THISDOCUMENT CONSISTS OF 2 PAGE(S). 2
Exhibit 10.2
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| CUSTOMER REFERENCE: 00000001305680 | |
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| DATE OF AMENDMENT: MARCH 3, 2004 |
| AMENDMENT TO LETTER OF CREDIT NO.: | |
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| 1S1305680 | |
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| DATE OF ISSUE: JANUARY 23, 2002 | |
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| ISSUING BANK: |
| APPLICANT: | |
| FLEET NATIONAL BANK |
| WATTS INDUSTRIES, INC. | |
| C/O GLOBAL TRADE OPERATIONS |
| 815 CHESTNUT ST. | |
| 1 FLEET WAY, MAIL STOP: PAEH0802SM |
| NORTH ANDOVER, MA 01845 | |
| SCRANTON PA ###-###-#### |
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| BENEFICIARY: | |
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| ACE PROPERTY AND CASUALTY INSURANCE | |
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| COMPANY AND PACIFIC EMPLOYERS' | |
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| INSURANCE COMPANY | |
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| 1601 CHESTNUT ST. | |
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| PHILADELPHIA, PA. 19103-0000 | |
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| ATTN: COLLATERAL MANAGER | |
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| THE ABOVE MENTIONED CREDIT IS AMENDED AS FOLLOWS: | |||
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| THE AMOUNT OF THIS CREDIT HAS BEEN INCREASED BY USD 8,347,667.00 | |||
| THE AMOUNT OF THE CREDIT ISSUED NOW TOTALS USD 20,195,267.00 | |||
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| ALL CORRESPONDENCE INCLUDING PRESENTATIONS UNDER THIS LETTER OF CREDIT SHALL BE SENT TO FLEET NATIONAL BANK, ATTN: GLOBAL TRADE OPERATIONS DEPT., STANDBY UNIT, 1 FLEET WAY, SCRANTON, PA 18507. | |||
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| ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. | |||
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| /s/ [Illegible] | |
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| AUTHORIZED SIGNATURE | |
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THIS IS AN INTEGRAL PART OF LETTER OF CREDIT/ADVICE NUMBER: 1S1305680
THIS DOCUMENT CONSISTS OF 2 PAGE(S).
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