September 20, 1996
Xx. Xxxxx X. Xxxxxxxxxx
Vice President
The Chase Manhattan Bank, N.A.
0 Xxxxx Xxxxxxxxx Xxxxx, 0xx Xxxxx
Xxx Xxxx, XX 00000
RE: CREDIT AGREEMENT BETWEEN THE INTERPUBLIC GROUP OF COMPANIES,
INC. AND (The Chase Manhattan Bank, Formerly Known as) CHEMICAL
BANK
Dear Xxxxx:
We are writing to you in connection with the Credit Agreement
between The Interpublic Group of Companies, Inc. and (The Chase
Manhattan Bank, formerly known as) Chemical Bank dated September
30, 1992 and effective as of December 23, 1992 (the "Agreement").
Section 2.13 of the Agreement provides that the Borrower may
request extension of the Commitment under the Agreement for an
additional period of one year from the then current Termination
Date.
Notwithstanding the dates specified in Section 2.13 of the
Agreement for requesting such extension, we hereby request that
you extend the Termination Date of the Agreement to December 1,
1998. If you are agreeable to our request, please so indicate by
signing and returning the duplicate copy of this letter which we
have enclosed herewith.
Thank you.
Sincerely,
Xxxx X. Xxxxxxx
Vice President & Treasurer
ACCEPTED & AGREED
(The Chase Manhattan Bank Formerly Known As)
CHEMICAL BANK
By: Xxx X. Xxxxx - Vice President
Global Media & Telecommunications
Date: November 8, 1996
cc: Xx. Xxxxxxx X. Xxxxxxx
Xx. Xxxxxxx X. Xxxxx
Xx. Xxxxxx X. Xxxxxx
