EXHIBIT 10.11.5
Avistar Communications Corporation
000 Xxxx Xxxxxxx Xxxxx, Xxxxx 000
Xxxxxxx Xxxxxx, XX 00000
March 10, 2003
In the event that the Comerica Bank - California Loan and Security Agreement, as
amended March 10, 2003, (the "Bank Line") is not sufficiently available to
Avistar Communications Corporation (the Company) for any reason, I, Xxxxxx
Xxxxxxx, unconditionally commit to provide the Company adequate funds in order
for the Company to meet its obligations as they become due. This commitment
will not exceed $6 million (inclusive of any funds drawn by the Company and
subject to my personal guarantee of the Company's obligations under the Bank
Line) and any funds provided to the Company under this commitment shall not be
due for repayment by the Company any sooner than February 27, 2004. This
commitment shall terminate, pro rata, prior to February 27, 2004 to the extent
that there occurs a financing event providing for comparable funding, or other
net addition to working capital up to the $6 million commitment.
/s/ Xxxxxx X. Xxxxxxx
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Xxxxxx Xxxxxxx
