EARNOUT AGREEMENTEarnout Agreement • June 16th, 2005 • Micronetics Inc • Electronic components, nec • New Jersey
This Earnout Agreement (“Agreement”) is made and entered into as of June 10, 2005 by and among MICRONETICS, INC., a Delaware corporation (“Micronetics”); STEALTH MICROWAVE, INC., a New Jersey corporation (“Stealth”); the undersigned former stockholders of Stealth (collectively, the “Sellers”); and Stephen N. Barthelmes Sr., Stephen N. Barthelmes Jr., and Brian E. Eggleston as the representatives of the Sellers (the “Sellers’ Committee”).
MICRONETICS, INC and the STOCKHOLDERS OF STEALTH MICROWAVE, INC. WHO ARE SIGNATORIES HERETO Dated as of June 10, 2005Stock Purchase Agreement • June 16th, 2005 • Micronetics Inc • Electronic components, nec • New Jersey
STOCK PURCHASE AGREEMENT, dated as of June 10, 2005 (this “Agreement”), by and among MICRONETICS, INC, a Delaware corporation (the “Buyer”); and the undersigned Stockholders (the “Sellers”) of STEALTH MICROWAVE, INC., a New Jersey corporation (“Stealth”).
TERM LOAN AND SECURITY AGREEMENTTerm Loan and Security Agreement • June 16th, 2005 • Micronetics Inc • Electronic components, nec • New Hampshire
This Agreement is made as of this 10th day of June, 2005, by and between Micronetics, Inc., a Delaware corporation with an address of 26 Hampshire Drive, Hudson, New Hampshire 03051 (the “Debtor”), and TD Banknorth, N.A., a national banking association, with its principal New Hampshire office at 300 Franklin Street, Manchester, New Hampshire and a mailing address of P.O. Box 600, Manchester, New Hampshire 03105-0600 (the “Secured Party”).
