Exhibit 10.21
FOURTH AMENDMENT TO REVOLVING LOAN AGREEMENT BETWEEN
AMSOUTH BANK AND SURGICAL LASER TECHNOLOGIES DATED MAY 31, 2000
RESOLVED, that effective January 1, 2003, AmSouth Bank and Surgical Laser
Technologies, Inc. hereby declare and certify by the signatures indicated below,
that Article V, Section 5.14 shall be added to the Loan Agreement dated May 31,
2000, and as amended pursuant to a First Amendment dated as of February 20,
2002, by a Second Amendment dated as of June 27, 2002, and by a Third Amendment
dated as of February 27, 2003, to read as follows:
"5.14. GUARANTY OF PARENT COMPANY.
The Borrower shall cause its parent company, PhotoMedex, Inc., to
guarantee, in an instrument in a form reasonably equivalent to the guaranty
attached hereto, the Borrower's performance under this Loan Agreement."
Accepted and Agreed as of this 27th day of February, 2003.
AmSouth Bank Surgical Laser Technologies, Inc.
By: /s/ Xxxxx X. Xxxxxx By:/s/ Xxxxxxx X'Xxxxxxx
Xxxxx X. Xxxxxx Xxxxxxx X'Xxxxxxx
Its Vice President Its President and CEO
By: /s/ Xxxxxx XxXxxxx
Xxxxxx XxXxxxx
Its Chief Financial Officer
In assent herewith: PhotoMedex, Inc.
By /s/ Xxxxxxx X'Xxxxxxx
Xxxxxxx X'Xxxxxxx
Its President and CEO
By: /s/ Xxxxxx XxXxxxx
Xxxxxx XxXxxxx
Its Chief Financial Officer
