August 11, 2017 KeyStone Solutions, Inc. 14420 Albemarle Point Place, Suite 200 Chantilly, Virginia 20151 Attn: CFO RE: Waiver of Specified Events of Default under $1,000,000.00 Revolving Line of Credit Dear Riaz:KeyStone Solutions, Inc. • August 14th, 2017 • Services-management consulting services
Reference is made to that certain Loan and Security Agreement dated August 11, 2016 (as amended, the “Loan Agreement”), by and among Keystone Solutions, Inc., a Delaware corporation (“Parent”), AOC Key Solutions, Inc., a Delaware corporation (“AOC”; together with Parent, individually and collectively, “Borrower”), and Sandy Spring Bank (“Lender”), in connection with a revolving line of credit in the current maximum principal amount of One Million Dollars ($1,000,000.00) from Lender to Borrower (the “Loan”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Loan Agreement.
FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • August 14th, 2017 • KeyStone Solutions, Inc. • Services-management consulting services
This FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT (“Amendment”) is dated as of July 19, 2017, by and among KEYSTONE SOLUTIONS, INC., a Delaware corporation (“Parent”), AOC KEY SOLUTIONS, INC., a Delaware corporation (“AOC”; together with Parent, individually and collectively, “Borrower”), and SANDY SPRING BANK (“Lender”).
