Document:

EX-10.1.11

Exhibit 10.1.11

	 	 	 
	

	 	Craig Werbicki, Senior Manager

Diversified Group

9th Floor Bankers Hall East

855 – 2nd Street S.W.

Calgary, Alberta.T2P 2P2
	August 15, 2008
	 	 
	 

	 	Telephone: (403)221-5355

Facsimile:  (403)221-5779

Ceramic
Protection Corporation

590 Sawgrass Corporate Parkway

Sunrise, FL, USA

33325

			
	Re:	 	Credit Agreement dated September 21, 2004 between Ceramic Protection Corporation (the
“Borrower”) and Canadian Imperial Bank of Commerce (“CIBC”), as amended by the First
Amending Agreement dated May 25, 2006, the Second Amending Agreement dated March 8, 2007,
the Third Amending Agreement dated September 12, 2007, the Fourth Amending Agreement
dated November 14, 2007, the Fifth Amending Agreement dated January 4, 2008, the Sixth
Amending Agreement dated April 11, 2008, the Seventh Amending Agreement dated June 30,
2008, the extension of deliveries letter dated July 16, 2008, the Eighth Amending
Agreement dated July 31, 2008 and the extension of deliveries letter dated August 8, 2008
(as amended, the “Credit Agreement”)

Dear Sirs:

CIBC, as Agent under the Credit Agreement, hereby offers to the Borrower to extend certain
deliveries as required in Section 16 of the  Credit Agreement. In furtherance of the foregoing, the
Credit Agreement will be amended by deleting reference to the date “August 15, 2008” in Section
16.1(s) and replacing with “August 22, 2008”.

Kindly provide your acceptance of this offer by signing this letter where indicated and either
faxing or emailing us a signed copy at your earliest convenience, but in any event no later than
the close of business on August 18, 2008.

If you require further information, please do not hesitate to contact the writer.

Regards,

CANADIAN IMPERIAL BANK OF COMMERCE, as Agent

	 	 	 	 	 
	 	 	 
	 	/s/ Craig Werbicki
 	 
	 	Craig Werbicki 	 
	 	Authorized Signatory 	 

 

 

	 	 	 	 	 

Accepted effective the 15th day of August, 2008

CERAMIC PROTECTION

CORPORATION

	 	 	 	 	 
	Per:

	 	/s/ Stephen Giordanella
	 	 
	 

	 	 	 	 
	Name:

	 	Stephen Giordanella	 	 
	Title:

	 	Chief Executive Officer	 	 

	 	 	 	 	 
	Per:

	 	/s/ Larry Moeller
	 	 
	 

	 	 	 	 
	Name:

	 	Larry Moeller	 	 
	Title:

	 	Chairman of the Board	 	 

Acknowledged and consented to effective the 15th

 day of August, 2008

	 	 	 	 	 	 	 	 	 
	CERAMIC PROTECTION	 	CPC HOLDING CORPORATION OF	 	 
	CORPORATION OF AMERICA	 	AMERICA	 	 
	 
	 	 	 	 	 	 	 	 
	Per:

	 	/s/ Stephen Giordanella
	 	Per:
	 	/s/ Stephen Giordanella	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Stephen Giordanella
	 	Name:
	 	Stephen Giordanella	 	 
	Title:

	 	Chief Executive Officer
	 	Title:
	 	Chief Executive Officer	 	 
	 
	 	 	 	 	 	 	 	 
	Per:

	 	/s/ Larry Moeller
	 	Per:
	 	/s/ Larry Moeller	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	 	 	Name:
	 	 	 	 
	Title:

	 	 	 	Title:
	 	 	 	 

PROTECTIVE PRODUCTS

INTERNATIONAL CORP.

