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                                                                    EXHIBIT 4.15

ADDITIONAL ISSUE OF DKK 50 MILLION, 2 PER CENT BONDS

UDSTEDER                                  ISSUER

York International Corporation            York International Corporation

FORHOJELSE AF 2% OBLIGATIONSLAN           INCREASE OF 2% BONDS LOAN 2003/2004
2003/2004 OPRINDELIGT DKK 200.000.000     INITIALLY DKK 200,000,000 TO DKK
TIL DKK 250.000.000.                      250,000,000.

ARRANGOR                                  ARRANGER

Danske Bank                               Danske Bank

BETINGELSER FOR ALLONGE TIL OBLIGATIONS-  TERMS AND CONDITIONS FOR ANNEX
BETINGELSER

Naervaerende allonge skal laeses og       This annex is to be read and construed
fortolkes i sammenhaeng med               in connection with the terms and
obligationsbetingelser dateret 28.        conditions for the bonds, dated
oktober 2003 (Appendix 1), sammen         October 28, 2003 (Appendix 1),
herefter betegnet                         together hereinafter termed "the terms
"obligationsbetingelserne", som skal      and conditions for the bonds", that
gaelde for det oprindelige lan samt       apply to the initial loan and the
Forhojelsen som naermere beskrevet        Increase as described below.
nedenfor.

Med virkning fra Indbetalingsdag for      From the Payment Date for additional
forhojelsen, som beskrevet nedenfor,      bonds, as described below, the terms
aendres obligationsbetingelserne som      and conditions for the bonds are
folger:                                   amended as follows:

FORHOJELSEN                               THE INCREASE

Den initiale udstedelse pa nominelt       The initial issue for DKK 200 million
danske kroner ("DKK") 200 mio.            is increased with DKK 50 million to a
forhojes med                              total

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                                                                               2

nominelt DKK 50 mio. til i alt            issue of DKK 250 million.
nominelt DKK 250 mio.

KURS                                      RATE

Obligationer i relation til               Bonds in relation to the Increase (in
Forhojelsen (i naervaerende allonge       this annex termed "the additional
benaevnt "tillaegsobligationerne",        bonds", which in relation to the terms
som i relation til                        and conditions for the bonds are
obligationsbetingelserne indgar i         included in the term "the bonds") are
betegnelsen "obligationer") er            acquired by Danske Bank for the
erhvervet af Danske Bank med henblik      purpose of resale to investors at
pa videresalg til investorer til          current market values.
gaeldende markedskurser.

INDBETALINGSDAG FOR TILLAEGSOBLIGATION-   PAYMENT DATE FOR THE ADDITIONAL BONDS
ERNE

23. december 2003                         December 23, 2003

LOBETID OG KUPONRENTE                     TERM AND COUPON RATE

Lobetiden for tillaegsobligationerne      The additional bonds shall have a term
er fra Indbetalingsdagen for              from the Payment Date for additional
tillaegsobligationerne til 29.            bonds until October 29, 2004.
oktober 2004.

Tillaegsobligationerne forrentes dog      However, during the term for the bonds
i lobetiden for de oprindeligt            initially issued, which is 364 days
udstedte obligationer, som er 364         from October 31, 2003, to October 29,
dage fra 31. oktober 2003 til 29.         2004, the additional bonds carry a
oktober 2004, med en fast kuponrente      fixed coupon rate of 2 per cent per
pa 2% p.a.                                annum.

Renteberegningen sker pa basis af         The calculation of interests is to be
lobetidens faktiske antal dage (364       done on the basis of the actual number
dage) divideret med det faktiske          of days within the period of maturity
antal dage i det fulde relevante ar       (364 days) divided by the actual
(366 dage).                               number of days within the full
                                          relevant year (366 days).

FONDSKODE                                 ISIN CODE

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                                                                               3

DK 000036528-9                            DK 000036528-9

LOVVALG OG VAERNETING                     GOVERNING LAW AND VENUE

Obligationerne er underlagt dansk ret     The bonds are to be governed by and
og eventuelle sogsmal med relation        construed in accordance with Danish
til obligationerne skal anlaegges ved     law. Any legal actions arising out of
So-og Handelsretten i Kobenhavn.          or relating to the bonds shall be
                                          settled by the Copenhagen Maritime and
                                          Commercial Court.

UDSTEDERS TILTRAEDELSE AF ALLONGE TIL     ISSUERS ACCEPTANCE OF ANNEX TO TERMS
OBLIGATIONSBETINGELSER                    AND CONDITIONS FOR BONDS

Naervaerende allonge til                  This annex to terms and conditions for
obligationsbetingelser tiltraedes         bonds is hereby accepted:
herved:

[underskrift]                             [signature]

York, Pennsylvania, den 17. December      York, Pennsylvania, December 17, 2003
2003                                      York International Corporation
York International Corporation            ("York")
("York")<PAGE>

                                                                    EXHIBIT 10.7

                              AMENDMENT NUMBER 1 TO
                         YORK INTERNATIONAL CORPORATION
                  SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP)

York International Corporation (the "Employer") wishes to amend the York
International Corporation Supplemental Executive Retirement Plan (SERP) (the
"Plan").

Accordingly, the Plan hereby is amended, as permitted under Section 7.04 of the
Plan, as follows:

         Effective January 1, 1997, Section 2.06 of the Plan is amended to read
         as follows:

         2.06 "Compensation" shall mean the regular or base salary or wages
         received by a Member from the Employer during a calendar year for
         personal services rendered plus the lesser of (a) or (b), defined as:

                  a)       Base "EV" bonus award percentage for the calendar
                           year times the Member's annual base salary as
                           December 31 of such calendar year, or

                  b)       Total bonus earned for the calendar year;

         and excluding: (i) contributions, credits or benefits paid or accrued
         under this Plan or any other qualified or non-qualified retirement
         plan, deferred compensation plan, welfare benefit plan or fringe
         benefit plan of the Employer, (ii) compensation resulting from grant
         (if the value of such grant would otherwise be excludable from the
         Member's gross income), exercise or cancellation of or vesting or lapse
         of restrictions with respect to stock options or stock awards or
         disposition of the underlying stock, (iii) reimbursement for expenses,
         or other expense allowances, (iv) moving expenses, (v) severance
         payments, and (vi) expatriation payments. In all cases, however, not
         withstanding any exclusion specified above, Compensation shall include
         any amount which would otherwise be deemed Compensation under this
         Section 2.06 but for the fact that it is deferred pursuant to a salary
         reduction agreement under any plan described in Section 401 (k), 402(h)
         or 125 of the Internal Revenue Code of 1986, as amended, or under any
         non-qualified deferred compensation plan or agreement.

                  In all other respects, the Plan hereby is ratified and
                  affirmed.

         IN WITNESS WHEREOF, the Employer has caused this Amendment to be
executed effective January 1, 1997.

WITNESS/ATTEST:                                YORK INTERNATIONAL CORPORATION

 /s/ R. A. King                                By: /s/ Jane G. Davis
--------------------------                       -------------------------------

Print Name: R. A. King                         Print Name: Jane G. Davis

                                               Title: Vice President, Secretary
                                                      & General Counsel

                                               Date: June 30, 1997<PAGE>

                                                                   EXHIBIT 10.12

             SECOND AMENDMENT TO THE YORK INTERNATIONAL CORPORATION

                      EXECUTIVE DEFERRED COMPENSATION PLAN

                (AS AMENDED AND RESTATED EFFECTIVE JULY 1, 2001)

         Pursuant to the powers of amendment reserved to the Compensation
Committee under Article X of the York International Corporation Executive
Deferred Compensation Plan (the "Plan"), the Plan is hereby amended, effective
as of January 1, 2004, as follows:

         1.       Section 4.3(a) is hereby amended and restated in its entirety
                  to read as follows:

                  4.3(a) MATCHING CONTRIBUTIONS

                           (a)      For each calendar year, the Administrative
                                    Committee shall allocate to each
                                    Participant's Account an amount equal to
                                    fifty percent (50%) of the Participant's
                                    Salary Deferrals for such calendar year;
                                    provided, however, that such Matching
                                    Contributions shall not exceed four percent
                                    (4%) of any Participant's base salary for
                                    the calendar year. Subject to the foregoing
                                    limit, Matching Contributions shall be
                                    allocated to Participant's account ratably
                                    as such Participant's Salary Deferrals are
                                    allocated to his or her Account pursuant to
                                    Section 4.2(c).

         IN WITNESS WHEREOF, the Compensation Committee has caused this Second
Amendment to be executed as of the 3rd day of December, 2003.

                                  The Compensation Committee of the Board
                                  of Directors of York International Corporation

                                  By: __________________________________________

Attest:
________________________________________

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