Exhibit 10.1
 
JOINDER AGREEMENT
 
JOINDER AGREEMENT, dated as of March 17, 2008, among Kadant Johnson Europe B.V.
(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 February 13, 2008 (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.
 
W I T N E S S E T H:
 
WHEREAS, the parties to this Joinder Agreement wish to add the Foreign
Subsidiary as the Foreign Subsidiary Borrower to the Credit Agreement in the
manner hereinafter set forth; and
 
WHEREAS, this Joinder Agreement is entered into pursuant to subsection 5.3(b) of
the Credit Agreement;
 
NOW, THEREFORE, in consideration of the premises, the parties hereto hereby
agree as follows:
 
1.  The Foreign Subsidiary hereby acknowledges that it has received and reviewed
a copy of the Credit Agreement, and acknowledges and agrees to:

(a)  join the Credit Agreement as the Foreign Subsidiary Borrower, as indicated
with its signature below;

(b)  be bound by all covenants, agreements and acknowledgments attributable to
the Foreign Subsidiary Borrower in the Credit Agreement; and

(c)  perform all obligations and duties required of it by the Credit Agreement.

2.   The Foreign Subsidiary hereby represents and warrants that the
representations and warranties with respect to it contained in Sections 4 and
5.4 of the Credit Agreement or which are contained in any certificate furnished
by or on behalf of it are true and correct on the date hereof.

3.  The address and jurisdiction of organization of the Foreign Subsidiary is
set forth below:
Address:                      Nijverheidslaan 23
1383 LG Weesp
The Netherlands
Attn:                                Managing Director
Telecopy:                      31 294 431359
Telephone:                                31 294 431359

 
 

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Jurisdiction
of organization: The Netherlands

4.  THIS JOINDER AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

 
 

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IN WITNESS WHEREOF, each of the undersigned has caused this Joinder Agreement to
be duly executed and delivered in New York, New York by its proper and duly
authorized officer as of the date set forth below.
 
Dated:  March 17, 2008
 
KADANT JOHNSON EUROPE BV,
as the Foreign Subsidiary Borrower

By:__/s/ F. H. Westerhout____
   Name:                      F.H. Westerhout
   Title:                                Managing Director

 
KADANT INC.

By:__/s/ Daniel J. Walsh____
   Name:                      Daniel J. Walsh
   Title:                                Treasurer
 

 

 
ACKNOWLEDGED AND AGREED TO:
 
JPMORGAN CHASE BANK, N.A.
as Administrative Agent

By:___/s/ Peter M. Killea_
   Name:  Peter M. Killea
   Title:    Vice President
 

 
 

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