0001107049-02-000425 Sample Contracts

AGENCY AGREEMENT
Agency Agreement • May 14th, 2002 • Speizman Industries Inc • Wholesale-industrial machinery & equipment

By this Agency Agreement made on December 3rd 2001 by and between LONATI S.p.A., Via S. Polo nr 11, 25123 – Brescia (Italy) and Messrs. SPEIZMAN INDUSTRIES INC., 701 Griffith Road, Charlotte, NC 28217 – USA.

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COMMERCIAL LEASE (Form A140)
Lease • May 14th, 2002 • Speizman Industries Inc • Wholesale-industrial machinery & equipment

THIS LEASE is made between Master Distributors, Inc. t/a Atlantic Beverage Co., Inc. of Jessup, Maryland, herein called Lessor, and Wink Davis Equipment Co., Inc., of Charlotte, North Carolina, herein called Lessee.

DEALER AGREEMENT
Dealer Agreement • May 14th, 2002 • Speizman Industries Inc • Wholesale-industrial machinery & equipment • Louisiana

AGREEMENT made this 1st day of February, 2002 by and between PELLERIN MILNOR CORPRATION, a Louisiana Corporation, with principal offices at 700 Jackson Street, Kenner, Louisiana, United States of America (hereinafter referred to as “MILNOR”), and WINK DAVIS EQUIPMENT CO., INC. with principal offices at 625 Griffith Road, Suite 100, Charlotte, NC 28217 (hereinafter referred to as “DEALER”).

SECOND AMENDMENT TO LEASE AGREEMENT
Lease Agreement • May 14th, 2002 • Speizman Industries Inc • Wholesale-industrial machinery & equipment

THIS SECOND AMENDMENT TO LEASE AGREEMENT made this 1st day of May, 2002, effective as of January 1, 2002, by and between THE SPEIZMAN LLC, a North Carolina limited liability company (“Lessor”) and SPEIZMAN INDUSTRIES, INC., a North Carolina corporation (“Lessee”);

SECOND AMENDMENT TO AGENCY AGREEMENT AND FORBEARANCE AGREEMENT
Agency Agreement and Forbearance Agreement • May 14th, 2002 • Speizman Industries Inc • Wholesale-industrial machinery & equipment

Lonati SpA (successor to Lonati Srl), a corporation established and organized under the laws of the Italian Republic, having its legal address in Italy, 25123 Brescia, Via San Polo 11, fiscal code nr. 01469680175 and registered nr. 02096730961, represented by its legal representative Mr. Ettore Lonati (hereinafter “Lonati”)

THIRD AMENDMENT AND FORBEARANCE AGREEMENT
And Forbearance Agreement • May 14th, 2002 • Speizman Industries Inc • Wholesale-industrial machinery & equipment • Alabama

THIS THIRD AMENDMENT AND FORBEARANCE AGREEMENT (this "Agreement"), dated and effective the 19th day of February, 2002 (the "Effective Date"), by and among SPEIZMAN INDUSTRIES, INC., a Delaware company ("Speizman"), SPEIZMAN YARN EQUIPMENT, INC., a South Carolina company ("Speizman Yarn"), WINK DAVIS EQUIPMENT COMPANY, INC., a Georgia company ("Wink Davis"), TODD MOTION CONTROLS, INC.,a North Carolina company ("Todd Motion" and together with Speizman, Speizman Yarn, Wink Davis and any future or indirect subsidiaries of Speizman or of any other entities listed above, the "Borrowers"), jointly and severally, and their respective successors and assigns, and SOUTHTRUST BANK ("Lender").

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