Exhibit 10.8

AMENDMENT NO. 1 TO LOAN AGREEMENT

This Amendment No. 1 (the “Amendment”) dated as of October 27,2011, is between Bank of America, N.A. (the “Bank”) and American Locker Group Incorporated, a Delaware corporation (“American Locker”), American Locker Security Systems, Inc., a Delaware corporation (“Security Systems”), Security Manufacturing Corporation, a Delaware corporation (“Security Manufacturing”) and Canadian Locker Company Limited, a corporation incorporated under the federal laws of Canada (“Canadian Locker”) (American Locker, Security Systems, Security Manufacturing and Canadian Locker, are referred to herein collectively as the “Borrower”).

RECITALS

A. The Bank and the Borrower entered into a certain Loan Agreement dated as of December 8, 2010 (together with any previous amendments, the “Agreement”).

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

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 2.2 is hereby amended to read in its entirety as follows:

2.2 Availability Period. The line of credit is available between the date of this

Agreement and December 8,2012, or such earlier date as the availability may terminate as provided in this Agreement (the “Facility No. 1 Expiration Date”).

2.2 Subparagraph 2.4(c) is hereby deleted in its entirety.

2.3 Subparagraph 3.3(c) is hereby deleted in its entirety.

2.4 The following Section 3A is hereby added:

3A. FACILITY NO. 3: TERM LOAN AMOUNT AND TERMS

3A.1 Loan Amount: The Bank agrees to provide a term loan to the Borrower

in the amount of Five Hundred Thousand and No/100 Dollars ($500,000.00) (the “Facility No. 3 Commitment”).

3A.2 Availability Period. The loan is available in one or more disbursements

from the Bank between October 27,2011 and October 27,2012.

3A.3 Repayment Terms.

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3A.4 Interest Rate.

2.5 The following Subparagraph 9.1(c) is hereby added:

9.1 Use of Proceeds.

2.6 The following Section 13 is hereby added:

13. Prepayment.

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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. Conditions. This Amendment will be effective when the Bank receives the following items, in form and content acceptable to the Bank:

4.1 If the Borrower or any guarantor is anything other than a natural person, evidence that the execution, delivery and performance by the Borrower and/or such guarantor of this Amendment and any instrument or agreement required under this Amendment have been duly authorized.

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4.2 Payment by the Borrower of a loan fee in the amount of Five Thousand and No/100 Dollars ($5,000.00) for the establishment of Facility No. 3.

4.3 Payment by the Borrower of a loan renewal fee in the amount of Twelve Thousand Five Hundred and No/100 Dollars ($12,500.00) for the extension of the maturity date of Facility No. 1 to December 8, 2012.

4.4 Payment by the Borrower of all costs, expenses and attorneys’ fees (including allocated costs for in-house legal services) incurred by the Bank in connection with this Amendment.

4.5 All such landlord’s waivers, subordination of landlord’s liens, or other similar instruments or agreements as Bank shall require.

4.6 Supporting invoices for tenant improvement expenses and equipment purchases associated with the Borrower’s move to Borrower’s new facility, in May of 2011, equal to or greater than $714,286.00.

5. Effect of Amendment. Except as provided in this Amendment, all of the terms and conditions of the Agreement, including but not limited to the Dispute Resolution Provision, shall remain in full force and effect.

6. 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.

7. Notice of Final Agreement. THIS WRITTEN AGREEMENT AND THE LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.

THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

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

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