Document:

Lease Extension and Lease Guaranty of Registrant

 Exhibit 10. 4 
  
 LEASE EXTENSION 
  
 WHEREAS, on or about September 7, 2001, Fox and Fields, a general partnership (hereinafter “Fox and Fields”), and Duet GP, dba Pressplay
(hereinafter “Pressplay”), entered into a lease respecting the premises located at 9044 Melrose Avenue, West Hollywood, California, a copy of which lease is attached hereto as Exhibit A; and 
  
 WHEREAS, on or about May 19, 2003, Duet GP was converted into Duet, LLC, and
Duet, LLC was renamed Napster, LLC, and Napster, LLC was sold to Roxio, Inc.; and 
  
 WHEREAS, Roxio, Inc. agrees to enter into a guaranty as of the date hereof as guarantor of the obligations of Napster, LLC under the lease; and 
  
 WHEREAS, Napster, LLC. wishes to extend its tenancy under the terms of the lease for an additional seven (7) months, i.e. to
April 30, 2007; 
  
 NOW THEREFORE, Fox and Fields hereby agrees to
extend the term of the lease for a term of seven (7) months, beginning October 1, 2006, and ending April 30, 2007. All other terms of the lease shall remain in full force and effect and shall not be amended hereby. 
  
 This lease extension dated for reference purposes only January 5, 2005.

  

									
	 Napster, LLC
	 	 	 	 Fox and Fields, a general partnership

					
	 By
	 	 /s/ William Growney
	 	 	 	 By
	 	 /s/ Robert Fox

	 	 	 William Growney, Secretary
	 	 	 	 	 	 Robert Fox, partner

  

 Page 1 of 2 

  
 GUARANTY OF NAPSTER, INC.

  
 Napster, Inc. hereby guarantees the obligations of Napster,
LLC under the lease pursuant to the terms of that certain Guaranty of Lease dated as of September 26, 2001 by Universal Music Group, Inc. and Sony Music Entertainment, Inc. to Fox and Fields, a copy of which is attached hereto as Exhibit
“B”, as if Napster, Inc. was originally a party thereto. 
  

									
	 	 	 	 	 Napster, Inc.

				
	 Dated: January 5, 2005
	 	 	 	 By
	 	 /s/ William Growney

	 	 	 	 	 	 	 	 	 William Growney, Secretary

  

 Page 2 of 2 

 Exhibit A 
  

[LEASE FILED AS EXHIBIT 10.3 TO S-3 FILED WITH THE SEC ON FEBRUARY 3, 2005] 

 Exhibit B 
 GUARANTY OF LEASE 
  
 This Guaranty of Lease (“Guaranty”) is entered into this 26th day of September, 2001, by Universal Music Group, Inc., a California Corporation and Sony Music Entertainment Inc., a Delaware Corporation (collectively, the
“Guarantor”) whose addresses are 2220 Colorado Avenue, Santa Monica, California 90404 and 550 Madison Avenue, New York, New York 10022, to Fox & Fields, a general partnership (“Lessor”), whose address is P.O. Box 92640, Los
Angeles, California 90009, with respect to certain obligations of Duet GP, a Delaware general partnership d/b/a Pressplay (“Lessee”). 
  
 Guarantor is financially interested in Lessee and in order to induce Lessor to enter into that certain Lease, dated September 7, 2001 by and between
Lessor and Lessee for the building and parking areas located at 9044 Melrose Avenue, West Hollywood, California 90069 (the “Lease”), Guarantor is willing to enter into this Guaranty of Lease. 
  
