0001193125-08-111771 Sample Contracts

SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • May 12th, 2008 • Nautilus, Inc. • Sporting & athletic goods, nec • California

THIS SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT (this “Amendment”), dated as of March 31, 2008, is entered into by and among the financial institutions signatory hereto (each a “Lender” and collectively the “Lenders”), BANK OF AMERICA, N.A., as administrative agent for the Lenders (in such capacity, “Agent”), NAUTILUS, INC., a Washington corporation (“US Borrower”), NAUTILUS INTERNATIONAL S.A., a Swiss private share company (“Swiss Borrower”, and together with US Borrower, collectively, “Borrowers”).

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SUPPLY AGREEMENT
Supply Agreement • May 12th, 2008 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington

NOW, THEREFORE, in consideration of the mutual agreements and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENT AND CONSENT
Loan and Security Agreement and Consent • May 12th, 2008 • Nautilus, Inc. • Sporting & athletic goods, nec • California

THIS THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENT AND CONSENT (this “Amendment”), dated as of May 5, 2008, is entered into by and among the financial institutions signatory hereto (each a “Lender” and collectively the “Lenders”), BANK OF AMERICA, N.A., as administrative agent for the Lenders (in such capacity, “Agent”), NAUTILUS, INC., a Washington corporation (“US Borrower”), NAUTILUS INTERNATIONAL S.A., a Swiss private share company (“Swiss Borrower”, and together with US Borrower, collectively, “Borrowers”).

EMPLOYMENT AGREEMENT
Employment Agreement • May 12th, 2008 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington

This Employment Agreement (this “Agreement”) is entered into as of May 6, 2008, by and between Nautilus Inc., a Washington corporation (the “Company” or “Employer”), and Sebastien Goulet (“Employee”). In consideration of the premises and the mutual covenants and agreements hereinafter set forth, the Company and Employee hereby agree as follows:

CONFIDENTIAL SETTLEMENT AGREEMENT
Confidential Settlement Agreement • May 12th, 2008 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington

THIS SETTLEMENT AGREEMENT (the “Agreement”) is entered into this 5th day of May , 2008, by and between Land America Health and Fitness Co. Ltd., Treuriver Investments Limited, Michael C. Bruno, and Yang Lin Qing (hereinafter “Claimants”) and Nautilus, Inc. (“Nautilus” or “Respondents”) (collectively, the “Parties”). Claimants and Nautilus are parties to several agreements and understandings in relation to the proposed acquisition by Nautilus of the assets of Land America Health and Fitness Co. Ltd and Treuriver Investments and other issues related to Nautilus’ proposed acquisition, ownership, and operation of fitness equipment business and assets of Claimants (hereinafter the “Transaction.”). The Parties enter into this Agreement in settlement of any and all claims, known or unknown, including but not limited to those that are, or could have been, related to the Transaction, including any and all such claims relating to the failure of the Transaction to close (hereinafter defined below

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