Document:

<PAGE>

                                                               EXHIBIT 10.17(ii)

                        FIRST AMENDMENT TO LOAN AGREEMENT

         THIS FIRST AMENDMENT TO LOAN AGREEMENT, dated as of April 28, 2004
(this "Amendment"), is among DIEBOLD, INCORPORATED, an Ohio corporation (the
"Company"), the SUBSIDIARY BORROWERS (as defined in the Loan Agreement referred
to below) (together with the Company, the "Borrowers"), the lenders set forth on
the signature pages hereof (the "Lenders"), and BANK ONE, NA, a national banking
association having its principal office in Chicago, Illinois, as agent for the
Lenders (in such capacity, the "Agent").

                                    RECITALS

         A. The Borrowers, the Lenders party thereto and the Agent are parties
to an Amended and Restated Loan Agreement dated as of April 30, 2003, as amended
(the "Loan Agreement").

         B. The Borrowers desire to amend the Loan Agreement as set forth
herein, and the Agent and the Lenders are willing to do so in accordance with
the terms hereof.

                                      TERMS

         In consideration of the premises and of the mutual agreements herein
contained, the parties agree as follows:

         ARTICLE I. AMENDMENTS. Upon fulfillment of the conditions set forth in
Article III hereof, the Loan Agreement and the other Loan Documents shall be
amended as follows:

         1.1 The definition of "Facility Termination Date" contained in Section
         1.1 is restated as follows:

                  "Facility Termination Date" means the earlier to occur of (a)
         April 27, 2005 or (b) the date on which the Revolving Credit
         Commitments are terminated pursuant to Article VIII.

         1.2 The following definitions are added to Section 1.1 in appropriate
         alphabetical order:

                  "First Amendment" shall mean the First Amendment to this
         Agreement dated April 28, 2004 among the Borrowers, the Lenders and the
         Agent.

                  "First Amendment Effective Date" shall mean the date as of
         which the First Amendment is effective.

         1.3 The following is added to the end of Section 2.1:

         The Borrowers and the Lenders agree that the Lenders may review the
         Revolving Credit Commitments as of the First Amendment Effective Date
         to determine whether to extend the Revolving Credit Commitments, and
         that the Revolving Credit Commitments shall be deemed terminated
         (without requiring any payment as a result of such termination,
         notwithstanding anything herein to the contrary) as of the First
         Amendment Effective

                                       28
<PAGE>

         Date and reinstated and extended as of the First Amendment Effective
         Date with the revised Facility Termination Date implemented by the
         First Amendment.

         1.4 The last sentence of Section 2.4 is restated as follows:

         Simultaneously with the closing of any Permitted Securitization
         Transaction facility, the Aggregate U.S. Revolving Credit Commitments
         shall be automatically reduced, ratably among the U.S. Revolving Credit
         Commitments, by the amount of any such Permitted Securitization
         Transaction facility which, when aggregated with all other Permitted
         Securitization Transaction facilities, exceeds $200,000,000.

         ARTICLE II. REPRESENTATIONS. Each of the Borrowers represents and
warrants to the Agent and the Lenders that:

         2.1 The execution, delivery and performance of this Amendment are
within its powers, have been duly authorized by existing board resolutions or
other necessary corporate action and are not in contravention of any statute,
law or regulation or of any terms of its Articles of Incorporation, Certificate
of Incorporation or By-laws or other charter documents, or of any material
agreement or undertaking to which it is a party or by which it is bound.

         2.2 This Amendment is the legal, valid and binding obligation of it,
enforceable against it in accordance with the terms hereof, except as
enforceability may be limited by bankruptcy, insolvency or similar laws
affecting the enforcement of creditors' rights generally and by general
principles of equity.

         2.3 After giving effect to the amendments contained herein, the
representations and warranties contained in Article V of the Loan Agreement are
true on and as of the date hereof with the same force and effect as if made on
and as of the date hereof, except to the extent any such representation or
warranty is stated to relate solely to an earlier date, in which case such
representation or warranty shall be true and correct on and as of such earlier
date.

         2.4 After giving effect to the amendments contained herein, no Default
or Unmatured Default exists or has occurred and is continuing on the date
hereof.

         ARTICLE III. CONDITIONS OF EFFECTIVENESS. This Amendment shall become
effective as of the date hereof when each of the following conditions is
satisfied:

         3.1 The Borrowers, the Lenders, the Swing Lender and the Agent shall
have signed this Amendment.

         3.2 The Guarantors shall have signed the consent and agreement to this
Amendment.

         ARTICLE IV. MISCELLANEOUS.

