REVOLVING LINE OF CREDIT LOAN AND SECURITY AGREEMENTCredit Loan and Security Agreement • March 31st, 2008 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles) • Florida
Contract Type FiledMarch 31st, 2008 Company Industry JurisdictionThis Revolving Line of Credit Loan and Security Agreement (the “Security Agreement”) is made and entered into as of the 6th day of September, 2005, by and between ACTION PRODUCTS INTERNATIONAL, INC., a Florida corporation (the “Borrower”), whose mailing address for purpose of notice is 1101 North Keller Road, Suite E, Orlando, Florida, 32810, and AMSOUTH BANK, a bank organized under the laws of the State of Alabama (the “Lender”), whose mailing address for purpose of notice is 111 North Orange Avenue, Suite 1585, Orlando, Florida, 32801.