Exhibit 10.27 LOAN AGREEMENT EXPLANATORY STATEMENT Hitschler, Kimelman Holdings, LLC ("Lender") has agreed to lend to Ultralife Batteries, Inc. ("Borrower") the sum of five hundred thousand dollars ($500,000.00) (the "Loan Amount"). In consideration...Loan Agreement • April 14th, 2003 • Ultralife Batteries Inc • Miscellaneous electrical machinery, equipment & supplies • Delaware
As of March 25, 2003Loan and Security Agreement • April 14th, 2003 • Ultralife Batteries Inc • Miscellaneous electrical machinery, equipment & supplies
WARRANT TO PURCHASE TWENTY FIVE THOUSAND SHARES OF COMMON STOCK Of ULTRALIFE BATTERIES, INC. (a Delaware Corporation) Void after 5:00 O'Clock P.M., Eastern Standard Time, on June 4, 2006Warrant Agreement • April 14th, 2003 • Ultralife Batteries Inc • Miscellaneous electrical machinery, equipment & supplies
