FIRST AMENDMENT TO REVOLVING NOTE Loan No. 600804665-57Cti Industries Corp • July 24th, 1997
EXHIBIT 10.7 SUBSCRIPTION AGREEMENT THIS AGREEMENT the 8th day of March, 1996 by and among CTI Industries Corporation, a Delaware corporation, (the "Company") and ______________, an Illinois _____________ ("Investors"). WHEREAS, the Company is engaged...Subscription Agreement • July 24th, 1997 • Cti Industries Corp • Illinois
EXHIBIT 10.15 LOAN AND SECURITY AGREEMENT THIS AGREEMENT is made as of August 22, 1996, by and between CTI Industries Corporation, a Delaware corporation (the "Borrower"), and First American Bank, an Illinois banking corpo ration (the "Bank"). In...Loan and Security Agreement • July 24th, 1997 • Cti Industries Corp
CTI INDUSTRIES CORPORATION AND CONTINENTAL STOCK TRANSFER & TRUST COMPANYWarrant Agreement • July 24th, 1997 • Cti Industries Corp • New York
EXHIBIT 10.8 SUBSCRIPTION AGREEMENT THIS AGREEMENT is made and entered into this 20th day of June, 1997 by and among CTI Industries Corporation, a Delaware corporation, having its principal place of business at 22160 N. Pepper Road, Barrington,...Subscription Agreement • July 24th, 1997 • Cti Industries Corp • Illinois
EXHIBIT 10.16 THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENT This Agreement is made as of July 1, 1997 among CTI Industries Corporation, a Delaware corporation (the "Borrower"), and First American Bank, an Illinois banking corporation (the "Bank"),...Loan and Security Agreement • July 24th, 1997 • Cti Industries Corp • Illinois
Third Term Note Page TwoCti Industries Corp • July 24th, 1997
FOR VALUE RECEIVED, the undersigned, CTI Industries Corporation, a Delaware corporation (the "Borrower"), hereby promises to pay to the order of First American Bank, an Illinois banking corporation (the "Bank"), the principal sum of Two Hundred Seventy Five Thousand and No/100 Dollars ($275,000.00) on October 1, 2000 (or earlier as hereinafter provided), or so much thereof as may be advanced by the Bank and evidenced by this Note under the Loan and Security Agreement dated August 19, 1996, as it has been amended from time to time, between the Borrower and the Bank (the "Loan Agreement"), together with interest to maturity (whether by lapse of time, acceleration, or otherwise) on the balance of principal remaining from time to time out standing at a fluctuating rate per annum equal to one percent (1%) per annum over the Prime Rate announced from time to time by the Bank (which may not be the Bank's lowest rate of interest) which shall be adjusted daily when and as the Bank's Prime Rate
EXHBIT 10.2 E M P L O Y M E N T A G R E E M E N T THIS AGREEMENT, made and entered into this 29th day of April, 1996 effective for the term provided herein, by and between CTI Industries Corporation, a Delaware corporation (the "Company") and John C....Cti Industries Corp • July 24th, 1997 • Illinois
AGREEMENTAgreement • July 24th, 1997 • Cti Industries Corp • Illinois
EXHIBIT 1.1 1,333,333 Units, Each Unit Consisting of One Share of Common Stock and One Redeemable Warrant CTI INDUSTRIES CORPORATION UNDERWRITING AGREEMENTUnderwriting Agreement • July 24th, 1997 • Cti Industries Corp • New York
THIS INSTRUMENT WAS ) PREPARED BY AND AFTER ) RECORDING RETURN TO: ) Maria F. Cardone ) First American Bank ) 975 Busse Road ) Elk Grove Village, ) Illinois 60007 ) ) PERMANENT INDEX #: ) 13-21-400-014 ) ) STREET ADDRESS: ) 22160 North Pepper Road )...Cti Industries Corp • July 24th, 1997 • Illinois
Revolving Note Page TwoCti Industries Corp • July 24th, 1997
FOR VALUE RECEIVED, the undersigned, CTI Industries Corporation, a Delaware corporation (the "Borrower"), hereby promises to pay to the order of First American Bank, an Illinois banking corporation (the "Bank"), the principal sum of Three Million and No/100 Dollars ($3,000,000.00), or so much thereof as may be advanced by the Bank and evidenced by this Note under the Loan and Security Agreement dated August 19, 1996 between the Borrower and the Bank (the "Loan Agreement"), on September 1, 1997 (or earlier as hereinafter provided), together with interest to maturity (whether by lapse of time, acceleration, or other wise) on the balance of principal remaining from time to time outstanding at a fluctuating rate per annum equal to one percent (1%) per annum over the Prime Rate announced from time to time by the Bank (which may not be the Bank's lowest rate of interest) which shall be adjusted daily when and as the Bank's Prime Rate changes. Interest shall be calculated on the basis of a 36
EXHIBIT 10.12 AMENDMENT TO AGREEMENT THIS AMENDMENT TO AGREEMENT is made and entered into this 24th day of May, 1996 by and among CTI Industries Corporation ("CTI") and Pulidos et Terminados Finos s.a. de c.v. (P&TF). WHEREAS, CTI and P&TF have...To Agreement • July 24th, 1997 • Cti Industries Corp
EXHIBIT 10.3 STOCK REDEMPTION AGREEMENT THIS AGREEMENT is entered into this 1st day of March, 1996, by and between John C. Davis, an individual residing at ______________________ ("Seller") and CTI Industries Corporation, a Delaware corporation,...Stock Redemption Agreement • July 24th, 1997 • Cti Industries Corp • Illinois
Guaranty -2-Cti Industries Corp • July 24th, 1997
Exhibit 10.17 FIRST TERM NOTECti Industries Corp • July 24th, 1997
FOR VALUE RECEIVED, the undersigned, CTI Industries Corporation, a Delaware corporation (the "Borrower"), hereby promises to pay to the order of First American Bank, an Illinois banking corporation (the "Bank"), the principal sum of One Million One Hundred Thousand and No/100 Dollars ($1,100,000.00) on September 1, 2001 (or earlier as hereinafter provided), or so much thereof as may be advanced by the Bank and evidenced by this Note under the Loan and Security Agreement dated August 22, 1996 between the Borrower and the Bank (the "Loan Agreement"), together with interest to maturity (whether by lapse of time, accel eration, or otherwise) on the balance of principal remaining from time to time outstanding at a fluctuating rate (or such lower interest rate as determined by Section 1.3.4 of the Loan Agreement) per annum equal to one percent (1%) per annum over the Prime Rate announced from time to time by the Bank (which may not be the Bank's lowest rate of interest) which shall be adjust
AGREEMENTAgreement • July 24th, 1997 • Cti Industries Corp
EXHIBIT 10.25 FINANCIAL ADVISORY AND CONSULTING AGREEMENT This Agreement is made and entered into as of this __ day of ________, 1997, by and between CTI Industries Corporation, a Delaware corporation (the "Company"), and Joseph Stevens & Company,...Financial Advisory and Consulting Agreement • July 24th, 1997 • Cti Industries Corp • New York
ANDUnderwriter's Warrant Agreement • July 24th, 1997 • Cti Industries Corp • New York
Fourth Term Note Page TwoFourth Term Note • July 24th, 1997 • Cti Industries Corp
FOR VALUE RECEIVED, the undersigned, CTI Industries Corporation, a Delaware corporation (the "Borrower"), hereby promises to pay to the order of First American Bank, an Illinois banking corporation (the "Bank"), the principal sum of Two Hundred Thousand and No/100 Dollars ($200,000.00) on July 1, 1998 (or earlier as hereinafter provided), or so much thereof as may be advanced by the Bank and evidenced by this Note under the Loan and Security Agreement dated August 19, 1996, as it has been amended from time to time, between the Borrower and the Bank (the "Loan Agreement"), together with interest to maturity (whether by lapse of time, acceleration, or otherwise) on the balance of principal remaining from time to time outstanding at a fluctuating rate per annum equal to one percent (1%) per annum over the Prime Rate announced from time to time by the Bank (which may not be the Bank's lowest rate of interest) which shall be adjusted daily when and as the Bank's Prime Rate changes. Interest
