ASSUMPTION AND AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • January 6th, 2011 • DecisionPoint Systems, Inc. • Services-computer integrated systems design
Contract Type FiledJanuary 6th, 2011 Company IndustryTHIS ASSUMPTION AND AMENDMENT to Loan and Security Agreement (this “Amendment”) is entered into this 30th day of December 2010 by and between Silicon Valley Bank (“Bank”), on the one side, and Decisionpoint Systems, Inc., a Delaware corporation (“DSI”), Decisionpoint Systems Group, Inc., a Delaware corporation (“DSG”), Decisionpoint Systems CA, Inc., a California corporation (“DSCA”), Decisionpoint Systems CT, Inc., a Connecticut corporation (“DSCT”) and CMAC, Inc., a Georgia corporation (“CMAC” and together with DSI, jointly and severally, the “New Borrower”) whose address is 19655 Descartes, Foothill Ranch, CA 92610, on the other side. Decisionpoint Systems Group, Inc., Decisionpoint Systems CA, Inc. and Decisionpoint Systems CT, Inc. are jointly and severally referred to herein as “Existing Borrower.”