0001047469-05-010489 Sample Contracts

April 6, 2005
Loan and Security Agreement • April 18th, 2005 • Qad Inc • Services-prepackaged software

Termination of Loan and Security Agreement between Wells Fargo Foothill, Inc. (formerly known as Foothill Capital Corporation) and QAD Inc. (the "Company"), dated as of September 8, 2000

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AMENDMENT NUMBER 7 TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • April 18th, 2005 • Qad Inc • Services-prepackaged software • California

THIS AMENDMENT NUMBER 7 TO LOAN AND SECURITY AGREEMENT (this "Amendment"), is dated as of October 31, 2004, by and between WELLS FARGO FOOTHILL, INC., a California corporation (formerly known as Foothill Capital Corporation) ("Lender") and QAD Inc., a Delaware corporation ("Borrower").

QAD INC. LOAN AGREEMENT
Loan Agreement • April 18th, 2005 • Qad Inc • Services-prepackaged software • California

Borrower wishes to obtain credit from time to time from Bank, and Bank desires to extend credit to Borrower. This Agreement sets forth the terms on which Bank will advance credit to Borrower, and Borrower will repay the amounts owing to Bank.

AMENDMENT NUMBER 8 AND WAIVER TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • April 18th, 2005 • Qad Inc • Services-prepackaged software • New York

THIS AMENDMENT NUMBER 8 AND WAIVER TO LOAN AND SECURITY AGREEMENT (this "Amendment"), is dated as of March 21, 2005, by and between WELLS FARGO FOOTHILL, INC., a California corporation (formerly known as Foothill Capital Corporation) ("Lender") and QAD INC., a Delaware corporation ("Borrower").

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