REVOLVING CREDIT LOAN AND SECURITY AGREEMENTRevolving Credit Loan and Security Agreement • August 14th, 2012 • Westmountain Index Advisor Inc • Investors, nec • Colorado
This REVOLVING CREDIT LOAN And SECURITY Agreement (“Agreement”) is made as of August 8, 2012 (the “Effective Date”) by and between WestMountain Index Advisor, Inc., a Colorado corporation (the “Company”), and BOCO Investments, LLC, a Colorado limited liability company (“Lender”).
WARRANT TO PURCHASE STOCKWestmountain Index Advisor Inc • August 14th, 2012 • Investors, nec • Colorado
This Warrant to Purchase Stock (“Warrant”) Certifies That, for value received, BOCO INVESTMENTS, LLC, a Colorado limited liability company whose address is 262 E. Mountain Avenue, Fort Collins, CO 80524, or its assigns (the “Holder”), is entitled to subscribe for and purchase at the Exercise Price (defined below) from WestMountain Index Advisor, Inc., a Colorado corporation with its principal office at 2186 S. Holly Street, Suite 104, Denver, CO 80222 (the “Company”), Exercise Shares (as defined below). Notwithstanding anything to the contrary set forth herein, the number of Exercise Shares set forth herein shall be decreased by one (1) Exercise Share for every Two Dollars ($2.00) in principal timely paid pursuant to and in accordance with all maturity dates and requirements of that certain Secured Convertible Promissory Note (the “Note”) in the maximum principal amount of $1,831,538.00 issued by the Company to Holder on or about the date hereof.
