RESTRUCTURE AGREEMENTRestructure Agreement • February 14th, 2003 • Pacific Biometrics Inc • Services-commercial physical & biological research • Illinois
THIS RESTRUCTURE AGREEMENT (the “Agreement”) dated as of October 1, 2002 is made by and among Saigene Corporation, a Delaware corporation (“Saigene”), Pacific Biometrics, Inc., a Delaware corporation (“PBI”) and TRANSAMERICA TECHNOLOGY FINANCE CORPORATION successor in interest to TRANSAMERICA BUSINESS CREDIT CORPORATION, a Delaware corporation (“TTFC”).
AMENDED AND RESTATED FINANCING AGREEMENTFinancing Agreement • February 14th, 2003 • Pacific Biometrics Inc • Services-commercial physical & biological research
Transamerica Business Credit Corporation (“TBCC”) and Pacific Biometrics, Inc. (“Pacific”) entered into a Master Lease Agreement dated as of March 14, 1997 (“Lease Agreement”). Pacific defaulted in its obligations pursuant to the Lease Agreement and related documents on January 1, 1999. Pacific and TBCC thereafter entered into a Forbearance Agreement dated October 13, 1999 (“Forbearance Agreement”), pursuant to which the parties restructured Pacific’s obligations under the Lease Agreement. The Forbearance Agreement and related documents thereto hereinafter collectively referred to as the “Forbearance Documents”. Pacific defaulted in its obligations under the Forbearance Documents and acknowledges that TBCC has the right to exercise all rights and remedies against Pacific under the Lease Agreement and Forbearance Documents. Pacific and Saigene Corporation (“Saigene”) have entered into various agreements and believe that it is in the best interest of Pacific and Saigene (Pacific and Saig
AMENDMENT TO WARRANT AGREEMENTSWarrant Agreements • February 14th, 2003 • Pacific Biometrics Inc • Services-commercial physical & biological research • Delaware
THIS AMENDMENT TO WARRANT AGREEMENTS (this “Amendment”) dated as of October 1, 2002, is made by and between PACIFIC BIOMETRICS, INC., a Delaware corporation (the “Company”), and TRANSAMERICA TECHNOLOGY FINANCE CORPORATION (“TTFC”), successor in interest to TRANSAMERICA BUSINESS CREDIT CORPORATION, a Delaware corporation (“TBCC”).
INVESTMENT AGREEMENTInvestment Agreement • February 14th, 2003 • Pacific Biometrics Inc • Services-commercial physical & biological research • Delaware
This Investment Agreement (the “Agreement”) is entered into effective as of December 19, 2002, by and between Saigene Corporation, a Delaware corporation (“Saigene”), Pacific Biometrics, Inc., a Delaware corporation (“PBI-DE”), and Pacific Biometrics, Inc., a Washington corporation (“PBI-WA”).
