0001079973-16-001021 Sample Contracts

LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • June 14th, 2016 • Encision Inc • Surgical & medical instruments & apparatus • Michigan

This Agreement dated 15 March, 2016, is an agreement between CRESTMARK BANK ("Crestmark"), and ENCISION INC, a Colorado corporation (''Borrower"). In this Agreement, Crestmark and Borrower are collectively the "Parties". Any person or entity who guarantees the obligations of Borrower (each a "Guarantor") is required to sign this Agreement. The Parties have the addresses shown on the schedule ("Schedule") which is attached to this Agreement. These are the addresses of the Parties for all purposes and may be changed by one party giving notice to the other party in writing of the new address.

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