FINANCING AND SECURITY AGREEMENTFinancing and Security Agreement • February 13th, 2019 • Sito Mobile, Ltd. • Services-business services, nec
Contract Type FiledFebruary 13th, 2019 Company IndustryThis Financing and Security Agreement (“Agreement”) is made and entered into on February 11, 2019 by and among SITO MOBILE, LTD. (“Administrative Seller”), SITO MOBILE SOLUTIONS, INC. (“Sito Mobile Solutions”), SITO MOBILE MEDIA, INC. (“Sito Mobile Media”), DOUBLEVISION NETWORKS, INC. (“Doublevision”), and SITO MOBILE R&D IP, LLC (“Sito R&D”, and together with Administrative Seller, Sito Mobile Solutions, Sito Mobile Media, and Doublevision on a joint and several basis, each and collectively a “Seller”, and any reference to “Seller” hereunder shall be deemed a reference to each of the foregoing Sellers), and Fast Pay Partners LLC (“Purchaser”). Seller has agreed to sell and Purchaser has agreed to purchase Accounts for which Purchaser will make Advances of the Purchase Price. Purchaser is agreeable to providing this facility, provided that Seller agrees to the provisions of this Agreement. Each Seller and Purchaser are individually referred to as a “Party” or collectively as the “Parti