EXHIBIT 10.24(c)
CONFORMED COPY
[JPMORGAN LOGO]
EXTENSION AGREEMENT
Arch Chemicals, Inc.
000 Xxxxxxx 0
Xxxxxxx, Xxxxxxxxxxx 00000
Attention: Mr. W. Xxxx Xxxx
JPMorgan Chase Bank, as Administrative Agent
under the 364-Day Credit Agreement referred to below
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
January 23, 2002
Gentlemen:
Each undersigned Lender hereby agrees to extend, effective on
January 23, 2002 (the "Extension Date"), the Maturity Date under the 364-Day
Credit Agreement dated as of January 27, 1999 (as extended on January 26, 2000
and January 24, 2001 and as the same may be amended, supplemented or otherwise
modified from time to time, the "364-Day Credit Agreement") among Arch
Chemicals, Inc., Xxxx Corporation, the Lenders and agents party thereto and
JPMorgan Chase Bank, as Administrative Agent for the Lenders, to January 22,
2003. Terms defined in the 364-Day Credit Agreement are used herein as therein
defined.
This Agreement may be executed by one or more of the parties
to this Agreement on any number of separate counterparts, and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument.
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EXECUTION
This Extension Agreement shall be governed by and construed in
accordance with the laws of the State of New York.
JPMORGAN CHASE BANK,
individually and as Administrative Agent,
By: /s/ Xxxxxxxx Xxxxxxx, Xx.
-------------------------------------
Name: Xxxxxxxx Xxxxxxx, Xx.
Title: Vice President
BANK OF AMERICA, N.A.,
individually and as Syndication Agent,
By: /s/ Xxxxxx X. Xxxx
-------------------------------------
Name: Xxxxxx X. Xxxx
Title: Managing Director
WACHOVIA BANK, N.A.,
individually and as Documentation Agent,
By: /s/ Xxxxxx Xxxxxx
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Name: Xxxxxx Xxxxxx
Title: Vice President
2 EXECUTION
THE BANK OF NEW YORK
By: /s/ Xxxxxx X. Xxxxxxx
-------------------------------------
Name: Xxxxxx X. Xxxxxxx
Title:
DAI ICHI KANGYO BANK LTD
By:
-------------------------------------
Name:
Title:
FIRST UNION NATIONAL BANK
By:
-------------------------------------
Name:
Title:
FLEET NATIONAL BANK
By:
-------------------------------------
Name:
Title:
3 EXECUTION
SUNTRUST BANK
By:
-------------------------------------
Name:
Title:
By:
-------------------------------------
Name:
Title:
ABN AMRO BANK N.V.
By:
-------------------------------------
Name:
Title:
By:
-------------------------------------
Name:
Title:
PNC BANK, NATIONAL ASSOCIATION
By: /s/ Xxxxxx X. Xxxxx
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Name: Xxxxxx X. Xxxxx
Title: Vice President
THE NORTHERN TRUST COMPANY
By: /s/ Xxxx Xxxxxxxxxx
-------------------------------------
Name: Xxxx Xxxxxxxxxx
Title: Vice President
4 EXECUTION
ING (US) CAPITAL LLC
By: /s/ Xxxx Xxxxxx
-------------------------------------
Name: Xxxx Xxxxxx
Title: Managing Director
By:
-------------------------------------
Name:
Title:
5 EXECUTION
Agreed and accepted:
ARCH CHEMICALS, INC.
By: /s/ W. Xxxx Xxxx
-------------------------
Name: W. Xxxx Xxxx
Title: V.P. and Treasurer
6 EXECUTION