**Exhibit 10.12 **
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Krishna P. Singh Technology Campus, 1 Holtec Blvd., Camden, NJ 08104 Telephone (856) 797-0900 Fax (856) 797-0909 | |
**FIRST AMENDMENT TO **
**RELATED PARTY REVOLVING LOAN AGREEMENT **
This First Amendment to Related Party Revolving Loan Agreement (this “Amendment”) is made and entered into as of January 20, 2026, by and between:
**Lender: **Harbor Associates LP, a Florida limited partnership with its principal place of business at 1001 N. US Hwy 1, Jupiter, Florida 33477
**Borrower: **Holtec International, a Delaware corporation with its principal place of business at 1 Holtec Boulevard, Camden, New Jersey. 08104
Each individually referred to as a “Party” and collectively as the “Parties.”
*1. Amendment to the Facility Amount *
Section 2 (Facility Amount and Availability) of the Related Party Revolving Loan Agreement dated October 24, 2025 (the “Agreement”) is hereby amended by deleting “USD $100,000,000” and replacing it with “USD $250,000,000.”
As amended, Section 2 shall read as follows:
“The Lender agrees to make available to the Borrower a revolving credit facility with a maximum aggregate principal amount of USD $250,000,000 (the “Facility Limit”).”
*2. No other Amendments *
Except as expressly amended hereby, all terms and provisions of the Agreement shall remain in full force and effect.
*3. Governing Law *
Except as expressly amended hereby, all terms and provisions of the Agreement shall remain in full force and effect.
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Krishna P. Singh Technology Campus, 1 Holtec Blvd., Camden, NJ 08104 Telephone (856) 797-0900 Fax (856) 797-0909 | |
*Execution: *
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.
| LENDER: | ||
| HARBOR ASSOCIATES LIMITED PARTNERSHIP | ||
| By: | /s/ Mike Finan | |
| Name: Mike Finan | ||
| Title: Chief Investment Officer | ||
| BORROWER: HOLTEC INTERNATIONAL | ||
| By: | /s/ Tim Berta | |
| Name: Tim Berta | ||
| Title: Treasurer |
