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EXHIBIT 10.29g
[THE CIT GROUP LETTERHEAD]
December 16, 1996
Xircom, Inc.
Primary Rate Incorporated
0000 Xxxxxxxxx Xxxxxx Xxxxx
Xxxxxxxx Xxxx, XX 00000-0000
Attention: Xxxxxx X. XxXxxxxxx, Vice President & CFO
RE: LOAN AND SECURITY AGREEMENT DATED NOVEMBER 8, 1995 AND ANY AND ALL
AMENDMENTS THERETO ENTERED INTO BETWEEN XIRCOM, INC., PRIMARY RATE
INCORPORATED (COLLECTIVELY "BORROWER") AND THE CIT GROUP/CREDIT FINANCE,
INC. ("LENDER") (THE "AGREEMENT")
AMENDMENT #3
Dear Xxxxx:
In confirmation of our understanding, the above-captioned Agreement is hereby
amended, effective immediately, as set forth below. To the extent of any
inconsistencies between this letter-amendment and the Agreement, the terms and
conditions set forth below shall govern. In all other respects the Agreement
shall remain in full force and effect.
1. The Term of the Agreement as set forth in Section 9.1 is hereby
extended. The Agreement shall now terminate on January 1, 1997 rather
than on December 18, 1996.
2. In consideration for this accommodation, you agree to pay a fee of
$6,250.00 which shall be charged to your loan account upon execution of
this letter-amendment.
If the foregoing correctly sets forth our agreement please so acknowledge by
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December 16, 1996
Page 2 of 2
signing the original of this letter-amendment below and returning the same to
the undersigned.
Very truly yours,
The CIT Group/
Credit Financial, Inc.
Xxxx X. Xxxxxx
Assistant Vice President
All of the foregoing is hereby approved and agreed to.
Xircom, Inc. Primary Rate Incorporated
By [SIG] By [SIG]
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Title CFO Title CFO
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