Document:

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                                                                    EXHIBIT 10.1

                                    AGREEMENT

         This AGREEMENT is entered into as of July 25, 2002, by and between
Venture Holdings Company, LLC, a Michigan limited liability company (the
"Company") and Larry Winget ("Winget").

         In consideration of the mutual covenants herein contained and other
good and valuable consideration, the receipt of which is hereby acknowledged,
the parties covenant and agree as follows:

1. Definitions.

         1.1 "Bondholders" means the holders of record as of July 10, 2002 of
the Company's 9.5% Senior Notes due 2005, 11% Senior Notes due 2007 and 12%
Senior Subordinated Notes due 2009.

         1.2 "Credit Agreement" means that certain Credit Agreement, dated as of
May 27, 1999, by and among the Company, as successor borrower to Venture
Holdings Trust, Bank One, NA, as successor to The First National Bank of
Chicago, as agent, and the lenders named therein, as amended.

         1.3 "Domestic Subsidiaries" means any direct or indirect subsidiary of
the Company that is organized under the laws of any state of the United States
of America or the District of Columbia.

         1.4 "Foreign Subsidiaries" means any direct or indirect subsidiary of
the Company other than a Domestic Subsidiary.

         1.5 "German Preliminary Proceeding" means the preliminary insolvency
proceedings filed on or about May 28, 2002 by certain managing directors of
Peguform GmbH & Co. KG, Venture Verwaltungs GmbH, Venture Beteiligungs GmbH,
Venture Germany GmbH.

         1.6 "Indentures" means that certain Indenture dated as of July 1, 1997
governing the 9.5% Senior Notes due 2005, that certain Indenture dated as of May
27, 1999 governing the 11% Senior Notes due 2007 and that certain Indenture
dated as of May 27, 1999 governing the 12% Senior Subordinated Notes due 2009.

2. Contribution of Assets. Within forty-five (45) days of the dismissal of the
German Preliminary Proceeding without commencement of a formal insolvency
proceeding in Germany, or as soon as practicable thereafter, Winget agrees to
contribute to the Company, the Domestic Subsidiaries and/or the Foreign
Subsidiaries on an "as is" basis the operations, activities and assets listed on
Exhibit A (the "Assets"). Such contribution may be in the form of a direct
contribution of the Assets and/or a contribution of the shares of entities which
hold the Assets.

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3. Assumption of Liabilities/Related Party Transactions. Any and all liabilities
and obligations related to the Assets shall be assumed by the transferees of the
Assets. Any and all related party payables and receivables which are owed to or
due from the Company, the Domestic Subsidiaries or the Foreign Subsidiaries
shall be assumed by the transferees of the Assets.

4. Additional Conditions. The obligations of Winget to make the contribution of
the Assets to the Company, the Domestic Subsidiaries and/or the Foreign
Subsidiaries under this Agreement are subject to the following conditions.

         4.1 As of the date hereof, the Bondholders shall consent to all of the
matters requested in the Consent Solicitation Statement, dated July 15, 2002.

         4.2 As of the date of the contribution of the Assets, neither the
Company nor any of the Domestic Subsidiaries or Foreign Subsidiaries shall be in
bankruptcy.

         4.3 As of the date of the contribution of the Assets, no Default or
Event of Default (as such terms are defined in the Indentures) has occurred
under the Indentures and no Default or Unmatured Default (as such terms are
defined in the Credit Agreement) has occurred under the Credit Agreement.

5. Termination. In the event that the German Preliminary Proceeding is not
dismissed and/or a formal insolvency proceeding is commenced in Germany, this
Agreement shall immediately terminate and neither party shall have any rights,
liabilities or obligations under this Agreement.

6. General.

         6.1 Entire Agreement. This Agreement, including Exhibit A, sets forth
the entire agreement between the parties on this subject and supersedes all
prior negotiations, understandings and agreements between the parties concerning
the subject matter. No amendment or modification of this Agreement shall be made
except by a writing signed by the party to be bound thereby.

