Document:

<PAGE>

                                                                    EXHIBIT 4.10

                               FIRST AMENDMENT TO
                           THE BANK CREDIT AGREEMENT

         THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this "First Amendment"),
dated as of December 4, 2001, is entered into among BUTLER MANUFACTURING
COMPANY, a Delaware corporation ("Borrower"), the banks listed on the signature
pages hereof (collectively, the "Lenders"), and BANK OF AMERICA, N.A., as
Administrative Lender (in said capacity, the "Administrative Lender").

         A. Borrower, the Lenders and Administrative Lender are parties to that
certain Credit Agreement, dated as of June 20, 2001 (the "Credit Agreement"; the
terms defined in the Credit Agreement and not otherwise defined herein shall be
used herein as defined in the Credit Agreement).

         B. Borrower, Lenders and Administrative Lender desire to amend the
Credit Agreement.

         NOW, THEREFORE, in consideration of the covenants, conditions and
agreements hereafter set forth, and for other good and valuable consideration,
the receipt and adequacy of which are all hereby acknowledged, Borrower, Lenders
and Administrative Lender covenant and agree as follows:

          1.      AMENDMENTS TO CREDIT AGREEMENT.

         (a) Article 1 of the Credit Agreement is hereby amended by adding the
definition of "Cash and Cash Equivalents" thereto in proper alphabetical order
to read as follows:

                  "Cash and Cash Equivalents" means, with respect to the
         Borrower and each of its Subsidiaries as of any date of determination,
         (a) the remainder of (i) all cash of the Borrower and its Domestic
         Subsidiaries on hand as of such date, minus (ii) an amount equal to 1%
         of the consolidated revenue of the Borrower generated by the Borrower
         and its Domestic Subsidiaries for the period of four consecutive fiscal
         quarters ending on such date, plus (b) Eligible Securities as of such
         date.

         (b) Article 1 of the Credit Agreement is hereby amended by adding the
definition of "Eligible Securities" thereto in proper alphabetical order to read
as follows:

                  "Eligible Securities" means (a) securities issued or directly
         and fully guaranteed or insured by the United States Government or any
         agency or instrumentality thereof having maturities of not more than
         one year from the date of acquisition; (b) commercial paper or bankers'
         acceptances rated A-1 or the equivalent thereof by S&P or P-1 or the
         equivalent thereof by Moody's having maturities of not more than 180
         days from the date of acquisition]; (c) auction rate securities rated
         at least AA or the equivalent thereof by S&P having maturities of not
         more than one year from the date of acquisition; (d) variable rate
         demand notes backed by a letter of credit issued by Bank of America
         having maturities of not more than one year from the date of
         acquisition; (e) municipal securities rated at least AA or the
         equivalent thereof by S&P having maturities of not more than one year
         from the date

<PAGE>

          of acquisition; (f) non-interest bearing demand deposits and interest
          bearing demand or time deposits or certificates of deposits maturing
          within one year from the date of issuance, in each case either (i)
          issued by a Lender or by a United States commercial bank or trust
          company having capital surplus and undivided profits aggregating at
          least $500,000,000 and being rated at least "A" or the equivalent
          thereof by S&P or at least "A" or the equivalent thereof by Moody's or
          (ii) in an amount not in excess of applicable deposit insurance; and
          (g) mutual funds which invest primarily in underlying securities of
          types described in clauses (a) through (f) above.

         (c) Article 1 of the Credit Agreement is hereby amended by adding the
definition of "Moody's" thereto to read as follows:

         "Moody's" means Moody's Investors Services, Inc.

         (d) Article 1 of the Credit Agreement is hereby added by adding the
definition of "S&P" thereto to read as follows:

         "S&P" means Standard & Poor's Ratings Group, a division of McGraw-Hill,
Inc.

         (e) The definition of "Leverage Ratio" set forth in Section 1.1 of the
Credit Agreement is hereby amended to read as follows:

                  "Leverage Ratio" means, as of any date of determination, the
         ratio of (a) an amount equal to the remainder of (i) Total Funded Debt
         as of such date minus (ii) Cash and Cash Equivalents as of such date,
         to (b) EBITDA for the period of four consecutive fiscal quarters ending
         on such date. For purposes of calculating the Leverage Ratio, EBITDA
         shall include (exclude) the trailing four quarters of EBITDA
         attributable to any assets acquired (disposed of) during such period,
         as determined by a method prepared by the Borrower and which is
         reasonably satisfactory to the Determining Lenders.

