Exhibit 10.1
 
 
AMENDMENT NO. 3
 
This AMENDMENT NO. 3, dated as of February 26, 2010 (this “Amendment”), of that
certain Credit Agreement referenced below is by and among MILLIPORE CORPORATION,
a Massachusetts corporation (the “Company”), the other Credit Parties identified
on the signature pages hereto, BANK OF AMERICA, N.A., as Administrative Agent
for and on behalf of the Lenders, and the Lenders identified on the signature
pages hereto. Capitalized terms used but not otherwise defined herein shall have
the meanings provided in the Credit Agreement.
 
WITNESSETH
 
WHEREAS, a €465 million revolving credit facility has been established in favor
of the Company and certain of its subsidiaries pursuant to the terms of that
certain Credit Agreement dated as of December 15, 2005, as amended (as further
amended, restated, increased, supplemented or otherwise modified from time to
time, the “Credit Agreement”) among (i) the Company, as domestic borrower, (ii)
Millipore Ireland B.V., a limited liability company existing under the laws of
the Netherlands, Millipore Cork, an unlimited company existing under the laws of
Ireland, Millipore SAS, a limited liability company existing under the laws of
France, as foreign borrowers, (iii) the Company and certain of its subsidiaries,
as guarantors, (iv) the lenders identified therein, and (v) Bank of America,
N.A., as administrative agent;
 
WHEREAS, the Company has requested that the Lenders agree to amend the Credit
Agreement in the manner set forth herein; and
 
WHEREAS, the Lenders party hereto have agreed to the requested amendment on the
terms and conditions set forth herein.
 
NOW, THEREFORE, in consideration of these premises and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties agree as follows:
 
SECTION 1. Amendment to Credit Agreement. Subject to the terms and conditions
set forth herein, the definition of the term “Change of Control” set forth in
Section 1.01 (Definitions) of the Credit Agreement is hereby amended by deleting
“, or shall have acquired by contract or otherwise, or shall have entered into a
contract or arrangement that, upon consummation, will result in its or their
acquisition of or control over,”.
 
SECTION 2. Conditions Precedent. This Amendment shall become effective upon
receipt by the Administrative Agent of executed copies of the signature pages to
this Amendment from the Company, the Administrative Agent, the Required Lenders,
and the other Credit Parties party hereto.  The Administrative Agent will
promptly notify the Company and the Lenders when the conditions to the
effectiveness of the amendment provisions of Section 1 of this Amendment have
been met and will confirm that those provisions are effective.  The provisions
of Section 1 shall not be effective until the Administrative Agent shall have
given such confirmation.
 
 

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SECTION 3. Representations and Warranties; Defaults. The Credit Parties affirm
the following:
 
(a) all necessary action to authorize the execution, delivery and performance of
this Amendment has been taken;
 
(b) after giving effect to this Amendment, the representations and warranties
set forth in the Credit Agreement and the other Credit Documents are true and
correct in all material respects as of the date hereof (except those which
expressly relate to an earlier period); and
 
(c) immediately before and immediately after giving effect to this Amendment, no
Default or Event of Default shall exist
 
SECTION 4. Full Force and Effect. Except as modified hereby, all of the terms
and provisions of the Credit Agreement and the other Credit Documents (including
schedules and exhibits thereto) shall remain in full force and effect.
 
SECTION 5. Expenses. The Borrower agrees to pay all reasonable out-of-pocket
costs and expenses of the Administrative Agent in connection with the
preparation, execution and delivery of this Amendment, including the reasonable
fees and expenses of counsel to the Administrative Agent.
 
SECTION 6. Counterparts. This Amendment may be executed in any number of
counterparts, each of which when so executed and delivered shall be deemed an
original, and it shall not be necessary in making proof of this Amendment to
produce or account for more than one such counterpart.  Delivery by any party
hereto of an executed counterpart of this Amendment by facsimile shall be
effective as such party’s original executed counterpart.
 
