Common use of Reporting Covenant Clause in Contracts

Reporting Covenant. Required Complies ------------------ -------- -------- Monthly financial statements Monthly within 30 days Yes No Annual (CPA Audited) FYE within 90 days Yes No Financial Covenant Required Actual Complies ------------------ -------- ------ -------- Maintain on a Monthly Basis: Minimum Quick Ratio 1.50:1.00 ____:1.00 Yes No Liquidity 1.50:1.00* ____:1.00 Yes No Tangible Net Worth $ 700,000 $_______ Yes No *Except for months of January, February and March 1997 for which the covenant shall not be tested. --------------------------------------------- Comments Regarding Exceptions: See Attached BANK USE ONLY Received by:__________________________ Sincerely, AUTHORIZED SIGNER _______________________________ Date:_________________________________ SIGNATURE Verified:_____________________________ _______________________________ AUTHORIZED SIGNER TITLE Date:_________________________________ _______________________________ DATE Compliance Status: Yes No --------------------------------------------- EXHIBIT D NEGATIVE PLEDGE AGREEMENT This Negative Pledge Agreement is made as of December 10, 1996, by and between CROSSROADS SOFTWARE, INC. ("Borrower") and SILICON VALLEY BANK ("Bank"). In connection with the Loan Documents being concurrently executed between Borrower and Bank, Borrower agrees as follows:

Reporting Covenant. Required Complies ------------------ -------- -------- Monthly financial statements Monthly within 30 days Yes No 10K and 10Q 10 days of SEC filing date Yes No A/R & A/P Agings, Borrowing Base Cert. Monthly within 25 days Yes No A/R Audit Initial and Semi-Annual (CPA Audited) FYE within 90 days Yes No Financial Covenant Required Actual Complies ------------------ -------- ------ -------- Maintain on a Monthly Basis: Minimum Quick Ratio 1.50:1.00 1.25:1.00 _____:1.00 Yes No Liquidity 1.50:1.00* ____:1.00 Yes No Minimum Tangible Net Worth $ 700,000 * $________ Yes No *Except * Borrower shall maintain, as of the last day of each fiscal quarter, a Tangible Net Worth of not less than: (i) $42,000,000 for months the fiscal quarter ending Xxxxx 00, 0000, (xx) $27,000,000 for the fiscal quarter ending June 30, 2001, (iii) $15,000,000 for the fiscal quarter ending September 30, 2001, and (iv) $12,000,000 for the fiscal quarter ending December 31, 2001. Thereafter, Borrower shall maintain, as of Januarythe last day of each fiscal quarter, February and March 1997 for which the covenant shall a Tangible Net Worth of not be testedless than $12,000,000. --------------------------------------------- Comments Regarding Exceptions: See Attached BANK USE ONLY Attached. No Received by:____________________ Sincerely, AUTHORIZED SIGNER Date:___________________________ Sincerely, _______________________________________ Verified:_______________________ SIGNATURE AUTHORIZED SIGNER _______________________________________ Date:___________________________ TITLE Compliance Status Yes _______ SIGNATURE Verified:_____________________________ _______________________________ AUTHORIZED SIGNER TITLE Date:_________________________________ _______________________________ DATE Compliance Status: Yes No --------------------------------------------- EXHIBIT D NEGATIVE PLEDGE AGREEMENT This Negative Pledge Agreement is made as of December 10, 1996, by and between CROSSROADS SOFTWARE, INC. ("Borrower") and SILICON VALLEY BANK ("Bank"). In connection with the Loan Documents being concurrently executed between Borrower and Bank, Borrower agrees as follows:DATE

Reporting Covenant. Required Complies ------------------ -------- -------- Monthly financial statements + CC Monthly within 30 days Yes No Annual 10Q, 10K (CPA Audited) Quarterly/FYE (as applicable) within 90 Yes No 120 days or within 5 days of issuance A/R & A/P Agings Monthly within 30 days Yes No Backlog and Booking Reports Monthly within 30 days Yes No Borrowing Base Certificate Monthly within 30 days Yes No Budgets, sales projections, operating plans, or other Promptly after Lender requests Yes No financial information as Lender may request Financial Covenant Required Actual Complies ------------------ -------- ------ -------- Maintain on a Monthly BasisMaintain: Minimum Quick Ratio 1.50:1.00 (monthly) 0.70:1.00 _____:1.00 Yes No Liquidity 1.50:1.00* ____:1.00 Yes No Minimum Tangible Net Worth $ 700,000 (quarterly) $5,000,000 $________ Yes No *Except for months of January, February and March 1997 for which Have there been updates to Borrower's Intellectual Yes No Property? Borrower only has deposit