Document:

EX-10.2

 Exhibit 10.2 

FIRST AMENDMENT TO CREDIT AGREEMENT 

THIS FIRST AMENDMENT TO CREDIT AGREEMENT, dated as of August 15, 2014 (this “Amendment”), is entered into among
ALBEMARLE CORPORATION, a Virginia corporation (the “Company”), ALBEMARLE GLOBAL FINANCE COMPANY SCA, a Belgian partnership limited by shares (“société en commandite par actions” –
“commanditaire vennootschap op aandelen”) (the “Belgian Borrower” and together with the Company, collectively, the “Borrowers”), the Lenders party hereto, and BANK OF AMERICA, N.A., as
Administrative Agent for the Lenders (in such capacity, the “Administrative Agent”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Credit Agreement (as defined below and as
amended by this Amendment). 
 RECITALS 

WHEREAS, the Borrowers, the Lenders and the Administrative Agent are parties to that certain Credit Agreement, dated as of February 7,
2014 (the “Credit Agreement”); and 
 WHEREAS, the parties hereto have agreed to amend the Credit Agreement as provided
herein. 
 NOW, THEREFORE, in consideration of the agreements contained herein, and for other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 
 AGREEMENT 

1. Amendments. 
 (a)
Section 1.01. 
 (i) The following definitions in Section 1.01 of the Credit Agreement are hereby amended to
read as follows: 
 “Consolidated EBITDA” means, for any period, for the Consolidated Group, an amount
equal to the sum of (a) Consolidated Net Income for such period plus (b) the following to the extent deducted in calculating such Consolidated Net Income: (i) Consolidated Interest Charges for such period, (ii) the
provision for federal, state, local and foreign income taxes payable by the Consolidated Group for such period, (iii) the amount of depreciation and amortization expense for such period, (iv) non-cash expenses for such period (excluding
any non-cash expense to the extent that it represents an accrual of or reserve for cash payments in any future period), (v) non-cash goodwill impairment charges and (vi) any non-cash loss
attributable to the mark-to-market adjustments in the valuation of pension liabilities (to the extent the cash impact resulting from such loss has not been realized) in
accordance with Accounting Standards Codification 715 (ASC 715) plus (c) with respect to the Rockwood Acquisition, cost synergies (net of continued associated expenses) related to operational changes, restructurings, reorganizations, operating
expense 

  
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reductions, operating improvements and similar restructuring initiatives relating to the Rockwood Acquisition that, as of the date of calculation with respect to such period, are reasonably
anticipated by the Company in good faith to be realized within 12 months following the Rockwood Acquisition; provided that (i) such cost synergies are calculated on a basis that is consistent with Article 11 of Regulation S-X under the
Securities Act of 1933, (ii) the aggregate amount of such adjustments under this clause (c) taken into account in determining Consolidated EBITDA for any period of determination shall not exceed an aggregate amount equal to 5% of
Consolidated EBITDA for such period (determined without giving effect to this clause (c)) and (iii) to the extent such cost synergies are no longer reasonably expected by the Company to be realized within 12 months following the Rockwood
Acquisition, then such cost synergies shall not be included in the definition of “Consolidated EBITDA”, minus (d) to the extent included in calculating such Consolidated Net Income, (i) non-cash income during such period
(excluding any non-cash income to the extent that it represents cash receipts in any future period) and (ii) any non-cash gains attributable to the mark-to-market adjustments in the valuation of pension liabilities in accordance with Accounting Standards Codification 715 (ASC 715), all as determined in accordance with GAAP. 

“Consolidated Funded Debt” means Funded Debt of the Consolidated Group determined on a consolidated basis in
accordance with GAAP. Notwithstanding the foregoing, solely for the purposes of determining Consolidated Funded Debt at any time on or prior to the consummation of the Rockwood Acquisition, “Consolidated Funded Debt” shall exclude the
Senior Specified Notes (and any guarantees thereof) to the extent such notes include a “special mandatory redemption” provision (or other similar provision) requiring the Company (within a reasonable period of time following the occurrence
of an event set forth in clause (a) or (b)) to redeem the Specified Senior Notes if (a) the Rockwood Acquisition is not consummated on or prior to May 15, 2015 or (b) the Rockwood Acquisition Agreement terminates in accordance
with its terms. For avoidance of doubt, the exclusion in the immediately preceding sentence shall not apply after consummation of the Rockwood Acquisition. 

“Eurocurrency Rate” means: 

(a) for any Interest Period with respect to a Eurocurrency Rate Loan: 

(i) in the case of Eurocurrency Rate Loan denominated in a LIBOR Quoted Currency, the rate per annum equal to the London
Interbank Offered Rate (“LIBOR”) or a comparable or successor rate, which rate is approved by the Administrative Agent in consultation with the Company, as published on the applicable Reuters screen page (or such other commercially
available source providing such quotations as may be designated by the Administrative Agent from time to time) (in 

  
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such case, the “LIBOR Rate”) at or about 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, for deposits in the relevant currency (for
delivery on the first day of such Interest Period) with a term equivalent to such Interest Period; 
 (ii) in the case of
Eurocurrency Rate Loan denominated in Canadian Dollars, the rate per annum equal to the Canadian Dealer Offered Rate (“CDOR”), or a comparable or successor rate which rate is approved by the Administrative Agent in consultation with
the Company, as published on the applicable Reuters screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time) at or about 10:00a.m. (Toronto, Ontario time)
on the Rate Determination Date with a term equivalent to such Interest Period; and 
 (iii) in the case of any other
Eurocurrency Rate Loan denominated in a Non-LIBOR Quoted Currency (other than those specified above), the rate designated with respect to such Alternative Currency at the time such Alternative Currency is approved pursuant to
Section 1.09; and 
 (b) for any interest calculation with respect to a Base Rate Loan on any date, the rate per
annum equal to the LIBOR Rate , at about 11:00 a.m., London time determined two Business Days prior to such date for Dollar deposits for a term of one month commencing that day; 

provided that (i) to the extent a comparable or successor rate is approved by the Administrative Agent in consultation with the
Company in connection herewith, the approved rate shall be applied in a manner consistent with market practice; provided, further that to the extent such market practice is not administratively feasible for the Administrative Agent,
such approved rate shall be applied as otherwise reasonably determined by the Administrative Agent and (ii) if the Eurocurrency Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement. 

“Loan Documents” means this Agreement, each Note, each Designated Borrower Request and Assumption Agreement,
each Issuer Document, the Administrative Agent Fee Letter, the Subsidiary Guaranty and any agreement creating or perfecting rights in Cash Collateral pursuant to the provisions of Section 2.16. 

  
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 (ii) The following definitions are hereby added to Section 1.01 of the
Credit Agreement in the appropriate alphabetical order to read as follows: 
 “Guarantors” means,
collectively, each Subsidiary of the Company that is party to the Subsidiary Guaranty. 
 “Pigments Business
Disposition Agreement” means the Stock Purchase Agreement, dated as of September 17, 2013, by and between Rockwood Specialties Group, Inc. and Huntsman International LLC. 

