Document:

exv10w27

 

EMPLOYMENT AGREEMENT

(Chief Financial Officer)

     THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into effective as of the 17th
day of September, 2007 (“Effective Date”), by and between E Energy Adams, LLC, a Nebraska limited
liability company (“E ENERGY”) and Nicholas Stovall (“Employee”).

     WHEREAS, the parties acknowledge that E ENERGY was formed for the purpose of developing a
project to build and operate a 50 million gallon dry mill corn-processing ethanol plant in Gage
County, Nebraska near Adams (the “Business of E ENERGY”); and

     WHEREAS, the parties agree and acknowledge the Business of E ENERGY is a highly competitive
one, both inside of and outside the state of Nebraska; and

     WHEREAS, the parties agree and acknowledge E ENERGY has, is and will likely continue to
develop valuable confidential techniques and valuable proprietary and confidential information,
forms and methods for use in the Business of E ENERGY; and

     WHEREAS, Employee agrees and acknowledges that Employee will have access to said valuable
techniques and employ said valuable proprietary and confidential information, forms and methods in
earning income in the employ of E ENERGY; and

     WHEREAS, the parties further agree and acknowledge that Employee’s position is one of
considerable responsibility and requires considerable experience and requires Employee to develop
and maintain good relationships with E ENERGY: (i) suppliers and potential suppliers, (ii)
customers and potential customers and (iii) employees, and that E ENERGY will incur substantial
time and expense to replace an employee who has the experience and relationships of Employee; and

     WHEREAS, as a condition of employment and continued employment of Employee by E ENERGY, the
parties mutually agree that confidentiality is required in connection with the Business of E ENERGY
and in connection with the identity of E ENERGY’S suppliers and customers, and that accordingly, it
is vital that E ENERGY be protected from direct or indirect competition from Employee during his
employment and for a reasonable period of time thereafter; and

     WHEREAS, E ENERGY and Employee now desire to provide for the employment of Employee by E
ENERGY, after the effective date of this Agreement, upon the terms and conditions set forth in this
Agreement.

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

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AGREEMENT

1. Employment and Duties. Effective as of the Effective Date, E ENERGY will employ Employee
and Employee will accept such employment upon the terms and conditions set forth in this Agreement.
Employee shall be the Chief Financial Officer for E ENERGY and shall report directly to the Board
of Directors and CEO/General Manager or to such other person as the CEO designates only after the
Executive Committee has given permission to do so, which permission shall not be unreasonably
withheld. Employee shall devote substantially his entire time and attention to the Business of E
ENERGY. In so doing, Employee agrees to contribute his best skills and services at all times for
the business and benefit of E ENERGY. Employee hereby represents and confirms that he is under no
contractual or legal commitment that would prevent him from fulfilling his duties and
responsibilities as set forth in this Agreement. During his employment with E ENERGY, Employee may
participate in charitable activities and personal investment activities to a reasonable extent and
he may serve as a director of business and civic organizations so long as such activities do not
interfere with the performance of his duties and responsibilities hereunder. Employee may
participate in other business activities that do not otherwise interfere with his duties under this
Agreement with the prior consent of the CEO.

2. Term and Termination of Employment. The term of Employee’s employment under this
Agreement shall commence on the Effective Date of this Agreement and shall continue thereafter
until terminated as follows:

     a. E ENERGY may terminate this Agreement without cause by notifying Employee of such
termination at least 30 days in advance of the effective date of such termination. E ENERGY may
terminate this Agreement for cause at any time without prior notice to Employee.

     b. This Agreement shall automatically terminate upon the death or permanent disability
(as determined in good faith by the Board of Directors) of Employee.

     c. Employee may terminate this Agreement by notifying the CEO of such termination at
least 60 days in advance of the effective date of such termination, However, in the event Employee
terminates this Agreement prior to one year from the Effective Date, Employee will be required to
repay all reasonable recruiting costs incurred by E ENERGY in recruiting him and his replacement.

Except as provided herein, all of Employee’s right to compensation and other benefits hereunder
shall terminate upon the date his employment terminates, except: as may be mandated by law with
respect to health insurance or other benefits.

3. Position and Duties. Employee shall be the Chief Financial Officer of E ENERGY
and shall have the authority, duties, and responsibilities commensurate and consistent with such
position and title as designated by the CEO and the Board of

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Directors from time to time, including, within established limitations, (a) budgeting, managing and
controlling departmental or office-specific expenditures, as applicable; (b) planning,
developing and implementing strategy for operational management and development so as to
meet such performance plans, budgets and timescales as may be adopted by the Board; (c)
establishing and maintaining appropriate systems for measuring key aspects of operational
management and development; and (d) monitoring, measuring and reporting on operational issues; and
(e) ensuring compliance with any relevant requirements for quality management, health and safety,
legal stipulations, and general duties of care. Employee additionally will be responsible for all
such duties as listed in E ENERGY’s job description for the Chief Financial Officer position.

