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EXHIBIT 10.14
FIRST AMENDMENT TO CREDIT AGREEMENT - THREE YEAR FACILITY
This First Amendment To Credit Agreement - Three Year Facility is
entered into this 29th day of March, 1995, by and among (a) KOMAG, INCORPORATED,
a Delaware corporation ("Borrower"); (b) the banks from time to time party
hereto, together with their respective successors and assigns (each a "Bank" and
collectively the "Banks"); and FIRST INTERSTATE BANK OF CALIFORNIA, a California
banking corporation ("FICAL"), as agent for the Banks (in such capacity, the
"Agent").
This First Amendment amends that certain Credit Agreement - Three Year
Facility dated as of December 15, 1994 and executed by and among Borrower, Banks
and Agent and Bank as follows:
1. Section 6.02, NEGATIVE COVENANTS (j) (vi), page 29: delete
the "and" at the end of the sub-section;
2. Section 6.02, NEGATIVE COVENANTS (j) (vii), page 30:
delete the "." at the end of the sub-section and replace with ";
and";
3 Section 6.02, NEGATIVE COVENANTS (j), page 30, insert a
new "(viii)" as follows:
"(viii) make investments which in the aggregate do not exceed
$5,000,000 during the term of this Agreement pursuant to
Borrower's Non Qualified Deferred Compensation Plan which will
become effective March 31, 1995."
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Except as specifically amended in this First Amendment or to the extent
necessary to be consistent with the provisions of this First Amendment, the
Credit Agreement - Three Year Facility shall continue in full force and effect
and be binding upon Borrower, Banks and Agent notwithstanding the execution and
delivery of this First Amendment.
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IN WITNESS WHEREOF, the parties hereto have duly executed this First
Amendment as of the day and year first hereinabove written.
FIRST INTERSTATE BANK OF KOMAG, INCORPORATED
CALIFORNIA, as the Agent and as a Bank
By: By:
----------------------------------- ---------------------------------
Title: Title:
-------------------------------- ------------------------------
Address:
South Bay Regional Corporate Center By:
000 Xxxx Xxxxxx Xxxxx ---------------------------------
Xxx Xxxx, Xxxxxxxxxx 00000 Title:
Attention: Xxxxxx X. Xxxxxx ------------------------------
Senior Vice President Address:
000 Xxxxx Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
Attention: Xxxxx X. Xxxxx
Treasurer
COMERICA BANK - CALIFORNIA ABN AMRO BANK, N.V.
By: By:
----------------------------------- ---------------------------------
Title: Title:
-------------------------------- ------------------------------
Address
000 Xxxx Xxxxx Xxxxx Xxxxxx By:
Xxx Xxxx, Xxxxxxxxxx 00000 ---------------------------------
Attention: Xxxx X. Xxxxxxx Title:
First Vice President ------------------------------
Address:
000 Xxxxxxxxxx Xxxxxx
Xxx Xxxxxxxxx, Xxxxxxxxxx 00000-0000
Attention: Xxxxx X. Xxx
Vice President
