EXHIBIT 10.1 CHANGE IN TERMS AGREEMENT Borrower: Scott's Liquid Gold-Inc. (TIN: 84-0920811) 4880 Havana St. Denver, CO 80239 Lender: Citywide Banks PO Box 128 Aurora, CO 80040-0128 (303) 365-3600 Principal Amount: $5,156,641.00 Initial Rate: 8.000%...Change in Terms Agreement • June 30th, 2006 • Scotts Liquid Gold Inc • Perfumes, cosmetics & other toilet preparations • Colorado
DESCRIPTION OF CHANGE IN TERMS. Effective June 23, 2006 the term of the Note is extended to June 23, 2021, the Interest Rate is modified as described in the VARIABLE INTEREST RATE section below and the Payment is modified as described in the PAYMENT section below.
EXHIBIT 10.3 ADDENDUM TO LOAN DOCUMENTS DATED AS OF JUNE 28, 2006 BETWEEN CITYWIDE BANKS (LENDER) AND SCOTT'S LIQUID GOLD-INC. (BORROWER) The parties agree to the following additions and changes to each of the loan documents described below, all of...Scotts Liquid Gold Inc • June 30th, 2006 • Perfumes, cosmetics & other toilet preparations
EXHIBIT 10.2 BUSINESS LOAN AGREEMENT Borrower: Scott's Liquid Gold-Inc. 4880 Havana Street Denver, CO 80239 Lender: Citywide Banks PO Box 128 Aurora, CO 80040-0128 (303) 365-3600 THIS BUSINESS LOAN AGREEMENT dated June 28, 2006, is made and executed...Business Loan Agreement • June 30th, 2006 • Scotts Liquid Gold Inc • Perfumes, cosmetics & other toilet preparations • Colorado
THIS BUSINESS LOAN AGREEMENT dated June 28, 2006, is made and executed between Scott's Liquid Gold-Inc. ("Borrower") and Citywide Banks "Lender") on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement ("Loan"). Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower's representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender's sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
