amongSecurity Agreement • March 10th, 1998 • Futurebiotics Inc • Wholesale-drugs, proprietaries & druggists' sundries • New York
BY AND AMONGAsset Purchase Agreement • June 7th, 1999 • Futurebiotics Inc • Wholesale-drugs, proprietaries & druggists' sundries • New York
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT This Amendment No.1, dated as of December 1, 1995, to that certain Employment Agreement (this "Amendment"), dated as of March 21, 1994, by and between Futurebiotics, Inc., a Delaware corporation (the "Company"),...Employment Agreement • February 28th, 1997 • Futurebiotics Inc • Wholesale-drugs, proprietaries & druggists' sundries • New York
RECITALSSecond Amendment • March 15th, 1999 • Futurebiotics Inc • Wholesale-drugs, proprietaries & druggists' sundries • New York
RECITALSAnd Waiver • March 10th, 1998 • Futurebiotics Inc • Wholesale-drugs, proprietaries & druggists' sundries • New York
by and amongAsset Purchase Agreement • March 15th, 1999 • Futurebiotics Inc • Wholesale-drugs, proprietaries & druggists' sundries • New York
ASSIGNMENT AND ASSUMPTION AGREEMENT Reference is made to the Credit Agreement dated as of August 20, 1997 (as it may be amended, modified, extended or restated from time to time, the "Credit Agreement"), among PDK Labs Inc. and Futurebiotics, Inc....Assignment and Assumption Agreement • March 10th, 1998 • Futurebiotics Inc • Wholesale-drugs, proprietaries & druggists' sundries • New York
ARTICLE 2. AMOUNT AND TERMS OF THE REVOLVING CREDIT LOANS . . 13 Section 2.1. Revolving Credit Loans . . . . . 13 Section 2.2. The Notes . . . . . . . . . . . . 13 Section 2.3. Notice of Borrowing; Minimum Amounts . . . . . . . . . . . . . . 14...Revolving Credit Agreement • February 28th, 1997 • Futurebiotics Inc • Wholesale-drugs, proprietaries & druggists' sundries • New York
July 21, 1999 PDK LABS INC. 145 Ricefield Lane Hauppauge, New York 11788 Re: PDK Labs Inc. ("PDK") and Futurebiotics, Inc. (collectively, the "Co- Borrowers") Gentlemen: The undersigned, European American Bank ("EAB"), as agent (in such capacity, the...Futurebiotics Inc • February 28th, 2000 • Wholesale-drugs, proprietaries & druggists' sundries
Based on the Banks' books and records, the total amount of "Obligations" (as defined in that certain Credit Agreement, dated as of August 20, 1997, among the Co-Borrowers, the Agent and the Banks (as amended or modified, the "Agreement") due the Banks, in the aggregate, if paid on July 21, 1999, after giving effect to confirmed collections of receivables through July 21, 1999 is $2,732,504.24 (the "Payoff Amount") (allocable to the Banks and to the Agent's attorney, as set forth below) which amount includes (i) all principal, interest, fees, costs, expenses and liquidated damages due to the Banks as of such date in the amount of $2,728,304.24 and (ii) legal fees and expenses of Farrell Fritz, P.C., attorney for the Agent as of such date, in the amount of $4,200.00; provided, however, that if the Payoff Amount is not received by the Banks by 2:00 p.m. on July 21, 1999, per diem interest of $707.09 per day (other than with respect to the payment to Farrell Fritz) shall be due until payme
