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EXHIBIT 10.1
GOLD BANK
MODIFICATION AGREEMENT
EPIQ SYSTEMS, INC.
501 KANSAS AVE.
KANSAS CITY, KS 66105
Loan Number 1001008337
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On JUNE 20, 2001, the undersigned Borrower ("Borrower") executed a Promissory
Note ("Note") Assumption Agreement in favor of GOLD BANK, 11301 NALL, LEAWOOD,
KS 66211 ("Bank")
The Note is in the principal amount of $3,500,000.00, bearing interest at THE
GOLD BANK PRIME RATE to be retired in 12 MONTHLY PAYMENTS OF INTEREST ONLY AND
AT MATURITY OF PRINCIPAL AND ACCRUED INTEREST DUE ON JUNE 20, 2002. Bank remains
the holder and owner of the Note and has agreed with Borrower to modify certain
provisions of the Note. Therefore, in connection with the provisions contained
in this instrument and the exchange of other good and valuable consideration the
receipt and sufficiency of which are acknowledged, Bank and Borrower agree to
amend the Note as follows:
_____ The face amount of the Note is changed from $__________ to $__________
_____ The payment schedule is amended as follows: ____________________
_____ The maturity date is changed to: ____________________
_____ The first payment date is changed to ____________________
X The interest rate is amended to: GOLD BANK PRIME RATE -1/2% ADJ DAILY
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The amendment and modifications described above are carried forward and apply to
any and all other documents which refer to or are in any way related to the
Note. All other terms, conditions and covenants in the Note, not otherwise
modified by this instrument, shall be and remain the same, and this Agreement,
when executed by Bank and Borrower shall be attached to and become a part of the
original Note.
The date on which the above modifications become effective is JUNE 20, 2001 .
EXECUTED this day of JULY , 2001 .
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GOLD BANK EPIQ Systems, Inc. "Borrower":
BY: /s/ TOM W. OLOFSON
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Kent P. Brown, Exec. Vice President BY: Tom W. Olofson, CEO
MORE THAN MONEY
11301 Nall Avenue o P.O. Box 7368 o Leawood, Kansas 66207-0368
o 913-663-3228 o Fax 913-663-3055 o www.goldbankonline.com
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