Document:

Amendment No. 1 to Second Amended and Restated Revolving Credit Agreement

 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: 

 (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. 

[Remainder of this page intentionally left blank] 
  

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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) 

			
	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) 

			
	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) 

			
	KEYBANK NATIONAL ASSOCIATION, individually and as Syndication Agent
		
	By:	 	 /S/ Suzannah Harris

	Name:	 	Suzannah Harris
	Title:	 	Vice President

  

 S-4 (Amendment No. 1) 

			
	MELLON BANK, N.A.
		
	By:	 	 /S/ William M. Feathers

	Name:	 	William M. Feathers
	Title:	 	Vice President

  

 S-5 (Amendment No. 1) 

			
	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) 

			
	THE BANK OF NEW YORK
		
	By:	 	 /S/ Kenneth P. Sneider, Jr.

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

  

 S-7 (Amendment No. 1) 

			
	COMERICA BANK
		
	By:	 	 /S/ Stacey V. Judd

	Name:	 	Stacey V. Judd
	Title:	 	Vice President

  

 S-8 (Amendment No. 1) 

			
	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) 

			
	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) 

			
	BRANCH BANKING AND TRUST COMPANY
		
	By:	 	 /S/ Troy R. Weaver

	Name:	 	Troy R. Weaver
	Title:	 	Senior Vice President

  

 S-11 (Amendment No. 1) 

			
	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)Amendment No. 4 to Note Agreement, dated February 23, 2006

 Exhibit 10.3 
 BARNES GROUP INC. 
 AMENDMENT NO. 4 TO NOTE AGREEMENT 
 As of February 23, 2006 
 To each of the Current
Noteholders 
 Named in Annex 1 hereto 
 Ladies and Gentlemen: 
 Barnes Group Inc., a Delaware corporation (hereinafter, the
“Company”), together with its successors and assigns, agrees with you as follows: 
 1. PRELIMINARY STATEMENTS. 
 1.1 Note Issuance, etc. 
 The
Company issued and sold $60,000,000 aggregate principal amount of its 8.59% Senior Notes due November 21, 2008 (as may be amended, restated or otherwise modified from time to time, the “Notes”) pursuant to separate Note
Agreements, each dated as of November 21, 2000, entered into by and among the Company and each of the Purchasers listed on Exhibit A attached thereto, as amended by Amendment No. 1 to Note Agreement dated as of February 21, 2002,
between the Company and each of the Persons identified on Annex 1 attached thereto, Amendment No. 2 dated as of February 5, 2003, between the Company and each of the Persons identified on Annex 1 attached thereto and Amendment No. 3
dated as of January 11, 2006, between the Company and each of the Persons identified on Annex 1 attached thereto (the “Existing Note Agreement” and, as amended by this Amendment No. 4 to Note Agreement (this
“Amendment Agreement”), the “Note Agreement”). The register for the registration and transfer of the Notes indicates that the Persons named in Annex 1 hereto (collectively, the “Current
Noteholders”) are currently the holders of the outstanding principal amount of the Notes as set forth next to such holder’s name on Annex 1. 
 2. DEFINED TERMS. 
 Capitalized terms used herein and not otherwise defined herein have the meanings ascribed to them in the
Note Agreement. 

 3. AMENDMENT. 
 Subject to Section 5, the Existing Note Agreement is hereby amended by this Amendment Agreement in the manner specified below in this Section 3 (the foregoing referred to herein as the “Amendment”). 
 3.1 Amendment to Section 7.16 of the Existing Note Agreement. 
 Section 7.16 of the Existing Note Agreement is hereby amended, by deleting “and” from the end of subsection “(g)”, relettering
subsection “(h)” as a new subsection “(i)” and adding a new subsection “(h)” to read as follows: 
 “(h) Investments by the Company in capital stock of any Person whose business is similar to the businesses conducted by the Company and its Subsidiaries or businesses reasonably related or incidental thereto, in an aggregate amount not
to exceed $30,000,000 outstanding at any time; and” 
 4. REPRESENTATIONS AND WARRANTIES OF THE COMPANY. 
 To induce you to enter into this Amendment Agreement and to consent to the Amendment, the Company represents and warrants as follows: 
 4.1. Organization, Power and Authority, etc. 
 The Company is a corporation, duly incorporated and validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to enter into and perform its
obligations under this Amendment Agreement. 
 4.2. Legal Validity. 
 The execution and delivery of this Amendment Agreement by the Company and compliance by the Company with its obligations hereunder: (a) are within
the corporate powers of the Company; and (b) are legal and do not conflict with, result in any breach of, constitute a default under, or result in the creation of any Lien upon any Property of the Company under the provisions of: (i) any
charter instrument or bylaw to which the Company is a party or by which the Company or any of its Properties may be bound, (ii) any order, judgment, decree or ruling of any court, arbitrator or governmental authority applicable to either the
Company or any of its Properties or (iii) any agreement or instrument to which the Company is a party or by which the Company or any of its Properties may be bound or any statute or other rule or regulation of any governmental authority
applicable to the Company or any of its Properties. 
 This Amendment Agreement has been duly authorized by all necessary action on the part
of the Company, has been executed and delivered by a duly authorized officer of the Company, and constitutes a legal, valid and binding obligation of the Company, enforceable in accordance with its terms, except that enforceability may be limited by
applicable bankruptcy, 

  

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reorganization, arrangement, insolvency, moratorium, or other similar laws affecting the enforceability of creditors’ rights generally and subject to
the availability of equitable remedies. 
 4.3. No Defaults. 
 No event has occurred and no condition exists that, upon the execution and delivery of this Amendment Agreement, would constitute a Default or an Event of
Default. 
 5. EFFECTIVENESS OF THE AMENDMENT. 
 The Amendment shall become effective as of the first date written above (the “Effective Date”) upon: 
 (a)
execution and delivery of a counterpart of this Amendment Agreement by the Company and by holders of 66 2/3% of
aggregate outstanding principal amount of Notes; 
 (b) delivery by the Company to the Current Noteholders’ counsel of a fully
executed copy of Amendment No. 1 to Second Amended and Restated Revolving Credit Agreement dated as of February 8, 2006, by and among Bank of America, N.A., as administrative agent, the lenders party thereto, the Company and Barnes Group
Switzerland GmbH, Nevis Branch, in form and substance satisfactory to the Current Noteholders; 
 (c) delivery by the Company to the Current
Noteholders’ counsel of a fully executed copy of Amendment No. 4 to Note Agreement dated the date hereof to those separate Note Agreements, each dated as of November 12, 1999, (as amended by Amendment No. 1 to Note Agreement
dated as of February 5, 2003, entered into by and among 3031786 Nova Scotia Company (“3031786”) and each of the Purchasers listed on Schedule A attached thereto and by the Assumption and Amendment Agreement dated as of
August 26, 2005, by and among 3031786, the Company and each the Persons identified on Schedule A and Schedule B attached thereto, whereby the Company assumed the obligations of 3031786 under the said 1999 Note Agreement and the Nova Scotia
Notes) and by Amendment No. 3 to Note Agreement dated as of January 11, 2006, entered into by and among the Company and each of the Persons identified on Annex 1 attached thereto (the “1999 Note Agreement”); and

 (d) the Company shall have paid the fees and expenses of the Current Noteholders’ special counsel as provided in Section 6.

 6. EXPENSES. 
 Whether or not the
Amendment becomes effective, the Company will promptly (and in any event within thirty days of receiving any statement or invoice therefor) pay all fees, expenses and costs relating to this Amendment Agreement, including, but not limited to, the
reasonable fees of the Current Noteholders’ special counsel, Bingham McCutchen LLP, incurred in connection with the preparation, negotiation and delivery of this Amendment Agreement and any other documents related thereto. Notwithstanding the
foregoing, the Company will on the Effective Date, pay the fees and expense of Bingham McCutchen LLP incurred through the 

  

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Effective Date. Nothing in this Section shall limit the Company’s obligations pursuant to Section 1.5 of the Existing Note Agreement. 

7. MISCELLANEOUS. 
 7.1. Part of Existing
Note Agreement; Future References, etc. 
 This Amendment Agreement shall be construed in connection with and as a part of the
Existing Note Agreement and, except as expressly amended by this Amendment Agreement, all terms, conditions and covenants contained in the Existing Note Agreement are hereby ratified and shall be and remain in full force and effect. Any and all
notices, requests, certificates and other instruments executed and delivered after the execution and delivery of this Amendment Agreement may refer to the Existing Note Agreement without making specific reference to this Amendment Agreement, but
nevertheless all such references shall include this Amendment Agreement unless the context otherwise requires. 
 7.2. Counterparts;
Effectiveness. 
 This Amendment Agreement may be executed in any number of counterparts, each of which shall be an original but all
of which together shall constitute one instrument. Each counterpart may consist of a number of copies hereof, each signed by less than all, but together signed by all, of the parties hereto. Delivery of an executed signature page by facsimile
transmission or e-mail transmission of an adobe file format document (also known as a PDF file) shall be effective as delivery of a manually signed counterpart of this Amendment Agreement. 
 7.3. Governing Law. 
 THIS AMENDMENT AGREEMENT SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, AND THE RIGHTS OF THE PARTIES SHALL BE GOVERNED BY, THE LAW OF THE STATE OF CONNECTICUT EXCLUDING CHOICE-OF-LAW PRINCIPLES OF THE LAW OF SUCH
STATE THAT WOULD REQUIRE THE APPLICATION OF THE LAWS OF A JURISDICTION OTHER THAN CONNECTICUT.  
 [Remainder of page
intentionally left blank; next page is signature page.] 
  

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 If you are in agreement with the foregoing, please so indicate by signing the acceptance below on the
accompanying counterpart of this Amendment Agreement and returning it to the Company, whereupon it will become a binding agreement among each of you and the Company. 
  

			
	 BARNES GROUP INC.

		
	By	 	 /S/ Lawrence W. O’Brien

	Name:	 	Lawrence W. O’Brien
	Title:	 	Vice President and Treasurer
		
	By:	 	 /S/ William C. Denninger

	Name:	 	William C. Denninger
	Title:	 	 Senior Vice President, Finance and
 Chief Financial
Officer

  

 [Signature page to Barnes Group Inc. Amendment No. 4 to 2000 Note Agreement] 

 The foregoing Amendment Agreement is hereby accepted as of the date first above written. 
  

			
	 THE PRUDENTIAL INSURANCE

	 COMPANY OF AMERICA

		
	By:	 	 /S/ Paul Meiring

	Name:	 	Paul Meiring
	Title:	 	Vice President

  

 [Signature page to Barnes Group Inc. Amendment No. 4 to 2000 Note Agreement] 

			
	ALLSTATE LIFE INSURANCE COMPANY
		
	By:	 	 /S/ Robert B. Bodett

	Name:	 	Robert B. Bodett
		
	By:	 	 /S/ Jerry D. Zinkula

	Name:	 	Jerry D. Zinkula
		
		 	Authorized Signatories

  

 [Signature page to Barnes Group Inc. Amendment No. 4 to 2000 Note Agreement] 

			
	NATIONWIDE LIFE INSURANCE COMPANY
		
	By:	 	 /S/ Joseph P. Young

	Name:	 	Joseph P. Young
	Title:	 	Authorized Signatory
	
	NATIONWIDE LIFE AND ANNUITY INSURANCE COMPANY
		
	By:	 	 /S/ Joseph P. Young

	Name:	 	Joseph P. Young
	Title:	 	Authorized Signatory
	
	NATIONWIDE INDEMNITY COMPANY
		
	By:	 	 /S/ Joseph P. Young

	Name:	 	Joseph P. Young
	Title:	 	Authorized Signatory

  

 [Signature page to Barnes Group Inc. Amendment No. 4 to 2000 Note Agreement] 

 Annex 1 
 CURRENT NOTEHOLDERS AND 
 CURRENT OUTSTANDING PRINCIPAL AMOUNT 
  

				
	 Current Noteholders
	  	Outstanding Principal
Amount of Notes
	 The Prudential Insurance Company of America
	  	$	35,000,000
	 Allstate Life Insurance Company
	  	$	15,000,000
	 Nationwide Life Insurance Company
	  	$	4,000,000
	 Nationwide Life and Annuity Insurance Company
	  	$	2,000,000
	 Nationwide Indemnity Company
	  	$	4,000,000
	 TOTAL
	  	$	60,000,000

  

 Annex 1

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