AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT AMONGLoan and Security Agreement • April 9th, 2007 • Workstream Inc • Services-business services, nec • Illinois
THIS AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (as amended, restated, amended and restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”) is entered into by and among WORKSTREAM USA, INC., a Delaware corporation (“Workstream USA”), PAULA ALLEN HOLDINGS, INC., a Florida corporation (“Paula Allen Holdings”), THE OMNI PARTNERS, INC., a Florida corporation (“Omni Partners”), and 6FIGUREJOBS.COM, INC., a Delaware corporation (“6FigureJobs.com”) (Workstream USA, Paula Allen Holdings, Omni Partners and 6FigureJobs.com are collectively referred to herein as the “Borrowers” and individually as a “Borrower”), WORKSTREAM INC., a corporation existing pursuant to the Canada Business Corporations Act (“Workstream”), and HILCO FINANCIAL, LLC, a Delaware limited liability company (the “Lender”).
