INTELLECTUAL PROPERTY SECURITY AGREEMENTIntellectual Property Security Agreement • April 13th, 2012 • Zoom Telephonics, Inc. • Telephone & telegraph apparatus
LOAN AND SECURITY AGREEMENTLoan and Security Agreement • April 13th, 2012 • Zoom Telephonics, Inc. • Telephone & telegraph apparatus • Delaware
ACCOUNTS RECEIVABLE 1. Accounts Receivable (invoiced) Book Value as of ____________________ $_______________ 2. Additions (please explain on next page) $_______________ 3. Less: Intercompany / Employee / Non-Trade Accounts 4. NET TRADE ACCOUNTS RECEIVABLE $_______________ $_______________ ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication) 5. Affiliate/Intercompany/Employee Accounts $_______________ 6. 90 Days Past Invoice Date $_______________ 7. Foreign Account Debtors (non-U.S. and non-Canada) $_______________ 8. Accounts billed and/or payable outside the United States $_______________ 9. Contra/Customer Deposit Accounts $_______________ 10 U.S. Government Accounts w/o assignment of claims and approval by Bank $_______________ 11. Promotion or Demo Accounts; Guaranteed Sale or Consignment Sale Accounts $_______________ 12. Accounts with Memo or Pre-Billings 13. Contract Accounts; Accounts with Progress/Milestone Billings $_______________ $_______________ 14. Accounts for Retainage
