0001193125-05-110760 Sample Contracts

LIMITED WAIVER
Limited Waiver • May 18th, 2005 • Impco Technologies Inc • Motor vehicle parts & accessories

This LIMITED WAIVER (this “Waiver”), dated May 9, 2005, by and among LASALLE BUSINESS CREDIT, LLC, a Delaware limited liability company (“LaSalle”), with its principal office at 135 South LaSalle Street, Chicago, Illinois 60603, the financial institutions that, from time to time, become a party to the Loan Agreement (hereinafter defined) (such financial institutions, collectively, the “Lenders” and each individually, a “Lender”), LaSalle as agent for the Lenders (in such capacity, the “Agent”), and IMPCO TECHNOLOGIES, INC., a Delaware corporation, with its principal office at 16804 Gridley Place, Cerritos, California 90703 (the “Borrower”).

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CONFIDENTIAL SETTLEMENT AGREEMENT, GENERAL RELEASE AND COVENANT NOT TO SUE
Confidential Settlement Agreement • May 18th, 2005 • Impco Technologies Inc • Motor vehicle parts & accessories • California

This Settlement Agreement, General Release, and Covenant Not to Sue (“Agreement”) is made and entered into as of the 28 March 2005 by and between Nikolai A. Gerde (“Employee”) and IMPCO Technologies, Inc. (“Company” or “IMPCO”), a Delaware corporation (“Company”), hereinafter collectively referred to as the “Parties”.

FINANCING AGREEMENT BETWEEN AND CONSIDERING
Financing Agreement • May 18th, 2005 • Impco Technologies Inc • Motor vehicle parts & accessories

• That the FINANCED PARTY has received the information material on the processing of data provided by the BANK, as provided in Legislative Decree No. 196 of 6/30/03 (Privacy Code).

EMPLOYMENT AGREEMENT
Employment Agreement • May 18th, 2005 • Impco Technologies Inc • Motor vehicle parts & accessories • California

THIS EMPLOYMENT AGREEMENT is made on January 5, 2005 by and among IMPCO Technologies, Inc., a Delaware corporation (“IMPCO”) and Terry Clapp (“Employee”). Capitalized terms not otherwise defined in this Agreement shall have the meanings specified in Section 5 unless the context otherwise requires.

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