0000950124-04-002098 Sample Contracts

Exhibit 4.39 PARTICIPATION AGREEMENT (Steelcase Trust No. 2000-1) Dated as of May 26, 2000
Participation Agreement • May 6th, 2004 • Steelcase Inc • Office furniture (no wood) • New York
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FIRST AMENDMENT (STEELCASE TRUST NO. 2000-1)
Participation Agreement • May 6th, 2004 • Steelcase Inc • Office furniture (no wood)
WITNESSETH:
Security Agreement • May 6th, 2004 • Steelcase Inc • Office furniture (no wood)

This SECURITY AGREEMENT SUPPLEMENT NO. 2 (Steelcase Trust No. 2000-1), dated August 23, 2000 (herein called this "Supplement") between FIRST SECURITY BANK, NATIONAL ASSOCIATION, not in its individual capacity, but solely as Certificate Trustee (herein called the "Borrower"), under the Steelcase Trust No. 2000-1 and, FIRST SECURITY TRUST COMPANY OF NEVADA, as Administrative Agent (the "Administrative Agent") and is filed with the Federal Aviation Administration ("FAA") as a Supplement to the Security Agreement (defined herein) a counterpart of which was recorded by the FAA on July 17, 2000 and assigned conveyance number H099652. This Supplement is accepted and agreed to by STEELCASE INC., a Michigan corporation (the "Lessee"). Capitalized terms used herein without definition shall have the meanings set forth in Appendix A to the Participation Agreement as such term is defined in the Security Agreement.

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Security Agreement • May 6th, 2004 • Steelcase Inc • Office furniture (no wood) • New York
APPENDIX A to Participation Agreement
Participation Agreement • May 6th, 2004 • Steelcase Inc • Office furniture (no wood)
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