THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 13th, 2007 • Cti Industries Corp • Fabricated rubber products, nec • Illinois
THIS THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENT (the “Third Amendment”) is executed and entered into this 13th day of November, 2007 by and between CTI Industries Corporation, an Illinois corporation and CTI Helium, Inc., an Illinois corporation (collectively the “Borrower”) and RBS Citizens, N.A., successor by merger to Charter One Bank, N.A., a national banking association (“Bank”) and amends, as of the effective date hereof, the Loan and Security Agreement between the parties dated February 1, 2006, as amended by the First Amendment to Loan and Security Agreement dated June 28th, 2006 and the Second Amendment to Loan and Security Agreement dated December 6, 2006 (collectively the “Loan Agreement”). Capitalized terms used herein without definition shall have the meanings ascribed to them in the Loan Agreement.
