LOAN AND SECURITY AGREEMENT
This LOAN AND SECURITY AGREEMENT is entered into as of June ___, 2006 between
BUSINESS ALLIANCE CAPITAL COMPANY, a division of Sovereign Bank, a federal savings bank
(BACC), with its chief executive office located at 214 Carnegie Center, Suite 302, Princeton, New Jersey
08540 and DRINKS AMERICAS INC., a Delaware corporation (“DAI”), DRINKS GLOBAL IMPORTS,
LLC, a New York limited liability company (DGI”), and D.T. DRINKS, LLC, a New York limited liability
company (“DTD”, and together with DAI and DGI individually and collectively Borrower), each with its chief
executive office located at 372 Danbury Road, Wilton, CT 06897.
The parties agree as follows
1. DEFINITIONS AND CONSTRUCTION
1.1 Terms. As used in this Agreement, the following terms shall have the following meanings:
Accounts means, in addition to the definition of accounts in the Code, all presently existing and
hereafter arising accounts receivable, contract rights, health-care-insurance receivables, and all other forms of
obligations owing to Borrower arising out of the sale, lease, license or assignment of goods or other property, or
the rendition of services by Borrower, whether or not earned by performance, all credit insurance, guaranties,
and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower’s
Books relating to any of the foregoing.
Advances means all loans, advances and other financial accommodations by BACC to or on account
of the Borrower, including those under this Agreement.
Agreement means collectively this Loan and Security Agreement, any concurrent or subsequent rider
to this Loan and Security Agreement, and any extensions, supplements, amendments, addenda or modifications
to or in connection with this Loan and Security Agreement or any such rider.
Authorized Officer means any officer or other representative of Borrower authorized in a writing
delivered to BACC to transact business with BACC.