Exhibit 10 PURCHASE AND SALE AGREEMENT This Agreement made and entered into this 26th day of December, 2000, by and between Eagle Transport, Inc., and Eagle Transportation Services, Inc., Ohio corporations, collectively hereinafter referred to as...Purchase and Sale Agreement • May 9th, 2001 • Gasel Transportation Lines Inc • Trucking (no local) • Ohio
ALLAN M. BLUE LETTERHEAD] October 17, 2000 Harry Gurwitch, Managing Director Strategica Services Corporation 701 Brickell Avenue Suite 2500 Miami, Florida 33131 RE: GASEL TRANSPORTATION LINES, INC. Dear Harry: As per our conversation today, the...Engagement Letter • November 14th, 2000 • Gasel Transportation Lines Inc • Trucking (no local)
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • July 27th, 2006 • Jordan 1 Holdings Co • Trucking (no local) • New York
THIS REGISTRATION RIGHTS AGREEMENT (the “Agreement”) is made and entered into as of 20th day of July, 2006, by and among Jordan 1 Holdings Company, a Delaware corporation (the “Company”), and Barron Partners L.P., a Delaware limited partnership (“Barron”), and Richard Henri Kreger (collectively, with Barron, the “Investors” and each, individually, an “Investor”). Unless defined otherwise, capitalized terms herein shall have the identical meaning as in the Preferred Stock Purchase Agreement, of even date herewith (the “Purchase Agreement”), by and among the Company and the Investors.
Employment AgreementEmployment Agreement • November 15th, 2017 • Amerinac Holding Corp. • Wholesale-hardware • New Jersey
This Employment Agreement (the "Agreement") is made and entered into as of November 10, 2017, by and between John Wachter (the "Executive") and Amerinac Holding Corp., a Delaware corporation (the "Company").
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • July 27th, 2006 • Jordan 1 Holdings Co • Trucking (no local) • New York
This Asset Purchase Agreement (“Agreement”) is dated May 24, 2006, by and among Freundlich Supply Company, Inc., a New York corporation (“Seller” or the “Company”); and Michael Freundlich, a resident of New York (“Freundlich” or the “Shareholder”); and Delaware Fastener Acquisition Corporation, a Delaware corporation (“Buyer”).
OPTION FOR THE PURCHASE OF SHARES OF COMMON STOCK OF PRECISION AEROSPACE COMPONENTS, INC.Option Agreement • March 3rd, 2008 • Precision Aerospace Components, Inc. • Trucking (no local)
THIS OPTION CERTIFIES THAT, FOR VALUE RECEIVED, Andrew S. Prince (the “Holder”), is entitled to subscribe for and purchase from Precision Aerospace Components, Inc., a Delaware corporation (the “Company”), _________________________________________shares of Common Stock, $0.001 par value per share, of the Company at the purchase price of $.01 per share (the “Exercise Price”) subject to adjustment as provided herein.
SERVICE AGREEMENTService Agreement • May 27th, 2003 • Gasel Transportation Lines Inc • Trucking (no local) • Indiana
This Service Agreement is made as of the 1st day of March 2003, by and between Innovative Personnel Solutions, Inc., an Indiana corporation qualified and licensed to do business in Indiana (hereinafter referred to as “IPS”) and Gasel Transportation, Inc. hereinafter referred to as “Customer”) and whose Federal Tax Identification No. is:
ContractSecured Note • August 18th, 2015 • Precision Aerospace Components, Inc. • Wholesale-hardware • Missouri
THIS 14% SECURED NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE MADE SUBJECT TO A SECURITY INTEREST, PLEDGED, HYPOTHECATED, SOLD, ASSIGNED, OR OTHERWISE TRANSFERRED WITHOUT COMPLIANCE WITH THE REGISTRATION OR QUALIFICATION PROVISIONS OF APPLICABLE FEDERAL AND STATE SECURITIES LAWS. TRANSFER OF THIS 14% SECURED NOTE ALSO IS RESTRICTED BY THE SECURITIES PURCHASE AGREEMENT REFERRED TO HEREIN.
GASEL TRANSPORTATION LINES, INC. A. A STOCK OPTION for a total of _____ common shares, no par value, of Gasel Transportation Lines, Inc., an Ohio corporation (herein the "Company") is hereby granted to _________________________ (herein the...Stock Option Agreement • March 31st, 2000 • Gasel Transportation Lines Inc
EMPLOYMENT AGREEMENTEmployment Agreement • April 13th, 2010 • Precision Aerospace Components, Inc. • Wholesale-hardware • New York
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of September 30, 2009 (the “Effective Date”) by and between Precision Aerospace Components, Inc., a Delaware corporation (the “the Company”), and Andrew S. Prince (the “Executive”).
LOAN AND SECURITY AGREEMENT BETWEEN ISRAEL DISCOUNT BANK OF NEW YORK AND FREUNDLICH SUPPLY COMPANY, INC.Loan and Security Agreement • March 31st, 2009 • Precision Aerospace Components, Inc. • Trucking (no local) • New York
This LOAN AND SECURITY AGREEMENT (“Agreement”) is entered into as of March __, 2008, and is by and among FREUNDLICH SUPPLY COMPANY, INC., as borrower, PRECISION AEROSPACE COMPONENTS, INC., as guarantor, and ISRAEL DISCOUNT BANK OF NEW YORK, as lender.
SYSTRAN FINANCIAL SERVICES CORPORATION POST-PETITION FACTORING AGREEMENTPost-Petition Factoring Agreement • August 21st, 2003 • Gasel Transportation Lines Inc • Trucking (no local) • Oregon
This Post-Petition Factoring Agreement dated May 20, 2003 (the “Agreement”), is between SYSTRAN Financial Services Corporation, a subsidiary of Textron Financial Corporation (“SYSTRAN”) and its successor or assigns and Gasel Transportation Lines, Inc. and GTL Logistics, Inc. (jointly and severally the “Customer”), whose address is set forth on the last page hereof.
LOAN AND SECURITY AGREEMENT Creative Assembly Systems, Inc. and Berkshire Bank Dated as of July 15, 2019Loan and Security Agreement • July 22nd, 2019 • Amerinac Holding Corp. • Wholesale-hardware • Pennsylvania
This Loan and Security Agreement (“Agreement”) is dated this 15th day of July, 2019, by and betweenCreative Assembly Systems, Inc., a Delaware corporation (“Creative Assembly Systems”, together with each other Person joined hereto as a borrower from time to time, each a “Borrower” and collectively, “Borrowers”), and Berkshire Bank, a Massachusetts banking corporation (“Lender”).
STOCK PURCHASE AGREEMENTStock Purchase Agreement • January 9th, 2006 • Gasel Transportation Lines Inc • Trucking (no local) • Delaware
WHEREAS, Seller is authorized to issue 100,000,000 shares of common stock (the "Gasel Common Stock"), of which 10,677,966 is presently issued and outstanding; and
CREDIT AGREEMENT between PRECISION AEROSPACE COMPONENTS, INC. as Borrower and WEBSTER BUSINESS CREDIT CORPORATION, as Lender Effective Date: August 25, 2015Credit Agreement • September 1st, 2015 • Precision Aerospace Components, Inc. • Wholesale-hardware • New York
PURCHASE AND SALE AGREEMENT BETWEEN SUMMITBRIDGE NATIONAL INVESTMENTS VI LLC (“SUMMITBRIDGE”) ABTV, IN ITS CAPACITY AS COURT-APPOINTED RECEIVER ORDERED BY THE COURT OF COMMON PLEAS OF CHESTER COUNTY, PENNSYLVANIA ON MARCH 6, 2020 IN THE MATTER OF...Purchase and Sale Agreement • March 26th, 2020 • Amerinac Holding Corp. • Wholesale-hardware • New York
THIS PURCHASE AND SALE AGREEMENT (“Agreement”), made as of the 20th day of March, 2020 (the “Effective Date”), between SUMMITBRIDGE NATIONAL INVESTMENTS VI LLC, a Delaware limited liability company (“SummitBridge”), having an office at 1700 Lincoln Street, Suite 2150, Denver, Colorado 80203, ABTV IN ITS CAPACITY AS COURT-APPOINTED RECEIVER (“Receiver”) ORDERED BY THE COURT OF COMMON PLEAS OF CHESTER COUNTY, PENNSYLVANIA ON MARCH 6, 2020 (the “Receiver Order”) IN THE MATTER OF SUMMITBRIDGE NATIONAL INVESTMENTS VI LLC V. ADVANCED METALS GROUP, LLC, ET AL. (the “Action”), CASE NO. 2020-02461-MJ having an office at 6100 Fairview Road, Suite 565, Charlotte, North Carolina 28210, USAC ROSS LLC (“USAC Ross”) and USAC WA LLC (“USAC WA” and, collectively with USAC Ross, the “Purchaser”), each a Delaware limited liability company having an office at: c/o Amerinac Holding Corp., 5936 State Route 159, Chillicothe, Ohio 45601.
