THIRD FORBEARANCE AGREEMENTForbearance Agreement • May 4th, 2009 • Butler International Inc /Md/ • Services-help supply services • New York
THIS THIRD FORBEARANCE AGREEMENT (this “Agreement”) is made and entered into as of April 27, 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).
