LOAN AND SECURITY AGREEMENT Dated as of October 22, 2010 by and among ADS TACTICAL, INC., as Holdings, ATLANTIC DIVING SUPPLY, INC., as Borrower and MAR- VEL INTERNATIONAL, INC. and certain other Subsidiaries of the Borrower, as Subsidiary Guarantors,...Loan and Security Agreement • February 8th, 2011 • ADS Tactical, Inc. • New York
This Loan and Security Agreement dated October 22, 2010 is entered into by and among ADS TACTICAL, INC., a Delaware corporation (“Holdings”), ATLANTIC DIVING SUPPLY, INC. (d/b/a ADS, Inc.), a Virginia corporation (the “Borrower”), MAR-VEL INTERNATIONAL, INC., a New Jersey corporation, and each additional Subsidiary of the Borrower that becomes a party hereto as a “Guarantor” (collectively, the “Subsidiary Guarantors”), the parties hereto from time to time as lenders, whether by execution of this Agreement or an Assignment and Assumption (collectively, the “Lenders,” as hereinafter further defined) and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, in its capacity as administrative agent for the Lenders (in such capacity, the “Administrative Agent” as hereinafter further defined).
FLEX LEASEFlex Lease • February 8th, 2011 • ADS Tactical, Inc. • New Jersey
This Lease made as of the 30th day of November, 2005 between 7115 Airport Highway, LLC, a New Jersey Limited Liability Company, (the “Landlord”) having maintaining an office at 7115 Airport Highway, Pennsauken, NJ, 08109 and Mar-Vel International, Inc., a New Jersey Corporation, (the “Tenant”) maintaining an office at 7100 Airport Highway, Pennsauken, NJ 08109.
EMPLOYMENT AGREEMENTEmployment Agreement • February 8th, 2011 • ADS Tactical, Inc. • Virginia
THIS EMPLOYMENT AGREEMENT (the “Agreement”), dated as of the 1st day of August, 2008 (“Effective Date”), by and among Atlantic Diving Supply, Inc., a Virginia corporation (“Company”) and Bruce Dressel (“Executive”).
ContractLease • February 8th, 2011 • ADS Tactical, Inc. • Virginia
THIS LEASE submitted for Tenant signature in triplicate this the 22 day of May, 2007, by and between KETTLER REALTY CORP., herein referred to as “Landlord”; and ADS, INC., herein referred to as “Tenant” with an invoice address of: 477 Viking Drive, Suite 350, Virginia Beach, VA 23452, and HARVEY LINDSAY COMMERCIAL REAL ESTATE, LLC, the Agent
LEASE AGREEMENTLease Agreement • February 8th, 2011 • ADS Tactical, Inc.
This LEASE AGREEMENT (“LEASE”), made this 23 day of July 2008, by and among Tactical Warehouse, LLC, a Virginia limited liability company (hereinafter called “Landlord”), whose mailing address is 477 Viking Drive Suite 350, Virginia Beach, Virginia 23452, and Atlantic Diving Supply, Inc., a Virginia corporation, (hereinafter called “Tenant”), whose mailing address is 477 Viking Drive, Suite 350, Virginia Beach, Virginia 23452.
LEASE ADDENDUM FOR TEMPORARY SPACEADS Tactical, Inc. • February 8th, 2011
This Agreement is made and entered into this 1st day of December, 2009, by and between Kettler Realty Corp., hereinafter referred to as “Landlord” and ADS, INC., hereinafter referred to as “Tenant”.
FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • February 8th, 2011 • ADS Tactical, Inc. • New York
THIS FIRST AMENDMENT (this “Amendment”), dated as of October 22, 2010, by and among ADS TACTICAL, INC. (formerly known as Tactical Holdcorp, Inc.), a Delaware corporation (“Holdings”), ATLANTIC DIVING SUPPLY, INC. (d/b/a ADS, Inc.), a Virginia corporation (the “Company”), the Subsidiaries of the Company identified as “Borrowers” on the signature pages hereto (together with the Company, the “Borrowers”), MAR-VEL INTERNATIONAL, INC., a New Jersey corporation and each additional Subsidiary of the Company identified as a “Guarantor” on the signature pages hereto (collectively, the “Subsidiary Guarantors” and, together with Holdings, the “Guarantors”), the Lenders signatory hereto, and WELLS FARGO BANK, NATIONAL ASSOCIATION (as successor by merger to Wachovia Bank, National Association), a national banking association, as administrative agent for the Lenders (“Administrative Agent”).
LEASE AGREEMENTLease Agreement • February 8th, 2011 • ADS Tactical, Inc.
This Lease Agreement (“Lease”) is entered into as of August 1, 2009, (the “Effective Date”), by and between Tactical Office, LLC, a Virginia limited liability company (“Landlord”), and Atlantic Diving Supply, Inc., a Virginia corporation (“Tenant”). In consideration of the mutual covenants set forth herein, Landlord and Tenant agree as follows:
SUBLEASEADS Tactical, Inc. • February 8th, 2011
