Harris Loan Authorization AgreementLoan Authorization Agreement • November 2nd, 2006 • San Holdings Inc • Computer storage devices • Illinois
The Company referred to below has applied for, and Harris N.A., Chicago, Illinois (“Bank”), has approved the establishment of, a loan authorization account (“Loan Account”) from which the Company may from time to time request loans up to the maximum amount of credit shown below (the “Maximum Credit”). Interest on such loans is computed at a variable rate which may change daily based upon changes in the Bank’s Prime Rate. The Company may make principal payments at any time and in any amount. The request by the Company for, and the making by the Bank of, any loan against the Loan Account shall constitute an agreement between the Company and the Bank as follows:
