SIXTH AMENDMENT TO FOURTH AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • March 8th, 2024 • Vse Corp • Services-engineering services • New York
THIS FOURTH AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT is executed as of January 5, 2018, and is by and among (a) CITIZENS BANK, NATIONAL ASSOCIATION (AS SUCCESSOR BY MERGER TO CITIZENS BANK OF PENNSYLVANIA, a Pennsylvania state chartered bank), together with its successors and assigns (“Citizens Bank”), acting in the capacity of Lender, Swing Line Lender, and as Administrative Agent for the Lenders; (b) certain other “Lender” parties to this Fourth Amended and Restated Business Loan and Security Agreement from time to time; and (c) VSE CORPORATION, a Delaware corporation, and certain other “Borrower” parties to this Fourth Amended and Restated Business Loan and Security Agreement from time to time.
RECITALS -------- A. The Lender has made a revolving line of credit in the current maximum principal amount of Twenty-Five Million Dollars ($25,000,000), jointly and severally, to the Borrowers (the "Loan") pursuant to that certain Business Loan and...Business Loan and Security Agreement • March 3rd, 2009 • Vse Corp • Services-engineering services • Virginia
AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT dated as of October 5, 2005 by and among ICF CONSULTING GROUP HOLDINGS, INC. and ICF CONSULTING GROUP, INC. and other “Borrower” parties hereto from time to time, as Borrowers, CITIZENS BANK OF...Business Loan and Security Agreement • September 12th, 2006 • ICF International, Inc. • Services-management consulting services • Virginia
THIS AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT is executed as of October 5th, 2005, and is by and among (i) CITIZENS BANK OF PENNSYLVANIA, a Pennsylvania state chartered bank (“Citizens Bank”), acting in the capacity of Lender, Swing Line Lender and as Agent for the Lenders; (ii) CHEVY CHASE BANK, F.S.B., a federal savings bank (“Chevy Chase Bank”), PNC BANK, NATIONAL ASSOCIATION, as successor-in-interest to Riggs Bank, N.A., a national banking association (“PNC Bank”), COMMERCE BANK, N.A., a national banking association (“Commerce Bank”), and other “Lender” parties to this Amended and Restated Business Loan and Security Agreement from time to time; (iii) ICF CONSULTING GROUP, INC., a Delaware corporation, ICF CONSULTING GROUP HOLDINGS, INC., a Delaware corporation, ICF CONSULTING LIMITED, a private limited company organized under the laws of England and Wales, COMMENTWORKS.COM COMPANY, L.L.C., a Delaware limited liability company, THE K.S. CRUMP GROUP, L.L.C., a Delawa
AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • March 15th, 2024 • Biofrontera Inc. • Pharmaceutical preparations • Virginia
THIS AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT (as the same may be amended, restated, modified, or supplemented from time to time, this “Agreement”) dated as of December 21, 2023 (the “Effective Date”) among Agile Capital Funding, LLC as collateral agent (in such capacity, together with its successors and assigns in such capacity, “Collateral Agent”), and Agile Lending, LLC, a Virginia limited liability company (“Lead Lender”) and each assignee that becomes a party to this Agreement pursuant to Section 12.1 (each individually with the Lead Lender, a “Lender” and collectively with the Lead Lender, the “Lenders”), and BIOFRONTERA INC. (“BFRIW” or “Parent”), a Domestic Delaware Corporation, and the other entities that are joined hereto from time to time as a Borrower, individually and collectively, jointly and severally, (“Borrower”), and provides the terms on which the Lenders shall lend to Borrower and Borrower shall repay the Lenders the loans described herein. This Agr
BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • July 8th, 2009 • Steelcloud Inc • Electronic computers • Virginia
THIS BUSINESS LOAN AND SECURITY AGREEMENT (this "Agreement") is made and entered into effective for all purposes as of the 1st day of July, 2009, by and between (a) CALEDONIA CAPITAL CORPORATION, a Delaware corporation ("Lender"), having an address at 19441 Golf Vista Plaza, Suite 360, Leesburg, VA 20176; and (b) STEELCLOUD, INC., a Virginia corporation (the "Borrower"), having an address at 13962 Park Center Road, Herndon, VA 20171.
FIRST AMENDMENT TO BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • April 24th, 2007 • Iridex Corp • Electromedical & electrotherapeutic apparatus
This First Amendment (“First Amendment”) dated as of April 19, 2007, for reference purposes, is made to the BUSINESS LOAN AND SECURITY AGREEMENT (the “Domestic Agreement”) entered into as of January 16, 2007, by and between Mid-Peninsula Bank, part of Greater Bay Bank N.A. (“Bank”) and Iridex Corporation (“Borrower”), combining two credit facilities provided by Bank to Borrower, with one facility being a $6,000,000 principal amount asset-based revolving line of credit (“Line of Credit”) and the other facility being a $6,000,000 principal amount term loan (“Term Loan”).
SECOND MODIFICATION TO BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • November 15th, 2002 • Mantech International Corp • Services-management services
THIS SECOND MODIFICATION TO BUSINESS LOAN AND SECURITY AGREEMENT (this “Modification”) is made as of the 9th day of July, 2002, by and among (i) CITIZENS BANK OF PENNSYLVANIA, a Pennsylvania state chartered bank (“Citizens Bank”), acting in its capacity as a Lender, Swing Line Lender and as the Administrative Agent for the Lenders (hereinafter defined), having offices at 8521 Leesburg Pike, Suite 405, Vienna, Virginia 22182; (ii) PNC BANK, NATIONAL ASSOCIATION, a national banking association (“PNC”), acting in its capacity of Lender and as the Documentation Agent for the Lenders, having offices at One PNC Plaza, 6th Floor, 249 Fifth Avenue, Pittsburgh, Pennsylvania 15222; (iii) BRANCH BANKING AND TRUST COMPANY OF VIRGINIA, a Virginia banking corporation (“BB&T”), having offices at 8200 Greensboro Drive, Suite 250, McLean, Virginia 22102, (iv) CHEVY CHASE BANK, F.S.B., a federal savings bank (“Chevy Chase”) having offices at 7501 Wisconsin Avenue, 12th Floor, Bethesda, Maryland 20814, (
SECOND AMENDMENT TO AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • July 30th, 2007 • Syntax-Brillian Corp • Radio & tv broadcasting & communications equipment • California
This Second Amendment to Amended and Restated Business Loan and Security Agreement (the “Second Amendment” or “Amendment”) is made as of July 26, 2007, between PREFERRED BANK, a California banking corporation (“Lender”), and SYNTAX-BRILLIAN CORPORATION, a Delaware corporation (“SBC”), SYNTAX GROUPS CORPORATION, a California corporation (“SGC”) and SYNTAX CORPORATION, a Nevada corporation, formerly known as Syntax Groups Nevada, Inc. (“SC”) (SBC, SGC and SC are individually and collectively referred to herein as the “Borrower”).
BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • August 28th, 2019 • Kentucky
day of , 2019 (the “Effective Date”), by and between HANDZY LTD. CO., a Kentucky limited liability company with a principal office of 15 W. Pike Street, Covington, Kentucky (hereinafter referred to as the "Business"), and the CITY OF COVINGTON, KY (hereinafter referred to as the "City").
