Exhibit EX-10.35
10-QSB 03-31-97
Page 1 of 2
AMENDMENT TO
LOAN AGREEMENT
Amendment #3
Dated: April 30, 1997
The LOAN AGREEMENT dated October 1, 1996 (the "Agreement"), between Concord
Growth Corporation, a California Corporation, and Source Scientific, Inc.; Xxxxx
Instruments Corporation; and , Source Scientific Systems, Inc., (jointly and
severally as co-borrowers, may hereinafter to referred to individually, or
collectively as, "Borrower"), are hereby amended in the specific section(s) as
follows:
Section 1.1 (b) Loans. Notwithstanding the terms and conditions
contained therein, the Maximum Credit shall be
Five Hundred Thousand Dollars ($500.000).
Section 2.5 Monthly Minimum Fee. Notwithstanding the terms
and conditions contained therein, the Monthly Min-
imum Fee shall be Four Thousand Dollars ($4,000).
Section 8.2. Effectiveness: Term Notwithstanding the terms
and conditions contained therein, this Agree-
ment shall continue in full force and effect for
a term of three (3) months from the date hereof
and all Obligations shall be due and payable
in full at the expiration of said renewal Term.
The Amendment affects only the above listed Section(s) of the Agreement and all
other provisions of the Agreement shall remain unchanged and in force as written
or thereafter amended in writing.
(Signatures appear on the following page)
Exhibit EX-10.35
10-QSB 03-31-97
Page 2 of 2
This Amendment shall become effective when it is accepted and executed by an
authorized officer of Lender.
AGREED:
CO-BORROWER:
Source Scientific, Inc.
BY: /S/ M.A. SHAWKY
M. A. Shawky, CFO
(PRINT NAME AND TITLE)
DATE: 4-29-97
CO-BORROWER:
Xxxxx Instruments Corporation
Source Scientific, Inc.
BY: /S/ M.A. SHAWKY
M. A. Shawky, CFO
(PRINT NAME AND TITLE)
DATE: 4-29-97
CO-BORROWER:
Source Scientific Systems, Inc.
BY: /S/ M.A. SHAWKY
M. A. Shawky, CFO
(PRINT NAME AND TITLE)
DATE: 4-29-97
ACCEPTED:
LENDER:
CONCORD GROWTH CORPORATION
BY:_________________________________
---------------------------------
(PRINT NAME AND TITLE)
DATE:______________________________