0000914760-01-500065 Sample Contracts

BACKGROUND
Loan and Security Agreement • July 6th, 2001 • Westell Technologies Inc • Telephone & telegraph apparatus • Illinois
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REVOLVING NOTE
Revolving Note • July 6th, 2001 • Westell Technologies Inc • Telephone & telegraph apparatus

WESTELL TECHNOLOGIES, INC., WESTELL, INC., WESTELL INTERNATIONAL, INC., CONFERENCE PLUS, INC. and TELTREND, INC. (collectively, "Borrowers"), hereby jointly and severally promise to pay to the order of LaSalle Bank National Association (the "Bank"), on June 30, 2002 the principal sum of Thirty Five Million and No/100 ($35,000,000), or such lesser amount of all of the then outstanding advances made by the Bank to Borrowers pursuant to Section 2.1 of the "Loan Agreement" (as hereinafter defined), together with interest on any and all principal amounts remaining unpaid hereunder from time to time from the date hereof until paid, at the rate(s) set forth in Section 2.10 of the Loan Agreement, payable on the last day of each "Interest Period" (as such term is defined in the Loan Agreement), and continuing until the Revolving Loans (as such term is defined in the Loan Agreement) are paid in full.

Exhibit 10.12 AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT Dated as of August 31, 2000
Loan and Security Agreement • July 6th, 2001 • Westell Technologies Inc • Telephone & telegraph apparatus • Illinois
RECITALS --------
Loan Accommodation Agreement • July 6th, 2001 • Westell Technologies Inc • Telephone & telegraph apparatus • Delaware
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