FIRST AMENDMENT TO BUSINESS LOAN AND SECURITY AGREEMENTBusiness Loan and Security Agreement • April 24th, 2007 • Iridex Corp • Electromedical & electrotherapeutic apparatus
This First Amendment (“First Amendment”) dated as of April 19, 2007, for reference purposes, is made to the BUSINESS LOAN AND SECURITY AGREEMENT (the “Domestic Agreement”) entered into as of January 16, 2007, by and between Mid-Peninsula Bank, part of Greater Bay Bank N.A. (“Bank”) and Iridex Corporation (“Borrower”), combining two credit facilities provided by Bank to Borrower, with one facility being a $6,000,000 principal amount asset-based revolving line of credit (“Line of Credit”) and the other facility being a $6,000,000 principal amount term loan (“Term Loan”).
FIRST AMENDMENT TO EXPORT-IMPORT BANK LOAN AND SECURITY AGREEMENTLoan and Security Agreement • April 24th, 2007 • Iridex Corp • Electromedical & electrotherapeutic apparatus
This First Amendment (“First Amendment”) dated as of April 19, 2007, for reference purposes, is made to the EXPORT-IMPORT BANK LOAN AND SECURITY AGREEMENT (the “Exim Agreement”) entered into as of January 16, 2007, by and between Mid-Peninsula Bank, part of Greater Bay Bank N.A. (“Bank”) and Iridex Corporation (“Borrower”), relating to a working capital facility provided to Borrower by Bank and guaranteed by Export-Import Bank of the United States in the principal amount of up to $3,000,000.
April 23, 2007And Security Agreement • April 24th, 2007 • Iridex Corp • Electromedical & electrotherapeutic apparatus
Mr. Barry G. Caldwell President and Chief Executive Office Ms. Meryl Rains Vice President and Chief Financial Officer Iridex Corporation 1212 Terra Bella Mountain View, CA 94043-1824
