Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
JOB > SEC Filings for JOB > Form 8-K on 29-Apr-2014All Recent SEC Filings

Show all filings for GENERAL EMPLOYMENT ENTERPRISES INC

Form 8-K for GENERAL EMPLOYMENT ENTERPRISES INC


29-Apr-2014

Entry into a Material Definitive Agreement


Item 1.01 Entry into a Material Definitive Agreement

On April 28, 2014, General Employment Enterprises, Inc. (the "Company") and Keltic Financial Partners II, LP ("Keltic") entered into a First Amendment and Waiver to the Loan and Security Agreement between the Company, the Company's subsidiaries, and Keltic (the "Amendment"). The Amendment, which is effective as of December 31, 2013, modifies the EBITDA covenant in the Loan and Security Agreement between the parties dated September 27, 2013 (the "Original Agreement") and contains a waiver by Keltic of any default(s) by the Company under the Original Agreement. In consideration of the foregoing modification the Company paid Keltic $15,000. Concurrently with the execution of the Amendment, the Company's subsidiaries and Michael Schroering, a director of the Company, and Andy Norstrud, the Company's Chief Executive Officer, executed a reaffirmation agreement.


  Add JOB to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for JOB - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.