Exhibit 4(d)
FIRST AMENDMENT
to the
COMMERCIAL PAPER DEALER AGREEMENT
Dated as of November 9, 1994
between
IES DIVERSIFIED INC.
and
CITICORP SECURITIES, INC.
This FIRST AMENDMENT is made and entered into as of the 24th day of
March, 1997, between IES DIVERSIFIED INC., an Iowa corporation (the
"Company"), and CITICORP SECURITIES, INC. ("CSI") in connection with the
Commercial Paper Dealer Agreement, dated as of November 9, 1994, between
the Company and CSI (the "Dealer Agreement"). Capitalized terms used
herein but not defined shall have the meanings ascribed thereto in the
Dealer Agreement.
1. Section 1 of the Dealer Agreement is hereby amended effective
as of the date hereof to change the Maximum Amount referred to therein
to mean $300,000,000 or such lesser amount (but not less than
$150,000,000) for which the Company has all required authorizations and
consents to issue Notes. Furthermore, the Company shall notify CSI and
the Issuing and Paying Agent of each authorization and consent
increasing the maximum amount above $150,000,000.
2. Except as amended above, the Dealer Agreement shall continue
in full force and effect in accordance with its terms and the Company
hereby confirms, as of the date hereof, the representations and
warranties contained therein.
3. This Amendment may be executed in any number of counterparts,
each part of which shall be deemed to be an original and all of which
taken together shall constitute one and the same instrument.
4. This Amendment shall be governed by, and construed in
accordance with, the law of the State of New York.
IN WITNESS WHEREOF, the Company and CSI have caused their duly
authorized representatives to execute this First Amendment as of the
date first above written.
IES DIVERSIFIED INC.
By:
Name:
Title:
CITICORP SECURITIES, INC.
By:
Name:
Title:
