SECOND LOAN MODIFICATION AGREEMENTSecond Loan Modification Agreement • March 28th, 2005 • Chyron Corp • Photographic equipment & supplies
This Second Loan Modification Agreement (this "Loan Modification Agreement") is entered into as of March 22, 2005, by and between SILICON VALLEY BANK, a California-chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462, doing business under the name "Silicon Valley East" ("Bank") and CHYRON CORPORATION, a New York corporation with offices at 5 Hub Drive, Melville, New York 11747 ("Borrower").
AMENDMENTAmendment • March 28th, 2005 • Chyron Corp • Photographic equipment & supplies
THIS AMENDMENT (the "Amendment") is made by and between Chyron Corporation (the "Company") and the undersigned Debenture holder (the "Holder") as of March 22 , 2005. Unless otherwise defined herein, defined terms used in the Amendment shall have the same definition as terms in the Series C 7% Subordinated Convertible Debenture Due December 31, 2005 (the "Debenture").
