LOAN AND SECURITY AGREEMENT dated as of February 6, 2009 among LIFEWAY FOODS, INC., FRESH MADE, INC., LFI ENTERPRISES, INC., HELIOS NUTRITION LIMITED, PRIDE OF MAIN STREET DAIRY, LLC and STARFRUIT, LLC, as the Borrowers and THE PRIVATEBANK AND TRUST...Loan and Security Agreement • February 13th, 2009 • Lifeway Foods Inc • Dairy products
REVOLVING NOTERevolving Note • February 13th, 2009 • Lifeway Foods Inc • Dairy products
This Note evidences those certain Loans under the Revolving Loan Commitment made from time to time to Borrowers by Lender under the Loan Agreement, and Borrowers hereby promise to pay interest at the office described above on the Loans evidenced hereby at the rates and at the times and in the manner specified therefor in the Loan Agreement.
REAL PROPERTY PURCHASE AGREEMENTReal Property Purchase Agreement • February 13th, 2009 • Lifeway Foods Inc • Dairy products • Pennsylvania
THIS REAL PROPERTY PURCHASE AGREEMENT (this “Agreement”) is made as of the 6th day of February 2009, by and between ILYA MANDEL, a married individual, and MICHAEL EDELSON, a married individual (collectively, “Seller”), and LIFEWAY FOODS, INC., an Illinois corporation or its nominee or permitted assignee (“Purchaser”). The Closing Date of this Agreement is set forth in Section 13 below.
TERM NOTETerm Note • February 13th, 2009 • Lifeway Foods Inc • Dairy products
This Note evidences the Term Loan made to Borrowers by the Lender under the Loan Agreement, and Borrowers hereby promise to pay interest at the office described above on the Loan evidenced hereby at the rates and at the times and in the manner specified therefor in the Loan Agreement.
STOCK PURCHASE AGREEMENT among LIFEWAY FOODS, INC. (“Buyer”) and ILYA MANDEL and MICHAEL EDELSON (“Sellers”) February 6, 2009Stock Purchase Agreement • February 13th, 2009 • Lifeway Foods Inc • Dairy products • Pennsylvania
THIS STOCK PURCHASE AGREEMENT (“Agreement”) is entered as of the 6TH day of February, 2009, by and among Lifeway Foods, Inc., an Illinois corporation (“Buyer”), Ilya Mandel, an individual and Michael Edelson, an individual (each, a “Seller,” and collectively “Sellers”) and is supplemented by that certain Forbearance Agreement dated January 30, 2009 (the “Forbearance Agreement”) incorporated by reference herein.
