Loan and SECURITY AGREEMENT BETWEENLoan and Security Agreement • September 8th, 2014 • MamaMancini's Holdings, Inc. • Sausages & other prepared meat products • New York
This LOAN AND SECURITY AGREEMENT (“Agreement”) dated on or about September _____, 2014, between MAMAMANCINI’S, INC., a Delaware corporation having its principal place of business at 25 Branca Road, East Rutherford, NJ 07073 (“Borrower”), and ENTREPRENEUR GROWTH CAPITAL, LLC, a Delaware limited liability company, having a principal office at 505 Park Avenue, 6th Floor, New York, NY 10022 (hereinafter called “Lender”). This Agreement sets forth the terms and conditions upon which Lender may, in its sole and absolute discretion, make loans, advances and other financial accommodations to or for the benefit of Borrower upon the security referred to herein.
