Executive Severance Protection and Restrictive Covenant Agreement Sample Contracts

Alliance Laundry Systems LLC Ripon, Wisconsin 54971 Form of Executive Severance Protection and Restrictive Covenant Agreement

Executive Severance Protection and Restrictive Covenant Agreement • February 11th, 2005 • Alliance Laundry Systems LLC • Wholesale-machinery, equipment & supplies

• Contract Type
  Executive Severance Protection and Restrictive Covenant Agreement
• Filed
  February 11th, 2005
• Company
  Alliance Laundry Systems LLC
• Industry
  Wholesale-machinery, equipment & supplies

Reference is made to (i) the Unit Purchase Agreement (the “UPA”) dated as of December 7, 2004, by and among Alliance Laundry Holdings LLC, its Securityholders and ALH Holding Inc. (“ALH”) and (ii) the term sheet letter agreement dated as of December 7, 2004, between ALH and Messrs. L’Esperance, Brothers, Rounds, Przybysz, Gaster, Wallace and Spiller (the “Term Sheet”).