Goldfield Corp Sample Contracts

LOAN AGREEMENT
Loan Agreement • September 1st, 2005 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida
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STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • December 6th, 2002 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • New York
and
Rights Agreement • September 19th, 2002 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Delaware
RECITALS
Form of Indemnification Agreement • July 19th, 2005 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Delaware
GUARANTY --------
Goldfield Corp • September 1st, 2005 • Water, sewer, pipeline, comm & power line construction
SOUTHEAST POWER CORPORATION ELECTRICAL CONTRACTORS 1805 Hammock Road Titusville, FL 32796-7820
Employment Agreement • November 8th, 1999 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
LOAN AGREEMENT
Loan Agreement • September 1st, 2005 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
LOAN AGREEMENT
Loan Agreement • September 1st, 2005 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
GUARANTY AGREEMENT
Guaranty Agreement • April 25th, 2013 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

As an inducement to Branch Banking and Trust Company and/or BB&T Financial, FSB (collectively "Bank"), to extend credit to and to otherwise deal with Southeast Power Corporation ("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

LOAN AGREEMENT 9660933082-90002/00002 Account Number
Loan Agreement • January 22nd, 2013 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

This Loan Agreement (the “Agreement”) is made this 15th day of January, 2013 by and between BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (“Bank”), and:

REVOLVING LINE OF CREDIT ------------------------ PROMISSORY NOTE ---------------
Goldfield Corp • September 1st, 2005 • Water, sewer, pipeline, comm & power line construction
GUARANTY AGREEMENT
Guaranty Agreement • March 13th, 2019 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

As an inducement to Branch Banking and Trust Company ("Bank"), having a branch office at 158 N. Harbor City Boulevard, Suite 401, Melbourne, Florida 32935, to extend credit to and to otherwise deal with The Goldfield Corporation ("Borrower"), and in consideration thereof, the undersigned (the “Guarantor” and each of the undersigned Guarantors, jointly and severally, if more than one) hereby unconditionally guarantees to Bank and its successors and assigns the due and punctual payment of any and all notes, drafts, debts, ACH obligations and liabilities, primary or secondary (whether by way of endorsement or otherwise), of Borrower, at any time, whether now existing or hereafter incurred with or held by Bank, together with interest, as and when the same become due and payable, and whether by acceleration or otherwise (collectively, the “Obligations”), in accordance with the terms of the Obligations including all renewals, extensions and modifications thereof. This Guaranty is a guarantee

BB&T SECURITY AGREEMENT
Security Agreement • March 13th, 2019 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

This Security Agreement (“Security Agreement”) is made March 7 , 2019, between The Goldfield Corporation, a Delaware corporation, Southeast Power Corporation, a Florida corporation, Power Corporation of America, a Florida corporation, Bayswater Development Corporation, a Florida corporation, Pineapple House of Brevard, Inc., a Florida corporation, C and C Power Line, Inc., a Florida corporation, and Precision Foundations, Inc., a Florida corporation (collectively, “Debtor”), and Branch Banking and Trust Company, a North Carolina banking corporation (“Secured Party”).

MASTER LOAN AGREEMENT
Master Loan Agreement • August 7th, 2018 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

This Master Loan Agreement (this “Loan Agreement”) is made as of the 24th day of May, 2018, (the “Agreement Date”) by and between The Goldfield Corporation, a Delaware corporation, Power Corporation of America, a Florida corporation, Southeast Power Corporation, a Florida corporation, C and C Power Line, Inc. a Florida corporation, Bayswater Development Corporation, a Florida corporation, Precision Foundations, Inc. a Florida corporation and Pineapple House of Brevard, Inc., a Florida corporation (either “Borrower” or collectively “Guarantors” as set forth in Exhibit “A”), and Branch Banking and Trust Company (“Lender”).

BB&T SECURITY AGREEMENT
Security Agreement • March 11th, 2015 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

This Security Agreement (“Security Agreement”) is made March 6, 2015, between The Goldfield Corporation, a Delaware corporation, Southeast Power Corporation, a Florida corporation, Power Corporation of America, a Florida corporation, Bayswater Development Corporation, a Florida corporation, Pineapple House of Brevard, Inc., a Florida corporation, and C and C Power Line, Inc., a Florida corporation (collectively, “Debtor”), and Branch Banking and Trust Company, a North Carolina banking corporation (“Secured Party”).

