Extension Agreement to $1 Billion Credit Agreement among Praxair, Inc., Wells Fargo Bank, and JPMorgan Chase Bank

Summary

This agreement extends the termination date of a $1 billion credit agreement originally dated December 23, 2004, between Praxair, Inc., its subsidiaries, various lenders, and JPMorgan Chase Bank as Administrative Agent. The new termination date is December 23, 2011. The agreement is governed by New York law and is signed by representatives of Praxair, Wells Fargo Bank, and JPMorgan Chase Bank.

EX-10.17C 7 dex1017c.htm EXTENSION AGREEMENT TO $1 BILLION CREDIT AGREEMENT Extension Agreement to $1 Billion Credit Agreement

Exhibit 10.17c

EXTENSION AGREEMENT

JPMorgan Chase Bank, N.A.,

as Administrative Agent

under the Credit Agreement

referred to below

270 Park Avenue

New York, New NY 10017

Gentlemen:

The undersigned hereby agrees to extend the Termination Date under the Credit Agreement dated as of December 23, 2004 (as amended from time to time, the “Credit Agreement”) among Praxair, Inc., a Delaware corporation (the “Company”), the Subsidiaries referred to therein, the Lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent (the “Administrative Agent”), Bank of America, N.A., as Syndication Agent and Citibank, N.A. and Credit Suisse First Boston, as Co-Documentation Agents, to December 23, 2011. Terms defined in the Credit Agreement are used herein with the same meaning.

This Extension Agreement shall be construed in accordance with and governed by the law of the State of New York.


WELLS FARGO BANK, N.A.

By:	/s/ JORDAN FRAGIACOMO
	Name:	JORDAN FRAGIACOMO
	Title:	Vice President

Agreed and accepted:


PRAXAIR, INC.

By:	/s/ Michael J. Allan
	Name:	Michael J. Allan
	Title:	Vice President and Treasurer

JPMORGAN CHASE BANK, N.A., as Administrative Agent

By:	/s/ Stacey L. Haimes
	Name:	Stacey L. Haimes
	Title:	Executive Director