MASTER LOAN AGREEMENT By and Between LIGHTNING GAMING, INC.,Master Loan Agreement • December 3rd, 2019 • Lightning Gaming, Inc. • Services-prepackaged software • Nevada
THIS MASTER LOAN AGREEMENT, dated as of November 27, 2019 (the “Master Loan Agreement”), by and between Lightning Gaming, Inc., a Nevada corporation, as borrower (“LGI”), Lightning Slot Machines, LLC, a Nevada limited liability company, as borrower (“LSM”), and Lightning Poker, Inc., a Pennsylvania corporation, as borrower (“LPI”) each jointly and severally, (LGI, LSM and LPI are hereinafter individually and collectively referred to as, the “Borrower”) and PDS Gaming – Nevada, LLC (together with its successors and assigns, the “Lender”), a Nevada limited liability company.
ContractWarrant Agreement • December 3rd, 2019 • Lightning Gaming, Inc. • Services-prepackaged software • Nevada
THIS WARRANT AND THE SHARES ISSUABLE HEREUNDER HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION THEREOF UNDER SUCH ACT OR PURSUANT TO RULE 144 OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE CORPORATION AND ITS COUNSEL THAT SUCH REGISTRATION IS NOT REQUIRED. THIS STOCK ISSUED AFTER THE EXERCISE OF THIS WARRANT MAY NOT BE ISSUED WITHOUT THE REQUIRED APPROVAL OF THE NECESSARY GAMING REGULATORY AUTHORITIES THAT HAVE JURISDICTION OVER THE CORPORATION.
SECURITY AGREEMENTSecurity Agreement • December 3rd, 2019 • Lightning Gaming, Inc. • Services-prepackaged software • Nevada
This Security Agreement (the “Security Agreement”) is made and given as of November 27,2019, by Lightning Gaming, Inc., a Nevada corporation, as borrower (“LGI”), Lightning Slot Machines, LLC, a Nevada limited liability company, as borrower (“LSM”), and Lightning Poker, Inc., a Pennsylvania corporation, as borrower (“LPI”) each jointly and severally, (LGI, LSM and LPI are hereinafter individually and collectively referred to as, the “Borrower”), whose principal place of business is located at 23 Creek Circle, Boothwyn, PA 19061, in favor of PDS Gaming – Nevada, LLC, a Nevada limited liability company (together with its successors and assigns, the “Lender”).
