THIRD LOAN MODIFICATION AGREEMENTLoan Modification Agreement • March 28th, 2005 • Ibasis Inc • Telephone communications (no radiotelephone)
This Third Loan Modification Agreement (this "Loan Modification Agreement") is entered into as of January 4, 2005, by and between SILICON VALLEY BANK, a California-chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462, doing business under the name "Silicon Valley East" ("Bank") and IBASIS, INC., a Delaware corporation with its chief executive office located at 20 Second Avenue, Burlington, Massachusetts 01803 ("Borrower").
