Document:

Amendment No. 7 to the Loan and Security Agreement

 Exhibit 10.1 
 AMENDMENT NO. 7 TO THE LOAN AND SECURITY AGREEMENT 
 DATED AS OF JANUARY 31, 2002 
 AMONG LASALLE BANK NATIONAL ASSOCIATION, AS A LENDER 
 AND AS AGENT FOR THE LENDERS, THE LENDERS 
 AND COBRA ELECTRONICS CORPORATION 
 THIS AMENDMENT NO. 7 (this “Amendment”) is made as of the 22nd day of February, 2006 to the Loan and Security Agreement dated January 31,
2002 (as amended from time to time, the “Loan Agreement”); unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to them in the Loan Agreement among Cobra Electronics Corporation
(“Borrower”), LaSalle Bank National Association as agent (“Agent”) for itself (in its individual capacity, “LaSalle”) and the other Lenders from time to time party thereto. 
 WHEREAS, Borrower has requested that Agent and Lenders amend certain provisions of the Loan Agreement and Agent and Lenders have agreed to do so subject
to the terms and conditions hereof. 
 NOW, THEREFORE, in consideration of the foregoing, and the mutual covenants herein contained, and such
other consideration as the parties mutually agree, the parties hereto agree as follows: 
 1. Amendment. Borrower, Agent and Lenders
agree to amend the Loan Agreement as follows: 
 (a) Section 13(d) of the Loan Agreement is hereby amended and restated in its entirety,
as follows: 
 (d) Mergers, Sales, Acquisitions, Subsidiaries and Other Transactions Outside the Ordinary Course of
Business. 
 Borrower shall not (i) enter into any merger or consolidation; (ii) change the state of
Borrower’s organization or enter into any transaction which has the effect of changing Borrower’s state of organization (iii) sell, lease or otherwise dispose of any of its assets other than in the ordinary course of business and
sales of Accounts pursuant to a Factoring Arrangement; (iv) purchase the stock, other equity interests or all or a material portion of the assets of any Person or division of such Person; or (v) enter into any other transaction outside the
ordinary course of Borrower’s business, including, without limitation, any purchase, redemption or retirement of any shares of any class of its stock or any other equity interest, and any issuance of any shares of, or warrants or other rights
to receive or purchase any shares of, any class of its stock or any other equity interest except (A) in connection with Borrower’s stock option plans as in effect on the date hereof or arising after the date hereof (but subject to any
limitations set forth in clause (B) of this subsection) and (B) Borrower may repurchase any of its shares of stock on the 

 open market or pay cash dividends or distributions on its shares of stock so long as (x) the
aggregate amount of such purchases, dividends and distributions does not exceed $3,000,000 during any calendar year or $5,000,000 from the date hereof through the end of the Original Term, (y) after giving effect to any such payment, Borrower
shall have Excess Availability of at least $5,000,000 and (z) as of the end of the month immediately preceding the date of such purchase EBIT, for the 12 month period ending on such date, minus the amount of such purchase, dividend or
distribution, shall exceed $5,000,000 and (C) Borrower and its Subsidiaries may enter into Permitted Acquisitions so long as no Event of Default is then continuing or would be caused thereby. Borrower shall promptly notify Agent of the filing
of any Rule 13-d filing with the Securities Exchange Commission in respect of Borrower’s stock. Borrower shall not form any Subsidiaries or enter into any joint ventures or partnerships with any other Person. 
 (b) Section 13(e) of the Loan Agreement is hereby amended and restated in its entirety, as follows: 
 (e) Dividends and Distributions. 
 Borrower shall not declare or pay any cash dividend or other distribution on any class of its stock except as expressly permitted pursuant to subsection 13(d). 
 2. Representations and Warranties of Borrower. Borrower represents and warrants that, as of the date hereof: 
 (a) Borrower has the right and power and is duly authorized to enter into this Amendment and all other agreements executed in connection herewith;

 (b) After giving effect to this Amendment, no Event of Default or an event or condition which upon notice, lapse of time or both will
constitute an Event of Default has occurred and is continuing; 
 (c) The execution, delivery and performance by Borrower of this Amendment
and the other agreements to which Borrower is a party (i) have been duly authorized by all necessary action on its part; (ii) do not and will not, by the lapse of time, giving of notice or otherwise, violate the provisions of the terms of
its Certificate of Incorporation or By-Laws, or of any mortgage, indenture, security agreement, contract, undertaking or other agreement to which Borrower is a party, or which purports to be binding on Borrower or any of its properties;
(iii) do not and will not, by lapse of time, the giving of notice or otherwise, contravene any governmental restriction to which Borrower or any of its properties may be subject; and (iv) do not and will not, except as contemplated in the
Loan Agreement, result in the imposition of any lien, charge, security interest or encumbrance upon any of Borrower’s properties under any indenture, mortgage, deed of trust, loan or credit agreement or other agreement or instrument to which
Borrower is a party or which purports to be binding on Borrower or any of its properties; 
  

