International Absorbents Inc Sample Contracts

Between
Loan Agreement • April 3rd, 2003 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes)
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WITNESSETH:
Employment Agreement • April 3rd, 2003 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • British Columbia
BB&T GUARANTY AGREEMENT
Guaranty Agreement • September 9th, 2004 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • Georgia

As an inducement to Branch Banking and Trust Company ("Bank") to extend credit to and to otherwise deal with ABSORPTION CORP ("Borrower") and, in consideration thereof, the undersigned (and each of the undersigned jointly and severally if more than one) hereby absolutely and unconditionally guarantees to bank and its successors and assigns the due and punctual payment of any and all notes, drafts, debts, obligations and liabilities, primary or secondary (whether by way of endorsement or otherwise), of Borrower, at any time, now or hereafter, incurred with or held by Bank, together with interest, as and when the same become due and payable, whether by acceleration or otherwise, in accordance with the terms of any such notes, drafts, debts, obligations or liabilities or agreements evidencing any such indebtedness, obligation or liability including all renewals, extensions and modifications thereof. The obligation of the undersigned is a guarantee of payment and not of collection.

DOUGLAS ELLIS
Employment Agreement • April 1st, 2004 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • British Columbia
INTERNATIONAL ABSORBENTS INC. and COMPUTERSHARE TRUST COMPANY OF CANADA as Rights Agent SHAREHOLDER RIGHTS PLAN AGREEMENT June 11, 2009
Shareholder Rights Plan Agreement • September 11th, 2009 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • British Columbia

THIS AMENDED AND RESTATED SHAREHOLDER RIGHTS PLAN AGREEMENT (the “Rights Plan”) is made and entered into on June 10, 2009, between International Absorbents Inc. (the “Corporation”), a corporation incorporated under the laws of British Columbia, and Computershare Trust Company of Canada, a trust company incorporated under the laws of Canada, as Rights Agent (the “Rights Agent”, which term shall include any successor Rights Agent hereunder).

WITNESSETH:
Employment Agreement • April 6th, 2005 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • Washington
EXHIBIT 10.18 LEASE AGREEMENT
Lease Agreement • September 9th, 2004 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • Georgia
INTERNATIONAL ABSORBENTS INC. and PACIFIC CORPORATE TRUST COMPANY as Rights Agent SHAREHOLDER RIGHTS PLAN AGREEMENT May 1, 2006
Shareholder Rights Plan Agreement • May 12th, 2006 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • British Columbia

THIS AGREEMENT dated May 1, 2006 between International Absorbents Inc. (the “Corporation”), a corporation incorporated under the laws of British Columbia, and Pacific Corporate Trust Company, a trust company incorporated under the laws of British Columbia, as Rights Agent (the “Rights Agent”, which term shall include any successor Rights Agent hereunder).

BB&T LOAN AGREEMENT Absorption Corp. ------------------------------------------------------------ 9540018690
T Loan Agreement • December 11th, 2003 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • Georgia
AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • January 2nd, 2009 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • Washington

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into on December 30, 2008, by and between Absorption Corp., a Nevada Corporation (the “Company”), and Shawn Dooley, and individual resident of the State of Washington, USA (the “Executive”).

ARRANGEMENT AGREEMENT AMONG INTERNATIONAL ABSORBENTS INC.
Arrangement Agreement • December 15th, 2009 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • Delaware

This ARRANGEMENT AGREEMENT dated December 14, 2009 (this "Agreement") is made and entered into by and among IAX Acquisition Corporation, a corporation incorporated under laws of the State of Delaware ("Parent"), IAX Canada Acquisition Company Inc., a corporation incorporated under the laws of the Province of British Columbia and a wholly-owned Subsidiary of Parent ("Subco"), and International Absorbents Inc., a corporation incorporated under the laws of the Province of British Columbia (the "Company"). Parent, Subco and the Company are sometimes referred to herein individually as a "Party" and collectively as the "Parties". Capitalized terms used but not otherwise defined herein have the meanings set forth in Section 8.04 hereof.

INTERNATIONAL ABSORBENTS INC. PERFORMANCE AWARD AGREEMENT for RESTRICTED STOCK UNITS (Annual award for fiscal year(s) ending January 31, [insert date(s)])
Performance Award Agreement • January 2nd, 2009 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes)

This Performance Award Agreement (the “Agreement”) is entered into as of ________________, 20__ by and between International Absorbents Inc., a British Columbia Corporation (the “Company”) and __________________(“Participant”).

FORM OF STOCK OPTION AGREEMENT UNDER 2003 OMNIBUS INCENTIVE PLAN INTERNATIONAL ABSORBENTS INC. 2003 OMNIBUS INCENTIVE PLAN STOCK OPTION GRANT AGREEMENT
Stock Option Agreement • May 14th, 2007 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes)

This Grant Agreement (the “Agreement”) is entered into this day of , , by and between International Absorbents, Inc., a British Columbia Corporation (the “Corporation”) and (Grantee”) of .

LOAN AGREEMENT Among GE CAPITAL PUBLIC FINANCE, INC., as Lender, and WASHINGTON ECONOMIC DEVELOPMENT FINANCE AUTHORITY, as Issuer, and ABSORPTION CORP., as Borrower Dated as of September 1, 2006 This instrument constitutes a security agreement under...
Loan Agreement • December 8th, 2006 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes)

THIS LOAN AGREEMENT dated as of September 1, 2006 (this “Agreement”) among GE Capital Public Finance, Inc., a Delaware corporation, as lender (with its successors and assigns, “Lender”), Washington Economic Development Finance Authority, a public body corporate and politic with perpetual corporate succession, constituting an instrumentality of the State of Washington (the “State”), as issuer (“Issuer”), and Absorption Corp., a Nevada corporation, as borrower (“Borrower”).

CORPORATE GUARANTY AND NEGATIVE PLEDGE AGREEMENT
Corporate Guaranty and Negative Pledge Agreement • December 8th, 2006 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • Washington

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and to induce GE Capital Public Finance, Inc., a Delaware corporation (herein, with its participants, successors and assigns, “Lender”), at its option, to provide financing to or for the account of Washington Economic Development Finance Authority (“Issuer”) and Absorption Corp. (“Borrower”) or to engage in any other transactions with Borrower and Issuer, the undersigned hereby: (a) absolutely and unconditionally guarantees to Lender the full and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise in accordance with the terms of the Loan Agreement (as defined below), of any and all present and future debts, liabilities and obligations owed by Borrower or Issuer to Lender evidenced by or arising out of the Loan Agreement dated as of September 1, 2006 (the “Loan Agreement”) among Lender, Borrower and Issuer, and any and all extensions, renewals, mo

EXHIBIT 10.15 LETTER OF CREDIT AND REIMBURSEMENT AGREEMENT Dated as of September 1, 2004
Credit and Reimbursement Agreement • September 9th, 2004 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • Georgia
RENTAL AGREEMENT
Rental Agreement • April 10th, 2007 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes)

THIS RENTAL AGREEMENT (the “Agreement”) is made and entered into this 15th day of March, 2003, by and between International Absorbents Inc., a British Columbia corporation and ABE Industries (1980) Inc., a British Columbia corporation.

Among
Tax-Exempt Loan Agreement • April 3rd, 2003 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes)
Indemnification Agreement
Indemnification Agreement • April 30th, 2008 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • British Columbia

THIS INDEMNIFICATION AGREEMENT (the “Agreement” ) is made as of this ________ day of ____________between International Absorbents Inc. and its subsidiary Absorption Corp. (and together the “Corporation” ) and ______________________ (the “Indemnified Party” ).

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