BUSINESS LOAN AGREEMENTBusiness Loan Agreement • June 12th, 2007 • Beard Co /Ok • Industrial inorganic chemicals • Oklahoma
THIS AGREEMENT is made effective as of June 8th, 2007, by and among THE BEARD COMPANY, an Oklahoma corporation, having an address of Enterprise Plaza, Suite 320, 5600 North May Avenue, Oklahoma City, Oklahoma 73112 (“Borrower”) and FIRST FIDELITY BANK. N.A., a national banking association, whose address is 5101 North Classen, Oklahoma City, Oklahoma 73118 (“Lender”).
SUBORDINATION AGREEMENT AND RELEASESubordination Agreement • June 12th, 2007 • Beard Co /Ok • Industrial inorganic chemicals • Oklahoma
This Subordination Agreement (the “Subordination Agreement”) is made as of the 8th day of June, 2007 (“Effective Date”), by and among William M. Beard and Lu Beard, as Trustees of The William M. Beard and Lu Beard 1988 Charitable Unitrust (“Unitrust”), Boatright Family, L.L.C. (“Boatright”), and McElmo Dome Nominee, LLC, a limited liability company (“Nominee”).
