0001571049-16-011883 Sample Contracts

AMENDMENT NO. 1 TO SUBORDINATED LOAN AGREEMENT
Subordinated Loan Agreement • February 17th, 2016 • Otelco Inc. • Telephone communications (no radiotelephone) • New York

This Amendment No. 1 to Subordinated Loan Agreement (this “Amendment”), is dated as of February 17, 2016, by and among OTELCO INC., a Delaware corporation (the “Company”), and the Subsidiaries of the Company set forth on Appendix I hereto (together with Company, each a “Borrower” and collectively the “Borrowers”) and NEWSPRING MEZZANINE CAPITAL III, L.P., a Delaware limited partnership (the “Investor”).

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