0001144204-07-031250 Sample Contracts

Contract
Revolving Note • June 11th, 2007 • Span America Medical Systems Inc • Orthopedic, prosthetic & surgical appliances & supplies • South Carolina

THIS AGREEMENT IS SUBJECT TO ARBITRATION PURSUANT TO THE FEDERAL ARBITRATION ACT AND IF THE FEDERAL ARBITRATION ACT IS INAPPLICABLE, THE SOUTH CAROLINA UNIFORM ARBITRATION ACT, § 15-48-10, ET. SEQ., CODE OF LAWS OF SOUTH CAROLINA (1976), AS AMENDED.

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THIS AGREEMENT IS SUBJECT TO ARBITRATION PURSUANT TO THE FEDERAL ARBITRATION ACT AND IF THE FEDERAL ARBITRATION ACT IS INAPPLICABLE, THE SOUTH CAROLINA UNIFORM ARBITRATION ACT, § 15-48-10, ET. SEQ., CODE OF LAWS OF SOUTH CAROLINA (1976), AS AMENDED.
Negative Pledge Agreement • June 11th, 2007 • Span America Medical Systems Inc • Orthopedic, prosthetic & surgical appliances & supplies

THIS NEGATIVE PLEDGE AGREEMENT (“Negative Pledge”) is entered into this 5th day of June, 2007, by Span-America Medical Systems, Inc. (“Borrower”) to Carolina First Bank ("Bank").

LOAN AGREEMENT
Loan Agreement • June 11th, 2007 • Span America Medical Systems Inc • Orthopedic, prosthetic & surgical appliances & supplies • South Carolina

THIS LOAN AGREEMENT (the “Loan Agreement” or “Agreement”) is made and entered into on the 5th day of June, 2007, by and between Carolina First Bank, a South Carolina banking corporation (“Lender”), and Span-America Medical Systems, Inc., a South Carolina corporation (“Borrower”) (collectively, the “Parties” and each a “Party”).

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