Amendment, dated December 20, 2016, to Master Loan and Security Agreement No. 4180, dated as of March 31, 2016, by and between People's Capital and Leasing Corp. and Ranor, Inc
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EX-10.2 3 ex10-2.htm EXHIBIT 10.2
Exhibit 10.2
AMENDMENT TO MASTER LOAN AND SECURITY AGREEMENT NO. 4180 DATED MARCH 31, 2016
Borrower and Lender agree to amend the foregoing Agreement as follows:
The last sentence of Section 6 of the Agreement is deleted and replaced with:
"Permitted Liens" means liens held by Lender and Commerce Bank & Trust Company.
Except as set forth above, the Agreement remains unmodified and in full force and effect, Borrower's obligations thereunder are hereby ratified and confirmed.
LENDER:
PEOPLE'S CAPITAL AND LEASING CORP.
/s/ Melissa A. Curtis
BY: Melissa A. Curtis
TITLE: Vice President
BORROWER:
RANOR, INC.
/s/ Tom Sammons
BY: Tom Sammons
TITLE: CFO
