DISTRIBUTION AND MANAGEMENT AGREEMENT dated as of , 2009 ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC. and SUMNER HARRINGTON LTD. Renewable Unsecured Subordinated NotesDistribution and Management Agreement • February 9th, 2009 • Advanced Environmental Recycling Technologies Inc • Millwood, veneer, plywood, & structural wood members • Minnesota
THIS DISTRIBUTION AND MANAGEMENT AGREEMENT is entered into as of this ___day of , 2009 by and between Advanced Environmental Recycling Technologies, Inc., a Delaware corporation (the “Company”), and Sumner Harrington Ltd., a Minnesota corporation (the “Agent”).
ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC. RENEWABLE UNSECURED SUBORDINATED NOTE SUBSCRIPTION AGREEMENTNote Subscription Agreement • February 9th, 2009 • Advanced Environmental Recycling Technologies Inc • Millwood, veneer, plywood, & structural wood members
To purchase a renewable unsecured subordinated note(s), please complete this form and write a check made payable to ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC. (“AERT”). Send this form along with your check and any other documents requested below to the selling agent for the notes, SUMNER HARRINGTON LTD., 11100 WAYZATA BOULEVARD, SUITE 170, MINNEAPOLIS, MN 55305. If you have any questions, call the selling agent for the notes, SUMNER HARRINGTON LTD., at 800-234-5777.
GREENSTONE HOLDINGS GROUP, LLC 48 Wall Street, Suite 1100 New York, NY 10005 Tel: 212-918-4570 Fax: 212-918-4801Advanced Environmental Recycling Technologies Inc • February 9th, 2009 • Millwood, veneer, plywood, & structural wood members • New York
This letter (“Agreement”) confirms the understanding between Advanced Environmental Recycling Technologies, Inc., its subsidiaries and related companies (collectively, the “Company”) and Greenstone Holdings Group, LLC, (“GSH”) pursuant to which the Company has engaged GSH to act as the Company’s exclusive consultant in connection with respect to, but not limited to, corporate structure, public market strategies and fundraising activities for a period of 18 months. The Company will submit a Schedule B, within seven days, to GSH identifying any potential funders they are currently in negotiations with that they request GSH does not contact.
INDENTURE Dated as of , 2009, by and between ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC., as obligor and U.S. BANK NATIONAL ASSOCIATION, as trustee Renewable Unsecured Subordinated NotesIndenture • February 9th, 2009 • Advanced Environmental Recycling Technologies Inc • Millwood, veneer, plywood, & structural wood members • New York
THIS INDENTURE is hereby entered into as of , 2009, by and between Advanced Environmental Recycling Technologies, Inc., a Delaware corporation (the “Company”), as obligor, and U.S. Bank National Association, as trustee (the “Trustee”).
