LOAN AND SECURITY AGREEMENT Dated as of March 13, 2020 between SIENA LENDING GROUP LLC, as Lender, TRANSACT TECHNOLOGIES INCORPORATEDLoan and Security Agreement • May 22nd, 2020 • Transact Technologies Inc • Computer peripheral equipment, nec • New York
This Loan and Security Agreement (as it may be amended, restated or otherwise modified from time to time, this “Agreement”) is entered into as of March 13, 2020 among (1) Siena Lending Group LLC, together with its successors and assigns (“Lender”), (2) TransAct Technologies Incorporated, a Delaware corporation (“TransAct Technologies”; and together with any other Person who from time to time becomes a Borrower hereunder, collectively, the “Borrowers” and each individually, a “Borrower”), (3) each of the Affiliates of the Borrowers signatory to this Agreement from time to time as guarantors (each a “Guarantor” and collectively, the “Guarantors”) and (3) the other Loan Parties (as defined herein) set forth on the signature pages to this Agreement. The Schedules and Exhibits to this Agreement are an integral part of this Agreement and are incorporated herein by reference. Terms used, but not defined elsewhere, in this Agreement are defined in Schedule B.
