EXHIBIT 10.23 TAKE-OUT AGREEMENT THIS TAKE-OUT AGREEMENT (this "Agreement") is made as of May 19, 2000, by and between Transgenomic, Inc., a Delaware corporation (the "Company") and Nebraska State Bank, a Nebraska corporation (the "Lender"). WHEREAS,...-Out Agreement • June 14th, 2000 • Transgenomic Inc • Laboratory analytical instruments • Nebraska
