Document:

FORM OF INDEMNITY AGREEMENT APPLICABLE TO DIRECTORS AND EXECUTIVE COMMITTEE MEMB

 Exhibit 10.16 
  
 John J. Legere 
 {Address 1} 
 {Address 2} 
 {City}, {State}, {Zip} 
  
 Global ID: 
  
 NON-QUALIFIED STOCK OPTION AGREEMENT 
  
 THIS AGREEMENT, dated as of
            , 200    , is made by and between Global Crossing Limited (formerly known as GC Acquisition Ltd.), hereinafter referred to as the
“Company”, and John J. Legere, an employee of the Company or a Subsidiary of the Company, hereinafter referred to as “Optionee”. 
  
 ARTICLE I 
  
 INCORPORATION OF THE PLAN BY REFERENCE; DEFINITIONS 
  
 The terms of the 2003 Global Crossing Limited Stock Incentive Plan, as amended from time to time (the “Plan”), are hereby incorporated by
reference. Except as otherwise defined in this Agreement, capitalized terms used herein shall have the meanings assigned in the Plan. In the event of any conflict between this Agreement and the Plan, the terms of the Plan shall control. The
masculine pronoun shall include the feminine and neuter, and the singular the plural, where the context so indicates. 
  
 Section 1.1 - Common Stock 
  
 “Common Stock” shall mean the Company’s Common Shares, par value of $.01 per share. 
  
 Section 1.2 - Grant Date 
  
 “Grant Date” shall mean the date on which the Options provided for
in this Agreement were granted,             , 200    . 
  
 Section 1.3 – Vesting Start Date 
  
 “Vesting Start Date” shall mean             , 200_. 
  
 Section 1.4 - Options 
  
 “Options” shall mean the non-qualified options to purchase Common Stock granted under this Agreement totaling
             shares. 

 Section 1.5 – Exercise Price 
  
 The exercise price of the shares of stock covered by the Options granted hereunder shall be
$             per share. 
  
 ARTICLE II 
  
 GRANT
OF OPTIONS 
  
 Section 2.1 - Grant of Options 
  
 The Company grants to the Optionee Options representing the right to acquire
shares of Common Stock. 
  
 ARTICLE III 
  
 PERIOD OF EXERCISABILITY 
  
 Section 3.1 - Options 
  
 (a) Subject to Sections 3.2 and 3.3, the Options will become exercisable with respect to one-third of the shares subject
thereto on the first anniversary of the Vesting Start Date. 
  
 (b) Subject to Sections 3.2 and 3.3, the Options will become exercisable with respect to an additional one-third of the shares subject thereto on the second anniversary of the Vesting Start Date. 
  
 (c) Subject to Sections 3.2 and 3.3, the Options will become exercisable with
respect to the remaining one-third of the shares subject thereto on the third anniversary of the Vesting Start Date. 
  
 (d) Subject to Sections 3.2 and 3.3, all outstanding Options shall immediately become exercisable in the event of a Change in Control. 
  
 (e) Subject to Section 3.2, all outstanding Options shall immediately become
exercisable in the event of termination of the Optionee’s employment due to “death,” “Disability,” “Termination other than for Cause” or “Resignation for Good Reason” (with such quoted terms being defined
in and determined in accordance with the Employment Agreement made as of December 9, 2003 between the Company and the Optionee) (collectively, “Full Option Vesting and Extended Exercise Events”). 
  

 2 

 Section 3.2 - Expiration of Options 
  
 The Options may not be exercised to any extent by the Optionee after the first to occur of the following events: 

 
 (a) The tenth anniversary of the Grant Date; or 
  
 (b) Twelve months after the date of the Optionee’s termination of
employment due to any Full Option Vesting and Extended Exercise Event; or 
  
 (c) Ninety (90) days after the date of the Optionee’s termination of employment for any reason other than (i) a Full Option Vesting and Extended Exercise Event or (ii) a “Termination for Cause” (with
such quoted term being defined in and determined in accordance with the Employment Agreement made as of December 9, 2003 between the Company and the Optionee); or 
  
 (d) Immediately upon a “Termination for Cause” (with such quoted term being defined in and determined in
accordance with the Employment Agreement made as of December 9, 2003 between the Company and the Optionee); or 
  
 (e) Subject to Section 3.2(b), if the Committee so determines pursuant to Section 9 of the Plan, on the effective date of either the merger or
consolidation of the Company into another Person, a Change in Control, or the recapitalization, reclassification, liquidation or dissolution of the Company; provided that at least thirty (30) days prior to the effective date of such merger,
consolidation, exchange, acquisition, recapitalization, reclassification, liquidation or dissolution, the Committee shall give the Optionee notice of such event and an opportunity to exercise the Option, if the Option has then neither been fully
exercised nor become unexercisable under this Section 3.2. 
  
 Section 3.3 -
Effect of Termination of Employment 
  
 All unexercisable
Options granted hereunder shall terminate upon the Optionee’s termination of employment for any reason other than a Full Option Vesting and Extended Exercise Event. 
  
 Section 3.4 - No Right to Employment, Consultation or Board Membership 
  
 Nothing in this Agreement or in the Plan shall confer upon the Optionee any right to continued employment, consultation or
Board membership for the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which are hereby expressly reserved, to terminate any such affiliation of the Optionee at any time for
any reason whatsoever. 
  
 Section 3.5 – No Entitlement 
  
 The award of the Options does not entitle the Optionee to any future award
of options. Any benefits granted under this Agreement and the Plan are not part of the Optionee’s ordinary salary, and shall not be considered as part of such salary in calculating any overtime or in determining any severance or redundancy
payment. 
  

 3 

 ARTICLE IV 
  

EXERCISE OF OPTIONS 
  
 Section 4.1 - Person Eligible to Exercise 
  
 During the lifetime of the Optionee, only he or she may exercise an Option or any portion thereof. After the death of the Optionee, any exercisable
portion of an Option may, prior to the time when the Option becomes unexercisable under Section 3.2, be exercised by the executor or administrator of the Optionee’s estate or by any person or persons empowered to do so under the Optionee’s
will or under the then applicable laws of descent and distribution. 
  
 Section
4.2 - Partial Exercise and Periods of Unexercisability 
  
 Any exercisable portion of an Option or the entire Option, if then wholly exercisable, may be exercised in whole or in part at any time prior to the time when the Option or portion thereof becomes unexercisable under Section 3.2;
provided, however, that any partial exercise shall be for whole shares of Common Stock only. 
  
 Section 4.3 - Manner of Exercise 
  
 An Option, or any exercisable portion thereof, may be exercised solely by delivering to the Secretary or his designee all of the following prior to the time when the Option or such portion becomes unexercisable under
Section 3.2: 
  
 (a) Notice in writing signed by the Optionee or
the other person then entitled to exercise the Option or portion thereof, stating that the Option or portion thereof is thereby exercised, such notice complying with all applicable rules established by the Committee; 
  
 (b) Full payment for the shares with respect to which such Option or portion
thereof is exercised at the election of the Optionee (i) in cash or (ii) with the consent of the Committee and subject to satisfaction of such requirements as may be imposed by the Committee in its sole discretion, through the delivery of
irrevocable instructions to a broker to deliver promptly to the Company an amount equal to the aggregate option price for the shares being purchased; 
  
 (c) If there is no effective registration statement under the Securities Act of 1933 with respect to the Option and shares issuable upon exercise of the
Option, a bona fide written representation and agreement, in a form satisfactory to the Committee, signed by the Optionee or other person then entitled to exercise such Option or portion thereof, stating that the shares of stock are being acquired
for his or her own account, for investment and without any present intention of distributing or reselling said shares or any of them except as may be permitted under the Securities Act of 1933, as amended 
  

 4 

 (the “Act”), and then applicable rules and regulations thereunder, and that the Optionee or other person then
entitled to exercise such Option or portion thereof will indemnify the Company against and hold it free and harmless from any loss, damage, expense or liability resulting to the Company if any sale or distribution of the shares by such person is
contrary to the representation and agreement referred to above; provided, however, that (i) the Committee may, in its absolute discretion, take whatever additional actions it deems reasonably necessary to ensure the observance and performance
of such representation and agreement and to effect compliance with the Act and any other federal or state securities laws or regulations and (ii) nothing in this Section 4.3 or elsewhere in this Agreement shall in any way derogate from the
Company’s obligations under Exhibit A to the Employment Agreement made as of December 9, 2003 between the Company and the Optionee to file and keep effective registration statements relating to stock options granted to the Optionee; 

