Third Amendment to Second Amended and Restated Credit Agreement



 Exhibit 10(16) 
 THIRD AMENDMENT TO 
 SECOND AMENDED AND RESTATED CREDIT AGREEMENT

 This Third Amendment to Second Amended and Restated Credit Agreement (this
“Amendment”) is executed effective as of December 3, 2008 (the “Effective Date”), by and among AZZ incorporated, a Texas corporation (“Borrower”), and Bank of
America, N.A., as Lender, Administrative Agent, Swing Line Lender and L/C Issuer (“Administrative Agent”). 
 A.         Borrower and Administrative Agent are party to that certain Second Amended and Restated Credit Agreement dated as of May 25, 2006 (as heretofore
amended, modified, supplemented, restated or amended and restated from time to time, the “Agreement”). 
 B.         Borrower has requested that Administrative Agent amend certain terms and provisions of the Agreement. 

C.         Borrower and Administrative Agent have agreed, upon the following
terms and conditions, to amend the Agreement subject to and upon the terms and conditions provided herein. 

NOW, THEREFORE, in consideration of the mutual promises herein contained, and for other valuable consideration,
the parties hereto agree as follows: 
 Section 1.  Defined Terms: References. Unless
otherwise specifically defined herein, each term used herein that is defined in the Agreement shall have the meaning assigned to such term in the Agreement. 
 Section 2.  Amendments to Agreement. Effective as of the Effective Date, but subject to satisfaction of the conditions precedent set forth in Section 3 hereof,
the Agreement is hereby amended as set forth below. 
 Section 7.01(f) of the Agreement is
amended to read in its entirety as follows: 
  

	 	“(f)	 Liens to secure the performance of bids, trade contracts and leases (other than Indebtedness), statutory obligations, surety and appeal bonds,
performance bonds and other obligations of like nature incurred in the ordinary course of business, to the extent that such Liens are required by the counterparties thereto.” 



Section 3. Conditions to Effectiveness. This Amendment shall become effective as of the Effective
Date when and if Administrative Agent has received the following: 
 (a)
        this Amendment, duly executed by Borrower, each Guarantor and Administrative Agent; 
 (b)         if requested by Administrative Agent, a certificate of a Responsible Officer, certifying the names and true signatures of the officers of Borrower
authorized to execute and deliver this Amendment; 
 (c)         (i) if
requested by Administrative Agent, for Borrower and each Guarantor that is not a partnership, copies of the resolutions of the Board of Managers or Board of Directors of Borrower or such Guarantor, approving and authorizing the execution, delivery
and performance by Borrower or such Guarantor of this Amendment and the transactions contemplated hereby, certified by a Responsible Officer of Borrower or such Guarantor; and (ii) for each Guarantor that is a partnership, evidence of approval
and authorization of the execution, delivery and performance by such Guarantor of this Amendment and the transactions contemplated hereby, accompanied by a certificate from the general partner or other appropriate managing partner; 







 (d)         if requested by
Administrative Agent, a certificate of a Responsible Officer (or general partner or other appropriate managing partner, as applicable) of each Guarantor, certifying the names and true signatures of the officers of such Guarantor authorized to
execute and deliver this Amendment; and 
 (e)         such other
assurances, certificates, Loan Documents, other documents, consents and opinions as Administrative Agent may reasonably require. 
 Section 4. Representations and Warranties of Borrower. Borrower represents and warrants to Administrative Agent as set forth below. 

(a)         The execution, delivery and performance by Borrower and each
Guarantor of this Amendment and the transactions contemplated hereby, and the Agreement, as amended hereby, have been duly authorized by all necessary corporate action and do not and will not (i) require any consent or approval of any
stockholder, member, partner, security holder or creditor of Borrower or such Guarantor, (ii) violate or conflict with any provision of Borrower’s or such Guarantor’s Articles of Incorporation, Bylaws, partnership agreement, limited
liability company agreement, or other organizational documents, (iii) result in or require the creation or imposition of any Lien upon or with respect to any property now owned or leased or hereafter acquired by Borrower or such Guarantor,
(iv) violate any Laws applicable to Borrower or such Guarantor (v) result in a breach of or constitute a default under, or cause or permit the acceleration of any obligation owed under, any indenture or loan agreement or any other material
agreement to which Borrower or such Guarantor is a party or by which Borrower or such Guarantor or any of its Property is bound or affected. 
 (b)         No authorization, consent, approval, order license or permit from, or filing, registration or qualification with, any Governmental Authority is or will
be required to authorize or permit under applicable Law the execution, delivery and performance by Borrower or any Guarantor of this Amendment and the transactions contemplated hereby, and the Agreement, as amended hereby. 

(c)         Each of this Amendment and the Agreement, as amended hereby, has
been duly executed and delivered by Borrower and each Guarantor and constitutes the legal, valid and binding obligation of Borrower and each Guarantor, enforceable against Borrower and each Guarantor in accordance with its terms, except as
enforcement may be limited by Debtor Relief Laws or equitable principles relating to the granting of specific performance and other equitable remedies as a matter of judicial discretion. 

(d)         The representations and warranties of Borrower contained in
Article V of the Agreement are true and correct as though made on and as of the Effective Date (except to the extent such representations and warranties expressly refer to an earlier date, in which case they were true and correct as of
such earlier date). 
 (e)         No Default or Potential Default
exists or would result from the effectiveness of this Amendment. 
 (f)
        Borrower and each Guarantor agrees to perform such acts and duly authorize, execute, acknowledge, deliver, file, and record such additional documents and certificates as Administrative Agent may
reasonably request in order to create, perfect, preserve, and protect the guaranties, assurances, and Liens granted, conveyed or assigned by the Agreement and the other Loan Documents. 







 Section 5. Reference to and Effect on Loan Documents.

 (a)         On and after the Effective Date, each reference in the
Agreement to “this Agreement,” “hereunder,” “hereof,” “herein” or any other expression of like import referring to the Agreement, and each reference in the other Loan Documents to “the Agreement,”
“thereunder,” “thereof,” “therein” or any other expression of like import referring to the Agreement, shall mean and be a reference to the Agreement as amended and modified by this Amendment. 

(b)         Except as specifically amended hereby, all provisions of the
Agreement and all Collateral Documents shall remain in full force and effect and are hereby ratified and confirmed. 
 (c)         Except as otherwise expressly provided herein, the execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right,
power or remedy of any Lender or Administrative Agent under any of the Loan Documents or constitute a waiver of any provision of any of the Loan Documents. 
 Section 6. Costs and Expenses. Borrower agrees to pay on demand all reasonable costs and expenses of Administrative Agent in connection with the preparation, execution and delivery of
this Amendment and the other instruments, agreements and Loan Documents to be delivered hereunder, including the reasonable fees and out-of-pocket expenses of counsel for Administrative Agent with respect thereto and with respect to advising
Administrative Agent as to its rights and responsibilities hereunder and thereunder. 
 Section 7.
Execution in Counterparts. This Amendment may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which taken
together shall constitute one and the same instrument. This agreement, when executed by the parties hereto, shall be a “Loan Document” as defined and referred to in the Agreement and the other Loan Documents. Delivery of an executed
counterpart hereof by fax shall be effective as the delivery of a manually executed counterpart hereof. 

Section 8. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF TEXAS. 
 Section 9. ENTIRETY. THIS
AMENDMENT, THE AGREEMENT, THE NOTES AND THE OTHER LOAN DOCUMENTS EMBODY THE FINAL, ENTIRE AGREEMENT AMONG THE PARTIES HERETO AND SUPERSEDE ANY AND ALL PRIOR COMMITMENTS, AGREEMENTS, REPRESENTATIONS, AND UNDERSTANDINGS, WHETHER WRITTEN OR ORAL,
RELATING TO THE SUBJECT MATTER HEREOF AND MAY NOT BE CONTRADICTED OR VARIED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OR DISCUSSIONS OF THE PARTIES HERETO. THERE ARE NO ORAL AGREEMENTS AMONG THE PARTIES HERETO.

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	AZZ incorporated
		
	By:	 	       /s/ Dana
Perry                                        
    

	Dana Perry, Vice President


  

			
	 BANK OF AMERICA, N.A., as
 Administrative Agent



  

			
		
	By:	 	       /s/ Allison W.
Connally                            

	 Name:  Allison W. Connally
 Title:  Senior Vice President



  

			
	 BANK OF AMERICA, N.A., as a
 Lender, L/C Issuer and Swing Line
 Lender



  

			
		
	By:	 	       /s/ Allison W.
Connally                            

	 Name:  Allison W. Connally
 Title:  Senior Vice President










 To induce Administrative Agent to enter into this Amendment, the undersigned hereby consent
and agree (a) to its execution and delivery and terms and conditions thereof, (b) that this document in no way releases, diminishes, impairs, reduces, or otherwise adversely affects any guaranties, assurances, or other obligations or
undertakings of any of the undersigned under any Loan Documents, and (c) waive notice of acceptance of this Amendment, which Amendment binds each of the undersigned and their respective successors and permitted assigns and inures to the benefit
of Administrative Agent and their respective successors and permitted assigns. 
 GUARANTORS: 

AAA GALVANIZING - JOLIET, INC. 
 AAA GALVANIZING - DIXON, INC. 
 AAA GALVANIZING - CHELSEA, INC.

 AAA GALVANIZING - HAMILTON, INC. 
 AAA GALVANIZING - PEORIA, INC. 
 AAA GALVANIZING - WINSTED, INC.

 AZTEC INDUSTRIES, INC. 
 THE CALVERT COMPANY, INC. 
 GULF COAST GALVANIZING, INC. 

ARKGALV, INC. 
 ARBOR-CROWLEY, INC. 
 ATKINSON INDUSTRIES, INC. 

AZTEC INDUSTRIES, INC. - MOSS POINT 
 AUTOMATIC PROCESSING INCORPORATED 
 ARIZONA GALVANIZING, INC.

 HOBSON GALVANIZING, INC. 
 CGIT SYSTEMS, INC. 
 WESTSIDE GALVANIZING SERVICES, INC. 

CARTER AND CRAWLEY, INC. 
 CENTRAL ELECTRIC COMPANY 
 CENTRAL ELECTRIC MANUFACTURING

             COMPANY 

ELECTRICAL POWER SYSTEMS, INC. 
 WITT GALVANIZING - CINCINNATI, INC. 
 WITT GALVANIZING - MUNCIE, INC.

 WITT GALVANIZING - PLYMOUTH, INC. 
 AZTEC MANUFACTURING PARTNERSHIP, LTD. 
 By: AZZ GROUP,
LP, its General Partner 

              By: AZZ GP, LLC, its
General Partner 
 AZTEC MANUFACTURING - WASKOM 

        PARTNERSHIP, LTD. 

By: AZZ GROUP, LP, its General Partner 

              By: AZZ GP, LLC, its
General Partner 







 RIG-A-LITE PARTNERSHIP, LTD. 

By: AZZ GROUP, LP, its General Partner 
 By: AZZ GP, LLC, its General Partner 

INTERNATIONAL GALVANIZERS 
 PARTNERSHIP, LTD. 
 By: AZZ GROUP, LP, its
General Partner 
 By: AZZ GP, LLC, its General Partner 

DRILLING RIG ELECTRICAL SYSTEMS CO. 
 PARTNERSHIP, LTD. 
 By: AZZ GROUP, LP, its
General Partner 
 By: AZZ GP, LLC, its General Partner 

AZZ GROUP, LP 
 By: AZZ GP, LLC, its General Partner 
 AZZ
GP, LLC 
 AZZ LP, LLC 
 AZZ HOLDINGS, INC. 
 By:
        /s/ Dana L. Perry                   

              Dana L. Perry, Secretary of each of the foregoing