GRANT OF SECURITY INTEREST IN U. S. PATENTPatent Security Agreement • June 17th, 2004 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals
WHEREAS, TieTek Technologies, Inc. (formerly known as TieTek, Inc.), a Texas corporation, with offices located at 14315 West Hardy Road, Houston, Texas 77060 (“Grantor”); and Tie Investors, LLC, a Texas limited liability company, with offices located at 5949 Sherry Lane, Suite 1900, Dallas, Texas 75225 (“Grantee”), are parties to a certain Patent Security Agreement, dated March 5, 2004 (the “Agreement”), which is incorporated herein by reference;
GRANT OF SECURITY INTEREST INPatent Security Agreement • June 17th, 2004 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals
WHEREAS, TieTek Technologies, Inc. (formerly known as TieTek, Inc.), a Texas corporation, with offices located at 14315 West Hardy Road, Houston, Texas 77060 (“Grantor”); and Tie Investors, LLC, a Texas limited liability company, with offices located at 5949 Sherry Lane, Suite 1900, Dallas, Texas 75225 (“Grantee”), are parties to a certain Patent Security Agreement, dated February 5, 2004 (the “Agreement”), which is incorporated herein by reference;
PROMISSORY NOTEPromissory Note • June 17th, 2004 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals
FOR VALUE RECEIVED, the undersigned, NORTH AMERICAN TECHNOLOGIES GROUP, INC., a Delaware corporation, TIETEK TECHNOLOGIES, INC., a Texas corporation, and TIETEK LLC, a Delaware limited liability company (herein, collectively and jointly and severally, “Maker”), hereby promise to pay to the order of TIE INVESTORS, LLC, a Texas limited liability company (herein sometimes called “Payee”), the principal sum of Fourteen Million Dollars ($14,000,000), or so much thereof from time to time outstanding as shall be advanced, with interest on the unpaid balance thereof from date of advancement until maturity at the rate or rates hereinafter provided, both principal and interest payable as hereinafter provided in lawful money of the United States of America at the offices of Payee at 5949 Sherry Lane, Suite 1900, Dallas, Texas 75225, or at such other place within Dallas County, Texas, as from time to time may be designated by the holder of this Note.
GRANT OF SECURITY INTEREST IN U.S. TRADEMARK REGISTRATIONS AND APPLICATIONSGrant of Security Interest • June 17th, 2004 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals
WHEREAS, TieTek Technologies, Inc. (formerly known as TieTek, Inc.), a Texas corporation, with offices located at 14315 West Hardy Road, Houston, Texas 77060 (“Grantor”); and Tie Investors, LLC, a Texas limited liability company, with offices located at 5949 Sherry Lane, Suite 1900, Dallas, Texas 75225 (the “Secured Party”) are parties to that certain Patent Security Agreement (the “Agreement”), which is incorporated herein by reference;
CONSTRUCTION LOAN AGREEMENTConstruction Loan Agreement • June 17th, 2004 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals
This agreement (“Agreement”) is made and entered into this 5/th/ day of February, 2004, by and among NORTH AMERICAN TECHNOLOGIES GROUP, INC. (“NATK”), a Delaware corporation, TIETEK TECHNOLOGIES, INC. (“TTT”), a Texas corporation, and TIETEK LLC (“TieTek”), a Delaware limited liability company, and TIE INVESTORS, LLC (“Tie Investors”), a Texas limited liability company. NATK, TTT and TieTek are hereinafter collectively, and jointly and severally, called “Borrower,” and Tie Investors is hereinafter called “Lender.”
PATENT SECURITY AGREEMENTPatent Security Agreement • June 17th, 2004 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals • Texas
PATENT SECURITY AGREEMENT, dated as of February 5, 2004, among NORTH AMERICAN TECHNOLOGIES GROUP, INC., a Delaware corporation, TIETEK TECHNOLOGIES, INC., a Texas corporation, and TieTek LLC, a Delaware limited liability company (collectively and jointly and severally, “Debtor”), and Tie Investors, LLC, a Texas limited liability company (the “Secured Party”).
SECURITY AGREEMENTSecurity Agreement • June 17th, 2004 • North American Technologies Group Inc /Mi/ • Industrial organic chemicals • Texas
SECURITY AGREEMENT, dated as of February 5, 2004, between North American Technologies Group, Inc., a Delaware corporation, TieTek Technologies, Inc., a Texas Corporation, and TieTek LLC, a Delaware limited liability company (collectively and jointly and severally the “Debtor”), and Tie Investors, LLC, a Texas limited liability company (the “Secured Party”).
