ContractComputer Software Innovations Inc • May 15th, 2009 • Services-computer integrated systems design • South Carolina
• Develop investor relations messages that will pro-actively leverage senior management’s strategic vision, operational and financial performance and ongoing business expertise.
Re: Payment on Subordinated NotesComputer Software Innovations Inc • May 15th, 2009 • Services-computer integrated systems design
This letter is being provided to you in connection with the Second Amended and Restated Loan and Security Agreement dated September 14, 2007 (the “Loan Agreement”) and other documents described or contemplated therein or related thereto (the “Loan Documents”) between Computer Software Innovations, Inc. (the “Borrower” or “CSI”) and RBC Centura Bank (the “Bank”). Specifically, this letter concerns potential defaults or violations of certain covenants under the Loan Documents arising out of our proposed amendment of and principal payments on certain Subordinated Debt as set forth on Exhibit A attached hereto (collectively, the “Subordinated Debt Amendment”). The Subordinated Debt Amendment has not yet been consummated by the parties.
