LOAN AND SECURITY AGREEMENT by and between GEMCAP LENDING I, LLC, as Lender, and REED’S, INC., as Borrower Dated: November 18, 2009Loan and Security Agreement • March 30th, 2010 • Reeds Inc • Bottled & canned soft drinks & carbonated waters • California
LOAN AND SECURITY AGREEMENT, dated as of November 18, 2009, by and between REED’S, INC., a Delaware corporation, with its principal place of business located at 13000 South Spring Street, Los Angeles, California 90061 (“Borrower”), and GEMCAP LENDING I, LLC, a Delaware limited liability company with offices at 1401 Ocean Avenue, Suite 305, Santa Monica, California 90401. (together with its successors and assigns, the “Lender”).
