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 AMONG THE DEBTORS, THE FEE EXAMINER, THE COMMITTEE, THE PREPETITION AGENT AND THE UNITED STATES TRUSTEE REGARDING MONTHLY COMPENSATION AND REIMBURSEMENT OF FEE EXAMINER PROFESSIONALS This Stipulation is entered into by and among (i) Collins & Aikman Corporation and its debtor affiliates (C&A or the Debtors), (ii) Judy A. ONeill, in her capacity as fee examiner for C&A (the Fee Examiner), (iii) the Official Committee of Unsecured Creditors (the Committee), (iv) JPMorgan Chase Bank, N.A., as administrative agent for the prepetition senior secured lenders (the Prepetition Agent); and (v) the Office of the United States Trustee (collectively, the Parties, and individually, each a Party), through their respective counsel.
1 The Debtors in the jointly administered cases include: Collins & Aikman Corporation; Amco Convertible Fabrics, Inc., Case No. 0555949; 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. 05-55991; 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. 0555969; Collins & Aikman Automotive Overseas Investment, Inc. (f/k/a Textron Automotive Overseas Investment, Inc.), Case No. 0555978; 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. 05-55964; 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.

DETR_239318.1

0W[;'')

0555927070709000000000001

WHEREAS, on May 17, 2005 (the Petition Date), the Debtors filed their voluntary petitions for relief under chapter 11 of the Bankruptcy Code, 11 U.S.C. 101-1330 (the Bankruptcy Code); WHEREAS, on May 24, 2005, the United States trustee appointed the Committee pursuant to section 1102 of the Bankruptcy Code; WHEREAS, on June 9, 2005, the Court entered its Administrative Order Establishing Procedures for Monthly Compensation and Reimbursement of Expenses for Professionals and Official Committee Members (the Interim Compensation Order), providing procedures for monthly compensation and reimbursement of expenses to professionals of the Debtors and the Committee; WHEREAS, on May 24, 2007, the Court entered an order (the Fee Examiner Order) pursuant to Rule 706 of the Federal Rules of Evidence and section 105 of the Bankruptcy Code, duly appointing Judy A. ONeill as fee examiner in these cases to investigate certain issues set forth in the Fee Examiner Order and authorizing the Fee Examiner to retain Foley & Lardner LLP (Foley) as her counsel and to retain a business consultant; WHEREAS, on June 18, 2007 the Court entered an order approving the Fee Examiners employment of Foley as counsel and on July 5, 2007, the Court entered an order approving the Fee Examiners employment of Development Specialists, Inc. (DSI) as the Fee Examiners business consultant; and WHEREAS, the Parties have agreed to modify the Interim Compensation Order as provided in this Stipulation to permit the Fee Examiner, Foley and DSI (the Fee Examiner Professionals) to be compensated and reimbursed on a monthly basis in accordance with the procedures set forth in the Interim Compensation Order.

2
DETR_239318.1

IT IS HEREBY STIPULATED AND AGREED as follows: 1. Each of the Fee Examiner Professionals is permitted to submit requests for

monthly compensation and expense reimbursement under the Interim Compensation Order as a Professional under such order. 2. This Stipulation may be executed in any number of counterparts. Facsimile

signatures shall be treated as originals for all purposes.

3
DETR_239318.1

STIPULATED AND AGREED: Dated: July 9, 2007 KIRKLAND & ELLIS LLP /s/ Ray C. Schrock 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) Marc J. Carmel (IL 6272032) 200 East Randolph Drive Chicago, Illinois 60601 Telephone: (312) 861-2000 Facsimile: (312) 861-2200 -andCARSON FISCHER, P.L.C. THE OFFICE OF THE UNITED STATES TRUSTEE /s/ Stephen E. Spence______________________ Stephen E. Spence U.S. Department of Justice Office of the United States Trustee 211 W Fort St Ste 700 Detroit, MI 48226 Telephone: (313) 226-7911 Facsimile: (313) 226-7952 FOLEY & LARDNER, LLP /s/ Judy A. ONeill Judy A. ONeill One Detroit Center 500 Woodward Ave. Suite 2700 Detroit, Michigan 48226-3489 Telephone: (313) 234-7113 Fee Examiner

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 Debtors

DETR_239318.1

DYKEMA GOSSETT PLLC

AKIN GUMP STRAUSS HAUER & FELD LLP /s/ Philip C. Dublin Michael S. Stamer Philip C. Dublin 590 Madison Ave. New York, New York 10022 Telephone: (212) 872-1000 Facsimile: (212) 872-1002 -andBUTZEL LONG

/s/ Harold S. Novikoff Ronald L. Rose (P19621) Brendan G. Best (P66370) 400 Renaissance Center Detroit, Michigan 48243 Telephone: (313) 568-6553

-andWACHTELL, LIPTON, ROSEN & KATZ

Harold S. Novikoff David C. Bryan 51 West 52nd Street New York, New York Telephone: (212) 403-1000

Thomas B. Radom 100 Bloomfield Hills Parkway, Suite 200 Bloomfield Hills, Michigan 48304 Telephone: (248) 258-1413 Facsimile: (248) 258-1439

Co-Counsel for JPMorgan Chase Bank, N.A., as Prepetition Agent

Co-Counsel for the Official Committee of Unsecured Creditors

5
DETR_239318.1