Exhibit 10.1
Silicon Valley
Bank
Extension
Agreement
Borrower: eGain Communications
Corporation
Date: January 27,
2006
This Extension
Agreement is entered into
between Silicon Valley Bank (“Silicon”) and the
borrower named above (“Borrower”).
The Parties agree to amend the Loan
and Security Agreement between them, dated October 29, 2004
(as otherwise amended, if at all, the “Loan
Agreement”), as follows, effective as of the date hereof.
(Capitalized terms used but not defined in this Amendment, shall
have the meanings set forth in the Loan Agreement.)
1. Extension—Revolving
Line. The words
“January 27, 2006”, set forth in Section 4 of the
Schedule are hereby amended to read “July 28,
2006”.
2. Extension—Equipment Draw
Period. The sentence in
Section 2.1.6(a) of the Loan Agreement, which presently reads
as follows:
“Through January 27, 2006
(the “Equipment Availability End Date”), Bank will make
advances (“Equipment Advance” and, collectively,
“Equipment Advances”) not exceeding $250,000, plus the
unpaid principal balance of the Equipment Advances outstanding at
October 20, 2005.”
is amended to read as
follows:
“Through July 28, 2006
(the “Equipment Availability End Date”), Bank will make
advances (“Equipment Advance” and, collectively,
“Equipment Advances”) not exceeding $124,165, plus the
unpaid prin
