COMPX INTERNATIONAL INC. Three Lincoln CentreTermination of Credit Agreement and Waterloo Note • January 4th, 2013 • Compx International Inc • Cutlery, handtools & general hardware
Effective as of the date hereof, the Borrower hereby requests: (1) the termination the obligations of the Lender to make any further extensions of credit pursuant to the Credit Agreement, including without limitation, termination of the Lender’s Revolving Credit Commitment, L/C Commitment and Alternative Currency Commitment and (2) the termination of the Credit Agreement, the Revolving Credit Note, the Alternative Currency Note, the Security Documents and the other Loan Documents. Effective as of the date hereof, Waterloo hereby requests: (1) the termination of the obligations of the Lender to make any further extensions of credit pursuant to the Waterloo Note and (2) the termination of the Waterloo Note. Effective as of the date hereof, the Borrower and Waterloo hereby acknowledge and agree that the Lender shall have no further obligations to make loans or extend other financial accommodations (including, without limitation, the issuance, amendment or renewal of letters of credit) to
SECURITIES PURCHASE AGREEMENT by and among CompX International Inc., CompX Asia Holding Corporation, Knape & Vogt Canada Inc. GSlide Corporation and Knape & Vogt Manufacturing Company Dated as of December 28, 2012Securities Purchase Agreement • January 4th, 2013 • Compx International Inc • Cutlery, handtools & general hardware • Delaware
THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of December 28, 2012, by and among CompX International Inc., a Delaware corporation (“CompX”), CompX Asia Holdings Corporation, a corporation organized under the laws of Malaysia and a wholly-owned subsidiary of CompX (“CompX Asia” and, together with CompX, “Sellers”), Knape & Vogt Canada Inc., a corporation organized under the federal laws of Canada (“Canada Buyer”) and GSlide Corporation, a company limited by shares organized under the laws of Taiwan (“Taiwan Buyer” and, together with Canada Buyer, “Buyers”) and Knape & Vogt Manufacturing Company, a Michigan corporation (“Parent”).