BB&T SECURITY AGREEMENT
Security Agreement • September 21st, 2012 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

This Security Agreement (“Security Agreement”) is made September 17, 2012, between Southeast Power Corporation, a Florida corporation (“Debtor”), and Branch Banking and Trust Company, a North Carolina banking corporation (“Secured Party”).

BB&T SECURITY AGREEMENT
Security Agreement • April 25th, 2013 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

This Security Agreement (“Security Agreement”) is made April 22, 2013, between Southeast Power Corporation (“Debtor” or “Borrower”, as the context may require), and Branch Banking and Trust Company, a North Carolina banking corporation (“Secured Party”).

Contract
Guaranty Agreement • January 5th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

As an inducement to Branch Banking and Trust Company (“Bank”) to extend credit to and to otherwise deal with Southeast Power Corporation (“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 collect

The Goldfield Corporation Retention Bonus Agreement
Retention Bonus Agreement • December 1st, 2020 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Delaware
NOTE MODIFICATION AGREEMENT
Note Modification Agreement • January 5th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

This Note Modification Agreement (hereinafter Agreement) is made and entered into this 29th day of December, 2009, by and between The Goldfield Corporation, maker(s), co-maker(s), endorser(s), or other obligor(s) on the Promissory Note (as defined below), hereinafter also referred to jointly and severally as Borrower(s); Branch Banking and Trust Company, a North Carolina banking corporation, hereinafter referred to as Bank.

GUARANTY AGREEMENT
Guaranty Agreement • February 5th, 2014 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

As an inducement to Branch Banking and Trust Company and/or BB&T Financial, FSB (collectively "Bank"), to extend credit to and to otherwise deal with The Goldfield Corporation, a Delaware corporation ("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 prior to the expiration of any grace/notice periods provided by the notes or other agreements 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, obligat

Loan Agreement Addendum
Loan Agreement • January 22nd, 2013 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

This Loan Agreement Addendum to a loan agreement dated the 17th of April, 2012 for account number 9660933120 note 00005, in the original principal amount of $1,500,000 by and between BRANCH BANKING AND TRUST COMPANY (“Bank”), a North Carolina banking corporation and Southeast Power Corporation, a State of Florida corporation (“Borrower”), having its executive offices at Melbourne, Florida is made this 15th day of January 2013 by and between BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (“Bank”) and Southeast Power Corporation, a State of Florida corporation (“Borrower”), having its executive offices at Melbourne, Florida.

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AGREEMENT AND PLAN OF MERGER by and among THE GOLDFIELD CORPORATION, FR UTILITY SERVICES, INC. and FR UTILITY SERVICES MERGER SUB, INC. NOVEMBER 23, 2020
Agreement and Plan of Merger • December 30th, 2020 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Delaware
Addendum to Loan Agreement
Loan Agreement • July 20th, 2012 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

As of July 16, 2012, the loan agreement associated with Loan # 9660933120/00005 in the original amount of $1,500,000, dated April 17, 2012 by and between BRANCH BANKING AND TRUST COMPANY (“Bank”) and Southeast Power Corporation, a State of Florida corporation (“Borrower”), having its executive office at Melbourne, Florida is hereby amended as follows:

LOAN AGREEMENT
Loan Agreement • May 15th, 2002 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

THIS AGREEMENT, made as of the date set forth above, in favor of WACHOVIA BANK, N.A., (the "Bank"), by THE GOLDFIELD CORPORATION, a Delaware Corporation (the "Borrower"), and SOUTHEAST POWER CORPORATION, a Florida Corporation (the "Guarantor").

MODIFICATION OF SECURITY AGREEMENT
Modification of Security Agreement • April 24th, 2012 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

This Modification of BB&T Security Agreement, made this 17th day of April, 2012, by and between SOUTHEAST POWER CORPORATION, a Florida corporation (“Debtor”) and BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (“Secured Party”).

AMENDMENT TO JOHN H. SOTTILE EMPLOYMENT AGREEMENT
Employment Agreement • April 15th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

This Amendment is made to the Amended and Restated Employment Agreement dated as of November 1, 2001, by and between The Goldfield Corporation and John H. Sottile. Except as otherwise provided herein, this Amendment is made effective as of January 1, 2010.

MAKER: The Goldfield Corporation BB&T NOTE MODIFICATION AGREEMENT 9660933082
T Note Modification Agreement • December 11th, 2019 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

This Note Modification Agreement (hereinafter referred to as “Agreement”) is made and entered into this 6th day of December, 2019 by The Goldfield Corporation, as maker, of the Promissory Note as defined below (hereinafter referred to as “Borrower”), in favor of Branch Banking and Trust Company, a North Carolina banking corporation (including its successors and assigns, hereinafter referred to as “Bank”).

ADDENDUM TO NOTE MODIFICATION AGREEMENT
Note Modification Agreement • December 11th, 2019 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

THIS ADDENDUM TO NOTE MODIFICATION AGREEMENT (“Addendum”) is hereby made a part of the Note Modification Agreement dated December 6 , 2019, from The Goldfield Corporation (“Borrower”) payable to the order of BRANCH BANKING AND TRUST COMPANY (“Bank”) in the principal amount of $23,000,000.00 (including all renewals, extensions, modifications and substitutions thereof, the “Note”).

INSTALLMENT SALE CONTRACT (SECURITY AGREEMENT) Transaction Number 1956832
Installment Sale Contract • July 20th, 2012 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Tennessee

Subject to the Terms and Conditions set forth below of this Installment Sales Contract (Security Agreement) (this “Contract”), Seller hereby sells the equipment described below (the “Unit” or “Units”) to Purchaser, and Purchaser (if more than one, jointly and severally), having been offered both a cash sale price and a time sale price, hereby buys the Units from Seller on a time sale basis.

Addendum to Loan Agreement Dated July 13, 2006
Loan Agreement • January 5th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

The Agreement dated July 13, 2006 (Loan Agreement) between Branch Banking and Trust Company (Bank), Southeast Power Corporation (Borrower) and The Goldfield Corporation (Guarantor) is to also apply to a new Loan evidenced by a credit promissory note dated December 29, 2009, in the original principal amount of $3,825,000 and renewals and modifications of said note as made from time to time and all Loan Documents associated with said note.

ALLONGE TO PROMISSORY NOTE
Promissory Note • August 5th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

THIS ALLONGE, is made as of this 30th day of July, 2010, by Pineapple House of Brevard, Inc., a Florida corporation (“Borrower”) and consented to by The Goldfield Corporation, Bayswater Development Corporation, and Southeast Power Corporation (collectively, the “Guarantors”), and is to be attached and made a part of that certain Promissory Note dated November 18, 2005 made by Borrower to Branch Banking and Trust Company (“Lender”) in the original principal amount of Fourteen Million and No/100 Dollars ($14,000,000.00) (“Note”), modified by Allonges dated September 27, 2007, November 13, 2008, March 6, 2009 and May 18, 2010 (collectively, “Allonges”) (the “Note” and “Allonges” shall hereinafter be collectively referred to as the “Note”).

MASTER LOAN AGREEMENT
Master Loan Agreement • April 25th, 2013 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

This Master Loan Agreement (this “Loan Agreement”) is made as of the 22nd day of April, 2013, by and between The Goldfield Corporation, a Delaware corporation, Southeast Power Corporation, a Florida corporation, Pineapple House of Brevard, Inc., a Florida corporation and Bayswater Development Corporation, a Florida corporation (either “Borrower” or collectively “Guarantors” as set forth in Exhibit “A”), and Branch Banking and Trust Company (“Lender”).

BB&T SECURITY AGREEMENT
Security Agreement • December 18th, 2013 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida

This Security Agreement (“Security Agreement”) is made the 16th day of December, 2013, between The Goldfield Corporation, a Delaware corporation, Southeast Power Corporation, a Florida corporation, Power Corporation of America, a Florida corporation, Bayswater Development Corporation, a Florida corporation and Pineapple House of Brevard, Inc., a Florida corporation (“Debtors”), and Branch Banking and Trust Company, a North Carolina banking corporation (“Secured Party”).

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