Exhibit 10.27
RIDER NO. 1 TO THE
SECOND AMENDMENT AND RESTATEMENT OF
RIDERS NOS. 1 AND 2 TO THE
MASTER LEASE FINANCE AGREEMENT
This Rider No. 1 to the Second Amendment and Restatement of Riders Nos. 1
and 2 (the "Rider") is entered into between BancBoston Leasing Inc. ("Lessor")
and Benchmarq Microelectronics, Inc. ("Lessee"), and is contemporaneous with and
amends the Master Lease Finance Agreement dated as of April 23, 1992 (the "Lease
Agreement") between Lessor and Lessee. It is the intention of Lessor and Lessee
that, upon execution, this Amended and Restated Rider shall constitute a part of
the Lease Agreement.
IN CONSIDERATION OF the mutual covenants and promises as hereinafter set
forth, Lessor and Lessee hereby agree as follows:
1. All capitalized terms used in this Amended and Restated Rider shall,
unless otherwise defined, have the meanings set forth in the Lease Agreement.
2. Replace Section 13A.2(b) of the Lease Agreement with the following:
"(b) Quick Ratio. Lessee shall at all times maintain a "Quick Ratio" of
(i) cash and cash equivalents plus accounts receivable to (ii) current
liabilities of not less than 1.50 : 1.00 as of the end of each fiscal quarter."
The terms and conditions of this Rider shall prevail where there may be
conflicts or inconsistencies with the terms and conditions of the Lease
Agreement.
IN WITNESS WHEREOF, Lessor and Lessee, each by its duly authorized officer
or agent, have duly executed and delivered this Rider which is intended to take
effect as a sealed instrument as of the date of the Lease Agreement.
BENCHMARQ MICROELECTRONICS, INC.
By: /s/ R. Xxxxx Xxxxxxxx
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Title: Corporate Controller
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Accepted at Boston, Massachusetts
BANCBOSTON LEASING INC.
By: /s/ Xxxxx Xxxxxxx
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Title: Assistant Vice President
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RG3644/07/12/96 3:35 PM
bench/rdr2a&r.doc
