FOURTH AMENDMENT TO CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • March 2nd, 2016 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
This FOURTH AMENDMENT TO CREDIT AND SECURITY AGREEMENT (this "Fourth Amendment") is entered into as of February 29, 2016, among MFRI, INC., a Delaware corporation (the "Company"), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation ("Midwesco"), PERMA-PIPE, INC., a Delaware corporation ("Perma-Pipe"), TC NILES CORPORATION, a Delaware corporation ("TC Niles"), TDC FILTER MANUFACTURING, INC., a Delaware corporation ("TDC"), MM NILES CORPORATION, a Delaware corporation ("MM Niles"), and PERMA-PIPE CANADA, INC., a Delaware corporation ("Perma-Pipe Canada") (each of the Company, Midwesco, Perma-Pipe, TC Niles, TDC, MM Niles, and Perma-Pipe Canada may be referred to herein individually, as a "Borrower" and collectively, as "Borrowers"), and BMO HARRIS BANK N.A., as lender ("Lender").
SECOND AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 2nd, 2016 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip
THIS SECOND AMENDMENT (this "Amendment"), dated as of February 25, 2016, 2016, to the Employment Agreement, dated as of November 12, 2007 and as amended March 19, 2014 (the "Agreement"), by and between Perma-Pipe, Inc., a Delaware corporation ("Perma-Pipe" or the "Employer"), MFRI, Inc., a Delaware corporation ("MFRI" or the "Parent Company"), and Fati Elgendy (the "Employee") is made by and between the Employer, MFRI and the Employee.
