REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • July 11th, 2003 • Murdock Communications Corp • Telegraph & other message communications • Colorado
THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) dated as of June 30, 2003, and is by and between Polar Molecular Holding Corporation, a Delaware corporation (the “Company”), Murdock Communications Corporation, an Iowa Corporation (“MCC”), Daniel C. Cadle (“Cadle”), and Republic Credit Corporation I(“Republic”), John S. Rance, Steven E. Rance, Robert M. Upshaw, Fernando Ficachi, and Buckeye Retirement Co., L.L.C. (“Buckeye”) (each, a “Stockholder,” and collectively, the “Stockholders”).
FOURTH AMENDMENT TO COMPROMISE, SETTLEMENT, AND MUTUAL RELEASE AGREEMENTCompromise, Settlement, and Mutual Release Agreement • July 11th, 2003 • Murdock Communications Corp • Telegraph & other message communications
This Fourth Amendment and Modification to Compromise, Settlement, and Mutual Release Agreement is made as of June 30, 2003, between REPUBLIC CREDIT CORPORATION I, (“Republic”) of Denver, Colorado (Creditor), and MURDOCK COMMUNICATIONS CORPORATION, (“MCC”) of Cedar Rapids, Iowa (Debtor), and SILENT WOMAN, L.L.C. (“SW”), of Cedar Rapids, Iowa. Republic, MCC, and SW shall collectively be referred to herein as the “Parties”.
FOURTH AMENDMENT TO THE LOAN EXTENSION AND RELEASE AND WAIVER AGREEMENTLoan Extension and Release and Waiver Agreement • July 11th, 2003 • Murdock Communications Corp • Telegraph & other message communications
This Fourth Amendment to the Loan Extension and Release and Waiver Agreement (this “Amendment”) is entered into by and between Polar Molecular Corporation, a Delaware corporation (the “Company”), and Affiliated Investments L.L.C., a Michigan limited liability company (the “Holder”), to be effective as of June 20, 2003.
SECOND AMENDMENT TO COMPROMISE, SETTLEMENT AND MUTUAL RELEASE AGREEMENTCompromise, Settlement and Mutual Release Agreement • July 11th, 2003 • Murdock Communications Corp • Telegraph & other message communications
This Second Amendment to Compromise, Settlement, and Mutual Release Agreement (“Amendment”) is made as of June 27, 2003, and entered into between Buckeye Retirement Co., L.L.C., Ltd. (“Buckeye”) of Newton Falls, Ohio, and Murdock Communications Corporation (“MCC”) of Cedar Rapids, Iowa, and Guy O. Murdock, an individual residing in Cedar Rapids, Iowa (“Murdock”). Buckeye, MCC, and Murdock may collectively be referred to herein as the “Parties”.
FIRST AMENDMENT TO MUTUAL SETTLEMENT AGREEMENT AND RELEASEMutual Settlement Agreement and Release • July 11th, 2003 • Murdock Communications Corp • Telegraph & other message communications
This First Amendment to Mutual Settlement Agreement and Release (“Amendment”) is made as of June 27, 2003, and entered into between John S. Rance, Steven E. Rance, Robert M. Upshaw, and Fernando Ficachi (referred to hereinafter as the “Rance Group”) and Berthel Fisher & Company, Thomas J. Berthel, Ronald O. Brendengen, Eugene I. Davis, Thomas E. Chaplin, Guy O. Murdock, Steven J. Ehlert, Murdock Communications Corporation (“MCC”) and any and all of MCC’s current and former directors, officers, agents, employees, (referred to hereinafter as the “Murdock Group”). The Rance Group and Murdock Group may be referred to herein individually as the “Party” or collectively as the “Parties”. Unless otherwise stated herein, all defined terms and abbreviations set forth in the Mutual Settlement Agreement and Release (the “Agreement”), shall have the same meanings herein.
Agreement Regarding Dispersal of Escrow Funds and Further Security InterestAgreement Regarding Dispersal of Escrow Funds and Further Security Interest • July 11th, 2003 • Murdock Communications Corp • Telegraph & other message communications • Michigan
Payment from Escrow Fund. To further induce Affiliated Investments, L.L.C. (the “Lender”) to extend or continue credit or some other benefit to Polar Molecular Corporation (the “Borrower”), in addition to the Fourth Amendment to the Loan Extension and Release and Waiver Agreement executed the same day as this Agreement, Polar agrees to pay to Lender from Borrower’s funds held in escrow by Berthel Fisher & Company Financial Services, Inc. (“Berthel”) relating to the exercise of Borrower’s warrants (the “Escrow Fund”)), at the closing of the merger of Borrower with a wholly owned subsidiary of Murdock Communications Corporation, the following amounts: the $75,000 loaned earlier this year, together with all unpaid interest accrued thereon (collectively, the “Amount Due at Closing”). Borrower agrees to pay all costs and expenses including, without limitation, all court costs and attorneys’ fees and expenses paid or incurred by the Lender in endeavoring to collect all or any part of the Amo
