Exhibit 10.2
AMENDMENT NO. 2 TO REVOLVING
CREDIT AGREEMENT
THIS AMENDMENT NO. 2 TO REVOLVING
CREDIT AGREEMENT, dated as of May 11, 2006, amends the
Revolving Credit Agreement dated as of November 8, 2005, as
amended by Amendment No. 1 to Revolving Credit Agreement dated
as of March 28, 2006 (as so amended, the “Credit
Agreement”), between Centennial Bank Holdings, Inc., a
Delaware corporation (the “Borrower”), and U.S. Bank
National Association (the “Lender”).
RECITAL
The Borrower and the Lender desire
to amend the Credit Agreement as provided below.
AGREEMENTS
In consideration of the promises and
agreements contained in the Credit Agreement, as amended hereby,
the Borrower and the Lender agree as follows:
1. Definitions and References
. Capitalized terms not otherwise defined herein have the meanings
ascribed to them in the Credit Agreement. Upon the execution and
delivery of this Amendment No. 2 to Revolving Credit Agreement
(“Amendment No. 2”) by the Borrower and the
Lender, any reference to the Credit Agreement contained in the
Credit Agreement, the Note, the Pledge Agreement or any other
document relating thereto means the Credit Agreement as amended by
this Amendment No. 2.
2. Amendments to Credit
Agreement .
(a) Subsection 5.2(c) of the Credit
Agreement is amended to read as follows:
(c) Certificates .
Contemporaneously with the furnishing of a copy of each annual
report and of each quarterly statement provided for in
thi