FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND DEMAND SECURED PROMISSORY NOTELoan and Security Agreement • August 20th, 2015 • Janel Corp • Services-business services, nec • Georgia
Contract Type FiledAugust 20th, 2015 Company Industry JurisdictionTHIS FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND DEMAND SECURED PROMISSORY NOTE (this "Amendment") is made and entered into this 18th day of August, 2015, by and between Janel Corporation, formerly known as Janel World Trade, Ltd., a Nevada corporation, and Janel Group, Inc. formerly known as The Janel Group of New York, a New York corporation, and The Janel Group of Illinois, an Illinois corporation, and The Janel Group of Georgia, a Georgia corporation, and The Janel Group of Los Angeles, a California corporation, and Janel Ferrara Logistics, LLC, a New Jersey limited liability company, and Alpha International, LP, a New York limited partnership, and PCL Transport, LLC, a New Jersey limited liability company (individually, jointly and severally, the "Borrower" or “Obligor”) with its chief executive office and principal place of business at 303 Merrick Road, Suite 400, Lynbrook, NY 11563, and Presidential Financial Corporation, a Georgia corporation (hereinafter referred to as