LOAN AND SECURITY AGREEMENT BY AND BETWEEN PALM, INC. AND SILICON VALLEY BANK AUGUST 28, 2003Loan and Security Agreement • October 14th, 2003 • Palm Inc • Computer terminals
THIS LOAN AND SECURITY AGREEMENT, dated as of August 28, 2003, is by and between SILICON VALLEY BANK (“Bank”), whose address is 3003 Tasman Drive, Santa Clara, California, 95054, and PALM, INC. (“Borrower”), whose address is 400 North McCarthy Blvd., Milpitas, California, 94035, and provides the terms on which Bank will lend to Borrower and Borrower will repay Bank. The parties hereto agree as follows:
September 18, 2003 Ms. Marianne Jackson Dear Marianne:Palm Inc • October 14th, 2003 • Computer terminals
This will confirm our agreement concerning the termination of your employment with Palm, Inc. (referred to in this letter as “Palm” or the “Company”).
