0000950123-04-009593 Sample Contracts

MORTGAGE
Mortgage • August 11th, 2004 • Raytech Corp • Miscellaneous fabricated metal products

THIS MORTGAGE, made the 28th day of April, 2004 by RAYBESTOS PRODUCTS COMPANY, a Delaware corporation, having an office c/o Raytech Corporation, Suite 295, Four Corporate Drive, Shelton, CT 06484-6420 [Attention: John B. Devlin, Chief Financial Officer, telefacsimile # (203) 925-8088] (the “Mortgagor”) to THE PENSION BENEFIT GUARANTY CORPORATION, a government corporation established under Title IV of the Employee Retirement Income Security Act of 1974, as amended, whose address is 1200 K Street, N.W., Washington, D.C. 20005 [telefacsimile # (202) 326-4112] (the “Mortgagee”). The Mortgagee hereby acts on behalf of, and for the benefit of, the Raymark Industries, Inc. Retirement Plan For Hourly Paid Employees and of the Retirement Plan For Hourly Paid Employees of Raymark Industries, Inc. Marshville Plant (collectively, the “Pension Plans”).

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May 21, 2004 Stanley J. Levy, Esq. Chairman of the Board – Raytech Corporation c/o Levy Phillips and Konigsberg LLP 800 Third Avenue, 13th Floor New York, NY 10022 Re: Interim Management Services Dear Mr. Levy:
Interim Management Services Agreement • August 11th, 2004 • Raytech Corp • Miscellaneous fabricated metal products • Delaware

This letter outlines the understanding (“Agreement”) between AP Services, LLC, a Michigan limited liability company, (“APS”) and Raytech Corporation (the “Company”), for the engagement of APS to provide certain temporary employees to the Company as described below.

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