Financial Covenant Required Actual Complies. Adjusted Quick Ratio 1.05:1.00 ____:1.00 Yes No Maintain on a Quarterly Basis: Minimum EBITDA Fiscal Quarter End Minimum EBITDA Yes No March 28, 2014 ($17,000,000) June 27, 2014* ($27,000,000) September 26, 2014* ($12,000,000) December 26, 2014* ($8,000,000) March 27, 2015* ($3,000,000) June 26, 2015* $1.00 September 25, 2015 and thereafter* TBD *measured on a trailing two fiscal quarter basis The following financial covenant analys[is][es] and information set forth in Schedule 1 attached hereto are true and accurate as of the date this Certificate is delivered to Bank as set forth in the first line of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ADMINISTRATIVE BORROWER: AVIAT NETWORKS, INC. By: ______________________________ Name: ________________________ Title: ________________________ BANK USE ONLY Received by: _________________________ AUTHORIZED SIGNER Date: _______________________________ Verified: ____________________________ AUTHORIZED SIGNER Date: _______________________________ Compliance Status: Yes No Schedule 1 to Compliance Certificate Financial Covenants of Borrower In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. Dated: ____________________
Financial Covenant Required Actual Complies. Aggregate Quarterly Bookings not to fall below required levels, as follows: Q1 2012 Not < $6,370,000.00 Yes No Q2 2012 Not < $6,725,000.00 Yes No Q3 2012 Not < $10,250,000.00 Yes No Q4 2012 Not < $8,500,000.00 Yes No FY 2013 TBD Monthly Minimum Net Liquidity $1,000,000.00 Yes No The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) Sincerely, Signature Date Print Name and Tide FORESCOUT TECHNOLOGIES INC. By: Name: Title: BANK USE ONLY Received by: AUTHORIZED SIGNER Date: Verified: AUTHORIZED SIGNER Date: Compliance Status: Yes No EXHIBIT C LOAN PAYMENT/ADVANCE REQUEST FORM DEADLINE FOR SAME DAY PROCESSING IS NOON P.S.T.* Fax To: Date: LOAN PAYMENT: FORESCOUT TECHNOLOGIES, INC. From Account # To Account # (Deposit Account #) (Loan Account #) Principal $ and/or Interest $ Authorized Signature: Phone Number: Print Name/Title: LOAN ADVANCE: Complete Outgoing Wire Request section below if all or a portion of the funds from this loan advance are for an outgoing wire. From Account # To Account # (Loan Account #) (Deposit Account #) Amount of Advance $ and/or Interest $ All Borrower’s representations and warranties in the Loan and Security Agreement are true, correct and complete in all material respects on the date of the request for an advance; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date: Authorized Signature: Phone Number: Print Name/Title: OUTGOING WIRE REQUEST: Complete only if all or a portion of funds from the loan advance above is to be wired. Deadline for same day processing is noon, P.S.T. Beneficiary Name: Amount of Wire: $ Beneficiary Bank: Account Number: City and State: Beneficiary Bank Transit (ABA) #: Beneficiary Bank Code (Swift, Sort, Chip, etc.): (For International Wire Only) 42 EXHIBIT D BORROWING BASE CERTIFICATE Borrower: ForeScout Technologies, Inc. Leader: Silicon Valley Bank Commitment Amount: $6,000,000.00 ACCOUNTS RECEIVABLE
Financial Covenant Required Actual Complies. Maintain: Minimum Bookings (measured quarterly) $ * $ Yes No * Period Minimum Bookings Requirement 3-month period ending September 30, 2011 $9,600,000 6-month period ending December 31, 2011 $20,800,000 3-month period ending March 31, 2012 ** 6-month period ending June 30, 2012 ** 9-month period ending September 30, 2012 ** 12-month period ending December 31, 2012, and each applicable period ending on each fiscal quarter thereafter ** ** The minimum bookings requirement for each applicable cumulative period ending on the last day of each fiscal quarter shall be determined by Bank based on Borrower’s board-approved plan for such fiscal year delivered in accordance with Section 6.2, such covenant to be set in a manner (but not in amounts) consistent with the 2011 covenant. The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) FireEye, Inc. BANK USE ONLY Received by: By: AUTHORIZED SIGNER Name: Date: Title: Verified: AUTHORIZED SIGNER Date: Compliance Status: Yes No EXHIBIT E BORROWING RESOLUTIONS CORPORATE BORROWING CERTIFICATE BORROWER: FireEye, Inc. DATE: BANK: Silicon Valley Bank I hereby certify as follows, as of the date set forth above:
Financial Covenant Required Actual Complies. Maintain on a Monthly Basis: Minimum Tangible Net Worth $12,500,000 plus (i) 50% of new equity and sub debt plus (ii) 50% of quarterly net income on or after March 31, 2010 $_______ Yes No The following financial covenant analysis and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Energy and Power Solutions, Inc. By:__________________________________ Name:________________________________ Title:_________________________________ BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: Yes No
Financial Covenant Required Actual Complies. Maintain as indicated: Minimum Cash $3,000,000 $_______ Yes No Liquidity Coverage Ratio >1.50:1.00 :1.00 Yes No Minimum Adjusted EBITDA ** $ Yes No **See Section 6.9(c) Confidential and Proprietary CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE COPY FILED HEREWITH OMITS THE INFORMATION SUBJECT TO A CONFIDENTIALITY REQUEST. OMISSIONS ARE DESIGNATED [***]. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- XXXX INNOVATIONS INCORPORATEDLUNA TECHNOLOGIES, INC.ADVANCED PHOTONIX, INC.PICOMETRIX, LLC By: Name: Title: BANK USE ONLY Received by: _____________________ AUTHORIZED SIGNER Date: _________________________ Verified: ________________________ AUTHORIZED SIGNER Date: _________________________ Compliance Status: Yes No Confidential and Proprietary CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE COPY FILED HEREWITH OMITS THE INFORMATION SUBJECT TO A CONFIDENTIALITY REQUEST. OMISSIONS ARE DESIGNATED [***]. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. Schedule 1 to Compliance Certificate
Financial Covenant Required Actual Complies. Maintain, to be tested monthly, on a trailing three-month basis: Minimum EBITDA (maximum loss) * $________ Yes No *See Section 6.9(a) of the Loan Agreement The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) WORLD ENERGY SOLUTIONS, INC. By: ___________________________ Name: _________________________ Title: _________________________ WORLD ENERGY SECURITIES CORP. By: ___________________________ Name: _________________________ Title: __________________________ BANK USE ONLY Received by: ____________________________ authorized signer Date: __________________________________ Verified: ________________________________ authorized signer Date: __________________________________ Compliance Status: Yes No Schedule 1 to Compliance Certificate Financial Covenants of Borrower Dated: ____________________
Financial Covenant Required Actual Complies. Maintain at all times: Adjusted Quick Ratio (to be tested on the last day of each month) 1.50:1.0 ____:1.0 Yes No Tangible Net Worth (to be tested on the last day of each quarter) $* $________ Yes No *As set forth in Section 6.7(b) of the Agreement. The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state "No exceptions to note.") --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- CHYRON CORPORATION By: Name: Title: BANK USE ONLY Received by: _____________________ authorized signer Date: _________________________ Verified: ________________________ authorized signer Date: _________________________ Compliance Status: Yes No
Financial Covenant Required Actual Complies. Maintain on a Quarterly Basis: Minimum Trailing Six Month EBITDA (See Schedule 1) $ Yes No Minimum Subscription and Support Revenue (See Schedule 1) $ Yes No The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) YODLEE, INC. BANK USE ONLY Received by: AUTHORIZED SIGNER By: Date: Name: Verified: AUTHORIZED SIGNER Title: Date: Compliance Status: Yes No
Financial Covenant Required Actual Complies. Maintain on a Monthly Basis: Adjusted Quick Ratio 1.50:1.0 ______:1.0 Yes No
Financial Covenant Required Actual Complies. Maintain as indicated: Minimum EBITDA * $ Yes No Minimum Adjusted Quick Ratio 1.20 to 1.00 to 1.00 Yes No *See Section 6.9
