0001193125-07-006993 Sample Contracts

VOTING AGREEMENT by and among and PIRATE CAPITAL LLC dated as of January 15, 2007
Voting Agreement • January 16th, 2007 • Pw Eagle Inc • Miscellaneous plastics products • Delaware

This Voting Agreement (this “Agreement”) is entered into as of January 15, 2007, among J-M Manufacturing Company, Inc., a Delaware corporation (“Parent”), and Pirate Capital LLC, a Delaware limited liability company (the “Shareholder”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement and Plan of Merger dated as of the date hereof (the “Merger Agreement”), among PW Eagle, Inc., a Minnesota corporation (“Target”), Parent, and Pipe Dream Acquisition, Inc., a Minnesota corporation and a wholly owned subsidiary of Parent (“Merger Sub”). Capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Merger Agreement.

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