EXHIBIT 10.3 LOAN AND SECURITY AGREEMENTLoan and Security Agreement • March 7th, 2006 • Us Lec Corp • Telephone communications (no radiotelephone) • North Carolina
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • March 7th, 2006 • Us Lec Corp • Telephone communications (no radiotelephone) • North Carolina
THIS PLEDGE AND SECURITY AGREEMENT (“Pledge Agreement”), dated October 25, 2005, is by US LEC Corp., a Delaware corporation (“Pledgor”), with its chief executive office at 6801 Morrison Boulevard, Charlotte, NC 28211, to and in favor of Wachovia Bank, National Association, a National Banking Association (“Pledgee”), having an office at 301 South College Street, Charlotte, NC 28288-0479.
EXHIBIT 10.5 TRADEMARK SECURITY AGREEMENT THIS TRADEMARK SECURITY AGREEMENT ("Agreement"), dated October 25, 2005, is by US LEC CORP., a Delaware corporation ("Debtor"), with its principal office at 6801 Morrison Boulevard, Charlotte, North Carolina...Trademark Security Agreement • March 7th, 2006 • Us Lec Corp • Telephone communications (no radiotelephone) • North Carolina
GUARANTEEGuarantee • March 7th, 2006 • Us Lec Corp • Telephone communications (no radiotelephone) • North Carolina
THIS GUARANTEE (“Guarantee”), dated October 25, 2005, is by each of the undersigned (each individually, a “Guarantor” and collectively, “Guarantors”) in favor of Wachovia Bank, National Association, a National Banking Association (“Lender”), having an office at 301 South College Street, Charlotte, NC 28288-0479.
