Document:

Exhibit 10.30

 Exhibit 10.30 
 EMPLOYMENT AGREEMENT 
 Employment Agreement, dated as of September 1, 2005,
by and between Supertel Hospitality, Inc., a Virginia corporation with its principal place of business located at 309 North 5th Street, Norfolk, Nebraska 68701 (the “Employer”) and Don Heimes, an individual (the “Employee”).

 WHEREAS, the Employer and the Employee desire to enter into an Employment Agreement on the terms set forth below; 

NOW, THEREFORE, for and in consideration of the premises, covenants, conditions and obligations thereafter set forth, the parties hereto
agree as follows: 
 Section 1. Employment. The Employer hereby employs the Employee, and the Employee hereby accepts
employment, upon the terms and subject to the conditions hereinafter set forth. 
 Section 2. Duties. The Employee will be
employed as the Chief Financial Officer of the Employer, or such other positions to which he may be appointed by the Board of Directors. The Employee will perform the duties attendant to his executive position with the Employer. The Employee agrees
to devote his full time and best efforts to the performance of his duties to the Employer. The Employee shall be permitted to participate in charitable activities and accept positions on the boards of non-profit entities. 

Section 3. Term. The initial term of employment of the Employee hereunder will commence on the date of this Agreement (the
“Commencement Date”) and continue until December 31, 2005, unless earlier terminated pursuant to Section 6, and will be automatically renewed for successive additional one year terms thereafter (commencing January 1, 2006),
unless terminated by either party by written notice to the other, given no fewer than 30 days prior to the expiration of the then current term. 
 Section 4. Compensation and Benefits. In consideration for the services of the Employee hereunder, the Employer will compensate the Employee as follows: 

 

	 	(a)	Base Salary. Until the termination of the Employee’s employment hereunder, the Employer will pay the Employee, bi-weekly in arrears, a base salary (the “Base
Salary”) established by the Compensation Committee of Employer’s Board of Directors which Base Salary will be reviewed by the Employer annually. The Employee’s Base Salary as of the date of this Agreement shall be $150,000 per annum.

  

	 	(b)	Bonus. The Employer will consider the Employee for cash bonuses on an annual basis. Any such bonus will be based on the recommendation of Employer’s Compensation
Committee of the board of directors. 

  

	 	(c)	Stock Options. Pursuant to the Employer’s Stock Option Plan (the “Plan”), the Employer will consider the Employee for option grants on an annual basis.
Any such grants will be made in the sole discretion of Employer’s Compensation Committee of the Board of Directors. 

  

	 	(d)	 Vacation. The Employee will be entitled to four weeks of paid vacation per year at the reasonable and mutual convenience of the Employer and the
Employee. 

	 	 
Unless otherwise approved by the Board of Directors of the Employer, accrued vacation not taken in any calendar year will not be carried forward or used in any subsequent year.

 Section 5. Expenses. The Employee, in connection with the services to be performed by him pursuant to
the terms of this Agreement, will be required to make payments for travel and similar expenses. The Employer will reimburse the Employee for all reasonable expenses of types authorized by the Employer and incurred by the Employee in the performance
of his duties hereunder. The Employee will comply with such budget limitations and approval and reporting requirements with respect to expenses as the Employer may establish from time to time. 

Section 6. Termination. The Employee’s employment hereunder will commence on the Commencement Date and continue until the end
of the term specified in Section 3 hereof and any renewals of such term, except that the employment of the Employee hereunder will sooner terminate in the following manner: 

 

	 	(a)	Death or Disability. Upon the death of the Employee during the term of his employment hereunder or, at the option of the Employer, in the event of the Employee’s
disability, upon 30 days’ notice to the Employee. The Employee will be deemed disabled if he is unable to perform his duties hereunder for a period of sixty consecutive days on account of injury or sickness. Any refusal by the Employee to
submit to a medical examination for the purpose of certifying disability under this Section 6(a) will be deemed conclusively to constitute evidence of the Employee’s disability. 

 

	 	(b)	For Cause. For “Cause” immediately upon written notice by the Employer to the Employee. For purposes of this Agreement, a termination will be for Cause if:

  

	 	(i)	the Employee commits an unlawful or criminal act (A) involving moral turpitude or (B) resulting in a financial loss to Employer; or 

 

	 	(ii)	the Employee (A) fails to obey written directions delivered to Employee by the Employer’s Board of Directors, or (B) commits a material breach of any of
the covenants, terms and provisions hereof, and in either case such failure or breach continues for more than three days after receipt by the Employee of written notice of such failure or breach. 

 

	 	(c)	 Payments Upon Termination. The Employee will not be entitled to any compensation upon termination, except for any portion of his Base Salary accrued
but unpaid from the last monthly payment date to the date of termination and expense reimbursements under Section 5 hereof for expenses incurred in the performance of his duties hereunder prior to termination, if (i) such termination
occurs as a result of an event set forth in Section 6(a) or Section 6(b), (ii) such termination occurs as a result of Employee’s voluntary termination of his employment with Employer, or (iii) such termination results from
Employee’s retirement upon reaching age 65. If Employee’s termination results from the involuntary termination of Employee by Employer without cause (as defined in Section 6(b)), Employer shall pay Employee, for twelve months, an
amount equal to Employee’s Base Salary at the time of termination, which amount shall be paid at the times and in the amounts Employee would have been paid Base Salary had the employment not been terminated. Employee accepts the payments as

	 	 
specified herein as full satisfaction of all amounts owed to Employee by Employer pursuant to this Agreement in the event of Employee’s termination. 

Section 7. Confidential Information. The Employee recognizes and acknowledges that certain assets of the Employer and its affiliates,
including without limitation information regarding methods of operation, proprietary computer programs, sales, products, profits, costs, markets and key personnel (hereinafter called “Confidential Information”) are valuable, special and
unique assets of the Employer and its affiliates. The Employee will not, during or after his term of employment, disclose any of the Confidential Information to any person, firm, corporation, association, or any other entity for any reason or
purpose whatsoever, directly or indirectly, except as may be required pursuant to his employment hereunder, unless and until such Confidential Information becomes publicly available other than as a consequence of the breach of the Employee of his
confidentiality obligations hereunder. In the event of the termination of his employment, whether voluntary or involuntary and whether by the Employer or the Employee, the Employee will deliver to the Employer all documents and data pertaining to
the Confidential Information and will not take with him any documents or data or any kind or any reproductions (in whole or in part) of any items relating to the Confidential Information. 

Section 8. Noncompetition. During the term hereof and until one year after termination of the Employee’s employment hereunder,
the Employee will not (i) engage directly or indirectly, alone or as a shareholder, partner, officer, director, employee or consultant of any other business organization, in any business activities which (A) relate to the economy motel
business (the “Designated Industry”) and (B) were either conducted by the Employer prior to the Employee’s termination or proposed to be conducted by the Employer at the time of such termination, (ii) divert to any
competitor of the Employer in the Designated Industry any business opportunity of the Employee, or (iii) solicit or encourage any officer, employee, or consultant of the Employer to leave its employ for employment by or with any competitor of
the Employer in the Designated Industry. The Employee’s noncompetition obligations hereunder will not preclude the Employee from owning less than 5% of the common stock of any publicly traded corporation conducting business activities in the
Designated Industry. The Employee will continue to be bound by the provisions of this Section 8 until their expiration and will not be entitled to any compensation from the Employer with respect thereto. If at any time the provisions of this
Section 8 will be determined to be invalid or unenforceable, by reason of being vague or unreasonably as to area, duration or scope of activity, this Section 8 will be considered divisible and will become and be immediately amended to only
such area, duration and scope of activity as will be determined to be reasonable and enforceable by the court or other body having jurisdiction over the matter; and the Employee agrees that this Section 8 as so amended will be valid and binding
as though any invalid or unenforceable provision had not been included herein. 
 Section 9. General. 

 

	 	(a)	Notices. All notices and other communications hereunder will be in writing or by written telecommunication, and will be deemed to have been duly given if delivered
personally or if mailed by certified mail, return receipt requested or by written telecommunication, to the relevant address set forth below, or to such other address as the recipient of such notice of communication will have specified to the other
party hereto in accordance with this Section 9: 

 If to the Employer, to: 

 Supertel Hospitality, Inc. 

309 North 5th Street 
 Norfolk, NE 68701 
 If to the Employee, to: 

Don Heimes 
 2472
33rd Avenue 
 P. O. Box 484 
 Columbus, NE 68602 
  

	 	(b)	Equitable Remedies. Each of the parties hereto acknowledges and agrees that upon any breach by the Employee of his obligations under Section 7 and 8 hereof, the
Employer will have no adequate remedy at law, and accordingly will be entitled to specific performance and other appropriate injunctive and equitable relief. 

 

	 	(c)	Severability. If any provision of this Agreement is or becomes invalid, illegal or unenforceable in any respect under any law, the validity, legality and enforceability
of the remaining provisions hereof will not in any way be affected or impaired. 

  

	 	(d)	Waivers. No delay or omission by either party hereto in exercising any right, power or privilege hereunder will impair such right, power or privilege, nor will any
single or partial exercise of any such right, power or privilege preclude any further exercise thereof or the exercise of any other right, power or privilege. 

 

	 	(f)	Assigns. This Agreement will be binding upon and inure to the benefit of the heirs and successors of each of the parties hereto. 

 

	 	(g)	Entire Agreement. This Agreement contains the entire understanding of the parties, supersedes all prior agreements and understandings relating to the subject matter
hereof and will not be amended except by a written instrument signed by each of the parties hereto. 

  

	 	(h)	Governing Law. This Agreement and the performance hereof will be construed and governed in accordance with the laws of the State of Nebraska. 

IN WITNESS WHEREOF, and intending to be legally bound hereby, the parties hereto have caused this Agreement to be duly executed as of the
date and year first above written. 
  

