EXHIBIT 10.6
[COMPASS BANK LOGO]
February l0, 2003
▇▇. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, COO/CFO
▇▇▇▇ ▇▇▇▇▇▇▇▇ Transportation, Inc.
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇
▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Re: Security and Loan Agreement dated April 11, 2000 between Compass Bank
and ▇▇▇▇ ▇▇▇▇▇▇▇▇ Transportation Co., Inc.
Dear ▇▇▇▇▇▇▇:
Section 6.01 in the Loan Agreement dated April 11, 2000 and subsequent
amendments by and between Compass Bank and ▇▇▇▇ ▇▇▇▇▇▇▇▇ Transportation calls
for a debt service coverage ratio of 1.0:1.0 at the end of December 2002. We
herein waive that covenant requirement for the quarter and year ending December
31, 2002.
Thank you for the good relationship we have with ▇▇▇▇ ▇▇▇▇▇▇▇▇. I will be in
touch with you regarding changes needed in the existing covenants.
Sincerely,
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
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▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
City President