WAIVER TO THE GUARANTEE AND SECURITY AGREEMENTThe Guarantee and Security Agreement • February 12th, 2008 • Mandalay Media, Inc. • Services-prepackaged software
This WAIVER TO THE GUARANTEE AND SECURITY AGREEMENT (this “Waiver”) relates to that Guarantee and Security Agreement, dated July 30, 2007 (the “Guarantee”) by and among TWISTBOX ENTERTAINMENT, INC., a Delaware corporation (the “Company”), certain subsidiaries of the Company and VALUEACT SMALLCAP MASTER FUND, L.P. (the “Investor”) and is made and entered into as of February 12, 2008 by and between the Company and the Investor. Capitalized terms used and not otherwise defined in this Waiver are used herein as defined in the Guarantee.
