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EXHIBIT 4.2

DESCRIPTION OF THE SECURITIES OF POOL CORPORATION
REGISTERED UNDER SECTION 12 OF THE
SECURITIES EXCHANGE ACT OF 1934

As of December 31, 2019, Pool Corporation, a Delaware corporation (the “Corporation”) has one class of securities registered under Section 12 of the Securities Exchange Act of 1934, as amended: our Common Stock, par value $.001 per share (the “Common Stock”).

The following summary description of our Common Stock is subject to and qualified in its entirety by reference to our Restated Certificate of Incorporation and our Amended and Restated Bylaws (the “Bylaws”), each of which are incorporated by reference as an exhibit to our Annual Report on Form 10-K, and the laws of the State of Delaware.

Authorized Capital Shares

The total number of shares of stock which the Corporation has authority to issue is 101,000,000, consisting of: 1,000,000 shares of Preferred Stock, par value $.01 per share (the “Preferred Stock”), and 100,000,000 shares of Common Stock. All Preferred Stock and Common Stock shall be issued as fully paid and non-assessable shares, and any holder thereof shall not be liable for any further payments in respect thereof.  Our Common Stock is not redeemable at the option of the Corporation. No holder of Preferred Stock or Common Stock is entitled, as such, as a matter of right, to preemptive or subscription rights to purchase any securities of the Corporation.  Holders of Common Stock have no conversion rights, and there are no sinking fund provisions applicable to the Common Stock.  As of December 31, 2019, there were no shares of Preferred Stock outstanding.

Preferred Stock

The Corporation’s Board of Directors may, without further action by the holders of the Corporation’s Common Stock, from time to time, direct the issuance of up to 1,000,000 shares of Preferred Stock in series and, may, at the time of issuance, determine the rights, preferences and limitations of each series, including but not limited to voting rights, dividend rights, redemption rights, rights upon liquidation of the Corporation, conversion rights, limitations or restrictions upon the payment of dividends or making of other distributions on and upon the acquisition by the Corporation of Common Stock, and any other preference or special rights not inconsistent with the Restated Certificate of Incorporation. Because holders of shares of Preferred Stock rank senior to the Common Stock as to payment of dividends, satisfaction of any dividend preferences of outstanding shares of Preferred Stock would reduce the amount of funds available for the payment of dividends on shares of Common Stock. Holders of shares of Preferred Stock may be entitled to receive a preference payment in the event of any liquidation, dissolution or winding-up of the Corporation before any payment is made to the holders of shares of Common Stock. Accordingly, the Board of Directors of the Corporation, without approval of the holders of Common Stock, may issue shares of Preferred Stock with voting, conversion and other rights which could adversely affect holders of shares of Common Stock. 

Voting Rights

The holders of Common Stock are entitled to one vote per share on all matters to be voted on by the Corporation’s stockholders. The holders of Common Stock do not have cumulative voting rights.

The holders of a majority of the outstanding shares of capital stock, present in person or represented by proxy, shall constitute a quorum at all meetings of the stockholders, except as otherwise provided by statute or by the Restated Certificate of Incorporation. 

When a quorum is present, the affirmative vote of the majority of shares present in person or represented by proxy at the meeting and entitled to vote on the subject matter shall be the act of the stockholders, unless the 

question is one upon which by express provisions of an applicable law or of the Restated Certificate of Incorporation a different vote is required, in which case such express provision shall govern and control the decision of such question. Subject to the rights of the holders of any class or series of capital stock of the Corporation and except as otherwise required by law or the Corporation’s Restated Certificate of Incorporation, each director to be elected by the stockholders must receive a majority of the votes cast with respect to the election of that director at any meeting for the election of directors at which a quorum is present, provided that if the number of nominees exceeds the number of directors to be elected in a contested election, the directors will be elected by a plurality of the shares represented in person or by proxy at the meeting and entitled to vote on the election of directors. If a director nominee who is an incumbent director is not elected and no successor has been elected at the same meeting, the director must submit to the Board of Directors promptly after the certification of the election results a letter offering to resign from the Board of Directors (a "Resignation Offer”). The Nominating and Corporate Governance Committee will consider the Resignation Offer and will make a recommendation to the Board of Directors whether to accept the Resignation Offer, reject the Resignation Offer or take other action. The Board of Directors, taking into account the Nominating and Corporate Governance Committee’s recommendation and any other factors they deem relevant, will act on each Resignation Offer within 90 days from the date of the certification of the election results.

Directors elected by holders of stock of the Corporation entitled to vote generally in the election of directors may be removed at any time by a majority vote of such stockholders.

Proxy Access Nominations

Pursuant to the Corporation’s Bylaws, in connection with an annual meeting of stockholders, a stockholder, or a group of up to 20 stockholders, owning three percent or more shares of the outstanding Common Stock of the Corporation continuously for the prior three years, may nominate and include in the Corporation’s proxy materials stockholder nominees for election to the Board constituting the greater of two stockholder nominees or 20% of the total number of directors in office (rounded down to the nearest whole number), subject to compliance with the requirements set forth in the Bylaws. This process is subject to additional eligibility, procedural and disclosure requirements set forth in the Bylaws.

Stockholder Action by Written Consent

Any action required to be taken at any annual or special meeting of stockholders of the Corporation, or any action which may be taken at any annual or special meeting of such stockholders, may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the action so taken and bearing the dates of signature of the stockholders who signed the consent or consents, shall be signed by the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted, subject to compliance with certain other requirements as provided by law and pursuant to the Corporation’s Bylaws.

Dividend Rights

The holders of outstanding shares of Common Stock are entitled to receive dividends out of assets legally available therefor at such time and in such amounts as the Board of Directors may from time to time determine. As and when dividends are declared or paid thereon, whether in cash, property or securities of the Corporation, the holders of Common Stock shall be entitled to participate in such dividends ratably on a per share basis. The rights of the holders of Common Stock to receive dividends are subject to the provisions of the Preferred Stock.

Liquidation Rights

Upon liquidation, dissolution or winding-up of the Corporation, the holders of Common Stock shall be entitled to participate ratably on a per share basis in all distributions to the holders of the Common Stock, after payment of all debts and other liabilities and subject to the prior rights of any holders of Preferred Stock then outstanding.

Limitations on Liability and Indemnification of Officers and Directors
The Restated Certificate of Incorporation limits the liability of the Corporation’s directors to the Corporation and its stockholders for monetary damages for a breach of fiduciary duty as a director to the fullest extent permitted by the Delaware General Corporation Law.  In addition, the Restated Certificate of Incorporation and Bylaws provide that the Corporation shall indemnify directors and officers of the Corporation to the fullest extent permitted by law.

Transfer Agent and Registrar

Computershare Trust Company, N.A. is the transfer agent and registrar for our Common Stock.

Listing

The Common Stock is traded on the Nasdaq Global Select Market under the trading symbol "POOL."

Certain Anti-Takeover Provisions

Certain provisions of our Restated Certificate of Incorporation and our Bylaws may have the effect of delaying, deferring or preventing a change in control of the Corporation. Such provisions, including those regulating the nomination of directors and submission of shareholder proposals, limiting who may call special stockholders’ meetings and allowing the Corporation’s Board of Directors to designate certain terms of and issue shares of Preferred Stock, may make it more difficult for other persons, without the approval of our Board of Directors, to make a tender offer or otherwise acquire substantial amounts of Common Stock or to launch other takeover attempts that a stockholder might consider to be in such stockholder's best interest.

D.G.C.L. Section 203

The Corporation has expressly elected not to be governed by the provisions of Section 203 of the Delaware General Corporation Law regulating corporate takeovers. This section prevents certain Delaware corporations, under certain circumstances, from engaging in a business combination with (i) a stockholder who owns 15% or more of our outstanding voting stock, otherwise known as an interested stockholder, (ii) an affiliate of an interested stockholder, or (iii) an associate of an interested stockholder, for three years following the date that the stockholder became an interested stockholder.

Advance Notice Procedure for Director Nominations and Stockholder Proposals

Our Bylaws establish advance notice procedures with respect to stockholder proposals and the nomination of candidates for election as directors, other than nominations made by or at the direction of the Board of Directors or a committee of the Board of Directors. In order for any matter to be “properly brought” before a meeting, a stockholder will have to comply with advance notice requirements and provide us with certain information. Generally, to be timely, a stockholder’s notice must be received at our principal executive offices not more than 270 and not less than 120 days in advance of the first anniversary of the date on which proxy materials were first mailed by the Corporation in connection with the previous year's annual meeting, or, in the event of a special meeting of stockholders or an annual meeting scheduled to be held either 30 days earlier or later than the preceding year's annual meeting, such notice shall be received by the Secretary of the Corporation within 15 days of the earlier of the date on which notice of such meeting is first mailed to stockholders or public disclosure of the meeting date is made. The Bylaws also specify requirements as to the form and content of a stockholder’s notice. These provisions may defer, delay or discourage a potential acquirer from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or otherwise attempting to influence or obtain control of our Company. 

Special Stockholder Meetings

The Bylaws provide that special meetings of our stockholders may be called at any time only by or at the direction of the Board of Directors or the chairperson of the Board of Directors or president. These provisions may have the effect of deferring, delaying or discouraging hostile takeovers, or changes in control or management of the Corporation.

Authorized but Unissued Capital Stock

One of the effects of the existence of authorized but unissued Common Stock and undesignated Preferred Stock may be to enable the Board of Directors to make more difficult or to discourage an attempt to obtain control of the Corporation by means of a merger, tender offer, proxy contest or otherwise, and thereby to protect the continuity of management. If, in the due exercise of its fiduciary obligations, the Board of Directors were to determine that a takeover proposal was not in the Corporation’s best interest, such shares could be issued by our Board of Directors without shareholder approval in one or more transactions that might prevent or render more difficult or costly the completion of the takeover transaction by diluting the voting or other rights of the proposed acquirer or insurgent shareholder group, by putting a substantial voting block in institutional or other hands that might undertake to support the position of the incumbent Board of Directors, by effecting an acquisition that might complicate or preclude the takeover, or otherwise. 
In addition, our Restated Certificate of Incorporation grants the Board of Directors broad power to establish the rights and preferences of authorized and unissued shares of Preferred Stock. The issuance of shares of Preferred Stock could decrease the amount of earnings and assets available for distribution to holders of shares of Common Stock. The issuance also may adversely affect the rights and powers, including voting rights, of those holders and may have the effect of delaying, deterring or preventing a change in control of the Corporation.Document

EXHIBIT 10.16

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT 
AND FIRST AMENDMENT TO AMENDED AND RESTATED SUBSIDIARY GUARANTY AGREEMENT
THIS SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT AND FIRST AMENDMENT TO AMENDED AND RESTATED SUBSIDIARY GUARANTY AGREEMENT (this “Amendment”) is dated as of November [_], 2019, by and among POOL CORPORATION, a Delaware corporation (the “US Borrower”), SCP DISTRIBUTORS CANADA INC., a company organized under the laws of Ontario (the “Canadian Borrower”), SCP INTERNATIONAL, INC., a Delaware corporation (the “Euro Borrower” and, collectively with the US Borrower and the Canadian Borrower, the “Borrowers”), SCP POOL B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid), incorporated under the laws of the Netherlands, having its seat (statutaire zetel) in Rotterdam, registered with the trade register of the Chambers of Commerce (Kamers van Koophandel) under file number 24293315 (the “Dutch Borrower”), the Subsidiary Guarantors party hereto, each Lender party hereto and WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent (in such capacity, the “Administrative Agent”).
Statement of Purpose
Each of the US Borrower, the Canadian Borrower and the Dutch Borrower (collectively, the “Existing Borrowers”) are party to that certain Amended and Restated Credit Agreement dated as of September 29, 2017 (as amended by that certain First Amendment to Amended and Restated Credit Agreement dated as of September 21, 2018, and as may be further amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among the Existing Borrowers, each lender party thereto (collectively, the “Lenders” and, each individually, a “Lender”) and the Administrative Agent. 
Certain Domestic Subsidiaries (collectively, the “Subsidiary Guarantors”) entered into that certain Amended and Restated Subsidiary Guaranty Agreement dated as of September 29, 2017 (as amended, restated, supplemented or otherwise modified from time to time, the “Subsidiary Guaranty Agreement”) in favor of the Administrative Agent for the benefit of itself and the other Guaranteed Parties. 
The US Borrower has informed the Administrative Agent that it plans to (a) enter into a transaction or series of transactions whereby it will dissolve, liquidate, wind-up or merge out of existence the Dutch Borrower under the laws of the Netherlands (any such actions, collectively, the “SCP Pool B.V. Transition”), and (b) assign all of the obligations of the Dutch Borrower under the Loan Documents to the Euro Borrower and the Euro Borrower will assume all of the rights and obligations of the Dutch Borrower under the Loan Documents.
The Borrowers have requested, and the Administrative Agent and the Lenders have agreed, subject to the terms and conditions set forth herein, to consent to the SCP Pool B.V. Transition and to amend the Credit Agreement and the Subsidiary Guaranty Agreement, in each case as specifically set forth herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:
1. Capitalized Terms.  All capitalized undefined terms used in this Amendment (including, without limitation, in the Statement of Purpose hereto) shall have the meanings assigned thereto in the 
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Credit Agreement.  This Amendment shall be a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents.

2. Amendments to Credit Agreement.  Effective as of the Amendment Effective Date (as defined below) and subject to the terms and conditions set forth herein and in reliance upon representations and warranties set forth herein, the Credit Agreement is hereby amended as follows:

(a) the Credit Agreement (other than the signature pages and the Exhibits (except as otherwise specifically amended in clause (b) below) and Schedules attached thereto), is hereby amended to read in its entirety as set forth on Annex A attached hereto; and
(b) Exhibits A-1, A-2, A-3, A-4, B, C, D, E, F and G to the Credit Agreement are hereby amended to read in their entireties as set forth on Annex B attached hereto.
3. Amendments to Subsidiary Guaranty Agreement.  Effective as of the Amendment Effective Date, and subject to the terms and conditions set forth herein and in reliance upon representations and warranties set forth herein, the Subsidiary Guaranty Agreement is hereby amended by amending and restating the initial paragraph in the Statement of Purpose to read in its entirety as follows:

“Pursuant to the terms of the Amended and Restated Credit Agreement, dated of even date herewith (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among the US Borrower, SCP Distributors Canada Inc., a company organized under the laws of Ontario (the “Canadian Borrower”), SCP International, Inc., a Delaware corporation (the “Euro Borrower”, and collectively with the Canadian Borrower and the US Borrower, the “Borrowers”), the financial institutions from time to time parties thereto (the “Lenders”) and the Administrative Agent, the Lenders have agreed to make Extensions of Credit to the Borrowers upon the terms and subject to the conditions set forth therein.”

4. Consent.  By its execution hereof, effective as of the Amendment Effective Date, and subject to the terms and conditions set forth herein and in reliance upon representations and warranties set forth herein, each of the Lenders consents to the SCP Pool B.V. Transition and the assignment of the rights and obligations of the Dutch Borrower to the Euro Borrower as described in Section 8 below.

5. Effectiveness.  This Amendment shall become effective on the date when the following conditions shall have been satisfied or waived (such date, the “Amendment Effective Date”):

(a) The Administrative Agent shall have received each of the following (in form and substance reasonably satisfactory to the Administrative Agent):
(i) counterparts of this Amendment executed by the Borrowers, the Subsidiary Guarantors, the Administrative Agent, each of the Lenders, the Euro Lender and the Canadian Dollar Lender; 
(ii) a certificate of a Responsible Officer of the Euro Borrower certifying as to the incumbency and genuineness of the signature of each officer of the Euro Borrower executing Loan Documents to which it is a party and certifying that attached thereto is a true, correct and complete copy of (A) the articles of incorporation (or equivalent documentation) of the Euro Borrower and all amendments thereto, (B) the bylaws (or equivalent documentation) of the Euro 
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Borrower as in effect on the Amendment Effective Date, (C) resolutions duly adopted by the board of directors (or equivalent governing body) of the Euro Borrower authorizing the transactions contemplated hereunder including acting as a Borrower under the Credit Facility, and the execution, delivery and performance of this Amendment, the Credit Agreement and the other Loan Documents to which it is a party, and (D) a certificate as of a recent date of the good standing or status of the Euro Borrower under the laws of the State of Delaware; and
(iii) such other instruments, documents and certificates as the Administrative Agent shall reasonably request in connection with the execution of this Amendment.  
(b) Each representation and warranty contained in the Credit Agreement and the other Loan Documents is true, correct and complete in all material respects (except to the extent such representation and warranty is qualified by materiality or reference to Material Adverse Effect, in which case such representation and warranty shall be true and correct in all respects) as of the Amendment Effective Date as if fully set forth herein, other than any such representations or warranties that, by their express terms, refer to an earlier date, in which case they shall have been true and correct as of such earlier date.
(c) No Default or Event of Default has occurred and is continuing as of the Amendment Effective Date or would result after giving effect hereto.
6. 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 Amendment 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, (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 Borrowers, any of their respective Subsidiaries or any other Person with respect to any 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.  References in the Subsidiary Guaranty Agreement to “this Guaranty” (and indirect references such as “hereunder”, “hereby”, “herein”, “hereof” or other words of like import) and in the Credit Agreement or any other Loan Document to the “Subsidiary Guaranty Agreement” (and indirect references such as “thereunder”, “thereby”, “therein”, “thereof” or other words of like import) shall be deemed to be references to the Subsidiary Guaranty Agreement as modified hereby.  

7. Representations and Warranties.  By its execution hereof, each Credit Party hereby represents and warrants as follows: 

(a) such Credit Party has the right, power and authority and has taken all necessary corporate, limited liability and other action to authorize the execution, delivery and performance of this Amendment and each other document executed in connection herewith to which it is a party in accordance with their respective terms; and
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(b) this Amendment and each other document executed in connection herewith has been duly executed and delivered by its duly authorized officers, and each such document constitutes the legal, valid and binding obligation of such Credit Party, enforceable in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal debtor relief laws from time to time in effect which affect the enforcement of creditors’ rights in general and the availability of equitable remedies.
8. Acknowledgments, Agreements and Reaffirmation.  

(a) By their execution hereof, each Credit Party hereby expressly (i) consents to this Amendment and (ii) acknowledges that such Credit Party’s covenants, representations, warranties and other obligations set forth in the Credit Agreement, the Notes, the Letter of Credit Applications, the Subsidiary Guaranty Agreement and the other Loan Documents to which such Credit Party is a party remains in full force and effect. 

(b) By its execution hereof concurrently with the effectiveness of this Amendment, SCP Pool B.V. hereby absolutely assigns, transfers and conveys to SCP International, Inc. all of SCP Pool B.V.’s rights, interests, duties, obligations and liabilities in, to and under the Credit Agreement and the other Loan Documents.

(c) By its execution hereof, concurrently with the effectiveness of this Amendment, SCP International, Inc. hereby absolutely (i) accepts the assignment described in Section 8(b), (ii) assumes all of the duties, obligations and liabilities of the Euro Borrower (as defined in Annex A) in, to and under the Credit Agreement and the other Loan Documents to the same extent as if it had executed the Credit Agreement or such other Loan Document as a borrower, (iii) agrees that it shall be primarily liable for all such duties, obligations and liabilities (including, without limitation, all obligations to pay the outstanding principal amount of all Euro Loans and the outstanding amount of all accrued and unpaid interest thereon, all fees, indemnities, expense reimbursements or other amounts payable from time to time under any Loan Document, irrespective of whether a claim for such amounts or charges is allowed or allowable in any proceeding under bankruptcy or similar proceeding or otherwise), and (iv) ratifies and agrees to be bound by the terms and provisions of the Credit Agreement and the other Loan Documents and accepts all of  SCP Pool B.V.’s rights, interests, duties, obligations and liabilities thereunder.  Without limiting the generality of the foregoing terms of this Section 8(c), SCP International, Inc. hereby (w) acknowledges, agrees and confirms that (i) by its execution of this Amendment as Euro Borrower, upon the effectiveness of this Amendment, it shall be deemed to be a party to the Credit Agreement and the other Loan Documents, the sole “Euro Borrower” and a “Borrower” for all purposes of the Credit Agreement and such other Loan Documents, (ii) it shall have all of the obligations of the Euro Borrower and as a Borrower thereunder as if it had executed the Credit Agreement and the other Loan Documents in such capacity and (iii) this Amendment shall be deemed a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents, (x) agrees to be bound by the affirmative and negative covenants set forth in the Credit Agreement and (y) promises to pay to the Lenders and the Administrative Agent all Obligations as provided in the Loan Documents.  After giving effect to this Amendment, all references in the Loan Documents to “Borrowers” shall be deemed to include SCP International, Inc. and all references to “Credit Party” or “Credit Parties” shall include SCP International, Inc.

(d) The Borrowers agree that the SCP Pool B.V. Transition shall be consummated in accordance with Applicable Law and on terms and conditions and pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent.  Upon the consummation of the SCP Pool 
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B.V. Transition, the Borrowers shall promptly deliver the documents governing the SCP Pool B.V. Transition to the Administrative Agent.

9. Costs, Expenses and Taxes. The Borrowers agree to pay in accordance with Section 15.3 of the Credit Agreement all reasonable costs and expenses of the Administrative Agent in connection with the preparation, execution, delivery, administration and enforcement of this Amendment and the other instruments and documents to be delivered hereunder, including, without limitation, the reasonable fees and out-of-pocket expenses of counsel to the Administrative Agent with respect thereto and with respect to advising the Administrative Agent as to its rights and responsibilities hereunder and thereunder. 

10. Execution in Counterparts.  This Amendment may be executed by one or more of the parties to this Amendment 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 counterpart of a signature page of this Amendment by facsimile transmission or other electronic imaging means shall be effective as delivery of a manually executed counterpart hereof.  

11. Governing Law.  This Amendment and the rights and obligations of the parties under this Amendment shall be governed by, and construed and interpreted in accordance with, the law of the state of New York.

12.  Jurisdiction and Venue; Waiver of Jury Trial.  Sections 15.6 and 15.7 of the Credit Agreement are hereby incorporated by this reference as if fully stated herein mutatis mutandis.

13. Entire Agreement.  This Amendment is the entire agreement, and supersedes any prior agreements and contemporaneous oral agreements, of the parties concerning its subject matter.

14. Successors and Assigns.  This Amendment shall be binding on and insure to the benefit of the parties and their heirs, beneficiaries, successors and permitted assigns.

[Signature Pages Follow]

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

BORROWERS:    
POOL CORPORATION, as US Borrower
By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:   Senior Vice President & Chief Financial Officer
        
SCP DISTRIBUTORS CANADA INC., as Canadian Borrower
By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:   Treasurer

SCP POOL B.V., as Dutch Borrower
By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:   Director

SCP INTERNATIONAL, INC., as Euro Borrower
By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:   Senior Vice President, Secretary & Treasurer

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

SUBSIDIARY GUARANTORS:  
SCP DISTRIBUTORS LLC, as Subsidiary Guarantor
By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:   Senior Vice President & Chief Financial Officer
        
SPLASH HOLDINGS, INC., as Subsidiary Guarantor 
By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:    Senior Vice President, Secretary & Treasurer

ALLIANCE TRADING, INC., as Subsidiary Guarantor
By: /s/ Melanie Housey Hart 
Name:  Melanie Housey Hart
Title:   President and Secretary
        
CYPRESS, INC., as Subsidiary Guarantor
By: /s/ Melanie Housey Hart 
Name:  Melanie Housey Hart
Title:   President and Secretary

SUPERIOR POOL PRODUCTS LLC, as Subsidiary Guarantor
By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:   Senior Vice President & Chief Financial Officer

SCP INTERNATIONAL, INC., as Subsidiary Guarantor

By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:    Senior Vice President, Secretary & Treasurer

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

POOL DEVELOPMENT LLC, as Subsidiary Guarantor
By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:   Senior Vice President, Chief Financial Officer
            
HORIZON DISTRIBUTORS, INC., as Subsidiary Guarantor
By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:   Senior Vice President & Treasurer
        
POOLFX SUPPLY LLC, as Subsidiary Guarantor
By: /s/ Mark W. Joslin 
Name:  Mark W. Joslin
Title:   President

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

ADMINISTRATIVE AGENT AND LENDERS:
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Swingline Lender, an Issuing Lender, the Canadian Dollar Lender, the Euro Lender and a Lender
By: /s/ James Travagline 
Name:  James Travagline
Title:    Managing Director

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

BANK OF AMERICA, N.A., as Lender

By:  /s/ Larry Hall      
Name:  Larry Hall
Title:    Assistant Vice President

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

MUFG UNION BANK, N.A., as Lender

By:  /s/ George Stoecklein      
Name:  George Stoecklein
Title:    Managing Director

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

CAPITAL ONE, N.A., as Lender

By:  /s/ Kiel Johnson      
Name:  Kiel Johnson
Title:    Vice President

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

REGIONS BANK, as Lender

By:  /s/ James E. Goris      
Name:  James E. Goris
Title:    SVP

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

BRANCH BANKING AND TRUST COMPANY, as Lender

By:  /s/ Daniel Patrick Deluca     
Name:  Daniel Patrick Deluca
Title:    Assistant Vice President

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD., NEW YORK BRANCH, as Lender

By:  /s/ Hsiwei Chen     
Name:  Hsiwei Chen
Title:    Director

By:  /s/ Haiyao Su
Name:  Haiyao Su
Title:    Executive Director

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

FIFTH THIRD BANK, as Lender

By:  /s/ Jon Long     
Name:  Jon Long
Title:    Vice President

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

JPMORGAN CHASE BANK, N.A., as Lender
                     
By:  /s/ Erica Babycos    
Name:  Erica Babycos
Title:    Authorized Signer

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

THE BANK OF EAST ASIA, LTD., NEW YORK BRANCH, as Lender

By:  /s/ Kitty Sin     
Name:  Kitty Sin
Title:    Senior Vice President

By:  /s/ Danny Leung     
Name:  Danny Leung
Title:    Senior Vice President

Second Amendment to Amended and Restated Credit Agreement
Pool Corporation
Signature Page

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