Exhibit 10.1
EXECUTION COPY
AMENDMENT NO. 2 TO THE
CREDIT AGREEMENT
Dated as of January 10, 2019
AMENDMENT NO. 2 TO THE CREDIT AGREEMENT among ADVANCE STORES COMPANY,
INCORPORATED, a Virginia corporation (the “Borrower”), ADVANCE AUTO PARTS, INC.,
a Delaware corporation (“Parent”), the banks, financial institutions and other
institutional lenders parties to the Credit Agreement referred to below
(collectively, the “Lenders”) and BANK OF AMERICA, N.A., as administrative agent
(the “Administrative Agent”) for the Lenders.
PRELIMINARY STATEMENTS:
(1)    The Borrower, Parent, the Lenders and the Administrative Agent are
parties to a Credit Agreement dated as of January 31, 2017 (as amended by
Amendment No. 1 dated as of January 31, 2018, the “Credit Agreement”).
Capitalized terms not otherwise defined in this Amendment shall have the same
meanings as specified in the Credit Agreement.
(2)    The Borrower, Parent and the Lenders have agreed to amend the Credit
Agreement as hereinafter set forth.
Section 1. Amendments to Credit Agreement. The Credit Agreement is, effective as
of the date hereof and subject to the satisfaction of the conditions precedent
set forth in Section 2, hereby amended as follows:
(a)    A new definition of “Insurance Subsidiary” is added to Section 1.01 in
appropriate alphabetical order to read as follows:
“Insurance Subsidiary” means each wholly owned Subsidiary of Parent that is
maintained as a special purpose self-insurance subsidiary and any of its
Subsidiaries.
(b)    The definition of “Adjusted Consolidated Net Income” in Section 1.01 is
amended to replace each use of the phrase “the Borrower” therein with the word
“Parent”.
(c)    The definition of “Guarantee Requirement” in Section 1.01 is amended in
full to read as follows:
“Guarantee Requirement” means, at any time, the requirement that (a) the
Guarantee Agreement (or a supplement thereto) shall have been executed by Parent
and each Material Subsidiary (other than an SPE Subsidiary or an Insurance
Subsidiary), shall have been delivered to the Administrative Agent and shall be
in full force and effect and (b) as to each Material Subsidiary (other than an
SPE Subsidiary or an Insurance Subsidiary) that shall become a party to the
Guarantee Agreement after the Effective Date, the Administrative Agent shall
have received documents comparable to those delivered under paragraphs (b), (c)
and (e) of Section 4.01 with respect to Subsidiaries party to such Guarantee
Agreement on the Effective Date.

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(d)    Section 1.03 is amended by adding to the end thereof the following new
paragraph:

Any reference herein to a merger, transfer, consolidation, amalgamation,
consolidation, assignment, sale, disposition or transfer, or similar term, shall
be deemed to apply to a division of or by a limited liability company, or an
allocation of assets to a series of a limited liability company (or the
unwinding of such a division or allocation), as if it were a merger, transfer,
consolidation, amalgamation, consolidation, assignment, sale, disposition or
transfer, or similar term, as applicable, to, of or with a separate Person. Any
division of a limited liability company shall constitute a separate Person
hereunder (and each division of any limited liability company that is a
Subsidiary, joint venture or any other like term shall also constitute such a
Person or entity).
(e)    Section 2.22(f) is amended by replacing the phrase “the Borrowers” with
the phrase “the Borrower”.

(f)    Section 3.07(b) is amended by replacing the word “Holdings” with the word
“Parent”.

(g)    Section 3.12 is amended by replacing the phrase "the Borrower and the
Borrower's Subsidiaries" with the phrase "the Borrower, the Borrower's
Subsidiaries and the Insurance Subsidiaries".
        
(h)    Section 5.02 is amended by replacing the phrase “the Borrowers” with the
phrase “the Loan Parties”.

(i)    Section 6.01 is amended by restating the introductory clause in full to
read as follows:

Parent will not permit any Subsidiary to create, incur, assume or permit to
exist any Indebtedness (including pursuant to any Guarantee of Indebtedness of
Parent, the Borrower or any other Subsidiary), except:
(j)    Section 6.01(b) is amended by replacing each instance of the phrase “the
Borrower” with the word “Parent”.
(k)    Section 6.02(b) is amended in full to read as follows:

(b) Parent will not, and will not permit any Insurance Subsidiary to, create,
incur, assume or permit to exist any Lien on any property or asset now owned or
hereafter acquired by it (other than Excluded Margin Stock), or assign or sell
any income or revenues (including accounts receivable) or rights in respect
thereof, except Permitted Encumbrances.
(l)    Section 6.03(c) is amended by (i) replacing the phrase “of the Borrower”
in the first sentence with the phrase “of the Borrower and the Insurance
Subsidiaries”, (ii) replacing the phrase “of the Borrower” in clause (i) of the
first parenthetical clause of the second sentence with the phrase “of the
Borrower and any Insurance Subsidiary”, (iii) replacing the phrase “in the
Borrower” in clause (ii) of the first parenthetical clause of the second
sentence with the phrase “in the Borrower or any Insurance Subsidiary” and (iv)
replacing the last sentence in full with “Parent will not have any Subsidiaries
other than the Insurance Subsidiaries, the Borrower and Subsidiaries of the
Borrower (including SPC Subsidiaries).”
(m)    Section 6.06 is amended by (i) replacing each instance of the phrase
“permit any Subsidiary to” with the phrase “permit any Subsidiary (other than an
Insurance Subsidiary) to”, (ii)

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replacing the phrase “advances to the Borrower or any other Subsidiary” in
clause (b) with the phrase “advances to Parent, the Borrower or any other
Subsidiary” and (iii) replacing the phrase “, other than a SPE Subsidiary” in
the third proviso with the phrase “, other than an Insurance Subsidiary or SPE
Subsidiary”.
(n)    Section 6.08 is amended by replacing the phrase “The Borrower” with the
word “Parent”.
(o)    Section 6.09 is amended by replacing the phrase “The Borrower” with the
word “Parent”.
Section 2. Conditions of Effectiveness. Section 1 of this Amendment shall become
effective as of the date first above written when, and only when, the
Administrative Agent shall have received (a) counterparts of this Amendment
executed by the Borrower and the Required Lenders and (b) the Consent attached
hereto duly executed by each of the Guarantors parties to the Guarantee
Agreement. This Amendment is subject to the provisions of Section 9.02 of the
Credit Agreement.
Section 3. Representations and Warranties of the Borrower. The Borrower
represents and warrants as of the date hereof as follows:
(a)    no Default exists; and
(b)    the representations and warranties contained in Article III of the Credit
Agreement and the other Loan Documents are true and correct in all material
respects on and as of the date hereof, except to the extent that such
representations and warranties specifically refer to an earlier date, in which
case they are true and correct in all material respects as of such earlier date
(other than any such representation and warranty that is already qualified by
materiality or “Material Adverse Effect” in the text thereof, in which case such
representation and warranty shall be true and correct in all respects), and
except that for purposes of this Amendment, the representations and warranties
contained in subsections (a) and (c) of Section 3.04 of the Credit Agreement
shall be deemed to refer to the most recent statements furnished pursuant to
subsections (a) and (b), respectively, of Section 5.01 of the Credit Agreement).
Section 4. Reference to and Effect on the Credit Agreement and the Loan
Documents.
On and after the effectiveness of this Amendment, 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 each other Loan
Document 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 by this Amendment.
The Credit Agreement and each other Loan Document, as specifically amended by
this Amendment, are and shall continue to be in full force and effect and are
hereby in all respects ratified and confirmed.
The execution, delivery and effectiveness of this Amendment shall not, except as
expressly provided herein, operate as a waiver of any right, power or remedy of
any Lender or the Administrative Agent under the Credit Agreement, nor
constitute a waiver of any provision of the Credit Agreement.
This Amendment shall be deemed to constitute a Loan Document.

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Section 5. Costs and Expenses. The Borrower agrees to pay on demand all costs
and expenses of the Administrative Agent in connection with the preparation,
execution, delivery and administration, modification and amendment of this
Amendment and the other instruments and documents to be delivered hereunder
(including, without limitation, the reasonable fees and expenses of counsel for
the Administrative Agent) in accordance with the terms of Section 9.03 of the
Credit Agreement.
Section 6. Execution in Counterparts. This Amendment may be executed in any
number of counterparts and any party hereto may execute any counterpart, each of
which when executed and delivered will be deemed to be an original and all of
which counterparts of this Amendment, when taken together will be deemed to be
but one and the same instrument and execution of any such counterpart may be
evidenced by a telecopier or electronic transmission of the signature of such
party.
Section 7. Governing Law. This Amendment shall be governed by, and construed in
accordance with, the laws of the State of New York.

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective officers thereunto duly authorized, as of the date first
above written.
ADVANCE AUTO PARTS, INC.,
 
By:
/s/ Jeffrey W. Shepherd
 
Name: Jeffrey W. Shepherd
 
Title: Chief Financial Officer

ADVANCE STORES COMPANY, INCORPORATED,
 
By:
/s/ Jeffrey W. Shepherd
 
Name: Jeffrey W. Shepherd
 
Title: Chief Financial Officer

BANK OF AMERICA, N.A.,
as Administrative Agent
 
By:
/s/ Kelly Weaver
 
Name: Kelly Weaver
 
Title: Vice President

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Consent to the forgoing Amendment:

Bank of America, National Association as Lender
 
 
By:
/s/ Monica Sevila
 
Name: Monica Sevila
 
Title: Senior Vice President

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Consent to the forgoing Amendment:

JPMORGAN CHASE BANK, N.A.
 
