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EXHIBIT 4.6(b)
[JPMORGAN LOGO]
EXTENSION AGREEMENT
Arch Chemicals, Inc.
501 Merritt 7
Norwalk, Connecticut 06856
Attention: Mr. W. Paul Bush
The Chase Manhattan Bank, as Administrative Agent
under the 364-Day Credit Agreement referred to below
270 Park Avenue
New York, New York 10017
January 24, 2001
Gentlemen:
Each undersigned Lender hereby agrees to extend, effective on
January 24, 2001 (the "Extension Date"), the Maturity Date under the 364-Day
Credit Agreement dated as of January 27, 1999 (as extended on January 26, 2000
and as the same may be amended, supplemented or otherwise modified from time to
time, the "364-Day Credit Agreement") among Arch Chemicals, Inc., Olin
Corporation, the Lenders and agents party thereto and The Chase Manhattan Bank,
as administrative agent for the Lenders, to January 23, 2002. Terms defined in
the 364-Day Credit Agreement are used herein as therein defined.
This Agreement may be executed by one or more of the parties to
this Agreement on any number of separate counterparts, and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument.
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This Extension Agreement shall be governed by and construed in
accordance with the laws of the State of New York.
THE CHASE MANHATTAN BANK,
individually and as Administrative Agent,
By: /s/ Lawrence Palumbo, Jr.
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Name: Lawrence Palumbo, Jr.
Title: Vice President
BANK OF AMERICA, N.A.,
individually and as Syndication Agent,
By: /s/ Donald J. Chin
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Name: Donald J. Chin
Title: Managing Director
WACHOVIA BANK, N.A.,
individually and as Documentation Agent,
By: /s/ Jane C. Deaver
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Name: Jane C. Deaver
Title: Senior Vice President
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THE BANK OF NEW YORK
By: /s/ Kenneth P. Sneider
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Name: Kenneth P. Sneider
Title: Vice President
DAI ICHI KANGYO BANK LTD
By: /s/ Robert Gallagher
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Name: Robert Gallagher
Title: Vice President
FIRST UNION NATIONAL BANK
By: /s/ Stephen T. Dorosh
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Name: Stephen T. Dorosh
Title: Vice President
FLEET NATIONAL BANK
By: /s/ Deanne M. Horn
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Name: Deanne M. Horn
Title: Director
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SUNTRUST BANK
By: /s/ W. David Wisdom
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Name:
Title:
By:
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Name:
Title:
ABN AMRO BANK N.V.
By: /s/ George Dugan
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Name: George Dugan
Title: Group Vice President
By: /s/ Patricia Christy
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Name: Patricia Christy
Title: Vice President
PNC BANK, NATIONAL ASSOCIATION
By: /s/ Donald V. Davis
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Name: Donald V. Davis
Title: Vice President
THE NORTHERN TRUST COMPANY
By: /s/ Nicole D. Boehm
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Name: Nicole D. Boehm
Title: Second Vice President
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BBL INTERNATIONAL (U.K.) LIMITED
By: /s/ C.R. Wright
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Name: C.R. Wright
Title: Authorized Signatory
By: /s/ M-C Swinnen
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Name: M-C Swinnen
Title: Authorized Signatory
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Agreed and accepted:
ARCH CHEMICALS, INC.
By: /s/ W. Paul Bush
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Name: W. Paul Bush
Title: Treasurer
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