LightPath Technologies, Inc. Avidbank Corporate Finance, a division of Avidbank LOAN AND SECURITY AGREEMENTLoan and Security Agreement • October 3rd, 2013 • Lightpath Technologies Inc • Semiconductors & related devices • California
This Loan And Security Agreement is entered into as of September 30, 2013, by and between Avidbank Corporate Finance, a division of Avidbank (“Bank”) and LightPath Technologies, Inc. (“Borrower”).
INTELLECTUAL PROPERTY SECURITY AGREEMENTIntellectual Property Security Agreement • October 3rd, 2013 • Lightpath Technologies Inc • Semiconductors & related devices
THIS INTELLECTUAL PROPERTY SECURITY AGREEMENT is entered into as of September 30, 2013 by and between AVIDBANK CORPORATE FINANCE, A DIVISION OF AVIDBANK, a California corporation (“Bank”) and LIGHTPATH TECHNOLOGIES, INC., a Delaware corporation (“Grantor”).
UNCONDITIONAL GUARANTY (GELTECH INC.)Unconditional Guaranty • October 3rd, 2013 • Lightpath Technologies Inc • Semiconductors & related devices • California
For and in consideration of the loan by AvidBank Corporate Finance, a division of AvidBank (“Lender”) to LightPath Technologies, Inc., a Delaware corporation (“Borrower”), which loan is made pursuant to a Loan and Security Agreement between Borrower and Lender dated as of September 30, 2013, as amended from time to time (the “Loan Agreement”), and acknowledging that Lender would not enter into the Loan Agreement without the benefit of this Guaranty, the undersigned guarantor (“Guarantor”) hereby unconditionally and irrevocably guarantees the prompt and complete payment of all amounts that Borrower owes to Lender and performance by Borrower of the Loan Agreement and any other agreements between Borrower and Lender, as amended from time to time (collectively referred to as the “Agreements”), in strict accordance with their respective terms. All terms used without definition in this Guaranty shall have the meaning assigned to them in the Loan Agreement.
