SCHEDULE TO LOAN AND SECURITY AGREEMENT DATED: as of October 27, 2009Loan and Security Agreement • November 25th, 2009 • General Employment Enterprises Inc • Services-employment agencies
LOAN AND SECURITY AGREEMENT (“Agreement”)Loan and Security Agreement • November 25th, 2009 • General Employment Enterprises Inc • Services-employment agencies • Michigan
This document dated October27th, 2009, is an agreement between CRESTMARK BANK, a Michigan banking corporation (“Crestmark”), and GENERAL EMPLOYMENT ENTERPRISES, INC., an Illinois corporation (“GEE”), and TRIAD PERSONNEL SERVICES, INC., an Illinois corporation (“TPS”) (GEE and TPS are sometimes individually and collectively referred to herein as “Borrower”). In this Agreement, Crestmark and the Borrower are collectively the “Parties”. Any person who guaranties the obligations of Borrower (each a “Guarantor” and/or “Validity Guarantor”) is required to sign this Agreement. The Parties have the addresses shown on the Schedule which is attached to this Agreement. These are the addresses of the Parties for all purposes and may be changed by one party giving notice to the other party in writing of the new address.
