Document:

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                                                                    Exhibit 10.1

                               PURCHASE AGREEMENT

      THIS PURCHASE AGREEMENT, dated as of November 24, 2003 (this "Agreement"),
is made and entered into by and among Coeur d'Alene Mines Corporation, an Idaho
corporation (the "Company"), and each of the other persons signatory hereto as
set forth on the signature pages hereof (collectively, the "Purchasers" and
each, a "Purchaser").

                                    RECITALS

      WHEREAS, the Company has filed with the Securities and Exchange Commission
(the "SEC") a Registration Statement on Form S-3 (No. 333-101434) (as
supplemented, amended and otherwise updated through the date hereof and from
time to time thereafter, the "Registration Statement") registering under the
Securities Act of 1933, as amended (the "Securities Act"), the offer and sale of
certain securities of the Company;

      WHEREAS, the Company and each Purchaser desire, on the terms and
conditions set forth herein, that each Purchaser shall purchase a number of
shares (the "Shares") of the Company's common stock, par value $1.00 (the
"Common Stock"); and

      WHEREAS, the Company has prepared a prospectus supplement, describing the
offering and sale of the Shares (the "Supplement") to the prospectus that was
filed as part of the Registration Statement (the "Base Prospectus").

                                    AGREEMENT

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

      SECTION 1. PURCHASE OF THE SHARES FOR CASH

      1.1 Purchase of the Shares. Subject to the terms and conditions hereof,
each Purchaser agrees severally and not jointly to purchase at the Closing (as
defined below) and the Company agrees to sell and issue to each Purchaser at the
Closing the number of Shares as set forth opposite such Purchaser's name on the
signatures pages hereof. In consideration for the issuance of such Shares, each
Purchaser shall pay to the Company at the Closing the dollar amount set forth
opposite such Purchaser's name on the signatures pages hereof, which represents
a price of $4.2826 per share of Common Stock.

      1.2 Supplemental Filing and Delivery. Concurrently herewith, the Company
has delivered to each Purchaser the Supplement together with the Base Prospectus
(together, the "Prospectus"). The Company, within the time period required by
Rule 424 promulgated under the Securities Act, will file the Prospectus with the
SEC.

      SECTION 2. CLOSING.

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      2.1 Closing. Upon satisfaction of the conditions set forth in Sections 6.1
and 6.2, the closing of the transactions for the Shares contemplated hereby
shall take place at the offices of Gibson, Dunn & Crutcher LLP, 333 South Grand
Avenue, Los Angeles, CA 90071, on November __, 2003 (the "Closing Date"), or at
such other time and place as the parties may agree (the "Closing").

      2.2 Delivery at the Closing. Deliveries of certificates for the Shares
shall be made at the Closing and payment of the purchase price for the Shares
shall be made by the Purchasers via wire transfer of immediately available funds
contemporaneous with the Closing to the Company at Bank of America, Coeur
d'Alene, Idaho, ABA #125000024, Account #67520304, Beneficiary: Coeur d'Alene
Mines Corporation, Reference: Share Proceeds.

      SECTION 3. REPRESENTATIONS AND WARRANTIES OF THE COMPANY. The Company
represents and warrants to the Purchasers, as of the date hereof and as of the
Closing Date, except as set forth in any reports required to be filed by it with
the SEC under the Exchange Act (as defined below), including pursuant to Section
13(a) or 15(d) thereof (the foregoing materials being collectively referred to
herein as the "SEC Reports"), as follows:

      3.1 SEC Reports. The Company has timely filed all required SEC Reports
since January 1, 2000. As of their respective filing dates, the SEC Reports
complied in all material respects with the requirements of the Securities Act
and the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and
the rules and regulations of the SEC promulgated thereunder applicable to such
SEC Reports. None of the SEC Reports as of their respective dates contained any
untrue statement of a material fact or omitted to state a material fact required
to be stated therein or necessary in order to make the statements therein, in
light of the circumstances under which they were made, not misleading (except to
the extent corrected by a subsequently filed SEC Report).

      3.2 Financial Statements. Except as set forth in the Registration
Statement, the financial statements of the Company included in the SEC Reports
(including the related notes and supporting schedules) (a) complied as of their
respective dates of filing with the SEC in all material respects with applicable
accounting requirements and the published rules and regulations of the SEC with
respect thereto, (b) have been prepared (i) in accordance with generally
accepted accounting principles ("GAAP") (except, in the case of unaudited
statements, as permitted by Regulation S-X promulgated by the SEC), (ii) on a
consistent basis for all periods presented (except as may be indicated in the
notes thereto), and (iii) in accordance with the books and records of the
Company, (c) are complete and correct in all material respects, and (d) fairly
present in all material respects the financial condition of the Company as at
said dates, and the results of operations and cash flows for the periods stated
(subject, in the case of unaudited statements, to normal year-end audit
adjustments, which are consistent in magnitude and scope with audit adjustments
made in prior audited periods included in the SEC Reports).

      3.3 No Material Adverse Change in Business. Since September 30, 2003,
except as otherwise stated in the SEC Reports or as contemplated therein, there
has not been (A) any material adverse change in the condition, financial or
otherwise, or in the revenues, earnings, business or affairs of the Company and
its subsidiaries considered as a whole, whether or not arising in the ordinary
course of business (a "Material Adverse Effect"), (B) any transaction

Exhibit 10                             2
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entered into by the Company or any of its subsidiaries, other than in the
ordinary course of business, that is material to the Company and its
subsidiaries considered as a whole, or (C) any dividend or distribution of any
kind declared, paid or made by the Company on any class or series of its capital
stock other than regular quarterly dividends on the Company's Common Stock.

      3.4 Due Incorporation and Good Standing of the Company. The Company has
been duly organized and is validly existing as a corporation in good standing
under the laws of the State of Idaho, with all requisite power and authority
under such laws to own, lease and operate its properties, to conduct its
business as now being conducted and to enter into and perform its obligations
under this Agreement; the Company is duly qualified or registered as a foreign
corporation and is in good standing in each jurisdiction in which such
qualification or registration is required, whether by reason of the ownership or
leasing of properties or the conduct of business, except where the failure to so
qualify or register would not have a Material Adverse Effect.

      3.5 Due Organization and Good Standing of Significant Subsidiaries. Each
subsidiary of the Company that is a "significant subsidiary" (as defined in
Section 1-02 of Regulation S-X, a "Significant Subsidiary") has been duly
organized and is validly existing as a corporation, limited partnership, limited
liability company or other entity, as the case may be, in good standing under
the laws of its jurisdiction of organization (to the extent the "good standing"
concept is applicable in the case of any jurisdiction outside the United
States), with all requisite power and authority to own, lease and operate its
properties and to conduct its business as being conducted; and each Significant
Subsidiary is duly qualified or registered as a foreign corporation, limited
partnership or limited liability company or other entity, as the case may be, to
transact business and is in good standing in each jurisdiction in which such
qualification or registration is required (to the extent the "good standing"
concept is applicable in the case of any jurisdiction outside the United
States), whether by reason of the ownership or leasing of properties or the
conduct of business, except where the failure to so qualify or register would
not have a Material Adverse Effect.

      3.6 Capital Stock Duly Authorized and Validly Issued. All of the issued
and outstanding capital stock of the Company has been duly authorized and
validly issued and is fully paid and nonassessable; all of the issued and
outstanding capital stock or other equity interests of each Significant
Subsidiary of the Company has been duly authorized and validly issued, is fully
paid and nonassessable and is owned by the Company, directly or through
subsidiaries (except for directors' qualifying shares), free and clear of any
security interest, mortgage, pledge, lien, encumbrance, claim or equitable right
(collectively, "Liens"); and none of the issued and outstanding capital stock or
other equity interests of the Company or any of its Significant Subsidiaries was
issued in violation of any preemptive or similar rights arising by operation of
law, under the charter, bylaws or other organizational documents of the Company
or any of its subsidiaries or under any agreement to which the Company or any of
its subsidiaries is a party.

      3.7 Capitalization. The authorized, issued and outstanding capital stock
and long-term indebtedness of the Company is as set forth in Schedule 3.7
attached hereto, as of the dates set forth on such schedule; and there has not
been (A) any subsequent issuance of capital stock of

Exhibit 10                             3
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the Company, except for subsequent issuances, if any, pursuant to any
outstanding securities or benefit or compensation plans described in the SEC
Reports or (B) any subsequent increase exceeding five percent of the amount
shown under the heading "Other long-term liabilities", if any, in the
outstanding principal amount of other long-term liabilities, except as otherwise
disclosed in the SEC Reports.

      3.8 Authorization of Agreements. This Agreement has been duly authorized,
executed and delivered by the Company and constitutes a valid and legally
binding agreement of the Company, enforceable against the Company in accordance
with its terms, except as enforcement is limited by bankruptcy, insolvency,
reorganization, moratorium, fraudulent transfer or conveyance or other similar
laws now or hereafter in effect relating to creditors' rights generally or by
general principles of equity (regardless of whether enforceability is considered
in a proceeding at law or in equity) (collectively, the "Enforceability
Exceptions").

      3.9 Not an Investment Company. The Company and each of its subsidiaries
has conducted, and as of the date hereof intends in the future to conduct, its
affairs in such a manner as to ensure that it is not and will not become an
"investment company" or a company "controlled" by an "investment company" within
the meaning of the Investment Company Act of 1940, as amended (the "1940 Act"),
and the Rules and Regulations thereunder.

      3.10 Absence of Defaults and Conflicts. Neither the Company nor any of its
Significant Subsidiaries is in violation of its charter, bylaws or other
organizational documents, as the case may be; none of the other subsidiaries of
the Company are in violation of their respective charter, bylaws or other
organizational documents, as the case may be, in any material respect; neither
the Company nor any of its subsidiaries is in default in the performance or
observance of any obligation, agreement, covenant or condition contained in any
contract, indenture, mortgage, deed of trust, loan or credit agreement, note,
lease or other agreement or instrument to which it is a party or by which it or
any of them may be bound or to which any of their respective properties or
assets is subject (collectively, "Agreements and Instruments"), except for such
defaults under Agreements and Instruments that would not result in a Material
Adverse Effect; and the execution, delivery and performance of this Agreement,
the issuance, sale and delivery of the Shares, the consummation of the
transactions contemplated by this Agreement and compliance by the Company with
the terms of this Agreement, have been duly authorized by all necessary
corporate action on the part of the Company and do not and will not, whether
with or without the giving of notice or passage of time or both, violate,
conflict with or constitute a breach of, or default under, or result in the
creation or imposition of any Lien upon any properties or assets of the Company
or any of its subsidiaries pursuant to, any Agreements and Instruments, except
for such conflicts, breaches, defaults or Liens that, singularly or in the
aggregate, would not result in a Material Adverse Effect and that would not (i)
jeopardize the Company's ability to consummate the transactions contemplated by
this Agreement or (ii) impair or adversely affect the enforceability of this
Agreement against the Company, nor will any of the foregoing result in any
violation of the provisions of the charter, bylaws or other organizational
documents of the Company or any of its subsidiaries or any violation by the
Company or any of its subsidiaries of any applicable laws, statutes, rules,
regulations, judgments, orders, writs or decrees of any government, governmental
authority, agency or instrumentality or court (collectively, "Governmental
Entities").

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      3.11 Absence of Labor Dispute. Except as set forth on Schedule 3.11, no
labor dispute with the employees of the Company or any subsidiary exists or, to
the knowledge of the Company, has been threatened, and the Company has not
received written notice of any existing or threatened labor disturbance by the
employees of any of its or any subsidiary's principal suppliers, manufacturers,
customers or contractors, which, in either case, may reasonably be expected to
result in a Material Adverse Effect.

      3.12 Absence of Proceedings. There is no action, suit, proceeding, inquiry
or investigation before or brought by any Governmental Entity, now pending, or,
to the knowledge of the Company, threatened, against the Company or any of its
subsidiaries, which is not disclosed in the SEC Reports and which would
reasonably be expected to result in a Material Adverse Effect, or which could
materially and adversely affect the consummation of the transactions
contemplated by this Agreement or the performance by the Company of its
obligations hereunder, and the aggregate of all pending legal or governmental
proceedings to which the Company or any of its subsidiaries is a party or of
which any of their respective properties or assets is the subject which are not
described in the SEC Reports, including ordinary routine litigation incidental
to the business, would not reasonably be expected to result in a Material
Adverse Effect.

      3.13 Absence of Further Requirements. No filing with, or authorization,
approval, consent, license, order, registration, qualification or decree of, any
Governmental Entity is necessary or required for the execution, delivery or
performance by the Company of its obligations under this Agreement, or the
consummation by the Company of the transactions contemplated by this Agreement,
except as may be required under the securities laws of the various states and
foreign jurisdictions in which the Shares will be offered and sold.

      3.14 Possession of Licenses and Permits. Each of the Company and its
subsidiaries possesses such permits, licenses, approvals, consents and other
authorizations (collectively, "Governmental Licenses") issued by the appropriate
Governmental Entities necessary to conduct the business now conducted by them,
except where the failure to possess any such Governmental License would not
result in a Material Adverse Effect; each of the Company and its subsidiaries is
in compliance with the terms and conditions of all Governmental Licenses, except
where the failure so to comply would not, singly or in the aggregate, result in
a Material Adverse Effect; all Governmental Licenses are valid and in full force
and effect, except where the invalidity of Governmental Licenses or the failure
of Governmental Licenses to be in full force and effect would not result in a
Material Adverse Effect; and neither the Company nor any of its subsidiaries has
received any notice of proceedings relating to the revocation or modification of
any Governmental Licenses which would, singly or in the aggregate, result in a
Material Adverse Effect.

      3.15 Title to Property. Each of the Company and its subsidiaries has good
and marketable title to all of their respective real properties owned by them
and good title to their respective personal properties owned by them, in each
case free and clear of all Liens, except (i) as disclosed in the SEC Reports or
(ii) as does not have a Material Adverse Effect and does not interfere in any
material respect with the use made and proposed to be made of such property by
the Company and its subsidiaries considered as a whole; and all of the leases
and subleases material to the business of the Company and its subsidiaries
considered as a whole, and under

Exhibit 10                             5
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which the Company or any of its subsidiaries holds properties, are in full force
and effect and neither the Company nor any of its subsidiaries has any notice of
any claim of any sort that has been asserted by anyone adverse to the rights of
the Company or any of its subsidiaries under any of such leases or subleases, or
affecting or questioning the rights of such entity to the continued possession
of the leased or subleased premises under any such lease or sublease, except
where such claims would not reasonably be expected to result in a Material
Adverse Effect.

      3.16 Intellectual Property. Each of the Company and its subsidiaries owns
or possesses, or can acquire on reasonable terms, adequate patents, patent
rights, licenses, inventions, copyrights, know how (including trade secrets and
other unpatented and/or unpatentable proprietary or confidential information,
systems or procedures), trademarks, service marks, trade names or other
intellectual property (collectively, "Intellectual Property") presently employed
by them in connection with the business now operated by them or reasonably
necessary in order to conduct such business, except where the failure to own,
possess or acquire any such Intellectual Property would not reasonably be
expected to result in a Material Adverse Effect; and neither the Company nor any
of its subsidiaries has received any notice or is otherwise aware of any
infringement of or conflict with asserted rights of others with respect to any
Intellectual Property or of any facts or circumstances which would render any
Intellectual Property invalid or inadequate to protect the interest of the
Company or any of its subsidiaries therein, and which infringement or conflict
(if the subject of any unfavorable decision, ruling or finding) or invalidity or
inadequacy would, singly or in the aggregate, reasonably be expected to result
in a Material Adverse Effect.

      3.17 Registration Statement; Prospectus.

      (a) The Registration Statement was (i) prepared by the Company in
conformity with the requirements of the Securities Act and (ii) declared
effective by the Commission on May 2, 2003 and no post-effective amendment to
the Registration Statement has been filed as of the date of this Agreement. The
Registration Statement is effective on the date hereof and the Company has not
received notice that the Commission has issued or intends to issue a stop order
with respect to the Registration Statement or that the Commission otherwise has
suspended or withdrawn the effectiveness of the Registration Statement, either
temporarily or permanently, or intends or has threatened in writing to do so.
The Company has at all times relevant to the offering of the Shares contemplated
hereby complied with the conditions for the use of Form S-3 and is eligible to
use Form S-3. All issuances of the Shares to the Purchasers pursuant to this
Agreement are registered by the Registration Statement.

      (b) All disclosure provided to the Purchasers regarding the Company, its
business and the transactions contemplated hereby, including this Agreement and
the Schedules attached hereto, the Registration Statement and the Supplement,
furnished by or on behalf of the Company are true and correct and do not contain
any untrue statement of a material fact or omit to state any material fact
necessary in order to make the statements made therein, in light of the
circumstances under which they were made, not misleading.

      3.18 Ore Reserve Reports. All of the information provided by the Company
in connection with the preparation of its ore reserve reports was, at the time
provided, and

Exhibit 10                             6
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continues to be as of the date hereof, true and correct in all material
respects. Other than as described in the Prospectus, the Company believes that
all of the assumptions made by its internal Ore Reserve Committee and/or
independent third parties in reaching the conclusions stated in the ore reserve
reports are reasonable and appropriate, and that the production estimates of the
Company which are based on the ore reserve reports are reasonable and
appropriate.

      3.19 Mining Rights. The Company or each of its subsidiaries holds freehold
title, mining leases, mining claims or other conventional proprietary interests
or rights recognized in the jurisdiction in which each property described in the
SEC Reports is located, in the ore bodies and mineral inventories described in
the SEC Reports (and all properties respectively relating thereto) under valid,
subsisting and enforceable title documents, contracts, leases, licenses of
occupation, mining concessions, permits, or other recognized and enforceable
instruments and documents, sufficient to permit the Company or each of its
subsidiaries, as the case may be, to explore for, extract, exploit, remove,
process and refine the minerals relating thereto, except where the failure to so
hold such interests or rights would not have a Material Adverse Effect. In
addition, either the Company or each of its subsidiaries has all necessary
surface rights, water rights and rights in water, rights of way, licenses,
easements, ingress, egress and access rights, and all other necessary rights and
interests granting the Company or each of its subsidiaries, as the case may be,
the rights and ability to explore for, mine, extract, and remove the minerals
derived from the ore bodies and mineral inventories described in the SEC Reports
and to transport for refinement or market or distribute the ore and metals
produced, all as referred to in the SEC Reports, with only such exceptions as
are described in the SEC Reports or as do not have a Material Adverse Effect.
Each of the aforementioned interests and rights is currently in good standing
except for those interests and claims which, if not kept in good standing, would
not have a Material Adverse Effect.

      3.20 Independent Auditors. Arthur Andersen LLP, who has reported upon the
fiscal year 2000 and fiscal year 2001 audited financial statements of the
Company, and KPMG LLP, who has reported upon the fiscal year 2002 audited
financial statements of the Company, are, and during the periods covered by the
reports were, independent of the Company as defined under the Securities Act.

      3.21 Regulation M. The Company has not taken and will not take, directly
or indirectly, any action resulting in a violation of Rule 102 of Regulation M
promulgated under the Exchange Act or designed to or that might reasonably be
expected to cause or result in stabilization or manipulation of the price of the
Common Stock to facilitate the distribution of the Shares.

      3.22 Environmental Matters. Except as disclosed in the SEC Reports and
except as would not, singly or in the aggregate, result in a Material Adverse
Effect, (i) neither the Company nor any of its subsidiaries is in violation of
or has liability under any federal, state, local, municipal or foreign statute,
law, rule, regulation, ordinance, code, policy or rule of common law or any
judicial or administrative interpretation thereof, including any judicial or
administrative order, consent, decree or judgment, relating to pollution or
protection of human health, the environment (including, without limitation,
ambient air, surface water, groundwater, land surface or subsurface strata) or
wildlife, including, without limitation, laws and regulations relating to the
release or threatened release of chemicals, pollutants, contaminants, wastes,
toxic

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substances, hazardous substances, petroleum or petroleum products (collectively,
"Hazardous Materials"), to the manufacture, processing, distribution, use,
treatment, storage, disposal, transport or handling of Hazardous Materials, or
to the restoration, reclamation of or compensation for natural resources
(collectively, "Environmental Laws"), (ii) the Company and its subsidiaries have
all permits, authorizations and approvals required under any applicable
Environmental Laws and are each in compliance with their requirements, (iii)
there are no pending or, to the knowledge of the Company, threatened
administrative, regulatory or judicial actions, suits, demands, demand letters,
claims, liens, notices of noncompliance or violation, investigation or
proceedings relating to any Environmental Law against the Company or any of its
subsidiaries and (iv) to the knowledge of the Company, there are no events or
circumstances that might reasonably be expected to form the basis of an order
for clean-up or remediation, or an action, suit or proceeding by any private
party or governmental body or agency, against or affecting the Company or any of
its subsidiaries relating to Hazardous Materials or any Environmental Laws.

      3.23 Common Stock. Except as disclosed in the SEC Reports, the Company has
not received any notice from the New York Stock Exchange regarding the
de-listing of its Common Stock and the board of directors of the Company has not
taken any action to de-list the Company's Common Stock from the New York Stock
Exchange or to effect any stock split, reverse stock split or similar
transaction relating to the Company's Common Stock.

      3.24 Authorization of Common Shares. The Shares issued at the Closing are
duly authorized, validly issued, fully paid and non-assessable shares of Common
Stock free of all preemptive or similar rights.

      3.25 Non-public Information. The Company has not disclosed to the
Purchasers, orally or in writing, any information (including information
contained in any schedule to this Agreement) which the Company's directors or
officers are aware, that has not been disclosed to the public in SEC Reports
which the Company considers to be material to the financial condition, operating
results or assets of the Company or that it considers material to purchasers and
sellers of the Company's Common Stock.

      SECTION 4. REPRESENTATIONS AND WARRANTIES OF THE PURCHASERS. Each
Purchaser represents and warrants to the Company that:

      4.1 Brokers' Fees. No broker, finder or investment banker is entitled to
any brokerage, finder's or other fee or commission in connection with the
transactions contemplated hereby based upon arrangements made by or on behalf of
the Purchaser.

      4.2 Due Organization and Good Standing of the Purchaser. The Purchaser has
been duly organized and is validly existing as an entity in good standing under
the laws of the state of its organization, with all requisite power and
authority under such laws to enter into and perform its obligations under this
Agreement.

      4.3 Authorization of Agreements. This Agreement has been duly authorized,
executed and delivered by the Purchaser and constitutes a valid and legally
binding agreement of

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the Purchaser, enforceable against the Purchaser in accordance with its terms,
except as enforcement is limited by the Enforceability Exceptions.

      4.4 Absence of Proceedings. There is no action, suit, proceeding, inquiry
or investigation before or brought by any Governmental Entity, now pending, or,
to the knowledge of the Purchaser, threatened, against the Purchaser which could
materially and adversely affect the consummation of the transactions
contemplated by this Agreement or the performance by the Purchaser of its
obligations hereunder.

      4.5 Absence of Further Requirements. No filing with, or authorization,
approval, consent, license, order, registration, qualification or decree of, any
Governmental Entity is necessary or required for the execution, delivery or
performance by the Purchaser of its obligations under this Agreement or the
consummation by the Purchaser of the transactions contemplated by this
Agreement, except as may be required under the securities laws of the various
states and foreign jurisdictions in which the Shares will be offered and sold.

      4.6 Financial Wherewithal. Purchaser has and will have on the Closing Date
sufficient liquidity to pay the cash consideration set forth opposite its name
on Annex A attached hereto.

      SECTION 5. COVENANTS.

      5.1 Notices of Certain Events. From the date hereof to the Closing Date
each party shall promptly notify the other parties, of:

            (i) the receipt by the Company or any of the Purchasers of any
      notice or other communication from any person alleging that the consent of
      such person is or may be required in connection with the transactions
      contemplated by this Agreement;

            (ii) the receipt by the Company or any of the Purchasers of any
      notice or other communication from any governmental entity in connection
      with the transactions contemplated by this Agreement;

            (iii) the Company or any of the Purchasers obtaining knowledge of
      any actions, suits, claims investigations or proceedings commenced or
      threatened against, relating to or involving or otherwise affecting the
      Company or any of the Purchasers, as the case may be, or any of their
      respective subsidiaries which relate to the consummation of the
      transactions contemplated by this Agreement; and

            (iv) the Company or any of the Purchasers obtaining knowledge of the
      occurrence, or failure to occur, of any event which occurrence or failure
      to occur will be likely to cause (i) any representation or warranty
      contained in this Agreement to be untrue or inaccurate in any material
      respect, or (ii) any material failure of any party to comply with or
      satisfy any covenant, condition or agreement to be complied with or
      satisfied by it under this Agreement.

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            5.2 Efforts.

            (a) The Company shall cooperate and use commercially reasonable
      efforts to take, or cause to be taken, all appropriate action required of
      the Company, and to make, or cause to be made, all filings required to be
      made by the Company necessary, proper or advisable under applicable laws
      and regulations to consummate and make effective the transactions
      contemplated by this Agreement, including, without limitation,
      commercially reasonable efforts to (i) obtain, prior to the Closing Date,
      all licenses, permits, consents, approvals, authorizations, qualifications
      and orders of governmental authorities and parties to contracts with the
      Company required to be obtained by the Company, and (ii) defend against
      and respond to any action, suit, proceeding or investigation against the
      Company relating to the transactions contemplated by this Agreement, in
      each case as are necessary for consummation of the transactions
      contemplated by this Agreement and to fulfill the conditions the Company
      is required to fulfill with respect to the transactions contemplated
      hereby.

            (b) Each Purchaser shall cooperate and use commercially reasonable
      efforts to take, or cause to be taken, all appropriate action required of
      each such Purchaser, and to make, or cause to be made, all filings
      required to be made by each such Purchaser necessary, proper or advisable
      under applicable laws and regulations to consummate and make effective the
      transactions contemplated by this Agreement, including, without
      limitation, commercially reasonable efforts to (i) obtain, prior to the
      Closing Date, all licenses, permits, consents, approvals, authorizations,
      qualifications and orders of governmental authorities and parties to
      contracts with each such Purchaser required to be obtained by each such
      Purchaser and (ii) defend against and respond to any action, suit,
      proceeding or investigation against each such Purchaser relating to the
      transactions contemplated by this Agreement, in each case as are necessary
      for consummation of the transactions contemplated by this Agreement and to
      fulfill the conditions each such Purchaser is required to fulfill with
      respect to the transactions contemplated hereby.

      5.3 Expenses. The Company shall be responsible for all of its expenses
incident to the performance of its obligations under this Agreement, including
(i) the preparation, printing and delivery to the Purchasers of this Agreement
and such other documents as may be required in connection with the offering,
purchase, sale and delivery of the Shares, (ii) the preparation, issuance and
delivery of the certificates for the Shares to the Purchasers, and (iii) the
fees and disbursements of the Company's counsel, accountants and other advisors.
In addition, the Company agrees to promptly reimburse the Purchasers for the
reasonable fees and expenses of Latham & Watkins, counsel for the Purchasers, in
connection with the transactions contemplated hereby (including the reasonable
fees and expenses incurred in the preparation of any 13D/13G filing which any
Purchaser is required to make as a result of the transactions contemplated
herein) upon submission of reasonable invoices for the services of Latham &
Watkins LLP (subject to maintenance of the attorney-client privilege between
Latham & Watkins LLP and the Purchasers).

      5.4 Listing of Common Stock. The Company shall cause all shares of Common
Stock issuable at the Closing to be listed on the New York Stock Exchange.

Exhibit 10                             10
<PAGE>
      5.5 Press Release. The Company shall issue a press release summarizing the
material terms of this Agreement prior to 9:00 a.m., on November 25, 2003.

      5.5 Use Of Proceeds. The Company shall use the proceeds of the offering
contemplated hereby to contribute to the redemption of the Company's 9%
Convertible Senior Subordinated Notes due 2007, the aggregate redemption amount
of which is $13,486,939.80.

      SECTION 6. CONDITIONS TO CLOSING.

      6.1 Conditions to the Purchasers' Obligations to Close. The obligations of
each Purchaser to effect the transactions contemplated hereby are subject to the
fulfillment, prior to or at the Closing of the following conditions:

            (a) Representations and Warranties; Performance. The representations
      and warranties of the Company contained in Section 3 shall be true and
      correct when made and as of the Closing with the same effect as though
      such representations and warranties had been made on and as of the date of
      the Closing, except to the extent of changes caused by transactions
      contemplated herein (it being understood and agreed by the Purchasers
      that, in the case of any representation and warranty of the Company
      contained herein which is not hereinabove qualified by application thereto
      of a materiality standard (including for this purpose Material Adverse
      Effect), such representation and warranty need be true and correct only in
      all material respects in order to satisfy as to such representation or
      warranty the condition precedent set forth in the foregoing provisions of
      this Section 6.1(a)). The Company shall have performed and complied in all
      material respects with all agreements, obligations and conditions
      contained in this Agreement that are required to be performed by it or
      with which it is required to have complied with on or before the Closing.

