Exhibit 10.2 THE BANK LOAN MODIFICATION/RENEWAL AGREEMENT K-TRON AMERICA, INC. Routes 55 & 553 Pitman, NJ 08071Loan Modification/Renewal Agreement • August 16th, 2004 • K Tron International Inc • Industrial instruments for measurement, display, and control
WHEREAS, the note, security agreement and commitment letter executed by the borrower allow a modification of interest rate, due date or other terms or conditions without affecting the priority of The Bank's lien.
THE BANK LOAN MODIFICATION/RENEWAL AGREEMENT K-TRON AMERICA, INC. Routes 55 & 553 Pitman, NJ 08071Loan Modification/Renewal Agreement • October 31st, 2005 • K Tron International Inc • Industrial instruments for measurement, display, and control
WHEREAS, the note, security agreement and commitment letter executed by K-Tron America, Inc. (“Borrower”) and K-Tron International, Inc. (“Guarantor”) allow a modification of interest rate, due date or other terms or conditions without affecting the priority of The Bank’s lien.
