STANDSTILL AGREEMENTStandstill Agreement • March 5th, 2013 • Span America Medical Systems Inc • Orthopedic, prosthetic & surgical appliances & supplies • South Carolina
This Standstill Agreement (this “Agreement”) is made and entered into as of March 1, 2013 between Span-America Medical Systems, Inc., a South Carolina corporation (the “Company”), Anita G. Zucker, as Trustee of The Jerry Zucker Revocable Trust dated March 20, 2007 and as successor-in-interest to Jerry Zucker, deceased (the “Zucker Trustee”), Robert B. Johnston, a natural person residing on The Isle of Palms, South Carolina (“Johnston”) and The InterTech Group, Inc., a South Carolina corporation (“InterTech” and collectively with the Zucker Trustee and Johnston, the “InterTech Parties”). The Company and the InterTech Parties are referred to herein as the “Parties” and each a “Party.”
