SEVENTH MODIFICATION TO LOAN DOCUMENTSLoan Modification Agreement • March 27th, 2009 • Intelligent Systems Corp • Services-prepackaged software
THIS SEVENTH MODIFICATION TO LOAN DOCUMENTS (herein the “Modification”) is made and entered into as of this 1st day of December, 2008, by and between Intelligent Systems Corporation, a Georgia corporation (herein the “Borrower”), QS Technologies, Inc., a Georgia corporation, Visaer, Inc., a Delaware corporation, Corecard Software, Inc., a Delaware corporation, and Chemfree Corporation, a Georgia corporation (the aforesaid four corporations being individually and collectively referred to herein as the “Guarantors”), and Fidelity Bank, a Georgia state chartered bank (f/k/a Fidelity National Bank ) (herein the “Lender”).
