NOTELoan Agreement • August 16th, 2004 • K Tron International Inc • Industrial instruments for measurement, display, and control
Contract Type FiledAugust 16th, 2004 Company Industry
Exhibit 10.2 THE BANK LOAN MODIFICATION/RENEWAL AGREEMENT K-TRON AMERICA, INC. Routes 55 & 553 Pitman, NJ 08071Loan Modification/Renewal Agreement • August 16th, 2004 • K Tron International Inc • Industrial instruments for measurement, display, and control
Contract Type FiledAugust 16th, 2004 Company IndustryWHEREAS, the note, security agreement and commitment letter executed by the borrower allow a modification of interest rate, due date or other terms or conditions without affecting the priority of The Bank's lien.