 
By:
/s/ Gregory T. Martin
 
Name: Gregory T. Martin
 
Title: Authorized Signer

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Consent to the forgoing Amendment:

SunTrust Bank
 
 
By:
/s/ Mary K. Lundin
 
Name: Mary K. Lundin
 
Title: Director

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Consent to the forgoing Amendment:

U.S. BANK NATIONAL ASSOICATION
 
 
By:
/s/ Conan Schleicher
 
Name: Conan Schleicher
 
Title: Senior Vice President

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Consent to the forgoing Amendment:

Wells Fargo Bank, N.A.
 
 
By:
/s/ Irena Stavreska
 
Name: Irena Stavreska
 
Title: Managing Director

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Consent to the forgoing Amendment:

Branch Banking and Trust Company
 
 
By:
/s/ Kelly Attayek
 
Name: Kelly Attayek
 
Title: Assistant Vice President

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Consent to the forgoing Amendment:

DEUTSCHE BANK AG NEW YORK BRANCH
 
 
By:
/s/ Ming K. Chu
 
Name: Ming K. Chu
 
Title: Director
 
 
By:
/s/ Douglas Darman
 
Name: Douglas Darman
 
Title: Director

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Consent to the forgoing Amendment:

KeyBank National Association
 
 
By:
/s/ Marianne T. Meil
 
Name: Marianne T. Meil
 
Title: Senior Vice President

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Consent to the forgoing Amendment:

PNC BANK, NATIONAL ASSOCIATION
 
 
By:
/s/ David Notaro
 
Name: David Notaro
 
Title: SVP

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Consent to the forgoing Amendment:

ROYAL BANK OF CANADA
 
 
By:
/s/ Jason Clay
 
Name: Jason Clay
 
Title: Vice President

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Consent to the forgoing Amendment:

TD Bank, N.A.
 
 
By:
/s/ Mark Hogan
 
Name: Mark Hogan
 
Title: Senior Vice President

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Consent to the forgoing Amendment:

Bank of China, New York Branch
 
 
By:
/s/ Raymond Qiao
 
Name: Raymond Qiao
 
Title: Executive Vice President

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Consent to the forgoing Amendment:

Fifth Third Bank
 
 
By:
/s/ Mary Ramsey
 
Name: Mary Ramsey
 
Title: Senior Vice President

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Consent to the forgoing Amendment:

HSBC Bank USA, N.A.
 
 
By:
/s/ Jaime Eng Mariano
 
Name: Jaime Eng Mariano
 
Title: Senior Vice President

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Consent to the forgoing Amendment:

REGIONS BANK,
 
 
By:
/s/ Brand Hosford
 
Name: Brand Hosford
 
Title: Vice President

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CONSENT
Dated as of January 10, 2019
The undersigned, each as a Guarantor under the Guarantee Agreement dated as of
January 31, 2017 (the “Guarantee Agreement”) in favor of the Administrative
Agent for its benefit and the benefit of the Lenders parties to the Credit
Agreement referred to in the foregoing Amendment, hereby consents to the
Amendment and hereby confirms and agrees that notwithstanding the effectiveness
of the Amendment, the Guarantee Agreement is, and shall continue to be, in full
force and effect and is hereby ratified and confirmed in all respects, except
that, on and after the effectiveness of such Letter Amendment, each reference in
the Guarantee Agreement to the “Credit Agreement”, “thereunder”, “thereof” or
words of like import shall mean and be a reference to the Credit Agreement, as
amended by the Amendment.
AAP FINANCIAL SERVICES, INC.,
ADVANCE AUTO BUSINESS SUPPORT, LLC,
ADVANCE E-SERVICE SOLUTIONS, INC.,
ADVANCE TRUCKING CORPORATION,
AUTOPART INTERNATIONAL, INC.
B.W.P. DISTRIBUTORS, INC.,
CQ SOURCING, INC.,
CROSSROADS GLOBAL TRADING CORP.,
DRIVERSIDE, INC.,
GENERAL PARTS DISTRIBUTION LLC,
GENERAL PARTS INTERNATIONAL, INC.,
GENERAL PARTS, INC.,
GOLDEN STATE SUPPLY LLC,
GPI TECHNOLOGIES, LLC,
LEE HOLDINGS NC, INC.,
MOTOLOGIC, INC.,
STRAUS-FRANK ENTERPRISES LLC,
VALLEY MASTER PARTNERSHIP LLC
WESTERN AUTO OF PUERTO RICO, INC.,
WESTERN AUTO OF ST. THOMAS, INC.,
WORLDPAC PUERTO RICO, LLC,
WORLDPAC, INC.,
WORLDWIDE AUTO PARTS
as Guarantors,
        By:
 
/s/ Jeffrey W. Shepherd
 
Name: Jeffrey W. Shepherd
 
Title: Chief Financial Officer

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ADVANCE AUTO INNOVATIONS, LLC,
ADVANCE PATRIOT, INC.,
DISCOUNT AUTO PARTS, LLC,
E-ADVANCE, LLC,
as Guarantors,
        By:
 
/s/ Jeffrey W. Shepherd
 
Name: Jeffrey W. Shepherd
 
Title: Treasurer