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EXHIBIT 10.9
Amendment to Corporate Revolving and Term Loan
Agreement with Manufacturers and Traders Trust Company
dated June 17, 1997
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AMENDMENT NO. 4
TO
CORPORATE REVOLVING AND TERM LOAN AGREEMENT
Manufacturers and Traders Trust Company (the "Bank") and C.H. HEIST
Corp. (the "Borrower") hereby agree as follows:
1. Loan Agreement. The Bank and the Borrower are parties to a Corporate
Revolving and Term Loan Agreement dated December 23, 1993, and as amended (the
"Loan Agreement"). The Bank and the Borrower wish to amend the Loan Agreement
as set forth herein.
2. Amendment to Loan Agreement. The Bank and the Borrower hereby agree
that the Loan Agreement is amended as follows:
a. Section 00.xx.(ii) of the Loan Agreement, as previously amended,
is modified so that the reference to "0.875%" is deleted and "0.75%" is
substituted in its place.
b. Section 11.dd.(i) of the Loan Agreement, as previously amended,
is modified so that the reference to "August 1, 1998" is deleted and
"August 1, 1999" is substituted in its place.
3. Except as expressly modified herein, the Loan Agreement otherwise
remains unchanged and the Borrower hereby ratifies and reaffirms the Loan
Agreement, as amended, and any other documents executed in connection therewith,
and agrees that the Loan Agreement and all documents executed in connection
herewith are in full force and effect and fully enforceable with their terms and
not subject to any offset, claim, counterclaim or defense.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 4
to be duly executed by their authorized officers as of the 17th day of June,
1997.
C.H. HEIST CORP. MANUFACTURERS AND TRADERS
TRUST COMPANY
By: /s/ Xxxx X. Xxxxxx By: /s/ Xxxxx X. Xxxxx
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Xxxx X. Xxxxxx Xxxxx X. Xxxxx
Chief Financial Officer Banking Officer
