EXHIBIT 10(xi)
Midlantic Bank, N.A.
Commercial Lending
0000 Xxxxxx Xxxxxx
Xxxxxxxxxxxx, Xxxxxxxxxxxx 00000
000 000-0000 Tel. 000 000-0000 Fax
November 27, 1995
Kulicke and Xxxxx Industries, Inc.
0000 Xxxxx Xxxx Xxxx
Xxxxxx Xxxxx, Xx. 00000
Attention: Xxxxxxxx X. Xxxxxxx, Senior Vice President and Chief Financial
Officer
RE: Restated Loan Agreement dated as of September 14, 1995
Dear Xx. Xxxxxxx:
Reference is made to the Restated Loan Agreement dated as of September 14, 1995
between Kulicke and Xxxxx Industries, Inc. and Midlantic Bank, N.A. (the "Loan
Agreement"). You have requested that Midlantic Bank, N.A. agree that the Bridge
Period, as defined in the Loan Agreement, be extended.
Please take this as the Bank's agreement that the Bridge Period be extended
through March 29, 1996. The period of time from the Advance Date (as defined in
the Loan Agreement) through March 29, 1996 shall constitute the "Bridge Period"
for all purposes of the Loan Agreement.
Kindly evidence your agreement by signing below.
Sincerely,
MIDLANTIC BANK, N.A.
By: /s/ Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx
Senior Vice President
The undersigned agrees to the foregoing:
KULICKE AND XXXXX INDUSTRIES, INC.
BY: /s/ Xxxxxxxx X. Xxxxxxx
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ATTEST: /s/ Xxxxx X. Xxxxxxxxx
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