Document:

EXHIBIT 10.17(1)

                          FIRST AMENDMENT AND AGREEMENT

      THIS FIRST AMENDMENT AND AGREEMENT is made as of the 23rd day of June,
1998, by and among FLEET PRECIOUS METALS INC., a Rhode Island corporation with
its offices at 111 Westminster Street, Providence, RI 02903 ("Consignor");
TECHNITROL, INC., a Pennsylvania corporation with offices at 1210 Northbrook
Drive, Suite 385, Trevose, PA 19053 ("Technitrol"); and ADVANCED METALLURGY,
INCORPORATED, a Pennsylvania corporation with its principal office at Murray
Corporate Park, 1003 Corporate Drive, Export, PA 15632 ("Advanced" and together
with Technitrol, "Customer").

                                   WITNESSETH:

      WHEREAS, Consignor and Customer are parties to a certain Consignment
Agreement dated December 18, 1997 (the "Consignment Agreement"), pursuant to
which Consignor has agreed to consign certain precious metals to Customer upon
the terms and conditions specified therein; and

      WHEREAS, the parties desire to amend certain provisions of the Consignment
Agreement in order to clarify the intent of the parties with respect to such
provisions.

      NOW THEREFORE, for value received and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree as follows:

      1. The second sentence of Paragraph 1 of the Consignment Agreement is
amended hereby in its entirety to read as follows:

            "EXCEPT AS PROVIDED ABOVE, AND EXCEPT FOR A WARRANTY THAT CONSIGNOR
            SHALL HAVE TITLE TO THE COMMODITIES AT THE TIME THAT CUSTOMER SHALL
            PURCHASE SUCH COMMODITIES FROM CONSIGNOR AND WITHDRAW SUCH
            COMMODITIES FROM CONSIGNMENT AS HEREINAFTER PROVIDED, CONSIGNOR
            MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED,
            AS TO MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR ANY OTHER
            MATTER, AND CONSIGNOR DISCLAIMS ALL SUCH WARRANTIES."

      2. The first sentence of Paragraph 3(b) of the Consignment Agreement is
amended hereby in its entirety to read as follows:

            "At such time as Customer requests the consignment and delivery of
            commodities, it shall become obligated to pay a market premium per
            troy ounce for gold, silver or palladium and per pound for copper,
            such market premium to be announced by Consignor at the lime of such
            consignment ("Market Premium")."

      3. Paragraph 4 of the Consignment Agreement is amended hereby in its
entirety to read as follows:

            "4. Maintenance of Consignment Limit. If the value of commodities on
            consignment at any time exceeds the Consignment Limit,

<PAGE>

            Customer will promptly either (a) purchase and withdraw from
            consignment (and make payment to Consignor as provided in Paragraph
            3), a quantity of consigned commodities which has an aggregate value
            sufficient to result in the value of the remaining consigned
            commodities to be less titan the Consignment Limit, or (b) deliver
            to Consignor sufficient of such consigned commodities to achieve the
            same result Any such delivery shall be at Customer's expense and
            risk."

      4. Paragraph 7(b) of the Consignment Agreement is amended hereby in its
entirety to read as follows:

            "(b) Not create, incur, assume or suffer to exist any mortgage,
            security interest, pledge, lien or other encumbrance on any of the
            consigned commodities or on any products or inventory which contains
            consigned commodities."

      5. Paragraph 9(a) of the Consignment Agreement is amended hereby in its
entirety to read as follows:

            "(a) default in the payment or performance of any of Customer's
            material obligations or agreements hereunder which, in the case of a
            performance default is not cured within thirty (30) days after
            written notice of such default from Consignor."

      6. Except as amended hereby, the Consignment Agreement and all agreements,
instruments and documents executed in connection therewith, shall remain in full
force and effect and are in all respects hereby ratified and affirmed.

      7. Customer, by its signature below, acknowledges and confirms that there
are no defenses, claims or setoffs available to the Customer which would operate
to limit its obligations under the Consignment Agreement or any other agreement,
instrument or document executed by Customer in connection therewith.

         IN WITNESS WHEREOF, the undersigned parties have caused this First
Amendment and Agreement to be executed by their duty authorized officers as of
the date first above written.

WITNESS:                                TECHNITROL, INC.

/s/ Roberta Eve Fournier                By: /s/ Drew A. Moyer
-------------------------------            ----------------------------------
                                        Name:      Drew A. Moyer
                                             --------------------------------
                                        Title:     Secretary
                                              -------------------------------

                                      -2-
<PAGE>

WITNESS:                                ADVANCED METALLURGY, INC.

                                        By:  /s/ James J. Rafferty, Jr.
-------------------------------           -----------------------------------
                                        Name:      James J. Rafferty, Jr.
                                             --------------------------------
                                        Title:     President
                                              -------------------------------

WITNESS:                                FLEET PRECIOUS METALS, INC.

/s/ Diane L. Haley                      By:  /s/ W. Timothy Coggins
-------------------------------           -----------------------------------
                                        Name:      W. Timothy Coggins
                                             --------------------------------
                                        Title:     Vice President
                                              -------------------------------

WITNESS:                                ADVANCED METALLURGY, INC.

/s/  Diane L. Haley                     By:  /s/ Alisa Loiselle
--------------------------------          -----------------------------------
                                        Name:      Alisa Loiselle
                                             --------------------------------
                                        Title:     ALP
                                              -------------------------------

                                      -3-EXHIBIT 10.17(2)

                         SECOND AMENDMENT AND AGREEMENT

      THIS SECOND AMENDMENT AND AGREEMENT is made as of the 25th day of
September, 2000, by and among FLEET PRECIOUS METALS INC., a Rhode Island
corporation with its offices at 111 Westminster Street, Providence, RI 02903
("Consignor"); TECHNITROL, INC., a Pennsylvania corporation with offices at 1210
Northbrook Drive, Suite 385, Trevose, PA 19053 ("Technitrol"); and AMI DODUCO,
INC., a Pennsylvania corporation formerly known as Advanced Metallurgy,
Incorporated, with its principal office at Murray Corporate Park, 1003 Corporate
Drive, Export, PA 15632 ("AMI" and together with Technitrol, "Customer").

                                   WITNESSETH:

      WHEREAS, Consignor and Customer are parties to a certain Consignment
Agreement dated December 18, 1997, as amended as of June 23, 1998 (the
"Consignment Agreement"), pursuant to which Consignor has agreed to consign
certain precious metals to Customer upon the terms and conditions specified
therein; and

      WHEREAS, the parties desire to amend certain provisions of the Consignment
Agreement in order to clarify the intent of the parties with respect to such
provisions.

      NOW THEREFORE, for value received and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree as follows:

      1. The fifth sentence of Paragraph 1 of the Consignment Agreement is
amended hereby in its entirety to read as follows:

            At no time shall the value of consigned commodities exceed (i)
            $30,000,000; (ii) such limit as the parties may agree upon; or (iii)
            such limit as Consignor may approve in its sole discretion
            ("Consignment Limit").

      2. Paragraph 3(a) of the Consignment Agreement is amended hereby to add
the following to the end of such paragraph:

            Notwithstanding the foregoing, Customer shall not pay any
            Consignment Fees on any fine troy ounces of silver on consignment to
            Customer contained within a segregated storage facility acceptable
            to Consignor in its sole discretion and located at Customer's
            premises at Murray Corporate Park, 1003 Corporate Drive, Export,
            Pennsylvania (the "Segregated Storage Facility"); provided, however,
            that the number of fine troy ounces of silver on consignment from
            consignor contained within the Segregated Storage Facility shall not
            exceed Six Hundred Thousand (600,000) fine troy ounces of silver at
            any one time outstanding. All commodities consigned by

<PAGE>

                                                                EXHIBIT 10.17(2)

            Consignor to Customer other than the commodities contained within
            the Segregated Storage Facility shall be and shall remain subject to
            Consignment Fees. All commodities contained within the Segregated
            Storage Facility shall be kept separate and apart from all of the
            commodities owned by Customer or used by Customer.

      3. Paragraph 3(c) of the Consignment Agreement is amended hereby to add
the following at the end of such paragraph:

            The Prime Rate is a reference rate and does not necessarily
            represent the lowest or best rate being charged to any customer. All
            payments made under this Agreement shall be in lawful money of the
            United States in immediately available funds. Whenever the term
            "business day" is used herein, such term shall be subject to the
            "Modified Following Business Day Convention," the convention for
            adjusting any relevant date if it would otherwise fall on a day that
            is not a business day to the first following day that is a business
            day.

      4. Except as amended hereby, the Consignment Agreement and all agreements,
instruments and documents executed in connection therewith, shall remain in full
force and effect and are in all respects hereby ratified and affirmed.

      5. Customer, by its signature below, acknowledges and confirms that there
are no defenses, claims or setoffs available to Customer which would operate to
limit its obligations under the Consignment Agreement or any other agreement,
instrument or document executed by Customer in connection therewith.

<PAGE>

                                                                EXHIBIT 10.17(2)

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

WITNESS:                              TECHNITROL, INC.

/s/ Ann Marie Janus                   By: /s/ Albert Thorp, III
----------------------------             -------------------------------------
                                      Name:    Albert Thorp, III
                                           -----------------------------------
                                      Title:  Vice President - Finance and
                                            ----------------------------------
                                      Chief Financial Officer
                                      ----------------------------------------

WITNESS:                              AMI DODUCO, INC.

/s/ Ann Marie Janus                   By: /s/ Albert Thorp, III
----------------------------             -------------------------------------
                                      Name:     Albert Thorp, III
                                           -----------------------------------
                                      Title:   Treasurer/Assistant Secretary
                                            ----------------------------------

WITNESS:                              FLEET PRECIOUS METALS INC.

/s/ Norine Laferriul
----------------------------          By: /s/ Frederick W. Reinhardt III
                                         -------------------------------------
                                          Frederick W. Reinhardt III
                                          Sr.  Vice President

/s/ Norine Laferriul
---------------------------

                                       /s/     Paul H. Boghosian
                                      ----------------------------------------
                                      Name:    Paul H. Boghosian
                                           -----------------------------------
                                      Title:            VP
                                            --------------------

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