MODIFICATION AND CONDITIONAL WAIVER UNDER LOAN AND SECURITY AGREEMENTModification and Conditional Waiver Under Loan and Security Agreement • November 5th, 2013 • Isc8 Inc. /De • Services-computer integrated systems design • California
Contract Type FiledNovember 5th, 2013 Company Industry JurisdictionThis Modification and Conditional Waiver under Loan and Security Agreement (this “Modification”) is entered into on November 1, 2013 (the “Modification 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”). Except as otherwise specified herein, capitalized terms used herein without definition shall have the same meanings given them in the Loan Agreement (as defined below).