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EXHIBIT 4(k)
AGREEMENT OF AMENDMENT
This Agreement of Amendment ("Amendment") is executed at Dearborn,
Michigan as of August 25, 1995 by and among THE STANDARD PRODUCTS COMPANY (the
"Borrower") and NATIONAL CITY BANK ("NCB"), as agent (the "Agent") for itself,
SOCIETY NATIONAL BANK ("Society"), COMERICA BANK ("Comerica"), and NBD BANK
("NBD") (hereafter collectively refered to as "Banks").
WHEREAS, Borrower, Banks and Agent entered into a credit agreement
dated as of January 19, 1993, as amended by an Agreement of Amendment dated
April 30, 1994 (the "Agreement") wherein Banks agreed to make revolving loans
to Borrower, under certain terms and conditions, aggregating not more than the
principal amount of One Hundred Seventy-Five Million Dollars ($175,000,000),
which amount was reduced on June 30, 1993 to One Hundred Twenty-Five Million
Dollars ($125,000,000) and which may be reduced from time to time under the
Agreement; and
WHEREAS, Borrower, Banks and Agent want to extend the Termination Date
of the Agreement;
NOW, THEREFORE, Borrower, Banks and Agent agree as follows:
1. Pursuant to subsection 2.02(k) (captioned "EXTENSION OF REVOLVING
CREDIT TERMINATION DATE") the Revolving Credit Termination Date is
hereby extended one year from January 19, 1997 to January 19, 1998.
2. In all other respects the credit agreement shall remain in full
effect.
3. Upon the execution and delivery of this Amendment, the Borrower will
not be in default under the Agreement as so Amended.
IN WITNESS WHEREOF, borrowers, Banks and Agent have executed this
Agreement of Amendment at the time and place first above mentioned.
THE STANDARD PRODUCTS COMPANY NATIONAL CITY BANK, AS AGENT
By: /s/ Xxxxxxx X. Xxxx By: /s/ Xxxx Xxxx X. Xxxx
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Title: Treasurer Title: Vice President
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NATIONAL CITY BANK SOCIETY NATIONAL BANK
By: /s/ Xxxx Xxxx X. Xxxx By: /s/ Xxxxxxx X. Xxxxx
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Title: Vice President Title: Vice President
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COMERICA BANK NBD BANK
By: /s/ Xxxxxxx X. Xxxx By: /s/ Xxxxxx X. Xxxxx
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Title: Vice President Title:
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