[LETTERHEAD OF THE CREDIT STORE(R), INC.]
May 31, 2001
VIA FACSIMILE & U.S. CERTIFIED MAIL
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(000) 000-0000
Xxxxx Xxxxxxx, President
Bank of Hoven
000 Xxxx Xxxxxx
Xxxxx, Xxxxx Xxxxxx 00000
RE: Repurchase Agreement Dated November 30, 2000 and Letter Agreement
Dated February 27, 2001
Dear Xx. Xxxxxxx:
This letter shall memorialize the agreement between Bank of Xxxxx and The Credit
Store, Inc. to modify the provisions of Section 2.2(a) of the Repurchase
Agreement dated November 30, 2000, and as amended by the Letter Agreement dated
February 27, 2001, to extend the Option Period from May 31, 2001, to August 31,
2001. In consideration of this modification, The Credit Store, Inc. will pay
$10,000 to Bank of Xxxxx. Please sign this letter to signify your agreement
with the above modification.
Sincerely Yours,
/s/ Xxxxxxx X. Xxxxxxxx
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Xxxxxxx X. Xxxxxxxx
Executive Vice President and Chief Financial Officer
APPROVED AND ACCEPTED:
BANK OF XXXXX
/s/ Xxxxx Xxxxxxx
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Xxxxx Xxxxxxx, President
