EXHIBIT 4(c)
SEARS, XXXXXXX AND CO.
0000 XXXXXXX XXXX
XXXXXXX XXXXXXX, XXXXXXXX 00000
July 16, 2002
Sears, Xxxxxxx Acceptance Corp.
0000 Xxxxxxx Xxxx
Xxxxxxxxxx, Xxxxxxxx 00000
Gentlemen:
This is to confirm our agreement ("Extension Agreement") that the term "Debt
Securities" as defined in the Fixed Charge Coverage and Ownership Agreement
dated as of May 15, 1995 between Sears Xxxxxxx Acceptance Corp. ("SRAC"), and
Sears, Xxxxxxx and Co. shall be expanded to include up to $9.5 billion aggregate
initial offering price of debt securities to be issued by SRAC under
Registration Statement No. 333-92082.
If the foregoing satisfactorily sets forth your understanding of our agreement,
please indicate your acceptance by the signature of a duly authorized officer in
the space provided below and on the duplicate original of this letter which is
enclosed.
Very truly yours,
SEARS, XXXXXXX AND CO.
By: /s/ Xxxx X. Xxxxx
-------------------------
Xxxx X. Xxxxx
Chief Financial Officer
Accepted:
SEARS XXXXXXX ACCEPTANCE CORP.
By: /s/ Xxxxx X. Xxxxx
------------------------
Xxxxx X. Xxxxx
President
