Exhibit 10.2

AMENDMENT NO. 1

AMENDMENT NO. 1, dated as of August 26, 2015 (this “Amendment”), to the Term
Loan Agreement, dated as of October 10, 2014 (as the same may be further
amended, restated, amended and restated, supplemented or otherwise modified from
time to time, the “Term Loan Agreement”), among FMC Corporation, a Delaware
corporation (the “Company”), certain of the Company’s subsidiaries from time to
time party thereto as borrowers (together with the Company, the “Borrowers”),
Citibank, N.A., as Administrative Agent (as each such term is defined in the
Term Loan Agreement), and each lender and issuing bank from time to time party
thereto (collectively, the “Lenders” and individually, a “Lender”).

WHEREAS, the Company has requested certain changes to the Term Loan Agreement as
described herein (the “Proposed Amendments”);

WHEREAS, Section 9.01 of the Term Loan Agreement provides that the Company and
the Required Lenders may amend the Loan Documents;

WHEREAS, the Lenders party hereto have agreed to approve the Proposed
Amendments; and

WHEREAS, in order to effect the foregoing, the Company and the other parties
hereto desire to amend the Term Loan Agreement, subject to the terms and
conditions set forth herein.

NOW, THEREFORE, in consideration of the premises contained herein and for other
good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto, intending to be legally bound hereby, agree as
follows:

ARTICLE I

Amendment

SECTION 1.01. Defined Terms. Capitalized terms used herein (including in the
recitals hereto) and not otherwise defined herein shall have the meanings
assigned to such terms in the Term Loan Agreement. The rules of construction
specified in Section 1.04 of the Term Loan Agreement also apply to this
Amendment.

SECTION 1.02. Amendment of Term Loan Agreement. Effective as of the Amendment
Effective Date, Section 6.01(a) of the Term Loan Agreement is hereby amended and
restated in its entirety as follows:

The U.S. Borrower shall maintain, on the last day of each Fiscal Quarter ending
on or following the Closing Date, a Leverage Ratio of not more than the
applicable level set forth below adjacent to such Fiscal Quarter:

 

Fiscal Quarter

   Maximum Leverage Ratio

June 30, 2015

   4.50 to 1.00

September 30, 2015

   4.50 to 1.00

December 31, 2015

   4.50 to 1.00

March 31, 2016

   4.25 to 1.00

June 30, 2016

   4.25 to 1.00

September 30, 2016

   4.00 to 1.00

December 31, 2016

   3.75 to 1.00

March 31, 2017

   3.75 to 1.00

June 30, 2017

   3.75 to 1.00

September 30, 2017 and thereafter

   3.50 to 1.00

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SECTION 1.03. Effectiveness. Section 1.02 of this Amendment shall become
effective as of the first date (the “Amendment Effective Date”) on which the
following conditions have been satisfied:

(a) The Administrative Agent (or its counsel) shall have received from the
Company and the Required Lenders either (x) counterparts of this Amendment
signed on behalf of such parties or (y) written evidence reasonably satisfactory
to the Administrative Agent (which may include facsimile or other electronic
transmissions of signed signature pages) that such parties have signed
counterparts of this Amendment.

(b) The Administrative Agent shall have received, in immediately available
funds, payment or reimbursement of all costs, fees, out-of-pocket expenses,
compensation and other amounts then due and payable in connection with this
Amendment, including the reasonable fees, charges and disbursements of counsel
for the Administrative Agent.

The Administrative Agent shall notify the Company and the Lenders of the
Amendment Effective Date and such notice shall be conclusive and binding.

ARTICLE II

Miscellaneous

SECTION 2.01. Representations and Warranties. (a) To induce the other parties
hereto to enter into this Amendment, the Company represents and warrants to each
of the Lenders and the Administrative Agent that, as of the Amendment Effective
Date and after giving effect to the transactions and amendments to occur on the
Amendment Effective Date, this Amendment has been duly authorized, executed and
delivered by the Company and constitutes, and the Term Loan Agreement, as
amended hereby on the Amendment Effective Date, will constitute, legal, valid
and binding obligations of the Borrowers, enforceable against each of the
Borrowers in accordance with their terms, except as such enforceability may be
limited by bankruptcy, insolvency, moratorium, reorganization or other similar
laws affecting creditors’ rights generally and by general principles of equity
and the implied covenant of good faith and fair dealing.

(b) Each of the representations and warranties made by each party to each Loan
Document in or pursuant to this Amendment or any other Loan Document, or
contained in any certificate or financial statement (other than estimates and
projections which are (x) identified as such and (y) contained in any financial
statement) furnished at any time under or in connection

 

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with this Amendment or any other Loan Document shall be true and correct in all
material respects on and as of the Amendment Effective Date as if made on and as
of such date (except to the extent that such representations and warranties
relate to a particular date, in which case such representations and warranties
shall be true and correct in all material respects on and as of such date), both
before and after giving effect to the this Amendment.

(c) After giving effect to this Amendment and the transactions contemplated
hereby on the relevant date, no Default or Event of Default has occurred and is
continuing on the Amendment Effective Date.

SECTION 2.02. Effect of Amendment. (a) Except as expressly set forth herein,
this Amendment shall not by implication or otherwise limit, impair, constitute a
waiver of, or otherwise affect the rights and remedies of, the Administrative
Agent, the Lenders, any other Agent and any of their respective Affiliates under
the Term Loan Agreement or any other Loan Document, and shall not alter, modify,
amend or in any way affect any of the terms, conditions, obligations, covenants
or agreements contained in the Term Loan Agreement or any other Loan Document,
all of which are ratified and affirmed in all respects and shall continue in
full force and effect. Nothing herein shall be deemed to establish a precedent
for purposes of interpreting the provisions of the Term Loan Agreement or
entitle any Borrower to a consent to, or a waiver, amendment, modification or
other change of, any of the terms, conditions, obligations, covenants or
agreements contained in the Term Loan Agreement or any other Loan Document in
similar or different circumstances. This Amendment shall apply to and be
effective only with respect to the provisions of the Term Loan Agreement and the
other Loan Documents specifically referred to herein.

(b) On and after the Amendment Effective Date, each reference in the Term Loan
Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like
import, and each reference to the Term Loan Agreement, “thereunder”, “thereof”,
“therein” or words of like import in any other Loan Document, shall be deemed a
reference to the Term Loan Agreement, as amended hereby. This Amendment shall
constitute a “Loan Document” for all purposes of the Term Loan Agreement and the
other Loan Documents.

SECTION 2.03. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND
INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. The other
provisions of Article IX of the Term Loan Agreement shall apply to this
Amendment to the same extent as if fully set forth herein.

SECTION 2.04. Headings. The headings of this Amendment are for purposes of
reference only and shall not limit or otherwise affect the meaning hereof.

[SIGNATURE PAGES FOLLOW]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed and delivered by their officers as of the date first above written.

 

The U.S. Borrower FMC CORPORATION By:  

/s/ Thomas C. Deas, Jr.

  Name:   Thomas C. Deas, Jr.   Title:   Vice President and Treasurer The Euro
Borrowers FMC FINANCE B.V. By:  

/s/ Thomas C. Deas, Jr.

  Name:   Thomas C. Deas, Jr.   Title:   Authorized Signatory, as
Attorney-in-Fact FMC CHEMICALS NETHERLANDS B.V. By:  

/s/ Thomas C. Deas, Jr.

  Name:   Thomas C. Deas, Jr.   Title:   Authorized Signatory, as
Attorney-in-Fact FMC LUXEMBOURG HOLDINGS S.À R.L. By:  

/s/ Thomas C. Deas, Jr.

  Name:   Thomas C. Deas, Jr.   Title:   Authorized Signatory, as
Atorney-in-Fact FMC LUXEMBOURG S.À R.L. By:  

/s/ Thomas C. Deas, Jr.

  Name:   Thomas C. Deas, Jr.   Title:   Authorized Signatory, as
Attorney-in-Fact

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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CITIBANK, N.A., as Administrative Agent and Lender By:  

/s/ Michael Vondriska

  Name:   Michael Vondriska   Title:   Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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BANK OF AMERICA, N.A., as Syndication Agent and Lender By:  

/s/ Christopher DiBiase

  Name:   Christopher DiBiase   Title:   Director

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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The Bank of Tokyo-Mitsubishi UFJ, Ltd., as a Lender By:  

/s/ Mustafa Khan

  Name:   Mustafa Khan   Title:   Director

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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BNP Paribas, as a Lender By:  

/s/ Michael Hoffman

  Name:   Michael Hoffman   Title:   Vice President By:  

/s/ Michael Pearce

  Name:   Michael Pearce   Title:   Managing Director

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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Sumitomo Mitsui Banking Corp., as a Lender By:  

/s/ James D. Weinstein

  Name:   James D. Weinstein   Title:   Managing Director

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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JPMORGAN CHASE BANK, N.A., as a Lender By:  

/s/ James A. Knight

  Name:   James A. Knight   Title:   Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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U.S. Bank National Association, as a Lender By:  

/s/ Michael E. Temnick

  Name:   Michael E. Temnick   Title:   Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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HSBC Bank USA, National Association, as a Lender By:  

/s/ David A. Mandell

  Name:   David A. Mandell   Title:   Managing Director

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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DNB Capital LLC, as a Lender By:  

/s/ Giacomo Landi

  Name:   Giacomo Landi   Title:   President By:  

/s/ Cathleen Buckley

  Name:   Cathleen Buckley   Title:   Senior Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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CoBank, ACB, as a Lender By:  

/s/ Hal Nelson

  Name:   Hal Nelson   Title:   Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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TD BANK, N.A., as a Lender By:  

/s/ Craig Welch

  Name:   Craig Welch   Title:   Senior Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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THE BANK OF NEW YORK MELLON, as a Lender By:  

/s/ Mark W. Rogers

  Name:   Mark W. Rogers   Title:   Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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KBC Bank N.V. New York Branch, as a Lender By:  

/s/ Sheila Bermejo

  Name:   Sheila Bermejo   Title:   Vice President By:  

/s/ Raymond Murray

  Name:   Raymond Murray   Title:   Managing Director

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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WELLS FARGO BANK, N.A., as a Lender By:  

/s/ Joseph Gricco

  Name:   Joseph Gricco   Title:   Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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BANK OF CHINA, NEW YORK BRANCH, as a Lender By:  

/s/ Doug Yuan

  Name:   Doug Yuan   Title:   Executive Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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Australia and New Zealand Banking Group Limited, as a Lender By:  

/s/ Robert Grillo

  Name:   Robert Grillo   Title:   Director

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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Branch Banking and Trust Company, as a Lender By:  

/s/ Steven Thompson

  Name:   Steven Thompson   Title:   Banking Officer

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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LLOYDS BANK, plc, as a Lender By:  

/s/ Erin Doherty

  Name:   Erin Doherty   Title:   Assistant Vice President     Transaction
Execution     Category A     D006 By:  

/s/ Daven Popat

  Name:   Daven Popat   Title:   Senior Vice President     Transaction Execution
    Category A     P003

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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Citizens Bank of Pennsylvania, as a Lender By:  

/s/ Leslie D. Broderick

  Name:   Leslie D. Broderick   Title:   Senior Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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Bayerische Landesbank, New York Branch, as a Lender By:  

/s/ Rolf Siebert

  Name:   Rolf Siebert   Title:   Executive Director By:  

/s/ Elke Videgain

  Name:   Elke Videgain   Title:   Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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Compass Bank, as a Lender By:  

/s/ Raj Nambiar

  Name:   Raj Nambiar   Title:   Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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Nordea Bank Finland, Plc, New York Branch, as a Lender By:  

/s/ Urik Berg Andersen

  Name:   Urik Berg Andersen   Title:   Vice President By:  

/s/ Gustaf Stael von Holstein

  Name:   Gustaf Stael von Holstein   Title:   Head of Risk Management

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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COÖPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A., “RABOBANK NEDERLAND”, NEW
YORK BRANCH, as a Lender By:  

/s/ James Purky

  Name:   James Purky   Title:   Vice President By:  

/s/ Peter Glawe

  Name:   Peter Glawe   Title:   Executive Director

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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Santander Bank, N.A., as a Lender By:  

/s/ Spencer Van Kirk

  Name:   Spencer Van Kirk   Title:   Vice President

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]

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SunTrust Bank, as a Lender By:  

/s/ Chris Hursey

  Name:   Chris Hursey   Title:   Director

 

[SIGNATURE PAGE TO AMENDMENT NO. 1 TO

TERM LOAN AGREEMENT]