LOAN AND SECURITY AGREEMENT Dated: March 28, 2003Loan and Security Agreement • April 3rd, 2003 • Artesyn Technologies Inc • Electronic components, nec • New York
THIS LOAN AND SECURITY AGREEMENT is made on March 28, 2003, by and among FLEET CAPITAL CORPORATION (“FCC”, and together with its successors and assigns, “Lender”), a Rhode Island corporation with an office at 300 Galleria Parkway, N.W., Suite 800, Atlanta, Georgia 30339; ARTESYN TECHNOLOGIES, INC., a Florida corporation with its chief executive office and principal place of business at 7900 Glades Road, Suite 500, Boca Raton, Florida 33434 (“Technologies,” individually and, in its capacity as the representative of the other Borrowers pursuant to Section 3.3 hereof, “Borrowers’ Agent”); ARTESYN NORTH AMERICA, INC., a Delaware corporation with its chief executive office and principal place of business at 7575 Market Place Drive, Eden Prairie, Minnesota 55344 (“North America”); and ARTESYN COMMUNICATION PRODUCTS, INC., a Wisconsin corporation with its chief executive office and principal place of business at 8310 Excelsior Drive, Madison, Wisconsin 53717 (“Communication Products”). (Techn