 
 (d) Full payment to the Company of all amounts which, under federal, state
or local law, it is required to withhold upon exercise of the Option; and 
  
 (e) In the event the Option or portion thereof shall be exercised pursuant to Section 4.1 by any person or persons other than the Optionee, appropriate proof of the right of such person or persons to exercise the
option. 
  
 If there is no effective registration statement under
the Act respect to the Option and shares issuable upon exercise of the Option, without limiting the generality of the foregoing, the Committee may require an opinion of counsel acceptable to it to the effect that any subsequent transfer of shares
acquired on exercise of an Option does not violate the Act, and may issue stop-transfer orders covering such shares. Share certificates evidencing stock issued on such an exercise of this Option shall bear an appropriate legend referring to the
provisions of subsection (c) above and the agreements herein. The written representation and agreement referred to in subsection (c) above shall, however, not be required if the shares to be issued pursuant to such exercise have been registered
under the Act, and such registration is then effective in respect of such shares. 
  
 Section 4.4 - Rights as Shareholder 
  
 The
holder of an Option shall not be, nor have any of the rights or privileges of, a shareholder of the Company in respect of any shares purchasable upon the exercise of the Option or any portion thereof unless and until such shares shall have been
issued by the Company to such holder. 
  
 IN WITNESS WHEREOF, this
Agreement has been executed and delivered by the parties hereto as of the date first written above. 
  

			
	 GLOBAL CROSSING LIMITED,

	 a Bermuda corporation

	 Name:
	 	 José Antonio Ríos

	 Title:
	 	 International President & Chief Administrative Officer

  

 5Forbearance Agreement

 Exhibit 10.1 
  
 FORBEARANCE AGREEMENT 
  
 This Forbearance Agreement (“Agreement”) made this 7th day of September, 2004, by and between HOUZE GLASS CORPORATION, with its principal
place of business located at 902 South Main Street, Point Marion, PA 15474 (“Borrower”); JOHN H. SANFORD, an individual residing within the State of South Carolina with his principal residence located at 507 North Street, Beaufort,
South Carolina 29902 (“Sanford”); and WILSON BROTHERS, USA, INC., a publicly traded C corporation, with its principal place of business located at 1072 East Highway 175, Kaufman, Texas 75142 (“Wilson Brothers”); and
CITIZENS BANK OF PENNSYLVANIA, with its principal place of business located at 525 William Penn Place, Pittsburgh, PA 15219 (“Lender”). 
  
 RECITALS: 
  
 WHEREAS, Mellon Bank, N.A. (“Mellon Bank”) has extended to Borrower a certain revolving line of credit facility (“Loan”)
pursuant to the terms of a certain Loan Agreement, dated October 2, 1998, executed and delivered by Borrower in favor of Mellon Bank, as the same may be amended and supplemented by that certain Supplement to Loan Agreement, dated April 20, 2000,
executed and delivered by Borrower in favor of Mellon Bank (as the same may be amended, modified, supplemented, extended, substituted and restated from time to time, the “Loan Agreement”) and evidenced by the terms of that certain Note and
Security Agreement, dated December 14, 2001, executed and delivered by Borrower in favor of Lender, in the original principal amount of $800,000.00, amending and restating that certain Amended and Restated Note and Security Agreement, dated April
20, 2000, executed and delivered by Borrower in favor of Mellon Bank (as the same may be amended, modified, supplemented, extended, substituted and restated from time to time, the “Note”); and 
  
 WHEREAS, pursuant to the terms of the Note and as security for the all
of Borrower’s obligations, liabilities and indebtedness to Mellon Bank, Borrower granted to Mellon Bank a security interest in and to all of Borrower’s personal assets, including without limitation accounts, inventory, equipment and
general intangibles, whether now existing or hereafter acquired, and all products and proceeds thereof (hereinafter collectively referred to as the “Personal Property”), which security interest was perfected by the filing of financing
statements with the appropriate governmental offices (hereinafter collectively referred to as the “Financing Statements”); and 
  
