0001104659-03-012388 Sample Contracts

THIRD AMENDMENT AND MODIFICATION TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • June 16th, 2003 • Sherwood Brands Inc • Sugar & confectionery products • Pennsylvania

THIS THIRD AMENDMENT AND MODIFICATION TO LOAN AND SECURITY AGREEMENT (the “Amendment”) is made this 7th day of April, 2003, by and among SHERWOOD BRANDS OF VIRGINIA, LLC (“VA”), SHERWOOD BRANDS, LLC (“MD”), SHERWOOD BRANDS OF RI, INC. (“RI”), ASHER CANDY ACQUISITION CORPORATION (“Asher”), SHERWOOD BRANDS, INC. (“Guarantor”) and WACHOVIA BANK, NATIONAL ASSOCIATION, formerly known as First Union National Bank (the “Lender”). VA, MD, RI and Asher are referred to collectively as “Borrowers” or each as a “Borrower”.

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