Document:

EX-4.1

Exhibit 4.1

EXECUTION VERSION

 

 

MEDTRONIC, INC.

 

First Supplemental Indenture

Dated as of March 12, 2009

 

(First Supplemental to the Indenture Dated as of March 12, 2009)

 

WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Trustee

 

 

 

 

     FIRST SUPPLEMENTAL INDENTURE, dated as of March 12, 2009, between Medtronic, Inc., a
corporation duly organized and existing under the laws of Minnesota (herein called the “Company”),
and Wells Fargo Bank, National Association, as Trustee (herein called “Trustee”);

RECITALS:

     WHEREAS, the Company has heretofore executed and delivered to the Trustee an Indenture, dated
as of March 12, 2009 (the “Base Indenture”), providing for the issuance from time to time of the
Company’s debentures, notes or other evidences of indebtedness (herein and therein called the
“Securities”), to be issued in one or more series as provided in the Base Indenture;

     WHEREAS, Section 9.01 of the Base Indenture permits the Company and the Trustee to enter into
an indenture supplemental to the Base Indenture to establish the form and terms of any series of
Securities;

     WHEREAS, Section 2.01 of the Base Indenture permits the form of Securities of any series to be
established in an indenture supplemental to the Base Indenture;

     WHEREAS, Section 3.01 of the Base Indenture permits certain terms of any series of Securities
to be established pursuant to an indenture supplemental to the Base Indenture;

     WHEREAS, pursuant to Sections 2.01 and 3.01 of the Base Indenture, the Company desires to
provide for the establishment of three new series of Securities under the Base Indenture, the form
and substance of such Securities and the terms, provisions and conditions thereof to be set forth
as provided in the Base Indenture and this First Supplemental Indenture;

     WHEREAS, all things necessary to make this First Supplemental Indenture a valid agreement of
the Company, in accordance with its terms, have been done;

     NOW, THEREFORE, THIS FIRST SUPPLEMENTAL INDENTURE WITNESSETH:

     For and in consideration of the premises and the purchase of the Securities of the three
series established by this First Supplemental Indenture by the holders thereof (the “Noteholders”),
it is mutually agreed, for the equal and proportionate benefit of all such Noteholders, as follows:

ARTICLE 1

Definitions and Other Provisions of General Application 

     Section 1.01. Relation to Base Indenture. This First Supplemental Indenture constitutes a
part of the Base Indenture (the provisions of which, as modified by this First Supplemental
Indenture, shall apply to the Notes) in respect of the Notes but shall not modify, amend or
otherwise affect the Base Indenture insofar as it relates to any other

 

 

series of Securities or modify, amend or otherwise affect in any manner the terms and
conditions of the Securities of any other series.

     Section 1.02. Definitions. For all purposes of this First Supplemental Indenture, the
capitalized terms used herein (i) which are defined in this Section 1.02 have the respective
meanings assigned hereto in this Section 1.02 and (ii) which are defined in the Base Indenture (and
which are not defined in this Section 1.02) have the respective meanings assigned thereto in the
Base Indenture. For all purposes of this First Supplemental Indenture:

     (a) Unless the context otherwise requires, any reference to an Article or Section refers to an
Article or Section, as the case may be, of this First Supplemental Indenture;

     (b) The words “herein,” “hereof” and “hereunder” and words of similar import refer to this
First Supplemental Indenture as a whole and not to any particular Article, Section or other
subdivision; and

     (c) The terms defined in this Section 1.02(c) have the meanings assigned to them in this
Section and include the plural as well as the singular:

     “Interest Payment Date” has the meaning set forth in Section 2.01(d).

     “Interest Period” has the meaning set forth in Section 2.01(d).

     “Maturity Date” has the meaning set forth in Section 2.01(c).

     “Notes” has the meaning set forth in Section 2.01(a).

     “2014 Notes” has the meaning set forth in Section 2.01(a)

     “2019 Notes” has the meaning set forth in Section 2.01(a)

     “2039 Notes” has the meaning set forth in Section 2.01(a)

ARTICLE 2

General Terms and Conditions of the Notes

     Section 2.01. Terms of Notes. Pursuant to Sections 2.01 and 3.01 of the Base Indenture,
there are hereby established three series of Securities, the terms of which shall be as follows:

     (a) Designation. The Securities of these series shall be known and designated as the “4.50%
Notes due 2014” (the “2014 Notes”), “5.60% Notes due 2019” (the “2019 Notes”) and “6.50% Notes due
2039” (the “2039 Notes” and together with the 2014 Notes and the 2019 Notes, the “Notes”) of the
Company. The CUSIP number of the 2014 Notes is 585055AP1, the CUSIP number of the 2019 Notes is
585055AN6 and the CUSIP number of the 2039 Notes is 585055AQ9.

     (b) Form and Denominations. The Notes will be issued only in fully registered form, and the
authorized denominations of the Notes shall be $2,000 principal

2

 

amount and any integral multiple of $1,000 in excess thereof. The Notes will initially be
issued in the form of one or more Global Securities substantially in the form of Annex A attached
hereto, with such modifications thereto as may be approved by the authorized officer executing the
same. The Notes will be denominated in U.S. dollars and payments of principal and interest will be
made in U.S. dollars.

     (c) Maturity Date. The principal amount of, and all accrued and unpaid interest on, the Notes
shall be payable in full on March 15, 2014 for the 2014 Notes, March 15, 2019 for the 2019 Notes
and March 15, 2039 for the 2039 Notes, or if such days are not Business Days, the following
Business Day (each, the “Maturity Date’’).

     (d) Interest. Interest payable on any Interest Payment Date (as defined below), the Maturity
Date, or if applicable, the Redemption Date (as defined in the Base Indenture) shall be the amount
accrued from, and including, the immediately preceding Interest Payment Date in respect of which
interest has been paid or duly provided for (or from and including the original issue date of March
12, 2009, if no interest has been paid or duly provided for with respect to the Notes) to but
excluding such Interest Payment Date, Maturity Date or, if applicable, Redemption Date, as the case
may be (each, an “Interest Period”). The Notes will bear interest at the rate of 4.50% for the
2014 Notes, 5.60% for the 2019 Notes and 6.50% for the 2039 Notes per year from the original issue
date thereof to the respective Maturity Date. Interest on the Notes shall be payable semi-annually
in arrears on March 15 and September 15 of each year, beginning on September 15, 2009 (each such
date, an “Interest Payment Date”). The amount of interest payable for any semi-annual Interest
Period will be computed on the basis of a 360-day year consisting of twelve 30-day months. The
amount of interest payable for any period shorter than a full semi-annual Interest Period for which
interest is computed will be computed on the basis of the actual number of days elapsed per 30-day
month. In the event any Interest Payment Date on or before the Maturity Date falls on a day that
is not a Business Day, the interest payment due on that date will be postponed to the next day that
is a Business Day and no interest shall accrue as a result of such postponement.

     In the event the Maturity Date or a Redemption Date for any Note falls on a day that is not a
Business Day, then the related payments of principal, premium, if any, and interest may be made on
the next succeeding date that is a Business Day (and no additional interest will accumulate on the
amount payable for the period from and after the Maturity Date for such Note). Interest due on the
Maturity Date or a Redemption Date (in each case, whether or not an Interest Payment Date) will be
paid to the Person to whom principal of such Notes is payable.

     (e) To Whom Interest is Payable. Interest shall be payable to the Person in whose name the
Notes are registered at the close of business on the Regular Record Date for such interest, which
shall be the March 1 or September 1 (whether or not a Business Day), as the case may be, next
preceding the Interest Payment Date, or in the event the Notes cease to be held in the form of one
or more Global Securities, at the close of business on the date 15 days prior to that Interest
Payment Date, whether or not a Business Day.

     (f) Sinking Fund; Noteholder Repurchase Right. The Notes shall not be subject to any sinking
fund or analogous provision or be redeemable at the option of the Noteholders.

3

 

     (g) Forms. The Notes shall be substantially in the form of Annex A attached hereto, with such
modifications thereto as may be approved by the authorized officer executing the same.

     (h) Registrar, Paying Agent, Authenticating Agent and Place of Payment. The Company hereby
appoints Wells Fargo, National Association as Security Registrar and Paying Agent and accepts Wells
Fargo, National Association as Authentication Agent with respect to the Notes. The Notes may be
surrendered for registration of transfer and for exchange at the office or agency of the Company
maintained for such purpose in the City of New York, New York and at any other office or agency
maintained by the Company for such purpose. The Place of Payment for the Notes shall be the Paying
Agent’s office in New York, New York.

     (i) Defeasance. Until the Maturity Date, the Notes will be subject to Sections 13.02 and
13.03 of the Base Indenture.

ARTICLE 3

Supplemental Indentures

     Section 3.01. Supplemental Indentures with Consent of Noteholders. As set forth in Section
9.02 of the Base Indenture, with the consent of the holders of a majority in the aggregate
principal amount of Notes of each series affected by such supplemental indenture at the time
outstanding, the Company and the Trustee may from time to time and at any time enter into an
indenture or indentures supplemental to the Base Indenture for the purpose of adding any provisions
to or changing in any manner or eliminating any of the provisions of the Base Indenture or this
First Supplemental Indenture or of modifying in any manner the rights of the Noteholders.

ARTICLE 4

Miscellaneous

     Section 4.01. Relationship to Existing Base Indenture. The First Supplemental Indenture is a
supplemental indenture within the meaning of the Base Indenture. The Base Indenture, as
supplemented and amended by this First Supplemental Indenture, is in all respects ratified,
confirmed and approved and, with respect to the Notes, the Base Indenture, as supplemented and
amended by this First Supplemental Indenture, shall be read, taken and construed as one and the
same instrument.

     Section 4.02. Modification of The Existing Base Indenture. Except as expressly modified by
this First Supplemental Indenture, the provisions of the Base Indenture shall govern the terms and
conditions of the Notes.

     Section 4.03. Governing Law. This instrument shall be governed by and construed in
accordance with the laws of the State of New York and of the United States.

     Section 4.04. Counterparts. This instrument may be executed in any number of counterparts,
each of which so executed shall be deemed to be an original, but all such counterparts shall
together constitute but one and the same instrument.

4

 

     Section 4.05. Trustee Makes No Representation. The recitals contained herein are made by the
Company and not by the Trustee, and the Trustee assumes no responsibility for the correctness
thereof. The Trustee makes no representation as to the validity or sufficiency of this First
Supplemental Indenture (except for its execution thereof and its certificates of authentication of
the Notes).

5

 

     IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be
duly executed and attested all as of the day and year first above written.

Dated: March 12, 2009

	 	 	 	 	 
	 	MEDTRONIC, INC.

 	 
	 	By:  	/s/ William A. Hawkins
 	 
	 	 	William A. Hawkins 	 
	 	 	Chairman of the Board and Chief Executive Officer 	 

	 	 	 	 	 
	Attest:

 	 	 
	By:  	/s/ Keyna P. Skeffington
 	 	 
	 	Keyna P. Skeffington 	 	 
	 	Vice President and Senior Legal Counsel 	 	 

	 	 	 	 	 
	 	 	 
	 	By:  	/s/ Gary L. Ellis
 	 
	 	 	Gary L. Ellis 	 
	 	 	Senior Vice President and Chief Financial Officer 	 
	 

	 	 	 	 	 
	Attest:

 	 	 
	By:  	/s/ Keyna P. Skeffington
 	 	 
	 	Keyna P. Skeffington 	 	 
	 	Vice President and Senior Legal Counsel 	 	 

	 	 	 	 	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Trustee

 	 
	 	By:  	/s/ Jayne E. Sillman
 	 
	 	 	Name:  	Jayne E. Sillman 	 
	 	 	Title:  	Vice President 	 

6

 

	 	 	 	 	 

ANNEX A

     THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO
AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE
EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS SECURITY IN WHOLE
OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE
THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

     UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER,
EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH
OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

MEDTRONIC, INC.

			
	No. [     ]
	 	CUSIP NO. [     ]

$___

     Medtronic, Inc., a corporation duly incorporated and subsisting under the laws of the State of
Minnesota (herein called the “Company”, which term includes any successor corporation under the
Indenture hereinafter referred to), for value received, hereby promises to pay to Cede & Co., or
registered assigns, the principal sum of ___ Dollars on ____ and to pay interest thereon from ____ or from
the most recent Interest Payment Date to which interest has been paid
or duly provided for, _____ on ____
and ____ in each year, commencing ____, at the rate of ___% per annum, until the principal hereof is paid or
made available for payment.

     The interest so payable, and punctually paid or duly provided for, on any Interest Payment
Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one
or more Predecessor Securities) is registered at the close of business on the Regular Record Date
for such interest, which shall be the ___ or ___ (whether or not a Business Day), as the case may
be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly
provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may
either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is
registered at the close of business on a Special Record Date for the payment of such Defaulted
Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this
series not less than 10 days prior to such Special Record Date, or be paid at any time in any other
lawful manner not inconsistent with the requirements of any securities

A-1

 

exchange on which the Securities of this series may be listed, and upon such notice as may be
required by such exchange, all as more fully provided in said Indenture.

     Payment of the principal of (and premium, if any) and interest on this Security will be made
at the office or agency of the Trustee maintained for that purpose in New York, New York, in such
coin or currency of the United States of America as at the time of payment is legal tender for
payment of public and private debts.

     Reference is hereby made to the further provisions of this Security set forth on the reverse
hereof, which further provisions shall for all purposes have the same effect as if set forth at
this place.

     Unless the certificate of authentication hereon has been executed by the Trustee referred to
on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under
the Indenture or be valid or obligatory for any purpose.

A-2

 

     In Witness Whereof, the Company has caused this instrument to be duly executed under
its corporate seal.

	 	 	 	 	 	 	 
	Dated:
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	Medtronic, Inc.
	 
	 	 	 	 	 	 
	 

	 	 	 	By:	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	Attest:
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	By:	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	Attest:
	 	 	 	 	 	 

A-3

 

     This is one of the Securities of the series designated therein referred to in the
within-mentioned Indenture.

	 	 	 	 	 
	 	Wells Fargo Bank, National Association,

as Trustee

 	 
	 	By:  	 	 
	 	 	Authorized Signature 	 
	 	 	 	 

A-4

 

	 	 	 	 	 

[Reverse of Note]

     This Security is one of a duly authorized issue of securities of the Company (herein called
the “Securities”), issued and to be issued in one or more series under an Indenture, dated as of
March [     ], 2009 (herein called the “Base Indenture”, which term shall have the meaning assigned to
it in such instrument), as supplemented by a First Supplemental Indenture, dated as of March [     ],
2009 (herein called the “First Supplemental Indenture”, and together with the Base Indenture, the
“Indenture”), between the Company and Wells Fargo Bank, National Association, as Trustee (herein
called the “Trustee”, which term includes any successor trustee under the Indenture), and reference
is hereby made to the Indenture for a statement of the respective rights, limitations of rights,
duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and
of the terms upon which the Securities are, and are to be, authenticated and delivered. This
Security is one of the series designated on the face hereof, initially limited in aggregate
principal amount to $             . The Company may at any time issue additional securities under the
Indenture in unlimited amounts having the same terms as the Securities; provided that no additional
securities of a series may be issued if an Event of Default has occurred and is continuing with
respect to such series of securities.

     The Securities of this series are subject to redemption, as a whole or from time to time in
part, upon not less than 30 nor more than 60 days’ notice mailed to each Holder of Securities to be
redeemed at his address as it appears in the Securities Register, on any date prior to their Stated
Maturity at a Redemption Price equal to the greater of (i) 100% of the principal amount of such
Securities to be redeemed, plus accrued interest thereon to the Redemption Date or (ii) as
determined by a Quotation Agent (as defined below), the sum of the present values of the remaining
scheduled payments of principal and interest thereon (not including any portion of such payments of
interest accrued as of the Redemption Date) discounted to the Redemption Date on a semiannual basis
(assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate (as
defined below), plus             basis points, plus accrued interest thereon to the Redemption Date; provided
that unless the Company defaults in payment of the Redemption Price, on or after the Redemption
Date, interest will cease to accrue on the Securities or portions thereof called for redemption.

     “Adjusted Treasury Rate” means, with respect to any Redemption Date, the rate per annum equal
to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price
for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the
Comparable Treasury Price for such Redemption Date. The semi-annual equivalent yield to maturity
will be computed as of the third business day immediately preceding the Redemption Date.
“Comparable Treasury Issue” means the United States Treasury security selected by the Quotation
Agent as having a maturity comparable to the remaining term of the Securities to be redeemed that
would be utilized, at the time of selection and in accordance with customary financial practice in
pricing new issues of corporate debt securities of comparable maturity to the remaining term of the
Securities. “Comparable Treasury Price” means, with respect to any Redemption Date, (1) the
average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the
highest and lowest Reference Treasury Dealer Quotations, (2) if the Trustee obtains fewer than four
Referenced Treasury Dealer Quotations, the average of all Reference Treasury Dealer

A-5

 

Quotations so received or (3) if only one Reference Treasury Dealer Quotation is received,
such quotation. “Quotation Agent” means the Reference Treasury Dealer appointed by the Company.
“Reference Treasury Dealer” means (i) Deutsche Bank Securities Inc., J.P. Morgan Securities Inc.
and their respective successors; provided, however, that, if the foregoing shall cease to be a
primary U.S. Government securities dealer in New York City (a “Primary Treasury Dealer”), the
Company shall substitute therefor another Primary Treasury Dealer; and (ii) any other Primary
Treasury Dealer selected by the Company. “Reference Treasury Dealer Quotations” means, with respect
to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the
Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a
percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury
Dealer at 5:00 p.m., New York City time, on the third Business Day preceding such Redemption Date.

     In the event of redemption of this Security in part only, a new Security or Securities of this
series and of like tenor for the unredeemed portion hereof will be issued in the name of the Holder
hereof upon the cancellation hereof.

     The Indenture contains provisions for defeasance at any time of the entire indebtedness of
this Security or certain restrictive covenants and Events of Default with respect to this Security,
in each case upon compliance with certain conditions set forth in the Indenture.

     If an Event of Default with respect to Securities of this series shall occur and be
continuing, the principal of the Securities of this series may be declared due and payable in the
manner and with the effect provided in the Indenture.

