Second Amendment to Loan and Security Agreement (June 17th, 2016)
THIS SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT (this "Amendment"), dated as of May 29, 2016 (the "Amendment Date"), is made between (i) ENGLOBAL CORPORATION, a Nevada corporation ("ENGlobal Holdings"), ENGLOBAL U.S., INC., a Texas corporation ("ENGlobal U.S."), and ENGLOBAL GOVERNMENT SERVICES, INC., a Texas corporation ("ENGlobal Government;" ENGlobal Government, together with ENGlobal U.S. and ENGlobal Holdings, and together with any Subsidiary that becomes a "Borrower" hereafter pursuant to the operation and effect of Section 7.12, hereinafter sometimes collectively called "Borrowers" and individually called a "Borrower"); (ii) ENGLOBAL INTERNATIONAL, INC., a corporation organized under the BVI Business Companies Act of 2004, as amended ("ENGlobal International") and ENGLOBAL EMERGING MARKETS, INC., a Texas corporation ("ENGlobal Emerging Markets;" ENGlobal Emerging Markets, together with ENGlobal International, and together with any Subsidiary that becomes a "Subsidiary Guara
Revolving Note (September 17th, 2014)
FOR VALUE RECEIVED, the undersigned ("Borrowers"), each jointly and severally, promises to pay to the order of REGIONS BANK ("Lender") at the place and times provided in the Loan Agreement referred to below, the principal sum of TEN MILLION DOLLARS ($10,000,000) or the principal amount of all Revolving Loans made by Lender from time to time pursuant to that certain Loan and Security Agreement dated as of September 16, 2014, by and between Borrowers and Lender, among others (as the same may be amended, restated, supplemented, or otherwise modified from time to time, the "Loan Agreement"). Capitalized terms used herein and not defined herein shall have the meanings assigned thereto in the Loan Agreement.
Key Executive Employment Agreement (December 20th, 2012)
THIS KEY EXECUTIVE EMPLOYMENT AGREEMENT (the "Agreement"), effective December 18, 2012, is between ENGlobal Corporation, a Nevada corporation (the "Company"), and Mark Hess, a resident of Houston, Texas (the "Executive"). The Company and the Executive agree as follows:
PNC Bank, National Association 2100 Ross Avenue, Suite 1850 Dallas, Texas 75201 November 14, 2012 (November 19th, 2012)
PNC Bank, National Association 2100 Ross Avenue, Suite 1850 Dallas, Texas 75201 October 30, 2012 (November 19th, 2012)