FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT

This First Amendment to Amended and Restated Loan Agreement ("Agreement") is made and entered into as of September 30, 2009, by and between WACHOVIA BANK, NATIONAL ASSOCIATION ("Lender") and TECHNOLOGY RESEARCH CORPORATION ("Borrower") and is an amendment to that certain Amended and Restated Loan Agreement dated as of December 22, 2007 (the "Agreement").

WHEREAS, Lender had extended to Borrower a revolving line of credit facility in the amount of $6,000,000.00 as evidenced by that certain Promissory Note dated as of December 27, 2007 in the stated principal amount of $6,000,000.00 (the "Original Note"); and

WHEREAS, the Original Note matures on September 30, 2009 and Borrower requested Lender to renew the Original Note; and

WHEREAS, Lender agreed to renew the Original Note provided that among other things, the availability thereunder was reduced from $6,000,000.00 to $3,000,000.00;

NOW THEREFORE, in consideration of the foregoing Lender and Borrower amend the Agreement as follows:

1.            Terms .  All of the terms defined in the Agreement shall have the same definitions in this Amendment, unless specifically stated to the contrary in this Amendment.

2.            Loan .  The term "Loan" is hereby redefined to mean the indebtedness evidenced by that certain Promissory Note dated as of even date herewith from Borrower payable to Lender in the stated principal amount of $3,000,000.00.

3.            Note .  The term "Note" is hereby redefined to mean that certain Promissory Note dated as of even date herewith from Borrower payable to Lender in the stated principal amount of $3,000,000.00.

4.            Funded Debt to EBITDA Ratio .  The following is hereby added to the Agreement as Section 4.i.: