Orbit International Corp Watch

from 8-K 8 pages Whereas, the Borrowers Have Requested and the Bank Has Agreed, Subject to the Terms and Conditions of This Amendment and Waiver, to Amend and Waive Compliance With Certain Provisions of the Credit Agreement, as Set Forth Herein; Now, Therefore, in Consideration of the Premises and of the Mutual Agreements Herein Contained, the Parties Hereto Agree as Follows: 1. Amendments. (A) the Following Definitions Are Hereby Added to Section 1.01 of the Credit Agreement in Their Appropriate Alphabetical Order: (B) the Following Definitions in Section 1.01 of the Credit Agreement Are Hereby Amended and Restated in Their Entirety to Provide as Follows

from 8-K 4 pages Whereas, the Borrowers Have Requested and the Bank Has Agreed, Subject to the Terms and Conditions of This Amendment, Amend Certain Provisions of the Credit Agreement, as Set Forth Herein; Now, Therefore, in Consideration of the Premises and of the Mutual Agreements Herein Contained, the Parties Hereto Agree as Follows: 1. Amendments. (A) the Definition of the Term “Maturity Date” in Section 1.01 of the Credit Agreement Is Hereby Amended and Restated in Its Entirety to Provide as Follows: “Maturity Date” Means July 1, 2015. (B) Subsection (7) of Section 6.05 of the Credit Agreement Is Hereby Amended and Restated in Its Entirety to Provide as Follows: “(7) Repurchases by Orbit of Its Equity Securities, in an Amount Not in Excess of $400,000, in the Aggregate, in Each Year Beginning July 1 and Ending June 30 During the Term Hereof, Unless the Bank Consents to a Greater Amount, Which Consent Shall Not Be Unreasonably Withheld or Delayed” (C) Section 4.05 of the Credit Agreement Is Hereby Amended and Restated in Its Entirety to Provide as Follows

from 8-K 3 pages Line of Credit Note

from 8-K 69 pages Credit Agreement Dated as of November 8, 2012 Among Orbit International Corp., Behlman Electronics, Inc., Tulip Development Laboratory, Inc., and Integrated Consulting Services, Inc., as Borrowers, and People’s United Bank, as Bank

from 8-K 4 pages Amendment to Credit Agreement

from 8-K 6 pages Amendment to Credit Agreement

from 10-K 4 pages Amendment to Credit Agreement

from 8-K 4 pages Second Amendment to Credit Agreement

from 10-Q 4 pages Amendment to Credit Agreement

from 10-K ~10 pages Amendment and Waiver to Credit Agreement

from 10-Q ~5 pages Amendment and Waiver to Credit Agreement

from 8-K 52 pages Credit Agreement Dated as of March 10, 2010 Among Orbit International Corp., Behlman Electronics, Inc., Tulip Development Laboratory, Inc., and Integrated Consulting Services, Inc. D/B/a Integrated Combat Systems, as Borrowers, and Capital One, N.A., as Bank

from 10-Q ~10 pages Amendment Ot Loan Documents

from 8-K ~20 pages Term Loan and Security Agreement