Exhibit 10(j)(ii)(b)

 

ALBANY INTERNATIONAL RECEIVABLES CORPORATION

 

Albany International Corp.

Geschmay Corp.

Albany International Research Co.

Albany International Techniweave, Inc.

Albany International Canada Inc.

M & I Door Systems Ltd.

 

Re:                               Second Amendment to Exhibit A to Purchase and
Sale Agreement dated As of September 28, 2001 (the “Agreement”), as previously
amended Effective March 1, 2002

 

Ladies and Gentlemen:

 

The undersigned, Albany International Receivables Corporation, as Buyer under
the Agreement, hereby proposes to further amend Exhibit A of the Agreement,
pursuant to the terms of such Exhibit A as well as Section 8.1 of the Agreement,
as follows:

 

The Historical Loss Factor, which was initially described as 0.6% of the Face
Amount of receivables sold to Buyer, and later amended to 0.1% of such amount,
is hereby amended to 0.4%.

 

These changes in pricing terms shall be effective as of July 1, 2003. 
Capitalized terms used but not defined above shall have the meanings ascribed to
them in the Agreement.

 

Please indicate your acceptance of the foregoing by executing in the space
provided below your name.

 

 

 

Very truly yours,

 

 

 

 

 

 

 

ALBANY INTERNATIONAL
RECEIVABLES CORPORATION

 

 

 

 

 

 

 

 

 

 

 

By:

/s/ David Michaels

 

 

 

 

 

David C. Michaels

 

 

 

 

President & Treasurer

 

 

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ACCEPTED BY:

 

 

 

ALBANY INTERNATIONAL CORP.

 

 

By:

/s/

Charles J. Silva

 

Name:

Charles J. Silva, Jr.

Title:

Vice President and General Counsel

 

 

GESCHMAY CORP.

 

 

 

BY:

/S/

CHARLES J. SILVA

 

Name:

Charles J. Silva, Jr.

Title:

Vice President and Secretary

 

 

ALBANY INTERNATIONAL RESEARCH CO.

 

 

 

By:

/s/

Charles J. Silva

 

Name:

Charles J. Silva, Jr.

Title:

Vice President

 

 

 

ALBANY INTERNATIONAL TECHNIWEAVE, INC.

 

 

 

By:

/s/

Charles J. Silva

 

Name:

Charles J. Silva, Jr.

Title:

Secretary

 

 

ALBANY INTERNATIONAL CANADA INC.

 

 

 

By:

/s/

Edward Walther

 

Name:

Edward Walther

Title:

President

 

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