ContractLoan and Security Agreement and Waiver • February 12th, 2016 • NeuroMetrix, Inc. • Surgical & medical instruments & apparatus
Contract Type FiledFebruary 12th, 2016 Company IndustrySEVENTH MODIFICATION TO LOAN AND SECURITY AGREEMENT AND WAIVER This Seventh Modification to Loan and Security Agreement and Waiver (the “Modification”) is entered into as of January 14, 2016, by and between COMERICA BANK (“Bank”) and NEUROMETRIX, INC., a Delaware corporation (“Borrower”). RECITALS Borrower and Bank are parties to that certain Loan and Security Agreement dated as of March 5, 2010 (as amended from time to time, including, without limitation, by that certain First Modification to Loan and Security Agreement dated as of March 1, 2011, that certain Second Modification to Loan and Security Agreement, dated as of February 15, 2012, that certain Third Modification to Loan and Security Agreement, dated as of April 19, 2012, that certain Fourth Modification to Loan and Security Agreement, dated as of January 28, 2013, that certain Fifth Modification to Loan and Security Agreement dated as of January 31, 2014, and that certain Sixth Modification to Loan and Security Agreement dat