Document:

Tri-Party Agreement dated as of August 18, 2005

 Exhibit 4.8 
 TRI-PARTY AGREEMENT 
 This TRI-PARTY AGREEMENT (this “Instrument”), dated as of August 18,
2005, by and among Precision Castparts Corp., an Oregon corporation (the “Company”), J.P. Morgan Trust Company, National Association (the “Resigning Trustee”) and U.S. Bank National Association, a national banking association
duly organized and existing under the laws of the United States of America (the “Successor Trustee”). 
 WITNESSETH 
 WHEREAS, the Company has executed and delivered to the Resigning Trustee an indenture, dated as of December 17, 1997, as amended by indentures supplemental thereto
(the “Indenture”) providing for the issuance of the Precision Castparts Corp. 5.6% Notes due 12/15/13 and the Precision Castparts Corp. 6.75% Notes due 12/15/07 (the “Securities”); and 
 WHEREAS, the Resigning Trustee has been acting as Trustee under the Indenture; and 
 WHEREAS, Section 610 of the Indenture provides that the Trustee may resign at any time; and 
 WHEREAS, Section 610 of the Indenture further provides that in case the Trustee shall resign, the Company may appoint a successor Trustee; and 
 WHEREAS, Section 610 of the Indenture further provides that the successor Trustee shall be qualified under the provisions of such Section 609 of the Indenture;
and 
 WHEREAS, Section 611 of the Indenture further provides that any successor Trustee appointed under the Indenture shall execute, acknowledge and
deliver to the Company and to the Resigning Trustee an instrument accepting such appointment, thereupon the acceptance of the resignation of the Resigning Trustee shall become effective and the Successor Trustee without any further act, deed or
conveyance, shall become fully vested with all the rights, powers, duties and responsibilities of the Resigning Trustee; 
 NOW, THEREFORE, pursuant to the
Indenture and in consideration of the covenants herein contained, it is agreed as follows (words and phrases not otherwise defined in this Instrument having the definitions given thereto in the Indenture): 
  

	1.	Pursuant to the terms of the Indenture, the Company has notified the Resigning Trustee that the Resigning Trustee has been removed as Trustee under the Indenture effective as of
August 18, 2005 (the “Effective Date”). 

	2.	Effective as of the Effective Date, the Resigning Trustee hereby assigns, transfers, delivers and confirms to the Successor Trustee all of its rights, title, interest under the
Indenture and all of its rights, title, interests, capacities, privileges, duties and responsibilities as Trustee under the Indenture, except as set forth in paragraph 19 hereof. 

  

	3.	The Resigning Trustee agrees to execute and deliver such further instruments and shall take such further actions as the Successor Trustee or the Company may reasonably request so as
to more fully and certainly vest and confirm in the Successor Trustee all of the rights, title, interests, capacities, privileges, duties and responsibilities hereby assigned, transferred, delivered and confirmed to the Successor Trustee, including
without limitation, the execution and delivery of any instruments required to assign all liens in the name of the Successor Trustee. 

  

	4.	Effective as of the Effective Date, the Company hereby accepts the resignation of the Resigning Trustee and the Company appoints the Successor Trustee as successor Trustee under the
Indenture; and the Company confirms to the Successor Trustee all of the rights, title, interest, capacities, privileges, duties and responsibilities of the Trustee under the Indenture except as set forth in paragraph 19 hereof.

  

	5.	The Company agrees to execute and deliver such further instruments and to take such further action as the Successor Trustee may reasonably request so as to more fully and certainly
vest and confirm in the Successor Trustee all the rights, title, interests, capacities, privileges, duties and responsibilities hereby assigned, transferred, delivered and confirmed to the Successor Trustee. 

  

	6.	Effective as of the Effective Date, the Successor Trustee hereby accepts its appointment as successor Trustee under the Indenture and shall be vested with all of the rights, title,
interests, capacities, privileges, duties and responsibilities of the Trustee under the Indenture. 

  

	7.	The Successor Trustee hereby represents that it is qualified and eligible under the provisions of Section 609 of the Indenture to be appointed successor Trustee and hereby
accepts the appointment as successor Trustee and agrees that upon the signing of this Instrument it shall become vested with all the rights, title, interest, capacities, privileges, duties and responsibilities of the Resigning Trustee with like
effect as if originally named as Trustee under the Indenture. 

  

	8.	The Successor Trustee shall cause notice of the resignation, appointment and acceptance effected hereby to be given to the owners of the Securities. 

  

	9.	Effective as of the Effective Date, the Successor Trustee shall serve as Trustee as set forth in the Indenture at its principal corporate trust office in Portland, Oregon or such
other address as may be specified, where notices and demands to or upon the Company in respect of the Securities may be served. 

  

 2 

	10.	The Resigning Trustee hereby represents and warrants to the Successor Trustee that: 

  

	 	a)	To the best of its knowledge no Event of Default and no event which, after notice or lapse of time or both, would become an Event of Default has occurred and is continuing under the
Indenture. 

  

	 	b)	No covenant or condition contained in the Indenture has been waived by the Resigning Trustee or to the best of its knowledge by the holders of the percentage in aggregate principal
amount of the Securities required by the Indenture to effect any such waiver. 

  

	 	c)	There is no action, suit or proceeding pending or threatened against the Resigning Trustee before any court or governmental authority arising out of any action or omission by the
Resigning Trustee as Trustee under the Indenture. 

  

	 	d)	The Resigning Trustee has entered into no other supplement or amendment to the Indenture or any other document executed by the Resigning Trustee in connection with the Securities.

  

	 	e)	As of the Effective Date, the Resigning Trustee holds no moneys in any fund or account established by it as Trustee under the Indenture. 

  

	11.	Each of the parties hereto hereby represents and warrants for itself that as of the date hereof, and the Effective Date: 

  

	 	a)	it has power and authority to execute and deliver this Instrument and to perform its obligations hereunder, and all such action has been duly and validly authorized by all necessary
proceedings on its part; and 

  

	 	b)	this Instrument has been duly authorized, executed and delivered by it, and constitutes a legal, valid and binding agreement enforceable against it in accordance with its terms,
except as the enforceability of this Instrument may be limited by bankruptcy, insolvency or other similar laws of general application affecting the enforcement of creditor’s rights or by general principles of equity limiting the availability of
equitable remedies. 

  

	12.	The parties hereto agree that this Instrument does not constitute an assumption by the Successor Trustee of any liability of the Resigning Trustee arising out of any actions or
inaction by the Resigning Trustee under the Indenture. 

  

	13.	The parties hereto agree that as of the Effective Date, all references to the Resigning Trustee as Trustee in the Indenture shall be deemed to refer to the Successor Trustee. From
and after the Effective Date, all notices or payments which were required by the terms of the Indenture and Securities to be given or paid to the Resigning Trustee, as Trustee, shall be given or paid to: U.S. Bank National Association, Corporate
Trust Department, 555 SW Oak Street, PD-OR-P6TD, Portland, Oregon 97204. 

  

 3 

	14.	The resignation, appointment and acceptance effected hereby shall become effective as of the opening of business on the Effective Date. 

  

	15.	This Instrument shall be governed by and construed in accordance with the laws of the State of Oregon. 

  

	16.	This Instrument may be executed in any number of counterparts, each of which shall be an original, but which counterparts, shall together constitute but one and the same instrument.

  

	17.	Nothing contained in this Instrument shall in any way affect the obligations or rights of the Company or the Resigning Trustee. This Instrument shall be binding upon and inure to
the benefit of the Company, the Resigning Trustee and the Successor Trustee and their respective successors and assigns. 

  

	18.	Resigning Trustee acknowledges fees for the period to the Effective Date have been paid in full. Fees payable by the Company on and after the Effective Date under the Indenture
shall henceforth be invoiced by and paid to the Successor Trustee at such address and account as shall hereafter be provided by the Successor Trustee to the Company. 

  

	19.	Nothing contained in this Instrument shall in any way affect the obligations of the Company to the Resigning Trustee under Section 607 of the Indenture or any lien created
thereunder. 

  

 4 

 IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly executed and attested by their duly
authorized officers, all as of the date and year first above written. 
  

			
	Precision Castparts Corp.
		
	By:	 	  

	Title:	 	  

	
	 J.P. Morgan Trust Company, National
 Association, as Resigning Trustee

		
	By:	 	  

	Title:	 	  

	
	 U. S. BANK NATIONAL ASSOCIATION,
 as
Successor Trustee

		
	By:	 	  

	Title:	 	Vice President

  

 5Amendment No. 1 to Guaranty Agreement, dated as of October 14, 2005

 Exhibit 10.13 
 Execution Version 
 AMENDMENT NO. 1 TO GUARANTY AGREEMENT

 THIS AMENDMENT NO. 1 TO GUARANTY AGREEMENT (this “Amendment Agreement”) is made and entered into as of
October 14, 2005 by EACH OF THE UNDERSIGNED MATERIAL SUBSIDIARIES OF THE BORROWER (each a “Guarantor” and collectively the “Guarantors”) and BANK OF AMERICA, N.A., as the administrative agent for
the Lenders (in such capacity, the “Administrative Agent”). 
 W I T N E S S E T H: 
 WHEREAS, the Administrative Agent, the lenders party thereto (collectively, the “Prior Lenders” and individually each an
“Prior Lender”) and Precision Castparts Corp., an Oregon corporation (the “Borrower”), entered into that certain Credit Agreement dated as of December 9, 2003 (as amended, restated, amended and restated,
extended, supplemented, modified or replaced from time to time, the “Existing Credit Agreement”), pursuant to which the Prior Lenders agreed to make and have made available to the Borrower a revolving credit facility, including a
letter of credit subfacility and a swing line subfacility, and a term loan facility in an initial aggregate principal amount of up to $700,000,000; and 
 WHEREAS, each Guarantor is a direct or indirect Domestic Subsidiary of the Borrower and has materially benefited directly or indirectly from the loans made available and letters of credit issued under the
Credit Agreement, and will materially and directly benefit from the loans made available and to be made available, and the letters of credit issued and to be issued under, the Amended and Restated Credit Agreement (defined below); and 
 WHEREAS, each of the Guarantors entered into that certain Guaranty Agreement dated as of December 9, 2003 (as hereby amended and as from time
to time hereafter amended, restated, amended and restated, extended, supplemented, modified or replaced, the “Guaranty”) made to the Administrative Agent, for the benefit of the Secured Parties (as defined in the Guaranty), whereby
each Guarantor guaranteed to the Administrative Agent for the benefit of the Secured Parties the payment and performance in full of the Borrower’s Liabilities (as defined in the Guaranty); and 
 WHEREAS, the Borrower has notified the Administrative Agent that the Borrower desires to amend and restate the Credit Agreement as of the date
hereof in order to, among other things, (i) convert the entire facility into a revolving credit facility, (ii) extend the maturity date of the revolving credit facility, (iii) increase the maximum aggregate principal amount of the
revolving credit facility to $1,000,000,000 (subject to an increase option) and (iv) make certain other amendments to the Credit Agreement (collectively, the amending actions to the Credit Agreement are referred to as the “Credit
Agreement Amendments”), all on the terms and subject to the conditions set forth in that certain Amended and Restated Credit Agreement dated as of October 14, 2005 among the Borrower, the Administrative Agent, certain of the Prior
Lenders and certain other lenders party thereto (collectively, the Prior Lenders and other lenders party thereto are referred to herein as the “Lenders” and such Amended and Restated Credit 

 Agreement, as from time to time amended, restated, amended and restated, revised, modified or supplemented, is referred
to herein as the “Amended and Restated Credit Agreement”; capitalized terms used herein but not otherwise defined herein shall have the meanings assigned to such terms in the Amended and Restated Credit Agreement); and 

WHEREAS, a material part of the consideration given in connection with and as an inducement to the execution and delivery of the Amended and
Restated Credit Agreement by the Administrative Agent and the Lenders was the obligation of the Borrower to cause each Guarantor to continue its obligations under the Guaranty, as amended by this Amendment Agreement, and to enter into this Amendment
Agreement, and the Administrative Agent and the Lenders are unwilling to enter into the Amended and Restated Credit Agreement unless each of the Guarantors agrees to continue to guarantee the Borrower’s Liabilities, and in connection therewith
that the Guarantors enter into this Amendment Agreement; 
 NOW, THEREFORE, in consideration of the premises and further valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows: 
 1. Amendments to
Guaranty. Subject to the terms and conditions set forth herein, the Guaranty is hereby amended as follows: 
 (a) All
references to “Credit Agreement” in the Guaranty shall hereafter refer to the Amended and Restated Credit Agreement. 
 (b) Section 9 of the Guaranty is hereby amended to restate the last sentence of subsection (c) in its entirety to read as follows: 
 For purposes of this Guaranty Agreement, “Facility Termination Date” means the date as of which all of the following shall have occurred: (i) the Borrower shall have permanently terminated the
credit facilities under the Loan Documents by final payment in full of all Outstanding Amounts, together with all accrued and unpaid interest and fees thereon, other than (A) the undrawn portion of Letters of Credit and (B) all letter of
credit fees relating thereto accruing after such date (which fees shall be payable solely for the account of the L/C Issuer and shall be computed (based on interest rates and the Applicable Rate then in effect) on such undrawn amounts to the
respective expiry dates of the Letters of Credit), in each case as have been fully Cash Collateralized or as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made;
(ii) all Revolving Credit Commitments shall have terminated or expired; (iii) the obligations and liabilities of the Borrower and each other Loan Party under all Related Swap Contracts shall have been fully, finally and irrevocably paid
and satisfied in full and the Related Swap Contract shall have expired or been terminated, or other arrangements satisfactory to the counterparties shall have been made with respect thereto; and (iv) the Borrower and each other Loan Party shall
have fully, finally and irrevocably paid and satisfied in full all of their respective obligations and liabilities arising under the Loan Documents, including with respect to the Borrower and the Obligations 
  

 - 2 - 

 (except for future obligations consisting of continuing indemnities and other contingent Obligations of
the Borrower or any Loan Party that may be owing to the Administrative Agent or any Related Party of the Administrative Agent or any Lender pursuant to the Loan Documents and expressly survive termination of the Credit Agreement). 
 (c) Section 16 of the Guaranty is hereby amended to restate the first sentence of such Section in its entirety to read as
follows: 
 The rules of interpretation contained in Sections 1.03 and 1.06 of the Credit Agreement shall be
applicable to this Guaranty Agreement and each Guaranty Joinder Agreement and are hereby incorporated by reference. 
 (d)
Section 18 of the Guaranty is hereby amended to replace the reference to “Section 10.07” with a reference to “Section 10.06”. 
 (e) Section 19 of the Guaranty is hereby amended to restate the last sentence of such Section in its entirety to read as
follows: 
 Each Secured Party not a party to the Credit Agreement who obtains the benefit of this Guaranty Agreement by virtue of the
provisions of this Section shall be deemed to have acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of the Credit Agreement, and that with respect to the actions and omissions of the Administrative Agent
hereunder or otherwise relating hereto that do or may affect such Secured Party, the Administrative Agent and each Related Party of the Administrative Agent shall be entitled to all the rights, benefits and immunities conferred under Article
IX of the Credit Agreement. 
 (f) Section 21 of the Guaranty is hereby amended by deleting the last sentence
of such Section. 
 2. Full Force and Effect of Guaranty; Consent of the Guarantors. Each Guarantor hereby consents, acknowledges and
agrees to the Credit Agreement Amendments and to the amendments set forth in this Amendment Agreement, and hereby confirms and ratifies in all respects the Guaranty (as amended hereby) to which such Guarantor is a party (including without limitation
the continuation of such Guarantor payment and performance obligations thereunder upon and after the effectiveness of this Amendment Agreement, the Credit Agreement Amendments and the amendments contemplated hereby and thereby) and the
enforceability of such Guaranty against such Guarantor in accordance with its terms. 
 3. Representations and Warranties.
(a) Each Guarantor hereby certifies that after giving effect to this Amendment Agreement, the representations and warranties of the Guarantors contained in Section 11 of the Guaranty are true and correct on and as of the date
hereof, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such date. 
  

 - 3 - 

 (b) Each Guarantor hereby represents and warrants that this Amendment Agreement has been duly authorized,
executed and delivered by each Guarantor and constitutes a legal, valid and binding obligation of such parties, except as may be limited by general principles of equity or by the effect of any applicable bankruptcy, insolvency, reorganization,
moratorium or similar law affecting creditors’ rights generally. 
 (c) The Guarantors party hereto constitute all of the Material
Subsidiaries of the Borrower required to be Guarantors pursuant to the terms of the Amended and Restated Credit Agreement as of the date hereof. 
 4. Conditions to Effectiveness. The effectiveness of this Amendment Agreement and the amendments to the Guaranty provided herein are subject to the satisfaction of the following conditions precedent: 
 (a) receipt by the Administrative Agent of originals, telecopies or electronic copies in secure document format (such as .pdf) (followed
promptly by originals) of this Amendment Agreement, duly executed by each Guarantor and the Administrative Agent; 
 (b)
receipt by the Administrative Agent of executed counterparts of the Amended and Restated Credit Agreement by the Borrower, the Administrative Agent and each Lender party thereto, and the Administrative Agent’s satisfaction that the conditions
precedent contained in Section 4.01 of the Amended and Restated Credit Agreement have been satisfied; and 
 (c)
such other documents, instruments and certificates as reasonably requested by the Administrative Agent. 
 Upon satisfaction of the
conditions set forth in this Section 4, this Amendment Agreement shall be effective as of the date hereof. 
 5. Entire
Agreement. This Amendment Agreement, together with all the Loan Documents (collectively, the “Relevant Documents”), sets forth the entire understanding and agreement of the parties hereto in relation to the subject matter hereof
and supersedes any prior negotiations and agreements among the parties relating to such subject matter. No promise, condition, representation or warranty, express or implied, not set forth in the Relevant Documents shall bind any party hereto, and
no such party has relied on any such promise, condition, representation or warranty. Each of the parties hereto acknowledges that, except as otherwise expressly stated in the Relevant Documents, no representations, warranties or commitments, express
or implied, have been made by any party to the other in relation to the subject matter hereof or thereof. 
 6. Counterparts. This
Amendment Agreement may be executed in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page of this
Amendment Agreement by telecopy or electronic copy in secure document format (such as .pdf) shall be effective as delivery. 
  

 - 4 - 

 7. Governing Law. This Amendment Agreement shall in all respects be governed by, and construed in
accordance with, the laws of the State of New York. 
 8. Enforceability. Should any one or more of the provisions of this Amendment
Agreement be determined to be illegal or unenforceable as to one or more of the parties hereto, all other provisions nevertheless shall remain effective and binding on the parties hereto. 
 9. References. All references in any of the Loan Documents to the “Guaranty” or the “Guaranty Agreement” shall mean the
Guaranty, as amended hereby. 
 10. Successors and Assigns. This Amendment Agreement shall be binding upon and inure to the benefit of
each Guarantor, the Lenders, the L/C Issuer and the Administrative Agent and their respective successors, assigns and legal representatives; provided, however, that no Guarantor, without the prior consent of the Administrative Agent,
may assign any rights, powers, duties or obligations hereunder. 
 [Signature pages follow.] 
  

 - 5 - 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to Guaranty Agreement
to be duly executed by their duly authorized officers, all as of the day and year first above written. 
  

			
	ADMINISTRATIVE AGENT:
	
	BANK OF AMERICA, N.A.,
		
	By:	 	  

	Name:	 	Anthea Del Bianco
	Title:	 	Vice President

 Precision Castparts Corp. 
 Amendment No. 1 to Guaranty Agreement 
 Signature Pages 

			
	GUARANTORS:
	
	PCC STRUCTURALS, INC.
	PCC AIRFOILS LLC.
	PCC SPECIALTY PRODUCTS, INC.
	J&L FIBER SERVICES, INC.
	ADVANCED FORMING TECHNOLOGY, INC.
	WYMAN-GORDON COMPANY
	PRECISION FOUNDERS INC.
	WYMAN-GORDON FORGINGS (CLEVELAND), INC.
	WYMAN-GORDON FORGINGS LP
	    By WGF I LLC, its General Partner
	WYMAN-GORDON INVESTMENT CASTINGS, INC.
	SPS TECHNOLOGIES, LCC
	PCC COMPOSITES, INC.
	CARMET INVESTORS, INC.
	CARMET COMPANY
	WG WASHINGTON STREET LLC
	WGF I LLC
	WGF II LLC
	WG FORGINGS 3 LLC
	WG FORGINGS 2 LLC
	INTERNATIONAL EXTRUDED PRODUCTS, LLC
	CANNON-MUSKEGON CORPORATION
	GREENVILLE METALS, INC.
	GREER STOP NUT, INC.
	HOWELL PENNCRAFT, INC.
	M. ARGUESO & CO., INC.
	METALAC FASTENERS, INC.
	NSS TECHNOLOGIES, INC.
	SPS INTERNATIONAL INVESTMENT COMPANY
	SPS TECHNOLOGIES WATERFORD COMPANY
	UNBRAKO, LLC
	AVIBANK MFG., INC.
		
	By:	 	  

	Name:	 	Geoffrey A. Hawkes
	Title:	 	Vice President-Treasurer and Assistant Secretary

 Precision Castparts Corp. 
 Amendment No. 1 to Guaranty Agreement 
 Signature Pages

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}]]