Document:

<PAGE>
                                                                  Exhibit 10.91

===============================================================================

                         REGISTRATION RIGHTS AGREEMENT

                                 by and between

                                 TEXTRON INC.,

                              TEXTRON HOLDCO INC.

                                      and

                          COLLINS & AIKMAN CORPORATION

                         ------------------------------

                            Dated: December 20, 2001

                         ------------------------------

===============================================================================
<PAGE>
                               TABLE OF CONTENTS
<TABLE>
<CAPTION>
                                                                               PAGE
                                                                               ----
<S>                                                                           <C>
                                   ARTICLE I

                                  DEFINITIONS
1.1     Definitions..........................................................    1

                                   ARTICLE II

                 GENERAL; SECURITIES SUBJECT TO THIS AGREEMENT

2.1     Grant of Rights......................................................    5
2.2     Registrable Securities...............................................    5
2.3     Holders of Registrable Securities....................................    5

                                   ARTICLE III

                               DEMAND REGISTRATION

3.1     Request for Demand Registration......................................    6
3.2     Incidental or "Piggy-Back" Rights with Respect to a Demand
           Registration......................................................    7
3.3     Effective Demand Registration........................................    8
3.4     Expenses.............................................................    8
3.5     Underwriting Procedures..............................................    8
3.6     Selection of Underwriters............................................    9
3.7     Company Preemption Right; Existing Registration Rights Agreement.....    10

                                   ARTICLE IV

                    INCIDENTAL OR "PIGGY-BACK" REGISTRATION

4.1     Request for Incidental Registration.................................    10
4.2     Expenses............................................................    11

                                   ARTICLE V

                              HOLDBACK AGREEMENTS

5.1     Restrictions on Public Sale by Designated Holders...................    12
</TABLE>

                                      -i-
<PAGE>
<TABLE>
<CAPTION>
                                                                               PAGE
                                                                               ----
<S>                                                                            <C>
5.2     Restrictions on Public Sale by the Company..........................    12

                                   ARTICLE VI

                            REGISTRATION PROCEDURES

6.1     Obligations of the Company..........................................    13
6.2     Seller Information..................................................    16
6.3     Notice to Discontinue...............................................    17
6.4     Registration Expenses...............................................    17

                                   ARTICLE VII

                         INDEMNIFICATION; CONTRIBUTION

7.1     Indemnification by the Company......................................    18
7.2     Indemnification by Investors........................................    19
7.3     Conduct of Indemnification Proceedings..............................    19
7.4     Contribution........................................................    20

                                   ARTICLE VIII

                                   COVENANTS

8.1     Rule 144............................................................    21
8.2     Wasserstein and Blackstone Priority of Sale.........................    21

                                   ARTICLE IX

                                 MISCELLANEOUS

9.1     Recapitalizations, Exchanges, etc...................................    21
9.2     No Inconsistent Agreements..........................................    22
9.3     Remedies............................................................    22
9.4     Notices.............................................................    23
9.5     Successors and Assigns; Third Party Beneficiaries...................    24
9.6     Amendments and Waivers..............................................    25
9.7     Counterparts........................................................    25
9.8     Headings............................................................    25
9.9     GOVERNING LAW.......................................................    25
9.10    Severability........................................................    25
9.11    Rules of Construction...............................................    25
</TABLE>

                                      -ii-
<PAGE>
<TABLE>
<CAPTION>
                                                                           PAGE
                                                                           ----
<S>                                                                        <C>
9.12    Entire Agreement.................................................   25
9.13    Further Assurances...............................................   26
9.14    Other Agreements.................................................   26
</TABLE>

                                     -iii-
<PAGE>
                         REGISTRATION RIGHTS AGREEMENT

          REGISTRATION RIGHTS AGREEMENT, dated December 20, 2001, by and
between Collins & Aikman Corporation, a Delaware corporation (the "Company"),
Textron Inc., a Delaware corporation ("Parent"), and Textron Holdco Inc., a
Rhode Island corporation ("Textron Holdco").

          WHEREAS, pursuant to a Purchase Agreement, dated August 7, 2001, as
amended and restated as of November 30, 2001 (the "Purchase Agreement"), by and
among the Company, Parent and Collins & Aikman Products Co., Textron Holdco
will receive an aggregate of 18,000,000 shares of common stock, par value $0.01
per share (the "Common Stock"), of the Company; and

          WHEREAS, in order to induce Parent to cause Textron Holdco to
acquire, and Textron Holdco to acquire, shares of Common Stock as provided in
the Purchase Agreement, the Company has agreed to grant registration rights
with respect to the Registrable Securities (as hereinafter defined) as set
forth in this Agreement.

          NOW, THEREFORE, in consideration of the mutual covenants and
agreements set forth herein and for good and valuable consideration, the
receipt and adequacy of which are hereby acknowledged, the parties hereto agree
as follows:

                                   ARTICLE I

                                  DEFINITIONS

          1.1   Definitions. As used in this Agreement, and unless the context
requires a different meaning, the following terms have the meanings indicated:

          "Affiliate" has the meaning specified in the Purchase Agreement.

          "Agreement" means this Agreement as the same may be amended,
supplemented or modified in accordance with the terms hereof.

          "Approved Underwriter" has the meaning set forth in Section 3.6.

          "Becker Investors" has the meaning set forth in the Second Rights
Agreement as such term is defined therein on the date of the Purchase Agreement.

          "Blackstone Holders" has the meaning set forth in the Existing
Registration Rights Agreement as such term is defined therein on the date of the
Purchase Agreement.
<PAGE>
                                      -2-

          "Board of Directors" means the Board of Directors of the Company.

          "Business Day" means any day other than a Saturday, Sunday or other
day on which commercial banks in the State of New York are authorized or
required by law or executive order to close.

          "Commission" means the Securities and Exchange Commission or any
similar agency then having jurisdiction to enforce the Securities Act.

          "Common Stock" has the meaning set forth in the preamble to this
Agreement or any other capital stock of the Company into which such stock is
reclassified or reconstituted and any other common stock of the Company.

          "Company" has the meaning set forth in the preamble to this Agreement
and shall mean any successor thereto that has issued securities in exchange for
any Common Stock in connection with any merger or consolidation in which
securities of the Company is converted or exchanged, in whole or in part, into
such securities.

          "Company Offering" has the meaning set forth in Section 4.1.

          "Company Underwriter" has the meaning set forth in Section 4.1.

          "day" means any calendar day.

          "Demand Registration" has the meaning set forth in Section 3.1.

          "Designated Holder" means Parent and Textron Holdco and any
transferee thereof to whom Registrable Securities have been transferred in
accordance with Section 9.5, other than a transferee to whom Registrable
Securities have been transferred pursuant to a Registration Statement under the
Securities Act or Rule 144 under the Securities Act (or any successor rule
thereto).

          "Exchange Act" means the United States Securities Exchange Act of
1934, as amended, and the rules and regulations of the Commission thereunder.

          "Existing Registration Rights Agreement" means the Registration
Rights Agreement dated February 23, 2001 among Blackstone Capital Company II,
L.L.C., Heartland Industrial Partners, L.P. and the other named Heartland
Entities, Wasserstein/C&A Holdings, L.L.C. and the Company, as amended,
modified or supplemented in accordance with its terms to the extent any such
amendment, modification or supplement does not affect the rights or priorities
of Parent hereunder in an adverse manner.

          "Holders' Counsel" has the meaning set forth in Section 6.1(a).
<PAGE>
                                      -3-

          "Incidental Registration" has the meaning set forth in Section 4.1.

          "Indemnified Party" has the meaning set forth in Section 7.3.

          "Indemnifying Party" has the meaning set forth in Section 7.3.

          "Initiating Holders" has the meaning set forth in Section 3.1.

          "Inspector" has the meaning set forth in Section 6.1(g).

          "Investors" means, collectively, Parent and Textron Holdco and any
transferee thereof to whom Registrable Securities are transferred in accordance
with Section 9.5 of this Agreement.

          "Joan Investors" has the meaning set forth in the Second Rights
Agreement as such term is defined therein on the date of the Purchase Agreement
(other than immaterial changes to related persons, such as trusts and family
members, made prior to the date hereof, in the "Permitted Transferee"
definition).

          "Liability" has the meaning set forth in Section 7.1.

          "Majority of Designated Holders" means the Designated Holders holding
a majority of the Registrable Securities held by all Designated Holders.

          "Majority of Investors" means Investors holding a majority of all
Registrable Securities held by all Investors.

          "NASD" means the National Association of Securities Dealers, Inc.

          "New Private Equity Holders" means those Persons purchasing Common
Stock to finance, in part, the transactions contemplated by the Purchase
Agreement.

          "Non-Designated Stockholder" has the meaning set forth in Section 4.1.

          "Non-Designated Stockholder Offering" has the meaning set forth in
Section 4.1.

          "Parent" has the meaning set forth in the preamble to this Agreement.

          "Person" means any individual, firm, corporation, partnership, trust,
incorporated or unincorporated association, joint venture, joint stock company,
limited liability company, government (or an agency or political subdivision
thereof) or other entity of any kind, and shall include any successor (by
merger or otherwise) of such entity.
<PAGE>
                                      -4-

          "Purchase Agreement" has the meaning set forth in the preamble to
this Agreement.

          "Records" has the meaning set forth in Section 6.1(g).

          "Registrable Securities" means, subject to Section 2.2, each of the
following: (a) any and all shares of Common Stock acquired by an Investor
pursuant to the Purchase Agreement and (b) any securities of the Company issued
or issuable to any Investor with respect to the Registrable Securities by way
of stock dividend or stock split or in connection with a combination of shares,
recapitalization, merger, consolidation or other reorganization or otherwise
and any securities issuable upon conversion, exercise or exchange thereof.

          "Registration Expenses" has the meaning set forth in Section 6.4.

          "Registration Statement" means a registration statement filed
pursuant to the Securities Act.

          "Second Rights Agreement" means the Registration Rights Agreement
dated July 3, 2001 among the Becker Investors, the Joan Investors and the
Company, as amended, modified or supplemented in accordance with its terms to
the extent any such amendment, modification or supplement does not affect the
rights or priorities of Parent hereunder in an adverse manner.

          "Securities Act" means the United States Securities Act of 1933, as
amended, and the rules and regulations of the Commission promulgated thereunder.

          "Shares" means shares of Common Stock.

          "Valid Business Reason" has the meaning set forth in Section 3.1.

          "Wasserstein Holders" has the meaning set forth in the Existing
Registration Rights Agreement as such term is defined therein on the date of
the Purchase Agreement.

                                   ARTICLE II

                  GENERAL; SECURITIES SUBJECT TO THIS AGREEMENT

          2.1   Grant of Rights. The Company hereby grants registration rights
to the Designated Holders upon the terms and conditions set forth in this
Agreement.
<PAGE>
                                      -5-

          2.2   Registrable Securities. For the purposes of this Agreement,
Registrable Securities will cease to be Registrable Securities, when (i) a
Registration Statement covering such securities has been declared effective
under the Securities Act by the Commission and such securities have been
disposed of pursuant to such effective Registration Statement or (ii) with
respect to an Investor, the entire amount of such Investor's Registrable
Securities may be sold in a single sale, in the opinion of counsel reasonably
satisfactory to the Company and such Investor, each in their reasonable
judgment, without any limitation as to volume pursuant to Rule 144 (or any
successor provision then in effect) under the Securities Act. Notwithstanding
the foregoing clause (ii), to the extent Parent or any of its Affiliates
becomes an "affiliate" (as such term is used under Rule 144) of the Company by
reason of the exercise of remedies due to the occurrence of a "Voting Rights
Triggering Event" (as defined under the Certificate of Designation (as defined
in the Purchase Agreement and amended from time to time) relating to the
Redeemable Preferred Stock), any securities continuously and solely
beneficially owned by Parent (and/or its Affiliates) since the closing date of
the acquisition under the Purchase Agreement that would not be Registrable
Securities by reason of the preceding clause (ii) will regain their status as
Registrable Securities until the provisions of such clause (ii) would again
apply (if at all).

          2.3   Holders of Registrable Securities. A Person is deemed to be a
holder of Registrable Securities whenever such Person owns of record
Registrable Securities, or holds an option to purchase, or a security
convertible into or exercisable or exchangeable for, Registrable Securities
whether or not such acquisition or conversion has actually been effected. If
the Company receives conflicting instructions, notices or elections from two or
more Persons with respect to the same Registrable Securities, the Company may
act upon the basis of the instructions, notice or election received from the
registered owner of such Registrable Securities. Registrable Securities
issuable upon exercise of an option or upon conversion of another security
shall be deemed outstanding for the purposes of this Agreement.

                                   ARTICLE III

                               DEMAND REGISTRATION

          3.1   Request for Demand Registration. (a) A Majority of Designated
Holders (the "Initiating Holders") may each make a written request to the
Company to register, and the Company shall register, under the Securities Act
(other than pursuant to a Registration Statement on Form S-4 or S-8 or any
successor thereto) (a "Demand Registration"), the number of Registrable
Securities stated in such request; provided, however, that (1) the Company
shall not be obligated to effect more than two (2) such Demand Registrations
and (2) the Company shall not be obligated to proceed with a Demand
Registration at any time prior to October 1, 2002. For purposes of the
preceding sentence, two or more Registration Statements filed in
<PAGE>
                                      -6-

response to one demand shall be counted as one Demand Registration; provided,
however, that, except as otherwise provided herein, any such Registration
Statement filed at the request of an Initiating Holder and subsequently
withdrawn at the request of that Initiating Holder shall be counted as a Demand
Registration with respect to such Initiating Holder unless the withdrawing
Initiating Holder pays the expenses associated with such Registration
Statement, in which case such Demand Registration shall not be so counted.

          (b)   Notwithstanding anything to the contrary contained herein, no
Demand Registration need be effected by the Company within (1) six (6) months
after the effectiveness of any Registration Statement pursuant to a Demand
Registration hereunder or (2) within (x) six (6) months after the effectiveness
of any Registration Statement pursuant to a "demand registration" under the
Existing Registration Rights Agreement or the Second Rights Agreement, in each
case to the extent such demand registrations are provided for on the date of
the Purchase Agreement or under any other existing or future Common Stock
registration rights agreements granted in favor of the New Private Equity
Holders or any Registration Statement for any Company Offering, if such demand
registration becomes effective on or prior to the second anniversary of the
date hereof, or (y) 90 days after the effectiveness of any such Registration
Statement referred to in the preceding clause (x) , if such demand registration
becomes effective after the second anniversary of the date hereof. The Company
shall not be obliged to include more than (1) 10 million shares in a
Registration Statement declared effective on or prior to the second anniversary
of the date hereof or (2) 20 million shares in the case of a Registration
Statement declared effective after the second anniversary of the date hereof
but on or prior to the fourth anniversary of the date hereof (in each case, as
such numbers are equitably adjusted for stock splits, stock combinations and
similar events occurring after the date hereof) of Common Stock in any
Registration Statement pursuant to a Demand Registration, inclusive of any
Shares to be included pursuant to any incidental or piggy-back rights under
this Agreement, the Existing Registration Rights Agreement, the Second Rights
Agreement or any other existing or future Common Stock registration rights
agreements granted in favor of the New Private Equity Holders. If the Board of
Directors, in its good faith judgment, determines that any registration of
Registrable Securities should not be made or continued because it would
materially interfere with any financing, acquisition, corporate reorganization
or merger or other transaction involving the Company or any of its Subsidiaries
which is material to the Company (a "Valid Business Reason"), the Company may
(x) postpone filing a Registration Statement relating to a Demand Registration
until such Valid Business Reason no longer exists, but in no event for more
than 105 days, and (y) in case a Registration Statement has been filed relating
to a Demand Registration, if the Valid Business Reason has not resulted from
actions taken by the Company, the Company, upon the approval of a majority of
the Board of Directors, may cause such Registration Statement to be withdrawn
and its effectiveness terminated or may postpone amending or supplementing such
Registration Statement. For the purposes of certainty, the parties acknowledge
that in the event a Registration Statement is so withdrawn, it shall not count
as having been a Demand Registration for purposes of
<PAGE>
                                      -7-

the limit on the number of Demand Registrations set forth above. The Company
shall give written notice of its determination to postpone or withdraw a
Registration Statement and of the fact that the Valid Business Reason for such
postponement or withdrawal no longer exists, in each case, promptly after the
occurrence thereof.  Notwithstanding anything to the contrary contained herein,
the Company may not postpone or withdraw a filing under this Section 3.1 for
more than 105 days once in any twelve (12) month period. Each request for a
Demand Registration by the Initiating Holders shall state the number of the
Registrable Securities proposed to be sold and the intended method of
disposition thereof.

          3.2   Incidental or "Piggy-Back" Rights with Respect to a Demand
Registration. Each of the Designated Holders (other than Initiating Holders
which have requested a registration under Section 3.1) may offer its
Registrable Securities in connection with any Demand Registration pursuant to
this Section 3.2. Within five (5) Business Days after the receipt of a request
for a Demand Registration from an Initiating Holder, the Company shall (i) give
written notice thereof to all of the Designated Holders (other than Initiating
Holders which have requested a registration under Section 3.1) and (ii) subject
to Section 3.5, include in such registration all of the Registrable Securities
held by such Designated Holders from whom the Company has received a written
request for inclusion therein within ten (10) days of the receipt by such
Designated Holders of such written notice referred to in clause (i) above. Each
such request by such Designated Holders shall specify the number of Registrable
Securities proposed to be registered. The failure of any such Designated Holder
to respond within such 10-day period referred to in clause (ii) above shall be
deemed to be a waiver of such Designated Holder's rights under this Article III
with respect to such Demand Registration. Any such Designated Holder may waive
its rights under this Article III prior to the expiration of such 10-day period
by giving written notice to the Company, with a copy to the Initiating Holders.
If a Designated Holder sends the Company a written request for inclusion of
part or all of such Designated Holder's Registrable Securities in a Demand
Registration, such Designated Holder shall not be entitled to withdraw or
revoke such request without the prior written consent of the Company in its
sole discretion unless (A) in the case of the Initiating Holders only, the
Company will not include in a Registration Statement filed in accordance with
these provisions 75% or more of the Registrable Securities the Initiating
Holders included in its request for a Demand Registration or (B) as a result of
facts or circumstances arising after the date on which such request was made
relating to the Company or any of its Subsidiaries or to market conditions,
such Designated Holder reasonably determines that participation in such
registration would have a material adverse effect on such Designated Holder.

