FIRST AMENDMENT TO CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • July 6th, 2010 • Physicians Formula Holdings, Inc. • Perfumes, cosmetics & other toilet preparations • California
THIS FIRST AMENDMENT TO CREDIT AND SECURITY AGREEMENT (the “Amendment”), dated as of June 29, 2010, is entered into by and among PHYSICIANS FORMULA, INC., a New York corporation (“Company”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), acting through its Wells Fargo Business Credit operating division.
ACKNOWLEDGEMENTAcknowledgement • July 6th, 2010 • Physicians Formula Holdings, Inc. • Perfumes, cosmetics & other toilet preparations
THIS ACKNOWLEDGEMENT (this “Acknowledgment”) is made as of this 29th day of June, 2010, by MILL ROAD CAPITAL, L.P., a Delaware limited partnership (“Mill Road”), and PHYSICIANS FORMULA, INC., a New York corporation, (“Company”) in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), with reference to the following:
