FIFTH LOAN MODIFICATION AGREEMENTFifth Loan Modification Agreement • August 12th, 2004 • Ultimate Software Group Inc • Services-prepackaged software
Contract Type FiledAugust 12th, 2004 Company IndustryTHIS FIFTH LOAN MODIFICATION AGREEMENT (this “Agreement”) is entered into as of May 28, 2004 by and between SILICON VALLEY BANK (“Bank”), whose address is 3003 Tasman Drive, Santa Clara, California 95054 and having a loan production office at One North Clematis Street, Suite 510, West Palm Beach, Florida 33401 and THE ULTIMATE SOFTWARE GROUP, INC., a corporation organized and in good standing in the State of Delaware (“Borrower”), whose address is 2000 Ultimate Way, Weston, Florida 33326.