DE LAGE LANDEN FINANCIAL SERVICES, INC. LOAN AND SECURITY AGREEMENT (Revolving Credit Loan and Floorplan Loan) EMTEC INC. (Delaware Corporation) EMTEC INC. (New Jersey Corporation) EMTEC VIASUB LLC (Delaware Limited Liability Company) WESTWOOD...Loan and Security Agreement • December 13th, 2006 • Emtec Inc/Nj • Services-business services, nec • Delaware
THIS LOAN AND SECURITY AGREEMENT (collectively with the Schedule to Loan and Security Agreement (the “Schedule”) attached hereto, the “Agreement”) dated the date set forth on the cover page, is entered into by and between EMTEC INC. (a Delaware corporation), EMTEC INC. (a New Jersey corporation), EMTEC VIASUB LLC (a Delaware limited liability company), and WESTWOOD COMPUTER CORPORATION (a New Jersey corporation) (jointly and severally, if more than one, the “Borrower”), whose address is set forth on the cover page and DE LAGE LANDEN FINANCIAL SERVICES, INC. (“DLL”), whose address is 1111 Old Eagle School Road, Wayne, PA 19087.
