Loan and Security Agreement DATED AS OF JUNE 30, 2003 BETWEEN LASALLE BANK NATIONAL ASSOCIATION THE LENDER, WELLS-GARDNER ELECTRONICS CORPORATION AND AMERICAN GAMING & ELECTRONICS, INC. THE BORROWERSLoan and Security Agreement • August 11th, 2003 • Wells Gardner Electronics Corp • Radio & tv broadcasting & communications equipment • Illinois
THIS LOAN AND SECURITY AGREEMENT (as amended, modified or supplemented from time to time, this “Agreement”) made this 30th day of June, 2003 by and among LASALLE BANK NATIONAL ASSOCIATION, a national banking association (“Lender”), 135 South LaSalle Street, Chicago, Illinois 60603-4105, and WELLS-GARDNER ELECTRONICS CORPORATION, an Illinois corporation, having its principal place of business at 9500 West 55th Street, McCook, Illinois 60525-3605 (“WGE”) and AMERICAN GAMING & ELECTRONICS, INC., a Nevada corporation, having its principal place of business at 9500 West 55th Street, McCook, Illinois 60525-3605(“AGE”) (WGE and AGE are collectively referred to as “Borrowers”).
