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Exhibit 10.4
SECURITY AGREEMENT
SECURITY AGREEMENT dated as of September 27, 1996 by and among Alkermes,
Inc., a Pennsylvania corporation ("Alkermes"), Alkermes Controlled Therapeutics,
Inc., a Pennsylvania corporation and a wholly-owned subsidiary of Alkermes ("ACT
I"), Alkermes Controlled Therapeutics Inc. II, a Pennsylvania corporation and a
wholly-owned subsidiary of Alkermes ("ACT II") (Alkermes, ACT I and ACT II being
hereinafter referred to collectively as the "Debtors" and individually as a
"Debtor") and Fleet National Bank (the "Secured Party"). The Secured Party is
the successor by merger to Fleet Bank of Massachusetts, N.A. ("Fleet Mass").
This Agreement amends and restates in its entirety, and supersedes the terms of,
that certain Security Agreement dated as of November 19, 1992 between Alkermes
and Fleet Mass.
WHEREAS, Alkermes (and, to the extent described herein, one or more of the
other Debtors) has executed and delivered: (i) that certain $3,187,496 original
principal amount promissory note dated December 23, 1994 made by Alkermes and
payable to the order of Fleet Mass, as amended by Allonge to Note of even date
herewith among Alkermes, ACT I and the Secured Party (said December 23, 1994
promissory note, as so amended, being hereinafter referred to as the "1994
Note"), (ii) that certain $1,500,000 original principal amount promissory note
dated December 19, 1995 made by Alkermes and payable to the order of Fleet Mass,
as amended by Allonge to Note of even date herewith among Alkermes, ACT I and
the Secured Party (said December 19, 1995 promissory note, as so amended, being
hereinafter referred to as the "1995 Note"), (iii) that certain $5,000,000
original principal amount promissory note of even date herewith (the "Ohio Term
Note") made by Alkermes and ACT II and payable to the Secured Party, and (iv)
that certain letter agreement (the "Letter Agreement") of even date herewith
among the Debtors and the Secured Party, as same may be amended from time to
time; and
WHEREAS, the 1994 Note evidences a loan (the "1994 Term Loan") in the
original principal amount of $3,187,496 made by Fleet Mass to Alkermes, the
Secured Party having succeeded to the rights of Fleet Mass thereunder and ACT I
having become jointly and severally liable therefor, the 1995 Note evidences a
loan (the "1995 Term Loan") in the original principal amount of $1,500,000 made
by Fleet Mass to Alkermes, the Secured Party having succeeded to the rights of
Fleet Mass thereunder and ACT I having become jointly and severally liable
therefor, and the Ohio Term Note evidences a loan (the "Ohio Term Loan") in the
original principal amount of $5,000,000 being made by the Secured Party to
Alkermes and ACT II; and
WHEREAS, in connection with the 1994 Term Loan, the 1995 Term Loan, the
Ohio Term Loan and any Additional Term Loan (as defined herein), the Secured
Party requires that each Debtor grant to each Secured Party a security interest
in the Collateral (as defined in Section 1);
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereby act and agree
as follows:
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1. DEFINITIONS. As used in this Security Agreement, the following terms
have the following meanings:
"ADDITIONAL LOAN COLLATERAL" - Any equipment which is hereafter pledged to
the Bank as collateral in connection with any Additional Term Loan and which is
identified as such on a supplement to Exhibit A to this Security Agreement to be
delivered to the Bank by the Debtors in connection with any Additional Term
Loan.
"ADDITIONAL TERM LOAN" - As defined in the Letter Agreement.
"ADDITIONAL TERM NOTE" - As defined in the Letter Agreement.
"CAMBRIDGE PREMISES" - Those Premises located at 00 Xxxxxx Xxxxxx,
Xxxxxxxxx, XX 00000.
"COLLATERAL" - All of the Equipment and all of the following:
(a) all warranties, licenses, contract rights and other rights and
interests pertaining to any of the Equipment and/or the use thereof, all
whether now or hereafter existing or owned by any Debtor or in which any
Debtor shall now or hereafter have any interest; and
(b) all liens, guaranties, securities, rights, remedies and privileges
pertaining to, and all proceeds (including, without limitation, insurance
proceeds) of and all accessions to, any of the foregoing items of
Collateral, all whether now or hereafter existing or owned by any Debtor or
in which any Debtor shall now or hereafter have any interest.
"EQUIPMENT" - All of the items listed on Exhibit A hereto as same may be
from time to time supplemented (including those items described under the
headings "1994 Loan Collateral", "1995 Loan Collateral" and "Ohio Loan
Collateral" and any Additional Loan Collateral which may hereafter be pledged)
and all accessions, additions, substitutions or replacements to or for any of
such items and all attachments, components, accessories, parts and supplies
relating thereto; all whether affixed or moveable and wherever located.
"EVENT OF DEFAULT" - The occurrence of any one or more of the following:
(i) any "Event of Default" as defined in any Loan Document; (ii) any
representation or warranty by any Debtor contained in this Security Agreement
shall prove to have been inaccurate or incomplete in any material respect on the
date when made; (iii) any failure or default by any Debtor under any of
Subsections 4(a), 4(c), 4(d), 4(e) or 4(f); (iv) any failure or default by any
Debtor under Subsection 4(g) which continues uncured for ten (10) days; or (v)
any failure by any Debtor to perform or observe any of its other obligations or
agreements under this Security Agreement, which failure remains uncured for
thirty (30) days after notice thereof has been given to such Debtor.
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"LIEN" - Any lien, charge, encumbrance or security interest, whether
voluntary or involuntary.
"LOAN DOCUMENTS" - This Security Agreement, the Letter Agreement, the 1994
Note, the 1995 Note, the Ohio Term Note, any Additional Term Note and any other
instruments or documents, letters of credit or other agreements made by any one
or more of the Debtors with or in favor of Fleet Mass or the Secured Party in
connection with the 1994 Term Loan, the 1995 Term Loan, the Ohio Term Loan
and/or any Additional Term Loan, all whether now existing or hereafter entered
into or delivered.
"1994 LOAN COLLATERAL" - Those items of Equipment described on Exhibit A
hereto under the heading "1994 Loan Collateral".
"1995 LOAN COLLATERAL" - Those items of Equipment described on Exhibit A
hereto under the heading "1995 Loan Collateral".
"OBLIGATIONS" - Any and all indebtedness, liabilities or obligations of any
Debtor, joint or several, direct or indirect, absolute or contingent, due or to
become due, now existing or hereafter arising, to or for the benefit of the
Secured Party and arising out of or provided for in the Letter Agreement, the
1994 Note, the 1995 Note, the Ohio Term Note, any Additional Term Note and/or
any of the other Loan Documents, such term to include obligations to perform
acts and refrain from taking action as well as obligations to pay money.
"OHIO LOAN COLLATERAL" - Those items of Equipment described on Exhibit A
hereto under the heading "Ohio Loan Collateral".
"OHIO PREMISES" - Collectively, those Premises located at 0000 Xxxxxxx
Xxxx, Xxxx Xxx, Xxxx 00000 (the "Blue Ash Facility") and 000 Xxxxxxx Xxxxxx,
Xxxxxxxxxx, Xxxx 00000 (the "Wilmington Facility").
"PERSON" - As defined in the Letter Agreement.
"PREMISES" - All locations (whether owned, leased, operated or otherwise
used by any Debtor), including the Cambridge Premises and the Ohio Premises, in
which any of the Equipment is or will be located, all of which are listed on
Exhibit B hereto together with the record owner of each such location.
"UCC" - The Uniform Commercial Code as in effect from time to time in
Massachusetts, except that with respect to Collateral located or deemed located
in any other jurisdiction, such term shall refer to the Uniform Commercial Code
as in effect in each such other jurisdiction.
Any defined term used in the plural preceded by the definite article shall
be taken to encompass all members of the relevant class. Any defined term used
in the singular preceded by "any" shall be taken to indicate any number of the
members of the relevant class.
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2. GRANT OF SECURITY INTEREST. As security for the full and timely
satisfaction of the Obligations, each Debtor hereby grants to the Secured Party
a continuing security interest in the Collateral, and in each item thereof, all
to the maximum extent that such Debtor has an interest therein or at any time in
the future obtains such an interest.
3. REPRESENTATIONS AND WARRANTIES. The Debtors jointly and severally
represent and warrant to the Secured Party that:
(a) The execution, delivery and performance by Alkermes, ACT I and ACT II
of this Security Agreement, including the security interests herein granted or
intended to be granted, has been duly authorized by all necessary corporate and
other action and does not and will not:
(i) require any waiver, consent or approval of their respective
shareholders, any governmental authority or any other Person;
(ii) contravene any of their respective charters or by-laws;
(iii) violate any provision of, or require any filing (other than the
filing of financing statements under the UCC with respect to the security
interests herein granted), registration, consent or approval under, any
law, rule, regulation (including, without limitation, Regulation U), order,
writ, judgment, injunction, decree, determination or award presently in
effect having applicability to any Debtor;
(iv) result in a breach of or constitute a default or require any
waiver or consent under any indenture or loan or credit agreement or any
other agreement, lease or instrument to which any Debtor is party or by
which it or any of its properties may be bound or affected;
(v) result in, or require, the creation or imposition of any Lien
(other than as created hereunder) upon or with respect to any of the
properties now owned or hereafter acquired by any Debtor; or
(vi) cause any Debtor to be in default under any such law, rule,
regulation, order, writ, judgment, injunction, decree, determination or
award or any such indenture, agreement, lease or instrument.
(b) This Security Agreement has been duly executed and delivered on behalf
of each of the Debtors and is a legal, valid and binding joint and several
obligation of each Debtor, enforceable in accordance with its terms, except as
limited by applicable bankruptcy, insolvency, reorganization, moratorium and
other similar laws or equitable principles from time to time in effect relating
to or affecting the rights of creditors generally.
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(c) No Obligation has been or will hereafter be incurred on account of
personal, family or household purposes.
(d) The principal place of business and chief executive offices of each
Debtor are located at the Cambridge Premises, and all of the books and records
of each Debtor are located at the Cambridge Premises except those books and
records described in Schedule 2.1(j) to the Letter Agreement. Certain books and
records of ACT II are also located at the Ohio Premises. Except as described on
Exhibit B hereto, none of the Collateral and no other assets of any Debtor are
located at any other location. Alkermes and ACT I are tenants in the Cambridge
Premises and the record owner of the Cambridge Premises is as set forth on
Exhibit B hereto. ACT II is the owner of the Wilmington Facility and is a tenant
at the Blue Ash Facility. The owner of the Blue Ash Facility is set forth as
Exhibit B hereto. All Equipment of Alkermes and ACT I is located at the
Cambridge Premises and all Equipment of ACT II is located at the Ohio Premises.
(e) No Debtor conducts business under any trade name or style other than
its corporate name.
(f) The Debtors own the Collateral free and clear of all Liens except Liens
in favor of the Secured Party.
(g) The Equipment has been accepted by the Debtors and is in good repair,
working order and condition, and no Debtor has asserted (and no Debtor knows of
any basis for) any material warranty or other claim against any seller or
manufacturer thereof.
4. COVENANTS. (a) PAYMENT AND PERFORMANCE. The Debtors shall
unconditionally pay when due or within any applicable grace period (or on demand
if so payable) each Obligation and shall duly and punctually perform each
Obligation.
(b) FURTHER ASSURANCES. Each Debtor will from time to time at its expense,
upon the Secured Party's request, promptly execute and deliver all such further
instruments and documents, and take all such further action, as may be necessary
or that the Secured Party may reasonably request in order to perfect and protect
the security interests granted or intended to be granted hereby or to enable the
Secured Party to enforce its rights and remedies hereunder with respect to any
Collateral.
(c) INFORMATION. Each Debtor shall maintain complete records (accurate in
all material respects) of all of its Collateral and its dealings with respect
thereto in accordance with generally accepted accounting principles applied on a
consistent basis. Upon reasonable notice from time to time (and at any time and
without notice after the occurrence and during the continuance of an Event of
Default), each Debtor shall permit the Secured Party and its employees,
representatives and agents access to the Premises and the Secured Party shall
have the right to inspect the Collateral and make copies of such books and
records; provided, however, that certain areas of the Debtors' facilities may be
restricted for reasons of health and safety and that certain aspects of the
Debtors' business are highly confidential and the Secured Party will not be
permitted access
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to such restricted areas or such confidential information in the Debtors'
possession. Each Debtor shall from time to time furnish to the Secured Party
such information concerning the Collateral as the Secured Party may reasonably
request, and will promptly notify the Secured Party if any representation or
warranty of any Debtor in Section 3 hereof becomes inaccurate, incomplete or
misleading in any material respect.
(d) INSURANCE. The Debtors shall at their expense maintain fire and
extended coverage insurance policies insuring the Equipment, with responsible
and reputable insurance companies or associations, in amounts sufficient to
provide for full replacement cost coverage (with agreed amount endorsement) and
in any event not less than the amount necessary to avoid co-insurance. All such
insurance shall name the Secured Party as secured party and loss payee. All
policies of such insurance shall contain a provision forbidding cancellation of
such insurance either by the carrier or by the insured without at least 15 days'
prior written notice to the Secured Party. The Debtors shall upon the Secured
Party's request deliver to the Secured Party duplicate policies of such
insurance and/or binders, certificates or other evidence thereof (with evidence
of premiums having been paid) from the insurer or a reputable insurance broker.
In case of any casualty, loss or damage to which the following sentence is not
applicable, the Debtors shall make the necessary repairs or replacements and
shall be entitled to be reimbursed therefor from and to the extent of the
proceeds of such insurance. Upon the occurrence and during the continuance of
any Event of Default, all insurance payments in respect of Equipment shall be
paid and applied as specified in Subsection 8(c) below.
(e) TITLE; SALE OR REMOVAL OF COLLATERAL. No Debtor shall create or suffer
to exist any Lien in or on any of the Collateral. No Debtor shall, without the
Secured Party's prior written approval, sell, transfer or remove from the
Premises or otherwise dispose of any of the Collateral; provided that the
Debtors may move the Collateral to any new facility within The Commonwealth of
Massachusetts or the State of Ohio acquired, leased or constructed by the
Debtors if the Debtors give the Secured Party not less than thirty (30) days'
prior written notice of such move and provide all such financing statements and
other documentation as may be necessary to protect, perfect and/or confirm the
first priority security interests granted or intended to be granted in this
Security Agreement. Except as provided in the immediately preceding sentence, no
Collateral of any Debtor will be located at any premises other than the
respective Premises described in Subsection 3(d) above. Each Debtor (i) shall
maintain books and records relating to Collateral only at its locations
described in Subsection 3(d) above, (ii) will not move its chief executive
office or principal place of business from the location described in Subsection
3(d) above, (iii) will not change its name or identity (or use any trade name or
style except as described in Subsection 3(e) above), and (iv) will not make or
suffer to be made any change in its corporate structure until, in each case,
after receipt of a certificate from the Secured Party, signed by an officer
thereof, stating that the Secured Party has, to its satisfaction, obtained all
documentation that it deems necessary or desirable to obtain, maintain, perfect
and/or confirm the first priority security interests granted or intended to be
granted herein.
(f) MAINTENANCE AND USE OF EQUIPMENT. The Debtors will maintain all
Equipment in good order and condition, making all necessary repairs thereto. The
Debtors will not suffer any
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waste or destruction of any Equipment, nor use any Equipment in violation of any
applicable law or any insurance thereon.
(g) TAXES. The Debtors promptly shall pay, as they become due and payable,
all taxes, unemployment contributions and all other charges of any kind or
nature levied, assessed or claimed against any Debtor or the Collateral by any
Person whose claim could result in a Lien upon any of the Collateral, except to
the extent such taxes, contributions or other charges are being contested in
good faith and by appropriate proceedings which operate as a matter of law to
stay the enforcement of any such Lien and adequate reserves have been
established and are maintained by the Debtors.
5. SECURED PARTY APPOINTED ATTORNEY-IN-FACT. (a) Each Debtor hereby
irrevocably appoints the Secured Party as such Debtor's attorney-in-fact, with
full authority in the name, place and stead of such Debtor, from time to time in
the Secured Party's discretion, to take any action and to execute any instrument
which the Secured Party may deem necessary or advisable to accomplish the
purposes of this Security Agreement, including, without limitation, to obtain
and adjust any insurance required pursuant to this Security Agreement and/or the
Letter Agreement.
(b) The power of attorney granted pursuant to this Section 5 is a power
coupled with an interest and shall be irrevocable until the Obligations are paid
indefeasibly in full.
6. SECURED PARTY MAY PERFORM. If any Debtor fails to perform any agreement
contained herein, the Secured Party may itself perform, or cause performance of,
such agreement, and the reasonable expenses of the Secured Party incurred in
connection therewith shall be payable by the Debtors as provided under Section 9
hereof, with interest as provided in the Letter Agreement.
7. SECURED PARTY'S DUTIES. The powers conferred on the Secured Party
hereunder are solely to protect its interests in the Collateral and shall not
impose any duty upon it to exercise any such powers. Except for the safe custody
of any Collateral actually in its possession and the accounting for monies
actually received by it hereunder, the Secured Party shall have no duty as to
any Collateral. The Secured Party shall not be liable for any acts, omissions,
errors of judgment or mistakes of fact or law including, without limitation,
acts, omissions, errors or mistakes with respect to the Collateral, except for
those arising out of or in connection with the Secured Party's gross negligence
or willful misconduct. The Secured Party shall be deemed to have exercised
reasonable care in the custody and preservation of the Collateral in its
possession if the Collateral is accorded treatment substantially equal to that
which the Secured Party accords its own like property, it being understood that
the Secured Party shall be under no obligation to take any necessary steps to
collect any Collateral or preserve rights against prior parties or any other
rights pertaining to any Collateral, but may do so at its option, and all
reasonable expenses incurred in connection therewith shall be for the sole
account of the Debtors and shall be added to the Obligations.
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8. REMEDIES. If any Event of Default shall have occurred and be continuing:
(a) The Secured Party may exercise in respect of the Collateral, in
addition to other rights and remedies provided for herein or otherwise available
to it, all the rights and remedies of a secured party under the UCC and also may
without limitation:
(i) require each Debtor to, and each Debtor hereby agrees that it will
at its expense and upon reasonable request of the Secured Party forthwith,
assemble all or any part of the Collateral as directed by the Secured Party
and make it available to the Secured Party at a place or places to be
designated by the Secured Party which is or are reasonably convenient to
the respective parties; and
(ii) without notice except as specified below, sell, lease, assign,
grant an option or options to purchase or otherwise dispose of the
Collateral or any part thereof in one or more parcels at public or private
sale, at any exchange, broker's board or at the Secured Party's offices or
elsewhere, for cash, on credit or for future delivery, and upon such other
terms as are commercially reasonable.
(b) The Secured Party may maintain possession of Collateral at the Premises
or remove the same or any part thereof to such places as the Secured Party may
elect. Each Debtor agrees that, to the extent notice of sale shall be required
by law, 10 days' prior written notice to such Debtor shall constitute reasonable
notification. Notice of any public sale shall be sufficient if it describes the
Collateral to be sold in general terms, stating the items or amounts thereof and
the location and nature thereof, and is published at least once in any newspaper
selected by the Secured Party and of general circulation in the locale of such
sale, not less than 10 days prior to the sale. The Secured Party shall not be
obligated to make any sale of Collateral regardless of notice of sale having
been given and may be the purchaser at any such sale, if public, to the extent
permitted by applicable law, free from any right of redemption. The Debtors
shall be fully liable for any deficiency. The Secured Party may adjourn any
public or private sale from time to time by announcement at the time and place
fixed therefor, and such sale may, without further notice, be made at the time
and place to which it was so adjourned.
