LOAN AND SECURITY AGREEMENT by and amongLoan and Security Agreement • August 14th, 2006 • Bidz.com, Inc. • Services-business services, nec • Massachusetts
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”), is entered into as of July [ ], 2006, by and among, on the one hand, LASALLE RETAIL FINANCE, A DIVISION OF LASALLE BUSINESS CREDIT, LLC as agent for LASALLE BANK MIDWEST NATIONAL ASSOCIATION, together with its respective successors and assigns (“Lender”), and, on the other hand, Bidz.com, Inc., a Delaware corporation (“Bidz DE”) and Bidz.com, Inc., a California corporation (“Bidz CA” and, together with Bidz DE, collectively, “Borrower”).
