EXHIBIT 10.1

EXECUTION VERSION

FIFTH AMENDMENT

THIS FIFTH AMENDMENT (this “Agreement”) is dated as of May 1, 2019 by and among
JACK IN THE BOX INC., a Delaware corporation (the “Borrower”), certain Domestic
Subsidiaries of the Borrower party hereto (such subsidiaries, collectively, the
“Guarantors”, and each, a “Guarantor”), the banks and other financial
institutions or entities party hereto (the “Consenting Lenders”) and WELLS FARGO
BANK, NATIONAL ASSOCIATION, as administrative agent for the Lenders (in such
capacity, the “Administrative Agent”).

Statement of Purpose

The Borrower, the banks and other financial institutions party thereto (the
“Existing Lenders”) and the Administrative Agent are parties to that certain
Second Amended and Restated Credit Agreement dated as of March 19, 2014 (as
amended by that certain First Amendment and Waiver dated as of November 21,
2014, that certain Waiver, Joinder and Second Amendment dated as of July 1,
2015, that certain Third Amendment dated as of September 16, 2016, that certain
Fourth Amendment dated as of March 21, 2018 and as further amended, restated,
supplemented or otherwise modified from time to time, the “Credit Agreement”),
pursuant to which the Existing Lenders have extended certain credit facilities
to the Borrower.  All capitalized undefined terms used in this Agreement
(including, without limitation, in the introductory paragraph and this Statement
of Purpose hereof) shall have the meanings assigned thereto in the Credit
Agreement.

The Borrower has requested that the Consenting Lenders (including, without
limitation, the Existing Lenders) agree to amend the Credit Agreement as more
specifically set forth herein.  Subject to the terms and conditions set forth
herein, the Administrative Agent and each of the Consenting Lenders has agreed
to grant such request of the Borrower.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the parties hereto hereby agree as follows:

1.  Amendments to Credit Agreement.  Subject to the terms and conditions set
forth herein and the effectiveness of this Agreement in accordance with its
terms, the parties hereto agree that the Credit Agreement is amended by:

(a)  adding the following defined terms to Section 1.1 thereof in proper
alphabetical order:

(i)  “Beneficial Ownership Certification” means a certification regarding
beneficial ownership as required by the Beneficial Ownership Regulation.

(ii)  “Beneficial Ownership Regulation” means 31 CFR § 1010.230.

(b)  deleting the reference to “March 19, 2020” in clause (a) of the definition
of “Term Loan Maturity Date” in Section 1.1 thereof and replacing it with “March
19, 2021”;

(c)  deleting the reference to “March 19, 2020” in clause (a) of Section 2.6
thereof and replacing it with “March 19, 2021”;

(d)  adding a new Section 1.10 as follows:

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“SECTION 1.10       Divisions.  For all purposes under the Loan Documents, in
connection with any division or plan of division under Delaware law (or any
comparable event under a different jurisdiction’s laws): (a) if any asset,
right, obligation or liability of any Person becomes the asset, right,
obligation or liability of a different Person, then it shall be deemed to have
been transferred from the original Person to the subsequent Person, and (b) if
any new Person comes into existence, such new Person shall be deemed to have
been organized on the first date of its existence by the holders of its Capital
Stock at such time.”

(e)  amending and restating the table in Section 4.3 thereof as follows:

Payment Date Installment Payment Amount September 30, 2015 $3,906,250 December
31, 2015 $3,906,250 March 31, 2016 $3,906,250 June 30, 2016 $5,859,375 September
30, 2016 $5,859,375 December 31, 2016 $13,688,965 March 31, 2017 $13,688,965
June 30, 2017 $13,688,965 September 30, 2017 $13,688,965 December 31, 2017
$13,688,965 March 31, 2018 $8,000,688.20 June 30, 2018 $10,667,584.08 September
30, 2018 $10,667,584.08 December 31, 2018 $10,667,584.08 March 31, 2019
$10,667,584.08 June 30, 2019 $10,667,584.08 September 30, 2019 $10,667,584.08
December 31, 2019 $10,667,584.08 March 31, 2020 $10,667,584.08 June 30, 2020
$10,667,584.08 September 30, 2020 $10,667,584.08 December 31, 2020
$10,667,584.08 Term Loan Maturity Date Remainder of Term Loan Facility

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(f)  amending Section 8.4 by (i) deleting the word “and” at the end of clause
(c) thereof; (ii) replacing the period at the end of clause (d) thereof with “;
and” and (iii) adding the following as a new clause (e): “(e)   Promptly notify
the Administrative Agent and each Lender at any time that the Borrower ceases to
be excluded from the definition of “legal entity customer” under the Beneficial
Ownership Regulation and promptly upon the reasonable request of the
Administrative Agent or any Lender, provide the Administrative Agent or directly
to such Lender, as the case may be, any information or documentation reasonably
requested by it for purposes of complying with the Beneficial Ownership
Regulation.”

(g)  amending Section 9.9(a) by adding the phrase “(including by division)”
immediately after the words “the creation or acquisition of any Domestic
Subsidiary” in clause (iii) thereof.

(h)   amending Section 9.10 by deleting the phrase “the Third Amendment and the
Fourth Amendment” in clause (a) thereof and replacing it with “this Agreement”.

(i)  amending Section 11.4 by adding the phrase “(including by division)”
immediately after the words “or enter into any similar combination with” in the
lead in to such section.

(j)   amending Section 11.5 by adding the phrase “, any division or similar
transaction” immediately after the words “the sale of any receivables and
leasehold interests” and immediately prior to the words “and any sale-leaseback
or any similar transaction” in the lead in to such section.

2.  Effectiveness.  Upon the satisfaction or waiver of each of the following
conditions, this Agreement shall be deemed to be effective:

(a)  the Administrative Agent shall have received counterparts of this Agreement
executed by the Administrative Agent, each of the Lenders and each of the Credit
Parties;

(b)  the Administrative Agent shall have received favorable opinions of counsel
to each Credit Party addressed to the Administrative Agent and the Lenders with
respect to the Credit Parties, this Agreement, the Loan Documents and such other
matters as the Administrative Agent shall reasonably request (which such
opinions shall permit reliance by the permitted assigns of the Administrative
Agent and each Lender);

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(c)  the Administrative Agent shall have received a certificate of a Responsible
Officer of each Credit Party certifying as to the incumbency and genuineness of
the signature of each officer of such Credit Party executing this Agreement and
each of the other Loan Documents to which it is a party and certifying that (A)
either (i)  the articles or certificate of incorporation or formation,
certificate of partnership or other organizational document, as applicable, of
such Credit Party (each of the foregoing, a “Charter Document”) and the bylaws,
operating agreement, partnership agreement or other governing document, as
applicable, of such Credit Party (each of the foregoing, an “Operating
Document”), in each case have not been amended, restated, supplemented or
otherwise modified since March 21, 2018 or (ii) that attached thereto are true,
correct and complete copies of any amendments, restatements, supplements or
modifications of such Charter Documents and Operating Documents entered into
since March 21, 2018 (and in the case of any amendments, restatements,
supplements or modifications of such Charter Documents, certified by the
secretary of state or other applicable Governmental Authority of the
jurisdiction of incorporation or organization of such Credit Party), and (B)
attached thereto are true, correct and complete copies of (i) resolutions duly
adopted by the board of directors or other applicable governing authority of
such Credit Party authorizing the transactions contemplated hereunder and the
execution, delivery and performance of this Agreement and the other applicable
Loan Documents to which it is a party, and (ii) each certificate of a recent
date of (1) the good standing of each Credit Party under the laws of its
jurisdiction of organization and (2) to the extent available from the applicable
jurisdiction, a certificate of the relevant taxing authorities of the
jurisdiction of organization of each Credit Party certifying that such Credit
Party has filed required tax returns and owes no delinquent taxes;

(d)  the Credit Parties shall have received all governmental, shareholder and
third party consents and approvals required (or any other material consents as
determined in the reasonable discretion of the Administrative Agent) in
connection with the transactions contemplated by this Agreement and the other
Loan Documents and the other transactions contemplated hereby and thereby and
all applicable waiting periods shall have expired without any action being taken
by any Person that could reasonably be expected to restrain, prevent or impose
any material adverse conditions on any of the Credit Parties or such other
transactions or that could seek or threaten any of the foregoing;

(e)  no action, proceeding, investigation, regulation or legislation shall have
been instituted, threatened or proposed before any Governmental Authority
(including the SEC and any state securities regulatory authorities) to enjoin,
restrain, or prohibit, or to obtain substantial damages in respect of, or which
is related to or arises out of this Agreement, the other Loan Documents or the
consummation of the transactions contemplated hereby or thereby, or which, in
the Administrative Agent’s sole discretion, would make it inadvisable to
consummate the transactions contemplated by this Agreement and such other Loan
Documents;

(f)  since September 30, 2018 no Material Adverse Effect, or circumstance or
condition that could reasonably be expected to result in a Material Adverse
Effect, has occurred;

