EX-10.26
from 10-K
3 pages
Whereas, Reference Is Made to That Certain Line of Credit in the Principal Amount of $10,000,000 (The “Facility”) Evidenced by (I) the Letter Agreement Dated as of December 12, 2025 Among Borrower, Each Guarantor (As Defined Therein), and Lender (As Amended, Restated, Amended and Restated, Supplemented or Otherwise Modified From Time to Time, the “LOAN Agreement”) and (II) the Line of Credit Note, Dated as of December 12, 2026 by Borrower in Favor of Lender (As Amended, Restated, Amended and Restated, Supplemented or Otherwise Modified From Time to Time, the “Note” And, Together With the LOAN Agreement, Any Security Agreements, Pledge Agreements, Guaranty Agreements, Promissory Notes, Letters of Credit or Other Documents Entered Into in Connection Therewith, Collectively, the “LOAN Documents”); Whereas, the Parties Hereto Wish to Amend the LOAN Documents to (I) Modify the Interest Period to Commence on the First of Each Month and (II) Make Such Other Amendments as Are Set Forth Below, in Each Case on the Terms and Subject to the Conditions Set Forth Herein and in the LOAN Documents; Now, Therefore, in Consideration of the Mutual Agreements Herein Contained and Other Good and Valuable Consideration, the Sufficiency and Receipt of Which Are Hereby Acknowledged, the Parties Hereto Agree as Follows: Section 1. Defined Terms; Interpretation; Etc. Capitalized Terms Used and Not Defined Herein Shall Have the Meanings Assigned to Such Terms in the Applicable LOAN Document. This Amendment Constitutes a “LOAN Document”. Section 2. Amendments. (A) the Note Is Hereby Amended (A) to Delete the Red Text (Indicated Textually in the Same Manner as the Following Example: Stricken Text) and (B) to Add the Blue Underlined Text (Indicated Textually in the Same Manner as the Following Example: Underlined Text), in Each Case, as Set Forth Below
12/34/56
