AMENDMENT TO LOAN AGREEMENT
THIS AMENDMENT TO LOAN AGREEMENT dated as of the 20th day of February, 2000, by and between
FLEET NATIONAL BANK, a national banking association having an office located at 69 State Street, Albany,
New York 12207 (the "Bank"), and DECORA INCORPORATED, a Delaware corporation having an address
at 1 Mill Street, Fort Edward, New York 12828 (the "Borrower").
WHEREAS, the Borrower and the Bank entered into a certain Restated Secured Revolving Line of Credit
Agreement dated as of the 29th day of April, 1998 (the "Loan Agreement"), which agreement restated and
amended various prior agreements between Borrower and the Bank. (Capitalized terms used herein and not
otherwise defined shall have the meanings attributed to them in the Loan Agreement); and
WHEREAS, pursuant to the Loan Agreement the Bank agreed to extend a loan of up to $15,000,000.00 (the
"Loan") to the Borrower; and
WHEREAS, pursuant to the Loan Agreement, the Borrower made various covenants, including financial
WHEREAS, Borrower has violated these covenants and is in default as described in Section 1 hereof; and
WHEREAS, Borrower has asked that the Bank modify these covenants and waive the current default under the
WHEREAS, advances of the Loan under the Loan Agreement were to be based upon percentages of
"Acceptable Accounts Receivable" and "Acceptable Inventory", as those terms are defined in the Loan
WHEREAS, the Borrower has requested that the basis for advances of the Loan be modified; and
WHEREAS, the Bank has agreed to such modifications subject to the terms and conditions herein provided.
NOW, THEREFORE, in consideration of the foregoing recitals and the promises and mutual covenants
hereinafter set forth, the parties hereto agree as follows:
1. Acknowledgment of Default. Borrower acknowledges and agrees that an Event of Default has occurred in that
Borrower has failed to maintain the "Minimum Fixed Charge Coverage Covenant"