Document:

<PAGE>
                                                                    EXHIBIT 10.2

                               PURCHASE AGREEMENT

         This Purchase Agreement (this "Agreement"), dated as of April 22, 2002,
is by and among Cohen & Steers Capital Management, Inc. ("Cohen & Steers"), the
client accounts of Cohen & Steers, as set forth on Schedule A (each a
"PURCHASER" and collectively the "PURCHASERS"), and Crescent Real Estate
Equities Company (the "SELLER").

         WHEREAS, the PURCHASERS, desire to purchase from SELLER, and SELLER
desires to issue and sell to PURCHASERS, in the aggregate 2,800,000 shares of
its 6 3/4% Series A Preferred Shares of beneficial interest, par value $.01 per
share (the "Shares"), with the number of Shares acquired by each PURCHASER set
forth on Schedule A.

         NOW, THEREFORE, in consideration of the mutual promises herein
contained, the parties hereto agree as follows:

         1. Purchase and Sale. Subject to the terms and conditions hereof, the
PURCHASERS hereby agree to purchase from SELLER, and SELLER agrees to issue and
sell to PURCHASERS, the Shares at a price per share of $18.00 for an aggregate
purchase amount of $50,400,000 (the "Purchase Price").

         2. Representations and Warranties of PURCHASER. Each PURCHASER
represents and warrants that:

                  (a) Due Authorization. The PURCHASER is duly authorized to
         purchase the Shares. This Agreement has been duly authorized, executed
         and delivered by the PURCHASER and constitutes a legal, valid and
         binding agreement of the PURCHASER or of Cohen & Steers on behalf of
         the Purchaser, enforceable against the PURCHASER in accordance with its
         terms except as may be limited by (i) the effect of bankruptcy,
         insolvency, reorganization, moratorium or other similar laws relating
         to or affecting the rights or remedies of creditors or (ii) the effect
         of general principles of equity, whether enforcement is considered in a
         proceeding in equity or at law and the discretion of the court before
         which any proceeding therefor may be brought.

                  (b) Not a Party in Interest; Disqualified Person. With respect
         to SELLER, PURCHASER is not a "party in interest" as such phrase is
         used in the Employee Retirement Income Security Act of 1974, as amended
         ("ERISA"), or a "disqualified person" as such phrase is used in the
         Internal Revenue Code of 1986, as amended ("Code").

<PAGE>

                  (c) Not a Prohibited Transaction. The purchase of the Shares
         from SELLER will not give rise to a nonexempt "prohibited transaction"
         under ERISA or the Code.

         3. Representations and Warranties of SELLER. SELLER represents and
warrants that:

                  (a) Due Authorization. This Agreement has been duly
         authorized, executed and delivered by SELLER and constitutes a legal,
         valid and binding agreement of SELLER, enforceable against SELLER in
         accordance with its terms except as may be limited by (i) the effect of
         bankruptcy, insolvency, reorganization, moratorium or other similar
         laws relating to or affecting the rights or remedies of creditors or
         (ii) the effect of general principles of equity, whether enforcement is
         considered in a proceeding in equity or at law and the discretion of
         the court before which any proceeding therefor may be brought.

                  (b) Organization and Authority. SELLER has been duly formed as
         a real estate investment trust under the laws of Texas, with full power
         and authority to own or lease and occupy its properties and conduct its
         business as described in the Prospectus. According to the County Clerk
         of Tarrant County, Texas, the Restated Declaration of Trust of the
         Company is recorded in Volume 12645, beginning at Page 1811, in the
         records of the County Clerk and the Articles of Amendment to the
         Restated Declaration of Trust, as amended, is recorded in Volume 15194,
         beginning at Page 311, in the records of the County Clerk. The Restated
         Declaration of Trust, as amended, is in effect, and no dissolution,
         revocation or forfeiture proceedings regarding the Company have been
         commenced.

                  (c) Issuance of the Shares. The Shares have been duly and
         validly authorized and, when issued and delivered pursuant to this
         Agreement, will be fully paid and nonassessable and will be listed,
         subject to notice of issuance, on the New York Stock Exchange effective
         as of the Closing (as defined in Paragraph 6 of this Agreement).

                  (d) Absence of Conflicts. The execution, delivery and
         performance of this Agreement and the consummation of transactions
         contemplated herein do not and will not result in the creation or
         imposition of any lien, charge or encumbrance upon any property or
         assets of the SELLER.

         4. Representation and Warranty of Cohen & Steers. Cohen & Steers hereby
represents and warrants that it has been duly authorized to act as investment
adviser on behalf of each PURCHASER, and that it has the power and authority to
enter into this Agreement on behalf of each PURCHASER.

                                       2
<PAGE>

         5. Conditions to Obligations of the Parties. As a condition to Closing,
each of the representations and warranties of the parties hereto shall be true
and correct in all respects. As a condition to Cohen & Steers' and the
PURCHASERS' obligations at Closing, at Closing, Cohen & Steers and the
PURCHASERS shall have received (i) the favorable opinion of counsel to the
SELLER, dated as of the Closing, to the effect as set forth in Annex A & Annex B
to the Placement Agency Agreement between the Placement Agent (as defined
therein) and SELLER, dated as of April 22, 2002, and (ii) a copy of SELLER's
Prospectus and Prospectus Supplement each dated April 22, 2002 (collectively,
the "Prospectus").

         6. Closing. The transactions contemplated hereby shall be consummated
on April 26, 2002 (such time and date of payment and delivery being herein
called the "Closing"). At the Closing, settlement shall occur through Merrill
Lynch & Co., Inc., or an affiliate thereof, on a delivery versus payment basis
through the DTC ID System.

         7. Governing Law. This Agreement shall be construed in accordance with
and governed by the substantive laws of the State of New York.

         8. Entire Agreement. This Agreement constitutes the entire agreement
between the parties hereto with respect to the subject matter hereof and may be
amended only in a writing that is executed by each of the parties hereto.

         9. Counterparts. This Agreement may be executed in separate
counterparts, each of which shall be deemed an original, and all of which
together shall be deemed to constitute one and the same instrument.

                                       3
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed and delivered as of the date first above written.

                  CRESCENT REAL ESTATE EQUITIES COMPANY

                  By: /s/ Jerry R. Crenshaw, Jr.
                      -----------------------------------
                      Name: Jerry R. Crenshaw, Jr.
                      Title: Senior Vice President and Chief Financial Officer

                  COHEN & STEERS CAPITAL MANAGEMENT, INC., on behalf of itself
         and as investment adviser to the client accounts specified on
         Schedule A

                  By: /s/ Martin Cohen
                      -----------------------------------
                      Name: Martin Cohen
                      Title: President

<PAGE>

                                   SCHEDULE A

<Table>
<Caption>
Name of Client                                       Number of Shares
--------------                                       ----------------
<S>                                                  <C>
Berkeley Regional Insurance Company                            23,100
Cohen & Steers Equity Income Fund, Inc.                       315,300
Cohen & Steers Special Equity Fund, Inc.                       51,200
Fairfax County Uniformed Retirement System                      3,200
North Shore-Long Island Jewish
Health System Cash Balance Plan                                 4,600
New York State Teachers' Retirement System                     46,900
Cohen & Steers Total Return Realty Fund, Inc.                  71,200
Cohen & Steers Advantage Income Realty Fund, Inc.             364,300
Cohen & Steers Quality Income Realty Fund, Inc.             1,888,900
Signet Star Reinsurance Company                                 9,000
University of Mass. Foundation Inc.                             3,100
United Mine Workers of America 1974 Pension Trust              19,200
</Table><PAGE>
                                                                    EXHIBIT 10.C

                   AMENDMENT NO. 2 AND AGREEMENT dated as of March 30, 2001
              (this "Amendment"), to the CREDIT AGREEMENT dated as of July 16,
              1998 (as amended as of September 30, 1999, the "Credit
              Agreement"), among ISPAT INLAND, L.P., a Delaware limited
              partnership (the "Borrower"), ISPAT INLAND INC., a Delaware
              corporation formerly named Inland Steel Company ("Inland"),
              BURNHAM TRUCKING COMPANY, INC., a Delaware corporation
              ("Burnham"), INCOAL COMPANY, a Delaware corporation ("Incoal"),
              the Lenders (as defined in Article I), and CREDIT SUISSE FIRST
              BOSTON, a bank organized under the laws of Switzerland, acting
              through its New York branch, as issuing bank (in such capacity,
              the "Issuing Bank"), and as administrative agent (in such
              capacity, the "Administrative Agent") and as collateral agent (in
              such capacity, the "Collateral Agent") for the Lenders.

     A. Pursuant to the Credit Agreement, the Lenders and the Issuing Bank have
extended credit to the Borrower.

     B. The Borrower has requested that the Required Lenders agree to amend the
Credit Agreement as provided herein.

     C. The Required Lenders are willing so to amend the Credit Agreement,
pursuant to the terms and subject to the conditions set forth herein.

     D. Capitalized terms used but not defined herein shall have the meanings
assigned to them in the Credit Agreement.

     Accordingly, in consideration of the mutual agreements herein contained and
other good and valuable consideration, the sufficiency and receipt of which are
hereby acknowledged, the parties hereto agree as follows:

     SECTION 1. Amendments to Section 1.01 of the Credit Agreement. Section 1.01
of the Credit Agreement is hereby amended as follows:

     (a) The table set forth in the definition of the term "Applicable
Percentage" is hereby amended and restated in its entirety to read as follows:

<TABLE>
<CAPTION>
                                  Eurodollar       Eurodollar                            ABR
                                   Spread--         Spread--        ABR Spread--      Spread--        L/C Parti-
Consolidated Leverage Ratio       Tranche B        Tranche C          Tranche B       Tranche C        cipation
---------------------------         Loans             Loans              Loans          Loans            Fees
                                    -----             -----              -----          -----            ----
<S>                                <C>              <C>                <C>             <C>             <C>

Category 1

Greater than 3.50 to 1.00          3.75%            3.75%              2.75%           2.75%           3.75%

Category 2

Less than or equal to              3.25%            3.25%             2.25%            2.25%           3.25%
3.50 to 1.00 but greater
than or equal to 2.50
to 1.00

</TABLE>

<PAGE>

                                                                               2

<TABLE>
<CAPTION>
                                  Eurodollar       Eurodollar                            ABR
                                   Spread--         Spread--        ABR Spread--      Spread--        L/C Parti-
Consolidated Leverage Ratio       Tranche B        Tranche C          Tranche B       Tranche C        cipation
----------------------------        Loans             Loans              Loans          Loans            Fees
                                    -----             -----              -----          -----            ----
<S>                                <C>              <C>                <C>             <C>             <C>

Category 3

Less than 2.50 to 1.00             2.50%            2.50%             1.50%            1.50%           2.50%

</TABLE>

     (b) The definition of the term "Consolidated EBITDA" is hereby amended and
restated in its entirety to read as follows:

         "'Consolidated EBITDA' shall mean, for any period, Consolidated Net
     Income for such period, plus, (a) without duplication and to the extent
     deducted from revenues in determining Consolidated Net Income for such
     period, the sum of (i) the aggregate amount of Consolidated Interest
     Expense for such period, (ii) the aggregate amount of income tax expense
     for such period, (iii) all amounts attributable to depreciation and
     amortization for such period, (iv) all non-recurring non-cash charges
     during such period and (v) the aggregate amount of non-cash interest
     expense on the IINV Loans for such period, and minus, without duplication
     and to the extent added to revenues in determining Consolidated Net Income
     for such period, all non-recurring, non-cash gains during such period, all
     as determined on a consolidated basis with respect to Inland and the
     Restricted Subsidiaries in accordance with GAAP."

     (c) The definition of the term "Consolidated Interest Expense" is hereby
amended by adding prior to the "." at the end of the first sentence thereof:

     "; provided, that interest expense for IINV Loans shall be excluded from
     Consolidated Interest Expense to the extent not paid in cash"

     (d) The definition of the term "Total Debt" is hereby amended by (A)
deleting the word "and" before clause (iii) in the parenthetical and (B) adding
within the parenthetical at the end thereof the following new clauses (iv) and
(v):

     "(iv) Indebtedness under the IINV Loans and (v) Indebtedness consisting of
     borrowings under Inland's receivables and inventory securitization
     facilities".

     (e) The following definitions shall be inserted in the appropriate
     alphabetical order:
         "'Capital Expenditures' shall mean, with respect to any person, all
     expenditures by such person that should be capitalized in accordance with
     GAAP, including all such expenditures with respect to fixed or capital
     assets (including expenditures for maintenance and repairs that should be
     capitalized in accordance with GAAP) and the amount of Capital Lease
     Obligations incurred by such person; provided, however, that any such
     expenditures made with, or subsequently reimbursed out of, casualty
     proceeds or condemnation proceeds shall in any event be excluded from the
     definition of Capital Expenditures, so long as such expenditures are made
     within 360 days of the later of the occurrence of the damage to or loss of
     the assets being replaced or repaired and the receipt of such proceeds in
     respect thereof. Notwithstanding the foregoing, and solely for purposes of
     determining compliance with Section 6.11, amounts expended at any

<PAGE>

                                                                               3

     time after the Consolidated Leverage Ratio at the end of any quarter ended
     after March 31, 2001 has been less than or equal to 3.5 to 1.0 to reline
     and repair Inland's blast furnace #7 shall not constitute Capital
     Expenditures to the extent such amounts do not exceed the budgeted amounts
     therefor set forth in a written budget delivered to and reasonably
     acceptable to the Administrative Agent.

         'Current Assets' shall mean, at any time, the consolidated current
     assets (other than cash, Permitted Investments and current and deferred
     income taxes) of Inland and the Restricted Subsidiaries at such time on a
     consolidated basis determined in accordance with GAAP.

         'Current Liabilities' shall mean, at any time, the consolidated current
     liabilities (other than the current portion of any long-term Indebtedness,
     Indebtedness under revolving credit arrangements and current and deferred
     income tax liability) of Inland and the Restricted Subsidiaries at such
     time on a consolidated basis determined in accordance with GAAP.

         'Excess Cash Flow' shall mean, for any fiscal year, the sum (without
     duplication) of:

         (a) Consolidated EBITDA for such fiscal year; plus

         (b) reductions to noncash working capital of Inland and the Restricted
     Subsidiaries for such fiscal year (i.e., the decrease, if any, in Current
     Assets minus Current Liabilities from the beginning to the end of such
     fiscal year); minus

         (c) the amount of any cash income taxes payable by Inland and its
     Restricted Subsidiaries with respect to such fiscal year; minus

         (d) cash interest paid (net of cash interest received) by Inland and
     the Restricted Subsidiaries during such fiscal year; minus

         (e) Capital Expenditures made in cash in accordance with Section 6.11
     during such fiscal year, except to the extent financed with the proceeds of
     Indebtedness, casualty proceeds or condemnation proceeds; minus

         (f) permanent repayments or prepayments of the principal of Loans or
     other Indebtedness or a reduction in the amount of the Letter of Credit as
     a result of a drawing thereunder or a replacement thereof with cash during
     such fiscal year, but only to the extent that such repayments or
     prepayments may not be reborrowed or redrawn and do not occur in connection
     with a refinancing of all or any portion of the Loans or such other
     Indebtedness; minus

         (g) repayments or prepayments of the principal of Indebtedness by
     Inland under its receivables and inventory securitization facilities in
     reduction of such Indebtedness until the aggregate outstanding balance
     under such facilities, less the balance of available cash and short-term
     securities at such time (net of checks issued but not cleared) ("Net
     Borrowing Position") is $50,000,000, where the amount of such repayment or
     prepayment in such fiscal year shall be the positive difference, if any,
     resulting from the subtraction of the Net Borrowing Position at the end of
     such fiscal year from the lowest Net Borrowing Position at the end of any
     prior fiscal year beginning with the year ending December 31, 2000; minus

<PAGE>

                                                                               4

         (h) extraordinary, unusual or nonrecurring cash expenses and cash
     restructuring charges paid by Inland and the Restricted Subsidiaries, if
     any, during such fiscal year and not included in Consolidated EBITDA; minus

         (i) additions to noncash working capital of Inland and the Restricted
     Subsidiaries for such fiscal year (i.e., the increase, if any, in Current
     Assets minus Current Liabilities from the beginning to the end of such
     fiscal year); minus

         (j) cash severance, pension contributions, retiree benefit payments and
     similar payments made during such fiscal year, to the extent not deducted
     in determining Consolidated EBITDA for such fiscal year.

         'IINV Loans' shall mean loans or advances by IINV or any of its
     Affiliates (other than the Borrower or any of its Subsidiaries) to Inland
     pursuant to Section 6.02(b)(iv), provided that to the extent loans or
     advances are made by an Affiliate of IINV, such Affiliate shall have agreed
     in a writing with the Administrative Agent to the subordination provisions
     attached hereto as Exhibit A.

         'Minimum EBITDA Condition' shall mean, at any date of determination,
     that for each period of four consecutive fiscal quarters ending on each of
     the four fiscal quarter end dates preceding such date of determination,
     Consolidated EBITDA (as calculated under Section 6.09 but without giving
     effect to clause (a) of the first proviso thereto) shall have been
     $140,000,000 or greater."

         SECTION 2. Amendments to Section 2.13 of the Credit Agreement. (a)
Section 2.13 of the Credit Agreement is hereby amended as follows: (i)
subsection (c) thereof shall be redesignated as subsection (d) and a new
subsection (c) shall be inserted therein and shall read as follows:

         "(c) No later than the earlier of (i) 100 days after the end of each
     fiscal year of the Borrower, commencing with the fiscal year ending
     December 31, 2001, and (ii) the date on which the financial statements with
     respect to such fiscal year are delivered pursuant to Section 5.04(a), the
     Borrower shall offer to prepay all outstanding Loans at a prepayment amount
     equal to 100% of the Loans prepaid in accordance with Section 2.13(d) in an
     aggregate principal amount equal to 50% of Excess Cash Flow for such fiscal
     year; provided, however, that no such offer to prepay shall be required
     with respect to the Excess Cash Flow for any fiscal year if the
     Consolidated Leverage Ratio at the end of such fiscal year was less than or
     equal to 3.50 to 1.00."

     (b) All references in the Credit Agreement to Section 2.13(c) of the Credit
Agreement are hereby amended to refer instead to Section 2.13(d) of the Credit
Agreement.

     (c) The redesignated Section 2.13(d) of the Credit Agreement is hereby
amended by inserting immediately before the words "an Asset Sale" set forth in
line 13 thereof the words "Excess Cash Flow or".

         SECTION 3. Amendments to Section 5.04 of the Credit Agreement. Section
5.04 of the Credit Agreement is hereby amended as follows:

<PAGE>

                                                                               5

     (a) by redesignating current subsections (c), (d) and (e) thereof as
subsections (d), (e) and (f), respectively; and

     (b) by inserting a new subsection (c) therein which shall read as follows:

         "(c) within 30 days after the end of each month (except the last month
     of each fiscal quarter), a consolidated balance sheet and related
     statements of income showing the financial condition of Inland and its
     consolidated subsidiaries as of the close of such month and the results of
     its operations and the operations of such Restricted Subsidiaries during
     such month, all certified by one of its Financial Officers as fairly
     presenting the financial condition and results of operations of Inland and
     its consolidated subsidiaries, on a consolidated basis in accordance with
     GAAP consistently applied, subject to normal year-end audit adjustments;".

         SECTION 4. Amendment to Section 5.07 of the Credit Agreement. Section
5.07 of the Credit Agreement is hereby amended by adding at the end thereof the
following:

     "Without limiting the foregoing, the Borrower and Inland agree to discuss
     their affairs, finances and condition in conference calls with Lenders at
     such times and at such intervals (but no more frequently than quarterly) as
     the Administrative Agent shall request."

         SECTION 5. Amendments to Section 6.02 of the Credit Agreement. (a)
Section 6.02(a) of the Credit Agreement is hereby amended and restated in its
entirety to read as follows:

     "(a) Incur, directly or indirectly, any Indebtedness; provided, however,
     that Inland and its Restricted Subsidiaries may Incur Indebtedness if, (i)
     on the date of such Incurrence and after giving effect thereto, the
     Consolidated Coverage Ratio exceeds 2.0 to 1.0 and (ii) as of the date of
     such Incurrence, the Minimum EBITDA Condition shall have been satisfied."

     (b) Section 6.02(b)(iv) of the Credit Agreement is hereby amended by (i)
adding at the beginning thereof the words "(A) IINV Loans and (B)" and (ii)
adding at the end thereof the following:

     "and provided further, however, that all IINV Loans shall (x) not require
     the payment of interest in cash so long as the conditions set forth in
     Section 6.03(c) have not been met and (y) shall be subordinated to the
     prior payment in full of the Obligations on the terms attached as Exhibit A
     to Amendment No. 2 dated as of March 30, 2001, to this Agreement".

         SECTION 6. Amendments to Section 6.03 of the Credit Agreement. (a)
Section 6.03(a) of the Credit Agreement is hereby amended by (i) deleting the
word "or" at the end of clause (ii) thereof, (ii) redesignating clause (iii)
thereof as clause (iv) and (iii) adding the following as clause (iii) thereof:

     "(iii) the Consolidated Leverage Ratio at such time, after giving effect to
     such Restricted Payment, is not less than or equal to 3.0 to 1.0; or".

