Document:

Exhibit

Exhibit 10.1

THIRD AMENDMENT TO THE 
PURCHASE AND SALE AGREEMENT
This THIRD AMENDMENT TO THE PURCHASE AND SALE AGREEMENT (this “Amendment”), dated as of August 21, 2019 (such date, the “Third Amendment Effective Date”), is entered into by and among the following parties:
		
	(i)
	DXC TECHNOLOGY COMPANY, as Servicer (the “Servicer”); 

		
	(ii)
	DXC TECHNOLOGY SERVICES LLC, as existing Originator under the Agreement described below (the “Existing Originator”); 

		
	(iii)
	THE VARIOUS PARTIES LISTED ON THE SIGNATURE PAGES HERETO AS NEW ORIGINATORS, as New Originators (collectively, the “New Originator” and each, an “New Originator”, and together with the Existing Originator, the “Originators”); and 

		
	(iv)
	DXC RECEIVABLES LLC (F/K/A CSC RECEIVABLES LLC), as Buyer  under the Agreement described below (the “Buyer”).

Capitalized terms used but not otherwise defined herein (including such terms used above) have the respective meanings assigned thereto in the Agreement described below.
BACKGROUND
A.The Originators, the Servicer and the Buyer entered into that certain Purchase and Sale Agreement, dated as of December 21, 2016 (as amended, restated, supplemented or otherwise modified through the date hereof, the “Agreement”).
B.Concurrently herewith, the Servicer, the Buyer, as seller, the Committed Purchasers, the Group Agents and the Administrative Agent are entering into that certain Sixth Amendment to the Receivables Purchase Agreement, dated as of the date hereof (the “Receivables Purchase Agreement Amendment”).
C.Each of the New Originators desire to join the Agreement as Originator thereunder on the Third Amendment Effective Date.
D.The parties hereto desire to amend the Agreement as set forth herein.
NOW, THEREFORE, with the intention of being legally bound hereby, and in consideration of the mutual undertakings expressed herein, each party to this Amendment hereby agrees as follows:
SECTION 1.    Amendments to the Agreement.  The Agreement is hereby amended as follows: 
(a)    With respect to each New Originator, any reference in the Agreement to the “Closing Date” or “the date hereof” shall be deemed to be a reference to “August 21, 2019”.
(b)    With respect to each New Originator, any reference in the Agreement to the “Cut-off Date” shall be deemed to be a reference to “August 20, 2019”.
(c)    The Agreement is hereby amended to incorporate the changes shown on the marked pages of the Agreement attached hereto as Exhibit A.
SECTION 2.    Joinder of New Originators.  Each New Originator hereby agree that it shall be bound by all of the terms, conditions and provisions of, and shall be deemed to be a party to (as if it were an original signatory to), the Agreement and each of the other relevant Transaction Documents.  From and after the later of the date hereof and the date that each New Originator has complied with all of the requirements of Section 4.3 of the Agreement, each New Originator shall be an Originator for all purposes of the Agreement and all other Transaction Documents.  Each New Originator hereby acknowledges that it has received copies of the Agreement and the other Transaction Documents and that each of the Administrative Agent and each Group Agent hereby acknowledges that this Amendment shall be deemed to satisfy the requirements of Section 4.3(b) of the Agreement.
SECTION 3.    Authorization to File Financing Statements.  Upon the effectiveness of this Amendment, each of the New Originators and the Buyer hereby authorizes the Administrative Agent to file (at the expense of the Buyer) one or more UCC-1 financing statements in the form of Exhibit B hereto.
SECTION 4.    Representations and Warranties of the Originators and Servicer.  Each Originator and the Servicer hereby represent and warrant to each of the parties hereto as of the date hereof as follows:
(a)Representations and Warranties.  The representations and warranties made by such Person in the Agreement and each of the other Transaction Documents to which it is a party are true and correct as of the date hereof (unless such representations or warranties relate to an earlier date, in which case as of such earlier date).