BUSINESS LOAN AND SECURITY AGREEMENT Dated As of JUNE 8, 2001 Among COMMUNITY BANKSHARES, INC., EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST,Business Loan and Security Agreement • April 1st, 2002 • Community Bankshares Inc /Ga/ • State commercial banks • Georgia
THIS BUSINESS LOAN AND SECURITY AGREEMENT, dated as of June 8, 2001, by and among COMMUNITY BANKSHARES, INC., a Georgia corporation (together with its successors, the “Borrower”), COMMUNITY BANKSHARES, INC. Employee Stock Ownership Plan and Trust (the “Trust”), a Trust created and existing under that certain Employee Stock Ownership Plan and Trust Agreement dated as of December 29, 1995, and effective as of January 1, 1995 (as the same may be amended, supplemented, restated or otherwise modified and in effect from time to time, the “Trust Agreement”), between the Borrower and Steve Adams, J. Alton Wingate and Elton Collins, collectively as trustee (together with any successor trustees under the Trust Agreement, and forming a part of the COMMUNITY BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN (the “ESOP”), and SUNTRUST BANK, a Georgia banking corporation (together with endorsees, successors and assigns, the “Bank”).
RECITALSBusiness Loan and Security Agreement • December 28th, 2006 • Syntax-Brillian Corp • Radio & tv broadcasting & communications equipment • California
FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • December 2nd, 2019 • Vse Corp • Services-engineering services • Virginia
THIS FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT (this “First Amendment”), dated as of November 26, 2019, by and among VSE Corporation, a Delaware corporation (“VSE”; and together with each other Borrower party hereto, collectively, the “Borrowers”), Citizens Bank, N.A., as administrative agent (as successor by merger to Citizens Bank of Pennsylvania) (in such capacity, the “Administrative Agent”) for itself in its individual capacity as a lender and for the existing Lenders, certain of the Existing Lenders, the lenders signatory hereto providing the First Amendment Term Loans (including each New Lender (as defined below), collectively the “First Amendment Term Loan Lenders”) and the lenders signatory hereto providing the First Amendment Revolving Loans, (the “First Amendment Revolving Loan Lenders”; together with the First Amendment Term Loan Lenders, the “First Amendment Lenders”).
BUSINESS LOAN AND SECURITY AGREEMENT (REVOLVING LINE OF CREDIT)Business Loan and Security Agreement • May 19th, 2021 • Iron Bridge Mortgage Fund, LLC • Real estate • Oregon
This Business Loan and Security Agreement (Revolving Line of Credit) (this “Agreement”) is made as of May 7, 2021, by and between IRON BRIDGE MORTGAGE FUND, LLC, an Oregon limited liability company (the “Borrower”), on the one hand, and UMPQUA BANK, an Oregon state-chartered bank (“Lender”), on the other hand:
BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • February 21st, 2006 • Syntax-Brillian Corp • Radio & tv broadcasting & communications equipment • California
THIS BUSINESS LOAN AND SECURITY AGREEMENT (this “Agreement”), dated as of September 28, 2005, is entered into between PREFERRED BANK, a California banking corporation (“Lender”), and SYNTAX GROUPS CORPORATION, a California corporation (“SGC”) and SYNTAX CORPORATION, a Nevada corporation, formerly known as Syntax Groups Nevada, Inc. (“SC,” SGC and SC are individually and collectively the “Borrower”).
BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • January 23rd, 2017 • Panther Biotechnology, Inc. • Services-engineering, accounting, research, management • Utah
This Business Loan and Security Agreement (this "Agreement") dated July 14, 2014 is between American Express Bank, FSB ("Lender") and the borrower listed below ("Borrower").
THIRD AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT dated as of March 14, 2012 by and among ICF INTERNATIONAL, INC., ICF CONSULTING GROUP, INC. and other “Borrower” parties hereto from time to time, as Borrowers, CITIZENS BANK OF...Business Loan and Security Agreement • March 19th, 2012 • ICF International, Inc. • Services-management consulting services • Virginia
THIS THIRD AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT is executed as of March 14, 2012, and is by and among (i) CITIZENS BANK OF PENNSYLVANIA, a Pennsylvania state chartered bank, acting in the capacity of a Lender, the Swing Line Lender and as the Administrative Agent for the Lenders; (ii) certain other “Lender” parties to this Third Amended and Restated Business Loan and Security Agreement from time to time; (iii) ICF INTERNATIONAL, INC., a Delaware corporation, ICF CONSULTING GROUP, INC., a Delaware corporation and certain other “Borrower” parties to this Third Amended and Restated Business Loan and Security Agreement from time to time; and (iv) RBS CITIZENS, N.A. and PNC CAPITAL MARKETS LLC, acting in the capacity of joint lead arrangers and joint book running managers.
