FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • June 3rd, 2013 • Sonic Foundry Inc • Radio & tv broadcasting & communications equipment
This First Amendment to Second Amended and Restated Loan and Security Agreement (this “Amendment”) is entered into this ____ day of May, 2013 (the “First Amendment Effective Date”), by and between Silicon Valley Bank (“Bank”) SONIC FOUNDRY, INC., Maryland corporation (“Sonic Foundry”), and SONIC FOUNDRY MEDIA SYSTEMS, INC., a Maryland corporation (“Sonic Systems” and together with Sonic Foundry, jointly and severally, individually and collectively, the “Borrower”).
