Document:

Exhibit

EXHIBIT 10.45

EXECUTION COPY

This FEBRUARY 2017 AMENDMENT (this “Amendment”), dated as of February 17, 2017, is among OCWEN LOAN SERVICING, LLC, a Delaware limited liability company (“Seller”), HLSS HOLDINGS, LLC, a Delaware limited liability company (“Holdings”), and HLSS MSR-EBO ACQUISITION LLC (“Buyer” and together with Holdings, the “Purchasers”).
WITNESSETH:
WHEREAS, Seller, Holdings, and Buyer (as assignee of Home Loan Servicing Solutions, Ltd. (“HLSS”)) are parties to the Master Servicing Rights Purchase Agreement, dated as of October 1, 2012 (as heretofore amended, supplemented and modified from time to time, the “MSR Purchase Agreement”), with respect to the sale by Seller and the purchase by Holdings and Buyer of certain Rights to MSRs, Servicing Rights and other assets;
WHEREAS, Seller, Holdings, and Buyer are parties to certain Sale Supplements to the MSR Purchase Agreement, dated as of February 10, 2012, May 1, 2012, August 1, 2012, September 13, 2012, September 28, 2012, December 26, 2012, March 13, 2013, May 21, 2013, July 1, 2013, and October 25, 2013 (each, as heretofore amended, supplemented and modified from time to time, a “Sale Supplement” and, collectively, the “Sale Supplements”); and
WHEREAS, Seller, Holdings, and Buyer desire to amend the MSR Purchase Agreement and Sale Supplements on the terms and conditions set forth herein.
NOW, THEREFORE, and in consideration of the premises and the mutual covenants herein contained, the parties hereto hereby agree as follows:
Section 1.      Definitions. Capitalized terms used but not defined herein shall have the meaning set forth in the MSR Purchase Agreement or, if not defined therein, in any applicable Sale Supplement. 
Section 2.      Amendments to Sale Supplements.
2.1      Solely to clarify the original intent of the parties, Schedules III and IV to each Sale Supplement are hereby amended by adding the words “and thereafter until all Deferred Servicing Agreements have been transferred in accordance with the terms hereof (except with respect to any Deferred Servicing Agreement that is transferred pursuant to Section 6.12)” after each reference to month 72 on such Schedules.
2.2      Schedule VI to the Sale Supplement, dated as of February 10, 2012, is hereby amended and restated as set forth on Exhibit 1 hereto.
2.3      Schedule VI to the Sale Supplement, dated as of May 1, 2012, is hereby amended and restated as set forth on Exhibit 2 hereto.

2.4      Schedule VI to the Sale Supplement, dated as of August 1, 2012, is hereby amended and restated as set forth on Exhibit 3 hereto.
2.5      Schedule VI to the Sale Supplement, dated as of September 13, 2012, is hereby amended and restated as set forth on Exhibit 4 hereto.
2.6      Schedule VI to the Sale Supplement, dated as of September 28, 2012, is hereby amended and restated as set forth on Exhibit 5 hereto.
2.7      Schedule VI to the Sale Supplement, dated as of December 26, 2012, is hereby amended and restated as set forth on Exhibit 6 hereto.
2.8      Schedule VI to the Sale Supplement, dated as of March 13, 2013, is hereby amended and restated as set forth on Exhibit 7 hereto.
2.9      Schedule VI to the Sale Supplement, dated as of May 21, 2013, is hereby amended and restated as set forth on Exhibit 8 hereto.
2.10      Schedule VI to the Sale Supplement, dated as of July 1, 2013, is hereby amended and restated as set forth on Exhibit 9 hereto.
2.11      Schedule VI to the Sale Supplement, dated as of October 25, 2013, is hereby amended and restated as set forth on Exhibit 10 hereto.
Section 3.      Subservicing Agreement.  All applicable amendments to each Sale Supplement made under this Amendment shall be correspondingly made to Schedules II and III of each applicable Subservicing Supplement (as defined in the MSR Purchase Agreement) prior to the Servicing Transfer Date (as defined in each Sale Supplement).
Section 4.      Limited Effect.  
4.1      Upon the effectiveness of this Amendment, each reference in the MSR Purchase Agreement and each Sale Supplement to “this Agreement”, “Sale Supplement”, “hereunder”, “hereof”, “herein”, or words of like import shall mean and be a reference to the MSR Purchase Agreement and such Sale Supplement as amended hereby, and each reference to the MSR Purchase Agreement or any Sale Supplement in any other document, instrument or agreement, executed and/or delivered in connection with any transaction contemplated in the MSR Purchase Agreement or any Sale Supplement shall mean and be a reference to the MSR Purchase Agreement or such Sale Supplement as amended hereby.
4.2      Except as expressly amended and modified by this Amendment, the MSR Purchase Agreement and the Sale Supplements shall continue to be, and shall remain, in full force and effect in accordance with their terms.
4.3      Except as expressly set forth above, the execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, claim, cause of action, power or remedy of any party hereto, whether arising before or after the date of this Amendment, or constitute a waiver of any provision of any other agreement.
4.4      For the avoidance of doubt, nothing in this Amendment shall constitute an advancement or extension or change of (i) the Servicing Fee Reset Date, or (ii) the April 6, 2017 standstill date set forth in Section 1.9 of Amendment 

2

No. 2 to Master Servicing Rights Purchase Agreement and Sale Supplements, dated as of April 6, 2015, among Seller, Holdings, Buyer and Home Loan Servicing Solutions, Ltd.
Section 5.      Counterparts. This Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which counterparts, taken together, shall constitute but one and the same instrument.  Any signature page to this Amendment containing a manual signature may be delivered by facsimile transmission or other electronic communication device capable of transmitting or creating a printable written record, and when so delivered shall have the effect of delivery of an original manually signed signature page.
Section 6.      GOVERNING LAW.  THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS (OTHER THAN SECTION 5-1401 AND SECTION 5-1402 OF THE GENERAL OBLIGATIONS LAW) AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER AND THEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.
Section 7.      Effectiveness. The effectiveness of this Amendment is subject to delivery of executed signature pages by all parties hereto.
Section 8.      Headings. The descriptive headings of the various sections of this Amendment are inserted for convenience of reference only and shall not be deemed to affect the meaning or construction of any of the provisions thereof.
Section 9.      Severability.  The failure or unenforceability of any provision hereof shall not affect the other provisions of this Amendment. Whenever possible each provision of this Amendment shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Amendment shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Amendment.

3

Section 10.      Interpretation.  Whenever the context and construction so require, all words used in the singular number herein shall be deemed to have been used in the plural, and vice versa, and the masculine gender shall include the feminine and neuter and the neuter shall include the masculine and feminine.
Section 11.      Exhibits and Schedules. The exhibits and schedules to this Amendment are hereby incorporated and made a part hereof and are an integral part of this Amendment.
Section 12.      Entire Agreement.  This Amendment, the MSR Purchase Agreement, and the Sale Supplements set forth the entire agreement and understanding of the parties hereto with respect to the transactions contemplated hereby and thereby and supersede any and all prior agreements, arrangements and understandings, both written and oral, between the parties relating to the subject matter hereof and thereof.
Section 13.      Submission to Jurisdiction. EACH OF THE PARTIES HERETO IRREVOCABLY (I) SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN THE BOROUGH OF MANHATTAN IN THE CITY OF NEW YORK AND THE FEDERAL COURTS OF THE UNITED STATES OF AMERICA FOR THE SOUTHERN DISTRICT OF NEW YORK FOR THE PURPOSE OF ANY ACTION OR PROCEEDING RELATING TO THIS AMENDMENT OR ANY MATTERS CONTEMPLATED HEREBY; (II) WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE TO THE VENUE OF ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT OR THE DEFENSE OF AN INCONVENIENT FORUM IN ANY ACTION OR PROCEEDING IN ANY SUCH COURT; (III) CONSENTS TO SERVICE OF PROCESS UPON IT BY MAILING A COPY THEREOF BY CERTIFIED MAIL ADDRESSED TO IT AS PROVIDED FOR NOTICES HEREUNDER OR BY ANY OTHER MANNER IN ACCORDANCE WITH LAW; AND (IV) AGREES THAT A FINAL JUDGMENT IN ANY ACTION OR PROCEEDING IN ANY SUCH COURT SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN ANY OTHER JURISDICTION BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW.
Section 14.      Waiver of Jury Trial. EACH PARTY HERETO IRREVOCABLY AND ABSOLUTELY WAIVES TO THE FULLEST EXTENT PERMITTED BY LAW THE RIGHT TO A TRIAL BY JURY IN ANY DISPUTE IN CONNECTION WITH, ARISING UNDER OR RELATING TO THIS AMENDMENT OR ANY MATTERS CONTEMPLATED HEREBY, AND AGREES TO TAKE ANY AND ALL ACTION NECESSARY OR APPROPRIATE TO EFFECT SUCH WAIVER.
Section 15.      No Strict Construction. The parties agree that the language used in this Amendment, the MSR Purchase Agreement, and the Sale Supplements is the language chosen by the parties to express their mutual intent and that no rule of strict construction is to be applied against either party. The parties and their respective counsel have reviewed and negotiated the terms of this Amendment, the MSR Purchase Agreement, and the Sale Supplements.
Section 16.      Assignment; No Third−Party Beneficiaries. This Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. This Amendment may 

4

not be assigned or otherwise transferred by operation of law or otherwise without the express written consent of Seller and Purchasers and any such assignment or attempted assignment without such consent shall be void; provided that each Purchaser may pledge its rights to any Person providing financing to such Purchaser or its Affiliates.  Purchaser shall give Seller prior written notice written notice of any such pledge. This Amendment is solely for the benefit of the parties hereto, and no provision of this Amendment shall be deemed to confer upon any other Person any remedy, claim, liability, reimbursement, cause of action or other right.
[SIGNATURE PAGES FOLLOW]

5

IN WITNESS WHEREOF, each party hereto has caused this Amendment to be executed and delivered by its respective signatory thereunto duly authorized as of the date above written.

OCWEN LOAN SERVICING, LLC

By:  /s/ Michael DelGiacco    
Name: Michael DelGiacco
Title: VP, Treasurer

FEBRUARY 2017 AMENDMENT

HLSS HOLDINGS, LLC

By: /s/ Nicola Santoro, Jr.    
Name: Nicola Santoro, Jr.
Title: Chief Financial Officer

FEBRUARY 2017 AMENDMENT

HLSS MSR-EBO ACQUISITION LLC

By:     New Residential Investment Corp., its sole
member 

By: /s/ Nicola Santoro, Jr.    
Name: Nicola Santoro, Jr.
Title: Chief Financial Officer

FEBRUARY 2017 AMENDMENT

Exhibit 1 – Restated Schedule VI to Sale Supplement No. 1
SCHEDULE VI
AMORTIZATION PERCENTAGE
	
		
	Month1
	Amortization Percentage

	1
	100.0%

	2
	98.5%

	3
	97.0%

	4
	95.6%

	5
	94.2%

	6
	92.8%

	7
	91.4%

	8
	90.0%

	9
	88.7%

	10
	87.4%

	11
	86.0%

	12
	84.8%

	13
	83.5%

	14
	82.3%

	15
	81.0%

	16
	79.8%

	17
	78.6%

	18
	77.5%

	19
	76.3%

	20
	75.2%

	21
	74.0%

	22
	72.9%

	23
	71.8%

	24
	70.7%

	25
	69.5%

	26
	68.4%

	27
	67.3%

	28
	66.1%

	29
	65.1%

	30
	64.0%

	31
	62.9%

	32
	61.9%

	33
	60.9%

	34
	59.9%

	1  Starting with March, 2012 (provided that the percentage for the first month will also apply to any partial period in February, 2012).

1

	
		
	Month1
	Amortization Percentage

	35
	58.9%

	36
	58.0%

	37
	57.0%

	38
	56.1%

	39
	55.1%

	40
	54.2%

	41
	53.4%

	42
	52.5%

	43
	51.6%

	44
	50.8%

	45
	49.9%

	46
	49.1%

	47
	48.3%

	48
	47.5%

	49
	46.7%

	50
	46.0%

	51
	45.2%

	52
	44.5%

	53
	43.7%

	54
	43.0%

	55
	42.3%

	56
	41.6%

	57
	40.9%

	58
	40.3%

	59
	39.6%

	60
	39.0%

	61
	38.3%

	62
	37.7%

	63
	37.1%

	64
	36.5%

	65
	35.9%

	66
	35.3%

	67
	34.7%

	68
	34.1%

	69
	33.6%

	70
	33.0%

	71
	32.5%

	72
	32.0%

	73
	31.5%

	74
	31.0%

	75
	30.5%

	76
	30.0%

2

	
		
	Month1
	Amortization Percentage

	77
	29.5%

	78
	29.0%

	79
	28.5%

	80
	28.0%

	81
	27.5%

	82
	27.0%

	83
	26.5%

	84
	26.0%

	85
	25.5%

	86
	25.0%

	87
	24.5%

	88
	24.0%

	89
	23.5%

	90
	23.0%

	91
	22.5%

	92
	22.0%

	93
	21.5%

	94
	21.0%

	95
	20.5%

	96
	20.0%

	97
	19.5%

	98
	19.0%

	99
	18.5%

	100
	18.0%

	101
	17.5%

	102
	17.0%

	103
	16.5%

	104
	16.0%

	105
	15.5%

	106
	15.0%

	107
	14.5%

	108
	14.0%

	109
	13.5%

	110
	13.0%

	111
	12.5%

	112
	12.0%

	113
	11.5%

	114
	11.0%

	115
	10.5%

	116
	10.0%

	117
	9.5%

	118
	9.0%

3

	
		
	Month1
	Amortization Percentage

	119
	8.5%

	120
	8.0%

	121
	7.5%

	122
	7.0%

	123
	6.5%

	124
	6.0%

	125
	5.5%

	126
	5.0%

	127
	4.5%

	128
	4.0%

	129
	3.5%

	130
	3.0%

	131
	2.5%

	132
	2.0%

	133
	1.5%

	134
	1.0%

	135
	0.5%

	136 and thereafter
	0.0%

4

Exhibit 2 – Restated Schedule VI to Sale Supplement No. 2
SCHEDULE VI
AMORTIZATION PERCENTAGE
	
		
	Month1
	Amortization Percentage

	1
	100.00%

	2
	98.50%

	3
	97.00%

	4
	95.60%

	5
	94.20%

	6
	92.80%

	7
	91.40%

	8
	90.00%

	9
	88.70%

	10
	87.40%

	11
	86.00%

	12
	84.80%

	13
	83.50%

	14
	82.30%

	15
	81.00%

	16
	79.80%

	17
	78.60%

	18
	77.50%

	19
	76.30%

	20
	75.20%

	21
	74.00%

	22
	72.90%

	23
	71.80%

	24
	70.80%

	25
	69.70%

	26
	68.70%

	27
	67.70%

	28
	66.60%

	29
	65.70%

	30
	64.70%

	31
	63.70%

	32
	62.80%

	33
	61.80%

	34
	60.90%

	1  Starting with May, 2012.

1

	
		
	Month1
	Amortization Percentage

	35
	60.00%

	36
	59.10%

	37
	58.20%

	38
	57.30%

	39
	56.50%

	40
	55.70%

	41
	54.80%

	42
	54.00%

	43
	53.20%

	44
	52.40%

	45
	51.60%

	46
	50.90%

	47
	50.10%

	48
	49.30%

	49
	48.60%

	50
	47.90%

	51
	47.20%

	52
	46.50%

	53
	45.80%

	54
	45.10%

	55
	44.40%

	56
	43.80%

	57
	43.10%

	58
	42.50%

	59
	41.80%

	60
	41.20%

	61
	40.60%

	62
	40.00%

	63
	39.40%

	64
	38.80%

	65
	38.20%

	66
	37.70%

	67
	37.10%

	68
	36.50%

	69
	36.00%

	70
	35.50%

	71
	34.90%

	72
	34.40%

	73
	33.90%

	74
	33.40%

	75
	32.90%

	76
	32.40%

2

	
		
	Month1
	Amortization Percentage

	77
	31.90%

	78
	31.40%

	79
	30.90%

	80
	30.40%

	81
	29.90%

	82
	29.40%

	83
	28.90%

	84
	28.40%

	85
	27.90%

	86
	27.40%

	87
	26.90%

	88
	26.40%

	89
	25.90%

	90
	25.40%

	91
	24.90%

	92
	24.40%

	93
	23.90%

	94
	23.40%

	95
	22.90%

	96
	22.40%

	97
	21.90%

	98
	21.40%

	99
	20.90%

	100
	20.40%

	101
	19.90%

	102
	19.40%

	103
	18.90%

	104
	18.40%

	105
	17.90%

	106
	17.40%

	107
	16.90%

	108
	16.40%

	109
	15.90%

	110
	15.40%

	111
	14.90%

	112
	14.40%

	113
	13.90%

	114
	13.40%

	115
	12.90%

	116
	12.40%

	117
	11.90%

	118
	11.40%

3

	
		
	Month1
	Amortization Percentage

	119
	10.90%

	120
	10.40%

	121
	9.90%

	122
	9.40%

	123
	8.90%

	124
	8.40%

	125
	7.90%

	126
	7.40%

	127
	6.90%

	128
	6.40%

	129
	5.90%

	130
	5.40%

	131
	4.90%

	132
	4.40%

	133
	3.90%

	134
	3.40%

	135
	2.90%

	136
	2.40%

	137
	1.90%

	138
	1.40%

	139
	0.90%

	140
	0.40%

	141 and thereafter
	0.00%

4

Exhibit 3 – Restated Schedule VI to Sale Supplement No. 3
SCHEDULE VI
AMORTIZATION PERCENTAGE
	
		
	Month1
	Amortization Percentage

	1
	100.00%

	2
	98.50%

	3
	97.00%

	4
	95.50%

	5
	94.10%

	6
	92.60%

	7
	91.20%

	8
	89.90%

	9
	88.50%

	10
	87.20%

	11
	85.80%

	12
	84.50%

	13
	83.30%

	14
	82.00%

	15
	80.70%

	16
	79.50%

	17
	78.30%

	18
	77.10%

	19
	76.00%

	20
	74.80%

	21
	73.70%

	22
	72.60%

	23
	71.50%

	24
	70.40%

	25
	69.30%

	26
	68.30%

	27
	67.20%

	28
	66.20%

	29
	65.20%

	30
	64.20%

	31
	63.20%

	32
	62.30%

	33
	61.30%

	34
	60.40%

	1  Starting with August, 2012.

	
		
	Month1
	Amortization Percentage

	35
	59.50%

	36
	58.60%

	37
	57.70%

	38
	56.80%

	39
	56.00%

	40
	55.10%

	41
	54.30%

	42
	53.50%

	43
	52.60%

	44
	51.80%

	45
	51.10%

	46
	50.30%

	47
	49.50%

	48
	48.80%

	49
	48.00%

	50
	47.30%

	51
	46.60%

	52
	45.90%

	53
	45.20%

	54
	44.50%

	55
	43.80%

	56
	43.20%

	57
	42.50%

	58
	41.90%

	59
	41.20%

	60
	40.60%

	61
	40.00%

	62
	39.40%

	63
	38.80%

	64
	38.20%

	65
	37.60%

	66
	37.00%

	67
	36.50%

	68
	35.90%

	69
	35.40%

	70
	34.90%

	71
	34.30%

	72
	33.80%

	73
	33.30%

	74
	32.80%

	75
	32.30%

	76
	31.80%

2

	
		
	Month1
	Amortization Percentage

	77
	31.30%

	78
	30.80%

	79
	30.30%

	80
	29.80%

	81
	29.30%

	82
	28.80%

	83
	28.30%

	84
	27.80%

	85
	27.30%

	86
	26.80%

	87
	26.30%

	88
	25.80%

	89
	25.30%

	90
	24.80%

	91
	24.30%

	92
	23.80%

	93
	23.30%

	94
	22.80%

	95
	22.30%

	96
	21.80%

	97
	21.30%

	98
	20.80%

	99
	20.30%

	100
	19.80%

	101
	19.30%

	102
	18.80%

	103
	18.30%

	104
	17.80%

	105
	17.30%

	106
	16.80%

	107
	16.30%

	108
	15.80%

	109
	15.30%

	110
	14.80%

	111
	14.30%

	112
	13.80%

	113
	13.30%

	114
	12.80%

	115
	12.30%

	116
	11.80%

	117
	11.30%

	118
	10.80%

3

	
		
	Month1
	Amortization Percentage

	119
	10.30%

	120
	9.80%

	121
	9.30%

	122
	8.80%

	123
	8.30%

	124
	7.80%

	125
	7.30%

	126
	6.80%

	127
	6.30%

	128
	5.80%

	129
	5.30%

	130
	4.80%

	131
	4.30%

	132
	3.80%

	133
	3.30%

	134
	2.80%

	135
	2.30%

	136
	1.80%

	137
	1.30%

	138
	0.80%

	139
	0.30%

	140 and thereafter
	0.00%

4

Exhibit 4 – Restated Schedule VI to Sale Supplement No. 4
SCHEDULE VI
AMORTIZATION PERCENTAGE
	
		
	Month1
	Amortization Percentage

	1
	100.00 %

	2
	98.60 %

	3
	97.20 %

	4
	95.90 %

	5
	94.50 %

	6
	93.20 %

	7
	91.90 %

	8
	90.60 %

	9
	89.40 %

	10
	88.10 %

	11
	86.90 %

	12
	85.70 %

	13
	84.50 %

	14
	83.30 %

	15
	82.20 %

	16
	81.00 %

	17
	79.90 %

	18
	78.80 %

	19
	77.70 %

	20
	76.60 %

	21
	75.50 %

	22
	74.50 %

	23
	73.40 %

	24
	72.40 %

	25
	71.40 %

	26
	70.40 %

	27
	69.40 %

	28
	68.50 %

	29
	67.50 %

	30
	66.60 %

	31
	65.60 %

	32
	64.70 %

	33
	63.80 %

	34
	62.90 %

	1  Starting with September, 2012.

1

	
		
	Month1
	Amortization Percentage

	35
	62.10 %

	36
	61.20 %

	37
	60.30 %

	38
	59.50 %

	39
	58.70 %

	40
	57.80 %

	41
	57.00 %

	42
	56.20 %

	43
	55.50 %

	44
	54.70 %

	45
	53.90 %

	46
	53.20 %

	47
	52.40 %

	48
	51.70 %

	49
	51.00 %

	50
	50.30 %

	51
	49.60 %

	52
	48.90 %

	53
	48.20 %

	54
	47.50 %

	55
	46.90 %

	56
	46.20 %

	57
	45.60 %

	58
	44.90 %

	59
	44.30 %

	60
	43.70 %

	61
	43.10 %

	62
	42.50 %

	63
	41.90 %

	64
	41.30 %

	65
	40.70 %

	66
	40.20 %

	67
	39.60 %

	68
	39.00 %

	69
	38.50 %

	70
	38.00 %

	71
	37.40 %

	72
	36.90 %

	73
	36.40%

	74
	35.90%

	75
	35.40%

	76
	34.90%

2

	
		
	Month1
	Amortization Percentage

	77
	34.40%

	78
	33.90%

	79
	33.40%

	80
	32.90%

	81
	32.40%

	82
	31.90%

	83
	31.40%

	84
	30.90%

	85
	30.40%

	86
	29.90%

	87
	29.40%

	88
	28.90%

	89
	28.40%

	90
	27.90%

	91
	27.40%

	92
	26.90%

	93
	26.40%

	94
	25.90%

	95
	25.40%

	96
	24.90%

	97
	24.40%

	98
	23.90%

	99
	23.40%

	100
	22.90%

	101
	22.40%

	102
	21.90%

	103
	21.40%

	104
	20.90%

	105
	20.40%

	106
	19.90%

	107
	19.40%

	108
	18.90%

	109
	18.40%

	110
	17.90%

	111
	17.40%

	112
	16.90%

	113
	16.40%

	114
	15.90%

	115
	15.40%

	116
	14.90%

	117
	14.40%

	118
	13.90%

3

	
		
	Month1
	Amortization Percentage

	119
	13.40%

	120
	12.90%

	121
	12.40%

	122
	11.90%

	123
	11.40%

	124
	10.90%

	125
	10.40%

	126
	9.90%

	127
	9.40%

	128
	8.90%

	129
	8.40%

	130
	7.90%

	131
	7.40%

	132
	6.90%

	133
	6.40%

	134
	5.90%

	135
	5.40%

	136
	4.90%

	137
	4.40%

	138
	3.90%

	139
	3.40%

	140
	2.90%

	141
	2.40%

	142
	1.90%

	143
	1.40%

	144
	0.90%

	145
	0.40%

	146 and thereafter
	0.00%

4

Exhibit 5 – Restated Schedule VI to Sale Supplement No. 5
SCHEDULE VI
AMORTIZATION PERCENTAGE
	
		
	Month1
	Amortization Percentage

	1
	100.00%

	2
	98.60%

	3
	97.20%

	4
	95.90%

	5
	94.50%

	6
	93.20%

	7
	91.90%

	8
	90.60%

	9
	89.40%

	10
	88.10%

	11
	86.90%

	12
	85.70%

	13
	84.50%

	14
	83.30%

	15
	82.20%

	16
	81.00%

	17
	79.90%

	18
	78.80%

	19
	77.70%

	20
	76.60%

	21
	75.50%

	22
	74.50%

	23
	73.40%

	24
	72.40%

	25
	71.40%

	26
	70.40%

	27
	69.40%

	28
	68.50%

	29
	67.50%

	30
	66.60%

	31
	65.60%

	32
	64.70%

	33
	63.80%

	34
	62.90%

	1  Starting with October, 2012.

1

	
		
	Month1
	Amortization Percentage

	35
	62.10%

	36
	61.20%

	37
	60.30%

	38
	59.50%

	39
	58.70%

	40
	57.80%

	41
	57.00%

	42
	56.20%

	43
	55.50%

	44
	54.70%

	45
	53.90%

	46
	53.20%

	47
	52.40%

	48
	51.70%

	49
	51.00%

	50
	50.30%

	51
	49.60%

	52
	48.90%

	53
	48.20%

	54
	47.50%

	55
	46.90%

	56
	46.20%

	57
	45.60%

	58
	44.90%

	59
	44.30%

	60
	43.70%

	61
	43.10%

	62
	42.50%

	63
	41.90%

	64
	41.30%

	65
	40.70%

	66
	40.20%

	67
	39.60%

	68
	39.00%

	69
	38.50%

	70
	38.00%

	71
	37.40%

	72
	36.90%

	73
	36.40%

	74
	35.90%

	75
	35.40%

	76
	34.90%

2

	
		
	Month1
	Amortization Percentage

	77
	34.40%

	78
	33.90%

	79
	33.40%

	80
	32.90%

	81
	32.40%

	82
	31.90%

	83
	31.40%

	84
	30.90%

	85
	30.40%

	86
	29.90%

	87
	29.40%

	88
	28.90%

	89
	28.40%

	90
	27.90%

	91
	27.40%

	92
	26.90%

	93
	26.40%

	94
	25.90%

	95
	25.40%

	96
	24.90%

	97
	24.40%

	98
	23.90%

	99
	23.40%

	100
	22.90%

	101
	22.40%

	102
	21.90%

	103
	21.40%

	104
	20.90%

	105
	20.40%

	106
	19.90%

	107
	19.40%

	108
	18.90%

	109
	18.40%

	110
	17.90%

	111
	17.40%

	112
	16.90%

	113
	16.40%

	114
	15.90%

	115
	15.40%

	116
	14.90%

	117
	14.40%

	118
	13.90%

3

	
		
	Month1
	Amortization Percentage

	119
	13.40%

	120
	12.90%

	121
	12.40%

	122
	11.90%

	123
	11.40%

	124
	10.90%

	125
	10.40%

	126
	9.90%

	127
	9.40%

	128
	8.90%

	129
	8.40%

	130
	7.90%

	131
	7.40%

	132
	6.90%

	133
	6.40%

	134
	5.90%

	135
	5.40%

	136
	4.90%

	137
	4.40%

	138
	3.90%

	139
	3.40%

	140
	2.90%

	141
	2.40%

	142
	1.90%

	143
	1.40%

	144
	0.90%

	145
	0.40%

	146 and thereafter
	0.00%

4

Exhibit 6 – Restated Schedule VI to Sale Supplement No. 6
SCHEDULE VI
AMORTIZATION PERCENTAGE
	
		
	Month1
	Amortization Percentage

	1
	100.00%

	2
	98.70%

	3
	97.30%

	4
	96.00%

	5
	94.70%

	6
	93.50%

	7
	92.20%

	8
	91.00%

	9
	89.70%

	10
	88.50%

	11
	87.30%

	12
	86.20%

	13
	85.00%

	14
	83.90%

	15
	82.70%

	16
	81.60%

	17
	80.50%

	18
	79.40%

	19
	78.40%

	20
	77.30%

	21
	76.30%

	22
	75.20%

	23
	74.20%

	24
	73.20%

	25
	72.20%

	26
	71.30%

	27
	70.30%

	28
	69.40%

	29
	68.40%

	30
	67.50%

	31
	66.60%

	32
	65.70%

	33
	64.80%

	34
	64.00%

	1  Starting with January 2013.

	
		
	Month1
	Amortization Percentage

	35
	63.10%

	36
	62.20%

	37
	61.40%

	38
	60.60%

	39
	59.80%

	40
	59.00%

	41
	58.20%

	42
	57.40%

	43
	56.60%

	44
	55.90%

	45
	55.10%

	46
	54.40%

	47
	53.60%

	48
	52.90%

	49
	52.20%

	50
	51.50%

	51
	50.80%

	52
	50.10%

	53
	49.40%

	54
	48.80%

	55
	48.10%

	56
	47.50%

	57
	46.80%

	58
	46.20%

	59
	45.60%

	60
	45.00%

	61
	44.40%

	62
	43.80%

	63
	43.20%

	64
	42.60%

	65
	42.00%

	66
	41.50%

	67
	40.90%

	68
	40.40%

	69
	39.80%

	70
	39.30%

	71
	38.80%

	72
	38.20%

	73
	37.60%

	74
	37.00%

	75
	36.40%

	76
	35.80%

2

	
		
	Month1
	Amortization Percentage

	77
	35.20%

	78
	34.60%

	79
	34.00%

	80
	33.40%

	81
	32.80%

	82
	32.20%

	83
	31.60%

	84
	31.00%

	85
	30.40%

	86
	29.80%

	87
	29.20%

	88
	28.60%

	89
	28.00%

	90
	27.40%

	91
	26.80%

	92
	26.20%

	93
	25.60%

	94
	25.00%

	95
	24.40%

	96
	23.80%

	97
	23.20%

	98
	22.60%

	99
	22.00%

	100
	21.40%

	101
	20.80%

	102
	20.20%

	103
	19.60%

	104
	19.00%

	105
	18.40%

	106
	17.80%

	107
	17.20%

	108
	16.60%

	109
	16.00%

	110
	15.40%

	111
	14.80%

	112
	14.20%

	113
	13.60%

	114
	13.00%

	115
	12.40%

	116
	11.80%

	117
	11.20%

	118
	10.60%

3

	
		
	Month1
	Amortization Percentage

	119
	10.00%

	120
	9.40%

	121
	8.80%

	122
	8.20%

	123
	7.60%

	124
	7.00%

	125
	6.40%

	126
	5.80%

	127
	5.20%

	128
	4.60%

	129
	4.00%

	130
	3.40%

	131
	2.80%

	132
	2.20%

	133
	1.60%

	134
	1.00%

	135
	0.40%

	136 and thereafter
	0.00%

4

Exhibit 7 – Restated Schedule VI to Sale Supplement No. 7
SCHEDULE VI
AMORTIZATION PERCENTAGE
	
		
	Month1
	Percentage

	1
	100.00%

	2
	98.80%

	3
	97.60%

	4
	96.40%

	5
	95.30%

	6
	94.10%

	7
	93.00%

	8
	91.90%

	9
	90.80%

	10
	89.70%

	11
	88.60%

	12
	87.60%

	13
	86.50%

	14
	85.50%

	15
	84.40%

	16
	83.40%

	17
	82.40%

	18
	81.40%

	19
	80.40%

	20
	79.50%

	21
	78.50%

	22
	77.60%

	23
	76.70%

	24
	75.70%

	25
	74.80%

	26
	73.90%

	27
	73.00%

	28
	72.20%

	29
	71.30%

	30
	70.40%

	31
	69.60%

	32
	68.80%

	33
	67.90%

	34
	67.10%

	1  Starting with March 2013.

	
		
	Month1
	Percentage

	35
	66.30%

	36
	65.50%

	37
	64.70%

	38
	63.90%

	39
	63.20%

	40
	62.40%

	41
	61.70%

	42
	60.90%

	43
	60.20%

	44
	59.50%

	45
	58.80%

	46
	58.10%

	47
	57.40%

	48
	56.70%

	49
	56.00%

	50
	55.30%

	51
	54.60%

	52
	54.00%

	53
	53.30%

	54
	52.70%

	55
	52.10%

	56
	51.40%

	57
	50.80%

	58
	50.20%

	59
	49.60%

	60
	49.00%

	61
	48.40%

	62
	47.80%

	63
	47.30%

	64
	46.70%

	65
	46.10%

	66
	45.60%

	67
	45.00%

	68
	44.50%

	69
	44.00%

	70
	43.40%

	71
	42.90%

	72
	42.40%

	73
	41.90%

	74
	41.40%

	75
	40.90%

	76
	40.40%

2

	
		
	Month1
	Percentage

	77
	39.90%

	78
	39.40%

	79
	38.90%

	80
	38.40%

	81
	37.90%

	82
	37.40%

	83
	36.90%

	84
	36.40%

	85
	35.90%

	86
	35.40%

	87
	34.90%

	88
	34.40%

	89
	33.90%

	90
	33.40%

	91
	32.90%

	92
	32.40%

	93
	31.90%

	94
	31.40%

	95
	30.90%

	96
	30.40%

	97
	29.90%

	98
	29.40%

	99
	28.90%

	100
	28.40%

	101
	27.90%

	102
	27.40%

	103
	26.90%

	104
	26.40%

	105
	25.90%

	106
	25.40%

	107
	24.90%

	108
	24.40%

	109
	23.90%

	110
	23.40%

	111
	22.90%

	112
	22.40%

	113
	21.90%

	114
	21.40%

	115
	20.90%

	116
	20.40%

	117
	19.90%

	118
	19.40%

3

	
		
	Month1
	Percentage

	119
	18.90%

	120
	18.40%

	121
	17.90%

	122
	17.40%

	123
	16.90%

	124
	16.40%

	125
	15.90%

	126
	15.40%

	127
	14.90%

	128
	14.40%

	129
	13.90%

	130
	13.40%

	131
	12.90%

	132
	12.40%

	133
	11.90%

	134
	11.40%

	135
	10.90%

	136
	10.40%

	137
	9.90%

	138
	9.40%

	139
	8.90%

	140
	8.40%

	141
	7.90%

	142
	7.40%

	143
	6.90%

	144
	6.40%

	145
	5.90%

	146
	5.40%

	147
	4.90%

	148
	4.40%

	149
	3.90%

	150
	3.40%

	151
	2.90%

	152
	2.40%

	153
	1.90%

	154
	1.40%

	155
	0.90%

	156
	0.40%

	157 and thereafter
	0.00%

4

Exhibit 8 – Restated Schedule VI to Sale Supplement No. 8
SCHEDULE VI
AMORTIZATION PERCENTAGE
	
		
	Month1
	Percentage

	1
	100.00%

	2
	98.80%

	3
	97.60%

	4
	96.40%

	5
	95.30%

	6
	94.10%

	7
	93.00%

	8
	91.90%

	9
	90.80%

	10
	89.70%

	11
	88.60%

	12
	87.60%

	13
	86.50%

	14
	85.50%

	15
	84.40%

	16
	83.40%

	17
	82.40%

	18
	81.40%

	19
	80.40%

	20
	79.50%

	21
	78.50%

	22
	77.60%

	23
	76.70%

	24
	75.70%

	25
	74.80%

	26
	73.90%

	27
	73.00%

	28
	72.20%

	29
	71.30%

	30
	70.40%

	31
	69.60%

	32
	68.80%

	33
	67.90%

	34
	67.10%

	1  Starting with May 2013.

	
		
	Month1
	Percentage

	35
	66.30%

	36
	65.50%

	37
	64.70%

	38
	63.90%

	39
	63.20%

	40
	62.40%

	41
	61.70%

	42
	60.90%

	43
	60.20%

	44
	59.50%

	45
	58.80%

	46
	58.10%

	47
	57.40%

	48
	56.70%

	49
	56.00%

	50
	55.30%

	51
	54.60%

	52
	54.00%

	53
	53.30%

	54
	52.70%

	55
	52.10%

	56
	51.40%

	57
	50.80%

	58
	50.20%

	59
	49.60%

	60
	49.00%

	61
	48.40%

	62
	47.80%

	63
	47.30%

	64
	46.70%

	65
	46.10%

	66
	45.60%

	67
	45.00%

	68
	44.50%

	69
	44.00%

	70
	43.40%

	71
	42.90%

	72
	42.40%

	73
	41.90%

	74
	41.40%

	75
	40.90%

	76
	40.40%

2

	
		
	Month1
	Percentage

	77
	39.90%

	78
	39.40%

	79
	38.90%

	80
	38.40%

	81
	37.90%

	82
	37.40%

	83
	36.90%

	84
	36.40%

	85
	35.90%

	86
	35.40%

	87
	34.90%

	88
	34.40%

	89
	33.90%

	90
	33.40%

	91
	32.90%

	92
	32.40%

	93
	31.90%

	94
	31.40%

	95
	30.90%

	96
	30.40%

	97
	29.90%

	98
	29.40%

	99
	28.90%

	100
	28.40%

	101
	27.90%

	102
	27.40%

	103
	26.90%

	104
	26.40%

	105
	25.90%

	106
	25.40%

	107
	24.90%

	108
	24.40%

	109
	23.90%

	110
	23.40%

	111
	22.90%

	112
	22.40%

	113
	21.90%

	114
	21.40%

	115
	20.90%

	116
	20.40%

	117
	19.90%

	118
	19.40%

3

	
		
	Month1
	Percentage

	119
	18.90%

	120
	18.40%

	121
	17.90%

	122
	17.40%

	123
	16.90%

	124
	16.40%

	125
	15.90%

	126
	15.40%

	127
	14.90%

	128
	14.40%

	129
	13.90%

	130
	13.40%

	131
	12.90%

	132
	12.40%

	133
	11.90%

	134
	11.40%

	135
	10.90%

	136
	10.40%

	137
	9.90%

	138
	9.40%

	139
	8.90%

	140
	8.40%

	141
	7.90%

	142
	7.40%

	143
	6.90%

	144
	6.40%

	145
	5.90%

	146
	5.40%

	147
	4.90%

	148
	4.40%

	149
	3.90%

	150
	3.40%

	151
	2.90%

	152
	2.40%

	153
	1.90%

	154
	1.40%

	155
	0.90%

	156
	0.40%

	157 and thereafter
	0.00%

4

Exhibit 9 – Restated Schedule VI to Sale Supplement No. 9
SCHEDULE VI
AMORTIZATION PERCENTAGE
	
		
	Month1
	Percentage

	1
	100.00%

	2
	98.80%

	3
	97.60%

	4
	96.40%

	5
	95.30%

	6
	94.10%

	7
	93.00%

	8
	91.90%

	9
	90.80%

	10
	89.70%

	11
	88.60%

	12
	87.60%

	13
	86.50%

	14
	85.50%

	15
	84.50%

	16
	83.50%

	17
	82.50%

	18
	81.60%

	19
	80.60%

	20
	79.70%

	21
	78.70%

	22
	77.80%

	23
	76.90%

	24
	76.00%

	25
	75.10%

	26
	74.30%

	27
	73.40%

	28
	72.60%

	29
	71.70%

	30
	70.90%

	31
	70.10%

	32
	69.30%

	33
	68.50%

	34
	67.70%

	1  Starting with July 2013.

	
		
	Month1
	Percentage

	35
	67.00%

	36
	66.20%

	37
	65.50%

	38
	64.70%

	39
	64.00%

	40
	63.30%

	41
	62.60%

	42
	61.90%

	43
	61.20%

	44
	60.50%

	45
	59.80%

	46
	59.20%

	47
	58.50%

	48
	57.90%

	49
	57.20%

	50
	56.60%

	51
	56.00%

	52
	55.40%

	53
	54.80%

	54
	54.20%

	55
	53.60%

	56
	53.00%

	57
	52.40%

	58
	51.90%

	59
	51.30%

	60
	50.70%

	61
	50.20%

	62
	49.70%

	63
	49.10%

	64
	48.60%

	65
	48.10%

	66
	47.60%

	67
	47.10%

	68
	46.60%

	69
	46.10%

	70
	45.60%

	71
	45.10%

	72
	44.60%

	73
	44.10%

	74
	43.60%

	75
	43.10%

	76
	42.60%

2

	
		
	Month1
	Percentage

	77
	42.10%

	78
	41.60%

	79
	41.10%

	80
	40.60%

	81
	40.10%

	82
	39.60%

	83
	39.10%

	84
	38.60%

	85
	38.10%

	86
	37.60%

	87
	37.10%

	88
	36.60%

	89
	36.10%

	90
	35.60%

	91
	35.10%

	92
	34.60%

	93
	34.10%

	94
	33.60%

	95
	33.10%

	96
	32.60%

	97
	32.10%

	98
	31.60%

	99
	31.10%

	100
	30.60%

	101
	30.10%

	102
	29.60%

	103
	29.10%

	104
	28.60%

	105
	28.10%

	106
	27.60%

	107
	27.10%

	108
	26.60%

	109
	26.10%

	110
	25.60%

	111
	25.10%

	112
	24.60%

	113
	24.10%

	114
	23.60%

	115
	23.10%

	116
	22.60%

	117
	22.10%

	118
	21.60%

3

	
		
	Month1
	Percentage

	119
	21.10%

	120
	20.60%

	121
	20.10%

	122
	19.60%

	123
	19.10%

	124
	18.60%

	125
	18.10%

	126
	17.60%

	127
	17.10%

	128
	16.60%

	129
	16.10%

	130
	15.60%

	131
	15.10%

	132
	14.60%

	133
	14.10%

	134
	13.60%

	135
	13.10%

	136
	12.60%

	137
	12.10%

	138
	11.60%

	139
	11.10%

	140
	10.60%

	141
	10.10%

	142
	9.60%

	143
	9.10%

	144
	8.60%

	145
	8.10%

	146
	7.60%

	147
	7.10%

	148
	6.60%

	149
	6.10%

	150
	5.60%

	151
	5.10%

	152
	4.60%

	153
	4.10%

	154
	3.60%

	155
	3.10%

	156
	2.60%

	157
	2.10%

	158
	1.60%

	159
	1.10%

	160
	0.60%

4

	
		
	Month1
	Percentage

	161
	0.10%

	162 and thereafter
	0.00%

5

Exhibit 10 – Restated Schedule VI to Sale Supplement No. 10
SCHEDULE VI
AMORTIZATION PERCENTAGE
	
