FORBEARANCE, LIMITED WAIVER AND CONSENT UNDER LOAN AND SECURITY AGREEMENTLoan and Security Agreement • September 6th, 2012 • Isc8 Inc. /De • Semiconductors & related devices • California
THIS FORBEARANCE, LIMITED WAIVER AND CONSENT UNDER LOAN AND SECURITY AGREEMENT (“Forbearance”) is entered into this 21st day of August, 2012 (the “Forbearance Effective Date”), by and between ISC8, Inc., formerly known as Irvine Sensors Corporation, a Delaware corporation with its principal place of business at 3001 Red Hill Ave., Bldg. 4/108, Costa Mesa, Orange County, CA 92926 (“Borrower”) and PARTNERS FOR GROWTH III, L.P. (“PFG”). Capitalized terms used herein without definition shall have the same meanings given them in the Loan Agreement (as defined below).
