FACTORING AND SECURITY AGREEMENTFactoring and Security Agreement • March 20th, 2009 • Corgenix Medical Corp/Co • In vitro & in vivo diagnostic substances • Colorado
This Factoring and Security Agreement, dated as of March 17, 2009 is between Corgenix Medical Corporation, a Nevada corporation, which sometimes uses the name Corgenix and which sometimes uses the name Corgenix New York (collectively the “Client”) and Benefactor Funding Corp., a Colorado corporation (the “Factor”).
CONTINUING GUARANTY AND WAIVERContinuing Guaranty • March 20th, 2009 • Corgenix Medical Corp/Co • In vitro & in vivo diagnostic substances • Colorado
Reference is made to the Factoring and Security Agreement (the “Agreement”) dated as of March 17, 2009, between Corgenix, Inc., a Delaware corporation, formerly known as REAADS Medical Products, Inc. which sometimes uses the name Corgenix US and which sometimes uses the name REAADS (collectively the “Client”) and Benefactor Funding Corp., a Colorado corporation (“Factor”). The terms used herein, where applicable and appropriate, shall have the same meaning as the terms used and defined in the Agreement. This Continuing Guaranty and Waiver is hereby defined as the “Guaranty”.
