The Loan Agreement and the Note amend that certain Third Amended and Restated Revolving Loan and Security Agreement (the "Existing Loan Agreement") and that certain Second Amended and Restated Revolving Promissory Note (Secured) (the "Existing Note"), respectively, each between LeMaitre and BBH and dated as of May 20, 2006. As a result of these amendments, LeMaitre's borrowing capacity is now $10,000,000, up from $5,500,000, and the maximum principal amount of any Letters of Credit issued as part of this facility is $3,000,000, up from $200,000. The maturity date for amounts borrowed has been extended to August 21, 2008. Interest rates have been reduced to LIBOR plus 200 basis points or the Base Rate, as LeMaitre may choose. Other changes include the removal of the existing borrowing base requirement; the elimination of existing prohibitions on merger, consolidation, the payment of dividends, and the purchase of other issuers' securities; an increase in the permitted amount of capital leases from $500,000 to $1,000,000, with an exclusion for capital leases assumed in connection with any acquisition; and permission for LeMaitre to incur up to $1,000,000 in debt in connection with any acquisition. No fees were charged in connection with this transaction.