Document:

exv10w13

Exhibit 10.13

AMENDMENT TO LEASE

     THIS AMENDMENT TO LEASE is made and entered into this 29th day of January, 2001 by
and between Saul Holdings, Limited Partnership, as successor to B.F. Saul Real Estate Investment
Trust (hereinafter referred to as “Landlord”) and Broadsoft, Inc. (hereinafter referred to as
“Tenant”),

     WHEREAS, Landlord’s predecessor and Tenant have entered into that certain Lease dated April
12, 2000 (the “Lease”) for approximately 30,000 square feet of space at 220 Perry Parkway,
Gaithersburg, MD 20877; and

     WHEREAS, the parties hereto desire to enter into this Amendment to Lease for the purposes
hereinafter set out.

     NOW, THEREFORE, in consideration of the premises and other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

     1. Pursuant to Article 57 of the Lease, Tenant has requested that Landlord contribute the
Supplemental Tenant Allowance in the amount of TWO HUNDRED TEN THOUSAND AND NO/100 Dollars
($210,000.00), and Landlord has agreed to contribute the Supplemental Tenant Allowance as provided
in Article 57 of the Lease.

     2. The Supplemental Tenant Allowance is to be amortized and repaid by Tenant over the
remainder of the lease term with interest at the rate of twelve percent (12%).

     3. Tenant agrees to repay the Supplemental Tenant Allowance according to the terms of Article
57 of the Lease. Commencing on February 1, 2001 and on the first day of each month thereafter,
through and including September 1, 2010, Tenant shall pay to Landlord, as Additional Rent pursuant
to Article 57 of the Lease, the sum of THREE THOUSAND SIXTY EIGHT AND 15/100 Dollars ($3,068.15)
per month beginning February 1, 2001 and ending September 1, 2010. An amortization schedule is
attached hereto as Exhibit A and incorporated into this Agreement by reference.

     4. As of the date hereof, Tenant has accepted possession of the Premises “as is,” the Lease is
in full force and effect in accordance with its terms, and there are no defaults thereunder on the
part of either Landlord or Tenant.

     5. The effective date of this Amendment to Lease shall be February 1, 2001.

     6. Except as specifically modified hereby, the Lease shall remain in full force and effect in
accordance with the terms contained therein and is hereby ratified, approved and confirmed in all
respects. Any agreement, obligation or liability made, entered into
or incurred by or on behalf of Landlord binds only its property and no shareholder, trustee,
officer, director, employee, partner or agent of the Landlord assumes or shall be held to any
liability therefor. The provisions of this Amendment to Lease shall be binding upon the parties
hereto, their successors, and to the extent permitted under the Lease, their assigns.

 

 

     7. INTERPRETATION. The submission of this Amendment for examination does not
constitute an agreement, an option or an offer, and this Amendment becomes effective only upon
execution and delivery thereof by Landlord. Neither party shall have any legal obligation to the
other in the event that the Amendment contemplated herein is not consummated for any reason.
Discussions between the parties respecting the proposed Amendment described herein, shall not serve
as a basis for a claim against either party or any officer, director or agent of either party.
Captions and headings are for convenience and reference only and shall not in any way define, limit
or describe the scope or content of any provision of this Amendment. Except as otherwise provided
herein, capitalized terms shall have the same meaning as set forth in the Lease. Whenever in this
Amendment (i) any printed portion, or any part thereof, has been stricken out, or (ii) any portion
of the Lease (as the same may have been previously amended) or any part thereof, has been modified
or stricken out, then, in either of such events, whether or not any replacement provision has been
added, this Amendment and the Lease shall hereafter be read and construed as if the material so
stricken out were not included, and no implication shall be drawn from the text of the material so
stricken out which would be inconsistent in any way with the construction or interpretation which
would be appropriate if such material had never been contained herein or in the Lease. The
Exhibits referred to in this Amendment and attached hereto are a substantive part of this Amendment
and are incorporated herein by reference.

     WITNESS the following signatures and seals.

	 	 	 	 	 	 	 	 	 	 	 
	ATTEST:	 	 	 	TENANT: BROADSOFT, INC.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Carol L. McKinney	 	 	 	By:	 	/s/ Michael Tessler	 	 
	 	 	 	 	 	 	 	 	 
	Secretary

	 	 	 	 	 	Name:
	 	Michael Tessler	 	 
	 

	 	 	 	 	 	Title:
	 	President and Chief Executive Officer	 	 
	 

	 	 	 	 	 	Tax I.D. Number: 52-2130962	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	ATTEST:	 	 	 	LANDLORD: SAUL HOLDINGS	 	 
	 	 	 	 	LIMITED PARTNERSHIP	 	 
	 	 	 	 	By: Saul Centers,
Inc.
General Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	/s/ Landlord representative	 	 	 	By:	 	/s/ Philip D. Caraci	 	(SEAL)
	 	 	 	 	 	 	 	 	 
	Assistant Secretary	 	 	 	 	 	Philip D. Caraci, President	 	 

 

 

EXHIBIT A

AMORTIZATION SCHEDULE

PAGE 1 OF 3

Amortization Table

Initial Data

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	LOAN DATA
	 	 	 	 	 	TABLE DATA

	 	 	 	 	 	 	 
	Loan amount:
	 	$210,000.00	 	 	 	 	 	Table starts at date:	 	 	02/01/2001	 
	Annual Interest rate:
	 	12.000%	 	 	 	 	 	or at payment number:	 	 	1	 
	Term in years:	 	9.66	 	 	 	 	 	 
	Payments per year.	 	12	 	 	 	 	 	 
	First payment due:	 	02/01/2001	 	 	 	 	 	36817.8

	 	 	 	 	 	 	 	 
	PERIODIC PAYMENT

	 
	Entered payment:	 	 	 	 	 	 	 	The table uses the calculated periodic payment amount,
unless you enter a value for “Entered payment.”

	Calculated payment:	 	$3068.15  	 	 	 	 	 
	 	 	 	 	 	 	 	 
	CALCULATIONS

	 
	Use payment of:
	 	$3068.15  	 	 	 	 	 	Beginning balance at payment 1:	 	 	$210,000.00	 
	1st payment in table:
	 	 	 	 	 	 	 	Cumulative interest prior to payment 1:	 	 	$0.00	 

Table

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	Payment	 	 	Beginning	 	 	 	 	 	 	 	 	 	 	 	 	Ending	 	 	Cumulative	 
	 	No.	 	 	Date	 	 	Balance	 	 	Interest	 	 	Principal	 	 	Balance	 	 	Interest	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	1
	 	 	 	02/01/2001	 	 	 	 	210,000.00	 	 	 	 	2,100.00	 	 	 	 	968.15	 	 	 	 	209,031.85	 	 	 	 	2,100.00	 	 
	 	2
	 	 	 	03/01/2001	 	 	 	 	209,031.85	 	 	 	 	2,090.32	 	 	 	 	977.83	 	 	 	 	208,054.02	 	 	 	 	4190.32	 	 
	 	3
	 	 	 	04/01/2001	 	 	 	 	208,054.02	 	 	 	 	2,080.54	 	 	 	 	987.61	 	 	 	 	207,066.41	 	 	 	 	6,270.86	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	4
	 	 	 	05/01/2001	 	 	 	 	207,066.41	 	 	 	 	2,070.66	 	 	 	 	997.49	 	 	 	 	206,068.92	 	 	 	 	8,341.62	 	 
	 	5
	 	 	 	06/01/2001	 	 	 	 	206,068.92	 	 	 	 	2,060.69	 	 	 	 	1,007.46	 	 	 	 	205,061.46	 	 	 	 	10,402.21	 	 
	 	6
	 	 	 	07/01/2001	 	 	 	 	205,061.46	 	 	 	 	2,050.61	 	 	 	 	1,017.54	 	 	 	 	204,043.92	 	 	 	 	12,452.82	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	7
	 	 	 	08/01/2001	 	 	 	 	204,043.92	 	 	 	 	2,040.44	 	 	 	 	1,027.71	 	 	 	 	203,016.21	 	 	 	 	14,493.26	 	 
	 	8
	 	 	 	09/01/2001	 	 	 	 	203,016.21	 	 	 	 	2,030.16	 	 	 	 	1,037.99	 	 	 	 	201,978.22	 	 	 	 	16,523.42	 	 
	 	9
	 	 	 	10/01/2001	 	 	 	 	201,978.22	 	 	 	 	2,019.78	 	 	 	 	1,048.37	 	 	 	 	200,929.85	 	 	 	 	18,543.20	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	10
	 	 	 	11/01/2001	 	 	 	 	200,929.85	 	 	 	 	2,009.30	 	 	 	 	1,058.85	 	 	 	 	199,871.00	 	 	 	 	20,552.50	 	 
	 	11
	 	 	 	12/01/2001	 	 	 	 	199,871.00	 	 	 	 	1,998.71	 	 	 	 	1,069.44	 	 	 	 	198,801.56	 	 	 	 	22,551.21	 	 
	 	12
	 	 	 	01/01/2002	 	 	 	 	198,801.56	 	 	 	 	1,988.02	 	 	 	 	1,080.13	 	 	 	 	197,721.43	 	 	 	 	24,539.23	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	13
	 	 	 	02/01/2002	 	 	 	 	197,721.43	 	 	 	 	1,977.21	 	 	 	 	1,090.94	 	 	 	 	196,630.49	 	 	 	 	26,516.44	 	 
	 	14
	 	 	 	03/01/2002	 	 	 	 	196,630.49	 	 	 	 	1,966.30	 	 	 	 	1,101.85	 	 	 	 	195,528.64	 	 	 	 	28,482.74	 	 
	 	15
	 	 	 	04/01/2002	 	 	 	 	195,528.64	 	 	 	 	1,955.29	 	 	 	 	1,112.86	 	 	 	 	194,415.78	 	 	 	 	30,438.03	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	16
	 	 	 	05/01/2002	 	 	 	 	194,415.78	 	 	 	 	1,944.16	 	 	 	 	1,123.99	 	 	 	 	193,291.79	 	 	 	 	32,382.19	 	 
	 	17
	 	 	 	06/01/2002	 	 	 	 	193,291.79	 	 	 	 	1,932.92	 	 	 	 	1,135.23	 	 	 	 	192,156.56	 	 	 	 	34,315.11	 	 
	 	18
	 	 	 	07/01/2002	 	 	 	 	192,156.56	 	 	 	 	1,921.57	 	 	 	 	1,146.58	 	 	 	 	191,009.98	 	 	 	 	36,236.68	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	19
	 	 	 	08/01/2002	 	 	 	 	191,009.98	 	 	 	 	1,910.10	 	 	 	 	1,158.05	 	 	 	 	189,851.93	 	 	 	 	38,146.78	 	 
	 	20
	 	 	 	09/01/2002	 	 	 	 	189,851.93	 	 	 	 	1,898.52	 	 	 	 	1,169.63	 	 	 	 	188,682.30	 	 	 	 	40,045.30	 	 
	 	21
	 	 	 	10/01/2002	 	 	 	 	188,682.30	 	 	 	 	1,886.82	 	 	 	 	1,181.33	 	 	 	 	187,500.97	 	 	 	 	41,932.12	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	22
	 	 	 	11/01/2002	 	 	 	 	187,500.97	 	 	 	 	1,875.01	 	 	 	 	1,193.14	 	 	 	 	186,307.83	 	 	 	 	43,807.13	 	 
	 	23
	 	 	 	12/01/2002	 	 	 	 	186,307.83	 	 	 	 	1,863.08	 	 	 	 	1,205.07	 	 	 	 	185,102.76	 	 	 	 	45,670.21	 	 
	 	24
	 	 	 	01/01/2003	 	 	 	 	185,102.76	 	 	 	 	1,851.03	 	 	 	 	1,217.12	 	 	 	 	183,885.64	 	 	 	 	47,521.24	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	25
	 	 	 	02/01/2003	 	 	 	 	183,885.64	 	 	 	 	1,838.86	 	 	 	 	1,229.29	 	 	 	 	182,656.35	 	 	 	 	49,360.10	 	 
	 	26
	 	 	 	03/01/2003	 	 	 	 	182,656.35	 	 	 	 	1,826.56	 	 	 	 	1,241.59	 	 	 	 	181,414.76	 	 	 	 	51,186.66	 	 
	 	27
	 	 	 	04/01/2003	 	 	 	 	181,414.78	 	 	 	 	1,814.15	 	 	 	 	1,254.00	 	 	 	 	180,160.76	 	 	 	 	53,000.81	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

 

EXHIBIT A

AMORTIZATION SCHEDULE

PAGE 2 OF 3

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	Payment	 	 	Beginning	 	 	 	 	 	 	 	 	 	 	 	 	Ending	 	 	Cumulative	 
	 	No.	 	 	Date	 	 	Balance	 	 	Interest	 	 	Principal	 	 	Balance	 	 	Interest	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	28
	 	 	 	05/01/2003	 	 	 	 	180,160.76	 	 	 	 	1,801.61	 	 	 	 	1,266.54	 	 	 	 	178,894.22	 	 	 	 	54,802.42	 	 
	 	29
	 	 	 	06/01/2003	 	 	 	 	178,894.22	 	 	 	 	1,788.94	 	 	 	 	1,279.21	 	 	 	 	177,615.01	 	 	 	 	56,591.36	 	 
	 	30
	 	 	 	07/01/2003	 	 	 	 	177,615.01	 	 	 	 	1,776.15	 	 	 	 	1,292.00	 	 	 	 	176,323.01	 	 	 	 	58,367.51	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	31
	 	 	 	08/01/2003	 	 	 	 	176,323.01	 	 	 	 	1,763.23	 	 	 	 	1,304.92	 	 	 	 	175,018.09	 	 	 	 	60,130.74	 	 
	 	32
	 	 	 	09/01/2003	 	 	 	 	175,018.09	 	 	 	 	1,750.18	 	 	 	 	1,317.97	 	 	 	 	173,700.12	 	 	 	 	61,880.92	 	 
	 	33
	 	 	 	10/01/2003	 	 	 	 	173,700.12	 	 	 	 	1,737.00	 	 	 	 	1,331.15	 	 	 	 	172,368.97	 	 	 	 	63,617.92	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	34
	 	 	 	11/01/2003	 	 	 	 	172,368.97	 	 	 	 	1,723.69	 	 	 	 	1,344.48	 	 	 	 	171,024.51	 	 	 	 	65,341.61	 	 
	 	35
	 	 	 	12/01/2003	 	 	 	 	171,024.51	 	 	 	 	1,710.25	 	 	 	 	1,357.90	 	 	 	 	169,666.61	 	 	 	 	67,051.86	 	 
	 	36
	 	 	 	01/01/2004	 	 	 	 	169,666.61	 	 	 	 	1,696.67	 	 	 	 	1,371.48	 	 	 	 	168,295.13	 	 	 	 	68,748.53	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	37
	 	 	 	02/01/2004	 	 	 	 	168,295.13	 	 	 	 	1,682.95	 	 	 	 	1,385.20	 	 	 	 	166,909.93	 	 	 	 	70,431.48	 	 
	 	38
	 	 	 	03/01/2004	 	 	 	 	166,909.93	 	 	 	 	1,669.10	 	 	 	 	1,399.05	 	 	 	 	165,510.88	 	 	 	 	72,100.58	 	 
	 	39
	 	 	 	04/01/2004	 	 	 	 	165,510.88	 	 	 	 	1,655.11	 	 	 	 	1,413.04	 	 	 	 	164,097.84	 	 	 	 	73,755.69	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	40
	 	 	 	05/01/2004	 	 	 	 	164,097.84	 	 	 	 	1,640.98	 	 	 	 	1,427.17	 	 	 	 	162,670.87	 	 	 	 	75,396.67	 	 
	 	41
	 	 	 	06/01/2004	 	 	 	 	162,670.67	 	 	 	 	1,626.71	 	 	 	 	1,441.44	 	 	 	 	161,229.23	 	 	 	 	77,023.38	 	 
	 	42
	 	 	 	07/01/2004	 	 	 	 	161,229.23	 	 	 	 	1,612.29	 	 	 	 	1,455.86	 	 	 	 	159,773.37	 	 	 	 	78,635.67	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	43
	 	 	 	08/01/2004	 	 	 	 	159,773.37	 	 	 	 	1,597.73	 	 	 	 	1,470.42	 	 	 	 	158,302.95	 	 	 	 	80,233.40	 	 
	 	44
	 	 	 	09/01/2004	 	 	 	 	158,302.95	 	 	 	 	1,583.03	 	 	 	 	1,485.12	 	 	 	 	156,817.83	 	 	 	 	81,816.43	 	 
	 	45
	 	 	 	10/01/2004	 	 	 	 	156,817.83	 	 	 	 	1,568.18	 	 	 	 	1,499.97	 	 	 	 	155,317.86	 	 	 	 	83,384.61	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	46
	 	 	 	11/01/2004	 	 	 	 	155,317.86	 	 	 	 	1,553.18	 	 	 	 	1,514.97	 	 	 	 	153,802.89	 	 	 	 	84,937.79	 	 
	 	47
	 	 	 	12/01/2004	 	 	 	 	153,802.89	 	 	 	 	1,538.03	 	 	 	 	1,530.12	 	 	 	 	152,272.77	 	 	 	 	86,475.82	 	 
	 	48
	 	 	 	01/01/2005	 	 	 	 	152,272.77	 	 	 	 	1,522.73	 	 	 	 	1,545.42	 	 	 	 	150,727.35	 	 	 	 	87,998.55	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	49
	 	 	 	02/01/2005	 	 	 	 	150,727.35	 	 	 	 	1,507.27	 	 	 	 	1,580.88	 	 	 	 	149,166.47	 	 	 	 	89,505.82	 	 
	 	50
	 	 	 	03/01/2005	 	 	 	 	149,166.47	 	 	 	 	1,491.66	 	 	 	 	1,576.49	 	 	 	 	147,589.98	 	 	 	 	90,997.48	 	 
	 	51
	 	 	 	04/01/2005	 	 	 	 	147,589.98	 	 	 	 	1,475.90	 	 	 	 	1,592.25	 	 	 	 	145,997.73	 	 	 	 	92,473.38	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	52
	 	 	 	05/01/2005	 	 	 	 	145,997.73	 	 	 	 	1,459.98	 	 	 	 	1,608.17	 	 	 	 	144,389.66	 	 	 	 	93,933.36	 	 
	 	53
	 	 	 	06/01/2005	 	 	 	 	144,389.56	 	 	 	 	1,443.90	 	 	 	 	1,624.25	 	 	 	 	142,765.31	 	 	 	 	95,377.26	 	 
	 	54
	 	 	 	07/01/2005	 	 	 	 	142,765.31	 	 	 	 	1,427.65	 	 	 	 	1,640.50	 	 	 	 	141,124.81	 	 	 	 	96,804.91	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	55
	 	 	 	08/01/2005	 	 	 	 	141,124.81	 	 	 	 	1,411.25	 	 	 	 	1,656.90	 	 	 	 	139,467.91	 	 	 	 	98,216.16	 	 
	 	56
	 	 	 	09/01/2005	 	 	 	 	139,467.91	 	 	 	 	1,394.68	 	 	 	 	1,673.47	 	 	 	 	137,794.44	 	 	 	 	99,610.84	 	 
	 	57
	 	 	 	10/01/2005	 	 	 	 	137,794.44	 	 	 	 	1,377.94	 	 	 	 	1,690.21	 	 	 	 	136,104.23	 	 	 	 	100,988.78	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	58
	 	 	 	11/01/2005	 	 	 	 	136,104.23	 	 	 	 	1,361.04	 	 	 	 	1,707.11	 	 	 	 	134,397.12	 	 	 	 	102,349.82	 	 
	 	59
	 	 	 	12/01/2005	 	 	 	 	134,397.12	 	 	 	 	1,343.97	 	 	 	 	1,724.18	 	 	 	 	132,672.94	 	 	 	 	103,693.79	 	 
	 	60
	 	 	 	01/01/2006	 	 	 	 	132,672.94	 	 	 	 	1,326.73	 	 	 	 	1,741.42	 	 	 	 	130,931.52	 	 	 	 	105,020.52	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	61
	 	 	 	02/01/2006	 	 	 	 	130,931.52	 	 	 	 	1,309.32	 	 	 	 	1,758.83	 	 	 	 	129,172.69	 	 	 	 	106,329.84	 	 
	 	62
	 	 	 	03/01/2006	 	 	 	 	129,172.69	 	 	 	 	1,291.73	 	 	 	 	1,776.42	 	 	 	 	127,396.27	 	 	 	 	107,621.57	 	 
	 	63
	 	 	 	04/01/2006	 	 	 	 	127,396.27	 	 	 	 	1,273.96	 	 	 	 	1,794.19	 	 	 	 	125,602.09	 	 	 	 	108,895.53	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	64
	 	 	 	05/01/2006	 	 	 	 	125,602.08	 	 	 	 	1,256.02	 	 	 	 	1,812.13	 	 	 	 	123,789.95	 	 	 	 	110,151.55	 	 
	 	65
	 	 	 	06/01/2006	 	 	 	 	123,789.95	 	 	 	 	1,237.90	 	 	 	 	1,830.25	 	 	 	 	121,959.70	 	 	 	 	111,389.45	 	 
	 	66
	 	 	 	07/01/2006	 	 	 	 	121,959.70	 	 	 	 	1,219.60	 	 	 	 	1,848.55	 	 	 	 	120,111.15	 	 	 	 	112,609.05	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	67
	 	 	 	08/01/2006	 	 	 	 	120,111.15	 	 	 	 	1,201.11	 	 	 	 	1,867.04	 	 	 	 	118,244.11	 	 	 	 	113,810.16	 	 
	 	68
	 	 	 	09/01/2006	 	 	 	 	118,244.11	 	 	 	 	1,182.44	 	 	 	 	1,885.71	 	 	 	 	116,358.40	 	 	 	 	114,992.60	 	 
	 	69
	 	 	 	10/01/2006	 	 	 	 	116,358.40	 	 	 	 	1,163.58	 	 	 	 	1,904.57	 	 	 	 	114,453.83	 	 	 	 	116,156.18	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	70
	 	 	 	11/01/2006	 	 	 	 	114,453.83	 	 	 	 	1,144.54	 	 	 	 	1,923.61	 	 	 	 	112,530.22	 	 	 	 	117,300.72	 	 
	 	71
	 	 	 	12/01/2005	 	 	 	 	112,530.22	 	 	 	 	1,125.30	 	 	 	 	1,942.85	 	 	 	 	110,587.37	 	 	 	 	118,426.02	 	 
	 	72
	 	 	 	01/01/2007	 	 	 	 	110,587.37	 	 	 	 	1,105.87	 	 	 	 	1,962.28	 	 	 	 	108,625.09	 	 	 	 	119,531.89	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	73
	 	 	 	02/01/2007	 	 	 	 	108,625.09	 	 	 	 	1,086.25	 	 	 	 	1,981.90	 	 	 	 	106,643.19	 	 	 	 	120,618.14	 	 
	 	74
	 	 	 	03/01/2007	 	 	 	 	106,643.19	 	 	 	 	1,066.43	 	 	 	 	2,001.72	 	 	 	 	104,641.47	 	 	 	 	121,684.57	 	 
	 	75
	 	 	 	04/01/2007	 	 	 	 	104,641.47	 	 	 	 	1,046.41	 	 	 	 	2,021.74	 	 	 	 	102,619.73	 	 	 	 	122,730.98	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

 

EXHIBIT A

AMORTIZATION SCHEDULE

PAGE 3 OF 3

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	Payment	 	 	Beginning	 	 	 	 	 	 	 	 	 	 	 	 	Ending	 	 	Cumulative	 
	 	No.	 	 	Date	 	 	Balance	 	 	Interest	 	 	Principal	 	 	Balance	 	 	Interest	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	76
	 	 	 	05/01/2007	 	 	 	 	102,619.73	 	 	 	 	1,026.20	 	 	 	 	2,041.95	 	 	 	 	100,577.78	 	 	 	 	123,757.18	 	 
	 	77
	 	 	 	06/01/2007	 	 	 	 	100,577.78	 	 	 	 	1,005.78	 	 	 	 	2,062.37	 	 	 	 	98,515.41	 	 	 	 	124,762.96	 	 
	 	78
	 	 	 	07/01/2007	 	 	 	 	98,515.41	 	 	 	 	985.15	 	 	 	 	2,083.00	 	 	 	 	96,432.41	 	 	 	 	125,748.11	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	79
	 	 	 	08/01/2007	 	 	 	 	96,432.41	 	 	 	 	964.32	 	 	 	 	2,103.83	 	 	 	 	94,328.58	 	 	 	 	126,712.43	 	 
	 	80
	 	 	 	09/01/2007	 	 	 	 	94,328.56	 	 	 	 	943.29	 	 	 	 	2,124.86	 	 	 	 	92,203.72	 	 	 	 	127,655.72	 	 
	 	81
	 	 	 	10/01/2007	 	 	 	 	92,203.72	 	 	 	 	922.04	 	 	 	 	2,146.11	 	 	 	 	90,057.61	 	 	 	 	128,577.76	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	82
	 	 	 	11/01/2007	 	 	 	 	90,057.61	 	 	 	 	900.58	 	 	 	 	2,167.57	 	 	 	 	87,890.04	 	 	 	 	129,478.34	 	 
	 	83
	 	 	 	12/01/2007	 	 	 	 	87,890.04	 	 	 	 	878.90	 	 	 	 	2,189.25	 	 	 	 	85,700.79	 	 	 	 	130,357.24	 	 
	 	84
	 	 	 	01/01/2008	 	 	 	 	85,700.79	 	 	 	 	857.01	 	 	 	 	2,211.14	 	 	 	 	83,489.65	 	 	 	 	131,214.25	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	85
	 	 	 	02/01/2008	 	 	 	 	83,489.65	 	 	 	 	834.90	 	 	 	 	2,233.25	 	 	 	 	81,256.40	 	 	 	 	132,049.15	 	 
	 	86
	 	 	 	03/01/2008	 	 	 	 	81,258.40	 	 	 	 	812.56	 	 	 	 	2,255.59	 	 	 	 	79,000.81	 	 	 	 	132,861.71	 	 
	 	87
	 	 	 	04/01/2008	 	 	 	 	79,000.81	 	 	 	 	790.01	 	 	 	 	2,278.14	 	 	 	 	76,722.67	 	 	 	 	133,651.72	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	88
	 	 	 	05/01/2008	 	 	 	 	76,722.67	 	 	 	 	767.23	 	 	 	 	2,300.92	 	 	 	 	74,421.75	 	 	 	 	134,418.95	 	 
	 	89
	 	 	 	06/01/2008	 	 	 	 	74,421.75	 	 	 	 	744.22	 	 	 	 	2,323.93	 	 	 	 	72,097.32	 	 	 	 	135,163.17	 	 
	 	90
	 	 	 	07/01/2008	 	 	 	 	72,097.82	 	 	 	 	720.98	 	 	 	 	2,347.17	 	 	 	 	69,750.65	 	 	 	 	135,884.15	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	91
	 	 	 	08/01/2008	 	 	 	 	69,750.65	 	 	 	 	697.51	 	 	 	 	2,370.64	 	 	 	 	67,380.01	 	 	 	 	136,581.66	 	 
	 	92
	 	 	 	09/01/2008	 	 	 	 	67,380.01	 	 	 	 	673.80	 	 	 	 	2,394.35	 	 	 	 	64,985.66	 	 	 	 	137,255.46	 	 
	 	93
	 	 	 	10/01/2008	 	 	 	 	64,985.66	 	 	 	 	649.86	 	 	 	 	2,418.29	 	 	 	 	62,567.37	 	 	 	 	137,905.32	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	94
	 	 	 	11/01/2008	 	 	 	 	62,567.37	 	 	 	 	625.67	 	 	 	 	2,442.48	 	 	 	 	60,124.89	 	 	 	 	138,530.99	 	 
	 	95
	 	 	 	12/01/2008	 	 	 	 	60,124.89	 	 	 	 	601.25	 	 	 	 	2,466.90	 	 	 	 	57,657.99	 	 	 	 	139,132.24	 	 
	 	96
	 	 	 	01/01/2009	 	 	 	 	57,657.99	 	 	 	 	576.58	 	 	 	 	2,491.57	 	 	 	 	55,166.42	 	 	 	 	139,708.82	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	97
	 	 	 	02/01/2009	 	 	 	 	55,166.42	 	 	 	 	551.66	 	 	 	 	2,516.49	 	 	 	 	52,649.93	 	 	 	 	140,260.46	 	 
	 	98
	 	 	 	03/01/2009	 	 	 	 	52,649.93	 	 	 	 	526.50	 	 	 	 	2,541.65	 	 	 	 	50,108.28	 	 	 	 	140,786.98	 	 
	 	99
	 	 	 	04/01/2009	 	 	 	 	50,108.28	 	 	 	 	501.08	 	 	 	 	2,567.07	 	 	 	 	47,541.21	 	 	 	 	141,288.06	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	100
	 	 	 	05/01/2009	 	 	 	 	47,541.21	 	 	 	 	475.41	 	 	 	 	2,592.74	 	 	 	 	44,948.47	 	 	 	 	141,763.47	 	 
	 	101
	 	 	 	06/01/2009	 	 	 	 	44,948.47	 	 	 	 	449.48	 	 	 	 	2,618.67	 	 	 	 	42,329.80	 	 	 	 	142,212.95	 	 
	 	102
	 	 	 	07/01/2009	 	 	 	 	42,329.80	 	 	 	 	423.30	 	 	 	 	2,644.85	 	 	 	 	39,684.95	 	 	 	 	142,636.25	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	103
	 	 	 	08/01/2009	 	 	 	 	39,684.95	 	 	 	 	396.85	 	 	 	 	2,671.30	 	 	 	 	37,013.65	 	 	 	 	143,033.10	 	 
	 	104
	 	 	 	09/01/2009	 	 	 	 	37,013.65	 	 	 	 	370.14	 	 	 	 	2,698.01	 	 	 	 	34,315.64	 	 	 	 	143,403.24	 	 
	 	105
	 	 	 	10/01/2009	 	 	 	 	34,315.64	 	 	 	 	343.16	 	 	 	 	2,724.99	 	 	 	 	31,590.65	 	 	 	 	143,746.40	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	106
	 	 	 	11/01/2009	 	 	 	 	31,590.65	 	 	 	 	315.91	 	 	 	 	2,752.24	 	 	 	 	28,838.41	 	 	 	 	144,062.31	 	 
	 	107
	 	 	 	12/01/2009	 	 	 	 	28,838.41	 	 	 	 	288.38	 	 	 	 	2,779.77	 	 	 	 	26,058.64	 	 	 	 	144,350.69	 	 
	 	108
	 	 	 	01/01/2010	 	 	 	 	26,058.64	 	 	 	 	260.59	 	 	 	 	2,807.56	 	 	 	 	23,251.08	 	 	 	 	144,611.28	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	109
	 	 	 	02/01/2010	 	 	 	 	23,251.08	 	 	 	 	232.51	 	 	 	 	2,835.84	 	 	 	 	20,415.44	 	 	 	 	144,843.79	 	 
	 	110
	 	 	 	03/01/2010	 	 	 	 	20,415.44	 	 	 	 	204.15	 	 	 	 	2,864.00	 	 	 	 	17,551.44	 	 	 	 	145,047.94	 	 
	 	111
	 	 	 	04/01/2010	 	 	 	 	17,551.44	 	 	 	 	175.51	 	 	 	 	2,892.64	 	 	 	 	14,658.80	 	 	 	 	145,223.45	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	112
	 	 	 	05/01/2010	 	 	 	 	14,658.80	 	 	 	 	146.59	 	 	 	 	2,921.56	 	 	 	 	11,737.24	 	 	 	 	145,370.04	 	 
	 	113
	 	 	 	06/01/2010	 	 	 	 	11,737.24	 	 	 	 	117.37	 	 	 	 	2,950.78	 	 	 	 	8,786.46	 	 	 	 	145,487.41	 	 
	 	114
	 	 	 	07/01/2010	 	 	 	 	8,786.46	 	 	 	 	87.86	 	 	 	 	2,980.29	 	 	 	 	5,806.17	 	 	 	 	145,575.27	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	115
	 	 	 	08/01/2010	 	 	 	 	5,806.17	 	 	 	 	58.06	 	 	 	 	3,010.09	 	 	 	 	2,796.05	 	 	 	 	145,633.33	 	 
	 	116
	 	 	 	09/01/2010	 	 	 	 	2,796.08	 	 	 	 	27.96	 	 	 	 	2,796.08	 	 	 	 	0.00	 	 	 	 	145,661.29exv10w14

Exhibit 10.14

Loan and Security Agreement

	 	 	 
	Borrowers:

	 	BroadSoft, Inc., a Delaware corporation (“Parent”)
	 

	 	BroadSoft International, Inc., a Delaware corporation, and
	 

	 	BroadSoft M6, LLC, a Delaware limited liability company
	 
	 	 
	Address:

	 	220 Perry Parkway
	 

	 	Gaithersburg, Maryland 20877
	 
	 	 
	Date:

	 	September 26, 2008

This Loan and Security Agreement is entered into on the above date between ORIX Venture
Finance LLC, a Delaware limited liability company (“ORIX”), with an address at 245 Park Avenue,
19th Floor, New York, NY 10167 and the borrowers named above (jointly and severally “Borrower”),
whose chief executive office is located at the above address (“Borrower’s Address”). The Schedule
to this Loan and Security Agreement being signed concurrently (the “Schedule”) is an integral part
of this Agreement. (Definitions of certain terms used in this Agreement are set forth in Section 7
below.)

1. LOANS.

     1.1 Loans. Subject to the terms and conditions in this Agreement, ORIX shall make a loan to
Borrower (the “Loan”), in the amount shown on the Schedule. The Loan, once repaid, may not be
reborrowed.

     1.2 Conditions. The making of the Loan is subject to the satisfaction of the following
conditions precedent, which Borrower agrees to satisfy within 5 days after the date hereof: (i) all
filings have been completed that are necessary or advisable to perfect the security interest of
ORIX in the Collateral, including without limitation filings in the United States Copyright Office
and United States Patent and Trademark Office, (ii) all documents relating to this Agreement have
been executed and delivered, (iii) ORIX has confirmed to its satisfaction that there has been no
Material Adverse Change since the date of the last financial statements provided to ORIX, (iv) UCC
and other searches deemed necessary by ORIX have been completed and the results thereof are
satisfactory to ORIX, and (v) all other matters relating to the Loan have been completed to ORIX’s
reasonable satisfaction.

     1.3 Interest. The Loan and all other monetary Obligations arising under or relating to this
Agreement or the transactions contemplated hereby shall bear interest at the rate shown on the
Schedule, except where expressly set forth to the contrary in this Agreement or in another written
agreement signed by ORIX and Borrower. Borrower shall pay accrued interest on the Loan on the
26th day of each month, and at maturity. The sending of a bill for interest in advance
by ORIX shall not affect ORIX’s right to make adjustments to the same based on changes in the Prime
Rate as provided in this Agreement.

     1.4 Fees. Borrower shall pay ORIX the fees shown on the Schedule, which are in addition to
all interest and other sums payable to ORIX and are not refundable.

     1.5 Late Fee. If any payment of principal or accrued interest is not made within five
Business Days after the date due, Borrower shall pay ORIX a late payment fee equal to 5% of the
amount of such late payment. The provisions of this paragraph shall not be construed as ORIX’s
consent to Borrower’s failure to pay any amounts when due, and ORIX’s acceptance of any such late
payments shall not restrict ORIX’s exercise of any remedies arising out of any such failure.

2. SECURITY INTEREST.

     2.1 Security Interest. To secure the payment and performance of all of the Obligations when
due, Borrower hereby grants to ORIX a security interest in all of the following (collectively, the
“Collateral”): all right, title and interest of Borrower in and to the following, whether

-1-

 

			
	ORIX
	 	Loan and Security Agreement

now
owned or hereafter arising or acquired and wherever located: all Accounts; all Inventory; all
Equipment; all General Intangibles (including without limitation all Intellectual Property and
Deposit Accounts); all Investment Property; all Other Property; and any and all claims, rights and
interests in any of the above, and all guaranties and security for any of the above, and all
substitutions and replacements for, additions, accessions, attachments, accessories, and improvements to, and proceeds (including proceeds of any
insurance policies, proceeds of proceeds and claims against third parties) of, any and all of the
above, and all Borrower’s books relating to any of the above, including without limitation the
assets identified in the Representations.

Notwithstanding the foregoing, the Collateral shall not include any such property:

(i) which is nonassignable by its terms without the consent of the licensor thereof or another
party (but only to the extent such prohibition on transfer is enforceable under applicable law,
including, without limitation, Sections 9406 and 9408 of the Code), and as to any licenses included
in the foregoing Borrower represents and warrants that they are non-exclusive and replaceable on
commercially reasonable terms;

(ii) if the granting of a security interest therein is contrary to applicable law, provided that
upon the cessation of any such restriction or prohibition, such property shall automatically become
part of the Collateral, all of which Borrower represents and warrants are not material to its
business;

(iii) which (including any attachments, accessions or replacements) is subject to a Lien that
is permitted pursuant to clause (i) or (ii) of the definition of Permitted Liens, if the grant of a
security interest with respect to such property pursuant to this Agreement would be prohibited by
the agreement creating such Permitted Lien or would otherwise constitute a default thereunder,
provided, that such property will be deemed “Collateral” hereunder upon the termination and release
of such Permitted Lien;

(iv) which is capital stock owned by Borrower of any Foreign Sub (as defined in the Schedule)
possessing in excess of 65% of the voting power of all classes of capital stock of such Foreign Sub
entitled to vote; or

(v) which is Intellectual Property registered outside the United States to the extent it is
duplicative with Intellectual Property registered in the United States (“Excluded Foreign
Intellectual Property”).

3. REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE BORROWER.

     In order to induce ORIX to enter into this Agreement and to make the Loan, each Borrower
represents and warrants to ORIX as follows, and each Borrower covenants that the following
representations will continue to be true, and that each Borrower will at all times comply with all
of the following covenants:

     3.1 Corporate Existence and Authority. Each Borrower is and will continue to be, duly
organized or formed (as the case may be), validly existing and in good standing under the laws of
the State of Delaware. Each Borrower is and will continue to be qualified and licensed to do
business in all jurisdictions in which any failure to do so would reasonably be expected to result
in a Material Adverse Change. The execution, delivery and performance by each Borrower of this
Agreement, and all other documents contemplated hereby to which it is a party or by which it is
bound (i) have been duly and validly authorized, (ii) are enforceable against it in accordance with
their terms (except as enforcement may be limited by equitable principles and by bankruptcy,
insolvency, reorganization, moratorium or similar laws relating to creditors’ rights generally),
(iii) do not violate its articles or certificate of incorporation, or by-laws (in the case of a
Borrower which is a corporation) or its operating agreement (in the case of a Borrower which is a
limited liability company), or any law or any material agreement or instrument which is binding
upon it or its property, and (iv) do not constitute grounds for acceleration of any indebtedness or
obligation in excess of $100,000, under any agreement or instrument which is binding upon it or its
property.

     3.2 Name; Trade Names and Styles. As of the date hereof, the full correct name of each
Borrower and its state of incorporation, formation, or organization are set forth in the heading to
this Agreement. Listed on the Representations are all prior names of each Borrower used within the
past five (5) years and each Borrower’s present and prior trade names used within the past five (5)
years. Borrower shall give ORIX 15 days’ prior written notice before changing its name or doing
business under any other name. Each Borrower has complied, and will in the future comply, in all
material respects with all laws relating to the conduct of business under a fictitious business
name.

     3.3 Place of Business; Location of Collateral. The address set forth in the heading to this
Agreement is each Borrower’s chief executive office. In addition, each Borrower has places of
business in the United States and Collateral in the United States is located only at the locations
set forth in the Representations (except for locations holding not more than $10,000 of Collateral
per location and not more than $100,000 of Collateral in the aggregate). Borrower will give ORIX
at least 15 days prior written notice before opening any additional place of business (including
without limitation places of business outside the United States), changing its chief executive
office, or moving any of the Collateral having a

-2-

 

			
	ORIX
	 	Loan and Security Agreement

value in excess of $100,000 in the aggregate to a
location other than Borrower’s Address or one of the locations set forth in the Representations or
otherwise disclosed in writing to ORIX.

     3.4 Title to Collateral. Each Borrower is now, and will at all times in the future be, the
sole owner of all of its Collateral, except for (i) specific items of Equipment which are leased to
it and (ii) Intellectual Property which is licensed to it in the ordinary course of business. The Collateral now is and will remain
free and clear of any and all liens, charges, security interests, encumbrances and adverse claims,
except for the security interest in favor of ORIX and Permitted Liens. ORIX now has, and will
continue to have, a first-priority perfected and enforceable security interest in all of the
Collateral, (other than Deposit Accounts outside the United States), subject only to Permitted
Liens, and Borrower will at all times defend ORIX and the Collateral against all claims of others.
None of the Collateral now is or will be affixed to any real property in such a manner, or with
such intent, as to become a fixture. Borrower will keep in full force and effect, and will comply
in all material respects with all the terms of, any lease of real property where any of the
Collateral now or in the future may be located, provided that Borrower shall be entitled to move
locations and terminate any lease of real property to the extent Borrower has complied with Section
3.3 hereof.

     3.5 Maintenance of Collateral. Borrower will maintain the Collateral in good working
condition, ordinary wear and tear excepted, and Borrower will not use the Collateral for any
unlawful purpose. Borrower will advise ORIX in writing of any material loss or damage to the
Collateral within two Business Days after such loss or damage occurs.

     3.6 Books and Records. Borrower has maintained and will maintain at Borrower’s Address
complete and accurate books and records, comprising an accounting system in accordance with GAAP.

     3.7 Financial Condition, Statements and Reports. All financial statements now or in the
future delivered to ORIX have been, and will be, prepared in conformity with GAAP (except for
non-compliance with FAS 123R in monthly reporting) and now and in the future will completely and
fairly reflect the financial condition of Parent, at the times and for the periods therein stated.
Between the last date covered by any such statement provided to ORIX and the date hereof, there has
been no Material Adverse Change. Each Borrower is now and will continue to be solvent.

     3.8 Tax Returns and Payments; Pension Contributions. Each Borrower has timely filed, and
will timely file, all tax returns and reports required by applicable law, and Borrower has timely
paid, and will timely pay, all applicable taxes, assessments, deposits and contributions now or in
the future owed by Borrower, provided that Borrower need not pay taxes that are being disputed in
good faith, by appropriate proceedings diligently pursued, for which Borrower holds adequate
reserves in accordance with GAAP and with respect to which there is no lien on any Collateral.

     3.9 Compliance with Law. Borrower has complied, and will comply, in all material respects,
with all provisions of all applicable laws and regulations, including, but not limited to, those
relating to Borrower’s ownership of real or personal property, the conduct and licensing of
Borrower’s business, compensation and benefits payable or provided to Borrower’s employees, and all
environmental matters. All proceeds of all Loans shall be used solely for lawful business
purposes.

     3.10 Litigation. Except as disclosed to ORIX in writing, there is no suit, litigation,
proceeding or investigation pending or threatened against or affecting any Borrower involving more
than $100,000, except for patent indemnification claims not involving more than $500,000. Each
Borrower will promptly inform ORIX in writing of (i) any claim, proceeding, litigation or
investigation in the future threatened or instituted by or against it involving any claim of
$100,000 or more (except for patent indemnification claims not involving more than $500,000), and
(ii) any patent indemnification litigation instituted against Borrower involving more than
$100,000.

     3.11 Intellectual Property. No Borrower is the licensee of any Intellectual Property other
than licenses of software which are not exclusive and are generally available on commercially
reasonable terms. Borrower will not, in the future, enter into any material Intellectual Property
license as licensee, which prohibits it from granting a security interest in the same, unless the
license is not exclusive and generally available on commercially reasonable terms.

4. ADDITIONAL DUTIES OF THE BORROWER.

     4.1 Insurance. Borrower shall, at all times, insure all of the tangible Collateral and carry
such other business insurance, with insurers reasonably acceptable to ORIX, in such form and
amounts as ORIX may reasonably require, and Borrower shall provide evidence of such insurance to
ORIX, so that ORIX is reasonably satisfied that such insurance is, at all times, in full force and
effect. ORIX hereby acknowledges that it has reviewed Borrower’s current insurance policies and
that such insurance is with insurers and in form and amounts as are presently acceptable to ORIX.
All such insurance policies shall name ORIX as an additional loss payee, and shall contain a
lenders loss payee endorsement in form reasonably acceptable to ORIX. Upon receipt of the proceeds
of any such insurance, ORIX shall apply such proceeds in reduction of the Obligations arising under
or

-3-

 

			
	ORIX
	 	Loan and Security Agreement

relating to this Agreement or the transactions contemplated hereby, as ORIX shall determine in
its sole discretion, except that, provided no Default or Event of Default has occurred and is
continuing, ORIX shall release to Borrower insurance proceeds with respect to Equipment totaling
less than $250,000, which shall be utilized by Borrower for the replacement of the Equipment with
respect to which the insurance proceeds were paid. ORIX may require reasonable assurance that the insurance proceeds so released will be so used. If Borrower fails to provide or pay for
any insurance, ORIX may, but is not obligated to, obtain the same at Borrower’s expense. Borrower
shall promptly deliver to ORIX copies of all claims made to insurance companies.

     4.2 Reports. Borrower, at its expense, shall provide ORIX with the written reports set forth
in the Schedule, and such other written reports with respect to Borrower (including budgets, sales
projections, operating plans and other financial documentation), as ORIX shall from time to time
reasonably specify.

     4.3 Access to Collateral, Books and Records. At reasonable times, and on three Business
Day’s notice (except if a Default or Event of Default has occurred and is continuing or if ORIX in
its good faith business judgment believes or suspects that a Borrower has engaged in defalcation,
intentional misrepresentation, or fraud, in which case then ORIX may do the following at any time
and without any notice), ORIX, or its agents, shall have the right to inspect the Collateral, and
the right to audit and copy Borrower’s books and records; provided that such inspections shall
occur no more often that twice per calendar year unless a Default or Event of Default has occurred
and is continuing or ORIX in its good faith business judgment believes or suspects that a Borrower
has engaged in defalcation, intentional misrepresentation, or fraud. The foregoing inspections and
audits shall be at Borrower’s expense and the charge therefor shall be $950 per person per day (or
such other amount as shall represent ORIX’s then current standard charge for the same), plus all
other reasonable out-of-pockets costs and expenses incurred by ORIX in connection therewith.

     4.4 Remittance of Proceeds. All proceeds arising from the sale or other disposition of any
Collateral (other than (i) the proceeds of the sale of Inventory in the ordinary course of business
or the non-exclusive licensing of Intellectual Property in the ordinary course of business, or (ii)
proceeds of dispositions of obsolete or unneeded Equipment in the ordinary course of business in an
amount not in excess of $250,000 in any fiscal year) shall be delivered, in kind, by Borrower to
ORIX in the original form in which received by Borrower not later than the following Business Day
after receipt by Borrower, to be applied to the Obligations arising under or relating to this
Agreement or the transactions contemplated hereby in such order as ORIX shall determine. Nothing in
this Section limits the restrictions on disposition of Collateral set forth elsewhere in this
Agreement.

     4.5 Negative Covenants. Borrower shall not, without ORIX’s prior written consent, do any of
the following:

          (i) merge or consolidate with another corporation or entity, except that (A) a wholly-owned
subsidiary of Parent may merge into Parent if Parent is the surviving corporation in the merger and
(B) any Borrower (other than Parent) may merge with any other Borrower (other than Parent);

          (ii) acquire any assets, except for (A) assets acquired in the ordinary course of business
(including without limitation assets acquired pursuant to vendor or supplier agreements entered
into by a Borrower in the ordinary course of business), or (B) assets acquired outside the ordinary
course of business for a purchase price not exceeding $250,000 in the aggregate in any fiscal year;

          (iii) enter into any other transaction outside the ordinary course of the business of
providing VOIP software and related hardware and services (it being understood that (A) any
transaction involving less than $50,000 is deemed in the ordinary course of business, and (B) the
incurrence of indebtedness secured by a Permitted Lien of the type described in clause (i) or (ii)
of the definition of “Permitted Lien”) is deemed in the ordinary course of business, and (C)
transactions specifically permitted by other provisions of this Agreement are not prohibited by
this clause (iii));

          (iv) sell or transfer any Collateral (except that, provided no Default or Event of Default has
occurred and is continuing, Borrower may do the following in good faith arm’s length transactions,
in the ordinary course of business: (A) sell Inventory; (B) enter into non-exclusive licenses with
respect to its Intellectual Property; (C) trade-in or dispose of obsolete or unneeded Equipment);
and (D) make transfers which are Permitted Liens or Permitted Investments;

          (v) store any Inventory or other Collateral with any warehouseman or other third party (except
for locations holding not more than $10,000 of Collateral per location and not more than $100,000
of Collateral in the aggregate).

          (vi) make any loans of any money or other assets to, or purchase the stock or other securities
of, or make any other investment in, any other Person (other than Permitted Investments);

          (vii) guarantee or otherwise become liable with respect to the obligations of a Person other
than (A) another Borrower or (B) a Foreign Sub; provided any such guarantees or liabilities that
are not included within

-4-

 

			
	ORIX
	 	Loan and Security Agreement

the definition of Permitted Indebtedness shall not exceed $200,000 in the
aggregate for all Foreign Subs;

          (viii) pay or declare any dividends on Borrower’s stock (other than dividends payable solely
in shares of stock of Borrower and dividends paid by a Subsidiary to Parent);

          (ix) redeem, retire, purchase or otherwise acquire, directly or indirectly, any of Borrower’s
stock, except for repurchases of stock of former employees or directors of Borrower to the extent
permitted under Borrower’s equity incentive or similar plan, provided no Default or Event of Default shall exist at the time of
such repurchase or would exist after giving effect to such repurchase, and provided such
repurchases do not exceed in the aggregate $100,000 in any fiscal year;

          (x) incur or permit to be outstanding any Indebtedness other than Permitted Indebtedness;

          (xi) create a Subsidiary (other than a Foreign Sub) of Borrower or permit a Subsidiary (other
than a Foreign Sub) of Borrower to be created, unless such Subsidiary executes and delivers to ORIX
a continuing guaranty with respect to the Obligations and a Security Agreement granting ORIX a
security interest in all of such Subsidiary’s assets other than the types of assets excluded from
the definition of Collateral contained herein (subject only to Permitted Liens), or such Subsidiary
becomes a co-borrower hereunder, as selected by ORIX and pursuant to documentation in such form as
ORIX shall reasonably specify;

          (xii) reincorporate in another state; or

          (xiii) dissolve or elect to dissolve; or

          (xiv) agree to do any of the foregoing, unless such agreement is subject to ORIX’s consent
given prior to closing the transaction.

     4.6 Litigation Cooperation. Should any third-party suit or proceeding be instituted by or
against ORIX with respect to any Collateral or in any manner relating to Borrower, Borrower shall,
without expense to ORIX, make available Borrower and its officers, employees and agents, and
Borrower’s books and records, without charge, to the extent that ORIX may deem them reasonably
necessary in order to prosecute or defend any such suit or proceeding.

     4.7 Notification of Changes. Borrower will promptly notify ORIX in writing of any change in
its executive officers or directors, the opening of any new bank account or other Deposit Account
(other than accounts opened outside the United States which do not at any time have more than
$50,000), and any Material Adverse Change.

     4.8 Financial Covenants. Parent shall comply with all of the Financial Covenants set forth in
the Schedule, and all other covenants and provisions set forth in the Schedule.

     4.9 Landlord Agreements. Borrower shall, from time to time, upon ORIX’s request, use its
commercially reasonable efforts to obtain written waivers and agreements from Borrower’s landlords
with respect to Borrower’s premises in the United States, on such form and containing such
provisions as ORIX shall reasonably specify.

     4.10 Board Information Rights.

	 	(a)	 	Parent shall notify ORIX in writing at least ten days in advance of the time and place
of any regularly scheduled meeting, or as soon as reasonably possible of any unscheduled
meeting, of the Board of Directors of Parent (including without limitation telephone,
conference call and video meetings) (all said scheduled and unscheduled meetings being
referred to herein as “Board Meetings”). In the event of a change in the date for any such
meeting, Parent shall notify ORIX in writing of the same at the time it notifies the
directors of the change. Parent shall give ORIX copies of all notices, minutes, consents
and other materials the Parent provides to its directors in connection with said Board
Meetings, at the same time as provided to its directors (or as soon as reasonably
practicable thereafter); provided that Parent shall not be obligated to provide ORIX with
any information that is subject to any attorney-client privilege.
	 
	 	(b)	 	Within five Business Days following each Board Meeting, Parent shall hold a meeting
with ORIX, at which an executive officer of the Parent who was present at the Board
Meeting shall be present (the “Board Briefing”). The Board Briefing shall be by telephone
(unless ORIX requests that it be in person). (In the event ORIX requests that the Board
Briefing be in person, it shall be held within ten, rather than five, Business Days
following the Board Meeting.) At the Board Briefing, the executive officer of the Parent
shall disclose to ORIX all material information discussed at the Board Meeting and all
actions taken at the Board Meeting, and shall answer questions asked by ORIX with respect
thereto; provided that the executive officer shall not be obligated to provide ORIX with
any information that is subject to any attorney-client privilege.
	 
	 	(c)	 	If any Event of Default has occurred and is continuing and ORIX has given written
notice of such Event of Default to Parent, then ORIX shall have the right to have a
representative attend all 

-5-

 

			
	ORIX
	 	Loan and Security Agreement

	 	 	 	Board Meetings, in a nonvoting-observer capacity.
	 
	 	(d)	 	Any information provided to ORIX under this Section 4.10 shall be subject to the
confidentiality agreement in Section 8.2 of this Agreement.

     4.11 Further Assurances. Borrower agrees, at its expense, on request by ORIX, to execute all
documents and take all actions, as ORIX may deem reasonably necessary or useful in order to perfect
and maintain ORIX’s perfected security interest in the Collateral, and in order to fully consummate the transactions contemplated by this Agreement.

     4.12 Indemnity. Borrower hereby agrees to indemnify the following Persons (collectively, the
“Indemnitees”): ORIX and its affiliates, subsidiaries, parent, directors, officers, employees,
agents, and attorneys, and to hold them harmless from and against any and all claims, debts,
liabilities, demands, obligations, actions, causes of action, penalties, costs and expenses
(including reasonable attorneys’ fees and expenses), of every nature, character and description
(collectively, “Claims”), which any Indemnitee may sustain or incur based upon or arising out of
any of the Obligations arising under or relating to this Agreement or the transactions contemplated
hereby, any relationship or agreement between ORIX and Borrower arising out of, or in connection
with, this Agreement or the transactions contemplated hereby, or any other matter, cause or thing
whatsoever occurred, done, omitted or suffered to be done by any Indemnitee relating to Borrower or
the Obligations arising under or relating to this Agreement or the transactions contemplated
hereby; provided that the indemnity hereunder to an Indemnitee shall not extend to Claims or
damages proximately caused by any Indemnitee’s gross negligence or willful misconduct.
Notwithstanding any provision in this Agreement to the contrary, the indemnity agreement set forth
in this Section shall survive any termination of this Agreement and shall for all purposes continue
in full force and effect.

5. TERM.

     5.1 Maturity Date. On the maturity date set forth on the Schedule (the “Maturity Date”) or
any earlier occurrence of any Event of Default, Borrower shall pay in full all outstanding
Obligations arising under or relating to this Agreement or the transactions contemplated hereby
(other than inchoate indemnity obligations), whether evidenced by installment notes or otherwise,
and whether or not all or any part of such Obligations are otherwise then due and payable.

     5.2 Prepayment. Borrower shall have the option of prepaying the principal amount of the
Loan, prior to the Maturity Date, in whole or in part, provided that Borrower concurrently pays
ORIX (i) all accrued and unpaid interest on the principal so prepaid and (ii) a prepayment fee
equal to 2.00% of the amount prepaid if prepayment occurs on or prior to the first anniversary of
the date of this Agreement. Said prepayment fee shall be due from Borrower to ORIX upon any
prepayment of the principal of the Loan, including without limitation any prepayment as a result of
an Event of Default or the exercise of any rights or remedies by ORIX following the same.
Prepayments of the Loan shall be applied to the principal installments due on the Loan in the
inverse order of their maturity. After the first anniversary of the date of this Agreement, the
Loan may be prepaid in whole or in part without premium or penalty.

     5.3 Termination Statements. Upon payment and performance in full of all Obligations arising
under or relating to this Agreement or the transactions contemplated hereby (other than inchoate
indemnity obligations), and, if an Event of Default has occurred and is continuing, all other
Obligations, ORIX shall promptly deliver to Borrower UCC termination statements and such other
documents as may be reasonably required to terminate ORIX’s security interests in the Collateral.

