GUARANTY AGREEMENTGuaranty Agreement • December 16th, 2013 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods • New York
THIS GUARANTY AGREEMENT (“Guaranty Agreement”), dated as of December 10, 2013, is executed and delivered by Richard J. Kurtz, an individual (“Guarantor”) to Enhanced Credit Supported Loan Fund, LP, as Agent under the Note Purchase Agreement (“Agent”), as follows:
LAPOLLA INDUSTRIES, INC. $7,200,000 SUBORDINATED SECURED FIXED RATE NOTES NOTE PURCHASE AGREEMENT _____________________________ DATED AS OF DECEMBER 10, 2013 NOTE PURCHASE AGREEMENTNote Purchase Agreement • December 16th, 2013 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods • New York
THIS NOTE PURCHASE AGREEMENT (this “Agreement”), dated as of December 10, 2013, is between LAPOLLA INDUSTRIES, INC., a Delaware corporation (the “Borrower”), ENHANCED JOBS FOR TEXAS FUND, LLC, a Delaware limited liability company (“Enhanced Texas”), and ENHANCED CREDIT SUPPORTED LOAN FUND, LP, a Delaware limited partnership (“Enhanced Credit,” and together with Enhanced Texas and any Assignee, each a “Purchaser” and together the “Purchasers”).
SECURITY AGREEMENTSecurity Agreement • December 16th, 2013 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods • New York
This SECURITY AGREEMENT, dated as of December 10, 2013 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this “Agreement”), is made by and between the Pledgors listed on the signature pages hereto or from time to time party hereto by execution of a joinder agreement (the “Pledgors,” and each, a “Pledgor”), as grantors, pledgors, assignors and debtors, in favor of Enhanced Credit Supported Loan Fund, LP, a Delaware limited partnership, as Agent for the Purchasers party to the Note Purchase Agreement referred to below (in such capacity, the “Agent”), for the benefit of the Purchasers and the Agent (the “Secured Parties”).
TENTH AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • December 16th, 2013 • Lapolla Industries Inc • Paints, varnishes, lacquers, enamels & allied prods • Texas
THIS TENTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (“Amendment”), dated as of December 10, 2013 (the “Amendment Date”), is between LAPOLLA INDUSTRIES, INC. (“Borrower”) and BANK OF AMERICA, N.A., a national banking association (“Lender”).
