FIFTH AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • February 2nd, 2009 • Cti Industries Corp • Fabricated rubber products, nec • Illinois
THIS FIFTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (the “Fifth Amendment”) is executed and entered into this 30th day of January, 2009 by and between CTI Industries Corporation, an Illinois corporation and CTI Helium, Inc., an Illinois corporation (collectively the “Borrower”) and RBS Citizens, N.A., successor by merger to Charter One Bank, N.A., a national banking association (“Bank”) and amends, as of the effective date hereof, the Loan and Security Agreement between the parties dated February 1, 2006, as amended by the First Amendment to Loan and Security Agreement dated June, 2006, the Second Amendment to Loan and Security Agreement dated December 6, 2006, the Third Amendment to Loan and Security Agreement dated November 13, 2007, and the Fourth Amendment to Loan and Security Agreement dated April 15, 2008 (collectively the “Loan Agreement”). Capitalized terms used herein without definition shall have the meanings ascribed to them in the Loan Agreement.
