EMPLOYMENT AGREEMENTEmployment Agreement • March 16th, 2010 • Ultralife Corp • Miscellaneous electrical machinery, equipment & supplies • New York
This Employment Agreement (the “Agreement”) is entered into on July 6, 2009, by and between Peter F. Comerford, an individual (“Executive”) and Ultralife Corporation, a Delaware corporation (the “Company”).
NEGATIVE PLEDGE — REAL PROPERTYCredit Agreement • March 16th, 2010 • Ultralife Corp • Miscellaneous electrical machinery, equipment & supplies • Delaware
Ultralife Corporation, a Delaware corporation, (the “Borrower”) is now or hereafter may be indebted to RBS Business Capital, a division of RBS Asset Finance, Inc. (the “Lender”) and has agreed to enter into a certain Credit Agreement of even date herewith (as such agreement may be further amended, modified or supplemented from time to time, the “Credit Agreement”). Unless otherwise defined herein, terms shall have the meaning as defined in the Credit Agreement. Further, if any provision contained herein is in conflict with, or inconsistent with, any provision in the Credit Agreement, the provision contained in the Credit Agreement shall govern and control.
FORBEARANCE AND AMENDMENT NUMBER TWO TO AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • March 16th, 2010 • Ultralife Corp • Miscellaneous electrical machinery, equipment & supplies • New York
This Forbearance and Amendment Number Two to Amended and Restated Credit Agreement (this “Agreement”) is made and entered into as of January 22, 2010, by and between Ultralife Corporation (formerly known as Ultralife Batteries, Inc.) (“Borrower”) and JPMorgan Chase Bank, N.A., as Administrative Agent for itself and the other lenders under the facility (each a “Lender” and collectively, the “Lenders”) (in such capacity, the “Agent”).
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • March 16th, 2010 • Ultralife Corp • Miscellaneous electrical machinery, equipment & supplies • New York
THIS PLEDGE AND SECURITY AGREEMENT (this “Pledge Agreement”) is made as of the 17th day of February, 2010, by and between ULTRALIFE CORPORATION, a Delaware corporation (referred to herein as “Pledgor”), in favor of RBS BUSINESS CAPITAL, a division of RBS ASSET FINANCE, INC. (“Lender”) under the Credit Agreement referred to below.
TRADEMARK SECURITY AGREEMENTTrademark Security Agreement • March 16th, 2010 • Ultralife Corp • Miscellaneous electrical machinery, equipment & supplies • New York
AGREEMENT (this “Trademark Security Agreement”) made as of the 17th day of February, 2010, between ULTRALIFE CORPORATION, a Delaware corporation with its principal office at 2000 Technology Parkway, Newark, New York 14513(the “Debtor”) and RBS BUSINESS CAPITAL, a division of RBS Asset Finance, Inc., a New York corporation (the “Secured Party”) with an office at 525 William Penn Place, Pittsburgh, Pennsylvania 15219.
PATENTS SECURITY AGREEMENTPatents Security Agreement • March 16th, 2010 • Ultralife Corp • Miscellaneous electrical machinery, equipment & supplies • New York
AGREEMENT (this “Patents Security Agreement”) made as of the 17th day of February, 2010, between ULTRALIFE CORPORATION, a Delaware corporation with its principal office at 2000 Technology Parkway, Newark, New York 14513 (the “Debtor”) and RBS BUSINESS CAPITAL, a division of RBS Asset Finance, Inc., (the “Secured Party”), with an office at 525 William Penn Place, Pittsburgh, Pennsylvania 15219.
CREDIT AGREEMENT by and among ULTRALIFE CORPORATION, McDOWELL RESEARCH CO., INC., REDBLACK COMMUNICATIONS, INC., AND STATIONARY POWER SERVICES, INC. and RBS BUSINESS CAPITAL, a division of RBS ASSET FINANCE, INC. DATED AS OF FEBRUARY 17, 2010Credit Agreement • March 16th, 2010 • Ultralife Corp • Miscellaneous electrical machinery, equipment & supplies • New York
THIS CREDIT AGREEMENT, dated as of February 17, 2010, by and between ULTRALIFE CORPORATION, a Delaware corporation (“Ultralife”), McDOWELL RESEARCH CO., INC., a Delaware corporation (“McDowell”), REDBLACK COMMUNICATIONS, INC., a Maryland corporation (“RedBlack Communications”), and STATIONARY POWER SERVICES, INC., a Florida corporation (“Stationary Power Services”, and together with Ultralife, McDowell and RedBlack Communications, each individually a “Borrower” and collectively, the “Borrowers” as hereinafter further defined).
SECURITY AGREEMENTSecurity Agreement • March 16th, 2010 • Ultralife Corp • Miscellaneous electrical machinery, equipment & supplies • New York
THIS SECURITY AGREEMENT (this “Security Agreement”), made and entered into as of the 17th day of February, 2010, by , a corporation (the “Debtor”), and RBS BUSINESS CAPITAL, a division of RBS Asset Finance, Inc., a New York corporation (the “Secured Party”).
REVOLVING CREDIT NOTEUltralife Corp • March 16th, 2010 • Miscellaneous electrical machinery, equipment & supplies • New York
This Revolving Credit Note (this “Revolving Credit Note”) is executed and delivered pursuant to the terms of that certain Credit Agreement dated as of February 17, 2010 (together with all extensions, renewals, amendments, modifications, supplements, substitutions or replacements the “Credit Agreement”) by and between ULTRALIFE CORPORATION, a Delaware corporation (“Ultralife”), McDOWELL RESEARCH CO., INC., a Delaware corporation (“McDowell”), REDBLACK COMMUNICATIONS, INC., a Maryland corporation (“RedBlack Communications”), and STATIONARY POWER SERVICES, INC., a Florida corporation (“Stationary Power Services”, and together with Ultralife, McDowell and RedBlack Communications, each individually a “Borrower” and collectively, the “Borrowers”), and RBS BUSINESS CAPITAL, a division of RBS Asset Finance, Inc., a New York corporation (the “Lender”).
