Document:

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                                                                    Exhibit 10.3
                                                                  EXECUTION COPY

                               AMENDMENT NO. 1 TO
             AMENDED AND RESTATED SEVERANCE AND EMPLOYMENT AGREEMENT

                  THIS AMENDMENT NO. 1 ("Amendment No. 1") TO AMENDED AND
RESTATED EMPLOYMENT AGREEMENT ("Agreement"), dated as of December 16, 2002, is
between                   (the "Executive") and ROYAL APPLIANCE MFG. CO., an
Ohio corporation (the "Company").

                  WHEREAS, the Company and the Executive are parties to the
Agreement which provides for certain payments and other benefits to the
Executive in the event that the Executive's employment with the Company is
terminated following a change in control of the Company;

                  WHEREAS, as of the date hereof, the Company is entering into
an agreement and plan of merger, with TechTronic Industries Co., Ltd., a
corporation organized under the laws of Hong Kong ("TTI"), RAMC Holdings, Inc.,
a Delaware corporation ("Acquiror"), and TIC Acquisition Corp., an Ohio
corporation and a wholly owned subsidiary of Acquiror, pursuant to which TTI
will acquire all of the issued and outstanding common shares of the Company (the
"Merger Agreement");

                  WHEREAS, the Company and the Executive desire that the
transactions contemplated by the Merger Agreement not be deemed a "change in
control of the Company" under the Agreement; and

                  WHEREAS, Section 14 of the Agreement permits the Agreement to
be amended by the written agreement of the Executive and the Company.

                  NOW, THEREFORE, in consideration of the mutual promises
contained herein and other good and valuable consideration, the Executive and
the Company hereby agree as follows:

                  Effective as of the date hereof, Section 3 of the Agreement
shall be deleted in its entirety, and the following shall be substituted
therefor:

          "3.     Change in Control

                  No benefit shall be payable hereunder (and Sections 4 through
          11, 18, and 20 shall not be applicable) unless a change in control of
          the Company shall have occurred within the Term of Agreement and the
          Executive's employment by the Company shall have been terminated
          within three years thereafter, whether or not within the Term of
          Agreement. For purposes of this Agreement, a `change in control of the
          Company' shall mean a change in control of a nature that would be
          required to be reported in response to Item 6(e) of Schedule 14A of
          Regulation 14A (or any similar item or successor schedule, form, or
          report) promulgated under the Securities Exchange Act of 1934 as
          amended

                                       1
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         (`Exchange Act'); provided that, without limitation, such a change in
         control shall be deemed to have occurred if and at such times as (i)
         any `person' (as such term is used in Sections 13(d)(3) and 14(d)(2) of
         the Exchange Act) becomes the beneficial owner, directly or indirectly,
         of securities of the Company presenting 30% or more of the combined
         voting power of the Company's then outstanding securities, or (ii)
         during any period of two consecutive years, individuals who at the
         beginning of such period constitute the Board cease for any reason to
         constitute at least a majority (i.e., more than one-half) thereof
         unless the election, or the nomination for election by the Company's
         shareholders, of each new director during such two-year period was
         approved by an affirmative vote of at least two-thirds of the directors
         then still in office who were directors at the beginning of said
         two-year period. Notwithstanding the foregoing, in no event shall the
         transactions associated with or contemplated by the Merger Agreement,
         nor any other transactions which result in the succession by TTI to all
         or substantially all of the business or assets of the Company, be
         deemed a `change in control of the Company' for purposes of this
         Agreement.

      Executed in Glenwillow, Ohio as of this 16th day of December, 2002.

ROYAL APPLIANCE MFG. CO.

By:
    ------------------------------------    ------------------------------------
                                            "Executive"

                                       2<PAGE>
                                                                    Exhibit 10.4

       AMENDMENT NO. 1 TO THE ROYAL APPLIANCE MFG. CO. CHANGE IN CONTROL
                           SEVERANCE COMPENSATION PLAN

      This Amendment No. 1 (this "Amendment"), dated as of December 16, 2002, to
the Royal Appliance Mfg. Co. Change In Control Severance Compensation Plan (the
"Plan").

      WHEREAS, the Company proposes to enter into an Agreement and Plan of
Merger, dated as of December 16, 2002 (as amended, supplemented, modified or
replaced from time to time, the "Merger Agreement"), among Techtronic Industries
Co., Ltd., a Hong Kong corporation ("Parent"), RAMC Holdings, Inc., a Delaware
corporation and wholly-owned subsidiary of Parent ("Acquiror"), TIC Acquisition
Corp., an Ohio corporation and wholly-owned subsidiary of Acquiror ("Merger
Sub"), and the Company;

      WHEREAS, the Board of Director of the Company has determined that the
Merger Agreement and the terms and conditions set forth therein and the
transactions contemplated thereby, including, without limitation, the Merger (as
defined in the Merger Agreement), are advisable and are fair to and in the best
interests of the Company and its shareholders;

      WHEREAS, the Board of Directors of the Company has determined, in
connection with its contemplation of the Merger Agreement, that it is necessary
and desirable to amend the Plan;

      WHEREAS, Section 8.2 of the Plan provides that the Company may amend the
Plan by resolution adopted by a majority of the members of the Board of
Directors of the Company;

      WHEREAS, by resolution adopted on December 9, 2002, the Board of Directors
adopted a resolution to amend the Plan in the manner set forth below;

      NOW, THEREFORE, in consideration of the foregoing premises Section 8.1 of
the Plan shall be amended to read as follows:

      8.1 Duration: (a) This Plan shall expire on March 31, 2006, unless sooner
terminated as provided in Section 8.2 hereof, or unless extended for an
additional period or periods by resolution adopted by the Board at any time.

            (b) Upon expiration of this Plan, all rights of Participants will
terminate and no Participant will be entitled to any benefit under the Plan as a
result of his or her termination of employment subsequent to March 31, 2006,
regardless of whether or not a Change in Control has occurred on or prior to
March 31, 2006; provided that any Participant who is entitled under Section 4.4
hereof to receive a payment because of his or her termination of employment
prior to March 31, 2006 shall continue to be entitled to receive such payment.

                                    --------------------------------------------
                                    Richard G. Vasek, Chief Financial Officer
                                    Royal Appliance Mfg. Co.Toys "R" Us, Inc 10Q0302_Exhibit 4.1

EXHIBIT 4.1

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

          AMENDMENT NO.1, dated as of May 16, 2002 (this “Amendment”), to and under the Five-Year Credit Agreement, dated as of September 19, 2001, among
Toys “R” Us, Inc., the Lenders party thereto, Citibank, N.A. and J.P. Morgan Chase, as Co-Syndication Agents, Credit Suisse First Boston, First Union National Bank, The Dai-Ichi Kangyo Bank, Ltd. and Societe Generale, as Co-Documentation Agents, and The
Bank of New York, as Administrative Agent (as amended, supplemented, or otherwise modified, the “Five-Year Credit Agreement”).

	
RECITALS

			
	
   

	
A.

		
Capitalized terms used herein that are defined in the Five-Year Credit Agreement shall have the same meanings as therein defined.

	
    

	
   

	
	
   

	
B.

		
The Administrative Agent and the Borrower are willing to amend the definition of Applicable Rate contained in the Five-Year Credit Agreement upon the terms and subject to the conditions contained herein.

	
    

	
   

	

          Accordingly, in consideration of the Recitals and the covenants, condition and agreements hereinafter set forth, and for other good and valuable consideration, the
receipt and adequacy of which are hereby acknowledged, the Borrower and the Administrative Agent hereby agree as follows:

		
1.

		
Section 1.1 of the Five-Year Credit Agreement is hereby amended by amending and restating the table contained in the definition of Applicable Rate in its entirety to read as follows:

					
	
Category

	
Ratings (S&P/Moody’s)

	
Facility Fee

	
LIBOR Spread

	
Utilization Fee

	
Category 1

	
A+/A1 or higher

	
.085%

	
.265%

	
.100%

	
Category 2

	
A/A2

	
.100%

	
.300%

	
.100%

	
Category 3

	
A-/A3

	
.125%

	
.375%

	
.125%

	
Category 4

	
BBB+/Baa1

	
.150%

	
.475%

	
.125%

	
Category 5

	
BBB/Baa2

	
.175%

	
.575%

	
.150%

	
Category 6

	
BBB-/Baa3

	
.250%

	
1.000%

	
.150%

	
Category 7

	
(BB+/Bal) or lower

	
.300%

	
1.200%

	
.150%

					

	
  

	
2.

	
  

	
Section 1.1 of the Five-Year Credit Agreement is hereby further amended by amending the paragraph following the table contained in the definition of Applicable Rate as follows: (i) clause (a) is amended to replace the
reference to “Category 6” with “Category 7”; and (ii) clause (b) is amended and restated in its entirety to read as follows:

	
  

		
     

	
  

		
     

	
  

		
  

	
(b)

	
 

	
If the ratings established or deemed to have been established by Moody’s and S&P for the Index Debt shall fall within different Categories, the Applicable Rate shall be based on the higher of the two ratings,
provided that if one of the two ratings is two or more Categories lower than the other, the Applicable Rate shall be determined by reference to the Category one level below the category corresponding to the higher rating, and, provided, further
that, in any case, if the lower of the two ratings is in Category 6 or 7, the Applicable Rate shall be based on such lower rating;

	
  

		
     

	
  

		
     

	
  

	
3.

	
  

	
Paragraphs 1 and 2 above shall not be effective until such time as the Administrative Agent (or its counsel) shall have received from each of the Borrower, the Guarantor and the Required Lenders either (a) a counterpart of
this Amendment signed on behalf of such Person or (b) written evidence satisfactory to the Administrative Agent (which may include facsimile transmission of a signed signature page of this Amendment) that such Person has signed a counterpart of this
Amendment.

	
  

		
     

	
  

	
4.

	
  

	
Each of the Borrower and the Guarantor hereby (i) reaffirms and admits the validity and enforceability of each Loan Document to which it is a party and its obligations thereunder, and agrees and admits that it has no defense
to or offset against any such obligation, and (ii) represents and warrants that, as of the date hereof, (a) it is in compliance with all of the terms, covenants and conditions of each Loan Document to which it is a party, (b) there exists no Default or Event of
Default and (c) the representations and warranties made by it in the Loan Documents (other than those contained in Sections 3.4 and 3.11 of the Five-Year Credit Agreement) are true and correct in all material respects with the same effect as though such
representations and warranties had been made on the date hereof.

	
  

		
     

	
  

	
5.

	
  

	
This Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single
contract.  Delivery of an executed counterpart of a signature page of this Amendment by telecopy shall be effective as delivery of a manually executed counterpart of this Amendment.

	
  

		
     

	
  

	
6.

	
  

	
The Five-Year Credit Agreement and the other Loan Documents shall in all other respects remain in full force and effect, and no amendment, consent, waiver, or other modification herein in respect of any term or condition of
any Loan Document shall be deemed to be an amendment, consent, waiver, or other modification in respect of any other term or condition of any Loan Document.

	
  

		
     

	
  

	
7.

	
  

	
THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK.

	
  

		
     

	
[SIGNATURE PAGES TO FOLLOW]

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

          IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to be duly executed and delivered by their proper and duly authorized officers
as of the day and year first above written.

	
TOYS “R” US, INC.

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

CONSENTED AND AGREED TO:

	
TOYS “R” US – DELAWARE, INC., as Guarantor

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			
   

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
THE BANK OF NEW YORK, individually and as Administrative Agent

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			
   

			
   

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
CITIBANK, N.A.

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
JPMORGAN CHASE BANK

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
CREDIT SUISSE FIRST BOSTON

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
FIRST UNION NATIONAL BANK

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
MIZUHO CORPORATE BANK, LTD.

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
SOCIETE GENERALE

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
WELLS FARGO BANK, NATIONAL ASSOCIATION

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
U.S. BANK NATIONAL ASSOCIATION

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
BANK ONE, NA (MAIN OFFICE CHICAGO)

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
FLEET NATIONAL BANK

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
THE FIFTH THIRD BANK

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

		
                                                   

			

	
TOYS “R” US, INC.

	
AMENDMENT NO. 1 TO FIVE-YEAR CREDIT AGREEMENT

	
CONSENTED AND AGREED TO:

 

	
THE ROYAL BANK OF SCOTLAND PLC

			
	
By:

		
                                                   

	
Name:

		
                                                   

	
Title:

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