Document:

Exhibit 10.1

                           SEVENTH AMENDMENT AGREEMENT

     THIS  SEVENTH  AMENDMENT  AGREEMENT  (this  "Amendment"),  entered  into on
October  12,  2006,  to  be effective as of October 15, 2006, by and between New
Century  Energy  Corp., a Colorado corporation ("NCEC"), and Laurus Master Fund,
Ltd.  ("Laurus").

                                   BACKGROUND

     NCEC and Laurus are parties to (a) a Securities Purchase Agreement dated as
of  June 30, 2005 (as amended, restated, supplemented or otherwise modified from
time to time, the "June 2005 SPA"); (b) a Securities Purchase Agreement dated as
of  September 19, 2005 (as amended, restated, supplemented or otherwise modified
from  time  to  time,  the "September 2005 SPA" together with the June 2005 SPA,
each  a  "Purchase  Agreement"  and  collectively,  the  "Purchase  Agreements")
pursuant  to  which  Laurus provided NCEC with certain financial accommodations;
and  (c) NCEC and Laurus are parties to a Registration Rights Agreement dated as
of  June 30, 2005 (as amended, restated, supplemented or otherwise modified from
time to time, the "Registration Rights Agreement") pursuant to which NCEC, among
other  things,  has  agreed  to  file  a  registration  statement  covering  the
Registrable  Securities  (as  therein  defined).

     In  connection  with  the  (a)  June  2005  SPA,  NCEC  executed  a Secured
Convertible  Term  Note  dated  as  of  June  30, 2005 in favor of Laurus in the
original  principal amount of $15,000,000 (as amended, restated, supplemented or
otherwise  modified  from  time  to  time)  and (b) the September 2005 SPA, NCEC
executed  a  Secured Term Note dated as of September 19, 2005 in favor of Laurus
in  the  original  principal  amount  of  $9,500,000  (as  amended,  restated,
supplemented  or  otherwise  modified  from  time  to  time).

     In  April 2006, NCEC's wholly owned subsidiary, Gulf Coast Oil Corporation,
a  Delaware  corporation  ("Gulf  Coast"),  entered  into  a Securities Purchase
Agreement  with Laurus (the "Gulf Coast Securities Purchase Agreement"), whereby
Gulf  Coast  sold  a  $40,000,000  Secured  Term Note to Laurus (the "Gulf Coast
Note")  and  a  Common  Stock  Purchase  Warrant (the "Gulf Coast Warrant"), and
entered  into  various  other  Related  Agreements, as defined in the Gulf Coast
Securities  Purchase  Agreement  (the  "Gulf  Coast  Related  Agreements"). NCEC
guaranteed  all of Gulf Coasts obligations and liabilities to Laurus pursuant to
a  Guaranty  (as amended, restated, supplemented or otherwise modified from time
to  time,  the  "NCEC  Guaranty").

     NCEC  and  Laurus have agreed to amend the Registration Rights Agreement on
the  terms  and  conditions  hereafter  set  forth.

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

<PAGE>

     1.  Amendments to Registration Rights Agreement. The following defined term
         -------------------------------------------
set forth in Section 1 of the Registration Rights Agreement is hereby amended in
its  entirety  to  provide  as  follows:

               "Effectiveness  Date"  means  (i)  with  respect  to  the initial
          Registration Statement required to be filed hereunder, a date no later
          than  April  16,  2007  and  (ii)  with  respect  to  each  additional
          Registration Statement required to be filed hereunder, a date no later
          than  one  hundred  twenty  (120) days following the applicable Filing
          Date.

     2. Representations and Warranties. NCEC and Century Resources, Inc. (each a
        ------------------------------
"Company"  and  collectively  the  "Companies")  hereby represent and warrant as
follows:

          (a)  This  Amendment,  the  Purchase  Agreements  and the Registration
     Rights  Agreement,  as  amended hereby, constitute legal, valid and binding
     obligations of the Companies party thereto and are enforceable against such
     Companies  in  accordance  with  their  respective  terms.

          (b)  Upon  the  effectiveness  of  this Amendment, each Company hereby
     reaffirms  all  covenants,  representations  and  warranties  made  in each
     Purchase  Agreement,  the Related Agreements (as therein defined), the Gulf
     Coast  Related  Agreements  and  the  Registration  Rights  Agreement,  as
     applicable,  to  the  extent the same are not amended hereby and agree that
     all  such covenants, representations and warranties shall be deemed to have
     been  remade  as  of  the  effective  date  of  this  Amendment.

          (c)  No event of default has occurred and is continuing or would exist
     under  any document, instrument or agreement by and between any Company and
     Laurus  after  giving  effect  to  this  Amendment.

          (d) No Company has any defense, counterclaim or offset with respect to
     any  Purchase  Agreement,  the  Registration  Rights Agreement or any other
     Related  Agreement  (as  defined  in  each  Purchase  Agreement).

     3.  Effect  on  the  Registration  Rights  Agreement.
         ------------------------------------------------

          (a)  Upon the effectiveness of Section 1 hereof, each reference in the
     Registration  Rights  Agreement to "this Agreement," "hereunder," "hereof,"
     "herein"  or  words  of  like  import  shall mean and be a reference to the
     Registration  Rights  Agreement,  as  applicable,  as  amended  hereby.

          (b)  Except  as  specifically amended herein, each Purchase Agreement,
     the Registration Rights Agreement, the other Related Agreements (as defined
     in  each  Purchase Agreement) and the Gulf Coast Related Agreements and all
     other  documents,  instruments  and agreements executed and/or delivered in
     connection therewith, shall remain in full force and effect, and are hereby
     ratified  and  confirmed.

<PAGE>

          (c)  The execution, delivery and effectiveness of this Amendment shall
     not  operate  as  a  waiver  of  any  right, power or remedy of Laurus, nor
     constitute  a  waiver  of  any  provision  of  any  Purchase Agreement, the
     Registration  Rights  Agreement,  any Related Agreement (as defined in each
     Purchase  Agreement)  or  any  Gulf  Coast  Related Agreements or any other
     documents,  instruments or agreements executed and/or delivered under or in
     connection  therewith.

     4.  Governing  Law.  This  Amendment shall be binding upon and inure to the
         --------------
benefit  of  the  parties hereto and their respective successors and assigns and
shall  be  governed by and construed in accordance with the laws of the State of
New  York.

     5.  Headings.  Section  headings  in this Amendment are included herein for
         --------
convenience  of reference only and shall not constitute a part of this Amendment
for  any  other  purpose.

     6.  Counterparts;  Facsimile. This Amendment may be executed by the parties
         ------------------------
hereto  in  one  or more counterparts, each of which shall be deemed an original
and  all  of  which  when  taken  together  shall  constitute  one  and the same
agreement. Any signature delivered by a party by facsimile transmission shall be
deemed  to  be  an  original  signature  hereto.

                           [Signature Pages to Follow]

<PAGE>

     IN WITNESS WHEREOF, this Seventh Amendment Agreement has been duly executed
as  of  the  day  and  year  first  written  above.

                              NEW CENTURY ENERGY CORP.

                              By: /s/ Edward R. DeStefano
                                  ---------------------------------
                                  Name: Edward R. DeStefano
                                  Title:  President

                              LAURUS MASTER FUND, LTD.

                              By: /s/ Eugene Grin
                                  ----------------------------------
                                  Name:  Eugene Grin
                                  Title:  Director

                              CONSENTED AND AGREED TO:

                              CENTURY RESOURCES, INC.

                              By: /s/ Edward R. DeStefano
                                  ---------------------------------
                                  Name: Edward R. DeStefano
                                  Title:  President

                              GULF COAST OIL CORPORATION

                              By: /s/ Edward R. DeStefano
                                  ---------------------------------
                                  Name: Edward R. DeStefano
                                  Title:  President

<PAGE>PHR&D FORM

EXHIBIT 10.1

FOURTH AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT

THIS FOURTH AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this "Agreement") is made and entered into this 25th day of October, 2006, by and among THE DIXIE GROUP, INC., a Tennessee corporation ("Borrower"), each of the subsidiaries of Borrower as guarantors ("Guarantors"), BANK OF AMERICA, N.A., a national bank ("Agent") in its capacity as collateral and administrative agent for Lenders (as defined in the Loan Agreement referenced below), and Lenders.

Recitals:

Lenders, Guarantors, Borrower and Fleet Capital Corporation ("FCC"), as Agent entered into a certain Amended and Restated Loan and Security Agreement dated April 14, 2004, as amended by that certain First Amendment to Amended and Restated Loan and Security Agreement dated November 10, 2004, that certain Second Amendment to Amended and Restated Loan and Security Agreement (the "Second Amendment"), dated July 27, 2005, and that certain Third Amendment to Amended and Restated Loan and Security Agreement dated May 3, 2006, by and among Lenders, Guarantors, Borrower and Bank of America, N.A. ("BofA"), as Agent (as at any time amended, the "Loan Agreement" ), pursuant to which Lenders agreed to make certain loans and other extensions of credit to Borrower  from time to time, subject to the terms and conditions contained therein.

Prior to the date of the Second Amendment, (i) FCC assigned all of its interests in the loans under the Loan Agreement to BofA, (ii) FCC resigned as Agent under the Loan Agreement, and (iii) BofA was appointed as successor Agent by the lenders party to the Loan Agreement.  

Borrower has requested that Agent and Lenders amend certain provisions of the Loan Agreement.  Agent and Lenders are willing to amend the Loan Agreement as hereinafter set forth, subject to the conditions contained herein.

NOW, THEREFORE, for TEN DOLLARS ($10.00) in hand paid and other good and valuable consideration, the receipt and sufficiency of which are hereby severally acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows:

1.

Definitions.  All capitalized terms used in this Agreement, unless otherwise defined herein, shall have the meaning ascribed to such terms in the Loan Agreement.

2.

Amendment to Loan Agreement.  The Loan Agreement is hereby amended as follows:

By deleting the definition "Applicable Margin" in Appendix A to the Loan Agreement and by substituting the following new definition in lieu thereof:

Applicable Margin - a percentage equal to zero with respect to Revolver Loans that are Base Rate Loans, 2.00% with respect to Revolver Loans that are LIBOR Loans, 0.25% with respect to each Term Loan Advance made or outstanding as a Base Rate Loan, 2.50% with respect to each Term Loan Advance made or outstanding as a LIBOR Loan, and .375% with 

respect to unused line fees payable to Lenders pursuant to Section 2.2; provided that, commencing with Agent's receipt of the financial statements described in Section 9.1.3(ii) of the Agreement for the period ended September 30, 2006, the Applicable Margin shall be increased or (if no Default or Event of Default exists) decreased, based upon the Leverage Ratio, as follows:

							
	 
	 
	Applicable Margin For:

	Level

	Leverage Ratio

	Revolver Loans

	Term Loan

	Unused Line 

Fee              

	 
	 
	Base Rate

	LIBOR

	Base Rate

	LIBOR

	 

