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

Contract Categories: Business Finance Loan Agreements
Summary

Imperial Bank has agreed to extend the maturity date of a loan to Trega Biosciences, Inc. from its original date to September 5, 2000. All other terms and conditions of the existing loan agreement remain unchanged and in effect. The extension is formalized through this letter, which requires acknowledgment and acceptance by Trega Biosciences, Inc.

EX-10.2 3 ex-10_2.txt EX-10.2 Exhibit 10.2 July 14, 2000 Trega Biosciences, Inc. Attn: Gerard A. Wills 9880 Campus Point Drive San Diego, CA 92121 Re: LOAN EXTENSION Borrower Name: Trega Biosciences, Inc. Loan Number: 07380-00063 Note Number: 0003 Dear Mr. Wills, Imperial Bank has approved an extension of the above-referenced credit facility to September 5, 2000 from its current maturity as evidenced by that certain note dated August 6, 1999. Except as modified and extended hereby, the existing loan documentation as amended concerning your obligation remains in full force and effect. Very truly yours, IMPERIAL BANK Anna Maria Frost-Jensen Senior Vice President Emerging Growth Division ACKNOWLEDGED AND ACCEPTED ON ______________________, 2000. By: __________________________ Its: __________________________ By: __________________________ Its: __________________________