Exhibit 10.7 PROMISSORY NOTE ---------------- -------------- ------------- -------------- ------------- -------------- -------------- ------------- Principal Loan Date Maturity Loan No. [Call/Coll.] Account Officer Initials $240,000.00 11/15/2006...Promissory Note • December 11th, 2006 • Elecsys Corp • Electronic components, nec • Missouri
---------------- -------------- ------------- -------------- ------------- -------------- -------------- ------------- Principal Loan Date Maturity Loan No. [Call/Coll.] Account Officer Initials $240,000.00 11/15/2006 11/15/2016 2000207186 [4100] 307275 123 ---------------- -------------- ------------- -------------- ------------- -------------- -------------- ------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or Item. Any item above containing ***** has been omitted due to text length limitations. ----------------------------------------------------------------------------------------------------------------------
GUARANTY AGREEMENT Dated as of September 1, 2006Guaranty Agreement • December 11th, 2006 • Elecsys Corp • Electronic components, nec • Kansas
THIS GUARANTY AGREEMENT made and entered into as of September 1, 2006 (the "Guaranty"), by and among DCI, INC., a Kansas corporation (the "Corporation"), ELECSYS CORPORATION, a Kansas corporation (the "Elecsys") and NTG, INC., a Kansas corporation (the "NTG") (the Corporation, the Elecsys and the NTG are hereinafter collectively referred to as the "Guarantors" and individually as a "Guarantor,") and UMB BANK, N.A., a national banking association with its principal corporate trust office in Kansas City, Missouri, as Trustee (the "Trustee"), under a Trust Indenture dated as of September 1, 2006 (the "Indenture"), between the City of Olathe, Kansas, as Issuer (the "Issuer") and the Trustee, as authorized by Ordinance No. 06-95 of the Issuer passed on August 15, 2006 (the "Ordinance");
Exhbit 10.5 BUSINESS LOAN AGREEMENT (ASSET BASED) ------------------ ------------ ------------- -------------- ------------- -------------- -------------- ------------- Principal Loan Date Maturity Loan No. [Call./Coll] Account Officer Initials...Business Loan Agreement • December 11th, 2006 • Elecsys Corp • Electronic components, nec • Missouri
CITY OF OLATHE, KANSAS,Trust Indenture • December 11th, 2006 • Elecsys Corp • Electronic components, nec
THIS TRUST INDENTURE, dated as of the September 1, 2006 (the "Indenture"), between the CITY OF OLATHE, KANSAS, a municipal corporation duly organized and existing under the laws of the State of Kansas (the "Issuer"), and UMB BANK, N.A., a national banking association duly organized and existing and authorized to accept and execute trusts of the character herein set forth under the laws of the United States, with its principal corporate trust office located in Kansas City, Missouri, as Trustee (the "Trustee");
LEASELease Agreement • December 11th, 2006 • Elecsys Corp • Electronic components, nec
Exhibit 10.6 CHANGE IN TERMS AGREEMENT ----------------- ------------- -------------- ------------- -------------- ------------- -------------- ------------- Principal Loan Date Maturity Loan No. [Call/Coll] Account Officer Initials -----------------...Change in Terms Agreement • December 11th, 2006 • Elecsys Corp • Electronic components, nec • Missouri
----------------- ------------- -------------- ------------- -------------- ------------- -------------- ------------- Principal Loan Date Maturity Loan No. [Call/Coll] Account Officer Initials ----------------- ------------- -------------- ------------- -------------- ------------- -------------- ------------- $3,000,000.00 08/30/2006 08/29/2007 2000206013 [5300] 309275 123 ---------------------------------------------------------------------------------------------------------------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing *****has been omitted due to text length limitations. ----------------------------------------------------------------------------------------------------------------------
Exhibit 10.8 COMMERCIAL GUARANTYCommercial Guaranty • December 11th, 2006 • Elecsys Corp • Electronic components, nec • Missouri
Reference in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item.
RECITALS:Bond Pledge Agreement • December 11th, 2006 • Elecsys Corp • Electronic components, nec • Kansas
