Exhibit 10.1 EXECUTIVE AGREEMENT between Sono-Tek Corporation, a New York corporation (the "Company") and R. Stephen Harshbarger ("Executive"), dated as of the Fifth day of March, 2008. W I T N E S S E T H: - - - - - - - - - - WHEREAS, Executive is an...Executive Agreement • July 11th, 2008 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies • New York
M&T Bank LOGO] EQUIPMENT LINE CREDIT AGREEMENT New York March 24,2005 BORROWER: SONO-TEK CORPORATION, a corporation organized under the laws of New York Address of residence/chief executive office: 2012 Route 9W, Milton, New York 12547 BANK:...Sono Tek Corp • May 27th, 2005 • Miscellaneous electrical machinery, equipment & supplies • New York
DATE: August 27, 1993 TO: J. Duncan Urquhart FROM: Sono-Tek Corporation 2012 Route 9W, Bldg. 3 Milton, NY 12547 SUBJECT: Letter of Agreement Dear Duncan, As you are aware, Sono-Tek Corporation ("Sono-Tek" or the "Company") has sustained extensive...Sono Tek Corp • October 12th, 1995 • Special industry machinery, nec
AMENDMENT NO. 2 TO EXECUTIVE AGREEMENTExecutive Agreement • May 26th, 2017 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies
This Amendment No. 2 to Executive Agreement made as of November 17, 2016 by and between Sono-Tek Corporation, a New York corporation with its principal office at 2012 Route 9W, Building 3, Milton, NY 12547 (the “Company”), and Stephen J. Bagley, with an address at 128 North Ohioville Road, New Paltz NY 12561, (“Executive”), who are parties to that certain Executive Agreement dated as of September 1, 2007 (the “Effective Date”) and amended as of May 21, 2015, (the “Executive Agreement”).
SECURITY AGREEMENTSecurity Agreement • May 28th, 2019 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies • New York
This SECURITY AGREEMENT (this "Agreement") is entered into as of January 17, 2019, between Sono-Tek Corporation, a New York corporation, with its chief executive office located at 2012 Route 9 West, Milton, New York 12547 (the "Borrower") and M&T Bank, a New York banking corporation, with an address of One M&T Plaza (Attn: Office of General Counsel), Buffalo, New York 14203 (the "Bank").
LOAN AGREEMENTLoan Agreement • May 28th, 2019 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies • New York
This LOAN AGREEMENT (this "Agreement") is entered into as of January 17, 2019, between Sono-Tek Corporation, a New York corporation, with its chief executive office located at 2012 Route 9 West, Milton, New York 12547 (the "Borrower") and M&T Bank, a New York banking corporation, with an address of One M&T Plaza (Attn: Office of General Counsel), Buffalo, New York 14203 (the "Bank").
ADDENDUM TO Loan AGREEMENT (Flexline)Loan Agreement • May 28th, 2019 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies
WHEREAS, the Borrower and Bank have, as of this date, entered into that certain Loan Agreement (the “Loan Agreement”) in connection with a certain Amended and Restated Revolving Demand Note, dated the date hereof, and in the maximum principal amount of $1,500,000.00;
PURCHASE MONEY NOTESono Tek Corp • January 12th, 2011 • Miscellaneous electrical machinery, equipment & supplies
This Note is the note referred to in a Purchase Money Mortgage of even date herewith on property located in the Town of Marlboro, County of Ulster, State of New York, between the parties hereto (the “Mortgage”).
AMENDMENT NO.2 TO EXECUTIVE AGREEMENTExecutive Agreement • May 27th, 2015 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies
This Amendment No. 2 to Executive Agreement made as of August 28, 2014 by and between Sono-Tek Corporation, a New York corporation with its principal office at 2012 Route 9W, Building 3, Milton, NY 12547 (the “Company”), and R. Stephen Harshbarger, residing at 13 Banks Hill, Pawling NY 12564, (“Executive”), who are parties to that certain Executive Agreement dated as of March 5, 2008 (the “Agreement”).
AMENDMENT NO.1 TO EXECUTIVE AGREEMENTExecutive Agreement • May 27th, 2015 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies
This Amendment No. 1 to Executive Agreement made as of August 28, 2014 by and between Sono-Tek Corporation, a New York corporation with its principal office at 2012 Route 9W, Building 3, Milton, NY 12547 (the “Company”), and Christopher L. Coccio, residing at PO Box 3543, Saratoga Springs NY 12866, (“Executive”), who are parties to that certain Executive Agreement dated as of September 1, 2007, (the “Agreement”).
PURCHASE MONEY MORTGAGEPurchase Money Mortgage • January 12th, 2011 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies
between SONO-TEK INDUSTRIAL PARK LLC, a New York limited liability company, with an address at 2012 Route 9W, Bldg #3, Milton, New York 12547 (the "Mortgagor"),
MODIFICATION AND EXTENSION AGREEMENTModification and Extension Agreement • May 28th, 2014 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies
This MODIFICATION AND EXTENSION AGREEMENT (this “Agreement”) is made effective as of December 16, 2013, between Sono-Tek Industrial Park, LLC, a New York limited liability company, having offices at 2012 Route 9W, Building 3, Milton, New York 12547 (the “Borrower”) and M&T BANK, a/k/a Manufacturers and Traders Trust Company, a New York banking corporation having offices at One Fountain Plaza, Buffalo, New York 14203, Attn: M&T Real Estate Trust (the “Lender”).
AMENDMENT NO.1 TO EXECUTIVE AGREEMENTExecutive Agreement • May 25th, 2016 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies
This Amendment No. 1 to Executive Agreement made as of May 21, 2015 by and between Sono-Tek Corporation, a New York corporation with its principal office at 2012 Route 9W, Building 3, Milton, NY 12547 (the “Company”), and Stephen J. Bagley, residing at 128 North Ohioville Road, New Paltz NY 12561, (“Executive”), who are parties to that certain Executive Agreement dated as of September 1, 2007, (the “Agreement”).
M&T Bank LOGO] GENERAL SECURITY AGREEMENT New York Debtor: SONO-TEK CORPORATION, a corporation organized under the laws of New York Organizational Identification Number (if any): N/A Chief executive office/residence: 2012 Route 9W, Milton, New York...Sono Tek Corp • May 27th, 2005 • Miscellaneous electrical machinery, equipment & supplies • New York
CONTRACT OF SALEContract of Sale • January 12th, 2011 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies
The SELLER, JEAN K. WOODWARD, residing at 50 Riverview Drive, Marlboro, New York, agrees to sell the premises described herein to
NON-PLAN STOCK OPTION AGREEMENTNon-Plan Stock Option Agreement • May 24th, 2010 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies • New York
STOCK OPTION AGREEMENT dated as of October 22, 2009 between Sono-Tek Corporation, a New York corporation (the "Company"), and Joseph Riemer (the "Optionee").
Exhibit 4.2 ----------- PROMISSORY NOTE UNSECURED DEMAND $ 20,000.00 October 30, 1996 ------------ ---------------- For value received, Sono-Tek Corporation (the "Borrower"), hereby promises to pay to the order of Samuel Schwartz (the "Lender") Twenty...Sono Tek Corp • January 14th, 1997 • Special industry machinery, nec
For value received, Sono-Tek Corporation (the "Borrower"), hereby promises to pay to the order of Samuel Schwartz (the "Lender") Twenty thousand dollars ON DEMAND.
THIRD NOTE AMENDMENT AGREEMENT Reference is made to that certain Convertible Secured Subordinated Note (the "Note") by and between Sono-Tek Corporation ("Sono-Tek" or the "Company") and (the "Holder") in the principal amount of $DOLLARS made as of...Third Note Amendment Agreement • May 29th, 1997 • Sono Tek Corp • Special industry machinery, nec
October 20, 2017 Stephen J. Bagley New Paltz, NY 12561 Dear Stephen,Sono Tek Corp • May 24th, 2018 • Miscellaneous electrical machinery, equipment & supplies
This will confirm our understanding as to your entitlement to severance payments under the circumstances set forth in this Letter Agreement.
October 20, 2017 Christopher L. Coccio Saratoga Springs, NY 12866 Dear Christopher,Sono Tek Corp • May 24th, 2018 • Miscellaneous electrical machinery, equipment & supplies
This will confirm our understanding as to your entitlement to severance payments under the circumstances set forth in this Letter Agreement.
Exhibit 4.1 ----------- PROMISSORY NOTE UNSECURED DEMAND $ 20,000.00 October 30, 1996 ------------ ---------------- For value received, Sono-Tek Corporation (the "Borrower"), hereby promises to pay to the order of James L. Kehoe (the "Lender") Twenty...Sono Tek Corp • January 14th, 1997 • Special industry machinery, nec
For value received, Sono-Tek Corporation (the "Borrower"), hereby promises to pay to the order of James L. Kehoe (the "Lender") Twenty thousand dollars ON DEMAND.
