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January 26, 2000
Track 'N Trail
Xxxxxx X. Xxxxxxx
0000-x Xxxxxxxx Xxxxx
Xx Xxxxxx Xxxxx XX 00000
"RE Second Amendment ("Amendment") to the Loan Agreement dated
October 4, 1999 ( all prior Amendments, this Amendment, and
the Loan Agreement together called the "Agreement").
Dear Xxxxxx X. Xxxxxxx:
In reference to the Agreement defined above between Union Bank of California,
N.A. ("Bank") and Track 'N Trail ("Borrower"), the Bank and Borrower desire to
amended the Agreement. Capitalized terms used herein which are not otherwise
defined shall have the meaning given them in the Agreement.
AMENDMENT TO AGREEMENT
(a) Section 1.1.1 The Revolving Line, of the Agreement is hereby amended by
substituting the amount "Twenty Million Dollars" ($20,000,000.00)"
for the amount "Twenty Five Million Dollars" ($25,000,000.00)."
Except as specifically amended hereby, the Agreement shall remain in full force
and effect and is hereby ratified and confirmed. This Amendment shall not be a
waiver of any existing or future default or breach of a condition to covenant
unless specified herein.
This Amendment shall become effective when the Bank shall have received the
acknowledgement copy of the Amendment executed by the Borrower.
Very truly yours,
/s/ Xxxxx Xxxxxxx
Union Bank of California, N.A.
Xxxxx Xxxxxxx
Vice President
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Track 'N Trail
Second Amendment
Agreed to and Accepted
Track 'N Trail
By: /s/ Xxxxx X. Xxxxxxxxx, Xx. By: /s/ Xxxxxx X. Xxxxxxx
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Xxxxx X. Xxxxxxxxx, Xx. COB Xxxxxx X. Xxxxxxx, CFO
Overland Management Corporation
By: /s/ Xxxxx X. Xxxxxxxxx, Xx. By: /s/ Xxxxxx X. Xxxxxxx
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Xxxxx X. Xxxxxxxxx, Xx. COB Xxxxxx X. Xxxxxxx, CFO
Xxxxx'x Eagles Nest, Inc.
By: /s/ Xxxxx X. Xxxxxxxxx, Xx. By: /s/ Xxxxxx X. Xxxxxxx
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Xxxxx X. Xxxxxxxxx, Xx. COB Xxxxxx X. Xxxxxxx, CFO
