Document:

Exhibit

Exhibit 10.1
AMENDMENT NO. 2 TO
AMENDED AND RESTATED
MANAGEMENT, SERVICE & MARKETING SUPPORT AGREEMENT
BY AND BETWEEN
COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC
COLUMBIA MANAGEMENT INVESTMENT SERVICES CORP.
AND
RIVERSOURCE LIFE INSURANCE COMPANY

This Amendment No. 2 to the Amended and Restated Management, Service & Marketing Support Agreement is made and entered into as of January 1, 2017, by and between Columbia Management Investment Advisers, LLC (“CMIA”), a Minnesota limited liability company, Columbia Management Investment Services Corp. (“CMISC”), a Minnesota corporation, and RiverSource Life Insurance Company (“RSLIC”), a Minnesota corporation (each a “Party” and collectively, the “Parties”).
WHEREAS, on January 1, 2011, CMIA, CMISC and RSLIC entered into the Amended and Restated Management, Service & Marketing Support Agreement (the “Agreement”); and
WHEREAS, on October 1, 2014, CMIA, CMISC and RSLIC entered into Amendment No. 1 to the Agreement; and

WHEREAS, CMIA is the investment adviser to the open-end management investment companies identified on Schedule B (each a “Registrant”) in Amendment No. 1 to the Agreement, each of whose underlying funds are available to act as the investment vehicle for separate accounts established for variable life insurance policies and/or variable annuity contracts offered by RSLIC and other insurance companies that have entered into participation agreements with the Registrants; and

WHEREAS, RSLIC issues variable life insurance policies and variable annuity contracts (the “Contracts”); and
WHEREAS, the Parties now desire to amend the Agreement to clarify their intent with respect to: (i) the fee for services provided with respect to transfer agency and shareholder servicing, and (ii) the fee for marketing and servicing support.
NOW, THEREFORE, in consideration of their mutual promises, the Parties hereby agree as follows:

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	1.
	Unless otherwise noted or amended herein, all terms used in this Amendment No. 2 shall have the same meaning as in the Agreement.

		
	2.
	Schedule A to the Agreement is hereby deleted in its entirety and replaced with a new Schedule A, attached hereto.

		
	3.
	Except as otherwise amended herein, the Agreement shall remain in full force and effect in accordance with its terms.

(Signatures on following page.)

2

IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment No. 2 to be executed in its name and on its behalf by its duly authorized officer effective as of the date first written above.

	
			
	COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC

	 

	By:
	/s/
	Joseph D. Kringdon

	Name:
	Joseph D. Kringdon

	Title:
	Managing Director

	
			
	COLUMBIA MANAGEMENT INVESTMENT SERVICES CORP.

	 

	By:
	/s/
	Christie M. Wiley

	Name:
	Christie M. Wiley

	Title:
	Vice President-Control & Operational Risk

	
			
	RIVERSOURCE LIFE INSURANCE COMPANY

	 

	By:
	/s/
	Lynn Murphy Abbott

	Name:
	Lynn Murphy Abbott

	Title:
	Vice President-National Sales Manager & Fund Management

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Schedule A
		
	I.
	For each Fund identified through investments in the subaccounts of RSLIC except VP Core Equity Fund, the fee for services provided with respect to transfer agency and shareholder servicing shall be equal to 0.06% (6 basis points).  The fee paid for transfer agency and shareholder servicing does not include any fees paid for distribution services.

To the extent RSLIC incurs any out-of-pocket expenses related to the Funds, as set forth below, RSLIC shall be reimbursed by CMISC monthly for the following out-of-pocket expenses (for each Fund identified through investments in the subaccounts of RSLIC except VP Core Equity Fund):
•typesetting, printing, paper, envelopes, imaging, mailroom services, postage and return postage for proxy soliciting material, and proxy tabulation costs
•printing, paper, envelopes, imaging, mailroom services and postage for records of account, purchase confirmations, exchange confirmations and exchange prospectuses, redemption confirmations, redemption checks, and any other communication required to be sent to shareholders, contract owners and policy holders
•typesetting, printing, paper, envelopes, imaging, mailroom services and postage for prospectuses, annual and semiannual reports, statements of additional information, supplements for prospectuses and statements of additional information and other required mailings to shareholders, contract owners and policy holders
•other expenses incurred at the request or with the consent of the Fund

		
	II.
	A.    For all services provided by RSLIC to each Fund identified through investments in the subaccounts of RSLIC for marketing and servicing support and, with respect to VP Core Equity Fund, transfer agency and shareholder servicing hereunder, CMIA will pay a fee to RSLIC.  The fee will be calculated as follows:

		
	1.
	The rate, to be used prospectively, will be calculated as soon as possible after year end.  The rate will be calculated as follows, using actual data from the previous year:

		
	a.
	Calculate the average daily net asset balance of the funds described in II(A) above;

		
	b.
	Determine the total compensation paid to the investment manager by these funds;

		
	c.
	Divide the total of the fees determined under II(A)(1)(b)  of this Schedule A by the average daily fund balances determined under II(A)(1)(a) of this Schedule A to arrive at the effective investment manager fee in basis points;

		
	d.
	Determine the total investment management costs, excluding subadvisory expenses, incurred by CMIA for these funds;

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	e.
	Take the result under II(A)(1)(d) of this Schedule A times a reasonable profit margin as determined by a review of asset management peer companies’ profit margins, economic conditions  and consideration of internal hurdle rates;

		
	f.
	Determine the total subadvisory expenses paid to third parties by CMIA for these funds;

		
	g.
	Take the result under II(A)(1)(f) of this Schedule A times a reasonable profit margin as determined by a review of internal profit margins on subadvised funds;

		
	h.
	Add the results determined under II(A)(1)(e) and II(A)(1)(g);

		
	i.
	Divide the result determined under II(A)(1)(h) of this Schedule A by the average daily fund balances determined under II(A)(1)(a) of this Schedule A to derive the total basis points of investment management expense;

		
	j.
	Subtract the total basis points investment management expense determined under II(A)(1)(i) of this Schedule A from the effective investment manager fee in total basis points determined under II(A)(1)(c) of this Schedule A.

If the rate as calculated above is negative, the parties agree that it will be applied as if it were zero.

		
	2.
	The fee transferred from CMIA to RSLIC each month will be calculated as follows:

		
	a.
	At the end of each month, use the average daily net asset balance of the funds described in II(A) above during the month just ended;

		
	b.
	Take the rate calculated in II(A)(1) of this Schedule A times the average daily net assets;

		
	c.
	Divide the result by 12 to get the monthly fee to transfer from CMIA to RSLIC.

		
	3.
	In the event that (i) an acquisition, disposition, merger, consolidation, asset purchase, asset sale or other transaction affecting the average daily net asset balance of the Funds (a “Transaction”) occurs during a calendar year (a “Current Year”) after the prospective rate for that year has been calculated in accordance with Section II(A)(1) of this Schedule A, then (ii) the prospective rate may be recalculated in accordance with Section II(A)(1), except that the recalculation will be based on actual  Current Year data. A final adjustment will be recorded in the fourth quarter of each calendar year based on the difference between the estimated monthly fees paid by CMIA and the amount of fees actually owed to RSLIC based on application of the recalculated rate to actual year-to-date data.

B. [Intentionally omitted.]

5sum_Ex4_1

		
			Exhibit 4.1
		

		
			FOURTH SUPPLEMENTAL INDENTURE
		

		
			Fourth Supplemental Indenture (this “Supplemental Indenture”), dated as of March 30, 2017, among Peak Materials, LLC, a Delaware limited liability company, and Razorback Concrete Company, an Arkansas corporation (each, a “Guaranteeing Subsidiary”), each an indirect subsidiary of Summit Materials, LLC, a Delaware limited liability company (the “Issuer”), and Wilmington Trust, National Association, a national banking association, as trustee (the “Trustee”), Transfer Agent, Registrar and Paying Agent.
		

		
			W I T N E S S E T H
		

		
			WHEREAS, the Issuer, Summit Materials Finance Corp., a Delaware corporation (together with the Issuer, the “Issuers”), and the Guarantors have heretofore executed and delivered to the Trustee an Indenture (the “Indenture”), dated as of March 8, 2016, providing for the issuance of $250,000,000 aggregate principal amount of 8.500% Senior Notes due 2022 (the “Initial Notes”), as supplemented by that First Supplemental Indenture, dated as of April 5, 2016, as further supplemented by that Second Supplemental Indenture, dated as of May 25, 2016, and as further supplemented by that Third Supplemental Indenture, dated as of September 23, 2016;
		

		
			WHEREAS, the Indenture provides that under certain circumstances a Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which such Guaranteeing Subsidiary shall unconditionally guarantee all of the Issuers’ Obligations under the Notes and the Indenture on the terms and conditions set forth herein and under the Indenture (each, a “Guarantee”); and
		

		
			WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture.
		

