0001104659-07-056167 Sample Contracts

MASTER REAFFIRMATION AND AMENDMENT NO. 3 TO LOAN DOCUMENTS
Loan Agreement • July 25th, 2007 • Axsys Technologies Inc • Optical instruments & lenses

THIS MASTER REAFFIRMATION AND AMENDMENT NO. 3 TO LOAN DOCUMENTS (this “Agreement”) is made this 10th day of April, 2007, by and among AXSYS TECHNOLGIES, INC., a Delaware corporation (the “Borrower”), SPEEDRING SYSTEMS, INC., a Delaware corporation (“Systems”), SPEEDRING, LLC, a Delaware limited liability company initially organized as a Delaware corporation under the name “Speedring, Inc.” (“Speedring”), AXSYS TECHNOLOGIES IR SYSTEMS, INC., a New York corporation formerly known as Diversified Optical Products, Inc. (“ATS” and together with Systems and Speedring, the “Existing Guarantors”), and BANK OF AMERICA, N.A. (the “Lender”), as successor by merger to Fleet National Bank, a Bank of America Company.

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ASSET PURCHASE AGREEMENT by and among AXSYS TECHNOLOGIES IR SYSTEMS, INC., AXSYS TECHNOLOGIES, INC., CINEFLEX, LLC, HELINET AVIATION SERVICES, LLC, JOHN COYLE and ALAN D. PURWIN Dated as of April 13, 2007
Asset Purchase Agreement • July 25th, 2007 • Axsys Technologies Inc • Optical instruments & lenses • New York

THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of April 13, 2007, is by and among Axsys Technologies IR Systems, Inc., a New York corporation (“Buyer”), Axsys Technologies, Inc., a Delaware corporation and the parent corporation of Buyer (“Axsys”), Cineflex, LLC, a California limited liability company (“Seller”), and Helinet Aviation Services, LLC, a Delaware limited liability company (“Helinet”), John Coyle and Alan D. Purwin (Helinet, Coyle and Purwin, collectively, “Shareholders”). Seller and Shareholders are collectively referred to as “Seller Group”.

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