Re: Amendment No. 2 and Waiver to Sellers’ Securities Agreement relating to the Subordinated Secured Notes due 2011 of Interactive Network, Inc.Sellers’ Securities Agreement • January 21st, 2010 • FriendFinder Networks Inc. • Services-computer programming, data processing, etc. • New York
We write this Amendment No. 2 and Waiver to Sellers’ Securities Agreement relating to the Subordinated Secured Notes due 2011 of Interactive Network, Inc. (this “Amendment and Waiver”) in connection with that certain Sellers’ Securities Agreement, dated as of December 6, 2007, among Interactive Network, Inc., a Nevada corporation (the “Issuer”), the “Senior Subordinated Guarantors” and “Junior Subordinated Guarantors” defined therein and party thereto, the “Holders” defined therein and party thereto and U.S. Bank National Association as administrative agent and collateral agent for the Holders (the “Agent”), as amended by that certain Amendment to Sellers’ Securities Agreement dated as of December 6, 2008 (as so amended, the “SSA”). Terms capitalized but not defined in this Amendment and Waiver have the respective meanings ascribed in the SSA.
AMENDMENT TO SELLERS’ SECURITIES AGREEMENTSellers’ Securities Agreement • January 21st, 2010 • FriendFinder Networks Inc. • Services-computer programming, data processing, etc. • New York
This AMENDMENT TO SELLERS’ SECURITIES AGREEMENT (this “Amendment”), dated as of December 6, 2008, is entered into by and among Interactive Network, Inc., a Nevada corporation (the “Issuer”) and the holders whose names appear on the signature pages hereto (the “Holders”) of the Issuer’s outstanding Subordinated Secured Notes due 2011 (the “Sellers’ Secured Notes”).
