NINTH AMENDMENT TO
AMENDED AND RESTATED
EWP BRIDGE LOAN AGREEMENT
This
NINTH AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT (this
"Amendment") is made and entered into as of
December 15, 2003 between KEYSTONE
CONSOLIDATED INDUSTRIES, INC., a Delaware corporation ("Keystone"), and the
lenders listed in Annex I hereto
(individually a "Lender" and collectively, the
"Lenders").
Recitals
A. Keystone and the Lenders
have entered into that certain Amended and
Restated EWP Bridge Loan Agreement dated as of November 1, 2001, as
amended by
various amendments, the last of which is the Eighth
Amendment to Amended and
Restated EWP Bridge Loan Agreement dated as of November 15, 2003 between
Keystone and the Lenders (collectively, the
"Loan Agreement").
B. Keystone and the Lenders
wish to amend the Loan
Agreement as
provided
herein.
C. Capitalized
terms used but not
otherwise defined
herein shall have the
same meanings given to such terms in the
Loan Agreement.
Agreement
In consideration of the foregoing and the mutual
covenants and agreements
herein, the parties hereto do hereby agree
as follows.
Section 1.
Amendment to Loan
Agreement. Section 3.3
of the Loan Agreement
shall be amended by deleting such section in its entirety and
replacing it with
the following:
3.3. Maturity
Date. Unless the same shall become due earlier as a
result of
acceleration of the
maturity, the Loans
shall mature on January
31, 2004 (the
"Maturity Date"),
at which time the
outstanding
principal
balance of the
Loans and all accrued
and unpaid interest
and commitment
fees shall
become due and payable.
Section 2.
Effect on Loan Agreement and Notes. Upon the effectiveness of
this Amendment, all Notes outstanding immediately prior to such
effectiveness
shall be deemed ame