W I T N E S S E T H:Asset Purchase Agreement • November 15th, 1996 • Nortech Systems Inc • Electronic components, nec • Minnesota
EXHIBIT 10.7Promissory Note • March 31st, 1997 • Nortech Systems Inc • Electronic components, nec
THE INDEBTEDNESS EVIDENCED BY THIS NOTE IS SECURED BY A COMBINATION MORTGAGE, ASSIGNMENT OF RENTS AND LEASES, SECURITY AGREEMENT AND FIXTURE FINANCING STATEMENT (THE "MORTGAGE") OF EVEN DATE HEREWITH, ON LAND IN CROW WING COUNTY, MINNESOTA, AND REFERENCE IS MADE TO THE MORTGAGE FOR RIGHTS AS TO ACCELERATION OF THE INDEBTEDNESS EVIDENCED BY THIS NOTE.
TYPE INTEREST PRINCIPAL FUNDING/ MATURITY CUSTOMER LOAN OF RATE AMOUNT/ AGREEMENT DATE NUMBER NUMBER LOAN CREDIT DATE LIMIT --------------------------- --------------------------------------------------------------------- Revolving Variable $5,000,000...Loan Agreement • April 2nd, 2001 • Nortech Systems Inc • Electronic components, nec
COMMERCIAL SECURITY AGREEMENTCommercial Security Agreement • March 31st, 1997 • Nortech Systems Inc • Electronic components, nec
LEASELease Agreement • April 2nd, 2001 • Nortech Systems Inc • Electronic components, nec • Wisconsin
EXHIBIT 10.2 AMENDMENT OF $3,000,000 PROMISSORY NOTE This AMENDMENT of $3,000,000 PROMISSORY NOTE made and entered into effective this 30th day of December, 1998, by and between Nortech Systems Incorporated and Nortech Medical Services, Inc....Promissory Note Amendment • March 31st, 1999 • Nortech Systems Inc • Electronic components, nec
CREDIT AGREEMENT Dated as of February 29, 2024 among NORTECH SYSTEMS INCORPORATED, as the Borrower, THE OTHER LOAN PARTIES FROM TIME TO TIME PARTY HERETO, and BANK OF AMERICA, N.A., as the LenderCredit Agreement • March 5th, 2024 • Nortech Systems Inc • Electronic components, nec • New York
NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENTEmployment Agreement • December 5th, 2023 • Nortech Systems Inc • Electronic components, nec • Minnesota
This Employment Agreement (“Agreement”), effective as of December 1, 2023 (the “Effective Date”), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Andrew D.C. LaFrence (“Executive”), collectively referred to as the “Parties.”
SECOND AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT BY AND BETWEEN NORTECH SYSTEMS INCORPORATED AND WELLS FARGO BANK, NATIONAL ASSOCIATIONCredit and Security Agreement • August 14th, 2009 • Nortech Systems Inc • Electronic components, nec • Minnesota
This Second Amended and Restated Credit and Security Agreement (“Agreement”) is entered into between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (the “Borrower”), WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association (the “Lender”).
NORTECH SYSTEMS INCORPORATED EMPLOYMENT AGREEMENTEmployment Agreement • February 20th, 2019 • Nortech Systems Inc • Electronic components, nec • Minnesota
This Employment Agreement (“Agreement”), effective as of February 27, 2019 (the “Effective Date”), is made by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Jay D. Miller (“Executive”), collectively referred to as the “parties.”
BORROWER [LOGO] NORTHERN NORTECH SYSTEMS INCORPORATED COMMERCIAL/ NATIONAL BANK AGRICULTURAL 201 3RD STREET REVOLVING OR DRAW BEMIDJI, MN 56601-0790 ADDRESS NOTE-VARIABLE RATE TELEPHONE 218-751-1530 4050 NORRIS COURT "LENDER" BEMIDJI, MN 56601...Revolving Credit Note • March 31st, 1997 • Nortech Systems Inc • Electronic components, nec
MODIFICATION OF NOTEModification of Note • March 29th, 2000 • Nortech Systems Inc • Electronic components, nec
TENTH AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • March 27th, 2018 • Nortech Systems Inc • Electronic components, nec
THIS TENTH AMENDMENT (the “Amendment”), dated effective as of January 12, 2017, is entered into by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Company”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), acting through its Wells Fargo Business Credit operating division.
January 31, 2002Letter of Undertaking • April 1st, 2002 • Nortech Systems Inc • Electronic components, nec
LEASE AGREEMENT 1950 Excel Drive, Mankato, MNLease Agreement • September 1st, 2020 • Nortech Systems Inc • Electronic components, nec • Minnesota
THIS LEASE AGREEMENT (this “Lease”) is made effective August 27, 2020 (the “Effective Date”), by and between Essjay Mankato Holdings, LLC, a Minnesota limited liability company (“Landlord”), whose address is c/o Essjay, Inc., 4110 40th Street S, Suite 104, Fargo, North Dakota 58104, Attn: Josh Benson, and NORTECH SYSTEMS INCORPORATED., a Minnesota corporation (“Tenant”), whose address is 7550 Meridian Circle North, Maple Grove, MN 55369, Attn: CFO. Capitalized terms not defined herein shall have the meanings set forth in Exhibit A to this Agreement.
ADDENDUM "A" WITH RESPECT TO LEASE AGREEMENT ORDER NO. OL-10154 AND LEASE SCHEDULE NO. 01Lease Agreement • March 31st, 1999 • Nortech Systems Inc • Electronic components, nec
NORTECH SYSTEMS INCORPORATED NON-QUALIFIED STOCK OPTION AGREEMENTNon-Qualified Stock Option Agreement • March 2nd, 2022 • Nortech Systems Inc • Electronic components, nec • Minnesota
This STOCK OPTION AGREEMENT is made and entered into as of the 27th day of February, 2022, between Nortech Systems Incorporated, a Minnesota corporation (the “Company”) and Jay D. Miller (“Executive”).
FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND CONSENTLoan and Security Agreement • September 1st, 2020 • Nortech Systems Inc • Electronic components, nec • Minnesota
THIS FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND CONSENT (this “Amendment”) is made and entered into effective as of August ___, 2020, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and BANK OF AMERICA, N.A., a national banking association (together with its successors and assigns, the “Lender”).
FIFTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 17th, 2005 • Nortech Systems Inc • Electronic components, nec
THIS FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of March 4, 2005, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”).
EXHIBIT 10.1Variable Rate Commercial Promissory Note • March 31st, 1997 • Nortech Systems Inc • Electronic components, nec
AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • December 21st, 2018 • Nortech Systems Inc • Electronic components, nec
This amendment (“Amendment”) dated effective as of December 19, 2018 by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”) and Richard Wasielewski (the “Executive,” and together with the Company, the “Parties”).
722169 STATE BAR OF WISCONSIN FORM 11 - 1982 LAND CONTRACT INDIVIDUAL AND CORPORATE [STAMP] (TO BE USED FOR ALL TRANSACTIONS WHERE OVER $25,000 IS FINANCED AND IN OTHER NON-CONSUMER DOCUMENT NO. ACT TRANSACTIONS)Land Contract • March 30th, 1998 • Nortech Systems Inc • Electronic components, nec
Vendor sells and agrees to convey to Purchaser, upon the prompt and full performance of this contract by Purchaser, the following property, together with the rents, profits, fixtures and other appurtenant interests (all called the "Property"), in -----------------------------------------------------------
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • August 11th, 2020 • Nortech Systems Inc • Electronic components, nec • Minnesota
THIS PURCHASE AND SALE AGREEMENT (“Agreement”), dated for reference purposes as of June 24, 2020 (the “Effective Date”), is entered into by and between NORTECH SYSTEMS, INC., a Minnesota corporation (“Seller”) and ESSJAY INVESTMENT COMPANY, LLC, a North Dakota limited liability company and/or its assigns hereunder (“Buyer”).
SEVENTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 9th, 2007 • Nortech Systems Inc • Electronic components, nec
THIS SEVENTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is effective as of February 2, 2007, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Lender”).
EIGHTH AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • February 24th, 2016 • Nortech Systems Inc • Electronic components, nec
THIS EIGHTH AMENDMENT (the “Amendment”), dated effective as of February 22, 2016, is entered into by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Company”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), acting through its Wells Fargo Business Credit operating division.
EXHIBIT 10.2 COMMERCIAL/AGRICULTURAL REVOLVING NOTE-VARIABLE RATECommercial/Agricultural Revolving Note • March 31st, 1997 • Nortech Systems Inc • Electronic components, nec
NORTECH SYSTEMS INCORPORATED Change of Control AgreementChange of Control Executive Severance Agreement • March 11th, 2015 • Nortech Systems Inc • Electronic components, nec • Minnesota
This Change of Control Executive Severance Agreement is entered into as of , by and between Nortech Systems Incorporated, a Minnesota Corporation (the Corporation) and (the Executive).
BORROWER [LOGO] NORTHERN NORTECH SYSTEMS INCORPORATED COMMERCIAL/ NATIONAL BANK AGRICULTURAL 201 3RD STREET REVOLVING OR DRAW BEMIDJI, MN 56601-0790 ADDRESS NOTE-VARIABLE RATE TELEPHONE 218-751-1530 4050 NORRIS COURT "LENDER" BEMIDJI, MN 56601...Revolving Credit Agreement • March 31st, 1997 • Nortech Systems Inc • Electronic components, nec
SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVERLoan and Security Agreement • August 14th, 2019 • Nortech Systems Inc • Electronic components, nec • Minnesota
THIS SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVER (this “Amendment”) is made and entered into effective as of August 13, 2019, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and BANK OF AMERICA, N.A., a national banking association (the “Lender”).
NORTECH SYSTEMS INCORPORATED FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • November 12th, 2020 • Nortech Systems Inc • Electronic components, nec
THIS AMENDMENT ("Amendment") dated effective as of this 11th, day of November, 2020 by and between Nortech Systems Incorporated, a Minnesota corporation (the “Company”), and Jay D. Miller (“Executive”). The Company and the Executive may be referred to herein as the “parties.”
FIRST AMENDMENT TO LEASELease Agreement • March 19th, 2020 • Nortech Systems Inc • Electronic components, nec
This FIRST AMENDMENT TO LEASE (this “Amendment”) is made and effective this 17th day of September, 2018 (“Effective Date”), by and between AR Meridian Circle Owner, LLC, a Delaware limited liability company (“Landlord”) and Nortech Systems, Inc., a Minnesota corporation (“Tenant”).
FIFTH AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • May 14th, 2021 • Nortech Systems Inc • Electronic components, nec • Minnesota
THIS FIFTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (this “Amendment”) is made and entered into effective as of December 1st, 2020, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Borrower”), and BANK OF AMERICA, N.A., a national banking association (together with its successors and assigns, the “Lender”).
ContractLease Agreement • November 27th, 2024 • Nortech Systems Inc • Electronic components, nec
This 2024 Amendment (“Amendment”) to Lease Agreement is made and entered into as of November 25, 2024 (the “Effective Date”), by and between PAKONEN-KOLB, LLC, a Minnesota limited liability company (“Landlord”) and NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (“Tenant”) (each a “Party” and collectively, the “Parties”).
THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • March 30th, 2004 • Nortech Systems Inc • Electronic components, nec
THIS THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT (this "Amendment") is entered into as of December 26, 2003, by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation ("Borrower"), and WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank").
Lease AgreementLease Agreement • March 22nd, 2016 • Nortech Systems Inc • Electronic components, nec
a company established under the laws of the People’s Republic of China and having its office at 5F, North Block, A1 Building, 218 Xinghu Street, Suzhou Industrial Park, China, 215123 (hereinafter referred as “Party A”)