(g)  each Credit Party shall have provided to the Administrative Agent and the
Lenders the documentation and other information requested by the Administrative
Agent in order to comply with the requirements of the Patriot Act, applicable
“know your customer” and anti-money laundering rules and regulations in each
case at least three (3) Business Days prior to the date hereof;

(h)  the Administrative Agent shall have received projections prepared by
management of the Borrower and calculated on a pro forma basis after giving
effect to this Agreement and in form and substance reasonably satisfactory to
the Administrative Agent; and

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(i)  receipt by (i) the Administrative Agent and Wells Fargo Securities, LLC of
any fees and reasonable and documented expenses required to be paid on or before
the effectiveness of this Agreement and (ii) Wells Fargo Securities, LLC, for
the account of each Consenting Lender that executes and delivers its signature
page to this Agreement to Wells Fargo Securities, LLC (or its counsel or
designee) on or prior to 5:00 p.m. (Eastern time) on April 10, 2019 (the
“Consent Date”), of a consent fee equal to 0.05% of the principal amount of the
Revolving Credit Commitment and outstanding Term Loans of such Consenting
Lender, as of the effectiveness of this Agreement.

Without limiting the generality of the provisions of the last paragraph of
Section 13.3 of the Credit Agreement, for purposes of determining compliance
with the conditions specified in this Section 2, each Lender that has signed
this Agreement shall be deemed to have consented to, approved or accepted or to
be satisfied with, each document or other matter required thereunder to be
consented to or approved by or acceptable or satisfactory to a Lender unless the
Administrative Agent shall have received notice from such Lender prior to the
proposed effective date hereof specifying its objection thereto.

3.  Limited Effect.  Except as expressly provided herein, the Credit Agreement
and the other Loan Documents shall remain unmodified and in full force and
effect.  This Agreement shall not be deemed (a) to be a waiver of, or consent
to, or a modification or amendment of, any other term or condition of the Credit
Agreement or any other Loan Document other than as expressly set forth herein,
(b) to prejudice any right or rights which the Administrative Agent or the
Lenders may now have or may have in the future under or in connection with the
Credit Agreement or the other Loan Documents or any of the instruments or
agreements referred to therein, as the same may be amended, restated,
supplemented or modified from time to time, or (c) to be a commitment or any
other undertaking or expression of any willingness to engage in any further
discussion with the Borrower, any of its Subsidiaries or any other Person with
respect to any other waiver, amendment, modification or any other change to the
Credit Agreement or the Loan Documents or any rights or remedies arising in
favor of the Lenders or the Administrative Agent, or any of them, under or with
respect to any such documents.  References in the Credit Agreement to “this
Agreement” (and indirect references such as “hereunder”, “hereby”, “herein”,
“hereof” or other words of like import) and in any Loan Document to the “Credit
Agreement” shall be deemed to be references to the Credit Agreement as modified
hereby.  

4.  Representations and Warranties.  The Borrower and each Guarantor represents
and warrants that (a) it has the corporate (or other applicable organizational)
power and authority to make, deliver and perform this Agreement and to perform
its obligations under the Credit Agreement as modified hereby, (b) it has taken
all necessary corporate or other action to authorize the execution and delivery
of this Agreement and the performance of this Agreement and the Credit Agreement
as modified hereby, (c) this Agreement has been duly executed and delivered on
behalf of such Person, (d) this Agreement and the Credit Agreement as modified
hereby constitute legal, valid and binding obligations of such Person,
enforceable against it in accordance with their respective terms, except as
enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or similar laws affecting the enforcement of
creditors’ rights generally and by general equitable principles (whether
enforcement is sought by proceedings in equity or at law), (e) each of the
representations and warranties made by the Borrower and the Guarantors in or
pursuant to this Agreement and the other Loan Documents to which it is a party
is true and correct in all material respects (except to the extent that such
representation and warranty is subject to a materiality or Material Adverse
Effect qualifier, in which case it shall be true and correct in all respects),
in each case on and as of the date hereof as if made on and as of the date
hereof, except to the extent that such representations and warranties relate to
an earlier date, in which case such representations and warranties are true and
correct in all material respects as of such earlier date, (f) no Default or
Event of Default has occurred and is continuing as of the date hereof or after
giving effect this Agreement and the other transactions contemplated hereby, (g)
the Borrower is not a “legal entity customer” within the definition under 31 CFR
§ 1010.230 and (h) since September 30, 2018 no Material Adverse Effect, or
circumstance or condition that could reasonably be expected to result in a
Material Adverse Effect, has occurred.

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5.  Acknowledgement and Reaffirmation.  By their execution hereof, the Borrower
and each Guarantor hereby expressly (a) consent to this Agreement and (b)
acknowledge that the covenants, representations, warranties and other
obligations set forth in the Credit Agreement, the Notes and the other Loan
Documents to which the Borrower or such Guarantor is a party remain in full
force and effect.  The parties agree that this Agreement shall not constitute a
novation of any of the Credit Agreement, the Notes or the other Loan
Documents.  Without limiting the foregoing, the Borrower and each Guarantor
hereby ratifies and reaffirms its grant of Liens on or security interests in any
of its properties pursuant to one or more of the Loan Documents as security for
the Obligations, and confirms and agrees that, subsequent to, and after giving
effect to this Agreement, such Liens and security interests shall continue to
secure all of the Obligations.  

6.  Costs, Expenses and Taxes.  The Borrower agrees to pay in accordance with
Section 14.2 of the Credit Agreement all invoiced and reasonable costs and
expenses of the Administrative Agent in connection with the preparation,
execution, delivery, administration of this Agreement and the other instruments
and documents to be delivered hereunder, including, without limitation, the
reasonable fees and out-of-pocket expenses of counsel for the Administrative
Agent with respect thereto and with respect to advising the Administrative Agent
as to its rights and responsibilities hereunder and thereunder.

7.  Execution in Counterparts.  This Agreement may be executed by one or more of
the parties to this Agreement on any number of separate counterparts, and all of
said counterparts taken together shall be deemed to constitute one and the same
instrument.  Delivery of an executed signature page of this Agreement by
facsimile transmission or other electronic transmission (e.g., by “.pdf” or
“.tif” format) shall be effective as delivery of a manually executed counterpart
hereof.  

8.  Governing Law.  This Agreement and the rights and obligations of the parties
under this Agreement shall be governed by, and construed and interpreted in
accordance with, the law of the State of New York (including Section 5-1401 and
Section 5-1402 of the General Obligations Law of the State of New York), without
reference to the conflicts or choice of law principles thereof.

9.  Loan Document.  Entire Agreement.  This Agreement is a Loan Document. This
Agreement is the entire agreement, and supersedes any prior agreements and
contemporaneous oral agreements, of the parties concerning its subject matter.

10.  Successors and Assigns.  This Agreement shall be binding on and inure to
the benefit of the parties hereto and their heirs, beneficiaries, successors and
permitted assigns.

11.  FATCA.  For purposes of determining withholding Taxes imposed under FATCA,
from and after the effective date of this Agreement, the Borrower and the
Administrative Agent shall treat (and the Lenders hereby authorize the
Administrative Agent to treat) this Agreement and the Credit Agreement as
modified hereby as not qualifying as a “grandfathered obligation” within the
meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

[Signature Pages Follow]

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

 

BORROWER:

  JACK IN THE BOX INC., as the Borrower  

By: /s/ Paul D. Melancon

Name: Paul D. Melancon

Title: Senior Vice President Finance, Controller &

Treasurer

 

GUARANTORS:

  JBX GENERAL PARTNER LLC, as a Guarantor   By: Jack in the Box Inc., as sole
member  

By: /s/ Paul D. Melancon

Name: Paul D. Melancon

Title: Senior Vice President Finance, Controller &

Treasurer

  JBX LIMITED PARTNER LLC, as a Guarantor   By: Jack in the Box Inc., as sole
member  

By: /s/ Paul D. Melancon

Name: Paul D. Melancon

Title: Senior Vice President Finance, Controller &

Treasurer

 

JACK IN THE BOX EASTERN DIVISION L.P., as a

Guarantor

  By: JBX General Partner LLC, as general partner   By: Jack in the Box Inc. as
sole member  

By: /s/ Paul D. Melancon

Name: Paul D. Melancon

Title: Senior Vice President Finance, Controller &

Treasurer

Jack in the Box Inc.
Fifth Amendment (2019)
Signature Page

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AGENT AND LENDERS:

 

WELLS FARGO BANK, NATIONAL ASSOCIATION, as
the Administrative Agent and a Consenting Lender

   

By: /s/ Darcy McLaren

Name: Darcy McLaren Title: Director

Jack in the Box Inc.
Fifth Amendment (2019)
Signature Page

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  BANK OF AMERICA, N.A., as a Consenting Lender    

