TENTH AMENDMENT TO
AMENDED AND RESTATED
EWP BRIDGE LOAN AGREEMENT
This
TENTH AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT (this
"Amendment") is made and entered into as of
January 15, 2004
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 Ninth
Amendment to Amended and
Restated EWP Bridge Loan Agreement dated as of December 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
February 29, 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 amended as necessary or appropriate to reflect the terms and
conditions set forth in the Loan Agreement
as modified by this Amendment, and in
the event of a conflict between any term or
condition of such Notes and the L
