EXHIBIT 10.1

 

AMENDMENT NO. 3

 

AMENDMENT NO. 3 (this “Amendment”), dated as of June 29, 2005, under the 364-Day
Credit Agreement, dated as of July 10, 2002, among Kohl’s Corporation (the
“Borrower”), the Lenders party thereto, Bank One, NA, as Syndication Agent, U.S.
Bank, National Association, Wachovia Bank, National Association and Fleet
National Bank, as Co-Documentation Agents, and The Bank of New York, as the
Administrative Agent, as modified by (i) Extension No. 1, Waiver No. 1 And
Amendment No. 1, dated as of June 30, 2003 and (ii) Extension No. 2 and
Amendment No. 2, dated as of June 22, 2004 (as amended, supplemented or
otherwise modified from time to time, the “364-Day Credit Agreement”).

 

RECITALS

 

I. Capitalized terms used herein and not defined herein shall have the meanings
assigned to such terms in the 364-Day Credit Agreement.

 

II. The Revolving Credit Commitment Expiration Date, without giving effect to
this Amendment, is July 8, 2005. The Borrower has requested that the Lenders
agree to amend the Revolving Credit Commitment Expiration Date from July 8, 2005
to October 7, 2005.

 

Accordingly, in consideration of the Recitals and the terms and conditions
hereinafter set forth, and for other good and valuable consideration, the
receipt and adequacy of which are acknowledged, the parties hereto agree as
follows:

 

1. The definition of “Revolving Credit Commitment Expiration Date” contained in
Section 1.1 of the Credit Agreement is hereby amended by replacing the reference
to “July 8, 2005” with “October 7, 2005”.

 

2. Paragraph 1 hereof shall not be effective until such time as the following
conditions are satisfied:

 

(a) on or before the existing Revolving Credit Commitment Expiration Date, the
Administrative Agent shall have received this Amendment duly executed by (i) the
Borrower, and (ii) all Lenders; and

 

(b) the Administrative Agent shall have received such certificates, legal
opinions and other documents as it shall reasonably request in connection
herewith.

 

3. The Borrower (a) reaffirms and admits the validity and enforceability of each
Loan Document and all of its obligations thereunder, (b) agrees and admits that
it has no defense to or offset against any such obligation, and (c) represents
and warrants that, as of the date of the execution and delivery hereof by the
Borrower, no Default has occurred and is continuing.

 

4. In all other respects, the Loan Documents shall remain in full force and
effect, and no waiver, consent, amendment or extension in respect of any term or
condition of any Loan Document shall be deemed to be a waiver, consent,
amendment or extension in respect of any other term or condition contained in
any Loan Document.

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5. This Amendment may be executed in any number of counterparts all of which,
when taken together, shall constitute one agreement. In making proof of this
Amendment, it shall only be necessary to produce the counterpart executed and
delivered by the party to be charged.

 

6. THIS AMENDMENT IS BEING EXECUTED AND DELIVERED IN, AND IS INTENDED TO BE
PERFORMED IN, THE STATE OF NEW YORK AND SHALL BE CONSTRUED AND ENFORCEABLE IN
ACCORDANCE WITH, AND BE GOVERNED BY, THE INTERNAL LAWS OF THE STATE OF NEW YORK.

 

2

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 3 to be
duly executed and delivered by their proper and duly authorized persons as of
the day and year first above written.

 

KOHL’S CORPORATION By:  

/s/ Wes McDonald

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Name:   Wes McDonald Title:   EVP-CFO

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

THE BANK OF NEW YORK, individually

and as Administrative Agent

By:  

/s/ William M. Barnum

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Name:   William M. Barnum Title:   Vice President

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

U.S. BANK, NATIONAL ASSOCIATION By:  

/s/ Timothy J. Santarius

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Name:   Timothy J. Santarius Title:   AVP

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

JPMORGAN CHASE BANK, NA By:  

/s/ Barry Bergman

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Name:   Barry Bergman Title:   Managing Director

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

WACHOVIA BANK, NATIONAL ASSOCIATION By:  

/s/ Anthony D. Braxton

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Name:   Anthony D. Braxton Title:   Director

 

 

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

MORGAN STANLEY BANK By:  

/s/ Daniel Twenge

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Name:   Daniel Twenge Title:   Vice President

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

COMERICA BANK By:  

/s/ Heather A. Whiting

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Name:   Heather A. Whiting Title:   Account Officer

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

FIFTH THIRD BANK By:  

/s/ Ann – Drea Burns

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Name:   Ann – Drea Burns Title:   AVP

 

 

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

M&I BANK By:  

/s/ Leo D. Freeman

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Name:   Leo D. Freeman Title:   Vice President

By:

 

/s/ James R. Miller

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Name:

  James R. Miller

Title:

  Vice President

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

MERRILL LYNCH BANK USA By:  

/s/ Louis Alder

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Name:   Louis Alder Title:   Director

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

UNION BANK OF CALIFORNIA, N.A. By:  

/s/ Ching Lim

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Name:   Ching Lim Title:   Vice President

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

WELLS FARGO BANK, NATIONAL ASSOCIATION By:  

/s/ Mark H. Halldorson

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Name:   Mark H. Halldorson Title:   Vice President

By:

 

/s/ James D. Heinz

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Name:

  James D. Heinz

Title:

  Senior Vice President

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

NATIONAL CITY BANK By:  

/s/ Brian T. Strayton

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Name:   Brian T. Strayton Title:   Senior Vice President

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

THE NORTHERN TRUST COMPANY By:  

/s/ Roger McDougal

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Name:   Roger McDougal Title:   Vice President

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

THE HUNTINGTON NATIONAL BANK By:  

/s/ Steven P. Clemens

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Name:   Steven P. Clemens Title:   Vice President

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KOHL’S CORPORATION

 

AMENDMENT NO. 3

 

UMB BANK, N.A. By:  

/s/ Robert P. Elbert

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Name:   Robert P. Elbert Title:   Senior Vice President