Document:

Termination Agreement

 Exhibit 10.27 
 TERMINATION AGREEMENT 
 This Termination Agreement is dated effective February 17, 2006 (the
“Termination Date”) by and between Nabi Biopharmaceuticals, a Delaware corporation with an address at 5800 Park of Commerce Blvd., N.W., Boca Raton, FL 33487 (“Nabi”), and Cambrex Bio Science Baltimore, Inc., a
Delaware corporation with an address at 5901 E. Lombard St., Baltimore, MD 21224 (“Cambrex”). Nabi and Cambrex are referred to herein collectively as the “Parties.” 
 WHEREAS, pursuant to that certain Manufacturing Agreement dated as of October 9, 2003, as amended by that certain Amendment to Manufacturing
Agreement, dated as of December 2, 2003 (the “Manufacturing Agreement”) by and between the Parties, Nabi retained Cambrex as a manufacturer of clinical and commercial quantities of Drug Substance and purchased from Cambrex
manufacturing services to supply clinical and commercial quantities of such Drug Substance; and 
 WHEREAS, although the Parties to date have
each performed their respective obligations pursuant to the Manufacturing Agreement, the Parties now mutually desire to terminate the Manufacturing Agreement on the terms and conditions set forth below; 
 NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows.

 1. Capitalized Terms. Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the
Manufacturing Agreement. 
 2. Termination of Manufacturing Agreement. Effective immediately upon the Termination Date, the
Parties agree that the Manufacturing Agreement will be and hereby is canceled and terminated, and shall be of no further force and effect and the rights and obligations of each Party thereunder shall terminate; provided, however, that
the specific provisions of the Manufacturing Agreement set forth in Section 21.4 thereof and the rights and obligations contained therein shall survive such termination and remain binding upon each Party, as applicable. 
 3. Open Delivery/Payment. Cambrex confirms and agrees that, except as set forth in this Section 3, Nabi has satisfied all of its
obligations with respect to any amounts due and payable to Cambrex pursuant to the Manufacturing Agreement, including, but not limited to, all payments required to be made pursuant to Section 8 thereof. The Parties further agree that,
notwithstanding any provision in the Manufacturing Agreement to the contrary, Nabi’s sole remaining payment obligation to Cambrex under the Manufacturing Agreement (other than a payment obligation that may arise in the future under
Section 18 of the Manufacturing Agreement) thereunder consists of (a) payment of invoices relating to Purchase Orders 2500000529, 2500000532, and 2500000534, such payments to equal $250,000, $402,000 and 

 $66,666, respectively and (b) a final payment for all costs incurred by Cambrex in connection with activities
related to termination of the Manufacturing Agreement, such sum not to exceed $50,000 in the aggregate. The parties agree that Cambrex owes no credits in favor of Nabi. 
 4. Return of Materials. The Parties confirm and agree that they will comply with the requirements set forth in Section 21.3 of the Manufacturing Agreement, including, but not limited to,
(a) the return to Nabi or destruction, at Nabi’s election, of any and all Cell Line, Master Cell Bank and Working Cell Bank quantities, (b) the return to Nabi, at Nabi’s sole cost and expense of any and all Nabi Equipment and
Materials for which Nabi has reimbursed Cambrex for the Acquisition Cost, and (c) the return by each Party of the other’s Confidential Information, except that neither Party will be required to delete any electronic mail exchanged between
the Parties, provided that any Confidential Information contained in such electronic mail shall remain subject to the confidentiality and non-use obligations set forth in Article 19 of the Manufacturing Agreement. 
 5. Release. The Parties, on behalf of themselves and on behalf of their successors, assignees, and current and former representatives,
attorneys, assigns and partners, and any other person or entity claiming by, through or under it or any of them do hereby unconditionally release and forever discharge each other, and each and all of their successors, assigns, and current and former
representatives, attorneys, assigns and partners from any and all claims, counterclaims, demands, judgments, liabilities, damages, losses, accounts, bonds, bills, covenants, contracts, agreements, promises, claims, complaints, and causes of action
of whatever kind or character, whether known or unknown, at law or in equity, contingent or liquidated (collectively, “Liabilities”), which each may now have or ever had against the other from the effective date of the Manufacturing
Agreement to the Termination Date, arising out of or relating to the Manufacturing Agreement, except for Liabilities for which a Party may seek indemnification under Article 18 of the Manufacturing Agreement or any other provision of the
Manufacturing Agreement that is intended to survive termination thereof. 
 6. Authority. Each Party represents and
warrants that the undersigned has the authority to act on its behalf and to bind it, and any and all others who may claim through it, to this Termination Agreement. Each person signing this Termination Agreement represents and warrants that he or
she has the authority to bind the entity on whose behalf he or she has executed this Termination Agreement to all terms and conditions of this Termination Agreement. 
 7. Entire Agreement; Amendment. This Termination Agreement contains the entire agreement between the Parties pertaining to the termination of the Manufacturing Agreement and supercedes any and all
prior and/or concurrent oral or written negotiations, discussions, agreements, representations and understandings with respect thereto. No modification of this Termination Agreement is valid unless in writing signed by both Parties. 
 8. Severability. If any provision of this Termination Agreement shall be held to be invalid, illegal or unenforceable, such
invalidity, illegality or unenforceability shall not affect 
  

 - 2 - 

 any other provision hereof, and this Agreement shall be construed as if such provision had never been contained herein;
provided, however, that if the deletion of any provision hereof frustrates an essential purpose of this Termination Agreement or the material rights of a Party hereunder, the Parties shall seek in good faith alternative provisions to
achieve the same purposes as the invalid, illegal or unenforceable provision. 
 9. Governing Law. This Termination Agreement
shall be governed by and construed in accordance with the laws of the State of New York, without regard to its internal conflicts of law rules. 
 IN WITNESS WHEREOF, the Parties have caused this Termination Agreement to be executed under seal as of the Termination Date. 
  

			
	NABI BIOPHARMACEUTICALS
		
	By:	 	 /s/ Raafat Fahim

	Name:	 	Raafat Fahim
	Its:	 	Sr. Vice President, Research, Technical and Production Operations

  

			
	CAMBREX BIO SCIENCE BALTIMORE, INC.
		
	By:	 	 /s/ Steve Klosk

	Name:	 	Steve Klosk
	Its:	 	Executive Vice President and COO

  

 - 3 -Second Amendment to Loan Agreement

 Exhibit 10.50 
 SECOND AMENDMENT TO LOAN AGREEMENT 
 THIS SECOND AMENDMENT TO LOAN AGREEMENT (the “Second
Amendment”), dated as of February 11, 2006, is between Spacehab, Incorporated (“Borrower”) and Citibank Texas, N.A., formerly known as First American Bank, SSB (“Lender”), and is joined in by Astrotech Space Operations,
Inc. and Spacehab Government Services, Incorporated for the purpose of ratifying and confirming the provisions hereof. 
 RECITALS:

 A. Borrower and Lender have entered into that certain Loan Agreement dated as of February 11, 2005 as amended by that certain First
Amendment to Loan Agreement (the “First Amendment”) dated as of September 30, 2005 (as so amended, the “Agreement”). 
 B. Pursuant to the Agreement, Astrotech Space Operations, Inc. and Spacehab Government Services, Incorporated (“Pledgor”) each executed Security Agreements (collectively, the “Pledge”) both dated as of February 11,
2005 and ratified by the First Amendment securing the payment and performance of the Obligations. 
 C. Borrower and Lender now desire to
amend the Agreement as herein set forth. 
 NOW, THEREFORE, in consideration of the premises herein contained and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 ARTICLE I

 Definitions 
 A.
Definitions. Capitalized terms used in this Second Amendment, to the extent not otherwise defined herein, shall have the same meanings as in the Agreement, as amended hereby. 
 ARTICLE II 
 Amendment 
 A. Amendment to Annex I – Definitions. Effective as of the date hereof, the definition of “Termination Date” is hereby deleted and
restated in its entirety to read as follows: 
 “Termination Date” means 11:00 A.M. Houston, Texas time February 11,
2007, or such earlier date on which the Commitment terminates as provided in this Agreement.” 

 B. Amendment to Annex II (Financial Covenants). Effective as of the date hereof, Annex II
(Financial Covenants) of the Agreement is hereby deleted and restated in its entirety to read as follows: 
  

	 	“1.	Consolidated Tangible Net Worth. 

 (a) Subject to paragraph (b) hereunder, the Borrower shall at all times maintain Consolidated Tangible Net Worth in an amount not less than Fifteen Million and No/100 Dollars ($15,000,000.00) (the “Required Amount”).

 (b) If on either the date of determination or the date any Advance is to be made hereunder the Consolidated Tangible Net
Worth shall be less than the Required Amount, then: (i) the Borrower shall, pursuant to documentation in form and substance reasonably satisfactory to the Lender, within three (3) business days pledge to the Lender cash or deposit accounts
(the “Cash Collateral”) in an amount equal to the lesser of (A) the revolving credit Advances at such time outstanding and (B) the difference, as most recently calculated, between Consolidated Tangible Net Worth and the Required
Amount; and (ii) the Lender shall not be required to make additional revolving credit Advances to the Borrower unless after giving effect to such additional Advances the Borrower shall be in compliance with the requirements of
clause (b)(i) above. 
  

	 	2.	Secured Debt Leverage Ratio. 

 (c)
Subject to paragraph (b) hereunder, the Borrower shall at all times maintain a Secured Debt Leverage Ratio of not greater than .75 to 1.0 (the “Maximum Secured Debt Leverage Ratio”). 
 (b) If, on any date on which the Borrower is required to deliver a compliance certificate pursuant to Section 7.1(c) hereof, the
Secured Debt Leverage Ratio shall be greater than the Maximum Secured Debt Leverage Ratio, then: (i) the Borrower shall, pursuant to documentation in form and substance reasonably satisfactory to the Lender, within three (3) business days
pledge to the Lender Cash Collateral in an amount equal to the revolving credit Advances at such time outstanding; and (ii) the Lender shall not be required to make additional revolving credit Advances to the Borrower unless after giving effect
to such additional Advances the borrower shall be in compliance with the requirements of clause (b)(i) above. 
  

	 	3.	Fixed Charge Coverage Ratio. 

 (a)
Subject to paragraph (b) hereunder, the Borrower shall at all times maintain a Fixed Charge Coverage Ratio of not less than 1.2 to 1.0 (the “Minimum Fixed Charge Coverage Ratio”). 
 (b) If, on any date on which the Borrower is required to deliver a compliance certificate pursuant to Section 7.1(c) hereof, the
Fixed Charge Coverage Ratio shall be less than the Minimum Fixed Charge Coverage Ratio, then: (i) the Borrower shall, pursuant to documentation in 

  

 2 

 
form and substance reasonably satisfactory to the Lender, within three (3) business days pledge to the Lender Cash Collateral in an amount equal to the
revolving credit Advances at such time outstanding; and (ii) the Lender shall not be required to make additional revolving credit Advances to the Borrower unless after giving effect to such additional Advances the borrower shall be in
compliance with the requirements of clause (b)(i) above. 
 The aggregate Cash Collateral pledged at any time pursuant to the
above Financial Covenants need not exceed the amount of the revolving credit Advances outstanding at such time. The amount of Cash Collateral required to be pledged pursuant to any of these Financial Covenants shall be adjusted from time to time to
reflect changes in the amount of revolving credit Advances outstanding and in the Consolidated Tangible Net Worth, Secured Debt Leverage Ratio or Fixed Charge Coverage Ratio, respectively. If on any date of determination the amount of Cash
Collateral pledged as of such date pursuant to clause (b) of each of the above covenants is greater than the amount required to be so pledged pursuant to such clause (b) above, the Lender shall release such excess amount from the
pledge.” 
 ARTICLE III 
 Conditions Precedent 
 A. Conditions. The effectiveness of this Second Amendment is subject to the satisfaction of
the following conditions precedent: 
 1.1 Lender shall have received all of the following, each dated (unless otherwise
indicated) the date of the Second Amendment, in form and substance satisfactory to Lender: 
 (1) Governmental
Certificates. Certificates of the appropriate government officials of the state of incorporation of Borrower and each Pledgor as to the existence and good standing of Borrower and each Pledgor, each dated within ten (10) days of the date
this Second Amendment is signed. 
 (2) Additional Information. Lender shall have received such additional documents,
instruments and information as Lender or its legal counsel, Winstead Sechrest & Minick P.C., may request. 
 1.2 The
representations and warranties contained herein and in all other Loan Documents, as amended hereby, shall be true and correct as of the date hereof as if made on the date hereof (except for such representations and warranties that specifically refer
to an earlier date, which shall be true and correct as of such date). 
 1.3 No Event of Default shall have occurred and be
continuing and no event or condition shall have occurred that with the giving of notice or lapse of time or both would be an Event of Default. 
  

 3 

 1.4 All corporate proceedings taken in connection with the transactions contemplated by
the Second Amendment and all documents, instruments, and other legal matters incident thereto shall be satisfactory to Lender and its legal counsel, Winstead Sechrest & Minick P.C. 
 ARTICLE IV 
 Ratifications, Representations and Warranties 
 A. Ratifications. The terms and provisions set forth in the Second Amendment shall modify and supersede all inconsistent terms and provisions set
forth in the Agreement, and except as expressly modified and superseded by the Second Amendment, the terms and provisions of the Agreement are ratified and confirmed and shall continue in full force and effect. Borrower and Lender agree that the
Agreement as amended hereby shall continue to be legal, valid, binding and enforceable in accordance with its terms. The terms, provisions, and conditions of any and all of the Loan Documents, including the Security Agreement dated February 11,
2005, are hereby ratified and confirmed in every respect by Borrower and shall continue in full force and effect. 
 B. Representations
and Warranties. Borrower hereby represents and warrants to Lender that (i) the execution, delivery and performance of the Second Amendment and any and all other Loan Documents executed and/or delivered in connection herewith have been
authorized by all requisite corporate action on the part of Borrower and will not violate the articles of incorporation or bylaws of Borrower, (ii) the representations and warranties contained in the Agreement, as amended hereby, and any other
Loan Document are true and correct on and as of the date hereof as though made on and as of the date hereof (except for such representations and warranties that specifically refer to an earlier date, which shall be true and correct as of such date),
(iii) no Event of Default has occurred and is continuing and no event or condition has occurred that with the giving of notice or lapse of time or both would be an Event of Default, and (iv) Borrower is in full compliance with all
covenants and agreements contained in the Agreement as amended hereby. 
 ARTICLE V 
 Miscellaneous 
 A. Survival of
Representations and Warranties. All representations and warranties made in this Amendment or any other Loan Document (including any Loan Document furnished in connection with the Second Amendment) shall survive the execution and delivery of the
Second Amendment and the other Loan Documents, and no investigation by Lender or any closing shall affect the representations and warranties or the right of Lender to rely upon them. 
 B. Reference to Agreement. Each of the Loan Documents, including the Agreement and any and all other agreements, documents, or instruments now or
hereafter executed and delivered pursuant to the terms hereof or pursuant to the terms of the Agreement as amended hereby, are hereby amended so that any reference in such Loan Documents to the Agreement shall mean a reference to the Agreement as
amended hereby. 
  

 4 

 C. Expenses of Lender. As provided in the Agreement, Borrower agrees to pay on demand all costs
and expenses incurred by Lender in connection with the preparation, negotiation, and execution of the Second Amendment and the other Loan Documents executed pursuant hereto and any and all amendments, modifications, and supplements thereto,
including without limitation the reasonable costs and fees of Lender’s legal counsel, and all costs and expenses incurred by Lender in connection with the enforcement or preservation of any rights under the Agreement, as amended hereby, or any
other Loan Document, including without limitation the reasonable costs and fees of Lender’s legal counsel. 
 D. Severability.
Any provision of the Second Amendment held by a court of competent jurisdiction to be invalid or unenforceable shall not impair or invalidate the remainder of the Second Amendment and the effect thereof shall be confined to the provision so held to
be invalid or unenforceable. 
 E. Applicable Law. The Second Amendment and all other Loan Documents executed pursuant hereto shall be
deemed to have been made and to be performable in Houston, Harris County, Texas and shall be governed by and construed in accordance with the laws of the State of Texas. 
 F. Successors and Assigns. The Second Amendment is binding upon and shall inure to the benefit of Lender and Borrower and their respective successors and assigns, except Borrower may not assign or transfer any
of its rights or obligations hereunder without the prior written consent of Lender. 
 G. Counterparts. The Second Amendment may be
executed in one or more counterparts, each of which when so executed shall be deemed to be an original, but all of which when taken together shall constitute one and the same instrument. 
 H. Effect of Waiver. No consent or waiver, express or implied, by Lender to or for any breach of or deviation from any covenant, condition or duty
by Borrower or Guarantor shall be deemed a consent or waiver to or of any other breach of the same or any other covenant, condition or duty. 
 I. Headings. The headings, captions, and arrangements used in this Amendment are for convenience only and shall not affect the interpretation of the Second Amendment. 
 J. SECTION 26.02 NOTICE. THE SECOND AMENDMENT AND ALL OTHER INSTRUMENTS, DOCUMENTS AND AGREEMENTS EXECUTED AND DELIVERED IN CONNECTION WITH THE
SECOND AMENDMENT EMBODY THE FINAL, ENTIRE AGREEMENT AMONG THE PARTIES HERETO AND SUPERSEDE ANY AND ALL PRIOR COMMITMENTS, AGREEMENTS, REPRESENTATIONS AND UNDERSTANDINGS, WHETHER WRITTEN OR ORAL, RELATING TO THE SECOND AMENDMENT, AND MAY NOT BE
CONTRADICTED OR VARIED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OR DISCUSSIONS OF THE PARTIES HERETO. 
 THERE ARE NO UNWRITTEN
ORAL AGREEMENTS AMONG THE PARTIES HERETO. 
  

