SECURITY AGREEMENTSecurity Agreement • February 27th, 2012 • ORBCOMM Inc. • Communications services, nec • Nevada
THIS SECURITY AGREEMENT (“Agreement”), made and entered into this 22 day of February, 2012, at Reno, Nevada, by and between ORBCOMM Inc., a Delaware corporation company, whose address is 2115 Linwood Avenue, Fort Lee, NJ 07024 (“Borrower”), ORBCOMM LLC, a Delaware limited liability company, whose address is 2115 Linwood Avenue, Fort Lee, NJ 07024 (“ORBCOMM LLC”), ORBCOMM JAPAN, Limited, a Japanese company, whose address is 17-2 Nishi-Shinbashi 2-Chome, Minato-ku, Tokyo 105-003, Japan (“ORBCOMM Japan”), StarTrak Information Technologies, LLC, a Delaware limited liability company, whose address is 408 The American Road, Morris Plains, New Jersey (“StarTrak” and, together with ORBCOMM LLC and OBRCOMM Japan, the “Pledgors”), such Borrower and Pledgors are hereinafter collectively referred to as “Debtor,” and SIERRA NEVADA CORPORATION, a Nevada corporation, whose address is 444 Salomon Circle, Sparks, Nevada 89434, hereinafter referred to as “Secured Party.”
LINE OF CREDIT LOAN AGREEMENTLine of Credit Loan Agreement • February 27th, 2012 • ORBCOMM Inc. • Communications services, nec • Nevada
This LINE OF CREDIT LOAN AGREEMENT (as the same may be amended, modified or amended and restated from time to time, the “Agreement”) is entered into as of the 22 day of February, 2012 (“Execution Date”), by and between ORBCOMM INC., a Delaware corporation (“Borrower”) and SIERRA NEVADA CORPORATION, a Nevada corporation (“Lender”).
