LOAN DOCUMENT MODIFICATION AGREEMENT (No. 2)
LOAN DOCUMENT MODIFICATION AGREEMENT (NO. 2) (the "Agreement"), dated as of March 28,
2003, by and among LIONBRIDGE TECHNOLOGIES HOLDINGS B.V. and LIONBRIDGE
TECHNOLOGIES B.V., each a limited liability company incorporated under the laws of the Netherlands,
Lionbridge Technologies Ireland, an unlimited company incorporated under the laws of Ireland (collectively, the
"Borrowers"), and SILICON VALLEY BANK ("Silicon"), a California chartered bank with its principal place of
business at 3003 Tasman Drive, Santa Clara, California 95054, and with a loan production office located at One
Newton Executive Park, 2221 Washington Street, Suite 200, Newton, Massachusetts 02462, doing business
under the name "Silicon Valley East".
1. Reference to Existing Loan Documents.
Reference is made to that certain Loan Agreement, dated as of June 28, 2001, between Silicon and the
Borrowers, as amended by Loan Document Modification Agreement (No. 1), dated as of April 29, 2002 (as so
amended, with the attached schedules and exhibits, the "Loan Agreement"), and the Loan Documents referred to
therein, including without limitation, that certain Promissory Note of the Borrowers dated as of June 28, 2001, in
the principal amount of U.S. $6,000,000, as amended by that certain Allonge dated April 29, 2002 (as so
amended, the "Note"). Unless otherwise defined herein, capitalized terms used in this Agreement shall have the
same respective meanings as set forth in the Loan Agreement.
2. Effective Date.
This Agreement shall become effective as of March 28, 2003 (the "Effective Date"), provided that Silicon shall
have received the following on or before such date and provided further, that in no event shall this Agreement
become effective until signed by an officer of Silicon in California:
a. two copies of this Agreement, duly executed by the Borrowers, with the attached Consent of Lionbridge
Technologies, Inc. ("LTI"), duly executed thereby;
b. an Allonge t