SECOND AMENDED AND RESTATED GENERAL SECURITY AGREEMENTGeneral Security Agreement • March 31st, 2006 • Simclar Inc • Electronic components, nec • Florida
THIS SECOND AMENDED AND RESTATED GENERAL SECURITY AGREEMENT dated as of February 23, 2006 (this "Agreement"), between Simclar, Inc., a Florida corporation ("Simclar"), Simclar (Mexico) Inc, a Illinois corporation ("Simclar - Mexico"), Simclar Interconnect Technologies, Inc. ("SIT"), a Delaware corporation, Simclar De Mexico, S.A. de C.V., an entity organized under the laws of Mexico ("Simclar SA") (Simclar SA, SIT, Simclar and Simclar - Mexico shall be individually known as a "Grantor" and collectively as the "Grantors"), and The Governor and Company of the Bank of Scotland (the "Lender") of the Facility Letter in respect of a $5,650,000 term loan originally dated October 2, 2001, as amended on or around January 17, 2003, July 1, 2003, October 14, 2004 and on or around December 21, 2005, between Lender and Simclar (the "Term Loan Facility Letter"), the Facility Letter in respect of $5,000,000 working capital facilities originally dated October 2, 2001, as amended on July 25, 2002, Nove
EMPLOYMENT AGREEMENTEmployment Agreement • March 31st, 2006 • Simclar Inc • Electronic components, nec • Florida
THIS AGREEMENT, made and entered into this 22nd day of February 2006 by and between SIMCLAR, INC., a Florida corporation with its offices at 2230 West 77th Street, Hialeah, Florida 33016 (the “Company”) and BARRY PARDON, residing at 580 N.W. 66th Avenue, Plantation, Florida 33317 (the “Executive”).
TRANSITION SERVICES AGREEMENTTransition Services Agreement • March 31st, 2006 • Simclar Inc • Electronic components, nec • New York
THIS TRANSITION SERVICES AGREEMENT, dated as of February 24, 2006 (this “Agreement”), by and among LITTON SYSTEMS, INC., a Delaware corporation, (“Seller”), and Simclar, Inc., a Florida corporation, and its wholly-owned subsidiary Simclar Interconnect Technologies, Inc., a Delaware corporation (each a “Buyer” and collectively, the “Buyers”).
SHARE AND ASSET PURCHASE AND SALE AGREEMENT BY AND AMONGShare and Asset Purchase and Sale Agreement • March 31st, 2006 • Simclar Inc • Electronic components, nec • New York
LICENSE AGREEMENTLicense Agreement • March 31st, 2006 • Simclar Inc • Electronic components, nec
THIS LICENSE AGREEMENT (this “Agreement”) is made this 24th day of February, 2006, by and between Litton Systems, Inc., a Delaware corporation (hereinafter referred to as “Licensor”), Simclar, Inc., a Delaware corporation, and Simclar Interconnect Technologies Inc., a Delaware corporation (hereinafter collectively referred to as “Licensee”).
FIRST AMENDMENT TO THE SHARE AND ASSET PURCHASE AND SALE AGREEMENTShare and Asset Purchase and Sale Agreement • March 31st, 2006 • Simclar Inc • Electronic components, nec • New York
This First Amendment (this “Amendment”) to the Share and Asset Purchase and Sale Agreement, dated as of December 21, 2005 (the “Purchase Agreement”), is made as of this 24th day of February, 2006 by and among Litton Systems, Inc., Litton Systems International, Inc., and Litton U.K. Limited (each a “Seller” and, collectively, the “Sellers”) and Simclar Group Limited, Simclar Interconnect Technologies Limited, Simclar, Inc., and Simclar Interconnect Technologies, Inc. (each a “Buyer” and collectively, the “Buyers”).
THIRD AMENDED AND RESTATED PLEDGE AGREEMENTPledge Agreement • March 31st, 2006 • Simclar Inc • Electronic components, nec • Florida
THIS THIRD AMENDED AND RESTATED PLEDGE AGREEMENT dated as of February 23, 2006 (this "Agreement"), between Simclar, Inc., a Florida corporation ("Simclar"), Simclar (Mexico) Inc, a Illinois corporation ("Simclar - Mexico") (Simclar and Simclar - Mexico shall be individually known as a "Pledgor" and collectively as the "Pledgors"), and The Governor and Company of the Bank of Scotland ("Lender") of the Facility Letter in respect of a $5,650,000 term loan originally dated October 2, 2001, as amended on January 17, 2003, July 1, 2003, October 14, 2004 and on or around December 21, 2005, between Lender and Simclar (the "Term Loan Facility Letter"), the Facility Letter in respect of $5,000,000 working capital facilities originally dated October 2, 2001, as amended on July 25, 2002, November 10, 2003, October 14, 2004 and on or around December 21, 2005, between the Lender and Simclar (the "Working Capital Facilities Letter") and the Facility Letter in respect of $1,000,000 additional working
