SECURITY AGREEMENT dated 28 February 2011 between THINK HOLDINGS AS THINK GLOBAL AS as Pledgors and ENER1, INC. as Pledgee In relation to: accounts receivables claims bank accounts intercompany loans inventory machinery and equipment real propertySecurity Agreement • March 4th, 2011 • Ener1 Inc • Miscellaneous electrical machinery, equipment & supplies
AMENDED AND RESTATED REVOLVING LINE OF CREDIT AGREEMENTCredit Agreement • March 4th, 2011 • Ener1 Inc • Miscellaneous electrical machinery, equipment & supplies
This Amended and Restated Revolving Line of Credit Agreement (this “Agreement”), dated as of February 28, 2011, is made by and between ENER1, INC., a Florida corporation (the “Lender”), and THINK HOLDINGS AS, a Norwegian limited liability company with the business register no 992 714 344, and registered address Rolfsbuktveien 4 F, N-1364 Fornebu (“Think Holdings”), THINK GLOBAL AS, a Norwegian limited liability company with the business register no 989 710 796, and registered address Rolfsbuktveien 4 F, N-1364 Fornebu (“Think Global”), and THINK NORTH AMERICA, INC., a Delaware corporation (“Think N.A.”). Think Holdings, Think Global and Think N.A. are sometimes each referred to herein as a “Borrower”, and collectively as the “Borrowers”.
AMENDED AND RESTATED SECURITY AGREEMENTSecurity Agreement • March 4th, 2011 • Ener1 Inc • Miscellaneous electrical machinery, equipment & supplies • New York
THIS AMENDED AND RESTATED SECURITY AGREEMENT, dated as of February 28, 2011 (this “Agreement”), is by and between ENER1, INC., a Florida corporation (“Ener1”), as secured party, and THINK HOLDINGS AS, a Norwegian limited liability company (“Think Holdings”), THINK GLOBAL AS, a Norwegian limited liability company (“Think Global”), and THINK NORTH AMERICA, INC., a Delaware corporation (“Think N.A.”), each as a debtor. Ener1 and its endorsees, transferees and assigns are sometimes collectively referred to herein as the “Secured Parties”. Think Holdings, Think Global and Think N.A. are sometimes each referred to herein as a “Debtor”, and collectively as the “Debtors”.
