Exhibit 10.1

 
 
FOURTH AMENDMENT TO FIRST AMENDED AND RESTATED LOAN AGREEMENT
Fourth Amendment to First Amended and Restated Loan Agreement, dated the 29th
day of May, 2015, by and among Matthews International Corporation, a
Pennsylvania corporation (the "Borrower"), the Banks (as defined in the Loan
Agreement (as hereinafter defined)), Citizens Bank of Pennsylvania, a
Pennsylvania banking institution, in its capacity as administrative agent for
the Banks (in such capacity, the "Agent"), and PNC Bank, National Association, a
national banking association, in its capacity as syndication agent for the Banks
(in such capacity, the "Syndication Agent") (this "Fourth Amendment").
W I T N E S S E T H:
WHEREAS, pursuant to that certain First Amended and Restated Loan Agreement,
dated July 18, 2013, by and among the Borrower, the Banks party thereto, the
Agent, and the Syndication Agent, as amended by that certain: (i) First
Amendment to First Amended and Restated Loan Agreement, dated July 29, 2014, by
and among the Borrower, the Banks party thereto, the Agent, and the Syndication
Agent; (ii) Second Amendment to First Amended and Restated Loan Agreement, dated
July 29, 2014, by and among the Borrower, the Banks party thereto, the Agent,
and the Syndication Agent; and (iii) Third Amendment to First Amended and
Restated Loan Agreement, dated September 15, 2014, by and among the Borrower,
the Banks party thereto, the Agent, and the Syndication Agent (as may be further
amended, modified, supplemented or restated from time to time, the "Loan
Agreement"), the Banks agreed, among other things, to extend a revolving credit
facility to the Borrower in an aggregate principal amount not to exceed Nine
Hundred Million and 00/100 Dollars ($900,000,000.00);
WHEREAS, the Borrower desires to amend certain provisions of the Loan Agreement,
and the Banks and Agent and shall permit such amendments pursuant to the terms
and conditions set forth herein.
NOW, THEREFORE, in consideration of the premises contained herein and other
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intending to be legally bound hereby, the parties hereto agree
as follows:
1.            All capitalized terms used herein which are defined in the Loan
Agreement shall have the same meaning herein as in the Loan Agreement unless the
context clearly indicates otherwise.
2.            Section 6.06(iii)(D) of the Loan Agreement is hereby deleted in
its entirety and in its stead is inserted the following:
(D)            [RESERVED.]
3.            The provisions of Section 2 of this Fourth Amendment shall not
become effective until the Agent has received the following, each in form and
substance acceptable to the Agent:

(a) this Fourth Amendment, duly executed by the Borrower and the Majority Banks;
and

(b) such other documents as may be reasonably requested by the Agent.

 

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4.            The Borrower hereby reconfirms and reaffirms all representations
and warranties, agreements and covenants made by and pursuant to the terms and
conditions of the Loan Agreement, except as such representations and warranties,
agreements and covenants may have heretofore been amended, modified or waived in
writing in accordance with the Loan Agreement, and except any such
representations or warranties made as of a specific date or time, which shall
have been true and correct in all material respects as of such date or time.
5.            The Borrower acknowledges and agrees that each and every document,
instrument or agreement which at any time has secured payment of the Borrower's
Indebtedness under the Loan Agreement including, but not limited to, (i) the
Loan Agreement and (ii) the Guaranty Agreements continue to secure prompt
payment when due of the Borrower's Indebtedness under the Loan Agreement.
6.            The Borrower hereby represents and warrants to the Banks and the
Agent that (i) the Borrower has the legal power and authority to execute and
deliver this Fourth Amendment; (ii) the officers of the Borrower executing this
Fourth Amendment have been duly authorized to execute and deliver the same and
bind the Borrower with respect to the provisions hereof; (iii) the execution and
delivery hereof by the Borrower and the performance and observance by the
Borrower of the provisions hereof and of the Loan Agreement and all documents
executed or to be executed therewith, do not violate or conflict with the
organizational documents of the Borrower or any Law applicable to the Borrower
or result in a breach of any provision of or constitute a default which would
have a Material Adverse Effect under any other agreement, instrument or document
binding upon or enforceable against the Borrower and (iv) this Fourth Amendment,
the Loan Agreement and the documents executed or to be executed by the Borrower
in connection herewith or therewith constitute valid and binding obligations of
the Borrower in every respect, enforceable in accordance with their respective
terms.
7.            The Borrower represents and warrants that (i) no Event of Default
exists under the Loan Agreement, nor will any occur as a result of the execution
and delivery of this Fourth Amendment or the performance or observance of any
provision hereof; (ii) except as amended pursuant to this Fourth Amendment, the
Schedules attached to and made part of the Loan Agreement are true and correct
as of the date hereof in all material respects and there are no material
modifications or supplements thereto; and (iii) it presently has no claims or
actions of any kind at law or in equity against the Banks or the Agent arising
out of or in any way relating to the Loan Agreement or the other Loan Documents.
8.            Each reference to the Loan Agreement that is made in the Loan
Agreement or any other document executed or to be executed in connection
therewith shall hereafter be construed as a reference to the Loan Agreement as
amended hereby.
9.            The agreements contained in this Fourth Amendment are limited to
the specific agreements made herein.  Except as amended hereby, all of the terms
and conditions of the Loan Agreement shall remain in full force and effect. 
This Fourth Amendment amends the Loan Agreement and is not a novation thereof.
10.            This Fourth Amendment may be executed in any number of
counterparts and by the different parties hereto on separate counterparts each
of which, when so executed, shall be deemed an original, but all such
counterparts shall constitute but one and the same instrument.
11.            This Fourth Amendment shall be governed by, and shall be
construed and enforced in accordance with, the Laws of the Commonwealth of
Pennsylvania without regard to the principles or the conflicts thereof.  The
Borrower hereby consents to the jurisdiction and venue of the Court of Common
Pleas of Allegheny County, Pennsylvania and the United States District Court for
the Western District of Pennsylvania with respect to any suit arising out of or
mentioning this Fourth Amendment.
[INTENTIONALLY LEFT BLANK]

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202754247

IN WITNESS WHEREOF, and intending to be legally bound, the parties hereto, have
caused this Fourth Amendment to be duly executed, as a document under seal, by
their duly authorized officers on the day and year first above written.
ATTEST
 
 
By:                                                                                    
Name:                                                                                    
Title:                                                                                    
Matthews International Corporation
 
 
By:___________________________________
Name: ________________________________
Title:   ________________________________
 
 
Citizens Bank of Pennsylvania, as Agent and for itself as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
PNC Bank, National Association, as Syndication Agent and for itself as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
Wells Fargo Bank, National Association., as Co-Documentation Agent and for
itself as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
HSBC Bank USA, National Association, as Co-Documentation Agent and for itself as
a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
JPMorgan Chase Bank, N.A., as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
Bank of America, N.A., as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
Fifth Third Bank, an Ohio banking corporation, as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
SunTrust Bank, as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
The Huntington National Bank, as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
TD Bank, N.A., as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
MUFG Union Bank, N.A. f/k/a Union Bank, N.A., as a Bank
 
 
By:___________________________________
Name:  Carlos Cruz
Title:    Vice President
 
 
First National Bank of Pennsylvania, as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
The Northern Trust Company, as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________
 
 
First Commonwealth Bank, as a Bank
 
 
By:___________________________________
Name:  _______________________________
Title:  ________________________________

202754247