LOAN AND SECURITY AGREEMENTLoan and Security Agreement • June 10th, 2009 • Flint Telecom Group Inc. • Communications equipment, nec
THIS LOAN AND SECURITY AGREEMENT (as amended, modified or restated from time to time, this “Agreement”) dated as of JUNE 4, 2009 (the “Closing Date”), will serve to set forth the terms of the Credit Facility by and among THERMO CREDIT, LLC, a Colorado limited liability company (together with its successors and assigns, “Lender”), FLINT TELECOM GROUP, INC., a Nevada corporation (“Parent”), CVC INT’L, INC., a Florida corporation (“CVC”), PHONE HOUSE OF FLORIDA, INC., a Florida corporation (“Phone House Florida”), DIAL-TONE COMMUNICATION, INC., a Florida corporation (“Dial-Tone”), DIGITAL PHONE SOLUTIONS, INC., a Florida corporation (“Digital”), BETTER CHOICE COMMUNICATIONS, INC., a Florida corporation (“Better Choice”), WIZE COMMUNICATIONS, INC., a Florida corporation (“Wize”), STARCOM ALLIANCE, INC., a Florida corporation (“Starcom”), and PHONE HOUSE, INC. a California corporation (“Phone House California,” and together with CVC, Phone House Florida, Dial-Tone, Digital, Better Choice, W
