Extension Agreement to Credit Agreement among SOURCECORP, Bank of America, and First Union National Bank

Contract Categories: Business Finance › Modification Agreements
Summary

This Extension Agreement, effective April 3, 2002, is between SOURCECORP, Incorporated, Bank of America, N.A. (as Administrative Agent), and First Union National Bank. It extends the commitment and maturity date under their existing Credit Agreement by 364 days, moving the maturity date to April 2, 2005. The agreement is governed by Texas law and may be executed in multiple counterparts. All other terms remain as defined in the original Credit Agreement.

Read More Arrow
EX-10.89 7 a2106765zex-10_89.htm EXHIBIT 10.89
QuickLinks -- Click here to rapidly navigate through this document


Exhibit 10.89


EXTENSION AGREEMENT

Bank of America, N.A.,
    as Administrative Agent
Attn: Suzanne Paul
231 South LaSalle Street
Chicago, Illinois 60604

Ladies and Gentlemen:

        The undersigned hereby agrees to extend, effective April 3, 2002, its Commitment and the Maturity Date under the Credit Agreement dated as of April 3, 2001 among SOURCECORP, Incorporated, f/k/a F.Y.I. Incorporated, each of the Lenders party thereto, Bank of America, N.A., as Administrative Agent, and Banc of America Securities LLC, as sole lead arranger and sole book agent (as the same may be amended or otherwise modified from time to time, the "Credit Agreement") for 364 days to April 2, 2005 pursuant to Section 2.1(d) of the Credit Agreement. Terms defined in the Credit Agreement are used herein as therein defined.

        This Extension Agreement shall be construed in accordance with and governed by the law of the State of Texas. The Extension Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument.


 
 
First Union National Bank

 
 
Name:
/s/ DANIEL EVANS
      By: Daniel Evans
      Title: Managing Director—Leveraged Finance

Agreed and Accepted:

SOURCECORP, INCORPORATED, f/k/a
F.Y.I. INCORPORATED

By:
/s/ BARRY EDWARDS
Name: Barry Edwards
Title: EVP & CFO

BANK OF AMERICA, N.A., as Administrative Agent

By:
/s/ SUZANNE M. PAUL
Name: Suzanne M. Paul
Title: Vice President


QuickLinks

    Exhibit 10.89
EXTENSION AGREEMENT