REVOLVING LINE OF CREDIT AGREEMENT by and between ZIONS FIRST NATIONAL BANK, a national banking association, as Lender, and FRANKLIN COVEY CO., a Utah corporation, as Borrower Dated as of March 14, 2007Revolving Line of Credit Agreement • March 19th, 2007 • Franklin Covey Co • Blankbooks, looseleaf binders & bookbindg & relatd work • Utah
THIS REVOLVING LINE OF CREDIT AGREEMENT is made as of March 14, 2007, by and between FRANKLIN COVEY CO., a Utah corporation (“Borrower”), whose address is 2200 West Parkway Blvd., Salt Lake City, Utah 84119, and ZIONS FIRST NATIONAL BANK, a national banking association (“Lender”), whose mailing address is 10 East South Temple, Suite 200, Salt Lake City, Utah 84133.
REPAYMENT GUARANTYRepayment Guaranty • March 19th, 2007 • Franklin Covey Co • Blankbooks, looseleaf binders & bookbindg & relatd work • Utah
THIS REPAYMENT GUARANTY (as amended, modified, extended, and renewed from time to time, the “Guaranty”), dated as of March 14, 2007, is made by FRANKLIN COVEY PRINTING, INC., a Utah corporation, FRANKLIN DEVELOPMENT CORPORATION, a Utah corporation, FRANKLIN COVEY TRAVEL, INC., a Utah corporation, FRANKLIN COVEY CATALOG SALES, INC., a Utah corporation, FRANKLIN COVEY CLIENT SALES, INC., a Utah corporation, FRANKLIN COVEY PRODUCT SALES, a Utah corporation, FRANKLIN COVEY SERVICES, L.L.C., a Utah limited liability company, and FRANKLIN COVEY MARKETING, LTD., a Utah limited partnership (individually and collectively, as the context requires, and jointly and severally, “Guarantor”), in favor of ZIONS FIRST NATIONAL BANK, a national banking association (“Lender”), in conjunction with the Loan made to FRANKLIN COVEY CO., a Utah corporation (“Borrower”), by Lender pursuant to the Loan Agreement.
SECURITY AGREEMENTSecurity Agreement • March 19th, 2007 • Franklin Covey Co • Blankbooks, looseleaf binders & bookbindg & relatd work • Utah
THIS SECURITY AGREEMENT (“Agreement”) is made as of March 14, 2007, by and among FRANKLIN COVEY CO., a Utah corporation (“Borrower”), FRANKLIN COVEY PRINTING, INC., a Utah corporation, FRANKLIN DEVELOPMENT CORPORATION, a Utah corporation (“Development”), FRANKLIN COVEY TRAVEL, INC., a Utah corporation, FRANKLIN COVEY CATALOG SALES, INC., a Utah corporation, FRANKLIN COVEY CLIENT SALES, INC., a Utah corporation (“Client”), FRANKLIN COVEY PRODUCT SALES, INC., a Utah corporation, FRANKLIN COVEY SERVICES, L.L.C., a Utah limited liability company (“Services”), and FRANKLIN COVEY MARKETING, LTD., a Utah limited partnership (“Marketing”) (individually and collectively, as the context requires, “Guarantor” and, together with Borrower, individually and collectively, as the context requires, “Debtor”), JPMORGAN CHASE BANK, N.A., a national banking association (“Collateral Agent”), not in its individual capacity, but solely as collateral agent for JPMORGAN CHASE BANK, N.A., a national banking ass
South Central Ontario Region 381 King St. W. & Francis St., 2nd Fl. Kitchener, Ontario N2G 1B8 Telephone No.: (519) 570-7322 Fax No.: (519) 579-2610Credit Facility Agreement • March 19th, 2007 • Franklin Covey Co • Blankbooks, looseleaf binders & bookbindg & relatd work
We are pleased to offer the Borrower the following credit facilities (the "Facilities"), subject to the following terms and conditions.
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • March 19th, 2007 • Franklin Covey Co • Blankbooks, looseleaf binders & bookbindg & relatd work • Utah
This PLEDGE AND SECURITY AGREEMENT (as the same may be amended, restated or otherwise modified, this “Agreement”) is made as of March 14, 2007, between FRANKLIN COVEY CO., a Utah corporation with a place of business at 2200 West Parkway Blvd., Salt Lake City, Utah 84119 (“Pledgor”), and JPMORGAN CHASE BANK, N.A., a national banking association with offices at 80 West Broadway, Suite 200, Salt Lake City, Utah, 84101 (“Collateral Agent”), not in its individual capacity, but solely as collateral agent for JPMORGAN CHASE BANK, N.A., a national banking association (“Chase”), and ZIONS FIRST NATIONAL BANK, a national banking association (“Zions” and, together with Chase, individually and collectively, as the context requires, the “Lender”), in conjunction with the Loan made to Pledgor by Lender pursuant to the Loan Agreement.
