SECURITY AGREEMENTSecurity Agreement • August 28th, 2020 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries
THIS SECURITY AGREEMENT (“Agreement”) dated August 28, 2020 is entered into between DAKTRONICS, INC., a South Dakota corporation, as grantor and obligor (the “Debtor”), with an address of 201 Daktronics Drive, Brookings, South Dakota 57006 and U.S. BANK NATIONAL ASSOCIATION, a national banking association, with an address of 141 North Main Avenue, Sioux Falls, South Dakota 57104 (together with its successors and assigns, the “Secured Party”), and is executed and delivered by Debtor to Secured Party pursuant to the Credit Agreement between Debtor and Secured Party dated November 15, 2016 (as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, the “Credit Agreement”).
THIRD AMENDMENT TO CREDIT AGREEMENTCredit Agreement • August 28th, 2020 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries
This Third Amendment to Credit Agreement (“Amendment”) dated August 28, 2020 is entered into between DAKTRONICS, INC., a South Dakota corporation (the “Borrower”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association (together with its successors and assigns, the “Lender”).
