May 19, 2014 Great American Group, Inc. Attn: Chief Financial Officer 21860 Burbank Blvd. Suite 300 South Woodland Hills, CA 91367 Re: Great American, Inc. – Letter Agreement for Satisfaction and Discharge of Credit Documents Dear Phillip:Letter Agreement for Satisfaction and Discharge of Credit Documents • May 19th, 2014 • Great American Group, Inc. • Services-business services, nec • New York
Contract Type FiledMay 19th, 2014 Company Industry JurisdictionReference is made to that certain Subordinated Unsecured Promissory Note, dated as of July 31, 2009, between Andrew Gumaer (“Creditor”) and Great American Group, Inc., a Delaware corporation (the “Company”), as amended, restated or modified from time to time (the “Promissory Note”).