0001193125-12-117643 Sample Contracts

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2012 • American Locker Group Inc • Partitions, shelvg, lockers, & office & store fixtures • Texas

This FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (“First Amendment”) is entered into between American Locker Group Incorporated, a Delaware corporation (the “Employer”), and Paul M. Zaidins (the “Executive”) this 11th day of May, 2011, but is to be effective as of the dates set forth below in Section 10.

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AMENDMENT NO. 1 TO LOAN AGREEMENT
Loan Agreement • March 15th, 2012 • American Locker Group Inc • Partitions, shelvg, lockers, & office & store fixtures

This Amendment No. 1 (the “Amendment”) dated as of October 27,2011, is between Bank of America, N.A. (the “Bank”) and American Locker Group Incorporated, a Delaware corporation (“American Locker”), American Locker Security Systems, Inc., a Delaware corporation (“Security Systems”), Security Manufacturing Corporation, a Delaware corporation (“Security Manufacturing”) and Canadian Locker Company Limited, a corporation incorporated under the federal laws of Canada (“Canadian Locker”) (American Locker, Security Systems, Security Manufacturing and Canadian Locker, are referred to herein collectively as the “Borrower”).

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