FOURTH AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT dated as of May 16, 2014 by and among ICF INTERNATIONAL, INC., ICF CONSULTING GROUP, INC. and other CITIZENS BANK OF PENNSYLVANIA, and certain other "Lender" parties hereto from time to...Business Loan and Security Agreement • May 21st, 2014 • ICF International, Inc. • Services-management consulting services • Virginia
AMENDMENT TO BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • March 2nd, 2015 • Brooklyn Cheesecake & Desert Com • Sanitary services • Missouri
This Amendment is incorporated into the Business Loan and Security Agreement (“BLSA”) entered into between Brooklyn Cheesecake and Desserts Co, Inc. (“Borrower”) and Lender. Pursuant to the BLSA, Lender loaned Borrower $250,000 and Borrower has agreed to repay Lender $322,500. The parties hereby agree to amend the BLSA as follows:
BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • April 21st, 2021 • Slinger Bag Inc. • Sporting & athletic goods, nec • Wyoming
This Business Loan and Security Agreement (this “Agreement”), is made effective as of 15 April 2021 (the “Effective Date”), by and between Slinger Bag Inc., a Nevada corporation having offices at 2709 North Rolling Road, Suite 138, Windsor Mill, MD 21244 (“Parent”), Slinger Bag Americas Inc., a Delaware corporation having offices at 2709 North Rolling Road, Suite 138, Windsor Mill, MD 21244 and wholly-owned subsidiary of the Parent (“Slinger Bag Americas”), Slinger Bag Canada, Inc., a Canadian company having offices at 2709 North Rolling Road, Suite 138, Windsor Mill, MD 21244 (“SBC”), Slinger Bag International (UK) Limited, an English company, company number 11923305, having registered offices at Annecy Court Ferry Works, Summer Road, Thames Ditton, Surrey, England, KT? 0QJ, a wholly-owned subsidiary of Slinger Bag Americas, and in the United States at 2709 North Rolling Road, Suite 138, Windsor Mill, MD 21244 (“SB UK”) and Slinger Bag Ltd., an Israeli company having offices at 2709 N
Business Loan and Security AgreementBusiness Loan and Security Agreement • June 8th, 2015 • Vapor Hub International Inc. • Cigarettes • California
This Business Loan and Security Agreement Supplement is part of (and incorporated by reference into) the Business Loan and Security Agreement. Borrower should keep this important legal document for Borrower's records.
BUSINESS LOAN AND SECURITY AGREEMENT BY AND BETWEEN COMDIAL CORPORATION AND [REDACTED] CORPORATION DATED: October 1, 2004Business Loan and Security Agreement • April 18th, 2005 • Comdial Corp • Telephone & telegraph apparatus • New York
THIS BUSINESS LOAN AND SECURITY AGREEMENT (“Agreement”) is made this 1st day of October, 2004 between COMDIAL CORPORATION, a Delaware corporation, maintaining an office at 106 Cattlemen Road, Sarasota, Florida 34232 (“Lender”) and [REDACTED], a [REDACTED] corporation, maintaining an office at [REDACTED] (“Borrower”), [REDACTED] and [REDACTED] (“[REDACTED]”), and [REDACTED] and [REDACTED] (“[REDACTED]”) (individually, and jointly, the “Sureties”).
BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • April 18th, 2022 • Applied Minerals, Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • Maryland
THIS BUSINESS LOAN AND SECURITY AGREEMENT (“Agreement”) is entered into between SMALL BUSINESS FINANCIAL SOLUTIONS, LLC, a Delaware limited liability company (“Lender”), and BORROWER as identified below (“Borrower”).