(c) Any cash held by the Secured Party as Collateral and all cash or other
proceeds received by the Secured Party in respect of any sale of, collection
from, or other realization upon all or any part of the Collateral, shall be
applied by the Secured Party in the following order of priorities:
FIRST, to the payment of the reasonable costs and expenses of any sale or
other expenses (including, without limitation, any legal fees and expenses),
liabilities and advances made or incurred by the Secured Party in connection
therewith or referred to in Section 9 or provided for by the Letter Agreement;
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NEXT, to payment of interest on and principal of the 1994 Note, the 1995
Note, the Ohio Term Note and any Additional Term Note (in such order as may be
provided for in the Letter Agreement or as otherwise determined by the Secured
Party);
NEXT, to the payment of any other Obligations; and
FINALLY, after payment in full of all Obligations, to the payment to the
Debtors or their successors or assigns, or to whomsoever may be lawfully
entitled to receive the same or as a court of competent jurisdiction may direct,
of any surplus then remaining of such cash.
9. EXPENSES AND INDEMNIFICATION. Each Debtor jointly and severally agrees
to reimburse the Secured Party for and to indemnify and hold harmless the
Secured Party from and against any and all liability, loss, damage, and all
reasonable costs or expenses (including, without limitation, fees and
disbursements of counsel, experts and agents) imposed on, incurred by or
asserted against the Secured Party arising out of or in connection with:
preparation of this Security Agreement, the documents relating hereto, or
amendments, modifications or waivers hereof; taxes (excluding any corporate
excise or income taxes payable by the Secured Party by reason hereof or
otherwise) and other governmental charges in connection with this Security
Agreement and the Collateral; exercise of the Secured Party's rights with
respect to this Security Agreement and the Collateral; any enforcement,
collection or other proceedings resulting therefrom or any negotiations or other
measures to preserve the Secured Party's rights hereunder; the custody or
preservation of, or the sale of or other realization upon, any of the
Collateral; any failure by any Debtor to perform or observe any of the
provisions of this Security Agreement; any investigative, administrative or
judicial proceeding (whether or not the Secured Party is designated a party
thereto) relating to or arising out of this Security Agreement; or any
bankruptcy, insolvency or other similar proceeding relating to any Debtor,
unless the Secured Party was at fault with respect to such liability, loss,
damage, cost or expense or acted in bad faith with respect thereto. The Debtors'
obligations under the preceding sentence shall constitute Obligations and shall
survive the termination of this Security Agreement.
10. TERMINATION. This Security Agreement shall remain in full force and
effect so long as any Obligation remains outstanding. Upon the satisfaction in
full of all of the Obligations, the Secured Party shall, at the Debtors'
expense, execute and deliver to the Debtors all instruments of assignment or
otherwise as may be necessary to establish full title of the Debtors to any of
the Collateral, subject to any prior sale or other disposition thereof pursuant
to Section 8. Until then, this Security Agreement shall itself constitute
conclusive evidence of the validity, effectiveness and continuing force hereof,
and any Person may rely hereon.
11. WAIVER; RIGHTS CUMULATIVE. No failure to exercise and no delay in
exercising, on the part of the Secured Party, any right or remedy hereunder or
otherwise shall operate as a waiver thereof, nor shall any single or partial
exercise thereof preclude any other or further exercise thereof or the exercise
of any other right or remedy. Waiver by the Secured Party of any right or remedy
on any one occasion shall not be construed as a bar to or waiver thereof or of
any other right or remedy on any future occasion. The Secured Party's rights and
remedies hereunder
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and under the Loan Documents shall be cumulative, may be exercised singly or
concurrently and are not exclusive of any rights or remedies provided by law.
The provisions of this Security Agreement are not in derogation or
limitation of any obligations, liabilities or duties of any Debtor under any of
the other Loan Documents or any other agreement with or for the benefit of the
Secured Party. No inconsistency in default provisions between this Agreement and
any of the other Loan Documents or any such other agreement will be deemed to
create any additional grace period or otherwise derogate from the express terms
of each such default provision. No covenant, agreement or obligation of any
Debtor contained herein, nor any right or remedy of the Secured Party contained
herein, shall in any respect be limited by or be deemed in limitation of any
inconsistent or additional provisions contained in any of the other Loan
Documents or any such other agreement.
12. SEVERABILITY. In the event that any provision of this Agreement or the
application thereof to any Person, property or circumstance shall be held to any
extent to be invalid or unenforceable, the remainder of this Security Agreement
and the application of such provision to Persons, properties and circumstances
other than those as to which it has been held invalid or unenforceable shall not
be affected thereby, and each provision of this Security Agreement shall be
valid and enforceable to the fullest extent permitted by law.
13. BINDING EFFECT; ASSIGNMENT. This Security Agreement shall be binding
upon the Debtors and their respective successors and assigns and shall inure to
the benefit of the Debtors and the Secured Party and their respective successors
and assigns. This Security Agreement is the joint and several obligation of the
Debtors.
14. NOTICES. All notices and other communications under or relating to this
Security Agreement shall be given in the manner and to the addresses of the
parties provided for in [Section]6.6 of the Letter Agreement.
15. HEADINGS. Section headings in this Security Agreement are included
herein for convenience of reference only and shall not constitute a part of this
Agreement for any other purpose.
16. GOVERNING LAW. This Security Agreement shall be governed by, and
construed and enforced in accordance with, the laws of The Commonwealth of
Massachusetts, except that the creation, perfection and enforcement of security
interests in Collateral located in jurisdictions other than Massachusetts will
be governed by the laws of the respective jurisdictions in which such Collateral
is located.
17. PARTIAL RELEASE. The Secured Party agrees that upon the satisfaction of
the Partial Release Conditions (hereinafter defined) in relation to the 1994
Term Loan, the 1995 Term Loan or the Ohio Term Loan, the Secured Party will, at
the Debtors' request, execute and deliver to the Debtors a release of the 1994
Loan Collateral or the 1995 Loan Collateral or the Ohio Loan Collateral (as
appropriate) from the lien of this Security Agreement (including appropriate
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releases on Form UCC-3) and, upon execution and delivery of such release, the
1994 Loan Collateral, the 1995 Loan Collateral or the Ohio Loan Collateral (as
the case may be) will no longer be deemed "Collateral" subject to this Security
Agreement. As used herein, the "Partial Release Conditions" will be deemed
satisfied only if all of the following shall have occurred: (i) the 1994 Term
Loan or the 1995 Term Loan or the Ohio Term Loan (as the case may be) shall have
been paid in full, (ii) the cash and/or readily-marketable Government Securities
pledged to the Secured Party under Section 1.8 of the Letter Agreement shall
have an aggregate fair market value of not less than the "Required Minimum
Value" (as defined in the Letter Agreement) and Alkermes shall agree to maintain
such pledged cash and/or readily-marketable Government Securities in such amount
so that the fair market value thereof shall never be less than such "Required
Minimum Value" and (iii) there shall then exist no Event of Default nor any
event or circumstance which, with the passage of time or the giving of notice or
both, could become an Event of Default. At the time of the making of any
Additional Term Loan, the Bank and the Debtors may, by written modification to
this Security Agreement, set forth the circumstances, if any, under which a
partial release may be obtained with respect to the Additional Loan Collateral
pledged in connection with the relevant Additional Term Loan.
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IN WITNESS WHEREOF, the Debtors and the Secured Party have caused this
Security Agreement to be executed, as an instrument under seal, by their
respective officers thereunto duly authorized, as of the date first above
written.
ALKERMES, INC.
By /s/ Xxxxxxx Xxxxxxx
------------------------------------
Name: Xxxxxxx Xxxxxxx
Title: Senior Vice President and CFO
ALKERMES CONTROLLED
THERAPEUTICS, INC.
By /s/ Xxxxxxx Xxxxxxx
------------------------
Name: Xxxxxxx Xxxxxxx
Title: Vice President
ALKERMES CONTROLLED
THERAPEUTICS INC. II
By /s/ Xxxxxxx Xxxxxxx
------------------------
Name: Xxxxxxx Xxxxxxx
Title: Vice President
FLEET NATIONAL BANK
By /s/ Xxxxxxxxx Xxxxxx
------------------------
Name: Xxxxxxxxx Xxxxxx
Title: VP
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EXHIBIT A - Equipment list
EXHIBIT B - Locations in which Equipment is located, including owners of real
estate
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Exhibit A
1994 Loan Collateral
Equipment List Cumulative
Date of Total
Purchase Company Description Invoice Freight Sales Tax Net
--------------------------------------------------------------------------------------------------------------------------------
10/1/92 Tech Computer Mac Classic II 1,233.75 58.75 1,175.00
10/1/92 Tech Computer Mac Mono Display 246.75 11.75 235.00
10/1/92 Tech Computer Xxxxxxx 950 9,968.70 474.70 6,695.00
20" Trinitron 2,799.00
10/9/92 Matrix Technologies Cellroll Standard 2,955.00 10.00 2,945.00
10/2/92 Xxxxxx Scientific Balance 1,522.61 12.61 1,510.00
10/1/92 Tech Computer Ethernet LC 636.30 30.30 606.00
10/15/92 Xxxxxx Scientific Centrifuge 2,103.60 8.60 2,095.00
10/30/92 Xxxxxx Medical Microfractionator 2,808.64 18.64 1,395.00
Microfractionator 1,395.00
10/19/92 Universal Imaging Isolation System 1,435.00 120.00 1,315.00
10/30/92 Lexington Alarm Temperature System 10,181.00 10,181.00
10/29/92 GIBCO BRL Sequencing Gel 2,130.00 1,570.00
280.00
280.00
10/30/92 Inspection Tech. Thermal Printer 8,693.00 165.00 3,876.00
Monitor, panasonic 357.00
Sony VHS recorder 485.00
RGNB Flash-sync camera 3,810.00
10/23/92 Xxxxxx Manufacturing Chart Recorders 2,597.14 9.14 2,588.00
10/13/92 Tech Computer Laserwriter III 3,076.50 146.50 2,930.00
10/1/92 Voice Systems Telephone Sets 1,968.75 93.75 1,875.00
10/22/92 American Express Color Portables 627.47 627.47
11/9/92 VWR Scientific Catalytic Apparatus 1,692.00 1,692.00
11/12/92 Tech Computer 2 MB Set 378.00 18.00 360.00
11/13/92 Tech Computer Mac Classic Deskwriter 3,371.55 160.55 3,211.00
11/20/92 Jouan, Inc. Rotor, Buckets 1,823.42 5.42 1,818.00
11/19/92 American Instr. Ex. UV Monitor 1,459.33 9.33 1,450.00
11/19/92 Millipore Auto Sampler 35,903.60 88.60 25,510.00
10,305.00
11/20/92 Nynex Meridien Digital Line Card 3,399.00 159.00 3,240.00
11/13/92 VWR Scientific Pb Meter 1,525.75 1,525.75
Balance 1,596.00 1,596.00
11/30/92 VWR Scientific Diluter Dispen. 4,495.50 4,495.50
11/30/92 Jouan, Inc. Centrifuge 3,209.07 59.07 3,150.00
12/29/92 Avestin Inc. Homogenizer 3,860.00 160.00 3,700.00
Date of
Purchase Serial No Model No
--------------------------------------------------------
10/1/92 SG2527INGD21 M1542LL/A
10/1/92
10/1/92 F82860A M6710LL/A
STD9752
10/9/92 2538 186000
10/2/92 01 911 174
10/1/92 M0443LL/B M0437
10/15/92 S415C
10/30/92 129H2182 121011
129H2190 12011
10/19/92
10/30/92
10/29/92 X0 00X0XX CM5JC2
1070HH CKVJ03
1070HL CBCJ03
10/30/92 SN117307 SV-S6600
B22380425 CT-1383Y
S01-0012494-4 SVO-1410
10/23/92 6171-20A
10/13/92 CA221KEW B0814LL/A
10/1/92 M2006
10/22/92
11/9/92 19790-000
11/12/92 160P&A010
11/13/92 ML542LL/A
11/20/92 11175338
11/19/92 CHROM 1348
11/19/92 WAT042465
WAT078500
11/20/92 NT8D02AB
11/13/92 34104-288
11275-260
11/30/92 25227-629
11/30/92 29210255
12/29/92 10052
15
Exhibit A
1994 Loan Collateral
Equipment List Cumulative
Date of Total
Purchase Company Description Invoice Freight Sales Tax Net
--------------------------------------------------------------------------------------------------------------------------------
12/29/92 Xxxxxxx Instr. IV/VIS System 10,066.84 37.00 10,029.84
12/29/92 Binary Systems, Inc. Printer & Hardware 1,159.75 10.00 54.75 1,095.00
12/30/92 Puffer Xxxxxxx Refrigerator 2,980.52 327.52 2,653.0O
12/4/92 Queue Systems Incubator 7,244.00 662.00 6,582.00
12/8/92 Queue Systems Incubator 6,704.00 122.00 6,582.00
12/3/92 VWR Centrifuge 1,676.00 1,676.00
12/30/92 Puffer Xxxxxxx Refrigerator 2,729.00 2,729.0O
12/18/92 Xxxxxxxxxx & Schuell Elutrap System 1,225.45 5.50 1,219.95
12/22/92 Millipore PDA Detector 9,976.00 9,976.00
1/4/93 Tech Computer Mac IIsi 2,423.40 115.40 2,308.00
1/4/93 Tech Computer Mac IIci 2,539.95 120.95 2,194.00
Mono Display 225.00
1/5/93 Polyfoam Packers Roto Transporter 695.19 18.54 676.65
1/6/93 VWR Scientific Vacuum Pump 636.00 636.00
1/7/93 VWR Scientific Vacuum Pump plus 2,266.05 2,266.05
1/7/93 Dell Direct Sales Computer 3,510.50 75.00 165.50 3,270.00
1/11/93 Tech Computer Mac IIci 4,076.10 194.10 2,998.00
13" HI Res RGB 525.00
StyleWriter 359.00
1/29/93 Amicon Cartridge Concentrator 3,301.99 6.95 3,295.04
1/25/93 Queue Systems Chest Freezer 5,593.00 370.00 5,223.00
1/25/93 Tech Computer Mac IIci 2,436.00 116.00 2,095.00
Mono Display 225.00
1/29/93 Forma Scientific Lab Incubators 28,956.00 7,239.00
7,239.00
7,239.00
7,239.00
1/29/93 Tech Computer Mac Classic II 1,081.50 51.50 1,030.00
2/17/93 Computer Marketplace LaserJet Printer 2,011.95 18.00 94.95 1,899.00
2/24/93 Hewlett Packard HPLC System & pump 53,500.00 53,500.00
4/6/93 CCG 21" Computer Monitor 2,284.00 2,284.00
4/9/93 USA Flex 15" Flat Screen 496.83 20.88 475.95
4/1/93 Dell Computer Dell 466/ME, Base 3,210.99 75.00 151.24 2,984.75
Date of
Purchase Serial No Model No
---------------------------------------------------------
12/29/92 4314984
12/29/92 B3-300
12/30/92 ZO3B129576ZB
12/4/92 Y09B128177YB
12/8/92 Y09B128178YB
12/3/92 20901-051
12/30/92 ZO9B129922ZB FC443ABA
12/18/92 46179
12/22/92 XXX000000 M996
1/4/93 SI-PC2188SHC M0364L/B
1/4/93 F12480US724 M5718LL/A
XX0000XXX00 X0000XX/X
1/5/93 301
1/6/93 54950-080
1/7/93 54950-080
1/7/93 220-0082
1/11/93 F124802P M5718LL/A
5296270 MO401LL/B
2E2475223 B043BLL/C
1/29/93 54133
1/25/93 N16C132405NC
1/25/93 F123411172 M5718LL/A
SG2480W2097 M0298LL/A
1/29/93 35822-06587 3326
35822-06588
35822-06595
35822-06597
1/29/93 XX0000XXX00 X0000XX/X
2/17/93
2/24/93 3247A03961 G1301A
2926A03338
2623A03422
3151A01002
4/6/93
4/9/93 TNL105301S
4/1/93 2CSQN
16
Exhibit A
1994 Loan Collateral
Equipment List Cumulative
Date of Total
Purchase Company Description Invoice Freight Sales Tax Net
--------------------------------------------------------------------------------------------------------------------------------
4/6/93 Xxxxxx Photo Tube HV 1,613.00 16.00 1,597.00
4/14/93 Computerland Inkjet Printer 764.86 21.20 36.42 707.24
4/8/93 PC Connection Laserjet Printer 1,817.00 5.00 1,812.00
4/22/93 Hewlett Packard 240 MB Hard Disk 705.60 33.60 672.00
4/15/93 Xxxxxxxxx Co. Stereotaxic 2,443.14 48.14 2,395.00
3/30/93 Dell Computer 4 Dell 466/ME, Base 13,001.98 308.00 612.48 12,081.50
2/24/93 Millipore Corp. Vendor Computer 3,000.00 3,000.00
4/30/93 VWR Orbit Shaker 1,045.00 1,045.00
3/31/93 Infotech Mac Centris 1,886.10 15.00 89.10 1,782.00
4/19/93 Dell Computer 4 8MB RAM 1,642.28 78.20 1,564.08
4/22/93 Computerland Mac Centris 3,699.49 19.50 176.17 3,503.00
4/21/93 Electro-Steam Steam Generator 4,195.00 4,195.00
4/16/93 Digital Equip. Corp. 4MB 245 IDE 4,669.27 50.32 219.95 4,399.00
4/6/93 XXX Computers, Inc. Star Printer NX-1020 548.00 149.00 399.00
4/7/93 XXX Computers, Inc. Microsoft Mouse 89.95 89.95
4/15/93 XXX Computers, Inc. 386 SX 33 MHZ 1,399.00 1,399.00
4/23/93 Farallon Computing PhoneNET SC 1,595.00 1,595.00
4/1/93 Xxxxxx Drying Chamber 1,050.94 10.94 1,040.00
4/30/93 Micro Video 3-Way Trinocular Head 1,713.89 2.94 1,710.95
4/3/93 Millipore 20104861 MS 78,342.98 64.98 22,297.50
100DL 600E 13,950.00
M717 Autosampler 22,500.00
REF 470 Fluor 5,940.00
486 Analytical 13,590.50
4/14/93 USA Flex Multisync 15" 6,117.70 177.70 594.00
594.00
594.00
594.00
594.00
594.00
594.00
594.00
594.00
594.00
4/21/93 Hewlett Packard HP Vectra 486/33N 1,208.59 57.55 1,151.04
4/29/93 Xxxxxx Scientific Bal EL MT5 7,652.00 34.00 7,618.00
Date of
Purchase Serial No Model No
--------------------------------------------------------
4/6/93
4/14/93 3307S77294
4/8/93 USBC065001
4/22/93 D1697A
4/15/93
3/30/93
2/24/93
4/30/93 57018-855
3/31/93 F2309LOACN7
4/19/93 4310-3335
4/22/93 SF1313DYDCA2
4/21/93 LG30-H
4/16/93 FR-PCT35/PCXAG
4/6/93 NX-1020
4/7/93
4/15/93
4/23/93 PN597
4/1/93 1D 269 12
4/30/93 842147 T2
4/3/93 WAT042358
WAT062710
WAT078505
WAT038480
WAT080690
4/14/93 08119657 32NO9558H
08119657 32NO9971H
08119657 32NO9972H
08119657 32NO9994H
08119657 32NO9977H
08119657 32NO9993H
08119657 32NO9761H
08119657 32NO9969H
08119657 32N10000H
08119657 32N13824A
4/21/93 D2629A
4/29/93 01 913 275
17
Exhibit A
1994 Loan Collateral
Equipment List Cumulative
Date of Total
Purchase Company Description Invoice Freight Sales Tax Net
--------------------------------------------------------------------------------------------------------------------------------
4/1/93 FTS Systems Lyopholizer System 39,419.10 274.10 23,350.00
8,975.00
3,100.00
3,720.00
5/28/93 Office Pavilion Pedestal Files 5,090.55 242.41 4,848.14
6/11/93 X X Xxxx Kitchen Chairs 480.00 480.00
6/11/93 X X Xxxx Desks, Files, Chairs 19,226.55 339.00 915.55 17,972.00
6/11/93 X X Xxxx Conference Chairs -1,745.00 -1,745.00
5/31/93 Xxxxxx Incubator 1,122.00 1,122.00
5/4/93 Inspection Technologies VHS Recorder 594.34 19.34 575.00
5/18/93 Office Environments of NI Two Drawer Files 625.09 29.77 595.32
5/19/93 Nynex Meridien Telephones 28,384.29 2,475.00 1,233.77 24,675.52
5/28/93 Infotech Macintosh LC III 5,704.85 38.00 269.85 1,193.00
Macintosh LC III 1,193.00
Macintosh LC III 1,193.00
Centris/keyboard 1,818.00
5/28/93 Infotech 32MG Tape Backup 10,609.30 40.00 503.30 10,066.00
5/28/93 Infotech Macintosh Centris 3,157.40 20.00 149.40 2,988.00
5/28/93 Computerland 4 Mac Centris 7,803.48 28.25 371.59 1,690.91
1,690.91
1,690.91
1,690.91
Keyboards 640.00
6/1/93 First Source International DEC pc 16MB 663.50 14.50 649.00
6/1/93 Comport Consulting DEC Laptop 5,212.25 39.00 248.25 2,325.00
2,600.00
6/2/93 PC Connection Monitor 1,670.00 5.00 1,665.00
6/3/93 Millipore Data Interface 7,005.82 10.82 3,100.00
215.00
3,680.00
6/3/93 Infotech Mac Quadra 3,986.70 24.00 188.70 3,774.00
6/8/93 Network Resources Corp XxxxxXxxx Xxx 0 12,798.10 70.00 606.10 6,061.00
6,061.00
6/8/93 DSC Services CK2 Microscope 3,164.00 3,164.00
6/8/93 BlackBox Corp CSU/DSU 3,248.80 11.90 1,618.45
1,618.45
Date of
Purchase Serial No Model No
---------------------------------------------------
4/1/93 TS029301
FD029309
CR029301
5/28/93
6/11/93
6/11/93
6/11/93
5/31/93 11 639B
5/4/93 SVO-1410
5/18/93
5/19/93
5/28/93 F5419AX5VA2
F5319QU7VA2
F5319AXGVA2
R2814HRRON7
5/28/93 F33183X6687
5/28/93 F13197KHCA8
5/28/93 SF2307MSUCN7
SF2303HD4CN7
SF2309N3GCN7
SF2309N36CN7
APPL-D515D
6/1/93 DEC16-AMCE
6/1/93 FR-PCP34-DA
FR-PCX AR-AD
6/2/93 XXXXX MX17H
6/3/93 WAT088245
WAT087192
WAT200413
6/3/93 F33058ZMCC7
6/8/93 44-13632360
44-13633312
6/8/93
6/8/93 9305997
9304984
18
Exhibit A
1994 Loan Collateral
Equipment List Cumulative
Date of Total
Purchase Company Description Invoice Freight Sales Tax Net
--------------------------------------------------------------------------------------------------------------------------------
6/10/93 Comtronics Portable Radio 1,872.75 30.00 87.75 1,755.00
6/10/93 Comport Consulting Color Monitor 1,953.00 93.00 1,860.00
6/10/93 Computerland LaserJet 4SI 3,716.00 82.65 176.95 3,456.40
6/16/93 CompUSA APC Smart 2,995.00 25.00 2,970.00
6/17/93 CompUSA NEC 5,032.00 25.00 5,007.00
6/17/93 Dell Direct Sales Dell 466/L Base 5,029.78 150.00 236.18 4,643.60
6/21/93 USA Flex Multisync 6,112.68 172.68 594.00
594.00
594.00
594.00
594.00
594.00
594.00
594.00
594.00
594.00
6/22/93 Dell Direct Sales Dell 466/L Base 2,514.89 75.00 118.09 2,321.80
6/22/93 Digital Equipment MTE 2,679.20 50.00 125.20 2,504.00
6/22/93 Hewlett Packard Quaternary pump 41,417.00 1,932.00 12,606.92
Series autosampler 7,445.76
Wavelength detector 5,518.08
Fluorescence detector 8,014.08
ODS 178.56
ChemStation software 5,721.60
6/23/93 Alliance Peripheral Hard Drive 1,624.08 35.08 1,589.00
6/29/93 ISCO Three Channel Pump 1,187.00 1,187.00
7/2/93 Infotech CD Rom 567.45 12.00 26.45 529.00
7/6/93 Dell Direct Sales Dell 466/L Base 2,299.82 109.52 2,190.30
7/8/93 Comport Consulting 1,322.26 23.30 62.96 1,236.00
7/13/93 CompUSA APC Smart 860.00 860.00
7/13/93 Digital Equipment DADECpc 2,853.95 20.00 134.95 2,699.00
5/28/93 Xxxxxx Xxx XD-2 5,782.62 36.62 1,460.00
Balance 3,296.00
Pres holder 990.00
6/7/93 Xxxxxx 4,696.66 152.66 4,544.00
6/7/93 Xxxxxx 6,363.66 152.66 6,211.00
Date of
Purchase Serial No Model No
-----------------------------------------------------
6/10/93 P94YPC20A2A
6/10/93 FR-PCXAV-EA
6/10/93 HPCD-E4010/X4010
6/16/93
6/17/93
6/17/93
6/21/93 08119657 33M15852H
08119657 33M15826H
08119657 33M15822H
08119657 33M15835H
08119657 33M15853H
08119657 33M15846H
08119657 33M15816H
08119657 33M15827H
08119657 33M15828H
08119657 33M15834H
6/22/93
6/22/93 FR-PCT73
6/22/93 3317A02049
3315A02101
3225101728
1317G02464
0000A00000
6/23/93
6/29/93 681610010
7/2/93 F33183X6687
7/6/93
7/8/93 FR-PCXBV-BC
7/13/93 433542
7/13/93 FR-PCP34
5/28/93 01 913 2E
01 913 431
09 753 25J
6/7/93 R3855-10A
6/7/93 R3820-20A
19
Exhibit A
1994 Loan Collateral
Equipment List Cumulative
Date of Total
Purchase Company Description Invoice Freight Sales Tax Net
--------------------------------------------------------------------------------------------------------------------------------
6/7/93 Sonics & Materials 3,209.19 14.19 3,195.00
6/7/93 Xxxxxx 1,418.28 33.28 1,385.00
6/29/93 X X Xxxx Inc. Desks 1,236.70 25.00 57.70 1,154.00
7/6/93 X X Xxxx Inc. Chairs 1,722.00 82.00 1,640.00
7/6/93 X X Xxxx Inc. Files 312.90 14.90 298.00
7/13/93 Monroe Files 1,044.75 49.75 995.00
6/8/93 Dell Direct Sales 486SX/25 Base 1,545.95 75.00 71.95 1,399.00
6/23/93 Select Sales Drive External 1,970.63 10.63 1,960.00
6/18/93 FTS Systems Lyopholizer System 38,605.00 22,550.00
9,650.00
2,675.00
3,730.00
6/18/93 Xxxxxx Manufacturing 7,045.54 140.54 6,905.00
7/6/93 Xxxx Xxxxxx Digistatt Drive 1,395.00 1,395.00
7/6/93 ISCO Absorbance Detector 3,471.87 21.87 3,450.00
7/6/93 Sonics & Materials Ultrasonic Processor 3,207.26 12.26 3,195.00
7/9/93 Xxxx Scientific Pressure Vessel 1,063.00 19.23 1,043.77
6/30/93 Xxxxxx Syringe Pump 1,675.69 10.69 1,665.00
6/18/93 Xxxxxx Syringe Pump 1,674.28 9.28 1,665.00
6/22/93 NESLAB RTE-211 2,345.00 2,345.00
6/23/93 McMaster Xxxx Lift Table 1,647.29 1,647.29
7/13/93 Sonics & Materials Ultrasonic Processor 3,209.19 14.19 3,195.00
7/16/93 Xxxxxx Xxxxx 1,512.00 1,512.00
7/16/93 Xxxxxx Xxxxx Thermal analyst system 35,345.41 100.41 35,245.00
6/23/93 Plastic Structures 1,746.00 1,746.00
7/22/93 Computerland Starconnector 694.17 8.25 33.05 652.87
7/23/93 Millipore Powerline Conductivity 8,083.75 8.75 8,075.00
7/23/93 Micro Video Various 15,106.59 12.04 15,094.55
7/23/93 Sharp Copier System 3,780.00 180.00 3,600.00
7/26/93 Avnet Computer Scanner 1,513.50 35.50 1,478.00
7/27/93 Xxxxxx Scientific Circulator 1,709.33 21.83 1,687.50
7/29/93 Micro Video High Resolution Coup 569.85 4.60 565.25
8/5/93 Phoenix Sliding Microtome 3,800.00 3,800.00
8/31/93 Omega #001423 Function Recorder 1,586.90 11.90 1,575.00
8/31/93 VWR #001511 Balance 2,695.00 2,695.00
9/30/93 VWR Alarm System 5,722.04 200.00 5,522.04
Date of
Purchase Serial No Model No
----------------------------------------------------
6/7/93 VC-600
6/7/93 04 977 13KM
6/29/93
7/6/93
7/6/93
7/13/93 FR8888
6/8/93
6/23/93 WT4000DE-0N
6/18/93 TS049301
FD049302
VP049305
6/18/93 S25C-140156-TC
7/6/93 G-07522-00
7/6/93 67094D715
7/6/93 VCX-600
7/9/93
6/30/93 14 831 45
6/18/93 14 831 45
6/22/93 D 115/60
6/23/93 2847T91
7/13/93 VC-680
7/16/93 NEC4FG
7/16/93 OSC-7 117V
6/23/93
7/22/93 FARL-202965
7/23/93 WAT007727
7/23/93
7/23/93 S17800/A12
7/26/93 CG01000
7/27/93 00 000 00X
7/29/93 M21HRP100-NIK
8/5/93
8/31/93 CT485RS / RD-2010
8/31/93 11275-466
9/30/93 55768-252
20
Exhibit A
1994 Loan Collateral
Equipment List Cumulative
Date of Total
Purchase Company Description Invoice Freight Sales Tax Net
--------------------------------------------------------------------------------------------------------------------------------
9/30/93 Xxxxxxx Lyoflex 08 F/D 167,007.00 167,007.00
8/26/93 Infotech Mac Centris 610 1,583.15 26.00 74.15 1,483.00
8/30/93 Data Comm Ethernet Converter 1,105.65 52.65 1,053.00
8/30/93 Digital DEC pc 2,637.62 8.67 129.95 2,499.00
8/30/93 Mac Warehouse Table 736.95 3.00 34.95 699.00
9/3/93 Xxxxxx Micro Osmette 3,379.60 29.50 3,350.10
9/10/93 Jouan Centrifuge 5,897.48 97.48 5,800.00
TOTAL 1,020,991.64 8,743.17 12,163.95 1,000,084.52
Date of
Purchase Serial No Model No
-------------------------------------------------
9/30/93 Z186700
8/26/93 S13233L7EO4
8/30/93
8/30/93 FR-PCP34
8/30/93 INPO272
9/3/93 12 827 7
9/10/93 49308027
21
Exhibit A
1994 Loan Collateral
ALKERMES/ACTI FIXED ASSET LIST
Date of Total
Purchase Company Description Ref # Invoice
-----------------------------------------------------------------------------------------------------------------
ALKERMES EQUIPMENT
9/27/93 Amicon X00 Xxxxxxxxxx & headerkit 122267 1,945.23
10/5/93 Amicon DC10 pump and reservoir 122506 8,959.36
10/13/93 Applied Biosystems Protein sequencer 122510 85,725.00
11/11/93 Avnet Fujitsu Scan partner 10 123807 1,597.36
12/17/93 Avnet Fujitsu scan partner 10 124548 1,597.36
10/8/93 Best Power Tech Uninterruptible power system 122866 3,067.72
12/14/93 Boston Ship Refrigerator 124127 455.00
10/8/94 Boston Ship Service Refrigerator / freezer 121971 1,376.55
10/25/93 Boston Ship Service Freezer 122364 427.00
3/1/94 Braintree Scientific Rodent Guillotine 126536 1,431.18
3/22/94 CDW Computer Centers MAG Innovision 127195 943.22
3/29/94 CDW Computer Centers Western Dig Caviar 127206 285.28
1/10/94 CDW Computer Centre 21" colour monitor 125288 2,289.14
2/1/94 CDW Computer Centres Toshiba laptop 125876 2,447.59
10/6/93 Comport Consulting XXXXX Xxxx XX 000000 3,161.03
9/24/93 Comport Consulting 15" Colour monitor 122541 531.30
1/5/94 Comtronics Motorola Radius Portable Hand 124794 1,316.50
9/7/93 Costar Corp Cellcube oxygenator, pump, controller 122974 25,929.00
9/30/93 Costar Corporation Cart 122544 6,780.00
10/20/93 Costar Corporation Cellcube 122773 2,695.27
10/18/93 Costar Corporation Cellcube 123276 765.00
10/25/93 Costar Corporation CellCube module 123232 3,084.48
9/29/93 Xxxxxxx Tech Centre Optical bench, micro volume system 122251 64,650.43
3/11/94 Data Comm Warehouse Universal Print Server 127204 699.00
11/8/93 Dell USA Dell kit performance 123411 842.65
10/29/93 Dell USA Dimension 466v/XPS medium x 2 123656 7,280.70
1/18/94 Dell USA Dell 466/L base 125620 3,332.03
10/28/93 Diatome US Diatome knife 123264 2,400.00
9/22/93 Xxxx Engineering Corp Scotsman Ice Flaker 121551 1,825.00
12/8/93 First Source International 16 MB memory kit 124488 808.00
1/31/94 First Source International Memory for toshiba laptop 125633 246.95
11/17/93 Xxxxxx Scientific Histoslide microtome 123789 5,535.00
10/19/93 Xxxxxx Scientific Xxxxxxx Balance 122778 2,865.00
12/15/93 Xxxxxx Scientific Micro Centrifuge 13k/m 124449 1,398.90
2/8/94 Xxxxxx Scientific Xxxxx Xxxxxxxxxx 000000 2,077.71
2/2/94 Xxxxxx Scientific Circ Digital 125905 1,405.00
3/24/94 Xxxxxx Scientific Centrifuge 10KBR 127296 4,576.56
10/31/93 Xxxxx Quart kettle 123777 2,465.00
2/22/94 Harvard Apparatus, Inc. Homeothermic blanket system 126168 2,589.66
3/15/94 Hewlett Packard Amino acid analyser unit 126734 63,501.70
9/10/93 Infotech CD300 CD ROM 121610 817.40
9/9/93 Infotech NEC 3FGE 15" monitor x 8 121806 5,414.60
9/23/93 Infotech Mac Centris CPU x 2 122209 3,171.20
9/27/93 Infotech Enet retiming module 122230 569.95
Date of
Purchase Freight Sales Tax Net Serial#
-----------------------------------------------------------
9/27/93 3.23 0.00 1,942.00
10/5/93 39.36 0.00 8,920.00
10/13/93 445.00 0.00 85,280.00 9208121J
11/11/93 26.11 0.00 1,571.25 3050070
12/17/93 26.11 0.00 1,571.25 N/A
10/8/93 237.97 134.75 2,695.00
12/14/93 0.00 0.00 455.00
10/8/94 0.00 65.55 1,311.00
10/25/93 0.00 0.00 427.00
3/1/94 11.18 0.00 1,420.00
3/22/94 21.22 0.00 922.00 MH1334009299U
3/29/94 22.28 0.00 263.00
1/10/94 64.19 105.95 2,119.00 26897083
2/1/94 33.64 114.95 2,299.00 12338401
10/6/93 22.25 150.53 2,988.25
9/24/93 41.00 25.30 465.00
1/5/94 25.00 61.50 1,230.00
9/7/93 0.00 0.00 25,929.00
9/30/93 30.00 0.00 6,750.00
10/20/93 27.77 0.00 2,667.50
10/18/93 0.00 0.00 765.00
10/25/93 24.48 0.00 3,060.00
9/29/93 170.43 0.00 64,480.00
3/11/94 0.00 0.00 699.00
11/8/93 5.00 39.89 797.76
10/29/93 150.00 346.70 6,784.00
1/18/94 75.00 156.29 3,100.74
10/28/93 0.00 0.00 2,400.00 MS6966
9/22/93 0.00 0.00 1,825.00
12/8/93 9.00 0.00 799.00
1/31/94 6.50 11.45 229.00
11/17/93 0.00 0.00 5,535.00
10/19/93 0.00 0.00 2,865.00
12/15/93 0.00 0.00 1,398.90
2/8/94 0.00 0.00 2,077.71
2/2/94 0.00 0.00 1,405.00
3/24/94 0.00 0.00 4,576.56
10/31/93 50.00 0.00 2,415.00
2/22/94 9.66 0.00 2,580.00
3/15/94 0.00 0.00 63,501.70
9/10/93 11.00 38.40 768.00
9/9/93 47.00 255.60 5,112.00
9/23/93 17.00 150.20 3,004.00 XB3375VHCN7
9/27/93 4.00 26.95 539.00
22
Exhibit A
1994 Loan Collateral
ALKERMES/ACTI FIXED ASSET LIST
Date of Total
Purchase Company Description Ref # Invoice
-----------------------------------------------------------------------------------------------------------------
9/29/93 Infotech Powerbook 180c w/modem 122259 4,104.45
9/23/93 Infotech Mac Centris CPU x 2 122391 3,171.20
9/9/93 Infotech Laserwriter control board x 2 121814 1,793.40
11/16/93 Infotech Mac Quadra HD x 2 123813 4,746.05
11/19/93 Infotech Powerbook 180c w/modem 123831 2,807.80
11/29/93 Infotech Laserwriter sheet feeder 123914 422.20
11/15/93 Infotech Laserwriter envel. feeder 123915 349.10
11/16/93 Infotech MacQuadra HD x 6 123940 11,725.00
11/17/93 Infotech Laser pro 000 x/xxxxx xx 000000 2,067.65
12/27/93 Infotech NEC 3FGE 15" monitor x 2 124799 1,357.90
1/6/94 Infotech HP laserjet mx printer 125229 4,876.20
1/11/94 Infotech MacQuadra HP x 5 125254 9,643.35
1/11/94 Infotech Duplex option LJIIISI 125317 1,716.45
1/27/94 Infotech HP Laserjet printer 125642 4,802.20
1/27/94 Infotech NEC monitor x 5 125643 3,388.75
2/22/94 Infotech Farallon transceiver x 2 126195 2,128.70
3/2/94 Infotech Etjerware PB Adaptor 126531 1,679.50
3/24/94 Infotech Power MAC/Apple Extended Keyboard 126968 1,924.80
9/23/93 ISCO Inc L C System 125 122257 5,884.20
1/14/94 Xxxx Instruments Micro injection unit 125135 2,200.80
10/15/93 Xxxxxx Scientific Corp Large Boomstand/Base/Ojb chair 123278 2,584.35
10/14/93 Xxxxxx Scientific Corp Near coax vert illum / DB & acces. 123277 2,058.05
2/11/94 Lab Craft Corporation HPLC cart, modified 125751 1,580.15
12/3/93 MacWarehouse 4 xxx xxxxx poweruser 124202 541.40
11/15/93 MacWarehouse CD-Rom Upgrade 123893 208.95
2/2/94 MacWarehouse Diskdrive, transl, & recharging system 125816 1,450.85
3/1/94 Mac Warehouse Supra Fax Modem 126528 568.90
2/16/94 Millipore Corporation Lamp for 000 xxxxxxxxxxxx xxxxxxxx 000000 1,318.00
12/22/93 Millipore Corporation Lamp for 000 xxxxxxxxxxxx xxxxxxxx 000000 1,318.00
12/29/93 Millipore Corporation 2020 server A/O, VMS/PW & acces. 124775 71,226.08
3/2/94 Millipore Corporation Custom 2020 vms/pv server 127523 32,900.00
3/21/94 Millipore Corporation 470 Lamp ASSY Ref 127424 1,384.00
9/13/93 Network Resource Corp Hub1 + 24-port w/BNC 121800 3,449.60
12/31/93 P C Connection HP Laserjet printer 124613 2,182.54
2/2/94 P C Connection Farallon etherware PC 125807 203.95
9/30/93 Perspective Biosystems Biocad work Station/HP Deskjet 123127 69,500.00
3/6/94 San Xxxx National Bank HUB 10-Base/Localtalk/Patch Panel 126881 4,490.35
3/10/94 Security Photo Corp Single Punch Die Cutter/Laminator... 126905 2,060.10
11/11/93 Select Sales AST Bravo / WYSE monitor 123836 547.88
3/2/94 Shiva Corporation Landrover for Apple Remote 126703 2,632.95
3/7/94 Staples IBM Wheelwriter 126642 524.99
9/21/93 Xxxxxxxxx Co Stereotaxic instrument 122042 2,426.76
1/20/94 Xxxxxxxxx Co MacLab/8 system 125634 8,931.00
1/27/94 Xxxxxxxxx Co Pressure transducer 125635 2,261.54
11/19/93 Technology Works SIMM, 1Mx32 & 2Mx32 123862 2,919.00
Date of
Purchase Freight Sales Tax Net Serial#
-----------------------------------------------------------
9/29/93 50.00 195.45 3,859.00 FC321NFN797
9/23/93 17.00 150.20 3,004.00 XB337SWCKCN7
9/9/93 190.00 85.40 1,518.00
11/16/93 20.00 225.05 4,501.00 FC#450J51CH
11/19/93 69.00 132.80 2,606.00 FC320P75797
11/29/93 19.00 19.20 384.00 FC320P75797
11/15/93 11.00 16.10 322.00 FC320P75797
11/16/93 70.00 555.00 11,100.00 FC3450H01CH
11/17/93 17.00 97.65 1,953.00 F132711L108
12/27/93 16.00 63.90 1,278.00
1/6/94 84.00 228.20 4,564.00
1/11/94 60.00 456.35 9,127.00 FC3501PN1CH
1/11/94 27.00 80.45 1,609.00
1/27/94 10.00 228.20 4,564.00
1/27/94 34.00 159.75 3,195.00
2/22/94 14.00 100.70 2,014.00
3/2/94 10.00 79.50 1,590.00
3/24/94 18.00 90.80 1,816.00 M2196LL/AA
9/23/93 0.00 280.20 5,604.00
1/14/94 12.80 0.00 2,188.00
10/15/93 26.00 0.00 2,558.35
10/14/93 26.00 0.00 2,032.05
2/11/94 87.50 0.00 1,492.65
12/3/93 3.00 29.40 509.00
11/15/93 0.00 9.95 199.00
2/2/94 3.00 68.95 1,378.90
3/1/94 0.00 0.00 568.90
2/16/94 5.00 0.00 1,313.00
12/22/93 5.00 0.00 1,313.00
12/29/93 46.08 0.00 71,180.00
3/2/94 0.00 0.00 32,900.00
3/21/94 5.00 0.00 1,379.00
9/13/93 35.00 162.60 3,252.00 44-05247290
12/31/93 5.00 103.69 2,073.85
2/2/94 5.00 0.00 198.95
9/30/93 0.00 0.00 69,500.00
3/6/94 31.00 212.35 4,247.00
3/10/94 87.00 98.10 1,875.00
11/11/93 12.38 25.50 510.00
3/2/94 9.00 124.95 2,499.00 LE110561
3/7/94 0.00 25.00 499.99
9/21/93 31.76 0.00 2,395.00
1/20/94 51.00 0.00 8,880.00
1/27/94 11.54 0.00 2,250.00
11/19/93 0.00 139.00 2,780.00
23
Exhibit A
1994 Loan Collateral
ALKERMES/ACTI FIXED ASSET LIST
Date of Total
Purchase Company Description Ref # Invoice
-----------------------------------------------------------------------------------------------------------------
ALKERMES EQUIPMENT
9/30/93 USA Flex CD-ROM Bare Drive 122207 593.95
9/20/93 VWR Electronic Microbalance 122016 6,950.00
2/17/94 VWR Scientific Filtration xxxx - xxxxxx xxxxx 000000 1,274.72
2/24/94 VWR Scientific Gravity feed - liquid nitro. vacuum pump 126398 1,108.82
FY 1995:
6/22/94 XX Xxxx Inlet/Outlet Adapter 131877 180.62
6/10/94 XX Xxxx Fluotec Xxxx III Vaporizer 131878 4,135.14
8/26/94 Xxxxxxx Ultracentrifuge 60HZ 131956 38,476.50
8/10/94 Business Interiors Lateral File 4 Shelf 131027 791.62
5/17/94 CDW Computer Centers Mag Innovision 128916 943.22
6/3/94 Comport Consulting Gp Seagate disk drive w/bkts 129620 1,653.75
4/12/94 CompUSA Compact lte lite/25 127562 2,003.50
4/21/94 Computerland HP Jet store 5000 128232 1,636.36
7/15/94 Dell Computer 16MB. RAM 130577 799.00
7/19/94 Dell Computer SIMM,8MB. RAM 130614 1,206.00
7/26/94 Dell Computer 16MB. RAM 130616 807.00
10/12/94 Dell Direct Sales Dell 590/XL Base w/256K 133272 2,793.70
3/29/94 Dell USA Dell 466/L Base 129190 2,124.30
11/28/94 Digital Equipment Celebris FP 590 System 134359 3,924.55
4/13/94 Digitial Dec PC plus acces 129192 1,717.40
4/25/94 X X Xxxxxx Sorvall Centrifuge 128022 15,000.00
5/16/94 F&P Engineering Corp Air system equipment 128652 5,828.00
8/9/94 Xxxxxx Scientific Xxxxxxx Analytical Balance AE100 131349 1,822.84
8/29/94 Xxxxxx Scientific Leica BA 120 Microscope 131834 1,040.00
10/21/94 Xxxxxx Scientific AE 100 Balance 133461 1,820.00
11/11/94 Xxxxxx Scientific 115V EL Balance 134034 4,265.00
4/29/94 Xxxxxx Xxxxxxx computer purchase 127675 767.55
5/3/94 Xxxxxx Xxxxxxx computer purchase 127675 3,070.20
5/20/94 Xxxxxx Xxxxxxx computer purchase 127675 5,433.75
4/26/94 Xxxxxx Xxxxxxx computer purchase 127675 11,733.75
5/13/94 Xxxxxx Xxxxxxx computer purchase 127675 18,945.15
5/24/94 Xxxxxx Xxxxxxx computer credit 127675 -5,250.00
5/23/94 Xxxxxx Xxxxxxx computer credit 128785 -5,250.00
4/15/94 Hewlett Packard Single instrumt 2D chemstation + acces 129193 11,014.00
11/15/94 Hewlett Packard 1090 HPLC Sys. 134173 3,833.00
9/26/94 IKA-Works, Inc. Flow Chamber 132711 2,284.36
10/21/94 Imaging Research MCID Turnkey System 133637 21,825.00
6/10/94 Infotech Multiscan 17" display 129343 1,015.55
6/9/94 Infotech Powerbook 540 etc. 129344 7,265.00
6/10/94 Infotech pwrbk w/modem etc 129626 1,011.50
6/15/94 Infotech pwrbk w/modem etc 129381 2,977.00
6/13/94 Infotech Laser jet M Plus 129559 2,172.25
6/21/94 Infotech HP Paper Tray Sheet 129839 269.05
7/12/94 Infotech Powerbook Duo DOC II 130332 3,596.80
7/31/94 Infotech MAC Color Classic 4/80 129889 701.80
Date of
Purchase Freight Sales Tax Net Serial#
---------------------------------------------------------
9/30/93 14.95 0.00 579.00 3660C17599
9/20/93 0.00 0.00 6,950.00 30
2/17/94 0.00 0.00 1,274.72
2/24/94 0.00 0.00 1,108.82
FY 1995:
6/22/94
6/10/94 8.60 172.02
8/26/94 0.00 207.19 3,927.95
8/10/94 0.00 38,476.50 L7Y94K08
5/17/94 0.00 37.70 753.92
6/3/94 21.22 922.00 14382
4/12/94 78.75 1,575.00 ST12400N
4/21/94 17.00 126.50 1,860.00
7/15/94 30.62 77.92 1,527.82
7/19/94 799.00
7/26/94 8.00 1,198.00
10/12/94 8.00 799.00
3/29/94 2,793.70
11/28/94 2,124.30
4/13/94 70.00 183.55 3,671.00
4/25/94 50.00 79.40 1,588.00 94049933B-A
5/16/94 15,000.00 9301487
8/9/94 5,828.00
8/29/94 1,822.84
10/21/94 1,040.00
11/11/94 1,820.00
4/29/94 4,265.00
5/3/94 0.00 36.55 731.00
5/20/94 0.00 146.20 2,924.00
4/26/94 0.00 258.75 5,175.00
5/13/94 0.00 558.75 11,175.00
5/24/94 0.00 902.15 18,043.00
5/23/94 -250.00 -5,000.00
4/15/94 -250.00 -5,000.00
11/15/94 11,014.00 49120
9/26/94 800.00 3,033.00
10/21/94 10.36 2,274.00
6/10/94 162.00 21,663.00 AOO165272
6/9/94 17.00 47.55 951.00 S14181CP1XX
6/10/94 33.00 7,232.00 M3120LL/A
6/15/94 14.00 47.50 950.00 M312OLL/A
6/13/94 17.00 2,960.00 M27098LL/A
6/21/94 25.00 102.25 2,045.00 JPFG004483
7/12/94 16.00 12.05 241.00
7/31/94 31.00 169.80 3,396.00
13.00 32.80 656.00 M1602LL/A
24
Exhibit A
1994 Loan Collateral
ALKERMES/ACTI FIXED ASSET LIST
Date of Total
Purchase Company Description Ref # Invoice
-----------------------------------------------------------------------------------------------------------------
ALKERMES EQUIPMENT
7/28/94 Infotech Multi Scan 17" Display 131376 1,014.55
9/2/94 Infotech Powerbook 540 12/240 w/modem 132531 3,510.00
10/18/94 Infotech Seagate 4.2GB SCSI 2 HD DR. 133232 2,824.25
11/11/94 InfoTech MAC IISI NU BUS Adapter 134044 153.65
11/17/94 Infotech Multiscan 17" 134169 1,019.55
7/20/94 IKA Works Revolution Counter,115V 130336 2,698.06
00/0/00 Xxxxxxx & Xxxxxxx Xxxxxxx Xxxxxxxx Xxxxxxx 000000 3,151.00
9/20/94 Xxxxxx Scientific Cryocut 3000 132689 30,170.00
9/28/94 Lechmere Lab Refrigerator 132970 955.48
6/23/94 XxXxxxxx-Xxxx Portable dehumidifier 129966 2,034.62
8/10/94 Millipore Corporation Lamp 131107 1,379.00
8/4/94 Millipore Corporation 470 Lamp 131643 1,384.00
7/27/94 Millipore Corporation Trade in Credit 131723 -500.00
5/5/94 Millipore Corporation Trade in Credit 129120 -500.00
6/17/94 Millipore Corporation Fluorometer 16ul cell 129471 9,007.16
6/30/94 Millipore Corporation Credit for traded-in equipment 130160 -21,000.00
5/23/94 Millipore Corporation Lamp Assy 128448 1,384.00
8/17/94 Xxxxxx Xxx PS Bucket 131590 2,477.48
11/11/94 NESLAB Instruments, Inc. Cryotrol, 115V. 134033 1,427.00
00/0/00 Xxx Xxxxxxx Xxxxxxx Xxxxxxx Xxxxxxx 000000 2,483.50
6/17/94 New Wave Technologies M/F Ext 4MB 129486 3,163.03
4/21/94 Xxxxxxxxx-Xxxxxx 16 QT x-flow blendmaster 127974 8,894.13
6/30/94 Perseptive RPM Upgrade kit 130145 6,550.00
3/31/94 Perseptive POROS 50 A 300ml bulk pack 128002 7,505.00
11/28/94 Precision Systems, Inc. Extraction Tank,Cooling Tank 134457 2,452.60
5/24/94 Select Sales Card image accel for HP printer 129005 2,145.68
7/31/94 Vanstar Corporation Prolinea MT 4/66 8MB RAM 130561 4,016.57
5/11/94 VWR Scientific Titrator Electrode 128491 1,013.46
10/24/94 Waters Corp 717 Heater/Cooler Option 133539 3,575.00
00/0/00 Xxxxxx Xxxxxxxxxxx 000 Xxxx Xxxxxxxxxxx 133961 9,507.16
----------
SUBTOTAL ALKERMES EQUIPMENT 909,548.73
----------
ACTI EQUIPMENT
FY 1994:
3/25/94 Bio-Rad Laboratories Plate Washer 2686 5,260.00
1/10/94 Xxxx Xxxxxx Instr Co Rotatest shaker 2301 2,013.17
3/25/94 Eastern Bakers Supply Co Dough mixer w/ss bowl 2693 2,715.00
9/13/93 Millipore Corp Tunable detector W/IEEE 1648 7,556.27
3/24/93 Omni International Homogenizer 760 2,575.00
10/21/93 Silverson Machines Mixer with digital tacometer 1826 2,398.98
FY 1995:
3/28/94 Xxxx Xxxxxx 2654 1,017.67
8/11/94 Xxxxxx Interchangeable Drum 16MM 3135 285.00
8/9/94 Xxxxxx Tissue Culture Roller Drum 3136 1,055.00
11/8/94 Pacific Venture Equipment Lease 8142 133989 13,206.00
----------
SUBTOTAL ACTI EQUIPMENT 38,082.09
----------
TOTAL EQUIPMENT 947,630.82
==========
Date of
Purchase Freight Sales Tax Net Serial#
----------------------------------------------------------------
7/28/94 16.00 47.55 951.00 S14270231XX
9/2/94 19.00 3,491.00 FC4348T72S7
10/18/94 26.00 133.25 2,665.00
11/11/94 14.00 6.65 133.00
11/17/94 21.00 47.55 951.00 S14390UKIXX
7/20/94 12.06 2,686.00
11/7/94 26.00 3,125.00
9/20/94 220.00 29,950.00
9/28/94 45.50 909.98
6/23/94 39.00 1,995.62
8/10/94 1,379.00
8/4/94 5.00 1,379.00
7/27/94 -500.00
5/5/94 -500.00
6/17/94 7.16 9,000.00
6/30/94 -21,000.00 MX3MM3822M
5/23/94 5.00 1,379.00
8/17/94 117.98 2,359.50
11/11/94 47.00 1,380.00
10/4/94 19.50 2,464.00
6/17/94 11.03 3,152.00
4/21/94 423.53 8,470.60
6/30/94 0.00 0.00 6,550.00
3/31/94 5.00 7,500.00
11/28/94 2,452.60
5/24/94 11.68 2,134.00
7/31/94 35.78 192.46 3,788.33
5/11/94 1,013.46
10/24/94 5.00 3,570.00
11/8/94 7.16 9,500.00
------------------------------------
4,799.96 9,556.83 895,191.94
------------------------------------
ACTI EQUIPMENT
FY 1994:
3/25/94 17.00 0.00 5,243.00
1/10/94 18.17 0.00 1,995.00
3/25/94 0.00 0.00 2,715.00
9/13/93 6.27 0.00 7,550.00
3/24/93 0.00 0.00 2,575.00
10/21/93 13.98 0.00 2,385.00 10649/L4R-T
FY 1995:
3/28/94 8.67 0.00 1,009.00
8/11/94 0.00 0.00 285.00
8/9/94 0.00 0.00 1,055.00
11/8/94 0.00 0.00 13,206.00
------------------------------------
64.09 0.00 38,018.00
------------------------------------
4,864.05 9,556.83 933,209.94
====================================
25
ALKERMES/ACTI FIXED ASSET LIST Exhibit A
1994 Loan Collateral
Date of Total
Purchase Company Description Ref # Invoice
-----------------------------------------------------------------------------------------------------------------
ALKERMES EQUIPMENT
ALKERMES F&F
FY 1994:
12/30/93 Business Interiors Guest chairs x 4 124812 863.94
12/17/93 Business Interiors Office furniture - various 124813 5,255.26
1/5/94 Business Interiors Keyboard trays/Lateral Files 125168 788.72
1/31/94 Business Interiors Keyboard tray 125366 71.25
1/31/94 Business Interiors File cabinet 125659 323.11
1/12/94 Business Interiors Hon Desk Chair 125676 321.42
