Merchant Receivables Purchase and Security Agreement THIS RECEIVABLES PURCHASE AND SECURITY AGREEMENT (the “Agreement”) is made effective as of: December __, 2020 BY AND BETWEEN: CHANGE CAPITAL HOLDINGS I, LLC (a Delaware limited liability company)...Merchant Receivables Purchase and Security Agreement • May 8th, 2020 • Recruiter.com Group, Inc. • Services-computer programming services • Delaware
WHEREAS, Merchant wishes to sell, assign and transfer, without recourse (except to the extent provided herein), and Company wishes to purchase, for the purchase price set out below (“Purchase Price”), Merchant’s entire right, title and interest in a percentage specified herein of each of Merchant’s future receivables (“Future Receivables”) owed to Merchant until the amount specified below, which amount includes fees due at signing as set forth in Appendix A – Fee Schedule attached hereto (“Specified Amount”) has been paid to the Company (“Purchased Receivables”) at the draw rate (“Draw Rate”) specified below:
