Document:

Loan Modification Agreement

  
 Exhibit 10.49 
 LOAN MODIFICATION AGREEMENT 
  
 This Loan Modification Agreement is entered into as of November 8, 2002, by
and between Deltagen, Inc. (the “Borrower”) and Silicon Valley Bank (“Bank”). 
  
 1.
    DESCRIPTION OF EXISTING OBLIGATIONS: Among other Obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to, among other documents, a Loan and Security Agreement, dated June 27, 2002,
as amended or modified from time to time, (the “Loan Agreement”). The Loan Agreement provides for, among other things, a Term Loan in the original principal amount of Twenty Million Dollars ($20,000,000). Defined terms used but not
otherwise defined herein shall have the same meanings as set forth in the Loan Agreement. 
  
 Hereinafter, all indebtedness owing by
Borrower to Bank shall be referred to as the “Obligations.” 
  
 2.     DESCRIPTION OF COLLATERAL.
Repayment of the Obligations is secured by the Collateral as described in the Loan Agreement. 
  
 Hereinafter, the above-described security
documents and guaranties, together with all other documents securing repayment of the Obligations shall be referred to as the “Security Documents”. Hereinafter, the Security Documents, together with all other documents evidencing or
securing the Obligations shall be referred to as the “Existing Loan Documents”. 
  
 3.
    DESCRIPTION OF CHANGE IN TERMS. 
  
 A.    Modification(s) to Loan Agreement. 
  

	 	1.
	 
	On October 31, 2002, Borrower established time deposit account #8800058076 with Bank in the amount of $10,500,000 (the “TDA”), to secure the
outstanding Obligations under the Term Loan. Borrower has requested that Bank convert the TDA held with Bank into investment property invested through SVB Securities, A Division of Alliant Partners (“SVBS”) (the “Conversion”).
Bank has agreed to the Conversion, provided Borrower herein reaffirms that the cash in the form of the TDA shall continue to secure the outstanding Obligations under the Term Loan in the form of investment property invested through SVBS.

 

  

	 	2.
	 
	As provided under Section 6.7 entitled “Financial Covenants”, sub-section (a), Section 2.3 entitled “Interest Rate, Payments” is amended in
part to provide that effective as of the date herein, and at any time that the outstanding principal balance of the Term Loan Advances are secured by investments with SVBS or TDA, interest shall accrue at a per annum rate equal to the Prime Rate.

 

  

	 	3.
	 
	The defined term “Collateral” as described on Exhibit “A” of the Loan Agreement is hereby amended in part to incorporate the following:

 

  

	 	    
	 
	All securities, investment property, cash or other assets held, maintained or managed in Pledgor’s account entitled Silicon Valley Bank as Secured Party
for Deltagen, Inc. (ADP#88600514) maintained in connection with an SVB Securities Client Agreement or similar agreement entered between Pledgor and SVB Securities, A Division of Alliant Partners, together with all Pledgor’s books relating to
any of the foregoing and any and all claims, rights and interests in any of the above and all substitutions for, additions and accessions to and products and proceeds thereof in whatever form including deposit accounts, accounts (including rights of
payment), general intangibles, cash, instruments, documents and financial assets all in connection with the foregoing. 
 

 

  
 4.    CONSISTENT CHANGES.  The Existing Loan
Documents are hereby amended wherever necessary to reflect the changes described above. 
  
 5.    NO DEFENSES OF BORROWER.  Borrower (and each guarantor and pledgor signing below) agrees that, as of the date hereof, it has no defenses against paying any of the Obligations. 

 
 6.    CONTINUING VALIDITY.  Borrower (and each guarantor and pledgor signing below)
understands and agrees that in modifying the existing Indebtedness, 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 and endorsers
of Existing Loan Documents, unless the party is expressly released by Bank in writing. Unless expressly released herein, no maker, endorser, or guarantor will be released by virtue of this Loan Modification Agreement. The terms of this paragraph
apply not only to this Loan Modification Agreement, but also to all subsequent loan modification agreements. 
  
 This
Loan Modification Agreement is executed as of the date first written above. 
  
 
	 BORROWER:
  
 DELTAGEN, INC.
 	 	  	 	 BANK:
  
 SILICON VALLEY BANK
 
	 
	 By: /s/ Richard H. Hawkins            
 	 	  	 	 By: /s/ Mercy Forde                    
  
 
	 Name:    Richard H.
Hawkins          
 	 	  	 	 Name:    Mercy
Forde                    
 
	 Title:     Chief Financial
Officer      
 	 	  	 	 Title:    Vice
PresidentSeverance Agreement between the Registrant and Susanne O. Hereford

  
 Exhibit 10.91 
  
 TERMINATION AGREEMENT AND 
 GENERAL RELEASE OF ALL CLAIMS 

 
  
 The intent of this Agreement and Release is to amicably and finally resolve and
compromise all potential issues and claims surrounding the employment of Sussie Hereford (“the employee”) by Aspect Communications (“Aspect”) and the termination of that employment. 
  
 1.    Definition of Parties:  References in this Agreement to Aspect shall
include any and all parent, subsidiary and affiliated corporations and business entities and all shareholders, officers, directors, agents, managers, employees, representatives, attorneys, and successors and assigns of those corporations and
entities. References to Ms. Hereford shall include all of her representatives, attorneys, heirs, and successors and assigns. 
  
