AMENDMENT TO $17,000,000 COMMERCIAL PROMISSORY NOTE: C & ICommercial Promissory Note • May 28th, 2010 • Video Display Corp • Electronic components & accessories • Georgia
Contract Type FiledMay 28th, 2010 Company Industry JurisdictionThis Amendment to $17,000,000 Commercial Promissory Note: C & I (this “Amendment”) is made and entered into as of May ___, 2010 by and between VIDEO DISPLAY CORPORATION, a Georgia corporation (“Parent”), LEXEL IMAGING SYSTEMS, INC. (“Lexel”), FOX INTERNATIONAL, LTD., INC. (“Fox”), Z-AXIS, INC. (“Z-Axis”), TELTRON TECHNOLOGIES, INC. (“Teltron”) and AYDIN DISPLAYS, INC. (“Aydin” and together with Lexel, Fox, Z-Axis and Teltron, collectively, the “Subsidiaries”; and the Subsidiaries, together with Parent, collectively, the “Borrower”), and RBC BANK (USA) (formerly known as RBC Centura Bank) (the “Bank”);
SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • May 28th, 2010 • Video Display Corp • Electronic components & accessories • Georgia
Contract Type FiledMay 28th, 2010 Company Industry JurisdictionThis Second Amendment to Loan and Security Agreement (this “Amendment”) is made and entered into as of February 26, 2010 by and between VIDEO DISPLAY CORPORATION, a Georgia corporation (“Parent”), LEXEL IMAGING SYSTEMS, INC. (“Lexel”), FOX INTERNATIONAL, LTD., INC. (“Fox”), Z-AXIS, INC. (“Z-Axis”), TELTRON TECHNOLOGIES, INC. (“Teltron”) and AYDIN DISPLAYS, INC. (“Aydin” and together with Lexel, Fox, Z-Axis and Teltron, collectively, the “Subsidiaries”; and the Subsidiaries, together with Parent, collectively, the “Borrower”), and RBC BANK (USA) (formerly known as RBC Centura Bank) (the “Bank”);