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FIRST AMENDMENT TO DEPOSIT ACCOUNT CONTROL AGREEMENT

Account Control Agreement

FIRST AMENDMENT TO DEPOSIT ACCOUNT CONTROL AGREEMENT | Document Parties: EPICEPT CORPORATION | HERCULES TECHNOLOGY GROWTH CAPITAL, INC | WACHOVIA BANK, NATIONAL ASSOCIATION You are currently viewing:
This Account Control Agreement involves

EPICEPT CORPORATION | HERCULES TECHNOLOGY GROWTH CAPITAL, INC | WACHOVIA BANK, NATIONAL ASSOCIATION

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Title: FIRST AMENDMENT TO DEPOSIT ACCOUNT CONTROL AGREEMENT
Date: 5/9/2008
Industry: Biotechnology and Drugs     Sector: Healthcare

FIRST AMENDMENT TO DEPOSIT ACCOUNT CONTROL AGREEMENT, Parties: epicept corporation , hercules technology growth capital  inc , wachovia bank  national association
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Exhibit 10.3

 

FIRST AMENDMENT

TO

DEPOSIT ACCOUNT CONTROL AGREEMENT

 

THIS FIRST AMENDMENT TO DEPOSIT ACCOUNT CONTROL AGREEMENT (this “Amendment”) is entered into as of May 5, 2008, by and among WACHOVIA BANK, NATIONAL ASSOCIATION as depository bank (the “Bank”), the Bank’s depositor customer, EPICEPT CORPORATION, a Delaware corporation (the “Company”), and HERCULES TECHNOLOGY GROWTH CAPITAL, INC., a Maryland corporation (the “Secured Party”).

 

RECITALS

 

A.         Bank, Company and Secured Party are parties to that certain Deposit Account Control Agreement dated as of August 30, 2006 (the “Agreement”). Unless otherwise defined herein, capitalized terms in this Amendment shall have the meanings assigned in the Agreement.

 

 

B .

The parties desire to amend the Agreement in accordance with the terms of this Amendment.

 

NOW, THEREFORE , the parties agree as follows:


 
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