Exhibit 10.1

FIRST AMENDMENT TO SECOND
AMENDED AND RESTATED CREDIT AGREEMENT
This FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this
“Amendment”), is dated as of April 27, 2016, by and among PILGRIM’S PRIDE
CORPORATION, a Delaware corporation (the “Company”), TO-RICOS, LTD., a Bermuda
company, and TO-RICOS DISTRIBUTION, LTD., a Bermuda company, as borrowers
(collectively, the “Borrowers”), each of the various financial institutions
which is a signatory hereto, as a Lender, and COÖPERATIEVE RABOBANK U.A., NEW
YORK BRANCH (formerly known as COÖPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK
B.A., “RABOBANK NEDERLAND”, NEW YORK BRANCH), in its capacity as administrative
agent and collateral agent (in such capacity, “Administrative Agent”).
W I T N E S S E T H:
WHEREAS, the Borrowers, certain other Subsidiaries of the Company, the financial
institutions signatory thereto as “Lenders”, and Administrative Agent are
parties to that certain Second Amended and Restated Credit Agreement dated as of
February 11, 2015 (as may be amended, restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”);
WHEREAS, the Company plans to declare and pay a special, one-time cash dividend
in an aggregate amount not less than $500,000,000 during the Fiscal Quarter
ending June 26, 2016 (the “2016 Dividend”); and
WHEREAS, the Borrowers have requested that certain terms and conditions of the
Credit Agreement be amended as more specifically set forth herein, and the
Administrative Agent and the Required Lenders have agreed to the requested
amendments on the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the premises set forth above, the terms and
conditions contained herein and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree that all capitalized terms used but not otherwise defined herein shall
have the meanings ascribed thereto in the Credit Agreement, and further agree as
follows:
1.Amendments to Credit Agreement.
(a)Section 1.01 of the Credit Agreement, Defined Terms, is hereby modified and
amended by deleting the definitions of “Defaulting Lender” and “Rabobank” in
their entirety and inserting in lieu thereof the following, respectively:
““Defaulting Lender” means, subject to Section 2.21(c), any Lender that (a) has
failed to (i) fund all or any portion of its Loans within two Business Days of
the date such Loans were required to be funded hereunder unless such Lender
notifies the Administrative Agent and the Borrower Representative in writing
that such failure is the result of such Lender’s determination that one or more
conditions precedent to funding (each of which conditions precedent, together
with any applicable default, shall be specifically identified in such

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writing) has not been satisfied, or (ii) pay to the Administrative Agent, any
Issuing Bank, any Swingline Lender or any other Lender any other amount required
to be paid by it hereunder (including in respect of its participation in Letters
of Credit or Swingline Loans) within two Business Days of the date when due, (b)
has notified the Borrower Representative, the Administrative Agent or any
Issuing Bank or Swingline Lender in writing that it does not intend to comply
with its funding obligations hereunder, or has made a public statement to that
effect (unless such writing or public statement relates to such Lender’s
obligation to fund a Loan hereunder and states that such position is based on
such Lender’s determination that a condition precedent to funding (which
condition precedent, together with any applicable default, shall be specifically
identified in such writing or public statement) cannot be satisfied), (c) has
failed, within three Business Days after written request by the Administrative
Agent or the Borrower Representative, to confirm in writing to the
Administrative Agent and the Borrower Representative that it will comply with
its prospective funding obligations hereunder (provided that such Lender shall
cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such
written confirmation by the Administrative Agent and the Borrower
Representative), or (d) has, or has a direct or indirect parent company that
has, (i) become the subject of a proceeding under any Debtor Relief Law, (ii)
had appointed for it a receiver, custodian, conservator, trustee, administrator,
assignee for the benefit of creditors or similar Person charged with
reorganization or liquidation of its business or assets, including the Federal
Deposit Insurance Corporation or any other state or federal regulatory authority
acting in such a capacity, or (iii) become the subject of a Bail-In Action;
provided that a Lender shall not be a Defaulting Lender solely by virtue of (x)
the ownership or acquisition of any equity interest in that Lender or any direct
or indirect parent company thereof by a Governmental Authority or (y) an
Undisclosed Administration of such Lender, in any such case so long as such
ownership interest does not result in or provide such Lender with immunity from
the jurisdiction of courts within the United States or from the enforcement of
judgments or writs of attachment on its assets or permit such Lender (or such
Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts
or agreements made with such Lender. Any determination by the Administrative
Agent that a Lender is a Defaulting Lender under any one or more of clauses (a)
through (d) above shall be conclusive and binding absent manifest error, and
such Lender shall be deemed to be a Defaulting Lender (subject to Section
2.21(c)) upon delivery of written notice of such determination to the Borrower
Representative, each Issuing Bank, each Swingline Lender and each Lender.
“Rabobank” means Coöperatieve Rabobank U.A., New York Branch (formerly known as
Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland”, New
York Branch), in its individual capacity, and its successors.
(b)Section 1.01 of the Credit Agreement, Defined Terms, is hereby further
modified and amended by adding the following definitions thereto in proper
alphabetical order:

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““2016 Dividend” means a special one-time cash dividend in an aggregate amount
not less than $500,000,000 to be declared and paid by the Company during the
Fiscal Quarter ending June 26, 2016.
“2016 Pro-Rated Second Fiscal Quarter Net Income” means (a) the 2016 Second
Fiscal Quarter Average Daily Net Income, multiplied by (b) the number of
calendar days in the period commencing on (and including) the Business Day on
which the 2016 Dividend is paid and ending on (and including) June 26, 2016.
“2016 Second Fiscal Quarter Average Daily Net Income” means the Net Income of
the Company and the Subsidiaries for the Fiscal Quarter ending on June 26, 2016
(as reported in the Company’s unaudited financial statements for such Fiscal
Quarter) divided by the number of calendar days in such Fiscal Quarter.
“Bail-In Action” means the exercise of any Write-Down and Conversion Powers by
the applicable EEA Resolution Authority in respect of any liability of an EEA
Financial Institution.
“Bail-In Legislation” means, with respect to any EEA Member Country implementing
Article 55 of Directive 2014/59/EU of the European Parliament and of the Council
of the European Union, the implementing law for such EEA Member Country from
time to time which is described in the EU Bail-In Legislation Schedule.
“EEA Financial Institution” means (a) any credit institution or investment firm
established in any EEA Member Country which is subject to the supervision of an
EEA Resolution Authority, (b) any entity established in an EEA Member Country
which is a parent of an institution described in clause (a) of this definition,
or (c) any financial institution established in an EEA Member Country which is a
subsidiary of an institution described in clauses (a) or (b) of this definition
and is subject to consolidated supervision with its parent.
“EEA Member Country” means any of the member states of the European Union,
Iceland, Liechtenstein, and Norway.
“EEA Resolution Authority” means any public administrative authority or any
Person entrusted with public administrative authority of any EEA Member Country
(including any delegee) having responsibility for the resolution of any EEA
Financial Institution.
“EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule
published by the Loan Market Association (or any successor Person), as in effect
from time to time.
“Write-Down and Conversion Powers” means, with respect to any EEA Resolution
Authority, the write-down and conversion powers of such EEA Resolution Authority
from time to time under the Bail-In Legislation for the

