| Effective September 29, Phoenix Footwear Group and its subsidiaries together with Wells Fargo Bank, National Association, entered into a second amendment to forbearance agreement and third amendment to credit and security agreement. The amendment amends and modifies certain terms of the credit and security agreement dated June 10, 2008, as amended by the forbearance agreement and first amendment to credit and security agreement dated July 7 and the first amendment to forbearance agreement and second amendment to credit and security agreement dated July 24, among Phoenix Footwear and its subsidiaries and Wells Fargo. :theflyonthewall.com |