First Amendment to Amended and Restated Revolving Note between The J. Jill Group, Inc. and Citizens Bank of Massachusetts
This agreement is an amendment to a previous revolving note between The J. Jill Group, Inc. and Citizens Bank of Massachusetts. The amendment changes the maturity date in the original note from June 1, 2005, to a new date defined as the "Termination Date." All other terms of the original note remain unchanged. The amendment is effective as of September 30, 2004, and is signed by authorized representatives of both parties.
Exhibit 10.2
FIRST AMENDMENT
TO
AMENDED AND RESTATED REVOLVING NOTE
FROM
THE J. JILL GROUP, INC.
TO
CITIZENS BANK OF MASSACHUSETTS
This First Amendment to Amended and Restated Revolving Note from The J. Jill Group, Inc. to Citizens Bank of Massachusetts is dated as of September 30, 2004.
W I T N E S S E T H:
Reference is made to that certain Amended and Restated Revolving Note dated as of June 26, 2003 from The J. Jill Group, Inc. to Citizens Bank of Massachusetts in the face amount of Twenty-Seven Million Dollars ($27,000,000) (the REVOLVING NOTE).
NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the REVOLVING NOTE is hereby amended by deleting the date June 1, 2005 set forth in the second paragraph of the REVOLVING NOTE and substituting therefor the words the Termination Date.
Except as modified hereby, the REVOLVING NOTE remains in full force and effect and is hereby confirmed and republished.
EXECUTED as an instrument under seal as of September 30, 2004.
| THE J. JILL GROUP, INC. | ||
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| By: | /s/ Olga L. Conley |
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| Name: | Olga L. Conley |
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| Title: | EVP/CFO |
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| CITIZENS BANK OF MASSACHUSETTS | ||
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| By: | /s/ Lori B. Leeth |
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| Name: | Lori B. Leeth |
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| Title: | Senior Vice President |
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