AMENDMENT NO. 2 TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • May 2nd, 2022 • Youngevity International, Inc. • Retail-catalog & mail-order houses
This Amendment No. 2 to the Amended and Restated Loan and Security Agreement ("Amendment") is made this 19th day of January, 2022, by and between CRESTMARK, A DIVISION OF METABANK, NATIONAL ASSOCIATION, whose address is 5480 Corporate Drive, Suite 350, Troy, Michigan 48098 ("Crestmark"), as assignee of Crestmark Bank, CLR ROASTERS, LLC, a Florida limited liability company, whose chief executive office is located at 2131 N.W. 72nd Avenue, Miami, Florida 33122 ("Borrower"), and YOUNGEVITY INTERNATIONAL, INC., a Delaware corporation, whose address is 2400 Boswell Rd., Chula Vista, CA 91914, STEPHAN R. WALLACH, an individual with an address at 12 Spinnaker Way, Coronado, CA 92118 and DAVID BRISKIE, an individual with an address at 415 Hendricks Isle, Fort Lauderdale, FL 33301 (individually and collectively referred to as "Guarantor"). This amends that certain Amended and Restated Loan and Security Agreement executed November 16, 2017, as amended by Amendment No. 1 dated December 29, 2017 (
FORBEARANCE AGREEMENTForbearance Agreement • May 2nd, 2022 • Youngevity International, Inc. • Retail-catalog & mail-order houses
THIS FORBEARANCE AGREEMENT (the "Agreement") is made as of the 4th day of April, 2022 (the "Effective Date"), by and between CRESTMARK, A DIVISION OF METABANK, NATIONAL ASSOCIATION, formerly known as Crestmark, a division of MetaBank, as assignee of Crestmark Bank ("Crestmark"), CLR ROASTERS, LLC, a Florida limited liability company ("Borrower''), and YOUNGEVITY INTERNATIONAL, INC., a Delaware corporation ("Youngevity''), STEPHAN R. WALLACH, an individual ("Wallach"), and DAVID BRISKlE, an individual ("Briskie", and together with Youngevity and Wallach, individually and collectively, the "Guarantor").
SECOND AMENDED AND RESTATED PROMISSORY NOTEYoungevity International, Inc. • May 2nd, 2022 • Retail-catalog & mail-order houses
This Second Amended and Restated Promissory Note ("Note") is made by the Borrower who has signed this Note. The Borrower promises to pay to the order of CRESTMARK, A DIVISION OF METABANK, NATIONAL ASSOCIATION ("Crestmark"), as assignee of Crestmark Bank, ON DEMAND, at its offices located at 5480 Corporate Drive, Suite 350, Troy, Michigan 48098 or at such other place as Crestmark or the person that then holds this Note designates in writing, the principal amount set forth above or such lesser or greater amount as may then be due under the Agreement (as defined below), plus interest, fees and expenses as hereinafter provided. All payments that are made must be made in lawful money of the United States of America in immediately available funds. Borrower does not have any right to offset, deduction, or counterclaim from the amount due.
