0000928385-02-002270 Sample Contracts

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WITNESSETH ----------
Retention Agreement • June 12th, 2002 • MTC Technologies Inc • Services-computer integrated systems design • Ohio
RECITALS
Indemnification Agreement • June 12th, 2002 • MTC Technologies Inc • Services-computer integrated systems design • Delaware
Neal J. Hinker Senior Vice President May 2, 2002 Rajesh K. Soin Modern Technologies Corp. 33 W. First St. Dayton, OH 45402 Dear Raj: Modern Technologies Corp. ("Company") entered into a Credit Agreement, dated December 28, 2001, with National City...
MTC Technologies Inc • June 12th, 2002 • Services-computer integrated systems design

Modern Technologies Corp. ("Company") entered into a Credit Agreement, dated December 28, 2001, with National City Bank and The Provident Bank ("Banks"). This Credit Agreement required the Company to comply with certain covenants. Draft financial statements for the period ending December 31, 2001 have been received and financial covenants have been calculated and compared to requirements.

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