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applicable EEA Member Country, which write-down and conversion powers are
described in the EU Bail-In Legislation Schedule.”
(c)Section 2.21 of the Credit Agreement, Defaulting Lenders, is hereby modified
and amended by deleting clause (b), part (iv) of such section in its entirety
and inserting in lieu thereof the following:
“(iv) Reallocation of Participations to Reduce Fronting Exposure. All or any
part of such Defaulting Lender’s LC Exposure and Swingline Exposure shall be
reallocated among the Non-Defaulting Lenders in accordance with their respective
Applicable Percentages (calculated without regard to such Defaulting Lender’s
Commitment) but only to the extent that such reallocation does not cause the
aggregate Revolving Exposures of any Non-Defaulting Lender to exceed such
Non-Defaulting Lender’s Revolving Commitments. Subject to Section 11.09, no
reallocation hereunder shall constitute a waiver or release of any claim of any
party hereunder against a Defaulting Lender arising from that Lender having
become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a
result of such Non-Defaulting Lender’s increased exposure following such
reallocation.”
(d)Section 6.13 of the Credit Agreement, Minimum Consolidated Tangible Net
Worth, is hereby modified and amended by deleting such section in its entirety
and inserting in lieu thereof the following:
“SECTION 6.13. Minimum Consolidated Tangible Net Worth. The Borrowers shall
maintain as of the Fiscal Quarter ending March 27, 2016, and as of the end of
each Fiscal Quarter thereafter, Consolidated Tangible Net Worth of not less than
an amount equal to the sum of (a) $350,000,000, plus (b) for the Fiscal Quarter
ending June 26, 2016, an amount equal to 50% of the 2016 Pro-Rated Second Fiscal
Quarter Net Income (excluding any Net Income that is a loss for such period of
determination), plus (c) for each Fiscal Quarter ending September 25, 2016 and
December 25, 2016, an amount equal to 50% of Net Income (excluding any Net
Income that is a loss for such period of determination) of the Company and the
Subsidiaries for each such Fiscal Quarter, as reported in the Company’s
unaudited financial statements for each such Fiscal Quarter, on a cumulative
basis, plus (d) for the Fiscal Year ended 2017 and each Fiscal Year thereafter,
an amount equal to 50% of cumulative Net Income (excluding any Net Income that
is a loss for such period of determination) of the Company and the Subsidiaries
as reported in the Company’s audited financial statements for each such Fiscal
Year, in each case for purposes of this clause (d), on a cumulative basis.”
(e)Section 9.04 of the Credit Agreement, Successors and Assigns, is hereby
modified and amended by deleting clause (b), part (ii), subpart (C) of such
section in its entirety and inserting in lieu thereof the following:
“(C) no assignment shall be made to (1) the Parent Entity or any of its
Affiliates (including the Company and its Subsidiaries), (2) any natural Person
or (3) any Defaulting Lender or any of its Subsidiaries, or any Person who, upon
becoming a Lender hereunder, would constitute any of the foregoing Persons
described in this clause (3);”

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(f)The Credit Agreement is hereby modified and amended by adding a new Section
11.09 as follows:
“SECTION 11.09. Acknowledgement and Consent to Bail-In of EEA Financial
Institutions. Notwithstanding anything to the contrary in any Loan Document or
in any other agreement, arrangement or understanding among any such parties,
each party hereto acknowledges that any liability of any EEA Financial
Institution arising under any Loan Document, to the extent such liability is
unsecured, may be subject to the write-down and conversion powers of an EEA
Resolution Authority and agrees and consents to, and acknowledges and agrees to
be bound by:
(a) the application of any Write-Down and Conversion Powers by an EEA Resolution
Authority to any such liabilities arising hereunder which may be payable to it
by any party hereto that is an EEA Financial Institution; and
(b) the effects of any Bail-In Action on any such liability, including, if
applicable:
(i) a reduction in full or in part or cancellation of any such liability;
(ii) a conversion of all, or a portion of, such liability into shares or other
instruments of ownership in such EEA Financial Institution, its parent
undertaking, or a bridge institution that may be issued to it or otherwise
conferred on it, and that such shares or other instruments of ownership will be
accepted by it in lieu of any rights with respect to any such liability under
this Agreement or any other Loan Document; or
(iii) the variation of the terms of such liability in connection with the
exercise of the write-down and conversion powers of any EEA Resolution
Authority.”
2.No Other Amendments. Except as expressly set forth above, the execution,
delivery and effectiveness of this Amendment shall not operate as an amendment,
modification or waiver of any right, power or remedy of Administrative Agent or
the Lenders under the Credit Agreement or any of the other Loan Documents, nor
constitute a waiver of any provision of the Credit Agreement or any of the other
Loan Documents. Except for the amendment set forth above, the text of the Credit
Agreement and all other Loan Documents shall remain unchanged and in full force
and effect and the Loan Parties hereby ratify and confirm their obligations
thereunder. This Amendment shall not constitute a modification of the Credit
Agreement or any of the other Loan Documents or a course of dealing with
Administrative Agent or the Lenders at variance with the Credit Agreement or the
other Loan Documents such as to require further notice by Administrative Agent
or any Lender to require strict compliance with the terms of the Credit
Agreement and the other Loan Documents in the future, except as expressly set
forth herein. The Loan Parties acknowledge and expressly agree that
Administrative Agent and the Lenders reserve the right to, and do in fact,
require strict compliance with all terms and provisions of the Credit Agreement
and the other Loan Documents (subject to any qualifications set forth therein),
as amended herein.
3.Representations and Warranties. In consideration of the execution and delivery
of this Amendment by Administrative Agent and the Lenders, each Loan Party
hereby represents and warrants in favor of Administrative Agent and the Lenders
as follows:

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(a)The execution, delivery and performance by each Loan Party of this Amendment
(i) are all within such Loan Party’s organizational powers, (ii) have been duly
authorized, (iii) do not require any consent or approval of, registration or
filing with, or any other action by, any Governmental Authority, except such as
have been obtained or made and are in full force and effect, (iv) will not
violate any Requirement of Law applicable to any Loan Party or any of the
Subsidiaries, (v) will not violate or result in a default under any indenture or
other agreement or instrument binding upon any Loan Party or any of the
Subsidiaries or its assets, or give rise to a right under any such indenture,
agreement or instrument (other than a Loan Document) to require any payment to
be made by any Loan Party or any of the Subsidiaries, and (vii) will not result
in the creation or imposition of any Lien on any asset of any Loan Party or any
of the Subsidiaries, except Liens created or permitted pursuant to the Loan
Documents, except to the extent that any such failure to make or obtain, or any
such violation, default or payment, in each case referred to in clauses (iii)
through (v), individually or in the aggregate, could not reasonably be expected
to result in a Material Adverse Effect;
(b)This Amendment has been duly executed and delivered by each Loan Party, and
constitutes a legal, valid and binding obligation of each Loan Party,
enforceable in accordance with its terms, subject to applicable bankruptcy,
insolvency, reorganization, moratorium or other laws affecting creditors’ rights
generally and subject to general principles of equity, regardless of whether
considered in a proceeding in equity or at law;
(c)The representations and warranties of the Loan Parties set forth in the
Credit Agreement and the other Loan Documents shall be true and correct in all
material respects on and as of the date hereof, both before and after giving
effect to this Amendment, except that such representations and warranties (i)
that relate solely to an earlier date shall be true and correct in all material
respects as of such earlier date and (ii) shall be true and correct in all
respects to the extent they are qualified by a materiality standard; and
(d)Immediately after giving effect hereto, no event has occurred and is
continuing which constitutes a Default or an Event of Default or would
constitute an Event of Default but for the requirement that notice be given or
time elapse or both.
4.Effectiveness. This Amendment shall become effective as of the date set forth
above upon (a) the public announcement of the payment of the 2016 Dividend by
the Board of Directors of the Company to its stockholders and (b) Administrative
Agent’s receipt of each of the following, in form and substance satisfactory to
Administrative Agent (the “Amendment Effective Date”):
(a)this Amendment duly executed by the applicable Loan Parties, Administrative
Agent, and the Required Lenders; and
(b)all other certificates, reports, statements, instruments or other documents
as Administrative Agent may have reasonably requested prior to the effectiveness
of this Amendment.
5.Costs and Expenses. The Borrowers agree to pay on demand all reasonable and
documented out-of-pocket costs and expenses of Administrative Agent in
connection with the preparation, execution and delivery of this Amendment and
any other instruments and documents to be delivered hereunder (including,
without limitation, the reasonable fees and out-of-pocket expenses of counsel
for Administrative Agent with respect thereto).
6.Affirmation of Guaranty/Loan Documents. Each Loan Party hereby acknowledges
that as of the date hereof, the security interests and liens granted to
Administrative Agent for the benefit of the Secured Parties under the Loan
Documents are in full force and effect and are enforceable in accordance with
the terms of the applicable Loan Documents, and will continue to secure the
Obligations. Additionally, by executing this Amendment, each U.S. Loan Guarantor
and each Bermuda Loan Guarantor hereby acknowledges, consents and agrees that
all of its respective obligations and liability under the U.S. Guaranty and
Bermuda Guaranty (as applicable) and all other Loan Documents to which such U.S.
Loan Guarantor or Bermuda Loan Guarantor is a party remain in full force and
effect, and that the execution and delivery of

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this Amendment and any and all documents executed in connection therewith shall
not alter, amend, reduce or modify its obligations and liability under the U.S.
Guaranty and Bermuda Guaranty and all other Loan Documents.
7.Counterparts. This Amendment may be executed in any number of counterparts,
each of which when so executed and delivered shall be deemed to be an original
and all of which taken together shall constitute but one and the same
instrument. Delivery of a signature page hereto by facsimile transmission or by
other electronic transmission shall be as effective as delivery of a manually
executed counterpart hereof.
8.Reference to and Effect on the Loan Documents. Upon the effectiveness of this
Amendment, on and after the date hereof, each reference in the Credit Agreement
to “this Agreement,” “hereunder,” “hereof” 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 Credit Agreement as
amended hereby.
9.Governing Law. This Amendment shall be construed in accordance with, and this
Amendment and all matters arising out of or relating in any way whatsoever to
this Amendment (whether in contract, tort or otherwise) shall be governed by,
the law of the State of New York, other than those conflict of law provisions
that would defer to the substantive laws of another jurisdiction. This governing
law election has been made by the parties in reliance (at least in part) on
Section 5-1401 of the General Obligation Law of the State of New York, as
amended (as and to the extent applicable), and other applicable law.
10.Final Agreement. This Amendment represents the final agreement between the
Loan Parties, Administrative Agent and the Lenders as to the subject matter
hereof and may not be contradicted by evidence of prior, contemporaneous or
subsequent oral agreements of the parties. There are no unwritten oral
agreements between the parties.
11.Loan Document. This Amendment shall be deemed to be a Loan Document for all
purposes under the Credit Agreement.
12.No Novation. This Amendment is not intended by the parties to be, and shall
not be construed to be, a novation of the Credit Agreement or an accord and
satisfaction in regard thereto.

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IN WITNESS WHEREOF, the parties hereto have caused their respective duly
authorized officers or representatives to execute and deliver this Amendment as
of the day and year first above written.
BORROWERS:
 
PILGRIM'S PRIDE CORPORATION
 
 
 
 
 
 
 
By:
/s/ Fabio Sandri
 
 
Name: Fabio Sandri
 
 
Title: Chief Financial Officer
 
 
 
 
 
 
 
 
TO-RICOS, LTD.
 
 
 
 
 
 
 
By:
/s/ Fabio Sandri
 
 
Name: Fabio Sandri
 
 
Title: Chief Financial Officer
 
 
 
 
 
 
 
 
TO-RICOS DISTRIBUTION, LTD.
 
 
 
 
 
 
 
By:
/s/ Fabio Sandri
 
 
Name: Fabio Sandri
 
 
Title: Chief Financial Officer

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OTHER LOAN PARTIES:
 
PILGRIM'S PRIDE CORPORATION OF WEST
 
 
VIRGINIA, INC.
 
 
 
 
 
 
 
By:
/s/ Fabio Sandri
 
 
Name: Fabio Sandri
 
 
Title: Chief Financial Officer

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ADMINISTRATIVE AGENT
 
COÖPERATIEVE RABOBANK U.A., NEW YORK
AND LENDERS:
 
BRANCH, as Administrative Agent and Lender
 
 
 
 
 
 
 
By:
/s/ Nader Pasdar
 
 
Name: Nader Pasdar
 
 
Title: Managing Director
 
 
 
 
 
 
 
By:
/s/ Naoko Kojima
 
 
Name: Naoko Kojima
 
 
Title: Executive Director

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AMERICAN AGCREDIT, PCA, as a Lender
 
 
 
 
 
 
 
By:
/s/ Bradley K. Leafgren
 
 
Name: Bradley K. Leafgren
 
 
Title: Vice President

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BANK OF MONTREAL, as a Lender
 
 
 
 
 
 
 
By:
/s/ Joan Murphy
 
 
Name: Joan Murphy
 
 
Title: Director

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ING CAPITAL LLC, as a Lender
 
 
 
 
 
 
 
By:
/s/ Dan Lamprecht
 
 
Name: Dan Lamprecht
 
 
Title: Managing Director
 
 
 
 
 
 
 
By:
/s/ Bill Redmond
 
 
Name: William Redmond
 
 
Title: Managing Director

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WELLS FARGO BANK, N.A., as a Lender
 
 
 
 
 
 
 
By:
/s/ Jeffry S. Millican
 
 
Name: Jeffry S. Millican
 
 
Title: Vice President

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[INTENTIONALLY OMITTED]
 
 
 
 
 
 
 
By:
 
 
 
Name:
 
 
Title:

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SOCIÉTÉ GÉNÉRALE, as a Lender
 
 
 
 
 
 
 
By:
/s/ Cliff Niebling
 
 
Name: Cliff Niebling
 
 
Title: Managing Director

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ROYAL BANK OF CANADA, as a Lender
 
 
 
 
 
 
 
By:
/s/ Anthony Pistilli
 
 
Name: Anthony Pistilli
 
 
Title: Authorized Signatory

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CITIBANK, N.A., as a Lender
 
 
 
 
 
 
 
By:
/s/ Robert J. Kane
 
 
Name: Robert J. Kane
 
 
Title: Vice President

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U.S. BANK NATIONAL ASSOCIATION, as a
 
 
Lender
 
 
 
 
 
 
 
By:
/s/ Thomas N. Martin
 
 
Name: Thomas N. Martin
 
 
Title: Senior Vice President

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BARCLAYS BANK PLC, as a Lender
 
 
 
 
 
 
 
By:
/s/ Marguerite Sutton
 
 
Name: Marguerite Sutton
 
 
Title: Vice President

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DEUTSCHE BANK AG, NEW YORK
 
 
BRANCH, as a Lender
 
 
 
 
 
 
 
By:
/s/ Peter Cucchiara
 
 
Name: Peter Cucchiara
 
 
Title: Vice President
 
 
 
 
 
 
 
By:
/s/ Dusan Lazarov
 
 
Name: Dusan Lazarov
 
 
Title: Director

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MORGAN STANLEY SENIOR FUNDING,
 
 
INC., as a Lender
 
 
 
 
 
 
 
By:
/s/ Lisa Vieira
 
 
Name: Lisa Vieira
 
 
Title: Vice President

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JPMORGAN CHASE BANK, N.A., as a Lender
 
 
 
 
 
 
 
By:
/s/ Odette Smalley
 
 
Name: Odette Smalley
 
 
Title: Vice President

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FIFTH THIRD BANK, as a Lender
 
 
 