		
	Month1
	Percentage

	1
	100.00%

	2
	98.80%

	3
	97.60%

	4
	96.40%

	5
	95.30%

	6
	94.20%

	7
	93.10%

	8
	92.00%

	9
	90.90%

	10
	89.90%

	11
	88.90%

	12
	87.80%

	13
	86.80%

	14
	85.80%

	15
	84.90%

	16
	83.90%

	17
	83.00%

	18
	82.00%

	19
	81.10%

	20
	80.20%

	21
	79.30%

	22
	78.40%

	23
	77.50%

	24
	76.60%

	25
	75.70%

	26
	74.90%

	27
	74.00%

	28
	73.20%

	29
	72.40%

	30
	71.60%

	31
	70.80%

	32
	70.00%

	33
	69.20%

	34
	68.40%

	1  Starting with November 2013.

1

	
		
	Month1
	Percentage

	35
	67.60%

	36
	66.80%

	37
	66.10%

	38
	65.40%

	39
	64.60%

	40
	63.90%

	41
	63.20%

	42
	62.50%

	43
	61.80%

	44
	61.10%

	45
	60.50%

	46
	59.80%

	47
	59.10%

	48
	58.50%

	49
	57.80%

	50
	57.20%

	51
	56.60%

	52
	55.90%

	53
	55.30%

	54
	54.70%

	55
	54.10%

	56
	53.50%

	57
	52.90%

	58
	52.30%

	59
	51.70%

	60
	51.20%

	61
	50.60%

	62
	50.00%

	63
	49.50%

	64
	48.90%

	65
	48.40%

	66
	47.90%

	67
	47.30%

	68
	46.80%

	69
	46.30%

	70
	45.80%

	71
	45.30%

	72
	44.80%

	73
	44.30%

	74
	43.80%

	75
	43.30%

	76
	42.80%

2

	
		
	Month1
	Percentage

	77
	42.30%

	78
	41.80%

	79
	41.30%

	80
	40.80%

	81
	40.30%

	82
	39.80%

	83
	39.30%

	84
	38.80%

	85
	38.30%

	86
	37.80%

	87
	37.30%

	88
	36.80%

	89
	36.30%

	90
	35.80%

	91
	35.30%

	92
	34.80%

	93
	34.30%

	94
	33.80%

	95
	33.30%

	96
	32.80%

	97
	32.30%

	98
	31.80%

	99
	31.30%

	100
	30.80%

	101
	30.30%

	102
	29.80%

	103
	29.30%

	104
	28.80%

	105
	28.30%

	106
	27.80%

	107
	27.30%

	108
	26.80%

	109
	26.30%

	110
	25.80%

	111
	25.30%

	112
	24.80%

	113
	24.30%

	114
	23.80%

	115
	23.30%

	116
	22.80%

	117
	22.30%

	118
	21.80%

3

	
		
	Month1
	Percentage

	119
	21.30%

	120
	20.80%

	121
	20.30%

	122
	19.80%

	123
	19.30%

	124
	18.80%

	125
	18.30%

	126
	17.80%

	127
	17.30%

	128
	16.80%

	129
	16.30%

	130
	15.80%

	131
	15.30%

	132
	14.80%

	133
	14.30%

	134
	13.80%

	135
	13.30%

	136
	12.80%

	137
	12.30%

	138
	11.80%

	139
	11.30%

	140
	10.80%

	141
	10.30%

	142
	9.80%

	143
	9.30%

	144
	8.80%

	145
	8.30%

	146
	7.80%

	147
	7.30%

	148
	6.80%

	149
	6.30%

	150
	5.80%

	151
	5.30%

	152
	4.80%

	153
	4.30%

	154
	3.80%

	155
	3.30%

	156
	2.80%

	157
	2.30%

	158
	1.80%

	159
	1.30%

	160
	0.80%

4

	
		
	Month1
	Percentage

	161
	0.30%

	162 and thereafter
	0.00%

5ex10-1.htm

Exhibit 10.1

 

 

SECOND AMENDMENT TO CREDIT AGREEMENT

 

 

THIS AMENDMENT TO CREDIT AGREEMENT (this "Amendment") is entered into as of March 28, 2017, by and between NATURAL ALTERNATIVES INTERNATIONAL, INC., a Delaware corporation ("Borrower"), and WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank").

 

RECITALS

 

WHEREAS, Borrower is currently indebted to Bank pursuant to the terms and conditions of that certain Credit Agreement between Borrower and Bank dated as of November 1, 2014, as amended from time to time ("Credit Agreement").

 

WHEREAS, Bank and Borrower have agreed to certain changes in the terms and conditions set forth in the Credit Agreement and have agreed to amend the Credit Agreement to reflect said changes.

 

NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree that the Credit Agreement shall be amended as follows:

 

1.  Section 1.1. (a) is hereby amended by deleting "January 31, 2019" as the last day on which Bank will make advances under the Line of Credit, and by substituting for said date "February 1, 2020," with such change to be effective upon the execution and delivery to

Bank of a promissory note dated as of March 28, 2017 (which promissory note shall replace and be deemed the Line of Credit Note defined in and made pursuant to the Credit Agreement) and

all other contracts, instruments and documents required by Bank to evidence such change.

 

2.     Except as specifically provided herein, all terms and conditions of the Credit Agreement remain in full force and effect, without waiver or modification. All terms defined in the Credit Agreement shall have the same meaning when used in this Amendment. This Amendment and the Credit Agreement shall be read together, as one document.

 

3.     Borrower hereby remakes all representations and warranties contained in the Credit Agreement and reaffirms all covenants set forth therein. Borrower further certifies that as of the date of this Amendment there exists no Event of Default as defined in the Credit Agreement, nor any condition, act or event which with the giving of notice or the passage of time or both would constitute any such Event of Default.

 

-1-

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the day and year first written above.

 

	 	 	
			WELLS FARGO BANK,

				 
	
			NATURAL ALTERNATIVES 

			 INTERNATIONAL, INC.

				 	NATIONAL ASSOCIATION	 
	 	 	 	 	 	 
	By:	/s/ Kenneth E. Wolf	 	By:	/s/ Glenn Burton	 
	 	
			KENNETH E. WOLF,

			PRESIDENT

				 	 	
			GLENN BURTON,

			VICE PRESIDENT

				 
	 	 	 	 	 	 
	By:	/s/ Michael Fortin	 	 	 	 
	 	MICHAEL FORTIN,	 	 	 	 
	 	
			CHIEF FINANCIAL OFFICER

				 	 	 	 

 

 

-2-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00271-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00271-of-00352.parquet"}]]