FIRST LOAN MODIFICATION AGREEMENT
This First Loan Modification Agreement (this “ Loan Modification Agreement ”) is entered into as of
the First Loan Modification Effective Date, by and between SILICON VALLEY BANK , a California
corporation, 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, Suite 200, 2221 Washington Street, Newton,
Massachusetts 02462 (“ Bank ”) and BRIDGELINE SOFTWARE, INC. , a Delaware corporation with its
chief executive office located at 10 Sixth Road, Woburn, Massachusetts 01801 (“ Borrower ”).
1. DESCRIPTION OF EXISTING INDEBTEDNESS AND OBLIGATIONS . Among other indebtedness
and obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to a loan
arrangement dated as of September 29, 2008, evidenced by, among other documents, a certain Loan and
Security Agreement dated as of September 29, 2008, between Borrower and Bank, (as amended, the “ Loan
Agreement ”). Capitalized terms used but not otherwise defined herein shall have the same meaning as in the
DESCRIPTION OF COLLATERAL . Repayment of the Obligations is secured by the Collateral as
described in the Loan Agreement (together with any other collateral security granted to Bank, the “ Security
Hereinafter, the Security Documents, together with all other documents evidencing or securing the Obligations
shall be referred to as the “ Existing Loan Documents ”.
DESCRIPTION OF CHANGE IN TERMS .
“(a) Availability . Subject to the terms and conditions of
this Agreement, Bank shall make Advances not exceeding the
Availability Amount. Amounts borrowed under the Revolving
Line may be repaid and, prior to the Revolving Line Maturity
Date, reborrowed, subject to the applicable terms and conditions
and inserting in lieu thereof the follow