RECEIVABLES SALE AGREEMENT
THIS FIRST AMENDMENT TO RECEIVABLES SALE AGREEMENT, dated as of March 18, 2003 (this
"Amendment") is entered into by and among ARCH CHEMICALS, INC. ("Arch") and certain affiliates of Arch
listed on the signature pages hereto (each such affiliate, together with Arch, being the "Originators") and ARCH
CHEMICALS RECEIVABLES CORP. (the "Buyer").
WHEREAS, the Originators and Buyer have entered into the Receivables Sale Agreement (the "Agreement")
dated as of March 19, 2002;
WHEREAS, the parties hereto desire to amend the Agreement in certain respects as provided herein;
NOW, THEREFORE, in consideration of the premises and the mutual covenants contained herein, the
Originators and Buyer hereby agree as follows:
SECTION 1. Amendments.
The Agreement is hereby amended as follows:
The definition of "Receivable" in Exhibit I to the Agreement is hereby amended by adding the following phrase at
the end of the first sentence thereof and before the period:
"; provided, however, that in each case the Obligor of such indebtedness or other obligation is domiciled in the
United States of America or in Canada (excluding the Provinces of Quebec, New Brunswick, Nova Scotia and
SECTION 2. Reference to and Effect on the Agreement and the Related Documents.
Upon the effectiveness of this Amendment, (i) each of the Seller Parties hereby reaffirms all representations and
warranties made by it in Article II of the Agreement (as amended hereby) and agrees that all such covenants,
representations and warranties shall be deemed to have been remade as of the effective date of this Amendment,
(ii) each of the Seller Parties hereby represents and warrants that no Termination Event, Amortization Event or
Unmatured Amortization Event shall have occurred and be continuing and (iii) each reference in the Agreement to
"this Agreement", "hereunder", "hereof", "herein" or words of like import shall mean and be