         (f) The second sentence of Section 2.16(a) of the Credit Agreement is
hereby amended to read as follows:

                  No Letter of Credit shall have an expiration date (including
         all rights of renewal) later than ten days prior to the Maturity Date,
         except that any Letter of Credit may have an automatic renewal
         provision that could result in the expiration date of such Letter of
         Credit extending beyond the Maturity Date, provided that (i) such
         Letter of Credit must permit the Issuing Bank to prevent any such
         renewal beyond the Maturity Date by giving prior notice to the
         beneficiary thereof and (ii) the Issuing Bank shall give such notice to
         prevent such renewal.

<PAGE>

         (g) The Compliance Certificate is hereby amended to be in the form
of Exhibit D hereto.

         2. REPRESENTATIONS AND WARRANTIES TRUE: NO EVENT OF DEFAULT. By its
execution and delivery hereof, Borrower represents and warrants that, as of the
date hereof and after giving effect to the amendments contemplated by the
foregoing Section 1:

         (a) the representations and warranties contained in the Credit
Agreement are true and correct on and as of the date hereof as if made on and as
of such date;

         (b) no event has occurred and is continuing which constitutes a Default
or an Event of Default;

         (c) Borrower has full power and authority to execute and deliver this
First Amendment, and this First Amendment and the Credit Agreement, as amended
hereby, constitute the legal, valid and binding obligations of Borrower,
enforceable in accordance with their respective terms, except as enforceability
may be limited by applicable debtor relief laws and by general principles of
equity (regardless of whether enforcement is sought in a proceeding in equity or
at law) and except as rights to indemnity may be limited by federal or state
securities laws;

         (d) neither the execution, delivery and performance of this First
Amendment or the Credit Agreement, as amended hereby, nor the consummation of
any transactions contemplated herein or therein, will conflict with any Law to
which Borrower or any of its Subsidiaries is subject, or any indenture,
agreement or other instrument to which Borrower or any of its Subsidiaries or
any of their respective property is subject; and

         (e) no authorization, approval, consent, or other action by, notice to,
or filing with, any governmental authority or other Person (including the Board
of Directors of Borrower), is required for the execution, delivery or
performance by (i) Borrower of this First Amendment or (ii) the acknowledgment
of this First Amendment by each Guarantor.

         3. CONDITIONS OF EFFECTIVENESS. This First Amendment shall be effective
as of December 4, 2001, subject to the following:

         (a) the representations and warranties contained in Section 2 of this
First Amendment, the Credit Agreement and the other Loan Documents are true and
correct on and as of the date hereof as if made on and as of such date;

         (b) no event has occurred and is continuing which constitutes a Default
or an Event of Default;

         (c) Administrative Lender shall have received counterparts of this
First Amendment executed by the Determining Lenders; and

<PAGE>

          (d) Administrative Lender and Lenders shall have received in form and
 substance satisfactory to Administrative Lender and Lenders, such other
 documents and certificates as Lenders shall require.

         4. GUARANTOR ACKNOWLEDGMENT. By signing below, each Guarantor (a)
acknowledges consents and agrees to the execution by the Borrower of this First
Amendment, (b) acknowledges and agrees that its obligations in respect of its
Subsidiary Guaranty are not released, diminished, waived, modified, impaired or
affected in any manner by this First Amendment or any of the provisions
contemplated herein, (c) ratifies and confirms its obligations under its
Subsidiary Guaranty, and (d) acknowledges and agrees that it has no claims or
offsets against, or defenses or counterclaims to, its Subsidiary Guaranty.

         5. REFERENCE TO THE CREDIT AGREEMENT.

         (a) Upon the effectiveness of this First Amendment, each reference in
the Credit Agreement to "this Agreement", "hereunder", or words of like import
shall mean and be a reference to the Credit Agreement, as affected and amended
by this First Amendment.

         (b) The Credit Agreement, as amended by this First Amendment, and all
other Loan Documents shall remain in full force and effect and are
hereby ratified and confirmed.

         6. COSTS, EXPENSES AND TAXES. Borrower agrees to pay on demand all
costs and expenses of Administrative Lender in connection with the preparation,
reproduction, execution and delivery of this First Amendment and the
other instruments and documents to be delivered hereunder (including the
reasonable fees and out-of-pocket expenses of counsel for Administrative Lender
with respect thereto and with respect to advising Administrative Lender as to
its rights and responsibilities under the Credit Agreement, as amended by this
First Amendment).

