GOVERNANCE AND STANDSTILL AGREEMENTGovernance and Standstill Agreement • July 7th, 2008 • Wynnefield Partners Small Cap Value Lp • Broadwoven fabric mills, cotton • Delaware
Contract Type FiledJuly 7th, 2008 Company Industry JurisdictionTHIS GOVERNANCE AND STANDSTILL AGREEMENT (the “Agreement”) is made and entered into as of the 1st day of July, 2008, by and among the Persons listed on Schedule I attached hereto (collectively, the “Wynnefield Group”, and individually, a “member” of the Wynnefield Group) and CROWN CRAFTS, INC., a Delaware corporation (the “Company”).