Amendment Three to Revolving Loan Agreement between RFG Acquisition I Inc. and Richard F. Beston, Jr.

Contract Categories: Business Finance Loan Agreements
Summary

RFG Acquisition I Inc. and Richard F. Beston, Jr. have agreed to amend their existing Revolving Loan Agreement, originally dated November 20, 2006. This amendment increases the credit limit to $25,000, while all other terms of the original agreement remain unchanged. The amendment is effective as of September 24, 2007. RFG Acquisition I Inc. is represented by its Chief Financial Officer, and Richard F. Beston, Jr. is the lender.

EX-4.7 8 v122761_ex4-7.htm
REVOLVING LOAN AGREEMENT
AMENDMENT THREE
 
Amendment Date: September 24, 2007
 
Amended Credit Limit: $25,000.00            
 
RFG Acquisition I Inc., a Delaware corporation, promises to pay RICHARD F. BESTON, JR. (“Lender”), an individual, the amended sum of TWENTY-FIVE THOUSAND and 00/100 DOLLARS ($25,000.00) (the “Amended Credit Limit”) or such other principal amount that may be outstanding, in no case to exceed the Amended Credit Limit, as evidenced by the books and records of Lender.
 
This Agreement Three hereby amends the Credit Limit as defined in the Revolving Loan Agreement, dated November 20, 2006, as amended, by and among RFG Acquisition I Inc. and Richard F. Beston, Jr. All other terms and conditions of the original Revolving Loan Agreement, dated November 20, 2006, as amended, remain unchanged and in full force and effect.
 
This Agreement Three is effective as of the date listed above.
 
RFG Acquisition I Inc.
 
By:  /s/ David W. Matre

David W. Matre
Chief Financial Officer  
 
“Lender”
 
/s/ Richard F. Beston, Jr.
RICHARD F. BESTON, JR., an individual
 
DO NOT DESTROY THIS ORIGINAL AGREEMENT AMENDMENT