Versant Corp Watch

from 10-Q 6 pages Default Waiver and First Amendment to Loan and Security Agreement

from 10KSB 22 pages Silicon Valley Bank Loan and Security Agreement

from 10-Q 13 pages Loan and Security Agreement

from 10-Q 10 pages Business Loan Agreement

from 10-Q ~20 pages Business Loan Agreement

from 10-Q 1 page Comerica Bank-California High Technology Banking Group 55 Almaden Boulevard, 2nd Floor San Jose, Ca 95113 May 11, 2001 Lee McGrath Chief Financial Officer Versant Corporation 6539 Dumbarton Circle Fremont, Ca 94555 Re: Revolving Loan and Security Agreement Dated as of May 15, 1997, as Modified From Time to Time in Writing (The "Agreement"), Between Versant Corporation ("Borrower") and Comerica Bank — California ("Bank"). Dear Lee, We Have Learned of the Following Breach of the Agreement for the Quarter-Ending March 31, 2001 Based Upon Telephone Communications With Borrower and Subsequent Company Prepared Financial Statements. Section 6.17 (F) Net Cash Provided by Operating Activities, as Defined in Fasb 95 and 102, Equal to or Greater Than $1,000,000 Per Quarter for the Quarter Ending March 31, 2001. Section 6.17 (G) Net Income After Taxes of at Least One Dollar Per Quarter for the Quarter Ending March 31, 2001

from 10-K 1 page Lee McGrath Chief Financial Officer Versant Corporation 6539 Dumbarton Circle Fremont, Ca 94555 Re: Revolving Loan and Security Agreement Dated as of May 15, 1997, as Modified From Time to Time in Writing (The "Agreement"), Between Versant Corporation ("Borrower") and Comerica Bank - California ("Bank"). Dear Lee, We Have Learned of the Following Breach of the Agreement for the Quarter Ending September 30, 2000 Based Upon Telephone Communications With Borrower and Subsequent Company Prepared Financial Statements. Section 6.17 (F) Net Cash Provided by Operating Activities, as Defined in Fasb 95 and 102, Equal to or Greater Than $1,000,000 Per Quarter for the Quarter Ending September 30, 2000

from 10-K 1 page Via Facsimile and First Class Mail Gary O. Rhea, CFO Versant Corporation 6539 Dumbarton Circle Fremont, Ca 94555 Re: Revolving Loan and Security Agreement Dated as of May 15, 1997, as Modified From Time to Time in Writing (The "Agreement"), Between Versant Corporation ("Borrower") and Comerica Bank - California ("Bank"). Dear Gary, We Have Learned of the Following Breach of the Agreement Based Upon Borrower Prepared Financial Statements and Press Release Communication With Borrower as of the Fiscal Quarter Ending December 31, 1999. Borrower Is in Violation of the Following: Section 6.17 (G) Net Income After Taxes of at Least One Dollar ($1.00), for Each Fiscal Quarter of Borrower Commencing With the Fiscal Quarter Ending September 30, 1999

from 10QSB 1 page Modification to Loan and Security Agreement

from 10QSB ~5 pages Modification to Loan & Security Agreement

from 10KSB 1 page Loan and Security Agreement Consent

from 10-Q 1 page Waiver to Loan and Security Agmnt. Dated 8/11/98

from 10-Q 1 page Waiver to Loan and Security Agrmnt. Dated 8/10/98