EXHIBIT 10.1 EMPLOYMENT AGREEMENT -------------------- AGREEMENT made and entered into as of April 4, 2005 between Tulip Development Laboratory, Inc., a Pennsylvania corporation (the "Company), and Richard A. Hetherington ("Employee"). W I T N E S S E...Employment Agreement • April 8th, 2005 • Orbit International Corp • Electronic components, nec • Pennsylvania
ARTICLE 1 DEMISED PREMISES; TERM OF LEASE; POSSESSION 1 ------------------------------------------------------------ ARTICLE 2 RENT 2 ---------------- ARTICLE 3 PAYMENT OF TAXES, ASSESSMENTS, ETC. 5 ---------------------------------------------------...Net Lease • April 8th, 2005 • Orbit International Corp • Electronic components, nec • Pennsylvania
a) Financial Records; Inspection. Each Credit Party (other than any Individual Guarantor) will: (i) maintain at its principal place of business complete and accurate books and records, and maintain all of its financial records in a manner consistent...Term Loan and Security Agreement • April 8th, 2005 • Orbit International Corp • Electronic components, nec • Illinois
CUSTODY, PLEDGE AND SECURITY AGREEMENT -------------------------------------- CUSTODY, PLEDGE AND SECURITY AGREEMENT, dated as of April 4, 2005 ("Agreement"), by and among ORBIT INTERNATIONAL CORP., a Delaware corporation -- ("Pledgor"), RICHARD A....Custody, Pledge and Security Agreement • April 8th, 2005 • Orbit International Corp • Electronic components, nec • Pennsylvania