 5 

 K. WAIVER OF JURY TRIAL. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, EACH OF THE PARTIES
HERETO HEREBY IRREVOCABLY AND EXPRESSLY WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING, OR COUNTERCLAIM (WHETHER BASED UPON CONTRACT, TORT, OR OTHERWISE) ARISING OUT OF OR RELATING TO ANY OF THE LOAN DOCUMENTS OR THE TRANSACTIONS
CONTEMPLATED THEREBY OR THE ACTIONS OF THE AGENT OR ANY BANK IN THE NEGOTIATION, ADMINISTRATION, OR ENFORCEMENT THEREOF. 
 Executed as of
the date first written above, but executed this 24th day of February, 2006. 
  

			
	 BORROWER:

	  
 SPACEHAB,
INCORPORATED,
 a Washington corporation

	  
 By:
	 	/s/ Brian Harrington
		 	 
		 	 Brian Harrington

		 	 Senior Vice President and Chief
 Financial Officer

		 	
	 Address for Notices:
  

	 12130 Highway 3, Building 1

	 Webster, Texas 77598

	 Fax No.: 713/558-5956

	 Telephone No.: 713/558-5126

	 Attention: Brian Harrington

  
  

			
	 LENDER:

	  
 CITIBANK TEXAS,
N.A.
  

	 By:
	 	 /s/ David Martin

		 	 
		 	 David Martin

		 	 Senior Vice President
  

	 Address for Notices:
  

	 2000 W. Sam Houston Pkwy. S., Suite 675

	 Houston, Texas 77042

	 Fax No.: (713) 954-2053

	 Telephone No.: (713) 954-9562

	 Attention: Dave Martin

  

 6 

 Each Pledgor hereby consents and agrees to the Second Amendment and agrees that their respective Security
Agreements, as ratified by the First Amendment, shall remain in full force and effect and shall continue to be the legal, valid and binding obligation of each Pledgor enforceable against each Pledgor in accordance with its terms. 
 Each Pledgor hereby represents and warrants to Lender that (i) the execution, delivery and performance of the Second Amendment and any and all other
Loan Documents executed and/or delivered in connection herewith have been authorized by all requisite corporate action on the part of each Pledgor and will not violate the articles of incorporation or bylaws of either Pledgor, (ii) the
representations and warranties contained in their Pledge are true and correct on and as of the date hereof as though made on and as of the date hereof (except for such representations and warranties that specifically refer to an earlier date, which
shall be true and correct as of such date), (iii) no Event of Default has occurred and is continuing and no event or condition has occurred that with the giving of notice or lapse of time or both would be an Event of Default, and (iv) each
Pledgor is in full compliance with all covenants and agreements contained in the Agreement as amended hereby. 
 Executed as of the date
first written above, but executed this 24th day of February, 2006. 
  

			
	 PLEDGOR:
  

	 SPACEHAB GOVERNMENT SERVICES,

	 INCORPORATED, a Colorado corporation

		 	
	 By:
	 	 /s/ Brian Harrington

		 	 
		 	 Brian Harrington

		 	 Senior Vice President and Chief

		 	 Financial Officer
  
  

	 PLEDGOR:
  

	 ASTROTECH SPACE OPERATIONS, INC.
 a Delaware corporation

		 	
	 By:
	 	 /s/ Brian Harrington

		 	 
		 	 Brian Harrington

		 	 Senior Vice President and Chief

		 	 Financial Officer

  

 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00098-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00098-of-00352.parquet"}]]