EXHIBIT 10.4
 
EXECUTION COPY
 
CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS
 
GLOBAL AMENDMENT (this “Amendment”), dated as of March 15, 2007, to the
following Credit Agreements:

(i) Five Year Credit Agreement, dated as of June 11, 2004, by and among CVS
Corporation (the “Borrower”), the lenders party thereto, Bank of America, N.A.,
Credit Suisse First Boston, and Wachovia Securities, Inc., as co-syndication
agents, ABN AMRO Bank N.V., as documentation agent, and The Bank of New York, as
administrative agent (the “2004 Five Year Credit Agreement”);

(ii) Five Year Credit Agreement, dated as of June 3, 2005, by and among the
Borrower, the lenders party thereto, Bank of America, N.A., Credit Suisse First
Boston, and Wachovia Bank, National Association, as co-syndication agents,
SunTrust Bank, as documentation agent, and The Bank of New York, as
administrative agent (the “2005 Five Year Credit Agreement”);

(iii) Five Year Credit Agreement, dated as of May 12, 2006, by and among the
Borrower, the lenders party thereto, Bank of America, N.A., Lehman Brothers Inc.
and Wachovia Bank, National Association, as co-syndication agents, KeyBank
National Association, as documentation agent, and The Bank of New York, as
administrative agent (the “2006 Five Year Credit Agreement”);

(iv) Five Year Credit Agreement, dated as of March 12, 2007, by and among the
Borrower, the lenders party thereto, Lehman Commercial Paper Inc. and Wachovia
Bank, National Association, as co-syndication agents, Morgan Stanley Senior
Funding, Inc., as documentation agent, and The Bank of New York, as
administrative agent (the “2007 Five Year Credit Agreement”); and

(v) 364 Day Credit Agreement, dated as of March 12, 2007, by and among the
Borrower, the lenders party thereto, Lehman Commercial Paper Inc. and Wachovia
Bank, National Association, as co-syndication agents, and The Bank of New York,
as administrative agent (the “2007 364 Day Credit Agreement” and, together with
the 2004 Five Year Credit Agreement, the 2005 Five Year Credit Agreement, the
2006 Five Year Credit Agreement and the 2007 Five Year Credit Agreement, the
“Credit Agreements”; each a “Credit Agreement”).

Except as otherwise provided herein, capitalized terms used herein which are not
defined herein shall have the meanings set forth in the applicable Credit
Agreements.
 
In consideration of the covenants, conditions and agreements hereinafter set
forth, and for other good and valuable consideration, the receipt and adequacy
of which are hereby
 

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acknowledged, and pursuant to Section 11.1 of each of the Credit Agreements, the
parties hereto hereby agree as follows:

1. The definition of “Intercompany Debt” in each of the Credit Agreements is
hereby amended to delete the word “demand” appearing in clause (ii) thereof.
 
2. Each of the Lenders hereby waives any Default or Event of Default that may
exist under any of the Credit Agreements solely as a result of the failure of
the Borrower to be in compliance with Section 8.1 of each of the Credit
Agreements without giving effect to this Amendment.
 
3. This Amendment shall become effective on and as of the date hereof as to each
of the Credit Agreements upon the receipt by The Bank of New York, as
Administrative Agent under each of the Credit Agreements, of counterparts of
this Amendment executed by the Borrower and the Required Lenders under each of
the Credit Agreements.
 
4. Except as amended hereby, each of the Credit Agreements and the other Loan
Documents under each of the Credit Agreements shall remain in full force and
effect.
 
5. This Amendment may be executed in any number of separate counterparts and all
of said counterparts taken together shall be deemed to constitute one and the
same agreement. It shall not be necessary in making proof of this Amendment to
produce or account for more than one counterpart signed by the party to be
charged. A set of the copies of this Amendment signed by all of the parties
hereto shall be lodged with each of the Borrower and The Bank of New York, as
Administrative Agent under each of the Credit Agreements. Any party to this
Amendment may rely upon the signatures of any other party hereto which are
transmitted by fax or other electronic means to the same extent as if originally
signed.
 
6. This Amendment shall be governed by, and construed and interpreted in
accordance with, the laws of the State of New York.
 

[signature pages follow]

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

The parties have caused this Amendment to be duly executed as of the date first
written above.
 
 

 
CVS CORPORATION

By: /s/ Carol A. DeNale  
Name:  Carol A. DeNale  
Title: Vice President and Treasurer
         
THE BANK OF NEW YORK, in its
capacity as a Lender and in its
capacity as the Administrative Agent
under each of the Credit Agreements
       
By: /s/ Erin Morrissey  
Name: Erin Morrissey  
Title: Assistant Vice President 
       

 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

 
 

 
BANK OF AMERICA, N.A., as Co-Documentation Agent and a Lender
 

By:  /s/ John Pocalyko   
Name:  John Pocalyko    
Title:  Senior Vice President   

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

 

 
MORGAN STANLEY SENIOR FUNDING, INC., in its capacity
as Documentation Agent
 
By:  /s/ Elizabeth Hendricks  
Name:  Elizabeth Hendricks   
Title:  Vice President    

MORGAN STANLEY BANK, in its capacity
as a Lender

By:  /s/ Dawn M. Dawson   
Name:  Dawn M. Dawson   
Title:  Authorized Signatory 

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

 
 
 

 
HSBC BANK USA

By:  /s/ Martin J. Haythorne  
Name:  Martin J. Haythorne   
Title:  Managing Director 

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

  

 
 

 
KEYBANK NATIONAL ASSOCIATION

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

 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

  
 

 
SUMITOMO MITSUI BANKING CORPORATION

By:  /s/ Shigeru Tsuru   
Name:  Shigeru Tsuru    
Title:  Joint General Manager 

 
 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

  
 

 
ABN AMRO BANK N.V.

By:  /s/ Tracie Elliot   
Name:  Tracie Elliot    
Title:  Senior Vice President   

By:  /s/ David Carrington   
Name:  David Carrington   
Title:  Director  

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

 

 
WELLS FARGO BANK

By:  /s/ Donald Schwartz   
Name:  Donald Schwartz   
Title:  Senior Vice President   

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

  
 

 
SOVEREIGN BANK

By:  /s/ Robert F. Camara   
Name:  Robert F. Camara   
Title:  Vice President 

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

 
 

 
CHANG HWA COMMERICAL BANK, LTD.,
LOS ANGELES BRANCH

By:  /s/ Wen-Che Chen   
Name:  Wen-Che Chen   
Title:  VP & General Manager  

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

  
 

 
SUNTRUST BANK

By:  /s/ Richard C. Wilson   
Name:  Richard C. Wilson   
Title:  Managing Director 

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

 

 
MIZUHO CORPORATE BANK, LTD.

By:  /s/ Bertram H. Tang   
Name:  Bertram H. Tang   
Title:  Senior Vice President & Team Leader

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

 

 
REGIONS BANK

By:  /s/ Berkin Istanbulluoglu  
Name:  Berkin Istanbulluoglu   
Title:  Assistant Vice President  

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS
  

 

 
WACHOVIA BANK, NATIONAL ASSOCIATION

By:  /s/ Denis Waltrich   
Name:  Denis Waltrich    
Title:  Vice President  

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS
 
 

 

 
UNION BANK OF CALIFORNIA, N.A.

By:  /s/ Ching Lim    
Name:  Ching Lim    
Title:  Vice President  

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

 
 

 
NATIONAL CITY BANK

By:  /s/ Amanda M. Sigg   
Name:  Amanda M. Sigg   
Title:  Relationship Manager 

 
 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

 

 

 
THE NORTHERN TRUST COMPANY

By:  /s/ Ashish S. Bhagwat   
Name:  Ashish S. Bhagwat   
Title:  Vice President  

 

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CVS CORPORATION

GLOBAL AMENDMENT TO CREDIT AGREEMENTS

 

 

 
LEHMAN BROTHERS BANK, FSB

By:  /s/ Janine M. Shugan   
Name:  Janine M. Shugan   
Title:  Authorized Signatory

 
 
 
 

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