EXHIBIT B AMENDED AND RESTATED REVOLVING NOTERevolving Note • November 18th, 2013 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries
FOR VALUE RECEIVED, Daktronics, Inc., a South Dakota corporation (“Borrower”), hereby promises to pay to the order of Bank of America, N.A., a national banking association, 317 - 6th Avenue, Des Moines, Iowa 50309 (“Lender”), at or at such other place as Lender may from time to time designate in writing, in lawful money of the United States of America, the principal sum of Forty Million and No/100 Dollars ($40,000,000.00) or so much thereof as may be advanced hereunder and to pay interest on the outstanding principal balance hereof from time to time at a fluctuating rate tied to the London Inter-Bank Offering Rate (“LIBOR Rate”), plus 1.5%. The LIBOR Rate is a rate of interest equal to the rate per annum equal to the British Bankers Association LIBOR Rate (or any successor thereto approved by the Lender if the British Bankers Association is no longer making a LIBOR rate available), as published by Reuters (or other commercially available source providing quotations of such rate as sele
FIFTH AMENDMENT TO LOAN AGREEMENTLoan Agreement • November 18th, 2013 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries
THIS FIFTH AMENDMENT TO LOAN AGREEMENT (this “Amendment”) is made and entered into as of this 15th day of November, 2013, by and between Daktronics, Inc. (“Borrower”) and Bank of America, N.A. (“Lender”).
TWELFTH AMENDMENT TO LOAN AGREEMENTLoan Agreement • November 18th, 2013 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries
This Twelfth Amendment to Loan Agreement is made and entered into effective November 15, 2013, by and between U.S. Bank National Association, a national banking association, with an address of 141 North Main Avenue, Post Office Box 5308, Sioux Falls, South Dakota 57117-5308 (“Lender”) and Daktronics, Inc., a South Dakota corporation, with an address of 201 Daktronics Drive, Brookings, South Dakota 57006 (“Borrower”).
EXHIBIT A REAFFIRMATION OF AND THIRD AMENDMENT TO UNLIMITED GUARANTY AGREEMENTUnlimited Guaranty Agreement • November 18th, 2013 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries
This Reaffirmation of and Third Amendment to Unlimited Guaranty Agreement (this “Amendment”), dated as of the 15th day of November, 2013, is made by and between Daktronics, Inc., a South Dakota corporation (the “Borrower”) and Bank of America, N.A. (the “Bank”).
RENEWAL REVOLVING NOTERenewal Revolving Note • November 18th, 2013 • Daktronics Inc /Sd/ • Miscellaneous manufacturing industries
FOR VALUE RECEIVED, Daktronics, Inc., a South Dakota corporation ("Borrower"), promises to pay to U.S. Bank National Association, a national banking association ("Lender," which term will include any future holder hereof), at 141 North Main Avenue, Post Office Box 5308, Sioux Falls, South Dakota 57117-5308 or at such other place as Lender may from time to time designate in writing, the principal sum of Thirty-five Million and No/100 Dollars ($35,000,000.00) or so much thereof as may be advanced hereunder and to pay interest on the outstanding principal balance hereof from time to time at a daily fluctuating rate tied to the One- Month Reserve Adjusted Reuters London Inter-Bank Offering Rate ("LIBOR"), with the rate tiers determined on the last day of each fiscal quarter of Borrower's accounting year, and based upon the following rate tiers:
