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EXECUTION COPY
 
 
AMENDMENT dated as of January 12, 2010 (this “Amendment”), to the CREDIT
AGREEMENT dated as of March 9, 2009 (the “Credit Agreement”), among TYSON FOODS,
INC., a Delaware corporation (the “Company”), the SUBSIDIARY BORROWERS from time
to time party thereto, the Lenders from time to time party thereto and JPMORGAN
CHASE BANK, N.A., as Administrative Agent.

WHEREAS, the parties wish to amend the Credit Agreement as provided herein;
 
NOW, THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the receipt of which is hereby acknowledged, the parties
hereto hereby agree as follows:
 
SECTION  1.   Defined Terms.  Capitalized terms used and not defined herein
shall have the meanings given to them in the Credit Agreement.
 
SECTION  2.   Amendment of the Credit Agreement.  Upon the effectiveness of this
Amendment as provided in Section 5 below, Section 6.08(b) of the Credit
Agreement is hereby amended by (1) deleting the word “and” at the end of
subparagraph (vii) thereof, (2) replacing the reference in subparagraph (viii)
thereof to “$500,000,000” with a reference to “$350,000,000”, (3) replacing the
period at the end of subparagraph (viii) thereof with a semicolon and the word
“and” and (4) inserting at the end thereof the following new subparagraph (ix):
 
“(ix) so long as no Default shall have occurred and be continuing and (1) after
giving effect to such prepayment or repurchase, no Loan shall be outstanding and
(2) the Company reasonably expects that after giving effect to such prepayment
or repurchase, the Loan Parties shall have unrestricted domestic cash in an
amount not less than the aggregate principal amount of the 2011 Notes that
remain outstanding, prepayments or repurchases of any Indebtedness other than
2011 Notes.”
 
SECTION  3.   Representations and Warranties.  The Company represents and
warrants to the Administrative Agent and the Lenders as of the Amendment
Effective Date (as defined below), before and after giving effect to this
Amendment, that:
 
(a) No Default has occurred and is continuing.
 
(b) The representations and warranties of the Loan Parties set forth in the Loan
Documents that are qualified by materiality are true and correct and the
representations and warranties that are not so qualified are true and correct in
all material respects, except to the extent such representations and warranties
expressly relate to an earlier date (in which case such representations and
warranties are true and correct as of such earlier date).
 
SECTION  4.   Fees.  The Company agrees to pay on the Amendment Effective Date
to the Administrative Agent, for the account of each Lender that executes and
delivers a counterpart of this Amendment to the Administrative Agent (or its
counsel) at or prior to 12:00 p.m., New York City time, on January 12, 2010, an
amendment fee (the “Amendment Fee”) in an amount equal to 0.05% of the aggregate
amount of such Lender’s Commitment.  All such fees shall be payable in
immediately available funds and shall not be refundable.
 
SECTION  5.   Conditions Precedent to Effectiveness.   This Amendment shall
become effective as of the date (the “Amendment Effective Date”) on which the
Administrative Agent shall have received (a) counterparts hereof duly executed
and delivered by the Company and the Required Lenders, (b) a certificate, signed
by a Responsible Officer of the Company stating that on the Amendment Effective
Date, before and after giving effect to this Amendment, (i) no Default has
occurred and is continuing and (ii) the representations and warranties of the
Loan Parties set forth in the Loan Documents that are qualified by materiality
are true and correct and the representations and warranties that are not so
qualified are true and correct in all material respects, except to the extent
such representations and warranties expressly relate to an earlier date (in
which case such representations and warranties are true and correct as of such
earlier date), and (c) the Amendment Fees payable to the Lenders that delivered
counterparts of this Amendment on or prior to the time specified in Section 4.
 
SECTION  6.   No Other Amendments or Waivers; Confirmation.  Except as expressly
amended hereby, the provisions of the Credit Agreement are and shall remain in
full force and effect.  Nothing herein shall be deemed to entitle the Company or
the other Borrowers to a consent to, or a waiver, amendment, modification or
other change of, any of the terms, conditions, obligations, covenants or
agreements contained in the Credit Agreement in similar or different
circumstances.  This Amendment shall be a Loan Document for all purposes of the
Credit Agreement.  On and after the Amendment Effective Date, any reference to
the Credit Agreement shall mean the Credit Agreement as modified hereby.
 
 
 

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SECTION  7.   Expenses.  The Company agrees to pay or reimburse the
Administrative Agent for its reasonable out-of-pocket expenses in connection
with this Amendment, including the reasonable fees, charges and disbursements of
Cravath, Swaine & Moore LLP, counsel for the Administrative Agent.
 
SECTION  8.   Governing Law.  This Amendment and the rights and obligations of
the parties hereto shall be construed in accordance with and governed by the
laws of the State of New York, without regard to the conflict of laws principles
thereof.
 
SECTION  9.   Counterparts.  This Amendment may be executed by one or more of
the parties hereto on any number of separate counterparts, and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument.  This Amendment may be delivered by facsimile or other electronic
transmission of the signature pages hereof, and such delivery shall be as
effective as delivery of a manually executed signature page hereof.
 
SECTION  10.   Headings.  The section headings used herein are for convenience
of reference only, are not part of this Amendment and are not to affect the
construction of, or to be taken into consideration in interpreting, this
Amendment.
 
 
 

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

TYSON FOODS, INC.,
by
 
/s/ Ted Jones
 
Name:  Ted Jones
 
Title:  VP & Treasurer

 
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JPMORGAN CHASE BANK, N.A. individually and as Administrative Agent,
by
 
/s/ Barbara R. Marks
 
Name:  Barbara R. Marks
 
Title:  Executive Director

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  Farm Credit Bank of Texas
 
by
 
/s/ Chris M. Levine
 
Name:  Chris M. Levine
 
Title:  Vice President

 

For any institution requiring a second signature line:

 
by
     
Name:
 
Title:

 
 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  ING CAPTIAL LLC
 
by
 
/s/ Lina A. Garcia
 
Name:  Lina A. Garcia
 
Title:  Director

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEEN BANK B.A. “RABOBANK
NEDERLAND”, NEW YORK BRANCH
 
by
 
/s/ Michalene Donegan
 
Name:  Michalene Donegan
 
Title:  Executive Director

 
by
 
/s/ Brett Delfino
 
Name:  Brett Delfino
 
Title:  Executive Director

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:
 
FARM CREDIT SERVICES OF MID-AMERICA, FLCA
 
by
 
/s/ Tom Biggs
 
Name:  Tom Biggs
 
Title:  Vice President - Agribusiness

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  U.S. BANK NATIONAL ASSOCIATION
 
 
by
 
/s/ Matthew Kasper
 
Name:  Matthew Kasper
 
Title:  Relationship Manager

 

 
For any institution requiring a second signature line:

 
by
     
Name:
 
Title:

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January 11, 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  THE BANK OF NOVA SCOTIA
 
 
by
 
/s/ Paula J. Czach
 
Name:  Paula J. Czach
 
Title:  Director

 

 
For any institution requiring a second signature line:

 
by
     
Name:
 
Title:

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  COLE TAYLOR BANK
 
 
by
 
/s/ Richard Sitz
 
Name:  Richard Sitz
 
Title:  Senior Vice President

 

 
For any institution requiring a second signature line:

 
by
     
Name:
 
Title:

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  CoBank, ACB
 
 
by
 
/s/ James H. Matzat
 
Name:  James H. Matzat
 
Title:  Vice President

 

 
For any institution requiring a second signature line:

 
by
     
Name:
 
Title:

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  SOCIETE GENERALE, NEW YORK BRANCH
 
 
by
 
/s/ Sebastien Ribatto
 
Name:  Sebastien Ribatto
 
Title:  Managing Director

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:
 
MORGAN STANLEY BANK, N.A.
 
 
by
 
/s/ Melissa James
 
Name:  Melissa James
 
Title:  Authorized Signatory

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January 12, 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  REGIONS BANK
 
 
 
by
 
/s/ James H. Cooper
 
Name:  James H. Cooper
 
Title:  Senior Vice President

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  BARCLAYS BANK PLC
 
 
by
 
/s/ Diane Rolfe
 
Name:  Diane Rolfe
 
Title:  Director

 

 
For any institution requiring a second signature line:

 
by
     
Name:
 
Title:

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

VOTING PARTICIPANT:  AGFIRST FARM CREDIT BANK
 
 
by
 
/s/ Steven J. O’Shea
 
Name:  Steven J. O’Shea
 
Title:  Vice President

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January    , 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:  GENERAL ELECTRIC CAPITAL CORPORATION
 
 
by
 
/s/ Dwayne Coker
 
Name:  Dwayne Coker
 
Title:  Duly Authorized Signatory

 

 
For any institution requiring a second signature line:

 
by
     
Name:
 
Title:

 

 
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The Lender below hereby approves and becomes a party to the Amendment dated as
of January 12, 2010, to the Credit Agreement dated as of March 9, 2009, among
Tyson Foods, Inc., the Subsidiary Borrowers from time to time party thereto, the
Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as
Administrative Agent:

LENDER:
Wachovia Bank, National Association
 
 
by
 
/s/ Katherine Houser
 
Name:  Katherine Houser
 
Title:  Director

 

 
For any institution requiring a second signature line:

 
by
     
Name:
 
Title:

 
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