Document:

EXHIBIT 10.0

                                 PROMISSORY NOTE

                                                              Lakewood, Colorado

$5,000.00                                                        August 30, 2004

     FOR VALUE RECEIVED, the undersigned, Rub A Dub Soap, Inc., (hereinafter
referred to as the "Maker"), agrees and promises to pay to the order of Patricia
Cudd (hereinafter referred to as the "Holder"), at 18826 Pagentry Place,
Monument, Colorado 80132, or such other place as the Holder may designate in
writing, in coin or currency of the United States of America, which at the time
of payment is legal tender for the payment of public and private debts, the
principal sum of five thousand dollars ($5,000.00), without interest, from the
date hereof until maturity, as hereinafter provided. The principal balance of
this Promissory Note (hereinafter referred to as the "Note") shall be due and
payable on demand

     This Note may be prepaid in whole or in part at any time without penalty.

     If default is made in the payment of this Note, as and when the same is or
becomes due, the owner and holder of this Note may, after notice and failure to
cure as hereinafter provided, without additional notice or demand, declare the
entire unpaid principal balance hereof and accrued interest, if any, at once due
and payable.

     Except as otherwise specifically set out herein, the Maker waives demand
and presentment for payment, notice of non-payment, protest, notice of protest,
notice of acceleration of the indebtedness due hereunder, bringing of suit and
diligence in taking any action to collect amounts called for hereunder, and
agrees that the time of payments hereof may be extended without notice at any
time and from time-to-time, and for periods of time for a term or terms in
excess of the original term without notice or consideration to, or consent from,
the Maker, without same constituting a waiver of the Holder's rights under this
Note.

     If any payment hereunder is not made when due or in the event of default in
any other covenant, condition or promise under this Note, the principal shall,
at the option of the Holder and without further notice, immediately become due
and payable in full. From and after the date of such default, the principal sum
shall bear interest at the rate of eighteen percent (18%) per annum until paid.

     If the entire outstanding principal balance becomes due, the Maker agrees
to pay the Holder's reasonable costs (including reasonable attorney's fees and
court costs) in collecting on this Note, including the reasonable costs of
obtaining and enforcing a judgment for any balance due on this Note.

     This Note has been executed in the City identified in the heading and
delivered to the Holder at the address stated herein. It is to be performed, in
whole or in part, in the State of Colorado, and the laws of such state shall
govern the validity, construction, enforcement and interpretation of this Note.
Jurisdiction and venue for any action hereunder shall be in the County of the
City identified in the heading.

                                       1
<PAGE>
     The Maker represents that it is duly authorized and empowered to enter
into, deliver, perform and be fully bound by all of the terms, provisions and
conditions of this Note. The Maker also represents that the making and delivery
of this Note, and the performance of any agreement or instrument made in
connection herewith, does not conflict with or violate any other agreement to
which the Maker is a party.

     The Holder may transfer this Note to any person, firm or corporation which
shall thereupon become vested with all of the rights and powers herein given to
the Holder and the Holder shall thereafter be forever relieved and discharged
from any liability to the Maker with respect to any matters arising subsequent
to the date of such transfer.

         In the event that any word, phrase, clause, sentence or other provision
hereof shall violate any applicable statute, ordinance or rule of law in any
jurisdiction in which it is used, such provision shall be ineffective to the
extent of such violation without invalidating any other provision hereof.

         IN WITNESS HEREOF, this Note is executed on the date and year above
written.

                                                     RUB A DUB SOAP, INC.

                                                 By: /s/ Lisa R. Powell
                                                     ------------------------
                                                     Lisa R. Powell, President

                                       2
<PAGE>EXHIBIT 10(E)

 

Jun 25
2004

 

CHANGE IN TERMS AGREEMENT

 

	
  Principal

  	
   

  	
  Loan Date

  	
   

  	
  Maturity

  	
   

  	
  Loan No

  	
   

  	
  Call/Coll

  	
   

  	
  Account

  	
   

  	
  Officer

  	
   

  	
  Initials

  
	
  $

  	
  5,000,000.00

  	
   

  	
  06-14-2004

  	
   

  	
   

  	
   

  	
  0000011001

  	
   

  	
  402/326

  	
   

  	
  E0100567162

  	
   

  	
  RXW07

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  References
  in the shaded area are for Lender’s use only and do not limit the
  applicability of this document to any particular loan or item.  Any Item above containing **** has been
  omitted due to text length limitations.

  
																

 

	
  Borrower:

  	
   

  	
  The Ohio
  Art Company

  	
   

  	
  Lender:

  	
   

  	
  KeyBank
  National Association

  
	
   

  	
   

  	
  1 Toy St,
  P.O. Box 111

  	
   

  	
   

  	
   

  	
  OH-MM-Sandusky

  
	
   

  	
   

  	
  Bryan, OH
  43506

  	
   

  	
   

  	
   

  	
  135 East
  Washington Row

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Sandusky,
  OH 44670

  

 

	
  Principal
  Amount: $5,000,000.00

  	
   

  	
  Initial
  Rate: 3.500%

  	
   

  	
  Date of
  Agreement: June 14, 2004

  

 

DESCRIPTION
OF EXISTING INDEBTEDNESS.  Obligor No.: 100567162.

Obligation No.: 11001.

