COAST BUSINESS CREDIT(R)
SECOND AMENDMENT TO THE LOAN AND SECURITY AGREEMENT AND
SCHEDULE TO THE LOAN AND SECURITY AGREEMENT
BORROWER: BRISTOL RETAIL SOLUTIONS, INC.
ADDRESS: 0000 XXXXX XXXXXX, XXXXX 000
XXXXXXX XXXXX, XXXXXXXXXX 00000
BORROWER: CASH REGISTERS, INC.
ADDRESS: 000 XXXXX XXXX XXXXXX
XXXXXX, XXXXXXXX 00000
BORROWER: XXXXX SYSTEMS INC.
ADDRESS: 0000 XXXXXXX XXXXXX, X.X.
XXXXXX, XXXX 00000
BORROWER: AUTOMATED RETAIL SYSTEMS, INC.
ADDRESS: 0000 X. XXXXXXX
XXXXXXX, XXXXXXXXXX 00000
DATE: FEBRUARY 2, 1998
THIS SECOND AMENDMENT TO THE LOAN AND SECURITY AGREEMENT AND SCHEDULE TO THE
LOAN AND SECURITY AGREEMENT is entered into as of the above date between COAST
BUSINESS CREDIT, a division of Southern Pacific Bank ("Coast"), a California
corporation, with offices at 00000 Xxxxxxxx Xxxxxxxxx, Xxxxx 0000, Xxx Xxxxxxx,
Xxxxxxxxxx 00000, and Bristol Retail Solutions, Inc. ("Bristol"), Cash
Registers, Inc. ("CRI"), Xxxxx Systems, Inc. ("Xxxxx") and Automated Retail
Systems, Inc. ("ARS") (jointly and severally, "Borrower") whose chief executive
office is located at the above addresses (collectively, "Borrower's Address").
This Amendment shall for all purposes be deemed to be a part of the Loan and
Security Agreement ("L&S Agreement") and Schedule to the Loan and Security
Agreement ("Schedule"), and the same is an integral part of the L&S Agreement
and the Schedule.
/ / /
/ / /
AMENDMENTS.
1
(1) Section 2.1 (a) of the Schedule is hereby amended to read as follows:
(a) Receivable Loans in an amount not to
exceed 80% of the amount of
Borrower's Eligible Receivables (as
defined in Section 1 of the
Agreement), which may be increased to
an amount not to exceed 85% if
consolidated dilution is less than
5%, PLUS
EXCEPT AS EXPRESSLY PROVIDED FOR HEREIN, ALL OF THE TERMS AND CONDITIONS OF THE
L&S AGREEMENT, SCHEDULE AND ALL OTHER DOCUMENTS AND AGREEMENTS BETWEEN COAST AND
BORROWER SHALL CONTINUE IN FULL FORCE AND EFFECT AND THE SAME ARE HEREBY
RATIFIED AND AFFIRMED. THE WAIVERS CONTAINED HEREIN DO NOT CONSTITUTE A WAIVER
OF ANY OTHER PROVISION OR TERM OF THE L&S AGREEMENT, SCHEDULE NOR ANY RELATED
DOCUMENT OR AGREEMENT, NOR AN AGREEMENT TO WAIVE ANY TERM OR CONDITION OF THE
LOAN AGREEMENT NOR ANY RELATED DOCUMENT OR AGREEMENT IN THE FUTURE.
Borrower: Borrower:
BRISTOL RETAIL SOLUTIONS, INC. XXXXX SYSTEMS, INC.
By:/S/ Xxxxxxx Xxxxxx By:/S/ Xxxxxxx Xxxxxx
------------------------------- ---------------------------------
Xxxxxxx Xxxxxx, President Xxxxxxx Xxxxxx, Vice President
Borrower: Borrower:
CASH REGISTERS, INC. AUTOMATED RETAIL SYSTEMS, INC.
By:/S/ Xxxxxxx Xxxxxx By:/S/ Xxxxxxx Xxxxxx
-------------------------------- ---------------------------------
Xxxxxxx Xxxxxx, Vice President Xxxxxxx Xxxxxx, Vice President
Coast:
COAST BUSINESS CREDIT, a division of Southern
Pacific Bank
By:/S/ Xxxxx Xxxxxxxx
-------------------------------
Xxxxx Xxxxxxxx, Vice President
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