Exhibit 10.1 BOARD OF DIRECTORS CONSULTING AND INDEMNITY AGREEMENT Fusen Chen (the "Director" or "you") and Electroglas, Inc. (the "Company" or "we") (collectively "the parties") enter into this Board of Directors Consulting and Indemnity Agreement...Board of Directors Consulting and Indemnity Agreement • February 8th, 2006 • Electroglas Inc • Special industry machinery, nec