          3.3   Effective Demand Registration. Subject to Section 3.1, the
Company shall use its reasonable best efforts to cause any such Demand
Registration to become effective not later than 60 days after it receives a
request under Section 3.1. A registration shall not constitute a Demand
Registration until it has become effective and remains continuously effective
for the shorter of (i) 60 days and (ii) the period during which all Registrable
Securities regis-
<PAGE>
                                      -8-

tered in the Demand Registration are sold; provided, however, that a
registration shall not constitute a Demand Registration if (v) the Company has
breached any of its material obligations under this Agreement in any material
respect, (w) after such Demand Registration has become effective, such
registration or the related offer, sale or distribution of Registrable
Securities thereunder is interfered with by any stop order, injunction or other
order or requirement of the Commission or other governmental agency or court
for any reason not attributable to the Initiating Holders and such interference
is not thereafter eliminated, (x) the conditions specified in the underwriting
agreement, if any, entered into in connection with such Demand Registration are
not satisfied or waived for any reason other than a breach by the Initiating
Holder or any other Designated Holder or (y) the Company exercises its rights
of postponement, termination or withdrawal under Section 3.1 or (z) as provided
in the last sentence of Section 3.5.

          3.4   Expenses. The Company shall pay all Registration Expenses in
connection with the registration of Registrable Securities under this Article
III, whether or not the Registration Statement therefor becomes effective,
except as otherwise provided herein.

               3.5   Underwriting Procedures. If the Company or the Initiating
     Holders holding a majority of the Registrable Securities held by all of
     the Initiating Holders so elect, the Company shall use its reasonable best
     efforts to cause such Demand Registration to be in the form of a firm
     commitment underwritten offering and the managing underwriter or
     underwriters selected for such offering shall be the Approved Underwriter
     selected in accordance with Section 3.6. In connection with any Demand
     Registration under this Article III involving an underwritten offering,
     none of the Registrable Securities held by any Designated Holder making a
     request for inclusion of such Registrable Securities pursuant to Section
     3.2 hereof shall be included in such underwritten offering unless such
     holder accepts the terms of the offering as agreed upon by the Company,
     the Initiating Holders and the Approved Underwriter (including execution
     of an escrow agreement and/or a power of attorney with respect to the
     disposition of the Registrable Securities), and then only in such quantity
     as will not, in the opinion of the Approved Underwriter, jeopardize the
     success of such offering by the Initiating Holders.  If the Approved
     Underwriter advises the Company that the aggregate amount of such
     Registrable Securities requested to be included in such offering is
     sufficiently large to have a material adverse effect on the success of
     such offering, then the Company shall include in such registration only
     the aggregate amount of Registrable Securities that the Approved
     Underwriter believes may be sold without any such material adverse effect
     and shall reduce the amount of Registrable Securities to be included in
     such registration to the extent of the amount of Registrable Securities
     that the Approved Underwriter believes may be sold without causing such
     material ad-
<PAGE>
                                      -9-

     verse effect. In such case Registrable Securities shall be included in the
     following order of priority: (1) first, any securities to be sold for the
     account of the Blackstone Holders and Wasserstein Holders, as required by
     the Existing Registration Rights Agreement (as such requirements are in
     effect on the date of the Purchase Agreement); (2) second, any Registrable
     Securities and other shares of Common Stock to be sold for the account of
     the Initiating Holders and any other Designated Holders (if any), pro rata
     based upon the number of Registrable Securities and other than shares of
     Common Stock then owned by them; and (3) third, any securities to be sold
     by the Company or any other Person exercising incidental or piggy-back
     registration rights.  If, by reason of the application of clause (1) or by
     reason of the share limitation set forth in Section 3.1(b) or if less than
     75% of the Registrable Securities which the Initiating Holders of the
     subject Demand Registration requested be registered are included in such
     registration, the registration shall not count as one of the two Demand
     Registrations to which such Initiating Holders are entitled.

          3.6   Selection of Underwriters. If any Demand Registration of
Registrable Securities is in the form of an underwritten offering, the Company
shall select and obtain an investment banking firm of national reputation to
act as the managing underwriter of the offering (the "Approved Underwriter");
provided that (i) the Approved Underwriter shall, in any case, also be approved
by a Majority of Initiating Holders, such approval not to be unreasonably
withheld, and (ii) if only securities of Investors are included in the
registration, the Initiating Holders shall have the right to select the
Approved Underwriter with the Company having the right to approve of such
selection, such approval not to be unreasonably withheld.

          3.7   Company Preemption Right; Existing Registration Rights
Agreement. Notwithstanding anything herein to the contrary, to the extent that
a Valid Business Reason exists for deferring, postponing or suspending a Demand
Registration, the Company shall be entitled to elect to pursue a Company
Offering (as hereinafter defined) in furtherance of such Valid Business Reason
and to thereby preempt the Demand Registration and defer, postpone or suspend
the Demand Registration, in which case the applicable demand shall not count as
a Demand Registration. In the event of a conflict between the provisions of
this Agreement and the provisions of the Existing Registration Rights Agreement
that provide for priority and cut-back in a registered offering of securities
(as such provisions are in effect on the date of the Purchase Agreement), the
provisions of the Existing Registration Rights Agreement (as such provisions
are in effect on the date of the Purchase Agreement) will govern.
<PAGE>
                                     -10-

                                   ARTICLE IV

                     INCIDENTAL OR "PIGGY-BACK" REGISTRATION

          4.1   Request for Incidental Registration. If the Company proposes to
file a Registration Statement under the Securities Act with respect to an
offering of Common Stock by the Company for its own account (other than a
Registration Statement on Form S-4 or S-8 or any successor thereto or in
connection with an offering made exclusively to stockholders of the Company
generally) (a "Company Offering") or for the account of any stockholder of the
Company other than one in which all Investors are participating under Article
III (each such Stockholder, a "Non-Designated Stockholder" and such offering a
"Non-Designated Stockholder Offering"), then the Company shall give written
notice of such proposed filing to each of the Investors at least ten (10)
Business Days before the anticipated filing date, and such notice shall
describe the proposed registration and distribution and offer such Investors
the opportunity to register the number of Registrable Securities held by such
Investor as each such Investors may request (an "Incidental Registration"). The
Company shall use its reasonable best efforts to cause the managing underwriter
or underwriters in the case of a proposed underwritten offering (the "Company
Underwriter") to permit each of the Investors who have requested in writing to
participate in the Incidental Registration to include its Registrable
Securities in such offering on the same terms and conditions as the securities
of the Company or the securities of such Non-Designated Stockholders, as the
case may be, included therein. In connection with any Incidental Registration
under this Section 4.1 involving an underwritten offering, the Company shall
not be required to include any Registrable Securities in such underwritten
offering unless the Investors thereof accept the terms of the underwritten
offering as agreed upon between the Company, such Non-Designated Stockholders,
if any, and the Company Underwriter (including execution of an escrow agreement
and/or a power of attorney with respect to the disposition of the Registrable
Securities), and then, subject to this Section 4.1, only in such quantity as
the Company Underwriter believes will not jeopardize the success of such
offering.  If the Company Underwriter determines that the registration of all
or part of the Registrable Securities which the Investors have requested to be
included would materially adversely affect the success of such offering, then
the Company shall be required to include in such Incidental Registration the
Registrable Securities only to the extent of the amount of Registrable
Securities that the Company Underwriter believes may be sold without causing
such material adverse effect, (i) in the case of a Company Offering: first, all
of the securities to be offered for the account of the Company; second, any
securities to be
<PAGE>
                                     -11-

offered for the account of Blackstone Holders and Wasserstein Holders as
required by the Existing Registration Rights Agreement (as such requirements
are in effect on the date of the Purchase Agreement), pro rata based on the
number of securities then owned by each; third, any securities to be offered
for the account of the Investors or the Becker Investors or the Joan Investors,
pro rata based on the number of securities then owned by each; and fourth, any
securities to be offered for the account of any other Person; and (ii) in the
case of a Non-Designated Stockholder Offering: first, the securities to be
offered for the account of Blackstone Holders and Wasserstein Holders pro rata
based on the number of Registrable Securities owned by each as required by
Section 4.1 of the Existing Registration Rights Agreement (as in effect on the
date of the Purchase Agreement); second, all of the securities to be offered by
such Persons as are exercising demand registration rights (other than Heartland
Industrial Partners, L.P., the New Equity Holders and their respective
Affiliates) and all of the securities of the Investors in respect of their
rights, if any, as "Priority Holders" under the Second Rights Agreement pro
rata based on the number of securities owned by each of them; third, all of the
securities to be offered for the account of the Company; fourth, any
Registrable Securities and other securities requested to be included in such
offering by the Investors or the Becker Investors or the Joan Investors pro
rata based on the number of Registrable Securities and other securities then
owned by each of them; and fifth, any shares of Common Stock owned by Heartland
Industrial Partners, L.P.  and its Affiliates and the New Private Equity
Holders pro rata based on the number of shares of Common Stock then owned by
each. Nothing in this Section 4.1 shall create any liability on the part of the
Company or any other Person to the Investors if the Company, for any reason,
decides not to file a Registration Statement proposed to be filed pursuant to
this Section 4.1 or to withdraw such Registration Statement subsequent to its
filing, regardless of any action whatsoever that an Investor may have taken,
whether as a result of the issuance by the Company of any notice under this
Section 4.1 or otherwise.

          4.2 Expenses.   The Company shall bear all Registration Expenses in
connection with any Incidental Registration pursuant to this Article IV,
whether or not such Incidental Registration becomes effective.

                                   ARTICLE V

                              HOLDBACK AGREEMENTS

          5.1   Restrictions on Public Sale by Designated Holders. To the
extent requested (A) by the Company, in the case of a non-underwritten public
offering and (B) by the Approved Underwriter or the Company Underwriter, as the
case may be, in the case of an underwritten public offering, each Investor
agrees (x) not to make any request for a Demand Registration under this
Agreement for the period referred to in Section 3.1(b) and (y) not to effect
any sale or distribution of any Common Stock or of any securities convertible
into or exchangeable or exercisable for Common Stock, including a sale pursuant
to Rule 144 under the Securities Act, or offer to sell, contract to sell
(including without limitation any short sale), grant any option to purchase or
enter into any hedging or similar transaction with the same economic effect as
a sale of Common Stock during the 120-day or, following the second anniversary
of the date hereof, 90 day period (or such shorter period, if any, agreed to by
the re-
<PAGE>
                                     -12-

questing party) beginning on the effective date of any Registration Statement
for such underwritten public offering (except as part of such registration);
provided the provisions of clause (y) shall terminate with respect to any
Registration Statement in which the Investor is not a selling stockholder to
the extent the Investors own less than 5% of the outstanding shares of Common
Stock of the Company. The Investors shall be relieved from any obligation
provided for in this Section to the extent that the Company or any holder of 5%
or more of the outstanding shares of Common Stock of the Company (or any person
within the common control of any such person or a family member of any such
person) subject to a registration rights agreement with the Company shall be
released from any obligation similar to the foregoing.

          5.2   Restrictions on Public Sale by the Company. The Company agrees
(a) not to effect any sale or distribution of any Common Stock, or any
securities convertible into or exchangeable or exercisable for Common Stock
(except pursuant to registrations on Form S-4 or S-8 or any successor thereto),
during the period beginning on the effective date of any Registration Statement
in which the Investors are participating and ending on (x) the date on which
all Registrable Securities registered on such Registration Statement are sold
(except as part of such registration) or (y) in the case of an underwritten
offering, on the 90th day (or such shorter period as may be agreed to by the
Investors or by the managing underwriter) after the effective date of any such
Registration Statement relating to a Demand Registration; provided that the
Company shall be relieved of any such obligation to the extent the Investors or
any other holder of 5% or more of the outstanding shares of Common Stock is
relieved of any such obligation and (b) to use commercially reasonable efforts
to cause its directors, executive officers and each beneficial owner of 5% or
more of the outstanding shares of Common Stock of the Company (other than the
Blackstone Investors or the Wasserstein Investors) to agree not to effect any
public sale or distribution of any Common Stock (or securities convertible or
exchangeable therefor) of the Company owned or controlled by them or their
respective family members at a time when the Company is restricted under the
preceding clause (a), except under such Registration Statement.

                                   ARTICLE VI

                             REGISTRATION PROCEDURES

          6.1   Obligations of the Company. Whenever registration of
Registrable Securities has been requested pursuant to Article III or Article IV
of this Agreement, the Company shall use its reasonable best efforts to effect
the registration and sale of such Registrable Securities in accordance with the
intended method of distribution thereof as quickly as practicable, and in
connection with any such request, the Company shall, as expeditiously as
possible:
<PAGE>
                                     -13-

          (a)   prepare and file with the Commission a Registration Statement on
     any form for which the Company then qualifies or which counsel for the
     Company shall deem appropriate and which form shall be available for the
     sale of such Registrable Securities in accordance with the intended method
     of distribution thereof, and use its reasonable best efforts to cause such
     Registration Statement to become effective; provided, however, that (x)
     before filing a Registration Statement or prospectus or any amendments or
     supplements thereto, the Company shall provide counsel selected by the
     Investors holding a majority of the Registrable Securities being
     registered in such registration ("Holders' Counsel") and any other
     Inspector with a reasonably adequate and appropriate opportunity to review
     and comment on such Registration Statement and each prospectus included
     therein (and each amendment or supplement thereto) to be filed with the
     Commission, subject to such documents being under the Company's control,
     and (y) the Company shall notify the Holders' Counsel and each seller of
     Registrable Securities of any stop order issued or threatened by the
     Commission and take all action required to prevent the entry of such stop
     order or to remove it if entered;

          (b)   prepare and file with the Commission such amendments and
     supplements to such Registration Statement and the prospectus used in
     connection therewith as may be necessary to keep such Registration
     Statement effective for the lesser of (x) 90 days and (y) such shorter
     period which will terminate when all Registrable Securities covered by
     such Registration Statement have been sold, and comply with the provisions
     of the Securities Act with respect to the disposition of all securities
     covered by such Registration Statement during such period in accordance
     with the intended methods of disposition by the sellers thereof set forth
     in such Registration Statement;

          (c)   furnish to each seller of Registrable Securities, prior to
     filing a Registration Statement, at least one copy of such Registration
     Statement as is proposed to be filed, and thereafter such number of copies
     of such Registration Statement, each amendment and supplement thereto (in
     each case including all exhibits thereto), and the prospectus included in
     such Registration Statement (including each preliminary prospectus) and
     any prospectus filed under Rule 424 under the Securities Act as each such
     seller may reasonably request in order to facilitate the disposition of
     the Registrable Securities owned by such seller;

          (d)   register or qualify such Registrable Securities under such other
     securities or "blue sky" laws of such jurisdictions as any seller of
     Registrable Securities may reasonably request, and to continue such
     qualification in effect in such jurisdiction for as long as required
     pursuant to the laws of such jurisdiction, or for as long as any such
     seller reasonably requests or until all of such Registrable Securities are
     sold, whichever is shortest, and do any and all other acts and things
     which may be reasonably necessary or advisable to enable any such seller
     to consummate the disposition in such ju-
<PAGE>
                                     -14-

     risdictions of the Registrable Securities owned by such seller; provided,
     however, that the Company shall not be required to (x) qualify generally
     to do business in any jurisdiction where it would not otherwise be
     required to qualify but for this Section 6.1(d), (y) subject itself to
     taxation in any such jurisdiction or (z) consent to general service of
     process in any such jurisdiction;

          (e)   notify each seller of Registrable Securities at any time when a
     prospectus relating thereto is required to be delivered under the
     Securities Act, upon discovery that, or upon the happening of any event as
     a result of which, the prospectus included in such Registration Statement
     contains an untrue statement of a material fact or omits to state any
     material fact required to be stated therein or necessary to make the
     statements therein, in light of the circumstances under which they were
     made, not misleading, and the Company shall promptly prepare a supplement
     or amendment to such prospectus and furnish to each seller of Registrable
     Securities a reasonable number of copies of such supplement to or an
     amendment of such prospectus as may be necessary so that, after delivery
     to the purchasers of such Registrable Securities, such prospectus shall
     not contain an untrue statement of a material fact or omit to state any
     material fact required to be stated therein or necessary to make the
     statements therein, in light of the circumstances under which they were
     made, not misleading;

          (f)   enter into and perform customary agreements (including an
     underwriting agreement in customary form with the Approved Underwriter or
     Company Underwriter, if any, selected as provided in Article III or
     and reasonably required in order to expedite or facilitate the disposition
     of such Registrable Securities;

