Document:

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                                                                    EXHIBIT 4.22

                                                               EXECUTION VERSION

                        FIRST AMENDMENT TO LOAN AGREEMENT
                        ---------------------------------

            THIS FIRST AMENDMENT TO LOAN AGREEMENT (this "Amendment"), dated as
                                                          ---------
of June 15, 2001, is by and among Steelcase SAS, a Societe par Actions
Simplifie organized and existing under the laws of the Republic of France (the
"Borrower"), Steelcase Inc., a Michigan corporation (the "Guarantor"), and
 --------                                                 ---------
Societe Generale, a bank organized and existing under the laws of the Republic
of France, acting through its Chicago Branch (the "Lender").
                                                   ------

            WHEREAS, the Borrower, the Guarantor and the Lender are parties to
that certain Loan Agreement dated as of April 9, 1999 (as amended hereby and
from time to time hereafter amended, restated, supplemented or otherwise
modified and in effect, the "Loan Agreement"), pursuant to which the Lender has
                             --------------
made certain loans to the Borrower; and

            WHEREAS, the Borrower and the Guarantor have requested that the
Lender amend certain provisions of the Loan Agreement, and the Lender is willing
to so amend the Loan Agreement pursuant to the terms and conditions set forth in
this Amendment.

            NOW, THEREFORE, in consideration of the premises and the mutual
covenants hereinafter contained, the parties hereto agree as follows:

            1.   Defined Terms. Capitalized terms used but not defined herein
                 -------------
shall have the meanings ascribed to such terms in the Loan Agreement.

            2.   Amendment of Loan Agreement. The Loan Agreement is hereby
                 ---------------------------
amended as follows:

                 (a) Section 10.1.1. Section 10.1.1 is hereby amended by
                     --------------
deleting clause (x) in its entirety and inserting the following new clause (x):

                  "(x) Liens on receivables securing Indebtedness of Steelcase
                  Financial Services Inc. ("SFSI") or any Subsidiary of SFSI, so
                                            ----
                  long as the obligations of SFSI or such Subsidiary secured by
                  such Liens are nonrecourse to the Guarantor or any of its
                  Subsidiaries other than SFSI or such Subsidiary, provided that
                  the Guarantor may enter into, and be liable in respect to, a
                  limited performance guaranty regarding the accuracy of any
                  customary representations and warranties made by SFSI or such
                  Subsidiary in respect of such receivables and the billing,
                  monitoring and collection functions of SFSI or such
                  Subsidiary, as servicer, in respect of such receivables, and
                  provided further that at any time, the aggregate outstanding
                  amount of Indebtedness of SFSI and its Subsidiaries that is
                  secured by such receivables does not exceed $500,000,000."

<PAGE>

                  (b) Section 10.2.1. Section 10.2.1 is hereby deleted in its
                      --------------
entirety and replaced with the following new Section 10.2.1:

                  "10.2.1 Minimum Net Worth. The Guarantor shall not permit at
                          -----------------
                  any time Net Worth to be less than the sum of (i) Net Worth as
                  of February 25, 2000, plus (ii) 25% of Net Income (if a
                  positive number) from February 25, 2000 to the then most
                  recent fiscal year end or second fiscal quarter end, plus
                  (iii) all Additions to Capital from February 25, 2000 to the
                  then most recent fiscal year end or second fiscal quarter
                  end."

                  (c) Section 10.2.2. Section 10.2.2 is hereby deleted in its
                      --------------
entirety and replaced with the following new Section 10.2.2:

                  "10.2.2 Maximum Debt Ratio. The Guarantor will not permit at
                          ------------------
                  any time the ratio of (i) Debt of the Guarantor and its
                  Subsidiaries on a consolidated basis to (ii) EBITDA, for each
                  period consisting of the most recently ended four consecutive
                  fiscal quarters of the Guarantor, to exceed 3.25 to 1.00."

                  (d) Section 10.2.3. Section 10.2.3 is hereby deleted in its
                      --------------
entirety and replaced with the following new Section 10.2.3:

                  "10.2.3 Minimum Interest Coverage Ratio. The Guarantor shall
                          -------------------------------
                  not permit the ratio of (A) EBITDA to (B) interest expense of
                  the Guarantor and its Subsidiaries on a consolidated basis, in
                  each case for the four fiscal quarters ending on the last day
                  of any fiscal quarter of the Guarantor to be less than
                  4.50:1.00."

                  (e) Section 12.1.6. Section 12.1.6 is hereby deleted in its
                      --------------
entirety and replaced with the following new Section 12.1.6:

                  "12.1.6 Cross Defaults. The Guarantor or any of its
                          --------------
                  Subsidiaries shall fail to pay any principal of or premium or
                  interest on any Debt which is outstanding in a principal
                  amount of at least $25,000,000 in the aggregate (but excluding
                  Debt arising under this Agreement) of the Guarantor or such
                  Subsidiary (as the case may be), when the same becomes due and
                  payable (whether by scheduled maturity, required prepayment,
                  acceleration, demand or otherwise), and such failure shall
                  continue after the applicable grace period, if any, specified
                  in the agreement or instrument relating to such Debt; or the
                  Guarantor or any of its Subsidiaries shall fail to perform or
                  observe any other agreement, term or condition contained in
                  any agreement or instrument relating to any such Debt (or if
                  any other event or condition of default under any such
                  agreement or instrument shall exist) and such failure, event
                  or condition shall continue after the applicable grace period,
                  if any, specified in such agreement or instrument, if the
                  effect of such failure, event or condition is to accelerate,
                  or to permit the acceleration of, the maturity of such Debt;
                  or

                                       -2-

<PAGE>

                any such Debt shall be declared to be due and payable as a
                result of such failure, event or condition."

          3.    Representations and Warranties. In order to induce the Lender to
                ------------------------------
enter into this Amendment, each of the Borrower and the Guarantor hereby
represents and warrants to the Lender that:

                (a) Power; Authority. It is validly existing in the jurisdiction
                    ----------------
in which it has been organized; it has the power and authority to enter into
this Amendment; and this Amendment constitutes its legal, valid and binding
obligations and is enforceable against it in accordance with its terms.

                (b) No Default. After giving effect to this Amendment, no Event
                    ----------
of Default shall have occurred and be continuing.

          4.    Ratification. Each of the Guaranty and, except as specifically
                ------------
amended hereby, the Loan Agreement shall remain unchanged and continue in full
force and effect and the Borrower and the Guarantor hereby ratify and confirm
such Loan Agreement. After the execution of this Amendment by all parties, any
references to the "Loan Agreement" or the "Agreement" in the Loan Agreement, the
Note, the Guaranty, the Participation Agreement or any other document in
connection therewith shall be to the Loan Agreement, as amended hereby.

          5.    Miscellaneous.
                -------------

                (a) Successors and Assigns. This Amendment shall be binding upon
                    ----------------------
and shall be enforceable by the Borrower, the Lender and their respective
permitted successors and assigns; provided that the Borrower shall have no right
to assign or transfer its rights or obligations hereunder without the prior
written consent of the Lender. The terms and provisions of this Amendment are
for the purpose of defining the relative rights and obligations of Borrower and
Lender with respect to the transactions contemplated hereby and there shall be
no third party beneficiaries of any of the terms and provisions of this
Amendment.

                (b) Entire Agreement. This Amendment and all documents referred
                    ----------------
to herein constitute the entire agreement of the parties hereto with respect to
the subject matter hereof and supersede any prior expressions of intent or
understandings with respect to this Amendment.

                (d) Headings. Section headings in this Amendment are included
                    --------
herein for convenience of reference only and shall not constitute a part of this
Amendment for any other purpose.

                (e) Severability. Wherever possible, each provision of this
                    ------------
Amendment shall be interpreted in such a manner as to be effective and valid
under applicable law, but if any provision of this Amendment shall be prohibited
by or invalid under applicable law, such provision shall be ineffective to the
extent of such prohibition or invalidity, without invalidating the remainder of
such provision or the remaining provisions of this Amendment.

                (g) Counterparts. This Amendment may be executed in any number
                    ------------
of separate counterparts, each of which shall collectively and separately
constitute one agreement.

                                      -3-

<PAGE>

Delivery of an executed counterpart of a signature page to this Amendment by
telecopy shall be effective as delivery of a manually executed counterpart of
this Amendment.

                            [signature page follows]

                                      -4-

<PAGE>

              IN WITNESS WHEREOF, this First Amendment to Loan Agreement has
been duly executed as of the date first written above.

                                          STEELCASE SAS,
                                          as Borrower

                                          By:    /s/ Yvan Stehly
                                                 -----------------------------

                                          Name:  Stehly Yvan
                                                 -----------------------------

                                          Title: Chief Executive Officer
                                                 -----------------------------

                                          STEELCASE INC.,
                                          as Guarantor

                                          By:    /s/  Gary P. Malburg
                                                 -----------------------------

                                          Name:  Gary P. Malburg
                                                 -----------------------------

                                          Title: Vice President & Treasurer
                                                 -----------------------------

                                          SOCIETE GENERALE,
                                          as Lender

                                          By:    /s/  II-
                                                 -----------------------------

                                          Name:  Eric E.O.Siebert Jr.
                                                 -----------------------------

                                          Title: Director
                                                 -----------------------------

                      [First Amendment to Loan Agreement]<PAGE>

                                                                    EXHIBIT 4.23

                                                                  EXECUTION COPY

                       SECOND AMENDMENT TO LOAN AGREEMENT

          THIS SECOND AMENDMENT TO LOAN AGREEMENT (this "Amendment"), dated as
                                                         ---------
of November 12, 2001, is by and among Steelcase SAS, a Societe par Actions
Simplifiee organized and existing under the laws of the Republic of France (the
"Borrower"), Steelcase Inc., a Michigan corporation (the "Guarantor"), and
 --------                                                 ---------
Societe Generale, a bank organized and existing under the laws of the Republic
of France, acting through its Chicago Branch (the "Lender").
                                                   ------

          WHEREAS, the Borrower, the Guarantor and the Lender are parties to
that certain Loan Agreement dated as of April 9, 1999, as amended by that
certain First Amendment to Loan Agreement dated as of June 15, 2001 (as further
amended hereby and from time to time hereafter amended, restated, supplemented
or otherwise modified and in effect, the "Loan Agreement"), pursuant to which
                                          --------------
the Lender has made certain loans to the Borrower; and

          WHEREAS, the Borrower and the Guarantor have requested that the Lender
amend certain provisions of the Loan Agreement, and the Lender is willing to so
amend the Loan Agreement pursuant to the terms and conditions set forth in this
Amendment.

          NOW, THEREFORE, in consideration of the premises and the mutual
covenants hereinafter contained, the parties hereto agree as follows:

          1.   Defined Terms. Capitalized terms used but not defined herein
               -------------
shall have the meanings ascribed to such terms in the Loan Agreement.

          2.   Amendment of Loan Agreement. The Loan Agreement is hereby amended
               ---------------------------
as follows:

               (a)  Section 1.51. Section 1.51 is hereby deleted in its entirety
                    ------------
and the following is substituted in lieu thereof:

               "1.51 'Net Worth' means, at any time, minority interests,
                      ---------
               preferred stock and common stock and other equity, as shown on
               the consolidated balance sheet of the Guarantor and its
               Subsidiaries for the then most recently completed fiscal quarter
               of the Guarantor; provided that there shall be excluded from the
                                 --------
               calculation of Net Worth (i) any unrealized gains or losses (net
               of taxes) on securities available for sale and (ii) non-recurring
               non-cash charges attributable to the implementation of SFAS 142
               not in excess of $150,000,000 in the aggregate for any fiscal
               year."

               (b)  Section 10.2.1.  Section 10.2.1 is hereby deleted in its
                    --------------
entirety and the following is substituted in lieu thereof:

<PAGE>

               "10.2.1  Minimum Net Worth. The Guarantor will not permit at any
                        -----------------
               time Net Worth to be less than the difference between (a) the sum
               of (i) Net Worth as of February 25, 2000, plus (ii) 25% of Net
                                                         ----
               Income (if a positive number) from February 25, 2000 to the then
               most recent fiscal year end or fiscal second quarter end, plus
                                                                         ----
               (iii) all Additions to Capital from February 25, 2000 to the then
               most recent fiscal year end or fiscal second quarter end, and (b)
               $150,000,000."

          3.   Representations and Warranties. In order to induce the Lender to
               ------------------------------
enter into this Amendment, each of the Borrower and the hereby represents and
warrants to the Lender that:

               (a)  Power; Authority. It is validly existing in the jurisdiction
                    ----------------
in which it has been organized; it has the power and authority to enter into
this Amendment; and this Amendment constitutes its legal, valid and binding
obligations and is enforceable against it in accordance with its terms.

               (b)  No Default. After giving effect to this Amendment, no Event
                    ----------
of Default shall have occurred and be continuing.

          4.   Ratification. Each of the Guaranty and, except as specifically
               ------------
amended hereby, the Loan Agreement shall remain unchanged and continue in full
force and effect and the Borrower and the Guarantor hereby ratify and confirm
such Loan Agreement. After the execution of this Amendment by all parties, any
references to the "Loan Agreement" or the "Agreement" in the Loan Agreement, the
Note, the Guaranty, the Participation Agreement or any other document in
connection therewith shall be to the Loan Agreement, as amended hereby.

          5.   Miscellaneous.
               -------------

               (a)  Successors and Assigns. This Amendment shall be binding upon
                    ----------------------
and shall be enforceable by the Borrower, the Lender and their respective
permitted successors and assigns; provided that the Borrower shall have no right
to assign or transfer its rights or obligations hereunder without the prior
written consent of the Lender. The terms and provisions of this Amendment are
for the purpose of defining the relative rights and obligations of Borrower and
Lender with respect to the transactions contemplated hereby and there shall be
no third party beneficiaries of any of the terms and provisions of this
Amendment.

               (b)  Entire Agreement. This Amendment and all documents referred
                    ----------------
to herein constitute the entire agreement of the parties hereto with respect to
the subject matter hereof and supersede any prior expressions of intent or
understandings with respect to this Amendment.

               (d)  Headings. Section headings in this Amendment are included
                    --------
herein for convenience of reference only and shall not constitute a part of this
Amendment for any other purpose.

               (e)  Severability. Wherever possible, each provision of this
                    ------------
Amendment shall be interpreted in such a manner as to be effective and valid
under applicable

                                       -2-

<PAGE>

law, but if any provision of this Amendment shall be prohibited by or invalid
under applicable law, such provision shall be ineffective to the extent of such
prohibition or invalidity, without invalidating the remainder of such provision
or the remaining provisions of this Amendment.

               (g)  Counterparts. This Amendment may be executed in any number
                    -------------
of separate counterparts, each of which shall collectively and separately
constitute one agreement. Delivery of an executed counterpart of a signature
page to this Amendment by telecopy shall be effective as delivery of a manually
executed counterpart of this Amendment.

                            [signature page follows]

                                       -3-

<PAGE>

          IN WITNESS WHEREOF, this Second Amendment to Loan Agreement has been
duly executed as of the date first written above.

                                        STEELCASE SAS,
                                        as Borrower

                                        By:     /s/ Yvan Stehly
                                               ---------------------------------

                                        Name:   Stehly Yvan
                                               ---------------------------------

                                        Title:  President
                                               ---------------------------------

                                        STEELCASE INC.,
                                        as Guarantor

                                        By:     /s/ Gary P. Malburg
                                               ---------------------------------

                                        Name:   Gary P. Malburg
                                               ---------------------------------

                                        Title:  Vice President & Treasurer
                                               ---------------------------------

                                        SOCIETE GENERALE,
                                        as Lender

                                        By:     /s/ II -
                                               ---------------------------------

                                        Name:   Eric E.O.Siebert Jr.
                                               ---------------------------------

                                        Title:  Director
                                               ---------------------------------

                      [Second Amendment to Loan Agreement]

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