Notice of Termination of Commitments under Amended and Restated Credit Agreement – Renaissance Worldwide, Inc. and Bank of America, N.A.

Summary

Bank of America, N.A., acting as Administrative Agent, notifies all lenders that Renaissance Worldwide, Inc. has fully repaid all amounts owed under the Amended and Restated Credit Agreement dated July 15, 1999. As of October 20, 2000, all lender commitments under the agreement are terminated, and each lender has received its share of principal, interest, and fees. This notice confirms the conclusion of the credit arrangement between the parties.

EX-10.2 3 0003.txt TERMINATION OF COMMITMENTS UNDER CREDIT AGRMNT EXHIBIT 10.2 Bank of America, N.A. Mail code: CA5-705-41-03 555 California Street, 41st Floor San Francisco, CA 94104-1502 Carl Fye Vice President Bank of America Credit Products 12407 ***@*** [LOGO] Direct Dial: (415) 953-6903 FAX: (415) 622-2385 October 20, 2000 VIA facsimile/email (RightFax) TO: ALL LENDERS Re: RENAISSANCE WORLDWIDE, INC. (the "Company") Amended and Restated Credit Agreement dated as of July 15, 1999, as amended (the "Credit Agreement") Termination of Commitments Under the Credit Agreement. On behalf of Bank ----------------------------------------------------- of America National Association, as Administrative Agent under the above referenced Credit Agreement, please be advised that all amounts due (including all principal, interest, fees, and expenses) have been paid to the Agent by the Company, and the Commitments of the Lenders thereunder terminated, as of today, October 20, 2000. Payment of Fees. By fedwire today, each Lender party to the Agreement has --------------- been wired from our Credit Services - Agency Group its pro rata share of all principal, interest, and fees. Very truly yours, /s/ Carl Fye Bank of America, N.A., as Administrative Agent Carl F. Fye Vice President cc: Joseph Pesce, Renaissance Worldwide, Inc. Maureen McMorrow, Renaissance Worldwide, Inc. Robert Nash, Jenkens & Gilchrist Jason Cone, Jenkens & Gilchrist