Amendment No. 1 to Secured Note Dated July 24, 2004 by Colonial Commercial Corp. and Subsidiaries

Contract Categories: Business Finance › Note Agreements
Summary

This amendment extends the maturity date of a secured note originally dated July 24, 2004, between Colonial Commercial Corp. (and its subsidiaries Universal Supply Group, Inc. and The RAL Supply Group, Inc.) and Goldman Associates of New York, Inc. The new maturity date is January 1, 2009, instead of June 30, 2008. All other terms of the original note remain unchanged and in effect.

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EX-10.14D 4 ex10_14d.htm EXHIBIT 10.14D ex10_14d.htm
 
EXHIBIT 10.14(d)
 
 
Amendment No. 1 to that certain Secured Note dated as of July 24, 2004 (“Note”).

For good and valuable consideration, the parties to the Note agree and confirm to amend the Note to extend the Maturity Date from June 30, 2008 to January 1, 2009.

Except as set forth above, the Note is hereby ratified and confirmed in all respects.


Dated: March 27, 2008
 
Colonial Commercial Corp.
 
By:      /s/William Pagano
Name: William Pagano
Title:   Chief   Executive Officer
 
Subsidiaries that are “Grantors of a Security Interest” under this Note:
 
Universal Supply Group, Inc.
 
By:     /s/William Pagano
Name: William Pagano
Title:   President
 
The RAL Supply Group, Inc.
 
By:      /s/William Pagano
Name: William Pagano
Title:   Vice President
 
Confirmed:
 
Goldman Associates of New York, Inc.
 
By:      /s/Michael Goldman
Name: Michael Goldman
Title:   President