LOAN AGREEMENT March 10, 2005Loan Agreement • May 11th, 2005 • Staktek Holdings Inc • Semiconductors & related devices • Texas
This Loan Agreement (the “Loan Agreement”) will serve to set forth the terms of the financing transactions by and between Staktek Holdings, Inc., a Delaware corporation (“Borrower”), and Guaranty Bank (“Bank”). Terms used herein and not otherwise defined are used with the meanings given such terms in Exhibit A attached.
REVOLVING PROMISSORY NOTERevolving Promissory Note • May 11th, 2005 • Staktek Holdings Inc • Semiconductors & related devices • Texas
This Revolving Promissory Note (the “Note”) is executed pursuant to that certain Loan Agreement (as amended, modified, restated or replaced from time to time, the “Loan Agreement”) dated March 10, 2005, by and between Staktek Holdings, Inc., a Delaware corporation (the “Borrower”) and Guaranty Bank (the “Bank”). Advances to be made hereunder by Bank shall be made in reliance upon each and all of the terms, conditions, representations, warranties, covenants and agreements of the Loan Agreement. In no event will Bank have any obligation to advance any proceeds of this Note unless Borrower fully satisfies all conditions thereto set forth in the Loan Agreement.
GUARANTY AGREEMENTGuaranty Agreement • May 11th, 2005 • Staktek Holdings Inc • Semiconductors & related devices • Texas
This Guaranty Agreement is entered into as of March 10, 2005, by Staktek Group L.P., a Texas limited partnership (hereinafter referred to as the “Guarantor”) in favor of Guaranty Bank (hereinafter referred to as the “Lender”).
