Document:

Exhibit 10.1

                                SECOND AMENDMENT

         THIS SECOND AMENDMENT (this  "Amendment") dated as of July 20, 2000, to
the Credit Agreement referenced below, is by and among C&D Technologies, Inc., a
Delaware  corporation (the  "Borrower"),  the subsidiaries and affiliates of the
Borrower  identified as "Guarantors" on the signature pages hereto,  the Lenders
identified on the signature pages hereto, and BANK OF AMERICA,  N.A., a national
banking association formerly known as NationsBank, N.A., as Administrative Agent
(in such capacity,  the "Administrative  Agent").  Capitalized terms used herein
but not otherwise  defined herein shall have the meanings provided to such terms
in the Credit Agreement.

                               W I T N E S S E T H

         WHEREAS,  a $220  million  credit  facility  has been  extended  to the
Borrower  pursuant  to the terms of that Credit  Agreement  dated as of March 1,
1999 (as amended and modified from time to time, the "Credit  Agreement")  among
the Borrower,  the Guarantors identified therein, the Lenders identified therein
and the Administrative Agent;

          WHEREAS,  the  Borrower has  requested  certain  modifications  to the
Credit Agreement;

          WHEREAS,  the  requested  modifications  require  the  consent  of the
Required Lenders; and

          WHEREAS,   the  Required   Lenders   have  agreed  to  the   requested
modifications on the terms and conditions set forth herein;

         NOW,  THEREFORE,  IN  CONSIDERATION  of the premises and other good and
valuable  consideration,  the  receipt  and  sufficiency  of  which  are  hereby
acknowledged, the parties hereto agree as follows:

         1.       The Credit Agreement is amended in the following respects:

         1.1 In the definition of "Permitted  Investments" in Section 1.1 of the
         Credit Agreement, clause (xiv) is renumbered as clause (xv) thereof and
         is amended to read as follows:

                  (xv) other  loans,  advances and  investments  of a nature not
                  contemplated in the foregoing  subsections in an amount not to
                  exceed $5,000,000 in the aggregate at any time outstanding.

         1.2 In the definition of "Permitted  Investments" in Section 1.1 of the
         Credit Agreement, the "and" immediately following clause (xiii) thereof
         is deleted and a new clause (xiv) is added thereto read as follows:

                  (xiv)  Investments by Foreign  Subsidiaries  in and  to  other
                  Foreign Subsidiaries; and

         2. This  Amendment  shall be effective upon its execution by the Credit
         Parties and the Required Lenders.

         3. The  Credit  Parties  hereby  affirm  that the  representations  and
         warranties set forth in the Credit Documents are true and correct as of
         the date  hereof  (except  those which  expressly  relate to an earlier
         period).

         4. Each of the Guarantors (i)  acknowledges  and consents to all of the
         terms  and  conditions  of  this  Amendment,  (ii)  affirms  all of its
         obligations  under the  Credit  Documents  and (iii)  agrees  that
<PAGE>

         this  Amendment and  all documents  executed in connection  herewith do
         not operate to reduce or discharge the  Guarantors'  obligations  under
         the Credit Agreement or the other  Credit Documents.

         5. Except as modified  hereby,  all of the terms and  provisions of the
         Credit  Agreement  and  the  other  Credit  Documents   (including  the
         schedules and exhibits thereto) shall remain in full force and effect.

         6. The Borrower agrees to pay all reasonable  costs and expenses of the
         Administrative Agent in connection with the preparation,  execution and
         delivery of this Amendment, including without limitation the reasonable
         fees and expenses of Moore & Van Allen, PLLC.

         7. This Amendment may be executed in any number of  counterparts,  each
         of which when so executed and delivered shall be deemed an original and
         it shall not be necessary in making proof of this  Amendment to produce
         or account for more than one such counterpart.

         8. This Amendment shall be deemed to be a contract made under,  and for
         all purposes  shall be construed  in  accordance  with the laws of, the
         State of New York.

                  [Remainder of Page Intentionally Left Blank]

<PAGE>

         IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart
of this  Agreement to be duly  executed and delivered as of the date first above
written.

BORROWER:                           C&D TECHNOLOGIES, INC.,
                                    a Delaware corporation

                                    By:/s/ Stephen E. Markert, Jr.
                                      ----------------------------
                                    Name:   Stephen E. Markert, Jr.
                                    Title:  Chief Financial Officer

GUARANTORS:                         C&D/CHARTER HOLDINGS, INC.,
----------                          a Delaware corporation
                                    PCC MEXICAN HOLDINGS, INC.,
                                    a Delaware corporation

                                    By:/s/ Stephen E. Markert, Jr.
                                       ---------------------------
                                    Name:   Stephen E. Markert, Jr.
                                    Title:  Chief Financial Officer

                           [Signature Pages Continue]

<PAGE>

LENDERS:                   BANK OF AMERICA, N.A.,
-------                    individually in its capacity as a Lender
                           and in its capacity as Administrative Agent

                           By:/s/ Patrick M. Moore
                              -----------------------------
                           Name:  Patrick M. Moore
                           Title: Vice President

                           MELLON BANK, N.A.

                           By: /s/ Mark Torie
                              -----------------------------
                           Name:  Mark Torie
                           Title: V.P.

                           COMERICA BANK

                           By: /s/ Robert P. Wilson
                              -----------------------------
                           Name:  Robert P. Wilson
                           Title: A.V.P.

                           BANK ONE, NA
                    (f/k/a THE FIRST NATIONAL BANK OF CHICAGO)

                           By: /s/ Andrea S. Kantor
                              -----------------------------
                           Name:  Andrea S. Kantor
                           Title: Vice President

                           FIRSTAR BANK MILWAUKEE N.A.

                           By:/s/ Jason R. Hickey
                              -----------------------------
                           Name:  Jason R. Hickey
                           Title: Vice President

                           THE BANK OF NEW YORK

                           By: /s/ Frank S. Bridges
                              -----------------------------
                           Name:  Frank S. Bridges
                           Title: Vice President

                           LASALLE NATIONAL BANK

                           By:__________________________
                           Name:
                           Title:

                           [Signature Pages Continue]

<PAGE>

                           FIRST UNION NATIONAL BANK

                           By:/s/ Linda M. Douglas
                              -----------------------------
                           Name:  Linda M. Douglas
                           Title: VP

                           PNC BANK, NATIONAL ASSOCIATION

                           By:/s/ Frank A. Pugliese
                              -----------------------------
                           Name:  Frank A. Pugliese
                           Title: Vice President

                           THE CHASE MANHATTAN BANK

                           By: /s/ Thomas F. Conroy, Jr.
                              -----------------------------
                           Name:  Thomas F. Conroy, Jr.
                           Title: Vice President

                           FLEET BANK, N.A.

                           By: /s/ Daniel Prevosiak
                              -----------------------------
                           Name:  Daniel Prevosiak
                           Title: Vice PresidentExhibit 10.2

                                 THIRD AMENDMENT

         THIS THIRD AMENDMENT (this  "Amendment")  dated as of July 24, 2000, to
the Credit Agreement referenced below, is by and among C&D Technologies, Inc., a
Delaware  corporation  (the  "Borrower"),   the  Subsidiaries  of  the  Borrower
identified as "Guarantors" on the signature pages hereto, the Lenders identified
on the signature  pages hereto,  and BANK OF AMERICA,  N.A., a national  banking
association  formerly known as NationsBank,  N.A., as  Administrative  Agent (in
such capacity,  the "Administrative  Agent").  Capitalized terms used herein but
not otherwise  defined herein shall have the meanings  provided to such terms in
the Credit Agreement.

                               W I T N E S S E T H

         WHEREAS,  a $220  million  credit  facility  has been  extended  to the
Borrower  pursuant  to the terms of that Credit  Agreement  dated as of March 1,
1999 (as amended and modified from time to time, the "Credit  Agreement")  among
the Borrower,  the Guarantors identified therein, the Lenders identified therein
and the Administrative Agent;

          WHEREAS,  the  Borrower has  requested  certain  modifications  to the
Credit Agreement;

          WHEREAS,  the  requested  modifications  require  the  consent  of the
Required Lenders; and

          WHEREAS,   the  Required   Lenders   have  agreed  to  the   requested
modifications on the terms and conditions set forth herein;

         NOW,  THEREFORE,  IN  CONSIDERATION  of the premises and other good and
valuable  consideration,  the  receipt  and  sufficiency  of  which  are  hereby
acknowledged, the parties hereto agree as follows:

         1.       The Credit Agreement is amended in the following respects:

         1.1      Clause (a) of Section 6.13 is amended to read as follows:

                  (a)  None of the  transactions  contemplated  by  this  Credit
                  Agreement  (including,   without  limitation,  the  direct  or
                  indirect  use of the  proceeds of the Loans)  will  violate or
                  result  in a  violation  of the  Securities  Act of  1933,  as
                  amended,  or the Securities  Exchange Act of 1934, as amended,
                  or regulations issued pursuant thereto,  or Regulation T, U or
                  X. If requested by any Lender or the Administrative Agent, the
                  Borrower  will  furnish to the  Administrative  Agent and each
                  Lender a statement to the effect of the foregoing sentences in
                  conformity with the requirements of FR Form U-1 referred to in
                  Regulation U.

         1.2      Section 8.2 is amended to read as follows:

                  8.2      Liens.

                  Contract,  create,  incur,  assume or permit to exist any Lien
                  with respect to any of their  respective  Property (other than
                  any  "margin  stock"  within  the  meaning of  Regulation  U),
                  whether now owned or hereafter acquired,  except for Permitted
                  Liens.

