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                                                                   EXHIBIT 10.18

                             REGISTRATION AGREEMENT

      THIS REGISTRATION AGREEMENT (the "Agreement") is made as of March 6, 2003,
among Coinmach Holdings, LLC, a Delaware limited liability company (the "LLC"),
GTCR-CLC, LLC ("GTCR-CLC"), each of the executives listed on the Schedule of
Executives attached hereto (the "Executives"), each of the investors listed on
the Schedule of Investors attached hereto (the "Investors"), and each of the
other Persons who hereafter agree to become party to and bound by this Agreement
(together with GTCR-CLC, the Executives and the Investors, the
"Securityholders"). Capitalized terms used but not otherwise defined herein are
defined in Section 9 hereof.

      NOW, THEREFORE, in consideration of the mutual covenants contained herein
and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties to this Agreement hereby agree as follows:

      1.    Demand Registrations.

      (a)   Requests for Registration. The Securityholders contemplate the
organization of a corporation and reorganization or recapitalization of the LLC
pursuant to Section 15.7 of the LLC Agreement. The corporate successor to the
LLC shall be referred to herein as the "Company." At any time after the
organization of the Company, the holders of a majority of the GTCR Registrable
Securities may request registration under the Securities Act of all or any
portion of their Registrable Securities on Form S-1 or any similar long-form
registration (a "Long-Form Registration"), or on Form S-2 or S-3 (including
pursuant to Rule 415 under the Securities Act) or any similar short-form
registration (a "Short-Form Registration"), if available. In addition, no
earlier than 180 days after the Company has completed its initial public
offering, each of (A) the holders of at least a majority of the GIC Registrable
Securities may request registration under the Securities Act of all or part of
their Registrable Securities in a Long-Form Registration or, if available, in a
Short-Form Registration, and (B) the holders of at least a majority of the
TCW/Crescent Registrable Securities may request registration under the
Securities Act of all or part of their Registrable Securities in a Long-Form
Registration or, if available, in a Short-Form Registration. All registrations
requested pursuant to this Section 1(a) are referred to herein as "Demand
Registrations." Each request for a Demand Registration shall specify the
approximate number of Registrable Securities requested to be registered and the
anticipated per share or per unit price range for such offering. Within ten days
after receipt of any such request, the Company shall give written notice of such
requested registration to all other holders of Registrable Securities and shall
include in such registration all Registrable Securities with respect to which
the Company has received written requests for inclusion therein within 15 days
after the receipt of the Company's notice.

      (b)   Long-Form Registrations. Subject to Section 1(a) above, the holders
of a majority of the GTCR Registrable Securities shall be entitled to request
four (4) Long-Form Registrations, and each of (x) the holders of a majority of
the GIC Registrable Securities and (y) the holders of a majority of the
TCW/Crescent Registrable Securities, shall be entitled to request

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one (1) Long-Form Registration, in which the Company shall pay all Registration
Expenses ("Company-paid Long-Form Registrations"). A registration shall not
count as one of the permitted Long-Form Registrations until it has become
effective, and no Long-Form Registration shall count as one of the Company-paid
Long-Form Registrations unless the party requesting such registration is able to
register and sell at least 75% of their Registrable Securities requested to be
included in such registration; provided that in any event the Company shall pay
all Registration Expenses in connection with any registration initiated as a
Company-paid Long-Form Registration whether or not it has become effective and
whether or not such registration is counted as one of the Company-paid Long-Form
Registrations.

      (c)   Short-Form Registrations. In addition to the Long-Form Registrations
provided pursuant to Section 1(b), the holders of a majority of the GTCR
Registrable Securities shall be entitled to request an unlimited number of
Short-Form Registrations, and each of (x) the holders of a majority of the GIC
Registrable Securities and (y) the holders of a majority of the TCW/Crescent
Registrable Securities shall be entitled to request two (2) Short-Form
Registrations per calendar year, in which the Company shall pay all Registration
Expenses; provided that the aggregate offering value of the Registrable
Securities requested to be registered in any Short-Form Registration must equal
at least $5 million. Demand Registrations shall be Short-Form Registrations
whenever the Company is permitted to use Form S-2, S-3 or other applicable short
form. After the Company has become subject to the reporting requirements of the
Securities Exchange Act, the Company shall use commercially reasonable efforts
to make Short-Form Registrations on Form S-3 available for the resale of
Registrable Securities.

      (d)   Priority on Demand Registrations. The Company shall not include in
any Demand Registration any securities that are not Registrable Securities
without the prior written consent of the holders of a majority of the
Registrable Securities included in such registration. If a Demand Registration
is an underwritten offering and the managing underwriters advise the Company in
writing that, in their opinion, the number of Registrable Securities and, if
permitted hereunder, other securities requested to be included in such offering
exceeds the number of Registrable Securities and other securities, if any, that
can be sold in an orderly manner in such offering within a price range
acceptable to the holders of a majority of the Registrable Securities to be
included in such registration, then the Company shall include in such
registration, prior to the inclusion of any securities that are not Registrable
Securities, the number of Registrable Securities requested to be included that,
in the opinion of such underwriters, can be sold in an orderly manner within the
price range of such offering, pro rata among the respective holders thereof on
the basis of the amount of Registrable Securities owned by each such holder and
its Affiliates.

      (e)   Restrictions on Demand Registrations. The Company shall not be
obligated to effect any Demand Registration within 180 days after the effective
date of a previous Demand Registration or a previous registration in which the
holders of Registrable Securities were given piggyback rights pursuant to
Section 2 hereof and in which there was no reduction in the number of
Registrable Securities requested to be included.

      (f)   Selection of Underwriters. The holders of a majority of the GTCR
Registrable Securities shall have the right to select the investment banker(s)
and manager(s) to administer the Demand Registration, if any, subject to the
Company's approval which shall not

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be unreasonably withheld; provided that if no holders of GTCR Registrable
Securities are participating in such Demand Registration, the holders of a
majority of the Registrable Securities included in any such Demand Registration
shall have the right to select the investment banker(s) and manager(s) to
administer the offering.

      (g)   Other Registration Rights. Except with respect to securities issued
by the Company in connection with an acquisition, a debt financing transaction
or entering into a long-term business relationship with a strategic partner
approved by the Company's board of directors and as otherwise provided in this
Agreement, the Company shall not grant to any Person the right to request that
the Company register any equity securities of the Company, or any securities,
options or rights convertible into or exchangeable or exercisable for any such
securities, without the prior written consent of the holders of a majority of
each of the GTCR Registrable Securities and the Investor Registrable Securities.

      2.    Piggyback Registrations.

      (a)   Right to Piggyback. Whenever the Company proposes to register any of
its equity securities under the Securities Act (other than (i) the Company's
first public offering after the date hereof, (ii) pursuant to a Demand
Registration (which is addressed in Section 1 above rather than this Section 2)
or (iii) pursuant to a registration on Form S-4 or S-8 or any successor or
similar forms) and the registration form to be used may be used for the
registration of Registrable Securities (a "Piggyback Registration"), whether or
not for sale for its own account, the Company shall give prompt written notice
to all holders of Registrable Securities of its intention to effect such a
registration and, subject to Sections 2(c) and 2(d) below, shall include in such
registration all Registrable Securities with respect to which the Company has
received written requests for inclusion therein within 20 days after the receipt
of the Company's notice.

      (b)   Piggyback Expenses. In all Piggyback Registrations, the Registration
Expenses of the holders of Registrable Securities shall be paid by the Company.

      (c)   Priority on Primary Registrations. If a Piggyback Registration is an
underwritten primary registration on behalf of the Company, and the managing
underwriters advise the Company in writing that in their opinion the number of
Registrable Securities and, if permitted hereunder, other securities requested
to be included in such registration exceeds the number which can be sold therein
without adversely affecting the marketability of the offering, then the Company
shall include in such registration (i) first, the securities the Company
proposes to sell, (ii) second, the Registrable Securities requested to be
included in such registration, pro rata among the holders of such Registrable
Securities on the basis of the number of shares or units of Registrable
Securities owned by each such holder and its Affiliates and (iii) third, the
other securities requested to be included in such registration pro rata among
the holders of such securities on the basis of the number of such other
securities owned by each such holder and its Affiliates.

      (d)   Priority on Secondary Registrations. If a Piggyback Registration is
an underwritten secondary registration on behalf of holders of the Company's
securities (it being understood that secondary registrations on behalf of
holders of Registrable Securities are

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addressed in Section 1 above rather than in this Section 2(d)), and the managing
underwriters advise the Company in writing that in their opinion the number of
Registrable Securities and, if permitted hereunder, other securities requested
to be included in such registration exceeds the number which can be sold therein
without adversely affecting the marketability of the offering, then the Company
shall include in such registration (i) first, the securities requested to be
included therein by the holders requesting such registration, (ii) second, the
Registrable Securities requested to be included in such registration, pro rata
among the holders of such Registrable Securities on the basis of the number of
shares or units owned by each such holder, its affiliates, and (iii) third, the
other securities requested to be included in such registration.

      (e)   Selection of Underwriters. If any Piggyback Registration is an
underwritten offering, the selection of investment banker(s) and manager(s) for
the offering must be approved by the holders of a majority of the GTCR
Registrable Securities (or, if no GTCR Registrable Securities are to be included
in such Piggyback Registration, then the holders of a majority of Registrable
Securities) included in such Piggyback Registration. Such approval shall not be
unreasonably withheld.

      (f)   Withdrawal by Company. If, at any time after giving notice of its
intention to register any of its securities as set forth in Section 2(a) and
before the effective date of such registration statement filed in connection
with such registration, the Company shall determine, for any reason, not to
register such securities, the Company may, in its sole discretion, give written
notice of such determination to each holder of Registrable Securities and
thereupon shall be relieved of its obligation to register any Registrable
Securities in connection with such registration (but not from its obligation to
pay the Registration Expenses in connection therewith as provided herein).

      (g)   Other Registrations. If the Company has previously filed a
registration statement with respect to Registrable Securities pursuant to
Section 1 or pursuant to this Section 2, and if such previous registration has
not been withdrawn or abandoned, the Company shall not file or cause to be
effected any other registration of any of its equity securities or securities
convertible or exchangeable into or exercisable for its equity securities under
the Securities Act (except on Form S-8 or any successor form), whether on its
own behalf or at the request of any holder or holders of such securities, until
a period of at least 180 days has elapsed from the effective date of such
previous registration.

      3.    Holdback Agreements.

      (a)   Each holder of Registrable Securities shall not effect any public
sale or distribution (including sales pursuant to Rule 144) of equity securities
of the Company, or any securities, options, or rights convertible into or
exchangeable or exercisable for such securities, during the seven (7) days prior
to and the 180-day period beginning on the effective date of any underwritten
public offering of the Company's equity securities (including Demand
Registrations and Piggyback Registrations) (except as part of such underwritten
registration), unless the underwriters managing the registered public offering
otherwise agree; provided, however, if the holders of GIC Registrable
Securities, TCW/Crescent Registrable Securities or GTCR Registrable Securities,
as the case may be, included in the underwritten public offering are required by
the underwriter managing the public offering to execute a "lock-up" agreement

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which restricts such holders' ability to sell securities for a period shorter
than 180 days, then the 180-day period set forth in this Section 3(a) for each
of the other holders of the GIC Registrable Securities, TCW/Crescent Registrable
Securities and GTCR Registrable Securities shall be reduced to the period
specified in such "lock-up" agreement.

      (b)   The Company shall not effect any public sale or distribution of its
equity securities, or any securities convertible into or exchangeable or
exercisable for such securities, during the seven days prior to and during the
180-day period beginning on the effective date of any underwritten public
offering of the Company's equity securities (including Demand Registrations and
Piggyback Registrations) (except as part of such underwritten registration or
pursuant to registrations on Form S-4 or S-8 or any successor form), unless the
underwriters managing the registered public offering otherwise agree.

      4.    Registration Procedures. Whenever the holders of Registrable
Securities have requested that any Registrable Securities be registered pursuant
to this Agreement, the Company shall use its best efforts to effect the
registration and the sale of such Registrable Securities in accordance with the
intended method of disposition thereof, and pursuant thereto the Company shall
as expeditiously as possible:

      (a)   prepare and file promptly (and no later than 45 days after receipt
of the initial request) with the Securities and Exchange Commission a
registration statement with respect to such Registrable Securities and use its
best efforts to cause such registration statement to become effective;

      (b)   notify each holder of Registrable Securities of the effectiveness of
each registration statement filed hereunder and prepare and file with the
Securities and Exchange Commission such amendments and supplements to such
registration statement and the prospectus used in connection therewith as may be
necessary to keep such registration statement effective for a period of not less
than 120 days and to comply with the provisions of the Securities Act with
respect to the disposition of all securities covered by such registration
statement;

      (c)   furnish to each seller of Registrable Securities such number of
copies of such registration statement, each amendment and supplement thereto,
the prospectus included in such registration statement (including each
preliminary prospectus) and such other documents as such seller may reasonably
request in order to facilitate the disposition of the Registrable Securities
owned by such seller;

      (d)   use its best efforts to register or qualify such Registrable
Securities under such other securities or blue sky laws of such jurisdictions as
any seller reasonably requests and do any and all other acts and things which
may be reasonably necessary or advisable to enable such seller to consummate the
disposition in such jurisdictions of the Registrable Securities owned by such
seller (provided that the Company shall not be required to (i) qualify generally
to do business in any jurisdiction where it would not otherwise be required to
qualify but for this Section 4(d), (ii) subject itself to taxation in any such
jurisdiction or (iii) consent to general service of process in any such
jurisdiction);

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      (e)   notify each seller of such Registrable Securities, at any time when
a prospectus relating thereto is required to be delivered under the Securities
Act, of the happening of any event as a result of which the prospectus included
in such registration statement contains an untrue statement of a material fact
or omits any fact necessary to make the statements therein not misleading, and,
at the request of any such seller, the Company shall prepare a supplement or
amendment to such prospectus and/or registration statement so that, as
thereafter delivered to the purchasers of such Registrable Securities, such
prospectus shall not contain an untrue statement of a material fact or omit to
state any fact necessary to make the statements therein not misleading;

      (f)   cause all such Registrable Securities to be listed on each
securities exchange on which similar securities issued by the Company are then
listed and, if not so listed, to be listed on a securities exchange or the
National Association of Securities Dealers (the "NASD") automated quotation
system and, if listed on the NASD automated quotation system, use its best
efforts to secure designation of all such Registrable Securities covered by such
registration statement as a "national market system security" of The Nasdaq
Stock Market within the meaning of Rule 11Aa2-1 of the Securities and Exchange
Commission or, failing that, to secure The Nasdaq Stock Market's authorization
for such Registrable Securities and, without limiting the generality of the
foregoing, to arrange for at least two market makers to register as such with
respect to such Registrable Securities with the NASD;

      (g)   provide a transfer agent and registrar for all such Registrable
Securities not later than the effective date of the first registration statement
relating to Registrable Securities or securities of any class of the Company;

      (h)   enter into such customary agreements (including underwriting
agreements in customary form) and take all such other actions as the holders of
a majority of the Registrable Securities being sold or the underwriters, if any,
reasonably request in order to expedite or facilitate the disposition of such
Registrable Securities (including, without limitation, effecting a unit split,
stock split, combination of units, combination of shares, recapitalization or
reorganization);

      (i)   make available for inspection by any seller of Registrable
Securities, any underwriter participating in any disposition pursuant to such
registration statement and any attorney, accountant or other agent retained by
any such seller or underwriter, all financial and other records, pertinent
corporate and business documents and properties of the Company, and cause the
Company's officers, directors, employees, agents, representatives and
independent accountants to supply all information reasonably requested by any
such seller, underwriter, attorney, accountant or agent in connection with such
registration statement;

      (j)   otherwise use its reasonable best efforts to comply with all
applicable rules and regulations of the Securities and Exchange Commission, and
make available to its security holders, as soon as reasonably practicable, an
earnings statement covering the period of at least twelve months beginning with
the first day of the Company's first full calendar quarter after the effective
date of the registration statement, which earnings statement shall satisfy the
provisions of Section 11(a) of the Securities Act and Rule 158 thereunder;

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      (k)   in the event of the issuance of any stop order suspending the
effectiveness of a registration statement, or of any order suspending or
preventing the use of any related prospectus or suspending the qualification of
any equity securities included in such registration statement for sale in any
jurisdiction, use its best efforts promptly to obtain the withdrawal of such
order;

      (l)   use its reasonable best efforts to cause such Registrable Securities
covered by such registration statement to be registered with or approved by such
other governmental agencies or authorities as may be necessary to enable the
sellers thereof to consummate the disposition of such Registrable Securities;
provided that the Company shall not be required, in connection therewith or as a
condition thereto, to qualify to do business or to file a general consent to
service of process in any state or jurisdiction;

      (m)   if the underwriters so request, use its reasonable best efforts to
obtain a cold comfort letter from the Company's independent public accountants
in customary form and covering such matters of the type customarily covered by
cold comfort letters, which letter shall be addressed to the underwriters; and

      (n)   if the underwriters so request, use its reasonable best efforts to
obtain an opinion from the Company's outside counsel in customary form and
covering such matters of the type customarily covered by such opinions, which
opinion shall be addressed to the underwriters.

      5.    Registration Expenses.

      (a)   All expenses incident to the Company's performance of or compliance
with this Agreement, including without limitation all registration and filing
fees, fees and expenses of compliance with securities or blue sky laws, printing
expenses, messenger and delivery expenses, fees and disbursements of custodians,
and fees and disbursements of counsel for the Company and all independent
certified public accountants, underwriters (excluding discounts and commissions)
and other Persons retained by the Company (all such expenses being herein called
"Registration Expenses"), shall be borne by the Company, and the Company shall
pay its internal expenses (including, without limitation, all salaries and
expenses of its officers and employees performing legal or accounting duties),
the expense of any annual audit or quarterly review, the expense of any
liability insurance and the expenses and fees for listing the securities to be
registered on each securities exchange on which similar securities issued by the
Company are then listed or, if none are so listed, on a securities exchange or
the NASD automated quotation system (or any successor or similar system).

      (b)   In connection with each Demand Registration and each Piggyback
Registration, the Company shall reimburse the holders of Registrable Securities
included in such registration for the reasonable fees and disbursements of one
counsel chosen by the holders of a majority of the Registrable Securities
included in such registration.

      (c)   To the extent Registration Expenses are not required to be paid by
the Company, each holder of securities included in any registration hereunder
will pay those Registration Expenses allocable to the registration of such
holder's securities so included, and any Registration Expenses not so allocable
will be borne by all sellers of securities included in

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such registration in proportion to the aggregate selling price of each seller's
securities to be so registered.

      6.    Indemnification.

      (a)   The Company agrees to indemnify, to the extent permitted by law,
each holder of Registrable Securities, its officers, directors, agents and
employees and each Person who controls such holder (within the meaning of the
Securities Act) against any and all losses, claims, damages, liabilities, joint
or several, together with reasonable costs and expenses (including reasonable
attorney's fees), to which such indemnified party may become subject under the
Securities Act or otherwise, insofar as such losses, claims, damages or
liabilities arise out of, are based upon, are caused by, or result from (i) any
untrue or alleged untrue statement of material fact contained (A) in any
registration statement, prospectus or preliminary prospectus or any amendment
thereof or supplement thereto or (B) in any application or other document or
communication (in this Section 6 collectively called an "Application") executed
by or on behalf of the Company or based upon written information furnished by or
on behalf of the Company filed in any jurisdiction in order to qualify any
securities covered by such registration statement under the "blue sky" or
securities laws thereof, or (ii) any omission or alleged omission of a material
fact required to be stated therein or necessary to make the statements therein
not misleading, and the Company will reimburse such holder and each such
director, officer, agent or employee and controlling Person for any legal or any
other expenses incurred by them in connection with investigating or defending
any such loss, claim, liability, action or proceeding; provided, however, that
the Company shall not be liable in any such case to the extent that any such
loss, claim, damage, liability (or action or proceeding in respect thereof) or
expense arises out of, is based upon, is caused by, or results from (i) an
untrue statement or alleged untrue statement, or omission or alleged omission,
made in such registration statement, any such prospectus or preliminary
prospectus or any amendment or supplement thereto, or in any Application, in
reliance upon, and in conformity with, written information prepared and
furnished to the Company by such holder expressly for use therein, other than
information prepared and furnished to the Company by such holder in the course
of such holder's duties as an officer or director of the Company, or (ii) by
such holder's failure to deliver a copy of the registration statement or
prospectus or any amendments or supplements thereto after the Company has
furnished such holder with a sufficient number of copies of the same. In
connection with any underwritten offering, the Company will indemnify such
underwriters, their officers, directors, agents or employees and each Person who
controls such underwriters (within the meaning of the Securities Act) to the
same extent as provided above with respect to the indemnification of the holders
of Registrable Securities.

      (b)   In connection with any registration statement in which a holder of
Registrable Securities is participating, each such holder shall furnish to the
Company in writing such information and affidavits as the Company reasonably
requests for use in connection with any such registration statement or
prospectus and, to the extent permitted by law, shall indemnify the Company, its
directors and officers and each Person who controls the Company (within the
meaning of the Securities Act) against any and all losses, claims, damages,
liabilities, joint or several, together with reasonable costs and expenses
(including reasonable attorney's fees), to which such indemnified party may
become subject under the Securities Act or otherwise, insofar as such losses,
claims, damages or liabilities arise out of, are based upon, are caused by, or
result

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from (i) any untrue or alleged untrue statement of material fact contained in
the registration statement, prospectus or preliminary prospectus or any
amendment thereof or supplement thereto or (ii) any omission or alleged omission
of a material fact required to be stated therein or necessary to make the
statements therein not misleading, but only to the extent that such untrue
statement or omission is contained in any information or affidavit so furnished
in writing by such holder; provided that the obligation to indemnify shall be
individual, not joint and several, for each holder and shall be limited to the
net amount of proceeds received by such holder from the sale of Registrable
Securities pursuant to such registration statement.

      (c)   Any Person entitled to indemnification hereunder shall (i) give
prompt written notice to the indemnifying party of any claim with respect to
which it seeks indemnification (provided that the failure to give prompt notice
shall not impair any Person's right to indemnification hereunder to the extent
such failure has not prejudiced the indemnifying party) and (ii) unless in such
indemnified party's reasonable judgment a conflict of interest between such
indemnified and indemnifying parties may exist with respect to such claim,
permit such indemnifying party to assume the defense of such claim with counsel
reasonably satisfactory to the indemnified party. If such defense is assumed,
the indemnifying party shall not be subject to any liability for any settlement
made by the indemnified party without its consent (but such consent shall not be
unreasonably withheld). An indemnifying party who is not entitled to, or elects
not to, assume the defense of a claim shall not be obligated to pay the fees and
expenses of more than one counsel for all parties indemnified by such
indemnifying party with respect to such claim, unless in the reasonable judgment
of any indemnified party a conflict of interest may exist between such
indemnified party and any other of such indemnified parties with respect to such
claim.

      (d)   The indemnifying party shall not, except with the approval of each
indemnified party, consent to entry of any judgment or enter into any settlement
which does not include as an unconditional term thereof the giving by the
claimant or plaintiff to each indemnified party of a release from all liability
in respect to such claim or litigation without any payment or consideration
provided by such indemnified party.

      (e)   The indemnification provided for under this Agreement shall remain
in full force and effect regardless of any investigation made by or on behalf of
the indemnified party or any officer, director, agent, employee or controlling
Person of such indemnified party and shall survive the transfer of securities.
The Company also agrees to make such provisions, as are reasonably requested by
any indemnified party, for contribution to such party in the event the Company's
indemnification is unavailable for any reason.

      7.    Participation in Underwritten Registrations. No Person may
participate in any registration hereunder which is underwritten unless such
Person (i) agrees to sell such Person's securities on the basis provided in any
underwriting arrangements approved by the Person or Persons entitled hereunder
to approve such arrangements, (ii) completes and executes all questionnaires,
powers of attorney, indemnities, underwriting agreements and other documents
required under the terms of such underwriting arrangements, and (iii) completes
and executes any other documents reasonably required.

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      8.    Subsidiary Public Offering. If, after an initial public offering of
the equity securities of a Subsidiary of the LLC, the LLC distributes securities
of such Subsidiary to members of the LLC, then the rights and obligations of the
Company pursuant to this Agreement shall apply, mutatis mutandis, to such
Subsidiary, and the LLC or the Company, as applicable, shall cause such
Subsidiary to comply with such Subsidiary's obligations under this Agreement.

      9.    Definitions.

      "Affiliate" of any particular Person means any other Person controlling,
controlled by or under common control with such particular Person, where
"control" means the possession, directly or indirectly, of the power to direct
the management and policies of a Person whether through the ownership of voting
securities, contract or otherwise, and if such Person is a partnership,
"Affiliate" shall also mean each general partner and limited partner of such
Person. An Affiliate of TCW/Crescent Purchasers shall be deemed to include any
TCW/Crescent Purchaser and any of their Affiliates.

      "Common Stock" means, collectively, (i) following the organization of a
corporation and reorganization or recapitalization of the LLC into the Company
as provided in Section 1(a) above, the common equity securities of the Company
and any other class or series of authorized capital stock of the Company that is
not limited to a fixed sum or percentage of par or stated value in respect of
the rights of the holders thereof to participate in dividends or in the
distribution of assets upon any liquidation, dissolution or winding up of the
Company and (ii) any common stock of a Subsidiary of either the LLC or the
Company distributed by the LLC or the Company to its unitholders or
shareholders, as applicable.

      "Executive Registrable Securities" means, irrespective of which Person
actually holds such securities, (i) any shares of Common Stock issued or
distributed in respect of units of the LLC issued to the Executive and (ii)
common equity securities of the Company or a Subsidiary of either the LLC or the
Company issued or issuable with respect to the securities referred to in clause
(i) above by way of a dividend, split, distribution, conversion or in connection
with a combination of securities, or any recapitalization, merger, consolidation
or other reorganization.

      "GIC" means Filbert Investment Pte Ltd and its Affiliates.

      "GIC Registrable Securities" means, irrespective of which Person actually
holds such securities, (i) any shares of Common Stock issued or distributed in
respect of units of the LLC issued to GIC and (ii) common equity securities of
the Company or a Subsidiary of either the LLC or the Company issued or issuable
with respect to the securities referred to in clause (i) above by way of a
dividend, split, distribution, conversion or in connection with a combination of
securities, recapitalization, merger, consolidation or other reorganization.

      "GTCR Registrable Securities" means, irrespective of which Person actually
holds such securities, (i) any shares of Common Stock issued or distributed in
respect of units of the LLC issued to GTCR and (ii) common equity securities of
the Company or a Subsidiary of either the LLC or the Company issued or issuable
with respect to the securities referred to in

                                       10
<PAGE>

clause (i) above by way of a dividend, split, distribution, conversion or in
connection with a combination of securities, recapitalization, merger,
consolidation or other reorganization.

      "Investor Registrable Securities" means, collectively, the GIC Registrable
Securities and the TCW/Crescent Registrable Securities.

      "Jefferies Registrable Securities" means, irrespective of which Person
actually holds such securities, (i) any shares of Common Stock issued or
distributed in respect of units of the LLC issued to Jefferies & Company, Inc.
("Jefferies") and (ii) common equity securities of the Company or a Subsidiary
of either the LLC or the Company issued or issuable with respect to the
securities referred to in clause (i) above by way of a dividend, split,
distribution, conversion or in connection with a combination of securities,
recapitalization, merger, consolidation or other reorganization.

      "Person" means an individual, a partnership, a joint venture, a
corporation, a trust, a limited liability company, an unincorporated
organization or a government or any department or agency thereof.

      "Registrable Securities" means, collectively, the Executive Registrable
Securities, the GTCR Registrable Securities, the Investor Registrable Securities
and the Jefferies Registrable Securities. As to any particular Registrable
Securities, such securities will cease to be Registrable Securities when they
have been distributed to the public pursuant to an offering registered under the
Securities Act or sold to the public through a broker, dealer or market maker in
compliance with Rule 144 (or any similar rule then in force) under the
Securities Act. For purposes of this Agreement, a Person will be deemed to be a
holder of Registrable Securities whenever such Person has the right to acquire
such Registrable Securities (upon conversion or exercise in connection with a
transfer of securities or otherwise, but disregarding any restrictions or
limitations upon the exercise of such right), whether or not such acquisition
has actually been effected.

      "Securities Act" means the Securities Act of 1933, as amended.

      "Securities Exchange Act" means the Securities Exchange Act of 1934, as
amended, or any successor federal law then in force, together with all rules and
regulations promulgated thereunder.

      "Subsidiary" means, with respect to any Person, any corporation, limited
liability company, partnership, association, or other business entity of which
(i) if a corporation, a majority of the total voting power of equity securities
entitled (without regard to the occurrence of any contingency) to vote in the
election of directors, managers, or trustees thereof is at the time owned or
controlled, directly or indirectly, by that Person or one or more of the other
Subsidiaries of that Person or a combination thereof, or (ii) if a limited
liability company, partnership, association, or other business entity, a
majority of the partnership or other similar ownership interest thereof is at
the time owned or controlled, directly or indirectly, by that Person or one or
more Subsidiaries of that Person or a combination thereof. For purposes hereof,
a Person or Persons shall be deemed to have a majority ownership interest in a
limited liability company, partnership, association, or other business entity if
such Person or Persons shall be

                                       11
<PAGE>

allocated a majority of limited liability company, partnership, association, or
other business entity gains or losses or shall be, or control, the managing
director or general partner of such limited liability company, partnership,
association, or other business entity. Reference to any "Subsidiary" shall be
given effect only at such times as that Person or Persons has one or more
Subsidiaries.

      "TCW/Crescent Purchasers" means, collectively, TCW/Crescent Mezzanine
Partners II, L.P., a Delaware limited partnership, TCW/Crescent Mezzanine Trust
II, a Delaware business trust, TCW Leverage Income Trust, L.P., a Delaware
limited partnership, TCW Leveraged Income Trust II, L.P., a limited partnership,
and TCW Leveraged Income Trust IV, L.P., a limited partnership, any of their
Affiliates or any holder of Stockholder Shares for whom Trust Company of the
West or any Affiliate of Trust Company of the West acts as an Account Manager
(each individually a "TCW/Crescent Purchaser").

      "TCW/Crescent Registrable Securities" means, irrespective of which Person
actually holds such securities, (i) any shares of Common Stock issued or
distributed in respect of units of the LLC issued to the TCW/Crescent Purchasers
and (ii) common equity securities of the Company or a Subsidiary of either the
LLC or the Company issued or issuable with respect to the securities referred to
in clause (i) above by way of a dividend, split, distribution, conversion or in
connection with a combination of securities, recapitalization, merger,
consolidation or other reorganization.

      10.   Miscellaneous.

      (a)   No Inconsistent Agreements. Neither the LLC nor the Company shall
hereafter enter into any agreement with respect to its securities that is
inconsistent with or violates the rights granted to the holders of Registrable
Securities in this Agreement.

      (b)   Adjustments Affecting Registrable Securities. The Company shall not
take any action, or permit any change to occur, with respect to its securities
that would materially and adversely affect the ability of the holders of
Registrable Securities to include such Registrable Securities in a registration
undertaken pursuant to this Agreement or that would materially and adversely
affect the marketability of such Registrable Securities in any such registration
(including, without limitation, effecting a stock split, or a combination of
shares).

      (c)   Remedies. Any Person having rights under any provision of this
Agreement shall be entitled to enforce such rights specifically to recover
damages caused by reason of any breach of any provision of this Agreement and to
exercise all other rights granted by law. The parties hereto agree and
acknowledge that money damages may not be an adequate remedy for any breach of
the provisions of this Agreement and that any party may in its sole discretion
apply to any court of law or equity of competent jurisdiction (without posting
any bond or other security) for specific performance and for other injunctive
relief in order to enforce or prevent violation of the provisions of this
Agreement.

      (d)   Amendments and Waivers. Except as otherwise provided herein, no
modification, amendment, or waiver of any provision of this Agreement shall be
effective against the LLC, the Company or the holders of Registrable Securities
unless such modification,

                                       12
<PAGE>

amendment, or waiver is approved in writing by the LLC or the Company, as the
case may be, and (i) the holders of at least a majority of the Registrable
Securities or (ii) prior to the organization of a corporation and reorganization
or recapitalization of the LLC pursuant to Section 15.7 of the LLC Agreement,
holders of a majority of the Common Units (as defined in the LLC Agreement);
provided that no such amendment or modification that would materially and
adversely affect holders of one class or group of Registrable Securities in a
manner different than holders of any other class or group of Registrable
Securities shall be effective against the holders of such class or group of
Registrable Securities without the prior written consent of the holders of at
least a majority of Registrable Securities of such class or group materially and
adversely affected thereby. No failure by any party to insist upon the strict
performance of any covenant, duty, agreement, or condition of this Agreement or
to exercise any right or remedy consequent upon a breach thereof shall
constitute a waiver of any such breach or any other covenant, duty, agreement,
or condition.

      (e)   Successors and Assigns. All covenants and agreements in this
Agreement by or on behalf of any of the parties hereto shall bind and inure to
the benefit of the respective successors and assigns of the parties hereto
whether so expressed or not. In addition, whether or not any express assignment
has been made, the provisions of this Agreement which are for the benefit of
purchasers or holders of Registrable Securities are also for the benefit of, and
enforceable by, any subsequent holder of Registrable Securities.

      (f)   Severability. Whenever possible, each provision of this Agreement
shall be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement is held to be prohibited
by or invalid under applicable law, such provision shall be ineffective only to
the extent of such prohibition or invalidity, without invalidating the remainder
of this Agreement.

      (g)   Counterparts. This Agreement may be executed simultaneously in two
or more counterparts (including by means of telecopied signature pages), any one
of which need not contain the signatures of more than one party, but all such
counterparts taken together shall constitute one and the same Agreement.

      (h)   Descriptive Headings. The descriptive headings of this Agreement are
inserted for convenience only and do not constitute a part of this Agreement.

      (i)   Governing Law. The law of the State of Delaware shall govern all
issues and questions concerning the relative rights of the LLC, the Company and
its securityholders. All other issues and questions concerning the construction,
validity, interpretation and enforcement of this Agreement and the exhibits and
schedules hereto shall be governed by, and construed in accordance with, the
laws of the State of Delaware, without giving effect to any choice of law or
conflict of law rules or provisions (whether of the State of Delaware or any
other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of Delaware.

      (j)   Entire Agreement. Except as otherwise expressly set forth herein,
this Agreement, those documents expressly referred to herein, and the other
documents of even date herewith embody the complete agreement and understanding
among the parties and supersede

                                       13
<PAGE>

and preempt any prior understandings, agreements, or representations by or among
the parties, written or oral, which may have related to the subject matter
hereof in any way, including, without limitation, the Registration Agreement of
CLC Acquisition Corporation, a Delaware corporation and the predecessor to
Coinmach Laundry Corporation, a wholly-owned subsidiary of the LLC, dated July
5, 2000.

      (k)   Notices. All notices, demands or other communications to be given or
delivered under or by reason of the provisions of this Agreement shall be in
writing and shall be deemed to have been given when delivered personally to the
recipient, sent to the recipient by reputable overnight courier service (charges
prepaid) or mailed to the recipient by certified or registered mail, return
receipt requested and postage prepaid. Such notices, demands and other
communications shall be sent to each Executive at the address indicated on the
Schedule of Executives attached hereto, to each Investor at the address
indicated on the Schedule of Investors attached hereto, and to the Company and
GTCR-CLC at the addresses indicated below:

      If to the Company:

            Coinmach Laundry Corporation
            521 East Morehead
            Charlotte, NC 28202
            Attention: Stephen L. Kerrigan

      with copies, which will not constitute notice to the Company, to:

            GTCR Fund VII, L.P.
            c/o GTCR Golder Rauner, L.L.C.
            6100 Sears Tower
            Chicago, IL 60606-6402
            Attention: David A. Donnini

            Kirkland & Ellis
            200 East Randolph Drive
            Chicago, IL 60601
            Attention: Stephen L. Ritchie, P.C.

            Mayer, Brown, Rowe & Maw
            1675 Broadway
            New York, NY 10019
            Attention: Ronald S. Brody, Esq.

      If to GTCR-CLC:

            GTCR-CLC, LLC
            c/o GTCR Golder Rauner, L.L.C.
            6100 Sears Tower
            Chicago, IL 60606-6402
            Attention: David A. Donnini

                                       14
<PAGE>

      with a copy, which will not constitute notice to GTCR-CLC, to:

            Kirkland & Ellis
            200 East Randolph Drive
            Chicago, Illinois 60601
            Attention: Stephen L. Ritchie, P.C.

or to such other address or to the attention of such other person as the
recipient party has specified by prior written notice to the sending party.

                                    * * * * *

                                       15
<PAGE>

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

                                            COINMACH HOLDINGS, LLC

                                            By:  /S/ STEPHEN R. KERRIGAN
                                               ---------------------------------
                                               Name:  Stephen R. Kerrigan
                                               Its:

                                            GTCR-CLC, LLC

                                            By:  GTCR Fund VII, L.P.
                                            Its: Managing Member

                                            By:  GTCR Partners VII, L.P.
                                            Its: General Partner

                                            By:  GTCR Golder Rauner, L.L.C.
                                            Its: General Partner

                                            By:   /S/ DAVID A. DONNINI
                                                --------------------------------
                                                Name: David A. Donnini
                                                Its:  Principal

<PAGE>

TCW/CRESCENT MEZZANINE PARTNERS II, L.P.
TCW/CRESCENT MEZZANINE TRUST II

By:    TCW/Crescent Mezzanine II, L.L.C.,
       as investment manager

By:    TCW/Crescent Mezzanine, L.L.C.,
       its managing owner

By:    /S/ TIMOTHY P. COSTELLO
    ----------------------------------------
Name:      Timothy P. Costello
Title:     Managing Director

TCW LEVERAGED INCOME TRUST, L.P.

By:    TCW Advisors (Bermuda), Ltd.,
       as general partner

By:    /S/ JAMES M. HASSETT
    ----------------------------------------
Name:      James M. Hassett
Title:     Managing Director

By:    TCW Investment Management Company,
       as Investment Advisor

By:    /S/ TIMOTHY P. COSTELLO
    ----------------------------------------
Name:      Timothy P. Costello
Title:     Managing Director

<PAGE>

TCW LEVERAGED INCOME TRUST II, L.P.

By:    TCW (LINC II), L.P.,
       as general partner

By:    TCW Advisors (Bermuda), Ltd..,
       as general partner

By:    /S/ JAMES M. HASSETT
    ----------------------------------------
Name:      James M. Hassett
Title:     Managing Director

By:    TCW Investment Management Company,
       as Investment Advisor

By:    /S/ TIMOTHY P. COSTELLO
    ----------------------------------------
Name:      Timothy P. Costello
Title:     Managing Director

TCW LEVERAGED TRUST IV, L.P.

By:    TCW Asset Management Company, as Investment Advisor

By:    /S/ JAMES M. HASSETT
    ----------------------------------------
Name:      James M. Hassett
Title:     Managing Director

By:    TCW Asset Management Company, as managing member
       Of TCW (LINC IV), L.L.C., the general partner

By:    /S/ TIMOTHY P. COSTELLO
    ----------------------------------------
Name:      Timothy P. Costello
Title:     Managing Director

<PAGE>

FILBERT INVESTMENT PTE LTD.

By:    /S/ BRETT K. FISHER
    ----------------------------------------
    Name:      Brett K. Fisher
    Its:       Director

JEFFERIES & COMPANY, INC.

By:    /S/ ANDREW R. WHITTAKER
     ---------------------------------
     Name:      Andrew R. Whittaker
     Its:       Vice Chairman

<PAGE>

                                                MCS CAPITAL, INC.

                                                By: /S/ STEPHEN R. KERRIGAN
                                                   -----------------------------
                                                   Name:   Stephen R. Kerrigan
                                                   Title:  President

<PAGE>

                                                /S/ MITCHELL BLATT
                                                --------------------------------
                                                Mitchell Blatt

                                                /S/ STEPHEN R. KERRIGAN
                                                --------------------------------
                                                Stephen R. Kerrigan

                                                /S/ MICHAEL E. STANKY
                                                --------------------------------
                                                Michael E. Stanky

                                                /S/ ROBERT M. DOYLE
                                                --------------------------------
                                                Robert M. Doyle

                                                /S/ JAMES N. CHAPMAN
                                                --------------------------------
                                                James N. Chapman

<PAGE>

                             SCHEDULE OF EXECUTIVES

Name and Address

Stephen R. Kerrigan
c/o Coinmach Laundry Corporation
521 East Morehead
Charlotte, NC 28202

      with a copy to:

      Mayer, Brown, Rowe & Maw
      1675 Broadway
      New York, NY 10019
      Attention: Ronald S. Brody, Esq.

Mitchell Blatt
31 Wilmington Drive
Dix Hills, NY 11747

      with a copy to:

      Mayer, Brown, Rowe & Maw
      1675 Broadway
      New York, NY 10019
      Attention: Ronald S. Brody, Esq.

Robert M. Doyle
53 Sheryl Crescent
Smithtown, NY 11787

      with a copy to:

      Mayer, Brown, Rowe & Maw
      1675  Broadway
      New York, NY 10019
      Attention: Ronald S. Brody, Esq.

Michael E. Stanky
c/o Coinmach Laundry Corporation
521 East Morehead
Charlotte, NC 28202

      with a copy to:

      Mayer, Brown, Rowe & Maw
      1675 Broadway
      New York, NY 10019
      Attention: Ronald S. Brody, Esq.

<PAGE>

James N. Chapman
521 East Morehead
Charlotte, NC 28202

      with a copy to:

      Mayer, Brown, Rowe & Maw
      1675 Broadway
      New York, NY 10019
      Attention: Ronald S. Brody, Esq.

<PAGE>

                              SCHEDULE OF INVESTORS

FILBERT INVESTMENT PTE LTD
c/o GIC Special Investments
255 Shoreline Drive, Suite 600
Redwood City, CA 94107

with a copy to:

      Heller Ehrman White & McAuliffe LLP
      333 Bush Street
      San Francisco, CA 94104
      Attention: Randall B. Schai

TCW/CRESCENT MEZZANINE PARTNERS II, L.P.
TCW/CRESCENT MEZZANINE TRUST II
TCW LEVERAGE INCOME TRUST, L.P.
TCW LEVERAGED INCOME TRUST II, L.P.
TCW LEVERAGED INCOME TRUST IV, L.P.

c/o TCW Crescent Mezzanine L.L.C.
200 Crescent Court, Suite 1600
Dallas, Texas 75201
Attention: Timothy P. Costello

with a copy to:

      Gary B. Clark
      Gardere Wynne Sewell LLP
      1601 Elm Street
      3000 Thanksgiving Tower
      Dallas, Texas 75201

JEFFERIES & COMPANY, INC.
11100 Santa Monica Blvd., 10th Floor
Los Angeles, California 90025
Attention: Dan Esters<PAGE>

                                                                  EXHIBIT 10.19

                             COINMACH HOLDINGS, LLC
                       MANAGEMENT CONTRIBUTION AGREEMENT

      THIS CONTRIBUTION AGREEMENT (this "Agreement") is made as of March 5,
2003, by and between Coinmach Holdings, LLC, a Delaware limited liability
company (the "Company"), MCS Capital, Inc., a Delaware corporation (the
"Management Stockholder"), and, for purposes of Sections 3.15 and 7.2 only,
Stephen R. Kerrigan, Chief Executive Officer of the Company ("Kerrigan"), and,
for purposes of Section 7.2 only, Coinmach Laundry Corporation, a Delaware
corporation ("Coinmach Laundry"). Except as otherwise indicated herein,
capitalized terms used herein are defined in Section 6 hereof.

      WHEREAS, Coinmach Laundry will be a wholly-owned subsidiary of the Company
on the Closing Date;

      WHEREAS, Coinmach Corporation, a Delaware corporation ("Coinmach
Corporation"), is a wholly-owned subsidiary of Coinmach Laundry;

      WHEREAS, Appliance Warehouse of America, Inc., a Delaware corporation
("Appliance Warehouse"), was formed as a wholly-owned subsidiary of Coinmach
Corporation;

      WHEREAS, Management Stockholder acquired shares of common stock, par value
$.01 per share, of Coinmach Laundry (the "Non-EPP Common Stock") in connection
with Coinmach Laundry's going-private transaction in July of 2000;

      WHEREAS, Management Stockholder also acquired shares of Class B2 Preferred
Stock, par value $.01 per share, of Coinmach Laundry (the "CLC Preferred Stock")
in connection with Coinmach Laundry's going-private transaction in July of 2000;

      WHEREAS, in connection with Coinmach Laundry's equity participation
program (the "CLC Equity Participation Program"), Management Stockholder also
acquired shares of common stock, par value $.01 per share, of Coinmach Laundry
(the "EPP Common Stock" and, together with the Non-EPP Common Stock, the "CLC
Common Stock") pursuant to the Coinmach Laundry Corporation Equity Participation
Program Restricted Common Stock Purchase Agreement, dated as of December 17,
2000, by and between Management Stockholder and Coinmach Laundry (the "CLC
Equity Purchase Agreement");

      WHEREAS, Management Stockholder and Coinmach Laundry desire to terminate
the CLC Equity Purchase Agreement and enter into this Agreement, which shall
contain substantially similar terms as the CLC Equity Purchase Agreement;

      WHEREAS, in connection with the CLC Equity Participation Program,
Management Stockholder agreed to assign all of the issued and outstanding shares
of EPP Common Stock owned by Management Stockholder to Coinmach Laundry pursuant
to the Senior Management Stock Assignment, dated as of December 17, 2000 (the
"CLC Stock Assignment");

<PAGE>

      WHEREAS, Management Stockholder desires to replace such CLC Stock
Assignment with an undated instrument of transfer containing customary terms and
conditions of transfer in respect of the securities of the Company received in
exchange for the Contributed Stock (the "Instrument of Transfer");

      WHEREAS, in connection with the purchase of EPP Common Stock under the CLC
Equity Participation Program, Management Stockholder entered into the Senior
Management Promissory Note, dated as of December 17, 2000 (the "CLC Promissory
Note"), in favor of Coinmach Laundry;

      WHEREAS, Management Stockholder desires to amend and restate the CLC
Promissory Note as set forth in the Amended and Restated Promissory Note, dated
as of the Closing Date (the "Amended CLC Promissory Note"), with substantially
similar terms as the CLC Promissory Note;

      WHEREAS, in connection with the CLC Equity Participation Program,
Management Stockholder entered into the Senior Management Security Agreement,
dated as of December 17, 2000, by and among Management Stockholder, Coinmach
Laundry and the secretary of Coinmach Laundry (the "CLC Security Agreement");

      WHEREAS, Management Stockholder desires to amend and restate the CLC
Security Agreement as set forth in the Amended and Restated Security Agreement,
dated as of the Closing Date (the "Amended CLC Security Agreement," and together
with the Instrument of Transfer and the Amended CLC Promissory Note, the
"Amended EPP Documents");

      WHEREAS, on or prior to the date hereof, (i) Coinmach Corporation declared
and paid a dividend on its issued and outstanding shares of common stock, par
value $.01 per share, payable in shares of common stock, par value $.01 per
share, of Appliance Warehouse (the "AWA Common Stock"), and (ii) Coinmach
Laundry authorized the declaration of a dividend (the "AWA Common Stock
Dividend") on its issued and outstanding shares of CLC Common Stock in shares of
AWA Common Stock;

      WHEREAS, the AWA Common Stock Dividend is payable on the Closing Date to
holders of record of CLC Common Stock as of the Closing Date;

      WHEREAS, Management Stockholder desires to contribute to the Company, and
the Company desires to acquire from Management Stockholder, all of (i) the CLC
Common Stock, (ii) the AWA Common Stock (by Management Stockholder's assignment
of its right to receive the AWA Common Stock Dividend), and (iii) the CLC
Preferred Stock (the CLC Preferred Stock, the CLC Common Stock and the AWA
Common Stock being referred to collectively herein as the "Contributed Stock"),
owned (or with respect to which Management Stockholder has the right to
receive), directly or indirectly, by Management Stockholder and listed on
Schedule A attached hereto, in exchange for Common Units and Class C Preferred
Units of the Company in the amounts set forth on Schedule A attached hereto.

      NOW THEREFORE, the parties hereto hereby agree as follows:

                                       2
<PAGE>

      Section 1. Contribution; Issuance and Vesting of Common Units and Issuance
of Class C Preferred Units; Consent to Dividend.

      1.1 Authorization of Common Units and Preferred Units. The Company hereby
authorizes the issuance to Management Stockholder of 8,320,914 Common Units and
3,403.36 Class C Preferred Units.

      1.2 Contribution of Contributed Stock and Issuance of Common Units and
Class C Preferred Units. At the Closing (as defined in Section 1.5 below),
subject to the terms and conditions set forth herein, Management Stockholder
shall contribute the CLC Common Stock and the CLC Preferred Stock and assign all
of its right, title and interest in and to the AWA Common Stock Dividend, to the
Company (the "Management Stock Contribution"), and the Company shall issue to
Management Stockholder the number of Common Units and Class C Preferred Units
listed on Schedule A attached hereto in exchange therefor. The Company and
Management Stockholder agree that (i) the fair value of the Common Units
received in exchange for the contributed CLC Common Stock and the AWA Common
Stock is equal to the fair value of the CLC Common Stock and the AWA Common
Stock contributed by Management Stockholder for the Common Units as set forth on
Schedule A, (ii) the fair value of the Class C Preferred Units received in
exchange for the contributed CLC Preferred Stock is equal to the fair value of
the CLC Preferred Stock contributed by Management Stockholder for the Class C
Preferred Units as set forth on Schedule A, (iii) the consideration given by
Management Stockholder is a tax free contribution of property to a partnership
pursuant to Code Section 721, and (iv) each party shall prepare or cause to be
prepared their tax returns in accordance with clauses (i) through (iii) above.
The parties hereto hereby acknowledge and agree that upon delivery of the
Dividend Payment Notice to Coinmach Laundry pursuant to Section 2.4 hereof, the
Company shall be entitled to receive all of the AWA Common Stock to which
Management Stockholder is entitled pursuant to the AWA Common Stock Dividend
without any further action required to be taken by any party hereto or otherwise
(except as otherwise provided in this Section 1.2).

      1.3 Vesting of Common Units. The Management Stock Contribution shall
include both the Vested Shares and Unvested Shares of EPP Common Stock held by
Management Stockholder under the CLC Equity Purchase Agreement. Management
Stockholder shall receive from the Company at the Closing a number of Common
Units representing the number of Vested Shares of EPP Common Stock held by
Management Stockholder under the CLC Equity Purchase Agreement on the date of
the Closing (together with the other Common Units, the "Vested Common Units")
and a number of Common Units representing the number of Unvested Shares of EPP
Common Stock held by Management Stockholder under the CLC Equity Purchase
Agreement on the date of the Closing (the "Unvested Common Units"). 4,539,406 of
the Common Units held by Management Stockholder set forth on Schedule A shall be
subject to the following vesting schedule (expressed as a percentage of
4,539,406 Common Units):

                                       3
<PAGE>

<TABLE>
<CAPTION>
                          VESTING DATE APPLICABLE TO
INSTALLMENT                      INSTALLMENT
-----------                      -----------
<S>                       <C>
     25%                      December 17, 2000
     25%                      December 17, 2001
     25%                      December 17, 2002
     25%                      December 17, 2003
</TABLE>

provided, however, that if Kerrigan ceases to be employed by the Company and its
Subsidiaries on any date other than any anniversary date, the cumulative
percentage to become vested will be determined on a pro-rata basis according to
the number of days elapsed since the prior anniversary date.

      1.4 No Voting Rights. Except as otherwise provided for in the LLC
Agreement, Management Stockholder shall have no voting rights with respect to
the Unvested Common Units.

      1.5 Closing. The closing of the Management Stock Contribution and the
issuance of the Common Units and Class C Preferred Units (the "Closing") shall
take place at the offices of Mayer, Brown, Rowe & Maw, 1675 Broadway, New York,
NY 10019 at 10:00 a.m. on the Closing Date, or at such other place designated by
the Company.

      1.6 Consent to Dividend. Management Stockholder hereby consents and agrees
to the declaration and payment of the AWA Common Stock Dividend by Coinmach
Laundry prior to the payment of any dividend or other distribution on such
Management Stockholder's CLC Preferred Stock to which such Management
Stockholder may be entitled and expressly agrees, solely in its capacity as a
holder of CLC Preferred Stock, that such Management Stockholder shall not be
entitled to be paid any dividends on its CLC Preferred Stock, including the AWA
Common Stock Dividend, as a condition to the payment of such AWA Common Stock
Dividend.

      Section 2. Conditions to Closing. The Company's obligation to issue the
Common Units and Class C Preferred Units to Management Stockholder in connection
with the Management Stock Contribution is subject to the satisfaction as of the
Closing of the following conditions:

      2.1 Limited Liability Company Agreement. Management Stockholder shall have
entered into the LLC Agreement on the Closing Date and shall have executed and
delivered a counterpart signature page thereto. The LLC Agreement shall be in
full force and effect as of the Closing, and the parties to the LLC Agreement
shall not be in breach of any of the terms thereof.

      2.2 Registration Agreement. Management Stockholder shall have entered into
the Company's registration agreement (the "LLC Registration Agreement") on the
Closing Date and shall have executed and delivered to the Company a counterpart
signature page thereto. The LLC Registration Agreement shall be in full force
and effect as of the Closing, and the parties to the LLC Registration Agreement
shall not be in breach of any of the terms thereof.

      2.3 Securityholders Agreement. Management Stockholder shall have entered
into the Company's securityholders agreement (the "LLC Securityholders
Agreement") on the Closing

                                       4
<PAGE>

Date and shall have executed and delivered to the Company a counterpart
signature page thereto. The LLC Securityholders Agreement shall be in full force
and effect as of the Closing, and the parties to the LLC Securityholders
Agreement shall not be in breach of any of the terms thereof.

      2.4 Amended EPP Documents. Management Stockholder shall have entered into
each of the Amended EPP Documents on the Closing Date and shall have executed
and delivered to the Company a counterpart signature page thereto.

      2.5 Delivery of Dividend Payment Notice. Management Stockholder shall have
delivered to Coinmach Laundry written notice substantially in the form attached
hereto as Exhibit A (the "Dividend Payment Notice"), directing and authorizing
Coinmach Laundry to pay to the Company on the Closing Date all of the AWA Common
Stock to which Management Stockholder is entitled pursuant to the AWA Common
Stock Dividend. The Dividend Payment Notice is hereby deemed to evidence the
assignment by Management Stockholder of its right to receive the AWA Common
Stock Dividend pursuant to Section 1.2 hereof.

      Section 3. Representations and Warranties of Management Stockholder. As a
material inducement to the Company to enter into this Agreement, Management
Stockholder represents and warrants to the Company that:

      3.1 Authorization of Transactions. Management Stockholder has full power
and authority to enter into this Agreement and the other agreements contemplated
hereby to which Management Stockholder is a party, and to perform Management
Stockholder's obligations hereunder and thereunder.

      3.2 Execution, Delivery; Valid and Binding Agreements. This Agreement has
been duly executed and delivered by Management Stockholder, and constitutes, and
the other agreements contemplated hereby to which Management Stockholder is a
party, when executed and delivered by Management Stockholder in accordance with
the terms thereof shall each constitute, a valid and binding obligation of
Management Stockholder, enforceable in accordance with its terms, subject to the
effect of bankruptcy, or other similar laws and to general principles of equity
(whether considered in proceedings at law or in equity).

      3.3 No Breach. The execution and delivery by Management Stockholder of
this Agreement and the other agreements contemplated hereby to which Management
Stockholder is a party, and the fulfillment of and compliance with the
respective terms hereof and thereof by Management Stockholder, does not and
shall not (i) conflict with or result in a breach of the terms, conditions or
provisions of, (ii) constitute a default under (whether with or without the
giving of notice, the passage of time or both), (iii) result in the creation of
any lien upon Management Stockholder's assets or encumbrance upon Management
Stockholder's Contributed Stock pursuant to, (iv) give any third party the right
to modify, terminate or accelerate any obligation under, (v) result in a
violation of, or (vi) require any authorization, consent, approval, exemption or
other action by or notice or declaration to, or filing with, any third party or
any court or administrative or governmental body or agency pursuant to, any law,
statute, rule or regulation to which Management Stockholder is subject, or any
organizational document, agreement, instrument, order, judgment or decree to
which Management Stockholder is subject.

                                       5
<PAGE>

      3.4 Title to Coinmach Laundry Stock. Management Stockholder is the record
and beneficial owner of the shares of Contributed Stock shown on Schedule A
attached hereto. On the Closing Date, Management Stockholder shall transfer to
the Company good and marketable title to such shares of Contributed Stock, free
and clear of all liens or other encumbrances of any kind. Except for the shares
of stock shown on Schedule A attached hereto, Management Stockholder owns no
other shares of CLC Common Stock, AWA Common Stock or CLC Preferred Stock and is
not a party to any option, warrant, right, contract, call, put or other
agreement or commitment providing for the acquisition or disposition of any
capital stock of Coinmach Laundry (other than this Agreement and the CLC Equity
Purchase Agreement). Management Stockholder is not a party to any voting trust,
proxy or other agreement or understanding with respect to the voting of any
capital stock of Coinmach Laundry, Appliance Warehouse or the Company.

      3.5 Litigation. There are no actions, suits, proceedings, orders or
investigations pending or, to the best of Management Stockholder's knowledge,
threatened against or affecting Management Stockholder, at law or in equity, or
before or by any federal, state, municipal or other governmental department,
commission, board, bureau, agency or instrumentality, domestic or foreign, which
would adversely affect Management Stockholder's performance under this
Agreement, the other agreements contemplated hereby to which Management
Stockholder is a party or the consummation of the transactions contemplated
hereby or thereby.

      3.6 Brokerage. There are no claims for brokerage, commissions, finders'
fees or similar compensation in connection with the transactions contemplated by
this Agreement based on any arrangement or agreement binding upon Management
Stockholder. Management Stockholder shall pay, and hold the Company harmless
against, any liability, loss or expense (including, without limitation,
reasonable attorneys' fees and out-of-pocket expenses) arising in connection
with any such claim.

      3.7 Issued Entirely for Own Account. The Common Units and Class C
Preferred Units to be issued to Management Stockholder are for investment for
Management Stockholder's own account, not as a nominee or agent, and not with a
view to the resale or distribution of any part thereof, and Management
Stockholder has no present intention of selling, granting any participation in,
or otherwise distributing the same. By executing this Agreement, Management
Stockholder further represents that Management Stockholder does not have any
contract, undertaking, agreement or arrangement with any person to sell,
transfer or grant participation to such person or to any third person, with
respect to any of the Common Units or Class C Preferred Units.

      3.8 Disclosure of Information. Management Stockholder acknowledges that it
is aware of the Company's business affairs and financial condition and has
received all the information Management Stockholder considers necessary or
appropriate for deciding whether to acquire the Common Units and Class C
Preferred Units. Management Stockholder further represents that it has had an
opportunity to ask questions and receive answers from the Company regarding the
terms and conditions of the Common Units or Class C Preferred Units, and the
business, properties, prospects and financial condition of the Company.

                                       6
<PAGE>

      3.9 Investment Experience. Management Stockholder acknowledges that it can
bear the economic risk of its investment, and has such knowledge and experience
in financial or business matters that Management Stockholder is capable of
evaluating the merits and risks of an investment in Common Units and Class C
Preferred Units hereunder.

      3.10 Restricted Securities. Management Stockholder acknowledges that the
Common Units and Class C Preferred Units have not been registered under the
Securities Act, are deemed to constitute "restricted securities" under Rule 701
and Rule 144 promulgated under the Securities Act and must be held indefinitely
unless they are subsequently registered under the Securities Act and qualified
under any applicable state securities laws or an exemption from such
registration and qualification is available. Management Stockholder further
acknowledges that the Company is under no obligation to register the Common
Units or Class C Preferred Units.

      3.11 Resales of Restricted Securities. Management Stockholder acknowledges
that it is familiar with the provisions of Rule 701 and Rule 144 under the
Securities Act, which Rules, in substance, permit limited public resale of
"restricted securities" acquired, directly or indirectly from the issuer
thereof, in a non-public offering subject to the satisfaction of certain
conditions. Management Stockholder understands that if the Company becomes
subject to the reporting requirements of Section 13 or 15(d) of the Exchange
Act, Management Stockholder will not be able to resell the Common Units or Class
C Preferred Units under Rule 701 (i) until at least ninety (90) days after the
Company became subject to such reporting requirements (or any longer stand-off
period, as discussed below, may require) and (ii) unless such resale satisfies
those provisions of Rule 144 that are specified in Rule 701(g)(3). Even if the
Company is not subject to such reporting requirements, the Common Units and
Class C Preferred Units may be resold in certain limited circumstances subject
to satisfaction of all of the applicable provisions of Rule 144. Management
Stockholder further acknowledges that in the event all of the applicable
requirements of Rule 144 are not satisfied, registration under the Securities
Act, compliance with Regulation A, or some other registration exemption will be
required in order to resell the Common Units or Class C Preferred Units.
Management Stockholder understands that no assurances can be given that any such
registration will be made or any such exemption will be available in such event.

      3.12 Legends. Management Stockholder acknowledges and understands that all
certificates representing Common Units or Class C Preferred Units shall have
endorsed thereon the legend described in the Senior Management Agreement and
such other appropriate legends reflecting any other restrictions pursuant to the
LLC Agreement, bylaws, this Agreement and/or applicable securities laws.

      3.13 Stop-Transfer Instructions. Management Stockholder agrees that, if
required by the Company (or a representative of the underwriters) in connection
with the first underwritten registration of the offering of any securities of
the Company under the Securities Act, Management Stockholder will not sell or
otherwise Transfer or dispose of any Common Units, Class C Preferred Units or
other securities of the Company during such stand-off period (not to exceed
one-hundred eighty (180) days following the effective date of the registration
statement of the Company filed under the Securities Act) as may be requested by
the Company or representatives of the underwriters. Management Stockholder
further agrees that the Company may impose stop-transfer instructions with
respect to the Common Units or Class C Preferred

                                       7
<PAGE>

Units and any other of Management Stockholder's securities that are subject to
the foregoing restrictions until the end of such period.

      3.14 Invalid Transfers. Management Stockholder acknowledges and agrees
that the Company shall not be required (i) to transfer on its books any Common
Units or Class C Preferred Units that have been sold or otherwise Transferred in
violation of any of the representations, warranties, agreements or other
provisions contained in this Agreement or any other agreement between the
Company and Management Stockholder, or (ii) in any such event, to treat as owner
of such Common Units or Class C Preferred Units, or to accord the right to vote
or pay dividends to any purchaser or other transferee to whom such Common Units
or Class C Preferred Units shall have been so Transferred.

      3.15 Ownership of Management Stockholder. Kerrigan and Maureen W. Kerrigan
("Spouse") are the sole shareholders of all outstanding voting equity interests
of Management Stockholder, with Kerrigan owning of record and beneficially 100
shares of common stock and Spouse owning of record and beneficially 100 shares
of common stock, each free and clear of all liens, claims, charges,
encumbrances, voting agreements or restrictions of any kind. There are no
options, warrants, convertible securities or rights to acquire shares of
Management Stockholder outstanding and there are no agreements or arrangements
to issue any of the foregoing. Management Stockholder has conducted no business
other than holding investment securities and has no material liabilities.

      3.16 Closing Date. All of the representations and warranties of Management
Stockholder contained in this Section 3 and elsewhere in this Agreement, and all
information delivered by Management Stockholder in any schedule or attachment
hereto or in any writing delivered by Management Stockholder to the Company, are
true and correct on the date of this Agreement and will be true and correct on
the Closing Date, except to the extent that Management Stockholder shall have
advised the Company otherwise in writing prior to the Closing.

      Section 4. Representations and Warranties of the Company. As a material
inducement to Management Stockholder to enter into this Agreement and make the
Management Stock Contribution, the Company hereby represents and warrants to
Management Stockholder that:

      4.1 Organization and Power. The Company is a limited liability company
duly organized, validly existing and in good standing under the laws of the
State of Delaware and is qualified to do business in every jurisdiction in which
the failure to so qualify might reasonably be expected to have a material
adverse effect on the financial condition, operating results, assets, operations
or business prospects of the Company. The Company has all requisite power and
authority and all material licenses, permits and authorizations necessary to own
and operate its properties, to carry on its businesses as now conducted and
presently proposed to be conducted and to carry out the transactions
contemplated by this Agreement.

      4.2 Authorization; No Breach. The execution, delivery and performance of
this Agreement and the Amended EPP Documents (collectively, the "Transaction
Documents") have been duly authorized by the Company. Each Transaction Document
constitutes a valid and

                                       8
<PAGE>

binding obligation of the Company, enforceable in accordance with its terms. The
execution and delivery by the Company of the Transaction Documents, the issuance
of the Common Units and Class C Preferred Units hereunder, and the fulfillment
of and compliance with the respective terms hereof and thereof by the Company do
not and will not (i) conflict with or result in a breach of the terms,
conditions or provisions of, (ii) constitute a default under, (iii) result in
the creation of any lien, security interest, charge or encumbrance upon the
Company's Units or assets pursuant to, (iv) give any third party the right to
modify, terminate or accelerate any obligation under, (v) result in a violation
of, or (vi) require any authorization, consent, approval, exemption or other
action by or notice to any court or administrative or governmental body pursuant
to, the LLC Agreement, or any law, statute, rule or regulation to which the
Company is subject, or any agreement, instrument, order, judgment or decree to
which the Company is a party or by which it is bound.

      4.3 Closing Date. The representations and warranties of the Company
contained in this Section 4 and elsewhere in this Agreement shall be true and
correct in all material respects on the Closing Date as though then made, except
as affected by the transactions expressly contemplated by this Agreement.

      Section 5. Escrow of Restricted Securities; Certain Matters Regarding the
Escrow Agent.

      5.1 For so long as Common Units or Class C Preferred Units held by
Management Stockholder are subject to the terms of the Amended CLC Security
Agreement, Management Stockholder irrevocably authorizes the Company to deposit
with the Escrow Agent any certificates evidencing such Common Units or Class C
Preferred Units to be held by the Escrow Agent hereunder. Management Stockholder
hereby irrevocably constitutes and appoints the Escrow Agent as Management
Stockholder's attorney-in-fact and agent for the term of the escrow arrangement
created hereunder to execute with respect to such Common Units or Class C
Preferred Units all documents necessary or appropriate to make such Common Units
or Class C Preferred Units negotiable and to complete any transaction herein
contemplated.

      5.2 The Escrow Agent is a party to this Agreement only for the purpose of
the escrow instructions contained herein. The duties of the Escrow Agent
hereunder are limited to those expressly set forth herein, and may be altered,
amended, modified or revoked only by a writing signed by all of the parties
hereto. The Escrow Agent may rely and shall be protected in relying or
refraining from acting on any instrument reasonably believed by the Escrow Agent
to be genuine and to have been signed or presented by the proper party or
parties. The Escrow Agent shall not be personally liable for any act the Escrow
Agent may do or omit to do hereunder as Escrow Agent while acting in good faith,
and any act done or omitted by the Escrow Agent pursuant to the advice of the
Escrow Agent's attorneys shall be conclusive evidence of such good faith.

      5.3 The Escrow Agent shall not be liable in any respect on account of the
identity, authorities or rights of the parties executing or delivering or
purporting to execute or deliver this Agreement or any documents or papers
deposited or called for hereunder.

                                       9
<PAGE>

      5.4 If the Escrow Agent reasonably requires other or further instruments
in connection with the instructions contained in this Agreement, the necessary
parties hereto shall join in furnishing such instruments.

      5.5 The responsibilities of the Escrow Agent hereunder shall terminate if
the Escrow Agent ceases to be an officer or agent of the Company or any of its
Subsidiaries or if the Escrow Agent resigns by written notice to the Company.
Upon such termination, the Company shall appoint a successor Escrow Agent. If at
the time of such termination, the Escrow Agent has in its possession any
documents, securities or other property belonging to, and then deliverable to
Management Stockholder, it shall deliver all of the same to Management
Stockholder and shall be discharged of all further obligations under this
Agreement.

      5.6 In the event of any dispute with respect to the delivery and/or
ownership or right of possession of the Common Units or Class C Preferred Units
held by the Escrow Agent hereunder, the Company and Management Stockholder
authorize and direct the Escrow Agent to retain in its possession without
liability to anyone all or any part of such Common Units or Class C Preferred
Units until settlement of such disputes by mutual written agreement of the
parties concerned or by a final order, decree or judgment of a court of
competent jurisdiction after the time for appeal has expired and no appeal has
been perfected, but the Escrow Agent shall be under no duty to institute or
defend any such proceedings.

      5.7 The Escrow Agent shall be entitled to employ such legal counsel as it
deems reasonably necessary with respect to the obligations of the Escrow Agent
hereunder, and may rely upon the advice of such counsel.

      5.8 The Escrow Agent shall not be liable for the outlawing of any rights
under the statute of limitations with respect to the escrow instructions
contained herein.

      5.9 Notwithstanding any permitted Transfer of Restricted Securities, (i)
no Restricted Securities shall be released by the Escrow Agent under this
Section 5 until such time that all of Management Stockholder's obligations under
the Amended CLC Security Agreement are satisfied in full and (ii) no such
Transfer shall release Management Stockholder from, or modify or alter in any
manner any obligation of Management Stockholder under, the Amended CLC
Promissory Note.

      Section 6. Definitions. For the purposes of this Agreement, the following
terms have the meanings set forth below:

      "Agreement" has the meaning set forth in the preamble hereto.

      "Amended CLC Promissory Note" has the meaning set forth in the eleventh
recital paragraph hereto.

      "Amended CLC Security Agreement" has the meaning set forth in the
thirteenth recital paragraph hereto.

      "Amended EPP Documents" has the meaning set forth in the thirteenth
recital paragraph hereto.

                                       10
<PAGE>

      "Appliance Warehouse" has the meaning set forth in the third recital
paragraph hereto.

      "AWA Common Stock" has the meaning set forth in the fourteenth recital
paragraph hereto.

      "AWA Common Stock Dividend" has the meaning set forth in the fourteenth
recital paragraph hereto.

      "Class C Preferred Units" means Units having the rights and obligations of
Class C Preferred Units set forth in the LLC Agreement.

      "CLC Common Stock" has the meaning set forth in the sixth recital
paragraph hereto.

      "CLC Equity Participation Program" has the meaning set forth in the sixth
recital paragraph hereto.

      "CLC Equity Purchase Agreement" has the meaning set forth in the sixth
recital paragraph hereto.

      "CLC Preferred Stock" has the meaning set forth in the fifth recital
paragraph hereto.

      "CLC Promissory Note" has the meaning set forth in the tenth recital
paragraph hereto.

      "CLC Security Agreement" has the meaning set forth in the twelfth recital
paragraph hereto.

      "CLC Stock Assignment" has the meaning set forth in the eighth recital
paragraph hereto.

      "Closing" has the meaning set forth in Section 1.5 hereto.

      "Closing Date" means March 6, 2003, or such other date as an officer of
the Company or any of its Subsidiaries shall determine.

      "Code" means the United States Internal Revenue Code of 1986, as amended,
and any successor statute.

      "Coinmach Corporation" has the meaning set forth in the second recital
hereto.

      "Coinmach Laundry" has the meaning set forth in the preamble hereto.

      "Coinmach Registration Agreement" means the Registration Agreement, by and
among CLC Acquisition Corporation, Kerrigan and each of the other parties
thereto, dated as of July 5, 2000.

      "Coinmach Stockholders Agreement" means the Stockholders Agreement, by and
among CLC Acquisition Corporation, Kerrigan and each of the other parties
thereto, dated as of July 5, 2000.

                                       11
<PAGE>

      "Common Units" means Units having the rights and obligations of Common
Units set forth in the LLC Agreement.

      "Company" has the meaning set forth in the preamble hereto.

      "Contributed Stock" has the meaning set forth in the last recital
paragraph hereto.

      "Dividend Payment Notice" has the meaning set forth in Section 2.5 hereto.

      "EPP Common Stock" has the meaning set forth in the sixth recital
paragraph hereto.

      "Escrow Agent" means Robert M. Doyle or such other executive officer or
agent of the Company or any of its Subsidiaries as determined by the Company
from time to time.

      "Exchange Act" means the Securities Exchange Act of 1934, as amended.

      "Instrument of Transfer" has the meaning set forth in the ninth recital
paragraph hereto.

      "Kerrigan" has the meaning set forth in the preamble hereto.

      "LLC Agreement" means the Limited Liability Company Agreement, by and
among the Company and its members, dated as of the Closing Date.

      "LLC Registration Agreement" has the meaning set forth in Section 2.2
hereto.

      "LLC Securityholders Agreement" has the meaning set forth in Section 2.3
hereto.

      "Management Stockholder" has the meaning set forth in the preamble hereto.

      "Management Stock Contribution" has the meaning set forth in Section 1.2
hereto.

      "Non-EPP Common Stock" has the meaning set forth in the fourth recital
paragraph hereto.

      "Person" means an individual, a partnership, a limited liability company,
a corporation, an association, a joint share company, a trust, a joint venture,
an unincorporated organization and a governmental entity or any department,
agency or political subdivision thereof.

      "Restricted Securities" means (i) the Common Units issued hereunder, (ii)
the Class C Preferred Units issued hereunder, and (iii) any securities issued
with respect to the securities referred to in clause (i) or clause (ii) above by
way of a dividend, split, distribution, conversion or in connection with a
combination of securities, or any recapitalization, merger, consolidation or
other reorganization.

      "Securities Act" means the Securities Act of 1933, as amended, or any
similar federal law then in force.

                                       12
<PAGE>

      "Senior Management Agreement" means that certain agreement, dated as of
the Closing Date, by and among Kerrigan, the Company, Management Stockholder and
Coinmach Corporation.

      "Spouse" has the meaning set forth in Section 3.15 hereto.

      "Transaction Documents" has the meaning set forth in Section 4.2 hereto.

      "Transfer" means to sell, assign, pledge, offer or otherwise dispose of
any interest in any Units.

      "Units" has the meaning set forth in the LLC Agreement.

      "Unvested Common Units" has the meaning set forth in Section 1.3 hereto.

      "Unvested Shares" has the meaning set forth in the CLC Equity Purchase
Agreement.

      "Vested Common Units" has the meaning set forth in Section 1.3 hereto.

      "Vested Shares" has the meaning set forth in the CLC Equity Purchase
Agreement.

      Section 7. Miscellaneous.

      7.1 Survival of Representations and Warranties. All of the representations
and warranties set forth in this Agreement or in any writing delivered by the
Company or Management Stockholder in connection with this Agreement shall
survive the execution and delivery of this Agreement and the consummation of the
transactions contemplated hereby (regardless of any investigation, inquiry or
examination made by or on behalf of or any knowledge of any party or on its
behalf or the acceptance by any party of a certificate or opinion).

      7.2 Termination of Existing Agreements. Management Stockholder and
Coinmach Laundry hereby agree and acknowledge that, effective as of the Closing
Date, the CLC Equity Purchase Agreement is hereby terminated in its entirety and
shall be of no further force or effect. Kerrigan and Coinmach Laundry hereby
agree and acknowledge that, effective as of the Closing Date, the Coinmach
Stockholders Agreement and the Coinmach Registration Agreement are hereby
terminated in their entirety and shall be of no further force or effect.

      7.3 Remedies. Management Stockholder shall have all rights and remedies
set forth in this Agreement and all rights and remedies which Management
Stockholder has been granted at any time under any other agreement or contract
and all of the rights which Management Stockholder has under any law. Any Person
having any rights under any provision of this Agreement shall be entitled to
enforce such rights specifically (without posting a bond or other security), to
recover damages by reason of any breach of any provision of this Agreement and
to exercise all other rights granted by law.

      7.4 Consent to Amendments. Except as otherwise expressly provided herein,
the provisions of this Agreement may be amended and the Company may take any
action herein

                                       13
<PAGE>

prohibited, or omit to perform any act herein required to be performed by it,
only if the Company has obtained the written consent of Management Stockholder.
No other course of dealing between the Company and Management Stockholder or any
delay in exercising any rights hereunder shall operate as a waiver of any rights
of any such Person.

      7.5 Successors and Assigns. Except as otherwise expressly provided herein,
all covenants and agreements contained in this Agreement by or on behalf of
either of the parties hereto shall bind and inure to the benefit of the
respective permitted successors, assigns, heirs, executors and administrators of
the parties hereto whether so expressed or not; provided, however, that
Management Stockholder may not assign its rights hereunder without the prior
written consent of the Company.

      7.6 Severability. Whenever possible, each provision of this Agreement
shall be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement is held to be prohibited
by or invalid under applicable law, such provision shall be ineffective only to
the extent of such prohibition or invalidity, without invalidating the remainder
of this Agreement.

      7.7 Counterparts. This Agreement may be executed simultaneously in two or
more counterparts, any one of which need not contain the signatures of more than
one party, but all such counterparts taken together shall constitute one and the
same Agreement.

      7.8 Descriptive Headings; Interpretation. The descriptive headings of this
Agreement are inserted for convenience only and do not constitute a Section of
this Agreement. The use of the word "including" in this Agreement shall be by
way of example rather than by limitation.

      7.9 Further Assurances. Management Stockholder will execute and deliver
such further instruments of conveyance and transfer and take such additional
action as the Company may reasonably request to effect, consummate, confirm or
evidence the transfer to the Company of the Contributed Stock and any other
transactions contemplated hereby.

      7.10 Governing Law. The Delaware Limited Liability Company Act shall
govern all issues concerning the relative rights of the Company and the holders
of its Common Units and Class C Preferred Units. All other questions concerning
the construction, validity and interpretation of this Agreement and the exhibits
and schedules hereto shall be governed by and construed in accordance with the
internal laws of the State of Delaware, without giving effect to any choice of
law or conflict of law provision or rule (whether of the State of Delaware or
any other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of Delaware.

      7.11 Entire Agreement; Amendment. This Agreement between the Company and
Management Stockholder constitutes the full and entire understanding and
agreement between the parties with regard to the subject matter hereof and
thereof, and no party will be liable or bound to any other party in any manner
by any warranties, representations or covenants except as specifically set forth
herein. Except as expressly provided herein, neither this Agreement nor any term
hereof may be amended, waived, discharged or terminated other than by a written

                                       14
<PAGE>

instrument signed by the party against whom enforcement of any such amendment,
waiver, discharge or termination is sought.

      7.12 Broker's Fees. Each party hereto represents and warrants that no
agent, broker, investment banker, person or firm acting on behalf of or under
the authority of such party hereto is or will be entitled to any broker's or
finder's fee or any other commission directly or indirectly in connection with
the transactions contemplated herein. Each party hereto further agrees to
indemnify each other party for any claims, losses or expenses incurred by such
other party as a result of the representation of this section being untrue.

      7.13 Notices. All notices, demands or other communications to be given or
delivered under or by reason of the provisions of this Agreement shall be in
writing and shall be deemed to have been given when delivered personally to the
recipient, sent to the recipient by reputable express courier service (charges
prepaid) or mailed to the recipient by certified or registered mail, return
receipt requested and postage prepaid. Such notices, demands and other
communications shall be sent to Management Stockholder and Kerrigan at their
respective addresses set forth on the signature page hereto and to the Company
at the address indicated below:

           Coinmach Holdings, LLC
           c/o Coinmach Laundry Corporation
           521 East Morehead Street
           Suite 590
           Charlotte, NC 28202
           Attention: Stephen R. Kerrigan

           with copies, which will not constitute notice to the Company, to:

           GTCR-CLC, LLC
           c/o GTCR Golder Rauner, L.L.C.
           Sears Tower
           Chicago, IL 60606-6402
           Attention: David A. Donnini

           Kirkland & Ellis
           200 East Randolph Drive
           Chicago, IL 60601
           Attention: Stephen L. Ritchie, P.C.

           Mayer, Brown, Rowe & Maw
           1675 Broadway
           New York, NY 10019
           Attention: Ronald S. Brody

or to such other address or to the attention of such other person as the
recipient party has specified by prior written notice to the sending party.

                                    * * * * *

                                       15
<PAGE>

      IN WITNESS WHEREOF, the parties hereto have executed this Contribution
Agreement on the date first written above.

                                     COINMACH HOLDINGS, LLC

                                     By: /s/ Robert M. Doyle
                                         ---------------------------------
                                         Name: Robert M. Doyle
                                         Title: Chief Financial Officer

                                     MANAGEMENT STOCKHOLDER:

                                     MCS CAPITAL, INC.

                                     By: /s/ Stephen R. Kerrigan
                                     ---------------------------------
                                     Name: Stephen R. Kerrigan
                                     Title: President

                                     Address:
                                     521 East Morehead Street
                                     Suite 590
                                     Charlotte, NC 28202

                                     For purposes of Sections 3.15 and 7.2 only:

                                     /s/ Stephen R. Kerrigan
                                     -----------------------------------
                                     Stephen R. Kerrigan

                                     Address:
                                     7300 Governors Hill Lane
                                     Charlotte, NC 28211

                                     For purposes of Section 7.2 only:

                                     COINMACH LAUNDRY CORPORATION

                                     By: /s/ Robert M. Doyle
                                         -----------------------------------
                                         Name: Robert M. Doyle
                                         Title: Chief Financial Officer

ESCROW AGENT:

/S/ Robert M. Doyle
-------------------------------
Name: Robert M. Doyle
Title: Secretary

<PAGE>

                                                                      Schedule A

      Management Stockholder Schedule of Contributed Stock Exchanged For Units

        Contributed Stock                                Units
        -----------------                                -----
8,320,914 shares of CLC Common Stock            8,320,914 Common Units
497.819929 shares of AWA Common Stock

3,403.36 shares of CLC Preferred Stock          3,403.36 Class C Preferred Units

<PAGE>

                                                                       Exhibit A

                         Form of Dividend Payment Notice

                                   [                        __], 2003

Coinmach Holdings, LLC
c/o Coinmach Laundry Corporation
521 East Morehead Street
Suite 590
Charlotte, NC 28202
Attn: Stephen R. Kerrigan

            Re:   Dividend Payment Notice authorizing Coinmach Laundry
                  Corporation to pay to Coinmach Holdings all of the AWA Common
                  Stock beneficially owned by Management Stockholder pursuant to
                  the AWA Common Stock Dividend

Ladies and Gentlemen:

      Pursuant to Section 2.5 of that certain Contribution Agreement, dated as
of the date hereof (the "Contribution Agreement"), by and between the
undersigned (the "Management Stockholder"), and Coinmach Holdings, LLC, a
Delaware limited liability company ("Coinmach Holdings"), Management Stockholder
hereby directs and authorizes Coinmach Laundry Corporation, a Delaware
corporation, to pay to Coinmach Holdings all of the AWA Common Stock to which
Management Stockholder is entitled pursuant to the AWA Common Stock Dividend on
the Closing Date. All capitalized terms used herein and not otherwise defined
herein shall have the meanings ascribed to such terms in the Contribution
Agreement.

      Management Stockholder has caused this Dividend Payment Notice to be
executed and delivered as of the date first above written.

                            [Management Stockholder]

                         _____________________________

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