0001299933-09-002319 Sample Contracts

FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT
Credit Agreement • May 26th, 2009 • Avatar Holdings Inc • Operative builders

THIS FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) dated as of the 21st day of May, 2009, to the Amended and Restated Credit Agreement, dated as of March 27, 2008 (as heretofore amended, supplemented or otherwise modified, the “Credit Agreement”), by and among Avatar Properties Inc., a Florida corporation (the “Borrower”), Avatar Holdings Inc., a Delaware corporation (the “Guarantor”), the several lenders from time to time parties thereto (the “Lenders”), and Wachovia Bank, National Association, as administrative agent (the “Agent”) and as a Lender.

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