CONSENT, WAIVER & MODIFICATION TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • March 12th, 2019 • Sonic Foundry Inc • Radio & tv broadcasting & communications equipment • Washington
This Consent, Waiver and Modification to Loan and Security Agreement (this “Modification”) is entered into as of March 11, 2019 (the “Modification Effective Date”), by and between Partners for Growth V, L.P., a Delaware limited partnership with its principal place of business at 1751 Tiburon Blvd., Tiburon, California 94920 (“PFG”) and Sonic Foundry, Inc., a Maryland corporation with its principal place of business at 222 W. Washington Avenue, Madison, WI 53703 (“Borrower”). This Modification amends that certain Loan and Security Agreement between PFG and Borrower dated as of May 11, 2018 (the “Original Loan Agreement Date” and such Loan and Security Agreement, as amended, the “Loan Agreement”).
