Rubber Research Elastomerics Inc Sample Contracts

SECURITY AGREEMENT (Grantor)
Security Agreement • December 5th, 2008 • Rubber Research Elastomerics Inc • Fabricated rubber products, nec • Minnesota

This SECURITY AGREEMENT is made as of December 1, 2008 (the “Agreement”), by RUBBER RESEARCH ELASTOMERICS, INC., a Minnesota corporation, with its chief executive office at 4500 Main Street NE, Fridley, MN 55421 (“Grantor”), in favor of RIVIERA INVESTMENTS, INC., with an office at 1138 Hartzell Street, Pacific Palisades, CA 90272 (“Lender”).

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RIVIERA INVESTMENTS, INC.
Security Agreement • December 31st, 2008 • Rubber Research Elastomerics Inc • Fabricated rubber products, nec

that certain letter loan agreement dated as of November 13, 2008 (the “Loan Agreement”; capitalized terms not defined herein being used herein as therein defined), between RUBBER RESEARCH ELASTOMERICS, INC., a Minnesota corporation (the “Borrower”) and RIVIERA INVESTMENTS, INC., a California corporation (the “Lender”); and

CONVERSION AGREEMENT
Conversion Agreement • September 13th, 2007 • Rubber Research Elastomerics Inc • Fabricated rubber products, nec

This Conversion Agreement (“Agreement”) is entered into as of the ____day of September, 2007, by and between Rubber Research Elastomerics, Inc., a Minnesota corporation (the “Company”), and _____________________________________ (the “Note Holder”).

AMENDED AND RESTATED CEO-CONSULTANT AGREEMENT Dated: November 30, 2008
Ceo-Consultant Agreement • December 4th, 2008 • Rubber Research Elastomerics Inc • Fabricated rubber products, nec • Minnesota

This Employment/Consultant Agreement (“AGREEMENT”) is entered into by and between Rubber Research Elastomerics, Inc. a Minnesota corporation, ( “COMPANY”), and Winston Salser, Ph. D., a resident of Pacific Palisades, California (“EXECUTIVE”), (collectively referred to herein as "PARTIES") and is effective as of the date first written above (the “Effective Date”).

AMENDED AND RESTATED DEMAND NOTE
Rubber Research Elastomerics Inc • December 31st, 2008 • Fabricated rubber products, nec

FOR VALUE RECEIVED, the undersigned, RUBBER RESEARCH ELASTOMERICS, INC., a Minnesota corporation, (the “Borrower”) promises to pay to the order of RIVIERA INVESTMENTS, INC., a California corporation (the “Lender”), the principal sum of FOUR HUNDRED THOUSAND AND NO/100THS DOLLARS ($400,000.00) ON DEMAND, or if no earlier demand has been made, on October 15, 2009 (the earlier of such dates being the “Termination Date”).

DEMAND NOTE
Rubber Research Elastomerics Inc • December 5th, 2008 • Fabricated rubber products, nec

FOR VALUE RECEIVED, the undersigned, RUBBER RESEARCH ELASTOMERICS, INC., a Minnesota corporation, (the “Borrower”) promises to pay to the order of RIVIERA INVESTMENTS, INC., a California corporation (the “Lender”), the principal sum of THREE HUNDRED THOUSAND AND NO/100THS DOLLARS ($300,000.00) ON DEMAND, or if no earlier demand has been made, on November 15, 2009 (the earlier of such dates being the “Termination Date”).

AGREEMENT
Agreement • September 19th, 2007 • Rubber Research Elastomerics Inc • Fabricated rubber products, nec

THIS AGREEMENT is made as of the 14th day of September, among Rubber Research Elastomerics, Inc. (“RRE”), Winston Salser (“Salser”) and Riviera Investments, Inc., a corporation controlled by Salser (“Riviera”).

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