Seventh Amendment to Amended and Restated Credit Agreement between Kforce Inc. and Bank of America, N.A.
This amendment, effective December 31, 2004, modifies the existing Credit Agreement between Kforce Inc. and Bank of America, N.A. It specifically changes the limit on certain types of debt, stating that the total amount of such debt, including capital leases, cannot exceed $5,000,000 at any time. All other terms of the original Credit Agreement remain unchanged, and this amendment does not waive or consent to any defaults under the agreement.
EXHIBIT 10.3g
Bank of America | ||
Business Capital | ||
GA7-293-01-01 | ||
April 21, 2005 | 300 Galleria Parkway | |
Suite 800 | ||
Atlanta, GA 30339 | ||
Via Telecopy: 813 ###-###-#### | Tel   ###-###-#### | |
Fax   ###-###-#### |
Kforce Inc.
1001 East Palm Avenue
4th Floor
Tampa, Florida 33605
Attention: William L. Sanders
Re: | Amended and Restated Credit Agreement (as amended, the Credit Agreement), dated as of November 3, 2000, among Kforce, Inc. (the Borrower), certain of its affiliates, and Bank of America, N.A. (the Agent), as agent for itself and certain financial institutions party thereto. |
Mr. Sanders:
Reference is hereby made to the Credit Agreement. All capitalized terms used herein, unless otherwise defined herein, shall have the meanings ascribed to such terms in the Credit Agreement.
Effective December 31, 2004, clause (c)(ii) of Section 7.13 of the Credit Agreement shall be deemed restated to provide: (ii) the aggregate amount of such Debt (including Capital Leases) outstanding does not exceed $5,000,000 at any time;.
Except as expressly provided hereinabove, the Credit Agreement shall remain in full force and effect. Nothing contained herein shall be deemed to be or operate as a waiver of or consent to any Event of Default.
BANK OF AMERICA, N.A., as agent | ||||
By: | /s/ Mark Henderson | |||
Title: | Vice President | |||
Accepted and agreed: | ||||
KFORCE INC. | ||||
By: | /s/ W L Sanders | |||
Title: | President |