EXHIBIT 10-1 BUSINESS LOAN AND SECURITY AGREEMENT ------------------------------------ THIS BUSINESS LOAN AND SECURITY AGREEMENT (this "Agreement") is made this 26th day of August, 2009, by and among VSE CORPORATION, a corporation organized under the...Business Loan and Security Agreement • August 31st, 2009 • Vse Corp • Services-engineering services
SECOND AMENDMENT TO BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • February 21st, 2006 • Syntax-Brillian Corp • Radio & tv broadcasting & communications equipment
This Second Amendment to Business Loan and Security Agreement (the “Second Amendment” or “Amendment”) is made as of January 31, 2006, between PREFERRED BANK, a California banking corporation (“Lender”), SYNTAX GROUPS CORPORATION, a California corporation (“SGC”) and SYNTAX CORPORATION, a Nevada corporation, formerly known as Syntax Groups Nevada, Inc. (“SC”) (SGC and SC are sometimes referred to collectively as the “Borrowers” and individually as the “Borrower”).
BUSINESS LOAN AND SECURITY AGREEMENT dated as of May 4, 2004 by and among OPINION RESEARCH CORPORATION, ORC INC., MACRO INTERNATIONAL INC., ORC PROTEL, INC., SOCIAL AND HEALTH SERVICES, LTD., ORC HOLDINGS, LTD. and O.R.C. INTERNATIONAL LTD, as...Business Loan and Security Agreement • August 12th, 2004 • Opinion Research Corp • Services-engineering, accounting, research, management • Maryland
THIS BUSINESS LOAN AND SECURITY AGREEMENT is executed as of the day of May, 2004, and is by and among (i) Citizens Bank of Pennsylvania, a Pennsylvania state chartered bank (“Citizens Bank”), acting in the capacity of Lender, Swing Line Lender and as the Agent for the Lenders; (ii) First Horizon Bank, a division of First Tennessee Bank National Association, as Lender, (iii) other “Lender” parties to this Business Loan and Security Agreement from time to time; (iv) Opinion Research Corporation, a Delaware corporation, whose address is 600 College Road East, Suite 4100, Princeton, NJ 08540, ORC Inc., a Delaware corporation, whose address is 600 College Road East, Suite 4100, Princeton, NJ 08540, Macro International Inc., a Delaware corporation, whose address is 11785 Beltsville Drive, Calverton, MD 20705, ORC ProTel, Inc., a Delaware corporation, whose address is 17213 Continental Drive, Lansing, IL 60438, Social and Health Services, Ltd., a Maryland corporation, whose address is 11426 R
SECOND AMENDMENT TO FOURTH AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • July 31st, 2020 • Vse Corp • Services-engineering services • Virginia
THIS SECOND AMENDMENT TO FOURTH AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT (this “Second Amendment”), dated as of June 29, 2020, by and among VSE Corporation, a Delaware corporation (“VSE”; and together with each other Borrower party hereto, collectively, the “Borrowers”), the Consenting Lenders (as hereinafter defined) party hereto, and Citizens Bank, N.A., as administrative agent (as successor by merger to Citizens Bank of Pennsylvania) (in such capacity, the “Administrative Agent”) for the Lenders.
BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • January 22nd, 2007 • Iridex Corp • Electromedical & electrotherapeutic apparatus • California
THIS BUSINESS LOAN AND SECURITY AGREEMENT dated January 16, 2007, for reference purposes is made and executed between Iridex Corporation (“Borrower”), having its principal place of business and executive offices located at 1212 Terra Bella Avenue, Mountain View, CA 94043, and Mid-Peninsula Bank, part of Greater Bay Bank N.A. (“Lender”), with its Palo Alto office located at 420 Cowper Street, Palo Alto, CA 94301, on the following terms and conditions. Capitalized words and phrases used in the Agreement shall have the meanings set forth below under the caption Definitions or as otherwise defined in the Agreement.
