CKE RESTAURANTS INC
EX-10.1
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exhibit1.htm
<DESCRIPTION>EX-10.1
<TEXT>
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<P align="right" style="font-size: 10pt"><FONT style="font-size: 12pt"><B>Exhibit&nbsp;No.&nbsp;10.1</B></FONT>



<P align="center" style="font-size: 12pt"><U>ADDITIONAL LOAN AND SECOND AMENDMENT TO</U>



<P align="center" style="font-size: 12pt"><U>SEVENTH AMENDED AND RESTATED CREDIT AGREEMENT</U>



<P align="left" style="font-size: 12pt; text-indent: 8%">This ADDITIONAL LOAN AND SECOND AMENDMENT TO SEVENTH AMENDED AND RESTATED CREDIT AGREEMENT,
dated as of August&nbsp;27, 2007 (this &#147;<U>Amendment</U>&#148;), is made and entered into by and among CKE
Restaurants, Inc., a Delaware corporation (the &#147;<U>Borrower</U>&#148;), BNP Paribas, as administrative
agent (in such capacity, the &#147;<U>Administrative Agent</U>&#148;), the lenders signatory hereto as
Additional Term Lenders (each an &#147;<U>Additional Term Lender</U>&#148;) and the Lenders signatory
hereto, in connection with that certain Seventh Amended and Restated Credit Agreement, dated as of
March&nbsp;27, 2007 (as amended, restated, supplemented or otherwise modified from time to time, the
"<U>Credit Agreement</U>&#148;), by and among the Borrower, the Administrative Agent, the lenders party
thereto and the other parties thereto. Capitalized terms used herein and not otherwise defined
herein shall have the meaning assigned to such terms in the Credit Agreement (as amended by this
Amendment).


<P align="center" style="font-size: 12pt"><U>RECITALS</U>



<P align="left" style="font-size: 12pt; text-indent: 8%">Pursuant to Section&nbsp;2.23 of the Credit Agreement, the Borrower may from time to time request
Additional Loans in an aggregate principal amount not to exceed $100,000,000 (such amount, the
&#147;<U>Maximum Additional Loan Amount</U>&#148;), subject to the terms and conditions set forth therein.


<P align="left" style="font-size: 12pt; text-indent: 8%">Pursuant to the Additional Loan and First Amendment to Seventh Amended and Restated Credit
Agreement dated as of May&nbsp;3, 2007, by and among Borrower, Administrative Agent and the lenders
party thereto, Borrower received proceeds of Additional Term Loans in an aggregate principal amount
of $50,000,000.


<P align="left" style="font-size: 12pt; text-indent: 8%">The Borrower has requested that Lenders amend the Credit Agreement to (i)&nbsp;increase the Maximum
Additional Loan Amount to $150,000,000, and (ii)&nbsp;increase the maximum amount of Capital Stock the
Borrower is permitted to repurchase as provided herein, and Required Lenders have agreed, subject
to the terms and conditions set forth herein, to amend the Credit Agreement to permit such
increases.


<P align="left" style="font-size: 12pt; text-indent: 8%">The Borrower has requested that the Lenders waive the requirement that the Borrower give
Administrative Agent not less than 10 Business Days advance written notice of its request for
Additional Term Loans set forth in Section&nbsp;2.23(b) of the Credit Agreement (the &#147;<U>Specified
Waiver</U>&#148;), and Required Lenders and Administrative Agent have agreed, subject to the terms and
conditions set forth herein, to grant the Specified Waiver.


<P align="left" style="font-size: 12pt; text-indent: 8%">The Borrower has requested Additional Term Loans in an aggregate principal amount of
$100,000,000 and the Additional Term Lenders have agreed, subject to the terms and conditions set
forth herein, to make such Additional Term Loans to the Borrower.


<P align="center" style="font-size: 12pt"><U>AGREEMENT</U>



<P align="left" style="font-size: 12pt; text-indent: 8%">NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree
as follows:


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;1. <U>Waiver</U>. Subject to satisfaction of the conditions precedent set forth in
Section&nbsp;3, the Required Lenders and Administrative Agent grant the Specified Waiver. Except as
specifically set forth in this Amendment, the execution, delivery and effectiveness of this
Amendment shall not, (a)&nbsp;limit, impair, constitute a waiver by, or otherwise affect any right,
power or remedy of, the Administrative Agent or any Lender under the Credit Agreement or any other
Loan Document, (b)&nbsp;constitute a waiver of any provision in the Credit Agreement or in any other
Loan Document or of any Default or Event of Default that may have occurred and be continuing, or
(c)&nbsp;except as expressly provided herein, alter, modify, amend or in any way affect any of the
terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or in any
other Loan Document, all of which are ratified and affirmed in all respects and shall continue in
full force and effect.


