EXHIBIT 10(b)
 CREDIT AGREEMENT
 among
 CORE MOLDING TECHNOLOGIES, INC.
 and
 CORECOMPOSITES DE MEXICO, S. DE R.L. DE C.V.  as Borrowers
 THE LENDERS NAMED HEREIN  as Lenders
 and
 KEYBANK NATIONAL ASSOCIATION  as Lead Arranger, Sole Book Runner and Administrative Agent
 
 dated as of
December 9, 2008




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TABLE OF CONTENTS
 PageARTICLE I. DEFINITIONS
    
    
    1Section 1.1. Definitions
    
    
    1Section 1.2. Accounting Terms
    
    
    29Section 1.3. Terms Generally
    
    
    29ARTICLE II. AMOUNT AND TERMS OF CREDIT
    
    
    29Section 2.1. Amount and Nature of Credit
    
    
    29Section 2.2. Revolving Credit
    
    
    30Section 2.3. Term Loan
    
    
    34Section 2.4. Capex Commitment
    
    
    34Section 2.5. Mexican Loan Commitment
    
    
    35Section 2.6. IDRB Letter of Credit
    
    
    35Section 2.7. Interest
    
    
    37Section 2.8. Evidence of Indebtedness
    
    
    40Section 2.9. Notice of Credit Event; Funding of Loans
    
    
    41Section 2.10. Payment on Loans and Other Obligations
    
    
    43Section 2.11. Prepayment
    
    
    43Section 2.12. Commitment and Other Fees; Reduction of Revolving Credit Commitment
    
    
    44Section 2.13. Computation of Interest and Fees
    
    
    45Section 2.14. Mandatory Payments
    
    
    45Section 2.15. Liability of Borrowers
    
    
    48Section 2.16. Extension of Commitment
    
    
    49ARTICLE III. ADDITIONAL PROVISIONS RELATING TO EURODOLLAR LOANS; INCREASED CAPITAL; TAXES
    
    
    49Section 3.1. Requirements of Law
    
    
    49Section 3.2. Taxes
    
    
    50Section 3.3. Funding Losses
    
    
    52Section 3.4. Eurodollar Rate or Daily LIBOR Rate Lending Unlawful; Inability to Determine Rate
    
    
    52Section 3.5. Discretion of Lenders as to Manner of Funding
    
    
    53Section 3.6. Failure of Lender to Obtain Lower Withholding Tax Status
    
    
    53ARTICLE IV. CONDITIONS PRECEDENT
    
    
    54Section 4.1. Conditions to Each Credit Event
    
    
    54Section 4.2. Conditions to the First Credit Event
    
    
    54Section 4.3. Post-Closing Conditions
    
    
    58ARTICLE V. COVENANTS
    
    
    59Section 5.1. Insurance
    
    
    59Section 5.2. Money Obligations
    
    
    60Section 5.3. Financial Statements and Information
    
    
    60Section 5.4. Financial Records
    
    
    61Section 5.5. Franchises; Change in Business
    
    
    61Section 5.6. ERISA Pension and Benefit Plan Compliance
    
    
    61Section 5.7. Financial Covenants
    
    
    63Section 5.8. Borrowing
    
    
    63
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TABLE OF CONTENTS
 PageSection 5.9. Liens
    
    
    64Section 5.10. Regulations T, U and X
    
    
    65Section 5.11. Investments, Loans and Guaranties
    
    
    65Section 5.12. Merger and Sale of Assets
    
    
    66Section 5.13. Acquisitions
    
    
    67Section 5.14. Notice
    
    
    67Section 5.15. Restricted Payments
    
    
    68Section 5.16. Environmental Compliance
    
    
    68Section 5.17. Affiliate Transactions
    
    
    68Section 5.18. Use of Proceeds
    
    
    68Section 5.19. Corporate Names and Locations of Collateral
    
    
    69Section 5.20. Lease Rentals
    
    
    69Section 5.21. Subsidiary Guaranties, Security Documents and Pledge of Stock or Other Ownership Interest
    
    
    69Section 5.22. Restrictive Agreements
    
    
    70Section 5.23. Other Covenants and Provisions
    
    
    70Section 5.24. Amendment of Organizational Documents
    
    
    71Section 5.25. Fiscal Year of Borrowers
    
    
    71Section 5.26. Banking Relationship
    
    
    71Section 5.27. Spanish Language Translation
    
    
    71Section 5.28. Other Covenants Relating to the Mexican Project
    
    
    71Section 5.29. Further Assurances
    
    
    74ARTICLE VI. REPRESENTATIONS AND WARRANTIES
    
    
    74Section 6.1. Corporate Existence; Subsidiaries; Foreign Qualification
    
    
    74Section 6.2. Corporate Authority
    
    
    75Section 6.3. Compliance with Laws and Contracts
    
    
    75Section 6.4. Litigation and Administrative Proceedings
    
    
    76Section 6.5. Title to Assets
    
    
    76Section 6.6. Liens and Security Interests
    
    
    76Section 6.7. Tax Returns
    
    
    76Section 6.8. Environmental Laws
    
    
    77Section 6.9. Locations
    
    
    77Section 6.10. Continued Business
    
    
    77Section 6.11. Employee Benefits Plans
    
    
    77Section 6.12. Consents or Approvals
    
    
    78Section 6.13. Solvency
    
    
    79Section 6.14. Financial Statements
    
    
    79Section 6.15. Regulations
    
    
    79Section 6.16. Material Agreements
    
    
    79Section 6.17. Intellectual Property
    
    
    80Section 6.18. Insurance
    
    
    80Section 6.19. Deposit Accounts
    
    
    80Section 6.20. Accurate and Complete Statements
    
    
    80Section 6.21. Investment Company; Other Restrictions
    
    
    80Section 6.22. Mexican Project
    
    
    80
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TABLE OF CONTENTS
 PageSection 6.23. Defaults
    
    
    82ARTICLE VII. EVENTS OF DEFAULT
    
    
    82Section 7.1. Payments
    
    
    82Section 7.2. Special Covenants
    
    
    82Section 7.3. Other Covenants
    
    
    82Section 7.4. Representations and Warranties
    
    
    82Section 7.5. Cross Default
    
    
    83Section 7.6. ERISA Default
    
    
    83Section 7.7. Change in Control
    
    
    83Section 7.8. Judgments
    
    
    83Section 7.9. Material Adverse Change
    
    
    83Section 7.10. Security
    
    
    83Section 7.11. Validity of Loan Documents
    
    
    84Section 7.12. Expropriation Default
    
    
    84Section 7.13. Defaults with Respect to the Mexican Project
    
    
    84Section 7.14. Solvency
    
    
    85ARTICLE VIII. REMEDIES UPON DEFAULT
    
    
    85Section 8.1. Optional Defaults
    
    
    85Section 8.2. Automatic Defaults
    
    
    86Section 8.3. Letters of Credit and IDRB Letter of Credit
    
    
    86Section 8.4. Mexican Project
    
    
    86Section 8.5. Offsets
    
    
    87Section 8.6. Equalization Provisions
    
    
    87Section 8.7. Other Remedies
    
    
    88Section 8.8. Application of Proceeds
    
    
    88ARTICLE IX. THE AGENT
    
    
    89Section 9.1. Appointment and Authorization
    
    
    89Section 9.2. Note Holders
    
    
    90Section 9.3. Consultation With Counsel
    
    
    90Section 9.4. Documents
    
    
    90Section 9.5. Agent and Affiliates
    
    
    90Section 9.6. Knowledge of Default
    
    
    91Section 9.7. Action by Agent
    
    
    91Section 9.8. Release of Collateral or Guarantor of Payment
    
    
    91Section 9.9. Delegation of Duties
    
    
    91Section 9.10. Indemnification of Agent
    
    
    92Section 9.11. Successor Agent
    
    
    92Section 9.12. Fronting Lender
    
    
    92Section 9.13. Swing Line Lender
    
    
    93Section 9.14. Agent May File Proofs of Claim
    
    
    93Section 9.15. No Reliance on Agents Customer Identification Program
    
    
    93Section 9.16. Other Agents
    
    
    94
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TABLE OF CONTENTS
 PageARTICLE X. GUARANTY BY CORE MOLDING OF OBLIGATIONS OF CORE MEXICO
    
