LOAN AGREEMENTLoan Agreement • January 4th, 2008 • Vaughan Foods, Inc. • Miscellaneous food preparations & kindred products • Oklahoma
THIS LOAN AGREEMENT (hereinafter referred to as “Agreement”) is made and entered into effective as of the 31st day of December 2007, between Vaughan Foods, Inc., an Oklahoma corporation (“VFI”), Allison’s Gourmet Kitchens, Limited Partnership, an Oklahoma limited partnership and Wild About Food – Oklahoma, LLC, a Texas limited liability company (hereinafter collectively referred to as the “Borrower”), and International Bank of Commerce, a Texas state banking association (hereinafter referred to as “Bank”).
SECURITY AGREEMENTSecurity Agreement • January 4th, 2008 • Vaughan Foods, Inc. • Miscellaneous food preparations & kindred products
THIS SECURITY AGREEMENT (this “Agreement”) is made effective as of the 31st day of December, 2007, by and between VAUGHAN FOODS, INC., an Oklahoma corporation, ALLISON’S GOURMET KITCHENS, LIMITED PARTNERSHIP, an Oklahoma limited partnership, and WILD ABOUT FOOD–OKLAHOMA, LLC, a Texas limited liability company (herein collectively called “Debtor”), in favor of INTERNATIONAL BANK OF COMMERCE (herein called “Secured Party”).
