Document:

<PAGE>
                                                                   EXHIBIT 10(g)

                       THIRD AMENDMENT TO CREDIT AGREEMENT

         THIS THIRD AMENDMENT TO CREDIT AGREEMENT (herein called this
"Amendment"), dated as of February 7, 2002, is entered into by and among The
Williams Companies, Inc., a Delaware corporation, as Borrower pursuant to the
Credit Agreement (as hereinafter defined), the Banks from time to time party to
the Credit Agreement, the Co-Syndication Agents as named therein, the
Co-Documentation Agents as named therein and Citibank, N.A., as agent for the
Banks (in such capacity, the "Agent"). Except as otherwise defined or as the
context requires, terms defined in the Credit Agreement are used herein as
therein defined.

                                   WITNESSETH:

         WHEREAS, The Williams Companies, Inc. ("TWC" or the "Borrower") has
entered into a certain Credit Agreement dated as of July 25, 2000 with the
financial institutions from time to time party thereto (the "Banks"), The Chase
Manhattan Bank and Commerzbank AG, as Co-Syndication Agents, Credit Lyonnais New
York Branch, as Documentation Agent, and Citibank, N.A., as Agent (the "Original
Credit Agreement"), which has been amended by that certain Waiver and First
Amendment to Credit Agreement dated as of January 31, 2001, and by that certain
Limited Waiver and Second Amendment to Credit Agreement dated as of July 24,
2001 (the Original Credit Agreement, as so amended to the date hereof, the
"Credit Agreement");

         WHEREAS, the Borrower and the Banks now desire to amend the Credit
Agreement in certain respects, as hereinafter provided;

         NOW, THEREFORE, in consideration of the premises and the mutual
agreements herein contained, the Borrower and the Banks hereby agree as follows:

         SECTION 1. Amendment of Section 1.1 of the Credit Agreement. Section
1.1 of the Credit Agreement is hereby amended as follows:

                  (a) The definition of "Debt" in such Section 1.1 is hereby
amended and restated to read in its entirety as follows:

                  "Debt" means, in the case of any Person, (i) indebtedness of
         such Person for borrowed money, (ii) obligations of such Person
         evidenced by bonds, debentures or notes, (iii) obligations of such
         Person to pay the deferred purchase price of property or services
         (other than trade payables not overdue by more than 60 days incurred in
         the ordinary course of business), (iv) monetary obligations of such
         Person as lessee under leases that are, in accordance with generally
         accepted accounting principles, recorded as capital leases, (v)
         obligations of such Person under guaranties in respect of, and
         obligations (contingent or otherwise) to purchase or otherwise acquire,
         or otherwise to assure a creditor against loss in respect of,
         indebtedness or obligations of others of the kinds referred to in
         clauses (i) through (iv) of this definition and (vi) indebtedness or
         obligations of others of the kinds referred to in clauses (i) through
         (v) of this definition secured by any Lien on or in respect of any
         property of such Person; provided, however, that

<PAGE>

         (w) Debt shall not include any obligations of the Borrower in respect
         of the FELINE PACS; (x) Debt shall not include any obligation under or
         resulting from any agreement referred to in paragraph (y) of Schedule
         III; (y) in the case of the Borrower, Debt shall not include any
         contingent obligation of the Borrower relating to indebtedness incurred
         by any SPV, WCG or a WCG Subsidiary pursuant to the WCG Structured
         Financing (except that in the event that the WCG Refinancing
         Transaction shall have occurred, then Debt shall include the aggregate
         amount of the WCG Structured Financing for which the Borrower or any of
         its Subsidiaries shall have become directly and primarily liable); and
         (z) it is the understanding of the parties hereto that Debt shall not
         include any monetary obligations or guaranties of monetary obligations
         of Persons as lessee under leases that are, in accordance with
         generally accepted accounting principles, recorded as operating leases.

                  (b) The following definition of "FELINE PACS" is hereby
inserted in the alphabetically appropriate location in such Section 1.1:

                  "FELINE PACS" means those certain units, as described in the
         Borrower's prospectus supplement dated January 7, 2002, issued by the
         Borrower in January, 2002 in an aggregate face amount of
         $1,100,000,000.

                  (c) The definition of "Net Worth" in such Section 1.1 is
hereby amended and restated to read in its entirety as follows:

                  "Net Worth" of any Person means, as of any date of
         determination the excess of total assets of such Person over total
         liabilities of such Person, total assets and total liabilities each to
         be determined in accordance with generally accepted accounting
         principles; provided, however, that for purposes of calculating Net
         Worth, total liabilities shall not include any obligations of the
         Borrower in respect of the FELINE PACS.

                  (d) The definition of "WCG Note" is hereby inserted in the
alphabetically appropriate location in such Section 1.1:

                  "WCG Note" means that certain promissory note dated March 28,
         2001 issued by WCG to WCG Note Trust, a Delaware business trust, in a
         principal amount of $1,500,000,000 with a maturity date of March 31,
         2008.

                  (e) The definition of "WCG Refinancing Transaction" is hereby
inserted in the alphabetically appropriate location in such Section 1.1:

                  "WCG Refinancing Transaction" means any transaction or series
         of related transactions pursuant to which the Borrower or any
         Subsidiary of the Borrower becomes directly and primarily liable to the
         holders of the WCG Senior Notes for an aggregate amount not exceeding
         the outstanding principal amount of the WCG Senior Notes, together with
         all accrued and unpaid interest thereon, any fees, and any premiums or
         make-whole payments payable as a result of a

                                       2
<PAGE>

         prepayment or early redemption of the WCG Senior Notes, including,
         without limitation, by means of (i) any amendment to the transaction
         documents pursuant to which the WCG Senior Notes were issued, (ii) an
         exchange offer or tender offer for the WCG Senior Notes or the WCG Note
         in consideration for which the Borrower or any Subsidiary of the
         Borrower issues debt securities of the Borrower or any Subsidiary of
         the Borrower, (iii) any redemption or repurchase, in whole or in part,
         of the WCG Senior Notes by the Borrower or any Subsidiary of the
         Borrower, (iv) any exercise of the "Share Trust Release Option" as
         defined in the transaction documents pursuant to which the WCG Senior
         Notes were issued, or (v) the Borrower or any Subsidiary of the
         Borrower making any payments in respect of the WCG Senior Notes or the
         WCG Note.

                  (f) The definition of "WCG Reimbursement Obligations" is
hereby inserted in the alphabetically appropriate location in such Section 1.1:

                  "WCG Reimbursement Obligations" means any obligations of any
         WCG Subsidiary in favor of the Borrower, any Subsidiary of the Borrower
         or the WCG Senior Notes Issuer pursuant to which such WCG Subsidiary
         has agreed to pay the Borrower, any Subsidiary of the Borrower or the
         WCG Senior Notes Issuer an amount equal to or less than the total
         amount of the obligations incurred by the Borrower and/or its
         Subsidiaries in connection with the WCG Refinancing Transaction,
         including, without limitation, in respect of principal, interest, fees
         and any premiums or make-whole payments payable as a result of a
         prepayment or early redemption of the WCG Senior Notes.

                  (g) The definition of "WCG Senior Notes" is hereby inserted in
the alphabetically appropriate location in such Section 1.1:

                  "WCG Senior Notes" means those certain 8.25% Senior Secured
         Notes due 2004 in an aggregate principal amount of $1,400,000,000
         issued by the WCG Senior Notes Issuer.

                  (h) The definition of "WCG Senior Notes Issuer" is hereby
inserted in the alphabetically appropriate location in such Section 1.1:

                  "WCG Senior Notes Issuer" means, collectively, WCG Note Trust,
         a Delaware business trust, and WCG Note Corp., Inc., a Delaware
         corporation.

         SECTION 2. Amendment of Section 5.2. Section 5.2 of the Credit
Agreement is hereby amended as follows:

                  (a) Clause (c) of Section 5.2 is hereby amended by deleting
the word "or" at the end of subclause (iii) thereof, deleting the period at the
end of subclause (iv) thereof and inserting "; or" in its place, and inserting
the following new subclause (v) immediately following the existing clause (iv):

                                       3
<PAGE>

                  "(v) Williams Pipeline Company, LLC from (1) selling,
         conveying or otherwise transferring all or substantially all of its
         assets to another Person or (2) merging or consolidating with or into
         another Person, in either case, for fair-market value and on
         commercially reasonable terms and conditions in the good faith judgment
         of the Borrower."

                  (b) Clause (e) of Section 5.2 is hereby amended and restated
to read in its entirety as follows:

                  "(e) Loans and Advances; Investments. Make or permit to remain
         outstanding, or allow any of its Subsidiaries to make or permit to
         remain outstanding, any loan or advance to, or own, purchase or acquire
         any obligations or debt securities of, any WCG Subsidiary, except that
         the Borrower and its Subsidiaries may (i) permit to remain outstanding
         loans and advances to a WCG Subsidiary existing as of the date hereof
         and listed on Exhibit E hereof (and such WCG Subsidiaries may permit
         such loans and advances to remain outstanding), (ii) purchase or
         acquire the WCG Senior Notes or the WCG Note pursuant to the WCG
         Refinancing Transaction, and (iii) purchase or acquire and permit to
         remain outstanding, the WCG Reimbursement Obligations. Except for those
         investments in existence on the date hereof and listed on Exhibit E
         hereof, purchases or acquisitions pursuant to the WCG Refinancing
         Transaction and purchases or acquisitions of WCG Reimbursement
         Obligations, the Borrower shall not, and shall not permit any of its
         Subsidiaries to, acquire or otherwise invest in any stock or other
         equity or other ownership interest in a WCG Subsidiary."

                  (c) Clause (i) of Section 5.2 is hereby amended by deleting
the period at the end of the existing clause (i) and inserting in its place the
following:

                  "; provided, however, that nothing contained herein shall
         prohibit or otherwise restrict the ability of the Borrower or any
         Subsidiary of the Borrower from incurring liability pursuant to the WCG
         Refinancing Transaction."

                  (d) The last sentence of clause (k) of Section 5.2 is hereby
amended by deleting the period at the end of the last sentence of the existing
clause (k) and inserting in its place the following:

                  "; provided, however, that nothing contained herein shall
         prohibit or otherwise restrict the ability of the Borrower or any
         Subsidiary of the Borrower to use the proceeds of any Advance to own,
         purchase or acquire the WCG Senior Notes pursuant to the WCG
         Refinancing Transaction."

         SECTION 3. Representations and Warranties. To induce the Agent and the
Banks to enter into this Amendment, the Borrower hereby reaffirms, as of the
date hereof, its representations and warranties contained in Article IV of the
Credit Agreement (except to the extent such representations and warranties
relate solely to an earlier date) and additionally represents and warrants as
follows:

                                       4
<PAGE>

                  (a) The Borrower is duly organized, validly existing and in
good standing under the laws of the State of Delaware and has all corporate or
limited liability company powers and all governmental licenses, authorizations,
certificates, consents and approvals required to carry on its business as now
conducted in all material respects, except for those licenses, authorizations,
certificates, consents and approvals which the failure to have could not
reasonably be expected to have a material adverse effect on the business,
assets, condition or operation of the Borrower and its Subsidiaries taken as a
whole. Each material Subsidiary of the Borrower is duly organized or validly
formed, validly existing and (if applicable) in good standing under the laws of
its jurisdiction of incorporation or formation, except where the failure to be
so organized, existing and in good standing could not reasonably be expected to
have a material adverse effect on the business, assets, condition or operations
of the Borrower and its Subsidiaries taken as a whole. Each material Subsidiary
of the Borrower has all corporate or limited liability company powers and all
governmental licenses, authorizations, certificates, consents and approvals
required to carry on its business as now conducted in all material respects,
except for those licenses, authorizations, certificates, consents and approvals
which the failure to have could not reasonably be expected to have a material
adverse effect on the business, assets, condition or operation of the Borrower
and its Subsidiaries taken as a whole.

                  (b) The execution, delivery and performance by the Borrower of
this Amendment and the consummation of the transactions contemplated by this
Amendment are within the Borrower's corporate powers, have been duly authorized
by all necessary corporate action, do not contravene (i) the Borrower's charter
or by-laws or (ii) any law or any contractual restriction binding on or
affecting the Borrower and will not result in or require the creation or
imposition of any Lien.

                  (c) No authorization or approval or other action by, and no
notice to or filing with, any governmental authority or regulatory body is
required for the due execution, delivery and performance by the Borrower of this
Amendment or the consummation of the transactions contemplated by this
Amendment.

                  (d) This Amendment has been duly executed and delivered by the
Borrower. This Amendment and the Credit Agreement as amended by this Amendment
are the legal, valid and binding obligations of the Borrower enforceable against
the Borrower in accordance with its terms, except as such enforceability may be
limited by any applicable bankruptcy, insolvency, reorganization, moratorium or
similar law affecting creditors' rights generally and by general principles of
equity.

                  (e) Except as set forth in the Public Filings and except for
certain class-action lawsuits filed on or after January 29, 2002 alleging fraud
and other violations of applicable securities laws, there is, as to the
Borrower, no pending or, to the knowledge of the Borrower, threatened action or
proceeding affecting the Borrower or any material Subsidiary of the Borrower
before any court, governmental agency or arbitrator, which could reasonably be
expected to materially and adversely affect the financial condition or
operations of the Borrower and its Subsidiaries taken as a whole or which
purports to affect the legality, validity, binding effect or enforceability of
this Amendment, the Credit Agreement or any Note. For the purposes of this
Section, "Public Filings" shall mean the Borrower's annual report on Form 10-K
for the

                                       5
<PAGE>

year ended December 31, 2000, and the Borrower's quarterly reports on Form 10-Q
for the quarters ended March 31, 2001, June 30, 2001 and September 30, 2001.

                  (f) Upon giving effect to this Amendment, no event has
occurred and is continuing which constitutes an Event of Default or which would
constitute an Event of Default but for the requirement that notice be given or
time elapse or both.

         SECTION 4. Conditions to Effectiveness. The effectiveness of this
Amendment is conditioned upon receipt by the Agent of all the following
documents, each in form and substance satisfactory to the Agent:

                  (a) Counterparts of this Amendment executed by the Borrower,
the Agent and Banks constituting not less than the Majority Banks;

                  (b) A certificate of the Secretary or Assistant Secretary of
the Borrower as to (i) any changes (or the absence of changes) since July 25,
2000 to its certificate of incorporation and its by-laws as of the date hereof,
(ii) the resolutions of the Borrower authorizing the execution of this Amendment
and (iii) the names and true signatures of the officers authorized to execute
this Amendment;

                  (c) An opinion of William G. von Glahn, General Counsel of the
Borrower, substantially in the form of Exhibit A hereto; and

                  (d) Such other documents as the Agent shall have reasonably
requested.

         SECTION 5. Effect. This Amendment shall be deemed to be an amendment to
the Credit Agreement, and the Credit Agreement, as amended hereby, is hereby
ratified, approved and confirmed in each and every respect. All references to
the Credit Agreement in any other document, instrument, agreement or writing
shall hereafter be deemed to refer to the Credit Agreement as amended hereby.

         SECTION 6. Fees. The Borrower shall pay (a) to each Bank that shall
have approved this Amendment and shall have delivered to the Agent a duly
executed counterpart hereof not later than 12:00 p.m. central standard time on
February 7, 2002, a fee equal to 0.25% of each such Bank's respective
Commitment, and (b) to each other Bank that shall have approved this Amendment
and shall have delivered a duly executed counterpart hereof not later than 12:00
p.m. central standard time on February 14, 2002, a fee equal to 0.10% of each
such other Bank's respective Commitment.

         SECTION 7. Governing Law, Etc. THIS AMENDMENT SHALL BE A CONTRACT MADE
UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK (WITHOUT GIVING
EFFECT TO THE PRINCIPLES THEREOF RELATING TO CONFLICT OF LAW EXCEPT SECTION
5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW). Whenever possible each
provision of this Amendment shall be interpreted in such manner as to be
effective and valid under applicable law, but if any provision of this Amendment
shall be prohibited by or invalid under applicable

                                       6
<PAGE>

law, such provision shall be ineffective to the extent of such prohibition or
invalidity, without invalidating the remainder of such provision or the
remaining provisions of this Amendment.

         SECTION 8. Counterpart Execution. This Amendment may be executed in any
number of counterparts, all of which taken together shall constitute one and the
same instrument, and any party hereto may execute this Amendment by signing one
or more counterparts.

         SECTION 9. Successors and Assigns. This Amendment shall be binding upon
the Borrower, the Agent and the Banks and their respective successors and
assigns, and shall inure to the benefit of each of the Borrower, the Agent and
the Banks and the successors and assigns of the Banks.

                                       7
<PAGE>

         IN WITNESS WHEREOF, the parties have caused this Amendment to be
executed by their respective officers thereunto duly authorized, to be effective
as of the date first written above.

                                       BORROWER:

                                       THE WILLIAMS COMPANIES, INC.

                                       By: /s/ James G. Ivey
                                          --------------------------------------
                                       Name: James G. Ivey
                                       Title: Treasurer

                                      S--1
<PAGE>

                                       AGENT:

                                       CITIBANK, N.A., as Agent

                                       By:
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                       CO-SYNDICATION AGENTS:

                                       JPMORGAN CHASE BANK
                                       (formerly known as
                                       THE CHASE MANHATTAN BANK),
                                       as Co-Syndication Agent and as a Bank

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                       COMMERZBANK AG, as Co-Syndication Agent

                                       By: /s/ Brian J. Campbell
                                          --------------------------------------
                                                   Senior Vice President
                                                     Authorized Officer

                                       By: /s/ D. L. Ward, Jr.
                                          --------------------------------------
                                                 Assistant Vice President
                                                   Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                      S--2
<PAGE>

                                       CO-DOCUMENTATION AGENTS:

                                       CREDIT LYONNAIS NEW YORK BRANCH,
                                       as Co-Documentation Agent and as a Bank

                                       By: /s/ Bernard Weymuller
                                          --------------------------------------
                                                  Senior Vice President
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                       BANK OF AMERICA, N.A.
                                       as Co-Documentation Agent and as a Bank

                                       By: /s/ Claire Liu
                                          --------------------------------------
                                                   Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                      S--3
<PAGE>

                                       BANKS:

                                       CITIBANK, N.A.

                                       By: /s/ Todd J. Mogil
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                      S--4
<PAGE>

                                       THE BANK OF NOVA SCOTIA

                                       By: /s/ M. D. Smith
                                          --------------------------------------
                                                            Agent
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                      S--5
<PAGE>

                                       BANK ONE NA (CHICAGO)

                                       By: /s/ Dianne L. Russell
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                      S--6
<PAGE>

                                       COMMERZBANK AG,
                                       NEW YORK AND GRAND CAYMAN BRANCHES

                                       By: /s/ Brian J. Campbell
                                          --------------------------------------
                                                   Senior Vice President
                                                     Authorized Officer

                                       By: /s/ D. L. Ward, Jr.
                                          --------------------------------------
                                                  Assistant Vice President
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                      S--7

<PAGE>

                                       THE FUJI BANK, LIMITED

                                       By: /s/ Jacques Azagury
                                          --------------------------------------
                                              Senior Vice President & Manager
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                      S--8
<PAGE>

                                       NATIONAL WESTMINSTER BANK PLC
                                       NEW YORK BRANCH

                                       By: /s/ Patricia J. Dundee
                                          --------------------------------------
                                          Name:  Patricia J. Dundee
                                          Title: Senior Vice President

                                       Date:                              , 2002
                                            ------------------------------

                                      S--9
<PAGE>

                                       ABN AMRO BANK, N.V.

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--10
<PAGE>

                                       BANK OF MONTREAL

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--11
<PAGE>

                                       THE BANK OF NEW YORK

                                       By: /s/ Raymond J. Palmer
                                          --------------------------------------
                                                      Vice President
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--12
<PAGE>

                                       BARCLAYS BANK PLC

                                       By: /s/ Nicholas A. Bell
                                          --------------------------------------
                                           Director, Loan Transaction Management
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--13
<PAGE>

                                       CIBC INC.

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--14
<PAGE>

                                       CREDIT SUISSE FIRST BOSTON

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--15
<PAGE>

                                       ROYAL BANK OF CANADA

                                       By: /s/ Tom J. Oberaigner
                                          --------------------------------------
                                                       Senior Manager
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--16
<PAGE>

                                       THE BANK OF TOKYO-MITSUBISHI, LTD.,
                                       HOUSTON AGENCY

                                       By:
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--17
<PAGE>

                                       FLEET NATIONAL BANK
                                       f/k/a Bank Boston, N.A.

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--18
<PAGE>

                                       SOCIETE GENERALE, SOUTHWEST AGENCY

                                       By: /s/ J. Douglas McMurray, Jr.
                                          --------------------------------------
                                                    Managing Director
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--19
<PAGE>

                                       THE INDUSTRIAL BANK OF JAPAN, LIMITED,
                                       NEW YORK BRANCH

                                       By: /s/ Michael N. Oakes
                                          --------------------------------------
                                           Senior Vice President, Houston Office
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--20
<PAGE>

                                       TORONTO DOMINION (TEXAS), INC.

                                       By: /s/ Jill Hall
                                          --------------------------------------
                                                      Vice President
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--21
<PAGE>

                                       UBS AG, STAMFORD BRANCH

                                       By: /s/ Patricia O'Ricki
                                          --------------------------------------
                                           Director, Banking Products Services
                                                    Authorized Officer

                                       By: /s/ Wilfred V. Saint
                                          --------------------------------------
                                          Associate Director Banking Products
                                                        Services US
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--22
<PAGE>

                                       WELLS FARGO BANK TEXAS, N.A.

                                       By: /s/ J. Alan Alexander
                                          --------------------------------------
                                                      Vice President
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--23
<PAGE>

                                       WESTDEUTSCHE LANDESBANK GIROZENTRALE, NEW
                                       YORK BRANCH

                                       By: /s/ Salvatore Battinelli
                                          --------------------------------------
                                           Managing Director, Credit Department
                                                   Authorized Officer

                                       By: /s/ Jeffrey S. Davidson
                                          --------------------------------------
                                                     Associate Director
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--24
<PAGE>

                                       CREDIT AGRICOLE INDOSUEZ

                                       By: /s/ Brian Knezeak
                                          --------------------------------------
                                                   First Vice President
                                                    Authorized Officer

                                       By: /s/ Mark Lvoff
                                          --------------------------------------
                                           First Vice President, Head of Energy
                                                          Platform
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--25
<PAGE>

                                       SUNTRUST BANK

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--26
<PAGE>

                                       THE DAI-ICHI KANGYO BANK, LTD.

                                       By: /s/ Maureen Carson
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--27
<PAGE>

                                       ARAB BANKING CORPORATION (B.S.C.)

                                       By: /s/ Robert J. Ivosevich
                                          --------------------------------------
                                                  Deputy General Manager
                                                    Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--28
<PAGE>

                                       BANK OF CHINA, NEW YORK BRANCH

                                       By:
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--29
<PAGE>

                                       BANK OF OKLAHOMA, N.A.

                                       By: /s/ Robert D. Mattax
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--30
<PAGE>

                                       BNP PARIBAS, HOUSTON AGENCY

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--31
<PAGE>

                                       KBC BANK N.V.

                                       By: /s/ Robert Snauffer
                                          --------------------------------------
                                                   First Vice President
                                                    Authorized Officer

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                       Vice President
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--32
<PAGE>

                                       SUMITOMO MITSUI BANKING CORPORATION

                                       By: /s/ C. Michael Garrido
                                          --------------------------------------
                                                    Senior Vice President
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--33
<PAGE>

                                       COMMERCE BANK, N.A.

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--34
<PAGE>

                                       RZB FINANCE LLC

                                       By:
                                          --------------------------------------
                                                     Authorized Officer

                                       By:
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--35
<PAGE>

                                       FIRST UNION NATIONAL BANK

                                       By: /s/ Robert R. Wetteroff
                                          --------------------------------------
                                                   Senior Vice President
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--36
<PAGE>

                                       UMB BANK, N.A.

                                       By: /s/ Kathy Trigg
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--37
<PAGE>

                                       MERRILL LYNCH BANK USA

                                       By: /s/ Preston L. Jackson
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--38
<PAGE>

                                       LEHMAN COMMERCIAL PAPER INC.

                                       By: /s/ Michele Swanson
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--39
<PAGE>

                                       NATEXIS BANQUES POPULAIRES

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                       By: /s/ Signature not legible
                                          --------------------------------------
                                                     Authorized Officer

                                       Date:                              , 2002
                                            ------------------------------

                                     S--40<PAGE>
                                                                   EXHIBIT 10(k)

                     THIRD AMENDMENT TO TERM LOAN AGREEMENT

         THIS THIRD AMENDMENT TO TERM LOAN AGREEMENT (the "AMENDMENT") is
entered into effective as of February 7, 2002, among The Williams Companies,
Inc., a Delaware corporation (the "COMPANY"), Credit Lyonnais New York Branch,
as Administrative Agent (in such capacity, "ADMINISTRATIVE AGENT"), and certain
LENDERS (herein so called) named on SCHEDULE 2.1 (as amended and supplemented
from time to time) of the Term Loan Agreement (as hereinafter defined).

                                    RECITALS

         A. The Company, Lenders, Commerzbank AG New York and Cayman Island
Branches, as Syndication Agent, The Bank of Nova Scotia, as Documentation Agent,
and Administrative Agent entered into that certain Term Loan Agreement dated as
of April 7, 2000, as modified and amended pursuant to that certain First
Amendment to Term Loan Agreement dated as of August 21, 2000 and that certain
Waiver and Second Amendment to Term Loan Agreement dated as of January 31, 2001
(such Term Loan Agreement, as so modified and amended, herein referred to as the
"TERM LOAN AGREEMENT") which Term Loan Agreement has been further modified by
that certain letter agreement (the "PRIOR WAIVER LETTER"), dated as of November
6, 2000, and that certain Limited Waiver of Term Loan Agreement dated as of July
20, 2001 (the "JULY WAIVER", and together with the Prior Waiver Letter herein
collectively referred to as "EXISTING WAIVERS"). Unless otherwise indicated
herein, all terms used with their initial letter capitalized are used herein
with their meaning as defined in the Term Loan Agreement, and all Section
references are to Sections in the Term Loan Agreement.

         B. The Company has requested that the Lenders further modify and amend
certain terms and provisions of the Term Loan Agreement.

         C. The Lenders are willing to so modify and amend the Term Loan
Agreement, as requested, in accordance with the terms and provisions set forth
herein and upon the condition that the Company and the Determining Lenders shall
have executed and delivered this Amendment and that the Company shall have fully
satisfied the terms and conditions hereof.

         NOW, THEREFORE, in consideration of the premises and other good and
valuable consideration, the receipt and adequacy of which are hereby
acknowledged, the Company, Administrative Agent and the Lenders hereby agree, as
follows:

PARAGRAPH 1. AMENDMENT OF SECTION 1.1 OF THE TERM LOAN AGREEMENT.

         1.1 DEFINITIONS. SECTION 1.1 of the Term Loan Agreement is hereby
amended, as follows:

                  (a) The definition of "DEBT" in such SECTION 1.1 is hereby
amended and restated to read in its entirety as follows:

                  "DEBT" means, in the case of any Person, (i) indebtedness of
         such Person for borrowed money, (ii) obligations of such Person
         evidenced by bonds, debentures or notes, (iii) obligations of such
         Person to pay the deferred purchase price of property or

                                       1
<PAGE>

         services (other than trade payables not overdue by more than 60 days
         incurred in the ordinary course of business), (iv) monetary obligations
         of such Person as lessee under leases that are, in accordance with
         generally accepted accounting principles, recorded as capital leases,
         (v) obligations of such Person under guaranties in respect of, and
         obligations (contingent or otherwise) to purchase or otherwise acquire,
         or otherwise to assure a creditor against loss in respect of,
         indebtedness or obligations of others of the kinds referred to in
         clauses (i) through (iv) of this definition and (vi) indebtedness or
         obligations of others of the kinds referred to in clauses (i) through
         (v) of this definition secured by any Lien on or in respect of any
         property of such Person; provided, however, that (w) Debt shall not
         include any obligations of the Company in respect of the FELINE PACS;
         (x) Debt shall not include any obligation under or resulting from any
         agreement referred to in paragraph (y) of SCHEDULE I; (y) in the case
         of the Company, Debt shall not include any contingent obligation of the
         Company relating to indebtedness incurred by any SPV, WCG or a WCG
         Subsidiary pursuant to the WCG Structured Financing (except that in the
         event that the WCG Refinancing Transaction shall have occurred, then
         Debt shall include the aggregate amount of the WCG Structured Financing
         for which the Company or any of its Subsidiaries shall have become
         directly and primarily liable); and (z) it is the understanding of the
         parties hereto that Debt shall not include any monetary obligations or
         guaranties of monetary obligations of Persons as lessee under leases
         that are, in accordance with GAAP, recorded as operating leases.

                  (b) The following definition of "FELINE PACS" is hereby
inserted in the alphabetically appropriate location in such SECTION 1.1:

                  "FELINE PACS" means those certain units, as described in the
         Company's prospectus supplement dated January 7, 2002, issued by the
         Company in January, 2002 in an aggregate face amount of $1,100,000,000.

                  (c) The definition of "NET WORTH" in such SECTION 1.1 is
hereby amended and restated to read in its entirety as follows:

                  "NET WORTH" of any Person means, as of any date of
         determination the excess of total assets of such Person over total
         liabilities of such Person, total assets and total liabilities each to
         be determined in accordance with GAAP; provided, however, that for
         purposes of calculating Net Worth, total liabilities shall not include
         any obligations of the Company in respect of the FELINE PACS.

                  (d) The definition of "WCG NOTE" is hereby inserted in the
alphabetically appropriate location in such SECTION 1.1:

                  "WCG NOTE" means that certain promissory note dated March 28,
         2001 issued by WCG to WCG Note Trust, a Delaware business trust, in a
         principal amount of $1,500,000,000 with a maturity date of March 31,
         2008.

                  (e) The definition of "WCG REFINANCING TRANSACTION" is hereby
inserted in the alphabetically appropriate location in such SECTION 1.1:

                  "WCG REFINANCING TRANSACTION" means any transaction or series
         of related transactions pursuant to which the Company or any Subsidiary
         of the Company becomes directly and primarily liable to the holders of
         the WCG Senior Notes for an aggregate

                                       2
<PAGE>

         amount not exceeding the outstanding principal of the WCG Senior Notes,
         together with all accrued and unpaid interest thereon, any fees, and
         any premiums or make-whole payments payable as a result of a prepayment
         or early redemption of the WCG Senior Notes, including, without
         limitation, by means of (i) any amendment to the transaction documents
         pursuant to which the WCG Senior Notes were issued, (ii) an exchange
         offer or tender offer for the WCG Senior Notes or the WCG Note in
         consideration for which the Company or any Subsidiary of the Company
         issues debt securities of the Company or any Subsidiary of the Company,
         (iii) any redemption or repurchase, in whole or in part, of the WCG
         Senior Notes by the Company or any Subsidiary of the Company, (iv) any
         exercise of the "Share Trust Release Option" as defined in the
         transaction documents pursuant to which the WCG Senior Notes were
         issued, or (v) the Company or any Subsidiary of the Company making any
         payments in respect of the WCG Senior Notes or the WCG Note.

                  (f) The definition of "WCG REIMBURSEMENT OBLIGATIONS" is
hereby inserted in the alphabetically appropriate location in such SECTION 1.1:

                  "WCG REIMBURSEMENT OBLIGATIONS" means any obligations of any
         WCG Subsidiary in favor of the Company, any Subsidiary of the Company
         or the WCG Senior Notes Issuer pursuant to which such WCG Subsidiary
         has agreed to pay the Company, any Subsidiary of the Company or the WCG
         Senior Notes Issuer an amount equal to or less than the total amount of
         the obligations incurred by the Company and/or its Subsidiaries in
         connection with the WCG Refinancing Transaction, including, without
         limitation, in respect of principal, interest, fees and any premiums or
         make-whole payments payable as a result of a prepayment or early
         redemption of the WCG Senior Notes.

                  (g) The definition of "WCG SENIOR NOTES" is hereby inserted in
the alphabetically appropriate location in such SECTION 1.1:

                  "WCG SENIOR NOTES" means those certain 8.25% Senior Secured
         Notes due 2004 in an aggregate principal amount of $1,400,000,000
         issued by the WCG Senior Notes Issuer.

                  (h) The definition of "WCG SENIOR NOTES ISSUER" is hereby
inserted in the alphabetically appropriate location in such SECTION 1.1:

                  "WCG SENIOR NOTES ISSUER" means, collectively, WCG Note Trust,
         a Delaware business trust, and WCG Note Corp., Inc., a Delaware
         corporation.

         1.2 SECTION 8.7. SECTION 8.7 of the Credit Agreement is hereby amended
by deleting the word "or" at the end of subclause (c) and period at the end of
subclause (d) thereof, inserting in place of the period at the end of subclause
(d) a semicolon and the word "or" and inserting the following new subclause (e)
immediately following the existing subclause (d):

                  "(e) Williams Pipeline Company, LLC from (1) selling,
         conveying or otherwise transferring all or substantially all of its
         assets to another Person or (2) merging or consolidating with or into
         another Person, in either case, for fair-market value and on
         commercially reasonable terms and conditions in the good faith judgment
         of the Company."

                                       3
<PAGE>

         1.3 SECTION 8.9. SECTION 8.9 is hereby amended and restated to read in
its entirety as follows:

                  "8.9 Loans and Advances. The Company shall not make or permit
         to remain outstanding or allow any of its Subsidiaries to make or
         permit to remain outstanding, any loan or advance to, or own, purchase
         or acquire any obligations or debt securities of any WCG Subsidiary,
         except that the Company and its Subsidiaries may (i) make and permit to
         remain outstanding loans and advances to a WCG Subsidiary existing as
         of July 25, 2000 and listed on Exhibit F hereto (and such WCG
         Subsidiaries may permit such loans and advances on Exhibit F to remain
         outstanding), (ii) purchase or acquire the WCG Senior Notes or the WCG
         Note pursuant to the WCG Refinancing Transaction, and (iii) purchase or
         acquire and permit to remain outstanding, the WCG Reimbursement
         Obligations. Except for those investments in existence on July 25, 2000
         and listed on Exhibit F hereof, purchases or acquisitions pursuant to
         the WCG Refinancing Transaction and purchases or acquisitions of WCG
         Reimbursement Obligations, the Company shall not, and shall not permit
         any of its Subsidiaries to, acquire or otherwise invest in any stock or
         other equity or other ownership interest in a WCG Subsidiary."

