SEC Contract Filing

Filing Date: 2016-07-15

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>5
<FILENAME>tdoc-20160711ex1029290b2.htm
<DESCRIPTION>EX-10.2
<TEXT>
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 <font style="display:inline;font-size:12pt;">Exhibit 10.2</font>

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 <a name="_GoBack"></a><font style="display:inline;">AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT</font><br /><font style="display:inline;"></font><br /><font style="display:inline;">(SENIOR)</font>
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 <font style="display:inline;font-weight:bold;">THIS AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT</font><font style="display:inline;"> (this &#x201C;</font><font style="display:inline;font-weight:bold;">Agreement</font><font style="display:inline;">&#x201D;) dated as of May 2, 2014 (the &#x201C;</font><font style="display:inline;font-weight:bold;">Effective Date</font><font style="display:inline;">&#x201D;) by and between </font><font style="display:inline;font-weight:bold;">SILICON VALLEY BANK</font><font style="display:inline;">, a California corporation with a loan production office located at 275 Grove Street, Suite 2-200, Newton, Massachusetts 02466 (&#x201C;</font><font style="display:inline;font-weight:bold;">Bank</font><font style="display:inline;">&#x201D;), and </font><font style="display:inline;font-weight:bold;">TELADOC, INC.</font><font style="display:inline;">, a Delaware corporation (&#x201C;</font><font style="display:inline;font-weight:bold;">Borrower</font><font style="display:inline;">&#x201D;), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank.&nbsp;&nbsp;The parties agree as follows:</font>
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 <font style="margin:0pt 0pt 12pt;font-family:Times New Roman Bold;font-weight:bold;font-style:normal;text-transform:uppercase;text-decoration:none;color:#000000;font-size:10pt;text-decoration:none;text-align:justify;text-justify:inter-ideograph;;"> 1.</font>
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 <font style="display:inline;color:#000000;">ACCOUNTING AND OTHER TERMS</font></p></td></tr></table></div>
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 <font style="display:inline;">Accounting terms not defined in this Agreement shall be construed following GAAP.&nbsp;&nbsp;Calculations and determinations must be made following GAAP.&nbsp;&nbsp;Notwithstanding the foregoing, all financial covenant calculations shall be computed with respect to the Borrower only, and not on a consolidated basis.&nbsp;&nbsp;Capitalized terms not otherwise defined in this Agreement shall have the meanings set forth in Section 13.&nbsp;&nbsp;All other terms contained in this Agreement, unless otherwise indicated, shall have the meaning provided by the Code to the extent such terms are defined therein.</font>
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 <font style="margin:0pt 0pt 12pt;font-family:Times New Roman Bold;font-weight:bold;font-style:normal;text-transform:uppercase;text-decoration:none;color:#000000;font-size:10pt;text-decoration:none;text-align:justify;text-justify:inter-ideograph;;"> 2.</font>
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 <font style="display:inline;color:#000000;">LOAN AND TERMS OF PAYMENT</font></p></td></tr></table></div>
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 <font style="margin:0pt 0pt 12pt;font-family:Times New Roman Bold;font-weight:bold;font-style:normal;text-transform:none;text-decoration:none;color:#000000;font-size:10pt;text-decoration:none;text-align:justify;text-justify:inter-ideograph;;;padding:0pt 22pt 0pt 0pt;"> 2.1</font>
 <font style="display:inline;font-weight:bold;color:#000000;">Promise to Pay</font><font style="disp