EXHIBIT 10.20
AMENDMENT NO. 3
TO THE
BUSINESS CREDIT AGREEMENT
DATED MAY 15, 2001
BETWEEN CANADIAN IMPERIAL BANK OF COMMERCE ("CIBC") AND
THE CUSTOMER NOTED BELOW
Customer: CIBC Branch/Centre:
EMS Technologies Canada, Ltd. Knowledge-Based Business
2nd floor, 000 Xxxxx Xxxxxx
Xxxxxx, Xxxxxxx X0X 0X0
AMENDMENTS. The Agreement is amended as follows:
1. CREDIT D - FOREIGN EXCHANGE CONTRACTS.
The limit to this facility is increased to a maximum of $5,000,000 from
$2,500,000.
The $2,500,000 increase shall be deducted from the margin calculation for the
operating line, Credit A.
OTHER MATTERS. (1) The term "the Agreement" means the Business Credit Agreement
referred to above, as it may have been revised up to the date of this Amendment.
(2) Except as revised by this Amendment, the Agreement remains in full force.
Dated as of: December 18, 2001
For CIBC: For the Customer:
By: By: By:
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Name: Name: Name:
Xxxxx Xxxxxxx
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Title: Title: Title:
Director, KBB
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