Loan AgreementLoan Agreement • May 23rd, 2008 • AeroGrow International, Inc. • Retail-building materials, hardware, garden supply • Colorado
This Loan Agreement (this “Agreement”), is made effective this ___th day of May, 2008 by and between WLoans, LLC, a Colorado limited liability company with a principal place of business located at 3100 Arapahoe, Suite 301, Boulder Colorado 80303 (“Lender”); AeroGrow International, Inc., a Nevada corporation with a principal place of business located at 6075 Longbow Drive, Boulder Colorado 80301 (“Borrower”); and Jack J. Walker, an individual with a residence located at 1270 Old Tale Road, Boulder Colorado 80303 (“Walker”).
COMMERCIAL PLEDGE AGREEMENTCommercial Pledge Agreement • May 23rd, 2008 • AeroGrow International, Inc. • Retail-building materials, hardware, garden supply
The provisions of this Addendum shall be considered additional provisions to that certain Commercial Pledge Agreement (the “Agreement”) of even date herewith and incorporated therein. To the extent that the provisions of this Addendum conflict with the provisions of the Agreement, the provisions of this Addendum shall govern. Capitalized terms not defined herein shall have the meanings ascribed to them in the Agreement.
BUSINESS LOAN AGREEMENTBusiness Loan Agreement • May 23rd, 2008 • AeroGrow International, Inc. • Retail-building materials, hardware, garden supply • Colorado
THIS BUSINESS LOAN AGREEMENT dated May 16, 2008, is made and executed between AEROGROW INTERNATIONAL, INC.; and JACK J. WALKER ("Borrower") and First National Bank ("Lender") on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower's representations, warranties, and agreements as set forth in this Agreement; (B) the granting. renewing, or extending of any Loan by Lender at all times shall be subject to Lender's sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
