Document:

Exhibit 10.1

 

 

 

To:                              Citibank International plc

 

as Agent under the Facility Agreement (as defined below)

 

18 July 2011

 

Facility Agreement - Amendment Request Letter

 

1.                                      BACKGROUND

 

1.1                                 We refer to the facility agreement dated 15 October 2010 between, amongst others, AON Corporation (the Company)  and certain of its Subsidiaries, Citigroup Global Markets Limited, ING Bank N.V. and The Royal Bank of Scotland plc as mandated lead arrangers, Citibank International plc as agent and certain lenders as set out therein (the Facility Agreement).

 

1.2                                 Words and expressions defined in the Facility Agreement have the same meanings when used in this letter unless otherwise provided or the context otherwise requires.

 

1.3                                 The Company is requesting the amendments as set out in this letter (the Request letter).

 

2.                                      AMENDMENT REQUEST

 

2.1                                 In accordance with clause 35 (Amendments and waivers)  of the Facility Agreement, we hereby request the consent of the Majority Lenders (as defined in the Facility Agreement) to the amendments of the provisions of the Facility Agreement as set out below.

 

2.2                                 Clause 20.1 (a) (Financial Statements)  of the Facility Agreement is hereby amended and restated in its entirety to read as follows:

 

“The Company shall supply to the Agent in sufficient copies for all the Lenders:

 

(a)                                  as soon as the same become available, (but in any event, in the case of the Company, within 90 days after the end of each of its Financial Years and, in the case of each other Obligor, within the time limit provided by law for the filing of the same);

 

(i)                                     its audited consolidated financial statements for that Financial Year;

 

(ii)                                  the unaudited financial statements for each of Aon Southern Europe B.V. and Aon Group International B.V. for that Financial Year; and

 

(iii)                               the financial statements of each other Obligor for that Financial Year audited to the extent required by the law of the jurisdiction of incorporation of such Obligor,

 

together with, where appropriate, a copy of the management letter (if any) addressed by the auditors to the directors of the relevant Obligor in

 

Corporate Treasury

200 East Randolph Street | Chicago, IL 60601

t: +1.312.381.1000 | f: +1.312.381.6060

w: aon.com

 

connection with its auditing of the relevant accounts as soon as reasonably practicable after receipt of the letter by that Obligor.”

 

2.3                             The definition of “EBITDA” included at clause 21.3 (Definitions)  is hereby amended and restated in its entirety to read as follows:

 

““EBITDA” means Consolidated Net Income plus (a) to the extent deducted from revenues in determining Consolidated Net Income, (i) Consolidated Interest Expense, (ii) expense for taxes paid or accrued, (iii) depreciation, (iv) amortisation, (v) extraordinary losses incurred other than in the ordinary course of business, (vi) the Transaction Costs and (vii) non recurring cash charges incurred for such period in connection with the Merger in an amount not to exceed US$50,000,000 in aggregate during the term of this Agreement minus (b) to the extent included in Consolidated Net Income, extraordinary gains realised other than in the ordinary course of business, all calculated for the Group on a consolidated basis provided that, for the purposes of Clause 21.1(b) only, if any acquisition occurs during a Relevant Period, EBITDA for such Relevant Period shall be calculated on a pro forma basis giving effect to any one or more of such acquisitions if the Company in its discretion shall so elect.”

 

3.                                CONSENT

 

3.1                             By your countersignature hereto, you hereby confirm that the amendments requested in this letter have been given by the Majority Lenders.

 

4.                                CONFIRMATIONS

 

4.1                            The provisions of the Facility Agreement and the other Finance Documents shall, save as amended by this Request Letter, continue in full force and effect and the Facility Agreement and this Request Letter will be read and construed as one document.

 

4.2                            The Repeating Representations are made by the Company (by reference to the facts and circumstances then existing) on the date that the amendments become effective in accordance with paragraph 3 above.

 

4.3                            Each Obligor hereby confirms for the benefit of the Finance Parties that the guarantee and indemnity obligations assumed by it under Clause 18 (Guarantee and indemnity) of the Facility Agreement shall continue in full force and effect and shall extend to the obligations of the Obligors under the Facility Agreement as amended by this Request Letter notwithstanding the imposition of any amended, additional or more onerous obligations.

 

5.                                MISCELLANEOUS

 

5.1                           Save as expressly set out in this letter, nothing in this letter shall constitute or be construed as a waiver or compromise of any other term or condition of the Finance Documents or any of the Finance Parties’ rights in relation to them which, for the avoidance of doubt, shall continue to apply in full force and effect.

 

5.2                           This letter is a Finance Document for the purposes of the Facility Agreement.

 

5.3                           This letter may be executed in any number of counterparts and all those counterparts taken together shall be deemed to constitute one and the same letter. Delivery of a counterpart of this letter by e-mail attachment or telecopy shall be an effective mode of delivery.

 

2

 

5.4                                 This letter and any non-contractual obligations arising out of or in relation to this letter are governed by English law. The parties submit to the non-exclusive jurisdiction of the English courts.

 

 

Yours faithfully

 

 

	
/s/   Paul Hagy
    	
 
    
	
for   and on behalf of
    	
 
    
	
AON   Corporation
    	
 
    
	
for itself and as agent of the Obligors pursuant   to clause 2.4 of the Facility Agreement
    

 

3

 

We acknowledge and agree to the amendment request

 

 

	
/s/   Aimee Flynn
    	
 
    

for and on behalf of Citibank International plc

 

 

as Agent (as defined in the Facility Agreement)

(acting on the instructions of the Majority Lenders

pursuant to clause 35.1 (Amendments and waivers)  of the Facility Agreement)

 

4Exhibit 4.1

	
 
    

 

SECOND SUPPLEMENTAL INDENTURE

 

Supplementing the Indenture Dated as of May 17, 2011

 

EARTHLINK, INC.,

 

as Company,

 

and the Subsidiary Guarantors party hereto

 

and

 

DEUTSCHE BANK TRUST COMPANY AMERICAS,

 

as Trustee

 

 

8-7/8% Senior Notes due 2019

 

 

Dated as of September 27, 2011

	
 
    

 

 

SECOND SUPPLEMENTAL INDENTURE, dated as of September 27, 2011 by and among EarthLink, Inc. a Delaware corporation (the “Company”), Business Vitals, LLC, a South Carolina limited liability company (the “Additional Subsidiary Guarantor”), the Subsidiaries of the Company parties hereto (the “Subsidiary Guarantors”), and Deutsche Bank Trust Company Americas (the “Trustee”), as Trustee under the Indenture, dated as of May 17, 2011, as amended by that First Supplemental Indenture, dated as of June 7, 2011 (as amended, “Base Indenture”);

 

Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed thereto in the Base Indenture;

 

RECITALS

 

WHEREAS, the Company has heretofore executed and delivered to the Trustee the Base Indenture providing for the issuance by the Company of $300,000,000 aggregate principal amount of its 8-7/8% Senior Notes due 2019 (the “Notes”);

 

WHEREAS, the Additional Subsidiary Guarantor is required to be a Subsidiary Guarantor under the definition of “Subsidiary Guarantor” in the Base Indenture;

 

WHEREAS, pursuant to Sections 4.19 and 10.03 of the Base Indenture, the Additional Subsidiary Guarantor desires to become a Subsidiary Guarantor under the Base Indenture;

 

WHEREAS, Sections 4.19 and 10.03 provide that the Company shall cause the Additional Subsidiary Guarantor to execute and deliver a supplemental indenture pursuant to which such Additional Subsidiary Guarantor will guarantee the payment and performance of the Notes, and upon such execution and delivery of a supplemental indenture, the Additional Subsidiary Guarantor will be deemed to be a Subsidiary Guarantor for all purposes under the Base Indenture, including, without limitation, Article 10 of the Base Indenture.

 

WHEREAS, pursuant to Section 11.03 of the Base Indenture, there have been delivered to the Trustee on the date hereof an Officer’s Certificate and Opinion of Counsel certifying, among other things, that the covenants and conditions under the Base Indenture relating to execution and delivery of the Second Supplemental Indenture have been complied with; and

 

WHEREAS, all things necessary to make this Second Supplemental Indenture a valid supplement to the Base Indenture according to its terms and the terms of the Base Indenture have been done.

