0000897101-16-002812 Sample Contracts

AMENDED AND RESTATED SECURITY AGREEMENT
Security Agreement • August 18th, 2016 • Communications Systems Inc • Telephone & telegraph apparatus • Minnesota

THIS AMENDED AND RESTATED SECURITY AGREEMENT (this “Agreement”) is entered into as of August 12, 2016, by and among Communications Systems, Inc., a Minnesota corporation (“Communications Systems”), JDL Technologies, Incorporated, a Minnesota corporation (“JDL”), Transition Networks, Inc., a Minnesota corporation (“Transition Networks”), and Suttle, Inc., a Minnesota corporation (“Suttle”, together with Communications Systems, JDL and Transition Networks, “Grantors” and each a “Grantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association (together with its successors and assigns, “Lender”).

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GUARANTY
Guaranty • August 18th, 2016 • Communications Systems Inc • Telephone & telegraph apparatus • Minnesota
AMENDED AND RESTATED REVOLVING NOTE
Revolving Note • August 18th, 2016 • Communications Systems Inc • Telephone & telegraph apparatus

This Note is a promissory note constituting a Loan Document (as defined in the Credit Agreement) under the Credit Agreement, and is subject to the terms of the Credit Agreement, which provides, among other things, for the payment and acceleration of this Note. This Note is secured, among other things, by the Credit Agreement and certain other Loan Documents, and by any other security agreements, mortgages, deeds of trust, assignments or other instruments or agreements that may subsequently be given as security for this Note.

AMENDED AND RESTATED CREDIT AGREEMENT
Credit Agreement • August 18th, 2016 • Communications Systems Inc • Telephone & telegraph apparatus • Minnesota

THIS AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) is entered into as of August 12, 2016 (the “Closing Date”), by and among Communications Systems, Inc., a Minnesota corporation (“Communications Systems”), JDL Technologies, Incorporated, a Minnesota corporation (“JDL”), Transition Networks, Inc., a Minnesota corporation (“Transition Networks”), Suttle, Inc., a Minnesota corporation (“Suttle”; together with Communications Systems, Transition Networks and JDL, “Borrowers” and each a “Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (together with its successors and assigns, “Lender”). Certain capitalized terms used in this Agreement are defined in Section 7.1. The parties agree as follows:

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