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0241A r AMENDMENT NO. 1 TO LEASE AND AGREEMENT DATED SEPTEMBER 1, 1966 PURSUANT TO SECTIONS 2102 AND 2207 i This Amendment made as of the '; of 1971, by and between: CITY OF JACKSONVILLE, ARKANSAS, a City of the first class duly existing under the laws of the State of Arkansas ( "Lessor "), and CONTROLS COMPANY OF AMERICA, a Delaware corporation ( "Lessee "). W I T N E S S E T H: • That in consideration of amendment hereinafter set forth in Paragraph 1, the parties hereto do hereby agree as follows: 1. Section 2208 of the aforementioned September 1, 1966 Lease and Agreement is deleted and the following sub- stituted: "Lessee shall furnish to Lessor and to the Trustee as soon as practicable, but in any event within 120 days after the end of the preceding fiscal year, a balance sheet of Guarantor as at the end of such fiscal year and the related statement of income and surplus for such fiscal year, all in reasonable detail and accompanied by a report or certificate of independent certified public accountants of recognized standing, who may be the accountants regularly employed by the Guarantor." 2. At the foot of the aforementioned September 1, { 1966 Lease and Agreement at page 58 thereof, the following d ' is added: ORD. BOOK r .. "Guarantee "THE SINGER COMPANY, a New Jersey corporation ( "Guarantor "), hereby unconditionally guarantees the performance of Lessee's obligations hereunder upon demand of Lessor and without requirement that Lessor first exhaust its remedies against Lessee." 3. Except as modified and amended herein, the aforesaid September 1, 1966 Lease and Agreement shall remain in full force and effect and shall be performed fully and faith- fully by the parties hereto. IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to be executed as of the date set forth above. Attest: CITY OF JACKSONVILLE, ARKANSAS ) - LESSOR 7° City Clerk . Attest: CONTROLS COMPANY OF AMERICA LESSEE r � Assists c r tart' Vice President - F' ce - Attest: THE SINGER COMPANY GUARANTOR B Secrek - Vice President - Treasurer CONSENTED TO: Attest: WORTHEN BANK & TRUST COMPANY k18 ----:-ioa 4 4 • ° TRUSTEE ASSISTA ,. .° 11, s 0 icer • 2