4. Compensation.

     a. Base Salary. For all services rendered by Employee to E ENERGY hereunder, Employee
shall be paid an annual base salary of One Hundred Thousand Dollars ($100,000.00). Upon moving
family to the local area, Employee will receive a one time $10,563 moving allowance. Base salary
payments shall be paid in accordance with E ENERGY’S payroll policies and procedures as established
from time to time. During each year after the first year of Employee’s employment hereunder, the
CEO and Board of Directions will conduct an annual performance review of Employee and thereafter
establish Employee’s base salary for the upcoming year.

     b. Pre-Start up Bonus. For exceptional services rendered by Employee to E ENERGY
prior to startup, a bonus up to and including, but not greater than, Twenty Thousand
Dollars ($20,000) may be awarded at the discretion of the CEO and Board of Directors.

     c. Annual Performance Bonus. Beginning ninety (90) days after the startup, Employee
will be eligible for an annual performance bonus up to and including, but not greater than, 50% of
his base salary at the discretion of the CEO and Board of Directors. Such bonus will be based upon
achievement of certain profitability and operational efficiencies relative to the industry and
such other criteria that the CEO and Board of Directors from time to time determine in
their sole discretion.

     d. Employee Benefits. While Employee is employed by E ENERGY hereunder, Employee
will be entitled to participate in all employee benefit plans and programs of E ENERGY, including
without limitations, a 401(K) plan, Section 125 Cafeteria Plan, and medical, dental, life, long
term disability, and disability insurance plans, to the extent E ENERGY offers such plans , in its
sole discretion, and to the extent that Employee meets the eligibility requirements of each
individual plan or program as generally applicable to other employees of E ENERGY provided,
however, that except as herein otherwise provided E ENERGY provides no assurance as to the adoption
or continuance of any particular employee benefit plan or program and Employee’s participation in
such plan or program is subject to the provisions, rules and regulations generally applicable to
other employees of E ENERGY.

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     e. Expenses. While Employee is employed by E ENERGY hereunder,
E ENERGY will reimburse Employee for reasonable and necessary out-of-pocket business, travel and
educational expenses incurred by him in the performance of his duties and responsibilities
hereunder, subject to E ENERGY’S policies and procedures for expense verification and documentation
in effect from time to time

     f. Paid Time Off and Holidays. While Employee is employed by E ENERGY
hereunder, Employee shall be entitled to paid PTO days as follows:

Year 0 (1st year of employment) -10 days per year

Years 1 to 4 of employment - 20 days per year

Years 5 to 14 of employment - 25 days per year

Years 15 + of employment - 30 days per year

The PTO policy is subject to annual review and amendment by the Executive Committee and subject to
change.

5. Confidential Information.

     a. For purposes of this Agreement, (1) “Confidential Information” shall mean
any information, other than Trade Secrets (as defined herein), that is of tangible or intangible
value to E ENERGY and is not generally known by or available to the competitors of E ENERGY,
including, but not limited to, (a) future business plans, licensing strategies, and advertising
campaigns; (b) information regarding agreements with employees, customers and vendors; (c) the
terms and conditions hereof, (d) any data or information defined herein as a Trade Secret, but
which is not a “trade secret” under applicable law; (e) designs, processes, formulas, plans,
devices, or material (whether or not patented or patentable) directly or indirectly useful in any
aspect of the business of E ENERGY; (f) any customer of supplier lists of E ENERGY including
special terms with suppliers or customers or any other information relative to any past, present or
prospective customers: (g) any confidential, proprietary, or secret development or research work of
E ENERGY; (h) any strategic or other business, marketing, or sales plans of E ENERGY; (i) the
content of all manuals, memoranda, production statements, sales records, business methods, systems
and forms, production records, billing rates, cost rates, employee salaries and work histories,
mailing lists, processes, inventions, formulas, job production and cost records; (j) any other
confidential or proprietary information or secret aspects of the business of E ENERGY: (2)”Trade
Secrets” shall mean all information, designs, processes, procedures, formulas or improvements that
are valuable and secret (in the sense that such is not generally known to competitors of E ENERGY)
and which fall within the definition of a “trade secret” under applicable law. For purposes of this
Agreement; (3)” Non-Competition Period” shall mean the term of this Agreement and the twenty-four
(24) month period following any expiration or termination of this Agreement; (4) “Competitive
Business” shall mean any business engaged in the

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production, marketing or sale of ethanol or other bio-fuels or otherwise conducts the Business of E
ENERGY.

     a. Employee hereby covenants and agrees that, as to Confidential
Information, at all times during the Non-Competition Period, and as to Trade Secrets, for such
time as the same shall constitute a ‘trade secret” under applicable law, Employee will not, other
than as necessary or appropriate in connection with his provision of services to E ENERGY hereunder
or in the conduct of the business of E ENERGY, either directly or indirectly, use, distribute, sell
license, transfer, assign, disclose, appropriate or otherwise communicate any trade secrets or
confidential information to any person or entity nor shall employee make use of any such trade
secrets or confidential information for his own purposes in a competitive business or for the
benefit of any other person or entity engaged in a competitive business.

     b. Employee shall immediately notify E ENERGY of any intended or
unintended, unauthorized disclosure or use of any Trade Secrets or Confidential Information by
Employee or any other person or entity of which Employee becomes aware. Employee shall cooperate
fully with E ENERGY in the procurement of any protection of E ENERGY’S rights to or in any of the
Trade Secrets of Confidential Information.

Employee acknowledges that the above described confidential information and trade secrets
constitute unique and valuable assets of E ENERGY and represent a substantial investment of time
and expense by E ENERGY and that any disclosure or other use of such confidential information or
trade secrets other than for the sole benefit of E ENERGY would be wrongful and would cause
irreparable harm to E ENERGY. During the term of Employee’s employment with E ENERGY, Employee
shall refrain from any acts or omissions that would reduce the value of such confidential
information or trade secrets. The foregoing obligations of confidentiality shall not apply to any
knowledge or information that (i) is now or subsequently becomes generally publicly known in the
form in which it was obtained from E ENERGY, other than as a direct or indirect result of the
breach of this Agreement by Employee, (ii) is independently made available to Employee in good
faith by a third party who has not violated a confidential relationship with E ENERGY, or
(iii) is required to be disclosed by legal process.

6. Ventures. If during the term of Employee’s employment with E ENERGY, Employee is engaged
in or associated with the planning or implementing of any project, program or venture involving E
ENERGY and a third party or parties, all rights in such project, program or venture shall belong to
E ENERGY. Except as approved in writing by the Board of Directors, Employee shall not be entitled
to any interest in any such project, program, or venture or to any commission, finder’s fee or
other compensation in connection therewith, other than the compensation to be paid to Employee by E
ENERGY as provided herein. Employee shall have no interest, direct or indirect, in any customer or
supplier that conducts business with E ENERGY, unless such interest has been disclosed in writing
to and approved by the Board of Directors before such customer or supplier seeks to do business
with E ENERGY.

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7. Intellectual Property Rights. Employee agrees that any and all work product, property,
data, documentation, concepts, plans, techniques, inventions, improvements, discoveries, formulas,
processes, copyrightable material, know-how and trade secret information relating to the Business
of E ENERGY which have been invented, discovered, conceived developed, created, or learned by
Employee in connection with (i) the performance of his services hereunder or (ii) the use of E
ENERGY’S resources (collectively, “Work Product”) will be at once fully disclosed by Employee to E
ENERGY shall be deemed to be “work made for hire” (as defined in the Copyright Act. 17 U.S.C.A.
§ 101 et seq., as amended’) and will be the sole and absolute property of E ENERGY.
Employee hereby unconditionally and irrevocably transfers and assigns to E ENERGY all rights, title
and interest Employee currently has or in the future may have, by operation of law or otherwise, in
or to any Work Product, including without limitation, all patents, copyrights, trademarks, service
marks and other intellectual property rights. Employee agrees to execute and deliver to E ENERGY
any transfers, assignments, documents or other instruments which E ENERGY may deem necessary or
appropriate to vest complete title and ownership of arty Work Product, and all rights therein,
exclusively in E ENERGY.

8. Covenant not to Compete. The parties recognize that Employee will be entrusted with all
aspects of the Business of E ENERGY in his role as Chief Financial Officer, and that the following
restrictions are reasonable based upon the extensive trust placed in Employee in his position with
E ENERGY. During the Non-competition Period, Employee shall not, in exchange for any financial
consideration or benefit, directly or indirectly, by or for himself or through others as
his affiliates or agents:

     a. Own, manage, operate, or control;

     b. Participate in the ownership, management, operation or control of; or

     c. Be engaged, for compensation or otherwise, as a director, officer,
partner, or consultant for, or be employed in a managerial capacity by any Competitive
Business; provided that Employee may own up to one percent (1%) of any Person whose shares
are fisted on a national stock exchange or traded in the over-the-counter market.

The geographical area in which the foregoing prohibition shall apply shall be limited to that area
which is within a 200 mile radius of E ENERGY’S facilities in Gage County, Nebraska (the
“Restricted Territory”).

9. Covenant Not To Solicit. Employee further agrees during the Non-competition Period that
he shall not, directly or indirectly, either for himself or any other person, firm or corporation,
without E ENERGY’S prior written consent:

     a. solicit, raid, entice, induce or contact any person or entity that is an employee
or that has a contractual or business relationship with, or is employed by, E ENERGY (a
“Restricted Person”) to provide similar services or enter into similar arrangements with
any Competitive Business in the Restricted Territory or solicit, entice,

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divert, appropriate., contact or request any Restricted Person to curtail or cancel its
business with E ENERGY; or

     b. solicit, recruit or attempt to solicit or hire away any employee, consultant,
contractor or other personnel of E ENERGY or solicit or induce any such Person to terminate or
otherwise diminish in any respect his, her or its relationship with E ENERGY or employ, engage or
seek to employ or engage any Person who within the twelve (12) months prior to such employment or
engagement had been an employee of E ENERGY.

10. Enforcement. The necessity of protection against competition from Employee and
the nature and scope of such protection has been carefully considered by the parties hereto. The
parties agree and acknowledge that the duration, scope and geographic areas applicable to the
covenants not to compete and not to solicit described in this Agreement are fair, reasonable and
necessary, that adequate compensation (in the form of Employees continued employment by E ENERGY
under the terms of this Agreement) has been received by Employee for such obligations, and that
these obligations (including specifically the obligations of Employee under Sections 9 and 10 of
this Agreement, which the parties expressly agree survive the termination of this Agreement) do not
prevent Employee from earning a livelihood, however, any court determines that any of the
restrictions imposed on Employee under this Agreement are not completely enforceable because they
are not reasonable, the parties hereby give the court the right and power to interpret, alter,
amend, or modify any or all of the terms contained herein to include as much of the scope, time
period and geographic area as will render such restrictions reasonable and enforceable.

Employee agrees that in the event of a breach or violation or attempted breach or violation of any
or all of the Sections 9 and 10 above, said provisions wilt cause irreparable harm to E ENERGY and
for that reason Employee further agrees that E ENERGY shall be entitled as a matter of right, to
both temporary and permanent
injunctive relief from any court of competent jurisdiction, restraining further violation of such
covenants by the Employee, his employer, employees, partners, or agents. Employee further agrees to
pay E ENERGY’S reasonable costs and expenses, including reasonable attorney fees, if E
ENERGY brings an action and substantially prevails for breach of this Agreement by Employee. E
ENERGY agrees to pay Employee’s reasonable costs and expenses, including reasonable attorney fees,
if E ENERGY brings an action for breach of this Agreement by Employee, and Employee substantially
prevails.

11 Acknowledgments. Employee hereby acknowledges and agrees that during the Term (i)
Employee will frequently be exposed to certain Trade Secrets and Confidential Information; (ii)
Employee’s responsibilities on behalf of E ENERGY will extend throughout the United States (and to
all geographical areas of the Restricted Territory); (iii) Employee may, either personally or
through E ENERGY employees, be overseeing, developing, acquiring and negotiating on behalf of E
ENERGY for expansion of E ENERGY’S business and facilities and will have knowledge of all such
additions and expansions of E ENERGY’S facilities; (iv) Employee will, either personally or through
E

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ENERGY employees, have responsibility in recruiting and retaining employees and Restricted Persons
on behalf of E ENERGY, which will generate goodwill for E ENERGY with respect to such employees and
Restricted Persons; and (v) any breach of Section 6, 7 or 9 on Employee’s part, or any breach of
Section 9 or on Employee’s part in the Restricted Territory for a reasonable period thereafter,
would necessarily involve Employee’s use of E ENERGY’S Trade Secrets and Confidential Information
and would unfairly threaten E ENERGY’S legitimate business interests, including its substantial
investment in the proprietary aspects of its business and its associated goodwill. Moreover,
Employee acknowledges that, in the event of the termination of this Agreement, Employee would have
sufficient skills to find alternative, commensurate work in his field of expertise that would not
involve a violation of any of the provisions of Section 9 or 10. Therefore, Employee acknowledges
and agrees that the covenants set forth in Sections 6 through 10 are necessary to protect E
ENERGY’S legitimate business interests and are reasonable in their scope, duration and geographic
breadth in light of E ENERGY’S need to protect such interests.

12. Governing Law, This Agreement shall be construed, interpreted and enforced in
accordance with the laws of the State of Nebraska.

13. Counter parts. This Agreement may be executed in one or more counterparts, all of
which, taken together, shall be deemed one and the same Agreement.

14. Further Acts. The parties hereto agree to perform such other acts that may be required
to carry out the terms of this Agreement.

15. Notices. Any and all notices, designations, offers, acceptances, or any other
communication provided for herein shall be given in writing by registered or certified mail,
postage prepaid, which shall be addressed, in the case of Employee, to his last known address on
the payroll records of E ENERGY, and, in the case of E ENERGY to:

E ENERGY Adams LLC

510 Main Street

P.O. Box 49

Adams, Nebraska 68301

16. Binding Effect. This Agreement shall he binding upon the heirs, successors, legal
representatives and assigns of the parties hereto, all of whom., regardless of the number of
intervening transfers, shall be bound in the same manner as the parties hereto.

17. Assignment; Benefit. This Agreement shall not be assigned by any party hereto except
upon the written consent of the other party (except as to any assignment of this Agreement by E
ENERGY to a successor of E ENERGY which conducts E ENERGY’S ethanol production and management
business activities, for which the consent of the Employee shall not be required). Nothing in this
Agreement, express or imp1ied~ is intended to confer upon any other person any rights or remedies
under or by reason of this Agreement.

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18. Legal Fees. In the event either party to this Agreement sues the other party alleging a
violation of any term of this Agreement, the prevailing party shall be entitled to reimbursement
from the non-prevailing party of the actual attorneys’ fees and costs incurred in such suit.

19. Severability. Any term or provision of this Agreement which is invalid or unenforceable
in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity
or unenforceability without rendered invalid or unenforceable the remaining terms and provisions of
this Agreement, or affecting the validity or unenforceability of any of the terms of this Agreement
in any other jurisdiction.

20. Captions. The captions herein are inserted for the convenience of reference only and
shall be ignored in the construction or interpretation hereof.

21. Entire Agreement. This Agreement, together with the exhibits, contains the entire
agreement of the parties relating to the subject matter of this Agreement and supersedes all prior
agreements and understandings with respect to such subject matter, and the parties hereto have made
no agreements, representations and warranties relating to the subject matter of this Agreement that
are not set forth herein.

22. Amendment. This Agreement sets forth the entire understanding of the parties and may
not be amended, altered or modified except by written agreement between the parties.

23. Waiver. Any waiver of any of the terms and/or conditions of this Agreement by any party
shall not be construed to be a general waiver of such terms and/or conditions, with or without
notice to the other parties.

24. Receipt and Understanding. By signing this Agreement, Employee acknowledges that
Employee has read all of this Agreement, has asked whatever questions he deems appropriate,
understands this Agreement in full and has received a copy of this Agreement.

     IN WITNESS WHEREOF; each party hereto has executed this Agreement effective as of the date
first above written.

	 	 	 	 	 
	E ENERGY ADAMS, LLC:

	 	 	 	EMPLOYEE:
	 
	 	 	 	 
	/s/ Carl Sitzmann

	 	 	 	/s/ Nicholas Stovall
	 

	 	 	 	 
	Carl Sitzmann

	 	 	 	Nicholas Stovall
	Chief Executive Officer

	 	 	 	Chief Financial Officer
	Date: 8/31/07          

	 	 	 	Date: 8/27/07          

9Exhibit 10.19

 

Exhibit 10.19

WAIVER, ASSIGNMENT AND ASSUMPTION AGREEMENT

     This Waiver, Assignment and Assumption Agreement (this “Assignment Agreement”), entered into
as of May 17, 2007, by and among Dillon Yarn Corporation, a South Carolina corporation
(“Assignor”), maintaining an office at 53 East 34th Street, Paterson, New Jersey 07514;
the several purchasers (collectively, the “Assignees”) listed on Schedule I of that certain
Stock Purchase Agreement, of even date herewith (the “Purchase Agreement”); and Unifi, Inc., a New
York corporation (the “Company”), maintaining an office at 7201 W. Friendly Avenue, Greensboro,
North Carolina 27410. Assignor, Assignees and the Company are referred to collectively herein as
the “Parties.” Capitalized terms not otherwise described herein shall have the meanings ascribed
to them in the Purchase Agreement.

