Fax No.: 0207 921 2201 Attention: European Legal Counsel
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Burdale
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Financial
Limited
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VIEWSONIC
EUROPE LIMITED
Riverside
House
7th
Floor
0x
Xxxxxxxxx Xxxxxx Xxxx
London
SE1
9HA
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Fax
No.:
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0000
000 0000
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Attention:
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European
Legal Counsel
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23
August
2007
Dear
Sirs,
Re
Viewsonic facilities with Burdale
We
refer
to the facility agreement dated 24 June 2004 between Viewsonic Europe Limited
(the Company) and certain affiliates of the Company in relation to
$20.000.000 credit facilities provided by Burdale Financial Limited
(Burdale)
(the Facility Agreement).
A term used in this letter and not otherwise defined
has the meaning set out in the Facility Agreement.
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1.
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Final
Repayment Date
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1.l
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The
Final Repayment Date is due to occur on 24 August
2007.
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1.2
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The
Company has asked Burdale to extend the Final Repayment Date to 24
December 2007 (the Extended Final Repayment
Date).
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1.3
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Burdale
is prepared to change the Final Repayment Date to the Extended Final
Repayment Date on the following
conditions:
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(a)
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the
Company pays the fee specified in paragraph
2.1;
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(b)
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the
Company represents and warrants that no Default or Event of Default
exists
as at the date of this letter;
and
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(c)
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each
Guarantor confirms that its guarantee under the Facility Agreement
is not
affected by. and continues in full force and effect notwithstanding,
the
extension of the facilities to the Extended Final Repayment
Date.
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2.
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Agreement
to conditions
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2.1
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A
fee of £75,000 is payable on the date of this
letter.
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2.2
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If
the Company countersigns this letter in the space indicated to accept
the
terms of this letter then the Company will be deemed to make the
representation and warranty set out in paragraph
1.3(b).
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2.3
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Each
Guarantor confirms by signing this letter in the space indicated
that its
guarantee under the Facility Agreement is not affected by, and continues
in full force and effect notwithstanding, the extension of the facilities
to the Extended Final Repayment
Date.
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3.
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General
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3.1
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This
letter is a Finance Document.
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3.2
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This
letter shall be governed by, and construed in accordance with,
English
Law.
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Yours
faithfully
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/s/Xxxxx
Xxxxxx
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/s/
Xxxxx Xxxxxxxx
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Burdale
Financial Limited
THE
COMPANY
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Signed
for and on behalf of
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)
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|||
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VIEWSONIC
EUROPE LIMITED
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)
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/s/
Xxxxxxx Xxxxxx
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Address:
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Riverside
House,
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)
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7th
Floor,
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)
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0x
Xxxxxxxxx Xxxxxx Xxxx,
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)
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London
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SE1
9HA
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)
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Fax
No.:
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0000
000 0000
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)
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Attention:
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European
Legal Counsel
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)
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/s/ Xxx Xxxxxx | |
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THE
ORIGINAL GUARANTORS
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Signed
for and on behalf of
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)
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VIEWSONIC
SARL
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)
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/s/ Xxxxxxx Xxxxxx | ||
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Address:
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Riverside
House
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)
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7th
Floor,
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)
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0x
Xxxxxxxxx Xxxxxx Xxxx
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)
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London,
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)
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SE1
9HA
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)
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Fax
No.:
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0000
000 0000
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) | ||
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Attention:
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European
Counsel
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)
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/s/ Xxx Xxxxxx | |
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Signed
for and on behalf of
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)
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VIEWSONIC
TECHNOLOGY GMBH
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)
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/s/ Xxxxxxx Xxxxxx | ||
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Address:
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Riverside
House,
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)
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7th
Floor,
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)
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0x
Xxxxxxxxx Xxxxxx Xxxx,
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)
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London
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SE1
9HA
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)
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Fax
No.:
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0000
000 0000
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)
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Attention:
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European
Legal Counsel
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)
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/s/ Xxx Xxxxxx | |
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THE
LENDER
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Signed
for and on behalf of
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)
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BURDALE
FINANCIAL LIMITED
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)
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/s/
Xxxxx Xxxxxx
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/s/Xxxxxx
Xxxxxxxx
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Address:
00 Xxxxx Xxxx Xxxxxx, Xxxxxx X0X 0XX
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)
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Fax
No.: 000 0000 0000
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)
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Attention:
Company Secretary
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