Exhibit 10(d) William Woodward Enterprises 50 Riverview Drive Marlboro, NY 12542-5310 Phone: (914) 236-7557 Fax: (914) 236-4418 June 13, 2001 Sono-Tek Corporation Route 9W Milton Industrial Park Milton, NY 12547 Re: Termination of lease of 4250 Square...Sono Tek Corp • June 15th, 2001 • Miscellaneous electrical machinery, equipment & supplies
Please be advised that it was mutually agreed that the lease agreement for approximately 4250 square feet in Phase II of Building 1 of the Milton Industrial Park, 2010 Route 9W, Milton, New York would be terminated effective May 31, 2001. All rent has been paid in full. No security deposit was required and none returned. The demised premises were left clean and operable. Any and all penalties and/or adjustments for early termination of the lease is herewith waived. Thank you very much for your history of prompt rent payments. I appreciate your business.
LOAN AGREEMENTLoan Agreement • May 28th, 2019 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies • New York
This AMENDED AND RESTATED LOAN AGREEMENT (this "Agreement") is entered into as of January 17, 2019, between Sono-Tek Corporation, a New York corporation, with its chief executive office located at 2012 Route 9 West, Milton, New York 12547 (the "Borrower") and M&T Bank, a New York banking corporation, with an address of One M&T Plaza (Attn: Office of General Counsel), Buffalo, New York 14203 (the "Bank"), and amends and restates a certain Loan Agreement dated March 29, 2005 (as amended, supplemented or otherwise modified from time to time prior to the date hereof, the “Existing Loan Agreement”) between Borrower and the Bank.
ENVIRONMENTAL COMPLIANCE AND INDEMNIFICATION AGREEMENTCompliance and Indemnification Agreement • May 28th, 2014 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies • New York
WHEREAS, Mortgagor has applied to Bank for one or more loans and/or other financial accommodations (collectively, the “Loan”);
Exhibit 4.3 ----------- PROMISSORY NOTE UNSECURED DEMAND $ 32,000.00 November 22, 1996 ------------ ----------------- For value received, Sono-Tek Corporation (the "Borrower"), hereby promises to pay to the order of James L. Kehoe (the "Lender")...Sono Tek Corp • January 14th, 1997 • Special industry machinery, nec
For value received, Sono-Tek Corporation (the "Borrower"), hereby promises to pay to the order of James L. Kehoe (the "Lender") Thirty-two thousand dollars ON DEMAND.
AMENDMENT NO.1 TO EXECUTIVE AGREEMENTExecutive Agreement • May 11th, 2012 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies
This Amendment No. 1 to Executive Agreement made as of March 8, 2012 by and between Sono-Tek Corporation, a New York corporation with its principal office at 2012 Route 9W, Building 3, Milton, NY 12547 (the “Company”), and R. Stephen Harshbarger, residing at 13 Banks Hill, Pawling NY 12564, (“Executive”), who are parties to that certain Executive Agreement dated as of March 5, 2008 (the “Agreement”).
Exhibit 4(o) Norwood Venture Corporation December 22, 2000 Sono-Tek Corporation 2012 Route 9W, Building 3 Milton, NY 12547 Attention: Mr. James L. Kehoe, Chairman and Chief Executive Officer Subject: Note and Warrant Purchase Agreement dated September...Sono Tek Corp • June 15th, 2001 • Miscellaneous electrical machinery, equipment & supplies
Exhibit 4 NORWOOD VENTURE CORP. May 13, 2004 Mr. Christopher Coccio, CEO Sono- Tek Corporation 2012 Route 9W, Building 3 Milton, NY 12547 Subject: Note and Warrant Purchase Agreement dated September 29, 1999 (the "Agreement"), as amended and the 12%...Sono Tek Corp • July 8th, 2004 • Miscellaneous electrical machinery, equipment & supplies
TERM NOTETerm Note • May 11th, 2012 • Sono Tek Corp • Miscellaneous electrical machinery, equipment & supplies
For value received, the undersigned SONO-TEK CORPORATION, a New York corporation, with an address of 2012 Route 9W , Milton, New York 12547 (the "Borrower"), promises to pay to the order of Manufacturers and Traders Trust Company, a New York banking corporation with an address of One M&T Plaza (Attn: Office of General Counsel), Buffalo, New York 14203 (together with its successors and assigns, the "Bank"), the principal amount of Two Hundred Thirty-Seven Thousand Dollars and Zero Cents ($237,000.00) on or before June 17, 2015 (the "Maturity Date"), as set forth below, together with interest from the date hereof on the unpaid principal balance from time to time outstanding until paid in full. The Borrower shall pay consecutive monthly installments of principal and interest, as follows: $5,304.08 commencing on July 17, 2011, and the same amount (except the last installment which shall be the unpaid balance) on the 17 of each month thereafter. The aggregate principal balance outstanding s
