1
EXHIBIT 10.2
AMENDMENT TO LOAN AND SECURITY AGREEMENT COAST BUSINESS CREDIT
--------------------------------------------------------------------------------
COAST
AMENDMENT #1 TO
LOAN AND SECURITY AGREEMENT
BORROWER: CYBERGUARD CORPORATION,
A FLORIDA CORPORATION
ADDRESS: 0000 XXXX XXXXXXXXXX XXXXXXXXX
XXXXX 000
XXXX XXXXXXXXXX, XXXXXXX 00000
BORROWER: TRADEWAVE CORPORATION,
A FLORIDA CORPORATION
ADDRESS: 0000 XXXXXXXXX XXXXXX XXXXX
XXXXX 000
XXXXXX, XXXXX 00000
DATE: DECEMBER __, 1997
Section 5.2 of the Schedule to the Loan and Security Agreement of even date
herewith is amended to read as follows:
"Section 5.2 - Minimum
Availability: BORROWER SHALL HAVE MINIMUM BORROWING
AVAILABILITY IMMEDIATELY FOLLOWING THE
INITIAL FUNDING IN AN AMOUNT OF NOT LESS
THAN ONE MILLION NINE HUNDRED THOUSAND
DOLLARS ($1,900,000.00)"
Except as expressly modified herein, all other terms and conditions of the
Schedule remain unchanged.
[SIGNATURES ON FOLLOWING PAGE]
1
2
COAST:
COAST BUSINESS CREDIT(R),
a division of Southern Pacific Bank,
a California corporation
By
----------------------------------
Title:
------------------------------
BORROWERS:
CYBERGUARD CORPORATION,
A FLORIDA CORPORATION
By
----------------------------------
Title:
------------------------------
TRADEWAVE CORPORATION,
A FLORIDA CORPORATION
By
----------------------------------
Title:
------------------------------
2
