Document:

Exhibit 10.17

 

LIMITED CONSENT AND
WAIVER TO LOAN AND SECURITY AGREEMENT

 

This
LIMITED CONSENT AND WAIVER TO LOAN AND SECURITY AGREEMENT (this “Consent and Waiver”) is entered into as of December     ,
2008 by and among J.B. POINDEXTER &
CO., INC., a Delaware corporation (“Poindexter”),
MORGAN TRUCK BODY, LLC, a Delaware limited liability company (“Morgan LLC”), TRUCK ACCESSORIES GROUP, LLC, a Delaware
limited liability company (“TAG LLC”), MIC
GROUP, LLC, a Delaware limited liability company (“MIC LLC”),
MORGAN OLSON, LLC, a Delaware limited liability company (“MO LLC”),
EFP, LLC, a Delaware limited liability company (“EFP LLC”),
FEDERAL COACH, LLC, a Delaware limited liability company (“Federal
Coach”), RICHARD’S MANUFACTURING COMPANY, an Oklahoma corporation (“RMC”), Machine & Manufacturing I, Inc., a
Texas corporation (“M&M”, and
together with Poindexter, Morgan LLC, TAG LLC, MIC LLC, MOC LLC, EFP LLC,
Federal Coach and RMC, collectively, “Borrowers”
and each, a “Borrower”), the other Loan Parties
signatory hereto, BANK OF AMERICA, N.A., a national banking association, as
successor by merger to LaSalle Bank National Association,  a
national banking association, for itself, as a Lender, and as Agent for Lenders
(in such capacity, “Agent”), and
all other Lenders parties hereto.  Unless
otherwise specified herein, capitalized terms used in this Consent and Waiver
shall have the meanings ascribed to them by the Loan Agreement (as hereinafter
defined).

 

RECITALS

 

WHEREAS,
Borrowers, the other Loan Parties, Agent and Lenders are parties to that
certain Loan and Security Agreement dated as of March 15, 2004 (as amended
by that certain First Amendment to Loan and Security Agreement dated as of May 13,
2004, that certain Limited Consent and Second Amendment dated as of November 3,
2004, that certain Limited Consent and Omnibus Amendment dated as of December 30,
2004, that certain Third Amendment to Loan and Security Agreement dated as of January 20,
2005, that certain Amendment No. 4 to Loan and Security Agreement dated as
of April 25, 2005, that certain Limited Consent and Second Omnibus
Amendment, dated as of June 7, 2005, that certain Third Omnibus Amendment,
dated as of January 20, 2006, that certain Limited Consent and Fourth
Omnibus Amendment, dated as of March, 17, 2006, that certain Limited Consent,
Joinder and Fourth Omnibus Amendment, dated as of October 10, 2006, that
certain Limited Consent, Joinder and Fifth Omnibus Amendment, dated as of April 30,
2007, that certain Limited Consent, Joinder and Sixth Omnibus Amendment, dated
as of August 22, 2007 and that certain Limited Consent, Joinder and
Seventh Omnibus Amendment, dated as of September 4, 2008, and as may be
further amended, supplemented, restated or otherwise modified from time to
time, the “Loan Agreement”);

 

WHEREAS,
Borrowers and the other Loan Parties have advised Agent and Lender that Morgan
LLC, as seller, intends to enter into a sale and leaseback
transaction (collectively,
the “Morgan Sale and Leaseback Transaction”)
with Poindexter Properties, LLC, as buyer, involving the real
properties owned by Morgan LLC in (i) Lancaster County, Pennsylvania; (ii) Berks
County, Pennsylvania; and (iii) Navarro County, Texas on the terms set forth in the agreement
attached hereto as Exhibit A (the “Sale and
Leaseback Agreement”);

 

 

WHEREAS,
notwithstanding the provisions of Section 13(d)(iii) of the Loan
Agreement and any other provisions of the Loan Agreement and the Other
Agreements prohibiting the Morgan Sale and Leaseback Transaction, Borrowers and
the other Loan Parties have requested that Agent and Lender consent to the
Morgan Sale and Leaseback Transaction; and

 

WHEREAS,
in connection therewith, Borrowers have requested that Agent and Lender waive
the provisions of Section 2(c)(ii) of the Loan Agreement solely to
the extent they require prepayment of the Liabilities with the proceeds of the
Morgan Sale and Leaseback Transaction.

