Wsi Industries, Inc. Sample Contracts

RECITAL
Stock Purchase Agreement • August 23rd, 1999 • Wsi Industries Inc • Electronic components, nec • Minnesota
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ARTICLE I DEFINITIONS
Loan Agreement • January 8th, 2003 • Wsi Industries Inc • Metalworkg machinery & equipment • Minnesota
ARTICLE 1 PURCHASE AND SALE OF ASSETS
Asset Purchase Agreement • March 4th, 2002 • Wsi Industries Inc • Metalworkg machinery & equipment • Minnesota
RECITAL
Stock Purchase Agreement • March 2nd, 1999 • Wsi Industries Inc • Electronic components, nec • Minnesota
RECITALS
Credit and Security Agreement • November 19th, 2001 • Wsi Industries Inc • Metalworkg machinery & equipment • Minnesota
LEASE
Lease Agreement • March 2nd, 1999 • Wsi Industries Inc • Electronic components, nec
RECITALS
Non-Compete Agreement • August 23rd, 1999 • Wsi Industries Inc • Electronic components, nec • Minnesota
LOAN AGREEMENT
Loan Agreement • August 23rd, 1999 • Wsi Industries Inc • Electronic components, nec • Minnesota
WITNESSETH:
Employment Agreement • August 23rd, 1999 • Wsi Industries Inc • Electronic components, nec • Minnesota
RECITALS:
Purchase Agreement • June 26th, 2001 • Wsi Industries Inc • Metalworkg machinery & equipment
AMENDED AND RESTATED SECURITY AGREEMENT
Security Agreement • November 17th, 2011 • Wsi Industries, Inc. • Metalworkg machinery & equipment
GUARANTY
Guaranty • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS GUARANTY (the “Guaranty”) is executed as of February 15, 2017, by WSI ROCHESTER, INC., a Minnesota corporation (“Guarantor”), for the benefit of TRADITION CAPITAL BANK, a Minnesota banking corporation (“Lender”), with reference to the following facts:

RECITALS
Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Financing Statement • August 23rd, 1999 • Wsi Industries Inc • Electronic components, nec • Minnesota
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MORTGAGE AND SECURITY AGREEMENT AND FIXTURE FINANCING STATEMENT
Mortgage and Security Agreement • May 11th, 2004 • Wsi Industries Inc • Metalworkg machinery & equipment
LOAN AGREEMENT
Loan Agreement • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS LOAN AGREEMENT (sometimes hereinafter referred to as Date”), by and between WSI INDUSTRIES, INC., a Minnesota corporation (hereinafter referred “Loan Agreement”) made effective as of this 15th day of February, 2017 (the “Effective to as “Borrower”), and TRADITION CAPITAL BANK, a Minnesota state banking corporation (hereinafter referred to as “Lender”).

AMENDMENT NO. 1 TO EMPLOYMENT (CHANGE IN CONTROL) AGREEMENT
Employment (Change in Control) Agreement • November 22nd, 2002 • Wsi Industries Inc • Metalworkg machinery & equipment
SECOND AMENDMENT TO EMPLOYMENT CHANGE IN CONTROL AGREEMENT
Employment Change in Control Agreement • December 30th, 2008 • Wsi Industries, Inc. • Metalworkg machinery & equipment

This Amendment made as of this 29th day of December, 2008 by and between WSI Industries, Inc., a Minnesota corporation (“WSI”) and Paul D. Sheely (“Sheely”).

AGREEMENT AND PLAN OF MERGER by and among POLARIS INDUSTRIES INC., ICEMAN MERGER SUB, INC. and WSI INDUSTRIES, INC. dated as of September 5, 2018
Merger Agreement • September 6th, 2018 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota
GUARANTY BY CORPORATION
Guaranty Agreement • August 29th, 2008 • Wsi Industries, Inc. • Metalworkg machinery & equipment

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and to induce M&I Marshall & Ilsley Bank, a Wisconsin State banking corporation (herein, with its participants, successors and assigns, called “Bank”), at its option, at any time or from time to time to make loans or extend other accommodations to or for the account of WSI Industries, Inc., a Minnesota corporation (herein called “Borrower”) or to engage in any other transactions with Borrower, the undersigned hereby absolutely and unconditionally guarantees to the Bank the full and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of the debts, liabilities and obligations described as follows:

GUARANTY
Guaranty • May 10th, 2013 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS GUARANTY (this “Guaranty”), is made as May 8, 2013, by WSI Rochester, Inc., a Minnesota corporation, having an address of 213 Chelsea Road, Monticello, MN 55362 (hereinafter called the “Guarantor”) for the benefit of BMO Harris Bank N.A., a national banking association (hereinafter called the “Lender”).

SECURITY AGREEMENT
Security Agreement • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS SECURITY AGREEMENT (the “Security Agreement”) is executed as of February 15, 2017, by and between WSI ROCHESTER, INC., a Minnesota corporation, whose address is 213 Chelsea Road, Monticello, MN 55362 (hereinafter called “Guarantor”) does hereby grant unto TRADITION CAPITAL BANK, a Minnesota state banking corporation, whose address is 7601 France Avenue South, Suite 140, Edina, MN 55435 (hereinafter called “Lender”), a security interest in the following described property (hereinafter called “Collateral”):

Prepared by, and after recording return to: Michelle R. Jester, Esq. Messerli & Kramer P.A.
Combination Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota
RESTRICTIVE COVENANT AGREEMENT
Restrictive Covenant Agreement • October 13th, 2009 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS RESTRICTIVE COVENANT AGREEMENT (“Agreement”) is entered into as of [ ], by and between [ ] (“Employee”) and WSI Industries, Inc., (the “Company” or the “Employer”).

GUARANTY
Guaranty • November 17th, 2011 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS GUARANTY (this “Guaranty”), is made as of the 1st day of February, 2011, by Taurus Numeric Tool, Inc., a Minnesota corporation, having an address of 213 Chelsea Road, Monticello, MN 55362 (hereinafter called the “Guarantor”) for the benefit of M&I Marshall & Ilsley Bank, a Wisconsin banking corporation (hereinafter called the “Lender”).

SECURITY AGREEMENT
Security Agreement • February 17th, 2017 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS SECURITY AGREEMENT (the “Security Agreement”) is executed as of February 15, 2017, by and between WSI INDUSTRIES, INC., a Minnesota corporation, whose address is 213 Chelsea Road, Monticello, MN 55362 (hereinafter called “Borrower”) does hereby grant unto TRADITION CAPITAL BANK, a Minnesota state banking corporation, whose address is 7601 France Avenue South, Suite 140, Edina, MN 55435 (hereinafter called “Lender”), a security interest in the following described property (hereinafter called “Collateral”):

LOAN AGREEMENT
Loan Agreement • May 10th, 2013 • Wsi Industries, Inc. • Metalworkg machinery & equipment • Minnesota

THIS LOAN AGREEMENT is made and entered into as of May 8, 2013, by and between BMO Harris Bank N.A., a national banking association (“Lender”), and WSI Industries, Inc., a Minnesota corporation (“Borrower”), and WSI Industries, Co., a Minnesota corporation and WSI Rochester, Inc., (jointly "Guarantors", or individually, a "Guarantor").

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