EXHIBIT 10.25 Aircraft Lease AgreementAircraft Lease Agreement |
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<PAGE>
EXHIBIT 10.25
(GE LOGO) GE CAPITAL
COMMERCIAL EQUIPMENT FINANCING
LEAH A. SMITH 2400 E. Katella Avenue
Senior Risk Analyst Suite 800
Anaheim, CA 92806
714-456-9449 / Fax: 714-456-9473
Internet: leah.smith@ge.com
December 31, 2003
Mr. Arthur T. Taylor
Chief Financial Officer
Terayon Communication Systems, Inc.
4988 Great America Parkway
Santa Clara, CA 95054
RE: Aircraft Lease Agreement between General Electric Capital Corporation
("Lessor") and Terayon Communication Systems, Inc. ("Lessee") dated
February 8, 2002 (the "Lease")
Dear Mr. Taylor:
Annex B to the Lease is hereby amended as follows:
<Table>
<S> <C> <C>
B. 1. Advance Rent (if any): (a) Amount: $179,225.93
(b) Due Date: January 1, 2004 (Previously paid as part of
invoice # 10024489 dated
November 5, 2003. No payment
due January 1, 2004.)
B. 15. Basic Term Lease Rate Factor:
Factor Rental No.
1.846198% 9-19
B. 16. Base Index Rate: 1.03%
</Table>
<PAGE>
Exhibit I to Annex B to the Lease is hereby amended as follows:
<Table>
<Caption>
Floating
Rate
Payment Adjustment
Number Factor
------- ----------
<S> <C>
9 8.7572
10 7.9280
11 7.3276
12 6.7255
13 6.2298
14 5.7431
15 5.2873
16 4.8299
17 4.4012
18 3.8913
19 3.4165
20 2.0594
</Table>
Annex F to the Lease is hereby amended as follows:
<Table>
<Caption>
# of
Base Termination
Payments Value
-------- -----------
<S> <C>
9 97.449
10 96.391
11 95.142






