Mortgage. As security for the performance in full of the obligations of the Borrower under this Agreement, the Subsidiary of the Borrower, [[Borrower:Organization]] Optoelectronics Co., Ltd., (the “Mortgagor”) and the Lender shall enter into a Mortgage Agreement in the form and substance attached hereto as Exhibit B (the “Mortgage Agreement”), creating a second priority security interest in and to the Real Property in favor of the Lender (the “Mortgage”).

Note. The word "Note" means the promissory note executed by Grantor dated December 31, 2020 from Grantor to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations of, and substitutions for the note or credit agreement.

Note. Agent shall have received the Notes duly executed and delivered by an authorized officer of each Borrower;

Note. The revolving credit facility shall be evidenced by the Note. The loan records maintained by Lender shall at all times be conclusive evidence as to the amount of any Advance, the date of disbursement thereof, the date for payment thereof, the interest rate applicable thereto, and the outstanding amount thereof at such time, absent manifest error.

Note. The Note is secured by the Collateral and has identical terms referencing the USDA Guarantee.

Note. Agent shall have received the Notes duly executed and delivered by an authorized officer of each Borrower;

Note. Debtor and Secured Party are parties to that certain Note dated of November 28, 2018 (as amended, modified, supplemented, restated, replaced or extended, the “Note”). It was a condition to Secured Party lending the funds referenced in the Note that the Debtor execute and deliver this Security Agreement to the Secured Party.

Note. Each Note duly executed and delivered by the Initial Borrower (if required) in accordance with Section 3.1;

Note. FOR VALUE RECEIVED, the undersigned, WestRock Financial. Inc., a Delaware corporation (“SPV”), hereby unconditionally promises to pay to the order of ​, a(n) ​ ​[corporation] [limited liability company] [partnership]​ (“Originator”), in lawful money of the United States of America and in immediately available funds, on or before the date following the applicable Termination Date which is one year and one day after the date on which # the Outstanding Balance of all Receivables sold by Originator under the “Sale Agreement” referred to below has been reduced to zero and # Originator has paid to Buyer all indemnities, adjustments and other amounts which may be owed thereunder in connection with the Purchase thereunder (the “Collection Date”), the aggregate unpaid principal sum outstanding of all “Subordinated Loans” made from time to time by Originator to SPV pursuant to and in accordance with the terms of that certain Sixth Amended and Restated Receivables Sale Agreement dated as of July 22, 2016 among Originator and certain of its affiliates, as Sellers, and SPV, as Buyer (as amended, restated, supplemented or otherwise modified from time to time, the “Sale Agreement”). Reference to [Section 1.3] of the Sale Agreement is hereby made for a statement of the terms and conditions under which the loans evidenced hereby have been and will be made. All terms which are capitalized and used herein and which are not otherwise specifically defined herein shall have the meanings ascribed to such terms in the Sale Agreement.

Note. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to the Buyer, and the Buyer shall purchase from the Company on the Initial Closing Date (as defined below), the Note in the original principal amount of $500,000, along with the Warrant to initially acquire up to 400,000 Common Shares. The Note shall be senior to all other debt obligations of the Company.