FORBEARANCE AGREEMENTForbearance Agreement • August 21st, 2009 • Fushi Copperweld, Inc. • Drawing & insulating of nonferrous wire • Wisconsin
This Forbearance Agreement (the “Agreement”) is made this 17th day of August, 2009, by and among COPPERWELD BIMETALLICS LLC, a Delaware limited liability company (the “Company”), COPPERWELD BIMETALLICS UK LIMITED, a United Kingdom private limited company (“CBUK”), and FUSHI COPPERWELD, INC., a Nevada corporation formerly known as Fushi International, Inc. (“Fushi” and together with CBUK, collectively, the “Guarantors;” the Guarantors and the Company, collectively, the “Obligors”) and WELLS FARGO BANK, NATIONAL ASSOCIATION (the “Lender”), acting through its Wells Fargo Business Credit operating division, as assignee of The CIT Group/Commercial Services, Inc. (“CIT”). Capitalized terms used herein and not defined herein shall have the meanings provided in the Financing Agreement (as hereinafter defined).
