EX-10
from 10-Q
1 page
Western Technology Investment August 13, 1996 Mr. Michael Thomas Vice President and Chief Financial Officer Biosys 10150 Old Columbia Road Columbia, MD 21046-1704 Re- Lease Agreement Between Biosys and Venture Lending & Leasing, Inc., Dated December 21, 1994 Dear Mike: Vlli Will Waive the Financial Covenants in Paragraphs 24 (D), (E) and (F) of the Above Referenced Agreement and Any Existing Amendments to Them Through August 31, 1996. This Waiver Is Specifically Conditioned Upon No Event of Default Existing or Occurring With Imperial Bank or the Continued Waiver Through the Same Period by Imperial Bank of Its Financial Covenants, if Any, With Biosys. Sincerely /S/ Ronald W. Swenson
12/34/56
