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EXHIBIT 4A
September 29, 1995
Xx. Xxxxx X. Xxxxxxxx Xx. Xxxxx X. Xxxxx
Assistant Vice President Vice President
PNC Bank, National Association X. X. Xxxxxx & Company, Inc.
2nd Floor, One PNC Plaza 00 Xxxx Xxxxxx
Xxxxx Xxxxxx and Wood Street 22nd Floor
Pittsburgh, PA 15265 Xxx Xxxx, XX 00000
and
Xx. Xxxxxx X. Say
Vice President of Commercial Banking
Integra Bank
00 Xxxx Xxxxx Xxxxxx
Xxxxxx, XX 00000
Re: Proposed Amendment 6 to Credit Agreement dated as of July 7, 1995 among
Quaker State Corporation, the Banks named therein and PNC Bank, National
Association
Gentlemen:
Pursuant to our call of September 29, 1995, this letter will set forth proposed
Amendment No. 6 to the Credit Agreement as follows:
The parties hereto do hereby modify and amend the Credit Agreement as follows:
A. Article X (MISCELLANEOUS) is hereby amended to insert new Section 10.15:
10.15 TERMINATION. Borrower shall have the right to terminate this
Agreement at any time effective immediately upon delivery to the Agent of
written notice provided in accordance with Section 10.06 of this Agreement.
Upon such notice, all obligations of the Borrower and the Banks under this
Agreement shall terminate, excepting only those obligations which are
expressly provided to survive this Agreement. Paragraph b this Amendment No.
6 shall be effective upon the Agent's receipt of counterparts of this
Amendment No. 6 duly executed by the Borrower and each of the Required
Banks.
Quaker State Corporation 000 Xxx Xxxxxx Xxx Xxxx, XX 00000 Phone: 814/000-0000
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Messrs. Castella, Xxxxx and Say
September 29, 1995
Page Two
If the above terms are satisfactory to you, please execute the enclosed
additional copy of this letter and amendment and please immediately forward to
the Agent. Thank you for your cooperation.
Very truly yours,
/s/ XXXXXX X. XXXXXX
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Xxxxxx X. Xxxxxx
Vice Chairman and Chief Finanical Officer
ACCEPTED AND AGREED THIS 29th DAY OF SEPTEMBER, 1995
PNC BANK, NATIONAL ASSOCIATION INDIVIDUALLY AND AS AGENT
BY: /s/ XXXXX X. XXXXXXXX
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XXXXX X. CESTELLA, ASSISTANT VICE PRESIDENT
XXXXXX GUARANTY TRUST COMPANY OF NEW YORK
BY: /s/ XXXXX XXXXX
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XXXXX XXXXX, VICE PRESIDENT
INTEGRA BANK (SUCCESSOR AND INTEREST TO INTEGRA NATIONAL BANK/NORTH)
BY: /s/ XXXXXX X. SAY
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XXXXXX X. SAY, VICE PRESIDENT
CAC/je
Enclosure
