GAINSCO INC
AGREEMENT DATED AS OF OCTOBER 4, 2004
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<TYPE>EX-10.9
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<FILENAME>d18850exv10w9.htm
<DESCRIPTION>AGREEMENT DATED AS OF OCTOBER 4, 2004
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<P align="right" style="font-size: 10pt"><B>Exhibit&nbsp;10.9</B>



<P align="center" style="font-size: 10pt"><B>AGREEMENT</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Agreement is entered into as of October&nbsp;4, 2004 by and among GAINSCO,
INC. (the &#147;<I>Company</I>&#148;), Goff Moore Strategic Partners, L.P., Robert W. Stallings,
First Western Capital, LLC, James R. Reis and Glenn W. Anderson.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, the parties to this Agreement are parties to one or more of the
agreements dated August&nbsp;27, 2004 attached as Exhibits 10.1, 10.2, 10.3, 10.5,
10.6 and 10.7 to the Company&#146;s Current Report on Form 8-K filed August&nbsp;30, 2004
(the &#147;<I>August&nbsp;27 Agreements</I>&#148;), which the Company considers together form a
single unified plan related to the recapitalization of the Company and the
employment of its senior management; and


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, the Company believes that all of the August&nbsp;27 Agreements are
essential for the effective restructuring of the Company to enable it to pursue
a long-term personal automobile insurance growth plan;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>NOW, THEREFORE</B>, each of the parties hereto agrees that it will not
consummate any of the transactions contemplated by any of the August&nbsp;27
Agreements unless all receive Shareholder Approval (as such term is defined or
referenced in the respective August&nbsp;27 Agreements). Nothing contained in this
Agreement shall be deemed to modify, limit or void (i)&nbsp;any representation,
warranty, covenant, condition, waiver or other agreement or provisions
contained in any of the August&nbsp;27 Agreements that became effective or binding
upon the execution of any of the respective August&nbsp;27 Agreements, except as
expressly provided in the preceding sentence, or (ii)&nbsp;the obligations of any
party arising in connection with the termination of any of the August&nbsp;27
Agreements. This Agreement may be executed in one or more counterparts, which
when taken together shall represent one and the same document.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>IN WITNESS WHEREOF</B>, the parties have caused this Agreement to be executed
by their duly authorized representatives all as of the day and year first above
written.

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    <TD align="left" nowrap valign="top"><B>GAINSCO, INC</B></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
<B>FIRST WESTERN CAPITAL, LLC</B></TD>
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<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">By  /s/ Glenn W. Anderson<BR>
<HR size="1" noshade>
Glenn W. Anderson<BR>
President and Chief Executive Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
By: /s/ James R. Reis<BR>
<HR size="1" noshade>
James R. Reis<BR>
Sole Member and Manager</TD>
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    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
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<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Robert W. Stallings<BR>
<HR size="1" noshade>
Robert W. Stallings</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
<B>GOFF MOORE STRATEGIC PARTNERS, L.P., </B>a Texas
partnership</TD>
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    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
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<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ James R. Reis<BR>
<HR size="1" noshade>
James R. Reis</TD>
    <TD>&nbsp;</TD>
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By: GMSP Operating Partners, L.P., its<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;general partner<BR>
By: GMSP, L.L.C., its general partner</TD>
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    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
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<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Glenn W. Anderson<BR>
<HR size="1" noshade>
Glenn W. Anderson</TD>
    <TD>&nbsp;</TD>
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By: /s/ John C. Goff<BR>
<HR size="1" noshade>
John C. Goff, Managing Principal</TD>
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