THIRTEENTH AMENDMENT TO LOAN AGREEMENTLoan Agreement • October 31st, 2022 • Blonder Tongue Laboratories Inc • Radio & tv broadcasting & communications equipment • Connecticut
Contract Type FiledOctober 31st, 2022 Company Industry JurisdictionThis THIRTEENTH AMENDMENT TO LOAN AGREEMENT (this “Amendment”) is made as of the 25th day of October, 2022, by and among MidCap Business Credit LLC, a Texas limited liability company, the secured party hereunder (hereinafter called “Lender”), BLONDER TONGUE LABORATORIES, INC., a Delaware corporation (together with its successors and permitted assigns, “Borrower”), R. L. DRAKE HOLDINGS, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Drake”), and BLONDER TONGUE FAR EAST, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Far East”). Each of Borrower, Drake and Far East are individually referred to herein as a “Loan Party” and individually, collectively, jointly and severally, the “Loan Parties”.