0000097052-07-000020 Sample Contracts

SECURITY AGREEMENT
Security Agreement • June 4th, 2007 • Teltronics Inc • Telephone & telegraph apparatus • New York

This SECURITY AGREEMENT (this “Agreement”), dated as of May 31, 2007, among Grantors listed on the signature pages hereof and those additional entities that hereafter become parties hereto by executing the form of Supplement attached hereto as Annex 1 (collectively, jointly and severally, the “Grantors” and each, individually, a “Grantor”), and WELLS FARGO FOOTHILL, INC., a California corporation, in its capacity as the arranger and administrative agent for the Lender Group and the Bank Product Provider (together with its successors and assigns in such capacity, the “Agent”).

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CREDIT AGREEMENT by and among TELTRONICS, INC. as Borrower, THE LENDERS THAT ARE SIGNATORIES HERETO as the Lenders, and WELLS FARGO FOOTHILL, INC. as the Arranger and Administrative Agent Dated as of May 31, 2007
Credit Agreement • June 4th, 2007 • Teltronics Inc • Telephone & telegraph apparatus • New York

THIS CREDIT AGREEMENT (this “Agreement”), is entered into as of May 31, 2007, by and among the lenders identified on the signature pages hereof (such lenders, together with their respective successors and permitted assigns, are referred to hereinafter each individually as a “Lender” and collectively as the “Lenders”), WELLS FARGO FOOTHILL, INC., a California corporation, as the arranger and administrative agent for the Lenders (in such capacity, together with its successors and assigns in such capacity, “Agent”), and TELTRONICS, INC., a Delaware corporation (“Borrower”).

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