TWENTY-FOURTH AMENDMENT TO MODIFICATION AGREEMENTModification Agreement • May 27th, 2021 • CareView Communications Inc • Radio & tv broadcasting & communications equipment • New York
Contract Type FiledMay 27th, 2021 Company Industry JurisdictionThis TWENTY-FOURTH AMENDMENT TO MODIFICATION AGREEMENT (this “Amendment”) is made and entered into as of May 25, 2021 (the “Amendment Effective Date”), by and among CAREVIEW COMMUNICATIONS, INC., a Nevada corporation (“Holdings”), CAREVIEW COMMUNICATIONS, INC., a Texas corporation and a wholly owned subsidiary of Holdings (the “Borrower”), CAREVIEW OPERATIONS, L.L.C., a Texas limited liability company (the “Subsidiary Guarantor”), PDL INVESTMENT HOLDINGS, LLC (as assignee of PDL BioPharma, Inc.), a Delaware limited liability company (both in its capacity as the lender (“Lender”) and in its capacity as Agent (solely in such capacity as Agent, the “Agent”)) under the Credit Agreement (as defined below), and Steven G. Johnson and Dr. James R. Higgins (each, an individual, for the purpose of acknowledging and agreeing to this Amendment in their collective capacity as the Tranche Three Lender under the Credit Agreement).