ADDENDUM THIS ADDENDUM TO LEASE AGREEMENT is made this first day of 29th day of May 2003, and entered into by and between J & Lowtree Investors, LLC. ("Landlord") and Simulations Plus, Inc. ("Tenant").Lease Agreement • November 26th, 2003 • Simulations Plus Inc • Services-computer integrated systems design
EXHIBIT 10.40 BUSINESS LENDING CONFIRMATION LETTER May 08, 2003 SIMULATIONS PLUS, INC. 1220 W Avenue J Lancaster, CA 93534 RE: $500,000.00 PrimeLine WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") agrees to make available to SIMULATIONS PLUS, INC....Business Lending Confirmation Letter • November 26th, 2003 • Simulations Plus Inc • Services-computer integrated systems design
WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank") agrees to make available to SIMULATIONS PLUS, INC. ("Borrower") a PrimeLine (the "Credit"). The Credit shall bear interest and be repayable in accordance with the terms and conditions of the Agreement. The Agreement consists of (1) this Confirmation Letter (this "Letter"), (2) the Business Lending Disclosure dated July 01, 2002 (the "Disclosure") and (3) any Related Documents. All terms and conditions of the Disclosure and Related Documents are incorporated herein by reference for all purposes. All capitalized terms not defined in this Letter are defined in the Disclosure.