SECTION 7. Governing Law. This Amendment shall be governed by, and construed in
accordance with, the laws of the State of New York.
 

 
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
 
 
 
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IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this
Amendment to be duly executed and delivered as of the date first above written.
 
MILLIPORE CORPORATION,
by
 
/s/ Charles F. Wagner, Jr.
 
Name:  Charles F. Wagner, Jr.
 
Title:    Vice President and Chief Financial Officer

MILLIPORE IRELAND B.V.,
by
 
/s/ Paul O’Connor
 
Name:  Paul O’Connor
 
Title:    Managing Director

MILLIPORE CORK,
by
 
/s/ Paul O’Connor
 
Name:  Paul O’Connor
 
Title:    Managing Director

 

MILLIPORE SAS,
by
 
/s/ Bernard Arend
 
Name:  Bernard Arend
 
Title:    President and Chairman

 
 
 
[Amendment No. 3 to the Credit Agreement - Millipore]

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MILLIPORE INTERNATIONAL
HOLDING COMPANY B.V.,
by
 
/s/ Charles F. Wagner, Jr.
 
Name:  Charles F. Wagner, Jr.
 
Title:    Managing Director

MILLILUX SARL,
by
 
/s/ Paul O’Connor
 
Name:  Paul O’Connor
 
Title:    Manager

MILLIPART SARL,
by
 
/s/ Paul O’Connor
 
Name:  Paul O’Connor
 
Title:    Manager

MILLIPORE (U.K.) LIMITED,
by
 
/s/ Anthony J. Mattacchione
 
Name:  Anthony J. Mattacchione
 
Title:    Director

MILLIPORE IRELAND LIMITED,
by
 
/s/ Paul O’Connor
 
Name:  Paul O’Connor
 
Title:    Director

MILLIPORE AB,
by
 
/s/ Daniel A. Milewich
 
Name:  Daniel A. Milewich
 
Title:    Director

 
by
 
/s/ Didier Kauffer
 
Name:  Didier Kauffer
 
Title:    Director

 
[Amendment No. 3 to the Credit Agreement - Millipore]

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BANK OF AMERICA, N.A.,
as Administrative Agent,
by
 
/s/ Kathleen M. Carry
 
Name:  Kathleen M. Carry
 
Title:     Vice President

 
 
 
 
 
 
 

 
[Amendment No. 3 to the Credit Agreement - Millipore]

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

The Royal Bank of Scotland N.V. f/k/a
ABN AMRO Bank N.V.
 
By:
/s/ Michele Costello
 
Name:  Michele Costello
 
Title:    Director

 
By:
/s/ Juan B. Lopez
 
Name:  Juan B. Lopez
 
Title:    Vice President

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
ALLIED IRISH BANKS, PLC

by:
 
/s/ Michael Dudle
 
Name:  Michael Dudle
 
Title:    Senior Manager

 
For any Lender requiring a second signature line:
 
by:
 
/s/ Sharon Grearn
 
Name:  Sharon Grearn
 
Title:    Relationship Manager

 
 

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BANK OF AMERICA, N.A.,
as a Lender,
by
 
/s/ Robert LaPorte
 
Name:  Robert LaPorte
 
Title:    Vice President

 
 
 
 
 
 
 

 
[Amendment No. 3 to the Credit Agreement - Millipore]

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
Citibank NA

by
 
/s/ Henry H. Schwake
 
Name:  Henry H. Schwake
 
Title:    Managing Director
 
     GCB - Consumer & Healthcare Group
     633 W. 5th Street - Ste. 6300
     Los Angeles, CA 90071

For any Lender requiring a second signature line:

by
     
Name:
 
Title:

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
Commerzbank AG

by:
 
/s/ Nathalie Neumann
 
Name:  Nathalie Neumann
 
Title:

For any Lender requiring a second signature line:

by:
 
