NINTH LOAN MODIFICATION AGREEMENTNinth Loan Modification Agreement • May 6th, 2011 • Satcon Technology Corp • Semiconductors & related devices
This Ninth Loan Modification Agreement (this “Loan Modification Agreement”) is entered into as of March , 2011 (the “Ninth 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 275 Grove Street, Suite 2-200, Newton, Massachusetts 02466 (“Bank”) and SATCON TECHNOLOGY CORPORATION, a Delaware corporation (“Satcon”); SATCON POWER SYSTEMS, INC., a Delaware corporation (“Power”); SATCON ELECTRONICS, INC., a Delaware corporation (“Electronics”), each with offices located at 27 Drydock Avenue, Boston, Massachusetts 02210; and SATCON POWER SYSTEMS CANADA LTD., a corporation organized under the laws of the Province of Ontario, Canada with offices located at 835 Harrington Court, Burlington, Ontario L7N 3P3 (the “Canadian Borrower”; and together with Satcon, Power and Electronics, individually and collectively, jointly and
December 7, 2010Satcon Technology Corp • May 6th, 2011 • Semiconductors & related devices
We hereby amend the Employment Offer Letter dated May 1, 2008 (the “Offer Letter”) between you and Satcon Technology Corporation (the “Company”) as follows:
