Document:

<PAGE>

                                                                    Exhibit 10.B
                                                                  Execution Copy

                               FIRST AMENDMENT TO
                  SEVENTH AMENDED AND RESTATED CREDIT AGREEMENT

         This FIRST AMENDMENT TO SEVENTH AMENDED AND RESTATED CREDIT AGREEMENT
dated as of December 1, 2003 (this "First Amendment"), is entered into among
GULFTERRA ENERGY PARTNERS, L.P., a Delaware limited partnership (the
"Borrower"), GULFTERRA ENERGY FINANCE CORPORATION, a Delaware corporation (the
"Co-Borrower"), CREDIT LYONNAIS NEW YORK BRANCH, BNP PARIBAS and WACHOVIA BANK,
NATIONAL ASSOCIATION, as Co-Documentation Agents, FORTIS CAPITAL CORP., as
Syndication Agent, and JPMORGAN CHASE BANK, as Administrative Agent, and the
several banks and other financial institutions signatories hereto, and shall
amend the Seventh Amended and Restated Credit Agreement, dated as of March 23,
1995, as amended and restated through September 26, 2003 (as amended,
supplemented or otherwise modified prior to the date hereof, the "Credit
Agreement"), among the Borrower, the Co-Borrower, the several banks and other
financial institutions (the "Lenders") parties thereto, Credit Lyonnais New York
Branch, BNP Paribas and Wachovia Bank, National Association, as Co-Documentation
Agents, Fortis Capital Corp., as Syndication Agent, and JPMorgan Chase Bank, as
Administrative Agent for the Lenders. Unless otherwise defined or amended
herein, capitalized terms used herein shall have the respective meanings
assigned to them in the Credit Agreement and the other Loan Documents (as
defined in the Credit Agreement).

         WHEREAS, the Borrower has requested that the Lenders modify Section
2.1(d) of the Credit Agreement so that it becomes obsolete upon the repayment in
full of the Initial Term Loans in a manner consistent with Sections 11.18(c)
and(d) and 11.23 of the Credit Agreement;

         WHEREAS, the Borrower has requested that the Lenders modify and amend
the Credit Agreement as more fully described herein;

         WHEREAS, the Lenders are willing to agree to the amendments being
requested by the Borrower, but only on the terms and subject to the conditions
set forth in this First Amendment; and

         WHEREAS, each of the signatories hereto is a party to the Credit
Agreement.

         NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Borrower, the Administrative Agent, the Lenders and each of
the other signatories hereto hereby agree as follows:

         1.       Amendments. The Credit Agreement is hereby amended as follows:

                  (a)      Amendments to Section 1.1.

                                       1
<PAGE>

                           (i)      The following definitions are hereby added
                  to Section 1.1 of the Credit Agreement where alphabetically
                  appropriate:

                                    "First Amendment": the First Amendment to
                           Seventh Amended and Restated Credit Agreement dated
                           as of December 1, 2003 among the Borrower, the
                           Co-Borrower, the Lenders parties thereto, Credit
                           Lyonnais New York Branch, BNP Paribas and Wachovia
                           Bank, National Association, as Co-Documentation
                           Agents, Fortis Capital Corp., as Syndication Agent
                           and JPMorgan Chase Bank, as Administrative Agent for
                           the Lenders.

                           (ii)     The following definitions in Section 1.1 of
                  the Credit Agreement are hereby amended and restated in their
                  entirety as follows:

                                    "Agreement": this Seventh Amended and
                           Restated Credit Agreement, as amended by the First
                           Amendment, and as further amended, supplemented or
                           otherwise modified from time to time.

                  (b)      Amendment to Section 2.1(d). Section 2.1(d) of the
         Credit Agreement is hereby amended and restated in its entirety as
         follows:

                           (d)      In the event that the Applicable Margin set
                           forth in any Term Loan Addendum with respect to any
                           series of Additional Term Loans is more favorable or
                           beneficial to the Term Loan Lenders for such series
                           of Additional Term Loans than the Applicable Margin
                           with respect to any Term Loans outstanding as of the
                           effective date of such Term Loan Addendum, the
                           Applicable Margin with respect to all outstanding
                           Term Loans, without any further action on the part of
                           the Borrower or any further action or approval
                           required of the Administrative Agent or the Lenders,
                           shall be deemed to be amended automatically to
                           provide that the Applicable Margin in such Term Loan
                           Addendum shall apply to all Term Loans outstanding
                           immediately prior to the effective date of such Term
                           Loan Addendum; provided, however, that
                           notwithstanding the foregoing, upon and at any time
                           after the earlier of (i) the repayment in full of the
                           Initial Term Loans and (ii) a written consent,
                           amendment or modification executed by each Initial
                           Term Loan Lender as of the date thereof, and
                           delivered to the Administrative Agent, consenting or
                           agreeing to, or confirming, the substance of this
                           proviso, this Section 2.1(d) shall cease to be
                           effective with respect to any Additional Term Loans,
                           whether outstanding as of such time or thereafter.

         2.       Conditions to Effectiveness. This First Amendment shall become
effective on the date (the "First Amendment Effective Date") on which the
Borrower, the Co-Borrower, the Administrative Agent and the Required Lenders
shall have executed and delivered to the Administrative Agent this First
Amendment.

                                       2
<PAGE>

         3.       Miscellaneous.

                  (a)      Representations and Warranties. After giving effect
         to the effectiveness of this First Amendment, the representations and
         warranties made by the Loan Parties in the Loan Documents are true and
         correct in all material respects on and as of the First Amendment
         Effective Date (unless such representations or warranties are stated to
         refer to a specific earlier date, in which case such representations
         and warranties shall be true and correct in all material respects as of
         such earlier date) as if made on and as of the First Amendment
         Effective Date and no Default or Event of Default will have occurred
         and be continuing.

                  (b)      Payment of Expenses. The Borrower agrees to pay or
         reimburse the Administrative Agent for all of its reasonable
         out-of-pocket costs and expenses incurred in connection with this First
         Amendment, any other documents prepared in connection hereby and the
         transactions contemplated hereby, including, without limitation, the
         reasonable fees and disbursements of counsel to the Administrative
         Agent.

                  (c)      No Other Amendments; Confirmation. Except as
         expressly amended, modified and supplemented hereby, the provisions of
         the Credit Agreement and the other Loan Documents are and shall remain
         in full force and effect.

                  (d)      Governing Law. THIS FIRST AMENDMENT AND THE RIGHTS
         AND OBLIGATIONS OF THE PARTIES HEREBY SHALL BE GOVERNED BY, AND
         CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
         NEW YORK.

                  (e)      Counterparts. This First Amendment may be executed by
         one or more of the parties to this First Amendment on any number of
         separate counterparts (including by telecopy), and all of said
         counterparts taken together shall be deemed to constitute one and the
         same instrument.

                            [Signature Pages Follow.]

                                       3
<PAGE>

         IN WITNESS WHEREOF, the parties hereby have caused this First Amendment
to be duly executed and delivered as of the day and year first above written.

                                                GULFTERRA ENERGY PARTNERS, L.P.

                                                By:    /s/ Keith Forman
                                                       -------------------------
                                                Name:  Keith Forman
                                                Title: Vice President and CFO

                                                GULFTERRA ENERGY FINANCE
                                                CORPORATION

                                                By:    /s/ Keith Forman
                                                       -------------------------
                                                Name:  Keith Forman
                                                Title: Vice President and CFO

                                Signature Page-1
<PAGE>

THE AGENTS AND THE LENDERS:

                                         JPMORGAN CHASE BANK,
                                         as Administrative Agent and as a Lender

                                         By:    /s/ Robert Traband
                                                --------------------------------
                                         Name:  Robert Traband
                                         Title: Vice President

                                Signature Page-2
<PAGE>

                                         CREDIT LYONNAIS NEW YORK BRANCH,
                                         as Co-Documentation and as a Lender

                                         By:    /s/ Olivier Audemard
                                                --------------------------------
                                         Name:  Olivier Audermard
                                         Title: Senior Vice President

                                Signature Page-3
<PAGE>

                                         WACHOVIA BANK, NATIONAL
                                         ASSOCIATION, as Co-Documentation Agent
                                         and as a Lender

                                         By:    /s/ Philip Trinder
                                                --------------------------------
                                         Name:  Philip Trinder
                                         Title: Vice President

                                Signature Page-4
<PAGE>

                                         BNP PARIBAS, as Co-Documentation Agent
                                         and as a Lender