(b)Enforceability.  The execution and delivery by it of this Amendment, and the performance of its obligations under this Amendment, the Agreement (as amended hereby) and the other Transaction Documents to which it is a party are within its organizational powers and have been duly authorized by all necessary action on its part, and this Amendment, the Agreement (as amended hereby) and the other Transaction Documents to which it is a party are (assuming due authorization and execution by the other parties thereto) its valid and legally binding obligations, enforceable in accordance with its terms, except (x) the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws from time to time in effect relating to creditors’ rights, and (y) the remedy of specific performance and injunctive and other forms of equitable relief may be subject to equitable defenses and to the discretion of the court before which any proceeding therefor may be brought.
(c)No Event of Default; No Purchase and Sale Termination Event.  No Event of Termination, Unmatured Event of Termination, Non-Reinvestment Event, Unmatured Non-Reinvestment Event, Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event has occurred and is continuing, or would occur as a result of this Amendment or the transactions contemplated hereby. 
SECTION 5.    Effect of Amendment; Ratification.  All provisions of the Agreement and the other Transaction Documents, as expressly amended and modified by this Amendment, shall remain in full force and effect.  After this Amendment becomes effective, all references in the Agreement (or in any other Transaction Document) to “this Purchase and Sale Agreement”, “this Agreement”, “hereof”, “herein” or words of similar effect referring to the Agreement shall be deemed to be references to the Agreement as amended by this Amendment. This Amendment shall not be deemed, either expressly or impliedly, to waive, amend or supplement any provision of the Agreement other than as set forth herein.  The Agreement, as amended by this Amendment, is hereby ratified and confirmed in all respects.
SECTION 6.    Effectiveness.  This Amendment shall become effective as of the Third Amendment Effective Date upon (a) receipt by the Buyer and the Administrative Agent’s receipt of counterparts to this Amendment executed by each of the parties hereto, (b) the effectiveness of the Receivables Purchase Agreement Amendment and (c) a copy of a separate Subordinated Note in favor of each New Originator, duly executed by the Buyer.
SECTION 7.    Severability.  Any provisions of this Amendment which are prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.  
SECTION 8.    Transaction Document.  This Amendment shall be a Transaction Document for purposes of the Receivables Purchase Agreement.
SECTION 9.    Counterparts.  This Amendment may be executed in any number of counterparts and by different parties on separate counterparts, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute but one and the same instrument.  Delivery of an executed counterpart of a signature page to this Amendment by facsimile or e-mail transmission shall be effective as delivery of a manually executed counterpart hereof.
SECTION 10.    GOVERNING LAW AND JURISDICTION.  
(a)THIS AMENDMENT, INCLUDING THE RIGHTS AND DUTIES OF THE PARTIES HERETO, SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK, BUT WITHOUT REGARD TO ANY OTHER CONFLICTS OF LAW PROVISIONS THEREOF).
(b)EACH PARTY HERETO HEREBY IRREVOCABLY SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF ANY NEW YORK STATE OR FEDERAL COURT SITTING IN NEW YORK CITY, NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AMENDMENT, AND EACH PARTY HERETO HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE EXTENT PERMITTED BY LAW, IN SUCH FEDERAL COURT.  THE PARTIES HERETO HEREBY IRREVOCABLY WAIVE, TO THE FULLEST EXTENT THEY MAY EFFECTIVELY DO SO, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING.  THE PARTIES HERETO AGREE THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW.
SECTION 11.    Section Headings.  The various headings of this Amendment are included for convenience only and shall not affect the meaning or interpretation of this Amendment, the Agreement or any provision hereof or thereof.

[SIGNATURE PAGES FOLLOW]

IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.
DXC RECEIVABLES LLC,
as Buyer

By: /s/ H.C. Charles Diao
Name: H.C. Charles Diao
Title:  President and Treasurer 

DXC TECHNOLOGY COMPANY, 
as Servicer 

By: /s/ H.C. Charles Diao
Name: H.C. Charles Diao
Title:  Senior Vice President, Treasury and Corporate Development

