Document:

EX-10.2

 Exhibit 10.2 

EXECUTION COPY 

AMENDMENT NO. 1 TO RECEIVABLES PURCHASE AGREEMENT 

This RECEIVABLES PURCHASE AGREEMENT AMENDMENT NO. 1, dated as of September 22, 2014 (this “Amendment”), is entered into
among HSFR, INC., a Delaware corporation, as seller (the “Seller”), THE PURCHASERS LISTED ON THE SIGNATURE PAGES HERETO (the “Purchasers”), THE PURCHASER AGENTS LISTED ON THE SIGNATURE PAGES HERETO (the
“Purchaser Agents”), THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., NEW YORK BRANCH, as agent (in such capacity, together with its successors and assigns in such capacity, the “Agent”) for each Purchaser Group, and, solely
with respect to Section 10, HENRY SCHEIN, INC. (“HS”), a Delaware corporation, as performance guarantor (the “Performance Guarantor”). 

BACKGROUND 
 The Seller,
HS, as initial Servicer, Purchasers, Purchaser Agents and Agent are also parties to a Receivables Purchase Agreement, dated as of April 17, 2013 (as amended by that certain Omnibus Amendment No. 1, dated as of July 22, 2013, that
certain Omnibus Amendment No. 2, dated as of April 21, 2014, and as further amended, restated, supplemented or otherwise modified from time to time, the “Receivables Purchase Agreement”). The parties are entering into this
Amendment to amend or otherwise modify the Receivables Purchase Agreement. 
 AGREEMENT 

1. Definitions. Capitalized terms are used in this Amendment as defined in Exhibit I to the Receivables Purchase Agreement. 

2. Amendments. Each of the parties hereto (other than the Performance Guarantor) agrees that the Receivables Purchase Agreement is
hereby amended as follows: 
 (a) Exhibit I. 

(i) The definition of “Eligible Receivable” is hereby amended by: (A) deleting the word “and” from the
end of clause (t), (B) replacing the period at the end of clause (u) with the text “; and” in its place and (C) adding the following new clause (v) to read as follows: 

“(v) which has a related Obligor that is not a Sanctioned Person.”; 

(ii) The definition of “Scheduled Facility Termination Date” in Exhibit I is hereby amended and restated in its
entirety to read as follows: 
 ““Scheduled Facility Termination Date” means
April 15, 2017; provided that the Seller may, with the prior written consent of the Agent and each Purchaser, extend the then existing Scheduled Facility Termination Date for a term of one year by providing written notice to the Agent on or
before each anniversary of April 15th that is two years prior to the then existing Scheduled Facility Termination Date of its request to extend the then existing Scheduled Facility
Termination Date for one year.”; and 

 (iii) The following definitions are hereby added to Exhibit I in appropriate
alphabetical order: 
 ““Anti-Corruption Laws” means all laws, rules, and regulations of any
jurisdiction applicable to the Seller Parties or their respective Subsidiaries from time to time concerning or relating to bribery or corruption, including the Foreign Corrupt Practices Act of 1977, as amended, and any applicable law or regulation
implementing the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.” 

“Sanctioned Country” means, at any time, a country or territory which is the subject or target of any
Sanctions, including on September 19, 2014, Cuba, Burma (Myanmar), Iran, North Korea, Sudan and Syria. 

“Sanctioned Person” means, at any time, (a) any Person currently the subject or the target of any
Sanctions, including any Person listed in any Sanctions-related list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State, and (b) any Person controlled
by any such Person. 
 “Sanctions” means economic, financial or other sanctions or trade embargoes imposed,
administered or enforced from time to time by the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State, or other relevant sanctions authority,
including the U.S. and Canada. 
 “Volcker Rule” means Section 13 of the U.S. Bank Holding Company Act
of 1956, as amended, and the applicable rules and regulations thereunder.”; 
 (b) Section 5.1. Section 5.1 is hereby
amended by: 
 (i) amending and restating clause (s) in its entirety to read as follows: 

“(s) Investment Company. The Seller (i) is not a “covered fund” under the Volcker Rule and
(ii) is not an “investment company” or a company “controlled by an investment company” within the meaning of the Investment Company Act of 1940, as amended. In determining that the Seller is not a covered fund, the Seller
either does not rely solely on the exemption from the definition of “investment company” set forth in Section 3(c)(1) and/or 3(c)(7) of the Investment Company Act of 1940 or is entitled to the benefit of the exclusion for loan
securitizations in the Volcker Rule under 17 C.F.R. 75.10(c)(8).”; and 
 (ii) adding a new clause (v) at the end
thereof to read as follows: 
 “(v) Anti-Corruption Laws and Sanctions. Policies and procedures have been
implemented and maintained by or on behalf of each of the Seller Parties that are designed to achieve compliance by the Seller Parties and their respective Subsidiaries, directors, officers, employees and agents with Anti-Corruption Laws and
applicable 

