0000075234-03-000005 Sample Contracts

KEY MANAGEMENT SEVERANCE AGREEMENT
Severance Agreement • March 28th, 2003 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Ohio

This Severance Agreement (the “Agreement”) is made as of October 1, 2002 by and between OWENS CORNING, a Delaware corporation (the “Company”), and George E. Kiemle, an officer of the Company (“Executive”).

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RELEASE AND NON-COMPETITION AGREEMENT
Release and Non-Competition Agreement • March 28th, 2003 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods

This RELEASE AND NON-COMPETITION AGREEMENT (the “Agreement”) is made by and between Glen H. Hiner (“Hiner”), for himself and his heirs, executors, successors and assigns, and Owens Corning, and each of its subsidiaries, predecessors, successors, affiliated entities and past, present and future officers, directors, employees, agents, attorneys and assigns (all collectively, “OWENS CORNING” for purposes of this Agreement);

FIRST AMENDMENT TO POST-PETITION CREDIT AGREEMENT
Post-Petition Credit Agreement • March 28th, 2003 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Illinois

This First Amendment to Post-Petition Credit Agreement (this “Agreement”) is entered into this 31st day of October, 2002 by and among OWENS CORNING, a Delaware corporation (the “Company”), as Borrower Representative on behalf of the Borrowers under the Credit Agreement defined below, BANK OF AMERICA, N.A., as the Agent under the Credit Agreement defined below, and the other Lenders signatory hereto.

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