EXHIBIT 10.1 VIA FACSIMILE AND FIRST CLASS MAIL Ableco Finance LLC 299 Park Avenue 21st Floor New York, NY 10171 Attention: Mr. Daniel F. Wolf Facsimile No.: 212-891-1541 Dear Mr. Wolf: Reference is made to the Loan and Security Agreement, dated...Loan and Security Agreement • November 1st, 2006 • C&d Technologies Inc • Miscellaneous electrical machinery, equipment & supplies
Contract Type FiledNovember 1st, 2006 Company IndustryReference is made to the Loan and Security Agreement, dated December 7, 2005, by and among C&D Technologies, Inc. ("Parent"), C&D Technologies (Datel), Inc.("Datel"), C&D Technologies (CPS) LLC ("CPS", and together with Parent and Datel, the "Borrowers"), C&D Charter Holdings, Inc. ("Charter"), C&D Dynamo Corp. ("Dynamo"), Dynamo Acquisition Corp. ("Acquisition"), C&D International Investment Holdings Inc. ("International") and Datel Holding Corporation ("Datel Holding", and together with Charter, Dynamo, Acquisition and International, the "Guarantors"), the parties thereto from time to time as lenders, whether by execution of the Loan Agreement or an Assignment and Acceptance (collectively, the "Lenders"), and Ableco Finance LLC, as agent for the Lenders (in such capacity, the "Agent"), (as amended by Amendment No. 1 to Loan and Security Agreement, dated March 30, 2006, by and among Agent, Lenders, Borrowers and Guarantors and by the Consent, Waiver and Amendment No. 2 to Loan and Sec