FOURTH AMENDMENT AND JOINDER TO REVOLVING CREDIT AND SECURITY AGREEMENTRevolving Credit and Security Agreement • January 5th, 2011 • Avatech Solutions Inc • Services-prepackaged software • Illinois
This Fourth Amendment to Revolving Credit and Security Agreement (the “Amendment”) is effective as of this 31st day of December, 2010 by and among RAND A TECHNOLOGY CORPORATION, a corporation organized under the laws of the Province of Ontario (“Foreign Borrower”), RAND WORLDWIDE SUBSIDIARY, INC., a Delaware corporation and successor by merger of Rand Worldwide U.S., Rand Imaginit and Rand Michigan, each as defined below (f/k/a Avatech Worldwide Subsidiary, Inc., “Joining “Borrower” or “US Borrower” and together with the Foreign Borrower, collectively the “Borrowers” and each a “Borrower”), the financial institutions which are now or which hereafter become a party hereto (collectively, the “Lenders” and each individually a “Lender”) and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as agent for Lenders (PNC, in such capacity, the “Agent”).