 
 
 
 
By:
/s/ James A. Bosco
 
 
Name: James A. Bosco
 
 
Title: SVP

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BRANCH BANKING AND TRUST COMPANY,
 
 
as a Lender
 
 
 
 
 
 
 
By:
/s/ Bradford F. Scott
 
 
Name: Bradford F. Scott
 
 
Title: Senior Vice President

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COBANK, FCB, as a Lender
 
 
 
 
 
 
 
By:
/s/ Dan Terrill
 
 
Name: Dan Terrill
 
 
Title: Vice President

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1ST FARM CREDIT SERVICES, FLCA, as a
 
 
Voting Participant
 
 
 
 
 
 
 
By:
/s/ Lee Fuchs
 
 
Name: Lee Fuchs
 
 
Title: Vice President, Capital Markets Group

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AGFIRST FARM CREDIT BANK, as a Voting
 
 
Participant
 
 
 
 
 
 
 
By:
/s/ Matt Jeffords
 
 
Name: Matthew H Jeffords
 
 
Title: Vice President

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AGSTAR FINANCIAL SERVICES, FLCA, as a
 
 
Voting Participant
 
 
 
 
 
 
 
By:
/s/ Graham J. Dee
 
 
Name: Graham J. Dee
 
 
Title: VP Capital Markets

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BADGERLAND FINANCIAL, FLCA, as a
 
 
Voting Participant
 
 
 
 
 
 
 
By:
/s/ Anthony G. Endres
 
 
Name: Anthony G. Endres
 
 
Title: AVP - Capital Markets

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FARM CREDIT BANK OF TEXAS, as a Voting
 
 
Participant
 
 
 
 
 
 
 
By:
/s/ Chris M. Levine
 
 
Name: Chris M. Levine
 
 
Title: Vice President

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FARM CREDIT EAST, ACA, as a Voting
 
 
Participant
 
 
 
 
 
 
 
By:
/s/ Kerri B. Sears
 
 
Name: Kerri B. Sears
 
 
Title: Vice President

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FARM CREDIT MID-AMERICA, FLCA, as a
 
 
Voting Participant
 
 
 
 
 
 
 
By:
/s/ Matt Dixon
 
 
Name: Matthew Dixon
 
 
Title: Credit Officer Capital Markets

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FARM CREDIT WEST, FLCA, as a Voting
 
 
Participant
 
 
 
 
 
 
 
By:
/s/ Robert Stornetta
 
 
Name: Robert Stornetta
 
 
Title: Vice President

FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT
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UNITED FCS, FLCA D/B/A FCS
 
 
COMMERCIAL FINANCE GROUP, as a Voting
 
 
Participant
 
 
 
 
 
 
 
By:
/s/ Daniel J. Best
 
 
Name: Daniel J. Best
 
 
Title: Vice President

FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT
S-28

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FARM CREDIT SERVICES OF AMERICA,
 
 
FLCA, as a Voting Participant
 
 
 
 
 
 
 
By:
/s/ Bruce Dean
 
 
Name: Bruce Dean
 
 
Title: Vice President

FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT
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GREENSTONE FARM CREDIT SERVICES,
 
 
FLCA, as a Voting Participant
 
 
 
 
 
 
 
By:
/s/ Jeff Pavlik
 
 
Name: Jeff Pavlik
 
 
Title: SVP/Managing Director

FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT
S-30

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NORTHWEST FARM CREDIT SERVICES,
 
 
FLCA, as a Voting Participant
 
 
 
 
 
 
 
By:
/s/ Paul Hadley
 
 
Name: Paul Hadley
 
 
Title: Vice President

FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT
S-31

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YOSEMITE LAND BANK, FLCA, as a Voting
 
 
Participant
 
 
 
 
 
 
 
By:
/s/ Leslie C. Crutcher
 
 
Name: Leslie C. Crutcher
 
 
Title: E.V.P.

FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT
S-32