LOAN AND INDEMNITY AGREEMENT (this “Loan Agreement”)Loan and Indemnity Agreement • June 24th, 2010 • SMART Technologies Inc. • Alberta
Contract Type FiledJune 24th, 2010 Company JurisdictionWHEREAS SMART Bricks and Mortar Inc. (the “Borrower”) is or will become indebted to Royal Bank of Canada (“Royal”) in the principal amount of up to $52,000,000 (the “Royal Construction Loan”) in respect of a loan obtained or to be obtained by the Borrower pursuant to a credit agreement dated as of May 9, 2008 (the “Royal Credit Agreement”) between the Borrower, Royal and RBC Capital Markets (the “Arranger”) for the purposes of constructing the Project;