TAX INDEMNITY AND SHARING AGREEMENT BETWEEN THE LGL GROUP, INC. AND M-TRON INDUSTRIES, INC. Dated as of [●], 2022Tax Indemnity and Sharing Agreement • July 18th, 2022 • M-Tron Industries, Inc. • Electronic components, nec • Florida
THIS TAX INDEMNITY AND SHARING AGREEMENT (this “Agreement”) is dated as of [●], 2022, by and between The LGL Group, Inc., a Delaware corporation (“LGL”), and M-tron Industries, Inc., a Delaware corporation and a wholly-owned subsidiary of LGL (“Mtron”). Mtron and LGL are the “Parties.” Unless otherwise indicated, all “Section” references in this Agreement are to sections of this Agreement.
SEPARATION AND DISTRIBUTION AGREEMENTSeparation and Distribution Agreement • July 18th, 2022 • M-Tron Industries, Inc. • Electronic components, nec • Florida
THIS SEPARATION AND DISTRIBUTION AGREEMENT (this “Agreement”) is dated as of [●], 2022 between The LGL Group, Inc., a Delaware corporation (“LGL”), and M‑tron Industries, Inc., a Delaware corporation and, as of the date of this Agreement, a wholly owned subsidiary of LGL (“Mtron”). As used herein, LGL on the one hand, and Mtron, on the other hand, are sometimes referred to individually as a “Party”, or together, as “Parties”.
Security AgreementSecurity Agreement • July 18th, 2022 • M-Tron Industries, Inc. • Electronic components, nec • Florida
This Security Agreement (the "Agreement") is made as of June 15, 2022 by PIEZO TECHNOLOGY, INC., a Florida corporation (the "Debtor"), in favor of FIFTH THIRD BANK, NATIONAL ASSOCIATION (the "Secured Party"). Debtor and Secured Party hereby agree as follows:
TRANSITIONAL ADMINISTRATIVE AND MANAGEMENT SERVICES AGREEMENTTransitional Administrative and Management Services Agreement • July 18th, 2022 • M-Tron Industries, Inc. • Electronic components, nec • Florida
THIS TRANSITIONAL ADMINISTRATIVE AND MANAGEMENT SERVICES AGREEMENT (this “Agreement”) is dated as of [●], 2022, between The LGL Group, Inc., a Delaware corporation (“LGL”), and M-tron Industries, Inc., a Delaware corporation (“Mtron”, and together with LGL, “Parties”, or each individually, a “Party”).
CREDIT AGREEMENTCredit Agreement • July 18th, 2022 • M-Tron Industries, Inc. • Electronic components, nec • Florida
THIS CREDIT AGREEMENT dated as of June 15, 2022, by and between M‑TRON INDUSTRIES, INC., a Delaware corporation, and PIEZO TECHNOLOGY, INC., a Florida corporation (collectively, the “Borrower”), and FIFTH THIRD BANK, NATIONAL ASSOCIATION (the “Lender”), is as follows:
