EXHIBIT A
The following modifications are hereby made the incorporated into this
agreement:
PART B, SECTION 5.4, is hereby modified to read:
"Borrower will not, without Bank's prior written consent, declare any dividends
in excess of 10% of its annual net (after tax) profit on shares of its capital
stock ..."
PART B, SECTION 9.1 AND SECTION 10:
The venue in both sections is hereby modified to read "Spokane County,
Washington".
Initials ______
THE COEUR D'ALENES COMPANY
QUARTERLY COMPLIANCE CERTIFICATE
AS OF _____________________, 19__
1. Minimum working capital of $1,500,000, measured quarterly.
Working Capital = $________ Met______ Not Met _____
2. Minimum Current Ratio of 1.50:1, measured quarterly.
Current Ratio = $________ Met______ Not Met _____
3. Maximum total indebtedness shall not exceed 2.30 times borrower's
tangible net worth, measured quarterly.
Debt/ TNW = $________ Met______ Not Met _____
4. Minimum tangible net worth shall be $2,400,000, measured quarterly.
Tangible Net Worth = $________ Met______ Not Met _____
These and other covenants and conditions of the Loan Agreement between Borrower
and Bank of America N.W., N.A., doing business as Seafirst Bank, dated March 1,
1999 have been reviewed and Borrower is in compliance with all covenants and
conditions as set forth in the agreement.
THE COEUR D'ALENES COMPANY
By: ____________________________________
Title: ____________________________________
Date: ____________________________________