    
    94Section 10.1. The Guaranty
    
    
    94Section 10.2. Obligations Unconditional
    
    
    94Section 10.3. Reinstatement
    
    
    95Section 10.4. Subrogation
    
    
    95Section 10.5. Remedies
    
    
    95Section 10.6. Instrument for the Payment of Money
    
    
    96Section 10.7. Continuing Guaranty
    
    
    96Section 10.8. Payments
    
    
    96ARTICLE XI. MISCELLANEOUS
    
    
    96Section 11.1. Lenders Independent Investigation
    
    
    96Section 11.2. No Waiver; Cumulative Remedies
    
    
    96Section 11.3. Amendments, Waivers and Consents
    
    
    96Section 11.4. Notices
    
    
    97Section 11.5. Costs, Expenses and Taxes
    
    
    98Section 11.6. Indemnification
    
    
    98Section 11.7. Obligations Several; No Fiduciary Obligations
    
    
    98Section 11.8. Execution in Counterparts
    
    
    99Section 11.9. Binding Effect; Borrowers Assignment
    
    
    99Section 11.10. Lender Assignments
    
    
    99Section 11.11. Sale of Participations
    
    
    101Section 11.12. Patriot Act Notice
    
    
    102Section 11.13. Severability of Provisions; Captions; Attachments
    
    
    102Section 11.14. Investment Purpose
    
    
    102Section 11.15. Entire Agreement
    
    
    102Section 11.16. Additional Provisions Relating to the Mexican Note
    
    
    103Section 11.17. Confidentiality
    
    
    103Section 11.18. Legal Representation of Parties
    
    
    104Section 11.19. Currency
    
    
    104Section 11.20. Governing Law; Submission to Jurisdiction
    
    
    105ARTICLE XII. ADDITIONAL PROVISIONS RELATING TO THE MEXICAN PROJECT
    
    
    106Section 12.1. Delivery of Certain Documents Relating to the Construction
    
    
    106Section 12.2. Construction Payout Requirements
    
    
    107Section 12.3. Final Disbursement for Construction
    
    
    108Section 12.4. Budget Matters
    
    
    109Section 12.5. Loan-In-Balance
    
    
    110JURY TRIAL WAIVER
    Signature Page 1
 Exhibit A
    
    Form of Revolving Credit NoteExhibit B
    
    Form of Swing Line NoteExhibit C
    
    Form of Term NoteExhibit D
    
    Form of Capex Note
 iv




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TABLE OF CONTENTS
 PageExhibit E
    
    Form of Mexican NoteExhibit F
    
    Form of Notice of LoanExhibit G
    
    Form of Mexican Project Draw RequestExhibit H
    
    Form of Compliance CertificateExhibit I
    
    Form of Assignment and Acceptance AgreementExhibit J
    
    Form of Request for ExtensionExhibit K
    
    Initial BudgetExhibit L
    
    Soft and Hard Cost Requisition FormSchedule 1
    
    Commitments of LendersSchedule 2
    
    Guarantors of PaymentSchedule 2.2
    
    Existing Letters of CreditSchedule 3(a)
    
    Domestic Real PropertySchedule 3(b)
    
    Mexican Real PropertySchedule 4
    
    Pledged NotesSchedule 5
    
    Pledged SecuritiesSchedule 5.8
    
    IndebtednessSchedule 5.9
    
    LiensSchedule 5.11
    
    Permitted Foreign Subsidiary Loans and InvestmentsSchedule 6.1
    
    Corporate Existence; Subsidiaries; Foreign QualificationSchedule 6.4
    
    Litigation and Administrative ProceedingsSchedule 6.5
    
    Real Estate Owned by the CompaniesSchedule 6.9
    
    LocationsSchedule 6.11
    
    Employee Benefits PlansSchedule 6.16
    
    Material AgreementsSchedule 6.17
    
    Intellectual PropertySchedule 6.18
    
    InsuranceSchedule 6.19
    
    Deposit Accounts
 v




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th
  sociedad de responsabilidad
limitada de capital variable
       Definitions




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Leverage Ratio
    
    Applicable Commitment Fee RateGreater than 1.75 to 1.00
    
    12.50 basis pointsLess than or equal to 1.75 to 1.00
    
    7.50 basis points
  2




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Applicable Basis
    
    Applicable Basis
    
    Applicable BasisPoints for Daily
    
    Points for
    
    Points forLeverage Ratio
    
    LIBOR Loans
    
    Eurodollar Loans
    
    Base Rate LoansGreater than 2.25 to 1.00
    
    
    200.00
    
    
    
    200.00
    
    
    
    0.00Less than or equal to
2.25 to 1.00
    
    
    175.00
    
    
    
    175.00
    
    
    
    0.00
  3




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Exhibit I
        4




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Exhibit D
 5




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6




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Schedule 1
    Exhibit H
  7




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8




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9




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th
    10




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Schedule 2
  Schedule 3(a)
  11




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Ley General del Equilibrio Ecológico y la Protección al Ambiente Ley de Aguas Nacionales Ley General para la Prevención y Gestión Integral de los
Residuos Ley General de Salud Reglamento Federal de Seguridad, Higiene y Medio Ambiente en el Trabajo, normas oficiales mexicanas
     12




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et. seq.
      13




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14




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Schedule 2
    Instituto Mexicano de Contadores Públicos Normas de Información Financiera Normas de Información Financiera
publicadas por el Consejo Mexicano para la Investigación y Desarrollo de Normas de Información
Financiera, A.C.
     15




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16




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17




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18




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fideicomiso de
garantía
        19




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Schedule 1
          20




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pagaré Exhibit E
 Schedule 3(b)
 Exhibit G
  Schedule 3(b)
      21




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Exhibit F
  estatutos sociales
      22




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Schedule 5.11
 Schedule 5.11
      Schedule 5.11
  23




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Schedule 5
       24




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Exhibit J
     25




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Exhibit
A
      26




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Exhibit B
 27




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Exhibit C
      28




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Accounting Terms
 Terms Generally
  Amount and Nature of Credit
     29




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Revolving Credit
 Revolving Loans
 Letters of Credit
 Generally
 Request for Letter of Credit
 30




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Commercial Documentary Letters of Credit
 Standby Letters of Credit
 Refunding of Letters of Credit with Revolving Loans
 31




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Participation in Letters of Credit
 Existing Letters of Credit Schedule 2.2
 32




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Swing Loans
 Generally
 Refunding of Swing Loans
 Participation in Swing Loans
 33




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Term Loan
 Capex Commitment
 Capex Draw Loans
 Capex Term Loan
 34




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Mexican Loan Commitment
 Mexican Loan
 Payment Date
    
    Payment AmountJanuary 31, 2010
    
    $
    1,600,000January 31, 2011
    
    $
    1,600,000January 31, 2012
    
    $
    1,600,000January 31, 2013
    
    $
    1,600,000January 31, 2014
    
    $
    1,600,000
  Funded Participation in Mexican Loan
 IDRB Letter of Credit
 Generally
 35




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Funding of IDRB Letter of Credit by the Lenders
 IDRB Letter of Credit Fees
   36




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Reimbursement of IDRB Letter of Credit
 Interest
 Revolving Loans
 Base Rate Loan
 Daily LIBOR Loans
 Swing Loans
 Term Loan
 Base Rate Loan
 Eurodollar Loans
 37




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Capex Draw Loans
 Base Rate Loan
 Eurodollar Loans
 Capex Term Loan
 Base Rate Loan
 Eurodollar Loans
 Mexican Loan
 38




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Additional Interest
   Default Rate
 Limitation on Interest
 Generally
 39




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Foreign Jurisdiction Interest
 Evidence of Indebtedness
 Revolving Loans
 Swing Loans
 Term Loan
 40




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Capex Loans
 Mexican Loan
 Notice of Credit Event; Funding of Loans
 Notice of Credit Event
 Generally
 Capex Loans and Mexican Draw Disbursements
 Funding of Loans
 41




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Conversion and Continuation of Loans
   Minimum Amount for Loans
     Interest Periods
 42




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Payment on Loans and Other Obligations
 Payments Generally
 Payments from Borrowers
 Payments to Lenders
 Timing of Payments
 Prepayment
 Right to Prepay
 43




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Notice of Prepayment
 Minimum Amount
 Commitment and Other Fees; Reduction of Revolving Credit Commitment
 Commitment Fee
 44




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Agent Fee
 Collateral Audit and Appraisal Fees
 Authorization to Debit Account
 Optional Reduction of Revolving Credit Commitment
 Computation of Interest and Fees
 Mandatory Payments
 45




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Revolving Credit Exposure
 Swing Line Exposure
 Capex Draw Exposure
 Mexican Draw Exposure
 Mandatory Prepayments
 Additional Indebtedness
 Sale of Assets
 46




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Additional Equity
 Material Recovery Event
 Application of Mandatory Prepayments
    47




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Liability of Borrowers
 Liability
 Appointment of Administrative Borrower
 Waivers of Each Borrower
 48




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Liability of Foreign Borrowers
 Extension of Commitment
 
 Requirements of Law
      49




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Taxes
   50




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51




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Funding Losses
 Eurodollar Rate or Daily LIBOR Rate Lending Unlawful; Inability to Determine
Rate
  52




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Discretion of Lenders as to Manner of Funding
 Failure of Lender to Obtain Lower Withholding Tax Status Hacienda Ley
del Impuesto Sobre la Renta
 53




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Conditions to Each Credit Event
      Conditions to the First Credit Event
 Notes as Requested
 54




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Guaranties of Payment
 Security Agreements
 Mexican Security Agreements
 Pledge Agreements
 Mexican Stock Pledge Agreements
 Control Agreements
 Domestic Real Estate Matters
 55




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Mexican Real Property Matters
 avis pre-preventivo folio o matricula
mercantile
 copias certificada escritura
pública de hipoteca
 Reimbursement Agreement
 Lien Searches folio mercantil matrícula mercantil
 Officers Certificate, Resolutions, Organizational Documents
 56




