ContractAssumption Agreement • March 13th, 2007 • Kadant Inc • Special industry machinery (no metalworking machinery) • New York
ASSUMPTION AGREEMENT, dated as of June 12, 2006, made by Fiberprep Inc., a Delaware corporation (the “Additional Grantor/Guarantor”), in favor of JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the banks and other financial institutions or entities (the “Lenders”) parties to the Credit Agreement referred to below. All capitalized terms not defined herein shall have the meaning ascribed to them in such Credit Agreement.
JOINDER AGREEMENTJoinder Agreement • March 13th, 2007 • Kadant Inc • Special industry machinery (no metalworking machinery) • New York
JOINDER AGREEMENT, dated as of September 30, 2005, among Kadant Lamort SAS, a simplified joint stock company organized under the laws of France (the “Foreign Subsidiary”), KADANT INC., a Delaware corporation (the “Borrower”), JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the several banks and other financial institutions (the “Lenders”) from time to time parties to the Credit Agreement, dated as of May 9, 2005 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”; terms defined therein being used herein as therein defined) by and among the Borrower, the Lenders and the Administrative Agent.
ContractWaiver and Release • March 13th, 2007 • Kadant Inc • Special industry machinery (no metalworking machinery) • New York
WAIVER AND RELEASE, dated as of October 23, 2006 (this “Waiver and Release”), to (i) the Credit Agreement, dated as of May 9, 2005 (as amended by the First Amendment to Credit Agreement, dated as of October 21, 2005, the Second Amendment to Credit Agreement, dated as of December 28, 2005, and the Third Amendment to the Credit Agreement, dated as of April 3, 2006, and as may be further amended, supplemented or modified from time to time, the “Credit Agreement”), among KADANT INC. (the “Borrower”), the Foreign Subsidiary Borrowers from time to time parties thereto, the several Lenders from time to time parties thereto and JPMORGAN CHASE BANK, N.A., as Administrative Agent (the “Administrative Agent”) and (ii) the Guarantee and Pledge Agreement, dated as of May 9, 2005 (as amended, supplemented or modified from time to time, the “Guarantee and Pledge Agreement”), made by the Borrower and certain of its Subsidiaries in favor of the Administrative Agent for the benefit of Lenders.
KADANT INC. EQUITY INCENTIVE PLAN RESTRICTED STOCK AGREEMENT [NAME] Name of Recipient Number of Restricted Shares of Common Stock Awarded February 27, 2007 Award DateRestricted Stock Agreement • March 13th, 2007 • Kadant Inc • Special industry machinery (no metalworking machinery)
Kadant Inc. (the “Company”) has selected you to receive the restricted stock award identified above, subject to the provisions of the Company’s amended and restated Equity Incentive Plan (the “Plan”) and the terms, conditions and restrictions contained in this agreement (the “Agreement”). Please confirm your acceptance of this Award, your agreement to the terms of the Plan and this Agreement, your receipt of a copy of the Plan, and your receipt of a memorandum regarding the tax treatment of awards of restricted stock, by signing both copies of this Agreement. You should keep one copy for your records and return the other copy promptly to the Stock Option Manager of Kadant Inc., One Technology Park Drive, Westford, Massachusetts 01886.
ContractAssumption Agreement • March 13th, 2007 • Kadant Inc • Special industry machinery (no metalworking machinery) • New York
ASSUMPTION AGREEMENT, dated as of May 23, 2005, made by Kadant Johnson Inc. (the “Additional Grantor/Guarantor”), in favor of JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the banks and other financial institutions or entities (the “Lenders”) parties to the Credit Agreement referred to below. All capitalized terms not defined herein shall have the meaning ascribed to them in such Credit Agreement.
