Exhibit 10.41
SECOND AMENDMENT TO CREDIT AGREEMENT
     SECOND AMENDMENT dated as of December 19, 2008 (this “Amendment”), to the
Amended and Restated Credit Agreement, dated as of February 23, 2007, as amended
by the First Amendment dated as of February 14, 2008 (the “Existing Credit
Agreement”), among SOUTHERN CALIFORNIA EDISON COMPANY, a California corporation
(the “Borrower”), the several banks and other financial institutions from time
to time parties thereto (the “Lenders”), CITICORP NORTH AMERICA, INC., as
syndication agent (in its capacity as such, the “Syndication Agent”), CREDIT
SUISSE, LEHMAN COMMERCIAL PAPER INC. AND WELLS FARGO BANK, N.A., as
documentation agents (in their respective capacities as such, the “Documentation
Agents”), and JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders
(in such capacity, the “Administrative Agent”). Capitalized terms used but not
defined herein shall have the meanings ascribed to such terms in the Existing
Credit Agreement.
W I T N E S S E T H:
     WHEREAS, pursuant to the Existing Credit Agreement, the Lenders have agreed
to make, and have made, certain extensions of credit to and for the account of
the Borrower; and
     WHEREAS, the Borrower has requested that, upon the terms and conditions set
forth herein, the Existing Credit Agreement be amended as provided herein.
     NOW, THEREFORE, the parties hereto hereby agree as follows:
     1. Amendments to Section 4.6 of the Existing Credit Agreement. Section 4.6
of the Existing Credit Agreement is hereby amended by deleting the final
sentence of such Section 4.6.
     2. Effectiveness. This Amendment shall become effective on the date the
Administrative Agent has received counterparts of this Amendment executed by the
Borrower, the Administrative Agent and the Required Lenders.
     3. Payment of Fees and Expenses. The Borrower agrees to pay or reimburse
the Administrative Agent for all of its out-of-pocket costs and reasonable
expenses incurred in connection with this Amendment and any other documents
prepared in connection herewith and the transactions contemplated hereby,
including, without limitation, the reasonable fees and disbursements of counsel
to the Administrative Agent.
     4. Representations and Warranties. After giving effect to this Amendment,
the Borrower hereby confirms, reaffirms and restates the representations and
warranties set forth in Section 4 of the Existing Credit Agreement as if made on
and as of the date hereof except for any representation or warranty made as of
the earlier date, which representation or warranty shall have been true and
correct in all material respects as of such earlier date, and except that the
representations and warranties set forth in Sections 4.2 and 4.7 are not hereby
restated.
     5. Governing Law; Counterparts.

 

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     (a) This Amendment and the rights and obligations of the parties hereto
shall be governed by, and construed and interpreted in accordance with, the laws
of the State of New York.
     (b) This Amendment may be executed by one or more of the parties to this
Agreement in any number of separate counterparts, and all of said counterparts
taken together shall be deemed to constitute one and the same instrument. A set
of the copies of this Amendment signed by all the parties shall be lodged with
the Borrower and the Administrative Agent. This Amendment may be delivered by
facsimile transmission of the relevant signature pages hereof.
[SIGNATURE PAGES FOLLOW]

 

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

                  SOUTHERN CALIFORNIA EDISON COMPANY    
 
           
 
  By   George Tabata    
 
  Name:  
 
George Tabata    
 
  Title:   Assistant Treasurer    
 
                JPMORGAN CHASE BANK, N.A.,              as Administrative Agent
and as a Lender    
 
           
 
  By   Juan J. Javellana    
 
  Name:  
 
Juan J. Javellana    
 
  Title:   Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: JPMorgan Chase Bank, N.A.

             
 
  By   Juan J. Javellana    
 
  Name:  
 
Juan J. Javellana    
 
  Title:   Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.

         
 
  Name of Institution:   The Bank of Tokyo-Mitsubishi UFJ, LTD.
 
      New York Branch

             
 
  By   Spencer Hughes    
 
  Name:  
 
Spencer Hughes    
 
  Title:   Authorized Signatory    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: Bank of America, N.A.

             
 
  By   Richard Stein    
 
  Name:  
 
Richard Stein    
 
  Title:   Senior Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: CREDIT SUISSE, Cayman Islands Branch

             
 
  By   Mikhail Faybusovich    
 
  Name:  
 
Mikhail Faybusovich    
 
  Title:   Vice President    
 
           
 
  By   Shaheen Malik    
 
  Name:  
 
Shaheen Malik    
 
  Title:   Associate    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: City National Bank

             
 
  By   Brandon Feitelson    
 
  Name:  
 
Brandon Feitelson    
 
  Title:   Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: William Street Commitment Corporation

             
 
  By   Mark Walton    
 
  Name:  
 
Mark Walton    
 
  Title:   Assistant Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: Sumitomo Mitsui Banking Corporation

             
 
  By   Masakazu Hasegawa    
 
  Name:  
 
Masakazu Hasegawa    
 
  Title:   Joint General Manager    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: MERRILL LYNCH BANK USA

             
 
  By   Louis Alder    
 
  Name:  
 
Louis Alder    
 
  Title:   First Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: ABN AMRO Bank, N.V.

             
 
  By   Scott Donaldson    
 
  Name:  
 
Scott Donaldson    
 
  Title:   Director    
 
           
 
  By   Sanjay Remond    
 
  Name:  
 
Sanjay Remond    
 
  Title:   Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: ROYAL BANK OF SCOTLAND PLC

             
 
  By   Emily Freedman    
 
  Name:  
 
Emily Freedman    
 
  Title:   Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: Union Bank of California, N.A.

             
 
  By   Dennis G. Blank    
 
  Name:  
 
Dennis G. Blank    
 
  Title:   Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: Citigroup North America Inc.

             
 
  By   Nietzsche Rodricks    
 
  Name:  
 
Nietzsche Rodricks    
 
  Title:   Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 19, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: DEUTSCHE BANK AG NEW YORK BRANCH

             
 
  By   Marcus Tarlington    
 
  Name:  
 
Marcus Tarlington    
 
  Title:   Director    
 
           
 
  By   Rainer Meier    
 
  Name:  
 
Rainer Meier    
 
  Title:   Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 18, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: THE BANK OF NEW YORK MELLON

             
 
  By   Mark W. Rogers    
 
  Name:  
 
Mark W. Rogers    
 
  Title:   Vice President    

 

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SOUTHERN CALIFORNIA EDISON COMPANY
SIGNATURE PAGE TO SECOND AMENDMENT
DATED AS OF DECEMBER 16, 2008
The Lender signatory hereto hereby agrees and consents to the Second Amendment
to Credit Agreement.
Name of Institution: The Northern Trust Company

             
 
  By   John E. Burda    
 
  Name:  
 
John E. Burda    
 
  Title:   Senior Vice President