 I. Guaranty. In order to induce Lessor to enter into the Lease,
Guarantor unconditionally, absolutely, and irrevocably guarantees and promises to Lessor full and complete payment by Lessee of all amounts due under the Lease, as the same may hereafter be modified, amended, extended or renewed, including but not
limited to payment when due of rent and other sums due under the Lease and all damages to which Lessor is or may be entitled whether under California Civil Code Section 1951.2 upon a termination of the Lease or otherwise. This is a continuing
guaranty of payment and not of collectibility, which shall remain in full force and effect during the term of the Lease, as renewed or extended, and thereafter until Lessee’s obligations are fully satisfied. This Guaranty shall be effective
only as to those matters which constitute a default beyond the applicable cure period by Lessee under the Lease of any payment or contractual monetary obligation for which Guarantor has been given written notice of Lessee’s default and no later
than the date when such notice is required to be given to Lessee under the Lease. If all or any portion of the obligations guaranteed are paid this Guaranty shall continue in full force and effect in the event that all or any part of such payment or
performance is avoided or recovered directly or indirectly from Lessor as a preference, fraudulent transfer or otherwise. Guarantor’s liability is not conditioned or contingent upon the genuineness, validity, regularity or enforceability of the
Lease, and Guarantor waives any and all benefits and defenses under California Civil Code 2810 and agree that by doing so Guarantor is liable even if Lessee had no liability at the time of execution of the Lease or thereafter ceases to be liable.
Subject to all of the provisions of this Guaranty, Guarantor hereby guarantees unto Lessor the full and timely payment of any contractual monetary obligation which may be due to Lessor from Lessee under the provisions of the Lease (hereinafter
referred to as the “Indebtedness”) as and when the same shall be due and payable. It is understood that Guarantor shall not undertake any nonmonetary covenants or obligations whatsoever other than to make payment in accordance with the
terms under the Lease, and this Guaranty does not cover expressly or implied by any of the other obligations of Lessee under the Lease which are not of a payment or monetary nature. Notwithstanding anything contained herein, if Guarantor is required
pursuant to this Guaranty to satisfy any obligation of Lessee under the Lease, Guarantor shall be entitled to the same defenses 

  

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under the Lease as if Guarantor were the Lessee under the Lease. In the event that Lessor brings an action for the enforcement of the Guaranty or brings
Guarantor into any action against the Lessee for any payment or contractual monetary obligation under the Lease, Guarantor shall have the right to raise any defense, off-set, counter claim or action the Lessee may have against Lessor under the
Lease. Guarantor agrees to pay the Lessor within twenty (20) days from the date Lessor notifies Guarantor, in writing, of a failure by Lessee to pay any Indebtedness (or portion thereof) which has resulted in the occurrence of a default (beyond any
applicable cure period under the Lease). 
  
 II. Changes Do Not
Affect Liability. Guarantor consents and agrees that Lessor may, without notice or demand and in its sole and absolute discretion and without affecting Guarantor’s liability under this Guaranty, from time to time (a) take, hold, release,
waive, exchange, modify or enforce any security for the payment and performance of this Guaranty or the payment and performance of the Lease and make elections under the federal bankruptcy laws concerning any such security; (b) apply such security
and direct the order or manner of sale thereof as Lessor in its discretion may determine; (c) accept or make compositions or other arrangements or file or refrain from filing a claim in any bankruptcy proceeding of Lessee or any other guarantor or
pledgor; and (d) otherwise deal with Lessee or any other guarantor or pledgor or party related to the Lease or any security or collateral in such manner as Lessor may determine in its sole and absolute discretion. Without limiting the generality of
the foregoing. Guarantor waives the rights and benefits under California Civil Code 2819 and agrees that by doing so its liability shall continue even if Lessor alters any obligations under the Lease in any respect or Lessor’s rights or
remedies against Lessee are in any way impaired or suspended without Guarantor’s consent. Lessor may upon prior reasonably notice to Guarantor assign the Lease and this Guaranty without affecting the liability of Guarantor under this Guaranty.

  
 III. Waivers by Guarantor of Certain Rights and
Defenses. Guarantor waives and relinquishes any rights it may have under California Civil Code 2845, 2849 and 2850 or otherwise to require Lessor to (a) proceed against Lessee or any other guarantor, pledgor or person liable under the Lease; (b)
proceed against or exhaust any security for the Lease or this Guaranty, or (c) pursue any other remedy in Lessor’s power whatsoever. In other words, Lessor may proceed against Guarantor for the obligations guaranteed without first taking any
action against Lessee or any other guarantor, pledgor or person liable under the Lease and without proceeding against any security. Guarantor shall not have, and hereby waives (a) any right of subrogation, contribution, indemnity and any similar
right that Guarantor may otherwise have, (b) any right to any remedy which Lessor now has or may hereafter have against Lessee, and (c) any benefit of any security now or hereafter held by Lessor. Guarantor waives (a) all presentments, demands for
performance, notices of non-performance, protests, notices of protests and notices of dishonor; (b) all other notices and demands to which Guarantor might be entitled, including without limitation notice of all of the following: the acceptance
hereof; any adverse change in Lessee’s financial position; any other fact which might increase Guarantor’s risk; any default, partial payment or non-payment under the Lease; any and all agreements and arrangements between Lessor and Lessee
and any changes, modifications, or extensions thereof; and any revocation, modification or release of any guaranty of any or all of the Lease by any person (including without limitation any other 

