Loan Extension Agreement between Imperial Bank and Trega Biosciences, Inc. (August 18, 2000)

Contract Categories: Business Finance Loan Agreements
Summary

Imperial Bank and Trega Biosciences, Inc. have agreed to extend the maturity date of an existing loan (Loan Number 00738000063-3) to October 20, 2000. All other terms and conditions of the original loan agreement, dated August 6, 1999, remain unchanged and in effect. The extension is acknowledged and accepted by Trega Biosciences' President/CEO and V.P. Finance/CFO.

EX-10.2 3 a2030825zex-10_2.txt EXHIBIT 10.2 Exhibit 10.2 Date: August 18, 2000 Mr. Michael Grey, President/CEO Mr. Gerard A. Wills, V.P. Finance/CFO TREGA BIOSCIENCES, INC. 9880 Campus Point Drive San Diego, CA 92121 Re: LOAN EXTENSION Borrower Name: 9880 Loan Number/Note Number: 00738000063-3 Note Number: 0003 Dear Borrower: Imperial Bank has approved an extension of the above-referenced credit facility to October 20, 2000 from its current maturity as evidenced by that certain note/agreement dated August 6, 1999 as may be or have been modified from time to time. Except as modified and extended hereby, the existing loan documentation as amended concerning your obligation remains in full force and effect. Very truly yours, Christopher J. Woolley, SVP/Reg.Mgr. Emerging Growth Division ACKNOWLEDGED AND ACCEPTED ON . ---------------------- By: --------------------------- Michael Grey, President/CEO By: --------------------------- Gerard A. Wills, V.P. Finance/CFO