EXHIBIT 2.1Purchase Agreement • February 4th, 1999 • Industrial Rubber Products Inc • Fabricated rubber products, nec • Utah
1,400,000 SHARES COMMON STOCK INDUSTRIAL RUBBER PRODUCTS, INC. UNDERWRITING AGREEMENT R. J. Steichen & Company One Financial Plaza, Suite 100 Minneapolis, MN 55402-2543 Dear Ladies and Gentlemen: Industrial Rubber Products, Inc., a Minnesota...Underwriting Agreement • April 15th, 1998 • Industrial Rubber Products Inc • Fabricated rubber products, nec • Minnesota
ARTICLE I DEFINITIONS AND ACCOUNTING TERMSCredit Agreement • April 12th, 1999 • Industrial Rubber Products Inc • Fabricated rubber products, nec • Minnesota
EXHIBIT 1O.1 EMPLOYMENT AGREEMENT THIS AGREEMENT made effective the 30th day of January, 1998, is by and between Industrial Rubber Products, Inc. a Minnesota corporation (the "Company"), and Daniel O. Burkes, a resident of the State of Minnesota (the...Employment Agreement • February 20th, 1998 • Industrial Rubber Products Inc • Minnesota
INDUSTRIAL RUBBER APPLICATORS (IRA) 3804 EAST BELTLINE HIBBING, MN 55746 A G R E E M E N TLabor Agreement • February 20th, 1998 • Industrial Rubber Products Inc
EXHIBIT 10.6 NORWEST BANK MINNESOTA NORTH, RESTATED TERM LOAN NATIONAL ASSOCIATION AND CREDIT AGREEMENT THIS RESTATED TERM LOAN AND CREDIT AGREEMENT (the "Agreement") dated as of November 20, 1997 (the "Effective Date") is between Norwest Bank...Term Loan and Credit Agreement • March 27th, 1998 • Industrial Rubber Products Inc • Fabricated rubber products, nec • Minnesota
EXHIBIT 10.2 MANAGEMENT CONTRACT THIS CONTRACT is made effective January 30, 1998 between NELSON ROOFING, INC., a Minnesota corporation, having its principal place of business at 510 West 25th Street, Hibbing, Minnesota 55746 ("Nelson Roofing") and...Management Contract • February 20th, 1998 • Industrial Rubber Products Inc • Minnesota
EXHIBIT 10.7 [WAIVER LETTER] February 13, 1998 Industrial Rubber Applicators, Inc. Attn: Jim Skalski PO Box 782 Hibbing, MN 55746 RE: Restated Term Loan & Credit Agreement Dated 11/20/97 Dear Jim: It is our understanding that IRA, Inc. is considering...Waiver Letter • March 27th, 1998 • Industrial Rubber Products Inc • Fabricated rubber products, nec
It is our understanding that IRA, Inc. is considering placing it's stock for an initial public offering. With regard t this possibility, the bank is willing to waive Other Covenants 8.3 d, 8.3 e, and 8.3 l. This waiver is given with the understanding that Daniel O. Burkes must retain a majority ownership in the Company.
EXHIBIT 10(10) NON-COMPETITION AGREEMENT This NON-COMPETITION AGREEMENT made and entered into as of March 31, 1999 by and between Illinois Tool Works Inc., a Delaware corporation ("ITW"), and Industrial Rubber Products, Inc., a Minnesota corporation...Non-Competition Agreement • April 12th, 1999 • Industrial Rubber Products Inc • Fabricated rubber products, nec
This NON-COMPETITION AGREEMENT made and entered into as of March 31, 1999 by and between Illinois Tool Works Inc., a Delaware corporation ("ITW"), and Industrial Rubber Products, Inc., a Minnesota corporation (hereinafter referred to as "IRP"). W I T N E S E T H: WHEREAS, ITW, pursuant to a Purchase Agreement dated March 25, 1999 (the "Purchase Agreement"), has agreed to sell to IRP substantially all the assets of its Irathane Systems Division, (the "Division"). WHEREAS, in order for each party hereto to induce the other to enter into the Purchase Agreement and to consummate the transac-
RECITALS 1. ITW and IRP have entered into a Purchase Agreement dated March 25, 1999 (the "Purchase Agreement") pursuant to which IRP has purchased from ITW substantially all of the assets of ITW Irathane Systems ("Irathane"), a division of ITW.Secrecy and Supply Agreement • April 12th, 1999 • Industrial Rubber Products Inc • Fabricated rubber products, nec • Illinois
