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Exhibit 10.33
 
12/31/2009
 
Bob Feller
Chief Financial Officer
Scientific Learning Corporation
300 Frank H. Ogawa Plaza
Suite 600
Oakland, CA 94612

RE:
Scientific Learning Corporation (“Borrower”)

7050578391 / 34/42/59/67/75
 
Dear Bob:

Comerica Bank (the “Bank”) has approved the extension of the maturity date of
the above referenced credit facility as evidenced by that certain
note/agreement, dated January 15, 2004 (as such may be amended, restated,
modified, supplemented or revised from time to time, the “Agreement”) from
December 31, 2009 to March 15, 2010.  Upon your execution of a counterpart of
this letter, the maturity date shall be so amended.
 
The Agreement, as modified and amended hereby, shall be and remain in full force
and effect in accordance with its respective terms and hereby is ratified and
confirmed in all respects.  Except as expressly set forth herein, the execution,
delivery, and performance of this modification and amendment shall not operate
as a waiver of, or as an amendment of, any right, power, or remedy of Bank under
the Agreement, as in effect prior to the date hereof.  Borrower ratifies and
reaffirms the continuing effectiveness of all promissory notes, guaranties,
security agreements, mortgages, deeds of trust, environmental agreements, and
all other instruments, documents and agreements entered into in connection with
the Agreement.
 
By execution of a counterpart of this letter, Borrower further represents and
warrants that the representations and warranties contained in the Agreement are
true and correct as of the date hereof, and that no event of default has
occurred and is continuing under the Agreement or any other document, instrument
or agreement entered into in connection therewith.
 
Sincerely,
Comerica Bank

By:
/s/ Robert Hernandez
 
Robert Hernandez
 
Vice President
   
Acknowledged and accepted on 12/31/09:
 
Scientific Learning Corporation
   
By:
/s/ Robert E. Feller
 
Bob Feller
 
Chief Financial Officer

 
 

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