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;2. <U>Amendments to Credit Agreement</U>.


<P align="left" style="font-size: 12pt; text-indent: 12%">(a)&nbsp;The Borrower, Administrative Agent and Required Lenders hereby agree that:


<P align="left" style="font-size: 12pt; text-indent: 8%">(i)&nbsp;The definition of &#147;Junior Recapitalization Amount&#148; contained in Section&nbsp;1.1 of the Credit
Agreement is hereby amended by (A)&nbsp;deleting the reference to &#147;$220,000,000&#148; contained therein and
substituting &#147;$270,000,000&#148; therefor, and (B)&nbsp;deleting the reference to &#147;the previous fiscal year
of the Borrower&#148; contained therein and substituting &#147;the 2007 fiscal year of the Borrower and each
fiscal quarter ended thereafter, in each case&#148; therefor.


<P align="left" style="font-size: 12pt; text-indent: 8%">(ii)&nbsp;Section&nbsp;2.23 of the Credit Agreement is amended by deleting the reference to
&#147;$100,000,000&#148; contained therein and substituting &#147;$150,000,000&#148; therefor.


<P align="left" style="font-size: 12pt; text-indent: 8%">(iii)&nbsp;Section&nbsp;7.7(d) of the Credit Agreement is amended by inserting &#147;(without duplication of
amounts already applied to reduce the Junior Recapitalization Amount)&#148; immediately after the
reference to &#147;the cumulative amount&#148; contained therein.


<P align="left" style="font-size: 12pt; text-indent: 12%">(b)&nbsp;The Borrower and the Additional Term Lenders party hereto hereby agree that:


<P align="left" style="font-size: 12pt; text-indent: 8%">(i)&nbsp;the Commitment (the &#147;<U>August&nbsp;2007 Commitment</U>&#148;) of the Additional Term Lender and
the aggregate amount of the Additional Term Loans which shall be borrowed (the &#147;<U>August&nbsp;2007
Term Loans</U>&#148;) pursuant to this Amendment and Section&nbsp;2.23 of the Credit Agreement (as amended by
this Amendment) shall be in an aggregate principal amount of $100,000,000; and


<P align="left" style="font-size: 12pt; text-indent: 8%">(ii)&nbsp;the August&nbsp;2007 Term Loans shall be made by the Additional Term Lenders on the first date
on which the conditions set forth in Sections&nbsp;2.23 and 4.2 of the Credit Agreement and Section&nbsp;2
hereof have been satisfied in full (the &#147;<U>Additional Loan Effective Date</U>&#148;).


<P align="left" style="font-size: 12pt; text-indent: 12%">(c)&nbsp;The Borrower and the Additional Term Lender hereby agree that each August&nbsp;2007 Term Loan
funded pursuant to this Amendment will have the same ranking and all other terms as the Term Loans,
except that the August&nbsp;2007 Term Loans shall accrue interest from and including the Additional Loan
Effective Date, and from and after the Additional Loan Effective Date, the Additional Term Lender
will be a Lender and a Term Loan Lender for any and all purposes under the Credit Agreement.


<P align="left" style="font-size: 12pt; text-indent: 12%">(d)&nbsp;To give effect to the August&nbsp;2007 Term Loans, the parties hereto agree that:


<P align="left" style="font-size: 12pt; text-indent: 8%">(i)&nbsp;Section&nbsp;1.1 of the Credit Agreement is amended by adding the following new definitions
thereto in alphabetical order:



<P align="left" style="margin-left:12%; font-size: 12pt"><B><I>&#147;Second New Tranche Term Loans&#148; </I></B>shall have the meaning provided in
<U>Section&nbsp;2.1</U>.


<P align="left" style="font-size: 12pt; text-indent: 8%">(ii)&nbsp;Section&nbsp;1.1 of the Credit Agreement is amended by amending and restating the definition
of &#147;Term Loan&#148; in its entirety to read in full as follows:



<P align="left" style="margin-left:12%; font-size: 12pt"><B><I>&#147;Term Loan&#148; </I></B>shall have the meaning provided in <U>Section&nbsp;2.1</U>, <B><I>provided</I></B>
that for all purposes of the Loan Documents other than the first four
sentences of <U>Section&nbsp;2.1</U>, &#147;Term Loan&#148; shall include the New Tranche
Term Loans made pursuant to <U>Section&nbsp;2.1</U> <B><I>provided, further, </I></B>that for
all purposes of the Loan Documents other than the first five sentences of
<U>Section&nbsp;2.1</U>, &#147;Term Loan&#148; shall include the Second New Tranche Term
Loans made pursuant to <U>Section&nbsp;2.1</U>.


<P align="left" style="font-size: 12pt; text-indent: 8%">(iii)&nbsp;Section&nbsp;2.1 of the Credit Agreement is amended by adding the following after the fifth
sentence of such section:



<P align="left" style="margin-left:12%; font-size: 12pt">On August&nbsp;27, 2007, Additional Term Loans in the principal amount of
$100,000,000 shall be made by Lenders agreeing to do so pursuant to
<U>Section&nbsp;2.23</U> (collectively, the <B><I>&#147;Second New Tranche Term Loans"</I></B>).


<P align="left" style="font-size: 12pt; text-indent: 8%">(iv)&nbsp;The table set forth in Section&nbsp;2.1 of the Credit Agreement is hereby amended and restated
as follows:

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="28%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
</TR>
<TR style="font-size: 12pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Date</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Paydown Amount</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Paydown Amount</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Paydown Amount in</B></TD>
</TR>
<TR style="font-size: 12pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>in connection with</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>in connection with</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>connection with</B></TD>
</TR>
<TR style="font-size: 12pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Original Term Loans</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>New Tranche Term</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Second New Tranche</B></TD>
</TR>
<TR style="font-size: 12pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Loans</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Term Loans</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">July&nbsp;1, 2007
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top">&#151;
</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">October&nbsp;1, 2007
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">January&nbsp;1, 2008
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">April&nbsp;1, 2008
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">July&nbsp;1, 2008
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">October&nbsp;1, 2008
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">January&nbsp;1, 2009
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">April&nbsp;1, 2009
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">July&nbsp;1, 2009
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">October&nbsp;1, 2009
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">January&nbsp;1, 2010
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">April&nbsp;1, 2010
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">July&nbsp;1, 2010
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">October&nbsp;1, 2010
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">January&nbsp;1, 2011
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">April&nbsp;1, 2011
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">July&nbsp;1, 2011
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">October&nbsp;1, 2011
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">January&nbsp;1, 2012
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">300,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">125,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">250,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">April&nbsp;1, 2012
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">28,500,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">11,875,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">23,800,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">July&nbsp;1, 2012
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">28,500,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">11,875,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">23,800,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">October&nbsp;1, 2012
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">28,500,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">11,875,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">23,800,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 12pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">January&nbsp;1, 2013
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">28,800,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">12,000,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">24,100,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;3. <U>Conditions to Effectiveness</U>. The effectiveness of this Amendment is
conditioned upon the following:


<P align="left" style="font-size: 12pt; text-indent: 12%">(a)&nbsp;<U>Amendment</U>. The Administrative Agent shall have received counterparts of this
Amendment that, when taken together, bear the signatures of the Borrower, the Administrative Agent,
Required Lenders and each Additional Term Lender.


<P align="left" style="font-size: 12pt; text-indent: 12%">(b)&nbsp;<U>Confirmation of Guaranty and Security Interest</U>. The Borrower and each Subsidiary
of the Borrower (other than any such Subsidiary which is an Immaterial Subsidiary) shall have
executed and delivered to the Administrative Agent a Confirmation of Guaranty and Security
Interest.


<P align="left" style="font-size: 12pt; text-indent: 12%">(c)&nbsp;<U>Additional Commitment Agreement</U>. The Administrative Agent shall have received an
Additional Commitment Agreement in form and substance reasonably acceptable to it executed by each
Additional Term Lender, the Administrative Agent and the Borrower.


<P align="left" style="font-size: 12pt; text-indent: 12%">(d)&nbsp;<U>Opinion of Counsel</U>. The Administrative Agent shall have received, on behalf of
itself and the Lenders, a legal opinion of Stradling Yocca Carlson &#038; Rauth, counsel for the
Borrower, addressed to the Administrative Agent, the Issuing Bank and the Lenders and dated the
Additional Loan Effective Date, addressing such matters as the Administrative Agent may reasonably
request.


<P align="left" style="font-size: 12pt; text-indent: 12%">(e)&nbsp;<U>Secretary&#146;s Certificate</U>. The Administrative Agent shall have received a
certificate of the Secretary or Assistant Secretary of the Borrower, dated as of the Additional
Loan Effective Date (i)&nbsp;certifying as true, correct and complete as of the Additional Loan
Effective Date, an attached copy of the certificate of incorporation or other similar
organizational document of the Borrower as amended, restated, supplemented or otherwise modified on
or prior to the Additional Loan Effective Date (certified by the Secretary of State or other
comparable authority where customary in such jurisdiction as of a date not more than ten Business
Days prior to the Additional Loan Effective Date) and certifying that there have been no changes to
such certificate of incorporation or other similar organizational document since the date of the
certification thereof by the Secretary of State or other comparable authority where customary in
such jurisdiction, (ii)&nbsp;certifying as true, correct and complete and as in full force and effect as
of the Additional Loan Effective Date, an attached copy of the by-laws or other similar
organizational document of the Borrower as amended through the date of such certificate, (iii)
certifying an attached copy of the resolutions of the Borrower&#146;s Board of Directors approving and
authorizing the execution, delivery and performance of this Amendment and all other documents,
instruments and agreements executed and/or delivered in connection herewith or required or
contemplated hereunder (the &#147;<U>Amendment Documents</U>&#148;), and (iv)&nbsp;certifying the names and true
signatures of the incumbent officers of the Borrower authorized to sign this Amendment and the
other Amendment Documents, together with a certification of the name and true signature of the
Secretary or Assistant Secretary of the Borrower executing and delivering this certificate.


<P align="left" style="font-size: 12pt; text-indent: 12%">(f)&nbsp;<U>Officer&#146;s Certificate</U>. The Administrative Agent shall have received a certificate
dated as of the Additional Loan Effective Date signed by the chief financial officer of the
Borrower certifying that the conditions set forth in Sections&nbsp;4.2(a), (b)&nbsp;and (d)&nbsp;of the Credit
Agreement have been satisfied in full with respect to the August&nbsp;2007 Term Loans.


<P align="left" style="font-size: 12pt; text-indent: 12%">(g)&nbsp;<U>No Default or Event of Default</U>. After giving effect to this Amendment and the
Additional Term Loans, no Default or Event of Default shall have occurred and be continuing as a
result of a breach of the covenants in Section&nbsp;7.1 of the Credit Agreement and the Administrative
Agent shall have received a certificate of the President or Vice President of the Borrower, dated
as of the Additional Loan Effective Date, certifying the foregoing.


<P align="left" style="font-size: 12pt; text-indent: 12%">(h)&nbsp;<U>Additional Matters</U>. All corporate and other proceedings taken or to be taken in
connection with this Amendment and all documents incidental thereto, whether or not referred to
herein, shall be reasonably satisfactory in form and substance to the Administrative Agent.


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;4. <U>Representations and Warranties</U>. The Borrower hereby represents and
warrants to the Administrative Agent and the Lenders, as of the date hereof, that both before and
after giving effect to this Amendment:


<P align="left" style="font-size: 12pt; text-indent: 12%">(a)&nbsp;All of the representations and warranties of the Borrower and each other Loan Party
contained in the Loan Documents (other than representations and warranties which expressly speak
only as of a different date) are true and correct;


<P align="left" style="font-size: 12pt; text-indent: 12%">(b)&nbsp;No Default or Event of Default has occurred or is continuing; and


<P align="left" style="font-size: 12pt; text-indent: 12%">(c)&nbsp;The August&nbsp;2007 Term Loans will be used to prepay the Revolving Loans pursuant to Sections
2.2 and 2.11 of the Credit Agreement, to repurchase Capital Stock of the Borrower, and for other
general corporate purposes.


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;5. <U>Affirmations</U>.


<P align="left" style="font-size: 12pt; text-indent: 12%">(a)&nbsp;The Borrower hereby (i)&nbsp;expressly acknowledges the terms of this Amendment, (ii)&nbsp;ratifies
and affirms its obligations under the Loan Documents to which it is a party, and (iii)&nbsp;agrees such
Loan Documents remain in full force and effect.