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Good Standing and Full Force and Effect Certificates
 Legal Opinion
 Insurance Certificate
 Pro-Forma Projections
 Collateral Audit and Equipment Appraisals
 Advertising Permission Letter
 Agent Fee Letter and Other Fees
 Existing Loan Agreement
 57




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Closing Certificate
 Letter of Direction
 No Material Adverse Change
 Registrations in Mexico
 Miscellaneous
 Post-Closing Conditions
 Landlords Waivers, Mortgagees Waivers and Processors Waivers
 58




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Registrations in Mexico
   Schedule of Values for Mexican Project
 Title Insurance for the Mexican Real Property
  Insurance
 59




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Money Obligations
 Financial Statements and Information
 Quarterly Financials
 Annual Audit Report
 Compliance Certificate
 Management Report
 60




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Pro-Forma Projections
 Shareholder and SEC Documents
 Financial Information of Companies
 Financial Records
 Franchises; Change in Business
   ERISA Pension and Benefit Plan Compliance
  61




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Foreign Pension Plans and Benefit Plans
    62




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Financial Covenants
 Leverage Ratio
 Fixed Charge Coverage Ratio
 Capital Expenditures
 Borrowing
   Schedule 5.8
    63




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Liens
     Schedule 5.9
     64




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Regulations T, U and X
 Investments, Loans and Guaranties
    Schedule 6.1
  65




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Merger and Sale of Assets
        66




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Acquisitions
         Notice
  67




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Restricted Payments
 Environmental Compliance
 Affiliate Transactions
 Use of Proceeds
 68




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Corporate Names and Locations of Collateral
 Lease Rentals
 Subsidiary Guaranties, Security Documents and Pledge of Stock or Other
Ownership Interest
 Domestic Guaranties and Security Documents
 Foreign Subsidiary Guaranties
 69




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Pledge of Stock or Other Ownership Interest
 Perfection or Registration of Interest in Foreign Shares
 Restrictive Agreements
 Other Covenants and Provisions
 70




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Amendment of Organizational Documents
 Fiscal Year of Borrowers
 Banking Relationship
 Spanish Language Translation
 Other Covenants Relating to the Mexican Project
 Construction of Improvements
 Changes in Plans and Specifications
 71




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Inspection by Agent
 Renewal of Insurance
 Payment of Taxes
 72




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Tax and Insurance Escrow Accounts
 Personal Property
 Furnishing Information
 Sign and Publicity
 Management Contracts
 Furnishing Notices
 Construction Contracts
 73




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Correction of Defects
 Hold Disbursements in Trust
 Foundation Survey
 Alterations
 Completion of the Mexican Project
 Further Assurances
  Corporate Existence; Subsidiaries; Foreign Qualification
 74




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Schedule 6.1 Schedule 6.1
 Corporate Authority
 Compliance with Laws and Contracts
     75




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Litigation and Administrative Proceedings Schedule 6.4
 Title to Assets Schedule 6.5
 Liens and Security Interests
 Tax Returns
 76




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Environmental Laws
 Locations Schedule 6.9 Schedule 6.9 Schedule 6.9 Schedule 6.9
 Continued Business
 Employee Benefits Plans
 US Employee Benefit Plans Schedule 6.11
 77




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Foreign Pension Plan and Benefit Plans Schedule
6.11
 Consents or Approvals
 78




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Solvency
 Core Molding
 Core Mexico (incumplimiento generalizado
de obligaciones), Ley de Concursos Mercantiles
 Financial Statements
 Regulations
 Material Agreements Schedule 6.16
 79




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Intellectual Property Schedule
6.17
 Insurance Schedule 6.18
 Deposit Accounts Schedule 6.19 Schedule 6.19
 Accurate and Complete Statements
 Investment Company; Other Restrictions
 Mexican Project
  80




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81




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Defaults
   Payments
 Special Covenants
 Other Covenants
 Representations and Warranties
 82




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Cross Default
 ERISA Default
 Change in Control
 Judgments
   Material Adverse Change
 Security
 83




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Validity of Loan Documents
 Expropriation Default
 Defaults with Respect to the Mexican Project
       84




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Solvency conciliadora sindico
   Optional Defaults
 85




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Automatic Defaults
   Letters of Credit and IDRB Letter of Credit
 Mexican Project
 86




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Offsets
 Equalization Provisions
 87




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Other Remedies
 Application of Proceeds
 Payments Prior to Exercise of Remedies
      Payments Subsequent to Exercise of Remedies
   88




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Appointment and Authorization
 89




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Note Holders
 Consultation With Counsel
 Documents
 Agent and Affiliates
 90




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Knowledge of Default
 Action by Agent
 Release of Collateral or Guarantor of Payment
 Delegation of Duties
 91




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Indemnification of Agent
 Successor Agent
 Fronting Lender
 92




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Swing Line Lender
 Agent May File Proofs of Claim
 No Reliance on Agents Customer Identification Program
 93




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Other Agents
 
 The Guaranty
 Obligations Unconditional
    94




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Reinstatement
 Subrogation
 Remedies
 95




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Instrument for the Payment of Money
 Continuing Guaranty
 Payments
  Lenders Independent Investigation
 No Waiver; Cumulative Remedies
 Amendments, Waivers and Consents
 General Rule
 96




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Exceptions to the General Rule
 Provisions Relating to Special Rights and Duties
 Generally
 Notices
 97




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Costs, Expenses and Taxes
 Indemnification
 Obligations Several; No Fiduciary Obligations
 98




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Execution in Counterparts
 Binding Effect; Borrowers Assignment
 Lender Assignments
 Assignments of Commitments
 Prior Consent Secretaría de
Hacienda y Crédito Público Ley del
Impuesto sobre la Renta
 99




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Minimum Amount
 Assignment Fee
 Assignment Agreement
 Non-U.S. Assignee
 Deliveries by Borrowers
 100




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Effect of Assignment Schedule 1
 Agent to Maintain Register
 Sale of Participations
      101




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Patriot Act Notice
 Severability of Provisions; Captions; Attachments
 Investment Purpose
 Entire Agreement
 102




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Additional Provisions Relating to the Mexican Note
    Confidentiality
 103




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Legal Representation of Parties
 Currency
 Currency Equivalent Generally
 Judgment Currency
 104




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Governing Law; Submission to Jurisdiction
 Governing Law
 Submission to Jurisdiction
 Process Agent
 105




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Delivery of Certain Documents Relating to the Construction
         106




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Construction Payout Requirements
 Applicability of Sections
 Monthly Payouts
 Documents to be Furnished for Each Disbursement
 Exhibit L
        107




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Retainages
 Disbursements for Materials Stored On Site
 Disbursements for Offsite Materials
 Final Disbursement for Construction
 108




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Budget Matters Exhibit K
 109




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Loan-In-Balance
  110




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JURY TRIAL WAIVER
  Address:
    
    800 Manor Park Drive
    
    CORE MOLDING TECHNOLOGIES, INC.Columbus, Ohio 43228Attention: Chief Financial Officer
    
    By: Herman F. Dick Jr. /s/Name: Herman F. Dick Jr.
Title: Chief Financial Officer
and Vice PresidentAddress:
    
    Prolongacion Avenida Uniones 
S.N colonia industrial del norte
Matamoros, Tamaulipas CP 87316
Attn: Plant Manager
    
    CORECOMPOSITES DE MEXICO, S.
DE R.L. DE C.V.
By: Herman F. Dick Jr. /s/
Name: Herman F. Dick Jr.
Title: Attorney in FactAddress:
    
    88 East Broad Street
Columbus, Ohio 43215
Attention: Commercial Bank
    
    KEYBANK NATIONAL ASSOCIATION,
as Agent and as a Lender
By: Roger D. Campbell /s/
Name: Roger D. Campbell
Title: Senior Vice President




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$
    
    Columbus, OhioDecember 9, 2008
  
  sociedad de responsabilidad
limitada de capital variable
    E-1




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CORE MOLDING TECHNOLOGIES, INC.By:Name:Title:
  
 E-2




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$1,000,000
    
    Columbus, OhioDecember 9, 2008
  ONE MILLION AND 00/100  DOLLARS
    
    DOLLARS
  sociedad de responsabilidad
limitada de capital variable
    E-3




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CORE MOLDING TECHNOLOGIES, INC.By:Name:Title:
  
 E-4




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$
    
    Columbus, OhioDecember 9, 2008
  
  sociedad de responsabilidad
limitada de capital variable
    E-5




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JURY TRIAL WAIVER
 CORE MOLDING TECHNOLOGIES, INC.By:Name:Title:
 E-6




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$
    
    Columbus, OhioDecember 9, 2008
  
  sociedad de responsabilidad
limitada de capital variable
    E-7




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CORE MOLDING TECHNOLOGIES, INC.By:Name:Title:
  
 E-8




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##### 



PROMISSORY NOTE
    
    PAGARÉU.S.$8,000,000.00
    
    E.U.A.$8,000,000.00The undersigned, CoreComposites de México, S. de R.L.
de C.V. (the Borrower), by this Promissory Note
hereby unconditionally promises to pay to the order
of KeyBank National Association (the Lender), the
principal sum of U.S.$8,000,000.00 (Eight Million and
00/100 Dollars, in lawful currency of the United
States of America), payable in five (5) annual
successive installments on the dates and for the
amounts specified herein below (each a Payment
Date).
    
    La suscrita, CoreComposites de México, S. de R.L.
de C.V. (el Suscriptor), por este Pagaré
promete incondicionalmente pagar a la orden de
KeyBank National Association (el Acreedor), la
suma principal de E.U.A. $8,000,000.00 (Ocho
Millones de Dólares 00/100, moneda de curso legal
de los Estados Unidos de América), pagadera en
cinco (5) vencimientos anuales sucesivos en las
fechas y por las cantidades que a continuación se
indican (cada una la Fecha de Pago).
 Payment Date of each
    
    Payment Amount
    
    Fecha de Pago de
    
    Suma Principal PagaderaInstallment
    
    (Dollars)
    
    cada abono
    
    (Dólares)January 31, 2010
    
    US$1,600,000.00
    
    31 de enero de 2010
    
    E.U.A.$1,600,000.00January 31, 2011
    
    US$1,600,000.00
    
    31 de enero de 2011
    
    E.U.A.$1,600,000.00January 31, 2012
    
    US$1,600,000.00
    
    31 de enero de 2012
    
    E.U.A.$1,600,000.00January 31, 2013
    
    US$1,600,000.00
    
    31 de enero de 2013
    
    E.U.A.$1,600,000.00January 31, 2014
    
    US$1,600,000.00
    
    31 de enero de 2014
    
    E.U.A.$1,600,000.00
 The Borrower promises to pay interest to the Lender
on each Interest Payment Date (as hereinafter
defined), or the next Business Day (as hereinafter
defined) in the event the Interest Payment Date is
not a Business Day, on the principal amount hereof
outstanding from the date hereof until paid in full,
at an annual rate equal to the LIBOR Rate (as
hereinafter defined) in effect from time to time,
plus (1.897) percentage points; provided that, if the
LIBOR Rate shall be unavailable, this Promissory Note
shall bear interest at an annual rate equal to the
Prime Rate (as hereinafter defined) in effect from
time to time.
    
    El Suscriptor promete pagar al Acreedor por
concepto de intereses en cada Fecha de Pago de
Intereses (según se define más adelante), o el
Día Hábil siguiente (según se define más
adelante) en caso de que la Fecha de Pago de
Intereses sea inhábil, sobre la suma principal de
este Pagaré insoluta, a partir del la fecha de
suscripción de este Pagaré y hasta su pago total,
a razón de una tasa anual que será igual a la
Tasa LIBOR (según se define más adelante) que
esté vigente durante de tiempo en tiempo, más
(1.897) puntos base, en el entendido que si la
Tasa LIBOR no está disponible, este Pagaré
causará intereses a la tasa anual igual a la Tasa
Prime (según se define más adelante) que esté
 E-9




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##### 



vigente de tiempo en tiempo.Notwithstanding the provisions of the preceding
paragraph, in the event that the Borrower shall fail
to pay in full when due any amount of any principal
installment owed by the Borrower hereunder, the
Borrower shall pay, on demand, during the continuance
of such default, interest on the full principal
amount hereof then outstanding, computed at an annual
rate equal three (3) percentage points in excess of
the interest rate applicable thereto.
    
    No obstante lo dispuesto en el párrafo anterior,
en el caso de que el Suscriptor no pague en la
Fecha de Pago la totalidad de cualquier abono de
la suma de principal de este Pagaré que el
Suscriptor deba pagar al Acreedor conforme a este
Pagaré, el Suscriptor pagará, a la vista, durante
la continuación de dicho incumplimiento,
intereses sobre el monto total de la suma de
principal de este Pagaré entonces insoluta,
calculados a razón de una tasa anual que será
igual al resultado de sumar tres (3) puntos base
a la tasa la tase de interés aplicable.Each payment by the Borrower hereunder shall be made
free and clear of, and without deduction for or on
account of, any present or future Taxes (as
hereinafter defined), including Other Taxes (as
hereinafter defined) but excluding Excluded Taxes (as
hereinafter defined). If any such Taxes that are not
Excluded Taxes (Non-Excluded Taxes) are required to
be withheld from any amounts payable to the Lender
hereunder, then (i) the amounts payable to the Lender
shall be increased by such additional amounts (the
Additional Amounts) necessary to yield to the
Lender (after payment of all Non-Excluded Taxes,
Other Taxes and Additional Amounts, including any of
the foregoing levied on Additional Amounts) interest
or any such other amounts payable hereunder at the
rates or in the amounts specified hereunder that the
Lender would have received had no such deduction or
withholding been required, and (ii) the Borrower
shall make the required withholding and pay the full
amount withheld for such Non-Excluded Taxes,
including Other Taxes, to the appropriate taxing
authority in accordance with applicable law.
    
    Cualquier pago que efectúe el Suscriptor de
acuerdo con el presente Pagaré deberá hacerse
libre de, y sin deducción por, o a cuenta de,
cualquier Impuesto (según se define más adelante)
presente o futuro, incluyendo Otros Impuestos
(según se define más adelante), pero excluyendo
Impuestos Excluidos (según se define más
adelante). Si cualquiera de dichos Impuestos que
no sean Impuestos Excluidos (Impuestos No
Excluidos) deban ser retenidos de cualquier
cantidad pagadera al Acreedor conforme a este
Pagaré, entonces (i) las cantidades pagaderas al
Acreedor deberán incrementarse por cantidades
adicionales (las Cantidades Adicionales)
necesarias para entregar al Acreedor (después del
pago de todos los Impuestos No Excluidos, Otros
Impuestos y Cantidades Adicionales) intereses o
cualquier otra cantidad pagadera conforme a este
Pagaré a las tasas o en las cantidades
especificadas en el presente Pagaré que el
Acreedor hubiera recibido si dichos impuestos no
hubieren sido deducidos o retenidos, y (ii) el
Suscriptor hará las retenciones requeridas y
pagará la cantidad retenida por dichos Impuestos
No Excluidos, incluyendo los Otros Impuestos, a
la Autoridad Gubernamental correspondiente
conforme a la ley aplicable.Interest hereunder shall be calculated on the basis
of a three hundred and sixty (360) day year, and paid
for the actual number of days elapsed, including the
first but excluding the last of such days.
    
    Los intereses a que se refiere este Pagare se
calcularán sobre la base de un año de trescientos
sesenta (360) días, y pagadero por el número de
días que efectivamente transcurran, incluyendo el
primero pero excluyendo el último de dichos días.
 E-10




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The principal amount hereof and interest thereon
shall be payable to Lender, no later than 11:00 a.m.
(Cleveland, Ohio, USA time) on the date on which such
payments are due, in Dollars, and in freely
transferable same day or immediately available funds
to the Dollar Account of Lender (as hereinafter
defined).
    
    La suma principal e intereses de este Pagare,
serán pagaderos al Acreedor a más tardar a las
11:00 a.m. horas (hora de la Ciudad de Cleveland,
Estados Unidos de América) en la fecha en que se
deba hacer dicho pago, en Dólares, en fondos
libremente transferibles y disponibles el mismo
día o de inmediato a la Cuenta en Dólares del
Acreedor (según se define más adelante).As used herein, the following terms shall have the
following meanings:
    
    Tal como se utilizan en el presente Pagaré, los
siguientes términos tendrán los significados que
se indican a continuación:Business
Day means any day that is not a Saturday,
a Sunday or another day of the year on which national
banks are authorized or required to close in
Cleveland, Ohio, USA or Mexico City, Mexico.
    
    Día Hábil significa cualquier día que no es ni
sábado o domingo ni día festivo en el que los
bancos estén autorizados u obligados a cerrar en
la ciudad de Cleveland, Ohio, o México, Distrito
Federal.Dollar
Account of Lender means account no. 3057
(Commercial Loans) of Lender maintained at KeyBank
National Association (ABA No. 041001039) (ref:
Corecomposites De Mexico, S. De R.L. De C.V.), or
such other account at such other bank in the United
States of America as the Lender shall specify from
time to time to the Borrower. Any change in the
identity of the Dollar Account of Lender shall be
effective on the second Business Day following notice
thereof by Lender to the Borrower and the Lender.
    
    Cuenta en Dólares del
Acreedor significa la
cuenta no. 3057 (Commercial Loans) del Acreedor
que mantenga con KeyBank National Association
(ABA No. 041001039) (ref: Corecomposites De
Mexico, S. De R.L. De C.V.), o cualquier otra
cuenta en cualquier otro banco en los Estados
Unidos de América según sea especificado de
tiempo en tiempo al Suscriptor por el Acreedor.
Cualquier cambio en la identidad de la Cuenta en
Dólares del Acreedor surtirá efectos el segundo
Día Hábil siguiente al aviso dado por el Acreedor
al Suscriptor.Excluded
Taxes means, in the case of Lender, taxes
imposed on or measured by its overall net income or
branch profits, and franchise taxes imposed on it (in
lieu of net income taxes), by the jurisdiction (or
any political subdivision thereof) under the laws of
which Lender is organized or in which its principal
office is located.
    
    Impuestos Excluidos significa, respecto del
Acreedor cualquier impuesto sobre el ingreso
global neto o sobre el ingreso de una sucursal, o
impuestos sobre ingreso neto de las actividades
en cierta jurisdicción o sobre el capital en esa
jurisdicción (en sustitución al impuesto sobre la
renta), de conformidad con las leyes de la
jurisdicción (o subdivisión política de la misma)
bajo la cual se encuentra organizado o tenga su
principal asiento de negocios.Governmental
Authority means the government of the
United States of America or of the Unites Mexican
States, or any other nation or any political
subdivision thereof, whether state or local, and any
agency, authority, instrumentality, regulatory body,
court, central bank or other person exercising
executive, legislative, judicial, taxing, regulatory
or administrative powers or
    
    Autoridad Gubernamental significa el gobierno
de los Estados Unidos de América o de los Estados
Unidos Méxicanos, cualquier otra nación o
subdivisión política de ésta, ya sea estatal o
municipal, y cualquier agencia, autoridad, órgano
regulador, banco central u otra persona
ejerciendo facultades o funciones ejecutivas,
legislativas, judiciales, impositivas,
 E-11




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functions of or pertaining to government.
    
    regulatorias o administrativas de o
pertenecientes al gobierno.Interest
Payment Date means the first day of each
calendar month, providing that (i) the first Interest
Payment Date shall be on the first day of the
immediately following calendar month from the date
hereof, and (ii) any Interest Payment Date that would
otherwise extend beyond the Payment Date shall end on
the stated Payment Date.
    
    Fecha de Pago de
Intereses significa el primer
día de cada mes calendario; en el entendido de
que (i) la primer Fecha de Pago de Intereses será
el primer día del mes calendario inmediato
siguiente a la fecha de este pagaré, y (ii)
cualquier Fecha de Pago de Intereses que se
extienda a una fecha posterior a la Fecha de Pago
terminará en la Fecha de Pago.LIBOR
Rate means, for any date, the greater of (i)
the per annum rate of interest published by Bloomberg
(as shown on the display page designated as Telerate
British Bankers Assoc. Interest Settlement Rates
Page) at approximately 11:00 A.M. (London time) two
Business Days prior to such date as the rate in the
London interbank market for Dollar deposits in
immediately available funds in an amount comparable
to the principal outstanding of this Promissory Note
and with a maturity of one day; or (ii) a per annum
rate of 1% (one percent).
    
    Tasa LIBOR Diaria significa, respecto de
cualquier fecha, lo que resulte mayor de (i) una
tasa de interés anual que se publica en Bloomberg
(como aparece desplegado en la página denominada
por sus siglas en inglés Telerate British
Bankers Assoc. Interest Settlement Rates Page o
Página Telerate de Liquidación de Tasas de
Interés de la Asociación de Banqueros Británicos)
aproximadamente a las 11:00 a.m. (hora de
Londres), dos Días Hábiles previos a dicha fecha,
como la tasa de interés en el mercado
interbancario de Londres para depósitos en
Dólares en fondos inmediatamente disponibles en
cantidad similares al importe principal insoluto
de este Pagaré y con vencimiento de un día; o
(ii) una tasa de interés anual de 1% (uno por
ciento).Other
Taxes means any and all present or future
stamp or documentary taxes or any other excise, ad
valorem or property taxes, goods and services taxes,
harmonized sales taxes and other sales taxes, use
taxes, value added taxes, charges or similar taxes or
levies arising from any payment made hereunder or
from the execution, delivery or enforcement of, or
otherwise with respect to, this Promissory Note.
    
    Otros Impuestos significa cualquier impuesto
presente o futuro de estampilla o sobre actos
jurídicos, o cualquier otro impuesto por compra
de bienes, al valor agregado o propiedad, al
consumo, bienes o servicios, impuestos estatales
y otros impuestos sobre ventas, por uso, valor
agregado, contribuciones o impuestos similares
que deriven de o a cuenta de cualquier pago
realizado o requerido conforme al presente Pagaré
o por la suscripción, entrega o ejecución de este
Pagaré.Prime
Rate means the interest rate publicly
announced from time to time by the Wall Street
Journal as its prime rate. Each change in the Prime
Rate shall be effective immediately from and after
such change.
    
    Tasa Prime significa la tasa de interés que de
tiempo en tiempo se publica como Tasa Prime en el
Wall Street Journal. Cualquier cambio en la Tasa
Prime será efectivo de manera inmediata a dicho
cambio.Taxes means any and all present or future taxes of
any kind, including but not limited to, levies,
imposts, duties, surtaxes, charges, fees, deductions
or withholdings now
    
    Impuestos significa todos los impuestos
presentes o futuros de cualquier tipo, incluyendo
sin limitar, contribuciones, derechos, aranceles, por omisión de
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or hereafter imposed, levied,
collected, withheld or assessed by any Governmental
Authority (together with any interest, penalties,
fines, additions to taxes or similar liabilities with
respect thereto) other than Excluded Taxes.
    
    pagos, cargas, derechos,
deducciones, retenciones que actualmente o
posteriormente se establezcan, impongan, cobren,
retenga o graven por cualquier Autoridad
Gubernamental (incluyendo sus intereses, penas,
multas, actualizaciones y recargos o
responsabilidades fiscales similares) distintos a
Impuestos Excluidos.This Promissory Note shall be governed by and
construed in accordance with the law of the United
Mexican States.
    
    Este Pagaré será regido e interpretado de
conformidad con la legislación de los Estados
Unidos Mexicanos.The Borrower hereby waives presentment, demand,
protest and notice of any kind in connection with
this Promissory Note.
    
    El Suscriptor renuncia a la presentación,
demanda, protesto y notificación de cualquier
clase, en relación con el presente Pagaré.This Promissory Note is executed in both the English
and Spanish languages, both versions of which shall
bind the Borrower; provided, however, that in the
event of any doubt as to the proper interpretation or
construction of this Promissory Note, the Spanish
version shall be controlling in all instances.
    
    Este Pagaré es firmado en versiones en inglés y
español y ambas versiones obligan al Suscriptor;
en el entendido, sin embargo, que en el caso de
cualquier duda sobre la interpretación de este
Pagaré, la versión en español será la que
prevalezca en todos los casos.The Borrower hereby extends the expiry of the period
for presentment of this Promissory Note through the
second anniversary from January 31, 2014; provided,
however, that such extension does not preclude
presentment of this Promissory Note at an earlier
date.
    
    El Suscriptor amplía el plazo para la
presentación de este Pagaré hasta el segundo
aniversario posterior al trigésimo primero de
enero de 2014; en el entendido de que dicha
prórroga no impide que este Pagaré pueda ser
presentado para su pago en fecha anterior.This Promissory Note consists of five (5) pages.
    
    Este Pagaré consiste de cinco (5) páginas.Made in Cleveland, Ohio, on December 9, 2008.
    
    Se suscribe en Cleveland, Ohio, a 9 de diciembre
de 2008.
 
 
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sociedad de responsabilidad limitada de capital
variable
 (a)
    
    The Borrower requesting the [Proposed Loan][[Capex][Mexican] Term Loan Interest
Change] is .(b)
    
    The [Proposed Loan is to be][[Capex][Mexican] Term Loan Interest Change] is
for]:a Revolving Loan  / a Capex Loan  /a Mexican Loan . (Check one.)(c)
    
    The Business Day of the [Proposed Loan][[Capex][Mexican] Term Loan Interest
Change] is , 20_.(d)
    
    The amount of the [Proposed Loan][[Capex][Mexican] Term Loan Interest
Change] is $.(e)
    
    The Proposed Loan is to be a:Base Rate Loan  / Eurodollar Loan  / Swing Loan. (Check one.)
  E-14




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CORE MOLDING TECHNOLOGIES, INC.By:Name:Title:
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sociedad de responsabilidad limitada de capital
variable
        E-16




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CORE MOLDING TECHNOLOGIES, INC.By:Name:Title:
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sociedad de responsabilidad limitada de capital variable
 Schedule 1
    
 CORE MOLDING TECHNOLOGIES, INC.By:Name:Title:
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Preliminary Statement sociedad de responsabilidad limitada de capital
variable Schedule 1
 Assignment and Assumption Annex 1 Annex 1 Annex 1
 Assignment Effective Date
 Annex 1
  E-19




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Payment Obligations
 Credit Determination; Limitations on Assignors Liability
 E-20




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Indemnity
 Subsequent Assignments
 Reductions of Aggregate Amount of Commitments
 Acceptance of Agent; Notice by Assignor
 Entire Agreement
 Governing Law
 Notices
 Counterparts
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Address:
    
    
    
    
    
    
    
    ASSIGNOR:Attn:
    
    
    
    
    
    By:Phone:
    
    
    
    
    
    Name:Fax:
    
    
    
    
    
    Title:Address:
    
    
    
    
    
    
    
    ASSIGNEE:Attn:
    
    
    
    
    
    By:Phone:
    
    
    
    
    
    Name:Fax:
    
    
    
    
    
    Title:Accepted and Consented to this
day of
, 20__:
    
    Accepted and Consented to this  day
of , 20__:KEYBANK NATIONAL ASSOCIATION, 
as Agent
    
    CORE MOLDING TECHNOLOGIES, INC.By:
    
    
    
    
    
    
    
    By:Name:
    
    
    
    
    
    
    
    Name:Title:
    
    
    
    
    
    
    
    Title:
 E-23




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I.
    
    INTEREST BEING ASSIGNED TO ASSIGNEEA.
    
    Assigned Percentage
    
    %B.
    
    Assigned Amount
    
    $II.
    
    ASSIGNEES COMMITMENT (as of the Assignment Effective Date)A.
    
    Assignees Commitment Percentage
under the Credit Agreement
    
    %B.
    
    Assignees Commitment Amount under
the Credit Agreement
    
    $III.
    
    ASSIGNORS COMMITMENT (as of the Assignment Effective Date)A.
    
    Assignors Commitment Percentage
under the Credit Agreement
    
    %B.
    
    Assignors Commitment Amount
under the Credit Agreement
    
    $
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sociedad de responsabilidad limitada de capital variable
 
  Very truly yours,CORE MOLDING TECHNOLOGIES, INC.By:Name:Title:
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E-26




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Estimated
    
    
    Change
    
    
    RevisedDescription
    
    
    
    
    
    Amount
    
    
    Order
    
    
    AmountProperty-Land Surface Area 90,904.11 M2
    
    
    1
    
    
    $
    2,727,089
    
    
    
    
    
    
    $
    2,727,089Land registration
    
    
    2
    
    
    $
    99,000
    
    
    $
    18,430
    
    
    $
    117,430Main Building Cost
    
    
    3
    
    
    $
    11,650,312
    
    
    
    
    
    
    $
    11,650,312Exterior Building
    
    
    4
    
    
    $
    146,258
    
    
    
    
    
    
    $
    146,258Fire Suppression
    
    
    5
    
    
    $
    907,795
    
    
    
    
    
    
    $
    907,795Press Pits
    
    
    6
    
    
    $
    133,000
    
    
    
    
    
    
    $
    133,000Total
    
    
    
    
    
    $
    15,663,453
    
    
    $
    18,430
    
    
    $
    15,681,883Escala Contract
    
    
    7
    
    
    $
    250,400
    
    
    
    
    
    
    $
    250,400Gaffney 4 Presses (2500 Ton, 3-1500 Ton)
    
    
    8
    
    
    $
    750,000
    
    
    $
    361,000
    
    
    $
    1,111,000Columbus 1 Press (500 Ton)
    
    
    9
    
    
    $
    120,000
    
    
    
    
    
    
    $
    120,000Press Installation & Startup & Parts
    
    
    10
    
    
    $
    30,000
    
    
    
    
    
    
    $
    30,000Total
    
    
    
    
    
    $
    900,000
    
    
    $
    361,000
    
    
    $
    1,261,000Movement, Installation, Startup, and Parts
    
    
    11
    
    
    $
    20,000
    
    
    
    
    
    
    $
    20,000Boilers and Installation
    
    
    12
    
    
    $
    200,000
    
    
    
    
    
    
    $
    200,000Steam Distribution
    
    
    13
    
    
    $
    100,000
    
    
    
    
    
    
    $
    100,000Electrical Service and Distribution
    
    
    14
    
    
    $
    150,000
    
    
    
    
    
    
    $
    150,000Air Compressors and Installation
    
    
    15
    
    
    $
    200,000
    
    
    
    
    
    
    $
    200,000Compressed Air Distribution System
    
    
    16
    
    
    $
    100,000
    
    
    
    
    
    
    $
    100,000Purchase of Contracts and Hook up Charges
    
    
    17
    
    
    $
    510,000
    
    
    
    
    
    
    $
    510,000Total
    
    
    
    
    
    $
    1,260,000
    
    
    $
    
    
    
    $
    1,260,000Cooling Tower and Distribution
    
    
    18
    
    
    $
    100,000
    
    
    
    
    
    
    $
    100,00060 Ton Crane and Installation
    
    
    19
    
    
    $
    167,000
    
    
    
    
    
    
    $
    167,000Die Cart
    
    
    20
    
    
    $
    225,000
    
    
    
    
    
    
    $
    225,000Misc. Equipment (Film Stripper, Tables,
Scales, etc.)
    
    
    21
    
    
    $
    50,000
    
    
    
    
    
    
    $
    50,000Mold Change and Maint Tooling
    
    
    22
    
    
    $
    50,000
    
    
    
    
    
    
    $
    50,000IMC mix system
    
    
    23
    
    
    $
    50,000
    
    
    
    
    
    
    $
    50,000Total
    
    
    
    
    
    $
    642,000
    
    
    $
    
    
    
    $
    642,000Transportation
    
    
    24
    
    
    $
    14,000
    
    
    
    
    
    
    $
    14,000Specialized Equipment
    
    
    25
    
    
    $
    39,000
    
    
    
    
    
    
    $
    39,000Manpower and Marley Relocation
    
    
    26
    
    
    $
    164,000
    
    
    
    
    
    
    $
    164,000Air Fittings, Air lines
    
    
    27
    
    
    $
    35,000
    
    
    
    
    
    
    $
    35,000Electrical
    
    
    28
    
    
    $
    25,000
    
    
    
    
    
    
    $
    25,000Plumbing
    
    
    29
    
    
    $
    20,000
    
    
    
    
    
    
    $
    20,000Hoist and Crane rail materials
    
    
    30
    
    
    $
    25,000
    
    
    
    
    
    
    $
    25,000New Booth Materials
    
    
    31
    
    
    $
    100,000
    
    
    
    
    
    
    $
    100,000Welding Equipment
    
    
    32
    
    
    $
    10,000
    
    
    
    
    
    
    $
    10,000Air Line Installation (Total)
    
    
    33
    
    
    $
    125,000
    
    
    
    
    
    
    $
    125,000Oven Relocation and Gas Installation
    
    
    35
    
    
    $
    75,000
    
    
    
    
    
    
    $
    75,000Water Lines for Marley
    
    
    36
    
    
    $
    20,000
    
    
    
    
    
    
    $
    20,000Purchase of New Bulk Resin Tanks
    
    
    37
    
    
    $
    100,000
    
    
    
    
    
    
    $
    100,000Contingency
    
    
    39
    
    
    $
    82,147
    
    
    $
    (82,147
    )
    
    $
    Total
    
    
    
    
    
    $
    834,147
    
    
    $
    (82,147
    )
    
    $
    752,000IT Equipment
    
    
    40
    
    
    $
    100,000
    
    
    
    
    
    
    $
    100,000CMM Equipment
    
    
    41
    
    
    $
    100,000
    
    
    
    
    
    
    $
    100,000Landscaping
    
    
    42
    
    
    $
    25,000
    
    
    
    
    
    
    $
    25,000Attorney Fees
    
    
    46
    
    
    $
    75,000
    
    
    
    
    
    
    $
    75,000Misc. Expenses
    
    
    47
    
    
    $
    330,000
    
    
    
    
    
    
    $
    330,000Total
    
    
    
    
    
    $
    630,000
    
    
    $
    
    
    
    $
    630,000TOTAL BUDGET AMOUNT
    
    
    
    
    
    $
    20,200,000
    
    
    $
    297,283
    
    
    $
    20,497,283




---



##### 



E-27




---



##### 



SOFT AND HARD COST REQUISITION
 Borrower:
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Date:Project:
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Requisition:Scheduled
    
    
    
    
    
    
    Revised
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Balance toValue
    
    
    
    
    
    
    Value
    
    
    
    
    
    KeyBank
    
    
    Previous
    
    
    This
    
    
    Total Completed
    
    
    Percent
    
    
    Finish +Item No.
    