6. EVENTS OF DEFAULT AND REMEDIES.

     6.1 Events of Default. The occurrence of any of the following events shall constitute an
“Event of Default” under this Agreement, and Borrower shall give ORIX immediate written notice
thereof upon becoming aware of the same:

     (a) any warranty, representation, statement, report or certificate made or delivered to ORIX
by any Borrower or any Borrower’s officers, employees or agents, now or in the future, shall be
untrue or misleading in a material respect; or

     (b) Borrower shall fail to pay any principal or interest payment on any Loan within three
Business Days after the date due; or

     (c) Borrower shall fail to pay any other monetary Obligation, within three Business Days after
the date due; or

     (d) Parent shall fail to comply with any of the Financial Covenants set forth in the Schedule
or with any provision under Subsection 4.5 or 4.10 hereof; or

     (e) Borrower shall fail to perform any non-monetary Obligation within five Business Days after
the date due; or

     (f) any levy, assessment, attachment, seizure, lien or encumbrance (other than a Permitted
Lien) is made on all or any part of the Collateral with a value in the aggregate in excess of
$100,000, which is not cured within 15 days after the occurrence of the same; or

     (g) any Borrower breaches any material contract or obligation, which has or may reasonably be
expected to

-6-

 

			
	ORIX
	 	Loan and Security Agreement

have a material adverse effect on the business or financial condition of Borrower taken
as a whole; or

     (h) a judgment or judgments for the payment of money in an amount, individually or in the
aggregate, of $100,000 or more shall be rendered against any Borrower and shall remain unsatisfied
and unstayed for a period of 15 days after the entry thereof;

     (i) dissolution, termination of existence, insolvency, business failure or temporary or
permanent suspension of business of any Borrower; or appointment of a receiver, trustee or custodian, for all or any part of the property of, assignment for the benefit of
creditors by, or the commencement of any proceeding by or against any Borrower under any
reorganization, bankruptcy, insolvency, arrangement, readjustment of debt, dissolution or
liquidation law or statute of any jurisdiction, now or in the future in effect, and in the case of
an involuntary proceeding is not dismissed or stayed within 45 days; or

     (j) revocation or termination of, or limitation or denial of liability upon, any guaranty of
the Obligations or any attempt to do any of the foregoing; or

     (k) revocation or termination of, or limitation or denial of liability upon, any pledge of any
certificate of deposit, securities, money or other property or asset pledged by any third party to
secure any or all of the Obligations, or any attempt to do any of the foregoing, or commencement of
proceedings by or against any such third party under any bankruptcy or insolvency law; or

     (l) there shall be a change in the record or beneficial ownership of an aggregate of more than
35% of the outstanding shares of stock or other equity ownership interest in Parent, in one or more
transactions, compared to the ownership of outstanding shares of stock of Parent in effect on the
date hereof, without the prior written consent of ORIX, except as a result of a public offering of
Parent’s equity securities; or

     (m) any Borrower shall generally not pay its debts as they become due, or any Borrower shall
conceal, remove or transfer any part of its property, with intent to hinder, delay or defraud its
creditors, or make or suffer any transfer of any of its property which may be fraudulent under any
bankruptcy, fraudulent conveyance or similar law; or

     (n) a Material Adverse Change shall occur; or

     (o) Borrower makes any payment on account of any indebtedness or obligation which has been
subordinated to the Obligations other than as permitted in the applicable subordination agreement,
or if any Person who has subordinated such indebtedness or obligations terminates or in any way
limits such subordination agreement; or

     (p) an event of default shall occur and be continuing under any other Loan Document (after
giving effect to, but without duplication of, grace periods under such other Loan Document
applicable thereto); or

     (q) any default or event of default shall occur under any document, instrument or agreement
relating to any Permitted Lien securing an amount in excess of $100,000, or any Permitted
Indebtedness in an amount in excess of $100,000, which is not cured within any applicable cure
period.

ORIX may cease making any Loans hereunder during any of the above cure periods, and thereafter if
an Event of Default has occurred and is continuing.

     6.2 Remedies. Upon the occurrence and during the continuance of any Event of Default, ORIX,
at its option, and without notice or demand of any kind (all of which are hereby expressly waived
by Borrower), may do any one or more of the following:

     (a) Cease making Loans or otherwise extending credit to Borrower under this Agreement or any
other document or agreement;

     (b) Accelerate and declare all or any part of the Obligations to be immediately due, payable,
and performable, notwithstanding any deferred or installment payments allowed by any instrument
evidencing or relating to any Obligation;

     (c) Accelerate or extend the time of payment of, compromise, issue credits on, or bring suit
on the Accounts and other Collateral (in the name of Borrower or ORIX), settle or adjust disputes
or claims directly with Account Debtors for amounts and upon terms which it considers advisable,
and notify Account Debtors on the Accounts and other Collateral that the Accounts and Collateral
have been assigned to ORIX, and that payments in respect thereof shall be made directly to ORIX,
and otherwise administer and collect the Accounts and other Collateral;

     (d) Collect, receive, dispose of and realize upon any Investment Property, including
withdrawal of any and all funds from any securities accounts;

     (e) Take possession of any or all of the Collateral wherever it may be found, and for that
purpose Borrower hereby authorizes ORIX without judicial process to enter onto any of Borrower’s
premises without interference to search for, take possession of, keep, store, or remove any of the
Collateral, and remain on the premises or cause a custodian to remain on the premises in exclusive
control thereof, without charge for so long as ORIX deems it reasonably necessary in order to
complete the enforcement of its rights under this Agreement or any other agreement; provided,
however, that should ORIX seek to take possession of any of the Collateral by court process,
Borrower hereby irrevocably waives: (i) any

-7-

 

			
	ORIX
	 	Loan and Security Agreement

bond and any surety or security relating thereto
required by any statute, court rule or otherwise as an incident to such possession; (ii) any demand
for possession prior to the commencement of any suit or action to recover possession thereof; and
(iii) any requirement that ORIX retain possession of, and not dispose of, any such Collateral until
after trial or final judgment;

     (f) Require Borrower to assemble any or all of the Collateral and make it available to ORIX at
places designated by ORIX which are reasonably convenient to ORIX and Borrower, and to remove the Collateral to such locations as ORIX may deem advisable;

     (g) Complete the processing, manufacturing or repair of any Collateral prior to a disposition
thereof and, for such purpose and for the purpose of removal, ORIX shall have the right to use
Borrower’s premises, vehicles, hoists, lifts, cranes, equipment and all other property without
charge;

     (h) Sell, lease or otherwise dispose of any of the Collateral, in its condition at the time
ORIX obtains possession of it or after further manufacturing, processing or repair, at one or more
public and/or private sales, in lots or in bulk, for cash, exchange or other property, or on
credit, and to adjourn any such sale from time to time without notice other than oral announcement
at the time scheduled for sale. ORIX shall have the right to conduct such disposition on
Borrower’s premises without charge, for such time or times as ORIX deems reasonable, or on ORIX’s
premises, or elsewhere and the Collateral need not be located at the place of disposition. ORIX
may directly or through any affiliated company purchase or lease any Collateral at any such public
disposition, and if permissible under applicable law, at any private disposition. Any sale or
other disposition of Collateral shall not relieve Borrower of any liability Borrower may have if
any Collateral is defective as to title or physical condition or otherwise at the time of sale.

All reasonable attorneys’ fees, expenses, costs, liabilities and obligations incurred by ORIX with
respect to the foregoing shall be added to and become part of the Obligations, shall be due on
demand, and shall bear interest at a rate equal to the highest interest rate applicable to any of
the Obligations. Without limiting any of ORIX’s rights and remedies, from and after the
occurrence, and during the continuance, of any Event of Default, the interest rate applicable to
the Obligations shall be increased by an additional two percent per annum.

     6.3 Standards for Determining Commercial Reasonableness. Borrower and ORIX agree that a sale
or other disposition (collectively, “sale”) of any Collateral which complies with the following
standards will conclusively be deemed to be commercially reasonable: (i) Notice of the sale is
given to Borrower at least seven days prior to the sale, and, in the case of a public sale, notice
of the sale is published at least seven days before the sale in a newspaper of general circulation
in the county where the sale is to be conducted; (ii) Notice of the sale describes the collateral
in general, non-specific terms; (iii) The sale is conducted at a place designated by ORIX, with or
without the Collateral being present; (iv) The sale commences at any time between 8:00 a.m. and
6:00 p.m.; (v) Payment of the purchase price in cash or by cashier’s check or wire transfer is
required; (vi) With respect to any sale of any of the Collateral, ORIX may (but is not obligated
to) direct any prospective purchaser to ascertain directly from Borrower any and all information
concerning the same. ORIX shall be free to employ other methods of noticing and selling the
Collateral, in its discretion, if they are commercially reasonable.

     6.4 Investment Property. If a Default or an Event of Default has occurred and is continuing,
Borrower shall hold all payments on, and proceeds of, and distributions with respect to, Investment
Property in trust for ORIX, and Borrower shall deliver all such payments, proceeds and
distributions to ORIX, immediately upon receipt, in their original form, duly endorsed, to be
applied to the Obligations in such order as ORIX shall determine. Borrower recognizes that ORIX may
be unable to make a public sale of any or all of the Investment Property, by reason of prohibitions
contained in applicable securities laws or otherwise, and expressly agrees that a private sale to a
restricted group of purchasers for investment and not with a view to any distribution thereof shall
be considered a commercially reasonable sale thereof.

     6.5 Power of Attorney. Borrower grants to ORIX an irrevocable power of attorney coupled
with an interest, authorizing and permitting ORIX (acting through any of its employees, attorneys
or agents) at any time, at its option, but without obligation, with or without notice to Borrower,
and at Borrower’s expense, to do any or all of the following, in Borrower’s name or otherwise, but
ORIX agrees to exercise the following powers in a commercially reasonable manner: (a) Execute on
behalf of Borrower any documents that ORIX may, in its good faith business judgment, deem advisable
in order to perfect and maintain ORIX’s security interest in the Collateral, or in order to
exercise a right of Borrower or ORIX, or in order to fully consummate all the transactions
contemplated under this Agreement, or under any other Loan Documents, to make any payment or take
any action reasonably necessary to protect or preserve any Collateral or ORIX’s security interest
therein or the priority thereof; (b) After the occurrence and during the continuance of any Event
of Default, without limiting ORIX’s other rights and remedies, do any of the following: (i) Take
control in any manner of any cash or non-cash items of payment or proceeds of Collateral; endorse
the name of Borrower upon any instruments, or

-8-

 

			
	ORIX
	 	Loan and Security Agreement

documents, evidence of payment or Collateral that may
come into ORIX’s possession; (ii) Grant extensions of time to pay, compromise claims and settle
Accounts, General Intangibles and Other Property for less than face value and execute all releases
and other documents in connection therewith; (iii) Pay any sums required on account of Borrower’s
taxes or to secure the release of any liens therefor; (iv) Settle and adjust, and give releases of,
any insurance claim that relates to any of the Collateral and obtain payment therefor; and (v)
execute and deliver to any securities intermediary or other Person any entitlement order, account
control agreement or other notice, document or instrument with respect to any Investment Property
constituting Collateral, in commercially reasonable form or, in the case of control agreements, comparable to existing control agreements executed pursuant to this Agreement.

     6.6 Application of Proceeds. All proceeds realized as the result of any sale or other
disposition of the Collateral shall be applied by ORIX first to the reasonable costs, expenses,
liabilities, obligations and attorneys’ fees incurred by ORIX in the exercise of its rights under
this Agreement, second to the interest due upon any of the Obligations, and third to the principal
of the Obligations, in such order as ORIX shall determine in its sole discretion. Any surplus
shall be paid to Borrower or other Persons legally entitled thereto; Borrower shall remain liable
to ORIX for any deficiency. If ORIX, in its sole discretion, directly or indirectly enters into a
deferred payment or other credit transaction with any purchaser at any sale of Collateral, ORIX
shall have the option, exercisable at any time, in its sole discretion, of either reducing the
Obligations by the principal amount of purchase price or deferring the reduction of the Obligations
until the actual receipt by ORIX of the cash therefor.

     6.7 Remedies Cumulative. In addition to the rights and remedies set forth in this Agreement,
ORIX shall have all the other rights and remedies accorded a secured party under the Code and under
all other applicable laws, and under any other instrument or agreement now or in the future entered
into between ORIX and Borrower, and all of such rights and remedies are cumulative and none is
exclusive. Exercise or partial exercise by ORIX of one or more of its rights or remedies shall not
be deemed an election, nor bar ORIX from subsequent exercise or partial exercise of any other
rights or remedies. The failure or delay of ORIX to exercise any rights or remedies shall not
operate as a waiver thereof, but all rights and remedies shall continue in full force and effect
until all of the Obligations arising under or relating to this Agreement or the transactions
contemplated hereby (other than inchoate indemnity obligations) have been fully paid and performed.

7. DEFINITIONS. As used in this Agreement, the following terms have the following meanings:

     “Accounts” means all of the following, now owned and hereafter acquired by Borrower:
all “accounts” as defined in the Code in effect on the date hereof with such additions to such term
as may hereafter be made (whether or not earned by performance), and all guaranties and other
security therefor, and all rights of stoppage in transit and all other rights or remedies of an
unpaid vendor, lienor or secured party.

     “Account Debtor” means the obligor on an Account.

     “Agreement” and “this Agreement” means this Loan and Security Agreement and
all Exhibits and Schedules hereto and all modifications and amendments to, extensions of, and
replacements for this Agreement.

     “Business Day” means any day other than a Saturday, Sunday or any other day on which
commercial banks in New York are required or permitted by law to close.

     “Code” means the Uniform Commercial Code as adopted and in effect in the State of New
York on the date hereof.

     “Collateral” has the meaning set forth in Section 2.1 above.

     “continuing” when used with reference to a Default or an Event of Default means that
the Default or Event of Default has occurred and has not been either waived in writing by ORIX or
cured within any applicable cure period.

     “Default” means any event which with notice or passage of time or both, would
constitute an Event of Default.

     “Deposit Account” means all of the following, now owned and hereafter acquired by
Borrower: all “deposit accounts” as defined in the Code in effect on the date hereof with such
additions to such term as may hereafter be made, and includes without limitation all general and
special bank accounts, demand accounts, checking accounts, savings accounts and certificates of
deposit.

     “Equipment” means all of the following, now owned and hereafter acquired by Borrower:
all “equipment” as defined in the Code in effect on the date hereof with such additions to such
term as may hereafter be made, and includes without limitation all machinery, fixtures, goods,
vehicles, and any interest in any of the foregoing.

     “Event of Default” means any of the events set forth in Section 6.1 of this Agreement.

     “GAAP” means generally accepted accounting principles consistently applied.

     “General Intangibles” means all of the following, now owned and hereafter acquired by
Borrower: all “general

-9-

 

			
	ORIX
	 	Loan and Security Agreement

intangibles” as defined in the Code in effect on the date hereof with such
additions to such term as may hereafter be made, and includes without limitation all Intellectual
Property, Deposit Accounts, royalties, contract rights, goodwill, franchise agreements, purchase
orders, customer lists, route lists, telephone numbers, licenses, permits, domain names, claims,
income tax refunds, security and other deposits, options to purchase or sell real or personal
property, rights in all litigation presently or hereafter pending (whether in contract, tort or
otherwise), insurance policies (including without limitation key man, property damage, and business
interruption insurance), payments of insurance and rights to payment of any kind.

     “Indebtedness” means (a) indebtedness for borrowed money or the deferred price of
property or services, such as reimbursement and other obligations for surety bonds and letters of
credit, (b) obligations evidenced by notes, bonds, debentures or similar instruments, (c) capital
lease obligations, (d) obligations relating to outstanding letters of credit, (e) obligations from
any interest rate, currency or commodity swap agreement, interest rate cap or collar agreement, or
other agreement or arrangement designated to protect a Person against fluctuation in interest
rates, currency exchange rates or commodity prices, and (f) obligations under guarantees (without
duplication of any underlying Indebtedness), and indemnity agreements and similar agreements (other
than reasonable and customary indemnification provisions in agreements with third parties).

     “Intellectual Property” means all of the following, now owned and hereafter acquired
by Borrower: all (a) copyrights, copyright rights, copyright applications, copyright registrations
and like protections in each work of authorship and derivative work thereof, whether published or
unpublished, (b) trade secret rights, including all rights to unpatented inventions and know-how,
and confidential information; (c) mask work or similar rights available for the protection of
semiconductor chips; (d) patents, patent applications and like protections including without
limitation improvements, divisions, continuations, renewals, reissues, extensions and
continuations-in-part of the same; (e) trademarks, servicemarks, trade styles, and trade names,
whether or not any of the foregoing are registered, and all applications to register and
registrations of the same and like protections, and the entire goodwill of the business of Borrower
connected with and symbolized by any such trademarks; (f) computer software and computer software
products; (g) designs and design rights; (h) technology; (i) all claims for damages by way of past,
present and future infringement of any of the rights included above; (j) all licenses or other
rights to use any property or rights of a type described above.

     “Inventory” means all of the following, now owned and hereafter acquired by Borrower:
all “inventory” as defined in the Code in effect on the date hereof with such additions to such
term as may hereafter be made, and includes without limitation all merchandise, raw materials,
parts, supplies, packing and shipping materials, work in process and finished products, including
without limitation such inventory as is temporarily out of Borrower’s custody or possession or in
transit and including any returned goods and any documents of title representing any of the above.

     “Investment Property” means all of the following, now owned and hereafter acquired by
Borrower: all investment property, securities, stocks, bonds, debentures, debt securities,
partnership interests, limited liability company interests, options, security entitlements,
securities accounts, commodity contracts, commodity accounts, and all financial assets held in any
securities account or otherwise, wherever located, and all other securities of every kind, whether
certificated or uncertificated.

     “Loan Documents” means this Loan Agreement and all other present and future documents,
instruments and agreements securing or evidencing any Loan or otherwise relating hereto.

     “Material Adverse Change” means (i) a material adverse change in the business,
operations, results of operations, assets, liabilities, or financial condition of Borrower taken as
a whole, (ii) the impairment of the ability of Borrower taken as a whole to perform the
Obligations, or any material impairment of ORIX’s ability to enforce the Obligations arising under
or relating to this Agreement or the transactions contemplated hereby or realize upon the
Collateral, or (iii) a material adverse change in the value of the Collateral or the amount which
ORIX would be likely to receive in the liquidation of the Collateral.

     “Obligations” means all present and future Loans, advances, debts, liabilities,
obligations, guaranties, covenants, duties and indebtedness at any time owing by Borrower or any of
its Subsidiaries to ORIX or its parent or any of its subsidiaries or affiliates, whether evidenced
by this Agreement or any note or other instrument or document, whether arising from an extension of
credit, loan, guaranty, indemnification or otherwise, whether direct or indirect (but not including
those acquired by ORIX by assignment from third parties, and not including any participation by
ORIX in Borrower’s indebtedness or obligations owing to others), absolute or contingent, due or to
become due, including, without limitation, all interest, charges, expenses, fees, attorney’s fees,
expert witness fees, audit fees, loan fees, prepayment fees, and any other sums chargeable to
Borrower under this Agreement or under any other present or future instrument or agreement between
Borrower and ORIX

-10-

 

			
	ORIX
	 	Loan and Security Agreement

(but not including those acquired by ORIX by assignment from third parties, and
not including any participation by ORIX in Borrower’s indebtedness or obligations owing to others).
Notwithstanding anything to the contrary contained herein, the term “Obligations” shall not include
any obligations of Borrower under the Warrant or any equity-related document executed in connection
with the Warrant.

