EXHIBIT 10.100
AMENDMENT
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This Amendment, dated as of July 11, 1997, is made and entered into between
Microelectronic Packaging America (the "Borrower") and Citicorp USA, Inc. (the
"Lender").
WITNESSETH
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WHEREAS, the Borrower has executed that certain Promissory Note dated May
13, 1997 (the "Note"); and
WHEREAS, the Borrower and the Lender desire to amend the Note in
certain respects;
NOW THEREFORE, in consideration. of the promises and of the mutual
agreements, representations and warranties herein set forth, and for other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto hereby agree as follows:
SECTION 1. Amendments. As of July 11, 1997, the Note is amended, as
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follows:
(a) The third line of the first paragraph of the Note is amended by
deleting the date "July 11, 1997" and substituting therefore the date "September
9, 1997".
(b) The seventh line of the first paragraph of the Note is amended by
deleting the interest rate "6.75%" and substituting therefor the interest rate
"6.72%".
(c) The penultimate line of the first paragraph of the Note is amended by
deleting the interest rate "8.75%" and substituting therefore the interest rate
"8.72%".
SECTION 2. Legal Obligation. The Borrower represents and warrants to the
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Lender that this Amendment has been duly authorized, executed and delivered on
its behalf, and that the Note, as amended hereby, constitutes a legal, valid and
binding obligation of the Borrower, enforceable against the Borrower in
accordance with its terms.
SECTION 5. Ratification. Except as expressly amended hereby, the Note shall
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remain in full force and effect. The Note, as amended hereby, and all rights and
powers created thereby or thereunder, are in all respects ratified and
confirmed.
SECTION 6. Miscellaneous.
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(a) The Note and this Amendment shall be read, taken and
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construed as one and the same instrument.
(b) This Amendment shall be governed by, and construed in accordance with,
the laws of the State of New York.
(c) Any references in the Note to "this Promissory Note", "hereunder",
"herein" or words of like import referring to the Note, shall mean and be a
reference to the Note as amended hereby.
(d) This Amendment may be executed in any number of counterparts and by
different parties hereto in separate counterparts, each of which when so
executed shall be deemed an original and all of which taken together shall
constitute one and the same agreement.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their respective officers thereunto duly authorized, as of the date
first above written.
MICROELECTRONIC PACKAGING AMERICA
By /s/ Xxxxx X. Xxxxxxxxxx
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Title: Chief Financial Officer
CITICORP USA, INC.
By
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Title: Vice President
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