Secured Inventory Financing Agreement Sample Contracts

PALMLUND SECURED INVENTORY FINANCING AGREEMENT
Secured Inventory Financing Agreement • January 19th, 2006 • Viper Powersports Inc • Motorcycles, bicycles & parts • Minnesota

THIS AGREEMENT, made and effective this 25th day of October, 2005, by and between VIPER MOTORCYCLE COMPANY, a Minnesota corporation with principal offices located at 5733 International Parkway, New Hope, MN 55428 (“Viper”), and David W. Palmlund, III, with principal offices located at 5323 Swiss Avenue, Dallas, Texas 75214 (“Lender”).

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VIPER MOTORCYCLE COMPANY AMENDMENT TO SECURED INVENTORY FINANCING AGREEMENT
Secured Inventory Financing Agreement • March 31st, 2006 • Viper Powersports Inc • Motorcycles, bicycles & parts

The parties hereto entered into a Secured Inventory Financing Agreement, dated October 25, 2005 with Viper Motorcycle Company as the Maker and the undersigned Note holder, David W. Palmlund, III, in the original principal amount of $800,000.00.

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