					
		  	Supertel Hospitality, Inc.
			
	 /s/ Don Heimes
	  	By:	  	 /s/ Paul J. Schulte

	DON HEIMES	  		  	Paul J. Schulte, President and Chief
		  		  	Executive OfficerFirst Loan Modification Agreement

 Exhibit 10.1 
 FIRST LOAN MODIFICATION AGREEMENT 
 This First Modification Agreement (this
“Loan Modification Agreement”) is entered into and effective as of March 15, 2011 (the “First Loan Modification Effective Date”), by and between SILICON VALLEY BANK, a California corporation, with its
principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at 380 Interlocken Crescent, Suite 600, Broomfield, Colorado 80021 (“Bank”) and ATRICURE, INC., a
Delaware corporation with its chief executive office located at 6217 Centre Park Drive, West Chester, Ohio 45069 (“Borrower”). 

1. DESCRIPTION OF EXISTING INDEBTEDNESS AND OBLIGATIONS. Among other indebtedness and obligations which may be owing by Borrower to Bank, Borrower
is indebted to Bank pursuant to a loan arrangement dated as of September 13, 2010, evidenced by, among other documents, a certain Amended and Restated Loan and Security Agreement dated as of September 13, 2010, between Borrower and Bank,
(as amended, the “Existing Loan Agreement”). Capitalized terms used but not otherwise defined herein shall have the same meaning as in the Loan Agreement. 
 2. DESCRIPTION OF COLLATERAL. Repayment of the Obligations is secured by the Collateral as described (i) in the Loan Agreement; (ii) in a certain Export-Import Bank Loan and Security
Agreement, dated as of September 13, 2010 (as amended, the “EXIM Loan Agreement”); and (iii) in a certain Intellectual Property Security Agreement dated as of May 1, 2009 (the “IP Agreement”, and
together with any other collateral security granted to Bank, the “Security Documents”). 
 Hereinafter, the Security Documents,
together with the Existing Loan Agreement and all other documents evidencing or securing the Obligations shall be referred to as the “Existing Loan Documents”. 
 3. DESCRIPTION OF CHANGE IN TERMS. 
  

	 	A.	Modifications to Loan Agreement. 

  

	 	1	The Loan Agreement shall be amended by inserting the following new Section 2.1.6 immediately following Section 2.1.5 thereof: 

“2.1.6 Term Loan 2011. 
 (a) Existing Term Loan. Borrower is obligated to the Bank for the Term Loan. Borrower acknowledges and agrees that, as of the First Loan Modification Effective Date, prior to giving effect to the
proceeds of the Term Loan 2011, the outstanding principal amount of the Term Loan is $2,527,777.68. Borrower acknowledges and agrees that, once repaid, the Term Loan may not be re-borrowed. 

(b) Availability; Use of Term Loan 2011 Proceeds. Bank shall make one (1) term loan available to Borrower in an amount up to
the Term Loan 2011 Amount on the First Loan Modification Effective Date, subject to the satisfaction of the terms and conditions of this Agreement. Proceeds of the Term Loan 2011 shall be used to (i) repay, without penalty and with no Make
Whole Premium due, all outstanding accrued but unpaid interest on and the outstanding principal balance of the Term Loan; and (ii) to support ongoing cash needs of the Borrower and to fund acquisitions acceptable to Bank, in its reasonable
discretion. 
 (c) Repayment. Borrower shall make monthly payments in arrears of interest only commencing on each Payment
Date following the Funding Date. Beginning April 1, 2011 and on each Payment Date thereafter, Borrower shall repay the Term Loan (i) in sixty (60) equal monthly installments of principal of One Hundred Twenty Five Thousand Dollars
($125,000), plus (ii) monthly payments of accrued interest (any such 

 
payment of interest and/or principal being a “Term Loan 2011 Payment”). Borrower’s final Term Loan 2011 Payment, due on the Term Loan 2011 Maturity Date, shall include all
outstanding principal and accrued and unpaid interest under the Term Loan 2011. Once repaid, the Term Loan 2011 may not be re-borrowed. 
 (d) Mandatory Prepayment Upon an Acceleration. If the Term Loan 2011 is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the
sum of (i) all outstanding principal plus accrued and unpaid interest on the Term Loan 2011 and (ii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due
amounts. 
 (e) Prepayment. All, but not less than all, of the Term Loan 2011 may be prepaid by the Borrower prior to the
Term Loan 2011 Maturity Date, effective five (5) Business Days after written notice of such prepayment is given to Bank. Notwithstanding any such prepayment, Bank’s lien and security interest in the Collateral and all of Bank’s rights
and remedies under this Agreement shall continue until terminated in accordance with Section 12.1. If such prepayment is at Borrower’s election or at Bank’s election due to the occurrence and continuance of an Event of Default or if
any of the Obligations become due and payable as a result of an Event of Default (including without limitation becoming due and payable as a result of an Insolvency Proceeding), Borrower shall pay to Bank, in addition to the payment of any other
expenses or fees then-owing, a prepayment fee in an amount equal to the Make Whole Premium; provided that no Make Whole Premium fee shall be charged if the credit facility hereunder is replaced with a new facility from the Bank. Upon
payment in full of the Obligations which are then due and payable and at such time as Bank’s obligation to make Credit Extensions has terminated, Bank shall release its liens and security interests in the Collateral and all rights therein shall
revert to Borrower.” 
  

	 	2	The Loan Agreement shall be amended by deleting the following text appearing as Section 2.3(a) thereof: 

“(a) Interest Rate. 
 (i) Advances. Subject to Section 2.3(b), the principal amount of Advances outstanding under the Revolving Line shall accrue interest at a floating per annum rate based on Borrower’s
Adjusted Quick Ratio (and the existence or non-existence of an Event of Default) as set forth below, which interest shall be payable monthly, in arrears, in accordance with Section 2.3(f) below. 

 

			
	 Adjusted Quick Ratio as of the end of
a
 month and Event of Default status
	  	 Interest Rate

		
	Greater than or equal to 2.00:1.00, and no Event of Default has occurred and is continuing	  	One percentage point (1.00%) above the Base Rate (the “First Tier Rate”)
		
	Greater than or equal to 1.50:1.00, but less than 2.00:1.00, and no Event of Default has occurred and is continuing	  	One and one-half percentage points (1.50%) above the Base Rate (the “Second Tier Rate”)
		
	Less than 1.50:1.00, or an Event of Default has occurred and is continuing	  	Two percentage points (2.00%) above the Base Rate (the “Regular Rate”)

 The rate in effect as of the Effective Date is the Second Tier Rate. Changes in the interest rate based on the Borrower’s Adjusted Quick Ratio as provided above shall go

 
into effect as of the first day of the month following the month in which Borrower’s financial statements are received by Bank. If, based on the Adjusted Quick Ratio as shown in
Borrower’s financial statements, there is to be an increase in the interest rate, the interest rate increase may be put into effect by Bank as of the first day of the month following the month in which Borrower’s financial statements were
due, even if the delivery of the financial statements is delayed. The Regular Rate shall go into effect immediately upon the occurrence and during the continuance of an Event of Default unless Bank otherwise elects from time to time in its sole
discretion to delay its effect or impose a smaller increase. 
 (ii) Term Loan. Subject to Section 2.3(b), the
principal amount outstanding under the Term Loan shall accrue interest at a per annum rate equal to ten percent (10.00%), which interest shall be payable monthly in accordance with Section 2.3(f) below.” 

and inserting in lieu thereof the following: 
 “(a) Interest Rate. 
 (i) Advances. Subject to
Section 2.3(b), the principal amount of Advances outstanding under the Revolving Line shall accrue interest at a floating per annum rate based on Borrower’s Adjusted Quick Ratio (and the existence or non-existence of an Event of Default)
as set forth below, which interest shall be payable monthly, in arrears, in accordance with Section 2.3(f) below. 
  

			
	 Adjusted Quick Ratio as of the end of
a
 month and Event of Default status
	  	 Interest Rate

		
	Greater than or equal to 2.00:1.00, and no Event of Default has occurred and is continuing	  	One-quarter of one percentage point (0.25%) above the Base Rate (the “First Tier Rate”)
		
	Greater than or equal to 1.50:1.00, but less than 2.00:1.00, and no Event of Default has occurred and is continuing	  	Three-quarters of one percentage point (0.75%) above the Base Rate (the “Second Tier Rate”)
		
	Less than 1.50:1.00, or an Event of Default has occurred and is continuing	  	One and one-quarter percentage points (1.25%) above the Base Rate (the “Regular Rate”)

The rate in effect as of the First Loan Modification Effective Date is the Second Tier Rate. Changes in the interest rate based on the
Borrower’s Adjusted Quick Ratio as provided above shall go into effect as of the first day of the month following the month in which Borrower’s financial statements are received by Bank. If, based on the Adjusted Quick Ratio as shown in
Borrower’s financial statements, there is to be an increase in the interest rate, the interest rate increase may be put into effect by Bank as of the first day of the month following the month in which Borrower’s financial statements were
due, even if the delivery of the financial statements is delayed. The Regular Rate shall go into effect immediately upon the occurrence and during the continuance of an Event of Default unless Bank otherwise elects from time to time in its sole
discretion to delay its effect or impose a smaller increase. 
 (ii) Term Loan 2011. Subject to Section 2.3(b), the
principal amount outstanding under the Term Loan 2011 shall accrue interest at a per annum rate equal to six and three quarters percent (6.75%), which interest shall be payable monthly in accordance with Section 2.3(f) below.” 

	 	3	The Loan Agreement shall be amended by deleting the following text appearing as Section 2.4(b) thereof: 

“(b) Anniversary Fee. A fully earned, non-refundable anniversary fee of Fifty Thousand Dollars ($50,000.00), payable on the
second anniversary of the Prior Effective Date;” 
 and inserting in lieu thereof the following: 

“(b) [Intentionally omitted];” 
  

	 	4	The Loan Agreement shall be amended by deleting the following text appearing as Section 2.4(d) thereof: 

“(d) Termination Fee. Subject to the terms of Section 2.1.5(c) with respect to the Term Loan and Section 12.1 with
respect to the Revolving Line, a termination fee;” 
 and inserting in lieu thereof the following: 

“(d) Termination Fee. Subject to the terms of Section 2.1.6(e) with respect to the Term Loan 2011 and Section 12.1
with respect to the Revolving Line, a termination fee;” 
  

	 	5	The Loan Agreement shall be amended by deleting the following text appearing as Section 8.1 thereof: 

“8.1 Payment Default. Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due
date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Revolving Line Maturity Date and/or the
Term Loan Maturity Date, as applicable). During the cure period, the failure to make or pay any payment specified under clause (a) or (b) hereunder is not an Event of Default (but no Credit Extension will be made during the cure
period);” 
 and inserting in lieu thereof the following: 

“8.1 Payment Default. Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due
date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Revolving Line Maturity Date and/or the
Term Loan 2011 Maturity Date, as applicable). During the cure period, the failure to make or pay any payment specified under clause (a) or (b) hereunder is not an Event of Default (but no Credit Extension will be made during the cure
period);” 
  

	 	6	The Loan Agreement shall be amended by deleting the following text appearing as Section 12.1 thereof: 

“12.1 Termination Prior to Maturity Date. This Agreement may be terminated prior to the Revolving Line Maturity Date by
Borrower, effective three (3) Business Days after written notice of termination is given to Bank or if Bank’s obligation to fund Credit Extensions terminates pursuant to the terms of Section 2.1.1(c). Notwithstanding any such
termination, Bank’s lien and security interest in the Collateral shall continue until terminated in accordance with this Section 12.1. If such termination is at Borrower’s election or at Bank’s election due to the occurrence and
continuance of an Event of Default or if any of the Obligations become due and payable as a result of an Event of Default (including without limitation becoming due and payable as a result of an Insolvency Proceeding), Borrower shall pay to Bank, in
addition to the payment of any 

 
other expenses or fees then-owing, (i) a termination fee in an amount equal to three percent (3.00%) of the Revolving Line (i.e. Three Hundred Thousand Dollars ($300,000)); if
termination occurs on or before the first anniversary of the Prior Effective Date; (ii) two percent (2.00%) of the Revolving Line (i.e. Two Hundred Thousand Dollars ($200,000)) if termination occurs after the first anniversary of the Prior
Effective Date and on or before the second anniversary of the Prior Effective Date; and (iii) one percent (1.00%) of the Revolving Line (i.e. One Hundred Thousand Dollars ($100,000) if termination occurs after the second anniversary of the
Prior Effective Date and before the Revolving Line Maturity Date; provided that no termination fee shall be charged if the credit facility hereunder is replaced with a new facility from another division of the Bank. Upon payment in full of
the Obligations which are then due and payable and at such time as Bank’s obligation to make Credit Extensions has terminated, Bank shall release its liens and security interests in the Collateral and all rights therein shall revert to
Borrower.” 
 and inserting in lieu thereof the following: 

“12.1 Termination Prior to Maturity Date. This Agreement may be terminated prior to the Revolving Line Maturity Date by
Borrower, effective three (3) Business Days after written notice of termination is given to Bank or if Bank’s obligation to fund Credit Extensions terminates pursuant to the terms of Section 2.1.1(c). Notwithstanding any such
termination, Bank’s lien and security interest in the Collateral shall continue until terminated in accordance with this Section 12.1. If such termination is at Borrower’s election or at Bank’s election due to the occurrence and
continuance of an Event of Default or if any of the Obligations become due and payable as a result of an Event of Default (including without limitation becoming due and payable as a result of an Insolvency Proceeding), Borrower shall pay to Bank, in
addition to the payment of any other expenses or fees then-owing, a termination fee in an amount equal to (i) two percent (2.00%) of the Revolving Line (i.e. Two Hundred Thousand Dollars ($200,000)) if termination occurs after First Loan
Modification Effective Date but on or before the first anniversary of the First Loan Modification Effective Date; and (ii) one percent (1.00%) of the Revolving Line (i.e. One Hundred Thousand Dollars ($100,000) if termination occurs after
the first anniversary of the First Loan Modification Effective Date but on or before the second anniversary of the First Loan Modification Effective Date; provided that no termination fee shall be charged if the credit facility
hereunder is replaced with a new facility from another division of the Bank. Upon payment in full of the Obligations which are then due and payable and at such time as Bank’s obligation to make Credit Extensions has terminated, Bank shall
release its liens and security interests in the Collateral and all rights therein shall revert to Borrower.” 
  

	 	7	The Loan Agreement shall be amended by deleting the following text appearing as clause (h) of the definition of “Permitted Indebtedness” appearing in
Section 13.1 thereof: 

 “(h) Indebtedness under hedging obligations with respect to interest rates,
foreign currency exchange rates or commodity prices, in each case not entered into for speculative purposes, and in an aggregate notational value at any time outstanding not exceeding an amount equal to fifty percent (50%) of the then
outstanding principal balance of the Term Loan;” 
 and inserting in lieu thereof the following: 

“(h) Indebtedness under hedging obligations with respect to interest rates, foreign currency exchange rates or commodity prices, in
each case not entered into for speculative purposes, and in an aggregate notational value at any time outstanding not exceeding an amount equal to fifty percent (50%) of the then outstanding principal balance of the Term Loan 2011;”

	 	8	The Loan Agreement shall be amended by inserting the following definitions in their appropriate alphabetical order in Section 13.1 thereof:

 “Payment Date” is the first calendar day of each month. 

“Term Loan 2011” is a loan made by Bank pursuant to the terms of Section 2.1.6 hereof. 

“Term Loan 2011 Amount” is an aggregate amount equal to Seven Million Five Hundred Thousand Dollars ($7,500,000)
outstanding at any time. 
 “Term Loan 2011 Maturity Date” is March 15, 2016. 

“Term Loan 2011 Payment” is defined in Section 2.1.6(c).” 

 

	 	9	The Loan Agreement shall be amended by deleting the following definitions from Section 13.1 thereof: 

““Credit Extension” is any Advance, Letter of Credit, EXIM Loan, Term Loan, FX Forward Contract, amount utilized
for Cash Management Services, or any other extension of credit by Bank for Borrower’s benefit. 
 “Make Whole Event
Date” shall mean (a) in the case of a voluntary Term Loan prepayment, the date of such prepayment, and (b) in the case of all or a portion of the Term Loan becoming due and payable according to the terms hereof because of the
occurrence and continuance of an Event of Default, the date such amount of the Term Loan has become due and payable according to the terms hereof. 
 “Make Whole Premium” is an amount equal to 3% of the Term Loan Amount if the Make Whole Event Date occurs on or before the first anniversary of the Prior Effective Date; 2% of the Term
Loan Amount if the Make Whole Event Date occurs after the first anniversary of the Prior Effective Date but on or before the second anniversary of the Prior Effective Date; and 1% of Term Loan Amount if the Make Whole Event Date occurs after the
second anniversary of the Prior Effective Date but before the Term Loan Maturity Date. 
 “Revolving Line Maturity
Date” is April 30, 2012. 
 “Streamline Requirements” are, as of any date, all of the following:
(a) no Default or Event of Default exists; and (b) Borrower has an aggregate of unrestricted cash and Cash Equivalents held at Bank and Bank’s Affiliates of greater than the sum of (a) the outstanding principal amount of any
Advances (including any amounts used for Cash Management Services but excluding any outstanding Quarter-end Advances), plus (b) the face amount of any outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit),
plus (c) the amount outstanding under the Term Loan.” 
 and inserting in lieu thereof the following:

 ““Credit Extension” is any Advance, Letter of Credit, EXIM Loan, Term Loan 2011, FX Forward Contract,
amount utilized for Cash Management Services, or any other extension of credit by Bank for Borrower’s benefit. 

“Make Whole Event Date” shall mean (a) in the case of a voluntary Term Loan 2011 prepayment, the date of such
prepayment, and (b) in the case of all or a portion of the Term Loan 2011 becoming due and payable according to the terms hereof because of the occurrence and continuance of an Event of Default, the date such amount of the Term Loan 2011 has
become due and payable according to the terms hereof. 

 “Make Whole Premium” is an amount equal to 3% of the Term Loan 2011 Amount
if the Make Whole Event Date occurs on or before the first anniversary of the First Loan Modification Effective Date; 2% of the Term Loan 2011 Amount if the Make Whole Event Date occurs after the first anniversary of the First Loan Modification
Effective Date but on or before the second anniversary of the First Loan Modification Effective Date; and 1% of Term Loan 2011 Amount if the Make Whole Event Date occurs after the second anniversary of the First Loan Modification Effective Date but
before the Term Loan 2011 Maturity Date. 
 “Revolving Line Maturity Date” is April 30, 2014. 

“Streamline Requirements” are, as of any date, all of the following: (i) no Default or Event of Default exists; and
(ii) Borrower has an aggregate of unrestricted cash and Cash Equivalents held at Bank and Bank’s Affiliates of greater than the sum of (a) the outstanding principal amount of any Advances (including any amounts used for Cash
Management Services but excluding any outstanding Quarter-end Advances), plus (b) the face amount of any outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit), plus (c) the amount outstanding
under the Term Loan 2011.” 
 4. FEES. Borrower shall pay to Bank a term loan origination fee equal to Fifteen Thousand Dollars
($15,000), which term loan origination fee shall be due on the date hereof and shall be deemed fully earned and non-refundable as of the date hereof. In addition, Borrower shall pay to Bank an anniversary fee equal to (i) on May 1, 2011,
Fifty Thousand Dollars ($50,000); (ii) On May 1, 2012, Fifty Thousand Dollars ($50,000); and (iii) on May 1, 2013, Fifty Thousand Dollars ($50,000). Each such anniversary fee shall be deemed fully earned as of the date of
scheduled payment and, once paid, shall be non-refundable. Borrower shall also reimburse Bank for all legal fees and expenses incurred in connection with this Loan Modification Agreement. 
 5. CONDITIONS PRECEDENT TO EFFECTIVENESS. Borrower hereby agrees that the following documents shall be delivered to the Bank prior to the entering into and the effectiveness of this Loan
Modification Agreement, each in form and substance satisfactory to the Bank (collectively, the “Conditions Precedent”): 
  

