FIRST AMENDMENT TO FORBEARANCE AGREEMENTForbearance Agreement • May 4th, 2010 • Synergx Systems Inc • Communications equipment, nec • New Jersey
Contract Type FiledMay 4th, 2010 Company Industry JurisdictionTHIS FIRST AMENDMENT TO FORBEARANCE AGREEMENT made this 26th day of April, 2010 by and among SYNERGX SYSTEMS INC. (“Borrower”), a corporation organized and existing pursuant to the laws of the State of Delaware, having an address at 209 Lafayette Drive, Syosset, New York 11791, and TD BANK, N.A. f/k/a TD Banknorth, N.A., a national association, successor by merger to Hudson United Bank (“Lender”), with a place of business at 1000 MacArthur Boulevard, Mahwah, New Jersey 07430, Casey Systems Inc., a corporation of the State of New York, having an address at 209 Lafayette Drive, Syosset, New York 11791, Casey Fire Systems Inc., a corporation of the State of Delaware, having an address at 209 Lafayette Drive, Syosset, New York 11791 and Casey Systems Technologies Inc., a corporation of the State of Delaware, having an address at 209 Lafayette Drive, Syosset, New York 11791 (Casey Systems Inc., Casey Fire Systems Inc. and Casey Systems Technologies Inc. are hereinafter collectively referred