Exhibit (4)(vii)(a)
J.P. MORGAN
Stephen J. Kenneally
Vice President
Morgan Guaranty Trust Company of New York
60 Wall Street
New York, New York 10260-0060
Tel: 212-648-7012
March 5, 1993
Craig A. Douglas
Director, Corporate Finance
The Stanley Works
1000 Stanley Drive
New Britain, Ct. 06053
Dear Craig:
Morgan Guarantee Trust Company of New York ("Morgan") agrees to
extend the Termination Date of the Credit Agreement Between The
Stanley Works and Morgan dated April 1, 1992 to April 1, 1996.
Sincerely,
/s/ Stephen J. Kenneally
WACHOVIA
Wachovia Bank of Georgia, N.A.
Post Office Box 4148
Atlanta, Georgia 30302
March 8, 1993
Mr. Craig A. Douglas
Director, Corporate Finance
The Stanley Works
1000 Stanley Drive
New Britain, CT 06053
Re: Extension of Termination Date of
the Credit Agreement Between The
Stanley Works as Borrower and
Wachovia Bank of Georgia as
Lender Dated as of April 1, 1992
Dear Craig:
Pursuant to Section 2.14 of the subject credit agreement, Wachovia
Bank of Georgia, N.A. agrees to extend by one year to April 1,
1996, the Termination Date of the subject credit agreement.
Sincerely,
/s/ Robert F. Kennedy
Robert F. Kennedy
Assistant Vice President
BNP BANQUE NATIONALE DE PARIS
499 Park Avenue, New York, N.Y. 10022
Swift Address: BNPAUS3NB
Telephone: (212) 750-1400
Telex: 82759
Fax No: (212) 415-9696
March 19, 1993
The Stanley Works
1000 Stanley Drive
New Britain, CT 06050
Gentlemen:
RE: Amendment #1 to the Credit Agreement Dated 4/1/92
Reference is made to the Credit Agreement dated 4/1/92 between
your company, as Borrower, and our bank, as Lender. In this
connection we hereby amendment the Credit Agreement as follows:
1) In the definition "Termination Date" on page 12 of the Credit
Agreement the word "third" is hereby changed to read
"fourth".
2) The Credit Agreement, as hereby amended, remains in full
force and effect.
Please sign and return to us a copy of this letter confirming your
agreement to this Amendment.
Very truly yours,
AGREED AND ACCEPTED
THE STANLEY WORKS BANQUE NATIONAL DE PARIS
BY /s/ R. Alan Hunter BY /s/ Judith Domkowski
Name: R. Alan Hunter Name: Judith Domkowski
Title: Vice President, Title: Vice President
Finance and Chief
Financial Officer BY /s/ Eric Vigne
Name: Eric Vigne
Title: Sr. Vice President
World Headquarters: 16, Boulevard Des Italiens, 75009 Paris,
France
ROYAL BANK
OF CANADA
U.S.A. Headquarters
Financial Square
New York, New York
10005-3531
(212) 428-6200
March 24, 1993
Mr. Craig A. Douglas
Director, Corporate Finance
The Stanley Works
1000 Stanley Drive
New Britain, CT 06053
RE: $30MM RBC Bi-lateral Facility
Dear Craig:
Please accept this letter as confirmation that the termination
date for the above noted facility has been extended for an
additional year to April 1, 1996.
Regards,
/s/ Sheryl L. Greenberg
Sheryl L. Greenberg
Manager
Corporate Banking East
Citibank, N.A. 399 Park Avenue
New York, NY
10043 CITIBANK
January 3, 1994
Craig Douglas
Director of Corporate Finance
The Stanley Works
1000 Stanley Drive
New Britain, Connecticut 06050
Dear Craig,
This letter is to confirm our understanding and approval that
pursuant to section 2.14 of the Credit Agreement dated April 1,
1992 ("Credit Agreement"), the Termination Date of the Credit
Agreement has been extended by exactly one year from April 1, 1995
to a new maturity date of April 1, 1996.
All other terms and conditions of the Credit Agreement are the
same and remain in full force, unless otherwise amended and
approved by The Stanley Works and the The Lenders.
Yours truly,
/s/ Paolo de Alessandrini
Paolo de Alessandrini
Vice President
Citibank, N.A. Attorney-in-fact
BARCLAYS
BARCLAYS BANK PLC
International Corporate Group
P.O. Box No. 544, 54 Lombard Street, London EC3V 9EX
Telephone: 071-621-1888
Mr. C.A. Douglas, Your Ref: MJD/TW
Director, Our Ref: 4438
Corporate Finance Ext. No.:
The Stanley Works Ref: 023417
1000 Stanley Drive,
New Britain,
CT 06053,
U.S.A.
1 April 1993.
Dear Craig,
CREDIT AGREEMENT BETWEEN THE STANLEY WORKS AND BARCLAYS BANK
PLC DATED 1 APRIL 1992
We are pleased to confirm our earlier verbal approval
(Gray/Cronauer) that we have obtained credit approval to
extend the Termination Date of the above agreement 1 April
1996, pursuant to Section 2.14 of the agreement.
We look forward to continuing to be of service to The Stanely
Works.
Yours sincerely,
/s/ Jonathan L. Gray
JONATHAN L. GRAY
CORPORATE MANAGER
NORTH AMERICAN CORPORATE TEAM
INTERNATIONAL CORPORATE GROUP
Facsimile: 071-626 2145/071-588 8210 Telex: 418139 Answerback
BARCGB G