	 	a)	copies, certified by a duly authorized officer of Borrower, to be true and complete as of the date hereof, of each of (i) the governing documents of Borrower as in
effect on the date hereof (but only to the extent modified since last delivered to the Bank), (ii) the resolutions of Borrower authorizing the execution and delivery of this Loan Modification Agreement, the other documents executed in
connection herewith and Borrower’s performance of all of the transactions contemplated hereby (but only to the extent required since last delivered to Bank), and (iii) an incumbency certificate giving the name and bearing a specimen
signature of each individual who shall be so authorized on behalf of Borrower (but only to the extent any signatories have changed since such incumbency certificate was last delivered to Bank); 

 

	 	b)	a certificate of the from the Secretary of State for the applicable jurisdiction, as of a recent date as to the Borrower’s existence, good standing and foreign
qualification (as applicable); 

  

	 	c)	a legal opinion of counsel to the Borrower as to authority and enforceability of the Loan Modification Agreement and the other Loan Documents executed in connection
herewith; and 

  

	 	d)	such other documents as the Bank may reasonably request. 

 6. AUTHORIZATION TO FILE. Borrower hereby authorizes Bank to file UCC financing statements without notice to Borrower, with all appropriate jurisdictions, as Bank deems appropriate, in order to
further perfect or protect Bank’s interest in the Collateral, including a notice that any disposition of the Collateral, by either the Borrower or any other Person, shall be deemed to violate the rights of the Bank under the Code. 

7. CONSISTENT CHANGES. The Existing Loan Documents are hereby amended wherever necessary to reflect the changes described above. 

 8. RATIFICATION OF LOAN DOCUMENTS. Borrower hereby ratifies, confirms, and reaffirms all terms and
conditions of all security or other collateral granted to the Bank, and confirms that the indebtedness secured thereby includes, without limitation, the Obligations. 
 9. NO DEFENSES OF BORROWER. Borrower hereby acknowledges and agrees that Borrower has no offsets, defenses, claims, or counterclaims against Bank with respect to the Obligations, or otherwise, and
that if Borrower now has, or ever did have, any offsets, defenses, claims, or counterclaims against Bank, whether known or unknown, at law or in equity, all of them are hereby expressly WAIVED and Borrower hereby RELEASES Bank from any liability
thereunder. 
 10. CONTINUING VALIDITY. Borrower understands and agrees that in modifying the existing Obligations, Bank is relying upon
Borrower’s representations, warranties, and agreements, as set forth in the Existing Loan Documents. Except as expressly modified pursuant to this Loan Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in
full force and effect. Bank’s agreement to modifications to the existing Obligations pursuant to this Loan Modification Agreement in no way shall obligate Bank to make any future modifications to the Obligations. Nothing in this Loan
Modification Agreement shall constitute a satisfaction of the Obligations. It is the intention of Bank and Borrower to retain as liable parties all makers of Existing Loan Documents, unless the party is expressly released by Bank in writing. No
maker will be released by virtue of this Loan Modification Agreement. 
 11. RIGHT OF SET-OFF. In consideration of Bank’s agreement
to enter into this Loan Modification Agreement, Borrower hereby reaffirms and hereby grants to Bank, a lien, security interest and right of set off as security for all Obligations to Bank, whether now existing or hereafter arising upon and against
all deposits, credits, collateral and property, now or hereafter in the possession, custody, safekeeping or control of Bank or any entity under the control of Silicon Valley Bank (including a Bank subsidiary) or in transit to any of them. At any
time after the occurrence and during the continuance of an Event of Default, without demand or notice, Bank may set off the same or any part thereof and apply the same to any liability or obligation of Borrower even though unmatured and regardless
of the adequacy of any other collateral securing the loan. ANY AND ALL RIGHTS TO REQUIRE BANK TO EXERCISE ITS RIGHTS OR REMEDIES WITH RESPECT TO ANY OTHER COLLATERAL WHICH SECURES THE OBLIGATIONS, PRIOR TO EXERCISING ITS RIGHT OF SETOFF WITH RESPECT
TO SUCH DEPOSITS, CREDITS OR OTHER PROPERTY OF BORROWER, ARE HEREBY KNOWINGLY, VOLUNTARILY AND IRREVOCABLY WAIVED. 
 12.
CONFIDENTIALITY. Without limiting Section 12.10 of the Loan Agreement (which is and shall remain in full force and effect), Bank may use confidential information for the development of databases, reporting purposes, and market analysis,
so long as such confidential information is aggregated and anonymized prior to distribution unless otherwise expressly permitted by Borrower. The provisions of the immediately preceding sentence shall survive the termination of the Loan Agreement.

