On November 5, 2013, 2013, TranSwitch Corp. entered into an Amended and Restated Business Financing Agreement with Bridge Bank, National Association dated as of November 4, 2013, together with certain other related financing documents. The Agreement amends and restates TranSwitch's existing Amended and Restated Business Financing Agreement with Bridge Bank, dated April 4, 2011, as amended.

The Loan Documents collectively provide a receivables financing facility to TranSwitch of up to $5,000,000, secured by substantially all the personal property of TranSwitch, including TranSwitch's accounts receivable and intellectual property.