Exhibit 10.01


 


PROMISSORY NOTE


 


	Principal	Loan Date	Maturity	Loan No	Call / Coll	Account	Officer	Initials


 


	$5,000,000.00	12-09-2016	06-30-2018	53125	            BL1	2920	JPS	 


 


References in the boxes above are for
Lender's use only and do not limit the applicability of this document to any particular loan or item.


 


Any item above containing "***"
has been omitted due to text length limitations.


 


	Borrower:	
        OURPET'S COMPANY, VIRTU COMPANY
        and SMP COMPANY INCORPORATED

        1300 EAST STREET

        FAIRPORT HARBOR, OH 44077
	Lender:	
        The Huntington National Bank

        Commercial Banking #90383

        106 South Main Street

        Akron, OH 44308



 


	Principal Amount:  $5,000,000.00	Date of Note:  December 9, 2016


 


PROMISE TO PAY. OURPET'S COMPANY,
VIRTU COMPANY and SMP COMPANY INCORPORATED ("Borrower") jointly and severally promise to pay to The Huntington National
Bank ("Lender"), or order, in lawful money of the United States of America, the principal amount of Five Million &
00/100 Dollars ($5,000,000.00) or so much as may be outstanding, together with interest on the unpaid outstanding principal balance
of each advance. Interest shall be calculated from the date of each advance until repayment of each advance.


 


PAYMENT. Borrower will pay this
loan in one payment of all outstanding principal plus all accrued unpaid interest on June 30, 2018. In addition, Borrower will
pay regular monthly payments of all accrued unpaid interest due as of each payment date, beginning December 31, 2016, with all
subsequent interest payments to be due on the same day of each month after that. Unless otherwise agreed or required by applicable
law, payments will be applied first to any accrued unpaid interest; then to principal; and then to any late charges. Borrower will
pay Lender at Lender's address shown above or at such other place as Lender may designate in writing.


 


VARIABLE INTEREST RATE. The
interest rate on this Note is subject to change from time to time based on changes in an independent index which is the LIBO Rate. 
As used herein, LIBO Rate shall mean the rate obtained by dividing: (1) the actual or estimated per annum rate, or the arithmetic
mean of the per annum rates, of interest for deposits in U.S. dollars for the related LIBO Rate Interest Period (as hereinafter
defined), as determined by Lender in its discretion based upon reference to information which appears on page LIBOR01, captioned
ICE Benchmark Administration Interest Settlement Rates, of the Reuters America Network, a service of Reuters America Inc. (or such
other page that may replace that page on that service for the purpose of displaying London interbank offered rates; or, if such
service ceases to be available or ceases to be used by Lender, such other reasonably comparable money rate service as Lender may
select) or upon information obtained from any other reasonable procedure, as of two Banking Days (as hereinafter defined) prior
to the first day of a LIBO Rate Interest Period; by (2) an amount equal to one minus the stated maximum rate (expressed as a decimal),
if any, of all reserve requirements (including, without limitation, any marginal, emergency, supplemental, special or other reserves)
that is specified on the first day of each LIBO Rate Interest Period by the Board of Governors of the Federal Reserve System (or
any successor agency thereto) for determining the maximum reserve requirement with respect to eurocurrency funding (currently referred
to as "Eurocurrency liabilities" in Regulation D of such Board) maintained by a member bank of such System, or any other
regulations of any governmental authority having jurisdiction with respect thereto as conclusively determined by the Lender. 
Subject to any maximum or minimum interest rate limitation specified herein or by applicable law, any variable rate of interest
on the obligation evidenced hereby shall change automatically without notice to the Borrower on the first day of each LIBO Rate
Interest Period (the "Index"). The Index is not necessarily the lowest rate charged by Lender on its loans. If the Index
becomes unavailable during the term of this loan, Lender may designate a substitute index after notifying Borrower. Lender will
tell Borrower the current Index rate upon Borrower's request. The interest rate change will not occur more often than each month.
Borrower understands that Lender may make loans based on other rates as well. The Index currently is 0.617% per annum. Interest
on the unpaid principal balance of this Note will be calculated as described in the "INTEREST CALCULATION METHOD" paragraph
using a rate of 2.250 percentage points over the Index, rounded to the nearest percent, resulting in an initial rate of 2.867%
per annum based on a year of 360 days. NOTICE: Under no circumstances will the interest rate on this Note be more than the maximum
rate allowed by applicable law.


 


INTEREST CALCULATION METHOD. Interest
on this Note is computed on a 365/360 basis; that is, by applying the ratio of the interest rate over a year of 360 days, multiplied
by the outstanding principal balance, multiplied by the actual number of days the principal balance is outstanding. All interest
payable under this Note is computed using this method.


 


PREPAYMENT. Borrower may pay
without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender
in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interest. Rather, early payments
will reduce the principal balance due. Borrower agrees not to send Lender payments marked "paid in full", "without
recourse", or similar language. If Borrower sends such a payment, Lender may accept it without losing any of Lender's rights
under this Note, and Borrower will remain obligated to pay any further amount owed to Lender. All written communications concerning
disputed amounts, including any check or other payment instrument that indicates that the payment constitutes "payment in
full" of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount
must be mailed or delivered to: The Huntington National Bank, Commercial Banking #90383, 106 South Main Street, Akron, OH 44308.


 


LATE CHARGE. If a payment is
10 days or more late, Borrower will be charged 7.000% of the regularly scheduled payment or $35.00, whichever is greater.


 


INTEREST AFTER DEFAULT. Upon
default, including failure to pay upon final maturity, the interest rate on this Note shall be increased by adding an additional
6.000 percentage point margin ("Default Rate Margin"). The Default Rate Margin shall also apply to each succeeding interest
rate change that would have applied had there been no default. However, in no event will the interest rate exceed the maximum interest
rate limitations under applicable law.


 


DEFAULT. Each of the following
shall constitute an event of default ("Event of Default") under this Note:


 


Payment Default.
Borrower fails to make any payment when due under this Note.


 


Other Defaults. Borrower
fails to comply with or to perform any other term, obligation, covenant or condition contained in this Note or in any of the related
documents or to comply with or to perform any term, obligation, covenant or condition contained in any other agreement between
Lender and Borrower.


 






     


     


    

 


Default in Favor of Third
Parties. Borrower or any Grantor defaults under any loan, extension of credit, security agreement, purchase or sales agreement,
or any other agreement, in favor of any other creditor or person that may materially affect any of Borrower's property or Borrower's
ability to repay this Note or perform Borrower's obligations under this Note or any of the related documents.


 


False Statements.
Any warranty, representation or statement made or furnished to Lender by Borrower or on Borrower's behalf under this Note or the
related documents is false or misleading in any material respect, either now or at the time made or furnished or becomes false
or misleading at any time thereafter.


 


Insolvency. The dissolution
or termination of Borrower's existence as a going business, the insolvency of Borrower, the appointment of a receiver for any part
of Borrower's property, any assignment for the benefit of creditors, any type of creditor workout, or the commencement of any proceeding
under any bankruptcy or insolvency laws by or against Borrower.


 


Creditor or Forfeiture
Proceedings. Commencement of foreclosure or forfeiture proceedings, whether by judicial proceeding, self-help, repossession
or any other method, by any creditor of Borrower or by any governmental agency against any collateral securing the loan. This includes
a garnishment of any of Borrower's accounts, including deposit accounts, with Lender. However, this Event of Default shall not
apply if there is a good faith dispute by Borrower as to the validity or reasonableness of the claim which is the basis of the
creditor or forfeiture proceeding and if Borrower gives Lender written notice of the creditor or forfeiture proceeding and deposits
with Lender monies or a surety bond for the creditor or forfeiture proceeding, in an amount determined by Lender, in its sole discretion,
as being an adequate reserve or bond for the dispute.


 


Events Affecting Guarantor.
Any of the preceding events occurs with respect to any guarantor, endorser, surety, or accommodation party of any of the indebtedness
or any guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of,
or liability under, any guaranty of the indebtedness evidenced by this Note.


 


Change In Ownership.
Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.


 


Adverse Change. A
material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of
this Note is impaired.


 


Insecurity. Lender
in good faith believes itself insecure.


