Exhibit 10.1

 

FOURTH AMENDMENT TO

MANAGEMENT AGREEMENT

 

This FOURTH AMENDMENT TO MANAGEMENT AGREEMENT, (this “Fourth Amendment”), dated
as of June 9, 2005, is entered into by and among KRG Capital Partners, LLC, a
Delaware limited liability company (“KRG”) and Accellent Inc., a Maryland
corporation formerly known as UTI Corporation (“Accellent” or the “Company”).

 

RECITALS

 

A.            KRG and Accellent are parties to that certain Management Agreement
dated July 6, 1999 (“Management Agreement”) as amended by the First Amendment to
Management Agreement, dated May 31, 2000 (the “First Amendment”), the Second
Amendment to Management Agreement, dated January 31, 2001 (the “Second
Amendment”), and the Third Amendment to Management Agreement, dated June 30,
2004 (the “Third Amendment”). The Management Agreement, as amended by the First
Amendment, the Second Amendment and the Third Amendment, is referred to herein
as the “Agreement.”

 

B.            KRG and Accellent wish to amend the Agreement so as to increase
the cap amount of certain fees which may be paid to KRG from $750,000 to
$1,750,000.

 

C.            Unless otherwise amended herein, capitalized terms not otherwise
defined herein shall have the meanings ascribed to them in the Agreement.

 

AGREEMENT

 

NOW THEREFORE, in consideration of the foregoing premises and for other good and
valuable consideration, the receipt and adequacy of which are hereby
acknowledged, the parties hereto amend the Agreement as follows:

 

1.  Section 3(c) of the Agreement is hereby amended by deleting the reference in
Section 3(c) to “$750,000” and replacing it with “$1,750,000.”

 

2.  Other than the amendments and modifications specifically contained herein,
the Agreement remains unmodified and in full force and effect.

 

[SIGNATURE PAGE FOLLOWS]

 

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SIGNATURES

 

IN WITNESS WHEREOF, KRG and Accellent  have caused this Fourth Amendment to be
signed by their respective officers thereunto duly authorized as of the date
first written above.

 

 

KRG CAPITAL PARTNERS, LLC

 

 

 

 

 

By:

/s/ Bruce L. Rogers

 

 

Name:

  Bruce L. Rogers

 

 

Title:

     Managing Director

 

 

 

 

 

 

 

ACCELLENT INC.

 

 

 

 

 

 

 

By:

/s/ Stewart A. Fisher

 

 

Name:

 Stewart A. Fisher

 

 

Title:

    Chief Financial Officer, Executive Vice

 

 

 

    President, Treasurer and Secretary

 

[SIGNATURE PAGE TO FOURTH AMENDMENT TO MANAGEMENT AGREEMENT]

 

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