  
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Sanctions, giving due regard to the nature of such Person’s business and activities, and each of the Seller Parties, their respective Subsidiaries and their respective officers and employees
and, to the knowledge of each of the Seller Parties, its respective officers, employees, directors and agents acting in any capacity in connection with or directly benefitting from the credit facility established hereby, are in compliance with
Anti-Corruption Laws and applicable Sanctions, in each case in all material respects. None of (i) the Seller Parties or any of their respective Subsidiaries or, to the knowledge of the Seller Parties, as applicable, any of their respective
directors, officers, employees, or agents that will act in any capacity in connection with or directly benefit from the credit facility established hereby, is a Sanctioned Person, and (ii) the Seller Parties nor any of their respective
Subsidiaries is organized or resident in a Sanctioned Country. No Purchase or use of proceeds thereof by any Seller Party in any manner will violate Anti-Corruption Laws or applicable Sanctions.”; 

(c) Section 7.1. Section 7.1 is hereby amended by adding a new clause (q) at the end thereof to read as follows: 

“(q) Anti-Corruption Laws and Sanctions. Policies and procedures will be maintained and enforced by or on behalf of
the Seller that are designed in good faith and in a commercially reasonable manner to promote and achieve compliance, in the reasonable judgment of the Seller, by the Seller and each of its Subsidiaries and their respective directors, officers,
employees and agents with Anti-Corruption Laws and applicable Sanctions, in each case giving due regard to the nature of such Person’s business and activities.”; 

(d) Section 7.2. Section 7.2 is hereby amended by adding a new clause (l) at the end thereof to read as follows: 

“(l) Anti-Corruption Laws and Sanctions. The Seller will not request any Purchase, and shall procure that its
Subsidiaries and its or their respective directors, officers, employees and agents shall not use, the proceeds of any Purchase (i) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or
anything else of value, to any Person in violation of any Anti-Corruption Laws, (ii) for the purpose of funding or financing any activities, business or transaction of or with any Sanctioned Person, or in any Sanctioned Country, in each case to
the extent doing so would violate any Sanctions, or (iii) in any other manner that would result in liability to any party hereto under any applicable Sanctions or the violation of any Sanctions by any such Person. 

(e) Section 7.3 Section 7.3 is hereby amended by adding a new clause (s) at the end thereof to read as follows: 

“(s) Anti-Corruption Laws and Sanctions. Policies and procedures will be maintained and enforced by or on behalf of
each of the Servicer and each Originator that are designed in good faith and in a commercially reasonable manner to promote and achieve compliance, in the reasonable judgment of the Servicer and each Originator, by the Servicer and each Originator
and each of their respective Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions, in each case giving due regard to the nature of such Person’s business and
activities.”; 

  
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 (f) Section 7.4 Section 7.4 is hereby amended by adding a new clause (g) at
the end thereof to read as follows: 
 “(g) Anti-Corruption Laws and Sanctions. The Servicer and each
Originator shall not use, and each of the Servicer and each Originator shall procure that its Subsidiaries and its or their respective directors, officers, employees and agents shall not use, the proceeds of any Purchase (i) in furtherance of
an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws, (ii) for the purpose of funding or financing any activities, business or
transaction of or with any Sanctioned Person, or in any Sanctioned Country, in each case to the extent doing so would violate any Sanctions, or (iii) in any other manner that would result in liability to any party hereto under any applicable
Sanctions or the violation of any Sanctions by any such Person.”; 
 (g) Section 9.1(e). Clause (ii) of
Section 9.1(e) is hereby amended to replace the phrase “Indebtedness in excess of $75,000,000” with the phrase “Indebtedness in excess of $150,000,000”; and 

(h) Section 9.1(m). Section 9.1(m) is hereby amended to replace the phrase “as in effect on September 12, 2012”
with the phrase “as in effect on September 22, 2014”. 
 3. Conditions. The amendment described in
Section 2 above shall become effective upon the satisfaction of the following conditions: 
 (a) the Agent shall
have received counterparts of this Amendment duly executed and delivered on behalf of each of the other parties hereto; and 

(b) the Seller shall have paid all fees due and payable under that certain fee letter, dated as of the date hereof, between the
Seller, Servicer, Agent and The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch, as Purchaser Agent. 
 4. Representations and
Warranties. The Seller hereby certifies, represents and warrants to the Agent, each Purchaser Agent and each Purchaser that on and as of the date hereof: 

(a) each of its representations and warranties contained in Article V of the Receivables Purchase Agreement is true and
correct, in all material respects, on and as of the date hereof; and 
 (b) no Termination Event or Unmatured Termination
Event exists. 
 5. Ratification. This Amendment constitutes an amendment to the Receivables Purchase Agreement. After the execution
and delivery of this Amendment, all references to the Receivables Purchase Agreement in any document shall be deemed to refer to the Receivables 

  
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Purchase Agreement as amended by this Amendment, unless the context otherwise requires. Except as amended above, the Receivables Purchase Agreement is hereby ratified in all respects. Except as
set forth above, the execution, delivery and effectiveness of this Amendment shall not operate as an amendment or waiver of any right, power or remedy of the parties hereto under the Receivables Purchase Agreement, nor constitute an amendment or
waiver of any provision of the Receivables Purchase Agreement. This Amendment shall not constitute a course of dealing among the parties hereto at variance with the Receivables Purchase Agreement such as to require further notice by any of the
Agent, the Purchaser Agents or the Purchasers to require strict compliance with the terms of the Receivables Purchase Agreement in the future, as amended by this Amendment, except as expressly set forth herein. The Seller hereby acknowledges and
expressly agrees that each of the Agent, the Purchaser Agents and the Purchasers reserves the right to, and does in fact, require strict compliance with all terms and provisions of the Receivables Purchase Agreement, as amended herein. 

6. Counterparts. This Amendment may be executed in any number of counterparts and by different parties on separate counterparts, and
each counterpart shall be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. Counterparts of this Amendment may be delivered by facsimile transmission or other electronic transmission, and
such counterparts shall be as effective as if original counterparts had been physically delivered, and thereafter shall be binding on the parties hereto and their respective successors and assigns. 

7. Governing Law. This Amendment shall be governed by, and construed in accordance with the law of the State of New York without regard
to the principles of conflicts of law thereof (other than Sections 5-1401 and 5-1402 of the New York General Obligations Law). 
 8.
Section Headings. The various headings of this Amendment are inserted for convenience only and shall not affect the meaning or interpretation of this Amendment, the Receivables Purchase Agreement or any other Transaction Document or any
provision hereof or thereof. 
 9. Transaction Document. This Amendment shall constitute a Transaction Document under the Receivables
Purchase Agreement. 
 10. Ratification of Performance Undertaking. After giving effect to this Amendment and the transactions
contemplated hereby, all of the provisions of the Performance Undertaking shall remain in full force and effect and the Performance Guarantor hereby ratifies and affirms the Performance Undertaking and acknowledges that the Performance Undertaking
has continued and shall continue in full force and effect in accordance with its terms. 
 [Signature Pages Follow] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their
respective officers hereunto duly authorized as of the day and year first above written. 
  

			
	HSFR INC.,
	as Seller
		
	By:	 	 /s/ Ferdinand G. Jahnel

		 	Name: Ferdinand G. Jahnel
		 	Title: Treasurer
	
	Solely with respect to Section 10:
	
	 HENRY SCHEIN, INC.,
 as Performance
Guarantor

		
	By:	 	 /s/ Ferdinand G. Jahnel

		 	Name: Ferdinand G. Jahnel
		 	Title: Treasurer

  

  

					
		  	S-1	  	 Receivables Purchase Agreement

Amendment No. 1

 
			
	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., NEW YORK BRANCH, as Purchaser Agent for the Victory Purchaser Group
		
	By:	 	 /s/ Luna Mills

		 	Name: Luna Mills
		 	Title: Director
	
	VICTORY RECEIVABLES CORPORATION, as Conduit Purchaser
		
	By:	 	 /s/ David V. DeAngelis

		 	Name: David V. DeAngelis
		 	Title: Vice President

  

					
		  	S-2	  	 Receivables Purchase Agreement

Amendment No. 1

 
			
	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., NEW YORK BRANCH,
	as Agent
		
	By:	 	 /s/ Luna Mills

		 	Name: Luna Mills
		 	Title: Director

  

					
		  	S-3	  	 Receivables Purchase Agreement

Amendment No. 1EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 

WAREHOUSING COMMITMENT TERMINATION AGREEMENT 

THIS WAREHOUSING COMMITMENT TERMINATION AGREEMENT (this “Agreement”) is made as of September 24, 2014, by and among
WALKER & DUNLOP, LLC (the “Borrower”), BANK OF AMERICA, N.A., as Credit Agent (in such capacity, the “Credit Agent”), and the LENDERS party to this Agreement (the “Lenders”). 

RECITALS: 
 The
Borrower, the Credit Agent, and the Lenders are parties to, among other documents, instruments, and agreements, that certain Warehousing Credit and Security Agreement dated as of September 4, 2012 (as amended, supplemented, or otherwise
modified to the date hereof, the “Loan Agreement”). Capitalized terms used in this Agreement without definition have the meanings specified therefor in the Loan Agreement. 

The Borrower and TD Bank, N.A. (“TD”), which is a Lender, have requested that, as of the TD Commitment Termination Date (as
hereafter defined), the Credit Agent and Bank of America, N.A., in its capacity as the only Lender other than TD (in such capacity as a Lender, “Bank of America”), agree to permit the termination of TD’s Warehousing Commitment
and the repayment of all amounts due to TD as a Lender under the Loan Agreement. 
 The Credit Agent and Bank of America have agreed to the
foregoing requests, on, and subject to, the terms and conditions set forth herein, 
 NOW, THEREFORE, for good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Borrower, the Credit Agent, and the Lenders agree as follows: 
 1.
Termination of Warehousing Commitment of TD. 
 (a) Notwithstanding any provisions of the Loan Agreement or other Loan
Documents, as of the TD Commitment Termination Date, automatically and without need for further documentation (i) the Warehousing Commitment of TD shall terminate, (ii) for all purposes TD shall cease being a Lender, (iii) all
obligations of TD as a Lender shall terminate, and (iv) the Warehousing Credit Limit shall be reduced to $425,000,000.00. The Warehousing Commitment of Bank of America shall not be affected. To reflect the foregoing, Exhibit M to the
Loan Agreement shall be deemed replaced as of the TD Commitment Termination Date with Exhibit M to this Agreement. 

(b) Notwithstanding the foregoing, any Obligations of the Borrower which by their terms are to survive the termination of
TD’s Warehousing Commitment and the payment of outstanding amounts due to TD under the Loan Agreement, including, without limitation, indemnification and reinstatement obligations, shall survive the termination of TD’s Warehousing
Commitment pursuant to this Agreement, and each such obligation is hereby reaffirmed by the Borrower. 

 (c) As used herein the term “TD Commitment Termination Date”
means the date, which date shall not be after September 26, 2014, specified in a notice (the “Termination Notice”) from an Authorized Representative to the Credit Agent (which notice, notwithstanding any provision of the Loan
Agreement, may be given by email) and which date is specifically confirmed by the Credit Agent to such Authorized Representative (which confirmation, notwithstanding any provision of the Loan Agreement, may be given by email), subject to the
satisfaction of the following: 
 (i) By 4:00 p.m. on the first Business Day following the date specified in the Termination
Notice (such first Business Day, the “Principal Payment Date”), the Borrower shall pay to the Credit Agent, to be disbursed to TD, an amount equal to the then outstanding principal amount of Warehousing Advances made by TD. Provided
that the Warehousing Credit Limit (after giving effect to this Agreement) and Bank of America’s Warehousing Commitment Amount would not be exceeded, the repayment of the outstanding principal amount of TD’s Warehousing Advances as of such
date may be accomplished through a like amount increase of the outstanding principal amount of Bank of America’s Warehousing Advances, the proceeds of which shall be paid directly by Bank of America to TD. Accrued and unpaid interest to, but
not including, the Principal Payment Date on TD’s Warehousing Advances shall be paid to TD by the Credit Agent from the first payment of interest received by the Credit Agent from the Borrower following the TD Commitment Termination Date. 

(ii) No Default or Event of Default will exist on the date of the Termination Notice, on the TD Commitment Termination Date, or
on the Principal Payment Date. 
 (iii) The Borrower shall have delivered to the Credit Agent such certificates of
resolutions or other actions, incumbency certificates and/or other certificates of an authorized officer of the Borrower as the Credit Agent may require evidencing (A) the authority of the Borrower to enter into this Agreement and any other
documents to be executed and delivered in connection herewith (collectively, the “Termination Documents”), and (B) the identity, authority and capacity of each officer of the Borrower authorized to act on its behalf in
connection with this Agreement and the other Transaction Documents. 
 2. Acknowledgments by Borrower. The Borrower acknowledges,
confirms and agrees that: 
 (a) This Agreement is a Loan Document. 

