MEMORANDUM OF UNDERSTANDING FOR MODIFICATION OF 10% SENIOR SECURED CONVERTIBLE NOTESModification of 10% Senior Secured Convertible Notes • September 17th, 2018 • MoSys, Inc. • Semiconductors & related devices
MoSys, Inc., a Delaware corporation (the “Company”), Ingalls & Snyder LLC as agent (“Purchasers’ Agent”) for all Purchasers of Notes pursuant to the 10% Senior Secured Convertible Note Purchase Agreement dated as of March 14, 2016, as amended to date (the “Agreement”), and Ingalls & Snyder Value Partners, the Holder of the Majority-in-Interest of the Notes agree to modify and amend the Agreement and the Notes to restructure the indebtedness represented thereby in accordance with the following principles and conditions set forth in this Memorandum of Understanding among them dated September 13, 2018 (this “MOU”):
