Tel. 925.256,9003 FAX 925.256.9021 www.baybizcr.com Mr. Christopher Reed, President. Reed's, Inc. 13000 S. Spring Street Los Angeles, Ca 90061 Re: Line Increase Dear Mr. Reed, The Loan And Security Agreement between Bay Business Credit and Reed's,...
Exhibit 10.17
October 21, 2004
BAY BUSINESS CREDIT
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Tel. 925.256,9003
FAX ▇▇▇.▇▇▇.▇▇▇▇
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Mr. ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, President.
▇▇▇▇'▇, Inc.
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Re: Line Increase
Dear ▇▇. ▇▇▇▇,
The Loan And Security Agreement between Bay Business Credit and ▇▇▇▇'▇, Inc.
dated June 2, 2003 shall be amended upon receipt by Bay Business Credit of one
copy of this executed amendment and a 1% fee on the amount of the increase.
Paragraph 1. Loans is amended to provide "Maximum Aggregate Line of
$1,100,000-00. (***0NE MILLION ONE HUNDRED THOUSAND DOLLARS***)..."
In all other respects the Loan And Security Agreement shall remain the
unchanged.
Very Truly Yours,
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
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President
Acknowledged and Agreed
▇▇▇▇'▇ Inc.
By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇
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President