0001437749-21-023953 Sample Contracts

SALE AND PURCHASE AGREEMENT FOR PREFERRED MEMBERSHIP INTEREST UNITS IN BHCMC, L.L.C.
Sale and Purchase Agreement • October 20th, 2021 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas

THIS SALE AND PURCHASE AGREEMENT FOR PREFERRED MEMBERSHIP INTEREST UNITS IN BHCMC L.L.C. (this "Agreement") is made as of September 13, 2021, by and between BHC Investment Company, L.C., a Kansas limited liability company ("BHC INV" or "Seller"), and Butler National Service Corporation, a Kansas corporation ("BNSC" or "Purchaser"). BHC INV and BNSC may be collectively referred to as the "Parties" herein.

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LOAN MODIFICATION AGREEMENT
Loan Modification Agreement • October 20th, 2021 • Butler National Corp • Services-miscellaneous amusement & recreation • Kansas

BHCRRE LLC, a Kansas limited liability company (individually, “Fee Owner”), and BHCMC, L.L.C., a Kansas limited liability company (individually, “Manager”, and collectively with Fee Owner, “Borrowers”),

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