 


Right to Cure. 
If any default, other than a default on Indebtedness, is curable and if Borrower or Grantor, as the case may be, has not been given
a notice of a similar default within the preceding twelve (12) months, it may be cured if Borrower or Grantor, as the case may
be, after Lender sends written notice to Borrower or Grantor, as the case may be, demanding cure of such default:  (1) 
cure the default within fifteen (15) days, or, in the case of a default under the clause titled “Other
Defaults”, thirty (30) days; or  (2)  if the cure requires more than fifteen (15) days,
or, in the case of a default under the clause titled “Other Defaults”, thirty (30) days, immediately initiate
steps which Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continue and complete
all reasonable and necessary steps sufficient to produce compliance as soon as reasonably practical.


 


LENDER'S RIGHTS. Upon default,
Lender may declare the entire unpaid principal balance under this Note and all accrued unpaid interest immediately due, and then
Borrower will pay that amount.


 


ATTORNEYS' FEES; EXPENSES.
Lender may hire or pay someone else to help collect this Note if Borrower does not pay. Borrower will pay Lender that amount. This
includes, subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal expenses, whether or not there
is a lawsuit, including attorneys' fees, expenses for bankruptcy proceedings (including efforts to modify or vacate any automatic
stay or injunction), and appeals. If not prohibited by applicable law, Borrower also will pay any court costs, in addition to all
other sums provided by law.


 


JURY WAIVER. Lender and Borrower
hereby waive the right to any jury trial in any action, proceeding, or counterclaim brought by either Lender or Borrower against
the other.


GOVERNING LAW. This Note will be
governed by federal law applicable to Lender and, to the extent not preempted by federal law, the laws of the State of Ohio without
regard to its conflicts of law provisions. This Note has been accepted by Lender in the State of Ohio.


 


CHOICE OF VENUE. If there is
a lawsuit, Borrower agrees upon Lender's request to submit to the jurisdiction of the courts of Summit County, State of Ohio.


 


CONFESSION OF JUDGMENT. Borrower
hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, to appear in any court of
record and to confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer
of Lender setting forth the amount then due, attorneys' fees plus costs of suit, and to release all errors, and waive all rights
of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary
to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption
laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust
the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue
undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in
full. Borrower waives any conflict of interest that an attorney hired by Lender may have in acting on behalf of Borrower in confessing
judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such attorney acting for Borrower
in confessing judgment.


 


DISHONORED ITEM FEE. Borrower
will pay a fee to Lender of $33.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which
Borrower pays is later dishonored.


 


RIGHT OF SETOFF. To the extent
permitted by applicable law, Lender reserves a right of setoff in all Borrower's accounts with Lender (whether checking, savings,
or some other account). This includes all accounts Borrower holds jointly with someone else and all accounts Borrower may open
in the future. However, this does not include any IRA or Keogh accounts, or any trust accounts for which setoff would be prohibited
by law. Borrower authorizes Lender, to the extent permitted by applicable law, to charge or setoff all sums owing on the indebtedness
against any and all such accounts, and, at Lender's option, to administratively freeze all such accounts to allow Lender to protect
Lender's charge and setoff rights provided in this paragraph.


 






     


     


    

 


LINE OF CREDIT. This Note evidences
a revolving line of credit. Advances under this Note, as well as directions for payment from Borrower's accounts, may be requested
orally or in writing by Borrower or by an authorized person. Lender may, but need not, require that all oral requests be confirmed
in writing. Borrower agrees to be liable for all sums either: (A) advanced in accordance with the instructions of an authorized
person or (B) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Note at any time may
be evidenced by endorsements on this Note or by Lender's internal records, including daily computer print-outs. Lender will have
no obligation to advance funds under this Note if: (A) Borrower or any guarantor is in default under the terms of this Note or
any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this
Note; (B) Borrower or any guarantor ceases doing business or is insolvent; (C) any guarantor seeks, claims or otherwise attempts
to limit, modify or revoke such guarantor's guarantee of this Note or any other loan with Lender; (D) Borrower has applied funds
provided pursuant to this Note for purposes other than those authorized by Lender; or (E) Lender in good faith believes itself
insecure.


 


FEE PROVISION. UPON RECEIPT
OF A BILLING FROM LENDER, I AGREE TO PAY THE STATED LOAN FEE AND, WHEN APPLICABLE, THE STATED DOCUMENT PREPARATION FEE.


 


BUSINESS PURPOSE. THE LOAN
EVIDENCED HEREBY IS FOR COMMERCIAL OR BUSINESS PURPOSES, AND IS NOT INTENDED AND WILL NOT BE USED FOR PERSONAL, FAMILY, HOUSEHOLD,
EDUCATIONAL, CONSUMER OR AGRICULTURAL PURPOSES.


 


CROSS-DEFAULT. IT SHALL ALSO
BE AN EVENT OF DEFAULT HEREUNDER IF BORROWER FAILS TO PERFORM OR COMPLY WITH ANY TERM, PROVISION OR CONDITION OF ANY OTHER AGREEMENT,
DOCUMENT OR INSTRUMENT EVIDENCING, SECURING OR SUPPORTING ANY INDEBTEDNESS OWING FROM BORROWER TO LENDER.


 


IMPORTANT INFORMATION ABOUT PROCEDURES
REQUIRED BY THE USA PATRIOT ACT. To help the government fight the funding of terrorism and money laundering activities, Federal
law requires all financial institutions to obtain, verify, and record information that identifies each entity or person who opens
an account or establishes a relationship with the Lender.


 


What this means: When an entity or
person opens an account or establishes a relationship with the Lender, the Lender may ask for the name, address, date of birth,
and other information that will allow the Lender to identify the entity or person who opens an account or establishes a relationship
with the Lender.  The Lender may also ask to see identifying documents for the entity or person.


 


ADDITIONAL LIBO RATE PROVISIONS.
As used herein, Banking Day shall mean any day other than a Saturday or a Sunday on which banks are open for business in Columbus,
Ohio, and on which banks in London, England, settle payments.


 


As used herein, LIBO Rate Interest
Period shall mean One (1) month, provided that: (1) if any LIBO Rate Interest Period would otherwise expire on a day which is not
a Banking Day, the LIBO Rate Interest Period shall be extended to the next succeeding Banking Day (provided, however, that if such
next succeeding Banking Day occurs in the following calendar month, then the LIBO Rate Interest Period shall expire on the immediately
preceding Banking Day).


 


In the event that Lender reasonably
determines that by reason of (1) any change arising after the date of this Note affecting the interbank eurocurrency market or
affecting the position of the Lender with respect to such market, adequate and fair means do not exist for ascertaining the applicable
interest rates by reference to which the LIBO Rate then being determined is to be fixed, (2) any change arising after the date
of this Note in any applicable law or governmental rule, regulation or order (or any interpretation thereof, including the introduction
of any new law or governmental rule, regulation or order), or (3) any other circumstance affecting the Lender or the interbank
market (such as, but not limited to, official reserve requirements required by Regulation D of the Board of Governors of the Federal
Reserve System), the LIBO Rate plus the applicable spread shall not represent the effective pricing to the Lender of accruing interest
hereunder based upon the LIBO Rate, then, and in any such event, the accruing of interest hereunder based upon the LIBO Rate shall
be suspended until Lender shall notify the Borrower that the circumstances causing such suspension no longer exist.  In such
case, beginning on the date of such suspension interest shall accrue hereunder at a variable rate of interest per annum, which
shall change in the manner set forth below, equal to 0.000 percentage points in excess of the Prime Commercial Rate (as hereinafter
defined).


 


In the event that on any date Lender
shall have reasonably determined that accruing interest hereunder based upon the LIBO Rate has become unlawful by compliance by
the Lender in good faith with any law, governmental rule, regulation or order, then, and in any such event, the Lender shall promptly
give notice thereof to the Borrower.  In such case, accruing interest hereunder based upon the LIBO Rate shall be terminated
and the Borrower shall, at the earlier of the end of each LIBO Rate Interest Period then in effect or when required by law, repay
the advances based upon the LIBO Rate, together with all interest accrued thereon.  In such case, when required by law, interest
shall accrue hereunder at a variable rate of interest per annum, which shall change in the manner set forth below, equal to 0.000
percentage points in excess of the Prime Commercial Rate.


 


As used herein, Prime Commercial Rate
shall mean the rate established by Lender from time to time based on its consideration of economic, money market, business and
competitive factors, and it is not necessarily the Lender's most favored rate.  Subject to any maximum or minimum interest
rate limitation specified herein or by applicable law, any variable rate of interest on the obligation evidenced hereby based upon
the Prime Commercial Rate shall change automatically without notice to the Borrower immediately with each change in the Prime Commercial
Rate.  If during any period of time while interest is accruing hereunder based upon the Prime Commercial Rate the obligation
evidenced by this Note is not paid at maturity, whether maturity occurs by lapse of time, demand, acceleration or otherwise, the
unpaid principal balance and any unpaid interest thereon shall, thereafter until paid, bear interest at a rate equal to 0.000 percentage
points (which shall be 0.000 percentage points, unless completed) in excess of the rate indicated in the immediately preceding
two paragraphs.


 


If, due to (1) the introduction of
or any change in or in the interpretation of any law or regulation, (2) the compliance with any guideline or request from any central
bank or other public authority (whether or not having the force of law), or (3) the failure of the Borrower to repay any advance
when required by the terms of this Note, there shall be any loss or increase in the cost to the Lender of accruing interest hereunder
based upon the LIBO Rate, then the Borrower agrees that the Borrower shall, from time to time, upon demand by the Lender, pay to
the Lender additional amounts sufficient to compensate the Lender for such loss or increased cost.  A certificate as to the
amount of such loss or increase cost, submitted to the Borrower by the Lender, shall be conclusive evidence, absent manifest error,
of the correctness of such amount.


 


Notwithstanding the section above
captioned PREPAYMENT, during any period of time while interest is accruing hereunder based upon the LIBO Rate Borrower may not
prepay any portion of the outstanding principal balance prior to the expiration of the then current LIBO Rate Interest Period.


 


DETERMINATION OF INDEX.  
This Note expresses an initial interest rate and an initial index value to 3 places to the right of the decimal point.  This
expression is done solely for convenience.  The reference sources for the index used by Lender, as stated in this Note, may
actually quote the index on any given day to as many as 5 places to the right of the decimal point.  Therefore, the actual
index value used to calculate the interest rate on and the amount of interest due under this Note will be to 5 places to the right
of the decimal point.


 






     


     


    

 


PAYMENT DATES.  If the
due date of any payment under this Note shall be a day that is not a Banking Day (as defined herein), the due date shall be extended
to the next succeeding Banking Day; provided, however, that if such next succeeding Banking Day occurs in the following calendar
month, then the due date shall be the immediately preceding Banking Day.


 


UNUSED COMMITMENT FEE. Borrower
hereby agrees to pay to Lender an Unused Commitment Fee ("UCF") equal to (a) the Applicable Commitment Fee Rate (calculated
on the basis of a year of 360 days and for actual days elapsed (including the first day but excluding the last day the Commitment
remains outstanding)) multiplied by (b) the Commitment Amount less the sum of Direct Line Borrowings and Outstanding Letters of
Credit issued under the Commitment. The UCF shall be calculated by Lender as of the close of each calendar day. Borrower shall
be billed and remit the UCF on a calendar quarter basis in the month immediately following the end of the calendar quarter.


 


Applicable Commitment Fee Rate means
(.125%).


 


PRIOR NOTE. This Note is given
in renewal and replacement of a certain Promissory Note dated May 27, 2015, in the original principal amount of $5,000,000.00 executed
and delivered by Borrower to FirstMerit Bank, N.A. predecessor by merger to Lender, as may have been amended from time to time.


 


SUCCESSOR INTERESTS. The terms
of this Note shall be binding upon Borrower, and upon Borrower's heirs, personal representatives, successors and assigns, and shall
inure to the benefit of Lender and its successors and assigns.


