EXHIBIT 10.32 EFFECTIVENESS AGREEMENT dated as of April 20, 2001 (this "EFFECTIVENESS AGREEMENT"), among ALLIANT TECHSYSTEMS INC., a Delaware corporation (the "COMPANY"); the borrowing subsidiaries party hereto (each, a "BORROWING SUBSIDIARY" and...Effectiveness Agreement • August 10th, 2001 • Alliant Techsystems Inc • Ordnance & accessories, (no vehicles/guided missiles) • New York
