0000060714-02-000010 Sample Contracts

PREAMBLE 1
LSB Industries Inc • April 1st, 2002 • Industrial inorganic chemicals
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FIRST AMENDMENT TO THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • April 1st, 2002 • LSB Industries Inc • Industrial inorganic chemicals • Oklahoma

THIS FIRST AMENDMENT TO THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (the "Amendment") is dated as of March 29, 2002, and entered into by and between BANK OF AMERICA, N.A. ("Lender") and SUMMIT MACHINE TOOL MANUFACTURING CORP. ("Borrower"). WHEREAS, Lender and Borrower have entered into that certain Third Amended and Restated Loan and Security Agreement dated as of April 16, 2001 (the "Agreement"); WHEREAS, Borrower and Lender have agreed to amend the Agreement in certain respects subject to the terms and conditions contained herein; NOW, THEREFORE, in consideration of the mutual conditions and agreements set forth in the Agreement and this Amendment, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, hereby agree as follows:

CIT August 2, 2001 Mr. Jim D. Jones Vice President and Treasurer LSB Industries, Inc. 16 South Pennsylvania Oklahoma City, OK 73101 Via Fax # (405) 236-0728 Re: Covenant Violation Dear Mr. Jones:
LSB Industries Inc • April 1st, 2002 • Industrial inorganic chemicals

This letter is to inform you that The CIT Group/Equipment Financing, Inc. ("CIT") hereby agrees to waive any covenant violation under that certain Loan and Security Agreement dated October 31, 1994, including any amendments and guaranties thereto, between DSN Corporation, as Borrower, and CIT, as Lender, for the period from April 1, 2002 and December 31, 2002, subject to the following:

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