COMMERCIAL SECURITY AGREEMENTCommercial Security Agreement • May 1st, 2009 • Broadwind Energy, Inc. • Nonferrous foundries (castings) • South Dakota
References in the boxes above are for Lender’s use only and do not limit the applicability of this document to any particular loan or item. Any item above containing “***” has been omitted due to text length limitations.
LETTER AGREEMENT MODIFYING THE TERMS OF CERTAIN LOAN DOCUMENTS BY AND AMONG GREAT WESTERN BANK, LENDER, TOWER TECH SYSTEMS INC., BORROWER, AND BROADWIND ENERGY, INC., GUARANTORLetter Agreement • May 1st, 2009 • Broadwind Energy, Inc. • Nonferrous foundries (castings)
This Letter Agreement (“Agreement”) dated April 28, 2009, by and among Great Western Bank (“Lender”), Tower Tech Systems Inc. (“Borrower”) and Broadwind Energy, Inc. (“Guarantor”) is intended to modify certain terms, provisions, and conditions of certain loan documents (the “Loan Documents”), each dated of even date herewith, executed in connection with that certain construction loan (the “Loan”) being made by Lender to Borrower for the purpose of constructing a manufacturing facility in Brandon, South Dakota (the “Project”) on land legally described on Exhibit A attached hereto. Repayment of the Loan is to be guarantied by Guarantor to the extent provided in the Guaranty.
SUBORDINATION AGREEMENTSubordination Agreement • May 1st, 2009 • Broadwind Energy, Inc. • Nonferrous foundries (castings) • South Dakota
THIS SUBORDINATION AGREEMENT (the “Agreement”) is made and entered into this 27th day of April, 2009, by and between Great Western Bank, a banking corporation chartered under the laws of the State of South Dakota with an address of 200 East 10th Street, Suite 100, P.O. Box 2345, Sioux Falls, South Dakota 57101 (“Great Western”), and Broadwind Energy, Inc., a Delaware corporation with an address of 47 East Chicago Avenue, Suite 332, Naperville, Illinois 60540 (“Broadwind”).
SEPARATION AGREEMENT AND RELEASESeparation Agreement and Release • May 1st, 2009 • Broadwind Energy, Inc. • Nonferrous foundries (castings) • Illinois
This SEPARATION AGREEMENT AND RELEASE (this “Agreement”) is made and entered into as of the 30th day of April, 2009, by and between Broadwind Energy, Inc. (the “Company”) and Matthew Gadow (the “Executive”).