    Item Description
    
    (Budget)
    
    
    Adjustments
    
    
    (Budget)
    
    
    Borrowers Equity
    
    
    Loan
    
    
    Applications
    
    
    Application
    
    
    & Drawn to Date
    
    
    Complete
    
    
    RetainageA
    
    B
    
    C
    
    
    D
    
    
    E
    
    
    F
    
    
    G
    
    
    H
    
    
    I
    
    
    J
    
    
    K
    
    
    L[C + D]
    
    
    
    
    
    
    
    
    
    
    [J Prev. Draw]
    
    
    
    
    
    
    [H + I]
    
    
    [J / E]
    
    
    [E - J]USES
    
    Soft Costs:Land & Existing Bldg
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Permits
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Architect
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Engineer
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Builders Risk Ins.
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Legal/Attorney/Accountant
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Surveys
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Title Exam/Insurance
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Title Mechanic Lien Updates
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Flood Determination
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Appraisal Fee
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Progress Insp Fee
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Pre Const Cost Ana
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Annual Commitment Fee
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Origination Fee
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Subtotal
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Hard Costs:Bldg & Sitework
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Inspections
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Construction
Manager
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Rough
Grade
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Utilities
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Stone, Paving Curb & Sidew
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00landscaping
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Foundations
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Slabs
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Structural (steel)
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Erection
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00FRP Girts & Purlins
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00FRP Panels
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Misc. Steel
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Masonry
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Doors & Storefront
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00HVAC
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Plumbing
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Electrical
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Office finishings
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Sprinklers
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Crane Rail
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Galvanizing of Steel
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Shipping
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Misc.
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Subtotal
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Purchase and Install
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00CM, Engineering, Supr., Draw
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Kettle
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Furnace
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Process Tanks
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Process Heating
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Baghouse
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Coils
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Ventilation
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Conveyor
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Heat Exchanger
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Air compressors and install
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Cranes
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Scale
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Miscellaneous
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Furnishings Phones, Comp
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Subtotal
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00TOTAL USES
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00SOURCES
    
    KeyBank Loan
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Borrowers Equity (Front)
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Other Sources of Funds
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00Other Sources of Funds
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00TOTAL SOURCES
    
    
    
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    
    
    
    
    0.00




---



##### 



Schedule 1
 KeyBank NationalLENDERS
    
    AssociationCOMMITMENT PERCENTAGE
    
    
    100
    %REVOLVING CREDIT COMMITMENT
AMOUNT
    
    $
    8,000,000.00TERM LOAN COMMITMENT
AMOUNT
    
    $
    2,678,563.00CAPEX COMMITMENT AMOUNT
    
    $
    12,000,000.00MEXICAN LOAN COMMITMENT
AMOUNT
    
    $
    8,000,000.00IDRB LETTER OF CREDIT
COMMITMENT AMOUNT
    
    $
    3,332,493.15MAXIMUM AMOUNT
    
    $
    34,011,056.15Total Commitment Amount
    
    $
    34,011,056.15




---



##### 



Schedule 2
 Guarantors of Payment
 Domestic Guarantors of Payment:
 1.
    
    Core Automotive Technologies LLC, a Delaware limited liability company2.
    
    Core Composites Cincinnati, LLC, a Delaware limited liability company3.
    
    Core Composites Corporation, a Delaware corporation
 Foreign Guarantors of Payment:




---



##### 



Schedule 2.2
 Existing Letters of Credit




---



##### 



Schedule 3(a)
 Domestic Real Property
 Core Molding Technologies, Inc.
 
 Core Automotive Technologies LLC:
  Core Composites Cincinnati, LLC:
  Core Composites Corporation:




---



##### 



Schedule 3(b)
 Mexican Real Property
 Corecomposites de Mexico, S. de R.L. de C.V.:




---



##### 



Schedule 4
 Pledged Notes




---



##### 



Schedule 5
 Pledged Securities
 Number of Shares
    
    Certificate
    
    Ownership
    
    
    Percentage ofHolder
    
    Issuer
    
    Owned and Class
    
    No.
    
    Percentage
    
    
    Ownership PledgedCore Molding Technologies, Inc.
    
    Core Composites Corporation
    
    1,000 common stock
    
    1
    
    
    100
    %
    
    
    100
    %Core Molding Technologies, Inc.
    
    Core Composites Cincinnati, LLC
    
    N/A
    
    N/A
    
    
    100
    %
    
    
    100
    %Core Molding Technologies, Inc.
    
    Core Automotive Technologies LLC
    
    N/A
    
    N/A
    
    
    100
    %
    
    
    100
    %Core Composites Corporation
    
    Corecomposites de Mexico, S. de R.L. de C.V.1
    
    Class I Equity Interests
    
    N/A
    
    
    95
    %
    
    
    65
    %Class II Equity Interests, Series A2Class II Equity Interests, Series B
 
 1
    
    All shares issued are voting shares.2
    
    Only the Class II Equity Interests, Series A constitute Pledged Securities.




---



##### 



Schedule 5.8
 Indebtedness
 Revolving line of
    
    
    Letter of Credit
    
    
    Interest rate
    
    
    Interest rateDebt name
    
    IDRB Debt
    
    
    credit
    
    
    for IRB
    
    
    swap Key Term
    
    
    swap IRDBDebtor
    
    For all will be Core molding and subsidiariesCreditor
    
    IRDB
    
    
    KeyBank
    
    
    KeyBank
    
    
    KeyBank
    
    
    KeyBank11/30/08 balance
    
    
    3,235,000
    
    
    
    7,290,821
    
    
    
    3,332,493
    
    
    
    18,568
    *
    
    
    232,485
    *interest rate
    
    75% of Commercial paper rate
    
    
    libor + 200
    
    
    annual fee
    
    
    fix term debt to 5.75
    %
    
    fix IRB debt to 4.89
    %monthly/quarterly pmt
    
    scheduled qtrly pmts5 year payments:2009
    
    
    620,0002010
    
    
    675,0002011
    
    
    730,0002012
    
    
    790,0002013
    
    
    420,000ThereafterTotal
    
    
    3,235,000
 *
    
    - represents the mark to market value of the interest rate swap at last valuation on September
30, 2008.




---



##### 



Schedule 5.9
 Liens
 Debtor
    
    Secured Party
    
    Filing Office
    
    Filing Information
    
    CollateralCore Molding Technologies, Inc.
    
    KeyBank National Association
    
    Delaware Secretary of State
    
    21942147 07/15/2002
    
    All assetsCore Molding Technologies, Inc.
    
    KeyBank National Association
    
    Delaware Secretary of State
    
    40069783 01/09/2004
    
    All assetsCore Molding Technologies, Inc.
    
    Toyota Motor Credit Corporation
    
    Delaware Secretary of State
    
    42043125 07/21/2004
    
    Specific leased equipment (forklifts)Core Molding Technologies, Inc.
    
    Toyota Motor Credit Corporation
    
    Delaware Secretary of State
    
    2007 0398585 01/31/2007
    
    Specific equipment (Genie Scissor Liftmodel)Core Automotive Technologies LLC
    
    KeyBank National Association
    
    Delaware Secretary of State
    
    2008 0077402 01/08/2008
    
    All assetsCore Composites Cincinnati, LLC
    
    KeyBank National Association
    
    Delaware Secretary of State
    
    2008 0077683 01/08/2008
    
    All assetsCore Composites Corporation
    
    KeyBank National Association
    
    Delaware Secretary of State
    
    40069767 01/0/2004
    
    All assetsCore Composites Corporation
    
    KeyBank National Association
    
    Delaware Secretary of State
    
    62216455 06/26/2006
    
    All assetsCore Composites Corporation
    
    CG Automation & Fixture, Inc.
    
    Delaware Secretary of State
    
    2008 2674347*08/05/2008
    
    Specific equipment and molds (final assembly check fixture)
 *
    
    The underlying obligations with respect to these financing statements no longer exist.
The applicable Debtor is in the process of obtaining termination statements for such filings.




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##### 



Schedule 5.11
 Permitted Foreign Subsidiary Loans and Investments
 Class I EquityInterests
    
    
    Class II Equity Interests(Value in Mexican
    
    
    (Value in Mexican Pesos)Partner
    
    Issuer
    
    
    Pesos)
    
    
    Series A
    
    
    Series B
    
    
    Total CapitalCore Composites
    
    Corecomposites de
    
    
    1
    
    
    
    1
    
    
    
    1Corporation
    
    Mexico, S. de R.L.
    
    P$
    (5,700.00
    )
    
    P$
    (45,400,869.80
    )
    
    P$
    (20,948,547.60
    )
    
    P$
    66,354,334.40de C.V.Core Molding
    
    Corecomposites de
    
    
    1
    
    
    
    1
    
    
    
    Technologies, Inc.
    
    Mexico, S. de R.L.
    
    P$
    (300.00
    )
    
    P$
    (3,492,074.60
    )
    
    
    
    
    
    P$
    3,492,374.60de C.V.Total:
    
    
    
    
    
    
    2
    
    
    
    2
    
    
    
    1P$
    (6,000.00
    )
    
    P$
    (48,892,944.40
    )
    
    P$
    (20,948,547.60
    )
    
    P$
    69,847,492.00




---



##### 



Schedule 6.1
 Corporate Existence; Subsidiaries; Foreign Qualification
 Jurisdiction ofCompany
    
    Organization
    
    Foreign QualificationsCore Molding Technologies, Inc.
    
    Delaware
    
    South Carolina OhioCore Composites Corporation
    
    Delaware
    
    TexasCore Composites Cincinnati, LLC
    
    Delaware
    
    OhioCore Automotive Technologies LLC
    
    Delaware
    
    NoneCorecomposites de Mexico, S. de R.L. de C.V.
    
    Mexico
    
    None




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##### 



Chief Executive OfficeDormant
    
    
    and Principal Place ofSubsidiary of Borrower
    
    Subsidiary
    
    
    Business
    
    
    Equity Owner
    
    
    Percentage of OwnershipCore Composites Corporation
    
    No
    
    
    800 Manor Park Drive Columbus, Ohio 43228
    
    
    Core Molding Technologies, Inc.
    
