0001144204-07-012038 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • March 9th, 2007 • Mod Pac Corp • Paperboard mills • New York

This Indemnification Agreement (this “Agreement”) is made as of the 7th day of March, 2007 by and between MOD-PAC CORP., a New York corporation (the “Corporation”) and PHILIP C. RECHIN (“Indemnitee”), a director, officer or key employee of the Corporation.

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LOAN AGREEMENT
Loan Agreement • March 9th, 2007 • Mod Pac Corp • Paperboard mills • New York

THIS AGREEMENT (as the same may be amended, restated or otherwise modified, the “Agreement”) is made this 8th day of March, 2007, between MOD-PAC CORP., a New York corporation with offices at 1801 Elmwood Avenue, Buffalo, New York 14207 (“Borrower”) and KEYBANK NATIONAL ASSOCIATION, a national banking association, with offices at 50 Fountain Plaza, Buffalo, New York 14202, and its successors and assigns (“Lender”).

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