 


GENERAL PROVISIONS. If any
part of this Note cannot be enforced, this fact will not affect the rest of the Note. Borrower does not agree or intend to pay,
and Lender does not agree or intend to contract for, charge, collect, take, reserve or receive (collectively referred to herein
as "charge or collect"), any amount in the nature of interest or in the nature of a fee for this loan, which would in
any way or event (including demand, prepayment, or acceleration) cause Lender to charge or collect more for this loan than the
maximum Lender would be permitted to charge or collect by federal law or the law of the State of Ohio (as applicable). Any such
excess interest or unauthorized fee shall, instead of anything stated to the contrary, be applied first to reduce the principal
balance of this loan, and when the principal has been paid in full, be refunded to Borrower. Lender may delay or forgo enforcing
any of its rights or remedies under this Note without losing them. Each Borrower understands and agrees that, with or without notice
to Borrower, Lender may with respect to any other Borrower (a) make one or more additional secured or unsecured loans or otherwise
extend additional credit; (b) alter, compromise, renew, extend, accelerate, or otherwise change one or more times the time for
payment or other terms of any indebtedness, including increases and decreases of the rate of interest on the indebtedness; (c)
exchange, enforce, waive, subordinate, fail or decide not to perfect, and release any security, with or without the substitution
of new collateral; (d) apply such security and direct the order or manner of sale thereof, including without limitation, any non-judicial
sale permitted by the terms of the controlling security agreements, as Lender in its discretion may determine; (e) release, substitute,
agree not to sue, or deal with any one or more of Borrower's sureties, endorsers, or other guarantors on any terms or in any manner
Lender may choose; and (f) determine how, when and what application of payments and credits shall be made on any other indebtedness
owing by such other Borrower. Borrower and any other person who signs, guarantees or endorses this Note, to the extent allowed
by law, waive presentment, demand for payment, and notice of dishonor. Upon any change in the terms of this Note, and unless otherwise
expressly stated in writing, no party who signs this Note, whether as maker, guarantor, accommodation maker or endorser, shall
be released from liability. All such parties agree that Lender may renew or extend (repeatedly and for any length of time) this
loan or release any party or guarantor or collateral; or impair, fail to realize upon or perfect Lender's security interest in
the collateral; and take any other action deemed necessary by Lender without the consent of or notice to anyone. All such parties
also agree that Lender may modify this loan without the consent of or notice to anyone other than the party with whom the modification
is made. The obligations under this Note are joint and several.


 




     


     


    

 


PRIOR TO SIGNING THIS NOTE, EACH
BORROWER READ AND UNDERSTOOD ALL THE PROVISIONS OF THIS NOTE, INCLUDING THE VARIABLE INTEREST RATE PROVISIONS. EACH BORROWER AGREES
TO THE TERMS OF THE NOTE.


 


BORROWER ACKNOWLEDGES RECEIPT OF
A COMPLETED COPY OF THIS PROMISSORY NOTE.


 


NOTICE: FOR THIS NOTICE "YOU"
MEANS THE BORROWER AND "CREDITOR" AND "HIS" MEANS LENDER.


 


WARNING - BY SIGNING THIS PAPER
YOU GIVE UP YOUR RIGHT TO NOTICE AND COURT TRIAL. IF YOU DO NOT PAY ON TIME A COURT JUDGMENT MAY BE TAKEN AGAINST YOU WITHOUT YOUR
PRIOR KNOWLEDGE AND THE POWERS OF A COURT CAN BE USED TO COLLECT FROM YOU REGARDLESS OF ANY CLAIMS YOU MAY HAVE AGAINST THE CREDITOR
WHETHER FOR RETURNED GOODS, FAULTY GOODS, FAILURE ON HIS PART TO COMPLY WITH THE AGREEMENT, OR ANY OTHER CAUSE.


 





	BORROWER:	 
	 	 
	OURPET'S COMPANY
	 	 	 
	 	 	 
	By:	/s/ Steven Tsengas	 
	STEVEN TSENGAS, President of OURPET'S COMPANY
	 
	VIRTU COMPANY	 
	 	 	 
	 	 	 
	By:	/s/ Steven Tsengas	 
	STEVEN TSENGAS, President of VIRTU COMPANY
	 
	SMP COMPANY INCORPORATED
	 	 	 
	 	 	 
	By:	/s/ Steven Tsengas	 
	STEVEN TSENGAS, President of SMP COMPANY INCORPORATED