AMENDMENT NO. 1 TO LOAN AGREEMENT
This Amendment No. 1 to Loan Agreement ("Amendment") is made as of April 6,
1998 between Mycogen Corporation, a California corporation (the "Lender"), and
Dow AgroSciences LLC, formerly known as DowElanco LLC, a Delaware limited
liability company (the "Borrower") (together, the "parties").
WHEREAS, Lender and Borrower are parties to that certain Loan Agreement dated
as of April 1, 1997 (the "Agreement"); and
WHEREAS, the parties wish to amend the Agreement;
NOW THEREFORE, the parties hereto have agreed and do hereby agree to amend the
Agreement as follows:
Section 1.2 Repayment is hereby deleted in its entirety and replaced
with the following:
1.2 Repayment
Repayment may be made at any time, provided that the final repayment
be made on or prior to September 30, 1999.
All other terms and conditions of the Agreement shall remain in full
force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed on the date first written above.
LENDER: BORROWER:
Mycogen Corporation Dow AgroSciences LLC
By: /s/ Xxxxx X. Xxxxxxx By: /s/ Xxxx X. Xxxxxxx
------------------------------ -----------------------------
Printed: Xxxxx X. Xxxxxxx Printed: Xxxx X. Xxxxxxx
---------------------- -----------------------
Title: CEO Title: Treasurer
------------------------ -------------------------
Date: 4/8/98 Date: 4/7/98
------------------------- --------------------------
i
