LOAN AND SECURITY AGREEMENT by and between PORTALPLAYER, INC., as Borrower and SILICON VALLEY BANK, as Bank MAY 31, 2005Loan and Security Agreement • June 6th, 2005 • PortalPlayer, Inc. • Semiconductors & related devices
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated May 31, 2005, between SILICON VALLEY BANK (“Bank”), whose address is 3003 Tasman Drive, Santa Clara, California 95054, fax number: (408) 654-5517, and PORTALPLAYER, INC., a corporation organized and in good standing in the State of California (“Borrower”), whose address is 70 W. Plumeria Drive, San Jose, California 95134, fax number: (408) 855-0841 provides the terms on which Bank will lend to Borrower and Borrower will repay Bank.
