EX-10
from 8-K
9 pages
Neither This Security Nor the Securities as to Which This Security May Be Exercised Have Been Registered With the Securities and Exchange Commission or the Securities Commission of Any State in Reliance Upon an Exemption From Registration Under the Securities Act of 1933, as Amended (The “Securities Act”), And, Accordingly, May Not Be Offered or Sold Except Pursuant to an Effective Registration Statement Under the Securities Act or Pursuant to an Available Exemption From, or in a Transaction Not Subject To, the Registration Requirements of the Securities Act and in Accordance With Applicable State Securities Laws as Evidenced by a Legal Opinion of Counsel to the Transferor to Such Effect. This Security and the Securities Issuable Upon Exercise of This Security May Be Pledged in Connection With a Bona Fide Margin Account or Other Loan Secured by Such Securities. Common Stock Purchase Warrant Infinite Group, Inc. Warrant Shares: 160,125 Date of Issuance: November 3, 2021
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EX-10
from 8-K
10 pages
Neither This Security Nor the Securities as to Which This Security May Be Exercised Have Been Registered With the Securities and Exchange Commission or the Securities Commission of Any State in Reliance Upon an Exemption From Registration Under the Securities Act of 1933, as Amended (The “Securities Act”), And, Accordingly, May Not Be Offered or Sold Except Pursuant to an Effective Registration Statement Under the Securities Act or Pursuant to an Available Exemption From, or in a Transaction Not Subject To, the Registration Requirements of the Securities Act and in Accordance With Applicable State Securities Laws as Evidenced by a Legal Opinion of Counsel to the Transferor to Such Effect. This Security and the Securities Issuable Upon Exercise of This Security May Be Pledged in Connection With a Bona Fide Margin Account or Other Loan Secured by Such Securities. Common Stock Purchase Warrant Infinite Group, Inc. Warrant Shares: 1,400,000 Date of Issuance: November 3, 2021
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EX-10
from 8-K
~10
pages
Sba Loan # 748520070-05 Sba Loan Name Infinite Group, Inc Date April _10_, 2020 Loan Amount $957,372.50 Interest Rate 1.00% Borrower Infinite Group, Inc Lender Upstate National Bank 1. Promise to Pay: In Return for the Loan, Borrower Promises to Pay to the Order of Lender the Amount of Nine Hundred Fifty-Seven Thousand Three Hundred Seventy-Two and 50/100 Dollars, Interest on the Unpaid Principal Balance, and All Other Amounts Required by This Note. 2. Definitions: 3. Payment Terms
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EX-10.1
from 8-K
3 pages
Line of Credit Note Agreement Between the Company and Donald W. Reeve Dated December 1, 2014 Line of Credit Note Agreement Dated December 1, 2014 Line Amount Used by Borrower Lifetime Index + Margin Contract Annual Rate of Interest $100,000 or More Prime + 2.85% 6.10% $50,000 to $99,999 Prime + 3.00% 6.25% $25,000 to $49,999 Prime + 3.25% 6.50% $5,000 to $24,999 Prime + 3.70% 6.95% Current Prime Rate 3.25%
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EX-10.1
from 10-Q
~5
pages
Advance Rate: Increased to 85.000% Discount/Fee: Reduced to Flat 0.466% Per Invoice, Based on Continued Average Pay Days of 40 Days or Less. May Be Adjusted Annually on a Prorated Basis if Future Average Pay Days Slows to More Than 40 Days, but Only as to New Accounts Purchased Thereafter. Interest Rate: Prime + 4.000% Per Annum, Charged Monthly in Arrears Against the Average Daily Outstanding Balance of Funds Advanced. Prime Rate Shall Be as Published and Updated From Time to Time in the Wall Street Journal, With No Floor on the Prime Rate. Minimum Usage Fee: 0.032% Per Month (0.384% Per Annum) Multiplied by the Difference Between $1,500,000 and the Total Accounts Purchased During Such Month, Calculated and Charged Monthly in Arrears. Contract Term: Extension of Existing Maturity Date to October 5, 2015. Igi May Terminate the Agreement by Giving at Least Thirty (30) Days Written Notice Prior to Each Annual Maturity Date. Otherwise, the Term Will Automatically Renew for an Additional Twelve Months. Financing: Total Aggregate Line of Credit Available Is $2,000,000, With a Sub-Limit of $1,500,000 for Hewlett Packard. Program Access Fee: None. Enrollment Fee: None. of Course, You Will Continue to Receive the Same Flexible and Reliable Funding and Award-Winning Customer Service. And, as Always, There Are No Financial Covenants, Field Audit Requirements, Legal Documentation Fees, Closing or Commitment Fees – Amerisource Has None of These
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