FIRST LOAN MODIFICATION AGREEMENTLoan Modification Agreement • December 21st, 2007 • Sonic Foundry Inc • Radio & tv broadcasting & communications equipment
This First Loan Modification Agreement (this “Loan Modification Agreement”) is entered into as of December 17, 2007, 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 230 W. Monroe, Suite 720, Chicago, Illinois 60606 (“Bank”) and SONIC FOUNDRY, INC., Maryland corporation (“Sonic Foundry”), and SONIC FOUNDRY MEDIA SYSTEMS, INC., a Maryland corporation (“Sonic Systems”) (Sonic Foundry and Sonic Systems, jointly, severally, and collectively, “Borrower”).
