Modification Addendum to the Business Manager Agreement between Triton Datacom and Vast Bank, N.A., executed December 20, 2022
Contract Categories:
Business Finance
- Modification Agreements
EX-10.35 3 ex-1035tritondatacommodifi.htm EX-10.35 Document
MODIFICATION ADDENDUM TO THE BUSINESSMANAGER® AGREEMENT
WITH BUSINESSES AND PROFESSIONALS
By mutual agreement of the parties, the BusinessManager Agreement with Businesses and Professionals entered into as of the 17th day of March, 2022, by and between Vast Bank N.A. (the “Financial Institution”) and Triton Datacom (the “Business”) shall hereby be modified as follows:
The first sentence of Section 1.21 Service Charge shall be replaced with the following:
“Service Charge” means a discount to the Face Amount of a Purchased Account equal to One and 3/4 percent (1.75%).
“Maturity Date” means the date the Business Manager Line matures with the Financial Institution, which is currently 03/17/2023 and at that time will be renewed with a new maturity date of 12/17/2023.
This Modification Addendum shall be effective as of the 17th day of March, 2023.
All other terms and provisions of the BusinessManager Agreement with Businesses and Professionals shall remain in full force and effect.
Financial Institution Business
/s/ Lauren Smith /s/ Joseph E. Hart
__________________________________ ____________________________________
Name: Lauren Smith Name: Joseph E Hart
Senior Vice President_________________ President_____________________________
Title Title
December 20, 2022 December 20, 2022
__________________________________ ____________________________________
Date Date
