Document:

Exhibit 10.2

Exhibit 10.2

AMENDMENT NUMBER ONE TO

2009 AMENDED AND RESTATED SECOND LIEN CREDIT AGREEMENT

This AMENDMENT NUMBER ONE TO 2009 AMENDED AND RESTATED SECOND LIEN CREDIT AGREEMENT (this
“Amendment”), dated as of February 23, 2010, by and among THERMADYNE INDUSTRIES, INC., a Delaware
corporation (“Industries”), THERMAL DYNAMICS CORPORATION, a Delaware corporation (“Dynamics”),
VICTOR EQUIPMENT COMPANY, a Delaware corporation (“Victor”), C & G MERGER CO., an Illinois
corporation (“C & G”), STOODY COMPANY, a Delaware corporation (“Stoody”), THERMADYNE INTERNATIONAL
CORP., a Delaware corporation (“International”, and collectively with Stoody, C & G, Victor,
Dynamics and Industries, the “Borrowers”), the Guarantors party hereto, REGIONS BANK, as
Administrative Agent, Collateral Agent and Funding Agent (“Agent”) and the Persons signatory hereto
as Lenders. Unless otherwise specified herein, capitalized terms used in this Amendment shall have
the meanings ascribed to them in Article I of the Credit Agreement (as hereinafter defined).

WHEREAS, the Borrowers, the Guarantors, Agent and Lenders have entered into that certain 2009
Amended and Restated Second Lien Credit Agreement dated as of August 14, 2009 (as further amended,
supplemented, restated or otherwise modified from time to time, the “Credit Agreement”);

WHEREAS, the Borrowers and the Guarantors have requested that Agent and Lenders amend certain
provisions of the Credit Agreement; and

WHEREAS, the Agent and Lenders have agreed to amend the Credit Agreement as set forth herein.

NOW THEREFORE, in consideration of the mutual execution hereof and other good and valuable
consideration, the parties hereto agree as follows:

1. Amendments to Credit Agreement. Subject to the satisfaction of the conditions precedent set
forth in Section 3 hereof, the parties hereto hereby agree to amend the Credit Agreement as
follows:

(a) Article I of the Credit Agreement is hereby amended by inserting the following
definitions or, if contained therein, amending and restating such definitions to read in
their entirety as follows:

““Amendment Number One” means that certain Amendment Number One to 2009 Amended
and Restated Second Lien Credit Agreement entered into as of February 23, 2010 among
the Borrowers, the other Credit Parties, the Agent and the Lenders signatory
thereto.”

““Amendment Number One Effective Date” means the date on which the Amendment
Number One becomes effective.”

Amendment Number One

 

 

 

““Capital Expenditures” means, with respect to any Person, all expenditures (by
the expenditure of cash or the incurrence of Indebtedness) by
such Person during any measuring period for any fixed assets or improvements or
for replacements, substitutions or additions thereto that have a useful life of more
than one year and that are required to be capitalized under GAAP.”

““Outstanding Foreign Investment Amount” has the meaning ascribed to it in
subsection 6.02(i) of the Credit Agreement.”

(b) Subsection 6.02(i) of the Credit Agreement is hereby amended and restated to read in its
entirety as follows:

“(i) any Borrower may (x) make investments in, or create, any wholly-owned Foreign
Subsidiary and (y) make investments in other foreign Persons; provided that:

(1) the aggregate amount of such foreign investments funded after the Amendment
Number One Effective Date permitted by clause (x) and clause (y) of this subsection
6.02(i) outstanding from time to time, exclusive of investments permitted by
subsection 6.02(k), (the “Outstanding Foreign Investment Amount”) shall not exceed
$10,000,000; provided that when calculating the Outstanding Foreign Investment
Amount at any point in time, the amount of such investments shall be reduced by the
total of the amounts repatriated on and after the after the Amendment Number One
Effective Date to any Borrower on account of such investments made in wholly-owned
Foreign Subsidiaries, even if such reduction reduces the Outstanding Foreign
Investment Amount to less than $0;

