SEC Contract Filing

Filing Date: 2020-05-14

Document Content:
<DOCUMENT>
<TYPE>EX-10.28
<SEQUENCE>7
<FILENAME>ctrn-20200201ex1028693c0.htm
<DESCRIPTION>EX-10.28
<TEXT>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:12pt;">Exhibit 10.28</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;text-decoration:underline;">SECOND AMENDMENT TO CREDIT AGREEMENT AND WAIVER</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">SECOND AMENDMENT TO CREDIT AGREEMENT AND WAIVER (this &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;text-decoration:underline;">Second Amendment</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">&#x201D;) dated as of May 12, 2020 by and among</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">CITI TRENDS, INC., a corporation organized under the laws of the State of Delaware, (the &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;text-decoration:underline;">Borrower</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">&#x201D;);</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">The GUARANTORS party hereto; and</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">BANK OF AMERICA, N.A., a national banking association (the &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;text-decoration:underline;">Lender</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">&#x201D;)</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">in consideration of the mutual covenants herein contained and benefits to be derived herefrom.</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">W I T N E S S E T H:</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">WHEREAS, the Loan Parties and the Lender have entered into a certain Credit Agreement dated as of October 27, 2011 (as amended, amended and restated, restated, supplemented or modified to the date hereof, the &#x201C;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;text-decoration:underline;">Credit Agreement</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">&#x201D;);</font>
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 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;">WHEREAS, the Loan Parties have failed to comply with (i) </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;text-decoration:underline;">Section 6.01(a)</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;"> of the Credit Agreement by failing to deliver to the Lender the documents required by such Section for the Fiscal Year ending February 1, 2020 within the timeframe required by such Section, (ii) </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;text-decoration:underline;">Section 6.02(a)</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;"> of the Credit Agreement by failing to deliver the Compliance Certificate for the Fiscal Year ending February 1, 2020 within the timeframe required by such Section and (iii) </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;text-decoration:underline;">Section 6.03(a)</font><font style="display:inline;font-family:Ti