                                         By:    /s/ Mark A. Cox
                                                --------------------------------
                                         Name:  Mark A. Cox
                                         Title: Director

                                         By:    /s/ Greg Smothers
                                                --------------------------------
                                         Name:  Greg Smothers
                                         Title: Vice President

                                Signature Page-5
<PAGE>

                                         BANK ONE, NA (MAIN OFFICE, CHICAGO)

                                         By:    /s/ Jane Bekkeil
                                                --------------------------------
                                         Name:  Jane Bekkeil
                                         Title: Director

                                Signature Page-6
<PAGE>

                                         BANK OF SCOTLAND

                                         By:    /s/ Joseph Fratus
                                                --------------------------------
                                         Name:  Joseph Fratus
                                         Title: First Vice President

                                Signature Page-7
<PAGE>

                                         FLEET NATIONAL BANK

                                         By:    /s/ Terrence Ronan
                                                --------------------------------
                                         Name:  Terrence Ronan
                                         Title: Managing Director

                                Signature Page-8
<PAGE>

                                         THE ROYAL BANK OF SCOTLAND PLC

                                         By:    /s/ Matthew J. Main
                                                --------------------------------
                                         Name:  Matthew J. Main
                                         Title: Senior Vice President

                                Signature Page-9
<PAGE>

                                         THE BANK OF NOVA SCOTIA

                                         By:    /s/ Vicki Gibson
                                                --------------------------------
                                         Name:  Vicki Gibson
                                         Title: Assistant Agent

                               Signature Page-10
<PAGE>

                                         SUNTRUST BANK

                                         By:    /s/ Linda Lee Stanley
                                                --------------------------------
                                         Name:  Linda L. Stanley
                                         Title: Director

                               Signature Page-11
<PAGE>

                                         WELLS FARGO BANK, N.A., (formerly
                                         known as Wells Fargo Bank Texas, N.A.)

                                         By:    /s/ Richard A. Gould
                                                --------------------------------
                                         Name:  Richard A. Gould
                                         Title: Vice President

                               Signature Page-12
<PAGE>

                                         CITICORP USA

                                         By:    /s/ K. Clinton Gerst
                                                --------------------------------
                                         Name:  K. Clinton Gerst
                                         Title: Attorney-in-Fact

                               Signature Page-13
<PAGE>

                                         DEUTSCHE BANK TRUST COMPANY AMERICAS

                                         By:    /s/ Marcus M. Tarkington
                                                --------------------------------
                                         Name:  Marcus M. Tarkington
                                         Title: Director

                               Signature Page-14
<PAGE>

                                         CREDIT SUISSE FIRST BOSTON, ACTING
                                         THROUGH ITS CAYMAN ISLANDS BRANCH

                                         By:    /s/ James. P Moran
                                                --------------------------------
                                         Name:  James P. Moran
                                         Title: Director

                                         By:    /s/ David J. Dodd
                                                --------------------------------
                                         Name:  David J. Dodd
                                         Title: Director

                               Signature Page-15
<PAGE>
                                         MERRILL LYNCH CAPITAL CORPORATION

                                         By:    /s/ Carol J.E. Feeley
                                                --------------------------------
                                         Name:  Carol J. E. Feeley
                                         Title: Vice President

                               Signature Page-16
<PAGE>

                                         RZB FINANCE LLC, CONNECTICUT OFFICE

                                         By:    /s/ John A. Valiska
                                                --------------------------------
                                         Name:  John A. Valiska
                                         Title: Group Vice President

                                         By:    /s/ Elisabeth Hirst
                                                --------------------------------
                                         Name:  Elisabeth Hirst
                                         Title: Assistant Vice President

                               Signature Page-17
<PAGE>

                                         BANK OF AMERICA, N.A.

                                         By:    /s/ Ronald E. McKaig
                                                --------------------------------
                                         Name:  Ronald E. McKaig
                                         Title: Managing Director

                               Signature Page-18
<PAGE>

                                         COMERICA BANK

                                         By:    /s/ Juli Bieser
                                                --------------------------------
                                         Name:  Juli Bieser
                                         Title: Vice President

                               Signature Page-19
<PAGE>

                                         GOLDMAN SACHS CREDIT PARTNERS L.P.

                                         By:    /s/ Elizabeth Fischer
                                                --------------------------------
                                         Name:  Elizabeth Fischer
                                         Title: Authorized Signatory

                               Signature Page-20
<PAGE>

                                         NATEXIS BANQUES POPULAIRES

                                         By:    /s/ Louis P. Laville, III
                                                --------------------------------
                                         Name:  Louis P. Laville, III
                                         Title: Vice President and Group Manager

                                         By:    /s/ Donovan C. Broussard
                                                --------------------------------
                                         Name:  Donovan C. Broussard
                                         Title: Vice President and Manager

                               Signature Page-21
<PAGE>

                                         ROYAL BANK OF CANADA

                                         By:    /s/ R. S. Chang
                                                --------------------------------
                                         Name:  R. S. Chang
                                         Title: Vice President

                               Signature Page-22
<PAGE>

                                         COMPASS BANK

                                         By:    /s/ Kathleen J. Bower
                                                --------------------------------
                                         Name:  Kathleen J. Bower
                                         Title: Vice President

                               Signature Page-23
<PAGE>

                                         SOUTHWEST BANK OF TEXAS, N.A.

                                         By:    /s/ W. Bryan Chapman
                                                --------------------------------
                                         Name:  W. Bryan Chapman
                                         Title: Senior Vice President Energy
                                                Lending

                               Signature Page-24<PAGE>

                                                                    Exhibit 10.C

             TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

         Pursuant to subsection 2.1(c) of the Seventh Amended and Restated
Credit Agreement, dated as of March 23, 1995, as amended and restated through
September 26, 2003, among GulfTerra Energy Partners, L.P., a Delaware limited
partnership (the "Borrower"), GulfTerra Energy Finance Corporation, a Delaware
corporation (the "Co-Borrower"), the several banks and other financial
institutions from time to time parties thereto (the "Lenders"), and JPMorgan
Chase Bank, as administrative agent (the "Administrative Agent"), as amended by
that certain First Amendment to Seventh Amended and Restated Credit Agreement
dated as of December 1, 2003, by and among the Borrower, the Co-Borrower, the
Lenders parties thereto and the Administrative Agent (as so amended, the "Credit
Agreement"), the undersigned hereby execute this Term Loan Addendum dated as of
December 10, 2003 (this "Addendum"). Capitalized terms used herein and not
defined herein shall have the meanings assigned to such terms in the Credit
Agreement.

         In consideration of the premises and the mutual covenants contained
herein, the parties hereto hereby agree as follows:

         1.       Subject to the terms and conditions hereof and in the Credit
Agreement, each Additional Term Loan Lender party to this Addendum agrees to
make, on the Additional Term Loan Closing Date, term loans (the "Series B-1
Additional Term Loans") to the Borrower in an aggregate principal amount not to
exceed such Lender's Additional Term Loan Commitment set forth on Schedule I
attached hereto under the heading "Series B-1 Additional Term Loan Commitment".
Once repaid, the Series B-1 Additional Term Loans may not be reborrowed.

         2.       The Borrower hereby unconditionally promises to pay to the
Administrative Agent for the account of each Additional Term Loan Lender party
to this Addendum (a) in semi- annual installments beginning on the date six
months following the Additional Term Loan Closing Date for the Series B-1
Additional Term Loans and ending on the date six months prior to the Additional
Term Loan Maturity Date (as defined below), an amount equal to $1,500,000 for
each installment and (b) the then unpaid principal amount of each Series B-1
Additional Term Loan on the Additional Term Loan Maturity Date.

         3.       The "Applicable Margin" for the Series B-1 Additional Term
Loans shall be on any day and with respect to any Series B-1 Additional Term
Loans that are Alternate Base Rate Loans, 1.25% per annum and for any Series B-1
Additional Term Loans that are Eurodollar Loans, 2.25% per annum.

         4.       The "Additional Term Loan Maturity Date" for the Series B-1
Additional Term Loans shall be December 10, 2008.

         5.       The "Additional Term Loan Closing Date" for the Series B-1
Additional Term Loans is December 10, 2003, which is the date on which the
conditions set forth in Section 6.3 of the Credit Agreement were first satisfied
or waived in respect of the Series B-1 Additional Term Loans.

                                       1
<PAGE>

         6.       Each Additional Term Loan Lender party to this Addendum hereby
acknowledges that it has received and reviewed a copy (in execution form) of the
Credit Agreement, and agrees, effective as of the Additional Term Loan Closing
Date, to:

         (a)      join the Credit Agreement as an Additional Term Loan Lender
                  thereunder;

         (b)      be bound by all the terms in the Credit Agreement, other Loan
                  Documents existing as of the date hereof and any other Loan
                  Document to which it is a party; and

         (c)      perform all obligations required of it by the Credit Agreement
                  and any other Loan Document to which it is a party, including,
                  if it is organized under the laws of a jurisdiction outside
                  the United States, its obligation pursuant to Section 4.10 of
                  the Credit Agreement to deliver the forms prescribed by the
                  Internal Revenue Service of the United States certifying as to
                  such Additional Term Loan Lender's exemption from United
                  States withholding taxes with respect to all payments to be
                  made to such Additional Term Loan Lender under the Credit
                  Agreement, or such other documents as are necessary to
                  indicate that all such payments are subject to such tax at a
                  rate reduced by an applicable tax treaty.

         7.       Subject to Article X of the Credit Agreement, each Additional
Term Loan Lender party to this Addendum hereby irrevocably designates and
appoints JPMorgan as the Administrative Agent of such Lender under the Credit
Agreement, this Addendum and the other Loan Documents, and each such Lender
irrevocably authorizes JPMorgan, as the Administrative Agent for such Lender, to
take such action on its behalf under the provisions of the Credit Agreement,
this Addendum and the other Loan Documents and to exercise such powers and
perform such duties as are expressly delegated to the Administrative Agent by
the terms of the Credit Agreement, this Addendum and the other Loan Documents,
together with such other powers as are reasonably incidental thereto.

         8.       Subject to Article XII of the Credit Agreement, each
Additional Term Loan Lender party to this Addendum hereby irrevocably designates
and appoints JPMorgan as the Collateral Agent of such Lender under the Credit
Agreement, this Addendum and the other Loan Documents, and each such Lender
irrevocably authorizes JPMorgan, as the Collateral Agent for such Lender, to
take such action on its behalf under the provisions of the Credit Agreement,
this Addendum and the other Loan Documents and to exercise such powers and
perform such duties as are expressly delegated to the Collateral Agent by the
terms of the Credit Agreement, this Addendum and the other Loan Documents,
together with such other powers as are reasonably incidental thereto.

         9.       Each Additional Term Loan Lender party to this Addendum hereby
consents and agrees (i) to the provisions of the Intercreditor Agreement,
including the indemnity provisions set forth in Section 6 thereof and (ii) that
the address for notices under Section 11.2 of the Credit Agreement to such
Additional Term Loan Lender is specified in Schedule I attached hereto.

         10.      THIS ADDENDUM AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
UNDER THIS ADDENDUM SHALL BE GOVERNED BY, AND CONSTRUED

                                       2
<PAGE>

AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

         11.      This Addendum may be executed by one or more of the parties to
this Addendum on any number of separate counterparts, and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument. A set of the copies of this Addendum signed by all the parties shall
be lodged with the Borrower and the Administrative Agent.

                      [Signature Pages Begin on Next Page]

                                       3
<PAGE>

         IN WITNESS WHEREOF, the undersigned has executed this Addendum as of
the 10th day of December, 2003.

                                    BORROWER:

                                    GULFTERRA ENERGY PARTNERS, L.P.

                                    By: /s/ Keith B. Forman
                                    Name:Keith B. Forman

                                    Title: Vice President and Chief Financial
                                    Officer

                                    CO-BORROWER:

                                    GULFTERRA ENERGY FINANCE
                                    CORPORATION

                                    By:     /s/ Keith B. Forman
                                            ------------------------------------
                                    Name:   Keith B. Forman

                                    Title:  Vice President and Chief Financial
                                            Officer

                                    ADMINISTRATIVE AGENT:

                                    JPMORGAN CHASE BANK,

                                    AS ADMINISTRATIVE AGENT

                                    By:     /s/ Robert W. Traband
                                            ------------------------------------
                                    Name:   Robert W. Traband

                                    Title:  Vice President

                                    Signature Page 1
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    JPMORGAN CHASE BANK

                                    By:     /s/ Robert W. Traband
                                            ------------------------------------

                                    Name:   Robert W. Traband

                                    Title:  Vice President

                                Signature Page 2
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    FORTIS CAPITAL CORP.

                                    By:     /s/ Darrell W. Holley
                                            --------------------------------

                                    Name:   Darrell W. Holley

                                    Title:  Managing Director

                                    By:     /s/ Deirdre Sanborn
                                            --------------------------------

                                    Name:   Deirdre Sanborn

                                    Title:  Vice President

                                    Signature Page 3
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    BANK ONE, NA (MAIN OFFICE, CHICAGO)

                                    By:     /s/ Jane Bekkeil
                                            ------------------------------------

                                    Name:   Jane Bekkeil

                                    Title:  Director

                                   Signature Page 4
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    BANK OF SCOTLAND

                                    By:     /s/ Susan E. Hay
                                            ------------------------------------

                                    Name:   Susan E. Hay

                                    Title:  Director, Business Services

                                    Signature Page 5
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    SUNTRUST BANK

                                    By:     /s/ Mary Crawford Owen
                                            ------------------------------------

                                    Name:   Mary Crawford Owen

                                    Title:  Vice President

                                    Signature Page 6
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    SOUTHWEST BANK OF TEXAS, N.A.

                                    By:     /s/ W. Bryan Chapman
                                            ------------------------------------

                                    Name:   W. Bryan Chapman

                                    Title:  Senior Vice President Energy Lending

                                    Signature Page 7
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    NEWCOURT CAPITAL USA INC.

                                    By:     /s/ R. Clifford Wilson III
                                            ------------------------------------

                                    Name:   R. Clifford Wilson III

                                    Title:  Senior Vice President

                                    Signature Page 8
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    GULF STREAM COMPASS CLO 2002-1

                                    By:     Gulf Stream Asset Management, LLC

                                    By:     /s/ Barry Love
                                            ------------------------------------

                                    Name:   Barry Love

                                    Title:  Chief Credit Officer

                                Signature Page 9
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    SOCIETE GENERALE

                                    By:     /s/ Michael Nitka
                                            ------------------------------------

                                    Name:   Michael Nitka

                                    Title:  Director

                               Signature Page 10
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    FIRST DOMINION FUNDING II

                                    By:     /s/ David H. Lerner
                                            ------------------------------------
                                    Name:   David H. Lerner

                                    Title:  Authorized Signatory

                               Signature Page 11
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                                    FIRST DOMINION FUNDING III

                                    By:     /s/ David H. Lerner
                                            ------------------------------------
                                    Name:   David H. Lerner

                                    Title:  Authorized Signatory

                               Signature Page 12
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

                        SCHEDULE I TO TERM LOAN ADDENDUM
                      FOR SERIES B-1 ADDITIONAL TERM LOANS

         SERIES B-1 ADDITIONAL TERM LOAN LENDERS, SERIES B-1 ADDITIONAL
                 TERM LOAN COMMITMENTS AND ADDITIONAL TERM LOAN
                             COMMITMENT PERCENTAGES

<TABLE>
<CAPTION>
                                                                           SERIES B-1
SERIES B-1 ADDITIONAL TERM LOAN LENDER      SERIES B-1 ADDITIONAL       ADDITIONAL TERM
    NAME AND ADDRESS FOR NOTICES                  TERM LOAN           LOAN COMMITMENT
                                                 COMMITMENT               PERCENTAGE
-----------------------------------------------------------------------------------------
<S>                                             <C>                        <C>
JPMORGAN CHASE BANK                             $142,250,000               47.4167%

600 Travis - 20th Floor
Houston, Texas 77002
Attention: Robert Traband
Telephone: 713-216-1081
Fax: 713-216-8870

with a copy to:
J.P. Morgan Securities Inc.
600 Travis, CTH/86
Houston, TX 77002
Attn: George Serice
Telephone: 713-216-8079
Fax: 713-216-4583
-----------------------------------------------------------------------------------------
FORTIS CAPITAL CORP.                             $25,000,000                8.3333%

100 Crescent Court
Suite 1750
Dallas, Texas 75201
Attention: Darrell Holley
Telephone: 214-754-0009
Fax: 214-754-5981
-----------------------------------------------------------------------------------------
BANK ONE, NA                                     $30,000,000               10.0000%

One Bank One Plaza
Chicago, Illinois 60670
Attention: Ron Cromey
Telephone: 312-385-7025
Fax: 312-732-7096
-----------------------------------------------------------------------------------------
</TABLE>

                                     Page 1
                                 SCHEDULE I TO
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

<PAGE>

<TABLE>
<CAPTION>
                                                                           SERIES B-1
SERIES B-1 ADDITIONAL TERM LOAN LENDER      SERIES B-1 ADDITIONAL       ADDITIONAL TERM
    NAME AND ADDRESS FOR NOTICES                  TERM LOAN           LOAN COMMITMENT
                                                 COMMITMENT               PERCENTAGE
-----------------------------------------------------------------------------------------
<S>                                         <C>                       <C>
BANK OF SCOTLAND                            $20,000,000                   6.6667%

1021 Main Street, Suite 1370
Houston, Texas 77002
Attention: Byron L. Cooley
Telephone: 713-650-0036
Fax: 713-651-9714

with copy to:
565 Fifth Avenue
New York, NY 10017
Attention: Shirley Vargas
Telephone: 212-450-0875
Fax: 212-479-2807
-----------------------------------------------------------------------------------------
SUNTRUST BANK                               $30,000,000                  10.0000%

303 Peachtree Street N.E.
10th Floor, MC 1929
Atlanta, Georgia 30308
Attention: Joe McCreery
Telephone: 404-532-0274
Fax: 404-827-6270
-----------------------------------------------------------------------------------------
SOUTHWEST BANK OF TEXAS, N.A.               $10,000,000                   3.3333%

4400 Post Oak Parkway
Houston, Texas 77027
Attention: Bryan Chapman
Telephone: 713-232-2026
Fax: 713-561-0345
-----------------------------------------------------------------------------------------
NEWCOURT CAPITAL USA INC.                   $20,000,000                   6.6667%

1211 Avenue of the Americas
22nd Floor
New York, New York 10036
Attention: Portfolio Administrator
Telephone: 212 382 7800
Fax: 212 382 9033
-----------------------------------------------------------------------------------------
GULF STREAM COMPASS CLO 2002-1              $2,921,626.98                 0.9739%

c/o Gulf Stream Asset Management, LLC
4201 Congress Street, Ste. 475
Charlotte, North Carolina 28209
Attention: Steve Riddell
Telephone: 704-552-8476
-----------------------------------------------------------------------------------------
</TABLE>

                                     Page 2
                                 SCHEDULE I TO
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS
<PAGE>

<TABLE>
<CAPTION>
                                                                           SERIES B-1
SERIES B-1 ADDITIONAL TERM LOAN LENDER      SERIES B-1 ADDITIONAL       ADDITIONAL TERM
    NAME AND ADDRESS FOR NOTICES                  TERM LOAN           LOAN COMMITMENT
                                                 COMMITMENT               PERCENTAGE
-----------------------------------------------------------------------------------------
<S>                                        <C>                        <C>
Fax: 704-552-7744
-----------------------------------------------------------------------------------------
SOCIETE GENERALE                               $ 15,000,000                5.0000%

1111 Bagby, Suite 2020
Houston, Texas 77002
Attention: Elizabeth Hunter
Telephone: 713-759-6330
Fax: 713-650-0824

-----------------------------------------------------------------------------------------
FIRST DOMINION FUNDING II                      $  2,890,873.02             0.9636%

Credit Suisse Asset Management
466 Lexington Avenue, 17th Floor
New York, NY 10017
Attention: Vance Shaw
Phone: 212-201-9043
Fax: 212-983-4118

-----------------------------------------------------------------------------------------
FIRST DOMINION FUNDING III                     $  1,937,500                0.6458%

Credit Suisse Asset Management
466 Lexington Avenue, 17th Floor
New York, NY 10017
Attention: Vance Shaw
Phone: 212-201-9043
Fax: 212-983-4118

-----------------------------------------------------------------------------------------
TOTAL                                          $300,000,000.00           100.0000%
-----------------------------------------------------------------------------------------
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                                     Page 3
                                 SCHEDULE I TO
            TERM LOAN ADDENDUM FOR SERIES B-1 ADDITIONAL TERM LOANS

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}]]