Exhibit 10(j)
RBC BANK (USA)
AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVER
This Amendment to Loan and Security Agreement and Waiver (this “Amendment”) is made and entered into
as of August 25, 2009 by and between VIDEO DISPLAY CORPORATION , a Georgia corporation
(“Parent”), LEXEL IMAGING SYSTEMS, INC. (“Lexel”), FOX INTERNATIONAL, LTD., INC.
(“Fox”), Z-AXIS, INC. (“Z-Axis”), TELTRON TECHNOLOGIES, INC. (“Teltron”) and AYDIN
DISPLAYS, INC. (“Aydin” and together with Lexel, Fox, Z-Axis and Teltron, collectively, the “Subsidiaries”;
and the Subsidiaries, together with Parent, collectively, the “Borrower”), and RBC BANK (USA) (formerly
known as RBC Centura Bank) (the “Bank”);
WITNESSETH :
WHEREAS , the Borrower and the Bank have made and entered into that certain Loan and Security
Agreement, dated as of September 26, 2008, as amended (the “Loan Agreement”; capitalized terms used herein
and not otherwise defined shall have the meanings ascribed thereto in the Loan Agreement);
WHEREAS , pursuant to the Loan Agreement, the Bank has extended to the Borrower (a) a primary
revolving loan facility in the original principal amount of up to $17,000,000, which primary revolving loan is
evidenced by a promissory note, dated as of September 26, 2008, as amended, from Borrower to the order of
the Bank in the principal amount of $17,000,000, (b) a secondary revolving loan facility in the original principal
amount of up to $3,500,000, which secondary revolving loan is evidenced by a promissory note, dated as of
September 26, 2008, as amended, from Borrower to the order of the Bank in the principal amount of
$3,500,000, and (c) a term loan in the original principal amount of up to $1,700,000, which term loan is
evidenced by a promissory note, dated as of September 26, 2008, as amended, from Borrower to the order of
the Bank in the principal amount of $1,700,000;
WHEREAS , Defaults and Events of Default have occurred and are continuing under certain provisions of
the Loan Agr