EXPORT-IMPORT BANK OF THE UNITED STATES WORKING CAPITAL GUARANTEE PROGRAM BORROWER AGREEMENTBorrower Agreement • July 7th, 2008 • Microfluidics International Corp • Laboratory apparatus & furniture
THIS BORROWER AGREEMENT (this “Agreement”) is made and entered into by the entity identified as Borrower on the signature page hereof (“Borrower”) in favor of the Export-Import Bank of the United States (“Ex-Im Bank”) and the institution identified as Lender on the signature page hereof (“Lender”).
LOAN AND SECURITY AGREEMENTLoan and Security Agreement • July 7th, 2008 • Microfluidics International Corp • Laboratory apparatus & furniture • Delaware
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of the Effective Date between (i) SILICON VALLEY BANK, a California corporation with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (“Bank”), and (ii) MICROFLUIDICS INTERNATIONAL CORPORATION, a Delaware corporation and MICROFLUIDICS CORPORATION, a Delaware corporation, each with offices located at 30 Ossipee Road, Newton, Massachusetts 02464 (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
TD BANK, N.A. SECURITY AGREEMENT (Pledged Collateral)Security Agreement • July 7th, 2008 • Microfluidics International Corp • Laboratory apparatus & furniture
The undersigned has delivered to TD Bank, N.A. (the “Bank”) Certificate of Deposit No. 8731024878 in the face amount of $546,878.15 issued by the Bank and belonging to the undersigned (the “Collateral”). The undersigned hereby agrees that such Collateral is to be held by the Bank as security for all reimbursement obligations including transaction fees of the undersigned to the Bank pursuant to the following letters of credit (hereinafter, collectively, the “Obligations”):
INTELLECTUAL PROPERTY SECURITY AGREEMENTIntellectual Property Security Agreement • July 7th, 2008 • Microfluidics International Corp • Laboratory apparatus & furniture
This Intellectual Property Security Agreement (this “IP Agreement”) is made as of the 27th day of June, 2008 by and between MICROFLUIDICS INTERNATIONAL CORPORATION, a Delaware corporation (the “Grantor”), and SILICON VALLEY BANK, a California-chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (“Bank”).
FIRST LOAN MODIFICATION AGREEMENTLoan Modification Agreement • July 7th, 2008 • Microfluidics International Corp • Laboratory apparatus & furniture
This First Loan Modification Agreement (this “Loan Modification Agreement”) is entered into as of July 2, 2007, by and between (i) SILICON VALLEY BANK, a California corporation with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (“Bank”), and (ii) MICROFLUIDICS INTERNATIONAL CORPORATION, a Delaware corporation and MICROFLUIDICS CORPORATION, a Delaware corporation, each with offices located at 30 Ossipee Road, Newton, Massachusetts 02464 (“Borrower”).
EXPORT-IMPORT BANK LOAN AND SECURITY AGREEMENTLoan and Security Agreement • July 7th, 2008 • Microfluidics International Corp • Laboratory apparatus & furniture • Delaware
THIS EXPORT-IMPORT BANK LOAN AND SECURITY AGREEMENT (this “EXIM Agreement”) dated as of the Effective Date among (i) SILICON VALLEY BANK, a California corporation with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (“Bank”), and (ii) MICROFLUIDICS INTERNATIONAL CORPORATION, a Delaware corporation and MICROFLUIDICS CORPORATION, a Delaware corporation, each with offices located at 30 Ossipee Road, Newton, Massachusetts 02464 (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
June 27, 2008Loan Agreement • July 7th, 2008 • Microfluidics International Corp • Laboratory apparatus & furniture
