Repayment and Mutual Release Agreement Sample Contracts

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Repayment and Mutual Release Agreement • April 17th, 2002 • Ifr Systems Inc • Instruments for meas & testing of electricity & elec signals • Illinois

This REPAYMENT AND MUTUAL RELEASE AGREEMENT ("Agreement") is executed as of this th day of April, 2002, by and among IFR SYSTEMS, INC. (the "Borrower"), IFR AMERICAS, INC. and IFR FINANCE, INC. (together, the "Subsidiary Obligors"), the financial institutions parties to the Credit Agreement referred to below as lenders (the "Lenders"), and BANK ONE, NA, formerly known as THE FIRST NATIONAL BANK OF CHICAGO, in its capacity as contractual representative (the "Agent"). Terms defined in the Credit Agreement identified below shall have the meanings set forth in such Credit Agreement unless such terms are otherwise specifically defined herein.

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