 

NOW
THEREFORE, in consideration of the foregoing recital, mutual agreements
contained herein and for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Borrowers, the other Loan
Parties, Agent and Lender hereby agree as follows:

 

SECTION 1.         Limited
Consent.  Subject to
the conditions precedent set forth in Section 3 hereof, Agent and
Lender hereby consent to the Morgan Sale and Leaseback Transaction; provided
that the Sale and Leaseback Transaction is consummated on the terms and
conditions set forth in the Sale and Leaseback Agreement.

 

SECTION 2.         Limited Waiver.  Subject to the conditions precedent set forth
in Section 3 hereof, Agent and Lender hereby waive the provisions of Section 2(c)(ii) of
the Loan Agreement solely to the extent they require prepayment of the
Liabilities with the proceeds of the Morgan Sale and Leaseback Transaction.

 

SECTION 3.         Effectiveness.  The effectiveness of this Consent and Waiver
is subject to the satisfaction of each the following conditions precedent:

 

(a)           This
Consent and Waiver shall have been duly executed and delivered by Borrowers,
Loan Parties, Agent and each Lender; and

 

(b)           The
representations and warranties contained herein shall be true and correct in
all material respects.

 

SECTION 4.         Representations and Warranties.  In order to induce Agent and each Lender to
enter into this Consent and Waiver, each Loan Party hereby represents and
warrants to Agent and each Lender, which representations and warranties shall
survive the execution and delivery of this Consent and Waiver, that:

 

(a)           all
of the representations and warranties contained in the Loan Agreement and in
each Other Agreement are true and correct in all material respects as of the
date hereof after giving effect to this Consent and Waiver, except to the
extent that any such representations and warranties expressly relate to an
earlier date;

 

(b)           the
execution, delivery and performance by Loan Parties of this Consent and Waiver
has been duly authorized by all necessary corporate action required on their
part and this Consent and Waiver, and the Loan Agreement is the legal, valid
and binding obligation of Loan Parties enforceable against Loan Parties in
accordance with its terms, except as its enforceability may be affected by the
effect of bankruptcy, insolvency, reorganization, moratorium or other 

 

2

 

similar laws now or hereafter in
effect relating to or affecting the rights or remedies of creditors generally;

 

(c)           neither
the execution, delivery and performance of this Consent and Waiver by Loan
Parties, the performance by Loan Parties of the Loan Agreement nor the
consummation of the transactions contemplated hereby does or shall contravene,
result in a breach of, or violate (i) any provision of any Loan Party’s
certificate or articles of incorporation or formation, bylaws or operating
agreement or other similar documents or agreements, (iii) any law or
regulation, or any order or decree of any court or government instrumentality,
or (iii) any indenture, mortgage, deed of trust, lease, agreement or other
instrument to which any Loan Party or any of its Subsidiaries is a party or by
which any Loan Party or any of its Subsidiaries or any of their property is
bound, except in any such case to the extent such conflict or breach has been
waived herein or by a written waiver document, a copy of which has been
delivered to Agent on or before the date hereof; and

 

(d)           no
Default or Event of Default has occurred and is continuing.

 

SECTION 5.         Reference to and Effect Upon the
Loan Agreement.

 

(a)           Except
as specifically set forth above, the Loan Agreement and each of the Other
Agreements shall remain in full force and effect and are hereby ratified and
confirmed; and

 

(b)           the consent and
waiver set forth herein are effective solely for the purposes set forth herein
and shall be limited precisely as written, and shall not be deemed to (i) be
a consent to any amendment, waiver or modification of any other term or
condition of the Loan Agreement or any Other Agreement, (ii) operate as a
waiver or otherwise prejudice any right, power or remedy that Agent or Lenders
may now have or may have in the future under or in connection with the Loan
Agreement or any Other Agreement or (iii) constitute a waiver of any
provision of the Loan Agreement or any Other Agreement, except as specifically
set forth herein.  Upon the effectiveness
of this Consent and Waiver, each reference in the Loan Agreement to “this
Agreement”, “herein”, “hereof” and words of like import and each reference in
the Loan Agreement and the Other Agreements to the Loan Agreement shall mean
the Loan Agreement as amended hereby. 
This Consent and Waiver shall be construed in connection with and as
part of the Loan Agreement.  Each Loan Party hereby acknowledges and
agrees that there is no defense, setoff or counterclaim of any kind, nature or
description to the Liabilities or the payment thereof when due.

