0001003297-03-000481 Sample Contracts

FINANCING AND SECURITY AGREEMENT
Financing Agreement • December 15th, 2003 • Argan Inc • General industrial machinery & equipment, nec

THIS FINANCING AND SECURITY AGREEMENT (this "Agreement") is made this 19th day of August, 2003, by and among PUROFLOW INCORPORATED, a corporation organized under the laws of the State of Delaware ("Puroflow") and SOUTHERN MARYLAND CABLE, INC., a corporation organized under the laws of the State of Delaware ("SMC") jointly and severally (each of Puroflow and SMC, a "Borrower"; Puroflow and SMC, collectively, the "Borrowers"); and BANK OF AMERICA, N.A., a national banking association ("Lender").

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