Document:

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                                                                   EXHIBIT 10.53

                                 AMENDMENT NO. 3
                                     TO THE

                                  AMETEK, INC.
                     SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

      WHEREAS, there was adopted and made effective as of May 1, 1997, the
AMETEK, Inc. Supplemental Executive Retirement Plan (the "Plan"); and

      WHEREAS, Section 7.1 of the Plan provides that the Administrator of the
Plan (defined as a committee consisting of AMETEK's Chief Executive Officer,
Chief Financial Officer and Corporate Counsel) may amend the Plan at any time or
from time to time as long as the amendment does not significantly increase the
cost of the Plan to the Company; and

            WHEREAS, AMETEK now desires to amend the Plan in certain respects;

            NOW, THEREFORE, the Plan is hereby amended as follows:

                  FIRST: Section 1.2 (definition of "Administrator") shall be
            amended by deleting the term "Corporate Counsel", and substituting
            therefor the term "General Counsel".

                  SECOND: A new Section 4.3 shall be added to the Plan to read,
            in its entirety, as follows:

                  "If, with respect to the distribution of a Participant's
                  Supplemental Benefit, the Company shall be required to
                  withhold amounts under applicable federal, state or local tax
                  laws, rules or regulations, the Company shall be entitled, at
                  its option, to (i) deduct and withhold such amounts from any
                  cash payment to be made by the Company to the Participant or
                  to such other person with respect to whom such withholding may
                  arise; (ii) require the Participant (or such other person) to
                  make payment to the Company in such amount as is required to
                  be withheld; or (iii) retain and withhold such number of
                  Shares subject to the Supplemental Benefit as shall have a
                  fair market value, valued on the date on which such
                  withholding requirement arises, equal to the minimum statutory
                  amount as is required to be withheld, in which event the
                  Company shall sell such Shares, or place such Shares in its
                  Treasury account, and apply the proceeds thereof to meet its
                  withholding requirement."
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                  THIRD: The provisions of this Amendment No. 3 shall be
            effective as of January 1, 2002.

      IN WITNESS WHEREOF, the Administrator of the Plan has caused this
amendment to be executed on this 10th day of January 2002.

                                      ADMINISTRATOR

                                      /s/ Frank S. Hermance
                                      -----------------------------------
                                      Frank S. Hermance

                                      /s/ John J. Molinelli
                                      -----------------------------------
                                      John J. Molinelli

                                      /s/ Donna F. Winquist
                                      -----------------------------------
                                      Donna F. Winquist<PAGE>

                                                                   EXHIBIT 10.84

                                 NINTH AMENDMENT
                          DATED AS OF NOVEMBER 29, 2002
                                       TO
                           RECEIVABLES SALE AGREEMENT
                           DATED AS OF OCTOBER 1, 1999

      THIS AMENDMENT (the "Amendment"), dated as of November 29, 2002, is
entered into among Ametek Receivables Corp. (the "Seller"), Ametek, Inc. (the
"Initial Collection Agent"), Amsterdam Funding Corporation, a Delaware
corporation ("Amsterdam"), ABN AMRO Bank N.V., as Amsterdam's program letter of
credit provider (the "Enhancer"), the Liquidity Provider listed on the signature
page hereof (the "Liquidity Provider") and ABN AMRO Bank N.V., as agent for
Amsterdam, the Enhancer and the Liquidity Provider (the "Agent").

                                   WITNESSETH:

      WHEREAS, the Seller, Initial Collection Agent, Amsterdam, Enhancer,
Liquidity Provider and Agent have heretofore executed and delivered a
Receivables Sale Agreement, dated as of October 1, 1999 (as amended,
supplemented or otherwise modified through the date hereof, the "Sale
Agreement"),

            WHEREAS, the parties hereto desire to amend the Sale Agreement as
      provided herein;

            NOW, THEREFORE, for good and valuable consideration, the receipt and
      adequacy of which are hereby acknowledged, the parties hereto hereby agree
      that the Sale Agreement shall be and is hereby amended as follows:

            Section 1. Subject to the following terms and conditions, including
      without limitation the conditions precedent set forth in Section 2, upon
      execution by the parties hereto in the space provided for that purpose
      below, the Sale Agreement shall be, and it hereby is, amended as follows:

                        (a)   The date "November 29, 2002" appearing in clause
                              (d) of the defined term "Liquidity Termination"
                              appearing in Schedule I of the Sale Agreement is
                              deleted and replaced with the date "December 27,
                              2002."

                        (b)   The date "November 29, 2002" appearing in clause
                              (c)(ii) of the defined term "Termination Date"
                              appearing in Schedule I of the Sale Agreement is
                              deleted and replaced with the date "December 27,
                              2002."

                        (c)   The defined term "Eligible Receivables" appearing
                              in Schedule I of the Sale Agreement is hereby
                              amended by deleting clause (x) thereof.

                        (d)   The following sentence shall be added at the end
                              of Section 9.11 of the Sale Agreement:
<PAGE>
                  "The provisions of this Section 9.11 shall survive termination
            of this Agreement."

                        (e)   The following sentence shall be added at the end
                              of Section 9.12:

                  "The provisions of this Section 9.12 shall survive termination
            of this Agreement."

                        (f)   Exhibit F to the Sale Agreement is hereby amended
                              in its entirety to be read as Exhibit F attached
                              hereto.

      Section 2. Section 1 of this Amendment shall become effective only once
the Agent has received in, form and substance satisfactory to the Agent (i) all
documents and certificates as the Agent may reasonably request and (ii) all
other matters incident to the execution thereof.

      Section 3. To induce the Agent and the Purchasers to enter into this
Amendment, the Seller and Initial Collection Agent represent and warrant to the
Agent and the Purchasers that: (a) the representations and warranties contained
in the Transaction Documents, are true and correct in all material respects as
of the date hereof with the same effect as though made on the date hereof (it
being understood and agreed that any representation or warranty which by its
terms is made as of a specified date shall be required to be true and correct in
all material respects only as of such specified date); (b) no Potential
Termination Event exists; (c) this Amendment has been duly authorized by all
necessary corporate proceedings and duly executed and delivered by each of the
Seller and the Initial Collection Agent, and the Sale Agreement, as amended by
this Amendment, and each of the other Transaction Documents are the legal, valid
and binding obligations of the Seller and the Initial Collection Agent,
enforceable against the Seller and the Initial Collection Agent in accordance
with their respective terms, except as enforceability may be limited by
bankruptcy, insolvency or other similar laws of general application affecting
the enforcement of creditors' rights or by general principles of equity; and (d)
no consent, approval, authorization, order, registration or qualification with
any governmental authority is required for, and in the absence of which would
adversely effect, the legal and valid execution and delivery or performance by
the Seller or the Initial Collection Agent of this Amendment or the performance
by the Seller or the Initial Collection Agent of the Sale Agreement, as amended
by this Amendment, or any other Transaction Document to which they are a party.

      Section 3.1. This Amendment may be executed in any number of counterparts
and by the different parties on separate counterparts and each such counterpart
shall be deemed to be an original, but all such counterparts shall together
constitute but one and the same Amendment.

      Section 3.2. Except as specifically provided above, the Sale Agreement and
the other Transaction Documents shall remain in full force and effect and are
hereby ratified and confirmed in all respects. The execution, delivery, and
effectiveness of this Amendment shall not operate as a waiver of any right,
power, or remedy of any Agent or any Purchaser under the Sale Agreement or any
of the other Transaction Documents, nor constitute a waiver or modification of
any provision of any of the other Transaction Documents. All defined terms

                                      -2-
<PAGE>
used herein and not defined herein shall have the same meaning herein as in the
Sale Agreement. The Seller agrees to pay on demand all costs and expenses
(including reasonable fees and expenses of counsel) of or incurred by the Agent
and each Purchaser Agent in connection with the negotiation, preparation,
execution and delivery of this Amendment.

      Section 3.3. This Amendment and the rights and obligations of the parties
hereunder shall be construed in accordance with and be governed by the law of
the State of New York.

                                      -3-
<PAGE>
      In Witness Whereof, the parties have caused this Amendment to be executed
and delivered by their duly authorized officers as of the date first above
written.

                              ABN AMRO BANK N.V., as the Agent, as the Liquidity
                              Provider and as the Enhancer

                              By: Patricia Luken
                                  --------------------------
                                 Title: Group Vice President

                              By: Kevin G. Pilz
                                  --------------------------
                                 Title: Vice President

                              AMSTERDAM FUNDING CORPORATION

                              By: Andrew L. Stidd
                                  --------------------------
                                 Title: President

                              AMETEK RECEIVABLES CORP.

                              By: Deirdre D. Saunders
                                  --------------------------
                                 Title: Treasurer

                              AMETEK, INC.

                              By: Deirdre D. Saunders
                                  --------------------------
                                 Title: Vice President & Treasurer

                                      -4-
<PAGE>
                                    EXHIBIT F

                          LOCK BOXES AND WIRE ACCOUNTS
<TABLE>
<CAPTION>
     BANK                                 LOCK BOX #                              DIVISION
<S>                                       <C>                      <C>
First Union                                 6035                   Aerospace Products
First Union                               601461                   Lamb Electric
First Union                               601471                   Rotron, Inc.
First Union                                 7455                   Specialty Metals-84, PA
First Union                                 7915                   Specialty Metals-CT
First Union                               601456                   TMD Division
First Union                                 8275                   U.S. Gauge Division
Comerica                                   26601                   Prestolite Power and Switch Division
First Union                                18516                   EDAX, Inc.
Bank of America                             2325                   Patriot Sensors and Controls Corp.
Bank of America                             3770
Bank of America                            99031
First Union                               601175                   Advanced Measurement Technology, Inc.
</TABLE>

<TABLE>
<CAPTION>
     BANK                               WIRE ACCOUNT #                   DIVISION
<S>                                     <C>                         <C>
Chase Manhattan                          910-2-791010               Aerospace Products
Chase Manhattan                           323-866-565               Lamb Electric
Chase Manhattan                           323-850-790               Rotron/TMD
Chase Manhattan                           323-866-573               Specialty Metals
Chase Manhattan                          910-2-791051               U.S. Gauge Division
Chase Manhattan                          910-2-791036               Test & Calibration Division
Chase Manhattan                          910-2-791044               Process & Analytical Instruments
First Union                             2030001065067               EDAX, Inc.
</TABLE>

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