Document:

Exhibit 10.40

 

EXECUTION VERSION

 

AMENDMENT NO. 4 TO
 SECOND AMENDED AND RESTATED CREDIT AGREEMENT

AND

AMENDMENT TO OTHER LOAN DOCUMENTS

 

THIS AMENDMENT NO. 4 TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT AND AMENDMENT TO OTHER LOAN DOCUMENTS (this “Amendment”) dated as of February 22, 2016, is among COMFORT SYSTEMS USA, INC., a Delaware corporation (the “Borrower”), the other entities identified as Guarantors on the signature pages hereto (the “Guarantors”), the several banks and other financial institutions signatories hereto (the “Lenders”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as Agent for the Lenders (the “Agent”).

 

RECITALS

 

A.            The Borrower, the Lenders and the Agent are parties to a Second Amended and Restated Credit Agreement dated as of July 16, 2010 (as amended, modified and supplemented prior to the date hereof, the “Credit Agreement”).

 

B.            The Borrower, the Guarantors, and the Agent are parties to a Second Amended and Restated Security Agreement dated as of July 16, 2010 (as amended, modified and supplemented prior to the date hereof, the “Security Agreement”).

 

C.            The Borrower, the Guarantors and the Agent are parties to a Second Amended and Restated Pledge Agreement dated as of July 16, 2010 (as amended, modified and supplemented prior to the date hereof, the “Pledge Agreement”).

 

D.            The Borrower, the Guarantors and the Agent are parties to a Second Amended and Restated Subsidiary Guaranty dated as of July 16, 2010 (as amended, modified and supplemented prior to the date hereof, the “Guaranty”).

 

E.            The Borrower and the Guarantors have requested that the Lenders approve this Amendment to amend certain terms and provisions of the Credit Agreement, Security Agreement and Pledge Agreement, as set forth herein.

 

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants set forth in this Amendment, the Borrower, the Guarantors, the Agent and the Lenders agree as follows:

 

1.             Defined Terms.  Unless otherwise defined in this Amendment, capitalized terms used in this Amendment have the meanings assigned to those terms in the Credit Agreement.

 

2.             Amendments to Credit Agreement.  The Credit Agreement is hereby amended as follows:

 

 

(a)           The cover page of the Credit Agreement is hereby amended to show BOKF, NA dba Bank of Texas as Syndication Agent and Capital One, N.A. and Branch Banking and Trust Company as Co-Documentation Agents.

 

(b)           The dollar amount set forth on the cover page of the Credit Agreement is hereby amended to be shown as $325,000,000.

 

(c)           Section 1.1 of the Credit Agreement is hereby amended by deleting the second sentence of the definition of “Aggregate Commitment” in its entirety and substituting therefor the following:

 

“As of the Amendment No. 4 Effective Date, the Aggregate Commitment is equal to $325,000,000.”

 

(d)           Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions in alphabetical order:

 

“Amendment No. 4 Effective Date” means February 22, 2016.

 

“Anti-Corruption Laws” means all laws, rules and regulations of any jurisdiction applicable to Borrower or its Subsidiaries from time to time concerning or relating to bribery or anti-corruption, including, without limitation, the United States Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder.

 

“Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution.

 

“Bail-In Legislation” means, with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule.

 

(e)           Section 1.1 of the Credit Agreement is hereby amended by deleting clause (b) of the definition of “Change of Control” and substituting in its place the following:

 

“(b) a majority of the directors of Borrower shall consist of Persons not approved by Borrower’s Board of Directors (not including as Board approved directors any directors which the Board is obligated to approve pursuant to shareholders agreements, voting trust arrangements or similar arrangements).”

 

(f)            Section 1.1 of the Credit Agreement is hereby amended by adding the following new phrase at the end of the definitions of “Consolidated Capital Expenditures” and “Consolidated Interest Expense”:

 

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“With respect to Non-Wholly Owned Subsidiaries, only that amount attributable to Borrower’s direct and indirect proportionate share shall be included for purposes of this calculation.”

 

(g)           Section 1.1 of the Credit Agreement is hereby amended by adding the following clause to the end of the definition of “Defaulting Lender”:

 

“or (iii) become the subject of a Bail-In Action.”

 

(h)           Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions in alphabetical order:

 

“EEA Financial Institution” means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

 

“EEA Member Country” means any of the member states of the European Union, Iceland, Liechtenstein, and Norway.

 

“EEA Resolution Authority” means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.

 

“Environmental Air Facilities” means the physical facilities owned or leased by Environmental Air Systems, LLC or any of its Subsidiaries, and any related assets that are ordinarily subject to a lien pursuant to a mortgage securing a real estate financing.

 

“EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time.

 

(i)            Section 1.1 of the Credit Agreement is hereby amended by adding the following new phrase at the end of the definition of “Eurodollar Rate”:

 

“; provided that if the applicable rate described in clause (a), (b) or (c) above is less than zero, such rate shall be deemed to be zero for purposes of this Agreement”.

 

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(j)            Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Excluded Assets” in its entirety and substituting the following definition therefor:

 

“Excluded Assets” means, collectively, (a) equity interests in any Unrestricted Subsidiary (including the Southeast Acquisition Entity), so long as a pledge or transfer of such equity interests would be prohibited or restricted under, or would require consent of a third party that is not an Affiliate pursuant to, the governing documents of such Unrestricted Subsidiary or any other agreement binding on the Restricted Persons or their assets; provided that (except with respect to the equity interests in the Southeast Acquisition Entity) in the event such pledge or transfer is not prohibited but is so restricted or would require such consent of a third party that is not an Affiliate, Borrower shall have used commercially reasonable efforts to satisfy such restriction or obtain such consent, (b) assets, a security interest in which would be prohibited by contract or applicable Law unless such prohibition is not effective under applicable Law, (c) assets as to which the Agent has determined in its sole discretion that the costs of obtaining a lien or security interest therein are excessive in relation to the value of the security to be afforded thereby and (d) equity interests in excess of 65% of the voting stock of any Foreign Subsidiary.

 

(k)           Section 1.1 of the Credit Agreement is hereby amended by adding the following definition in alphabetical order:

 

“FATCA” means Sections 1471 through 1474 of the Code, as of the Amendment No. 4 Effective Date (or any amended or successor version that is substantively comparable and not materially more onerous to comply with) and any current or future regulations thereunder or official interpretations thereof, any agreements entered into pursuant to Section 1471(b)(1) of the Code, any intergovernmental agreements between the United States and another country entered into in connection therewith, and any fiscal or regulatory legislation, rules, guidance notes or practices adopted pursuant to such intergovernmental agreement.

 

(l)            Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Foreign Subsidiary” in its entirety and substituting the following therefor:

 

“Foreign Subsidiary” means (a) any Subsidiary that is a “controlled foreign corporation” under Section 957 of the Internal Revenue Code of 1986, (b) any Subsidiary that is held directly or indirectly by such a “controlled foreign corporation” or (c) any Subsidiary all or substantially all of the assets of which are equity interests in one or more such “controlled foreign corporations”.

 

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(m)          Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “GAAP” in its entirety and substituting the following therefor:

 

“GAAP” means those generally accepted accounting principles and practices which are recognized as such by the Financial Accounting Standards Board (or any generally recognized successor) and which, in the case of Restricted Persons and their Consolidated Subsidiaries, are applied for all periods on a consistent basis, as in effect from time to time and in a manner consistent with that used in preparing the audited financial statements required by Section 6.2(a), except as otherwise specifically provided herein.  If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Loan Document, and either Borrower or Required Lenders shall so request, Agent, Lenders and Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of Required Lenders); provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) Borrower shall provide to Agent and Lenders financial statements and other documents required under this Agreement or otherwise reasonably requested hereunder setting forth a reconciliation between such calculations of such ratio or requirement made before and after giving effect to such change in GAAP.

 

(n)           Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Guarantors” in its entirety and substituting the following definition therefor:

 

“Guarantors” means, collectively, (a) each Subsidiary of the Borrower existing on the Amendment No. 4 Effective Date, other than an Immaterial Subsidiary, an Unrestricted Subsidiary or a Foreign Subsidiary, and (b) any Subsidiary of the Borrower that executes and delivers a Guaranty to the Agent after the Amendment No. 4 Effective Date, pursuant to Section 6.15.

 

(o)           Section 1.1 of the Credit Agreement is hereby amended by deleting clause (ii) of the proviso at the end of the definition of “Indebtedness” in its entirety and substituting therefor the following clause (ii):

 

“(ii) obligations under Operating Leases.”

 

(p)           Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Lender Party” in its entirety and substituting the following definition therefor:

 

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“Lender Party” means Agent, LC Issuer, Swingline Lender and all Lenders.”

 

(q)           Section 1.1 of the Credit Agreement is hereby amended by adding the following definition in alphabetical order:

 

“Lender Bank Services Obligations” means obligations to a Lender or an Affiliate of a Lender arising out of any of the following bank services provided by such Lender or Affiliate to a Restricted Person: commercial credit cards, commercial checking accounts, stored value cards, and treasury management services (including, without limitation, controlled disbursements, automated clearinghouse transactions, return items, overdraft and interstate depository network services).

 

(r)            Section 1.1 of the Credit Agreement is hereby amended by deleting the definitions of “Loan Documents”, “Maturity Date” and “Obligations” in their entirety and substituting the following definitions therefor:

 

“Loan Documents” means this Agreement, the Notes, the Security Documents, the Letters of Credit, the LC Applications and the Intercreditor Agreements to which Borrower and any Lender are a party, and all other agreements, certificates, documents, instruments and writings at any time delivered in connection herewith or therewith (exclusive of term sheets, commitment letters, any Hedging Contracts, and any agreements or arrangements pursuant to which Lender Bank Services Obligations are provided).

 

“Maturity Date” means the fifth anniversary of the Amendment No. 4 Effective Date.

 

“Obligations” means all indebtedness, liabilities and obligations, whether matured or unmatured, liquidated or unliquidated, primary or secondary, direct or indirect, absolute, fixed or contingent, from time to time owing by any Restricted Person to any Lender Party under or pursuant to any of the Loan Documents, including all LC Obligations.  “Obligation” means any part of the Obligations.

 

(s)            Section 1.1 of the Credit Agreement is hereby amended by adding the following definition in alphabetical order:

 

“OFAC” means the U.S. Department of the Treasury’s Office of Foreign Assets Control.

 

(t)            Section 1.1 of the Credit Agreement is hereby amended by adding the following definition in alphabetical order:

 

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“Operating Lease” means (i) an operating lease under GAAP, (ii) any lease that was treated as an operating lease under GAAP at the time it was entered into that later becomes a capital lease as a result of a change in GAAP during the life of such lease, including any renewals, and (iii) any lease entered into after the date of this Agreement that would have been considered an operating lease under the provisions of GAAP in effect as of the Closing Date.

 

(u)           Section 1.1 of the Credit Agreement is hereby amended by (i) deleting the word “and” at the end of clause (n) of the definition of “Permitted Liens”, (ii) deleting clause (o)

 

of such definition in its entirety, and (iii) substituting therefor the following clauses (o), (p) and (q):

 

“(o)         Liens securing Indebtedness permitted by Section 7.1(k), provided that such Liens attach only to the Environmental Air Facilities and proceeds thereof;

 

(p)           Liens securing Indebtedness permitted by Section 7.1(l); and

 

(q)           Liens in respect of Operating Leases.”

 

(v)           Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions of “Sanctioned Country”, “Sanctioned Person”, “Sanctions” and “Secured Party” in alphabetical order and replacing the definition of “Secured Obligations” with the following definition of “Secured Obligations”:

 

“Sanctioned Country” means at any time, a country or territory which is itself the subject or target of any Sanctions.

 

“Sanctioned Person” means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by OFAC, the U.S. Department of State, the United Nations Security Council, the European Union or Her Majesty’s Treasury, (b) any Person operating, organized or resident in a Sanctioned Country, (c) any Person owned in the aggregate, directly or indirectly, 50% or more by any such Person or Persons described in clauses (a) and (b) or (d) any Person controlled by any such Person or Persons described in clauses (a) and (b).

 

“Sanctions” means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by the U.S. government (including those administered by OFAC), the United Nations Security Council, the European Union or Her Majesty’s Treasury.

 

“Secured Obligations” means all Obligations, Lender Hedging Obligations, and Lender Bank Services Obligations; provided,

 

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however, that the “Secured Obligations” shall exclude any Excluded Swap Obligations.

 

“Secured Party” means each Lender Party and each Affiliate of a Lender that holds Lender Hedging Obligations or Lender Bank Services Obligations.

 

(w)          Section 1.1 of the Credit Agreement is hereby amended by deleting the reference to “Obligations” in the definition of “Security Documents” and replacing it with a reference to “Secured Obligations”.

 

(x)           Section 1.1 of the Credit Agreement is hereby amended by adding the following definition in alphabetical order:

 

“Write-Down and Conversion Powers” means, with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule.

 

(y)           Section 2.4 of the Credit Agreement is hereby amended by adding the following sentence at the end of said Section:

 

“No Loan or Letter of Credit will be requested and no proceeds of any Loan or Letter of Credit will be used (i) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws, (ii) to fund any activities or business (A) of or with any Person, that, at the time of such funding, is the subject of Sanctions or (B) in any country or territory that, at the time of such funding, is, or whose government is, the subject of Sanctions, or (iii) in any manner that would result in the violation of any Sanctions applicable to any party hereto.”

 

(z)           Section 2.17(b) of the Credit Agreement is hereby amended as follows:

 

(i)                                     by deleting the phrase “December 31, 2009” in clause (vi) thereof, and substituting therefor following:

 

“the date of the audited financial statements most recently delivered pursuant to Section 6.2(a)”;

 

(ii)                                  by deleting clause (viii) thereof in its entirety and substituting therefor the following:

 

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“(viii)      the aggregate amount of the Lenders’ Revolving Loan Commitments shall not exceed $425,000,000 without the approval of all Lenders; and”.

 

(aa)         Section 2.18(c) of the Credit Agreement is hereby amended by adding the following phrase at the end of clause (i) thereof:

 

“; provided that, subject to Section 10.12, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a non-Defaulting Lender as a result of such non-Defaulting Lender’s increased exposure following such reallocation;”

 

(bb)         Section 3.3(a) of the Credit Agreement is hereby amended by deleting clause (i) thereof in its entirety and substituting therefor the following:

 

“(i)          shall change the basis of taxation of payments to any Lender Party of any principal, interest, or other amounts attributable to any Eurodollar Loan or Letter of Credit or otherwise due under this Agreement in respect of any Eurodollar Loan or Letter of Credit (other than Reimbursable Taxes governed by Section 3.6 and Taxes imposed on or measured by its overall net income, and franchise Taxes (in lieu of net income taxes) and branch profits Taxes imposed on it, by the jurisdiction (or any political subdivision thereof) under the Laws of which it is organized or otherwise resides for tax purposes or maintains any Applicable Lending Office); or”.

 

(cc)         Section 3.6 of the Credit Agreement is hereby amended by deleting subsections (a), (b) and (d) thereof in their entirety and substituting therefor the following:

 

“(a)         Borrower will indemnify each Lender Party against and reimburse each Lender Party for all present and future Taxes imposed, assessed, levied or collected on or in respect of this Agreement or any Eurodollar Loans or Letters of Credit (whether or not legally or correctly imposed, assessed, levied or collected), excluding, however, (i) Taxes imposed on or measured by its overall net income, franchise taxes (in lieu of net income taxes) and branch profits Taxes, imposed on it by the jurisdiction (or any political subdivision thereof) under the Laws of which it is organized or otherwise resides for tax purposes or maintains any Applicable Lending Office, (ii) with respect to each Lender Party, Taxes imposed by reason of any present or former connection between such Lender Party and the jurisdiction imposing such Taxes, other than solely as a result of this Agreement or any Note or any transaction contemplated hereby, (iii) any United States 

 

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withholding Tax imposed on any payment by Borrower pursuant to this Agreement or under any Eurodollar Loans or Letters of Credit, but not excluding any portion of such Tax that exceeds the United States withholding tax which would have been imposed on such a payment to such Lender Party under the laws and treaties in effect when such Lender Party first becomes a party to this Agreement, (iv) Taxes attributable to such recipient’s failure to comply with requirements to deliver the Prescribed Forms as set forth Section 3.6(d), (v) any United States federal withholding Taxes imposed under FATCA, and (vi) any interests, penalties, additions to Tax or other charges imposed in connection with any of the items set forth in clause (i) through (v) (all such non-excluded Taxes being collectively called “Reimbursable Taxes”).  Such indemnification shall be on an after-tax basis and, except as otherwise provided in Section 3.6(b), paid within 3 Business Days after a Lender Party makes demand therefor.

 

(b)           All payments on account of the principal of, and interest on, each Lender Party’s Loans and Note, and all other amounts payable by Borrower to any Lender Party hereunder, shall be made in full without set-off or counterclaim and shall be made free and clear of and without deductions or withholdings of any nature by reason of any Reimbursable Taxes (except to the extent required by applicable Law), all of which will be for the account of Borrower.  In the event of Borrower or the Agent being compelled by Law to make any such deduction or withholding from any payment to any Lender Party, Borrower shall pay on the due date of such payment, by way of additional interest, such additional amounts as are needed to cause the amount receivable by such Lender Party after such deduction or withholding to equal the amount which would have been receivable in the absence of such deduction or withholding.  If Borrower should make any deduction or withholding as aforesaid, Borrower shall within 60 days thereafter forward to the Agent an official receipt or other official document evidencing payment of such deduction or withholding.

 

(d)           Notwithstanding the foregoing provisions of this section, Borrower and Agent shall be entitled, to the extent such party is required to do so by Law, to deduct or withhold (and not to make any indemnification or reimbursement for) income or other similar Taxes imposed by the United States of America from interest, fees or other amounts payable hereunder for the account of any Lender Party, other than a Lender Party (i) who is a U.S. person for Federal income tax purposes that delivered to Agent executed originals of IRS Form W-9 certifying that such Lender Party is exempt from United States federal backup withholding tax or (ii) who has the Prescribed Forms on file with Agent (with copies

 

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provided to Borrower) for the applicable year to the extent deduction or withholding of such Taxes is not required as a result of the filing of such Prescribed Forms, provided that if Borrower or Agent shall so deduct or withhold any such Taxes, Borrower or Agent, as applicable, shall provide a statement to Agent (if applicable) and such Lender Party, setting forth the amount of such Taxes so deducted or withheld, the applicable rate and any other information or documentation which such Lender Party may reasonably request for assisting such Lender Party to obtain any allowable credits or deductions for the Taxes so deducted or withheld in the jurisdiction or jurisdictions in which such Lender Party is subject to tax.  As used in this section, “Prescribed Forms” means such duly executed forms or statements, and in such number of copies, which may, from time to time, be prescribed by Law or otherwise reasonably requested by Agent (in form reasonably acceptable to Agent) and which, pursuant to applicable provisions of (x) an income tax treaty between the United States and the country of residence of the Lender Party providing the forms or statements, (y) the Internal Revenue Code, or (z) any applicable rules or regulations thereunder, permit Borrower to make payments hereunder for the account of such Lender Party free of such deduction or withholding of income or similar Taxes.  If a payment made to a Lender Party under this Agreement or any Eurodollar Loans or Letters of Credit would be subject to United States federal withholding Tax imposed by FATCA if such person were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender Party shall deliver to Borrower and Agent at the time or times prescribed by law and at such time or times reasonably requested by Borrower or Agent such documentation prescribed by applicable Law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by Borrower or Agent as may be necessary for Borrower and Agent to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender Party’s obligations under FATCA or to determine the amount to deduct and withhold from such payment.  For the avoidance of doubt, for all purposes from and after the Amendment No. 4 Effective Date, the parties shall treat any payment under this Agreement or any Eurodollar Loans or Letters of Credit as not being eligible to the grandfathering rules under FATCA.  Solely for purposes of this clause (d), “FATCA” shall include any amendments made to FATCA after the Amendment No. 4 Effective Date.”

 

(dd)                          Section 4.2 of the Credit Agreement is hereby amended by deleting clause (d) thereof in its entirety and substituting therefor the following:

 

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“(d)                           No Material Adverse Change shall have occurred since December 31, 2014.”

 

(ee)                            Section 5.6 of the Credit Agreement is hereby amended to replace the reference therein to “December 31, 2009” with a reference to “December 31, 2014”.

 

(ff)                              Section 5.13 of the Credit Agreement is hereby amended to replace each reference therein to “Amendment No. 3 Effective Date” with a reference to “Amendment No. 4 Effective Date”.

 

(gg)                            Article V of the Credit Agreement is hereby amended by adding the following new Section 5.22 at the end of said Article:

 

“Section 5.22                       Anti-Corruption Laws and Sanctions.  None of (a) Borrower, any Subsidiary or, to the knowledge of Borrower, any of their respective directors, officers, employees or affiliates, (b) to the knowledge of Borrower, any agent or representative of Borrower or any Subsidiary that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person or currently the subject or target of any Sanctions or (ii) has taken any action, directly or indirectly, that would result in a material violation by Borrower or any Guarantor of any Anti-Corruption Laws.”

 

(hh)                          Section 6.2(b) of the Credit Agreement is hereby amended by deleting the second sentence thereof in its entirety and substituting therefor the following:

 

“In addition Borrower will, together with each such set of financial statements and each set of financial statements furnished under subsection (a) of this section, furnish a certificate in the form of Exhibit 6.2(b) signed by the chief financial officer of Borrower stating that such financial statements are fair and complete in all material respects and fairly present the Consolidated financial position of Borrower for the periods covered thereby (subject to normal year-end adjustments), stating that he has reviewed the Loan Documents, containing calculations showing compliance (or non-compliance) at the end of such Fiscal Quarter with the requirements of Section 7.11, showing Borrower’s compliance (or non-compliance) as of the end of such Fiscal Quarter with the negative covenants set forth in Sections 7.1 through 7.10 and Section 7.12 and stating that no Default exists at the end of such Fiscal Quarter or at the time of such certificate or specifying the nature and period of existence of any such Default.”

 

(ii)                                  Section 6.11 of the Credit Agreement is hereby amended by deleting the first sentence thereof in its entirety and substituting therefor the following:

 

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“Each Restricted Person will conduct its business and affairs in compliance with all Laws applicable thereto, except as could not reasonably be expected to cause a Material Adverse Change.”

 

(jj)                                Section 6.15 of the Credit Agreement is hereby amended by deleting the first sentence thereof in its entirety and substituting therefor the following:

 

“Each Subsidiary created, acquired or coming into existence after the date hereof, other than an Immaterial Subsidiary, an Unrestricted Subsidiary or a Foreign Subsidiary, shall, promptly upon request by Agent, execute and deliver to Agent an absolute and unconditional guaranty of the timely repayment of the Secured Obligations and the due and punctual performance of the Secured Obligations, which guaranty shall be in substantially the same form as the Guaranty entered into as of the Closing Date or otherwise reasonably satisfactory to Agent in form and substance.”

 

(kk)                          Section 6.16 of the Credit Agreement is hereby amended by replacing the reference therein to “Obligations” with a reference to “Secured Obligations”.

 

(ll)                                  Section 7.1 of the Credit Agreement is hereby amended by (i) replacing the reference to “Obligations” in clause (a) thereof with a reference to “Secured Obligations” and (ii) replacing the reference to “$40,000,000” in clause (h) thereof with a reference to “$50,000,000”.

 

(mm)                  Section 7.1 of the Credit Agreement is hereby further amended by deleting the word “and” at the end of clause (j) thereof, deleting clause (k) thereof in its entirety and substituting therefor the following clauses (k) and (l):

 

“(k)                           Indebtedness related to the Environmental Air Facilities not to exceed $35,000,000 in the aggregate at any time outstanding; and

 

(l)                                     any other Indebtedness not to exceed $15,000,000 in the aggregate at any time outstanding.”

 

(nn)                          Section 7.3 of the Credit Agreement is hereby amended by inserting the phrase “or an Affiliate of Agent or any Lender” immediately after the word “Lender”.

 

(oo)                          Section 7.6 of the Credit Agreement is hereby amended by deleting subsection (a) thereof in its entirety and substituting therefor the following:

 

“(a)                           No Restricted Person will declare or make any Distribution except, in each case, so long as no Default or Event of Default exists at the time thereof or would result therefrom:

 

(i)                                     Distributions made at any time when the Net Leverage Ratio is less than or equal to 1.00 to 1.00;

 

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(ii)                                  regularly scheduled dividends in an amount per share paid in any Fiscal Quarter not to exceed 125% of the amount per share paid during the immediately preceding Fiscal Quarter; provided that all such increases paid in any Fiscal Year shall not exceed $1,500,000; and

 

(iii)                               (A) repurchases of the Borrower’s common stock made on or prior to September 30, 2015, in an aggregate amount not to exceed $25,000,000 and (B) repurchases of the Borrower’s common stock made after the Amendment No. 4 Effective Date but on or prior to December 31, 2017, in an aggregate amount not to exceed $25,000,000.”

 

(pp)                          Section 7.7(a) of the Credit Agreement is hereby amended by deleting clause (ii) thereof in its entirety and substituting therefor the following:

 

“(ii) investments in Unrestricted Subsidiaries not in excess of $15,000,000 during any Fiscal Year, and”.

 

(qq)                          Section 7.7(b) of the Credit Agreement is hereby amended by deleting clause (i) thereof in its entirety and substituting therefor the following:

 

“(i) $50,000,000 in the aggregate in any Fiscal Year plus”.

 

(rr)                                Section 7.7(c) of the Credit Agreement is hereby amended by deleting clause (iii) thereof in its entirety and substituting therefor the following:

 

“(iii)                         either (A) the Total Leverage Ratio is less than or equal to 2.00 to 1.00 after giving pro forma effect to the Acquisition or (B) the purchase price for such Acquisition is less than or equal to $30,000,000 and the aggregate purchase price for such Acquisition and all prior Acquisitions made during the Fiscal Year when such Acquisition is consummated is less than or equal to $65,000,000; or”.

 

(ss)                              Section 7.11 of the Credit Agreement is hereby amended by deleting paragraphs (a) and (c) in their entirety and substituting therefor the following:

 

“(a)                           Minimum Fixed Charge Coverage Ratio.  The Borrower will not permit the ratio, determined as of the end of each of its Fiscal Quarters, for the then most-recently ended four Fiscal Quarters, of (i) its Consolidated EBITDA, minus (A) Consolidated Capital Expenditures, (B) the provision for income taxes (excluding one-time tax charges arising solely from changes to GAAP), and (C) if the Net Leverage Ratio for the most recently ended four Fiscal Quarters is greater than 1.50 to 1.00, Distributions made to Persons that are not Restricted Persons during such four-Fiscal Quarter period (other than (x) any

 

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Distribution permitted under Section 7.6(a)(iii) if at the time of and after giving effect to such Distribution the Net Leverage Ratio was less than or equal to 1.50 to 1.00 and (y) any Distribution made by a Restricted Person that is a Non-Wholly Owned Subsidiary to the holders of its equity interests that are not Restricted Persons on a pro rata basis), in each case, calculated for the Borrower on a Consolidated basis, to (ii) its Consolidated Interest Expense for such four-Fiscal Quarter period, plus scheduled principal payments of Indebtedness made during such four-Fiscal Quarter period, to be less than 2.00 to 1.00.

 

(c)                                  Total Leverage Ratio.  The Borrower will not permit its Total Leverage Ratio, determined as of the end of each of its Fiscal Quarters, for the then most-recently ended four Fiscal Quarters, to be greater than (i) 3.00 to 1.00 as of the end of each Fiscal Quarter ending after the Amendment No. 4 Effective Date through and including the Fiscal Quarter ending September 30, 2017, and (b) 2.75 to 1.00 as of the end of each Fiscal Quarter thereafter.”

 

(tt)                                Section 7.12 of the Credit Agreement is hereby amended by restating clause (c) thereof and substituting the following therefor:

 

“(c)                            pursuant to any other agreement that does not restrict in any manner (directly or indirectly) Liens created pursuant to the Loan Documents on property or assets of the Borrower or any other Restricted Person (whether now owned or hereafter acquired) securing the Secured Obligations and does not require the direct or indirect granting of any Lien securing any Indebtedness or other obligation by virtue of the granting of Liens on or pledge of property of the Borrower or any other Restricted Person to secure the Secured Obligations;”.

 

(uu)                          Section 8.3 of the Credit Agreement is hereby amending by (i) replacing each reference therein to “Obligation” or “Obligations” with a reference to “Secured Obligation” or “Secured Obligations”, as applicable, (ii) replacing the reference therein to “Lender Parties” with a reference to “Secured Parties”, and (iii) deleting clause (d) thereof in its entirety and substituting therefor the following clauses (d) and (e):

 

“(d)                           Fourth, to the payment of that portion of the Secured Obligations constituting Lender Bank Services Obligations, ratably among the Secured Parties to whom such Secured Obligations are owed; provided that Agent shall have no independent responsibility to determine the existence or amount of Lender Bank Services Obligations and may reserve from the application of amounts under this Section amounts distributable in respect of Lender Bank Services Obligations until it has received evidence satisfactory to it of the existence and amount of such Lender Bank

 

15

 

Services Obligations; provided, further, however, that Agent may rely on statements of the Secured Parties as to the existence and amounts of Lender Bank Services Obligations owing to them; and

 

(e)                                  The balance, if any, after all of the Secured Obligations have been indefeasibly paid in full, to the Borrower or as otherwise required by Law.

 

(vv)                          Section 9.2 of the Credit Agreement is hereby amended by deleting the word “may” in clause (a) of the second sentence thereof and substituting therefor the word “shall”.

 

(ww)                      Section 10.1(a) of the Credit Agreement is hereby amended by replacing the reference to “Obligations” in the last sentence thereof with a reference to “Secured Obligations”.

 

(xx)                          Section 10.5(b) of the Credit Agreement is hereby amended by adding the following new paragraph at the end of said Section:

 

“Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of Borrower, maintain a register on  which it enters the name and address of each participant and the principal amounts of (and stated interest on) each participant’s interest in the Loan Documents or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any participant or any information relating to a participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations.  The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary.”

 

(yy)                          Section 10.5(f) is hereby amended by deleting the first two sentences thereof and substituting therefor the following:

 

“Agent shall maintain a copy of each Assignment and Acceptance and a register for the recordation of the names and addresses of Lenders and the Percentage Shares of, and principal amount of (and stated interest on) the Loans owing to, each Lender from time to time (in this section called the “Register”).  The entries in the

 

16

 

Register shall be conclusive, in the absence of manifest error, and Borrower and each Lender Party shall treat each Person whose name is recorded in the Register as a Lender hereunder for all purposes.”

 

(zz)                            Article X of the Credit Agreement is hereby amended by adding the following new Section 10.16 at the end of said Article:

 

“Section 10.16                            Acknowledgement and Consent to Bail-In of EEA Financial Institutions.  Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

 

(a)                                 the application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any such liabilities arising hereunder which may be payable to it by any party hereto that is an EEA Financial Institution; and

 

(b)                                 the effects of any Bail-in Action on any such liability, including, if applicable:

 

(i)                                     a reduction in full or in part or cancellation of any such liability;

 

(ii)                                  a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or

 

(iii)                               the variation of the terms of such liability in connection with the exercise of the write-down and conversion powers of any EEA Resolution Authority.”

 

(aaa)                   The Pricing Schedule to the Credit Agreement is hereby replaced in its entirety with the Pricing Schedule attached to this Amendment.

 

(bbb)                   Exhibit 6.2(b) to the Credit Agreement is hereby replaced in its entirety with Exhibit 6.2(b) attached to this Amendment.

 

17

 

(ccc)                      Schedule 3.1 to the Credit Agreement and Sections 5.13 and 5.14 of Schedule 5 to the Credit Agreement are hereby replaced in their entirety with Schedule 3.1 and Sections 5.13 and 5.14 of Schedule 5 attached to this Amendment.

 

3.                                      Amendments to Security Agreement.

 

(a)                                 Sections 1(a), 2, 3, 4, 5, 7, 8, 9, 10, 16 and 20 of, and Exhibit A to, the Security Agreement are hereby amended by replacing each reference therein to “Lender” or “Lenders” with a reference to “Secured Party” or “Secured Parties”, as applicable.

 

(b)                                 The last sentence of Section 8(a) to the Security Agreement is hereby amended by replacing the reference therein to “Obligations” with a reference to “Secured Obligations”.

 

(c)                                  Schedules I and III to the Security Agreement are hereby replaced in their entirety with Schedules I and III to the Second Amended and Restated Security Agreement attached to this Amendment.

 

4.                                      Amendments to Pledge Agreement.

 

(a)                                 Section 1 of the Pledge Agreement is hereby amended by deleting the definition of “Secured Obligations” in its entirety.

 

(b)                                 Section 2 of the Pledge Agreement is hereby amended by deleting clause (b) thereof and substituting therefor the following:

 

“(b)                           any additional shares of stock of a Subsidiary (other than an Immaterial Subsidiary or any shares of stock that constitute Excluded Assets) from time to time acquired by such Pledgor in any manner (which shares shall be deemed to be part of the Pledged Shares), and the certificates representing such additional shares, and all dividends, distributions, cash, instruments, and other property or proceeds from time to time received, receivable, or otherwise distributed in respect of or in exchange for any or all of such stock; and”.

 

(c)                                  Section 3 of the Pledge Agreement is hereby deleted in its entirety and the following is substituted therefor:

 

“3.                                Security for Secured Obligations.  This Agreement secures, and the Pledged Collateral is security for, the prompt payment in full when due, whether at stated maturity, by acceleration  or otherwise, and performance of all Secured Obligations (as defined in the Credit Agreement).”

 

(d)                                 Section 5 of the Pledge Agreement is hereby amended by deleting clause (i) thereof and substituting therefor the following:

 

18

 

“(i)                               The Pledged Shares constitute 100% of the issued and outstanding shares of stock owned by a Pledgor in each Pledged Entity, except with respect to any Pledged Entity that is a Foreign Subsidiary, in which case the Pledged Shares in respect of such Pledged Entity constitute at least 65% of the issued and outstanding shares of voting stock owned by a Pledgor in such Pledged Entity, and except as disclosed on Schedule I or otherwise in writing to the Agent; and”.

 

(e)                                  Section 6(d) of the Pledge Agreement is hereby amended by deleting the first sentence thereof and substituting therefor the following:

 

“Each Pledgor will, upon obtaining ownership of any additional stock or promissory notes or instruments of a Subsidiary (other than any stock that constitutes an Excluded Asset or stock of an Immaterial Subsidiary), which stock, notes or instruments are not already Pledged Collateral, promptly (and in any event with three (3) Business Days) deliver to Agent a Pledge Amendment, duly executed by such Pledgor, in substantially the form of Schedule II hereto (a “Pledge Amendment”) in respect of any such additional stock, notices or instruments, pursuant to which such Pledgor shall pledge to Agent all of such additional stock, notes and instruments.”

 

(f)                                   Sections 2, 4, 5(g), 6(b) and 20 of the Pledge Agreement are hereby amended by replacing each reference therein to “Lender” or “Lenders” with a reference to “Secured Party” or “Secured Parties”, as applicable.

 

(g)                                  Section 20 of the Pledge Agreement is hereby amended by replacing the reference therein to “Obligations” with a reference to “Secured Obligations”.

 

(h)                                 Schedule I to the Pledge Agreement is hereby replaced in its entirety with Schedule I to the Second Amended and Restated Pledge Agreement attached to this Amendment.

 

5.                                      Amendments to Guaranty.

 

(a)                                 Sections 2.1, 2.2, 2.5, 2.6, 2.7, 2.8, 2.9, 4, 5, 6, 7 and 8 of the Guaranty are hereby amended by replacing each reference therein to “Lender” or “Lenders” with a reference to “Secured Party” or “Secured Parties”, as applicable.

 

(b)                                 The third “Whereas” paragraph in the recitals of the Guaranty is hereby amended by replacing the reference therein to “Obligations” with a references to “Secured Obligations”.

 

(c)                                  Section 2.1 of the Guaranty is hereby amended by deleting the title and first sentence thereof and substituting the following therefor:

 

19

 

“Section 2.1                              Guaranty of Guaranteed Obligations. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Secured Parties, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Secured Obligations (hereinafter the “Guaranteed Obligations”).

 

(d)                                 Sections 2.6(e) and 7.5 of the Guaranty are hereby amended by replacing each reference therein to “Obligation” or “Obligations” with a reference to “Secured Obligation” or “Secured Obligations”, as applicable.

 

6.                                      Joinder of New Subsidiaries.  Each of (i) Comfort Systems USA (Indiana), LLC, an Indiana limited liability company, (ii) CSUSA (10), LLC, a North Carolina limited liability company, (iii) Environmental Air Systems, LLC, a North Carolina limited liability company, (iv) Envirotrol, LLC, a North Carolina limited liability company, (v) Shoffner Acquisition Corp., a Tennessee corporation, (vi) ShoffnerKalthoff Mechanical Electrical Service, Inc., a Tennessee corporation, (vii) Shoffner Mechanical Services, Inc., a Tennessee corporation, and (viii) SKMES, Inc., a Tennessee corporation (each a “New Subsidiary”) hereby:

 

(a)                                 (i) joins the Guaranty as a party thereto and assumes all of the obligations of a Guarantor (as defined in the Guaranty) under the Guaranty, (ii) agrees to be bound by the provisions of the Guaranty as if such New Subsidiary had been an original party to the Guaranty and (iii) confirms that, after joining the Guaranty as set forth herein, the representations and warranties sent forth in the Guaranty with respect to such New Subsidiary are true and correct in all material respects as of the date of this Amendment;

 

(b)                                 (i) joins the Security Agreement as a party thereto and assumes all of the obligations of a Grantor (as defined in the Security Agreement) under the Security Agreement, (ii) grants the security interests described in and agrees to be bound by the provisions of the Security Agreement as if such New Subsidiary had been an original party to the Security Agreement and (iii) confirms that, after joining the Security Agreement as set forth herein, the representations and warranties sent forth in the Security Agreement with respect to such New Subsidiary are true and correct in all material respects as of the date of this Amendment; and

 

(c)                                  (i) joins the Pledge Agreement as a party thereto and assumes all of the obligations of a Pledgor (as defined in the Pledge Agreement) under the Pledge Agreement, (ii) grants the security interests described in and agrees to be bound by the provisions of the Pledge Agreement as if such New Subsidiary had been an original party to the Pledge Agreement and (iii) confirms that, after joining the Pledge Agreement as set forth herein, the representations and warranties sent forth in the Pledge Agreement with respect to such New Subsidiary are true and correct in all material respects as of the date of this Amendment.

 

7.                                      Conditions to Effectiveness.  This Amendment will become effective on the date that the following conditions have been satisfied or waived:

 

20

 

(a)           the Agent shall have received counterparts of this Amendment, executed and delivered by the Borrower, the Guarantors, the Agent and the Lenders;

 

(b)           the Agent shall have received a Revolving Note for each Lender substantially in the form of Exhibit 2.1 to the Credit Agreement in the principal amount of each such Lender’s Revolving Loan Commitment as set forth on Schedule 3.1 attached hereto;

 

(c)           the representations and warranties of the Borrower and the Guarantors in Section 8 of this Amendment shall be true and correct;

 

(d)           the Agent shall have received, or shall concurrently receive, payment of all fees payable in connection with this Amendment including, without limitation, the fees payable to pursuant to that certain Fee Letter dated January 15, 2016;

 

(e)           the Agent shall have received the following certificates of Borrower and, as appropriate, the Guarantors:

 

(i)                                     an “Omnibus Certificate” of the Secretary or Assistant Secretary of the Borrower and each Guarantor, which shall (i) contain the names and signatures of the officers of Borrower and each Guarantor authorized to execute Loan Documents, (ii) certify that there have been no changes to the charter documents or bylaws of the Borrower and each Guarantor previously delivered to the Agent (or, to the extent any such documents have changed, attach and certify to the truth, correctness and completeness of such documents) and (iii) attach and certify to the truth, correctness and completeness of a copy of resolutions duly adopted by the Board of Directors of Borrower and each Guarantor and in full force and effect at the time this Amendment is entered into, authorizing the execution of this Amendment and the other Loan Documents delivered or to be delivered in connection herewith and the consummation of the transactions contemplated herein and therein; and

 

(ii)                                  a “Closing Certificate” of the chief financial officer of Borrower, as of the date of this Amendment, certifying that (A) the conditions set out in subsections (a), (b), and (c) of Section 4.2 of the Credit Agreement have been satisfied and (B) the financial information of Borrower most recently delivered to the Agent pursuant to Section 6.2(b) of the Credit Agreement fairly present the Consolidated financial position of Borrower for the periods covered thereby;

 

(f)            a certificate of existence and good standing for Borrower issued by the Secretary of State of Delaware, a certificate of due qualification to do business for the Borrower issued by the Secretary of State of Texas and evidence that the Borrower’s authority to transact business in the State of Texas is active;

 

(g)           a favorable opinion of (i) Bracewell LLP, counsel for Restricted Persons, in form and substance reasonably satisfactory to the Agent; and (ii) Trent McKenna, in-house counsel for Restricted Persons, in form and substance reasonably satisfactory to the Agent;

 

21

 

(h)           the Agent shall have received, in form and substance reasonably satisfactory to the Agent, projections prepared by management of balance sheets, income statements and cashflow statements of the Borrower and its Subsidiaries for the Fiscal Years ending December 31, 2015 through December 31, 2020; and

 

(i)            the Agent shall have received, in form and substance reasonably satisfactory to the Agent, the certificates of insurance required by Section 6.8 of the Credit Agreement.

 

8.             Representations and Warranties.  The Borrower and the Guarantors hereby represent and warrant to the Agent and each of the Lenders as follows:

 

(a)           This Amendment has been duly authorized by all necessary corporate or other action and constitutes the binding obligation of the Borrower and the Guarantors.

 

(b)           Each of the representations and warranties made by the Borrower and the Guarantors in or pursuant to the Credit Agreement and the other Loan Documents is true and correct in all material respects as of the date hereof, as if made (after giving effect to this Amendment) on and as of such date, except for any representations and warranties made as of a specified date, which were true and correct in all material respects as of such specified date.

 

(c)           After giving effect to this Amendment, no Default or Event of Default has occurred and is continuing as of the date hereof.

 

(d)           Since December 31, 2014, there has occurred no Material Adverse Change.

 

9.             New Lender.

 

(a)           By its execution of this Amendment, SunTrust Bank (the “New Lender”) agrees to become a Lender for all purposes and to the same extent as if originally a party to the Credit Agreement and agrees to be bound by and entitled to the benefits of the Credit Agreement.

 

(b)           The New Lender hereby (i) represents and warrants that it is legally authorized to enter into this Amendment and become a “Lender” under the Credit Agreement; (ii) confirms that it has received a copy of the Credit Agreement, together with the copies of the most recent financial statements delivered pursuant to Section 6.2 thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment and become a “Lender” under the Credit Agreement; (iii) agrees that it will, independently and without reliance upon the Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement; (iv) appoints and authorizes the Agent to take any action as agent on its behalf and to exercise any powers under the Loan Documents that are delegated to the Agent by the terms of the Loan Documents, together with all powers that are reasonably incidental thereto; and (v) agrees that it shall perform in accordance with their terms all of the obligations which by the terms of the Credit Agreement are required to be performed by it as a Lender.

 

22

 

10.          Continuing Effect of the Credit Agreement and Other Loan Documents.  This Amendment does not constitute a waiver of any provision of the Credit Agreement or any other Loan Document and, except as expressly provided herein, is not to be construed as a consent to any action on the part of the Borrower or the Guarantors that would require a waiver or consent of the Lenders or an amendment or modification to any term of the Loan Documents.  The Borrower and the Guarantors hereby confirm and ratify the Credit Agreement as amended hereby and each of the other Loan Documents to which it is a party and acknowledges and agrees that the same continue in full force and effect as amended hereby (as applicable).

 

11.          Reference to the Credit Agreement, Security Agreement or Pledge Agreement.  Upon the effectiveness of this Amendment, each reference in the Credit Agreement, Security Agreement or Pledge Agreement to “this Agreement”, “this Security Agreement”, “hereunder”, “herein” or words of like import refer to the Credit Agreement, Security Agreement or Pledge Agreement, as applicable, as amended and affected hereby.

 

12.          Designation as Loan Document.  This Amendment is a Loan Document.

 

13.          Counterparts.  This Amendment may be executed by all parties hereto in any number of separate counterparts each of which may be delivered in original, facsimile or other electronic (e.g., “.pdf”) form and all of such counterparts taken together constitute one instrument.

 

14.          References.  The words “hereby,” “herein,” “hereinabove,” “hereinafter,” “hereinbelow,” “hereof,” “hereunder” and words of similar import when used in this Amendment refer to this Amendment as a whole and not to any particular article, section or provision of this Amendment.  References in this Amendment to a section number are to such sections of the Credit Agreement unless otherwise specified.

 

15.          Headings Descriptive.  The headings of the several sections of this Amendment are inserted for convenience only and do not in any way affect the meaning or construction of any provision of this Amendment.

 

16.          Governing Law.  This Amendment is governed by and will be construed in accordance with the law of the State of Texas.

 

17.          Payment of Expenses.  The Borrower shall pay or reimburse the Agent for all of its reasonable out-of-pocket costs and reasonable expenses incurred in connection with this Amendment, any other documents prepared in connection herewith and the transactions contemplated hereby, including, without limitation, the reasonable fees and disbursements of counsel to the Agent.

 

18.          Final Agreement of the Parties.  THIS AMENDMENT, THE CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.  THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES.

 

[Signature Pages Follow]

 

23

 

IN WITNESS WHEREOF, the parties are signing this Amendment as of the date first above written.

 

	
 
    	
COMFORT SYSTEMS USA, INC.,
    
	
 
    	
Borrower
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ William George III
    
	
 
    	
 
    	
William George III
    
	
 
    	
 
    	
Executive Vice President,
    
	
 
    	
 
    	
Chief Financial Officer
    
	
 
    	
 
    	
and Assistant Secretary
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Address:
    
	
 
    	
 
    
	
 
    	
Comfort Systems USA, Inc.
    
	
 
    	
675 Bering, Suite 400
    
	
 
    	
Houston, Texas 77057
    
	
 
    	
Attention: William George III
    
	
 
    	
Telephone: (713) 830-9650
    
	
 
    	
Fax: (713) 830-9659
    

 

Signature Page to Amendment No. 4

 

 

ACKNOWLEDGMENT OF GUARANTORS

 

Each of the undersigned Guarantors hereby executes this Amendment to evidence its agreement to the modification of the Loan Documents to which it is a party and to confirm that each Loan Document (as the same may be amended or amended and restated, as the case may be, pursuant to and in connection with this Amendment) to which it is a party or otherwise bound remains in full force and effect and that all Collateral encumbered thereby will continue to secure, to the fullest extent possible, the payment and performance of all “Obligations”, “Secured Obligations” and “Guaranteed Obligations” (in each case as such term is defined in the applicable Loan Document), including without limitation the payment and performance of all such “Obligations”, “Secured Obligations” and “Guaranteed Obligations” in respect of the Obligations now or hereafter existing under or in respect of the Credit Agreement and the other Loan Documents.  The Guarantors specifically reaffirm and extend their obligations under each of their applicable Guaranties to cover all indebtedness evidenced by the Credit Agreement as same has been created, amended and/or restated by or in connection with this Amendment.  The Guaranties and all the terms thereof shall remain in full force and effect and the Guarantors hereby acknowledge and agree that same are valid and existing and that each of the Guarantors’ obligations thereunder shall not be impaired or limited by the execution or effectiveness of this Amendment, except as expressly provided herein.  Each Guarantor hereby represents and warrants that all representations and warranties contained in this Amendment and the other Loan Documents to which it is a party or otherwise bound are true, correct and complete in all material respects on and as of the dated of this Amendment, except to the extent such representations and warranties specifically relate to an earlier date, in which case they were true, correct and complete in all material respects on and as of such earlier date.  The Agent on behalf of the Lenders hereby preserves all its rights against each Guarantor under its applicable Guaranty and the other Loan Documents to which each applicable Guarantor is a party.

 

Each Guarantor acknowledges and agrees that (i) notwithstanding the conditions to the effectiveness set forth in this Amendment, such Guarantor is not required by the terms of the Credit Agreement, this Amendment or any other Loan Document to consent to the amendments of the Credit Agreement effected pursuant to this Amendment; and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Guarantor to any future amendments to the Credit Agreement.

 

ACCU-TEMP GP, INC.

ACCU-TEMP LP, INC.

ACI MECHANICAL, INC.

ACORN INDUSTRIAL, LLC, by Comfort Systems USA (MidAtlantic), LLC, as Sole Managing Member

AIR SYSTEMS ENGINEERING, INC.

AIRTEMP, INC.

ARC COMFORT SYSTEMS USA, INC.

ATLAS-ACCURATE HOLDINGS, L.L.C., by CS53 Acquisition Corp., as Sole Managing Member

ATLAS COMFORT SYSTEMS USA, L.L.C., by Hess Mechanical, LLC, as Sole Managing Member

 

Signature Page to Amendment No. 4

 

 

BATCHELOR’S MECHANICAL CONTRACTORS, LLC, by H & M Mechanical, Inc., as Sole Managing Member

BCM CONTROLS CORPORATION

COLONIALWEBB CONTRACTORS COMPANY

CALIFORNIA COMFORT SYSTEMS USA, INC.

COMFORT SYSTEMS USA (ARKANSAS), INC.

COMFORT SYSTEMS USA (BALTIMORE), LLC, by Hess Mechanical, LLC as Sole Managing Member

COMFORT SYSTEMS USA (BRISTOL), INC.

COMFORT SYSTEMS USA ENERGY SERVICES, INC.

COMFORT SYSTEMS USA G.P., INC.

COMFORT SYSTEMS USA (INDIANA), LLC, by Comfort Systems USA Strategic Accounts, LLC, as Sole Managing Member

COMFORT SYSTEMS USA (INTERMOUNTAIN), INC.

COMFORT SYSTEMS USA (KENTUCKY), INC.

COMFORT SYSTEMS USA (MIDATLANTIC), LLC, by Riddleberger Brothers, Inc., as Sole Managing Member

COMFORT SYSTEMS USA (MIDWEST), LLC, by Plant Services Incorporated, as Sole Managing Member

COMFORT SYSTEMS USA (OHIO), INC.

COMFORT SYSTEMS USA PUERTO RICO, INC.

COMFORT SYSTEMS USA (SOUTH CENTRAL), INC.

COMFORT SYSTEMS USA (SOUTHEAST), INC.

COMFORT SYSTEMS USA (SOUTHWEST), INC.

COMFORT SYSTEMS USA STRATEGIC ACCOUNTS, LLC, by Accu-Temp LP, Inc., as Managing Member

COMFORT SYSTEMS USA (SYRACUSE), INC.

COMFORT SYSTEMS USA (TEXAS), L.P., by Comfort Systems USA G.P., Inc., as general partner

COMFORT SYSTEMS USA (WESTERN MICHIGAN), INC.

CONTROL CONCEPTS, LLC, by Comfort Systems USA (Southeast), Inc., as Sole Managing Member

CONTROL CONCEPTS MECHANICAL SERVICES, LLC, by Comfort Systems USA (Southeast), Inc., as Sole Managing Member

CSUSA (10), LLC, by Comfort Systems USA, Inc., as Sole Managing Member

CS53 ACQUISITION CORP.

DELCARD ASSOCIATES, LLC, by Seasonair, Inc., as Sole Managing Member

DESIGN MECHANICAL INCORPORATED

DYNA TEN CORPORATION

DYNA TEN MAINTENANCE SERVICES, LLC

EASTERN HEATING & COOLING, INC.

EASTERN REFRIGERATION CO., INC.

 

Signature Page to Amendment No. 4

 

 

ENVIRONMENTAL AIR SYSTEMS, LLC, by CSUSA (10), LLC, as Sole Managing Member

ENVIROTROL, LLC, by Environmental Air Systems, LLC, as Sole Managing Member

GRANITE STATE HOLDINGS COMPANY, INC.

GRANITE STATE PLUMBING & HEATING, LLC, by Granite State Holdings Company, Inc., as Sole Managing Member

H & M MECHANICAL, INC.

HELM CORPORATION

HESS MECHANICAL, LLC, by Seasonair, Inc., as Sole Managing Member

HUDSON RIVER HEATING AND COOLING, INC.

H-VAC SUPPLY, L.L.C., by Comfort Systems USA Puerto Rico, Inc., as Sole Managing Member

MECHANICAL TECHNICAL SERVICES, INC.

MERIT MECHANICAL, INC.

MJ MECHANICAL SERVICES, INC.

NORTH AMERICAN MECHANICAL, INC.

PLANT SERVICES INCORPORATED

QUALITY AIR HEATING & COOLING, INC.

RIDDLEBERGER BROTHERS, INC.

S.I. GOLDMAN COMPANY, INC.

S.M. LAWRENCE COMPANY, INC.

SA ASSOCIATES, INC.

SALMON & ALDER, L.L.C., by SA Associates, Inc., as Sole Managing Member

SEASONAIR, INC.

SHOFFNER ACQUISITION CORP.

SHOFFNERKALTHOFF MECHANICAL ELECTRICAL SERVICE, INC.

SHOFFNER MECHANICAL SERVICES, INC.

SKMES, INC.

TEMP RIGHT SERVICE, INC.

 

 

	
 
    	
By:
    	
/s/ William George III
    
	
 
    	
 
    	
William George III
    
	
 
    	
 
    	
Vice President and Assistant Secretary
    

 

 

Signature Page to Amendment No. 4

 

 

	
 
    	
WELLS FARGO BANK, NATIONAL
   ASSOCIATION,
    
	
 
    	
Agent and a Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Chad D. Johnson
    
	
 
    	
 
    	
Chad D. Johnson
    
	
 
    	
 
    	
Senior Vice President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Address:
    
	
 
    	
 
    
	
 
    	
Wells Fargo Bank, National Association
    
	
 
    	
1000 Louisiana, 3rd Floor
    
	
 
    	
Houston, Texas 77002
    
	
 
    	
Attention:
    	
Chad D. Johnson
    
	
 
    	
Telephone:
    	
713-319-1332
    
	
 
    	
Fax:
    	
713-739-1086
    
				

 

Signature Page to Amendment No. 4

 

 

	
 
    	
BOKF, NA dba Bank of Texas,
    
	
 
    	
Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ H. Michael Sultanik
    
	
 
    	
Name:
    	
H. Michael Sultanik
    
	
 
    	
Title:
    	
Senior Vice President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Address:
    
	
 
    	
 
    
	
 
    	
BOKF, NA dba Bank of Texas
    
	
 
    	
5 Houston Center
    
	
 
    	
1401 McKinney, Suite 1000
    
	
 
    	
Houston, Texas 77010
    
	
 
    	
Attention:
    	
Mike Sultanik
    
	
 
    	
Telephone:
    	
713-289-5886
    
	
 
    	
Fax:
    	
713-289-5825
    
				

 

Signature Page to Amendment No. 4

 

 

	
 
    	
CAPITAL ONE, N.A.,
    
	
 
    	
Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Sallye Cielencki
    
	
 
    	
Name:
    	
Sallye Cielencki
    
	
 
    	
Title:
    	
Senior Vice President / Underwriter IV
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Address:
    
	
 
    	
 
    
	
 
    	
Capital One, N.A.
    
	
 
    	
5444 Westheimer, Suite 700
    
	
 
    	
Houston, Texas 77056
    
	
 
    	
Attention:
    	
Yasmin Huebinger
    
	
 
    	
Telephone:
    	
713-212-5285
    
	
 
    	
Fax:
    	
855-735-8388
    
				

 

Signature Page to Amendment No. 4

 

 

	
 
    	
BRANCH BANK AND TRUST COMPANY,
    
	
 
    	
Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Matt McCain
    
	
 
    	
Name:
    	
Matt McCain
    
	
 
    	
Title:
    	
Senior Vice President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Address:
    
	
 
    	
 
    
	
 
    	
Branch Bank and Trust Company
    
	
 
    	
333 Clay Street, Ste. 4495
    
	
 
    	
Houston, Texas 77002
    
	
 
    	
Attention:
    	
Matt McCain
    
	
 
    	
Telephone:
    	
713-797-2147
    
	
 
    	
Fax:
    	
713-652-0753
    
				

 

Signature Page to Amendment No. 4

 

 

	
 
    	
REGIONS BANK,
    
	
 
    	
Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Joey Powell
    
	
 
    	
Name:
    	
Joey Powell
    
	
 
    	
Title:
    	
Senior Vice President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Address:
    
	
 
    	
 
    
	
 
    	
Regions Bank
    
	
 
    	
5005 Woodway Drive, Suite 110
    
	
 
    	
Houston, Texas 77479
    
	
 
    	
Attention:
    	
Joey Powell
    
	
 
    	
Telephone:
    	
713-426-7236
    
	
 
    	
Fax:
    	
713-426-7180
    
				

 

Signature Page to Amendment No. 4

 

 

	
 
    	
U.S. BANK NATIONAL ASSOCIATION,
    
	
 
    	
Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Michael E. Temnick
    
	
 
    	
Name:
    	
Michael E. Temnick
    
	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Address:
    
	
 
    	
 
    
	
 
    	
U.S. Bank National Association
    
	
 
    	
425 Walnut St.
    
	
 
    	
CN-OH-W8
    
	
 
    	
Cincinnati, Ohio 45202
    
	
 
    	
Attention:
    	
Michael Temnick
    
	
 
    	
Telephone:
    	
513-632-4133
    
	
 
    	
Fax:
    	
513-632-4894
    
				

 

Signature Page to Amendment No. 4

 

 

	
 
    	
SUNTRUST BANK,
    
	
 
    	
Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Garrett O’Malley
    
	
 
    	
Name:
    	
Garrett O’Malley
    
	
 
    	
Title:
    	
Director
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Address:
    
	
 
    	
 
    
	
 
    	
SunTrust Robinson Humphrey
    
	
 
    	
3333 Peachtree Road NE, 6th Floor
    
	
 
    	
Atlanta, Georgia 30326
    
	
 
    	
Attention:
    	
Pete Osterland
    
	
 
    	
Telephone:
    	
404-926-5136
    
	
 
    	
Fax:
    	
404-439-7327
    
				

 

Signature Page to Amendment No. 4

 

 

	
 
    	
CADENCE BANK, N.A.,
    
	
 
    	
Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ H. Gale Smith, Jr.
    
	
 
    	
Name:
    	
H. Gale Smith, Jr.
    
	
 
    	
Title:
    	
Executive Vice President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Address:
    
	
 
    	
 
    
	
 
    	
Cadence Bank, N.A.
    
	
 
    	
2800 Post Oak Boulevard, Suite 3800
    
	
 
    	
Houston, Texas 77056
    
	
 
    	
Attention:
    	
Gale Smith
    
	
 
    	
Telephone:
    	
713-871-3941
    
	
 
    	
Fax:
    	
713-634-4963
    
				

 

Signature Page to Amendment No. 4

 

 

PRICING SCHEDULE

 

The applicable Eurodollar Margin, Base Rate Margin, Commitment Fee Rate and Letter of Credit Fee Rate shall be determined by the Agent in accordance with the following tables:

 

	
APPLICABLE
   MARGIN FOR
   REVOLVING
   LOAN
   ADVANCES
    	
 
    	
LEVEL I
   STATUS
    	
 
    	
LEVEL II
   STATUS
    	
 
    	
LEVEL III
   STATUS
    	
 
    	
LEVEL IV
   STATUS
    	
 
    
	
Eurodollar Rate Margin
    	
 
    	
1.25
    	
%
    	
1.50
    	
%
    	
1.75
    	
%
    	
2.00
    	
%
    
	
Base Rate Margin
    	
 
    	
0.25
    	
%
    	
0.50
    	
%
    	
0.75
    	
%
    	
1.00
    	
%
    

 

	
APPLICABLE
   COMMITMENT
   FEE
   RATE
    	
 
    	
LEVEL I
   STATUS
    	
 
    	
LEVEL II
   STATUS
    	
 
    	
LEVEL III
   STATUS
    	
 
    	
LEVEL IV
   STATUS
    	
 
    
	
Commitment Fee Rate
    	
 
    	
0.20
    	
%
    	
0.25
    	
%
    	
0.30
    	
%
    	
0.35
    	
%
    

 

	
LETTER OF
   CREDIT
   FEE RATE
    	
 
    	
LEVEL I
   STATUS
    	
 
    	
LEVEL II
   STATUS
    	
 
    	
LEVEL III
   STATUS
    	
 
    	
LEVEL IV
   STATUS
    	
 
    
	
LC Fee Rate
    	
 
    	
1.25
    	
%
    	
1.50
    	
%
    	
1.75
    	
%
    	
2.00
    	
%
    

 

For the period beginning on the Amendment No. 4 Effective Date and continuing to the date on which the financial statements and certificates are first delivered by the Borrower thereafter pursuant to Section 6.2(a) and Section 6.2(b), as applicable, Level I Status shall apply.  Notwithstanding the foregoing if the Borrower has failed to deliver the financial statements and certificates required by Section 6.2(a) and Section 6.2(b) then Level IV Status will be deemed to exist after two Business Days’ notice from the Agent to the Borrower.

 

For the purposes of this Pricing Schedule, the following terms have the following meanings, subject to the final paragraph of this Pricing Schedule:

 

“Level I Status” exists for any day that the Total Leverage Ratio is less than 0.75 to 1.00.

 

“Level II Status” exists for any day that the Total Leverage Ratio is greater than or equal to 0.75 to 1.00 but is less than 1.50 to 1.00.

 

1

 

“Level III Status” exists for any day that the Total Leverage Ratio is greater than or equal to 1.50 to 1.00 but is less than 2.25 to 1.00.

 

“Level IV Status” exists for any day that the Total Leverage Ratio is greater than or equal to 2.25 to 1.00.

 

“Status” means either Level I Status, Level II Status, Level III Status or Level IV Status.

 

In the event that any financial statement delivered pursuant to this Agreement is shown to be inaccurate (regardless of whether this Agreement or the Commitments are in effect when such inaccuracy is discovered), and such inaccuracy, if corrected, would have led to the application of a higher Eurodollar Rate Margin or Base Rate Margin, as applicable, for any period (an “Applicable Period”) than the Eurodollar Rate Margin or Base Rate Margin, as applicable, applied for such Applicable Period, and only in such case, then the Borrower shall immediately (i) deliver to the Agent a corrected financial statement for such Applicable Period, (ii) determine the Eurodollar Rate Margin or Base Rate Margin, as applicable, for such Applicable Period based upon the corrected financial statement, and (iii) immediately pay to the Agent the accrued additional interest owing as a result of such increased Eurodollar Rate Margin or Base Rate Margin, as applicable for such Applicable Period, which payment shall be promptly applied by the Agent in accordance with the terms of this Agreement.  This provision is in addition to rights of the Agent and Lenders with respect to Sections 2.5, 2.11, 6.10 and 8.1 and other of their respective rights under this Agreement.

 

2

 

EXHIBIT 6.2(b)

 

CERTIFICATE ACCOMPANYING FINANCIAL STATEMENTS

 

Reference is made to that certain Second Amended and Restated Credit Agreement dated as of July 16, 2010 (as from time to time amended, the “Agreement”), by and among Comfort Systems USA, Inc. (“Borrower”), Wells Fargo Bank, National Association, as Agent, and certain financial institutions party thereto (“Lenders”), which Agreement is in full force and effect on the date hereof.  Terms which are defined in the Agreement are used herein with the meanings given them in the Agreement.

 

This Certificate is furnished pursuant to Section 6.2(b) of the Agreement.  Together herewith Borrower is furnishing to Agent and each Lender the [audited/unaudited] financial statements of Borrower (the “Financial Statements”) as at              (the “Reporting Date”).  Borrower hereby represents, warrants, and acknowledges to Agent and each Lender that:

 

(a)           the officer of Borrower signing this instrument is the duly elected, qualified and acting              of Borrower and as such is Borrower’s chief financial officer;

 

(b)           the Financial Statements are fair and complete in all material respects and fairly present the Consolidated financial position of Borrower for the periods covered thereby (subject to normal year-end adjustments);

 

(c)           attached hereto is a schedule of calculations showing Borrower’s compliance as of the Reporting Date with the requirements of Section 7.11 of the Agreement *[and Borrower’s non-compliance as of such date with the requirements of Section              of the Agreement];

 

(d)           on the Reporting Date Borrower was, and on the date hereof Borrower is, in full compliance with the disclosure requirements of Section 6.2 of the Agreement, and no Default otherwise existed on the Reporting Date or otherwise exists on the date of this instrument *[except for Default(s) under Section(s)              of the Agreement, which *[is/are] more fully described on a schedule attached hereto];

 

(e)           attached hereto is a schedule showing Borrower’s compliance as of the Reporting Date with the negative covenants set forth in Sections 7.1 through 7.10 and Section 7.12 of the Agreement *[and Borrower’s non-compliance as of such date with the requirements of Section             of the Agreement].

 

The officer of Borrower signing this instrument hereby certifies that he has reviewed the Loan Documents and the Financial Statements and has otherwise undertaken such inquiry as is in his opinion necessary to enable him to express an informed opinion with respect to the above.

 

1

 

IN WITNESS WHEREOF, this instrument is executed as of             , 20  .

 

	
 
    	
Comfort   Systems USA, Inc.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    

 

2

 

SCHEDULE 3.1

 

LENDERS SCHEDULE

 

	
Domestic Lending Office
    	
 
    	
Eurodollar
   Lending Office
    	
 
    	
Percentage
   Share
    	
 
    	
Revolving Loan
   Commitment
    	
 
    
	
Wells Fargo Bank, N.A.
   1000 Louisiana, 3rd Floor 
   Houston, TX 77002 
   Telephone: (713) 319-1332 
   Fax: (713) 739-1086
    	
 
    	
Same
    	
 
    	
23.076923077
    	
%
    	
$
    	
75,000,000.00
    	
 
    
	
BOKF, NA dba Bank of Texas
   5 Houston Center
   1401 McKinney, Suite 1650 
   Houston, Texas 77010 
   Telephone: (713) 289-5855 
   Fax: (713) 289-5825
    	
 
    	
Same
    	
 
    	
13.846153846
    	
%
    	
$
    	
45,000,000.00
    	
 
    
	
Capital One, N.A.
   5444 Westheimer, Suite 700 
   Houston, Texas 77056 
   Telephone: (713) 212-5285 
   Fax: (855) 735-8388
    	
 
    	
Same
    	
 
    	
13.846153846
    	
%
    	
$
    	
45,000,000.00
    	
 
    
	
Branch Bank and Trust Company 
   200 W. 2nd St., 16th Floor 
   Winston-Salem, North Carolina 27101 
   Telephone: (336) 733-2741
   Fax: (336) 733-2740
    	
 
    	
Same
    	
 
    	
13.846153846
    	
%
    	
$
    	
45,000,000.00
    	
 
    
	
Regions Bank
   5005 Woodway
   Houston, Texas 77056
   Telephone: (713) 426-7157 
   Fax: (713) 426-7180
    	
 
    	
Same
    	
 
    	
10.769230769
    	
%
    	
$
    	
35,000,000.00
    	
 
    
	
U.S. Bank National Association
   425 Walnut St. CN-OH-W8
   Cincinnati, Ohio 45202
   Telephone: (513) 632-4133 
   Fax: (513) 632-4894
    	
 
    	
Same
    	
 
    	
10.769230769
    	
%
    	
$
    	
35,000,000.00
    	
 
    
	
SunTrust Bank
   303 Peachtree Street NE
   Atlanta, Georgia 30308
   Telephone: (404) 588-7711
   Fax: (404) 4397327
    	
 
    	
Same
    	
 
    	
7.692307692
    	
%
    	
$
    	
25,000,000.00
    	
 
    
	
Cadence Bank, N.A.
   3500 Colonnade Pkwy., Suite 600
   Birmingham, AL 35243 
   Telephone: (205) 488-3367 
   Fax: (205) 488-3320
    	
 
    	
Same
    	
 
    	
6.153846154
    	
%
    	
$
    	
20,000,000.00
    	
 
    

 

1

 

SECTION 5.13 to SCHEDULE 5

 

NAMES AND PLACES OF BUSINESS

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    	
 
    
	
ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    	
 
    
	
Comfort Systems USA, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
ACI Mechanical, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
2182 231st Lane Ames, Iowa 50014
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
212 Industrial Park Road Story City, Iowa 50248
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
ARC Comfort Systems USA, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Accu-Temp GP, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Accu-Temp LP, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Acorn Industrial, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
7311 ACC Boulevard, Raleigh, North Carolina 27617
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Air Systems Engineering, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
3602 South Pine Street, Tacoma, Washington 98409
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
AirTemp, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
20 Thomas Drive Westbook, Maine 04092
    	
 
    	
11 Wallace Avenue, South Portland, Maine 04106
    	
 
    	
 
    	
 
    
	
Atlas-Accurate Holdings, L.L.C.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Atlas Comfort Systems USA, L.L.C.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
Atlas Comfort Systems USA
    	
 
    

 

1

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    	
 
    
	
ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    	
 
    
	
Batchelor’s Mechanical Contractors, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
BCM Controls Corporation
    	
 
    	
Principal Place of Business
    	
 
    	
30 Commerce Way, Woburn, Massachusetts 01801
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
California Comfort Systems USA, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
7740 Kenamar Court, San Diego, California 92121
    	
 
    	
 
    	
 
    	
TCP Company
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
4189 Santa Ana Avenue, Suite D Ontario, California   91761
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
3612 Madison Avenue, Suite 32 North Highlands,   California 95660
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
981 Bing Street San Carlos, California 94070
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
ColonialWebb Contractors Company
    	
 
    	
Principal Place of Business
    	
 
    	
2820 Ackley Avenue, Richmond, Virginia 23228
    	
 
    	
 
    	
 
    	
Comfort Systems USA (Carolinas)
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
1600 Crossbeam Drive, Charlotte, North Carolina   28217
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
1 Marcus Drive, Greenville, South Carolina 29615
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
811 Pleasant Valley Road, Harrisonburg, Virginia   22801
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
8509 Phoenix Drive, Manassas, Virginia 20110
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
740C Bluecrab Road, Newport News, Virginia 23606
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
3719 E. Virginia Beach Blvd., Norfolk, Virginia   23502
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
1977 Snow Pointe Lane Bldg 7B Charlottesville,   Virginia 22902
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

2

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    	
 
    
	
ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
8851 B. Park Central Drive Richmond, Virginia 23227
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA (Arkansas), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
4806 Rixey Road, North Little Rock, Arkansas 72117
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
116 Commercial Drive, Lowell, Arkansas 72745
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
3900 Terra Glen Lane North Little Rock, Arkansas   72117
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA (Baltimore), LLC
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400 Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA (Bristol), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
294 Blevins Blvd., Bristol, Virginia 24203-0757
    	
 
    	
 
    	
 
    	
Comfort Systems USA New River (Bristol)
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
6450 Merriman Road, Suite E Roanoke, Virginia   24018
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
90 Old Shoals Road, Suite 108 Arden, North   Carolina 28704
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA (Carolinas), LLC
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400 Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA Energy Services, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
7 Waterside Crossing, Windsor, Connecticut 06095
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
One Financial Centre Bldg. 650 S. Shackleford Road,   #224, Little Rock, Arkansas 72211
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA G.P., Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA (Indiana), LLC
    	
 
    	
Principal Place of Business
    	
 
    	
2655 Fortune Circle West, Suites E &   F, Indianapolis, Indiana 46241
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

3

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    	
 
    
	
ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    	
 
    
	
Comfort Systems USA (Intermountain), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
2035 S. Milestone Drive, Salt Lake City, Utah 84104
    	
 
    	
 
    	
 
    	
Contract Services Martin Heating & Cooling
    	
 
    
	
Comfort Systems USA (Kentucky), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
3405 Robards Court, Louisville, Kentucky 40218
    	
 
    	
 
    	
 
    	
MELCO
    	
 
    
	
Comfort Systems USA (MidAtlantic), LLC
    	
 
    	
Principal Place of Business
    	
 
    	
1057 Bill Tuck Highway, So Boston, Virginia 24592
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA (Midwest), LLC
    	
 
    	
Principal Place of Business
    	
 
    	
2181 231st Lane, Suite 1 Ames, Iowa 50014
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA (Ohio), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
7401 First Place, Oakwood Village, Ohio 44146
    	
 
    	
 
    	
 
    	
Innovative Energy Solutions, LLC
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
3080 South Tech Blvd, Miamisburg, Ohio 45342
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
690 Lakeview Plaza Blvd., Suites D-F, Worthington,   Oh 43085
    	
 
    	
690 A Lakeview Plaza Blvd., Worthington, Oh 43085
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
3680 Symmes Road Hamilton, Ohio 45015
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA (Pasadena), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA Puerto Rico, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
P.O. Box 4956 Ste 1134, Caguas, Puerto Rico   00726-4956

 

Road #1, KM 27.5; Int. Sector El Barranco; B. Rio Canas;   Caguas, Puerto Rico 00725
    	
 
    	
 
    	
 
    

 

4

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    	
 
    
	
ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    	
 
    
	
Comfort Systems USA (South Central), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
9745 Bent Oak Drive, Houston, Texas 77040
    	
 
    	
 
    	
 
    	
Atlas Comfort Systems USA
    	
 
    
	
Comfort Systems USA (Southeast), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
435 Corday Street, Pensacola, Florida 32503
    	
 
    	
 
    	
 
    	
Batchelor’s Mechanical Contractors 

 

Control Concepts, Inc.
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
250 Commercial Drive, Thomasville, Georgia 31757
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
13040 W. US Hwy 84, Newton, Alabama 36352
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
3835 Gordon John Drive, Mobile, Alabama 36693
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
4518 Val North Drive, Valdosta, Georgia 31602
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
1965 Vaughn Road, Suite B Kennesaw, Georgia   30144
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
8633 Elm Fair Blvd, Tampa, Florida 33610
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
7826 McElvey Road, Panama City Beach, Florida 32408
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
6074 Business Park Drive, Suite G, Columbus,   Georgia 31909
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
309 James E. Williams Dr., #1, Byron, Georgia 31008
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
5616 Joe Elliot Way Pensacola, Florida 32503
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
464 Moore Circle Tallahassee, Florida 32304
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
507 CDP Industrial Blvd. No. 10 Grovetown,   Georgia 30813
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

5

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    	
 
    
	
ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
2305 Rowland Ave Savannah, Georgia 31404
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA (Southwest), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
6875 W. Galveston, Chandler, Arizona 85226
    	
 
    	
 
    	
 
    	
Tri-City Mechanical, Inc. 

 

Air Management Services, Inc. 

 

Commercial Mechanical Service, Inc.
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
3325 Ali Baba Lane, Suite 613, Las Vegas,   Nevada 89118
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
1830 W. Copper St., Tucson, Arizona 85745
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
4516 Anaheim NE Albuquerque, New Mexico 85226
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA Strategic Accounts, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
2655 Fortune Circle West, Suites E &   F, Indianapolis, Indiana 46241
    	
 
    	
 
    	
 
    	
Comfort Systems USA National Accounts, LLC
    	
 
    
	
Comfort Systems USA (Syracuse), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
6500 New Venture Gear Drive, East Syracuse, New York   13057
    	
 
    	
 
    	
 
    	
Armani Plumbing & Mechanical 

 

ABJ Fire Protection Company 

 

Woodcock & Armani 

 

Billone Mechanical Contractors
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
3543 Winton Place, Suite 6 Rochester, New York   14623
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Comfort Systems USA (Texas), L.P.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

6

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    	
 
    
	
ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    	
 
    
	
Comfort Systems USA (Western   Michigan), Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Control Concepts, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
3550 North Parkway, Suite 100 Cumming, Georgia   30040
    	
 
    	
 
    	
 
    	
Control Concepts, Inc.
    	
 
    
	
Control Concepts Mechanical Services, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
3550 North Parkway, Suite 100 Cumming, Georgia   30040
    	
 
    	
 
    	
 
    	
Control Concepts Mechanical Services, Inc.
    	
 
    
	
CS53 Acquisition Corp.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
CSUSA (10), LLC
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Delcard Associates, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Design Mechanical Incorporated
    	
 
    	
Principal Place of Business
    	
 
    	
168 CTC Blvd. Suite D, Louisville, Colorado   80027
    	
 
    	
 
    	
 
    	
Rocky Mountain Mechanical Systems, Inc.

 

Breckenridge Mechanical, Inc.
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
0068 Continental Court Spaces B-7 and B-8   Breckenridge, Colorado 80424
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
951 Vallejo Street Denver, Colorado 80204
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Dyna Ten Corporation
    	
 
    	
Principal Place of Business
    	
 
    	
4375 Diplomacy Road, Fort Worth, Texas 76155
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
3935 Tarrant Main Street Fort Worth, Texas 76040
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Dyna Ten Maintenance Services, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
4375 Diplomacy Road, Fort Worth, Texas 76155
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

7

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    	
 
    
	
ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    	
 
    
	
Eastern Heating & Cooling, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
880 Broadway, Albany, New York 12207-1316
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Eastern Refrigeration Co., Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
880 Broadway, Albany, New York 12207-1316
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Environmental Air Systems, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
521 Banner Avenue Greensboro, North Carolina 27401
    	
 
    	
 
    	
 
    	
EAS Holdings, LLC
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
531 Banner Avenue Greensboro, North Carolina 27401
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
8307 Triad Drive Greensboro, North Carolina 27409
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
623 McWay Drive West High Point, North Carolina   27409
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
3501 Jamac Road High Point, North Carolina 27260
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
525-B Uwharrie Court Raleigh, North Carolina
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Envirotrol, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
114 Landmark Drive Greensboro, North Carolina 27409
    	
 
    	
 
    	
 
    	
Envirotrol Holdings, LLC
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
7148 Cross County Road North Charleston, South   Carolina 29418
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

8

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    
	
 ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    
	
Granite State Holdings Company, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    
	
Granite State Plumbing & Heating LLC
    	
 
    	
Principal Place of Business
    	
 
    	
10 N. Riverdale Road, Weare, New Hampshire 03281
    	
 
    	
 
    	
 
    	
Delta Mechanical
    
	
H & M Mechanical, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
3100 Richard Arrington Jr. Blvd. North
   Birmingham, Alabama 35203
    	
 
    	
 
    	
 
    	
The Capital Refrigeration Company
   MidSouth Controls LLC
    
   Huntsville Refrigeration Service
    
	
 
    	
 
    	
Satellite
    	
 
    	
619 E. Jefferson Street
   Montgomery, Alabama 36104
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
480 North Dean Road, Unit G-3
   Auburn, Alabama 36830
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
Southblunt Parkway
   Trafford, Alabama
    	
 
    	
 
    	
 
    	
 
    
	
Helm Corporation
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    
	
Hess Mechanical, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
9600 Fallard Court, Upper Marlboro, Maryland   20772-6703
    	
 
    	
 
    	
 
    	
Hess Mechanical Corporation
    
	
Hudson River Heating and Cooling, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    
	
H-VAC Supply, L.L.C.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
P.O. Box 4956, Suite 1134, Caguas, Puerto   Rico 00726-4956
    	
 
    	
 
    
	
Mechanical Technical Services, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
1720 Royston Lane, Round Rock, Texas 78664
    	
 
    	
 
    	
 
    	
MTECH
    

 

9

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    
	
 ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    
	
Merit Mechanical, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
9630 153rd Ave NE, Redmond, Washington 98052
    	
 
    	
 
    	
 
    	
 
    
	
MJ Mechanical Services, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
2040 Military Road, Tonawanda, New York 14150
    	
 
    	
300 Fire Tower Drive, Tonawanda, New York 14150
    	
 
    	
JM State Refrigeration
   Vastola Heating & Air Conditioning
    
	
 
    	
 
    	
Satellite
    	
 
    	
188 Creekside Drive
   Amherst, NY 14228
    	
 
    	
 
    	
 
    	
 
    
	
North American Mechanical, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
4401 State Road 19
   Windsor, Wisconsin 53598
    	
 
    	
6135 North American Lane, De Forest, Wisconsin 53532
    	
 
    	
Masterson Plumbing
    
	
 
    	
 
    	
Satellite
    	
 
    	
2600 W. College Avenue, Ste 4, Appleton, Wisconsin   54914
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
2524A Alpine Road
   Eau Claire, Wisconsin 54703
    	
 
    	
 
    	
 
    	
 
    
	
Plant Services Incorporated
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    
	
Quality Air Heating and Cooling, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
3395 Kraft Avenue, SE, Grand Rapids, Michigan 49512
    	
 
    	
 
    	
 
    	
Control Logic
    
	
 
    	
 
    	
Satellite
    	
 
    	
2306 Winters Drive, Portage, Michigan 49002
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
2501 Coolidge Road, Suite 501
   East Lansing, Michigan 49002
    	
 
    	
 
    	
 
    	
 
    
	
Riddleberger Brothers, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
6127 S. Valley Pike, Mount Crawford, Virginia 22841
    	
 
    	
 
    	
 
    	
 
    
	
S.I. Goldman Company, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
799 Bennett Drive, Longwood, Florida 32750
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
320 Melody Lane, Casselberry, Florida 32707
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
4111 NW 6th Street, Suite A
   Gainesville, Florida 32609
    	
 
    	
 
    	
 
    	
 
    

 

10

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    
	
 ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    
	
S.M. Lawrence Company, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
2311, 2312, 2319 Kline Avenue
   Nashville, Tennessee 37211
    	
 
    	
 
    	
 
    	
Comfort Systems USA (Tennessee), Inc.
   Dillingham & Smith Mechanical and Sheet Metal Contractors, Inc.
    
	
 
    	
 
    	
Satellite
    	
 
    	
156 Main St., Collierville, Tennessee 38017
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
245, 257, 251 Preston Street, Jackson, Tennessee   38301
    	
 
    	
 
    	
 
    	
 
    
	
SA Associates, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
Salmon & Alder Associates
    
	
Salmon & Alder, LLC
    	
 
    	
Principal Place of Business
    	
 
    	
675 Bering Drive, Suite 400, Houston, Texas   77057
    	
 
    	
 
    	
 
    	
 
    
	
Seasonair, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
16001-A Industrial Drive, Gaithersburg, Maryland   20877
    	
 
    	
 
    	
 
    	
 
    
	
Shoffner Acquisition Corp.
    	
 
    	
Principal Place of Business
    	
 
    	
3538, 3600 and 3626 Papermill Drive, Knoxville,   Tennessee 37909
    	
 
    	
 
    	
 
    	
 
    
	
ShoffnerKalthoff Mechanical Electrical   Service, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
3538, 3600 and 3626 Papermill Drive, Knoxville,   Tennessee 37909
    	
 
    	
 
    	
 
    	
Shoffner Mechanical, Industrial &   Service Company, Inc.
    
	
 
    	
 
    	
Satellite
    	
 
    	
158 Lynn Road, Johnson City, Tennessee 37604
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
1010 Wilder Place, Knoxville Tennessee 37915
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Satellite
    	
 
    	
150 Glenn Bridge Road, Arden, North Carolina 28704
    	
 
    	
 
    	
 
    	
 
    
	
Shoffner Mechanical Services, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
1010 Wilder Place
   Knoxville, Tennessee 37915
    	
 
    	
 
    	
 
    	
Mechanical Services of Knoxville, Inc.
    

 

11

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
PRIOR
    	
 
    	
PRIOR NAMES
    
	
 ENTITY NAME
    	
 
    	
ADDRESS TYPE
    	
 
    	
ADDRESS
    	
 
    	
ADDRESSES 
    	
 
    	
& TRADE NAMES 
    
	
SKMES, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
3538, 3600 and 3626 Papermill Drive, Knoxville,   Tennessee 37909
    	
 
    	
 
    	
 
    	
Kalthoff Fabricators, Inc.; Kalhoff, Inc.
    
	
Temp Right Service, Inc.
    	
 
    	
Principal Place of Business
    	
 
    	
101 North Catlin, Missoula, Montana 59801
    	
 
    	
 
    	
 
    	
Carson Brothers
    
	
 
    	
 
    	
Satellite
    	
 
    	
1639 MT Highway 35, Kalispell, Montana 59901
    	
 
    	
 
    	
 
    	
 
    

 

12

 

SECTION 5.14 to SCHEDULE 5

 

SUBSIDIARIES

 

	
ENTITY NAME
    	
 
    	
JURISDICTION OF
   ORGANIZATION
    	
 
    	
FORMATION
   DATE
    
	
ACI Mechanical, Inc. 
    	
 
    	
Delaware
    	
 
    	
06/26/1998
    
	
ARC Comfort Systems USA, Inc. 
    	
 
    	
Delaware
    	
 
    	
03/17/1998
    
	
Accu-Temp GP, Inc. 
    	
 
    	
Delaware
    	
 
    	
05/21/1998
    
	
Accu-Temp LP, Inc. 
    	
 
    	
Delaware
    	
 
    	
05/20/1998
    
	
Acorn Industrial, LLC 
    	
 
    	
North Carolina
    	
 
    	
01/03/1997
    
	
Air Systems Engineering, Inc. 
    	
 
    	
Washington
    	
 
    	
05/18/1973
    
	
AirTemp, Inc. 
    	
 
    	
Maine
    	
 
    	
10/15/1998
    
	
Atlas-Accurate Holdings, L.L.C. 
    	
 
    	
Delaware
    	
 
    	
12/28/1998
    
	
Atlas Comfort Systems USA, L.L.C. 
    	
 
    	
Delaware
    	
 
    	
06/08/2007
    
	
Batchelor’s Mechanical Contractors, LLC
    	
 
    	
Alabama
    	
 
    	
03/16/1981
    
	
BCM Controls Corporation
    	
 
    	
Massachusetts
    	
 
    	
10/03/1984
    
	
California Comfort Systems USA, Inc. 
    	
 
    	
California
    	
 
    	
05/18/1983
    
	
ColonialWebb Contractors Company
    	
 
    	
Virginia
    	
 
    	
2/18/1977
    
	
Comfort Systems USA (Arkansas), Inc. 
    	
 
    	
Delaware
    	
 
    	
03/17/1998
    
	
Comfort Systems USA (Baltimore), LLC
    	
 
    	
Delaware
    	
 
    	
10/15/1998
    
	
Comfort Systems USA (Bristol), Inc. 
    	
 
    	
Delaware
    	
 
    	
08/25/1997
    
	
Comfort Systems USA Energy Services, Inc. 
    	
 
    	
Delaware
    	
 
    	
08/25/1997
    
	
Comfort Systems USA G.P., Inc. 
    	
 
    	
Delaware
    	
 
    	
08/12/1998
    
	
Comfort Systems USA (Indiana), LLC
    	
 
    	
Indiana
    	
 
    	
06/08/2015
    
	
Comfort Systems USA (Intermountain), Inc. 
    	
 
    	
Utah
    	
 
    	
05/06/1969
    
	
Comfort Systems USA (Kentucky), Inc. 
    	
 
    	
Kentucky
    	
 
    	
02/10/1981
    
	
Comfort Systems USA (MidAtlantic), LLC
    	
 
    	
Virginia
    	
 
    	
01/01/2010
    
	
Comfort Systems USA (Midwest), LLC
    	
 
    	
Iowa
    	
 
    	
10/13/2009
    
	
Comfort Systems USA (Ohio), Inc. 
    	
 
    	
Ohio
    	
 
    	
10/10/1979
    
	
Comfort Systems USA Puerto Rico, Inc. 
    	
 
    	
Puerto Rico
    	
 
    	
08/09/1991
    
	
Comfort Systems USA (South Central), Inc.
    	
 
    	
Texas
    	
 
    	
5/24/2007
    
	
Comfort Systems USA (Southeast), Inc. 
    	
 
    	
Delaware
    	
 
    	
03/24/1998
    
	
Comfort Systems USA (Southwest), Inc.
    	
 
    	
Arizona
    	
 
    	
12/23/1997
    
	
Comfort Systems USA Strategic Accounts, LLC
    	
 
    	
Indiana
    	
 
    	
07/28/1998
    
	
Comfort Systems USA (Syracuse), Inc. 
    	
 
    	
New York
    	
 
    	
03/08/1965
    

 

1

 

	
ENTITY NAME
    	
 
    	
JURISDICTION OF
   ORGANIZATION
    	
 
    	
FORMATION
   DATE
    
	
Comfort Systems USA (Texas), L.P. 
    	
 
    	
Texas
    	
 
    	
08/14/1998
    
	
Comfort Systems USA (Western   Michigan), Inc. 
    	
 
    	
Michigan
    	
 
    	
07/21/1989
    
	
Control Concepts, LLC
    	
 
    	
Georgia
    	
 
    	
12/16/1996
    
	
Control Concepts Mechanical Services, LLC
    	
 
    	
Georgia
    	
 
    	
01/17/2008
    
	
CS53 Acquisition Corp. 
    	
 
    	
Delaware
    	
 
    	
01/26/1999
    
	
CSUSA (10), LLC
    	
 
    	
North Carolina
    	
 
    	
10/21/2011
    
	
Delcard Associates, LLC 
    	
 
    	
Delaware
    	
 
    	
06/23/2000
    
	
Design Mechanical Incorporated
    	
 
    	
Delaware
    	
 
    	
10/30/1997
    
	
Dyna Ten Corporation
    	
 
    	
Texas
    	
 
    	
06/26/1980
    
	
Dyna Ten Maintenance Services, LLC
    	
 
    	
Texas
    	
 
    	
08/07/2006
    
	
Eastern Heating & Cooling, Inc. 
    	
 
    	
New York
    	
 
    	
12/19/1988
    
	
Eastern Refrigeration Co., Inc. 
    	
 
    	
New York
    	
 
    	
01/30/1990
    
	
Environmental Air Systems, LLC
    	
 
    	
North Carolina
    	
 
    	
10/07/2011
    
	
Envirotrol, LLC
    	
 
    	
North Carolina
    	
 
    	
10/07/2011
    
	
Granite State Holdings Company, Inc. 
    	
 
    	
Delaware
    	
 
    	
11/02/2005
    
	
Granite State Plumbing & Heating, LLC
    	
 
    	
Delaware
    	
 
    	
07/31/2001
    
	
H & M Mechanical, Inc. 
    	
 
    	
Alabama
    	
 
    	
08/06/1998
    
	
Helm Corporation
    	
 
    	
Colorado
    	
 
    	
10/26/1972
    
	
Hess Mechanical, LLC
    	
 
    	
Maryland
    	
 
    	
01/07/2016
    
	
Hudson River Heating and Cooling, Inc. 
    	
 
    	
Delaware
    	
 
    	
08/19/2005
    
	
H-VAC Supply, L.L.C. 
    	
 
    	
Puerto Rico
    	
 
    	
10/18/2006
    
	
Mechanical Technical Services, Inc. 
    	
 
    	
Texas
    	
 
    	
05/24/2007
    
	
Merit Mechanical, Inc. 
    	
 
    	
Washington
    	
 
    	
02/14/1984
    
	
MJ Mechanical Services, Inc. 
    	
 
    	
Delaware
    	
 
    	
12/12/1997
    
	
North American Mechanical, Inc. 
    	
 
    	
Delaware
    	
 
    	
03/17/1998
    
	
Plant Services Incorporated
    	
 
    	
Iowa
    	
 
    	
07/02/1986
    
	
Quality Air Heating and Cooling, Inc. 
    	
 
    	
Michigan
    	
 
    	
09/10/1980
    
	
Riddleberger Brothers, Inc. 
    	
 
    	
Virginia
    	
 
    	
12/22/1958
    
	
S.I. Goldman Company, Inc. 
    	
 
    	
Florida
    	
 
    	
10/04/1976
    
	
S.M. Lawrence Company, Inc. 
    	
 
    	
Tennessee
    	
 
    	
03/08/1973
    
	
SA Associates, Inc. 
    	
 
    	
Utah
    	
 
    	
03/27/1984
    
	
Salmon & Alder, LLC
    	
 
    	
Utah
    	
 
    	
07/08/1996
    
	
Seasonair, Inc. 
    	
 
    	
Maryland
    	
 
    	
10/28/1966
    
	
Shoffner Acquisition Corp.
    	
 
    	
Tennessee
    	
 
    	
08/15/2005
    
	
ShoffnerKalthoff Mechanical Electrical   Service, Inc.
    	
 
    	
Tennessee
    	
 
    	
11/14/2001
    
	
Shoffner Mechanical Services, Inc.
    	
 
    	
Tennessee
    	
 
    	
07/15/1974
    
	
SKMES, Inc.
    	
 
    	
Tennessee
    	
 
    	
10/24/1978
    
	
Temp Right Service, Inc. 
    	
 
    	
Delaware
    	
 
    	
09/25/1997
    

 

2

 

SCHEDULE I

to

SECOND AMENDED AND RESTATED SECURITY AGREEMENT

 

Filing Jurisdictions

 

COMFORT SYSTEMS USA, INC. — SUBSIDIARIES

 

	
ENTITY NAME
    	
 
    	
DOMESTIC
   JURISDICTION
    	
 
    	
FORMATION DATE
    
	
Accu-Temp GP, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
05/21/1998
    
	
Accu-Temp LP, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
05/20/1998
    
	
ACI Mechanical, Inc.
   2182 231st Lane
   Ames, IA 50014
    	
 
    	
Delaware
    	
 
    	
06/26/1998
    
	
Acorn Industrial, LLC
   7311 ACC Boulevard
   Raleigh, NC 27617
    	
 
    	
North Carolina
    	
 
    	
01/03/1997
    
	
Air Systems Engineering, Inc.
   3602 South Pine Street
   Tacoma, WA 98409
    	
 
    	
Washington
    	
 
    	
05/18/1973
    
	
AIRTEMP, INC.
   20 Thomas Drive
   Westbook, Maine 04092
    	
 
    	
Maine
    	
 
    	
10/15/1998
    
	
ARC Comfort Systems USA, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
03/17/1998
    
	
Atlas-Accurate Holdings, L.L.C.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
12/28/1998
    
	
Atlas Comfort Systems USA, L.L.C.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
06/08/2007
    
	
Batchelor’s Mechanical Contractors, LLC
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Alabama
    	
 
    	
03/16/1981
    
	
BCM Controls Corporation
   30 Commerce Way
   Woburn, MA 01801
    	
 
    	
Massachusetts
    	
 
    	
10/03/1984
    
	
California Comfort Systems USA, Inc.
   7740 Kenamar Court
   San Diego, CA 92121
    	
 
    	
California
    	
 
    	
05/18/1983
    
	
ColonialWebb Contractors Company
   2820 Ackley Avenue
   Richmond, VA 23228
    	
 
    	
Virginia
    	
 
    	
02/18/1977
    

 

1

 

	
ENTITY NAME
    	
 
    	
DOMESTIC
   JURISDICTION
    	
 
    	
FORMATION DATE
    
	
Comfort Systems USA (Arkansas), Inc.
   4806 Rixey Road
   North Little Rock, AR 72117
    	
 
    	
Delaware
    	
 
    	
03/17/1998
    
	
Comfort Systems USA (Baltimore), LLC
   675 Bering Drive, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
10/15/1998
    
	
Comfort Systems USA (Bristol), Inc.
   294 Blevins Blvd.
   Bristol, VA 24202
    	
 
    	
Delaware
    	
 
    	
08/25/1997
    
	
Comfort Systems USA Energy Services, Inc.
   7 Waterside Crossing
   Windsor, CT 06095
    	
 
    	
Delaware
    	
 
    	
08/25/1997
    
	
Comfort Systems USA G.P., Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
08/12/1998
    
	
Comfort Systems USA (Indiana), LLC
   2655 Fortune Circle West, Suites E & F
   Indianapolis, Indiana 46241
    	
 
    	
Indiana
    	
 
    	
06/08/2015
    
	
Comfort Systems USA (Intermountain), Inc.
   2035 S. Milestone Drive
   Salt Lake City, UT 84104
    	
 
    	
Utah
    	
 
    	
05/06/1969
    
	
Comfort Systems USA (Kentucky), Inc.
   3405 Robards Court
   Louisville, KY 40218
    	
 
    	
Kentucky
    	
 
    	
02/10/1981
    
	
Comfort Systems USA (MidAtlantic), LLC
   1057 Bill Tuck Highway
   South Boston, VA 24592
    	
 
    	
Virginia
    	
 
    	
01/01/2010
    
	
Comfort Systems USA (Midwest), LLC
   2182 231st Lane
   Ames, IA 50014
    	
 
    	
Iowa
    	
 
    	
10/13/2009
    
	
Comfort Systems USA (Ohio), Inc.
   7401 First Place
   Oakwood Village, OH 44146
    	
 
    	
Ohio
    	
 
    	
10/10/1979
    
	
Comfort Systems USA Puerto Rico, Inc.
   675 Bering Drive, Suite 400
   Houston, Texas 77057
    	
 
    	
Puerto Rico
    	
 
    	
07/02/1991
    
	
Comfort Systems USA (South Central), Inc.
   9745 Bent Oak Drive
   Houston, TX 77040
    	
 
    	
Texas
    	
 
    	
05/24/2007
    
	
Comfort Systems USA (Southeast), Inc.
   435 Corday Street
   Pensacola, FL 32503
    	
 
    	
Delaware
    	
 
    	
03/24/1998
    
	
Comfort Systems USA (Southwest), Inc.
   6875 W. Galveston
   Chandler, AZ 85226
    	
 
    	
Arizona
    	
 
    	
12/23/1977
    
	
Comfort Systems USA Strategic Accounts, LLC
   2655 Fortune Circle West, Suite E & F
   Indianapolis, IN 46241
    	
 
    	
Indiana
    	
 
    	
07/28/1998
    

 

2

 

	
ENTITY NAME
    	
 
    	
DOMESTIC
   JURISDICTION
    	
 
    	
FORMATION DATE
    
	
Comfort Systems USA (Syracuse), Inc.
   6500 New Venture Gear Drive
   East Syracuse, NY 13057
    	
 
    	
New York
    	
 
    	
03/08/1965
    
	
Comfort Systems USA (Texas), L.P.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Texas
    	
 
    	
08/14/1998
    
	
Comfort Systems USA (Western Michigan), Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Michigan
    	
 
    	
07/21/1989
    
	
Control Concepts, LLC
   3550 North Parkway, Suite 100
   Cumming, GA 30040
    	
 
    	
Georgia
    	
 
    	
12/16/1996
    
	
Control Concepts Mechanical Services, LLC
   3550 North Parkway, Suite 100
   Cumming, GA 30040
    	
 
    	
Georgia
    	
 
    	
01/17/2008
    
	
CSUSA (10), LLC
   675 Bering Drive, Suite 400
   Houston, Texas 77057
    	
 
    	
North Carolina
    	
 
    	
10/21/2011
    
	
CS53 Acquisition Corporation
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
01/26/1999
    
	
Delcard Associates, LLC
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
06/23/2000
    
	
Design Mechanical Incorporated
   168 CTC Blvd., Suite #D
   Louisville, CO 80027
    	
 
    	
Delaware
    	
 
    	
10/30/1997
    
	
Dyna Ten Corporation
   4375 Diplomacy Road
   Fort Worth, TX 76155
    	
 
    	
Texas
    	
 
    	
06/26/1980
    
	
Dyna Ten Maintenance Services, LLC
   4375 Diplomacy Road
   Fort Worth, TX 76155
    	
 
    	
Texas
    	
 
    	
08/07/2006
    
	
Eastern Heating & Cooling, Inc.
   880 Broadway
   Albany, NY 12207-1316
    	
 
    	
New York
    	
 
    	
12/19/1988
    
	
Eastern Refrigeration Co., Inc.
   880 Broadway
   Albany, NY 12207-1316
    	
 
    	
New York
    	
 
    	
01/30/1990
    
	
Environmental Air Systems, LLC
   521 Banner Avenue
   Greensboro, North Carolina 27401
    	
 
    	
North Carolina
    	
 
    	
10/07/2011
    
	
Envirotrol, LLC
   114 Landmark Drive
   Greensboro, North Carolina 27409
    	
 
    	
North Carolina
    	
 
    	
10/27/2011
    
	
Granite State Holdings Company, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
11/02/2005
    

 

3

 

	
ENTITY NAME
    	
 
    	
DOMESTIC
   JURISDICTION
    	
 
    	
FORMATION DATE
    
	
Granite State Plumbing & Heating, LLC
   10 N. Riverdale Road
   Weare, NH 03281
    	
 
    	
Delaware
    	
 
    	
07/31/2001
    
	
H & M Mechanical, Inc.
   3100 Richard Arrington Jr. Blvd. North
   Birmingham, AL 35203
    	
 
    	
Alabama
    	
 
    	
08/06/1998
    
	
Helm Corporation
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Colorado
    	
 
    	
10/26/1972
    
	
Hess Mechanical, LLC
   9600 Fallard Court
   Upper Marlboro, MD 20772-6703
    	
 
    	
Maryland
    	
 
    	
01/07/2016
    
	
Hudson River Heating and Cooling, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
08/19/2005
    
	
H-VAC Supply, L.L.C.
   675 Bering Drive, Suite 400
   Houston, Texas 77057
    	
 
    	
Puerto Rico
    	
 
    	
10/18/06
    
	
Mechanical Technical Services, Inc.
   1720 Royston Lane
   Round Rock, TX 78664
    	
 
    	
Texas
    	
 
    	
05/24/2007
    
	
Merit Mechanical, Inc.
   9630 153rd Ave NE
   Redmond, WA 98052
    	
 
    	
Washington
    	
 
    	
02/14/1984
    
	
MJ Mechanical Services, Inc.
   2040 Military Road
   Tonawanda, NY 14150
    	
 
    	
Delaware
    	
 
    	
12/12/1997
    
	
North American Mechanical, Inc.
   4401 State Road 19
   Windsor, WI 53598
    	
 
    	
Delaware
    	
 
    	
03/17/1998
    
	
Plant Services Incorporated
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Iowa
    	
 
    	
07/02/1986
    
	
Quality Air Heating & Cooling, Inc.
   3395 Kraft Avenue, SE
   Grand Rapids, MI 49512
    	
 
    	
Michigan
    	
 
    	
09/10/1980
    
	
Riddleberger Brothers, Inc.
   6127 S. Valley Pike
   Mount Crawford, VA 22841
    	
 
    	
Virginia
    	
 
    	
12/22/1958
    
	
S.I. Goldman Company, Inc.
   799 Bennett Drive
   Longwood, FL 32750
    	
 
    	
Florida
    	
 
    	
10/04/1976
    
	
S.M. Lawrence Company, Inc.
   2311, 2312, 2319 Kline Avenue
   Nashville, Tennessee 37211
    	
 
    	
Tennessee
    	
 
    	
03/08/1973
    
	
SA Associates, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Utah
    	
 
    	
03/27/1984
    

 

4

 

	
ENTITY NAME
    	
 
    	
DOMESTIC
   JURISDICTION
    	
 
    	
FORMATION DATE
    
	
Salmon & Alder, L.L.C.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Utah
    	
 
    	
07/08/1996
    
	
Seasonair, Inc.
   16001-A Industrial Drive
   Gaithersburg, MD 20877
    	
 
    	
Maryland
    	
 
    	
10/28/1966
    
	
Shoffner Acquisition Corp.
   3538, 3600 and 3626 Papermill Drive
   Knoxville, Tennessee 37909
    	
 
    	
Tennessee
    	
 
    	
08/18/2005
    
	
ShoffnerKalthoff Mechanical Electrical   Service, Inc.
   3538, 3600 and 3626 Papermill Drive
   Knoxville, Tennessee 37909
    	
 
    	
Tennessee
    	
 
    	
11/14/2001
    
	
Shoffner Mechanical Services, Inc.
   1010 Wilder Place
   Knoxville, Tennessee 37915
    	
 
    	
Tennessee
    	
 
    	
07/15/1974
    
	
SKMES, Inc.
   3538, 3600 and 3626 Papermill Drive
   Knoxville, Tennessee 37909
    	
 
    	
Tennessee
    	
 
    	
10/24/1978
    
	
Temp Right Service, Inc.
   101 North Catlin
   Missoula, MT 59801
    	
 
    	
Delaware
    	
 
    	
09/25/1997
    

 

5

 

SCHEDULE III

to

SECOND AMENDED AND RESTATED SECURITY AGREEMENT

 

Schedule of Organizational Identification, Offices, Locations of Collateral and Records Concerning Collateral

 

	
Grantor Official Name, Address of Principal Place
   of Business and Location of Records of Collateral
    	
 
    	
State of
   Organization
    	
 
    	
Entity Type
    	
 
    	
Charter/ID
   Number
    	
 
    	
Prior Names & Trade Names
    
	
Accu-Temp GP, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2898499
    	
 
    	
 
    
	
Accu-Temp LP, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2898748
    	
 
    	
 
    
	
ACI Mechanical, Inc.
   2182 231st Lane
   Ames, IA 50014
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2913899
    	
 
    	
 
    
	
Acorn Industrial, LLC
   7311 ACC Boulevard
   Raleigh, NC 27617
    	
 
    	
North Carolina
    	
 
    	
Limited Liability   Company
    	
 
    	
0414387
    	
 
    	
 
    
	
Air Systems Engineering, Inc.
   3602 South Pine Street
   Tacoma, WA 98409
    	
 
    	
Washington
    	
 
    	
Corporation
    	
 
    	
600099211
    	
 
    	
 
    
	
AIRTEMP, INC.
   20 Thomas Drive
   Westbook, Main 04092
    	
 
    	
Maine
    	
 
    	
Corporation
    	
 
    	
20130432D
    	
 
    	
 
    
	
ARC Comfort Systems USA, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2872674
    	
 
    	
 
    
	
Atlas-Accurate Holdings, L.L.C.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Limited Liability   Company
    	
 
    	
2985409
    	
 
    	
 
    
	
Atlas Comfort Systems USA, L.L.C.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Limited Liability   Company
    	
 
    	
4367814
    	
 
    	
Atlas Comfort Systems USA
    

 

1

 

	
Grantor Official Name, Address of Principal Place
   of Business and Location of Records of Collateral
    	
 
    	
State of
   Organization
    	
 
    	
Entity Type
    	
 
    	
Charter/ID
   Number
    	
 
    	
Prior Names & Trade Names
    
	
Batchelor’s Mechanical Contractors, LLC
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Alabama
    	
 
    	
Limited Liability   Company
    	
 
    	
D/C 081 557
    	
 
    	
 
    
	
BCM Controls Corporation
   30 Commerce Way
   Woburn, MA 01801
    	
 
    	
Massachusetts
    	
 
    	
Corporation
    	
 
    	
042842193
    	
 
    	
 
    
	
California Comfort Systems USA, Inc.
   7740 Kenamar Court
   San Diego, CA 92121
    	
 
    	
California
    	
 
    	
Corporation
    	
 
    	
1201196
    	
 
    	
TCP Company
    
	
ColonialWebb Contractors Company
   2820 Ackley Avenue
   Richmond, VA 23228
    	
 
    	
Virginia
    	
 
    	
Corporation
    	
 
    	
0137512-0
    	
 
    	
Comfort Systems USA (Carolinas), LLC
    
	
Comfort Systems USA (Arkansas), Inc.
   4806 Rixey Road
   North Little Rock, AR 72117
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2872673
    	
 
    	
 
    
	
Comfort Systems USA (Baltimore), LLC
   675 Bering Drive, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Limited Liability   Company
    	
 
    	
2955787
    	
 
    	
 
    
	
Comfort Systems USA (Bristol), Inc.
   294 Blevins Blvd.
   Bristol, VA 24202
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2783665
    	
 
    	
Comfort Systems USA New River (Bristol)
    
	
Comfort Systems USA Energy Services, Inc.
   7 Waterside Crossing
   Windsor, CT 06095
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2788605
    	
 
    	
 
    
	
Comfort Systems USA G.P., Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2932812
    	
 
    	
 
    
	
Comfort Systems USA (Indiana), LLC
   2655 Fortune Circle West, Suites E & F,
   Indianapolis, Indiana 46241
    	
 
    	
Indiana
    	
 
    	
Limited Liability   Company
    	
 
    	
2015060800753
    	
 
    	
 
    
	
Comfort Systems USA (Intermountain), Inc.
   2035 S. Milestone Drive
   Salt Lake City, UT 84104
    	
 
    	
Utah
    	
 
    	
Corporation
    	
 
    	
04982
    	
 
    	
Contract Services; Martin Heating & Cooling
    
	
Comfort Systems USA (Kentucky), Inc.
   3405 Robards Court
   Louisville, KY 40218
    	
 
    	
Kentucky
    	
 
    	
Corporation
    	
 
    	
0153687
    	
 
    	
MELCO Industries, Inc.
    

 

2

 

	
Grantor Official Name, Address of Principal Place
   of Business and Location of Records of Collateral
    	
 
    	
State of
   Organization
    	
 
    	
Entity Type
    	
 
    	
Charter/ID
   Number
    	
 
    	
Prior Names & Trade Names
    
	
Comfort Systems USA (MidAtlantic), LLC
   1057 Bill Tuck Highway
   South Boston, VA 24592
    	
 
    	
Virginia
    	
 
    	
Limited Liability   Company
    	
 
    	
S313150-7
    	
 
    	
 
    
	
Comfort Systems USA (Midwest), LLC
   2182 231st Lane
   Ames, IA 50014
    	
 
    	
Iowa
    	
 
    	
Limited Liability Company
    	
 
    	
387726
    	
 
    	
 
    
	
Comfort Systems USA (Ohio), Inc.
   7401 First Place
   Oakwood Village, OH 44146
    	
 
    	
Ohio
    	
 
    	
Corporation
    	
 
    	
543269
    	
 
    	
Innovative Energy Solutions, LLC
    
	
Comfort Systems USA Puerto Rico, Inc.
   675 Bering Drive, Suite 400
   Houston, Texas 77057
    	
 
    	
Puerto Rico
    	
 
    	
Corporation
    	
 
    	
78,907
    	
 
    	
 
    
	
Comfort Systems USA (South Central), Inc.
   9745 Bent Oak Drive
   Houston, TX 77040
    	
 
    	
Texas
    	
 
    	
Corporation
    	
 
    	
801702880
    	
 
    	
Atlas Comfort Systems USA
    
	
Comfort Systems USA (Southeast), Inc.
   435 Corday Street
   Pensacola, FL 32503
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2875705
    	
 
    	
Batchelor’s Mechanical Contractors; Control   Concepts, Inc.
    
	
Comfort Systems USA (Southwest), Inc.
   6875 W. Galveston
   Chandler, AZ 85226
    	
 
    	
Arizona
    	
 
    	
Corporation
    	
 
    	
113419
    	
 
    	
Tri-City Mechanical, Inc.; Air Management   Services, Inc.; Commercial Mechanical Service, Inc.
    
	
Comfort Systems USA Strategic Accounts, LLC
   2655 Fortune Circle West, Suite E & F
   Indianapolis, IN 46241
    	
 
    	
Indiana
    	
 
    	
Limited Liability   Company
    	
 
    	
1998071673
    	
 
    	
Comfort Systems USA National Accounts, LLC
    
	
Comfort Systems USA (Syracuse), Inc.
   6500 New Venture Gear Drive
   East Syracuse, NY 13057
    	
 
    	
New York
    	
 
    	
Corporation
    	
 
    	
N/A
    	
 
    	
Armani Plumbing & Mechanical; ABJ Fire   Protection Company; Woodcock & Armani; Billone Mechanical   Contractors
    
	
Comfort Systems USA (Texas), L.P.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Texas
    	
 
    	
Limited Partnership
    	
 
    	
00111578-10
    	
 
    	
 
    
	
Comfort Systems USA (Western Michigan), Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Michigan
    	
 
    	
Corporation
    	
 
    	
341-042
    	
 
    	
 
    

 

3

 

	
Grantor Official Name, Address of Principal Place
   of Business and Location of Records of Collateral
    	
 
    	
State of
   Organization
    	
 
    	
Entity Type
    	
 
    	
Charter/ID
   Number
    	
 
    	
Prior Names & Trade Names
    
	
Control Concepts, LLC
   3550 North Parkway, Suite 100
   Cumming, GA 30040
    	
 
    	
Georgia
    	
 
    	
Limited Liability   Company
    	
 
    	
12058032
    	
 
    	
Control Concepts, Inc.
    
	
Control Concepts Mechanical Services, LLC
   3550 North Parkway, Suite 100
   Cumming, GA 30040
    	
 
    	
Georgia
    	
 
    	
Limited Liability   Company
    	
 
    	
12058034
    	
 
    	
Control Concepts Mechanical Services, Inc.
    
	
CSUSA (10), LLC
   675 Bering Drive, Suite 400
   Houston, Texas 77057
    	
 
    	
North Carolina
    	
 
    	
Limited Liability   Company
    	
 
    	
1226798
    	
 
    	
 
    
	
CS53 Acquisition Corporation
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2997337
    	
 
    	
 
    
	
Delcard Associates, LLC
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Limited Liability   Company
    	
 
    	
3250401
    	
 
    	
 
    
	
Design Mechanical Incorporated
   168 CTC Blvd., Suite #D
   Louisville, CO 80027
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2814928
    	
 
    	
Rocky Mountain Mechanical Systems, Inc.;   Breckenridge Mechanical, Inc.
    
	
Dyna Ten Corporation
   4375 Diplomacy Road
   Fort Worth, TX 76155
    	
 
    	
Texas
    	
 
    	
Corporation
    	
 
    	
00523341-00
    	
 
    	
 
    
	
Dyna Ten Maintenance Systems, LLC
   4375 Diplomacy Road
   Fort Worth, TX 76155
    	
 
    	
Texas
    	
 
    	
Limited Liability   Company
    	
 
    	
800690724
    	
 
    	
 
    
	
Eastern Heating & Cooling, Inc.
   880 Broadway
   Albany, NY 12207-1316
    	
 
    	
New York
    	
 
    	
Corporation
    	
 
    	
N/A
    	
 
    	
 
    
	
Eastern Refrigeration Co., Inc.
   880 Broadway
   Albany, NY 12207-1316
    	
 
    	
New York
    	
 
    	
Corporation
    	
 
    	
N/A
    	
 
    	
 
    
	
Environmental Air Systems, LLC
   521 Banner Avenue
   Greensboro, North Carolina 27401
    	
 
    	
North Carolina
    	
 
    	
Limited Liability   Company
    	
 
    	
1224823
    	
 
    	
EAS Holdings, LLC
    
	
Envirotrol, LLC
   114 Landmark Drive
   Greensboro, North Carolina 27409
    	
 
    	
North Carolina
    	
 
    	
Limited Liability   Company
    	
 
    	
1227732
    	
 
    	
Envirotrol Holdings, LLC
    

 

4

 

	
Grantor Official Name, Address of Principal Place
   of Business and Location of Records of Collateral
    	
 
    	
State of
   Organization
    	
 
    	
Entity Type
    	
 
    	
Charter/ID
   Number
    	
 
    	
Prior Names & Trade Names
    
	
Granite State Holdings Company, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
4054936
    	
 
    	
 
    
	
Granite State Plumbing & Heating, LLC
   10 N. Riverdale Road
   Weare, NH 03281
    	
 
    	
Delaware
    	
 
    	
Limited Liability   Company
    	
 
    	
3420719
    	
 
    	
Delta Mechanical
    
	
H & M Mechanical, Inc.
   3100 Richard Arrington Jr. Blvd. North
   Birmingham, AL 35203
    	
 
    	
Alabama
    	
 
    	
Corporation
    	
 
    	
912-998
    	
 
    	
The Capital Refrigeration Company; MidSouth Controls   LLC; Huntsville Refrigeration Service
    
	
Helm Corporation
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Colorado
    	
 
    	
Corporation
    	
 
    	
19871249912
    	
 
    	
 
    
	
Hess Mechanical, LLC
   9600 Fallard Court
   Upper Marlboro, MD 20772-6703
    	
 
    	
Maryland
    	
 
    	
Limited Liability   Company
    	
 
    	
2872661
    	
 
    	
Hess Mechanical Corporation
    
	
Hudson River Heating and Cooling, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
4018441
    	
 
    	
 
    
	
H-VAC Supply, L.L.C.
   675 Bering Drive, Suite 400
   Houston, Texas 77057
    	
 
    	
Puerto Rico
    	
 
    	
Limited Liability   Company
    	
 
    	
423
    	
 
    	
 
    
	
Mechanical Technical Services, Inc.
   1720 Royston Lane
   Round Rock, TX 78664
    	
 
    	
Texas
    	
 
    	
Corporation
    	
 
    	
801702874
    	
 
    	
MTECH
    
	
Merit Mechanical, Inc.
   9630 153rd Ave NE
   Redmond, WA 98052
    	
 
    	
Washington
    	
 
    	
Corporation
    	
 
    	
600517946
    	
 
    	
 
    
	
MJ Mechanical Services, Inc.
   2040 Military Road
   Tonawanda, NY 14150
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2832395
    	
 
    	
JM State Refrigeration; Vastola Heating &   Air Conditioning
    
	
North American Mechanical, Inc.
   4401 State Road 19
   Windsor, WI 53598
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2872663
    	
 
    	
Masterson Plumbing
    

 

5

 

	
Grantor Official Name, Address of Principal Place
   of Business and Location of Records of Collateral
    	
 
    	
State of
   Organization
    	
 
    	
Entity Type
    	
 
    	
Charter/ID
   Number
    	
 
    	
Prior Names & Trade Names
    
	
Plant Services Incorporated
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Iowa
    	
 
    	
Corporation
    	
 
    	
109676
    	
 
    	
 
    
	
Quality Air Heating & Cooling, Inc.
   3395 Kraft Avenue, SE
   Grand Rapids, MI 49512
    	
 
    	
Michigan
    	
 
    	
Corporation
    	
 
    	
233-444
    	
 
    	
Control Logic
    
	
Riddleberger Brothers, Inc.
   6127 S. Valley Pike
   Mount Crawford, VA 22841
    	
 
    	
Virginia
    	
 
    	
Corporation
    	
 
    	
0081890
    	
 
    	
 
    
	
S.I. Goldman Company, Inc.
   799 Bennett Drive
   Longwood, FL 32750
    	
 
    	
Florida
    	
 
    	
Corporation
    	
 
    	
515751
    	
 
    	
 
    
	
S.M. Lawrence Company, Inc.
   2311, 2312, 2379 Kline Avenue
   Nashville, Tennessee 37211
    	
 
    	
Tennessee
    	
 
    	
Corporation
    	
 
    	
000018143
    	
 
    	
Comfort Systems USA (Tennessee), Inc.;   Dillingham & Smith Mechanical and Sheet Metal Contractors, Inc.
    
	
SA Associates, Inc.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Utah
    	
 
    	
Corporation
    	
 
    	
108921
    	
 
    	
Salmon & Alder Associates
    
	
Salmon & Alder, L.L.C.
   675 Bering, Suite 400
   Houston, TX 77057
    	
 
    	
Utah
    	
 
    	
Limited Liability   Company
    	
 
    	
LC014499
    	
 
    	
 
    
	
Seasonair, Inc.
   16001-A Industrial Drive
   Gaithersburg, MD 20877
    	
 
    	
Maryland
    	
 
    	
Corporation
    	
 
    	
D0193599
    	
 
    	
 
    
	
Shoffner Acquisition Corp.
   3538, 3600 and 3626 Papermill Drive
   Knoxville, Tennessee 37909
    	
 
    	
Tennessee
    	
 
    	
Corporation
    	
 
    	
000500444
    	
 
    	
 
    
	
ShoffnerKalthoff Mechanical Electrical   Service, Inc.
   3538, 3600 and 3626 Papermill Drive
   Knoxville, Tennessee 37909
    	
 
    	
Tennessee
    	
 
    	
Corporation
    	
 
    	
000416997
    	
 
    	
Shoffner Mechanical, Industrial &   Service Company, Inc.
    
	
Shoffner Mechanical Services, Inc.
   1010 Wilder Place
   Knoxville, Tennessee 37915
    	
 
    	
Tennessee
    	
 
    	
Corporation
    	
 
    	
000020374
    	
 
    	
Mechanical Services of Knoxville, Inc.
    
	
SKMES, Inc.
   3538, 3600 and 3626 Papermill Drive
   Knoxville, Tennessee 37909
    	
 
    	
Tennessee
    	
 
    	
Corporation
    	
 
    	
000058694
    	
 
    	
Kalthoff Fabricators, Inc.; Kalthoff, Inc.
    

 

6

 

	
Grantor Official Name, Address of Principal Place
   of Business and Location of Records of Collateral
    	
 
    	
State of
   Organization
    	
 
    	
Entity Type
    	
 
    	
Charter/ID
   Number
    	
 
    	
Prior Names & Trade Names
    
	
Temp Right Service, Inc.
   101 North Catlin
   Missoula, MT 59801
    	
 
    	
Delaware
    	
 
    	
Corporation
    	
 
    	
2800213
    	
 
    	
Carson Brothers
    

 

Names of Persons from whom a Grantor has acquired assets during the past two (2) years, other than assets acquired in the ordinary course of business:

 

Innovative Energy Solutions, LLC: assets acquired by Comfort Systems USA (Ohio), Inc. (June 1, 2014)

Commercial Mechanical Service, Inc.: assets acquired by Comfort Systems USA (Southwest), Inc. (October 1, 2014)

Delta Mechanical Corporation: assets acquired by Granite State Plumbing & Heating, LLC (January 1, 2015)

Rocky Mountain Mechanical Systems, Inc.: assets acquired by Design Mechanical Incorporated (January 1, 2015)

Blue Earth Energy Management Services, Inc.: assets acquired by California Comfort Systems USA, Inc. (July 31, 2015)

Huntsville Refrigeration Service, LLC: assets acquired by H & M Mechanical, Inc. (December 31, 2015)

 

7

 

SCHEDULE I

to

SECOND AMENDED AND RESTATED PLEDGE AGREEMENT

 

Part A

Pledged Shares

 

	
 
    	
 
    	
Pledged Entity
    	
 
    	
Class of
   Common
   Stock
    	
 
    	
Stock
   Certificate
   Number(s)
    	
 
    	
Number
   of Shares
    	
 
    	
Pledgor(s)/Percentage of
   Outstanding Shares
    
	
1.
    	
 
    	
Accu-Temp GP, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
2.
    	
 
    	
Accu-Temp LP, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
3.
    	
 
    	
ACI Mechanical, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
4.
    	
 
    	
Acorn Industrial, LLC
    	
 
    	
Common
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% of member interest — Comfort Systems USA   (MidAtlantic), LLC
    
	
5.
    	
 
    	
Air Systems Engineering, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
6.
    	
 
    	
AIRTEMP, INC.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
7.
    	
 
    	
ARC Comfort Systems USA, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
8.
    	
 
    	
Atlas-Accurate Holdings, L.L.C.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% member interest — CS53 Acquisition Corp.
    
	
9.
    	
 
    	
Atlas Comfort Systems USA, L.L.C.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% member interest — Hess Mechanical, LLC
    
	
10.
    	
 
    	
Batchelor’s Mechanical Contractors, LLC
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% of member interest — H & M   Mechanical, Inc.
    
	
11.
    	
 
    	
BCM Controls Corporation
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
12.
    	
 
    	
California Comfort Systems USA, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
13.
    	
 
    	
ColonialWebb Contractors Company
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
14.
    	
 
    	
Comfort Systems USA (Arkansas), Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
15.
    	
 
    	
Comfort Systems USA (Baltimore), LLC
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% member interest — Hess Mechanical, LLC
    
	
16.
    	
 
    	
Comfort Systems USA (Bristol), Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
17.
    	
 
    	
Comfort Systems USA Energy Services, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
18.
    	
 
    	
Comfort Systems USA G.P., Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
19.
    	
 
    	
Comfort Systems USA (Indiana), LLC
    	
 
    	
Common
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% of membership interest — Comfort Systems USA   Strategic Accounts, LLC
    
	
20.
    	
 
    	
Comfort Systems USA (Intermountain), Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
21.
    	
 
    	
Comfort Systems USA (Kentucky), Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    

 

1

 

	
 
    	
 
    	
Pledged Entity
    	
 
    	
Class of
   Common
   Stock
    	
 
    	
Stock
   Certificate
   Number(s)
    	
 
    	
Number
   of Shares
    	
 
    	
Pledgor(s)/Percentage of
   Outstanding Shares
    
	
22.
    	
 
    	
Comfort Systems USA (MidAtlantic), LLC
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% member interest — Riddleberger   Brothers, Inc.
    
	
23.
    	
 
    	
Comfort Systems USA (Midwest), LLC
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% member interest — Plant Services Incorporated
    
	
24.
    	
 
    	
Comfort Systems USA (Ohio), Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
25.
    	
 
    	
Comfort Systems USA Puerto Rico, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
65
    	
 
    	
65% of shares owned by Borrower
    
	
26.
    	
 
    	
Comfort Systems USA (South Central), Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
27.
    	
 
    	
Comfort Systems USA (Southeast), Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
28.
    	
 
    	
Comfort Systems USA (Southwest), Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
29.
    	
 
    	
Comfort Systems USA Strategic Accounts, LLC
    	
 
    	
Common
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
1% membership interest of Accu-Temp GP, Inc.
   99% membership interest of Accu-Temp LP, Inc.
    
	
30.
    	
 
    	
Comfort Systems USA (Syracuse), Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
31.
    	
 
    	
Comfort Systems USA (Texas), L.P.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
1% general partner interest — Comfort Systems USA   GP, Inc.
   99% limited partner interest — Tri-City Mechanical, Inc.
    
	
32.
    	
 
    	
Comfort Systems USA (Western Michigan), Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
33.
    	
 
    	
Control Concepts, LLC
    	
 
    	
Common
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% of member interest — Comfort Systems USA (Southeast), Inc.
    
	
34.
    	
 
    	
Control Concepts Mechanical Services, LLC
    	
 
    	
Common
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% of member interest — Comfort Systems USA   (Southeast), Inc.
    
	
35.
    	
 
    	
CSUSA (10), LLC
    	
 
    	
Common
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% of membership interest — Comfort Systems   USA, Inc.
    
	
36.
    	
 
    	
CS53 Acquisition Corporation
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
37.
    	
 
    	
Delcard Associates, LLC
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% of member interest — Seasonair, Inc.
    
	
38.
    	
 
    	
Design Mechanical Incorporated
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
39.
    	
 
    	
Dyna Ten Corporation
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
40.
    	
 
    	
Dyna Ten Maintenance Services, LLC
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% member interest — Dyna Ten Corporation
    
	
41.
    	
 
    	
Eastern Heating & Cooling, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
42.
    	
 
    	
Eastern Refrigeration Co., Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
43.
    	
 
    	
Environmental Air Systems, LLC
    	
 
    	
Common
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% of membership interest — CSUSA (10), LLC
    

 

2

 

	
 
    	
 
    	
Pledged Entity
    	
 
    	
Class of
   Common
   Stock
    	
 
    	
Stock
   Certificate
   Number(s)
    	
 
    	
Number
   of Shares
    	
 
    	
Pledgor(s)/Percentage of
   Outstanding Shares
    
	
44.
    	
 
    	
Envirotrol, LLC
    	
 
    	
Common
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% of membership interest — Environmental Air Systems,   LLC
    
	
45.
    	
 
    	
Granite State Holdings Company, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
46.
    	
 
    	
Granite State Plumbing & Heating, LLC
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% membership interest — Granite State Holdings   Company, Inc.
    
	
47.
    	
 
    	
H & M Mechanical, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
48.
    	
 
    	
Helm Corporation
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
49.
    	
 
    	
Hess Mechanical, LLC
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
50.
    	
 
    	
Hudson River Heating and Cooling, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
51.
    	
 
    	
H-VAC Supply, L.L.C.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
65% member interest — Comfort Systems USA Puerto   Rico, Inc.
    
	
52.
    	
 
    	
Mechanical Technical Services, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
53.
    	
 
    	
Merit Mechanical, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
54.
    	
 
    	
MJ Mechanical Services, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
55.
    	
 
    	
North American Mechanical, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
56.
    	
 
    	
Plant Services Incorporated
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
57.
    	
 
    	
Quality Air Heating & Cooling, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
58.
    	
 
    	
Riddleberger Brothers, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
59.
    	
 
    	
S.I. Goldman Company, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
750
    	
 
    	
100% of shares owned by Borrower
    
	
60.
    	
 
    	
S.M. Lawrence Company, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
61.
    	
 
    	
SA Associates, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    
	
62.
    	
 
    	
Salmon & Alder, L.L.C.
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
N/A
    	
 
    	
100% membership interest — SA Associates, Inc.
    
	
63.
    	
 
    	
Seasonair, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
1,544,000
    	
 
    	
100% of shares owned by Borrower
    
	
64.
    	
 
    	
Shoffner Acquisition Corp.
    	
 
    	
Common
    	
 
    	
1
   3
   4
   5
   6
   7
    	
 
    	
600
   300
   484
   110
   81.20
   18.80
    	
 
    	
100% of shares owned by Borrower
    
	
65.
    	
 
    	
ShoffnerKalthoff Mechanical Electrical   Service, Inc. (formerly known as Shoffner   Mechanical, Industrial & Service Company, Inc.)
    	
 
    	
Common
    	
 
    	
5
   6
   7
    	
 
    	
600
   300
   100
    	
 
    	
100% of shares owned by Shoffner Acquisition Corp.
    

 

3

 

	
 
    	
 
    	
Pledged Entity
    	
 
    	
Class of
   Common
   Stock
    	
 
    	
Stock
   Certificate
   Number(s)
    	
 
    	
Number
   of Shares
    	
 
    	
Pledgor(s)/Percentage of
   Outstanding Shares
    
	
66.
    	
 
    	
Shoffner Mechanical Services, Inc. (formerly   known as Mechanical Services of Knoxville, Inc.)
    	
 
    	
Common
    	
 
    	
8
    	
 
    	
10
    	
 
    	
100% of shares owned by Shoffner Acquisition Corp.
    
	
67.
    	
 
    	
SKMES, Inc. (formerly Kalthoff, Inc. and   Kalthoff Fabricators, Inc.)
    	
 
    	
Common
    	
 
    	
6
   11
    	
 
    	
10
   112
    	
 
    	
100% of shares owned by Shoffner Acquisition Corp.
    
	
68.
    	
 
    	
Temp Right Service, Inc.
    	
