LOAN AGREEMENT Senior Subordinated Promissory Note Series I MADE BY AND BETWEEN STAR BUFFET, INC., a Delaware corporation AND ROBERT E. WHEATON & SUZANNE H. WHEATON, Dated as of June 15, 2007Loan Agreement • September 21st, 2007 • Star Buffet Inc • Retail-eating places • Arizona
Contract Type FiledSeptember 21st, 2007 Company Industry JurisdictionBY THIS AGREEMENT made and entered into as of the 15th day of June, 2007, STAR BUFFET, INC., a Delaware corporation, whose address is 1312 N. Scottsdale Road, Scottsdale, Arizona 85257 (hereinafter severally and collectively called “Borrower”), and ROBERT E. WHEATON & SUZANNE H. WHEATON, whose address is 4716 East Valley Vista Lane, Paradise Valley, Arizona 85253 (hereinafter called “Lender”), for and in consideration of the recitals and mutual promises contained herein, confirm and agree as follows: