LOAN AND SECURITY AGREEMENT BY AND AMONG THE LENDERS THAT ARE PARTIES HERETO (AS THE LENDERS) STERLING NATIONAL BANKLoan and Security Agreement • July 7th, 2016 • AMERI Holdings, Inc. • Semiconductors & related devices • New York
Contract Type FiledJuly 7th, 2016 Company Industry JurisdictionThis LOAN AND SECURITY AGREEMENT (this “Agreement”) is entered into at New York, New York, as of July 1, 2016, by and among AMERI AND PARTNERS INC, a Delaware corporation having its chief executive offices located at 100 Canal Pointe Blvd., Princeton, New Jersey 08540 (“Partners”); BELLSOFT, INC., a Georgia corporation having its chief executive offices located at 3545 Cruse Road, Lawrenceville, Georgia 30044 (“Bellsoft” and together with Partners and each other Person joined hereto from time to time as a borrower, collectively, jointly and severally, the “Borrowers”); AMERI HOLDINGS, INC., a Delaware corporation having its chief executive offices located at 100 Canal Pointe Blvd., Princeton, New Jersey 08540 (“Parent”); LINEAR LOGICS, CORP., a Pennsylvania corporation having its chief executive offices located at 100 Canal Pointe Blvd., Princeton, New Jersey 08540 (“Linear Logics”); WINHIRE INC, a Delaware corporation having its chief executive offices located at 100 Canal Pointe Blvd