Electronic Retailng Sys Intl – Gordon Snyder, Administrative Agent (November 14th, 2013)
This letter agreement ("Letter Agreement"), when signed and delivered on behalf of the Obligor Parties, will set forth the terms, conditions, representations, warranties and covenants which the Obligor Parties (hereinafter defined) have offered in order to induce Gordon Snyder, acting as Administrative Agent ("Administrative Agent") on behalf of the holders ("Secured Creditors") of certain notes given to evidence their obligations under certain loan agreements (collectively, the "Loan Agreements") described more fully in that certain Loan Reinstatement and Modification Agreement made effective April 6, 2012 ("Loan Reinstatement Agreement"), to (a) agree to extend the term of that certain Intercreditor and Standstill Agreement dated as of May 14, 2013 (the "Standstill") by and among (i) Gordon Snyder, as administrative agent ("Administrative Agent") for the Secured Creditors; (ii) Black Diamond Holdings LLC ("BDH"), for itself and as authorized agent for certain additional purchasers of
Electronic Retailng Sys Intl – Indemnification Escrow Agreement (April 12th, 2012)
This Escrow Agreement (this "Agreement") is entered into as of _______ __, 2012 by and between Eastern Resources, Inc., a Delaware corporation (the "Parent"), Patrick W.M. Imeson (the "Indemnification Representative") and Gottbetter & Partners, LLP (the "Escrow Agent").