Document:

Exhibit 10.17

                            STOCK PURCHASE AGREEMENT
                            ------------------------

         THIS STOCK PURCHASE AGREEMENT (the "Agreement"), is made and entered
into as of the 19th day of February, 2002, by and between GREATBANC TRUST
COMPANY, not in its individual or corporate capacity, but solely as trustee of
the Chromcraft Revington, Inc. Employee Stock Ownership Plan Trust (the
"Purchaser"), which forms a part of the Chromcraft Revington, Inc. Employee
Stock Ownership Plan (the "ESOP"), and COURT SQUARE CAPITAL LIMITED (the
"Selling Shareholder"), a Delaware corporation with its principal office in New
York, New York and an affiliate of Citigroup Inc.

                              W I T N E S S E T H :

         WHEREAS, the Selling Shareholder owns 5,695,418 shares, comprising
approximately 59.1%, of the issued and outstanding shares of common stock of
Chromcraft Revington, Inc. (the "Company"), a Delaware corporation;

         WHEREAS, the ESOP has been designated by the Company as an employee
stock ownership plan and is therefore designed to invest primarily in securities
of the Company for the benefit of the participants under the ESOP and their
beneficiaries;

         WHEREAS, the Selling Shareholder desires to sell and transfer to the
Purchaser, and the Purchaser desires to purchase from the Selling Shareholder,
2,000,000 shares of common stock of the Company (the "Shares") upon the terms
and subject to the conditions set forth herein (the "ESOP Purchase");

         WHEREAS, concurrently with the consummation of the ESOP Purchase, the
Selling Shareholder will sell and transfer its remaining 3,695,418 shares of
common stock to the Company, and the Company will purchase such shares from the
Selling Shareholder, upon the terms and subject to the conditions set forth in a
separate stock purchase agreement (the "Company Stock Purchase Agreement")
between the Selling Shareholder and the Company (the "Company Purchase"); and

         WHEREAS, upon consummation of the Company Purchase and the ESOP
Purchase, the Selling Shareholder will cease to be a shareholder of the Company.

         NOW, THEREFORE, in consideration of the foregoing premises, the
representations, warranties, covenants, agreements and mutual obligations
contained herein, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Purchaser and the Selling
Shareholder hereby agree as follows:

                                       -1-
<PAGE>

                                    SECTION 1

                         PURCHASE AND SALE OF THE SHARES

         1.01. Purchase and Sale of the Shares. Upon the terms and subject to
the conditions set forth in this Agreement, at the Closing (as hereinafter
defined), the Selling Shareholder shall sell, transfer, assign and deliver to
the Purchaser, and the Purchaser shall purchase and acquire from the Selling
Shareholder, all right, title and interest in and to the Shares, free and clear
of any and all liens, pledges, security interests, charges, claims, options,
rights of first refusal, rights of conversion, exchange or purchase, and adverse
claims or rights whatsoever.

         1.02. The Closing. The closing of the ESOP Purchase (the "Closing")
shall take place at the offices of Krieg DeVault LLP, One Indiana Square, Suite
2800, Indianapolis, Indiana and shall be effective as of 11:59 p.m.,
Indianapolis time, on March 15, 2002 (the "Effective Time"). The date on which
the Closing occurs shall be referred to herein as the "Closing Date." The place,
date and time of the Closing may be changed by mutual agreement of the parties.

        1.03. Purchase Price. The aggregate purchase price to be paid at the
Closing by the Purchaser to the Selling Shareholder for the Shares shall be
Twenty Million Dollars ($20,000,000) (the "Purchase Price"), or Ten Dollars
($10.00) for each of the Shares.

         1.04. Method of Payment. At the Closing, the Purchaser shall pay in
immediately available funds by wire transfer to the Selling Shareholder an
amount equal to the Purchase Price. At least 72 hours prior to the Closing, the
Selling Shareholder shall provide the Purchaser with instructions for payment of
the Purchase Price, including wire transfer instructions.

         1.05. Delivery of Stock Certificates. At the Closing, the Selling
Shareholder shall deliver to the Purchaser the certificate or certificates
representing the Shares, duly endorsed in blank or accompanied by stock powers
duly endorsed in blank, in proper form for transfer.

         1.06. Further Assurances. At the Purchaser's request, the Selling
Shareholder shall, from time to time after the Closing, execute, acknowledge and
deliver such other documents, instruments and writings and shall take such other
actions as the Purchaser may reasonably request in order to give effect to the
ESOP Purchase or otherwise as may be necessary to carry out or evidence the
transactions contemplated by this Agreement.

                                       -2-
<PAGE>

                                    SECTION 2

                 REPRESENTATIONS AND WARRANTIES OF THE PURCHASER

         The Purchaser hereby represents and warrants to the Selling Shareholder
as follows:

         2.01. Organization and Qualification. GreatBanc Trust Company is a
corporation duly organized, validly existing and in good standing under the laws
of the State of Illinois and qualifies as a bank within the meaning of Section
581 of the Internal Revenue Code of 1986, as amended. GreatBanc Trust Company is
duly qualified and has full power and authority to act as a trustee of the
Purchaser and perform all of its obligations contemplated hereby under its
organizational documents, the Employee Retirement Income Security Act of 1974,
as amended ("ERISA") and applicable law.

         2.02. Authority; No Violations. (a) The Purchaser has full power and
authority to enter into this Agreement and to carry out its obligations
hereunder and to consummate the transactions contemplated hereby subject to
fulfillment of the conditions precedent set forth in Section 5.01 hereof. This
Agreement and its execution and delivery by the Purchaser have been duly
authorized and approved by the Purchaser. Subject to the fulfillment of the
conditions precedent set forth in Section 5.01 hereof, this Agreement
constitutes a valid and binding obligation of the Purchaser, enforceable in
accordance with its terms, except to the extent limited by general principles of
equity, by equitable and other principles of ERISA, by public policy and by
bankruptcy, insolvency, reorganization, liquidation, moratorium, readjustment of
debt or other laws of general application relating to or affecting the
enforcement of creditors' rights.

         (b) Neither the execution of this Agreement nor the consummation of the
ESOP Purchase (with or without notice or lapse of time) (i) conflicts with,
violates any provision of or constitutes a breach of or default under the ESOP
or any other documents executed by the Purchaser pursuant to the ESOP, (ii) to
the Purchaser's knowledge, conflicts with or violates any law, statute, rule,
regulation or governmental requirement or any court or administrative judgment,
order, injunction, writ, directive or decree, or (iii) conflicts with, results
in a breach of or constitutes a default under any note, bond, indenture,
mortgage, deed of trust, license, lease, contract, agreement, understanding,
arrangement, commitment, instrument or other writing to which the Purchaser is a
party or, to the Purchaser's knowledge, by which the Purchaser is subject or
bound.

         2.03. No Third Party Consents. No consent, approval, authorization,
clearance or waiver of or any filing with or notice to any third party or any
government agency or authority is required for the execution, delivery and
performance of this Agreement or the consummation of the ESOP Purchase by the
Purchaser.

        2.04. No Litigation or Pending Proceedings. (a) There are no claims,
actions, suits, proceedings, arbitrations, mediations or investigations pending
or, to the Purchaser's knowledge, threatened in any court or before any
government agency or authority, arbitration panel, mediator or

                                       -3-
<PAGE>

otherwise (nor has any event occurred or circumstance arisen that may give rise
to or serve as a basis for any claim, action, suit, proceeding, litigation,
arbitration, mediation or investigation) against, by or affecting the Purchaser
that may impact the consummation of the ESOP Purchase.

         (b) The Purchaser is not (i) subject to any outstanding judgment,
order, writ, injunction, directive or decree of any court, arbitration panel or
governmental agency or authority, (ii) presently charged with or under
governmental investigation with respect to any actual or alleged violations of
any law, statute, rule, regulation or other governmental requirement, or (iii)
the subject of any pending or threatened proceeding by any government regulatory
agency or authority having jurisdiction over its business, properties or
operations, which may impact any of the Shares or the consummation of the ESOP
Purchase.

         2.05. Broker's, Finder's and Other Fees. No agent, broker, investment
banker, consultant, representative or other person acting on behalf of the
Purchaser or under the authority of the Purchaser is or shall be entitled to any
commission, broker's or finder's fee or any other form of compensation or
payment from the Purchaser relating to this Agreement or the ESOP Purchase other
than the attorneys, accountants and tax or financial advisors of the Purchaser
in connection with this Agreement and the ESOP Purchase.

        2.06. No Other Representations or Warranties. Except as expressly set
forth in this Section 2, the Purchaser makes no expressed or implied
representations or warranties whatsoever to the Selling Shareholder.

         2.07. Bring-Down of Representations and Warranties. All representations
and warranties of the Purchaser set forth in this Agreement shall be true,
accurate and complete, and shall be deemed made again, on and as of the
Effective Time.

                                    SECTION 3

            REPRESENTATIONS AND WARRANTIES OF THE SELLING SHAREHOLDER

         The Selling Shareholder hereby represents and warrants to the Purchaser
as follows:

        3.01. Organization. The Selling Shareholder is a corporation duly
organized, validly existing and in good standing under the laws of the State of
Delaware.

         3.02. Authority; No Violations. (a) The Selling Shareholder has the
requisite corporate power and authority to enter into this Agreement and to
carry out its obligations hereunder and to consummate the transactions
contemplated hereby subject to the fulfillment of the conditions precedent set
forth in Section 5.02 hereof. This Agreement and its execution and delivery by
the Selling Shareholder have been duly authorized and approved by the Board of
Directors or other appropriate committee of the Selling Shareholder, and no
other authorizations or approvals by the Selling Shareholder or any parent or
affiliate of the Selling Shareholder are required for the Selling

                                       -4-
<PAGE>

Shareholder to execute and deliver this Agreement and to consummate the ESOP
Purchase. Subject to the fulfillment of the conditions precedent set forth in
Section 5.02 hereof, this Agreement constitutes a valid and binding obligation
of the Selling Shareholder, enforceable in accordance with its terms, except to
the extent limited by general principles of equity, by equitable and other
principles of ERISA, by public policy and by bankruptcy, insolvency,
reorganization, liquidation, moratorium, readjustment of debt or other laws of
general application relating to or affecting the enforcement of creditors'
rights.

         (b) Neither the execution of this Agreement nor the consummation of the
ESOP Purchase by the Selling Shareholder (with or without notice or lapse of
time) (i) conflicts with or violates any provision of the Selling Shareholder's
certificate of incorporation, by-laws or other corporate governance document,
(ii) conflicts with or violates any law, statute, rule, regulation or
governmental requirement or any court or administrative judgment, order,
injunction, writ, directive or decree, (iii) conflicts with, results in a breach
of or constitutes a default under any note, bond, indenture, mortgage, deed of
trust, license, lease, contract, agreement, understanding, arrangement,
commitment, instrument or other writing to which the Selling Shareholder is a
party or by which the Selling Shareholder is subject or bound, (iv) gives any
person, proprietorship, partnership, limited liability company, corporation,
other entity (other than the Purchaser) or third party the right to acquire any
of the Shares or any interest in any of the Shares, or (v) results in any lien,
pledge, security interest, charge, claim, option, right of first refusal, right
of conversion, exchange or purchase, or adverse claim or right being placed upon
or relating to any of the Shares.

         3.03. Ownership. The Selling Shareholder is the sole lawful owner, of
record and together with its affiliates beneficially, of the Shares. The Shares
are free and clear of any and all liens, pledges, security interests, charges,
claims, options, rights of first refusal, rights of conversion, exchange or
purchase, and adverse claims or rights. The Selling Shareholder is not a party
to or bound by any buy-sell or other agreement, understanding or commitment with
respect to any of the Shares, other than this Agreement and the Company Stock
Purchase Agreement.

         3.04. No Third Party Consents. No consent, approval, authorization,
clearance or waiver of or any filing with or notice to any third party or any
government agency or authority not already obtained is required for the
execution, delivery and performance of this Agreement or the consummation of the
ESOP Purchase by the Selling Shareholder. No approval not already obtained of
this Agreement, the ESOP Purchase or of any of the transactions contemplated by
this Agreement is required to be obtained from the stockholders or any parent or
affiliate of the Selling Shareholder.

         3.05. No Litigation or Pending Proceedings. (a) There are no claims,
actions, suits, proceedings, arbitrations, mediations or investigations pending
or, to the Selling Shareholder's knowledge, threatened in any court or before
any government agency or authority, arbitration panel, mediator or otherwise
(nor has any event occurred or circumstance arisen that may give rise to or
serve as a basis for any claim, action, suit, proceeding, litigation,
arbitration, mediation or investigation) against, by or affecting the Selling
Shareholder that may impact any of the Shares or the consummation of the Company
Purchase or the ESOP Purchase.

                                       -5-
<PAGE>

         (b) The Selling Shareholder is not (i) subject to any outstanding
judgment, order, writ, injunction, directive or decree of any court, arbitration
panel or governmental agency or authority, (ii) presently charged with or under
governmental investigation with respect to any actual or alleged violations of
any law, statute, rule, regulation or other governmental requirement, or (iii)
the subject of any pending or threatened proceeding by any government regulatory
agency or authority having jurisdiction over its business, properties or
operations, which may impact any of the Shares or the consummation of the
Company Purchase or the ESOP Purchase.

         3.06. Broker's, Finder's and Other Fees. No agent, broker, investment
banker, consultant, representative or other person acting on behalf of the
Selling Shareholder or under the authority of the Selling Shareholder is or
shall be entitled to any commission, broker's or finder's fee or any other form
of compensation or payment from the Selling Shareholder relating to this
Agreement or the ESOP Purchase other than the Transaction Fee (as defined in the
Company Stock Purchase Agreement) and other than attorneys, accountants and tax
or financial advisors of the Selling Shareholder in connection with this
Agreement and the ESOP Purchase.

         3.07. Bring-Down of Representations and Warranties. All representations
and warranties of the Selling Shareholder set forth in this Agreement shall be
true, accurate and complete, and shall be deemed made again, on and as of the
Effective Time.

                                    SECTION 4

                                    COVENANTS

         4.01.    Covenants of the Purchaser.

         (a) Between the date hereof and the Closing Date, subject to commercial
reasonableness, the Purchaser shall not take any action that would result in or
fail to take any action that would prevent, and shall not permit its affiliates
or agents to take any action that would result in or fail to take any action
that would prevent, a breach of any representation, warranty or covenant of the
Purchaser set forth in this Agreement.

         (b) Any and all Taxes (as hereinafter defined) incurred by the
Purchaser by virtue of or relating to the ESOP Purchase shall be paid by the
Purchaser or the Company.

         4.02.    Covenants of the Selling Shareholder.

         (a) Between the date hereof and the Closing Date, subject to commercial
reasonableness, the Selling Shareholder shall not take any action that would
result in or fail to take any action that would prevent, and shall not permit
its directors, employees, affiliates or agents to take any action that would
result in or fail to take any action that would prevent, a breach of any
representation, warranty or covenant of the Selling Shareholder set forth in
this Agreement.

                                       -6-
<PAGE>

         (b) Any and all Taxes (as hereinafter defined) incurred by the Selling
Shareholder by virtue of or relating to the ESOP Purchase shall be paid by the
Selling Shareholder, except as set forth in the Company Stock Purchase
Agreement.

         4.03 Definition of "Taxes". For purposes of this Agreement, the term
"Taxes" shall mean any and all federal, state, county, local, foreign or other
income, gross receipts, capital gain, franchise, excise, withholding, personal
property, transfer, value added, alternative or add-on minimum and other taxes,
assessments, fees and charges (whether known, unknown, absolute, fixed, matured,
unmatured, contingent or otherwise and whether due or to become due), including,
without limitation, any and all interest, penalties and additions to tax in
respect of the foregoing, whether or not disputed, and any liability or
obligation to indemnify, assume or succeed to any of the foregoing.

                                    SECTION 5

                         CONDITIONS PRECEDENT TO CLOSING

        5.01. The Purchaser. The obligation of the Purchaser to consummate the
ESOP Purchase and the binding effect of this Agreement on the Purchaser is
subject to the satisfaction and fulfillment of each of the following conditions
at or prior to the Closing, unless waived in writing by the Purchaser:

         (a) Delivery of Stock Certificates. The Selling Shareholder shall have
delivered to the Purchaser the certificate or certificates representing the
Shares, duly endorsed in blank or accompanied by stock powers duly endorsed in
blank, in proper form for transfer and dated as of the Closing Date.

         (b) Corporate Action. The Board of Directors or other appropriate
committee of the Selling Shareholder shall have authorized and approved this
Agreement and the ESOP Purchase, and the Selling Shareholder shall have taken
all other corporate action necessary for the Selling Shareholder to consummate
the ESOP Purchase.

         (c) Representations and Warranties of the Selling Shareholder. Each of
the representations and warranties of the Selling Shareholder set forth in this
Agreement shall be true, accurate and complete at and as of the Effective Time.

         (d) Compliance with Covenants. The Selling Shareholder shall have
complied with all of its covenants and agreements set forth in Section 4.02 of
this Agreement.

         (e) No Lawsuits or Proceedings. No action, suit or proceeding before
any court or governmental or regulatory authority shall be pending against the
Purchaser, the Selling Shareholder or any of their respective directors or
officers seeking to restrain, prevent, limit or change the Company Purchase, the
ESOP Purchase or the related transactions contemplated hereby or by the

                                       -7-
<PAGE>

Company Stock Purchase Agreement or questioning the legality or validity of any
such transactions or seeking damages in connection with any of such
transactions.

         (f) Officers' Certificate. The Selling Shareholder shall have delivered
to the Purchaser a certificate of the Selling Shareholder's President and
Secretary certifying that the conditions set forth in Sections 5.01(a), (b),
(c), (d) and (e) hereof have been satisfied and fulfilled.

         (g) Opinions of Counsel. The Purchaser shall have received from
Dechert, counsel to the Selling Shareholder, and from Krieg DeVault LLP, counsel
to the Company, opinions, dated as of the Closing Date, in form and substance
substantially as set forth in Exhibits A and B attached hereto.

         (h) Fairness Opinion. The Trustee shall have been furnished with an
opinion of Duff & Phelps, LLC ("D&P") satisfactory to the Purchaser to the
effect that as of the Closing Date (i) the Purchase Price does not exceed the
"fair market value," as such term is defined in Section 3(18) of the Employee
Retirement Income Security Act of 1974, as amended ("ERISA"), of the Shares as
of the Closing Date, (ii) the interest rate charged under the loan from the
Company to the ESOP to pay the Purchase Price is reasonable, (iii) the ESOP
Purchase is fair to the ESOP from a financial point of view, and (iv) such
opinion shall not have been withdrawn by D&P prior to the Closing.

         (i) Financing. The ESOP shall have obtained a loan from the Company on
terms and conditions satisfactory to the Purchaser in an amount necessary to pay
the Purchase Price.

         (j) ERISA Determinations. The Trustee shall have determined that (i)
the Purchase Price does not exceed the "fair market value," as such term is
defined in Section 3(18) of the ERISA, of the Shares as of the Closing Date,
(ii) the purchase of the Shares constitutes a prudent investment under the
ERISA, (iii) the terms and conditions of the ESOP Purchase are fair and
reasonable to the ESOP from a financial point of view and in the best interest
of the ESOP participants, and (iv) the ESOP Purchase is not contrary to any
applicable laws.

        (k) Due Diligence. The Trustee shall have completed its due diligence
investigation of the Company and shall, in its sole discretion, be satisfied in
all respects with the results of such investigation.

        (l) Company Purchase. The Company Purchase shall have been consummated
concurrently with the consummation of the ESOP Purchase.

        (m) Company Representations. The Company shall have delivered to the
Purchaser representations regarding the Company's business in form and substance
satisfactory to the Purchaser.

        5.02. The Selling Shareholder. The obligation of the Selling Shareholder
to consummate the ESOP Purchase is subject to the satisfaction and fulfillment
of each of the following conditions at or prior to the Closing, unless waived in
writing by the Selling Shareholder:

                                       -8-
<PAGE>

        (a) Payment of Purchase Price. The Purchaser shall have paid the
Purchase Price in accordance with Sections 1.03 and 1.04 hereof.

         (b) Corporate Action. The Purchaser shall have authorized and approved
this Agreement and the ESOP Purchase, and the Purchaser and the Company shall
have taken all other corporate action necessary for the Purchaser to consummate
the ESOP Purchase.

        (c) Representations and Warranties of the Purchaser. Each of the
representations and warranties of the Purchaser set forth in this Agreement
shall be true, accurate and complete at and as of the Effective Time.

        (d) Compliance with Covenants. The Purchaser shall have complied with
all of its covenants and agreements set forth in Section 4.01 of this Agreement.

         (e) No Lawsuits or Proceedings. No action, suit or proceeding before
any court or governmental or regulatory authority shall be pending against the
Purchaser, the Selling Shareholder or any of their respective directors or
officers seeking to restrain, prevent, limit or change the Company Purchase, the
ESOP Purchase or the related transactions contemplated hereby or by the Company
Stock Purchase Agreement or questioning the legality or validity of any such
transactions or seeking damages in connection with any such transactions.

         (f) Officer's Certificate. The Purchaser shall have delivered to the
Selling Shareholder a certificate of the Purchaser certifying (i) that the
conditions set forth in Sections 5.02(a), (b), (c), (d) and (e) hereof have been
satisfied and fulfilled, and (ii) evidencing action taken by the Purchaser
authorizing and approving this Agreement and the ESOP Purchase.

        (g) Company Purchase. The Company Purchase shall have been consummated
concurrently with the consummation of the ESOP Purchase.

         (h) Opinion of Counsel. The Selling Shareholder shall have received
from McDermott, Will & Emery, counsel to the Purchaser, an opinion, dated as of
the Closing Date, in form and substance substantially as set forth in Exhibit C
attached hereto.

                                    SECTION 6

                            TERMINATION OF AGREEMENT

        6.01. Manner of Termination. This Agreement may be terminated and the
ESOP Purchase abandoned at any time prior to the Effective Time by written
notice delivered in accordance with Section 8.02 hereof, as follows:

        (a) By either the Purchaser or the Selling Shareholder, if:

               (i)  the ESOP Purchase contemplated by this Agreement has not
                    been consummated on or before March 15, 2002; or

                                       -9-
<PAGE>

               (ii) the Selling Shareholder and the Purchaser mutually agree in
                    writing to terminate this Agreement.

        (b) By the Purchaser, if:

               (i)  there has been a material misrepresentation or a material
                    breach of any warranty by or on the part of the Selling
                    Shareholder in its representations and warranties set forth
                    in this Agreement; or

               (ii) there has been a material breach of or a material failure to
                    comply with any covenant set forth in this Agreement by or
                    on the part of the Selling Shareholder.

        (c) By the Selling Shareholder, if:

               (i)  there has been a material misrepresentation or a material
                    breach of any warranty by or on the part of the Purchaser in
                    its representations and warranties set forth in this
                    Agreement; or

               (ii) there has been a material breach of or material failure to
                    comply with any covenant set forth in this Agreement by or
                    on the part of the Purchaser.

         6.02. Effect of Termination. Upon termination of this Agreement in
accordance with Section 6.01 hereof, this Agreement shall be of no further force
or effect and the ESOP Purchase shall be deemed to be abandoned, and there shall
be no obligation of or liability to any party hereto or any of their respective
shareholders, affiliates, directors, officers, employees, representatives or
agents, except that Sections 8.10 and 8.12 hereof shall survive any termination
of this Agreement.

                                    SECTION 7

                                 INDEMNIFICATION

         7.01. Indemnification by the Selling Shareholder. The Selling
Shareholder hereby agrees to reimburse, indemnify, defend and hold harmless the
Purchaser for, from and against each and every Loss (as hereinafter defined)
incurred by the Purchaser based upon, arising out of or relating to (a) any
inaccuracy in or breach of any representation or warranty of the Selling
Shareholder set forth in this Agreement or in any of the certificates or other
documents delivered by the Selling Shareholder to the Purchaser in connection
with the Closing, (b) any breach of any covenant of the Selling Shareholder set
forth in this Agreement, and (c) the enforcement of this Section 7.01 against
the Selling Shareholder other than the actions taken by the Purchaser to
implement this Section; provided, however, that in no event shall the Selling
Shareholder reimburse, indemnify, defend or hold harmless, or be liable to, the
Purchaser or any affiliate, successor or assignee of the Purchaser

                                      -10-
<PAGE>

for or in connection with any Loss caused by or relating to (i) any breach of
any of the Purchaser's representations, warranties or covenants set forth in
this Agreement or any other breach by the Purchaser of this Agreement, (ii) any
Taxes incurred by the Purchaser by virtue of or relating to the Company Purchase
and the ESOP Purchase, provided, however, it being understood that any Taxes
incurred by the Purchaser relating to the Company Purchase solely as a result of
(a) or (b) above shall be a Loss subject to indemnification hereunder, or (iii)
any fraud or willful misconduct of the Purchaser.

         7.02. Notice and Opportunity to Defend Third-Party Claims. Promptly
after (a) receipt by the Purchaser of notice of the assertion of any action or
claim against the Purchaser by a person not a party to this Agreement, or (b)
the discovery by the Purchaser of any Loss giving rise to indemnification
hereunder, in each case with respect to which the Purchaser expects to make a
request for indemnification hereunder, the Purchaser (the "Indemnified Party")
shall give the Selling Shareholder (the "Indemnifying Party") written notice
describing such action, claim or Loss in reasonable detail (an "Indemnification
Notice"). If the Indemnified Party fails to give the Indemnification Notice in a
timely manner and the Indemnifying Party is materially prejudiced in its defense
by such failure, then the Indemnifying Party's liability with respect to such
action, claim or Loss shall be reduced to the extent of such prejudice. Except
as otherwise provided in this Section 7.02, the Indemnifying Party shall have
the right, at its option, to defend, at its own expense and through counsel of
its own choosing, and to control the defense of any such action or claim against
the Indemnified Party; provided, however, that such counsel shall be reasonably
satisfactory to the Indemnified Party. If counsel satisfactory to the
Indemnified Party is not selected by the Indemnifying Party within thirty (30)
days of any Indemnification Notice, then the Indemnified Party may select
counsel to defend any such action or claim and, in such event, the Indemnifying
Party shall be responsible for and pay all reasonable attorneys' fees, costs and
expenses of such counsel, and the Indemnifying Party shall no longer be entitled
to select counsel with respect to or control the defense of such action or
claim. If the Indemnifying Party intends to undertake to defend an action or
claim against an Indemnified Party, then the Indemnifying Party shall give a
written notice (a "Defense Election Notice") to the Indemnified Party of its
intention to do so within thirty (30) days of the Indemnification Notice to
which such action or claim relates.

         Whether or not the Indemnifying Party chooses to so defend such action
or claim, the parties hereto shall cooperate in the defense thereof and shall
furnish such records, information and testimony, attend such settlement or other
conferences, discovery proceedings, mediations, hearings, trials and appeals and
respond to such discovery and other requests as may be reasonably requested in
connection therewith. The Indemnified Party shall not compromise or settle any
action, claim or Loss as to which indemnification hereunder is sought without
the prior written consent of the Indemnifying Party, which consent shall not be
unreasonably withheld. The Indemnifying Party shall not compromise or settle any
action, claim or Loss as to which indemnification hereunder is sought without
the prior written consent of the Indemnified Party, which consent shall not be
unreasonably withheld. Notwithstanding an election by the Indemnifying Party to
assume the defense of any action or claim, the Indemnified Party shall have the
right to employ separate counsel and to participate in, but not control, the
defense of such action or claim at the sole cost of the Indemnified Party.

                                      -11-
<PAGE>

         Notwithstanding anything contained herein to the contrary, the
Indemnified Party shall have the right to employ its own counsel in any action
or claim, to control the defense of such action or claim and to require the
Indemnifying Party to pay all reasonable fees and expenses of such counsel, if
(a) the use of counsel chosen by the Indemnifying Party to represent the
Indemnified Party would result in a conflict of interest for such counsel in the
representation of the Indemnified Party, (b) the Indemnified Party shall not
have assumed the defense of the action or claim and employed counsel reasonably
satisfactory to the Indemnified Party within the time limits set forth herein,
or (c) the Indemnifying Party shall authorize in writing the Indemnified Party
to employ separate counsel at the Indemnifying Party's expense.

         7.03. Definition of "Loss". As used in this Section 7, the term "Loss"
shall mean any and all actual or threatened losses, claims, demands, damages,
awards, liabilities, obligations, judgments, settlements, fines, penalties,
interest, costs and expenses (including, without limitation, reasonable
attorneys' fees and expenses).

         7.04. Duration. Any claim for indemnification hereunder shall be made
within two (2) years following the Closing Date. Once a claim for
indemnification hereunder has been timely made, the indemnification obligation
of the Selling Shareholder shall remain in full force and effect and binding
upon it until such claim has been paid in full or settled with the prior written
consent of the Purchaser notwithstanding that such two (2) year period has
expired.

                                    SECTION 8

                                  MISCELLANEOUS

         8.01. Survival. All representations and warranties of the Purchaser and
the Selling Shareholder, respectively, set forth in this Agreement shall survive
the Closing for a period of two (2) years following the Closing Date. The
covenants of the Purchaser and the Selling Shareholder set forth in Sections
4.01(b) and 4.02(b) hereof, respectively, with respect to Taxes shall survive
the Closing and remain in full force and effect and binding upon the Purchaser
and the Selling Shareholder, respectively, indefinitely.

         8.02. Notices. All notices, requests and other communications hereunder
shall be in writing (which shall include fax communication) and shall be deemed
to have been duly given if (a) delivered by hand, (b) delivered by certified
United States Mail, return receipt requested, first class postage pre-paid, (c)
delivered by overnight receipted delivery service, or (d) faxed if confirmed
thereafter by also mailing a copy of such notice, request or other communication
by regular United States Mail, first class postage pre-paid on the next business
day, as follows:

If to the Purchaser:                    with a copy to (which shall not
                                        constitute notice):

GREATBANC TRUST COMPANY                 MCDERMOTT, WILL & EMERY

                                                       -12-

<PAGE>

1301 W. 22nd Street, Suite 702          227 West Monroe
Oak Brook, Illinois                     Chicago, Illinois 60606-5096
ATTN: Marilyn H. Marchetti,                    ATTN: Susan Peters Schaefer, Esq.
         Senior Vice President          Telephone: (312) 372-2000
Telephone: (630) 572-5130               Facsimile: (312) 984-7700
Facsimile: (630) 571-0599
                                        CHROMCRAFT REVINGTON, INC.
                                        1100 North Washington Street
                                        Delphi, Indiana 46923
                                        Telephone: (317) 564-3500
                                        Facsimile: (317) 564-6673
                                        ATTN: Frank T. Kane, Vice President-
                                        Finance

                                        KRIEG DEVAULT LLP
                                        One Indiana Square, Suite 2800
                                        Indianapolis, Indiana 46204
                                        Telephone: (317) 636-4341
                                        Facsimile: (317) 636-1507
                                        ATTN: Nicholas J. Chulos, Esq.

If to the Selling Shareholder:          with a copy to (which shall not
                                        constitute notice):

COURT SQUARE CAPITAL LIMITED            DECHERT
399 Park Avenue                         4000 Bell Atlantic Tower
New York, New York 10043                1717 Arch Street
ATTN: Michael T. Bradley, Vice          Philadelphia, Pennsylvania 19103
   President                            ATTN: Christopher G. Karras, Esq.
Telephone: (212) 559-1120               Telephone: (215) 994-2412
Facsimile: (212) 888-2940               Facsimile: (215) 994-2222

or such substituted address or person as any party has given to the other
parties in writing.

         All such notices, requests and other communications shall be effective
(a) if delivered by hand, when delivered, (b) if mailed in the manner provided
herein, two (2) business days after deposit with the United States Postal
Service, (c) if delivered by overnight receipted delivery service, on the next
business day after deposit with such service, and (d) if by fax, on the day the
fax is completed as shown on the written fax confirmation.

         8.03. Binding Effect; Assignment. This Agreement shall be binding upon
and inure to the benefit of the parties hereto and their respective successors
and assigns; provided, however, that no party hereto may assign this Agreement
without the prior written consent of the other party.

        8.04. Benefits. Nothing in this Agreement, express or implied, is
intended to confer upon

                                      -13-
<PAGE>

any person or entity other than the parties hereto and their respective
permitted successors and assigns any rights, remedies, obligations or
liabilities under or by reason of this Agreement.

        8.05. Amendment. This Agreement may be amended, modified or supplemented
only by a written agreement executed by the parties hereto.

         8.06. Waiver. Any party hereto may waive, in writing, the performance
by the other party of any of the covenants or agreements to be performed by such
other party under this Agreement or any breach or noncompliance under this
Agreement by such other party. Any such waiver shall not operate or be construed
as a continuing waiver or a waiver of any other or subsequent nonperformance,
breach or noncompliance hereunder. No failure or delay in exercising any right
or remedy hereunder shall operate as a waiver thereof, nor shall any single or
partial exercise thereof preclude any other or further exercise thereof or the
exercise of any right or remedy hereunder or otherwise.

        8.07. Headings. The headings in this Agreement have been inserted solely
for ease of reference and should not be considered in the interpretation or
construction of this Agreement.

         8.08. Severability. In case any one or more of the provisions contained
herein shall, for any reason, be held to be invalid, illegal or unenforceable in
any respect, such invalidity, illegality or unenforceability shall not affect
any other provision of this Agreement, but this Agreement shall be construed as
if such invalid, illegal or unenforceable provision or provisions had never been
contained herein.

        8.09. Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be an original, but such counterparts shall
together constitute one and the same instrument.

         8.10. Governing Law. This Agreement shall be governed by and construed
in accordance with the laws of the State of Delaware, without giving effect to
any choice or conflict of law provisions, principles or rules (whether of the
State of Delaware or any other jurisdiction) that would cause the application of
any laws of any jurisdiction other than the State of Delaware, except to the
extent preempted by the laws of the United States of America; provided, however,
that notwithstanding any term of this Agreement to the contrary, the terms of
this Agreement shall be interpreted and construed in a manner which complies
with all applicable provisions of the Internal Revenue Code of 1986, as amended,
the ERISA and all rules and regulations promulgated pursuant to such statutes
(collectively, the "Laws"). To the extent any of the terms of this Agreement
shall, for any reason, be determined to conflict with any provision of the Laws,
then such conflicting term shall be construed in a manner that is consistent
with the Laws and the parties agree to make any amendments to this Agreement to
effectuate such consistency.

        8.11. Entire Agreement. This Agreement supersedes all other prior
understandings, commitments, representations, negotiations and agreements,
whether oral or written, between the parties hereto relating to the matters
contemplated hereby and constitutes the entire agreement

                                      -14-
<PAGE>

between the parties hereto relating to the subject matter hereof. The parties
hereto agree that the proposal letter dated January 10, 2002 from the Company
and accepted by the Selling Shareholder shall be terminated and be of no further
force or effect as of the Closing Date.

         8.12. Expenses. Each party hereto shall pay its own respective costs
and expenses related to this Agreement and the ESOP Purchase, except that the
Company shall pay the expenses of the Purchaser pursuant to agreements between
the Company and the Purchaser and except as contemplated by Section 4.01(b) of
the Company Stock Purchase Agreement.

        8.13. Certain References. Whenever in this Agreement a singular word is
used, it also shall include the plural wherever required by the context and
vice-versa. All references to the masculine, feminine or neuter genders shall
include any other gender, as the context requires.

         8.14. Construction. This Agreement is the product of negotiation by the
parties hereto and shall be deemed to have been drafted by the parties hereto.
This Agreement shall be construed in accordance with the fair meaning of its
provisions and its language shall not be strictly construed against, nor shall
ambiguities be resolved against, any party.

        8.15. Facsimile Delivery. This Agreement, once executed by any party
hereto, may be delivered to the other party by facsimile transmission.

        8.16. Recitals. The recitals, premises and "Whereas" clauses contained
on page 1 of this Agreement are expressly incorporated into and made a part of
this Agreement.

                                      * * *

                                      -15-
<PAGE>

         IN WITNESS WHEREOF, the Purchaser and the Selling Shareholder have
made, entered into and executed this Agreement as of the day and year first
above written.

                                GREATBANC TRUST COMPANY, not in its
                                Individual or Corporate Capacity but solely as
                                Trustee of the Chromcraft Revington, Inc.
                                Employee Stock Ownership Plan Trust

                                By:
                                   --------------------------------------------
                                      Michael Welgat, President,
                                      Authorized Trust Officer

                                COURT SQUARE CAPITAL LIMITED

                                By:
                                   --------------------------------------------
                                      Name:
                                      Title:

                                      -16-Exhibit 10.19

                        TERM LOAN AND SECURITY AGREEMENT
                        --------------------------------

         THIS TERM LOAN AND SECURITY AGREEMENT ("Agreement"), dated as of March
15, 2002, is by and between GreatBanc Trust Company, not in its individual or
corporate capacity, but solely as Trustee of the Chromcraft Revington, Inc.
Employee Stock Ownership Plan Trust (the "Borrower"), a trust established
pursuant to the Chromcraft Revington, Inc. Employee Stock Ownership Plan and
Chromcraft Revington, Inc., a Delaware corporation (the "Lender").

                              W I T N E S S E T H:

         WHEREAS, the Borrower is a trust intended to be exempt from taxation
under Section 501(a) of the Internal Revenue Code of 1986, as amended (the
"Code") and established pursuant to the provisions of the Chromcraft Revington,
Inc. Employee Stock Ownership Plan (the "Plan"); and

         WHEREAS, the Plan is intended to constitute an "employee pension
benefit plan" within the meaning of Section 3(2)(A) of the Employee Retirement
Income Security Act of 1974, as amended ("ERISA"), a "stock bonus plan" within
the meaning of Section 401(a) of the Code and an "employee stock ownership plan"
within the meaning of Section 4975(e)(7) of the Code; and

         WHEREAS, the Plan has been designated by the Lender, as the sponsor
thereof, as an "employee stock ownership plan" and is thus designed to invest
primarily in the stock of the Lender, which stock constitutes a "qualifying
employer security" as described in Sections 409(1) and 4975(e)(8) of the Code;

         WHEREAS, Article VI of the Plan provides that the Plan may borrow funds
to purchase stock of the Lender; and

         WHEREAS, the Plan specifically authorizes the Borrower to obtain loans,
the proceeds of which will be utilized by the Borrower to purchase stock of the
Lender or to repay a prior loan to the Borrower; and

         WHEREAS, the Lender has obtained a loan from an independent third-party
lender ("Front-end Loan") one of the purposes of which is to lend a portion of
the proceeds of the Front-end Loan to the Borrower; and

         WHEREAS, the Borrower desires to borrow monies from the Lender ("Loan")
to be used exclusively by the Borrower to purchase, directly from a shareholder
of Lender, capital stock of the Lender (the "Shares"), primarily for the benefit
of the participants in the Plan and their beneficiaries, which borrowing shall
be secured by a pledge of all of the Shares of the Lender acquired by the
Borrower with the proceeds of the Loan, subject to the release of such Shares
from collateral, as provided herein; and

<PAGE>

         WHEREAS, it is the intent of the Lender and the Borrower that the Loan
constitute an "exempt loan" within the meaning of Section 4975(d)(3) of the Code
and Section 54.4975-7(b) of the Excise Tax Regulations promulgated thereunder;
and

         WHEREAS, the Lender is willing to lend such monies to the Borrower
provided that the Borrower enters into this Agreement and complies with all the
terms and conditions stated herein, and grant to the Lender a security interest
in the Shares as provided herein;

         NOW, THEREFORE, the parties hereto agree as follows:

                                    SECTION 1
                                      LOAN

         SECTION 1.1 LOAN. Subject to the terms and conditions of this
Agreement, the Lender agrees to lend to the Borrower, and the Borrower agrees to
borrow from the Lender, on or before March 31, 2002, the sum of Twenty Million
Dollars ($20,000,000.00) (the "Loan"). The principal of the Loan will be payable
in thirty (30) annual installments on December 31 of each year commencing on
December 31, 2002 and continuing on each December 31 of each year thereafter;
provided, however, that if December 31 in any given year is not a business day,
then such annual installment shall be payable on the last business day of
December in such year. The first payment on December 31, 2002 including interest
as provided herein, shall be in the amount of $1,088,760.00 and the payments on
December 31 thereafter shall be in the amount of $1,376,961.50. The Loan shall
mature and all unpaid principal and accrued interest shall be due and payable in
full on December 31, 2031.

         SECTION 1.2 NOTE. The Loan shall be evidenced by a promissory note (the
"Note"), substantially in the form set forth in Exhibit A, dated as of the date
of the Loan, payable to the order of the Lender, and in the original principal
amount of the Loan.

                                    SECTION 2
                                    INTEREST

         SECTION 2.1 INTEREST. The principal balance of the Loan outstanding
from time to time shall bear interest at the rate of Five and 48/100 percent
(5.48 %) per annum. The Note may be prepaid at any time in whole or in part
without penalty or premium. Any payments hereunder shall be applied first to
accrued but unpaid interest, and then to the outstanding principal balance.
Prepayments shall be applied in inverse order of maturity.

                                       -2-
<PAGE>

         SECTION 2.2 BASIS OF COMPUTATION. Interest shall be computed for the
actual number of days elapsed on the basis of a 365-day year.

         SECTION 2.3 INTEREST PAYMENT DATES. Interest on the outstanding balance
of the Loan shall be included in the payments payable on the last business day
of each December commencing on December 31, 2002.

                                    SECTION 3
                            PAYMENTS AND PREPAYMENTS.

         Payments and prepayments of principal and interest shall be made in
immediately available funds to the Lender at its executive office at 1100 North
Washington Street, Delphi, Indiana 46923, or to such other location at the
Lender may direct.

                                    SECTION 4
                   REPRESENTATIONS AND WARRANTIES OF BORROWER

         To induce the Lender to make the Loan, the Borrower represents and
warrants to the Lender that:

         SECTION 4.1 ORGANIZATION. The Borrower is a trust established pursuant
to the Plan.

         SECTION 4.2 AUTHORIZATION; NO CONFLICT. The borrowings hereunder, the
execution and delivery of the Note and the performance by the Borrower of its
obligation under this Agreement and the Note are within the Borrower's
authority, purpose and powers, and have been authorized by all necessary action,
and do not and will not contravene or conflict with any provision of law or of
the trust agreement under the Plan, the Plan, or of any agreement binding upon
the Borrower.

         SECTION 4.3 TAX STATUS AND EXEMPTION. The Borrower is a trust
established under the Plan and is designed to be exempt from taxation under
Section 501(a) of the Code. The Plan is designed to be a qualified stock bonus
plan under Section 401(a) of the Code and an employee stock ownership plan under
Section 4975(e)(7) of the Code and to engage in leveraged employee stock
ownership plan transactions. The Borrower shall cooperate with the Lender to
take appropriate action to amend or revise the trust, if necessary, in order to
assure its exemption from tax, as well as the maintenance and continuation of
such tax exempt status.

                                       -3-
<PAGE>

                                    SECTION 5
                     REPRESENTATION AND WARRANTIES OF LENDER

         The Lender represents and warrants to the Borrower that:

         SECTION 5.1  ORGANIZATION; QUALIFICATION TO DO BUSINESS.

         (a) Organization. The Lender is a corporation duly organized, validly
         existing and in good standing under the laws of the State of Delaware.
         The Lender has the power to own its assets and to transact the business
         in which it is presently engaged and in which it proposes to be
         engaged. All shares of capital stock of the Lender that are issued and
         outstanding have been duly and validly issued and are fully paid and
         non-assessable.

         (b) Qualification. The Lender and its subsidiaries are qualified to do
         business or own property in all jurisdictions in which it or they
         operate or own property, other then where the failure to be so
         qualified does not or could not have a material adverse effect on the
         business, property, prospects, assets, liabilities, condition
         (financial or otherwise), or results of operation, of the Lender and
         its subsidiaries taken as a whole.

         SECTION 5.2  POWER; AUTHORITY; CONSENTS.

         (a) Power. The Lender has the requisite corporate power and authority
         to enter into this Agreement and to carry out its obligations
         hereunder. This Agreement and its execution and delivery by the Lender
         have been duly authorized by the Board of Directors of the Lender and
         constitutes a valid and binding obligation of the Lender, enforceable
         in accordance with its terms, except to the extent limited by general
         principles of equity, by public policy and by bankruptcy, insolvency,
         reorganization, liquidation, moratorium, readjustment of debt or other
         laws of general application relating to or affecting the enforcement of
         creditors' rights.

         (b) Authority. The Lender also has the requisite corporate power and
         authority to enter into each of the documents and instruments related
         to the Plan (such documents and instruments, including this Term Loan
         and Security Agreement, the Plan and the Trust under the Plan, together
         being the "ESOP Documents") and to carry out its obligations
         thereunder. Each of the ESOP Documents and their respective execution
         and delivery by the Lender have been duly authorized by the Board of
         Directors of the Lender and constitute a valid and binding obligation
         of the Lender, enforceable in accordance with their respective terms,
         except to the extent limited by general principles of equity, by public

                                       -4-

<PAGE>

         policy and by bankruptcy, insolvency, reorganization, liquidation,
         moratorium, readjustment of debt or other laws of general application
         relating to or affecting the enforcement of creditors' rights.

         SECTION 5.3  NO THIRD PARTY CONSENTS.  No consent, approval,
authorization, clearance or waiver of or any filing with or notice to any third
party or any government agency or authority is required for the execution,
delivery and performance of this Agreement, or any action taken by the Lender in
connection with this Agreement. No approval of this Agreement or the agreement
under which the Trustee purchases the shares or the Lender's agreement to
repurchase its outstanding stock from Court Square Capital Limited or any of the
transactions contemplated hereby or thereby is required to be obtained from the
stockholders of the Lender.

         SECTION 5.4 NO VIOLATION OF LAW OR AGREEMENTS. Neither the execution of
this Agreement nor the execution of any ESOP Documents (with or without notice
or lapse of time) or any action taken by the Lender hereunder or thereunder (i)
conflicts with or violates any provision of the Lender's certificate of
incorporation, by- laws or other corporate governance document; (ii) conflicts
with or violates any law, statute, rule, regulation or governmental requirement
or any court or administrative judgment, order, injunction, writ, directive or
decree; or (iii) conflicts with, results in a breach of or constitutes a default
under any note, bond, indenture, mortgage, deed of trust, license, lease,
contract, agreement, understanding, arrangement, commitment, instrument or other
writing to which the Lender is a party or by which the Lender is subject or
bound.

         SECTION 5.5 PLAN ORGANIZATION. The Plan has been duly adopted by the
Lender and is in full force and effect in accordance with its terms.

                                    SECTION 6
                              COVENANTS OF BORROWER

         Until all obligations of the Borrower hereunder and under the Note are
paid and fulfilled in full, the Borrower agrees that it shall comply with the
following covenants, unless the Lender consents otherwise, which consent shall
not be unreasonably withheld:

         SECTION 6.1 EXISTENCE, ETC. The Borrower shall not terminate, liquidate
or dissolve, and shall not sell, lease, transfer or otherwise dispose of any
material portion of its assets, except to the extent (i) required or permitted
by the terms of the Plan, or (ii) to repay the Loan or otherwise perform the
obligations under this Agreement.

        SECTION 6.2 REPORTS, CERTIFICATES AND OTHER INFORMATION. The Borrower
shall furnish the following to the Lender promptly on its request:

                                       -5-
<PAGE>

         (a) Certificates. A certificate signed by a duly authorized Trust
Officer of the Trustee, to the effect that no Event of Default, as defined in
Section 10.1, or Unmatured Event of Default, as defined in Section 11.1, has
occurred and is continuing, or, if there is any such event, describing it and
the steps, if any, being taken to cure it.

         (b) Other Information. From time to time such other information,
financial or otherwise, concerning the Borrower as the Lender may reasonably
request.

         SECTION 6.3 INDEBTEDNESS, LIENS AND TAXES. Without the prior written
consent of the Lender, the Borrower shall:

        (a) Indebtedness. Not incur, permit to remain outstanding, assume or in
any way become committed for indebtedness in respect of borrowed money, except
for: (i) indebtedness incurred hereunder; and (ii) other indebtedness to the
Lender.

         (b) Liens. Not create or permit to exist any mortgage, pledge, title
retention lien or other lien, encumbrance or security interest ("lien") with
respect to any property or assets, now owned or hereafter acquired, except the
security interest created by this Agreement and any other lien or security
interest created by this Agreement and any other lien or security interest in
favor of the Lender.

         (c) Taxes. Pay and discharge all taxes, assessments and governmental
charges or levies imposed upon it, upon its income or profits or upon any
properties belonging to it, prior to the date on which penalties attach thereto,
except that no such tax, assessment, charge, levy or claim need to be paid which
is being contested in good faith by appropriate proceedings and as to which
adequate reserves shall have been established.

         SECTION 6.4 USE OF PROCEEDS. As soon as practicable after the
disbursement of the proceeds of the Loan, the Borrower shall utilize one hundred
percent (100%) of the funds disbursed to acquire the Shares. Except as provided
in the Plan, or as otherwise required by applicable law, none of the Shares
acquired by Borrower with the proceeds of the Loan shall be subject to a put,
call, or other option, buy-sell or similar arrangement while held by Borrower
and the Plan, whether or not the Plan then constitutes an employee stock
ownership plan.

                                       -6-
<PAGE>

                                    SECTION 7
                             COVENANTS OF THE LENDER

         The Lender makes the following covenants to the Borrower:

         SECTION 7.1 DETERMINATION LETTER. The Lender covenants and agrees that
it will apply to the Internal Revenue Service as soon as practicable and in any
event within the remedial amendment period prescribed by Section 401(b) of the
Code and the regulations thereunder for a determination letter to the effect
that the Plan constitutes an employee stock ownership plan within the meaning of
Section 4975(e)(7) of the Code and is qualified under Section 401(a) of the
Code, and that the Trust is exempt from taxation under Section 501(a) of the
Code. The Lender further covenants and agrees that it will timely adopt any
amendment requested by the Internal Revenue Service as a condition for such
determination letter.

         SECTION 7.2 PLAN OPERATION. The Lender will operate and administer the
Plan as a qualified plan under Section 401(a) and 4975(e)(7) of the Code. The
Lender will operate and administer the Plan in material compliance with all
applicable ERISA requirements and regulation that are in effect and applicable
to the Plan from time to time.

         SECTION 7.3 CASH CONTRIBUTIONS. The Lender will make cash contributions
and/or pay cash dividends to the Borrower in the amounts and at the times which
will enable the Borrower to make timely payments under this Agreement. The
Lender's cash contributions made and cash dividends paid to Borrower for this
purpose are controlled by appliable limitations in Section 404 and 415 of the
Code.

                                    SECTION 8
                              CONDITIONS OF LENDING

         The obligation of the Lender to make the Loan is subject to the
conditions precedent that the Lender shall have received all of the following,
each duly executed and dated the date of the Loan, in form and substance
satisfactory to the Lender and its counsel, and in such number of signed
counterparts as the Lender may request (except for the Note, of which only the
original shall be signed):

        (a) Front-end Loan. Executed copies of a loan agreement between the
Lender and an independent third-party providing for the Front-end Loan, the
proceeds of which will be used in part to fund the Loan;

        (b) Note. The Note in the form of Exhibit A, with appropriate
insertions;

                                       -7-
<PAGE>

        (c) Miscellaneous. Such other documents and certificates as the Lender
may reasonably request.

                                    SECTION 9
                              SECURITY FOR THE LOAN

         SECTION 9.1 GRANT OF A SECURITY INTEREST BY THE BORROWER. As security
for the payment of all obligations of the Borrower under the Note and under this
Agreement, the Borrower hereby assigns to the Lender and grants to the Lender a
continuing security interest in all of the Borrower's right, title and interest
in and to the following, whether now or hereafter existing or acquired, wherever
located: (a) the Shares; and (b) all securities hereafter issued in substitution
for the foregoing, all certificates and instruments representing or evidencing
such substituted securities, together with the interest coupons (if any)
attached thereto, which shall constitute the "Collateral."

         SECTION 9.2 LIMITED RECOURSE TO THE BORROWER. By accepting this
Agreement and the Note, the Lender agrees that except as hereinafter provided,
neither the Lender, its successors or assigns nor any other person shall have
any right to the assets of the Borrower other than: (a) the Collateral (as
specified in Section 10 regarding default); (b) contributions (other than
contributions of the Lender's stock) that are made to the Borrower to meet its
obligations hereunder; and (c) earnings attributable to the Collateral and the
investment of such contributions.

         SECTION 9.3 RELEASE OF COLLATERAL. Immediately upon acquiring the
Shares, which also constitute the Collateral, the Borrower shall place the
Collateral in a suspense account under the Plan and, subject to the provisions
for the release of Collateral provided herein, the Borrower shall hold such
Collateral therein as agent for and for the benefit of the Lender and shall
release the Collateral from such suspense account and reallocate the Collateral
to the appropriate participant accounts under the Plan, as provided therein, as
follows: for each Plan Year (as defined in the Plan) during the duration of the
Loan, the number of Shares released from the security interest granted to the
Lender and from the suspense account shall equal the number of encumbered Shares
held immediately before release for the current Plan Year multiplied by a
fraction, the numerator of which is the total principal and interest paid on the
Loan in such Plan Year and the denominator of which is the sum of the numerator
plus the principal and interest to be paid under the Loan for all future years.
Such years will be determined without taking into account any possible extension
or renewal periods. Upon the release of any Shares, as provided herein, such
Shares shall no longer constitute Collateral within the meaning of this
Agreement and neither the Lender, its successors or assigns nor any other person
entitled to payment under the Loan shall have any claim, right, title or
interest in or to such released Shares.

                                       -8-
<PAGE>

        SECTION 9.4 COVENANTS CONCERNING THE COLLATERAL. The Borrower agrees
that until payment in full of all liabilities and obligations hereunder it will:

         (a) Other Claims. Promptly pay all taxes, assessments and charges upon
the Collateral, and defend the Collateral against the claims and demands of all
persons other than the Lender and other than those proper claims and demands of
the participants and their beneficiaries under the Plan.

         (b) Other Assurances. Execute such financing statements and other or
additional conveyances, assignments, agreements and instruments (and pay the
cost of filing and recording the same in all public offices deemed necessary by
the Lender) and do such other acts as the Lender may request to establish and
maintain a valid security interest in the Collateral, and, to the extent not
inconsistent with rights of participants in the Plan and their beneficiaries, to
keep the Collateral, free and clear of all other liens and claims.

                                   SECTION 10
                                     DEFAULT

        SECTION 10.1 EVENTS OF DEFAULT. Each of the following occurrences is
hereby defined as an "Event of Default":

         (a) Nonpayment. The Borrower shall fail to make any payment of
principal, interest or other amounts payable hereunder when and as due if such
failure shall continue for fifteen (15) days after such due date; provided,
however, it shall not be an Event of Default if the Lender fails to make
contributions to the Plan sufficient to enable the Borrower to make payment
hereunder; or

         (b) Noncompliance with this Agreement. The Borrower shall fail to
comply with any provision hereof, which failure does not otherwise constitute an
Event of Default, and such failure shall continue for thirty (30) days after
written notice thereof to the Borrower by the Lender or any other holder of the
Note.

         SECTION 10.2 REMEDIES. Upon the occurrence of any such Event of Default
and during the continuance thereof, the Lender or any other holder of the Note
may declare the Note and any other amounts owed to the Lender to be immediately
due and payable, whereupon the Note and any other amounts payable hereunder,
shall forthwith become due and payable.