 JURISDICTION/VENUE. California law governs the Loan Documents, including, without limitation, this Loan Modification
Agreement without regard to principles of conflicts of law. Borrower and Bank each submit to the exclusive jurisdiction of the State and Federal courts in Santa Clara County, California; provided, however, that nothing in this Agreement shall be
deemed to operate to preclude Bank from bringing suit or taking other legal action in any other jurisdiction to realize on the Collateral or any other security for the Obligations, or to enforce a judgment or other court order in favor of Bank.
Borrower expressly submits and consents in advance to such jurisdiction in any action or suit commenced in any such court, and Borrower hereby waives any objection that it may have based upon lack of personal jurisdiction, improper venue, or forum
non conveniens and hereby consents to the granting of such legal or equitable relief as is deemed appropriate by such court. Borrower hereby waives personal service of the summons, complaints, and other process issued in such action or suit and
agrees that service of such summons, complaints, and other process may be made by registered or certified mail addressed to Borrower at the address set forth in, or subsequently provided by Borrower in accordance with, Section 10 of the Loan
Agreement and that service so made shall be deemed completed upon the earlier to occur of Borrower’s actual receipt thereof or three (3) days after deposit in the U.S. mails, proper postage prepaid. 

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, BORROWER AND BANK EACH WAIVE THEIR RIGHT TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF
ACTION ARISING 

 
OUT OF OR BASED UPON THIS LOAN MODIFICATION AGREEMENT, THE LOAN AGREEMENT, THE LOAN DOCUMENTS OR ANY CONTEMPLATED TRANSACTION, INCLUDING CONTRACT, TORT, BREACH OF DUTY AND ALL OTHER CLAIMS. THIS
WAIVER IS A MATERIAL INDUCEMENT FOR BOTH PARTIES TO ENTER INTO THIS AGREEMENT. EACH PARTY HAS REVIEWED THIS WAIVER WITH ITS COUNSEL. 

WITHOUT INTENDING IN ANY WAY TO LIMIT THE PARTIES’ AGREEMENT TO WAIVE THEIR RESPECTIVE RIGHT TO A TRIAL BY JURY, if the above waiver of the right to
a trial by jury is not enforceable, the parties hereto agree that any and all disputes or controversies of any nature between them arising at any time shall be decided by a reference to a private judge, mutually selected by the parties (or, if they
cannot agree, by the Presiding Judge of the Santa Clara County, California Superior Court) appointed in accordance with California Code of Civil Procedure Section 638 (or pursuant to comparable provisions of federal law if the dispute falls
within the exclusive jurisdiction of the federal courts), sitting without a jury, in Santa Clara County, California; and the parties hereby submit to the jurisdiction of such court. The reference proceedings shall be conducted pursuant to and in
accordance with the provisions of California Code of Civil Procedure §§ 638 through 645.1, inclusive. The private judge shall have the power, among others, to grant provisional relief, including without limitation, entering temporary
restraining orders, issuing preliminary and permanent injunctions and appointing receivers. All such proceedings shall be closed to the public and confidential and all records relating thereto shall be permanently sealed. If during the course of any
dispute, a party desires to seek provisional relief, but a judge has not been appointed at that point pursuant to the judicial reference procedures, then such party may apply to the Santa Clara County, California Superior Court for such relief. The
proceeding before the private judge shall be conducted in the same manner as it would be before a court under the rules of evidence applicable to judicial proceedings. The parties shall be entitled to discovery which shall be conducted in the same
manner as it would be before a court under the rules of discovery applicable to judicial proceedings. The private judge shall oversee discovery and may enforce all discovery rules and orders applicable to judicial proceedings in the same manner as a
trial court judge. The parties agree that the selected or appointed private judge shall have the power to decide all issues in the action or proceeding, whether of fact or of law, and shall report a statement of decision thereon pursuant to
California Code of Civil Procedure § 644(a). Nothing in this paragraph shall limit the right of any party at any time to exercise self-help remedies, foreclose against collateral, or obtain provisional remedies. The private judge shall also
determine all issues relating to the applicability, interpretation, and enforceability of this paragraph. 
 13. COUNTERSIGNATURE. This
Loan Modification Agreement shall become effective only when it shall have been executed by Borrower and Bank. 
 [The
remainder of this page is intentionally left blank] 

 This Loan Modification Agreement is executed as of the First Loan Modification Effective
Date. 
  

									
	BORROWER:	 		 		 	BANK:
			
	ATRICURE, INC.	 		 	SILICON VALLEY BANK
					
	By:	 	 /s/ Julie A. Piton
	 		 	By:	 	 /s/ Adam Glick

	Name: Julie A. Piton	 		 	Name: Adam Glick
	Title: Vice President/Chief Financial Officer	 		 	Title: Relationship Manager

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