LOAN AND SECURITY AGREEMENTLoan and Security Agreement • May 24th, 2010 • Villageedocs Inc • Services-business services, nec • Florida
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of May 24, 2010 (the “Effective Date”) between SILICON VALLEY BANK, a California corporation (“Bank”), on the one side, and VillageEDOCS, Inc., a Delaware corporation ("VillageEDOCS"), MessageVision, Inc., a California corporation ("MessageVision"), Decision Management Company, Inc., a California corporation ("Decision Management"), GoSolutions, Inc., a Florida corporation ("GoSolutions"), and GoSolo Technologies, Inc., a Florida corporation ("GoSolo") (and with VillageEDOCS, MessageVision, Decision Management, GoSolutions and GoSolo being jointly and severally referred to herein as the “Borrower”), on the other side, provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
