**EXHIBIT 10.8****LEASE TERMINATION AND RELEASE AGREEMENT**     **THIS LEASE TERMINATION AND RELEASE AGREEMENT**(the “**Agreement**”) is made as of the 20thday of September, 2006 by and between 3-B EAST ASSOCIATES, a Florida general partnership (the“**Landlord**”) and COLEMAN CABLE, INC., a Delaware corporation (the “**Tenant**”).**R E C I T A L S:**     1. Landlord and Tenant entered into that certain Standard Lease dated August 26th, 2003 asamended by that certain Amendment to Standard Lease dated August 26th, 2003 (collectively, the“**Lease**”), whereunder Landlord leased to Tenant certain premises (the “**LeasedPremises**”) located at 5960 Miami Lakes Drive. Miami Lakes, Florida.     2. Landlord and Tenant wish to terminate the Lease as set forth in this Agreement.     **NOW THEREFORE**in consideration of the sum of $10.00 and other good and valuable consideration,the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant do herebycovenant, promise and agree as follows:     1. Termination. Landlord and Tenant acknowledge and agree that the Lease shallbe terminated effective as of October 1, 2006 (the “**Termination Date**”). Following theTermination Date, the Lease shall be considered terminated and of no further force or effect.     2. Termination Fee. In consideration of Landlord’s agreement to terminate the Leaseand to provide a release to Tenant in accordance with the terms of Section 4 below, Tenant shallpay to Landlord a termination fee of Three Hundred Ninety Four Thousand Four Hundred Seventy Fiveand no/100 Dollars ($394,475.00) (the “**Termination Fee**”) on or before October 9, 2006.     Landlord acknowledges and agrees that it shall not show the Termination Fee as rental incomeon its books and Tenant acknowledges and agrees that it shall not show the Termination Fee as arental expense on its books. Tenant hereby indemnifies Landlord for any loss, cost or expense thatmay be suffered by Landlord as a result of Tenant’s recording the Termination Fee as a rentalexpense on its books. Each of the parties agrees that Tenant has vacated the Leased Premises priorto the date of this Agreement and that upon execution of this Agreement, Tenant has no furtherright to use or occupy the Leased Premises.     3. Landlord Release. Tenant hereby remises, releases, acquits, satisfies, and foreverdischarges Landlord and its officers, directors, shareholders, partners, affiliates, employees andagents (collectively, the “**Landlord Releasees**”), of and from all manner of action andactions, cause and causes of action, suits, debts, dues, sums of money, accounts, reckonings,bonds, bills, specialties, covenants, contracts and controversies, agreements, promises, variances,trespasses, damages, judgments, executions, claims and demands whatsoever, in law or in equity,which Tenant ever had, now has or hereafter can, shall or may have, against any Landlord Releasee,for, upon or by reason of the Lease and/or the Leased Premises, from the beginning of the world tothe date of this Agreement.
 

 
     4. Tenant Release. Landlord hereby remises, releases, acquits, satisfies, and foreverdischarges Tenant, and its officers, directors, shareholders, partners, affiliates, employees andagents (collectively, the “**Tenant Releasees**”), of and from all manner of action andactions, cause and causes of action, suits, debts, dues, sums of money, accounts, reckonings,bonds, bills, specialties, covenants, contracts and controversies, agreements, promises, variances,trespasses, damages, judgments, executions, claims and demands whatsoever, in law or in equity,which Landlord ever had, now has or hereafter can, shall or may have, against any Tenant Releasee,for, upon or by reason of the Lease and/or the Leased Premises, from the beginning of the world tothe date of this Agreement.     5. Reservation of Liability. Notwithstanding the release contained in Paragraph 4above, Tenant shall not be released from any indemnity obligations which, pursuant to the terms ofthe Lease, expressly survive the termination of the Lease, specifically including, withoutlimitation, Tenant’s obligations contained in Section 28 of the Lease, or from any loss, cost orexpense that Landlord may suffer as a result of the Tenant having done any work at the LeasedPremises that is not in compliance with applicable codes or ordinances, as required under Section12 of the Lease (the “**Surviving Lease Obligations**”). Tenant further expressly acknowledgesand agrees that notwithstanding the Release contained in Paragraph 4 above, if there occurs anydamage to the Leased Premises as a result of a windstorm casualty prior to the Windstorm InsuranceDeductible Expiration Date (as hereinafter defined), Tenant shall be responsible to reimburseLandlord for the actual cost (not to exceed $424,000.00) of Landlord’s deductible under thewindstorm insurance policy that Landlord will maintain on the Leased Premises (the “**SurvivingWindstorm Insurance Obligation**”). For purposes hereof the “**Windstorm Insurance DeductibleExpiration Date”**shall mean the earlier of (i) the date that Landlord re-lets the Leased Premisesto a new tenant who has either obtained its own windstorm insurance policy for the Leased Premisesat its own cost and expense, or who is obligated to reimburse the Landlord for Landlord’s cost toobtain a windstorm insurance policy for the Leased Premises, or (ii) November 30, 2006. Inaddition, Landlord acknowledges that Tenant’s obligation to reimburse Landlord for the actual costof the deductible (not to exceed $424,000.00) shall be equitably apportioned between Landlord andTenant in the event that prior to the date that the Surviving Windstorm Insurance Obligationterminates, Landlord re-lets some portion of the Leased Premises to a new tenant who has eitherobtained its own windstorm insurance policy for the applicable portion of the Leased Premises atits own cost and expense, or who is obligated to reimburse the Landlord for Landlord’s cost toobtain a windstorm insurance policy for the applicable portion of the Leased Premises.     Tenant also further expressly acknowledges and agrees that notwithstanding the Releasecontained in Paragraph 4 above, if there occurs any damage to the Leased Premises as a result offire or other casualty prior to the Casualty Insurance Deductible Expiration Date (as hereinafterdefined), Tenant shall be responsible to reimburse Landlord for the cost of Landlord’s deductibleunder the fire and extended casualty insurance policy that Landlord will maintain on the LeasedPremises (the “**Surviving Casualty Insurance Obligation**”). (The Surviving Lease Obligations, theSurviving Windstorm Insurance Obligation and the Surviving Casualty Insurance Obligation arehereinafter referred to collectively as the “**Surviving Obligations.**”) For purposes of this Section5, the “**Casualty Insurance Deductible Expiration Date**” shall mean the earlier of (i) the date thatLandlord re-lets the Leased Premises to a new tenant who has either obtained its own fire and extended casualty insurance policy for the Leased Premises at its own cost andexpense, or who is obligated to reimburse the Landlord for Landlord’s cost to obtain a fire and
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extended casualty insurance policy for the Leased Premises, or (ii) April 18th, 2007.In addition, Landlord acknowledges that Tenant’s obligation to reimburse Landlord for the cost ofLandlord’s deductible under the fire and extended casualty insurance policy that Landlord willmaintain on the Leased Premises shall be equitably apportioned between Landlord and Tenant in theevent that, prior to the Casualty Insurance Deductible Expiration Date, Landlord re-lets someportion of the Leased Premises to a new tenant who has either obtained its own fire and extendedcoverage insurance policy for the applicable portion of the Leased Premises at its own cost andexpense, or who is obligated to reimburse the Landlord for Landlord’s cost to obtain a fire andextended coverage policy for the applicable portion of the Leased Premises.     6. Accord and Satisfaction. Landlord and Tenant agree that this Agreement shallconstitute an accord and satisfaction and a mutual release, satisfaction and full discharge of anyand all claims, demands, rights, remedies, actions, suits, damages, debts, causes of action orliabilities that any party hereto has or may have against the other party or against itsrepresentatives, successors, assigns, officers, directors, members, partners, agents, attorneys,subsidiaries, affiliates or employees, whether known or unknown, foreseeable or unforeseeable,claimed or not claimed arising from or relating to the Lease and/or the Leased Premises, from thebeginning of the world to the date of this Agreement, except only as to the SurvivingObligations and the terms and provisions of this Agreement.     7. Binding Effect. The conditions, covenants, and agreements contained in theAgreement shall be binding upon and inure to the benefit of the parties hereto, their respectiveheirs, executors, administrators, successors and assigns.     8. Counterparts. This Agreement may be executed in any number of counterparts, eachof which shall be deemed an original, but all together of which shall constitute one and the samedocument.     9. Miscellaneous.          A. Each party hereto represents and warrants that it is authorized to enter into thisAgreement on behalf of its respective entity and to bind their respective said entity with respectto the Agreement and any transaction contemplated by or occurring under the provisions of thisAgreement.          B. Except as modified pursuant to the terms of this Agreement, the Lease is in full force andeffect and this Agreement shall be deemed an amendment to the Lease.          C. Neither this Agreement nor anything contained herein shall constitute or be deemed anadmission of liability, wrongdoing, or unlawful conduct on the part of Tenant.          D. This Agreement has been jointly drafted by the parties and their counsel. The terms ofthis Agreement may not be construed against any party based upon a claim that the party or itscounsel was responsible for drafting the Agreement, in whole or in part.          E. This Agreement contains the entire agreement among the parties with respect to thesettlement of the liabilities and obligations set forth herein, and supersedes any and all prior negotiations, promises, covenants, agreements or understandings among the partieshereto to the subject matter hereof. Further, the parties agree that this Agreement, may not be
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amended or modified in any way, except by a written instrument signed by all parties to thisAgreement.          F. If any provision contained in this Agreement is held void, voidable, invalid orunenforceable, then said provision shall be deemed to be severed and removed from this Agreementand the remainder of this Agreement shall remain in full force and effect as if said provision hadnever been contained therein.          G. This Agreement shall be governed by the laws of the State of Florida          H. In the event of any litigation under this Agreement, the prevailing party shall be entitledto reimbursement of reasonable attorney’s fees and court costs at trial and all appellate levels.          I. The parties hereby acknowledge that they fully understand the terms of this Agreement; haveentered into same voluntarily; and have had the advice of counsel in so doing.          J. Each party agrees to bear their respective attorneys’ fees and costs incurred herein andwith respect to the Lease and the Leased Premises through the date of this Agreement.**[SIGNATURE PAGE FOLLOWS]**
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     **IN WITNESS WHEREOF,**the parties hereto have executed this Agreement as of the day and yearfirst above written.   Signed, sealed and delivered in thepresence of: **LANDLORD:3-B EAST ASSOCIATES, a Florida general partnership**   /s/ Albert Couto /s/ Edward J. Easton   Albert Couto Edward J. EastonChief Operating Officer       **TENANT:**  **COLEMAN CABLE, INC., a Delawarecorporation**   /s/ Deborah A. Solie /s/ Jeffrey D. Johnston   Deborah A. Solie Jeffrey D. JohnstonAssistant to the Chief Executive Officer Senior Vice President, Operations
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