Forbearance Agreement Extension



 Exhibit 10.29 
 March 16, 2009 
 Q.E.P. Co., Inc. 
 Roberts Consolidated Industries, Inc., 
 Roberts Holding International, Inc., 
 Roberts Company Canada Limited, 
 Q.E.P. Zocalis Holding L.L.C., 
 Boiardi Products Corporation, 
 Roberts Capitol, Inc., 
 QEP-California, Inc., 
 Q.E.P. Stone Holdings, Inc., 
 1001 Broken Sound Parkway, NW, Suite A, 
 Boca Raton, Florida 33487

  

	 	Re:	Forbearance Agreement Extension 

 Ladies and Gentlemen:

 Q.E.P. CO., INC., a Delaware corporation, ROBERTS CONSOLIDATED INDUSTRIES, INC., a Delaware corporation, ROBERTS HOLDING
INTERNATIONAL, INC., a Delaware corporation, ROBERTS COMPANY CANADA LIMITED, a corporation amalgamated under the laws of the province of Ontario, Canada, Q.E.P. ZOCALIS HOLDING L.L.C., a Delaware limited liability company,
BOIARDI PRODUCTS CORPORATION, a Florida corporation, ROBERTS CAPITOL, INC., a Florida corporation, QEP-CALIFORNIA, INC., a California corporation and Q.E.P. STONE HOLDINGS, INC., a Florida corporation (collectively
“Borrower” or “you”) are obligated to BANK OF AMERICA, N.A., (“BOA”) and HSBC BANK USA, NATIONAL ASSOCIATION, (“HSBC” and together with BOA, the “Lenders”), and
BANK OF AMERICA, N.A., as agent for the Lenders, (hereinafter referred to as the “Agent”) pursuant to that certain third Amended and Restated Loan Agreement dated as of December 30, 2008 (as amended and in effect from
time to time, the “Loan Agreement”), whereby Lenders have extended certain loans and other financial accommodations to Borrower secured by, among other things, a security interest in all the business assets of Borrower, and which
payment and performance, now existing or hereafter arising, is guaranteed by Roberts Company Canada Limited (“Guarantor” and together with Borrower, Lenders, and Agent collectively the “Parties”). Capitalized terms
used herein and not otherwise defined shall have the meanings given to such terms in the Loan Agreement unless otherwise specified herein. 







 The Parties entered into that certain Forbearance Agreement dated January 22, 2009 (the
“Forbearance Agreement”), which terminates on March 16, 2009. The Parties have agreed that the Forbearance Period (as defined in the Forbearance Agreement) be extended from March 16, 2009 through April 16, 2009. The
parties hereby agree that any and all references in the Forbearance Agreement to “March 16, 2009” are hereby deleted and replaced with a reference to “April 16, 2009”. The Forbearance Agreement shall remain unmodified except as
set forth herein. This letter may be executed in any number of counterparts, each of which shall constitute an original and all of which taken together shall constitute one instrument. 
 If the terms of this letter are acceptable to you and you agree to be bound by them, please so indicate by signing and returning the enclosed copy of
this letter. This letter shall not become effective unless it is signed by each of the parties to whom it is addressed and returned to the Agent, to be received no later than 5:00 p.m., March 16, 2009, TIME BEING OF THE ESSENCE. 
  

			
	 AGENT:

	
	 BANK OF AMERICA, N.A.

		
	 By:
	 	 /s/    Seth Tyminski

	 Name:
	 	Seth Tyminski
	 Its:
	 	Assistant Vice President
	
	 LENDERS:

	
	 BANK OF AMERICA, N.A.

		
	 By:
	 	 /s/    Seth Tyminski

	 Name:
	 	Seth Tyminski
	 Its:
	 	Assistant Vice President
	
	HSBC BANK USA, NATIONAL ASSOCIATION
		
	 By:
	 	 /s/    Jose V. Mazariegos

		 	Jose V. Mazariegos, Senior Vice President









 ACCEPTED AND AGREED TO: 
  

			
	 BORROWER:

	
	 Q.E.P. CO., INC.

		
	 By
	 	 /s/    Lewis Gould

	 Name:
	 	Lewis Gould
	 Its:
	 	President
	
	ROBERTS CONSOLIDATED INDUSTRIES, INC.
		
	 By:
	 	 /s/    Lewis Gould

	 Name:
	 	Lewis Gould
	 Its:
	 	President
	 (Duly Authorized)

	
	ROBERTS HOLDING INTERNATIONAL, INC.
		
	 By
	 	 /s/    Lewis Gould

	 Name:
	 	Lewis Gould
	 Its:
	 	President
	 (Duly Authorized)

	
	 ROBERTS COMPANY CANADA LIMITED

		
	 By
	 	 /s/    Lewis Gould

	 Name:
	 	Lewis Gould
	 Its:
	 	President
	 (Duly Authorized)











			
	 Q.E.P. ZOCALIS HOLDING L.L.C.

		
	 By
	 	 /s/    Lewis Gould

	 Name:
	 	Lewis Gould
	 Its:
	 	President
	 (Duly Authorized)

	
	BOIARDI PRODUCTS CORPORATION
		
	 By
	 	 /s/    Lewis Gould

	 Name:
	 	Lewis Gould
	 Its:
	 	President
	 (Duly Authorized)

	
	ROBERTS CAPITOL, INC.
		
	 By
	 	 /s/    Lewis Gould

	 Name:
	 	Lewis Gould
	 Its:
	 	President
	 (Duly Authorized)

	
	 QEP-CALIFORNIA, INC.

		
	 By
	 	 /s/    Lewis Gould

	 Name:
	 	Lewis Gould
	 Its:
	 	President
	 (Duly Authorized)

	
	 Q.E.P. STONE HOLDINGS, INC.

		
	 By
	 	 /s/    Lewis Gould

	 Name:
	 	Lewis Gould
	 Its:
	 	President
	 (Duly Authorized)











			
	 GUARANTOR:

	
	 ROBERTS COMPANY CANADA LIMITED

		
	 By
	 	 /s/    Lewis Gould

	 Name:
	 	Lewis Gould
	 Its:
	 	President
	 (Duly Authorized)



 cc: James C. Schulwolf, Esquire