Document:

<PAGE>
EXHIBIT 10.4

                                  CONSENT UNDER
                           SECOND AMENDED AND RESTATED
                    INTERCREDITOR AND SUBORDINATION AGREEMENT
                    -----------------------------------------

         THIS CONSENT UNDER SECOND AMENDED AND RESTATED INTERCREDITOR AND
SUBORDINATION AGREEMENT is dated October 6, 2004, to be effective as of
September 26, 2004 (this "CONSENT"), by and between LEVINE LEICHTMAN CAPITAL
PARTNERS II, L.P., a California limited partnership ("SUBORDINATED LENDER"), and
PLEASANT STREET INVESTORS, LLC, a Delaware limited liability company ("SENIOR
LENDER").

                                 R E C I T A L S
                                 ---------------

         A. Subordinated Lender and Senior Lender are parties to that certain
Second Amended and Restated Intercreditor and Subordination Agreement dated as
of April 16, 2003, as amended by a First Amendment to and Consent under Second
Amended and Restated Intercreditor and Subordination Agreement dated as of
October 31, 2003 (as so amended, the "INTERCREDITOR AGREEMENT"), with respect to
certain financial accommodations made by each of them to OVERHILL FARMS, INC., a
Nevada corporation (the "COMPANY").

         B. Concurrently herewith, the Company, the entities from time to time
parties thereto as "Guarantors" and Subordinated Lender are consummating the
transactions contemplated by that certain Fourth Amendment to Second Amended and
Restated Securities Purchase Agreement dated of even date herewith (the
"SUBORDINATED LENDER FOURTH AMENDMENT"). The Subordinated Lender Fourth
Amendment amends further that certain Second Amended and Restated Securities
Purchase Agreement dated as of April 16, 2003, as amended by a First Amendment
to Second Amended and Restated Securities Purchase Agreement dated as of May 16,
2003, a Second Amendment to Second Amended and Restated Securities Purchase
Agreement dated as of June 19, 2003, and a Third Amendment to Second Amended and
Restated Securities Purchase Agreement dated as of October 31, 2003 (the Second
Amended and Restated Securities Purchase Agreement, as so amended, shall be
referred to herein as the "SECURITIES PURCHASE AGREEMENT").

         C Concurrently herewith, the Company and Senior Lender are consummating
the transactions contemplated by that certain Fourth Amendment to Second Amended
and Restated Loan and Security Agreement dated of even date herewith (the
"SENIOR LENDER FOURTH AMENDMENT"). The Senior Lender Fourth Amendment amends
further that certain Second Amended and Restated Loan and Security Agreement
dated as of April 16, 2003, as amended by a First Amendment to Second Amended
and Restated Loan and Security Agreement dated as of May 16, 2003, a Second
Amendment to Second Amended and Restated Loan and Security Agreement dated as of
June 19, 2003, and a Third Amendment to Second Amended and Restated Loan and
Security Agreement dated as of October 31, 2003 (the Second Amended and Restated
Securities Purchase Agreement, as so amended, shall be referred to herein as the
"SENIOR LOAN AGREEMENT").

<PAGE>

         D. Section 6 of the Intercreditor Agreement provides in relevant part
that Senior Lender may not amend, supplement or otherwise modify any Senior Loan
Documents without the prior written consent of Subordinated Lender. Accordingly,
Senior Lender has requested that Subordinated Lender consent to the amendments
contained in the Senior Lender Fourth Amendment, and Subordinated Lender is
willing to do so.

                                A G R E E M E N T
                                -----------------

         NOW, THEREFORE, in consideration of the mutual covenants and agreements
set forth herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto hereby agree as
follows:

         1. CONSENT. Pursuant to Section 6 of the Intercreditor Agreement,
Subordinated Lender hereby consents to the Company and Senior Lender entering
into and performing the Senior Lender Fourth Amendment, effective on and as of
the date thereof, and such entry and performance shall not constitute a default
or event of default under, or a breach of any covenant in, any Subordinated Loan
Documents.

         2. MISCELLANEOUS.

                  2.1 GOVERNING LAW. This Consent shall be governed by, and
construed and enforced in accordance with, the laws of the State of California,
without regard to principles regarding choice of law or conflicts of laws.

                  2.2 ENTIRE AGREEMENT. This Consent constitutes the entire
understanding agreement and understanding between the parties with respect to
the subject matter hereof and supersedes any and all prior oral and written
agreements or understandings with respect to such subject matter.

                  2.3 SUCCESSORS AND ASSIGNS. This Consent shall inure to the
benefit of, and binding upon, the parties hereto and their respective successors
and assigns.

                  2.4 COUNTERPARTS. This Consent may be executed in one or more
counterparts or by facsimile transmission, each of which shall be an original
but all of which taken together shall constitute one and the same instrument.

                     [REST OF PAGE INTENTIONALLY LEFT BLANK]

                                      -2-
<PAGE>

         IN WITNESS WHEREOF, the parties have caused this Consent to be executed
and delivered by their duly authorized representatives on the first date written
above, to be effective as of the Fourth Amendment Effective Date.

                                     SUBORDINATED LENDER
                                     -------------------

                                     LEVINE LEICHTMAN CAPITAL PARTNERS II, L.P.,
                                     a California limited partnership

                                     By: LLCP California Equity Partners II,
                                         L.P., a California limited partnership,
                                         its General Partner

                                     By: Levine Leichtman Capital Partners,
                                         Inc., a California corporation, its
                                         General Partner

                                         By: /s/ Stephen Hogan
                                             -----------------------------------
                                             Stephen Hogan
                                             Chief Financial Officer

                                     SENIOR LENDER
                                     -------------

                                     PLEASANT STREET INVESTORS, LLC, a
                                     California limited liability company

                                     By: Levine Leichtman Capital Partners,
                                         Inc., its Manager

                                     By: /s/ Stephen Hogan
                                         ---------------------------------------
                                         Stephen Hogan
                                         Chief Financial Officer

                                      -3-
<PAGE>

                                 ACKNOWLEDGMENT

         The undersigned hereby acknowledges and consents to the foregoing
Consent Under Second Amended and Restated Intercreditor and Subordination
Agreement.

                                     COMPANY

                                     OVERHILL FARMS, INC., a Nevada corporation

                                     By: /s/ James Rudis
                                         ---------------------------------------
                                         James Rudis
                                         President and Chief Executive Officer

                                     By: /s/ John Steinbrun
                                         ---------------------------------------
                                         John Steinbrun
                                         Senior Vice President and Chief
                                         Financial Officer

                                      -4-QuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 10.1
  Execution Version

        FIRST
AMENDMENT dated as of October 8, 2004 (this "Amendment"), to the CREDIT AGREEMENT dated as of July 30, 2004 (the
"Credit Agreement"), among ROCKWOOD SPECIALTIES GROUP, INC., a Delaware corporation (the "US
Borrower"), ROCKWOOD SPECIALTIES LIMITED, a company incorporated under the laws of England and Wales (the "UK Borrower"),
ROCKWOOD SPECIALTIES INTERNATIONAL, INC., a Delaware corporation ("Holdings"), the lending institutions from time to time parties thereto, CREDIT
SUISSE FIRST BOSTON, acting through its Cayman Islands Branch, as Administrative Agent and as Collateral Agent (such terms and each other capitalized term used but not defined in this introductory
statement having the meaning provided in Section 1 of the Credit Agreement), and UBS SECURITIES LLC and GOLDMAN SACHS CREDIT PARTNERS L.P., as Co-Syndication Agents. 

        A.    The
Borrowers have requested that the Credit Agreement be amended to, among other things, (i) provide for an increase in the existing Tranche B Term Loans
thereunder in an aggregate amount not to exceed $160,000,000 and that such new Tranche B Term Loans be provided by existing Lenders and other banks or financial institutions that become Lenders
under the Credit Agreement (each such Person committing to provide and providing any such new Tranche B Term Loans on the First Amendment Effective Date (as defined below) being referred to
herein as an "Upsized Tranche B Term Loan Lender") and (ii) provide for an increase in the existing Tranche C Term Loans thereunder
in an aggregate amount not to exceed €52,700,000 and that such new Tranche C Term Loans be provided by existing Lenders and other banks or financial institutions that become
Lenders under the Credit Agreement (each such Person committing to provide and providing any such new Tranche C Term Loans on the First Amendment Effective Date being referred to herein as an
"Upsized Tranche C Term Loan Lender"). 

        B.    All
such new Tranche B Term Loans provided by the Upsized Tranche B Term Loan Lenders shall, from and after funding on the First Amendment Effective Date,
be treated as Tranche B Term Loans for all purposes of the Credit Agreement, and all such new Tranche C Term Loans provided by the Upsized Tranche C Term Loan Lenders shall, from
and after funding on the First Amendment Effective Date, be treated as Tranche C Term Loans for all purposes of the Credit Agreement. 

        C.    The
US Borrower will use the proceeds of such new Tranche B Term Loans and such new Tranche C Term Loans to refinance a portion of the Dollar-denominated
and Euro-denominated Senior Subordinated Loans on a pro rata basis and to pay related fees and expenses. 

        D.    The
Required Lenders are willing to effect such amendment (and the other amendments set forth herein) and the Lenders agreeing to make any such new Tranche B Term
Loans and such new Tranche C Term Loans are willing to grant the extension of credit contemplated hereby, in each case on the terms and subject to the conditions of this Amendment. 

        E.    Capitalized
terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement, as amended hereby. 

        Accordingly,
in consideration of the mutual agreements herein contained and other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the
parties hereto agree as follows: 

        SECTION
1.    Amendment and Restatement of the Credit Agreement.    The Credit Agreement is hereby amended, effective
as of the First Amendment Effective Date, as follows: 

	(a)
	Amendment of Section 1.01.    Section 1.01 is hereby revised by:

	(i)
	Inserting
the following definitions in the appropriate alphabetical order therein: 

        "First Amendment" shall mean the First Amendment to this Agreement, dated as of October 8, 2004. 

 

        "First Amendment Effective Date" shall mean the date on which the First Amendment becomes effective. 

        "Increased Amount Date" shall have the meaning provided in Section 2.14. 

        "Joinder Agreement" means an agreement substantially in the form of Exhibit U. 

        "Lenders" shall mean (a) the Persons listed on Schedule 1.1(c), (b) effective as of the First Amendment Effective
Date, the Persons listed on Schedule A to the First Amendment (as appended to the First Amendment on the First Amendment Effective Date) and (c) any other Person that becomes a party
hereto pursuant to an Assignment and Acceptance, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Acceptance or otherwise ceases to have any Loans or
Commitments hereunder. 

        "New Loan Commitments" shall have the meaning provided in Section 2.14. 

        "New Revolving Loan" shall have the meaning provided in Section 2.14. 

        "New Revolving Loan Commitments" shall have the meaning provided in Section 2.14. 

        "New Revolving Loan Lender" shall have the meaning provided in Section 2.14. 

        "New Tranche B Term Loan" shall have the meaning provided in Section 2.14. 

        "New Tranche B Term Loan Commitments" shall have the meaning provided in Section 2.14. 

        "New Tranche B Term Loan Lender" shall have the meaning provided in Section 2.14. 

        "Permitted Additional Notes" shall mean senior or senior subordinated notes, issued by the US Borrower, (i) the terms of which
(1) do not provide for any scheduled repayment or redemption, mandatory repayment or redemption or sinking fund obligation prior to the date that is 182 days following the date that is
eight years after the Funding Date (other than customary offers to purchase upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default) and
(2) to the extent senior subordinated notes, provide for customary subordination to the Obligations under the Credit Documents, (ii) the covenants, events of default, Subsidiary
guarantees and other terms of which (other than interest rate and redemption premiums), taken as a whole, are not more restrictive to the US Borrower and the Subsidiaries than those in the
Subordinated Notes,
(iii) which shall bear a rate of interest determined by the Board of Directors of the US Borrower to be a market rate of interest at the date of their issuance, (iv) of which no
Subsidiary of the US Borrower (other than a Guarantor) is an obligor under such notes that is not an obligor under the Subordinated Notes and (v) the principal amount of which, when taken
together with the amount of any New Loan Commitments hereunder (or New Revolving Loans or New Tranche B Loans made pursuant thereto), shall not exceed $250,000,000 in the aggregate. 

        "Series" shall have the meaning provided in Section 2.14. 

	(ii)
	revising
the definitions of the terms set forth below to read as follows: 

        "Class", when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are
Revolving Credit Loans, New Revolving Loans, Tranche A-1 Term Loans, Tranche A-2 Term Loans, Tranche B Term Loans, New Tranche B Term Loans (or each
Series), Tranche C Term Loans or Swingline Loans and, when used in reference to any Commitment, refers to whether such Commitment is a Revolving Credit Commitment, New Revolving Credit
Commitment, Tranche A Term Loan Commitment, Tranche B Term Loan Commitment, New Tranche B Term Loan Commitment or Tranche C Term Loan Commitment. 

2

 

        "Commitments" shall mean, with respect to each Lender, such Lender's Term Loan Commitment, Revolving Credit Commitment, New
Tranche B Term Loan Commitment (if applicable) and New Revolving Credit Commitment (if applicable). 

        "Loan" shall mean any Revolving Credit Loan, Swingline Loan, Term Loan, New Revolving Loan or New Tranche B Term Loan made by any
Lender hereunder. 

        "Total Term Loan Commitment" shall mean the sum of the Term Loan Commitments and New Tranche B Term Loan Commitments (if
applicable) of all the Lenders. 

        "Tranche B Term Loan" shall mean (a) each loan made on the Funding Date by each Lender having a Tranche B Term Loan
Commitment as of the Funding Date to the US Borrower in Dollars and (b) each loan made on the First Amendment Effective Date by each Upsized Tranche B Term Loan Lender to the US Borrower
in Dollars, which loans, in each case, shall not exceed for any such Lender the
Tranche B Term Loan Commitment of such Lender. It is understood and agreed that all Tranche B Term Loans funded on the First Amendment Effective Date shall, from and after such funding,
be Tranche B Term Loans for all purposes of this Agreement. After giving effect to the funding of the new Tranche B Term Loans on the First Amendment Effective Date, the aggregate amount
of Tranche B Term Loans shall be $1,145,000,000. 

        "Tranche B Term Loan Commitment" shall mean, (a) in the case of each Lender that is a Lender on the Funding Date, the amount
set forth opposite such Lender's name on Schedule 1.1(c) as such Lender's "Tranche B Term Loan Commitment", (b) in the case of each Upsized Tranche B Term Loan Lender, the
amount set forth opposite such Lender's name on Schedule A to the First Amendment (as appended to the First Amendment on the First Amendment Effective Date), as such Lender's "Tranche B
Term Loan Commitment" and (c) in the case of any Lender that becomes a Lender after the Funding Date (other than any Lender described in clause (b) above), the amount specified as such
Lender's "Tranche B Term Loan Commitment" in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Term Loan Commitment, as the same may be changed from
time to time pursuant to the terms hereof. 

        "Tranche C Term Loan" shall mean (a) each loan made on the Funding Date by each Lender having a Tranche C Term Loan
Commitment as of the Funding Date to the US Borrower in Euro and (b) each loan made on the First Amendment Effective Date by each Upsized Tranche C Term Loan Lender to the US Borrower in
Euro, which loans, in each case, shall not exceed for any such Lender the Tranche C Term Loan Commitment of such Lender. It is understood and agreed that all Tranche C Term Loans funded
on the First Amendment Effective Date shall, from and after such funding, be Tranche C Term Loans for all purposes of this Agreement. After giving effect to the funding of the new
Tranche C Term Loans on the First Amendment Effective Date, the aggregate amount of Tranche C Term Loans shall be €274,810,468.53. 

        "Tranche C Term Loan Commitment" shall mean, (a) in the case of each Lender that is a Lender on the Funding Date, the amount
set forth opposite such Lender's name on Schedule 1.1(c) as such Lender's "Tranche C Term Loan Commitment", (b) in the case of each Upsized Tranche C Term Loan Lender, the
amount set forth opposite such Lender's name on Schedule A to the First Amendment (as appended to the First Amendment on the First Amendment Effective Date), as such Lender's "Tranche C
Term Loan Commitment" and (c) in the case of any Lender that becomes a Lender after the Funding Date (other than any Lender described in clause (b) above), the amount specified as such
Lender's "Tranche C Term Loan Commitment" in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Term Loan Commitment, as the same may be changed from
time to time pursuant to the terms hereof. 

3

 

and 

	(iii)
	deleting
the definition of "Lender" in its entirety.

	(b)
	Amendment of Preamble.

        The
Preamble is revised by deleting the following words in the sixth line thereof: "(each a "Lender" and, collectively, the
"Lenders")". 

	(c)
	Amendment of Section 2.1. 

        Section 2.1(a)(iv) is
deleted in its entirety and replaced with the following paragraph: 

"(iv) (x) each
Lender having a Tranche B Term Loan Commitment as of the Funding Date severally agrees to make a Tranche B Term Loan or Tranche B Term Loans on the
Funding Date to the US Borrower in Dollars, which Tranche B Term Loans shall not exceed for any such Lender the Tranche B Term Loan Commitment of such Lender as of the Funding Date and
(y) each Upsized Tranche B Term Loan Lender (as defined in the First Amendment) having a Tranche B Term Loan Commitment as of the First Amendment Effective Date severally agrees
to make a Tranche B Term Loan or Tranche B Term Loans on the First Amendment Effective Date to the US Borrower in Dollars, which Tranche B Term Loans shall not exceed for any such
Lender the Tranche B Term Loan Commitment described in clause (b) of the definition thereof of such Lender as of the First Amendment Effective Date; and" 

        Section 2.1(a)(v) is
deleted in its entirety and replaced with the following paragraph: 

"(v) (x) each
Lender having a Tranche C Term Loan Commitment as of the Funding Date severally agrees to make a Tranche C Term Loan or Tranche C Term Loans on the
Funding Date to the US Borrower in Euro, which Tranche C Term Loans shall not exceed for any such Lender the Tranche C Term Loan Commitment of such Lender as of the Funding Date and
(y) each Upsized Tranche C Term Loan Lender (as defined in the First Amendment) having a Tranche C Term Loan Commitment as of the First Amendment Effective Date severally agrees
to make a Tranche C Term Loan or Tranche C Term Loans on the First Amendment Effective Date to the US Borrower in Euro, which Tranche C Term Loans shall not exceed for any such
Lender the Tranche C Term Loan Commitment described in clause (b) of the definition thereof of such Lender as of the First Amendment Effective Date." 

        The
second paragraph of Section 2.1(a) is revised by (i) inserting the words ", clause (iv)(y) or clause (v) (y)" after the words "except as provided in
clause (iii)" in the first and second lines thereof, (ii) inserting the words "made pursuant to clause (iv)(x) above" after the words "Tranche B Term Loans" in the
sixth line thereof and (iii) inserting the words "made pursuant to clause (v) (x) above" after the words "Tranche C Term Loans" in the third line thereof. 

	(d)
	Amendment of Section 2.

        Section 2
is revised by adding the following new Section 2.14 at the end thereof: 

        "2.14.
Incremental Facilities. The US Borrower may by written notice to the Administrative Agent elect to request the establishment of one
or more (x) new Tranche B Term Loan Commitments (the "New Tranche B Term Loan Commitments") and/or (y) new Revolving Credit
Commitments (the "New Revolving Loan Commitments" and, together with the New Tranche B Term Loan Commitments, the "New
Loan Commitments"), by an aggregate amount not less than $25,000,000 individually (or such lesser amount which shall be approved by the Administrative Agent or such lesser
amount that shall constitute the difference between $250,000,000 and all such New Loan Commitments obtained prior to such date), and integral multiples of $5,000,000 in excess of that amount, and in
any event, by an aggregate amount which, when taken together with 

4

 

the
principal amount of any Permitted Additional Notes, shall not exceed $250,000,000 in the aggregate. Each such notice shall specify the date (each, an "Increased Amount
Date") on which the US Borrower proposes that the New Loan Commitments shall be effective, which shall be a date not less than 10 Business Days after the date on which such
notice is delivered to the Administrative Agent; provided that the US Borrower shall first offer the Lenders to provide all of the New Loan Commitments
prior to offering any other Person that is an eligible assignee pursuant to Section 14.6(b); provided, further, that any Lender offered or
approached to provide all or a portion of the New Loan Commitments may elect or decline, in its sole discretion, to provide a New Loan Commitment. Such New Loan Commitments shall become effective, as
of such Increased Amount Date; provided that (1) no Default or Event of Default shall exist on such Increased Amount Date before or after giving
effect to such New Loan Commitments, as applicable; (2) both before and after giving effect to the making of any Series of New Trance B Term Loans or New Revolving Loans, each of the conditions
set forth in Section 7.1 and 7.2 shall be satisfied; (3) the US Borrower and its Subsidiaries shall be in pro forma compliance with each of the covenants set forth in Sections 10.9 and
10.10 as of the last day of the most recently ended fiscal quarter after giving effect to such New Loan Commitments and any investment to be consummated in connection therewith; (4) the New
Loan Commitments shall be effected pursuant to one or more Joinder Agreements executed and delivered by the US Borrower and Administrative Agent, and each of which shall be recorded in the Register by
the US Borrower and Administrative Agent, and shall be subject to the requirements set forth in Section 5.4(b); (5) the US Borrower shall make any payments required pursuant to
Section 2.11 in connection with the New Loan Commitments, as applicable; and (6) the US Borrower shall deliver or cause to be delivered (i) a certificate of the US Borrower and
Holdings dated the Increased Amount Date, substantially in the form of Exhibit P, with appropriate insertions, executed by the President or any Vice President and the Secretary or any Assistant
Secretary of such Credit Party, and attaching the documents referred to in Section 6.7 and 6.8 and, where applicable, certifying as to the incumbency and specimen signature of each officer
executing any Credit Document or any other document delivered in connection therewith on behalf of such Credit Party, (ii) the executed legal opinions of Simpson Thacher and Bartlett LLP and
Tom Riordan, general counsel of the Credit Parties, in each case, substantially in the forms previously delivered in connection with this Agreement and (iii) any other applicable documents
reasonably required by the Administrative Agent in connection with any such transaction. Any New Tranche B Term Loans made on an Increased Amount Date shall be designated a separate series (a
"Series") of New Tranche B Term Loans for all purpose of this Agreement. 

        On
any Increased Amount Date on which New Revolving Loan Commitments are effected, subject to the satisfaction of the foregoing terms and conditions, (a) each of the Lenders with
Revolving Credit Commitments shall assign to each Lender with a New Revolving Credit Commitment (each, a "New Revolving Loan Lender") and each of the
New Revolving Loan Lenders shall purchase from each of the Lenders with Revolving Credit Commitments, at the principal amount thereof (together with accrued interest), such interests in the Revolving
Credit Loans outstanding on such Increased Amount Date as shall be necessary in order that, after giving effect to all such assignments and purchases, such Revolving Credit Loans will be held by
existing Lenders with Revolving Credit Loans and New Revolving Loan Lenders ratably in accordance with their Revolving Credit Commitments after giving effect to the addition of such New Revolving
Credit Commitments to the Revolving Credit Commitments, (b) each New Revolving Credit Commitment shall be deemed for all purposes a Revolving Credit Commitment and each Loan made thereunder (a
"New Revolving Loan") shall be deemed, for all purposes, a Revolving Credit Loan and (c) each New Revolving Loan Lender shall become a Lender
with respect to the New Revolving Loan Commitment and all matters relating thereto. 

5

 

        On
any Increased Amount Date on which any New Tranche B Term Loan Commitments of any Series are effective, subject to the satisfaction of the foregoing terms and conditions,
(i) each Lender with a New Tranche B Term Loan Commitment (each, a "New Tranche B Term Loan Lender") of any Series shall make a
Loan to the Borrower (a "New Tranche B Term Loan") in an amount equal to its New Tranche B Term Loan Commitment of such Series, and
(ii) each New Tranche B Term Loan Lender of any Series shall become a Lender hereunder with respect to the New Tranche B Term Loan Commitment of such Series and the New
Tranche B Term Loans of such Series made pursuant thereto. 

        The
terms and provisions of the New Tranche B Term Loans and New Tranche B Term Loan Commitments of any Series shall be, except as otherwise set forth herein or in the
Joinder Agreement, identical to the Tranche B Term Loans; provided, however, that (i) the applicable maturity date of each Series shall be
no shorter than the final maturity of the Revolving Credit Loans and the Tranche B Term Loans and (ii) the rate of interest applicable to the New Tranche B Term Loans of each
Series shall be determined by the US Borrower and the applicable new Lenders and shall be set forth in each applicable Joinder Agreement. The terms and provisions of the New Revolving Loans and New
Revolving Credit Commitments shall be identical to the Revolving Credit Loans and the Revolving Credit Commitments. 

        Each
Joinder Agreement may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Credit Documents as may be necessary or appropriate, in the
opinion of the Administrative Agent, to effect the provision of this Section 2.14." 

6

  

	(e)
	Amendment of Section 4.3.

        Section 4.3(a)
is revised by deleting such section in its entirety and replacing it with the following paragraph: 

        "(a)
€167,630,542.28 of the Tranche A Term Loan Commitments, $985,000,000 of the Tranche B Term Loan Commitments and €222,110,468.53 of the Tranche C Term
Loan Commitments shall terminate at 5:00 p.m. (New York time) on the Funding Date. €41,907,635.58 of the Tranche A Term Loan Commitments shall terminate at 5:00 p.m. (New
York time) on September 30, 2004. $160,000,000 of the Tranche B Term Loan Commitments and €52,700,000 of the Tranche C Term Loan Commitments shall terminate at 5:00 p.m.
(New York time) on the First Amendment Effective Date." 

	(f)
	Amendment of Section 6.10.

        Section 6.10
is revised by (i) inserting the words "funded pursuant to Section 2.1(a)(v)(x)" after the words "Tranche C Terms Loans" in the second line thereof and
(ii) inserting the words "funded pursuant to Section 2.1(a)(iv)(x)" after the words "Tranche B Term Loans" in the fifth line thereof. 

	(g)
	Amendment of Section 9.13.

        Section 9.13
is revised by (i) inserting the words ", any Tranche B Term Loans funded pursuant to Section 2.1(a)(iv)(y) on the First Amendment Effective Date and any
Tranche C Term Loans funded pursuant to Section 2.1(a)(v)(y) on the First Amendment Effective Date" after the words "after the Funding Date" in the fifth line thereof and (ii) adding a
new sentence to the end of Section 9.13 which shall read as follows: "The US Borrower will use the proceeds of all Tranche B Term Loans funded pursuant to Section 2.1(a)(iv)(y) on the
First Amendment Effective Date and all Tranche C Term Loans funded pursuant to Section 2.1(a)(v)(x) on the First Amendment Effective Date solely to refinance a
portion of the Dollar-denominated and Euro-denominated Senior Subordinated Loans on a pro rata basis and to pay related fees and expenses (including fees and expenses in connection with
the First Amendment)." 

	(h)
	Amendment of Section 10.1.

        Section 10.1(d)
is revised by (i) deleting the words "Permitted Subordinated Debt or Permitted Senior Subordinated Debt" from the eighth line thereof and replacing them
with the words "Permitted Subordinated Debt, Permitted Senior Subordinated Debt or Permitted Additional Notes" and (ii) inserting the parenthetical "(other than in the case of Permitted
Additional Notes which are senior notes)" after the word "subordinated" in the tenth line thereof. 

        Section 10.1(i) is
revised by inserting the words "and (iii) Permitted Additional Notes" after the words "and (ii) Permitted Senior Subordinated Debt" in the
second and third lines thereof. 

	(i)
	Amendment of Section 10.7.

        Section 10.7(b)
is revised by inserting the following words before the period "." at the end thereof: "and provided,  further, that this clause (b) shall not prohibit
the repayment of obligations under the Senior Subordinated Loan Agreement with the proceeds of
the Tranche B Term Loans funded pursuant to Section 2.1(a)(iv)(y) on the First Amendment Effective Date and the Tranche C Term Loans funded pursuant to Section 2.1(a)(v)(y) on the First
Amendment Effective Date". 

	(j)
	Amendment of Exhibits to the Credit Agreement.

        The
Exhibits to the Credit Agreement are revised by inserting the contents of Exhibit A to this Amendment as a new Exhibit U to the Credit Agreement. 

7

 

        SECTION
2.    Representations and Warranties.    To induce the other parties hereto to enter into this Amendment, the
Borrowers represent and warrant to each of the Lenders and the Administrative Agent that, as of the First Amendment Effective Date: 

        (a)   This
Amendment has been duly authorized, executed and delivered by the Borrowers and Holdings and this Amendment and the Credit Agreement, as amended hereby, constitutes
each of the Borrowers' and Holdings' legal, valid and binding obligation, enforceable against it in accordance with its terms except as such enforceability may be limited by bankruptcy, insolvency,
reorganization, moratorium or other similar laws affecting creditors' rights generally and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at
law or in equity). 

        (b)   Subject
to Section 7.4 of the Credit Agreement, the representations and warranties set forth in Section 8 of the Credit Agreement are, after giving effect
to this Amendment, true and correct in all material respects on and as of the First Amendment Effective Date, except where such representations and warranties expressly relate to an earlier date (in
which case they were true and correct in all material respects as of such earlier date). 

        (c)   Subject
to Section 7.4 of the Credit Agreement, no Default or Event of Default has occurred and is continuing. 

        SECTION
3.    Upsized Tranche B Term Loans; Upsized Tranche C Term Loans; Effectiveness of Amendment.    (a) 
Subject to the terms and conditions set forth herein, each Upsized Tranche B Term Loan Lender agrees to make Tranche B Term Loans to the US Borrower on the First Amendment Effective Date in a
principal amount equal to such Lender's Tranche B Term Loan Commitment described in clause (b) of the definition thereof and set forth on Schedule A to this Amendment on the First
Amendment Effective Date; provided that such commitments of the Upsized Tranche B Term Loan Lenders are several and no Lender shall be responsible for
any other Lender's failure to make Tranche B Term Loans. It is understood and agreed that all new Tranche B Term Loans funded on the First Amendment Effective Date shall, from and after such funding,
be Tranche B Term Loans for all purposes of the Credit Agreement. 

        (b)   Subject
to the terms and conditions set forth herein, each Upsized Tranche C Term Loan Lender agrees to make Tranche C Term Loans to the US Borrower on the First
Amendment Effective Date in a principal amount equal to such Lender's Tranche C Term Loan Commitment described in clause (b) of the definition thereof and set forth on Schedule A to this
Amendment on the First Amendment Effective Date; provided that such commitments of the Upsized Tranche C Term Loan Lenders are several and no Lender
shall be responsible for any other Lender's failure to make Tranche C Term Loans. It is understood and agreed that all new Tranche C Term Loans funded on the First Amendment Effective Date shall, from
and after such funding, be Tranche C Term Loans for all purposes of the Credit Agreement. 

        (c)   The
effectiveness of this Amendment, the occurrence of the First Amendment Effective Date, the obligations of each Upsized Tranche B Term Loan Lender to make Tranche B
Term Loans on the First Amendment Effective Date and the obligations of each Upsized Tranche C Term Loan Lender to make Tranche C Term Loans on the First Amendment Effective Date are subject to the
satisfaction of the following conditions: 

	(i)
	The
Administrative Agent shall have received a certificate of the US Borrower and Holdings dated the First Amendment Effective Date, substantially in the form of
Exhibit P to the Credit Agreement, with appropriate insertions, executed by the President or any Vice President and the Secretary or any Assistant Secretary of such Credit Party, and attaching
the documents referred to in Sections 6.7 and 6.8 of the Credit Agreement and, where applicable, certifying as to the incumbency and specimen signature of each officer executing any Credit 

8

 

Document
or any other document delivered in connection herewith on behalf of such Credit Party. 

	(ii)
	The
Administrative Agent shall have received the executed legal opinions of (A) Simpson Thacher & Bartlett LLP, special New York counsel to the Credit
Parties substantially in the form of Exhibit B-1 to this Amendment and (B) Tom Riordan, general counsel to the Credit Parties, substantially in the form of
Exhibit B-2 to this Amendment.

	(iii)
	The
Administrative Agent (or its counsel) shall have received duly executed counterparts of this Amendment that, when taken together, bear the signatures of
(a) the Borrowers and Holdings, (b) the Required Lenders, (c) the Administrative Agent, (d) the Upsized Tranche B Term Loan Lenders and (e) the Upsized Tranche C
Term Loan Lenders.

	(iv)
	Each
US Subsidiary Guarantor that has not executed and delivered this Amendment shall have entered into a written instrument reasonably satisfactory to the
Administrative Agent pursuant to which it confirms that it consents to this Amendment and that the Security Documents to which it is party will continue to apply in respect of the Credit Agreement, as
amended hereby, and the Obligations thereunder. 

        SECTION
4.    Effect of Amendment.    Except as expressly set forth herein, this Amendment shall not by implication or
otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lenders, the Administrative Agent or the Collateral Agent under the Credit Agreement or any other
Credit Document, and shall not alter, modify, amend or in any way affect any of the terms,
conditions, obligations, covenants or agreements contained in the Credit Agreement or any other provision of the Credit Agreement or of any other Credit Document, all of which are ratified and
affirmed in all respects and shall continue in full force and effect. Nothing herein shall be deemed to entitle the Borrowers to a further consent to, or a further waiver, amendment, modification or
other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Credit Document in similar or different circumstances. 

        SECTION
5.    Costs and Expenses.    The US Borrower agrees to reimburse the Administrative Agent for its reasonable
out of pocket expenses in connection with this Amendment, including the reasonable fees, charges and disbursements of counsel for the Administrative Agent to the extent provided for in
Section 14.5 of the Credit Agreement. 

        SECTION
6.    Counterparts.    This 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 an original, but all such counterparts together shall constitute but one and the same instrument. Delivery
of any executed counterpart of a signature page of this Amendment by facsimile transmission shall be as effective as delivery of a manually executed counterpart hereof. 

        SECTION
7.    Applicable Law.    THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF
THE STATE OF NEW YORK. 

        SECTION
8.    Headings.    The headings of this Amendment are for purposes of reference only and shall not limit or
otherwise affect the meaning hereof. 

9

        IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their respective officers as of the day and year first above written. 

	 	 	ROCKWOOD SPECIALTIES GROUP, INC.
	

 	
 	

By:	
 	

/s/  THOMAS J. RIORDAN      
 Name:  Thomas J. Riordan

Title:    Vice President & Secretary
	

 	
 	

ROCKWOOD SPECIALTIES LIMITED
	

 	
 	

By:	
 	

/s/  THOMAS J. RIORDAN      
 Name:  Thomas J. Riordan

Title:    Director
	

 	
 	

ROCKWOOD SPECIALTIES INTERNATIONAL, INC.
	

