AMENDMENT NO. 3 TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • May 21st, 2008 • Shells Seafood Restaurants Inc • Retail-eating places
This Amendment No. 3 (“Amendment No. 3”) to that certain Loan and Security Agreement dated as of March 9, 2005, as amended by Amendment No. 1, dated May 23, 2005 and Amendment No. 2, dated as of March 30, 2007 (as amended, the “Agreement”) is made as of May 20, 2008, by and among Shells Seafood Restaurants, Inc., a Delaware corporation (the “Company”), and the Lenders (as defined in the Agreement) parties thereto. Capitalized terms not herein defined shall have the meaning given to them in the Agreement.