    
    
    100
    %Core Composites Cincinnati, LLC
    
    No
    
    800 Manor Park Drive Columbus, Ohio 43228
    
    Core Molding Technologies, Inc.
    
    
    100
    %Core Automotive Technologies LLC
    
    No
    
    800 Manor Park Drive Columbus, Ohio 43228
    
    Core Molding Technologies, Inc.
    
    
    100
    %Corecomposites de Mexico, S. de R.L. de C.V.
    
    No
    
    Prolongacion Avenida Uniones
    
    Core Molding Technologies, Inc.
    
    
    5
    %S/N colonia industrial del norte Matamoros Tamaulipas CP 873163
    
    
    Core Composites Corporation
    
    
    
    95
    %
 
 3
    
    On or about May 31, 2009, the chief executive office
and principal place of business of Corecomposites de Mexico, S. de R.L. de C.V.
will be located at Clave Catastral/Plat number 22-11-02-818-001, Manzana/Block
6, Lote/Lot 1, Parque Industrial/Industrial Park La Ventana Ave. Guillermo
González Camarena, Matamoros, Tamaulipas.




---



##### 



Schedule 6.4
 Litigation and Administrative Proceedings




---



##### 



Schedule 6.5
 Real Estate Owned by the Companies




---



##### 



Schedule 6.9
 Locations
 Chief Executive Offices:
 Credit Party
    
    Location of Chief Executive OfficeCore Molding Technologies, Inc.
    
    800 Manor Park Drive
Columbus, Ohio 43228Core Composites Corporation
    
    800 Manor Park Drive
Columbus, Ohio 43228Core Composites Cincinnati, LLC
    
    800 Manor Park Drive
Columbus, Ohio 43228Core Automotive Technologies LLC
    
    800 Manor Park Drive
Columbus, Ohio 43228Corecomposites de Mexico, S. de R.L. de C.V.
    
    Prolongacion Avenida Uniones
S/N colonia industrial del norte Matamoros Tamaulipas CP 87316
On or about April 1, 2009, the chief executive office will be located at:
Clave Catastral/Plat number 22-11-02-818-001
Manzana/Block 6, Lote/Lot 1
Parque Industrial/Industrial Park La Ventana
Ave. Guillermo González Camarena
Matamoros, Tamaulipas




---



##### 



Owned and Leased Locations:
 LandlordsWaiverCredit Party
    
    Location
    
    Owned/Leased
    
    RequestedCore Molding Technologies, Inc.
    
    800 Manor Park Drive
Columbus, Ohio 43228
    
    Owned
    
    N/ACore Molding Technologies, Inc.
    
    24 Commerce Drive
Meadow Creek Industrial Park
Gaffney, South Carolina
    
    Owns leasehold interest pursuant to IDRB Documents
    
    N/ACorecomposites de Mexico, S. de R.L. de C.V.
    
    Clave Catastral/Plat number 22-11-02-818-001
Manzana/Block 6, Lote/Lot 1
Parque Industrial/Industrial Park La Ventana
Ave. Guillermo González Camarena 
Matamoros, Tamaulipas
    
    Owned
    
    N/ACore Composites Corporation
    
    1385 Cheers Blvd. 
Brownsville, Texas 78521
    
    Leased
    
    YesCore Composites Cincinnati, LLC
    
    4174 Half Acre Road
Batavia, Ohio 45103
    
    Leased
    
    YesCore Molding Technologies, Inc.
    
    4338 Janitrol Road
Columbus Ohio 43228
    
    Leased
    
    YesCore Molding Technologies, Inc.
    
    1177 Joyce Avenue, Building C
Columbus, Ohio 43218
    
    Leased
    
    No*Corecomposites de Mexico, S. de R.L. de C.V.
    
    Prolongacion Avenida Uniones
S/N colonia industrial del norte Matamoros Tamaulipas CP 87316
    
    Leased
    
    No
 *
    
    Storage for excess customer fixtures and old equipment; all equipment is fully
depreciated. Other Locations:
 Credit Party
    
    LocationCore Molding Technologies, Inc.
    
    Bells Custom Conversions, 428 N. First St., Garland Texas 75040**Core Molding Technologies, Inc.
    
    Carolina Customs Finishing, 2115 N. Fayetteville St., Asheboro NC 27203**Core Molding Technologies, Inc.
    
    Composite Molding Systems, 2251 E. Front Street, Logan, Ohio 43138
 **
    
    No inventory is stored at such locations; products are sent to such locations for painting prior
to shipment to end customer.




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##### 



Schedule 6.11
 Employee Benefits Plans
 Cincinnati, Ohio
  Columbus, Ohio
 Non-Represented Employees
  Tier 1 Represented Employees




---



##### 



Tier 2 Represented Employees
  Gaffney, South Carolina
  Matamoros, Mexico
 Salary




---



##### 



Hourly
 Tier 1
  Tier 2




---



##### 



Schedule 6.16
 Material Agreements
 
    
    Lease, dated as of August 1, 2005, among Core Composites Cincinnati, LLC, as tenant, and
Diversified Glass, Inc., as landlord, with respect to the location at 4174 Half Acre Road,
Batavia, Ohio 45103 leased by Core Composites Cincinnati, LLC
 
    
    Amended and Restated Executive Severance Agreement, dated as of December 31, 2007, between
Core Molding Technologies, Inc., and Kevin L. Barnett.
 
    
    Amended and Restated Executive Severance Agreement, dated as of December 31, 2007, between
Core Molding Technologies, Inc., and Herman F. Dick, Jr.
 
    
    Amended and Restated Executive Severance Agreement, dated as of December 31, 2007, between
Core Molding Technologies, Inc., and Stephen J. Klestinec.
 
    
    Collective bargaining agreement dated as of August 4, 2007, between Core Molding
Technologies, Inc. and Scioto Lodge No. 1471, District No. 34, of the International
Association of Machinists and Aerospace Workers, AFL-CIO covering the unit located at 800
Manor Park Drive, Columbus, Ohio
 
    
    Collective bargaining agreement with Sindicato de Jorneleros y Obreros (Corecomposites de
Mexico, S. de R.L. de C.V.)




---



##### 



Schedule 6.17
 Intellectual Property




---



##### 



Schedule 6.18
 Insurance
 Carrier
    
    Coverage
    
    
    
    LimitLiberty
    
    Workers Comp  Liberty
    
    
    
    $
    1,000,000Liberty
    
    Gen Liability  Liberty
    
    
    
    $
    2,000,000Liberty
    
    Auto  Liberty
    
    
    
    $
    1,000,000Liberty
    
    Umbrella  Liberty
    
    Primary
    
    $
    25,000,000Helsman
    
    Excess Umbrella  Hellsman
    
    Excess
    
    $
    10,000,000Wells Fargo
    
    Excess WC  Safety National
    
    
    
    $
    1,000,000Wells Fargo
    
    Property  Factory Mutual
    
    
    
    $
    252,940,000Wells Fargo
    
    Foreign Liab  ACE Insurance
    
    
    
    $
    1,000,000Wells Fargo
    
    EPL  Travelers
    
    
    
    $
    3,000,000Wells Fargo
    
    D&O  Chubb
    
    Primary
    
    $
    5,000,000Wells Fargo
    
    D&O  Liberty
    
    Excess
    
    $
    5,000,000Wells Fargo
    
    D&O  Chubb
    
    Foreign
    
    $
    1,000,000Wells Fargo
    
    Fiduciary  Chubb
    
    
    
    $
    1,000,000Wells Fargo
    
    Crime  Chubb
    
    
    
    $
    1,000,000




---



##### 



Schedule 6.19
 Deposit Accounts
 Credit Party
    
    Depositary Bank
    
    Account Number
    
    DescriptionCore Automotive Technologies LLC
    
    KeyBank National Association
    
    XXXX
    
    Core Automotive operating accountCore Composites Cincinnati, LLC
    
    KeyBank National Association
    
    XXXX
    
    Core Composites Cincinnati operating accountCore Composites Corporation
    
    KeyBank National Association
    
    XXXX
    
    Core Composites Corporation operating accountCore Molding Technologies, Inc.
    
    KeyBank National Association
    
    XXXX
    
    Core Molding Technologies operating accountCore Molding Technologies, Inc.
    
    KeyBank National Association
    
    XXXX
    
    IB feesCore Molding Technologies, Inc.
    
    KeyBank National Association
    
    XXXX
    
    Payroll accountCore Molding Technologies, Inc.
    
    KeyBank National Association
    
    XXXX
    
    Concentration accountCore Molding Technologies, Inc.
    
    KeyBank National Association
    
    XXXX
    
    Consolidated disbursement accountCorecomposites de Mexico, S. de R.L. de C.V.
    
    BBVA Bancomer
    
    XXXX
    
    Payments to supplies, payroll, government taxesCorecomposites de Mexico, S. de R.L. de C.V.
    
    BBVA Bancomer
    
    OOOO
    
    Payments of rent, sell U.S. Dollars to buy pesos