FORBEARANCE TO LOAN AND SECURITY AGREEMENT WITH LIMITED WAIVERLoan and Security Agreement • April 2nd, 2015 • Ikanos Communications, Inc. • Telephone & telegraph apparatus • California
This Forbearance to Loan and Security Agreement with Limited Waiver (this “Agreement”) is entered into this 28th day of March, 2015, by and between Silicon Valley Bank (“Bank”) and Ikanos Communications, Inc., a Delaware corporation (“Ikanos US”) and Ikanos Communications (Singapore) Private Limited (registration no. 20072041W), a company incorporated under the laws of Singapore and a wholly-owned Subsidiary of Ikanos US (“Ikanos Singapore”, each a “Borrower” and together with Ikanos US, the “Borrowers”).
