EXTENSION AGREEMENT
THIS AGREEMENT, dated as of August 1, 1996, by and between Xxxxxx Xxxxxx
Consulting, Inc., a Delaware corporation, and State Street Bank and Trust
Company (the "Bank").
W I T N E S S T H:
WHEREAS, the Company and the Bank are parties to that certain Credit
Agreement dated as of May 17, 1995, as amended (the "Credit Agreement"); and
WHEREAS, the parties wish to extend the Expiration Date under the Credit
Agreement as hereinafter set forth;
NOW, THEREFORE, the parties hereto hereby agree as follows:
1. Definitions. Capitalized terms used herein without definition which are
defined in the Credit Agreement shall have the respective meanings ascribed to
them in the Credit Agreement.
2. Extension of Expiration Date. The Expiration Date is hereby extended
for a period of one (1) year to May 31, 1998.
3. Miscellaneous.
3.1. As modified hereby, the provisions of the Credit Agreement
shall continue in full force and effect.
3.2. This Agreement may be executed in any number of counterparts
and by the different parties hereto on separate counterparts, each of which when
so executed and delivered shall be an original, but all of the counterparts
shall together constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as a
sealed instrument as of the date first above written.
XXXXXX BAILLY CONSULTING, INC.
By: /s/ Xxxxxx X. Xxxxx, CFO
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(Title)
STATE STREET BANK AND TRUST COMPANY
By: /s/ Xxxxx X. Xxxxxxx, Vice President
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(Title)
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