AMENDED AND RESTATED LOAN, PLEDGE AND SECURITY AGREEMENTLoan, Pledge and Security Agreement • January 14th, 2014 • Softech Inc • Services-computer integrated systems design • Massachusetts
THIS AMENDED AND RESTATED LOAN, PLEDGE AND SECURITY AGREEMENT (the “Loan Agreement”) dated as of this 5th day of December, 2013, by and among SOFTECH, INC., a Massachusetts corporation with offices at 650 Suffolk Street, Suite 415, Lowell, Massachusetts (the “Borrower") and PRIDES CROSSING CAPITAL FUNDING, L.P. (the “Lender”), as successor to PRIDES CROSSING CAPITAL, L.P. (“PCC”) and PRIDES CROSSING CAPITAL-A, L.P. (“PCCA”), each with offices at 800 Boylston Street, Suite 2220, Boston, Massachusetts 02199 (PCC and PCCA are collectively the “Original Lenders”) amends and restates in its entirety that certain Loan, Pledge and Security Agreement dated as of May 10, 2013 (as amended, the “Original Loan Agreement”) by and between the Borrower and the Lender (as successor to the Original Lenders).
October 17, 2013 SofTech, Inc. Lowell, Massachusetts 018512 Attention: Joseph P. Mullaney, Chief Executive Officer Prides Crossing Capital GP, LLC Prides Crossing Capital, L.P. Prides Crossing Capital-A, L.P. Boston, Massachusetts 02199 Attention:...Loan, Pledge and Security Agreement • January 14th, 2014 • Softech Inc • Services-computer integrated systems design
Reference is made to that certain Loan, Pledge and Security Agreement dated as of May 10, 2013 (as amended, modified, supplemented, extended, renewed, restated or replaced from time to time, the “Loan Agreement”), by and among SofTech, Inc., a Massachusetts corporation (the “Borrower”), Prides Crossing Capital, L.P. (“PCC”), and Prides Crossing Capital-A, L.P. (“PCCA” and collectively with PCC, the “Lenders”). Capitalized terms used herein but not otherwise defined herein shall have the respective meanings assigned to such terms in the Loan Agreement.
