LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 1st, 2012 • Identive Group, Inc. • Computer peripheral equipment, nec • California
THIS LOAN AND SECURITY AGREEMENT is made and dated as of October 30, 2012 and is entered into by and among IDENTIVE GROUP, INC., a Delaware corporation (“Parent”), and each of the Domestic Subsidiaries listed on Schedule 1.1 hereto (together with Parent, hereinafter collectively referred to as “Borrower”), and HERCULES TECHNOLOGY GROWTH CAPITAL, INC., a Maryland corporation (“Lender”).
SECURED TERM PROMISSORY NOTEIdentive Group, Inc. • November 1st, 2012 • Computer peripheral equipment, nec
This Promissory Note is the Term Note referred to in, and is executed and delivered in connection with, that certain Loan and Security Agreement dated October 30, 2012, by and among Borrower and Lender (as the same may from time to time be amended, modified or supplemented in accordance with its terms, the “Loan Agreement”), and is entitled to the benefit and security of the Loan Agreement and the other Loan Documents (as defined in the Loan Agreement), to which reference is made for a statement of all of the terms and conditions thereof. All payments shall be made in accordance with the Loan Agreement. All terms defined in the Loan Agreement shall have the same definitions when used herein, unless otherwise defined herein. An Event of Default under the Loan Agreement shall constitute a default under this Promissory Note.