	I

	Greater than 4.0 to 1.0 

	0.25%

	2.25%

	0.50%

	2.75%

	.375%

	II

	If less than or equal to 4.0 to 1.0 but greater than 3.50 to 1.0

	0

	2.00%

	0.25%

	2.50%

	.375%

	III

	If less than or equal to 3.50 to 1.0 but greater than 3.00 to 1.0

	0

	1.75%

	0

	2.25%

	.250%

	IV

	If less than or equal to 3.00 to 1.0 but greater than 2.50 to 1.0

	0

	1.50%

	0

	2.00%

	.250%

	V

	If less than or equal to 2.50 to 1.0 but greater than 2.0 to 1.0

	0

	1.25%

	0

	1.75%

	.250%

	VI

	If less than or equal to 2.0 to 1.0

	0

	1.00%

	0

	1.50%

	.250%

The Applicable Margin shall be subject to reduction or increase, as applicable and as set forth in the table above, on a quarterly basis according to the performance of Borrower as measured by the Leverage Ratio for the immediately preceding 4 Fiscal Quarters of Borrower.  Except as set forth in the last sentence hereof, any such increase or reduction in the Applicable Margin provided for herein shall be effective 3 Business Days after receipt by Agent of the applicable financial statements and corresponding Compliance Certificate. If the financial statements and the Compliance Certificate of Borrower setting forth the Leverage Ratio are not received by Agent by the date required pursuant to Section 9.1.3 of the Agreement, the Applicable Margin shall be determined as if the Leverage Ratio exceeds 4.0 to 1.0 until such time as such financial statements and Compliance Certificate are received and any Event of Default resulting from a failure timely to deliver such financial statements or Compliance Certificate is waived in writing by Agent and Lenders; provided, however, that nothing herein shall be deemed to prevent Agent and Lenders from charging interest at the Default Rate at any time that an Event of Default exists.

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3.

Ratification and Reaffirmation.  Each Obligor hereby ratifies and reaffirms the Obligations, each of the Loan Documents and all of such Obligor's covenants, duties, indebtedness and liabilities under the Loan Documents.

4.

Acknowledgments and Stipulations.  Each Obligor acknowledges and stipulates that the Loan Agreement and the other Loan Documents are legal, valid and binding obligations of such Obligor that are enforceable against such Obligor in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby waived by such Obligor); the security interests and Liens granted by each Obligor in favor of Agent, for the benefit of itself, Lenders and the other Secured Parties, are duly perfected, first priority security interests and Liens.

5.

Representations and Warranties.  Each Obligor represents and warrants to Agent Lenders, to induce Agent and Lenders to enter into this Agreement, that no Default or Event of Default exists on the date hereof; the execution, delivery and performance of this Agreement have been duly authorized by all requisite corporate action on the part of each Obligor and to the extent otherwise disclosed by an Obligor to Agent and Lenders in writing, all of the representations and warranties made by an Obligor in the Loan Agreement are true and correct on and as of the date hereof, except to the extent that such representations or warranties refer to an earlier date or period.

6.

Acknowledgements, Representations, Consents and Reaffirmations by Guarantors.  Each Guarantor hereby (i) acknowledges and stipulates that its respective Guaranty set forth in Section 15 of the Loan Agreement is a legal, valid and binding obligation of such Guarantor that is enforceable against such Guarantor in accordance with the terms thereof, (ii) represents and warrants that this Agreement has been duly executed and delivered by such Guarantor and that all of the representations and warranties made by such Guarantor in the Guaranty are true and correct on and as of the date hereof, (iii) consents to Borrower's execution and delivery of this Agreement and of the other documents, instruments or agreements Borrower agrees to execute and deliver pursuant hereto, and (iv) affirms that nothing contained herein shall modify in any respect whatsoever the Guaranty and reaffirms that the Guaranty is and shall remain in full force and effect.

7.

Reference to Loan Agreement.  Upon the effectiveness of this Agreement, each reference in the Loan Agreement to "this Agreement," "hereunder," or words of like import shall mean and be a reference to the Loan Agreement, as amended by this Agreement.

8.

Breach of Agreement.  This Agreement shall be part of the Loan Agreement and a breach of any representation, warranty or covenant herein shall constitute an Event of Default.

9.

Expenses of Lender.  Borrower agrees to pay, on demand, all costs and expenses incurred by Lender in connection with the preparation, negotiation and execution of this Amendment and any other Loan Documents executed pursuant hereto and any and all amendments, modifications, and supplements thereto, including, without limitation, the costs and fees of Lender's legal counsel and any taxes or expenses associated with or incurred in connection with any instrument or agreement referred to herein or contemplated hereby.

10.

Effectiveness; Governing Law.  This Agreement shall be effective upon execution by Borrower and Guarantors and acceptance by Agent in Atlanta, Georgia (notice of which is hereby 

-3-

waived), whereupon the same shall be governed by and construed in accordance with the internal laws of the State of Georgia.  

11.

Successors and Assigns.  This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

12.

No Novation, etc..  Except as otherwise expressly provided in this Agreement, nothing herein shall be deemed to amend or modify any provision of the Loan Agreement or any of the other Loan Documents, each of which shall remain in full force and effect.  This Agreement is not intended to be, nor shall it be construed to create, a novation or accord and satisfaction, and the Loan Agreement as herein modified shall continue in full force and effect.

13.

Counterparts; Telecopied Signatures.  This Agreement may be executed in any number of counterparts and by different parties to this Agreement on separate counterparts, each  of which, when so executed, shall be deemed an original, but all such counterparts shall constitute one and the same agreement.  Any signature delivered by a party by facsimile transmission shall be deemed to be an original signature hereto.

14.

Further Assurances.  Obligors agree to take such further actions as Agent shall request from time to time in connection herewith to evidence or give effect to the agreements and amendments set forth herein or any of the transactions contemplated hereby.

15.

Section Titles.  Section titles and references used in this Agreement shall be without substantive meaning or content of any kind whatsoever and are not a part of the agreements among the parties hereto.

16.

Release of Claims.  To induce Agent and Lenders to enter into this Agreement, Borrower and each Guarantor hereby releases, acquits and forever discharges Agent and each Lender, and all officers, directors, agents, employees, successors and assigns of Agent and Lenders, from any and all liabilities, claims, demands, actions or causes of action of any kind or nature (if there be any), whether absolute or contingent, disputed or undisputed, at law or in equity, or known or unknown, that Borrower or such Guarantor now has or ever had against Agent or any Lender arising under or in connection with any of the Loan Documents or otherwise.  Borrower and each Guarantor represents and warrants to Agent and Lenders that neither Borrower nor any Guarantors has transferred or assigned to any Person any claim that Borrower or any Guarantor ever had or claimed to have against Agent or any Lender.

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17.

Waiver of Jury Trial.  To the fullest extent permitted by Applicable Law, the parties hereto each hereby waives the right to trial by jury in any action, suit, counterclaim or proceeding arising out of or related to this Agreement.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed under seal and delivered by their respective duly authorized officers on the date first written above.

ATTEST:

THE DIXIE GROUP, INC.

("Borrower")

s/ Starr T. Klein                  

By: s/ Gary A. Harmon                   

Secretary

[CORPORATE SEAL]

     Title: V.P. & CFO                      

ATTEST:

FABRICA INTERNATIONAL, INC.

Formerly known as Fabrica International

("Guarantor")

s/ Starr T. Klein                  

By: s/ Gary A. Harmon                    

Secretary

[CORPORATE SEAL]

     Title: Vice President                   

ATTEST:

BRETLIN, INC.

("Guarantor")

s/ Starr T. Klein                  

By: By: s/ Gary A. Harmon                   

Secretary

[CORPORATE SEAL]

     Title: President                                  

ATTEST:

CANDLEWICK YARNS, INC.

("Guarantor")

s/ Starr T. Klein                  

By: By: s/ Gary A. Harmon                   

Secretary

[CORPORATE SEAL]

     Title: President                                  

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ATTEST:

DIXIE GROUP LOGISTICS, INC.

("Guarantor")

s/ Starr T. Klein                  

By: By: s/ Gary A. Harmon                   

Secretary

[CORPORATE SEAL]

     Title: President                                  

ATTEST:

MASLAND CARPETS, INC.

("Guarantor")

s/ Starr T. Klein                  

By: By: s/ Gary A. Harmon                   

Secretary

[CORPORATE SEAL]

     Title: Chief Manager                         

Accepted in Atlanta, Georgia;

BANK OF AMERICA, N.A.,

Agent and sole Lender

By: s/ Elizabeth L. Waller            

     Title: Senior Vice President      

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