Amendment to Loan Documents and Waiver Sample Contracts

AMENDMENT TO LOAN DOCUMENTS AND WAIVER
Amendment to Loan Documents and Waiver • May 29th, 2009 • Video Display Corp • Electronic components & accessories • Georgia

This Amendment to Loan Documents and Waiver (this “Amendment”) is made and entered into as of May 27, 2009 by and between VIDEO DISPLAY CORPORATION, a Georgia corporation (“Parent”), LEXEL IMAGING SYSTEMS, INC. (“Lexel”), FOX INTERNATIONAL, LTD., INC. (“Fox”), Z-AXIS, INC. (“Z-Axis”), TELTRON TECHNOLOGIES, INC. (“Teltron”) and AYDIN DISPLAYS, INC. (“Aydin” and together with Lexel, Fox, Z-Axis and Teltron, collectively, the “Subsidiaries”; and the Subsidiaries, together with Parent, collectively, the “Borrower”) and RBC BANK (USA) (the “Bank”);

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