FIRST AMENDMENT TO CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • November 14th, 2014 • Charles & Colvard LTD • Jewelry, silverware & plated ware • Georgia
This First Amendment to Credit and Security Agreement, dated as of September 16, 2014 (this “Agreement”), is made by and among WELLS FARGO BANK, NATIONAL ASSOCIATION (“Lender”), CHARLES & COLVARD, LTD., a North Carolina corporation (“Parent”), CHARLES & COLVARD DIRECT, LLC, a North Carolina limited liability company (“C&C Direct”), and MOISSANITE.COM, LLC, a North Carolina limited liability company (“Moissanite”; Parent, C&C Direct and Moissanite are sometimes referred to herein individually as a “Borrower” and collectively as the “Borrowers”).
