Loan and Security AgreementLoan and Security Agreement • June 30th, 2008 • Ivi Communications Inc • Telephone communications (no radiotelephone) • Texas
This Loan and Security Agreement (as it may be amended, this "Agreement") is entered into on June , 2008 by and between IVI Communications, Inc., a Nevada corporation (the "Borrower"), whose principal office is located at 555 H Street, Suite H, Eureka, CA 95501 ("Borrower’s Address"), and Titan Global Holdings, Inc., a Utah corporation, whose principal office is located at 1700 Jay Ell Drive, Suite 200, Richardson, Texas 75081 (the “Lender”). The Schedules to this Agreement are an integral part of this Agreement and are incorporated herein by reference. Terms used, but not defined elsewhere, in this Agreement are defined in Schedule A.
