Document:

exh10_70.htm

EXHIBIT 10.70

 

 

RELEASE OF CLAIMS

 

1.             Parties.

 

The parties to Release of Claims (hereinafter "Release") are Phil Christian, Far East Energy Corporation and Far East Energy (Bermuda) Ltd., as hereinafter defined.

 

1.1           Executive.

 

For the purposes of this Release, "Executive" means Phil Christian and his attorneys, heirs, executors, administrators, assigns, and spouse.

 

1.2           Company.

 

For purposes of this Release, the "Company" means Far East Energy Corporation and Far East Energy (Bermuda) Ltd., their predecessors and successors, subsidiaries, corporate affiliates, and all of each entity's officers, directors, employees, insurers, agents, or assigns, in their individual and representative capacities.

 

2.             Background And Purpose.

 

Executive was employed by the Company.  Executive's employment is ending effective October 15, 2009.  The purpose of this Release is to settle, and the parties hereby settle, fully and finally, any and all claims Executive may have against the Company, whether asserted or not, known or unknown, including, but not limited
to, claims arising out of or related to Executive's employment, any claim for reemployment, or any other claims whether asserted or not, known or unknown, past or future, that relate to Executive's employment, reemployment, or application for reemployment.

 

3.             Release.

 

Executive waives, acquits and forever discharges the Company from any obligations the Company has and all claims Executive may have including but not limited to obligations and/or claims arising from the Agreement or any other document or oral agreement relating to employment compensation, benefits, severance or post-employment issues.  Executive
hereby releases Company from any and all claims, demands, actions, or causes of action, whether known or unknown, arising from or related in any way to any employment of or past or future failure or refusal to employ Executive by Company, or any other past or future claim (except as reserved by this Release or where expressly prohibited by law) that relates in any way to Executive's employment, compensation, benefits, reemployment, or application for employment, with the exception of any claim Executive may have
against Company for enforcement of this Release.  This release includes any and all claims, direct or indirect, which might otherwise be made under any applicable local, state or federal authority, including but not limited to any claim arising under state statutes dealing with employment, discrimination in employment, Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Americans With Disabilities Act, the Family and Medical Leave Act of 1993, the Equal Pay Act of 1963, Executive
Order 11246, the Rehabilitation Act of 1973, the Uniformed Services Employment and Reemployment Rights Act of 1994, the Age Discrimination in Employment Act, the Older Workers Benefit Protection Act, the Fair Labor Standards Act, state wage and hour statutes, all as amended, any regulations under such authorities, and any applicable contract, tort, or common law theories.

 

 

 

 

 

3.1           Reservations Of Rights.

 

This Release shall not affect any rights which Executive may have under any medical insurance, disability plan, workers' compensation, unemployment compensation, indemnifications, applicable company stock incentive plan(s), or the 401(k) plan maintained by the Company.

 

3.2           No Admission Of Liability.

 

It is understood and agreed that the acts done and evidenced hereby and the release granted hereunder is not an admission of liability on the part of Executive or Company, by whom liability has been and is expressly denied.

 

4.             Consideration To Executive.

 

After receipt of this Release signed by Executive, and the expiration of the seven-day revocation period provided by the Older Workers Benefit Protection Act without Executive's revocation, Company shall pay the Executive Fifty-Thousand Dollars ($50,000) as severance.

 

5.             No Disparagement.

 

Executive agrees that henceforth Executive will not disparage or make false or adverse statements about Company.  The Company should report to Executive any actions or statements that are attributed to Executive that the Company believes are disparaging.  The Company may take actions consistent with breach of this Release
should it determine that Executive has disparaged or made false or adverse statements about Company.  The Company agrees to follow the applicable policy(ies) regarding release of employment reference information.

 

6.             Confidentiality, Proprietary, Trade Secret And Related Information

 

Executive acknowledges the duty and agrees not to make unauthorized use or disclosure of any confidential, proprietary or trade secret information learned as an employee about Company, its products, customers and suppliers, and covenants not to breach that duty.  Should Executive, Executive's attorney or agents be requested in any
judicial, administrative, or other proceeding to disclose confidential, proprietary or trade secret information Executive learned as an employee of Company, Executive shall promptly notify the Company of such request by the most expeditious means in order to enable the Company to take any reasonable and appropriate action to limit such disclosure.

