Extension of Forbearance Under Loan and Security Agreement Sample Contracts

EXTENSION OF FORBEARANCE UNDER LOAN AND SECURITY AGREEMENT

Extension of Forbearance Under Loan and Security Agreement • December 28th, 2012 • Isc8 Inc. /De • Semiconductors & related devices • California

• Contract Type
  Extension of Forbearance Under Loan and Security Agreement
• Filed
  December 28th, 2012
• Company
  Isc8 Inc. /De
• Industry
  Semiconductors & related devices
• Jurisdiction
  California

This Extension of Forbearance under Loan and Security Agreement (this “Forbearance Extension”) is entered into this 28th day of September, 2012 (the “Forbearance Effective Date”), by and between ISC8, Inc. (formerly Irvine Sensors Corporation), a Delaware corporation with its principal place of business at 3001 Red Hill Ave., Bldg. 4/108, Costa Mesa, Orange County, CA 92926 (“Borrower”) and Partners for Growth III, L.P. (“PFG”). Capitalized terms used herein without definition shall have the same meanings given them in the Loan Agreement (as defined below).