SECURITY AGREEMENTSecurity Agreement • October 24th, 2002 • Illinois Superconductor Corporation • Instruments for meas & testing of electricity & elec signals • New York
Security Agreement, dated as of October 23, 2002 made by and among ISCO International, Inc., a Delaware Corporation with offices at 451 Kingston Court, Mt. Prospect, Illinois 60056 and formerly known as Illinois Superconductor Corporation (the “Company”), each of the Company’s undersigned subsidiaries (the “Subsidiaries,” the Company and Subsidiaries are hereafter collectively referred to as the “Debtors” or individually as a “Debtor”), Manchester Securities Corporation, a New York corporation with offices at 712 Fifth Avenue, 36th Floor, New York, New York 10019 (“Manchester”), Alexander Finance, LP, an Illinois limited partnership with offices at 1560 Sherman Avenue, Evanston, IL 60201 (“Alexander”; Manchester and Alexander are sometimes individually referred to as a “Secured Party” or together referred to as “Secured Parties”), and Manchester Securities Corporation as collateral agent (the “Collateral Agent”).
LOAN AGREEMENTLoan Agreement • October 24th, 2002 • Illinois Superconductor Corporation • Instruments for meas & testing of electricity & elec signals • New York
LOAN AGREEMENT (“Agreement”) dated as of October 23, 2002 (the “Closing Date”) by and among Manchester Securities Corporation, a New York corporation (“Manchester”), Alexander Finance, L.P., an Illinois limited partnership (“Alexander” and together with Manchester, the “Lenders”) and ISCO International, Inc., a corporation organized and existing under the laws of Delaware and formerly known as Illinois Superconductor Corporation (the “Company”).
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • October 24th, 2002 • Illinois Superconductor Corporation • Instruments for meas & testing of electricity & elec signals • New York
THIS REGISTRATION RIGHTS AGREEMENT (“Agreement”) is entered into as of October 23, 2002 between ISCO International, Inc., a Delaware corporation with offices at 451 Kingston Court, Mt. Prospect, Illinois 60056 (the “Company”) and Manchester Securities Corporation, a New York corporation, and Alexander Finance, L.P., an Illinois limited partnership (each a “Lender” and collectively, the “Lenders”).
