LOAN MODIFICATION AGREEMENTLoan Modification Agreement • May 16th, 2012 • Radiant Logistics, Inc • Arrangement of transportation of freight & cargo
Contract Type FiledMay 16th, 2012 Company IndustryThis First Loan Modification Agreement (“First Modification”) modifies the Loan Agreement dated December 1, 2011 (the “Agreement”) regarding a revolving line of credit in the current maximum principal amount of $19,000,000.00 (the “Loan”) executed by and among RADIANT LOGISTICS, INC., a Delaware corporation (“Parent”), RADIANT GLOBAL LOGISTICS, INC., a Washington corporation (formerly Airgroup Corporation) (“Radiant Global”), RADIANT LOGISTICS PARTNERS, LLC, a Delaware limited liability company, RADIANT TRANSPORTATION SERVICES, INC., a Delaware corporation (formerly Radiant Logistics Global Services, Inc.), ADCOM EXPRESS, INC., a Minnesota corporation, DBA DISTRIBUTION SERVICES, INC., a New Jersey corporation (“DBA Distribution”), and RADIANT CUSTOMS SERVICES, INC., a Washington corporation (on a joint and several basis referred to herein as “Borrower”), and Bank of America, N.A. (“Bank”). Terms used in this First Modification and defined in the Agreement shall have the meaning given t