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EXHIBIT 10.26
FIRST AMENDMENT TO
LOAN AND SECURITY AGREEMENT
THIS FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT (this
"AMENDMENT") is made and entered into as of June 30, 2001 by and among i2
Technologies, Inc., a Delaware corporation ("i2"), and RightWorks Corporation, a
California corporation ("RIGHTWORKS").
WITNESSETH:
WHEREAS, i2 and RightWorks are parties to that certain Loan
and Security Agreement, dated as of March 28, 2001 (the "LOAN AND SECURITY
AGREEMENT"), whereby i2 agreed to provide a specified amount of funding to
RightWorks from time to time;
WHEREAS, i2 and RightWorks desire to amend the Loan and
Security Agreement to increase the amount of funding available thereunder.
NOW, THEREFORE, in consideration of the premises and mutual
covenants and agreements contained herein, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereby agree as follows:
1. Amendment. Section 1.1 of the Loan and Security Agreement is hereby
amended by replacing the definition of "Line of Credit" to read in its entirety
as follows:
""Line of Credit" means $40,000,000."
2. Continuation. Except as amended herein, the Loan and Security
Agreement shall continue in full force and effect in accordance with its terms.
3. Choice of Law. This Amendment shall be governed by and construed in
accordance with the laws of the State of California as applied to contracts made
and to be performed within the State of California. The parties hereto agree
that the forum for resolution of any dispute arising under this Amendment shall
be tried and litigated only in the state and federal courts located in the State
of California or the State of Texas, and each of the parties hereby consents,
and submits itself, to the jurisdiction of any state or federal court sitting in
the State of California or the State of Texas.
4. Headings. The section headings contained in this Amendment are for
reference purposes only and shall not effect in any way the meaning or
interpretation of this Amendment or the Loan and Security Agreement.
5. Counterparts. This Amendment may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which taken
together shall constitute but one and the same instrument.
[signature page follows]
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IN WITNESS WHEREOF, the parties hereto have executed this
Amendment to be effective as of the date first above written.
RIGHTWORKS CORPORATION
a California corporation
By: /s/ Xxxxxxx X. Xxxxxxx
Name: Xxxxxxx X. Xxxxxxx
Title: SVP Corporate Development
i2 TECHNOLOGIES, INC.
a Delaware corporation
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: Corporate Counsel
[SIGNATURE PAGE TO FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT]