1
THIRD AMENDMENT TO TERM NOTE
Third Amendment to Term Note dated as of January 5, 1998 by and between
Back Bay Restaurant Group, Inc., a Delaware corporation ("BBRG"), and Wonderland
Greyhound Park, Inc., a Massachusetts corporation, and Foxboro Park, Inc., a
Massachusetts corporation (collectively, the "Borrower").
Reference is hereby made to that certain Term Note dated May 2, 1994 by
and between BBRG and the Borrower in the original principal amount of $970,000
(the "Term Note"). In consideration of the mutual premises contained herein and
other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto agree as follows:
The Term Note is hereby amended by deleting the third paragraph of the
Term Note in its entirety and adding the following language in its place:
"Principal and interest shall be repaid in thirty-two (32) equal
quarterly installments beginning April 1, 1999."
In Witness Whereof, the parties have executed this Amendment to Term
Note as of the date first set forth above.
BACK BAY RESTAURANT GROUP, INC.
By: /s/ Xxxxxxx X. Xxxxxxxxxx
------------------------------------------
Xxxxxxx X. Xxxxxxxxxx
Executive Vice President
WONDERLAND GREYHOUND PARK, INC.
By: /s/ Xxxxxxx X. Xxxxxx
------------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: President & Chief Executive Officer
FOXBORO PARK, INC.
By: /s/ Xxxxxxx X. Xxxxxx
------------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: President & Chief Executive Officer
