BUSINESS LOAN AGREEMENTBusiness Loan Agreement • March 1st, 2007 • Utek Corp • Florida
THIS BUSINESS LOAN AGREEMENT dated February 16, 2007, is made and executed between UTEK Corporation (“Borrower”) and The Bank of Tampa (“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 (“Loan”). 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.
EQUITY MONETIZATION AGREEMENTEquity Monetization Agreement • March 1st, 2007 • Utek Corp • Florida
This Equity Monetization Agreement (“Agreement”) is made and entered into this __day of February, 2007, by and between UTEK Corporation (“UTEK”), a Delaware Corporation, 2109 E Palm Avenue, Tampa, Florida 33605, and vFinance, Inc., (“VFIN”) 3010 North military Trail, Suite 300, Boca Raton, Fl 33431
