Unassociated Document


    Exhibit
      10.17

    


    AMENDMENT
      NO. 8 TO LOAN AGREEMENT

    


    


    This
      Amendment No. 8 (the "Amendment") dated as of April 19, 2007, is between Bank
      of
      America, N.A. (the "Bank") and Sport Chalet, Inc. (the "Borrower").

    


    	(a)  	
            RECITALS

          


    


    A.
      The
      Bank and the Borrower entered into a certain Business Loan Agreement dated
      as of
      June 19, 1998 (together with any previous amendments, the
      "Agreement").

    


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

    


    	(b)  	
            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  
                

            	
              Paragraph
                2.1(a) of the Agreement is hereby amended to read in its entirety
                as
                follows:

            


    

    


    
      	 	
              “(a)

            	
              During
                the availability period described below, the Bank will provide a
                line of
                credit to the Borrower. The amount of the line of credit (the
                'Commitment') from the date of Amendment No. 8 through June 30, 2007
                will
                be Twenty Five Million and 00/100 Dollars ($25,000,000.00). From
                July 1,
                2007 and thereafter, the amount of the line credit will be Twenty
                Million
                and 00/100 Dollars ($20,000,000.00), provided, however, that the
                Commitment shall be Thirty Five Million and 00/100 Dollars
                ($35,000,000.00) during the period of October 1 through and including
                December 31 of each year.”

            


    

    


    3.
      Representations
      and Warranties.
      When
      the Borrower signs this Amendment, the Borrower represents and warrants to
      the
      Bank that: (a) there is no event which is, or with notice or lapse of time
      or
      both would be, a default under the Agreement except those events, if any, that
      have been disclosed in writing to the Bank or waived in writing by the Bank
      (b)
      the representations and warranties in the Agreement are true as of the date
      of
      this Amendment as if made on the date of this Amendment, (c) this Amendment
      does
      not conflict with any law, agreement, or obligation by which the Borrower is
      bound, and (d) if the Borrower is a business entity or a trust, this Amendment
      is within the Borrower's powers, has been duly authorized, and does not conflict
      with any of the Borrower's organizational papers.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    


    4.
      Effect
      of Amendment.
      Except
      as provided in this Amendment, all of the terms and conditions of the Agreement
      shall remain in full force and effect.

     

    5.
      Counterparts.
      This
      Amendment may be executed in counterparts, each of which when so executed shall
      be deemed an original, but all such counterparts together shall constitute
      but
      one and the same instrument.

     

    6.
      FINAL
      AGREEMENT.
      BY SIGNING THIS DOCUMENT EACH PARTY REPRESENTS AND AGREES THAT: (A) THIS
      DOCUMENT REPRESENTS THE FINAL AGREEMENT BETWEEN PARTIES WITH RESPECT TO THE
      SUBJECT MATTER HEREOF, (B) THIS DOCUMENT SUPERSEDES ANY COMMITMENT LETTER,
      TERM
      SHEET OR OTHER WRITTEN OUTLINE OF TERMS AND CONDITIONS RELATING TO THE SUBJECT
      MATTER HEREOF, UNLESS SUCH COMMITMENT LETTER, TERM SHEET OR OTHER WRITTEN
      OUTLINE OF TERMS AND CONDITIONS EXPRESSLY PROVIDES TO THE CONTRARY, (C) THERE
      ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES, AND (D) THIS DOCUMENT
      MAY
      NOT BE CONTRADICTED BY EVIDENCE OF ANY PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT
      ORAL AGREEMENTS OR UNDERSTANDINGS OF THE PARTIES.

     

    


    This
      Amendment is executed as of the date stated at the beginning of this
      Amendment.

     

    
      	 	 	 
	 	BANK:
	 	 
	 	Bank of America,
              N.A.
	 
 	 
 	 
 
	 	By:  	Matthew
              Koenig,
	 	
              

              Authorized
                Signer

            


    

    
       

      
        	 	 	 
	 	BORROWER(S):
	 	 
	 	Sport Chalet,
                Inc.
	 
 	 
 	 
 
	 	By:  	/s/
                Howard Kaminsky
	 	
                

                Howard
                  Kaminsky, Executive vice President-Finance, 

                Chief
                  Financial Officer and Secretary