LOAN AND SECURITY AGREEMENTLoan and Security Agreement • September 2nd, 2009 • Pacific Biometrics Inc • Services-commercial physical & biological research • Washington
THIS LOAN AND SECURITY AGREEMENT (the “Agreement”) is entered into as of September 1, 2009 (the “Closing Date”) by and between TERRY M. GILES, an individual residing in the State of Texas (“Lender”), and PACIFIC BIOMETRICS, INC., a Delaware corporation with its principal place of business at 220 West Harrison Street, Seattle, Washington 98119 (“Borrower”).
SUBSIDIARY GUARANTYSubsidiary Guaranty • September 2nd, 2009 • Pacific Biometrics Inc • Services-commercial physical & biological research • Washington
THIS SUBSIDIARY GUARANTY is made and entered into as September 1, 2009, by each of Pacific Biometrics, Inc., a Washington corporation, Pacific Biomarkers, Inc., a Washington corporation, PBI Technology, Inc., a Washington corporation, and BioQuant, Inc., a Michigan corporation (each, a “Guarantor” and collectively, the “Guarantors”), to and for the benefit of Terry M. Giles, an individual residing in the State of Texas (“Lender”).
STOCK REDEMPTION AGREEMENTStock Redemption Agreement • September 2nd, 2009 • Pacific Biometrics Inc • Services-commercial physical & biological research • Washington
This Stock Redemption Agreement (the “Agreement”) is made as of September 1, 2009 (the “Effective Date”), by and between Pacific Biometrics, Inc., a Delaware corporation (the “Company”), and Terry M. Giles, an individual residing in the State of Texas (“Seller”).
