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Revolving Loan Agreement

Retailer Agreement

Revolving Loan Agreement You are currently viewing:
This Retailer Agreement involves

FRESH CHOICE INC | Mid-Peninsula Bank,

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Title: Revolving Loan Agreement
Date: 3/18/2004
Industry: EATING     Sector: SERVIC

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Exhibit 10

Exhibit 10.64

November 19, 2003

David E. Pertl, Senior Vice President & Chief Financial Officer
Fresh Choice, Inc.
485 Cochrane Circle
Morgan Hill, Ca 95037

Dear David,

In response to your recent request, Mid-Peninsula Bank, subject to your acceptance and acknowledgement, hereby agrees to amend our Revolving Loan Agreement with Fresh Choice, Inc. dated October 5, 2001 (as amended June 3, 2002 and subsequently amended as of December 10, 2002, April 7, 2003, and August 13, 2003) as follows:

Section 4.7

Net Worth Ratio.

 

At all times, maintain a ratio of Debt to Tangible Net Worth of not greater than 1.00 to 1.00.

 

 

Section 4.8

Other Ratio.

 

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