EXHIBIT 10.4

 

AMENDMENT NO. 4 TO BRIDGE LOAN AGREEMENT

 

AMENDMENT NO. 4 TO BRIDGE LOAN AGREEMENT (“Amendment”), dated effective
August 10, 2009, is made by and among Granite City Food & Brewery Ltd. (“Granite
City”), and Granite City Restaurant Operations, Inc. (“GCROI”) and Harmony
Equity Income Fund, L.L.C. and Harmony Equity Income Fund II, L.L.C., each South
Dakota limited liability companies.

 

RECITALS

 

1.                                       This Amendment amends the Bridge Loan
Agreement by and among the foregoing parties dated March 30, 2009 (as amended,
the “Agreement”).

 

2.                                       All capitalized terms used in this
Amendment and not otherwise defined shall have the meanings set forth in the
Agreement.

 

3.                                       The parties hereto desire to extend the
date by which the Lenders are required to make additional loans to the
Borrowers.

 

In consideration of the foregoing, the parties hereto agree as follows:

 

(a)           Loans.  The reference to “April 30, 2009” in Section 2.1 of the
Agreement is hereby replaced with “September 30, 2009.”

 

(b)           Remainder of Agreement.  Except as provided herein, the terms of
the Agreement unaffected by the Amendment shall remain in full force and effect.

 

[Signature Pages Follow]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
as of the date first above written.

 

BORROWERS:

 

GRANITE CITY FOOD & BREWERY LTD.

 

 

 

 

 

 

 

 

By:

/s/ James G. Gilbertson

 

 

 

Name: James G. Gilbertson

 

 

 

Its: Chief Financial Officer

 

 

 

 

 

Address for Notices:

 

 

5402 Parkdale Drive, Suite 101

 

 

Minneapolis, MN 55416

 

 

 

 

 

 

 

 

GRANITE CITY RESTAURANT OPERATIONS, INC.

 

 

 

 

 

 

 

 

By:

/s/ James G. Gilbertson

 

 

 

Name: James G. Gilbertson

 

 

 

Its: Chief Financial Officer

 

 

 

 

 

Address for Notices:

 

 

5402 Parkdale Drive, Suite 101

 

 

Minneapolis, MN 55416

 

 

 

 

 

 

ADMINISTRATIVE AGENT:

 

HARMONY EQUITY INCOME FUND, L.L.C.

 

 

 

 

 

 

 

 

By:

/s/ Eugene E. McGowan

 

 

 

Name: Eugene E. McGowan

 

 

 

Its: Managing Member

 

 

 

 

 

Address for Notices:

 

 

201 S. Phillips Avenue, Suite 100

 

 

Sioux Falls, SD 57104

 

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LENDERS:

 

HARMONY EQUITY INCOME FUND, L.L.C.

 

 

 

 

 

 

 

 

By:

/s/ Eugene E. McGowan

 

 

 

Name: Eugene E. McGowan

 

 

 

Its: Managing Member

 

 

 

 

 

Address for Notices:

 

 

201 S. Phillips Avenue, Suite 100

 

 

Sioux Falls, SD 57104

 

 

 

 

 

 

 

 

HARMONY EQUITY INCOME FUND, L.L.C.

 

 

 

 

 

 

 

 

By:

/s/ Eugene E. McGowan

 

 

 

Name: Eugene E. McGowan

 

 

 

Its: Managing Member

 

 

 

 

 

 

Address for Notices:

 

 

201 S. Phillips Avenue, Suite 100

 

 

Sioux Falls, SD 57104

 

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