NINTH MODIFICATION TO LOAN DOCUMENTSModification to Loan Documents • August 13th, 2010 • Intelligent Systems Corp • Bolts, nuts, screws, rivets & washers
THIS NINTH MODIFICATION TO LOAN DOCUMENTS (herein the “Modification”) is made and entered into as of this 28th day of June, 2010, by and between Intelligent Systems Corporation, a Georgia corporation (herein the “Borrower”), QS Technologies, Inc., a Georgia corporation, Newvisco, Inc., a Delaware corporation (formerly known as Visaer, Inc.), Corecard Software, Inc., a Delaware corporation, and Chemfree Corporation, a Georgia corporation (the aforesaid four corporations being individually and collectively referred to herein as the “Guarantors”), and Fidelity Bank, a Georgia state chartered bank (f/k/a Fidelity National Bank ) (herein the “Lender”).
