AMENDMENT TO REVOLVING AND TERM LOAN AGREEMENTRevolving and Term Loan Agreement • April 5th, 2010 • Express-1 Expedited Solutions Inc • Transportation services
Contract Type FiledApril 5th, 2010 Company IndustryTHIS AMENDMENT (the “Amendment”) is effective as of March 31, 2010 and is made by and among PNC Bank, National Association, successor to National City Bank (the “Bank”), EXPRESS-1 EXPEDITED SOLUTIONS, INC., a Delaware corporation (“Borrower”), whose address is 429 Post Road, Buchanan, Michigan 49107, Express 1, Inc., a Michigan corporation, Concert Group Logistics, Inc., a Delaware Corporation, Bounce Logistics, Inc., a Delaware Corporation, and LRG International, Inc., a Delaware corporation, (the “Guarantors” or individually a “Guarantor”) whose address is 429 Post Road, Buchanan, Michigan 49107. This Amendment amends a certain Revolving and Term Loan Agreement made as of January 31, 2008 among National City Bank, Borrower, Express-1 Dedicated, Inc. and all of the Guarantors, except LRG International, Inc. (the “Agreement”). Subsequent to January 31, 2008, and prior to the date of this Amendment, Express-1 Dedicated, Inc. (“Dedicated”) was dissolved and liquidated.