                                       -9-
<PAGE>

         SECTION 10.3 REMEDIES AGAINST COLLATERAL. If an Event of Default shall
have occurred and be continuing, the Lender shall have the following rights with
respect to the Collateral:

         (a) Sale of Collateral. Upon at least thirty (30) days' prior written
notice to the Borrower, the Lender may sell, assign, transfer and deliver the
whole or, from time to time, any part of the Collateral at public or private
sale for cash, upon credit or for other property, for immediate or future
delivery, and for such price or prices and on such terms as are commercially
reasonable. The Lender shall be authorized at any sale (if it deems it advisable
to do so) to restrict the prospective bidders or purchasers to persons who will
represent and agree that they are purchasing the Collateral for their own
account for investment purposes and not with a view to the distribution or
resale thereof, and upon consummation of any such sale the Lender shall have the
right to assign, transfer and deliver to the purchaser or purchasers thereof the
Collateral so sold. The notice given pursuant to this section, in case of public
sale, shall state the time and place for such sale. Any such public sale shall
be held at such time or times within ordinary business hours and at such place
or places as the Lender may fix and shall state in the notice or publication (if
any) of such sale. The Lender shall not be obligated to make any sale of the
Collateral if it shall determine not to do so, regardless of the fact that
notice of sale of the Collateral may have been given. In case sale of all or any
part of the Collateral is made on credit or for future delivery, the Collateral
so sold may be retained by the Lender until the sale price is paid by the
purchaser or purchasers thereof. In case any such purchaser or purchasers shall
fail to take up and pay for the Collateral so sold, such Collateral may be sold
again upon like notice. At any sale made pursuant to this Agreement, the Lender
may bid for or purchase any part or all of the Collateral offered for sale and
may make payment on account thereof by using any claim then due and arising
hereunder and payable to the Lender from the Borrower as a credit against the
purchase price. As an alternative to exercising the power of sale herein
conferred upon it, the Lender may proceed by suit or suits at law or in equity
to foreclose its security interest in the Collateral and sell the Collateral or
any portion thereof pursuant to judgment or decree of a court or courts having
competent jurisdiction.

         (b) Transfer of Collateral. To enable the Lender to make the foregoing
sale of Collateral, upon the occurrence of an Event of Default hereunder, the
Borrower shall transfer to the Lender, from the suspense account established
pursuant to the Plan, Shares of a value (determined in accordance with the
principles of Section 3(18) of ERISA), sufficient to satisfy the amount of the
Default, subject to the limitations provided in Section 10.4 hereof, and
provided, that the Lender shall have no right to receive any of the Shares that
exceed, in value, as determined under the principles of Section 3(18) of ERISA,
the amount of the default. The proceeds of the sale of such Shares shall be
applied solely to payment in full of the amount of the default.

                                      -10-
<PAGE>

         SECTION 10.4  LIMITATION OF RECOURSE TO THE SHARES.
Notwithstanding anything to the contrary in this Section 10, if, at the time of
the Event of Default giving rise to the obligation of the Borrower to transfer
the Collateral as provided in Section 10.3(b), the Lender or any holder of the
Note constitutes a "party in interest" within the meaning of Section 3(14) of
ERISA or a "disqualified person" within the meaning of Section 4975(e)(2) of the
Code, then the value of the Shares, as determined under the principles of
Section 3(18) of ERISA, to be transferred to the Lender by the Borrower shall
not exceed that portion of the value of the Shares necessary to bring the
Borrower current under the payment schedule contained in Section 1.

         SECTION 10.5 SECURITIES ACT, ETC. The Borrower understands that
compliance with the Securities Act of 1933 may limit the course of conduct of
the Lender if the Lender were to attempt to dispose of all or any part of the
Collateral and may also limit the extent to which or the manner in which any
subsequent transferee of any Collateral may dispose of same. Similarly, there
may be other restrictions affecting the Lender in any attempt to dispose of all
or any part of the Collateral under applicable state securities laws or similar
laws analogous in purpose or effect.

                                   SECTION 11
                                   DEFINITIONS

         SECTION 11.1  GENERAL.  As used herein:

         (a) The term "subsidiary" means any corporation, partnership, joint
venture, trust or other legal entity of which the Borrower or Lender owns
directly or indirectly fifty percent (50%) or more of the outstanding voting
stock, or of which the Borrower or Lender has effective control, by contract or
otherwise.

         (b) The term "Unmatured Event of Default" means an event which, if not
cured or waived, would become an Event of Default with notice or the passage of
time, or both.

         SECTION 11.2 APPLICABILITY OF SUBSIDIARY REFERENCES. Terms hereof
pertaining to any subsidiary shall apply only during such times as the Borrower
and the Lender have any subsidiary.

                                   SECTION 12
                                  MISCELLANEOUS

         SECTION 12.1 WAIVER OF DEFAULT. The Lender may, by notice to the
Borrower, at any time and from time to time, waive any default in the
performance or observance of any condition, covenant or other term hereof, which
shall be for such

                                      -11-
<PAGE>

period and subject to such conditions as shall be specified in any such notice.
In the case of any such waiver, the Lender and the Borrower shall be restored to
their former position and rights hereunder and under the Note, respectively, and
any Event of Default so waived shall be deemed to be cured and not continuing;
but no such waiver shall extend to or impair any right consequent thereon or to
any subsequent or other Event of Default.

         SECTION 12.2 NOTICES. All notices, requests, demands, instructions and
other communications hereunder shall be in writing and shall be delivered
personally, sent by registered or certified mail, postage prepaid, return
receipt requested or other means of receipted delivery, or sent by telex,
telecopier or other electronic facsimile transmission and shall be deemed to
have been given or made when delivered or received, addressed as follows (or to
such other address or addressee as the party to be notified shall have given
notice as herein provided):

         (a)      If to the Lender:

                           Michael E. Thomas, President
                           Chromcraft Revington, Inc.
                           1100 North Washington Street
                           Delphi, Indiana  46923

         (b)      If the Borrower:

                           Marilyn H. Marchetti, Senior Vice President
                           GreatBanc Trust Company
                           1301 W. 22nd Street, Suite 702
                           Oak Brook, Illinois 60523

         SECTION 12.3 SURVIVAL OF AGREEMENTS. All agreements made herein shall
survive the delivery of the Note and the making of loans hereunder.

         SECTION 12.4 SUCCESSORS. This Agreement shall, upon execution and
delivery by the Borrower, and acceptance by the Lender in Indianapolis, Indiana,
become effective and shall be binding upon and inure to the benefit of the
Borrower, the Lender and their respective successors and assigns.

         SECTION 12.5 CAPTIONS. Captions in this Agreement are for convenience
of reference only and shall not define or limit any of the terms or provisions
hereof. References herein to Sections or provisions without reference to the
document in which they are contained are references to this Agreement.

                                      -12-
<PAGE>

         SECTION 12.6 SINGULAR AND PLURAL. Unless the context requires
otherwise, wherever used herein the singular shall include the plural and vice
versa, and the use of one gender shall also denote the others where appropriate.

         SECTION 12.7 COUNTERPARTS. This Agreement may be executed by the
parties on any number of separate counterparts, and by each party on separate
counterparts; each counterpart shall be deemed an original instrument; and all
of the counterparts taken together shall be deemed to constitute one and the
same instrument.

         SECTION 12.8 CONSTRUCTION. Subject to the provisions of Section 12.9 of
this Agreement and except to the extent preempted by the laws of the United
States of America, the Note and any document or instrument executed in
connection herewith shall be governed by, and construed and interpreted in
accordance with, the internal laws of the State of Indiana without reference to
the conflicts of laws principles thereof, and shall be deemed to have been
executed in the State of Delaware.

         SECTION 12.9  SEVERABILITY; ERISA AND CODE CONTROL.
Notwithstanding any provision of this Agreement or the Note or any other
document executed in connection herewith, the terms and conditions of such
documents shall be interpreted and construed in a manner which is consistent and
complies with all of the provisions of ERISA, the Code and the regulations
promulgated thereunder concerning exempt loans to employee stock ownership plans
(the "Authorities"). To the extent any of the terms and conditions of either
this Agreement, the Note or any other document or instrument executed in
connection herewith shall, for any reason, be held to conflict with any
provision of the Authorities, such conflicting provision(s) shall be construed
in a manner which is consistent with the Authorities and the parties agree to
make any amendments to this Agreement, the Note and any document executed in
connection herewith, to effectuate such consistency.

                                      -13-
<PAGE>

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

                             GREATBANC TRUST COMPANY, not in its
                             individual or corporate capacity, but solely as
                             trustee of the Chromcraft Revington, Inc. Employee
                             Stock Ownership Trust

                             By:
                                -------------------------------
                                  Michael Welgat, President

                             CHROMCRAFT REVINGTON, INC.

                             By:
                                -------------------------------
                                  Michael E. Thomas, President

                                      -14-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00035-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00035-of-00352.parquet"}]]