Credit Support Compensation and Draw Agreement Sample Contracts

CREDIT SUPPORT COMPENSATION AND DRAW AGREEMENT

Credit Support Compensation and Draw Agreement • April 21st, 2006 • Clarion Technologies Inc/De/ • Motor vehicle parts & accessories • Illinois

• Contract Type
  Credit Support Compensation and Draw Agreement
• Filed
  April 21st, 2006
• Company
  Clarion Technologies Inc/De/
• Industry
  Motor vehicle parts & accessories
• Jurisdiction
  Illinois

This CREDIT SUPPORT COMPENSATION AND DRAW AGREEMENT (this “Agreement”) is made and entered into as of December 16, 2005, between CLARION TECHNOLOGIES, INC., a Delaware corporation (the “Company”), WILLIAM BLAIR MEZZANINE CAPITAL FUND III, L.P., a Delaware limited partnership (“WBMCF”) and Craig Wierda (together with WBMCF, each a “Backstop Lender” and collectively, as the “Backstop Lenders”).