FIRST LOAN MODIFICATION AGREEMENTFirst Loan Modification Agreement • March 23rd, 2006 • Axs One Inc • Services-prepackaged software
Contract Type FiledMarch 23rd, 2006 Company IndustryThis First Loan Modification Agreement (this ‘‘Loan Modification Agreement’’) is entered into as of March 14, 2006, by and between SILICON VALLEY BANK, a California-chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at 400 Madison Avenue, New York, New York 10017 (‘‘Bank’’) and AXS-ONE INC., a Delaware corporation with its chief executive office located at 301 Route 17 North, Rutherford, New Jersey 07070 (‘‘Borrower’’).