ContractWarrant Agreement • November 18th, 2002 • JLM Industries Inc • Wholesale-chemicals & allied products • New York
THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF UNLESS REGISTERED UNDER THE SECURITIES ACT AND UNDER APPLICABLE STATE SECURITIES LAWS OR JLM INDUSTRIES, INC. SHALL HAVE RECEIVED AN OPINION OF ITS COUNSEL THAT REGISTRATION OF SUCH SECURITIES UNDER THE SECURITIES ACT AND UNDER THE PROVISIONS OF APPLICABLE STATE SECURITIES LAWS IS NOT REQUIRED.
SECURITY AGREEMENT AND GUARANTYSecurity Agreement • November 18th, 2002 • JLM Industries Inc • Wholesale-chemicals & allied products
This SECURITY AGREEMENT AND GUARANTY (“Agreement”) is entered into as of the 26th day of August, 2002 by and among JLM INDUSTRIES (SOUTH AFRICA) (PROPRIETARY) LIMITED (“JLM SA”), a company organized under the laws of South Africa and a wholly-owned subsidiary of JLM Industries, Inc. (the “Parent”), JLM CHEMICALS, INC. (“JLM Chemicals,” and together with JLM SA, the “Debtors”), a Delaware corporation and a wholly-owned subsidiary of the Parent, in favor of THE PHILIP S. SASSOWER 1996 CHARITABLE REMAINDER ANNUITY TRUST (the “Secured Party”).
