EX-10.14(b)





 Exhibit 10.14B 

FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT 

This First Amendment to Loan and Security Agreement (this “Amendment”) is entered into as of April 18, 2019, by and between
EAST WEST BANK (“Bank”) and BERKELEY LIGHTS, INC. (“Borrower”). 
 RECITALS 

Borrower and Bank are parties to that certain Loan and Security Agreement dated as of May 23, 2018 (the “Agreement”). The
parties desire to amend the Agreement in accordance with the terms of this Amendment. 
 NOW, THEREFORE, the parties agree as follows: 

1. The defined term “Prime Rate” in Exhibit A of the Agreement is hereby deleted in its entirety. 

2. Section 2.3(a) of the Agreement is hereby amended and restated in its entirety to read as follows: 

“(a) Interest Rate. Except as set forth in Section 2.3(b), the Term Loan shall bear interest, on the
outstanding daily balance thereof at a fixed rate equal to six and seventy-three hundredths percent (6.73%).” 
 3. Section 2.3(d) of
the Agreement is hereby amended and restated in its entirety to read as follows: 
 “(d) Computation. All
interest chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty (360) day year for the actual number of days elapsed.” 

4. Section 12.7 of the Agreement is hereby amended and restated in its entirety to read as follows: 

“12.7 Counterparts. This Agreement and any amendments, renewals, extensions, modifications, or refinancings thereof
may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the
same Agreement. In the event that any signature is delivered by facsimile transmission or by e-mail delivery of a “.pdf” format data file, such signature shall create a valid and binding obligation
of the party executing this Agreement (or on whose behalf such signature is executed) with the same force and effect as if such facsimile or “.pdf” signature page were an original hereof.” 

5. No course of dealing on the part of Bank or its officers, nor any failure or delay in the exercise of any right by Bank, shall operate as a
waiver thereof, and any single or partial exercise of any such right shall not preclude any later exercise of any such right. Bank’s failure at any time to require strict performance by Borrower of any provision shall not affect any right of
Bank thereafter to demand strict compliance and performance. Any suspension or waiver of a right must be in writing signed by an officer of Bank. 

6. Unless otherwise defined, all initially capitalized terms in this Amendment shall be as defined in the Agreement. The Agreement, as 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 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. 

7. Borrower represents and warrants that the Representations and Warranties contained in the Agreement are true and correct in all material
respects as of the date of this Amendment, and that no Event of Default has occurred and is continuing. 
 8. As a condition to the
effectiveness of this Amendment, Bank shall have received, in form and substance satisfactory to Bank, the following: 
 (a) this Amendment,
duly executed by Borrower; 
 (b) all reasonable Bank Expenses, consisting of attorneys’ fees and expenses, incurred through the date
of this Amendment, which may be debited from any of Borrower’s accounts; and 
 (c) such other documents, and completion of such other
matters, as Bank may reasonably deem necessary or appropriate. 
 9. This Amendment may be executed in any number of counterparts and by
different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Amendment. In the event that any signature is
delivered by facsimile transmission or by e-mail delivery of a “.pdf” format data file, such signature shall create a valid and binding obligation of the party executing this Amendment (or on whose
behalf such signature is executed) with the same force and effect as if such facsimile or “.pdf” signature page were an original hereof. 

[Balance of Page Intentionally Left Blank] 

  
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 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first date above
written. 
  

			
	BERKELEY LIGHTS, INC.
		
	By:	 	/s/ Shaun Holt
		
	Name:	 	Shaun Holt
		
	Title:	 	CFO
	
	EAST WEST BANK
		
	By:	 	/s/ James Tai
		
	Name:	 	James Tai
		
	Title:	 	Managing Director / Head of Life Sciences


 [Signature Page to First Amendment to Loan and Security
Agreement]