         6.2 Governing Law; Consent to Jurisdiction. The Agreement shall be
governed by and interpreted in accordance with the laws of the State of Michigan
without regard to principles of conflict of laws. The parties agree to submit to
the exclusive jurisdiction over all disputes hereunder in the appropriate
federal or state courts of the State of Michigan located in Wayne County.

         6.3 Partial Invalidity. Should any provision of this Agreement shall be
held to be void, invalid or inoperative, the remaining provisions of this
Agreement shall not be affected and shall continue in effect and the invalid
provision shall be deemed modified to the least degree necessary to remedy such
invalidity.

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         6.4 Notices. Any notice required or permitted to be sent shall be in
writing and shall be sent in a manner requiring a signed receipt, such as
authenticated facsimile transmission, FedEx or like courier, or if mailed, then
mailed by registered or certified mail, return receipt requested. Notice is
effective upon receipt. Notices shall be sent to the addresses first set forth
above to the attention of the signatories of this Agreement.

         6.5 No Assignment. Neither party shall assign this Agreement or any of
its rights and obligations under this Agreement to any other entity without the
prior written consent of the other party, which shall not be unreasonably
withheld or delayed.

         6.6 No Waiver. The failure of either party to partially or fully
exercise any right or the waiver by either party of any breach shall not prevent
a subsequent exercise of such right or be deemed a waiver of any subsequent
breach of the same or any other term of this Agreement.

                      [Signatures appear on the next page.]

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         IN WITNESS WHEREOF, the parties have executed and delivered this
Agreement as of the date first written above.

                              VENTURE HOLDINGS COMPANY, LLC
                              33662 James J. Pompo Drive
                              P.O. Box 278
                              Fraser, Michigan 48026-0278

                              By:   /s/ Larry Winget

                              Its:  Chairman and Chief Executive Officer

                              /s/ Larry Winget
                              Larry Winget
                              33662 James J. Pompo Drive
                              P.O. Box 278
                              Fraser, Michigan 48026-0278

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                                    EXHIBIT A

                                     ASSETS

1.       Real estate currently being leased by the Domestic Subsidiaries for use
         in their operations from Larry Winget or entities he controls
         (excluding the Harper facility leased from Harper Properties of Clinton
         Twp. Limited Partnership).

2.       Machinery and equipment currently being leased by the Domestic
         Subsidiaries and/or Foreign Subsidiaries for use in their operations
         from Larry Winget or entities he controls.

3.       Patents currently being licensed to the Domestic Subsidiaries or
         Foreign Subsidiaries for use in their operations which are owned by
         Larry Winget or entities he controls.

4.       Sales and/or management commission agreements between the Company, the
         Domestic Subsidiaries, the Foreign Subsidiaries, Venture Australia or
         Venture South Africa and Larry Winget or entities he controls, as to
         sales occurring after the dismissal of the German Preliminary
         Proceeding without commencement of a formal insolvency proceeding in
         Germany.

5.       Certain engineering and tooling operating activities and assets of
         Deluxe Pattern Corporation owned by Larry Winget or entities he
         controls.

6.       Operations, activities and assets of Australian based entities which
         are owned by Larry Winget or entities he controls.

7.       Operations, activities and assets of South African based entities owned
         by Larry Winget or entities he controls.<PAGE>
                                                                    EXHIBIT 10.1

                     SOUTHWEST BANCORPORATION OF TEXAS, INC.

                             1996 STOCK OPTION PLAN

                     AMENDED AND RESTATED AS OF JUNE 4, 2002

                             I. PURPOSE OF THE PLAN

         The SOUTHWEST BANCORPORATION OF TEXAS, INC. 1996 STOCK OPTION PLAN (the
"Plan") is intended to provide a means whereby certain employees of SOUTHWEST
BANCORPORATION OF TEXAS, INC., a Texas corporation (the "Company"), and its
subsidiaries may develop a sense of proprietorship and personal involvement in
the development and financial success of the Company, and to encourage them to
remain with and devote their best efforts to the business of the Company,
thereby advancing the interests of the Company and its shareholders.
Accordingly, the Company may grant to certain employees ("Optionees") the option
("Option") to purchase shares of the common stock, $1.00 par value, of the
Company ("Stock"), as hereinafter set forth. Options granted under the Plan may
be either incentive stock options, within the meaning of section 422(b) of the
Internal Revenue Code of 1986, as amended (the "Code"), ("Incentive Stock
Options") or options which do not constitute Incentive Stock Options.

                               II. ADMINISTRATION

         The Plan shall be administered by a committee (the "Committee") of, and
appointed by, the Board of Directors of the Company (the "Board"), and the
Committee shall be (a) comprised solely of two or more outside directors (within
the meaning of section 162(m) of the Code and applicable interpretive authority
thereunder), and (b) constituted so as to permit the Plan to comply with Rule
16b-3, as currently in effect or as hereinafter modified or amended ("Rule
16b-3"), promulgated under the Securities Exchange Act of 1934, as amended (the
"1934 Act"). The Committee shall have sole authority to select the Optionees
from among those individuals eligible hereunder and to establish the number of
shares which may be issued under each Option; provided, however, that,
notwithstanding any provision in the Plan to the contrary, the maximum number of
shares that may be subject to Options granted under the Plan to an individual
Optionee during any calendar year may not exceed 500,000 (subject to adjustment
in the same manner as provided in Paragraph VIII hereof with respect to shares
of Stock subject to Options then outstanding). The limitation set forth in the
preceding sentence shall be applied in a manner which will permit compensation
generated under the Plan to constitute "performance-based" compensation for
purposes of section 162(m) of the Code, including, without limitation, counting
against such maximum number of shares, to the extent required under section
162(m) of the Code and applicable interpretive authority thereunder, any shares
subject to Options that are canceled or repriced. In selecting the Optionees
from among individuals eligible hereunder and in establishing the number of
shares that may be issued under each Option, the Committee may take into account
the nature of the services rendered by such individuals, their present and
potential contributions to the Company's success and such other factors as the
Committee in its discretion shall deem relevant. The Committee is authorized to
interpret the Plan and may from time to time adopt such rules and regulations,
consistent with the provisions of the Plan, as it may deem advisable to carry
out the Plan. All decisions made by the Committee in selecting the

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Optionees, in establishing the number of shares which may be issued under each
Option and in construing the provisions of the Plan shall be final. If a
Committee is not appointed by the Board, the Board shall act as the Committee
for purposes of the Plan.

                             III. OPTION AGREEMENTS

         (a) Each Option shall be evidenced by a written agreement between the
Company and the Optionee ("Option Agreement") which shall contain such terms and
conditions as may be approved by the Committee. The terms and conditions of the
respective Option Agreements need not be identical. Specifically, an Option
Agreement may provide for the surrender of the right to purchase shares under
the Option in return for a payment in cash or shares of Stock or a combination
of cash and shares of Stock equal in value to the excess of the fair market
value of the shares with respect to which the right to purchase is surrendered
over the option price therefor ("Stock Appreciation Rights"), on such terms and
conditions as the Committee in its sole discretion may prescribe; provided,
that, except as provided in Subparagraph VIII(c) hereof, the Committee shall
retain final authority (i) to determine whether an Optionee shall be permitted,
or (ii) to approve an election by an Optionee, to receive cash in full or
partial settlement of Stock Appreciation Rights. Moreover, an Option Agreement
may provide for the payment of the option price, in whole or in part, by the
delivery of a number of shares of Stock (plus cash if necessary) having a fair
market value equal to such option price.

         (b) For all purposes under the Plan, the fair market value of a share
of Stock on a particular date shall be equal to the mean of the high and low
sales prices of the Stock (i) reported by the National Market System of NASDAQ
on that date or (ii) if the Stock is listed on a national stock exchange,
reported on the stock exchange composite tape on that date; or, in either case,
if no prices are reported on that date, on the last preceding date on which such
prices of the Stock are so reported. If the Stock is traded over the counter at
the time a determination of its fair market value is required to be made
hereunder, its fair market value shall be deemed to be equal to the average
between the reported high and low or closing bid and asked prices of Stock on
the most recent date on which Stock was publicly traded. In the event Stock is
not publicly traded at the time a determination of its value is required to be
made hereunder, the determination of its fair market value shall be made by the
Committee in such manner as it deems appropriate.

         (c) Each Option and all rights granted thereunder shall not be
transferable other than by will or the laws of descent and distribution or
pursuant to a qualified domestic relations order as defined by the Code or Title
I of the Employee Retirement Income Security Act of 1974, as amended, or the
rules thereunder, and shall be exercisable during the Optionee's lifetime only
by the Optionee or the Optionee's guardian or legal representative.

                           IV. ELIGIBILITY OF OPTIONEE

         Options may be granted only to individuals who are employees (including
officers and directors who are also employees) of the Company or any parent or
subsidiary corporation (as defined in section 424 of the Code) of the Company at
the time the Option is granted; provided, however, that Options which do not
constitute Incentive Stock Options may be granted to individuals who are
directors (but not also employees) of the Company or any such parent or

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subsidiary corporation. Options may be granted to the same individual on more
than one occasion. No Incentive Stock Option shall be granted to an individual
if, at the time the Option is granted, such individual owns stock possessing
more than 10% of the total combined voting power of all classes of stock of the
Company or of its parent or subsidiary corporation, within the meaning of
section 422(b)(6) of the Code, unless (i) at the time such Option is granted the
option price is at least 110% of the fair market value of the Stock subject to
the Option and (ii) such Option by its terms is not exercisable after the
expiration of five years from the date of grant. To the extent that the
aggregate fair market value (determined at the time the respective Incentive
Stock Option is granted) of stock with respect to which Incentive Stock Options
are exercisable for the first time by an individual during any calendar year
under all incentive stock option plans of the Company and its parent and
subsidiary corporations exceeds $100,000, such excess Incentive Stock Options
shall be treated as Options which do not constitute Incentive Stock Options. The
Committee shall determine, in accordance with applicable provisions of the Code,
Treasury Regulations and other administrative pronouncements, which of an
Optionee's Incentive Stock Options will not constitute Incentive Stock Options
because of such limitation and shall notify the Optionee of such determination
as soon as practicable after such determination.

                          V. SHARES SUBJECT TO THE PLAN

         The aggregate number of shares which may be issued under Options
granted under the Plan shall not exceed 4,500,000 shares of Stock. Such shares
may consist of authorized but unissued shares of Stock or previously issued
shares of Stock reacquired by the Company. Any of such shares which remain
unissued and which are not subject to outstanding Options at the termination of
the Plan shall cease to be subject to the Plan, but, until termination of the
Plan, the Company shall at all times make available a sufficient number of
shares to meet the requirements of the Plan. Should any Option hereunder expire
or terminate prior to its exercise in full, the shares theretofore subject to
such Option may again be subject to an Option granted under the Plan to the
extent permitted under Rule 16b-3. The aggregate number of shares which may be
issued under the Plan shall be subject to adjustment in the same manner as
provided in Paragraph VIII hereof with respect to shares of Stock subject to
Options then outstanding. Exercise of an Option in any manner, including an
exercise involving a Stock Appreciation Right, shall result in a decrease in the
number of shares of Stock which may thereafter be available, both for purposes
of the Plan and for sale to any one individual, by the number of shares as to
which the Option is exercised. Separate stock certificates shall be issued by
the Company for those shares acquired pursuant to the exercise of an Incentive
Stock Option and for those shares acquired pursuant to the exercise of any
Option which does not constitute an Incentive Stock Option.

                                VI. OPTION PRICE

         The purchase price of Stock issued under each Option shall be
determined by the Committee, but in the case of an Incentive Stock Option, such
purchase price shall not be less than the fair market value of Stock subject to
the Option on the date the Option is granted.

