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AMENDMENT NO. 3 TO FORBEARANCE AGREEMENT

Forbearance Agreement

AMENDMENT NO. 3
TO FORBEARANCE
AGREEMENT You are currently viewing:
This Forbearance Agreement involves

BANK ONE, N.A | CONTINENTAL CONVEYOR & EQUIPMENT COMPANY | GOODMAN CONVEYOR COMPANY

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Title: AMENDMENT NO. 3 TO FORBEARANCE AGREEMENT
Governing Law: New York     Date: 7/23/2004

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Exhibit 10

 

 

                                  Exhibit 10.13

 

                               AMENDMENT NO. 3 TO

                              FORBEARANCE AGREEMENT

 

 

 

     This Amendment No. 3 to  Forbearance  Agreement  ("Amendment")  dated as of

July 13, 2004 is made and entered into by and among  Continental  Global  Group,

Inc., a Delaware corporation (the "Company"),  N.E.S.  Investment Co. ("N.E.S.")

and  Wayzata  Advisers  LLC,  as  successor  to  CFSC  Wayland  Advisers,   Inc.

("Wayland").

 

                                   BACKGROUND

 

A. Wayland is a holder of, or investment manager or advisor for certain

discretionary accounts that are holders or beneficial owners o

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