accounts located at the covenant shall not be tested. --------------------------------------------- following institutions: Comments Regarding Exceptions: See Attached BANK USE ONLY Received by:attached. Sincerely, California Micro Devices Corporation __________________________ Sincerely, AUTHORIZED SIGNER _______________________________ SIGNATURE ________________________________________________ TITLE ________________________________________________ DATE BANK USE ONLY Rec'd By:______________________________________ Authorized Signer Date:_________________________________ SIGNATURE Verified:_____________________________ Verified:______________________________________ AUTHORIZED SIGNER TITLE Authorized Signer Date:_________________________________ _______________________________ DATE Compliance Status: Yes No --------------------------------------------- EXHIBIT D NEGATIVE PLEDGE AGREEMENT This Negative Pledge Agreement E Collateral Control and Related Provisions on Event of Default Without limiting Bank's other rights and remedies, if an Event of Default occurs and is made as of December 10continuing, 1996, by and between CROSSROADS SOFTWARE, INC. the following provisions (the "BorrowerCollateral Control Provisions") and SILICON VALLEY BANK ("Bank"). In connection with shall be effective immediately upon notice by Bank to the Loan Documents being concurrently executed between Borrower and Bank, Borrower agrees as followsBorrower:

Reporting Covenant. Required Complies ------------------ -------- --------- -------- Monthly financial statements + CC Monthly within 30 days Yes No Annual (CPA Audited) FYE within 90 120 days Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No A/R & A/P Agings Monthly within 30 days Yes No A/R Audit Initial and Annual Yes No Borrowing Base Certificate Monthly within 30 days Yes No Financial Covenant Required Actual Complies ------------------ -------- --------- ------ -------- Maintain on a Monthly Basis: Minimum Quick Ratio (Adjusted) 1.50:1.00 _____:1.00 Yes No Liquidity 1.50:1.00Profitability: Quarter ending 3/31/01 *$ 500,00** $____:1.00 Yes No Tangible Net Worth $ 700,000 $_______ Yes No Quarter ending 6/30/01 *Except for months of January$2,300,00** $_________ Yes No Quarter ending 9/30/01 *$1,000,00** $_________ Yes No Quarter ending 12/31/02 $1 $_________ Yes No Have there been updates to Borrower's intellectual property, February and March 1997 for which the covenant shall not be tested. --------------------------------------------- if appropriate? Yes / No __________________________________ Comments Regarding Exceptions: See Attached Attached. BANK USE ONLY Received byBy:_____________________ AUTHORIZED SIGNER Sincerely, Date:____________________________ SincerelyBRIO TECHNOLOGY, INC. Verified:________________________ AUTHORIZED SIGNER _______________________________ Signature Date:_________________________________ SIGNATURE Verified:_____________________________ _______________________________ AUTHORIZED SIGNER TITLE Date:Title _______________________________ Compliance Status: Yes No Date _________________________________ * Less than ** Greater than CORPORATE BORROWING RESOLUTION Borrower: BRIO TECHNOLOGY, INC. Bank: Silicon Valley Bank 0000 Xxxxx Xxxxxxx Xxxxxxx, 0000 Xxxxxx Xxxxx Xxxxx Xxxxx, XX 00000 Xxxxx Xxxxx, XX 00000-0000 I, the Secretary or Assistant Secretary of BRIO TECHNOLOGY, INC. ("Borrower"), CERTIFY that Borrower is a corporation existing under the laws of the State of California. I certify that at a meeting of Borrower's Directors (or by other authorized corporate action) duly held the following resolutions were adopted. It is resolved that any one of the following officers of Borrower, whose name, title and signature is below: NAMES POSITIONS ACTUAL SIGNATURES ----- --------- ----------------- ________________________ _____________________ __________________________ ________________________ _____________________ DATE Compliance Status__________________________ ________________________ _____________________ __________________________ ________________________ _____________________ __________________________ may act for Borrower and: Yes No --------------------------------------------- EXHIBIT D NEGATIVE PLEDGE AGREEMENT This Negative Pledge Agreement is made as of December 10, 1996, by and between CROSSROADS SOFTWARE, INCBorrow Money. ("Borrower") and SILICON VALLEY BANK Borrow money from Silicon Valley Bank ("Bank"). In connection with the Loan Documents being concurrently executed between Borrower and Bank, Borrower agrees as follows:.

Reporting Covenant. Required Complies ------------------ -------- -------- Monthly financial statements Monthly within 30 10-Q, 10-K and 8-K Within 5 days Yes No Annual (CPA Audited) FYE within 90 days after filing with SEC Yes No Financial Covenant Required Actual Complies ------------------ -------- ------ -------- Maintain on a Monthly Basis: Minimum Quick Ratio 1.50:1.00 Cash and Unrestricted Marketable Securities $100,000,000 $____:1.00 Yes No Liquidity 1.50:1.00* ____:1.00 Yes No Tangible Net Worth $ 700,000 $_______ Yes No *Except for months of January, February and March 1997 for which the covenant shall not be tested. --------------------------------------------- Comments Regarding ExceptionsMaintain on a Quarterly Basis: See Attached BANK USE ONLY Received by:Net Debt to Annualized Quarterly Revenues Yes No through 3/31/00 4.00 : 1.00 _______:1.00 from 4/01/00 to 6/30/00 3.50 : 1.00 _______:1.00 after 6/30/00 2.50 : 1.00 _______:1.00 Revenues for trailing 12 mos. Yes No as of 3/31/00 $200,000,000 $__________ as of 6/30/00 $250,000,000 $__________ as of 9/30/00 and thereafter $300,000,000 $__________ EBITDA for trailing 12 mos. Yes No as of 3/31/00 ($34,000,000) $__________ as of 6/30/00 ($10,000,000) $__________ as of 9/30/00 and thereafter $22,000,000 $__________ NEW OFFICES -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- --------------------------------- Comments Regarding Exceptions: See Attached. BANK USE ONLY Sincerely, Received by: ____________________ Sincerely, AUTHORIZED SIGNER _______________________________ Date:_________________________________ SIGNATURE VerifiedDate:_____________________________ __________________________________ Verified: _______________________ TITLE AUTHORIZED SIGNER TITLE Date:__________________________________ ____Date: ___________________________ DATE Compliance Status: Yes No --------------------------------------------- EXHIBIT D NEGATIVE PLEDGE --------------------------------- FIRST AMENDMENT --------------- TO -- AMENDED AND RESTATED -------------------- LOAN AND SECURITY AGREEMENT This Negative Pledge Agreement --------------------------- THIS FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (the "Amendment") is made entered into as of December 10, 1996April 28,2000, by and between CROSSROADS SOFTWAREamong SILICON VALLY BANK as Agent and a Bank (the "Agent"), EXODUS COMMUNICATIONS, INC. ., a Delaware corporation as borrower (the "Borrower"), and those certain financial institutions from time to time party to that certain Amended and Restated Loan and Security Agreement dated as of March 8, 2000 (the "Loan Agreement") and SILICON VALLEY BANK as Banks (the "BankBanks"). In connection with Unless otherwise defined herein, each capitalized term used in this Agreement shall have the meaning accorded to it in the Loan Documents being concurrently executed between Borrower and Bank, Borrower agrees as follows:Agreement. RECITALS --------

Reporting Covenant. Required Complies ------------------ -------- -------- Monthly Quarterly financial statements Monthly Quarterly within 30 45 days Yes No Annual (CPA Audited) FYE within 90 days Yes No A/R Agings Monthly within 30 days Yes No (if Outstandings under LOC) Financial Covenant Required Actual Complies ------------------ -------- ------ -------- Maintain on a Monthly Quarterly Basis: Minimum Quick Ratio 1.50:1.00 ____1.0:1.0 :1.00 1.0 Yes No Liquidity 1.50:1.00* ____:1.00 Yes No ----- Minimum Tangible Net Worth 12/31/98 $40,000,000 $ 700,000 $_______ Yes No --------- 3/31/99* $ $ Yes No ----------- --------- 6/30/99* $ $ Yes No ----------- --------- 9/30/99* $ $ Yes No ----------- --------- 12/31/99* $ $ Yes No ----------- --------- 3/31/00* $ $ Yes No ----------- --------- *Except for months of January, February and March 1997 for which the covenant shall (Steps Up Quarterly by 80% Net Income)* Profitability: Quarterly Max. 1 loss not be tested. --------------------------------------------- to exceed 8mm $ Yes No --------- Annually $1 $ Yes No --------- ==================================== BANK USE ONLY RECEIVED BY: -------------------- DATE: ---------------- REVIEWED BY: -------------------- COMPLIANCE STATUS: YES / NO ==================================== -40- 40 Comments Regarding Exceptions: See Attached BANK USE ONLY Received by:__________________________ Sincerely, AUTHORIZED SIGNER _______________________________ Date:_________________________________ : ------------------------ ------------ SIGNATURE Verified:_____________________________ _______________________________ AUTHORIZED SIGNER ------------------------ TITLE Date:_________________________________ _______________________________ DATE Compliance Status: Yes No --------------------------------------------- EXHIBIT D NEGATIVE PLEDGE AGREEMENT This Negative Pledge Agreement is made as of December 10-41- 41 SCHEDULE 7.5 PERMITTED ENCUMBRANCES EXISTING WAREHOUSE LIENS, 1996OR WAREHOUSE LIENS THAT MAY BE CREATED IN THE FUTURE, by and between CROSSROADS SOFTWARETHAT ARE JUNIOR AND SUBORDINATE TO ANY LIENS CREATED IN FAVOR OF BANK. NOTWITHSTANDING THE FOREGOING, INC. ("Borrower") and SILICON VALLEY BANK ("Bank"). In connection with the Loan Documents being concurrently executed between Borrower and Bank, Borrower agrees as follows:SUCH LIENS MAY PERMIT A STORAGE FACILITY TO SELL ASSETS TO THE EXTENT NECESSARY TO SATISFY OUTSTANDING OVERDUE STORAGE CHARGES.

Reporting Covenant. Required Complies ------------------ -------- -------- Monthly financial statements + CC Monthly within 30 days Yes No Annual (CPA Audited) FYE within 90 120 days Yes No A/R & A/P Agings + BBC* Monthly within 120 days Yes No * when there are outstanding Advances or with the initial Advance Financial Covenant Required Actual Complies ------------------ -------- ------ -------- Maintain on a Monthly Basis: Minimum Quick Ratio 1.50:1.00 1.25:1.00 _____:1.00 Yes No Liquidity 1.50:1.00* ____:1.00 Yes No Minimum Tangible Net Worth $ 700,000 + Sub. Debt $3,500,000 $_________ Yes No *Except for months of January, February and March 1997 for which the covenant shall not be tested. --------------------------------------------- Comments Regarding ExceptionsMaximum Debt/Tangible Net Worth 1.00:1.00 _____:1.00 Yes No Profitability: See Attached BANK USE ONLY Received by:Quarterly $_________ Yes No Losses not to exceed: $150,000 for the quarter ended March Yes No 31, 1998, $150,000 for the quarter ending June 30, 1998, and $150,000 for the quarter ending September 30, 1998 --------------------------------- Comments Regarding Exceptions: See Attached. BANK USE ONLY Sincerely, Received by: ___________________ Sincerely, AUTHORIZED SIGNER _______________________________ NATUS MEDICAL INCORPORATED Date:_________________________________ SIGNATURE Verified:___: __________________________ _____________________________ Signature Verified: ______________________ AUTHORIZED SIGNER TITLE Date:_________________________________ Title Date: _______________________________ DATE Compliance Status: Yes No --------------------------------------------- EXHIBIT D NEGATIVE PLEDGE AGREEMENT This Negative Pledge Agreement is made as of December 10, 1996, by and between CROSSROADS SOFTWARE, INC. ("Borrower") and SILICON VALLEY BANK ("Bank"). In connection with the Loan Documents being concurrently executed between Borrower and Bank, Borrower agrees as follows:

Reporting Covenant. Required Complies ------------------ -------- -------- Monthly financial statements Monthly within 30 days Yes No Annual (CPA Audited) Audited FYE within 90 120 days Yes No Financial Covenant Required Actual Complies ------------------ -------- ------ -------- Maintain on a Monthly Basis: Minimum Quick Ratio 1.50:1.00 ____:1.00 Yes No Liquidity 1.50:1.00* ____:1.00 Yes No Tangible Net Worth $ 700,000 $3,000,000 $_________ Yes No *Except for months of January, February and March 1997 for which the covenant shall not be tested. --------------------------------------------- Comments Regarding Exceptions: See Attached BANK USE ONLY Received by:--------- Maximum Debt/Tangible Net Worth 1.50:1.00 _________________:1.00 Yes No ---- Minimum Cash Coverage * $_________ Sincerely, AUTHORIZED SIGNER ______________________Yes No Maintain on a Quarterly Basis: Debt Service Coverage * $_________ Date:Yes No Profitability * $_________ Yes No * See attached Schedule __________________________________ SIGNATURE Verified:Comments Regarding Exceptions: See Attached. BANK USE ONLY Received by: ___________________ Sincerely, AUTHORIZED SIGNER /s/ Xxxxxx X. Xxxxxxx Date: __________________________ --------------------------------------- SIGNATURE Verified: ______________________ _______________________________________ AUTHORIZED SIGNER TITLE Date: __________________________ _______________________________________ AUTHORIZED SIGNER TITLE Date:DATE Compliance Status: Yes No __________________________________ _______________________________ DATE Compliance StatusSCHEDULE D COMPLIANCE CERTIFICATE MINIMUM LIQUIDITY: Yes No --------------------------------------------- EXHIBIT D NEGATIVE PLEDGE AGREEMENT This Negative Pledge Agreement is made as of December 10, 1996, by and between CROSSROADS SOFTWARE, INC. ("Borrower") and SILICON VALLEY BANK ("Bank"). In connection with the Loan Documents being concurrently executed between Borrower and Bank, Borrower agrees as follows:DEBT SERVICE COVERAGE: ----------------------------------------

Reporting Covenant. Required Complies --------------------------------------- ------------------------------- ------------------ -------- -------- Monthly financial statements + CC Monthly within 30 45 days Yes No Annual (CPA Audited) FYE within 90 120 days Yes No A/R & A/P Agings* Monthly within 20 days Yes No A/R Audit Initial and Semi-Annual Yes No Borrowing Base Certificate* Monthly within 20 days Yes No *at such times as outstandings exist and prior to any disbursement if no outstandings exist Financial Covenant Required Actual Complies ------------------ -------- ------ -------- --------------------------------------- ----------------------- ------------- --------------- Maintain on a Monthly Basis: Minimum Quick Ratio 1.50:1.00 ____:1.00 Yes No Liquidity 1.50:1.00* ____:1.00 Yes No Minimum Tangible Net Worth $ 700,000 New Work $1,500,000 plus $_______ Yes No *Except for months 50% of January, February and March 1997 for which the covenant shall not be tested. --------------------------------------------- Comments Regarding Exceptions: See Attached BANK USE ONLY Received by:new equity Maximum Debt/Tangible New Worth 1.00:1.00 ___________________:1.00 Yes No Profitability: beginning 9/30/98 Quarterly $_______ Yes No and thereafter Losses not to exceed: $500,000 for the three (3) months ending Yes No 3/31/98; and $200,000 for the three (3) months ending 6/30/98 Comments Regarding Exceptions: See Attached ----------------------------------- | BANK USE ONLY | Sincerely, AUTHORIZED SIGNER | ------------- | | | | Received By: | CLARENT CORPORATION | -------------------- | | Authorized Signature | | Date: | _______________________________ Date:_________________________________ SIGNATURE Verified:| ---------------------- | Signature | Verified | | -------------------- | | Authorized Signature | _____________________________ _______________________________ AUTHORIZED SIGNER TITLE Date:_________________________________ | Date: | Title | ----------------------- | | Compliance Status: Yes No | ----------------------------------- __________________________________ DATE Compliance Status: Yes No --------------------------------------------- EXHIBIT D NEGATIVE PLEDGE AGREEMENT This Negative Pledge Agreement is made as of December 10, 1996, by and between CROSSROADS SOFTWARE, INC. ("Borrower") and Date SILICON VALLEY BANK ("Bank"). In connection with PRO FORMA INVOICE FOR LOAN CHARGES BORROWER: CLARENT CORPORATION LOAN OFFICER: Xxxxx Xxxx DATE: May 22, 1998 Revolving Loan Fee $12,000.00 Credit Report 35.00 UCC Search Fee 150.00 UCC Filing Fee 40.00 Intellectual Property Filing Fees 550.00 TOTAL FEE DUE $12,775.00 ------------- ========== Please indicate the Loan Documents being concurrently executed between Borrower and Bank, Borrower agrees as followsmethod of payment:

Reporting Covenant. Required Complies ------------------ ----------------- -------- -------- Monthly Quarterly financial statements Monthly Quarterly within 30 45 days Yes No Annual (CPA Audited) FYE within 90 days Yes No A/R & A/P Agings Quarterly within 45 days Yes No A/R Audit Initial and Semi-Annual Yes No Financial Covenant Required Actual Complies ------------------ -------- ------ -------- Maintain on a Monthly Quarterly Basis: Minimum Quick Ratio 1.50:1.00 ____:1.00 Yes No Liquidity 1.50:1.00* Minimum Tangible Net Worth $19,000,000 $________ Yes No Debt-Tangible Net Worth 1.00:1.00 ____:1.00 Yes No Tangible Net Worth $ 700,000 Profitability/Loss $1.00* $________ Yes No *Except for months of January, February and March 1997 for which the covenant shall not be tested11/30/97 Loss <$7,500,000; 2/28.98 Loss <$2,000,000. --------------------------------------------- -------------------------------------------------- Comments Regarding Exceptions: See Attached Attached. BANK USE ONLY Sincerely, Received by:__________________________ Sincerely, : ---------------------------------- ------------------------------------------------------- AUTHORIZED SIGNATURE SIGNER ------------------------------------------------------- Date: TITLE ----------------------------------------- ------------------------------------------------------- Verified: DATE ------------------------------------- AUTHORIZED SIGNER _______________________________ Date:_________________________________ SIGNATURE Verified:_____________________________ _______________________________ AUTHORIZED SIGNER TITLE Date:_________________________________ _______________________________ DATE : ----------------------------------------- Compliance Status: Yes No --------------------------------------------- EXHIBIT D NEGATIVE PLEDGE AGREEMENT This Negative Pledge Agreement is made as of December 10, 1996, by and between CROSSROADS SOFTWARE, INC. ("Borrower") and SILICON VALLEY BANK ("Bank"). In connection with the Loan Documents being concurrently executed between Borrower and Bank, Borrower agrees as follows:----------------------------------------------