0000949353-08-000431 Sample Contracts

Contract with FPF
Purchase and Supply Agreement • October 17th, 2008 • ENERGY COMPOSITES Corp • Plastics products, nec • Wisconsin

THIS PURCHASE AND SUPPLY AGREEMENT (this “Agreement”) is made and entered into as of this 13th day of October, 2008 (the “Effective Date”), by and between Advanced Fiberglass Technologies, Inc., a Wisconsin corporation (“Purchaser”) and Fiberglass Piping & Fitting Company, a Wisconsin corporation (“Supplier”).

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INDUSTRIAL DEVELOPMENT REVENUE BONDS, CREDIT AGREEMENT DATED FEBRUARY 28, 2007
Credit Agreement • October 17th, 2008 • ENERGY COMPOSITES Corp • Plastics products, nec • Wisconsin

THIS CREDIT AGREEMENT, dated February 28, 2007 (this “Agreement”), is made by and between ADVANCED FIBERGLASS TECHNOLOGIES, INC., a Wisconsin corporation (the “Corporation”), M & W FIBERGLASS, LLC, a Wisconsin limited liability company (the “LLC”), JAMIE L. MANCL, an individual resident of the State of Wisconsin, and JENNIFER MANCL, an individual resident of the State of Wisconsin (Jamie L. Mancl and Jennifer Mancl being referred to herein as the “Individual Borrowers”) (as used herein the term “Borrower” shall mean, the Corporation, the LLC and the Individual Borrowers, individually or collectively, as the context requires), and NEKOOSA PORT EDWARDS STATE BANK, Nekoosa, Wisconsin, as lender and as agent for the financial institutions from time to time parties hereto (the “Bank” or the “Original Purchaser”).

INDUSTRIAL DEVELOPMENT REVENUE BONDS, SECURITY AGREEMENT DATED FEBRUARY 28, 2007
Security Agreement • October 17th, 2008 • ENERGY COMPOSITES Corp • Plastics products, nec • Wisconsin

THIS SECURITY AGREEMENT, dated as of February 28, 2007 (this “Agreement”), is made by and among ADVANCED FIBERGLASS TECHNOLOGIES, INC., a Wisconsin corporation (the “Corporation”) and M & W FIBERGLASS, LLC, a Wisconsin limited liability company (the “LLC,” and together with the Corporation, are referred to herein individually as a “Debtor” or collectively, “Debtors”), in favor of NEKOOSA PORT EDWARDS STATE BANK, as Trustee and as Original Purchaser (“Bank” or “Secured Party”).

INDUSTRIAL DEVELOPMENT REVENUE BONDS, BOND AGREEMENT DATED FEBRUARY 28, 2007
Bond Agreement • October 17th, 2008 • ENERGY COMPOSITES Corp • Plastics products, nec • Wisconsin

The Issuer desires to issue the Bonds (hereinafter defined) and to lend the proceeds thereof to the Borrowers, and the Borrowers wish to borrow such proceeds from the Issuer, for the purpose of financing the Project (hereinafter defined).

OPTION AGREEMENT DATED JUNE 18, 2008
Option Agreement • October 17th, 2008 • ENERGY COMPOSITES Corp • Plastics products, nec • Wisconsin

THIS OPTION AGREEMENT (this "Agreement") is made and entered into as of this 18th day of June, 2008 (the “Effective Date”), by and between ADVANCED FIBERGLASS TECHNOLOGIES, INC., a Wisconsin corporation ("Buyer"), and M & W FIBERGLASS, LLC, a Wisconsin limited liability company (the "Company").

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