AMENDED & RESTATED LOAN AGREEMENTLoan Agreement • August 11th, 2008 • A.C. Moore Arts & Crafts, Inc. • Retail-hobby, toy & game shops
This Agreement amends and restates in its entirety that certain Loan Agreement dated as of October 28, 2003, as subsequently amended by a Promissory Note and Loan Modification Agreement, dated February 22, 2006, a Promissory Note and Loan Modification Agreement, dated May 1, 2006, a Promissory Note and Loan Modification Agreement, dated March 12, 2007, and a Promissory Note and Loan Modification Agreement dated January 24, 2008, and applies to the loan or loans (individually and collectively, the “Loan”) evidenced by one or more promissory notes, of even date, or other notes subject hereto, as modified from time to time (whether one or more, the “Note”), the commercial letters of credit and standby letters of credit issued hereunder (each, a “Letter of Credit” and collectively, the “Letters of Credit”) and all Loan Documents.
FIRST AMENDMENT TO EMPLOYMENT LETTEREmployment Letter • August 11th, 2008 • A.C. Moore Arts & Crafts, Inc. • Retail-hobby, toy & game shops
FIRST AMENDMENT, dated as of August 6, 2008 (this “ First Amendment”) to EMPLOYMENT LETTER, dated as of November 28, 2007 ( the “Employment Letter”) between A.C. Moore Arts & Crafts, Inc., a Pennsylvania corporation (“Company”), and Joseph A. Jeffries (“Executive”). Capitalized terms used herein and not defined herein shall have the respective meanings set forth for such terms in the Employment Letter.
AMENDMENT TO LOAN DOCUMENTSLoan Documents • August 11th, 2008 • A.C. Moore Arts & Crafts, Inc. • Retail-hobby, toy & game shops • New Jersey
THIS AMENDMENT TO LOAN DOCUMENTS (this “Amendment”) is made as of May 31, 2008, by and between A.C. MOORE ARTS & CRAFTS, INC., a Pennsylvania corporation with an address of 130 A.C. Moore Drive, Berlin, New Jersey 08009, A.C. MOORE INCORPORATED, a Virginia corporation, with an address of 130 A.C. Moore Drive, Berlin, New Jersey 08009, MOORESTOWN FINANCE, INC., a Delaware corporation, with an address of 103 Foulk Road, Suite 200, Wilmington, Delaware 19803, BLACKWOOD ASSETS, INC., a Delaware corporation, with an address of 103 Foulk Road, Suite 200, Wilmington, Delaware 19803, and A.C. MOORE URBAN RENEWAL, LLC, a New Jersey limited liability company, with an address of 130 A.C. Moore Drive, Berlin, New Jersey 08009 (the “Borrower”), and WACHOVIA BANK, NATIONAL ASSOCIATION (the “Bank”) with an address at 190 River Road, Summit, New Jersey 07901.
