SUBORDINATION AGREEMENTSubordination Agreement • February 6th, 2006 • Cti Industries Corp • Fabricated rubber products, nec • Illinois
Contract Type FiledFebruary 6th, 2006 Company Industry JurisdictionThis SUBORDINATION AGREEMENT is entered into as of February 1, 2006 (the "Subordination Agreement"), by and among Stephen M. Merrick, an individual (the "Junior Lender"), whose address is 422 Rosiland Drive, Palatine, Illinois, CHARTER ONE BANK, N.A., a national banking association (the "Senior Lender"), whose address is 71 South Wacker Drive, Suite 2900, Chicago, Illinois 60606, and CTI Industries Corporation, an Illinois corporation (the "Borrower"), whose address is 22160 North Pepper Road, Barrington, Illinois 60010.
SUBORDINATION AGREEMENTSubordination Agreement • February 6th, 2006 • Cti Industries Corp • Fabricated rubber products, nec • Illinois
Contract Type FiledFebruary 6th, 2006 Company Industry JurisdictionThis SUBORDINATION AGREEMENT is entered into as of February 1, 2006 (the "Subordination Agreement"), by and among John H. Schwan, an individual (the "Junior Lender"), whose address is 27 Watergate, South Barrington, Illinois 60010, CHARTER ONE BANK, N.A., a national banking association (the "Senior Lender"), whose address is 71 South Wacker Drive, Suite 2900, Chicago, Illinois 60606, and CTI Industries Corporation, an Illinois corporation (the "Borrower"), whose address is 22160 North Pepper Road, Barrington, Illinois 60010.