Document:

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                                                                 EXHIBIT 4.6 (a)

                                 AMENDMENT NO. 1
                          DATED AS OF NOVEMBER 22, 2002
                                    TO OFFER
                          DATED AS OF DECEMBER 3, 2001

     Amendment No. 1 dated as of November 22, 2002 (the "Amendment") between
IDEX CORPORATION (the "Borrower") and CREDIT LYONNAIS NEW YORK BRANCH (the
"Lender") to the Offer dated as of December 3, 2001 (the "Offer") for an
uncommitted line of credit by the Lender in favor of the Borrower.

     WHEREAS, the Borrower has requested that the Lender amend the Offer by
extending the Expiration Date, and that the Offer be modified in certain other
respects, and

     WHEREAS, the Lender is willing to amend the Offer and grant such request on
and subject to the terms and conditions hereinafter set forth.

     NOW, THEREFORE, IT IS AGREED:

     SECTION 1. CAPITALIZED TERMS. All terms used but not otherwise defined
herein shall have the meaning ascribed to them in the Offer.

     SECTION 2. AMENDMENTS TO OFFER. The Offer is, effective as of the date
hereof and subject to the satisfaction of the conditions precedent set forth in
Section 3 below, hereby amended as follows:

     (a)  The definition of "Expiration Date" in Section 1 of the Offer is
          hereby amended by replacing "364 days from the date set forth above"
          in clause (i) thereof with "May 24, 2003".

     (b)  The reference to "$20,000,000" in Section 1 of the Offer is hereby
          replaced with "$30,000,000".

     SECTION 3. CONDITIONS TO EFFECTIVENESS. This Amendment shall become
effective as of the date first written above when the Lender shall have received
(i) counterparts of this Amendment executed by the Borrower and the Lender, (ii)
a new Promissory Note (the "New Note") in favor of the Lender in the form
annexed hereto on Exhibit A in replacement of the Promissory Note dated December
3, 2001 in the original principal amount of $20,000,000 (the "Old Note"), and
(iii) such other documents, instruments or agreement as the Lender shall
reasonably request. Upon its receipt of the New Note, duly executed by the
Borrower, the Lender shall return the Old Note to the Borrower marked
"cancelled".

     SECTION 4. REPRESENTATIONS AND WARRANTIES. The Borrower hereby represents
and warrants that as of the date of effectiveness of this Amendment, all
representations and warranties set forth in the Offer are true and correct as of
such date, with each reference therein to the Offer meaning a reference to the
Offer as amended hereby.

     SECTION 5. REFERENCE TO AND EFFECT ON CREDIT DOCUMENTS.

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                                                                               2

     (a) Upon the effectiveness hereof, on and after the date hereof, each
reference in the Credit Documents to "this Offer". "hereunder", "hereof" or
words of like import referring to the Offer and each reference in instruments
and documents delivered in connection therewith to "the Offer", "thereunder",
"thereof" or words of like import referring to the Offer shall mean and be a
reference to the Offer, as amended hereby.

     (b) Except as expressly modified hereby, the terms and provisions of the
Offer and each Credit Document shall remain in full force and effect and is
hereby ratified in all respects by the Borrower.

     (c) The execution, delivery and effectiveness of this Amendment shall
neither operate as a waiver of any rights, power or remedy of the Lender under
any of the Credit Documents nor constitute a waiver of any provision of any of
the Credit Documents.

     SECTION 6. GOVERNING LAW. This Amendment shall be governed by and construed
in accordance with the laws of the State of New York, without regard to its
conflicts of laws principles.

     SECTION 7. EXECUTION IN 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 to be an original
and all of which taken together shall constitute but one and the same agreement.
Delivery of an executed counterpart of a signature page to this Amendment by
telecopier shall be effective as delivery of a manually executed counterpart of
this Amendment.

                             [SIGNATURES TO FOLLOW]

     IN WITNESS WHEREOF, the parties hereto through their duly authorized
representatives have set their hand as of the date first written above.

                                  IDEX CORPORATION

                                  BY:__________________________________
                                  Name:
                                  Title:

                                  CREDIT LYONNAIS
                                     NEW YORK BRANCH

                                  BY:__________________________________
                                  Name:
                                  Title:

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                                                                               3

Exhibit A                                 NOTE

                                                   New York, New York

$30,000,000                                        November 22, 2002

     For value received, IDEX Corporation, a Delaware corporation ("Borrower"),
promises to pay to the order of Credit Lyonnais New York Branch ("Lender") the
lesser of (a) Thirty Million United States Dollars ($30,000,000) and (b) the
aggregate unpaid principal amount of the Loans made by Lender to Borrower
pursuant to the Offer (as hereinafter defined) on the dates provided for
therein. Borrower promises to pay interest on the unpaid principal amount of
each such Loan on the dates and at the rate or rates provided for in the Offer.
All such payments of principal and interest shall be made in lawful money of the
United States in Federal or other immediately available funds at the office of
Credit Lyonnais New York Branch, 1301 Avenue of the Americas, New York, NY
10019.

     All Loans made by Lender, the respective types and maturities thereof and
all repayments of the principal thereof shall be recorded by Lender and, if
Lender so elects in connection with any transfer or enforcement hereof,
appropriate notations to evidence the foregoing information with respect to each
such Loan then outstanding may be endorsed by Lender in the schedule attached
hereto or on a continuation of such schedule attached to and made a part hereof;
PROVIDED, HOWEVER, that the failure of Lender to make any such recordation or
endorsement shall not affect the obligation of Borrower hereunder or under the
Offer.

     This note is the Note referred to in the Offer, dated as of December 3,
2001, between Borrower and Lender (as amended, and as the same may be amended,
supplemented or otherwise modified from time to time, the "OFFER"). Terms
defined in the Offer are used herein with the same meanings. Reference is made
to the provisions of the Offer for, among other things, prepayment of the Loans
and the acceleration of the maturity thereof.

