Platinum-Montaur Life Sciences, LLCTerm Loan Agreement • August 14th, 2012 • Echo Therapeutics, Inc. • Electromedical & electrotherapeutic apparatus
Platinum-Montaur Life Sciences, LLC (hereinafter called the “Lender”) is pleased to provide this commitment for a term loan facility (the “Term Loan Facility”) to Echo Therapeutics, Inc. (the “Borrower”) on the terms and conditions set forth herein. This letter is a summary and is not intended to be all inclusive. Additional provisions that are standard to transactions of this size and type can be expected to be included in the loan and financing documents prepared by the Lender and its counsel for this transaction.
