EXHIBIT 3
                                                                       ---------

                               EXIDE TECHNOLOGIES
                             13000 DEERFIELD PARKWAY
                                  BUILDING 200
                            ALPHARETTA, GEORGIA 30004


                               September 18, 2006

Tontine Capital Partners, L.P.
c/o Tontine Capital Management L.L.C.
55 Railroad Avenue, 1st Floor
Greenwich, Connecticut 06830
Attn:  Joseph V. Lash

                           Re:      Standby Purchase Agreement
                                    --------------------------

Ladies and Gentlemen:

          This letter is written in connection with the Standby Purchase
Agreement dated as of June 28, 2006, as amended on August 1, 2006 (the
"Agreement"), by and among Exide Technologies ("Exide"), Tontine Capital
Partners, L.P. ("Tontine"), Legg Mason Investment Trust, Inc. and Arklow
Capital, LLC. This letter is written to confirm Exide and Tontine's intentions
and understandings with regards to certain provisions of the Agreement.
Capitalized terms used herein and not otherwise defined shall have the meanings
given to them in the Agreement.

          1.   Election or  Appointment of Exide  Director.  Section 9(b) of the
Agreement,  among other  things,  provides  that the  obligations  of Tontine to
consummate the transactions contemplated by the Agreement are conditioned on the
election  or  appointment  on or prior to the  Closing  Date of two  nominees of
Tontine to Exide's Board of Directors who are  reasonably  acceptable to Exide's
Board of Directors. Tontine has successfully nominated one candidate on or prior
to the  Closing  Date,  which  nominee  has been  approved  by Exide's  Board of
Directors,  subject  to the  closing  of the  transactions  contemplated  by the
Agreement.  Exide agrees that until December 31, 2006 it will promptly submit to
its Board of Directors for review and consideration  additional nominees Tontine
presents to Exide for the election or appointment of a second Tontine nominee to
Exide's Board of Directors. Such nominee will be so elected or appointed subject
to such nominee being reasonably acceptable to Exide's Board of Directors.

          2.   Waiver of Closing  Condition.  In consideration of the foregoing,
Tontine hereby agrees to waive the closing  conditions set forth in Section 9(b)
of the Agreement,  as such conditions  apply to the election or appointment of a
second Tontine nominee to Exide's Board of Directors prior to the Closing Date.

          3.   Miscellaneous.   This   letter   agreement   is  binding  on  and
enforceable against Exide and Tontine notwithstanding any contrary provisions in
the  Agreement,  and in the event of a conflict  between the  provisions of this
letter  agreement and the  Agreement,  the  provisions of this letter  agreement
shall control.  This letter  agreement may be executed in multiple  counterparts
which, taken together, shall constitute one and the same agreement.

                                    * * * * *



         If the above correctly reflects your understanding and agreement with
respect to the foregoing matters, please so confirm by signing the enclosed copy
of this letter agreement.



                                          EXIDE TECHNOLOGIES


                                          By:  /s/ Francis M. Corby, Jr.
                                              ----------------------------------
                                          Name: Francis M. Corby, Jr.
                                          Title:  Executive Vice President and
                                          Chief Financial Officer





ACCEPTED AND AGREED AS OF
THE DATE FIRST WRITTEN ABOVE:

TONTINE CAPITAL PARTNERS, L.P.

By:  TONTINE CAPITAL MANAGEMENT, L.L.C., its general partner



By:  /s/  Jeffrey L. Gendell
    ----------------------------------
Name:  Jeffrey L. Gendell
Title:  Managing Member