         4.1 The Borrowers agree to pay an amendment fee to each Lender in an
amount equal to two basis points on the Dollar Equivalent Amount of the
aggregate amount of such Lender's Commitments, payable on or within two Business
Days of the effective date of this Amendment. For purposes of this Section 4.1,
the amount of any Term Loan Commitment shall be deemed equal to the outstanding
principal

<PAGE>

amount of the related Term Loan.

         4.2 References in the Loan Agreement or in any other Loan Document to
the Loan Agreement shall be deemed to be references to the Loan Agreement as
amended hereby and as further amended from time to time.

         4.3 Except as expressly amended hereby, each of the Borrowers agrees
that the Loan Agreement and the other Loan Documents are ratified and confirmed,
as amended hereby, and shall remain in full force and effect in accordance with
their terms and that they are not aware of any set off, counterclaim, defense or
other claim or dispute with respect to any of the foregoing. Terms used but not
defined herein shall have the respective meanings ascribed thereto in the Loan
Agreement. This Amendment may be signed upon any number of counterparts with the
same effect as if the signatures thereto and hereto were upon the same
instrument, and telecopied signatures shall be effective as originals.

         IN WITNESS WHEREOF, the Borrowers, the Lenders and the Agent have
executed this Amendment as of the date first above written.

                                   DIEBOLD, INCORPORATED

                                   By: /s/Gregory T. Geswein
                                      ----------------------------------
                                   Gregory T. Geswein
                                   Senior Vice President & CFO

                                   DIEBOLD GLOBAL FINANCE CENTRE
                                     LIMITED, as a Subsidiary Borrower
                                   DIEBOLD INTERNATIONAL LIMITED,
                                     as a Subsidiary Borrower
                                   DIEBOLD SELF-SERVICE SOLUTIONS LIMITED
                                     LIABILITY COMPANY,
                                     as a Subsidiary Borrower
                                   DIEBOLD AUSTRALIA PTY LTD, as a
                                     Subsidiary Borrower

                                   By: /s/Robert J. Warren
                                      ----------------------------------
                                   Robert J. Warren
                                   Authorized Signatory

                                  BANK ONE, NA, as Agent and as a Lender

                                  By: /s/John Glisson
                                      ----------------------------------
                                  John Glisson, Associate Director

<PAGE>

                                  ABN-AMRO BANK, N.V.

                                  By: /s/Angela Noique
                                      ----------------------------------
                                  Angela Noique, Group Vice President

                                  By: /s/John M. Pastore
                                      ----------------------------------
                                  John M. Pastore, Vice President

                                  BANK OF AMERICA, N.A.

                                  By: /s/Thomas R. Durham
                                      ----------------------------------
                                  Thomas R. Durham, Managing Director

                                  JPMORGAN CHASE BANK

                                  By: /s/Dolores Walsh
                                      ----------------------------------
                                  Dolores Walsh, Vice President

                                  KEYBANK NATIONAL ASSOCIATION

                                  By: /s/Marianne T. Meil
                                      ----------------------------------
                                  Marianne T. Meil, Vice President

                                  NATIONAL CITY BANK

                                  By: /s/Thomas E. Redmond
                                      ----------------------------------
                                  Thomas E. Redmond, Senior Vice President

                                  THE BANK OF NEW YORK

                                  By: /s/Kenneth R. McDonnell
                                      ----------------------------------
                                  Kenneth R. McDonnell, Vice President

<PAGE>

                                  US BANK NA

                                  By: /s/Brian H. Gallagher
                                      ----------------------------------
                                  Brian H. Gallagher, Vice President

                                  HSBC BANK USA

                                  By:  /s/Bruce Wicks
                                      ----------------------------------
                                  Bruce Wicks, Vice President

                                  THE GOVERNOR AND COMPANY OF THE
                                  BANK OF IRELAND

                                  By: /s/Barry Heraty
                                      ----------------------------------
                                  Barry Heraty, Manager

                                  By: /s/Linda O'Meara
                                      ----------------------------------
                                  Linda O'Meara, Account Executive

                                  PNC BANK, NATIONAL ASSOCIATION

                                  By: /s/Joseph G. Moran
                                      ----------------------------------
                                  Joseph G. Moran, Managing Director

<PAGE>

                              CONSENT AND AGREEMENT

         As of the date and year first above written, each of the undersigned
hereby:

         (a) fully consents to the terms and provisions of the above Amendment
and the consummation of the transactions contemplated thereby;

