FORBEARANCE AGREEMENTForbearance Agreement • August 15th, 2005 • Osullivan Industries Holdings Inc • Wood household furniture, (no upholstered)
This Forbearance Agreement (this “Agreement”) is made this 12th day of August, 2005, by and among O’Sullivan Industries, Inc. (“O’Sullivan”), a Delaware corporation, O’Sullivan Industries Holdings, Inc. (“Holdings”), a Delaware corporation, O’Sullivan Industries — Virginia, Inc. (“OIV”), a Virginia corporation, O’Sullivan Furniture Factory Outlet, Inc., a Missouri Corporation (“OFFO” and, collectively with O’Sullivan, Holdings, and OIV, the “Company”), The Bank of New York, in its capacity as indenture trustee (the “Trustee”), GoldenTree Asset Management L.P., as investment advisor for the Senior Secured Noteholders listed on Exhibit “A” (“GoldenTree”), and Mast Credit Opportunities I, (Master) Ltd. (“Mast”).
