0000950123-10-016402 Sample Contracts

BB&T EQUIPMENT FINANCE CORPORATION
Master Lease Agreement • February 24th, 2010 • Arkansas Best Corp /De/ • Trucking (no local)

THIS MASTER LEASE AGREEMENT (this “Lease”) is made as of December 30, 2009, between BB&T EQUIPMENT FINANCE CORPORATION, its successors and assigns (“Lessor”), and ABF FREIGHT SYSTEM, INC., its successors and permitted assigns (“Lessee”).

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Receivables Loan Agreement Dated as of December 30, 2009 Among ABF Freight Funding LLC, as Borrower, ABF Freight System, Inc., as initial Servicer, SunTrust Bank and SunTrust Robinson Humphrey, Inc., as Agent
Receivables Loan Agreement • February 24th, 2010 • Arkansas Best Corp /De/ • Trucking (no local) • New York

Unless defined elsewhere herein, capitalized terms used in this Agreement shall have the meanings assigned to such terms in Exhibit I.

INDEMNIFICATION AGREEMENT
Indemnification Agreement • February 24th, 2010 • Arkansas Best Corp /De/ • Trucking (no local) • Delaware

This Indemnification Agreement (this “Agreement”) is entered into on _______ to be effective for all purposes on _______ (the “Effective Date”), by and between Arkansas Best Corporation, a Delaware corporation (the “Company”), and _______ (“Director”).

BB&T EQUIPMENT FINANCE CORPORATION
Master Lease Guaranty • February 24th, 2010 • Arkansas Best Corp /De/ • Trucking (no local)

THIS MASTER LEASE GUARANTY (this “Guaranty”) is executed and delivered by ARKANSAS BEST CORPORATION (“Guarantor”) in favor of BB&T EQUIPMENT FINANCE CORPORATION, its successors and assigns (“Lessor”), in connection with that certain Master Lease Agreement dated as of December 30, 2009, together with all Equipment Schedules executed or to be executed pursuant thereto (the “Lease”), by and between Lessor and ABF Freight System, Inc., its successors and permitted assigns (“Lessee”).

CONTINUING REIMBURSEMENT AGREEMENT FOR LETTERS OF CREDIT Including U.S. Bank Global Trade WorksSM
Continuing Reimbursement Agreement • February 24th, 2010 • Arkansas Best Corp /De/ • Trucking (no local)

This Continuing Reimbursement Agreement for Letters of Credit is made effective this 12th day of November, 2009 by and between U.S. BANK NATIONAL ASSOCIATION (“Bank”) and Arkansas Best Corporation (“Applicant”).

AMENDED AND RESTATED DEFERRED SALARY AGREEMENT
Deferred Salary Agreement • February 24th, 2010 • Arkansas Best Corp /De/ • Trucking (no local) • Arkansas

THIS AMENDED AND RESTATED DEFERRED SALARY AGREEMENT made as of this _____ day of , but effective as of , _____ 20 _____ (this “Agreement”), by and between ARKANSAS BEST CORPORATION (“Corporation or ABC”), a Delaware corporation, and (“Officer”):

LETTER OF CREDIT AGREEMENT dated as of December 9, 2009 between ARKANSAS BEST CORPORATION and SUNTRUST BANK
Letter of Credit Agreement • February 24th, 2010 • Arkansas Best Corp /De/ • Trucking (no local) • Georgia

THIS LETTER OF CREDIT AGREEMENT (this “Agreement”) is made and entered into as of December 9, 2009 between ARKANSAS BEST CORPORATION, a Delaware corporation (“Company”), and SUNTRUST BANK, a Georgia banking corporation (together with its successors and assigns, “Bank”).

MASTER CONTINUING LETTER OF CREDIT REIMBURSEMENT AND SECURITY AGREEMENT November 24, 2009
Arkansas Best Corp /De/ • February 24th, 2010 • Trucking (no local)

The undersigned applicants (collectively, the “Applicants” and each, individually, an “Applicant”) may from time to time request The Bank of Tokyo-Mitsubishi UFJ, Ltd. (hereinafter referred to, together with its successors and/or assigns, as the “Bank”), with offices at 1251 Avenue of the Americas, New York, NY 10020-1104, to issue one or more irrevocable standby letters of credit (each, as the context requires or applies, and together with all amendments, renewals and extensions thereof, a “Letter of Credit”, and collectively, the “Letter of Credit” or “Letters of Credit”).

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