IN THE UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION In re: COLLINS & AIKMAN CORPORATION,

et al.1 Debtors. ) ) ) ) ) ) ) ) Chapter 11 Case No. 05-55927 (SWR) (Jointly Administered) (Tax Identification #13-3489233) Honorable Steven W. Rhodes

STIPULATION BY AND BETWEEN THE COLLINS & AIKMAN POST-CONSUMMATION TRUST AND GENESIS GLOBAL SOLUTIONS REGARDING DISALLOWANCE OF CLAIM OF GENESIS GLOBAL SOLUTIONS This Stipulation regarding the disallowance of a claim of Genesis Global Solutions (Genesis) is made as of November 12, 2007, by and between the Collins & Aikman Post-Consummation Trust (the Post-Consummation Trust) and Genesis. WHEREAS, on May 17, 2005 (the Petition Date), the above-captioned debtors (collectively, the Debtors) filed petitions for relief under chapter 11 of title 11 of the United

The Debtors in the jointly administered cases include: Collins & Aikman Corporation; Amco Convertible Fabrics, Inc., Case No. 05-55949; Becker Group, LLC (d/b/a/ Collins & Aikman Premier Mold), Case No. 05-55977; Brut Plastics, Inc., Case No. 05-55957; Collins & Aikman (Gibraltar) Limited, Case No. 05-55989; Collins & Aikman Accessory Mats, Inc. (f/k/a the Akro Corporation), Case No. 05-55952; Collins & Aikman Asset Services, Inc., Case No. 05-55959; Collins & Aikman Automotive (Argentina), Inc. (f/k/a Textron Automotive (Argentina), Inc.), Case No. 05-55965; Collins & Aikman Automotive (Asia), Inc. (f/k/a Textron Automotive (Asia), Inc.), Case No. 0555991; Collins & Aikman Automotive Exteriors, Inc. (f/k/a Textron Automotive Exteriors, Inc.), Case No. 05-55958; Collins & Aikman Automotive Interiors, Inc. (f/k/a Textron Automotive Interiors, Inc.), Case No. 05-55956; Collins & Aikman Automotive International, Inc., Case No. 05-55980; Collins & Aikman Automotive International Services, Inc. (f/k/a Textron Automotive International Services, Inc.), Case No. 05-55985; Collins & Aikman Automotive Mats, LLC, Case No. 05-55969; Collins & Aikman Automotive Overseas Investment, Inc. (f/k/a Textron Automotive Overseas Investment, Inc.), Case No. 05-55978; Collins & Aikman Automotive Services, LLC, Case No. 05-55981; Collins & Aikman Canada Domestic Holding Company, Case No. 05-55930; Collins & Aikman Carpet & Acoustics (MI), Inc., Case No. 05-55982; Collins & Aikman Carpet & Acoustics (TN), Inc., Case No. 05-55984; Collins & Aikman Development Company, Case No. 05-55943; Collins & Aikman Europe, Inc., Case No. 05-55971; Collins & Aikman Fabrics, Inc. (d/b/a Joan Automotive Industries, Inc.), Case No. 05-55963; Collins & Aikman Intellimold, Inc. (d/b/a M&C Advanced Processes, Inc.), Case No. 05-55976; Collins & Aikman Interiors, Inc., Case No. 05-55970; Collins & Aikman International Corporation, Case No. 05-55951; Collins & Aikman Plastics, Inc., Case No. 05-55960; Collins & Aikman Products Co., Case No. 05-55932; Collins & Aikman Properties, Inc., Case No. 0555964; Comet Acoustics, Inc., Case No. 05-55972; CW Management Corporation, Case No. 05-55979; Dura Convertible Systems, Inc., Case No. 05-55942; Gamble Development Company, Case No. 05-55974; JPS Automotive, Inc. (d/b/a PACJ, Inc.), Case No. 05-55935; New Baltimore Holdings, LLC, Case No. 05-55992; Owosso Thermal Forming, LLC, Case No. 05-55946; Southwest Laminates, Inc. (d/b/a Southwest Fabric Laminators Inc.), Case No. 05-55948; Wickes Asset Management, Inc., Case No. 05-55962; and Wickes Manufacturing Company, Case No. 05-55968.

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States Code, 11 U.S.C. 101-1330 (the Bankruptcy Code), in the United States Bankruptcy Court for the Eastern District of Michigan (the Bankruptcy Court); and WHEREAS, on February 24, 2006, Genesis filed a prepetition general unsecured claim against the Debtors in the amount of $63,622.16, which was later designated Claim No. 8316 (the First Proof of Claim); and WHEREAS, on March 1, 2006, Genesis filed a prepetition general unsecured claim against the Debtors in the amount of $63,622.16, which was later designated Claim No. 8319 (the Second Proof of Claim); and WHEREAS, the Second Proof of Claim is an exact duplicate of the First Proof of Claim; and WHEREAS, on January 9, 2007, the Debtors filed their Eleventh Omnibus Objection to Claims (Duplicate Claims) [Docket No. 3871] (the Eleventh Omnibus Objection) pursuant to which, among other things, the Debtors requested that the Court disallow the Second Proof of Claim as duplicative of the First Proof of Claim; and WHEREAS, on February 14, 2007, the Court entered an order approving the Eleventh Omnibus Objection under which the Second Proof of Claim was disallowed [Docket No. 4111]; and WHEREAS, on March 6, 2007, the Debtors filed their Fourteenth Omnibus Objection to Claims (Claims that Have Been Amended) [Docket No. 4248] (the Fourteenth Omnibus Objection) pursuant to which the Debtors inadvertently requested that the Court disallow the First Proof of Claim; and

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WHEREAS, on April 18, 2007, the Court entered an order approving the Fourteenth Omnibus Objection under which the First Proof of Claim was disallowed [Docket No. 4520] (the Order); and WHEREAS, the Post-Consummation Trust and Genesis agree that the First Proof of Claim shall be reinstated as if it was never disallowed under the Order. IT IS HEREBY STIPULATED AND AGREED as follows: 1. The First Proof of Claim is reinstated as a prepetition general unsecured claim in

the amount of $63,622.16 as if it was never disallowed under the Order. 2. The portion of the Order disallowing the First Proof of Claim is hereby vacated.

The remainder of the Order not vacated pursuant to this paragraph 2 of this Stipulation remains in full force and effect. 3. 4. The Second Proof of Claim remains disallowed in its entirety. Nothing in this Stipulation shall affect the rights of the Post-Consummation Trust

or any other interested party to object to the First Proof of Claim on any grounds other than those set forth in the Fourteenth Omnibus Objection. 5. The Bankruptcy Court shall retain jurisdiction (and the Post-Consummation Trust

and Genesis consent to such retention of jurisdiction) to resolve any disputes or controversies arising from or related to this Stipulation. Any request for relief brought before the Bankruptcy Court to resolve a dispute arising from or related to this Stipulation shall be brought on proper notice and in accordance with relevant Federal Rules of Bankruptcy Procedure and Local Rules for the Bankruptcy Court of the Eastern District of Michigan. 6. This Stipulation comprises the entire agreement between the parties in respect of

the subject matter hereof.

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7.

This Stipulation may be executed in multiple counterparts, any of which may be

transmitted by facsimile, and each of which shall be deemed an original, but all of which together shall constitute one instrument. 8. The signatories to this Stipulation represent that they have been duly authorized

by their clients to execute this Stipulation. 9. This Stipulation shall not be modified, altered, amended or vacated without

written consent of all parties hereto. Any such modification, alteration, amendment or vacation, in whole or in part, shall be subject to the approval of the Bankruptcy Court. 10. The terms and conditions of this Stipulation shall be immediately effective and

enforceable upon the entry of the order approving this Stipulation. [Remainder of page intentionally left blank]

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KIRKLAND & ELLIS LLP /s/ Scott R. Zemnick Richard M. Cieri (NY RC 6062) Citigroup Center 153 East 53rd Street New York, New York 10022 Telephone: (212) 446-4800 Facsimile: (212) 446-4900 -andDavid L. Eaton (IL 3122303) Ray C. Schrock (IL 6257005) Scott R. Zemnick (IL 6276224) 200 East Randolph Drive Chicago, Illinois 60601 Telephone: (312) 861-2000 Facsimile: (312) 861-2200 -andCARSON FISCHER, P.L.C. Joseph M. Fischer (P13452) 4111 West Andover Road West - Second Floor Bloomfield Hills, Michigan 48302 Telephone: (248) 644-4840 Facsimile: (248) 644-1832 Co-Counsel for the Post-Consummation Trust

DICKINSON & WRIGHT PLLC /s/ Dawn R. Copley Dawn R. Copley (P53343) 500 Woodward Avenue Suite 4000 Detroit, Michigan 48226 Telephone: (313) 223-5000 Counsel for Genesis

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