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AMENDED AND RESTATED INTELLECTUAL PROPERTY SECURITY AGREEMENT

Security Agreement

AMENDED AND RESTATED INTELLECTUAL PROPERTY SECURITY AGREEMENT | Document Parties: RAMTRON INTERNATIONAL CORP | Colorado Springs, CO | RAMTRON INTERNATIONAL CORPORATION | SILICON VALLEY BANK You are currently viewing:
This Security Agreement involves

RAMTRON INTERNATIONAL CORP | Colorado Springs, CO | RAMTRON INTERNATIONAL CORPORATION | SILICON VALLEY BANK

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Title: AMENDED AND RESTATED INTELLECTUAL PROPERTY SECURITY AGREEMENT
Date: 8/24/2009
Industry: Computer Storage Devices     Sector: Technology

AMENDED AND RESTATED INTELLECTUAL PROPERTY SECURITY AGREEMENT, Parties: ramtron international corp , colorado springs  co , ramtron international corporation , silicon valley bank
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Exhibit 10.61

 

AMENDED AND RESTATED INTELLECTUAL PROPERTY SECURITY AGREEMENT

 

This Amended and Restated Intellectual Property Security Agreement (this “Agreement”) is entered into as of the Effective Date by and between SILICON VALLEY BANK ("Bank") and RAMTRON INTERNATIONAL CORPORATION, a Delaware corporation ("Grantor").

 

 

RECITALS

 

A.           Bank has agreed to make certain advances of money and to extend certain financial accommodation to Grantor (the "Loans") in the amounts and manner set forth in that certain Amended and Restated Loan and Security Agreement by and between Bank and Grantor dated the Effective Date (as the same may be amended, modified or supplemented from time to time, the "Loan Agreement"; capitalized terms used herein are used as defined in the Loan Agreement).  Bank is willing to make the Loans to Grantor, but only upon the condition, among others, that Grantor shall grant to Bank a security interest in certain Copyrights, Trademarks, Patents, and Mask Works to secure the obligations of Grantor under the Loan Agreement.  This Agreement amends and restates that certain Intellectual Property Security Agreement of Grantor dated as of September 15, 2005.

 

B.           Pursuant to the terms of the Loan Agreement, Grantor has granted to Bank a security interest in all of Grantor's right, title and interest, whether presently existing or hereafter acquired, in, to and under all of the Collateral.

 

NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby acknowledged, and intending to be legally bound, as collateral security for the prompt and complete pay


 
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