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 (d) No consent, license, registration or approval of any governmental authority, bureau or agency is
required in connection with the execution, delivery, performance, validity or enforceability of this Amendment and the other agreements executed by Borrower in connection herewith; 
 (e) This Amendment and the other agreements executed by Borrower in connection herewith have been duly executed and delivered by Borrower and are
enforceable against Borrower in accordance with their terms; and 
 (f) All information, reports and other papers and data heretofore
furnished to Agent by Borrower in connection with this Amendment, the Loan Agreement and Other Agreements are accurate and correct in all material respects and complete insofar as may be necessary to give Agent true and accurate knowledge of the
subject matter thereof. Borrower has disclosed to Agent every fact of which it is aware which would reasonably be expected to materially and adversely affect the business, operations or financial condition of Borrower or the ability of Borrower to
perform its obligations under this Amendment, the Loan Agreement or under any of the Other Agreements. None of the information furnished to Agent by or on behalf of Borrower contained any material misstatement of fact or omitted to state a material
fact or any fact necessary to make the statements contained herein or therein not materially misleading. 
 3. Conditions Precedent.
The amendments to the Loan Agreement set forth in this Amendment shall become effective as of the date of this Amendment upon the execution of the Amendment by all parties hereto. 
 4. Fees and Expenses. Borrower agrees to pay all legal fees and other expenses, whether for in-house or outside counsel, incurred by Agent in
connection with this Agreement and the transactions contemplated hereby. 
 5. Loan Agreement Remains in Force. Except as specifically
amended hereby, all of the terms and conditions of the Loan Agreement shall remain in full force and effect and this Agreement shall not be a waiver of any rights or remedies which Agent or Lenders have provided for in the Loan Agreement and all
such terms and conditions are herewith ratified, adopted, approved and accepted. 
 6. Additional Documents. Upon the request of
Agent, Borrower will cause to be done, executed, acknowledged and delivered all such further acts, conveyances and assurances as Agent from time to time may reasonably request of Borrower for accomplishing the transaction referred to herein.

 7. No Novation. This Amendment and all other agreements executed by Borrower on the date hereof are not intended to nor shall be
construed to create a novation or accord and satisfaction, and shall only be a modification and extension of the existing Liabilities of Borrower to Lenders. 
  

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 8. Entire Agreement. This Amendment and the other documents it refers to comprise the entire
agreement relating to the subject matter they cover and supersede any and all prior written or oral agreements among Agent, Lenders and Borrower relating thereto. 
 9. Severability. Any provision of this Amendment that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability
without invalidating the remaining provisions hereof or affecting the validity or enforceability of such provision in any other jurisdiction. 
 Except as expressly provided for herein, the terms and conditions of the Loan Agreement shall remain in full force and effect. 
  

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 IN WITNESS WHEREOF, Borrower, Agent and Lenders have caused this Amendment to be duly executed by their
proper duly authorized officers oaf the day and year first set forth above. 
  

			
	 LASALLE BANK NATIONAL
 ASSOCIATION, as Agent and as a Lender

		
	 By
	 	 /s/ Steven M. Marks

	 Its
	 	 Senior Vice President

	
	 NATIONAL CITY BANK OF
 MICHIGAN/ILLINOIS, as a Lender

		
	 By
	 	 /s/ Michael L. Monninger

	 Its
	 	 Vice President

	
	 US BANK, NATIONAL ASSOCIATION,
 successor by merger to Firstar Bank, N.A., as a Lender

		
	 By
	 	 /s/ Timothy A. Fossa

	 Its
	 	 Senior Vice President

	
	 COBRA ELECTRONICS CORPORATION

		
	 By
	 	 /s/ Michael Smith

	 Its
	 	 Senior Vice President and Chief Financial Officer

  

 -5-Non-Solicitation Agreement

 Exhibit 10.1 
 NON-SOLICITATION AGREEMENT 
 THIS NON-SOLICITATION AGREEMENT (“Agreement”) is made
as of the 27th day of February, 2006 by and between FEDERAL REALTY INVESTMENT TRUST (“Trust”) and MARK S. ORDAN. 
 RECITALS 
 A. Mr. Ordan serves as a trustee on the Board of Trustees of the Trust (“Board”).

 B. In connection with Mr. Ordan’s accepting a position with The Mills Corporation, a retail real estate company in the
Washington, DC metropolitan area (“Mills”), and as required by the Trust’s Corporate Governance Guidelines, Mr. Ordan submitted to the Board an offer to resign his position as a trustee. 
 C. The Board has determined that it is in the best interests of the shareholders of the Trust for Mr. Ordan to continue to serve on the Board
provided that Mr. Ordan executes this Agreement. 
 NOW THEREFORE, in consideration of Mr. Ordan’s continuation of
service on the Board, including the fees to be paid to Mr. Ordan for such service, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Trust and Mr. Ordan hereby agree as
follows: 
 1. Recitals. The recitals set forth above are hereby incorporated in their entirety. 
 2. Restrictions on Solicitation and Hiring. 
 (a) During the term of Mr. Ordan’s service on the Board and for two (2) years after the date on which such service ends (the “Post-Termination Period”), Mr. Ordan hereby agrees
that he will not, for any reason whatsoever, directly or indirectly, for himself or on behalf of or in conjunction with any other person, persons, company, firm, partnership, corporation, business, group or other entity (each, a “Person”),
solicit any Person who is at the time of termination of Mr. Ordan’s service on the Board, or has been within six (6) months prior to the time of termination of such service, an employee of the Trust or its affiliates, for the purpose
or with the intent of enticing such employee away from or out of the employ of the Trust or its affiliates. This Agreement is made so that the Trust can maintain an uninterrupted work force. Mr. Ordan will not hire any employee of the Trust, either
during his term or within six (6) months after the expiration of his term, without the consent of the Trust’s Chief Executive Officer. 
 (b) The restrictions in Section 2(a) shall lapse and have no further force or effect in the Post-Termination Period if: (i) Mr. Ordan’s service on the Board ends as a result of a change of control of the
Trust. For purposes of this Agreement, a change of control shall be deemed to have occurred if payments are made to any executive officer of the Trust pursuant to any change of control arrangement in place between the Trust and such executive
officer; or (ii) Mr. Ordan ceases being employed by Mills and is not employed by any other retail real estate company. 
 (c)
Because of the difficulty of measuring economic losses to the Trust as a result of a breach of the restriction in Section 2(a), and because of the immediate and irreparable damage that could be caused to the Trust for which it would
have no other adequate remedy, Mr. Ordan agrees that, in addition to and not in limitation of any other rights, remedies or damages available to the Trust at law, in equity or under this Agreement, the Trust may enforce any breach or threatened
breach of the restriction in Section 2(a) by an injunction and/or restraining order. 
 (d) The parties hereby agree that
the restriction in Section 2(a) imposes a fair and reasonable restraint on Mr. Ordan in light of the activities and business of the Trust on the date of the execution of this Agreement and the current plans of the Trust; but it is
also the intent of the Trust and Mr. Ordan that such restriction be construed and enforced in accordance with the changing activities, business and locations of the Trust and its affiliates for so long as such restriction remains in place.

 (e) The Post Termination Period shall be calculated by excluding therefrom any time during which
Mr. Ordan is in violation of Section 2(a) of this Agreement. 
 3. Severability/Unenforceablity. The
provisions in this Agreement are severable and separate, and the unenforceability of any specific provision shall not affect any other provision in this Agreement. If any court of competent jurisdiction determines that all or any portion of the
restrictions in Section 2(a) of this Agreement are unreasonable, then such restrictions be enforced to the fullest extent that such court deems reasonable, and the Agreement shall be reformed to reflect the same. Further, if any
applicable law, judicial ruling or order shall reduce the time period during which Mr. Ordan is subject to the restriction in Section 2(a), the period of time for which Mr. Ordan shall be subject to such restriction shall be
the maximum time permitted by law. 
 4. Enforcement Costs. In the event either party takes action to enforce this Agreement,
the prevailing party shall be entitled to recover reasonable attorney’s fees and expenses plus other costs and ancillary expenses incurred in connection with such enforcement action. 
 5. Governing Law. The provisions of this Agreement shall be governed by the laws of the State of Maryland, without regard to the conflicts
of laws provisions thereof. 
 6. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall
be deemed to be an original, but all of which together shall constitute one and the same instrument; provided, however, in no event shall this Agreement be effective unless and until signed by both parties hereto. 
 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written. 
  

			
	FEDERAL REALTY INVESTMENT TRUST
		
	By:	 	 /s/ Donald C. Wood

		 	Donald C. Wood
		 	President and Chief Executive Officer
	
	 /s/ Mark S. Ordan

	MARK S. ORDAN

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