International Absorbents Inc. – Contract (April 29th, 2010)
Effective as of April 27, 2010, the board of directors of International Absorbents Inc. (the "Company), with Gordon Ellis declaring his interest as a holder of outstanding restricted stock unit performance awards and abstaining from voting, based on the recommendation of the compensation committee and in light of the pending arrangement under the Arrangement Agreement among the Company, IAX Acquisition Corporation and IAX Canada Acquisition Company Inc., approved an amendment to each Performance Award Agreement for Restricted Stock Units held by the Company's executive officers, each of which was granted on September 17, 2008, to extend the determination date (as defined in each agreement) from April 30, 2010 to May 31, 2010 for purposes of calculating whether the performance targets had been achieved for fiscal year 2010 and determining the vesting percentage for the first 50% of the restricted stock units thereunder.
International Absorbents Inc. – INTERNATIONAL ABSORBENTS INC. And COMPUTERSHARE TRUST COMPANY OF CANADA as Rights Agent SHAREHOLDER RIGHTS PLAN AGREEMENT June 11, 2009 (September 11th, 2009)
THIS AMENDED AND RESTATED SHAREHOLDER RIGHTS PLAN AGREEMENT (the Rights Plan) is made and entered into on June 10, 2009, between International Absorbents Inc. (the Corporation), a corporation incorporated under the laws of British Columbia, and Computershare Trust Company of Canada, a trust company incorporated under the laws of Canada, as Rights Agent (the Rights Agent, which term shall include any successor Rights Agent hereunder).
International Absorbents Inc. – Indemnification Agreement (April 30th, 2008)
THIS INDEMNIFICATION AGREEMENT (the "Agreement" ) is made as of this ________ day of ____________between International Absorbents Inc. and its subsidiary Absorption Corp. (and together the "Corporation" ) and ______________________ (the "Indemnified Party" ).
International Absorbents Inc. – Form of Stock Option Agreement Under 2003 Omnibus Incentive Plan International Absorbents Inc. 2003 Omnibus Incentive Plan Stock Option Grant Agreement (May 14th, 2007)
This Grant Agreement (the Agreement) is entered into this day of , , by and between International Absorbents, Inc., a British Columbia Corporation (the Corporation) and (Grantee) of .
International Absorbents Inc. – Rental Agreement (April 10th, 2007)
THIS RENTAL AGREEMENT (the Agreement) is made and entered into this 15th day of March, 2003, by and between International Absorbents Inc., a British Columbia corporation and ABE Industries (1980) Inc., a British Columbia corporation.
International Absorbents Inc. – Corporate Guaranty and Negative Pledge Agreement (December 8th, 2006)
For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and to induce GE Capital Public Finance, Inc., a Delaware corporation (herein, with its participants, successors and assigns, Lender), at its option, to provide financing to or for the account of Washington Economic Development Finance Authority (Issuer) and Absorption Corp. (Borrower) or to engage in any other transactions with Borrower and Issuer, the undersigned hereby: (a) absolutely and unconditionally guarantees to Lender the full and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise in accordance with the terms of the Loan Agreement (as defined below), of any and all present and future debts, liabilities and obligations owed by Borrower or Issuer to Lender evidenced by or arising out of the Loan Agreement dated as of September 1, 2006 (the Loan Agreement) among Lender, Borrower and Issuer, and any and all extensions, renewals, modificati
International Absorbents Inc. – Shareholder Rights Plan Agreement (May 12th, 2006)
THIS AGREEMENT dated May 1, 2006 between International Absorbents Inc. (the Corporation), a corporation incorporated under the laws of British Columbia, and Pacific Corporate Trust Company, a trust company incorporated under the laws of British Columbia, as Rights Agent (the Rights Agent, which term shall include any successor Rights Agent hereunder).
International Absorbents Inc. – Contract (April 6th, 2005)
EXHIBIT 10.19 EMPLOYMENT AGREEMENT THIS EMPLOYMENT AGREEMENT (the "Agreement") is made and entered into this 26th day of August, 2004, and by and between Absorption Corp., a Nevada Corporation (the "Company"), and Doug Ellis, an individual resident of the Province of British Columbia, (the "Executive"). WITNESSETH: WHEREAS, the Executive has heretofore been engaged by International Absorbents, Inc. (the "Parent Company") to look after manufacturing, production and operations of the Company and has the experience to provide services; WHEREAS, the Company desires to retain the services of the executive, and the Executive desires to be employed by the Company for the term of this Agreement and each wants the terms and conditions as set out herein; NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements set forth herein, the Company and the Executive, intending to be legally bound, hereby
International Absorbents Inc. – Contract (September 9th, 2004)
International Absorbents Inc. – Contract (April 1st, 2004)
EXHIBIT 10.7 DOUGLAS ELLIS CONTRACT FOR SERVICES THIS SERVICES AGREEMENT (the "Agreement") is made and entered into this 1st day of May, 2003, by and between International Absorbents, Inc., a British Columbia corporation (the "Company"), and Douglas Ellis operating under the firm name and style of Current Systems, an individual proprietorship which is resident in the Province of British Columbia, Canada, and Current Systems offers expertise and services to International Absorbents, Inc. WITNESSETH: WHEREAS Current Systems has knowledge in the manufacture, sales, marketing, and management of specialty fiber products businesses and has a desire to offers this expertise as a services to the Company. WHEREAS, the Company desires to retain this expertise through Current Systems, and the Current systems desires to be retained by the Company for the term of this