FFE TRANSPORTATION SERVICES, INC., LISA MOTOR LINES, INC., CONWELL CORPORATION and FFE LOGISTICS, INC., as Borrowers, and FROZEN FOOD EXPRESS INDUSTRIES, INC. and CERTAIN OF ITS SUBSIDIARIES, as Guarantors LOAN AND SECURITY AGREEMENT Dated as of March...Loan and Security Agreement • March 30th, 2011 • Frozen Food Express Industries Inc • Trucking (no local) • Texas
THIS LOAN AND SECURITY AGREEMENT is dated as of March 28, 2011, among FFE TRANSPORTATION SERVICES, INC., a Delaware corporation ("FFE"), LISA MOTOR LINES, INC., a Delaware corporation ("LML"), CONWELL CORPORATION, a Delaware corporation ("Conwell"), FFE LOGISTICS, INC., a Delaware corporation ("Logistics") (each of FFE, LML, Conwell and Logistics is, individually, a "Borrower" and they are, collectively, "Borrowers"), FROZEN FOOD EXPRESS INDUSTRIES, INC., a Texas corporation ("Parent"), CONWELL LLC, a Delaware limited liability company ("Conwell LLC"), FX HOLDINGS, INC., a Delaware corporation ("FX"), COMPRESSORS PLUS, INC., a Texas corporation ("CPI"), FFE DRIVER ACADEMY, INC., a Texas corporation ("FFE Driver") and the additional Subsidiaries of Parent party to this Agreement from time to time as Guarantors, the financial institutions party to this Agreement from time to time as lenders (collectively, "Lenders"), and BANK OF AMERICA, N.A., a national banking association, as agent for