          (g)   make available at reasonable times for inspection by any seller
     of Registrable Securities, any managing underwriter participating in any
     disposition of such Registrable Securities pursuant to a Registration
     Statement, Holders' Counsel and any attorney, accountant or other agent
     retained by any such seller or any managing underwriter (each, an
     "Inspector" and collectively, the "Inspectors"), all financial and other
     records, pertinent corporate documents and properties of the Company and
     its subsidiaries (collectively, the "Records") as shall be reasonably
     necessary to enable them to exercise their due diligence responsibility,
     and cause the Company's and its subsidiaries' officers, directors and
     employees, and the independent public accountants of the Company, to
     supply all information reasonably requested by any such Inspector in
     connection with such Registration Statement. Records that the Company
     determines, in good faith, to be confidential and which it notifies the
     Inspectors are confidential shall not be disclosed by the Inspectors (and
     the Inspectors shall confirm their agreement in writing in advance to the
     Company if the Company shall so request) unless (x) the disclosure of such
     Records is necessary, in the Company's judgment, to avoid
<PAGE>
                                     -15-

     or correct a misstatement or omission in the Registration Statement, (y)
     the release of such Records is ordered pursuant to a subpoena or other
     order from a court of competent jurisdiction after exhaustion of all
     appeals therefrom or (z) the information in such Records was known to the
     Inspectors on a non-confidential basis prior to its disclosure by the
     Company or has been made generally available to the public. Each seller of
     Registrable Securities agrees that it shall, upon learning that disclosure
     of such Records is sought in a court of competent jurisdiction, give
     notice to the Company and allow the Company, at the Company's expense, to
     undertake appropriate action to prevent disclosure of the Records deemed
     confidential;

          (h)   if such sale is pursuant to an underwritten offering, cause to
     be delivered "cold comfort" letters dated the effective date of the
     Registration Statement and the date of the closing under the underwriting
     agreement from the Company's independent public accountants in customary
     form and covering such matters of the type customarily covered by "cold
     comfort" letters as Holders' Counsel or the managing underwriter
     reasonably requests;

          (i)   if such sale is pursuant to an underwritten offering, cause to
     be furnished, at the request of any seller of Registrable Securities on
     the date such securities are delivered to the underwriters for sale
     pursuant to such registration or, if such securities are not being sold
     through underwriters, on the date the Registration Statement with respect
     to such securities becomes effective, an opinion, dated such date, of
     counsel representing the Company for the purposes of such registration,
     addressed to the underwriters, if any, and to the seller making such
     request, covering such legal matters with respect to the registration in
     respect of which such opinion is being given as the underwriters, if any,
     and such seller may reasonably request and are customarily included in
     such opinions;

          (j)   comply with all applicable rules and regulations of the
     Commission, and make available to its security holders, as soon as
     reasonably practicable but no later than fifteen (15) months after the
     effective date of the Registration Statement, an earnings statement
     covering a period of twelve (12) months beginning after the effective date
     of the Registration Statement, in a manner which satisfies the provisions
     of Section 11(a) of the Securities Act and Rule 158 thereunder;

          (k)   cause all such Registrable Securities to be listed on each
     securities exchange on which similar securities issued by the Company are
     then listed, provided that the applicable listing requirements are
     satisfied;

          (l)   keep Holders' Counsel advised in writing as to the initiation
     and progress of any registration under Article III or Article IV hereunder;
<PAGE>
                                     -16-

          (m)   cooperate with each seller of Registrable Securities and each
     underwriter participating in the disposition of such Registrable
     Securities and their respective counsel in connection with any filings
     required to be made with the NASD;

          (n)   make executive officers available to participate in customary
     road shows and other informational meetings as reasonably requested by any
     Approved Underwriter or Company Underwriter; and

          (o)   take all other steps reasonably necessary to effect the
     registration of the Registrable Securities contemplated hereby.

          6.2   Seller Information. (a) It shall be a condition precedent to
the obligation of the Company to include any Registrable Securities of any
Investor in a Registration Statement pursuant to this Agreement that the
Investor shall furnish to the Company such information regarding itself, the
Registrable Securities held by it, any other securities of the Company held by
it, and the intended method of disposition of such Registrable Securities as
shall be required to effect the registration of the Registrable Securities held
by such Investor, including, without limitation, all information required to be
disclosed in order to make the information previously furnished to the Company
by such Investor not materially misleading or necessary to cause such
Registration Statement not to omit a material fact with respect to such
Investor necessary in order to make the statements therein not misleading. Any
such Information shall be provided to the Company within any reasonable time
period requested by the Company.

          (b)   Each Investor shall notify the Company, at any time when a
prospectus is required to be delivered under applicable law, of the happening
of any event as a result of which the prospectus included in the applicable
Registration Statement, as then in effect, in each case only with respect to
information provided by such Holder, includes an untrue statement of a material
fact or omits to state a material fact required to be stated therein or
necessary to make the statements therein not misleading in light of the
circumstances then existing. Such Investor shall immediately upon the happening
of any such event cease using such prospectus.

          6.3   Notice to Discontinue. Each Investor agrees that, upon receipt
of any notice from the Company of the happening of any event of the kind
described in Section 6.1(e) or 6.2(b), such Investor shall forthwith
discontinue disposition of Registrable Securities pursuant to the Registration
Statement covering such Registrable Securities until such Investor's receipt of
the copies of the supplemented or amended prospectus contemplated by Section
6.1(e) and, if so directed by the Company, such Investor shall deliver to the
Company (at the Company's expense) all copies, other than permanent file copies
then in such Investor's possession, of the prospectus covering such Registrable
Securities which is current at the time of receipt of such notice. If the
Company shall give any such notice, the Company shall ex-
<PAGE>
                                     -17-

tend the period during which such Registration Statement shall be maintained
effective pursuant to this Agreement (including, without limitation, the period
referred to in Section 6.1(b)) by the number of days during the period from and
including the date of the giving of such notice pursuant to Section 6.1(e) to
and including the date when sellers of such Registrable Securities under such
Registration Statement shall have received the copies of the supplemented or
amended prospectus contemplated by and meeting the requirements of Section
6.1(e).

          6.4   Registration Expenses. The Company shall pay all expenses
arising from or incident to its performance of, or compliance with, this
Agreement, including, without limitation, (i) Commission, stock exchange and
NASD registration and filing fees, (ii) all fees and expenses incurred in
complying with securities or "blue sky" laws (including reasonable fees,
charges and disbursements of counsel to any underwriter incurred in connection
with "blue sky" qualifications of the Registrable Securities as may be set
forth in any underwriting agreement), (iii) all printing, messenger and
delivery expenses, (iv) the fees, charges and disbursements of counsel to the
Company and of its independent public accountants and any other accounting
fees, charges and expenses incurred by the Company (including, without
limitation, any expenses arising from any "cold comfort" letters or any special
audits incident to or required by any registration or qualification), (v) the
reasonable fees, charges and disbursements of Holders' Counsel not to exceed
$35,000 in respect of any one registration and (vi) any liability insurance or
other premiums for insurance obtained in connection with any Demand
Registration or piggy-back registration thereon or Incidental Registration
pursuant to the terms of this Agreement, regardless of whether such
Registration Statement is declared effective. All of the expenses described in
the preceding sentence of this Section 6.4 are referred to herein as
"Registration Expenses." Investors holding Registrable Securities sold pursuant
to a Registration Statement shall bear the expense of any broker's commission,
underwriter's discount or commission or transfer taxes relating to registration
and sale of such Investor's Registrable Securities and, subject to clause (v)
above, shall bear the fees and expenses of their own counsel.

                                   ARTICLE VII

                          INDEMNIFICATION; CONTRIBUTION

          7.1   Indemnification by the Company. The Company agrees to indemnify
and hold harmless each Investor, its partners, directors, officers, Affiliates
and each Person who controls (within the meaning of Section 15 of the
Securities Act) such Investor from and against any and all losses, claims,
damages, liabilities and expenses (including reasonable costs of investigation)
(each, a "Liability" and collectively, "Liabilities"), arising out of or based
upon (x) any untrue, or allegedly untrue, statement of a material fact
contained in any Registration Statement (as amended) or based upon any omission
or alleged omission to state
<PAGE>
                                     -18-

therein a material fact required to be stated therein or (y) any untrue, or
allegedly untrue, statement of a material fact contained in any prospectus or
preliminary prospectus (as amended or supplemented) or arising out of or based
upon any omission or alleged omission to state therein a material fact required
to be stated therein or necessary to make the statements therein not misleading
in light of the circumstances under which such statements were made or (z)
arising out of a violation or alleged violation by the Company of the
Securities Act, the Exchange Act, any federal or state securities law or any
rule or regulation promulgated under any such legislation, except insofar as
such Liability (i) arises out of or is based upon any untrue statement or
alleged untrue statement or omission or alleged omission contained in such
Registration Statement, preliminary prospectus or final prospectus in reliance
and in conformity with information concerning such Investor furnished in
writing to the Company by such Investor expressly for use therein or (ii) is
caused by any failure by the Investor to deliver a prospectus or preliminary
prospectus (or amendment or supplement thereto) as and when required under the
Securities Act after copies of such prospectus have been timely furnished by
the Company to the Investors in accordance with the provisions hereof. The
Company shall also provide customary indemnities to any underwriters of the
Registrable Securities, their officers, directors and employees and each Person
who controls such underwriters (within the meaning of Section 15 of the
Securities Act) to the same extent as provided above with respect to the
indemnification of the Investors.

          7.2   Indemnification by Investors. Each Investor agrees to indemnify
and hold harmless the Company, the other Investors, any underwriter retained by
the Company, each of their respective officers, directors and Affiliates and
each Person who controls the Company, the other Investors or such underwriter
(within the meaning of Section 15 of the Securities Act) to the same extent as
the foregoing indemnity from the Company to the Investors, but only if such
statement or alleged statement or omission or alleged omission was made in
reliance upon and in conformity with information with respect to such Investor
furnished in writing to the Company by such Investor expressly for use in such
Registration Statement or prospectus to the extent that the Liability results
from the statement, alleged statement, omission or alleged omission so made in
reliance upon and in conformity with such information; provided, however, that
the total amount to be indemnified by such Investor pursuant to Section 6.2
shall be limited to the net proceeds received by such Investor in the offering
to which the Registration Statement or prospectus relates.

          7.3   Conduct of Indemnification Proceedings. Any Person entitled to
indemnification hereunder (the "Indemnified Party") agrees to give prompt
written notice to the indemnifying party (the "Indemnifying Party") after the
receipt by the Indemnified Party of any written notice of the commencement of
any action, suit, proceeding or investigation or threat thereof made in writing
to the Indemnified Party for which the Indemnified Party intends to claim
indemnification or contribution pursuant to this Agreement; provided, however,
that the failure so to notify the Indemnifying Party shall not relieve the
Indemnifying Party of any Li-
<PAGE>
                                     -19-

ability that it may have to the Indemnified Party hereunder (except to the
extent that the Indemnifying Party is materially prejudiced or otherwise
forfeits substantive rights or defenses by reason of such failure). If notice
of commencement of any such action is given to the Indemnifying Party as above
provided, the Indemnifying Party shall be entitled to participate in and, to
the extent it may wish, jointly with any other Indemnifying Party similarly
notified, to assume the defense of such action at its own expense, with counsel
chosen by it and reasonably satisfactory to such Indemnified Party. The
Indemnified Party shall have the right to employ separate counsel in any such
action and participate in the defense thereof, but the fees and expenses of
such counsel shall be paid by the Indemnified Party unless (i) the Indemnifying
Party agrees to pay the same, (ii) the Indemnifying Party fails to assume the
defense of such action with counsel reasonably satisfactory to the Indemnified
Party or (iii) the named parties to any such action (including any impleaded
parties) include both the Indemnifying Party and the Indemnified Party and such
parties have been advised by such counsel that either (x) representation of
such Indemnified Party and the Indemnifying Party by the same counsel would be
inappropriate under applicable standards of professional conduct or (y) there
may be one or more legal defenses available to the Indemnified Party which are
different from or additional to those available to the Indemnifying Party. In
any of such cases, the Indemnifying Party shall not have the right to assume
the defense of such action on behalf of such Indemnified Party, it being
understood, however, that the Indemnifying Party shall not be liable for the
fees and expenses of more than one separate firm of attorneys (in addition to
any local counsel) for all Indemnified Parties. No Indemnifying Party shall be
liable for any settlement entered into without its written consent, which
consent shall not be unreasonably withheld. No Indemnifying Party shall,
without the consent of such Indemnified Party, which consent shall not be
unreasonably withheld, effect any settlement of any pending or threatened
proceeding in respect of which such Indemnified Party is a party and indemnity
has been sought hereunder by such Indemnified Party, unless such settlement
includes an unconditional release of such Indemnified Party from all Liability
for claims that are the subject matter of such proceeding.

          7.4   Contribution. If the indemnification provided for in this
Article VII from the Indemnifying Party is unavailable to an Indemnified Party
hereunder in respect of any Liabilities referred to herein, then the
Indemnifying Party, in lieu of indemnifying such Indemnified Party, shall
contribute to the amount paid or payable by such Indemnified Party as a result
of such Liabilities in such proportion as is appropriate to reflect the
relative fault of the Indemnifying Party and Indemnified Party in connection
with the actions which resulted in such Liabilities, as well as any other
relevant equitable considerations. The relative faults of such Indemnifying
Party and Indemnified Party shall be determined by reference to, among other
things, whether any action in question, including any untrue or alleged untrue
statement of a material fact or omission or alleged omission to state a
material fact, has been made by, or relates to information supplied by, such
Indemnifying Party or Indemnified Party, and the parties' relative intent,
knowledge, access to information and opportunity to correct or prevent
<PAGE>
                                     -20-

such action. The amount paid or payable by a party as a result of the
Liabilities referred to above shall be deemed to include, subject to the
limitations set forth in Sections 7.1, 7.2 and 7.3, any legal or other fees,
charges or expenses reasonably incurred by such party in connection with any
investigation or proceeding; provided that the total amount to be contributed
by such Investor shall be limited to the net proceeds received by such Investor
in the offering.

          The parties hereto agree that it would not be just and equitable if
contribution pursuant to this Section 7.4 were determined by pro rata
allocation or by any other method of allocation which does not take account of
the equitable considerations referred to in the immediately preceding
paragraph. No Person guilty of fraudulent misrepresentation (within the meaning
of Section 11(f) of the Securities Act) shall be entitled to contribution from
any Person who was not guilty of such fraudulent misrepresentation.

                                  ARTICLE VIII

                                    COVENANTS

          8.1   Rule 144. The Company covenants that it shall (a) file any
reports required to be filed by it under the Exchange Act and (b) take such
further action as each Investor of Registrable Securities may reasonably
request (including providing any information necessary to comply with Rule 144
under the Securities Act), all to the extent required from time to time to
enable such Investor to sell Registrable Securities without registration under
the Securities Act within the limitation of the exemptions provided by (i) Rule
144 under the Securities Act, as such rule may be amended from time to time, or
Regulation S under the Securities Act or (ii) any similar rules or regulations
hereafter adopted by the Commission. The Company shall, upon the request of any
Investor holding Registrable Securities, deliver to such Investor a written
statement as to whether it has complied with such requirements.

          8.2   Wasserstein and Blackstone Priority of Sale.  Notwithstanding
anything to the contrary set forth in this Agreement, in the event of any
registered public offering of Common Stock in which Blackstone Holders and/or
Wasserstein Holders, on the one hand, and any other stockholder of the Company
(including, without limitation, any Investor), on the other hand, desire or
intend to sell Common Stock, Blackstone Holders and Wasserstein Holders, pro
rata based on the number of shares of Common Stock then owned by each, shall
have an absolute right to sell prior to any other such holder in such offering.
<PAGE>
                                     -21-

                                   ARTICLE IX

                                  MISCELLANEOUS

          9.1   Recapitalizations, Exchanges, etc. The provisions of this
Agreement shall apply to the full extent set forth herein with respect to (i)
the shares of Common Stock, (ii) any and all shares of common stock of the
Company into which the shares of Common Stock are converted, exchanged or
substituted in any recapitalization or other capital reorganization by the
Company and (iii) any and all equity securities of the Company or any successor
or assign of the Company (whether by merger, consolidation, sale of assets or
otherwise) which may be issued in respect of, in conversion of, in exchange for
or in substitution of, the shares of Common Stock and shall be appropriately
adjusted for any stock dividends, splits, reverse splits, combinations,
recapitalizations and the like occurring after the date hereof. The Company
shall cause any successor or assign (whether by merger, consolidation, sale of
assets or otherwise) to assume this Agreement with the Investors on terms
substantially the same as this Agreement as a condition of any such transaction.

          9.2   No Inconsistent Agreements. (a) The Company represents and
warrants that it has not granted to any Person, other than pursuant to the
Existing Registration Rights Agreement and the Second Rights Agreement, the
right to request or require the Company to register any securities issued by
the Company, other than the rights granted to the Investors herein.

          (b)   The Company represents and warrants that the rights granted to
Persons pursuant to the Existing Registration Rights Agreement and the Second
Rights Agreement are not inconsistent with the rights granted to Persons in
this Agreement in any material respect. Further, it is the Company's
interpretation that in the event of an exercise by more than one party of a
right to a "Demand Registration" under Section 3.1 of any of the Existing
Registration Rights Agreement, the Second Rights Agreement or this Agreement,
only the party or group that is first in time to exercise such demand will be
considered by the Company to have made a "demand registration" under the
applicable agreement and all others will be considered by the Company to be
exercising incidental or piggy-back registration rights (except as contemplated
by Section 3.2 of any such agreement as such section is in effect on the date
of the Purchase Agreement). The Company also agrees that its right of priority
as between itself and the applicable Investors are governed by Sections 3.5 and
4.1 of this Agreement and not by those sections of the Existing Registration
Rights Agreement or the Second Rights Agreement. The Company shall not enter
into any agreement or modification, amendment or supplement to any existing
agreement that is inconsistent with the rights granted in this Agreement or
grant any additional rights to any Person with respect to securities of the
Company inconsistent with the rights granted in this Agreement in any material
respect.  True and cor-
<PAGE>
                                     -22-

rect copies of the Existing Registration Rights Agreement and the Second Rights
Agreement as in effect on the date hereof have been provided to Parent. The
Company acknowledges and agrees that Parent is relying upon the Existing
Registration Rights Agreement and the Second Rights Agreement as in effect on
the date of the Purchase Agreement and Parent is aware that the Joan Investors
have not yet signed the Second Rights Agreement. The Company agrees that,
without the consent of Parent, neither the Existing Registration Rights
Agreement nor the Second Rights Agreement will be amended or modified,
including in negotiations to finalize the Second Rights Agreement with the Joan
Investors in a manner which is adverse to Parent, including without limitation
with respect to increasing the number of demand registrations, changing the
first date upon which a demand registration may be made and eliminating or
reducing holdback arrangements in a manner adverse to an offering by Parent
pursuant to the terms hereof.

          9.3   Remedies. The Investors, in addition to being entitled to
exercise all rights granted by law, including recovery of damages, shall be
entitled to specific performance of their rights under this Agreement. The
Company agrees that monetary damages would not be adequate compensation for any
loss incurred by reason of a breach by it of the provisions of this Agreement
and hereby agrees to waive in any action for specific performance the defense
that a remedy at law would be adequate.

          9.4   Notices. All notices, demands and other communications provided
for or permitted hereunder shall be made in writing and shall be made by
telecopier, courier service or personal delivery:

          (a)   if to the Company:

                    Collins & Aikman Corporation
                    5755 New King Court
                    Troy, Michigan  48098
                    Fax:   (248) 824-1512
                    Attn:  Thomas E. Evans, CEO
                    Fax:   (248) 824-1882
                    Attn:  Ronald T. Lindsay, Esq., General Counsel
<PAGE>
                                     -23-

                    with a copy to:

                    Cahill Gordon & Reindel
                    80 Pine Street
                    17th Floor
                    New York, New York  10005
                    Fax:   (212) 269-5420
                    Attn:  W. Leslie Duffy, Esq.
                           Jonathan A. Schaffzin, Esq.

          (b)   if to the Investors:

                    Textron Inc.
                    40 Westminster Street
                    Providence, RI 02903
                         Attention: Terrance O'Donnell
                         Executive Vice President and General Counsel
                    (401) 457-2555 (telephone)
                    (401) 457-2418 (facsimile)

                    with a copy to:

                    Skadden, Arps, Slate, Meagher & Flom LLP
                    One Boston Street
                    Boston, MA 02108
                    Attention:  Louis A. Goodman, Esq.
                    (617) 573-4800 (telephone)
                    (617) 573-4822 (facsimile)

          All such notices, demands and other communications shall be deemed to
have been duly given when delivered by hand, if personally delivered; when
delivered by courier, if delivered by commercial courier service; the next
Business Day after being deposited in the mail, postage prepaid, if mailed; and
when receipt is mechanically acknowledged, if telecopied. Any party may by
notice given in accordance with this Section 9.4 designate another address or
Person for receipt of notices hereunder, and the Company shall update its
record books accordingly.

          9.5   Successors and Assigns; Third Party Beneficiaries. This
Agreement shall inure to the benefit of and be binding upon the successors and
permitted assigns of the parties hereto as hereinafter provided. All rights
under and the benefit of this Agreement, including without limitation the Demand
Registration rights contained in Article III hereof, shall be with
<PAGE>
                                     -24-

respect to any Registrable Security that is transferred to an Affiliate of
Parent, automatically transferred to such transferee who agrees in writing to
be bound hereby. All rights under and benefits of this Agreement, including
without limitation each of the two Demand Registration Rights, may be assigned
in writing to a transferee to whom Parent and/or its Affiliates transfer
Registrable Securities constituting 25% or more of the number of shares of
Common Stock (approximately adjusted for stock splits, subdivisions and similar
events) originally issued pursuant to the Purchase Agreement, provided such
transferee agrees in writing to be bound hereby and such writing specifies the
assignment (it being agreed that if there are two such transferees, one of the
two Demand Registration Rights may be assigned to each such transferee). Except
as set forth in this Section 9.5, Demand Registration rights and related rights
are not assignable to any Person. The incidental or "piggy-back" registration
rights of the Investors contained in Article IV hereof and the related
provisions and benefits, with respect to any Registrable Security,
automatically transferred to any Person who is the transferee of such
Registrable Security.  All of the obligations of the Company hereunder shall
survive any such transfer.  Any assignment in violation of this Agreement shall
be null and void. Except as provided in Article VII, no Person other than the
parties hereto and their successors and permitted assigns is intended to be a
beneficiary of this Agreement.

          9.6   Amendments and Waivers. Except as otherwise provided herein,
the provisions of this Agreement may not be amended, modified or supplemented,
and waivers or consents to departures from the provisions hereof may not be
given, unless consented to in writing by (i) the Company and (ii) a Majority of
the Investors; provided, however, that consent need not be obtained from an
Investor in the case of any amendment, modification, supplement, waiver or
consent that does not affect such Investor. Any such written consent (or
amendment, modification, supplement, consent or waiver for which written
consent of a party is not required in accordance with this Section 9.6) shall
be binding upon the Company and all of the Investors.

          9.7   Counterparts. This Agreement may be executed in any number of
counterparts and by the parties hereto in separate counterparts, each of which
when so executed shall be deemed to be an original and all of which taken
together shall constitute one and the same agreement.

          9.8   Headings. The headings in this Agreement are for convenience of
reference only and shall not limit or otherwise affect the meaning hereof.

          9.9   GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REGARD
TO THE PRINCIPLES OF CONFLICTS OF LAW THEREOF.
<PAGE>
                                     -25-

          9.10   Severability. If any one or more of the provisions contained
herein, or the application thereof in any circumstance, is held invalid,
illegal or unenforceable in any respect for any reason, the validity, legality
and enforceability of any such provision in every other respect and of the
remaining provisions hereof shall not be in any way impaired, unless the
provisions held invalid, illegal or unenforceable shall substantially impair
the benefits of the remaining provisions hereof.

          9.11   Rules of Construction. Unless the context otherwise requires,
references to sections or subsections refer to sections or subsections of this
Agreement.

          9.12   Entire Agreement. This Agreement is intended by the parties as
a final expression of their agreement and intended to be a complete and
exclusive statement of the agreement and understanding of the parties hereto in
respect of the subject matter contained herein. There are no restrictions,
promises, representations, warranties or undertakings, other than those set
forth or referred to herein. This Agreement supersedes all prior agreements and
understandings among the parties with respect to such subject matter.

          9.13   Further Assurances. Each of the parties shall, and shall cause
their respective Affiliates to, execute such documents and perform such further
acts as may be reasonably required or desirable to carry out or to perform the
provisions of this Agreement.

          9.14   Other Agreements. Nothing contained in this Agreement shall be
deemed to be a waiver of, or release from, any obligations any party hereto may
have under, or any restrictions on the transfer of Registrable Securities or
other securities of the Company imposed by, any other agreement including, but
not limited to, the Purchase Agreement.

                  [Remainder of page intentionally left blank]
<PAGE>
                                      S-1

          IN WITNESS WHEREOF, the undersigned have executed, or have caused to
be executed, this Agreement on the date first written above.

                              COLLINS & AIKMAN CORPORATION

                              By:              /s/ Ronald T. Lindsay
                                     -------------------------------------------
                                     Name:     Ronald T. Lindsay
                                     Title:    Senior Vice President, General
                                               Counsel and Secretary

                              TEXTRON INC.

                              By:              /s/ John R. Curran
                                     -------------------------------------------
                                     Name:     John R. Curran
                                     Title:    Vice President

                              TEXTRON HOLDCO INC.

                              By:              /s/ Ann T. Willaman
                                     -------------------------------------------
                                     Name:     Ann T. Willaman
                                     Title:    Vice President and Secretary<PAGE>
                                                                  Exhibit 10.92

===============================================================================

                        PREFERRED STOCK REGISTRATION
                         AND OTHER RIGHTS AGREEMENT

                                   among

                        COLLINS & AIKMAN PRODUCTS CO.

                                    and

                                 TEXTRON INC.

                        Dated as of December 20, 2001

                               Relating to:

            182,700 shares of Series A1 Redeemable Preferred Stock
            123,700 shares of Series B1 Redeemable Preferred Stock
             20,000 shares of Series C1 Redeemable Preferred Stock

===============================================================================
<PAGE>
                              TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                           PAGE
                                                                           ----
<S>                                                                        <C>
1.   Definitions.........................................................    1

2.   Resale Assistance...................................................    8

3.   Shelf Registration..................................................   15

4.   Liquidated Damages..................................................   18

5.   Registration Procedures.............................................   21

6.   Expenses............................................................   26

7.   Indemnification.....................................................   27

8.   Underwritten Registrations..........................................   29

9.   Miscellaneous.......................................................   30

     (a)   Remedies......................................................   30
     (b)   No Inconsistent Agreements....................................   30
     (c)   Amendments and Waivers........................................   30
     (d)   Notices.......................................................   30
     (e)   Successors and Assigns........................................   31
     (f)   Counterparts..................................................   31
     (g)   Headings......................................................   31
     (h)   Governing Law.................................................   31
     (i)   Severability..................................................   31
     (j)   Securities Held by the Company or Its Affiliates..............   32
     (k)   Third-Party Beneficiaries.....................................   32
     (l)   Entire Agreement..............................................   32
</TABLE>

                                     -i-
<PAGE>
                        PREFERRED STOCK REGISTRATION
                         AND OTHER RIGHTS AGREEMENT

          PREFERRED STOCK REGISTRATION AND OTHER RIGHTS AGREEMENT(the
"Agreement") dated as of December 20, 2001, by and among Collins & Aikman
Products Co., a Delaware corporation (together with its successors, the
"Company"), and Textron Inc., a Delaware corporation (the "Parent").

          WHEREAS, pursuant to a Purchase Agreement, dated as of August 7,
2001, as amended and restated on November 30, 2001 (the "Purchase Agreement"),
by and between Parent, and Collins & Aikman Corporation and the Company,
Textron Holdco Inc., a Rhode Island corporation and wholly owned subsidiary of
Parent ("Textron Holdco"), will receive an initial aggregate of 182,700 shares
of Series A1 Redeemable Preferred Stock, without par value (together with all
other shares of preferred stock of the same series issued from time to time in
accordance with the Certificate of Designations, the "Series A1 Preferred
Stock"), of the Company and 123,700 shares of Series B1 Redeemable Preferred
Stock, without par value (together with all other shares of preferred stock of
the same series issued from time to time in accordance with the Certificate of
Designations, the "Series B1 Preferred Stock"), of the Company and 20,000
shares of Series C1 Redeemable Preferred Stock, without par value (together
with all other shares of preferred stock of the same series issued from time to
time in accordance with the Certificate of Designations, the "Series C1
Preferred Stock," and together with the Series A1 Preferred Stock and the
Series B1 Redeemable Preferred Stock, the "Securities"), of the Company; and

          WHEREAS, in order to induce Parent to cause Holdco to acquire, and
Textron Holdco to acquire, the Securities as provided in the Purchase
Agreement, the Company has agreed to grant registration rights with respect to
the Registrable Securities (as hereinafter defined) and certain other rights to
Parent as set forth in this Agreement.

          NOW, THEREFORE, in consideration of the mutual covenants and
agreements set forth herein and for good and valuable consideration, the
receipt and adequacy of which are hereby acknowledged, the parties hereto agree
as follows:

1.   Definitions

          As used in this Agreement, the following terms shall have the
following meanings:

          "144A Demand Date" means the date, on or after the earlier of (x) the
first anniversary of the Closing Date or (y) the later of (p) the 90th day
following the consummation of the Permanent Financing or (q) the 90th day after
the Closing Date. For the avoidance of
<PAGE>
                                     -2-

doubt, during the first year following the Closing Date, the 144A Demand Date
shall not occur prior to the time that the Investment Banks shall cease to have
any right to cause a Securities Demand.

          "144A Demand Notice" is defined in Section 2(a).

          "144A Marketing Assistance" means the Company's obligations under
Section 2(a) with respect to a 144A Resale following receipt of a 144A Demand
Notice (or comparable obligations under Section 3(c) in connection with an
Affiliate Shelf Election).

          "144A Minimum Resale" means one or more 144A Resales by Parent
resulting in the sale of more than 25% of the Securities initially held by
Parent to one or more Persons who are not Affiliates of Parent.

          "144A Resale" is defined in Section 2(a).

          "144A Resale Attempt" means an attempt to market and/or consummate a
144A Resale which shall be deemed to have been initiated upon the Company's
receipt of a 144A Demand Notice and shall be deemed to have been completed upon
the first to occur of (i) the termination of 144A Marketing Assistance in
accordance with Section 2(a) with respect to such 144A Resale Attempt or (ii)
the consummation of the subject 144A Resale.

          "Advice" is defined in the last paragraph of Section 5.

          "Affiliate" of any specified Person means any other Person, directly
or indirectly, controlling or controlled by or under direct or indirect common
control with such specified Person. For the purposes of this definition,
"control" when used with respect to any Person means the power to direct the
management and policies of such Person, directly or indirectly, whether through
the ownership of voting securities, by contract or otherwise and the terms
"controlling" and "controlled" have meanings correlative to the foregoing.

          "Affiliate Shelf Election" is defined in Section 3(c).

          "Affiliate Shelf Registration" is defined in Section 3(c).

          "Agreement" is defined in the first introductory paragraph to this
Agreement.

          "Blackout Period" means the period during which the Company (i) may
suspend the effectiveness of any Shelf Registration and/or suspend the use of
any related Prospectus, (ii) shall not be required to file, amend or supplement
any Shelf Registration, any related Prospectus or any document incorporated
therein by reference (other than an effective registration statement being used
for an underwritten offering) and (iii) shall not be required to provide 144A
Marketing Assistance pursuant to Section 2(a) or otherwise perform any of its
<PAGE>
                                     -3-

obligations thereunder. A "Blackout" shall exist (a) during any period, which
period shall not exceed an aggregate of 105 days in any 365 day period, for
which the Company determines in its good faith judgment that the disclosure of
an event at such time would materially interfere with any material financing,
acquisition, corporate reorganization or merger or other material transaction
and (b) during any period that the Company is actively pursuing a Par Offer.

          "Business Day" means any day other than a Saturday, Sunday or other
day on which commercial banks in the State of New York are authorized or
required by law or executive order to close.

          "Certificate of Designations" shall mean the Company's certificate of
designations relating to the Securities and the Exchange Securities.

          "Closing Date" means the Closing Date as defined in the Purchase
Agreement.

          "Commission" means the Securities and Exchange Commission or any
similar agency then having jurisdiction to enforce the Securities Act.

          "Common Stock" means any "Registrable Securities," as defined in the
Common Stock Registration Rights Agreements.

          "Common Stock Demand Registration" means any "Demand Registration,"
as defined in the Common Stock Registration Rights Agreements, involving an
underwritten offering of Common Stock pursuant to any of the Common Stock
Registration Rights Agreements.

          "Common Stock Registration Rights Agreements" means each of (i) the
Registration Rights Agreement, dated as of February 23, 2001, by and among
Blackstone Capital Company II, L.L.C., Heartland Industrial Partners, L.P.,
Wasserstein/C&A Holdings, L.L.C. and Collins & Aikman Corporation, (ii) the
Registration Rights Agreement, dated as of July 3, 2001, by and among Charles
E. Becker, Michael E. McInerney, Jens Hohnel, the Joan Investors (as defined
therein) and Collins & Aikman Corporation and (iii) the Registration Rights
Agreement, dated as of the Closing Date, by and among Parent and Collins &
Aikman Corporation.

          "Company" has the meaning set forth in the preamble to this Agreement
and shall mean any successor thereto that has issued Preferred Stock.

          "Debt Commitment Letter" means the Commitment Letter, dated as of
November 30, 2001 with The Chase Manhattan Bank, J.P. Morgan Securities Inc.,
Credit Suisse First Boston, Credit Suisse First Boston, Cayman Islands Branch,
Deutsche Bank.Alex Brown Inc., Bankers Trust Company and Merrill Lynch Capital
Corporation (including the Summa-
<PAGE>
                                     -4-

ries of Terms and Conditions annexed thereto), as amended, supplemented or
modified from time to time.

          "Designated Holder" means the Parent or any subsidiary of Parent and
any transferee to whom Registrable Securities have been transferred, other than
a transferee to whom Registrable Securities have been transferred pursuant to a
Registration Statement under the Securities Act or Rule 144 or Regulation S
under the Securities Act (or any successor rule thereto).

          "Effectiveness Date" means the 120th day after the Exchange Offer
Demand Date, in the case of the Exchange Registration Statement, and the
earlier of the 120th day after the delivery of the Shelf Notice and 90 days
after the date on which an Exchange Registration Statement would have had to be
declared effective hereunder, in the case of the Initial Shelf Registration;
provided each such period shall be extended by any Blackout Period.

          "Effectiveness Period" is defined in Section 3(a).

          "Event Date" is defined in Section 4(b).

          "Exchange Act" means the Securities Exchange Act of 1934, as amended,
and the rules and regulations promulgated by the Commission thereunder.

          "Exchange Offer" is defined in Section 2(b)(i).

          "Exchange Offer Demand Date" means the date of the receipt by the
Company of an Exchange Offer Demand Notice.

          "Exchange Offer Demand Notice" is defined in Section 2(b)(i).

          "Exchange Registration Statement" is defined in Section 2(b)(i).

          "Exchange Securities" is defined in Section 2(b)(i).

          "Filing Date" means the 60th day after the Exchange Offer Demand Date.

          "Holder" means a Person in whose name a Security is registered on the
Company's register.

          "Indemnified Party" is defined in Section 7(c).

          "Indemnifying Party" is defined in Section 7(c).

          "Initial Purchaser" is defined in Section 2(a).
<PAGE>
                                     -5-

          "Initial Shelf Registration" is defined in Section 3(a).

          "Inspectors" is defined in Section 5(m).

          "Investment Banks" has the meaning provided in the Debt Commitment
Letter.

          "Liability" is defined in Section 7(a).

          "Liquidated Damages" is defined in Section 4(a).

          "NASD" means the National Association of Securities Dealers, Inc.

          "Offering Document" means an offering memorandum of the Company
prepared for use in connection with a 144A Resale pursuant to Section 2(a)
hereof that is similar in form and substance to a Prospectus and also contains
the information required by subsection (d)(4) of Rule 144A (including, without
limitation, any Offering Document that is subject to completion and any
Offering Document that includes any information omitted from a previously
distributed Offering Document), as amended or supplemented, together with each
document incorporated by reference therein or that forms an exhibit, appendix,
schedule or attachment thereto.

          "Parent" is defined in the preamble to this Agreement and includes
any successor thereto and any subsidiary of Parent that is a Holder.

          "Parent Shelf Election" is defined in Section 3(b).

          "Parent Shelf Registration" is defined in Section 3(b).

          "Par Offer" means a Par Offer as defined in the Certificate of
Designations.

          "Permanent Financing" means the consummation on, prior to, or after
the Closing Date of the issuance and sale of Commitment Letter Securities as
contemplated by the Debt Commitment Letter such that the Investment Banks shall
thenceforth cease to have any right to cause a Securities Demand. For the
purposes of the foregoing, "Commitment Letter Securities," shall have the
meaning ascribed to the term "Securities" in the Debt Commitment Letter.

          "Person" means any individual, firm, corporation, partnership, trust,
incorporated or unincorporated association, joint venture, joint stock company,
limited liability company, government (or an agency or political subdivision
thereof) or other entity of any kind, and shall include any successor (by
merger or otherwise) of such entity.
<PAGE>
                                     -6-

          "Prospectus" means the prospectus included in any Registration
Statement (including, without limitation, any prospectus subject to
completion), as amended or supplemented by any prospectus supplement, with
respect to the terms of the offering of any portion of the Registrable
Securities covered by such Registration Statement, and all other amendments and
supplements to the Prospectus, including post-effective amendments, and all
material incorporated by reference or deemed to be incorporated by reference in
such Prospectus.

          "Purchase Agreement" is defined in the second introductory paragraph
to this Agreement and includes any amendment, supplement or modification
thereto.

          "Records" is defined in Section 5(m).

          "Registrable Securities" means each Security upon original issuance
thereof and at all times subsequent thereto and each Exchange Security if upon
original issuance thereof such Exchange Security may not be sold without
restriction under federal securities laws (other than due solely to the status
of such Holder as an affiliate of the Company within the meaning of the
Securities Act) (a "Restricted Exchange Security") until, in the case of any
such Security or Exchange Security, as the case may be, the earliest to occur
of (i) a Registration Statement (other than with respect to any Restricted
Exchange Security) covering such Security or Exchange Security, as the case may
be, has been declared effective by the Commission and such Security or Exchange
Security, as the case may be, has been disposed of in accordance with such
effective Registration Statement; (ii) such Security or Exchange Security, as
the case may be, may be sold in compliance with Rule 144 without volume or
manner of sale limitations; (iii) in the case of any Security, such Security
has been exchanged pursuant to the Exchange Offer for an Exchange Security or
Exchange Securities that may be resold without restriction under federal
securities laws; or (iv) such Security or Exchange Security, as the case may
be, ceases to be outstanding.

          "Registration Statement" means any registration statement of the
Company, including, but not limited to, the Exchange Registration Statement,
that covers any of the Registrable Securities pursuant to the provisions of
this Agreement, including the Prospectus, amendments and supplements to such
registration statement, post-effective amendments, all exhibits and all
material incorporated by reference or deemed to be incorporated by reference in
such registration statement.

          "Required Holders" means Holders holding a majority in liquidation
preference of the Registrable Securities.

          "Restricted Exchange Securities" is defined in the definition of
"Registrable Security."
<PAGE>
                                     -7-

          "Rule 144" means Rule 144 under the Securities Act, as such Rule may
be amended from time to time, or any similar rule (other than Rule 144A) or
regulation hereafter adopted by the Commission providing for offers and sales
of securities made in compliance therewith resulting in offers and sales by
subsequent holders of such securities that are not affiliates of the Company
being free of the registration and prospectus delivery requirements of the
Securities Act.

          "Rule 144A" means Rule 144A under the Securities Act, as such Rule
may be amended from time to time, or any similar rule (other than Rule 144) or
regulation hereafter adopted by the Commission.

          "Rule 415" means Rule 415 under the Securities Act, as such Rule may
be amended from time to time, or any similar rule or regulation hereafter
adopted by the Commission.

          "Securities" is defined in the second introductory paragraph to this
Agreement.

          "Securities Act" means the Securities Act of 1933, as amended, and
the rules and regulations promulgated by the Commission thereunder.

          "Securities Demand" has the meaning provided in the Debt Commitment
Letter.

          "Series A1 Preferred Stock" is defined in the second introductory
paragraph to this Agreement.

          "Series B1 Preferred Stock" is defined in the second introductory
paragraph to this Agreement.

          "Series C1 Preferred Stock" is defined in the second introductory
paragraph to this Agreement.

          "Shelf Exchange" is defined in Section 3(a).

          "Shelf Notice" is defined in Section 2(b)(iii).

          "Shelf Registration" is defined in Section 3(d).

          "Subsequent Shelf Registration" is defined in Section 3(d).

          "Textron Holdco" is defined in the second introductory paragraph to
this Agreement.
<PAGE>
                                     -8-

          "Triggering Event" means the earlier to occur of (i) Parent's
election to terminate all obligations of the Company under Section 2(a) hereof
to provide 144A Marketing Assistance with respect to the Registrable Securities
or (ii) the occurrence of a 144A Minimum Resale; provided, that if an event
described in the foregoing clauses (i) or (ii) shall occur prior to the
completion of the first 144A Resale Attempt, a Triggering Event shall be deemed
not to have occurred until such time as the first 144A Resale Attempt has been
completed.

          "underwritten registration or underwritten offering" means a
registration in which securities of the Company are sold to an underwriter for
reoffering to the public.

2.   Resale Assistance

          (a)   144A Marketing Assistance. At any time following the 144A
Demand Date, upon receipt of a written request from Parent (a "144A Demand
Notice"), the Company will provide reasonable and customary assistance to
Parent in completing a private resale of the Securities pursuant to Rule 144A
or another offering exempt from the registration requirements of the Securities
Act (a "144A Resale"), which assistance will involve the customary efforts an
issuer provides to initial purchasers in a private resale of securities
pursuant to Rule 144A; provided, that (A) the Company will not be required to
provide such assistance in connection with more than three 144A Resale Attempts
in aggregate; provided, that if Parent makes a Parent Shelf Election pursuant
to Section 3(b) hereof, the Company will not be required to provide such
assistance in connection with more than one 144A Resale Attempt (inclusive of
any 144A Resale Attempt which has been completed prior to the Parent Shelf
Election), (B) the Company will not be required to provide such assistance in
connection with more than one 144A Resale Attempt in any 270 day period, (C)
the Company's obligations pursuant to this Section 2(a) shall be suspended
during any Blackout Period, (D) Parent and the Company shall each act in good
faith to plan all activities in connection with any 144A Marketing Attempt so
as not to materially interfere with the Company's public financial reporting
process or any Common Stock Demand Registration, (E) Parent shall retain, at
its sole expense, a nationally recognized investment banking firm reasonably
acceptable to the Company to act as the initial purchaser or underwriter of
such 144A Resale on a firm commitment basis (the "Initial Purchaser"), it being
understood that so long as (I) Parent and the Initial Purchaser contemplate
entering into a firm commitment underwriting or purchase arrangement in
connection with the subject 144A Resale during the course of 144A Marketing
Assistance and (II) if such 144A Resale is consummated, it is consummated
pursuant to such a firm commitment underwriting or purchase arrangement, the
Initial Purchaser shall be deemed to be acting on a firm commitment basis, and
(F) prior to delivery of a 144A Demand Notice, Parent shall have been advised
by its anticipated Initial Purchaser in writing that it is reasonably confident
that there are potential purchasers of the Securities at such time. In
connection with such a 144A Resale, the Company's assistance shall include:
<PAGE>
                                     -9-

          (i)   The preparation of a preliminary Offering Document, omitting
     pricing related information, within 45 days of the Company's receipt of a
     properly given 144A Demand Notice; provided that before finalizing any
     such preliminary Offering Document the Company shall, if requested,
     furnish to and afford the Parent, its counsel and the Initial Purchaser,
     a reasonable opportunity to review copies of such preliminary Offering
     Document at least five (5) Business Days prior to finalizing such
     document. The Parent shall not be obligated to accept any preliminary
     Offering Document as to which it, its counsel or the Initial Purchaser
     shall reasonably object within five (5) Business Days of their receipt of
     such materials. Following the preparation of a preliminary Offering
     Document, within one Business Day of Parent's written request therefor (if
     received prior to 4:00 p.m., New York time, or two Business Days
     otherwise), the Company shall prepare a final Offering Document containing
     pricing information provided by Parent previously omitted from the
     preliminary Offering Document.

          (ii)   The notification of Parent, its counsel and the Initial
     Purchaser promptly (but in any event within three Business Days), and
     confirm such notice in writing, (A) of the issuance by the Commission of
     any order preventing or suspending the use of any preliminary Offering
     Document or the initiation of any proceedings for that purpose; (B) of the
     receipt by the Company of any notification with respect to the suspension
     of the qualification or exemption from qualification of a preliminary
     Offering Document or any of the Securities for offer or sale in any
     jurisdiction, or the initiation or threatening of any proceeding for such
     purpose; and (C) of the happening of any event, the existence of any
     condition or any information becoming known that makes any statement made
     in such preliminary Offering Document untrue in any material respect or
     that requires the making of any changes in, or amendments or supplements
     to, such preliminary Offering Document so that it will not contain any
     untrue statement of a material fact or omit to state any material fact
     required to be stated therein or necessary to make the statements therein,
     in the light of the circumstances under which they were made, not
     misleading.

          (iii)   The Company's use of its best efforts to prevent the issuance
     of any order preventing or suspending the use of an Offering Document or
     suspending the qualification (or exemption from qualification) of any of
     the Securities, for sale in any jurisdiction, and, if any such order is
     issued, the Company's use of its reasonable best efforts to obtain the
     withdrawal of any such order at the earliest possible date.

          (iv)   At any time prior to the earlier of (x) consummation of a 144A
     Resale of Securities covered by a final Offering Document or (y) the
     completion of the subject 144A Resale Attempt, upon the occurrence of any
     event contemplated by paragraph 2(ii)(C) hereof, as promptly as
     practicable preparing an amendment or supplement to
<PAGE>
                                    -10-

     the final Offering Document so that the Offering Document, as thereafter
     delivered to the purchasers of the Securities being sold thereunder, will
     not contain an untrue statement of a material fact or omit to state a
     material fact required to be stated therein or necessary to make the
     statements therein, in the light of the circumstances under which they
     were made, not misleading.

          (v)   The delivery to Parent, its counsel, and the Initial Purchaser
     of as many copies of the preliminary and final Offering Document as such
     Persons may reasonably request. The Company hereby consents to the use of
     any such Offering Document by Parent and the Initial Purchaser and dealers
     (if any), in connection with the offering and sale of the Securities
     covered by such Offering Document.

          (vi)   Prior to any 144A Resale of Securities covered by an Offering
     Document, the Company's use of its reasonable best efforts to register or
     qualify, and the cooperation with Parent, its counsel and the Initial
     Purchasers in connection with the registration or qualification (or
     exemption from such registration or qualification) of such Securities for
     offer and sale under the securities or Blue Sky laws of such state and
     local jurisdictions within the United States as Parent, or the Initial
     Purchaser may reasonably request in writing; the maintenance of
     effectiveness of each such registration or qualification (or exemption
     therefrom) during the period it is required to be kept effective and do
     any and the performance of all other acts or things reasonably necessary
     or advisable to enable the disposition in such jurisdictions of the
     Securities covered by the applicable Offering Document; provided that the
     Company shall not be required to (i) qualify generally to do business in
     any jurisdiction where it is not then so qualified; (ii) take any action
     that would subject it to general service of process in any such
     jurisdiction where it is not then so subject; or (iii) subject itself to
     taxation in excess of a nominal dollar amount in any such jurisdiction
     where it is not then so subject.

          (vii)   The cooperation with Parent and the Initial Purchaser to
     facilitate the timely preparation and delivery of certificates
     representing Securities to be sold, which certificates shall be in a form
     eligible for deposit with The Depository Trust Company and otherwise in
     such denominations and registered in such names as the Initial Purchaser
     or Parent may reasonably request.

          (viii)   Prior to the 144A Resale of the Securities covered by an
     Offering Document, (i) providing a transfer agent and registrar for such
     Securities, (ii) providing such transfer agent and registrar with
     certificates for such Securities in a form eligible for deposit with The
     Depository Trust Company, and (iii) providing a CUSIP number for such
     Securities.
<PAGE>
                                    -11-

          (ix)   Entering into and performing customary underwriting or
     purchase agreements with any Initial Purchaser selected as set forth above
     and making such representations and taking such other actions in
     connection therewith in order to or facilitate the 144A Resale of the
     Securities covered by an Offering Document as may be reasonably requested
     by Parent.

          (x)   Making available at reasonable times for inspection by Parent,
     its counsel and the Initial Purchaser participating in the 144A Resale all
     financial and other records, pertinent corporate documents and properties
     of the Company and its subsidiaries as shall be reasonably necessary to
     enable them to exercise their due diligence responsibility, and causing
     the Company's and its subsidiaries' officers, directors and employees, and
     the independent public accountants of the Company, to supply all
     information reasonably requested by any such persons in connection
     therewith.

          (xi)   Causing to be delivered to the Initial Purchaser (i) "cold
     comfort" letters dated the date of the underwriting or purchase agreement
     and the date of the closing under the underwriting or purchase agreement
     from the Company's independent public accountants in customary form and
     covering such matters of the type customarily covered by "cold comfort"
     letters (to the extent permitted by applicable accounting literature) as
     the Initial Purchaser reasonably requests, (ii) one or more opinions of
     counsel, dated the date of consummation of such 144A Resale, addressing
     customary matters relating to the Company, such 144A Resale and the
     Securities sold pursuant thereto, including, without limitation, a
     customary "10b-5" statement and (iii) such customary certificates from
     officers of the Company as the Initial Purchaser may reasonably request.

          (xii)   Making executive officers of the Company available to
     participate in customary road shows and other informational meetings with
     prospective purchasers as may reasonably requested by the Initial
     Purchaser; provided, that such road show or series of informational
     meetings shall not extend beyond a period of two weeks.

          (xiii)   The Company's use of its reasonable best efforts to cause
     the Securities covered by an Offering Document to be rated with the one or
     more nationally recognized rating agencies, if so requested by the Initial
     Purchaser.

          (xiv)   Obtaining the approval of The Depository Trust Company for
     "book-entry" transfer of the Securities, and compliance with all of its
     agreements set forth in the representation letters of the Company to DTC
     relating to the approval of the Securities by DTC for "book-entry"
     transfer.
<PAGE>
                                    -12-

          (xv)   The Company's use of its best efforts to effect the inclusion
     of Registrable Securities covered by an Offering Document in the PORTAL
     Market and to maintain such listing for so long as such Securities are
     Registrable Securities.

Parent may at any time, by irrevocable written notice to the Company, elect to
terminate all further obligations of the Company under this Section 2(a). Upon
receipt of such notice, the Company shall have no further obligations under
this Section 2(a), Section 3(c) or to provide any further 144A Marketing
Assistance.

          (b)   Exchange Offer. (i) At any time following the completion of a
144A Minimum Resale and prior to a Parent Shelf Election, but not more than
once, upon the written notice of Parent (the "Exchange Offer Demand Notice"),
the Company shall file a registration statement with the Commission no later
than the Filing Date, pursuant to which the Company shall offer to all Holders
to exchange (the "Exchange Offer") any and all of the Series A1 Preferred Stock
for Series A2 Redeemable Preferred Stock, without par value (together with all
other shares of preferred stock of the same series issued from time to time in
accordance with the Certificate of Designations, the "Series A2 Preferred
Stock"), of the Company, any and all of the outstanding Series B1 Preferred
Stock for Series B2 Redeemable Preferred Stock without par value (together with
all other shares of preferred stock of the same series issued from time to time
in accordance with the Certificate of Designations, the "Series B2 Preferred
Stock"), of the Company and any and all of the outstanding Series C1 Preferred
Stock for Series C2 Redeemable Preferred Stock, without par value (together
with all other shares of preferred stock of the same series issued from time to
time in accordance with the Certificate of Designations, the "Series C2
Preferred Stock"), of the Company; provided that the Company shall not be
required to extend the Exchange Offer to Parent unless Parent delivers to the
Company, at least five Business Days prior to the effectiveness of the Exchange
Registration Statement, an opinion of outside counsel, reasonably acceptable to
the Company, to the effect that Parent may participate in the Exchange Offer
and receive Exchange Securities on the date of the exchange that may be sold
without restriction under federal securities laws. As set forth in the
Certificate of Designation, the Series A2 Preferred Stock, the Series B2
Preferred Stock and the Series C2 Preferred Stock (considered together, the
"Exchange Securities"), will be identical in all material respects to the
Series A1 Preferred Stock, the Series B1 Preferred Stock and the Series C1
Preferred Stock, respectively, except that the Exchange Securities shall have
been registered pursuant to an effective Registration Statement under the
Securities Act and shall contain no restrictive legend thereon, except as
otherwise specifically required by the other provisions of this Agreement. The
Company shall not be obligated to effect more than one Exchange Offer. The
Exchange Offer shall be registered under the Securities Act on the appropriate
form (the "Exchange Registration Statement") and shall comply with all
applicable tender offer rules and regulations under the Exchange Act. The
Company agrees to use its reasonable best efforts to (i) file the initial
Exchange Registration Statement with the Commission on or prior to the Filing
Date; (ii) cause the Exchange
<PAGE>
                                    -13-

Registration Statement to be declared effective under the Securities Act on or
before the Effectiveness Date; (iii) keep the Exchange Offer open for at least
20 Business Days (or longer if required by applicable law) after the date that
notice of the Exchange Offer is first mailed to Holders; (iv) consummate the
Exchange Offer within 180 days of the Demand Date; and (v) concurrently with
the consummation of such Exchange Offer privately exchange any Securities held
by Parent for Exchange Securities (such exchange securities to contain any
appropriate restrictive legends required by law) having the same CUSIP number
as the corresponding Securities offered in the Exchange Offer.  Notwithstanding
the foregoing, all periods of time required hereunder may be extended for any
Blackout Period. If after such Exchange Registration Statement is initially
declared effective by the Commission, the Exchange Offer or the issuance of the
Exchange Securities thereunder is interfered with by any stop order, injunction
or other order or requirement of the Commission or any other governmental
agency or court, then such Exchange Registration Statement shall be deemed not
to have become effective for purposes of this Agreement. Each Holder who
participates in the Exchange Offer will be required to represent that any
Exchange Securities received by it will be acquired in the ordinary course of
its business, that at the time of the consummation of the Exchange Offer such
Holder will have no arrangement or understanding with any Person to participate
in the distribution of the Exchange Securities, that such Holder is not an
affiliate of the Company within the meaning of the Securities Act and any
additional representations that in the written opinion of counsel to the
Company are necessary under then-existing interpretations of the Commission in
order for the Exchange Registration Statement to be declared effective. Upon
consummation of the Exchange Offer in accordance with this Section 2(b)(i), the
Company shall have no further obligation to register Registrable Securities
pursuant to Section 3(a) of this Agreement or Section 3(d) of this Agreement
insofar as it relates to an Initial Shelf Registration or Subsequent
Registration thereto. No securities other than the Exchange Securities shall be
included in the Exchange Registration Statement.

          (ii)   In connection with the Exchange Offer, the Company shall:

          (1)   mail to each Holder a copy of the Prospectus forming part of
     the Exchange Registration Statement, together with an appropriate letter
     of transmittal and related documents;

          (2)   permit Holders to withdraw tendered Registrable Securities at
     any time prior to the close of business, New York time, on the last
     Business Day on which the Exchange Offer shall remain open; and

          (3)   otherwise comply in all material respects with all applicable
     laws.
<PAGE>
                                    -14-

          As soon as practicable after the close of the Exchange Offer, the
Company shall:

          (1)   accept for exchange all Registrable Securities validly tendered
     and not validly withdrawn pursuant to the Exchange Offer;

          (2)   promptly cancel or deliver to the designated transfer agent and
     registrar for cancellation all Registrable Securities so accepted for
     exchange; and

          (3)   deliver promptly or cause the designated transfer agent and
     registrar to deliver promptly to each Holder tendering such Registrable
     Securities, Exchange Securities, equal in aggregate liquidation preference
     to the Securities of such Holder so accepted for exchange.

          The Exchange Securities will be issued subject to the terms of the
Certificate of Designations.

          (iii)   In addition to conducting the Exchange Offer provided for in
Section 2(b)(i) above, if (i) because of any change in law or in currently
prevailing interpretations of the Commission, the Company reasonably determines
in good faith, based upon written advice of qualified outside counsel, that it
is not permitted to effect the Exchange Offer; (ii) the Exchange Offer is not
commenced on or prior to the Effectiveness Date; (iii) the Exchange Offer is,
for any reason, not consummated on or prior to the 180th day after the Demand
Date; or (iv) any Holder (excluding Parent) participating in an Exchange Offer
who has accurately made the representation called for in Section 2(b) causes to
be delivered to the Company an opinion of outside counsel to such Holder
reasonably acceptable to the Company to the effect that such Holder did not
receive Exchange Securities on the date of the exchange that may be sold
without restriction under federal securities laws, then the Company shall (in
the case of clause (iv) only, upon the written request of any affected Holder
(excluding Parent) received within 30 days of the consummation of the Exchange
Offer) promptly deliver to the Holders a written notice thereof (the "Shelf
Notice") and shall file a Shelf Registration pursuant to Section 3(a) covering
all Registrable Securities.

          (c)   Assistance in Connection with Other 144A Resales.  Prior to a
Parent Shelf Election, upon reasonable request and notice from Parent, the
Company will provide reasonable assistance to Parent from time to time in
connection with 144A Resales by Parent not requiring the 144A Marketing
Assistance provided for in Section 2(a). Such reasonable assistance shall not
count towards the maximum number of 144A Resale Attempts with respect to which
the Company is required to provide 144A Marketing Assistance pursuant to
Section 2(a). Such reasonable assistance shall include making executive
officers of the Company available, upon reasonable notice, to participate in
conference calls with persons believed by Parent in good faith to be interested
potential purchasers of the Securities; provided
<PAGE>
                                    -15-

that Parent shall act in good faith to limit the duration and frequency of such
conference calls such that in the aggregate such activities could not
reasonably interfere with such executive officers' performance of their regular
duties on behalf of the Company. In addition, in connection with any such 144A
Resale, (a) upon the request of Parent or any interested potential purchaser
identified by Parent, the Company shall as promptly as practicable (but in any
event within the time period specified in the Certificate of Designation)
provide the requesting Person information of the type described in subsection
(d)(iv) of Rule 144A and (b) prior to the effectiveness of the Exchange Offer
Registration Statement, upon request and reasonable notice from Parent, subject
to compliance with applicable law, the Company shall afford the benefits of
Section 2(b) to the Holders of any and all Securities eligible to participate
in the Exchange Offer, subject, in the case of Parent, to the delivery of the
opinion of counsel required under Section 2(b)(i).

3.   Shelf Registration

          (a)   Initial Shelf Registration. If a Shelf Notice is delivered as
contemplated by Section 2(b)(iii) at any time on or after the Exchange Offer
Demand Date, then the Company shall (i) privately exchange the Securities for
Exchange Securities (containing any appropriate restrictive legends as required
by law) having the same CUSIP number as the corresponding Securities offered in
the Exchange Offer (a "Shelf Exchange") and (ii) as promptly as reasonably
practicable file with the Commission a Registration Statement for an offering
to be made on a continuous basis pursuant to Rule 415 covering all of the
Registrable Securities issued in the Shelf Exchange (the "Initial Shelf
Registration"). The Company shall file with the Commission the Initial Shelf
Registration within 60 days of the delivery of the Shelf Notice and shall use
its reasonable best efforts to cause such Shelf Registration to be declared
effective, supplemented, amended and current under the Securities Act on or
prior to the Effectiveness Date. The Initial Shelf Registration shall be on
Form S-1 or another appropriate form permitting registration of all Exchange
Securities constituting Registrable Securities for resale by Holders in the
manner or manners designated by them (including, without limitation, one or
more underwritten offerings). The Company shall not permit any securities other
than the Registrable Securities to be included in any Initial Shelf
Registration.  Subject to any Blackout Period, the Company shall use its
reasonable best efforts to keep the Initial Shelf Registration continuously
effective, supplemented, amended and current under the Securities Act until the
date that is two years from the Closing Date (the "Effectiveness Period") or
such shorter period ending when (i) all Registrable Securities covered by the
Initial Shelf Registration have been sold in the manner set forth and as
contemplated in the Initial Shelf Registration or (ii) a Subsequent Shelf
Registration (as defined) covering all of the Registrable Securities has been
declared effective under the Securities Act.

          (b)   At any time following a Triggering Event and prior to the
subsequent delivery of a 144A Demand Notice or notice of an Affiliate Shelf
Election to the Company,
<PAGE>
                                    -16-

Parent may elect by written notice to the Company (x) to have the Company
register its Registrable Securities for public resale under the Securities Act
(a "Parent Shelf Election") or (y) to terminate all further obligations of the
Company under this Section 3(b). For the avoidance of doubt, Parent shall not
be permitted to make a Parent Shelf Election after initiating a second 144A
Resale Attempt or making an Affiliate Shelf Election. If Parent delivers notice
of a proper Parent Shelf Election to the Company, then the Company shall as
promptly as reasonably practicable file with the Commission a Registration
Statement for an offering to be made on a continuous basis pursuant to Rule 415
covering all of the Registrable Securities held by Parent (the "Parent Shelf
Registration"). The Company shall file with the Commission the Parent Shelf
Registration within 60 days of the delivery of the notice of the Parent Shelf
Election and shall use its reasonable best efforts to cause such Shelf
Registration to be declared effective, supplemented, amended and current under
the Securities Act on or prior to the 120th day following the Parent Shelf
Election. The Parent Shelf Registration shall be on Form S-1 or another
appropriate form permitting registration of all Registrable Securities for
resale by Parent. The Company shall not permit any securities other than the
Registrable Securities held by Parent to be included in any Parent Shelf
Registration. Subject to any Blackout Period, the Company shall use its
reasonable best efforts to keep the Parent Shelf Registration continuously
effective, supplemented, amended and current under the Securities Act until the
end of the Effectiveness Period or such shorter period ending when (i) all
Registrable Securities covered by the Parent Shelf Registration have been sold
in the manner set forth and as contemplated in the Parent Shelf Registration or
(ii) a Subsequent Shelf Registration (as defined) covering all of the
Registrable Securities has been declared effective under the Securities Act.

          (c)   At any time following the effectiveness of the Exchange Offer
Registration Statement or the Initial Shelf Registration Statement prior to
making a Parent Shelf Election, in lieu of (and counting as) a demand for 144A
Marketing Assitance pursuant to Section 2(a), Parent may elect by written
notice to the Company to have the Company register its Registrable Securities
for public resale under the Securities Act (an "Affiliate Shelf Election");
provided, that in connection with such request Parent receives the advice of
its outside legal counsel, reasonably acceptable to the Company, that Parent
would likely at such time be deemed to be an Affiliate of the Company for the
purposes of the Securities Act. For the avoidance of doubt, Parent's election
under this Section 3(c) shall take the place of one 144A Demand Notice to the
Company and shall be subject to clauses (A) through (F) of Section 2(a) (as if
the sale of Securities by Parent pursuant to an Affiliate Shelf Registration
were a 144A Resale) and, if Parent is not entitled to deliver a 144A Demand
Notice at the time of its election under this paragraph, the Company shall have
no further obligations under this Section 3(c). If Parent delivers notice of a
proper Affiliate Shelf Election to the Company, then the Company shall as
promptly as reasonably practicable file with the Commission a Registration
Statement for an offering to be made on a continuous basis pursuant to Rule 415
covering all of the Registrable Securities held by Parent (the "Affiliate Shelf
Registration"). The Com-
<PAGE>
                                    -17-

pany shall file with the Commission the Affiliate Shelf Registration within 60
days of the delivery of the notice of the Affiliate Shelf Election and shall
use its reasonable best efforts to cause such Shelf Registration to be declared
effective, supplemented, amended and current under the Securities Act on or
prior to the 120th day following the Affiliate Shelf Election. The Affiliate
Shelf Registration shall be on Form S-1 or another appropriate form permitting
registration of all Registrable Securities for resale by Parent. The Company
shall not permit any securities other than the Registrable Securities held by
Parent to be included in any Affiliate Shelf Registration. Subject to any
Blackout Period, the Company shall use its reasonable best efforts to keep the
Affiliate Shelf Registration continuously effective, supplemented, amended and
current under the Securities Act for 30 days following the effectiveness of the
Affiliate Shelf Registration; provided, that if a Blackout Period shall exist
at any time during which an Affiliate Shelf Registration would otherwise be
required to be effective hereunder, the Company shall use its reasonable best
efforts to keep the Affiliate Shelf Registration continuously effective,
supplemented, amended and current under the Securities Act for 30 days
following the conclusion of such Blackout Period. In connection with any Shelf
Registration pursuant to this Section 3(c), in addition to the registration
procedures set forth in Section 5, the Company shall provide marketing
assistance to Parent comparable to that called for by Section 2(a) and in
particular shall perform the activities described in Sections 2(a)(ix) through
2(a)(xiv) hereof (modified appropriately to account for the sale of Securities
pursuant to an Affiliate Shelf Registration as opposed to a 144A Resale).

          (d)   Subsequent Shelf Registrations. If the Initial Shelf
Registration, the Parent Shelf Registration an Affiliate Shelf Registration or
any Subsequent Shelf Registration (as defined) ceases to be effective for any
reason at any time during the Effectiveness Period (other than because of the
sale of all of the securities registered thereunder or because of the existence
of a Blackout Period), then the Company shall use its reasonable best efforts
to obtain the prompt withdrawal of any order suspending the effectiveness
thereof and in any event shall within 30 days of such cessation of
effectiveness amend the Shelf Registration in a manner to obtain the withdrawal
of the order suspending the effectiveness thereof, or file an additional
"shelf" Registration Statement pursuant to Rule 415 covering all of the
Registrable Securities previously included in the suspended Shelf Registration
(a "Subsequent Shelf Registration"). If a Subsequent Shelf Registration is
filed, then the Company shall use its reasonable best efforts to cause the
Subsequent Shelf Registration to be declared effective as soon as practicable
after such filing and to keep such Subsequent Shelf Registration continuously
effective (x) during the remainder of the Effectiveness Period in the case of a
Subsequent Shelf Registration to an Initial Shelf Registration or Parent Shelf
Registration or (y) for 30 days in the case of an Affiliate Shelf Registration.
As used herein the term "Shelf Registration" means the Initial Shelf
Registration, the Parent Shelf Registration, an Affiliate Shelf Registration
and any Subsequent Shelf Registration.
<PAGE>
                                    -18-

          (e)   Supplements and Amendments. The Company shall promptly
supplement and amend any Shelf Registration if required by the rules,
regulations or instructions applicable to the registration form used for such
Shelf Registration, if required by the Securities Act, or if reasonably
requested by the Required Holders (of the Registrable Securities covered by
such Shelf Registration), with the Company's consent, which consent shall not
be unreasonably withheld or delayed.

4.   Liquidated Damages

          (a)   The Company and the Parent agree that the Holders of
Registrable Securities will suffer damages if the Company fails to fulfill its
obligations under Section 2 or Section 3 hereof and that it would not be
feasible to ascertain the extent of such damages with precision. Accordingly,
the Company agrees to pay, as liquidated damages, in cash or in kind as
provided in Section 4(b), at the election of the Company ("Liquidated Damages")
to Holders of Registrable Securities under the circumstances and to the extent
set forth below (each of which shall be given independent effect):

          (i)   if (A) the Exchange Registration Statement has not been filed
     on or prior to the Filing Date or (B) notwithstanding that the Company has
     consummated or will consummate an Exchange Offer, the Company is required
     to file an Initial Shelf Registration and such Shelf Registration is not
     filed on or prior to the 60th day after delivery of the Shelf Notice,
     then, in the case of subclause (A), commencing on the day after the Filing
     Date or, in the case of subclause (B), commencing on the 61st day
     following delivery of the Shelf Notice, Liquidated Damages shall be
     payable to Holders of Registrable Securities (other than Parent) at a rate
     of 0.25% per annum of the aggregate liquidation preference of such
     Registrable Securities for the first 90 days immediately following the
     Filing Date or such 90th day after delivery of the Shelf Notice being
     given, as the case may be, such rate of Liquidated Damages increasing by
     an additional 0.25% per annum of the aggregate liquidation preference of
     the Registrable Securities at the beginning of each subsequent 90-day
     period;

          (ii)   if (A) the Exchange Registration Statement is not declared
     effective on or prior to the Effectiveness Date applicable thereto or (B)
     notwithstanding that the Company has consummated or will consummate an
     Exchange Offer, the Company is required to file an Initial Shelf
     Registration and such Shelf Registration is not declared effective by the
     Commission on or prior to the applicable Effectiveness Date, then,
     commencing on the day after such applicable Effectiveness Date, Liquidated
     Damages shall be payable to Holders of the Registrable Securities (other
     than Parent) at a rate of 0.25% per annum of the aggregate liquidation
     preference of the Registrable Securities for the first 90 days immediately
     following the day after the applicable Effectiveness Date, such rate of
     Liquidated Damages increasing by an additional 0.25% per annum
<PAGE>
                                    -19-

     of the aggregate liquidation preference of the Registrable Securities at
     the beginning of each subsequent 90-day period;

          (iii)   if (A) the Company has not exchanged Exchange Securities for
     all Securities validly tendered in accordance with the terms of the
     Exchange Offer 180 days after the Exchange Offer Demand Date; (B) the
     Exchange Registration Statement ceases to be effective prior to
     consummation of the Exchange Offer; or (C) if applicable, a Shelf
     Registration has been declared effective and such Shelf Registration
     ceases to be effective at any time during the Effectiveness Period (other
     than during a Blackout Period), then Liquidated Damages shall be payable
     to Holders of the Registrable Securities covered by such Shelf
     Registration at a rate of 0.25% per annum of the aggregate liquidation
     preference of the Registrable Securities for the first 90 days commencing
     on the (x) 91st day after such effective date in the case of (A) above or
     (y) day such Exchange Registration Statement or Shelf Registration ceases
     to be effective in the case of (B) and (C) above, such rate increasing by
     an additional 0.25% per annum of the aggregate liquidation preference of
     the Registrable Securities at the beginning of each such subsequent 90-day
     period;

          (iv)   if the Company is required to file a Parent Shelf Registration
     or an Affiliate Shelf Registration and such Shelf Registration is not
     filed on or prior to the 60th day after the Company receives notice of the
     Parent Shelf Election or an Affiliate Shelf Election, as the case may be,
     then commencing on the 61st day after the Company receives notice of the
     Parent Shelf Election or an Affiliate Shelf Election, as the case may be,
     Liquidated Damages shall be payable to Parent in respect of its
     Registrable Securities at a rate of 0.25% per annum of the aggregate
     liquidation preference of such Registrable Securities for the first 90
     days immediately following the 60th day after the Company receives notice
     of the Parent Shelf Election or an Affiliate Shelf Election, as the case
     may be, such rate of Liquidated Damages increasing by an additional 0.25%
     per annum of the aggregate liquidation preference of the Registrable
     Securities at the beginning of each subsequent 90-day period;

          (v)   if the Company is required to file a Parent Shelf Registration
     or an Affiliate Shelf Registration and such Shelf Registration is not
     declared effective on or prior to the 120th day after the Company receives
     notice of the Parent Shelf Election or Affiliate Shelf Election, as the
     case may be, then commencing on the 121st day after the Company receives
     notice of the Parent Shelf Election or Affiliate Shelf Election, as the
     case may be, Liquidated Damages shall be payable to Parent in respect of
     its Registrable Securities at a rate of 0.25% per annum of the aggregate
     liquidation preference of such Registrable Securities for the first 90
     days immediately following the 120th day after the Company receives notice
     of the Parent Shelf Election or Affiliate Shelf Election, as the case may
     be, such rate of Liquidated Damages increasing by an addi-
<PAGE>
                                    -20-

     tional 0.25% per annum of the aggregate liquidation preference of the
     Registrable Securities at the beginning of each subsequent 90-day period;
     and

          (vi)   if the Company is required to prepare a preliminary Offering
     Document in connection with a 144A Resale Attempt and such preliminary
     Offering Document is not finalized and made available to Parent on or
     prior to the 45th day after the Company receives the related 144A Demand
     Notice, then commencing on the 46th day after the Company receives the
     related 144A Demand Notice, Liquidated Damages shall be payable to Parent
     in respect of its Registrable Securities at a rate of 0.25% per annum of
     the aggregate liquidation preference of such Registrable Securities for
     the first 90 days immediately following the 45th day after the Company
     receives the related 144A Demand Notice, such rate of Liquidated Damages
     increasing by an additional 0.25% per annum of the aggregate liquidation
     preference of the Registrable Securities at the beginning of each
     subsequent 90-day period;

provided, however, that the rate of Liquidated Damages on the Registrable
Securities may not exceed in the aggregate 2.00% per annum of the aggregate
liquidation preference of the Registrable Securities; provided, further, that
(1) upon the filing of the Exchange Registration Statement or each Shelf
Registration (in the case of (i) or (iv) above); (2) upon the effectiveness of
the Exchange Registration Statement or each Shelf Registration, as the case may
be (in the case of (ii) or (v) above); (3) upon the exchange of Exchange
Securities for all Registrable Securities tendered (in the case of (iii)(A)
above) or upon the effectiveness of an Exchange Registration Statement or Shelf
Registration that had ceased to remain effective (in the case of (iii)(B) and
(C) above); or (4) upon the finalization and delivery to Parent of a
preliminary Offering Document (in the case of (vi) above), Liquidated Damages
as a result of such clause (or the relevant subclause thereof), as the case may
be, shall cease to accrue.

          (b)   The Company shall notify the Holders within three
business days after each and every date on which an event occurs in respect of
which Liquidated Damages are required to be paid (an "Event Date"). Any
Liquidated Damages due pursuant to (a)(i)-(vi) of this Section 4 may be paid, at
the Company's option, in cash or additional fully-paid and nonassessable
Securities or Exchange Securities, as appropriate, on each March 1, June 1,
September 1 and December 1 (to the Holders of Registrable Securities of record
on the regular record date therefor (as specified in the Certificate of
Designations) immediately preceding such dates), commencing with the first such
date occurring after any such Liquidated Damages commence to accrue. The amount
of Liquidated Damages will be determined by applying the applicable Liquidated
Damages rate to the aggregate liquidation preference of the Registrable
Securities outstanding on a daily basis during such period but utilizing a
360-day year comprised of twelve 30-day months. Notwithstanding the fact that
any Registrable Securities for which Liquidated Damages is due thereafter cease
to be Registrable Securities, all obligations of the Company to pay Liquidated
Damages with respect to such Registrable Securities
<PAGE>
                                    -21-

shall survive until such time as such obligations with respect to such
Registrable Securities shall have been satisfied in full.

          (c)   The parties hereto agree that the Liquidated Damages provided
for in this Section 4 constitutes the sole and exclusive remedy for a breach of
Sections 2 and 3 hereof and is a reasonable estimate of the damages that may be
incurred by Holders of Registrable Securities in the circumstances set forth in
Section 4(a). Notwithstanding anything herein to the contrary, no Liquidated
Damages shall be payable in respect of the first 90 days of any Blackout Period.

5.   Registration Procedures

          In connection with the filing of any Registration Statement pursuant
to Sections 2 or 3 hereof, the Company shall effect such registrations to
permit the sale of such securities covered thereby in accordance with the
intended method or methods of disposition thereof, and pursuant thereto and in
connection with any Registration Statement filed by the Company hereunder, the
Company shall:

          (a)   Prepare and file with the Commission prior to the Filing Date,
     the Exchange Registration Statement or Shelf Registration, as the case may
     be, as prescribed by Section 2 or 3 and use its reasonable best efforts to
     cause each such Registration Statement to become effective and remain
     effective as provided herein; provided that, if a Shelf Registration is
     filed pursuant to Section 3, before filing any Registration Statement or
     Prospectus or any amendments or supplements thereto, then the Company
     shall, if requested, furnish to and afford the Holders of the Registrable
     Securities to be registered pursuant to such Shelf Registration, covered
     by such Registration Statement, their counsel and the managing
     underwriters, if any, a reasonable opportunity to review copies of all
     such documents (including copies of any documents to be incorporated by
     reference therein and all exhibits thereto) proposed to be filed (in each
     case at least five (5) Business Days prior to such filing). The Company
     shall not file any such Registration Statement or Prospectus or any
     amendments or supplements thereto if the Required Holders (of Registrable
     Securities covered by such Registration Statement), their counsel, or the
     managing underwriters, if any, shall reasonably object within five (5)
     Business Days of their receipt of such materials.

          (b)   Prepare and file with the Commission such amendments and
     post-effective amendments to each Shelf Registration or Exchange
     Registration Statement, as the case may be, as may be necessary to keep
     such Registration Statement continuously effective for the Effectiveness
     Period; cause the related Prospectus to be supplemented by any Prospectus
     supplement required by applicable law, and as so supplemented to be filed
     pursuant to Rule 424 (or any similar provisions then in force) under the
     Securities Act; and comply with the provisions of the Securities Act and
     the
<PAGE>
                                    -22-

     Exchange Act applicable to it with respect to the disposition of all
     securities covered by such Registration Statement as so amended or in such
     Prospectus as so supplemented. The Company shall be deemed not to have
     used its reasonable best efforts to keep a Registration Statement
     effective during the Effectiveness Period if it voluntarily takes any
     action that would result in selling Holders of the Registrable Securities
     covered thereby not being able to sell such Registrable Securities during
     that period (other than during a Blackout Period) unless such action is
     required by applicable law, rule or regulation or unless the Company
     complies with this Agreement, including, without limitation, the
     provisions of paragraph 5(j) hereof and the last paragraph of Section 5.

          (c)   If a Shelf Registration is filed pursuant to Section 3, notify
     the selling Holders of Registrable Securities, their counsel and the
     managing underwriters, if any, promptly (but in any event within three
     Business Days), and confirm such notice in writing, (A) when a Prospectus
     or any Prospectus supplement or post-effective amendment has been filed,
     and, with respect to a Registration Statement or any post-effective
     amendment, when the same has become effective (including in such notice a
     written statement that any Holder may, upon request, obtain, without
     charge, one conformed copy of such Registration Statement or
     post-effective amendment including financial statements and schedules,
     documents incorporated or deemed to be incorporated by reference and
     exhibits); (B) of the issuance by the Commission of any stop order
     suspending the effectiveness of a Registration Statement or of any order
     preventing or suspending the use of any preliminary prospectus or the
     initiation of any proceedings for that purpose; (C) if at any time when a
     prospectus is required by the Securities Act to be delivered in connection
     with sales of the Registrable Notes the representations and warranties of
     the Company contained in any agreement (including any underwriting
     agreement contemplated by Section 5(l) hereof) cease to be true and
     correct in any material respect; (D) of the receipt by the Company of any
     notification with respect to the suspension of the qualification or
     exemption from qualification of a Registration Statement or any of the
     Registrable Securities for offer or sale in any jurisdiction, or the
     initiation or threatening of any proceeding for such purpose; (E) of the
     happening of any event, the existence of any condition or any information
     becoming known that makes any statement made in such Registration
     Statement or related Prospectus or any document incorporated or deemed to
     be incorporated therein by reference untrue in any material respect or
     that requires the making of any changes in, or amendments or supplements
     to, such Registration Statement, Prospectus or documents so that, in the
     case of the Registration Statement, it will not contain any untrue
     statement of a material fact or omit to state any material fact required
     to be stated therein or necessary to make the statements therein not
     misleading, and that, in the case of the Prospectus, it will not contain
     any untrue statement of a material fact or omit to state any material fact
     required to be stated therein or necessary to make the statements therein,
     in the light of the circumstances under which they were made, not
     misleading;
<PAGE>
                                    -23-

     and (F) of the Company's reasonable determination that a post-effective
     amendment to a Registration Statement would be appropriate.

          (d)   If a Shelf Registration is filed pursuant to Section 3, use its
     reasonable best efforts to prevent the issuance of any order suspending
     the effectiveness of a Registration Statement or of any order preventing
     or suspending the use of a Prospectus or suspending the qualification (or
     exemption from qualification) of any of the Registrable Securities, for
     sale in any jurisdiction, and, if any such order is issued, to use its
     reasonable best efforts to obtain the withdrawal of any such order at the
     earliest possible date.

          (e)   If a Shelf Registration is filed pursuant to Section 3 and if
     requested by the managing underwriters, if any, or the Required Holders
     (of Registrable Securities being sold in connection with an underwritten
     offering), (i) as promptly as practicable incorporate in a prospectus
     supplement or post-effective amendment such information or revisions to
     information therein relating to such underwriters or selling Holders as
     the managing underwriters, if any, or such Holders or their counsel
     reasonably request to be included or made therein; (ii) make all required
     filings of such prospectus supplement or such post-effective amendment as
     soon as practicable after the Company has received notification of the
     matters to be incorporated in such prospectus supplement or post-effective
     amendment and (iii) supplement or make amendments to such Registration
     Statement.

          (f)   If a Shelf Registration is filed pursuant to Section 3, furnish
     to each selling Holder of Registrable Securities and to counsel and each
     managing underwriter, if any, without charge, one conformed copy of the
     Registration Statement or Registration Statements and each post-effective
     amendment thereto, including financial statements and schedules, and, if
     requested, all documents incorporated or deemed to be incorporated therein
     by reference and all exhibits.

          (g)   If a Shelf Registration is filed pursuant to Section 3, deliver
     to each selling Holder of Registrable Securities, their respective
     counsel, and the underwriters, if any, without charge, as many copies of
     the Prospectus or Prospectuses (including each form of preliminary
     prospectus) and each amendment or supplement thereto and any documents
     incorporated by reference therein as such Persons may reasonably request;
     and, subject to the last paragraph of this Section 5, the Company hereby
     consents to the use of such Prospectus and each amendment or supplement
     thereto by each of the selling Holders of Registrable Securities, and the
     underwriters or agents, if any, and dealers (if any), in connection with
     the offering and sale of the Registrable Securities covered by such
     Prospectus and any amendment or supplement thereto.
<PAGE>
                                    -24-

          (h)   Prior to any public offering of Registrable Securities, use its
     reasonable best efforts to register or qualify, and cooperate with the
     selling Holders of Registrable Securities, the underwriters, if any, and
     their respective counsel in connection with the registration or
     qualification (or exemption from such registration or qualification) of
     such Registrable Securities for offer and sale under the securities or
     Blue Sky laws of such jurisdictions within the United States as any
     selling Holder, or the managing underwriter or underwriters, if any,
     reasonably request in writing; keep each such registration or
     qualification (or exemption therefrom) effective during the period such
     Registration Statement is required to be kept effective and do any and all
     other acts or things reasonably necessary or advisable to enable the
     disposition in such jurisdictions of the Registrable Securities covered by
     the applicable Registration Statement; provided that the Company shall not
     be required to (i) qualify generally to do business in any jurisdiction
     where it is not then so qualified; (ii) take any action that would subject
     it to general service of process in any such jurisdiction where it is not
     then so subject; or (iii) subject itself to taxation in excess of a
     nominal dollar amount in any such jurisdiction where it is not then so
     subject.

          (i)   If a Shelf Registration is filed pursuant to Section 3,
     cooperate with the selling Holders of Registrable Securities and the
     managing underwriter or underwriters, if any, to facilitate the timely
     preparation and delivery of certificates representing Registrable
     Securities to be sold, which certificates shall not bear any restrictive
     legends and shall be in a form eligible for deposit with The Depository
     Trust Company; and enable such Registrable Securities to be in such
     denominations and registered in such names as the managing underwriter or
     underwriters, if any, or Holders may reasonably request.

          (j)   If a Shelf Registration is filed pursuant to Section 3, upon
     the occurrence of any event contemplated by paragraph 5(c)(E) or 5(c)(F)
     hereof, as promptly as practicable prepare and (subject to Section 5(a)
     hereof and other than during a Blackout Period) file with the Commission,
     at the Company's sole expense, a supplement or post-effective amendment to
     the Registration Statement or a supplement to the related Prospectus or
     any document incorporated or deemed to be incorporated therein by
     reference, or file any other required document so that, as thereafter
     delivered to the purchasers of the Registrable Securities being sold
     thereunder, any such Prospectus will not contain an untrue statement of a
     material fact or omit to state a material fact required to be stated
     therein or necessary to make the statements therein, in the light of the
     circumstances under which they were made, not misleading.

          (k)   Prior to the effective date of the first Registration Statement
     relating to the Registrable Securities, (i) provide a transfer agent and
     registrar for the Registrable Securities, (ii) provide such transfer agent
     and registrar with certificates for the Regis-
<PAGE>
                                    -25-

     trable Securities in a form eligible for deposit with The Depository Trust
     Company; and (iii) provide a CUSIP number for the Registrable Securities.

          (l)   Comply with all applicable rules and regulations of the
     Commission and make generally available to its securityholders earning
     statements satisfying the provisions of Section 11(a) of the Securities
     Act and Rule 158 thereunder (or any similar rule promulgated under the
     Securities Act) no later than 45 days after the end of any twelve-month
     period (or 90 days after the end of any twelve-month period if such period
     is a fiscal year) (i) commencing at the end of any fiscal quarter in which
     Registrable Securities are sold to underwriters in a firm commitment or
     best efforts underwritten offering and (ii) if not sold to underwriters in
     such an offering, commencing on the first day of the first fiscal quarter
     of the Company after the effective date of a Registration Statement, which
     statements shall cover said twelve-month periods.

          (m)   If the Exchange Offer or the Shelf Exchange is to be
     consummated, upon delivery of the Registrable Securities by Holders to the
     Company (or to such other Person as directed by the Company) in exchange
     for the Registrable Securities, the Company shall mark, or cause to be
     marked, on the Registrable Securities being delivered for cancellation,
     that such securities are being canceled in exchange for the Exchange
     Securities or Registrable Securities issued in the Shelf Exchange.

          (n)   Use its reasonable best efforts to take all other steps
     necessary or advisable to effect the registration of the Registrable
     Securities covered by a Registration Statement contemplated hereby.

          (o)   Use its reasonable best efforts to cause all Securities held by
     Parent at all times (i) to be of the same series as the corresponding
     series of Securities held by all other Holders, (ii) to bear the same
     CUSIP number as all Securities of the same series held by other Holders,
     and (iii) upon such Securities becoming transferable without restriction
     pursuant to federal securities laws, to be eligible (A) for deposit in and
     book entry trading through any depositary with respect to which Securities
     held by any other Holders are then eligible and (B) for trading on any
     national securities exchange or quotation on any interdealer quotation
     system with respect to which Securities held by all other Holders are then
     listed or quoted; provided, that prior to such time as Securities held by
     Parent are transferable without restriction pursuant to federal securities
     laws, Securities held by Parent shall bear an appropriate legend with
     respect to such restriction.

