27 unchanged sentences
Plan category
−Removed: Number of securities
−Removed: to be issued upon
−Removed: the exercise of
−Removed: outstanding options,
−Removed: warrants and rights
+Added: Number of securities to be issued upon
+Added: the exercise of outstanding options, warrants and rights (1)
Weighted-average
2 unchanged sentences
warrants and rights
−Removed: Number of securities
−Removed: remaining available
−Removed: for future issuance
−Removed: compensation plans
−Removed: (excluding securities
−Removed: reflected in the first
+Added: Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in the first column) (2)
Equity compensation plans approved by security holders
15 unchanged sentences
Amendment dated November 5, 2014 to Employment Agreement with Michael Degen (incorporated by reference to Exhibit 99.1 to Form 8-K filed November 7, 2014)**
−Removed: Restated Equity Appreciation Rights Plan dated March 11, 2015 (incorporated by reference to Appendix A to Definitive Proxy Statement filed March 24, 2015)**
Lease Agreement dated April 1, 2015 between the Company and LSOP 3 MN 3, LLC (incorporated by reference to Form 8-K filed April 9, 2015)
13 unchanged sentences
Employment Agreement with John Lindeen dated September 9, 2019 (incorporated by reference to Exhibit 10.2 to Form 8-K filed September 11, 2019)
−Removed: Employment Agreement with Curtis Steichen dated September 17, 2019 (incorporated by reference to Exhibit 10.1 to Form 8-K filed September 18, 2019).**
Third Amendment dated November 12, 2019 to Loan and Security Agreement between the Company and Bank of America N.A.
(incorporated by reference to Exhibit 10.2 to Form 10-Q filed November 12, 2019).
+Added: First Amendment to Lease Agreement dated September 17, 2018 between the Company and AR Meridian Circle Owner, LLC, as successor to LSOP 3 MN 3, LLC.
Purchase and Sale Agreement between the Company and Essjay Investment Company, LLC dated June 24, 2020 (incorporated by reference to Exhibit 10.1 to Form 10-Q filed August 11, 2020)
14 unchanged sentences
(incorporated by reference to Exhibit 10.2 to Form 8-K filed March 10, 2022).
+Added: Eighth Amendment dated September 9, 2022 to Loan and Security Agreement between the Company and Bank of America N.A.
+Added: (incorporated by reference to Exhibit 105 to Form 10-Q filed November 9, 2022).
Subsidiaries of Nortech Systems Incorporated*
11 unchanged sentences
March 17, 2023
+Added: Miller         
President and Chief Executive Officer
−Removed:                   
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
1 unchanged sentence
President and Chief Executive Officer (principal executive officer) and Director
−Removed:         
/s/ Christopher D.
6 unchanged sentences
Kruse, Director
+Added: By:  
March 17, 2023
McManus, Director
+Added: By:  
/s/ Steven J.
1 unchanged sentence
Rosenstone, Director
+Added: By:  
/s/ Philip I.
1 unchanged sentence
Smith, Director
+Added: By:  
/s/ Dan Sachs
1 unchanged sentence
Dan Sachs, Director
+Added: By:  
+Added: /s/ David Graff
+Added: March 17, 2023
+Added: David Graff, Director
INDEX TO EXHIBITS
2 unchanged sentences
1 to Form S-1 filed July 16, 1996 (File No.
−Removed: Bylaws (incorporated by reference to Exhibit 3.2 to Form 10-K filed on April 1, 2019)
+Added: Bylaws (incorporated by reference to Exhibit 3.2 to Form 10-K filed on March 19, 2020)
Amendment dated November 5, 2014 to Employment Agreement with Michael Degen (incorporated by reference to Exhibit 99.1 to Form 8-K filed November 7, 2014)**
−Removed: Restated Equity Appreciation Rights Plan dated March 11, 2015 (incorporated by reference to Appendix A to Definitive Proxy Statement filed March 24, 2015)**
Lease Agreement dated April 1, 2015 between the Company and LSOP 3 MN 3, LLC (incorporated by reference to Form 8-K filed April 9, 2015)
13 unchanged sentences
Employment Agreement with John Lindeen dated September 9, 2019 (incorporated by reference to Exhibit 10.2 to Form 8-K filed September 11, 2019)
−Removed: Employment Agreement with Curtis Steichen dated September 17, 2019 (incorporated by reference to Exhibit 10.1 to Form 8-K filed September 18, 2019).**
Third Amendment dated November 12, 2019 to Loan and Security Agreement between the Company and Bank of America N.A.
(incorporated by reference to Exhibit 10.2 to Form 10-Q filed November 12, 2019).
+Added: First Amendment to Lease Agreement dated September 17, 2018 between the Company and AR Meridian Circle Owner, LLC, as successor to LSOP 3 MN 3, LLC (incorporated by reference to Exhibit 10.21 to Form 10-K filed March 19, 2020).
Purchase and Sale Agreement between the Company and Essjay Investment Company, LLC dated June 24, 2020 (incorporated by reference to Exhibit 10.1 to Form 10-Q filed August 11, 2020)
14 unchanged sentences
(incorporated by reference to Exhibit 10.2 to Form 8-K filed March 10, 2022).
+Added: Eighth Amendment dated September 9, 2022 to Loan and Security Agreement between the Company and Bank of America N.A.
+Added: (incorporated by reference to Exhibit 105 to Form 10-Q filed November 9, 2022).
Subsidiaries of Nortech Systems Incorporated*
9 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.