AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • April 2nd, 2019 • BK Technologies Corp • Radio & tv broadcasting & communications equipment • Nevada
THIS AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of March 28, 2019 (the “Effective Date”), to be effective as of December 26, 2018, by and among SILICON VALLEY BANK, a California corporation (“Bank”), and BK TECHNOLOGIES, INC. (f/k/a RELM Wireless Corporation), a Nevada corporation (“BK Technologies”) and RELM COMMUNICATIONS, INC., a Florida corporation (“Relm Communications” and, together with BK Technologies, individually and collectively, jointly and severally, “Borrower”), whose address is 7100 Technology Drive, West Melbourne, Florida 32904, provides the terms on which Bank shall lend to Borrowers and Borrowers shall repay Bank. The parties agree as follows:
