First Amendment to Unsecured Revolving Line of Credit Loan Agreement between Andrx Corporation and Cybear, Inc.

Summary

This amendment updates the original Unsecured Revolving Line of Credit Loan Agreement between Andrx Corporation (lender) and Cybear, Inc. (borrower), dated March 8, 2001. The main change is that no single advance under the credit line can exceed $2,000,000. All other terms of the original agreement remain unchanged.

EX-10.65 3 g76336ex10-65.txt 1ST. AMEND. TO UNSECURED REVOLVING LINE OF CREDIT Exhibit 10.65 FIRST AMENDMENT TO UNSECURED REVOLVING LINE OF CREDIT LOAN AGREEMENT This First Amendment to Unsecured Revolving Line of Credit Loan Agreement ("Amendment") dated as of the 16th day of April, 2002 entered into between Andrx Corporation, a Delaware corporation ("Lender") and Cybear, Inc., a Delaware corporation ("Borrower"), amends that certain Unsecured Revolving Line of Credit Loan Agreement ("Agreement") made as of the 8th day of March, 2001 entered into between Lender and Borrower. Words and phrases with initial capital case letters used herein and not otherwise defined shall have the respective meanings ascribed to them in the Agreement. 1. Section 2.1.7. is hereby deleted and replaced with the following: "2.1.7. MINIMUM/MAXIMUM ADVANCE AMOUNT. No single Advance shall be for an amount greater than two million ($2,000,000) dollars." Except as specifically modified by this Amendment, the terms and provisions of the Agreement shall remain in full force and effect. IN WITNESS WHEREOF, Borrower and Lender have executed this Amendment as of the day and year first above written. LENDER: ANDRX CORPORATION, a Delaware corporation By: /s/ Angelo C. Malahias ------------------------------------- Name: Angelo C. Malahias ---------------------------------- Title: Vice President & Chief Financial Officer ---------------------------------- BORROWER: CYBEAR, INC., a Delaware corporation By: /s/ Eric Moskow ------------------------------------- Name: Eric Moskow ----------------------------------- Title: President ----------------------------------