LOAN AND SECURITY AGREEMENTLoan and Security Agreement • May 8th, 2013 • Lyris, Inc. • Services-prepackaged software • Nevada
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of May 6, 2013 (the “Effective Date”) between (i) SILICON VALLEY BANK, a California corporation with a loan production office located at 555 Mission Street, Suite 900, San Francisco, California 94105 (“Bank”), and (ii) LYRIS, INC., a Delaware corporation with a principal place of business located at 6401 Hollis Street, Suite 125, Emeryville, California 94608 (“Lyris”), LYRIS TECHNOLOGIES, INC., a Delaware corporation (“Technologies”) and COMMODORE RESOURCES (NEVADA), INC., a Nevada corporation (“Commodore”, and together with Lyris and Technologies, individually and collectively, jointly and severally, the “Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