SECOND AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT dated as of February 20, 2008 by and among ICF INTERNATIONAL, INC., ICF CONSULTING GROUP, INC. and other “Borrower” parties hereto from time to time, as Borrowers, CITIZENS BANK OF...Business Loan and Security Agreement • February 25th, 2008 • ICF International, Inc. • Services-management consulting services • Virginia
THIS SECOND AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT is executed as of February 20, 2008, and is by and among (i) CITIZENS BANK OF PENNSYLVANIA, a Pennsylvania state chartered bank, acting in the capacity of Lender, Swing Line Lender and as Administrative Agent for the Lenders; (ii) certain other “Lender” parties to this Second Amended and Restated Business Loan and Security Agreement from time to time; (iii) ICF INTERNATIONAL, INC., a Delaware corporation, ICF CONSULTING GROUP, INC., a Delaware corporation and certain other “Borrower” parties to this Second Amended and Restated Business Loan and Security Agreement from time to time; and (iv) RBS SECURITIES CORPORATION d/b/a RBS GREENWICH CAPITAL, as sole and exclusive lead arranger and sole and exclusive book running manager.
AMENDMENT TO BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • March 2nd, 2015 • Brooklyn Cheesecake & Desert Com • Sanitary services • Missouri
This Amendment is incorporated into the Business Loan and Security Agreement (“BLSA”) entered into between Brooklyn Cheesecake and Desserts Co, Inc. (“Borrower”) and Lender. Pursuant to the BLSA, Lender loaned Borrower $250,000 and Borrower has agreed to repay Lender $322,500. The parties hereby agree to amend the BLSA as follows:
FIRST MODIFICATION TO BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • November 15th, 2002 • Mantech International Corp • Services-management services
THIS FIRST MODIFICATION TO BUSINESS LOAN AND SECURITY AGREEMENT (this “Modification”) is made as of the 1st day of July, 2002, by and among (i) CITIZENS BANK OF PENNSYLVANIA, a Pennsylvania state chartered bank (“Citizens Bank”), acting in its capacity as a Lender, Swing Line Lender and as the Administrative Agent for the Lenders (hereinafter defined), having offices at 8521 Leesburg Pike, Suite 405, Vienna, Virginia 22182; (ii) PNC BANK, NATIONAL ASSOCIATION, a national banking association (“PNC”), acting in its capacity of Lender and as the Documentation Agent for the Lenders, having offices at One PNC Plaza, 6th Floor, 249 Fifth Avenue, Pittsburgh, Pennsylvania 15222; (iii) BRANCH BANKING AND TRUST COMPANY OF VIRGINIA, a Virginia banking corporation (“BB&T”), having offices at 8200 Greensboro Drive, Suite 250, McLean, Virginia 22102, (iv) CHEVY CHASE BANK, F.S.B., a federal savings bank (“Chevy Chase”) having offices at 7501 Wisconsin Avenue, 12th Floor, Bethesda, Maryland 20814, (v
AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • August 23rd, 2010 • Vse Corp • Services-engineering services
THIS AMENDED AND RESTATED BUSINESS LOAN AND SECURITY AGREEMENT (this “Agreement”) is made this 19th day of August, 2010, by and among VSE CORPORATION, a corporation organized under the laws of the State of Delaware (“VSE”), ENERGETICS INCORPORATED, a corporation organized under the laws of the State of Maryland (“Energetics”), VSE SERVICES INTERNATIONAL, INC., a corporation organized under the laws of the State of Delaware (“VSI”), INTEGRATED CONCEPTS AND RESEARCH CORPORATION, a corporation organized under the laws of the District of Columbia (“ICRC”), G&B SOLUTIONS, INC., a corporation organized under the laws of the Commonwealth of Virginia (“G&B”), AKIMEKA, LLC, a limited liability company organized under the laws of the State of Hawaii (“AK”), jointly and severally (each of VSE, Energetics, VSI, ICRC, G&B, and AK, a “Borrower”; and collectively, the “Borrowers”), CITIZENS BANK OF PENNSYLVANIA, a bank chartered in the Commonwealth of Pennsylvania, its successors and assigns (“Citize
