SENIOR LOAN AGREEMENTSenior Loan Agreement • May 23rd, 2013 • Heatwurx, Inc. • Construction machinery & equip • Delaware
This Senior Loan Agreement (the “Agreement”) dated May 22, 2013, is by and among Justin Yorke, as the lenders’ representative, (the “Lenders’ Representative”), and the lenders listed on Exhibit 1 attached hereto (with the Lenders’ Representative, collectively, the “Lenders”) on the one hand, and Heatwurx Inc., a Delaware corporation (“Borrower”), on the other hand.
SUBORDINATION AGREEMENTSubordination Agreement • May 23rd, 2013 • Heatwurx, Inc. • Construction machinery & equip • Delaware
THIS SUBORDINATION AGREEMENT (“Subordination Agreement”) is made this 22nd day of May, 2013, under the laws of the State of Delaware, between JUSTIN YORKE, as the representative of the bridge lenders (the “Senior Lenders’ Representative”) listed on Exhibit A attached hereto (the “Senior Lenders”), whose legal address is 4 Richland Place, Pasadena, California 91103 and RICHARD GILES, whose legal address is 6300 Sagewood Drive, Suite 400, Park City, Utah 84098 (the “Junior Lender”).