DXC TECHNOLOGY SERVICES LLC, 
as the Existing Originator

By: /s/ H.C. Charles Diao
Name: H.C. Charles Diao
Title: President and Treasurer 

ALLIANCE-ONE SERVICES, INC., 
as a New Originator

By: /s/ Phillip Charles Ratcliff
Name: Phillip Charles Ratcliff
Title: President

COMPUTER SCIENCES CORPORATION, 
as a New Originator

By: /s/ H.C. Charles Diao
Name: H.C. Charles Diao
Title: President and Treasurer

CSC CONSULTING, INC., 
as a New Originator

By: /s/ H.C. Charles Diao
Name: H.C. Charles Diao
Title: President and Treasurer

CSC CYBERTEK CORPORATION, 
as a New Originator

By: /s/ H.C. Charles Diao
Name: H.C. Charles Diao
Title: President and Treasurer

MYND CORPORATION, 
as a New Originator

By: /s/ H.C. Charles Diao
     Name: H.C. Charles Diao
Title:  President and Treasurer

PDA SOFTWARE SERVICES LLC, 
as a New Originator

By: /s/ H.C. Charles Diao
Name: H.C. Charles Diao
Title: President and Treasurer

Acknowledged by:
PNC BANK, NATIONAL ASSOCIATION 
as Administrative Agent
By: /s/ Christopher Blaney
Name: Christopher Blaney
Title: Senior Vice President
PNC BANK, NATIONAL ASSOCIATION, 
as Group Agent for its Purchaser Group 

By: /s/ Christopher Blaney
Name: Christopher Blaney
Title: Senior Vice President

WELLS FARGO, NATIONAL ASSOCIATION, 
as Group Agent for its Purchaser Group 

By: /s/ Eero Maki
Name: Eero Maki
Title: Managing Director

MUFG BANK, LTD., 
as Group Agent for its Purchaser Group 

By: /s/ Eric Williams
Name: Eric Williams
Title: Managing Director

FIFTH THIRD BANK,
as Group Agent for its Purchaser Group
By: /s/ Brian J. Gardner
Name:    Brian J. Gardner 
Title:    Managing Director

MIZUHO BANK, LTD.,
as Group Agent for its Purchaser Group
By: /s/ Richard A. Burke
Name:    Richard A. Burke 
Title:    Managing Director

THE TORONTO DOMINION BANK,
as Group Agent for its Purchaser Group
By: /s/ Bradley Purkis
Name:    Bradley Purkis 
Title:    Managing Director

Exhibit A
[Amendments to the Purchase and Sale Agreement]

Exhibit B
[UCC-1 Financing Statements to be filed]

1Exhibit

Exhibit 10.2

SIXTH AMENDMENT TO THE 
RECEIVABLES PURCHASE AGREEMENT
This SIXTH AMENDMENT TO THE RECEIVABLES PURCHASE AGREEMENT (this “Amendment”), dated as of August 21, 2019, is entered into by and among the following parties:
		
	(i)
	DXC RECEIVABLES LLC (F/K/A CSC RECEIVABLES LLC), a Delaware limited liability company, as Seller (the “Seller”);

		
	(ii)
	DXC TECHNOLOGY COMPANY, a Nevada corporation, as Servicer (the “Servicer”); 

		
	(iii)
	PNC BANK, NATIONAL ASSOCIATION, as a Committed Purchaser, as Group Agent for its Purchaser Group and as Administrative Agent (in such capacity, the “Administrative Agent”);

		
	(iv)
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as a Committed Purchaser and as Group Agent for its Purchaser Group;

		
	(v)
	MUFG BANK, LTD. (F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.), as a Committed Purchaser and as Group Agent for its Purchaser Group; 

		
	(vi)
	FIFTH THIRD BANK, as a Committed Purchaser and as Group Agent for its Purchaser Group;

		
	(vii)
	MIZUHO BANK, LTD., as a Committed Purchaser and as Group Agent for its Purchaser Group; and

		
	(viii)
	THE TORONTO DOMINION BANK, as a Committed Purchaser and as Group Agent for its Purchaser Group.