     The Indenture permits, with certain exceptions as therein provided, the amendment thereof and
the modification of the rights and obligations of the Company and the rights of the Holders of the
Securities of each series to be affected under the Indenture at any time by the Company and the
Trustee with the consent of the Holders of a majority in principal amount of the Securities at the
time Outstanding of each series to be affected. The Indenture also contains provisions permitting
the Holders of specified percentages in principal amount of the Securities of each series at the
time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by
the Company with certain provisions of the Indenture and certain past defaults under the Indenture
and their consequences. Any such consent or waiver by the Holder of this Security shall be
conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof,
whether or not notation of such consent or waiver is made upon this Security.

     As provided in and subject to the provisions of the Indenture, the Holder of this Security
shall not have the right to institute any proceeding with respect to the Indenture or for the
appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall
have previously given the Trustee written notice of a continuing Event of Default with respect to
the Securities of this series, the Holders of at least 25% in principal amount of the Securities of
this series at the time Outstanding shall have made written request to the Trustee to institute
proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable
indemnity, and the Trustee shall not have received from the Holders of a majority in principal
amount of Securities of this series at

A-6

 

the time Outstanding a direction inconsistent with such request, and shall have failed to
institute any such proceeding, for 60 days after receipt of such notice, request and offer of
indemnity. The foregoing shall not apply to any suit instituted by the Holder of this Security for
the enforcement of any payment of principal hereof or any premium or interest hereon on or after
the respective due dates expressed herein.

     No reference herein to the Indenture and no provision of this Security or of the Indenture
shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay
the principal of and any premium and interest on this Security at the times, place and rate, and in
the coin or currency, herein prescribed.

     As provided in the Indenture and subject to certain limitations therein set forth, the
transfer of this Security is registrable in the Security Register, upon surrender of this Security
for registration of transfer at the office or agency of the Company in any place where the
principal of and any premium and interest on this Security are payable, duly endorsed by, or
accompanied by a written instrument of transfer in form satisfactory to the Company and the
Security Registrar duly executed by, the Holder hereof or the Holder’s attorney duly authorized in
writing, and thereupon one or more new Securities of this series and of like tenor, of authorized
denominations and for the same aggregate principal amount, will be issued to the designated
transferee or transferees.

     The Securities of this series are issuable only in registered form in denominations of $2,000
and any integral multiple of $1,000 thereof. As provided in the Indenture and subject to certain
limitations therein set forth, Securities of this series are exchangeable for a like aggregate
principal amount of Securities of this series and of like tenor of a different authorized
denomination, as requested by the Holder surrendering the same.

     No service charge shall be made to a Holder for any such registration of transfer or exchange,
but the Company may require payment of a sum sufficient to cover any tax or other governmental
charge payable in connection therewith.

     Prior to due presentment of this Security for registration of transfer, the Company, the
Trustee and any agent of the Company or the Trustee may treat the Person in whose name this
Security is registered as the owner hereof for all purposes, whether or not this Security be
overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the
contrary.

     All terms used in this Security which are defined in the Indenture shall have the meanings
assigned to them in the Indenture.

A-7exv10w1

Exhibit 10.1

THIRD AMENDMENT TO CREDIT AGREEMENT

     THIS THIRD AMENDMENT TO CREDIT AGREEMENT (the “Amendment”), dated as of March 6, 2009, is made
by and among ARCH COAL, INC., a Delaware corporation (the “Borrower”), the BANKS party to the
Credit Agreement (as hereinafter defined), CITICORP USA, INC., JPMORGAN CHASE BANK, N.A. and
WACHOVIA BANK, NATIONAL ASSOCIATION, each in its capacity as co-syndication agent, and BANK OF
AMERICA, N.A. (successor by merger to FLEET NATIONAL BANK), as documentation agent, and PNC BANK,
NATIONAL ASSOCIATION, in its capacity as administrative agent for the Banks.

     WHEREAS, the parties hereto are parties to that certain Credit Agreement dated as of
December 22, 2004, as amended by that certain First Amendment to Credit Agreement dated as of June
23, 2006, and by that certain Second Amendment to Credit Agreement dated as of October 3, 2006 (as
so amended, the “Credit Agreement”), pursuant to which the Banks provided a $800,000,000 revolving
credit facility to the Borrower; and

     WHEREAS, the Borrower, the Banks and the Administrative Agent desire to amend the Credit
Agreement as hereinafter provided.

     NOW, THEREFORE, the parties hereto, in consideration of their mutual covenants and agreements
hereinafter set forth and intending to be legally bound hereby, covenant and agree as follows:

     1. Definitions.

     Capitalized terms used herein unless otherwise defined herein shall have the meanings ascribed
to them in the Credit Agreement, as amended by this Amendment.

     2. Amendments to Credit Agreement.

     (a) The following definitions contained in Section 1.1 (Certain Definitions) of the Credit
Agreement shall be amended and restated in its entirety:

     “Applicable Commitment Fee Rate shall mean the rate per annum at
the indicated rating level of Leverage Ratio in effect from time to time as set
forth in the pricing grid on Schedule 1.1(A) below the heading
“Commitment Fee.” The Applicable Commitment Fee Rate shall be computed in
accordance with the parameters set forth on Schedule 1.1(A).”

     “Applicable Letter of Credit Fee Rate shall mean the rate per annum
at the indicated rating level of Leverage Ratio in effect from time to time as
set forth in the pricing grid on Schedule 1.1(A) below the heading
“Letter of Credit

 

 

Fee.” The Applicable Letter of Credit Fee Rate shall be computed in
accordance with the parameters set forth on Schedule 1.1(A).”

     “Applicable Margin” shall mean:

         (i) the percentage spread to be added to Euro-Rate under the Euro-Rate Option at
the indicated rating level of Leverage Ratio in effect from time to time as set forth
in the pricing grid on Schedule 1.1(A) below the heading “Revolving Credit
Euro-Rate Spread,” or

         (ii) the percentage spread to be added to the Base Rate under the Base Rate
Option at the indicated rating level of Leverage Ratio in effect from time to time as
set forth in the pricing grid on Schedule 1.1(A) below the heading “Revolving
Credit Base Rate Spread”.

     The Applicable Margin shall be computed in accordance with the parameters
set forth on Schedule 1.1(A).”

     “Base Rate” shall mean, for any day, a fluctuating per annum rate of
interest equal to the highest of (i) the interest rate per annum announced from time to
time by the Administrative Agent at its Principal Office as its then prime rate, which
rate may not be the lowest rate then being charged commercial borrowers by the
Administrative Agent, (ii) the Federal Funds Open Rate plus 50 basis points (1/2 of 1%),
and (iii) the Daily LIBOR Rate plus 100 basis points (1%). Interest on borrowings at
the Base Rate is calculated on an actual/360 day basis and is payable quarterly.

     For purposes of this definition, “Daily LIBOR Rate” shall mean, for any day, the
rate per annum determined by the Administrative Agent by dividing (x) the Published Rate
by (y) a number equal to 1.00 minus the percentage prescribed by the Federal Reserve for
determining the maximum reserve requirements with respect to any eurocurrency funding by
banks on such day. “Published Rate” shall mean the rate of interest published each
Business Day in The Wall Street Journal “Money Rates” listing under the caption “London
Interbank Offered Rates” for a one month period (or, if no such rate is published
therein for any reason, then the Published Rate shall be the eurodollar rate for a one
month period as published in another publication determined by the Administrative
Agent).”

     “EBITDA” for any period of determination shall mean with respect to any Person:
(i) consolidated net income (excluding non-cash compensation expenses related to common
stock and other equity securities issued to employees, extraordinary gains and losses,
gains or losses on discontinued operations, equity earnings or losses of Affiliates
(other than earnings or losses of the Borrower or any Subsidiary of the Borrower)), plus
(ii) for such period of determination the sum of the following, without duplication and
to the extent included in determining consolidated net income under the immediately
preceding clause (i): interest expense (net of interest income), the sum of all income
tax expense, depreciation, depletion and amortization of property, plant, equipment and
intangibles, non-cash debt extinguishment costs,

2

 

non-cash charges due to cumulative effects of changes in accounting principles, plus
(iii) cash dividends or distributions received from Affiliates (other than received from
the Borrower or any Subsidiary of the Borrower) to the extent not included in
determining consolidated net income. All items included in the definition of EBITDA
shall be determined in each case for the applicable Person for the period of
determination on a consolidated basis in accordance with GAAP.

     For purposes of determining the Leverage Ratio, the Senior Secured Leverage Ratio,
or the Interest Coverage Ratio under this Agreement, in the event that the Borrower or
any Subsidiary of the Borrower acquires in a Permitted Acquisition any Person or
business (the “Acquired Person”) during any period of determination, then EBITDA of the
Borrower and its Subsidiaries shall be increased for such period of determination by the
EBITDA of the Acquired Person, subject to the following:

     (i) the EBITDA of the Acquired Person shall be based upon financial statements
reasonably acceptable to the Administrative Agent (the “Acquired Person’s EBITDA”), and

     (ii) EBITDA shall include 100% of the Acquired Person’s EBITDA for the first fiscal
quarter ending after the date the applicable Permitted Acquisition was consummated; 75%
of the Acquired Person’s EBITDA in the second fiscal quarter ending after the date the
applicable Permitted Acquisition was consummated; 50% of the Acquired Person’s EBITDA in
the third fiscal quarter ending after the date the applicable Permitted Acquisition was
consummated; and 25% of the Acquired Person’s EBITDA in the fourth fiscal quarter ending
after the date the applicable Permitted Acquisition was consummated.”

     “Federal Funds Open Rate shall mean the rate per annum determined by the
Administrative Agent in accordance with its usual procedures (which determination shall
be conclusive absent manifest error) to be the “open” rate for federal funds
transactions for federal funds transactions among members of the Federal Reserve System
arranged by federal funds brokers on such day, as quoted by Garvin Guybutler, any
successor entity thereto, or any other broker selected by the Administrative Agent, as
set forth on the applicable Bloomberg display page; provided, however;
that if such day is not a Business Day, the Federal Funds Open Rate for such day shall
be the “open” rate on the immediately preceding Business Day, or if no such rate shall
be quoted by a federal funds broker at such time, such other rate as determined by the
Administrative Agent in accordance with its usual procedures. The rate of interest
charged shall be adjusted as of each Business Day based on changes in the federal funds
rate without notice to the Borrower.”

     (b) Section 1.1 [Certain Definitions] of the Credit Agreement is hereby amended to insert
therein, in alphabetical order, the following new definitions:

     “Unsecured Senior Notes shall mean the unsecured senior notes of the
Borrower that are issued pursuant to any Unsecured Senior Notes Indenture.”

3

 

     “Unsecured Senior Notes Indenture shall mean the any indenture governing
the issuance of certain unsecured notes in favor the Borrower, and without regard to any
restatement, amendment, modification or supplement thereof, other than those
restatements, amendments modifications or supplements that may be necessary to add a
guarantor subsidiary thereto in accordance with the terms thereof.”

     “Acquired Assets shall have that meaning set forth in Section 7.2.14 (xvii)
of this Agreement.”

     “Third Amendment Effective Date shall mean the effective date of the Third
Amendment to the Credit Agreement.”

     (c) Section 3.1.1 [Interest Rate Options] of the Credit Agreement is hereby amended and
restated in its entirely to read as follows:

     “3.1.1
Interest Rate Options

     The Borrower shall have the right to select from the following Interest Rate
Options applicable to the Revolving Credit Loans (subject to the provisions above
regarding Swing Loans):

          (i) Base Rate Option: A fluctuating rate per annum (computed on the basis
of a year of 360 days and actual days elapsed) equal to the Base Rate plus the
Applicable Margin, such interest rate to change automatically from time to time
effective as of the effective date of each change in the Base Rate; or

          (ii) Euro-Rate Option: A rate per annum (computed on the basis of a year
of 360 days and actual days elapsed) equal to the Euro-Rate plus the Applicable Margin.”

     (d) The first paragraph of Section 7.1.12 [Collateral; Further Assurances] of the Credit
Agreement is hereby amended and replaced in its entirety to state the following:

     “The Borrower shall and shall cause each of the Loan Parties to execute and deliver
(subject to Section 10.19 [Release of Collateral; Springing Collateral]) to the
Collateral Agent for the benefit of the Banks, the Collateral Documents necessary to
grant first priority perfected liens and security interests (subject only to Permitted
Liens) in favor of the Banks in substantially all of the assets of the Loan Parties,
other than: (i) those assets which, in the discretion of the Administrative Agent, the
taking of Liens thereupon is impractical, prohibited by law or commercially
unreasonable, (ii) the equity interests in any Bonding Subsidiary (subject however to
the further provisions of this Section 7.1.12 regarding a second position lien thereon),
(iii) titled vehicles, and (iv) all undeveloped land so long as such land is not used in
connection with or related to any Mining Operation of any Loan Party and no Loan Party
has any logging or timber rights with respect to such land; and provided, further, that
with respect to deposit accounts of any Loan Party, the Loan Parties will not be
required to enter into any blocked account agreements or control agreements with respect
thereto

4

 

unless requested by the Administrative Agent or the Required Banks.
Notwithstanding the foregoing, the Loan Parties shall work diligently with the
Administrative Agent to confirm that all documentation has been prepared, executed and
recorded which is necessary to grant a Lien on all Real Property, as-extracted minerals
and fixtures of the Loan Parties (other than such assets as described in clauses (i) or
(iv) above) in favor of the Collateral Agent for the benefit of the Banks within: (a)
one hundred twenty (120) days for all such acquired Real Property, as-extracted minerals
and fixtures that have been acquired on or before the Third Amendment Effective Date,
and (b) ninety (90) days after the delivery of the certificate of Borrower pursuant to
Section 7.3.3 [Certificate of Borrower] of this Agreement for all such Real Property,
as-extracted minerals and fixtures that have been acquired after the Third Amendment
Effective Date.”

     (e) Section 7.1.15 [Commitment Reduction Related to Certain Permitted Receivables Financing]
of the Credit Agreement is hereby amended to change the reference from “$200,000,000” to
“$250,000,000”.

     (f) Section 7.2.2 [Liens; Guaranties] of the Credit Agreement is hereby amended to add the
following paragraph at the end of such section:

     “Notwithstanding the foregoing the Loan Parties shall be permitted to (i) enter
into any Unsecured Senior Notes Indenture and (ii) agree to any negative covenants
contained therein that prohibits or restricts the Loan Parties ability to grant a
security interest or Lien on any of its property or assets so long as such prohibition
or restriction does not restrict or prohibit the Loan Parties’ ability to grant a
security interest or Lien on any of its property or assets to the Administrative Agent
or the Banks in connection with this Agreement or any other Loan Document (as such
Agreement or Loan Documents may be amended, restated, modified or supplemented).”

     (g) Section 7.2.10 [Maximum Leverage Ratio] of the Credit Agreement is hereby amended and
restated in its entirely to read as follows:

     “7.2.10
Maximum Leverage Ratio.

     The Borrower shall not at any time permit the Leverage Ratio to exceed the ratio
set forth below for the periods specified below:

	 	 	 	 
	Period	 	Ratio
	Closing Date through and including December 31, 2009
	 	4.25 to 1.00	
	Thereafter
	 	4.00 to 1.00	”

     (h) Section 7.2.13 [No Restriction in Agreements on Dividends or Certain Loans] of the Credit
Agreement is hereby amended and restated in its entirely to read as follows:

     “7.2.13
No Restriction in Agreements on Dividends or Certain Loans.

5

 

     The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into
or be bound by any agreement which prohibits or restricts, in any manner, the payment of
dividends (whether in cash, securities, property or otherwise), other than:
(i) restrictions applicable to Arch Western set forth in the Arch Western LLC Agreement,
(ii) restrictions that are applicable to the Arch Western Group as set forth in the AWR
Senior Notes Indenture, (iii) restrictions that are applicable to the Loan Parties as
set forth in any Unsecured Senior Notes Indenture and (iv) restrictions applicable to a
Securitization Subsidiary in connection with a Permitted Receivables Financing. The
Borrower shall not, and shall not permit any of its Subsidiaries to, enter into or be
bound by any agreement which prohibits or restricts, in any manner the making of any
loan to the Borrower by any member of the Arch Western Group, other than
(i) restrictions applicable to Arch Western set forth in the Arch Western LLC Agreement,
(ii) restrictions that are applicable to the Arch Western Group as set forth in the AWR
Senior Notes Indenture, and (iii) restrictions applicable to a Securitization Subsidiary
in connection with a Permitted Receivables Financing.”

     (i) Section 7.2.14 [Loans and Investments] of the Credit Agreement is hereby amended to remove
the word “and” at the end of clause (xiv), to replace the period at the end of clause (xv) with “;”
and to add the following:

     “(xvi) any guaranty which is permitted under section 7.2.2 [Liens; Guaranties] of
this Agreement; and

     (xvii) Investments consisting of some or all of the proceeds from any Unsecured
Senior Notes to acquire certain entities and assets (collectively, the “Acquired
Assets”); provided that the Loan Parties covenant and agree to grant the Administrative
Agent a security interest and Lien on the Acquired Assets within thirty (30) days of the
closing of the acquisition. To the extent that the Loan Parties desire for operational
reasons to subsequently transfer some or all of the Acquired Assets to entities in the
Arch Western Group, the Required Banks hereby consent to such transfer so long as the
Administrative Agent shall be satisfied in its reasonable discretion that the following
have occurred: (1) the Loan Parties have granted a first priority, perfected security
interest and Lien in favor of the Administrative Agent (for the benefit of the Banks) in
the Acquired Assets (subject only to Permitted Liens) prior to the transfer of the
Acquired Assets to the Arch Western Group; and (2)  the Loan Parties and Arch Western
Group provide the Administrative Agent with evidence and assurances that (a) such first
priority, perfected security interest and Lien in the Acquired Assets shall continue
after the transfer of the Acquisition Assets to the Arch Western Group and will be prior
to any rights or interests granted to the Arch Western Group and (b) that the rights and
interests of the Banks will not be adversely affected or prejudiced thereby.”

     (j) Section 7.2 [Negative Covenants] of the Credit Agreement is hereby amended to add the
following new Section 7.2.19 [Prohibition on Purchase, Redemption or Defeasance of AWR Senior Notes
and Unsecured Senior Notes]:

6

 

     “7.2.19
Prohibition on Purchase, Redemption or Defeasance of AWR Senior
Notes and Unsecured Senior Notes with Loan Proceeds.

     The Loan Parties shall not use the proceeds of the Loans to purchase, redeem or
defease the AWR Senior Notes or the Unsecured Senior Notes, except, (i) with respect to
the AWR Senior Notes, to the extent permitted by Section 7.1.16 [Purchase, Redemption or
Defeasance of AWR Senior Notes] of this Agreement or (ii) with respect to any Unsecured
Senior Notes, the Borrower shall be permitted to purchase or redeem such notes on their
regularly scheduled maturity or in connection with a consent solicitation and tender
offer by the Borrower with respect to such Unsecured Senior Note, provided that no Event
of Default is then in effect or would result after giving effect to such redemption.”

     (k) Section 7.3.9 [Other Information; Notice of Default Under the AWR Senior Notes] of the
Credit Agreement is hereby amended and restated in its entirely to read as follows:

     “7.3.9
Notice of Default Under the AWR Senior Notes or the Unsecured
Senior Notes.

     Promptly after any officer of the Borrower or any Subsidiary of the Borrower has
learned of the occurrence of a default or event which with the passage of time or the
giving of notice or both would constitute a default under the AWR Senior Notes or any
Unsecured Senior Notes, the Borrower shall deliver notice thereof to the Administrative
Agent together with a certificate signed by the Chief Executive Officer, President,
Treasurer or Chief Financial Officer of the Borrower setting forth the details of such
default or other such event and the action which the Borrower proposes to take with
respect thereto.”

     (l) Pricing Grid. Schedule 1.1(A)  —  Pricing Grid of the Credit Agreement
is hereby amended and restated in its entirety as set forth on the schedule titled as Schedule
1.1(A) — Pricing Grid attached hereto.

     3. Conditions of Effectiveness of Amendments and Consent.

     The effectiveness of this Amendment is expressly conditioned upon satisfaction of each of the
following conditions precedent:

     (a) Execution and Delivery of Amendment. The Borrower, the other Loan Parties, the
Required Lenders, and the Administrative Agent shall have received approval to execute and shall
have executed this Amendment, and all other documentation necessary for effectiveness of this
Amendment shall have been executed and delivered all to the satisfaction of the Borrower, the
Required Lenders and the Administrative Agent.

     (b) Officer’s Certificate.

     The representations and warranties of the Borrower contained in Section 5 of the Credit
Agreement including as amended by the modifications and additional representations and warranties
of this Amendment, and of each Loan Party in each of the other Loan Documents

7

 

shall be true and accurate on and as of the date hereof with the same effect as though such
representations and warranties had been made on and as of such date (except representations and
warranties which relate solely to an earlier date or time, which representations and warranties
shall be true and correct on and as of the specific dates or times referred to therein), and each
of the Loan Parties shall have performed and complied with all covenants and conditions hereof and
thereof, no Event of Default or Potential Default shall have occurred and be continuing or shall
exist; and there shall be delivered to the Administrative Agent for the benefit of each Bank a
certificate of the Borrower dated the date hereof and signed by the Chief Executive Officer,
President, Treasurer or Chief Financial Officer of the Borrower to each such effect.

     (c) Secretary’s Certificate.

     There shall be delivered to the Administrative Agent for the benefit of each Bank a
certificate dated the date hereof and signed by the Secretary or an Assistant Secretary of each of
the Loan Parties, certifying as appropriate as to:

          (1) all action taken by each Loan Party in connection with this Amendment and the other
Loan Documents;

          (2) the names of the officer or officers authorized to sign this Amendment and the
other Loan Documents and the true signatures of such officer or officers and specifying the
Authorized Officers permitted to act on behalf of each Loan Party for purposes of this
Amendment and the true signatures of such officers, on which the Administrative Agent and
each Bank may conclusively rely; and

          (3) copies of its organizational documents, including its certificate of incorporation
and bylaws, certificate of limited partnership and limited partnership agreement or limited
liability company certificate and operating agreement, as the case may be, as in effect on
the date hereof and, in the case of the certificate of incorporation of the Borrower,
certified by the appropriate state official where such document is filed in a state office,
together with certificates from the appropriate state officials as to the continued
existence and good standing of the Borrower in the state of its formation and the state of
its principal place of business.

     (d) Opinions of Counsel.

     There shall be delivered to the Administrative Agent for the benefit of each Bank a written
opinion of K&L Gates (who may rely on the opinions of such other counsel as may be acceptable to
the Administrative Agent) and a written opinion of Gregory A. Billhartz, counsel for the Loan
Parties (who may rely on the opinions of such other counsel as may be acceptable to the
Administrative Agent), each dated the date hereof and in form and substance satisfactory to the
Administrative Agent and its counsel as to such matters incident to the transactions contemplated
herein as the Administrative Agent may reasonably request.

     (e) No Actions or Proceedings.

     No action, proceeding, investigation, regulation or legislation shall have been instituted,
threatened or proposed before any court, governmental agency or legislative body to enjoin,

8

 

restrain or prohibit, or to obtain damages in respect of, this Amendment, 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 Amendment or any of the other Loan Documents.

     (f) Payment of Fees.

     The Borrower shall pay or cause to be paid to the Administrative Agent for itself and for the
account of the Banks all fees as required (i) hereunder, including a fee to each Bank that executes
this Amendment before March 6, 2009 (or such later date as the Administrative Agent and Borrower
consent to) equal to 50 basis points of such Bank’s Commitment, (ii) by that certain fee letter
dated March 2, 2009, between the Administrative Agent and the Borrower, and (iii) all other fees,
costs and expenses payable to the Administrative Agent or any Bank or for which the Administrative
Agent or any Bank is entitled to be reimbursed, including but not limited to the fees and expenses
of the Administrative Agent’s legal counsel.

     (g) Consents.

     All material consents required to effectuate the transactions contemplated by this Amendment
and the other Loan Documents and shall have been obtained.

     (h) Financial Projections.

     There shall have been delivered to the Administrative Agent for the benefit of each Banks
copies of the financial projections of the Borrower and its Subsidiaries, including a balance
sheet, income statement, statement of cash flows and assumptions used to prepare such projections,
for the period commencing January 1, 2009 through and including December 31, 2011, which shall all
be satisfactory to the Administrative Agent.

     (i) Confirmation of Guaranty.

     Each of the Guarantors shall have executed and delivered to the Administrative Agent the
Confirmation of Guaranty in substantially the form attached hereto as Exhibit A.

     (j) Legal Details.

     All legal details and proceedings in connection with the transactions contemplated by this
Amendment and the other Loan Documents shall be in form and substance satisfactory to the
Administrative Agent and counsel for the Administrative Agent, and the Administrative Agent shall
have received all such other counterpart originals or certified or other copies of such documents
and proceedings in connection with such transactions, in form and substance satisfactory to the
Administrative Agent and its counsel, as the Administrative Agent or its counsel may reasonably
request.

9

 

     4. Force and Effect.

     Except as otherwise expressly modified by this Amendment, the Credit Agreement and the other
Loan Documents are hereby ratified and confirmed and shall remain in full force and effect after
the date hereof.

     5. Governing Law. 

     This Amendment shall be deemed to be a contract under the Laws of the Commonwealth of
Pennsylvania and for all purposes shall be governed by and construed and enforced in accordance
with the internal laws of the Commonwealth of Pennsylvania without regard to its conflict of laws
principles.

     6. Effective Date; Certification of the Borrower. 

     This Amendment shall be dated as of and shall be binding, effective and enforceable upon the
date of (i) satisfaction of all conditions set forth in Section 3 hereof and (ii) receipt by the
Administrative Agent of duly executed original counterparts of this Amendment from the Borrower and
all Banks, and from and after such date this Amendment shall be binding upon the Borrower, each
Bank and the Agents, and their respective successors and assigns permitted by the Credit Agreement.
The Borrower by executing this Amendment, hereby certifies that this Amendment has been duly
executed and that as of the date hereof no Event of Default or Potential Default exists under the
Credit Agreement or the other Loan Documents.

          8. No Novation.

          This Amendment amends the Credit Agreement, but is not intended to constitute, and does not
constitute, a novation of the Obligations of the Loan Parties under the Credit Agreement or any
other Loan Document.

[Intentionally Blank]

10

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

     IN WITNESS WHEREOF, the parties hereto, by their officers thereunto duly authorized, have
executed this Amendment to Credit Agreement as of the day and year first above written.

	 	 	 	 	 	 	 
	 	 	ARCH COAL, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ James E. Florczak	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	James E. Florczak	 	 
	 

	 	Title:
	 	Treasurer	 	 

11

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	BANK LEUMI USA	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Joung Hee Hong	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Joung Hee Hong	 	 
	 

	 	Title:
	 	First Vice President	 	 

12

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	BANK OF AMERICA, N.A.

(as successor by merger to Fleet National Bank
and LaSalle Bank National Association),
individually and as Documentation Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Adam H. Fey	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Adam H. Fey	 	 
	 

	 	Title:
	 	Vice President	 	 

13

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	BANK OF MONTREAL	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Ian M. Plester	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Ian M. Plester	 	 
	 

	 	Title:
	 	Director	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	CALYON NEW YORK BRANCH	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Joe Philbin	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Joe Philbin	 	 
	 

	 	Title:
	 	Director	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Blake Wright	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Blake Wright	 	 
	 

	 	Title:
	 	Managing Director	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	CITICORP USA, INC., individually and as
Syndication Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Paul Croci	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Paul Croci	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	COMMERCE BANK, N.A.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Douglas P. Best	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Douglas P. Best	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	JPMORGAN CHASE BANK, N.A., 

individually and as
Syndication Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Stacey L. Haimes	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Stacey L. Haimes	 	 
	 

	 	Title:
	 	Executive Director	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	MIZUHO CORPORATE BANK, LTD.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Leon Mo	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Leon Mo	 	 
	 

	 	Title:
	 	Senior Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	MORGAN STANLEY BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Kevin Emerson	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Kevin Emerson	 	 
	 

	 	Title:
	 	Authorized Signatory	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	NATIXIS	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Carlos Quinteros	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Carlos Quinteros	 	 
	 

	 	Title:
	 	Director	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Timothy L. Polvado	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Timothy L. Polvado	 	 
	 

	 	Title:
	 	Senior Managing Director	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	NATIONAL CITY BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Stephen Sainz	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Stephen Sainz	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	PNC BANK, NATIONAL ASSOCIATION, individually and
as Administrative Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Richard Munsick	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Richard Munsick	 	 
	 

	 	Title:
	 	Senior Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	REGIONS BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Kiley R. Hill	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Kiley R. Hill	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	SOVEREIGN BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Robert D. Lanigan	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Robert D. Lanigan	 	 
	 

	 	Title:
	 	Senior Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	SOUTHWEST BANK OF ST. LOUIS	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Kurt J. Evan	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Kurt J. Evan	 	 
	 

	 	Title:
	 	Assistant Vice President	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Mandy Pitzer	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Mandy Pitzer	 	 
	 

	 	Title:
	 	Officer	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	THE BANK OF NEW YORK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Richard A. Matthews	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Richard A. Matthews	 	 
	 

	 	Title:
	 	Senior Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	THE ROYAL BANK OF SCOTLAND PLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Brian Williams	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Brian Williams	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	UBS LOAN FINANCE LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Mary E. Evans	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Mary E. Evans	 	 
	 

	 	Title:
	 	Associate Director	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Irja R. Otsa	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Irja R. Otsa	 	 
	 

	 	Title:
	 	Associate Director	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	UMB BANK, N.A.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Cecil G. Wood	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Cecil G. Wood	 	 
	 

	 	Title:
	 	Executive Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	UNION BANK, N.A. (formerly known as 

Union Bank of
California, N.A.)	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Hideyuki Okamoto	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Hideyuki Okamoto	 	 
	 

	 	Title:
	 	Vice President	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	US BANK NATIONAL ASSOCIATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ John M. Everman	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	John M. Everman	 	 
	 

	 	Title:
	 	Portfolio Manager	 	 

 

 

[SIGNATURE PAGE TO THIRD AMENDMENT

TO CREDIT AGREEMENT]

	 	 	 	 	 	 	 
	 	 	WACHOVIA BANK, NATIONAL 

ASSOCIATION, individually
and as 

Syndication Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Jonathan R. Richardson	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:
	 	Jonathan R. Richardson	 	 
	 

	 	Title:
	 	Senior Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00155-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00155-of-00352.parquet"}]]