  

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person signing this Guaranty), provided that notwithstanding the foregoing, Lessor shall make a good faith attempt to notify Guarantor of any of the
foregoing matters in this clause (b); (c) any defense arising by reason of any failure of Lessor to obtain, perfect, maintain or keep in force any security interest in any property of Lessee 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 Lessee or any other guarantor or any person liable under the Lease, including without limitation any
discharge of, or bar against collecting, any of the obligations guaranteed hereby in or as a result of any such proceeding, any rejection of the Lease and any limitation on Lessor’s claim for rejection damages under 11 U.S.C. 1165 (which
contains a limitation equal to the greater of one (1) year’s rent or fifteen percent (15%) of the rent for the remaining term of the Lease (not to exceed three (3) years)) or otherwise; (e) any defense arising by reason of any disability or
other defense of Lessee or any other guarantor or any other person or by reason of the cessation from any cause whatsoever of the liability of Lessee or any other guarantor or any other person; and (f) the right to a jury trial in any action under
this Guaranty or relating to this Guaranty; Without limiting the generality of the foregoing or any other provision of this Guaranty, Guarantor expressly waives any and all benefits which might otherwise be available to Guarantor under, 2899 (which
provides for the order of resort to different funds held by the creditor) and 3433 (which provides for the right of a creditor to require that another creditor entitled to resort to several sources of payments first resort to sources not available
to the first creditor). Notwithstanding anything contained herein, Lessor agrees that Guarantor’s liability hereunder shall cease upon Lessee’s full performance under the Lease. 
  
 IV. Independent Liability; Joint and Several liability. Guarantor agrees that one or more successive or concurrent
actions may be brought on this Guaranty against Guarantor, in the same action in which Lessee may be sued or in separate actions, as often as deemed advisable by Lessor. The obligations under this Guaranty are joint and several, and independent of
the obligations of Lessee. If Guarantor is a married person, Guarantor agrees that recourse may be had against his separate property for all of his obligations under this Guaranty. 
  
 V. Remedies Cumulative; No Waiver. Lessor shall have the right to seek recourse against Guarantor to the full extent
provided for in this Guaranty and in any other instrument or agreement evidencing obligations of Guarantor to Lessor, and against Lessee to the full extent of the obligations guaranteed hereby. No election in one form of action or proceeding, or
against any party, or on any obligation, shall constitute a waiver of such parties right to proceed in any other form of action or proceeding or against any other party. The failure of any party to enforce any of the provisions of this Guaranty at
any time or for a period of time shall not be construed to be a waiver of any such provision or the right thereafter to enforce the same. All remedies under this Guaranty shall be cumulative and shall be in addition to all rights, powers and
remedies given to Lessor by law or under any other instrument or agreement. 
  
 VI. Financial Condition of Lessee. Guarantor acknowledges that certain facts concerning Lessee and Lessee’s financial condition may be known or become known to lessor, Guarantor waives any right to require
Lessor to furnish such information to Guarantor and agrees 

  

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not to assert any defense Guarantor may have based upon Lessor’s failure to furnish such information. Guarantor acknowledges that, in executing this
Guaranty and at all times hereafter, Guarantor relies and will continue to rely upon its own investigation and sources other than Lessor for all information and facts relating to Lessee and Lessee’s financial condition. 
  
 VII. Subordination. This section has been intentionally omitted.

  
 VIII. Bankruptcy of Lessee. Guarantor shall not
commence or join with any other person in commencing any involuntary bankruptcy, reorganization or insolvency proceedings against Lessee or any person liable for Lessee’s obligations under the Lease. If the Lease is rejected in any bankruptcy
proceeding, it shall not affect Guarantor’s liability under this Guaranty for all of the obligations of Lessee under the Lease due or to become due thereunder, and in addition thereto, at the option of Lessor, Guarantor shall either assume the
Lease and pay and perform all of the obligations of the Lessee thereunder or enter into a new lease with Lessor on substantially all of the terms and conditions of the Lease for the remaining term of the Lease. 
  
 IX. Successors and Assigns; Amendment. All rights, benefits and
privileges under this Guaranty shall inure to the benefit of and be enforceable by Lessor and its successors and assigns and shall be binding upon Guarantor and his heirs, representatives, successors and assigns. Neither the death of Guarantor nor
notice thereof to Lessor shall terminate this Guaranty as to his estate, and, notwithstanding the death of Guarantor or notice thereof to Lessor, this Guaranty shall continue in full force and effect. The provisions of this Guaranty may not be
waived or amended except in a writing executed by Guarantor and a duly authorized representative of Lessor. 
  
 X. Reports and Financial Information of Guarantor. Guarantor shall also be required to deliver estoppel certificates in the form and at the times
when Lessee shall be required to deliver estoppel certificates under the Lease, which may include a statement to the effect that this Guaranty remains in effect and that Guarantor has no rights of offset or defenses to enforcement of this Guaranty,
except as otherwise set forth in this Guaranty. Guarantor shall have no obligation to make any financial disclosures other than such information as Guarantor makes publicly available in the normal course of business. 
  
 XI. Representations and Warranties. Guarantor represents and warrants
that (i) if Guarantor is a corporation or partnership, it is duly organized, validly existing, and in good standing under the laws of the state of its organization, (ii) it is in Guarantor’s direct interest to assist Lessee in procuring the
Lease, because Lessee has a direct or indirect corporate or business relationship with Guarantor, (iii) this Guaranty has been duly and validly authorized, executed and delivered and constitutes the binding obligation of Guarantor, enforceable in
accordance with its terms, and (iv) the execution and delivery of this Guaranty does not violate (with or without the giving of notice, the passage of time, or both) any order, judgment, decree, instrument or agreement to which Guarantor is a party
or by which it or its assets are affected or bound. 
  

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 XII. Authority of Lessee’s Representatives. If Lessee is a corporation, partnership or other
entity, Lessor shall have no obligation to inquire into the power or authority of Lessee or any of its officers, directors, partners, or agents acting or purporting to act on its behalf. 
  
 XIII. Construction; Severability; Integration. When this Guaranty is executed by more than one Guarantor, the word
“Guarantor” shall mean all and any one or more of them. Words used in this Guaranty in the masculine or neuter gender shall include the masculine, neuter and feminine gender, and words used in this Guaranty in the singular shall include
the plural and vice versa, wherever the context so reasonably requires. If any provision of this Guaranty or the application thereof to any party or circumstance is held invalid, void, inoperative, or unenforceable, the remainder of this Guaranty
and the application of such provision to other parties or circumstances shall not be affected thereby, the provisions of this Guaranty being severable in any such instance. This Guaranty is the entire and only agreement between Guarantor and Lessor
respecting the guaranty of the Lease, and all representations, warranties, agreements, or undertakings heretofore or contemporaneously made, which are not set forth in this Guaranty, are superseded. 
  
 XIV. Governing Law; Jurisdiction. This Guaranty is governed by and
construed according to the laws of the State of California applicable to contracts made and to be performed in such state. In order to induce Lessor to accept this Guaranty, and as a material part of the consideration therefor, Guarantor (i) agrees
that all actions or proceedings relating directly or indirectly to this Guaranty shall be litigated in courts located within the State of California, and (ii) consents to the jurisdiction of any such court and consents to the service of process in
any such action or proceeding by personal delivery or any other method permitted by law. 
  
 XV. Paragraph Headings. Paragraph headings are used in this Guaranty for convenience only and shall not be used in any manner to construe, limit, define or interpret any provision of this Guaranty.

  
 XVI. Time of Essence. Time is of the essence in the
performance by Guarantor of each and every obligation under this Guaranty. 
  
 XVII. Notices. Any notice which a party shall be requested or shall desire to give to the other under this Guaranty shall be given by personal delivery or by depositing the same in the United States mail, first
class postage pre-paid, addressed to Lessor at its address set forth above and to Guarantor at its address set forth below, and such notices shall be deemed duly given on the date of personal delivery or three (3) days after the date of mailing as
aforesaid. Lessor and Guarantor may change their address for purposes of receiving notices under this Guaranty by giving written notice thereof to the other party in accordance with this Section. Guarantor and Lessor shall give the other party
immediate written notice of any change in its address. 
  

