AMENDMENT TO CREDIT AGREEMENT AND CONSENTCredit Agreement and Consent • February 20th, 2009 • Jaco Electronics Inc • Wholesale-electronic parts & equipment, nec
The CIT Group/Business Credit, Inc. (“CIT”), in its capacity as agent pursuant to the Credit Agreement (as hereinafter defined) acting for and on behalf of the financial institutions which are parties thereto as lenders (in such capacity, “Agent”), CIT, Bank of America, N.A. and the other financial institutions which are parties to the Credit Agreement as lenders (each a “Lender” and collectively, “Lenders”) have entered into certain financing arrangements pursuant to which Agent and Lenders may make loans and advances and provide other financial accommodations to Jaco Electronics, Inc., a New York corporation (“Jaco”), and Interface Electronics Corp., a Massachusetts corporation (“Interface”; and together with Jaco, collectively, “Borrowers”) as set forth in the Credit Agreement, dated as of December 22, 2006, by and among Borrowers, Agent and Lenders (as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, the “Credit Agree
