0000928385-03-000383 Sample Contracts

STANDARD COMMERCIAL CORPORATION Wilson, North Carolina 27893
Shareholder Protection Rights Agreement • February 24th, 2003 • Standard Commercial Corp • Wholesale-farm product raw materials • North Carolina

Pursuant to Section 5.4 of the Shareholder Protection Rights Agreement, dated as of April 5, 1994 (the “Rights Agreement”), between Standard Commercial Corporation, a North Carolina corporation (the “Company”), and Wachovia Bank, N.A. (f/k/a First Union National Bank of North Carolina), a national banking association, as rights agent (the “Rights Agent”), the Rights Agreement is hereby amended as follows:

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