<P align="left" style="font-size: 12pt; text-indent: 12%">(b)&nbsp;The Borrower and the Administrative Agent hereby acknowledge and agree that (i)&nbsp;each
Additional Term Lender is approved and included as a &#147;Term Loan Lender&#148; and as a &#147;Lender&#148;, each as
defined in and under the Credit Agreement, and (ii)&nbsp;the other terms, conditions, rights and
remedies of the Lenders and the Term Loan Lenders otherwise extend in all respects and are
identical to those applicable to the Additional Term Lenders under this Amendment.


<P align="left" style="font-size: 12pt; text-indent: 12%">(c)&nbsp;The Borrower and the Administrative Agent hereby acknowledge and agree that the August
2007 Term Loans are &#147;Term Loans&#148;, &#147;Loans&#148; and &#147;Obligations&#148; as defined in and under the Credit
Agreement.


<P align="left" style="font-size: 12pt; text-indent: 12%">(d)&nbsp;The Borrower and the Administrative Agent hereby acknowledge and agree that the Additional
Term Lender is a Secured Party as defined in and under the Borrower Security Agreement and the
Subsidiary Security Agreement.


<P align="left" style="font-size: 12pt; text-indent: 12%">(e)&nbsp;The Borrower and the Administrative Agent hereby acknowledge and agree that the grants of
security interests and pledges of the Borrower pursuant to the Security Documents secures all
amounts advanced and committed under the August&nbsp;2007 Term Loans and this Amendment, which amounts
are and shall be secured by all of the Collateral as defined in the Credit Agreement.


<P align="left" style="font-size: 12pt; text-indent: 12%">(f)&nbsp;The Borrower hereby reaffirms, as of the Additional Loan Effective Date, the covenants and
agreements contained in each Loan Document to which it is a party, including, in each case, such
covenants and agreements as in effect immediately after giving effect to this Amendment and the
transactions contemplated thereby.


<P align="left" style="font-size: 12pt; text-indent: 12%">(g)&nbsp;The Borrower hereby acknowledges and agrees that the acceptance by the Administrative
Agent of this document shall not be construed in any manner to establish any course of dealing on
the Administrative Agent&#146;s or any Lender&#146;s part, including the providing of any notice or the
requesting of any acknowledgment not otherwise expressly provided for in any Loan Document with
respect to any future amendment, waiver, supplement or other modification to any Loan Document or
any arrangement contemplated by any Loan Document.


<P align="left" style="font-size: 12pt; text-indent: 12%">(h)&nbsp;The Borrower hereby represents and warrants that, immediately after giving effect to this
Amendment, each Loan Document, in each case as modified by this Amendment (where applicable), to
which it is a party continues to be a legal, valid and binding obligation of the undersigned,
enforceable against such party in accordance with its terms (except, in any case, as such
enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws
affecting creditors&#146; rights generally and by principles of equity).


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;6. <U>Reference to and Effect on the Credit Agreement and other Loan Documents</U>.
The amendments set forth herein are effective solely for the purposes set forth herein and shall be
limited precisely as written, and shall not be deemed to (i)&nbsp;be a consent to any amendment, waiver
or modification of any other term or condition of any Loan Document or of any other instrument or
agreement referred to therein, except as set forth herein, or (ii)&nbsp;prejudice any right or remedy
that the Administrative Agent or any Lender may now have or may have in the future under or in
connection with the Credit Agreement, as amended hereby, or any other instrument or agreement
referred to therein. Each reference in the Credit Agreement to &#147;this Agreement,&#148; &#147;herein,&#148;
&#147;hereof&#148; and words of like import and each reference in the other Loan Documents to the &#147;Credit
Agreement&#148; shall mean the Credit Agreement as amended hereby. This Amendment shall be construed in
connection with and as part of the Credit Agreement and all terms, conditions, representations,
warranties, covenants and agreements set forth in the Credit Agreement and each other instrument or
agreement referred to therein, except as herein amended, are hereby ratified and confirmed and
shall remain in full force and effect.