 

SECTION 6.         Costs And Expenses.  As provided in Section 4(c)(v) of
the Loan Agreement, Borrowers agree to reimburse Agent for all fees, costs, and
expenses, including the reasonable fees, costs, and expenses of counsel or
other advisors for advice, assistance, or other representation in connection
with this Consent and Waiver.

 

SECTION 7.         GOVERNING LAW. THIS
CONSENT AND WAIVER SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
INTERNAL LAWS OF THE STATE OF ILLINOIS.

 

3

 

SECTION 8.         Headings.  Section headings in this Consent and
Waiver are included herein for convenience of reference only and shall not
constitute part of this Consent and Waiver for any other purposes.

 

SECTION 9.           Counterparts.  This Consent and Waiver may be executed in
any number of counterparts, each of which when so executed shall be deemed an
original, but all such counterparts shall constitute one and the same
instrument.

 

[Signature Pages Follow]

 

4

 

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

 

BORROWERS:

 

	
  J.B. POINDEXTER & CO., INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  MORGAN TRUCK BODY, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

 

	
  TRUCK ACCESSORIES GROUP, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

 

	
  MIC GROUP, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

 

	
  MORGAN OLSON, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  EFP, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

[Signature Page Limited
Consent to Loan Agreement]

 

 

	
  FEDERAL COACH, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

 

	
  RICHARD’S MANUFACTURING COMPANY

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

[Signature Page Limited
Consent and Waiver to Loan Agreement]

 

 

	
  AGENT AND LENDER:

  	
   

  
	
   

  	
   

  
	
  BANK OF AMERICA, N.A., as
  successor by

  	
   

  
	
  merger
  to LaSalle Bank National Association,

  	
   

  
	
  as
  Agent and Lender

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

[Signature Page Limited
Consent and Waiver to Loan Agreement]

 

 

The
following Persons are signatories to this Consent and Waiver in their
capacities as Loan Parties, not as Borrowers:

 

LOAN PARTIES:

 

	
  LOWY GROUP, INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  RAIDER INDUSTRIES INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  SWK HOLDINGS, INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  UNIVERSAL BRIXIUS, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  MORGAN TRAILER FINANCIAL CORPORATION

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

[Signature Page
Limited Consent to Loan Agreement]

 

 

	
  MORGAN TRAILER FINANCIAL

  	
   

  
	
  MANAGEMENT, L.P.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  MORGAN TRUCK BODY, LLC,

  	
   

  
	
   

  	
  its
  general partner

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  

 

	
  COMMERCIAL BABCOCK INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  EAGLE SPECIALTY VEHICLES, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  STATE WIDE ALUMINUM, INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

 

	
  TARLTON SUPPLY CO.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  HANDLEY L.P.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  MIC GROUP, LLC,

  	
   

  
	
   

  	
  its
  general partner

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  

 

[Signature Page Limited
Consent and Wavier to Loan Agreement]

 

 

	
  MACHINE & MANUFACTURING I, INC.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

[Signature Page
Limited Consent and Wavier to Loan Agreement]

 

 

Exhibit A

 

Sale and Leaseback
Agreement

 

[See attached.]Exhibit 10.18

 

LIMITED WAIVER AGREEMENT

 

This Limited Waiver Agreement (this “Agreement”) is made effective as of the       
day of December, 2008, by and among J.B. POINDEXTER & CO., INC.,
a Delaware corporation (“Poindexter”),
MORGAN TRUCK BODY, LLC, a Delaware limited liability company (“Morgan LLC”), TRUCK ACCESSORIES GROUP, LLC, a Delaware
limited liability company (“TAG LLC”), MIC
GROUP, LLC, a Delaware limited liability company (“MIC LLC”),
MORGAN OLSON, LLC, a Delaware limited liability company (“MO LLC”),
EFP, LLC, a Delaware limited liability company (“EFP LLC”),
FEDERAL COACH, LLC, a Delaware limited liability company (“Federal
Coach”) and RICHARD’S MANUFACTURING COMPANY, an Oklahoma corporation
(“RMC”) (Poindexter, Morgan LLC, TAG LLC,
MIC LLC, MO LLC, EFP LLC, Federal Coach and RMC each a “Borrower” and are
collectively referred to as “Borrowers”),
the other Loan Parties signatory hereto, BANK OF AMERICA, N.A., a national
banking association,  as successor by merger to  LaSalle
Bank National Association, for itself, as a Lender, and as Agent for the
Lenders, and all other Lenders that are now or hereafter parties to the Loan
Agreement (as hereinafter defined).

 

PRELIMINARY STATEMENT

 

A.            Loan Parties, Agent and Lenders executed
a certain Loan and Security Agreement dated March 15, 2004 (as the same now
existing or as hereafter amended, restated, extended, supplemented or otherwise
modified from time to time, the “Loan Agreement”).

 

B.            Borrowers have requested that the Agent
and Lenders waive certain provisions of the Loan Agreement, and the Agent and
Lender have agreed to such waivers upon the terms and subject to conditions set
forth herein.

 

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

 

Section 1.               Definitions. 
Unless otherwise defined or amended in this Agreement, each capitalized
term used in this Agreement has the meaning assigned to such term in the Loan
Agreement.

 

Section 2.               Limited
Waiver.  At all times during the period commencing on
the date hereof and ending on and including April 1st, 2009 (the “Waiver Period”), the Agent and Lenders hereby agree to waive
Sections 13(b)(vi) and 13(e) of the Loan Agreement solely to the
extent necessary to permit Poindexter to repurchase the Senior Notes in one or
more transactions or series of related transactions during the Waiver
Period  (each such transaction or series
of related transactions is herein referred as a “Repurchase
of Senior Notes” and collectively as the “Repurchases
of Senior Notes”) so long as (i) no Default or Event of Default
exists immediately prior to or at the time of or would result after giving
effect to any Repurchase of Senior Notes, (ii) the aggregate amount paid
for any such Repurchase of Senior Notes does not exceed 60% of the face amount
of all of the Senior Notes repurchased in such Repurchase of Senior Notes, (iii) the
aggregate amount of proceeds of Loans used to fund all such Repurchases of
Senior Notes does not exceed $10,000,000 and (iv) promptly following each
such Repurchase 

 

 

of Senior Notes, Borrowers deliver to the Agent notice
(which may be delivered by e-mail or fax), setting forth (1) the amount
paid for such Repurchase of Senior Notes and the aggregate amount paid for all
Repurchases of Notes since the commencement of the Waiver Period, (ii) the
face amount of the Senior Notes that are repurchased in such Repurchase of
Senior Notes and the aggregate face amounts of all Senior Notes repurchased
since the commencement of the Waiver Period and (iii) the amount of
proceeds of Loans (if any) used to fund such Repurchase of Senior Notes and the
aggregate amount of proceeds of Loans (if any) used to fund all Repurchases of
Senior Notes since the commencement of the Waiver Period.

 

Section 3.               Effectiveness. 
The effectiveness of this Agreement is subject to the satisfaction of
each of the following conditions precedent:

 

(a)           This Agreement shall have been duly
executed and delivered by the Borrowers, Loan Parties, Agent and the Requisite
Lenders;

 

(b)           The Borrowers shall have paid, in
immediately available funds, to the Agent for the account of the Lenders a
fully earned and non-refundable amendment fee in the amount of $25,000 (and
each Borrower hereby authorizes Agent to charge Borrowers’ accounts in the
amount of such amendment fee); and

 

(c)           the representations and warranties
contained herein shall be true and correct in all respects.

 

Section 4.               Representations and
Warranties.  In order to induce Agent and each Lender to
enter into this Agreement, each Loan Party hereby represents and warrants to
Agent and each Lender, which representations and warranties shall survive the
execution and delivery of this Agreement, that:

 

(a)           all of the representations and warranties
contained in the Loan Agreement and in each Other Agreement are true and
correct as of the date hereof after giving effect to this Agreement, except to
the extent that any such representations and warranties expressly relate to an
earlier date;

 

(b)           the execution, delivery and performance
by Loan Parties of this Agreement has been duly authorized by all necessary
corporate action required on their part and this Agreement, and the Loan Agreement
is the legal, valid and binding obligation of Loan Parties enforceable against
Loan Parties in accordance with its terms, except as its enforceability may be
affected by the effect of bankruptcy, insolvency, reorganization, moratorium or
other similar laws now or hereafter in effect relating to or affecting the
rights or remedies of creditors generally;

 

(c)           neither the execution, delivery and
performance of this Agreement by Loan Parties, the performance by Loan Parties
of the Loan Agreement nor the consummation of the transactions contemplated
hereby does or shall contravene, result in a breach of, or violate (i) any
provision of any Loan Party’s certificate or articles of incorporation or
formation, bylaws or operating agreement or other similar documents, or
agreements, (iii) any law or regulation, or any order or decree of any
court or government instrumentality, or (iii) any indenture, mortgage,
deed of trust, lease, agreement or other 

 

2

 

instrument to which any Loan Party or any of its Subsidiaries is a
party or by which any Loan Party or any of its Subsidiaries or any of their
property is bound, except in any such case to the extent such conflict or
breach has been waived herein or by a written waiver document, a copy of which
has been delivered to Agent on or before the date hereof; and

 

(d)           no
Default or Event of Default has occurred and is continuing.

