Exhibit 10.26
[Fleet Letterhead]
September 28, 1999
Xx. Xxxxxx X. Xxxxxxx, CFO
Uno Restaurant Corporation
000 Xxxxxxx Xxxx Xxxx
Xxxx Xxxxxxx, XX 00000
Re: AMENDMENT TO PERMITTED STOCK REPURCHASES, AS THAT TERM IS DEFINED IN
THE AMENDED AND RESTATED REVOLVING CREDIT AND TERM LOAN AGREEMENT
DATED NOVEMBER 4, 1997 BY AND AMONG UNO RESTAURANTS, INC. AND SAXET
CORPORATION, AS BORROWERS, FLEET NATIONAL BANK ("FLEET"), AS AGENT,
AND BANKBOSTON, N.A. ("BANKBOSTON") AS CO-AGENT.
Dear Bob:
This letter is to inform you that Fleet has approved your proposed change to the
definition of Permitted Stock Repurchase as follows:
"Permitted Stock Repurchase" shall mean the purchase by URC of shares of its
common stock from time to time (a) from the proceeds of Revolving Credit
Advances up to a maximum aggregate amount of $12,250,000 and 9b) as otherwise
approved by the Required Banks.
Very truly yours,
Fleet National Bank
/s/ XXXXX XXXXX
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by: Xxxxx Xxxxx, V.P.