<PAGE>

                                                                               6

     (b) Section 6.03(b) of the Credit Agreement is hereby amended (i) by
inserting after the words "provided, however, that" set forth in clause (v)
thereof the words "(A) no such Restricted Payments shall be permitted if at the
time thereof and after giving effect thereto, the Consolidated Leverage Ratio is
greater than 3.0 to 1.0 and (B)" and (ii) by deleting the word "or' at the end
of clause (vii) thereof, changing the "." at the end of clause (viii) to "; or"
and adding the following new clause (ix):

         "(ix) Restricted Payments from the proceeds of simultaneous IINV Loans
     or capital contributions by IINV or any of its Affiliates (other than the
     Borrower or any of its Subsidiaries) to Inland which are (x) in excess of
     $110,000,000, (y) not made in order to comply with Section 6.09 and (z) not
     an IINV Capex Loan."

     (c) The following new paragraphs (c) and (d) are hereby added at the end of
Section 6.03:

         "(c) Repay or prepay any amounts, including principal and interest, in
     respect of any IINV Loans unless, after giving effect thereto and to any
     financing therefor, (i) no Default or Event of Default shall have occurred
     and be continuing, (ii) the Consolidated Leverage Ratio is less than or
     equal to 3.5 to 1.0 and (iii) Inland shall have available to it at least
     $100,000,000 of unused and available commitments under its receivables and
     inventory securitization facilities.

         (d) Anything in this Agreement to the contrary notwithstanding, it is
     hereby agreed that up to $60,000,000 of marketable securities received by
     Inland on or about March 30 2001 as the proceeds of an IINV Loan will be
     deemed to constitute a Permitted Investment for purposes of clause (iv) of
     the definition of the term Restricted Payment for a period of up to 30 days
     after the Effective Date of Amendment No. 2 dated as of March 30, 2001 to
     this Agreement."

         SECTION 7. Amendment to Section 6.06 of the Credit Agreement. Section
6.06 of the Credit Agreement is hereby amended by inserting immediately after
the words "provided that, except" therein the words "with respect to the
borrowing, repayment or prepayment of the IINV Loans and".

         SECTION 8. Amendment to Section 6.09 of the Credit Agreement. Section
6.09 of the Credit Agreement is hereby amended and restated in its entirety to
read as follows:

         "SECTION 6.09. Consolidated EBITDA. Permit Consolidated EBITDA for any
     period of four consecutive fiscal quarters commencing on or after March 31,
     2002 to be less than $140,000,000; provided that in calculating
     Consolidated EBITDA for any period for purposes of this Section 6.09, (a)
     there shall be included, without duplication, the aggregate amount of IINV
     Loans or capital contributions made in cash by IINV or any of its
     Affiliates (other than the Borrower or any of its Subsidiaries) to Inland
     (excluding IINV Capex Loans and IINV Loans and capital contributions
     referred to in Section 6.03(b)(ix)) during such four fiscal quarters less
     the amounts thereof returned to IINV by way of dividend, distribution,
     repayment of principal or return of capital as permitted hereunder during
     such four fiscal quarters, and (b) there shall be excluded, without
     duplication and to the extent otherwise included therein, all unusual,
     non-recurring, or extraordinary charges or credits during such period, all
     as determined in accordance with GAAP; and provided further that in
     calculating Consolidated

<PAGE>

                                                                               7

     EBITDA for the fiscal quarters ending March 31, 2002, June 30, 2002 and
     September 30, 2002 the $60,000,000 IINV Loan made to Inland on or about
     March 30, 2001 shall be deemed to have been made in three (3) installments
     of $20,000,000 each in the fiscal quarters ending June 30, 2001, September
     30, 2001 and December 31, 2001."

         SECTION 9. Addition of Capital Expenditures Limit. A new Section 6.11
is hereby added to the Credit Agreement and shall read as follows:

         "SECTION 6.11. Capital Expenditures. (a) Permit the aggregate amount of
     Capital Expenditures made by the Borrower, Inland and the Restricted
     Subsidiaries in any fiscal year set forth below to exceed the amount set
     forth opposite such year below:

                        Year          Amount
                        ----          ------
                        2001       $38,000,000
                        2002       $60,000,000
                        2003       $60,000,000
                        2004       $60,000,000
                        2005       $60,000,000
                        2006       $60,000,000

         (b) Notwithstanding anything to the contrary contained in paragraph (a)
     above, to the extent that the aggregate amount of Capital Expenditures made
     by the Borrower, Inland and the Restricted Subsidiaries pursuant to Section
     6.11(a) in any fiscal year is less than the amount permitted by Section
     6.11(a) with respect to such fiscal year, the amount of such difference may
     be carried forward and used to make Capital Expenditures in the immediately
     succeeding fiscal year (after the full amount of Capital Expenditures
     otherwise permitted to be made under Section 6.11(a) in such fiscal year,
     without regard to the provisions of this paragraph (b), have been made);
     provided that the amounts once carried forward to such succeeding fiscal
     year shall lapse and terminate at the end of such fiscal year.

         (c) In addition, if the Consolidated Leverage Ratio at the end of any
     fiscal year ending on or after December 31, 2001 is equal to or less than
     3.5 to 1.0, then the amount of Capital Expenditures permitted pursuant to
     Section 6.11(a) in the next fiscal year shall be increased to the
     depreciation expense of Inland and its Restricted Subsidiaries for such
     fiscal year then ended.

         (d) In addition, the amount of Capital Expenditures permitted pursuant
     to Section 6.11(a) with respect to any fiscal year shall be increased by
     the aggregate principal amount of IINV Loans or capital contributions made
     after March 31, 2001 ("IINV Capex Loans"), provided that the aggregate
     principal amount of IINV Loans outstanding immediately prior to the making
     of such IINV Capex Loans (net of any IINV Loans made in order to comply
     with Section 6.09 or referred to in Section 6.03(b)(ix)) shall not be less
     than $110,000,000."

         SECTION 10. Amendment to Section 10.04(b) of the Credit Agreement.
Section 10.04(b) of the Credit Agreement is hereby amended by deleting the
reference therein to "$5,000,000" and substituting in lieu thereof a reference
to "$1,000,000".

<PAGE>

                                                                               8

         SECTION 11. Agreements. IINV, the Borrower and Inland hereby agree, for
the benefit of the Lenders, the Issuing Bank, the Administrative Agent and the
Collateral Agent, that all IINV Loans, whether made prior to or after the
Effective Date (as defined below) shall be, and hereby are, subordinated to the
Obligations on the terms attached hereto as Exhibit A, which are incorporated by
reference in and deemed part of the IINV Loans.

         SECTION 12. Representations and Warranties. To induce the other parties
hereto to enter into this Amendment, the Borrower, Inland, Burnham and Incoal
represent and warrant to each of the Lenders, the Administrative Agent, the
Issuing Bank and the Collateral Agent that (a) the aggregate amount of start-up
costs and expenses incurred during the first fiscal quarter of 2001 in
connection with Inland's 80-inch hot strip mill project were less than or equal
to $28,000,000, (b) after giving effect to this Amendment, the representations
and warranties set forth in Article III of the Credit Agreement are true and
correct in all material respects on and as of the date hereof, except to the
extent such representations and warranties expressly relate to an earlier date
and except that with respect to the representations and warranties (x) in
Section 3.06, the date applicable shall be December 31, 2000 rather than
December 31, 1997 and (y) in Sections 3.09 and 3.17, such representations and
warranties are qualified by reference to Inland's filings under the Securities
Exchange Act of 1934 for current information regarding matters of the type
referred to in said Sections 3.09 and 3.17 and (c) after giving effect to this
Amendment, no Default or Event of Default has occurred and is continuing.

         SECTION 13. Effectiveness. This Amendment shall become effective as of
the date first written above on the date on which (a) Inland shall have received
on or after January 1, 2001, and there shall be outstanding, not less than
$110,000,000 in aggregate principal amount of IINV Loans and (b) the
Administrative Agent shall have received (i) counterparts of this Amendment
that, when taken together, bear the signatures of the Borrower, the Guarantors,
the Required Lenders and the Administrative Agent and (ii) the Amendment Fee
referred to below. Such date is referred to herein as the "Effective Date".

         SECTION 14. Amendment Fee. The Borrower agrees to pay to the
Administrative Agent for the account of each Lender (including Credit Suisse
First Boston in its capacity as a Lender) that delivers an executed counterpart
of this Amendment to the Administrative Agent on or prior to the Effective Date,
as consideration for entering into this Amendment, an amendment fee equal to
0.25% of the aggregate amount of such Lender's outstanding Loans and L/C
Exposure under the Credit Agreement calculated as of the Effective Date. Such
amendment fee shall be payable in immediately available funds on and subject to
the occurrence of the Effective Date.

         SECTION 15. Effect of Amendment. Except as expressly set forth herein,
this Amendment shall not by implication or otherwise limit, impair, constitute a
waiver of, or otherwise affect the rights and remedies of the Lenders, the
Issuing Bank, the Collateral Agent or the Administrative Agent under the Credit
Agreement or any other Loan Document, and shall not alter, modify, amend or in
any way affect any of the terms, conditions, obligations, covenants or
agreements contained in the Credit Agreement or any other Loan Document, all of
which are ratified and affirmed in all respects and shall continue in full force
and effect. Nothing herein shall be deemed to entitle any Loan Party to a
consent to, or a waiver, amendment, modification or other change of, any of the
terms, conditions, obligations, covenants or agreements contained in the Credit
Agreement or any other Loan Document in similar or different circumstances. This
Amendment shall

<PAGE>

                                                                               9

apply and be effective only with respect to the provisions of the Credit
Agreement specifically referred to herein. After the date hereof, any reference
to the Credit Agreement shall mean the Credit Agreement, as modified hereby.
This Amendment shall constitute a "Loan Document" for all purposes of the Credit
Agreement and the other Loan Documents.

         SECTION 16. Counterparts. This Amendment may be executed in any number
of counterparts and by different parties hereto in separate counterparts, each
of which when so executed and delivered shall be deemed an original, but all
such counterparts together shall constitute but one and the same contract.
Delivery of an executed counterpart of a signature page of this Amendment by
facsimile transmission shall be as effective as delivery of a manually executed
counterpart hereof.

         SECTION 17. Applicable Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

         SECTION 18. Headings. The headings of this Amendment are for purposes
of reference only and shall not limit or otherwise affect the meaning hereof.

         SECTION 19. Expenses. The Borrower agrees to reimburse the
Administrative Agent for all out-of-pocket expenses in connection with this
Amendment, including the fees, charges and disbursements of Cravath, Swaine &
Moore, counsel for the Administrative Agent.

<PAGE>
                                                                              10

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

                                 ISPAT INLAND, L.P.,

                                 by 9064-4816 QUEBEC, INC., its general partner,

                                    by /s/ Richard LeBlanc
                                       -----------------------------------------
                                    Name:  Richard LeBlanc
                                    Title: Secretary

                                 ISPAT INLAND INC.,

                                    by /s/ T.A. McCue
                                       -----------------------------------------
                                    Name:  T.A. McCue
                                    Title: Treasurer

                                 BURNHAM TRUCKING COMPANY, INC.,

                                    by /s/ T.A. McCue
                                       -----------------------------------------
                                    Name:  T.A. McCue
                                    Title: Vice President & Assistant Treasurer

                                 INCOAL COMPANY,

                                    by /s/ T.A. McCue
                                       -----------------------------------------
                                    Name:  T.A. McCue
                                    Title: Treasurer

                                 ISPAT INTERNATIONAL N.V.,

                                    by /s/ Richard LeBlanc
                                       -----------------------------------------
                                    Name:  Richard LeBlanc
                                    Title: Managing Director

                                    by /s/ Bhikam C. Agarwel
                                       -----------------------------------------
                                    Name:  Bhikam C. Agarwel
                                    Title: Chief Financial Officer

                                 CREDIT SUISSE FIRST BOSTON, individually, and
                                 as Administrative Agent, Collateral Agent and
                                 Issuing Bank,

                                    by /s/ Robert Hetu
                                       -----------------------------------------
                                    Name:  Robert Hetu
                                    Title: Director

                                    by /s/ William S. Lutkins
                                       -----------------------------------------
                                    Name:  William S. Lutkins
                                    Title: Vice President

<PAGE>
                                                                              11

                                 ADDISON CDO, LIMITED (ACCT 1279)

                                 by Pacific Investment Management Company LLC,
                                 as its Investment Advisor

                                    by /s/ Raymond G. Kennedy
                                       -----------------------------------------
                                    Name:  Raymond G. Kennedy
                                    Title: Executive Vice President

                                 AERIES FINANCE-II LTD.

                                 by INVESCO Senior Secured Management, Inc. as
                                 Sub-Managing Agent

                                    by /s/ Gregory Stoeckle
                                       -----------------------------------------
                                    Name:  Gregory Stoeckle
                                    Title: Authorized Signatory

                                 AMARA-I FINANCE, LTD.

                                 by INVESCO Senior Secured Management, Inc. as
                                 Sub-advisor

                                    by /s/ Gregory Stoeckle
                                       -----------------------------------------
                                    Name:  Gregory Stoeckle
                                    Title: Authorized Signatory

                                 AVALON CAPITAL LTD.

                                 by INVESCO Senior Secured Management, Inc. as
                                 Portfolio Advisor

                                    by /s/ Gregory Stoeckle
                                       -----------------------------------------
                                    Name:  Gregory Stoeckle
                                    Title: Authorized Signatory

                                 AVALON CAPITAL LTD. 2

                                 by INVESCO Senior Secured Management, Inc. as
                                 Portfolio Advisor

                                    by /s/ Gregory Stoeckle
                                       -----------------------------------------
                                    Name:  Gregory Stoeckle
                                    Title: Authorized Signatory

<PAGE>

                                                                              12

                                 ATHENA CDO, LIMITED (ACCT 1277)

                                 by Pacific Investment Management Company LLC,
                                 as its Investment Advisor

                                    by /s/     Raymond G. Kennedy
                                       -----------------------------------------
                                    Name:  Raymond G. Kennedy
                                    Title: Executive Vice President

                                 BEDFORD CDO, LIMITED (ACCT 1276)

                                 by Pacific Investment Management Company LLC,
                                 as its Investment Advisor

                                    by /s/     Raymond G. Kennedy
                                       -----------------------------------------
                                    Name:  Raymond G. Kennedy
                                    Title: Executive Vice President

                                 BOEING CAPITAL CORP.

                                    by /s/     James C. Hammersmith
                                       -----------------------------------------
                                    Name:  James C. Hammersmith
                                    Title: Senior Documentation Officer

                                 CAPTIVA FINANCE LTD.

                                    by /s/     David Dyer
                                       -----------------------------------------
                                    Name:  David Dyer
                                    Title: Director

                                 CAPTIVA II FINANCE LTD.

                                    by /s/     David Dyer
                                       -----------------------------------------
                                    Name:  David Dyer
                                    Title: Director

                                 CAPTIVA III FINANCE LTD. (ACCT. 275),

                                 as advised by Pacific Investment Management
                                 Company LLC

                                    by /s/     David Dyer
                                       -----------------------------------------
                                    Name:  David Dyer
                                    Title: Director

                                 CAPTIVA IV FINANCE LTD. (ACCT. 1275),

                                 as advised by Pacific Investment Management
                                 Company LLC

                                    by /s/     David Dyer
                                       -----------------------------------------
                                    Name:  David Dyer
                                    Title: Director

<PAGE>

                                                                              13

                                 CATALINA CDO LTD. (ACCT 1287)

                                 by Pacific Investment Management Company LLC,
                                 as its Investment Advisor

                                    by /s/ Raymond G. Kennedy
                                       -----------------------------------------
                                    Name:  Raymond G. Kennedy
                                    Title: Executive Vice President

                                 CERES FINANCE LTD.

                                 by INVESCO Senior Secured Management, Inc. as
                                 Sub-Managing Agent

                                    by /s/     Gregory Stoeckle
                                       -----------------------------------------
                                    Name:  Gregory Stoeckle
                                    Title: Authorized Signatory

                                 CITIBANK N.A. as Additional Investment Manager
                                 for and on behalf of Five Finance Corporation

                                    by /s/     Martin Davey
                                       -----------------------------------------
                                    Name:  Martin Davey
                                    Title: Vice President, Alternative
                                           Investment Strategies

                                    by /s/     Daniel Slotkin
                                       -----------------------------------------
                                    Name:  Daniel Slotkin
                                    Title: Vice President

                                 COMERICA BANK

                                    by /s/     Aurora Battaglia
                                       -----------------------------------------
                                    Name:  Aurora Battaglia
                                    Title: Vice President

                                 CYPRESSTREE SENIOR FLOATING RATE FUND

                                 by CypressTree Investment Management Company,
                                 Inc. as Portfolio Manager

                                    by /s/     Jonathan D. Sharkey
                                       -----------------------------------------
                                    Name:  Jonathan D. Sharkey
                                    Title: Principal

<PAGE>

                                                                              14

                                 CYPRESSTREE INVESTMENT PARTNERS I, LTD

                                 by CypressTree Investment Management Company,
                                 Inc. as Portfolio Manager

                                    by /s/     Jonathan D. Sharkey
                                       -----------------------------------------
                                    Name:   Jonathan D. Sharkey
                                    Title:  Principal

                                 CYPRESSTREE INVESTMENT PARTNERS II, LTD

                                 by CypressTree Investment Management Company,
                                 Inc. as Portfolio Manager

                                    by /s/     Jonathan D. Sharkey
                                       -----------------------------------------
                                    Name:  Jonathan D. Sharkey
                                    Title: Principal

                                 CYPRESSTREE INVESTMENT FUND, LLC

                                 by CypressTree Investment Management Company,
                                 Inc. its Managing Member

                                    by /s/     Jonathan D. Sharkey
                                       -----------------------------------------
                                    Name:  Jonathan D. Sharkey
                                    Title: Principal

                                 CYPRESSTREE INSTITUTIONAL FUND, LLC

                                 by CypressTree Investment Management Company,
                                 Inc. its Managing Member

                                    by /s/     Jonathan D. Sharkey
                                       -----------------------------------------
                                    Name:  Jonathan D. Sharkey
                                    Title: Principal

                                 CYPRESSTREE INVESTMENT MANAGEMENT COMPANY,
                                 INC.,

                                 as Attorney-in-Fact and on behalf of First
                                 Allmerica Financial Life Insurance Company as
                                 Portfolio Manager

                                    by /s/     Jonathan D. Sharkey
                                       -----------------------------------------
                                    Name:  Jonathan D. Sharkey
                                    Title: Principal

<PAGE>

                                                                              15

                                 DEBT STRATEGIES FUND, INC.

                                    by /s/     Jaimin Patel
                                       -----------------------------------------
                                    Name:  Jaimin Patel
                                    Title: Authorized Signatory

                                 DELANO COMPANY (ACCT 274)

                                 by Pacific Investment Management Company LLC,
                                 as its Investment Advisor

                                    by /s/     Raymond G. Kennedy
                                       -----------------------------------------
                                    Name:  Raymond G. Kennedy
                                    Title: Executive Vice President

                                 ELT LTD.

                                    by /s/     Ann E. Morris
                                       -----------------------------------------
                                    Name:  Ann E. Morris
                                    Title: Authorized Agent

                                 FOOTHILL

                                    by /s/     Jeff Nikora
                                       -----------------------------------------
                                    Name:  Jeff Nikora
                                    Title: Managing Member

                                 HARBOURVIEW CBO I, LTD.

                                    by /s/     David Foxhoven
                                       -----------------------------------------
                                    Name:  David Foxhoven
                                    Title:  Assistant Vice President

                                 HARBOURVIEW CDO II, LTD.

                                    by /s/     David Foxhoven
                                       -----------------------------------------
                                    Name:  David Foxhoven
                                    Title:  Assistant Vice President

                                 INDOSUEZ CAPITAL FUNDING IIA, LIMITED

                                 by Indosuez Capital as Portfolio Advisor

                                    by /s/     Melissa Marano
                                       -----------------------------------------
                                    Name:  Melissa Marano
                                    Title: Vice President

<PAGE>

                                                                              16

                                 INDOSUEZ CAPITAL FUNDING III, LIMITED

                                 by Indosuez Capital as Portfolio Advisor

                                    by /s/     Melissa Marano
                                       -----------------------------------------
                                    Name:  Melissa Marano
                                    Title: Vice President

                                 INDOSUEZ CAPITAL FUNDING IV, L.P.

                                 by Indosuez Capital as Portfolio Advisor

                                    by /s/     Melissa Marano
                                       -----------------------------------------
                                    Name:  Melissa Marano
                                    Title: Vice President

                                 INDOSUEZ CAPITAL FUNDING VI, LIMITED

                                 by Indosuez Capital as Collateral Manager

                                    by /s/     Melissa Marano
                                       -----------------------------------------
                                    Name:  Melissa Marano
                                    Title: Vice President

                                 JISSEKIKUN FUNDING, LTD. (ACCT 1288)

                                 by Pacific Investment Management Company LLC,
                                 as its Investment Advisor

                                    by /s/     Raymond G. Kennedy
                                       -----------------------------------------
                                    Name:  Raymond G. Kennedy
                                    Title: Executive Vice President

                                 KEMPER FLOATING RATE FUND

                                    by /s/     Kelly D. Babson
                                       -----------------------------------------
                                    Name:  Kelly D. Babson
                                    Title: Managing Director

                                 KZH CYPRESSTREE-1 LLC

                                    by /s/     Kimberly Rowe
                                       -----------------------------------------
                                    Name:  Kimberly Rowe
                                    Title: Authorized Agent

                                 KZH RIVERSIDE LLC

                                    by /s/     Kimberly Rowe
                                       -----------------------------------------
                                    Name:  Kimberly Rowe
                                    Title: Authorized Agent

<PAGE>
                                                                              17

                                 KZH SHOSHONE LLC

                                    by /s/     Kimberly Rowe
                                       -----------------------------------------
                                    Name:  Kimberly Rowe
                                    Title: Authorized Agent

                                 KZH SOLEIL-2 LLC

                                    by /s/     Kimberly Rowe
                                       -----------------------------------------
                                    Name:  Kimberly Rowe
                                    Title: Authorized Agent

                                 LONGHORN CDO (CAYMAN) LTD

                                 by Merrill Lynch Investment Manager, L.P. as
                                 Investment Advisor

                                    by /s/     Jaimin Patel
                                       -----------------------------------------
                                    Name:  Jaimin Patel
                                    Title: Authorized Signatory

                                 MERRILL LYNCH GLOBAL INVESTMENT SERIES BANK
                                 LOAN INCOME PORTFOLIO

                                 by Merrill Lynch Investment Managers, L.P. as
                                 Investment Advisor

                                    by /s/     Jaimin Patel
                                       -----------------------------------------
                                    Name:  Jaimin Patel
                                    Title: Authorized Signatory

                                 MERRILL LYNCH GLOBAL INVESTMENT SERIES INCOME
                                 STRATEGIES PORTFOLIO

                                 by Merrill Lynch Investment Managers, L.P. as
                                 Investment Advisor

                                    by /s/     Jaimin Patel
                                       -----------------------------------------
                                    Name:  Jaimin Patel
                                    Title: Authorized Signatory

                                 MERRILL LYNCH, PIERCE, FENNER & SMITH
                                 INCORPORATED

                                    by /s/     Neil Brisson
                                       -----------------------------------------
                                    Name:  Neil Brisson
                                    Title: Director

<PAGE>

                                                                              18

                                 MERRILL LYNCH PRIME RATE PORTFOLIO

                                 by Merrill Lynch Investment Managers, L.P. as
                                 Investment Advisor

                                    by /s/     Jaimin Patel
                                       -----------------------------------------
                                    Name:  Jaimin Patel
                                    Title: Authorized Signatory

                                 MERRILL LYNCH SENIOR FLOATING RATE FUND, INC.

                                    by /s/     Jaimin Patel
                                       -----------------------------------------
                                    Name:  Jaimin Patel
                                    Title: Authorized Signatory

                                 ML CLO XII PILGRIM AMERICA (CAYMAN) LTD.

                                 by ING Pilgrim Investments, as its Investment
                                 Manager

                                    by /s/     Charles E. LeMieux, CFA
                                       -----------------------------------------
                                    Name:  Charles E. LeMieux, CFA
                                    Title: Vice President

                                 ML CLO XX PILGRIM AMERICA (CAYMAN) LTD.

                                 by ING Pilgrim Investments, as its Investment
                                 Manager

                                    by /s/     Charles E. LeMieux, CFA
                                       -----------------------------------------
                                    Name:  Charles E. LeMieux, CFA
                                    Title: Vice President

                                 MONUMENT CAPITAL LTD., as Assignee

                                 by Alliance Capital Management L.P., as
                                 Investment Manager

                                 by Alliance Capital Management Corporation, as
                                 General Partner

                                    by /s/     Sverker Johansson
                                       -----------------------------------------
                                    Name:  Sverker Johansson
                                    Title: Vice President
<PAGE>

                                                                              19

                                 MORGAN STANLEY DEAN WITTER PRIME INCOME TRUST

                                    by /s/     Peter Gewirtz
                                       -----------------------------------------
                                    Name:  Peter Gewirtz
                                    Title: Vice President

                                 MOUNTAIN CAPITAL CLO I, LTD.

                                    by /s/     Darren P. Riley
                                       -----------------------------------------
                                    Name:  Darren P. Riley
                                    Title: Director

                                 MOUNTAIN CAPITAL CLO II LTD.

                                    by /s/     Darren P. Riley
                                       -----------------------------------------
                                    Name:  Darren P. Riley
                                    Title: Director

                                 MUIRFIELD TRADING LLC

                                    by /s/     Ann E. Morris
                                       -----------------------------------------
                                    Name:  Ann E. Morris
                                    Title: Assistant Vice President

                                 NANTUCKET CBO, LIMITED (ACCT 276)

                                 by Pacific Investment Management Company, LLC,
                                 as its Investment Advisor

                                    by /s/     Raymond G. Kennedy
                                       -----------------------------------------
                                    Name:  Raymond G. Kennedy
                                    Title: Executive Vice President

                                 NORTH AMERICAN SENIOR FLOATING RATE FUND

                                 by CypressTree Investment Management Company,
                                 Inc. as Portfolio Manager

                                    by /s/     Jonathan D. Sharkey
                                       -----------------------------------------
                                    Name:  Jonathan D. Sharkey
                                    Title: Principal

<PAGE>

                                                                              20

                                 OASIS COLLATERALIZED HIGH INCOME PORTFOLIO-1,
                                 LTD

                                 by INVESCO Senior Secured Management, Inc. as
                                 Subadvisor

                                    by /s/     Gregory Stoeckle
                                       -----------------------------------------
                                    Name:  Gregory Stoeckle
                                    Title: Authorized Signatory

                                 OLYMPIC FUNDING TRUST, SERIES 1999-1

                                    by /s/     Ann E. Morris
                                       -----------------------------------------
                                    Name:  Ann E. Morris
                                    Title: Authorized Agent

                                 OPPENHEIMER SENIOR FLOATING RATE FUND

                                    by /s/     David Foxhoven
                                       -----------------------------------------
                                    Name:  David Foxhoven
                                    Title: Assistant Vice President

                                 OSPREY INVESTMENT PORTFOLIO

                                 by Citibank, N.A., as Manager

                                    by /s/     Martin Davey
                                       -----------------------------------------
                                    Name:  Martin Davey
                                    Title: Vice President, Alternative
                                           Investment Strategies

                                 PACIFICA PARTNERS I, L.P.

                                 by Imperial Credit Asset Management as its
                                 Investment Manager

                                    by /s/     Sean R. Walker
                                       -----------------------------------------
                                    Name:  Sean R. Walker
                                    Title: Vice President

                                 PACIFIC LIFE CBO 1998-1 LTD.

                                    by /s/     Larry J. Card
                                       -----------------------------------------
                                    Name:  Larry J. Card
                                    Title: Executive Vice President

                                    by /s/     Michael Long
                                       -----------------------------------------
                                    Name:  Michael Long
                                    Title: Assistant Vice President

<PAGE>

                                                                              21

                                 PACIFIC SELECT HIGH YIELD

                                    by /s/     Larry J. Card
                                       -----------------------------------------
                                    Name:  Larry J. Card
                                    Title: Executive Vice President

                                    by /s/     Michael Long
                                       -----------------------------------------
                                    Name:  Michael Long
                                    Title: Assistant Vice President

                                 PACIFIC REDWOOD CBO LTD.

                                    by /s/     Larry J. Card
                                       -----------------------------------------
                                    Name:  Larry J. Card
                                    Title: Executive Vice President

                                    by /s/     Michael Long
                                       -----------------------------------------
                                    Name:  Michael Long
                                    Title: Assistant Vice President

                                 PIMCO HIGH YIELD FUND (ACCT 705)

                                 by Pacific Investment Management Company LLC,
                                 as its Investment Advisor for the PIMCO High
                                 Yield Fund, acting through Investors Fiduciary
                                 Trust Company in the Nominee Name of IFTCO

                                    by /s/     Raymond G. Kennedy
                                       -----------------------------------------
                                    Name:  Raymond G. Kennedy
                                    Title: Executive Vice President

                                 PROMETHEUS INVESTMENT FUNDING NO. 1 LTD.

                                 by CPF Asset Advisory, L.P. as Investment
                                 Manager

                                    by /s/     Irv Roa
                                       -----------------------------------------
                                    Name:  Irv Roa
                                    Title: Associate Director

                                    by /s/     Timothy L. Harrod
                                       -----------------------------------------
                                    Name:  Timothy L. Harrod
                                    Title: Director

                                 PROSPECT INTERNATIONAL DEBT STRATEGY FUND

                                    by /s/     Preston I. Carnes, Jr.
                                       -----------------------------------------
                                    Name:  Preston I. Carnes, Jr.
                                    Title: Vice President

<PAGE>

                                                                              22

                                 THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

                                    by /s/     B. Ross Smead
                                       -----------------------------------------
                                    Name:  B. Ross Smead
                                    Title: Vice President

                                 ROYALTON COMPANY (ACCT 280)

                                 by Pacific Investment Management Company LLC,
                                 as its Investment Advisor

                                    by /s/     Raymond G. Kennedy
                                       -----------------------------------------
                                    Name:  Raymond G. Kennedy
                                    Title: Executive Vice President

                                 SENIOR HIGH INCOME PORTFOLIO, INC.

                                    by /s/     Jaimin Patel
                                       -----------------------------------------
                                    Name:  Jaimin Patel
                                    Title: Authorized Signatory

                                 SEQUILS-CUMBERLAND I, LTD.

                                 by Deerfield Capital Management, L.L.C. as its
                                 Collateral Manager

                                    by /s/     Mark E. Wittnebel
                                       -----------------------------------------
                                    Name:  Mark E. Wittnebel
                                    Title: Senior Vice President

                                 SRF 2000 LLC

                                    by /s/     Ann E. Morris
                                       -----------------------------------------
                                    Name:  Ann E. Morris
                                    Title: Assistant Vice President

                                 STANFIELD CLO LTD.

                                 by Stanfield Capital Partners LLC as its
                                 Collateral Manager

                                    by /s/     Christopher A. Bondy
                                       -----------------------------------------
                                    Name:  Christopher A. Bondy
                                    Title: Partner

<PAGE>

                                                                              23

                                 STANFIELD/RMF TRANSATLANTIC CDO LTD.

                                 by Stanfield Capital Partners LLC as its
                                 Collateral Manager

                                    by /s/     Christopher A. Bondy
                                       -----------------------------------------
                                    Name:  Christopher A. Bondy
                                    Title: Partner

                                 STEIN ROE & FARNHAM INCORPORATED, as Agent for
                                 Keyport Life Insurance Company

                                    by /s/     James R. Fellows
                                       -----------------------------------------
                                    Name:  James R. Fellows
                                    Title: Sr. Vice President & Portfolio
                                           Manager

                                 STEIN ROE & FARNHAM CLO I LTD.,

                                 by Stein Roe & Farnham Incorporated, as
                                 Portfolio Manager

                                    by /s/     James R. Fellows
                                       -----------------------------------------
                                    Name:  James R. Fellows
                                    Title: Sr. Vice President & Portfolio
                                           Manager

                                 STEIN ROE FLOATING RATE LIMITED
                                 LIABILITY COMPANY

                                    by /s/     James R. Fellows
                                       -----------------------------------------
                                    Name:  James R. Fellows
                                    Title: Sr. Vice President, Stein Roe &
                                           Farnham Incorporated, as Advisor to
                                           the Stein Roe Floating Rate Limited
                                           Liability Company

                                 LIBERTY-STEIN ROE ADVISOR FLOATING RATE
                                 ADVANTAGE FUND,

                                 by Stein Roe & Farnham Incorporated, as Advisor

                                    by /s/     James R. Fellows
                                       -----------------------------------------
                                    Name:  James R. Fellows
                                    Title: Sr. Vice President & Portfolio
                                           Manager

<PAGE>

                                                                              24

                                 STRATA FUNDING LTD.

                                 by INVESCO Senior Secured Management, Inc. as
                                 Sub-Managing Agent

                                    by /s/     Gregory Stoeckle
                                       -----------------------------------------
                                    Name:  Gregory Stoeckle
                                    Title: Authorized Signatory

                                 STRATEGIC MANAGED LOAN PORTFOLIO

                                 by Citibank, N.A., as Manager

                                    by /s/     Martin Davey
                                       -----------------------------------------
                                    Name:  Martin Davey
                                    Title: Vice President, Alternative
                                           Investment Strategies

                                 TEXTRON FINANCIAL CORPORATION

                                    by /s/     Matthew J. Colgan
                                       -----------------------------------------
                                    Name:  Matthew J. Colgan
                                    Title: Director

                                 TRANSAMERICA BUSINESS CAPITAL CORPORATION, as
                                 successor in interest to Transamerica Business
                                 Credit Corporation

                                    by /s/     Steve Goetschius
                                       -----------------------------------------
                                    Name:  Steve Goetschius
                                    Title: Senior Vice President

                                 VAN KAMPEN CLO I, LIMITED

                                 by Van Kampen Management, Inc., as Collateral
                                 Manager

                                    by /s/     Darvin D. Pierce
                                       -----------------------------------------
                                    Name:  Darvin D. Pierce
                                    Title: Principal

                                 VAN KAMPEN CLO II, LIMITED

                                 by Van Kampen Management, Inc., as Collateral
                                 Manager

                                    by /s/     Darvin D. Pierce
                                       -----------------------------------------
                                    Name:  Darvin D. Pierce
                                    Title: Principal

<PAGE>

                                                                              25

                                 VAN KAMPEN PRIME RATE INCOME TRUST

                                 by Van Kampen Investment Advisory Corp.

                                    by /s/     Darvin D. Pierce
                                       -----------------------------------------
                                    Name:  Darvin D. Pierce
                                    Title: Principal

                                 VAN KAMPEN SENIOR FLOATING RATE FUND

                                 by Van Kampen Investment Advisory Corp.

                                    by /s/     Darvin D. Pierce
                                       -----------------------------------------
                                    Name:  Darvin D. Pierce
                                    Title: Principal

                                 VAN KAMPEN SENIOR INCOME TRUST

                                 by Van Kampen Investment Advisory Corp.

                                    by /s/     Darvin D. Pierce
                                       -----------------------------------------
                                    Name:  Darvin D. Pierce
                                    Title: Principal

                                 WINDSOR LOAN FUNDING, LIMITED

                                 by Stanfield Capital Partners LLC as its
                                 Investment Manager

                                    by /s/     Christopher A. Bondy
                                       -----------------------------------------
                                    Name:  Christopher A. Bondy
                                    Title: Partner

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00038-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00038-of-00352.parquet"}]]