/s/ Scharff
 
Name:  Scharff
 
Title:    Vice President

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
Credit Industriel et Commercial, London Branch

by:
 
/s/ P.L. Kitching
 
Name:  P.L. Kitching
 
Title:    Director, Corporate Banking

For any Lender requiring a second signature line:

by:
 
/s/ L. Batson
 
Name:  L. Batson
 
Title:    Credit Officer

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
DANSKE BANK A/S

by:
 
/s/ Merete Ryvald-Christensen
 
Name:  Merete Ryvald-Christensen
 
Title:    Senior Credit Administrator

For any Lender requiring a second signature line:

by:
 
/s/ Henrik Ibsen
 
Name:  Henrik Ibsen
 
Title:    First Vice President

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
DnB NOR Bank ASA

by:
 
/s/ Thomas Tangen
 
Name:  Thomas Tangen
 
Title:    Senior Vice President
 
     Head of Corporate Banking

For any Lender requiring a second signature line:

by:
 
/s/ Kristin Riise
 
Name:  Kristin Riise
 
Title:    First Vice President

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
HSBC Bank USA, National Association

by:
 
/s/ Kenneth V. McGraime
 
Name:  Kenneth V. McGraime
 
Title:    SVP, Commercial Executive

For any Lender requiring a second signature line:

by:
     
Name:
 
Title:

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
J.P. Morgan Europe Ltd.

by:
 
/s/ Tim Jacob
 
Name:  Tim Jacob
 
Title:    Senior Vice President

For any Lender requiring a second signature line:

by:
     
Name:
 
Title:

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
JPMorgan Chase Bank NA

by:
 
/s/ D. Scott Farquhar
 
Name:  D. Scott Farquhar
 
Title:    Vice President

For any Lender requiring a second signature line:

by:
     
Name:
 
Title:

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
Mizuho Corporate Bank, Ltd.

by:
 
/s/ Leon Mo
 
Name:  Leon Mo
 
Title:    Authorized Signatory

For any Lender requiring a second signature line:

by:
     
Name:
 
Title:

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
NATIXIS

by:
 
/s/ Pascal Baffoy
 
Name:  Pascal Baffoy
 
Title:    Corporate Director

For any Lender requiring a second signature line:

by:
     
Name:
 
Title:

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
Scotiabank Europe plc

by:
 
/s/ John O’Connor
 
Name:  John O’Connor
 
Title:    Head of Credit Administration

For any Lender requiring a second signature line:

by:
     
Name:
 
Title:

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
Svenska Handelsbanken AB (publ) New York Branch

by:
 
/s/ Anders Abilson
 
Name:  Anders Abilson
 
Title:    Vice President

For any Lender requiring a second signature line:

by:
 
/s/ Richard Johnson
 
Name:  Richard Johnson
 
Title:    Senior Vice President

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
UBS Limited

by:
 
/s/ Graham Vance
 
Name:  Graham Vance
 
Title:    Managing Director

For any Lender requiring a second signature line:

by:
 
/s/ Andrew Santacroce
 
Name:  Andrew Santacroce
 
Title:    Director

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
UBS Loan Finance LLC

by:
 
/s/ Mary E. Evans
 
Name:  Mary E. Evans
 
Title:    Associate Director
 
     Banking Products Services, US

For any Lender requiring a second signature line:

by:
 
/s/ Irja R. Otsa
 
Name:  Irja R. Otsa
 
Title:    Associate Director
 
     Banking Products Services, US

 
 

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LENDER SIGNATURE PAGE TO AMENDMENT NO. 3 TO THE MILLIPORE CREDIT AGREEMENT DATED
AS OF DECEMBER 15, 2005

To approve Amendment No. 3:

Name of Lender
 
Citibank International PLC

by:
 
/s/ Julian Giliberti
 
Name:  Julian Giliberti
 
Title:    Citigroup Director

For any Lender requiring a second signature line:

by:
     
Name:
 
Title: