SECURITY AGREEMENTSecurity Agreement • February 23rd, 2011 • TouchIT Technologies, Inc. • Services-prepackaged software
This SECURITY AGREEMENT dated effective as of November 30, 2010 (the "Security Agreement"), is executed by Touchlt Technologies, Inc., a Nevada corporation (as "Debtor") with its chief executive offices located at Istanbul Trakya Serbest Bolgesi Atattirk Bulvari Ali Riza Efendicd., A4 Blok catalea, Istanbul Turkey and TCA Global Credit Master Fund, LP (the "Secured Party").
REVOLVING NOTERevolving Note • February 23rd, 2011 • TouchIT Technologies, Inc. • Services-prepackaged software
This Revolving Note (“Note”) evidences the Revolving Loans incurred by Borrower under and pursuant to the Credit Agreement, to which reference is hereby made for a statement of the terms and conditions under which the Revolving Loan Maturity Date or any payment hereon may be accelerated. The holder of this Note is entitled to all of the benefits and security provided for in the Credit Agreement and the Security Agreement, of even date herewith, executed by and between Borrower and Lender. All Revolving Loans shall be repaid by Borrower on the Revolving Loan Maturity Date, unless payable sooner pursuant to the provisions of the Credit Agreement.
CREDIT AGREEMENT DATED EFFECTIVE AS OF NOVEMBER 30, 2010 BY AND AMONG TOUCHIT TECHNOLOGIES, INC. AS BORROWER, ANDREW BRABIN AND RECEP TANISMAN AS GUARANTORS, AND TCA GLOBAL CREDIT MASTER FUND, LP AS LENDERCredit Agreement • February 23rd, 2011 • TouchIT Technologies, Inc. • Services-prepackaged software • Florida
This CREDIT AGREEMENT (this "Agreement"), dated as of November 30, 2010 (the "Effective Date"), is executed by and among TOUCHIT TECHNOLOGIES, INC., a Nevada corporation ("Borrower") ANDREW BRABIN, an individual, RECEP TANISMAN, an individual (each a "Guarantor" and collectively the "Guarantors" and together with Borrower, the "Credit Parties") and TCA GLOBAL CREDIT MASTER FUND, LP ("Lender").
