First Amendment to the REVOLVING CREDIT AGREEMENT
First Amendment to the REVOLVING CREDIT AGREEMENT
WISeKey International Holding AG. of Xxxxxxx-Xxxxxx-Xxxxxxx 0, Xxx, XX-0000, Xxxxxxxxxxx
("LENDER") and WISeKey Semiconductors SAS (formerly named VaultIC
SAS) of Arteparc Bachasson,Bat A, Rue de la xxxxxxxx xx Xxxxxxxxx, 00000 Xxxxxxxx, Xxxxxx,
corporation ("BORROWER") enter into this First amendment to Revolving Credit Agreement (this Amendment) as of November 1st
2017 (the “EFFECTIVE DATE”).
On October 1st 2016 the Lender and the Borrower signed a Revolving Credit Agreement (this "AGREEMENT") beginning on
October 1st 2016 and ending on December 31st 2017.
Both parties now wish to extend the credit term to December 31st 2019, being the new maturity date (“NEW MATURITY
DATE”).
1. Amendments to Revolving Credit Agreement
A. Section 1.2 is amended to read as follows:
A. except as amended hereby, all terms and condictions of the Agreement remain in full force and effect.
Signature in two (2) originals, one (1) one for each party are on the next page:
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WISeKey Semiconductors SAS (formerly Vault-IC SAS) Arteparc Bachasson, Bat A Rue de la xxxxxxxx xx Xxxxxxxxx 00000 Xxxxxxxx Xxxxxx |
WISeKey International Holding AG General-Guisan-Str.6 CH-6300 Zug Switzerland |
Signature: /s/Xxxxx Xxxx | Signature: /s/Xxxxx Xxxx /s/ Xxxxxx Xxxxxxx |
Printed Name: Xxxxx Xxxx
|
Printed Name: Xxxxx Xxxx / Xxxxxx Xxxxxxx |
Title: President | Title: CFO / CEO |