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                                                               EXHIBITS 10.11(d)

SCOTIABANK
SCOTIABANK ANGUILLA LIMITED
P.O. Box 250
The Valley, Anguilla W.I.

13th June, 2001

Mr. Peter J. Sonnabend
Vice President
Sonesta International Hotels Corporation

Dear Mr. Sonnabend:

RE: SONESTA HOTELS OF ANGUILLA LIMITED

We are pleased to confirm the renewal of the following credit facilities to
Sonesta Hotels of Anguilla Limited ("The Borrower"), by Scotiabank Anguilla
Limited ("The Bank"), subject to the terms and conditions set out below and in
the Schedule "A" attached hereto (collectively referred to as the "Commitment
Letter").

This Commitment Letter supersedes all previous Commitment Letters and is not in
addition to any previous Commitment Letters.

Booking Office:               Scotiabank Anguilla Limited or any Branch of the
                              Bank of Nova Scotia designated by the Bank.

Credit #1
Amount:                       USD 3,327,750 non-revolving loan.

Purpose:                      To purchase the hotel now known as Sonesta Beach
                              Resort of Anguilla.

Interest Rate:                30, 60, or 90 day (Borrower's option) London
                              Inter-Bank Offer Rate (LIBOR) plus 2.25% per
                              annum. Interest is payable on funding rollover
                              dates, net of any withholding tax.

Availment:                    The credit/facility has been fully drawn.

Repayment:                    Repayable in quarterly installments with a balloon
                              payment as follows:

<Table>
<Caption>
                              DATE                          AMOUNT
                              <S>                           <C>
                              Sept. 01, 2001                $  97,875
                              Dec. 01, 2001                 $  97,875
</Table>

                                                                             120
<Page>

                              On Dec. 31, 2001 this loan will be consolidated
                              with credit #2 and will require quarterly
                              principal repayments of US$ 68,000 until Dec. 31,
                              2003, when a balloon repayment of US $3,808,000
                              will be due, or the loan subject to re-negotiation
                              at the Bank's option.

                              The foregoing principal payments and/or those
                              payments due on Credit #2 at the Bank's option,
                              are to be supplemented annually by application of
                              25% of Excess Cash Flow after debt service as
                              evidenced by audited year end financial
                              statements, with such payments to be made within
                              120 days of each fiscal year end and applied to
                              the loan in inverse order of loan payment
                              maturity. Excess Cash Flow is defined as net
                              income plus depreciation and amortization, plus
                              disbursements of any kind to officers, affiliates
                              or non-arms length parties, less principal paid on
                              Bank term loans, less Furniture, Fixtures and
                              Equipment ("FF&E") Reserve to a maximum of 5% of
                              gross revenues, and Management Fees and all other
                              amounts payable under the Management Contract
                              and/or Lease Agreement (to affiliates and other
                              related companies), all calculated on an annual
                              basis. Permission from the Bank to increase the
                              maximum allowable FF&E reserve will not be
                              unreasonably withheld.

Prepayment:                   Prepayment is permitted in multiples of $100,000
                              on interest funding rollover dates. Any charges
                              normally applied by the Bank to cover losses
                              incurred when prepayments are made on other than
                              rollover dates are for the account of the
                              Borrower.

Credit #2 Amount:             USD 1,296,250 non-revolving loan.

Purpose:                      Assist in funding expansion of the hotel.

Interest Rates:               30, 60, or 90 day (Borrower's option) London
                              Inter-Bank Offer Rate (LIBOR) plus 2.25% per
                              annum. Interest is payable on funding rollover
                              dates, net of any withholding tax.

Availment:                    The credit/facility has been fully drawn.

Repayment:                    Repayable in quarterly installments with a balloon
                              payment as follows:

                                                                             121
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<Table>
<Caption>
                              Date                               Amount
                              ----                               -------
                              <S>                                <C>
                              Sept. 01, 2001                     $  38,125
                              Dec. 01, 2001                      $  38,125
</Table>

                              On Dec. 31, 2001 this loan will be consolidated
                              with credit #1 and will require quarterly
                              principal repayments of US$ 68,000 until Dec. 31,
                              2003 when a balloon repayment of US$ 3,808,000
                              will be due or the loan subject to re-negotiation
                              at the Bank's option.

Security:      1.   Registered First Demand Mortgage Debenture stamped to
                    $6,390,000 providing the Bank with a first legal mortgage
                    over a total of approximately 39 acres of leasehold land at
                    Merrywing, Anguilla and the construction thereon, presently
                    substantially represented by the hotel known as Sonesta
                    Beach Resort of Anguilla, and a floating charge over all of
                    the other assets of the company. This includes the 2.0 acres
                    of land leased from Jeremiah Gumbs, known as West Central
                    Block 28009B Parcel 3 (Lot 1).

               2.   A registered caution over 12 acres of land adjacent to that
                    on which the hotel is constructed along with a letter from
                    the company not to encumber this asset.

               3.   All perils insurance, except windstorm coverage, for the
                    full amount of the hotel as well as FF&E and inventory, with
                    an insurer acceptable to the Bank.

                    Windstorm insurance coverage is replaced by self insurance,
                    supported by US$ 2,000,000 to be placed on deposit at this
                    Bank or with The Bank of Nova Scotia Trust Company (Bahamas)
                    Limited at a mutually suitable interest rate for a 6 month
                    period, commencing 15th June, 2001.

               4.   The guarantee of Sonesta International Hotels Corporation
                    (SIHC) for US $1,900,000 supported by all necessary
                    resolutions. The guarantee will reduce to US $1,000,000 upon
                    the Borrower achieving an operating cash flow to provide a
                    debt service ratio of not less than 1.25 to 1 in a year in
                    which payments of principal are made as scheduled.

                    The guarantee will further reduce to US $500,000 in the next
                    year in which the same ratio is maintained and principal
                    payments are made as scheduled.

General
Conditions:    1.   No advances, bonuses, loans or dividends to officers,
                    affiliates or parent without the prior written consent of
                    the Bank.

                                                                             122
<Page>

               2.   25% of cash flow after debt servicing and annual maintenance
                    expenditures (5% of gross revenues to be set aside for
                    annual maintenance) to be applied to N/R loans commencing
                    fiscal year 2000, as detailed under "Repayment" above.

               3.   No change in ownership without the prior written consent of
                    the Bank.

               4.   No lease agreements, development orders, condominium
                    developments, timeshare schemes or other forms of room
                    pre-selling are permitted without the prior written consent
                    of the Bank.

               5.   All accounts of the hotel including Visa/MasterCard sales
                    drafts, or any other credit card services provided by us,
                    are to be maintained with the Bank, subject to pricing being
                    competitive.

               6.   Any contract to manage the hotel must be in form and
                    substance acceptable to the Bank, with a management entity
                    acceptable to the Bank.

               7.   The management company shall provide its written
                    acknowledgment, that its management contract may be
                    terminated by the Bank at its sole option, without penalty
                    in the event of default by the Borrower under the terms of
                    the loan documentation and the Bank having instituted
                    proceedings to realize its security. The Bank would consider
                    any default to be cured by the Borrower or Guarantor if the
                    same is remedied within 30 days of notice to the Borrower
                    and Guarantor.

               8.   The US$ 2,000,000 pledged to the Bank in lieu of windstorm
                    insurance coverage over the property held as security may be
                    applied to the loans at the sole discretion of the Bank, and
                    its existence does not diminish or alter the US$ 1,900,000
                    guarantee of Sonesta International Hotels Corporation.

Reporting:     1.   Annual audited financial statements of the Borrower  within
                    120 days of fiscal year end, duly signed.

               2.   Annual audited financial statements of the Guarantor within
                    120 days of fiscal year end, duly signed.

               3.   Quarterly in-house financial statements of the Borrower
                    within 45 days of period end.

               4.   Profit and loss projections for the next fiscal year within
                    45 days of the Borrower's fiscal year end.

                                                                             123
<Page>

               5.   Copy of the annual Government health certificate to be
                    provided to the Bank on receipt of the same.

               6.   Evidence satisfactory to the Bank is to be provided
                    annually, concurrently with the Borrower's financial
                    statements or at such other time as may be agreed by the
                    Bank, that all property taxes and other taxes, including
                    gross receipts taxed due and payable have been paid or
                    arrangements satisfactory to the Bank have been made for
                    their payment, and that all employee deductions have been
                    remitted to the government as required.

               7.   Where the prior written consent of the Bank is required,
                    such will not be unreasonably withheld or delayed.

Applicable Law:     All agreements and documentation shall be governed by and
                    construed in accordance with the laws of Anguilla.

If the terms and conditions set out above and in Schedule 'A' attached hereto
are acceptable to you, please sign the enclosed copy of this letter in the
spaces indicated on the following page and return the letter to the undersigned.
Thank you.

Yours very truly,
SCOTIABANK ANGUILLA LIMITED

/s/ A.W. MacCallman,
   ------------------------
A.W. MacCallman,
Managing Director

                                                                             124
<Page>

The terms and conditions set out above and in Schedule A attached herto are
herby acknowledged and accepted by:

                       Sonesta Hotels of Anguilla Limited

6/26/01                             /s/ Peter Sonnabend
-------                                ---------------------------
Date                                Mr. Peter Sonnabend
                                    Director

                                    Sonesta International Hotels Corporation
                                    (as Guarantor)

6/26/01                             /s/ Peter J. Sonnabend
-------                                ---------------------------
Date                                Name and Title
                                    Peter J. Sonnabend - Vice President

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Exhibit 10.26    
  

 
 

AMENDMENT NO. 2    
  

        AMENDMENT NO. 2 ("Amendment No. 2"), dated as of February 22, 1999, to
that certain Credit Agreement, dated as of January 8, 1998 (as amended, supplemented or otherwise modified to date, the "Credit Agreement"; capitalized terms used
herein without definition shall have the meanings ascribed to such terms in the Credit Agreement), by and among OUTSOURCING SERVICES GROUP, INC.,
a Delaware corporation, as a guarantor, its wholly-owned Subsidiaries AEROSOL SERVICES COMPANY, INC., a California corporation, and  PIEDMONT LABORATORIES,
 INC., a Georgia corporation, as the initial Borrowers and, following consummation of the Kolmar Acquisition,  KOLMAR LABORATORIES, INC., a Delaware corporation
("Kolmar"), as an additional Borrower, each financial institution
from time to time party to the Credit Agreement (each a "Lender" and, collectively, "Lenders"), BT COMMERCIAL
CORPORATION, a Delaware corporation, as agent for Lenders and the Issuing Bank (as defined in the Credit Agreement) (in such capacity, "Agent"),
and HELLER FINANCIAL, INC., acting as co-agent (in such capacity, "Co-Agent"). 

RECITALS  

        WHEREAS, the Borrowers have requested that the Lenders agree to certain amendments to the financial covenants
contained in the Credit Agreement and Lenders are willing to amend the Credit Agreement on the terms and conditions set forth herein; 

        NOW THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, and upon execution and delivery hereof by Borrowers and the Majority Lenders, the parties hereto hereby agree as follows: 

AGREEMENT  

SECTION 1. AMENDMENT  

        1.1.
Section 1.1 of the Credit Agreement is amended by adding the following as clause (vi) in the definition of "EBITDA": 

        "and
(vi) plus, for purposes of calculating compliance with the Minimum EBITDA covenant contained in
Section 8.1, the Fixed Charge Coverage covenant contained in Section 8.2 and the Funded Debt Coverage covenant contained in Section 8.3 only, during any four quarter period, up to
$400,000 of expenses incurred and paid during such period in connection with any proposed Acquisition (excluding those expenses which have been capitalized)." 

        1.1.
Section 8.1 of the Credit Agreement is amended by replacing the quarterly tests for each quarter in 1999 with the following: 

	 	March 31, 1999	 	20,000
	 	June 30, 1999	 	20,000
	 	September 30, 1999	 	20,200
	 	December 31, 1999	 	20,900

        1.2.
Section 8.3 of the Credit Agreement is amended by replacing the quarterly tests for each quarter in 1999 with the following: 

	 	March 31, 1999	 	5.50:1.00
	 	June 30, 1999	 	5.30:1.00
	 	September 30, 1999	 	5.10:1.00
	 	December 31, 1999	 	4.90:1.00

 

SECTION 2. CONDITIONS TO EFFECTIVENESS  

        This Amendment No. 2 shall be effective upon the execution and delivery to Agent of the following (the date of satisfaction of such conditions being the
"Amendment Effective Date"): 

        2.1.  a
counterpart hereof by Borrowers and the Majority Lenders; provided, however, that any Borrower and/or any Lender may deliver its counterpart signature page hereto by
telecopy to Agent or Agent's counsel, which delivery shall be binding on such Borrower and such Lender; and provided further that any such Borrower and Lender shall
promptly provide Agent or Agent's counsel with [six] originally executed signature pages hereto; 

        2.2.  a
counterpart of the Consent of Guarantors and Grantors in the form attached hereto as Exhibit A (the "Consent") by each Guarantor
and Credit Party party to a Security Agreement; provided, however, that any such Guarantor and/or Credit Party may deliver its counterpart of
the Consent by telecopy to Agent or Agent's counsel, which delivery shall be binding on such Guarantor and Credit Party; and provided further that any such Guarantor and
Credit Party shall promptly provide Agent or Agent's counsel with [six] originally executed counterparts of the Consent; and 

        2.2.1.a
certificate of the Secretary of each Borrower, each Guarantor and each Credit Party party to a Security Agreement certifying (i) that there exists no Default
or Event of Default, after giving effect to this Amendment No. 2 and that the execution, delivery and performance of this Amendment No. 2 will not cause a Default or Event of Default,
and (ii) as to the incumbency of the officer executing this
Amendment No. 2 and the Consent and the resolutions of its Board of Directors approving this Amendment No. 2 and the Consent. 

SECTION 3. MISCELLANEOUS PROVISIONS  

        3.1.    Effect on and Ratification of the Credit Agreement.    

        Except
as specifically modified hereby, the Credit Agreement remains in full force and effect and is hereby ratified and confirmed. 

        3.2.    Fees and Expenses.    

        Borrowers
acknowledge that all costs, fees and expenses incurred by Agent and its counsel with respect to this Amendment No. 2 shall be for the account of Borrowers. 

        3.3.    Headings.    

        Section
headings in this Amendment No. 2 are included herein for convenience of reference only and shall not constitute a part of this Amendment No. 2 for any other purpose
or be given any substantive effect. 

        3.4.    Counterparts.    

        This
Amendment No. 2 may be executed in any number of counterparts, and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be
deemed an original, but all such counterparts together shall constitute but one and the same instrument. 

        3.5.    Applicable Law.    

        THE VALIDITY, INTERPRETATION AND ENFORCEMENT OF THIS AMENDMENT NO. 2 AND ANY DISPUTE ARISING OUT OF OR IN CONNECTION WITH THIS AMENDMENT NO. 2, WHETHER SOUNDING
IN CONTRACT, TORT, EQUITY OR OTHERWISE, SHALL BE GOVERNED BY THE INTERNAL LAWS (AS OPPOSED TO THE CONFLICTS OF LAW PROVISIONS OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS
LAW) AND DECISIONS OF THE STATE OF NEW YORK.

2

 

        IN WITNESS WHEREOF, this Amendment No. 2 has been duly executed on behalf of each of the undersigned as of the date first written
above. 

	 	 	AEROSOL SERVICES COMPANY, INC., as Borrower
	

 	
 	

By:	

/s/  JOSEPH SORTAIS      
 Name: Joseph Sortais

Title: Chief Financial Officer
	

 	
 	
PIEDMONT LABORATORIES, INC., as Borrower
	

 	
 	

By:	

/s/  JOSEPH SORTAIS      
 Name: Joseph Sortais

Title: Chief Financial Officer
	

 	
 	
KOLMAR LABORATORIES, INC., as Borrower
	

 	
 	

By:	

/s/  JOSEPH SORTAIS      
 Name: Joseph Sortais

Title: Chief Financial Officer
	

 	
 	
BT COMMERCIAL CORPORATION,
 as Agent and as a Lender
	

 	
 	

By:	

 Name:

Title:
	

 	
 	
HELLER FINANCIAL, INC.,

as Co-Agent and as a Lender
	

 	
 	

By:	

 Name:

Title:
	

 	
 	
NATIONAL BANK OF CANADA,
 as a Lender
	

 	
 	

By:	

 Name:

Title:
	

 	
 	

By:	

 Name:

Title:

3

 

	

 	
 	
SUMITOMO BANK OF CALIFORNIA,

as a Lender
	

 	
 	

By:	

 Name:

Title:
	

 	
 	
FLEET CAPITAL CORPORATION,

as a Lender
	

 	
 	

By:	

 Name:

Title:

4

 
 
 

EXHIBIT A    
  

 
 

CONSENT OF GUARANTORS AND GRANTORS    
  

        This undersigned as "Guarantors" under their respective Guarantees and "Grantors" under their respective Security Agreements hereby acknowledge the foregoing
Amendment No. 2, confirm their respective Guarantees and Security Agreements and agree that their respective obligations under such Guarantees and Security Agreements are not impaired or
adversely affected by such Amendment No. 2 and that such Guarantees and Security Agreements remain in full force and effect. 

	

 	
 	
OUTSOURCING SERVICES GROUP, INC.
	

 	
 	
By:	

 Name:

Title:
	

 	
 	
AEROSOL SERVICES COMPANY, INC.
	

 	
 	
By:	

 Name:

Title:
	

 	
 	
PIEDMONT LABORATORIES, INC.
	

 	
 	
By:	

 Name:

Title:
	

 	
 	
KOLMAR LABORATORIES, INC.
	

 	
 	
By:	

 Name:

Title:

5

QuickLinks

Exhibit 10.26

AMENDMENT NO. 2

EXHIBIT A

CONSENT OF GUARANTORS AND GRANTORS

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