Exhibit 10.2

AMENDMENT NO. 1

TO

SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT

This AMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT
dated as of February 8, 2006 (this “Amendment”), by and among BARNES GROUP INC.
(“BGI”), BARNES GROUP SWITZERLAND GMBH, NEVIS BRANCH (“Barnes Switzerland” and
together with BGI, the “Borrowers”, and each individually, a “Borrower”), BANK
OF AMERICA, N.A. and the other lending institutions party thereto (the
“Lenders”) and BANK OF AMERICA, N.A., as administrative agent for itself and
such other lending institutions (the “Administrative Agent”), amends certain
provisions of the Second Amended and Restated Revolving Credit Agreement, dated
as of January 11, 2006, among the Borrowers, the Administrative Agent and the
Lenders, with Banc of America Securities LLC, as Arranger, KeyBank National
Association, as Syndication Agent and HSBC Bank USA National Association and
Webster Bank, National Association as Co-Documentation Agents (as amended and in
effect from time to time, the “Credit Agreement”). Capitalized terms used herein
without definition shall have the meanings assigned to such terms in the Credit
Agreement.

WHEREAS, the parties desire to amend the Credit Agreement as hereinafter set
forth.

NOW THEREFORE, in consideration of the mutual agreements contained in the Credit
Agreement and herein and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto hereby
agree as follows:

§1. Amendments to the Credit Agreement.

§1.1. Amendments to Section 9.3 of the Credit Agreement. Section 9.3 of the
Credit Agreement is hereby amended by (i) deleting the word “and” immediately
following clause (k), (ii) deleting “.” at the end of clause (l) and
substituting “; and” therefor, and (iii) inserting the following new clause
(m) at the end of the subsection:

“(m) Investments by BGI in Capital Stock of any Person, in an aggregate amount
not to exceed $30,000,000 outstanding at any time.”

§2. Affirmation and Acknowledgment. Each Borrower hereby ratifies and confirms
all of its Obligations to the Administrative Agent, including, without
limitation, the Loans, and each Borrower hereby affirms its absolute and
unconditional promise to pay to the Administrative Agent the Loans and all other
amounts due under the Credit Agreement as amended hereby.

§3. Representations and Warranties. Each Borrower hereby represents and warrants
to the Administrative Agent as follows:

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(a) Representations and Warranties in the Credit Agreement. The representations
and warranties of the Borrowers contained in the Credit Agreement were true and
correct in all material respects as of the date when made and continue to be
true and correct in all material respects on the date hereof, except to the
extent of changes resulting from transactions contemplated or permitted by the
Credit Agreement, as amended by this Amendment, and the other Loan Documents and
changes occurring in the ordinary course of business that singly or in the
aggregate are not materially adverse, or the extent that such representations
and warranties relate expressly to an earlier date.

(b) Ratification, Etc. Except as expressly amended hereby, the Credit Agreement,
the other Loan Documents and all documents, instruments and agreements related
thereto, are hereby ratified and confirmed in all respects and shall continue in
full force and effect. The Credit Agreement, together with this Amendment, shall
be read and construed as a single agreement. All references in the Loan
Documents to the Credit Agreement or any other Loan Document shall hereafter
refer to the Credit Agreement or any other Loan Document as amended hereby.

(c) Authority, Etc. The execution and delivery by each of the Borrowers of this
Amendment and the performance by each of the Borrowers of all of their
agreements and obligations under the Credit Agreement as amended and the other
Loan Documents hereby are (i) within the corporate (or equivalent company)
authority of such Person, (ii) have been or will be (prior to becoming a party
thereto) duly authorized by all necessary corporate (or the equivalent company)
proceedings, (iii) do not and will not conflict with or result in any breach or
contravention of any provision of law, statute, rule or regulation to which any
of the Borrowers or any of their Subsidiaries is subject or any judgment, order,
writ, injunction, license or permit applicable to any of the Borrowers or any of
their Subsidiaries and (iv) do not conflict with any provision of the Governing
Documents of, or any agreement or other instrument binding upon any the
Borrowers or any of their Subsidiaries.

(d) Enforceability of Obligations. The execution and delivery of this Amendment,
the Credit Agreement as amended and the other Loan Documents hereby constitute
the valid and legally binding obligations of such Person enforceable against it
in accordance with the respective terms and provisions hereof and thereof,
except as enforceability is limited by bankruptcy, insolvency, reorganization,
moratorium or other laws relating to or affecting generally the enforcement of
creditors’ rights and except to the extent that availability of the remedy of
specific performance or injunctive relief is subject to the discretion of the
court before which any proceeding therefor may be brought.

(e) No Default. No Default or Event of Default has occurred and is continuing.

