AMENDMENT TO CREDIT AGREEMENT
FIRST AMENDMENT TO CREDIT AGREEMENT
THIS FIRST AMENDMENT is entered into as of September 27, 1995 by and
between MADE2MANAGE SYSTEMS, INC. f/k/a TEKSYN, INC. (the "Borrower") and NBD
Bank, N.A. (the "Bank").
WITNESSETH:
WHEREAS, Borrower and Bank have entered into a certain Credit Agreement
dated as of June 9, 1995 as amended (the "Agreement"); and
WHEREAS, the Borrower has requested and the Bank has agreed to an increase
in the maximum aggregate amount of Facility B described in the Agreement; and
NOW THEREFORE, in consideration of the premises and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties agree as follows:
(1) The maximum aggregate amount of Facility B is hereby increased from
$112,500.00 to $212,500.00.
(2) Upon execution of this agreement, the Borrower shall pay the Bank the
following fees, all of which the Borrower acknowledges have been earned by
the Bank: a documentation fee of $250.00.
(3) The following is to be added to the Agreement as Section 7.6 D.
D. Within 30 days after and as of the end of each calendar quarter, a
compliance certificate, certified as correct by one of its authorized
agents.
(4) The following is to be added to the Agreement as Section 8.3 H.
H. Leases. Contract for or assume in any manner capitalized lease
obligations if the aggregate of all payments shall exceed $30,000.00
in any one fiscal year without prior NBD notification.
(5) Except as modified herein, the Agreement, as heretofore amended, shall
remain unchanged and in fill force and effect.
IN WITNESS WHEREOF, the parties have caused this First Amendment to be
entered into and effective as of the date first hereinabove written.
MADE2MANAGE SYSTEMS, INC.
By: /s/ Xxxxx X. Xxxxxxx
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Xxxxx X. Xxxxxxx President
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Printed Name Title
NBD BANK, N.A.
By: /s/ Xxxxxxx X. Xxxxxx
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Xxxxxxx X. Xxxxxx AVP
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Printed Name Title
Address: Xxx Xxxxxxx Xxxxxx
Xxxxxxxxxxxx, Xxxxxxx 00000