Common Contracts

3 similar Subordination Agreement contracts by Time America Inc

AMENDED AND RESTATED SUBORDINATION AGREEMENT
Subordination Agreement • February 14th, 2006 • Time America Inc • Services-prepackaged software • New York

This AMENDED AND RESTATED SUBORDINATION AGREEMENT (this “Amended and Restated Agreement”) is made as of the 30 day of January 3, 2006, by and among JOSEPH L. SIMEK (“Mr. Simek”), FRANCES L. SIMEK (“Mrs. Simek” and together with Mr. Simek, the “Subordinated Lenders”), TIME AMERICA, INC., a Nevada corporation (“Time America-Nevada”), TIME AMERICA, INC., an Arizona corporation (“Time America-Arizona”) NETEDGE DEVICES, LLC, an Arizona limited liability company (“NetEdge” and, together with Time America-Nevada and Time America-Arizona and each of their respective subsidiaries acqiured or formed after the date hereof, “Borrower”) and LAURUS MASTER FUND, LTD., a Cayman Islands company (“Senior Lender”).

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AMENDED AND RESTATED SUBORDINATION AGREEMENT
Subordination Agreement • July 22nd, 2005 • Time America Inc • Services-prepackaged software • New York

This AMENDED AND RESTATED SUBORDINATION AGREEMENT (this “Amended and Restated Agreement”) is made as of the 23rd day of June, 2005, by and among JOSEPH L. SIMEK (“Mr. Simek”), FRANCES L. SIMEK (“Mrs. Simek” and together with Mr. Simek, the “Subordinated Lenders”), TIME AMERICA, INC., a Nevada corporation (“Time America-Nevada”), TIME AMERICA, INC., an Arizona corporation (“Time America-Arizona”, and, together with Time America-Nevada and each of their respective subsidiaries acqiured or formed after the date hereof, “Borrower”) and LAURUS MASTER FUND, LTD., a Cayman Islands company (“Senior Lender”).

EXHIBIT E SUBORDINATION AGREEMENT
Subordination Agreement • April 7th, 2004 • Time America Inc • Services-prepackaged software • New York

This SUBORDINATION AGREEMENT (this “Agreement”) is made as of the day of March , 2004, by and among JOSEPH L. SIMEK (“Mr. Simek”), FRANCES L. SIMEK (“Mrs. Simek” and together with Mr. Simek, the “Subordinated Lenders”), TIME AMERICA, INC., a Nevada corporation (“Borrower”), and LAURUS MASTER FUND, LTD., a Cayman Islands company (“Senior Lender”).

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