 

NOW, THEREFORE, in consideration of the foregoing and the mutual premises and covenants contained herein and for other good and valuable consideration, the parties hereto agree as follows:

 

 

ARTICLE ONE

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

 

Section 1.01.          References.  Each reference to a particular section set forth in this Second Supplemental Indenture shall, unless the context otherwise requires, refer to this Second Supplemental Indenture.

 

ARTICLE TWO

AGREEMENT TO GUARANTEE

 

Section 2.01.          Additional Subsidiary Guarantor.  The Additional Subsidiary Guarantor, by its signature below, agrees to become a Subsidiary Guarantor under the Indenture with respect to the Notes and agrees to be subject to all of the terms, conditions, waivers and covenants applicable to a Subsidiary Guarantor under the Base Indenture. Upon its execution hereof, the Additional Subsidiary Guarantor acknowledges that it shall be a Subsidiary Guarantor for all purposes set forth in the Indenture, effective as of the date hereof.

 

ARTICLE THREE

MISCELLANEOUS PROVISIONS

 

Section 3.01.          Confirmation of Base Indenture. The Base Indenture, as heretofore supplemented and amended by this Second Supplemental Indenture is in all respects ratified and confirmed and the Base Indenture, this Second Supplemental Indenture and all indentures supplemental thereto shall be read, taken and construed as one and the same instrument.

 

Section 3.02.          Governing Law.  THIS SECOND SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.  THE TRUSTEE, THE COMPANY, THE ADDITIONAL SUBSIDIARY GUARANTOR, THE SUBSIDIARY GUARANTORS AND THE HOLDERS AGREE TO SUBMIT TO THE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SECOND SUPPLEMENTAL INDENTURE.

 

Section 3.03.          Separability.  In case any provision in this Second Supplemental Indenture shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

 

Section 3.04.          Counterparts.  This Second Supplemental Indenture may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same document.

 

Section 3.05.          Effect of Headings.  The Section headings herein are for convenience of reference only, are not to be considered a part hereof and shall in no way modify or restrict any of the terms and provisions hereof.

 

Section 3.06.          Trustee Makes No Representations.  The Trustee makes no representations as to the validity or sufficiency of this Second Supplemental Indenture.  The recitals of fact 

 

2

 

contained herein shall be taken as statements solely of the Company and the Trustee assumes no responsibility for the correctness thereof.

 

Section 3.07.          Successors and Assigns.  All agreements of the Company, the Additional Subsidiary Guarantor and the Subsidiary Guarantors in this Second Supplemental Indenture shall bind their respective successors.

 

 

[Remainder of page intentionally left blank.]

 

3

 

IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be duly executed as of the day and year first above written.

 

 

	
 
    	
EARTHLINK, INC.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:   
    	
/s/   Mark Droege
    
	
 
    	
 
    	
Name:
    	
Mark   Droege
    
	
 
    	
 
    	
Title:
    	
Senior   Vice President, Treasurer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
ADDITIONAL   SUBSIDIARY GUARANTOR:
    
	
 
    	
 
    
	
 
    	
BUSINESS   VITALS, LLC
    
	
 
    	
 
    
	
 
    	
By:   
    	
/s/   Mark Droege
    
	
 
    	
 
    	
Name:
    	
Mark   Droege
    
	
 
    	
 
    	
Title:
    	
Authorized   Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
SUBSIDIARY   GUARANTORS:
    
	
 
    	
 
    
	
 
    	
CHOICE ONE COMMUNICATIONS OF CONNECTICUT INC.
    
	
 
    	
CHOICE ONE COMMUNICATIONS OF INTERNATIONAL INC.
    
	
 
    	
CHOICE ONE COMMUNICATIONS OF MAINE INC.
    
	
 
    	
CHOICE ONE COMMUNICATIONS OF MASSACHUSETTS INC.
    
	
 
    	
CHOICE ONE COMMUNICATIONS OF NEW YORK INC.
    
	
 
    	
CHOICE ONE COMMUNICATIONS OF OHIO INC.
    
	
 
    	
CHOICE ONE COMMUNICATIONS OF PENNSYLVANIA INC.
    
	
 
    	
CHOICE ONE COMMUNICATIONS RESALE L.L.C.
    
	
 
    	
CHOICE ONE COMMUNICATIONS OF RHODE ISLAND INC.
    