         1.3      The  introductory  clause in  clause  (b)  of Section  8.3  is
amended to read as follows:

<PAGE>

                  (b) Sell, lease, transfer or otherwise dispose of any Property
                  (other  than  any  "margin   stock"   within  the  meaning  of
                  Regulation U),  including any  sale-leaseback  transaction but
                  excluding  the sale of  inventory  in the  ordinary  course of
                  business, to any Person other than a Credit Party, unless:

         2. This  Amendment  shall be effective upon its execution by the Credit
         Parties and the Required Lenders.

         3. The  Credit  Parties  hereby  affirm  that the  representations  and
         warranties set forth in the Credit Documents are true and correct as of
         the date hereof after giving  effect to this  Amendment  (except  those
         which expressly relate to an earlier period).

         4. Each of the Guarantors (i)  acknowledges  and consents to all of the
         terms  and  conditions  of  this  Amendment,  (ii)  affirms  all of its
         obligations  under the  Credit  Documents  and (iii)  agrees  that this
         Amendment  and all  documents  executed in  connection  herewith do not
         operate to reduce or discharge the  Guarantors'  obligations  under the
         Credit Agreement or the other Credit Documents.

         5. Except as modified  hereby,  all of the terms and  provisions of the
         Credit  Agreement  and  the  other  Credit  Documents   (including  the
         schedules and exhibits thereto) shall remain in full force and effect.

         6. The Borrower agrees to pay all reasonable  costs and expenses of the
         Administrative Agent in connection with the preparation,  execution and
         delivery of this Amendment, including without limitation the reasonable
         fees and expenses of Moore & Van Allen, PLLC.

         7. This Amendment may be executed in any number of  counterparts,  each
         of which when so executed and delivered shall be deemed an original and
         it shall not be necessary in making proof of this  Amendment to produce
         or account for more than one such counterpart.

         8. This Amendment shall be deemed to be a contract made under,  and for
         all purposes  shall be construed  in  accordance  with the laws of, the
         State of New York.

                  [Remainder of Page Intentionally Left Blank]

<PAGE>

         IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart
of this  Agreement to be duly  executed and delivered as of the date first above
written.

BORROWER:                           C&D TECHNOLOGIES, INC.,
                                    a Delaware corporation

                                    By:/s/ Stephen E. Markert, Jr.
                                       ---------------------------
                                    Name:   Stephen E. Markert, Jr.
                                    Title:  Chief Financial Officer

GUARANTORS:                         C&D/CHARTER HOLDINGS, INC.,
----------                          a Delaware corporation

                                    By: /s/Robert T. Marley
                                       --------------------------
                                    Name:  Treasurer
                                    Title: Robert T. Marley

                                    PCC MEXICAN HOLDINGS, INC.,
                                    a Delaware corporation

                                    By:/s/ Stephen E. Markert, Jr.
                                       ---------------------------
                                    Name:   Stephen E. Markert, Jr.
                                    Title:  Chief Financial Officer

                           [Signature Pages Continue]

<PAGE>

LENDERS:                   BANK OF AMERICA, N.A.,
-------                    individually in its capacity as a Lender
                           and in its capacity as Administrative Agent

                           By: /s/ Patrick M. Moore
                              -----------------------------
                           Name:  Patrick M. Moore
                           Title: Vice President

                           MELLON BANK, N.A.

                           By: /s/ Mark W. Torie
                              -----------------------------
                           Name:  Mark W. Torie
                           Title: V.P.

                           COMERICA BANK

                           By: /s/ Robert P. Wilson
                              -----------------------------
                           Name:  Robert P. Wilson
                           Title: Assistant Vice President

                           THE FIRST NATIONAL BANK OF CHICAGO

                           By: /s/ Andrea S. Kantor
                              -----------------------------
                           Name:  Andrea S. Kantor
                           Title: First Vice President

                           FIRSTAR BANK MILWAUKEE N.A.

                           By: /s/ Jason R. Hickey
                              -----------------------------
                           Name:  Jason R. Hickey
                           Title: Vice President

                           THE BANK OF NEW YORK

                           By: /s/ Gregory J. Smith
                              -----------------------------
                           Name:  Gregory J. Smith
                           Title: Vice President

                           LASALLE NATIONAL BANK

                           By: /s/ Roger A. Pillsbury
                              -----------------------------
                           Name:  Roger A. Pillsbury
                           Title: Sr. Vice President

                           [Signature Pages Continue]

<PAGE>

                           FIRST UNION NATIONAL BANK

                           By: /s/ Linda M. Douglas
                              -----------------------------
                           Name:  Linda M. Douglas
                           Title: VP

                           PNC BANK, NATIONAL ASSOCIATION

                           By:/s/ Frank A. Pugliese
                              -----------------------------
                           Name:  Frank A. Pugliese
                           Title: Vice President

                           THE CHASE MANHATTAN BANK

                           By: /s/ Thomas F. Conroy, Jr.
                              -----------------------------
                           Name:  Thomas F. Conroy, Jr.
                           Title: Vice President

                           FLEET BANK, N.A.

                           By:__________________________
                           Name:
                           Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00014-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00014-of-00352.parquet"}]]