AGREEMENT Please Note: String References To Sections Must Be Checked Manually CREDIT AND SECURITY AGREEMENT BY AND BETWEEN ROCKSHOX, INC. AND WELLS FARGO BUSINESS CREDIT, INC. Dated as of: December 10, 1999 CREDIT AND SECURITY AGREEMENT Dated as of...Credit and Security Agreement • February 14th, 2000 • Rockshox Inc • Motorcycles, bicycles & parts
Period Minimum Adjusted Net Worth (in thousands) January 2000 $25,000 February 2000 $25,000 March 2000 $26,000 April 2000 $24,000 May 2000 $21,000 June 2000 $21,000 July 2000 $19,000 August 2000 $19,000 September 2000 $19,000 October 2000 $19,000 November 2000 $20,000 December 2000 $20,000 January 2001 $20,000 February 2001 $20,000 March 2001 $22,000 April 2001 $22,000 May 2001 $19,000 June 2001 $19,000 July 2001 $17,000 August 2001 $17,000 September 2001 $17,000 October 2001 $17,000 November 2001 $18,000 December 2001 $18,000 Minimum EBITDA. The Borrower will achieve during each period described below, EBITDA, of not less than the amount set forth opposite such period: Period Minimum EBITDA (in thousands) Six months ending March 31, 2000 $4,500 Three months ending June 30, 2000 $(6,200) Six months ending September 30, 2000 $(6,400) Nine months ending December 31, 2000 $(2,000) Fiscal year ending March 31, 2001 $2,100 Three months ending June 30, 2001 $(5,500) Six months ending Septemb
