ABN AMRO Allied Irish Bank Banco Bilbao Vizcaya Argentaria Bank of America Bank of Tokyo-Mitsubishi BNP Paribas Calyon Citigroup Credit Suisse First Boston JP Morgan Chase Lehman Merrill Lynch Mizuho Corporate Bank Morgan Stanley Bank Rabobank International Royal Bank of Scotland San Paolo SunTrust Bank
Exhibit 10.2
NOTICE TO LENDERS
| Memorandum | |
| To: | Lenders |
| From: | Citicorp USA, Inc. as Administrative Agent (the “Agent”) |
| Date: | July 26, 2006 |
| Re: | Sealed Air Corporation’s $500,000,000 5-Year Revolving Credit Facility |
Please be advised that the Required Lenders have approved the request for Extension of Termination Date (as defined in the Credit Agreement dated July 26, 2005). The following lenders have approved the extension:
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| ABN AMRO |
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| Allied Irish Bank |
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| Banco Bilbao Vizcaya Argentaria |
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| Bank of America |
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| Bank of Tokyo-Mitsubishi |
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| BNP Paribas |
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| Calyon |
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| Citigroup |
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| Credit Suisse First Boston |
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| JP Morgan Chase |
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| Lehman |
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| Merrill Lynch |
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| Mizuho Corporate Bank |
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| Morgan Stanley Bank |
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| Rabobank International |
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| Royal Bank of Scotland |
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| San Paolo |
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| SunTrust Bank |
The Company has satisfied all applicable conditions set forth in Section 2.20 of the Credit Agreement effective today, July 26, 2006. The new Termination Date will be July 26, 2011.
Sealed Air Corporation and Citigroup thank you for your continued support.
