Mediaboss Marketing

Item 1.01 Entry into a Material Definitive Agreement.

As previously disclosed, on October 25, 2019, Blonder Tongue Laboratories, Inc.(the "Company"), R. L. Drake Holdings, LLC, a wholly-owned subsidiary of theCompany, Blonder Tongue Far East, LLC, a wholly-owned subsidiary of the Companyand MidCap Business Credit LLC ("MidCap") entered into a Loan and SecurityAgreement (All Assets) (the "Original Agreement"), which was subsequentlyamended by a Consent and Amendment to Loan Agreement and Loan Documents dated asof April 7, 2020 (the "First Amendment"), a Second Amendment to Loan Agreementdated as of January 8, 2021 (the "Second Amendment"), a Third Amendment to LoanAgreement dated as of June 14, 2021 (the "Third Amendment"), a Fourth Amendmentto Loan Agreement dated as of July 30, 2021 (the "Fourth Amendment"), a FifthAmendment to Loan Agreement dated as of August 26, 2021 (the "Fifth Amendment"),a Sixth Amendment to Loan Agreement dated as of December 16, 2021 (the "SixthAmendment," a Seventh Amendment to Loan Agreement dated as of February 11, 2022(the "Seventh Amendment"), an Eighth Amendment to Loan Agreement dated as ofMarch 3, 2022 (the "Eighth Amendment"), a Ninth Amendment to Loan Agreementdated as of April 5, 2022 (the "Ninth Amendment") and a Tenth Amendment to LoanAgreement dated as of May 5, 2022 (the "Tenth Amendment") and together with theOriginal Agreement, the First Amendment, the Second Amendment, the ThirdAmendment, the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, theSeventh Amendment, the Eighth Amendment, the Ninth Amendment and the TenthAmendment, (the "Loan Agreement").

The parties have entered into an Eleventh Amendment to Loan Agreement, dated asof June 14, 2022 ("Eleventh Amendment"), to, among other things, (i) modify theLoan Agreement's definition of "Borrowing Base" to extend the Company's WIPadvance and the amortization of the Company's overadvance facility until July 1,2022, and (ii) delete in its entirety from the Loan Agreement the Company'sminimum EBITDA covenant. All other substantive terms of the Loan Agreementcontinue in full force and effect.

The foregoing summary of the Eleventh Amendment is not complete and is qualifiedin its entirety by reference to the full text of the Eleventh Amendment, whichis attached as Exhibit 10.1 to this Current Report on Form 8-K and isincorporated herein by reference. In addition, the Original Agreement isattached as an exhibit to our Current Report on Form 8-K filed on October 30,2019, the First Amendment is attached as an exhibit to our Current Report onForm 8-K filed on April 9, 2020, the Second Amendment is attached as an exhibitto our Current Report on Form 8-K filed on January 11, 2021, the Third Amendmentis attached as an exhibit to our Current Report on Form 8-K filed on June 15,2021 the Fourth Amendment is attached as an exhibit to our Current Report onForm 8-K filed on August 2, 2021, the Fifth Amendment is attached as an exhibitto our Current Report on Form 8-K filed on August 30, 2021, the Sixth Amendmentis attached as an exhibit to our Current Report on Form 8-K filed on December17, 2021, the Seventh Amendment is attached as an exhibit to our Current Reporton Form 8-K filed on February 15, 2022, the Eighth Amendment is attached as anexhibit to our Current Report on Form 8-K filed on March 4, 2022, the NinthAmendment is attached as an exhibit to our Current Report on Form 8-K filed onApril 8, 2022 and the Tenth Amendment is attached as an exhibit to our CurrentReport on Form 8-K filed on May 5, 2022. We encourage you to read each of theOriginal Agreement, the First Amendment, the Second Amendment, the ThirdAmendment, the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, theSeventh Amendment, the Eighth Amendment, the Ninth Amendment, the TenthAmendment and the Eleventh Amendment in its entirety.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an

The information contained in Item 1.01 above with respect to the EleventhAmendment is hereby incorporated by reference into this Item 2.03. Upon adefault under the Loan Agreement, as amended, including the non-payment ofprincipal or interest, the obligations of the borrower may be accelerated andMidCap may pursue its rights under the Loan Agreement, as amended, and therelated pledge agreement, security agreement and guaranty agreement, and underthe Uniform Commercial Code and/or any other applicable law or in equity.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits. The following exhibits are filed herewith:

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BLONDER TONGUE LABORATORIES INC : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an...