0001144204-05-008256 Sample Contracts

CONFIDENTIAL TREATMENT REQUESTED CONFIDENTIAL PORTIONS OF THIS DOCUMENT HAVE BEEN REDACTED AND HAVE BEEN SEPARATELY FILED WITH THE COMMISSION
Executive Employment Agreement • March 21st, 2005 • Adams Golf Inc • Sporting & athletic goods, nec • Texas

THIS AGREEMENT (the "Agreement") entered into as of the date signed by the parties below by and between Adams Golf, Inc. and its subsidiaries with its principal place of business at 2801 East Plano Parkway, Plano, Texas (the "Company") and Mr. Oliver Brewer (the "Executive");

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FIRST AMENDMENT TO CREDIT AGREEMENT and PROMISSORY NOTE
Credit Agreement and Promissory Note • March 21st, 2005 • Adams Golf Inc • Sporting & athletic goods, nec • Texas

THIS FIRST AMENDMENT TO CREDIT AGREEMENT AND PROMISSORY NOTE (the "Amendment"), dated as of February 10, 2005, by and among ADAMS GOLF, INC., a Delaware corporation; ADAMS GOLF HOLDING CORP, a Delaware corporation; ADAMS GOLF GP CORP, a Delaware corporation; ADAMS GOLF, LTD., a Texas limited partnership; ADAMS GOLF IP, LP, a Delaware limited partnership; and ADAMS GOLF MANAGEMENT CORP, a Delaware corporation (the "Borrowers"), and BANK OF TEXAS, N.A. ("Lender").

CONFIDENTIAL TREATMENT REQUESTED CONFIDENTIAL PORTIONS OF THIS DOCUMENT HAVE BEEN REDACTED AND HAVE BEEN SEPARATELY FILED WITH THE COMMISSION
Endorsement Agreement • March 21st, 2005 • Adams Golf Inc • Sporting & athletic goods, nec • Kansas

This Agreement is entered into on January 13, 2005 between professional golfer, TOM WATSON, (hereinafter referred to as “CONSULTANT”) and ADAMS GOLF, LTD. (hereinafter referred to as “ADAMS GOLF”).

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