Document:

<PAGE>

EXHIBIT 10.22  FORM OF AMENDED MANAGEMENT SEVERANCE AGREEMENT DATED JUNE 1, 2003
               BY AND BETWEEN SECOND BANCORP INCORPORATED AND THE FOLLOWING
               EXECUTIVE OFFICERS:  THOMAS W.  ALLEN,  DIANE C. BASTIC, JOHN L.
               FALATOK, MYRON FILARSKI AND DARRYL MAST.

                         MANAGEMENT SEVERANCE AGREEMENT

         THIS AGREEMENT is made and entered into as of the 1st day of June, 2003
by and between SECOND BANCORP INCORPORATED, an Ohio corporation (hereinafter
referred to, along with its wholly owned subsidiary The Second National Bank of
Warren, as the "Corporation"), and _____________________________ ("Executive").

                                   WITNESSETH:

         WHEREAS, the Executive is a valued employee of the Corporation with
significant policy-making and operational responsibilities in the conduct of its
business; and

         WHEREAS, the Corporation does not anticipate a sale, merger or takeover
but deems it to be in its best interest to protect the Executive against
dismissal or loss of status and secure the Executive's continued service both in
its normal course, day-to-day operations and upon the occurrence of
extraordinary corporate events such as, without limitation, a Change in Control
of the Corporation;

         WHEREAS, the Board has authorized the Corporation to enter into this
Management Severance Agreement (the "Agreement");

         NOW, THEREFORE, to better assure the foregoing and in consideration of
the mutual covenants contained herein, the parties to this Agreement do hereby
agree as follows:

1.   DEFINITIONS. For the purposes of this Agreement, the following terms shall
     be defined as follows.

     1.1          "Board" means the Board of Directors of Second Bancorp
                  Incorporated and any successor thereto or its appointed
                  representative party.

     1.2          "Change in Control" means, and shall have been deemed to have
                  occurred if and when:

         (a)      any person, entity or group (within the meaning of Section
                  13(d)(3) OR 14(d)(2) of the Securities Exchange Act of 1934,
                  as amended) other than the Corporation or any number or
                  combination thereof acting in concert shall have acquired
                  ownership of or the right to vote or direct the voting of 30%
                  or more of either the then outstanding Stock or the combined
                  voting power of the then outstanding voting securities of the
                  Corporation entitled to vote in the election of the directors;
                  or

         (b)      the Corporation shall have been merged into another company or
                  shall have otherwise consolidated with another company in such
                  a way that the individuals and entities who were the
                  respective beneficial owners of the Stock and voting
                  securities of the Corporation immediately before such merger
                  or consolidation do not, after such merger or consolidation,
                  beneficially own, directly or indirectly, more than 60% of the
                  then outstanding common shares and the combined voting power
                  of the then outstanding voting securities entitled to vote in
                  the election of directors of the corporation resulting from
                  such merger or consolidation; or

         (c)      individuals who, as of the Effective Date, constitute the
                  Board ("Incumbent Directors") cease for any reason to
                  constitute at least a majority of the Board; provided that any
                  individual who becomes director after the Effective Date whose
                  election, or nomination

                                      107

<PAGE>

                  for election, by the Corporation's shareholders, was approved
                  by a vote or written consent of at least two-thirds of the
                  directors then comprising the Incumbent Directors, shall be
                  considered as though such individuals were an Incumbent
                  Director, but excluding, for this purpose, any such individual
                  whose initial assumption of office is in connection with an
                  actual or threatened election contest relating to the election
                  of the directors of the Corporation; or

         (d)      the Corporation shall have sold or disposed of all or
                  substantially all of its assets to another company or other
                  entity or person; or

         (e)      the shareholders of the Corporation shall have approved the
                  liquidation or dissolution of the Corporation; or

         (f)      such other event(s) or circumstance(s) as are determined by
                  the Board to constitute a Change in Control shall have
                  occurred.

         Notwithstanding the foregoing provisions of this definition, a Change
         in Control shall be deemed not to have occurred if:

                  (a)      with respect to any Executive, the Executive is a
                           participant on such Executive's own behalf in a
                           transaction in which the persons with whom such
                           Executive has the written agreement to Acquire the
                           Corporation and, pursuant to the written agreement,
                           the Executive has an equity interest in the resulting
                           entity or a right to acquire such an equity interest,
                           or

                  (b)      any person acquires beneficial ownership of more than
                           30% of the then outstanding Stock solely as a result
                           of the acquisition of the Stock by the Corporation
                           which reduces the number of shares of Stock
                           outstanding.

          For the purposes of this definition, "Acquire the Corporation" means
          the acquisition of beneficial ownership by purchase, merger, or
          otherwise, of either more than 50% of the Stock (such percentage to be
          computed in accordance with Rule 13d-3(d)(1)(i) of the SEC under the
          Exchange Act) or substantially all of the assets of the Corporation or
          its successors; "person" means such term as used in Rule 13d-5 of the
          SEC under the Exchange Act; "beneficial owner" means such term as
          defined in Rule 13d-3 of the SEC under the Exchange Act.

          The date of any Change of Control shall be the same as the official
          date of the merger, consolidation or sale or, with respect to subpart
          1.2(a), the date on which an acquiror shall have first exercised
          control or influence over the Corporation.

         1.3      Date of Termination" means the effective date on which
                  Executive's employment by the Corporation terminates as
                  specified in a prior written notice by the Corporation or
                  Executive, as the case may be, to the other

         1.4      "Disability" means termination of Executive's employment by
                  the Corporation due to Executive's absence from Executive's
                  duties with the Corporation on a full-time basis for at least
                  one hundred eighty (180) consecutive days as a result of
                  Executive's incapacity due to physical or mental illness.

         1.5      "Discharge for Cause" means action by the Board to terminate
                  the Executive's employment with the Corporation as a result of

         (a)      Executive's incompetence or substantial dereliction of duty
                  (other than any such failure resulting from the Executive's
                  incapacity due to physical or mental illness); or

         (b)      Executive's conviction of a felony or willful engagement by
                  the Executive in illegal conduct or gross misconduct; or

                                      108

<PAGE>

         (c)      Action or inaction by the Executive as an executive officer of
                  the Corporation which, in the Board's good faith
                  determination, was

                  (i)      reckless or intentional and

                  (ii)     significantly detrimental to the best interest of the
                           Corporation; or

         (d)      Executive's habitual drunkenness, addiction to narcotics or
                  any intentionally self-inflicted injury.

     1.6          "Gross Compensation" means the 5-year average annual base
                  salary plus annual bonus earned by the Executive from the
                  Corporation during the last five (5) completed fiscal years of
                  the Corporation immediately preceding the Executive's Date of
                  Termination (annualized in the event Executive was not
                  employed by the Corporation for the whole of any such fiscal
                  year) as reported in the Executive's W-2 earnings.

     1.7          "Retirement" means Executive's retirement (not including any
                  mandatory early retirement) in accordance with the
                  Corporation's retirement policy generally applicable to its
                  salaried employees, as in effect immediately prior to the
                  Change in Control, or in accordance with any retirement
                  arrangement established with respect to Executive with
                  Executive's written consent.

     1.8          "Severance Period" means the period of time beginning with an
                  Executive's severance from the Corporation and ending three
                  (3) years following such Change in Control.

     1.9          "Stock" means the Common Stock of the Corporation, par value
                  $0 per share.

     1.10         Use herein of the terms "he", "him", "his", "himself" and the
                  like shall be deemed to mean "she", "her", "herself" and the
                  like if and where appropriate.

2    OBLIGATION OF THE EXECUTIVE. In the event of a tender or exchange offer,
     proxy contest, or the execution of any agreement which, if consummated,
     would constitute a Change in Control, Executive agrees not to voluntarily
     leave the employ of the Corporation, other than as a result of Disability,
     Retirement or an event which would constitute Good Reason if a Change in
     Control had occurred, until the Change in Control occurs or, if earlier,
     such tender or exchange offer, proxy contest, or agreement is terminated or
     abandoned.

3    TERMINATION IN CONJUNCTION WITH A CHANGE IN CONTROL. If, in conjunction
     with a Change in Control, the Executive is terminated from his employment
     with the Corporation under circumstances which do not constitute a
     Discharge for Cause, then the Executive shall be entitled to compensation
     and other benefits from the Corporation of the type and in the amounts
     described in Sections 5 and 6 of this Agreement.

4    RESIGNATION WITHIN THREE YEARS AFTER A CHANGE IN CONTROL. If, within three
     years after a Change in Control, the Executive resigns his position with
     the Corporation because (a) there is a substantial reduction by the
     Corporation in Executive's rate of annual base salary or annual target
     bonus opportunity or any employee benefit plan, compensation plan, welfare
     benefit plan or material fringe benefit plan as was in effect immediately
     prior to such Change in Control, or (b) his job duties, including reporting
     responsibilities, are inconsistent in any material and adverse respect with
     Executive's position(s), duties, responsibilities or status with the
     Corporation immediately prior to such Change in Control (including any
     material and adverse diminution of such duties or responsibilities), or (c)
     his work place has been moved to a location more than 40 miles distant from
     his work place at the time of the Change in Control, then the Executive
     shall be entitled to compensation and other benefits from the Corporation
     of the type and in the amounts described in Sections 6 and 7 of this
     Agreement.

                                      109

<PAGE>

5    RESIGNATION, DISCHARGE FOR CAUSE OR TERMINATION AS A RESULT OF DEATH OR
     DISABILITY. In the event that, during the term of this Agreement, the
     Executive (i) voluntarily resigns his position with the Corporation for
     reasons and under circumstances other than those described in Section 4
     hereof, or (ii) is Discharged for Cause, or (iii) shall, during the course
     of his employment with the Corporation, become deceased or experience
     Disability and substantially unable to perform the duties of his
     employment, then the Executive shall have no right or entitlement to
     compensation or benefits under this Agreement. Except as may be affected by
     the provisions of Section 9 hereof, nothing herein contained shall be
     construed to exclude or disqualify the Executive from participation in, or
     entitlements under, any other program or benefit otherwise provided to the
     Executive by the Corporation.

6    COMPENSATION. Upon the occurrence of an event described in Sections 3 or 4
     of this Agreement (a "Covered Termination"), the Executive shall be
     entitled to receive from the Corporation, and the Corporation shall be
     obligated to pay/provide to the Executive, in consideration of past
     services performed, an amount equal to 2 times the annual Gross
     Compensation paid to the Executive (the "Severance Compensation").
     Severance Compensation shall be paid to the Executive in a lump-sum payment
     as soon as practically possible following a Covered Termination.

7    BENEFITS. Until the end of the "Benefits Period" (as hereinafter defined),
     (a) the Executive and his family shall continue to be covered by such of
     the Corporation's insurance plans (including, without limitation,
     hospitalization, medical, accident, disability and life insurance plans) as
     covered them on the last day of his employment, and (b) the Executive shall
     retain all pension and retirement benefits as had been earned or vested
     immediately prior to the Change in Control. For the purposes of this
     Section 7, "Benefits Period" means that period of time beginning on the day
     after the Executive's last day of employment with the Corporation and
     ending on the earlier of (a) the end of his Severance Period or (b) the
     date on which the Executive becomes eligible for benefits in connection
     with his acceptance of a position with another company. Nothing contained
     in this section shall be deemed to affect the Executive's right to purchase
     extended medical or other coverages under the Consolidated Omnibus Budget
     Reconciliation Act ("COBRA") or any other similar rule, regulation or
     statute binding upon the Corporation. The Corporation and Executive agree
     that the commencement date of any period during which the Executive is
     entitled to purchase extended medical or other coverage under COBRA shall
     be the date immediately following the end of his Severance Period.

8    CONSULTATION. During the Severance Period the Executive shall endeavor, but
     only to the extent legally permissible and practically possible, to make
     himself available to the Corporation to render such advice and assistance
     regarding the transition of matters under his control prior to his
     departure as may reasonably be requested of him.

9    LIMITATION ON PAYMENTS AND BENEFITS. Notwithstanding anything to the
     contrary contained in this Agreement, if any payment made or to be made or
     other benefit provided or to be provided to the Executive, whether under
     this Agreement or otherwise, would constitute an Excess Parachute Payment
     (as that term is defined in Section 280G of the Internal Revenue Code of
     1986, as amended), then the aggregate amount or value of (a) the payments
     due the Executive under Section 6 hereof or, at the Executive's election,
     (b) other benefits provided to the Executive under Section 7 hereunder, the
     value of which may be included in determining the existence of an Excess
     Parachute Payment, shall be reduced to the minimum extent necessary so that
     no portion of the payment made to, or other benefits provided to, the
     Executive, as so reduced, constitutes an Excess Parachute Payment.

10   ENFORCEMENT COSTS. Reasonable costs and expenses including, without
     limitation, attorney's fees incurred by the Executive pursuant to any
     question, interpretation, dispute, litigation or negotiation relating to
     this Agreement shall be paid or reimbursed by the Corporation.

11   NO SET-OFF. The Corporation shall not be entitled to set-off against the
     amounts payable to or on behalf of the Executive under this Agreement any
     amounts earned by the Executive in other employment after his severance
     from the Corporation, or any amount which might have been earned by the
     Executive in other employment had he sought such other employment.

                                      110

<PAGE>

12   TERM OF THIS AGREEMENT. This Agreement shall be effective on the date
     hereof and shall continue in effect until the four year anniversary of this
     Agreement. Upon the expiration of this agreement, this contract shall renew
     each subsequent year until the Corporation gives at least 6 months advance
     written notice of cancellation. In the event that a Covered Termination
     occurs less than three (3) years before the termination date of this
     Agreement, this Agreement shall automatically be extended to the end of the
     Severance Period.

13   SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon and inure to
     the benefit of the Corporation and its successors and assigns, and shall be
     binding upon and inure to the benefit of the Executive and his legal
     representatives, heirs and assigns.

14   GOVERNING LAW; SEVERABILITY. This Agreement and the relationships of the
     parties in connection with the subject matter of this Agreement shall be
     governed by and interpreted in accordance with the laws of the State of
     Ohio. If any provision of this Agreement or the application thereof shall
     for any reason and to any extent be invalid or unenforceable, the remainder
     of this Agreement shall not be affected thereby, but rather shall be
     enforced to the full extent permitted by law.

         IN WITNESS WHEREOF, this Agreement has been executed at Warren, Ohio as
of the date first written above.

SECOND BANCORP INCORPORATED

By:______________________________           ________________________________
                                            Executive

                                      111<PAGE>

                                                                 EXHIBIT 10.3(d)

                       SIXTH AMENDMENT TO CREDIT AGREEMENT

                  THIS SIXTH AMENDMENT TO CREDIT AGREEMENT (the "Amendment")
dated and effective as of February 28, 2003, is made by and among FREEMARKETS,
INC., a Delaware corporation (the "Borrower"), the Banks (as hereinafter
defined), SILICON VALLEY BANK, individually and in its capacity as Syndication
Agent (the "Syndication Agent"), and PNC BANK, NATIONAL ASSOCIATION, in its
capacity as administrative agent for the Banks (hereinafter referred to in such
capacity as the "Agent").

                              W I T N E S S E T H:

                  WHEREAS, reference is made to that certain Credit Agreement,
dated as of November 3, 2000, by and among Borrower, the Banks from time to time
party thereto, the Syndication Agent, and the Agent, as amended by a First
Amendment thereto dated as of December 8, 2000, a Second Amendment thereto dated
as of February 7, 2001, a Third Amendment thereto dated as of October 31, 2001,
a Fourth Amendment thereto dated as of October 10, 2002, and a Fifth Amendment
thereto dated as of December 26, 2002 (as so amended, the "Credit Agreement");
and

                  WHEREAS, the parties hereto desire to amend certain terms of
the Credit Agreement as hereinafter provided, including, without limitation,
reducing the Revolving Credit Commitments to $15,000,000.

                  NOW, THEREFORE, the parties hereto, in consideration of their
mutual covenants and agreements hereinafter set forth and intending to be
legally bound hereby, covenant and agree as follows:

1.       Definitions.

                  Capitalized terms used herein unless otherwise defined herein
shall have the meanings ascribed to them in the Credit Agreement as amended by
this Amendment.

2.       Amendment of Credit Agreement.

                  (a)      The definition of Expiration Date as set forth in
                           Section 1.1 [Certain Definitions.] of the Credit
                           Agreement is hereby amended and restated in its
                           entirety to read as follows:

                           "Expiration Date shall mean, with respect to the
                           Revolving Credit Commitments, February 27, 2004, as
                           such date may be hereafter extended in accordance
                           with Section 2.10 hereof."

<PAGE>

                  (b)      The definition of "Permitted Liens" is hereby amended
                           to delete the dollar amount of "$20,000,000" in
                           clause (ix) thereof and to insert in lieu thereof the
                           dollar amount "$10,000,000", to delete the "." at the
                           end of clause (xiv)(3) and to insert in lieu thereof
                           "; or", to renumber clause (xiv) as clause (xv), and
                           to insert in such definition the following new clause
                           (xiv) as follows:

                           "(xiv) Liens on the property identified on Schedule
                           8.2.2 under the heading "Identified Assets to Secure
                           Commonwealth of Pennsylvania Financing", provided
                           that such Liens are the sole Liens (and no additional
                           assets become subject to such Lien) securing up to
                           $500,000 of Indebtedness of Borrower payable to the
                           Machinery and Equipment Loan Fund of the Commonwealth
                           of Pennsylvania pursuant to that certain commitment
                           letter, dated December 27, 2001, as amended on
                           December 11, 2002, and provided further that the
                           terms and provisions of the documentation with
                           respect to such $500,000 of Indebtedness of the
                           Borrower and the security therefore are all in form
                           and substance reasonably satisfactory to the Agent."

                  (c)      Section 1.1 [Certain Definitions.] of the Credit
                           Agreement is hereby amended by inserting between the
                           definitions of "Required Banks" and "Revolving Credit
                           Commitment" the following new definition of "Restated
                           Adjustment Amount"

                           "Restated Adjustment Amount shall mean for any period
                           commencing on October 1, 2002 through the date of
                           determination, the sum of (i) 75% of positive net
                           income from operations for such period, and (ii) 75%
                           of the cash proceeds of any issuance of equity
                           securities by the Borrower during such period, with
                           such proceeds net of reasonable and customary
                           expenses in connection therewith.".

                  (d)      In clause (iii) of Section 8.2.1 [Indebtedness] the
                           dollar amount "$20,000,000" is hereby deleted and the
                           dollar amount "$10,000,000" is hereby inserted in
                           lieu thereof.

                  (e)      In clause (iv) of Section 8.2.1 [Indebtedness] the
                           dollar amount "$12,000,000" is hereby deleted and the
                           dollar amount "$2,000,000" is hereby inserted in lieu
                           thereof.

                  (f)      Clause (vii) of Section 8.2.4 [Loans and Investments]
                           is hereby amended and restated in its entirety to
                           read as follows:

                           "(vii) investments set forth on Schedule 8.2.4; and".

                                        2
<PAGE>

                  (g)      Subsection (ii) of Clause (2) of Section 8.2.5
                           [Dividends and Related Distributions.] of the Credit
                           Agreement is hereby amended and restated in its
                           entirety to read as follows:

                           "(ii) repurchases of stock for an aggregate maximum
                           amount of $25,000,000 for the period from the Third
                           Amendment Effective Date through the date of the
                           proposed repurchase (after giving cumulative effect
                           to all purchases prior to and including the date of
                           such repurchase) so long as all of the conditions
                           under either the following clause (A) or clause (B)
                           are satisfied as of the date of each repurchase after
                           giving effect thereto:

                                    (A) (y) for the two fiscal quarters of the
                           Borrower immediately preceding the date of the
                           proposed repurchase EBITDA is greater than zero
                           (therefore being a positive amount), and

                                        (z) the Borrower has Unrestricted Cash
                           on hand or in bank accounts of at least $60,000,000
                           if the date of such repurchase is on or before
                           December 31, 2001 and $50,000,000 if the date of such
                           repurchase is on or after January 1, 2002;

                           or

                                    (B) the Borrower has Unrestricted Cash on
                           hand or in bank accounts of at least $75,000,000.".

                  (h)      Clause (4)(vii) of Section 8.2.6 [Liquidations,
                           Mergers, Consolidations, Acquisitions.] of the Credit
                           Agreement is hereby amended and restated in its
                           entirety to read as follows:

                           "(vii) if all or a portion of the consideration for
                           the Permitted Acquisition is cash, then the Loan
                           Parties shall have on hand or in bank accounts the
                           following minimum amount of Unrestricted Cash as of
                           the date of the Permitted Acquisition after giving
                           effect thereto: (a) for Permitted Acquisitions
                           occurring on or before December 31, 2001,
                           $60,000,000, and (b) for Permitted Acquisitions
                           occurring on or after January 1, 2002, $50,000,000,
                           and".

                  (i)      Section 8.2.17 [Minimum Tangible Net Worth.] of the
                           Credit Agreement is hereby amended and restated in
                           its entirety to read as follows:

                                       3
<PAGE>

                           "8.2.17          Minimum Tangible Net Worth.

                           The Borrower shall not at any time permit
                           Consolidated Tangible Net Worth to be less than the
                           following amounts during the following periods:

<TABLE>
<CAPTION>
                 Period                                     Amount
                 ------                                     ------
<S>                                                  <C>
Closing Date through and including 12/31/2000        $100,000,000 plus the
                                                     Adjustment Amount
                                                     calculated for the period
                                                     of Closing Date through
                                                     and including 12/31/2000

1/1/2001 through and including 3/31/2001             $90,000,000 plus the
                                                     Adjustment Amount
                                                     calculated for the period
                                                     of the Closing Date
                                                     through and including
                                                     3/31/2001

4/1/2001 through and including 6/30/2001             $80,000,000 plus the
                                                     Adjustment Amount
                                                     calculated for the period
                                                     of the Closing Date
                                                     through and including
                                                     6/30/2001

7/1/2001 through and including 9/30/2001             $70,000,000 plus the
                                                     Adjustment Amount
                                                     calculated for the period
                                                     of the Closing Date
                                                     through and including
                                                     9/30/2001

10/01/2001 through and including 9/30/2002           $90,000,000 plus the
                                                     Adjustment Amount
                                                     calculated for the period
                                                     of the Closing Date
                                                     through and including
                                                     9/30/2002
</TABLE>

                                        4
<PAGE>

<TABLE>
<CAPTION>
                 Period                                     Amount
                 ------                                     ------
<S>                                                  <C>
10/01/2002 and at all times thereafter               $115,000,000 plus the
                                                     Restated Adjustment Amount
                                                     calculated for the period
                                                     from October 1, 2002
                                                     through and including each
                                                     date of determination
                                                     thereafter"
</TABLE>

                  (j)      Section 8.2.19 [Minimum EBITDA.] of the Credit
                           Agreement is hereby amended and restated in its
                           entirety to read as follows:

                           "8.2.19  Minimum EBITDA.

                           The Borrower shall not permit EBITDA: (a) to be less
                           than the amount specified below for the specified
                           period if the specified amount is either zero or a
                           positive number (i.e., by way of example and without
                           limitation at 12/31/2003, EBITDA (being income and
                           therefore a positive number) shall not be less than
                           $2,500,000), and (b) to be greater than the amount
                           specified below for the specified period if the
                           specified amount is a negative number (i.e., by way
                           of example and without limitation at 3/31/2003,
                           EBITDA (being a loss and therefore a negative number)
                           shall not be a loss greater than ($7,500,000)):

<TABLE>
<CAPTION>
     Period                                                        Amount
     ------                                                        ------
<S>                                                            <C>
Fiscal quarter                                                  $          0
ended 9/30/2002

Fiscal quarter                                                  $  2,500,000
ended 12/31/2002

Fiscal quarter                                                 ($  7,500,000)
ended 3/31/2003

Fiscal quarter                                                 ($  5,000,000)
ended 6/30/2003

Fiscal quarter                                                  $          0
ended 9/30/2003
</TABLE>

                                        5
<PAGE>

<TABLE>
<CAPTION>
              Period                                               Amount
              ------                                               ------
<S>                                                             <C>
Fiscal quarter                                                  $  2,500,000
ended 12/31/2003

Fiscal quarter
ended 3/31/2004 and each fiscal quarter ended thereafter        $  2,500,000"
</TABLE>

                  (k)      Part 1-Commitments of Banks and Addresses for Notices
                           to Banks of Schedule 1.1(B) [Commitments of Banks and
                           Addresses For Notices] is hereby amended and restated
                           in its entirety to read as set forth on the schedule
                           attached hereto named as follows:

                                "SCHEDULE 1.1(B)
                 COMMITMENTS OF BANKS AND ADDRESSES FOR NOTICES

                  Part 1- Commitments of Banks and Addresses for Notices to
Banks"

                  (l)      Schedule 8.2.2 [Permitted Liens] is hereby amended by
                           adding thereto "Identified Assets to Secure
                           Commonwealth of Pennsylvania Financing" which is
                           attached hereto as a schedule named as follows:

                                    "Amendment to Schedule 8.2.2 [Permitted
                           Liens] Identified Assets to Secure Commonwealth of
                           Pennsylvania Financing".

                  (m)      Schedule 8.2.4 [Investments] is hereby amended and
                           restated in its entirety to read as set forth on the
                           schedule attached hereto bearing such name.

                  (n)      Exhibit 1.1(B) [Borrowing Base Certificate] is hereby
                           amended and restated in its entirety to read as the
                           Exhibit attached hereto bearing the same numerical
                           reference and name.

                  (o)      Exhibit 8.2.6 [Acquisition Compliance Certificate]
                           and Exhibit 8.3.4 [Quarterly Compliance Certificate]
                           are hereby amended and restated in their entirety to
                           read as the Exhibit attached hereto bearing the same
                           numerical reference and name.

3.       Conditions of Effectiveness of this Amendment. The effectiveness of
this Amendment is expressly conditioned upon satisfaction of each of the
following conditions precedent:

                  (a)      Fees and Expenses. The Borrower shall pay or cause to
be paid to the Agent for itself and for the account of the Banks the reasonable
costs and expenses of the Agent

                                       6
<PAGE>

and the Banks including, without limitation, reasonable fees of the Agent's
counsel and each Bank's counsel in connection with this Amendment. The Borrower
shall pay or cause to be paid to the Agent all costs and expenses with respect
to the audit of the accounts receivable and the accounts payable of the Loan
Parties. The Borrower shall pay to the Agent for the benefit of each Bank a fee
equal to .25% of the Revolving Credit Commitment of each Bank as of the date
hereof.

                  (b)      No Default. Confirmation of Representations and
Warranties, etc. As of the date hereof after giving effect hereto, no Event of
Default or Potential Default shall have occurred. The Borrower by executing this
Amendment hereby certifies and confirms that as of the date hereof and after
giving effect to this Amendment: (a) the execution, delivery and performance of
this Amendment and any and all other documents executed and/or delivered in
connection herewith have been authorized by all requisite corporate action on
the part of the Borrower and will not violate the Borrower's articles of
incorporation or bylaws, (b) no Event of Default or Potential Event of Default
has occurred or would result from the execution, delivery and performance of
this Amendment, (c) the representations and warranties of the Loan Parties
contained in the Credit Agreement and the other Loan Documents are true and
correct on and as of the date hereof with the same force and effect as though
made by the Loan Parties on such date (except representations and warranties
which relate solely to an earlier date or time), and (d) the Credit Agreement
(as amended by a First Amendment thereto dated as of December 8, 2000, a Second
Amendment thereto dated as of February 7, 2001, a Third Amendment thereto dated
as of October 31, 2001, a Fourth Amendment thereto dated as of October 10, 2002,
a Fifth Amendment thereto dated as of December 26, 2002 and this Amendment) and
all other Loan Documents are and remain legal, valid, binding and enforceable
obligations in accordance with the terms thereof.

                  (c)      Confirmation of Guaranty. Each of the Guarantors
shall have executed the Confirmation of Guaranty in the form attached hereto as
Exhibit A.

                  (d)      Organization, Authorization and Incumbency. There
shall be delivered to the Agent for the benefit of each Bank a certificate,
dated as of the date hereof and signed by the Secretary or an Assistant
Secretary of each Loan Party, certifying as appropriate as to:

                           (i)      all action taken by such Loan Party in
                                    connection with this Amendment and the other
                                    Loan Documents;

                           (ii)     the names of the officer or officers
                                    authorized to sign this Amendment and the
                                    other documents executed and delivered in
                                    connection herewith and described in this
                                    Section 3 and the true signatures of such
                                    officer or officers and specifying the
                                    officers authorized to act on behalf of each
                                    Loan Party for purposes of the Loan
                                    Documents and the true signatures of such
                                    officers, on which the Agent and each Bank
                                    may conclusively rely; and

                                       7
<PAGE>

                           (iii)    copies of its organizational documents,
                                    including its certificate of incorporation
                                    and bylaws if it is a corporation, its
                                    certificate of partnership and partnership
                                    agreement if it is a partnership, and its
                                    certificate of organization and limited
                                    liability company operating agreement if it
                                    is a limited liability company, in each case
                                    as in effect on the date hereof, certified
                                    by the appropriate state official where such
                                    documents are filed in a state office
                                    together with certificates from the
                                    appropriate state officials as to the
                                    continued existence and good standing of
                                    each of the Loan Parties in each state where
                                    organized or qualified to do business;
                                    provided that each of the Loan Parties other
                                    than Borrower may, in lieu of delivering
                                    copies of the foregoing organizational
                                    documents and good standing certificates,
                                    certify that the organizational documents
                                    and good standing certificates previously
                                    delivered by the Loan Parties to the Agent
                                    remain in full force and effect and have not
                                    been modified, amended or rescinded.

                  (e)      Consents and Approvals. To the extent any consent,
approval, order, or authorization or registration, declaration, or filing with
any governmental authority or other person or legal entity is required in
connection with the valid execution and delivery of this Amendment or the
carrying out or performance of any of the transactions required or contemplated
by this Amendment, all such consents, approvals, orders or authorizations shall
have been obtained or all such registrations, declarations, or filings shall
have been accomplished prior to the consummation of this Amendment.

                  (f)      Opinions of Counsel. There shall be delivered to the
Agent for the benefit of each Bank a written opinion dated the date hereof of
legal counsel to the Loan Parties, with such opinion to be in form and substance
satisfactory to the Agent.

                  (g)      Legal Details; Counterparts. All legal details and
proceedings in connection with the transactions contemplated by this Amendment
shall be in form and substance satisfactory to the Agent, the Agent shall have
received from the Borrower and the Banks an executed original of this Amendment
and the Agent shall have received all such other counterpart originals or
certified or other copies of such documents and proceedings in connection with
such transactions, in form and substance satisfactory to the Agent.

                  (h)      Payment of Revolving Credit Loans. The Borrower shall
have repaid an amount of the Revolving Credit Loans so that after giving effect
to the reduction of the Revolving Credit Commitments in accordance with this
Amendment, the sum of the aggregate outstanding Revolving Credit Loans and the
Letters of Credit Outstanding shall not exceed the lesser of (i) the Revolving
Credit Commitments and (ii) the Borrowing Base.

                                       8
<PAGE>

This Amendment shall become effective when it has been executed by the Loan
Parties, the Agent and the Banks and each of the other conditions set forth in
this Section 3 has been satisfied.

4.       Force and Effect. The Credit Agreement and other Loan Documents
referred to herein and certain of the exhibits and schedules thereto are hereby
amended in accordance with the terms hereof and any reference to the Credit
Agreement or other Loan Documents in any document, instrument, or agreement
shall hereafter mean and include the Credit Agreement or such Loan Document,
including such schedules and exhibits, as amended hereby. No novation is
intended or shall occur by or as a result of this Amendment. Borrower
reconfirms, restates, and ratifies the Credit Agreement, each of the other Loan
Documents and all other documents executed in connection therewith except to the
extent any such documents are expressly modified by this Amendment. This
Amendment is not intended to constitute, nor does it constitute, an
interruption, suspension of continuity, satisfaction, discharge of prior duties,
novation, or termination of the liens, security interests, indebtedness, loans,
liabilities, expenses, or obligations under the Credit Agreement or the other
Loan Documents. The Borrower and the Agent and each of the Banks acknowledges
and agrees that the Collateral has continued to secure the indebtedness, loans,
liabilities, expenses, and obligations under the Credit Agreement since the date
of execution of each applicable Loan Document, and all liens and security
interests in the Collateral which were granted pursuant to any of the Loan
Documents shall remain in full force and effect from and after the date hereof.

5.       Governing Law. This Amendment shall be deemed to be a contract under
the laws of the Commonwealth of Pennsylvania and for all purposes shall be
governed by and construed and enforced in accordance with the internal laws of
the Commonwealth of Pennsylvania without regard to its conflict of laws
principles.

6.       Counterparts. This Amendment may be signed in any number of
counterparts each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

                         [SIGNATURES BEGIN ON NEXT PAGE]

                                       9
<PAGE>

         [SIGNATURE PAGE 1 OF 3 TO SIXTH AMENDMENT TO CREDIT AGREEMENT]

         IN WITNESS WHEREOF and intending to be legally bound hereby, the
parties hereto have executed this Amendment as of the date first above written.

ATTEST:                                   FREEMARKETS, INC.

______________________________________    By:_____________________________[Seal]
Name:_________________________________    Name:___________________________
Title:________________________________    Title:__________________________

<PAGE>

         [SIGNATURE PAGE 2 OF 3 TO SIXTH AMENDMENT TO CREDIT AGREEMENT]

                                          PNC BANK, NATIONAL ASSOCIATION,
                                          individually and as Agent

                                          By:_________________________________
                                          Name:_______________________________
                                          Title:______________________________

<PAGE>

         [SIGNATURE PAGE 3 OF 3 TO SIXTH AMENDMENT TO CREDIT AGREEMENT]

                                          SILICON VALLEY BANK, individually and
                                          as Syndication Agent

                                          By:___________________________________
                                          Name:_________________________________
                                          Title:________________________________

<PAGE>

                                    EXHIBIT A

                            CONFIRMATION OF GUARANTY

                              ______________, 2003

To:      FreeMarkets Investment Company, Inc. ("Guarantor")

         Reference is made to that certain Credit Agreement, dated as of
November 3, 2000, as amended by a First Amendment thereto dated as of December
8, 2000, a Second Amendment thereto dated as of February 7, 2001, a Third
Amendment thereto dated as of October 31, 2001, a Fourth Amendment dated as of
October 10, 2002, a Fifth Amendment thereto dated as of December 26, 2002 and
the Sixth Amendment (as defined below) (the "Credit Agreement"), by and among
FreeMarkets, Inc., a Delaware corporation (the "Borrower"), the Banks from time
to time party thereto (the "Banks"), Silicon Valley Bank, individually and in
its capacity as Syndication Agent and PNC Bank, National Association, as
administrative agent for the Banks ("Agent"). All terms used herein unless
otherwise defined herein shall have the meanings as set forth in the Credit
Agreement.

         The Borrower has requested that the Banks and the Agent enter into that
certain Sixth Amendment to the Credit Agreement, dated as of the date hereof
(the "Sixth Amendment"), a copy of which has been delivered to each Loan Party.

         This letter agreement will confirm that the Guarantor has read and
understands the Sixth Amendment. In order to induce the Banks and the Agent to
enter into that Sixth Amendment, the Guarantor hereby consents to the Sixth
Amendment and all prior amendments described above and ratifies and confirms its
respective obligations under each of the Loan Documents (including all exhibits
and schedules thereto) to which it is a party by signing below as indicated,
including without limitation each Guaranty Agreement and each Security Agreement
to which it is a party. The Guarantor hereby acknowledges and agrees that
nothing contained in any of the Loan Documents is intended to create, nor shall
it constitute an interruption, suspension of continuity, satisfaction, discharge
of prior duties, novation or termination of the liens, security interests,
indebtedness, loans, liabilities, expenses or obligations of the Loan Parties
under the Credit Agreement or any other Loan Document.

                                        Very truly yours,

                                        PNC BANK, NATIONAL ASSOCIATION, as Agent

                                        By:_____________________________________

<PAGE>

                   [SIGNATURE PAGE TO CONFIRMATION OF GUARANTY
                          DATED _______________, 2003]

Intending to be legally bound
hereby, the undersigned has
accepted and agreed to the
foregoing as of the date and
year first above written.

GUARANTOR:

FREEMARKETS INVESTMENT COMPANY, INC.

By:_________________________________
Name:_______________________________
Title:______________________________

<PAGE>

                                 SCHEDULE 1.1(B)

                 COMMITMENTS OF BANKS AND ADDRESSES FOR NOTICES

PART 1 - COMMITMENTS OF BANKS AND ADDRESSES FOR NOTICES TO BANKS

<TABLE>
<CAPTION>
                                                AMOUNT OF
                                              COMMITMENT FOR     AMOUNT OF
                                             REVOLVING CREDIT  COMMITMENT FOR     TOTAL
                        BANK                      LOANS          TERM LOANS     COMMITMENTS  RATABLE SHARE
                        ----                 ----------------  --------------   -----------  -------------
<S>          <C>                             <C>               <C>              <C>          <C>
Name:        PNC Bank, National Association
Address:     c/o VentureBank@PNC
             One PNC Plaza
             249 Fifth Avenue, 3rd Floor
             Pittsburgh, PA 15222            $      7,500,000  $    2,000,000   $ 9,500,000       50%
Attention:   Thomas Majeski
Telephone    (412) 762-2431
Telecopy:    (412) 762-6484

Name:        Silicon Valley Bank
Address:     5 Radnor Corporate Center,
             Suite 555
             100 Matsonford Road
             Radnor, PA 19087
Attention:   Beth Harper
Telephone:   (610) 975-6045                  $      7,500,000  $    2,000,000   $ 9,500,000       50%
Telecopy:    (610) 971-2063

                    TOTAL                    $     15,000,000  $    4,000,000   $19,000,000      100%
                                             ================  ==============   ===========      ===
</TABLE>

<PAGE>

                  AMENDMENT TO SCHEDULE 8.2.2 [PERMITTED LIENS]

       IDENTIFIED ASSETS TO SECURE COMMONWEALTH OF PENNSYLVANIA FINANCING

The following identifies the "Identified Assets to Secure Commonwealth of
Pennsylvania Financing":

       1.   That certain Software License Agreement between Debtor and Siebel
            Systems, Inc. ("Siebel") dated March 15, 2001 (the "Siebel License
            Agreement") for the Siebel Call Center 2000 (the "Call Center") and
            the software licensed by Siebel under the Siebel License Agreement,
            which Siebel License Agreement includes the Siebel software modules
            listed below:

MODULE

Call Center
Encyclopedia
Office
Sync
Reports
Anywhere
Workflow
Assignment Manager
Data Quality
Revenue Forecasting
Target Account Selling
System Software
Remote Client

       2.   The following equipment:

<TABLE>
<CAPTION>
                     QUANTITY & ITEM                             SERIAL NUMBER
                     ---------------                             -------------
<S>                                                              <C>
One (1) Compaq Proliant ML570 PIII 700 Xeon 512MB 2MB L2 Cache   D038CXJ1JK247

Eight (8) Compaq 9.1 GB Wide Ultra 3 SCSI 10,000 RPM Drive       8K0CDDC783SC
                                                                 8K0CDDC783T5
                                                                 8K0CDDC783WV
                                                                 8K0CDDC783XB
                                                                 8K0CDDC783SZ
                                                                 8K0CDDC783WK
                                                                 8K0CDDC783X4
                                                                 8K0CDDC783XV

Twenty (20) Compaq 18.2 GB Wide Ultra 3 SCSI 10,000 RPM Drive    8F0BDDC88338
                                                                 8F0BDDC883GF
                                                                 8F0BDDC884PG
</TABLE>

                                   PAGE 1 OF 3

<PAGE>

<TABLE>
<CAPTION>
                     QUANTITY & ITEM                             SERIAL NUMBER
                     ---------------                             -------------
<S>                                                              <C>
Twenty (20) Compaq 18.2 GB Wide Ultra 3 SCSI 10,000 RPM Drive    8F0BDDC884RR
(continued)                                                      8F0BDDC884T4
                                                                 8F0BDDC884TH
                                                                 8F0BDDC890RJ
                                                                 8F0BDDC89108
                                                                 8F0BDDC891C7
                                                                 8F0BDDC891DE
                                                                 8F0BDDC8838R
                                                                 8F0BDDC88495
                                                                 8F0BDDC884RB
                                                                 8F0BDDC884S5
                                                                 8F0BDDC884TF
                                                                 8F0BDDC884TW
                                                                 8F0BDDC890TR
                                                                 8F0BDDC89199
                                                                 8F0BDDC891DD
                                                                 8F0BDDC891DX
</TABLE>

       3.   The following equipment which is also identified on the invoices
            issued by Insight to the Borrower on April 23, 2001 and April 27,
            2001, respectively which are attached hereto and made a part hereof.

<TABLE>
<CAPTION>
                QUANTITY & ITEM                                   MFG. PART NO.
                ---------------                                   -------------
<S>                                                               <C>
One (1) Compaq Proliant ML530 Redundant Fan Kit                    128284-B21

One (1) Compaq Hot Plug Redundant Power Supply ML530/570           128286-001

One (1) Compaq Smart Array 431 Controller Ultra 3 1CH 64 Bit       127695-B21

Two (2) Compaq Integrated Keyboard RD/Track Ball                   185152-406

Eleven (11) 2GB SDRAM (4X512) MSD Memory for DL580 ML570 4X512     189082-B21

Six (6) Compaq 1GB SDRAM DIMM 133 MHZ ECC DIMM Memory Option Kit   128280-B21

Two (2) Compaq 2048-MB SDRAM DIMMS Memory Expansion Kit            328809-B21

Two (2) Compaq IU Keyboard Drawer                                  338056-B21

Two (2) Compaq 12 ft KVM Console Cable                             110936-B21
</TABLE>

                                   PAGE 2 OF 3

<PAGE>
<TABLE>
<CAPTION>
                QUANTITY & ITEM                                   MFG. PART NO.
                ---------------                                   -------------
<S>                                                               <C>
Two (2) Compaq Flat Panel TFT500R 15" Rack Mount Opal/White        120207-001

Fourteen (14) 64 Bit PCI to Fibre Channel (NT) Adapter             176479-B21

Twenty-Eight (28) 15 M Multimode Fibre Cable Compaq                234457-B23

Two (2) Compaq 1X8 Port Switch Box                                 400337-001

One (1) Compaq Proliant ML530 Tower to Rack Conversion Kit         128289-B21

One (1) PCI Dual 10/100 Compaq PC                                  317450-B21
</TABLE>

                                   PAGE 3 OF 3
<PAGE>

    [INVOICES WILL BE INCLUDED WHEN FINAL EXECUTED DOCUMENTS ARE DISTRIBUTED]

<PAGE>

                                 SCHEDULE 8.2.4

                                   INVESTMENTS

Loan from FreeMarkets Investment Company, Inc., as payee, to FreeMarkets
s.a./n.v., as payor, in the original principal amount of 450,000,000 Belgian
Francs, pursuant to that certain note dated December 31, 2000.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}]]