Passivity Commitment Sample Contracts

Passivity Commitment
Passivity Commitment • February 2nd, 2012 • Stadium Capital Management LLC • Savings institution, federally chartered

Stadium Capital Management, LLC, Stadium Capital Partners, L.P., Stadium Capital Qualified Partners, L.P., Seaver Kent Family Investments, LLC, the Seaver Family Trust U/A/D 10/7/93, Kent Family Trust U/A/D 6/5/97 and Dominic P. DeMarco and Kathleen Demarco Trustees U/A/D 2/20/01 trust (each, a “Stadium Acquirer”), and their subsidiaries and affiliates (collectively, “Stadium Acquirer Group”), will not, without the prior approval of the Board or its staff, directly or indirectly:

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