Pam Transportation Services Inc Sample Contracts

LOAN AGREEMENT
Loan Agreement • March 1st, 2002 • Pam Transportation Services Inc • Trucking (no local) • Tennessee
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RECITALS: ---------
Loan Agreement • March 1st, 2002 • Pam Transportation Services Inc • Trucking (no local) • Tennessee
3,475,000 SHARES* Common Stock
Underwriting Agreement • March 1st, 2002 • Pam Transportation Services Inc • Trucking (no local) • Arkansas
1 EXHIBIT 2.1 ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • January 22nd, 1999 • Pam Transportation Services Inc • Trucking (no local) • New Jersey
FORM OF INDENTURE between P.A.M. TRANSPORTATION SERVICES, INC. and as Trustee Dated as of [●] Providing for Issuance of Debt Securities in Series
Indenture • June 29th, 2021 • Pam Transportation Services Inc • Trucking (no local) • Delaware

INDENTURE, dated as of [●], between P.A.M. TRANSPORTATION SERVICES, INC., a Delaware corporation (the “Company”), and [●], Trustee, a [●] (the “Trustee”).

FORM OF INDEMNIFICATION AGREEMENT
Indemnification Agreement • August 2nd, 2023 • Pam Transportation Services Inc • Trucking (no local) • Delaware

This Indemnification Agreement is dated as of [•], 2023 (this “Agreement”), and is between P.A.M. Transportation Services, Inc., a Delaware corporation (the “Company”), and [•] (“Indemnitee”).

EXHIBIT 4.5.2 REVOLVING CREDIT NOTE ---------------------
Pam Transportation Services Inc • March 1st, 2002 • Trucking (no local)
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Employment Agreement • August 14th, 1998 • Pam Transportation Services Inc • Trucking (no local) • Arkansas
FIFTH AMENDED AND RESTATED GUARANTY AGREEMENT
Guaranty Agreement • January 31st, 2019 • Pam Transportation Services Inc • Trucking (no local) • Tennessee

THIS GUARANTY SHALL BE A CONTINUING, ABSOLUTE AND UNCONDITIONAL GUARANTY, and shall remain in full force and effect until the Indebtedness (and interest thereon and expenses in connection therewith), and all renewals, modifications, or extensions thereof, in whole or in part, shall have been fully paid and satisfied and shall remain in full force and effect until written notice of its discontinuance, addressed to the President of the Bank, shall be actually received by the Bank (the burden of proof of receipt by the Bank of such notice being in all cases upon the Guarantor), and also until any and all said indebtedness, or any extensions or renewals thereof, existing before receipt of such notice, and expenses in connection therewith, shall be fully paid. Regardless of when a renewal or extension of pre-termination debt occurs (with or without adjustment of interest rate or other terms), the debt is deemed to have been incurred prior to termination to the extent of the renewal or exten

EMPLOYMENT AGREEMENT
Employment Agreement • July 13th, 2023 • Pam Transportation Services Inc • Trucking (no local) • Michigan

This Agreement (“Agreement”) is entered into as of July 7, 2023, by and between PAM Transportation Services, Inc. ("COMPANY") and Lance Stewart (“EMPLOYEE”), and the parties therefore agree as follows:

RECITALS:
Employment Agreement • March 1st, 2002 • Pam Transportation Services Inc • Trucking (no local) • Arkansas
RECITALS:
Employment Agreement • March 1st, 2002 • Pam Transportation Services Inc • Trucking (no local) • Arkansas
FIFTEENTH AMENDMENT TO LOAN AGREEMENT
Loan Agreement • March 18th, 2016 • Pam Transportation Services Inc • Trucking (no local)

THIS FIFTEENTH AMENDMENT TO LOAN AGREEMENT (the "Amendment") is made and entered into as of the 23rd day of June, 2015, by and among P.A.M. TRANSPORT, INC., an Arkansas corporation, whose chief executive office and principal place of business is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770, party of the first part, hereinafter called "Borrower," FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States, with its principal place of business at 165 Madison Avenue, Memphis, Tennessee 38103, party of the second part, hereinafter called "Bank," P.A.M. TRANSPORTATION SERVICES, INC., a Delaware corporation, whose principal place of business and chief executive office is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770, party of the third part, hereinafter called "Guarantor."

SEPARATION AND CONSULTING AGREEMENT
Separation and Consulting Agreement • July 13th, 2023 • Pam Transportation Services Inc • Trucking (no local) • Arkansas

THIS SEPARATION AND CONSULTING AGREEMENT (this “Agreement”) is entered into as of July 7, 2023, by and between P.A.M. Transportation Services, Inc. and its subsidiaries (collectively, the “Company”), and Allen W. West (“Executive”) (collectively, the “Parties”).

FOURTH AMENDMENT TO LOAN AGREEMENT
Loan Agreement • March 14th, 2008 • Pam Transportation Services Inc • Trucking (no local) • Tennessee

THIS AMENDMENT is made and entered into as of the 22nd day of June, 2007, by and among P.A.M. TRANSPORT, INC., an Arkansas corporation, whose chief executive office and principal place of business is located at Highway 412 West, P.O. Box 188, Tontitown, Arkansas 72770, party of the first part, hereinafter called "Borrower," FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States, with its principal place of business at 165 Madison Avenue, Memphis, Tennessee 38103, party of the second part, hereinafter called "Bank," P.A.M. TRANSPORTATION SERVICES, INC., a Delaware corporation, whose principal place of business and chief executive office is located at Highway 412 West, P.O. Box 188, Tontitown, Arkansas 72770, party of the third part, hereinafter called "Guarantor," CHOCTAW EXPRESS, INC., an Oklahoma corporation, whose principal place of business and chief executive office is located at Highway 412 West, P.O. Bo

SECOND AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • January 31st, 2019 • Pam Transportation Services Inc • Trucking (no local)

THIS SECOND AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT (the "Amendment") is made and entered into as of the 25th day of January, 2019, by and among P.A.M. TRANSPORT, INC., an Arkansas corporation, whose chief executive office and principal place of business is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770, party of the first part, hereinafter called "Borrower," FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States, with its principal place of business at 165 Madison Avenue, Memphis, Tennessee 38103, party of the second part, hereinafter called "Bank," P.A.M. TRANSPORTATION SERVICES, INC., a Delaware corporation, whose principal place of business and chief executive office is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770, party of the third part, hereinafter called "Guarantor."

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AMENDMENT NO. 1 TO CONSULTING AGREEMENT
Consulting Agreement • April 30th, 2018 • Pam Transportation Services Inc • Trucking (no local) • Delaware

This Amendment No. 1 to Consulting Agreement (the “Amendment”), dated April 25, 2018, is by and between P.A.M. Transportation Services, Inc., a Delaware corporation (the “Company”), and Manuel J. Moroun (“Consultant”). The Company and Consultant are collectively referred to as the “Parties” and individually as a “Party.”

NONSTATUTORY STOCK OPTION AGREEMENT
Nonstatutory Stock Option Agreement • December 3rd, 2010 • Pam Transportation Services Inc • Trucking (no local)

THIS NONSTATUTORY STOCK OPTION AGREEMENT (the “Option” or the “Agreement”) is made on ____________________ (the “Effective Date”), by and between P.A.M. TRANSPORTATION SERVICES, INC., a Delaware corporation (the “Company”), and __________________ (the “Optionholder”).

AGREEMENT
Agreement • August 7th, 2009 • Pam Transportation Services Inc • Trucking (no local)

The Company has also agreed to reimburse Mr. Cushman for up to eighteen (18) months and up to $1,800 per month, for temporary living expenses.

AMENDED AND RESTATED SECURITY AGREEMENT
Security Agreement • April 1st, 2016 • Pam Transportation Services Inc • Trucking (no local) • Tennessee

THIS AMENDED AND RESTATED SECURITY AGREEMENT entered into this 28th day of March, 2016, by and between P.A.M. TRANSPORT, INC., an Arkansas corporation, whose address is 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770 (“Grantor”), and FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking association whose address is 165 Madison Avenue, Memphis, Tennessee 38103, Attention: First Tennessee Business Credit (“Bank”).

FOURTEENTH AMENDMENT TO LOAN AGREEMENT
Loan Agreement • December 2nd, 2014 • Pam Transportation Services Inc • Trucking (no local) • Tennessee

THIS FOURTEENTH AMENDMENT TO LOAN AGREEMENT (the "Amendment") is made and entered into as of the 17th day of November, 2014, by and among P.A.M. TRANSPORT, INC., an Arkansas corporation, whose chief executive office and principal place of business is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770, party of the first part, hereinafter called "Borrower," FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States, with its principal place of business at 165 Madison Avenue, Memphis, Tennessee 38103, party of the second part, hereinafter called "Bank," P.A.M. TRANSPORTATION SERVICES, INC., a Delaware corporation, whose principal place of business and chief executive office is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770, party of the third part, hereinafter called "Guarantor."

EMPLOYMENT AGREEMENT
Employment Agreement • August 5th, 2020 • Pam Transportation Services Inc • Trucking (no local) • Michigan

This Agreement (“Agreement”) upon board approval is entered into as of August 4, 2020, by and between PAM Transportation Services, Inc. (PAM) ("COMPANY") and Joseph A. Vitiritto (“EMPLOYEE”), and the parties therefore agree as follows:

NON-QUALIFIED STOCK OPTION AGREEMENT FOR NON-EMPLOYEE DIRECTOR
Non-Qualified Stock Option Agreement • May 31st, 2006 • Pam Transportation Services Inc • Trucking (no local)

This Non-Qualified Stock Option Agreement ("Option Agreement") dated as of __________________, is by and between P.A.M. TRANSPORTATION SERVICES, INC. (the "Company") and _____________________ ("Non-Employee Director").