          The Company may require each seller of Registrable Securities as to
which any registration is being effected to furnish to the Company such
information regarding such seller and the distribution of such Registrable
Securities as the Company may, from time to time, reasonably request. The
Company may exclude from such registration the Registrable Securi-
<PAGE>
                                    -26-

ties of any seller who fails to furnish such information within twenty (20)
Business Days after receiving such request. With respect to a Shelf
Registration, no Holder who has failed to furnish such information shall be
entitled to the Liquidated Damages provided for in Section 4 that would
otherwise have accrued or be payable during the period of time commencing with
the end of such twenty-Business Day period ending on the date such requested
information is received by the Company. Each seller as to which any Shelf
Registration Statement is being effected agrees to furnish promptly to the
Company all information required to be disclosed in order to make the
information previously furnished to the Company by such seller not materially
misleading.

          Each Holder of Registrable Securities agrees by acquisition of such
Registrable Securities that, upon receipt of any notice from the Company of the
happening of any event of the kind described in Section 5(c)(B), 5(c)(D),
5(c)(E) or 5(c)(F), such Holder will forthwith discontinue disposition of such
Registrable Securities covered by such Registration Statement to be sold by
such Holder and dissemination of such Prospectus until such Holder's receipt of
the copies of the supplemented or amended Prospectus contemplated by Section
5(j), or until it is advised in writing (the "Advice") by the Company that the
use of the Prospectus may be resumed, and has received copies of any amendments
or supplements thereto.

6.   Expenses

         All reasonable and documented fees and expenses incident to the
performance of or compliance with Sections 2, 3 and 5 of this Agreement by the
Company shall be borne by the Company whether or not the Exchange Offer or a
Shelf Registration is filed or becomes effective, including, without
limitation, (i) all registration and filing fees (including, without
limitation, (A) fees with respect to filings required to be made with the NASD
in connection with an underwritten offering and (B) fees and expenses of
compliance with federal securities and state securities or Blue Sky laws
(including, without limitation, reasonable fees and disbursements of one
counsel in connection with Blue Sky qualifications of the Registrable
Securities or Exchange Securities and determination of the eligibility of the
Registrable Securities or Exchange Securities for investment under the laws of
such jurisdictions (x) where the holders of Registrable Securities are located,
in the case of the Exchange Securities, or (y) as provided in Section 5(h)
hereof, in the case of Registrable Securities); (ii) printing expenses,
including, without limitation, expenses of printing certificates for
Registrable Securities or Exchange Securities in a form eligible for deposit
with The Depository Trust Company; (iii) fees and disbursements of all
independent certified public accountants; (iv) fees and expenses of all other
Persons retained by the Company (including fees and expenses of the transfer
agent and registrar for the Securities); (v) internal expenses of the Company
(including, without limitation, all salaries and expenses of officers and
employees of the Company performing legal or accounting duties); (vi) the
expenses relating to printing, word processing and distributing all
Registration Statements, underwriting agreements, securities sales
agreements, inden-
<PAGE>
                                    -27-

tures and any other documents necessary in order to comply with this Agreement,
but excluding any fees and disbursements of brokers or dealers, including,
without limitation, underwriting discounts, commissions and transfer taxes
attributable to the sale of each Registrable Security or Exchange Security;
(vii) any fees associated with making the Registrable Securities or Exchange
Securities eligible for trading through The Depository Trust Company; (viii)
fees and disbursements of one special counsel for the Parent in connection with
any 144A Marketing Attempt pursuant to a 144A Demand Notice, any Affiliate
Shelf Registration and any Parent Shelf Registration, not to exceed $75,000 per
Shelf Registration or 144A Marketing Attempt; (x) expenses associated with
investor meetings or any "road show"; and (xi) Offering Document or Prospectus
printing fees and expenses; provided, that the Company shall have no
responsibility for the fees or expenses of any Initial Purchaser or underwriter
which shall be the sole responsibility of the Person retaining the services
thereof.

7.   Indemnification

          (a)   The Company agrees to indemnify and hold harmless each
Designated Holder, its partners, directors, officers, affiliates and each
Person who controls (within the meaning of Section 15 of the Securities Act)
such Designated Holder from and against any and all losses, claims, damages,
liabilities and expenses (including reasonable costs of investigation) (each, a
"Liability" and collectively, "Liabilities"), arising out of or based upon any
untrue, or allegedly untrue, statement of a material fact contained in any
Registration Statement, prospectus or preliminary prospectus (as amended or
supplemented if the Company shall have furnished any amendments or supplements
thereto) or arising out of or based upon any omission or alleged omission to
state therein a material fact required to be stated therein or necessary to
make the statements therein not misleading under the circumstances such
statements were made, except insofar as such Liability (i) arises out of or is
based upon any untrue statement or alleged untrue statement or omission or
alleged omission contained in such Registration Statement, preliminary
prospectus or final prospectus in reliance and in conformity with information
concerning such Designated Holder furnished in writing to the Company by such
Designated Holder expressly for use therein, including, without limitation, the
information furnished to the Company pursuant to penultimate paragraph of
Section 5, or (ii) is caused by any failure by the Designated Holder to deliver
a prospectus or preliminary prospectus (or amendment or supplement thereto) as
and when required under the Securities Act after such prospectus has been
timely furnished by the Company. The Company shall also provide customary
indemnities to any underwriters of the Registrable Securities, their officers,
directors and employees and each Person who controls such underwriters (within
the meaning of Section 15 of the Securities Act) to the same extent as provided
above with respect to the indemnification of the Designated Holders of
Registrable Securities.

          (b)   Each Designated Holder agrees to indemnify and hold harmless
the Company, any underwriter retained by the Company, each of their respective
officers, direc-
<PAGE>
                                    -28-

tors and affiliates and each Person who controls the Company or such
underwriter (within the meaning of Section 15 of the Securities Act) to the
same extent as the foregoing indemnity from the Company to the Designated
Holders, but only if such statement or alleged statement or omission or alleged
omission was made in reliance upon and in conformity with information with
respect to such Designated Holder furnished in writing to the Company by such
Designated Holder expressly for use in such registration statement or
prospectus, including, without limitation, the information furnished to the
Company pursuant to penultimate paragraph of Section 5; provided, however, that
the total amount to be indemnified by such Designated Holder pursuant to
penultimate paragraph of Section 5 shall be limited to the net proceeds
received by such Designated Holder in the offering to which the Registration
Statement or prospectus relates.

          (c)   Any Person entitled to indemnification hereunder (the
"Indemnified Party") agrees to give prompt written notice to the indemnifying
party (the "Indemnifying Party") after the receipt by the Indemnified Party of
any written notice of the commencement of any action, suit, proceeding or
investigation or threat thereof made in writing for which the Indemnified Party
intends to claim indemnification or contribution pursuant to this Agreement;
provided, however, that the failure so to notify the Indemnifying Party shall
not relieve the Indemnifying Party of any Liability that it may have to the
Indemnified Party hereunder (except to the extent that the Indemnifying Party
is materially prejudiced or otherwise forfeits substantive rights or defenses
by reason of such failure). If notice of commencement of any such action is
given to the Indemnifying Party as above provided, the Indemnifying Party shall
be entitled to participate in and, to the extent it may wish, jointly with any
other Indemnifying Party similarly notified, to assume the defense of such
action at its own expense, with counsel chosen by it and reasonably
satisfactory to such Indemnified Party. The Indemnified Party shall have the
right to employ separate counsel in any such action and participate in the
defense thereof, but the fees and expenses of such counsel shall be paid by the
Indemnified Party unless (i) the Indemnifying Party agrees to pay the same,
(ii) the Indemnifying Party fails to assume the defense of such action with
counsel reasonably satisfactory to the Indemnified Party or (iii) the named
parties to any such action (including any impleaded parties) include both the
Indemnifying Party and the Indemnified Party and such parties have been advised
by such counsel that either (x) representation of such Indemnified Party and
the Indemnifying Party by the same counsel would be inappropriate under
applicable standards of professional conduct or (y) there may be one or more
legal defenses available to the Indemnified Party which are different from or
additional to those available to the Indemnifying Party. In any of such cases,
the Indemnifying Party shall not have the right to assume the defense of such
action on behalf of such Indemnified Party, it being understood, however, that
the Indemnifying Party shall not be liable for the fees and expenses of more
than one separate firm of attorneys (in addition to any local counsel) for all
Indemnified Parties. No Indemnifying Party shall be liable for any settlement
entered into without its written consent, which consent shall not be
unreasonably withheld.  No Indemnifying Party shall, without the consent of
such Indemnified
<PAGE>
                                    -29-

Party, which consent shall not be unreasonably withheld, effect any settlement
of any pending or threatened proceeding in respect of which such Indemnified
Party is a party and indemnity has been sought hereunder by such Indemnified
Party, unless such settlement includes an unconditional release of such
Indemnified Party from all liability for claims that are the subject matter of
such proceeding.

          (d)   If the indemnification provided for in this Article VII from
the Indemnifying Party is unavailable to an Indemnified Party hereunder in
respect of any Liabilities referred to herein, then the Indemnifying Party, in
lieu of indemnifying such Indemnified Party, shall contribute to the amount
paid or payable by such Indemnified Party as a result of such Liabilities in
such proportion as is appropriate to reflect the relative fault of the
Indemnifying Party and Indemnified Party in connection with the actions which
resulted in such Liabilities, as well as any other relevant equitable
considerations. The relative faults of such Indemnifying Party and Indemnified
Party shall be determined by reference to, among other things, whether any
action in question, including any untrue or alleged untrue statement of a
material fact or omission or alleged omission to state a material fact, has
been made by, or relates to information supplied by, such Indemnifying Party or
Indemnified Party, and the parties relative intent, knowledge, access to
information and opportunity to correct or prevent such action. The amount paid
or payable by a party as a result of the Liabilities referred to above shall be
deemed to include, subject to the limitations set forth in Sections 7(a), (b)
and (c), any legal or other fees, charges or expenses reasonably incurred by
such party in connection with any investigation or proceeding; provided that
the total amount to be contributed by such Designated Holder shall be limited
to the net proceeds received by such Designated Holder in the offering.

          The parties hereto agree that it would not be just and equitable if
contribution pursuant to this Section 7(d) were determined by pro rata
allocation or by any other method of allocation which does not take account of
the equitable considerations referred to in the immediately preceding
paragraph. No Person guilty of fraudulent misrepresentation (within the meaning
of Section 11(f) of the Securities Act) shall be entitled to contribution from
any Person who was not guilty of such fraudulent misrepresentation.

8.   Underwritten Registrations

          If any of the Registrable Securities covered by any Shelf
Registration are to be sold in an underwritten offering, then the investment
banker or investment bankers and manager or managers that will manage the
offering will be selected by the Required Holders (of such Registrable
Securities included in such offering) and reasonably acceptable to the Company.
All fees and expenses of any such underwriters shall be the sole responsibility
of the Holders retaining such underwriters.
<PAGE>
                                    -30-

          No Holder of Registrable Securities may participate in any
underwritten registration hereunder unless such Holder (a) agrees to sell such
Holder's Registrable Securities on the basis provided in any underwriting
arrangements approved by the Persons entitled hereunder to approve such
arrangements and (b) completes and executes all questionnaires, powers of
attorney, indemnities, underwriting agreements and other documents required
under the terms of such underwriting arrangements.

9.   Miscellaneous

          (a)   Remedies. Except as otherwise specifically provided herein, in
the event of a breach by the Company of any of its obligations under this
Agreement, each Holder of Registrable Securities, in addition to being entitled
to exercise all rights provided herein or granted by law, including recovery of
damages, will be entitled to specific performance of its rights under this
Agreement. Except as otherwise specifically provided herein, the Company agrees
that monetary damages would not be adequate compensation for any loss incurred
by reason of a breach by it of any of the provisions of this Agreement and
hereby further agrees that, in the event of any action for specific performance
in respect of such breach, it shall waive the defense that a remedy at law
would be adequate.

          (b)   No Inconsistent Agreements. The Company shall not enter into,
after the date of this Agreement, any agreement with respect to any of its
securities that is inconsistent with the rights granted to the Holders of
Registrable Securities in this Agreement or otherwise conflicts with the
provisions hereof.

          (c)   Amendments and Waivers. The provisions of this Agreement may
not be amended, modified or supplemented, and waivers or consents to any
adverse departures from the provisions hereof may not be given, otherwise than
with the prior written consent of the Holders of not less than the Required
Holders (of the then outstanding Registrable Securities); provided, however,
that Section 7 and this Section 9(c) may not be amended, modified or
supplemented without the prior written consent of each affected Holder.
Notwithstanding the foregoing, a waiver or consent to depart from the
provisions hereof with respect to a matter that relates exclusively to the
rights of Holders of Registrable Securities whose securities are being tendered
pursuant to the Exchange Offer or sold pursuant to a Registration Statement and
that does not directly or indirectly affect, impair, limit or compromise the
rights of other Holders of Registrable Securities may be given by the Required
Holders (of the Registrable Securities being tendered or being sold by such
Holders pursuant to such Registration Statement).

          (d)   Notices. All notices and other communications provided for or
permitted hereunder shall be made in writing by hand-delivery, registered
first-class mail, next-day air courier or telecopier:
<PAGE>
                                    -31-

          (i)   if to a Holder of Registrable Securities, at the most current
     address of such Holder set forth on the records of the Company or the
     transfer agent and registrar, as the case may be; and

          (ii) if to the Company to the address, telephone number and fax
     number specified in the Purchase Agreement, or at such other address as
     the Company shall have specified to each Holder in writing.

          All such notices and communications shall be deemed to have been duly
given: when delivered by hand, if personally delivered; five business days
after being deposited in the mail, postage prepaid, if mailed; one business day
after being timely delivered to a next-day air courier guaranteeing overnight
delivery; and when receipt is acknowledged by the addressee, if telecopied.

          (e)   Successors and Assigns. This Agreement shall inure to the
benefit of and be binding upon the successors and assigns of each of the
parties hereto and the Holders; provided, however, that this Agreement shall
not inure to the benefit of or be binding upon a successor or assign of a
Holder unless and to the extent such successor or assign holds Registrable
Securities.

          (f)   Counterparts. This Agreement may be executed in any number of
counterparts and by the parties hereto in separate counterparts, each of which
when so executed shall be deemed to be an original and all of which taken
together shall constitute one and the same agreement.

          (g)   Headings. The headings in this Agreement are for convenience of
reference only and shall not limit or otherwise affect the meaning hereof.

          (h)   Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, AS APPLIED TO
CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF NEW YORK, EXCLUDING
CHOICE-OF-LAW PRINCIPLES OF THE LAW OF SUCH STATE THAT WOULD REQUIRE THE
APPLICATION OF THE LAWS OF A JURISDICTION OTHER THAN SUCH STATE. EACH OF THE
PARTIES HERETO AGREES TO SUBMIT TO THE JURISDICTION OF THE COURTS OF THE STATE
OF NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS
AGREEMENT.

          (i)   Severability. If any term, provision, covenant or restriction
of this Agreement is held by a court of competent jurisdiction to be invalid,
illegal, void or unenforceable, then the remainder of the terms, provisions,
covenants and restrictions set forth herein shall remain in full force and
effect and shall in no way be affected, impaired or invali-
<PAGE>
                                    -32-

dated, and the parties hereto shall use their best efforts to find and employ
an alternative means to achieve the same or substantially the same result as
that contemplated by such term, provision, covenant or restriction. It is
hereby stipulated and declared to be the intention of the parties that they
would have executed the remaining terms, provisions, covenants and restrictions
without including any of such that may be hereafter declared invalid, illegal,
void or unenforceable.

          (j)   Securities Held by the Company or Its Affiliates.  Whenever the
consent or approval of Holders of a specified percentage of Registrable
Securities is required hereunder, Registrable Securities held by the Company or
its affiliates (as such term is defined in Rule 405 under the Securities Act)
shall not be counted in determining whether such consent or approval was given
by the Holders of such required percentage.

          (k)   Third-Party Beneficiaries. Holders of Registrable Securities
are intended third-party beneficiaries of this Agreement and this Agreement may
be enforced by such Persons.

          (l)   Entire Agreement. This Agreement, together with the Purchase
Agreement is intended by the parties as a final and exclusive statement of the
agreement and understanding of the parties hereto in respect of the subject
matter contained herein and therein and any and all prior oral or written
agreements, representations, or warranties, contracts, understandings,
correspondence, conversations and memoranda between the Parent on the one hand
and the Company on the other, or between or among any agents, representatives,
parents, subsidiaries, affiliates, predecessors in interest or successors in
interest with respect to the subject matter hereof and thereof are merged
herein and replaced hereby.
<PAGE>
                                      S-1

          IN WITNESS WHEREOF, the parties have caused this Registration Rights
to be duly executed as of the date first written above.

                                     COLLINS & AIKMAN PRODUCTS CO.

                                     By:         /s/ Ronald T. Lindsay
                                         ---------------------------------------
                                         Name:   Ronald T. Lindsay
                                         Title:  Senior Vice President, General
                                                 Counsel and Secretary

                                     TEXTRON INC.

                                     By:         /s/ John R. Curran
                                         ---------------------------------------
                                         Name:   John R. Curran
                                         Title:  Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00037-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00037-of-00352.parquet"}]]