CONSENT, AMENDMENT AND JOINDER AGREEMENTConsent, Amendment and Joinder Agreement • November 22nd, 2016 • Microphase Corp • Electronic components, nec • New York
THIS CONSENT, AMENDMENT AND JOINDER AGREEMENT (this “Agreement”) is entered into as of October [__], 2016, by and among MICROPHASE CORPORATION, a Connecticut corporation (“Microphase”), MICROPHASE WEST LLC, a Delaware limited liability company (“Microphase West”, together with Microphase, “Existing Borrowers”), MICROPHASE INSTRUMENTS, LLC, a Delaware limited liability company (“Joining Borrower”) and GERBER FINANCE INC., a New York corporation (“Lender”).
WAIVER OF DEFAULTSWaiver of Defaults • November 22nd, 2016 • Microphase Corp • Electronic components, nec • New York
THIS WAIVER TO THE LOAN AND SECURITY AGREEMENT (this “Waiver”), dated as of November 15, 2016 is entered into by and among MICROPHASE CORPORATION, a Connecticut company, MICROPHASE WEST LLC, a Delaware limited liability company, MICROPHASE INSTRUMENTS, LLC, a Delaware limited liability company (each individually and collectively “Borrower”), NECEDET ERGUL, an individual and RONALD DURANDO, an individual (each individually and collectively, “Guarantor”) and GERBER FINANCE INC., a New York corporation (“Lender”).
