Document:

DEFERRAL RESTORATION PLAN

Heller Financial, Inc. Deferral Restoration Plan

(Effective January 1, 2001)

 

 

 

 

 

Winston & Strawn

Chicago

Heller Financial, Inc. Deferral Restoration Plan

(Effective January 1, 2001)

ARTICLE I

Introduction

          1.1.     Plan. Heller Financial, Inc. (the "Company") hereby establishes the Heller Financial,
Inc. Deferral Restoration Plan (the "Plan"), for the benefit of eligible employees of the Company and those subsidiaries and affiliates of the Company which are participating employers.

          1.2.     Effective Date. The Plan is effective January 1, 2001 (the "Effective Date"). The Plan's
records will be maintained on the basis of a "Plan Year" that is the same as the calendar year.

          1.3.     Employers. The Company is one "Employer" under the Plan. In addition, each subsidiary or
affiliate of the Company that participates in the Heller Financial, Inc. Savings and Profit Sharing Plan (the "401(k) Plan") will be an "Employer" under this Plan, from the date that the subsidiary or affiliate first becomes an
employer under the 401(k) Plan until the date the subsidiary or affiliate ceases to be an employer under the 401(k) Plan. The Company and those subsidiaries and affiliates that participate in the Plan are sometimes referred to collectively as the "
Employers."

          1.4.     Purpose. The Plan is intended to supplement the retirement benefits provided by the 401(k) Plan, by
permitting a select group of management or highly compensated employees to defer amounts they cannot defer under the 401(k) Plan because of the limitations of Sections 401(a)(17), 401(k)(3), 401(m)(2), 402(g) and 415 of the Internal Revenue Code of 1986,
as amended, and the regulations promulgated under it (the "Code"). By supplementing the retirement benefits of certain executives in this way, the Employers hope to be more competitive in attracting and retaining top-quality personnel. The Plan
is also an integral part of the Company's "total compensation" philosophy.

ARTICLE II

Eligibility

          2.1.     Eligibility. Subject to the conditions and limitations of the Plan, all leadership executives
(defined for purposes of the Plan as executives in salary grades 18 and above) of an Employer will be permitted to participate. In addition, other executives of an Employer that the Committee (as hereinafter defined) identifies as eligible will be
permitted to participate. Executives who are permitted to participate are referred to as "Eligible Employees."

          2.2.     Effective Date of Participation; Deferral Agreements. An Eligible Employee becomes a "
Participant" in the Plan on the date his or her first election to participate under this Section 2.2 becomes effective. An Eligible Employee must elect before the beginning of each Plan Year whether to participate for that Plan Year. If an Eligible
Employee elects to participate for a given year, the amount credited to him or her under Section 3.1 will be determined

according to his or her deferral elections under the 401(k) Plan, and will begin, end and vary with his or her deferral election under the 401(k) Plan. Notwithstanding the foregoing, if an individual
becomes an Eligible Employee part-way through a Plan Year, he or she must elect whether or not to participate for the remainder of the Plan Year within thirty days after he or she becomes an Eligible Employee, and his or her election to participate in
this Plan will become effective as soon as practicable after it has been properly made.

          2.3.     Inactive Participation. A Participant becomes an "Inactive Participant" when he or she
ceases to be an Eligible Employee, and continues as an Inactive Participant until he or she has been paid all amounts allocated to his or her account under the Plan. An Inactive Participant has all the Plan rights of other Participants, except the right
to receive allocations of contributions for periods of time after he or she ceased to be an Eligible Employee. The beneficiary of a deceased Participant will be considered an Inactive Participant as to any unpaid accounts of the deceased Participant.

ARTICLE III

CONTRIBUTIONS

          3.1.     Supplemental Pre-tax Salary Deferral Contributions. Each pay period, each Participant will be
credited with a "Supplemental Pre-tax Salary Deferral Contribution" equal to the difference, if any, between: (a) the amount that would have been allocated to him or her for that pay period as a pre-tax salary deferral under the 401(k) Plan if
the limitations of Code Sections 401(a)(17), 401(k)(3), 402(g) and 415 did not exist; and (b) the amount that actually was allocated to him or her for that pay period as a pretax salary deferral under the 401(k) Plan. In addition, each Participant in this
Plan will be deemed to have made an irrevocable election to credit to his or her account for any Plan Year an amount equal to the amount, if any, by which the pretax salary deferrals allocated to him or her under the 401(k) Plan for that Plan Year are
actually reduced in order to ensure that the 401(k) Plan complies with Code Section 401(k)(3).

          3.2.     Supplemental Matching Contributions. As of each January 1 and July 1, each Participant will be
credited with a "Supplemental Matching Contribution" equal to the difference, if any, between: (a) the matching contribution that would have allocated to the Participant under the 401(k) Plan for the six-month period just ended if Code Sections
401(a)(17), 401(m)(2), and 415 did not exist; and (b) the matching contribution actually allocated to the Participant under the 401(k) Plan for the six-month period just ended. In addition, as of the end of each Plan Year, each Participant will be
credited an amount equal to the amount, if any, by which the matching contributions allocated to him or her under the 401(k) Plan for that Plan Year are actually reduced in order to ensure that the 401(k) Plan complies with Code Section 401(m)(2). No
Participant will be entitled to any earnings on any amount allocated under the preceding sentence for any period of time before the amount is actually allocated.

ARTICLE IV

Bookkeeping Accounts

          4.1.     Participant Accounts. All amounts allocated to a Participant per Article III will be credited to
bookkeeping accounts. The Committee, or its delegate, will maintain a "Supplemental Pretax Salary Deferral Account" and a "Supplemental Matching Contributions Account" (together, the "Accounts") for each Participant. Each
such account will reflect the allocations credited to the Participant, together with any deemed interest or income and any deemed expenses, losses or distributions credited to or charged against the allocations, in accordance with the deemed investment
elections the Participant makes and any expenses the Committee or its delegate charges to Participants, per this Article IV. The rules regarding when and how contribution allocations are credited to Accounts will be the same as the rules regarding
allocations of contributions under the 401(k) Plan.

          4.2.     Accounts Fully Vested. Each Participant will at all times be fully vested in his or her Accounts,
as subject to adjustment per Section 4.1.

          4.3.     Investment Elections. The Committee will establish "Investment Funds," which will be two
or more mutual funds or other group investment funds. In addition, the Committee may establish and Investment Fund consisting of the Company's Class A common stock, par value $0.25 (the "Company Stock Fund"). Income, gains, losses, expenses and
distributions will be credited and charged in the manner dictated by each Investment Fund. Any or all of the Investment Funds may use a unit valuation method of accounting. The Committee may, in its sole discretion, from time to designate additional
Investment Funds, or terminate existing Investment Funds.

          At the time he or she begins to participate in the Plan, each Participant must make an investment election. The investment election must
designate the portion of the amounts deferred that will be treated as invested in each available Investment Fund. All Supplemental Matching Contributions credited under the Plan will be deemed to be invested in the Company Stock Fund at all times.

          A Participant's investment election will remain in effect for each allocation credited after the election is effective, until after the
Participant properly submits a request to make a change in his investment election. Except as described below with regard to amounts invested in the Company Stock Fund, a Participant may change his or her investment election as to amounts allocated
following the change in investment election, as to the investment allocation of the Participant's existing Accounts, or as to both matters. Any request to make a change in investment election must be filed or otherwise submitted to the party and in the
form prescribed by the Committee and in the time and manner specified by the Committee. A Participant's initial investment election, or any request to make a change in investment election, will become effective in accordance with rules established by the
Committee and applied uniformly to similarly situated Participants.

          Notwithstanding any other provision of the Plan, any investment election made by a Participant that directs investment into the Company
Stock Fund will be irrevocable. The

 Company reserves the right to impose blackout periods during which no contributions or transfers may be made to the Company Stock Fund.

          4.4.     Company Responsibility for Plan Benefits; Funding. Benefits payable under the Plan to any
Participant will be paid directly by the Company. The Company may, but is not required to, charge each Participant's Plan benefits back to the Participant's Employer, or, if the Participant was employed by more than one Employer during the time he or she
was an active Participant, the Employers who employed the Participant while he or she participated actively in the Plan.. The Company will not be required to fund or otherwise segregate assets to be used to pay Plan benefits. While the Company may, in the
discretion of the Committee, make investments in the mutual funds designated by the Committee as Investment Funds, in amounts that may or may not equal Participants' investment elections under this Plan, it will not be under any obligation to make those
types of investments, and any such investment will remain an asset of the Company, subject to the claims of the Company's general creditors. Notwithstanding the foregoing, the Company may, in the discretion of the Committee, maintain one or more grantor
trusts (each a "Trust") to hold assets to be used to pay Plan benefits. The assets of such a Trust will remain assets of the Company, subject to the claims of its general creditors. Any payments from a Trust of Plan benefits will discharge the
Company of any further liability for those benefits.

ARTICLE V

Payment of Benefits

          5.1.     Election of Distribution Date and Form of Payment. At the time a Participant first elects to
participate actively in the Plan, he or she must select the date as of which payment of his or her Accounts will begin. This date is the Participant's "Distribution Date." At the same time, the Participant must elect whether to receive his or
her Accounts in one lump sum or in installments over five, ten or fifteen years.

          The Distribution Date the Participant specifies in his or her initial election to participate must be:

	          	          (a)     a particular date no earlier than the day after the first anniversary of the date the
Participant files his or her first election to participate in the Plan;

	          	          (b)     the date the Participant terminates employment for any reason with his or her Employer and all of its
affiliates or a particular date coinciding with or next following that date (e.g., "January 1 coinciding with or next following my termination of employment with my employer and all of its affiliates"); or

                    (c)     the earlier of (a) and (b).

The period during which an individual is receiving severance pay will not be considered active employment, and will be considered to be after the individual's termination of employment.

          A Participant may make a one-time election after his or her initial election to change the Distribution Date, or the form in which his or
her Accounts will be paid, or both, but the election

will be effective only if the Committee or its delegate receives it at least one year and one day before the Distribution Date originally elected by the Participant.

          Except as provided in the following sentence, the Distribution Date election and the election the Participant makes as to the form in which
his or her Accounts are to be paid will apply to all amounts credited to him or her under the Plan. If a Participant continues to participate actively in the Plan after the Distribution Date he or she initially elected, the Participant must select a new
Distribution Date and new form of payment. The new election will apply only to amounts deferred by the Participant for calendar years following the year in which the Participant selects the new Distribution Date, and will be treated as the Participant's
initial election as to those amounts.

          5.2.    Time and Method of Payment. A Participant's Accounts will be paid in a single lump sum or installments,
as he or she elects per Section 5.1. If a Participant's Accounts are payable in a single lump sum, the payment will be made as soon as possible following the Participant's Distribution Date, in an amount equal to the value of the Participant's Accounts
determined as short a time as practicable before the Distribution Date. If the Participant's Accounts are to be paid in installments, the Accounts will be paid in installments over the five-, ten- or fifteen-year period he or she elected, with payments
beginning as soon as practicable after the Participant's Distribution Date. Each installment payment will be computed by dividing the amount determined to be credited to the Participant's Accounts as short a time as practicable before the installment
payment is due, by the number of payments then remaining in the installment period.

          5.3.     Payment upon Disability. If a Participant becomes Disabled (as defined in the next sentence) before
his or her Distribution Date, payment of his or her Accounts will be made or begin, in the form of payment elected under Section 5.1, as soon as practicable after the date the Committee determines the Participant is Disabled. A Participant will be deemed
to be "Disabled" if he or she has a physical or mental condition that results from a bodily injury, disease, or mental disorder, and that renders him or her incapable, presumably permanently, of performing his or her normal employment duties.
The Committee will determine, on the basis of the medical and other competent evidence it deems relevant, whether a Participant is Disabled.

          5.4.     Payment upon Death of A Participant. If a Participant dies before he or she has received all or
part of his or her Accounts, the amount remaining to be paid will be paid to the Participant's Beneficiary. Notwithstanding any election by a Participant regarding the timing and manner of payment of his or her Accounts, the Committee will determine in
its sole discretion how and when the Participant's Accounts will be paid to his or her Beneficiary.

          5.5.     Beneficiary. If a Participant is married on the date of his or her death, then his or her
Beneficiary will be his or her spouse. Notwithstanding the foregoing, the Participant may, with the written consent of his or her spouse, name someone other than his or her spouse as a Beneficiary or Beneficiaries. A Beneficiary designation will be
effective only if it is filed with the Committee or other party designated by the Committee, in the form specified by the Committee. A Participant may revoke an existing Beneficiary designation by filing another Beneficiary designation with the Committee.
The latest proper Beneficiary designation received by the Committee will control.

          If a Participant fails to name a Beneficiary or survives all of his or her named Beneficiaries, his or her Accounts will be paid to the
individual or individuals named as his or her beneficiary under the 401(k) Plan, or, if the Participant has not named a beneficiary under the 401(k) Plan, in the following order of precedence:

                    (a)     to the Participant's spouse;

                    (b)     to the Participant's children (including
adopted children), per stirpes; or

                    (c)     to the Participant's estate.

          A married Participant may designate someone other than his or her spouse as Beneficiary of all or part of his or her Accounts only if the
spouse validly consents to the designation. To be valid, a spousal consent:

                    (a)     must be in writing acknowledging the effect of
the consent;

                    (b)     must be witnessed by a notary public;

                    (c)     must be effective only for the spouse who
executes the consent; and

	          	          (d)     must designate a Beneficiary or Beneficiaries who may not be changed by the Participant without the
spouse's consent, unless the Participant names his or her spouse  as sole Beneficiary or the spouse's consent expressly permits the Participant to make further Beneficiary designations without the further consent of the Participant's spouse.

          5.6.     Medium of Payment. Any portion of a Participant's Account that is deemed to be invested in the
Company Stock Fund will be paid in the form of whole shares of Company Stock, with cash paid for fractional shares of Company Stock. All other amounts owing under the Plan will be paid in cash.

          5.7.     Unforeseeable Financial Emergency. If the Committee determines that a Participant has incurred an
Unforeseeable Financial Emergency (as defined below) it will permit the Participant to receive a portion of the amount credited to his or her Supplemental Pretax Salary Deferral Account equal to the amount needed to satisfy the Unforeseeable Financial
Emergency. A Participant may take a "withdrawal" under the preceding sentence only to the extent that the Unforeseeable Financial Emergency cannot be relieved: (a) through reimbursement or compensation by insurance or otherwise; or (b) by
liquidation of the Participant's assets, to the extent liquidation of those assets would not itself cause the Participant severe financial hardship.

An "Unforeseeable Financial Emergency" is a severe financial hardship to the Participant resulting from:

                    (a)     a sudden and unexpected illness or accident of
the Participant or of a dependent of the Participant;

                    (b)     loss of the Participant's property due to
casualty; or

	          	          (c)     other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the
control of the Participant and determined by the Committee to constitute an Unforeseeable Financial Emergency.

Notwithstanding the foregoing, no portion of a Participant's Supplemental Pretax Salary Deferral Account that is "invested" in the Company Stock Fund may be withdrawn under this Section 5.7
under any circumstances. A withdrawal on account of an Unforeseeable Financial Emergency will be paid in cash as soon as possible after the date on which the Committee approves the withdrawal.

          If a Participant meets the conditions necessary to take a withdrawal from the Plan on account of an Unforeseeable Financial Emergency and at
the same time meets the conditions necessary to take a withdrawal on account of unforeseeable Financial Emergency under the Heller Financial, Inc. Executive Deferred Compensation Plan or to take a hardship withdrawal from a 401(k) plan (including the
401(k) Plan), the Participant must take the maximum amount available on account of an Unforeseeable Financial Emergency under the Heller Financial, Inc. Executive Deferred Compensation Plan before his or her application for a distribution under this
Section 5.7 will be considered. If the Participant then still meets the conditions necessary to take both a withdrawal from the Plan on account of an Unforeseeable Financial Emergency and a hardship withdrawal from a 401(k) plan, he or she must take the
maximum amount available from this Plan on account of Unforeseeable Financial Emergency before his or her application for a hardship distribution from 401(k) plan (including the 401(k) Plan) will be considered.

          5.8     Withholding of Taxes The Company will withhold any applicable Federal, state or local income tax
from payments due under the Plan. The Company will also withhold Social Security taxes, including the Medicare portion of those taxes, and any other employment taxes necessary to comply with applicable laws. To the extent that a Participant's Accounts do
not contain sufficient cash to satisfy the applicable taxes, the Company will liquidate shares of Company Stock that may be held for a Participant who directed the investment of all or a portion of his or her Accounts into the Company Stock Fund, and use
the funds obtained to satisfy the taxes.

          5.9     Cashout of Account Balances. Notwithstanding a Participant's election regarding the timing and
manner of payment of his or her Accounts, if a Participant terminates employment with his or her Employer and all of its affiliates, and if the entire value of his or her Accounts is then or later less than $100,000, the Participant's Employer or the
Company may direct that he or she be paid a lump sum distribution of the entire value of his or her Accounts. Also notwithstanding a Participant's election regarding the timing and manner of payment of his or her Accounts, if a Participant terminates
employment with his or her employer and all of its affiliates the Committee may in its sole discretion direct that the Participant be paid the entire value of his or her Accounts in one lump sum, regardless of their size. For purposes of this Section 5.9,
the value of a Participant's Accounts will be determined as of the date of his or her termination of employment, or as of a date as soon thereafter as practicable.

ARTICLE VI

Plan Administration

          6.1.     Administration by the Committee. The Plan will be administered by a committee appointed by the
Compensation Committee of the Board of Directors of the Company (the "Compensation Committee") or, if the Compensation Committee fails to appoint such a committee, by the Compensation Committee. If the Compensation Committee does appoint a
committee to administer the Plan, that committee's members will serve at the pleasure of the Compensation Committee and may be removed, with or without cause, by the Compensation Committee. The committee that administers the Plan is known as the "
Committee." As of the date of adoption of this Plan, the Compensation Committee had appointed the Company's Benefits Committee as the Committee.

          6.2.     Powers and Duties of Committee. The Committee will administer the Plan in accordance with its terms
and has all powers necessary to carry out its provisions. The Committee has the power to interpret the Plan, and will determine all questions arising in the administration, interpretation, and application of the Plan, including but not limited to,
questions of eligibility and the status and rights of employees, Participants and other persons. Any decision of the Committee regarding the Plan will be final and binding on all persons. Benefits under this Plan will be paid only if the Committee or its
representative decides in its discretion that the applicant is entitled to them. All rules and determinations of the Committee will be uniformly and consistently applied to all persons in similar circumstances. To the extent not inconsistent with this
Plan, all provisions set forth in (and promulgated under) the 401(k) Plan regarding the administrative powers and duties of the Committee, expenses of administration, and procedures for filing claims, will also apply to this Plan.

          The Committee may delegate some or all of its authority under the Plan to one or more officers or directors of the Company, and may delegate
administrative responsibilities to one or more employees of the Company, or to one or more outside vendors.

ARTICLE VII

Amendment or Termination

          7.1.     Amendment or Termination. The Company intends the Plan to be permanent but reserves the right to
modify, amend or terminate it at any time, by action of the Board of Directors of the Company or of a person or persons duly authorized by the Board of Directors.

          7.2.     Effect of Amendment or Termination. No amendment or termination of the Plan will reduce or
eliminate any Account accrued through the date of amendment or termination, as adjusted pursuant to Section 4.1. If and when the Plan is terminated, the amounts in each Participant's Accounts will be distributed to him or her or his or her beneficiary, in
the manner and at the time described in Article V. No allocations will be made to any Participant's Account for any period of time after the Plan is terminated, but the Committee will continue to credit gains and losses to Participants' Accounts pursuant
to Article IV, until the Accounts have been fully distributed.

ARTICLE VIII

Miscellaneous

          8.1.     Participant's Rights Unsecured. The Plan will at all times be unfunded. The right of a Participant
or Beneficiary to receive benefits under this Plan will be an unsecured claim against the general assets of his or her Employer, and neither the Participant nor any Beneficiary has any rights in or against any specific assets of the Employers.

          8.2.     Benefit Statements. The Committee or its delegate will provide each Participant and Beneficiary
with a statement of the amounts credited to him or her under the Plan at the same time and in the same manner as the Participant or Beneficiary is provided with a statement of his or her Accounts under the 401(k) Plan.

          8.3.     Employment Rights. The establishment and maintenance of the Plan must not be construed to give any
Eligible Employee the right to be retained in any Employer's service, or to any benefits not specifically provided by the Plan.

          8.4.     Interests Not Transferable. Except as to withholding of any taxes under the laws of the United
States or any state or locality and as to a Participant's ability to name a Beneficiary, no benefit payable at any time under the Plan will be subject in any manner to alienation, sale, transfer, assignment, pledge, attachment or other legal process or
encumbrance of any kind. Any attempt to alienate, sell, transfer, assign, pledge or otherwise encumber any Plan benefits, whether then or later payable, will be void. No person will in any manner be liable for or subject to the debts or liabilities of any
person entitled to those benefits. If any person attempts to, or does, alienate, sell, transfer, assign, pledge or otherwise encumber his or her benefits under the Plan, or if by any reason of his or her bankruptcy or other event's happening at any time,
his or her benefits would devolve upon any other person or would not be enjoyed by the person entitled to them under the Plan, then the Committee, in its discretion, may terminate the interest in those benefits of the person entitled to them under the
Plan and hold or apply them for or to the benefit of the person entitled to them under the Plan or to his or her spouse, children or other dependents, or any of them, in whatever manner the Committee deems proper.

          8.5.     Controlling Law. To the extent it is not preempted by the Employee Retirement Income Security Act
of 1974, as amended, the law of Illinois (other than its choice of law provisions) will control in all matters relating to the Plan.

          8.6.     Incapacity. If any person entitled to benefits under the Plan is deemed to be incapable of
personally receiving and giving a valid receipt for payment of the benefits, then, unless and until a duly appointed guardian or other legal representative of the person makes a claim for the benefits, the Committee or its delegate may pay all or part of
the amount due to any other person or institution then contributing toward or providing for the care and maintenance of the person. A payment made under the previous sentence will completely discharge any liability of the Committee or the Employers
relating to make the payment under the Plan.

          8.7.     Successors. The Plan will be binding upon the successors to the Company and the Employers.

          8.8.     Unclaimed Benefit. If the Committee or its designee is unable to distribute any part of a
Participant's Accounts because it cannot, despite conducting a reasonable search, locate the Participant or his Beneficiary within two years after the date a Plan payment becomes due, the Accounts will be deemed an "unclaimed amount." Unclaimed
amounts will be forfeited, and any forfeiture will reduce the obligations of the Employers under the Plan. After an unclaimed amount has been forfeited, the Participant or Beneficiary, as applicable, will have no further right to his or her Accounts.

          8.9.     Limitations on Liability. Notwithstanding any other provision of the Plan, neither the Committee,
the Employers, nor any individual acting as an employee or agent of the Committee or an Employer, will be liable to any Participant, former Participant, Beneficiary or other person for any claim, loss, liability or expense incurred in connection with the
Plan.

          8.10.   Claims Procedure. A claim for a Plan benefit shall be deemed filed when a written communication is made by a
Participant or Beneficiary, or the authorized representative of either, which is reasonably calculated to bring the claim to the attention of the Committee. If a claim is wholly or partly denied, notice of the denial will be furnished to the claimant in
writing within 90 days after the Committee receives the claim. The notice will set forth, in a manner calculated to be understood by the claimant: (a) the specific reason or reasons for the denial; (b) specific reference to pertinent Plan provisions on
which the denial is based; (c) a description of any additional material or information necessary to perfect the claim and an explanation of why that material or information is necessary; and (d) an explanation of the Plan's claims review procedure. If no
such notice is furnished to the claimant within 90 days after the Committee receives the claim, the claim will be deemed to have been wholly denied.

          Within 90 days after receiving the notice of denial, a claimant may appeal the denial to the Committee for a full and fair review. A request
for review will be deemed filed as of the date the Committee receives it. The claimant or his or her authorized representative will have the right to review all pertinent documents, may submit issues and comments in writing and may do any other
appropriate things the Committee allows. The Committee will make its decision on review no later than 60 days after it receives the request for review, unless special circumstances require an extension of time, in which case the Committee will render its
decision no later than 120 days after it receives the request for review. The decision on review will be final and binding on the claimant.

          8.11.   Gender and Number. Words in the masculine gender include the feminine, words in the plural include the
singular, and words in the singular include the plural, unless the context requires otherwise. Headings are included for reference only, and are not to be construed so as to alter the terms of this Plan.

          8.12.   Indemnification. The Company and each Employer indemnify and hold harmless each member of the Committee, or
any employee of the Company or an Employer, or any individual acting as an employee or agent of either of them (to the extent not indemnified or saved harmless under any liability insurance or any other indemnification arrangement) from any and all
claims, losses, liabilities, costs and expenses (including attorneys' fees) arising out of any actual or alleged act or failure to act made in good faith pursuant to the provisions of the Plan or the Trust, including expenses reasonably incurred in the
defense of any claim relating thereto

with respect to administration of the Plan or the Trust, except that no indemnification or defense will be provided to any person as to any conduct that has been judicially determined, or agreed by
the parties, to have constituted willful misconduct on the part of that person, or to have resulted in his or her receipt of personal profit or advantage to which he or she is not entitled.

          8.13.   Action by the Company. Except as otherwise specifically provided in this document, any action required of or
permitted to be taken by the Company under the Plan must be taken by resolution of the Board of Directors of the Company, by action of the Committee or of a member of the Committee, or by a person or persons or committee authorized by resolution of the
Board of Directors of the Company or the Committee.

          8.14.   Voting Company Stock. Any Participant that has directed or directs the deemed investment of any part of his or
her Accounts into the Company Stock Fund will have the right to direct the voting of shares of Company Stock allocated to his or her Accounts, according to the procedures and deadlines established by the Committee or its delegate.

          Executed in multiple originals this _____ day of __________________, 2000.

	 	Heller Financial, Inc.
	 	 
	 	By:	____________________________
	 	Title:	____________________________<PAGE>

                       2000A AMENDMENT TO LOAN DOCUMENTS
                       ---------------------------------

     THIS 2000A AMENDMENT TO LOAN DOCUMENTS (this "Amendment"), is made and
entered into as of the 9th day of November, 2000, by and among (i) BANK ONE,
KENTUCKY, NA, a national banking association with an office and place of
business in Louisville, Kentucky ("the Agent Bank") (Bank One, Kentucky, NA may
also be referred to as a "Bank"); (ii) the BANKS identified on Schedule 1.1
                                                               ------------
hereto (each a "Bank" and collectively, the "Banks"); (iii) SYPRIS SOLUTIONS,
INC., a Delaware corporation with its principal office and place of business and
registered office in Louisville, Jefferson County, Kentucky (the "Borrower") and
(iv) the GUARANTORS identified on Schedule 1.2 hereto (each a "Guarantor" and
                                  ------------
collectively, the "Guarantors").

                   P R E L I M I N A R Y   S T A T E M E N T:
                   ---------------------   -----------------

     A.    Certain of the Guarantors and their Affiliate entered into a Loan
Agreement dated as of March 21, 1997 with the Agent Bank (the "Original Loan
Agreement"), whereby the Agent Bank has extended in favor of the Guarantors a
revolving line of credit in the amount of $20,000,000, a term loan in the amount
of $10,000,000 and a swing line of credit subfacility in the amount of
$5,000,000.

     B.    The predecessors to the Borrower and certain of the Guarantors
entered into a 1997A Amended and Restated Loan Agreement dated as of November 1,
1997 with the Agent Bank (the "1997A Loan Agreement"), whereby the Agent Bank
increased the revolving line of credit to $30,000,000 and the term loan to
$15,000,000 and provided the swing line of credit subfacility in the amount of
$5,000,000. The 1997A Loan Agreement was subsequently amended by, among other
amendments, the 1998B Amendment to Loan Documents.

     C.    The Borrower, the Guarantors, the Agent Banks and the Banks entered
into the 1999 Amended and Restated Loan Agreement dated as of October 27, 1999
(the "Loan Agreement"), which amended, restated and replaced the Original Loan
Agreement and the 1997A Loan Agreement, as amended.  The Loan Agreement provides
for (i) a revolving line of credit in the amount of $100,000,000, (ii) a swing
line subfacility of $5,000,000 and (iii) a letter of credit subfacility of
$15,000,000.

     D.    The Borrower and the Guarantors wish to amend the Loan Agreement, the
Negative Pledge Agreement and other Loan Documents to (i) change certain
financial covenants and (ii) make certain other changes set forth herein.  Terms
not defined herein shall have the meanings set forth in the Loan Agreement.

     E.    The Banks are agreeable to the foregoing changes, on the terms set
forth herein.

     NOW, THEREFORE, in consideration of the premises and the mutual covenants
and agreements set forth herein and for other good and valuable consideration,
the mutuality, receipt and sufficiency of which are hereby acknowledged, the
parties hereto hereby agree as follows:

     1.    AMENDMENTS TO LOAN AGREEMENT.
           ----------------------------

           A.    The following definition in the Definitions section of the Loan
Agreement is amended and restated:

     1.74 "Pricing Level" means, for any Pricing Period, Pricing Level I,
     Pricing Level II, Pricing Level III, Pricing Level IV, Pricing Level V,
     Pricing Level VI or Pricing Level VII, as may be in effect for such Pricing
     Period; provided that, the Default Rate shall be in effect upon the
             --------
     occurrence and during the continuation of any Event of Default.

           B.    The following definitions are added to the Definitions section
of the Loan Agreement:

     1.107 "Applicable Base Rate Margin" means the applicable per annum
     percentage set forth in the table appearing in Section 2.2A hereof, with
     respect to Base Rate Loans.

<PAGE>

         1.108  "Operating Lease Obligations" means the present value of all
         minimum lease payments with respect to operating leases for factory
         equipment entered into by Borrower since September 15, 2000. The
         discount factor to be used in calculating the present value set forth
         in the preceding sentence is the interest rate in effect with respect
         to the Revolving Credit Facility at the inception of any such leases.
         The term "Operating Lease Obligations" excludes obligations with
         respect to (i) capital leases which are properly classified as a
         liability on a balance sheet in conformity with GAAP and (ii) that
         portion of obligations with respect to Synthetic Leases which is not
         classified as a liability on a balance sheet in conformity with GAAP
         (which obligations are encompassed within the definition of "Funded
         Debt" and "Adjusted Funded Debt").

         1.109  "Pricing Level VI" means the Pricing Level that will be in
         effect for the applicable Pricing Period if, as of the relevant Date of
         Determination, the ratio of the Borrower's Adjusted Funded Debt as
         measured on such Date of Determination, to the Borrower's EBITDA as
         measured on such Date of Determination, is equal to or greater than
         3.01 to 1.00 but is less than or equal to 3.25 to 1.00.

         1.110  "Pricing Level VII" means the Pricing Level that will be in
         effect for the applicable Pricing Period if, as of the relevant Date of
         Determination, the ratio of the Borrower's Adjusted Funded Debt as
         measured on such Date of Determination, to the Borrower's EBITDA as
         measured on such Date of Determination, is equal to or greater than
         3.26 to 1.00 but is less than or equal to 3.50 to 1.00.

                C.  Section 2.2A Rates of Interest. The first paragraph of
Section 2.2A is hereby amended to replace the words "Base Rate" with "Base Rate
plus the Applicable Base Rate Margin" wherever those words appear. The phrase
set forth in (i) of the second paragraph of Section 2.2A is amended and restated
as follows: "(i) if a Base Rate Loan, at a rate equal to the sum of the Base
Rate plus the Applicable Base Rate Margin" and the following table is
substituted for the existing table in Section 2.2A(ii):

<TABLE>
<CAPTION>
--------------------------   ------------------------------   ---------------------   --------------------
                                       Adjusted Funded             Applicable              Applicable
        Pricing Level                  Debt to EBITDA            LIBOR Margin          Base Rate Margin
        -------------                  --------------            ------------          ----------------
--------------------------   ------------------------------   ---------------------   --------------------
<S>                          <C>                              <C>                     <C>
     Pricing Level I             * 0.00, but ** 1.24                    1.00%                    0.00%
--------------------------   ------------------------------   ---------------------   --------------------
     Pricing Level II            * 1.25, but ** 1.74                    1.25                     0.00
--------------------------   ------------------------------   ---------------------   --------------------
     Pricing Level III           * 1.75, but ** 2.24                    1.50                     0.00
--------------------------   ------------------------------   ---------------------   --------------------
     Pricing Level IV            * 2.25, but ** 2.50                    1.75                     0.00
--------------------------   ------------------------------   ---------------------   --------------------
     Pricing Level V             * 2.51, but ** 3.00                    2.00                     0.00
--------------------------   ------------------------------   ---------------------   --------------------
     Pricing Level VI            * 3.01, but ** 3.25                    2.50                     0.25
--------------------------   ------------------------------   ---------------------   --------------------
     Pricing Level VII           * 3.26, but ** 3.50                    2.75                     0.50
--------------------------   ------------------------------   ---------------------   --------------------
</TABLE>

                D.  Section 2.3A Commitment Fees. The following table is
substituted for the existing table in Section 2.3A(i):

<TABLE>
<CAPTION>
-----------------------------  ----------------------------  --------------------------------
                                          Adjusted Funded                  Applicable
          Pricing Level                   Debt to EBITDA         Commitment Fee Percentage
          -------------                   --------------         -------------------------
-----------------------------  ----------------------------  --------------------------------
<S>                                 <C>                          <C>
     Pricing Level I                * 0.00, but ** 1.24                               .20%
-----------------------------  ----------------------------  --------------------------------
     Pricing Level II               * 1.25, but ** 1.74                               .20
-----------------------------  ----------------------------  --------------------------------
     Pricing Level III              * 1.75, but ** 2.24                               .25
-----------------------------  ----------------------------  --------------------------------
     Pricing Level IV               * 2.25, but ** 2.50                               .25
-----------------------------  ----------------------------  --------------------------------
     Pricing Level V                * 2.51, but ** 3.00                               .25
-----------------------------  ----------------------------  --------------------------------
     Pricing Level VI               * 3.01, but ** 3.25                               .30
-----------------------------  ----------------------------  --------------------------------
     Pricing Level VII              * 3.26, but ** 3.50                               .30
-----------------------------  ----------------------------  --------------------------------
</TABLE>

*  Greater than or equal to.
** Less than or equal to.

                                       2
<PAGE>

               E.    Section 2.7 Letters of Credit. The following table is
                                 -----------------
substituted for the existing table in Section 2.7F(i):

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------
                                          Adjusted Funded               Applicable
          Pricing Level                    Debt to EBITDA            Letter of Credit Percentage
          -------------                    --------------            ---------------------------
--------------------------------------------------------------------------------------------------
<S>                                 <C>                          <C>
     Pricing Level I                * 0.00, but ** 1.24                                 1.00%
--------------------------------------------------------------------------------------------------
     Pricing Level II               * 1.25, but ** 1.74                                  1.25
--------------------------------------------------------------------------------------------------
     Pricing Level III              * 1.75, but ** 2.24                                  1.50
--------------------------------------------------------------------------------------------------
     Pricing Level IV               * 2.25, but ** 2.50                                  1.75
--------------------------------------------------------------------------------------------------
     Pricing Level V                * 2.51, but ** 3.00                                  2.00
--------------------------------------------------------------------------------------------------
     Pricing Level VI               * 3.01, but ** 3.25                                  2.50
--------------------------------------------------------------------------------------------------
     Pricing Level VII              * 3.26, but ** 3.50                                  2.75
--------------------------------------------------------------------------------------------------
</TABLE>

     Additionally, the references to the "Base Rate" in Section 2.7F(ii) and in
the last paragraph of Section 2.7J are hereby changed to "Base Rate plus the
Applicable Base Rate Margin."

               F.    Section 7.1 Mergers, Acquisitions and Other Extraordinary
                                 ---------------------------------------------
Events. Section 7.1 is hereby amended and restated as follows:
------

               7.1   Mergers, Acquisitions and Other Extraordinary Events.
                     ----------------------------------------------------
     Without the prior written consent of the Agent Bank, which shall not be
     unreasonably withheld or delayed, the Borrower and the Guarantors shall
     not:

               A.    Be a party to any consolidation, reorganization (including
     without limitation those types referred to in Section 368 of the United
     States Internal Revenue Code of 1986, as amended), recapitalization,
     "stock-swap" or merger; or

               B.    Sell or otherwise transfer any material part (10% or more)
     of their assets; or

               C.    Allow a Change in Control to occur with respect to the
     Borrower; or

               D.    Liquidate or dissolve or take any action with a view toward
     liquidation or dissolution; or

               E.    Purchase all or a substantial part of the capital stock or
     assets of any corporation or other business enterprise if (i) such purchase
     involves consideration, including assumption of Funded Debt, in excess of
     Ten Million Dollars ($10,000,000) for any single transaction or (ii) such
     purchase, when combined with other such transactions occurring in the same
     Fiscal Year, involves consideration, including assumption of liabilities,
     in excess of Twenty Million Dollars ($20,000,000) in the aggregate;
     provided, however, that the Borrower shall be required to obtain the prior
     --------  -------
     written consent of the Majority Banks for any single purchase in excess of
     Two Million Dollars ($2,000,000) and any purchases occurring in a Fiscal
     Year in excess of Five Million Dollars (5,000,000) in the aggregate until
     such time as (i) the Borrower's Net Worth is greater than $70,000,000, (ii)
     the Fixed Charge Coverage ratio calculated pursuant to Section 7.6 hereof
     is greater than 2.25 to 1.00 and (iii) the ratio of Adjusted Funded Debt to
     EBITDA calculated pursuant to Section 7.7 hereof is equal to or less than
     3.00 to 1.00.

     An acquisition that can be accomplished without violating Section 7.1E or
     that has been consented to in writing by the Majority Banks as defined in
     Section 15.10 pursuant to this Section 7.1 shall be known as a "Permitted
     Acquisition."

               G.    Section 7.4 Mortgages, Liens, Encumbrances, Security
                                 ----------------------------------------
Interests, Assignments, etc. Section 7.4 is hereby amended and restated as
---------------------------
follows:

*  Greater than or equal to.
** Less than or equal to.

                                       3
<PAGE>

               7.4   Mortgages, Liens, Encumbrances, Security Interests,
                     ---------------------------------------------------
     Assignments, etc. The Borrower and the Guarantors will not, without the
     ----------------
     prior written consent of the Agent Bank, directly or indirectly create,
     incur, assume or permit to continue in existence any mortgage, lien, charge
     or encumbrance on, or security interest in, or pledge or deposit of, or
     conditional sale or other title retention agreement (including any lease
     which would constitute Funded Debt or which would constitute Operating
     Lease Obligations), or assignment of, with respect to, any property or
     asset now owned or hereafter acquired by the Borrower and the Guarantors;
     provided, however, that the restrictions in this Section 7.4 shall not
     prohibit:

                     A.  Liens on assets as of the Closing Date and which have
     been disclosed to Agent Bank in Schedule 7.4 hereto or secure a debt in an
                                     ------------
     amount less than $100,000;

                     B.  Liens on assets acquired by the Borrower or any
     Guarantor in a Permitted Acquisition (as defined in Section 7.1 hereof);

                     C.   Entering into leases of equipment (other than leases
     of equipment permitted under 7.4A and 7.4B), so long as the aggregate
     present value (calculated using a discount factor equal to the one
     described in Section 1.107 hereof) of minimum lease payments with respect
     to such leases does not exceed $23,000,000; provided, however, that the
     Borrower and the Guarantors may enter into leases with an aggregate present
     value (calculated using a discount factor equal to the one described in
     Section 1.107 hereof) of minimum lease payments in excess of $23,000,000 if
     (i) the Borrower's Net Worth is greater than $70,000,000, (ii) the Fixed
     Charge Coverage ratio calculated pursuant to Section 7.6 hereof is greater
     than 2.25 to 1.00 and (iii) (a) the ratio of Adjusted Funded Debt plus
     Operating Lease Obligations to EBITDA calculated pursuant to Section 7.7
     hereof is equal to or less than 3.00 to 1.00 and (b) the incurring of such
     additional leasing obligations will not cause the ratio of Adjusted Funded
     Debt plus Operating Lease Obligations to EBITDA to exceed 3.00 to 1.00;

                     D.  Liens for taxes, assessments or governmental charges
     not yet due and payable or the payment of which is not at the time required
     for the reasons set forth by the proviso to the first sentence of Section
     6.2A; and

                     E.  Liens incurred or deposits made in the ordinary course
     of business in connection with worker's compensation, unemployment
     insurance and other types of social security or to secure the performance
     of tenders, statutory obligations, surety and appeal bonds, bids, leases,
     performance and return of money bonds and other similar obligations
     (exclusive of obligations for the payment of borrowed money) for sums not
     yet due or being contested in good faith and by appropriate proceedings
     promptly initiated and diligently conducted, if such reserve or other
     appropriate provision, if any, as shall be required by GAAP shall have been
     made therefor.

                     H.  Section 7.6 Fixed Charge Coverage Ratio. Section 7.6 is
                                     ---------------------------
hereby amended and restated as follows:

     7.6  Fixed Charge Coverage Ratio.  The Borrower shall not permit the Fixed
          ---------------------------
     Charge Coverage Ratio for any period of four consecutive Fiscal Quarters,
     to fall below the following applicable ratio calculated as of the end of
     the applicable Fiscal Quarter set forth below:

              Fiscal Quarter Ending               Applicable Minimum Ratio
              ---------------------               ------------------------

              12/31/00, 3/31/01 and 6/30/01              1.35 to 1.00
              9/30/01 and 12/31/01                       1.50 to 1.00
              3/31/02 and 6/30/02                        2.00 to 1.00
              9/30/02, 12/31/02, 3/31/03
              6/30/03, 9/30/03 and 12/31/03              2.25 to 1.00
              3/31/04 and thereafter                     2.50 to 1.00

                                       4
<PAGE>

          I.   Section 7.7 Ratio of Adjusted Funded Debt to EBITDA. Section 7.7
                           ---------------------------------------
is hereby amended and restated as follows:

          7.7  Ratio of Adjusted Funded Debt to EBITDA. The Borrower shall not
               ---------------------------------------
permit the ratio of Adjusted Funded Debt to EBITDA for any period of four
consecutive Fiscal Quarters, to exceed the following applicable ratio calculated
as of the end of the applicable Fiscal Quarter set forth below:

               Fiscal Quarter Ending         Applicable Maximum Ratio
               ---------------------         ------------------------

               12/31/00, 3/31/01, 6/30/01
               and 9/30/01                           3.50 to 1.00
               12/31/01 and thereafter               3.00 to 1.00

          J.   Compliance Certificate. The Compliance Certificate, attached to
               ----------------------
the Loan Agreement as Exhibit G, is replaced in its entirety by Exhibit G
hereto.

          K.   Ratification.  Except as specifically amended by the provisions
               ------------
hereinabove, the Loan Agreement remains in full, force and effect.  The Borrower
and Guarantors hereby reaffirm and ratify all of their obligations under the
Loan Agreement, as amended and modified hereby.

     2.   AMENDMENT OF NEGATIVE PLEDGE AGREEMENT. The Negative Pledge Agreement
          --------------------------------------
is hereby amended as follows:

          A.   Section 3. Section 3 is amended and restated in its entirety as
          follows:

     3.   Exceptions to Negative Pledge. The Borrower and Guarantors may have or
          -----------------------------
allow to exist the following without violating the negative pledge of Collateral
set forth in Section 2 hereof:

          A.   Liens on assets as of the Closing Date and which have been
          disclosed to Agent Bank in Schedule 7.4 to the Loan Agreement or
                                     ------------
          secure a debt in an amount less than $100,000;

          B.   Liens on assets acquired by the Borrower or any Guarantor in a
          Permitted Acquisition (as defined in Section 7.1 of the Loan
          Agreement);

          C.   Leases of equipment (other than leases of equipment permitted
          under 7.4A and 7.4B of the Loan Agreement) so long as the aggregate
          present value (calculated using a discount factor equal to the one
          described in Section 1.107 of the Loan Agreement) of minimum lease
          payments under such leases does not exceed $23,000,000; provided,
          however, that the Borrower and the Guarantors may enter into leases
          with an aggregate present value (calculated using a discount factor
          equal to the one described in Section 1.107 of the Loan Agreement) of
          minimum lease payments in excess of $23,000,000 if (i) the Borrower's
          Net Worth is greater than $70,000,000, (ii) the Fixed Charge Coverage
          ratio calculated pursuant to Section 7.6 of the Loan Agreement is
          greater than 2.25 to 1.00 and (iii) (a) the ratio of Adjusted Funded
          Debt plus Operating Lease Obligations to EBITDA calculated pursuant to
          Section 7.7 of the Loan Agreement is equal to or less than 3.00 to
          1.00 and (b) the incurring of such additional leasing obligations will
          not cause the ratio of Adjusted Funded Debt plus Operating Lease
          Obligations to EBITDA to exceed 3.00 to 1.00.

          D.   Liens for taxes, assessments or governmental charges not yet due
          and payable or the payment of which is not at the time required for
          the reasons set forth by the proviso to the first sentence of Section
          6.2A of the Loan Agreement; and

                                       5
<PAGE>

          E.   Liens or deposits made in the ordinary course of business in
          connection with worker's compensation, unemployment insurance and
          other types of social security or to secure the performance of
          tenders, statutory obligations, surety and appeal bonds, bids, leases,
          performance and return of money bonds and other similar obligations
          (exclusive of obligations for the payment of borrowed money) for sums
          not yet due or being contested in good faith and by appropriate
          proceedings promptly initiated and diligently conducted, if such
          reserve or other appropriate provision, if any, as shall be required
          by GAAP shall have been made therefor.

          B.  Ratification.  Except as specifically amended by the provisions
              ------------
hereinabove, the Negative Pledge Agreement remains in full force and effect. The
Borrower and Guarantors hereby reaffirm and ratify all of their obligations
under the Negative Pledge Agreement, as amended and modified hereby.

     3.   OTHER LOAN DOCUMENTS. Except as specifically amended by the provisions
          --------------------
hereinabove, the Loan Documents remain in full force and effect. The Borrower
and Guarantors reaffirm and ratify their respective obligations, as applicable,
to Agent Bank and the Banks under all of the Loan Documents, as amended and
modified hereby, including, but not limited to, the Loan Agreement, the
Revolving Credit Notes, the Negative Pledge Agreement, the Guaranty Agreements,
any Interest Rate Agreement and all other agreements, documents and instruments
now or hereafter evidencing and/or pertaining to the Loan Agreement.

     4.   CONDITIONS PRECEDENT.  The Banks' obligations under this Amendment are
          --------------------
expressly conditioned upon, and subject to the following:

          A.  The execution and delivery by the Borrower and the Guarantors of
this Amendment;

          B.  Delivery to the Agent Bank of a copy of the certificate of the
corporate secretary of Borrower certifying resolutions of the Borrower's board
of directors to the effect that execution, delivery and performance of this
Amendment has been duly authorized and as to the incumbency of those authorized
to execute and deliver this Amendment and all other documents to be executed in
connection herewith;

          C.  Delivery to the Agent Bank of a copy of the certificate of the
corporate secretary of each Guarantor certifying resolutions of such Guarantor's
board of directors to the effect that execution, delivery and performance of
this Amendment has been duly authorized and as to the incumbency of those
authorized to execute and deliver this Amendment and all other documents to be
executed in connection herewith;

          D.  The representations and warranties of the Borrower and the
Guarantors in this Amendment shall be true and accurate in all respects.

          E.  Delivery of an opinion of counsel to Borrower and the Guarantors,
satisfactory to the Agent Bank.

     5.   REPRESENTATIONS, WARRANTIES, AND COVENANTS OF THE BORROWER. To induce
          ----------------------------------------------------------
the Agent Bank and the Banks to enter into this Amendment, the Borrower
represents and warrants to Agent Bank and the Banks as follows:

          A.  The Borrower has full power, authority, and capacity to enter into
this Amendment, and this Amendment constitutes the legal, valid and binding
obligation of the Borrower, enforceable against it in accordance with its terms.

          B.  No uncured Event of Default under the Notes or any of the other
Loan Documents has occurred which continues unwaived by the Agent Bank, and no
event which with the

                                       6
<PAGE>

passage of time, the giving of notice or both would constitute an Event of
Default, exists as of the date hereof.

          C.  The person executing this Amendment on behalf of the Borrower is
duly authorized to do so.

          D.  The representations and warranties made by the Borrower in any of
the Loan Documents are hereby remade and restated as of the date hereof.

          E.  Except as previously disclosed to the Agent Bank, there are no
material actions, suits, legal, equitable, arbitration or administrative
proceedings pending or threatened against the Borrower, the adverse
determination of which could have a material adverse effect on the Loan
Documents, the business operations or financial condition of the Borrower or the
ability of the Borrower to fulfill its obligations under the Loan Documents.

     6.   REPRESENTATIONS, WARRANTIES, AND COVENANTS OF THE GUARANTORS. To
          ------------------------------------------------------------
induce the Agent Bank and the Banks to enter into this Amendment, the Guarantors
represent and warrant to the Agent Bank and the Banks as follows:

          A.  Each Guarantor has full power, authority, and capacity to enter
into this Amendment, and this Amendment constitutes the legal, valid and binding
obligations of such Guarantor, enforceable against it in accordance with its
terms.

          B.  The person executing this Amendment on behalf of each Guarantor is
duly authorized to do so.

          C.  The representations and warranties made by each Guarantor in any
of the Loan Documents are hereby remade and restated as of the date hereof.

          D.  Except as previously disclosed to the Agent Bank there are no
material actions, suits, legal, equitable, arbitration or administrative
proceedings pending or threatened against any Guarantor, the adverse
determination of which could have a material adverse effect on the Loan
Documents, the business operations or financial condition of any Guarantor or
the ability of any Guarantor to fulfill its obligations under the Guaranty
Agreement.

     7.   MISCELLANEOUS.
          -------------

          A.  Amendment Fees. The Borrower shall pay to the Agent Bank for the
              --------------
benefit of the Banks in proportion to their respective Revolving Credit Facility
Pro Rata Shares on the date hereof, an amendment fee equal to one eighth of one
percent (0.125%) of the Revolving Loan Commitments.

          B.  Fixed Charge Coverage Ratio Fee. The Borrower shall pay to the
              -------------------------------
Agent Bank, at the time the applicable Compliance Certificate is delivered to
the Agent Bank, for the benefit of the Banks in proportion to their respective
Revolving Credit Facility Pro Rata Shares on the date hereof, a fee equal to one
sixteenth of one percent (0.0625%) of the Revolving Loan Commitments, if and to
the extent that the Fixed Charge Coverage Ratio is less than 2.25 to 1.00 on
December 31, 2001.

          C.  Illegality.  In case any one or more of the provisions contained
              ----------
in this Amendment should be invalid, illegal or unenforceable in any respect,
the validity, legality and enforceability of the remaining provisions contained
herein shall not in any way be affected or impaired thereby.

          D.  Changes in Writing. No modification, amendment or waiver of any
              ------------------
provision of this Amendment nor consent to any departure by the Borrower or any
of the Guarantors therefrom, will in any event be effective unless the same is
in writing and signed by the Agent Bank, and then such waiver or consent shall
be effective only in the specific instance and for the purpose for which given.

                                       7
<PAGE>

          E.  Successors and Assigns. This Amendment will be binding upon and
              ----------------------
inure to the benefit of the Borrower, the Guarantors, the Agent Bank and the
Banks and their respective heirs, executors, administrators, successors and
assigns; provided, however, that neither the Borrower nor the Guarantors may
         --------  -------
assign this Amendment in whole or in part without the prior written consent of
the Agent Bank, and the Agent Bank and the Banks at any time may assign this
Amendment in whole or in part, as provided in Section 11 of the Loan Agreement.

          F.  Counterparts. This Amendment may be signed in any number of
              ------------
counterpart copies and by the parties hereto on separate counterparts, but all
such copies shall constitute one and the same instrument.

     IN WITNESS WHEREOF, the Agent Bank, each Bank, the Borrower and each
Guarantor has caused this Amendment to be duly executed as of the day and year
first above written.

                                     BANK ONE, KENTUCKY, NA, as Agent
                                     Bank ("the Agent Bank")

                                     /s/ Todd D. Munson
                                     _________________________________________
                                     By: Todd D. Munson, Senior Vice President

                                     BANK ONE, KENTUCKY, NA
                                     as a Bank

                                     /s/ Todd D. Munson
                                     _________________________________________
                                     By: Todd D. Munson, Senior Vice President

                                     BANK OF AMERICA, N.A.
                                     as a Bank

                                     /s/ Bryan Hulker
                                     _________________________________________
                                     By: Bryan Hulker, Senior Vice President

                                     LASALLE BANK NATIONAL ASSOCIATION
                                     as a Bank

                                     /s/ Mark Mital
                                     _________________________________________
                                     By: Mark Mital

                                     SUNTRUST BANK
                                     as a Bank

                                     /s/ Scott Corley
                                     _________________________________________
                                     By: Scott Corley, Director

                                       8
<PAGE>

                                     SYPRIS SOLUTIONS, INC. (the "Borrower")

                                     /s/ David D. Johnson
                                     _________________________________________
                                     By:  David D. Johnson, Vice President

                                     BELL TECHNOLOGIES, INC.
                                     ("Bell")(as a "Guarantor" and solely with
                                     respect to Sections 6 and 7 of the Loan
                                     Agreement)

                                     /s/ David D. Johnson
                                     _________________________________________
                                     By:  David D. Johnson, Treasurer

                                     TUBE TURNS TECHNOLOGIES, INC.
                                     ("TT")(as a "Guarantor" and solely with
                                     respect to Sections 6 and 7 of the Loan
                                     Agreement)

                                     /s/ David D. Johnson
                                     _________________________________________
                                     By: David D. Johnson, Treasurer

                                     GROUP  TECHNOLOGIES
                                     CORPORATION
                                     ("Group")(as a "Guarantor" and solely with
                                     respect to Sections 6 and 7 of the Loan
                                     Agreement)

                                     /s/ David D. Johnson
                                     _________________________________________
                                     By: David D. Johnson, Treasurer

                                     METRUM-DATATAPE, INC.
                                     ("MD")(as a "Guarantor" and solely with
                                     respect to Sections 6 and 7 of the Loan
                                     Agreement)

                                     /s/ David D. Johnson
                                     _________________________________________
                                     By: David D. Johnson, Treasurer

                                       9

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