§4. Conditions. This Amendment shall become effective on the date upon the
Administrative Agent’s receipt of counterparts of this Amendment, executed and

 

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delivered by each of the Borrowers, the Required Lenders, and the Administrative
Agent.

§5. Miscellaneous Provisions

§5.1. Except as otherwise expressly provided by this Amendment, all of the
terms, conditions and provisions of the Credit Agreement and the Loan Documents
shall remain the same. It is declared and agreed by each of the parties hereto
that the Credit Agreement and the Loan Documents, as amended hereby, shall
continue in full force and effect, and that this Amendment and the Credit
Agreement and the Loan Documents shall be read and construed as one instrument.

§5.2. THIS AMENDMENT IS A CONTRACT UNDER THE LAWS OF THE STATE OF NEW YORK AND
SHALL, PURSUANT TO NEW YORK GENERAL OBLIGATIONS LAW §5-1401, BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK.

§5.3. This Amendment may be executed in any number of counterparts, but all such
counterparts shall together constitute but one instrument. In making proof of
this Amendment, it shall not be necessary to produce or account for more than
one counterpart signed by each party hereto by and against which enforcement
hereof is sought.

§5.4. BGI hereby agrees to pay to the Administrative Agent, on demand by the
Administrative Agent, all reasonable out-of-pocket costs and expenses incurred
or sustained by the Administrative Agent in connection with the preparation of
this Amendment (including legal fees).

§5.5. The captions in this Amendment are for convenience of reference only and
shall not define or limit the provisions hereof.

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as a
document under seal as of the date first above written.

 

BARNES GROUP INC. By:  

/S/ William C. Denninger

  William C. Denninger  

Senior Vice President, Finance and

Chief Financial Officer

By:  

/S/ Lawrence W. O’Brien

  Lawrence W. O’Brien   Vice President, Treasurer BARNES GROUP SWITZERLAND GmbH
By:  

/S/ William C. Denninger

  William C. Denninger   Director

 

S-1 (Amendment No. 1)

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BANK OF AMERICA, N.A., individually, as
Issuing Bank and as Swing Line Lender By:  

/S/ Kenneth S. Struglia

  Kenneth S. Struglia   Director BANK OF AMERICA, N.A., as Administrative Agent
By:  

/S/ Matthew C. Correia

  Matthew C. Correia   AVP

 

S-2 (Amendment No. 1)

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HSBC BANK USA NATIONAL ASSOCIATION, individually and as Co-Documentation Agent
By:  

/S/ Robert H. Rogers

Name:   Robert H. Rogers Title:   First Vice President

 

S-3 (Amendment No. 1)

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KEYBANK NATIONAL ASSOCIATION, individually and as Syndication Agent By:  

/S/ Suzannah Harris

Name:   Suzannah Harris Title:   Vice President

 

S-4 (Amendment No. 1)

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MELLON BANK, N.A. By:  

/S/ William M. Feathers

Name:   William M. Feathers Title:   Vice President

 

S-5 (Amendment No. 1)

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WEBSTER BANK, NATIONAL ASSOCIATION, individually and as Co-Documentation Agent
By:  

/S/ Carol Carver

Name:   Carol Carver Title:   Vice President

 

S-6 (Amendment No. 1)

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THE BANK OF NEW YORK By:  

/S/ Kenneth P. Sneider, Jr.

Name:   Kenneth P. Sneider, Jr. Title:   Vice President

 

S-7 (Amendment No. 1)

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COMERICA BANK By:  

/S/ Stacey V. Judd

Name:   Stacey V. Judd Title:   Vice President

 

S-8 (Amendment No. 1)

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JPMORGAN CHASE BANK, N.A., f/k/a Bank One, NA (Main Office Chicago) By:  

/S/ Peter M. Killea

Name:   Peter M. Killea Title:   Vice President

 

S-9 (Amendment No. 1)

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THE GOVERNOR & COMPANY OF THE BANK OF IRELAND By:  

/S/ Deirdre Reddan

Name:   Deirdre Reddan Title:   Authorized Signatory By:  

/S/ Olivia Barriere

Name:   Olivia Barriere Title:   Authorized Signatory

 

S-10 (Amendment No. 1)

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BRANCH BANKING AND TRUST COMPANY By:  

/S/ Troy R. Weaver

Name:   Troy R. Weaver Title:   Senior Vice President

 

S-11 (Amendment No. 1)

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CALYON NEW YORK BRANCH By:  

/S/ James Gibson

Name:   James Gibson Title:   Managing Director By:  

/S/ Michael Madnick

Name:   Michael Madnick Title:   Director

 

S-12 (Amendment No. 1)