 WHEREAS, as security for the obligations, liabilities and indebtedness of Borrower to Mellon Bank, Borrower executed and delivered in favor of
Mellon Bank a certain Open-End Mortgage, dated April 20, 2000, and recorded in the Office of the Recorder of Deeds of Fayette County, Pennsylvania at Mortgage Book Volume
            , Page              (as the same may be amended, modified, supplemented, extended, substituted and
restated from time to time, the “Mortgage”), which Mortgage granted Mellon Bank a first priority mortgage lien upon three (3) parcels of real property more particularly described in the Mortgage and the improvements located therein
(hereinafter collectively referred to as the “Real Property”); and 
  
 WHEREAS, Sanford and Wilson Brothers (hereinafter individually referred to as the “Guarantor” and collectively the “Guarantors”) have absolutely and unconditionally guaranteed and become
sureties for the all of the obligations, liabilities and indebtedness of Borrower to Mellon Bank pursuant to the terms of the those certain Agreements of Guaranty and Suretyship, each dated October 2, 1998 (as the same may be amended, modified,
supplemented, extended, substituted and restated from time to time, individually as the “Guaranty” and collectively as the “Guarantees”); and 

 WHEREAS, on or about December 1, 2001, Mellon Bank assigned to Lender, all of Mellon Bank’s
right, title and interest in and to the Loan and the Loan Agreement, the Note, the Mortgage, Financing Statements, Guarantees and all other agreements, documents and instruments executed in connection with the Loan (hereinafter collectively referred
to as the “Loan Documents”), pursuant to the terms of a certain Assignment; and 
  
 WHEREAS, Borrower is in default under the terms of the Loan Documents, resulting in the acceleration by Lender of all sums due thereunder; and 
  
 WHEREAS, Borrower and Guarantors have requested and Lender is amenable, upon the following terms and conditions, to
forbear from exercising its rights and remedies under the terms of the Loan Documents to provide Borrower and Guarantors the opportunity to improve Borrower’s financial condition and the economic viability of Borrower’s operations and to
obtain alternative financing in an amount sufficient to payoff the Loan in full. 
  
 NOW, THEREFORE, in consideration of the above-referenced recitals, the mutual covenants and agreements contained herein and other good and valuable consideration, the receipt of which is hereby
acknowledged, and intending to be legally bound hereby, the parties hereby agree as follows: 
  
 1. Recitals. The recitals set forth above are incorporated herein by reference. 
  
 2. Indebtedness. Borrower and Guarantors hereby acknowledge and agree that as of September 7, 2004, the sums due and owing under the terms of the
Note is as follows: 
  

			
	 Principal
	 	$574,520.82
	 Interest to 9/7/04
	 	$734.11
		
	 TOTAL
	 	$575,254.93

  
 together with interest on the unpaid
principal balance at the rate of interest as set forth below, and all other sums due and owing under the terms of the Loan Documents, including without limitation attorneys fees and costs (hereinafter collectively referred to as the
“Indebtedness”). Borrower and Guarantors hereby acknowledge and agree that they have no defenses, counterclaims or offsets of whatsoever nature or kind to the Indebtedness. 
  
 3. Forbearance Fee. In consideration for Lender’s forbearance in accordance with this Agreement, Borrowers
and/or Guarantors shall pay to Lender a monthly forbearance fee in the amount of $2,000.00 (“Monthly Forbearance Fee”), with the first payment due upon execution of this Agreement and thereafter on the first day of each month until the
Indebtedness is paid in full. Borrower and Guarantors hereby irrevocably authorize Lender to automatically withdraw and set off all such payments due in accordance with this Section 3 directly from any and all operating accounts of Borrower
maintained with Lender. 
  
 4. Interest. Notwithstanding
any provisions in the Note or Loan Documents to the contrary, interest shall accrue on the unpaid principal balance due under the Note from September 1, 2004 until paid in full at a rate equal to Lender’s Prime Rate, as that term is defined in
the Note, plus 3.0% per annum, floating (“Contractual Rate”). Interest shall be paid monthly in arrears commencing on October 1, 2004 and continuing on the 1st day of each month thereafter. Borrower and Guarantors hereby irrevocably authorize Lender to automatically withdraw and set off all such payments due in
accordance 

 with this Section 4 directly from any and all operating accounts of Borrower maintained with Lender. After the occurrence
of an Event of Default, as defined below, interest shall accrue on the unpaid principal balances due under the Note at a rate of two percent (2%) per annum above the Contractual Rate (“Default Rate”) until all sums due hereunder are paid
in full. Interest shall continue to accrue after the entry of judgment at the Default Rate to all sums due under the Note until paid in full. 
  
 5. Principal Payments. Upon execution of this Agreement, Borrower and/or Guarantors shall pay to Lender the sum of $150,000.00 (“Initial
Principal Payment”), which sum shall immediately be applied to the outstanding principal balance due and owing under the terms of the Note. Notwithstanding any provisions in the Note or the Loan Documents to the contrary, and in addition to the
Monthly Forbearance Fee due in accordance with Section 3 of this Agreement; the interest payments due in accordance with Section 4 of this Agreement; and all other charges and fees due hereunder or under the Loan Documents, commencing on September
30, 2004 and continuing on the last business day of each month thereafter, to and including January 31, 2005, Borrower and/or Guarantors shall pay to Lender the sum of $25,000.00 (“Monthly Principal Payment”), which sums shall be applied
to the outstanding balances due under the Note, in such order and manner as Lender shall decide, in its sole discretion, with all outstanding principal, accrued and unpaid interest and all other sums due and owing under the terms of the Note and the
other Loan Documents, due and payable in full, on or before 5 pm on February 28, 2005. 
  
 6. Overadvance. Borrower and Guarantors hereby acknowledge and agree that based upon the borrowing base certificate, dated July 31, 2004, submitted by Borrower to Lender, a copy of which is attached hereto as
Exhibit A, as of the date of this Agreement, the outstanding principal balance due on the Loan exceeds the Borrowing Base (as defined below) by the amount of $220,749 (as reduced from time to time in accordance with this provision, the
“Overadvance Amount”). Upon the receipt of the Initial Principal Payment and on the due date of each Monthly Principal Payment (whether or not received by Lender), the Overadvance Amount shall be reduced by the amount of the Initial
Principal Payment and the amount of each Monthly Principal Payment which is received or should have been received pursuant to Section 5 of this Agreement. Borrower and Guarantors shall not permit at any time the outstanding principal balance due on
the Loan to exceed the Borrowing Base by more than the then existing Overadvance Amount. For purposes of this provision the term “Borrowing Base” shall mean the lesser of (i) $800,000.00 or (ii) 80% of Eligible Accounts. For purposes of
this provision the term “Eligible Accounts” shall mean all trade accounts receivable created or acquired by Borrower in the ordinary course of business, aged no more than 90 days from the date of invoice, which are and at all times
continue to be acceptable to Lender, in its sole discretion, and in which Lender has a properly perfected security interest superior to all others. 
  
 7. Additional Reporting Requirements. In addition to any other financial statements or reports required to be provided by Borrower and/or
Guarantors in accordance with the terms of the Loan Documents, Borrower and/or Guarantors shall deliver to Lender or cause to be delivered to Lender, within fifteen (15) days of the end of each calendar month a borrowing base certificate, in the
form then prescribed by Lender, together with such additional documents as Lender shall require from time in support of thereof. 
  
 8. Events of Default. The failure of Borrower and/or Guarantors to strictly and timely observe or perform any term, condition, covenant or
agreement contained herein or the occurrence of any Event of Defaults under the terms of the Loan Documents shall constitute an default hereunder (individually an “Event of Default” and collectively “Events of Default”).

