September 20, 1996
Xx. Xxxx Xxxxxxx
First Chicago NBD
P.O. Box 000
Xxxxxx Xxxxxx Xxxxxxx
Xxx Xxxx, XX 00000
RE: CREDIT AGREEMENT BETWEEN THE INTERPUBLIC GROUP OF COMPANIES,
INC. AND NBD BANK
Dear Xxx:
We are writing to you in connection with the Credit Agreement
between The Interpublic Group of Companies, Inc. and NBD Bank
dated September 30, 1992 and effective as of December 23, 1992
(the "Agreement"). Section 2.13 of the Agreement provides that
the Borrower may request extension of the Commitment under the
Agreement for an additional period of one year from the then
current Termination Date.
Notwithstanding the dates specified in Section 2.13 of the
Agreement for requesting such extension, we hereby request that
you extend the Termination Date of the Agreement to December 1,
1998. If you are agreeable to our request, please so indicate by
signing and returning the duplicate copy of this letter which we
have enclosed herewith.
Thank you.
Sincerely,
Xxxx X. Xxxxxxx
Vice President & Treasurer
ACCEPTED & AGREED
NBD BANK
By: Xxxx X. Xxxxxxx XXX
Date: 9/30/96
cc: Xx. Xxxxxxx X. Xxxxxxx
Xx. Xxxxxxx X. Xxxxx
Xx. Xxxxxx X. Xxxxxx
