Exhibit 10.4

 

FIRST AMENDMENT

TO PROMISSORY NOTE

 

Reference is made to the Revolving Promissory Note dated as of August 30, 2006
in the original principal amount of up to $20,000,000.00 issued by
TechTarget, Inc. (the “Borrower”) to the order of Citizens Bank of Massachusetts
(the “Note”).

 

The Borrower and Lender, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, hereby agree to amend the Note as
follows:

 

1.                                       All references in the Note to Lender
shall be deemed to mean RBS Citizens, National Association, as successor by
merger to Citizens Bank of Massachusetts, with a place of business at 28 State
Street, Boston, Massachusetts.

 

2.                                       The maximum principal amount of the
Note is hereby limited up to $5,000,000.00 and the definition of Principal
Balance is hereby amended to read as follows:

 

“Principal Balance:  Up to Five Million Dollars ($5,000,000.00).”

 

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As amended hereby, the Note is hereby affirmed and shall continue in full force
and effect in accordance with its terms.

 

Executed this 17th day of December, 2009

 

 

 

TECHTARGET, INC.

 

 

 

 

 

 

 

 

By:

 

 

 

Its:

 

 

 

 

 

 

 

Accepted as the First Amendment to the foregoing Promissory Note:

 

 

 

RBS CITIZENS, NATIONAL ASSOCIATION,

 

 

successor by merger to Citizens Bank of Massachusetts

 

 

 

 

 

 

 

 

By:

 

 

 

William M. Clossey, Vice President

 

 

 

2

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