         7. EXECUTION IN COUNTERPARTS. This First Amendment may be executed in
any number of counterparts and by different parties hereto in separate
counterparts, each of which when so executed and delivered shall be deemed to be
an original and all of which taken together shall constitute but one and the
same instrument.

         8. GOVERNING LAW; BINDING EFFECT. This First Amendment shall be
governed by and construed in accordance with the laws of the State of Texas and
shall be binding upon Borrower and each Lender and their respective successors
and assigns.

         9. HEADINGS. Section headings in this First Amendment are included
herein for convenience of reference only and shall not constitute a part of this
First Amendment for any other purpose.

         10. ENTIRE AGREEMENT. THE CREDIT AGREEMENT, AS AMENDED BY THIS FIRST
AMENDMENT, AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN
THE PARTIES AS TO THE SUBJECT MATTER THEREIN AND HEREIN AND MAY NOT BE
CONTRADICTED BY EVIDENCE OF

<PAGE>

PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS BETWEEN THE PARTIES.

                   REMAINDER OF PAGE LEFT INTENTIONALLY BLANK

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have executed this First
Amendment as of the date first above written.

BORROWER:

                                BUTLER MANUFACTURING COMPANY

                                By: /s/ Paul F. Liljegren
                                    --------------------------------------------
                                    Name:  Paul F. Liljegren
                                    Title: Tressurer

<PAGE>

ADMINISTRATIVE LENDER:

                               BANK OF AMERICA, N.A., as Administrative Lender

                               By: /s/ Dan M. Killian
                                   ---------------------------------------------
                                   Name:  Dan M. Killian
                                   Title: Managing Director

LENDERS:

                               BANK OF AMERICA, N.A., as a Lender and as the
                               Issuing Bank

                               By: /s/ Dan M. Killian
                                   ---------------------------------------------
                                   Name:  Dan M. Killian
                                   Title: Managing Director

<PAGE>
                               COMMERCE BANK, N.A.

                               By: Martin Nay
                                   ---------------------------------------------
                                   Name:  Martin Nay
                                   Title: VP

<PAGE>
                               U.S. BANK NATIONAL ASSOCIATION

                               By: /s/ Bruce A. Easterly
                                   ---------------------------------------------
                                   Name:  Bruce A. Easterly
                                   Title: Vice president

<PAGE>

ACKNOWLEDGED AND AGREED:

 BMC REAL ESTATE, INC.

By: Paul F. Liljegren
    ---------------------------------------------
    Name:  Paul F. Liljegren
    Title: Assistant Secretary & Assistant Treasurer

BUCON, INC.

By: Larry C. Miller
    ---------------------------------------------
    Name:  Larry C. Miller
    Title: V.P. Finance & Treasurer

BUTLER HOLDINGS, INC.

By: Paul F. Liljegren
    ---------------------------------------------
    Name:  Paul F. Liljegren
    Title: Assistant Treasurer

BUTLER REAL ESTATE, INC.

By: Paul F. Liljegren
    ---------------------------------------------
    Name:  Paul F. Liljegren
    Title: Assistant Secretary & Assistant Treasurer

<PAGE>

LESTER BUILDINGS, INC.

By: Paul F. Liljegren
    ---------------------------------------------
    Name:  Paul F. Liljegren
    Title: Assistant Treasurer

BUTLER PACIFIC, INC.

By: Paul F. Liljegren
    ---------------------------------------------
    Name:  Paul F. Liljegren
    Title: Assistant Treasurer

MODULINE WINDOWS, INC.

By: Paul F. Liljegren
    ---------------------------------------------
    Name:  Paul F. Liljegren
    Title: Treasurer

LIBERTY BUILDING SYSTEMS, INC.

By: Paul F. Liljegren
    ---------------------------------------------
    Name:  Paul F. Liljegren
    Title: Assistant Treasurer

<PAGE>
                                                                       EXHIBIT D

                         FORM OF COMPLIANCE CERTIFICATE

                              Financial Statement Date: ____________________

To: Bank of America, as Administrative Lender Ladies and Gentlemen:

         Reference is made to that certain Credit Agreement, dated as of June
20, 2001 (as amended, restated, extended, supplemented or otherwise modified in
writing from time to time, the "Agreement;" the terms defined therein being used
herein as therein defined), among Butler Manufacturing Company (the "Borrower"),
the Lenders from time to time party thereto, and Bank of America, N.A., as
Administrative Lender.

         The undersigned Authorized Signatoryhereby certifies as of the date
hereofthat he/she is the ______________________________ of the Borrower, and
that, as such, he/she is authorized to execute and deliver this Certificate to
the Administrative Lender on the behalf of the Borrower, and that:

[Use following for fiscal year-end financial statements]

         1. Attached hereto as Schedule 1 are the year-end audited financial
statements required by Section 6.2 of the Agreement for the fiscal year of the
Borrower ended as of the above date, together with the report and opinion of an
independent certifiedpublic accountant required by such section.

[Use following for fiscal quarter-end financial statements]

         1. Attached hereto as Schedule 1 are the unaudited financial statements
required by Section 6.1 of the Agreement for the fiscal quarter of the Borrower
ended as of the above date. Such financial statements fairly present the
financial condition, results of operations and cash flows of the Borrower and
its Subsidiaries in accordance with GAAP as at such date and for such period,
subject only to normal year-end audit adjustments and he absence of footnotes.

         2. The undersigned has reviewed and is familiar with the terms of the
Agreement and hasmade, or has caused to be made under his/her supervision, a
detailed review of the transactions and condition (financial or otherwise) of
the Borrower during the accounting period covered by the attached financial
statements.

         3. A review of the activities of the Borrower during such fiscal period
has been made under the supervision of the undersigned with a view to
determining whether during such fiscal period the Borrower performed and
observed all its Obligations under the Loan Documents, and

<PAGE>

[select one:]

         [TO THE BEST KNOWLEDGE OF THE UNDERSIGNED DURING SUCH FISCAL PERIOD,
THE BORROWER PERFORMED AND OBSERVED EACH COVENANT AND CONDITION OF THE LOAN
DOCUMENTS APPLICABLE TO IT.]

         --OR--

         [THE FOLLOWING COVENANTS OR CONDITIONS HAVE NOT BEEN PERFORMED OR
OBSERVED AND THE FOLLOWING IS A LIST OF EACH SUCH DEFAULT OR EVENT OF DEFAULT
AND ITS NATURE AND STATUS:]

         4. The financial covenant analyses and information set forth on
Schedule 2 attached hereto are true and accurate on and as of the date of this
Certificate.

         IN WITNESS WHEREOF, THE UNDERSIGNED HAS EXECUTED this Certificate as of
___________, ______.

                               BUTLER MANUFACTURING COMPANY

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

<PAGE>

                  For the Quarter/Year ended _________________("Reporting Date")

                                   SCHEDULE 2
                          TO THE COMPLIANCE CERTIFICATE
                                  ($ IN 000'S)

1    Section 7.1 Capitalization Ratio

     (a)  Maximum at the end of any fiscal quarter                    0.50 to 1

     (b)  Actual

          (i)  Total Funded Debt (without duplication)

               (A)  Obligations for borrowed money and obligations $___________
                    evidenced by bonds, debentures, notes, etc.

               (B)  Obligations in respect of letters of credit,   $___________
                    bankers' acceptances, bank guaranties, surety
                    bonds and similar instruments

               (C)  Net obligations under Swap Contracts           $___________

               (D)  Obligations to pay deferred purchase price of  $___________
                    property  or services, and indebtedness
                    secured by a Lien on property whether or not
                    assumed

               (E)  Capitalized Lease Obligations and Synthetic    $___________
                    Lease Obligations

               (F)  Redeemable Stock                               $___________

               (G)  TOTAL FUNDED DEBT (A) + (B) + (C) + (D) +      $___________
                    (E) + (F)

          (ii) Total Capital

               (A)  Shareholder's Equity $

               (B)  TOTAL FUNDED DEBT (FROM 1 .(B)(I)(G) ABOVE) $

               (C)  TOTAL CAPITAL (A) + (B) $

             (iii) Capitalization Ratio (i)(G) to (ii)(C)          _______ to 1

2.   Section 7.2 Fixed Charge Coverage Ratio

     (a)  Minimum at the end of any fiscal quarter                    1.70 to 1

<PAGE>
     (b)  Actual

          (i)  EBITDAR

               (A)  Pre-tax net income (excluding                  $___________
                    extraordinary gains and  non-recurring,
                    non-cash credits andincluding
                    extraordinary losses and non-recurring,
                    non-cash charges)

               (B)  Interest expense                               $___________

               (C)  DEPRECIATION AND AMORTIZATION                  $___________

               (D)  Lease expense                                  $___________

               (E)  EBITDAR (A) + (B) + (C) + (D)                  $___________

          (ii) Fixed Charges

               (A)  Interest expense (including interest           $___________
                    expense payable pursuantto Capitalized
                    Lease Obligations)

