SECOND FORBEARANCE AGREEMENTForbearance Agreement • April 23rd, 2009 • Butler International Inc /Md/ • Services-help supply services • New York
Contract Type FiledApril 23rd, 2009 Company Industry JurisdictionTHIS SECOND FORBEARANCE AGREEMENT (this “Agreement”) is made and entered into as of April 20, 2009, by and among, BUTLER SERVICE GROUP, INC., a New Jersey corporation (“Borrower”), the other Credit Parties signatory hereto, the Lenders signatory hereto and GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“GECC”), as Lender and as administrative agent for the Lenders (in such capacity, the “Agent”) under the Credit Agreement (as hereinafter defined).