	 	 	 	 	 
	Per:

	 	/s/ Stephen Giordanella
	 	 
	 

	 	 	 	 
	Name:

	 	Stephen Giordanella	 	 
	Title:

	 	Chief Executive Officer	 	 
	 
	 	 	 	 
	Per:

	 	/s/ Larry Moeller	 	 
	 

	 	 	 	 
	Name:

	 	 	 	 
	Title:EX-10.1.12

Exhibit
10.1.12

CIBC

Commercial Banking

August 25, 2008

Ceramic Protection Corporation

Attention: Jason Williams, Chief Financial Officer

1649 Northwest 136th Avenue

Sunrise, Florida

33323

			
	Re:	 	Credit Agreement dated September 21, 2004 between Ceramic Protection Corporation (the
“Borrower”) and Canadian Imperial Bank of Commerce (“CIBC”), as amended by the First Amending
Agreement dated May 25, 2006, the Second Amending Agreement dated March 8, 2007, the Third
Amending Agreement dated September 12, 2007, the Fourth Amending Agreement dated November 14,
2007, the Fifth Amending Agreement dated January 4, 2008, the Sixth Amending Agreement dated
April 11, 2008, the Seventh Amending Agreement dated June 30, 2008, the extension of
deliveries letter dated July 16, 2008, the Eighth Amending Agreement dated July 31, 2008, the
extension of deliveries letter dated August 8, 2008 and the extension of deliveries letter
August 15, 2008 (as amended, the “Credit Agreement”)

Dear Sirs:

CIBC, as Agent under the Credit Agreement, hereby offers to the Borrower to extend certain
deliveries as required in Section 16 of the Credit Agreement. In furtherance of the foregoing, the
Credit Agreement will be amended by deleting reference to the date “August 22, 2008” in Section
16.1(s) and replacing with “August 29, 2008”.

In addition to the foregoing, CIBC acknowledges receipt of the final inventory appraisal report
prepared by GAG.

Kindly provide your acceptance of this offer by signing this letter where indicated and either
faxing or emailing us a signed copy at your earliest convenience, but in any event no later than
the close of business on August 25, 2008.

If you require further information, please do not hesitate to contact the writer.

Regards,

 

 

CANADIAN IMPERIAL BANK OF COMMERCE, as Agent

	 	 	 	 	 
	Per:

	 	/s/ Ian MacInnis
	 	 
	 

	 	 	 	 
	Name:

	 	Ian MacInnis	 	 
	Title:

	 	Authorized Signatory	 	 
	 
	 	 	 	 
	Per: 

Name:

	 	/s/ James Uson
 

James Uson
	 	 
	Title:

	 	Authorized Signatory	 	 

     Accepted effective the 25th day of August, 2008     

	 	 	 	 	 
	CERAMIC PROTECTION

CORPORATION	 	 
	 
	 	 	 	 
	Per: 

Name:

	 	/s/ Stephen Giordanella
 

Stephen Giordanella
	 	 
	Title:

	 	Director	 	 
	 
	 	 	 	 
	Per: 

Name:

	 	/s/ Larry Moeller
 

Larry Moeller
	 	 
	Title:

	 	Director	 	 

Acknowledged and consented to effective the 25th day of August, 2008

	 	 	 	 	 	 	 	 	 
	CERAMIC PROTECTION

CORPORATION OF AMERICA	 	CPC HOLDING CORPORATION OF
AMERICA	 	 
	 
	 	 	 	 	 	 	 	 
	Per: 

Name:

	 	/s/ Stephen Giordanella
 

Stephen Giordanella
	 	Per:

Name:
	 	/s/ Stephen Giordanella
 

Stephen Giordanella
	 	 
	Title:

	 	Director
	 	Title:
	 	Director	 	 
	 
	 	 	 	 	 	 	 	 
	Per: 

Name:

	 	/s/ Larry Moeller
 

Larry Moeller
	 	Per:

Name:
	 	/s/ Larry Moeller
 

Larry Moeller
	 	 
	Title:

	 	Director
	 	Title:
	 	Director	 	 

2

 

	 	 	 	 	 
	PROTECTIVE PRODUCTS
INTERNATIONAL CORP.	 	 
	 
	 	 	 	 
	Per: 

Name:

	 	/s/ Stephen Giordanella
 

Stephen Giordanella
	 	 
	Title:

	 	Director	 	 
	 
	 	 	 	 
	Per: 

Name:

	 	/s/ Larry Moeller
 

Larry Moeller
	 	 
	Title:

	 	Director	 	 

3EX-10.1.13

Exhibit 10.1.13

	 	 	 
	

	 	9th Floor
Bunkers Hall East

855-2nd Street SW

Calgary, AB, T2P2P2

September 30, 2008

Protective Products of America, Inc.

1649 Northwest 136th Avenue

Sunrise, Florida

33323

	Re: 	 	 Credit Agreement dated September 21, 2004 between Ceramic Protection Corporation (now
Protective Products of America, Inc., the “Borrower”) and Canadian Imperial Bank of Commerce
(“CIBC”), as amended by the First Amending Agreement dated May 25, 2006, the Second Amending
Agreement dated March 8, 2007, the Third Amending Agreement, dated September, 12, 2007, the Fourth
Amending Agreement dated November 14, 2007, the Fifth Amending Agreement dated January 4, 2008,
the Sixth Amending Agreement dated April 11, 2008, the Seventh Amending Agreement dated June
30, 2008, the extension of deliveries letter dated July 16, 2008, the Eighth Amending Agreement
dated July 31, 2008, the extension of deliveries letter dated August 8,2008 the extension of
deliveries letter dated August 15, 2008 and the extension of deliveries letter dated August
25, 2008 (as amended, the “Credit Agreement”).

Dear Sirs:

CIBC, as Agent under the Credit Agreement, hereby offers to the Borrower to amend certain Sections
of the Credit Agreement. In furtherance of the foregoing, the Credit Agreement will be amended
by:

	1.	 	Effective as of August 29, 2008, deleting each of the references to “August 29, 2008” in
Section 16.1(s) of the Credit Agreement and replacing them with “October 17, 2008”,
	 
	2.	 	Effective as of September 30, 2008;

	 	(a)	 	Deleting the reference to “Cdn. $15,000,000” in the definition of “Revolving
Loan Commitment Amount” in Schedule A to the Credit Agreement and replacing it with
“Cdn. $13,000,000”.
	 
	 	(b)	 	Deleting the table under the heading “Extendible Revolving Loan” in Schedule
B to the Credit Agreement in its entirety and replacing it with the following:

Ian MacInnis, Senior Director and Team
Lead Diversified Services

| ( 403 221 5336 | 403 221 5779 | Ian.MacInnis@cibc.com

 

 

	 	 	 
	LENDER

	 	INDIVIDUAL REVOLVING LOAN

COMMITMENT AMOUNT
	Canadian Imperial Bank of Commerce

	 	Cdn. $13,000,000

Kindly provide your acceptance of this offer by signing this letter where indicated and either
faxing or emailing us a signed copy at your earliest convenience, but in any event no later than
the close of business on September 30, 2008.

If you require  further information, please do not hesitate to contact the writer,

Regards,

	 	 	 	 	 
	CANADIAN IMPERIAL BANK OF COMMERCE, as Agent
	 	 	 	 
	 
	/s/ Ian MacInnis
	 	 	 	 
	 	 	 	 	 
	Accepted effective the 30th day of September, 2008
	 	 	 	 

	 	 	 	 	 
	 	PROTECTIVE PRODUCTS OF AMERICA, INC.

 	 
	 

	 	Per:	/s/ Stephen Giordanella
 	 
	 	Name:  	Stephen Giordanella 	 
	 	Title:  	Chief Executive officer 	 
	 
	 	 	 
	 	Per:	/s/ Larry Moeller
 	 
	 	Name:  	 	 
	 	Title:  	 	 

 

 

	 	 	 	 	 

Acknowledged and consented to effective the 30th day of September, 2008

	 	 	 	 	 	 	 	 	 	 	 
	CERAMIC PROTECTION CORPORATION OF 

AMERICA	 	 	 	CPC HOLDING CORPORATION OF AMERICA	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Per: 

Name:

	 	/s/ Stephen Giordanella
 

Stephen Giordanella
	 	 
	 	Per:

Name:
	 	/s/ Stephen Giordanella
 

Stephen Giordanella
	 	 
	Title:

	 	Chief Executive Officer
	 	 	 	Title:
	 	Chief Executive Officer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Per: 

Name:

	 	/s/ Larry Moeller
 

 
	 	 
	 	Per:

Name:
	 	/s/ Larry Moeller
 

 
	 	 
	Title:

	 	 
	 	 	 	Title:
	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	PROTECTIVE PRODUCTS INTERNATIONAL CORP.	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Per: 

Name:

	 	/s/ Stephen Giordanella
 

Stephen Giordanella
	 	 	 	 	 	 	 	 
	Title:

	 	Chief Executive Officer	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Per: 

Name:

	 	/s/ Larry Moeller
 

 

	Title:

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