Decorator Industries Inc Sample Contracts

WITNESSETH:
Purchase and Sale Agreement • March 28th, 1997 • Decorator Industries Inc • Miscellaneous fabricated textile products • Indiana
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ARTICLE 1
Asset Purchase Agreement • February 5th, 2004 • Decorator Industries Inc • Miscellaneous fabricated textile products • Georgia
W I T N E S S E T H:
Lease Modification Agreement • April 1st, 1997 • Decorator Industries Inc • Miscellaneous fabricated textile products
AGREEMENT ---------
Employment Agreement • March 31st, 2000 • Decorator Industries Inc • Miscellaneous fabricated textile products • Florida
EXHIBIT 10T.2
Employment Agreement • August 17th, 2004 • Decorator Industries Inc • Miscellaneous fabricated textile products

MADE AND ENTERED INTO this 25th day of May, 2004 by and between DECORATOR INDUSTRIES, INC., a Pennsylvania corporation, with offices at Suite 201, 10011 Pines Boulevard, Pembroke Pines, Florida 33024 (hereinafter called "Decorator" or "Employer") and WILLIAM BASSETT, residing at 1167 N.W. 97th Drive, Coral Springs, Florida 33071 (hereinafter called the "Employee").

MODIFICATION AGREEMENT
Modification Agreement • December 10th, 2010 • Decorator Industries Inc • Miscellaneous fabricated textile products • Florida

THIS MODIFICATION AGREEMENT (the “Agreement”) is made effective as of September 30, 2009 (“Effective Date”) by and between WACHOVIA BANK, NATIONAL ASSOCIATION whose address is 225 Water Street, Jacksonville, FL 32202 (“Wachovia”), and DECORATOR INDUSTRIES, INC., a Pennsylvania corporation, whose address is 10011 Pines Boulevard, Suite 201, Pembroke Pines, FL 33024 (“Borrower”).

LEASE AGREEMENT
Lease Agreement • May 19th, 2009 • Decorator Industries Inc • Miscellaneous fabricated textile products

THIS LEASE ("Lease") is made this 1st day of May, 2009, by and between DECORATOR INDUSTRIES, INC., a Pennsylvania corporation ("Tenant") with an address at 10011 Pines Boulevard, Suite 201, Pembroke Pines, Florida 33024 and Sperber Investments I, LLC, a California limited liability company ("Landlord") with an address at 50 Fullerton Court, Suite 101, Sacramento, CA 95825.

EXHIBIT 10AA.1 Wachovia Bank N.A. Broward Commercial Banking FL7512 350 East Las Olas Boulevard, Suite 1800 Fort Lauderdale, FL 33301 March 25, 2008 William A. Johnson, President Decorator Industries, Inc. 10011 Pines Blvd., Suite 201 Pembroke Pines,...
Loan Agreement • March 27th, 2008 • Decorator Industries Inc • Miscellaneous fabricated textile products

Reference is made to that certain LOAN AGREEMENT dated as of May 24, 2006, (the "Agreement") between BORROWER (the "Borrower") and Wachovia Bank, National Association (the "Bank"). The Agreement and all other documents executed and delivered in connection therewith are collectively referred to herein as the "Loan Documents". All capitalized terms used but not defined herein shall have the meanings assigned in the Loan Documents.

LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • May 17th, 2010 • Decorator Industries Inc • Miscellaneous fabricated textile products • Michigan

This Agreement is made this 20th day of April, 2010 by and among Crestmark Bank, a Michigan banking corporation, whose address is 5480 Corporate Drive, Suite 350, Troy, Michigan 48098 ("Crestmark"), and Decorator Industries, Inc. a Pennsylvania corporation ("Borrower") whose chief executive office is located at 10011 Pines Blvd., Pembroke Pines, FL 33024 and William Johnson with an address at 11304 Port Street, Cooper City, FL 33026 and Michael Solomon with and address at 1675 Lakeshore Circle, Weston, FL 33326 (collectively "Validity Guarantor").

MODIFICATION AGREEMENT
Modification Agreement • October 9th, 2009 • Decorator Industries Inc • Miscellaneous fabricated textile products • Florida

THIS MODIFICATION AGREEMENT (the “Agreement”) is made effective as of September 30, 2009 (“Effective Date”) by and between WACHOVIA BANK, NATIONAL ASSOCIATION whose address is 225 Water Street, Jacksonville, FL 32202 (“Wachovia”), and DECORATOR INDUSTRIES, INC., a Pennsylvania corporation, whose address is 10011 Pines Boulevard, Suite 201, Pembroke Pines, FL 33024 (“Borrower”).

FORM OF PROMISE TO GRANT STOCK OPTION(S)
Promise to Grant Stock Option(s) • February 22nd, 2002 • Decorator Industries Inc • Miscellaneous fabricated textile products

In exchange for your agreement to cancel certain stock options ("Old Option(s)") you received from Decorator Industries, Inc. ("Decorator"), Decorator hereby promises to grant you a stock option or options, as applicable (the "New Option(s)"), covering [______] shares of Decorator's common stock no earlier than September 24, 2002 and no later than December 31, 2002, or, if Decorator extends the exchange offer, a date which is no earlier than six months and a day following the cancellation date of the Old Options (the "New Grant Date"). The exercise price of each New Option will be the closing price of Decorator's common stock as listed on the American Stock Exchange on the New Grant Date. Each New Option will vest sixty percent (60%) on the New Grant Date, an additional twenty percent (20%) on the first anniversary of the New Grant Date and the remaining twenty percent (20%) on the second anniversary of the New Grant Date, subject to your continued employment with Decorator, as describ

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