STOCK EXCHANGE AGREEMENTStock Exchange Agreement • July 27th, 2006 • Jordan 1 Holdings Co • Trucking (no local) • New York
This Agreement dated as of the 19th day of July, 2006, by and among Jordan 1 Holdings Co., a Delaware corporation having its offices at 501 Johnstone Avenue, Suite 501, Bartlesville, OK, 74003 (the “Issuer”), and the individuals named on Schedule I to this Agreement (collectively, the “Stockholders” and each, individually, a “Stockholder”).
CREDIT AGREEMENT Dated as of August 17, 2017 by and between Prime Metals Acquisition LLC, as the Borrower and SummitBridge National Investments V LLC, as the Lender CREDIT AGREEMENTCredit Agreement • August 23rd, 2017 • Amerinac Holding Corp. • Wholesale-hardware • Pennsylvania
THIS CREDIT AGREEMENT, dated as of August 17, 2017, is entered into by and between Prime Metals Acquisition LLC, a Delaware limited liability company (the “Borrower”), and SummitBridge National Investments V LLC, a Delaware limited liability company (the “Lender”).
AGREEMENTMarketing Agreement • March 31st, 2000 • Gasel Transportation Lines Inc
SHAREHOLDER AGREEMENTShareholder Agreement • August 18th, 2015 • Precision Aerospace Components, Inc. • Wholesale-hardware • Missouri
THIS SHAREHOLDER AGREEMENT (this “Agreement”) is made and entered into as of January 16, 2015 (the “Effective Date”), by and among (a) PRECISION AEROSPACE COMPONENTS, INC., a Delaware corporation (the “Company”), (b) C3 CAPITAL PARTNERS III, L.P., a Delaware limited partnership (together with its successors and assigns, “C3”), and (c) PRECISION GROUP HOLDINGS LLC, a New Jersey limited liability company (together with its successors and assigns, “Holdings”). C3 and Holdings, and such other Persons who become shareholders of the Company in the future and bound by the terms of this Agreement, are collectively referred to in this Agreement as “Shareholders.”
AGREEMENT AND PLAN OF MERGERMerger Agreement • January 9th, 2006 • Gasel Transportation Lines Inc • Trucking (no local) • Delaware
This AGREEMENT AND PLAN OF MERGER (the "Merger Agreement"), is entered into as of December 30, 2005 by, between and among Gasel Transportation Lines, Inc., a Delaware corporation ("Gasel"), Jordan 1 Holdings Company, a Delaware corporation ("Jordan"), and Gasel International Transportation Lines, Inc., a Delaware corporation (“Gasel International").
SEVENTH AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • March 26th, 2014 • Precision Aerospace Components, Inc. • Wholesale-hardware
THIS SEVENTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (“Amendment”), effective as of March 18, 2014 (the “Amendment Date”), is by and among precision aerospace components, inc., a Delaware corporation (“Parent”), and Freundlich supply company, inc., a Delaware corporation, tiger-tight corp., a Delaware corporation, AERO-MISSILE COMPONENTS, INC. (formerly Apace Acquisition I, Inc.), a Delaware corporation and CREATIVE ASSEMBLY SYSTEMS, INC., (formerly Apace Acquisition II, Inc.), a Delaware corporation (each a “Borrower” and together with Parent, each an “Obligor” and collectively “Obligors”), the lenders from time to time party to this Agreement (together with their respective successors and permitted assigns, each individually a “Lender” and collectively the “Lenders”) and NEWSTAR BUSINESS CREDIT, LLC, a Delaware limited liability company, as administrative agent (in such capacity, the “Administrative Agent”), as follows:
FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • August 14th, 2013 • Precision Aerospace Components, Inc. • Wholesale-hardware
THIS FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (this “Amendment”), effective as of April 26, 2013 (the “Amendment Date”), is by and among precision aerospace components, inc., a Delaware corporation (“Parent”), and Freundlich supply company, inc., a Delaware corporation, tiger-tight corp., a Delaware corporation, AERO-MISSILE COMPONENTS, INC. (formerly Apace Acquisition I, Inc.), a Delaware corporation and CREATIVE ASSEMBLY SYSTEMS, INC., (formerly Apace Acquisition II, Inc.), a Delaware corporation (each a “Borrower” and together with Parent, each an “Obligor” and collectively “Obligors”), the lenders from time to time party to this Agreement (together with their respective successors and permitted assigns, each individually a “Lender” and collectively the “Lenders”) and NEWSTAR BUSINESS CREDIT, LLC, a Delaware limited liability company, as administrative agent (in such capacity, the “Administrative Agent”), as follows:
CONTRACT OF SALE SECURITY AGREEMENTContract of Sale and Security Agreement • March 19th, 2007 • Precision Aerospace Components, Inc. • Trucking (no local) • Washington
This Contract of Sale and Security Agreement dated for purposes of reference March 13, 2007; is between the undersigned, Freundlich Supply Company, Inc., hereinafter called "CLIENT", and Greater Bay Business Funding, a division of Greater Bay Bank, NA hereinafter called "GBBF ", agree as follows:
SECURITIES PURCHASE AGREEMENT BETWEEN JORDAN 1 HOLDINGS COMPANY AND BARRON PARTNERS LP and the Equity Investors Named Herein DATED July 20, 2006Securities Purchase Agreement • July 27th, 2006 • Jordan 1 Holdings Co • Trucking (no local) • New York
This SECURITIES PURCHASE AGREEMENT (the “Agreement”) is made and entered into as of the 20th day of July, 2006 between Jordan 1 Holdings Company, a Delaware corporation (the “Company”) and Barron Partners LP, a Delaware limited partnership (“Barron”), and the other investors named in Schedule A to this Agreement (the “Equity Investors”), Barron and the Equity Investors being collectively referred to as the “Investors” and each, individually, an “Investor.”
SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 14th, 2012 • Precision Aerospace Components, Inc. • Wholesale-hardware
THIS SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT (this “Amendment”), effective as of September 28, 2012 (the “Amendment Date”), is by and among precision aerospace components, inc., a Delaware corporation (“Parent”), Freundlich supply company, inc., a Delaware corporation, tiger-tight corp., a Delaware corporation, AERO-MISSILE COMPONENTS, INC. (formerly Apace Acquisition I, Inc.), a Delaware corporation and CREATIVE ASSEMBLY SYSTEMS, INC., (formerly Apace Acquisition II, Inc.), a Delaware corporation (each a “Borrower” and together with Parent, each an “Obligor” and collectively “Obligors”), the lenders from time to time party to this Agreement (together with their respective successors and permitted assigns, each individually a “Lender” and collectively the “Lenders”) and NEWSTAR BUSINESS CREDIT, LLC, a Delaware limited liability company, as administrative agent (in such capacity, the “Administrative Agent”), as follows:
SYSTRAN FINANCIAL SERVICES CORPORATION POST-PETITION FACTORING AGREEMENTFactoring Agreement • May 27th, 2003 • Gasel Transportation Lines Inc • Trucking (no local) • Oregon
This Factoring Agreement dated May 1, 2003 (the “Agreement”), is between SYSTRAN Financial Services Corporation, a subsidiary of Textron Financial Corporation (“SYSTRAN”) and its successor or assigns and Gasel Transportation Lines, Inc. and GTL Logistics, Inc. (jointly and severally the “Customer”), whose address is set forth on the last page hereof.
SERVICE AGREEMENTService Agreement • March 31st, 2000 • Gasel Transportation Lines Inc • South Carolina
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • June 1st, 2012 • Precision Aerospace Components, Inc. • Wholesale-hardware • Pennsylvania
This Asset Purchase Agreement (this “Agreement”), dated as of the ___ day of May, 2012, is entered into by and among FASTENER DISTRIBUTION AND MARKETING COMPANY, INC., a Delaware corporation with an address located at 351 Camer Drive Bensalem, PA 19020 (“FD&M”), AERO-MISSILE COMPONENTS, INC., a Pennsylvania corporation with an address located at 351 Camer Drive Bensalem, PA 19020 (“Aero”), CREATIVE ASSEMBLY SYSTEMS, INC., an Ohio corporation with an address located at 6002 Groveport Road, Groverport, Ohio (“CAS,” and together with FD&M and Aero, each a “Seller” and, collectively, the “Sellers”), PRECISION AEROSPACE COMPONENTS, INC., a Delaware corporation with an address located at 2200 Arthur Kill Road, Staten Island, New York 10309 (“Buyer Parent”), APACE ACQUISITION I, INC., a Delaware corporation with an address located at 2200 Arthur Kill Road, Staten Island, New York 10309 (“Sub 1”), and APACE ACQUISITION II, INC., a Delaware corporation with an address located at 2200 Arthur Kil
SECURITIES PURCHASE AGREEMENT Dated as of January 16, 2015 by and among C3 CAPITAL PARTNERS III, L.P. as Purchaser and PRECISION AEROSPACE COMPONENTS, INC. FREUNDLICH SUPPLY COMPANY, INC. TIGER-TIGHT CORP. AERO-MISSILE COMPONENTS, INC. CREATIVE...Securities Purchase Agreement • August 18th, 2015 • Precision Aerospace Components, Inc. • Wholesale-hardware • Missouri
THIS SECURITIES PURCHASE AGREEMENT (“Agreement”) is made as of January 16, 2015, among PRECISION AEROSPACE COMPONENTS, INC., a Delaware corporation (“Precision”), FREUNDLICH SUPPLY COMPANY, INC., a Delaware corporation (“FSC”), TIGER-TIGHT CORP., a Delaware corporation (“TTC”), AERO-MISSILE COMPONENTS, INC., a Delaware corporation (“AMC”), CREATIVE ASSEMBLY SYSTEMS, INC., a Delaware corporation (“CAS” and together with Precision, FSC, TTC and AMC, “Issuer Parties”), and C3 CAPITAL PARTNERS III, L.P., a Delaware limited partnership, its successors and assigns (“Purchaser”). Issuer Parties and Purchaser agree as follows:
EMPLOYMENT AGREEMENTEmployment Agreement • April 6th, 2016 • Precision Aerospace Components, Inc. • Wholesale-hardware • Pennsylvania
THIS EMPLOYMENT AGREEMENT (the "Agreement") is made and entered as of February 23, 2016 by and among Precision Aerospace Components, Inc., a Delaware corporation ("Precision" or "Parent"), Aero-Missile Components Inc., a Delaware corporation ("Aero-Missile") (collectively, the "Company") and Victor Mondo (the "Executive").
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • May 1st, 2017 • Precision Aerospace Components, Inc. • Wholesale-hardware • Ohio
THIS ASSET PURCHASE AGREEMENT (“Agreement”) is made and entered into as of the 28th day of April, 2017 (the “Closing Date”), between Apollo Aerospace Components LLC, an Ohio limited liability company (“Buyer”), Aero-Missile Components Inc., a Delaware corporation(“Seller”), and Precision Aerospace Components, Inc. a Delaware corporation (“Stockholder”).
LOAN AND SECURITY AGREEMENT by and between PRECISION AEROSPACE COMPONENTS, INC., as Parent and an Obligor FREUNDLICH SUPPLY COMPANY, INC. TIGER-TIGHT CORP. APACE ACQUISITION I, INC. APACE ACQUISITION II, INC., as Borrowers, NEWSTAR BUSINESS CREDIT,...Loan and Security Agreement • June 1st, 2012 • Precision Aerospace Components, Inc. • Wholesale-hardware • Texas
This Loan and Security Agreement is executed and entered into as of May 25, 2012, among PRECISION AEROSPACE COMPONENTS, INC., a Delaware corporation (“Parent”), FREUNDLICH SUPPLY COMPANY, INC., a Delaware corporation, TIGER-TIGHT CORP., a Delaware corporation, APACE ACQUISITION I, INC., a Delaware corporation and APACE ACQUISITION II, INC., a Delaware corporation (each a “Borrower” and together with Parent, each an “Obligor” and collectively “Obligors”), the lenders from time to time party to this Agreement (together with their respective successors and permitted assigns, each individually a “Lender” and collectively the “Lenders”) and NEWSTAR BUSINESS CREDIT, LLC, a Delaware limited liability company, as administrative agent (in such capacity, the “Administrative Agent”).
LOAN AND SECURITY AGREEMENTLoan Agreement • March 26th, 2020 • Amerinac Holding Corp. • Wholesale-hardware
This LOAN AND SECURITY AGREEMENT dated as of March 20, 2020 (the “Agreement”), is executed by and among USAC ROSS LLC, a Delaware limited liability company having an address at c/o Amerinac Holding Corp., 5936 State Route 159, Chillicothe, Ohio 45601 (“USAC Ross”), USAC WA LLC, a Delaware limited liability company having an address at c/o Amerinac Holding Corp., 5936 State Route 159, Chillicothe, Ohio 45601 (“USAC WA” and, together with USAC Ross, the “Borrowers” and each a “Borrower”), and SUMMITBRIDGE NATIONAL INVESTMENTS VI LLC (the “Lender”), whose address is 1700 Lincoln Street, Suite 2150, Denver, Colorado 80203.
AMENDMENT NO. 2 TO, AND CONSENT NO. 1 UNDER, CREDIT AGREEMENTCredit Agreement • May 1st, 2017 • Precision Aerospace Components, Inc. • Wholesale-hardware • New York
AMENDMENT NO. 2TO, AND CONSENT NO. 1, dated as of April 28, 2017 (this “Amendment and Consent”), UNDER, CREDIT AGREEMENT, dated as of August 25, 2015, between PRECISION AEROSPACE COMPONENTS, INC., a Delaware corporation (herein, the “Borrower”) and WEBSTER BUSINESS CREDIT CORPORATION, a New York corporation (“WBCC” or “Lender) (the “Credit Agreement”).
