EX-10.108
from 10-K
16 pages
March 15, 2006 Private and Confidential Verichip Holdings Inc. Suite 100 13551 Commerce Parkway Richmond, B.C. V6v 2l1 Attention: Mr. Nurez Khimji, C.F.O. Credit Facilities Facility (1): $1,500,000.00 Revolving Demand Facility by Way Of: A) Rbp Based Loans (“Rbp Loans”) Revolve in Increments Of: $5,000.00 Minimum Retained Balance: $0.00 Revolved By: Bank Interest Rate (Per Annum): Rbp + 1.00% B) Rbusbr Based Loans in US Currency (“Rbusbr Loans”) Revolve in Increments Of: $5,000.00 Minimum Retained Balance $0.00 Revolved By: Bank Interest Rate (Per Annum): Rbusbr + 1.00% C) Letters of Credit in Canadian Currency (“Lcs”) Fees to Be Advised on a Transaction-By-Transaction Basis. Fees and Drawings to Be Charged to Borrower’s Accounts. D) Letters of Guarantee in Canadian Currency (“Lgs”) Fees and Drawings to Be Charged to Borrower’s Accounts. Minimum Fee of $100 ® Registered Trademark of Royal Bank of Canada Verichip Holdings Inc. March 15, 2006 Availability the Borrower May Borrow, Convert, Repay and Reborrow Up to the Amount of This Facility Provided This Facility Is Made Available at the Sole Discretion of the Bank and the Bank May Cancel or Restrict the Availability of Any Unutilized Portion at Any Time and From Time to Time
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EX-10.1
from 8-K
7 pages
Fifth Amendment and Waiver, Dated as November 16, 2006 (“Amendment”), to Credit and Security Agreement, Dated as of June 29, 2004 (As Amended From Time to Time, the “Credit Agreement”), Among Infotech USA, Inc., a New Jersey Corporation, as Borrower (The “Borrower”), Infotech USA, Inc., a Delaware Corporation, and Information Technology Services, Inc., a New York Corporation, as Guarantors (Together With the Borrower, the “Obligors”), and Wells Fargo Bank, National Association, Acting Through Its Wells Fargo Business Credit Operating Division (The “Lender”). Terms Which Are Capitalized in This Amendment and Not Otherwise Defined Shall Have the Meanings Ascribed to Such Terms in the Credit Agreement
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