COMMERCIAL SECURITY AGREEMENTCommercial Security Agreement • December 11th, 2003 • Sterion Inc • Surgical & medical instruments & apparatus • Minnesota
References in the shaded area are for Lender’s use only and do not limit the applicability of this document to any particular loan or item. Any item above containing “***” has been omitted due to text length limitations.
COMMERCIAL PLEDGE AGREEMENTCommercial Pledge Agreement • December 11th, 2003 • Sterion Inc • Surgical & medical instruments & apparatus • Minnesota
THIS COMMERCIAL PLEDGE AGREEMENT dated November 26, 2003, is made and executed between STERION INCORPORATED (“Grantor”) and Citizens Independent Bank (“Lender”).
STERION INCORPORATED NONQUALIFIED STOCK OPTION AGREEMENTNonqualified Stock Option Agreement • December 11th, 2003 • Sterion Inc • Surgical & medical instruments & apparatus • Minnesota
THIS AGREEMENT is entered into as of December 11, 2003 by and between STERION INCORPORATED, a Minnesota corporation (the “Company”) and [KENNETH W. BRIMMER] [GARY C. COPPERUD] (the “Participant”).
SECURITY AGREEMENTSecurity Agreement • December 11th, 2003 • Sterion Inc • Surgical & medical instruments & apparatus • Minnesota
WHEREAS, the undersigned LIFESAFE SERVICES, INC., a Minnesota corporation, 13828 Lincoln Street NE, Ham Lake, Minnesota (“LifeSafe”) seeks to induce CITIZENS INDEPENDENT BANK, a Minnesota corporation, 5050 Excelsior Boulevard, St. Louis Park, Minnesota (the “Bank”) to extend credit to STERION, INC., a Minnesota corporation, 13828 Lincoln Street NE, Ham Lake, Minnesota (the “Borrower”);
ZEP PROPERTIESLease Agreement • December 11th, 2003 • Sterion Inc • Surgical & medical instruments & apparatus
This letter shall serve as written Memorandum expressing the Commencement and Termination dates of the term of the Lease Agreement dated December 21, 2000 due to occupancy of space.
BUSINESS LOAN AGREEMENT (ASSET BASED)Business Loan Agreement (Asset Based) • December 11th, 2003 • Sterion Inc • Surgical & medical instruments & apparatus • Minnesota
References in the shaded area are for Lender’s use only and do not limit the applicability of this document to any particular loan or item. Any item above containing …. has been omitted due to text length limitations.
UNCONDITIONAL AND CONTINUING CORPORATE GUARANTYUnconditional and Continuing Corporate Guaranty • December 11th, 2003 • Sterion Inc • Surgical & medical instruments & apparatus
WHEREAS, the undersigned LIFESAFE SERVICES, INC., a Minnesota corporation, 13828 Lincoln Street NE, Ham Lake, Minnesota (the “Guarantor”) seeks to induce CITIZENS INDEPENDENT BANK, a Minnesota corporation, 5050 Excelsior Boulevard, St. Louis Park, Minnesota (the “Bank”) to extend credit to STERION, INC., a Minnesota corporation, 13828 Lincoln Street NE, Ham Lake, Minnesota (the “Borrower”);
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • December 11th, 2003 • Sterion Inc • Surgical & medical instruments & apparatus • Ohio
This Asset Purchase Agreement (this “Agreement”) is entered into this 26th day of November, 2003, by and among LIFESAFE SERVICES, INC., a Minnesota corporation (“Buyer”), SOS INTERNATIONAL, INC., a Delaware corporation (“SOS”), and COMPLIENT CORPORATION, a Delaware corporation (“Complient”).
