Max & Ermas Restaurants Inc Watch

from 10-K 3 pages September 4, 2007 Mr. William C. Niegsch, Jr. Executive Vice President & CFO Max & Erma’s Restaurants, Inc. 4849 Evanswood Drive Columbus, Ohio 43229 Dear Bill: As You Are Aware, Max & Erma’s Restaurants, Inc. (“Max & Erma’s” or the “Company”) Is Currently in Default Under the Terms and Conditions of Section 6.2(b), 6.2(c), an 6.2(h) of the Sixth Amended and Restated Revolving Credit Agreement (“Agreement”) Dated May 4, 2006

from 10-K 4 pages Amendment No. 1 to Sixth Amended and Restated Revolving Credit Agreement Dated May 4, 2006