LOAN AND SECURITY AGREEMENTLoan and Security Agreement • July 1st, 2010 • LOCAL.COM • Services-business services, nec • Delaware
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of June 28, 2010 (the “Effective Date”) between SILICON VALLEY BANK, a California corporation (“Bank”), and LOCAL.COM CORPORATION, a Delaware corporation (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
