LOAN AND SECURITY AGREEMENT -.LLoan and Security Agreement • February 17th, 2009 • Broadcaster Inc • Services-prepackaged software • California
THIS LOAN AND SECURITY AGREEMENT is entered into on the above date between REMINGTON PARTNERS, INC. (“REMINGTON”), whose address is 919 Sir Francis Drake Blvd., Suite 202, Kentfield, CA 94904 and the borrower named above (“Borrower”), whose chief executive office is located at the above address (“Borrower’s Address”). The Schedule to this Agreement (the “Schedule”) being signed concurrently is an integral part of this Agreement. (Definitions of certain terms used in this Agreement are set forth in Section 8 below.)
GUARANTYGuaranty • February 17th, 2009 • Broadcaster Inc • Services-prepackaged software
In consideration of REMINGTON PARTNERS , INC., a California corporation, ("Lender”) providing financing to Lamplighter Studios, Inc., a California corporation, referred to as “Borrower”, under a Loan Agreement dated as of January 9, 2009 (the “ Agreement'”) , Broadcaster, Inc., a Florida corporation (referred to as “Guarantor”) unconditionally and irrevocably guarantees payment of all amounts Borrower owes Lender and Borrower's performance of the Agreement and any other future agreements between Borrower and Lender, as amended from time to time (collectively the Agreements), according to their terms.
