SUBORDINATION AGREEMENT (2016 CTI–Shareholder Debt)Subordination Agreement • November 14th, 2016 • Cti Industries Corp • Fabricated rubber products, nec • Illinois
This Subordination Agreement made and entered into as of October 12, 2016, but effective as of September 30, 2016 (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is by and among CTI Industries CORPORATION, an Illinois corporation (the “Debtor”), Stephen M. Merrick, an individual (“Merrick”), John H. Schwan, an individual (“Schwan” and, together with Merrick, each a “Subordinated Creditor”), and BMO Harris Bank N.A., a national banking association (the “Bank”).
Amendment No. 9 to Credit AgreementCredit Agreement • November 14th, 2016 • Cti Industries Corp • Fabricated rubber products, nec • Illinois
This Amendment No. 9 to Credit Agreement is dated as of October 12, 2016, but effective as of September 30, 2016, and is between CTI Industries Corporation, an Illinois corporation (the “Borrower”); CTI Supply, Inc., an Illinois corporation f/k/a CTI Helium, Inc., and a Wholly-Owned Subsidiary of the Borrower, in its capacity as a guarantor (the “Subsidiary Guarantor”); and BMO Harris Bank N.A., a national banking association, successor to Harris N.A. (the “Bank”).
SUBORDINATION AGREEMENT (2016 CTI–Shareholder Debt)Subordination Agreement • November 14th, 2016 • Cti Industries Corp • Fabricated rubber products, nec • Illinois
This Subordination Agreement made and entered into as of October 12, 2016, but effective as of September 30, 2016 (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is by and among CTI Industries CORPORATION, an Illinois corporation (the “Debtor”), Stephen M. Merrick, an individual (“Merrick”), John H. Schwan, an individual (“Schwan” and, together with Merrick, each a “Subordinated Creditor”), and BMO PRIVATE EQUITY (U.S.), INC., a Delaware corporation (the “Purchaser”).
Amendment No. 4 to NOTE AND WARRANT PURCHASE AgreementNote and Warrant Purchase Agreement • November 14th, 2016 • Cti Industries Corp • Fabricated rubber products, nec • Illinois
This Amendment No. 4 to Note and Warrant Purchase Agreement is dated as of October 12, 2016, but effective as of September 30, 2016, and is between CTI Industries Corporation, an Illinois corporation (the “Company”); CTI Supply, Inc., an Illinois corporation f/k/a CTI Helium, Inc., and a Wholly-Owned Subsidiary of the Company, in its capacity as a guarantor (the “Subsidiary Guarantor”); and BMO PRIVATE EQUITY (U.S.), INC., a Delaware corporation (the “Purchaser”).
