Document:

mwbl8k20100921ex10-f.htm

Jet Exclusive Aviation LLC 

622 East 20th  Suite 5B New York, NY  10009

7 Rue de Marche 1204 Geneva Switzerland

Telephone : USA NJ 201-941-9122  Geneva  Tel : 0041 22 575  2129

info@jetexclusiveaviation.com   Fax 1.888.317.7839       

 

                                                     ®

September 23, 2009

ref.09223009-02   

 

Strictly Private and Confidential   

 

Sara Shipman-Myers

Gulf Coast Energy Distribution, LLC

1218 Sylacauga, Fayetteville Hwy.

Sylacauga, AL 35151

 

Dear Ms. Shipman-Myers

 

This letter (the “Engagement Letter”) confirms the terms and conditions under which Gulf Coast Energy Distribution, LLC (“GCED”), is engaged by Jet Exclusive Aviation, LLC. (“JEA”) defined herein as the partners.

 

WHEREAS, JEA is a Delaware corporation, authorized to conduct business in the state of New York, for the distribution of petroleum-based products for the purpose of engaging in all activities and transactions that are necessary in furtherance of that purpose.

 

WHEREAS, JEA wishes, on a non-exclusive basis, to capitalize on the contacts, expertise and reputation of GCED, and to utilize GCED's expertise and resources (“Resources”) in purchasing commercial aviation grade jet fuel from the Company;

 

 

JEA purpose in the AGREEMENT is to arrange for the purchase, of five million barrels of aviation kerosene (“jet fuel”) needed for re-sale by JEA to possible buyers or another potential buyer that would be beneficial to JEA. 

WHEREAS, GCED will be the Partners TITLE AGENT, and will comply with all authorization, approval or license or other action by, and notice to or filing with, any governmental authority or regulatory body or any other third party that is required for the due execution, delivery and performance by GCED of this Agreement or for the consummation of the transactions contemplated hereby will be satisfied by GCED , and GCED has no restriction in doing business in the country of United States of America.

 

 ;

WHEREAS, The Company(JEA)will be the Partners PROCUREMENT, MANGEMENT AGENT, to procure and by providing the financial structure that shall perform the acquisition of the PRODUCT and facilitate the title transfer of the product to possible buyers or any other buyers that are clients of JEA.

  

  

  

 

1. Duration and Termination.  This Agreement shall become effective on the date hereof and shall remain in force until all jet fuel invoiced by JEA to JEA’s customer has been delivered. The invoice amount is five (5) million barrels of jet fuel, or until terminated sooner by the parties as provided herein. The amount of jet fuel to be transacted under this Agreement is limited to and not to exceed five (5) million barrels. Either JEA or GCED may terminate this Agreement at any time and for any reason, and after payment of any fees owing, upon thirty (30) days prior written notice; provided, however, that the Agreement shall terminate automatically upon the occurrence of any of the following events:.

 

(a) GCED engages in any kind of brokerage services or effects transactions in securities or matters governed by applicable securities laws.

 

(c) GCED offers any investment advice or recommendation to any of the Investors in contravention of applicable law.

 

(d) GCED receives or handles any securities or funds to be used in connection with the investment of the Investors in the Company or in any other type or types of securities investments.

 

(e) GCED, at or prior to the Initial Meeting, between the Prospects and the Company, or at any time thereafter, extols or specifically recommends investing in the Company, makes evaluations of the prospective worth to such Prospect of investing in the Company, or participates in any way in, or attempts to influence, any negotiations between the Company and Prospects regarding the Prospect's purchase agreement with the Company.

 

(f) GCED violates any federal securities laws applicable to GCED or JEA.

 

 

2. Representations of GCED.  GCED hereby represents to Company that it has reviewed a statement of the statutory and regulatory provisions concerning brokerage and investment advisory activities of the Securities Exchange Act of 1934 and the Investment Advisors Act of 1940, respectively, including the requirement to register prior to participating in any such activities and the anti-fraud provisions, and that he has read and understood such provisions, and that he is not required to register as a broker-dealer or investment adviser there under. GCED further represents that GCED has not previously been engaged in any offering of securities and does not intend to participate in any other offerings.  Notwithstanding the foregoing, if GCED becomes a registered broker under applicable securities laws, the parties shall negotiate in good faith a new agreement which shall replace this Agreement in all respects.

 

 

3. Compensation.  GCED will be entitled to a single consultant’s fee (the “Fee”) calculated and determined as follows:

 

A. GCED will be entitled to a Fee equal to seventy-five over 100 cents ($0.75) United States Dollar being the currency for settlement for every barrel of jet fuel delivered under this Agreement. The fee is limited to and will not exceed the delivery of five (5) million barrels.

1. All funds received from the re-sale of the Product shall be deposited into a bank account controlled solely by JEA and with the beneficiaries being the Parties to Partners all profits to the Partners shall come from this account. All monies distributed from this account will be at the discretion of JEA and negotiated in a separate agreement with the beneficiaries. 

  

  

  

 

(i). The fee will be due in cash at closing of each transaction. Closing will be defined when Customer settles all invoices in cash remittance to the JEA and received by JEA. 

(ii). The Fee paid to “GCED” shall be the total consulting fee payable by the “JEA” for all services performed under this agreement and any transaction completed by “GCED”. 

(iii). If “GCED” collaborates with partners, colleagues or other consultants, any remuneration payable to any such parties shall be the sole obligation of ”GCED”, and shall create no obligations on the part of the “JEA”.

 

4. Indemnification.  GW shall indemnify and hold harmless the Company, from and against any and all claims, losses, costs, expenses (including reasonable attorneys’ fees and court costs), damages, actions or causes of action arising from, on account of or in connection with the performance by GW of its duties and obligations hereunder as the same are awarded to or incurred by the prevailing party in any dispute.

 

 

5. Nonexclusive Agreement.  The Company and its representatives, as well as any other finder with which the Company may enter into a Finder’s Agreement, which Agreement may or may not be similar to this one, are entitled to approach Prospects directly. GW shall not be entitled to any fees resulting from transactions in the arising out of such direct contacts. Any subsequent purchase by Prospects initially introduced by GW, however, shall be subject to this Agreement. This agreement in no way shall be constructed as being an agreement of partnership and none of “The Parties” shall have any claim against any separate dealing, venture or assets of any other party or shall any party be liable for any other.             

 

 

6. Miscellaneous Provisions.

 

(a) Notice.  Any notice under this Agreement shall be in writing, addressed and delivered or mailed, postage prepaid, return receipt requested, or hand delivered to the other party at such address as such other party may designate for the receipt of such notice.  Notice shall be considered received upon hand delivery or three business days after mailing in accordance with this Section 8(a).

 

(b) Entire Agreement.  This Agreement contains the entire agreement between the parties hereto concerning the transaction contemplated herein and supersedes all prior agreements or understandings between the parties hereto relating to the subject matter hereof.  No oral representation, agreement or understanding made by any party hereto shall be valid or binding upon such party or any other party hereto.

 

(c) Amendments Hereof.  No provision of this Agreement may be changed, waived, discharged, or terminated orally, but only by an instrument in writing signed by Company and the MMA, and no amendment of this Agreement shall be effective until approved by both parties; provided, however, that this Agreement shall automatically terminate as provided in Section 3 hereof.

 

(d) Severability.  If any provision of this Agreement is determined to be invalid by any court of final jurisdiction, then it shall be omitted and the remainder of the Agreement shall continue to be binding and enforceable. In addition, the Court is hereby authorized to enforce any provision of the Agreement that the Court otherwise deems unenforceable, to whatever lesser extent the Court deems reasonable and appropriate, rather than invalidating the entire provision.

  

  

  

 

(e) Headings.  The headings in this Agreement are inserted for convenience and identification only and are in no way intended to describe, interpret, define or limit the size, extent or intent of this Agreement or any provision hereof.

 

(f) Counterparts.  This Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same agreement.

 

 

Governing Law; Jurisdiction; Waiver of Jury Trial. 

 

JEA and “GCED” hereby irrevocably (i) submit to the jurisdiction of the Court of Chancery in Delaware State sitting in Dover, Delaware in any action or proceeding arising out of or relating to this Agreement, (ii) agree that all claims in respect of such action or proceeding may be heard and determined in such Delaware court and (iii) waive, to the fullest extent permitted by law, the defense of any inconvenient forum to the maintenance of such action or proceeding. The “JEA” and “GCED” consent to the service of any and all process in any such action by the mailing of copies of such process to:

in the case of the  JEA:

615 South DuPont Highway

Dover, Delaware 19901

care of National Corporate Researchers LLP

Nothing herein shall affect a party’s right to serve legal process in any other manner permitted by law or affect its right to bring any action or proceeding against the other parties, or their respective property, in the courts of other jurisdictions.

 

 

7.    Non-Circumvention

 

GCED acknowledge that the JEA shall seek to enter into agreements with third parties (clients, employees, financial institutions, suppliers, distributors, and manufactures) in furtherance of this Agreement.

GCED agree that once JEA has initiated contact with such third party, that GCED shall not in any way seek to circumvent JEA or seek to derive profit from or to establish a relationship with any such third party outside this Agreement. It is agreed that any and all income derived from third parties introduced to GCED by the JEA and or developed by JEA shall be subject to this Agreement. It is further agreed that this paragraph shall survive the termination of this Agreement.

 

 

THE “JEA” AND “GCED” HERETO IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT LETTER OR THE ACTIONS OF THE PARTIES IN THE NEGOTIATION, PERFORMANCE OR ENFORCEMENT OF THE TERMS OF THIS FINDER FEE AGREEMENT.   THERE CAN BE NO ASSURANCE THAT THE CONDITIONS DESCRIBED ABOVE TO GCED, IN REFERENCE TO JEA PROVIDING ANY PETROLEUM PRODUCTS WILL BE SATISFIED.

  

  

  

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

 

 

	 	GULF COAST ENERGY DISTRIBUTION, LLC. (GCED):
	 	 
	 	By:    /s/ Sara Shipman-Myers
	 	 
	 	 
Name:  Sara Shipman-Myers

Its: Trade Desk Director

	 	 
	 	 
	 	 
	 	JET EXCLUSIVE AVIATION, LLC (JEA):
	 	 
	 	 
By:  /s/ Michael Davis

	 	 
	 	 
Name: Michael Davis

      Its: Chief Executive OfficerExhibit 4.7

 

AMENDMENT NO. 6

TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT

 

AMENDMENT NO. 6 TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT, dated as of January 13, 2011 (this “Amendment”), among InfoLogix, Inc., a Delaware corporation (“Parent Borrower”), InfoLogix Systems Corporation, a Delaware corporation (“ISC”), Embedded Technologies, LLC, a Delaware limited liability company (“Embedded”), Opt Acquisition LLC, a Pennsylvania limited liability company (“Opt”), and InfoLogix—DDMS, Inc., a Delaware corporation (“DDMS”) (Parent Borrower, ISC, Embedded, Opt and DDMS are each referred to herein as a “Borrower” and collectively as “Borrowers”) and Hercules Technology Growth Capital, Inc., a Maryland corporation (“Lender”).  Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in (a) the Loan Agreement referred to below or (b) in the event that such terms are not defined in the Loan Agreement, the Loan Documents (as defined in the Loan Agreement).

 

RECITALS

 

WHEREAS, on November 20, 2009, Borrowers and Lender entered into that certain Amended and Restated Loan and Security Agreement (as amended, restated, supplemented or otherwise modified and in effect from time to time, the “Loan Agreement”), pursuant to which, subject to the terms and conditions set forth therein, Lender made advances and other extensions of credit available to Borrowers;

 

WHEREAS, Events of Default exist under (a) Section 9.1 and Section 9.2 of the Loan Agreement as a result of a breach of Section 2.1(c) and Section 2.6(a)(i) of the Loan Agreement, (b) Section 9.2 of the Loan Agreement as a result of a breach of Section 7.20(d) of the Loan Agreement for the month of February 2010, March 2010, April 2010, May 2010, July 2010, August 2010, September 2010, October 2010, November 2010 and December 2010, (c) Section 9.2 of the Loan Agreement as a result of a breach of Section 7.20(a) of the Loan Agreement for the Three Month Measurement Period ending December 2009, January 2010, February 2010, March 2010, April 2010, May 2010, June 2010, July 2010, August 2010, September 2010, October 2010, November 2010 and December 2010, (d) Section 9.2 of the Loan Agreement as a result of a breach of Section 7.20(b) of the Loan Agreement for the Twelve Month Measurement Period ending June 30, 2010, September 30, 2010 and December 31, 2010 and (e) Section 9.2 of the Loan Agreement as a result of a breach of Section 7.20(c) of the Loan Agreement for the Twelve Month Measurement Period ending June 30, 2010, September 30, 2010 and December 31, 2010; such Events of Default described in clauses (a), (b), (c), (d) and (e) are herein referred to as the “Specified Events of Default”;

 

WHEREAS, on or about the date hereof, the Lender advanced to the Borrowers an Overadvance of $450,000; and

 

WHEREAS, the Borrowers and the Lender have agreed to amend certain terms and provisions of the Loan Agreement, as set forth herein.

 

NOW, THEREFORE, in consideration of the mutual agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

 

 

AGREEMENTS

 

§1.                               Amendments to Loan Agreement.  The Loan Agreement is hereby amended as follows:

 

(a)                                  The Loan Agreement is hereby amended by deleting clause (iii) of paragraph E contained in the Recitals and substituting in lieu thereof the following:

 

“(iii) a revolving facility (the “Revolving Loan”) in an aggregate principal of $12,767,322 (the “Revolving Loan Commitment”)”.

 

(b)                                 Section 1.1 of the Loan Agreement is hereby amended by deleting the amount “12,317,322” contained in the definition of “Maximum Revolving Loan Amount” and substituting in lieu thereof the amount “12,767,322”.

 

§2.                               Conversion Rights.  Notwithstanding anything to the contrary contained in Sections 2.9(a), 2.10(a) and 2.11(a) of the Loan Agreement, the Borrowers hereby waive the requirement that the Lender provide ten (10) Business Days advance written notice of the conversions contemplated to be made by the Lender as set forth in Section 4.1 of that certain Purchase and Sale Agreement dated as of December 15, 2010, by and among Stanley Black & Decker, Inc., the Lender and Hercules Technology I, LLC (the “Purchase and Sale Agreement”).

 

§3.                               Ratification of Loan Documents, Etc.  Each Borrower hereby adopts again, ratifies and confirms in all respects, as its own act and deed: (i) each of the Loan Agreement and the other Loan Documents to which such Borrower is a party; (ii) the grant of a security interest under the Loan Agreement and the other Loan Documents in the Collateral, together with any and all UCC financing statements, United States Patent and Trademark Office recordings, United States Copyright Office recordings, and other instruments or documents previously executed in connection therewith to create, evidence, perfect or preserve the priority of such security interest and Lien in favor of Lender; (iii) each of the other instruments or documents delivered in connection with the Loan Agreement or any of the Loan Documents and purported to be executed by it and acknowledges that all of the foregoing Loan Documents and other instruments, documents, filings and recordings shall continue in full force and effect.  Each pledgor under a Pledge Agreement hereby adopts again, ratifies and confirms in all respects, as its own act and deed, each pledge granted by such pledgor thereunder.  By its signature below, each Borrower hereby consents to this Amendment, and after taking into account this Amendment, acknowledges that this Amendment shall not alter, release, discharge or otherwise affect any of its obligations under any Loan Document under which such Borrower acts as a secondary obligor, if any.

