EXHIBIT 10.5b
AMENDMENT NO. 1 TO
PATENT, TRADEMARK
AND LICENSE AGREEMENT
THIS AMENDMENT, made as of the ______ day of October, 2001, by HEI, Inc., a
Minnesota corporation (the "Mortgagor"), in favor of LASALLE BUSINESS CREDIT,
INC. (the "Mortgagee").
W I T N E S S E T H :
WHEREAS, the Mortgagor and the Mortgagee executed and delivered that certain
Patent, Trademark and License Mortgage dated as of July 31, 2000 (the
"Mortgage"), in connection with loans and other financial accommodations made by
Mortgagee to or for the benefit of the Mortgagor pursuant to that certain Loan
and Security Agreement dated July 31, 2000 by and between the Mortgagor and the
Mortgagee, as amended (the "Loan Agreement"); and
WHEREAS, subsequent to the execution and delivery of the Mortgage, the Mortgagor
has obtained Patent No. US 6,294,966 B1, dated September 25, 2001, on an
Interconnection Device (the "New Patent");
WHEREAS, in connection with the execution and delivery of that certain Third
Amendment to Loan and Security Agreement of even date herewith, the Mortgagor
and Mortgagee desire to amend the Mortgage to expressly include the New Patent.
NOW, THEREFORE, in consideration of the foregoing premises and the mutual
covenants herein contained and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:
1. Amendment of Mortgage: The Mortgage is hereby amended by replacing
Exhibit A thereto with Exhibit A attached hereto.
2. No Other Changes: Except as expressly amended hereby, the Mortgage shall
remain in full force and effect in accordance with its original terms.
IN WITNESS WHEREOF, the parties hereto have executed and delivered this
Amendment as of the day and year first above written.
MORTGAGOR:
HEI, INC.
By: ____________________________________
Its: ____________________________________
MORTGAGEE:
LASALLE BUSINESS CREDIT, INC.
By: ____________________________________
Its: ____________________________________
THIS INSTRUMENT PREPARED BY AND
AFTER FILING RETURN TO:
James W. Dierking, Esq.
Winthrop & Weinstine, P.A.
3000 Dain Rauscher Plaza
60 South Sixth Street
Minneapolis, MN 55402-4430
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EXHIBIT A
PATENTS
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APPLICANT SERIAL NO. ISSUED DESCRIPTION
- ----------------------- ------------------ ---------------- ----------------------------------------------------------
HEI, Inc. 5,847,930 Edge Terminals for Electronic Circuit Modules
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HEI, Inc. 6,014,320 1/11/00 High Density Stacked Circuit Module
- ----------------------- ------------------ ---------------- ----------------------------------------------------------
HEI, Inc. 5,936,847 Low Profile Electronic Circuit Modules
- ----------------------- ------------------ ---------------- ----------------------------------------------------------
HEI, Inc. 08/642,114 Low Profile Electronic Circuit
- ----------------------- ------------------ ---------------- ----------------------------------------------------------
HEI, Inc. 6,294,966 B1 9/25/01 Interconnection Device
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APPLICATIONS PENDING
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APPLICANT APPLICATION NO. DESCRIPTION
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- ----------------------- ------------------------- --------------------------------------------------------------------
HEI, Inc. Pending High Density Circuit Modules using one or more folded flex circuits
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ACKNOWLEDGMENT
STATE OF MINNESOTA )
) SS.
COUNTY OF HENNEPIN )
The foregoing Amendment No. 1 to Patent, Trademark and License Mortgage was
executed and acknowledged before me this ___ day of October, 2001, by Steve E.
Tondera, personally known to me to be the CFO of HEI, INC., a Minnesota
corporation, on behalf of such corporation.
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Notary Public
_____________ County, ________
My Commission expires:
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ACKNOWLEDGMENT
STATE OF )
----------------------------
) SS
COUNTY OF )
---------------------------
I, ____________________________, a Notary Public in and for and residing in
said County and State, do hereby certify that Dale Grzenia, the Vice President
of LaSalle Business Credit, Inc., personally known to me to be the same person
whose name is subscribed to the foregoing instrument, appeared before me this
day in person and acknowledged that he signed and delivered said instrument as
his own free and voluntary act and as the free and voluntary act of said bank
for the uses and purposes therein set forth.
GIVEN under my hand and notarial seal this _______ day of October, 2001.
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Notary Public
My Commission Expires:
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