Document:

<PAGE>

                                                                    Exhibit 10.1

                                                          Amendment to Documents

AMENDMENT NO. 2 TO BUSINESS LOAN AGREEMENT

     This Amendment No. 2 (the "Amendment") dated as of _______________________,
______, is between Bank of America, N.A. (the "Bank"), formerly Bank of America
National Trust and Savings Association and Sport Chalet, Inc. (the "Borrower").

                                   RECITALS
                                   --------

          A.   The Bank and the Borrower entered into a certain Business Loan
Agreement dated as of June 19, 1998, as previously amended (the "Agreement").

          B.   The Bank and the Borrower desire to further amend the Agreement.

                                   AGREEMENT
                                   ---------

     1    Definitions.  Capitalized terms used but not defined in this Amendment
          -----------
shall have the meaning given to them in the Agreement.

     2    Amendments.  The Agreement is hereby amended as follows:
          ----------

          2.1  The Bank has changed the name of the "Reference Rate" to the
               "Prime Rate".  The term "Reference Rate" is therefore amended to
               read "Prime Rate" throughout the Agreement.

          2.2  Paragraph 1.1 of the Agreement is amended to read in its entirety
               as follows:

               "1.1   Applicable Margin. The Applicable Margin shall be the
               following amounts per annum, based upon the fixed charge coverage
               ratio (as defined in the 'Covenants' section of this Agreement),
               as set forth in the most recent compliance certificate received
               by the Bank as required in the Covenants section; provided,
               however, that, until the Bank receives the first compliance
               certificate, such amounts shall be those indicated for pricing
               level 1 set forth below:

               (a) Applicable Margin effective from the date of this Amendment
                   through March 31, 2001

                               Applicable Margin
                       (in percentage points per annum)

<TABLE>
<CAPTION>
               Pricing
               Level       Ratio                              Prime Rate        Offshore/LIBOR/Fixed Rate +
               -----       -----                              ----------        ---------------------------
               <S>         <C>                                <C>               <C>
               1           less than 1.0:1.0
                           but not less than .90:1.0          minus 0.25%       1.75%
               2           equal to or greater than
                           1.0:1.0                            minus 0.50%       1.50%
</TABLE>

               (b) Applicable Margin effective from April 1, 2001 and thereafter

                               Applicable Margin
                        in percentage points per annum)
<TABLE>
<CAPTION>
               Pricing
               Level       Ratio                              Prime Rate        Offshore/LIBOR/Fixed Rate +
               -----       -----                              ----------        ----------------------------
               <S>         <C>                                <C>               <C>
               1           less than 1.15:1.0
                           but not less than 1.0:1.0          minus 0.25%       1.75%
               2           equal to or greater than
                           1.15:1.0                           minus 0.50%       1.50%
</TABLE>

               The Applicable Margin shall be in effect from the date the most
               recent compliance certificate is received by the Bank until the
               date the next compliance certificate is received; provided,
               however, that if the Borrower fails to timely deliver the next
               compliance certificate, the Applicable Margin from the date such
               compliance certificate was due until the date such compliance
               level set forth above."
<PAGE>

          2.3  In Paragraph 2.2 of the Agreement, the date "August  31, 2002" is
               substituted for the date "August 31, 2000".

          2.4  A new Paragraph 8.2(e) is added to the Agreement, which reads in
               its entirety as follows:

               "(e)  Copies of the Borrower's Form 10-K Annual Report and Form
                     10-Q Quarterly Report within 30 days after the date of
                     filing with the Securities and Exchange Commission."

          2.5  Paragraph 8.4 of the Agreement is deleted in its entirety.

          2.6  In Paragraph 8.5 of the Agreement, the first sentence is amended
          to read in full as follows:

               To maintain a Fixed Charge Coverage Ratio of at least .90:1.0
               from the date of this Amendment through fiscal year ending March
               31, 2001, and 1.0:1.0 from April 1, 2001 and thereafter.

          2.7  In the last sentence of Paragraph 8.5 of the Agreement, the
               phrase "calculation period" is substituted for the phrase
               "preceding fiscal year."

          2.8  Paragraph 8.6 of the Agreement is deleted in its entirety.

          2.9  In Paragraph 8.9 of the Agreement, the amount "Ten Million Seven
               Hundred Fifty Thousand Dollars ($10,750,000)" is substituted for
               the amount "Eight Million Five Hundred Thousand Dollars
               ($8,500,000)".

          2.10 Paragraph 8.10 of the Agreement is amended to read in its
               entirety as follows:

               "8.10   Paydown Period. To reduce the amount of advances
               outstanding under this Agreement to zero for a period of at least
               30 consecutive days in each line-year. 'Line-year' means the
               period between the date of this Amendment and August 31, 2001,
               and each subsequent one-year period (if any)."

     3    Representations and Warranties.  When the Borrower signs this
          ------------------------------
Amendment, the Borrower represents and warrants to the Bank that: (a) there is
no event which is, or with notice or lapse of time or both would be, a default
under the Agreement except those events, if any, that have been disclosed in
writing to the Bank or waived in writing by the Bank, (b) the representations
and warranties in the Agreement are true as of the date of this Amendment as if
made on the date of this Amendment, (c) this Amendment is within the Borrower's
powers, has been duly authorized, and does not conflict with any of the
Borrower's organizational papers, and (d) this Amendment does not conflict with
any law, agreement, or obligation by which the Borrower is bound.

     4    Effect of Amendment.  Except as provided in this Amendment, all of the
          -------------------
terms and conditions of the Agreement shall remain in full force and effect.

     This Amendment is executed as of the date stated at the beginning of this
Amendment.

Bank of America, N.A.                      Sport Chalet, Inc.

X  /s/  Jeffrey A. Thom                    X  /s/  Howard K. Kaminsky
-------------------------------------      -------------------------------------

By: Jeffrey A. Thom, Vice President        By: Howard Kaminsky, Chief Financial
                                                        OfficerEXHIBIT 4.1

                            CERTIFICATE OF AMENDMENT
                                       OF
                         ANADARKO PETROLEUM CORPORATION
                      RESTATED CERTIFICATE OF INCORPORATION

      Anadarko Petroleum Corporation (the "Corporation"), a corporation
organized and existing under and by virtue of the General Corporation Law of the
State of Delaware, does hereby certify that:

            (i) The amendments set forth below to the Corporation's Restated
      Certificate of Incorporation previously filed in the Office of the
      Secretary of State of Delaware on August 29, 1986, as amended, have been
      duly adopted by the Board of Directors of the Corporation, and the Board
      has declared said amendments to be advisable and called a meeting of the
      stockholders of the Corporation for consideration thereof.

            (ii) Thereafter, pursuant to resolution of its Board of Directors,
      a special meeting of the stockholders of said corporation was duly called
      and held, upon notice in accordance with Section 222 of the General
      Corporation Law of the State of Delaware, at which meeting the necessary
      number of shares as required by statute were voted in favor of the
      amendments.

            (iii) The first paragraph of Article Fourth thereof is amended and
      restated to read as follows:

                  "FOURTH. The total number of shares which the Corporation
                  shall have authority to issue is 452,000,000 shares, of which
                  (a) 2,000,000 shares shall be Preferred Stock, issuable in
                  series, of the par value of $1.00 per share and (b)
                  450,000,000 shares shall be Common Stock, of the par value of
                  $0.10 per share."

            (iv)  Article Seventh thereof is amended and restated to read
      as follows:

                  "SEVENTH. The business and affairs of the Corporation shall be
                  managed by or under the direction of a Board of Directors
                  consisting of not less than six nor more than fifteen
                  directors, the exact number of directors to be determined from
                  time to time by resolution adopted by affirmative vote of a
                  majority of the entire Board of Directors. The directors shall
                  be divided into three classes, designated Class I, Class II
                  and Class III. Each class shall consist, as nearly as may be
                  possible, of one-third of the total number of directors
                  constituting the entire Board of Directors. At a special
                  meeting of stockholders held on August 27, 1986, Class I
                  directors were elected for a term ending at the 1987 Annual
                  Meeting of Stockholders, Class II directors were elected for a
                  term ending at the 1988 Annual Meeting of Stockholders and
                  Class III directors were elected for a term ending at the 1989
                  Annual Meeting of Stockholders, in each case effective as of
                  the date of filing of this Restated Certificate of
                  Incorporation with the Secretary of State of the State of
                  Delaware. At

<PAGE>

                  each Annual Meeting of Stockholders beginning in
                  1987, successors to the class of directors whose term expires
                  at that Annual Meeting shall be elected for a three-year term.
                  If the number of directors is changed, any increase or
                  decrease shall be apportioned among the classes so as to
                  maintain the number of directors in each class as nearly equal
                  as possible, and any additional director of any class elected
                  to fill a vacancy resulting from an increase in such class
                  shall hold office for a term that shall coincide with the
                  remaining term of that class, but in no case will a decrease
                  in the number of directors shorten the term of any incumbent
                  director. A director shall hold office until the Annual
                  Meeting for the year in which his term expires and until his
                  successor shall be elected and shall qualify, subject,
                  however, to prior death, resignation, retirement,
                  disqualification or removal from office. Any vacancy on the
                  Board of Directors that results from an increase in the number
                  of directors may be filled by a majority of the Board of
                  Directors then in office, provided that a quorum is present,
                  and any other vacancy occurring on the Board of Directors may
                  be filled by a majority of the directors then in office, even
                  if less than a quorum, or by a sole remaining director. Any
                  director elected to fill a vacancy not resulting from an
                  increase in the number of directors shall have the same
                  remaining term as that of his predecessor.

                  Subject to the rights of the holders of any series of
                  Preferred Stock then outstanding, any director, or the entire
                  Board of Directors, may be removed from office at any time,
                  but only for cause."

            (v) These amendments were duly adopted in accordance with the
      provisions of Section 242 of the General Corporation Law of the State of
      Delaware.

      IN WITNESS WHEREOF, Anadarko Petroleum Corporation has caused this
certificate to be signed by J. Stephen Martin, its authorized officer, this 13th
day of July, 2000.

                                          Anadarko Petroleum Corporation

                                          /s/ J. Stephen Martin
                                          ---------------------------
                                          Name: J. Stephen Martin
                                          Title: Vice President

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