 5 

 Sony Music Entertainment Inc. 
 550 Madison Avenue 
 New York, New York 10022 
 Attention: ______________________ 
  
 with copy to: 
  
 _______________________________ 
 _______________________________ 
 _______________________________ 
 Attention: ______________________ 
  
  
 Universal Music Group, Inc. 
 2220 Colorado Avenue 
 Santa Monica, California 90404 
 Attention: Senior Vice President, Business & Legal Affairs 
  
 XVIII. Advice of Counsel. Guarantor has had the opportunity to review this Guaranty with its counsel, and such counsel has explained to it the meaning and significance of the provisions of this Guaranty,
including but not limited to the waivers and consents contained in this Guaranty, and answered any questions that it had regarding the meaning, significance and effect of the provisions of this Guaranty. 
  
 XIX. Attorney’s Fees. In the event of any legal proceeding is
brought by either party to dispute or enforce any of the terms, conditions and provisions of this Guaranty, the prevailing party shall be entitled to recover from the other party its court costs and reasonable attorney’s fees. 
  

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 XX. Binding Effect. This Guaranty shall not be binding on Guarantor unless and until Lessor has
executed the acknowledgement and agreement to the terms and conditions herein. 
  
 IN WITNESS WHEREOF, Guarantor has executed this Guaranty the day and year first above written. 
  

	
	 GUARANTOR: Universal Music Group, Inc.,
 a California Corporation

	
	 
	 Authorized Signatory

	 
	Date
	
	 GUARANTOR: Sony Music Entertainment
 Inc., a Delaware corporation

	
	 
	 Authorized Signatory

	 
	Date

  

			
	Acknowledged and Agreed:
	
	FOX & FIELDS
	 
		
	By:	 	 

			
	 Name:
	 	 

			
	 Title:
	 	 

			
	 Date:
	 	 

  

 7Amendment to Loan Documents

 Exhibit 10.13 
  
 Silicon Valley Bank 
  
 Amendment to Loan Documents 
  

			
	Borrower:	 	Netopia, Inc.
	Date:	 	As of December 29, 2004

  
 THIS AMENDMENT TO
LOAN DOCUMENTS (this “Amendment”) is entered into between Silicon Valley Bank (“Silicon”) and the borrower named above (“Borrower”). 
  
 Silicon and Borrower agree to amend the Loan and Security Agreement between them, dated June 27, 2002 (as otherwise amended,
if at all, the “Loan Agreement”), as follows, effective as of the date hereof. (Capitalized terms used but not defined in this Amendment, shall have the meanings set forth in the Loan Agreement.) 
  
 1. Limited Waiver. Bank and Borrower hereby agree that the failure of
Borrower to comply with the Tangible Net Worth financial covenant required under Section 5 of the Schedule to Loan Agreement (as in effect immediately prior to the effectiveness of this Amendment) solely for the month ended October 31, 2004 (the
“Designated Default”) hereby is waived. It is understood, however, that the foregoing waiver of the Designated Default does not constitute a waiver of the aforementioned covenant with respect to any other date or time period, or of any
other provision or term of the Loan Agreement or any other Loan Document, nor an agreement to waive in the future such covenant with respect to any other date or time period or any other provision or term of the Loan Agreement or any other Loan
Document. 
  
 2. Amendments to Loan Agreement.

  
 (a) Modification of Letter of Credit Sublimit. The
portion of Section 1 of the Schedule to Loan Agreement that currently reads as follows: 
  
 Letter of Credit Sublimit 
 (Section 1.6): $2,000,000. 
  
 , hereby is amended and restated in its entirety to read as follows: 
  
 Letter of Credit Sublimit 
 (Section 1.6): $5,000,000. 
  

 -1- 

			
	Silicon Valley Bank	  	Amendment to Loan Documents

  
 (b) Modification of
Tangible Net Worth Financial Covenant in Section 5 of the Schedule to the Loan Agreement. From and after the date hereof, the portion of the Minimum Tangible Net Worth covenant set forth in Section 5 (entitled “Financial Covenants”) of
the Schedule to Loan Agreement that currently reads as follows: 
  

			
	 “Minimum Tangible
 Net Worth:
	  	Borrower shall maintain a Tangible Net Worth of not less than the following (unless reset as provided for below):
		
	 	  	For each month ending after the June 2004 Amendment Date through the month ending November 30, 2004: $34,000,000 plus 50% of the Borrower’s net income in each fiscal quarter
ending after the June 2004 Amendment Date (commencing with the fiscal quarter ending September 30, 2004). Increases in the Minimum Tangible Net Worth Covenant based on net income shall be effective on the last day of the fiscal quarter in which said
net income is realized, and shall continue effective thereafter. In no event shall the Minimum Tangible Net Worth Covenant be decreased.
		
	 	  	On or before November 30, 2004, the Minimum Tangible Net Worth Financial Covenant will be reset for each month after such date by Silicon based on Borrower’s projected financial
statements for such period, such projected financial statements to have been approved by the Borrower’s Board of Directors and accepted jointly by Borrower and by Silicon in their respective discretion, which projected financial statements
Borrower hereby covenants and agrees to deliver to Silicon no later than October 31, 2004.”
	
	 , hereby is amended and restated in its entirety to read as follows:

		
	 “Minimum Tangible
 Net Worth:
	  	Borrower shall maintain a Tangible Net Worth of not less than the following (unless reset as provided for below):
		
	 	  	For each month ending after October 31, 2004 through the month ending June 30, 2005: the TNW Base Amount (as defined below) plus 50% of the Borrower’s net income in
each fiscal quarter ending after September 30, 2004. Increases in the

  

 -2- 

			
	Silicon Valley Bank	  	Amendment to Loan Documents

  

			
	 	 	Minimum Tangible Net Worth Covenant based on net income shall be effective on the last day of the fiscal quarter in which said net income is realized, and shall continue effective thereafter.
In no event shall the Minimum Tangible Net Worth Covenant be decreased.
		
	 	 	 As used herein, the term “TNW Base Amount” means, as of any date of determination:
  
 (a) $27,300,000 for each of November 2004 and December 2004;

 
 (b) $23,000,000 for each of January 2005, February 2005, and March
2005;
  
 (c) $19,000,000 for each of April 2005, May 2005,
and June 2005; and
  
 (d) $19,000,000 for each month
thereafter; unless on or before July 31, 2005, the Minimum Tangible Net Worth Covenant shall be reset for July 2005 and each month thereafter based on Borrower’s projected financial statements for such period, such projected financial
statements to have been approved by the Borrower’s Board of Directors and accepted jointly by Borrower and by Silicon in their respective discretion, which projected financial statements Borrower hereby covenants and agrees to deliver to
Silicon no later than June 30, 2005.”

  
 3. Fee. In
consideration for Silicon entering into this Amendment, Borrower shall pay Silicon a fee in the amount of $10,000, which shall be fully-earned and due and payable concurrently with the execution and delivery of this Amendment. Such fee shall be in
addition to all interest and other fees payable to Silicon under the Loan Documents. Silicon is authorized to charge such fee to Borrower’s loan account. 
  

4. Representations True. Borrower represents and warrants to Silicon that all representations and warranties set forth in the Loan Agreement, as
amended hereby, are true and correct. 
  

 -3- 

			
	Silicon Valley Bank	  	Amendment to Loan Documents

  
 5. General
Provisions. This Amendment, the Loan Agreement, any prior written amendments to the Loan Agreement signed by Silicon and Borrower, and the other written documents and agreements between Silicon and Borrower set forth in full all of the
representations and agreements of the parties with respect to the subject matter hereof and supersede all prior discussions, representations, agreements and understandings between the parties with respect to the subject hereof. Except as herein
expressly amended, all of the terms and provisions of the Loan Agreement, and all other documents and agreements between Silicon and Borrower shall continue in full force and effect and the same are hereby ratified and confirmed. 
  
 [remainder of page intentionally left blank; signature page follows] 
  

 -4- 

			
	Silicon Valley Bank	  	Amendment to Loan Documents

  
 6.
Counterparts. This Amendment may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken
together, shall constitute but one and the same document. Delivery of an executed counterpart of this Amendment by telefacsimile shall be equally as effective as delivery of an original executed counterpart of this Amendment. 
  

							
	 Borrower:
  
 NETOPIA, INC.
	 	 Silicon:
  
 SILICON VALLEY BANK

				
	 By:
	 	 /s/ Mark H. Perry

	 	 By:
	 	 /s/ P. J. O’Donnell

	 	 	 Interim Senior Vice President and CFO
	 	 Title:
	 	 VP and Relationship Manager

				
	 By:
	 	 /s/ David A. Kadish

	 	 	 	 
	 	 	 Secretary
	 	 	 	 

  

 -5-

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