BACKGROUNDEmployment Agreement • March 26th, 1997 • Vaxcel Inc • Pharmaceutical preparations • Pennsylvania
1 EXHIBIT 10.19 SECURITY AGREEMENT THIS SECURITY AGREEMENT dated as of December 6, 1996 executed and delivered by ZYNAXIS, INC., a corporation organized under the laws of Pennsylvania, with its principal place of business and chief executive office...Security Agreement • March 26th, 1997 • Vaxcel Inc • Pharmaceutical preparations • Georgia
1 EXHIBIT 10.20 PLEDGE AGREEMENT THIS PLEDGE AGREEMENT dated as of December 6, 1996 by and between ZYNAXIS, INC., a Pennsylvania corporation (the "Pledgor") and CYTRX CORPORATION, a Delaware corporation (the "Pledgee"). WHEREAS, pledgee has agreed to...Pledge Agreement • March 26th, 1997 • Vaxcel Inc • Pharmaceutical preparations • Georgia
1 EXHIBIT 10.17 SECURED LOAN AGREEMENT THIS LOAN AGREEMENT is dated December 6, 1996 between CytRx Corporation, a Delaware corporation ("CytRx"), and Zynaxis, Inc., a Pennsylvania corporation ("Zynaxis").Secured Loan Agreement • March 26th, 1997 • Vaxcel Inc • Pharmaceutical preparations • Georgia
GUARANTYVaxcel Inc • March 26th, 1997 • Pharmaceutical preparations • Georgia
ARTICLE II REPRESENTATIONS AND WARRANTIES OF ZYNAXISTechnology Development Agreement • March 26th, 1997 • Vaxcel Inc • Pharmaceutical preparations • Georgia
2 - 3 SECTION 4. DEBTOR'S RIGHT TO ENFORCE. So long as no Event of Default shall have occurred, the Secured Party will not exercise or enforce, or seek to exercise or enforce, or avail itself of, any of the rights, powers, privileges, authorizations...License Agreement • March 26th, 1997 • Vaxcel Inc • Pharmaceutical preparations • Georgia
2 - 3 THE UNDERSIGNED, AND HOLDER BY ACCEPTING THIS NOTE, EACH AGREE AND STIPULATE THAT THE ONLY CHARGE IMPOSED UPON THE UNDERSIGNED FOR THE USE OF MONEY IN CONNECTION WITH THIS NOTE IS AND SHALL BE THE INTEREST DESCRIBED ABOVE, AND FURTHER AGREE AND...License Agreement and the Pledge Agreement • March 26th, 1997 • Vaxcel Inc • Pharmaceutical preparations • Georgia