2/23/94 Business Interiors Table/Desk/File Cabinet 126205 878.34
2/14/94 Business Interiors Hon Guest Chair 126455 215.99
3/3/94 Business Interiors Desk, table 126987 1,573.85
FY 1995:
4/15/94 Corp Furnish & Design 5 drawer lateral file 127911 686.89
5/31/94 Corp Furnish & Design Triton Stool/Task Chair 129392 2,083.20
7/31/94 Corp Furnish & Design Double Door Veneer Cabinet 130871 922.95
9/30/94 Corp Furnish & Design Anthro 2 Posture Task Chair 132415 507.15
9/30/94 Corp Furnish & Design Letter File w/lock 132816 215.88
9/30/94 Corp Furnish & Design Ergonomic Task Chair 132817 689.85
10/7/94 Corp Furnish & Design 30" Wide Lateral File 133261 1,688.40
----------
SUBTOTAL ALKERMES F&F 17,086.20
----------
GRAND TOTAL F/A 964,717.02
==========
Date of
Purchase Freight Sales Tax Net Serial#
-------------------------------------------------------------
ALKERMES EQUIPMENT
ALKERMES F&F
FY 1994:
12/30/93 0.00 41.14 822.80
12/17/93 0.00 250.25 5,005.01
1/5/94 0.00 37.56 751.16
1/31/94 0.00 3.39 67.86
1/31/94 0.00 15.39 307.72
1/12/94 0.00 15.31 306.11
2/23/94 0.00 41.83 836.51
2/14/94 0.00 10.29 205.70
3/3/94 0.00 74.95 1,498.90
FY 1995:
4/15/94 0.00 32.71 654.18
5/31/94 0.00 99.20 1,984.00
7/31/94 0.00 43.95 879.00
9/30/94 0.00 24.15 483.00
9/30/94 0.00 10.28 205.60
9/30/94 0.00 32.85 657.00
10/7/94 0.00 80.40 1,608.00
------------------------------------
0.00 813.65 16,272.55
------------------------------------
4,864.05 10,370.48 949,482.49
====================================
26
Exhibit A
SUPPLEMENTAL EQUIPMENT LIST 1994 Loan Collateral
ALKERMES/ACTI FIXED ASSET LIST
Date of Total
Purchase Company Description Ref # Invoice Freight Sales Tax Net
-----------------------------------------------------------------------------------------------------------------------
Alkermes F&F
12/20/94 CIBA Corning S/A M238 B/G W/Cal Gas 9,536.20 86.20 450.00 9,000.00
12/27/94 Crimson Tech Polaroid Slidemaker 1,595.00 0.00 0.00 1,595.00
1/13/95 Xxxxxx Scientific Maxima vacuum pump model D8C 1,480.00 0.00 0.00 1,480.00
12/22/94 Harvard Apparatus SS Cage Rack 2,068.60 43.60 0.00 2,025.00
12/12/94 Infotech Powerbook 6,082.70 41.00 287.70 5,754.00
12/30/94 Xxxx Instruments, Inc. Validator Mainframe 24,343.00 0.00 0.00 24,343.00
1/17/95 Xxxxxxx Associates Xxxxxx 8.30 H Mini-Lab 4,816.66 0.00 0.00 4,816.66
12/8/94 Terra Universal, Inc. Work Station 1,562.00 0.00 0.00 1,562.00
--------------------------------------------
51,484.16 170.80 737.70 50,575.66
--------------------------------------------
27
EQUIPMENT LIST EXHIBIT A
DATE OF 1994 LOAN COLLATERAL
PURCHASE COMPANY DESCRIPTION AMOUNT SERIAL # MODEL #
-------------------------------------------------------------------------------------------------------------
2/25/88 Atlantic Nuclear Xxxxxx Counter 1,190.00
4/12/88 Xxxxxx Power Computer 2,312.30
4/29/88 Xxxx Xxxxxx 2,283.00
Frig. Freezer 70BL3481 UF21D
Frig. Freezer 915B CSX22G
Microwave 8708054650 RS458P
Microwave FG72224092 MW1500XS-O
Frig. 87300424 2001AOU
5/3/88 N.E. Scientific Elec. Pwr. Sply 2,696.00 000-000-000 102
5/19/88 Xxxxxx 5,235.00
CO2 Incubator 887229536AR 5300
Oven 526G
5/24/88 ISCO Cygnet 895.00 15870 Cygnet
5/24/88 DuPont Microspin 1,116.00 20093 24
5/25/88 NECS Mita Copier 4,277.70 36040891 DC-2055
6/14/88 Puffer Xxxxxxx Freezer 11,322.50 RX6224-1E IUF8520002
6/14/88 Rainin Pipettes 3,313.01 E14782A P-1000, 200, 20
6/14/88 Xxxxx Hood 4,314.32 SL32365 SG400
6/16/88 Wesco Regulator 700.00 885001 402-1331
6/17/88 Xxxxxxx 26,745.00
Scin. Counter 701375 LS1701
Spectrophoto. 4291534 DU65
6/21/88 New Brunswick Incubator 14,042.78 781105730 G-25
6/24/88 PSI Furniture 27,837.39
6/24/88 Xxxxxx Hot Plates 17,943.71 O103
Centrifuge 200157
Microcentrifuge 12195 54122-362801
Incubator 181 626
Freezer Dryer 178728 77510
Vortex Genies 2-151680 G-560
Orion pH Met. 64992 611
H20 Baths 27AW-1 182
Vac. Pumps 122298 1402B-01
Xxxxxxx Xxx. 675627,G37728 PM2000, AE100
Xxxxx Xxxxxxx 00000 XXX
X00 Xxxx 27AW-12 185
6/24/88 JMI N2 Container 1,050.75 ATA88D182 XC47/11
7/13/88 AMSCO Installation 1,410.00
7/13/88 Applied Biosys. DNA Synthesiz. 26,442.25 803546 381A
7/13/88 Beckman Centrifuge 26,881.00 5266, 65 J2-21
7/13/88 Beckman Ultracen. Rotor 7,250.00 4241 SW28
7/13/88 DuPont Microspin 1,348.00 20071 24S
7/13/88 Pharmacia FPLC 19,969.95
7/13/88 Beckman Ultracentrifuge 29,112.97 55D836 L755
7/28/88 Beckman Gamma Counter 37,560.90 8012027 5500B
7/28/88 Xxxxxx CO2 Incubator 4,803.00 288M068228A 5300
7/28/88 JMI N2 Container 4,665.00 DGA88D108 XLC440
7/28/88 NECS Fax Machine 2,105.00 1040439 F-30
7/28/88 NE Cryogenics CO2 1,382.00 231N122258
8/12/88 Xxxxx Hood 4,314.32 SL32914V SG400
28
EQUIPMENT LIST EXHIBIT A
DATE OF 1994 LOAN COLLATERAL
PURCHASE COMPANY DESCRIPTION AMOUNT SERIAL # MODEL #
-------------------------------------------------------------------------------------------------------------
8/12/88 PSI Furniture 2,074.40
9/8/88 Xxxxxxx Bucket Set 4,190.00
9/8/88 Compuadd Computer 3,248.00 88063199
9/8/88 Donsanto Microscope 11,192.22
9/8/88 DuPont Centrifuge 6,871.46 8802000
9/22/88 Pharmacia P3 Pump 1,347.30
9/22/88 PSI Furniture 1,377.79
10/18/88 Xxxxxx Xxxx. Cryostat 7,633.48 24880062
10/18/88 Flow Labs Multiskan 10,000.00
10/18/88 Xxxxxx Micro. Collect. 1,295.00 128H8348
10/25/88 Boston Ship Frig. Freezer 455.00 UF2D
11/1/88 PSI Furniture 1,415.93
11/1/88 Donsanto Microscope 15,494.24
11/1/88 Xxxxx Hood 4,471.00 SL-33600V SG-400
11/21/88 Xxxxx Hood 4,471.02 SL-33593V SG-400
11/21/88 Xxxxxx Circular Bath 1,155.60 882370 900
12/8/88 Dictronics Dictaphone 450.00 83103509 TRC5200
12/8/88 PSI Chairs 226.65
12/8/88 Pharmacia Mul. Elec. Unit 3,301.50
1/6/89 Isco, Inc. UA-5 Recorder 3,690.00 660940760
1/10/89 Tech Computer Mac Computers 10,006.00 F851D6W SE HD20
1/25/89 Pharmacia P-3 Pump 1,347.71 116990
2/14/89 Xxxxxxx Rack System 2,643.27 7031375 LS1701
2/14/89 Emdie Tail Flick Apparatus 2,095.00 TF-6
3/3/89 Donsanto Diaphot Attachments 3,143.64
3/14/89 Forest City Conference Table 1,150.00
3/23/89 Tech Computers Mac Computer 5,784.45 F909R3 SE 30/80
3/27/89 Am. Instrument Centrifuge 2,500.00 TJ6R
3/27/89 Bellco Glass Rocker Platform 537.15 SBRB5720
3/27/89 Hewlett Packard HP Autosampler 7,332.00 2813G00292 HP 1050
3/28/89 PSI Chairs 1,533.00
3/29/89 Xxxxxxx Cell Unit 910.00
4/25/89 Am. Instrument Microscope 1,700.00 CK1
4/25/89 AT&T Phones 1,420.00
4/25/89 AT&T Phones 347.30
4/25/89 Xxxxx Company Cageguard 5,995.00 CG-125
4/25/89 Xxxxxx Scientific Vacuum Pump 784.00
4/25/89 Xxxxxx Medical Microfractionator 1,295.00 128A9047 FC80K
4/26/89 NECS Sorter & Cabinet 1,295.00 36040891 MT10232544
4/26/89 NE Cryogenics CO2 Tank 620.00
4/26/89 Xxxxxxxxx Halothane Scavenger 1,281.52 1825TC
4/26/89 Tech Computer Mac SE HD20 3,910.50 F911AF8
4/26/89 University Stationery Overhead Projector 414.92
4/26/89 Equitech Leasing 640.00
0/0/00 Xxxxxxx Xxxxxxx Fax Machine 1,298.00
5/11/89 Xxxxxx Scientific Water Bath 706.58
5/18/89 Tech Computers Mac SE 3,603.00
5/30/89 PSI Corporate Chairs 3,103.00
6/12/89 Tech Computers Mac SE 3,240.00
6/16/89 VWR Scientific Mechanical Installation 7,200.00
6/16/89 PSI Corporate Chairs 452.00
7/21/89 Omni Int'l Omni Mixer 2,633.00
8/10/89 Xxxx Xxxxxxx Mac SE 1,850.00
8/10/89 Xxxxxxx Mac SE 1,850.00
29
EQUIPMENT LIST EXHIBIT A
DATE OF 1994 LOAN COLLATERAL
8/22/89 Hewlett Packard HPLC System 3,850.00
8/28/90 Xxxxxxxx & Xxxxxxx Sofa, Chairs 1,719.67
8/29/89 PSI Corporate File Cabinets 668.20
8/29/89 Xxxxxx Scientific Vacuum Pumps 977.29
9/15/89 Cryomed CMR-3500 1,790.00
9/18/89 Boston Ship Refrigerator 565.95
9/20/89 Hewlett Packard HPLC System 34,430.00
10/2/89 Hewlett Packard HPLC System 11,232.00
10/2/89 VWR Scientific Pump, Cabinet 1,864.12
10/4/89 Harvard NMR Spectrometer 12,000.00
10/10/89 J&S Medical Semi-Auto Analyzer 1,250.00
10/13/89 Xxxxxx Scientific Vacuum Pumps 1,279.20
11/2/89 J&S Medical Semi-Auto Analyzer 1,250.00
11/3/89 PSI Corporate Chairs, File Cabinets 1,888.00
11/9/89 Tech Computer Ultradrive 699.00
11/16/89 Xxxxxxxxx Office Office Furniture 250.00
11/22/89 Xxxxxxxxx Office Office Furniture 686.70
11/27/89 PSI Corporate File Cabinets 1,130.20
12/18/89 Kupf Instruments Microinjection Unit 3,685.00
12/18/89 Xxxxxx Scientific Rotary Evaporator 1,863.00
12/18/89 Tech Computer Mac SE 2,807.60
12/18/89 PSI Corporate File Cabinets 1,556.50
1/8/90 Xxxxxxx Instruments LS500T 3,142.00
1/8/90 AIE Incubator 1,655.91
1/9/90 GBC Binding Machine 1,303.00
1/9/90 PSI Corporate File Cabinets 1,040.65
2/21/90 Tech Computer Mac SE 2,943.00
3/16/90 PSI Corporate File Cabinets 659.10
3/27/90 GBC Upgrade Bndg Mach. 575.50
4/6/90 Hewlett Packard Upgrade HPLC System 1,685.90
4/6/90 IITC Model 45 Chart Recorder 2,664.10
4/13/90 Varian Instrument NMR 9,721.50
4/25/90 IITC Blood Pressure System 3,370.00
5/14/90 Xxxxxxx Scintillation Counter 14,781.58
Xxxxxxx Credit For Rack -4,508.92
8/21/90 Tech Computer Imagewriter 2,925.00
8/21/90 Tech Computer Mac SE 2,239.00
8/21/90 Tech Computer Mac SE Upgrade 440.00
9/7/90 Tech Computer GCC Ultra Drive 1,298.00
12/12/90 GF Office Furniture File Cabinets 993.20
12/12/90 Tech Computer Mac Classic 1,390.00
12/12/90 Tech Computer GCC Ultra Drive 599.00
12/27/90 Hewlett Packard HP1050 7,227.00
1/2/91 Laser Desk/Partitions 250.00
1/15/91 Applied Bio HPLC 20,006.75
1/15/91 Applied Bio HPLC 572.00
1/15/91 Rainin HPLC 2,815.00
1/15/91 GF Office Furniture File Cabinets 334.10
3/31/91 TOTAL
30
EQUIPMENT LIST EXHIBIT A
DATE OF 1994 LOAN COLLATERAL
5/30/91 Tech Computer Mac Classic 7,665.00
5/30/91 Tech Computer Memory Upgrade 280.00
5/30/91 AT&T Credit Phone 330.70
6/4/91 AT&T Merlin (Phone) 372.75
6/5/91 Union Office Table & Chairs 850.00
6/17/91 Tech Computer Mac Classic & Printer 7,307.00
6/18/91 Union Office Table & Chairs 795.00
6/20/91 Xxxxxx Balance 6,887.09
6/20/91 Office Pavilion Office Set-up 9,259.97
6/24/91 American Express Microwave/Refrig 325.46
6/25/91 X. Xxxxx Table 99.99
6/27/91 Office Pavilion Panels/Table 2,108.62
6/28/91 Tech Computer Memory Upgrade 390.00
7/11/91 Tech Computer Mac Classic 2,720.00
7/17/91 Office Pavilion Chair/File 1,074.50
7/22/91 Forma Scientific Incubator 4,890.00
7/23/91 Tech Computer Mac LC 3,206.00
7/25/91 Savant SpeedVac 3,024.00
7/25/91 Dictronics FAX Machine 2,600.00
7/29/91 X. Xxxxx Typewriter 226.56
7/31/91 Dynatech Luminometer 29,949.80
7/31/91 JLS-Tech HD Hard Disk -140.00
8/2/91 Office Pavilion Chair/File Cabinet 1,128.23
8/8/91 Beckman Radio. Detector 14,365.00
8/9/91 Savant SpeedVac 1,767.80
8/14/91 IET, Ltd. Centrifuge 3,322.20
8/16/91 IET, Ltd. Peptide Synthesizer 19,500.00
8/16/91 IET, Ltd. Peptide Synthesizer 19,500.00
8/24/91 Xxxx Xxxxxxx Office Sign 0.00
8/29/91 Tech Computer Modem 290.00
8/29/91 Tech Computer Mac Classic 1,486.50
9/5/91 Dynatech Luminometer 2,000.00
9/10/91 Savant SpeedVac/Pump 6,352.00
9/20/91 Tech Computer Mac II 6,918.00
10/11/91 Office Pavilion File & Keys 218.74
10/22/91 Tech Computer Mac LC 2,720.00
10/28/91 Xxxxxx Vacuum Oven 1,375.00
11/12/91 Xxxxxx-Xxxxx Geneamp 11,579.25
11/14/91 Boston Ship Refrigerator 844.00
11/14/91 Lab Products Cages 5,868.00
11/14/91 Office Pavilion Bookcase 236.97
11/14/91 Tech Computer Mac Classic 2,308.00
11/14/91 Xxxxxx-Xxxxx Geneamp Kit 1,075.11
11/19/91 Orion Research Coulomet 6,000.00
11/19/91 Xxxxxx Centrifuge 2,947.78
11/30/91 Plas-Labs Balance 4,035.00
12/12/91 VerTex Blinds 364.40
12/13/91 Omni Mixer/Generator 4,075.00
12/18/91 Office Pavilion File 318.00
12/18/91 Office Pavilion File 148.00
12/18/91 Xxxxxx Manufacturing Freezer 4,909.00
12/20/91 Bio-Rad Gene Pulser 4,370.00
12/30/91 Donsanto Microscope 27,144.90
1/1/92 Nynex Phone System Phone System Deposit 16,391.00
31
EQUIPMENT LIST EXHIBIT A
DATE OF 1994 LOAN COLLATERAL
1/1/92 Applied Bio Reaction Vessel 4,496.00
1/1/92 Strategene Stratalinker 2,351.44
1/3/92 Bio-Rad Gel Dryer 1,055.01
1/8/92 VWR Incubator 2,841.00
1/8/92 Universal Imaging Image Processor 31,125.00
1/13/92 Tech Computer Laserwriter 3,615.00
1/16/92 Donsanto Microscope 10,725.00
1/16/92 Office Pavilion Table/Chair 775.00
1/20/92 Office Pavilion File 366.00
1/31/92 Tech Computer Mac Classic 11,856.00
2/11/92 Consolidated Bailing Radioactive Compactor 4,496.25
2/11/92 Xxxxxx Scientific Microscope 4,347.00
2/13/92 Tech Computer Service Repair 0.00
2/13/92 Office Pavilion Table 180.45
2/14/92 Business Furniture Table 90.00
2/19/92 Universal Imaging Lens/Filter Wheel 6,308.00
2/19/92 Tech Computer Mac Classic 1,344.00
2/21/92 Office Pavilion Panels/Tables/Files 5,468.20
2/26/92 Office Pavilion Chairs 472.00
2/29/92 Donsanto Microscope 3,590.30
3/3/92 Hewlett Packard HPLC System 24,737.60
3/7/92 Hewlett Packard HPLC System 5,794.00
3/10/92 Zymark Evaporator 5,450.00
3/12/92 Office Pavilion 2 Draw Files (3) 502.55
3/13/92 Office Pavilion Furniture 1,636.78
3/19/92 VWR Scientific 2,841.00
3/19/92 VWR Scientific PH Meter 1,445.00
3/19/92 Hewlett Packard HPLC System 4,000.00
3/23/92 Donsanto Microscope 2,800.80
3/25/92 Hewlett Packard HPLC System 25,633.20
3/26/92 Tech Computer Mac LC 3,294.00
3/30/92 Xxxxxx Balance 2,462.00
3/31/92 Donsanto Microscope 8,606.25
3/31/92 Xxxxx Company (13)Fumehoods/Cabinets 96,419.22
3/31/92 TOTAL
4/1/92 Donsanto Microscope 2,818.80 78816
4/8/92 Tech Computer 2 MB Set 910.00 160P&A010
4/8/92 Xxxxxx Balance Table 746.17 B1350-1
4/8/92 Millipore Deltapak 4,735.00 WAT037700
4/10/92 Industrial Filters Water System 49,413.00
4/14/92 Consolidated Bailing Consolidated Baler 13,488.75 0791-199
4/16/92 Fluid Metering Lab Pump 1,495.00 QSYX1CSC
4/17/92 Perseptive Biosystems HPLC Columns 4,405.50 P001H526
4/20/92 Donsanto Camera 461.70 N6000
4/21/92 Tech Computer 2 Mac Classics 6,875.05 M1543LL/A,M1560LL/B
4/22/92 Lexington Alarm Card Access Equipment 15,000.00
4/22/92 Office Pavilion Chairs 312.00 B25-Product
4/22/92 The Xxxxx Company Fume Hoods 40,370.75 SP-43007V
4/22/92 Office Pavilion Panel & Table 380.80 XXX-A0256LTLT
4/24/92 Nynex Meridian Hardware for Phone System 39,337.00 NX073598
4/27/92 Forma Scientific Lab Washer&Dryer 45,603.40 8890&6097
4/27/92 Xxxx Xxxxxx Shelf Units 9,371.10 246063
32
EQUIPMENT LIST EXHIBIT A
DATE OF 1994 LOAN COLLATERAL
4/28/92 Donsanto Microscope 928.20 78924&85040
4/28/92 Precision Fitness Gym Equipment 7,722.25
4/28/92 Tech Computer Star Controller&Punchdown 4,902.00 900STA011&2
4/29/92 MacConnection Starcontroller 2,598.00 PN377
4/29/92 Shimadzu Purification Equipment 31,114.80 281640281643
4/29/92 Scientek Cage & Bottle Washer 39,674.00 SW5500
4/30/92 Lexington Alarm Drug Storage Cabinet 2,135.00
4/30/92 Xxxxxx Manufacturing Freezer 20,082.00 EU8617
4/30/92 Nynex Meridian Phone System 9,834.00 NX074326
5/1/92 Walcott Sales Dishwasher 418.00 DU8700
