Common use of Amendments to the Security Agreement Clause in Contracts

Amendments to the Security Agreement. The Security Agreement is hereby amended as follows: (1) The number "$750,000" in the Preliminary Statement is hereby deleted and replaced with the following: "$1,150,000 and such other amounts as may be loaned to the Grantor from time to time by the Lenders pursuant to notes of similar tenor to the Senior Secured Notes"; (2) Schedule I to the Security Agreement is hereby deleted in its entirety and replaced by Schedule I attached to this Amendment; and (3) The parties agree to include the obligations of the Grantor under the Prime Note, as restated in the form of a Senior Secured Note, as Obligations under the Security Agreement.