Amendment to the Business Loan Agreement, dated September 19, 2023, by and between NKGen Biotech, Inc. and East West Bank

Contract Categories: Business Finance - Loan Agreements
EX-10.13(2) 11 tm2327139d1_ex10d13-2.htm EXHIBIT 10.13.2

 

Exhibit 10.13.2

 

CERTAIN INFORMATION CONTAINED IN THIS EXHIBIT, MARKED BY [***], HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE THE REGISTRANT HAS DETERMINED THAT IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.

 

MODIFICATION TO THE LOAN AGREEMENT

 

       
Borrower: NKGEN BIOTECH, INC. Lender: East West Bank
  3001 DAIMLER ST   Loan Servicing Department
  SANTA ANA, CA 92705   9300 Flair Drive, 6th Floor
      El Monte, CA 91731
       

 

This MODIFICATION TO THE LOAN AGREEMENT is attached to and by this reference is made a part of the Business Loan Agreement (Loan #[***]) dated June 20, 2023, including all modifications thereto, and executed in connection with a loan or other financial accommodations between Lender and Borrower.

 

The section entitled “Minimum Deposit” is hereby amended and restated as follows:

 

Minimum Deposit. Borrower shall maintain a minimum deposit with Lender of at least $15,000,000.00 by December 31, 2023 and at all times thereafter.

 

THIS MODIFICATION TO THE LOAN AGREEMENT IS EXECUTED AS OF SEPTEMBER 19, 2023.

 

BORROWER:  
   
NKGEN BIOTECH, INC.  
   
By: /s/ Pierre Gagnon  
  PIERRE GAGNON, Chief Operating Officer of NKGEN BIOTECH, INC.  
   
LENDER:  
   
EAST WEST BANK  
   
X /s/ Authorized Signer  
  Authorized Signer  

 

LaserPro, Ver. 22.2.10.018 Copr. Finastra USA Corporation 1997, 2023. All Rights Reserved. - CA E:\PROD\LOANDOC\CFI\LPL\G6O.FC
TR-37498 PR-7