CREDIT AGREEMENT Between and SI TECHNOLOGIES, INC. Dated June , 2002 (November 5th, 2004)
This Credit Agreement (the Agreement) is entered into on June , 2002, between U.S. BANK NATIONAL ASSOCIATION (U.S. Bank) and SI TECHNOLOGIES, INC. (SI).
Contract (November 5th, 2004)
THIS WARRANT AND THE SECURITIES ISSUABLE UPON THE EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE ACT), OR ANY STATE SECURITIES LAWS. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT TO THE SECURITIES UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR UNLESS (i) SOLD PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS AND (ii) THE COMPANY, IF IT SO REQUESTS, HAS RECEIVED AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.
Severance Agreement and Release (November 5th, 2004)
This Severance Agreement and Release (this Agreement) is made effective as of March 15, 2004 by and between Rick A. Beets (Employee) and SI Technologies, Inc. (the Company), with reference to the following facts: