Document:

Exhibit 10(d)(13)

                        REVOLVING CREDIT PROMISSORY NOTE

U.S. $17,500,000                                           Dated:  June 27, 2000

                  FOR VALUE RECEIVED, the undersigned,  THE INTERPUBLIC GROUP OF
COMPANIES, INC., a Delaware corporation (the "Borrower"), HEREBY PROMISES TO PAY
to the  order  of  WACHOVIA  BANK,  NA (the  "LENDER")  for the  account  of its
Applicable Lending Office on the Termination Date (each as defined in the Credit
Agreement referred to below) the principal sum of U.S.  $17,500,000 or, if less,
the aggregate  principal  amount of the Revolving Credit Advances and Swing Line
Advances  made by the Lender to the Borrower  pursuant to the  Five-Year  Credit
Agreement  dated as of June 27, 2000 among the Borrower,  the Lender and certain
other lenders parties thereto,  Salomon Smith Barney, Inc., as lead arranger and
book manager,  Bank One, NA,  SunTrust Bank and HSBC Bank USA, as  co-arrangers,
Bank One, NA, as documentation  agent,  SunTrust Bank, as syndication agent, and
Citibank,  N.A.  as Agent for the Lender and such other  lenders  (as amended or
modified from time to time, the "CREDIT  AGREEMENT";  the terms defined  therein
being used herein as therein defined) outstanding on the Termination Date.

                  The Borrower  promises to pay interest on the unpaid principal
amount of each  Revolving  Credit Advance and each Swing Line Bank from the date
of such Revolving  Credit  Advance and such Swing Line Advance,  as the case may
be, until such  principal  amount is paid in full, at such interest  rates,  and
payable at such times, as are specified in the Credit Agreement.

                  Both  principal  and  interest  in respect  of each  Revolving
Credit  Advance (i) in Dollars are payable in lawful money of the United  States
of America to the Agent at its account  maintained at 399 Park Avenue, New York,
New York 10043, in same day funds and (ii) in any Committed Currency are payable
in such  currency  at the  applicable  Payment  Office in same day  funds.  Both
principal  and  interest  in respect of each Swing Line  Advance  are payable in
lawful  money of the  United  States  of  America  to the  Agent at its  account
maintained at 399 Park Avenue,  New York, New York 10043 in same day funds. Each
Revolving  Credit Advance and each Swing Line Advance owing to the Lender by the
Borrower pursuant to the Credit  Agreement,  and all payments made on account of
principal  thereof,  shall be recorded by the Lender and,  prior to any transfer
hereof,  endorsed on the grid attached  hereto which is part of this  Promissory
Note.

                  This  Promissory  Note is one of the  Revolving  Credit  Notes
referred to in, and is entitled to the  benefits of, the Credit  Agreement.  The
Credit Agreement,  among other things,  (i) provides for the making of Revolving
Credit  Advances and Swing Line Advances by the Lender to the Borrower from time
to time in an aggregate  amount not to exceed at any time  outstanding  the U.S.
dollar amount first above mentioned,  the indebtedness of the Borrower resulting
from each such  Revolving  Credit  Advance  and each  Swing Line  Advance  being
evidenced by this Promissory Note, (ii) contains  provisions for determining the
Dollar  Equivalent  of  Revolving  Credit  Advances   denominated  in  Committed
Currencies and (iii) contains provisions for acceleration of the maturity hereof
upon the happening of certain stated events and also for  prepayments on account
of principal  hereof prior to the maturity  hereof upon the terms and conditions
therein specified.

                  This  Promissory  Note shall be governed by, and  construed in
accordance with, the laws of the State of New York.

                                                 THE INTERPUBLIC GROUP OF
                                                 COMPANIES, INC.

                                                 By  /s/ STEVEN BERNS
                                                   -----------------------------
                                                         STEVEN BERNS
                                                   Title: VP & Treasurer
<PAGE>

                       ADVANCES AND PAYMENTS OF PRINCIPAL

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|           |             |    Amount of    |                    |            |
|   Date    |  Amount of  | Principal Paid  |  Unpaid Principal  |  Notation  |
|           |   Advance   |   or Prepaid    |      Balance       |   Made by  |
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 -----------------------------------------------------------------------------Exhibit(e)

                                                                   June 29, 2000

RESOLVED that the following  provisions shall govern the vesting of stock option
and  restricted  stock awards where the employee  terminates  employment  before
fully vesting in the award:

     1)   If an employee terminates employment by reason of death or disability,
          the employee shall vest, upon such termination, in a pro rata fraction
          of the unvested  portion of the award,  determined by multiplying  (a)
          the ratio of (i) the number of months the employee  was employed  from
          the date of grant to the date of  termination to (ii) the total number
          of  months  from the date of grant to the date on which  the  employee
          would have been fully  vested in the award by (b) the total  number of
          unvested shares covered by the award.

     2)   Except as provided in paragraph 3, below, if the employee's employment
          is  involuntarily  terminated  by the Company  other than for cause at
          least one year after the date of grant,  the employee shall vest, upon
          such  termination,  in a pro rata fraction of the unvested  portion of
          the award,  determined by multiplying  (a) the ratio of (i) the number
          of months the employee was employed from the date of grant to the date
          of  termination  to (ii) the total  number of months  from the date of
          grant to the next date on which the employee  would have become vested
          in an  additional  portion of the award by (b) the number of  unvested
          shares that were scheduled to become vested on such date.

     3)   If an employee  continues in employment  following receipt of a Notice
          of  Termination  of  Employment  or continues to be  classified  as an
          employee (as an Employee  Consultant or otherwise)  during a period of
          reduced  work  responsibilities  or  during  a period  specified  by a
          negotiated  settlement with the employee,  the employee shall continue
          to vest  during such period in  accordance  with the vesting  schedule
          that applies to the award.

     4)   If an optionee,  who was at least age 50 with at least 5 but less than
          20 years of service on the date of a stock option  grant,  voluntarily
          retires at least one year after the date of grant,  the optionee shall
          vest in a pro rata  fraction  of the  unvested  portion of the option,
          determined  by  multiplying  (a) the ratio of (i) the number of months
          the  optionee  was  employed  from  the  date of  grant to the date of
          retirement  to (ii) the total  number of months from the date of grant
          to the next date on which the optionee  would have become vested in an
          additional portion of the option by (b) the portion of the option that
          was scheduled to become  vested on such date;  provided that the ratio
          in clause (a), above, shall not be less than 50%.

     5)   If an  optionee,  who was at  least  age 50 with at  least 20 years of
          service on the date an option is  granted,  voluntarily  retires,  the
          optionee shall be 100% vested in the option.

     6)   The Committee shall apply the provisions in paragraphs 4 and 5, above,
          to  a  restricted  stock  award  if  the  Committee  consents  to  the
          employee's retirement.
<PAGE>
     7)   If the  employee's  employment is terminated for any reason other than
          those identified in the preceding  paragraphs of this Resolution (such
          as a termination for cause),  the unvested  portion of the award shall
          be immediately forfeited.

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