Solitron Devices Inc Sample Contracts

ARTICLE I
Employment Agreement • June 13th, 2001 • Solitron Devices Inc • Semiconductors & related devices • Florida
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SOLITRON DEVICES, INC. AND CONTINENTAL STOCK TRANSFER & TRUST COMPANY Rights Agreement Dated as of May 29, 2012
Rights Agreement • May 29th, 2012 • Solitron Devices Inc • Semiconductors & related devices • Delaware

RIGHTS AGREEMENT, dated as of May 29, 2012 (the "Agreement"), between Solitron Devices, Inc., a Delaware corporation (the "Company"), and Continental Stock Transfer & Trust Company, a New York corporation (the "Rights Agent").

AND
Rights Agreement • June 20th, 2001 • Solitron Devices Inc • Semiconductors & related devices • Delaware
Solitron Devices, Inc. and Continental Stock Transfer & Trust Company as Rights Agent Rights Agreement Dated as of May 12, 2017
Rights Agreement • May 18th, 2017 • Solitron Devices Inc • Semiconductors & related devices • Delaware
SOLITRON DEVICES, INC. STAND-ALONE OPTION GRANT AGREEMENT
Stand-Alone Option Grant Agreement • April 9th, 2015 • Solitron Devices Inc • Semiconductors & related devices • Florida

THIS STAND-ALONE OPTION GRANT AGREEMENT (this “Agreement”) is effective as of the 1st day of December, 2000 (the “Grant Date”) by and between Solitron Devices, Inc., a Delaware corporation (the “Company”), and Shevach Saraf (the “Optionee”).

SEPARATION AND GENERAL RELEASE AGREEMENT**
Separation and General Release Agreement • July 27th, 2016 • Solitron Devices Inc • Semiconductors & related devices • Florida

THIS SEPARATION AND GENERAL RELEASE AGREEMENT (this “Separation Agreement”) is entered into between Shevach Saraf (the “Employee”) and Solitron Devices, Inc., a Delaware company (the “Employer”), (collectively, the “Parties”).

Contract
Security Agreement and Fixture Filing • May 24th, 2024 • Solitron Devices Inc • Semiconductors & related devices • Florida

Prepared by and after recording return to: James L. Purcell, Jr. Stoneburner Berry Purcell & Campbell, P.A. 1031 LaSalle Street Jacksonville, Florida 32207

REINSTATEMENT AND AMENDMENT TO LEASE AGREEMENT
Lease Agreement • October 8th, 2014 • Solitron Devices Inc • Semiconductors & related devices

THIS REINSTATEMENT AND AMENDMENT TO LEASE AGREEMENT (this “Amendment”) is made and entered into as of October 1, 2014 by and between CF EB REO II LLC, a Delaware limited liability company (the “Landlord”); and Solitron Devices, Inc., a Delaware corporation (the “Tenant”).

OPTION cancellation AGREEMENT
Option Cancellation Agreement • July 27th, 2016 • Solitron Devices Inc • Semiconductors & related devices • Florida

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is made as of July 22, 2016, by and between Shevach Saraf (the “Option Holder”) and Solitron Devices, Inc. (the “Company”).

IRREVOCABLE PROXY
Solitron Devices Inc • October 15th, 2018 • Semiconductors & related devices

FOR AND IN CONSIDERATION OF being deemed an "Exempt Person" in accordance with the process set forth in Section 28 and the definition of "Exempt Person" set forth in Section 1.7 of the Rights Agreement, dated as of May 12, 2017, entered into between Solitron Devices, Inc. (the "Company") and Continental Stock Transfer & Trust Company, the undersigned hereby agrees as follows:

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • March 5th, 2018 • Solitron Devices Inc • Semiconductors & related devices • Florida

This EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of February 27, 2018 (the “Effective Date”), by and between SOLITRON DEVICES, INC., a Delaware corporation (the “Company”), and MARK MATSON (the “Executive”). Company and Executive are sometimes individually referred to herein as a “Party” and collectively as the “Parties.”