“Rockwood” means Rockwood Holdings, Inc., a Delaware corporation. 

“Rockwood Acquisition” means the acquisition of all of the outstanding capital stock of Rockwood pursuant to
the Rockwood Acquisition Agreement. 
 “Rockwood Acquisition Agreement” means that certain Agreement and
Plan of Merger, dated as of July 15, 2014, by and among the Company, Rockwood and Albemarle Holdings Corporation, a Delaware corporation. 

“Rockwood Funding Date” means the date on which the conditions precedent in Section 5.03 are
satisfied. 
 “Rockwood Notes” means the 4.625% senior notes due October 15, 2020 issued by Rockwood
Specialties Group, Inc. pursuant to that certain First Supplemental Indenture, dated as of September 25, 2012, to the Indenture, dated as of September 25, 2012, among Rockwood Specialties Group, Inc., the guarantors party thereto and Wells
Fargo Bank, National Association, as trustee. 
 “Specified Senior Notes” mean the senior unsecured notes
issued and sold by the Company or any of its Subsidiaries in connection with the Rockwood Acquisition. 

“Subsidiary Guaranty” means the guaranty agreement substantially in the form of Exhibit I hereto made
by the Guarantors in favor of the Administrative Agent, the Lenders and the other holders of the Obligations. 

  
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 (iii) The pricing grid in the definition of “Applicable Rate” in
Section 1.01 of the Credit Agreement is hereby amended to read as follows: 
  

																			
	 Pricing

Level
	  	 Debt Rating

S&P/Moody’s
	  	Applicable Rate
for Eurocurrency
Rate Loans	 	 	Applicable Rate
for Base
Rate Loans	 	 	Letter of Credit
Fee	 	 	Facility
Fee	 
	 1
	  	BBB+/Baa1 or better	  	 	1.000	% 	 	 	0.000	% 	 	 	1.000	% 	 	 	0.125	% 
	 2
	  	BBB/Baa2	  	 	1.100	% 	 	 	0.100	% 	 	 	1.100	% 	 	 	0.150	% 
	 3
	  	BBB-/Baa3	  	 	1.300	% 	 	 	0.300	% 	 	 	1.300	% 	 	 	0.200	% 
	 4
	  	BB+/Ba1	  	 	1.500	% 	 	 	0.500	% 	 	 	1.500	% 	 	 	0.250	% 
	 5
	  	worse than BB+/Ba1 or unrated	  	 	1.700	% 	 	 	0.700	% 	 	 	1.700	% 	 	 	0.300	% 

 (b) Section 3.03. Section 3.03 of the Credit Agreement is hereby amended to
read as follows: 
 3.03 Inability to Determine Rates. 

If in connection with any request for a Eurocurrency Rate Loan or a conversion to or continuation thereof that (i) the
Administrative Agent determines that (A) deposits in the Applicable Currency are not being offered to banks in the applicable offshore interbank market for such currency for the applicable amount and Interest Period of such Eurocurrency Rate
Loan or (B) adequate and reasonable means do not exist for determining the Eurocurrency Rate for the Interest Period with respect to a Eurocurrency Rate Loan or in connection with an existing or proposed Base Rate Loan (in each case with
respect to clause (i), “Impacted Loans”), or (ii) the Administrative Agent or the Required Lenders determine that for any reason the Eurocurrency Rate for any requested Interest Period with respect to a proposed Eurocurrency
Rate Loan does not adequately and fairly reflect the cost to the Lenders of funding such Eurocurrency Rate Loan, the Administrative Agent will promptly notify the Company and all Lenders. Thereafter, (x) the obligation of the Lenders to make or
maintain Eurocurrency Rate Loans in the Applicable Currency shall be suspended (to the extent of the affected Eurocurrency Rate Loans or Interest Periods) and (y) in the event of a determination described in the preceding sentence with respect
to the Eurocurrency Rate component of the Base Rate, the utilization of the Eurocurrency Rate component in determining the Base Rate shall be suspended, in each case until the Administrative Agent (upon the instruction of the Required Lenders)
revokes such notice. Upon receipt of such notice, the Company may revoke any pending request for a Borrowing, conversion or continuation of Eurocurrency Rate Loans in the affected currency or currencies (to the extent of the affected Eurocurrency
Rate Loans or Interest Periods)or, failing that, will be deemed to have converted such request into a request for a Committed Borrowing of Base Rate Loans in the amount specified therein. 

  
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 (c) Section 5.03. A new Section 5.03 is hereby added to the
Credit Agreement immediately following Section 5.02 to read as follows: 
 5.03 Conditions to Rockwood Acquisition
Funding. 
 Notwithstanding anything to the contrary contained herein or in any other Loan Document, the obligation of
each Lender to honor a Request for Credit Extension for up to $100,000,000 for purposes of consummating the Rockwood Acquisition is subject to only the following conditions precedent and no other conditions precedent: 

(a) The representations and warranties made by or on behalf of Rockwood in the Rockwood Acquisition Agreement and which are
material to the interests of the Lenders (in their capacities as such) shall be true and correct in all material respects (or, with respect to representations already qualified by concepts of materiality, in all respects) as of the Rockwood Funding
Date, but only to the extent that the Company or any of its Affiliates has the right to terminate its obligations under the Rockwood Acquisition Agreement or to decline to consummate the Rockwood Acquisition as a result of a breach of such
representations and warranties in the Rockwood Acquisition Agreement. 
 (b) Each of the representations and warranties set
forth in the following Sections shall be true and correct in all material respects (or, with respect to representations already qualified by concepts of materiality, in all respects) at the time of and after giving effect to the Credit Extensions
hereunder on the Rockwood Funding Date: Sections 6.01 (with respect to subclauses (a), (b)(ii) and (c) thereof), 6.02 (exclusive of subclause (b) thereof), 6.04, 6.13, 6.18 and
6.20. 
 (c) Since December 31, 2013, there has not been any event, change, conditions, occurrence or effect,
that individually or in the aggregate, has had or would reasonably be expected to have a Company Material Adverse Effect. “Company Material Adverse Effect” means an event, change, condition, occurrence or effect that has had a material
adverse effect on the assets, business, financial condition or results of operations of Rockwood and the Company Subsidiaries (as defined in the Rockwood Acquisition Agreement as in effect on the date hereof), taken as a whole, provided, however,
that no events, changes, conditions, occurrences or effects arising out of or relating to any of the following, either alone or in combination, shall constitute or be taken into account in determining a Company Material Adverse Effect: (i) any
change generally affecting regulatory or political conditions in the United States, the European Union or in any other country; (ii) any change generally affecting economic conditions in the United States, the European Union or in any other
country; (iii) any change generally affecting the capital or financial markets, including changes in interest or exchange rates, in the United States, the European Union or in any other country; (iv) any change generally affecting the

  
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industries, markets or geographical areas in which Rockwood or any Company Subsidiary operates; (v) any hurricane, flood, earthquake or other natural disaster; (vi) any military action,
civil disturbance (other than in connection with any labor dispute), acts of war (whether or not declared) or terrorism, or any outbreak, escalation or worsening of any of the foregoing; (vii) any change or proposed change in GAAP (as defined
in the Rockwood Acquisition Agreement as in effect on the date hereof) or the interpretation thereof; (viii) any change or proposed change in applicable Law (as defined in the Rockwood Acquisition Agreement as in effect on the date hereof) or
the interpretation thereof; (ix) any change in the price or availability of any raw material or commodity used or sold by Rockwood or any Company Subsidiary; (x) the negotiation, execution, delivery, pendency or performance of the Rockwood
Acquisition Agreement or the consummation of the transactions contemplated thereby, or any public disclosure relating to any of the foregoing, or the impact of any of the foregoing on relationships, contractual or otherwise, with customers,
suppliers, lenders, employees, unions, licensors, joint venture partners or other Persons (as defined in the Rockwood Acquisition Agreement as in effect on the date hereof) with business relationships with Rockwood or any Company Subsidiary or any
action or inaction by a Governmental Entity (as defined in the Rockwood Acquisition Agreement as in effect on the date hereof) or any Proceeding (as defined in the Rockwood Acquisition Agreement as in effect on the date hereof) or dispute brought or
threatened arising out of or relating to the matters in this clause (x); (xi) the pendency or performance of the Pigments Business Disposition Agreement (including any amendment or waiver thereof, consent thereunder or termination thereof in
compliance with the Rockwood Acquisition Agreement) or the consummation of the transactions contemplated thereby (including the taking of any action or failure to take any action contemplated by the Pigments Business Disposition Agreement, to
facilitate the consummation thereof) or any post-closing indemnity or other liability or obligation arising out of or relating to such agreement (it being understood that any event, change, condition, occurrence or effect underlying any such
post-closing indemnity may be taken into account in determining a Company Material Adverse Effect), or any public disclosure relating to any of the foregoing, or the impact of any of the foregoing on relationships, contractual or otherwise, with
customers, suppliers, lenders, employees, unions, joint venture partners or other Persons with business relationships with Rockwood or any Company Subsidiary, or any action or inaction by a Governmental Entity or any Proceeding or dispute brought or
threatened arising out of or relating to the matters in this clause (xi) (it being understood that any event, change, condition, occurrence or effect underlying any such Proceeding that is brought after the consummation of the transactions
contemplated by the Pigments Business Disposition Agreement may be taken into account in determining a Company Material Adverse Effect); (xii) any action taken at the Borrower’s request; (xiii) any decline in the credit rating, market
price or trading volume of any Securities (as defined in the Rockwood Acquisition Agreement as in effect on the date hereof) or Indebtedness (as defined in the Rockwood Acquisition Agreement as in effect on the date hereof) of Rockwood or any
Company Subsidiary or any failure of Rockwood or any Company Subsidiary to achieve any internal or public earnings or other financial projections or 

  
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forecasts (it being understood that any event, change, condition, occurrence or effect underlying such decline or failure (other than any event, change, condition, occurrence or effect relating
to matters in clauses (i) through (xii) and (xiv)) may be taken into account in determining a Company Material Adverse Effect); or (xiv) any action taken by the Borrower or its Affiliates (as defined in the Rockwood Acquisition
Agreement as in effect on the date hereof) (including any disclosure regarding the Borrower’s plans with respect to the conduct of the business of Rockwood following the Effective Time (as defined in the Rockwood Acquisition Agreement as in
effect on the date hereof)); except in the case of clauses (ii), (iii) and (vii), to the extent that Rockwood and its Subsidiaries (as defined in the Rockwood Acquisition Agreement as in effect on the date hereof), taken as a whole, are
disproportionately adversely affected thereby in any material respect as compared to other participants in the industries in which Rockwood and its Subsidiaries operate. 

(d) Receipt by the Administrative Agent of a certificate signed by a Responsible Officer of the Company certifying
(A) that the conditions specified in Sections 5.03(a), 5.03(b) and 5.03(f) have been satisfied, (B) the current Debt Ratings and (C) that attached thereto is a true, complete and correct copy of the Rockwood
Acquisition Agreement as of the Rockwood Funding Date. 
 (e) Receipt by the Administrative Agent of a Solvency Certificate
in the form of Exhibit J hereto. 
 (f) The Rockwood Acquisition shall have been, or shall concurrently with the
funding of Loans on the Rockwood Funding Date be, consummated in accordance with the terms of the Rockwood Acquisition Agreement, without giving effect to any amendment, modification, waiver or consent thereunder that is materially adverse to the
interests of the Lenders (in their capacities as such) unless such amendment, modification, waiver or consent is approved by MLPFS (which approval shall not be unreasonably withheld, delayed or conditioned); provided, that (i) any
increase in the purchase price shall not be deemed to be materially adverse to the Lenders so long as such increase is not funded with the incurrence or assumption of additional Indebtedness, (ii) any decrease in purchase price by 10% or more
shall be deemed to be materially adverse to the Lenders and (iii) any change to the definition of “Company Material Adverse Effect” (as defined in the Rockwood Acquisition Agreement) shall be deemed to be materially adverse to the
Lenders. 
 (g) Receipt by the Administrative Agent of a Committed Loan Notice duly completed by a Responsible Officer of the
Company. 
 (h) The Company shall have paid all Attorney Costs of the Administrative Agent to the extent invoiced prior to or
on the Rockwood Funding Date, plus such additional amounts of 

  
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Attorney Costs as shall constitute its reasonable estimate of Attorney Costs incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter
preclude a final settling of accounts between the Company and the Administrative Agent). 
 The Committed Loan Notice delivered to the
Administrative Agent pursuant to Section 5.03(g) shall be deemed to be a representation and warranty that the representations and warranties of the Borrower contained in Article VI are true and correct in all material respects on
and as of the Rockwood Funding Date; provided, however, that the only representations and warranties the accuracy of which shall be a condition precedent to the funding of up to $100,000,000 in Loans hereunder are the representations
and warranties provided pursuant to Section 5.03(b). 
 (d) Section 6.14. The following proviso is
hereby added at the end of Section 6.14 of the Credit Agreement to read as follows: 
 provided, further, that with
respect to the financial statements provided pursuant to Section 7.02(e), this representation is made to the best knowledge of the Company. 

(e) Section 6.20. Section 6.20 of the Credit Agreement is hereby amended to read as follows: 

6.20 OFAC; Anti-Corruption Laws. 

(a) None of the Borrowers, nor any of their Subsidiaries, nor, to the knowledge of the Borrowers and their Subsidiaries, any
director, officer, employee, agent, affiliate or representative thereof, is an individual or entity currently the subject of any Sanctions, nor is any Borrower or any Subsidiary located, organized or resident in a Designated Jurisdiction. 

(b) The Borrowers and their Subsidiaries have conducted their business in compliance in all material respects with applicable
anti-corruption laws and have instituted and maintained policies and procedures designed to promote and achieve compliance with such laws. 

