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Agreement

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Title:

Agreement

Entities:

New Horizons Worldwide Inc.; Bank of America, NA

Date:

2001

Size:

4KB total

Price:

$38

ID:

#860424

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BANK OF AMERICA

Amendment to Documents

AMENDMENT NO. 2 TO BUSINESS LOAN AGREEMENT

This Amendment No. 2 (the "Amendment") dated as of December 30, 1999, is between Bank of America, N.A. (the "Bank") and New Horizons Worldwide, Inc. (the "Borrower").

RECITALS

A. The Bank and the Borrower entered into a certain Business Loan Agreement dated as of August 23, 1999, as previously amended (the Agreement).

B. The Bank and the Borrower desire to further amend the Agreement.

AGREEMENT

1. Definitions. Capitalized terms used but not defined in this Amendment shall have the meaning given to them in the Agreement.

2. Amendments. The Agreement is hereby amended as follows:

2.1 Subparagraphs 2.1(b) of the Agreement is amended to read in its entirety as follows:

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