Common use of CHANGE OF MANAGEMENT DEFAULT Clause in Contracts

CHANGE OF MANAGEMENT DEFAULT. In addition to the Events of Default specified in Paragraph 12 of the Agreement, it shall be an Event of Default hereunder if any of ________________, ________________ or __________________ shall cease to be the _________________, ______________________ or ___________________, respectively, of Borrower. BORROWER: DORSON SPORTS, INC. INITIALED FOR BORR▇▇▇▇ ▇Y: /s/ LG ---------------------- DATE: MAY 27, 1998 INITIALED FOR BANK BY: /s/ RSC _______ -------------------------- EXHIBIT A-SPECIAL PROVISIONS - PAGE 10 ------------------------------------- Attached to and made a part of that certain Loan and Security Agreement of even date herewith between DORSON SPORTS, INC. ("Borrower") and LASALLE NATIONAL BANK ("Bank").

CHANGE OF MANAGEMENT DEFAULT. In addition to the Events of Default specified in Paragraph 12 of the Agreement, it shall be an Event of Default hereunder if any of ________________, ________________ or __________________ shall cease to be the _________________, ______________________ or ___________________, respectively, of Borrower. BORROWER: DORSON APPLE SPORTS, INC. INITIALED FOR BORR▇▇▇▇ ▇YBORROWER BY: /s/ LG ---------------------- DATE: MAY 27, 1998 INITIALED FOR BANK BY: /s/ RSC _______ -------------------------- EXHIBIT A-SPECIAL PROVISIONS - PAGE 10 ------------------------------------- Attached to and made a part of that certain Loan and Security Agreement of even date herewith between DORSON APPLE SPORTS, INC. ("Borrower") and LASALLE NATIONAL BANK ("Bank").

CHANGE OF MANAGEMENT DEFAULT. In addition to the Events of Default specified in Paragraph 12 of the Agreement, it shall be an Event of Default hereunder if any of ________________, ________________ or __________________ shall cease to be the _________________, ______________________ or ___________________, respectively, of Borrower. BORROWER: DORSON SPORTSAPPLE GOLF SHOES, INC. INITIALED FOR BORR▇▇▇▇ ▇YBORROWER BY: /s/ LG ---------------------- DATE: MAY 27, 1998 INITIALED FOR BANK BY: /s/ RSC _______ -------------------------- EXHIBIT A-SPECIAL PROVISIONS - PAGE 10 ------------------------------------- Attached to and made a part of that certain Loan and Security Agreement of even date herewith between DORSON SPORTSAPPLE GOLF SHOES, INC. ("Borrower") and LASALLE NATIONAL BANK ("Bank").