		
			NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties mutually covenant and agree for the equal and ratable benefit of the Holders as follows:
		

		
			(1)Capitalized Terms.  Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.
		

		
			(2)Agreement to Guarantee.  Each Guaranteeing Subsidiary acknowledges that it has received and reviewed a copy of the Indenture and all other documents it deems necessary to review in order to enter into this Supplemental Indenture, and acknowledge and agree to (i) join and become a party to the Indenture as indicated by its signature below; (ii) be bound by the Indenture, as of the date hereof, as if made by, and with respect to, each signatory hereto; and (iii) perform all obligations and duties required of a Guarantor pursuant to the Indenture.  Each Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Indenture, including, but not limited to, Article 10 thereof.
		

		
			(3)Execution and Delivery.  Each Guaranteeing Subsidiary agrees that its Guarantee shall remain in full force and effect notwithstanding the absence of the endorsement of any notation of such Guarantee on the Notes.
		

		
			

		 

		

			 

		

 

		

		
			(4)No Recourse Against Others.  No past, present or future director, officer, employee, incorporator, member, partner or stockholder of the Issuers or any Guaranteeing Subsidiary shall have any liability for any obligations of the Issuers or the Guarantors (including any Guaranteeing Subsidiary) under the Notes, any Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation.  Each Holder by accepting Notes waives and releases all such liability.  The waiver and release are part of the consideration for issuance of the Notes.
		

		
			(5)Governing Law.  THIS SUPPLEMENTAL INDENTURE, AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS SUPPLEMENTAL INDENTURE, WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
		

		
			(6)Counterparts.  The parties may sign any number of copies of this Supplemental Indenture.  Each signed copy shall be an original, but all of them together represent the same agreement.  This Supplemental Indenture may be executed in multiple counterparts which, when taken together, shall constitute one instrument.  The exchange of copies of this Supplemental Indenture and of signature pages by facsimile or PDF transmissions shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Supplemental Indenture for all purposes.  Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.
		

		
			(7)Effect of Headings.  The Section headings herein are for convenience only and shall not affect the construction hereof.
		

		
			(8)The Trustee.  The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by each Guaranteeing Subsidiary.
		

		
			(9)Benefits Acknowledged.  Each Guaranteeing Subsidiary’s Guarantee is subject to the terms and conditions set forth in the Indenture.  Each Guaranteeing Subsidiary acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by the Indenture and this Supplemental Indenture and that the guarantee and waivers made by it pursuant to its Guarantee are knowingly made in contemplation of such benefits.
		

		
			(10)Successors.  All agreements of each Guaranteeing Subsidiary in this Supplemental Indenture shall bind its Successors, except as otherwise provided in this Supplemental Indenture.  All agreements of the Trustee in this Supplemental Indenture shall bind its successors.
		

		
			[Signatures on following page]

		

		
			 
		

		
			
		

		
			

		 

		

			 

		

 

		

		
			IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed, all as of the date first above written.
		

		
			 
		

			
					
						 

					
					
						PEAK MATERIALS, LLC

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Christopher B. Gaskill

				
	
					
						 

					
					
						Name:

					
					
						Christopher B. Gaskill

				
	
					
						 

					
					
						Title:

					
					
						Assistant Secretary

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						RAZORBACK CONCRETE COMPANY

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Christopher B. Gaskill

				
	
					
						 

					
					
						Name:

					
					
						Christopher B. Gaskill

				
	
					
						 

					
					
						Title:

					
					
						Assistant Secretary

				

		
			 
		

		
			 
		

		
			 
		

		
			

		 

		

			[Signature Page to Fourth Supplemental Indenture]

		

 

		

		
			 
		

			
					
						 

					
					
						WILMINGTON TRUST, NATIONAL ASSOCIATION, as Trustee

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Joseph O’Donnell

				
	
					
						 

					
					
						Name:

					
					
						Joseph O’Donnell

				
	
					
						 

					
					
						Title:

					
					
						Vice President

				

		
			 
		

		 

		

			[Signature Page to Fourth Supplemental Indenture]

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