EMPLOYMENT AGREEMENTEmployment Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories • New York
THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into effective as of January 1, 2005 (the “Effective Date”), by and between Gary L. Smith (“Executive”) and International Textile Group, Inc. (“Company” or “ITG”), a Delaware corporation.
165,000,000 CREDIT FACILITY CREDIT AGREEMENT Dated as of December 29, 2006 by and among INTERNATIONAL TEXTILE GROUP, INC., ITG HOLDINGS, INC., BURLINGTON INDUSTRIES LLC, CARLISLE FINISHING LLC, CONE DENIM LLC, CONE JACQUARDS LLC, AUTOMOTIVE SAFETY...Credit Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories • New York
This CREDIT AGREEMENT (including all exhibits and schedules hereto, as the same may be amended, modified and/or restated from time to time, this “Agreement”) is entered into as of December 29, 2006, by and among International Textile Group, Inc., a Delaware corporation (f/k/a Safety Components International, Inc.) (“ITG”), ITG Holdings, Inc., a Delaware corporation (f/k/a International Textile Group, Inc.) (“Holdings”), Burlington Industries LLC, a Delaware limited liability company (“Burlington”), Carlisle Finishing LLC, a Delaware limited liability company (“Carlisle”), Cone Denim LLC, a Delaware limited liability company (“Denim”), Cone Jacquards LLC, a Delaware limited liability company (“Jacquards”), Automotive Safety Components International, Inc., a Delaware corporation (“ASCI”), Safety Components Fabric Technologies, Inc., a Delaware corporation (“SCFTI”), Automotive Safety Components International Limited, a limited liability company incorporated in England and Wales with regi
TERM LOAN AGREEMENT Dated as of December 29, 2006 by and among BURLINGTON MORELOS, S.A. DE C.V., as the Borrower, GENERAL ELECTRIC CAPITAL CORPORATION for itself, as a Lender, and as the Agent for all Lenders, THE OTHER FINANCIAL INSTITUTIONS PARTY...Term Loan Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories • New York
THIS TERM LOAN AGREEMENT (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”) is made and entered into as of December 29, 2006, by and among BURLINGTON MORELOS, S.A. DE C.V., a Mexican stock limited liability corporation (sociedad anónima de capital variable) (“Borrower”), GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (in its individual capacity, “GE Capital”), as Agent for the several financial institutions from time to time party to this Agreement (collectively, the “Lenders” and individually each a “Lender”) and for itself as a Lender, and such Lenders.
EMPLOYMENT AGREEMENTEmployment Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories • New York
THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into effective as of January 1, 2005 (the “Effective Date”), by and between Joseph L. Gorga (“Executive”) and International Textile Group, Inc. (“Company” or “ITG”), a Delaware corporation.
DEBT EXCHANGE AGREEMENTDebt Exchange Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories • New York
THIS DEBT EXCHANGE AGREEMENT (this “Agreement”) is made and entered into as of March 2, 2007 by and among International Textile Group, Inc. (the “Issuer”), a Delaware corporation and successor-by-merger of ITG Holdings, Inc. (f/k/a International Textile Group, Inc.) (“Old ITG”), and WLR Recovery Fund II, L.P. (the “Investor”).
FORM OF STOCKHOLDERS AGREEMENT by and among INTERNATIONAL TEXTILE GROUP, INC., WLR RECOVERY FUND II, L.P., WLR RECOVERY FUND III, L.P., and THE OTHER INVESTORS FROM TIME TO TIME PARTY HERETO Dated as of March 2, 2007Stockholders Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories • New York
THIS STOCKHOLDERS AGREEMENT, dated as of March 2, 2007 (the "Agreement"), is made by and among International Textile Group, Inc., a Delaware corporation (the "Company"), WLR Recovery Fund II, L.P., a Delaware limited partnership (“Fund II”), WLR Recovery Fund III, L.P., a Delaware limited partnership (“Fund III” and, together with Fund II, the "WLR Funds"), and such other Persons listed from time to time on Schedule A hereto, as such schedule may be updated from time to time (collectively with the WLR Funds, the "Stockholders").
AMENDMENT NO. 5 TO CREDIT AGREEMENTCredit Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories
This AMENDMENT NO. 5 TO CREDIT AGREEMENT (this “Amendment”) is entered into as of March 30, 2007 by and among INTERNATIONAL TEXTILE GROUP, INC., a Delaware corporation, the other Borrowers and Credit Parties signatory hereto, GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation, for itself and as Agent, and the other Lenders signatory hereto. Unless otherwise specified herein, capitalized terms used in this Amendment shall have the meanings ascribed to them in to the Credit Agreement (as hereinafter defined).
LIMITED WAIVER AND AMENDMENT NO. 4 TO CREDIT AGREEMENTCredit Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories
This LIMITED WAIVER AND AMENDMENT NO. 4 TO CREDIT AGREEMENT (this “Amendment”) is entered into as of February 28, 2007 by and among INTERNATIONAL TEXTILE GROUP, INC., a Delaware corporation, the other Borrowers and Credit Parties signatory hereto, GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation, for itself and as Agent, and the other Lenders signatory hereto. Unless otherwise specified herein, capitalized terms used in this Amendment shall have the meanings ascribed to them in to the Credit Agreement (as hereinafter defined).
STOCK EXCHANGE AGREEMENTStock Exchange Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories • New York
THIS STOCK EXCHANGE AGREEMENT (this “Agreement”) is made and entered into as of March 8, 2007 by and between WLR Recovery Fund III, L.P., a Delaware limited partnership (“Fund III”), the individuals listed as “Other Stockholders” on the signature page hereto (the “Other Stockholders”), and International Textile Group, Inc., a Delaware corporation (“ITG”).
AGREEMENT AND PLAN OF MERGER Dated as of August 29, 2006 by and among SAFETY COMPONENTS INTERNATIONAL, INC., SCI MERGER SUB, INC. and INTERNATIONAL TEXTILE GROUP, INC.Agreement and Plan of Merger • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories • Delaware
This AGREEMENT AND PLAN OF MERGER, dated as of August 29, 2006 (this “Agreement”), is made and entered into by and among Safety Components International, Inc, a Delaware corporation (“SCI”), SCI Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of SCI (“Merger Sub”), and International Textile Group, Inc., a Delaware corporation (“ITG”).
AMENDMENT NO. 3 TO CREDIT AGREEMENTCredit Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories
This AMENDMENT NO. 3 TO CREDIT AGREEMENT (this “Amendment”) is entered into as of February 15, 2007 by and among INTERNATIONAL TEXTILE GROUP, INC., a Delaware corporation, the other Borrowers and Credit Parties signatory hereto, GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation, for itself and as Agent, and the other Lenders signatory hereto. Unless otherwise specified herein, capitalized terms used in this Amendment shall have the meanings ascribed to them in to the Credit Agreement (as hereinafter defined).
AMENDMENT NO. 2 TO CREDIT AGREEMENTCredit Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories
This AMENDMENT NO. 2 TO CREDIT AGREEMENT (this “Amendment”) is entered into as of January 31, 2007 by and among INTERNATIONAL TEXTILE GROUP, INC., a Delaware corporation, the other Borrowers and Credit Parties signatory hereto, GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation, for itself and as Agent, and the other Lenders signatory hereto. Unless otherwise specified herein, capitalized terms used in this Amendment shall have the meanings ascribed to them in to the Credit Agreement (as hereinafter defined).
AMENDMENT NO. 1 TO CREDIT AGREEMENTCredit Agreement • April 24th, 2007 • International Textile Group Inc • Motor vehicle parts & accessories
This AMENDMENT NO. 1 TO CREDIT AGREEMENT (this “Amendment”) is entered into as of January 19, 2007 by and among INTERNATIONAL TEXTILE GROUP, INC., a Delaware corporation, the other Borrowers and Credit Parties signatory hereto, GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation, for itself and as Agent, and the other Lenders signatory hereto. Unless otherwise specified herein, capitalized terms used in this Amendment shall have the meanings ascribed to them in to the Credit Agreement (as hereinafter defined).