            (b) Consents, Permits and Waivers. The Company shall have obtained
      any and all material consents, approvals, licenses, permits, orders,
      authorizations, waivers and the like required to be obtained by the
      Company necessary for consummation of the transactions contemplated by
      this Agreement.

            (c) Absence of Litigation. No proceeding challenging this Agreement
      or the transactions contemplated hereby or thereby, or seeking to obtain
      damages or prohibit, alter, prevent or delay the Closing shall have been
      instituted against the Company before any Governmental Entity and shall be
      pending.

            (d) Compliance Certificate. The Company shall deliver to the
      Purchasers at the Closing a certificate signed by an executive officer of
      the Company stating that the Company has complied with or satisfied each
      of the conditions to the Purchasers' obligation to consummate the Closing
      set forth in Sections 6.1(a), (b) and (c), unless waived in writing by the
      Purchasers.

            (e) Legal Prohibition. The transactions contemplated hereby shall
      not be prohibited by any law or governmental order or regulation.

Exhibit 10                             11
<PAGE>
            (f) Listing of Common Stock. The Company shall have caused all of
      the Shares issuable at the Closing to be, and the Company shall have
      received confirmation from the NYSE that such shares are, listed on the
      New York Stock Exchange.

            (g) No Stop Order. No stop order suspending the effectiveness of the
      Registration Statement shall have been issued and no proceedings for that
      purpose shall have been instituted or threatened.

            (h) Opinion. The Company shall deliver to the Purchasers at the
      Closing a customary opinion of counsel(s) to the Company, in a form
      reasonably acceptable to the Purchasers.

      6.2 Conditions to the Company's Obligations to Close. The obligations of
the Company to effect the transactions contemplated hereby are subject to the
fulfillment, prior to or at the Closing of the following conditions:

            (a) Representations and Warranties; Performance. The representations
      and warranties of the Purchasers contained in Section 4 hereof shall be
      true and correct on and as of the Closing (it being understood and agreed
      by the Company that, in the case of any representation and warranty of the
      Purchasers contained herein which is not hereinabove qualified by
      application thereto of a materiality standard (including for this purpose
      Material Adverse Effect), such representation and warranty need be true
      and correct only in all material respects in order to satisfy as to such
      representation or warranty the condition precedent set forth in the
      foregoing provisions of this Section 6.2(a)). The Purchasers shall have
      performed and complied in all material respects with all agreements,
      obligations, and conditions contained in the Agreement that are required
      to be performed by it or with which it are required to have complied with
      on or before the Closing.

            (b) Consents, Permits and Waivers. The Purchasers shall have
      obtained any and all material consents, approvals, licenses, permits,
      orders, authorizations, waivers and the like required to be obtained by
      the Purchasers necessary for consummation of the transactions contemplated
      by this Agreement.

            (c) Absence of Litigation. No proceeding challenging this Agreement
      or the transactions contemplated hereby or thereby, or seeking to
      prohibit, alter, prevent or delay the Closing shall have been instituted
      against the Purchasers before any Governmental Entity and shall be
      pending.

            (d) Legal Prohibition. The transactions contemplated hereby shall
      not be prohibited by any law or governmental order or regulation.

            (e) Tax Deliveries. The Purchasers shall have executed and delivered
      to the Company, if required by applicable law, a Form W-9 or Form W-8, as
      applicable, and a FIRPTA certificate.

Exhibit 10                             12
<PAGE>
            SECTION 7. TERMINATION OF AGREEMENT.

      7.1 Termination. This Agreement may be terminated (except for provisions
that expressly contemplate performance after termination) and the transactions
contemplated hereunder abandoned at any time prior to the Closing only as
follows:

            (a) by the Purchasers, upon notice to the Company, if the conditions
      set forth in Section 6.1 shall not have been satisfied on or prior to
      November 30, 2003;

            (b) by the Company, upon notice to the Purchasers, if the conditions
      set forth in Section 6.2 shall not have been satisfied on or prior to
      November 30, 2003;

            (c) at any time by mutual agreement of the Company and the
      Purchasers;

      7.2 Liability. Except as otherwise provided herein, any termination
pursuant to this Section 7 shall be without liability on the part of any party,
unless such termination is the result of a material breach of this Agreement by
a party to this Agreement (which is not cured as permitted hereunder) in which
case such breaching party shall remain liable for such breach notwithstanding
any termination of this Agreement.

      SECTION 8. INDEMNIFICATION AND CONTRIBUTION.

      8.1 Indemnification.

            (a) The Company (the "Indemnifying Party") hereby agrees to
      indemnify the Purchasers and their agents and affiliates (collectively,
      the "Indemnified Parties") against, and hold them harmless from, all
      losses, claims, damages, liabilities, costs (including the costs of
      preparation and reasonable attorneys' fees and expenses) (collectively,
      "Losses") incurred by them and arising out of or related to the
      transactions contemplated by this Agreement as a result of:

            (i) any breach of any representation, warranty, agreement or
      covenant of the Company contained herein,

            (ii) any allegations, claims or investigations by shareholders or
      Governmental Entities of a breach of fiduciary duty or other misconduct by
      the Company's officers or directors,

            (iii) any other shareholder derivative actions (it being understood
      that Losses shall exclude any monetary loss resulting from the resale, or
      other decline in value, of any Shares and provided that such exclusion
      shall not prevent the Indemnified Parties from seeking indemnification or
      damages from the Indemnifying Party under any other applicable provision
      of this Agreement), other than to the extent, and only to the extent, that
      any Losses directly result from action on the part of any Indemnified
      Party which is finally judicially determined to constitute either gross
      negligence or willful misconduct, or

Exhibit 10                             13
<PAGE>
            (iv) any untrue statement or alleged untrue statement of any
      material fact contained in the Registration Statement or the Prospectus,
      or any amendment or supplement thereto, and all other documents filed as a
      part thereof, as amended at the time of effectiveness of the Registration
      Statement, including any information deemed to be a part thereof as of the
      time of effectiveness pursuant to paragraph (b) of Rule 430A, or pursuant
      to Rule 434, under the Securities Act, or arising out of or based upon the
      omission or alleged omission to state in any of them a material fact
      required to be stated therein or necessary to make the statements in any
      of them, in light of the circumstances under which they were made, not
      misleading, as such expenses or Losses are incurred.

      The Indemnifying Party agrees to reimburse any Indemnified Party for all
      such Losses promptly after such Losses are finally judicially determined
      to be subject to indemnification hereunder. The obligations of the
      Indemnifying Party to each Indemnified Party hereunder shall be separate
      obligations and the Indemnifying Party's liability to any such Indemnified
      Party hereunder shall not be extinguished solely because any other
      Indemnified Party is not entitled to indemnity hereunder.

            (b) The obligations of the Indemnifying Party under this Section 8.1
      shall survive the termination of this Agreement; provided that the
      warranties and representations of the Company and each Purchaser contained
      in or made pursuant to this Agreement shall expire and terminate on the
      date that is eighteen (18) months following the Closing; provided further
      that such representations and warranties shall survive for the duration of
      a claim, if any, for indemnification alleging a breach of such
      representations or warranties that is made during such eighteen (18)
      months following the Closing.

            (c) In case any action shall be brought against any Indemnified
      Party with respect to which indemnity may be sought against the
      Indemnifying Party hereunder, such Indemnified Party shall promptly notify
      the Indemnifying Party in writing and the Indemnifying Party shall, if it
      so desires, assume the defense thereof, including the employment of
      counsel reasonably satisfactory to such Indemnified Party and payment of
      all reasonable fees and expenses. The failure to so notify the
      Indemnifying Party shall not affect any obligation the Indemnifying Party
      may have to any Indemnified Party under this Agreement or otherwise unless
      the Indemnifying Party is materially adversely affected by such failure.
      Each Indemnified Party shall have the right to employ separate counsel in
      such action and participate in the defense thereof, but the fees and
      expenses of such counsel shall be at the expense of the Indemnified Party
      unless: (i) the Indemnifying Party has agreed in writing (other than
      pursuant to this Agreement) to pay such expenses; or (ii) the Indemnifying
      Party, after timely notice of such claim, has failed to assume the defense
      and employ counsel or (iii) the named parties to any such action
      (including any impleaded parties) include any Indemnified Party and the
      Indemnifying Party, and such Indemnified Party shall have been reasonably
      advised by outside counsel that there may be one or more legal defenses
      available to it which are inconsistent with or additional to those
      available to the Indemnifying Party, provided that, if such Indemnified
      Party notifies the Indemnifying Party in writing that it elects to employ
      separate counsel in the circumstances described in clauses (i), (ii) or
      (iii) above, the Indemnifying Party shall not have the right to assume the
      defense of such action or proceeding; provided,

Exhibit 10                             14
<PAGE>
      however, that the Indemnifying Party shall not, in connection with any one
      such action or proceeding or separate but substantially similar or related
      actions or proceedings in the same jurisdiction arising out of the same
      general allegations or circumstances, be responsible hereunder for the
      fees and expenses of more than one such firm of separate counsel (in
      addition to any necessary local counsel), which counsel shall be
      designated by such Indemnified Party. The Indemnifying Party shall not be
      liable for any settlement of any such action effected without its written
      consent (which shall not be unreasonably withheld). The Indemnifying Party
      agrees that it will not, without the Indemnified Parties' prior written
      consent (which shall not be unreasonably withheld) settle or compromise
      any pending or threatened claim, action or suit in respect of which
      indemnification or contribution may be sought hereunder unless the
      foregoing contains an unconditional release of the Indemnified Parties
      from all liability and obligation arising therefrom.

      8.2 Contribution.

      If the indemnification provided for in Section 8.1 is unavailable to any
Indemnified Party in respect of any Losses referred to therein, then the
Indemnifying Party, in lieu of indemnifying such Indemnified Party, shall have
an obligation to contribute to the amount paid or payable by such Indemnified
Party as a result of such Losses in such proportion as is appropriate to reflect
the relative fault of the Indemnifying Party, its subsidiaries and/or any other
entity or person (other than the Purchasers and the other Indemnified Parties)
and such Indemnified Party in connection with the actions which resulted in such
Losses as well as any other relevant equitable considerations. The amount paid
or payable as a result of the Losses referred to above shall be deemed to
include, subject to the limitations set forth in Section 8.1, any legal or other
fees or expenses reasonably incurred by such Indemnified Party in connection
with any investigation, lawsuit or legal or administrative action or proceeding.

      The parties hereto agree that it would not be just and equitable if
contribution pursuant to this Section 8.2 were determined by pro rata allocation
or by any other method of allocation which does not take account of the
equitable considerations referred to in the immediately preceding paragraph. No
party guilty of fraudulent misrepresentation (within the meaning of Section
11(f) of the Securities Act) shall be entitled to contribution from any party
who was not guilty of such fraudulent misrepresentation.

      SECTION 9. MISCELLANEOUS.

      9.1 Notices. All notices and other communications hereunder shall be in
writing and shall be deemed to have been duly given if mailed or transmitted by
any standard form of telecommunication. Notices to the Purchasers shall be
directed to the names and addresses of the Purchasers as set forth on the
signatures pages hereof, with a copy to Latham & Watkins LLP, 633 West Fifth
Street, Suite 4000, Los Angeles, CA 90071, Attention: Thomas C. Sadler, Esq.,
and notices to the Company shall be directed to Coeur d'Alene Mines Corporation,
505 Front Avenue, P.O. Box I, Coeur d'Alene, Idaho 83816-0316, Attention:
General Counsel, with a copy to Gibson, Dunn & Crutcher LLP, 333 South Grand
Avenue, Los Angeles, California 90071, Attention: Andrew E. Bogen, Esq.

Exhibit 10                             15
<PAGE>
      9.2 Assignment. Neither the Company nor the Purchasers may assign or
delegate (whether by contract or operation of law, it being agreed that a merger
(other than a merger that does not constitute a "Change in Control" as defined
below) shall be deemed to constitute an assignment) its rights, duties or
obligations under this Agreement without the prior written consent of the other
party hereto. Any attempted or purported assignment or delegation in violation
of the preceding sentence shall be void.

      For the purposes of this Agreement a "Change in Control" means any event
where: (i) any "person" or "group" (as such terms are used in Section 13(d) and
14(d) of the Exchange Act) is or becomes the "beneficial owner" (as defined in
Rules 13d-3 and 13d-5 under the Exchange Act) of shares representing more than
50% of the combined voting power of the then outstanding securities entitled to
vote generally in elections of directors of the Company ("Voting Stock"), (ii)
the Company consolidates with or merges into any other corporation, or any other
corporation merges into the Company, and, in the case of any such transaction,
the outstanding Common Stock of the Company is reclassified into or exchanged
for any other property or security, unless the stockholders of the Company
immediately before such transaction own, directly or indirectly immediately
following such transaction, at least a majority of the combined voting power of
the outstanding voting securities of the corporation resulting from such
transaction in substantially the same proportion as their ownership of the
Voting Stock immediately before such transaction, (iii) the Company conveys,
transfers or leases all or substantially all of its assets (other than to a
wholly-owned subsidiary of the Company) or any Subsidiary conveys, transfers, or
leases assets representing all or substantially all of the assets of the Company
and its Subsidiaries taken as a whole (iv) any time the Continuing Directors do
not constitute a majority of the Board of Directors of the Company (or, if
applicable, a successor corporation to the Company); provided, that a Change of
Control shall not be deemed to have occurred under any of the preceding clauses
if at least 90% of the consideration (excluding cash payments for fractional
shares) in the transaction or transactions constituting the Change of Control
consists of shares of common stock that are, or upon issuance will be, traded on
a United States national securities exchange or approved for trading on an
established automated over-the-counter trading market in the United States.

      9.3 Amendment. Any term of this Agreement may be amended and the
observance of any term of this Agreement may be waived (either generally or in a
particular instance and either retroactively or prospectively), only with the
written consent of the Company and the Purchasers.

