Document:

Exhibit
10.12

LOAN
MODIFICATION AGREEMENT NO. 3

Preamble:  This Loan Modification Agreement (this “Agreement”),
dated as of February 21, 2007 (the “Amendment Date”), is made by and
among Wells Fargo Bank, National Association, acting through its Wells Fargo
Business Credit operating division, as Agent; each Person identified as a “Lender”
on the signature page hereof, as lenders; and each Person identified as a “Borrower”
on the signature page hereof, as borrowers (each, a “Borrower”, and,
collectively, the “Borrowers”), for the purpose of amending or otherwise
modifying the terms of that certain Credit Agreement, dated as of
August 12, 2005 (which, as it has been, or hereafter may be, modified or
amended, the “Credit Agreement”), among Borrowers, the various lenders
from time to time party thereto (the “Lenders”) and Wells Fargo Bank,
National Association, acting through its Wells Fargo Business Credit operating
division, as a Lender and as agent for the Lenders (in such capacity, the “Agent”).  Now, therefore, in consideration of the
mutual promises contained herein and in the Credit Agreement, the receipt and
sufficiency of which are hereby acknowledged, the Agent, the Lenders and the
Borrowers, each intending to be legally bound, agree as follows:

1.             Definitions.  Capitalized terms used herein, but not
expressly defined themselves herein, shall have the meanings given to such
terms in the Credit Agreement.

2.             Successor Agent.  The Borrowers acknowledge that,
contemporaneously with the consummation of this Agreement, Wells Fargo Bank,
National Association, acting through its Wells Fargo Business Credit operating
division (“Wells Fargo”), has become the Agent, replacing UPS Capital
Corporation (“UPS”).  Each
Borrower consents to such change and agrees to take such actions as Wells Fargo
may reasonably request in connection with the transition of the role of the
Agent from UPS to Wells Fargo.

3.             Consent to Sale of Stock of CCI.  Notwithstanding the definition of “Change in
Control” set forth in Section 1.1 and the prohibitions set forth in Sections
6.2.9 and 6.2.10 of the Credit Agreement, the Agent and the Lenders hereby
consent to Holdings’ sale of 100% of the outstanding capital stock of CCI (the “CCI
Stock”) to the Riley Investment Management LLC and Country Coach Holdings
LLC (collectively, “Purchaser”) in exchange for a purchase price, net of
all expenses payable by the Borrowers, of not less than Thirty-five Million
Dollars ($35,000,000) (such sale is hereafter referred to as the “CCI Stock
Sale”); subject, however, to the following conditions: (a)
prior to the consummation of the CCI Stock Sale, the Borrowers, the Lenders and
the Agent shall have executed this Amendment and each of the conditions
precedent to the effectiveness hereof set forth in Section 24 hereof shall have
been satisfied; (b) the Borrowers shall have delivered to the Agent and the
Lenders copies of the documents pertaining to the CCI Stock Sale, all of which
shall be satisfactory in form and substance to Agent and Lenders; and (c) the net
cash proceeds of the CCI Stock Sale shall be in the amount of at least
Thirty-five Million Dollars ($35,000,000) and such amount shall have been paid
to the Agent for application in payment of Working Capital Facility Loans and
as otherwise described in that certain Funds Flow Agreement of even date
herewith among the Agent, UPS, the Borrowers and Purchaser, and the balance of
such net proceeds shall be used by the Borrowers for general working capital
purposes.  Such consent is limited to the
CCI Stock Sale and shall not

be deemed to be a consent
to any other matter prohibited pursuant to the Credit Agreement or a waiver of
any Default or Event of Default.  Such
consent shall be void and of no further force or effect on February 23, 2007,
unless on or prior to such date each of the conditions specified in the first
sentence of this Section 3 has been satisfied and the CCI Stock Sale has been
consummated.  The failure of the
Borrowers to cause each of the conditions set forth in this Section 3 to be
satisfied, and the CCI Stock Sale to be consummated, on or prior to February
23, 2007, shall constitute an Event of Default under the Credit Agreement.  The parties hereto agree that the CCI Stock
Sale, if consummated in accordance with this paragraph, shall not constitute a
Change in Control.

4.             No Further Loans to CCI.  From and after the consummation of the CCI
Stock Sale, (a) CCI shall have no right to receive any Loans, Letters of Credit
or other credit accommodations from the Agent or any Lender under the Credit
Agreement and the other Loan Documents, (b) no assets of CCI shall be included
in the Borrowing Base, and (c) CCI shall no longer constitute a “Borrower”
under the Credit Agreement and the other Loan Documents.  CCI is entering into this Agreement to acknowledge
this paragraph and to avoid any doubt that all Borrowers have agreed to the
amendments contained herein, and CCI and the other Borrowers agree that CCI’s
signature shall not be necessary for any further amendments to the Credit
Agreement or any other Loan Document.

5.             Obligations.  The definition of “Obligations” set forth in
Section 1.1 of the Credit Agreement shall be deemed to be amended to read as
follows:

“Obligations”
means all obligations of each and every Loan Party with respect to the payment
or performance of any obligations (monetary or otherwise) of such Loan Parties
arising under or in connection with this Agreement, the Notes or any other Loan
Document.  “Obligations” shall also
include, with respect to Wells Fargo Bank, National Association (“Wells
Fargo”), any and all advances, debts, obligations and liabilities of any
Loan Party to Wells Fargo, heretofore, now or hereafter made, incurred or
created, whether voluntary or involuntary and however arising, whether due or
not due, absolute or contingent, liquidated or unliquidated, determined or
undetermined, including under any swap, derivative, foreign exchange, hedge,
deposit, treasury management or other similar transaction or arrangement at any
time entered into by any Loan Party with Wells Fargo, and whether such Loan
Party may be liable individually or jointly with others, or whether recovery
upon such Obligations may be or hereafter becomes unenforceable.

6.             Reduction in Working Capital
Facility Commitment Amount.  The
Working Capital Facility Commitment Amount shall be permanently reduced from
Forty Million Dollars ($40,000,000) to Fifteen Million Dollars ($15,000,000).

In furtherance of the foregoing:

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(a)                                  The
definition of “Working Capital Facility Commitment Amount” set forth in Section
1.1 of the Credit Agreement shall be deemed to be amended to read as follows:

“Working Capital Facility Commitment Amount”
means Fifteen Million Dollars ($15,000,000).

(b)                                 Section
2.3 of the Credit Agreement shall be deemed to be deleted in its entirety and
replaced with the words “intentionally omitted”.

7.             Reduction in Inventory Sublimit.  The Inventory Sublimit shall be permanently
reduced from Twenty-Four Million Dollars ($24,000,000) to Nine Million Dollars
($9,000,000).  In furtherance of the
foregoing, the definition of “Inventory Sublimit” set forth in Section 1.1 of
the Credit Agreement shall be deemed to be amended to read as follows:

“Inventory Sublimit” means Nine Million Dollars
($9,000,000).

8.             Reduction in Letter of Credit
Sub-Facility Amount.  The Letter of
Credit Sub-Facility limit shall be permanently reduced from Eight Million
Dollars ($8,000,000) to Three Million Dollars ($3,000,000).  In furtherance of the foregoing, the
definition of “Letter of Credit Sub-Facility Amount” set forth in Section 1.1
of the Credit Agreement shall be deemed to be amended to read as follows:

“Letter of Credit Sub-Facility Amount” means
Three Million Dollars ($3,000,000).

9.             Borrowing Procedures.  The Credit 
Agreement shall be deemed to be amended to replace the reference to “12:00
Noon, Atlanta, Georgia time” in Section 3.1(ii) with “11:00 a.m., Atlanta,
Georgia time”.

10.           No Fee Letter.  Other than any amounts due to UPS on the
Amendment Date pursuant to the Fee Letter, the Borrowers shall not have any
further obligations under the Fee Letter. 
In furtherance of the foregoing, Section 2.4(d) of the Credit Agreement
shall be deemed to be deleted in its entirety and replaced with the words “intentionally
omitted”.

11.           Interest Rate.  Each Borrower agrees that, commencing on the
Amendment Date and continuing thereafter, (a) the Borrowers shall not be
permitted to borrow LIBOR Loans, and (b) the Loans shall bear interest at the
Prime Rate (as amended hereby) plus 1.50% per annum.

In furtherance of the foregoing:

(a)                                  The
definition of “Prime Rate” set forth in Section 1.1 of the Credit Agreement
shall be deemed to be amended to read as follows:

“Prime Rate” means
at any time the rate of interest most recently announced by Wells Fargo Bank,
National Association (“Wells Fargo”) at its principal office as its
Prime Rate, with the understanding that the Prime Rate is one of Wells Fargo’s
base

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rates, and serves as the
basis upon which effective rates of interest are calculated for those loans
making reference thereto, and is evidenced by the recording thereof in such
internal publication or publications as Wells Fargo may designate.  Each change in the rate of interest shall
become effective on the date each Prime Rate change is announced by Wells
Fargo.

(b)                                 Section
3.4.1 and Section 3.4.2 shall be deemed to be amended to read as follows:

Section 3.4.1 Loan Rates. Subject to Section 3.4.3,
each Borrowing of Working Capital Facility Loans shall accrue interest at a
rate per annum equal to the Prime Rate as in effect from time to time plus one
and one-half percent (1.50%).

Section 3.4.2 Intentionally Omitted.

12.           Borrowing Base Certificates.  With reference to Section 6.1.1(i) of the
Credit Agreement, each Borrower agrees that, commencing on the Amendment Date
and continuing thereafter, Borrowers’ Representative shall deliver to each
Lender and the Agent Borrowing Base Certificates and all supporting schedules
and documentation required pursuant to such Section 6.1.1(i) on a weekly basis
by Wednesday of each week (or, if Wednesday is not a Business Day, on the next
day which is a Business Day) prepared as of the last Business Day of the
preceding week; provided, however, that nothing contained herein
shall limit the right of the Agent to require more frequent delivery at any
time as provided in Section 6.1.1(i).

13.           Field Audits.  With reference to the last sentence of
Section 6.1.7 of the Credit Agreement, each Borrower agrees that commencing on
the Amendment Date and continuing thereafter, the Borrowers shall be obliged to
reimburse the Agent on demand (in the amounts specified in such sentence) for
field audits conducted on a ninety (90) day audit cycle (rather than a one
hundred twenty (120) day audit cycle as provided therein); provided, however,
that nothing contained herein shall limit the right of the Agent to be
reimbursed for more frequent field audits whenever an Event of Default exists
as provided in such Section 6.1.7.  In
addition to such field audits on a ninety (90) day audit cycle, the Borrower
shall reimburse the Agent for a field audit to be conducted within thirty (30)
days of the Amendment Date in the manner provided in Section 6.1.7.

14.           Waiver of Events of Default
resulting from failure to comply with Financial Covenants.  The Lenders hereby (a) waive the Events of
Default resulting from the Borrowers’ failure to comply with the requirements
of Section 6.2.4 of the Credit Agreement for their Fiscal Months ending October
31, 2006, November 30, 2006 and December 31, 2006, such waiver being limited to
such Events of Default and not to be deemed to be a waiver of any other Default
or Event of Default presently or hereafter existing, and (b) agree that the
covenant set forth in Section 6.2.4 with respect to Borrowers’ Fiscal Month
ending January 31, 2007 shall not apply.

15.           Amendment of Financial Covenants.  Section 6.2.4 of the Credit Agreement shall
be deemed to be amended to read as follows:

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Section 6.2.4 Financial Condition. The
Borrowers hereby covenant and agree as set forth below:

(a)           EBITDA.  By March 31, 2007,  the
Borrowers will provide to the Agent updated financial projections in form and
detail reasonably satisfactory to the Agent and the Required Lenders for the
2007 Fiscal Year, prepared with the assistance of Kibel Green Inc.  The Borrowers and the Required Lenders shall
use such projections in order to establish financial covenants based on minimum
EBITDA for April through December of 2007. 
Any failure by the Borrowers to deliver such projections by such
deadline shall constitute an Event of Default. 
On or prior to April 15, 2007, the Borrowers and the Required Lenders
shall agree among themselves as to minimum EBITDA requirements (including
amounts, measurement dates and measurement periods) for April through December
of 2007; provided, however, that if the Borrowers and the
Required Lenders are unable to agree on such requirements in writing by such
date, then such requirements shall be determined by the Required Lenders in
their credit judgment.  Additionally, on
or prior to December 31 of each year, the Borrowers and the Required Lenders
shall agree among themselves as to minimum EBITDA requirements (including
amounts, measurement dates and measurement periods) for the following Fiscal
Year; provided, however, that if the Borrowers and the Required
Lenders are unable to agree on such requirements in writing by such date, then
such requirements shall be determined by the Required Lenders in their credit
judgment.

(b)           Working
Capital Facility Availability.  The
Borrowers will not permit Working Capital Facility Availability to be less than
$5,000,000 at any time.  The Lenders
agree to consider decreasing this minimum Working Capital Facility Availability
requirement upon the establishment of the minimum EBITDA requirements for April
through December of 2007, but the Borrowers acknowledge and agree that the
Lenders have no obligation to agree to any such decrease and that any such
decrease shall be determined in the Lenders’ discretion.

16.           Commitment.  Schedule I of the Credit Agreement
shall be deemed to be deleted and replaced with the revised Schedule I
attached hereto.

17.           No Sale/Leaseback.  Without limiting the restrictions set forth
in Sections 6.2.8 and 6.2.9 of the Credit Agreement, the Borrowers acknowledge
and agree that the Borrowers shall not be permitted to enter into a
sale/leaseback of their Perris, California real estate without the prior
written consent of the Required Lenders in their sole discretion.

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18.           CCI Lockbox.  Borrowers acknowledge that, in order to
induce UPS to consummate the Assignment, Wells Fargo has agreed to assume the
indemnification liabilities of UPS (if any) under that certain Four Party
Wholesale Lockbox Agreement dated February 17, 2006 among Wells Fargo Bank,
N.A., in its respective capacities as depository bank and lockbox processor,
CCI and UPS (the “CCI Lockbox Agreement”), and Borrowers consent to such
assumption of liabilities.  Without
limiting any provision of the Credit Agreement and the other Loan Documents
that permits the Agent to charge the Borrowers’ loan account for any costs,
fees or expenses incurred in connection with the Credit Agreement and the other
Loan Documents, Borrowers hereby agree that the Agent may charge the Borrowers’
loan account by making Working Capital Facility Loans to reimburse the Agent
and the Lenders for any costs, fees, expenses or other liabilities incurred by
the Agent or any Lender in connection with the CCI Lockbox Agreement,
regardless of whether such costs, fees, expenses or other liabilities are paid
or incurred before or after CCI ceases to become a “Borrower” under the Credit
Agreement.

19.           Notices to the Agent.  All notices to the Agent in connection with
the Credit Agreement or any other Loan Document shall be sent in accordance
with the following information:

	
  

  	
   

  	
  Wells Fargo Bank, National
  Association, acting through its Wells Fargo 

  
	
   

  	
   

  	
  Business Credit operating
  division

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  MAC N2642-060

  
	
   

  	
   

  	
  400 Northridge Road, Suite
  600

  
	
   

  	
   

  	
  Atlanta, Georgia  30350

  
	
   

  	
   

  	
  Attention:  Portfolio Manager

  
	
   

  	
   

  	
  Telecopier:  770-992-4720

  
	
   

  	
   

  	
   

  
	
  

  	
  With a copy to:

  	
  Stephen D. Palmer, Esq.

  
	
   

  	
   

  	
  Greenberg Traurig, LLP

  
	
   

  	
   

  	
  3290 Northside Parkway,
  Suite 400

  
	
   

  	
   

  	
  Atlanta, Georgia  30327

  
	
   

  	
   

  	
  Telecopier:  678-553-2261

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  

 

20.           Commercial Tort Claim.  Each Borrower hereby grants to the Agent, for
itself and the Lenders, a security interest in all commercial tort claims that
such Borrower has against Kemlite Company, Inc., Crane Co. or any of their
Affiliates, including, without limitation, the claims arising in connection
with Case No. RIC-452462, filed with the Superior Court of the State of
California, County of Riverside, known as National R.V., Inc., a California
Corporation v. Crane Co., a Delaware corporation, and Crane Composites, Inc., a
Delaware corporation aka Kemlite Company, Inc.

21.           Arbitration.  The Borrowers, the Lenders and the Agent
acknowledge and agree that the following arbitration provisions shall apply to
this Agreement, the Credit Agreement and each other Loan Document, and the Credit
Agreement and each other Loan Document shall be deemed to be amended to
incorporate such provisions.

(a)           Arbitration.  The parties hereto agree, upon demand by any
party, to submit to binding arbitration all claims, disputes and controversies
between or among them (and their

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respective employees, officers, directors, attorneys, and other
agents), whether in tort, contract or otherwise arising out of or relating to
in any way (i) the Obligations and related Loan Documents which are the subject
of the Credit Agreement and its negotiation, execution, collateralization,
administration, repayment, modification, extension, substitution, formation,
inducement, enforcement, default or termination; or (ii) requests for
additional credit.

(b)           Governing Rules.  Any arbitration proceeding will (i) proceed
in a location in Georgia selected by the American Arbitration Association (“AAA”);
(ii) be governed by the Federal Arbitration Act (Title 9 of the United States
Code), notwithstanding any conflicting choice of law provision in any of the
documents between the parties; and (iii) be conducted by the AAA, or such other
administrator as the parties shall mutually agree upon, in accordance with the
AAA’s commercial dispute resolution procedures, unless the claim or counterclaim
is at least $1,000,000.00 exclusive of claimed interest, arbitration fees and
costs in which case the arbitration shall be conducted in accordance with the
AAA’s optional procedures for large, complex commercial disputes (the
commercial dispute resolution procedures or the optional procedures for large,
complex commercial disputes to be referred to, as applicable, as the “Rules”).  If there is any inconsistency between the
terms hereof and the Rules, the terms and procedures set forth herein shall
control.  Any party who fails or refuses
to submit to arbitration following a demand by any other party shall bear all
costs and expenses incurred by such other party in compelling arbitration of
any dispute.  Nothing contained herein
shall be deemed to be a waiver by any party that is a bank of the protections
afforded to it under 12 U.S.C. §91 or any similar applicable state law.

(c)           No Waiver of Provisional Remedies, Self-Help and
Foreclosure.  The arbitration
requirement does not limit the right of any party to (i) foreclose against real
or personal property collateral; (ii) exercise self-help remedies relating to
collateral or proceeds of collateral such as setoff or repossession; or (iii)
obtain provisional or ancillary remedies such as replevin, injunctive relief,
attachment or the appointment of a receiver, before during or after the
pendency of any arbitration proceeding. 
This exclusion does not constitute a waiver of the right or obligation
of any party to submit any dispute to arbitration or reference hereunder,
including those arising from the exercise of the actions detailed in sections
(i), (ii) and (iii) of this paragraph.

(d)           Arbitrator Qualifications and Powers.  Any arbitration proceeding in which the
amount in controversy is $5,000,000.00 or less will be decided by a single
arbitrator selected according to the Rules, and who shall not render an award
of greater than $5,000,000.00.  Any
dispute in which the amount in controversy exceeds $5,000,000.00 shall be
decided by majority vote of a panel of three arbitrators; provided, however,
that all three arbitrators must actively participate in all hearings and
deliberations.  The arbitrator will be a
neutral attorney licensed in the State of Georgia or a neutral retired judge of
the state or federal judiciary of Georgia, in either case with a minimum of ten
years experience in the substantive law applicable to the subject matter of the
dispute to be arbitrated.  The arbitrator
will determine whether or not an issue is arbitratable and will give effect to
the statutes of limitation in determining any claim.  In any arbitration proceeding the arbitrator
will decide (by documents only or with a hearing at the arbitrator’s
discretion) any pre-hearing motions which are similar to motions to dismiss for
failure to state a claim or motions for summary adjudication.  The arbitrator shall resolve all disputes in
accordance with the substantive law of Georgia and may grant any remedy or
relief