 2.    Aspect’s Consideration For Agreement:  In exchange for the promises of Ms. Hereford described below, Aspect agrees to provide the employee with the following
benefits. These benefits are in addition to any payments or benefits, which the employee is otherwise eligible to receive as a result of the termination of her employment. 
  
 a)  Ms. Hereford’s last day of active employment for Aspect was October 14, 2002. For the period from October 15, 2002 through January 3,
2003, the employee shall remain employed on inactive status with her currently existing compensation and benefits in the capacity of Executive Advisor to Gary Wetsel in accordance with Paragraph 5 of this Agreement. The employees status as an
inactive employee and advisor to Mr. Wetsel shall terminate earlier than January 3, 2003 (the “Termination Date”) in the event that she becomes employed by another employer. In the capacity of Executive Advisor, the employee will take
direction specifically from Mr. Wetsel and not be expected to provide counsel or support to any other Aspect employee without prior approval from Mr. Wetsel. The employee shall continue to vest vacation benefits and Aspect stock options through her
Termination Date. 
  
 b)  Within ten days of the employee’s Termination Date, Aspect
shall pay to her an additional lump sum severance payment of $49,846.15, equal to 12 weeks of her currently existing salary, less all normal payroll deductions. 
  
 c)  Within ten days of the execution of this Agreement, Aspect will pay the employee the additional sum of $10,000 to reimburse her for the cost
of outplacement services. 
  
 d)  Aspect will pay the cost of continuing the
employee’s currently existing health benefits through COBRA for three months after her Termination Date, or until she obtains other full time employment, whichever comes first. After Aspect ceases making COBRA payments, the employee shall be
entitled to continue insurance coverage at her own expense for the remainder of the COBRA period. 

  
 3.    Payout of Accrued
Vacation:  Aspect shall pay the employees accrued and unused vacation benefits at her Termination Date. 
  
 4.    Ms. Hereford’s Resignation as Corporate Secretary:  The employee agrees to provide Aspect’s Board of Directors with a written resignation from her position as
Corporate Secretary. 
  
 5.    Cooperation in Transitional
Matters:  The employee shall make herself available to Aspect during the period that she is an inactive employee to answer questions, provide information, and otherwise cooperate with Aspect in any pending or transitional
matters about which she may have knowledge, including any investigations, audits, legal proceedings or other business matters. 
  
 6.    Ms. Hereford’s Waiver of All Legal Claims:  In consideration for the payments and promises described above, the employee does hereby completely release and forever
discharge Aspect from all claims, rights, obligations, and causes of action of any and every kind and character, known or unknown, which the employee may now have, or has ever had, arising from or in any way connected with the employment
relationship between the parties, any actions during that relationship, or the termination of that relationship. 
  
 This release includes but is not limited to: a) all “wrongful discharge” or “wrongful termination” claims; b) all claims relating to any contracts of employment, express or implied; c) all claims for breach of any
covenant of good faith and fair dealing, express or implied; d) all claims for any tort of any nature; e) all claims for attorney’s fees and costs; and f) all claims under any federal, state, or municipal statute, ordinance, regulation or
constitution, including specifically any claims under the California Fair Employment and Housing Act, the California Labor Code, Title VII of the Civil Rights Act of 1964, the Americans With Disabilities Act, the Employee Retirement Income Security
Act and any other laws or regulations relating to employment or employment discrimination. 
  
 7.    Confidentiality Provision:  The employee agrees that the terms and conditions of this Agreement are strictly confidential and shall not be disclosed to any other
person except her immediate family, her legal counsel, taxing authorities in connection with her filing of federal or state tax returns, or as otherwise required by legal process or applicable law. If the employee makes authorized disclosure of this
Agreement to such third parties she shall do whatever possible to prevent further dissemination or disclosure of that information by those persons. 

 
 2 

  
 8.    Ms. Hereford’s Acknowledgment of
California Civil Code § 1542:  The employee states that she has read Section 1542 of the Civil Code of the State of California, which provides as follows: 
  
 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM
MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR. 
  
 Ms. Hereford understands that Section 1542 gives her the right not to
release existing claims of which she is not now aware, unless she voluntarily chooses to waive this right. Having been so apprised, the employee nevertheless hereby voluntarily elects to, and does, waive the rights described in Section 1542, and
elects to assume all risks for claims that now exist in her favor, known or unknown, from the subject of this Agreement. 
  
 9.    Non-Admission Clause:  Nothing in this Agreement shall be construed as an admission by Aspect of any wrongdoing by the Company or any liability arising from the subjects
covered in this Agreement. 
  
 10.    Representations Regarding
Age:  The employee represents that she is less than 40 years of age as of the date that she executes this Agreement. 
  
 11.    Non Disparagement:  The parties mutually agree that they shall refrain from disparagement of the other party. If Aspect is requested to
provide a job reference or other information regarding the employee’s employment the Company shall do so in accordance with its normal procedures. 
  
 12.    Return of Property:  To the extent she has not already done so, the employee shall immediately return to Aspect all Aspect property,
including all keys, credit cards, files, documents, business records, customer records, computer discs and other Aspect property and assets that may be in her possession or control. 

 
 3 

  
 13.    Entire
Agreement:  This Agreement constitutes the entire understanding of the parties on the subjects covered. The employee expressly warrants that: a) she has read and fully understands this Agreement; b) she has had the
opportunity to consult with legal counsel of her own choosing and to have the terms of the Agreement fully explained to her; c) she is not executing this Agreement in reliance on any promises, representations or inducements other than those
contained in this document; and d) she is executing this Agreement voluntarily, free of any duress or coercion. 
  
 
	 
	 Dated:
 	 	             10/16/02                        
             
 
	 	      
 	 	 /s/    JOHN
VIERA                                      
                               
 

	  	 	  	 	  	 	 John Viera,
 Senior Vice President, Human Resources

For Aspect Communications
 
	 
	 Dated:
 	 	             10/16/02
 
	 	  	 	 /s/     SUSSIE HEREFORD
 

	  	 	  	 	  	 	 Sussie Hereford
 

 

 
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