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;7. <U>Further Assurances</U>. The Borrower shall and shall cause each other Loan
Party, upon the reasonable request of the Administrative Agent and at the Borrower&#146;s sole cost and
expense, to execute, deliver, acknowledge or obtain, or to cause to be executed, delivered,
registered, filed or recorded any document or instrument supplemental or confirmatory to the
implementation of the August&nbsp;2007 Term Loans, all as deemed necessary, reasonable or prudent by the
Administrative Agent to create, better perfect, protect or implement the security interests of the
Administrative Agent for the benefit of itself and the benefit of the Secured Parties


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;8. <U>Expenses and Fees</U>. Notwithstanding anything contained in the Credit
Agreement, as amended hereby, or any other Loan Document and in addition to any fees and expenses
required to be paid by the Borrower thereunder, the Borrower agrees to pay all reasonable
out-of-pocket costs, fees and expenses incurred by the Administrative Agent in connection with the
preparation, execution and delivery of this Amendment (including the reasonable fees and expenses
of counsel to the Administrative Agent).


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;9. <U>Counterparts</U>. This Amendment may be executed in any number of counterparts
and by different parties hereto on separate counterparts, each of which when so executed and
delivered shall be an original, but all of which shall together constitute one and the same
instrument.


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;10. <U>Severability</U>. In case any provision in or obligation under this Amendment
shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and
enforceability of the remaining provisions or obligations, or of such provision or obligation in
any other jurisdiction, shall not in any way be affected or impaired thereby.


<P align="left" style="font-size: 12pt; text-indent: 8%">SECTION 11. <U>GOVERNING LAW</U>. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY THE LAWS OF THE STATE OF
ILLINOIS (WITHOUT GIVING EFFECT TO THE PRINCIPLES THEREOF RELATING TO CONFLICTS OF LAW TO THE
EXTENT SUCH PRINCIPLES WOULD REQUIRE THE APPLICATION OF THE LAWS OF A JURISDICTION OTHER THAN THE
STATE OF ILLINOIS).


<P align="left" style="font-size: 12pt; text-indent: 8%">Section&nbsp;12. <U>WAIVER OF TRIAL BY JURY</U>. TO THE EXTENT PERMITTED BY APPLICABLE LAW, EACH
OF THE BORROWER, THE ADMINISTRATIVE AGENT AND THE ADDITIONAL LENDER HEREBY IRREVOCABLY WAIVES ALL
RIGHT OF TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR IN CONNECTION
WITH THIS AMENDMENT, THE CREDIT AGREEMENT OR ANY OTHER LOAN DOCUMENT OR ANY MATTER ARISING
HEREUNDER OR THEREUNDER.


<P align="center" style="font-size: 12pt">&#091;Signature Pages Follow&#093;



<P align="center" style="font-size: 10pt; display: none; text-indent: 8%">1
<!-- PAGEBREAK -->


<P align="left" style="font-size: 12pt">IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first
above written.


<P align="left" style="font-size: 12pt">CKE RESTAURANTS, INC.


<P align="left" style="font-size: 12pt">By: <U><I>/s/ Theodore Abajian </I></U><BR>
Name: Theodore Abajian<BR>
Title: Executive Vice President and Chief Financial Officer<BR>
<BR>
<BR>
<BR>
<BR>
<BR>
BNP PARIBAS,<BR>
as Administrative Agent


<P align="left" style="font-size: 12pt">By: <U><I>/s/ Clark C. King III </I></U><BR>
Name: Clark C. King III<BR>
Title: Managing Director<BR>
<BR>
<BR>
<BR>
By: <U><I>/s/ Yung Woo </I></U><BR>
Name: Yung Woo<BR>
Title: Vice President


<P align="left" style="font-size: 12pt">BNP PARIBAS,
<BR>
as Additional Term Lender


<P align="left" style="font-size: 12pt">By: <U><I>/s/ Clark C. King III </I></U><BR>
Name: Clark C. King III<BR>
Title: Managing Director<BR>
<BR>
<BR>
<BR>
By: <U><I>/s/ Yung Woo </I></U><BR>
Name: Yung Woo<BR>
Title: Vice President


<P align="left" style="font-size: 12pt">LENDER: &#091;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>&#093;


<P align="left" style="font-size: 12pt">By:<BR>
Name:<BR>
Title:<BR>


<P align="left" style="font-size: 12pt">The Lender&#146;s execution of this Amendment signifies only the Lender&#146;s consent to this Amendment, and
does not constitute a commitment to provide any Additional Term Loans or Additional Revolving
Commitments. Any such commitment would be expressed in a separate commitment letter or other
written agreement.



<P align="center" style="font-size: 10pt; display: none">2


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