WITNESSETH

     WHEREAS, Assignor and the Company are parties to that certain Registration Rights Agreement,
dated January 1, 2007 (the “Agreement”), covering the Dillon Shares beneficially owned by Assignor;

     WHEREAS, Assignor, as “Seller,” and Assignees, as “Purchasers,” are parties to the Purchase
Agreement, pursuant to which, subject to the terms, conditions, representations and warranties set
forth therein, Assignees will purchase from Assignor the Shares (the “Transfer”);

     WHEREAS, simultaneously with the closing of the transactions contemplated by the Purchase
Agreement, the Parties mutually desire that (a) with respect to the Shares, Assignor assign to each
Assignee certain of its rights and delegate certain of its obligations under the Agreement with
respect to the Shares to be sold to such Assignee under the Purchase Agreement; (b) the Company
consent to (1) the assignment and delegation contemplated hereby, (2) the Transfer, and (3) the
waiver of certain provisions in the Agreement; and (c) that each Assignee assume certain of the
obligations of Assignor under the Agreement with respect to the Shares to be sold to such Assignee
under the Purchase Agreement;

     WHEREAS, the Company’s consent to the Transfer and the waiver by the Company of certain
lock-up restrictions under the Agreement are a condition precedent to each of the Assignor’s and
the Assignees’ consummation of the Transfer;

     WHEREAS, pursuant to Section 10(b) of the Agreement, such Agreement may be amended, modified
or supplemented by the Company and the holders of a majority of the outstanding “Registrable
Securities” (as defined in the Agreement) (the “Requisite Approval”);

     WHEREAS, Assignor, prior to the effectuation of the Transfer, holds all of the Registrable
Securities; and

     WHEREAS, upon execution of this Assignment Agreement by Assignor and the Company, the
Requisite Approval shall have been received for the waiver of the provisions of the Agreement
specified below.

 

 

     NOW, THEREFORE, in consideration of the mutual covenants contained herein and other valuable
consideration, the receipt and adequacy of which are expressly acknowledged, the Parties agree as
follows:

     1. Conditions Precedent. The consents and other agreements of the Company contained in this
Assignment, including, but not limited to the Requisite Approval, shall be subject to the following
conditions precedent:

     (a) The Company shall have received a copy of the Opinion, duly executed by counsel to
Assignor;

     (b) The representations and warranties of Assignor contained in Sections 3.2 and 3.3 of the
Purchase Agreement and of the Assignees contained Sections 4.1, 4.2, 4.3(a) and 4.3(b) in the
Purchase Agreement (which Assignor and the Assignees acknowledge may be relied upon by the Company)
shall be true and correct as of the date hereof;

     (c) The representations and warranties of Assignor and the Assignees contained in Section 5
hereof shall be true and correct as of the date hereof; and

     (d) The Company shall have received all information of the Assignees required to be provided
under Section 7(b)(i) of the Agreement.

     2. Assignment and Assumption.

     (a) Effective as of the Closing Date, Assignor assigns to each Assignee its rights and
delegates its obligations under the Agreement as a “Holder” (as defined in the Agreement) with
respect to the Shares being sold to each Assignee under the Purchase Agreement.

     (b) Each Assignee hereby accepts the foregoing assignment and hereby assumes all of the
obligations of Assignor under the Agreement with respect to the Shares being sold to such Assignee,
as amended by this Assignment Agreement, as a Holder thereunder and agrees to perform such
obligations.

     (c) Notwithstanding anything to the contrary in paragraphs (a) and (b) in this Section 2 or in
the Agreement, no Assignee nor the Shares sold to such Assignee shall be subject to 6(a) and 6(b)
of the Agreement.

     (d) Section 2(a) of the Agreement shall be amended (only with respect to certificates issued
to Assignees evidencing the Shares being sold to them pursuant to the Purchase Agreement) such that
the restrictive legend required by such Section 2(a) shall be in the following form:

THE SHARES BEING EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). SUCH SHARES MAY NOT
BE TRANSFERRED UNLESS A REGISTRATION

 

 

STATEMENT UNDER THE ACT IS IN EFFECT AS TO SUCH TRANSFER OR, IN THE
OPINION OF COUNSEL FOR THE COMPANY, SUCH TRANSFER MAY BE MADE
PURSUANT TO RULE 144 OR REGISTRATION UNDER THE ACT IS OTHERWISE
UNNECESSARY IN ORDER FOR SUCH TRANSFER TO COMPLY WITH THE ACT.

          (e) The rights assigned to Assignees pursuant to this Section 2 shall be hereinafter referred
to as the “Assigned Rights.”

          (f) Notices to be delivered under the Agreement to an Assignee will be delivered to the
address listed on the signature page of such Assignee.

     3. Consent to Assignment.

     (a) Effective as of the Closing Date, the Company hereby consents to the assignment effected
hereby and to the Transfer and, effective as of the Closing Date, agrees to recognize and treat
each Assignee as a Holder of the Shares under the Agreement pursuant to the terms and conditions
hereof and that each Purchaser shall have direct privity of contract with the Company and agrees
that the Shares are Registrable Securities.

     (b) The Company hereby agrees with the Assignees that, subject to the terms and conditions of
the Agreement, the Company shall use its reasonable efforts to file, within 15 business days after
the Closing Date, with the Securities and Exchange Commission an amendment to the Registration
Statement (as defined in the Agreement), current report on Form 8-K or an amendment or supplement
to the Prospectus relating to the Registration Statement listing the Assignees as selling
stockholders under the Registration Statement; provided that, the Company shall only be obligated
to include in such filing those Assignees who have provided the information required by Section
7(b)(i) of the Agreement within 13 business days after the Closing Date. The Company shall use its
reasonable efforts to have such filings required to be declared effective by the Securities and
Exchange Commission, if any, be declared effective as promptly as possible after filing.

     4. Indemnity. Assignor hereby agrees to indemnify and hold Assignees harmless from and
against all liabilities, damages, costs and expenses (including, without limitation intended and by
way of example only, reasonable attorneys’ fees, disbursements and amounts paid in settlement of
claims) arising out of the failure of Assignor or its predecessors in interest, to perform their
respective obligations relating to the Assigned Rights, with respect to the period prior to the
date of this Assignment Agreement. Each Assignee, severally and not jointly (and with respect to
each such Assignee, individually and separately from each other Assignee), hereby agrees to
indemnify and hold Assignor harmless from and against all liabilities, damages, costs and expenses
(including, without limitation intended and by way of example only, reasonable attorneys’ fees,
disbursements and amounts paid in settlement of claims) arising out of the failure of such Assignee
or its successors in interest, to perform the obligations of “Holder” relating to the Assigned
Rights, with respect to the period from and after the date of this Assignment Agreement. The
Assignor agrees to indemnify and hold the Company harmless from and against all liabilities,
damages, costs and expenses (including, without limitation

 

 

intended and by way of example only, reasonable attorneys’ fees, disbursements and amounts
paid in settlement of claims) arising out of a dispute under this Assignment Agreement, the
Purchase Agreement and the transactions contemplated hereby and thereby, including, without
limitation, a breach of representation or warranty contained herein or therein, except to the
extent such liabilities, damages, costs and expenses result primarily from the Company’s own breach
of this Assignment Agreement or the Company’s fraud, gross negligence or willful misconduct.

     Each Assignee, severally and not jointly (and with respect to each such Assignee, individually
and separately from each other Assignee) agrees to indemnify and hold the Company harmless from and
against all liabilities, damages, costs and expenses (including, without limitation intended and by
way of example only, reasonable attorneys’ fees, disbursements and amounts paid in settlement of
claims) arising out of a dispute regarding such Assignee’s rights or liabilities under this
Assignment Agreement, the Purchase Agreement and the transactions contemplated hereby and thereby,
including, without limitation, a breach of representation or warranty contained herein or therein,
except to the extent such liabilities, damages, costs and expenses result primarily from the
Company’s own breach of this Assignment Agreement or the Company’s fraud, gross negligence or
willful misconduct. Notwithstanding the foregoing, an Assignee shall not be liable for
indemnification under this Section 4 to the extent such liabilities, damages, costs and expenses do
not result primarily from such Assignee’s own fraud, gross negligence or willful misconduct,
including, without limitation, a breach of representation or warranty contained herein or in the
Purchase Agreement.

     The Assignor, Assignees and the Company further agree and acknowledge that nothing contained
in this Section 4 shall serve to supersede, amend or modify or limit in any manner the application
of the provisions of Section 8 of the Agreement.

     5. Representations and Warranties.

          (a) Each of Assignor and the Company represent and warrant to each Assignee that (i) it is not
in default with respect to the Agreement, and (ii) the Agreement is in full force and effect except
as explicitly amended hereby.

          (b) Each Party, severally and not jointly (and with respect to each Assignee, individually and
separately from each other Assignee), represents and warrants to each of the other Parties as
follows:

               (1) This Assignment Agreement has been duly authorized, executed and delivered by such Party;

               (2) Each Party has all corporate, limited liability company, trust or partnership (as the case
may be) power and authority to enter into this Assignment Agreement and to perform its obligations
under this Assignment Agreement as they relate to the Agreement, as amended by this Assignment
Agreement; and

               (3) This Assignment Agreement constitutes the legal, valid and binding obligation of such
Party, enforceable against it in accordance with its terms, subject to applicable bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting the rights
of creditors generally and subject to general principles of equity

 

 

(regardless of whether enforceability is considered in a proceeding in equity or at law) and
except to the extent that the indemnification and contribution provisions of this Assignment
Agreement and the Agreement, as amended by this Assignment Agreement, may be unenforceable.

          (c) Assignor represents and warrants to the Company that:

               (1) None of Assignor or any of its affiliates, or any person acting on its behalf has offered
or will offer or sell the Shares by means of any form of general solicitation or general
advertising within the meaning of Rule 502(c) under the Securities Act of 1933, as amended (the
“Securities Act”); and

               (2) The Transfer of the Shares pursuant to the terms and conditions of the Purchase Agreement
may be effected without registration under the Securities Act.

     6. Miscellaneous.

     (a) Headings. The section headings used herein are inserted for convenience only and shall not affect in any way the meaning or interpretation of this Assignment Agreement.

     (b) Governing law. This Assignment Agreement shall be governed by and construed in accordance
with the laws of the State of New York applicable to agreements made and to be performed entirely
within such state, without regard to any conflicts of laws principles thereunder that would
indicate the applicability of the laws of any other jurisdiction.

     (c) Counterparts. This Assignment Agreement may be executed in one or more counterparts, each
of which shall be deemed an original but all of which together will constitute one and the same
instrument.