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                                VII. TERM OF PLAN

         The Plan shall be effective upon the date of its adoption by the Board,
provided the Plan is approved by the shareholders of the Company within twelve
months thereafter. Notwithstanding any provision in this Plan or in any Option
Agreement, no Option shall be exercisable prior to such shareholder approval.
Except with respect to Options then outstanding, if not sooner terminated under
the provisions of Paragraph IX, the Plan shall terminate upon and no further
Options shall be granted after the expiration of ten years from the date of its
adoption by the Board.

                    VIII. RECAPITALIZATION OR REORGANIZATION

         (a) The existence of the Plan and the Options granted hereunder shall
not affect in any way the right or power of the Board or the shareholders of the
Company to make or authorize any adjustment, recapitalization, reorganization or
other change in the Company's capital structure or its business, any merger or
consolidation of the Company, any issue of debt or equity securities, the
dissolution or liquidation of the Company or any sale, lease, exchange or other
disposition of all or any part of its assets or business or any other corporate
act or proceeding.

         (b) The shares with respect to which Options may be granted are shares
of Stock as presently constituted, but if, and whenever, prior to the expiration
of an Option theretofore granted, the Company shall effect a subdivision or
consolidation of shares of Stock or the payment of a stock dividend on Stock
without receipt of consideration by the Company, the number of shares of Stock
with respect to which such Option may thereafter be exercised (i) in the event
of an increase in the number of outstanding shares shall be proportionately
increased, and the purchase price per share shall be proportionately reduced,
and (ii) in the event of a reduction in the number of outstanding shares shall
be proportionately reduced, and the purchase price per share shall be
proportionately increased.

         (c) If the Company recapitalizes, reclassifies its capital stock, or
otherwise changes its capital structure (a "recapitalization"), the number and
class of shares of Stock covered by an option theretofore granted shall be
adjusted so that such Option shall thereafter cover the number and class of
shares of stock and securities to which the Optionee would have been entitled
pursuant to the terms of the recapitalization if, immediately prior to the
recapitalization, the Optionee had been the holder of record of the number of
shares of Stock then covered by such Option. If (i) the Company shall not be the
surviving entity in any merger, consolidation or other reorganization (or
survives only as a subsidiary of an entity), (ii) the Company sells, leases or
exchanges all or substantially all of its assets to any other person or entity,
(iii) the Company is to be dissolved and liquidated, (iv) any person or entity,
including a "group" as contemplated by Section 13(d)(3) of the 1934 Act,
acquires or gains ownership or control (including, without limitation, power to
vote) of more than 50% of the outstanding shares of the Company's voting stock
(based upon voting power), or (v) as a result of or in connection with a
contested election of directors, the persons who were directors of the Company
before such election shall cease to constitute a majority of the Board (each
such event is referred to herein as a "Corporate Change"), then, except as
expressly provided otherwise in the Committee's sole discretion in an Option
grant agreement, all outstanding Options shall fully vest and become fully
exercisable,

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effective as of the first business day immediately preceding the effective date
of such Corporate Change (or as of an earlier date determined by the Committee
pursuant to the following clause); provided, however, that, subject to such
acceleration of vesting of the outstanding Options, no later than (a) ten days
after the approval by the shareholders of the Company of such merger,
consolidation, reorganization, sale, lease or exchange of assets or dissolution
or such election of directors or (b) thirty days after a change of control of
the type described in Clause (iv), the Committee, acting in its sole discretion
without the consent or approval of any Optionee, may, in its discretion, also
act to effect one or more of the following alternatives, which may vary among
individual Optionees and which may vary among Options held by any individual
Optionee: (1) provide that the Options may be exercised in full only for a
limited period of time on or before a specified date (before or after such
Corporate Change) fixed by the Committee, after which specified date all
unexercised Options and all rights of Optionees thereunder shall terminate, (2)
require the mandatory surrender to the Company by selected Optionees of some or
all of the outstanding Options held by such Optionees as of a date, before or
after such Corporate Change, specified by the Committee, in which event the
Committee shall thereupon cancel such Options and the Company shall pay to each
Optionee an amount of cash per share equal to the excess, if any, of the amount
calculated in Subparagraph (d) below (the "Change of Control Value") of the
shares subject to such Option over the exercise price(s) under such Options for
such shares, (3) make such adjustments (other than vesting) to Options then
outstanding as the Committee deems appropriate to reflect such Corporate Change
or (4) provide that the number and class of shares of Stock covered by an Option
theretofore granted shall be adjusted so that such Option shall thereafter cover
the number and class of shares of stock or other securities or property
(including, without limitation, cash) to which the Optionee would have been
entitled pursuant to the terms of the agreement of merger, consolidation or sale
of assets and dissolution if, immediately prior to such merger, consolidation or
sale of assets and dissolution, the Optionee had been the holder of record of
the number of shares of Stock then covered by such Option.

         (d) For the purposes of clause (2) in Subparagraph (c) above, the
"Change of Control Value" shall equal the amount determined in clause (i), (ii)
or (iii), whichever is applicable, as follows: (i) the per share price offered
to shareholders of the Company in any such merger, consolidation,
reorganization, sale of assets or dissolution transaction, (ii) the price per
share offered to shareholders of the Company in any tender offer or exchange
offer whereby a Corporate Change takes place, or (iii) if such Corporate Change
occurs other than pursuant to a tender or exchange offer, the fair market value
per share of the shares into which such Options being surrendered are
exercisable, as determined by the Committee as of the date determined by the
Committee to be the date of cancellation and surrender of such Options. In the
event that the consideration offered to shareholders of the Company in any
transaction described in this Subparagraph (d) or Subparagraph (c) above
consists of anything other than cash, the Committee shall determine the fair
cash equivalent of the portion of the consideration offered which is other than
cash.

         (e) Any adjustment provided for in Subparagraphs (b) or (c) above shall
be subject to any required shareholder action.

         (f) Except as hereinbefore expressly provided, the issuance by the
Company of shares of stock of any class or securities convertible into shares of
stock of any class, for cash, property, labor or services, upon direct sale,
upon the exercise of rights or warrants to subscribe

                                      -5-
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therefor, or upon conversion of shares or obligations of the Company convertible
into such shares or other securities, and in any case whether or not for fair
value, shall not affect, and no adjustment by reason thereof shall be made with
respect to, the number of shares of Stock subject to Options theretofore granted
or the purchase price per share.

                    IX. AMENDMENT OR TERMINATION OF THE PLAN

         The Board in its discretion may terminate the Plan at any time with
respect to any shares for which Options have not theretofore been granted. The
Board shall have the right to alter or amend the Plan or any part thereof from
time to time; provided, that no change in any Option theretofore granted may be
made which would impair the rights of the Optionee without the consent of such
Optionee; and provided, further, that (i) the Board may not make any alteration
or amendment which would decrease any authority granted to the Committee
hereunder in contravention of Rule 16b-3 and (ii) the Board may not make any
alteration or amendment which would materially increase the benefits accruing to
participants under the Plan, increase the aggregate number of shares which may
be issued pursuant to the provisions of the Plan, change the class of
individuals eligible to receive Options under the Plan or extend the term of the
Plan, without the approval of the shareholders of the Company.

                               X. SECURITIES LAWS

         (a) The Company shall not be obligated to issue any Stock pursuant to
any Option granted under the Plan at any time when the offering of the shares
covered by such Option have not been registered under the Securities Act of 1933
and such other state and federal laws, rules or regulations as the Company or
the Committee deems applicable and, in the opinion of legal counsel for the
Company, there is no exemption from the registration requirements of such laws,
rules or regulations available for the offering and sale of such shares.

         It is intended that the Plan and any grant of an Option made to a
person subject to Section 16 of the 1934 Act meet all of the requirements of
Rule 16b-3. If any provision of the Plan or any such Option would disqualify the
Plan or such Option under, or would otherwise not comply with, Rule 16b-3, such
provision or Option shall be construed or deemed amended to conform to Rule
16b-3.

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