LOAN AGREEMENT
Loan Agreement • May 24th, 2024 • Solitron Devices Inc • Semiconductors & related devices • Florida

This Loan Agreement, dated as of May 21, 2024, is entered into between BANK OF AMERICA, N.A. (the "Bank") and SOLITRON DEVICES, INC., a Delaware corporation (the "Borrower").

LEASE
Lease • May 29th, 2012 • Solitron Devices Inc • Semiconductors & related devices • Florida

This Lease (the "Lease") is entered into as of the 30th day of April, 2012 (the "Execution Date"), but is effective as of the 1st day of February, 2012 (the “Effective Date”), between EuroBank (the "Landlord"), and Solitron Devices, Inc. (the "Tenant").

EMPLOYMENT AGREEMENT AMENDMENT
Employment Agreement • January 14th, 2013 • Solitron Devices Inc • Semiconductors & related devices

EMPLOYMENT AGREEMENT AMENDMENT (this "Amendment"), effective as of January 14, 2013 (the "Effective Date"), by and between Solitron Devices, Inc., a Delaware corporation (the “Company”), and Shevach Saraf (“Employee”) (hereinafter “the Parties”).

Contract
Solitron Devices Inc • April 2nd, 2013 • Semiconductors & related devices
STOCK PURCHASE AGREEMENT BY AND AMONG SOLITRON DEVICES, INC.,
Stock Purchase Agreement • September 5th, 2023 • Solitron Devices Inc • Semiconductors & related devices • Florida

This Stock Purchase Agreement (this “Agreement”), is made and entered into effective as of August 31, 2023 (the “Effective Date”), by and among Solitron Devices, Inc., a Delaware corporation (the “Buyer”), Micro Engineering, Inc., a Florida corporation (the “Company”), each shareholder of the Company (each, a “Seller” and collectively, the “Sellers”) and, solely in his capacity as Seller Representative, Larry A. LaForest (the “Seller Representative”). Buyer, the Company, the Sellers and the Seller Representative are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.

SETTLEMENT AGREEMENT
Settlement Agreement • April 9th, 2013 • Solitron Devices Inc • Semiconductors & related devices • Florida

This Settlement Agreement ("Agreement") is entered into as of the 3rd day of April, 2013, by and between the CITY OF RIVIERA BEACH, a municipality in Palm Beach County, Florida (the "City") and SOLITRON DEVICES, INC., a Florida corporation ("Solitron").

SETTLEMENT AGREEMENT AND RELEASE
Settlement Agreement and Release • October 31st, 2012 • Solitron Devices Inc • Semiconductors & related devices • Florida

This Settlement Agreement and Release (hereinafter the “Agreement”) is made this 29th day of October, 2012, and is entered into by and between: (i) Solitron Devices, Inc., its affiliates, agents, and representatives (collectively, “Solitron”), and (ii) Police and Fire Retirement System of City of Detroit, its affiliates, agents and representatives (collectively, the "PFRS") (Solitron and PFRS shall sometimes collectively be referred to herein as the “Parties” or separately as a “Party”).

LEASE AGREEMENT AND OPTION TO PURCHASE
Lease Agreement and Option to Purchase • September 5th, 2023 • Solitron Devices Inc • Semiconductors & related devices

THIS LEASE AGREEMENT AND PURCHASE OPTION (this “Lease”), is made and entered into effective as of the 1st day of September, 2023 (the “Effective Date”), by and between THE LARRY A. LAFOREST REVOCABLE TRUST OF 1997, whose address is 607 Red Fox Farm Rd., Young Harris, GA 30582 (“Landlord”), and MICRO ENGINEERING, INC., a Florida corporation, whose address is 401 Roger Williams Rd., Apopka, FL 32703 (“Tenant”).

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AMENDMENT NO. 1 TO RIGHTS AGREEMENT
Rights Agreement • May 18th, 2017 • Solitron Devices Inc • Semiconductors & related devices • Delaware

This Amendment No. 1 to Rights Agreement (this “Amendment”), dated as of May 12, 2017, between Solitron Devices, Inc., a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation, as Rights Agent (the “Rights Agent”), amends the Rights Agreement, dated as of May 29, 2012, between the Company and the Rights Agent (the “Rights Agreement”); all capitalized terms not defined herein shall have the meanings ascribed to such terms in the Rights Agreement.

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