ASSET PURCHASE AGREEMENT by and among METROPOLITAN TRUCKING, INC., METROPOLITAN FREIGHT MANAGEMENT, INC., KIWI LEASING, LLC, HOYA LEASING, LLC, (collectively, the “Sellers”) and MET EXPRESS, INC., COSTAR EQUIPMENT, INC. (collectively, the “Buyer”) And...
Asset Purchase Agreement • June 17th, 2022 • Pam Transportation Services Inc • Trucking (no local) • Delaware

This Asset Purchase Agreement (this “Agreement”) is executed and delivered as of June 14, 2022, by and among Met Express, Inc., an Ohio corporation, and Costar Equipment, Inc., an Ohio corporation (collectively the “Buyer”), and (i) Metropolitan Trucking, Inc., a New Jersey corporation (“MTRK”), (ii) Metropolitan Freight Management, Inc., a New Jersey corporation (“Freight”), (iii) Kiwi Leasing, LLC, a Pennsylvania limited liability company (“Kiwi”), and (iv) Hoya Leasing, LLC, a Pennsylvania limited liability company (“Hoya”) (i through iv, each a “Seller,” and collectively, the “Sellers”). Mangino Holding Corp., a New Jersey corporation (“Mangino”), is made a party for the limited purposes of (i) making the representations and warranties contained herein and (ii) agreeing to the covenants and the indemnification obligations set forth herein. Capitalized terms used herein have the meanings set forth in Article 7 below or elsewhere in this Agreement.

NONSTATUTORY STOCK OPTION AGREEMENT
Nonstatutory Stock Option Agreement • December 3rd, 2010 • Pam Transportation Services Inc • Trucking (no local)

THIS NONSTATUTORY STOCK OPTION AGREEMENT (the “Option” or the “Agreement”) is made on _________________ (the “Effective Date”), by and between P.A.M. TRANSPORTATION SERVICES, INC., a Delaware corporation (the “Company”), and _______________________ (the “Optionholder”).

FIRST AMENDMENT TO AMENDED AND RESTATED SECURITY AGREEMENT
Security Agreement • January 31st, 2019 • Pam Transportation Services Inc • Trucking (no local)

THIS FIRST AMENDMENT TO AMENDED AND RESTATED SECURITY AGREEMENT (this "Amendment") is made and entered into as of the 25th day of January, 2019, by and between P.A.M. TRANSPORT, INC., an Arkansas corporation, whose address is 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770 (“Grantor”), and FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking association whose address is 165 Madison Avenue, Memphis, Tennessee 38103, Attention: First Tennessee Business Credit (“Bank”).

EMPLOYMENT AGREEMENT
Employment Agreement • August 7th, 2009 • Pam Transportation Services Inc • Trucking (no local) • Michigan

This Agreement (“Agreement”) is entered into as of June 29, 2009, by and between P.A.M Transportation Services, INC. ("PAM") and Daniel H. Cushman (“EMPLOYEE”), and the parties therefore agree as follows:

FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • January 31st, 2019 • Pam Transportation Services Inc • Trucking (no local)

THIS FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT (the "Amendment") is made and entered into as of the 27th day of July, 2017, by and among P.A.M. TRANSPORT, INC., an Arkansas corporation, whose chief executive office and principal place of business is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770, party of the first part, hereinafter called “Borrower," FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States, with its principal place of business at 165 Madison Avenue, Memphis, Tennessee 38103, party of the second part, hereinafter called "Bank," P.A.M. TRANSPORTATION SERVICES, INC., a Delaware corporation, whose principal place of business and chief executive office is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770, party of the third part, hereinafter called "Guarantor."

SECOND AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • November 6th, 2020 • Pam Transportation Services Inc • Trucking (no local) • Tennessee

THIS SECOND AMENDED AND RESTATED LOAN AGREEMENT (“Loan Agreement” or “Agreement”) is made this 12th day of August, 2020, by and among P.A.M. TRANSPORT, INC., a corporation organized and existing under the laws of Arkansas, whose chief executive office and principal place of business is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770 (hereinafter called the “Borrower”), FIRST HORIZON BANK, a Tennessee banking corporation, successor-by-conversion to First Tennessee Bank National Association, with its principal place of business at 165 Madison Avenue, Memphis, Tennessee 38103 (hereinafter called the “Bank”), and P.A.M. TRANSPORTATION SERVICES, INC., a Delaware corporation whose chief executive office and principal place of business is located at 297 W. Henri de Tonti Boulevard, P.O. Box 188, Tontitown, Arkansas 72770 (hereinafter called the “Term Loan Borrower” or “Guarantor”, in each case interchangeable).

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