Credit AgreementCredit Agreement • December 8th, 2014 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington
This agreement dated as of December 5, 2014 is between JPMorgan Chase Bank, N.A. (together with its successors and assigns, the “Bank”), whose address is 888 SW 5th Ave., Portland, OR 97204, and Nautilus, Inc. (individually, the “Borrower” and if more than one, collectively, the “Borrowers”), whose address is 17750 SE 6th Way, Vancouver, WA 98683.
Continuing Security Agreement Name of Debtor: Nautilus, Inc. Debtor’s Address: 17750 SE 6th Way, Vancouver, WA 98683Continuing Security Agreement • December 8th, 2014 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington
Grant of Security Interest. Nautilus, Inc. (the “Debtor”) grants to JPMorgan Chase Bank, N.A., whose address is 888 SW 5th Ave., Portland, OR 97204 (together with its successors and assigns, the “Bank”) a continuing security interest in, pledges and assigns to the Bank all of the “Collateral” (as hereinafter defined) owned by the Debtor, all of the collateral in which the Debtor has rights or power to transfer rights and all Collateral in which the Debtor later acquires ownership, other rights or rights or power to transfer rights to secure the payment and performance of the Liabilities.
