AMENDMENT NUMBER NINE TO CREDIT AGREEMENTCredit Agreement • November 15th, 2010 • Teltronics Inc • Telephone & telegraph apparatus
This Amendment Number Nine to Credit Agreement (“Amendment”) is entered into as of November 15, 2010, by and among the lenders identified on the signature pages hereof (such lenders, together with their respective successors and permitted assigns, are referred to hereinafter each individually as a “Lender” and collectively as the “Lenders”), and WELLS FARGO CAPITAL FINANCE, INC., a California corporation, formerly known as Wells Fargo Foothill, Inc., as the arranger and administrative agent for the Lenders (in such capacity, together with its successors and assigns in such capacity, “Agent”), on the one hand, and TELTRONICS, INC., a Delaware corporation (“Borrower”), on the other hand, with reference to the following facts:
LEASE between 1979 MARCUS AVENUE ASSOCIATES, LLC “Landlord” andLease • November 15th, 2010 • Teltronics Inc • Telephone & telegraph apparatus • New York
LEASE, dated September 10, 2010, between 1979 MARCUS AVENUE ASSOCIATES, LLC, a Delaware limited liability company, having an office at 301 Route 17 North, 9th Floor, Rutherford, New Jersey 07070 (herein called “Landlord”) and TELTRONICS, INC., a Delaware corporation, having an office at 2511 Corporate Way, Palmetto, Florida 34221 (herein called “Tenant”).
