BRIDGE LOAN AGREEMENTBridge Loan Agreement • August 1st, 2007 • Rim Semiconductor CO • Services-motion picture theaters • Delaware
THIS BRIDGE LOAN AGREEMENT, dated as of July 26, 2007, is entered into by and between RIM SEMICONDUCTOR COMPANY, a Utah corporation with headquarters located at 305 NE 102nd Ave., Suite 105, Portland, OR 97220 (the “Company”), and each individual or entity named on an executed counterpart of the signature page hereto (each such signatory is referred to as a “Lender”) (each agreement with a Lender being deemed a separate and independent agreement between the Company and such Lender, except that each Lender acknowledges and consents to the rights granted to each other Lender [each, an “Other Lender”] under such agreement and the Transaction Agreements, as defined below, referred to therein).
FORM OF NOTERim Semiconductor CO • August 1st, 2007 • Services-motion picture theaters • Delaware
THIS NOTE is one of a duly authorized issue of up to $1,100,000 of RIM SEMICONDUCTOR COMPANY, a corporation organized and existing under the laws of the State of Utah (the "Company"), designated as its Senior Secured Promissory Note Series 07-02.
SECURITY INTEREST AGREEMENTSecurity Interest Agreement • August 1st, 2007 • Rim Semiconductor CO • Services-motion picture theaters • Delaware
SECURITY INTEREST AGREEMENT ("Security Interest Agreement"), dated as of July 26, 2007, by and among the persons set forth on Schedule 1 (each a “Secured Party” and collectively, the “Secured Parties”), RIM SEMICONDUCTOR COMPANY, a Utah corporation with headquarters located at 305 NE 102nd Ave., Suite 105, Portland, OR 97220 (the “Company” or the “Debtor”), and KRIEGER & PRAGER, LLP, as agent for the Secured Parties (the “Agent”).
