0000950134-09-010147 Sample Contracts

LOAN AND SECURITY AGREEMENT dated as of January 7, 2009 between ENERGY RECOVERY, INC., a Delaware corporation, as Borrower, and CITIBANK, N.A., as Lender
Loan and Security Agreement • May 8th, 2009 • Energy Recovery, Inc. • Special industry machinery, nec • California

This LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of January 7, 2009 between Citibank, N.A. (“Lender”), and Energy Recovery, Inc., a Delaware corporation (“Borrower”), provides the terms on which Lender shall lend to Borrower and Borrower shall repay Lender. The parties agree as follows:

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PLEDGE AND SECURITY AGREEMENT
Pledge and Security Agreement • May 8th, 2009 • Energy Recovery, Inc. • Special industry machinery, nec • California

THIS PLEDGE AND SECURITY AGREEMENT (“Agreement”) is made as of February 17, 2009, by the undersigned (“Pledgor”) in favor of Comerica Bank (“Bank”).

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