SECOND AMENDMENT TO CREDIT AGREEMENT
THIS SECOND AMENDMENT is made as of the 30 day of September, 1996, and is by and between
Daktronics, Inc., a South Dakota corporation (the "Borrower"), and Norwest Bank Minnesota, National
Association, a national banking association (the "Bank").
REFERENCE IS HEREBY MADE to that certain Credit Agreement dated as of April 20, 1994, as amended
by a First Amendment dated February 13, 1996 (as amended, the "Credit Agreement"), made between the
Borrower and the Bank. Capitalized terms not otherwise defined herein shall have the respective meanings
ascribed to them in the Credit Agreement.
WHEREAS, the Borrower has requested the Bank to renew the Line to September 30, 1997; and,
WHEREAS, the Bank is willing to grant the Borrower's request, subject to the provisions of this Second
NOW, THEREFORE, in consideration of the premises and for other valuable consideration received, it is agreed
1. Section 1.2 of the Credit Agreement is hereby amended by changing the date referenced in said Section from
"September 30, 1996" to "September 30, 1997."
2. Section 3.2 of the Credit Agreement is hereby amended by inserting the following at the end of said Section:
Notwithstanding any other provisions set forth in this Section 3.2 or in the Revolving Note, commencing May 10,
1996, the Borrower shall not be permitted to elect the LIBOR Rate Option until (i) the Bank has determined,
from its review of the Borrower's financial statements and compliance certificates, that the Borrower was in
compliance with all of the covenants set forth in
Section 6.2 hereof as of October 31, 1996, (ii) the Bank has furnished the Borrower with written notice of such
determination, and (iii) as of the date of such notification there exists no event of default described in Section 7
hereof, nor does their exist any event which, with the giving of notice or the passage of time (or both), could
become such an event of default.
3. Section 6.1(b) of the Credit Agreeme