SECURITY AGREEMENT (All Assets)Security Agreement • November 26th, 2021 • Stran & Company, Inc. • Services-advertising agencies
This SECURITY AGREEMENT, dated as of November 22, 2021, is made by Stran & Company, Inc., a Nevada corporation duly qualified as a foreign corporation in the Commonwealth of Massachusetts with a principal business address of 2 Heritage Drive, Quincy, Massachusetts between (hereinafter the “Company”), in favor of Salem Five Cents Savings Bank, a Massachusetts savings bank having a usual place of business at 210 Essex Street, Salem, Massachusetts 01970 (hereinafter, the “Lender”).
REVOLVING DEMAND LINE OF CREDIT LOAN AGREEMENTCredit Loan Agreement • November 26th, 2021 • Stran & Company, Inc. • Services-advertising agencies
This Loan Agreement is entered into as of the 22nd day of November, 2021, by and among, Stran & Company, Inc. a Nevada corporation duly qualified as a foreign corporation in the Commonwealth of Massachusetts with a principal business address of 2 Heritage Drive, Quincy, Massachusetts (the “Borrower”) and Salem Five Cents Savings Bank, a Massachusetts savings bank having a usual place of business at 210 Essex Street, Salem, Massachusetts 01970 (the “Lender” or “Bank”).
