AMENDMENT
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AMENDMENT, dated as of April 1, 1998, to the Five Year Credit
Agreement dated as of May 30, 1997 (the "Credit Agreement"), among
Colgate-Palmolive Company, the Banks named therein, Citibank, N.A., as
Administrative Agent, and Morgan Guaranty Trust Company of New York, as
Documentation Agent.
W I T N E S S E T H :
WHEREAS, the Borrower and the Banks desire to amend the Credit
Agreement as set forth below;
NOW, THEREFORE, the parties hereto agree as follows:
Section 1. DEFINITIONS; REFERENCES. Unless otherwise specifically
defined herein, each term used herein which is defined in the Credit
Agreement shall have the meaning assigned to such term in the Credit
Agreement. Each reference therein to "this Agreement", "hereof",
"hereunder", "herein" and "hereby" and each similar reference contained in
the Credit Agreement shall from and after the date hereof refer to the Credit
Agreement as amended hereby.
Section 2. AMENDMENT OF SECTION 6.01 OF THE AGREEMENT. Section
6.01(f) of the Credit Agreement is amended by deleting the phrase
"$50,000,000" contained therein and inserting in lieu thereof the phrase
"$100,000,000".
Section 3. GOVERNING LAW. This Amendment shall be governed by and
construed in accordance with the laws of the State of New York.
Section 4. COUNTERPARTS; EFFECTIVENESS. This Amendment may be
signed in any number of counterparts, each of which shall be an original,
with the same effect as if the signatures thereto and hereto were upon the
same instrument. This Amendment shall become effective as of the date hereof
when the Administrative Agent shall have received duly executed counterparts
hereof signed by the Borrower and the Required Lenders (or, in the case of
any party as to which an executed counterpart shall not have been received,
the Administrative Agent shall
have received telegraphic, telex or other written confirmation from such party
of execution of a counterpart hereof by such party). Except as specifically
amended hereby, the Credit Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed by their respective authorized officers as of the day and year
first above written.
COLGATE-PALMOLIVE COMPANY
By
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Name:
Title:
CITIBANK, N.A., as Administrative Agent
By
-----------------------------
Name:
Title:
MORGAN GUARANTY TRUST
COMPANY OF NEW YORK, as
Documentation Agent
By
-----------------------------
Name:
Title:
2
CITIBANK, N.A.
By
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Name:
Title:
MORGAN GUARANTY TRUST
COMPANY OF NEW YORK
By
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Name:
Title:
BANCA COMMERCIALE ITALIANA NEW
YORK BRANCH
By
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Name:
Title:
BANCO SANTANDER
By
-----------------------------
Name:
Title:
By
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Name:
Title:
3
BANK OF AMERICA NT & SA
By
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Name:
Title:
THE BANK OF NEW YORK
By
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Name:
Title:
BANKERS TRUST COMPANY
By
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Name:
Title:
BANQUE NATIONALE DE PARIS
By
-----------------------------
Name:
Title:
By
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Name:
Title:
BANQUE PARIBAS
By
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Name:
Title:
4
THE CHASE MANHATTAN BANK
By
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Name:
Title:
CREDIT SUISSE FIRST BOSTON
By
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Name:
Title:
By
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Name:
Title:
DEUTSCHE BANK AG, NEW YORK AND/OR
CAYMAN ISLANDS BRANCHES
By
-----------------------------
Name:
Title:
By
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Name:
Title:
THE FIRST NATIONAL BANK OF CHICAGO
By
-----------------------------
Name:
Title:
5
NATIONAL WESTMINSTER BANK PLC
By
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Name:
Title:
NATIONAL WESTMINSTER BANK PLC,
NASSAU BRANCH
By
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Name:
Title:
NATIONSBANK, N.A.
By
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Name:
Title:
PNC BANK, NATIONAL ASSOCIATION
By
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Name:
Title:
ROYAL BANK OF CANADA
By
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Name:
Title:
6
ISTITUTO BANCARIO SAN PAOLO DI
TORINO SPA
By
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Name:
Title:
SOCIETE GENERALE NEW YORK BRANCH
By
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Name:
Title:
STANDARD CHARTER BANK
By
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Name:
Title:
THE SUMITOMO BANK LIMITED
By
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Name:
Title:
7