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that a court of such state could order or grant within the scope hereof
and such ancillary relief as is necessary to make effective any award.  The arbitrator shall also have the power to
award recovery of all costs and fees, to impose sanctions and to take such
other action as the arbitrator deems necessary to the same extent a judge could
pursuant to the Federal Rules of Civil Procedure, the Georgia Civil Practice
Act (O.C.G.A. § 9-11-1 et seq.) or other applicable law.  Judgment upon the award rendered by the
arbitrator may be entered in any court having jurisdiction.  The institution and maintenance of an action
for judicial relief or pursuit of a provisional or ancillary remedy shall not
constitute a waiver of the right of any party, including the plaintiff, to
submit the controversy or claim to arbitration if any other party contests such
action for judicial relief.

(e)           Discovery. 
In any arbitration proceeding discovery will be permitted in accordance
with the Rules.  All discovery shall be
expressly limited to matters directly relevant to the dispute being arbitrated
and must be completed no later than 20 days before the hearing date and within
180 days of the filing of the dispute with the AAA.  Any requests for an extension of the
discovery periods, or any discovery disputes, will be subject to final
determination by the arbitrator upon a showing that the request for discovery
is essential for the party’s presentation and that no alternative means for
obtaining information is available.

(f)            Class Proceedings and Consolidations.  The resolution of any dispute arising
pursuant to the terms of this Agreement, the Credit Agreement or any other Loan
Document shall be determined by a separate arbitration proceeding and such
dispute shall not be consolidated with other disputes or included in any class
proceeding.

(g)           Payment Of Arbitration Costs And Fees.  The arbitrator shall award all costs and
expenses of the arbitration proceeding.

(h)           Real Property Collateral; Judicial Reference.  Notwithstanding anything herein to the
contrary, no dispute shall be submitted to arbitration if the dispute concerns
Obligations secured directly or indirectly, in whole or in part, by any real
property unless (i) the holder of the mortgage, security interest or other Lien
specifically elects in writing to proceed with the arbitration, or (ii) all
parties to the arbitration waive any rights or benefits that might accrue to
them by virtue of the single action rule statute of Georgia, thereby agreeing
that all indebtedness and obligations of the parties, and all mortgages,
security interests and other Liens securing such Obligations shall remain fully
valid and enforceable.

(i)            Miscellaneous.  To the maximum extent practicable, the AAA,
the arbitrators and the parties shall take all action required to conclude any
arbitration proceeding within 180 days of the filing of the dispute with the
AAA.  No arbitrator or other party to an
arbitration proceeding may disclose the existence, content or results thereof,
except for disclosures of information by a party required in the ordinary
course of its business or by applicable law or regulation.  If more than one agreement for arbitration by
or between the parties potentially applies to a dispute, the arbitration
provision most directly related to the Loan Documents or the subject matter of
the dispute shall control.  This
arbitration provision shall survive termination, amendment or expiration of any
of the Loan Documents or any relationship between the parties.

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22.           Inducing Representations.  To induce the Agent and the Lenders to enter
into this Agreement, each Borrower hereby represents and warrants that: (a)
such Borrower is duly authorized to enter into this Agreement, and this
Agreement, upon its execution by such Borrower, the Agent and each Lender, will
constitute such Borrower’s legal, valid and binding obligations enforceable in
accordance with its terms against such Borrower; (b) after giving effect to
this Agreement and the consummation of the CCI Stock Sale, no Default or Event
of Default exists; (c) no present right of setoff, counterclaim, recoupment
claim or defense exists in such Borrower’s favor in respect of its payment or
performance of any Obligations; and (d) except as modified by this Agreement,
all terms of the Credit Agreement and each Loan Document shall remain in full
force and effect.

23.           Amendment Fee.  The Borrowers agree to pay to the Agent on
the Amendment Date an amendment fee in the amount of Two Hundred Thousand
Dollars ($200,000), to be shared equally between Wells Fargo and UPS, which fee
shall be fully earned and non-refundable on the Amendment Date.  The Agent and the Lenders may cause such fee
to be paid by making Working Capital Facility Loans to the Borrowers in the
amount thereof.

24.           Kibel Green Inc.  The Borrowers covenant and agree to continue
to engage Kibel Green Inc. as a consultant on a basis reasonably satisfactory
to the Agent but to include, in any event, assisting the Borrower in the
preparation of projections for the 2007 fiscal year.

25.           Conditions Precedent.  Notwithstanding any provision herein the
contrary, this Amendment shall not become effective, and no Lender shall have
any liability hereunder, and no waiver of any Default or Event of Default set
forth herein shall become effective, unless and until each of the following
conditions precedent is satisfied in a manner and pursuant to documentation
satisfactory to Wells Fargo in its sole discretion:

(a)           UPS
shall have executed and delivered all documentation deemed necessary or
appropriate in order to (i) cause Wells Fargo to become the “Agent” under the
Credit Agreement and the other Loan Documents, and (ii) assign the Commitment
of UPS to Wells Fargo, in each case subject only to the receipt and
disbursement of funds in accordance with the Funds Flow Agreement described
below;

(b)           the
Borrowers shall have paid to the Agent the amendment fee described above;

(c)           the
Borrowers, the Agent and the Lenders have executed this Amendment;

(d)           the
Borrowers, the Agent, UPS and Purchaser shall have executed and delivered that
certain Funds Flow Agreement dated on or about the date hereof (the “Funds
Flow Agreement”);

(e)           the
Agent shall have received a true, correct and complete copy of the stock
purchase agreement and all related documentation in connection with the CCI
Stock Sale, certified as such by an officer of Holdings, and the Agent shall
have received evidence satisfactory to the Agent that the CCI Stock Sale has
been consummated on terms and conditions satisfactory to the Agent;

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(f)            the
Borrowers shall have delivered to Wells Fargo an amended and restated Working
Capital Facility Note in the amount of $15,000,000;

(g)           the
Borrowers shall have delivered to the Agent a Borrowing Base Certificate and
such supporting documentation as the Agent may reasonably request (including a
schedule of Accounts and a list of the names and addresses of all Account
Debtors), in each case giving effect to the CCI Stock Sale and as of a date
satisfactory to the Agent;

(h)           each
Borrower shall have delivered to the Agent (i) a good standing certificate
having a date within thirty (30) days of the Amendment Date with respect to
each Loan Party from the appropriate Governmental Authority of its State of
incorporation and of each other State where such Loan Party is required to
qualify; (ii) a certificate of the Secretary or an Assistant Secretary of each
Loan Party as to resolutions of its Board of Directors authorizing its
execution, delivery and performance of this Amendment and the other Loan
Documents to be executed in connection herewith, each in form and substance
satisfactory to Agent and Lenders;

(i)            the
Agent shall have established one or more lockbox arrangements acceptable to the
Agent; and

(j)            such
other documents, instruments and agreements as the Agent may request in its
discretion.

Without limiting the
foregoing, each Borrower acknowledges and agrees that this Amendment, the CCI
Stock Sale, the assignment of the Commitment of UPS to Wells Fargo and the
transfer of the role of the “Agent” from UPS to Wells Fargo are intended to be
consummated simultaneously, and references herein to the “Agent” or any “Lender”,
unless the context clearly requires otherwise, shall be deemed to refer to
Wells Fargo, as the Agent, and to Wells Fargo, as the sole Lender,
respectively.

26.           Miscellaneous.  Each existing Loan Document (including,
particularly, any Note) shall be deemed modified hereby on the Amendment Date
as necessary to conform its terms to the terms of the Credit Agreement, as
modified hereby.  This Agreement
constitutes a Loan Document, and shall be governed and construed accordingly.  This Agreement constitutes the entire
agreement among the Agent, the Lenders and the Borrowers relative to the
subject matter hereof, and supersedes and replaces any prior understandings and
agreements, written or oral, in regard thereto. 
This Agreement shall be binding on, and inure to the benefit of, the
successors and assigns of the Borrower, the Agent and the Lenders.  The Borrowers shall reimburse the Agent for
all costs which the Agent incurs, including reasonable attorneys fees, in the
preparation, negotiation, execution and performance of this Agreement, and the
recording of any Loan Documents in connection herewith.

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IN WITNESS
WHEREOF, the Agent, the Lenders and the Borrowers have executed this Agreement,
by and through their respective authorized officers, as of the Amendment Date.

	
   

  	
  “Borrowers”:

  
	
   

  	
   

  
	
   

  	
  NATIONAL R.V. HOLDINGS, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  \s\ Thomas J. Martini

  
	
   

  	
  Name:

  	
  Thomas J. Martini

  
	
   

  	
  Title:

  	
  CFO

  
	
   

  	
   

  	
   

  
	
   

  	
  NATIONAL R.V., INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  \s\ Thomas J. Martini

  
	
   

  	
  Name:

  	
  Thomas J. Martini

  
	
   

  	
  Title:

  	
  Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
  COUNTRY COACH, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  \s\ Thomas J. Martini

  
	
   

  	
  Name:

  	
  Thomas J. Martini

  
	
   

  	
  Title:

  	
  Treasurer

  
					

 

 

	
  

  	
  “Agent” and sole “Lender”:

  
	
   

  	
   

  
	
   

  	
  WELLS FARGO BANK, NATIONAL

  
	
   

  	
  ASSOCIATION, acting through its Wells

  
	
   

  	
  Fargo Business Credit operating division, as a
  Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  \s\ Charles F.
  Liles

  
	
   

  	
   

  	
  Charles F. Liles, Vice President

  

 

Schedule I

Commitments

	
  Wells Fargo Bank
  National Association, acting through Wells Fargo Business Credit operating
  division

  	
   

