Exhibit 10.1

EXECUTION VERSION

AMENDMENT AGREEMENT

AMENDMENT AGREEMENT dated as of August 1, 2017 (this “Amendment”) to the
Revolving Credit Agreement, dated as of February 1, 2017 (the “Credit
Agreement”), among Walgreens Boots Alliance, Inc., as the Borrower, JPMorgan
Chase Bank, N.A., as Administrative Agent, the Lenders from time to time party
thereto and each other party thereto.

1. Defined Terms. Capitalized terms used and not otherwise defined herein have
the meanings assigned to them in the Credit Agreement.

2. Amendments to the Credit Agreement. Each of the parties hereto agrees that,
effective on the Amendment Effective Date (as defined below) the definition of
“Facility Termination Date” included in the Credit Agreement shall be amended by
replacing “the date which is 364 days following the Effective Date” with
“January 31, 2019”.

3. Conditions to Effectiveness. This Amendment shall become effective on the
date (the “Amendment Effective Date”) when:

(a) the Administrative Agent shall have received counterparts to this Amendment
executed by (i) the Borrower, (ii) the Administrative Agent and (iii) the
Lenders;

(b) the Borrower shall have paid to the Administrative Agent for the account of
each Lender party hereto a fee (the “Extension Fee”) in an aggregate amount
equal to 0.05% of such Lender’s Commitment, with such Extension Fee to be due
and payable upon satisfaction of the condition set forth in clause (a) above;
and

(c) (1) no Default or Unmatured Default shall have occurred and be continuing on
or as of the Amendment Effective Date and (2) all representations and warranties
of the Borrower set forth in Article 5 of the Credit Agreement shall be true and
correct in all material respects (except to the extent such representations and
warranties are qualified with “materiality” or “Material Adverse Effect” or
similar terms, in which case such representations and warranties shall be true
and correct in all respects) as if made on or as of the Amendment Effective
Date, except to the extent a representation or warranty is stated to relate
solely to an earlier date, in which case the representation or warranty shall be
true and correct in all material respects (except to the extent such
representations and warranties are qualified with “materiality” or “Material
Adverse Effect” or similar terms, in which case such representations and
warranties shall be true and correct in all respects) on and as such earlier
date and, by executing this Amendment, the Company hereby certifies that this
clause (c) is met as of the Amendment Effective Date.

4. Ratification. Except to the extent hereby amended, the Credit Agreement and
each of the Loan Documents remain in full force and effect and are hereby
ratified and affirmed.

5. Indemnities. The Borrower agrees that this Amendment constitutes a Loan
Document and Section 9.06 of the Credit Agreement is hereby incorporated by
reference herein and shall extend to the preparation, execution and delivery of
this Amendment.

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6. Limitation. This Amendment shall be limited precisely as written and except
as expressly provided herein, shall not be deemed (a) to be a consent granted
pursuant to, or a waiver or modification of, any term or condition of the Credit
Agreement or any of the instruments or agreements referred to therein or (b) to
prejudice any right or rights which the Administrative Agent or the Lenders may
now have or have in the future under or in connection with the Credit Agreement
or any of the instruments or agreements referred to therein. Unless the context
indicates otherwise, on and after the Amendment Effective Date, whenever the
Credit Agreement is referred to in the Credit Agreement, the other Loan
Documents or any of the instruments, agreements or other documents or papers
executed or delivered in connection therewith, such reference shall be deemed to
mean the Credit Agreement as amended by this Amendment.

7. Counterparts. This Amendment may be executed in any number of counterparts
and by the different parties hereto in separate counterparts, each of which
shall be an original and all of which, when taken together, shall constitute but
one and the same instrument. A facsimile or .pdf copy of a counterpart signature
page shall serve as the functional equivalent of a manually executed copy for
all purposes.

8. Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

9. Consent to Jurisdiction; Waiver of Jury Trial. Each of Sections 15.02 and
15.03 of the Credit Agreement are hereby incorporated by reference herein and
shall extend to the preparation, execution and delivery of this Amendment.

[SIGNATURE PAGES FOLLOW]

 

2

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed by their respective authorized officers as of the day and year first
above written.

 

WALGREENS BOOTS ALLIANCE, INC.
as the Borrower

By:  

/s/ Claudio Moreno

  Name:   Claudio Moreno   Title:   Vice President, Global Treasury

[Walgreens Amendment – Signature Page]

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JPMORGAN CHASE BANK, N.A.
as Administrative Agent and Lender

By:  

/s/ Dawn Lee Lum

  Name:   Dawn Lee Lum   Title:   Executive Director

[Walgreens Amendment – Signature Page]

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MIZUHO BANK, LTD.,
as Lender

By:  

/s/ Tracy Rahn

  Name:   Tracy Rahn   Title:   Authorized Signatory

[Walgreens Amendment – Signature Page]

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THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.,
as Lender

By:  

/s/ Mark Maloney

  Name:   Mark Maloney   Title:   Authorized Signatory

[Walgreens Amendment – Signature Page]

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U.S. BANK NATIONAL ASSOCIATION,
as Lender

By:  

/s/ Conan Schleicher

  Name:   Conan Schleicher   Title:   Senior Vice President

[Walgreens Amendment – Signature Page]