Capitalized terms used but not otherwise defined herein (including such terms used above) have the respective meanings assigned thereto in the Receivables Purchase Agreement described below.
BACKGROUND
A.    The parties hereto (other than the Originator) have entered into a Receivables Purchase Agreement, dated as of December 21, 2016 (such date, the “Original Closing Date”) (as amended, restated, supplemented or otherwise modified through the date hereof, the “Receivables Purchase Agreement”).
B.    Concurrently herewith, the Seller, as buyer, the Servicer, DXC Technology Services LLC, as originator, and Alliance-One Services, Inc., Computer Sciences Corporation, CSC Consulting, Inc., CSC Cybertek Corporation, Mynd Corporation and PDA Software Services LLC, as new originators (collectively, the “New Originators”), are entering into that certain Third Amendment to the Purchase and Sale Agreement, dated as of the date hereof.
C.    Concurrently herewith, the parties hereto and PNC Capital Markets LLC, as Structuring Agent, are entering into that certain Fifth Amended and Restated Fee Letter, dated as of the date hereof.
D.    Concurrently herewith, DXC Technology Company, as performance guarantor, in favor of the Administrative Agent on behalf of the secured parties, is entering into the Second Amended and Restated Performance Guaranty, dated as of the date hereof.
E.     The parties hereto desire to amend the Receivables Purchase Agreement as set forth herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
SECTION 1.Non Ratable Investment.  Notwithstanding the requirements set forth in Sections 2.01 and 2.02 in the Receivables Purchase Agreement, the Seller hereby requests on a one-time basis that in connection with this Amendment, each Purchaser and each Group Agent, as applicable, makes a non-ratable investment on the date hereof in the applicable amount set forth on Exhibit A hereto.  For administrative convenience, the Seller hereby requests that each Purchaser and each Group Agent, as applicable, fund the investment requested hereto to the applicable account(s) set forth on Exhibit A hereto. 
SECTION 2.    Notice of Investment Request.  In connection with this Amendment, the Seller is delivering an Investment Request on the date hereof. Notwithstanding the notice requirement requiring the Seller to provide an Investment Request at least three (3) Business Days prior to each Investment as set forth in Section 2.02 of the Receivables Purchase Agreement, the Administrative Agent and each Group Agent agrees to fund such Investment on a one-time basis on the date hereof as specified in the Investment Request.
SECTION 3.    Amendments to the Receivables Purchase Agreement.  
(a)    The Receivables Purchase Agreement is hereby amended to incorporate the changes shown on the marked pages of the Receivables Purchase Agreement attached hereto as Exhibit B. 
(b)    Exhibit F of the Receivables Purchase Agreement is hereby replaced in its entirety with the exhibit attached hereto as Exhibit F.  
SECTION 4.    Representations and Warranties of the Seller and Servicer.  Each of the Seller and the Servicer hereby represents and warrants, as to itself, to the Administrative Agent, each Purchaser and each Group Agent, as follows:
(a)    Representations and Warranties.  Immediately after giving effect to this Amendment, the representations and warranties made by such Person in the Transaction Documents to which it is a party are true and correct as of the date hereof (unless stated to relate solely to an earlier date, in which case such representations or warranties were true and correct as of such earlier date).
(b)    Enforceability.  This Amendment and each other Transaction Document to which it is a party, as amended hereby, constitute the legal, valid and binding obligation of such Person enforceable against such Person in accordance with its respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity, regardless of whether enforceability is considered in a proceeding in equity or at law.
(c)    No Termination Event.  No event has occurred and is continuing, or would result from the transactions contemplated hereby, that constitutes an Event of Termination, Non-Reinvestment Event, Unmatured Event of Termination or Unmatured Non-Reinvestment Event.
SECTION 5.    Effect of Amendment.  All provisions of the Receivables Purchase Agreement and the other Transaction Documents, as expressly amended and modified by this Amendment, shall remain in full force and effect. After this Amendment becomes effective, all references in the Receivables Purchase Agreement (or in any other Transaction Document) to “this Receivables Purchase Agreement”, “this Agreement”, “hereof”, “herein” or words of similar effect referring to the Receivables Purchase Agreement shall be deemed to be references to the Receivables Purchase Agreement as amended by this Amendment. This Amendment shall not be deemed, either expressly or impliedly, to waive, amend or supplement any provision of the Receivables Purchase Agreement other than as set forth herein.
SECTION 6.    Effectiveness.  This Amendment shall become effective as of the date hereof upon receipt by the Administrative Agent of each of the documents, agreements (in fully executed form), opinions of counsel, lien search results, UCC filings, certificates and other deliverables listed on the closing memorandum attached as Exhibit C hereto, in each case, in form and substance acceptable to the Administrative Agent. 
SECTION 7.    Counterparts.  This Amendment may be executed in any number of counterparts and by different parties on separate counterparts, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute but one and the same instrument.  Delivery of an executed counterpart of a signature page to this Amendment by facsimile or e-mail transmission shall be effective as delivery of a manually executed counterpart hereof.
SECTION 8.    GOVERNING LAW.  THIS AMENDMENT, INCLUDING THE RIGHTS AND DUTIES OF THE PARTIES HERETO, SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK, BUT WITHOUT REGARD TO ANY OTHER CONFLICTS OF LAW PROVISIONS THEREOF).
SECTION 9.    Section Headings.  The various headings of this Amendment are included for convenience only and shall not affect the meaning or interpretation of this Amendment, the Receivables Purchase Agreement or any provision hereof or thereof.
 [Signature Pages Follow.]

IN WITNESS WHEREOF, the parties hereto have executed this Amendment by their duly authorized officers as of the date first above written.
DXC RECEIVABLES LLC,  
as Seller 
 
 
By: /s/ H.C. Charles Diao 
Name: H.C. Charles Diao     
Title: President and Treasurer     
 

DXC TECHNOLOGY COMPANY, 
as Servicer 
 
 
By: /s/ H.C. Charles Diao 
Name: H.C. Charles Diao     
Title: Senior Vice President, Treasury and Corporate Development    

	
		
	 
	PNC BANK, NATIONAL ASSOCIATION, 
as Administrative Agent 
 
 
By: /s/ Christopher Blaney 
Name: Christopher Blaney 
Title: Senior Vice President

	 
	 

	 
	PNC BANK, NATIONAL ASSOCIATION, 
as a Committed Purchaser  

 
By: /s/ Christopher Blaney 
Name: Christopher Blaney 
Title: Senior Vice President

	 
	 

	 
	 

	 
	PNC BANK, NATIONAL ASSOCIATION, 
as Group Agent for its Purchaser Group 

 
By: /s/ Christopher Blaney 
Name: Christopher Blaney 
Title: Senior Vice President

	
		
	 
	WELLS FARGO, NATIONAL ASSOCIATION, 
as a Committed Purchaser  

 
By: /s/ Eero Maki 
Name: Eero Maki 
Title: Managing Director

	 
	 

	 
	 

	 
	WELLS FARGO, NATIONAL ASSOCIATION, 
as Group Agent for its Purchaser Group 

 
By: /s/ Eero Maki 
Name: Eero Maki 
Title: Managing Director

 

	
		
	 
	MUFG BANK, LTD., 
as a Committed Purchaser  

 
By: /s/ Eric Williams 
Name: Eric Williams 
Title: Managing Director

	 
	 

	 
	

MUFG BANK, LTD., 
as Group Agent for its Purchaser Group 

 
By: /s/ Eric Williams 
Name: Eric Williams 
Title: Managing Director

	
		
	 
	FIFTH THIRD BANK, 
as a Committed Purchaser  

 
By: /s/ Brian J. Gardner 
Name: Brian J. Gardner 
Title: Managing Director

	 
	 

	 
	 

	 
	FIFTH THIRD BANK, 
as Group Agent for its Purchaser Group 

 
By: /s/ Brian J. Gardner 
Name: Brian J. Gardner 
Title: Managing Director

 

	
		
	 
	MIZUHO BANK, LTD., 
as a Committed Purchaser  

 
By: /s/ Richard A. Burke 
Name: Richard A. Burke 
Title: Managing Director

	 
	 

	 
	 

	 
	MIZUHO BANK, LTD., 
as Group Agent for its Purchaser Group 

 
By: /s/ Richard A. Burke 
Name: Richard A. Burke 
Title: Managing Director

 

	
		
	 
	THE TORONTO DOMINION BANK, 
as a Committed Purchaser  

 
By: /s/ Bradley Purkis 
Name: Bradley Purkis 
Title: Managing Director

	 
	 

	 
	 

	 
	THE TORONTO DOMINION BANK, 
as Group Agent for its Purchaser Group 

 
By: /s/ Bradley Purkis 
Name: Bradley Purkis 
Title: Managing Director

	 
	 

Exhibit A

Funds Flow Memorandum

Exhibit B

Amendments to the Receivables Purchase Agreement

Exhibit C

Closing Memorandum

Exhibit F

Form of Information Package

1

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