 
    	
Common
    	
 
    	
CS1
    	
 
    	
100
    	
 
    	
100% of shares owned by Borrower
    

 

4Exhibit

Exhibit 10.8
THE MACERICH COMPANY 
2013 DEFERRED COMPENSATION PLAN 
FOR EXECUTIVES
As Amended and Restated Effective January 1, 2016
The Macerich Company, a Maryland corporation, previously adopted The Macerich Company 2005 Deferred Compensation Plan For Executives, as amended (the “2005 Executive Plan”) and The Macerich Company 2005 Deferred Compensation Plan For Senior Executives, as amended (the “2005 Senior Executive Plan,” and together with the 2005 Executive Plan, the “2005 Plans”), to provide supplemental retirement income benefits for Company executives and senior executives through deferrals of salary and bonuses. The Macerich Company subsequently amended and restated the 2005 Plans as The Macerich Company 2013 Deferred Compensation Plan (the “Plan”), generally effective January 1, 2013 (the “Effective Date”), except as otherwise set forth herein.  The Plan is hereby amended and restated effective January 1, 2016, except as otherwise set forth herein.  The Plan is intended, and shall be interpreted, to comply in all respects with Code Section 409A and those provisions of ERISA applicable to an unfunded plan maintained primarily to provide deferred compensation benefits for a select group of “management or highly compensated employees.”
ARTICLE I
TITLE AND DEFINITIONS
1.1    “Account” or “Accounts” shall mean the bookkeeping account or accounts established under this Plan pursuant to Article IV.
1.2    “Alternate Payee” shall mean a spouse, former spouse, child or other dependent of a Participant, who has the right to receive all or a portion of the Participant’s Accounts under this Plan pursuant to a Domestic Relations Order.
1.3    “Base Salary” shall mean a Participant’s base salary, excluding incentive and discretionary bonuses, commissions, reimbursements, severance and other non-regular remuneration, received from the Company before reduction for any contributions to or deferrals under this Plan or any other pension, deferred compensation or benefit plan sponsored by the Company, including but not limited to, plans described in Code Section 125 and Code Section 401(k).
1.4    “Beneficiary” or “Beneficiaries” shall mean the person, persons or entity designated as such pursuant to Section 7.1. 
1.5    “Board” shall mean the Board of Directors of The Macerich Company.
1.6    “Bonus” shall mean any amount paid to the Participant by the Company in the form of discretionary or incentive compensation before reduction for any contributions to or deferrals under this Plan or any other pension, deferred compensation or benefit plan sponsored by the Company, including but not limited to, plans described in Code Section 125 and Code Section 401

(k), and before reduction for any cash bonus amount elected to be received in the form of an equity award and without regard to any premium for electing any such equity award.
1.7    “Change in Control” shall mean the first occurrence of any of the following events on or after the Effective Date:
(a)the acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) (such individual, entity, or group, a “Person”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of stock possessing 33% or more of the combined voting power of the then-outstanding voting securities of The Macerich Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided, however, that, for purposes of this definition, the following acquisitions shall not constitute a Change in Control; (A) any acquisition directly from the Company, (B) any acquisition by the Company, (C) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any affiliate of the Company or successor or (D) any acquisition by a Person having beneficial ownership of more than 50% of the Outstanding Company Voting Securities prior to the acquisition;
(b)individuals who, as of any date (the “Initial Date”) on or after the Effective Date, constitute the Board (the “Incumbent Board”) cease for any reason, at any time within twelve (12) months following the Initial Date, to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the Initial Date whose election, or nomination for election by the stockholders of The Macerich Company, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board (including for these purposes, the new members whose election or nomination was so approved, without counting the member and his predecessor twice) shall be considered as though such individual were a member of the Incumbent Board;
(c)consummation of a reorganization, merger, statutory share exchange or consolidation or similar corporate transaction involving The Macerich Company or any of its subsidiaries, or the acquisition of assets or stock of another entity by The Macerich Company or any of its subsidiaries (each, a “Business Combination”), in each case if, following such Business Combination, any Person (excluding any entity resulting from such Business Combination or a parent of any such entity or any employee benefit plan (or related trust) of the Company or such entity resulting from such Business Combination or parent of any such entity) beneficially owns, directly or indirectly, more than 50% of, respectively, the then-outstanding shares of stock of the entity resulting from such Business Combination or the combined voting power of the then-outstanding voting securities of such entity, except to the extent that the ownership in excess of 50% existed prior to the Business Combination; or
(d)consummation of a sale or other disposition of all or substantially all of the assets of The Macerich Company (an “Asset Transfer”), other than a transfer to (A) one or more of the beneficial owners (immediately before the Asset Transfer) of the then-outstanding shares of stock of The Macerich Company (“Outstanding Company Stock”) in exchange for or with respect to such Outstanding Company Stock of such beneficial owners, or (B) an entity, 50% or more of the total value or voting power of which is owned, directly or indirectly, by The Macerich Company, or (C) a Person that owns, directly or indirectly, 50% or more of the total value or voting power of 

the Outstanding Company Stock, or (D) an entity, 50% or more of the total value or voting power of which is owned, directly or indirectly, by a Person described in the preceding clause (C).
Each event comprising a Change in Control is intended to constitute and shall be limited to a “change in ownership,” a “change in effective control” or a “change in the ownership of a substantial portion of the assets” of The Macerich Company as such terms are defined for purposes of Section 409A of the Code and such definition of “Change in Control” as used herein shall be interpreted consistently therewith.
1.8    “Code” shall mean the Internal Revenue Code of 1986, as amended, as interpreted by Treasury regulations and other applicable authorities promulgated thereunder.
1.9    “Committee” shall mean the person or persons appointed by the Board to administer the Plan in accordance with Article VIII.
1.10    “Company” shall mean The Macerich Company, its subsidiaries and successors and, where the context warrants, The Macerich Partnership, L.P.; Macerich Management Company; Macerich Partners of Colorado LLC; Queens Mall Limited Partnership; Queens Mall Expansion Limited Partnership; WMAP, L.L.C.; Great Northern SPE, LLC; Rotterdam Square, LLC; and Wilton Mall, LLC.
1.11    “Company Contribution Accounts” shall mean the Accounts maintained for each Participant pursuant to Section 4.2, which are credited with Company Matching Contributions and Company Discretionary Contributions, if any, pursuant to Section 4.2(a) and adjusted for earnings and losses and distributions pursuant to Section 4.2(b).
1.12    “Company Discretionary Contributions” shall mean the discretionary contributions, if any, determined by the Company, in its compete and sole discretion, pursuant to Section 3.2.
1.13     “Company Matching Contributions” shall mean the matching contributions, if any, determined by the Company, in its compete and sole discretion, pursuant to Section 3.2.
1.14     “Compensation” shall mean Base Salary and Bonus for services rendered by the Participant in a particular Plan Year.
1.15    “Deferral Accounts” shall mean the Accounts maintained for a Participant pursuant to Section 4.1, which, as elected by the Participant pursuant to Section 3.1, are credited with the Participant’s deferrals pursuant to Section 4.1(a) and adjusted for earnings and losses and distributions pursuant to Section 4.1(b).
1.16    “Distributable Amount” shall mean the balance in the applicable Account as determined under Article IV.
1.17    “Domestic Relations Order” shall mean a “domestic relations order” as such term is defined in Section 414(p)(1)(B) of the Code.
1.18    “Earnings Rate” shall mean, for each Fund, an amount equal to the net rate of gain or loss on the assets of such Fund, as determined for each business day.

1.19    “Eligible Executive” shall mean a highly compensated or management level employee of the Company meeting such criteria as the Committee may establish for a Plan Year and selected by the Committee to be eligible to participate in the Plan for such Plan Year.
1.20    “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended, including Department of Labor and Treasury regulations and other applicable authorities promulgated thereunder.
1.21    “Financial Hardship” shall mean a severe financial hardship to the Participant resulting from an illness or accident of the Participant, the Participant’s spouse, the Participant’s Beneficiary or a dependent (as defined in Code Section 152(a)) of the Participant, loss of the Participant’s property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant, (but shall in all events correspond to the meaning of the term “unforeseeable emergency” under Code Section 409A(a)(2)(A)(vi)). 
1.22    “Fund” or “Funds” shall mean one or more of the investments selected by the Committee pursuant to Section 3.3 of the Plan.
1.23    “Fund Subaccount” shall mean a separate subaccount established pursuant to Section 4.1 and 4.2 of the Plan which corresponds to a Fund elected by the Participant for investment of a portion of an Account.
1.24    “Hardship Distribution” shall mean an accelerated distribution of benefits pursuant to Section 6.4 to a Participant who has suffered a Financial Hardship.
1.25     “Participant” shall mean any Eligible Executive who elects to defer Compensation under this Plan in accordance with Article II.
1.26    “Participant Elections” shall mean the forms or procedures by which a Participant makes elections with respect to (1) voluntary deferrals of his/her Compensation, (2) the investment Funds which shall act as the basis for crediting of earnings on Account balances, and (3) the form and timing of distributions from Accounts.  Participant Elections may take the form of an electronic communication followed by appropriate confirmation according to specifications established by the Committee.
1.27    “Payment Date” shall mean the date on which a total distribution of the Distributable Amount shall be made or the date on which installment payments of the Distributable Amount shall commence.  A Participant’s Payment Date shall be determined as set forth in Article VI but shall in all events constitute a qualifying payment date, event or schedule under Code Section 409A and no amounts shall be paid under the Plan prior to the earliest qualifying payment date or outside of the discretionary payment period provided for under Code Section 409A.
1.28    “Plan Year” shall mean the calendar year.
1.29    “Pre-2013 Account” shall mean a “Pre-2013 Deferral Account” or “Pre-2013 Matching Account” as such terms are defined in Section 4.1 and 4.2.

1.30    “Scheduled Distribution” shall mean distribution on or commencing on a Payment Date elected by the Participant for distribution of amounts from a specified Account, as provided under Section 6.2(b).
1.31    “Separation from Service” shall mean the date of the Participant’s “separation from service” with the Company as defined under Code Section 409A for any reason whatsoever, whether voluntary or involuntary, including as a result of the Participant’s Retirement, death or disability.
1.32    “Specified Employee” shall mean any Participant who is a “specified employee” as defined in Treasury Regulations Section 1.409A-1(i) and subject to the application of Treasury Regulations Section 1.409A-3(i)(2).

ARTICLE II
PARTICIPATION
An Eligible Executive shall become a Participant in the Plan by completing and submitting to the Committee the appropriate Participant Elections, including such other documentation and information as the Committee may reasonably request, during the enrollment period established by the Committee and ending prior to the beginning of a Plan Year in which the Eligible Executive shall be eligible to participate in the Plan.  Notwithstanding the foregoing, an individual who becomes an Eligible Executive during a Plan Year may elect to participate in the Plan during such Plan Year by completing and submitting to the Committee the appropriate Participant Elections during an enrollment period established by the Committee ending no later than the 30th day following the date on which such individual first becomes an Eligible Executive (assuming such Participant is not a participant in any other plan which is aggregated with this Plan for purposes of Code Section 409A). A mid-year election filed in accordance with the preceding sentence shall be effective solely with respect to Base Salary earned on or after the first day of the first complete pay period commencing after the filing of the election and the portion of any Bonus earned after the filing of such election, prorated based on days in such Plan Year after the filing of such election and the Eligible Executive’s total days of employment with the Company during such Plan Year.
ARTICLE III
ELECTIONS
3.1    Elections to Defer Compensation.
(a)    Form of Deferral Elections.  A Participant may only elect to defer Compensation attributable to services provided after the time an election to defer is made.  Elections to defer shall take the form of a whole percentage of Base Salary and/or a whole percentage of Bonuses, or a whole percentage of Bonuses in excess of a fixed dollar amount, for a Plan Year, with the percentage in each case not to exceed
(1)    85% of Base Salary, and 
(2)    85% of Bonuses (or Bonuses in excess of a fixed dollar amount).

(b)    Duration of Compensation Deferral Election.  An Eligible Executive’s initial election to defer Compensation shall be made during the applicable enrollment period specified in Article II.  A Participant may increase, decrease, terminate or recommence a deferral election with respect to Compensation for any subsequent Plan Year by filing a Participant Election during the enrollment period established by the Committee prior to the beginning of such subsequent Plan Year, which election shall be effective on the first day of such subsequent Plan Year.  In the absence of an affirmative election by the Participant to the contrary, the deferral election for a Plan Year shall continue in effect for each subsequent Plan Year.  After the beginning of the Plan Year, deferral elections with respect to Compensation for services performed during such Plan Year shall be irrevocable, except that a Participant may cancel such a deferral election (in a manner that shall comply with the requirements of Code Section 409A and applicable authorities) in the event of Financial Hardship.
(c)    401(k) Hardship Withdrawal Cancellation of Election.  Notwithstanding the foregoing, in the event that an Eligible Employee who has elected to defer Compensation for a Plan Year pursuant to this Section 3.1 receives a hardship withdrawal during such Plan Year from a qualified cash or deferred arrangement described in Section 401(k) of the Code (a "401(k) Plan") maintained by the Company, the Eligible Employee’s election to defer Compensation hereunder shall be cancelled immediately upon such Eligible Employee’s receipt of such hardship withdrawal.  No Eligible Employee may elect to defer Compensation pursuant to this Section 3.1, and no such election shall take effect, if the election would result in the deferral of Compensation within six (6) months after the Eligible Employee has received a hardship withdrawal from a 401(k) Plan maintained by the Company.
3.2    Company Contributions.  The Company, in its complete and sole discretion, may provide Company Matching Contributions under the Plan on behalf of the Participants for any Plan Year based on a percentage of the amount of Compensation deferred by Participants under the Plan for such Plan Year.  The Company shall determine and advise Participants of the applicable matching percentage for a Plan Year no later than the December 31 immediately preceding such Plan Year.  The Company shall also have the discretion to make Company Discretionary Contributions to the Plan at any time on behalf of any Participant.  Company Discretionary Contributions shall be made in the complete and sole discretion of the Company and no Participant shall have the right to receive any Company Discretionary Contributions in any particular Plan Year, regardless of whether Company Discretionary Contributions are made on behalf of other Participants.
3.3    Investment Elections.  
(a)    Participant Designation. At the time of entering the Plan and/or of making the deferral election under the Plan, the Participant shall designate, on a Participant Election provided by the Committee, the Funds in which the Participant’s Account or Accounts shall be deemed to be invested for purposes of determining the amount of earnings and losses to be credited to each Account.  The Participant may specify that all or any percentage of his or her Account or Accounts shall be deemed to be invested, in whole percentage increments, in one or more of the Funds selected as alternative investments under the Plan from time to time by the Committee pursuant to subsection (b) of this Section 3.3.  A Participant may change the designation made under this Section by filing 

a revised election in accordance with procedures established by the Committee, on a Participant Election provided by the Committee.  
(b)    Investment Funds. From time to time, the Committee may select, in its sole and absolute discretion, each of the types of commercially available investments to be the Funds to be communicated to the Participants pursuant to subsection (a) of this Section 3.3.  The Earnings Rate of each such commercially available investment shall be used to determine the amount of earnings or losses to be credited or charged to Participants’ Accounts under Article IV.  A Participant’s choice among investments shall be solely for purposes of calculation of the amount of earnings or losses to be credited or charged to the Participant’s Accounts.  The Company shall have no obligation to set aside or invest amounts as elected by the Participant.  Participants shall have no more right to or interest in any investments that may be made by the Company in the Funds or otherwise than any other unsecured general creditor of the Company.
3.4    Distribution Elections.
(a)    Initial Election.  At the time of making a deferral election under the Plan, the Participant shall designate the Deferral Account to which such deferrals are to be credited, and, if the Participant has not previously done so, the Participant shall at such time designate the time and form of distribution of all amounts credited to such Deferral Account and any corresponding Company Contribution Account (in each case, including all subaccounts thereof and as adjusted for any earnings and losses thereon) from among the alternatives specified in Sections 6.1 and 6.2.
(b)    New Election for Subsequent Deferrals.  A new Deferral Account may be designated at the time of subsequent deferral elections with respect to deferrals in Plan Years beginning after the election is made, and, if the Participant has not previously done so, the Participant shall at such time designate the time and form of distribution of amounts credited to such new Deferral Account from among the alternatives specified in Sections 6.1 and 6.2.  
(c)    Election Change.  A distribution election with respect to a previously established Deferral Account may be changed only under the terms and conditions specified in Code Section 409A.  Except as expressly provided in Article VI, no acceleration of a distribution is permitted.  A subsequent election that delays payment or changes the form of payment of a Deferral Account shall be permitted if and only if all of the following requirements are met:
(1)    the new election does not take effect until at least twelve (12) months after the date on which the new election is made;
(2)    in the case of payments made on account of Separation from Service, Change in Control or a Scheduled Distribution, the new election delays payment for at least five (5) years from the date that payment would otherwise have been made, absent the new election; and
(3)    in the case of payments made according to a Scheduled Distribution, the new election is made not less than twelve (12) months before the date on which payment would have been made (or, in the case of installment payments, the first installment payment would have been made) absent the new election.

For purposes of application of the above change limitations, installment payments shall be treated as a single payment.  Election changes made pursuant to this Section shall be made at in accordance with rules established by the Committee, and shall comply with all requirements of Code Section 409A and applicable authorities.
ARTICLE IV
ACCOUNTS
4.1    Deferral Accounts.  The Committee shall establish and maintain multiple Deferral Accounts for each Participant under the Plan. The Committee shall determine and establish, from time to time, reasonable rules regarding the number and type of Deferral Accounts which may be maintained by any Participant and shall communicate such rules to Participants in the applicable enrollment materials. If, under the Plan, a Participant has deferred Compensation relating to services performed prior to the Effective Date, one such Deferral Account shall be designated the “Pre-2013 Deferral Account,” which shall include the Participant’s entire Deferral Account balance immediately prior to the Effective Date and any deferred Compensation thereafter credited for services performed by the Participant during any Plan Year beginning before the Effective Date, in each case as adjusted for earnings and losses.  No amounts shall be credited to the Pre-2013 Deferral Account with respect to any Compensation for services performed during any Plan Year beginning on or after the Effective Date.  Each Participant’s Deferral Accounts may be further divided into separate subaccounts (“Fund Subaccounts”), each of which corresponds to a Fund elected by the Participant pursuant to Section 3.3, and may be divided into other subaccounts for administrative purposes.  A Participant’s Deferral Account shall be credited as follows:
(a)    As soon as reasonably possible after amounts are withheld and deferred from a Participant’s Compensation, the Committee shall credit the Fund Subaccounts of the Participant’s applicable Deferral Account with an amount equal to Compensation deferred by the Participant in accordance with the Participant’s election under Section 3.3; that is, the portion of the Participant’s deferred Compensation that the Participant has elected to be deemed to be invested in a Fund shall be credited to the Fund Subaccount to be invested in that Fund; and
(b)    Each business day, each investment fund subaccount of a Participant’s Deferral Account shall be credited with earnings or losses in an amount equal to that determined by multiplying the balance credited to such Fund Subaccount as of the prior day, less any distributions valued as of the end of the prior day, by the Earnings Rate for the corresponding Fund as determined by the Committee pursuant to Section 3.3(b).
4.2    Company Contribution Account.  The Committee shall establish and maintain a Company Contribution Account for each Participant Deferral Account under the Plan and may establish one or more separate Company Contribution Accounts for Company Discretionary Contributions as determined in the discretion of the Committee.  The Company Contribution Account corresponding to the Pre-2013 Deferral Account shall be designated the “Pre-2013 Matching Account,” which shall include the Participant’s entire Company Contribution Account balance immediately prior to the Effective Date and any Company Matching Contribution thereafter credited pertaining to deferred Compensation for services performed by the Participant during any Plan Year beginning before the Effective Date, in each case as adjusted for earnings and losses.  No amounts shall be credited to the Pre-2013 Matching Account with respect to any Compensation for services performed during any Plan Year beginning on or after the Effective Date.  A Participant’s 

Company Contribution Accounts shall be further divided into separate Fund Subaccounts corresponding to the investment Fund elected by the Participant pursuant to Section 3.3(b).  A Participant’s Company Contribution Account shall be credited as follows:
(c)    As soon as reasonably possible after amounts are withheld and deferred from a Participant’s Compensation, the Company shall credit the Fund Subaccounts of the Participant’s applicable Company Contribution Account with an amount equal to the Company Matching Contributions or Company Discretionary Contributions, if any, which the Participant has elected to be deemed to be invested in such Fund Subaccount; and
(d)    Each business day, each Fund Subaccount of a Participant’s Company Contribution Account shall be credited with earnings or losses in an amount equal to that determined by multiplying the balance credited to such Fund Subaccount as of the prior day, less any distributions valued as of the end of the prior day, by the Earnings Rate for the corresponding Fund as determined by the Committee pursuant to Section 3.3(b).
4.3    Trust.  The Company shall be responsible for the payment of all benefits under the Plan.  The Company shall establish one or more grantor trusts for the purpose of providing for payment of benefits under the Plan and shall contribute to such grantor trust(s) each year an amount equal to the aggregate Compensation deferred by all Participants under the Plan during such year.  Such trust or trusts may be irrevocable, but the assets thereof shall be subject to the claims of the Company’s creditors.  Benefits paid to a Participant from any such trust or trusts shall be considered paid by the Company for purposes of meeting the obligations of the Company under the Plan.
4.4    Statement of Accounts.  The Committee shall furnish each Participant with statements (electronic or otherwise) at least quarterly setting forth the balance of each of the Participant’s Accounts as of the end of each calendar quarter.

ARTICLE V
VESTING
5.1    Vesting of Deferral Accounts.  Each Participant shall be 100% vested at all times in amounts credited to the Participant’s Deferral Account or Accounts.
5.2    Vesting of Company Contribution Accounts.  Each Participant shall be 100% vested at all times in amounts credited to the Participant’s Company Contribution Account or Accounts.
ARTICLE VI
DISTRIBUTIONS
6.1    Forms of Distribution.  The Distributable Amount in each of the Participant’s Accounts (other than of Pre-2013 Account) shall be distributed in the form of a single cash lump sum payable on the Payment Date specified in Section 6.2 unless the Participant has made a valid election to receive payments in one of the following alternative forms:

(d)    A specified number of substantially equal annual installments, not exceeding fifteen (15) annual installments, payable on the Payment Date and each succeeding anniversary of the Payment Date during the payment term;
(e)    Such other form as may be adopted by the Committee in its sole and absolute discretion (which may include restricted stock units under an equity incentive plan maintained by the Company), provided that such form shall not apply to any Account in which all or any portion of the balance in the Account relates to Compensation deferred with respect to any Plan Year(s) commencing prior to the adoption of such form by the Committee.
6.2    Payment Date.  Unless preceded by an earlier distribution under this Article VI, the Payment Date shall be determined for each Account (other than a Pre-2013 Account) as follows:
(a)    Separation From Service Accounts.  Except to the extent otherwise specified in an election to receive a Scheduled Distribution under Section 6.2(b) properly made by the Participant for one or more of the Participant’s Accounts, the Payment Date for each of the Participant’s Accounts shall be the first day of the month immediately following the Participant’s Separation from Service; provided, however, that if the Participant is a Specified Employee and his or her employment terminates for any reason other than death, then the Payment Date for an Account payable by reason of Separation from Service shall be the first day of the seventh (7th) month commencing after the Participant’s Separation from Service, (or, if earlier, the Participant’s death) to the extent necessary to comply with Code Section 409A. 
(b)    Scheduled Distribution Accounts.  A Participant may specify an alternative Payment Date (which may be before or after Separation from Service) for one or more of the Participant’s Deferral Accounts and the corresponding Company Contribution Account pursuant to an election or elections made pursuant to Section 3.4; provided that deferrals of Compensation for a given Plan Year may not be made to a Scheduled Distribution Deferral Account with a specified Payment Date that is earlier than two (2) years from the last day of the Plan Year for which the deferrals are credited to the Participant’s Account.  For avoidance of doubt, in the event that a deferral is inadvertently directed to a Deferral Account with a specified Payment Date earlier than two (2) years from the Plan Year for which the deferrals are credited, such deferrals shall be credited to a default Deferral Account established for such purpose which shall be payable in a single cash lump sum on the Payment Date following the Participant’s Separation from Service, subject to compliance with Code Section 409A as provided in Section 6.2(a).
6.3    Death Benefits.  In the event that a Participant dies prior to the complete distribution of all amounts in the Participant’s Accounts, the Company shall pay to the Participant’s Beneficiary a death benefit equal to the Distributable Amount of such Accounts in a cash lump sum on the Payment Date following the Participant’s death.  This Section 6.3 shall not apply to any Pre-2013 Account.
6.4    Hardship Distribution.  Upon a finding that a Participant has suffered a Financial Hardship, subject to compliance with Code Section 409A the Committee may, at the request of the Participant, cease deferrals and/or accelerate distribution of benefits under the Plan in the amount reasonably necessary to alleviate such Financial Hardship subject to the following conditions:

(a)    The request to take a Hardship Distribution shall be made by filing a form provided by and filed with the Committee, and providing such other information as the Committee may request.
(b)    The amount distributed pursuant to this Section with respect to a Financial Hardship shall not exceed the amount necessary to meet the immediate financial need created by such financial hardship plus amounts necessary to pay taxes reasonably anticipated as a result of the distribution, after taking into account the extent to which such hardship is or may be relieved through reimbursement or compensation by insurance or otherwise or by liquidation of the Participant’s assets (to the extent the liquidation of such assets would not itself cause severe financial hardship).
(c)    The amount determined by the Committee as a Hardship Distribution shall be paid in a single cash lump sum as soon as practicable after the end of the calendar month in which the Hardship Distribution request is made and approved by the Committee and the balance of the Participant’s Account(s) shall be reduced by such amount.  
6.5    Domestic Relations Order.  Notwithstanding any other provision of the Plan, an Alternate Payee may receive payment of all or any portion of a Participant’s Accounts at such time and in such form (from among those set forth in Sections 6.1 and 6.2 or in an immediate lump sum payment) as may be specified in or elected in accordance with a Domestic Relations Order in accordance with procedures established by the Committee.
6.6    Change in Control.  In the event that a Change in Control occurs before an Account has been fully distributed, the Distributable Amount remaining in each such Account as of the first day of the fourteenth (14th) month commencing after the month in which the Change in Control occurs shall be paid in a single cash lump sum distribution on such date; provided that, the Participant may make a timely election to change the time and form of such Change in Control distribution for one or more Accounts pursuant to Section 3.4(c), no later than the last day of the month immediately following such Change in Control.  For avoidance of doubt, distributions otherwise scheduled to occur within the 14 months following a Change in Control shall continue to be paid in accordance with such other provisions of the Plan until such Change in Control distribution occurs.  This Section 6.6 shall not apply to any Pre-2013 Account.
6.7    Pre-2013 Accounts.  Pre-2013 Accounts shall be distributed at the time and in the form determined under the terms of the 2005 Plans prior to their amendment and restatement as of the Effective Date and applicable elections made under the 2005 Plans prior to the Effective Date, subject to Sections 6.4 and 6.5 and any election modification that may be made with respect to such Accounts pursuant to Section 3.4(c) in compliance with all requirements of Code Section 409A.
6.8    Small Benefit Exceptions.  
(a)    Notwithstanding anything herein contained to the contrary, if on the date that any installment payment is to be made to a Participant (or to such a Participant’s Beneficiary) from the Participant’s Pre-2013 Account the total Distributable Amount in the Participant’s Pre-2013 Account is less than $10,000, then the entire Distributable Amount remaining in the Participant’s Pre-2013 Account shall be paid in the form of a cash lump sum to the Participant (or the Participant’s Beneficiary) on the date scheduled for such installment payment.  This provision is intended to 

comply with Treasury Regulations Section 1.409A-2(b)(2)(iii) and shall be administered and interpreted accordingly.
(b)    Notwithstanding anything herein contained to the contrary, at the sole discretion of the Committee exercised in writing as to one or more Participants or categories of Participants, the total remaining balance in all of the Participant’s Accounts of each such Participant shall be paid in the form of a cash lump sum to the Participant (or, if applicable, the Participant’s Beneficiary or Beneficiaries) on the date for such payment specified in the Committee’s written exercise of such discretion (which payment date shall be on or after the date of the Committee’s written exercise of such discretion).  The Committee may exercise such discretion with respect to a Participant’s Accounts only if the total remaining balance in all of such Participant’s Accounts on the payment date is not greater than the then applicable dollar amount under Code Section 402(g)(1)(B) ($18,000 for payments to be made in 2015).  This provision is intended to comply with Treasury Regulations Section 1.409A-3(j)(4)(v) and shall be administered and interpreted accordingly.
ARTICLE VII
PAYEE DESIGNATIONS AND LIMITATIONS
7.1    Beneficiaries.  
(c)    Beneficiary Designation.  The Participant shall have the right, at any time, to designate any person or persons, including a trustee, personal representative or other fiduciary, as Beneficiary (both primary and contingent) to whom payment under the Plan shall be made in the event of the Participant’s death.  The Beneficiary designation last submitted to and acknowledged by the Committee during the Participant’s lifetime in the format prescribed by the Committee shall be effective upon the Participant’s death. 
(d)    Absence of Valid Designation.  If a Participant fails to designate a Beneficiary as provided above as to all or any portion of the Participant’s Accounts, or if every person designated as Beneficiary as to all or any portion of the Participant’s Accounts predeceases the Participant or dies prior to complete distribution of the Participant’s Accounts, then the Committee shall direct the distribution of such benefits to the Participant’s surviving spouse, if any.  If the Participant has no surviving spouse to receive any benefits payable in accordance with the preceding sentence, then the Committee shall direct the distribution of such benefits to the duly appointed and currently acting personal representative of the Participant's estate (which shall include either the Participant's probate estate or the Participant’s living trust).  In any case where there is no such personal representative of the Participant's estate duly appointed and acting in that capacity within ninety (90) days after the Participant's death (or such extended period as the Committee determines is reasonably necessary to allow such personal representative to be appointed, but not to exceed one hundred eighty (180) days after the Participant's death), then the Committee shall direct the distribution of such benefits to the person or persons who can verify by affidavit or court order to the satisfaction of the Committee that they are legally entitled to receive the benefits specified hereunder.
7.2    Payments to Minors.  In the event any amount is payable under the Plan to a minor, payment shall not be made to the minor, but instead be paid (a) to that person’s living parent(s) to act as custodian, (b) if that person’s parents are then divorced, and one parent is the sole custodial 

parent, to such custodial parent, to act as custodian, or (c) if no parent of that person is then living, to a custodian selected by the Committee to hold the funds for the minor under the Uniform Transfers or Gifts to Minors Act in effect in the jurisdiction in which the minor resides.  If no parent is living and the Committee decides not to select another custodian to hold the funds for the minor, then payment shall be made to the duly appointed and currently acting guardian of the estate for the minor or, if no guardian of the estate for the minor is duly appointed and currently acting within sixty (60) days after the date the amount becomes payable, payment shall be deposited with the court having jurisdiction over the estate of the minor.
7.3    Payments on Behalf of Persons Under Incapacity.  In the event that any amount becomes payable under the Plan to a person who, in the sole judgment of the Committee, is considered by reason of physical or mental condition to be unable to give a valid receipt therefore, the Committee may direct that such payment be made to any person found by the Committee, in its sole judgment, to have assumed the care of such person.  Any payment made pursuant to such determination shall constitute a full release and discharge of any and all liability of the Committee and the Company under the Plan.
7.4    Inability to Locate Payee.  In the event that the Committee is unable to locate a Participant or Beneficiary within two (2) years following Payment Date specified for a Participant’s Deferral Account, the amount allocated to the Participant’s Deferral Account shall be forfeited.  If, after such forfeiture, the Participant or Beneficiary later claims such benefit, such benefit shall be reinstated without interest or earnings, in the discretion of the Committee.

ARTICLE VIII
ADMINISTRATION
8.1    Committee. The Plan shall be administered by a Committee appointed by the Board, which shall have the exclusive right and full discretion (a) to appoint agents to act on its behalf, (b) to select and establish Funds, (c) to interpret the Plan, (d) to decide any and all matters arising hereunder (including the right to remedy possible ambiguities, inconsistencies, or admissions), (e) to make, amend and rescind such rules as it deems necessary for the proper administration of the Plan and (f) to make all other determinations and resolve all questions of fact necessary or advisable for the administration of the Plan, including determinations regarding eligibility for benefits payable under the Plan.  All interpretations of the Committee with respect to any matter hereunder shall be final, conclusive and binding on all persons affected thereby, including but not limited to the Company and any Participant or Beneficiary.  The Committee shall interpret and administer terms and provisions of the Plan in a uniform and nondiscriminatory manner and in full accordance with any and all laws applicable to the Plan.  No member of the Committee or agent thereof shall be liable for any determination, decision, or action made in good faith with respect to the Plan.  
8.2    Company Support.  To enable the Committee to perform its functions, the Company shall supply full and timely information to the Committee on all matters relating to the Compensation of all Participants, their death or other cause of termination, and such other pertinent facts as the Committee may require.  The Committee is authorized at the expense of the Company to employ 

such legal counsel as it may deem advisable to assist in the performance of its duties hereunder.  Expenses and fees in connection with the administration of the Plan shall be paid by the Company.
8.3    Committee Action.  The Committee shall act at meetings by affirmative vote of a majority of the members of the Committee. Any action permitted to be taken at a meeting may be taken without a meeting if, prior to such action, a written consent to the action is signed by all members of the Committee and such written consent is filed with the minutes of the proceedings of the Committee. A member of the Committee shall not vote or act upon any matter which relates solely to himself or herself as a Participant. The Chairman or any other member or members of the Committee designated by the Chairman may execute any certificate or other written direction on behalf of the Committee. 
8.4    Indemnification.  To the extent permitted by applicable state law, the Company shall indemnify and save harmless the Committee and each member thereof, the Board of Directors and any delegate of the Committee who is an employee of the Company against any and all expenses, liabilities and claims, including legal fees to defend against such liabilities and claims arising out of their discharge in good faith of responsibilities under or incident to the Plan, other than expenses and liabilities arising out of willful misconduct. This indemnity shall not preclude such further indemnities as may be available under insurance purchased by the Company or provided by the Company under any bylaw, agreement or otherwise, as such indemnities are permitted under state law. 
ARTICLE IX
CLAIMS PROCEDURE
9.1    Claims.  A person who believes that he or she is being denied a benefit to which he or she is entitled under this Plan (hereinafter referred to as "Claimant") may file a written request for such benefit with the Committee, setting forth his or her claim. The request must be addressed to the Committee at the Company's then principal place of business. Within a reasonable period of time, but not later than ninety (90) days after receipt of a claim for benefits, the Committee or its delegate shall notify the Claimant of any adverse benefit determination on the claim, unless special circumstances require an extension of time for processing the claim. In no event may the extension period exceed ninety (90) days from the end of the initial 90-day period. If an extension is necessary, the Committee or its delegate shall provide the Claimant with a written notice to this effect prior to the expiration of the initial 90-day period. The notice shall describe the special circumstances requiring the extension and the date by which the Committee or its delegate expects to render a determination on the claim. 
9.2    Claim Decision.  In the case of an adverse benefit determination, the Committee or its delegate shall provide to the Claimant written or electronic notification setting forth in a manner calculated to be understood by the Claimant: (i) the specific reason or reasons for the adverse benefit determination, (ii) reference to the specific Plan provisions on which the adverse benefit determination is based, (iii) a description of any additional material or information necessary for the Claimant to perfect the claim and an explanation of why the material or information is necessary, and (iv) a description of the Plan's claim review procedures and the time limits applicable to such procedures, including a statement of the Claimant's right to bring a civil action under Section 502(a) of ERISA following an adverse final benefit determination on review. Notwithstanding the 

foregoing, the claim may be deemed by the Claimant to have been denied for purposes of further review described below in the event a decision is not furnished to the claimant within the period provided under Section 9.1.
9.3    Request for Review.  Within sixty (60) days after receipt by the Claimant of notification of the adverse benefit determination, the Claimant or his duly authorized representative, upon written application to the Committee, may request that the Committee fully and fairly review the adverse benefit determination. On review of an adverse benefit determination, upon request and free of charge, the Claimant shall have reasonable access to, and copies of, all documents, records and other information relevant to the Claimant's claim for benefits. The Claimant shall have the opportunity to submit written comments, documents, records, and other information relating to the claim for benefits. The Committee's (or delegate's) review shall take into account all comments, documents, records, and other information submitted regardless of whether the information was previously considered in the initial adverse benefit determination. 
9.4    Review of Decision.  Within a reasonable period of time, but not later than sixty (60) days after receipt of such request for review, the Committee or its delegate shall notify the Claimant of any final benefit determination on the claim, unless special circumstances require an extension of time for processing the claim. In no event may the extension period exceed sixty (60) days from the end of the initial 60-day period. If an extension is necessary, the Committee or its delegate shall provide the Claimant with a written notice to this effect prior to the expiration of the initial 60-day period. The notice shall describe the special circumstances requiring the extension and the date by which the Committee or its delegate expects to render a final determination on the request for review. In the case of an adverse final benefit determination, the Committee or its delegate shall provide to the Claimant written or electronic notification setting forth in a manner calculated to be understood by the Claimant: (i) the specific reason or reasons for the adverse final benefit determination; (ii) reference to the specific Plan provisions on which the adverse final benefit determination is based; (iii) a statement that the Claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records and other information relevant to the Claimant's claim for benefits; and (iv) a statement of the Claimant's right to bring a civil action under Section 502(a) of ERISA following an adverse final benefit determination on review. 
ARTICLE X
MISCELLANEOUS
10.1    Amendment or Termination of Plan.  The Company may, at any time, amend, modify, suspend or terminate the Plan in whole or in part.  The Committee may amend the Plan to (a) ensure the Plan complies with the requirements of Code Section 409A for the deferral of taxation on deferred compensation to the time of distribution and (b) add provisions for changes to the deferral elections and elections as to the time and manner of distributions that comply with such requirements of Code Section 409A. Notwithstanding the foregoing rights of the Company and the Committee to amend the Plan, no amendment, modification, suspension or termination shall reduce any Participant’s Account balances.  If the Company terminates the Plan, no further amounts shall be deferred hereunder, and amounts previously deferred or contributed to the Plan shall be paid in accordance with the provisions of the Plan as scheduled and in effect prior to the Plan termination.  Notwithstanding the forgoing, to the extent permitted under Code Section 409A and applicable 

authorities, upon termination of the Plan the Company, in its sole discretion, may accelerate distributions under such terms and conditions as may be specifically authorized by Code Section 409A and applicable authorities.  In the event that this Plan is terminated in accordance with the provisions of Treasury Regulations Section 1.409A-3(j)(4)(ix), each Participant’s Distributable Amount shall be distributed as soon as practicable during the time period permitted thereunder; provided, however, if the Plan is terminated under circumstances to which such provisions do not apply, distributions to the Participants or their Beneficiaries shall be made on the dates on which the Participants or their Beneficiaries would receive benefits hereunder without regard to the termination of the Plan or as otherwise required or permitted by applicable law.  Notwithstanding the foregoing, if amounts deferred under the Plan have become taxable to Participants as of the date of a Plan termination, distribution of any taxable amounts shall be made as soon as practicable following such Plan termination.
10.2    Unsecured General Creditor. The benefits paid under the Plan shall be paid from the general assets of the Company, and the Participant and any Beneficiary or their heirs or successors shall be no more than unsecured general creditors of the Company with no special or prior right to any assets of the Company for payment of any obligations hereunder. It is the intention of the Company that this Plan be unfunded for purposes of ERISA and the Code and all provisions of the Plan shall be interpreted accordingly.
10.3    Restriction Against Assignment. Except as provided in Section 6.5, the Company shall pay all amounts payable hereunder only to the person or persons designated by the Plan and not to any other person or entity.  No part of a Participant’s Accounts shall be liable for the debts, contracts, or engagements of any Participant, Beneficiary, or their successors in interest, nor shall a Participant’s Accounts be subject to execution by levy, attachment, or garnishment or by any other legal or equitable proceeding, nor shall any such person have any right to alienate, anticipate, sell, transfer, commute, pledge, encumber, or assign any benefits or payments hereunder in any manner whatsoever.  If any Participant, Beneficiary or successor in interest is adjudicated bankrupt or purports to anticipate, alienate, sell, transfer, assign, pledge, encumber or charge any distribution or payment from the Plan, voluntarily or involuntarily, the Committee, in its discretion, may cancel such distribution or payment (or any part thereof) to or for the benefit of such Participant, Beneficiary or successor in interest in such manner as the Committee shall direct.
10.4    Withholding. The Participant shall make appropriate arrangements with the Company for satisfaction of any federal, state or local income tax withholding requirements, Social Security and other employee tax or other requirements applicable to the granting, crediting, vesting or payment of benefits under the Plan. There shall be deducted from each payment made under the Plan or any other Compensation payable to the Participant (or and Beneficiary or Alternate Payee) all taxes which are required to be withheld by the Company in respect to such payment or this Plan.  The Company shall have the right to reduce any payment (or other Compensation) by the amount of cash sufficient to provide the amount of said taxes.  
10.5    Receipt or Release.  Any payment made in good faith to a Participant or the Participant’s Beneficiary or an Alternate Payee shall, to the extent thereof, be in full satisfaction of all claims against the Committee, its members and the Company.  The Committee may require such Participant or Beneficiary, as a condition precedent to such payment, to execute a receipt and release to such effect. 

10.6    Errors in Account Statements, Deferrals or Distributions.  In the event an error is made in an Account statement, such error shall be corrected on the next statement following the date such error is discovered.  In the event of an error in deferral amount, consistent with the requirements of Code Section 409A, the error shall be corrected immediately upon discovery by, in the case of an excess deferral, distribution of the excess amount to the Participant, or, in the case of an under deferral, reduction of other compensation payable to the Participant.  In the event of an error in a distribution, the over or under payment shall be corrected by payment to or collection from the Participant consistent with the requirements of Code Section 409A, immediately upon the discovery of such error. In the event of an overpayment, the Company may, at its discretion, offset other amounts payable to the Participant from the Company (including but not limited to salary, bonuses, expense reimbursements, severance benefits or other employee compensation benefit arrangements, as and to the extent allowed by law and subject to compliance with Code Section 409A) to recoup the amount of such overpayment(s).
10.7    Employment Not Guaranteed.  Nothing contained in the Plan nor any action taken hereunder shall be construed as a contract of employment or as giving any Participant any right to continue the provision of services in any capacity whatsoever to the Company.
10.8    Successors of the Company.  The rights and obligations of the Company under the Plan shall inure to the benefit of, and shall be binding upon, the successors and assigns of the Company.
10.9    Notice.  Any notice or filing required or permitted to be given to the Company or the Participant under this Agreement shall be sufficient if in writing and hand-delivered, or sent by registered or certified mail, in the case of the Company, to the principal office of the Company, directed to the attention of the Committee, and in the case of the Participant, to the last known address of the Participant indicated on the employment records of the Company.  Such notice shall be deemed given as of the date of delivery or, if delivery is made by mail, as of the date shown on the postmark on the receipt for registration or certification.  Notices to the Company may be permitted by electronic communication according to specifications established by the Committee.
10.10    Headings.  Headings and subheadings in this Plan are inserted for convenience of reference only and are not to be considered in the construction of the provisions hereof.
10.11    Gender, Singular and Plural.  All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, or neuter, as the identity of the person or persons may require.  As the context may require, the singular may be read as the plural and the plural as the singular. 
10.12    Governing Law.  The Plan is intended to be an unfunded plan maintained primarily to provide deferred compensation benefits for a select group of “management or highly compensated employees” within the meaning of Sections 201, 301 and 401 of ERISA and therefore to be exempt from Parts 2, 3 and 4 of Title I of ERISA.  The Plan is intended to meet and to be operated in accordance with the requirements of Code Section 409A(a)(2), (3) and (4) and shall be construed and interpreted in a manner consistent with such intent.  The Plan shall be governed by and construed in accordance with the laws of the State of California to the extent such laws are not preempted by federal law.

IN WITNESS WHEREOF, the Committee has approved the amendment and restatement of this Plan as of the Effective Date and has caused the Plan to be executed by its duly authorized representative this 15th day of December, 2015.
THE MACERICH COMPANY
/s/ Thomas J. Leanse    
Thomas J. Leanse
Senior Executive Vice President, Chief Legal         Officer and Secretary

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