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Exhibit 10.10

PREMIERWEST BANK

2007 DIRECTOR DEFERRED COMPENSATION AGREEMENT

      THIS AGREEMENT is made December 13, 2007 by and between PremierWest Bancorp, an Oregon corporation (“Bancorp”), PremierWest Bank, an Oregon-chartered bank (the “Bank”) and ________________ (the
“Director”), replacing the Agreement dated December 27, 2004, and is effective retroactively to January 1, 2005. 

	
INTRODUCTION

      To encourage the Director to remain a director of PremierWest Bancorp (“Bancorp”) and of the Bank, the Bank is willing to provide to the Director an opportunity to defer receipt of director fees. The Bank will pay the
Director’s benefit under this Agreement from the Bank’s general assets. 

      This Agreement is intended to comply with Section 409A of the Code. Any ambiguity hereunder shall be interpreted in such a way as to comply, to the extent necessary, with Section 409A of the Code and the regulations thereunder. 

	
AGREEMENT

	 	
The Director and the Bank agree as follows:

	
Article 1 

Definitions

      Whenever used in this Agreement, the following words and phrases shall have the meanings specified: 

1.1 “Cause” means: 

      1.1.1 A breach of the Director’s fiduciary duties to the Bank or Bancorp, 

     1.1.2 An intentional violation of any law or significant policy of the Bank or Bancorp, which violation could reasonably be expected to have a material adverse effect on the Bank or Bancorp,

     1.1.3 Conviction of the Director for a felony or for a misdemeanor involving moral turpitude, or 

     1.1.4 An order by an applicable regulatory authority that the Director be removed from office. 

1.2 “Change in Control” means that any of the following events occur: 

     1.2.1 Merger. Bancorp merges into or consolidates with another corporation, or merges another corporation into Bancorp, and as a result less
than 50% of the combined voting power of the resulting corporation immediately after the merger or consolidation is held by persons who were the holders of Bancorp’s voting securities immediately before the merger or consolidation. For
purposes of this Agreement, the term “person” means an individual, corporation, partnership, trust, association, joint venture, pool, syndicate, sole proprietorship, unincorporated organization or other entity. 

     1.2.2 Sale of Assets. Bancorp sells to a third party all or substantially all of Bancorp’s assets. For this purpose, sale of all or
substantially all of Bancorp’s assets includes sale of the shares or assets of the Bank. 

1.3 “Code” means the Internal Revenue Code of 1986, as amended. 

1.4 “Compensation” means director fees that would be paid to the Director during a Plan Year. 

1.5 “Deferral Account” means the Bank’s accounting of the Director’s accumulated Deferrals plus accrued interest. 

1.6 “Deferrals” means the amount of the Director’s Compensation that the Director elects to defer according to this Agreement. 

1.7 “Disability” means the Director is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental
impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months. 

1.8 “Effective Date” means January 1, 2005. 

1.9 “Election Form” means the form attached as Exhibit 1. 

1.10 “Plan Year” means the calendar year. 

1.11 “Termination for Cause” means the Director ceases to be a director of the Bank or Bancorp after (i) having been removed from office or threatened with
removal pursuant to a directive of any applicable regulatory authority, (ii) having been removed from office by a vote of shareholders at a special meeting thereof called for the purpose of such removal on the basis that Cause exists, or (iii)
having failed to receive the nomination by the Bancorp’s Board of Directors for re-election following a determination by the affirmative vote by at least 75% of the directors on the Board of Directors (with the Director abstaining from voting)
that Cause exists. Prior to the board meeting at which such determination is made that Cause exists, each director shall be given notice of the grounds for alleged Cause. The Director shall be given the notice at least 48 hours prior to the meeting
and Director and Director’s counsel (if Director chooses to have counsel present) shall have a reasonable opportunity to be heard at the meeting. 

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1.12 “Unforeseeable Emergency” means severe financial hardship of the Director resulting from an illness or accident of the Director, the Director’s
spouse, the Director’s beneficiary or a dependent (as defined in Section 152 of the Code without regard to Section 152(b)(1), (b)(2) and (d)(1)(B)), loss of the Director’s property due to casualty (including the need to rebuild a home
not otherwise covered by insurance), or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Director. Except as otherwise provided in Section 1.12, the purchase of a home and the
payment of college tuition are not unforeseeable emergencies. 

	
Article 2 

Deferral Election

2.1 Initial Election. The Director shall make an initial deferral election under this Agreement by filing with the Bank a signed Election Form within 30 days after the
Effective Date of this Agreement. The Election Form shall set forth the amount of Compensation to be deferred and shall be effective to defer only Compensation earned after the date the Election Form is received by the Bank. 

2.2 Election Changes. Upon the Bank’s approval, the Director may modify the amount of Compensation to be deferred annually by filing a new Election Form with the
Bank prior to the beginning of the Plan Year in which the Compensation is to be deferred. The modified deferral election shall not be effective until the calendar year following the year in which the subsequent Election Form is received and approved
by the Bank. 

2.3 Change in Time and Form of Distribution. The timing of a distribution of the Deferral Account may not be accelerated except as set forth in Section 4.3 or under Code
Section 409A and the regulations thereunder. Any change which delays the timing of distributions or changes the form of distributions may only be made by a written agreement signed by the Bank and the Executive and only if the following requirements
are met: 

      2.3.1 any election to change the time and form of distribution may not take effect until at least 12 months after the date on which the election is made, and 

      2.3.2 other than in the event of death, Disability or Unforeseeable Emergency, the first payment with respect to such election must be deferred for a period of at least five years from the date such payment otherwise would have
been made, and 

     2.3.3 any election related to a payment to be made at a specified time may not be made less than 12 months prior to the date of the first scheduled payment. 

	
Article 3 

Deferral Account

3.1 Establishing and Crediting. The Bank shall establish a Deferral Account on its books for the Director and shall credit to the Deferral Account the following amounts:

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      3.1.1 Deferrals. The portion of the Compensation deferred by the Director as of the time the Compensation would have otherwise been paid to the Director. 

      3.1.2 Interest. At the end of each Plan Year under this Agreement, but only until a Change in Control has occurred or until commencement of the benefit payments under
this Agreement, interest is to be credited on the account balance at an annual rate equal to the Bank’s ROE (return on equity) for that Plan Year, compounded monthly, with a maximum crediting rate of 18%. In the event the Director and the Bank
do not agree on what the Bank’s ROE was for a particular Plan Year, the Director and the Bank agree that the ROE shall be derived from the quarterly report of condition filed by the Bank with the Federal Deposit Insurance Corporation year
under Section 7(a) of the Federal Deposit Insurance Act for the fourth quarter of any year. If a Change in Control has occurred or payments have commenced, the Bank will not continue to credit interest pursuant to the ROE formula but rather will
credit interest at an annual rate of interest, compounded monthly, on the remaining account balance during any applicable installment period, equal to the highest “Prime Rate” as published in the Wall Street Journal’s “Money
Rates” section. The interest credited each Plan Year shall be determined by reference to the “Prime Rate” as of the last business day of the preceding Plan Year. 

3.2 Statement of Accounts. Within 120 days after the end of each Plan Year, the Bank shall provide to the Director a statement setting forth the Deferral Account balance.

3.3 Accounting Device Only. The Deferral Account is solely a device for measuring amounts to be paid under this Agreement. The Deferral Account is not a trust fund of any
kind. The Director is a general unsecured creditor of the Bank for the payment of benefits. The benefits represent the mere promise of the Bank to pay such benefits. The Director’s rights are not subject in any manner to anticipation,
alienation, sale, transfer, assignment, pledge, encumbrance, attachment, or garnishment by the Director’s creditors. 

	
Article 4 

Payment of Benefit

4.1 Normal Payment. The Deferral Account balance is payable to the Director commencing on the first day of the seventh month following the date of the Director’s
termination of services for the Board in the form elected by the Director in the Election Form. If the Director elects payment of the benefit as other than a lump sum, the Bank will not continue to credit interest pursuant to the ROE formula of
Section 3.1.2. Initially, each installment payment will be calculated as a level principal and interest payment based on the Director’s Deferral Account balance on the commencement date, the interest rate on the commencement date, and the
number of installments. Therefore, the amount of an installment shall be redetermined each January 1 based on the Director’s Deferral Account balance on such January 1, the interest rate on such January 1, and the number of installments
remaining. This procedure for determining installment payments shall be used wherever installments are required herein. 

4.2 Death or Disability Payment. In the event of the Director’s death or Disability, the Deferral Account balance is payable to the Director commencing the month
after death or Disability. 

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4.3 Hardship Distribution. Upon the Board of Director’s determination (following petition by the Director) that the Director has suffered an Unforeseeable Emergency,
the Bank shall distribute to the Director all or a portion of the Deferral Account balance as determined by the Bank. The amount distributed may not exceed the amount necessary to satisfy the financial hardship plus amounts necessary to pay taxes
reasonably anticipated as a result of the distribution, after taking into account the extent to which such hardship is or may be relieved through reimbursement or compensation by insurance or otherwise or by liquidation of the Director’s
assets (to the extent the liquidation of such assets would not itself cause severe financial hardship). 

	
Article 5 

Death Benefit

      In the event of the Director’s death before all benefit payments have been made under this Agreement, the Bank shall pay the remaining benefits to the Director’s beneficiary at the same time and in the same amounts
they would have been paid to the Director had the Director survived. 

	
Article 6 

Beneficiaries

6.1 Beneficiary Designations. The Director shall designate a beneficiary by filing a written designation with the Bank. The Director may revoke or modify the designation
at any time by filing a new designation. However, designations will only be effective if signed by the Director and received by the Bank during the Director’s lifetime. The Director’s beneficiary designation shall be deemed automatically
revoked if the beneficiary predeceases the Director or if the Director names a spouse as beneficiary and the marriage is subsequently dissolved. If the Director dies without a valid beneficiary designation, all payments shall be made to the
Director’s estate. 

6.2 Facility of Payment. If a benefit is payable to a minor, to a person declared incompetent, or to a person incapable of handling the disposition of his or her property,
the Bank may pay such benefit to the guardian, legal representative or person having the care or custody of such minor, incompetent person or incapable person. The Bank may require proof of incompetence, minority or guardianship as it may deem
appropriate prior to distribution of the benefit. Such distribution shall completely discharge the Bank from all liability with respect to such benefit. 

	
Article 7 

Termination for Cause

      Notwithstanding any provision of this Agreement to the contrary, the Bank shall not pay any benefit under this Agreement that is in excess of the Director’s Deferrals (i.e. no interest is paid) if the Director’s
service ends as a result of Termination for Cause or the Director’s service is voluntarily terminated under any circumstances in which the Bancorp’s Board of Directors 

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determines that Cause exists. Under such circumstances, the Director’s Deferrals shall be paid to the Director in a manner to be determined by the Bank. 

	
Article 8 

Amendments and Termination

      This Agreement may be amended or terminated only by a written agreement signed by the Bank and the Director. Notwithstanding the foregoing, the Bank may terminate this Agreement at any time if, pursuant to legislative, judicial
or regulatory action, continuation of the Agreement would result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the benefits), and such termination of this
Agreement complies with the restrictions on termination of arrangements specified in Regulations to Section 409A of the Code. In no event shall this Agreement be terminated under this section without payment to the Director of the Deferral Account
balance attributable to the Director’s Deferrals and, except in the case of Termination for Cause, interest credited on such amounts. 

	
Article 9 

Miscellaneous

9.1 Binding Effect. This Agreement shall bind the Director and the Bank and their beneficiaries, survivors, executors, administrators and transferees. 

9.2 No Guarantee of Continued Position. This Agreement is not a contract for employment, nor does it entitle the Director to remain a director of the Bank or Bancorp. It
also does not require the Director to remain a director nor interfere with the Director’s right to resign at any time. 

9.3 Non-Transferability. Benefits under this Agreement cannot be sold, transferred, assigned, pledged, attached or encumbered in any manner. 

9.4 Tax Withholding. The Bank shall withhold any taxes that are required to be withheld from the benefits provided under this Agreement. 

9.5 Applicable Law. The Agreement and all rights hereunder shall be governed by the laws of Oregon, except to the extent the laws of the United States of America otherwise
require. 

9.6 Unfunded Arrangement. The Director and the Director’s beneficiary are general unsecured creditors of the Bank for the payment of benefits under this Agreement.
The benefits represent the mere promise by the Bank to pay such benefits. The rights to benefits are not subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment, or garnishment by creditors. In
the event that Bancorp or the Bank purchase any policies of insurance for the purpose of defraying the cost to the Bank of providing benefits hereunder, any such insurance policies (whether or not on the Director’s life) shall be general
assets of Bancorp or the Bank, as applicable, to which the Director and the Director’s beneficiary have no preferred or secured claim. 

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9.7 Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm, or
person unless such succeeding or continuing bank, firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such event, the term “Bank” as used in this Agreement shall be
deemed to refer to the successor or survivor bank. 

9.8 Entire Agreement. This Agreement constitutes the entire agreement between the Bank and the Director as to the subject matter hereof. No rights are granted to the
Director by virtue of this Agreement other than those specifically set forth herein. 

9.9 Administration. The Bank shall have powers which are necessary to administer this Agreement, including but not limited to: 

      9.9.1 interpreting the provisions of the Agreement, 

      9.9.2 establishing and revising the method of accounting for the Agreement, 

      9.9.3 maintaining a record of benefit payments, and 

      9.9.4 establishing rules and prescribing any forms necessary or desirable to administer the Agreement. 

9.10 Named Fiduciary. For purposes of the Employee Retirement Income Security Act of 1974, if applicable, the Bank shall be the named fiduciary and plan administrator
under this Agreement. The named fiduciary may delegate to others certain aspects of the management and operation responsibilities of this Agreement including the employment of advisors and the delegation of ministerial duties to qualified
individuals. 

	
Article 10 

Claims and Review Procedures

10.1 Claims Procedure. If the Director or his beneficiary (“claimant”) has not received benefits under the Agreement that he or
she believes should be paid, the claimant shall make a claim for such benefits as follows: 

      10.1.1 Initiation – Written Claim. The claimant initiates a claim by submitting to the Bank a written claim for the benefits.

      10.1.2 Timing of Bank Response. The Bank shall respond to such claimant within 90 days after receiving the claim. If the Bank determines
that special circumstances require additional time for processing the claim, the Bank can extend the response period by an additional 90 days by notifying the claimant in writing, prior to the end of the initial 90-day period, that an additional
period is required. The notice of extension must set forth the special circumstances and the date by which the Bank expects to render its decision. 

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      10.1.3 Notice of Decision. If the Bank denies part or all of the claim, the Bank shall notify the claimant in writing of such denial. The
Bank shall write the notification in a manner calculated to be understood by the claimant. The notification shall set forth: 

             (a) The specific reasons for the denial, 

           (b) A reference to the specific provisions of the Agreement on which the denial is based, 

            (c) A description of any additional information or material necessary for the claimant to perfect the claim and an explanation of why it is needed, 

            (d) An explanation of the Agreement’s review procedures and the time limits applicable to such procedures, and 

            (e) A statement of the claimant’s right to bring a civil action under ERISA (Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1001, et. seq.) Section 502(a) following an
adverse benefit determination on review. 

10.2 Review Procedure. If the Bank denies part or all of the claim, the claimant shall have the opportunity for a full and fair review by the
Bank of the denial, as follows: 

      10.2.1 Initiation – Written Request. To initiate the review, the claimant, within 60 days after receiving the Bank’s notice of
denial, must file with the Bank a written request for review. 

      10.2.2 Additional Submissions – Information Access. The claimant shall then
have the opportunity to submit written comments, documents, records and other information relating to the claim. The Bank shall also provide the claimant, upon request and free of charge, reasonable access to, and copies of, all documents, records
and other information relevant (as defined in applicable ERISA regulations) to the claimant’s claim for benefits. 

      10.2.3 Considerations on Review. In considering the review, the Bank shall take into account all materials and information the claimant
submits relating to the claim, without regard to whether such information was submitted or considered in the initial benefit determination. 

      10.2.4 Timing of Bank Response. The Bank shall respond in writing to such claimant within 60 days after receiving the request for review. If
the Bank determines that special circumstances require additional time for processing the claim, the Bank can extend the response period by an additional 60 days by notifying the claimant in writing, prior to the end of the initial 60-day period,
that an additional period is required. The notice of extension must set forth the special circumstances and the date by which the Bank expects to render its decision. 

      10.2.5 Notice of Decision. The Bank shall notify the claimant in writing of its decision on review. The Bank shall write the notification in
a manner calculated to be understood by the claimant. The notification shall set forth: 

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           (a) The specific reasons for the denial, 

           (b) A reference to the specific provisions of the Agreement on which the denial is based, 

           (c) A statement that the claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records and other information relevant (as defined in
applicable ERISA regulations) to the claimant’s claim for benefits, and

           (d) A statement of the claimant’s right to bring a civil action under ERISA Section 502(a). 

      IN WITNESS WHEREOF, the Director and a duly authorized Bank officer have signed this Agreement. 

	DIRECTOR

		PREMIERWEST BANK

 

	
	                                            
	

	 

		By:                                           
	

	Chief Executive Officer 

	PREMIERWEST BANCORP

By:                                            

Name:                                        

Title:                                           

	

- 9 -Exhibit 10.3.3 to Flanders Corporation, Form 10-K for year ended December 31, 2007

Exhibit 10.3.3

ELEVENTH AMENDMENT
TO LOAN AND SECURITY AGREEMENT

          THIS
ELEVENTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (this “Amendment”) is made
and entered into this 20th day of September, 2007, by and among FLANDERS CORPORATION, a North Carolina
corporation (“Flanders”), FLANDERS/PRECISIONAIRE
CORP., a North Carolina corporation (“Flanders/Precisionaire”), FLANDERS FILTERS, INC., a North Carolina
corporation (“Filters”), FLANDERS/CSC
CORPORATION, a North Carolina corporation (“CSC”), PRECISIONAIRE,
INC., a Florida corporation (“Precisionaire”),
PRECISIONAIRE OF UTAH, INC., a Utah corporation (“Utah”), ECO-AIR PRODUCTS, INC., a California
corporation (“Eco-Air”), AIR SEAL FILTER
HOUSINGS, INC., a Texas corporation (“Air Seal”), and FLANDERS REALTY CORP., a North Carolina
corporation (“Flanders Realty”; Flanders, Flanders/Precisionaire, Filters, CSC,
Precisionaire, Utah, Eco-Air, Air Seal and Flanders Realty are herein referred
to collectively as “Borrowers” and each individually as a “Borrower”), each
with its chief executive office and principal place of business at 2399 26th
Avenue North, St. Petersburg, Florida 33734, and BANK OF AMERICA, N.A., a national banking association
(together with its successors and assigns, “Lender”) with an office at 300
Galleria Parkway, N.W., Suite 800, Atlanta, Georgia 30339.

Recitals:

          Lender
and Borrowers are parties to a certain Loan and Security Agreement dated
October 18, 2002 (as at any time amended, restated, modified or otherwise
supplemented, the “Loan Agreement”), pursuant to which Lender has made certain
revolving credit and term loans
to Borrowers.

          Events of
Default under (and as defined in) the Loan Agreement have occurred, and
Borrowers have requested a waiver of such Events of Default.

          The
parties also desire to amend the Loan Agreement as hereinafter set forth.

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

          1. Definitions. Each capitalized
term used in this Amendment, unless otherwise defined herein, shall have the
meaning ascribed to such term in the Loan Agreement.

          2. Amendments to Loan Agreement. The
Loan Agreement is hereby amended as follows:

                    (a)
By deleting Section 9.3.1 of the Loan Agreement in its entirety and by
substituting in lieu thereof the following:

	
 

	
 

	
 

	
          9.3.1 Consolidated
 Fixed Charge Coverage Ratio. Maintain a Consolidated Fixed Charge
 Coverage Ratio of not less than 1.25 to 1.0, to be tested monthly as of the
 last day of each month (i) for the period from October 1, 2007, through
 August 31, 2008, 

	
 

	
 

	
 

	
as of the last day of each month during such period on a cumulative
 basis for the period to-date since October 1, 2007, and (ii) for each month
 after August 31, 2008, as of the last day of each month based upon the
 immediately preceding twelve month period.

                    (b)
By deleting Section 9.3.2 of the Loan Agreement in its entirety and by
substituting in lieu thereof the following:

	
 

	
 

	
 

	
          9.3.2 Consolidated
 Total Funded Debt to Consolidated EBITDA. Maintain a ratio of
 Consolidated Total Funded Debt to Consolidated EBITDA of not more than the
 ratio shown below for the period corresponding thereto, to be tested monthly,
 as of the last day of each month set forth below. For purposes of this Section
 9.3.2, Consolidated Total Funded Debt to Consolidated EBITDA shall be, as
 of any date of determination, the ratio of Consolidated Total Funded Debt on
 such date to, (i) for the period from October 1, 2007, through August 31,
 2008, as of the last day of each month during such period, Consolidated
 EBITDA for the period to-date since October 1, 2007, multiplied by (a)
 twelve, and divided by (b) the number of months included in such
 period to-date, and (ii) for each month after August 31, 2008, as of the last
 day of each month, Consolidated EBITDA for the immediately preceding twelve
 month period.

	
 

	
 

	
 

	
Period End Date

	
 

	
Ratio

	

	
 

	

	
 

	
 

	
 

	
October 31, 2007

	
 

	
4.00 to 1.0

	
 

	
 

	
 

	
November 30, 2007

	
 

	
4.00 to 1.0

	
 

	
 

	
 

	
December 31, 2007

	
 

	
4.00 to 1.0

	
 

	
 

	
 

	
January 31, 2008

	
 

	
3.75 to 1.0

	
 

	
 

	
 

	
February 29, 2008

	
 

	
3.75 to 1.0

	
 

	
 

	
 

	
March 31, 2008

	
 

	
3.75 to 1.0

	
 

	
 

	
 

	
April 30, 2008

	
 

	
3.50 to 1.0

	
 

	
 

	
 

	
May 31, 2008

	
 

	
3.50 to 1.0

	
 

	
 

	
 

	
June 30, 2008

	
 

	
3.50 to 1.0

	
 

	
 

	
 

	
July 31, 2008

	
 

	
3.25 to 1.0

	
 

	
 

	
 

	
August 31, 2008

	
 

	
3.25 to 1.0

	
 

	
 

	
 

	
September 30, 2008

	
 

	
3.25 to 1.0

	
 

	
 

	
 

	
October 31, 2008, and the last day of each month thereafter

	
 

	
3.00 to 1.0

2

                    (c)
By deleting the definition of “Revolver Commitment” set forth in Annex A
to the Loan Agreement in its entirety and by substituting in lieu thereof the
following:

	
 

	
 

	
 

	
          Revolver
Commitment - the commitment of Lender to make Revolver Loans to Borrowers
in accordance with the provisions of Section 1.1 of the Agreement, not to
exceed $36,000,000 (unless otherwise agreed to by Lender in its sole and
absolute discretion). 

          3. Limited Waiver of Default. Events of
Default have occurred and currently exist under the Loan Agreement as a result
of Borrowers’ breach of Sections 9.3.1 and 9.3.2 of the Loan
Agreement (the “Designated Defaults”). The Designated Defaults exist because of
(i) Borrowers’ failure to comply with the covenant regarding Consolidated Fixed
Charge Coverage Ratio set forth in Section 9.3.1 of the Loan Agreement
for the period ending June 30, 2007, and (ii) Borrowers’ failure to comply with
the covenant regarding Consolidated Total Funded Debt to Consolidated EBITDA
set forth in Section 9.3.2 of the Loan Agreement for the periods ending
May 31, 2007, and June 30, 2007. Borrowers represent and warrant that, other
than the Designated Defaults, no Default or Event of Default exists under the
Loan Agreement and the other Loan Documents as of the date hereof. Lender
hereby waives the Designated Defaults in existence on the date hereof. In no
event shall such waiver be deemed to constitute a waiver of (a) any Default or Event
of Default other than the Designated Defaults in existence on the date of this
Amendment, or (b) each Borrower’s obligation to comply with all of the terms
and conditions of the Loan Agreement and the other Loan Documents from and
after the date hereof. Notwithstanding any prior, temporary mutual disregard of
the terms of any contracts between the parties, each Borrower hereby agrees
that it shall be required strictly to comply with all of the terms of the Loan
Documents on and after the date hereof.

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

          5. Acknowledgments and Stipulations.
Each Borrower acknowledges and stipulates that the Loan Agreement and the other
Loan Documents executed by such Borrower are legal, valid and binding
obligations of such Borrower that are enforceable against such Borrower in
accordance with the terms thereof; all of the Obligations are owing and payable
without defense, offset or counterclaim (and to the extent there exists any
such defense, offset or counterclaim on the date hereof, the same is hereby
waived by such Borrower); the security interests and liens granted by such
Borrower in favor of Lender are duly perfected, first priority security
interests and liens; and the unpaid principal amount of the Loans on and as of
September 19, 2007, totaled $32,481,938.31.

          6. Representations and Warranties. Each
Borrower represents and warrants to Lender, to induce Lender to enter into this
Amendment, that no Default or Event of Default exists on the date hereof other than the Designated Defaults;
the execution, delivery and performance of this Amendment have been duly
authorized by all requisite corporate action on the part of such Borrower and
this Amendment has been duly executed and delivered by such Borrower; and all
of the representations and warranties made by such Borrower in the Loan
Agreement are true and correct on and as of the date hereof.

3

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

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

          9. Amendment
Fee; Expenses of Lender. In consideration of Lender’s willingness to enter into this Amendment
and waive the Designated Defaults as set forth herein, Borrowers agree to pay
to Lender an amendment fee in the amount of $5,000 in immediately available
funds on the date hereof. Additionally, Borrowers agree to pay, on demand, all costs and expenses incurred by Lender in connection with the
preparation, negotiation and execution of this Amendment and any other Loan
Documents executed pursuant hereto and any and all amendments, modifications,
and supplements thereto, including, without limitation, the costs and fees of
Lender’s legal counsel and any taxes or expenses associated with or incurred in
connection with any instrument or agreement referred to herein or contemplated
hereby. 

          10. Effectiveness;
Governing Law. This Amendment shall be effective upon acceptance by Lender in
Atlanta, Georgia (notice of which acceptance is hereby
waived), whereupon the same shall be governed by and construed in
accordance with the internal laws of the State of Georgia.

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

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

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

          14. Further Assurances. Each Borrower
agrees to take such further actions as Lender shall reasonably request from
time to time in connection herewith to evidence or give effect to the
amendments set forth herein or any of the transactions contemplated hereby.

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

4

          16. Release
of Claims. To induce
Lender to enter into this Amendment, each Borrower hereby releases, acquits and
forever discharges Lender, and all officers, directors, agents, employees,
successors and assigns of Lender,
from any and all liabilities, claims, demands, actions or causes of action of
any kind or nature (if there be any), whether absolute or contingent, disputed
or undisputed, at law or in equity, or known or unknown, that such Borrower now
has or ever had against Lender arising under or in connection with any of the
Loan Documents or otherwise. Each Borrower represents and warrants to Lender
that such Borrower has not transferred or assigned to any Person any claim that
such Borrower ever had or claimed to have against Lender.

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

[Remainder of page intentionally left blank; signatures commence on
following page.]

5

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

	
 

	
 

	
 

	
 

	
 

	
BORROWERS:

	
 

	
 

	
 

	
FLANDERS
 CORPORATION

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
FLANDERS/PRECISIONAIRE
 CORP.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
FLANDERS
 FILTERS, INC.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
FLANDERS/CSC
 CORPORATION

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

[Signatures continued on following page.]

Eleventh
Amendment (Flanders)

	
 

	
 

	
 

	
 

	
 

	
PRECISIONAIRE,
 INC.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
PRECISIONAIRE
 OF UTAH, INC.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
ECO-AIR
 PRODUCTS, INC.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
AIR SEAL
 FILTER HOUSINGS, INC.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
FLANDERS
 REALTY CORP.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

[Signatures continued on following page.]

Eleventh
Amendment (Flanders)

	
 

	
 

	
 

	
 

	
Accepted
 in Atlanta, Georgia:

	
 

	
 

	
 

	
BANK OF
 AMERICA, N.A.

 (“Lender”)

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
James C.
 Wells

	
 

	
Title:

	
Vice
 President

Eleventh Amendment (Flanders)

CONSENT AND REAFFIRMATION

          Each
of the undersigned guarantors of the Obligations of Borrowers at any time owing
to Lender hereby (i) acknowledges receipt of a copy of the foregoing Eleventh
Amendment to Loan and Security Agreement; (ii) consents to Borrowers’ execution
and delivery thereof and of the other
documents, instruments or agreements Borrowers agree to execute and deliver
pursuant thereto; (iii) agrees to be bound thereby; and (iv) affirms
that nothing contained therein shall modify in any respect whatsoever its
respective guaranty of the Obligations and reaffirms that such guaranty is and
shall remain in full force and effect.

          IN
WITNESS WHEREOF, each of the undersigned has executed this Consent and
Reaffirmation as of the date of such Eleventh Amendment to Loan and Security
Agreement.

	
 

	
 

	
 

	
 

	
 

	
GUARANTORS:

	
 

	
 

	
 

	
FLANDERS
 INTERNATIONAL PTE LTD

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
AIRSEAL
 WEST, INC.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
FLANDERS-VIRGINIA,
 INC. (f/k/a
 Tidewater Air Filter Fabrication Company, Inc.)

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
FLANDERS
 AIRIA TECHNOLOGIES, INC.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

[Signatures
continued on following page.]

Eleventh Amendment (Flanders)

	
 

	
 

	
 

	
 

	
 

	
AIRPURE
 FILTER SALES AND

 SERVICE, INC.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
SUPERIOR
 DIECUTTING, INC.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
Partner

	
 

	
 

	
 

	
 

	
FLANDERS-RICHMOND,
 INC.

 (f/k/a/ Bio-Tec,
 Inc.)

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

	
 

	
 

	
 

	
 

	
GLOBAL
 CONTAINMENT SYSTEMS, INC.

	
 

	
 

	
 

	
By:

	
 

	

	
 

	
 

	

	

	
 

	
Name:

	
Robert R.
 Amerson

	
 

	
Title:

	
CEO

Eleventh Amendment (Flanders)

FLANDERS CORPORATION

SECRETARY’S CERTIFICATE

OF

BOARD OF DIRECTORS RESOLUTIONS

          I,
Debra E. Hill, DO HEREBY CERTIFY, that I am the Secretary of FLANDERS
CORPORATION (the “Corporation”), a corporation duly organized and existing
under and by virtue of the laws of the State of North Carolina and am keeper of
the records and seal thereof; that the following is a true, correct and
compared copy of the resolutions duly adopted by the unanimous consent of all
members of the Board of Directors of said Corporation effective as of September
20, 2007; and that said resolutions are still in full force and effect:  

	
 

	
 

	
 

	
          RESOLVED,
 that the Chairman of the Board, President, Chief Financial Officer, Chief
 Operating Officer, any Vice President, or any other officer or board member
 of this Corporation (or the designee of any of them), each be, and each
 hereby is, authorized and empowered (either alone or in conjunction with any
 one or more of the other officers of the Corporation) to take, from time to
 time, all or any part of the following actions on or in behalf of the
 Corporation: (i) to make, execute and deliver to BANK OF AMERICA, N.A. (“Lender”) (1) an Eleventh Amendment
 to Loan and Security Agreement (the “Amendment”) providing for the amendment
 of certain terms of that certain Loan and Security Agreement dated October
 18, 2002,among the
 Corporation, the other borrowers named therein and Lender (as at any time
 amended, the “Loan Agreement”), and (2) all other agreements, documents and
 instruments contemplated by or referred to in the Amendment or executed by
 the Corporation in connection therewith; said Amendment and other agreements,
 documents and instruments to be substantially in the form presented by Lender with such additional, modified or
 revised terms as may be acceptable to any officer or director of the
 Corporation, as conclusively evidenced by his or her execution thereof; and
 (ii) to carry out, modify, amend or terminate any arrangements or agreements
 at any time existing between the Corporation and Lender. 

	
 

	
 

	
 

	
          RESOLVED,
 that any arrangements, agreements, security agreements, or other instruments
 or documents referred to or executed pursuant to the Amendment by Robert R.
 Amerson, CEO, any other officer or director of the Corporation, or by an
 employee of the Corporation acting pursuant to delegation of authority, may
 be attested by such person and may contain such terms and provisions as such
 person shall, in his or her sole discretion, determine.

	
 

	
 

	
 

	
          RESOLVED,
 that the Loan Agreement and each amendment to the Loan Agreement heretofore
 executed by any officer or director of the Corporation and any actions taken
 under the Loan Agreement as thereby amended are hereby ratified and approved.
 

          I
DO FURTHER CERTIFY that Robert R. Amerson is the CEO of the Corporation and Debra E. Hill is the Secretary of the Corporation and
each is
duly elected, qualified and acting as such, respectively. 

Eleventh Amendment (Flanders)

          IN
WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the
Corporation, on September 20, 2007. 

	
 

	

	
 

	

	
 

	
Secretary

	
 

	
 

	
 

	
[CORPORATE SEAL] 

          I,
Robert R. Amerson, CEO of said Corporation, do hereby certify that the foregoing
is a correct copy of the resolutions passed by the Board of Directors of the
Corporation and that Debra E. Hill is Secretary of the Corporation and is duly
authorized to attest to the passage of said resolutions. 

	
 

	
 

	
 

	

	
 

	

	
 

	
CEO

Eleventh Amendment (Flanders)

FLANDERS/PRECISIONAIRE CORP.

SECRETARY’S CERTIFICATE

OF

BOARD OF DIRECTORS RESOLUTIONS

          I,
Debra E. Hill, DO HEREBY CERTIFY, that I am the Secretary of
FLANDERS/PRECISIONAIRE CORP. (the “Corporation”), a corporation duly organized
and existing under and by virtue of the laws of the State of North Carolina and
am keeper of the records and seal thereof; that the following is a true,
correct and compared copy of the resolutions duly adopted by the unanimous
consent of all members of the Board of Directors of said Corporation effective
as of September 20, 2007; and that said resolutions are still in full force and
effect:  

	
 

	
 

	
 

	
          RESOLVED,
 that the Chairman of the Board, President, any Vice President, Treasurer, or
 any other officer or board member of this Corporation (or the designee of any
 of them), each be, and each hereby is, authorized and empowered (either alone
 or in conjunction with any one or more of the other officers of the
 Corporation) to take, from time to time, all or any part of the following
 actions on or in behalf of the Corporation: (i) to make, execute and deliver
 to BANK OF AMERICA, N.A.
 (“Lender”) (1) an Eleventh Amendment to Loan and Security Agreement (the
 “Amendment”) providing for the amendment of certain terms of that certain
 Loan and Security Agreement dated October 18, 2002,among the Corporation, the other borrowers named therein
 and Lender (as at any time amended, the “Loan Agreement”), and (2) all other
 agreements, documents and instruments contemplated by or referred to in the
 Amendment or executed by the Corporation in connection therewith; said
 Amendment and other agreements, documents and instruments to be substantially
 in the form presented by Lender with
 such additional, modified or revised terms as may be acceptable to any
 officer or director of the Corporation, as conclusively evidenced by his or
 her execution thereof; and (ii) to carry out, modify, amend or terminate any
 arrangements or agreements at any time existing between the Corporation and
 Lender. 

	
 

	
 

	
 

	
          RESOLVED,
 that any arrangements, agreements, security agreements, or other instruments
 or documents referred to or executed pursuant to the Amendment by Robert R.
 Amerson, CEO, any other officer or director of the Corporation, or by an
 employee of the Corporation acting pursuant to delegation of authority, may
 be attested by such person and may contain such terms and provisions as such
 person shall, in his or her sole discretion, determine.

	
 

	
 

	
 

	
          RESOLVED,
 that the Loan Agreement and each amendment to the Loan Agreement heretofore
 executed by any officer or director of the Corporation and any actions taken
 under the Loan Agreement as thereby amended are hereby ratified and approved.
 

          I
DO FURTHER CERTIFY that Robert R. Amerson is the CEO of the Corporation and Debra E. Hill is the Secretary of the Corporation and each
is
duly elected, qualified and acting as such, respectively. 

          IN
WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the
Corporation, on September 20, 2007. 

	
 

	
 

	
 

	

	
 

	

	
 

	
__________________,
 Secretary

	
 

	
 

	
 

	
[CORPORATE SEAL] 

          I,
Robert R. Amerson,  CEO of said
Corporation, do hereby certify that the foregoing is a correct copy of the
resolutions passed by the Board of Directors of the Corporation and that Debra
E. Hill is Secretary of the Corporation and is duly authorized to attest to the
passage of said resolutions. 

	
 

	
 

	
 

	

	
 

	

	
 

	
CEO

Eleventh Amendment
(Flanders/Precisionaire) 

FLANDERS FILTERS, INC.

SECRETARY’S CERTIFICATE

OF

BOARD OF DIRECTORS RESOLUTIONS

          I,
Debra E. Hill, DO HEREBY CERTIFY,
that I am the Secretary of FLANDERS FILTERS,
INC. (the “Corporation”), a corporation duly organized and existing
under and by virtue of the laws of the State of North Carolina and am keeper of
the records and seal thereof; that the following is a true, correct and
compared copy of the resolutions duly adopted by the unanimous consent of all
members of the Board of Directors of said Corporation effective as of September
20, 2007; and that said resolutions are still in full force and effect: 

	
 

	
 

	
 

	
 

	
          RESOLVED,
  that the Chairman of the Board, President, any Vice President, Treasurer, or
  any other officer or board member of this Corporation (or the designee of any
  of them), each be, and each hereby is, authorized and empowered (either alone
  or in conjunction with any one or more of the other officers of the
  Corporation) to take, from time to time, all or any part of the following actions
  on or in behalf of the Corporation: (i) to make, execute and deliver to BANK OF AMERICA, N.A. (“Lender”) (1) an
  Eleventh Amendment to Loan and Security Agreement (the “Amendment”) providing
  for the amendment of certain terms of that certain Loan and Security
  Agreement dated October 18, 2002, among
  the Corporation, the other borrowers named therein and Lender (as at any time
  amended, the “Loan Agreement”), and (2) all other agreements, documents and
  instruments contemplated by or referred to in the Amendment or executed by
  the Corporation in connection therewith; said Amendment and other agreements,
  documents and instruments to be substantially in the form presented by Lender with such additional, modified or
  revised terms as may be acceptable to any officer or director of the
  Corporation, as conclusively evidenced by his or her execution thereof; and
  (ii) to carry out, modify, amend or terminate any arrangements or agreements
  at any time existing between the Corporation and Lender. 

	
 

	
 

	
 

	
 

	
 

	
          RESOLVED,
  that any arrangements, agreements, security agreements, or other instruments
  or documents referred to or executed pursuant to the Amendment by Robert R.
  Amerson, CEO, any other officer or director of the Corporation, or by an
  employee of the Corporation acting pursuant to delegation of authority, may
  be attested by such person and may contain such terms and provisions as such
  person shall, in his or her sole discretion, determine.

	
 

	
 

	
 

	
 

	
 

	
          RESOLVED,
  that the Loan Agreement and each amendment to the Loan Agreement heretofore
  executed by any officer or director of the Corporation and any actions taken
  under the Loan Agreement as thereby amended are hereby ratified and approved.
  

	
 

	
 

	
 

	
 

	
          I
  DO FURTHER CERTIFY that Robert R. Amerson is the CEO of the Corporation and
  Debra E. Hill is the Secretary
  of the Corporation and each is duly elected, qualified and acting as such,
  respectively. 

	
 

          IN
WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the
Corporation, on September 20, 2007. 

	
 

	
 

	
 

	

	
 

	

	
 

	
___________________________,
  Secretary 

	
 

	
 

	
 

	
[CORPORATE
  SEAL] 

          I, Robert R.
Amerson, CEO of said Corporation, do hereby certify that the foregoing is a
correct copy of the resolutions passed by the Board of Directors of the
Corporation and that Debra E. Hill is Secretary of the Corporation and is duly
authorized to attest to the passage of said resolutions. 

	
 

	
 

	
 

	

	
 

	

	
 

	
CEO                 

Eleventh Amendment (Flanders/Filters) 

FLANDERS/CSC CORPORATION

SECRETARY’S CERTIFICATE

OF

BOARD OF DIRECTORS RESOLUTIONS

          I, Debra E.
Hill, DO HEREBY CERTIFY, that I am
the Secretary of FLANDERS/CSC CORPORATION (the “Corporation”), a corporation
duly organized and existing under and by virtue of the laws of the State of
North Carolina and am keeper of the records and seal thereof; that the
following is a true, correct and compared copy of the resolutions duly adopted
by the unanimous consent of all members of the Board of Directors of said
Corporation effective as of September 20, 2007; and that said resolutions are
still in full force and effect: 

	
 

	
 

	
 

	
 

	
          RESOLVED, that the Chairman of the Board,
  President, any Vice President, Treasurer, or any other officer or board
  member of this Corporation (or the designee of any of them), each be, and
  each hereby is, authorized and empowered (either alone or in conjunction with
  any one or more of the other officers of the Corporation) to take, from time
  to time, all or any part of the following actions on or in behalf of the
  Corporation: (i) to make, execute and deliver to BANK OF AMERICA, N.A. (“Lender”) (1) an Eleventh Amendment
  to Loan and Security Agreement (the “Amendment”) providing for the amendment
  of certain terms of that certain Loan and Security Agreement dated October
  18, 2002, among the
  Corporation, the other borrowers named therein and Lender (as at any time
  amended, the “Loan Agreement”), and (2) all other agreements, documents and
  instruments contemplated by or referred to in the Amendment or executed by
  the Corporation in connection therewith; said Amendment and other agreements,
  documents and instruments to be substantially in the form presented by Lender with such additional, modified or
  revised terms as may be acceptable to any officer or director of the
  Corporation, as conclusively evidenced by his or her execution thereof; and
  (ii) to carry out, modify, amend or terminate any arrangements or agreements
  at any time existing between the Corporation and Lender. 

	
 

	
 

	
 

	
 

	
 

	
          RESOLVED,
  that any arrangements, agreements, security agreements, or other instruments
  or documents referred to or executed pursuant to the Amendment by Robert R.
  Amerson, CEO, any other officer or director of the Corporation, or by an
  employee of the Corporation acting pursuant to delegation of authority, may
  be attested by such person and may contain such terms and provisions as such
  person shall, in his or her sole discretion, determine. 

	
 

	
 

	
 

	
 

	
 

	
          RESOLVED,
  that the Loan Agreement and each amendment to the Loan Agreement heretofore
  executed by any officer or director of the Corporation and any actions taken
  under the Loan Agreement as thereby amended are hereby ratified and approved.
  

	
 

	
 

	
 

	
 

	
          I DO FURTHER
  CERTIFY that Robert R. Amerson is the CEO of the Corporation and Debra E.
  Hill is the Secretary of the
  Corporation and each is duly elected, qualified and acting as such,
  respectively. 

	
 

          IN
WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the
Corporation, on September 20, 2007. 

	
 

	
 

	
 

	

	
 

	

	
 

	
______________________,
  Secretary 

	
 

	
 

	
 

	
[CORPORATE
  SEAL] 

          I, Robert R.
Amerson, CEO of said Corporation, do hereby certify that the foregoing is a
correct copy of the resolutions passed by the Board of Directors of the
Corporation and that Debra E. Hill is Secretary of the Corporation and is duly
authorized to attest to the passage of said resolutions. 

	
 

	
 

	
 

	

	
 

	

	
 

	
CEO                 

Eleventh Amendment
(Flanders/CSC) 

PRECISIONAIRE, INC.

SECRETARY’S CERTIFICATE

OF

BOARD OF DIRECTORS RESOLUTIONS

          I,
Debra E. Hill, DO HEREBY CERTIFY, that I am the Secretary of PRECISIONAIRE,
INC. (the “Corporation”), a corporation duly organized and existing under and
by virtue of the laws of the State of Florida and am keeper of the records and
seal thereof; that the following is a true, correct and compared copy of the
resolutions duly adopted by the unanimous consent of all members of the Board
of Directors of said Corporation effective as of September 20, 2007; and that
said resolutions are still in full force and effect:  

	
 

	
 

	
 

	
          RESOLVED,
that the Chairman of the Board, President, any Vice President, Treasurer, or
any other officer or board member of this Corporation (or the designee of any
of them), each be, and each hereby is, authorized and empowered (either alone
or in conjunction with any one or more of the other officers of the
Corporation) to take, from time to time, all or any part of the following
actions on or in behalf of the Corporation: (i) to make, execute and deliver
to BANK OF AMERICA, N.A. (“Lender”) (1) an Eleventh Amendment to Loan and
Security Agreement (the “Amendment”) providing for the amendment of certain
terms of that certain Loan and Security Agreement dated October 18, 2002,among the Corporation, the other
borrowers named therein and Lender (as at any time amended, the “Loan
Agreement”), and (2) all other agreements, documents and instruments
contemplated by or referred to in the Amendment or executed by the
Corporation in connection therewith; said Amendment and other agreements,
documents and instruments to be substantially in the form presented by Lender with such additional, modified or
revised terms as may be acceptable to any officer or director of the
Corporation, as conclusively evidenced by his or her execution thereof; and
(ii) to carry out, modify, amend or terminate any arrangements or agreements
at any time existing between the Corporation and Lender.  

	
 

	
 

	
 

	
          RESOLVED,
 that any arrangements, agreements, security agreements, or other instruments
 or documents referred to or executed pursuant to the Amendment by Robert R.
 Amerson, CEO, any other officer or director of the Corporation, or by an
 employee of the Corporation acting pursuant to delegation of authority, may
 be attested by such person and may contain such terms and provisions as such
 person shall, in his or her sole discretion, determine.

	
 

	
 

	
 

	
          RESOLVED,
 that the Loan Agreement and each amendment to the Loan Agreement heretofore
 executed by any officer or director of the Corporation and any actions taken
 under the Loan Agreement as thereby amended are hereby ratified and approved.
 

          I
DO FURTHER CERTIFY that Robert R. Amerson is the CEO of the Corporation and
Debra E. Hill is the Secretary of
the Corporation and each is duly elected, qualified and acting as such,
respectively. 

          IN
WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the
Corporation, on September 20, 2007. 

	
 

	
 

	
 

	

	
 

	

	
 

	
_____________________,
 Secretary

	
 

	
 

	
 

	
[CORPORATE SEAL] 

I, Robert R.
Amerson, CEO of said Corporation, do hereby certify that the foregoing is a
correct copy of the resolutions passed by the Board of Directors of the
Corporation and that Debra E. Hill is Secretary of the Corporation and is duly
authorized to attest to the passage of said resolutions. 

	
 

	
 

	
 

	

	
 

	

	
 

	
CEO

Eleventh Amendment
(Flanders/Precisionaire) 

PRECISIONAIRE OF UTAH, INC.

SECRETARY’S CERTIFICATE

OF

BOARD OF DIRECTORS RESOLUTIONS

          I,
Debra E. Hill, DO HEREBY CERTIFY, that I am the Secretary of PRECISIONAIRE OF
UTAH, INC. (the “Corporation”), a corporation duly organized and existing under
and by virtue of the laws of the State of Utah and am keeper of the records and
seal thereof; that the following is a true, correct and compared copy of the
resolutions duly adopted by the unanimous consent of all members of the Board
of Directors of said Corporation effective as of September 20, 2007; and that
said resolutions are still in full force and effect:  

	
 

	
 

	
 

	
          RESOLVED,
that the Chairman of the Board, President, any Vice President, Treasurer, or
any other officer or board member of this Corporation (or the designee of any
of them), each be, and each hereby is, authorized and empowered (either alone
or in conjunction with any one or more of the other officers of the
Corporation) to take, from time to time, all or any part of the following
actions on or in behalf of the Corporation: (i) to make, execute and deliver
to BANK OF AMERICA, N.A. (“Lender”) (1) an Eleventh Amendment to Loan and
Security Agreement (the “Amendment”) providing for the amendment of certain
terms of that certain Loan and Security Agreement dated October 18, 2002, among the Corporation, the other
borrowers named therein and Lender (as at any time amended, the “Loan
Agreement”), and (2) all other agreements, documents and instruments
contemplated by or referred to in the Amendment or executed by the
Corporation in connection therewith; said Amendment and other agreements,
documents and instruments to be substantially in the form presented by Lender with such additional, modified or
revised terms as may be acceptable to any officer or director of the
Corporation, as conclusively evidenced by his or her execution thereof; and
(ii) to carry out, modify, amend or terminate any arrangements or agreements
at any time existing between the Corporation and Lender.  

	
 

	
 

	
 

	
          RESOLVED,
 that any arrangements, agreements, security agreements, or other instruments
 or documents referred to or executed pursuant to the Amendment by Robert R.
 Amerson, CEO, any other officer or director of the Corporation, or by an
 employee of the Corporation acting pursuant to delegation of authority, may
 be attested by such person and may contain such terms and provisions as such
 person shall, in his or her sole discretion, determine.

	
 

	
 

	
 

	
          RESOLVED,
 that the Loan Agreement and each amendment to the Loan Agreement heretofore
 executed by any officer or director of the Corporation and any actions taken
 under the Loan Agreement as thereby amended are hereby ratified and approved.

          I
DO FURTHER CERTIFY that Robert R. Amerson is the CEO of the Corporation and
Debra E. Hill is the Secretary of
the Corporation and each is duly elected, qualified and acting as such,
respectively. 

          IN
WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the
Corporation, on September 20, 2007. 

	
 

	
 

	
 

	

	
 

	

	
 

	
____________________________,
 Secretary

	
 

	
 

	
 

	
[CORPORATE SEAL] 

          I,
Robert R. Amerson, CEO of said Corporation, do hereby certify that the foregoing
is a correct copy of the resolutions passed by the Board of Directors of the
Corporation and that Debra E. Hill is Secretary of the Corporation and is duly
authorized to attest to the passage of said resolutions. 

	
 

	
 

	
 

	

	
 

	

	
 

	
CEO

Eleventh Amendment
(Flanders/Precisionaire of Utah) 

ECO-AIR PRODUCTS, INC.

SECRETARY’S CERTIFICATE

OF

BOARD OF DIRECTORS RESOLUTIONS

          I,
Debra E. Hill, DO HEREBY CERTIFY, that I am the Secretary of ECO-AIR
PRODUCTS, INC. (the “Corporation”), a corporation duly organized and existing
under and by virtue of the laws of the State of California and am keeper of the
records and seal thereof; that the following is a true, correct and compared
copy of the resolutions duly adopted by the unanimous consent of all members of
the Board of Directors of said Corporation effective as of September 20, 2007;
and that said resolutions are still in full force and effect:  

	
 

	
 

	
 

	
          RESOLVED,
that the Chairman of the Board, President, any Vice President, Treasurer, or
any other officer or board member of this Corporation (or the designee of any
of them), each be, and each hereby is, authorized and empowered (either alone
or in conjunction with any one or more of the other officers of the
Corporation) to take, from time to time, all or any part of the following
actions on or in behalf of the Corporation: (i) to make, execute and deliver
to BANK OF AMERICA, N.A. (“Lender”) (1) an Eleventh Amendment to Loan and
Security Agreement (the “Amendment”) providing for the amendment of certain
terms of that certain Loan and Security Agreement dated October 18, 2002, among the Corporation, the other
borrowers named therein and Lender (as at any time amended, the “Loan
Agreement”), and (2) all other agreements, documents and instruments
contemplated by or referred to in the Amendment or executed by the
Corporation in connection therewith; said Amendment and other agreements,
documents and instruments to be substantially in the form presented by Lender with such additional, modified or
revised terms as may be acceptable to any officer or director of the
Corporation, as conclusively evidenced by his or her execution thereof; and
(ii) to carry out, modify, amend or terminate any arrangements or agreements
at any time existing between the Corporation and Lender.  

	
 

	
 

	
 

	
          RESOLVED,
 that any arrangements, agreements, security agreements, or other instruments
 or documents referred to or executed pursuant to the Amendment by Robert R.
 Amerson, CEO, any other officer or director of the Corporation, or by an
 employee of the Corporation acting pursuant to delegation of authority, may
 be attested by such person and may contain such terms and provisions as such
 person shall, in his or her sole discretion, determine.

	
 

	
 

	
 

	
          RESOLVED,
 that the Loan Agreement and each amendment to the Loan Agreement heretofore
 executed by any officer or director of the Corporation and any actions taken
 under the Loan Agreement as thereby amended are hereby ratified and approved.
 

          I
DO FURTHER CERTIFY that Robert R. Amerson is the CEO of the Corporation
and Debra E. Hill is the Secretary
of the Corporation and each is duly elected, qualified and acting as such,
respectively. 

          IN WITNESS
WHEREOF, I have hereunto set my hand and affixed the Seal of the Corporation,
on September 20, 2007. 

	
 

	
 

	
 

	

	
 

	

	
 

	
______________________,
 Secretary

	
 

	
 

	
 

	
[CORPORATE SEAL] 

          I,
Robert R. Amerson, CEO of said Corporation, do hereby certify that the
foregoing is a correct copy of the resolutions passed by the Board of Directors
of the Corporation and that Debra E. Hill is Secretary of the Corporation and
is duly authorized to attest to the passage of said resolutions. 

	
 

	
 

	
 

	

	
 

	

	
 

	
CEO

Eleventh Amendment
(Flanders/Eco-Air) 

AIR SEAL FILTER HOUSINGS, INC.

SECRETARY’S CERTIFICATE

OF

BOARD OF DIRECTORS RESOLUTIONS

          I,
Debra E. Hill, DO HEREBY CERTIFY, that I am the Secretary of AIR SEAL FILTER HOUSINGS, INC. (the “Corporation”),
a corporation duly organized and existing under and by virtue of the laws of
the State of Texas and am keeper of the records and seal thereof; that the following
is a true, correct and compared copy of the resolutions duly adopted by the
unanimous consent of all members of the Board of Directors of said Corporation
effective as of September 20, 2007; and that said resolutions are still in full
force and effect:

	
 

	
 

	
 

	
          RESOLVED,
  that the Chairman of the Board, President, any Vice President, Treasurer, or
  any other officer or board member of this Corporation (or the designee of any
  of them), each be, and each hereby is, authorized and empowered (either alone
  or in conjunction with any one or more of the other officers of the
  Corporation) to take, from time to time, all or any part of the following
  actions on or in behalf of the Corporation: (i) to make, execute and deliver
  to BANK OF AMERICA, N.A. (“Lender”)
  (1) an Eleventh Amendment to Loan and Security Agreement (the “Amendment”)
  providing for the amendment of certain terms of that certain Loan and
  Security Agreement dated October 18, 2002, among the Corporation, the other borrowers named therein
  and Lender (as at any time amended, the “Loan Agreement”), and (2) all
  other agreements, documents and instruments contemplated by or referred to in
  the Amendment or executed by the Corporation in connection therewith; said
  Amendment and other agreements, documents and instruments to be substantially
  in the form presented by Lender with
  such additional, modified or revised terms as may be acceptable to any
  officer or director of the Corporation, as conclusively evidenced by his or
  her execution thereof; and (ii) to carry out, modify, amend or terminate
  any arrangements or agreements at any time existing between the Corporation
  and Lender.

	
 

	
 

	
 

	
          RESOLVED,
  that any arrangements, agreements, security agreements, or other instruments
  or documents referred to or executed pursuant to the Amendment by Robert R. Amerson, CEO, any other officer or director of the Corporation, or by an employee of
  the Corporation acting pursuant to delegation of authority, may be attested
  by such person and may contain such terms and provisions as such person
  shall, in his or her sole discretion, determine.

	
 

	
 

	
 

	
          RESOLVED,
  that the Loan Agreement and each amendment to the Loan Agreement heretofore
  executed by any officer or director of the Corporation and any actions taken
  under the Loan Agreement as thereby amended are hereby ratified and approved.

          I
DO FURTHER CERTIFY that Robert R. Amerson is the CEO of the Corporation and Debra
E. Hill is the Secretary of the
Corporation and each is duly elected, qualified and acting as such, respectively.

          IN
WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the
Corporation, on September 20, 2007.

	
 

	
 

	
 

	
 

	
 

	

	
 

	
 

	

	
 

	
 

	
_________________________________,
  Secretary

	
 

	
 

	
 

	
 

	
 

	
[CORPORATE
  SEAL]

          I, Robert R. Amerson, CEO of said Corporation, do hereby certify that the
foregoing is a correct copy of the resolutions passed by the Board of Directors
of the Corporation and that Debra E. Hill is Secretary of the Corporation and is
duly authorized to attest to the passage of said resolutions.

	
 

	
 

	
 

	
 

	
 

	

	
 

	
 

	

	
 

	
 

	
CEO

Eleventh Amendment
(Flanders/Air Seal)

FLANDERS REALTY CORP.

SECRETARY’S CERTIFICATE

OF

BOARD OF DIRECTORS RESOLUTIONS

          I,
Debra E. Hill, DO HEREBY CERTIFY, that I am the Secretary of FLANDERS REALTY CORP. (the “Corporation”),
a corporation duly organized and existing under and by virtue of the laws of
the State of North Carolina and am keeper of the records and seal thereof; that
the following is a true, correct and compared copy of the resolutions duly
adopted by the unanimous consent of all members of the Board of Directors of
said Corporation effective as of September 20, 2007; and that said resolutions
are still in full force and effect:

	
 

	
 

	
 

	
          RESOLVED,
  that the Chairman of the Board, President, any Vice President, Treasurer, or
  any other officer or board member of this Corporation (or the designee of any
  of them), each be, and each hereby is, authorized and empowered (either alone
  or in conjunction with any one or more of the other officers of the
  Corporation) to take, from time to time, all or any part of the following
  actions on or in behalf of the Corporation: (i) to make, execute and
  deliver to BANK OF AMERICA, N.A.
  (“Lender”) (1) an Eleventh Amendment to Loan and Security Agreement (the
  “Amendment”) providing for the amendment of certain terms of that certain
  Loan and Security Agreement dated October 18, 2002, among the Corporation, the other
  borrowers named therein and Lender (as at any time amended, the “Loan
  Agreement”), and (2) all other agreements, documents and instruments
  contemplated by or referred to in the Amendment or executed by the
  Corporation in connection therewith; said Amendment and other agreements,
  documents and instruments to be substantially in the form presented by Lender with such additional, modified or
  revised terms as may be acceptable to any officer or director of the
  Corporation, as conclusively evidenced by his or her execution thereof; and
  (ii) to carry out, modify, amend or terminate any arrangements or
  agreements at any time existing between the Corporation and Lender.

	
 

	
 

	
 

	
          RESOLVED,
  that any arrangements, agreements, security agreements, or other instruments
  or documents referred to or executed pursuant to the Amendment by Robert R. Amerson, CEO, any other officer or director of the Corporation, or by an employee of
  the Corporation acting pursuant to delegation of authority, may be attested
  by such person and may contain such terms and provisions as such person
  shall, in his or her sole discretion, determine.

	
 

	
 

	
 

	
          RESOLVED, that
  the Loan Agreement and each amendment to the Loan Agreement heretofore
  executed by any officer or director of the Corporation and any actions taken
  under the Loan Agreement as thereby amended are hereby ratified and approved.

          I DO FURTHER
CERTIFY that Robert R. Amerson is the CEO of the Corporation and Debra E. Hill
is the Secretary of the
Corporation and each is duly elected, qualified and acting as such,
respectively.

          IN
WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the
Corporation, on September 20, 2007.

	
 

	
 

	
 

	
 

	
 

	

	
 

	
 

	

	
 

	
 

	
_________________________________,
  Secretary

	
 

	
 

	
 

	
 

	
 

	
[CORPORATE
  SEAL]

          I, Robert R. Amerson, CEO of said Corporation, do hereby certify that the
foregoing is a correct copy of the resolutions passed by the Board of Directors
of the Corporation and that Debra E. Hill is Secretary of the Corporation and is
duly authorized to attest to the passage of said resolutions.

	
 

	
 

	
 

	
 

	
 

	

	
 

	
 

	

	
 

	
 

	
CEO

Eleventh
Amendment (Flanders/Realty)

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