ContractSten Corp • November 29th, 2007 • Short-term business credit institutions • New York
THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS. THIS WARRANT AND THE COMMON STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT AS TO THIS WARRANT UNDER SAID ACT AND ANY APPLICABLE STATE SECURITIES LAWS OR (B) AN EXEMPTION FROM SUCH REGISTRATION REQUIREMENTS.
SECURITY AGREEMENT THE LENDERS From Time to Time Party Hereto STEN CORPORATION STEN CREDIT CORPORATION STENCOR, INC. EASYDRIVE CARS AND CREDIT CORPORATION BTAC PROPERTIES, INC. STEN FINANCIAL CORPORATION BURGER TIME ACQUISITION CORPORATION STEN...Security Agreement • November 29th, 2007 • Sten Corp • Short-term business credit institutions • New York
This SECURITY AGREEMENT is made as of November 23, 2007 (as amended, restated, supplemented and/or modified from time to time, this “Agreement”) by and among the lenders from time to time party hereto (individually, each a “Lender”, and collectively, the “Lenders”), LV ADMINISTRATIVE SERVICES, INC., a Delaware corporation, as administrative and collateral agent for the Lenders (in such capacity, the “Agent” and together with the Lenders, the “Creditor Parties”), STEN CREDIT CORPORATION, a Utah corporation (“STEN Credit”), STENCOR, INC., a Minnesota corporation (“Stencor”), and EASYDRIVE CARS AND CREDIT CORPORATION, an Arizona corporation (“Easydrive”; and together with STEN Credit and Stencor, individually, each a “Borrower”, and collectively, the “Borrowers”) STEN CORPORATION, a Minnesota corporation (the “Parent”), and each party listed on Exhibit A attached hereto (each a “Loan Party” and collectively, the “Loan Parties”; the Parent, the Borrowers and each Loan Party, each a “Compan
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • November 29th, 2007 • Sten Corp • Short-term business credit institutions • New York
This Agreement is made pursuant to the Security Agreement dated as of the date hereof by and among the Company, various subsidiaries of the Company, the Investor, the other Lenders (as defined thereunder) and LV Administrative Services, Inc., as administrative and collateral agent for the Lenders (as amended, restated, modified and/or supplemented from time to time, the “Security Agreement”).
ContractSten Corp • November 29th, 2007 • Short-term business credit institutions • New York
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS. THIS NOTE MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THIS NOTE UNDER SAID ACT AND ANY APPLICABLE STATE SECURITIES LAWS OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO STEN CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.
