Exhibit 10(i).1 BUSINESS LOAN AGREEMENT --------- ---------- ---------- ---------- --------- ------- ------- -------- Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials $6,250,000.00 08-30-2007 08-28-2009 1089921654 410 / 4 703...Business Loan Agreement • September 6th, 2007 • Macc Private Equities Inc • Iowa
THIS BUSINESS LOAN AGREEMENT dated August 30, 2007, is made and executed between MorAmerica Capital Corporation ("Borrower") and Cedar Rapids Bank and Trust Company ("Lender") on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement ("Loan"). Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower's representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender's sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
Exhibit 10(i).5 PROMISSORY NOTE --------- ---------- ---------- ---------- --------- ------- ------- -------- Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials $500,000.00 08-30-2007 08-28-2009 1089921655 410 / 4 703 ---------...Promissory Note • September 6th, 2007 • Macc Private Equities Inc
--------- ---------- ---------- ---------- --------- ------- ------- -------- Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials $500,000.00 08-30-2007 08-28-2009 1089921655 410 / 4 703 --------- ---------- ---------- ---------- --------- ------- ------- -------- 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(i).4 COMMERCIAL SECURITY AGREEMENT --------- ---------- ---------- ---------- --------- ------- ------- -------- Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials $6,250,000.00 08-30-2007 08-28-2009 1089921654 410 / 4...Commercial Security Agreement • September 6th, 2007 • Macc Private Equities Inc • Iowa
Exhibit 10(i).6 PROMISSORY NOTE --------- ---------- ---------- ---------- --------- ------- ------- -------- Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials $6,250,000.00 08-30-2007 08-28-2009 1089921654 410 / 4 703 ---------...Promissory Note • September 6th, 2007 • Macc Private Equities Inc
--------- ---------- ---------- ---------- --------- ------- ------- -------- Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials $6,250,000.00 08-30-2007 08-28-2009 1089921654 410 / 4 703 --------- ---------- ---------- ---------- --------- ------- ------- -------- 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(i).2 COMMERCIAL GUARANTYCommercial Guaranty • September 6th, 2007 • Macc Private Equities Inc
CONTINUING GUARANTEE OF PAYMENT AND PERFORMANCE. For good and valuable consideration, Guarantor absolutely and unconditionally guarantees full and punctual payment and satisfaction of the Indebtedness of Borrower to Lender, and the performance and discharge of all Borrower's obligations under the Note and the Related Documents. This is a guaranty of payment and performance and not of collection, so Lender can enforce this Guaranty against Guarantor even when Lender has not exhausted Lender's remedies against anyone else obligated to pay the Indebtedness or against any collateral securing the Indebtedness, this Guaranty or any other guaranty of the Indebtedness. Guarantor will make any payments to Lender or its order, on demand, in legal tender of the United States of America, in same-day funds, without set-off or deduction or counterclaim, and will otherwise perform Borrower's obligations under the Note and Related Documents. Under this Guaranty, Guarantor's liability is unlimited and
Exhibit 10(i).9 MACC PRIVATE EQUITIES INC. MORAMERICA CAPITAL CORPORATION 101 Second Street S.E., Suite 800 Cedar Rapids, Iowa 52401 September 1, 2007 SAFEKEEPING AGREEMENT (Pursuant to Rule 17F-2) Cedar Rapids Bank & Trust 500 1st Ave. NE, Suite 100...Safekeeping Agreement • September 6th, 2007 • Macc Private Equities Inc
This letter will confirm our agreement with respect to our designation of Cedar Rapids Bank & Trust (the "Bank") as the safekeeping agent for the securities and similar investments of MACC Private Equities Inc. and MorAmerica Capital Corporation (the "Corporations").
Exhibit 10(i).3 COMMERCIAL PLEDGE AND SECURITY AGREEMENT --------- ---------- ---------- ---------- --------- ------- ------- -------- Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials $6,250,000.00 08-30-2007 08-28-2009...Commercial Pledge and Security Agreement • September 6th, 2007 • Macc Private Equities Inc • Iowa
Exhibit 10(i).7 MORAMERICA CAPITAL CORPORATION August 30, 2007 Mr. Dana L. Nichols Senior Vice President Cedar Rapids Bank & Trust 500 1st Avenue NE Cedar Rapids, IA 52401 Dear Dana: This letter will confirm our agreement with respect to our...Security Agreement • September 6th, 2007 • Macc Private Equities Inc
This letter will confirm our agreement with respect to our commitment to use our best efforts to obtain any and all consents and waivers by the required parties in order to allow MorAmerica Capital Corporation ("MorAmerica") to validly pledge and grant to Cedar Rapids Bank & Trust ("Bank") a security interest in the securities or instruments identified on Schedule 2 attached. Each of the securities and instruments listed on Schedule 2 are subject to some form of restriction on the transferability or pledge or hypothecation of those instruments.
