Document:

Third Amendment to Credit Agreement

 Exhibit 10.1 
 THIRD AMENDMENT TO CREDIT AGREEMENT 
  

			
	Parties:	 	
		
	                    “Bank”:	 	Wells Fargo Bank, N.A.
		 	(f/k/a Wells Fargo Bank West, N.A.)
		 	1242 Pearl Street
		 	P.O. Box 227
		 	Boulder, Colorado 80302
		
	                    “Borrower”:	 	The Persons shown as parties on the signature pages hereto.
		
	Execution Date:	 	November 16, 2011

 Recitals: 
 A. Bank and each Borrower have entered into that certain 2005 Amended and Restated Credit Agreement dated as of July 29, 2005, that certain First Amendment to Credit Agreement dated October 22,
2007, and that certain Second Amendment to Credit Agreement dated October 2, 2010 (as amended, and as amended, modified, or supplemented from time to time in the future, the “Credit Agreement”) pursuant to which the Lender has
extended certain credit facilities to Borrower under the terms and conditions set forth in the Credit Agreement. 
 B. Borrower
has requested that the Bank extend the term of the loan, which the Bank is willing to do under the terms and conditions as set forth in this Third Amendment to Credit Agreement (“Third Amendment”). 

Agreement: 
 Now,
therefore, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto hereby agree as follows: 

1. Amendments to Credit Agreement. The Credit Agreement is amended as of the Effective Date as follows: 

1.1 Section 1.90 is amended to read as follows: 
 1.90 Revolving Maturity Date: means November 16, 2012. 
 2.
Conditions to Effectiveness of this Third Amendment. The effectiveness of this Third Amendment is subject to satisfaction, in the Bank’s sole discretion, of each of the following conditions precedent (the date on which all such
conditions precedent are so satisfied shall be the “Effective Date”): 

 2.1 Delivery of Executed Documents. Borrower shall have delivered to the Bank the
following document: 
 A. This Third Amendment, duly executed by each Borrower. 

2.2 Representations and Warranties. The representations and warranties of Borrower in the Credit Agreement shall be true and
correct in all material respects on and as of the Effective Date as though made on and as of such date. 
 2.3 No Event of
Default. No Event of Default shall have occurred and be continuing under the Credit Agreement as of the Effective Date of this Third Amendment. 
 2.4 Payment of Fees and Expenses. Borrower shall have paid the Bank, by wire transfer of immediately available federal funds (a) all fees presently due under the Credit Agreement (as amended
by this Third Amendment); and (b) all expenses owing as of the Effective Date pursuant to Section 13.1 of the Credit Agreement. 
 3. General Provisions. 
 3.1 No Other Modifications. The Credit
Agreement, as expressly modified herein, shall continue in full force and effect and be binding upon the parties thereto. 
 3.2
Successors and Assigns. This Third Amendment shall be binding upon and inure to the benefit of each Borrower and the Bank, and their respective successors and assigns, except that Borrower may not assign or transfer its rights or
obligations hereunder without the prior written consent of the Bank. 
 3.3 Definitions. Capitalized terms used, but not
defined, in this Third Amendment shall have the meaning set forth in the Credit Agreement. 
 3.4 Severability. Should
any provision of this Third Amendment be deemed unlawful or unenforceable, said provision shall be deemed several and apart from all other provisions of this Third Amendment and all remaining provision of this Third Amendment shall be fully
enforceable. 
 3.5 Governing Law. To the extent not governed by federal law, this Third Amendment and the rights and
obligations of the parties hereto shall be governed by, interpreted and enforced in accordance with the laws of the State of Colorado. 
 3.6 Headings. The captions or headings in this Third Amendment are for convenience only and in no way define, limit or describe the scope or intent of any provision of this Third Amendment.

 3.7 Counterparts. This Third Amendment may be executed by the parties hereto in separate
counterparts, each of which, when so executed and delivered, shall be an original, but all such counterparts shall together constitute one and the same instrument. Each counterpart may consist of a number of copies hereof, each signed by less
than all, but together signed by all, of the parties hereto. Copies of documents or signature pages bearing original signatures, and executed documents or signature pages delivered by a party by telefax, facsimile, or e-mail transmission of an Adobe® file format document (also known as a PDF 

  
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file) shall, in each such instance, be deemed to be, and shall constitute and be treated as, an original signed document or counterpart, as applicable. Any party delivering an executed
counterpart of this Third Amendment by telefax, facsimile, or e-mail transmission of an Adobe® file format
document also shall deliver an original executed counterpart of this Third Amendment, but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Third Amendment. 

