0001193125-07-022746 Sample Contracts

SECURITY AGREEMENT
Security Agreement • February 8th, 2007 • Elandia, Inc. • Telephone communications (no radiotelephone) • Florida

SECURITY AGREEMENT, dated as of February 5, 2007 (this “Agreement”), by and among LATIN NODE, INC., a Florida corporation (together with its successors and assigns, “Debtor”), each subsidiary of Debtor listed on the signature pages hereto (each such subsidiary, individually, a “Subsidiary Grantor” and, collectively, the “Subsidiary Grantors”; the Subsidiary Grantors and Debtor are referred to collectively herein as the “Grantors”) and ELANDIA, INC. (“Lender”).

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CREDIT AGREEMENT $3,000,000 Credit Facility by and among LATIN NODE, INC., a Florida corporation, LATIN NODE, LLC, a Florida limited liability company, LATINODE COMMUNICATIONS CORPORATION, a Florida corporation, NSITE SOFTWARE, LLC, a Florida limited...
Credit Agreement • February 8th, 2007 • Elandia, Inc. • Telephone communications (no radiotelephone)

THIS CREDIT AGREEMENT (this “Agreement”), dated as of February 5, 2007 (the “Effective Date”), is made by and among LATIN NODE, INC., a Florida corporation (“Latin Node”), LATIN NODE, LLC, a Florida limited liability company, LATINODE COMMUNICATIONS CORPORATION, a Florida corporation, NSITE SOFTWARE, LLC, a Florida limited liability company, TROPICAL STAR COMMUNICATIONS, INC., a Florida corporation, TS TELECOMMUNICATIONS, INC., a Florida corporation, TOTAL SOLUTIONS TELECOM, INC., a Florida corporation, CROSSFONE HONDURAS, a Honduras corporation, and LATIN NODE EUROPE, GMBH, a German corporation (together with Latin Node, jointly, severally and collectively, “Borrowers”), and ELANDIA, INC. (“Lender”).

STOCK PLEDGE AGREEMENT DATED FEBRUARY 5, 2007 between LATIN NODE, INC and ELANDIA, INC.
Stock Pledge Agreement • February 8th, 2007 • Elandia, Inc. • Telephone communications (no radiotelephone) • Florida
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