  
 9. Forbearance Period. So long as no Event of Default
exists, Lender shall forbear from exercising any rights or remedies against Borrower or Guarantors for a period from the date of execution of this Agreement to 5 p.m. on February 28, 2005, except as otherwise extended by Lender in 

 writing (“Forbearance Period”). Upon the occurrence of any Event of Default under the Forbearance Period,
Lender’s obligation to forbear shall automatically terminate without any further action on the part of or notice from Lender and Lender shall be free to exercise all of its rights and remedies available to it under the terms of this Agreement
and any agreements executed in connection herewith, the Loan Documents or that may exist at law or in equity to collect the entire Indebtedness in full. 
  
 10. Conditions. The obligation of Lender to forbear in accordance with the terms of this Agreement is expressly conditional upon the following
occurring on or prior to the execution of this Agreement: 
  

	 	a.	No changes or modifications have occurred with respect to the Articles of Incorporation and Bylaws of Borrower since the execution of the Loan Documents; 

 

	 	b.	Receipt by Lender of a resolution of the board of directors of Borrower, certified by Borrower’s secretary, authorizing the execution of this Agreement and the transactions
contemplated herein; 

  

	 	c.	Receipt of a personal financial statement from Sanford as of August 30, 2004, on Lender’s standard form or such other form as shall be prescribed by Lender, signed by Sanford;

  

	 	d.	Receipt of the fiscal year end financial statements as of December 31, 2003 of Wilson Brothers, including the income statement, balance sheet, statement of retained earnings,
statement of cash flow and any notes to the above-referenced financial statements, reviewed by an independent certified public accountant not unacceptable to Lender and setting forth in comparative form the corresponding figures for the preceding
fiscal year, with all such statements and balance sheets being in reasonable detail, including all supporting schedules and comments and free of any exceptions or qualifications not acceptable to Lender and shall be prepared in accordance with
generally accepted accounting principals, consistently applied by Wilson Brothers; 

  

	 	e.	Receipt of the first Monthly Forbearance Fee due in accordance with Section 3 herein and the Initial Principal Payment due in accordance with Section 5 herein;

  

	 	f.	Receipt of the borrowing base certificate as of August 31, 2004, together with all supporting documents, all in a form and substance satisfactory to Lender, in its sole discretion;
and 

  

	 	g.	All legal details and proceedings in connection with the transactions contemplated by this Agreement, shall be satisfactory to Lender and Lender shall have received all such
counterpart originals or certified or other copies of such documents and proceedings in connection with such transactions in a form and substance satisfactory to Lender, as Lender may from time to time request. 

  
 11. Acceleration. Borrower and Guarantors hereby acknowledge and agree
that the obligations, liabilities and indebtedness due and owing under the terms of the Loan Documents have been accelerated and remain due and owing in full, and nothing in this Agreement constitutes a waiver of the demand made under the Loan
Documents. 
  
 12. Release. Borrower and Guarantors, for
themselves, their respective shareholders, directors, officers, employees, agents, heirs, executors, administrators, successors and assigns, as the case may be, hereby forever waive and release Lender, and its shareholders, directors, 

 officers, employees, agents, successors and assigns from any and all claims, causes of actions, liabilities and damages
of whatsoever nature or kind arising from or related to, directly or indirectly, any acts or omissions of Lender occurring prior to the execution of this Agreement in connection with the Loan Documents and the administration, collection or
enforcement of the Loan Documents and the Indebtedness. 
  
 13.
Future Assurances. Borrower and Guarantors will promptly cure any defects in the creation and issuance of or the execution and delivery of any agreements, documents, instruments, forms, applications or statements provided pursuant to this
Agreement, including this Agreement. Borrower and Guarantors will promptly execute and deliver to Lender upon request all such other and further documents, agreements, consents and instruments in compliance with or accomplishment of the covenants
and agreements of Borrower and Guarantors in this Agreement, or to correct any omissions therein, or to perfect, protect or preserve any liens, security interests or encumbrances of whatsoever nature or kind, created pursuant to any of the Loan
Documents or this Agreement, or to make any recordings, to file any notices, or use their best efforts to obtain any consents from third parties, all as may be necessary or appropriate in connection herewith. In the event Borrower and Guarantors
fail to comply with the terms of this provision within five (5) days of any such request by Lender, Borrower and Guarantors for themselves and their respective shareholders, directors, officers, employees, agents, heirs, executors, administrators,
successors and assigns, as the case may be, irrevocably appoint Lender their lawful attorney-in-fact, coupled with an interest and with full power of substitution, to do all things Borrower and/or Guarantors are required to do in accordance with
this Agreement, including executing all agreements, documents and instruments. 
  
 14. Controlling Agreement/Reaffirmation. This Agreement supplements and modifies the Loan Documents and is not intended to be in substitution for or in novation of the Loan Documents. All of the terms,
conditions, covenants and provisions in the Loan Documents, except to the extent expressly modified hereby, continue to remain in full force and effect and are hereby expressly reaffirmed by Borrower and Guarantors. This Agreement shall control in
the event of any conflict between this Agreement and the Loan Documents. 
  
 15. Delay in Exercising Rights. No failure or delay on the part of Lender in exercising any right, power or privilege shall operate as a waiver of such right, power or privilege nor shall any single or partial
exercise of any right, power or privilege hereunder preclude any further exercise thereof or the exercise of any other right, power or privilege. Failure by Lender to insist upon the strict performance hereof shall not constitute a relinquishment of
its rights to demand strict performance at another time. 
  
 16.
Severability. The provisions of this Agreement are intended to be severable. If any provision of this Agreement is held invalid or unenforceable in whole or in part in any jurisdiction, the provision will, as to such jurisdiction, be
ineffective to the extent of such invalidity or unenforceability without in any manner affecting the validity or enforceability of the provision in any other jurisdiction or the remaining provisions of this Agreement in any jurisdiction. 

 
 17. Governing Law. This Agreement shall be governed by and
construed in accordance with the laws of the Commonwealth of Pennsylvania. BORROWER AND GUARANTORS HEREBY IRREVOCABLY CONSENT TO THE NONEXCLUSIVE JURISDICTION OF THE COURT OF COMMON PLEAS OF ALLEGHENY COUNTY AND THE UNITED STATES DISTRICT COURT FOR
THE WESTERN DISTRICT OF PENNSYLVANIA AND WAIVE PERSONAL SERVICE OF ANY AND ALL PROCESS UPON THEM AND AGREE THAT ALL SUCH SERVICE OF PROCESS MADE BY CERTIFIED OR REGISTERED MAIL DIRECTED TO BORROWER OR GUARANTORS AT THE ADDRESSES PROVIDED FOR IN THIS
AGREEMENT AND SERVICE 

 SO MADE SHALL BE DEEMED TO BE COMPLETED UPON ACTUAL RECEIPT THEREOF. BORROWER AND GUARANTORS WAIVE ANY OBJECTION TO
JURISDICTION AND VENUE OF ANY ACTION INSTITUTED AGAINST THEM AS PROVIDED HEREIN AND AGREES NOT TO ASSERT ANY DEFENSE BASED ON LACK OF JURISDICTION. 
  
 18. Integration. The parties hereto acknowledge that they have had the benefit of counsel in connection with the execution and delivery of this
Agreement, and this Agreement constitutes the entire understanding between the parties and there are no other agreements or understanding, written or oral, relating to the transactions described herein, except as otherwise expressly incorporated
herein by reference. Borrower and Guarantors further acknowledge that they have had the access and benefit of legal counsel in connection with the negotiation of this Agreement and that such waivers of rights pursuant to the provisions of this
Agreement are given voluntarily and with full knowledge and understanding of their legal significance and impact. 
  
 19. Binding Effect. This Agreement shall be binding upon the parties hereto and shall inure to the benefit of their respective shareholders,
directors, officers, employees, agents, heirs, executors, administrators, successors and assigns, as the case may be; provided that, Borrower’s and Guarantors’ obligations and duties hereunder shall not be assigned or delegated without the
prior written consent of Lender, which consent can be withheld for any reason. 
  
 20. Amendments. This Agreement shall not be amended or modified except in writing signed by all the parties hereto. 
  
 21. Counterparts. This Agreement may be executed in as many counterparts as may be deemed necessary or convenient, each of which shall be deemed an
original, but all such counterparts shall constitute but one and the same instrument. 
  
 22. Joint and Several. The obligations, liabilities and indebtedness due under this Agreement are joint and several among the Borrower and Guarantors signing below. 
  
 23. Definitions. Any capitalized terms used herein, not otherwise
defined herein, shall have the same meaning as is given those terms in the Loan Documents. 
  
 24. Waiver of Jury Trial. THE PARTIES HERETO HEREBY WAIVE ANY AND ALL RIGHTS TO A JURY TRIAL FOR ANY DAMAGES, LOSSES, CLAIMS OR CAUSES OF ACTION OF WHATSOEVER NATURE OR KIND ARISING OUT OF OR RELATED
TO, DIRECTLY OR INDIRECTLY, THIS AGREEMENT, OR ANY TRANSACTIONS CONTEMPLATED IN CONNECTION HEREWITH. THE PARTIES HERETO ACKNOWLEDGE THAT THEY HAVE READ THIS PROVISION AND HAVE HAD THIS PROVISION EXPLAINED TO THEM BY THEIR RESPECTIVE COUNSEL AND SUCH
WAIVER IS BEING GIVEN VOLUNTARILY AND WITH FULL KNOWLEDGE AND APPRECIATION FOR THE CONSEQUENCES AND EFFECT THEREOF. 
  
 25. CONFESSION OF JUDGMENT. BORROWER AND GUARANTORS HEREBY EMPOWER THE PROTHONOTARY OR ANY ATTORNEY OF ANY COURT OF RECORD TO APPEAR FOR
BORROWER AND/OR GUARANTORS, OR ANY ONE OR MORE OF THEM, AND TO CONFESS JUDGMENT AS OFTEN AS NECESSARY AGAINST BORROWER AND/OR GUARANTORS, OR ANY ONE OR MORE OF THEM, IN FAVOR OF THE HOLDER HEREOF, REGARDLESS OF WHETHER ANY EVENT OF DEFAULT HAS
OCCURRED, AT ANY TIME AND AS OF ANY TERM, FOR THE SUM DUE HEREUNDER AND THE LOAN DOCUMENTS PLUS INTEREST DUE UNDER THE TERMS HEREOF AND 

 THE LOAN DOCUMENTS AND ALL OTHER AMOUNTS DUE HEREUNDER AND THE LOAN DOCUMENTS, TOGETHER WITH COSTS OF LEGAL
PROCEEDINGS AND AN ATTORNEY’S COMMISSION EQUAL TO THE LESSER OF (A) 20% OF THE ABOVE SUM AND INTEREST DUE HEREUNDER AND THE LOAN DOCUMENTS OR $500.00, WHICHEVER IS GREATER, OR (B) THE MAXIMUM AMOUNT PERMITTED BY LAW, WITH RELEASE OF ALL ERRORS.
BORROWER AND GUARANTORS WAIVE ALL LAWS EXEMPTING REAL AND PERSONAL PROPERTY FROM EXECUTION. 
  
 WITNESS, the due execution hereof, the day and year first above written. 
  

					
	 	 	BORROWER:
		
	ATTEST:	 	 HOUZE GLASS CORPORATION, a
 Pennsylvania corporation

			
	 /s/ John H. Sanford

	 	By:	 	 /s/ David
Weimer                                       
          (SEAL)

	Secretary	 	Name:	 	 David Weimer
 President

	 	 	 	 	 
	 	 	GUARANTORS:
	WITNESS:	 	 	 	 
			
	 /s/ Michael E. Hicks

	 	 	 	 /s/ John H.
Sanford                                       
          (SEAL)

	 	 	 	 	John H. Sanford
		
	ATTEST:	 	 WILSON BROTHERS USA, INC., a Illinois
 corporation

			
	 /s/ Michael E. Hicks

	 	By:	 	 /s/ John H.
Sanford                                       
          (SEAL)

	Secretary	 	Name:	 	 John H. Sanford
 President

		
	 	 	CITIZENS BANK OF PENNSYLVANIA
			
	 	 	By:	 	 /s/ Don A.
Langford                                       
          (SEAL)

	 	 	 	 	Don A. Langford
	 	 	 	 	Senior Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}]]