LOAN AND SECURITY AGREEMENTLoan and Security Agreement • April 30th, 2015 • Arcadia Biosciences, Inc. • Agricultural chemicals • California
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of April 28, 2015, (the “Effective Date”) between Arcadia Biosciences, Inc., Delaware corporation (“Borrower”), each Lender (as defined in Section 14) and Obsidian Agency Services, Inc., a California corporation, in its capacity as administrative and collateral agent (the “Agent”) for Lenders, and provides the terms on which Lenders shall lend to Borrower and Borrower shall repay Lenders. For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
