0001047469-09-002658 Sample Contracts

THIRD LOAN MODIFICATION AGREEMENT
Third Loan Modification Agreement • March 13th, 2009 • Ibasis Inc • Telephone communications (no radiotelephone)

This Third Loan Modification Agreement (this “Loan Modification Agreement”) is entered into as of January 26, 2009 and is effective as of the Third Loan Modification Effective Date, by and between SILICON VALLEY BANK, a California corporation 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 (“Bank”), and IBASIS, INC., a Delaware corporation with offices at 20 Second Avenue, Burlington, Massachusetts 01803 (“Borrower”).

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