0001104659-04-028465 Sample Contracts

LINE OF CREDIT AGREEMENT
Credit Agreement • September 24th, 2004 • Waters Instruments Inc • Power, distribution & specialty transformers • Minnesota

THIS TERM LOAN AND CREDIT AGREEMENT is made as of the 6 day of August, 2001, and is by and between WATERS INSTRUMENTS, INC., a Minnesota corporation with offices located in Plymouth, Minnesota (the “Borrower”), and WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, a national banking association with offices located in Rochester, Minnesota (the “Bank”).

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ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • September 24th, 2004 • Waters Instruments Inc • Power, distribution & specialty transformers • Minnesota

THIS ASSET PURCHASE AGREEMENT (the “Agreement”), dated effective March 19, 2004, is by and between Waters Network Systems, LLC (“Buyer”), a Minnesota limited liability company, and Waters Instruments, Inc. (“Seller”), a Minnesota corporation.

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