RENEWAL AGREEMENTRenewal Agreement • August 10th, 2007 • Paragon Technologies Inc • Construction, mining & materials handling machinery & equip
Renewal. Wachovia Bank, National Association (hereinafter "Bank") and Borrower hereby extend the maturity date of the promissory note dated June 20, 2006 in the original principal amount of $5,000,000.00 made by Borrower and delivered to Bank (the "Note") to June 30, 2008 when all outstanding principal and accrued interest shall be due and payable and extend the termination date of the loan agreement dated June 20, 2006 between Bank and Borrower (the "Loan Agreement") to June 30, 2008 when Bank's commitment to lend shall terminate.
