EMPLOYMENT AGREEMENTEmployment Agreement • October 26th, 2006 • International Textile Group Inc • Motor vehicle parts & accessories • New York
THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into as of the Effective Date by and between Stephen B. Duerk (“Executive”) and International Textile Group, Inc. (“Company” or “ITG”), a Delaware corporation.
AMENDMENT NO. 7 AND CONSENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • October 26th, 2006 • International Textile Group Inc • Motor vehicle parts & accessories • New York
Wachovia Bank, National Association, successor by merger to Congress Financial Corporation (Southern) (“Lender”), Valentec Wells, LLC, formerly known as Valentec International Corporation, LLC (“Valentec”), Safety Components Fabric Technologies, Inc. (“SCFT”), Automotive Safety Components International, Inc. (“Automotive International”), Automotive Safety Components International GmbH & Co. KG (“German Borrower”), Automotive Safety Components International Limited (“UK Borrower” and together with Valentec, SCFT, Automotive International and German Borrower, individually each a “Borrower” and collectively, “Borrowers”), Safety Components International, Inc. (“Safety”), ASCI Holdings Germany (DE), Inc. (“ASCI Germany”), ASCI Holdings U.K. (DE), Inc. (“ASCI UK”), ASCI Holdings Mexico (DE), Inc. (“ASCI Mexico”), ASCI Holdings Czech (DE), Inc. (“ASCI Czech”), Automotive Safety Components International, S.A. de C.V. (“Automotive Safety Mexico”) and Automotive Safety Components International
