MORTGAGE AND SECURITY AGREEMENTMortgage and Security Agreement • February 12th, 2016 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment
THIS MORTGAGE AND SECURITY AGREEMENT is dated as of the 11th day of February 2016 (the “Mortgage”) by and between BLONDER TONGUE LABORATORIES, INC., a Delaware corporation (“Mortgagor”), with its place of business at One Jake Brown Road, Old Bridge, New Jersey and ROBERT J. PALLÉ AND CAROL M. PALLÉ, jointly and severally (the “Mortgagee”).
SENIOR SUBORDINATED CONVERTIBLE LOAN AND SECURITY AGREEMENTSenior Subordinated Convertible Loan and Security Agreement • February 12th, 2016 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment • Delaware
THIS SENIOR SUBORDINATED CONVERTIBLE LOAN AND SECURITY AGREEMENT (this “Agreement”) is made and entered into as of the 11th day of February, 2016 by and between Blonder Tongue Laboratories, Inc., a Delaware corporation (the “Company”), R.L. Drake Holdings, LLC, a Delaware limited liability company and wholly-owned subsidiary of the Company (“Drake” and, collectively with the Company, “Borrower”), and Robert J. Pallé and Carol M. Pallé, jointly and severally (collectively, “Lender”).
SUBORDINATION AGREEMENTSubordination Agreement • February 12th, 2016 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment • New Jersey
THIS SUBORDINATION AGREEMENT dated February 11th, 2016, is made and executed among Blonder Tongue Laboratories, Inc., One Jake Brown Road, Old Bridge, NJ 08857 (the “Company”) and R. L. Drake Holdings, L.L.C., One Jake Brown Road, Old Bridge, NJ 08857 (“Drake”; and together with the Company, collectively, jointly and severally, “Borrower”); Robert J. Pallé, and Carol Pallé, jointly, 21 Desai Court, Freehold NJ 07728 (“Creditor”); and Santander Bank, N.A. (f/k/a Sovereign Bank, N.A.), MAIL CODE PA1-106-RM1, 3 Terry Drive, Newtown, PA 18940 (“Lender”).