(f) Section 7.02. Section 7.02 of the Credit Agreement is hereby amended such that clause (e) is
renumbered as clause (f) and a new clause (e) is hereby added to Section 7.02 immediately before clause (f) to read as follows: 

(e) promptly after the same are available on the applicable SEC website, until such time as the Rockwood Acquisition is
consummated, copies of (i) the audited consolidated balance sheets of Rockwood and its Subsidiaries as of the end of, and related statements of income and cash flows of Rockwood and its Subsidiaries for, the fiscal year ending after
December 31, 2013 and at least ninety (90) days prior to the Rockwood Funding Date and (ii) the unaudited consolidated balance sheet of Rockwood and its Subsidiaries as of the end of, and related statements of income and cash flows of
Rockwood and its Subsidiaries, for each fiscal quarter ending after December 31, 2013 

  
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and at least forty-five (45) days prior to the Rockwood Funding Date, prepared in accordance with GAAP except for the absence of footnotes and for normal year-end audit adjustments; and 

(g) Section 7.12. A new Section 7.12 is hereby added to the Credit Agreement immediately following
Section 7.11 to read as follows: 
 7.12 Subsidiary Guaranty. 

Upon the earlier of (i) seventy days following the guarantee by the Company or any of its Subsidiaries (excluding
Rockwood and its Subsidiaries) of the Rockwood Notes and (ii) the guarantee by the Company or any of its Subsidiaries of any Specified Senior Notes, cause such Subsidiaries as are guarantors or obligors with respect to either of the Rockwood
Notes or any Specified Senior Notes to execute and deliver the Subsidiary Guaranty, and deliver to the Administrative Agent documentation of the types described in Sections 5.01(a)(iii) through 5.01(a)(vi), each in form and substance
reasonably satisfactory to the Administrative Agent; provided, that, at such time when neither the Company nor any Subsidiary is an obligor or guarantor of the Rockwood Notes or any Specified Senior Notes, the Subsidiary Guaranty
provided pursuant to this Section 7.12 shall be released. 
 (h) Section 8.01. Section 8.01(n)
of the Credit Agreement is hereby amended to read as follows: 
 (n) Liens on the property and assets of any Person to the
extent such Liens are existing at the time such Person becomes a member of the Consolidated Group, and any renewals, extensions or replacements thereof so long as the scope of the property covered thereby is not increased, provided such Liens
are not created in contemplation thereof and do not extend to any property or assets of any other member of the Consolidated Group; 

(i) Section 8.02. Section 8.02 of the Credit Agreement is hereby amended to add a new clause
(e) immediately following clause (d) to read as follows: 
 (e) The Company may consummate the Rockwood Acquisition

 (j) Section 8.06. Section 8.06 of the Credit Agreement is hereby amended to read as follows: 

8.06 Financial Covenant. 

Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Company to be greater than 3.5:1.00;
provided that, if the Rockwood Acquisition has been consummated, the Company shall not permit the 

  
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Consolidated Leverage Ratio as of the end of any fiscal quarter of the Company set forth below to be greater than the ratio corresponding to such fiscal quarter: 

 

			
	 Fiscal Quarter
	  	Consolidated
Leverage Ratio
	 the fiscal quarter in which the Rockwood Acquisition is consummated (the “Initial Quarter”):
	  	4.5:1.00
	 the first, second and third fiscal quarters ending after the Initial Quarter:
	  	4.5:1.00
	 the fourth fiscal quarter ending after the Initial Quarter:
	  	4.25:1.00
	 the fifth fiscal quarter ending after the Initial Quarter:
	  	4.0:1.00
	 the sixth fiscal quarter ending after the Initial Quarter:
	  	3.75:1.00
	 the seventh fiscal quarter after the Initial Quarter (the “Final Quarter”):
	  	3.5:1.00
	 each fiscal quarter ending after the Final Quarter:
	  	3.5:1.00

 (k) Section 8.07. Section 8.07(c) of the Credit Agreement is hereby amended
to read as follows: 
 (c) Indebtedness of any Person to the extent such Indebtedness is existing at the time such Person
becomes a member of the Consolidated Group and, any refinancings, replacements or extensions thereof so long as the amount of such Indebtedness, plus any accrued and unpaid interest, plus any reasonable penalty, premium or defeasance costs and
reasonable fees and expenses incurred in connection with such refinancings, replacements or extensions, is not increased at the time of such refinancing, replacement or extension, provided such (i) Indebtedness is not created in
contemplation thereof and (ii) the scope of obligors liable for such Indebtedness is not increased; provided that this subclause (ii) shall not exclude the Rockwood Notes so long as the Company is in compliance with
Section 7.12; 
 (l) Section 8.09. A new Section 8.09 is hereby added to the Credit Agreement
immediately following Section 8.08 to read as follows: 
 8.09 Anti-Corruption Laws. 

Directly or indirectly, use any Credit Extension or the proceeds of any Credit Extension for any purpose which would breach
the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010 or other similar legislation in other jurisdictions. 

  
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 (m) Exhibits A, I and J. Exhibit A to the Credit Agreement is hereby
deleted in its entirety and replaced with Exhibit A attached hereto. New Exhibits I and J are hereby added to the Credit Agreement in the form of Exhibits I and J attached hereto. 

2. Effectiveness; Conditions Precedent. This Amendment shall be and become effective as of date hereof when all of the conditions set
forth in this Section 2 shall have been satisfied. 
 (a) Execution of Counterparts of Amendment. The
Administrative Agent shall have received counterparts of this Amendment, which collectively shall have been duly executed on behalf of each of the Borrowers, the Administrative Agent and the Required Lenders. 

(b) Opinions of Counsel. The Administrative Agent shall have received favorable opinions of legal counsel to the
Borrowers, addressed to the Administrative Agent and each Lender, dated as of the date hereof, and in form and substance reasonably satisfactory to the Administrative Agent. 

(c) Organization Documents, Resolutions, Etc. The Administrative Agent shall have received a certificate of a
Responsible Officer of each Borrower, in form and substance reasonably satisfactory to the Administrative Agent and its legal counsel, (i) certifying that the Organization Documents of such Borrower delivered on the Closing Date have not been
amended, supplemented or otherwise modified and remain in full force and effect as of the date hereof, or, if such Organization Documents have been amended, supplemented or otherwise modified, attaching certified copies of the Organization Documents
and (ii) attaching resolutions of such Borrower approving and adopting this Amendment, the transactions contemplated herein and authorizing the execution and delivery of this Amendment and any documents, agreements or certificates related
thereto and certifying that such resolutions have not been amended, supplemented or otherwise modified and remain in full force and effect as of the date hereof. 

(d) Lender/Arranger Fees. The Company shall have paid (i) to the Administrative Agent, for the account of each
Lender, all agreed upfront fees due and payable to such Persons on the date hereof and (ii) to the Administrative Agent and MLPFS, all fees due and payable to such Persons on the date hereof. 

Without limiting the generality of the provisions of the last paragraph of Section 10.03 of the Credit Agreement,
for purposes of determining compliance with the conditions specified in this Section 2, each Lender that has signed this Amendment shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter
required hereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the effectiveness of this Amendment specifying its objection thereto.

 3. Expenses. The Borrowers agree to reimburse the Administrative Agent for all reasonable documented out-of-pocket costs and
expenses of the Administrative Agent in connection with the preparation, execution and delivery of this Amendment, including without limitation the reasonable documented fees and expenses of Moore & Van Allen PLLC. 

  
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 4. Ratification. Each Borrower acknowledges and consents to the terms set forth herein and
agrees that this Amendment does not impair, reduce or limit any of its obligations under the Loan Documents, as amended hereby. This Amendment is a Loan Document. 

5. Authority/Enforceability. Each Borrower represents and warrants as follows: 

(a) It has taken all necessary action to authorize the execution, delivery and performance of this Amendment. 

(b) This Amendment has been duly executed and delivered by such Borrower and constitutes its legal, valid and binding
obligations, enforceable in accordance with its terms, except as such enforceability may be subject to (i) applicable Debtor Relief Laws and (ii) general principles of equity (regardless of whether such enforceability is considered in a
proceeding at law or in equity). 
 (c) No material consent, approval, authorization or order of, or filing, registration or
qualification with, any court or Governmental Authority or third party is required in connection with the execution, delivery or performance by such Borrower of this Amendment. 

(d) The execution and delivery of this Amendment does not (i) violate, contravene or conflict with any provision of its
Organization Documents or (ii) materially violate, contravene or conflict with any Laws applicable to it. 
 6. Representations and
Warranties of the Borrowers. Each Borrower represents and warrants to the Lenders that after giving effect to this Amendment (a) the representations and warranties set forth in Article VI of the Credit Agreement are true and correct in
all material respects as of the date hereof unless they specifically refer to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date, and (b) no Default exists. 

7. Counterparts/Telecopy. This Amendment may be executed in any number of counterparts, each of which when so executed and delivered
shall be an original, but all of which shall constitute one and the same instrument. Delivery of executed counterparts of this Amendment by telecopy or other secure electronic format (.pdf) shall be effective as an original. 

8. GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 9. Successors and Assigns. This Amendment shall be binding upon and inure to
the benefit of the parties hereto and their respective successors and assigns. 

  
 13 

 10. Headings. The headings of the sections hereof are provided for convenience only and
shall not in any way affect the meaning or construction of any provision of this Amendment. 
 11. Severability. If any provision of
this Amendment is held to be illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Amendment shall not be affected or impaired thereby and (b) the parties shall endeavor in
good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a
provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 
 [remainder
of page intentionally left blank] 

  
 14 

 Each of the parties hereto has caused a counterpart of this Amendment to be duly executed and
delivered as of the date first above written. 
  

							
	COMPANY:	 		 	ALBEMARLE CORPORATION,
		 		 	a Virginia corporation
				
		 		 	By:	 	 /s/ Scott A. Tozier

		 		 	Name:	 	Scott A. Tozier
		 		 	Title:	 	Sr. Vice President, CFO &CAO
			
	BELGIAN BORROWER:	 		 	ALBEMARLE GLOBAL FINANCE COMPANY SCA
			
		 		 	By: ALBEMARLE EUROPE SPRL,
		 		 	as unlimited partner
				
		 		 	By:	 	 /s/ Jan Vÿverman

		 		 	Name:	 	Jan Vÿverman
		 		 	Title:	 	General Manager, Albemarle Global Finance
		 		 		 	Company SCA.

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

							
	ADMINISTRATIVE	 		 		 	
	AGENT:	 		 	BANK OF AMERICA, N.A.,
		 		 	as Administrative Agent
				
		 		 	By:	 	 /s/ Robert Rittelmeyer

		 		 	Name:	 	Robert Rittelmeyer
		 		 	Title:	 	Vice President

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

							
	LENDERS:	 		 	BANK OF AMERICA, N.A.,
		 		 	as a Lender, L/C Issuer and Swing Line Lender
				
		 		 	By:	 	 /s/ Darren Bielawski

		 		 	Name:	 	Darren Bielawski
		 		 	Title:	 	Vice President

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

			
	JPMORGAN CHASE BANK, N.A.,
	as a Lender
		
	By:	 	 /s/ John Kushnerick

	Name:	 	John Kushnerick
	Title:	 	Vice President

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

 
			
	WELLS FARGO BANK, N.A.,
	as a Lender
		
	By:	 	 /s/ Ashley Walsh

	Name:	 	Ashley Walsh
	Title:	 	Vice President

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

			
	BNP PARIBAS,
	as a Lender
		
	By:	 	 /s/ Michael Hoffman

	Name:	 	Michael Hoffman
	Title:	 	Vice President
		
	By:	 	 /s/ Todd Grossnickle

	Name:	 	Todd Grossnickle
	Title:	 	Vice President

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

 
			
	SUMITOMO MITSUI BANKING CORPORATION,
	as a Lender
		
	By:	 	 /s/ Katsuyuki Kubo

	Name:	 	Katsuyuki Kubo
	Title:	 	Managing Director

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

			
	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.,
	as a Lender
		
	By:	 	 /s/ Mark Campbell

	Name:	 	Mark Campbell
	Title:	 	Authorized Signatory

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

 
			
	THE ROYAL BANK OF SCOTLAND PLC,
	as a Lender
		
	By:	 	 /s/ William McGinty

	Name:	 	William McGinty
	Title:	 	Director

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

 
			
	HSBC BANK USA, NATIONAL ASSOCIATION,
	as a Lender
		
	By:	 	 /s/ Jean-Philippe Huguet

	Name:	 	Jean-Philippe Huguet
	Title:	 	Director

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

			
	U.S. BANK, NATIONAL ASSOCIATION,
	as a Lender
		
	By:	 	 /s/ Steven Dixon

	Name:	 	Steven Dixon
	Title:	 	Vice President

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

			
	PNC BANK, NATIONAL ASSOCIATION,
	as a Lender
		
	By:	 	/s/ Christian S. Brown
	Name:	 	Christian S. Brown
	Title:	 	Senior Vice President

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

			
	THE NORTHERN TRUST COMPANY,
	as a Lender
		
	By:	 	 /s/ Sara Bravo McCaulay

	Name:	 	Sara Bravo McCaulay
	Title:	 	Vice President

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

			
	WHITNEY BANK,
	as a Lender
		
	By:	 	 /s/ Mark R. Phillips

	Name:	 	Mark R. Phillips
	Title:	 	Senior Vice President

  
 ALBEMARLE CORPORATION 

FIRST AMENDMENT TO CREDIT AGREEMENT 

 Exhibit A 

FORM OF COMMITTED LOAN NOTICE 

Date:            , 20     

 

	To:	Bank of America, N.A., as Administrative Agent 

  

	Re:	Credit Agreement dated as of February 7, 2014 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Credit Agreement”) among Albemarle Corporation,
a Virginia corporation (the “Company”), Albemarle Global Finance Company SCA, a Belgium partnership limited by shares (“société en commandite par actions”–“commanditaire vennootschap op
aandelen”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender. Capitalized terms used but not otherwise defined herein have the meanings provided in the Credit
Agreement. 

 Ladies and Gentlemen: 
 The
undersigned hereby requests (select one): 
  

	 ̈	A Borrowing of Committed Loans 

  

	 ̈	A conversion or continuation of Committed Loans 

 On
                    ,              (a Business Day). 

Applicable Currency:
                            . 

In the amount of $            .1 
 Comprised of
                     (Type of Committed Loan requested). 

For Eurocurrency Rate Loans: with an Interest Period of
             months. 
 Applicable
Borrower:                            . 

With respect to any Borrowing requested herein, the undersigned hereby represents and warrants that (i) such request complies with the requirements of
Section 2.01(a) of the Credit Agreement and (ii) each of the conditions set forth in Section 5.022 of the Credit Agreement has been satisfied on and as of the date of
such Borrowing. 
  

	1 	Except as provided in Sections 2.03(c) and 2.04(c) of the Credit Agreement, each Committed Borrowing of or conversion to Base Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of
$500,000 in excess thereof. 

	2 	The reference to 5.02 should be changed to 5.03 in the case of a Committed Borrowing pursuant to Section 5.03 of the Credit Agreement. 

 
			
	[APPLICABLE BORROWER]
		
	By:	 	  

	Name:	 	
	Title:	 	

 Exhibit I 

FORM OF SUBSIDIARY GUARANTY 
 See
attached. 

  
 3 

 SUBSIDIARY GUARANTY 

THIS SUBSIDIARY GUARANTY (this “Guaranty”) dated as of
[                    ] is given by each of the undersigned (the “Initial Guarantors” and along with any additional Subsidiaries of
the Company (as defined below) that become parties to this Guaranty by executing a Supplement (as defined below), the “Guarantors”), in favor of BANK OF AMERICA, N.A., in its capacity as administrative agent (in such capacity, the
“Administrative Agent”) for the holders of the Obligations. 
 W I T N E S S E T H 

WHEREAS, a credit facility has been extended to Albemarle Corporation, a Virginia corporation (the “Company”) and Albemarle
Global Finance Company SCA, a Belgium partnership limited by shares (“société en commandite par actions”–“commanditaire vennootschap op aandelen”) (collectively with the Company, the
“Borrowers” and each a “Borrower”) pursuant to that certain Credit Agreement, dated as of August 15, 2014 (as amended, modified, supplemented, increased, extended, restated, renewed, refinanced or replaced from
time to time, the “Credit Agreement”) among the Borrowers, the Lenders from time to time party thereto and the Administrative Agent; and 

WHEREAS, the Company is required to cause the Guarantors to execute and delivery this Guaranty pursuant to the terms of Section 7.12 of
the Credit Agreement. 
 NOW, THEREFORE, in consideration of these premises and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 12. Definitions. Capitalized terms used herein
but not otherwise defined herein shall have the meanings provided to such terms in the Credit Agreement. 
 13. The Guaranty. Each of
the Guarantors hereby jointly and severally guarantees to each Lender, each other holder of the Obligations and the Administrative Agent as hereinafter provided, as primary obligor and not as surety, the prompt payment of the Obligations in full
when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory cash collateralization or otherwise) strictly in accordance with the terms hereof. The Guarantors hereby further agree that if any of the Obligations
are not paid in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory cash collateralization or otherwise), the Guarantors will, jointly and severally, promptly pay the same, without any demand or
notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Obligations, the same will be promptly paid in full when due (whether at extended maturity, as a mandatory prepayment, by acceleration, as a
mandatory cash collateralization or otherwise) in accordance with the terms of such extension or renewal. 
 Notwithstanding any provision
to the contrary contained herein or in any other of the Loan Documents or the other documents relating to the Obligations, the obligations of each Guarantor under this Guaranty and the other Loan Documents shall not exceed an aggregate amount equal
to the largest amount that would not render such obligations subject to avoidance under applicable Debtor Relief Laws. 
 14. Obligations
Unconditional. The obligations of the Guarantors under Section 2 are joint and several, absolute and unconditional, irrespective of the value, genuineness, validity, regularity or enforceability of any of the Loan Documents or other
documents relating to the Obligations, or any substitution, release, impairment or exchange of any other guarantee of or security for any of the Obligations, and, to the fullest extent permitted by applicable law, irrespective of any other
circumstance whatsoever which 

  
 4 

 
might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor, it being the intent of this Section 3 that the obligations of the Guarantors hereunder
shall be absolute and unconditional under any and all circumstances. Each Guarantor agrees that such Guarantor shall have no right of subrogation, indemnity, reimbursement or contribution against any Borrower or any other Guarantor for amounts paid
under this Guaranty until such time as the Obligations have been paid in full and the Commitments have expired or terminated. Without limiting the generality of the foregoing, it is agreed that, to the fullest extent permitted by law, the occurrence
of any one or more of the following shall not alter or impair the liability of any Guarantor hereunder, which shall remain absolute and unconditional as described above: 

(a) at any time or from time to time, without notice to any Guarantor, the time for any performance of or compliance with any
of the Obligations shall be extended, or such performance or compliance shall be waived; 
 (b) any of the acts mentioned in
any of the provisions of any of the Loan Documents or other agreement or instrument referred to in the Loan Documents shall be done or omitted; 

(c) the maturity of any of the Obligations shall be accelerated, or any of the Obligations shall be modified, supplemented or
amended in any respect, or any right under any of the Loan Documents or any other agreement or instrument referred to in the Loan Documents or relating to the Obligations shall be waived or any other guarantee of any of the Obligations or any
security therefor shall be released, impaired or exchanged in whole or in part or otherwise dealt with; 
 (d) any Lien
granted to, or in favor of, the Administrative Agent or any other holder of the Obligations as security for any of the Obligations shall fail to attach or be perfected; or 

(e) any of the Obligations shall be determined to be void or voidable (including, without limitation, for the benefit of any
creditor of any Guarantor) or shall be subordinated to the claims of any Person (including, without limitation, any creditor of any Guarantor). 

With respect to its obligations hereunder, each Guarantor hereby expressly waives diligence, presentment, demand of payment, protest and all
notices whatsoever, and any requirement that the Administrative Agent, any Lender or any other holder of the Obligations exhaust any right, power or remedy or proceed against any Person under any of the Loan Documents or any other agreement or
instrument referred to in the Loan Documents or relating to the Obligations, or against any other Person under any other guarantee of, or security for, any of the Obligations. 

  
 5 

 15. Reinstatement. The obligations of each Guarantor under this Guaranty shall be
automatically reinstated if and to the extent that for any reason any payment by or on behalf of any Person in respect of the Obligations is rescinded or must be otherwise restored by any holder of any of the Obligations, whether as a result of any
Debtor Relief Law or otherwise, and each Guarantor agrees that it will indemnify the Administrative Agent, each Lender and each other holder of the Obligations on demand for all reasonable costs and expenses (including, without limitation, the fees
and expenses of counsel) incurred by the Administrative Agent, such Lender or such holder of the Obligations in connection with such rescission or restoration, including any such costs and expenses incurred in defending against any claim alleging
that such payment constituted a preference, fraudulent transfer or similar payment under any Debtor Relief Law. 
 16. Certain Additional
Waivers. Each Guarantor agrees that such Guarantor shall have no right of recourse to security for the Obligations, except through the exercise of rights of subrogation pursuant to Section 3 and through the exercise of rights of
contribution pursuant to Section 7. 
 17. Remedies. The Guarantors agree that, to the fullest extent permitted by law,
as between the Guarantors, on the one hand, and the Administrative Agent, the Lenders and the other holders of the Obligations, on the other hand, the Obligations may be declared to be forthwith due and payable as specified in Section 9.02 of
the Credit Agreement (and shall be deemed to have become automatically due and payable in the circumstances specified in said Section 9.02 of the Credit Agreement) for purposes of Section 2 notwithstanding any stay, injunction or
other prohibition preventing such declaration (or preventing the Obligations from becoming automatically due and payable) as against any other Person and that, in the event of such declaration (or the Obligations being deemed to have become
automatically due and payable), the Obligations (whether or not due and payable by any other Person) shall forthwith become due and payable by the Guarantors for purposes of Section 2. 

18. Rights of Contribution. The Guarantors hereby agree that, as among the Guarantors, if any Guarantor shall make an Excess Payment
(as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor
under this Section 7 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have been paid in full and the Commitments have terminated, and none of the Guarantors shall exercise any
right or remedy under this Section 7 against any other Guarantor until such Obligations have been paid in full and the Commitments have terminated. For purposes of this Section 7, (a) “Excess Payment”
shall mean the amount paid by any Guarantor in excess of its Ratable Share of any Obligations; (b) “Ratable Share” shall mean, for any Guarantor in respect of any payment of Obligations, the ratio (expressed as a percentage) as
of the date of such payment of Obligations of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent,
subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of all of the Borrowers
and the Guarantors (collectively, the “Loan Parties”) exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan
Parties hereunder) of the Loan Parties; provided, however, that, for purposes of calculating the Ratable Shares of the Guarantors in respect of any payment of Obligations, any Guarantor that became a Guarantor subsequent to the date of
any such payment shall be deemed to have been a Guarantor on the date of such payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such
payment; and (c) “Contribution Share” shall mean, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the
amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of 

  
 6 

 
all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to
(ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Loan Parties other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent,
subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties) of the Loan Parties other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the
Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the
financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 7 shall not be deemed to affect any right of subrogation,
indemnity, reimbursement or contribution that any Guarantor may have under Law against the Borrower in respect of any payment of Obligations. 

19. Guarantee of Payment; Continuing Guarantee. The guarantee in this Guaranty is a guaranty of payment and not of collection, is a
continuing guarantee, and shall apply to all Obligations whenever arising. 
 20. Representations and Warranties. Each Guarantor
warrants and represents to the Administrative Agent, for the benefit of the holders of the Obligations, that it is duly authorized to execute and deliver this Guaranty (or the Supplement to which it is a party, as applicable), and to perform its
obligations under this Guaranty, that this Guaranty (or the Supplement to which it is a party, as applicable) has been duly executed and delivered on behalf of such Guarantor by its duly authorized representatives; that this Guaranty (and any
Supplement to which such Guarantor is a party) is legal, valid, binding and enforceable against such Guarantor in accordance with its terms except as enforceability may be limited by Debtor Relief Laws and by general equitable principles; and that
such Guarantor’s execution, delivery and performance of this Guaranty (and any Supplement to which such Guarantor is a party) do not violate or constitute a breach of any of its Organization Documents, any agreement or instrument to which such
Guarantor is a party, or any law, order, regulation, decree or award of any governmental authority or arbitral body to which it or its properties or operations is subject. 

21. Term of Guaranty. This Guaranty shall continue in full force and effect until the Commitments are terminated and the Obligations
are paid in full. This Guaranty covers the Obligations whether presently outstanding or arising subsequent to the date hereof including all amounts advanced by the Lenders in stages or installments. 

22. Further Agreements. Each Guarantor agrees that neither the Administrative Agent, any Lender nor any other holder of the Obligations
will have any obligation to investigate the financial condition or affairs of any Borrower for the benefit of such Guarantor nor to advise such Guarantor of any fact respecting, or any change in, the financial condition or affairs of any Borrower
which might come to the knowledge of the Administrative Agent, any Lender or any other holder of the Obligations at any time, whether or not the Administrative Agent, such Lender or such holder of the Obligations knows or believes or has reason to
know or believe that any such fact or change is unknown to such Guarantor or might (or does) materially increase the risk of such Guarantor as such Guarantor or might (or would) affect the willingness of such Guarantor to continue as a guarantor
with respect to the Obligations. 
 23. Additional Liability of the Guarantors. If any Guarantor is or becomes liable for any
indebtedness owing by any Borrower to the Administrative Agent, any Lender or any other holder of the Obligations by endorsement or otherwise other than under this Guaranty, such liability shall not be in any manner impaired or reduced hereby but
shall have all and the same force and effect it would have had if this Guaranty had not existed and such Guarantor’s liability hereunder shall not be in any manner impaired or reduced thereby. 

  
 7 

 24. Cumulative Rights. All rights of the Administrative Agent, the Lenders and the other
holders of the Obligations hereunder are separate and cumulative and may be pursued separately, successively or concurrently, or not pursued, without affecting or limiting any other right of the Administrative Agent and without affecting or
impairing the liability of any Guarantor. 
 25. Successors and Assigns. This Guaranty shall be binding on and enforceable against
the Guarantors and their successors and assigns. This Guaranty is intended for and shall inure to the benefit of the Administrative Agent, the Lenders and each other holder of the Obligations, and each and every reference herein to
“Administrative Agent” shall include and refer to each and every successor or permitted assignee of the Administrative Agent at any time holding or owning any part of or interest in any part of the Obligations. Each Guarantor expressly
waives notice of transfer or assignment of all or any part of the Obligations or of the rights of the Administrative Agent hereunder. 
 26.
Application of Proceeds. Proceeds received pursuant to this Guaranty shall be applied to the Obligations in the order set forth in Section 9.03 of the Credit Agreement. 

27. Modifications. Other than in connection with the addition of additional Subsidiaries, which become parties hereto by executing a
supplement hereto in the form attached as Exhibit A (a “Supplement”), this Guaranty and the provisions hereof may not be amended, modified, waived, discharged or terminated neither this Guaranty nor any provision hereof may be
changed, waived, discharged or terminated except in writing and in accordance with this Guaranty and the Credit Agreement (including compliance with Section 11.01 of the Credit Agreement, if applicable). 

28. Costs and Expenses. The terms of Section 11.04 of the Credit Agreement with respect to costs and expenses are incorporated
herein by reference, mutatis mutandis, and the parties hereto agree to such terms. The obligations of the Guarantors under the preceding sentence shall survive termination of this Guaranty. 