         (b) agrees that the Guaranty to which it is a party and each other Loan
Document to which it is a party are hereby ratified and confirmed and shall
remain in full force and effect, acknowledges and agrees that it has no setoff,
counterclaim, defense or other claim or dispute with respect the Guaranty to
which it is a party and each other Loan Document to which it is a party; and

         (c) represents and warrants to the Agent and the Lenders that the
execution, delivery and performance of this Consent and Agreement are within its
powers, have been duly authorized and are not in contravention of any statute,
law or regulation or of any terms of its organizational documents or of any
material agreement or undertaking to which it is a party or by which it is
bound, and this Consent and Agreement is the legal, valid and binding
obligations of it, enforceable against it in accordance with the terms hereof
and thereof. Terms used but not defined herein shall have the respective
meanings ascribed thereto in the Loan Agreement.

                           DIEBOLD INVESTMENT COMPANY
                           DIEBOLD FINANCE COMPANY, INC.

                           By: /s/Margaret Pulgini
                              -------------------------------------------------
                           Margaret Pulgini, VP and Treasurer

                           DIEBOLD HOLDING COMPANY, INC.
                           DIEBOLD ELECTION SYSTEMS, INC.

                           By: /s/Charee Francis-Vogelsang
                              -------------------------------------------------
                           Print Name:  Charee Francis-Vogelsang
                           Their:  Vice President and Assistant Secretary

                           DIEBOLD CREDIT CORPORATION
                           DIEBOLD SST HOLDING COMPANY, INC.
                           DIEBOLD SELF-SERVICE SYSTEMS
                           DIEBOLD CHINA SECURITY HOLDING COMPANY, INC.
                           DIEBOLD LATIN AMERICA HOLDING COMPANY, INC.
                           DIEBOLD SOUTHEAST MANUFACTURING, INC.
                           DIEBOLD MIDWEST MANUFACTURING, INC.
                           DIEBOLD AUSTRALIA HOLDING COMPANY, INC.

                           By: /s/Charee Francis-Vogelsang
                              -------------------------------------------------
                           Print Name:  Charee Francis-Vogelsang
                           Their:  Vice President and Secretary<PAGE>
                                                                   Exhibit 10.29

                                    AMENDMENT
                                    ---------

                  AMENDMENT (this "Amendment"), dated as of July 30, 2004, to
that certain Financing Agreement, dated as of August 7, 2002 (as amended from
time to time, the "Financing Agreement"), by and among TransTechnology
Corporation ("TransTechnology"), NORCO, Inc. (n/k/a TT Connecticut Corporation)
("TTC"), and The CIT Group/Business Credit, Inc. ("CIT").

                              W I T N E S S E T H:

                  WHEREAS, TransTechnology has requested that CIT extend the
term of the Financing Agreement, and CIT is willing to do so on the terms and
conditions hereafter set forth.

                  NOW, THEREFORE, the parties hereto hereby agree as follows:

                  1. Defined Terms.
                     -------------

                  All capitalized terms not otherwise defined herein shall have
the meanings given to them in the Financing Agreement.

                  2. Amendments to the Financing Agreement.
                     -------------------------------------

                 From and after the date this Amendment becomes effective in
accordance with Section 4 below:

                  (a) Paragraph 7.20 of the Financing Agreement is amended and
restated in its entirety to read as follows:

                  "7.20 Until termination of the Financing Agreement and payment
                  and satisfaction in full of all Obligations hereunder, Parent,
                  on a consolidated basis, shall:

                  (a) Not permit EBITDA for the twelve-month period ending on
                  each date set forth below, to be less than the applicable
                  amount set forth below for the applicable period:

                  ------------------------------------ -----------------------
                     TWELVE-MONTH PERIOD ENDING              EBITDA
                  ------------------------------------ -----------------------
                   July 31, 2004                          $11,475,000
                  ------------------------------------ -----------------------
                   August 31, 2004                        $11,246,000
                  ------------------------------------ -----------------------
                   September 30, 2004                     $10,746,000
                  ------------------------------------ -----------------------
                   October 31, 2004                       $10,941,000
                  ------------------------------------ -----------------------
                   November 30, 2004                      $11,376,000
                  ------------------------------------ -----------------------
                   December 31, 2004                      $11,120,000
                  ------------------------------------ -----------------------
                   January 31, 2005                       $11,995,000
                  ------------------------------------ -----------------------
<PAGE>

                  (b) Not permit the Fixed Charges Coverage Ratio for the
                  twelve-month period ending on each date set forth below, to be
                  less than the ratio set forth below for the applicable period:

                   ----------------------------------- -------------------------
                      TWELVE-MONTH PERIOD ENDING                RATIO
                   ----------------------------------- ------------------------
                    July 31, 2004                              1.28:1.00
                   ----------------------------------- ------------------------
                    August 31, 2004                            1.08:1.00
                   ----------------------------------- ------------------------
                    September 30, 2004                         1.02:1.00
                   ----------------------------------- ------------------------
                    October 31, 2004                           1.02:1.00
                   ----------------------------------- ------------------------
                    November 30, 2004                          1.03:1.00
                   ----------------------------------- ------------------------
                    December 31, 2004                          1.00:1.00
                   ----------------------------------- ------------------------
                    January 31, 2005                           1.05:1.00
                   ----------------------------------- ------------------------

                  (c) Make Capital Expenditures (whether subject to a security
                  interest or otherwise) in each calendar month set forth below,
                  in excess of the amount set forth below for the applicable
                  calendar month, provided, however, that in the event the
                  amount set forth below for a month exceeds the actual amount
                  of Capital Expenditures so incurred by Parent in such month,
                  such excess may be carried forward to increase the amount of
                  Capital Expenditures that may be incurred hereunder in
                  succeeding months, provided further, that Parent shall notify
                  CIT within 10 days after any calendar month with respect to
                  which it utilizes any such excess amount to be in compliance
                  with this Section 7.20(c):

                   ------------------------------------- ----------------------
                             MONTH                           EXPENDITURES
                   ------------------------------------- ----------------------
                    Month Ending February 29, 2004              $30,000
                   ------------------------------------- ----------------------
                    Month Ending March 31, 2004                 $459,000
                   ------------------------------------- ----------------------
                    Month Ending April 30, 2004                 $226,000
                   ------------------------------------- ----------------------
                    Month Ending May 31, 2004                   $130,000
                   ------------------------------------- ----------------------
                    Month Ending June 30, 2004                  $251,000
                   ------------------------------------- ----------------------
                    Month Ending July 31, 2004                  $382,000
                   ------------------------------------- ----------------------
                    Month Ending August 31, 2004                $221,000
                   ------------------------------------- ----------------------

                                       2

<PAGE>

                   ------------------------------------- ----------------------
                    Month Ending September 30, 2004             $144,000
                   ------------------------------------- ----------------------
                    Month Ending October 31, 2004               $125,000
                   ------------------------------------- ----------------------
                    Month Ending November 30, 2004              $220,000
                   ------------------------------------- ----------------------
                    Month Ending December 31, 2004              $111,000
                   ------------------------------------- ----------------------
                    Month Ending January 31, 2005               $139,000
                   ------------------------------------- ----------------------

                  (b) Section 11 of the Financing Agreement is amended and
restated in its entirety to read as follows:

                  "SECTION 11.  TERMINATION
                                -----------

                  This Financing Agreement shall terminate on January 31, 2005.
                  Notwithstanding the foregoing, CIT may terminate this
                  Financing Agreement immediately upon the occurrence of an
                  Event of Default, provided, however, that if the Event of
                  Default is an event listed in Paragraph 10.1(c) of Section 10
                  of this Financing Agreement, this Financing Agreement shall
                  terminate in accordance with Paragraph 10.2 of Section 10, and
                  provided further that this Financing Agreement shall
                  automatically terminate on the day that is six months prior to
                  the maturity date of the Subordinated Notes. Parent may
                  terminate this Financing Agreement at any time upon five (5)
                  days' prior written notice to CIT. Upon the termination of
                  this Financing Agreement, whether by CIT, Parent or on January
                  31, 2005 pursuant to the terms hereof, Parent shall pay to CIT
                  immediately as of such termination the Early Termination Fee.
                  All Obligations shall become due and payable as of any
                  termination hereunder or under Section 10 hereof and, pending
                  a final accounting, CIT may withhold any balances in Parent's
                  accounts (unless supplied with an indemnity satisfactory to
                  CIT) to cover all of the Obligations, whether absolute or
                  contingent, including, but not limited to, cash reserves for
                  any contingent Obligations, including an amount of 110% of the
                  face amount of any outstanding Letters of Credit with an
                  expiry date on, or within thirty (30) days of the effective
                  date of termination of this Financing Agreement. All of CIT's
                  rights, Liens and security interests shall continue after any
                  termination until all Obligations have been paid and satisfied
                  in full."

