Document:

Exhibit 10.2

 

REVOLVING
CREDIT NOTE

 

	$30,909,090.90	March 3, 2016

 

FOR
VALUE RECEIVED, the undersigned, ZAGG INC, a Nevada corporation (the “Borrower”), promises to pay, on the last day
of the Commitment Period, as defined in the Credit Agreement (as hereinafter defined), to the order of KEYBANK NATIONAL ASSOCIATION
(“Lender”) at the main office of KEYBANK NATIONAL ASSOCIATION, as the Administrative Agent, as hereinafter defined,
127 Public Square, Cleveland, Ohio 44114-1306 the principal sum of

 

THIRTY
MILLION NINE HUNDRED NINE THOUSAND NINETY AND 90/100 ....................................................................................DOLLARS

 

or
the aggregate unpaid principal amount of all Revolving Loans, as defined in the Credit Agreement, made by Lender to the Borrower
pursuant to Section 2.2(a) of the Credit Agreement, whichever is less, in lawful money of the United States of America.

 

As
used herein, “Credit Agreement” means the Credit and Security Agreement dated as of March 3, 2016, among the Borrower,
the Lenders, as defined therein, and KeyBank National Association, as the administrative agent for the Lenders (the “Administrative
Agent”), as the same may from time to time be amended, restated or otherwise modified. Each capitalized term used herein
that is defined in the Credit Agreement and not otherwise defined herein shall have the meaning ascribed to it in the Credit Agreement.

 

The
Borrower also promises to pay interest on the unpaid principal amount of each Revolving Loan from time to time outstanding, from
the date of such Revolving Loan until the payment in full thereof, at the rates per annum that shall be determined in accordance
with the provisions of Section 2.4(a) of the Credit Agreement. Such interest shall be payable on each date provided for in such
Section 2.4(a); provided that interest on any principal portion that is not paid when due shall be payable on demand.

 

The
portions of the principal sum hereof from time to time representing Base Rate Loans and Eurodollar Loans, interest owing thereon
and payments of principal and interest of any thereof, shall be shown on the records of Lender by such method as Lender may generally
employ; provided that failure to make any such entry shall in no way detract from the obligations of the Borrower under this Note
or the Credit Agreement.

 

If
this Note shall not be paid at maturity, whether such maturity occurs by reason of lapse of time or by operation of any provision
for acceleration of maturity contained in the Credit Agreement, the principal hereof and the unpaid interest thereon shall bear
interest, pursuant to the terms of the Credit Agreement, until paid, at a rate per annum equal to the Default Rate. All payments
of principal of and interest on this Note shall be made in immediately available funds.

 

     

     

    

 

This
Note is one of the Revolving Credit Notes referred to in the Credit Agreement and is entitled to the benefits thereof. Reference
is made to the Credit Agreement for a description of the right of the undersigned to anticipate payments hereof, the right of
the holder hereof to declare this Note due prior to its stated maturity, and other terms and conditions upon which this Note is
issued.

 

Except
as expressly provided in the Credit Agreement, the Borrower expressly waives presentment, demand, protest and notice of any kind.
This Note shall be governed by and construed in accordance with the laws of the State of New York.

 

JURY
TRIAL WAIVER. THE BORROWER, TO THE EXTENT PERMITTED BY LAW, HEREBY WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING
ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, AMONG THE BORROWER, THE ADMINISTRATIVE AGENT AND THE LENDERS, OR
ANY THEREOF, ARISING OUT OF, IN CONNECTION WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION
WITH THIS NOTE OR ANY OTHER NOTE OR INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS
RELATED THERETO.

 

	 	ZAGG
    INC
	 	 
	 	By:	/s/ Randall L.
    Hales
	 	 	Randall
L. Hales
	 	 	President

 

 

2Exhibit
10.3

 

REVOLVING
CREDIT NOTE

 

	$27,045,454.55	March
    3, 2016

 

FOR
VALUE RECEIVED, the undersigned, ZAGG INC, a Nevada corporation (the “Borrower”), promises to pay, on the last day
of the Commitment Period, as defined in the Credit Agreement (as hereinafter defined), to the order of ZB, N.A. DBA ZIONS FIRST
NATIONAL BANK (“Lender”) at the main office of KEYBANK NATIONAL ASSOCIATION, as the Administrative Agent, as hereinafter
defined, 127 Public Square, Cleveland, Ohio 44114-1306 the principal sum of

 

TWENTY-SEVEN
MILLION FORTY-FIVE THOUSAND FOUR HUNDRED FIFTY-FOUR AND 55/100 ............................................
DOLLARS

 

or
the aggregate unpaid principal amount of all Revolving Loans, as defined in the Credit Agreement, made by Lender to the Borrower
pursuant to Section 2.2(a) of the Credit Agreement, whichever is less, in lawful money of the United States of America.

 

As
used herein, “Credit Agreement” means the Credit and Security Agreement dated as of March 3, 2016, among the Borrower,
the Lenders, as defined therein, and KeyBank National Association, as the administrative agent for the Lenders (the “Administrative
Agent”), as the same may from time to time be amended, restated or otherwise modified. Each capitalized term used herein
that is defined in the Credit Agreement and not otherwise defined herein shall have the meaning ascribed to it in the Credit Agreement.

 

The
Borrower also promises to pay interest on the unpaid principal amount of each Revolving Loan from time to time outstanding, from
the date of such Revolving Loan until the payment in full thereof, at the rates per annum that shall be determined in accordance
with the provisions of Section 2.4(a) of the Credit Agreement. Such interest shall be payable on each date provided for in such
Section 2.4(a); provided that interest on any principal portion that is not paid when due shall be payable on demand.

 

The
portions of the principal sum hereof from time to time representing Base Rate Loans and Eurodollar Loans, interest owing thereon
and payments of principal and interest of any thereof, shall be shown on the records of Lender by such method as Lender may generally
employ; provided that failure to make any such entry shall in no way detract from the obligations of the Borrower under this Note
or the Credit Agreement.

 

If
this Note shall not be paid at maturity, whether such maturity occurs by reason of lapse of time or by operation of any provision
for acceleration of maturity contained in the Credit Agreement, the principal hereof and the unpaid interest thereon shall bear
interest, pursuant to the terms of the Credit Agreement, until paid, at a rate per annum equal to the Default Rate. All payments
of principal of and interest on this Note shall be made in immediately available funds.

 

     

     

    

 

This
Note is one of the Revolving Credit Notes referred to in the Credit Agreement and is entitled to the benefits thereof. Reference
is made to the Credit Agreement for a description of the right of the undersigned to anticipate payments hereof, the right of
the holder hereof to declare this Note due prior to its stated maturity, and other terms and conditions upon which this Note is
issued.

 

Except
as expressly provided in the Credit Agreement, the Borrower expressly waives presentment, demand, protest and notice of any kind.
This Note shall be governed by and construed in accordance with the laws of the State of New York.

 

JURY
TRIAL WAIVER. THE BORROWER, TO THE EXTENT PERMITTED BY LAW, HEREBY WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING
ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, AMONG THE BORROWER, THE ADMINISTRATIVE AGENT AND THE LENDERS, OR
ANY THEREOF, ARISING OUT OF, IN CONNECTION WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION
WITH THIS NOTE OR ANY OTHER NOTE OR INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS
RELATED THERETO.

 

	 	ZAGG
    INC
	 	 
	 	By:	/s/ Randall L.
    Hales
	 	 	Randall
L. Hales
	 	 	President

 

 

2Exhibit
10.4

 

REVOLVING
CREDIT NOTE

 

	$27,045,454.55	March
    3, 2016

 

FOR
VALUE RECEIVED, the undersigned, ZAGG INC, a Nevada corporation  (the “Borrower”), promises to pay, on the last day
of the Commitment Period, as defined in the Credit Agreement (as hereinafter defined), to the order of JPMORGAN CHASE BANK, N.A.
(“Lender”) at the main office of KEYBANK NATIONAL ASSOCIATION, as the Administrative Agent, as hereinafter defined,
127 Public Square, Cleveland, Ohio 44114-1306 the principal sum of

 

TWENTY-SEVEN
MILLION FORTY-FIVE THOUSAND FOUR HUNDRED FIFTY-FOUR AND 55/100................................................................................................................................................................................................................
DOLLARS

 

or
the aggregate unpaid principal amount of all Revolving Loans, as defined in the Credit Agreement, made by Lender to the Borrower
pursuant to Section 2.2(a) of the Credit Agreement, whichever is less, in lawful money of the United States of America.

 

As
used herein, “Credit Agreement” means the Credit and Security Agreement dated as of March 3, 2016, among the Borrower,
the Lenders, as defined therein, and KeyBank National Association, as the administrative agent for the Lenders (the “Administrative
Agent”), as the same may from time to time be amended, restated or otherwise modified. Each capitalized term used herein
that is defined in the Credit Agreement and not otherwise defined herein shall have the meaning ascribed to it in the Credit Agreement.

 

The
Borrower also promises to pay interest on the unpaid principal amount of each Revolving Loan from time to time outstanding, from
the date of such Revolving Loan until the payment in full thereof, at the rates per annum that shall be determined in accordance
with the provisions of Section 2.4(a) of the Credit Agreement. Such interest shall be payable on each date provided for in such
Section 2.4(a); provided that interest on any principal portion that is not paid when due shall be payable on demand.

 

The
portions of the principal sum hereof from time to time representing Base Rate Loans and Eurodollar Loans, interest owing thereon
and payments of principal and interest of any thereof, shall be shown on the records of Lender by such method as Lender may generally
employ; provided that failure to make any such entry shall in no way detract from the obligations of the Borrower under this Note
or the Credit Agreement.

 

If
this Note shall not be paid at maturity, whether such maturity occurs by reason of lapse of time or by operation of any provision
for acceleration of maturity contained in the Credit Agreement, the principal hereof and the unpaid interest thereon shall bear
interest, pursuant to the terms of the Credit Agreement, until paid, at a rate per annum equal to the Default Rate. All payments
of principal of and interest on this Note shall be made in immediately available funds.

 

     

     

    

 

This
Note is one of the Revolving Credit Notes referred to in the Credit Agreement and is entitled to the benefits thereof. Reference
is made to the Credit Agreement for a description of the right of the undersigned to anticipate payments hereof, the right of
the holder hereof to declare this Note due prior to its stated maturity, and other terms and conditions upon which this Note is
issued.

 

Except
as expressly provided in the Credit Agreement, the Borrower expressly waives presentment, demand, protest and notice of any kind.
This Note shall be governed by and construed in accordance with the laws of the State of New York.

 

JURY
TRIAL WAIVER. THE BORROWER, TO THE EXTENT PERMITTED BY LAW, HEREBY WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING
ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, AMONG THE BORROWER, THE ADMINISTRATIVE AGENT AND THE LENDERS, OR
ANY THEREOF, ARISING OUT OF, IN CONNECTION WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION
WITH THIS NOTE OR ANY OTHER NOTE OR INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS
RELATED THERETO.

 

	 	ZAGG
    INC
	 	 
	 	By:	/s/ Randall L.
    Hales
	 	 	Randall
L. Hales
	 	 	President

 

 

2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00255-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00255-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00255-of-00352.parquet"}]]