[Signatures to follow on next page.] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Third Amendment to be executed as of
the Effective Date. 
  

			
	BANK:
	
	Wells Fargo Bank, N.A.
		
	By:	 	 /s/ David Marusiak

	Name: David Marusiak
	Title: Vice President/ Principal Business Relationship Manager
	
	BORROWER:
	
	Gaiam, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ Lynn Powers

	Name: Lynn Powers
	Title: President
	
	Gaiam Americas, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ Lynn Powers

	Name: Lynn Powers
	Title: President
	
	Gaiam.com, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ Lynn Powers

	Name: Lynn Powers
	Title: President

  
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	Gaiam Direct, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ Lynn Powers

	Name: Lynn Powers
	Title: President
	
	Gaiam International, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ John Jackson

	Name: John Jackson
	Title: Vice President
	
	Gaiam International II, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ John Jackson

	Name: John Jackson
	Title: Vice President
	
	Gaiam International III, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ John Jackson

	Name: John Jackson
	Title: Vice President
	
	Gaiam Media, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ Lynn Powers

	Name: Lynn Powers
	Title: President

  
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	Gaiam Shared Services, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ Lynn Powers

	Name: Lynn Powers
	Title: President
	
	Gaiam Travel, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ Lynn Powers

	Name: Lynn Powers
	Title: President
	
	GT Media, Inc., a corporation formed under the laws of the State of Colorado.
		
	By:	 	 /s/ Lynn Powers

	Name: Lynn Powers
	Title: President

  
 6Exhibit 10.19B

 Exhibit 10.19(b) 
 AMENDMENT NO. 2 
 TO THE 

CHITTENDEN CORPORATION DEFERRED COMPENSATION PLAN 
 This Amendment No. 2 to the Chittenden Corporation Deferred Compensation Plan (the “Plan”) hereby further amends the Plan as described below pursuant to authority granted by the Board. This
Amendment No. 2 shall be effective as of August 8, 2011. 
 1. Section 5.1 of the Plan is hereby amended by deleting the sentence
immediately prior to subsection (a) thereof, and replacing it with the following: 
 A Participant shall not be permitted to
change the investment of his or her existing Account at any time, except as otherwise permitted by Section 5.3 hereof. 
 2. The Plan is
hereby amended by adding a new Section 5.3 to read as follows: 
 5.3 Conversion Election. Subject to the provisions
of this Section 5.3, a Qualifying Participant may submit a written Conversion Election directing that a specified percentage of his or her Account balance as of the Conversion Date be deemed invested in the Company Stock Account rather than in
the Cash with Interest Account. 
  

	 	(a)	Definitions. For purposes of this Section 5.3: 

  

	 	i.	“Company” means People’s United Financial, Inc. 

  

	 	ii.	“Company Stock” means shares of the Company’s common stock, par value $0.01 per share. 

 

	 	iii.	“Company Stock Account” means the account established for the benefit of a Qualifying Participant who makes a Conversion Election in accordance with the
provision of this Section 5.3. 

  

	 	iv.	The “Conversion Date” shall be September 8, 2011; provided, however, that the Conversion Date may be postponed to such later date as may be designated by
the General Counsel of the Company if on September 8, 2011 directors of the Company are precluded from purchasing or selling Company stock because they are privy to material, non-public information about the Company at that time.

  

	 	v.	“Conversion Election” means the written directive contemplated by this Section 5.3. 

 

	 	vi.	“Converted Balance” means the balance in a Qualifying Participant’s Account multiplied by the percentage specified by such Qualifying Participant in a
Conversion Election form. 

  

	 	vii.	“Crediting Price” means the Fair Market Value of the Company Stock on the Conversion Date (in the case of credits to be made pursuant to section (d)(ii)
below) or on the date dividends are paid on shares of the Company Stock (in the case of credits to be made pursuant to section (e)(i) below). 

	 	viii.	“Election Deadline” means 5:00 p.m. Eastern time on September 2, 2011. 

 

	 	ix.	“Fair Market Value” means, with respect to a share of Company Stock on a specified date: 

 

	 	(A)	If the Company establishes a grantor trust in connection with the adoption of Amendment No. 2 to the Plan and directs the trustee of such trust to purchase shares
of Company Stock to cover the Company’s liability to deliver shares of Company Stock as a result of Conversion Elections made by Qualifying Participants, the average price (exclusive of all commissions and similar charges) of all shares of
Company Stock acquired by the trustee on such date or within a reasonable time thereafter; 

  

	 	(B)	if subsection (A) is not applicable, 

  

	 	1.	the mean between the high and low selling prices at which shares of Company Stock are traded on the principal securities exchange (as that term is used in
Section 6 of the Exchange Act) on which the shares are traded on such date or, if shares are not traded on such exchange on that date, the mean between the high and low selling prices at which shares of Company Stock were traded on such
exchange on the most recent day on which shares were so traded; or 

  

	 	2.	if the shares of Company Stock are not listed or admitted to trading on any such exchange, and prices of trades in shares of Company Stock are regularly reported by the
National Association of Securities Dealers Automated Quotations System, the mean between the high and low selling prices for shares on such date as reported by such system, or, if no high or low selling prices for shares of Company Stock are
reported by such system for such date, then the mean between the high and low selling prices for shares of Company Stock reported by such system for the most recent day in respect of which both high and low selling prices are quoted; or

  

	 	(C)	if subsections (A) and (B) are not applicable, the fair market value of a share of Company Stock as the Committee may determine. 

 

	 	x.	“Qualifying Participant” shall mean a Participant having an Account balance equal to or greater than $200,000 on June 30, 2011 and who (A) has not
commenced receiving any distribution of benefits pursuant to the Plan as of such date and (B) is not scheduled to begin receiving any distribution of benefits pursuant to the Plan prior to October 1, 2011. 

  
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	 	(b)	Making a Conversion Election. A Qualifying Participant who wishes to have all or a portion of his Account balance invested in the Company Stock Account must
complete, sign and return a Conversion Election form to the Company no later than the Election Deadline. The Conversion Election form will allow the Qualifying Participant to designate between 50% and 100% (in 10% increments) of his or her Account
balance for investment in this manner. 

  

	 	(c)	Conversion Irrevocable. A Conversion Election shall be irrevocable at and after the Election Deadline with respect to the percentage of the Participant’s
Account balance as is designated in his or her Conversion Election form. 

  

	 	(d)	Effect of Conversion Election. In the event a Qualifying Participant makes a Conversion Election, then on the Conversion Date: 

 

	 	i.	the Cash With Interest Account of such Qualifying Participant shall be reduced by an amount equal to his or her Converted Balance, as determined immediately prior to
the adjustment contemplated by this provision; and 

  

	 	ii.	the Company Stock Account of such Qualifying Participant shall be credited with the number of shares (including fractional interests in shares) of Company Stock which
could have been purchased with cash in an amount equal to his or her Converted Balance at the Crediting Price on the Conversion Date. 

  

	 	(e)	Earnings on Company Stock Account. As of each date of payment of dividends on Company Stock there shall be credited, with respect to the equivalent shares of
Company Stock credited to the Participant’s Company Stock Account on the record date of such dividend, the equivalent of such additional shares (including fractional interests therein) of Company Stock as follows: 

 

	 	i.	In the case of cash dividends, the number of shares that could be purchased at the Crediting Price as of such payment date with the dividends which would have been
payable on the credited shares as if they had been outstanding; and 

  

	 	ii.	In the case of dividends payable in Company Stock, the equivalent number of shares that would have been payable on the equivalent shares as if they had been
outstanding. 

  

	 	(f)	Adjustments. The total number of equivalent shares of Company Stock credited to Company Stock Accounts of Participants shall be proportionately adjusted from
time to time, as determined by the Committee, for any increase or decrease in the number of outstanding shares of Company Stock resulting from a subdivision or combination of shares of Company Stock, a dividend payable in Company Stock (to the
extent credits have not already been made with respect thereto pursuant to paragraph (e)(ii)), a reorganization or recapitalization or similar change in the Company Stock or for any other change in the capital structure of Company Stock.

  
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 3. Section 6.1(b) of the Plan is hereby amended by deleting the second and third sentences thereof, and
replacing them with the following: 
 Participants with a Cash With Interest Account only shall have their Accounts paid in the
form of cash. Participants who made a Conversion Election shall have their Accounts paid in the form of cash to the extent they have Plan balances in a Cash With Interest Account on any distribution date, and in the form of Company Stock or other
property to the extent they have Plan balances held in a Company Stock Account on any distribution date, except that cash shall be paid in lieu of any fractional shares of Company Stock credited to the Participant’s Company Stock Account.

 IN WITNESS WHEREOF, the Company has caused this Amendment No. 2 to the Chittenden Corporation Deferred Compensation Plan to be executed
by its officer duly authorized on this 8th day of August, 2011. 
 PEOPLE’S UNITED FINANCIAL, INC. 

As successor by merger to 
 Chittenden
Corporation 
  

			
	 By:
	 	/s/ David K. Norton                    
		 	David K. Norton
		 	Senior Executive Vice President

  
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