FIRST AMENDMENT TO CREDIT AGREEMENT AND WAIVER OF EVENT OF DEFAULTCredit Agreement • March 15th, 2013 • Communications Systems Inc • Telephone & telegraph apparatus
This First Amendment to Credit Agreement and Waiver of Event of Default (this “Amendment”), dated as of November 28, 2012, is entered into by and between COMMUNICATIONS SYSTEMS, INC., a Minnesota corporation (“Communications Systems”), JDL TECHNOLOGIES, INCORPORATED, a Minnesota corporation (“JDL”), TRANSITION NETWORKS, INC., a Minnesota corporation (“Transition Networks”, together with Communications Systems and JDL, “Borrowers” and each a “Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Lender”).