5/5/92 Universal Imaging Thermal Stage 3,440.00
5/7/92 Nynex Meridian Phone System 3,185.00 JCO #J2900811
5/8/92 Xxxxxxx Scintallation 25,849.85 7065609
5/8/92 Forma Scientific Incubator 28,956.00 00000-000000-0
5/12/92 Office Environments Chairs 61,638.65
5/12/92 Lab Craft Corp. 4 Sanitation Carts 3,482.75
5/12/92 Boston Ship Service 0.00
5/13/92 Donsanto Omega Filter 1,869.80 OM400
5/13/92 Xxxxxx Balances 4,017.01
5/13/92 Xxxxxx Ph Meter 1,436.00
5/13/92 Xxxxxx Balance -247.00
5/14/92 VWR Water Bath, Orbit Shaker 3,370.86 13470-073
5/15/92 Eagle Manufacturing Storage Cabinet 93.00 NM39270S6
5/15/92 Xxxx Stereotaxic 2,750.10 900-A
5/19/92 VWR Glass Still 3,135.00 26291-122
5/20/92 X.X. Xxxxxx Centrifuge 29,142.75 9201370
5/20/92 X.X. Xxxxxx Kodak Processor 7,595.00 KOD1666502
5/21/92 Dell Computer Computer System 4,740.00 486P/50
5/21/92 Manchester Equip. Laser Printer 1,691.69
5/21/92 Xxxxxx Safety Cabinet 600.00 17156B
5/21/92 Gateway 2000 Computer System 2,260.00 486-50 ISA
5/21/96 Xxxxxx Scientific Safety Cabinets 600.00 17156B
5/26/92 Dell Computer Microlaser 1,649.00 TI PS35
5/26/92 Universal Imaging Filter Set 3,900.00
5/27/92 Office Pavilion Chairs 23,911.33 K08-15/WAL/BL
5/27/92 Perseptive Biosystems Chromotography Workstation 69,200.00
5/27/92 Office Pavilion Lateral Files 53,295.99 F12-SLF36220
5/27/92 Xxxxxx Adapter 14.23 KH350310000
5/27/92 Office Pavilion Desks 27,282.80 D05-Special
5/28/92 Xxxxxx Receiver 32.08 0974042B
5/29/92 Dell Computer Memory 75.00 486P
5/29/92 Xxxxxx Weight Boats 212.70 02 202A
5/29/92 Tech Computer Mac IIsi 7,374.00 MO364LL/A
5/29/92 Millipore Steel Column Heater 676.65 WAT062079
5/30/92 Millipore Fluorometer 23,104.10 WAT031300
5/31/92 Shimadzu Moisture Balance 3,675.00 000-00000-00
6/3/92 Dell Computer Computer System 1,537.00 220-7675
6/3/92 Office Environments Tables 6,180.60 ITR-42-G-1-R-G
6/4/92 X.X. Xxxxxx Rotor & Adapter 19,691.10 9202305
6/4/92 Xxxx Xxxxxx Wall Mount & Shelves 1,467.20 SW23C
6/5/92 Tech Computer Mono Display 250.00 M0298LL/A
6/8/92 Tech Computer 4 Macs & Laserwriter 26,971.00 100APP011
6/10/92 Harvard Aprtus. Pump 3,190.00 552222
6/11/92 Xxxxxx Plastics&Glass 2,850.00 24/40RE-111C
33
EQUIPMENT LIST EXHIBIT A
DATE OF 1994 LOAN COLLATERAL
6/11/92 Xxxxxx Circulator 1,228.00 13 874 412
6/11/92 Sedia, Inc. Sofa & Chairs 5,427.00 231L1
6/11/92 Shimadzu Sample Loop 144.90 000-00000-00
6/11/92 Shimadzu Data Processor -2,074.28 000-00000-00
6/11/92 Shimadzu Data Processor 4,248.00 223-02053.92
6/12/96 Xxxxxx Manufacturing 16,760.70
6/15/92 Tech Computer Ultradrive 961.00 110GEN020
6/15/92 VWR Ultrasonic Clnr w/Timer 332.00
6/15/92 Xxxxxx Balance Table -102.11 B1350-1
6/16/92 Computerland Laserjet & Computer 7,100.92 CPAQ-A986D
6/16/92 Computerland Tax on Equipment 0.00
6/16/92 Lab Products Micro Isolator System 8,222.00 10209
6/17/92 Lexington Alarm Installation/Alarm Sys. 10,265.00
6/17/92 Lexington Alarm Keypad 491.00
6/17/92 Lab Safety Utility Cart 157.50 RA11488BE
6/19/92 Nynex Key Expansion Module 1,425.00 NT2K22WA03
6/20/92 Hewlett Packard ChemStation 740.00 3213S03297
6/22/92 Nynex 1,680.00 J2900817
6/22/92 VWR Shaking Bath 5,040.00 13303-005
6/22/92 Nynex Labor 0.00
6/23/92 Office Pavilion Chairs 8,189.77 Uo1-D-44-H
6/23/92 Millipore Refrigerator 12,900.00 WAT038483
6/24/92 VWR Water Bath -1,560.00 13470-073
6/26/92 ISCO Optical Unit 3,467.50 670940715
6/26/92 VWR Balance Mettler 2,979.00 ZZMFG
6/29/92 Perseptive Biosystems ACTO Samples 13,465.00
6/30/92 NE Cryogenics Manifold 5,007.00 B1-3-4
6/30/92 Hitachi Cell Holder 29,720.00 250-0330
6/30/92 Hewlett Packard Robotic Tray 3,450.00 3224A28875
7/1/92 Xxxxxx Medical Code Rack 3,188.50 171041
7/3/92 Hewlett Packard Micro Vial 84.00 5021-1859
7/7/92 Xxxxxx Scientific Microscope 4,036.00 411585
7/8/92 The Virtis Co. Vacuum Pump 16,769.92 284026
7/8/92 Office Environments Chair 2,329.60 7A8-1-A5G-T
7/10/92 Office Pavilion Fireproof File 1,141.35 B25-Product
7/14/92 Xxxxxx Scientific Power Supply 1,700.00 PS1500-1150
7/14/92 Lab Products Micro Isolator 5,104.88 10409
7/15/92 Xxxx Xxxxxx Caster Brake 300.20 5MBX
7/16/92 The Virtis Co. Flask Filterseal 749.86 118273
7/22/92 Office Environments Tables 2,967.60 6472-G-XX-XX
7/22/92 Office Pavilion Desk & Box/File 6,329.40 D05-Special
7/23/92 Office Environments Tables 9,669.60 6496-XX-XX-XX
7/27/92 Shimadzu Paper 0.00 000-00000-00
7/27/92 Polyfoam Packers Entry Reversed in Nov 676.65
7/28/92 Razel Scientific Infusion pump 3,159.06 A-99..EHM
7/29/92 Nynex Meridian Printer 740.00 A0345125
7/30/92 Xxxxx Xxxxxx Vaporizer 995.00 S775
7/30/92 Hotpack Humidity Chamber 7,265.00 73927
7/31/92 Lab Craft Workstation 1,961.75 WS20/36
8/3/92 Beckman Rotor Package 8,617.00 1341-0004-0000
8/11/92 Tech Computer Mac Classic 1,215.00 M1560LL/B
8/1/92 Geneva Group 19,368.75
8/13/92 Xxxx Xxxxxx Carts 681.00 1842GX
8/14/92 Tech Computer 3 Mac Classics 3,645.00 M1560LL/B
34
EQUIPMENT LIST EXHIBIT A
DATE OF 1994 LOAN COLLATERAL
8/17/92 Baxter Flatbed Recorder 1,182.35 R2990-111
8/17/92 Xxxxxx Vacuum Pump 1,848.00 010961A
8/17/92 Xxxxxx Centrifuge 4,275.00 5415C
8/18/92 Staples Typewriter Car 35.98 OP529
8/18/92 Staples Typewriter 499.99 1181304
8/19/92 VWR Balance 5,995.00 11274-975
8/20/92 Tech Computer Mac IIsi 3,313.00 M0364LL/B
8/21/92 Applied Biosystems Chemicals 488.40
8/21/92 Tech Computer 1,745.00
8/24/92 Hotpack Incubator 4,230.00 73927
8/27/92 VWR Centrifuge 2,640.40 BK342350
9/1/92 Tech Ethernet LC 776.00 M0443LL/B
9/1/92 Industrial Filters Sanitize Water System 2,514.50
9/10/92 Applied Biosystems DNA Syn. 24,775.00 92081066J
9/11/92 Consolidated Stills Sterilizer 46,225.00 52792
9/11/92 Consolidated Stills Sterilizer 46,225.00 52892
9/11/92 Xxxxxx Reacti-Vap 1,258.00 920402006
9/11/92 Consolidated Stills Freight for Sterilizer 0.00 52892
9/11/92 Consolidated Stills Sterilizer 23,550.00 51292
9/11/92 Consolidated Stills See Attached Letter -11,974.60
9/14/92 Xxxxx 15,637.55 2920053
9/24/92 Mas-Vac Open Invoice 2,766.00
9/29/92 Tech Computer 2 Mac Classics 2,848.00 M1542LL/A
9/30/92 Xxxxxx Base Unit 485.00
9/30/92 Consolidated Stills See Attached Letter 5,987.30
10/23/92 Tech computer 4,712.00
10/15/92 Xxxxx fi,e jppds 18,448.2
10/15/92 Hewlett Packard HPLC 46,300.00
10/20/92 Millipore PDA Detector 9,976.00
TOTAL 2,500,370.75
35
ALKERMES/ACTI FIXED ASSET LIST Exhibit A
1995 Loan Collateral
Date of Total Less Less Net
Purchase Company Description Ref # Invoice Freight Sales Tax Invoice
---------------------------------------------------------------------------------------------------------------------------
ALKERMES EQUIPMENT:
11/15/94 Micro Video Computer 134046 1,723.87 -2.47 0.00 1,721.40
12/8/94 Terra Universal Work station 134882 1,718.20 0.00 0.00 1,718.20
12/12/94 VWR Balance 134736 1,152.00 0.00 0.00 1,152.00
12/20/94 Ciba Corning Blood Gas System 134977 9,086.20 -86.20 0.00 9,000.00
12/20/94 Xxxxxxxxx Fluovac Unit, vapor, etc. 135270 6,633.46 -43.46 0.00 6,590.00
12/29/94 Microtech MIA16000 Memory 135264 5,037.32 -28.82 -238.50 4,770.00
12/30/94 Waters 717 Plus 135271 22,930.00 -30.00 0.00 22,900.00
1/3/95 Digital Memory expansion card 135298 367.50 0.00 -17.50 350.00
12/30/94 InfoTech Powerbook 0XX 000000 5,880.45 -20.00 -281.45 5,579.00
1/11/95 Climet Instruments Laser Airborne Particle 135486 5,000.00 0.00 0.00 5,000.00
Counter
1/13/95 VWR Ghaus electrical scale 135575 1,594.00 0.00 0.00 1,594.00
1/25/95 Xxxx Instruments Valid workstation 135748 3,503.58 -3.58 0.00 3,500.00
1/26/95 VWR Refrigerated circulators 135798 1,646.25 0.00 0.00 1,646.25
1/27/95 X.X. Xxxxxxxx Spray chamber 135808 3,800.00 0.00 0.00 3,800.00
1/5/95 Chemineer Static mixer 135836 1,225.07 -7.07 -58.00 1,160.00
1/19/95 Xxxxxx Freezer/chart recorder 135845 8,142.00 0.00 0.00 8,142.00
1/25/95 American Instrument DK43 oven 136002 963.40 -38.40 0.00 925.00
Exchange
1/31/95 Fluid Energy Alert Jet-o-mixer Model 00 136024 6,314.63 -14.63 0.00 6,300.00
1/31/95 Xxxxxxxxx Company Refund on regulator 136024 -335.00 0.00 0.00 -335.00
1/24/95 Xxxxxx Freezer/chart recorder 136106 7,765.00 0.00 0.00 7,765.00
1/17/95 Xxxxxx Xxx CPU Board 136273 1,953.00 0.00 0.00 1,953.00
2/7/95 Xxxxxxxxx Company Amplifier/pressure transd 136375 1,409.47 -9.47 0.00 1,400.00
1/12/95 Digital Equipment Return etherlink 136439 -148.49 2.54 6.95 -139.00
2/13/95 Microtech Internatinoal Memory boards 136467 2,846.28 -22.28 0.00 2,824.00
2/15/95 Xxxxxx Refractometer 136554 2,230.00 0.00 0.00 2,230.00
2/14/95 IKA Works Flow chamber 136602 3,637.76 -14.76 0.00 3,623.00
2/14/95 Infotech Laserwriter printer 136609 2,424.20 -26.00 -114.20 2,284.00
2/14/95 Infotech Powerbook 500 136610 3,021.15 -36.00 -142.15 2,843.00
2/22/95 Infotech Monitor 136719 503.10 -18.00 -23.10 462.00
2/27/95 Shimadzu Scientific External printer, etc 136864 25,208.99 -63.99 0.00 25,145.00
Instrument
2/28/95 Infotech Multiscan display 136992 5,878.60 -70.00 -276.60 5,532.00
2/28/95 Infotech Multiscan dislay 136993 11,727.20 -110.00 -553.20 11,064.00
2/28/95 Infotech XXX 000 XXX 000000 2,310.15 -18.00 -109.15 2,183.00
3/2/95 Infotech Powerbook 136995 3,231.70 -25.00 -152.70 3,054.00
3/3/95 IKA Revolution counter 137034 1,740.46 -9.46 0.00 1,731.00
3/7/95 Infotech Apple DOS card 137109 2,842.00 -134.00 -28.00 2,680.00
3/3/95 Precision Stainless Liter extraction tank 137150 13,115.80 0.00 0.00 13,115.80
3/7/95 Infotech Powerbook 137158 3,438.40 -49.00 -161.40 3,228.00
3/6/95 Xxxxxx Sonic dismembrator 137176 1,300.00 0.00 0.00 1,300.00
3/9/95 Electric Steam Generator Electric steam generator 137196 4,432.00 0.00 0.00 4,432.00
Co.
3/9/95 Xxxx Xxxxxx Gauge/impellter/vac pump 137213 3,747.67 -54.67 0.00 3,693.00
36
ALKERMES/ACTI FIXED ASSET LIST Exhibit A
1995 Loan Collateral
Date of Total Less Less Net
Purchase Company Description Ref # Invoice Freight Sales Tax Invoice
---------------------------------------------------------------------------------------------------------------------------
3/7/95 Xxxxxxxxx MacLab System 137237 5,021.60 -26.60 0.00 4,995.00
3/13/95 PCs Compleat Ethermodem 137263 8,559.01 -109.88 -406.15 8,042.98
3/15/95 Infotech Laserwriter 137285 1,028.90 -23.00 -47.90 958.00
3/16/95 Xxxxxx Balance 137291 1,625.00 0.00 0.00 1,625.00
3/13/95 Filtron Technology Miniset stainless 137295 8,685.33 -7.08 0.00 8,678.25
hardware
3/15/95 Comport Consulting Group Clebris System 137313 6,346.20 -14.00 -302.20 6,030.00
3/16/95 Xxxxxx Healthcare Infusion pump 137332 16,400.00 0.00 0.00 16,400.00
3/17/95 Microtech True simm 137335 912.24 -14.24 0.00 898.00
3/24/95 Xxxxxx-Xxxxxx Pumps 137554 5,677.95 -12.95 0.00 5,665.00
3/16/95 Shimadzu Scientific Refund PCB set 137618 -450.00 0.00 0.00 -450.00
3/24/95 Xxxxxx Scientific Cryocut disposable system 137673 14,950.00 0.00 0.00 14,950.00
3/31/95 Harvard Apparatus Shelf style rack 137768 2,288.60 -43.60 0.00 2,245.00
3/31/95 Infotech HP Jetstore 600I 137888 1,446.05 -38.00 -67.05 1,341.00
3/31/95 Perseptive Biosystems BioCad System 137805 70,350.00 -350.00 0.00 70,000.00
3/31/95 Infotech Apple Powerbook 137811 2,842.95 -30.00 -133.95 2,679.00
4/4/95 Filtron Minisette 137817 8,264.45 -6.45 0.00 8,258.00
4/6/95 Infotech Sheet Feeder 137827 297.40 -16.00 -13.40 268.00
4/11/95 Amicon Column stand 137993 5,099.41 -9.41 0.00 5,090.00
4/7/95 BioWhittaker Plate reader 138010 13,954.00 0.00 0.00 13,954.00
4/20/95 New Wave Technologies Optical Drive 138158 3,250.00 -43.00 0.00 3,207.00
4/27/95 U.S. Telecenters Polycom soundstation 138380 647.50 0.00 0.00 647.50
4/24/95 Dell Viewsonic 138386 1,666.45 -40.00 -77.45 1,549.00
4/21/95 Vamstar Print server 138401 399.00 -10.00 -19.00 370.00
4/21/95 Vanstar Color monitor 138402 1,148.70 -88.00 -54.70 1,006.00
5/9/95 Infotech Sheet feeder 138718 301.40 -20.00 -13.40 268.00
5/12/95 Infotech Apple Powerbook 138832 5,414.55 -48.00 -255.55 5,111.00
5/2/95 Infotech Printer & keyboard 138836 5,019.00 0.00 0.00 5,019.00
5/22/95 Waters Corporation Flow Cell 138936 1,475.00 -5.00 0.00 1,470.00
5/23/95 Xxxxxxxx Xxxxxxx 000000 4,743.00 0.00 0.00 4,743.00
5/25/95 Xxxxxxxxx Preamplifier 139065 1,050.00 0.00 0.00 1,050.00
5/25/95 Waters Corporation Hard drive 590 computer 139103 4,313.30 0.00 -205.40 4,107.90
5/30/95 Microtech Memory boards 139173 2,312.18 -20.18 0.00 2,292.00
4/13/95 Data Comm Warehouse Linkbuilder 138007 998.00 -3.00 0.00 995.00
4/28/95 Microtech International Memory boards 138461 587.99 -9.99 0.00 578.00
5/10/95 PC & Mac Connection Sonics Systems 138670 269.00 -3.00 0.00 266.00
5/22/95 Data Comm Warehouse Linkbuilder 138979 947.90 -3.00 0.00 944.90
5/31/95 Infotech Powerbook 139245 10,700.70 -102.00 -504.70 10,094.00
6/9/95 US Telecenters Polycom soundstation 139373 712.25 0.00 -64.75 647.50
6/9/95 Biotest Diagnostics Air sampler 139488 6,017.07 -27.07 0.00 5,990.00
6/14/95 Infotech Sheet feeder 139494 297.40 -16.00 -13.40 268.00
6/20/95 Xxxxxx Healthcare Infusion pump 139685 4,115.82 -15.82 0.00 4,100.00
6/26/95 Millipore Steritest compact/pump- 139714 5,640.00 0.00 0.00 5,640.00
foot petal
37
ALKERMES/ACTI FIXED ASSET LIST Exhibit A
1995 Loan Collateral
Date of Total Less Less Net
Purchase Company Description Ref # Invoice Freight Sales Tax Invoice
---------------------------------------------------------------------------------------------------------------------------
6/26/95 Xxxxxxx Sampling stand and switch 139821 4,991.00 -50.00 0.00 4,941.00
6/28/95 Infotech Powerbook 139875 3,328.75 -37.00 -156.75 3,135.00
6/30/95 Microtech International 16 mb and 8mb xxxxx 139939 3,590.73 -24.73 0.00 3,566.00
6/28/95 Dell Direct Microsoft system 139918 2,161.20 -190.00 0.00 1,971.20
6/30/95 Infotech Farallon 10 base trancei 139960 2,584.40 -35.00 -121.40 2,428.00
7/18/95 Infotech NEC 15" monitor, etc. 140222 1,057.00 -28.00 -49.00 980.00
7/17/95 Infotech DOS compatibility card 140223 2,832.00 -18.00 -134.00 2,680.00
7/17/95 Infotech APC Smart 140224 838.40 -32.00 -38.40 768.00
7/24/95 Xxxxxx Healthcare Syringe infusion pump 140451 2,057.91 -7.91 0.00 2,050.00
7/24/95 Biotest Diagnostics Anemometer 140458 1,135.00 0.00 0.00 1,135.00
8/2/95 Microtech International Xxxxx 72 Pin (memory 140638 2,088.48 -19.48 0.00 2,069.00
boards)
8/8/95 Cargocaire Engineering Part #30565-01 140655 2,380.00 0.00 0.00 2,380.00
0/0/00 Xxxxxx Xxxxxxxxxxx Xxx Xxx/xx Xxxxxx 000000 1,955.00 -5.00 0.00 1,950.00
0/0/00 Xxxxxxx Xxxxxxxxx Xxxx 00 Xxxxx Xxx 000000 4,000.60 -10.60 0.00 3,990.00
8/3/95 Infotech HP Laserjet 140667 1,468.55 -29.00 -68.55 1,371.00
8/9/95 CompUSA Inc. 17" Noki Monitor/Computer 140737 3,450.28 -86.00 -164.30 3,199.98
8/16/95 ADInstruments 4 Channel Tranducer 140868 962.00 -12.00 0.00 950.00
8/21/95 Xxxxxxx Xxxxxx/Xxxxxxx Fax Machine 140913 699.99 0.00 0.00 699.99
8/15/95 Infotech Apple 15" Monitor 140960 7,099.65 -72.00 -334.65 6,693.00
8/24/95 PCs Compleat, Inc. toshiba & Modem 141057 4,708.99 0.00 0.00 4,708.99
8/23/95 Xxxxxx Healthcare Syringe Infusion Pump 141171 12,338.40 -38.40 0.00 12,300.00
8/29/95 Infotech Multiscan Display 141203 1,495.70 -32.00 -69.70 1,394.00
8/28/95 Infotech HP Laserjet 141204 1,095.15 0.00 -52.15 1,043.00
8/31/95 Microtech International 8mb Xxxxx (memory boards) 141276 2,252.16 -20.16 0.00 2,232.00
8/26/95 Waters Corporation Refridge Autosampler 141281 38,817.37 -117.37 0.00 38,700.00
8/30/95 TerraNet Internet Services Cisco Router & Modem 141107 1,831.20 0.00 0.00 1,831.20
8/17/95 Lechmere Refrigerator 141391 607.45 -29.97 -27.50 549.98
8/31/95 PCs Compleat, Inc. 8MB Memory 141236 402.90 -4.95 -18.95 379.00
9/5/95 Xxxxxx Healthcare Corp. Syringe Infusion Pump 141351 2,057.91 -7.91 0.00 2,050.00
9/5/95 First Source International 16md Module 141354 606.00 -9.00 0.00 597.00
9/11/95 Waters Corporation TI Credit Special 141512 -3,500.00 0.00 0.00 -3,500.00
9/14/95 Infotech Monitor, Pwr Mac, Server 141519 15,910.90 -184.00 -748.90 14,978.00
9/15/95 MacWarehouse Hard Drive, Notebook 141606 663.10 -6.10 0.00 657.00
Traveler
9/19/95 Waters Corporation Refractometer 141614 15,937.50 0.00 0.00 15,937.50
9/21/95 Microtech International Mia8000/72-06 /72-07-8C 141643 1,088.96 -15.96 0.00 1,073.00
10/2/95 MacWarehouse Lc475 w/o keyboard 141992 1,006.30 -8.30 0.00 998.00
9/26/95 Infotech Keyboard, monitor 142006 757.85 -34.85 -26.00 697.00
9/29/95 Infotech Apple keyboard, display 142029 1,202.85 -30.00 -55.85 1,117.00
10/3/95 Xxxxxxxx Instruments Pump/kf coulometer 142069 7,068.77 -20.77 0.00 7,048.00
10/4/95 VWR Water Bath 142096 1,293.75 0.00 0.00 1,293.75
10/3/95 Infotech Powermac 6100 w/cd 142114 1,694.95 -16.00 -79.95 1,599.00
10/4/95 Microtech International 16mb xxxxx (memory boards) 142143 1,005.51 -15.51 0.00 990.00
38
ALKERMES/ACTI FIXED ASSET LIST Exhibit A
1995 Loan Collateral
Date of Total Less Less Net
Purchase Company Description Ref # Invoice Freight Sales Tax Invoice
---------------------------------------------------------------------------------------------------------------------------
00/0/00 Xxxxxxxxx Xxxxxxxxxxxxx 0xx xxxxx (memory boards) 142145 587.99 -9.99 0.00 578.00
10/9/95 Microtech International 16mb xxxxx (memory boards) 142146 1,005.51 -15.51 0.00 990.00
00/00/00 XXX Xxxxxxxx Xxxxxxx Xxxxxxx 0xx fast 2 scsi 142266 1,071.00 -15.00 0.00 1,056.00
10/13/95 Microtech International MIA8000/72-06 142293 1,172.31 -16.31 0.00 1,156.00
10/19/95 Infotech Pwr mac/display/keyboard 142459 5,106.00 -66.00 -240.00 4,800.00
10/19/95 Infotech Monitor/display/keyboard 142460 3,756.90 -63.00 -175.90 3,518.00
10/20/95 Forma Scientific Monitor/alarm system 142484 1,956.22 0.00 0.00 1,956.22
10/19/95 Infotech HP laser jet/pwr mac, etc. 142488 4,587.35 -44.00 -216.35 4,327.00
10/29/95 CDW Computer Centers Color Printer 142510 448.87 -15.87 0.00 433.00
00/0/00 Xxxxxx Xxxx Xxxxxxx Xxxxxxxxxxxx 000000 153.90 -30.00 -5.90 118.00
11/2/95 Molecular Dynamics Pers Dens SI & IQNT 142889 18,150.00 -150.00 0.00 18,000.00
11/3/95 Infotech Xxx Xxxxxx 000000 2,158.50 -27.00 -101.50 2,030.00
00/0/00 Xxxxxxxx XX Xxx Xxxxxxxx 000000 344.40 0.00 -16.40 328.00
11/16/95 Digital & PCs Compleat P120, Computer 143092 3,508.02 -17.82 -166.20 3,324.00
ALKERMES F&F:
5/5/95 Business Equipment, Ltd. Lateral files 138520 1,390.00 0.00 0.00 1,390.00
5/26/95 XxXxxxxx-Xxxx Storage cabinet 139147 737.43 -39.00 0.00 698.43
6/8/95 VWR Lab table 139393 1,579.20 0.00 0.00 1,579.20
7/9/95 First Office Concepts 5Drawer lateral file 140410 853.45 -25.00 -39.45 789.00
cabinets
00/0/00 Xxxxx Xxxxxx Xxxxxxxx Xxxxxxx Xxx Xxxxxx 000000 594.90 -29.00 -26.95 538.95
Bookcase
10/4/95 Xxxxx Xxxxxx Xxxxxxxx 0 Xxxxxx Xxxxxxx Xxxx 000000 4,218.50 -29.00 -199.50 3,990.00
Cabinet
ACTI EQUIPMENT:
11/21/94 Pacific Venture Finance Lease Buyout (misc equip) 3253 23,748.00 0.00 0.00 23,748.00
1/13/95 Pacific Venture Finance Lease Buyout (misc equip) 3307 7,208.00 0.00 0.00 7,208.00
2/17/95 Pacific Venture Finance Lease Buyout (misc equip) 3367 1,861.83 0.00 -1.83 1,860.00
3/24/95 X.X. Xxxxxxxx Spray Chamber 3438 4,750.00 0.00 0.00 4,750.00
3/29/95 Precision Stainless, Inc. Spray Chamber 3484 3,393.60 0.00 0.00 3,393.60
1/17/95 Xxxxxx Xxxxxx 8.30 Mini-Lab 135704 9,710.59 -77.25 0.00 9,633.34
April Xxxxxx Xxxxxx 8.30 Mini-Lab -4,538.52 0.00 0.00 -4,538.52
(credit)
4/11/95 VWR Freezer 3492 6,243.38 0.00 0.00 6,243.38
4/4/95 Terra Universal Clean room table 3519 786.93 -114.23 0.00 672.70
4/3/95 FTS Control workstation 3527 29,721.63 0.00 0.00 29,721.63
4/14/95 FTS Recirculating cooler 3531 11,995.00 0.00 0.00 11,995.00
4/24/95 ITT Polymer/powder trans cont 3568 3,697.05 -12.05 0.00 3,685.00
4/26/95 ITT Tank bottom valve 3601 3,542.97 -5.97 0.00 3,537.00
4/13/95 Lightnin Shaft/bore 3606 827.77 -6.64 0.00 821.13
4/28/95 Superior Prolease 50 system 3626 14,252.00 0.00 0.00 14,252.00
4/20/95 Alloy Products Model 75-14 Vessel 3565 1,498.34 -11.34 0.00 1,487.00
5/1/95 Pacific Venture Buyout Lease Buyout (misc equip) 3564 5,778.00 0.00 0.00 5,778.00
5/1/95 PerSeptive Biosystems Porous 50HQ 3582 1,950.00 0.00 0.00 1,950.00
4/27/95 Lightnin Mixer 3591 15,640.56 -86.00 0.00 15,554.56
4/28/95 Lightnin Lower shaft/impeller 3608 969.28 -4.07 0.00 965.21
39
ALKERMES/ACTI FIXED ASSET LIST Exhibit A
1995 Loan Collateral
Date of Total Less Less Net
Purchase Company Description Ref # Invoice Freight Sales Tax Invoice
---------------------------------------------------------------------------------------------------------------------------
4/28/95 Lightnin Mixer 3609 15,496.47 -86.00 0.00 15,410.47
4/28/95 ITT Sherotec Dispersion tank system 3613 8,259.54 -19.54 0.00 8,240.00
5/4/95 Superior Controls Data Acquisition System 3634 10,689.00 0.00 0.00 10,689.00
5/5/95 Amicon A855471 3635 452.59 -2.59 0.00 450.00
4/28/95 AMSCO Fan/Monitor/Adaptor 3648 7,600.10 -17.10 0.00 7,583.00
5/9/95 PerSeptive Biosystems Porous 50 HQ 3654 7,800.00 0.00 0.00 7,800.00
5/11/95 VWR Pump 3684 1,548.30 0.00 0.00 1,548.30
5/10/95 Xxxxxx Analytical Balance 3692 1,658.00 0.00 0.00 1,658.00
5/16/95 AMSCO Spinning Disc 3693 1,415.40 -8.40 0.00 1,407.00
3/21/95 VWR Recorder 3702 677.10 0.00 0.00 677.10
5/15/95 VWR Revco Freezer 3704 3,984.00 0.00 0.00 3,984.00
5/17/95 Sartorius Mini Housing 3707 8,503.66 -3.66 0.00 8,500.00
5/15/95 ITT Sherotec Homogenizer 3710 1,528.20 0.00 0.00 1,528.20
5/15/95 ITT Sherotec Filter/Dryer 3711 7,870.00 0.00 0.00 7,870.00
5/15/95 ITT Sherotec Filter/Dryer 3712 1,175.00 0.00 0.00 1,175.00
5/9/95 Cozzoli Cozzoli machine F400X 3718 1,090.66 0.00 0.00 1,090.66
5/5/95 Waters HPLC System 3738 48,161.71 -141.71 0.00 48,020.00
5/23/95 Millipore Ster Filhldr 3779 1,633.00 0.00 0.00 1,633.00
5/19/95 Sonics & Material Ultrasonic Processor 3783 6,767.15 -27.15 0.00 6,740.00
5/15/95 Terra Universal Gowning Bench 3812 1,358.74 -219.74 0.00 1,139.00
5/23/95 AMSCO VHP 1000 System 3854 63,602.75 -142.75 0.00 63,460.00
5/16/95 Virtis Homogenizer 3705 3630.6 -21.60 0.00 3,609.00
5/31/95 Xxxxxx Top loader balance 3838 2,540.00 0.00 0.00 2,540.00
5/31/95 Cozzoli Talbe top filler 3839 2,199.00 -17.66 0.00 2,181.34
6/1/95 Xxxxxx Freezer 3842 5,550.00 0.00 0.00 5,550.00
6/5/95 Sonics & Materials Footswitch w/cable 3875 122.48 -2.48 0.00 120.00
6/2/95 Waters Colum temp control 3905 1,424.00 0.00 0.00 1,424.00
6/13/95 FTS Systems Tray dryer oil eliminator 3938 56,397.00 0.00 0.00 56,397.00
6/16/95 MKS Instruments Pressure transducer 3946 2,536.72 -11.72 0.00 2,525.00
6/14/95 Superior Controls Prolease 50 data acq system 3947 7,436.00 0.00 0.00 7,436.00
6/2/95 Precision Stainless Extraction & waste tanks 3999 31,190.00 0.00 0.00 31,190.00
6/21/95 Precision Stainless PMB valves returned 4018 -3,825.00 0.00 0.00 -3,825.00
6/27/95 FTS Systems Freeze dryer 4047 69,776.77 -426.30 0.00 69,350.47
6/22/95 VWR Recorder 4058 750.30 0.00 0.00 750.30
6/23/95 VWR Stir reactor vessel 4062 7,112.95 -525.00 0.00 6,587.95
6/26/95 VWR Stir reactor vessel 4063 942.18 0.00 0.00 942.18
6/15/95 La Calhene Isolator 4117 157,614.00 0.00 0.00 157,614.00
6/16/95 Pacific Venture Lease Buyout (misc equip) 3974 2,200.00 0.00 0.00 2,200.00
7/5/95 Xxxxxx Corp Sanitary vessel 4112 7,953.66 0.00 0.00 7,953.66
7/11/95 Brookfield Eng. Temp control bath 4114 5,619.84 -14.84 0.00 5,605.00
7/12/95 Xxxx Xxxxxx Humidity data processor 4125 1,995.00 0.00 0.00 1,995.00
7/28/95 Sigmil Housing & filter 4243 1,702.00 -82.00 0.00 1,620.00
40
ALKERMES/ACTI FIXED ASSET LIST Exhibit A
1995 Loan Collateral
Date of Total Less Less Net
Purchase Company Description Ref # Invoice Freight Sales Tax Invoice
-------------------------------------------------------------------------------------------------------------------------------
7/17/95 Superior Controls Prolease 50 data acq system 4289 3,563.00 0.00 0.00 3,563.00
8/7/95 ITT Sherotec Spray Chamber Cover 4302 1,580.00 0.00 0.00 1,580.00
8/14/95 Xxxxxx Scientific Freezer 4358 -3,984.00 0.00 0.00 -3,984.00
8/23/95 FTS Systems Microprocessor 4391 1,120.27 -21.75 0.00 1,098.52
8/24/95 Pall Filtron Centramate ss Cassette etc. 4438 4355.63 -5.63 0.00 4,350.00
7/14/95 Pacific Venture Lease Buyout (misc equip) 4192 7,111.00 0.00 0.00 7,111.00
8/29/95 AMSCO-PA Biodecontamination Unit 4440 1,115.17 -7.17 0.00 1,108.00
8/15/95 Pacific Venture Lease Buyout (misc equip) 4368 7,323.00 0.00 0.00 7,323.00
9/5/95 Xxxx-Xxxxxx Ultrasonic Cleaner 4457 2,212.54 -18.54 0.00 2,194.00
9/18/95 Amsco (PA) Biodecontamination Unit 4523 65,084.60 -288.60 0.00 64,796.00
9/13/95 La Calhene Flexible Wall Isolators, etc 4577 68,472.90 0.00 0.00 68,472.90
10/6/95 AMSCO-PA Scientific Calibration 4628 1,895.00 0.00 0.00 1,895.00
10/9/95 ComTronics Motorola Radius/Headset 4687 2,308.50 -30.00 -108.50 2,170.00
10/16/95 Pacific Venture Finance Lease Buyout (misc equip) 4726 4,111.00 0.00 0.00 4,111.00
--------------------------------------------------
TOTAL EQUIPMENT & F&F 1,514,171.62 -6,387.94 -7,772.53 1,500,011.15
==================================================
41
Exhibit A
Ohio Loan Collateral
XXXXXX WILMINGTON PLANT SALE (IMPROVEMENTS)
PROJECT ACQ
# DESCRIPTION AMOUNT VENDOR PO# YEAR OTHER
432 WS MTI 27 MIXER ASSEMBLY (SANDOZ) $ 4,858.00 XXXXX 000 00-00 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
433 WS MTI 27 4 GAL CHARGE POT $ 1,793.00 BUCKEYE FABRICAT 000 00-00 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
434 WS MTI 27 CONCRETE APRON $37,000.00 MOSACO 000 00-00 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
435 WS MTI 27 3 YAMADA AIR PUMPS $ 3,364.24 XXXXXXX EQUIP 000 00-00 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
436 WS MTI 27 PLATFORM SCALE $ 4,330.78 XXXXXXX SCALE 000 00-00 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
437 WS MTI 27 LAB FREEZER (2) $ 4,212.25 XXXXXX SCIENTIFIC 000 00-00 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
438 WS MTI 27 BIOLOGIC CONTAINMT HOOD $ 9,735.00 MICROZONE 000 00-00 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
439 WS MTI 27 FREIGHT $ 309.69 MICROZONE 000 00-00 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
440 WS MTI 27 TRANSFER BOTTLES $12,224.46 EAGLE STAINLESS 1059 93-94 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
441 WS MTI 27 CONSTRUCTION STEEL SHELVING $ 952.67 R&J FIRST CO 1221 93-94 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
442 WS MTI 27 MODULAR CLEAN ROOM $15,340.43 CLEAN ROOM PROD 1076 93-94 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
443 WS MTI 27 MODULAR CLEAN ROOM $ 3,182.00 CLEAN ROOM PROD 1075 93-94 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
444 WS MTI 27 SS PRESSURE VESSELS $ 1,063.50 ALLOY PRODUCTS 000 00-00 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
445 WS MTI 27 COMPUTER EQUIP $ 7,911.43 COMP USA 1162 93-94 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
446 WS MTI 27 REWORK DRAIN 10 GAL TANK $ 621.00 BUCKEYE MFG 000 00-00 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
447 WS MTI 27 CONE FILTER SCREEN $ 1,227.72 IRC 1370 93-94 WILMINGTON SM PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
448 WS MTI 37 PARABOLIC XXXXXX $11,142.00 HAYSSEN 1706 93-94 WILMINGTON SM PROJECTS
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
449 WS MTI 37 HVAC COMPRESSOR $ 2,658.52 ENVIRON ENGR 2355 93-94 WILMINGTON SM PROJECTS
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
450 WS MTI 37 486 PC FOR HONEYWELL 9000 $ 1,694.00 GATEWAY 2000 2432 93-94 WILMINGTON SM PROJECTS
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
451 WS MTI 37 XXXXXXX TOLEDO SCALE $ 3,540.57 XXXXXXX SCALE 2441 93-94 WILMINGTON SM PROJECTS
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
452 XX XXX 00 XXXXXXX XXXXXXX XXXX $30,350.00 MOSACO 2513 93-94 WILMINGTON SM PROJECTS
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
453 WS MTI 37 PUMP FOR DI SYSTEM $ 2,121.00 RODEM 2809 93-94 WILMINGTON SM PROJECTS
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
454 WS MTI 37 INSTALL TRANSFORMER $ 2,990.00 KINGS ELECTRIC 2494 93-94 WILMINGTON SM PROJECTS
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
455 WS MTI 37 SCRUBBER $ 2,544.00 TRIDURO 2746 93-94 WILMINGTON SM PROJECTS
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
456 WS MTI 37 2 IN-LINE MIXERS $ 4,730.52 KOFLO 3003 93-94 WILMINGTON SM PROJECTS
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
457 WS MTI 45 SIP MONITORING SYSTEM $ 1,809.33 HARD WAREHOUSE 3829 93-94 WILMINGTON PLANT
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
458 WS MTI 45 15 GAL HEPA VAC $ 3,980.30 TRIDURO 3714 93-94 WILMINGTON PLANT
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
459 WS MTI 45 INSTALL 750 KW GENERATOR SET $59,215.00 KING'S ELECTRIC SERV 3705 1995 WILMINGTON PLANT
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
460 WS MTI 49 LABEL MACHINE $ 2,795.00 XXXXXX PACKAGING 3946 93-94 WILMINGTON SMALL PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
461 WS MTI 49 DOCKING STATION $ 4,063.86 HARD WAREHOUSE 4018 93-94 WILMINGTON SMALL PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
462 XX XXX 00 XXXX XXXXXXX $ 684.70 HARD WAREHOUSE 4018 93-94 WILMINGTON SMALL PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
463 WS MTI 49 WALL MOUNT CYLINDERS $ 1,592.20 BOC GASES 4506 93-94 WILMINGTON SMALL PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
464 WS MTI 49 PARTICULATE SAMPLERS $ 5,058.02 BARRAMUNDI 4508 93-94 WILMINGTON SMALL PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
