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Exhibit 10.2

AMENDMENT NO. 1 TO BRIDGE LOAN AGREEMENT

AMENDMENT NO. 1 (this “Amendment”) dated as of July 14, 2011 to the Bridge Loan
Agreement dated as of July 11, 2011 (the “Credit Agreement”) among Joy Global
Inc. (the “Borrower”), the Subsidiaries of the Borrower party thereto, the
lenders party thereto (the “Lenders”) and JPMorgan Chase Bank, N.A., as
Administrative Agent (the “Administrative Agent”).

The parties hereto agree as follows:

SECTION 1.  Defined Terms; References.  Unless otherwise specifically defined
herein, each term used herein that is defined in the Credit Agreement has the
meaning assigned to such term in the Credit Agreement. Each reference to
“hereof”, “hereunder”, “herein” and “hereby” and each other similar reference
and each reference to “this Agreement” and each other similar reference
contained in the Credit Agreement shall, after this Amendment becomes effective,
refer to the Credit Agreement as amended hereby.

SECTION 2.  Amendment to the Credit Agreement.  Section 3.02(f) of Credit
Agreement is hereby amended and restated to read in its entirety as follows:

“(f)           (A) the Company’s “Revenue”, as set forth in the Company’s
results announcement for the twelve months ending December 31, 2011 filed with
The Stock Exchange of Hong Kong Limited pursuant to the Listing Rules (the
“December 31 Report”) and determined in accordance with the Company’s financial
and accounting policies, practices and judgments (and as adjusted to exclude:
(i) non-recurring extraordinary or one-time items, adjustments or accruals; (ii)
adjustments arising as a result of or in connection with the 41% Purchase
Agreement and the completion of the sale and purchase of the ordinary shares of
the Company thereunder and the transactions contemplated thereby; and (iii)
payments, transaction fees and expenses, reserves, accruals, adjustments,
transactions or circumstances arising as a result of or in connection with the
41% Purchase Agreement and the completion of the sale and purchase of the
ordinary shares of the Company thereunder and the transactions contemplated
thereby), shall be greater than or equal to 80% of the Company’s “Revenue” for
the corresponding twelve months ended December 31, 2010 (as so adjusted) and (B)
the dollar value of the original equipment bookings of the Company and its
subsidiaries for the twelve months ending December 31, 2011 shall be greater
than or equal to 80% of the dollar value of the original equipment bookings of
the Company and its subsidiaries for the corresponding twelve months ended
December 31, 2010; provided that the condition set forth in this paragraph (f)
shall be inapplicable if the Chinese Ministry of Commerce shall have granted
approval for the 41% Purchase prior to the filing of the December 31 Report.”

SECTION 3.  Additional Amendment to the Credit Agreement.  Annex B to the Credit
Agreement is hereby replaced with the agreement attached an Annex A hereto.

SECTION 4.  Effectiveness.  This Amendment shall become effective upon receipt
by the Administrative Agent from the Borrower and each of the Lenders party
hereto (which Lenders constitute all of the Lenders) of a counterpart hereof
signed by such party or facsimile or other written confirmation (in form
satisfactory to the Administrative Agent) that such party has signed a
counterpart hereof.

 
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SECTION 5.  Governing Law.  This Amendment shall be governed by and construed in
accordance with the laws of the State of New York.

SECTION 6.  Counterparts.  This Amendment may be signed in any number of
counterparts, each of which shall be an original, with the same effect as if the
signatures thereto and hereto were upon the same instrument.

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

 
JOY GLOBAL INC.
         
By:
/s/ Michael S. Olsen
   
Name:
Michael S. Olsen
   
Title:
Executive Vice President, Chief Financial Officer and Treasurer

 
 

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JPMORGAN CHASE BANK, N.A., as Lender and as Administrative Agent
         
By:
/s/ Suzanne Ergastolo
   
Name:
Suzanne Ergastolo
   
Title:
Vice President

 
 
 

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GOLDMAN SACHS BANK USA, as Lender
         
By:
/s/ Anna Ostrovsky
   
Name:
Anna Ostrovsky
   
Title:
Authorized Signatory

 
 
 

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BANK OF AMERICA, N.A., as Lender
         
By:
/s/ Chris Burns
   
Name:
Chris Burns
   
Title:
Vice President

 
 

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Annex A

[41% Purchase Agreement (as amended and restated on July 14, 2011)]
 
 

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