EXHIBIT 10.4
ADDENDUM NO. 1 TO THE REVOLVING LOAN AGREEMENT
THIS ADDENDUM NO. 1 TO THE REVOLVING LOAN AGREEMENT ("ADDENDUM NO. 1")
is made as of the 15th day of July, 2003 by and between THE ST. XXXX COMPANIES,
INC., a Minnesota corporation, (the "LENDER") and NUVEEN INVESTMENTS, INC.
(formerly THE XXXX NUVEEN COMPANY), a Delaware corporation, (the "BORROWER").
WHEREAS, LENDER and BORROWER are parties to a Revolving Loan Agreement
dated July 31, 2002 (the "AGREEMENT"); and
WHEREAS, the parties wish to amend the AGREEMENT such that loan
repayment is required upon notice from the LENDER.
NOW THEREFORE, in consideration of these promises and of other good and
valuable consideration, the parties hereto agree as follows:
1. Paragraph 3 of the AGREEMENT is hereby amended by replacing the
paragraph in its entirety with the following:
"BORROWER promises to repay, upon 30 days' written notice from the
lender, all sums loaned to BORROWER by LENDER pursuant to this
AGREEMENT, together with all accrued and unpaid interest thereon,
as evidenced by the books and records of the LENDER, which shall
be presumptive evidence of the amount of Loan(s) outstanding.
Notwithstanding the foregoing, BORROWER may prepay the outstanding
Loan(s) and accrued interest at any time."
2. Except as specifically amended herein, the terms and provisions of
the AGREEMENT remain in full force and effect.
3. This ADDENDUM NO.1 is effective as of the date first set forth
above, and shall not be amended or modified except in writing
signed by an authorized person of each of the parties hereto.
IN WITNESS WHEREOF, the undersigned have caused this ADDENDUM NO.1 to
be executed as of this 15th day of July 2003.
ATTEST: THE ST. XXXX COMPANIES, INC.
/s/ Xxxxx Xxxxxxxx /s/ Xxxxxx X. Xxxxxxx
----------------------------- -------------------------------------
Xxxxxx X. Xxxxxxx
EVP, Chief Financial Officer
ATTEST: NUVEEN INVESTMENTS, INC.
/s/ Xxxx X. Berkshire /s/ Xxxxx X. X'Xxxxxx
--------------------------- -------------------------------------
Name: Xxxxx X. X'Xxxxxx
Title: VP & Treasurer
