0001213900-20-006089 Sample Contracts

LOAN AGREEMENT
Loan Agreement • March 12th, 2020 • Immucell Corp /De/ • In vitro & in vivo diagnostic substances • Maine

THIS LOAN AGREEMENT (“Agreement”) effective as of the 11th day of March, 2020, by and between IMMUCELL CORPORATION, a Delaware Corporation with a mailing address of 56 Evergreen Drive, Portland, Maine 04103 (hereinafter “Borrower”), and GORHAM SAVINGS BANK, a Maine banking company, with a mailing address of 10 Wentworth Drive, Gorham, Maine 04038, and its successors and assigns (the “Bank”).

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LINE OF CREDIT AGREEMENT (Working Capital Line)
Line of Credit Agreement • March 12th, 2020 • Immucell Corp /De/ • In vitro & in vivo diagnostic substances • Maine

THIS LINE OF CREDIT AGREEMENT is by and between IMMUCELL CORPORATION, a Delaware corporation with principal place of business at 56 Evergreen Drive, Portland, County of Cumberland and State of Maine (“Borrower”) and GORHAM SAVINGS BANK, a Maine banking corporation with a principal place of business at 10 Wentworth Drive, Gorham, Maine 04038 (“Lender”).

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