     This Note is issued in substitution for, but not in repayment of, the Note
dated December 3, 2001. Any Loans outstanding under such prior Note shall
constitute loans under, evidenced by and subject to the terms of this Note.

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

                                  IDEX CORPORATION

                                  BY:__________________________________
                                  Name:
                                  Title:<PAGE>

                                                                 EXHIBIT 4.7 (a)

                                                                  Execution Copy

                         AMENDED AND RESTATED FEE LETTER

                                December 18, 2002

IDEX Receivables Corporation
630 Dundee Road, Suite 400
Northbrook, IL 60062

          Re:  Receivables Purchase Agreement
               ------------------------------

Ladies and Gentlemen:

          Reference is hereby made to that certain Receivables Purchase
Agreement (as amended by Amendment No. 1 thereto of even date herewith and as
otherwise amended, restated or otherwise modified from time to time, the
"PURCHASE AGREEMENT"), dated as of December 20, 2001, among IDEX Receivables
Corporation, as seller (the "SELLER"), IDEX Corporation, as servicer (the
"SERVICER"), Falcon Asset Securitization Corporation ("FALCON"), certain
entities party thereto as "Financial Institutions" and Bank One, NA (Main Office
Chicago), as Agent (the "AGENT") for Falcon and the Financial Institutions. This
letter constitutes the "Fee Letter" referred to in the Purchase Agreement and
sets forth our understanding in respect of certain fees payable by the Seller
and the obligations of the Seller in connection therewith. Capitalized terms
that are used herein and not otherwise defined herein shall have the respective
meanings assigned thereto under the Purchase Agreement.

          SECTION 1. FEES. Notwithstanding any limitation on recourse contained
in the Purchase Agreement:

          (a) AMENDMENT AND RENEWAL FEE. On the date hereof, the Seller shall
pay to Falcon an amendment and renewal fee in the amount of $25,000.00.

          (b) ON-GOING FEES. The following fees shall be due and payable on each
Settlement Date of the type described in clause (A) of the definition of
"Settlement Date" in the Purchase Agreement, or such other day as agreed to by
the Seller and the Agent in writing (each such date, a "PAYMENT DATE"), during
the period commencing on the date hereof until the date occurring after the
Facility Termination Date on which the amount of the Aggregate Unpaids shall be
reduced to zero. All such fees shall accrue from the date hereof and shall, as
provided in Section 1.4 of the Purchase Agreement, be calculated on the basis of
a 360-day year for the actual number of days elapsed (including the first but
excluding the last such day).

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          (i) ADMINISTRATION FEE. On each Payment Date, the Seller shall pay to
     Falcon a fee equal to 0.42% per annum times 102% of the Purchase Limit.

          (ii) PROGRAM FEE. On each Payment Date, the Seller shall pay to Falcon
     a fee equal to 0.35% times the average daily outstanding Capital during the
     immediately preceding calendar month or portion thereof.

          SECTION 2. INDEPENDENT NATURE OF FEES. Each of the fees described in
SECTION 1 above shall be in addition to, and not in lieu of any other fees,
expenses, reimbursements, indemnities and any other amounts payable by the
Seller under or in connection with the Purchase Agreement. Nothing contained in
this Fee Letter shall limit in any way the obligation of the Seller to pay any
amount required to be paid by it in accordance with the terms of the Purchase
Agreement.

          SECTION 3. TERMINATION. This Fee Letter shall terminate immediately
following the later to occur of (a) the Facility Termination Date and (b) the
repayment in full of all of the Aggregate Unpaids.

          SECTION 4. AMENDMENTS AND WAIVERS. No amendment, waiver, supplement or
other modification of this Fee Letter shall be effective unless made in writing
and executed by each of the parties hereto.

          SECTION 5. COUNTERPARTS. This Fee Letter may be executed in any number
of counterparts and by different parties hereto in separate counterparts, each
of which when so executed shall be deemed to be an original and all of which
when taken together shall constitute one and the same agreement.

          SECTION 6. SUCCESSORS AND ASSIGNS. This Fee Letter shall be binding
upon, and shall inure to the benefit of, the parties hereto and their respective
successors and assigns; PROVIDED that the Seller may not assign any of its
obligations hereunder without the prior written consent of the Agent and each of
the Purchasers.

          SECTION 7. GOVERNING LAW. This Fee Letter shall be governed and
construed in accordance with the internal laws (and not the law of conflicts) of
the State of Illinois.

          SECTION 8. AMENDMENT AND RESTATEMENT; EFFECTIVENESS. This letter
agreement amends and restates in its entirety that certain Fee Letter dated as
of December 20, 2001 among the parties hereto (the "EXISTING FEE LETTER"). This
letter agreement is not intended to constitute a novation of the Existing Fee
Letter, and all fees that have accrued under the Existing Fee Letter up to the
date hereof shall have accrued at the rates specified in the Existing Fee Letter
and shall be payable as and when required in accordance with the terms thereof.
All fees accruing from and after the date hereof shall accrue at the rates
specified in this letter agreement and shall be payable as and when required in
accordance with the terms hereof.

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     If the foregoing agreements evidence your understanding, please acknowledge
by executing this letter in the space provided below.

                                     Very truly yours,

                                     BANK ONE, NA (MAIN OFFICE CHICAGO),
                                              as Agent

                                     By_________________________________

                                              Director, Capital Markets

                                     FALCON ASSET SECURITIZATION
                                     CORPORATION

                                     By_________________________________

                                              Authorized Signatory

Acknowledged and Agreed:

IDEX RECEIVABLES CORPORATION

By____________________________
Name:
Title:

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