LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 12th, 2020 • Flux Power Holdings, Inc. • Miscellaneous electrical machinery, equipment & supplies • Nevada
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of November 9, 2020 (the “Effective Date”) by and among (i) SILICON VALLEY BANK, a California corporation (“Bank”), (ii) FLUX POWER, INC., a California corporation (“Flux”), and (iii) FLUX POWER HOLDINGS, INC., a Nevada corporation (“Holdings”, and together with Flux, individually and collectively, jointly and severally, the “Borrower”) provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
INTELLECTUAL PROPERTY SECURITY AGREEMENTIntellectual Property Security Agreement • November 12th, 2020 • Flux Power Holdings, Inc. • Miscellaneous electrical machinery, equipment & supplies • California
This Intellectual Property Security Agreement (this “Agreement”) is entered into as of November 9, 2020, by and among (i) SILICON VALLEY BANK, a California corporation with a loan production office located at 1200 17th Street, Suite 1600, Denver, Colorado 80202 (“Bank”), (ii) FLUX POWER, INC., a California corporation with officers located at 2685 South Melrose Drive, Vista, California 92081 (“Flux”), and (iii) FLUX POWER HOLDINGS, INC., a Nevada corporation (“Holdings”, and together with Flux, individually and collectively, jointly and severally, the “Grantor”).
