FORBEARANCE AGREEMENTForbearance Agreement • November 9th, 2018 • TRANS LUX Corp • Miscellaneous manufacturing industries • New York
THIS FORBEARANCE AGREEMENT TO CREDIT AND SECURITY AGREEMENT (this “Agreement”), dated as of November 6, 2018, is made and entered into by and among CNH FINANCE FUND I, L.P., a Delaware limited partnership (formerly known as SCM Specialty Finance Opportunities Fund, L.P.) (“Lender”), and TRANS-LUX CORPORATION, a Delaware corporation (“Trans-Lux Corp.”), TRANS-LUX DISPLAY CORPORATION, a Delaware corporation, TRANS-LUX MIDWEST CORPORATION, an Iowa corporation, TRANS-LUX ENERGY CORPORATION, a Connecticut corporation (collectively, “Borrowers”).
AGREEMENT AND RELEASEAgreement and Release • November 9th, 2018 • TRANS LUX Corp • Miscellaneous manufacturing industries
This Separation Agreement and General Release (this “Agreement”) dated as of July 31, 2018 (the “Effective Date”) is entered into by and between Trans-Lux Corporation, a Delaware corporation (the “Company”) and Jean-Marc Allain (“Employee,” and, together with the Company, the “Parties”).
