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EXHIBIT 10.1
FIRST AMENDMENT TO CREDIT AGREEMENT
This First Amendment ("Amendment") amends that certain Credit Agreement
("Agreement") dated April 18, 1999 by and between Tekelec ("Borrower") and
Imperial Bank ("Bank") as follows:
1. Section 4.9 of the Agreement is hereby amended in its entirety to read as
follows:
DEBT TO NET WORTH. Maintain on a quarterly basis a consolidated ratio of
total liabilities to Net Worth of not greater than 2.00:1.00
Except as provided above, the Agreement remains unchanged.
5. This Amendment is effective as of July 30, 1999, and the parties hereby
confirm that the Agreement as amended is in full force and effect.
TEKELEC IMPERIAL BANK
"BORROWER" "BANK"
By: /s/ XXXXXX X. XXXXX By: /s/ XXXX XXXXX
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Its: V.P. Finance and CFO Its: Vice President
By: /s/ XXXXXXX X. XXXXXXXX
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Its: President and CEO
