RECITALS:Loan and Security Agreement • August 11th, 2000 • Shopsmith Inc • Special industry machinery (no metalworking machinery) • Ohio
WITNESSETH:Promissory Note • August 13th, 2002 • Shopsmith Inc • Special industry machinery (no metalworking machinery)
1 EXHIBIT 10.14 CITIFINANCIAL RETAIL SERVICES DEALER AGREEMENT The undersigned, Shopsmith, Inc. and Shopsmith Woodworking Promotions (each referred to herein as "Dealer"), each hereby agrees to honor credit cards ("Cards") issued by CitiFinancial...Dealer Agreement • February 7th, 2001 • Shopsmith Inc • Special industry machinery (no metalworking machinery)
WITNESSETH:Promissory Note Amendment • June 25th, 2003 • Shopsmith Inc • Special industry machinery (no metalworking machinery)
AGREEMENTPurchase Agreement • July 1st, 2005 • Shopsmith Inc • Special industry machinery (no metalworking machinery)
This Agreement (“Agreement”) is entered into by and between Citizens Finance Company, an Illinois corporation (“CFC”) with its principle place of business in Elmhurst, Illinois, and Shopsmith, Inc., an Ohio corporation (“SSI”) with its principle place of business in Dayton, Ohio.
SECOND AMENDMENT TO LOAN AGREEMENTLoan Agreement • November 16th, 2004 • Shopsmith Inc • Special industry machinery (no metalworking machinery) • Ohio
AMENDMENT TO BUSINESS LOAN AGREEMENT made this 24th day of September 2004, by and between The Provident Bank, an Ohio banking corporation (herein termed “Bank”), and Shopsmith, Inc. (herein termed “Borrower”).
ENVIRONMENTAL INDEMNITY AGREEMENTEnvironmental Indemnity Agreement • August 17th, 2004 • Shopsmith Inc • Special industry machinery (no metalworking machinery)
THIS ENVIRONMENTAL INDEMNITY AGREEMENT (this “Agreement”) is made as this 29th day of June 2004 by SHOPSMITH, INC., an Ohio corporation ( Borrower ). whose address is 6530 Poe Avenue, Dayton, Ohio 45414 (Borrower sometimes hereinafter being referred to as “Indemnitor”), in favor of THE PROVIDENT BANK, an Ohio banking corporation (“Lender”), whose address is 10 West Second Street, 231S, Dayton, Ohio 45402.
AMENDMENT TO PROMISSORY NOTEPromissory Note • August 17th, 2004 • Shopsmith Inc • Special industry machinery (no metalworking machinery)
THIS AMENDMENT TO PROMISSORY NOTE (this “Amendment”) is made as of this 29th day of June 2004 between THE PROVIDENT BANK (“Lender”) and SHOPSMITH, INC., an Ohio corporation (“Borrower”), under the following circumstances:
Exhibit 10.15 This Agreement is made as of the last date signed below between CLIENT identified on the last page of this Agreement (herein called CLIENT) and METRO FACTORS, INC. a Texas corporation with its principal place of business located in...Accounts Receivable Purchase Agreement • February 15th, 2002 • Shopsmith Inc • Special industry machinery (no metalworking machinery)
OPEN END MORTGAGE AND SECURITY AGREEMENTOpen End Mortgage and Security Agreement • July 1st, 2005 • Shopsmith Inc • Special industry machinery (no metalworking machinery)
KNOW ALL MEN BY THESE PRESENTS THAT SHOPSMITH, INC. (collectively the “Mortgagor”), an Ohio corporation, whose address is 6530 Poe Avenue, Dayton, OH 45414, for the consideration of Seven Hundred Eighteen Thousand and 00/100 Dollars ($718,000.00) received or to be received to Mortgagor’s full satisfaction and to Mortgagor or on Mortgagor’s behalf paid or to be paid by NATIONAL CITY BANK, a national banking association, successor by merger to the Provident Bank, having its principal place of business located at 6 North Main Street, Dayton, OH 45412, Attention: Commercial Loan Division, Locator 21-2215, (the “Bank:), gives, grants, bargains, sells, assigns and conveys unto Bank, its successors and assigns, the following described real property, appurtenances and rights:
FIRST AMENDMENT TO LOAN AGREEMENTLoan Agreement • August 18th, 2003 • Shopsmith Inc • Special industry machinery (no metalworking machinery) • Ohio
THIS FIRST AMENDMENT TO LOAN AGREEMENT (the “Amendment”) is entered into as of the 17th day of July, 2003 by and between THE PROVIDENT BANK, an Ohio banking corporation, One East Fourth Street, Cincinnati, Ohio 45202 (the “Lender”), and Shopsmith, Inc., an Ohio corporation, 6530 Poe Avenue, Dayton, Ohio 45414 (the “Borrower”).
ON-GOING PURCHASE AGREEMENTOngoing Purchase Agreement • July 1st, 2005 • Shopsmith Inc • Special industry machinery (no metalworking machinery)
This agreement, made the 26th day of April 2005, by and between Shopsmith Inc. (hereinafter called the Seller), and Great Lakes Financial, LLC (hereinafter called the Buyer).
ASSIGNMENT OF RENTS AND LEASESAssignment of Rents and Leases • August 17th, 2004 • Shopsmith Inc • Special industry machinery (no metalworking machinery)
THIS ASSIGNMENT OF RENTS AND LEASES (this “Assignment”) is made this 29th day of June 2004 between SHOPSMITH, INC., an Ohio corporation (“Assignor”), and THE PROVIDENT BANK (“Assignee”).
TENTH AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • August 10th, 2001 • Shopsmith Inc • Special industry machinery (no metalworking machinery) • Ohio
THIS TENTH AMENDMENT (this “Amendment”) to the Loan and Security Agreement is entered into as of the 31st day of July, 2001, by, between and among Shopsmith, Inc., Shopsmith Woodworking Promotions, Inc., and Shopsmith Woodworking Centers Ltd. Co. (hereinafter collectively the “Companies” and separately a “Company”) and The Huntington National Bank (hereinafter the “Bank”).
