SECURITY AGREEMENTSecurity Agreement • April 29th, 2002 • Neomagic Corp • Semiconductors & related devices • California
This SECURITY AGREEMENT, dated as of September 1, 2001 (the “Agreement”), is executed by Stephen T. Lanza (“Debtor”), in favor of NeoMagic Corporation, a Delaware corporation (“Secured Party”).
Sanjay Adkar Dear Sanjay:Neomagic Corp • April 29th, 2002 • Semiconductors & related devices
The purpose of this letter is to set forth the terms upon which NeoMagic Corporation will loan the sum of $600,000.00 (Six Hundred Thousand Dollars) on July 1, 2000 and the sum of $600,000.00 (Six Hundred Thousand Dollars) on July 1, 2001 to you and the terms, conditions, repayment and security with respect to this loan are as follows:
