PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • July 7th, 2021 • Friedman Industries Inc • Steel works, blast furnaces & rolling & finishing mills • New York
THIS PLEDGE AND SECURITY AGREEMENT (as it may be amended, restated, supplemented or otherwise modified from time to time, the “Security Agreement”) is entered into as of May 19, 2021 by and among FRIEDMAN INDUSTRIES, INCORPORATED, a Texas corporation (the “Company”), and any additional entities which become parties to this Security Agreement by executing a Security Agreement Supplement hereto in substantially the form of Annex I hereto (such additional entities, together with the Company, each a “Grantor”, and collectively, the “Grantors”), and JPMORGAN CHASE BANK, N.A., in its capacity as administrative agent (the “Administrative Agent”) for the lenders party to the Credit Agreement referred to below.
Note Modification AgreementNote Modification Agreement • July 7th, 2021 • Friedman Industries Inc • Steel works, blast furnaces & rolling & finishing mills • Louisiana
This agreement is dated as of April 12, 2021 (the "Agreement Date"), by and between FRIEDMAN INDUSTRIES, INCORPORATED (the "Borrower") and JPMorgan Chase Bank, N.A. (together with its successors and assigns, the "Bank"). The provisions of this agreement are effective on the date that this agreement has been executed by all of the signers and delivered to the Bank (the "Effective Date").
Credit AgreementCredit Agreement • July 7th, 2021 • Friedman Industries Inc • Steel works, blast furnaces & rolling & finishing mills • Louisiana
This agreement dated as of March 4, 2021 is between JPMorgan Chase Bank, N.A. (together with its successors and assigns, the "Bank"), whose address is 1935 Airline Dr, Floor 01, Bossier City, LA 71112-2407, and FRIEDMAN INDUSTRIES, INCORPORATED (individually, the "Borrower" and if more than one, collectively, the "Borrowers"), whose address is 1121 Judson Road Suite 124, Longview, TX 75601.
Continuing Security AgreementContinuing Security Agreement • July 7th, 2021 • Friedman Industries Inc • Steel works, blast furnaces & rolling & finishing mills
Grant of Security Interest. To secure the payment and performance of the Liabilities, FRIEDMAN INDUSTRIES, INCORPORATED (whether one or more, the "Borrower", individually and collectively if more than one) pledges, assigns and grants to JPMorgan Chase Bank, N.A., whose address is 1935 Airline Dr, Floor 01, Bossier City, LA 71112-2407 (together with its successors and assigns, the "Bank") a continuing security interest in, all of its right, title and interest in the Collateral (as hereinafter defined), whether now owned or hereafter acquired and whether now existing or hereafter arising.
First Amendment to Credit AgreementCredit Agreement • July 7th, 2021 • Friedman Industries Inc • Steel works, blast furnaces & rolling & finishing mills • Louisiana
This First Amendment to Credit Agreement (this "Amendment") is dated as of April 12, 2021, by and between FRIEDMAN INDUSTRIES, INCORPORATED (the "Borrower") and JPMorgan Chase Bank, N.A. (together with its successors and assigns the "Bank"). The provisions of this Amendment are effective on the date that this Amendment has been executed by all of the signers and delivered to the Bank (the "Effective Date").
