Document:

Exhibit (10)-rr

    
      

    

     

      Exhibit
      (10)-rr

     

    LETTER
      WAIVER

     

      

    To:     Bausch
      & Lomb B.V. (the Company)
      

       
      Koolhovenlaan 110

       
      1119 NH Schiphol-Rijk

       
      The Netherlands

    

    Fax:    +31
      20
      6554 651

    Attn:    Financial
      Controller

    

    

    and:    Bausch
      & Lomb Incorporated (the Guarantor)
      

                One
      Bausch
& Lomb Place

       
      Rochester

       
      New York 14604

       
      United States of America

    

    Fax:     +1
      585
      338 8188

    Attn:   
Corporate
      Treasury Operations

     

      29
      January, 2007

     

      Dear
      Sirs,

     

      US$375,000,000
      credit agreement dated 29 November 2005 (as amended) between (among others)
      the
      Company, the Guarantor and Citibank International plc as facility agent
      (the
      Agreement)

     

    	1.  	
            Background

          

     

    	(a)  	
            This
              letter is supplemental to and amends the
              Agreement.

          

     

    	(b)  	
            Pursuant
              to Clause 25 (Amendments and Waivers) of the Agreement, the Majority
              Lenders have consented to the amendments to the Agreement contemplated
              by
              this letter. Accordingly, we are authorised to execute this letter
              on
              behalf of the Finance Parties.

          

     

    	2.  	
            Interpretation

          

     

    	(a)  	
            Capitalised
              terms defined in the Agreement have the same meaning when used in this
              letter unless expressly defined in this
              letter.

          

     

    	(b)  	
            The
              provisions of Clause 1.2 (Construction) of the Agreement apply to this
              letter as though they were set out in full in this letter except that
              references to the Agreement are to be construed as references to this
              letter.

          

     

    	(c)  	
            Effective
              Date
              means 31 January, 2007, provided that the Facility Agent shall have
              given
              notification to the Obligors that it has received a copy of this letter
              countersigned by the Company and the Guarantor.

          

     

    	3.  	
            Amendments

          

     

    	(a)  	
            Subject
              to subparagraph (b) below, the Agreement will be amended from the
              Effective Date in accordance with subparagraph (c)
              below.

          

     

    	(b)  	
            The
              Agreement will not be amended by this letter unless the Facility Agent
              has
              received a copy of this letter countersigned by the Company and the
              Guarantor on or before the Effective Date.

          

     

    	(c)  	
            The
              Agreement will be amended as follows:

          

     

    	(i)  	
            Clause
              19.5(a) (Cross-default) be amended by deleting the figure “US$50,000,000”
              and replacing it with the figure
              “US$70,000,000”;

          

     

    	(ii)  	
            Clause
              19.11(a)(ii) (BLIO Matters) of the Agreement shall be amended by deleting
              the reference to “31 January 2007” in the last line thereof and replacing
              it with “30 April 2007”;

          

     

    	(iii)  	
            the
              definition of Confidential
              Disclosures
              shall be amended by replacing “16 May, 2006” with “the date of this
              letter”;

          

     

    	(iv)  	
            the
              definition of Other
              Announcements
              shall be amended as follows:

          

     

    	 	
             (i)
              deleting
              the word “and” at the end of subparagraph (xxi);
              

          

     

    	 	
            (ii)
              deleting
              the full stop after the words "9 November 2006 " at the end of
              subparagraph (xxii) and replacing it with a semi-colon followed by
              the
              word “and”; and

          

     

    	 	
            (iii)
              inserting
              new subparagraph (xxiii as follows: 

          

     

    	 	
            "(xxiii)
              Current
              Report on Form 8-K, filed 21 December, 2006 (grant of second additional
              trading period from New York Stock Exchange (NYSE)
              and compliance with certain NYSE corporate governance disclosure
              requirements).”; and

          

     

    	(v)  	
            the
              definition of Waiver
              Termination Date
              in
              Clause 19.11(b) of the Agreement shall be deleted in its entirety and
              replaced with the following:

          

            

                     “Waiver
      Termination Date
      means
      the earlier of: 

               (i)
      6:00
      p.m.
      (Rochester, New York time) on 30 April, 2007; 

     

    	 	
            (ii)
              the
              date (if any) on which the trustee or holders of not less than 25 per
              cent. of the principal amount of outstanding securities under any series
              with an outstanding principal amount of at least US$50,000,000 under
              the
              Indenture have given to the Guarantor notice that the principal amount
              of
              such securities is due and payable immediately;

          

     

    	 	
            (ii)the
              effective date of any Form 25 to strike Guarantor’s securities from
              listing filed by NYSE with the SEC as a result of Guarantor’s failure to
              file its 2005 10-K within additional trading periods granted by the
              NYSE;
              and

          

     

    	 	
            (iii)the
              date on which the Guarantor’s 2006 annual report on Form 10-K is filed
              with the SEC.". 

          

     

    	4.  	
            Guarantee

          

     

      The
      Guarantor:

     

    	(a)  	
            agrees
              to the amendment of the Agreement as contemplated by this letter;
              and

          

     

    	(b)  	
            with
              effect from the Effective Date, confirms that the guarantee given by
              it
              under the Agreement will:

          

     

    	(i)  	
            continue
              in full force and effect; and

          

     

    	(ii)  	
            extend
              to the liabilities and obligations of the Company to the Finance Parties
              under the Finance Documents as amended by this
              letter.

          

     

    	5.  	
            Further
              Waiver

          

     

    The
      provisions of paragraph 4 of the 17 May, 2006 Letter Waiver shall be deleted
      in
      its entirety and replaced as follows:

     

    	(a)      	
            The
              Guarantor’s 2005 annual report on Form 10-K will contain financial
              statements for 2005 and restated financial statements for certain prior
              periods, including but not limited to the Guarantor’s 2004 fiscal year.
              Accordingly, in addition to the BLIO Matters and Other Matters not
              resulting in or constituting a breach of the Agreement or Default during
              the Waiver Period, as set forth in Clause 19.11(a), the
              Majority Lenders further agree,
              upon the filing of that annual report on Form 10-K, in accordance with
              the
              terms of this letter, that any representation under Clauses 16.6
              (Financial statements) and 16.11 (Compliance with laws) of the Agreement
              which is incorrect in any material respect, or any breach of the covenants
              of Clauses 17.2 (Compliance with laws) (as
              related to filings required by the Trust Indenture Act of 1939 (the
“TIA”)
              for fiscal years 2004 and 2005),
              17.7 (Maintenance of accounts) and 17.10 (Reporting requirements) or
              any
              Default arising therefrom, with respect to periods covered by the 2005
              10-K, shall be permanently and irrevocably waived, to the extent related
              to the matters described in the BLIO Announcements, Other Announcements
              or
              Confidential Disclosures.

          

     

    
      	       (b)	
               

            	
              The
                Guarantor’s 2006 annual report on Form 10-K will contain selected
                quarterly financial statements for fiscal year 2006. Accordingly,
                in
                addition to the BLIO Matters and Other Matters not resulting in or
                constituting a breach of the Agreement or Default during the Waiver
                Period, as set forth in Clause 19.11(a), the Majority Lenders further
                agree,
                upon the filing of that annual report on Form 10-K, in accordance
                with the
                terms of this letter, that any representation under Clause 16.11
                (Compliance with laws) of the Agreement which is incorrect in any
                material
                respect, or any breach of the covenants of Clauses 17.2 (Compliance
                with
                laws) (as
                related to filings required by the Trust Indenture Act of 1939 (the
                “TIA”)) for fiscal year 2006,
                17.7 (Maintenance of accounts) and 17.10 (Reporting requirements)
                or any
                Default arising therefrom, respect
                to periods covered by 2006 10-K,
                shall be permanently and irrevocably waived, to the extent related
                to the
                matters described in the BLIO Announcements, Other Announcements
                or
                Confidential Disclosures.

            

    

     

    	6.  	
            Amendment
              fee

          

     

    	(a)  	
            In
              further consideration for the matters contemplated by this letter,
              the
              Company must pay to the Facility Agent for the account of the Lenders
              which consented on or before the date of this letter to the amendments
              to
              the Agreement contemplated by this letter (the Consenting
              Lenders)
              a
              monthly fee equal to 0.10 per cent. of the total Commitments of the
              Consenting Lenders. The first such monthly fee shall be payable no
              later
              than February
              1, 2007, and subsequent monthly fees shall be payable no later than
              March
              1, 2007 and April 2, 2007; provided, however, in the event Guarantor
              files
              its 2006 Form 10-K on or before February 28, 2007, then it will have
              not
              obligation to make the March and April payments, and if the Guarantor
              files its 2006 Form 10-K on or before March 31, 2007, then it will
              have no
              obligation to make the April payment. Payments
              will be made to the account notified to the Company by the Facility
              Agent
              for this purpose. 

          

     

    	(b)  	
            All
              amounts payable under this letter are exclusive of any value added
              tax or
              other taxes of any nature and will not be subject to counterclaim or
              set-off for, or be otherwise affected by, any claim or dispute relating
              to
              any matter whatsoever and all such payments shall be made free and
              clear
              and without deduction for or on account of any present or future taxes,
              charges, deductions or withholdings.

          

     

    	7.  	
            Miscellaneous

          

     

    	(a)  	
            This
              letter is a Finance Document and a Fee
              Letter.

          

     

    	(b)  	
            From
              the Effective Date, the Agreement and this letter will be read and
              construed as one document.

          

     

    	(c)  	
            Except
              as otherwise provided in this letter, the Finance Documents remain
              in full
              force and effect.

          

     

    	(d)  	
            Except
              to the extent expressly waived in this letter, no waiver of any provision
              of any Finance Document is given by the terms of this letter and the
              Finance Parties expressly reserve all their rights and remedies in
              respect
              of any breach of, or other Default under, the Finance
              Documents.

          

     

    	8.  	
            Governing
              law

          

     

         
 This
      letter is governed by English law.

     

    

     

    /s/
      Casilda Clovis Olu Dada  

    For
      

    CITIBANK
      INTERNATIONAL PLC

    as
      Facility Agent for and on behalf of the Finance Parties

     

    Date: 29th
      January,
      2007

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    

     

    We
      agree
      with the terms of this letter.

     

    

     

    /s/
      Efrain Rivera    

    Efrain
      Rivera, Vice President & Treasurer

    For
      

    BAUSCH
      & LOMB B.V.

     

    Date: 26th
      January, 2007

     

     

     

    /s/
      Stephen C. McCluski   

    Stephen
      C. McCluski

    Sr.
      Vice
      President and CFO

    For
      

    BAUSCH
      & LOMB INCORPORATED

     

    Date: 26th
      January, 2007FOURTH AMENDMENT TO LOAN AGREEMENT

            THIS FOURTH AMENDMENT TO LOAN AGREEMENT (this "Amendment") is made and entered into as of the 1st day of December, 2006, by and among (a) LABARGE, INC., a Delaware
corporation (the “Company”) and LABARGE ELECTRONICS, INC., a Missouri corporation (“LaBarge Electronics”) (individually, a “Borrower” and collectively, the “Borrowers”), (b) U.S. BANK NATIONAL ASSOCIATION and NATIONAL
CITY BANK OF PENNSYLVANIA (individually, a “Lender” and collectively, the "Lenders") and (c) U.S. BANK NATIONAL ASSOCIATION, as agent for the Lenders (in such capacity, the “Agent”).

WITNESSETH:

            WHEREAS, the Borrowers, the Lenders and the Agent are parties to that certain Loan Agreement dated as of February 17, 2004, as amended by that certain First Amendment to
Loan Agreement dated as of April 16, 2004, that certain Second Amendment to Loan Agreement dated as of August 18, 2005, and that certain Third Amendment to Loan Agreement dated as of February 10, 2006 (as so amended, the "Loan Agreement"; all capitalized terms used
and not otherwise defined in this Amendment shall have the respective meanings ascribed to them in the Loan Agreement as amended by this Amendment); and

            WHEREAS, the Borrowers, the Lenders and the Agent desire to amend the Loan Agreement in the manner hereinafter set forth;

            NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
Borrowers, the Lenders and the Agent hereby agree as follows:

            1.         Section 2.12(b) of the Loan Agreement is hereby deleted in its entirety and the following substituted in lieu
thereof:

            “(b)      [Reserved];”

            2.         Section 5.02(i) of the Loan Agreement is hereby deleted in its entirety and the following substituted in lieu
thereof:

            “(i)        Stock Redemptions and Distributions. The Company will not, and it will not cause or permit any Subsidiary to, declare or incur any liability to make any Distribution in respect of the capital stock or other equity interests of the Company or the capital stock, membership interests or
other equity interests of such Subsidiary, as the case may be, provided, however, that (i) each wholly-owned Subsidiary shall be permitted to declare and pay cash dividends or cash distributions on their respective capital stock, membership interests or other equity
interests to the Company and/or another Subsidiary and (ii) so long as no Default or Event of Default has occurred and is continuing or would be created thereby or result therefrom, the Company shall be permitted to redeem shares of its common stock so long as the
aggregate consideration paid or committed to be paid by the Company during any fiscal year of the Company for or in connection with all such redemptions does not exceed the sum of $2,000,000.00.”

            3.         The Agent and the Lenders hereby agree that, notwithstanding any provision contained in Section 2.12(b) of the Loan
Agreement to the contrary, LaBarge Electronics shall not be required to make a mandatory prepayment on the Term Loan inan amount equal to Fifty Percent (50%) of Consolidated Excess Cash Flow for the fiscal year of the Company ended
July 2, 2006.

            4.         The Borrowers hereby jointly and severally agree to reimburse the Agent upon demand for all out‐of‐pocket
costs and expenses, including, without limitation, reasonable attorneys' fees and expenses, incurred by the Agent in the preparation, negotiation and/or execution of this Amendment and any and all other agreements, documents, instruments and/or certificates relating
to the amendment of the Borrowers' existing credit facilities from the Lenders. All of the obligations of the Borrowers under this paragraph shall survive the payment of the Borrower's Obligations owed by each Borrower and the termination of the Loan
Agreement.

            5.         All references in the Loan Agreement to "this Agreement" and any other references of similar import shall henceforth
mean the Loan Agreement as amended by this Amendment and as the same may from time to time be further amended, modified, extended, renewed or restated. All references in the other Transaction Documents to the Loan Agreement and any other references of similar import
shall henceforth mean the Loan Agreement as amended by this Amendment and as the same may from time to time be further amended, modified, extended, renewed or restated. Except to the extent specifically amended by this Amendment, all of the terms, provisions,
conditions, covenants, representations and warranties contained in the Loan Agreement shall be and remain in full force and effect and the same are hereby ratified and confirmed.

            6.         This Amendment shall be binding upon and inure to the benefit of the Borrowers, the Lenders and the Agent and their
respective successors and assigns, except that neither Borrower may assign, transfer or delegate any of its rights or obligations under the Loan Agreement as amended by this Amendment.

            7.         Each Borrower hereby represents and warrants to the Agent and each Lender that:

            (a)        the execution, delivery and performance by such Borrower of this Amendment are within the corporate powers of such
Borrower, have been duly authorized by all necessary corporate action on the part of such Borrower and require no consent of, action by or in respect of, or filing, recording or registration with, any governmental or regulatory body, instrumentality, authority,
agency or official or any other Person;

            (b)        the execution, delivery and performance by such Borrower of this Amendment do not conflict with, or result in a breach of
the terms, conditions or provisions of, or constitute a default under or result in any violation of, the terms of the Certificate or Articles of Incorporation or By‐Laws of such Borrower, any applicable law, rule, regulation, order, writ, judgment or decree of
any court or governmental or regulatory body, instrumentality, authority, agency or official or any agreement, document or instrument to which such Borrower is a party or by which such Borrower or any of its Property or assets is bound or to which such Borrower or
any of its Property or assets is subject;

            (c)        this Amendment has been duly executed and delivered by such Borrower and constitutes the legal, valid and binding
obligation of such Borrower enforceable against such Borrower in accordance with its terms;

            (d)        all of the representations and warranties made by such Borrower and/or any other Obligor in the Loan Agreement and/or in
any other Transaction Document are true and correct in all material respects on and as of the date of this Amendment as if made on and as of the date of this Amendment; and

            (e)        as of the date of this Amendment and after giving effect to this Amendment, no Default or Event of Default under or within
the meaning of the Loan Agreement has occurred and is continuing.

            8.         In the event of any inconsistency or conflict between this Amendment and the Loan Agreement, the terms, provisions and
conditions contained in this Amendment shall govern and control.

            9.         This Amendment shall be governed by and construed in accordance with the substantive laws of the State of Missouri
(without reference to conflict of law principles).

            10.       This notice is provided pursuant to Section 432.047 R.S.Mo. As used herein, “borrower(s)” means the Borrowers,
“creditor” means the Lenders and the Agent and “this writing” means the Loan Agreement as amended by this Amendment and the other Transaction Documents. ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM
ENFORCING REPAYMENT OF A DEBT INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT ARE NOT ENFORCEABLE, REGARDLESS OF THE LEGAL THEORY UPON WHICH IT IS BASED THAT IS IN ANY WAY RELATED TO THE CREDIT AGREEMENT. TO PROTECT YOU (BORROWER(S)) AND US (CREDITOR) FROM
MISUNDERSTANDING OR DISAPPOINTMENT, ANY AGREEMENTS WE REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT.

            11.       This Agreement may be executed in any number of counterparts (including facsimile counterparts), each of which shall be deemed an
original, but all of which together shall constitute one and the same instrument.

            12.       Notwithstanding any provision contained in this Amendment to the contrary, this Amendment shall not be effective unless and until
the Agent shall have received:

            (a)        this Amendment, duly executed by each Borrower, each Lender and the Agent;

           

            (b)        a consent of guarantors with respect to the Revolving Credit Guaranty (which must be in form and substance satisfactory to
the Agent and each Lender), duly executed by each of LaBarge Electronics, LaBarge – OCS, LaBarge Properties, LaBarge/STC and Pinnacle POS;

            (c)        a consent of guarantors with respect to the Term Loan Guaranty (which must be in form and substance satisfactory to the
Agent and each Lender), duly executed by each of the Company, LaBarge – OCS, LaBarge Properties, LaBarge/STC and Pinnacle POS.

            (d)        a copy of resolutions of the Board of Directors of the Company, duly adopted, which authorize the execution, delivery and
performance of this Amendment;

            (e)        a copy of resolutions of the Board of Directors of LaBarge Electronics, duly adopted, which authorize the execution,
delivery and performance of this Amendment;

            (f)         an incumbency certificate, executed by the Secretary of the Company, which shall identify by name and title and bear
the signatures of all of the officers of the Company executing this Amendment;

            (g)        an incumbency certificate, executed by the Secretary of LaBarge Electronics, which shall identify by name and title and
bear the signatures of all of the officers of LaBarge Electronics executing this Amendment; and

            (h)        certificates of corporate good standing of each of the Company, LaBarge Electronics, LaBarge – OCS, LaBarge
Properties, LaBarge/STC and Pinnacle POS issued by the Secretary of State of the state of its incorporation.

            IN WITNESS WHEREOF, the Borrowers, the Lenders and the Agent have executed this Fourth Amendment to Loan Agreement as of the 1st day of December, 2006.

                                                                                   
LABARGE, INC.

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   CEO and PRESIDENT

                                                                                   
LABARGE ELECTRONICS, INC.

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

                                                                                   
U.S. BANK NATIONAL ASSOCIATION

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

                                                                       
            NATIONAL CITY BANK OF PENNSYLVANIA

                                                                                   
By /S/CHARLES P. BUGAJSKI

                                                                                   
Name:    CHARLES P. BUGAJSKI                            

                                                                                   
Title:   VICE PRESIDENT

                                                                                   
U.S. BANK NATIONAL ASSOCIATION, as Agent

                                                                                   
By /S/THOMAS S. SHERMAN

                                                                                   
Name:    THOMAS S. SHERMAN                              

                                                                                   
Title:   VICE PRESIDENT

CONSENT OF GUARANTORS

            Each of the undersigned hereby consents to the terms, provisions and conditions contained in that certain Fourth Amendment to Loan Agreement dated as of December 1,
2006, by and among (i) LaBarge, Inc., a Delaware corporation (the “Company”) and LaBarge Electronics, Inc., a Missouri corporation (“LaBarge Electronics”) (individually, a “Borrower” and collectively, the “Borrowers”),
(ii) U.S. Bank National Association and National City Bank of Pennsylvania (individually, a “Lender” and collectively, the “Lenders”) and (iii) U.S. Bank National Association, as agent for the Lenders (in such capacity, the
“Agent”) (the "Fourth Amendment to Loan Agreement"). Each of the undersigned hereby acknowledges and agrees that (a) the execution, delivery and performance by the Borrowers of the Fourth Amendment to Loan Agreement will not adversely affect or impair any
of its obligations to the Agent and/or any Lender under that certain Guaranty dated as of February 17, 2004, and executed by the undersigned in favor of the Agent and the Lenders with respect to the indebtedness of the Company to the Agent and the Lenders (the
"Revolving Credit Guaranty"), (b) payment of all of the "Borrower's Obligations" (as defined in that certain Loan Agreement dated as of February 17, 2004, by and among the Borrowers, the Lenders and the Agent, as amended by that certain First Amendment to Loan
Agreement dated as of April 16, 2004, that certain Second Amendment to Loan Agreement dated as of August 18, 2005, that certain Third Amendment to Loan Agreement dated as of February 10, 2006, and the Fourth Amendment to Loan Agreement and as the same may from time
to time be further amended, modified, extended, renewed or restated) owed by the Company is guaranteed to the Agent and the Lenders by such undersigned pursuant to the terms of the Revolving Credit Guaranty and (c) the Revolving Credit Guaranty is in full force and
effect on the date hereof and the same is hereby ratified and confirmed.

            Executed as of the 1st day of December, 2006.

                                                                                   
LABARGE ELECTRONICS, INC., Guarantor

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

                                                                                   
LABARGE/STC, INC., Guarantor

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

                                                                                   
LABARGE – OCS, INC., Guarantor

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

                                                                                   
LABARGE PROPERTIES, INC., Guarantor

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

                                                                                   
PINNACLE POS, LLC, Guarantor

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

CONSENT OF GUARANTORS

            Each of the undersigned hereby consents to the terms, provisions and conditions contained in that certain Fourth Amendment to Loan Agreement dated as of December 1,
2006, by and among (i) LaBarge, Inc., a Delaware corporation (the “Company”) and LaBarge Electronics, Inc., a Missouri corporation (“LaBarge Electronics”) (individually, a “Borrower” and collectively, the “Borrowers”),
(ii) U.S. Bank National Association and National City Bank of Pennsylvania (individually, a “Lender” and collectively, the “Lenders”) and (iii) U.S. Bank National Association, as agent for the Lenders (in such capacity, the
“Agent”) (the "Fourth Amendment to Loan Agreement"). Each of the undersigned hereby acknowledges and agrees that (a) the execution, delivery and performance by the Borrowers of the Fourth Amendment to Loan Agreement will not adversely affect or
impair any of its obligations to the Agent and/or any Lender under that certain Guaranty dated as of February 17, 2004, and executed by the undersigned in favor of the Agent and the Lenders with respect to the indebtedness of LaBarge Electronics to the Agent and the
Lenders (the "Term Loan Guaranty"), (b) payment of all of the "Borrower's Obligations" (as defined in that certain Loan Agreement dated as of February 17, 2004, by and among the Borrowers, the Lenders and the Agent, as amended by that certain First Amendment to
Loan Agreement dated as of April 16, 2004, that certain Second Amendment to Loan Agreement dated as of August 18, 2005, that certain Third Amendment to Loan Agreement dated as of February 10, 2006, and the Fourth Amendment to Loan Agreement and as the same may from
time to time be further amended, modified, extended, renewed or restated) owed by LaBarge Electronics is guaranteed to the Agent and the Lenders by such undersigned pursuant to the terms of the Term Loan Guaranty and (c) the Term Loan Guaranty is in full force and
effect on the date hereof and the same is hereby ratified and confirmed.

            Executed as of the 1st day of December, 2006.

                                                                                   
LABARGE, INC., Guarantor

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   CEO and PRESIDENT

                                                                                   
LABARGE/STC, INC., Guarantor

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

                                                                                   
LABARGE – OCS, INC., Guarantor

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

                                                                                   
LABARGE PROPERTIES, INC., Guarantor

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

                                                                                   
PINNACLE POS, LLC, Guarantor

                                                                                   
By /S/CRAIG E. LABARGE

                                                                                   
Name:    CRAIG E.
LABARGE                                   

                                                                                   
Title:   PRESIDENT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]