      9.4 Counterparts; Facsimile. This Agreement may be executed in any number
of counterparts and by the parties hereto in separate counterparts, and
signature pages may be delivered by facsimile, each of which when so executed
shall be deemed to be an original and all of which taken together shall
constitute one and the same agreement.

      9.5 GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE INTERNAL LAWS, AND NOT THE LAWS PERTAINING TO CONFLICTS OR
CHOICE OF LAW, OF THE STATE OF NEW YORK.

      9.6 Effect of Headings. The Section headings herein are for convenience
only and shall not affect the construction hereof.

Exhibit 10                             16
<PAGE>
      9.7 Severability. If any provision of this Agreement is held by a court of
competent jurisdiction to be unenforceable under applicable law, such provision
shall be replaced with a provision that accomplishes, to the extent possible,
the original business purpose of such provision in a valid and enforceable
manner, and the balance of the Agreement shall be interpreted as if such
provision were so modified and shall be enforceable in accordance with its
terms.

      9.8 Confidentiality. No disclosure shall be made by the Company to any
person or entity of (i) the fact that this Agreement has been entered into or
(ii) the identity of any of the Purchasers, without the prior written consent of
the Purchasers, except on a need to know basis to directors, officers,
employees, agents and/or representatives of the Company who have agreed to the
limitations on use imposed by this Agreement, unless in the opinion of counsel
for the Company, disclosure is required to be made under applicable law,
provided that, if the Company proposes to make any disclosure based upon the
opinion of its counsel as aforesaid, the Company will advise and consult with
the Purchasers prior to such disclosure concerning the information it proposes
to disclose. Notwithstanding the foregoing, it is understood and agreed to by
the Purchasers that the Company intends to file a form of this Agreement,
excluding from such form the identity of any of the Purchasers, as an exhibit to
a Form 8-K filing promptly after the date hereof and that the Company shall not
be obligated to advise and consult with the Purchasers prior to such disclosure
or any other similar disclosure (such disclosures to also not include the
identity of any of the Purchasers) required pursuant to the rules and
regulations of the SEC.

                            [Signature page follows]

Exhibit 10                             17
<PAGE>
      IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the date above first written.

THE COMPANY:                           COEUR D'ALENE MINES CORPORATION

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

Exhibit 10
<PAGE>
                                Annex A - Page 1

Exhibit 10<PAGE>

                                                                    Exhibit 10.4

                                                                  EXECUTION COPY
                                                                  --------------
                       TENTH AMENDMENT TO CREDIT AGREEMENT
                       -----------------------------------

         THIS TENTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), dated as
of October 31, 2003 (the "Tenth Amendment Effective Date"), is by and among
CORRPRO COMPANIES, INC., an Ohio corporation (the "Company"), CSI COATING
SYSTEMS INC. (the "Canadian Borrower" and, together with the Company, the
"Borrowers"), the lenders set forth on the signature pages hereof (collectively,
the "Lenders") and BANK ONE, NA, with its main office in Chicago, Illinois, and
successor by merger to Bank One, Michigan, as agent for the Lenders (in such
capacity, the "Agent").

                                    RECITALS

         A. The Borrowers, the Agent and the Lenders are parties to an Amended
and Restated Credit Agreement dated as of June 9, 2000 (as now and hereafter
amended, the "Credit Agreement"), pursuant to which the Lenders agreed, subject
to the terms and conditions thereof, to extend credit to the Borrowers.

         B. The Credit Agreement was amended by a First Amendment to Credit
Agreement dated as of October 19, 2000 (the "First Amendment") among the
Borrowers, the Lenders and the Agent, pursuant to which the parties agreed to
modify certain terms and conditions of the extension of credit to the Borrowers.

         C. Prior to May 29, 2001, certain Defaults occurred under the Credit
Agreement due to breaches of Sections 6.19.1 and 6.19.2 of the Credit Agreement
as of the fiscal quarter ending March 31, 2001 (the "May 2001 Defaults"). Based
upon the request of the Borrowers and the Guarantors, the Agent and the Lenders
temporarily waived the May 2001 Defaults subject to the terms and conditions set
forth in a certain letter dated May 29, 2001 (the "Waiver Letter").

         D. Prior to the expiration of the temporary waiver set forth in the
Waiver Letter, the Borrowers requested, notwithstanding the occurrence of the
May 2001 Defaults, that the Agent and the Lenders (i) continue to advance
Revolving Credit Loans to the Borrowers under certain modified terms and
conditions of lending, (ii) extend the waiver of the May 2001 Defaults and (iii)
forbear from exercising remedies available under the Loan Documents or at law or
in equity, all in order to (a) permit the Borrowers to develop and implement a
business plan and financial strategy to improve their business operations and
financial condition and (b) permit the Borrowers to develop and implement a
potential financial restructuring plan and strategy that would address, inter
alia, repayment of the indebtedness owed to the Lenders. Pursuant to such
request, the Credit Agreement was further amended by a Second Amendment to
Credit Agreement dated as of June 29, 2001 (the "Second Amendment") among the
Borrowers, the Lenders and the Agent. The Second Amendment, among other things,
granted to the Borrowers a "Restructuring Period" during which the Borrowers
would be permitted to develop and implement their business improvement and
financial restructuring plan.

         E. Prior to August 10, 2001, the Borrowers requested that the Agent and
the Lenders extend the Facility Termination Date and agree to certain other
modifications to the provisions of the Credit Agreement. Pursuant to such
request, the Credit Agreement was further amended by a Third Amendment to Credit
Agreement dated as of August 10, 2001 (the "Third Amendment") among the
Borrowers, the Lenders and the Agent.

<PAGE>

         F. Prior to November 12, 2001, the Borrowers requested that the Agent
and the Lenders further extend the Facility Termination Date, extend the
expiration date of the Restructuring Period and agree to certain other
modifications to the provisions of the Credit Agreement. Pursuant to such
request, the Credit Agreement was further amended by a Fourth Amendment to
Credit Agreement dated as of November 12, 2001 (the "Fourth Amendment") among
the Borrowers, the Lenders and the Agent.

         G. Prior to February 11, 2002, the Borrowers requested that the Agent
and the Lenders further extend the Facility Termination Date, extend the
expiration date of the Restructuring Period (also referred to as the
"Improvement Period") and agree to certain other modifications to the provisions
of the Credit Agreement. Pursuant to such request, the Credit Agreement was
further amended by a Fifth Amendment to Credit Agreement dated as of February
11, 2002 (the "Fifth Amendment") among the Borrowers, the Lenders and the Agent.

         H. Beginning in March, 2002 and continuing through August 15, 2002, the
Company informed the Lenders and the Agent that certain additional Events of
Default had occurred under the Credit Agreement as follows: (i) violation of the
financial covenants contained in Section 6.19 of the Credit Agreement and
Section 1.2.g of the Fifth Amendment, as of December 31, 2001 and thereafter,
(ii) violation of the provisions contained in Sections 7.5, 7.6 and 7.7 of the
Credit Agreement, as of March 22, 2002 and thereafter, (iii) violation of the
provisions contained in Section 1.4.c and 1.4.e of the Fifth Amendment, as of
March 22, 2002 and thereafter, (iv) violation of the financial reporting
covenants contained in Section 6.1 of the Credit Agreement, as of December 31,
2001 and thereafter, (v) violations under Section 1.2 of the Fifth Amendment as
a result of accounting irregularities at the Company's Australian subsidiary as
of March 31, 2002 and for any period for which the Company's restated financial
statements (which restatement was due to such accounting irregularities) would
have caused the Company to be in violation of financial covenants then in
effect, and (vi) violation of Section 6.7 of the Credit Agreement as a result of
securities law violations in connection with the accounting irregularities at
the Company's Australian subsidiary and the late filing of the Company's Form
10-K for the year ended March 31, 2002 (collectively the "March 2002 Defaults").

         I. Prior to August 15, 2002, the Borrowers requested that the Agent and
the Lenders further extend the Facility Termination Date, extend the expiration
date of the Improvement Period, waive the March 2002 Defaults and agree to
certain other modifications to the provisions of the Credit Agreement. Pursuant
to such request, the Credit Agreement was further amended by a Sixth Amendment
to Credit Agreement dated as of August 15, 2002 (the "Sixth Amendment") among
the Borrowers, the Lenders and the Agent.

         J. Prior to November 15, 2002, the Borrowers, the Agent and the Lenders
mutually agreed to extend the expiration date of the Improvement Period and to
certain other modifications to the provisions of the Credit Agreement.
Accordingly, the Credit Agreement was further amended by a Seventh Amendment to
Credit Agreement dated as of November 15, 2002 (the "Seventh Amendment") among
the Borrowers, the Lenders and the Agent.

         K. The Improvement Period granted to Borrowers, as extended under the
Seventh Amendment, expired on January 31, 2003. Additionally, beginning in March
of 2003, the Company informed the Agent and the Lenders that certain additional
Events of Default had occurred under the Credit Agreement as follows: (i)
violation of the financial covenant contained in Section 1.2g of the Seventh
Amendment for the period ended March 31, 2003, and (ii) violation of the
financial covenant contained in Section 6.19.3 of the Credit Agreement, as
modified by Section 2.2 of the Seventh Amendment, as of March 31, 2003 and
continuing thereafter (collectively the "March 2003 Defaults").

                                       2

<PAGE>

         L. Prior to February 10, 2003, the Borrowers requested that the Agent
and the Lenders modify certain terms and conditions under which Facility Letters
of Credit may be issued. Pursuant to such request, the Credit Agreement was
further amended by an Eighth Amendment to Credit Agreement dated as of February
10, 2003 (the "Eighth Amendment") among the Borrowers, the Lenders and the
Agent.

         M. Prior to July 31, 2003, the Borrowers requested that the Agent and
the Lenders, notwithstanding the expiration of the Improvement Period under the
Seventh Amendment and the occurrence of the March 2003 Defaults, further extend
the Facility Termination Date, further extend the expiration date of the
Improvement Period, waive the March 2003 Defaults and agree to certain other
modifications to the provisions of the Credit Agreement. Accordingly, the Credit
Agreement was further amended by a Ninth Amendment to Credit Agreement dated as
of July 31, 2003 (the "Ninth Amendment") among the Borrowers, the Lenders and
the Agent. In connection with the Ninth Amendment, the Borrowers requested that
the Agent and the Lenders approve a process under which the Borrowers would
undertake a sale and/or refinancing transaction according to certain deadlines
established in the Ninth Amendment.

         N. The Credit Agreement (as modified by the First Amendment, the Second
Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, the
Sixth Amendment, the Seventh Amendment, the Eighth Amendment and the Ninth
Amendment), all promissory notes executed by either Borrower in favor of the
Agent and/or the Lenders, and any and all of the Collateral Documents executed
by any Loan Party (including without limitation all Security Agreements,
Mortgages, Guaranties, pledges of stock and other instruments, documents or
agreements of any kind evidencing or securing the indebtedness of either
Borrower in favor of the Lenders) are sometimes referred to collectively as the
"Loan Documents."

         O. Consistent with the provisions of the Ninth Amendment, the Company,
with the consent of the Agent and the Lenders, has entered into a letter of
intent governing a potential refinancing transaction. In connection with such
potential refinancing transaction, however, the Borrowers are not in compliance
with the deadlines set forth in Section 1.2w of the Ninth Amendment (the
"Milestone Defaults").

         P. The Improvement Period is due to expire on October 31, 2003.
Notwithstanding such expiration and the occurrence and continuation of the
Milestone Defaults, the Borrowers have requested that the Agent and the Lenders
further extend the Facility Termination Date, further extend the expiration date
of the Improvement Period, waive the Milestone Defaults and agree to certain
other modifications to the provisions of the Credit Agreement. Additionally, the
Borrowers have requested that the Agent and the Lenders continue to permit the
Borrowers to pursue completion of the refinancing transaction under the terms
and conditions set forth in this Amendment.

         Q. Based upon the foregoing recitals, and without waiving any existing
or future rights or remedies which the Agent and/or the Lenders may have against
the Borrowers or any Guarantor, the Agent and the Lenders are willing to amend
the terms of the Credit Agreement (including the Second Amendment, the Third
Amendment , the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, the
Seventh Amendment, the Eighth Amendment and the Ninth Amendment) under the terms
and conditions expressly set forth herein.

                                       3
<PAGE>

                                      TERMS

         In consideration of the premises and of the mutual agreements herein
contained, the parties agree as follows:

                                   ARTICLE 1.
                        PROVISIONS FOR IMPROVEMENT PERIOD
                        ---------------------------------

     1.1 Affirmation of Recitals. The Borrowers and the Guarantors hereby
acknowledge and affirm the accuracy of the foregoing recitals.

     1.2 Improvement Period Conditions. Section 1.3 of the Second Amendment set
forth certain "restructuring conditions" governing the Borrowers' implementation
of their business improvement and financial restructuring plan. Such
"restructuring conditions" were amended and restated in Section 1.2 of the Third
Amendment, Section 1.2 of the Fourth Amendment, Section 1.2 of the Fifth
Amendment, Section 1.2 of the Sixth Amendment, Section 1.2 of the Seventh
Amendment and Section 1.2 of the Ninth Amendment, and are hereby further amended
and restated in their entirety as set forth below in this Section 1.2. Nothing
contained herein, however, shall be deemed to modify or retract the terms and
conditions that were applicable under the Second Amendment, the Third Amendment,
the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, the Seventh
Amendment and/or the Ninth Amendment during the period from and including the
Second Amendment Effective Date through and including the date immediately
preceding the Tenth Amendment Effective Date. All actions performed by or on
behalf of the Borrowers during such period in furtherance of their obligations
under the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth
Amendment, the Sixth Amendment, the Seventh Amendment and/or the Ninth Amendment
are hereby confirmed and ratified, and the Agent and the Lenders shall be
entitled to retain the full benefit of such performance. There shall be no
disgorgement, refund or rescission with respect to any payment made by or on
behalf of the Borrowers and received by the Agent or the Lenders pursuant to the
terms of the Second Amendment, the Third Amendment, the Fourth Amendment, the
Fifth Amendment, the Sixth Amendment, the Seventh Amendment and/or the Ninth
Amendment. Except to the extent expressly modified by the terms set forth below,
each of the terms and conditions set forth in the Second Amendment, the Third
Amendment, the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, the
Seventh Amendment and/or the Ninth Amendment is hereby confirmed and ratified
and shall remain in full force and effect as provided therein. From and after
the Tenth Amendment Effective Date, subject to strict compliance with the terms
and conditions set forth herein, the Lenders agree to forbear from enforcing
their rights and remedies based on the Milestone Defaults while the Borrowers
and their consultants continue to pursue completion of the refinancing
transaction, provided that (i) the Lenders' waiver of the Milestone Defaults
shall be solely in accordance with the terms and conditions set forth herein and
(ii) such agreement to forbear shall not create a waiver of the right of the
Agent or the Lenders, upon the occurrence of a default hereunder or a Default
(other than the Milestone Defaults) under the Loan Documents, to enforce
available rights and remedies at any time, in their sole discretion, in
accordance with the Credit Agreement (as previously modified and as modified
herein) and the other Loan Documents. Absent an earlier default hereunder or
Default (other than the Milestone Defaults) under the Loan Documents, the period
during which the Lenders shall forbear is from the Second Amendment Effective
Date through January 31, 2004 (the "Improvement Period"). The Lenders'
forbearance shall be governed by and subject to the following terms and
conditions:

                                       4

<PAGE>

                           a. The Borrowers shall keep the Agent, the Lenders
                  and their consultants apprised of the Borrowers' business and
                  financial operations and of any material discussions and
                  negotiations (other than discussions or negotiations in the
                  ordinary course of the Borrowers' business) pertaining to
                  lessors, vendors, suppliers, customers, other creditors, joint
                  venture partners or potential purchasers of any business
                  segments or significant assets of any Borrowers. Reports on
                  such matters shall be provided periodically and not less
                  frequently than monthly. With respect to the Borrowers'
                  pending refinancing transaction, reports on such matter shall
                  be provided not less frequently than weekly.

                           b. Notwithstanding any prior practice, the Borrowers
                  shall strictly comply with the financial reporting
                  requirements under the Loan Documents, as modified herein. In
                  addition to the reporting requirements set forth in Section
                  6.1 of the Credit Agreement (as modified herein), (i) not
                  later than Wednesday of each week during the Improvement
                  Period, the Borrowers and their financial advisors will
                  deliver to the Agent and the Lenders, in form and detail
                  satisfactory to the Agent, (x) weekly updates to the detailed
                  13-week rolling cash flow forecast as required under Section
                  4.4 of this Amendment, and (y) a duly-executed Borrowing Base
                  Certificate as of the end of the prior week, together with
                  supporting information as required by the Credit Agreement;
                  (ii) not later than the twentieth (20th) day of each month
                  during the Improvement Period, the Borrowers and their
                  financial advisors will deliver to the Agent and the Lenders,
                  in form and detail satisfactory to the Agent, a summary of
                  agings of accounts payable and accounts receivable for the
                  Borrowers as of the end of the prior month, and (y) a
                  duly-executed Compliance Certificate with respect to the cash
                  flow restrictions set forth in subparagraph f below; (iii) the
                  Company shall, immediately upon receipt thereof, deliver to
                  the Agent copies of any correspondence, letters of intent,
                  agreements or similar documents pertaining in any manner to
                  any proposed sale or other disposition of any assets of the
                  Company or its Subsidiaries other than in the ordinary course
                  of business; and (iv) the Company shall provide to the Agent,
                  within five (5) business days following any request by the
                  Agent, a current listing of correct names and addresses of
                  account debtors (together with periodic updates to such
                  listing upon request by the Agent). If requested by the Agent,
                  the Borrowers promptly shall provide detailed backup for the
                  monthly summary of agings of accounts payable and accounts
                  receivable.

                           c. The Borrowers shall pay when due all amounts owed
                  to the Agent and the Lenders under the Loan Documents.

                           d. The aggregate outstanding amount of the Revolving
                  Credit Loans, together with the face amount of any Facility
                  LCs, shall not exceed the maximum amount described in Article
                  2 of the Second Amendment (as modified by Article 2 of the
                  Ninth Amendment). From and after the date of execution of this
                  Amendment, the Borrowers shall, absent emergency circumstances
                  demonstrated to the satisfaction of the Agent, request
                  Revolving Credit Loans not more frequently than twice per
                  week. Each such request shall be based upon a Borrowing Base
                  Certificate submitted pursuant to subparagraph b above,
                  updated to reflect finally-collected funds applied against the
                  Revolving Credit Loans pursuant to the Borrowers' dominion of
                  funds arrangement with the Agent. The Company, the Agent and
                  the Lenders acknowledge and agree that, following completion
                  of the sale of the Company's Middle East subsidiaries (as
                  referenced in subparagraph n below), the parties will discuss
                  an appropriate adjustment to the definition of the Borrowing
                  Base to reflect the assets sold pursuant to such transaction.
                  Upon execution of this Amendment and thereafter, the Company
                  will provide to the Agent and the Lenders comparative
                  information showing a

                                       5
<PAGE>

                  calculation of the Borrowing Base as if the Company's Middle
                  East subsidiaries already had been sold.

                           e. All representations and warranties made by the
                  Borrowers under the Second Amendment, the Third Amendment, the
                  Fourth Amendment, the Fifth Amendment, the Sixth Amendment,
                  the Seventh Amendment, the Eighth Amendment, the Ninth
                  Amendment and under this Amendment, shall be true and correct.

                           f.       (i) There shall be no change having a
                  Material Adverse Effect on the financial performance or
                  condition of the Borrowers as compared with the projections
                  submitted to and approved by the Agent and the Lenders in the
                  Accepted Forecast pursuant to Section 4.4 of this Amendment.

                                    (ii) For each "Measuring Period" (defined
                  below) during the Improvement Period, the actual cumulative
                  "Net Cash Flow" (defined below) of the Company and its
                  domestic Subsidiaries on a consolidated basis during such
                  Measuring Period shall equal or exceed the projected
                  cumulative Net Cash Flow for such Measuring Period as set
                  forth in the Accepted Forecast, within a negative variance of
                  the greater of $500,000 or 10% of cumulative budgeted Net Cash
                  Flow for each Measuring Period. The term "Net Cash Flow" shall
                  mean the excess (if any) of the consolidated aggregate cash
                  receipts of the Company and its domestic Subsidiaries during
                  the relevant period (excluding (a) any advances of Loans under
                  the Credit Agreement and (b) the amount of Net Cash Proceeds
                  generated by any transaction and distributed to the Lenders as
                  required by the Credit Agreement) compared to the consolidated
                  aggregate cash disbursements of the Company and its domestic
                  Subsidiaries during such period for operating expenses, taxes
                  and debt service (but excluding principal repayments and
                  interest payments to the Lenders and to the Noteholders, and
                  excluding professional fees incurred in connection with the
                  investigation of the Company's Australian subsidiary), all as
                  shown on the reports required pursuant to Section 4.4 of this
                  Amendment and prepared in a manner consistent with the
                  presentation set forth in the Accepted Forecast. The
                  cumulative Net Cash Flow of the Company and its domestic
                  Subsidiaries shall be measured as of the end of each calendar
                  month, for the cumulative period commencing July 1, 2003 and
                  ending on the last day of each successive month (each a
                  "Measuring Period") (i.e., the first Measuring Period shall be
                  a one-month period commencing July 1, 2003 and ending July 31,
                  2003, the second Measuring Period shall be a two-month period
                  commencing July 1, 2003 and ending August 31, 2003, etc.).

                                    (iii) The Borrowers shall not, absent the
                  prior written consent of the Required Lenders, (a) disburse
                  any funds for purposes other than those set forth in the
                  Accepted Forecast or (b) disburse any funds in an amount that
                  would cause a violation of the net cash flow restrictions set
                  forth above, and shall not in any event disburse any funds in
                  a manner inconsistent with any other restrictions set forth in
                  this Amendment or the Loan Documents.

                           g. The Company will not permit the Consolidated
                  EBITDA of the Company and its Subsidiaries to be less than (i)
                  $6,687,000 for the four consecutive fiscal quarters ending
                  June 30, 2001, (ii) $8,628,000 for the four consecutive fiscal
                  quarters ending September 30, 2001, (iii) $8,860,000 for the
                  four consecutive fiscal quarters ending December 31, 2001,
                  (iv) $12,665,000 for the four consecutive fiscal quarters
                  ending March 31, 2002, (v) $1,901,000 for the three
                  consecutive months ending June 30, 2002, (vi) $5,279,000 for
                  the six consecutive months ending September 30, 2002, (vii)
                  $9,594,000 for

                                       6

<PAGE>

                  the nine consecutive months ending December 31, 2002,
                  (viii) $11,009,000 for the twelve consecutive months
                  ending March 31, 2003, (ix) $2,533,000 for the three
                  consecutive months ending June 30, 2003, (x) $4,189,000 for
                  the for the three consecutive months ending September 30, 2003
                  or (xi) $3,125,000 for the three consecutive months ending
                  December 31, 2003. The parties acknowledge that Consolidated
                  EBITDA is calculated without regard to extraordinary gains or
                  losses other than in the ordinary course of business. For the
                  avoidance of doubt, the parties further acknowledge that, for
                  purposes of this subparagraph, the term "Consolidated EBITDA"
                  shall be calculated exclusive of (w) commissions related to
                  asset dispositions, (x) gains or losses recognized upon asset
                  dispositions, (y) any increase (or decrease) in EBITDA
                  resulting from the completion of a particular asset
                  disposition in a month that is after (or before) the projected
                  sale date, and (z) restructuring charges and professional fees
                  incurred in connection with the investigation of the Company's
                  Australian subsidiary.

                           h. No action or proceeding shall be commenced against
                  any Borrower that would, if adversely determined, cause a
                  Material Adverse Effect or prevent, impair or delay the
                  completion of the Borrowers' business improvement plan. With
                  respect to those actions or proceedings currently pending (as
                  listed on Schedule 1.2h hereof), there shall be no event that
                  would cause a Material Adverse Effect or prevent, impair or
                  delay the completion of the Borrowers' business improvement
                  plan.

                           i. Absent prior approval on behalf of the Agent and
                  the Lenders, no Borrower shall (i) file with any bankruptcy
                  court or be the subject of any petition under title 11 of the
                  United States Code (the "Bankruptcy Code"), (ii) be the
                  subject of any order for relief issued under the Bankruptcy
                  Code, (iii) file or be the subject of any petition seeking any
                  liquidation, reorganization, adjustment, protection,
                  arrangement, composition, dissolution or similar relief under
                  any present or future federal or state act or law relating to
                  bankruptcy, insolvency, reorganization or other relief for
                  debtors, (iv) have sought or consented to or acquiesced in the
                  appointment of any receiver, trustee, conservator, liquidator,
                  custodian or other similar official, or (v) be the subject of
                  any order, judgment or decree entered by any court of
                  competent jurisdiction approving a petition filed against such
                  party for any liquidation, reorganization, adjustment,
                  protection, arrangement, composition, dissolution or similar
                  relief under any present or future federal or state act or law
                  relating to bankruptcy, insolvency, reorganization or other
                  relief for debtors.

                           j. The Agent, the Lenders or their representatives or
                  consultants shall be permitted to conduct field examinations
                  of the Company and its Subsidiaries and audits of any
                  collateral securing the obligations of the Borrowers to the
                  Lenders. The Borrowers shall compensate the Agent or the
                  Lenders for such audits in accordance with the Agent's or each
                  Lender's schedule of fees, as applicable, and as such
                  schedules may be amended from time to time. The foregoing
                  permission to conduct audits shall not restrict or impair the
                  right of the Agent or the Lenders to inspect the collateral
                  and any records pertaining thereto at such times and at such
                  intervals as the Agent or the Required Lenders may require.
                  Further, the Borrowers acknowledge and agree that the Agent,
                  on behalf of itself and the Lenders, reserves the right to
                  engage the services of one or more appraisers to evaluate the
                  properties of the Company and its Subsidiaries. The Borrowers
                  acknowledge their responsibility to reimburse the Agent for
                  the fees and disbursements incurred by such parties in
                  connection with such engagements.

                           k. Neither the Company nor any of its Subsidiaries
                  shall take any action or fail to take any action within its
                  reasonable control that would cause a material adverse change

                                       7

<PAGE>

                  in the ability of the Company and its Subsidiaries to obtain
                  supplies or other assets to continue their operations. Upon
                  the occurrence of any event not within the reasonable control
                  of the Company or its Subsidiaries that would cause a material
                  adverse change in the ability of the Company and its
                  Subsidiaries to obtain supplies or other assets to continue
                  their operations, the Company shall immediately initiate and
                  diligently complete such actions as may be necessary to avoid
                  any impairment or delay in the operations of the Company and
                  its Subsidiaries.

                           l. Notwithstanding anything in the Credit Agreement
                  to the contrary (including without limitation the provisions
                  of Section 6.11 of the Credit Agreement), during the
                  Improvement Period, absent the prior written consent of the
                  Required Lenders, the Company shall not, and shall not permit
                  or cause any of its Subsidiaries to, create, incur, assume or
                  suffer to exist any Indebtedness other than Indebtedness as
                  permitted under subsections 6.11(i), (ii), (iii), (iv), (v),
                  (vii) and (viii) of the Credit Agreement (with respect to
                  clause (vii), only to the extent that such Indebtedness is in
                  existence immediately prior to the Tenth Amendment Effective
                  date as described in Schedule 1.2l, provided that no increase
                  in the amount thereof shall be permitted).

                           m. During the Improvement Period, absent the prior
                  written consent of the Required Lenders, the Company shall
                  not, and shall not permit or cause any of its Subsidiaries to,
                  create, incur or suffer to exist any Lien other than Liens as
                  permitted under Section 6.15 of the Credit Agreement.

                           n. Notwithstanding anything in the Credit Agreement
                  to the contrary (including without limitation the provisions
                  of Section 6.13 of the Credit Agreement), during the
                  Improvement Period, neither the Company nor any of its
                  Subsidiaries shall agree to or consummate the sale,
                  assignment, lease, conveyance, transfer or other disposition
                  of any of its assets, except for (i) sales of inventory in the
                  ordinary course of business, (ii) the disposition in the
                  ordinary course of business of assets no longer required for
                  business operations, provided that such assets shall not have
                  a value exceeding $30,000 per item and $300,000 in the
                  aggregate on a cumulative basis during the Improvement Period,
                  or (iii) the disposition of other assets under terms approved
                  by the Required Lenders as evidenced by the prior written
                  consent of the Agent (provided that such consent shall require
                  the approval of all of the Lenders in the event of any
                  proposed disposition of all or substantially all of the
                  Collateral). With respect to clause (iii) of the preceding
                  sentence, the Company has designated certain non-core assets
                  or business units that it intends to list for sale or
                  otherwise dispose of as soon as practicable. Schedule 1.2n
                  attached to the Sixth Amendment identifies each such
                  designated non-core asset or business unit (each a "Targeted
                  Asset Disposition") and the Company's estimate of the net cash
                  proceeds to be generated from the sale or other disposition of
                  each such Targeted Asset Disposition (the "Targeted Asset Cash
                  Proceeds"). A copy of the listing agreement (if applicable)
                  with respect to each of such assets shall be delivered to the
                  Agent and the Lenders as soon as available. The Company shall,
                  immediately upon receipt thereof, provide to the Agent and the
                  Lenders copies of any written agreements or letters of intent
                  pertaining to the potential sale of any of such assets. With
                  respect to any transaction that is approved by the Required
                  Lenders under the provisions of this Amendment and otherwise
                  is permissible under the Credit Agreement (as modified
                  herein), such transaction shall be consummated within the time
                  parameters and other terms and conditions as disclosed in the
                  applicable written agreement or letter of intent. Based upon
                  the Company's request, 100% of the net cash proceeds (after
                  deducting customary and reasonably commissions and transaction
                  expenses and after deducting any taxes attributable to the
                  transaction) generated by each such transaction shall upon
                  closing

                                       8

<PAGE>

                  immediately be paid to the Lenders and the Noteholders
                  (in the proportion of fifty-six percent (56%) to the Lenders
                  and forty-four percent (44%) to the Noteholders) . The portion
                  of such net cash proceeds remitted to the Lenders shall be
                  applied as a repayment of outstanding principal balance of the
                  Revolving Credit Loans (and the amount of such repayment shall
                  constitute a permanent reduction of the amount of the
                  Aggregate Commitments). The Lenders hereby acknowledge that
                  the Company has consummated certain asset disposition
                  transactions since September 23, 2002 and hereby ratify their
                  consent to the consummation of such transactions and the
                  application of the net cash proceeds therefrom to amounts
                  outstanding under the Credit Agreement. All parties
                  acknowledge that the Company has entered into an agreement for
                  the disposition of its Middle East subsidiaries, and such
                  disposition shall be completed according to the terms and
                  conditions approved by the Required Lenders.

                           o. Notwithstanding anything in the Credit Agreement
                  to the contrary (including without limitation the provisions
                  of Sections 6.12 and 6.14 of the Credit Agreement), during the
                  Improvement Period, absent the consent of the Required
                  Lenders, neither the Company nor any of its Subsidiaries shall
                  agree to or consummate, or make or suffer to exist, any
                  Investment or Acquisition, or extend credit to any other
                  Person, or extend any credit to any other Person, or enter
                  into any merger or consolidation, or enter into any similar
                  business arrangement or combination, except for transactions
                  permitted under subsections 6.14 (i) and (ii) of the Credit
                  Agreement (with respect to clause (ii), only to the extent in
                  existence immediately prior to the Tenth Amendment Effective
                  Date).

                           p. Notwithstanding anything in the Credit Agreement
                  to the contrary, during the Improvement Period neither the
                  Company nor any of its Subsidiaries shall advance any loans or
                  credit to any officer, director, stockholder or other
                  Affiliate of the Company or any of its Subsidiaries, or
                  otherwise enter into any similar transaction (provided that
                  the Company may continue to implement intercompany
                  transactions with its Wholly-Owned Subsidiaries - other than
                  its Australian Subsidiary - consistent with past practice),
                  nor shall the Company or any of its Subsidiaries forgive or
                  defer any payment of principal or interest with respect to any
                  existing loan or advance to any such officer, director,
                  stockholder or other Affiliate.

                           q. Notwithstanding anything in the Credit Agreement
                  to the contrary (including without limitation the provisions
                  of Sections 6.10 of the Credit Agreement), during the
                  Improvement Period, absent the prior written consent of the
                  Required Lenders, the Company shall not, and shall not permit
                  or cause any of its Subsidiaries to declare or pay any
                  dividends or make any distributions on its Capital Stock or
                  redeem, repurchase or otherwise acquire or retire any of its
                  Capital Stock, provided that any Subsidiary may continue to
                  declare and pay dividends or make distributions to the Company
                  or to a Wholly-Owned Subsidiary consistent with past practice.

                           r. During the Improvement Period, neither the Company
                  nor any of its Subsidiaries shall pay any discretionary bonus
                  or similar compensation award to any of their respective
                  officers or employees except pursuant to a comprehensive plan
                  approved by the Required Lenders. The preceding sentence shall
                  not limit the right of the Company or its Subsidiaries to pay
                  any bonus (i) required under any written employment agreement,
                  incentive plan or similar "guaranteed" bonus plan in existence
                  immediately prior to the Second Amendment Effective Date, (ii)
                  under its annual incentive plan for the fiscal year ending
                  March 31, 2004 (provided that such plan is satisfactory to the
                  Agent) or (iii) negotiated as part of a recruitment "signing
                  bonus" consistent with past practice. Upon

                                       9

<PAGE>

                  request, the Company shall deliver to the Lenders and the
                  Agent copies of any applicable employment agreements,
                  incentive plans or similar "guaranteed" bonus plans.

                           s. The Company shall pay to the Agent, for the
                  benefit of the Lenders, an amendment fee in the amount of
                  $200,000, payable in installments as follows: $100,000 upon
                  execution of this Amendment, and $100,000 upon the earlier of
                  December 31, 2003 or the date on which the Refinance
                  Transaction (defined in subparagraph w below) is completed.

                           t. Commencing on the Second Amendment Effective Date
                  and thereafter, there shall be no principal payments made to
                  the Noteholders in respect of the Noteholder Obligations
                  unless, simultaneously with the making of any such payment,
                  the Borrowers pay to the Lenders the "Reduction Amount" (as
                  such term is defined in Article 2 of the Second Amendment).
                  Upon payment to the Lenders of the Reduction Amount, the
                  Borrowing Base and the Aggregate Commitments shall be
                  permanently reduced by such amount, which may not be
                  reborrowed. The parties acknowledge that, as of the Tenth
                  Amendment Effective Date, the "Reduction Ratio" (as such term
                  is defined in the Second Amendment) was 1.272.

                           u. Notwithstanding anything in the Credit Agreement
                  to the contrary, the Borrowers shall not, and shall not permit
                  any Subsidiary to, make any Capital Expenditures that exceed
                  in the aggregate for the Borrowers and their Subsidiaries (a)
                  $1,750,000 during the fiscal year ending March 31, 2002, (b)
                  $500,000 during the three-month period ending June 30, 2002,
                  (c) $1,000,000 during the six-month period ending September
                  30, 2002, (d) $1,300,000 during the nine-month period ending
                  December 31, 2002, (e) $1,500,000 during the twelve-month
                  period ending March 31, 2003, (f) $500,000 during the
                  three-month period ending June 30, 2003, (g) $1,000,000 during
                  the six month period ending September 30, 2003 or (h)
                  $1,300,000 during the nine month period ending December 31,
                  2003.

                           v. During the Improvement Period (as such Improvement
                  Period may be extended from time to time) the Company shall,
                  if requested by the Agent and the Required Lenders, continue
                  to employ or engage, a full-time consultant acceptable to the
                  Agent and the Required Lenders. If such consultant is
                  required, such consultant will have authority that is
                  independent of the authority of other officers of the Company
                  and will report directly to the Company's board of directors.
                  The scope of authority of such consultant (if required) shall
                  be acceptable to the Agent and the Required Lenders, and the
                  Agent and the Lenders will have unrestricted access to
                  communicate directly with the consultant.

                           w. The Company has advised the Agent and the Lenders
                  that the Company intends to consult with one or more
                  investment banking firms to explore various strategic
                  alternatives, including refinancing and/or the sale of certain
                  assets or divisions. The Company shall keep representatives of
                  the Agent and the Lenders apprised of all consultations with
                  investment banking firms. The Company has engaged the
                  investment banking firm Brown Gibbons Lang & Company
                  Securities, Inc. ("BGL") pursuant to a letter dated November
                  21, 2002 to perform certain services (the "BGL Engagement").
                  The Agent and the Required Lenders hereby confirm their
                  consent to the BGL Engagement and the terms thereof. The
                  Company shall not engage any investment banking firm other
                  than BGL (and shall not engage BGL for any engagement other
                  than the BGL Engagement) unless the identity of such firm and
                  the scope of the engagement are acceptable to the Agent and
                  the Required Lenders. The Company agrees to promptly provide
                  to the Agent all reports and other information prepared for or
                  on behalf of the

                                       10
<PAGE>

                  Company by any investment banking firm or similar consultant.
                  The Company acknowledges and agrees that the Agent, its
                  consultants and counsel shall have direct access to any
                  investment banking firm or similar consultant engaged on
                  behalf of the Company, and each of such parties is authorized
                  to discuss information related to the Company with the Agent,
                  the Lenders or their consultants or counsel. The Company, with
                  the consent of the Lenders, has entered into a non-binding
                  letter of intent (the "Letter of Intent") describing a
                  transaction that would include refinancing of the Company and
                  repayment in full of all indebtedness owed to the Agent and
                  the Lenders (the "Refinance Transaction"). The Company shall
                  pursue the Refinance Transaction under the following interim
                  conditions: (i) not later than November 10, 2003, the Company
                  shall provide to the Agent and the Lenders copies of one or
                  more draft commitment letters from one or more financing
                  sources, equity providers or subordinated debt providers
                  (collectively, "Financing Sources") (the identity of such
                  Financing Sources and the terms of the commitment letters must
                  be acceptable to the Required Lenders, as evidenced by the
                  written consent of the Agent) to fund the debt amounts
                  contemplated in the Letter of Intent; (ii) not later than
                  December 5, 2003, the Company shall provide to the Agent and
                  the Lenders copies of the final and executed definitive
                  securities purchase agreement pertaining to the Refinance
                  Transaction, and the terms of such definitive agreement must
                  be acceptable to the Required Lenders, as evidenced by the
                  written consent of the Agent (which consent shall be received
                  by the Company prior to the Company's execution of such
                  definitive securities purchase agreement); (iii) also not
                  later than December 5, 2003, the Company shall provide to the
                  Agent and the Lenders copies of one or more final and executed
                  commitment letters from one or more Financing Sources (the
                  identity of such Financing Sources and the terms of the
                  commitment letters must be acceptable to the Required Lenders,
                  as evidenced by the written consent of the Agent) to fund the
                  Refinance Transaction; (iv) not later than December 8, 2003 or
                  two (2) business days after the date on which the Agent has
                  issued its consent to the definitive securities purchase
                  agreement, whichever is later, the Company shall submit to the
                  Securities and Exchange Commission a preliminary proxy
                  statement and related materials pertaining to the Refinance
                  Transaction; and (v) such Refinance Transaction shall be
                  completed (to include repayment in full of all indebtedness
                  owed to the Agent and the Lenders) not later than January 31,
                  2004. In each instance under this subparagraph w calling for
                  the review and response on behalf of the Required Lenders, the
                  Agent and the Lenders agree to respond in a diligent and
                  timely manner following receipt of all information required to
                  be delivered to them, and further agree that none of the
                  consents required under this subparagraph w shall be
                  conditioned on the payment of any fees not otherwise required
                  under the terms of this Amendment.

                           x. The Company shall continue to implement the cost
                  savings measures identified in the report submitted to the
                  Agent and the Lenders on May 20, 2002.

                           y. The Company shall pay or cause to be paid all
                  accrued but unpaid interest owing by its Australian Subsidiary
                  to Bank One, NA (including interest accruing during the
                  Improvement Period).

                           z. Notwithstanding the provisions of Section 5.2 of
                  this Amendment, for the period commencing November 1, 2003 and
                  ending January 31, 2004, the responsibility of the Company to
                  reimburse the Agent for the fees of AlixPartners, LLC shall
                  not exceed $75,000 in the aggregate (provided that such
                  limitation shall not apply if, during such period, there
                  occurs any Default under this Amendment).

                                       11

<PAGE>

                           aa. There shall be no other Default or Unmatured
                  Default under the Credit Agreement (as modified herein) or the
                  other Loan Documents (except for the March 2003 Defaults
                  expressly acknowledged and waived in this Amendment through
                  the effective date hereof).

Notwithstanding the provisions of this Section 1.2, all indebtedness of the
Borrowers to the Lenders shall be due and payable on demand in the discretion of
the Required Lenders (i) upon any failure of any one or more of the conditions
set forth in this Section 1.2 or (ii) upon expiration or termination of the
Improvement Period as provided in and subject to Section 1.6 hereof. Further,
any failure of any one or more of the conditions set forth in this Section 1.2
shall constitute a Default under the Loan Documents (without the necessity of
any notice or cure period).

     1.3 No Course of Dealing; Review of the Borrowers' Business Plan. The
Borrowers and the Guarantors acknowledge and agree that notwithstanding any
course of dealing between the Borrowers and the Lenders prior to the date
hereof, the Lenders shall have no obligation to make Loans to the Borrowers
outside of the strict conditions and requirements of the Credit Agreement (as
modified herein) nor to forbear from exercising available remedies except as
expressly set forth herein. Notwithstanding any past practice, the Borrowers and
the Guarantors agree that (i) the Agent and the Lenders shall not be obligated
or expected to honor any "overdrafts" or items for which funds of the Borrowers
are not immediately available, and (ii) the Agent and the Lenders shall not be
obligated or expected to provide any credit references on behalf of the
Borrowers, and any inquiries in this regard may be referred back to the
Borrowers or their advisors. The Agent and the Lenders shall be under no
obligation whatsoever to consent to the Borrowers' updated and revised business
plan as the same may be further revised from time to time, and instead the
Agent's and the Lenders' consideration of the Borrowers' updated and revised
business plan shall be undertaken by the Agent and the Lenders in their sole and
absolute discretion. The Agent's and the Lenders' consideration of the
Borrowers' updated and revised business plan shall be without prejudice to (i)
the possibility that the Agent or the Lenders may conclude that such business
plan, as further revised from time to time, does not adequately address the
Borrowers' defaults under the Loan Documents and/or the potential erosion of
collateral supporting the Borrowers' indebtedness to the Lenders, or (ii) the
right of the Agent or the Lenders, in accordance with the terms hereof, to
exercise rights or remedies available due to defaults under the Loan Documents
(as modified herein).

     1.4 Defaults. In addition to any events of default specified in the Loan
Documents, the following shall constitute a Default under this Amendment and
under the Loan Documents:

          a. Any Borrower or any Guarantor shall fail to comply with, perform or
observe any term, condition, covenant or agreement set forth in this Amendment;

          b. Any representation or warranty of Borrowers or Guarantors contained
in this Amendment shall be untrue in any material respect when made or shall,
during the term of this Amendment, become impaired, untrue or misleading;

          c. With the exception of the Milestone Defaults waived as set forth in
this Amendment, the occurrence of any new or further violation of the sections
of the Credit Agreement implicated by any of the Milestone Defaults;

          d. The occurrence of any default under the Senior Note Agreement;

          e. Any further change having a Material Adverse Effect shall occur in
business, properties, operations or condition (financial or otherwise) of any
Borrower or any Guarantor; or

                                       12

<PAGE>

          f. The Aggregate Total Outstandings of all Lenders shall on any date
exceed the Borrowing Base as of such date, and the Borrowers shall fail to pay
on such date not less than the amount of such excess for application against the
Aggregate Total Outstandings.

     1.5 Expiration; No Further Extension Implied. The Borrowers and the
Guarantors acknowledge that the Agent and the Lenders have no obligation to
extend the term of the Improvement Period or further extend the Facility
Termination Date, or forbear from enforcing their rights and remedies before the
end of the Improvement Period in the event of any failure of any one or more of
the terms and conditions expressed herein, that no course of dealing that would
permit arguing for further extensions contrary to the Lenders' wishes exists or
is capable of being inferred, and that nothing contained herein or otherwise is
intended to be a promise or agreement to continue to extend the term of the
Improvement Period beyond January 31, 2004 or the Facility Termination Date
beyond January 31, 2004 or to extend any further credit to the Borrowers except
as provided in the Credit Agreement as herein amended. Furthermore, no future
agreement by the Agent and the Lenders to continue to extend the term of the
Improvement Period beyond January 31, 2004 or the Facility Termination Date
beyond January 31, 2004 or any other agreement shall be valid or enforceable
unless it is contained in a final written agreement signed by authorized
representatives of the Agent and the Required Lenders (or, to the extent
required by Section 8.2 of the Credit Agreement, all of the Lenders).
Preliminary understandings or agreements on one or more issues during the course
of any negotiations and prior to the finalization thereof shall not be binding
unless and until such a final written agreement is executed on behalf of the
applicable parties.

     1.6 Remedies Upon Default or Termination. The Improvement Period shall
expire automatically upon the earlier to occur of:

          (i) a further Default or a default under this Amendment or any
document or agreement comprising the Loan Documents, and without notice or an
opportunity to cure such Default or default under this Amendment, or

          (ii) except as provided in a further written agreement (if any) among
the Borrowers, the Agent and the Required Lenders pertaining to the repayment of
the Borrowers' obligations, January 31, 2004.

Upon the expiration of the Improvement Period, if the Borrowers are not then in
full compliance with all provisions of the Loan Documents (as amended by this
Amendment but without the benefit of any waiver of defaults except as expressly
provided in Section 5.3 of the Second Amendment, Section 5.3 of the Sixth
Amendment, Section 5.3 of the Ninth Amendment and Section 5.3 of this
Amendment), upon the election of the Required Lenders but without further
notice, all of the Borrowers' obligations to the Lenders shall be immediately
due and payable (to the extent not already due and payable), all undertakings of
the Agent and the Lenders hereunder, including without limitation the Agent's
and the Lenders' forbearance, shall terminate without notice to the Borrowers
and without the requirement of any further action by or on behalf of the Agent
or the Lenders, the waiver of the Milestone Defaults as set forth in this
Amendment shall be deemed rescinded ab initio, and the Agent or the Lenders
shall have the right to exercise any remedies provided in this Amendment or any
of the Loan Documents, or under applicable law or in equity. All rights and
remedies of the Agent and the Lenders shall be cumulative and not exclusive, and
the Agent or the Lenders shall be entitled to pursue one or more rights and/or
remedies simultaneously or sequentially without the necessity of an election of
remedies.

     1.7 Reservation of Rights; No Waiver by Conduct. The Second Amendment, as
modified by the Third Amendment, the Fourth Amendment, the Fifth Amendment, the
Sixth Amendment, the Seventh

                                       13

<PAGE>

Amendment, the Eighth Amendment and the Ninth Amendment, and as further modified
by this Amendment, grants a limited forbearance until January 31, 2004 only, or
until an earlier Default, upon the terms and conditions set forth in the Second
Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, the
Sixth Amendment, the Seventh Amendment, the Eighth Amendment, the Ninth
Amendment and this Amendment. Excepting only the waiver of the Milestone
Defaults as set forth in this Amendment, nothing herein shall be deemed to
constitute a waiver of any new Unmatured Defaults or Defaults of any other
provision of any of the documents referred to herein, and nothing herein shall
in any way prejudice the rights and remedies of the Agent and/or the Lenders
under any of the documents referred to herein or applicable law. Further, the
Agent and the Lenders shall have the right to waive any conditions set forth in
this Amendment and/or such documents, in their sole discretion, and any such
waiver shall not prejudice, waive or reduce any other right or remedy which the
Agent or the Lenders may have against the Borrowers or the Guarantors. No waiver
of the rights or any condition of this Amendment and/or any other document by
the Agent or the Lenders shall be effective unless the same shall be contained
in a writing signed by authorized representatives of the Agent or the Lenders,
as the case may be, in the manner required by Section 8.2 of the Credit
Agreement. No course of dealing on the part of the Agent or the Lenders, nor any
delay or failure on the part of the Agent or the Lenders in exercising any
right, power or privilege hereunder shall operate as a waiver of such right,
power or privilege, nor shall any single or partial exercise thereof preclude
any further exercise thereof or the exercise of any other right, power or
privilege.

     1.8 Survival. All representations, warranties, covenants, agreements,
releases and waivers made by or on behalf of the Borrowers or any Guarantor
under this Amendment shall survive and continue after the expiration or
termination of the Improvement Period.

                                    ARTICLE 2.
                                   AMENDMENTS
                                   ----------

     Effective as of the Tenth Amendment Effective Date, the Credit Agreement
shall be amended as follows:

     2.1 The definition of "Facility Termination Date" in Section 1.1 of the
Credit Agreement is restated in its entirety as follows:

                  "Facility Termination Date" means January 31, 2004, or any
                  earlier date on which the Aggregate Commitment is reduced to
                  zero or otherwise terminated pursuant to the terms hereof.

     2.2 A new definition of "Tenth Amendment Effective Date" is added to
Section 1.1 of the Credit Agreement in appropriate alphabetical order, stating
as follows:

                  "Tenth Amendment Effective Date" shall mean October 31, 2003.

     2.3 Section 6.19.3 of the Credit Agreement is amended and restated in its
entirety as follows:

                  6.19.3 Minimum Consolidated Net Worth. The Company will at all
         times maintain Consolidated Net Worth of not less than (i) $1,252,000
         for the period from the Tenth Amendment Effective Date to and including
         December 30, 2003, and (ii) thereafter, $1,386,000.

                                       14

<PAGE>

     From the Tenth Amendment Effective Date and during the remainder of the
Improvement Period, the parties agree that Consolidated Net Worth shall be
calculated according to the definition set forth in the original Credit
Agreement (without giving effect to the adjustments referenced in prior
amendments to the Credit Agreement).

                                    ARTICLE 3.
                                 REPRESENTATIONS
                                 ---------------

     Each Borrower represents and warrants to the Agent and the Lenders that:

     3.1 The execution, delivery and performance by it of this Amendment are
within its powers, have been duly authorized by all necessary action and are not
in contravention with any law, rule or regulation, or any judgment, decree,
writ, injunction, order or award of any arbitrator, court or governmental
authority, of the terms of its Articles of Incorporation or By-laws, or any
contract or undertaking to which it is a party or by which it or its property is
or may be bound.

     3.2 This Amendment is its legal, valid and binding obligation, enforceable
against it in accordance with the terms hereof.

     3.3 No consent, approval or authorization of or declaration, registration
or filing with any governmental authority or any nongovernmental person or
entity, including, without limitation, any of its creditors or stockholders, is
required on its part in connection with the execution, delivery and performance
of this Amendment or as a condition to the legality, validity or enforceability
of this Amendment.

     3.4 After giving effect to the amendments herein contained, the
representations and warranties contained in Article V of the Credit Agreement
are true on and as of the date hereof with the same force and effect as if made
on and as of the date hereof.

                                   ARTICLE 4.
                      ADDITIONAL COVENANTS OF THE BORROWERS
                      -------------------------------------

     Each Borrower shall:

     4.1 Promptly perform and observe, and cause each Guarantor to perform and
observe, its respective obligations set forth in this Amendment.

     4.2 Cause each of the Guarantors to execute the Consent and Agreement at
the end of this Amendment.

     4.3 Upon request by the Agent, promptly prepare and deliver to the Agent
and the Lenders an updated and detailed business plan (which may consist of
updates and revisions to the plan submitted to the Lenders in May, 2001,
September, 2001, May, 2002 and August, 2002), viability analysis and financial
strategy to improve the Borrowers' business operations and financial condition,
which plan and strategy shall cover the period at least through June 30, 2004
and shall address, inter alia, repayment of the indebtedness owed to the
Lenders.

                                       15

<PAGE>

     4.4 Upon request by the Agent, promptly prepare and deliver to the Agent
and the Lenders an updated and detailed budget forecast for the remainder of the
Improvement Period and thereafter through June 30, 2004, including financial and
cash flow projections based upon Borrowers' business improvement plan, and such
budget forecast and projections shall be acceptable to the Required Lenders
(upon such acceptance, such budget forecast and projections shall be referred to
as the "Accepted Forecast"). The cash flow projections shall be based on a
rolling thirteen (13) week period. Projected capital expenditures shall be shown
in the projections as a separate line item. Not later than Wednesday of each
week, the Borrowers shall update all applicable line items of the Accepted
Forecast and cash flow projections to reflect actual results from the prior week
and on a cumulative basis, and shall prepare and deliver to the Agent and the
Lenders such update and a report of any variances between actual results and the
Accepted Forecast originally approved by the Required Lenders.

     4.5 Promptly deliver to the Lenders such information as has previously been
requested in writing by the Lenders, the Agent or the Agent's financial
consultant.

     4.6 Promptly execute and deliver, and cause each Guarantor to execute and
deliver, such other documents as the Agent or the Lenders may reasonably
request.

                                   ARTICLE 5.
                                 MISCELLANEOUS.
                                 -------------

     5.1 Cross References. References in the Credit Agreement or in any note,
certificate, instrument or other document to the "Credit Agreement" shall be
deemed to be references to the Credit Agreement as amended hereby and as further
amended from time to time.

     5.2 Expenses and Costs. Each Borrower, jointly and severally, agrees to pay
and to save the Agent and the Lenders harmless for the payment of all fees,
out-of-pocket disbursements, and other costs and expenses incurred by or on
behalf of the Agent or any Lender arising in any way in connection with this
Amendment, or any other document relating to indebtedness described in the
recitals to this Amendment, including the fees and expenses of Dickinson Wright
PLLC, counsel to the Agent, and AlixPartners, LLC, consultant to the Agent, and
specifically including, without limitation, (a) the cost of any financial audit
or inquiry conducted by the Agent, any Lender or their consultants, (b) the fees
and expenses of counsel for the Agent or any Lender for the work performed as a
result of the Borrowers' defaults or financial problems, and for the
preparation, examination and approval of this Amendment or any documents in
connection with this Amendment, (c) for the payment of all fees and
out-of-pocket disbursements incurred by the Agent or any Lender, including
attorneys' fees, in any way arising from or in connection with any action taken
by the Agent or any Lender to monitor, advise, enforce or collect the
obligations described in the recitals hereto or to enforce any obligations of
the Borrowers or any Guarantor under this Amendment or the other documents
referred to herein, including any actions to lift the automatic stay or to
otherwise in any way participate in any bankruptcy, reorganization or insolvency
proceeding of any Borrower or Guarantor or in any trial or appellate
proceedings, and (d) any expenses or fees (including attorneys' fees) incurred
in relation to or in defense of any litigation instituted by any Borrower, any
Guarantor or any third party against the Agent or any Lender arising from or
relating to the obligations described in the recitals hereto or this Amendment,
including any so-called "lender liability" action. All of these expenses and
fees (including attorneys' fees) shall be part of the Obligations owing under
the Credit Agreement, and shall be secured by all of the collateral described in
the Collateral Documents. In the event the Borrowers fail to pay any such fees,
expenses and costs within five (5) days of being invoiced therefor, the Agent or
the Lenders, as the case may be, shall be permitted to charge the accounts of
any Borrower for such fees, expenses and costs, without prejudice to any other
rights or remedies of the Agent or the Lenders. The rights and remedies of the
Agent

                                       16

<PAGE>
and the Lenders contained in this paragraph shall be in addition to, and
not in lieu of, the rights and remedies contained in the Credit Agreement, the
Collateral Documents and as otherwise provided by law.

     5.3 Waiver of Milestone Defaults. The Borrowers have requested that the
Lenders and the Agent waive the Milestone Defaults subject to the terms and
conditions set forth herein. Pursuant to such request, the Lenders and the Agent
hereby waive the Milestone Defaults for the period prior to the effectiveness of
this Amendment and, so long as there is no occurrence of a new Default (for
purposes hereof, a new Default includes a new or further violation of any of the
sections of the Credit Agreement implicated in any of the Milestone Defaults),
for the remainder of the Improvement Period. Such waiver shall not extend to any
period of time after the Improvement Period except to the extent expressly
provided in a further written agreement among the Borrowers and the Required
Lenders, provided that such waiver shall automatically survive the expiration of
the Improvement Period if the Borrowers are then in full compliance with all
provisions of the Loan Documents (as amended by this Amendment but without the
benefit of any waiver of defaults except as set forth in this Section 5.3 and in
Section 5.3 of each of the Second Amendment, the Sixth Amendment and the Ninth
Amendment). The Borrowers acknowledge and agree that the waiver contained herein
is a limited, specific and one-time waiver as described above. Such limited
waiver (a) shall not modify or waive any other term, covenant or agreement
contained in any of the Loan Documents, and (b) shall not be deemed to have
prejudiced any present or future right or rights which the Agent or the Lenders
now have or may have under this Amendment, the Credit Agreement (as modified
hereby) or the other Loan Documents

     5.4 Release. Each Borrower and each Guarantor represents and warrants that
it is not aware of any claims or causes of action against the Agent or any
Lender, any participant lender or any of their successors or assigns, and that
it has no defenses, offsets or counterclaims with respect to the indebtedness
owed by the Borrowers to the Lenders. Notwithstanding this representation and as
further consideration for the agreements and understandings herein, the
Borrowers and Guarantors, on behalf of themselves and their respective
employees, agents, executors, heirs, successors and assigns, hereby release the
Agent and the Lenders, their respective predecessors, officers, directors,
employees, agents, attorneys, affiliates, subsidiaries, successors and assigns,
from any liability, claim, right or cause of action which now exists or
hereafter arises as a result of acts, omissions or events occurring on or prior
to the date hereof, whether known or unknown, including but not limited to
claims arising from or in any way related to the Credit Agreement or the
business relationship among the Borrowers, the Guarantors, the Agent and the
Lenders.

     5.5 Performance by Lenders and Agent; No Agency; Borrowers Remain in
Control. Each Borrower and each Guarantor acknowledges and agrees that the Agent
and the Lenders have fully performed all of their obligations under the Credit
Agreement and all documents executed in connection with the Credit Agreement,
and that all actions taken by the Agent and the Lenders are reasonable and
appropriate under the circumstances and within their rights under the Credit
Agreement and all other documents executed in connection therewith and otherwise
available. The actions of the Agent and the Lenders taken pursuant to this
Amendment and the documents referred to herein are in furtherance of the efforts
of the Agent and the Lenders as secured lenders seeking to collect the
obligations owed to the Lenders. Nothing contained in this Amendment shall be
deemed to create a partnership, joint venture or agency relationship of any
nature among the Borrowers and the Lenders or the Agent. The Borrowers, the
Guarantors, the Agent and the Lenders agree that notwithstanding the provisions
of this Amendment, each Borrower remains in control of its business operations
and determines the business plans (including employment, management and
operating directions) for its business.

     5.6 Entire Agreement; Severability. The Credit Agreement, as previously
amended and as amended by this Amendment, constitutes the entire understanding
of the parties with respect to the subject matter hereof and may only be
modified or amended by a writing signed by the party to be charged. If any
provision of this Amendment is in conflict with any applicable statute or rule
of law or

                                       17

<PAGE>

otherwise unenforceable, such offending provision shall be null and void only to
the extent of such conflict or unenforceability, but shall be deemed separate
from and shall not invalidate any other provision of this Amendment.

     5.7 No Other Promises or Inducements. There are no promises or inducements
which have been made to any signatory hereto to cause such signatory to enter
into this Amendment other than those which are set forth in this Amendment. Each
Borrower and each Guarantor acknowledges that its authorized officers have
thoroughly read and reviewed the terms and provisions of this Amendment and are
familiar with same, that the terms and provisions contained herein are clearly
understood by the Borrower or Guarantor and have been fully and unconditionally
consented to by the Borrower or Guarantor, and that the Borrower or Guarantor
has had full benefit and advice of counsel of its own selection, or the
opportunity to obtain the benefit and advice of counsel of its own selection, in
regard to understanding the terms, meaning and effect of this Amendment, and
that this Amendment has been entered into by the Borrower and Guarantor freely,
voluntarily, with full knowledge, and without duress, and that in executing this
Amendment, the Borrower and Guarantor is relying on no other representations,
either written or oral, express or implied, made by any other party hereto, and
that the consideration hereunder received by the Borrower has been actual and
adequate.

     5.8 Sufficiency of Improvement Period. Each Borrower represents that: (a)
it has no intention to file or acquiesce in the filing of any bankruptcy or
insolvency proceeding hereafter, absent approval on behalf of the Agent and the
Lenders of such proceeding; and (b) the Improvement Period and forbearance
allowed by the Second Amendment, the Third Amendment, the Fourth Amendment, the
Fifth Amendment, the Sixth Amendment, the Seventh Amendment and the Ninth
Amendment (as modified herein) are sufficient for the Borrowers to accomplish
the commitments they have undertaken in the Second Amendment, the Third
Amendment, the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, the
Seventh Amendment and the Ninth Amendment (as modified herein).

     5.9 Ratification. The Borrowers agree that the Credit Agreement, the
Collateral Documents and all other documents and agreements executed by the
Borrowers or the Guarantors in connection with the Credit Agreement in favor of
the Agent, the Collateral Agent or any Lender are ratified and confirmed and
shall remain in full force and effect as amended hereby, and that there is no
set off, counterclaim or defense with respect to any of the foregoing. Terms
used but not defined herein shall have the respective meanings ascribed thereto
in the Credit Agreement.

     5.10 Counterparts; Effectiveness. This Amendment may be executed in any
number of counterparts with the same effect as if the signatures thereto and
hereto were upon the same instrument. Facsimile copies of signatures shall be
treated as original signatures for all purposes under this Amendment. This
Amendment shall become effective as of October 31, 2003 when each of the
following has been satisfied:

     (a) Receipt by the Agent of counterparts of this Amendment duly executed by
each Borrower and each Lender, and counterparts of the Consent and Agreement
annexed hereto duly executed by each Guarantor.

     (b) With respect to any interest, fees or other charges previously required
to be paid by either Borrower under the terms of any waiver letter, extension
letter, amendment or other agreement, receipt by the Agent of full payment of
such interest, fees or other charges.

     (c) Payment of the amendment fee required under this Amendment. In the
event such fee is not received immediately upon execution of this Amendment by
the Borrowers, the Agent is authorized at any time thereafter to charge the
Company's account(s) in the amount of such fee.

                                       18
<PAGE>

     (d) Receipt by the Agent of copies, certified by the Secretary or Assistant
Secretary of each Borrower and each Guarantor, of its Board of Directors'
resolutions and of resolutions or actions of any other body authorizing the
execution of this Amendment and all Collateral Documents to be executed in
connection herewith to which such Borrower or such Guarantor, as applicable, is
a party.

     (e) Receipt by the Agent of an incumbency certificate, executed by the
Secretary or Assistant Secretary of each Borrower and each Guarantor, which
shall identify by name and title and bear the signatures of the Authorized
Officers and any other officers of each Borrower and each Guarantor authorized
to sign this Amendment and all Collateral Documents to be executed in connection
herewith to which each Borrower and each Guarantor is a party, upon which
certificate the Agent and the Lenders shall be entitled to rely until informed
of any change in writing by such Borrower and such Guarantor.

     (f) Receipt by the Agent of a written opinion of the general counsel of the
Borrowers and the Guarantors, addressed to the Agent and Lenders and in form and
substance satisfactory to the Agent.

     (g) To the extent not previously delivered, receipt by the Agent (within
five days following written request by the Agent, or within such longer period
of time as may be acceptable to the Agent) of executed copies of all Collateral
Documents and other documents in connection therewith requested by the Agent,
together with all necessary consents and other related documents in connection
therewith, insurance certificates, financing statements, environmental reports,
opinions of foreign counsel, original stock certificates and related transfer
powers, UCC, judgment and other lien and encumbrance searches, title searches
and insurance, surveys and other documents required by the Agent.

     (h) The Company and the Noteholders shall have executed an amendment to the
Senior Note Agreement, which amendment shall be satisfactory in form and
substance to the Agent and shall not expire by its terms prior to the Facility
Termination Date.

     (i) Delivery of such other agreements and documents, and the satisfaction
of such other conditions as may be reasonably required by the Agent, including
without limitation a solvency certificate of each Borrower, and such evidence of
the perfection and priority of all liens and security interests as required by
the Agent, all of which shall be satisfactory to the Agent and its counsel to
the extent required by the Agent.

     5.11 Other Documents. Each Borrower and each Guarantor agrees to execute
and deliver any and all documents reasonably deemed necessary or appropriate by
the Agent or the Lenders to carry out the intent of and/or to implement this
Amendment.

     5.12 Governing Law. This Amendment shall be governed by and construed in
accordance with the laws of the State of Michigan without giving effect to
choice of law principles of such State.

     5.13 Miscellaneous. This Amendment is made for the sole benefit and
protection of the Borrowers, the Agent and the Lenders and their respective
successors and permitted assigns (provided that the Borrowers shall not be
permitted, absent the prior written consent of all of the Lenders, to assign any
of their respective rights or obligations under this Amendment). No other person
or entity shall have any rights whatsoever under this Amendment. Time shall be
of the strictest essence in the performance of each and every one of the
Borrowers' obligations hereunder.

     5.14 Construction. This Amendment shall not be construed more strictly
against the Lenders or the Agent merely by virtue of the fact that the same has
been prepared by the Lenders and the Agent or their counsel, it being recognized
that the Borrowers, the Guarantors, the Agent and the Lenders have

                                       19

<PAGE>

contributed substantially and materially to the preparation of this Amendment,
and each of the parties hereto waives any claim contesting the existence and the
adequacy of the consideration given by any of the other parties hereto in
entering into this Amendment.

     5.15 Headings. The headings of the various paragraphs in this Amendment are
for convenience of reference only and shall not be deemed to modify or restrict
the terms or provisions hereof.

     5.16 Waiver of Jury Trial; Consent to Jurisdiction. (a) The Borrowers, each
Guarantor, each Lender and the Agent hereby specifically ratifies and confirms
the waiver of jury trial set forth in Section 16.2 of the Credit Agreement.
Without limiting the generality of the preceding ratification and confirmation,
the Borrowers, each Guarantor, each Lender and the Agent, after consulting or
having had the opportunity to consult with counsel, knowingly, voluntarily and
intentionally waives any right any of them may have to a trial by jury in any
litigation or proceeding based upon or arising out of this Amendment or any
related instrument or agreement or any of the transactions contemplated by this
Amendment or any conduct, dealing, statements (whether oral or written) or
actions of any of them. None of the Borrowers, the Guarantors, the Lenders or
the Agent shall seek to consolidate, by counterclaim or otherwise, any such
action in which a jury trial has been waived with any other action in which a
jury trial cannot be or has not been waived. These provisions shall not be
deemed to have been modified in any respect or relinquished by any party hereto
except by a written instrument executed by such party.

     (b) Each Borrower and each Guarantor agrees that any legal action or
proceeding with respect to this Amendment or any related instrument or
agreement, including the Credit Agreement as previously amended and as amended
hereby, or with respect to the transactions contemplated hereby, may be brought
in any court of the State of Michigan, sitting in or having jurisdiction over
the County of Wayne, Michigan, or in any federal court located within the
Eastern District of Michigan, and Borrowers and Guarantors hereby submit to and
accept generally and unconditionally the non-exclusive jurisdiction of those
courts with respect to their person and property and irrevocably consent to
service of process in connection with any such action or proceeding by mailing
such service of process (certified or registered, if capable of certification or
registration) to Borrowers and/or Guarantors at the address they may have from
time to time provided to the Agent. Borrowers and Guarantors hereby irrevocably
waive any objection based upon jurisdiction, improper venue or forum non
conveniens in any such suit or proceeding in the above-described courts. Nothing
contained herein shall limit the right of the Agent or the Lenders to serve
process in any other manner permitted by law or limit the right of the Agent or
the Lenders to commence any such action or proceeding in the courts of any other
jurisdiction. Any judicial proceeding by any Borrower or any Guarantor against
the Agent or any Lender involving this Amendment shall be brought only in a
court in Wayne County, Michigan or federal court located within the Eastern
District of Michigan.

                             [signatures next page]

                                       20
<PAGE>

     IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed and delivered as of the date and year first above written.

                                  CORRPRO COMPANIES, INC.

                                  By: /s/ Robert M. Mayer
                                     ---------------------------------------

                                  Title: Senior Vice President
                                        ------------------------------------

                                  CSI COATING SYSTEMS INC.

                                  By: /s/ Robert M. Mayer
                                     ---------------------------------------

                                  Title:   Vice President
                                         -----------------------------------

                                  BANK ONE, NA, AS AGENT AND AS A LENDER

                                  By: /s/ Gaye C. Plunkett
                                     ---------------------------------------

                                  Title:   First Vice President
                                         -----------------------------------

                                  LINC ACQUISITION ONE LLC

                                  By: /s/ Robert S. Pareel
                                     ---------------------------------------

                                  Title:   Vice President
                                         -----------------------------------

                                  KEY BANK

                                  By: /s/ Anne R. Hohl
                                     ---------------------------------------

                                  Title:   Vice President
                                         -----------------------------------

                                  FIRSTMERIT BANK

                                  By: /s/ Edward J. Yannayon
                                     ---------------------------------------

                                  Title:   Senior Vice President
                                         -----------------------------------

                                       21

<PAGE>

                                 COMERICA BANK

                                 By: /s/ Ronald Sluyter
                                    ---------------------------------------

                                 Title:   Officer
                                        -----------------------------------

                                 FIFTH THIRD BANK

                                 By: /s/ Raimo J. deVries
                                    ---------------------------------------

                                 Title:   Assistant Vice President
                                        -----------------------------------

                                       22

<PAGE>

                       CONSENT AND AGREEMENT OF GUARANTORS
                       -----------------------------------

     As of the date and year first above written, each of the undersigned
hereby:

     (a) fully consents to the terms and provisions of the above Amendment and
the consummation of the transactions contemplated thereby and agrees to all
terms and provisions of the above Amendment applicable to it;

     (b) agrees that each Guaranty, Collateral Document and all other agreements
executed by any of the undersigned in connection with the Credit Agreement or
otherwise in favor of the Agent or the Lenders (collectively, the "Guarantor
Documents") are hereby ratified and confirmed and shall remain in full force and
effect, and each of the undersigned acknowledges that it has no setoff,
counterclaim or defense with respect to any Guarantor Document; and

     (c) acknowledges that its consent and agreement hereto is a condition to
the Lenders' obligation under this Amendment and it is in its interest and to
its financial benefit to execute this consent and agreement.

                                  GOOD-ALL ELECTRIC, INC.

                                  By: /s/ Robert M. Mayer
                                     ---------------------------------------

                                  Title:   Vice President
                                         -----------------------------------

                                  OCEAN CITY RESEARCH CORP.

                                  By: /s/ Robert M. Mayer
                                     ---------------------------------------

                                  Title:   Vice President
                                         -----------------------------------

                                   CCFC, INC.

                                  By: /s/ Robert M. Mayer
                                     ---------------------------------------

                                  Title:   Vice President
                                         -----------------------------------

                                       23

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