Forbearance Agreement and Amendment to Loan Agreement Sample Contracts

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FIRST AMENDED AND RESTATED FORBEARANCE AGREEMENT AND FOURTH AMENDMENT TO LOAN AGREEMENT
Forbearance Agreement and Amendment to Loan Agreement • May 4th, 2010 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers • Wisconsin

This First Amended and Restated Forbearance Agreement and Fourth Amendment to Loan Agreement, dated December 8, 2009, is among Johnson Bank (the “Bank”), Jefferson Electric, Inc. (“Borrower”), Thomas Klink (“Guarantor”) and Diane M. Klink (“Diane Klink,” and together with the Borrower and Guarantor, the “Borrower Parties”).

FORBEARANCE AGREEMENT AND AMENDMENT TO LOAN AGREEMENT
Forbearance Agreement and Amendment to Loan Agreement • May 1st, 2009 • American Defense Systems Inc • Miscellaneous transportation equipment • Virginia

This FORBEARANCE AGREEMENT AND AMENDMENT TO LOAN AGREEMENT (this “Agreement”) is entered into as of April 27, 2009, by and among AMERICAN DEFENSE SYSTEMS, INC., a Delaware corporation (the “Company”), A. J. PISCITELLI & ASSOCIATES, INC., a New York corporation (“AJP”, and together with the Company, the “Original Borrowers”), AMERICAN PHYSICAL SECURITY GROUP, LLC, a Delaware limited liability company (“APS’, and together with the Original Borrowers, the “Borrowers”) and TD BANK, N.A., a national banking association, and successor by merger to COMMERCE BANK, N.A (the “Lender”).

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