         1.4 SECTION 8.13. SECTION 8.13 is hereby amended by deleting the period
at the end of such Section and inserting in its place the following:

                  "; provided, however, that nothing contained herein shall
         prohibit or otherwise restrict the ability of the Company or any
         Subsidiary of the Company from incurring liability pursuant to the WCG
         Refinancing Transaction."

         1.5 SECTION 8.15. SECTION 8.15 is hereby amended by deleting the period
at the end of the last sentence of such Section and inserting in its place the
following:

                  "; provided, however, that nothing contained herein shall
         prohibit or otherwise restrict the ability of the Company or any
         Subsidiary of the Company to use the proceeds of any Borrowing to own,
         purchase or acquire the WCG Senior Notes pursuant to the WCG
         Refinancing Transaction."

PARAGRAPH 2. AMENDMENT EFFECTIVE DATE. This Amendment shall be binding upon all
parties to the Loan Papers on the last day upon which the following has
occurred:

                  (a) Administrative Agent shall have received a certificate of
         the Secretary or Assistant Secretary of the Company as to (i) any
         changes (or the absence of changes) since April 7, 2000, to its
         certificate of incorporation and its by-laws as of the date hereof,
         (ii) the resolutions of the Company authorizing the execution of this
         Amendment, and (iii) the names and true signatures of the officers
         authorized to execute this Amendment; and

                  (b) Counterparts of this Amendment shall have been executed
         and delivered to Administrative Agent by the Company, Administrative
         Agent, and the Determining Lenders or when Administrative Agent shall
         have received telecopied, telexed, or other evidence satisfactory to it
         that all such parties have executed and are delivering to
         Administrative Agent counterparts thereof.

Upon satisfaction of the foregoing conditions, (i) this Amendment shall be
deemed effective on and as of February 7, 2002 (the "AMENDMENT EFFECTIVE DATE").

                                       4
<PAGE>

PARAGRAPH 3. REPRESENTATIONS AND WARRANTIES. As a material inducement to Lenders
to execute and deliver this Amendment, the Company hereby represents and
warrants to Lenders (with the knowledge and intent that Lenders are relying upon
the same in entering into this Amendment) the following: (a) the representations
and warranties in the Term Loan Agreement and in all other Loan Papers are true
and correct on the date hereof in all material respects, as though made on the
date hereof except to the extent such representations and warranties relate to
an earlier date and except with respect to Section 7.6 of the Term Loan
Agreement for certain class-action lawsuits filed on or after January 29, 2002
alleging fraud and other violations of applicable securities laws; (b) no
Default or Potential Default exists under the Loan Papers; and (c) the terms and
provisions of the FELINE PACS transactions described in PARAGRAPH 1 hereof have
been accurately and completely described herein and in the other documents
provided to the Administrative Agent and the Lenders in connection herewith.

PARAGRAPH 4. MISCELLANEOUS.

         4.1 EFFECT ON LOAN DOCUMENTS. The Term Loan Agreement and all related
Loan Papers shall remain unchanged and in full force and effect, except as
provided in this Amendment, and are hereby ratified and confirmed. On and after
the Amendment Effective Date, all references to the "TERM LOAN AGREEMENT" shall
be to the Term Loan Agreement as herein amended. The execution, delivery, and
effectiveness of this Amendment shall not, except as expressly provided herein,
operate as a waiver of any Rights of the Lenders under the Term Loan Agreement
or any Loan Papers, nor constitute a waiver under the Term Loan Agreement or any
other provision of the Loan Papers.

         4.2 REFERENCE TO MISCELLANEOUS PROVISIONS. This Amendment and the other
documents delivered pursuant to this Amendment are part of the Loan Papers
referred to in the Term Loan Agreement, and the provisions relating to Loan
Papers set forth in SECTION 12 are incorporated herein by reference the same as
if set forth herein verbatim.

         4.3 FEES. The Company shall pay (a) to each Lender that shall have
approved this Amendment and shall have delivered to the Administrative Agent a
duly executed counterpart hereof not later than 5:00 p.m. central standard time
on February 8, 2002, a fee equal to 0.25% of each such Lender's respective
Committed Sum, and (b) to each other Lender that shall have approved this
Amendment and shall have delivered a duly executed counterpart hereof not later
than 5:00 p.m. central standard time on February 14, 2002, a fee equal to 0.10%
of each such other Lender's respective Committed Sum.

         4.4 COSTS AND EXPENSES. The Company agrees to pay promptly the
reasonable fees and expenses of counsel to Administrative Agent for services
rendered in connection with the preparation, negotiation, reproduction,
execution, and delivery of this Amendment.

         4.5 COUNTERPARTS. This Amendment may be executed in a number of
identical counterparts, each of which shall be deemed an original for all
purposes, and all of which constitute, collectively, one agreement; but, in
making proof of this Amendment, it shall not be necessary to produce or account
for more than one such counterpart. It is not necessary that all parties execute
the same counterpart so long as identical counterparts are executed by the
Company, each Determining Lender, and Administrative Agent.

         4.6 THIS WRITTEN AGREEMENT REPRESENTS THE FINAL AGREEMENT AMONG THE
PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR,

                                       5
<PAGE>

CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENT OF THE PARTIES. THERE ARE NO
UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES.

         Executed as of the date first above written, but effective as of the
Amendment Effective Date.

                   [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK
                             SIGNATURE PAGES FOLLOW]

                                       6
<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

Address for notices
One Williams Center, Suite 5000                 THE WILLIAMS COMPANIES, INC.,
Tulsa, Oklahoma 74172                           a Delaware corporation
Attn: Treasurer
Telephone No.: (918) 573-5551
Facsimile No.: (918) 573-2065                   By:      /s/ James G. Ivey
                                                   -----------------------------
                                                Name:  James G. Ivey
                                                Title: Treasurer

With a copy to:
One Williams Center, Suite 4100
Tulsa, Oklahoma 74172
Attn: Associate General Counsel
Telephone No.: (918) 573-2613
Facsimile No.: (918) 573-4503

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

1301 Avenue of the Americas                 CREDIT LYONNAIS NEW YORK BRANCH, as
New York, New York 10019                    Administrative Agent and as a Lender

                                            By:       /s/ Bernard Wevmuller
                                                --------------------------------
                                            Name:  Bernard Wevmuller
                                                  ------------------------------
                                            Title: Senior Vice President
                                                   -----------------------------

With a copy to:
1000 Louisiana Street, Suite 5360
Houston, Texas 77002
Attention: Mr. Robert LaRocque
Telephone No.: 713-753-8733
Facsimile No.: 713-751-0307

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

1230 Peachtree Street, Suite 3500           COMMERZBANK AG NEW YORK AND GRAND
Atlanta, Georgia 30309                      CAYMAN BRANCHES, as Syndication
Attn: Brian Campbell                        Agent, as a Lender and as a
Telephone: (404) 888-6518                   Designating Lender
Facsimile: (404) 888-6539
                                            By:      /s/ Brian J. Campbell
                                                --------------------------------
                                            Name:  Brian J. Campbell
                                                  ------------------------------
                                            Title: Senior Vice President
                                                   -----------------------------

With a copy to:

                                            By:       /s/ D. L. Ward, Jr.
                                                --------------------------------
Holland & Knight                            Name:  D. L. Ward, Jr.
1201 West Peachtree Street, Suite 2000            ------------------------------
Atlanta, Georgia 30309                      Title: Asst. Vice President
Attn: Ms. Sherie Holmes                            -----------------------------
Telephone: (404) 898-8197
Facsimile: (404) 881-0470

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

                                           FOUR WINDS FUNDING CORPORATION, as a
                                           Designated Lender

                                           By COMMERZBANK AKTIENGESELLCHAFT, as
                                              Administrator and Attorney-in-Fact

                                           By:
                                               ---------------------------------
                                           Name:
                                                 -------------------------------
                                           Title:
                                                  ------------------------------

                                           By:
                                               ---------------------------------
                                           Name:
                                                 -------------------------------
                                           Title:
                                                  ------------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

1100 Louisiana Street, Suite 3000           THE BANK OF NOVA SCOTIA,
Houston, Texas 77002                        as Documentation Agent and as a
Attn: Joe Latanzie                          Lender
Telephone: (713) 759-3435
Facsimile: (713) 752-2425                   By:         /s/ M. D. Smith
                                                 -------------------------------
                                            Name: M. D. Smith
                                                  ------------------------------
                                            Title: Agent, Operations
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

1020 19th Street, NW, Suite 500             ABU DHABI INTERNATIONAL BANK INC.,
Washington, DC 20036                        as a Lender
Attn: David Young
Telephone: (202) 842-7956
Facsimile: (202) 842-7955                   By:       /s/ David J. Young
                                                --------------------------------
                                            Name:  David J. Young
                                                  ------------------------------
                                            Title: Vice President
                                                   -----------------------------

                                            By:         /s/ Nagy S. Kolta
                                                --------------------------------
                                            Name:  Nagy S. Kolta
                                                  ------------------------------
                                            Title: Executive Vice President
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

470 Park Avenue South                       BANK POLSKA KASA OPIEKI S.A.,
32nd Street, 15th Floor                     as a Lender
New York, New York 10016
Attn: Hussein El-Tawil
Telephone: (212) 251-1245                   By:      /s/ Hussein B. El-Tawil
Facsimile: (212) 679-5910                       --------------------------------
                                            Name:  Hussein B. El-Tawil
                                                  ------------------------------
                                            Title: Vice President
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

Strong Capital Management                   STRONG ADVANTAGE FUND, INC.
100 Heritage Reserve                        as a Lender
Menomonee Falls, Wisconsin  53201
Attn: Joe Ford
Telephone: (414) 973-5266                   By:  /s/ Gilbert L. Southwell, III
Facsimile: (414) 973-5239                       --------------------------------
                                            Name:  Gilbert L. Southwell, III
                                                  ------------------------------
                                            Title: Associate Counsel
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

c/o JP Morgan Chase                         CHANG HWA COMMERCIAL BANK, LTD., NEW
4 Chase MetroTech Center                    YORK BRANCH, as a Lender
20th Floor (West)
Brooklyn, New York 11245
Attn: Vivian Chen                           By:       /s/ Ming-Hsien Lin
Telephone: (718) 242-8815                       --------------------------------
Facsimile: (718) 242-7159                   Name:  Ming-Hsien Lin
                                                  ------------------------------
                                            Title: VP & General Manager
                                                   -----------------------------

With a copy to:

c/o JP Morgan Chase
4 Chase MetroTech Center
20th Floor (West)
Brooklyn, New York 11245
Attn: Peter Lieu
Telephone: (718) 242-3688
Facsimile: (718) 242-7159

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

16333 Broadway, 40th Floor                  THE DAI-ICHI KANGYO BANK, LTD., as a
New York, New York 10019                    Lender
Attn: Maureen Carson
Telephone: (212) 649-0325                   By:        /s/ Maureen Carson
Facsimile: (212) 541-4822                       --------------------------------
                                            Name:  Maureen Carson
                                                  ------------------------------
                                            Title: Account Officer
                                                   -----------------------------

With a copy to:

16333 Broadway, 40th Floor
New York, New York 10019
Attn: Bert Tang
Telephone: (212) 432-8839
Facsimile: (212) 541-4805

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

76 Madison Avenue, 12th Floor               FIRST COMMERCIAL BANK - NEW YORK
New York, New York 10016                    AGENCY, as a Lender
Attn: Max Kwok
Telephone: (212) 684-9248                   By:
Facsimile: (212) 684-9315                       --------------------------------
                                            Name:
                                                  ------------------------------
                                            Title:
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

380 Madison Avenue, 21st Floor              GULF INTERNATIONAL BANK,
New York, New York 10017                    as a Lender
Attn: Bill Shepard
Telephone: (212) 922-2323
Facsimile: (212) 922-2309                   By:      /s/ William B. Shepard
                                                --------------------------------
                                            Name:  William B. Shepard
                                                  ------------------------------
                                            Title: Vice President
                                                   -----------------------------

                                            By:        /s/ Issa N. Baconi
                                                --------------------------------
                                            Name:  Issa N. Baconi
                                                  ------------------------------
                                            Title: EVP & Branch Manager
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

200 Madison Avenue, Suite 20007             HUA NAN COMMERCIAL BANK, LTD.,
New York, New York 10016                    as a Lender
Attn: Frank Tang
Telephone: (646) 435-1881
Facsimile: (212) 417-9341                   By:       /s/ Yun-Peng Chang
                                                --------------------------------
                                            Name:  Yun-Peng Chang
                                                  ------------------------------
                                            Title: SVP & General Manager
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

150 East 42nd Street, 29th Floor            BAYERISCHE HYPO-UND
New York, New York 10017                    VEREINSBANK AG, NEW YORK
Attn: Steve Atwell                          BRANCH, as a Lender
Telephone: (212) 672-5458
Facsimile: (212) 672-5530
                                            By:       /s/ Shannon Batchman
                                                --------------------------------
                                            Name:    Shannon Batchman
                                                  ------------------------------
                                            Title:   Director
                                                   -----------------------------

                                            By:         /s/ Steven Atwell
                                                --------------------------------
                                            Name:  Steven Atwell
                                                  ------------------------------
                                            Title: Director
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

245 Peachtree Center Avenue, Suite 2550     KBC BANK N.V., as a Lender
Atlanta, Georgia 30303
Attn: Filip Ferrante
Telephone: (404) 584-5466                   By:         /s/ Robert Snauffer
Facsimile: (404) 584-5465                       --------------------------------
                                            Name:  Robert Snauffer
                                                  ------------------------------
                                            Title: First Vice President
                                                   -----------------------------

                                            By:          /s/ Eric Raskin
                                                --------------------------------
                                            Name:  Erick Raskin
                                                  ------------------------------
                                            Title: Vice President
                                                   -----------------------------

With a copy to:

125 West 55th Street
New York, New York 10019
Attn: Diane Grimmig
Telephone: (212) 541-0707
Facsimile: (212) 541-0784

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]
<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

Grosse Bleiche 54-56                        LANDESBANK RHEINLAND-PFALZ,
Mainz, Germany 55098                        GIROZENTRALE,
Attn: Daniel Juncker                        as a Lender
Telephone: (011) 49-61-31-133374
Facsimile: (011) 49-61-31-132599
                                            By:
                                                --------------------------------
                                            Name:
                                                  ------------------------------
                                            Title:
                                                   -----------------------------

                                            By:
                                                --------------------------------
                                            Name:
                                                  ------------------------------
                                            Title:
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

Ursulinenstra(beta)e 2                      LANDESBANK SAAR GIROZENTRALE,
66111 Saarbrucken, Germany                  as a Lender
Attn: Rolf Buchholz
Telephone: (011) 49-681-383-1304
Facsimile: (011) 49-681-383-1208            By:
                                                --------------------------------
                                            Name:
                                                  ------------------------------
                                            Title:
                                                   -----------------------------

                                            By:
                                                --------------------------------
                                            Name:
                                                  ------------------------------
                                            Title:
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]
<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

Martensdamm 6                               LANDESBANK SCHLESWIG-HOLSTEIN
Kiel, Germany 24103                         GIROZENTRALE, as a Lender
Attn: Kerstin Spaeter
Telephone: (011) 49-431-900-2765
Facsimile: (011) 49-431-900-1794            By:      /s/ Dr. Nikolai Ulrich
                                                --------------------------------
                                            Name:  Dr. Nikolai Ulrich
                                                   -----------------------------
                                            Title: Vice President
                                                   -----------------------------

                                            By:         /s/ Klaus Reimers
                                                --------------------------------
                                            Name:  Klaus Reimers
                                                  ------------------------------
                                            Title: Assistant Vice President
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]
<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

811 Wilshire Boulevard, Suite 1900          LAND BANK OF TAIWAN, LOS ANGELES
Los Angeles, California 90017               BRANCH, as a Lender
Attn: Jonathan Kuo
Telephone: (213) 532-3789                   By:
Facsimile: (213) 532-3766                       --------------------------------
                                            Name:
                                                  ------------------------------
                                            Title:
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]
<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

2250 East 73rd Street, Suite 200            LOCAL OKLAHOMA BANK, N.A.,
Tulsa, Oklahoma 74136                       as a Lender
Attn: Elisabeth Blue
Telephone: (918) 497-2422
Facsimile: (918) 497-2497                   By:       /s/ Elisabeth F. Blue
                                               ---------------------------------
                                            Name:    Elisabeth F. Blue
                                                  ------------------------------
                                            Title:   Senior Vice President
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]
<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

299 Park Avenue, 17th Floor                NATIONAL BANK OF KUWAIT,  S.A.K.,
New York, New York 10171                   GRAND CAYMAN BRANCH, as a
Attn: Wendy Wanninger                      Lender
Telephone: (212) 303-9807
Facsimile: (212) 888-2958
                                           By:         /s/ Muhammad Kamal
                                               ---------------------------------
                                           Name:    Muhammad Kamal
                                                 -------------------------------
                                           Title:   General Manager
                                                  ------------------------------

                                           By:         /s/ Robert J. McNeill
                                               ---------------------------------
                                           Name:    Robert J. McNeill
                                                 -------------------------------
                                           Title:   Executive Manager
                                                  ------------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

1200 Smith Street, Suite 3100               BNP PARIBAS, as a Lender
Houston, Texas 77002
Attn: Mark Cox
Telephone: (713) 982-1152                   By:        /s/ Brian M. Malone
Facsimile: (713) 859-6915                       --------------------------------
                                            Name:    Brian M. Malone
                                                  ------------------------------
                                            Title:   Managing Director
                                                   -----------------------------

                                            By:        /s/ Greg Smothers
With a copy to:                                 --------------------------------
                                            Name:    Greg Smothers
                                                  ------------------------------
                                            Title:   Vice President
1200 Smith Street, Suite 3100                      -----------------------------
Houston, Texas 77002
Attn: David Dodd
Telephone: (713) 982-1156
Facsimile: (713) 859-6915

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]
<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

135 Bishopsgate                             THE ROYAL BANK OF SCOTLAND PLC,
London, England EC2M 3UR                    as a Lender
Attn: Jane Woodley
Telephone: (011) 44-207-375-5724
Facsimile: (011) 44-207-375-5919            By:        /s/ Keith Johnson
                                               --------------------------------
                                            Name:    Keith Johnson
                                                  ------------------------------
                                            Title:   Senior Vice President
                                                   -----------------------------

With a copy to:

JP Morgan Chase Towers
600 Travis, Suite 6070
Houston, Texas 77002
Attn: Adam Pettifer
Telephone: (713) 221-2416
Facsimile: (713) 221-2430

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]
<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

277 Park Avenue, 6th Floor                  SUMITOMO MITSUI BANKING
New York, New York 10172                    CORPORATION, as a Lender
Attn: Bruce Meredith
Telephone: (212) 224-4194
Facsimile: (212) 224-4384                   By:      /s/ C. Michael Garrido
                                               ---------------------------------
                                            Name:    C. Michael Garrido
                                                  ------------------------------
                                            Title:   Senior Vice President
                                                   -----------------------------

With a copy to:

277 Park Avenue, 6th Floor
New York, New York 10172
Attn: Kenneth Austin
Telephone: (212) 224-4043
Facsimile: (212) 224-4384

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

1221 McKinney Street, Suite 4100            THE INDUSTRIAL BANK OF JAPAN,
Houston, Texas 77010                        LIMITED, NEW YORK BRANCH, as a
Attn: Lynn Williford                        Lender
Telephone: (713) 651-9444 x104
Facsimile: (713) 651-9209                   By:        /s/ Michael N. Oakes
                                                --------------------------------
                                            Name:    Michael N. Oakes
                                                  ------------------------------
                                            Title:   Senior Vice President,
                                                     Houston Office
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

<PAGE>

         Signature Page to that certain Third Amendment to Term Loan Agreement
dated effective as of February 7, 2002, among The Williams Companies, Inc., as
the Company, Credit Lyonnais New York Branch, as Administrative Agent and as a
Lender, and certain Lenders named therein.

55 East 52nd Street, 11th Floor             UNITED FINANCIAL OF JAPAN, as a
New York, New York 10055                    Lender
Attn: Ryoichi Konishi
Telephone: (212) 339-6172                   By:
Facsimile: (212) 754-2360                       --------------------------------
                                            Name:
                                                  ------------------------------
                                            Title:
                                                   -----------------------------

                       [SIGNATURE PAGE TO THIRD AMENDMENT
                             TO TERM LOAN AGREEMENT]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}]]