EXECUTION VERSION
EXHIBIT 10.9

This AMENDMENT NO. 3 (this “Amendment No. 3”), dated as of December 8, 2016 and
entered into by and among Perrigo Finance Unlimited Company (formerly Perrigo
Finance PLC), a public unlimited company organized under the laws of Ireland,
Perrigo Company PLC, a public limited company organized under the laws of
Ireland (together with Perrigo Finance Unlimited Company, the “Term Facility
Borrowers”), certain Lenders listed on the signature pages hereto (the
“Consenting Lenders”) and JPMorgan Chase Bank, N.A., as administrative agent (in
such capacity, the “Administrative Agent”), amends that certain Term Loan Credit
Agreement, dated as of December 5, 2014 (as amended by Amendment No. 1, dated as
of February 26, 2016, as further amended by Amendment No. 2, dated September 9,
2016, and as further amended, restated, supplemented, waived or otherwise
modified from time to time prior to the date hereof, the “Credit Agreement”), by
and among the Term Facility Borrowers, the lenders party thereto, the
Administrative Agent and the other agents party thereto.
W I T N E S S E T H :
WHEREAS, each Term Facility Borrower has requested that the Credit Agreement be
amended as set forth herein;
WHEREAS, by signing this Amendment No. 3 the Required Lenders have consented to
this Amendment No. 3 and to the amendments to the Credit Agreement described in
Section 2 below.
NOW, THEREFORE, in consideration of the premises contained herein, the parties
hereto agree as follows:
1.Defined Terms; References. Except as otherwise defined in this Amendment No.
3, terms defined in the Credit Agreement are used herein (including the recitals
hereto) as defined therein. On and after the Amendment Effective Date (as
defined below), each reference in the Credit Agreement to “this Agreement,”
“hereunder,” “hereof” or words of like import referring to the Credit Agreement
shall mean and be a reference to the Credit Agreement, as amended by this
Amendment No. 3.
2.Amendments. The Administrative Agent and each Consenting Lender (in the
aggregate representing Required Lenders) hereby consents to amend:
(a) Section 6.01(e) of the Credit Agreement by deleting the word “and”;
(b) Section 6.01(f) by replacing “.” with “; and”;
(c) Section 6.01 by adding a new subclause (g) thereof as follows:
“(g)    Indebtedness arising pursuant to any transaction permitted by Section
6.09 in the event such transaction becomes subject to a recharacterization as a
loan or a transaction creating a security interest or other security device.”
(d) Section 6.02(h) of the Credit Agreement by deleting the word “and”;

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(e) Section 6.02(i) by replacing “.” with “; and”; and
(f) Section 6.02 by adding a new subclause (j) thereof (but, for the avoidance
of doubt, not amending the paragraph immediately thereafter) as follows:
“(j)     any transaction permitted by Section 6.09, including any Liens on the
assets that are the subject of such transaction in the event such transaction
becomes subject to a recharacterization as a loan or a transaction creating a
security interest or other security device.”
3. Representations and Warranties; Loan Document. Each Term Facility Borrower
hereby represents and warrants that as of the date hereof (a) the
representations and warranties of the Loan Parties set forth in the Loan
Documents are true and correct in all material respects (except that any
representation or warranty which is already qualified as to materiality or by
reference to Material Adverse Effect is true and correct in all respects) on and
as of such date, with the same effect as if made on and as of such date (other
than those representations and warranties that by their terms expressly relate
to an earlier date, in which case such representations and warranties were true
and correct in all material respects as of such earlier date) and (b) no Default
or Event of Default has occurred and is continuing. This Amendment No. 3 is a
“Loan Document,” as defined in the Credit Agreement.
4. Conditions.    The amendments contained in Section 2 of this Amendment No. 3
shall become effective on the date (the “Amendment Effective Date”) on which
each of the following conditions shall have been satisfied:
(a)The Administrative Agent shall have received counterparts of this Amendment
No. 3 duly executed and delivered by each Term Facility Borrower, Consenting
Lenders constituting the Required Lenders and the Administrative Agent.
(b)The representations and warranties of each Loan Party set forth in Section 3
above are true and correct on and as of the Amendment Effective Date.
(c)Each Term Facility Borrower shall have paid all expenses for which invoices
have been presented on or prior to the Amendment Effective Date, including
reasonable legal fees and disbursements of counsel to the Administrative Agent.
5. Continuing Effect; No Other Amendments; Reaffirmation. Except as expressly
provided herein, all of the terms and provisions of the Credit Agreement are and
shall remain in full force and effect. The amendments provided for herein are
limited to the specific subsection of the Credit Agreement specified herein and
shall not constitute an amendment of, or an indication of the Administrative
Agent’s or the Lenders’ willingness to amend any other provisions of the Credit
Agreement. Each Term Facility Borrower hereby acknowledges and agrees that,
after giving effect to this Amendment No. 3, except as expressly set forth in
this Amendment No. 3, all of its respective obligations and liabilities under
the Loan Documents (including, without limitation, the Guaranty executed by
Perrigo Company PLC) to which it is a party are reaffirmed, and remain in full
force

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and effect. The execution, delivery and performance of this Amendment No. 3
shall not constitute a waiver of any provision of, or operate as a waiver of any
right, power or remedy of any Agent or Lender under, the Credit Agreement or any
of the other Loan Documents.
6. Expenses. Each of the Term Facility Borrowers agrees to pay and reimburse the
Administrative Agent for all its reasonable costs and out-of-pocket expenses
incurred in connection with the preparation and delivery of this Amendment No.
3, including, without limitation, the reasonable fees and disbursements of
counsel to the Administrative Agent.
7. Headings. Section headings herein and in the Loan Documents are included for
convenience of reference only and shall not affect the interpretation of this
Amendment No. 3 or any Loan Document.
8. Counterparts. This Amendment No. 3 may be executed in counterparts (and by
different parties hereto on different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a
single contract. Delivery of an executed counterpart of a signature page of this
Amendment No. 3 by email or facsimile transmission or other electronic means
shall be effective as delivery of a manually executed counterpart of this
Agreement.
9. GOVERNING LAW. THIS AMENDMENT NO. 3 SHALL BE CONSTRUED IN ACCORDANCE WITH AND
GOVERNED BY THE LAW OF THE STATE OF NEW YORK. SECTIONS 9.09 AND 9.10 OF THE
CREDIT AGREEMENT ARE INCORPORATED BY REFERENCE HEREIN MUTATIS MUTANDIS.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 3 to be
duly executed and delivered by their respective authorized officers as of the
day and year first above written.

PERRIGO FINANCE UNLIMITED COMPANY,
as Term Facility Borrower
 
 
By:
/s/ Louis K. Cherico
 
Name: Louis K. Cherico
 
Title: Treasurer
 
 

PERRIGO COMPANY PLC,
as Term Facility Borrower
 
 
By:
/s/ Louis K. Cherico
 
Name: Louis K. Cherico
 
Title: Treasurer
 
 

[Perrigo Term Loan Amendment No. 3]

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JPMORGAN CHASE BANK, N.A., as Administrative
Agent
 
 
By:
/s/ Krys Szremski
 
Name: Krys Szremski
 
Title: Executive Director
 
 

[Signature Page - Term Amendment No. 3]

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JPMORGAN CHASE BANK, N.A., as Lender
 
 
By:
/s/ Krys Szremski
 
Name: Krys Szremski
 
Title: Executive Director
 
 

[Signature Page - Term Amendment No. 3]

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FIFTH THIRD BANK,
as Lender
 
 
By:
/s/ Nathaniel E. Sher
 
Name: Nathaniel E. Sher
 
Title: Vice President
 
 

[Perrigo Term Loan Amendment No. 3]

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BARCLAYS BANK PLC, as Lender
 
 
By:
/s/ Jake Lam
 
Name: Jake Lam
 
Title: Assistant Vice President
 
 

[Signature Page - Term Amendment No. 3]

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Bank of America,
as Lender
 
 
By:
/s/ Joseph L. Corah
 
Name: Joseph L. Corah
 
Title: Director
 
 

[Perrigo Term Loan Amendment No. 3]

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CITIBANK, N.A. as Lender
 
 
By:
/s/ Laura Fogarty
 
Name: Laura Fogarty
 
Title: Vice President
 
 

[Signature Page - Term Amendment No. 3]

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HSBC BANK USA, N.A., as Lender
 
 
By:
/s/ Andrew Bicker
 
Name: Andrew Bicker
 
Title: Director
 
 

[Signature Page - Term Amendment No. 3]

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WELLS FARGO BANK, NATIONAL
ASSOCIATION, as Lender
 
 
By:
/s/ Kirk Tesch
 
Name: Kirk Tesch
 
Title: Managing Director
 
 

[Signature Page - Term Amendment No. 3]

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CITIZENS BANK N.A., as Lender
 
 
By:
/s/ Darran Wee
 
Name: Darran Wee
 
Title: Senior Vice President
 
 

[Signature Page - Term Amendment No. 3]

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MIZUHO BANK, Ltd.,
as Lender
 
 
By:
/s/ Bertram H. Tang
 
Name: Bertram H. Tang
 
Title: Authorized Signatory
 
 

[Perrigo Term Loan Amendment No. 3]

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BNP Paribas, as Lender
 
 
By:
/s/ Michael Pearce
 
Name: Michael Pearce
 
Title: Managing Director
 
 
By:
/s/ Michael Hoffman
 
Name: Michael Hoffman
 
Title: Director
 
 

[Signature Page - Term Amendment No. 3]

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ING Belgium NV/SA,
as Lender
 
 
By:
/s/ Johan Vanhoyland
 
Name: Johan Vanhoyland
 
Title: Managing Director
 
Sector Head General Industries & Pharmaceuticals
 
 

ING Belgium NV/SA,
as Lender
 
 
By:
/s/ Michel Verstraeten
 
Name: Michel Verstraeten
 
Title: Head of Corporate Lending BeLux
 
 
 
 

[Perrigo Term Loan Amendment No. 3]

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PNC BANK, NATIONAL ASSOCIATION, as
Lender
 
 
By:
/s/ Sommer M. Bainbridge
 
Name: Sommer M. Bainbridge
 
Title: Senior Vice President
 
 

[Signature Page - Term Amendment No. 3]

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SANTANDER BANK, N.A., as Lender
 
 
By:
/s/ Andres Barbosa
 
Name: Andres Barbosa
 
Title: Executive Director
 
 

[Signature Page - Term Amendment No. 3]

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SUMITOMO MITSUI BANKING CORPORATION,
as Lender
 
 
By:
/s/ James Weinstein
 
Name: James Weinstein
 
Title: Managing Director
 
 

[Signature Page - Term Amendment No. 3]

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CREDIT SUISSE AG, CAYMAN ISLANDS
BRANCH, as Lender
 
 
By:
/s/ Christopher Day
 
Name: Christopher Day
 
Title: Authorized Signatory
 
 
By:
/s/ Joan Park
 
Name: Joan Park
 
Title: Authorized Signatory
 
 

[Perrigo Term Loan Amendment No. 3]

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THE NORTHERN TRUST COMPANY, as Lender
 
 
By:
/s/ Wicks Barkhausen
 
Name: Wicks Barkhausen
 
Title: Vice President
 
 

[Signature Page - Term Amendment No. 3]