(b) Except as provided herein, the terms and conditions of the Loan Agreement and the other Loan Documents remain in full force
and effect, and the Borrower hereby (x) ratifies, confirms and reaffirms all and singular of the terms and conditions of the Loan Agreement and the other Loan Documents, and (y) represents and warrants that: 

(i) No Default or Event of Default exists as of the date the Borrower executes this Agreement, nor will a Default or Event of
Default exist as of the TD Commitment Termination Date or the Principal Payment Date. 

  
 -2- 

 (ii) The representations and warranties made by the Borrower in the Loan
Agreement and the other Loan Documents are true and correct as of the date hereof, and will be true and correct as of the TD Commitment Termination Date and the Principal Payment Date, except as to (A) matters which speak to a specific date,
and (B) changes in the ordinary course to the extent permitted and contemplated by the Loan Agreement. 
 (iii) The
Borrower has the power and authority and legal right to execute, deliver and perform the Termination Documents, has taken all necessary action to authorize the execution, delivery, and performance of the Termination Documents, and the person
executing and delivering the Termination Documents on behalf of the Borrower is and will be duly authorized to do so. 
 (iv)
Each Termination Document has been or will be duly executed and delivered by the Borrower, and constitutes or will constitute the legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms,
subject to the effect of applicable bankruptcy and other similar laws affecting the rights of creditors generally and the effect of equitable principles whether applied in an action at law or a suit in equity. 

(c) The Borrower does not have any offsets, defenses, claims, counterclaims or causes of action of any kind or nature against
the Credit Agent or any Lender with respect to any of its liabilities and obligations to the Credit Agent or any Lender, and, in any event, the Borrower specifically waives, releases, and forever relinquishes all claims, demands, obligations,
liabilities, and causes of action of whatever kind or nature, whether known or unknown, which it has or may have, from the beginning of the world to both the date hereof and the TD Commitment Termination Date and the Principal Payment Date, against
the Credit Agent, or any Lender or their respective current or former Affiliates, officers, directors, employees, agents, attorneys, independent contractors, and predecessors, together with their successors and assigns, directly or indirectly
arising out of or based upon any matter related to the Loan, the Obligations, the Loan Agreement, any other Loan Documents, or the administration thereof. 

  
 -3- 

 3. Miscellaneous. 

(a) This Agreement shall be governed in accordance with the internal laws of the Commonwealth of Massachusetts (without regard
to conflict of laws principles) as an instrument under seal. 
 (b) This Agreement may be executed in one or more
counterparts, each of which when so executed shall be deemed to be an original, but all of which when taken together shall constitute one and the same instrument. Signatures transmitted electronically (including by fax or e-mail) shall have the same
legal effect as originals, but each party nevertheless shall deliver originally signed counterparts of this Agreement to each other party. 

(c) This Agreement constitutes the complete agreement among the Borrower, the Credit Agent, and the Lenders with respect to the
subject matter of this Agreement and supersedes all prior agreements and understanding relating to the subject matter of this Agreement, and may not be modified, altered, or amended except in accordance with the Loan Agreement. 

(d) Time is of the essence with respect to all aspects of this Agreement. 

[Remainder of page intentionally left blank] 

  
 -4- 

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

			
	WALKER & DUNLOP, LLC
		
	By	 	 /s/ Stephen P. Theobald

	Name:	 	Stephen P. Theobald
	Title:	 	Executive Vice President, Chief Financial Officer and Treasurer
	
	BANK OF AMERICA, N.A., as Credit Agent and a Lender
		
	By	 	 /s/ David H. Craig

	Name:	 	David H. Craig
	Title:	 	Senior Vice President
	
	TD BANK, N.A.
		
	By	 	 /s/ Richard Hay

	Name:	 	Richard Hay
	Title:	 	Vice President

 Signature page to Warehousing Commitment Termination Agreement 

 EXHIBIT M 
  

									
	 Lender Name

and Notice Information
	  	Commitment Amount	 	  	Commitment
Percentage	 
	 Bank of America, N.A.
 225 Franklin Street

MA1-225-02-04, 2nd Floor
 Boston Massachusetts 02110

Attention: Jane E. Huntington
  Senior
Vice President
 Fax No.: (617) 346-5025
 e-mail:
jane.e.huntington@baml.com
	  	$	425,000,000.00	  	  	 	100	%

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