THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • August 3rd, 2009 • Telecommunication Systems Inc /Fa/ • Services-prepackaged software
Contract Type FiledAugust 3rd, 2009 Company IndustryTHIS THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of June 26, 2009 (the “Effective Date”) by and among (a) SILICON VALLEY BANK, a California corporation, 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 (“Bank”), and (b) TELECOMMUNICATION SYSTEMS, INC., a Maryland corporation (“TCS”) and LONGHORN ACQUISITION, LLC, a Delaware limited liability company (“Longhorn”, and together with TCS, jointly and severally, individually and collectively, referred to as “Borrower”) each with a principal place of business located at 275 West Street, Suite 400, Annapolis, Maryland 21401, amends and restates a certain Second Amended and Restated Loan and Security Agreement by and among TCS and Bank dated as of October 14, 2005, as amended by a certain First Amendment to Second Amended and Restate