Winland Electronics Inc Sample Contracts

PARTIES
Loan Agreement • March 30th, 2000 • Winland Electronics Inc • Industrial instruments for measurement, display, and control
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AGREEMENTS
Employment Agreement • March 27th, 1996 • Winland Electronics Inc • Electronic components, nec • Minnesota
WINLAND ELECTRONICS, INC. and WELLS FARGO BANK MINNESOTA, N.A. Rights Agreement Dated as of December 9, 2003
Rights Agreement • December 10th, 2003 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota

Agreement, dated as of December 9, 2003, between Winland Electronics, Inc., a Minnesota corporation (the “Company”), and Wells Fargo Bank Minnesota, N.A., as rights agent (the “Rights Agent”).

AGREEMENTS
Employment Agreement • March 18th, 1999 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota
MORTGAGE
Mortgage • March 30th, 2000 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota
WINLAND ELECTRONICS, INC. and REGISTRAR AND TRANSFER COMPANY as Rights Agent, Section 382 Rights Agreement Dated as of February 27, 2014
Section 382 Rights Agreement • February 27th, 2014 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • New Jersey

This SECTION 382 RIGHTS AGREEMENT, dated as of February 27, 2014 (this “Agreement”), by and between Winland Electronics, Inc., a Minnesota corporation (the “Company”), and Registrar and Transfer Company (the “Rights Agent”).

PARTICIPANT
Incentive Stock Option Agreement • May 12th, 2008 • Winland Electronics Inc • Industrial instruments for measurement, display, and control
EMPLOYMENT AGREEMENT
Employment Agreement • May 9th, 2008 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota

This is an Employment Agreement (“Agreement”) between Winland Electronics, Inc., a Minnesota corporation (the “Corporation”), and Thomas J. de Petra (“Employee”).

NONQUALIFIED STOCK OPTION AGREEMENT WINLAND ELECTRONICS, INC.
Nonqualified Stock Option Agreement • May 12th, 2008 • Winland Electronics Inc • Industrial instruments for measurement, display, and control

THIS AGREEMENT, made effective as of this ______ day of ___________, 20__, by and between Winland Electronics, Inc., a Minnesota corporation (the “Company”), and _________________ (“Participant”).

NONQUALIFIED STOCK OPTION AGREEMENT WINLAND ELECTRONICS, INC. 2005 EQUITY INCENTIVE PLAN
Nonqualified Stock Option Agreement • May 13th, 2005 • Winland Electronics Inc • Industrial instruments for measurement, display, and control

THIS AGREEMENT, made effective as of this day of , 20 , by and between Winland Electronics, Inc., a Minnesota corporation (the “Company”), and (“Participant”).

INCENTIVE STOCK OPTION AGREEMENT WINLAND ELECTRONICS, INC. 2005 EQUITY INCENTIVE PLAN
Incentive Stock Option Agreement • May 13th, 2005 • Winland Electronics Inc • Industrial instruments for measurement, display, and control

THIS AGREEMENT, made effective as of this day of , 20 , by and between Winland Electronics, Inc., a Minnesota corporation (the “Company”), and (“Participant”).

Contract
Separation Agreement • March 31st, 2011 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota
RESTRICTED STOCK AGREEMENT WINLAND ELECTRONICS, INC. 2005 EQUITY INCENTIVE PLAN
Restricted Stock Agreement • May 13th, 2005 • Winland Electronics Inc • Industrial instruments for measurement, display, and control

THIS AGREEMENT is made effective as of this day of , 20 , by and between Winland Electronics, Inc., a Minnesota corporation (the “Company”), and (the “Participant”).

COMMERCIAL BUILDING LEASE
Commercial Building Lease • March 22nd, 2013 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota

THIS COMMERCIAL BUILDING LEASE (the “Lease”) is effective as of the 31st day of December, 2012 (the “Effective Date”), by and between NORTECH SYSTEMS INCORPORATED, a Minnesota corporation (hereinafter referred to as “Landlord”), and WINLAND ELECTRONICS, INC., a Minnesota corporation (hereinafter referred to as “Tenant”).

EMPLOYMENT AGREEMENT
Employment Agreement • February 1st, 2013 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota

THIS AGREEMENT is by and between Winland Electronics, Inc., a Minnesota corporation (hereinafter called “Winland”), and Brian Lawrence (hereinafter called “Executive”):

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AMENDMENT NO. 5 TO CREDIT AGREEMENT
Credit Agreement • August 15th, 2005 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Wisconsin

THIS AMENDMENT is entered into effective as of the 4th day of April, 2005, by and between WINLAND ELECTRONICS, INC., a Minnesota corporation (the “Borrower”) and M&I MARSHALL & ILSLEY BANK, a banking corporation organized and existing under the laws of Wisconsin (“Bank”).