     (d) Dispute Resolution. Each of the Parties irrevocably submits to the jurisdiction of any
state or federal court in the State, City and County of New York solely in respect of any action,
suit or proceeding arising out of or related to this Assignment Agreement. The Parties further
agree, to the extent permitted by law, that a final and unappealable judgment against a Party in
any action, suit or proceeding contemplated above shall be conclusive and may be enforced in any
other jurisdiction within or outside the United States by suit on the judgment, a certified copy of
which shall be conclusive evidence of the fact and amount of such judgment. Any and all service of
process and any other notice in any such action, suit or proceeding shall be effective against any
Party if given by registered or certified mail, return receipt requested, or by any other means of
mail that requires a signed receipt, postage prepaid, mailed to such Party at each Party’s address
provided herein. Each Party agrees not to assert, by way of motion, as a defense or otherwise, in
any such action, suit or proceeding, any claim that it is not subject personally to the
jurisdiction of such courts, that its property is exempt or immune from attachment or execution,
that the action, suit or proceeding is brought in an inconvenient forum, that the venue of the
action, suit or proceeding is improper or that this Assignment or the subject matter hereof may not
be enforced in or by such court. THE PARTIES HEREBY IRREVOCABLY WAIVE THE RIGHT TO TRIAL BY JURY
IN ANY ACTION, SUIT OR

 

 

PROCEEDING TO ENFORCE OR INTERPRET THE PROVISIONS OF THIS ASSIGNMENT.

          (e) Severability. Any term or provision of this Assignment Agreement which is invalid or
unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective to the extent of
such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms
and provisions of this Assignment Agreement or affecting the validity or enforceability of any of
the terms or provisions of this Assignment Agreement in any other jurisdiction. If any provision
of this Assignment Agreement is so broad as to be unenforceable, the provision shall be interpreted
to be only so broad as is enforceable.

          (f) Entire Agreement. This Assignment 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 with respect to the subject matter contained herein.
There are no restrictions, promises, representations, warranties or undertakings with respect to
the subject matter contained herein, other than those set forth or referred to herein. This
Assignment Agreement supersedes all prior agreements and understandings among the Parties with
respect to such subject matter.

          (g) No Other Amendments. Except as modified by this Assignment Agreement, the terms and
provisions of the Agreement shall continue in full force and effect.

[Signature Page to Follow]

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:	 	/s/ Harvey Levy	 	 	 	By:	 	/s/ Charles F. McCoy
	 	 	 	 	 	 	 	 	 
	Name:

	 	Harvey Levy
	 	 	 	 	 	Name:
	 	Charles F. McCoy
	Title:

	 	VP Finance
	 	 	 	 	 	Title:
	 	Vice President, Secretary, General
	 

	 	 	 	 	 	 	 	 	 	Counsel and Corporate Compliance
	 

	 	 	 	 	 	 	 	 	 	and Governance Officer

Assignee:

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	     3 V Capital Master Fund, LTD.	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	/s/ Scott A. Stagg	 	 	 	 
	 

	 	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	     Scott A. Stagg, Managing Member	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	     98-0422169	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	For all signatories:	 	 	 	 
	 

	 	 	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	c/o 3 V Capital Management LLC	 	 	 	 
	3 Greenwich Office Park	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	Greenwich, CT 06831	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country	 	 	 	 
	 
	 	 	 	 	 	 
	203-660-6210	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:

	 	 	 	 	 	 	 
	Assignee:	 	 	 	 
	 
	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	     Distressed/High Yield Trading	 	 	 	 
	     Opportunities Fund Ltd.	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	/s/ Scott A. Stagg	 	 	 	 
	 

	 	 
	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	     

	 	Scott A. Stagg, Portfolio Manager	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	98-0446189	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	c/o 3 V Capital Management LLC	 	 	 	 
	3 Greenwich Office Park	 	 	 	 
	 	 	 	 	 
	Street

	 	address	 	 	 	 
	 
	 	 	 	 	 	 
	Greenwich, CT 06831	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country	 	 	 	 
	 
	 	 	 	 	 	 
	203 660 6210	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	     Pierce Diversified	 	 	 	 
	     Strategy Master Fund, LLC	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	/s/ Scott A. Stagg	 	 	 	 
	 

	 	 
	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	     Scott A. Stagg, Trading Advisor	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	     20-3911089	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber

	 
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	c/o 3 V Capital Management LLC	 	 	 	 
	3 Greenwich Office Park	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	Greenwich, CT 06831	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	203 660 6210	 	 	 	 
	 	 	 	 	 
	Facsimile 
	 	Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	     AIG Annuity Insurance Company	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	AIG Global Investment Corp.,
Investment Adviser	 	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	/s/ Dan Purser	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	     Dan Purser, Vice President	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	     75-0770838	 	 	 	 
	 

	 	 
	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 

	 	 	 	 	 	 
	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	2929 Allen Parkway, A37-01	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	Houston, TX 77019	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country	 	 	 	 
	 
	 	 	 	 	 	 
	713 831-1052	 	 	 	 
	 	 	 	 	 
	Facsimile

	 	Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	The Variable Annuity Life Insurance Company	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	AIG Global Investment Corp.,
Investment Adviser	 	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	/s/ Dan Purser	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	     Dan Purser, Vice President	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	     75-1625348	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	2929 Allen Parkway, A37-01	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	Houston, TX 77019	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country	 	 	 	 
	 
	 	 	 	 	 	 
	713 831-1052	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	SunAmerica Life Insurance Company	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By: AIG Global Investment Corp.,
Investment Adviser	 	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	/s/ Dan Purser	 	 	 	 
	 

	 	 
	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	     Dan Purser, Vice President	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	52-0502540	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of	 	 	 	Signature of Co-Subscriber
	Subscriber	 	 	 	__________________________________
	 
	 	 	 	 	 	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	2929 Allen Parkway, A37-01	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	Houston, TX 77019	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country	 	 	 	 
	 
	 	 	 	 	 	 
	713 831-1052	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	CFIP Master Fund, Ltd.	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	Chicago Fundamental Investment Partners, LLC

its, Investment Manager	 	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	/s/ Steven J. Novatney	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	 

	 	Steven J. Novatney	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	 

	 	98-0494797	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	c/o Chicago Fundamental Investment Partners, LLC	 	 
	71 South Wacker
Dr., Suite 3495	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	Chicago, IL 60606	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	(312) 416-4081	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	FRONT FOUR MASTER FUND, LTD.	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	/s/ Carlton B. Klein	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	CARLTON B. KLEIN, MANAGING MEMBER	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	 

	 	98-0520581	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	230 Park Avenue, Suite 714	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	New York, NY 10169	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country	 	 	 	 
	 
	 	 	 	 	 	 
	212 499 2533	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	 

	 	Robeco WPG Event-Driven	 	 	 	 
	 

	 	Multi-Strategy Overseas, L.P.	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	 

	 	/s/ William G. Butterfly, III	 	 	 	 
	By:

	 	/s/ Peter M. Luaft	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	William G. Butterfly, III, Senior Managing Director	 	 
	Peter M. Luaft, Managing Director	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	 

	 	98-0479391	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	c/o Robeco Investment Management, Inc.	 	 	 	 
	909 Third Avenue	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	New York, NY 10022	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	212-908-9840	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	 
	Assignee:	 	 	 	 
	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	 

	 	Robeco WPG Distressed/	 	 	 	 
	 

	 	Special Situations Overseas, L.P.	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	 

	 	/s/ William G. Butterfly, III	 	 	 	 
	By:

	 	/s/ Peter M. Luaft	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	William G. Butterfly, III, Senior Managing Director	 	 
	Peter M. Luaft, Managing Director	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	 

	 	98-0479392	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	c/o Robeco Investment Management, Inc.	 	 	 	 
	909 Third Avenue	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	New York, NY 10022	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	212-908-9840	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	Distressed Securities & Special Situations-1	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	/s/ Kristina Labermeier	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	Kristina Labermeier	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	 

	 	42-1697479	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	c/o Robeco Investment Management, Inc.	 	 	 	 
	909 Third Avenue	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	New York, NY 10022	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	212-908-0130	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	Little Bay Investment Corp.	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	/s/ Martha Salazar	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	MARTHA SALAZAR	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	 

	 	N/A	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	Calle 50, Torre Global, Piso No. 18	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	Republic of Panama	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	Panama
	 	 	 	 	 	 
	 	 	 	 	 
	Country
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	011-507-340-3237	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	Sand Spring Capital, LLCLTD.	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	/s/ Kevin Miller	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	Kevin Miller	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	 

	 	20-3244593	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Country
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	Scoggin Worldwide Fund, LTD.	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:	Old Bellows Partners, LP, its Investment Manager	 	 	 
	By:	Old Bellows Advisors, LLC, its Managing Member	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	/s/ A. Dev Chadry	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	Dev Chadry, Member	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	 

	 	98-0412761	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	660 Madison Ave., 20th Fl.	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	New York, NY 10021	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	USA
	 	 	 	 	 	 
	 	 	 	 	 
	Country
	 	 	 	 	 
	 
	 	 	 	 	 	 
	212-355-7479	 	 	 	 
	 	 	 	 	 
	Facsimile Number	 	 	 	 

 

 

IN WITNESS WHEREOF, the parties have executed this Assignment Agreement as of the day and year

first above written.

	 	 	 	 	 	 	 	 	 
	Assignor:	 	 	 	Company:
	 
	 	 	 	 	 	 	 	 
	DILLON YARN CORPORATION	 	 	 	UNIFI, INC.
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:
	 

	 	Title:
	 	 	 	 	 	Title:
	 
	 	 	 	 	 	 	 	 
	Assignee:	 	 	 	 	 	 

	 	 	 	 	 	 	 
	For Corporations, Partnerships or Trusts:	 	 	 	For Individuals:
	 
	 	 	 	 	 	 
	Hillside Apex Fund Limited	 	 	 	 
	 	 	 	 	 
	Name of Corporation, Partnership, Trust
or other entity	 	 	 	Signature of Individual
	 
	 	 	 	 	 	 
	By:

	 	/s/ Robert King	 	 	 	 
	 	 	 	 	 
	Signature	 	 	 	Name of Individual
	 
	 	 	 	 	 	 
	Robert King	 	 	 	 
	 	 	 	 	 
	Name of Above Signatory	 	 	 	Social Security Number
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Taxpayer Identification Number of
Subscriber	 	 	 	Signature of Co-Subscriber
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	For all signatories:	 	 	 	Name of Co-Subscriber
	 
	 	 	 	 	 	 
	Walker House, 87 Mary Street	 	 	 	 
	George Town	 	 	 	 
	 	 	 	 	 
	Street address	 	 	 	 
	 
	 	 	 	 	 	 
	Grand Cayman KY1-9002	 	 	 	 
	 	 	 	 	 
	City, State, Postal Code	 	 	 	 
	 
	 	 	 	 	 	 
	Cayman Islands	 	 	 	 
	 	 	 	 	 
	Country
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	44 207 360 1249	 	 	 	 
	 	 	 	 	 
	Facsimile Number

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00129-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00129-of-00352.parquet"}]]