LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 16th, 2012 • Advanced Environmental Recycling Technologies Inc • Millwood, veneer, plywood, & structural wood members • Georgia
THIS LOAN AND SECURITY AGREEMENT (together with all schedules, riders and exhibits annexed hereto from time to time, this "Agreement") is entered into this 15th day of November, 2012, between ALOSTAR BANK OF COMMERCE, a state banking institution organized under the laws of the State of Alabama ("Lender"), and ADVANCED ENVIRONMENTAL RECYCLING TECHNOLOGIES, INC., a Delaware corporation ("Borrower"). All schedules, riders and exhibits annexed hereto are incorporated herein and made a part hereof.
