Item 1.01. Entry into a Material Definitive Agreement.
On November 5, 2009, Champion Enterprises, Inc. (the "Company") and Champion Home Builders Co. ("Champion Homes"), a wholly-owned subsidiary of the Company, and certain additional subsidiaries of the Company executed an extended waiver and forbearance agreement (the "Extended Forbearance Agreement") relating to the Amended and Restated Credit Agreement among the Company, Champion Homes, Credit Suisse, Cayman Islands Branch ("Credit Suisse"), as Administrative Agent, and the lenders party thereto (the "Lenders"), dated as of April 7, 2006, as amended (the "Credit Agreement"). Pursuant to the Extended Forbearance Agreement, the Lenders extended the previous Forbearance Agreement (which had been entered into on October 9, 2009) in all material respects from October 30, 2009 through November 13, 2009. The Extended Forbearance Agreement remains subject to termination prior to such date upon the occurrence of certain triggering events described in the Forbearance Agreement. The foregoing description does not purport to be complete and is qualified in its entirety by reference to the text of the Extended Forbearance Agreement, which is attached as Exhibit 10.1 to this Current Report and is incorporated into this Item 1.01 by reference. Item 9.01. Financial Statements and Exhibits.

Exhibit
Number

10.1 Extended Waiver and Forbearance Agreement.

---