  	
  $

  	
  15,000,000Exhibit
10.13

LOAN
MODIFICATION AGREEMENT NO. 4

Preamble:  This Loan Modification Agreement (this “Agreement”),
dated as of March 13, 2007 (the “Amendment Date”), is made by and among
Wells Fargo Bank, National Association, acting through its Wells Fargo Business
Credit operating division, as Agent; each Person identified as a “Lender” on
the signature page hereof, as lenders; and each Person identified as a “Borrower”
on the signature page hereof, as borrowers (each, a “Borrower”, and,
collectively, the “Borrowers”), for the purpose of amending or otherwise
modifying the terms of that certain Credit Agreement, dated as of
August 12, 2005 (which, as it has been, or hereafter may be, modified or
amended, the “Credit Agreement”), among Borrowers, the various lenders
from time to time party thereto (the “Lenders”) and Wells Fargo Bank,
National Association, acting through its Wells Fargo Business Credit operating
division, as a Lender and as agent for the Lenders (in such capacity, the “Agent”).  Now, therefore, in consideration of the
mutual promises contained herein and in the Credit Agreement, the receipt and
sufficiency of which are hereby acknowledged, the Agent, the Lenders and the
Borrowers, each intending to be legally bound, agree as follows:

1.             Definitions.  Capitalized terms used herein, but not
expressly defined themselves herein, shall have the meanings given to such
terms in the Credit Agreement.

2.             Early
Termination Fee.  Section 3.3.4(a) of
the Credit Agreement shall be deemed to be amended to read as follows:

(a)           Upon any cancellation of the
Commitments by the Borrowers subsequent to the Closing Date pursuant to Section
3.3.6, the Borrowers shall pay to the Lenders prior to or concurrently with
such termination a Termination Fee in an amount equal to the amount of the
Working Capital Facility Commitment at the time of such early termination times
one percent (1%).  Notwithstanding
the foregoing, if the Commitments are cancelled in connection with Borrowers’
prepayment in full of the Obligations from the proceeds of a replacement
financing provided to Borrowers by the Wells Fargo Business Credit operating
division of Wells Fargo Bank, National Association (“WFBC”), or by a group of
lenders for whom WFBC acts as agent, the portion of the Termination Fee that
would otherwise be payable to any Lender which participates in such replacement
financing will not be payable, it being understood, however, that each Lender
which is not participating in such replacement financing will be entitled to
receive the portion of the Termination Fee payable to such Lender in such
event.

3.             Field Audits.  With reference to the last sentence of
Section 6.1.7 of the Credit Agreement, each Borrower agrees that commencing on
the Amendment Date and continuing thereafter, the Borrowers shall be obliged to
reimburse the Agent on demand (in the amounts specified in such sentence) for
field audits conducted on a ninety (90) day audit cycle (rather than a one
hundred twenty (120) day audit cycle as provided therein), which ninety (90)
day audit cycle shall commence upon the completion of the field audit that
shall be commenced no later than April 4, 2007; provided, however,
that nothing contained herein shall limit the right of

the Agent to be
reimbursed for more frequent field audits whenever an Event of Default exists
as provided in such Section 6.1.7.  In
addition to such field audits on a ninety (90) day audit cycle, the Borrowers
shall reimburse the Agent for such field audit to be commenced by April 4, 2007
in the manner provided in Section 6.1.7.

4.             Monthly
Financial Statements and Compliance Certificates.  The Agent and the Lenders hereby agree that
(a) the deadline for the delivery by the Borrowers of the financial statements
and compliance certificate required for the calendar month of January, 2007
pursuant to Section 6.1.1(b) and Section 6.1.1(c) of the Credit Agreement shall
be extended to March 20, 2007, and (b) the deadline for the delivery by the
Borrowers of the financial statements and compliance certificate required for
the calendar month of February, 2007 pursuant to Section 6.1.1(b) and Section
6.1.1(c) of the Credit Agreement shall be extended to April 10, 2007.  Such extensions of time are limited to the
periods set forth in this paragraph and shall not entitle the Borrowers to any
future extensions or similar accommodations.

5.             Removal of
Minimum Working Capital Facility Availability Requirement; Extension of Time
for Projections.  Section 6.2.4 of
the Credit Agreement shall be deemed to be amended to read in full as follows:

Section 6.2.4          EBITDA.  By April 15, 2007, the Borrowers shall
provide to the Agent updated financial projections in form and detail
reasonably satisfactory to the Agent and the Required Lenders for the 2007
Fiscal Year, prepared with the assistance of Kibel Green Inc.  The Borrowers and the Required Lenders shall
use such projections in order to establish financial covenants based on minimum
EBITDA for April through December of 2007. 
Any failure by the Borrowers to deliver such projections by such
deadline shall constitute an Event of Default. 
On or prior to April 30, 2007, the Borrowers and the Required Lenders
shall agree among themselves as to minimum EBITDA requirements (including
amounts, measurement dates and measurement periods) for April through December
of 2007; provided, however, that if the Borrowers and the
Required Lenders are unable to agree on such requirements in writing by such
date, then such requirements shall be determined by the Required Lenders in
their credit judgment.  Additionally, on
or prior to December 31 of each year, the Borrowers and the Required Lenders
shall agree among themselves as to minimum EBITDA requirements (including
amounts, measurement dates and measurement periods) for the following Fiscal
Year; provided, however, that if the Borrowers and the Required
Lenders are unable to agree on such requirements in writing by such date, then
such requirements shall be determined by the Required Lenders in their credit
judgment.

