0000950144-07-000910 Sample Contracts

STAY BONUS AGREEMENT
Stay Bonus Agreement • February 7th, 2007 • Wellco Enterprises Inc • Footwear, (no rubber) • North Carolina

This Stay Bonus Agreement (this “Agreement”) is made as of February 6, 2007 by and between Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), and Tammy Francis (“Executive”).

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AGREEMENT AND PLAN OF MERGER dated as of February 6, 2007 by and among WELLCO ENTERPRISES, INC., WASATCH MERGER SUB, INC. and WASATCH BOOT HOLDINGS, INC.
Merger Agreement • February 7th, 2007 • Wellco Enterprises Inc • Footwear, (no rubber) • North Carolina

THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of February 6, 2007, is entered into by and among Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), Wasatch Merger Sub, Inc., a North Carolina corporation (the “Merger Sub”) and Wasatch Boot Holdings, Inc., a Delaware corporation (“Parent”). Merger Sub is a wholly owned direct or indirect subsidiary of Parent.

Option Cancellation Acknowledgement
Option Cancellation Acknowledgement • February 7th, 2007 • Wellco Enterprises Inc • Footwear, (no rubber)
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