Preferred Stock Repurchase and Financial Restructuring Agreement Sample Contracts

PREFERRED STOCK REPURCHASE AND FINANCIAL RESTRUCTURING AGREEMENT
Preferred Stock Repurchase and Financial Restructuring Agreement • October 2nd, 2012 • Environmental Tectonics Corp • Miscellaneous electrical machinery, equipment & supplies • Pennsylvania

This Preferred Stock Repurchase and Financial Restructuring Agreement (this “Agreement”) is entered into as of September 28, 2012, by and between ENVIRONMENTAL TECTONICS CORPORATION, a Pennsylvania corporation, with its principal place of business at 125 James Way, Southampton, Pennsylvania 18966, fax no. 215-357-4000 (the “Company”), and H.F. LENFEST, an individual residing in the Commonwealth of Pennsylvania, with offices at 200 Barr Harbor Drive, Suite 450, Conshohocken, Pennsylvania 19428 (“Lenfest”).