1 EXHIBIT 10.24 [CHASE LOGO] EIGHTH AMENDMENT TO CREDIT AGREEMENT THIS EIGHTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment") dated effective as of February 12, 2001 (the "Effective Date"), is among CRAFTMADE INTERNATIONAL, INC., a Delaware...Credit Agreement • May 14th, 2001 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
Exhibit 10.1 AGREEMENT AND PLAN OF MERGER BY AND AMONG CRAFTMADE INTERNATIONAL, INC. BILL TEIBER CO., INC. TEIBER LIGHTING PRODUCTS, INC. TODD TEIBER AND EDWARD OBERSTEIN MARCH 1, 2005 TABLE OF CONTENTSMerger Agreement • March 7th, 2005 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Delaware
AGREEMENT AND PLAN OF MERGER This Agreement and Plan of Merger ("Agreement") is made as of March 1, 2005, by and among Craftmade International, Inc., a Delaware corporation ("Buyer"), Teiber Lighting Products, Inc., a Delaware corporation ("Subsidiary"), Bill Teiber Co., Inc., a Texas corporation (the "Company"), Todd Teiber ("Teiber") and Edward Oberstein ("Oberstein") (Teiber and Oberstein are collectively referred to herein as the "Sellers"). RECITALS WHEREAS, the Sellers are the record and beneficial owners of all of the issued and outstanding shares of capital stock of the Company; and WHEREAS, Buyer wishes to acquire all of the outstanding capital stock of the Company for common stock of Buyer through a merger of the Company with and into the Subsidiary. NOW, THEREFORE, in consideration of the premises, mutual covenants and agreements set forth and for other good and valuable consideration, the adequacy, sufficiency and receipt of which are hereby acknowledged, the parties agree
I. RECITALS:Loan Agreement • May 11th, 2005 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
16 November 2001 CRAFTMADE INTERNATIONAL INC 650 SOUTH ROYAL LANE CAPELL, TEXAS 75019 CONTACT: JIM RIDING OR KEN CANCIENE TEL: 972 393 3800 FAX: 972 304 3754 TERMINATION AGREEMENT TERMINATION AGREEMENT dated as of 14 November 2001 between JPMorgan...Termination Agreement • February 14th, 2002 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets
1 [JPMORGAN LOGO] EXHIBIT 10.25 NINTH AMENDMENT TO CREDIT AGREEMENT THIS NINTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment") dated effective as of June 29, 2001 (the "Effective Date"), is among CRAFTMADE INTERNATIONAL, INC., a Delaware corporation,...Credit Agreement • September 26th, 2001 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
1 EXHIBIT 99.2 THIRD AMENDMENT TO CREDIT AGREEMENT THIS THIRD AMENDMENT TO CREDIT AGREEMENT (this "Amendment") dated effective as of July 1, 1998 (the "Effective Date"), is among CRAFTMADE INTERNATIONAL, INC., a Delaware corporation, DUROCRAFT...Credit Agreement • July 15th, 1998 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
ANDRights Agreement • July 9th, 1999 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Delaware
RECITALSConsulting Agreement • March 7th, 2005 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
1 EXHIBIT 10.20 FIRST MODIFICATION AGREEMENT THIS FIRST MODIFICATION AGREEMENT (the "Agreement") is made to be effective as of the 9th day of March, 2000, by and between CRAFTMADE INTERNATIONAL, INC., a Delaware corporation ("Borrower"), and ALLIANZ...Modification Agreement • May 15th, 2000 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
EXHIBIT 10.26 [FROST NATIONAL BANK LOGO] LOAN AGREEMENTLoan Agreement • February 14th, 2002 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
1 EXHIBIT 10.17 [CHASE LOGO] FOURTH AMENDMENT TO CREDIT AGREEMENT THIS FOURTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment") dated effective as of April 2, 1999 (the "Effective Date"), is among CRAFTMADE INTERNATIONAL, INC., a Delaware corporation,...Credit Agreement • May 15th, 2000 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
1 EXHIBIT 10.19 [CHASE LOGO] SIXTH AMENDMENT TO CREDIT AGREEMENT THIS SIXTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment") dated effective as of November 12, 1999 (the "Effective Date"), is among CRAFTMADE INTERNATIONAL, INC., a Delaware...Credit Agreement • May 15th, 2000 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
RECITALSEmployment Agreement • March 7th, 2005 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
GENERAL RELEASE AND SEVERANCE AGREEMENT ("AGREEMENT")Severance Agreement • November 24th, 2004 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets
1 EXHIBIT 99.1 VOTING AGREEMENT THIS VOTING AGREEMENT is made and entered into this 1st day of July, 1998, by and among James Ridings ("Ridings"), Neall Humphrey ("Humphrey") and John DeBlois ("DeBlois") (hereinafter referred to collectively as...Voting Agreement • July 15th, 1998 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
1 EXHIBIT 10(n) 2 Trammell Crow Company COMMERCIAL LEASE AGREEMENT ------------ -------------------------------------------------------------------- POST AND PADDOCK ASSOCIATES ------------------------------------------------------------...Commercial Lease Agreement • September 19th, 1995 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets
1 EXHIBIT 99.7 REGISTRATION RIGHTS AGREEMENT This Registration Rights Agreement (the "Agreement") is entered into as of July 1, 1998, by and among Craftmade International, Inc., a Delaware corporation (the "Company"), on the one hand, and Neall and...Registration Rights Agreement • July 15th, 1998 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
1 EXHIBIT 10.16 [CHASE LETTERHEAD] Dated as of July 23, 1999 Craftmade International, Inc. 650 S. Royal Lane, Suite 100 Coppell, Texas 75019 Attn: Jim Ridings and Ken Cancienne Re: SWAP TRANSACTION (OUR REFERENCE NO. 1296) Ladies and Gentlemen: The...Swap Transaction Confirmation • November 12th, 1999 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets
1 EXHIBIT 10.4 SECOND AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • February 8th, 1996 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
RECITALSEmployment Agreement • September 26th, 2000 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
I. RECITALS:Loan Agreement • September 28th, 2004 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
1 EXHIBIT 10.18 [CHASE LOGO] [CHASE BANK OF TEXAS, N.A. LETTERHEAD] CRAFTMADE INTERNATIONAL, INC. August 11, 1999 DUROCRAFT INTERNATIONAL, INC. TRADE SOURCE INTERNATIONAL, INC. C/D/R INCORPORATED 650 S. Royal Lane, Suite 100 Coppell, Texas 75050 Re:...Credit Agreement • May 15th, 2000 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets
RECITALS:Renewal and Extension Agreement • May 11th, 2005 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
1 EXHIBIT 10(O) 2 ------------------------------------------------------------- ------------------- ----------------------------------------------------------- --------------------- FIRST AMENDED AND RESTATED CREDIT AGREEMENT between CRAFTMADE...Credit Agreement • September 19th, 1995 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
AGREEMENT REGARDING LAMPS PLUS, INC. LITIGATIONLitigation Settlement Agreement • February 17th, 2004 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets
CONSENT TO MERGER as of July 1, 1998Consent to Merger • July 15th, 1998 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets
AMENDED AND RESTATED LOAN AGREEMENT BetweenLoan Agreement • November 9th, 2005 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
THIS AMENDED AND RESTATED LOAN AGREEMENT (the “Loan Agreement”) will serve to set forth the terms of the financing transactions by and between CRAFTMADE INTERNATIONAL, INC., a Delaware corporation (“Borrower”), and THE FROST NATIONAL BANK, a national banking association (“Lender”). Borrower and Lender entered into a Loan Agreement, dated November 6, 2001, as amended by a First Amendment to Loan Agreement, dated effective as of August 13, 2003, as modified by a Modification, Renewal and Extension Agreement, entered into October 27, 2003, as further amended by a Second Amendment to Loan Agreement, dated June 14, 2004, as further amended by a Third Amendment to Loan Agreement, dated February 25, 2005, and as further amended by a Modification, Renewal and Extension Agreement, dated effective as of May 31, 2005. Lender has agreed to modify, renew and extend the Borrowing Base Line of Credit (hereinafter defined), the terms and conditions which are set forth in this Loan Agreement.
MODIFICATION, RENEWAL AND EXTENSION AGREEMENTModification, Renewal and Extension Agreement • November 9th, 2005 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
THIS MODIFICATION, RENEWAL AND EXTENSION AGREEMENT (“Agreement”) is entered into effective as of the 31st day of October, 2005, by and between THE FROST NATIONAL BANK, a national banking association (“Lender”), and CRAFTMADE INTERNATIONAL, INC., a Delaware corporation (“Borrower”).
BORROWER: DESIGN TRENDS. LLC (TIN: 75-2841381) LENDER: THE FROST NATIONAL BANK P.O. BOX 1037 HULEN FINANCIAL CENTER COPPELL, TX 75019 P.O. BOX 1600 SAN ANTONIO, TX 78296Business Loan Agreement • September 28th, 2004 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
FORM OF CHANGE IN CONTROL AGREEMENTChange in Control Agreement • March 15th, 2010 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
This Change in Control Agreement (this “Agreement”) is dated as of (the “Effective Date”) and is entered into by and between (“Executive”) and Craftmade International, Inc., a Delaware corporation (the “Company,” which term includes, following a Change in Control, any successor in interest to the Company). As an inducement to render services and superior performance to the Company, Executive and the Company agree as follows:
RECITALSAgreement for the Purchase and Sale of Personal Goodwill • March 7th, 2005 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Delaware
STOCK APPRECIATION RIGHTS AGREEMENT CRAFTMADE INTERNATIONAL, INC. 2006 LONG- TERM INCENTIVE PLANStock Appreciation Rights Agreement • December 4th, 2006 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Delaware
DIRECTOR’S INDEMNIFICATION AGREEMENTDirector’s Indemnification Agreement • January 27th, 2010 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Delaware
This Director’s Indemnification Agreement (“Agreement”) is made as of July _____, 2007 (the “Effective Date”) between Craftmade International, Inc., a Delaware corporation (the “Company”), and , an individual residing in the State of who serves as a Director of the Company (“Indemnitee”).
WAIVER TO THIRD AMENDED AND RESTATED LOAN AGREEMENTWaiver to Loan Agreement • February 17th, 2009 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
THIS WAIVER TO THIRD AMENDED AND RESTATED LOAN AGREEMENT (this “Waiver”), dated as of February 13, 2009, is entered into among CRAFTMADE INTERNATIONAL, INC., a Delaware corporation (the “Borrower”), THE FROST NATIONAL BANK, as Administrative Agent, and the lenders listed on the signature pages hereto (the “Lenders”).
DEED OF TRUST, MORTGAGE AND SECURITY AGREEMENTDeed of Trust, Mortgage and Security Agreement • November 20th, 2007 • Craftmade International Inc • Wholesale-electrical appliances, tv & radio sets • Texas
This Deed of Trust, Mortgage and Security Agreement (“Deed of Trust”) is made to be effective as of the 14th day of November, 2007, by CM REAL ESTATE, LLC, a Texas limited liability company, having an office and usual place of business at 650 S. Royal Lane, Coppell, Texas 75019 (the “Borrower”), to Patrick M. Arnold, as Trustee (the “Trustee”), whose address is 8080 North Central Expressway, Suite 1380, Dallas, Texas 75206, for the benefit of Allianz Life Insurance Company of North America, whose address is c/o Allianz of America, Inc., Attention: Real Estate Department, 55 Greens Farms Road, P.O. Box 5160, Westport, Connecticut 06881-5160 (the “Lender”).
