FIFTH THIRD BANK TERM LOAN NOTETerm Loan Note • October 28th, 2010 • Bancinsurance Corp • Fire, marine & casualty insurance
This Note is one of the Notes issued pursuant to, and is entitled to the benefits of, the Credit Agreement dated as of October 27, 2010 (which, as it may be amended, modified, supplemented, extended, restated and replaced from time to time, is herein called the “Agreement”), between the Borrowers and the Lender, to which Agreement reference is hereby made for a statement of the terms and conditions governing this Note, including the terms and conditions under which this Note may be prepaid or its maturity date accelerated. This Note is secured pursuant to the Collateral Documents, all as more specifically described in the Agreement, and reference is made thereto for a statement of the terms and provisions thereof. Capitalized terms used herein and not otherwise defined herein are used with the meanings attributed to them in the Agreement.
CREDIT AGREEMENT Dated as of October 27, 2010 among BANCINSURANCE CORPORATION, FENIST, LLC AND FENIST ACQUISITION SUB, INC. “as Borrowers” and FIFTH THIRD BANK “as Lender”Credit Agreement • October 28th, 2010 • Bancinsurance Corp • Fire, marine & casualty insurance • Ohio
This Credit Agreement, dated as of October 27, 2010 is by and among Bancinsurance Corporation, an Ohio corporation (“Bancinsurance”), Fenist, LLC, an Ohio limited liability company (“Fenist”), Fenist Acquisition Sub, Inc., an Ohio corporation (“FASI”, together with Bancinsurance and Fenist, “Borrowers” or individually, “Borrower”), and Fifth Third Bank, an Ohio banking corporation.
STOCK PLEDGE AGREEMENTStock Pledge Agreement • October 28th, 2010 • Bancinsurance Corp • Fire, marine & casualty insurance • Ohio
This STOCK PLEDGE AGREEMENT (this “Agreement”) is made as of October 27, 2010 by Bancinsurance Corporation, an Ohio corporation (the “Pledgor”), in favor of Fifth Third Bank, an Ohio banking corporation (the “Bank”).
CONTINUING SECURITY AGREEMENTContinuing Security Agreement • October 28th, 2010 • Bancinsurance Corp • Fire, marine & casualty insurance • Ohio
This CONTINUING SECURITY AGREEMENT is entered into as of October 27, 2010 by and between , an Ohio , having its principal office at 250 East Broad Street, Columbus, Ohio 43215 (the “Debtor”), and Fifth Third Bank, having its principal office at 21 East State Street, Columbus, Ohio 43215 (the “Bank”).
FIFTH THIRD BANK REVOLVING LOAN NOTERevolving Loan Note • October 28th, 2010 • Bancinsurance Corp • Fire, marine & casualty insurance
This Note is one of the Notes issued pursuant to, and is entitled to the benefits of, the Credit Agreement dated as of October 27, 2010 (which, as it may be amended, modified, supplemented, extended, restated and replaced from time to time, is herein called the “Agreement”), between the Borrowers and the Lender, to which Agreement reference is hereby made for a statement of the terms and conditions governing this Note, including the terms and conditions under which this Note may be prepaid or its maturity date accelerated. This Note is secured pursuant to the Collateral Documents, all as more specifically described in the Agreement, and reference is made thereto for a statement of the terms and provisions thereof. Capitalized terms used herein and not otherwise defined herein are used with the meanings attributed to them in the Agreement.