465 WS MTI 49 PROCESS PIPING-SLURRY $ 4,357.00 RODEM 4656 93-94 WILMINGTON SMALL PROJ
------ ---------------------------- ---------- -------------------- ---- ----- ----------------------
42
Exhibit A
Ohio Loan Collateral
XXXXXX WILMINGTON PLANT SALE (IMPROVEMENTS)
PROJECT ACQ
# DESCRIPTION AMOUNT VENDOR PO# YEAR OTHER
466 WS MTI 49 VISCOMETER $ 2,687.43 OKM IND SALES 4348 93-94 WILMINGTON SMALL PROJ
------ -------------------------- ----------- ----------------- ---- ----- ---------------------
467 WS MTI 49 THERMAL TRANSFER PRINTER $ 2,804.72 XXXXXX XXXX CORP 3946 93-94 WILMINGTON SMALL PROJ
------ -------------------------- ----------- ----------------- ---- ----- ---------------------
468 WS MTI 49 COMPUTER NOTEBOOK $ 2,152.20 HARD WAREHOUSE 93-94 WILMINGTON SMALL PROJ
------ -------------------------- ----------- ----------------- ---- ----- ---------------------
469 WS MTI 49 PARTS WASHER $ 3,722.40 HERITAGE EQUIP 4069 93-94 WILMINGTON SMALL PROJ
------ -------------------------- ----------- ----------------- ---- ----- ---------------------
470 WS MTI 49 MATLS & INSTALL DEA CAGE $ 2,296.74 STORAGE SYSTMS CO 4848 1995 WILMINGTON SMALL PROJ
------ -------------------------- ----------- ----------------- ---- ----- ---------------------
471 XX XXX 00 XXXXXX XXXX APPLICATION #4 $ 47,410.00 MOSACO 3816 1995 WILMINGTON PLANT
------ -------------------------- ----------- ----------------- ---- ----- ---------------------
$314,525.68
43
Exhibit A
Ohio Loan Collateral
DUPONT ASSETS AT MEDISORB VENTURE: POLYMER EQUIPMENT AT BLUE ASH SITE (TO BE SOLD TO ALKERMES)
Current as of: March 4, 1996
MTI PROJ PARTNER ACQ DD
NUMBER REF DESCRIPTION AMOUNT VENDOR ITEM XX # XX XX # XXX # XXXXXXXX
-------- ------- ----------- ------ ------ ---- ---- -- ---- ----- --------
MTI-02 P-8871 Polymr Mfg 19,042.50 American Reactor Reactor system 3903 90 N/A 1751 0006 + 0002 BA
(Xxxxxx)
MTI-02 P-8871 Polymr Mfg 31,737.50 American Reactor Reactor system 3903 90 N/A 1751 0006 + 0002 BA
(Xxxxxx)
MTI-02 P-8871 Polymr Mfg 12,695.00 American Reactor Reactor system 3903 90 N/A 1751 0006 + 0002 BA
(Xxxxxx)
MTI-02 P-8871 Polymr Mfg 63,475.00 American Reactor Reactor system 3903 90 N/A 1751 0006 + 0002 BA
(Xxxxxx)
MTI-02 P-8871 Polymr Mfg 1,370.78 Xxxxxx Vacuum pump 12436 92 N/A
MTI-02 P-8871 Polymr Mfg 7,600.22 Xxxxxx Refrigerators & CC 90 N/A
recorders
MTI-02 P-8871 Polymr Mfg 1,516.67 Xxxxxx Vacuum oven CC 90 N/A
MTI-02 P-8871 Polymr Mfg 673.88 Xxxxxx MDL DI Circulator CC 90 N/A
MTI-02 P-8871 Polymr Mfg 2,802.38 Xxxxxx Vacuum oven N8255-3 11482 92 N/A
MTI-02 P-8871 Polymr Mfg 485.16 Xxxxxx Drierite gas 11643 92 N/A
purifier
MTI-02 P-8871 Polymr Mfg 3,764.70 Xxxxxx N8700-2 w/flex 12442 92 N/A
thermocouple
MTI-02 P-8871 Polymr Mfg 11,309.00 Xxxxxx Corp Pell-4 Processor CC 90 N/A 1752 0007 BA
MTI-02 P-8871 Polymr Mfg 2,339.00 Xxxxxx Corp Water cooling tank CC 90 N/A
MTI-02 P-8871 Polymr Mfg 569.30 Birmingham Valve 10 SS valves; 1 CC 90 N/A
brass valve
MTI-02 P-8871 Polymr Mfg 565.00 Xxxxxx Electric Control box CC 90 N/A
MTI-02 P-8871 Polymr Mfg 7,433.59 Chromalox Oil control system CC 90 N/A 1753 0004 BA
MTI-02 P-8871 Polymr Mfg 19,749.60 Chromalox Oil heater and tank CC 90 N/A 1753 0004 BA
MTI-02 P-8871 Polymr Mfg 8,756.50 Chromalox Oil heater CC 90 N/A 1753 0004 BA
MTI-02 P-8871 Polymr Mfg 35.59 Cin Belting & Overload heaters CC 90 N/A
Trans
MTI-02 P-8871 Polymr Mfg 30.56 Cincinnati Piping Reducing plugs CC 90 N/A
MTI-02 P-8871 Polymr Mfg 191.11 Cincinnati Piping Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 193.56 Cincinnati Piping Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 145.23 Cincinnati Piping Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 361.16 Cincinnati Piping Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 1,028.00 Cincinnati Piping SS Braided hose CC 90 N/A
MTI-02 P-8871 Polymr Mfg 430.85 Cincinnati Piping Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 661.60 Cincinnati Piping Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 80.57 Colesco MP Regulator CC 90 N/A
MTI-02 P-8871 Polymr Mfg 233.04 Xxxxxxx Xxxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 65.96 Colesco Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 48,693.50 Control Solutions Dehumidifier CC 90 N/A 1754 0012 BA
MTI-02 P-8871 Polymr Mfg 1,085.00 Cyber Research DAS 2805 nLOF CC 90 N/A
SIFIRL xonc
MTI-02 P-8871 Polymr Mfg 460.00 Cyber Research DAS 756 CC 90 N/A
Thermocouple
MTI-02 P-8871 Polymr Mfg 194.00 Cyber Research Signal cond. board CC 90 N/A
MTI-02 P-8871 Polymr Mfg 928.00 Distallation Engg Product receiver CC 90 N/A
MTI-02 P-8871 Polymr Mfg 66.47 XX Xxxxxxxx Elec Control station CC 90 N/A
MTI-02 P-8871 Polymr Mfg 693.50 Xxxxxxx America Rotor w/TeflonR CC 90 N/A
blades
P-8871 Polymr Mfg 1,308.40 Xxxxxxx America Rotary shaft seals CC 90 N/A
MTI-02 P-8871 Polymr Mfg 1,039.50 Xxxxxxx America Condensor CC 90 N/A
44
Exhibit A
Ohio Loan Collateral
DUPONT ASSETS AT MEDISORB VENTURE: POLYMER EQUIPMENT AT BLUE ASH SITE (TO BE SOLD TO ALKERMES)
Current as of: March 4, 1996
MTI PROJ PARTNER ACQ DD
NUMBER REF DESCRIPTION AMOUNT VENDOR ITEM XX # XX XX # XXX # XXXXXXXX
-------- ------- ----------- ------ ------ ---- ---- -- ---- ----- --------
MTI-02 P-8871 Polymr Mfg 2,133.50 Xxxxxxx America Xxxxxxxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 853.25 Forbes Distributing Conrol cabinet CC 90 N/A
MTI-02 P-8871 Polymr Mfg 369.00 Gateway Supply B23 Xxxxxx coupling CC 90 N/A
MTI-02 P-8871 Polymr Mfg 957.94 Hard Warehouse XT Computer CC 90 N/A
MTI-02 P-8871 Polymr Mfg 2,232.00 International Dump can 9605 92 N/A 1755 0023 BA
Reactor
MTI-02 P-8871 Polymr Mfg 21,819.18 International 10 gal custom plymr 9605 92 N/A 1755 0023 BA
Reactor Reactor
MTI-02 P-8871 Polymr Mfg 262.95 Xxxxxxx Xxxx Tank stand CC 90 N/A
MTI-02 P-8871 Polymr Mfg 850.00 Xxxxxxx Extruders Prepayt - vent 11257 92 N/A
diverter
MTI-02 P-8871 Polymr Mfg 3,500.00 Xxxxxxx Extruders Tube Die 6465 91 N/A
MTI-02 P-8871 Polymr Mfg 1,995.00 King's Electric Reactor support CC 90 N/A
circitry
MTI-02 P-8871 Polymr Mfg 15,192.23 Lasermike Laser scanner 7270 91 N/A 1756 0037 BA
MTI-02 P-8871 Polymr Mfg 6,079.48 M&W Controls Data Logger CC 90 N/A
MTI-02 P-8871 Polymr Mfg 4,063.08 M&W Products Temperature CC 90 N/A
controls
MTI-02 P-8871 Polymr Mfg 3,630.00 Machine Drice Co Xxxxxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 338.89 Xxxxxxxx, Inc Vacuum regulator CC 90 N/A
MTI-02 P-8871 Polymr Mfg 154.93 Xxxxx Electric Xxxxxxx Boxes &
Mounting Plate CC 90 N/A
MTI-02 P-8871 Polymr Mfg 36.99 McMaster Xxxx XX Hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 113.10 McMaster Xxxx Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 709.23 McMaster Xxxx Various valves & CC 90 N/A
gauges
MTI-02 P-8871 Polymr Mfg 27.23 McMaster Xxxx Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 59.00 McMaster Xxxx Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 448.69 McMaster Xxxx Piping Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 344.47 McMaster Xxxx Piping Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 57.70 McMaster Xxxx Piping Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 119.75 McMaster Xxxx Piping Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 5,123.48 Mettler Instrument D0337 drying oven 11754 92 N/A 1806 QC LAB BA
for XX00
XXX-00 P-8871 Polymr Mfg 298.67 Mettler Instrument 110146 cable 11754 92 N/A 1806 QC LAB BA
connector
MTI-02 P-8871 Polymr Mfg 7,371.54 Xxxxxxx Xxxxxxxxxx XX00 Xxxxxxxxxxx 00000 92 N/A
Titrator
MTI-02 P-8871 Polymr Mfg 5,884.87 Mixing Equip Co Model XJC-30 XX XX 00 X/X
xxxx
XXX-00 P-8871 Polymr Mfg 727.02 Monsanto 20 gal T-66 Heat CC 90 N/A
trf xxxxx
MTI-02 P-8871 Polymr Mfg 833.45 Xxxxxx Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 364.60 Xxxxxx Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 1,468.01 Xxxxxx Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 360.30 Xxxxxx Piping hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 547.09 Multitherm Heat trf fluid CC 90 N/A
MTI-02 P-8871 Polymr Mfg 7,625.00 MWS Piping, instltn, CC 90 N/A
insulation
MTI-02 P-8871 Polymr Mfg 187.48 Newark Electronics 500ft conductor CC 90 N/A
cable
MTI-02 P-8871 Polymr Mfg 83.35 Newark Electronics 15 terminal strops CC 90 N/A
MTI-02 P-8871 Polymr Mfg 990.72 Omega Engg 21 thermocouples CC 90 N/A
45
Exhibit A
Ohio Loan Collateral
DUPONT ASSETS AT MEDISORB VENTURE: POLYMER EQUIPMENT AT BLUE ASH SITE (TO BE SOLD TO ALKERMES)
Current as of: March 4, 1996
MTI PROJ PARTNER ACQ DD
NUMBER REF DESCRIPTION AMOUNT VENDOR ITEM XX # XX XX # XXX # XXXXXXXX
-------- ------- ----------- ------ ------ ---- ---- -- ---- ----- --------
MTI-02 P-8871 Polymr Mfg 1,717.20 Omega Engg Transmitter & CC 90 N/A
interface
MTI-02 P-8871 Polymr Mfg 5,050.00 Pacific Scientific Air particle CC 90 N/A 1807
counter
MTI-02 P-8871 Polymr Mfg 21,105.00 Xxxx X. Xxxx, Inc 24" Rota Cone Vac CC 90 N/A 1757 0010 BA
Dryer
MTI-02 P-8871 Polymr Mfg 1,188.65 Price Supply Misc elbows, CC 90 N/A
nipples couplings
MTI-02 P-8871 Polymr Mfg 96.85 Queensgate Supply Misc hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 1,750.75 Reconciling item Detail missing 90 N/A
MTI-02 P-8871 Polymr Mfg 132.76 Rodem Proc Equip Piping hanger CC 90 N/A
assmby
MTI-02 P-8871 Polymr Mfg 1,204.05 Rodem Proc Equip CC 90 N/A
MTI-02 P-8871 Polymr Mfg 605.41 Rodem Proc Equip Piping hanger CC 90 N/A
assmby
MTI-02 P-8871 Polymr Mfg 4,766.30 Rodem Proc Equip Clean table/caster CC 90 N/A
MTI-02 P-8871 Polymr Mfg 243.75 Xxxxxxx Xxxxx Pump kit CC 90 N/A
MTI-02 P-8871 Polymr Mfg 746.56 Xxxxxxx Xxxxx 2 freeze drying CC 90 N/A
trap
MTI-02 P-8871 Polymr Mfg 1,487.88 Xxxxxxx Xxxxx Pump CC 90 N/A
MTI-02 P-8871 Polymr Mfg 17.22 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 80.35 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 405.75 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 250.11 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 62.77 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 148.88 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 59.08 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 188.96 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 994.49 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 174.86 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 289.83 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 17.44 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg -79.92 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 72.50 Sharonville Elec Elec Xxxxx XX 00 X/X
XXX-00 X-0000 Polymr Mfg 214.06 Sharonville Elec Elec hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 7,125.00 Sthrn Res Melt-Metering pump CC 90 N/A
MTI-02 P-8871 Polymr Mfg 19,150.00 Sthrn Res Coplymr processng CC 90 N/A 1758 0006 BA
sys
MTI-02 P-8871 Polymr Mfg 16,000.00 Xxxxxx Precision Polymerizer CC 90 N/A 1759 0006 BA
MTI-02 P-8871 Polymr Mfg 16,000.00 Xxxxxx Precision Polymerizer CC 90 N/A 1761 0006 BA
MTI-02 P-8871 Polymr Mfg 15,250.00 Xxxxxx Precision Vessel CC 90 N/A
MTI-02 P-8871 Polymr Mfg 945.00 Xxxxxx Precision SS pans & beauty CC 90 N/A
plates
MTI-02 P-8871 Polymr Mfg 1,661.10 Xxxxxxxx Elec Assmbl temp CC 90 N/A
contrllr
MTI-02 P-8871 Polymr Mfg 101.12 Tapco Thermocouple probe CC 90 N/A
MTI-02 P-8871 Polymr Mfg 201.97 Terriss Industries Pipes & tri clamps CC 90 N/A
MTI-02 P-8871 Polymr Mfg 13,278.44 Utensco Pressure tank CC 90 N/A
MTI-02 P-8871 Polymr Mfg 910.65 Valcor Engg Solenoid valve CC 90 N/A
46
Exhibit A
Ohio Loan Collateral
DUPONT ASSETS AT MEDISORB VENTURE: POLYMER EQUIPMENT AT BLUE ASH SITE (TO BE SOLD TO ALKERMES)
Current as of: March 4, 1996
MTI PROJ PARTNER ACQ DD
NUMBER REF DESCRIPTION AMOUNT VENDOR ITEM XX # XX XX # XXX # XXXXXXXX
-------- ------- ----------- ------ ------ ---- ---- -- ---- ----- --------
MTI-02 P-8871 Polymr Mfg 3,322.67 VWR Scientific PM4800 Balances 6310 91 N/A 1837 + 1838 BA
(2 ea)
MTI-02 P-8871 Polymr Mfg 1,128.01 VWR Scientific Vac pump w/guard CC 90 N/A
MTI-02 P-8871 Polymr Mfg 155.63 XX Xxxxxxxx Elec hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 121.54 XX Xxxxxxxx Misc hdwre CC 90 N/A
MTI-02 P-8871 Polymr Mfg 114.02 WW Grangeer Workbench/tool CC 90 N/A
cabinet
MTI-02 P-8871 Polymr Mfg 623.78 XX Xxxxxxx 2 ton floor crane CC 90 N/A
MTI-02 P-8871 Polymr Mfg 523.54 XX Xxxxxxx Vacuum pump CC 90 N/A
MTI-02 P-8871 Polymr Mfg 152.01 Yellow Freight Freight 90 N/A
MTI-02 P-8871 Polymr Mfg 19.00 Zenith/Xxxxxx Freight CC 90 N/A
MTI-02 P-8871 Polymr Mfg 1,151.00 Zenith/Xxxxxx Heat Jacket CC 90 N/A
MTI-08 MT-01 Device-Extrusion 7,058.94 Blue M Lab oven 9191 91 N/A
MTI-16 MT-07 Molding/Extrusion 13,206.41 VWR Scientific Xxxxx vacuum pump 1400 93 224 1798 + 1799 0027 + 0037 BA
MTI-16 MT-07 Molding/Extrusion VWR Scientific Xxxxx vacuum pump 1400 93 227 1798 + 1799 0027 + 0037 BA
MTI-16 MT-07 Molding/Extrusion VWR Scientific Xxxxx vacuum pump 1400 93 237 1798 + 1799 0027 + 0037 BA
MTI-22 MT-07 Polymr Mfg 1,186.00 Xxxxxx Var speed drive 535 93 117 1825 0006 BA
MTI-22 MT-07 Polymr Mfg 9,973.00 International Helical agitator 409 93 106 1826 0006 BA
Reactor
MTI-23 Polymr Mfg 275.93 Comp USA Injet Printer 000 00-00
MTI-23 Polymr Mfg 1,686.95 Comp USA 486 DX 2-50(Cust 1355 93-94
Serv)
MTI-23 Polymr Mfg 7,872.00 LCI Melt Pump 93-94
MTI-23 Polymr Mfg 8,373.00 LCI Ball Valve 93-94
MTI-33 Polymr Mfg 7,518.33 Panametrics Hygrometer 3211 93-94
MTI-33 Polymr Mfg 4,352.93 Xxxxxx Scientific Freezer 3355 93-94
MTI-55 Polymr Mfg 8,063.13 Barramundi Air Samples 0000 00-00
XXX-00 XXX: Polymer Mfg 7,533.16 LCI Fluid Sys Polymer gear pump 4000 95 434 1771 0006 BA
MTI-52 BSL: Med Devices 22,260.00 Pananetrics Hygometer 3187 95 378 1776 0006 BA
MTI-71 Polymr Mfg 7,400.00 Pak Teem, Inc. Fab. Melt Pump Lft 9700 1995
Table
040 18,186.09 M-Tek Inc. Corr Vac M Aug-87
051 509.43 M-Tek Inc. Corr Vac M Nov-87
060 15,608.50 Xxxx O Abb Rotacone V May-89
0.00 Xxxxxxx Balance AE163
0.00 Am Sci Balance S-P40
4,118.96 VWR Sci Balance AT-261-T Dec-90
1,046.93 VWR Sci Shaker Wrist Dec-90
Action 8FLSK
GRAND TOTAL DUPONT: Polymer Mfg 639,180.26
==========
47
Exhibit B
Locations in Which Equipment is Located,
Including Owners of Real Estate
Cambridge Premises
------------------
All Equipment owned by Alkermes, Inc. and Alkermes Controlled Therapeutics,
Inc. is located at the Cambridge Premises.
The Cambridge Premises are leased by Alkermes, Inc. and are owned by Xxxxxx
Xxxx 00 Xxxxxx Xxxxxx, Inc.
Ohio Premises
-------------
All Equipment owned by Alkermes Controlled Therapeutics Inc. II is located at
the Ohio Premises.
The Blue Ash Facility is owned by the Xxxxx X. Xxxxxx Company.
-1-
