0001185185-13-002028 Sample Contracts

SECURITY AGREEMENT
Security Agreement • September 12th, 2013 • Arotech Corp • Miscellaneous electrical machinery, equipment & supplies • Michigan

THIS SECURITY AGREEMENT (this "Agreement") is executed and delivered as of April 30, 2012 by FAAC INCORPORATED, a Michigan corporation, (the "Grantor"), with an address at 1229 Oak Valley Drive, Ann Arbor, Michigan 48108, in favor of FIFTH THIRD BANK (the "Bank"), with an address at 217 East Washington Street, Ann Arbor, Michigan 48104.

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CREDIT AGREEMENT
Credit Agreement • September 12th, 2013 • Arotech Corp • Miscellaneous electrical machinery, equipment & supplies • Michigan

This Credit Agreement (this "Agreement"), entered into as of April 30, 2012 by and between FAAC INCORPORATED, a Michigan corporation, ("Borrower"), AROTECH CORPORATION, a Delaware corporation, ("Parent") and FIFTH THIRD BANK, an Ohio banking corporation ("Lender"), is as follows:

AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • September 12th, 2013 • Arotech Corp • Miscellaneous electrical machinery, equipment & supplies • Michigan

THIS AMENDMENT TO CREDIT AGREEMENT, dated as of February 22, 2013 (this "Amendment"), is among FAAC INCORPORATED, a Michigan corporation, ("Borrower"), AROTECH CORPORATION, a Delaware corporation, ("Parent") and FIFTH THIRD BANK, an Ohio banking corporation (the "Lender").

GUARANTY ALL INDEBTEDNESS
Guaranty • September 12th, 2013 • Arotech Corp • Miscellaneous electrical machinery, equipment & supplies • Michigan

THIS GUARANTY is made on April 30, 2012, by Arotech Corporation, a Delaware corporation (“Arotech”), with an address of 1229 Oak Valley Drive, Ann Arbor, Michigan 48108 and Electric Fuel Battery Corporation, a Delaware corporation (“Electric Fuel”), with an address of 354 Industry Drive, Auburn, AL (Arotech and Electric Fuel are collectively called “Guarantors”, and each individually called a “Guarantor”), to, with and in favor of Fifth Third Bank, an Ohio banking corporation (together with all of its affiliates, including Fifth Third Bancorp and their successors and assigns, collectively referred to as the "Bank"), whose address is 1000 Town Center, Suite 1500, Southfield, Michigan 48075.

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