AMENDMENT NO. 1 TO CONVERTIBLE NOTE AND WARRANT PURCHASE AGREEMENTConvertible Note and Warrant Purchase Agreement • March 14th, 2008 • Environmental Tectonics Corp • Miscellaneous electrical machinery, equipment & supplies
This Amendment No. 1 to Convertible Note and Warrant Purchase Agreement, entered into as of March 11, 2008 and effective as of February 19, 2008 (this “Amendment”), to the Convertible Note and Warrant Purchase Agreement (the “Agreement”), dated as of February 18, 2003, by and between Environmental Tectonics Corporation, a Pennsylvania corporation (“Borrower”), and H.F. Lenfest (“Purchaser”) is made upon the following terms and conditions. All capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement.
FIRST AMENDMENT TO SENIOR SUBORDINATED CONVERTIBLE NOTEEnvironmental Tectonics Corp • March 14th, 2008 • Miscellaneous electrical machinery, equipment & supplies
FIRST AMENDMENT, effective as of February 19, 2008 (this “First Amendment to Note”), to the Senior Subordinated Convertible Note dated as of February 18, 2003 issued by Environmental Tectonics Corporation, a Pennsylvania corporation (the “Company”), to H.F. Lenfest (the “Lender”), in the original principal amount of $10,000,000 (the “Note”).