 

§4.                               Representations and Warranties.  Each Borrower hereby represents and warrants to Lender as follows:

 

(a)                                  The execution and delivery of this Amendment and the performance of the Loan Agreement, as amended by this Amendment, by the Borrowers and the transactions contemplated hereby (i) are within the corporate or company authority of each Borrower, as applicable, (ii) have been duly authorized by all necessary corporate and company proceedings, as applicable, (iii) do not and will not contravene with (A) any provision of law, statute, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Borrower or any of its Subsidiaries or (B) such Borrower’s certificate or articles of incorporation or formation, other charter documents, by-laws or limited liability company agreements, other company agreements, or any stock or membership provision or any amendment thereof or (C) the provisions of any contract or agreement binding upon such Borrower.

 

 

(b)                                 The execution and delivery of this Amendment and performance of the Loan Agreement, as amended by this Amendment, by the Borrowers and the transactions contemplated hereby are valid and legally binding obligations of each Borrower, enforceable against each such Borrower in accordance with the respective terms and provisions hereof.

 

(c)                                  No order, consent, adjudication, approval, license, authorization, or validation of, or filing, recording or registration with, or exemption by, or other action in respect of any governmental or public body or authority, or subdivision thereof, is required to be obtained in connection with the execution and delivery of this Amendment, the performance by Borrowers and their Subsidiaries of their obligations under this Amendment and the Loan Agreement as amended hereby or the legality, validity, binding effect or enforceability of any of the Loan Documents.

 

§5.                               Conditions to Effectiveness.  This Amendment shall become effective as of the date first written above upon the receipt by Lender of each of the following items:

 

(a)                                  Lender shall have received a duly executed copy of this Amendment by Borrowers.

 

(b)                                 Lender shall have received a Second Amended and Restated Revolving Note duly executed by Borrowers.

 

(c)                                  Lender shall have received copies, certified by the Secretary or Assistant Secretary (or the equivalent thereof) of each Borrower, in each case, of its certificate of incorporation or formation, as applicable (each certified by the Secretary of State of the State of such Borrower’s incorporation or formation, as applicable, as of a recent date), its by-laws or limited liability company agreement, as applicable, (or, to the extent that there have been no amendments or modifications to such documents since the date such documents were last delivered to Lender, and such documents remain in full force and effect, Lender shall have received a certification with respect thereto), its Board of Directors’ resolutions and of resolutions or actions of any other body authorizing the execution of the Loan Documents to which such Borrower is a party, the incumbency of its officers authorized to sign the Loan Documents, which shall identify by name and title and bear the signatures of the authorized officers and any other officers of such Borrower authorized to sign the Loan Documents to which such Borrower is a party (or, to the extent that the authorized officers of the applicable Person remains the same as the certification received as of the Closing Date, Lender shall have received a certification with respect thereto), which such documents shall be in form and substance reasonably satisfactory to Lender and upon which certificate Lender shall be entitled to rely until informed of any change in writing by such Borrower.

 

§6.                               Effect of Amendment.  Except as expressly set forth herein, this Amendment does not constitute an amendment of any term or condition of the Loan Agreement or any other Loan Document, and all such terms and conditions shall remain in full force and effect and are hereby ratified and confirmed in all respects.  Nothing contained in this Amendment shall be construed to imply a willingness on the part of Lender to grant any similar or other future amendments of any of the terms and conditions of the Loan Agreement or the other Loan Documents.  Nothing contained in this Amendment shall in any way prejudice, impair or otherwise adversely affect any rights or remedies of Lender under the Loan Agreement, as amended, or any other Loan Document generally and specifically in respect of the Specified Events of Default.  Nothing contained in this Amendment shall be construed to constitute a waiver or forbearance of the Specified Events of Default, which shall continue to exist following the effectiveness of this Amendment and for which Lender shall continue to have all rights and remedies of Lender under the Loan Documents in respect thereof.  This Amendment shall constitute a Loan Document.

 

 

§7.                               Release.  Each Borrower, on behalf of itself and its affiliates, and its or their successors, assigns and agents, hereby expressly forever waives, releases and discharges any and all claims (including, without limitation, cross-claims, counterclaims, and rights of setoff and recoupment), causes of action (whether direct or derivative in nature), demands, suits, costs, liabilities, responsibilities, disputes, obligations, expenses and damages (collectively, the “Claims”) any of them may have or allege to have as of the date of this Amendment (and all defenses that may arise out of any of the foregoing) of any nature, description, or kind whatsoever, based in whole or in part on facts, whether actual, contingent or otherwise, now known, unknown, or subsequently discovered, whether arising in law, at equity or otherwise, against either Lender or Holder, or any of their respective subsidiaries, affiliates, agents, principals, managers, managing members, members, stockholders, “controlling persons” (within the meaning of the United States federal securities laws), directors, officers, employees, attorneys, consultants, advisors, agents, trusts, trustors, beneficiaries, heirs, executors and administrators of each of the foregoing (collectively, the “Released Parties”) arising out of the Existing Agreement, the Existing Loan Documents, the Existing Warrant Agreement, the Loan Agreement, the Loan Documents and any or all of the actions and transactions contemplated hereby or thereby, including any actual or alleged performance or non-performance of any of the Released Parties under the Existing Agreement, the Existing Loan Documents, the Existing Warrant Agreement, the Loan Agreement and the Loan Documents; provided that nothing in this Amendment shall be deemed to release Lender from any of its obligations under the Loan Agreement or Holder from any of its obligations under the Existing Warrant Agreement.  Each Borrower hereby acknowledges that the agreements in this Section 7 are intended to be in full satisfaction of all or any alleged injuries or damages arising in connection with the Claims.  In entering into this Amendment, each Borrower expressly disclaims any reliance on any representations, acts, or omissions by any of the Released Parties and hereby agrees and acknowledges that the validity and effectiveness of the releases set forth above does not depend in any way on any such representation, acts and/or omissions or the accuracy, completeness, or validity thereof.  The provisions of this Section 7 shall survive (i) the entry into the Loan Agreement and the Loan Documents, the payment in full of all Secured Obligations of Borrowers under or in respect of the Loan Agreement and the other Loan Documents and all other amounts owing thereunder and the termination of all such Loan Documents and (ii) the exercise by Holder of any and all of its rights under the Existing Warrant Agreement.

 

§8.                               Miscellaneous.

 

(a)                                  Governing Law.  This Amendment has been negotiated and delivered to Lender in the State of California, and shall have been accepted by Lender in the State of California.  This Amendment shall be governed by, and construed and enforced in accordance with, the laws of the State of California, excluding conflict of laws principles that would cause the application of laws of any other jurisdiction.

 

(b)                                 Consent to Jurisdiction and Venue.  All judicial proceedings (to the extent that the reference requirement of Section 8(c) is not applicable) arising in or under or related to this Amendment may be brought in any state or federal court located in the State of California.  By execution and delivery of this Amendment, each party hereto generally and unconditionally: (a) consents to nonexclusive personal jurisdiction in Santa Clara County, State of California; (b) waives any objection as to jurisdiction or venue in Santa Clara County, State of California; (c) agrees not to assert any defense based on lack of jurisdiction or venue in the aforesaid courts; and (d) irrevocably agrees to be bound by any judgment rendered thereby in connection with this Amendment.  Service of process on any party hereto in any action arising out of or relating to this Amendment shall be effective if given in accordance with the requirements for notice set forth in Section 11.2 of the Loan Agreement, and shall be deemed effective and received as set forth in Section 11.2 of the Loan

 

 

Agreement.  Nothing herein shall affect the right to serve process in any other manner permitted by law or shall limit the right of either party to bring proceedings in the courts of any other jurisdiction.

 

(c)                                  Mutual Waiver of Jury Trial / Judicial Reference.

 

(i)                                     Because disputes arising in connection with complex financial transactions are most quickly and economically resolved by an experienced and expert person and the parties wish applicable state and federal laws to apply (rather than arbitration rules), the parties desire that their disputes be resolved by a judge applying such applicable laws.  EACH BORROWER AND LENDER SPECIFICALLY WAIVES ANY RIGHT IT MAY HAVE TO TRIAL BY JURY OF ANY CAUSE OF ACTION, CLAIM, CROSS CLAIM, COUNTERCLAIM, THIRD PARTY CLAIM OR ANY OTHER CLAIM (COLLECTIVELY, “SECTION 8 CLAIMS”) ASSERTED BY ANY BORROWER AGAINST LENDER OR ITS ASSIGNEE OR BY LENDER OR ITS ASSIGNEE AGAINST ANY BORROWER.  This waiver extends to all such Section 8 Claims, including Section 8 Claims that involve Persons other than Borrowers and Lender; Section 8 Claims that arise out of or are in any way connected to the relationship between any Borrower and Lender; and any Section 8 Claims for damages, breach of contract, tort, specific performance, or any equitable or legal relief of any kind, arising out of this Amendment.

 

(ii)                                  If the waiver of jury trial set forth in Section 8(c)(i) is ineffective or unenforceable, the parties agree that all Section 8 Claims shall be resolved by reference to a private judge sitting without a jury, pursuant to Code of Civil Procedure Section 638, before a mutually acceptable referee or, if the parties cannot agree, a referee selected by the Presiding Judge of the Santa Clara County, California.  Such proceeding shall be conducted in Santa Clara County, California, with California rules of evidence and discovery applicable to such proceeding.

 

(iii)                               In the event Section 8 Claims are to be resolved by judicial reference, either party may seek from a court identified in Section 8(b), any prejudgment order, writ or other relief and have such prejudgment order, writ or other relief enforced to the fullest extent permitted by law notwithstanding that all Section 8 Claims are otherwise subject to resolution by judicial reference.

 

(d)                                 Counterparts.  This Amendment may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument.  Delivery of an executed counterpart of a signature page of this Amendment by facsimile or other electronic methods shall be effective as delivery of a manually executed counterpart of this Amendment.

 

(e)                                  Payment of Fees.  Subject to the restrictions contained in the Purchase and Sale Agreement, each Borrower hereby agrees to pay Lender, on demand by Lender, all Lender Expenses and all other professional fees set forth in Section 11.11 of the Loan Agreement.

 

(f)                                    Purchase and Sale Agreement.  Borrower and Lender each acknowledge and agree that this Amendment and the Second Amended and Restated Revolving Note referenced in Section 5 of this Amendment are Additional Documents and are also Seller Documents (as each such term is defined in the Purchase and Sale Agreement) and are subject to the terms, provisions and restrictions of the Purchase and Sale Agreement.

 

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY BLANK]

 

 

IN WITNESS WHEREOF, Borrowers and Lender have duly executed and delivered this Amendment No. 6 to Amended and Restated Loan and Security Agreement as of the day and year first above written.

 

	
 
    	
BORROWERS:
    
	
 
    	
 
    	
 
    
	
 
    	
INFOLOGIX, INC.
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   David T. Gulian
    
	
 
    	
 
    	
David   T. Gulian, President and CEO
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
INFOLOGIX   SYSTEMS CORPORATION
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   David T. Gulian
    
	
 
    	
 
    	
David   T. Gulian, President
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
OPT   ACQUISITION LLC
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
InfoLogix   Systems Corporation, its sole Member
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   David T. Gulian
    
	
 
    	
 
    	
David   Gulian, President
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
EMBEDDED   TECHNOLOGIES, LLC
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
InfoLogix   Systems Corporation, its sole Member
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   David T. Gulian
    
	
 
    	
 
    	
David   T. Gulian, President
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
INFOLOGIX   — DDMS, INC.
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   David T. Gulian
    
	
 
    	
 
    	
David   T. Gulian, President
    

 

 

	
 
    	
LENDER:
    
	
 
    	
 
    
	
 
    	
HERCULES   TECHNOLOGY GROWTH CAPITAL, INC.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
Signature:   
    	
/s/   K. Nicholas Martitsch
    
	
 
    	
 
    	
 
    
	
 
    	
Print   Name:
    	
K.   Nicholas Martitsch
    
	
 
    	
 
    	
 
    
	
 
    	
Title:   
    	
Associate   General Counsel

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