 

Section 5.               Reference to and Effect
Upon the Loan Agreement.

 

(a)           Except
as specifically set forth above, the Loan Agreement and each of the Other
Agreements shall remain in full force and effect and are hereby ratified and
confirmed; and

 

(b)           the waivers set forth herein are
effective solely during the Waiver Period and solely for the purposes set forth
herein and shall be limited precisely as written, and shall not be deemed to (i) be
a consent to any amendment, waiver or modification of any other term or
condition of the Loan Agreement or any Other Agreement, (ii) operate as a
waiver or otherwise prejudice any right, power or remedy that Agent or Lenders
may now have or may have in the future under or in connection with the Loan
Agreement or any Other Agreement or (iii) constitute a waiver of any
provision of the Loan Agreement or any Other Agreement, except as specifically
set forth herein.  Upon the effectiveness
of this Agreement, each reference in the Loan Agreement to “this Agreement”, “herein”,
“hereof” and words of like import and each reference in the Loan Agreement and
the Other Agreements to the Loan Agreement shall mean the Loan Agreement as
amended hereby.  This Agreement shall be
construed in connection with and as part of the Loan Agreement.  Each
Loan Party hereby acknowledges and agrees that there is no defense, setoff or
counterclaim of any kind, nature or description to the Liabilities or the
payment thereof when due.

 

Section 6.               Governing
Law.  THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF ILLINOIS.

 

Section 7.               Miscellaneous.

 

(a)           Section headings in this Agreement
are included herein for convenience of reference only and shall not constitute
part of this Agreement for any other purposes.

 

(b)           This Agreement may be executed in any
number of counterparts, each of which when so executed shall be deemed an
original, but all such counterparts shall constitute one and the same
instrument.

 

[Signature Pages Follow]

 

3

 

IN WITNESS WHEREOF, each of the parties hereto has
caused this Limited Waiver Agreement to be executed by its officer(s) thereunto
duly authorized as of the date first above written.

 

	
   

  	
   

  
	
   

  	
  BORROWERS:

  
	
   

  	
   

  
	
   

  	
  J.B.
  POINDEXTER & CO., INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  

 

	
   

  	
  MORGAN TRUCK BODY, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  

 

	
   

  	
  TRUCK ACCESSORIES
  GROUP, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  

 

	
   

  	
  MIC GROUP, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  

 

	
   

  	
  MORGAN OLSON, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  

 

	
   

  	
  EFP, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  

 

S-1

 

	
   

  	
  FEDERAL COACH, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  

 

	
   

  	
  RICHARD’S MANUFACTURING
  COMPANY

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  

 

 

	
   

  	
  AGENT AND LENDER:

  
	
   

  	
   

  
	
   

  	
  BANK OF AMERICA, N.A.,  as successor by merger

  
	
   

  	
  to  LaSalle
  Bank National Association, as Agent
  and Lender

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  

 

S-2

 

The following Persons are signatories to this
Consent and Amendment in their capacities as Loan Parties, not as Borrowers:

 

LOAN
PARTIES:

 

	
  LOWY GROUP, INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  RAIDER INDUSTRIES INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  SWK HOLDINGS, INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

 

	
  UNIVERSAL BRIXIUS, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

 

	
  MORGAN TRAILER FINANCIAL CORPORATION

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

S-3

 

MORGAN
TRAILER FINANCIAL

MANAGEMENT,
L.P.

 

	
  By:

  	
  MORGAN TRUCK BODY, LLC,

  	
   

  
	
   

  	
  its
  general partner

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  

 

	
  COMMERCIAL BABCOCK INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  EAGLE SPECIALTY VEHICLES, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

	
  STATE WIDE ALUMINUM, INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

 

	
  TARLTON SUPPLY CO.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

HANDLEY
L.P.

 

	
  By:

  	
  MIC GROUP, LLC,

  	
   

  
	
   

  	
  its
  general partner

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  

 

S-4

 

	
  MACHINE & MANUFACTURING I, INC.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

[Signature
Page to Limited Consent and Omnibus Amendment]

 

S-4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00158-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00158-of-00352.parquet"}]]