     “Other Property” means all of the following, now owned and hereafter acquired by
Borrower: all of the following as defined in the Code in effect on the date hereof with such
additions to such term as may hereafter be made, and all rights relating thereto: “documents”,
“instruments”, “chattel paper”, “letters of credit”, “fixtures”, and “money”, and all other
tangible and intangible personal property and rights of any other kind which are not included in
the other items of Collateral, whether or not covered by the Code.

     “Permitted Indebtedness” means: (a) Borrower’s Indebtedness to ORIX under this
Agreement or any other Loan Document; (b) Indebtedness existing on the date hereof in a principal amount not in excess of $250,000; (c) Indebtedness subordinated to the
Obligations pursuant to an agreement in form and substance acceptable to ORIX in its good faith
business judgment; (d) Indebtedness incurred as a result of endorsing negotiable instruments
received in the ordinary course of business; (e) capitalized leases and purchase money Indebtedness
secured by Permitted Liens in an aggregate amount not exceeding $750,000 at any time outstanding
(including any such Indebtedness presently outstanding under clause (b) above); (f) Permitted
Oracle Indebtedness; (g) Indebtedness relating to letters of credit in an aggregate amount at any
one time outstanding not in excess of $500,000 (including any such Indebtedness presently
outstanding under clause (b) above); (h) trade payables in the ordinary course of business; and (i)
extensions, refinancings, modifications, amendments and restatements of any items of Permitted
Indebtedness (b) through (h) above, provided that the principal amount thereof is not increased and
the terms thereof are not modified to impose more burdensome terms upon Borrower.

“Permitted Investment” means:

     (a) Investments existing on the date hereof disclosed on Exhibit A;

     (b) (i) Marketable direct obligations issued or unconditionally guaranteed by the United
States of America or any agency or any State thereof maturing within one year from the date of
acquisition thereof, (ii) commercial paper maturing no more than one year from the date of creation
thereof and currently having rating of at least A-2 or P-2 from either Standard & Poor’s
Corporation or Moody’s Investors Service, (iii) bank certificates of deposit maturing no more than
one year from the date of investment therein, (iv) bank money market accounts, and (v) Investments
in regular deposit or checking accounts held with a bank;

     (c) Repurchases of stock permitted by this Agreement;

     (d) Investments by a Borrower in another Borrower;

     (e) Investments not to exceed $250,000 outstanding in the aggregate at any time consisting of
(i) travel advances and employee relocation loans and other employee loans and advances in the
ordinary course of business, and (ii) loans to employees, officers or directors relating to the
purchase of equity securities of Parent pursuant to employee stock purchase plan agreements
approved by Parent’s Board of Directors;

     (f) Investments (including debt obligations) received in connection with the bankruptcy or
reorganization of customers or suppliers and in settlement of delinquent obligations of, and other
disputes with, customers or suppliers arising in the ordinary course of Borrower’s business;

     (g) Joint ventures or strategic alliances in the ordinary course of Borrower’s business
consisting of the non-exclusive licensing of technology, the development of technology or the
providing of technical support, provided that any cash investments by Borrower do not exceed
$100,000 in the aggregate in any fiscal year;

     (h) promissory notes made by employees, consultants or directors of the Parent in favor of
Parent solely in consideration of the purchase of the capital stock of Parent, but only to the
extent Parent does not advance cash to the makers of such promissory notes;

     (i) Investments in Foreign Subs permitted under Section 7(d) of the Schedule; and

     (j) Other investments not otherwise permitted by Section 4.5(vi) not exceeding $50,000 in
the aggregate outstanding at any time.

     “Permitted Liens” shall mean the following: (i) purchase money security interests in
specific items of Equipment, and rights of lessors under capital lease obligations permitted under
this Agreement in the Equipment subject to such leases; (ii) leases of specific items of Equipment;
(iii) liens for taxes, fees, assessments or other governmental charges or levies, either not
delinquent or being contested in good faith by appropriate proceedings, provided the same have no
priority over any of ORIX’s security interests; (iv) liens of materialmen, mechanics, warehousemen,
carriers, or other similar liens arising in the ordinary course of business and securing
obligations which are not delinquent or are being contested in good faith by appropriate
proceedings, (v) liens which constitute banker’s liens, rights of set-off or similar rights as to
deposit accounts or other funds maintained with a bank or other financial institution (but

-11-

 

			
	ORIX
	 	Loan and Security Agreement

only to
the extent such banker’s liens, rights of set-off or other rights are in respect of customary
service charges relative to such deposit accounts and other funds, and not in respect of any loans
or other extensions of credit by such bank or other financial institution to Borrower), (vi) cash
deposits or pledges of an aggregate amount not to exceed $250,000 to secure the payment of worker’s
compensation, unemployment insurance or other social security benefits or obligations, public or
statutory obligations, surety or appeal bonds, bid or performance bonds, or other obligations of a
like nature incurred in the ordinary course of business, (vii) liens arising from judgments,
decrees or attachments in circumstances not constituting an Event of Default, (viii) non-exclusive
licenses or sublicenses granted in the ordinary course of Borrower’s business and, with respect to
any licenses under which Borrower is a licensee, the interest or title of the licensor under such
license or sublicense, (ix) leases or subleases of real property granted in the ordinary course of
Borrower’s business, including in connection with Borrower’s leased premises or leased property,
(x) liens in favor of customs and revenue authorities arising as a matter of law, in the ordinary
course of Borrower’s business, to secure payment of customs duties in connection with the importation of goods,
(xi) easements, reservations, rights-of-way, restrictions, minor defects or irregularities in title
and other similar liens affecting real property not interfering in any material respect with the
ordinary conduct of the business of Borrower, and (xii) liens incurred in connection with the
extension, renewal or refinancing of the indebtedness secured by Liens of the type described in the
foregoing clauses, provided that any extension, renewal or replacement lien shall be limited to the
property encumbered by the existing lien and the principal amount of the indebtedness being
extended, renewed or refinanced does not increase.

     “Person” means any individual, sole proprietorship, partnership, joint venture, trust,
limited liability company, unincorporated organization, association, corporation, government, or
any agency or political division thereof, or any other entity.

     “Prime Rate” means the rate of interest per annum publicly announced from time to time
by Citibank N.A., or, if not available, another major money center bank in New York City selected
by ORIX in its sole discretion, as its prime rate in effect (said prime rate not being intended to
be the lowest rate of interest charged by the referenced bank in connection with extensions of
credit), or if such rate is not available, by a reasonable alternative means of determining the
rate of interest selected by ORIX in its sole discretion.

     “Representations” means the written Representations and Warranties previously
delivered by Parent to ORIX dated September 23, 2008.

     “Subsidiary” of Borrower means any corporation, partnership, limited liability company
or other entity or organization which is directly or indirectly controlled by Borrower. For
purposes of this definition, “control” shall mean the power to elect a majority of the board of
directors or similar body of such entity or to direct the management or policies of such entity.

     “Warrant” means the warrant to purchase stock of the Parent being issued to ORIX
Finance Equity Investors, LP, a Delaware limited partnership, concurrently herewith, and all
extensions and renewals thereof and replacements therefor.

     Other Terms. All accounting terms used in this Agreement, unless otherwise indicated,
shall have the meanings given to such terms in accordance with GAAP. All other terms contained in
this Agreement, unless otherwise indicated, shall have the meanings provided by the Code, to the
extent such terms are defined therein.

8. GENERAL PROVISIONS.

     8.1 Payments. All payments with respect to the Obligations shall be made to ORIX by wire
transfer in accordance with written instructions from ORIX. Payments may be applied and reversed
and re-applied, to the Obligations, in such order and manner as ORIX shall determine in its good
faith business judgment. If a payment hereunder becomes due and payable on a day which is not a
Business Day, the due date thereof shall be extended to the next succeeding Business Day, and
interest shall be payable thereon during such extension.

     8.2 Confidentiality. ORIX agrees to use the same degree of care that it exercises with
respect to its own proprietary information, to maintain the confidentiality of any and all
proprietary, trade secret or confidential information provided to or received by ORIX from the
Borrower, which would reasonably be understood to be confidential, including business plans and
forecasts, non-public financial information, confidential or secret processes, formulae, devices
and contractual information, customer lists, and employee relation matters, provided that ORIX may
disclose such information on a need-to-know basis (and so long as such Persons agree to maintain
the same degree to confidentiality as required under this Section 8.2) to its officers, directors,
employees, attorneys, accountants, affiliates, participants, prospective participants, assignees
and prospective assignees, and such other Persons to whom ORIX shall at any time be required to
make such disclosure in accordance with applicable law, and provided, that the foregoing provisions
shall not apply to disclosures made by ORIX in its good faith business judgment and in a
commercially reasonable manner, in connection with the enforcement of its rights or remedies after
an Event of Default. The confidentiality agreement in this Section

-12-

 

			
	ORIX
	 	Loan and Security Agreement

supersedes any prior
confidentiality agreement of ORIX relating to Borrower.

     8.3 Additional Lender. ORIX, at its option and expense, with the prior written consent of
Borrower (such consent not to be unreasonably withheld) unless an Event of Default shall have
occurred and be continuing, may designate another institutional lender to replace ORIX in providing
all or a portion of the Loan (the “Additional Lender”), and Borrower shall cooperate with the same,
provided that, if an Event of Default has occurred and is continuing, Borrower’s consent shall not
be required and the transaction shall be at Borrower’s cost. In connection with the Additional
Lender replacing ORIX as the lender of all or a portion of the Loan, this Agreement and the other
Loan Documents shall, at the sole election of ORIX, be split or divided into two notes and two loan
and security agreements, each of which shall cover all or a portion of the Collateral, as
designated by ORIX. To that end, Borrower, upon written request of ORIX, shall execute,
acknowledge and deliver to ORIX and/or its designee or designees substitute notes, loan agreements,
security instruments and security agreements in such principal amounts, containing terms,
provisions and clauses substantially identical to those contained in this Agreement, and such other
documents and instruments (subject to the provisions hereof), in favor of the Additional Lender (the “Additional Lender
Documents”) and appropriate amendments to this Loan Agreement and the other Loan Documents
(including without limitation an intercreditor agreement between ORIX and the Additional Lender),
all as may be reasonably required by ORIX. Without limiting the foregoing, the Additional Lender
Documents and the amendment to this Loan Agreement, shall provide that an Event of Default under
the Additional Lender Documents constitute an Event of Default under the Loan Documents, and vice
versa.

     8.4 Notices. All notices to be given under this Agreement shall be in writing and shall be
given either personally or by reputable private delivery service or by regular first-class mail, or
certified mail return receipt requested, addressed as follows: (a) if to Borrower, at its address
shown in the heading to this Agreement; and (b) if to ORIX, at ORIX Venture Finance LLC, 245 Park
Avenue, 19th Floor, New York, NY 10167, Attention: Mr. Kevin Sheehan. The parties hereto may
change the address at which they are to receive notices hereunder, by notice in writing in the
foregoing manner given to all other parties. All notices shall be deemed to have been given upon
delivery in the case of notices personally delivered, or at the expiration of one Business Day
following delivery to the private delivery service, or two Business Days following the deposit
thereof in the United States mail, with postage prepaid.

     8.5 Attorneys Fees and Costs. Borrower shall reimburse ORIX for all reasonable attorneys’
fees and all filing, recording, search, title insurance, appraisal, audit, and other reasonable
costs incurred by ORIX, pursuant to, or in connection with, or relating to this Agreement (whether
or not a lawsuit is filed), including, but not limited to, out of pocket costs and expenses in
connection with any board of directors meeting observation rights provided to ORIX under this
Agreement, all reasonable attorneys’ fees and costs ORIX incurs in order to do the following:
prepare and negotiate this Agreement and the documents relating to this Agreement; obtain legal
advice in connection with this Agreement or Borrower; enforce, or seek to enforce, any of its
rights; prosecute actions against, or defend actions by, Account Debtors as and when permitted by
this Agreement; commence, intervene in, or defend any action or proceeding relating to Collateral
or Borrower; initiate any complaint to be relieved of the automatic stay in bankruptcy; file or
prosecute any probate claim, bankruptcy claim, third-party claim, or other claim relating to
Collateral or Borrower; protect, obtain possession of, lease, dispose of, or otherwise enforce
ORIX’s security interest in, the Collateral; after the occurrence and during the continuance of an
Event of Default, represent ORIX in connection with any sale by ORIX of the Loan or any interest or
participation in the Loan, including without limitation the preparation and negotiation of
documentation relating to the same; and otherwise represent ORIX in any litigation relating to
Borrower. If either ORIX or Borrower files any lawsuit against the other predicated on a breach of
this Agreement, the prevailing party in such action shall be entitled to recover its reasonable
costs and attorneys’ fees, including (but not limited to) reasonable attorneys’ fees and costs
incurred in the enforcement of, execution upon or defense of any order, decree, award or judgment.

     8.6 Public Announcement. Borrower hereby agrees that ORIX may, after notice to and reasonable
approval by Borrower of any such announcement materials, make a public announcement of the
transactions contemplated by this Agreement, and may publicize the same in marketing materials,
newspapers and other publications, and otherwise, and in connection therewith may use the
Borrower’s name, tradenames and logos (provided that no notice or approval shall be required with
respect to announcements limited to Borrower’s name, logo and the amount of the Loan).

     8.7 Waivers. The failure of ORIX at any time or times to require Borrower to strictly comply
with any of the provisions of this Agreement or any other present or future agreement between
Borrower and ORIX shall not waive or diminish any right of ORIX later to demand and receive strict
compliance therewith. Any waiver of any default shall not waive or affect any other default,
whether prior or subsequent, and whether or not similar. None of the provisions of this Agreement
or any other agreement now or in the future executed by Borrower and

-13-

 

			
	ORIX
	 	Loan and Security Agreement

delivered to ORIX shall be
deemed to have been waived by any act or knowledge of ORIX or its agents or employees, but only by
a specific written waiver signed by an authorized officer of ORIX and delivered to Borrower.
Borrower waives the benefit of all statutes of limitations relating to any of the Obligations or
this Agreement or any other Loan Document, and Borrower waives demand, protest, notice of protest
and notice of default or dishonor, notice of payment and nonpayment, release, compromise,
settlement, extension or renewal of any commercial paper, instrument, account, Account, General
Intangible, document or guaranty at any time held by ORIX on which Borrower is or may in any way be
liable, and notice of any action taken by ORIX, unless expressly required by this Agreement.
NEITHER ORIX NOR ITS PARENT, NOR ANY OF ITS AFFILIATES, SUBSIDIARIES, DIRECTORS, OFFICERS,
EMPLOYEES, AGENTS OR ATTORNEYS SHALL BE RESPONSIBLE OR LIABLE TO BORROWER OR TO ANY OTHER PARTY FOR
INDIRECT, PUNITIVE, EXEMPLARY OR CONSEQUENTIAL DAMAGES WHICH MAY BE ALLEGED AS A RESULT OF ANY
FINANCIAL ACCOMMODATION HAVING BEEN EXTENDED, SUSPENDED OR TERMINATED UNDER THIS AGREEMENT OR ANY
OTHER LOAN DOCUMENT OR AS A RESULT OF ANY OTHER TRANSACTION CONTEMPLATED HEREUNDER OR THEREUNDER.

     8.8 Savings Clause. ORIX and Borrower intend to contract in strict compliance with applicable
usury law from time to time in effect. In furtherance thereof such Persons stipulate and agree
that none of the terms and provisions contained in the Loan Agreement shall ever be construed to
create a contract to pay, for the use, forbearance or detention of money, interest in excess of the
maximum amount of interest permitted to be charged by applicable law from time to time in effect.
Neither the Borrower nor any present or future guarantors, endorsers, or other Persons hereafter
becoming liable for payment of any Obligation shall ever be liable for unearned interest thereon or
shall ever be required to pay interest thereon in excess of the maximum amount that may be lawfully
charged under applicable law from time to time in effect, and the provisions of this Section 8.8
shall control over all other provisions of the Loan Agreement which may be in conflict herewith.
ORIX expressly disavows any intention to charge or collect excessive unearned interest or finance
charges in the event the maturity of any Obligation is accelerated. If (a) the maturity of any
Obligation is accelerated for any reason, (b) any Obligation is prepaid and as a result any amounts
held to constitute interest are determined to be in excess of the legal maximum, or (c) ORIX or any
other holder of any or all of the Obligations shall otherwise collect amounts which are determined
to constitute interest which would otherwise increase the interest on any or all of the Obligations
to an amount in excess of that permitted to be charged by applicable law then in effect, then all
sums determined to constitute interest in excess of such legal limit shall, without penalty, be
promptly applied to reduce the then outstanding principal of the related Obligations or, at ORIX’s
or such holder’s option, promptly returned to the Borrower upon such determination. In determining
whether or not the interest paid or payable, under any specific circumstance, exceeds the maximum
amount permitted under applicable law, ORIX and the Borrower (and any other payors thereof) shall
to the greatest extent permitted under applicable law, (i) characterize any non-principal payment
as an expense, fee or premium rather than as interest, (ii) exclude voluntary prepayments and the
effects thereof, and (iii) amortize, prorate, allocate, and spread the total amount of interest
through the entire contemplated term of this Agreement in accordance with the amount outstanding
from time to time thereunder and the maximum legal rate of interest from time to time in effect
under applicable law in order to lawfully charge the maximum amount of interest permitted under
applicable law.

