0000950134-04-019989 Sample Contracts

AMENDMENT NO. 3 TO LOAN AND SECURITY AGREEMENT DATED FEBRUARY 4, 2004, BETWEEN DELPHAX TECHNOLOGIES INC. AND LASALLE BUSINESS CREDIT, LLC AND WAIVER OF DEFAULTS
Loan and Security Agreement • December 29th, 2004 • Delphax Technologies Inc • Printing trades machinery & equipment

This Amendment No. 3 and Waiver of Defaults (this “Amendment”), made and entered into as of December 21, 2004, is by and between Delphax Technologies Inc., a Minnesota Corporation (the “U.S. Borrower”), LaSalle Business Credit, LLC, a Delaware limited liability company (the “U.S. Lender”), Delphax Technologies Canada Limited, a corporation organized under the laws of the province of Ontario (the “Canadian Borrower” and collectively with the U.S. Borrower, the “Borrowers”), and ABN Amro Bank N.V., Canada Branch, a Canadian branch of a Netherlands bank (the “Canadian Lender,” and collectively with the U.S. Lender, the “Lenders”).

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AMENDMENT NO. 2 TO LOAN AND SECURITY AGREEMENT DATED FEBRUARY 4, 2004, BETWEEN DELPHAX TECHNOLOGIES INC. AND LASALLE BUSINESS CREDIT, LLC
Loan and Security Agreement • December 29th, 2004 • Delphax Technologies Inc • Printing trades machinery & equipment

This Amendment No. 2 (this “Amendment”), made and entered into as of July 30, 2004, is by and between Delphax Technologies Inc., a Minnesota Corporation (the “U.S. Borrower”) and LaSalle Business Credit, LLC, a Delaware limited liability company (the “U.S. Lender”).

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