EXECUTION COPY
CREDIT AND SECURITY AGREEMENT
BY AND BETWEEN
OREGON MICRO SYSTEMS, INC.
AND
WELLS FARGO BUSINESS CREDIT, INC.
May 28, 2002
Table of Contents
i
Page
ARTICLE I DEFINITIONS ....................................................................................................
1
Section 1.1 Definitions.........................................................................................................
1
Section 1.2 Other Definitional Terms; Rules of Interpretation................................................
11
ARTICLE II AMOUNT AND TERMS OF THE CREDIT FACILITY ...............................
12
Section 2.1 Revolving Advances..........................................................................................
12
Section 2.2 Procedures for Requesting Advances................................................................
12
Section 2.3 Letters of Credit...............................................................................................
12
Section 2.4 Special Account................................................................................................
13
Section 2.5 Payment of Amounts Drawn Under Letters of Credit; Obligation
of Reimbursement...............................................................................................
13
Section 2.6 Obligations Absolute.........................................................................................
14
Section 2.7 Interest; Minimum Interest Charge; Default Interest; Participations;
Clearance Days; Usury.......................................................................................
15
Section 2.8 Fees..................................................................................