LOAN AND SECURITY AGREEMENTLoan and Security Agreement • June 23rd, 2008 • Chyron Corp • Photographic equipment & supplies • New York
THIS LOAN AND SECURITY AGREEMENT (this "Agreement") dated as of June 19, 2008 (the "Effective Date") between SILICON VALLEY BANK, a California corporation with a loan production office located at535 Fifth Avenue, 27th Floor, New York, New York 10017 ("Bank"), and CHYRON CORPORATION, a New York corporation ("Borrower"), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
