Exhibit 10.2
AMENDMENT NO. 2
AMENDMENT NO. 2, dated as of April 22, 2020 (this “Amendment”), to the Term Loan
Agreement, dated as of May 2, 2017 (as amended by that certain Amendment No. 1,
dated as of September 28, 2018, and 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 such term is defined in the Term Loan
Agreement), each lender from time to time party thereto (collectively, the
“Lenders” and individually, a “Lender”) and the other parties thereto.
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 Second
Amendment Effective Date (as defined below):
(a) Section 1.01 of the Term Loan Agreement is hereby amended to add the
following new defined terms in their correct alphabetical order:
“Second Amendment” means that certain Amendment No. 2, dated as of April 22,
2020, among the Borrowers, the Administrative Agent and the Lenders party
thereto.
“Second Amendment Effective Date” has the meaning assigned to such term in the
Second Amendment.

--------------------------------------------------------------------------------

Exhibit 10.2
(b) Section 6.01(a) of the Term Loan Agreement is hereby amended and restated in
its entirety as follows:
(a) Maximum Leverage Ratio. The U.S. Borrower shall maintain, on the last day of
each Fiscal Quarter ending on or following the Second Amendment Effective 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, 2020
4.25 to 1.00
September 30, 2020
4.25 to 1.00
December 31, 2020
4.25 to 1.00
March 31, 2021
4.00 to 1.00
June 30, 2021 and thereafter
3.50 to 1.00

(c) Section 6.04 of the Term Loan Agreement is hereby amended to add the
following new clause (j):
(j) During the period commencing on the Second Amendment Effective Date and
ending on June 30, 2021, the U.S. Borrower shall not make or agree to make,
directly or indirectly, any purchase, redemption, retirement or other
acquisition of shares of its Stock or warrants or options to acquire any such
shares, or incur any obligation (contingent or otherwise) to do so, at any time
the Leverage Ratio exceeds 3.50 to 1.00 or an Event of Default has occurred and
is continuing, in either case before or after giving effect to such event;
provided, however that, so long as no Event of Default has occurred and is
continuing before or after giving effect thereto, the U.S. Borrower may at any
time purchase, redeem, retire or otherwise acquire for value its Stock
(including any stock appreciation rights, warrants or options in respect
thereof) (i) from current or former employees or directors in the ordinary
course of business, (ii) with the proceeds received from the substantially
concurrent issue of new shares of its Stock or other common equity interests and
(iii) to the extent deemed to occur upon the exercise of options by current or
former employees or directors to purchase Stock or other equity interests if
such shares of Stock or other equity interests represent a portion of the
exercise price of such options.
SECTION 1.03. Effectiveness. Section 1.02 of this Amendment shall become
effective as of the first date (the “Second Amendment Effective Date”) on which
the following conditions have been satisfied:
(a) The Administrative Agent (or its counsel) shall have received counterparts
of this Amendment executed by (i) the Company and (ii) the Required Lenders.
(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 (i) a nonrefundable consent fee, for the account of each
Lender (including Citibank, N.A.) consenting to the Amendment (each, a
“Consenting Lender”), in an amount equal to 0.15% of such Consenting

--------------------------------------------------------------------------------

Exhibit 10.2
Lender’s Commitment and (ii) the reasonable fees, charges and disbursements of
counsel for the Administrative Agent.
The Administrative Agent shall notify the Company and the Lenders of the Second
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 Second Amendment
Effective Date and after giving effect to the transactions and amendments to
occur on the Second 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 Second 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 with this Amendment or
any other Loan Document shall be true and correct in all material respects
(except any representations and warranties that are qualified by materiality,
which shall be true and correct in all respects) on and as of the Second
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 Second 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.

--------------------------------------------------------------------------------

Exhibit 10.2
(b) On and after the Second 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.
SECTION 2.05.Counterparts; Electronic Signatures. This Amendment may be executed
in any number of counterparts and by different parties hereto in separate
counterparts, each of which when so executed shall be deemed to be an original
and all of which taken together shall constitute one and the same agreement.
Delivery of an executed counterpart of this Amendment by facsimile or PDF or
other electronic means shall be effective as delivery of a manually executed
counterpart of this Amendment. The words “execution,” “executed,” “signed,”
“signature,” and words of like import in this Amendment shall be deemed to
include electronic signatures or the keeping of records in electronic form, each
of which shall be of the same legal effect, validity or enforceability as a
manually executed signature or the use of a paper-based recordkeeping system, as
the case may be, to the extent and as provided for in any applicable law,
including the Federal Electronic Signatures in Global and National Commerce Act,
the New York State Electronic Signatures and Records Act, or any other similar
state laws based on the Uniform Electronic Transactions Act; provided, further,
that, without limiting the foregoing, upon the request of the Administrative
Agent, any electronic signature shall be promptly followed by such manually
executed counterpart.

[SIGNATURE PAGES FOLLOW]

--------------------------------------------------------------------------------

Exhibit 10.2
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/ Brian J. Blair
Name: Brian J. Blair
Title: Deputy Treasurer

The Euro Borrowers
FMC Finance B.V.

By: /s/ Brian J. Blair
Name: Brian J. Blair
Title: Director

FMC Chemicals Netherlands B.V.

By: /s/ Brian J. Blair
Name: Brian J. Blair
Title: Director

FMC Luxembourg Holdings S.à r.l.

By: /s/ Brian J. Blair
Name: Brian J. Blair
Title: Director

FMC Luxembourg S.à r.l.

By: /s/ Brian J. Blair
Name: Brian J. Blair
Title: Director

--------------------------------------------------------------------------------

Exhibit 10.2
CITIBANK, N.A.,
as Administrative Agent and Lender

By: /s/ Michael Vondriska
Name: Michael Vondriska
Title: Vice President

--------------------------------------------------------------------------------

Exhibit 10.2
BANK OF AMERICA, N.A.,
as a Lender

By: /s/ Mukesh Singh
Name: Mukesh Singh
Title: Director

--------------------------------------------------------------------------------

Exhibit 10.2
BNP Paribas,
as a Lender

By: /s/ Michael Hoffman
Name: Michael Hoffman
Title: Director

By: /s/ Yudesh Sohan
Name: Yudesh Sohan
Title: Director

--------------------------------------------------------------------------------

Exhibit 10.2
COBANK ACB,
as a Lender

By: /s/ Chuck Castles
Name: Chuck Castles
Title: Vice President

--------------------------------------------------------------------------------

Exhibit 10.2
AgFirst Farm Credit Bank,
as a Voting Participant

By: /s/ Matt Jeffords
Name: Matt Jeffords
Title: Vice President

--------------------------------------------------------------------------------

Exhibit 10.2

Farm Credit Bank of Texas,
as a Voting Participant

By: /s/ Isaac E. Bennett
Name: Isaac E. Bennett
Title: Vice President

--------------------------------------------------------------------------------

Exhibit 10.2

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

By: /s/ Peter S. Predun
Name: Peter S. Predun
Title: Executive Director

--------------------------------------------------------------------------------

Exhibit 10.2
SUMITOMO MITSUI BANKING              CORPORATION,
as a Lender

By: /s/ Jun Ashley
Name: Jun Ashley
Title: Director

--------------------------------------------------------------------------------

Exhibit 10.2
TD BANK, N.A.,
as a Lender

By: /s/ Craig Welch
Name: Craig Welch
Title: Senior Vice President

--------------------------------------------------------------------------------

Exhibit 10.2
TRUIST BANK (formerly known as Branch Banking and Trust Company),
as a Lender

By: /s/ Matthew J. Davis
Name: Matthew J. Davis
Title: Senior Vice President

--------------------------------------------------------------------------------

Exhibit 10.2
SANTANDER BANK, N.A.,
as a Lender

By: /s/ Pablo Urgoiti
Name: Pablo Urgoiti
Title: Managing Director

By: /s/ Andres Barbosa
Name: Andres Barbosa
Title: Executive Director

--------------------------------------------------------------------------------

Exhibit 10.2
Citizens Bank, N.A. (as successor by merger to Citizens Bank of Pennsylvania),
as a Lender

By: /s/ William J. O’Meara
Name: William J. O’Meara
Title: Senior Vice President

--------------------------------------------------------------------------------

Exhibit 10.2
KBC Bank, N.V., New York Branch,
as a Lender

By: /s/ Jana Sevcikova
Name: Jana Sevcikova
Title: Director, Corporate Banking

By: /s/ Francis Payne
Name: Francis Payne
Title: Managing Director

--------------------------------------------------------------------------------

Exhibit 10.2
Mizuho Bank, Ltd,
as a Lender

By: /s/ Donna DeMagistris
Name: Donna DeMagistris
Title: Authorized Signatory

--------------------------------------------------------------------------------

Exhibit 10.2
PNC Bank National Association,
as a Lender

By: /s/ John T. Wilder
Name: John T. Wilder
Title: Senior Vice President

--------------------------------------------------------------------------------

Exhibit 10.2
COÖPERATIEVE RABOBANK U.A., NEW YORK BRANCH,
as a Lender

By: /s/ Jeff Bliss
Name: Jeff Bliss
Title: Executive Director

By: /s/ Robert Graff
Name: Robert Graff
Title: Managing Director

--------------------------------------------------------------------------------

Exhibit 10.2
U.S. Bank National Association,
as a Lender

By: /s/ Jeffrey D. Hernandez
Name: Jeffrey D. Hernandez
Title: Vice President

--------------------------------------------------------------------------------

Exhibit 10.2
Wells Fargo Bank, National Association,
as a Lender

By: /s/ Nathan R. Rantala
Name: Nathan R. Rantala
Title: Managing Director

--------------------------------------------------------------------------------

Exhibit 10.2
Compeer Financial, PCA
as a Lender

By: /s/ Daniel J. Best
Name: Daniel J. Best
Title: Director, Capital Markets

--------------------------------------------------------------------------------

Exhibit 10.2
THE BANK OF NEW YORK MELLON,
as a Lender

By: /s/ John T. Smathers
Name: John T. Smathers
Title: Director