Chief Executive Officer and Senior Vice President Winland Electronics, Inc. Re: Retention Letter Agreement Dear Mr. Lawrence:
Retention Letter Agreement • August 5th, 2011 • Winland Electronics Inc • Industrial instruments for measurement, display, and control

As we have discussed, you signed a Stay Bonus Letter Agreement previously with Winland Electronics, Inc. (the “Company”) whereby your compensation was set until June 30, 2011.

August 3, 2011
Loan Agreement • September 9th, 2011 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota
INCENTIVE STOCK OPTION AGREEMENT WINLAND ELECTRONICS, INC.
Incentive Stock Option Agreement • May 9th, 2008 • Winland Electronics Inc • Industrial instruments for measurement, display, and control

THIS AGREEMENT, made effective as of this 6th day of May, 2008, by and between Winland Electronics, Inc., a Minnesota corporation (the “Company”), and Thomas J. de Petra (“Participant”).

EMPLOYMENT AGREEMENT
Employment Agreement • March 18th, 2004 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota

This Agreement is made effective as of this 24th day of October, 2003 between Winland Electronics, Inc., a Minnesota corporation (the “Corporation”), and Jennifer A. Thompson (“Employee”).

MORTGAGE, SECURITY AGREEMENT AND ASSIGNMENT OF RENTS (INCLUDING FIXTURE FILING UNDER UNIFORM COMMERCIAL CODE) MINNESOTA REAL ESTATE
Mortgage, Security Agreement and Assignment of Rents • October 6th, 2004 • Winland Electronics Inc • Industrial instruments for measurement, display, and control

This Mortgage, Security Agreement and Assignment of Rents (“Mortgage”) is made and entered into by the undersigned borrower(s), guarantor(s) and/or other obligor(s) (collectively the “Mortgagor”) in favor of U.S. Bank N.A. (the “Bank”) as of the date set forth below.

AMENDMENT NO. 3 TO CREDIT AGREEMENT
Credit Agreement • August 15th, 2005 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Wisconsin

THIS AMENDMENT is entered into effective as of the 3rd day of August, 2004, by and between WINLAND ELECTRONICS, INC., a Minnesota corporation (the “Borrower”) and M&I MARSHALL & ILSLEY BANK, a banking corporation organized and existing under the laws of Wisconsin (“Bank”).

SUBLEASE AGREEMENT
Sublease Agreement • March 31st, 2011 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota

THIS SUBLEASE AGREEMENT is entered into effective as of January 1, 2011 (the “Effective Date”), by and between NORTECH SYSTEMS INCORPORATED, a Minnesota professional corporation (“Sublessor”) and WINLAND ELECTRONICS, INC., a Minnesota corporation (“Sublessee”).

AMENDMENT NO. 6 TO CREDIT AGREEMENT
Credit Agreement • August 15th, 2005 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Wisconsin

THIS AMENDMENT is entered into effective as of the 23rd day of June, 2005, by and between WINLAND ELECTRONICS, INC., a Minnesota corporation (the “Borrower”) and M&I MARSHALL & ILSLEY BANK, a banking corporation organized and existing under the laws of Wisconsin (“Bank”).

Wells Fargo Bank Minnesota, National Association Sixth Amendment
Term Loan and Credit Agreement • March 29th, 2002 • Winland Electronics Inc • Industrial instruments for measurement, display, and control

THIS SIXTH AMENDMENT (the “Sixth Amendment”) dated to be effective as of March 19, 2002 is between WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION (the “Bank”) successor by consolidation to Norwest Bank Minnesota South, National Association and WINLAND ELECTRONICS, INCORPORATED (the “Borrower”).

TERM LOAN AGREEMENT
Term Loan Agreement • October 6th, 2004 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota

This Term Loan Agreement (the “Agreement”) is made and entered into by and between the undersigned borrower (the “Borrower”) and the undersigned bank (the “Bank”) as of the date set forth on the last page of this Agreement.

CREDIT AND SECURITY AGREEMENT BY AND BETWEEN WINLAND ELECTRONICS, INC. AND M&I MARSHALL & ILSLEY BANK Dated as of: June 30, 2003
Credit and Security Agreement • August 8th, 2003 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota
FACTORING, SECURITY AND SERVICE AGREEMENT
Factoring Agreement • January 10th, 2011 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota

THIS FACTORING, SECURITY AND SERVICE AGREEMENT (“Agreement”) is made on December 21, 2010, by and between TCI Business Capital, Inc., a Minnesota corporation, with a principal place of business at 12270 Nicollet Avenue South, Burnsville, MN 55337 ("TCI") and WINLAND ELECTRONICS, INC. , a Minnesota Corporation, with a principal place of business at 1950 Excel Drive, Mankato, MN 56001 ("Client"). TCI and Client are collectively referred to herein as “Parties”, in plural usage, or “Party”, in singular usage, as required by context.

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