 	
 	

By:	
 	

/s/  THOMAS J. RIORDAN      
 Name:  Thomas J. Riordan

Title:    Vice President & Secretary
	

 	
 	

CREDIT SUISSE FIRST BOSTON,

acting through its Cayman Islands Branch, individually as a Lender and as Administrative Agent, Collateral Agent, Letter of Credit Issuer and Swingline Lender
	

 	
 	

By:	
 	

/s/  S. WILLIAM FOX      
 Name:  S. William Fox

Title:    Director
	

 	
 	

By:	
 	

/s/  DOREEN BARR      
 Name:  Doreen Barr

Title:    Associate

 
 
 

SIGNATURE PAGE TO
  FIRST AMENDMENT
  DATED AS OF OCTOBER 8 2004,
  TO THE CREDIT AGREEMENT
  DATED AS OF JULY 30, 2004    
    

	

To approve First Amendment:	
 	

 
	

Name of Institution:	
 	

 
	

 	
 	

GOLDMAN SACHS CREDIT

PARTNERS L.P.
	
 	

 
	

By:	
 	

/s/  WILLIAM W. ARCHER      
 Name:  William W. Archer

Title:    Managing Director	
 	

 

2

 

	

To approve First Amendment:	
 	

 
	

Name of Institution:	
 	

 
	

 	

UBS AG, Stamford Branch
	
 	

 
	

By:	

/s/  WILFRED V. SAINT      
	
 	

 
	 	Name:	Wilfred V. Saint	 	 
	 	Title:	Director, Banking

Products Services, US	 	 
	

By:	

/s/  WINSLOW OGBOURNE      
	
 	

 
	 	Name:	Winslow Ogbourne	 	 
	 	Title:	Associate Director, Banking

Products Services, US	 	 

3

 

	

To approve First Amendment:	
 	

 
	

Name of Institution:	
 	

 
	

 	

UBS Loan Finance LLC
	
 	

 
	

By:	

/s/  WILFRED V. SAINT      
	
 	

 
	 	Name:	Wilfred V. Saint	 	 
	 	Title:	Director, Banking

Products Services, US	 	 
	

By:	

/s/  WINSLOW OGBOURNE      
	
 	

 
	 	Name:	Winslow Ogbourne	 	 
	 	Title:	Associate Director, Banking

Products Services, US	 	 

4

  

 
 

SIGNATURE PAGE TO
  FIRST AMENDMENT
  DATED AS OF OCTOBER 8, 2004,
  TO THE CREDIT AGREEMENT
  DATED AS OF JULY 30, 2004    
    

	

Upsized Tranche B Term Loan Lender:	
 	

 
	

CREDIT SUISSE FIRST BOSTON,

acting through its Cayman Islands Branch	
 	

 
	

By:	
 	

/s/  S. WILLIAM FOX      
	
 	

 
	Name:	 	S. William Fox	 	 
	Title:	 	Director	 	 
	

By:	
 	

/s/  DOREEN BARR      
	
 	

 
	Name:	 	Doreen Barr	 	 
	Title:	 	Associate	 	 
	

Amount of Upsized Tranche B Term Loan Lender's

Tranche B Term Loan Commitment as of the

First Amendment Effective Date:	
 	

$160,000,000
	

Upsized Tranche C Term Loan Lender:	
 	

 
	

CREDIT SUISSE FIRST BOSTON,

acting through its Cayman Islands Branch	
 	

 
	

By:	
 	

/s/  S. WILLIAM FOX      
	
 	

 
	Name:	 	S. William Fox	 	 
	Title:	 	Director	 	 
	

By:	
 	

/s/  DOREEN BARR      
	
 	

 
	Name:	 	Doreen Barr	 	 
	Title:	 	Associate	 	 
	

Amount of Upsized Tranche C Term Loan Lender's

Tranche C Term Loan Commitment as of the

First Amendment Effective Date:	
 	

€52,700,000

5

 
 

Schedule A
  to First Amendment    
    

 
 

Tranche B Term Loan Commitments    
    

	Upsized Tranche B Term Loan Lender
 
	 	Tranche B

Term Loan Commitment

	Credit Suisse First Boston, acting through

its Cayman Islands Branch	 	$160,000,000

 
 

Tranche C Term Loan Commitments    
    

	Upsized Tranche C Term Loan Lender
 
	 	Tranche C

Term Loan Commitment

	Credit Suisse First Boston, acting through

its Cayman Islands Branch	 	€52,700,000

QuickLinks

Exhibit 10.1 Execution Version

SIGNATURE PAGE TO FIRST AMENDMENT DATED AS OF OCTOBER 8 2004, TO THE CREDIT AGREEMENT DATED AS OF JULY 30, 2004

SIGNATURE PAGE TO FIRST AMENDMENT DATED AS OF OCTOBER 8, 2004, TO THE CREDIT AGREEMENT DATED AS OF JULY 30, 2004

Schedule A to First Amendment

Tranche B Term Loan Commitments

Tranche C Term Loan Commitments

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}]]