Exhibit 10.1

EXECUTION VERSION

SAFEWAY INC.

SECOND AMENDMENT TO CREDIT AGREEMENT

DATED AS OF JUNE 1, 2007

This SECOND AMENDMENT TO CREDIT AGREEMENT dated as of June 1, 2007 (this “Second
Amendment”), is by and among Safeway Inc., a Delaware corporation (“Company”)
and Canada Safeway Limited, an Alberta corporation (“Canada Safeway” and
together with Company, “Borrowers”), Deutsche Bank AG New York Branch, as
administrative agent (the “Administrative Agent”), Banc of America Securities
LLC (“BAS”) and J.P. Morgan Securities Inc. (“JPMSI”, and together with BAS, as
joint lead arrangers, the “Joint Lead Arrangers”), the financial institutions
named on the signature pages hereof (the “Lenders”), Bank of America, N.A.
(“Bank of America”), JPMorgan Chase Bank, National Association (“JPMorgan”),
Citicorp USA, Inc. (“Citicorp”) and BNP Paribas (“BNP Paribas” and, collectively
with Bank of America, JPMorgan and Citicorp, as syndication agents, the
“Co-Syndication Agents”) and U.S. Bank National Association, as documentation
agent (the “Documentation Agent”). Capitalized terms used herein without
definition shall have the same meanings herein as set forth in the Credit
Agreement dated as of June 1, 2005 as amended by the First Amendment to Credit
Agreement dated as of June 15, 2006 (as so amended, and as it may be further
amended or modified from time to time, the “Credit Agreement), by and among
Borrowers, Lenders, Administrative Agent, the Joint Lead Arrangers, the
Co-Syndication Agents and Documentation Agent.

WHEREAS, the existing Termination Date is June 1, 2011;

WHEREAS, Borrowers and the Lenders party hereto desire to extend the Termination
Date for an additional year to June 1, 2012 and amend the Credit Agreement to
provide for two additional one-year extensions of the Termination Date in
accordance with the terms herein;

WHEREAS, Borrowers and the Lenders party hereto desire to amend the pricing
terms of the Credit Agreement as described herein;

AGREEMENT

NOW, THEREFORE, in consideration of the terms and conditions herein contained
and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto agree as follows:

SECTION 1.

DEFINITIONS.

A. Second Amendment Defined Terms. As used herein, the following terms shall
have the following meanings:

“Amended Agreement” has the meaning set forth in Section 3 hereof.

 

   

Second Amendment to

Safeway Credit Agreement

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

“Second Amendment Effective Date” has the meaning set forth in Section 4 hereof.

B. Amended Definitions. The definitions of the following defined terms in
subsection 1.1 of the Credit Agreement are hereby amended by deleting such
definitions in their entirety and substituting the following definitions
therefor:

“Facility Fee Percentage” means, as of any date, the percentage per annum set
forth below that corresponds to the Pricing Level in effect on such date:

 

Pricing Level

  

Facility

Fee Percentage
(in basis points)

Pricing Level A:

   5.00

Pricing Level B:

   6.00

Pricing Level C:

   7.00

Pricing Level D:

   8.00

Pricing Level E:

   10.00

Pricing Level F:

   12.50

Pricing Level G:

   15.00

The Facility Fee Percentage shall change as of the opening of business on any
day that the Pricing Level changes pursuant to the definition of “Pricing
Level.”

“Pricing Level” means as of any date, the higher Pricing Level, whether (in
descending order from the highest Pricing Level to the lowest Pricing Level)
Pricing Level A, Pricing Level B, Pricing Level C, Pricing Level D, Pricing
Level E, Pricing Level F, or Pricing Level G, that corresponds to either
(a) Company’s unsecured senior debt ratings from Fitch, Moody’s and S&P or
(b) Company’s Interest Coverage Ratio as set forth in the most recent effective
Pricing Level Determination Certificate delivered in accordance with the
provisions of subsection 8.1(iv); provided that, notwithstanding anything herein
to the contrary, the applicable Pricing Level shall not be more favorable to a
Borrower than Pricing Level B until the receipt by the Lenders of the Compliance
Certificate and related financial statements required hereunder for the quarter
ending December 29, 2007:

 

  2  

Second Amendment to

Safeway Credit Agreement

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

Pricing Level

  

Debt Ratings/Interest

Coverage Ratio

Pricing Level A:

   (i) better than or equal to at least two of the following three ratings: AA-
or better by Fitch or Aa3 or better by Moody’s or AA- or better by S&P or (ii)
Interest Coverage Ratio of 6.75:1.00 or higher

Pricing Level B:

   (i) better than or equal to at least two of the following three ratings: A+
or better by Fitch or A1 or better by Moody’s or A+ or better by S&P or (ii)
Interest Coverage Ratio of at least 6.25:1.00 but less than 6.75:1.00

Pricing Level C:

   (i) better than or equal to at least two of the following three ratings: A by
Fitch or A2 by Moody’s or A by S&P or (ii) Interest Coverage Ratio of at least
5.75:1.00 but less than 6.25:1.00

Pricing Level D:

   (i) better than or equal to at least two of the following three ratings: A-
by Fitch or A3 by Moody’s or A- by S&P or (ii) Interest Coverage Ratio of at
least 5.25:1.00 but less than 5.75:1.00

Pricing Level E:

   (i) better than or equal to at least two of the following three ratings: BBB+
by Fitch or Baa1 by Moody’s or BBB+ by S&P or (ii) Interest Coverage Ratio of at
least 4.75:1.00 but less than 5.25:1.00

 

  3  

Second Amendment to

Safeway Credit Agreement

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

Pricing Level F:

   (i) better than or equal to at least two of the following three ratings: BBB
by Fitch or Baa2 by Moody’s or BBB by S&P or (ii) Interest Coverage Ratio of at
least 4.25:1.00 but less than 4.75:1.00

Pricing Level G:

   (i) at least two of the following three ratings: Below BBB by Fitch or below
Baa2 by Moody’s or below BBB by S&P or (ii) Interest Coverage Ratio below
4.25:1.00

For the purposes of determining the Pricing Level, a Pricing Level Determination
Certificate shall be deemed effective on the next Business Day following
Administrative Agent’s receipt thereof, and, subject to the foregoing proviso,
the Pricing Level shall change on such Business Day to the extent necessary to
reflect Company’s debt rating and Interest Coverage Ratio as set forth in such
Pricing Level Determination Certificate.

“Pricing Margin” means, as of any date, the Pricing Margin set forth below that
corresponds to the Pricing Level in effect on such date:

 

Pricing Level

   Pricing Margin
(in basis points)

Pricing Level A:

   15.00

Pricing Level B:

   19.00

Pricing Level C:

   23.00

Pricing Level D:

   27.00

Pricing Level E:

   30.00

Pricing Level F:

   37.50

Pricing Level G:

   60.00

The Pricing Margin shall change as of the opening of business on any day that
the Pricing Level changes pursuant to the definition of “Pricing Level.”

“Termination Date” means the later of (a) June 1, 2012 or (b) if the term of
this Agreement is extended pursuant to subsection 2.8, such extended termination
date as determined pursuant to such subsection; provided, however, that, in each
case, if such date is not a Business Day, the next preceding Business Day;
provided further that with respect to any Non-Extending Lender, the Termination
Date of such Non-Extending Lender’s Commitment shall be the Existing Termination
Date notwithstanding the extension of Commitments by any other Lender pursuant
to subsection 2.8.

C. Additional Definitions. Subsection 1.1 of the Credit Agreement is hereby
further amended by adding to such subsection the following definitions which
shall be inserted in proper alphabetical order:

“Additional Commitment Lender” has the meaning assigned to that term in
subsection 2.8.

 

  4  

Second Amendment to

Safeway Credit Agreement

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

“Anniversary Date” has the meaning assigned to that term in subsection 2.8.

“Existing Termination Date” has the meaning assigned to that term in subsection
2.8.

“Extending Lender” has the meaning assigned to that term in subsection 2.8.

“Non-Extending Lender” has the meaning assigned to that term in subsection 2.8.

“Notice Date” has the meaning assigned to that term in subsection 2.8.

“Request Period” has the meaning assigned to that term in subsection 2.8.

“Response Deadline” has the meaning assigned to that term in subsection 2.8.

“Second Amendment Effective Date” means June 1, 2007.

SECTION 2.

OTHER AMENDMENTS TO CREDIT AGREEMENT.

A. Amendments to Section 2: Amounts and Terms of Commitments and Loans.

Section 2 of the Credit Agreement is hereby amended by adding the following
provision as subsection 2.8:

“2.8 Extension of Termination Date.

A. Requests for Extension. Company may, by notice to Administrative Agent, given
not earlier than 60 days prior to each of the first and second anniversaries of
the Second Amendment Effective Date (each such anniversary being referred to
herein as an “Anniversary Date” and each such 60 day period prior to an
Anniversary Date being referred to herein as a “Request Period”), request that
each Lender, effective as of the first or second Anniversary Date, as the case
may be, extend its Commitment beyond the Termination Date then in effect (the
“Existing Termination Date”) for an additional one-year period from the Existing
Termination Date; provided that no more than one such request may be made during
each Request Period. Administrative Agent shall promptly notify each Lender of
Company’s request for such extension (the date such notice is given being
referred to herein as the “Notice Date”).

B. Lender Elections to Extend. Each Lender, acting in its sole discretion,
shall, by notice to Administrative Agent given not later than 30 days following
the Notice Date (the “Response Deadline”), advise Administrative Agent whether
or not such

 

  5  

Second Amendment to

Safeway Credit Agreement

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

Lender agrees to such extension (each such Lender that determines not to so
extend its Commitment being referred to as a “Non-Extending Lender”). Any Lender
that does not so advise Administrative Agent on or before the Response Deadline
shall be deemed to be a Non-Extending Lender. The election of any Lender to
agree to such extension of the Termination Date shall not obligate any other
Lender to so agree.

C. Notification by Administrative Agent. Administrative Agent shall notify
Company of each Lender’s determination under this subsection 2.8 no later than
the 5th Business Day after the Response Deadline.

D. Additional Commitment Lenders. Company shall have the right on or before the
related Anniversary Date to replace each Non-Extending Lender with, and add as
“Lenders” under this Agreement in place thereof, one or more Eligible Assignees
(each, an “Additional Commitment Lender”) as provided in subsection 13.1,
provided that each such Additional Commitment Lender shall enter into an
Assignment and Assumption Agreement pursuant to which such Additional Commitment
Lender shall undertake a Commitment (and, if any such Additional Commitment
Lender is already a Lender, its Commitment shall be in addition to such Lender’s
Commitment hereunder on such date).

E. Minimum Extension Requirement. If (and only if) the total of the Commitments
of the Lenders that have agreed to so extend the Termination Date (each, an
“Extending Lender”) and the Commitments of the Additional Commitment Lenders
shall be more than 51% of the aggregate amount of the Commitments in effect
immediately prior to the related Anniversary Date, then, effective as of the
related Anniversary Date (but subject to the prior satisfaction of the
conditions set forth in subsection 2.8F below), the Termination Date of this
Agreement and the Termination Date with respect to the Commitments of each
Extending Lender and of each Additional Commitment Lender shall be extended to
the date falling one year after the Existing Termination Date (except that, if
such date is not a Business Day, such Termination Date as so extended shall be
the next preceding Business Day) and each Additional Commitment Lender shall
thereupon become a “Lender” for all purposes of this Agreement. Notwithstanding
anything herein to the contrary, the Commitment of each Non-Extending Lender
shall remain in full force and effect until and shall terminate on the Existing
Termination Date for such Non-Extending Lender, unless such Non-Extending Lender
is replaced prior to the related Anniversary Date by an Additional Commitment
Lender as provided in subsection 2.8D above.

F. Conditions to Effectiveness of Extensions. Notwithstanding the foregoing, the
extension of the Termination Date pursuant to this subsection 2.8 shall not be
effective with respect to any Lender unless:

(i) no event shall have occurred and be continuing or would result from the
extension of the Termination Date that would constitute an Event of Default or a
Potential Event of Default on the date of such extension; and

 

  6  

Second Amendment to

Safeway Credit Agreement

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

(ii) the representations and warranties contained herein and in the other Loan
Documents shall be true, correct and complete in all material respects on and as
of the date of such extension and after giving effect thereto, to the same
extent as though made on and as of that date, except to the extent that such
representations and warranties specifically relate to an earlier date, in which
case, such representations and warranties shall be true, correct and complete in
all material respects on and as of such earlier date.

G. Payment of Non-Extending Lenders. On the effective date of any extension of
the Termination Date hereunder, Borrowers shall prepay any Loans outstanding on
such date (and pay any additional amounts required pursuant to subsections 2.3.
2.6D or 5.1) to the extent necessary to keep outstanding Loans ratable with any
revised pro rata allocation of the Commitments of the respective Lenders
effective as of such date.

H. Conflicting Provisions. This subsection shall supersede any provisions in
subsection 13.6 to the contrary.”

B. Amendments to Section 5: Increased Costs, Taxes, Capital Adequacy and
Mitigation.

Subsection 5.3 of the Credit Agreement is hereby amended by adding the following
clause after “any such Lender being referred to herein as a “Defaulting
Lender”),” and before “(x) such Borrower” in the seventh line of such
subsection:

“or if any Lender is a Non-Extending Lender in respect of any extension of the
Termination Date,”

SECTION 3.

REPRESENTATIONS AND WARRANTIES.

In order to induce Lenders to enter into this Second Amendment and to amend the
Credit Agreement in the manner provided herein, Borrowers represent and warrant
to each Lender, as of the Second Amendment Effective Date, that the following
statements are true, correct and complete:

A. Corporate Power and Authority. Borrowers have all requisite corporate power
and authority to enter into this Second Amendment and to carry out the
transactions contemplated by the Credit Agreement, as amended by this Second
Amendment (the “Amended Agreement”).

B. Authorization of Agreements. The execution and delivery of this Second
Amendment and the performance of the Amended Agreement have been duly authorized
by all necessary corporate action on the part of Borrowers.

 

  7  

Second Amendment to

Safeway Credit Agreement

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

C. No Conflict. The execution and delivery by Borrowers of this Second Amendment
and the performance by Borrowers of the Amended Agreement do not and will not
(i) violate any provision of any law or any governmental rule or regulation
applicable to Borrowers, the Certificate or Articles of Incorporation or Bylaws
of Borrowers or any order, judgment or decree of any court or other agency of
government binding on Borrowers, (ii) conflict with, result in a material breach
of or constitute (with due notice or lapse of time or both) a default under any
Contractual Obligation of Borrowers, (iii) result in or require the creation or
imposition of any Lien upon any of the properties or assets of Borrowers, or
(iv) require any approval of stockholders or any approval or consent of any
Person under any Contractual Obligation of Borrowers, except for such approvals
or consents which will be obtained on or before the Second Amendment Effective
Date.

D. Governmental Consents. The execution and delivery by Borrowers of this Second
Amendment and the performance by Borrowers of the Amended Agreement do not and
will not require Borrowers to make or obtain any registration with, consent or
approval of, or notice to, or other action to, with or by, any United States or
Canadian Governmental Authority.

E. Binding Obligation. This Second Amendment has been duly executed and
delivered by Borrowers and this Second Amendment and the Amended Agreement are
the legally valid and binding obligations of Borrowers, enforceable against
Borrowers in accordance with their respective terms, except as may be limited by
bankruptcy, insolvency, reorganization, moratorium or similar laws relating to
or limiting creditors’ rights generally or by equitable principles relating to
enforceability.

F. Incorporation of Representations and Warranties From Credit Agreement. The
representations and warranties contained in Section 7 of the Credit Agreement
are and will be true, correct and complete in all material respects to the same
extent as though made on and as of the Second Amendment Effective Date, except
to the extent such representations and warranties specifically relate to an
earlier date, in which case they were true, correct and complete in all material
respects on and as of such earlier date.

G. Absence of Default. No event has occurred and is continuing or will result
from the consummation of the transactions contemplated by this Second Amendment
that would constitute an Event of Default or a Potential Event of Default.

SECTION 4.

CONDITIONS TO EFFECTIVENESS.

This Second Amendment shall become effective upon the satisfaction of all of the
following conditions precedent, in form and substance satisfactory to the Joint
Lead Arrangers (the “Second Amendment Effective Date”):

(i) On or before the Second Amendment Effective Date, Borrowers shall have
delivered to the Joint Lead Arrangers resolutions of the Board of Directors of
each Borrower authorizing and approving the execution, delivery and performance
of this Second Amendment, in each case certified by the corporate secretary or
an assistant secretary of such Borrower, as the case may be, as of the Second
Amendment Effective Date;

 

  8  

Second Amendment to

Safeway Credit Agreement

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

(ii) On or before the Second Amendment Effective Date, Borrowers shall have
delivered to the Joint Lead Arrangers a certificate of the corporate secretary
or an assistant secretary of each Borrower which shall certify, as of the Second
Amendment Effective Date, the names and offices of the officers of each Borrower
authorized to sign this Second Amendment;

(iii) On or before the Second Amendment Effective Date, Borrowers shall have
delivered to the Joint Lead Arrangers a certificate of the corporate secretary
or an assistant secretary of each Borrower which shall (i) certify, as of the
Second Amendment Effective Date, that there have been no changes to the
Certificate of Incorporation and Bylaws delivered by such Borrower on the
Closing Date, or (ii) attach current copies of the Certificate of Incorporation
or Bylaws if they have been amended since the Closing Date; and

(iv) On or before the Second Amendment Effective Date, Borrowers shall have
delivered to the Joint Lead Arrangers a counterpart hereof executed by a duly
authorized officer of each Borrower and each Lender.

SECTION 5.

LIMITATION OF AMENDMENTS.

Without limiting the generality of the provisions of subsection 13.6 of the
Credit Agreement, the consent and the amendments set forth above shall be
limited precisely by their terms, shall not have any force or effect with
respect to any other matter except as expressly provided above, and nothing in
this Second Amendment shall be deemed to:

(i) constitute a waiver or modification of any other term, provision or
condition of the Credit Agreement or any other instrument or agreement referred
to therein; or

(ii) prejudice any right or remedy that Administrative Agent or any Lender may
now have or may have in the future under or in connection with the Credit
Agreement or any other instrument or agreement referred to therein.

Except as expressly set forth herein, the terms, provisions and conditions of
the Credit Agreement and the other Loan Documents shall remain in full force and
effect and in all other respects are hereby ratified and confirmed.

 

  9  

Second Amendment to

Safeway Credit Agreement

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

SECTION 6.

MISCELLANEOUS.

A. Reference To and Effect on the Credit Agreement and the Loan Documents.

(i) On and after the Second Amendment Effective Date, each reference in the
Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words
of like import referring to the Credit Agreement, and each reference in the
other Loan Documents to the “Credit Agreement”, “thereunder”, “thereof” or words
of like import referring to the Credit Agreement shall mean and be a reference
to the Amended Agreement.

(ii) Except as specifically amended by this Second Amendment, the Credit
Agreement and the other Loan Documents shall remain in full force and effect and
are hereby ratified and confirmed.

(iii) The execution, delivery and performance of this Second Amendment shall
not, except as expressly provided herein, constitute a waiver of any provision
of, or operate as a waiver of any right, power or remedy of any Agent or any
Lender under, the Credit Agreement or any of the other Loan Documents.

B. Fees and Expenses. Borrowers acknowledge that all costs, fees and expenses as
described in subsection 13.2 of the Credit Agreement incurred by Administrative
Agent and its counsel with respect to this Second Amendment and the documents
and transactions contemplated hereby shall be for the account of Company.

C. Headings. Section and subsection headings in this Second Amendment are
included herein for convenience of reference only and shall not constitute a
part of this Second Amendment for any other purpose or be given any substantive
effect.

D. Applicable Law. THIS SECOND AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING WITHOUT
LIMITATION SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW
YORK), WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES.

E. Counterparts; Effectiveness. This Second Amendment may be executed in any
number of counterparts and by different parties hereto in separate counterparts,
each of which when so executed and delivered shall be deemed an original, but
all such counterparts together shall constitute but one and the same instrument;
signature pages may be detached from multiple separate counterparts and attached
to a single counterpart so that all signature pages are physically attached to
the same document. This Second Amendment shall become effective upon the
execution of a counterpart hereof by Borrowers, and all Lenders, and receipt by
Borrowers and Administrative Agent of written or telephonic notification of such
execution and authorization of delivery thereof.

 

  10  

Second Amendment to

Safeway Credit Agreement

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

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

BORROWERS:

SAFEWAY INC.

By:

 

/s/ Bradley S. Fox

Name:

  Bradley S. Fox

Title:

  Vice President & Treasurer CANADA SAFEWAY LIMITED

By:

 

/s/ Bradley S. Fox

Name:

  Bradley S. Fox

Title:

  Vice President & Treasurer

 

   

Second Amendment to

Safeway Credit Agreement

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

DEUTSCHE BANK AG NEW YORK BRANCH, as Administrative Agent, Domestic Lender, and
Swing Line Lender By:  

/s/ Frederick W. Laird

Name:   Frederick W. Laird Title:   Managing Director By:  

/s/ Heidi Sandquist

Name:   Heidi Sandquist Title:   Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

BANC OF AMERICA SECURITIES LLC, as Joint Lead Arranger By:  

/s/ Peter C. Hall

Name:   Peter C. Hall Title:   Managing Director

 

   

Second Amendment to

Safeway Credit Agreement

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

J.P. MORGAN SECURITIES INC., as Joint Lead Arranger By:  

/s/ William Carney

Name:   William Carney Title:   Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

BANK OF AMERICA, N.A., as Domestic Lender, Co-Syndication Agent and Swing Line
Lender By:  

/s/ Thomas J. Kane

Name:   Thomas J. Kane Title:   Senior Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, as Domestic Lender, Co-Syndication
Agent and Swing Line Lender By:  

/s/ Christine Herrick

Name:   Christine Herrick Title:   Vice President   JPMorgan Chase Bank, NA

 

   

Second Amendment to

Safeway Credit Agreement

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

CITICORP USA, INC.,

as Domestic Lender and Co-Syndication Agent

By:

 

/s/ Marc C. Merlino

Name:

  Marc C. Merlino

Title:

  Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

BNP PARIBAS,

as Domestic Lender and Co-Syndication Agent

By:

 

/s/ Pierre-Nicholas Rogers

Name:

  Pierre-Nicholas Rogers

Title:

  Managing Director

By:

 

/s/ Jamie Dillon

Name:

  Jamie Dillon

Title:

  Managing Director

 

   

Second Amendment to

Safeway Credit Agreement

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

U.S. BANK NATIONAL ASSOCIATION, as Domestic Lender and Documentation Agent By:  

/s/ Conan Schleicher

Name:   Conan Schleicher Title:   Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

AGFIRST FARM CREDIT BANK, as Domestic Lender By:  

/s/ John W. Burnside, Jr.

Name:   John W. Burnside, Jr. Title:   Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

BARCLAYS BANK PLC, as Domestic Lender By:  

/s/ Esther Carr

Name:   Esther Carr Title:   Manager

 

   

Second Amendment to

Safeway Credit Agreement

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

Chang Hwa Commercial Bank, Ltd., New York, as Domestic Lender By:  

/s/ Jim C.Y. Chen

Name:   Jim C.Y. Chen Title:   VP & General Manager

 

   

Second Amendment to

Safeway Credit Agreement

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

CIBC Inc., as Domestic Lender By:  

/s/ Dominic J. Sorresso

Name:   Dominic J. Sorresso Title:   Executive Director CIBC World Markets Corp.
Authorized Signatory

 

   

Second Amendment to

Safeway Credit Agreement

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

CREDIT SUISSE, Cayman Islands Branch, as Domestic Lender By:  

/s/ Cassandra Droogan

Name:   Cassandra Droogan Title:   Vice President By:  

/s/ Laurence Lapeyre

Name:   Laurence Lapeyre Title:   Associate

 

   

Second Amendment to

Safeway Credit Agreement

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

FIRST HAWAIIAN BANK,

as Domestic Lender

By:

 

/s/ Lisa A. Tomihama

Name:

  Lisa A. Tomihama

Title:

  Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

Manufacturers and Traders Trust Company,

as Domestic Lender

By:

 

/s/ Heather Musick

Name:

  Heather Musick

Title:

  Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

MERRILL LYNCH BANK USA,

as Domestic Lender

By:

 

/s/ David Millett

Name:

  David Millett

Title:

  Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

MORGAN STANLEY BANK,

as Domestic Lender

By:

 

/s/ Daniel Twenge

Name:

  Daniel Twenge

Title:

  Authorized Signatory   Morgan Stanley Bank

 

   

Second Amendment to

Safeway Credit Agreement

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

The Northern Trust Company,

as Domestic Lender

By:

 

/s/ Anu Agarwal

Name:

  Anu Agarwal

Title:

  Second Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

COÖPERATIEVE CENTRALE RAIFFEISEN-

BOERENLEENBANK B.A. “RABOBANK

INTERNATIONAL” NEW YORK BRANCH,

as Domestic Lender

By:

 

/s/ Eric Baymiller

Name:

  Eric Baymiller

Title:

  Executive Director

By:

 

/s/ Rebecca O. Morrow

Name:

  Rebecca O. Morrow

Title:

  Executive Director

 

   

Second Amendment to

Safeway Credit Agreement

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

THE BANK OF NEW YORK,

as Domestic Lender

By:

 

/s/ Randolph E.J. Medrano

Name:

  Randolph E.J. Medrano

Title:

  Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

The Royal Bank of Scotland plc

as Domestic Lender

By:

 

/s/ Belinda Tucker

Name:

  Belinda Tucker

Title:

  Senior Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

TORONTO DOMINION BANK (TEXAS) LLC,

as Domestic Lender

By:

 

/s/ Debbi L. Brito

Name:

  Debbie L. Brito

Title:

  Authorized Signatory

Toronto Dominion Bank (Texas) LLC

Royal Trust Tower

77 King Street W., 18th Floor

Toronto, Ontario M5K 1A2

Telecopy 416-983-1708

Attention: Tara Harripaul

 

   

Second Amendment to

Safeway Credit Agreement

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

UBS Loan Finance LLC, as Domestic Lender

By:

 

/s/ Irja R. Otsa

Name:

  Irja R. Otsa

Title:

  Associate Director, Banking Products Services, US

By:

 

/s/ Mary E. Evans

Name:

  Mary E. Evans

Title:

  Associate Director, Banking Products Services, US

 

   

Second Amendment to

Safeway Credit Agreement

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

UNION BANK OF CALIFORNIA, N.A., as Domestic Lender

By:

 

/s/ Marissa Petri

Name:

  Marissa Petri

Title:

  Investment Banking Officer

 

   

Second Amendment to

Safeway Credit Agreement

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

Wachovia Bank, National Association, as Domestic Lender

By:

 

/s/ Anthony D. Braxton

Name:

  Anthony D. Braxton

Title:

  Director

 

   

Second Amendment to

Safeway Credit Agreement

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

Wells Fargo Bank N.A., as Domestic Lender

By:

 

/s/ Meggie Chichioco

Name:

  Meggie Chichioco

Title:

  Senior Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

WILLIAM STREET COMMITMENT
CORPORATION (Recourse only to assets of William Street
Commitment Corporation), as Domestic Lender

By:

 

/s/ Mark Walton

Name:

  Mark Walton

Title:

  Assistant Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

DEUTSCHE BANK AG, CANADA BRANCH, as Swing Line Lender and Canadian Lender By:  

/s/ Robert A. Johnston

Name:   Robert A. Johnston Title:   Vice President By:  

/s/ Marcellus Leung

Name:   Marcellus Leung Title:   Assistant Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

BANK OF AMERICA, N.A. (CANADA BRANCH), as Canadian Lender By:  

/s/ Medina Sales De Andrade

Name:   Medina Sales De Andrade Title:   Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

JPMORGAN CHASE BANK, N.A., TORONTO BRANCH as Canadian Lender By:  

/s/ Drew McDonald

Name:   Drew McDonald Title:   Executive Director

 

   

Second Amendment to

Safeway Credit Agreement

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

BANK OF MONTREAL, as Canadian Lender By:  

/s/ Joseph W. Linder

Name:   Joseph W. Linder Title:   Vice President

 

   

Second Amendment to

Safeway Credit Agreement

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

Canadian Imperial Bank of Commerce,

as Canadian Lender By:  

/s/ Ian MacInnis

Name:   Ian MacInnis, CMA Title:   Senior Director and Team Lender   Authorized
Signatory By:  

/s/ Brian Hierath

Name:   Brian Hierath Title:   Director   Authorized Signatory

 

   

Second Amendment to

Safeway Credit Agreement

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

Toronto Dominion Bank, as Canadian Lender By:  

/s/ Debbi L. Brito

Name:   Debbi L. Brito Title:   Authorized Signatory Notice Address: Toronto
Dominion Bank Royal Trust Tower 77 King St. W., 18th Floor Toronto, Ontario M5K
1A2 Telecopy 416-983-1708 Attention: Tara Harripaul

 

   

Second Amendment to

Safeway Credit Agreement