TERM LOAN AND SECURITY AGREEMENTTerm Loan and Security Agreement • April 16th, 2003 • Stockeryale Inc • Optical instruments & lenses • Illinois
TERM LOAN AND SECURITY AGREEMENT dated as of December 27, 2002, between STOCKERYALE, INC., a corporation organized and existing under the laws of the State of Massachusetts having its principal office at 32 Hampshire Road, Salem, NH 03079 ("Customer"), and MERRILL LYNCH BUSINESS FINANCIAL SERVICES INC., a corporation organized and existing under the laws of the State of Delaware having its principal office at 222 North LaSalle Street, Chicago, IL 60601 ("MLBFS").
TERM NOTETerm Note • April 16th, 2003 • Stockeryale Inc • Optical instruments & lenses
FOR VALUE RECEIVED, the undersigned (the "Borrower"), a corporation formed and duly existing and in good standing under the laws of the Commonwealth of Massachusetts, and having its principal place of business at 32 Hampshire Road, Salem NH 03079, hereby unconditionally promises to pay to the order of TJJ Corporation, having an address at 50 Salem Street, Lynnfield, Massachusetts 01940 (the "Lender"), the principal sum of
FIRST MORTGAGE, SECURITY AGREEMENT AND FIXTURE FILING Article I Definitions and Security Interests A. Definitions The terms used below shall have the meanings there indicated. All capitalized terms not otherwise defined in this Mortgage shall have the...First Mortgage, Security Agreement and Fixture Filing • April 16th, 2003 • Stockeryale Inc • Optical instruments & lenses
Private Client Group Merrill Lynch Business Financial Services Inc.Loan Documents Amendment and Extension • April 16th, 2003 • Stockeryale Inc • Optical instruments & lenses
ContractRetention Agreement • April 16th, 2003 • Stockeryale Inc • Optical instruments & lenses
September 30, 2002 StockerYale, Inc. 39 Hampshire Road Salem, New Hampshire 03079 Re: Retention Letter Dear _____: You are a highly valuable employee of StockerYale, Inc. StockerYale wishes to retain you as an employee, and is therefore willing to make certain commitments in order to induce you to remain an employee. This letter will confirm the agreement between you and StockerYale (the "Agreement") in that regard. The Agreement is as follows: Severance. In the event your employment is terminated by StockerYale for other than Cause, or by you for Good Reason, or as a result of Change in Control, as defined below, then, within five (5) days following the termination, StockerYale will make a one-time, lump-sum payment to you equal to twelve months(1) of your then-current base salary. Withholding. All payments made by StockerYale under this Agreement will be reduced by any tax or other amounts required to be withheld under applicable law. Benefits. Your medical an