 

Original Promissory Note
dated May 21, 2003, in the principal amount of $5,000,000.00

 

DESCRIPTION
OF CHANGE IN TERMS.  The
Index currently is 4.00% per annum. The interest rate to be applied to the
unpaid principal balance of this Note will be at a rate of one half percentage
point(s) under the Index, resulting in an initial rate of 3.50% per annum.
NOTICE: Under no circumstances will the interest rate on this Note be more than
the maximum rate allowed by applicable law.

 

CONTINUING
VALIDITY.
Except as expressly changed by this Agreement, the terms of the original
obligation or obligations, Including all agreements evidenced or securing the
obligation(s), remain unchanged and in full force and effect. Consent by Lender
to this Agreement does not waive Lender’s right to strict performance of the
obligation(s) as changed, nor obligate Lender to make any future change in
terms. Nothing in this Agreement will constitute a satisfaction of the
obligation(s). It is the intention of Lender to retain as liable parties all
makers and endorsers of the original obligation(s), including accommodation
parties, unless a party is expressly released by Lender in writting. Any maker
or endorser, including accommodation makers, will not be released by virtue of
this Agreement. If any person who signed the original obligation does not sign
this Agreement below, then all persons signing below acknowledge that this
Agreement is given conditionally, based on the representation to Lender that
the non-signing party consents to the changes and provisions of this Agreement
or otherwise will not be released by it. This waiver applies not only to any
initial extension, modification or release, but also to all such subsequent
actions.

 

PRIOR TO SIGNING
THIS AGREEMENT, BORROWER READ AND UNDERSTOOD ALL THE PROVISIONS OF THIS
AGREEMENT, BORROWER AGREES TO THE TERMS OF THE AGREEMENT.

 

NOTICE: FOR
THIS NOTICE “YOU” MEANS THE BORROWER AND “CREDITOR” AND “HIS” MEANS LENDER.

 

WARNING –
BY SIGNING THIS PAPER YOU GIVE UP YOUR RIGHT TO NOTICE AND COURT TRIAL. IF YOU
DO NOT PAY ON TIME A COURT JUDGMENT MAY BE TAKEN AGAINST YOU WITHOUT YOUR PRIOR
KNOWLEDGE AND THE POWERS OF A COURT CAN BE USED TO COLLECT FROM YOU REGARDLESS
OF ANY CLAIMS YOU MAY HAVE AGAINST THE CREDITOR WHETHER FOR RETURNED GOODS,
FAULTY GOODS, FAILURE ON HIS PART TO COMPLY WITH THE AGREEMENT, OR ANY OTHER
CAUSE.

 

CIT SIGNERS:

 

 

THE OHIO ART COMPANY

 

	
  By:

  	
  /s/ Jerry D. Kneipp

  	
  6/29/04

  
	
   

  	
  Jerry D. Kneipp, C.F.O
  & Treasurer of The Ohio Art

  Company

  	
   

  

 

LASER
PRO Lending, Ver.5.23.30.004 Copr.  Harland Financial Solutions, Inc. 1997, 2004.  All Rights ReservedExhibit
10.1

 

THIRD AMENDMENT TO THE

QUANEX CORPORATION 401(k) SAVINGS PLAN

 

THIS AGREEMENT by
Quanex Corporation, a Delaware corporation (the “Sponsor”),

 

WITNESSETH:

 

WHEREAS, the
Sponsor maintains the Quanex Corporation 401(k) Savings Plan (the “Plan”);

 

WHEREAS, pursuant
to Section 13.01 of the Plan, the Sponsor has the right to amend the Plan;
and

 

WHEREAS, the
Sponsor desires to amend the Plan;

 

NOW, THEREFORE, the
Sponsor agrees that, effective as of August 9, 2004, Article XIV of
the Plan is amended by adding thereto the following new Section 14.11:

 

14.11                     Special
Provisions Applicable to Nichols Aluminum-Golden, Inc. Employees.

 

(a)  Cessation of Participation.  Upon the closing of the sale by the Sponsor
of the stock of Nichols Aluminum-Golden, Inc., (the “NAG Sale”), an individual
who is employed by Nichols Aluminum-Golden, Inc. shall cease to be eligible to
participate in the Plan.

 

(b)  Sale is Distribution Event.  An individual who continues to be employed
by Nichols Aluminum-Golden, Inc. following the NAG Sale shall be deemed to have
incurred a “Separation From Service” for all purposes under the Plan.

 

(c)  Vesting. 
Notwithstanding any other provision of the Plan to the contrary, an
individual who continues to be employed by Nichols Aluminum-Golden, Inc.
immediately following the NAG Sale shall have a fully nonforfeitable interest
in his Account balance upon the Sale.

 

(d)  Loans.  Notwithstanding any
other provision of the Plan to the contrary, an individual who on the date of
the NAG Sale (i) has an outstanding loan from the Plan and (ii) is
deemed to incur a Separation From Service as a result of the Sale, will be
allowed to repay to the Trustee the outstanding loan principal balance and any
accrued but unpaid interest over the remaining term of the loan in accordance
with the amortization schedule provided in his loan agreement as if he had
not incurred a Separation From Service. 
The individual’s loan repayments will not be required to be made on a
payroll deduction basis; but rather may be made utilizing a loan coupon
procedure established by the Loan Committee.

 

 

IN WITNESS WHEREOF,
the Sponsor has executed this Amendment this 10th day of August, 2004.

 

	
   

  	
  QUANEX
  CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Title:

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