                                       3
<PAGE>

                  3. Amended and Restated Note.
                     -------------------------

                  TransTechnology shall deliver to CIT a Third Amended and
Restated Revolving Loan Promissory Note (the "Amended Note"), in the form
attached hereto as Exhibit A, duly executed by TransTechnology, which Amended
Note will amend (to the extent set forth therein) and restate the Second Amended
and Restated Revolving Loan Promissory Note (dated January 30, 2004 as of August
7, 2002), and will be issued in substitution of and exchange for, but not in
payment of, such Second Amended and Restated Revolving Loan Promissory Note.
Following CIT's receipt of the Amended Note, CIT will return to TransTechnology
for cancellation the original Second Amended and Restated Revolving Loan
Promissory Note, provided, however, that if such promissory note is unavailable,
CIT will instead deliver to TransTechnology an affidavit of loss with respect to
such promissory note. From and after the date this Amendment becomes effective
in accordance with Section 4 hereof, the Amended Note will be deemed to be the
"Revolving Loan Promissory Note" referred to in the Financing Agreement for all
purposes therein.

                  4. Conditions to Effectiveness.
                     ---------------------------

                  (a) This Amendment shall become effective as of the date when
(i) TransTechnology and TTC shall have executed and delivered to CIT this
Amendment, (ii) CIT shall have executed the same, (iii) TransTechnology shall
have executed and delivered to CIT the Amended Note, and (iv) TransTechnology
shall have paid CIT the fee required under Section 4(b) below.

                  (b) TransTechnology shall pay to CIT a non-refundable
amendment fee equal to $50,000, payable to CIT on the date hereof, in accordance
with the provisions of Section 8.9 of the Financing Agreement.

                  5. General.
                     --------

                  (a) Representations and Warranties. To induce CIT to enter
into this Amendment, TransTechnology and TTC, jointly and severally, hereby
represent and warrant to CIT that as of the date hereof:

                      (i) Each of TransTechnology and TTC has the requisite
     corporate power and authority, and the legal right, to make, deliver and
     perform this Amendment and to perform the Loan Documents, as amended by
     this Amendment, to which it is a party, and has taken all necessary
     corporate action to authorize the execution, delivery and performance of
     this Amendment and the performance of the Loan Documents, as so amended, to
     which it is a party.

                      (ii) No consent or authorization of, approval by, notice
     to, filing with or other act by or in respect of, any Governmental
     Authority or any other Person is required with respect to TransTechnology
     or TTC in connection with the execution and delivery of this Amendment or
     with the performance, validity or enforceability of the Loan Documents, as
     amended by this Amendment.

                                       4
<PAGE>

                      (iii) This Amendment and each Loan Document, as amended by
     this Amendment, constitutes the legal, valid and binding obligation of each
     of TransTechnology and TTC, enforceable against each such Person in
     accordance with its terms, subject to the effects of bankruptcy,
     insolvency, fraudulent conveyance, reorganization, moratorium and other
     similar laws relating to or affecting the enforcement of creditors' rights
     generally.

                      (iv) Each of the representations and warranties made by
     each of TransTechnology or TTC in or pursuant to the Loan Documents is true
     and correct in all material respects on and as of the date hereof as if
     made on and as of the date hereof (or, if such representation or warranty
     is expressly stated to have been made as of a specific date, as of such
     specific date).

                  (b) Payment of Expenses. TransTechnology agrees to pay or
reimburse CIT for all out-of-pocket costs and expenses incurred in connection
with this Amendment, any other documents prepared in connection herewith and the
transactions contemplated hereby, including, without limitation, the reasonable
fees and disbursements of counsel to CIT.

                  (c) No Other Amendments; Confirmation. Except as expressly
amended, modified and supplemented hereby, the provisions of the Financing
Agreement and the other Loan Documents are and shall remain in full force and
effect.

                  (d) Governing Law; Counterparts. This Amendment and the rights
and obligations of the parties hereto shall be governed by, and construed and
interpreted in accordance with, the internal laws of the State of New York. This
Amendment may be executed by one or more of the parties hereto on any number of
separate counterparts (including by facsimile transmission), and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument.

                                       5

<PAGE>

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

                                    THE CIT GROUP/BUSINESS CREDIT, INC.

                                    By:  /s/ Vincent Belcastro
                                        ---------------------------
                                    Title:   Vice President

                                    TRANSTECHNOLOGY CORPORATION

                                    By:  /s/ Joseph. F. Spanier
                                        ---------------------------
                                    Name:    Joseph F. Spanier
                                    Title:   Vice President, Chief Financial
                                             Officer and Treasurer

                                    TT CONNECTICUT CORPORATION

                                    By:  /s/ Joseph. F. Spanier
                                        ---------------------------
                                    Name:    Joseph F. Spanier
                                    Title:   Vice President

                                       6

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