	
 
    	
CHOICE ONE COMMUNICATIONS OF VERMONT INC.
    
	
 
    	
CHOICE ONE OF NEW HAMPSHIRE INC.
    
	
 
    	
CONNECTICUT BROADBAND, LLC
    

 

 

	
 
    	
CONNECTICUT TELEPHONE & COMMUNICATION   SYSTEMS, INC.
    
	
 
    	
CONVERSENT COMMUNICATIONS OF CONNECTICUT, LLC
    
	
 
    	
CONVERSENT COMMUNICATIONS LONG DISTANCE, LLC
    
	
 
    	
CONVERSENT COMMUNICATIONS OF MAINE, LLC
    
	
 
    	
CONVERSENT COMMUNICATIONS OF MASSACHUSETTS, INC.
    
	
 
    	
CONVERSENT COMMUNICATIONS OF NEW HAMPSHIRE, LLC
    
	
 
    	
CONVERSENT COMMUNICATIONS OF NEW JERSEY, LLC
    
	
 
    	
CONVERSENT COMMUNICATIONS OF NEW YORK, LLC
    
	
 
    	
CONVERSENT COMMUNICATIONS OF PENNSYLVANIA, LLC
    
	
 
    	
CONVERSENT COMMUNICATIONS OF RHODE ISLAND, LLC
    
	
 
    	
CONVERSENT COMMUNICATIONS OF VERMONT, LLC
    
	
 
    	
CONVERSENT COMMUNICATIONS RESALE L.L.C.
    
	
 
    	
CONVERSENT COMMUNICATIONS, INC.
    
	
 
    	
CONVERSENT COMMUNICATIONS, LLC
    
	
 
    	
CONVERSENT DATA VAULT, LLC
    
	
 
    	
CONVERSENT HOLDINGS, INC.
    
	
 
    	
CTBB HOLDINGS, INC.
    
	
 
    	
CTC COMMUNICATIONS CORP.
    
	
 
    	
CTC COMMUNICATIONS OF VIRGINIA, INC.
    
	
 
    	
CVB NORTHWEST, LLC
    
	
 
    	
EARTHLINK BUSINESS HOLDING CORP.
    
	
 
    	
INTELECOM DATA SYSTEMS, INC.
    
	
 
    	
LIGHTSHIP HOLDING, INC.
    
	
 
    	
LIGHTSHIP TELECOM, LLC
    
	
 
    	
LOGICALSOLUTIONS.NET, INC.
    
	
 
    	
NEW EDGE HOLDING COMPANY
    
	
 
    	
NEW EDGE NETWORKS, INC.
    
	
 
    	
NEW EDGE NETWORKS OF VIRGINIA, INC.
    
	
 
    	
ONE COMMUNICATIONS ACQUISITION CORP. I
    
	
 
    	
ONE COMMUNICATIONS CORP.
    
	
 
    	
ONE COMMUNICATIONS MANAGEMENT CO.
    

 

 

	
 
    	
ONE COMMUNICATIONS MERGER CORP. I
    
	
 
    	
REON BROADBAND CORP.
    
	
 
    	
US XCHANGE OF ILLINOIS, L.L.C.
    
	
 
    	
US XCHANGE OF INDIANA, L.L.C.
    
	
 
    	
US XCHANGE OF MICHIGAN, L.L.C.
    
	
 
    	
US XCHANGE OF WISCONSIN, L.L.C.
    
	
 
    	
US XCHANGE, INC.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:   
    	
/s/   Mark Droege
    
	
 
    	
 
    	
Name:
    	
Mark   Droege
    
	
 
    	
 
    	
Title:
    	
Authorized   Officer
    

 

 

	
 
    	
DEUTSCHE   BANK TRUST COMPANY AMERICAS, as Trustee
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
Deutsche   Bank National Trust Company
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/   David Contino
    
	
 
    	
 
    	
 
    	
Name:   
    	
David   Contino
    
	
 
    	
 
    	
 
    	
Title:
    	
Vice   President
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/   Irina Golovashchuk
    
	
 
    	
 
    	
 
    	
Name:   
    	
Irina   Golovashchuk
    
	
 
    	
 
    	
 
    	
Title:
    	
Assistant   Vice President

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