29. Notices. All notices required or permitted to be given under this Guaranty shall be in conformance with Section 11.02 of the
Credit Agreement. 
 30. Governing Law; Submission to Jurisdiction; Venue; WAIVER OF JURY TRIAL. The terms of Sections 11.18 and
11.19 of the Credit Agreement with respect to governing law, submission to jurisdiction, venue and waiver of jury trial are incorporated herein by reference, mutatis mutandis, and the parties hereto agree to such terms. 

31. Headings. The headings of the sections hereof are provided for convenience only and shall not in any way affect the meaning or
construction of any provision of this Guaranty. 
 32. Severability. If any provision of any of this Guaranty is determined to be
illegal, invalid or unenforceable, such provision shall be fully severable and the remaining provisions shall remain in full force and effect and shall be construed without giving effect to the illegal, invalid or unenforceable provisions. 

33. Counterparts. This Guaranty may be executed in counterparts (and by different parties hereto in different counterparts), each of
which shall constitute an original, but all of which when taken together shall constitute a single contract, and this has the same effect as if the signature on the counterparts were on a single copy of this agreement. Delivery of executed
counterparts of this Guaranty by telecopy or other secure electronic format (.pdf) shall be effective as an original. 
 [signature pages
follow] 

  
 8 

 IN WITNESS WHEREOF, the Guarantors have caused this Guaranty to be duly executed and delivered as
of the day and year first above written. 
  

							
	INITIAL GUARANTORS:	 		 	[INSERT NAME OF GUARANTOR],
		 		 	a [                    ]
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	
				
	ADMINISTRATIVE AGENT:	 		 		 	
			
		 		 	BANK OF AMERICA, N.A.,
		 		 	as Administrative Agent
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	

 EXHIBIT A TO SUBSIDIARY GUARANTY 

SUPPLEMENT TO SUBSIDIARY GUARANTY 

Reference is hereby made to the Subsidiary Guaranty (as amended or otherwise modified from time to time, the “Guaranty”) made
as of [                    ] by [insert list of Initial Guarantors] (the “Initial Guarantors” and along with any additional
Subsidiaries of the Company that have become parties thereto and together with the undersigned, the “Guarantors”) in favor of the Administrative Agent, for the benefit of the holders of Obligations, under the Credit Agreement.
Capitalized terms used herein and not defined herein shall have the meanings given to them in the Guaranty. 
 By its execution of this
Supplement to Subsidiary Guaranty (this “Supplement”), the undersigned [NAME OF NEW GUARANTOR], a
[                            ] (the “New Guarantor”), agrees it is a Guarantor (as defined
in the Guaranty) under the Guaranty as if a signatory thereof on the effective date thereof, and the New Guarantor (a) shall comply with, and be subject to, and have the benefit of, all of the terms, conditions, covenants, agreements and
obligations set forth in the Guaranty and (b) hereby makes each representation and warranty set forth in the Guaranty. The New Subsidiary hereby agrees that (i) each reference to a “Guarantor” or the “Guarantors” in the
Guaranty and other Loan Documents shall include the New Guarantor and (ii) each reference to the “Guaranty” as used therein shall mean the Guaranty as supplemented hereby. Without limiting the generality of the foregoing terms of this
paragraph, the New Guarantor hereby jointly and severally together with the other Guarantors, guarantees to each the Administrative Agent, the Lenders and the other holder of the Obligations, as provided in the Guaranty, the prompt payment and
performance of the Obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration or otherwise) strictly in accordance with the terms thereof. 

IN WITNESS WHEREOF, New Guarantor has executed and delivered this Supplement counterpart to the Guaranty as of this
    day of             , 20    . 
  

			
	[NAME OF NEW GUARANTOR]
		
	By:	 	  

	Its:	 	  

 Exhibit J 

FORM OF SOLVENCY CERTIFICATE 

[            ], [    ] 

The undersigned, [            ], the
[            ] of Albemarle Corporation (the “Parent”), is familiar with the properties, businesses, assets and liabilities of the Parent and is duly authorized to execute
this certificate (this “Solvency Certificate”) on behalf of the Parent. 
 This Solvency Certificate is delivered pursuant
to Section 5.03(e) of the Credit Agreement dated as of February 7, 2014 (the “Credit Agreement”; terms defined therein unless otherwise defined herein being used herein as therein defined) among Parent, the other borrowers
party thereto, each lender from time to time party thereto (collectively, the “Lenders”) and Bank of America, N.A., as administrative agent thereunder (in such capacity, the “Administrative Agent”). 

As used herein, “Company” means Parent and its subsidiaries on a consolidated basis. 

1. I, [            ], hereby certify that I am the
[            ] of the Parent and that I am knowledgeable of the financial and accounting matters of the Company, the Credit Agreement and the covenants and representations (financial or
otherwise) contained therein and that, as such, I am authorized to execute and deliver this Solvency Certificate on behalf of the Parent. 

2. The undersigned certifies, on behalf of the Parent and not in [his/her] individual capacity, that [he/she] has made such investigation and
inquiries as to the financial condition of the Parent as the undersigned deems necessary and prudent for the purposes of providing this Solvency Certificate. The undersigned acknowledges that the Administrative Agent and the Lenders are relying on
the truth and accuracy of this Solvency Certificate in connection with the making of Loans under the Credit Agreement. 
 3. The undersigned
certifies, on behalf of the Parent and not in [his/her] individual capacity, that (a) the financial information, projections and assumptions which underlie and form the basis for the representations made in this Solvency Certificate were made
in good faith and were based on assumptions reasonably believed by the Parent to be fair in light of the circumstances existing at the time made; and (b) for purposes of providing this Solvency Certificate, the amount of contingent liabilities
has been computed at the amount which, in light of all the facts and circumstances existing as of the date hereof, represents the amount that can reasonably be expected to become an actual or matured liability reduced by the amount of any
contribution or indemnity that can reasonably be expected to be received. 

 BASED ON THE FOREGOING, the undersigned certifies, on behalf of the Parent and not in [his/her]
individual capacity, that, on the date hereof, before and after giving effect to the Rockwood Acquisition (and the Loans made or to be made and other obligations incurred or to be incurred on the Closing Date): 

(a) the Company is able to pay its debts and other liabilities, contingent obligations and other commitments as they mature in the normal
course of business; 
 (b) the Company does not intend to, and does not believe that it will, incur debts or liabilities beyond the
Company’s ability to pay as such debts and liabilities mature in their ordinary course; 
 (c) the Company is not engaged in a business
or a transaction, and is not about to engage in a business or a transaction, for which the Company’s assets would constitute unreasonably small capital after giving due consideration to the prevailing practice in the industry in which the
Company is engaged or is to engage; 
 (d) the fair value of the assets of the Company is greater than the total amount of liabilities,
including, without limitation, contingent liabilities, of the Company; and 
 (e) the present fair saleable value of the assets of the
Company is not less than the amount that will be required to pay the probable liability of the Company on its debts as they become absolute and matured. 

IN WITNESS WHEREOF, the undersigned has executed this Solvency Certificate as of the first date written above, solely in [his/her] capacity as
[                    ] of the Parent and not in [his/her] individual capacity. 

 

			
	Name:	 	  

	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00234-of-00352.parquet"}]