Exhibit 10.68 - Swap Confirmation with The Bank of KY, Inc.








EXHIBIT 10.68





THE BANK OF KENTUCKY, INC.


CONFIRMATION
To:        Wessco, LLC
7100 Grade Loan
Louisville, KY  40213


Attn:        Alan Schoering
Email:        aschroering@isa-inc.com


From:        The Bank of Kentucky, Inc.
Date:        17th October, 2013
Our Ref:    37571


The purpose of this letter agreement is to set forth the terms and conditions of the Swap Transaction entered into between The Bank of Kentucky, Inc. and Wessco, LLC (the “Counterparty”) on the Trade Date specified below (the “Swap Transaction”).  This letter agreement constitutes a “Confirmation” as referred to in the Master Agreement specified below.


1. The definitions and provisions contained in the 2006 ISDA Definitions (as published by the International Swaps and Derivatives Association, Inc.) (the “Definitions”) are incorporated into this Confirmation.


This Confirmation supplements, forms a part of, and is subject to, a certain ISDA Master Agreement (the “Master Agreement”) which has been, or will be executed between Counterparty and The Bank of Kentucky, Inc.. All provisions contained or incorporated by reference in such Master Agreement shall govern this Confirmation except as expressly modified below.  In the event of any inconsistency between this Confirmation and the Definitions or the Master Agreement, this Confirmation will govern.


This Confirmation will be governed by and construed in accordance with the laws of the State of New York, without reference to choice of law doctrine, provided that this provision will be superseded by any choice of law provision on the Master Agreement.


2. This Confirmation constitutes a Swap Transaction under the Master Agreement and the terms of the Swap Transaction to which this Confirmation relates are as follows:









Wessco, LLC                                    
Our ref:  37571                                    
____________________________________________________________________________________________________


		
	Notional Amount:
	For each Calculation Period, the amount listed under the heading “Notional Amount” in Schedule A, attached.


		
	Trade Date:
	17th October, 2013


		
	Effective Date:
	17th October, 2013 


		
	Termination Date:
	1st October, 2018 


Fixed Amounts:
		
	  Fixed Rate Payer:
	Wessco, LLC




		
	  Fixed Rate Payer
	Commencing the 1st day of November, 2013 and monthly thereafter on the 1st      Payment Dates:        calendar day of each month up to and including the Termination Date, subject to 


adjustment in accordance with Following Business Day Convention. 
		
	  Period End Dates:
	The 1st calendar day of each month commencing November, 2013 and ending on the Termination Date.  No Adjustment.


		
	  Fixed Rate:
	4.74000%


		
	  Fixed Rate Day
	Act/360


  Count Fraction:
Floating Amounts:
		
	  Floating Rate Payer:
	The Bank of Kentucky, Inc.




		
	  Floating Rate Payer
	Commencing the 1st day of November, 2013 and monthly thereafter on the 1st      Payment Dates:        calendar day of each month up to and including the Termination Date, subject to 


adjustment in accordance with Following Business Day Convention. 
		
	  Period End Dates:
	The 1st calendar day of each month commencing November, 2013 and ending on the Termination Date.  No Adjustment.


		
	  Floating Rate for Initial
	3.67375% inclusive of Spread


  Calculation Period:


		
	  Floating Rate Option:
	USD-LIBOR-BBA











Wessco, LLC                                    
Our ref:  37571                                    
____________________________________________________________________________________________________


		
	 Designated Maturity:
	1 Month




		
	  Spread:
	3.50000%




		
	  Floating Rate Day 
	Act/360


  Count Fraction:
 
		
	  Reset Dates:
	The first day of each Floating Rate Payer Calculation Period


		
	Calculation Agent:
	The Bank of Kentucky, Inc.


		
	Business Days:
	New York, London


Other Terms            Counterparty is electing under section 2(h)(7)(B) of the Commodity  Exchange Act and Conditions:            (7 U.S.C. §(h)(7)(B)) not to present this Swap Transaction to a Derivatives 
Clearing Organization for clearing. 
		
	Payment method:
	Account ending in 1040


Please confirm the foregoing correctly sets forth the terms of our Agreement by executing the copy of this Confirmation and returning it to us.
Regards,
The Bank of Kentucky, Inc.


By:   /s/  Martin J. Gerrety______________________


Name:  Martin J. Gerrety_______________________
       EVP and CFO


Accepted and confirmed as
of the Trade Date


Wessco, LLC a Delaware limited liability company


By: Industrial Services of America, Inc, a Florida Corporation, its Manager


By:  /s/  Alan Schroering__________________
Name:    Alan Schroering
Title:    VP Finance and interim CFO
Date:    10/18/13









Wessco, LLC                                    
Our ref:  37571                                    
____________________________________________________________________________________________________


	
				
	Schedule A

	 
	 
	 
	 

	Period Start
	Period End
	Notional Amount (USD)
	Notional Amortization

	17-Oct-13
	01-Nov-13
	3,000,000.00
	45,286.00

	01-Nov-13
	01-Dec-13
	2,954,714.00
	45,286.00

	01-Dec-13
	01-Jan-14
	2,909,428.00
	45,286.00

	01-Jan-14
	01-Feb-14
	2,864,142.00
	45,286.00

	01-Feb-14
	01-Mar-14
	2,818,856.00
	45,286.00

	01-Mar-14
	01-Apr-14
	2,773,570.00
	45,286.00

	01-Apr-14
	01-May-14
	2,728,284.00
	45,286.00

	01-May-14
	01-Jun-14
	2,682,998.00
	45,286.00

	01-Jun-14
	01-Jul-14
	2,637,712.00
	45,286.00

	01-Jul-14
	01-Aug-14
	2,592,426.00
	45,286.00

	01-Aug-14
	01-Sep-14
	2,547,140.00
	45,286.00

	01-Sep-14
	01-Oct-14
	2,501,854.00
	45,286.00

	01-Oct-14
	01-Nov-14
	2,456,568.00
	47,542.00

	01-Nov-14
	01-Dec-14
	2,409,026.00
	47,542.00

	01-Dec-14
	01-Jan-15
	2,361,484.00
	47,542.00

	01-Jan-15
	01-Feb-15
	2,313,942.00
	47,542.00

	01-Feb-15
	01-Mar-15
	2,266,400.00
	47,542.00

	01-Mar-15
	01-Apr-15
	2,218,858.00
	47,542.00

	01-Apr-15
	01-May-15
	2,171,316.00
	47,542.00

	01-May-15
	01-Jun-15
	2,123,774.00
	47,542.00

	01-Jun-15
	01-Jul-15
	2,076,232.00
	47,542.00

	01-Jul-15
	01-Aug-15
	2,028,690.00
	47,542.00

	01-Aug-15
	01-Sep-15
	1,981,148.00
	47,542.00

	01-Sep-15
	01-Oct-15
	1,933,606.00
	47,542.00

	01-Oct-15
	01-Nov-15
	1,886,064.00
	49,889.00

	01-Nov-15
	01-Dec-15
	1,836,175.00
	49,889.00

	01-Dec-15
	01-Jan-16
	1,786,286.00
	49,889.00

	01-Jan-16
	01-Feb-16
	1,736,397.00
	49,889.00

	01-Feb-16
	01-Mar-16
	1,686,508.00
	49,889.00

	01-Mar-16
	01-Apr-16
	1,636,619.00
	49,889.00

	01-Apr-16
	01-May-16
	1,586,730.00
	49,889.00

	01-May-16
	01-Jun-16
	1,536,841.00
	49,889.00

	01-Jun-16
	01-Jul-16
	1,486,952.00
	49,889.00













Wessco, LLC                                    
Our ref:  37571                                    
____________________________________________________________________________________________________


	
				
	Period Start
	Period End
	Notional Amount (USD)
	Notional Amortization

	01-Jul-16
	01-Aug-16
	1,437,063.00
	49,889.00

	01-Aug-16
	01-Sep-16
	1,387,174.00
	49,889.00

	01-Sep-16
	01-Oct-16
	1,337,285.00
	49,889.00

	01-Oct-16
	01-Nov-16
	1,287,396.00
	52,391.00

	01-Nov-16
	01-Dec-16
	1,235,005.00
	52,391.00

	01-Dec-16
	01-Jan-17
	1,182,614.00
	52,391.00

	01-Jan-17
	01-Feb-17
	1,130,223.00
	52,391.00

	01-Feb-17
	01-Mar-17
	1,077,832.00
	52,391.00

	01-Mar-17
	01-Apr-17
	1,025,441.00
	52,391.00

	01-Apr-17
	01-May-17
	973,050.00
	52,391.00

	01-May-17
	01-Jun-17
	920,659.00
	52,391.00

	01-Jun-17
	01-Jul-17
	868,268.00
	52,391.00

	01-Jul-17
	01-Aug-17
	815,877.00
	52,391.00

	01-Aug-17
	01-Sep-17
	763,486.00
	52,391.00

	01-Sep-17
	01-Oct-17
	711,095.00
	52,391.00

	01-Oct-17
	01-Nov-17
	658,704.00
	54,425.00

	01-Nov-17
	01-Dec-17
	604,279.00
	54,425.00

	01-Dec-17
	01-Jan-18
	549,854.00
	54,425.00

	01-Jan-18
	01-Feb-18
	495,429.00
	54,425.00

	01-Feb-18
	01-Mar-18
	441,004.00
	54,425.00

	01-Mar-18
	01-Apr-18
	386,579.00
	54,425.00

	01-Apr-18
	01-May-18
	332,154.00
	54,425.00

	01-May-18
	01-Jun-18
	277,729.00
	54,425.00

	01-Jun-18
	01-Jul-18
	223,304.00
	54,425.00

	01-Jul-18
	01-Aug-18
	168,879.00
	54,425.00

	01-Aug-18
	01-Sep-18
	114,454.00
	54,425.00

	01-Sep-18
	01-Oct-18
	60,029.00
	60,029.00