FIRST LOAN MODIFICATION AGREEMENTFirst Loan Modification Agreement • May 27th, 2010 • Axcelis Technologies Inc • Special industry machinery, nec
Contract Type FiledMay 27th, 2010 Company IndustryThis First Loan Modification Agreement (this “Loan Modification Agreement”) is entered into as of May 25, 2010, 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 AXCELIS TECHNOLOGIES, INC. (“ATI”) and AXCELIS TECHNOLOGIES CCS CORPORATION, each a Delaware corporation with offices located at 108 Cherry Hill Drive, Beverly, Massachusetts 01915 (individually and collectively, jointly and severally “Borrower”).