LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 7th, 2005 • Pacific Biometrics Inc • Services-commercial physical & biological research
This Loan and Security Agreement (this “Agreement”) is entered into as of this 3rd day of November, 2005 by and between Franklin Funding, Inc., a Utah corporation with its principal place of business at 6914 South 3000 East #203, Salt Lake City, Utah 84121 (“Lender”), and Pacific Biometrics, Inc., a Washington corporation with its principal place of business at 220 West Harrison Street, Seattle, WA 98119 (“Borrower”). The parties agree as follows:
