LOAN AND SECURITY AGREEMENT (ACCOUNTS AND INVENTORY)Loan and Security Agreement • April 16th, 2004 • Infosonics Corp • Wholesale-electronic parts & equipment, nec • California
THIS AGREEMENT is entered into on September 20, 2002, between Comerica Bank-California, a California banking corporation ("Bank") as secured party, whose headquarters office is 333 West Santa Clara Street, San Jose, CA 95113 and Infosonics Corporation, a corporation, and Infosonics de Mexico, S. A. de C.V., a corporation, (Jointly and severally, individually and collectively "Borrower"), whose sole place of business (if it has only one), chief executive office (if it has more than one place of business) is located at the address set forth below its name on the signature page to this Agreement. The parties agree as follows:
BUILDING LEASE AGREEMENTBuilding Lease Agreement • April 16th, 2004 • Infosonics Corp • Wholesale-electronic parts & equipment, nec • California
This Building Lease Agreement ("Lease") dated as of January 26, 2004 ("Effective Date"), is entered into by and between ROBERT JEAN LICHTER and GAIL F. LICHTER, Trustees of THE LICHTER FAMILY TRUST FIRST AMENDED AND RESTATED DECLARATION OF TRUST DATED NOVEMBER 7, 1996, and KENNETH R. SATTERLEE and CANDACE C. SATTERLEE, Trustees of THE SATTERLEE FAMILY TRUST UTD APRIL 24, 1986, as tenants-in-common ("Landlord"), and INFOSONICS CORPORATION, a Maryland corporation ("Tenant"), on all of the terms and conditions set forth below and in the attached Exhibits, each of which are incorporated into this Lease by this reference. For and in consideration of the mutual covenants and conditions set forth in this Lease, Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the Premises as described in Section 1.1(b) below.