               (B)  Lease expense payable pursuant to              $___________
                    Operating Leases

               (C)  Restricted Payments (other than                $___________
                    Treasury Stock Purchases)

               (D)  FIXED CHARGES (A) + (B) + (C)                  $___________

          (iii) Fixed Charge Coverage Ratio (i)(E) to (ii)(D)      _______ to 1

3.   Section 7.3 Leverage Ratio

     (a)  Maximum at the end of any fiscal quarter

          (i)  At each fiscal quarter-end through and including June 30, 3.25 to
               1 2002

          (ii) At each fiscal quarter-end thereafter 3.00 to 1

     (b)  Actual

          (i)  Total Funded Debt (from 1.(b)(i)(G) above)          $___________

          (ii) Cash and Cash Equivalents (A) Domestic Cash         $___________

<PAGE>
               (B)  1% of revenues of Borrower and Domestic        $___________
                    Subsidiaries

               (C)  Eligible Securities                            $___________

               (D)  Cash arid Cash Equivalents (A) - (B) + (C)    $___________

          (iii) EBITDA

               (A)  Pre-tax net income (excluding extraordinary    $___________
                    gains and non-recurring, non-cash credits and
                    including extraordinary losses and
                    non-recurring, non-cash charges)

               (B)  Interest expense                               $___________

               (C)  Depreciation and amortization                  $___________

               (D)  EBITDA (A) + (B) + (C)                         $___________

          (iv) Leverage Ratio (i) - (ii)(D) to (iii)(D)            _______to 1

4.   Section 7.4(g) Other Guaranties

     (a)  Maximum                                                  $ 15,000,000

     (b)  Actual                                                   $___________

5.   Section 7.5 Liens

     (a)  Liens on cash collateral for bank letters of credit

          (i)  Maximum                                             $  7,000,000

          (ii) Actual                                              $___________

     (b)  Other Liens

          (i)  Maximum                                             $ 20,000,000

          (ii) Actual                                              $___________

6.   Section 7.6(a) Investments in the form of loans to officers and employees
     in the ordinary course of business

     (a)  Maximum                                                  $  5,000,000

     (b)  Actual                                                   $___________

7.   Section 7.6(c) Other Investments

     (a)  Maximum

          (i)  $10,000,000                                         $ 10,000,000

          (ii) Shareholder's Equity ($_________________) x 25%     $___________

          (i) + (ii)                                               $___________

<PAGE>

     (b)  Actual

          (i)      Investments                                     $___________

          (ii)     Acquisitions of Foreign Subsidiaries            $___________

          (i) + (ii)                                               $___________

8.   Section 7.7(i) Acquisitions of Domestic Subsidiaries

     (a)  Maximum

          (i)  $20,000,000                                         $ 20,000,000

          (ii) Shareholder's Equity ($__________) x 25%            $___________

          (i) + (ii)                                               $___________

     (b)  Actual

          Acquisition of Domestic Subsidiaries                     $___________

 9.  Section 7.7(ii) Acquisitions of Foreign Subsidiaries

     (a)  Maximum

          (from 7.(a) above)                                       $___________

     (b)  Actual

          (from 7.(b) above)                                       $___________

10.  Section 7.9 Dispositions

     (a)  Maximum

          10% to Total Assets for preceding fiscal quarter         $___________

     (b)  Actual

          (i)  Assets disposed of during present fiscal year
               through Reporting Period                            $___________

          (ii) Proceeds reinvested within 180 days of disposition  $___________

          (i) - (ii)                                               $___________

<PAGE>

         This Compliance Certificate is executed and delivered on the ______ day
of ____________, ______.

                               By:
                                  ----------------------------------------------
                                  Name:
                                         ---------------------------------------
                                  Title:
                                         ---------------------------------------<PAGE>
                                                                    EXHIBIT 4.11

                                 FIRST WAIVER TO
                            THE BANK CREDIT AGREEMENT

                  WAIVER TO CREDIT AGREEMENT
                  THIS WAIVER TO CREDIT AGREEMENT (this "Waiver"), dated as of
                  October 18, 2002, by and among the lenders listed on the
                  signature pages hereof (the "Lenders"), BUTLER MANUFACTURING
                  COMPANY, a Delaware corporation (the "Borrower"), and BANK OF
                  AMERICA, N.A., as administrative agent for the Lenders (the
                  "Administrative Agent"), to the extent and in the manner
                  provided for in the Credit Agreement (defined below and herein
                  so called).

                  BACKGROUND

                  THE BORROWER, THE LENDERS, AND THE ADMINISTRATIVE AGENT ARE
                  PARTIES TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF JUNE 30,
                  2001, AS AMENDED BY THAT CERTAIN FIRST AMENDMENT, DATED AS OF
                  DECEMBER 4, 2001 (SAID CREDIT AGREEMENT, AS AMENDED, THE
                  "CREDIT AGREEMENT"; THE TERMS DEFINED IN THE CREDIT AGREEMENT
                  AND NOT OTHERWISE DEFINED HEREIN SHALL BE USED HEREIN AS
                  DEFINED IN THE CREDIT AGREEMENT).

                  THE BORROWER HAS REQUESTED A WAIVER OF EVENTS OF DEFAULT UNDER
                  THE CREDIT AGREEMENT SOLELY WITH RESPECT TO THE FIXED CHARGE
                  COVERAGE RATIO AS OF THE FISCAL QUARTER ENDED SEPTEMBER 30,
                  2002. NOW, THEREFORE, in consideration of the covenants,
                  conditions and agreements hereafter set forth, and for other
                  good and valuable consideration, the receipt and adequacy of
                  which are all hereby acknowledged, the parties hereto covenant
                  and agree as follows:

                  WAIVER. SUBJECT TO THE SATISFACTION OF THE CONDITIONS OF
                  EFFECTIVENESS SET FORTH IN SECTION 4 HEREOF, THE LENDERS
                  HEREBY WAIVE COMPLIANCE WITH THE FIXED CHARGE COVERAGE RATIO
                  SET FORTH IN SECTION 7.2 OF THE CREDIT AGREEMENT AT THE
                  BORROWER'S FISCAL QUARTER ENDING SEPTEMBER 30, 2002. THE
                  WAIVER PROVIDED HEREIN IS LIMITED AND (A) DOES NOT AFFECT ANY
                  OTHER COVENANT OR PROVISION OF THE CREDIT AGREEMENT OR ANY
                  OTHER LOAN DOCUMENT AND (B) DOES NOT RELATE TO ANY OTHER
                  FISCAL QUARTER.

                  COMMITMENT AVAILABILITY. IN CONSIDERATION OF THE WAIVER
                  PROVIDED IN THE FOREGOING SECTION 1, THE BORROWER AND THE
                  LENDERS HEREBY ACKNOWLEDGE THAT, NOTWITHSTANDING ANYTHING IN
                  THE CREDIT AGREEMENT OR ANY OTHER LOAN DOCUMENT TO THE
                  CONTRARY, (A) THE LENDERS SHALL HAVE NO COMMITMENT TO MAKE ANY
                  ADVANCES UNDER SECTION 2.1 OF THE CREDIT AGREEMENT OR
                  OTHERWISE ADVANCE ANY FUNDS TO THE BORROWER, (B) ANY DRAW
                  UNDER ANY LETTER OF CREDIT DURING THE TERM OF THIS WAIVER
                  SHALL IMMEDIATELY AND AUTOMATICALLY RESULT IN AN OBLIGATION
                  FOR THE BORROWER TO REIMBURSE THE ISSUING BANK FOR ANY SUCH
                  DRAW (WHICH REIMBURSEMENT OBLIGATION MAY NOT BE PAID BY THE
                  BORROWER WITH THE PROCEEDS OF AN ADVANCE), AND (C) THE
                  AGGREGATE MAXIMUM AMOUNT OF LETTERS OF CREDIT THAT MAY BE
                  ISSUED AND OUTSTANDING AT ANY TIME SHALL NOT EXCEED
                  $22,100,000, WHICH MAXIMUM AMOUNT SHALL BE AUTOMATICALLY
                  REDUCED TO $19,100,000 UPON THE EXPIRATION OF LETTER OF CREDIT
                  NO. SLCLSTL00289, FOR THE BENEFIT OF BANK OF COMMUNICATIONS
                  TIANJIN BRANCH, TEDA SUB BRANCH NO. 88. NOTHING PROVIDED
                  HEREIN SHALL RELIEVE THE OBLIGATION OF ANY LENDER FROM FUNDING
                  ITS OBLIGATIONS UNDER SECTION 2.16(C) OF THE CREDIT AGREEMENT
                  WITH RESPECT TO DRAWS UNDER ANY LETTER OF CREDIT.

                  REPRESENTATIONS AND WARRANTIES TRUE; NO EVENT OF DEFAULT. BY
                  ITS EXECUTION AND DELIVERY HEREOF, THE BORROWER REPRESENTS AND
                  WARRANTS THAT, AS OF THE DATE HEREOF AND AFTER GIVING EFFECT
                  TO THE WAIVER SET FORTH IN THE FOREGOING SECTION 1:

<PAGE>

                  the representations and warranties contained in the Credit
                  Agreement and the other Loan Documents are true and correct on
                  and as of the date hereof as made on and as of such date; and

                  no event has occurred and is continuing which constitutes a
                  Default or Event of Default.

                  CONDITIONS OF EFFECTIVENESS. THIS WAIVER SHALL BE EFFECTIVE AS
                  OF OCTOBER 18, 2002, SUBJECT TO THE FOLLOWING:

                  the representations and warranties set forth in Section 3 of
                  this Waiver shall be true and correct;

                  the Administrative Agent shall have received counterparts of
                  this Waiver executed by the Determining Lenders;

                  the Administrative Agent shall have received counterparts of
                  this Waiver executed by the Borrower and acknowledged by each
                  Guarantor; and

                  the Administrative Agent shall have received in form and
                  substance satisfactory to the Administrative Agent, such other
                  documents, certificates and instruments as the Lenders shall
                  require.

                  RELEASE.

                  Borrower and each of its Subsidiaries (collectively, the
                  "Borrower Parties") hereby unconditionally and irrevocably
                  remises, acquits, and fully and forever releases and
                  discharges the Administrative Agent and the Lenders and all
                  respective Affiliates and subsidiaries of the Administrative
                  Agent and the Lenders, their respective officers, servants,
                  employees, agents, attorneys, financial advisors, principals,
                  directors and shareholders, and their respective heirs, legal
                  representatives, successors and assigns (collectively, the
                  "Released Lender Parties") from any and all claims, demands,
                  causes of action, obligations, remedies, suits, damages and
                  liabilities of any nature whatsoever, whether now known,
                  suspected or claimed, whether arising under common law, in
                  equity or under statute, which any Borrower Party ever had or
                  now has against the Released Lender Parties which may have
                  arisen at any time on or prior to the date of the Credit
                  Agreement, this Waiver or the Loan Documents and which were in
                  any manner related to any of the Loan Documents or the
                  enforcement or attempted enforcement by the Administrative
                  Agent or the Lenders of rights, remedies or recourses related
                  thereto (collectively, the "Borrower Claims").

                  Each Borrower Party covenants and agrees never to commence,
                  voluntarily aid in any way, prosecute or cause to be commenced
                  or prosecuted against any of the Released Lender Parties any
                  of the Borrower Claims which may have arisen at any time on or
                  prior to the date of this Waiver and were in any manner
                  related to any of the Loan Documents.

                  GUARANTOR'S ACKNOWLEDGMENT. BY SIGNING BELOW, EACH GUARANTOR
                  (I) ACKNOWLEDGES, CONSENTS AND AGREES TO THE EXECUTION,
                  DELIVERY AND PERFORMANCE BY THE BORROWER OF THIS WAIVER, (II)
                  ACKNOWLEDGES AND AGREES THAT ITS OBLIGATIONS IN RESPECT OF ITS
                  SUBSIDIARY GUARANTY ARE NOT RELEASED, DIMINISHED, WAIVED,
                  MODIFIED, IMPAIRED OR AFFECTED IN ANY MANNER BY THIS WAIVER,
                  OR ANY OF THE PROVISIONS CONTEMPLATED HEREIN, (III) RATIFIES
                  AND CONFIRMS ITS OBLIGATIONS UNDER ITS SUBSIDIARY GUARANTY AND
                  (IV) ACKNOWLEDGES AND AGREES THAT IT HAS NO CLAIM OR OFFSETS
                  AGAINST, OR DEFENSES OR COUNTERCLAIMS TO, ITS SUBSIDIARY
                  GUARANTY.

<PAGE>

                  REFERENCE TO THE CREDIT AGREEMENT.

                  Upon and during the effectiveness of this Waiver, each
                  reference in the Credit Agreement to "this Agreement",
                  "hereunder", or words of like import shall mean and be a
                  reference to the Credit Agreement, as affected by this Waiver.

                  Except as expressly set forth herein, this Waiver shall not by
                  implication or otherwise limit, impair, constitute a waiver
                  of, or otherwise affect the rights or remedies of the
                  Administrative Agent or the Lenders under the Credit Agreement
                  or any of the other Loan Documents, and shall not alter,
                  modify, amend, or in any way affect the terms, conditions,
                  obligations, covenants, or agreements contained in the Credit
                  Agreement or the other Loan Documents, all of which are hereby
                  ratified and affirmed in all respects and shall continue in
                  full force and effect.

                  COSTS AND EXPENSES. THE BORROWER SHALL BE OBLIGATED TO PAY THE
                  COSTS AND EXPENSES OF THE ADMINISTRATIVE AGENT IN CONNECTION
                  WITH THE PREPARATION, REPRODUCTION, EXECUTION AND DELIVERY OF
                  THIS WAIVER AND THE OTHER INSTRUMENTS AND DOCUMENTS TO BE
                  DELIVERED HEREUNDER.

                  EXECUTION IN COUNTERPARTS. THIS WAIVER MAY BE EXECUTED IN ANY
                  NUMBER OF COUNTERPARTS AND BY DIFFERENT PARTIES HERETO IN
                  SEPARATE COUNTERPARTS, EACH OF WHICH WHEN SO EXECUTED AND
                  DELIVERED SHALL BE DEEMED TO BE AN ORIGINAL AND ALL OF WHICH
                  WHEN TAKEN TOGETHER SHALL CONSTITUTE BUT ONE AND THE SAME
                  INSTRUMENT. FOR PURPOSES OF THIS WAIVER, A COUNTERPART HEREOF
                  (OR SIGNATURE PAGE THERETO) SIGNED AND TRANSMITTED BY ANY
                  PERSON PARTY HERETO TO THE ADMINISTRATIVE AGENT (OR ITS
                  COUNSEL) BY FACSIMILE MACHINE, TELECOPIER OR ELECTRONIC MAIL
                  IS TO BE TREATED AS AN ORIGINAL. THE SIGNATURE OF SUCH PERSON
                  THEREON, FOR PURPOSES HEREOF, IS TO BE CONSIDERED AS AN
                  ORIGINAL SIGNATURE, AND THE COUNTERPART (OR SIGNATURE PAGE
                  THERETO) SO TRANSMITTED IS TO BE CONSIDERED TO HAVE THE SAME
                  BINDING EFFECT AS AN ORIGINAL SIGNATURE ON AN ORIGINAL
                  DOCUMENT.

                  GOVERNING LAW; BINDING EFFECT. THIS WAIVER SHALL BE GOVERNED
                  BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
                  TEXAS (WITHOUT GIVING EFFECT TO CONFLICT OF LAWS) AND THE
                  UNITED STATES OF AMERICA, AND SHALL BE BINDING UPON THE
                  BORROWER AND EACH LENDER AND THEIR RESPECTIVE SUCCESSORS AND
                  ASSIGNS.

                  HEADINGS. SECTION HEADINGS IN THIS WAIVER ARE INCLUDED HEREIN
                  FOR CONVENIENCE OF REFERENCE ONLY AND SHALL NOT CONSTITUTE A
                  PART OF THIS WAIVER FOR ANY OTHER PURPOSE.

                  ENTIRE AGREEMENT. THE CREDIT AGREEMENT, AS AMENDED BY THIS
                  WAIVER, AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL
                  AGREEMENT BETWEEN THE PARTIES AS TO THE SUBJECT MATTER THEREIN
                  AND HEREIN AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR,
                  CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS BETWEEN THE
                  PARTIES.

                 REMAINDER OF PAGE LEFT INTENTIONALLY BLANK

                  IN WITNESS WHEREOF, the parties hereto have executed this
                  Waiver as of the date first above written.

                  BORROWER:

                                               BUTLER MANUFACTURING COMPANY
                                By:
                                   ---------------------------------------------
                                    Name:
                                         ---------------------------------------
                                    Title:
                                          --------------------------------------

<PAGE>

                                                       ADMINISTRATIVE LENDER:

                      BANK OF AMERICA, N.A., as Administrative Lender

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

                                                       LENDERS:

                      BANK OF AMERICA, N.A., as a Lender and as the Issuing Bank

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

                                                       COMMERCE BANK, N.A.

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

                                             U.S. BANK NATIONAL ASSOCIATION

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

ACKNOWLEDGED AND AGREED:

BMC REAL ESTATE, INC.

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

BUCON, INC.

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

<PAGE>

BUTLER HOLDINGS, INC.

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

BUTLER REAL ESTATE, INC.

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

LESTER BUILDINGS, INC.

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

BUTLER PACIFIC, INC.

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

MODULINE WINDOWS, INC.

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

LIBERTY BUILDING SYSTEMS, INC.

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

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00045-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00045-of-00352.parquet"}]]