Effective February 28, 2018, Towerstream Corporation and its subsidiaries Hetnets Tower Corporation, Omega Communications Corporation, Alpha Communications Corporation and Towerstream Houston, Inc. entered into an amended and restated Forbearance to Loan Agreement (the Amended and Restated Agreement) with Melody Business Finance LLC (Melody) and the majority lenders under the loan agreement entered into on October 16, 2014 by and among the company, certain of its subsidiaries, Melody and the lenders party thereto (the loan agreement). The Amended and Restated Agreement amends and restates the forbearance agreement by and between the company and Melody originally effective January 26, 2018.