EXHIBIT 10.37 SETTLEMENT AGREEMENT This Agreement which is executed on this 17th day of January, 2000 is by and among: MFIC Corporation, formerly Microfluidics International Corporation, a corporation organized under the laws of Delaware ("MFIC" or...Settlement Agreement • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture
W I T N E S S E T H:Loan Agreement • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture
EXHIBIT 10.29 SECURITY AGREEMENT Inventory, Accounts, Equipment and Other Property -----------------------------------------------------------------Security Agreement • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture • Massachusetts
TERM NOTETerm Note • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture
FOR VALUE RECEIVED, the undersigned, MFIC Corporation, a Delaware corporation with its principal office at 30 Ossipee Road, Newton, Massachusetts 02464 (the "Borrower") absolutely and unconditionally promises to pay to the order of National Bank of Canada, a Canadian chartered bank (the "Lender"), at the head office of the Lender, One Federal Street, Boston, Massachusetts 02110, in immediately available funds, the principal sum of Four Hundred Seventy-Five Thousand and 00/100 DOLLARS ($475,000.00), together with interest thereon, payable as follows:
EXHIBIT 10.27 REVOLVING CREDIT NOTEMicrofluidics International Corp • March 30th, 2000 • Laboratory apparatus & furniture
This Revolving Credit Note is the Revolving Credit Note which has been executed and delivered in accordance with Section 2.3 of the Loan Agreement. Reference is made to the Loan Agreement for a description of the benefits to which the Lender is entitled on account hereof and for reference to the security interests which secure the Liabilities.
EXHIBIT 10.26 REVOLVING CREDIT AND TERM LOAN AGREEMENTCredit and Term Loan Agreement • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture
EXHIBIT 10.34 Subordination Agreement ----------------------------------------- ---------------------------------------Subordination Agreement • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture
EXHIBIT 10.30 TRADEMARK AND TRADEMARK APPLICATIONS SECURITY AGREEMENTTrademark and Trademark Applications Security Agreement • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture
EXHIBIT 10.33 STOCK PLEDGE AGREEMENT This STOCK PLEDGE AGREEMENT is made as of this 28th day of February, 2000, by and between MFIC Corporation, a Delaware corporation (the "Company"), with a place of business at 30 Ossipee Road, Newton, Massachusetts...Stock Pledge Agreement • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture • Massachusetts
EXHIBIT 10.32 UNLIMITED GUARANTY GUARANTY, dated as of February 28, 2000 by Microfluidics Corporation, a Delaware corporation with a place of business at 30 Ossipee Road, Newton, Massachusetts 02464 (the "Guarantor"), in favor of National Bank of...Unlimited Guaranty • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture • Massachusetts
December 31, 1999 Irwin J. Gruverman 16 Tanglewood Road Needham, MA 02494 Dear Mr. Gruverman: This will confirm our Agreement concerning charges you will incur in connection with your activities for G & G Diagnostics Corporation , and other...Microfluidics International Corp • March 30th, 2000 • Laboratory apparatus & furniture
This will confirm our Agreement concerning charges you will incur in connection with your activities for G & G Diagnostics Corporation , and other arrangements.
EXHIBIT 10.35 PURSUANT TO A SUBORDINATION AGREEMENT DATED AS OF FEBRUARY 28, 2000, AND IN EFFECT BY AND AMONG MFIC CORPORATION, NATIONAL BANK OF CANADA AND LAKE SHORE INDUSTRIES, INC. THE REPAYMENT OF THIS NOTE AND ALL INDEBTEDNESS EVIDENCED HEREBY IS...A Subordination Agreement • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture • Massachusetts
EXHIBIT 10.39 December 31, 1999 Irwin J. Gruverman 16 Tanglewood Road Needham, MA 02194 Dear Mr. Gruverman: This will confirm our Agreement concerning your compensation as Chairman and CEO of MFIC. Subject to approval by the Board, we will pay you at...Microfluidics International Corp • March 30th, 2000 • Laboratory apparatus & furniture
Subject to approval by the Board, we will pay you at a base rate of $95,000 per year, beginning January 1,2000. You will participate in a bonus pool, if any, for management employees. You agree that MFIC will withhold money from your compensation to pay appropriate taxes. You will be included in MFIC's insurance and medical programs as in past years, at no cost to you, as part of your compensation.
PATENT AND PATENT APPLICATIONS SECURITY AGREEMENTPatent and Patent Applications Security Agreement • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture
EXHIBIT 10.17 SUPPLEMENTAL AGREEMENT THIS AGREEMENT, effective this 31ST the day of December 1997 ("Effective Date") is made between Catalytica Advanced Technologies, Inc., a Delaware corporation (CATI") being a wholly owned subsidiary of Catalytica,...Supplemental Agreement • March 30th, 2000 • Microfluidics International Corp • Laboratory apparatus & furniture • California
