SEC Contract Filing

Filing Date: 2019-08-19

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>exh102sixthforbearancesvb.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<div><a name="s570F75338447B71FA15CA28CA0573854"></a></div><div><div style="line-height:130%;padding-bottom:10px;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">FORBEARANCE AND SIXTH AMENDMENT TO </font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:130%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">This Forbearance and Sixth Amendment to Amended and Restated Loan and Security Agreement (this</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#32;</font><font style="font-family:inherit;font-size:12pt;">&#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;) is entered into this 13th day of June, 2019 by and among (a) </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">SILICON VALLEY BANK</font><font style="font-family:inherit;font-size:12pt;">, a California corporation (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Bank</font><font style="font-family:inherit;font-size:12pt;">&#8221;), and (b) (i) </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">CANCER GENETICS, INC.</font><font style="font-family:inherit;font-size:12pt;">, a Delaware corporation (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Parent</font><font style="font-family:inherit;font-size:12pt;">&#8221;), (ii) </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">GENTRIS, LLC</font><font style="font-family:inherit;font-size:12pt;">, a Delaware limited liability company (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Delaware Subsidiary</font><font style="font-family:inherit;font-size:12pt;">&#8221;), (iii) </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">VIVOPHARM, LLC</font><font style="font-family:inherit;font-size:12pt;">, a Delaware limited liability company (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Vivo</font><font style="font-family:inherit;font-size:12pt;">&#8221;), and (iv) </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">RDDT A VIVOPHARM COMPANY PTY LTD</font><font style="font-family:inherit;font-size:12pt;">, a company incorporated under the laws of Australia (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Australian Borrower</font><font style="font-family:inherit;font-size:12pt;">&#8221;, and together with Parent, Delaware Subsidiary, and Vivo, jointly and severally, individually and collectively, &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Borrower</font><font style="font-family:inherit;font-size:12pt;">&#8221;).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">RECITALS</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">A.</font><font style="font-family:inherit;font-size:12pt;">&#160;&#160;&#160;&#160;Bank and Borrower have entered into that certain Amended and Restated Loan and Security Agreement dated as of March 22, 2017, as amended by that certain Waiver and First Amendment to Amended and Restated Loan and Security Agreement dated as of May 14, 2018, between Borrower and Bank, as further amended by that certain Joinder and Second Amendment to Amended and Restated Loan and Security Agreement dated as of June 21, 2018, between Borrower and Bank (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Second Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;), as further amended by that certain Waiver and Third Amendment to Amended and Restated Loan and Security Agreement dated as of August 20, 2018 between Borrower and Bank, as further amended by that certain Waiver and Fourth Amendment to Amended and Restated Loan and Security Agreement dated as of November 19, 2018 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Fourth Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;) between Borrower and Bank, and as further amended by that certain Waiver and Fifth Amendment to Amended and Restated Loan and Security Agreement dated as of January 16, 2019 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Fifth Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;) (as the same may from time to time be further amended, modified, supplemented or restated, the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Loan Agreement</font><font style="font-family:inherit;font-size:12pt;">&#8221;). </font></div><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:justify;tex