RECITALSCredit Agreement • September 11th, 1998 • Walker B B Co • Footwear, (no rubber) • Pennsylvania
Exhibit(4)(c)(10) SEPARATE AGREEMENT WITH MELLON BANK REGARDING CALCULATION OF FINANCIAL COVENANTS MELLON BUSINESS CREDIT September 10, 1998 Mr. Kent Anderson Chairman of the Board B.B. Walker Company 414 E. Dixie Drive Asheboro, NC 27203 Dear Kent:...Separate Agreement • September 11th, 1998 • Walker B B Co • Footwear, (no rubber)
As you have requested, Mellon Business Credit has approved a modification in the method of calculation of your financial covenants. With the change in the date of expiration of the Term Facility to December 31, 1998, all of that debt must be classified as short term for accounting purposes.
