EXHIBIT 10.20
DUPONT CHEMICAL & ENERGY OPERATIONS
July 24, 2000
Xx. Xxxx Xxxxxxxx
Executive Vice President
Chief Financial Officer
DuPont Photomasks, Inc.
000 Xxx Xxxxxxx'x Xxxx.
Round Rock, TX 78664
Dear Xx. Xxxxxxxx:
XXXXXX PHOTOMASKS CREDIT AGREEMENT
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The transactions described in the form S-3 Registration Statements
(Nos. 333-40148 and 333-40144, respectively) having been successfully completed,
it is hereby agreed that the Credit Agreement between DuPont Chemical and Energy
Operations, Inc. ("DCEO") and DuPont Photomasks, Inc. ("DPMI") dated as of
August 1, 1997, as amended by letter agreement dated March 9, 1999 ("Credit
Agreement") is further amended as follows:
1. The aggregate amount of the credit line is decreased to $100,000,000
from $200,000,000. The Revolving Note dated March 9, 1999 having no
outstanding balance as of this date is hereby cancelled and of no
further force and effect. The Revolving Note dated August 1, 1997,
having no outstanding balance as of this date, is hereby cancelled and
of no further force and effect.
2. The terms and conditions of the Credit Agreement remain in effect,
except that DPMI executes and enters into a Revolving Note dated as of
July 24, 2000 ("Note Three"), the form of which is attached as
Exhibit A.
Agreed to by: Agreed to by:
DCEO DPMI
/s/ Xxxxx X. Xxxxxxxxxx /s/ Xxxx Xxxxxxxx
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Xxxxx X. Xxxxxxxxxx Xxxx Xxxxxxxx
President Chief Financial Officer
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