(2) the aggregate amount of such foreign investments permitted by clause (y) of
this subsection 6.02(i) funded after the Amendment Number One Effective Date shall
not exceed $3,000,000;

(3) if, at the time of any such proposed investment, (A) an Event of Default
has occurred and is continuing and (B) the Outstanding Foreign Investment Amount
exceeds $5,000,000 or would exceed $5,000,000 after giving effect to such proposed
investment, such proposed investment shall be subject to the prior approval of Agent
acting in its sole discretion;

(4) 65% of the stock of any such direct Foreign Subsidiary (except in that in
the case of the Australian Collateral Party, 100% of such stock) shall be pledged to
secure the Obligations; and

(5) Borrowers shall, concurrently with the delivery of financial statements
for each Fiscal Month, deliver to Agent a summary of foreign investments in Foreign
Subsidiaries and other Persons, net of repatriations;”

2. Representations and Warranties. To induce the other parties hereto to enter into this
Amendment, the Credit Parties represent and warrant to each of the Lenders and the Agent, that,
after giving effect to this Amendment, (a) the representations and warranties set forth in Article
III of the Credit Agreement are true and correct in all material respects on and as of the date
hereof, except to the extent such representations and warranties expressly relate to an earlier
date, and (b) no Default or Event of Default has occurred and is continuing.

Amendment Number One

 

2

 

3. Effectiveness. This Amendment shall become effective as of the date set forth above on the date
(the “Amendment Number One Effective Date”) on which the Agent shall have received:

(a) execution and delivery of this Amendment by Agent, the Lenders and Credit Parties;

(b) execution and delivery of an amendment to the First Lien Credit Agreement by each of the
parties thereto; and

(c) payment in full of all fees, costs and expenses, including the reasonable fees, costs
and expenses of counsel or other advisors for advice, assistance, or other representation in
connection with this Amendment, as provided in Section 9.05(a) of the Credit
Agreement.

4. Effect of Amendment. Except as expressly set forth herein, this Amendment shall not by
implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and
remedies of the Lenders, the Administrative Agent or the Collateral Agent under the Credit
Agreement or any other Loan Document, and shall not alter, modify, amend or in any way affect any
of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or
any other Loan Document, all of which are ratified and affirmed in all respects and shall continue
in full force and effect. Nothing herein shall be deemed to entitle any Credit Party to a consent
to, or a waiver, amendment, modification or other change of, any of the terms, conditions,
obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document
in similar or different circumstances. This Amendment shall apply and be effective only with
respect to the provisions of the Credit Agreement specifically referred to herein. After the date
hereof, any reference to the Credit Agreement shall mean the Credit Agreement, as modified hereby.
This Amendment shall constitute a “Loan Document” for all purposes of the Credit Agreement and the
other Loan Documents.

5. Counterparts. This Amendment may be executed in any number of counterparts and by different
parties hereto in separate counterparts, each of which when so executed and delivered shall be
deemed an original, but all such counterparts together shall constitute but one and the same
contract. Delivery of an executed counterpart of a signature page of this Amendment by facsimile
transmission shall be as effective as delivery of a manually executed counterpart hereof.

Amendment Number One

 

3

 

6. Applicable Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS
OF THE STATE OF NEW YORK.

7. Headings. The headings of this Amendment are for purposes of reference only and shall not limit
or otherwise affect the meaning hereof.

8. Reaffirmation. Each of the Guarantors hereby acknowledges receipt and notice of, and consents
to the terms of, this Amendment, and affirms and confirms its guarantee of the Obligations and, if
applicable, the pledge of and/or grant of a security interest in its assets as Collateral to secure
the Obligations, all as provided in the Collateral Documents as originally executed, and
acknowledges and agrees that such guarantee, pledge and/or grant of security
interest continue in full force and effect in respect of, and to secure, the Obligations under the
Credit Agreement, as amended hereby, and the other Loan Documents.

[REMAINDER OF THIS PAGE LEFT INTENTIONALLY BLANK]

Amendment Number One

 

4

 

IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed and
delivered by its duly authorized officer as of the date first set forth above.

	 	 	 	 	 
	 	THERMADYNE INDUSTRIES, INC.,

 	 
	 	By:  	/s/ Steven A. Schumm
 	 
	 	 	Name:  	Steven A. Schumm 	 
	 	 	Title:  	EVP  CFO & CAO 	 
	 
	 	THERMAL DYNAMICS CORPORATION,

 	 
	 	By:  	/s/ Steven A. Schumm
 	 
	 	 	Name:  	Steven A. Schumm 	 
	 	 	Title:  	EVP  CFO & CAO 	 
	 
	 	VICTOR EQUIPMENT COMPANY,

 	 
	 	By:  	/s/ Steven A. Schumm
 	 
	 	 	Name:  	Steven A. Schumm 	 
	 	 	Title:  	EVP  CFO & CAO 	 
	 
	 	C & G MERGER CO.,

 	 
	 	By:  	/s/ Steven A. Schumm
 	 
	 	 	Name:  	Steven A. Schumm 	 
	 	 	Title:  	EVP  CFO & CAO 	 
	 
	 	STOODY COMPANY,

 	 
	 	By:  	/s/ Steven A. Schumm
 	 
	 	 	Name:  	Steven A. Schumm 	 
	 	 	Title:  	EVP  CFO & CAO 	 
	 

Signature Page to

Amendment Number One

 

5

 

	 	 	 	 	 
	 	THERMADYNE INTERNATIONAL CORP.,

 	 
	 	By:  	/s/ Steven A. Schumm
 	 
	 	 	Name:  	Steven A. Schumm 	 
	 	 	Title:  	EVP  CFO & CAO 	 
	 
	 	THERMADYNE HOLDINGS CORPORATION,

 	 
	 	By:  	/s/ Steven A. Schumm
 	 
	 	 	Name:  	Steven A. Schumm 	 
	 	 	Title:  	EVP  CFO & CAO 	 
	 
	 	C&G SYSTEMS HOLDING, INC.,

 	 
	 	By:  	/s/ Steven A. Schumm
 	 
	 	 	Name:  	Steven A. Schumm 	 
	 	 	Title:  	EVP  CFO & CAO 	 
	 
	 	CIGWELD PTY LTD.,

 	 
	 	By:  	/s/ Steven A. Schumm
 	 
	 	 	Name:  	Steven A. Schumm 	 
	 	 	Title:  	EVP  CFO & CAO 	 
	 
	 	THERMADYNE AUSTRALIA PTY LTD.,

 	 
	 	By:  	/s/ Steven A. Schumm
 	 
	 	 	Name:  	Steven A. Schumm 	 
	 	 	Title:  	EVP  CFO & CAO 	 
	 

Signature Page to

Amendment Number One

 

6

 

	 	 	 	 	 
	 	REGIONS BANK, individually, and as

Administrative Agent, Collateral Agent and

Funding Agent

 	 
	 	By:  	/s/ Eric J. Knoll
 	 
	 	 	Name:  	Eric J. Knoll 	 
	 	 	Title:  	Vice President 	 
	 

Signature Page to

Amendment Number One

 

7

 

	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	NORTHWOODS CAPITAL IV, LIMITED	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By: Angelo, Gordon & Co., L.P., as
Collateral Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Bradley Pattelli
 

	 	 
	 

	 	 	 	 	 	 
	 	Name: Bradley Pattelli	 	 
	 

	 	 	 	 	 	 
	 	Title:   Managing Director	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	NORTHWOODS CAPITAL V, LIMITED	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By: Angelo, Gordon & Co., L.P., as
Collateral Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Bradley Pattelli	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Name: Bradley Pattelli	 	 
	 

	 	 	 	 	 	 
	 	Title:   Managing Director	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	NORTHWOODS CAPITAL VI, LIMITED	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By: Angelo, Gordon & Co., L.P., as
Collateral Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Bradley Pattelli	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Name: Bradley Pattelli	 	 
	 

	 	 	 	 	 	 
	 	Title:   Managing Director	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	NORTHWOODS CAPITAL VII, LIMITED	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By: Angelo, Gordon & Co., L.P., as
Collateral Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Bradley Pattelli	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Name: Bradley Pattelli	 	 
	 

	 	 	 	 	 	 
	 	Title:   Managing Director	 	 

Signature Page to

Amendment Number One

 

8

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	NORTHWOODS CAPITAL VIII, LIMITED	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By: Angelo, Gordon & Co., L.P., as
Collateral Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Bradley Pattelli	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	Name: Bradley Pattelli	 	 
	 

	 	 	 	 	 	 
	 	Title:   Managing Director	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	JRG REINSURANCE COMPANY, LTD.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By: Angelo, Gordon & Co., L.P., as
Investment Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Bradley Pattelli	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	Name: Bradley Pattelli	 	 
	 

	 	 	 	 	 	 
	 	Title:   Managing Director	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	AG GLOBAL DEBT STRATEGY PARTNERS, L.P.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By: Angelo, Gordon & Co., L.P.,
its Fund Adviser	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Bradley Pattelli	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	Name: Bradley Pattelli	 	 
	 

	 	 	 	 	 	 
	 	Title:   Managing Director	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	SUMMER HILL FIXED INCOME AG, LLC	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By: Angelo, Gordon & Co., L.P., its
Investment Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Bradley Pattelli	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 	Name: Bradley Pattelli	 	 
	 

	 	 	 	 	 	 
	 	Title:   Managing Director	 	 

Signature Page to

Amendment Number One

 

9

 

	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	AG DIVERSIFIED CREDIT STRATEGIES MASTER, L.P.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By: AG Diversified Credit Strategies GP, LLC,

its General Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By: Angelo, Gordon & Co., L.P., its Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Bradley Pattelli
 

	 	 
	 

	 	 	 	 	 	 
	 	Name: Bradley Pattelli	 	 
	 

	 	 	 	 	 	 
	 	Title:   Managing Director	 	 

Signature Page to

Amendment Number One

 

10Exhibit 10.19

Exhibit 10.19

COMMERCIAL PROPERTY LEASE AGREEMENT

By this lease agreement, the undersigned parties, on one side

1. VERBO EMPREENDIMENTOS E PARTICIPAÇÕES LTDA., company with its principal place of
business at Rua Gomes de Carvalho 1.306, 10o andar, CJ. 102 – Sala 01, Vila Olímpia, São
Paulo, enrolled in the General Taxpayers’ Register under CNPJ No 54.626.890/0001-70, exempt from
State Enrollment, herein represented by its partner MARLI DAVID GUSMÃO DOS SANTOS,
Brazilian, businesswoman, bearer of identification card RG No 3.990.595 SSP/SP, enrolled in the
Individual Taxpayers’ Register under CPF No 917.582.898-72, resident and domiciled in this capital
city, hereinafter referred to as LESSOR

and on the other side

2. MERCADOLIVRE.COM ATIVIDADES DE INTERNET LTDA., a company with its principal place of business at
Rua Arandú 281 — 9o andar, São Paulo- SP, enrolled in the General Taxpayers’ Register under CNPJ
No 03.361.252/0001-34, herein represented by its legally constituted Manager STELLEO PASSOS TOLDA,
bearer of identification card RG No 7.575.578-5 SSP/SP, enrolled in the Individual Taxpayers’
Register under CPF/MF No 028.676.707-48, hereinafter referred to as LESSEE;

have agreed as follows:

Clause One: LESSOR is the owner of units numbers 71 and 72 in Edifício Business Center – 7o andar
located at Rua Gomes de Carvalho 1.306, Vila Olímpia, São Paulo, 28th Sub-District,
Jardim Paulista, with a private area of 598.32 square meters and eighteen (18) parking spaces
perfectly described and specified in registrations numbers 129.367 and 129.368 with the Real Estate
Registration Office of São Paulo.

Clause Two: By this instrument and for all purposes of law, LESSOR hereby leases to LESSEE, for
exclusively commercial purposes, the premises mentioned in the preceding clause, for twenty four
(24) months. The lease term shall commence on December 1st, 2009 and shall terminate on
November 30, 2011.

Clause Three: The monthly lease amount is twenty two thousand and five hundred reais (R$
22,500.00).

Paragraph One: This agreement is entered into under the legislation, still in force, that
implemented the economic changes resulting from the “Plano Real”, that forbids monetary restatement
to be applied with a time interval of less than one year. However, it is hereby established that if
such legislation is changed at any time during the effectiveness of this agreement so as to permit
monetary restatement to be applied on leases, then the lease amount hereby agreed upon shall be
subject to monetary restatement with a smallest time interval permitted by the new legislation,
according to the legally established index. The lease shall be adjusted according to the variation
of the IGPM/FGV. In case such index is extinct, the lease shall be adjusted by any index that may
replace it.

 

 

 

Clause Four: The lease and any other lease charges due by LESSEE under this agreement shall be paid
monthly in arrears and will be due on the first (1st) day of each month upon
presentation of a “Lease Payment Slip” issued by LESSOR; if LESSEE does not receive such Lease
Payment Slip up to the due date, then it shall request it via telephone: (11) 3045-5541, extension:
105.

Clause Five: Non-payment of the lease and other charges on the date and under the provisions
established on the preceding clause, shall subject lessee to a twenty percent (20%) penalty on the
overdue amount, plus monetary restatement. Such penalty and monetary restatement shall be
applicable from the maturity date up the effective payment; if payment is delayed for more than
thirty (30) days, a one percent (1%) interest per month shall be charged, without prejudice of
contractual termination and any other legal sanctions. If a judicial suit is filed, LESSEE shall
bear, in addition to interest, monetary restatement and penalty, lawyer’s fees at 20% of the total
amount due.

Clause Six: LESSEE shall bear any expenses related to the consumption of water, electricity, gas,
Municipal Real Estate Tax – IPTU, garbage and condominium tax, and the respective increases
thereon.

Sole Paragraph: LESSEE hereby undertakes to present to LESSOR, upon termination of the lease,
supporting documents evidencing the payment of water, electricity, gas, Municipal Real Estate Tax –
IPTU, garbage and condominium tax bills and other charges.

Clause Seven: Any taxes, municipal real estate taxes that are levied or come to be levied on the
leased premises and on the public road where it is located shall be solely borne by LESSEE.

Clause Eight: Except for those works that affect the security of the building, LESSEE hereby
undertakes to maintain the leased premises in good conditions of hygiene and cleaning and the
bathroom and lighting fixtures, stove, wallpapers paint, window glasses, marbles, locks, taps, wash
basins, bathrooms, drains, and other appliances in perfect state of conservation and operation, so
as to return the premises upon termination or rescission of this agreement, with no right to claim
any lien on or damages for any improvements to the premises, even if necessary, such improvements
to be hereby incorporated into the premises.

Clause Nine: LESSEE hereby undertakes to deliver to LESSOR, within the legal time frame, any
notices received and any communication related to the leased premises and that are under the
LESSEE’s responsibility, as well as any and all penalties and increases thereon resulting from the
delay in delivering such documents to LESSOR.

Clause Ten: LESSOR may, whether personally or through an authorized representative, visit the
leased premises at a previously agreed with LESSEE, in order to check the treatment provided to
the premises or to accompany any persons who may be interested in buying the property.

Clause Eleven: If the leased premises are located in a condominium building, LESSEE represents that
it is aware of the provisions of Condominium Regulations, that rule the activities of the occupants
of the building, and further agrees to fully comply with such regulations under the penalties
herein established.

 

 

 

Paragraph One: LESSEE hereby represents that it is aware of the Building’s Internal Regulation and
that it agrees to comply with the provisions thereof that are an integral part of this agreement as
if they were herein transcript.

Paragraph Two: LESSEE shall pay the condominium ordinary expenses.

Clause Twelve: Upon termination of the lease, LESSEE shall return the premises fully vacant of
persons and things, in perfect maintenance and preservation conditions, regardless of any notice or
notification, under penalty of being submitted to the fines herein imposed and other applicable
legal provisions.

First Paragraph: Delivery of the premises will occur upon delivery of the keys by LESSEE to LESSOR
after inspection thereon.

Clause Thirteen: This lease agreement shall be terminated in the event that reconstruction of the
building is required as a result of fire or any accident, however, if LESSEE is to be blamed for
such fire or accident, then it shall remain responsible even if the leased premises return to their
previous condition.

Paragraph One: In the event of expropriation of the leased premises by any competent public
authority, this lease agreement shall be terminated and the parties hereof shall be released from
any obligations established in this agreement, exception made to any rights resulting therefrom up
to the time when expropriation takes place.

Clause Fourteen: The assignment of this agreement, loan for use, sublease or any other form of
transfer of the leased premises are hereby expressly forbidden.

Clause Fifteen: If any of the parties breaches this agreement, it shall be subject to a
contractual penalty equal to three (3) months’ rent in force at the time of the breach, and
regardless of the period of time that had elapsed from the beginning of the lease agreement, such
penalty shall be charged in full. The non-breaching party may deem the lease simultaneously
terminated, regardless of any notice or notification, or, further, it may require full performance
of this agreement up until termination thereof, under the conditions herein provided for, without
prejudice to any penalty it is entitled to charge.

Clause Sixteen: The premises shall be returned in good condition, clean and painted.

Paragraph One: In order to carry on its activities, LESSEE may make improvements in the leased
premises, always with the LESSOR’s consent, provided that the architecture and the use of the
leased premises are not changed on account of such improvements. Such improvements may, however, at
LESSOR’s discretion, be incorporated into the premises, and LESSEE shall not have the right to
indemnification, compensation or lien for any purpose whatsoever.

Paragraph Two: When using the leased premises, LESSEE shall be held liable for any sanctions that
may be imposed thereon on account of any infringement it may commit and LESSOR is hereby released
from any responsibility therefore.

 

 

 

Clause Seventeen: The provisions related to early payment of lease shall remain in force, under
Clause VI-7 of the lease agreement entered into on December 1st, 2005, when the amount
equivalent to three (3) month’s rent at the time, or fifty four thousand reais (R $54,000.00), was
paid and shall be used by LESSOR to pay the lease in the last three months of the lease agreement,
or if already paid, such amounts shall be returned to LESSEE, duly adjusted by the official indices
used to make adjustments to Savings Accounts, such indices accumulated between the date on which
this lease agreement is entered into and the date of execution of the Instrument for Delivery of
Keys, when the leased premises shall be vacated.

Sole Paragraph: In the event of early termination, LESSEE agrees to inform LESSOR upon a sixty
(60) day’s prior notice.

Clause Eighteen: Any dispute that may arise from this lease agreement shall be subject to the
jurisdiction of the Courts sitting in the city where the premises are located, and the parties
hereby expressly waive any other jurisdiction, as privileged as it may be. This agreement and all
its terms, clauses and conditions are binding on the parties, their heirs and successors.

In witness whereof, the parties have executed this agreement in two (02) counterparts of equal
content, in the presence of the undersigned witnesses.

São Paulo, February 01, 2010

[signed]

VERBO EMPREENDIMENTOS E PARTICIPAÇÕES LTDA.

Marli David Gusmão dos Santos

LESSOR

[signed]

MERCADOLIVRE.COM ATIV. DE INTERNET LTDA

Stelleo Passos Tolda

LESSEE

Witnesses

1. [signed]

Claudete Siqueira Bicudo

RG: 14.270.984-0

2. [signed]

Clélia Maria de Paula

RG. No 30.403.587-7 SSP/SP

CPF/MF No: 276.560.658-73

[signature of Marli David Gusmão dos Santos certified by the 4ht Notary Office of the State of São
Paulo]

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