Exhibit 10.1

FIRST AMENDMENT

THIS FIRST AMENDMENT dated as of July 11, 2013 (this “Amendment”) amends the
Senior Term Loan Agreement (the “Loan Agreement”) dated as of February 2, 2012
among PROLOGIS, L.P., various affiliates thereof, various lenders, BANK OF
AMERICA, N.A., as Administrative Agent, and JPMORGAN CHASE BANK, N.A., as
Syndication Agent. Unless otherwise defined herein, capitalized terms used
herein have the respective meanings set forth in the Credit Agreement.

WHEREAS, in connection with the effectiveness on the date hereof of the Global
Senior Credit Agreement among Prologis, various affiliates thereof, various
lenders and various agents, including Bank of America, N.A., as Global
Administrative Agent (the “New Global Agreement”), the parties to the Loan
Agreement have agreed to amend the references in the Loan Agreement to the
“Global Credit Agreement.”

NOW, THEREFORE, the parties hereto agree as follows:

SECTION 1 AMENDMENTS. Upon the effectiveness hereof, the Credit Agreement shall
be amended as set forth below.

1.1 Definition of Global Credit Agreement. The definition of Global Credit
Agreement is amended in its entirety to read as follows:

“Global Credit Agreement” means the Global Senior Credit Agreement dated as of
July 11, 2013 among Prologis, General Partner, various affiliates thereof,
various lenders and various agents, including Bank of America, as Global
Administrative Agent.

1.2 Conditions to Extension of Maturity Date. Section 3.10.1 is amended in its
entirety to read as follows:

Section 3.10.1 Request for Extension. Not earlier than 180 days or later than 30
days prior to the then-current Maturity Date, Prologis may, upon written notice
to Administrative Agent (which shall promptly notify Lenders) and satisfaction
of the conditions precedent set forth in Section 3.10.2, extend the Maturity
Date for an additional year; provided that the Maturity Date may not be extended
more than three times pursuant to this Section 3.10.

SECTION 2 EFFECTIVENESS. The amendments set forth in Section 1 above shall
become effective on the date on which (a) the Administrative Agent shall have
received confirmation (which may be by facsimile or electronic mail) that each
party hereto has signed a counterpart of this Amendment and (b) the New Global
Agreement has become effective.

SECTION 3 ACKNOWLEDGMENT OF CHANGES TO CONFORMING PROVISIONS. The parties hereto
acknowledge that, in accordance with Section 11.1.2 of the Loan Agreement, all
Conforming Provisions (as defined in such Section 11.1.2) shall be deemed to be
amended to conform to the corresponding provisions of the New Global Agreement.

 

   

First Amendment to Prologis, L.P.

Senior Term Loan Agreement

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

SECTION 4 MISCELLANEOUS.

4.1 Continuing Effectiveness, etc. As herein amended, the Loan Agreement shall
remain in full force and effect and is hereby ratified and confirmed in all
respects. After the effectiveness hereof, all references in the Loan and any
related document to the “Loan Agreement” or similar terms shall refer to the
Loan Agreement as amended hereby.

4.2 Incorporation of Loan Agreement Provisions. The provisions of Sections 11.4
(Expenses; Indemnity; Damage Waiver), 11.14 (GOVERNING LAW; JURISDICTION; ETC.)
and 11.15 (Waiver of Jury Trial) are incorporated herein by reference as if set
forth in full herein, mutatis mutandis.

[Signature pages follow.]

 

  2  

First Amendment to Prologis, L.P.

Senior Term Loan Agreement

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

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective officers thereunto duly authorized as of the day and year
first above written.

 

PROLOGIS, L.P.:

PROLOGIS, L.P.,

a Delaware limited partnership

By:   Prologis, Inc., its sole general partner   By:  

/s/ Phillip D. Joseph, Jr.

    Name:   Phillip D. Joseph, Jr.     Title:   Managing Director & Treasurer

 

Signature Page to First Amendment

(Prologis, L.P. Senior Term Loan Agreement)

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

AGENTS:

BANK OF AMERICA, N.A.,

as Administrative Agent and a Lender

By:  

/s/ Will T. Bowers

  Name:   Will T. Bowers   Title:   Senior Vice President

 

Signature Page to First Amendment

(Prologis, L.P. Senior Term Loan Agreement)

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

JPMORGAN CHASE BANK, N.A.,

as Syndication Agent and a Lender

By:  

/s/ Brendan M. Poe

  Name:   Brendan M. Poe   Title:   Executive Director

 

Signature Page to First Amendment

(Prologis, L.P. Senior Term Loan Agreement)

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

LENDERS:

THE ROYAL BANK OF SCOTLAND plc,

as a Lender

By:  

/s/ James Welch

  Name:   James Welch   Title:   Director

 

Signature Page to First Amendment

(Prologis, L.P. Senior Term Loan Agreement)

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

CITIBANK N.A. as a Lender By:  

/s/ John C. Rowland

  Name:   John C. Rowland   Title:   Vice President

 

Signature Page to First Amendment

(Prologis, L.P. Senior Term Loan Agreement)

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

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH as a Lender By:  

/s/ Bill O’Daly

  Name: Bill O’Daly   Title:   Authorized Signatory By:  

/s/ Michael D’Onofrio

  Name: Michael D’Onofrio   Title:   Authorized Signatory

 

Signature Page to First Amendment

(Prologis, L.P. Senior Term Loan Agreement)

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

DEUTSCHE BANK AG NEW YORK BRANCH, as a Lender By:  

/s/ George R. Reynolds

  Name:   George R. Reynolds   Title:   Director By:  

/s/ Perry Forman

  Name:   Perry Forman   Title:   Director

 

Signature Page to First Amendment

(Prologis, L.P. Senior Term Loan Agreement)

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

HSBC BANK USA, NATIONAL ASSOCIATION, as a Lender By:  

/s/ Janet K. Lee

  Name:   Janet K. Lee   Title:   Vice President

 

Signature Page to First Amendment

(Prologis, L.P. Senior Term Loan Agreement)

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

MORGAN STANLEY MUFG SECURITIES CO., LTD., as a Lender By:  

/s/ Jonathan Kindred

  Name: Jonathan Kindred   Title:   President and CEO

 

Signature Page to First Amendment

(Prologis, L.P. Senior Term Loan Agreement)

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

THE BANK OF NOVA SCOTIA, as a Lender By:  

/s/ Christopher Usas

  Name:   Christopher Usas   Title:   Director

 

Signature Page to First Amendment

(Prologis, L.P. Senior Term Loan Agreement)