EXECUTIVE EMPLOYMENT AGREEMENT (Amendment 2)Executive Employment Agreement • December 29th, 2009 • Onstream Media CORP • Services-computer integrated systems design • Florida
THIS EXECUTIVE EMPLOYMENT AGREEMENT (this "Agreement") is an August 11, 2009 amendment to the agreement made and entered into and effective as of the 27th day of September, 2007 (the "Effective Date"), and subsequently amended May 15, 2008, between Onstream Media Corporation, a Florida corporation, whose principal place of business is 1291 S.W. 29th Avenue, Pompano Beach, Florida 33069 (the "Company") and Alan Saperstein, an individual whose address is ___________________, __________, Florida _____ (the "Executive").
SECURITY AGREEMENTSecurity Agreement • December 29th, 2009 • Onstream Media CORP • Services-computer integrated systems design • Louisiana
This SECURITY AGREEMENT (this “Agreement”), dated as of December 28, 2007 is entered into between Onstream Media Corporation, a corporation (the “Debtor”), and Thermo Credit, LLC, a Colorado limited liability company (the “Secured Party”).
PROMISSORY NOTEPromissory Note • December 29th, 2009 • Onstream Media CORP • Services-computer integrated systems design • Louisiana
PROMISE TO PAY. For value received, the undersigned makers (hereinafter referred to as “Borrower,” which term means individually, collectively, and interchangeably any, each and/or all of them), promises to pay to the order of THERMO CREDIT LLC (“Lender”), or its registered assigns, in lawful money of the United States of America the sum of One million and No/100 ($1,000,000.00) Dollars, or such other or lesser amounts as may be reflected from time to time on the books and records of Lender as evidencing the aggregate unpaid principal balance of loan advances made to Borrower.
Commercial Business Loan Agreement for Online Media Corporation Line of CreditCommercial Business Loan Agreement • December 29th, 2009 • Onstream Media CORP • Services-computer integrated systems design • Louisiana
This Agreement is dated December 28, 2007 and is between Thermo Credit LLC ("Thermo") and Onstream Media Corporation (hereinafter referred to as "Borrower).
AMENDMENT TO AGREEMENTSCommercial Business Loan Agreement • December 29th, 2009 • Onstream Media CORP • Services-computer integrated systems design
This Amendment to the Commercial Business Loan Agreement and related Security Agreement and Promissory Note, as of August 29, 2008, is made by and between Thermo Credit, LLC (hereinafter referred to as the “Secured Party”) and Onstream Media Corporation (“Debtor”), who hereby agree as follows:
SECOND AMENDMENT TO COMMERCIAL BUSINESS LOAN AGREEMENTCommercial Business Loan Agreement • December 29th, 2009 • Onstream Media CORP • Services-computer integrated systems design
This Second Amendment to the Commercial Business Loan Agreement and related Security Agreement and Promissory Note, as of December 7, 2009, is made by and between Thermo Credit, LLC (hereinafter referred to as the “Secured Party”) and Onstream Media Corporation (“Debtor”), who hereby agree as follows:
