DEBTOR-IN-POSSESSION LOAN AND SECURITY AGREEMENT by and between GEMCAP LENDING I, LLC, as Lender and VALENCE TECHNOLOGY, INC., as BorrowerLoan and Security Agreement • September 21st, 2012 • Valence Technology Inc • Miscellaneous electrical machinery, equipment & supplies • California
Contract Type FiledSeptember 21st, 2012 Company Industry JurisdictionDEBTOR-IN-POSSESSION LOAN AND SECURITY AGREEMENT, dated as of September 13, 2012, by and between VALENCE TRECHNOLOGY, INC., a Delaware corporation and a debtor-in-possession with its principal place of business at 12303 Technology Boulevard, Suite 950, Austin, TX 78727 (“Borrower”) and GEMCAP LENDING I, LLC, a Delaware limited liability company with offices at 24955 Pacific Coast Highway, Suite A202, Malibu, CA 90265 (together with its successors and assigns, the “Lender”).