 

 

 

 

 

7.             Scope Of Release.

 

The provisions of this Release shall be deemed to obligate, extend to, and inure to the benefit of the parties; Company's parents, subsidiaries, affiliates, successors, predecessors, assigns, directors, officers, and employees; and each parties insurers, transferees, grantees, legatees, agents and heirs, including those who may assume any
and all of the above-described capacities subsequent to the execution and effective date of this Release.

 

8.             Opportunity For Advice Of Counsel.

 

Executive acknowledges that Executive has been encouraged to seek advice of counsel with respect to this Release and has had the opportunity to do so.

 

9.             Entire Release.

 

This Release signed by Executive contain the entire agreement and understanding between the parties and, except with respect to Sections 8-21 of the Executive's Employment Agreement which survive the termination of such agreement, supersede and replace all prior agreements, written or oral, prior negotiations and proposed agreements, written
or oral.  Executive and the Company acknowledge that no other party, nor agent nor attorney of any other party, has made any promise, representation, or warranty, express or implied, not contained in this Release concerning the subject matter of this Release to induce this Release, and Executive and the Company acknowledge that they have not executed this Release in reliance upon any such promise, representation, or warranty not contained in this Release.

 

10.           Severability.

 

Every provision of this Release is intended to be severable.  In the event any term or provision of this Release is declared to be illegal or invalid for any reason whatsoever by a court of competent jurisdiction or by final and unappealed order of an administrative agency of competent jurisdiction, such illegality or invalidity
should not affect the balance of the terms and provisions of this Release, which terms and provisions shall remain binding and enforceable.

 

11.           Parties May Enforce Release.

 

Nothing in this Release shall operate to release or discharge any parties to this Release or their successors, assigns, legatees, heirs, or personal representatives from any rights, claims, or causes of action arising out of, relating to, or connected with a breach of any obligation of any party contained in this Release.

 

12.           Acknowledgment.

 

Executive acknowledges that the Release provides severance pay and benefits which the Company would otherwise have no obligation to provide.

 

 

 

 

 

13.           Revocation.

 

As provided by the Older Workers Benefit Protection Act, Executive is entitled to have twenty-one (21) days to consider this Release.  For a period of seven (7) days from execution of this Release, Executive may revoke this Release.  Upon receipt of Executive's signed Release and the end of the revocation period, payment
by the Company as described in paragraph 4 will be forwarded by mail in a timely manner as provided herein.

 

	
/s/ Phil Christian
	  	
Dated: October 6, 2009

	
Phil Christian
	  	  

 

 

	
FAR EAST ENERGY CORPORATION

	 
	 
	
By:
	  	
/s/Michael R. McElwrath
	
Dated: October 6, 2009

	  	  	
Name: Michael R. McElwrath
	  
	  	  	
Its: Chief Executive Officer and President
	  
	  	  	  	  
	  	  	  	  
	
FAR EAST ENERGY (BERMUDA) LTD.

	  	  	  	  
	  	  	  	  
	
By:
	  	
/s/Michael R. McElwrath
	
Dated: October 6, 2009

	  	  	
Name: Michael R. McElwrath
	  
	  	  	
Its: Chairmanex10_4.htm

     

    
      

      

    

    
 

     

    Exhibit 10.4

     

    Certain
Officer Compensation Arrangements

     

         In
connection with his appointment as Senior Vice President and Chief
Administrative Officer in August 2009, W. Gregory Looser received an increase in
base salary from $402,000 to $425,000 per year and an increase in the 2009
target bonus (as a percentage of base salary) from 60% to 65%.  The
base salary and target bonus with respect to the other named executive officers
currently employed by Pride did not change.ex10_1.htm

    
      

    

    
      Exhibit
10.1

      

      FOURTH
AMENDMENT TO

      AMENDED
AND RESTATED

      LOAN AND SECURITY
AGREEMENT

      

      THIS
FOURTH AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Amendment”) is
entered into this 1ST day
of July, 2009, by and between SILICON VALLEY BANK (“Bank”) and CONCURRENT
COMPUTER CORPORATION, a Delaware corporation (“Borrower”) whose
address is 4375 River Green Parkway, Suite 100, Duluth, Georgia
30096.

      

      Recitals

      

      A.           Bank
and Borrower have entered into that certain Amended and Restated Loan and
Security Agreement dated as of December 22, 2006, as heretofore amended (as the
same may from time to time be amended, modified, supplemented or restated, the
“Loan
Agreement”).

      

      B.           Bank
has extended credit to Borrower for the purposes permitted in the Loan
Agreement.

      

      C.           Borrower
has requested that Bank amend the Loan Agreement to increase the Permitted
Indebtedness.

      

      D.           Bank
has agreed to so amend certain provisions of the Loan Agreement, but only to the
extent, in accordance with the terms, subject to the conditions and in reliance
upon the representations and warranties set forth below.

      

      Agreement

      

      Now,
Therefore, in consideration of the foregoing recitals and other good and
valuable consideration, the receipt and adequacy of which is hereby
acknowledged, and intending to be legally bound, the parties hereto agree as
follows:

      

      1.            
Definitions.  Capitalized
terms used but not defined in this Amendment shall have the meanings given to
them in the Loan Agreement.

      

      2.            
Amendments to Loan
Agreement.

      

      2.1           Section 13 (Definition of Permitted
Indebtedness).  Section 13 of the Loan Agreement is hereby
amended by deleting clause (g) of the definition of “Permitted Indebtedness” and
by substituting therefore a new clause (g), to read as follows:

      

      (a)           Indebtedness
in an aggregate principal amount not to exceed $2,000,000 secured by Permitted
Liens;

      

      2.2           Section 13 (Definition of Permitted
Liens).  Section 13 of the Loan Agreement is hereby further
amended by deleting clause (c) of the definition of “Permitted Liens” and by
substituting therefore a new clause (c), to read as follows:

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       (c)           Purchase
money Liens (i) on Equipment acquired or held by Borrower or its Subsidiaries
incurred for financing the acquisition of the Equipment or incurred within one
hundred twenty (120) days after such acquisitions, provided that the aggregate
principal amount of Indebtedness secured by such Liens does not exceed
$2,000,000 at any one time outstanding, or (ii) existing on Equipment when
acquired, if
the Lien is confined to the property and improvements and the Proceeds of the
Equipment;

      

      3.            
Limitation of Amendments.

      

      3.1           The
amendments set forth in Section
2, above, are effective for the purposes set forth herein and shall be
limited precisely as written and shall not be deemed to (a) be a consent to any
amendment, waiver or modification of any other term or condition of any Loan
Document, or (b) otherwise prejudice any right or remedy which Bank or Borrower
may now have or may have in the future under or in connection with any Loan
Document.

      

      3.2           This
Amendment shall be construed in connection with and as part of the Loan
Documents and all terms, conditions, representations, warranties, covenants and
agreements set forth in the Loan Documents, except as herein amended, are hereby
ratified and confirmed and shall remain in full force and effect.

      

      4.          
  Representations and
Warranties.  To induce Bank to enter into this Amendment,
Borrower hereby represents and warrants to Bank as follows:

      

      4.1           Immediately
after giving effect to this Amendment (a) the representations and warranties
contained in the Loan Documents are true, accurate and complete in all material
respects as of the date hereof (except to the extent such representations and
warranties relate to an earlier date, in which case they are true and correct as
of such date), and (b) no Event of Default has occurred and is
continuing;

      

      4.2           Borrower
has the power and authority to execute and deliver this Amendment and to perform
its obligations under the Loan Agreement, as amended by this
Amendment;

      

      4.3           The
organizational documents of Borrower delivered to Bank on the Effective Date
remain true, accurate and complete and have not been amended, supplemented or
restated and are and continue to be in full force and effect;

      

      4.4           The
execution and delivery by Borrower of this Amendment and the performance by
Borrower of its obligations under the Loan Agreement, as amended by this
Amendment, have been duly authorized;

      

      4.5           The
execution and delivery of this Amendment and the performance by Borrower of its
obligations under the Loan Agreement, as amended by this Amendment, do not
conflict with Borrower’s organizational documents, nor constitute an event of
default under any material agreement by which Borrower is
bound.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      4.6           The
execution and delivery by Borrower of this Amendment and the performance by
Borrower of its obligations under the Loan Agreement, as amended by this
Amendment, do not require any order, consent, approval, license, authorization
or validation of, or filing, recording or registration with, or exemption by any
governmental or public body or authority, or subdivision thereof, binding on
Borrower or any of its Subsidiaries, except as already has been obtained or
made; and

      

      4.7           This
Amendment has been duly executed and delivered by Borrower and is the binding
obligation of Borrower, enforceable against Borrower in accordance with its
terms, except as such enforceability may be limited by bankruptcy, insolvency,
reorganization, liquidation, moratorium or other similar laws of general
application and equitable principles relating to or affecting creditors’
rights.

      

      5.            
Counterparts.  This
Amendment may be executed in any number of counterparts and all of such
counterparts taken together shall be deemed to constitute one and the same
instrument.

      

      6.          
  Effectiveness.  This
Amendment shall be deemed effective upon (a) the due execution and delivery to
Bank of this Amendment by each party hereto, (b) Bank’s receipt of the
Subsidiary Ratification Agreement substantially in the form attached hereto as
Schedule 1, duly executed and delivered by each Guarantor, (c) Bank’s receipt of
the Subordination Agreement Ratification substantially in the form attached
hereto as Schedule 2, duly executed and delivered by each signatory thereto, and
(d) payment of Bank’s reasonable legal fees and expenses in connection with the
negotiation and preparation of this Amendment.

      

      [Signature
page follows.]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      In Witness
Whereof, the parties
hereto have caused this Amendment to be duly executed and delivered under seal
as of the date first written above.

      

      
        	
                BANK

              	 
      
	 
      	 
      	 
      
	
                SILICON
      VALLEY BANK

              	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	
                By:

              	
                /s/ Anthony Barkett

              	 
      
	
                Name:

              	
                Anthony Barkett

              	 
      
	
                Title:

              	
                VP

              	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	
                BORROWER

              	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	
                CONCURRENT
      COMPUTER CORPORATION

              	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	
                By:

              	
                /s/ Emory O. Berry

              	 
      
	
                Name:

              	
                Emory O. Berry

              	 
      
	
                Title:

              	
                CFO and EVP of Operations

              	 
      

      

       

      
        
          
             

          

          
             

            
              

            

          

          
             

          

        

        SUBSIDIARY
REAFFIRMATION AGREEMENT

        

        

        THIS SUBSIDIARY REAFFIRMATION
AGREEMENT (this “Agreement”) is
entered into as of July 1, 2009, by EVERSTREAM HOLDINGS, INC., a
Delaware corporation, EVERSTREAM, INC., a Delaware
corporation, and EHI PATENT CO.
LLC, a New York limited liability company (each an “Obligor” and
collectively, the “Obligors”) in favor
of SILICON VALLEY BANK
(“Bank”).

        

        W I T N E S S E T H :

        

        WHEREAS,
Concurrent Computer Corporation (“Borrower”) and Bank
entered into a certain Loan and Security Agreement dated as of December 23, 2004
between Borrower and Bank (as amended from time to time, the “Original Loan
Agreement”) pursuant to which Bank made certain loans and extensions of
credit to Borrower; and

        

        WHEREAS,
in connection with the Original Loan Agreement, Obligors have executed and
delivered to Bank (a) that certain Unconditional Guaranty dated April 6, 2006
(as amended from time to time, the “Guaranty”), pursuant
to which Obligors, among other things, have unconditionally guaranteed repayment
of all Obligations under the Original Loan Agreement; (b) that certain Security
Agreement dated as of April 6, 2006 (as amended from time to time, the “Security Agreement”)
pursuant to which the Obligors granted to the Bank a security interest in
substantially all of their assets as security for their obligations under the
Guaranty and for the obligations of the Borrower under the Original Loan
Agreement and (c) that certain Intellectual Property Security Agreement dated
April 6, 2006 (as amended from time to time, the “IP Security
Agreement”) pursuant to which the Obligors granted to the Bank a security
interest in substantially all of their Intellectual Property as security for
their obligations under the Guaranty and for the obligations of the Borrower
under the Original Loan Agreement; and

        

        WHEREAS,
Borrower and Bank amended and restated the Original Loan Agreement pursuant to
that certain Amended and Restated Loan and Security Agreement dated as of
December 22, 2006 (the “Loan Agreement”) and,
in connection therewith, the Obligors reaffirmed their obligations under the
Guaranty, the Security Agreement and the IP Security Agreement as security for
the obligations arising under the Loan Agreement; and

        

        WHEREAS,
Borrower and Bank propose to amend the Loan Agreement pursuant to that certain
Fourth Amendment to Amended and Restated Loan and Security Agreement dated of
even date herewith (the “Fourth Amendment”) to
permit the Borrower to incur an increased amount of secured indebtedness and to
make certain other amendments set forth therein;

        

        WHEREAS,
it is a condition precedent to the effectiveness of the Fourth Amendment that
the Obligors execute and deliver this Agreement;

        

        NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Obligors agree as follows:

          

        
          
             

          

          
            
            

            
              

            

          

          
             

          

        

          

        1.           All
capitalized terms used herein and not otherwise defined shall have the meanings
given to such terms in the Loan Agreement, as amended through and including the
Fourth Amendment (the “Amended Loan
Agreement”).

        2.           Each
Obligor acknowledges receipt of a copy of the Fourth Amendment and consent to,
and agree to be bound by, to the extent applicable the terms and conditions
thereof.

        

        3.           Each
Obligor hereby agrees that all references in the Guaranty, the Security
Agreement and the IP Security Agreement to the “Loan Agreement” shall henceforth
be deemed to refer to the Amended Loan Agreement.

        

        4.           Each
Obligor acknowledges and agrees that all obligations of the Borrower under the
Amended Loan Agreement are included in the “Obligations,” as such term is
defined in the Guaranty, and are guaranteed by the Guaranty.

        

        5.           Each
Obligor acknowledges and agrees that all Obligations of the Borrower under the
Amended Loan Agreement are included in the “Obligations,” as such term is used
in the Security Agreement, and are secured by the security interests in the
Collateral granted by the Security Agreement.

        

        6.           Each
Obligor acknowledges and agrees that all Obligations under the Amended Loan
Agreement are secured by the security interests in the Intellectual Property
granted by the IP Security Agreement.

        

        7.           Each
Obligor reaffirms all the terms and conditions of the Guaranty, the Security
Agreement and the IP Security Agreement and agrees that the Guaranty, the
Security Agreement and the IP Security Agreement, and their obligations
thereunder, remain in full force and effect, without release, diminution or
impairment, notwithstanding the execution and delivery of the Fourth Amendment
or any other agreement, document or instrument.

        

        8.           This
Agreement may be executed in any number of counterparts and by different parties
on separate counterparts, each of which, when executed and delivered, are an
original, and all taken together, are one Agreement.  This Agreement
shall constitute a Loan Document.

         

        9.           This
Agreement shall be governed by the laws of the State of Georgia.

         

        

        [signatures
appear on following page]
  

        
          
             

          

          
            2

            
              

            

          

          
             

          

        

          

        IN
WITNESS WHEREOF, the Obligors have executed this Reaffirmation and Agreement
under seal as of the date first written above.

          

        

        
          	 
      	
                  EVERSTREAM
      HOLDINGS, INC.

                
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                  By:

                	
                  /s/ Emory O. Berry

                	 
      
	 
      	
                  Name:
      Emory O. Berry

                	 
      
	 
      	
                  Title:
      Director

                	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                  EVERSTREAM,
      INC.

                	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                  By:

                	
                   /s/ Emory O. Berry

                	 
      
	 
      	
                  Name:
      Emory O. Berry

                	 
      
	 
      	
                  Title:
      Director

                	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                  EHI
      PATENT CO. LLC

                	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                  By:

                	
                   /s/ Emory O. Berry

                	 
      
	 
      	
                  Name:
      Emory O. Berry

                	 
      
	 
      	
                  Title:
      Director

                	 
      

        

        

        

        

        reaffirmation
of subsidiaries

        signature
page

         

      

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

    

     

    
      REAFFIRMATION
OF

      SUBORDINATION
AGREEMENT

      

      THIS
REAFFIRMATION OF SUBORDINATION AGREEMENT (this “Reaffirmation”) is
entered into as of July 1, 2009, in favor of SILICON VALLEY BANK (“Bank”) by each of the
undersigned entities (individually a “Subordinated
Creditor” and collectively, the “Subordinated
Creditors”).

      

      W I T N E S S E T H :

      

      WHEREAS,
Concurrent Computer Corporation (“Borrower”) and Bank
entered into that certain Loan and Security Agreement dated as of December 23,
2004, as amended (referred to herein as the "Original Loan
Agreement"), pursuant to which Bank extended credit accommodations to
Borrower secured by the Collateral (as defined in the Loan Agreement);
and

      

      WHEREAS,
in connection with the Loan Agreement, the Subordinated Creditors Agent executed
and delivered to Bank that certain Subordination Agreement dated February 4,
2005 (as amended from time to time, the “Subordination
Agreement”), subordinating in right of payment all amounts owed to
Borrower by the Subordinated Creditors; and

      

      WHEREAS,
Borrower and Bank amended and restated the Original Loan Agreement pursuant to
that certain Amended and Restated Loan and Security Agreement dated as of
December 22, 2006 (the “Loan Agreement”) and,
in connection therewith, the Subordinating Creditors reaffirmed their
obligations under the Subordination Agreement; and

      

      WHEREAS,
Borrower and Bank propose to amend the Loan Agreement pursuant to that certain
Fourth Amendment to Amended and Restated Loan and Security Agreement dated of
even date herewith (the “Fourth Amendment”) to
permit the Borrower to incur an increased amount of secured indebtedness and to
make certain other amendments set forth therein;

      

      WHEREAS,
it is a condition precedent to the effectiveness of the Fourth Amendment that
the Subordinating Creditors execute and deliver this Agreement;

      

      NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Subordinated Creditors agree as
follows:

      

      1.           All
capitalized terms used herein and not otherwise defined shall have the meanings
given to such terms in the Subordination Agreement.

      

      2.           Each
Subordinated Creditor hereby agrees that all references in the Subordination
Agreement to the “Loan Agreement” shall henceforth be deemed to refer to the
Loan Agreement, as amended through and including the Fourth Amendment (as so
amended, the “Amended
Loan Agreement”).

      
        
          
             

          

           

        

        
          
          

          
            

          

        

        
           

        

      

      3.           Each
Subordinated Creditor acknowledges and agrees that (a) all “Obligations” under,
and as such term is defined in, the Amended Loan Agreement constitute Senior
Debt under the Subordination Agreement and are entitled to all the benefits
afforded to the Senior Debt under the Subordination Agreement and (b) the
Subordination Debt is subordinated to the prior payment of the Obligations under
the Amended Loan Agreement on the terms set for in the Subordination
Agreement.

      

      4.           Each
Subordinated Creditor (a) reaffirms and ratifies all the terms and conditions of
the Subordination Agreement and agrees to be bound by the terms and conditions
thereof, as modified hereby and (b) agrees that the Subordination Agreement, and
its obligations thereunder, remain in full force and effect, without release,
diminution or impairment, notwithstanding the execution and delivery of the
Amended Loan Agreement or any other agreement, document or
instrument.

      

      5.           This
Reaffirmation may be executed in counterpart and all such counterparts shall
constitute one and the same original.

       

      6.           This
Reaffirmation shall be governed by the laws of the State of
Georgia.  This Reaffirmation shall constitute a Loan
Document.

       

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      IN
WITNESS WHEREOF, the undersigned has executed this Reaffirmation of
Subordination Agreement under seal as of the date first written
above.

      

      
        	 
      	
                Subordinated
      Creditors:

              	 
      
	 
      	 
      	 
      	 
      
	 
      	
                CONCURRENT
      COMPUTER ASIA CORPORATION

              	 
      
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Emory O. Berry

              	 
      
	 
      	
                 

              	

                Name:
      Emory O. Berry

              	 
      
	 
      	
                 

              	

                Title:
      Director

              	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                CONCURRENT
      COMPUTER CANADA, INC.

              
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                N/A

              	 
      
	 
      	
                 

              	

                Name:
      N/A

              	 
      
	 
      	
                 

              	

                Title:
      N/A

              	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                CONCURRENT
      COMPUTER CORPORATION (FRANCE)

              
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Kirk L. Somers

              	 
      
	 
      	
                 

              	

                Name:
      Kirk L. Somers

              	 
      
	 
      	
              	

                Title:
      Director

              	 
      

      

      
 

      
        
          	 
      	
                  CONCURRENT
      REALISATIONS LTD.

                	 
      
	 
      	 
      	 
      	 
      
	 
      	
                  By:

                	
                  N/A

                	 
      
	 
      	
                   

                	

                  Name:
      N/A

                	 
      
	 
      	
                   

                	

                  Title:
      N/A

                	 
      
	 
      	 
      	 
      	 
      
	 	 	 	 
	 
      	
                  CONCURRENT
      COMPUTER CORPORATION PTY LTD

                	 
      
	 
      	 
      	 
      	 
      
	 
      	
                  By:

                	
                  /s/ Kirk L. Somers

                	 
      
	 
      	
                   

                	

                  Name:
      Kirk L. Somers

                	 
      
	 
      	
                	

                  Title:
      Director

                	 
      

        

         

        
          
             

          

          
            3

            
              

            

          

          
             

          

        

      

       

      
        	 
      	
                CONCURRENT
      COMPUTER FRANCE, S.A.

              	 
      
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Birgit Grossmann

              	 
      
	 
      	
                 

              	

                Name:
      Birgit Grossmann

              
	 
      	
                 

              	

                Title:
      President, Director, General/Managing Director

              
	 
      	 
      	 
      	 
      
	 	 	 	 
	 
      	
                CONCURRENT
      COMPUTER GMBH

              	 
      
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Birgit Grossmann

              	 
      
	 
      	
                 

              	

                Name:
      Birgit Grossmann

              
	 
      	
                 

              	

                Title:
      President, Director, General/Managing Director

              
	 
      	 
      	 
      	 
      
	 	 	 	 
	 
      	
                CONCURRENT
      COMPUTER HISPANIA, S.A.

              	 
      
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Birgit Grossmann

              	 
      
	 
      	
                 

              	

                Name:
      Birgit Grossmann

              
	 
      	
                 

              	

                Title:
      Director

              
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                CONCURRENT
      UK LIMITED

              	 
      
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Emory O. Berry

              	 
      
	 
      	
                 

              	

                Name:
      Emory O. Berry

              
	 
      	
                 

              	

                Title:
      Director

              
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                CONCURRENT
      COMPUTER HONG KONG LIMITED

              	 
      
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Emory O. Berry

              	 
      
	 
      	
                 

              	

                Name:
      Emory O. Berry

              
	 
      	
                 

              	

                Title:
      Director

              

      

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      

      
        	 
      	

                CONCURRENT
      COMPUTER NEW ZEALAND LIMITED

              
	 
      	 
      	 
      	 
      
	 
      	

                By:

              	
                N/A

              	 
      
	 
      	 
      	

                Name:
      N/A

              
	 
      	 
      	

                Title:
      N/A

              
	 
      	 
      	 
      	 
      
	 	 	 	 
	 
      	

                CONCURRENT
      FEDERAL SYSTEMS, INC.

              
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Emory O. Berry

              	 
      
	 
      	 
      	

                Name:
      Emory O. Berry

              
	 
      	 
      	

                Title:
      Director

              
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	

                CONCURRENT
      HOLDING CORPORATION

              
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Emory O. Berry

              	 
      
	 
      	 
      	

                Name:
      Emory O. Berry

              
	 
      	 
      	

                Title:
      Director

              
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	

                CONCURRENT
      NIPPON CORPORATION

              
	 
      	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Emory O. Berry

              	 
      
	 
      	 
      	

                Name:
      Emory O. Berry

              
	 
      	 
      	

                Title:
      Director

              
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	

                CONCURRENT
      SECURITIES CORPORATION

              
	 
      	 
      	 
      	 
      
	 
      	

                By:

              	
                /s/ Emory O. Berry

              	 
      
	 
      	 
      	

                Name:
      Emory O. Berry

              
	 
      	 
      	

                Title:
      Director

              

      

    

     

     

    5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}]]