EXHIBIT 10.4
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Xx. Xxxxxx Xxxxxxxxx, President
Xx. Xxxxx Xxxxxx, CFO
XXXXXXX MANUFACTURING CO., INC.
0000 Xxxxxx Xx., Xxxxx 000
Xxxxxxxxxx, XX 00000
Gentlemen:
In reference to the Agreement between Union Bank of California, N.A.
("Bank") and Xxxxxxx Manufacturing Co., Inc. ("Borrower") dated January 14,
1997, the Bank and Borrower desire to amend the Agreement. This amendment
shall be called the Second Amendment to the Agreement. Initially
capitalized terms used herein which are not otherwise defined shall have
the meaning assigned thereto in the agreement.
Amendment to the Agreement:
(a) "Section 5.4 Guaranties, the amount $1,000,000 on line two is
deleted and the amount $4,000,000 is substituted therefore"
This Loan Amendment shall become effective when the Bank shall have
received the acknowledgment copy of this Loan Amendment executed by the
Borrower and the following executed documents, all of which the Bank must
received before February 15, 1998.
Except as specifically amended hereby, the Agreement shall remain in full
force and effect and is hereby ratified and confirmed. This Loan Amendment
shall not be a waiver of any existing default or breach of a condition to
covenant unless specified herein.
Very truly yours,
UNION BANK OF CALIFORNIA, N.A.
/s/Xxxxxxx Xxxxxxx
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Xxxxxxx Xxxxxxx, Vice President Lebbeus S. Case, Jr., VP
Agreed and Accepted to this 4 day of February, 1998.
XXXXXXX MANUFACTURING CO., INC.
/s/Xxxxxx X Xxxxxxxxx /s/Xxxxx Xxxxxx
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Xxxxxx Xxxxxxxxx, President Xxxxx Xxxxxx, Chief Financial Officer
