Exhibit 4.8
[Letterhead of COMDISCO]
FEDERAL EXPRESS
June 7, 1999
Xx. Xxxx Xxxxxxx
Director of Finance
0000 Xxxxxxxxxxx Xxxx
Xxxx Xxxx, XX 00000
Re: (3) Warrant Agreements Dated as of October 27, 1998 between Comdisco, Inc.
("Warrantholder") and Tioga Systems, Inc., ("Company") collectively the
("Warrants")
Dear Xxxx:
This letter is to confirm that the above referenced parties agree that the
Series C Preferred Stock financing shall be considered the Next Round, as
referenced in the Warrants and the resulting number of shares issuable to
Warrantholder shall be as follows:
Equipment Lease Warrant Shares issuable 7,578
Secured Debt Warrant Shares issuable 22,733
Subordinated Debt Warrant Shares issuable 68,200
------
Grand Total 98,511
Please indicate your acceptance of the above agreement by signing in the space
provided below and returning these letters to me. We send you a fully executed
copy in the next few days. If you have any questions or comments please do not
hesitate to call me at (000) 000-0000.
Sincerely,
/s/ Vika Tonga
-----------------
Vika Tonga
Information Document Specialist
ACCEPTED AND AGREED TO:
TIOGA SYSTEMS, INC. COMDISCO, INC.
By: Xxxx Xxxxxxx By: Xxxxx Xxxx
------------------ ---------------
Signature: /s/ Xxxx Xxxxxxx Signature: /s/ Xxxxx Xxxx
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Title: Dir. Fin./Gen. Sec. Title: President Comdisco
---------------------- Ventures Division
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June 14, 1999
