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EXHIBIT 10.8
REGISTRATION RIGHTS AGREEMENT SUPPLEMENT
THIS REGISTRATION RIGHTS AGREEMENT SUPPLEMENT is a supplement
to that certain Registration Rights Agreement, dated December 18, 1997 (the
"Registration Rights Agreement"), among Pillowtex Corporation, a Texas
corporation, the Guarantors listed on the signature page thereto, and
NationsBanc Xxxxxxxxxx Securities, Inc. and Bear Xxxxxxx & Co. Inc.
As a result of the consummation of the Merger, the Fieldcrest
Guarantors have become direct subsidiaries of the Company and hereby agree to be
bound by the terms and provisions applicable to the Guarantors under the
Registration Rights Agreement, as if the Fieldcrest Guarantors had executed the
Registration Rights Agreement on the date thereof.
This Registration Rights Agreement Supplement does not cancel
or extinguish any right or obligation of the parties to the Registration Rights
Agreement. The parties hereto agree that the Registration Rights Agreement shall
be supplemented only with respect to the matters referred to herein and the
provisions of the Registration Rights Agreement are otherwise in full force and
effect.
Terms used but not defined herein shall have the meanings
given to them in the Registration Rights Agreement. This Registration Rights
Agreement Supplement may be executed in one or more counterparts and, if
executed in more than one counterpart, the executed counterparts shall each be
deemed to be an original and all such counterparts shall together constitute one
and the same instrument.
THIS REGISTRATION RIGHTS AGREEMENT SUPPLEMENT SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF NEW YORK, WITHOUT
REGARD TO THE CONFLICT OF LAW RULES THEREOF.
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If the foregoing correctly sets forth the agreement between
the Fieldcrest Guarantors and the Initial Purchasers, please indicate your
acceptance in the space provided for that purpose below.
Very truly yours,
FIELDCREST XXXXXX, INC.
CRESTFIELD COTTON COMPANY
ENCEE, INC.
FIELDCREST XXXXXX FINANCING, INC.
FIELDCREST XXXXXX LICENSING, INC.
FIELDCREST XXXXXX INTERNATIONAL, INC.
FIELDCREST XXXXXX SURE FIT, INC.
FIELDCREST XXXXXX TRANSPORTATION, INC.
ST. MARYS INC.
AMOSKEAG COMPANY
AMOSKEAG MANAGEMENT CORPORATION
BANGOR INVESTMENT COMPANY
XXXXX'X FALLS CORPORATION
DOWNEAST SECURITIES CORPORATION
FCC CANADA INC.
By: /s/ Xxxxxxx X. Xxxxxx
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Name: Xxxxxxx X. Xxxxxx
Title: President
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The foregoing Agreement is hereby confirmed and accepted as of the date first
above written.
NATIONSBANC XXXXXXXXXX SECURITIES, INC.
BEAR, XXXXXXX & CO. INC.
By: NATIONSBANC XXXXXXXXXX SECURITIES, INC.
By: /s/ Xxxx Xxxxx
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Name: Xxxx Xxxxx
Title: Director
