0000950136-06-002195 Sample Contracts

FIRST LOAN MODIFICATION AGREEMENT
First Loan Modification Agreement • March 23rd, 2006 • Axs One Inc • Services-prepackaged software

This 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’’).

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