EXHIBIT 10.12
AMENDMENT 1 TO CREDIT AGREEMENT
Amendment 1 as of November 20, 1998 by and between Xxxx Xxxxxxx Inc., a
Delaware corporation ("Xxxx Xxxxxxx"), and Larscom Incorporated, a Delaware
corporation ("Larscom").
WITNESSETH:
WHEREAS, Xxxx Xxxxxxx and Larscom are parties to a certain Credit Agreement
dated December 24, 1996 (the "Credit Agreement"); and
WHEREAS, the Credit Agreement will, by its terms, terminate on December 24,
1998; and
WHEREAS, Xxxx Xxxxxxx and Larscom desire to extend the term of the Credit
Agreement and to make such other amendments thereto as are deemed necessary.
NOW, THEREFORE, in consideration of the mutual covenants herein and other
good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:
1. The Term shall terminate on December 24, 2000.
2. All notices to Larscom pursuant to Section 13 of the Agreement shall be
addressed as follows:
Larscom Incorporated
0000 XxXxxxxxxx Xxxxx
Xxxxxxxx, XX 00000
Attention: Vice President--Finance / Chief Financial Officer
3. Unless otherwise defined herein, capitalized terms shall have the
meanings attributed to them in the Credit Agreement.
4. Except as expressly provided herein, all terms and conditions in the
Credit Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment 1 to be
duly executed and delivered by their respective duly authorized officers as of
the date first above written.
LARSCOM INCORPORATED
By: /s/ Xxxxx X. Xxxx
Its: V.P Finance, CFO
XXXX XXXXXXX INC.
By: /s/ Xxxxx X. Xxxxx
Its: Vice President, General Counsel and
Corporate Secretary