Valence Technology Inc Watch

from 8-K 61 pages Debtor-In-Possession Loan and Security Agreement by and Between Gemcap Lending I, LLC, as Lender and Valence Technology, Inc., as Borrower Dated: September 13, 2012 Debtor-In-Possession Loan and Security Agreement

from 8-K 3 pages Amendment No. 4 to Loan and Security Agreement and Other Loan Documents

from 8-K 3 pages Amendment No. 3 to Loan and Security Agreement and Other Loan Documents

from 8-K 6 pages Amendment No. 2 to Loan and Security Agreement and Other Loan Documents

from 8-K ~5 pages Valance Technology, Inc. (The “Borrower”) and Berg & Berg Enterprises, LLC, Are Currently Parties to Two Loan Agreements: (A) the Loan Agreement Dated July 17, 1990, as Amended (The “Original Amended Loan Agreement) and (B) the Loan Agreement Dated October 5, 2001 (The “New Loan Agreement”)(collectively the “Loan Agreements” or “Loans”). This Letter Is to Formally Document Our Agreement to Amend the Loan Agreements to Extend the Maturity Dates of the Loan Agreements From September 30, 2010 to September 30, 2012. This Letter Shall Serve as Amendment No. 14 to the Original Amended Loan Agreement and as Amendment No. 6 to the New Loan Agreement. Kindly Indicate Your Acceptance of the Amendments Described Above by Signing and Returning the Enclosed Copy of This Letter. Sincerely, Valence Technology, Inc. /S/ Roger A. Williams Roger A. Williams Vp Law & General Counsel Accepted and Agreed: Berg & Berg Enterprises, LLC /S/ Carl E. Berg Carl E. Berg, Managing Member

from 8-K 1 page Valence Technology, Inc. (The “Borrower”) and Berg & Berg Enterprises, LLC, Are Currently Parties to Two Loan Agreements: (A) the Loan Agreement Dated July 17, 1990, as Amended (The “Original Amended Loan Agreement”) and (B) the Loan Agreement Dated October 5, 2001 (The “New Loan Agreement”) (Collectively the “Loan Agreements” or “Loans”). This Letter Is to Formally Document Our Agreement to Amend the Loan Agreements to Extend the Maturity Dates of the Loan Agreements From September 30, 2008 to September 30, 2010. This Letter Shall Serve as Amendment No. 13 to the Original Amended Loan Agreement and as Amendment No. 5 to the New Loan Agreement. Kindly Indicate Your Acceptance of the Amendments Described Above by Signing and Returning the Enclosed Copy of This Letter. Sincerely, Valence Technology, Inc. /S/ Galen H. Fischer Galen H. Fischer Vp of Finance Accepted and Agreed: Berg & Berg Enterprises, LLC /S/ Carl E. Berg Carl E. Berg, Managing Member

from 8-K 1 page Valence Technology, Inc. July 1, 2005 Mr. Carl E. Berg Berg & Berg Enterprises, LLC 10050 Bandley Dr. Cupertino, Ca 95014 Re: Amendment to Loan Agreements Dear Mr. Berg: Valence Technology, Inc. (The "Borrower") and Berg & Berg Enterprises, LLC, Are Currently Parties to Two Loan Agreements: (A) the Loan Agreement Dated July 17, 1990, as Amended (The "Original Amended Loan Agreement) and (B) the Loan Agreement Dated October 5, 2001 (The "New Loan Agreement")(collectively the "Loan Agreements" or "Loans"), the Maturity Dates of the Loan Agreements Having Been Extended From September 30, 2005 to September 30, 2006. This Letter Shall Serve as Amendment No. 11 to the Original Amended Loan Agreement and as Amendment No. 3 to the New Loan Agreement. the Principal Amount of the Loan in the Loan Agreements Can Be Extended by the Amount of Two Million Five Hundred Thousand Dollars ($2,500,000) at the Request of Borrower Following the Date Hereof. Such Amount Can Be Repaid by Borrower Plus 5% Interest, if Repaid Within One (1) Month From the Date on Which the Amount Is Loaned to Borrower. Kindly Indicate Your Acceptance of the Amendment Described Above by Signing and Returning the Enclosed Copy of This Letter. Sincerely, Valence Technology, Inc. /S/ Kevin W. Mischnick Kevin W. Mischnick Vp of Finance Accepted and Agreed: Berg & Berg Enterprises, LLC Carl E. Berg - Carl E. Berg, Managing Member

from 8-K 1 page May 30, 2003 Mr. Carl E. Berg Berg & Berg Enterprises, LLC 10050 Bandley Dr. Cupertino, Ca 95014 Re: Waiver of Conditions of Equity Line of Credit Dear Mr. Berg: Valence Technology, Inc. (The "Company") and Berg & Berg Enterprises, LLC Entered Into a Financing Commitment on March 20, 2002. the Terms of the Commitment Were Provided in an Equity Line of Credit Term Sheet (The "Equity Line"). This Letter Is to Formally Document Our Understanding That Each of the "Conditions to Funding" as Outlined in the Equity Line, Except for Item (I) Which States That There Has Been No Change in the CEO of the Company, Are Hereby Waived. Kindly Indicate Your Acceptance of the Waivers Described Above by Signing and Returning the Enclosed Copy of This Letter. Sincerely, Valence Technology, Inc. /S/ Kevin W. Mischnick Kevin W. Mischnick Vp of Finance Accepted and Agreed: Berg & Berg Enterprises, LLC /S/ Carl E. Berg - Carl E. Berg, Managing Member