6.             Inducing
Representations.  To induce the Agent
and the Lenders to enter into this Agreement, each Borrower hereby represents
and warrants that: (a) such Borrower is duly authorized to enter into this
Agreement, and this Agreement, upon its execution by such Borrower, the Agent
and each Lender, will constitute such Borrower’s legal, valid and binding
obligations enforceable in accordance with its terms against such Borrower; (b)
after giving effect to this Agreement, no Default or Event of Default exists;
(c) no present right of setoff, counterclaim, recoupment claim or defense
exists in such Borrower’s favor in respect of its

 2
 

payment or
performance of any Obligations; and (d) except as modified by this Agreement,
all terms of the Credit Agreement and each Loan Document shall remain in full
force and effect.

7.             Amendment Fee.  The Borrowers agree to pay to the Agent an
amendment fee in the amount of $15,000. 
Such amendment fee shall be fully earned on the Amendment Date but shall
be payable in three installments of $5,000 on each of (a) the Amendment Date,
(b) April 13, 2007, and (c) May 13, 2007. 
Any unpaid portion of such amendment fee which is outstanding on the
Working Capital Facility Maturity Date shall be due and payable on the Working
Capital Facility Maturity Date.  The
Agent and the Lenders may cause each installment of such fee to be paid by
making Working Capital Facility Loans to the Borrowers in the amount thereof on
the due dates thereof.

8.             Conditions
Precedent.  Notwithstanding any
provision herein the contrary, this Amendment shall not become effective, and
no Lender shall have any liability hereunder, and no waiver of any Default or
Event of Default set forth herein shall become effective, unless and until each
of the following conditions precedent is satisfied in a manner and pursuant to
documentation satisfactory to the Agent in its sole discretion:

(a)           the Borrowers shall have paid to the Agent the amendment
fee described above;

(b)           the Borrowers, the Agent and the Lenders have executed
this Amendment; and

(c)           the Borrowers, the Agent and the Lenders shall have
executed and delivered such other documents, instruments and agreements as the
Agent may request in its discretion.

9.             Release.  Each Borrower hereby
absolutely and unconditionally releases and forever discharges the Agent and
each Lender, and any and all participants, parent corporations, subsidiary
corporations, affiliated corporations, insurers, indemnitors, successors and
assigns of the Agent and each Lender, together with all of the present and
former directors, officers, agents, attorneys and employees of any of the
foregoing, from any and all claims, demands or causes of action of any kind,
nature or description, whether arising in law or equity or upon contract or
tort or under any state or federal law or otherwise, which any Borrower has
had, now has or has made claim to have against any such Person for or by reason
of any act, omission, matter, cause or thing whatsoever arising from the
beginning of time to and including the date of this Amendment, whether such claims,
demands and causes of action are matured or unmatured or known or unknown.

10.           Miscellaneous.  Each existing Loan Document shall be deemed
modified hereby on the Amendment Date as necessary to conform its terms to the
terms of the Credit Agreement, as modified hereby.  This Agreement constitutes a Loan Document,
and shall be governed and construed accordingly.  This Agreement constitutes the entire
agreement among the Agent, the Lenders and the Borrowers relative to the
subject matter hereof, and supersedes and replaces any prior understandings and
agreements, written or oral, in regard thereto. 
This Agreement shall be binding on, and inure to the benefit of, the
successors and assigns of the Borrower, the Agent and the Lenders.  The Borrowers shall reimburse the Agent for
all costs which the Agent incurs, including reasonable attorneys fees, in the
preparation, negotiation, execution and performance of this Agreement, and the
recording of any Loan Documents in connection herewith.

 3

IN WITNESS
WHEREOF, the Agent, the Lenders and the Borrowers have executed this Agreement,
by and through their respective authorized officers, as of the Amendment Date.

	
  

  	
  “Borrowers”:

  
	
   

  	
   

  
	
  

  	
  NATIONAL R.V. HOLDINGS, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  \s\ Thomas J. Martini

  
	
   

  	
  Name:

  	
  Thomas J. Martini

  
	
   

  	
  Title:

  	
  CFO

  
	
   

  	
   

  	
   

  
	
  .

  	
  NATIONAL R.V., INC

  
	
   

  	
   

  
	
   

  	
  By:

  	
  \s\ Thomas J. Martini

  
	
   

  	
  Name:

  	
  Thomas J. Martini

  
	
   

  	
  Title:

  	
  Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  “Agent” and sole “Lender”:

  
	
   

  	
   

  
	
   

  	
  WELLS FARGO BANK, NATIONAL

  
	
   

  	
  ASSOCIATION, acting through its Wells

  
	
   

  	
  Fargo Business Credit operating division, as a
  Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
  \s\ Charles F. Liles

  
	
   

  	
   

  	
  Charles F. Liles, Vice President

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