AGREEMENT AND CONSENT TO SURRENDER OF COLLATERALAgreement and Consent • March 2nd, 2011 • Compliance Systems Corp • Communications services, nec • New York
This AGREEMENT AND CONSENT TO SURRENDER OF COLLATERAL (this “Consent”) is made as of the 1st day of December 2010, by Compliance Systems Corporation, a Nevada corporation having an address at 50 Glen Street, Suite 308, Glen Cove, NY 11542 (the “Debtor”), Call Compliance Inc., a New York corporation, and a subsidiary of Debtor having an address at 111 Nesconset Highway, Suite 220, Hauppauge, NY 11788 (“Call Compliance”) and Execuserve Corp. a Virginia corporation, and a subsidiary of Debtor having an address at 6688 Main Street, Gloucester, VA 23061 (“Execuserve” and together with Call Compliance, each a “Guarantor” and collectively, the “Guarantors”) in favor of Agile Opportunity Fund, LLC, a Delaware limited liability company having an address at 1175 Walt Whitman Road, Suite 100A, Melville, NY 11747 (the “Secured Party”).
