Execution Copy AMENDED AND RESTATED SUBORDINATION AGREEMENT Borrower: Blonder Tongue Laboratories, Inc. One Jake Brown Road Old Bridge, NJ 08857 and R. L. Drake Holdings, L.L.C. One Jake Brown Road Old Bridge, NJ 08857 Lender: Santander Bank, N.A....Subordination Agreement • May 5th, 2020 • New Jersey
Contract Type FiledMay 5th, 2020 JurisdictionThis Amended and Restated Subordination Agreement dated as of March 28th, 2016, is made and executed among Blonder Tongue Laboratories, Inc., One Jake Brown Road, Old Bridge, NJ 08857 (the “Company”) and R. L. Drake Holdings, L.L.C., One Jake Brown Road, Old Bridge, NJ 08857 (“Drake”; and together with the Company, collectively, jointly and severally, “Borrower”); Robert J. Pallé, Carol M. Pallé, Steven L. Shea, and James H. Williams (each of the foregoing persons, together with any other person that provides loans to the Borrower after the date hereof pursuant to the Creditor Loan Agreement (as defined below) and executes and delivers in favor of Lender a Creditor Joinder substantially in the form of Exhibit A annexed hereto, collectively, the “Subordinated Lenders”) and Robert J. Pallé, as Agent for the Subordinated Lenders (the Agent and the Subordinated Lenders, collectively the “Creditors”); and Santander Bank, N.A. (f/k/a Sovereign Bank, N.A.), MAIL CODE PA1-106-RM1, 3 Terry Driv
AMENDED AND RESTATED SUBORDINATION AGREEMENTSubordination Agreement • March 30th, 2016 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment • New Jersey
Contract Type FiledMarch 30th, 2016 Company Industry JurisdictionThis Amended and Restated Subordination Agreement dated as of March 28th, 2016, is made and executed among Blonder Tongue Laboratories, Inc., One Jake Brown Road, Old Bridge, NJ 08857 (the “Company”) and R. L. Drake Holdings, L.L.C., One Jake Brown Road, Old Bridge, NJ 08857 (“Drake”; and together with the Company, collectively, jointly and severally, “Borrower”); Robert J. Pallé, Carol M. Pallé, Steven L. Shea, and James H. Williams (each of the foregoing persons, together with any other person that provides loans to the Borrower after the date hereof pursuant to the Creditor Loan Agreement (as defined below) and executes and delivers in favor of Lender a Creditor Joinder substantially in the form of Exhibit A annexed hereto, collectively, the “Subordinated Lenders”) and Robert J. Pallé, as Agent for the Subordinated Lenders (the Agent and the Subordinated Lenders, collectively the “Creditors”); and Santander Bank, N.A. (f/k/a Sovereign Bank, N.A.), MAIL CODE PA1-106-RM1, 3 Terry Driv