     8.9 General. The provisions of this Agreement shall be binding upon and inure to the benefit
of the respective successors, assigns, heirs, beneficiaries and representatives of Borrower and
ORIX; provided, however, that Borrower may not assign or transfer any of its rights under this
Agreement without the prior written consent of ORIX, and any prohibited assignment shall be void.
No consent by ORIX to any assignment shall release Borrower from its liability for the Obligations.
If Borrower consists of more than one Person, their liability shall be joint and several, and the
compromise of any claim with, or the release of, any Borrower shall not constitute a compromise
with, or a release of, any other Borrower. This Agreement and all acts, transactions disputes and
controversies arising hereunder or relating hereto, and all rights and obligations of ORIX and
Borrower shall be governed by, and construed in accordance with the internal laws (and not the
conflict of laws rules) of the State of New York. Each of Borrower and ORIX hereby irrevocably
submits to the non-exclusive jurisdiction of any United States federal or New York State Court
sitting in New York, New York in any action or proceeding arising out of or relating to this
Agreement or any other Loan Document or any act, transaction, dispute or controversy arising
hereunder or thereunder or relating hereto or thereto, and each of Borrower and ORIX hereby
irrevocably agrees that all claims in respect of such action or proceeding may be heard and
determined in any such court and irrevocably waives any objection it may now or hereafter have as
to the venue of any such suit, action or proceeding brought in such a court or that such court is
an inconvenient forum. Nothing herein shall limit the right of ORIX to bring proceedings against
Borrower in the courts of any

-14-

 

			
	ORIX
	 	Loan and Security Agreement

other jurisdiction. Any judicial proceeding by Borrower against ORIX
or any affiliate thereof involving, directly or indirectly, any matter in any way arising out of,
related to, or connected with any Loan Document shall be brought only in a court in New York, New
York. Borrower consents to service of process in any action or proceeding brought against it by
ORIX, by personal delivery, or by mail addressed as set forth in this Agreement or by any other
method permitted by law. Paragraph headings are only used in this Agreement for convenience, and
shall not be used in any manner to construe, limit, define or interpret any term or provision of
this Agreement. The term “including”, whenever used in this Agreement, shall mean “including (but
not limited to)”. This Agreement has been fully reviewed and negotiated between the parties and no
uncertainty or ambiguity in any term or provision of this Agreement shall be construed strictly
against ORIX or Borrower under any rule of construction or otherwise. Should any provision of this
Agreement be held by any court of competent jurisdiction to be void or unenforceable, such defect
shall not affect the remainder of this Agreement, which shall continue in full force and effect.
This Agreement may be executed and delivered by the signing and delivery of this Agreement with
original signatures or by facsimile copy. This Agreement and such other written agreements,
documents and instruments as may be executed in connection herewith, including without limitation
the Representations, are the final, entire and complete agreement between Borrower and ORIX and supersede all prior and contemporaneous
negotiations and oral representations and agreements, all of which are merged and integrated in
this Agreement. There are no oral understandings, representations or agreements between the
parties which are not set forth in this Agreement or in other written agreements signed by the
parties in connection herewith. The terms and provisions of this Agreement may not be waived
or amended, except in a writing executed by Borrower and a duly authorized officer of ORIX. Time
is of the essence in the performance by Borrower of each and every obligation under this Agreement.

     8.10 Mutual Waiver of Jury Trial. BORROWER AND ORIX EACH HEREBY WAIVE THE RIGHT TO TRIAL BY
JURY IN ANY ACTION OR PROCEEDING BASED UPON, ARISING OUT OF, OR IN ANY WAY RELATING TO, THIS
AGREEMENT OR ANY OTHER PRESENT OR FUTURE INSTRUMENT OR AGREEMENT BETWEEN ORIX AND BORROWER, OR ANY
CONDUCT, ACTS OR OMISSIONS OF ORIX OR BORROWER OR ANY OF THEIR DIRECTORS, OFFICERS, EMPLOYEES,
AGENTS, ATTORNEYS OR ANY OTHER PERSONS AFFILIATED WITH ORIX OR BORROWER, IN ALL OF THE FOREGOING
CASES, WHETHER SOUNDING IN CONTRACT OR TORT OR OTHERWISE.

[Signatures on Next Page]

-15-

 

	 	 	 	 	 
	Borrower:

Broadsoft, Inc.

 	 	 
	By  	/s/ Michael Tessler
 	 	 
	 	President or Vice President 	 	 
	 	 	 	 
	 
	Borrower:

Broadsoft International, Inc.

 	 	 
	By  	/s/ Michael Tessler	 	 
	 	President or Vice President
 	 	 
	Borrower:

BroadSoft M6, LLC

 	 	 
	By  	/s/ Michael Tessler
 	 	 
	 	President or Vice President
 	 	 
	ORIX:

ORIX Venture Finance LLC

 	 	 
	By  	/s/ Kevin Sheehan
 	 	 
	 	Kevin Sheehan
President and CEO
 	 	 
	 	 	 	 

-16-

 

	 	 	 	 	 

Schedule to

Loan and Security Agreement

	 	 	 
	Borrowers:

	 	BroadSoft, Inc., a Delaware corporation (“Parent”)
	 

	 	BroadSoft International, Inc., a Delaware corporation, and
	 

	 	BroadSoft M6, LLC, a Delaware limited liability company
	 
	 	 
	Address:

	 	220 Perry Parkway
	 

	 	Gaithersburg, Maryland 20877
	 
	 	 
	Date:

	 	September 26, 2008

This Schedule is an integral part of the Loan and Security Agreement between ORIX Venture
Finance LLC, a Delaware limited liability company (“ORIX”) and the above-borrowers (jointly and
severally “Borrower”) of even date.

	 	 	 
	 
	 
	 	 
	1. LOAN AMOUNT
(Section 1.1): $15,000,000.
	 	 
	 
	 	 
	 

	 	The Loan shall be made in one disbursement upon satisfaction of
the conditions set forth in this Agreement.
	 
	 	 
	 

	 	The entire unpaid principal balance of the Loan shall be repaid in
42 equal principal payments of $357,143.00, commencing April 26,
2010, and continuing on the same day of each month thereafter
until the Maturity Date on which date the entire unpaid principal
balance of the Loan plus any and all accrued and unpaid interest
shall be paid.
	 
	 	 
	 
	 
	 	 
	2. INTEREST.
	 	 
	 
	 	 
	Interest Rate

(Section 1.3):

	 	The interest rate in effect on each day shall be the Prime Rate in effect on
such day, plus 3.00% per annum, provided that the interest rate in effect in each
month shall not be less than 7% per annum. Interest shall be calculated on the basis
of a 360-day year for the actual number of days elapsed. Prime Rate has the meaning
set forth in Section 7 above.

-1-

 

ORIX Schedule to Loan and Security Agreement

	 	 	 
	 
	 
	 	 
	3. FEES (Section 1.4):
	 	 
	 
	 	 
	Loan Fee:

	 	$150,000, payable concurrently herewith, less any amounts paid by
Borrower as a good faith deposit after application of such good faith deposit to
amounts due at closing under Section 8.5 of this Agreement.
	 
	 	 
	 
	 
	 	 
	4. MATURITY DATE

(Section 5.1):

	 	September 26, 2013.
	 
	 	 
	 
	 
	 	 
	5. REPORTING

(Section 4.2):

	 	Parent, at its expense, shall provide ORIX with the following:
	 

	 	
(a) Quarterly consolidated
financial statements within 45 days after the end of each
fiscal quarter;
	 
	 	 
	 

	 	(b) Annual, unqualified
consolidated financial statements, audited by independent
certified public accountants reasonably acceptable to ORIX,
within 180 days after the end of each fiscal year of Borrower
(PricewaterhouseCoopers being acceptable to ORIX, so long as
its condition and qualifications are comparable to its present
condition and qualifications); and
	 
	 	 
	 

	 	(c) Compliance certificates,
showing compliance with the financial covenants set forth in
this Agreement, confirming that no Defaults have occurred, and
covering such other matters, and in such form, as ORIX shall
specify reasonably from time to time, which shall be provided
quarterly with the financial statements pursuant to Section
5(a) above.
	 
	 	 
	 
	 
	 	 
	6. FINANCIAL COVENANTS.

(Section 4.8):

	 

	 	Borrower shall at all times maintain unrestricted cash and Cash
Equivalents in Deposit Accounts and securities accounts in
Borrower’s name in the United States in which ORIX has a perfected
first-priority security interest, in a total amount not less than
$7,500,000 (the “Cash Covenant”), provided that a failure to do so
in any of the following periods shall not constitute a breach of
this Agreement or an Event of Default, if, during such period,
Parent, on a

-2-

 

ORIX Schedule to Loan and Security Agreement

	 	 	 
	 

	 	consolidated basis, had EBITDA minus capital expenditures (“EBITDA-Cap Ex”) of not less
than the following amounts (< > denoting negative amounts):

	 	 	 	 	 
	Applicable Period	 	EBITDA-Cap Ex
	Three months ended September 30, 2008

	 	<$2,100,000>

	Six months ended December 31, 2008

	 	<$3,900,000>

	Nine months ended March 31, 2009

	 	<$4,000,000>

	Twelve months ended June 30, 2009

	 	<$4,400,000>

	Twelve months ended September 30, 2009

	 	<$300,000>

	Twelve months ended December 31, 2009

	 	$	7,400,000	 
	Twelve months ended March 31, 2010

	 	$	5,800,000	 
	Twelve months ended June 30, 2010

	 	$	9,000,000	 
	Twelve months ended September 30, 2010

	 	$	12,100,000	 
	Twelve months ended December 31, 2010

	 	$	13,700,000	 

	 	 	 
	 

	 	For all rolling 12-month periods ending at the end of each quarter
after December 31, 2010 (“Applicable Periods”), the EBITDA-Cap Ex
shall be such amount as Borrower and ORIX shall agree in writing
in their discretion; provided that if, for any reason, Borrower
and ORIX are unable to agree on the Minimum EBITDA-Cap Ex for any
Applicable Period, the Minimum EBITDA for such Applicable Period
shall be an amount equal to the Minimum EBITDA for the immediately
prior Applicable Period plus 10%.
	 
	 	 
	 

	 	Borrower shall give ORIX written notice of any failure by Borrower
to meet the Cash Covenant on any day, within three Business Days
after the date such failure occurs.
	 
	 	 
	 

	 	“EBITDA”, as used herein, shall mean, for any applicable
period, the following:
	 
	 	 
	 

	 	(i) the net income of Parent for such period, before
interest, taxes, depreciation, non-cash stock compensation
expense, and other non-cash amortization expenses,
determined on a consolidated basis and in accordance with
GAAP,

	 
	 	 
	 

	 	plus

	 
	 	 
	 

	 	(ii) the excess (if any) of deferred revenue for the
applicable period over the deferred revenue for the
immediately preceding fiscal quarter; and

-3-

 

ORIX Schedule to Loan and Security Agreement

	 	 	 
	 

	 	minus

	 
	 	 
	 

	 	(iii) the excess (if any) of deferred revenue for the
immediately preceding fiscal quarter over the deferred
revenue for the applicable period.

	 
	 	 
	 

	 	“Cash Equivalents” as used herein shall mean (a) any
evidence of Indebtedness with a maturity date of ninety (90) days
or less issued or directly and fully guaranteed or insured by the
United States of America or any agency or instrumentality thereof;
provided, that, the full faith and credit of the United States of
America is pledged in support thereof; (b) certificates of deposit
or bankers’ acceptances with a maturity of ninety (90) days or less
of any financial institution that is a member of the Federal
Reserve System having combined capital and surplus and undivided
profits of not less than $250,000,000; (c) commercial paper with a
maturity of ninety (90) days or less issued by a corporation
(except an Affiliate of Borrower) organized under the laws of any
State of the United States of America or the District of Columbia
and rated at least A-1 by Standard & Poor’s Ratings Service, a
division of The McGraw-Hill Companies, Inc. (“S&P”) or at least P-1
by Moody’s Investors Service, Inc. (“Moody’s”); and (d) investments
in money market funds and mutual funds which invest substantially
all of their assets in securities of the types described in clauses
(a) through (c) above.
	 
	 	 
	 
	 
	 	 
	7. ADDITIONAL PROVISIONS.

	 
	 	 
	 

	 	(a) Warrants.
Parent shall concurrently issue to ORIX Finance Equity
Investors, LP, a Delaware limited partnership
seven-year warrants to purchase 699,301 shares of
common stock of Parent at a purchase price of $1.43
per share, on the terms set forth in the Warrant to
Purchase Stock being executed concurrently herewith.
Within 60 days after the date hereof, Borrower shall
cause ORIX Finance Equity Investors, LP to be added as
a “Holder” under Borrower’s Fourth Amended and
Restated Registration Rights Agreement dated June 26,
2007.

	 
	 	 
	 

	 	(b) Deposit
Accounts. Prior to the disbursement of the Loan, and
as a condition precedent thereto, Borrower shall cause
the banks and other institutions where its United
States Deposit Accounts are maintained to enter into
control agreements with ORIX, in form and substance
satisfactory to ORIX in its good faith

-4-

 

ORIX Schedule to Loan and Security Agreement

	 	 	 
	 

	 	business
judgment and sufficient to perfect ORIX’
first-priority security interest in said Deposit
Accounts.

	 
	 	 
	 

	 	(c) Excluded
Foreign Intellectual Property. Borrower represents,
warrants and covenants that the Excluded Foreign
Intellectual Property now is and will, at all times
while any Obligations arising under or relating to
this Agreement or the transactions contemplated hereby
are outstanding, remain free and clear of any and all
liens, charges, security interests, and encumbrances
(other than Permitted Liens). Borrower shall not
enter into any agreement with any third party
obligating Borrower not to permit any Excluded Foreign
Intellectual Property to be subject to any liens,
charges, security interests, or encumbrance (other
than Permitted Liens). Borrower represents and
warrants that its present Excluded Foreign
Intellectual Property is listed on Exhibit B hereto.

	 
	 	 
	 

	 	(d) Subsidiaries;
Foreign Subsidiaries; Foreign Assets. Each Borrower
represents and warrants that it has no Subsidiaries
which are not Borrowers hereunder, except for (i)
Subsidiaries organized under the laws of a
jurisdiction other than the United States or any state
or territory thereof or the District of Columbia
(“Foreign Subs”). In addition to the permitted loans
and investments set forth in Section 4.5(vi) of this
Agreement, Borrower may make investments and/or
intercompany loans to the Foreign Subs, in an
aggregate amount not to exceed the amount necessary to
fund the current operating expenses of the Foreign
Subs (taking into account their revenue from other
sources); provided that the total assets of the
Foreign Subs combined (excluding intercompany
obligations due from the Borrower) shall not, at any
time, exceed $3,500,000 in the aggregate, and the
total assets of any single Foreign Sub shall not, at
any time, exceed $1,000,000. In addition, the total
of the total assets of the Foreign Subs combined
(excluding intercompany obligations due from the
Borrower), and the total assets of Borrower located
outside the United States (including without
limitation deposits in foreign bank accounts), but not
including Excluded Foreign Intellectual Property)
combined shall not, at any time, exceed $3,500,000 in
the aggregate.

	 
	 	 
	 

	 	(e) Repayment of
Existing Indebtedness; Oracle Software. Prior to, or
concurrently with, the

-5-

 

ORIX Schedule to Loan and Security Agreement

	 	 	 
	 

	 	disbursement of the Loan,
Borrower shall cause all of Borrower’s outstanding
Indebtedness, existing on the
date hereof, to be repaid in full, except for
indebtedness for the purchase of a license to use
Oracle software (the “Oracle Software License”) in a
total amount not to exceed $8,000,000 (the
“Permitted Oracle Indebtedness”) and other Permitted
Indebtedness. Borrower represents that the terms of
the Oracle Software License include the ability of
Borrower to transfer the same in connection with a
sale or transfer of all or substantially all of
Borrower’s business, subject to the specific terms
and conditions set forth in Section 12 of Amendment
One to the Oracle Software License dated November
30, 2006. As part of any future amendment to the
Oracle Software License, Borrower shall use
commercially reasonable efforts to include in such
amendment a provision in form reasonably
satisfactory to ORIX, confirming that ORIX is
permitted to have a security interest in the Oracle
Software License and consenting to a transfer by
ORIX of Borrower’s rights in the same in connection
with a sale or transfer of all or a substantial part
of Borrower’s business, provided the transferee is
reasonably satisfactory to the licensor.

	 
	 	 
	 

	 	(f) Suretyship
Waivers. Each Borrower hereby agrees to the
provisions of Exhibit C hereto, which are hereby
incorporated herein by this reference.

	 
	 	 
	 

	 	(g) BroadSoft M6,
LLC. Borrower represents and warrants that the
membership interests in BroadSoft M6, LLC are not
certificated and Borrower covenants that the
membership interests in BroadSoft M6, LLC will not be
certificated, unless, within five Business Days after
the issuance of certificates with respect thereto,
such certificates shall be delivered to ORIX together
with instruments of transfer thereof in blank, in form
reasonably acceptable to ORIX, in order to perfect
ORIX’s security interest in the same.

	 
	 	 
	 

	 	(h) International
Qualification. Within 30 days after the date hereof,
Borrower shall cause Broadsoft International, Inc. to
be qualified to do business in the State of Maryland
and provide evidence of the same to ORIX.

-6-

 

ORIX Schedule to Loan and Security Agreement

	 	 	 	 	 	 	 	 	 
	Borrower:

	 	ORIX:	 	 
	 
	 	 	 	 	 	 	 	 
	BROADSOFT, INC.

	 	ORIX VENTURE FINANCE LLC	 	 
	 
	 	 	 	 	 	 	 	 
	By

	 	/s/ Michael Tessler
	 	By
	 	/s/ Kevin Sheehan	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	President or Vice President
	 	 	 	Kevin P. Sheehan, 
President and CEO
	 	 
	 
	 	 	 	 	 	 	 	 
	Borrower:

	 	Borrower:	 	 
	 
	 	 	 	 	 	 	 	 
	BROADSOFT INTERNATIONAL, INC.

	 	BROADSOFT M6, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	By

	 	/s/ Michael Tessler
	 	By
	 	/s/ Michael Tessler	 	 
	 

	 	 
	 	 	 	 	 	 
	 

	 	President or Vice President
	 	 	 	President or Vice President	 	 

-7-

 

Exhibit A

Certain Investments

Netria, Inc. 50% ownership interest

-1-

 

Exhibit B

Excluded Foreign Intellectual Property

-1-

 

EXHIBIT B

to the Loan and Security Agreement

BroadSoft, Inc. 

Patent Portfolio Maintained by Venable LLP

September 24, 2008

	 	 	 	 	 	 	 	 	 	 	 
	Our Ref. No.	 	Application No.	 	Title/Inventor(s)	 	Date Filed	 	Patent	 	Status
	31333-130895
	 	U.S.
Pat. Appl. No. 09/418,130*

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Oct. 12, 1999
	 	√	 	U.S. Pat. No. 6,625,275
Issued: September 23, 2003
	31333-164432
	 	PCT International Application
No. PCT/US00/20978
(Based on
09/418,130)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	n/a
	 	Expired.
National Stage entered in EPO, Canada, and Australia.
	31333-179908
	 	EPO Pat. Appl. No. 00955313.2

(Based on PCT/US00/20978 and
U.S. 09/418,130)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000

(National
Stage: Apr. 9, 2002)
	 	√	 	European Pat. No. 1221236
Granted: November 8, 2006
	31333-179909
	 	Australia Pat. Appl. No.
67535/00
(Based on
PCT/US00/20978 and U.S.
09/418,130)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000

(National
Stage: Apr. 12, 2002)
	 	√	 	Australia Pat. No. 766370
Granted: January 29, 2004
	31333-179910
	 	Canada Pat. Appl. No.
2,387,409
(Based on
PCT/USOO/20978 and U.S.
09/418,130)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000

(National
Stage: Apr. 11,2002)
	 	√	 	Canada Pat. No. 2387409
Granted: October 31, 2006
	31333-236680
	 	Austria Pat. Appl. No.
1221236
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Austria Pat. No. E345004
Granted: November 8, 2006
	31333-236681
	 	Belgium Pat. Appl. No.
00955313.2
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Belgium Pat. No. 1221236
Granted: November 8, 2006
	31333-236683
	 	Cyprus Pat. Appl. No.
CY07/1100159
(Based on EPO
Pat. Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Cyprus Pat. No. 1221236
Granted: November 8, 2006
	31333-236685
	 	Germany Pat. Appl. No.
1221236
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Germany Pat. No. 60031788.9
Granted: November 8, 2006
	31333-236686
	 	Denmark Pat. Appl. No.
00955313.2
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Denmark Pat. No. 1221236
Granted: November 8, 2006

 

			
	*	 	Does not constitute Excluded Foreign Intellectual
Property; included only for reference purposes.

 

 

EXHIBIT B

to the Loan and Security Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Our Ref. No.	 	Application No.	 	Title/Inventor(s)	 	Date Filed	 	Patent	 	Status
	31333-236688
	 	Spain Pat. Appl. No. 00955313.2

(Based on EPO Pat. Appl. No.
00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Spain Pat. No.
1221236

Granted: November 8, 2006
	31333-236698
	 	Finland Pat. Appl. No.
00955313.2
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Finland Pat. No.
1221236

Granted: November 8, 2006
	31333-236699
	 	France Pat. Appl. No.
00955313.2
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	France Pat. No.
1221236

Granted: November 8, 2006
	31333-236702
	 	Great Britain Pat. Appl. No.
00955313.2
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Great Britain Pat.
No. 1221236

Granted: November
8, 2006
	31333-236704
	 	Greece Pat. Appl. No.
2007-00538
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Greece Pat. No.
3060793

Granted: November 8, 2006
	31333-236705
	 	Ireland Pat. Appl. No.
00955313.2
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Ireland Pat. No.
1221236

Granted: November 8, 2006
	31333-236706
	 	Italy Pat. Appl. No. 00955313.2

(Based on EPO Pat. Appl. No.
00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Italy Pat. No.
1221236

Granted: November 8, 2006
	31333-236707
	 	Luxembourg Pat. Appl. No.
00955313.2
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Luxembourg Pat. No.
1221236

Granted: November 8, 2006
	31333-236709
	 	Netherlands Pat. Appl. No.
00955313.2
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Netherlands Pat.
No. 1221236

Granted: November
8, 2006
	31333-236710
	 	Portugal Pat. Appl. No.
00955313.2
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Portugal Pat. No.
1221236

Granted: November 8, 2006
	31333-236712
	 	Sweden Pat. Appl. No. 00955313.2

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey
	 	Aug. 2, 2000
	 	√	 	Sweden Pat. No.
1221236

Granted: November 8, 2006

 

			
	*	 	Does not constitute Excluded Foreign Intellectual Property; included only for reference
purposes.

 

 

EXHIBIT B

to the Loan and Security Agreement

	 	 	 	 	 	 	 	 	 	 	 
	Our Ref. No.	 	Application No.	 	Title/Inventor(s)	 	Date Filed	 	Patent	 	Status
	 	 	(Based on EPO Pat. Appl. No.
00955313.2)

	 	Jordan	 	 	 	 	 	 
	31333-236713
	 	Switzerland Pat. Appl. No.
00955313.2
(Based on EPO Pat.
Appl. No. 00955313.2)

	 	“System for
Providing Services”
Scott Hoffpauir and
Jeffrey Jordan
	 	Aug. 2, 2000
	 	√	 	Switzerland Pat. No. 1221236

Granted: November 8, 2006
	31333-164218
	 	U.S. Pat. Appl No. 09/715,068*

	 	“Call Management
System” Bryan
Slavin
	 	Nov. 20, 2000
	 	√	 	United States Pat. No. 7213073

Granted: May 1, 2007
	31333-175761
	 	PCT International Application
No. PCT/US01/43065
(Based on
09/715,068)

	 	“Call Management
System” Bryan
Slavin
	 	Nov. 13, 2001
	 	n/a
	 	Expired. National Stage
entered in EPO, Canada, and
Australia.
	31333-189013
	 	EPO Pat. Appl. No. 01995859.6

(Based on PCT/US01/43065 and
U.S. 09/715,068)

	 	“Call Management
System” Bryan
Slavin
	 	Nov. 13, 2001
(National
Stage: Jun. 12, 2003)
	 	 	 	Examination Report dated May
16, 2008.
Response due
November 16, 2008
	31333-189014
	 	Australia Pat. Appl. No.
2002226891
(Based on PCT/US01/43065 and U.S. 09/715,068)

	 	“Call Management
System” Bryan
Slavin
	 	Nov. 13, 2001
(National
Stage: Jun. 17, 2003)
	 	√	 	Australia Pat. No.
2002226891
Granted: March 3,
2005
	31333-189015
	 	Canada Pat. Appl. No.
2,429,518
(Based on PCT/US01/43065 and U.S. 09/715,068)

	 	“Call Management
System” Bryan
Slavin
	 	Nov. 13, 2001

(National
Stage: May 20, 2003)
	 	 	 	Annuity due November 13, 2008
	31333-251084
	 	US Pat. Appl. No. 11/987486*

	 	“IP-BASED CALL
CONTENT INTERCEPT
USING REPEATERS”
Stephane Bastien
	 	Nov. 30, 2007
	 	 	 	Filed
	31333-262193
	 	PCT International Application

	 	“IP-BASED CALL
CONTENT INTERCEPT
USING REPEATERS”
Stephane Bastien
	 	 	 	 	 	Docketed
	31333-261557
	 	US Application*

	 	“COMPOSITE ENDPOINT
MECHANISM”

Sam Hoffpauir
	 	 	 	 	 	Docketed
	31333-261558
	 	US Application*

	 	“SERVER
OVERLOAD DETECTION AND
CONTROL”.

Mark Kushnir	 	 	 	 	 	Docketed

 

			
	*	 	Does not constitute Excluded Foreign
Intellectual Property; included only for reference
purposes.

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	AUSTRALIA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 1161566

	 	02/18/2008
	 	Renewal Due: 02/16/2017
	 	Registered
	APP No: 1161566

	 	02/16/2007	 	 	 	 

			
	 	 	 
	Classes:
Int       9, 37, 42
	 	our ref: 744,188

Goods/Services: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local
and global computer networks; in Class 9; Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry; in
Class 37; Services in the design, consultation and customization of software used in the telecommunications industry and services in the installation, and maintenance of
computer software used in the telecommunications industry; in Class 42.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	AUSTRALIA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 1161569

	 	09/24/2007
	 	Renewal Due: 02/16/2017
	 	Registered
	APP No: 1161569

	 	02/16/2007	 	 	 	 

			
	 	 	 
	Class: Int          9
	 	our ref: 744,171

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local
and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	BRAZIL
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	 	 	App. Pending
	APP No: 829201378

	 	06/26/2007	 	 	 	 

			
	 	 	 
	Class: INT         9
	 	our ref: 744,189

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and
global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	BRAZIL
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	 	 	App. Pending
	APP No: 829201394

	 	06/26/2007	 	 	 	 

			
	 	 	 
	Class: INT        37
	 	our ref: 744,190

Services: Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	BRAZIL
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	 	 	App. Pending
	APP No: 829201424

	 	06/26/2007	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 744,191

Services: Services in the design, consultation and customization of software used in the telecommunications industry.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	BRAZIL
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	 	 	App. Pending
	APP No: 829201432

	 	06/26/2007	 	 	 	 

			
	 	 	 
	Class: INT            9
	 	our ref: 744,172

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system
on local and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	CANADA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	 	 	App. Pending
	APP No: 1339059

	 	03/13/2007	 	 	 	 

			
	 	 	 
	Class: None
	 	our ref: 744,192

Goods/Services: Multi-purpose enhanced services computer software for combining voice. data and telephone call functions into an integrated system on broadband
and packet networks on local and global computer networks; and computer software for integrating voice, video, and data communications into a single system for
broadband and packet communication on local and global computer networks in the fields of communications via global computer network, telephony, broadband and
packet networks; Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry; Training
services for others in the operation and utilization of software used in the telecommunications industry; Services in the design, consultation and
customization of software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	CANADA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	 	 	App. Pending
	APP No: 1339061

	 	03/13/2007	 	 	 	 

			
	 	 	 
	Class: None
	 	our ref: 744,173

Goods/Services: Multi-purpose enhanced services and computer software for creating, managing and deploying enhanced services by combining voice, data and
telephone call functions into an integrated system on broadband and packet networks on local and global computer networks; computer software for integrating
voice, video, and data communications into a single system for broadband and packet communication on local and global computer networks in the fields of
communications via global computer network. telephony, broadband and packet networks; and instructional and technical manuals supplied therewith; Services in
the installation, and maintenance of computer systems and computer software used in the telecommunications industry; Training services for others in the
operation and utilization of software used in the telecommunications industry; Services in the design, consultation and customization of software used in the
telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	CHINA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	 	 	App. Pending
	APP No: 6070824

	 	05/25/2007	 	 	 	 

			
	 	 	 
	Class: Int              9
	 	our ref: 744,193

Goods: Computer software used for telecommunications, including software for combining
voice, data, video, and multimedia functions into an integrated system on local and global
computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	CHINA
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	 	 	App. Pending
	APP No: TO FOLLOW

	 	06/22/2007	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 744,194

Services: Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	CHINA
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	 	 	App. Pending
	APP No: 6124115

	 	06/22/2007	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 744,195

Services: Services in the design, consultation and customization of software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	CHINA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	 	 	App. Pending
	APP No: 6070825

	 	05/25/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,174

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and global
computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	CHINA (TAIWAN)
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 01294041

	 	12/16/2007
	 	Renewal Due: 12/15/2017
	 	Registered
	APP No: 096015158

	 	04/03/2007	 	 	 	 

			
	 	 	 
	Classes: Int        9, 37, 42
	 	our ref: 744,216

Goods/Services: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local
and global computer networks; in Class 9; The installation, and maintenance of computer systems used in the telecommunications industry in Class 37; Services in the installation
and maintenance of computer software used in the telecommunications industry; services in the design, consultation installation and maintenance of computer software used in the
telecommunications industry; developement and design of computer software according to customers specification used in the telecommunications industry; in Class 42.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	CHINA (TAIWAN)
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No:01292295

	 	12/16/2007
	 	Renewal Due: 12/15/2017
	 	Registered
	APP No: 096012438

	 	03/20/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref : 744,187

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and global
computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	EGYPT
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 193492

	 	08/05/2008
	 	Renewal Due: 11/05/2016
	 	Registered
	APP No:193492

	 	11/05/2006	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,642

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an
integrated system on local and global computer networks.
—Awaiting issuance of Registration Certificate. August 22, 2008.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	EGYPT
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	REG No: 193493

	 	08/05/2008
	 	Renewal Due: 11/05/2016
	 	Registered
	APP No: 193493

	 	11/05/2006	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 743,680

Services:
Services in the installation, and maintenance of computer systems and
computer software used in the telecommunications industry.
—
Awaiting issuance of Registration Certificate. August 22, 2008.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	EGYPT
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	REG No: 193494

	 	08/05/2008
	 	Renewal Due: 11/05/2016
	 	Registered
	APP No: 193494

	 	11/05/2006	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 743,681

Services:
Services in the design, consultation and customization of software
used in the telecommunications industry.
—Awaiting issuance of
Registration Certificate. August 22, 2008.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	EGYPT
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 193491

	 	08/18/2008
	 	Renewal Due: 11/05/2016
	 	Registered
	APP No: 193491

	 	11/05/2006	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,643

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an
integrated system on local and global computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	EUROPEAN COMMUNITY
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 001919562

	 	02/03/2003
	 	Renewal Due: 10/25/2010
	 	Registered
	APP No: 001919562

	 	10/25/2000	 	 	 	 

			
	 	 	 
	Classes: INT     9, 38, 42
	 	our ref: 987,521

Goods/Services: Computer software; electronic devices and equipment for electronic storage, retrieval, back-up, restoration,
recovery, remote replication and content management of data and information; telecommunications equipment; electronic components
for the transmission and receiving of voices or data; electronic components for the wireless and wired telecommunications industries;
computers; computer hardware; computer peripherals; computer networks; communications hardware and software; microprocessors; central
processing units; circuit boards; semi-conductor devices; computer displays; computer monitors; video monitors; integrated circuits;
storage and network controllers and devices; data recorded magnetically, electronically, or optically; instructional material relating
to computers and to data, all recorded magnetically, optically or electronically; publications, sound, text, documents and multimedia,
all being downloadable from the Internet, extranets or other computer
networks; but not including modems, routers, splitters, bridges
and digital subscriber line (DSL) access systems, in class 9; Communications services; storage communication network services for the
electronic storage, retrieval, back-up, restoration, recovery, remote replication and content management of data and information;
electronic storage, retrieval, back-up, restoration, recovery, remote replication and content management of data and information;
communications via electronic platforms; electronic data interchange services; telecommunications services for file creation, maintenance
and document and information exchange services; communications services via the intranet, extranet, Internet and other electronic means;
provision of multiple user access to electronic communication networks, including the internet, extranets and broad band access; provision
of central switching services for electronic communications networks; provision of interface services for electronic communications
network services providers; provision of connectivity services and access to electronic communications networks, for transmission or
reception of data, audio, video or multimedia content; provision of telecommunications means for accessing and updating information
across mutiple communications and computing devices; information services relating to the aforesaid including such services provided
via the Internet or extranets, in class 38; Computer services; managed data storage and communications services for the retrieval,
back-up, restoration, recovery, remote replication and content management of data and information; consultancy, design, testing,
customisation, engineering, research and advisory services, all relating to computers, computer networks, semiconductor chips,
electrical circuits, computer software, computer programming, the Internet and websites; website hosting services; computer programming;
computer systems analysis; computer timesharing; research and development of computer hardware and software; technological services relating
to computers; rental and leasing of computers; maintenance and upgrading of computer software; computer software design; computer database
leasing; providing access to electronic databases; computer help-line services; technical advisory services relating to computer hardware,
computer software, computer networks and the Internet; computer network services; information, consultancy and advisory services relating to
all the aforesaid services including such services provided on-line or via the Internet or extranets, in class 42.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	EUROPEAN COMMUNITY
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 005737895

	 	02/11/2008
	 	Renewal Due: 03/07/2017
	 	Registered
	APP No: 005737895

	 	03/07/2007	 	 	 	 

			
	 	 	 
	Class: Int           9
	 	our ref: 744,175

Goods: Computer software used for telecommunications, including software for combining
voice, data, video, and multimedia functions into an integrated system on local and global
computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	HONG KONG
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 300827857

	 	03/09/2007
	 	Renewal Due: 03/09/2017
	 	Registered
	APP No: 300827857

	 	03/09/2007	 	 	 	 

			
	 	 	 
	Classes: Int        9, 37, 42
	 	our ref: 744,197

Goods/Services: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on
local and global computer networks, in Class 9; Services in the installation, and maintenance of computer systems and computer software used in the telecommunications
industry, in Class 37; Services in the design, consultation and customization of software used in the telecommunications industry, in Class 42.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	HONG KONG
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 300827884

	 	03/09/2007
	 	Renewal Due: 03/09/2017
	 	Registered
	APP No: 300827884

	 	03/09/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744.176

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and
global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	INDIA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 03/06/2017
	 	App. Pending
	APP No: 1537341

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Classes: Int        9, 37, 42
	 	our ref: 744.198

Goods/Services: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on
local and global computer networks, in class 9; Services in the installation, and maintenance of computer systems and computer software used in the telecommunications
industry, in class 37; Services in the design, consultation and customization of software used in the telecommunications industry, in class 42.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	INDIA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 03/06/2017
	 	App. Pending
	APP No: 1537339

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,177

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and
global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	ISRAEL
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 198229

	 	08/06/2008
	 	Renewal Due: 03/06/2017	 	Registered 
	APP No: 198229

	 	03/06/2007
	 	 	 	 

			
	 	 	 
	Class: Int              9
	 	our ref: 744,199

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and
global computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	ISRAEL
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 03/06/2017
	 	App. Pending
	APP No: 198232

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 744,200

Services: Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	ISRAEL
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 03/06/2014
	 	App. Pending
	APP No: 198231

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 744,201

Services: Services in the design, consultation and customization of software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	ISRAEL
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 198230

	 	08/06/2008
	 	Renewal Due: 03/06/2017
	 	Registered
	APP No: 198230

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,178

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and global
computer.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	JAPAN
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 5101344

	 	12/28/2007
	 	Renewal Due: 12/28/2017
	 	Registered
	APP No: 2007-19612

	 	03/07/2007	 	 	 	 

			
	 	 	 
	Classes: Int        9, 42
	 	our ref: 744,202

Goods/Services: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and
global computer networks; in Class 9; Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry, services in the
design, consultation and customization of software used in the telecommunications industry; in Class 42.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	JAPAN
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 5101345

	 	12/28/2007
	 	Renewal Due: 12/28/2017
	 	Registered
	APP No: 2007-09613

	 	03/07/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,179

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and global
computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	JORDAN
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 90199

	 	09/19/2007
	 	Renewal Due: 02/04/2017
	 	Registered
	APP No: 90199

	 	02/04/2007	 	 	 	 

			
	 	 	 
	Class: Int           9
	 	our ref: 743,644

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an
integrated system on local and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	JORDAN
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	REG No: 90201

	 	09/19/2007
	 	Renewal Due: 02/04/2017
	 	Registered
	APP No: 90201

	 	02/04/2007	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 743,694

Services: Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	JORDAN
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	REG No: 90200

	 	09/19/2007
	 	Renewal Due: 02/04/2017	 	Registered
	APP No: 90200

	 	02/04/2007
	 	 	 	 

			
	 	 	 
	Class: INT          42
	 	our ref: 743,695

Services: Services in the design, consultation and customization of software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	JORDAN
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 90198

	 	09/19/2007
	 	Renewal Due: 02/04/2017
	 	Registered
	APP No: 90198

	 	02/04/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,645

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an
integrated system on local and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	KOREA (SOUTH)
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 45-0023528

	 	06/12/2008
	 	Renewal Due: 06/12/2018
	 	Registered
	APP No: 45-2007-923

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Classes: Int        9, 37, 42
	 	our ref: 744,214

Goods/Services: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions
into an integrated system on local and global computer networks, in class 9; Services in the installation, and maintenance of computer systems
and computer software used in the telecommunications industry, in class 37; Services in the design, consultation and customization of software
used in the telecommunications industry, services in the installation and maintenance of computer software used in the telecommunications
industry, in class 42.

 

 

 

BROADSOFT, INC.

 TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	KOREA (SOUTH)
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 40-0734794

	 	01/21/2008
	 	Renewal Due: 01/21/2018
	 	Registered
	APP No: 40-2007-12009

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,185

Goods:
Computer software used for telecommunications, including software for
combining voice, data, video, and multimedia functions into an integrated system on local and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	KUWAIT
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 01/27/2017
	 	App. Pending
	APP No: 82728

	 	01/27/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,646

Goods: Multi-purpose enhanced services computer software for combining voice, data and telephone call functions into an integrated system on broadband and packet networks on local and global
computer networks; and computer software for integrating voice, video, and data communication into a single system for broadband and packet communication on local and global computer networks in
the fields of communications via global computer network, telephony,
broadband and packet networks.
—Basic Registration of U.S. Reg. No. 2605150 dated August 6, 2002.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	KUWAIT
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 01/27/2017
	 	App. Pending
	APP No: 82729

	 	01/27/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,647

Goods: Multi-purpose enhanced services and computer software for creating, managing and deploying enhanced services by combining voice, data and telephone call functions into an integrated system
on * broadband * and packet networks on local and global computer networks; computer software for integrating voice, video, and data communications into a single system for broadband and packet
communication on local and global computer networks in the fields of communications via global computer network, telephony, broadband and packet networks; and instructional and technical manuals
supplied therewith.
—Basic Registration of U.S. Reg. No. 2618542 dated September 10, 2002.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	LEBANON
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 109233

	 	12/23/2006
	 	Renewal Due: 12/23/2021
	 	Registered
	APP No: 109233

	 	12/23/2006	 	 	 	 

			
	 	 	 
	Classes: Int       9, 37, 42
	 	our ref: 743,648

Goods/Services: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and global computer
networks in class 9; Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry in class 37; Services in the design,
consultation and customization of software used in the telecommunications industry in class 42.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	LEBANON
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 109234

	 	12/23/2006
	 	Renewal Due: 12/23/2021
	 	Registered
	APP No: 109234

	 	12/23/2006	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,649

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local
and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	MEXICO
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 1023952

	 	02/19/2008
	 	Renewal Due: 03/15/2017
	 	Registered
	APP No: 842612

	 	03/15/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,203

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local
and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	MEXICO
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 03/15/2017
	 	App. Pending
	APP No: 842611

	 	03/15/2007	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 744,204

Services: Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	MEXICO
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	APP No: 842610

	 	03/15/2007
	 	Renewal Due: 03/15/2017
	 	App. Pending

			
	 	 	 
	Class: INT          42
	 	our ref: 744,205

Services: Services in the design, consultation and customization of software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	MEXICO
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	APP No: 842609

	 	03/15/2007
	 	Renewal Due: 03/15/2017
	 	App. Pending

			
	 	 	 
	Class: Int            9
	 	our ref: 744,180

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local
and global computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	NEW ZEALAND
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	APP No: 764591

	 	03/06/2007
	 	Renewal Due: 03/05/2017
	 	App. Pending

			
	 	 	 
	Classes: Int        9, 37, 42
	 	our ref: 744,206

Goods/Services: Computer software including computer software used for telecommunications, and specifically including software for combining voice, data, video, and
multimedia functions into an integrated system on local and global computer networks.; in Class 9. Services in the installation, and maintenance of computer systems and
computer software used in the telecommunications industry; in Class 37. Services in the design, consultation and customization of software used in the telecommunications
industry; in Class 42.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	NEW ZEALAND
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 764589

	 	09/06/2007
	 	Renewal Due: 03/06/2017
	 	Registered
	APP No: 764589

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,181

Goods: Computer software including computer software used for telecommunications, and specifically including software for combining voice, data, video, and multimedia
functions into an integrated system on local and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	NORWAY
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 242682

	 	11/26/2007
	 	Renewal Due: 11/26/2017	 	Registered
	APP No: 200702535

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Classes: Int        9, 37, 42
	 	our ref: 744,207

Goods/Services: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on
local and global computer networks, in Class 9; Services in the installation, and maintenance of computer systems and computer software used in the telecommunications
industry, in class 37 ; Services in the design, consultation and customization of software used in the telecommunications industry, in class 42.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	NORWAY
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 240411

	 	08/20/2007
	 	Renewal Due: 08/20/2017	 	Registered
	APP No: 200702598

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,182

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local
and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	OMAN
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 11/13/2016
	 	App. Pending
	APP No: 42295

	 	11/13/2006	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,650

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local
and global computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	OMAN
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 11/13/2016
	 	App. Pending
	APP No: 42296

	 	11/13/2006	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 743,692

Services: Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	OMAN
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 11/13/2016
	 	App. Pending
	APP No: 42297

	 	11/13/2006	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 743,693

Services: Services in the design, consultation and customization of software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	OMAN
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 11/13/2016
	 	App. Pending
	APP No: 42294

	 	11/13/2006	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,651

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system
on local and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	PAKISTAN
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 11/08/2013
	 	App. Pending
	APP No: 228992

	 	11/08/2006	 	 	 	 

			
	 	 	 
	Class:Int            9
	 	our ref: 743,652

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system
on local and global computer networks.
—Based on proposed use.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	PAKISTAN
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 11/08/2013
	 	App. Pending
	APP No: 228991

	 	11/08/2006	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 743,690

Services:
Services in the installation, and maintenance of computer systems and
computer software used in the telecommunications industry.
—Based on proposed
use.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	PAKISTAN
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 11/08/2013
	 	App. Pending
	APP No: 228990

	 	11/08/2006	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 743,691

Services:
Services in the design, consultation and customization of software
used in the telecommunications industry.
—Based on proposed use.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	PAKISTAN
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 11/08/2013
	 	App. Pending
	APP No: 228993

	 	11/08/2006	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,653

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on
local and global computer networks.
—Based on proposed use.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	QATAR
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 43002

	 	05/04/2008
	 	Renewal Due: 01/29/2017
	 	Registered
	APP No: 43002

	 	01/29/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,654

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on
local and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	QATAR
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	REG No: 43003

	 	05/04/2008
	 	Renewal Due: 01/29/2017
	 	Registered
	APP No: 43003

	 	01/29/2007	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	 our ref: 743,688

Services: Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	QATAR
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	REG No: 43004

	 	05/04/2008
	 	Renewal Due: 01/29/2017
	 	Registered
	APP No: 43004

	 	01/29/2007	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 743,689

Services: Services in the design, consultation and customization of software used in the telecommunications industry.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	QATAR
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 43001

	 	05/04/2008
	 	Renewal Due: 01/29/2017
	 	Registered
	APP No: 43001

	 	01/29/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743.655

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on
local and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	SAUDI ARABIA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 948/77

	 	09/26/2007
	 	Renewal Due: 10/10/2016
	 	Registered
	APP No: 113090

	 	01/29/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,656

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on
local and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	SAUDI ARABIA
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	REG No: 959/98

	 	11/28/2007
	 	Renewal Due: 10/10/2016
	 	Registered
	APP No: 113091

	 	01/29/2007	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 743,686

Services: Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	SAUDI ARABIA
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	REG No: 959/99

	 	11/28/2007
	 	Renewal Due: 10/10/2016
	 	Registered
	APP No: 113092

	 	01/29/2007	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 743.687

Services: Services in the design, consultation and customization of software used in the
telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	SAUDI ARABIA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 957/82

	 	11/21/2007
	 	Renewal Due: 10/10/2016
	 	Registered
	APP No: 113089

	 	01/29/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,657

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on
local and global computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	SINGAPORE
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: T07/05143H

	 	03/09/2007
	 	Renewal Due: 03/09/2017
	 	Registered
	APP No: T07/05143H

	 	03/09/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,208

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and global
computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	SINGAPORE
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	REG No:T0705147J

	 	03/09/2007
	 	Renewal Due: 03/09/2017
	 	Registered
	APP No: T07/05147J

	 	03/09/2007	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 744,209

Services: Installation and maintenance of computer hardware used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	SINGAPORE
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	REG No: T0705152G

	 	03/09/2007
	 	Renewal Due: 03/09/2017
	 	Registered
	APP No: T07/05152G

	 	03/09/2007	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 744,210

Services: Design, consultation and customization of software used in the telecommunications industry; installaction and maintenance of computer software used in the
telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	SINGAPORE
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: T0705140C

	 	 03/09/2007
	 	Renewal Due: 03/09/2017
	 	Registered
	APP No: T07/05140C

	 	03/09/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,183

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and global
computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	SOUTH AFRICA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 03/06/2017
	 	App. Pending
	APP No: 2007/004533

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,211

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and global
computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	SOUTH AFRICA
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 03/06/2017
	 	App. Pending
	APP No: 2007/004534

	 	 03/06/2007	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 744,212

Services: Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	SOUTH AFRICA
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 03/06/2017
	 	App. Pending
	APP No: 2007/04535

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 744,213

Services: Services in the design, consultation and customization of software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	SOUTH AFRICA
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 03/06/2017
	 	App. Pending
	APP No: 2007/004532

	 	 03/06/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,184

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and global
computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	SWITZERLAND
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 559922

	 	07/18/2007
	 	Renewal Due: 03/06/2017
	 	Registered
	APP No: 52493/2007

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Classes: Int       9, 37, 42
	 	our ref: 744,215

Goods/Services: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local
and global computer networks, in class 9; Services in the installation, and maintenance of computer systems (hardware) used in the telecommunications industry, in class 37;
Services in the design, consultation and customization of software used in the telecommunications industry; services in the installation and maintenance of computer software used
in the telecommunications industry in class 42.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	SWITZERLAND
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	REG No: 559921

	 	07/04/2007
	 	Renewal Due: 03/06/2017
	 	Registered
	APP No: 52492/2007

	 	03/06/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 744,186

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system on local and global
computer networks.

 

 

 

BROADSOFT, INC.

TRADEMARK REPORT

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	UNITED ARAB EMIRATES
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 02/20/2017
	 	App. Pending
	APP No: 90781

	 	02/20/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,662

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system
on local and global computer networks.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	UNITED ARAB EMIRATES
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 02/20/2017
	 	App. Pending
	APP No: 90782

	 	02/20/2007	 	 	 	 

			
	 	 	 
	Class: INT         37
	 	our ref: 743,682

Services: Services in the installation, and maintenance of computer systems and computer software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADSOFT

	 	 	 	 	 	UNITED ARAB EMIRATES
	BROADSOFT, INC.

	 	 	 	 	 	Servicemark
	 

	 	 	 	Renewal Due: 02/20/2017
	 	App. Pending
	APP No: 90783

	 	02/20/2007	 	 	 	 

			
	 	 	 
	Class: INT         42
	 	our ref: 743,683

Services: Services in the design, consultation and customization of software used in the telecommunications industry.

 

	 	 	 	 	 	 	 
	BROADWORKS

	 	 	 	 	 	UNITED ARAB EMIRATES
	BROADSOFT, INC.

	 	 	 	 	 	Trademark
	 

	 	 	 	Renewal Due: 02/20/2017
	 	App. Pending
	APP No: 90784

	 	02/20/2007	 	 	 	 

			
	 	 	 
	Class: Int            9
	 	our ref: 743,663

Goods: Computer software used for telecommunications, including software for combining voice, data, video, and multimedia functions into an integrated system
on local and global computer networks.

 

 

Case Tracking System

Broadsoft PCT / Foreign Case Summary

	As of: October 14, 2008	 	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Case No.	 	 	 	 	 	 	 	Application	 	Filing	 	Patent	 	Date	 	Expiration	 	 
	Client	 	Client Case #	 	Title	 	Country	 	Inventor Names	 	Number	 	Date	 	Number	 	Issued	 	Date	 	Status
	 
	Broadsoft	 	1726/2 PCT	 	Methods,
Systems, and Computer Program Products for Flexible Call Jumping
	 	PCT	 	Brannick, Gary L.
Delgadillo, Gerardo Kumar, Balagopal Gopa	 	PCT/US200
7/019436	 	09/06/2007	 	 	 	 	 	 	 	Pending
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Broadsoft	 	1726/3 PCT	 	Methods, Systems, and
	 	PCT	 	Bhatia, Sanjay G.	 	PCT/US200
7/023643	 	11/09/2007	 	 	 	 	 	 	 	Pending
	 	 	 	 	Computer Program
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Products for Jumping
Calls Between Different
Modes of the Same
Device
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Broadsoft	 	1726/4 PCT	 	Systems, Methods, And
	 	PCT	 	Rice, Robert	 	PCT/US200	 	12/21/2007	 	 	 	 	 	 	 	Pending
	 	 	 	 	Apparatus For
	 	 	 	Michael	 	7/026173	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Communicating The
	 	 	 	Maveddat, Payam	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	State Of A Wireless User
Device In A Wireless
Domain To An
Application Server In An
Internet Protocol (IP)
Domain
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Broadsoft	 	1726/7 PCT	 	Emergency
Services Directory Number Registration Assistance
for Subscribers Using
Portable Internet Protocol
(IP) Communications
Devices
	 	PCT	 	Bakke, Steve Madhusan, Subash	 	PCT/US200
6/043038	 	11/03/2006	 	 	 	 	 	 	 	National
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Broadsoft	 	1726/7 PCT/CN	 	Emergency
Services Directory Number Registration
Assistance for Subscribers Using
Portable Internet Protocol
(IP) Communications
Devices
	 	China	 	Bakke, Steve Madhusan,
Subash Brannick, Gary L.	 	2006800503
49.X	 	07/03/2008	 	 	 	 	 	 	 	Pending
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

Page 1

 

Case Tracking System

Broadsoft PCT / Foreign Case Summary

As of: October 14, 2008

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Case No.	 	 	 	 	 	 	 	Application	 	Filing	 	Patent	 	Date	 	Expiration	 	 
	Client	 	Client Case #	 	Title	 	Country	 	Inventor Names	 	Number	 	Date	 	Number	 	Issued	 	Date	 	Status
	 
	Broadsoft	 	1726/7 PCT/EP	 	Emergency
Services Directory Number Registration Assistance
for Subscribers Using
Portable Internet Protocol
(IP) Communications
Devices
	 	EPO	 	Bakke, Steve Madhusan, Subash	 	06827477.8	 	06/03/2008	 	 	 	 	 	 	 	Pending
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Broadsoft	 	1726/11 PCT	 	System
and Method for Reestablishing, With a Client Device, A
Signaling Session
Associated With a Call in
Progress
	 	PCT	 	Rice, Robert Michael	 	PCT/US200	 	01/31/2008	 	 	 	 	 	 	 	Pending
	 	 	 	 	 	 	 	 	8/001278	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

Page 2

 

Exhibit C

Suretyship Waivers

     1. Waivers. Each Borrower hereby waives: (a) any right to require ORIX to institute suit
against, or to exhaust its rights and remedies against, any other Borrower or any other person, or
to proceed against any property of any kind which secures all or any part of the Obligations, or to
exercise any right of offset or other right with respect to any reserves, credits or deposit
accounts held by or maintained with ORIX or any indebtedness of ORIX to any other Borrower, or to
exercise any other right or power, or pursue any other remedy ORIX may have; (b) any defense
arising by reason of any disability or other defense of any other Borrower, or by reason of the
cessation from any cause whatsoever of any liability of any other Borrower, with respect to all or
any part of the Obligations, or by reason of any act or omission of ORIX or others which directly
or indirectly results in the discharge or release of any other Borrower or any Obligations or any
security therefor, whether by operation of law or otherwise; (c) any defense arising by reason of
any failure of ORIX to obtain, perfect, maintain or keep in force any security interest in, or lien
or encumbrance upon, any property of any Borrower or any other person; (d) any defense based upon
or arising out of any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt,
liquidation or dissolution proceeding commenced by or against any other Borrower, including without
limitation any discharge of, or bar against collecting, any of the Obligations (including without
limitation any interest thereon), in or as a result of any such proceeding. Until all of the
Obligations has been paid, performed, and discharged in full, nothing shall discharge or satisfy
the liability of Borrower hereunder except the full performance and payment of all of the
Obligations. If any claim is ever made upon ORIX for repayment or recovery of any amount or
amounts received by ORIX in payment of or on account of any of the Obligations, because of any
claim that any such payment constituted a preferential transfer or fraudulent conveyance, or for
any other reason whatsoever, and ORIX repays all or part of said amount by reason of any judgment,
decree or order of any court or administrative body having jurisdiction over ORIX or any of its
property, or by reason of any settlement or compromise of any such claim effected by ORIX with any
such claimant (including without limitation any other Borrower), then and in any such event,
Borrower agrees that any such judgment, decree, order, settlement and compromise shall be binding
upon Borrower, notwithstanding any revocation or release of this Agreement or the cancellation of
any note or other instrument evidencing any of the Obligations, or any release of any of the
Obligations, and the Borrower shall be and remain liable to ORIX under this Agreement for the
amount so repaid or recovered, to the same extent as if such amount had never originally been
received by ORIX, and the provisions of this sentence shall survive, and continue in effect,
notwithstanding any termination of this Agreement. Each Borrower hereby expressly and
unconditionally waives all rights of subrogation, reimbursement and indemnity of every kind against
any other Borrower, and all rights of recourse to any assets or property of any other Borrower, and
all rights to any collateral or security held for the payment and performance of any Obligations,
including (but not limited to) any of the foregoing rights which Borrower may have under any
present or future document or agreement with any other Borrower, and including (but not limited to)
any of the foregoing rights which Borrower may have under any equitable doctrine of subrogation,
implied contract, or unjust enrichment, or any other equitable or legal doctrine.

     2. Consents. Each Borrower hereby consents and agrees that, without notice to or by Borrower
and without affecting or impairing in any way the obligations or liability of Borrower hereunder,
ORIX may, from time to time before or after revocation of this Agreement, do any one or more of the
following in ORIX’s sole and absolute discretion: (a) accept partial payments of, compromise or
settle, renew, extend the time for the payment, discharge, or performance of, refuse to enforce,
and release all or any parties to, any or all of the Obligations; (b) grant any other indulgence to
any Borrower or any other person in respect of any or all of the Obligations or any other matter;
(c) accept, release, waive, surrender, enforce, exchange, modify, impair, or extend the time for
the performance, discharge, or payment of, any and all property of any kind securing any or all of
the Obligations, or on which ORIX at any time may have a lien, or refuse to enforce its rights or
make any compromise or settlement or agreement therefor in respect of any or all of such property;
(d) substitute or add, or take any action or omit to take any action which results in the release
of, any other Borrower, regardless of any destruction or impairment of any right of contribution or
other right of Borrower; (e) apply any sums received from any other Borrower, or from the
disposition of any collateral or security, to any indebtedness whatsoever owing from such other
Borrower or secured by such collateral or security, in such manner and order as ORIX determines in
its sole discretion, and regardless of whether such indebtedness is part of the Obligations, is
secured, or is due and payable. Borrower consents and agrees that ORIX shall be under no
obligation to marshal any assets in favor of Borrower, or against or in payment of any or all of
the Obligations.

-1-

 

ORIX Schedule to Loan and Security Agreement

     3. Independent Liability. Each Borrower hereby agrees that one or more successive or
concurrent actions may be brought hereon against it, in the same action in which any other Borrower
may be sued or in separate actions, as often as deemed advisable by ORIX. Each Borrower is fully
aware of the financial condition of each other Borrower and is executing and delivering this
Agreement based solely upon its own independent investigation of all matters pertinent hereto, and
it is not relying in any manner upon any representation or statement of ORIX with respect thereto.
Each Borrower represents and warrants that it is in a position to obtain, and it hereby assumes
full responsibility for obtaining, any additional information concerning any other Borrower’s
financial condition and any other matter pertinent hereto as it may desire, and it is not relying
upon or expecting ORIX to furnish to it any information now or hereafter in ORIX’s possession
concerning the same or any other matter.

-2-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}]]