By: /s/ Aron Frey

Name: Aron Frey Title: Director

Jack in the Box Inc.
Fifth Amendment (2019)
Signature Page

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COÖPERATIEVE RABOBANK U.A., NEW YORK
BRANCH (F/K/A COÖPERATIEVE CENTRALE
RAIFFEISEN-BOERENLEENBANK B.A.
“RABOBANK NEDERLAND” NEW YORK
BRANCH), as a Consenting Lender

 

By: /s/ Mark S. Abrams

Name: Mark S. Abrams Title: Managing Director    

By: /s/ Bart Sabel

Name: Bart Sabel Title: Vice President

Jack in the Box Inc.
Fifth Amendment (2019)
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  FIFTH THIRD BANK, as a Consenting Lender  

By: /s/ Jeff P. Poe

Name: Jeff P. Poe Title: Vice President

Jack in the Box Inc.
Fifth Amendment (2019)
Signature Page

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U.S. BANK NATIONAL ASSOCIATION, as a
Consenting Lender

   

By: /s/ Jeff Benedix

Name: Jeff Benedix Title: Vice President

Jack in the Box Inc.
Fifth Amendment (2019)
Signature Page

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REGIONS BANK, as a Consenting Lender

   

By: /s/ Jake Nash

Name: Jake Nash Title: Managing Director

Jack in the Box Inc.
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  MUFG UNION BANK, N.A., as a Consenting Lender    

By: /s/ Susan Swerdloff

Name: Susan Swerdloff Title: Managing Director

Jack in the Box Inc.
Fifth Amendment (2019)
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  CITIZENS BANK, N.A., as a Consenting Lender    

By: /s/ Terri Ringstrom

Name: Terri Ringstrom Title: Vice President

Jack in the Box Inc.
Fifth Amendment (2019)
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  BANK OF THE WEST, as a Consenting Lender  

By: /s/ Douglas Lambell

Name: Douglas Lambell Title: Director

Jack in the Box Inc.
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COMPASS BANK, as a Consenting Lender

   

By: /s/ Jeffrey S. Piccinelli

Name: Jeffrey S. Piccinelli Title: Senior Vice President

Jack in the Box Inc.
Fifth Amendment (2019)
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  MORGAN STANLEY BANK, N.A., as a Consenting Lender    

By: /s/ Michael King

Name: Michael King Title: Authorized Signatory

Jack in the Box Inc.
Fifth Amendment (2019)
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FIRST TENNESSEE BANK NATIONAL
ASSOCIATION, as a Consenting Lender

   

By: /s/ Javier Nunez

Name: Javier Nunez Title: Authorized Signatory

Jack in the Box Inc.
Fifth Amendment (2019)
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JPMORGAN CHASE BANK, N.A., as a Consenting
Lender

   

By: /s/ Lynn Braun

Name: Lynn Braun Title: Executive Director

Jack in the Box Inc.
Fifth Amendment (2019)
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  CADENCE BANK, N.A., as a Consenting Lender    

By: /s/ Josh Taylor

Name: Josh Taylor Title: Senior Vice President

Jack in the Box Inc.
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CRÉDIT INDUSTRIEL ET COMMERCIAL, as a
Consenting Lender

   

By: /s/ Clifford Abramsky

Name: Clifford Abramsky Title: Managing Director    

By: /s/ Brian Moriarty

Name: Brian Moriarty Title: Vice President

Jack in the Box Inc.
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  CITY NATIONAL BANK, as a Consenting Lender    

By: /s/ Jeanine Smith

Name: Jeanine Smith Title: Senior Vice President

Jack in the Box Inc.
Fifth Amendment (2019)
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  CAPITAL ONE, N.A., as a Consenting Lender    

By: /s/ Maurizio Maris

Name: Maurizio Maris Title: Senior Manager

Jack in the Box Inc.
Fifth Amendment (2019)
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  MANUFACTURERS BANK, as a Consenting Lender    

By: /s/ De Dao

Name: De Dao Title: Vice President

Jack in the Box Inc.
Fifth Amendment (2019)
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WEBSTER BANK, NATIONAL ASSOCIATION, as a
Consenting Lender

   

By: /s/ Robert E. Meditz

Name: Robert E. Meditz Title: Vice President

Jack in the Box Inc.
Fifth Amendment (2019)
Signature Page

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  RAYMOND JAMES BANK, N.A., as a Consenting Lender    

By: /s/ Douglas S. Marron

Name: Douglas S. Marron Title: Senior Vice President

Jack in the Box Inc.
Fifth Amendment (2019)
Signature Page