Emerging Vision Inc Watch

from 10-K 3 pages Manufacturers and Traders Trust Company

from 10-K 2 pages Manufacturers and Traders Trust Company Amended, Modified Extended and Restated Non-Revolving Line of Credit Note and Credit Agreement

from 8-K 6 pages Re: Absolute Assignment of Franchisee Notes and Proceeds Due (“Assignment of Franchisee Notes”), Assignment of Rents and Subleases (“Assignment of Rents”), Pledge Agreement (“Pledge Agreement”), and United States Trademark Collateral Assignment and Security Agreement (“Assignment of Trademarks”) Each Dated as of August 7, 2007 (Collectively, the “Security Documents”), Executed and Delivered by Emerging Vision, Inc. (“Borrower”) to Manufacturers and Traders Trust Company (The “Bank") in Connection With Loans Made to Emerging Vision, Inc. by Manufacturers and Traders Trust Company (Collectively, the “Loan”)

from 8-K 12 pages Re: M&T Bank With Emerging Vision, Inc. (The "Borrower") Limited Waiver and Amendment to Revolving Line of Credit Made Available by M&T Bank to the Borrower (The "Line of Credit” or the “Loan") the Bank Has Agreed to the Above Request Subject to the Following Conditions Precedent. Conditions to Effectiveness of Waiver. the Effectiveness of This Limited Waiver and Amendment Shall Be Subject to the Satisfaction of the Following Conditions Precedent: (A) Reduction of Outstanding Principal Payment. the Borrower Shall Have Paid a Principal Payment in the Amount of Two Hundred Thousand and 00/100 Dollars ($200,000.00) to the Lender to Reduce the Outstanding Balance Under Borrower’s Line of Credit;

from 8-K 18 pages Manufacturers and Traders Trust Company Non-Revolving Line of Credit Note and Credit Agreement

from 10-Q 3 pages Re: Reaffirmation of Absolute Assignment of Franchisee Notes and Proceeds Due, Assignment of Rents and Subleases, Pledge Agreement, and United States Trademark Collateral Assignment and Security Agreement (Collectively, the "Security Documents") Made to Manufacturers and Traders Trust Company (The “Bank") Dated as of August 7, 2007 in Connection With Loans Made to Emerging Vision, Inc. (“Borrower”) by Manufacturers and Traders Trust Company (Collectively, the “Loan”)

from 10-Q 3 pages Re: Reaffirmation of General Security Agreements (Collectively, the "Security Agreement") Made by Emerging Vision, Inc., Og Acquisition, Inc., Combine Buying Group, Inc. and 1725758 Ontario Inc. D/B/a the Optical Group to Manufacturers and Traders Trust Company (The “Bank") Dated as of August 7, 2007 in Connection With Loans Made to Emerging Vision, Inc. (“Borrower”) by Manufacturers and Traders Trust Company (Collectively, the “Loan”). Emerging Vision, Inc. By: /S/ Christopher G. Payan Christopher G. Payan, CEO Og Acquisition, Inc. By: /S/ Brian P. Alessi

from 10-Q 3 pages Re: M&T Bank With Emerging Vision, Inc. (The "Borrower") Limited Waiver and Amendment to Revolving Line of Credit Made Available by M&TBANK to the Borrower (The "Line of Credit” or the “Loan") Limited Waiver: Paragraph (H) (3) of the “Affirmative Covenants” Section of the Note Reads as Follows: (3) Maximum Funded Debt to EBITDA* as Follows: 4.0 as of 9/30/07 and 12/31/07; 3.75 as of 3/31/08, 6/30/08 and 9/30/08; 3.5 as of 12/31/08 and All Quarters Thereafter, to Be Tested Quarterly on a Trailing 12 Month Basis. *Note: EBITDA Shall Add Back Any Non-Cash Expense Associated With Compensation and/or Stock Awards. Funded Debt Shall Include Outstanding Balances Under the M&T Revolving Line of Credit Plus Related Party Debt Including the Combine Seller Note

from 8-K 3 pages Re: Reaffirmation of Absolute Assignment of Franchisee Notes and Proceeds Due, Assignment of Rents and Subleases, Pledge Agreement, and United States Trademark Collateral Assignment and Security Agreement (Collectively, the "Security Documents") Made to Manufacturers and Traders Trust Company (The “Bank") Dated as of August 7, 2007 in Connection With Loans Made to Emerging Vision, Inc. (“Borrower”) by Manufacturers and Traders Trust Company (Collectively, the “Loan”)

from 8-K 3 pages Re: Reaffirmation of General Security Agreements (Collectively, the "Security Agreement") Made by Emerging Vision, Inc., Og Acquisition, Inc., Combine Buying Group, Inc. and 1725758 Ontario Inc. D/B/a the Optical Group to Manufacturers and Traders Trust Company (The “Bank") Dated as of August 7, 2007 in Connection With Loans Made to Emerging Vision, Inc. (“Borrower”) by Manufacturers and Traders Trust Company (Collectively, the “Loan”). Emerging Vision, Inc. By: /S/Christopher G. Payan Christopher G. Payan, CEO Og Acquisition, Inc. By: /S/Christopher G. Payan Christopher G. Payan, CEO Combine Buying Group, Inc

from 8-K 3 pages Re: M&T Bank With Emerging Vision, Inc. (The "Borrower") Limited Waiver and Amendment to Revolving Line of Credit Made Available by M&TBANK to the Borrower (The "Line of Credit” or the “Loan") Limited Waiver: Paragraph (H) (3) of the “Affirmative Covenants” Section of the Note Reads as Follows: (3) Maximum Funded Debt to EBITDA* as Follows: 4.0 as of 9/30/07 and 12/31/07; 3.75 as of 3/31/08, 6/30/08 and 9/30/08; 3.5 as of 12/31/08 and All Quarters Thereafter, to Be Tested Quarterly on a Trailing 12 Month Basis. *Note: EBITDA Shall Add Back Any Non-Cash Expense Associated With Compensation and/or Stock Awards. Funded Debt Shall Include Outstanding Balances Under the M&T Revolving Line of Credit Plus Related Party Debt Including the Combine Seller Note

from 8-K 4 pages Manufacturers and Traders Trust Company Revolving Line of Credit Note and Credit Agreement

from 10-K ~10 pages A. Pursuant to a Credit Agreement, Dated as of the Date Hereof, by and Between Emerging Vision, Inc., a New York Corporation (The “Company”), and the Lender (As the Same May Be Amended, Modified, Restated or Supplemented From Time to Time, the “Credit Agreement”), the Company Will Receive Loans and Other Financial Accommodations From the Lender and Will Incur Obligations. B. the Guarantors, Being Members of a Group of Entities Affiliated With the Company and Being Engaged in Related Businesses Will Receive Direct and Indirect Benefits From Such Loans and Financial Accommodations. C. Each Guarantor Wishes to Grant the Lender Security and Assurance in Order to Secure the Payment and Performance by the Company of All of Its Present and Future Obligations, And, to That Effect, to Guaranty the Obligations as Set Forth Herein. Accordingly, Each Guarantor Hereby Agrees as Follows: 1. Guaranty

from 10-K 52 pages Credit Agreement Dated as of August 19, 2005 by and Between Emerging Vision, Inc. and Manufacturers and Traders Trust Company

from 8-K 52 pages Credit Agreement Dated as of August 19, 2005 by and Between Emerging Vision, Inc. and Manufacturers and Traders Trust Company

from 8-K ~10 pages A. Pursuant to a Credit Agreement, Dated as of the Date Hereof, by and Between Emerging Vision, Inc., a New York Corporation (The “Company”), and the Lender (As the Same May Be Amended, Modified, Restated or Supplemented From Time to Time, the “Credit Agreement”), the Company Will Receive Loans and Other Financial Accommodations From the Lender and Will Incur Obligations. B. the Guarantors, Being Members of a Group of Entities Affiliated With the Company and Being Engaged in Related Businesses Will Receive Direct and Indirect Benefits From Such Loans and Financial Accommodations. C. Each Guarantor Wishes to Grant the Lender Security and Assurance in Order to Secure the Payment and Performance by the Company of All of Its Present and Future Obligations, And, to That Effect, to Guaranty the Obligations as Set Forth Herein. Accordingly, Each Guarantor Hereby Agrees as Follows: 1. Guaranty

from 8-K ~50 pages Loan Agreement With Horizon Investors

from 10-K/A ~5 pages Loan Agreement Dated June 30, 1997

from 10-K ~5 pages Material contract

from 10-K ~5 pages Amendment to Loan Agreement