Document:

EX-4-10

 Exhibit 4.10 
 FIRST AMENDMENT 
 This FIRST AMENDMENT, dated as of
August 8, 2012 (this “Amendment”), to the Revolving Credit Agreement, dated as of July 13, 2010 (as amended, restated, supplemented or otherwise modified prior to the date hereof the “Credit Agreement”),
among POSTMEDIA NETWORK INC., a Canada Business Corporations Act corporation (the “Borrower”), POSTMEDIA NETWORK CANADA CORP, a Canada Business Corporations Act corporation (“Holdings”), the subsidiaries of Holdings
from time to time party thereto, the lenders from time to time party thereto, and MORGAN STANLEY SENIOR FUNDING, INC., as administrative agent (in such capacity, the “Administrative Agent”), collateral agent, co-syndication agent,
joint collateral agent and paying agent, and the other agents party thereto. 
 W I T N E
S S E T H: 
 WHEREAS, pursuant to the Credit Agreement, the Lenders have
agreed to make, and have made, certain loans and other extensions of credit to the Borrower; 
 WHEREAS, the
Borrower has requested that the Credit Agreement be amended and waived in the manner set forth herein; and 

WHEREAS, the Lenders are willing to agree to this Amendment on the terms, and subject to the conditions, set forth herein.

 NOW, THEREFORE, in consideration of the foregoing, the mutual covenants and obligations set forth
herein and other good and valuable consideration, the adequacy and receipt of which is hereby acknowledged, and in reliance upon the representations, warranties and covenants herein contained, the parties hereto, intending to be legally bound,
hereby agree as follows: 
 PART I 
 SECTION 1. Definitions. Unless otherwise defined herein, capitalized terms are used herein as defined in the Credit Agreement, as amended by this Amendment, unless the context otherwise requires.

 SECTION 2. Amendments to Section 1.01 (Defined Terms) of the Credit Agreement. (a) Section 1.01 of the
Credit Agreement is hereby amended by inserting the following new definitions in their appropriate alphabetical order: 
 “First Amendment” means the First Amendment, dated as of August 8, 2012, to this Agreement. 
 “First Amendment Effective Date” has the meaning specified in the First Amendment. 
 “Permitted Refinancing” has the meaning specified in Section 7.02(u). 
 “2012 Head Office Sale Agreement” means the Agreement of Purchase and Sale, dated as of June 20, 2012, among The Rose & Thistle Group Limited and the Borrower. 

“2012 Head Office Sale Transaction” means the Borrower’s sale (for cash consideration of
CDN$24,000,000) and subsequent lease (for 18 months, with an option to extend for a further 6 months) of the Toronto Head Office pursuant to the 2012 Head Office Sale Agreement. 

“Toronto Head Office” means the real property located at 1450 Don Millis Road, Toronto, Canada.

 (b) Section 1.01 of the Credit Agreement is hereby amended by
inserting the following words at the end of the definition of “Term Loan” set forth therein, immediately prior to the “.”: 
 “; provided that for purposes of Sections 7.09(e)(B), 7.11 and 8.01(e), the term “Term Loan” shall be deemed to include any Indebtedness that refinances the Term Loan (or any
Permitted Refinancing thereof) pursuant to Section 7.02(u)”. 
 (c) Section 1.01 of the Credit
Agreement is hereby amended by deleting the definition of “Term Loan Credit Agreement” set forth therein in its entirety and substituting in lieu thereof the following new definition: 

“Term Loan Credit Agreement” means the Term Loan Credit Agreement, dated as of the date hereof (as such
agreement may be amended, restated, supplemented, extended or otherwise modified from time to time) among the Borrower, the various lenders from time to time party thereto, JPMorgan Chase Bank, N.A. as administrative agent, and the other agents
party thereto; provided that for purposes of the definition of “Change of Control” set forth herein and of Section 6.03(f), the term “Term Loan Credit Agreement” shall be deemed to include any agreement
or other instrument governing Indebtedness that refinances the Term Loan (or any Permitted Refinancing thereof) pursuant to Section 7.02(u)”. 
 (d) Section 1.01 of the Credit Agreement is hereby amended by inserting the following words at the end of the definition of “Term Loan Documents”, immediately prior to the
“.”: 
 “; provided that for purposes of Sections 6.02(c) and 7.06, the term “Term Loan
Documents” shall be deemed to include any agreement or other instrument governing or evidencing Indebtedness that refinances the Term Loan (or any Permitted Refinancing thereof) pursuant to Section 7.02(u) and the Liens on collateral
securing the same to the extent otherwise permitted hereunder”. 
 SECTION 3. Amendment to Section 7.01 (Liens) of
the Credit Agreement. Section 7.01(y) of the Credit Agreement is hereby amended by deleting such clause (y) in its entirety and substituting in lieu thereof the following new clause (y): 

“(y) Liens granted to secure obligations under the Term Loan Documents (and Liens securing Indebtedness in respect
of Secured Swap Obligations and Banking Services Obligations granted pursuant to the Term Loan Documents or any Permitted Refinancing thereof), and any refinancings, refundings, renewals or extensions of the Term Loans (or any Permitted Refinancing
thereof) permitted by Section 7.02(u), which Liens attach to no more than the same assets and properties of the Loan Parties that are subject to Liens under the Security Agreement (other than with respect to Liens on assets released by
the Collateral Agent (acting at the direction of the Administrative Agent or the Required Lenders in accordance herewith)) and are and subject to the Intercreditor Agreements.” 

SECTION 4. Amendments to Section 7.02 (Indebtedness) of the Credit Agreement. Section 7.02(u) of the Credit Agreement is
hereby amended by inserting the following words at the end thereof, immediately before the “.”: 
 “(any such
refinancing, refunding, extending, defeasing, discharging, renewing or replacing Indebtedness, a “Permitted Refinancing”)” 

 SECTION 5. Amendments to Section 7.13 (Sale and Leaseback Transactions) of the
Credit Agreement. Section 7.13 of the Credit Agreement is hereby amended by (i) inserting “(i)” immediately following the words “except for” set forth therein, (ii) inserting the words “clause
(i) of” immediately following the words “in reliance on” set forth therein and (iii) inserting the following words at the end thereof, immediately before the period: 

“and (ii) the 2012 Head Office Sale Transaction” 

SECTION 6. Waiver and Consent. Pursuant to Section 10.01 of the Credit Agreement, and subject to the conditions to
effectiveness set forth in Section 7 hereof, each of the Lenders party to this Amendment hereby (a) consents to the Borrower entering into the 2012 Head Office Sale Transaction and (b) if and to the extent any Default or Event of
Default has occurred or would occur, waives any Defaults or Events of Default under Section 8.01(b) of the Credit Agreement arising from the Borrower entering into or consummating the 2012 Head Office Sale Transaction. 

SECTION 7. Effectiveness of Amendment. This Amendment shall become effective as of the date (the “First Amendment
Effective Date”) on which the following conditions precedent have been satisfied or waived: 
 (a) The
Administrative Agent (or its counsel) shall have received counterparts of this Amendment, duly executed and delivered by (i) a Responsible Officer of each of Holdings and the Borrower, (ii) the Required Lenders and (iii) the
Administrative Agent. 
 (b) Each of the representations and warranties set forth in Section 8 of this
Amendment shall be true and correct and the Administrative Agent shall have received a certificate dated as of the First Amendment Effective Date signed by a Responsible Officer of the Borrower certifying the same. 

(c) No Default or Event of Default shall have occurred and be continuing on the First Amendment Effective Date, after
giving effect to this Amendment, and the Administrative Agent shall have received a certificate dated as of the First Amendment Effective Date signed by a Responsible Officer of the Borrower certifying the same. 

(d) Any fees required to be paid on or before the First Amendment Effective Date shall have been paid. 

(e) To the extent invoiced at least one Business Day prior to the First Amendment Effective Date, the Administrative
Agent shall have received payment or reimbursement of its reasonable and documented out-of-pocket expenses in connection with this Amendment and the Credit Agreement, including the reasonable and documented fees, charges and disbursements of counsel
for the Administrative Agent, in each case, to the extent set forth in Section 10.04(a) of the Credit Agreement. 
 SECTION
8. Representations and Warranties. Each of Holdings and the Borrower represents and warrants to each of the Lenders and the Administrative Agent that as of the First Amendment Effective Date: 

(a) Each of the representations and warranties of the Loan Parties set forth in the Loan Documents (other than Sections
3.4, 3.5, 3.7, 3.8 and 3.12 of the Security Agreement) are true and correct in all material respects (or, in the case of any representation and warranty 

 
qualified by materiality, in all respects) on and as of the First Amendment Effective Date after giving effect to this Amendment except to the extent such representations and warranties expressly
relate to an earlier date (in which case such representations and warranties were true and correct in all material respects as of such earlier date, or, in the case of any representation and warranty qualified by materiality, in all respects as of
such earlier date). 
 (b) Immediately after giving effect to this Amendment, no Default or Event of Default
shall have occurred and be continuing. 
 SECTION 9. Post-Effective Date Requirements. Within 30 days after the First
Amendment Effective Date (or such later date acceptable to the Administrative Agent in it sole discretion in writing), the Borrower shall deliver to the Administrative Agent updated Exhibits A, B, C, D and E to the Security Agreement. 

SECTION 10. Acknowledgment of Holdings. Holdings hereby acknowledges the effectiveness and continuing validity of
its Guaranteed Obligations and Liens under or with respect to the Credit Agreement, any Guaranty, any Collateral Document and any other Loan Document to which it is a party, in each case, in accordance with the terms of such document. 

SECTION 11. Effect of Amendment. 
 (a) Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lenders or the
Administrative Agent under the Credit Agreement or any other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other
provision of the Credit Agreement or of any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect. Nothing herein shall be deemed to entitle the Borrower to a consent to, or a waiver,
amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document in similar or different circumstances. 

(b) On and after the First Amendment Effective Date, each reference in the Credit Agreement to “this Agreement”,
“hereunder”, “hereof”, “herein”, or words of like import, and each reference to the Credit Agreement in any other Loan Document shall be deemed a reference to the Credit Agreement as amended hereby. This Amendment shall
constitute a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents. 
 SECTION 12.
General. 
 (a) GOVERNING LAW; WAIVER OF JURY TRIAL. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS
OF THE PARTIES UNDER THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. EACH PARTY HERETO HEREBY AGREES AS SET FORTH FURTHER IN SECTIONS 10.14 AND 10.15 OF THE CREDIT AGREEMENT AS
IF SUCH SECTION WAS SET FORTH IN FULL HEREIN. 
 (b) Costs and Expenses. The Borrower agrees to reimburse
the Administrative Agent for its reasonable and documented out-of-pocket expenses in connection with this Amendment, including the reasonable and documented fees, charges and disbursements of counsel for the Administrative Agent, as and to the
extent set forth in the Credit Agreement. 

 (c) Counterparts. This Amendment may be executed by one or more of
the parties to this Amendment on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Amendment by email or
facsimile transmission shall be effective as delivery of a manually executed counterpart hereof. 
 (d)
Headings. The headings of this Amendment are used for convenience of reference only, are not part of this Amendment and shall not affect the construction of, or be taken into consideration in interpreting, this Amendment. 

(e) Severability. Any provision of this Amendment which is 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. 
 (f) Integration. This Amendment and the other
Loan Documents represent the entire agreement of the Loan Parties, the Administrative Agent and the Lenders with respect to the subject matter hereof, and there are no promises, undertakings, representations or warranties by the Administrative Agent
or any Lender relative to the subject matter hereof not expressly set forth or referred to herein or in the other Loan Documents. 
 [remainder of page intentionally left blank] 

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

			
	POSTMEDIA NETWORK CANADA CORP.
		
	By:	 	 /s/ Jeffrey Haar

	Name:	 	Jeffrey Haar
	Title:	 	Executive Vice President and General Counsel
	
	POSTMEDIA NETWORK INC.
		
	By:	 	 /s/ Jeffrey Haar

	Name:	 	Jeffrey Haar
	Title:	 	Executive Vice President and General Counsel

 
			
	MORGAN STANLEY SENIOR FUNDING, INC., as Administrative Agent and as Joint Collateral Agent
		
	By:	 	 /s/ Lisa Hanson

	Name:	 	Lisa Hanson
	Title:	 	Authorized Signatory

 
			
	Morgan Stanley Bank, N.A., as Lender
		
	By:	 	 /s/ Daniel Sweeney

	Name:	 	Daniel Sweeney
	Title:	 	Authorized Signatory

 
			
	WELLS FARGO CAPITAL FINANCE
	CORPORATION CANADA, as Lender and as Joint Collateral Agent
		
	By:	 	 /s/ Domenic Cosentino

	Name:	 	Domenic Cosentino
	Title:	 	Authorized Signatory

 
			
	BANK OF MONTREAL, as Lender
		
	By:	 	 /s/ Martin Stevenson

	Name:	 	Martin Stevenson
	Title:	 	Director

 
			
	The Toronto-Dominion Bank, as Lender
		
	By:	 	 /s/ Michael Ho

	Name:	 	Michael Ho
	Title:	 	Analyst
		
	By:	 	 /s/ Darcy Mack

	Name:	 	Darcy Mack
	Title:	 	Vice President

 
			
	ROYAL BANK OF CANADA, as Lender
		
	By:	 	 /s/ Felix Mednikov

	Name:	 	Felix Mednikov
	Title:	 	Attorney in Fact
		
	By:	 	 /s/ Robert Kizell

	Name:	 	Robert Kizell
	Title:	 	Attorney in Fact

 
			
	The Bank of Nova Scotia, as Lender
		
	By:	 	 /s/ Eddy Popp

	Name:	 	Eddy Popp
	Title:	 	Director
		
	By:	 	 /s/ Duane D’sa

	Name:	 	Duane D’sa
	Title:	 	Associate Director

 
			
	JPMORGAN CHASE BANK, N.A., as Lender
		
	By:	 	 /s/ Robert D. Bryant

	Name:	 	Robert D. Bryant
	Title:	 	Vice PresidentEX-10.1

 Exhibit 10.1 
 Providence Service Corporation 
 64 East Broadway Blvd.

 Tucson, Arizona 85701 
 November 19, 2012 
 Fletcher J. McCusker 

3233 East Via Palos Verde 
 Tucson, Arizona 85716

  

	Re:	Memorandum of Agreement 

 Dear Fletcher:

 This Memorandum of Agreement (this “Memorandum of Agreement”) summarizes the material terms pursuant to which your status as
the Chief Executive Officer and member of the Board of Directors of Providence Service Corporation (“Providence”) will cease. 
  

	 	1.	Employment and Director Status. 

  

	 	a.	You hereby irrevocably resign as an employee of Providence effective December 31, 2012 (the “Termination Date”). Providence accepts such
resignation. 

  

	 	b.	Effective immediately, you hereby irrevocably resign (i) as a director and as Chairman of the Board of Directors of Providence, (ii) from any and all
positions as an officer or director of any subsidiary of Providence and (iii) from any representative capacity (whether as an officer or director, or otherwise) of any entity managed by Providence or any such subsidiaries.

  

	 	c.	Effective immediately, you will transition your responsibility as Chief Executive Officer to Mr. Warren Rustand. From the date hereof until the Termination Date,
you will focus primarily on transitioning your role and duties to Mr. Rustand. 

  

	 	2.	Resignation; Notice of Termination; PRSU’S. The cessation of your employment will be treated as a “Termination without Cause” for the
purposes of your Amended and Restated Employment Agreement with Providence (the “Employment Agreement”), dated as of May 17, 2011. This Memorandum of Agreement shall constitute a Notice of Termination as described in
Section 5(f) of the Employment Agreement for such purpose. You hereby agree that this Memorandum of Agreement complies with the requirements of such Notice of Termination set forth in such Section 5(f). Providence hereby confirms that,
assuming you do not breach any of the terms of this Memorandum of Agreement and do not resign as an employee prior to such time, you will have satisfied the vesting criteria as of Termination Date for the second tranche of the performance restricted
stock units granted to you in 2011, and the corresponding amount of $281,634 will be paid to you on March 12, 2013. 

  

	 	3.	General Release. Providence will make the payment set forth in Section 6(c) of the Employment Agreement on December 31, 2012 (the “Release
Delivery Deadline Date”) contingent upon (a) your execution and delivery to Providence on or before the seventh day prior to the Release Delivery Deadline Date of a General Release of all claims relating to your employment and
termination from employment as the Chief Executive Officer in a form to be provided by Providence to you (which form will be delivered to you on or before December 3, 2012) (the “General Release”), and (b) your not
revoking the General Release prior to the close of business on the Release Delivery Deadline Date. The General Release shall not affect any rights you may have under COBRA, under any vested award previously issued to you by Providence, under any
Providence benefit plan or under the terms of this Memorandum of Agreement. 

 Fletcher J. McCusker 
 November 19, 2012 
  Page
 2
 
  

	 	4.	Press Release. On November 19, 2012, Providence issued a press release substantially in the form attached hereto as Exhibit A.

  

	 	5.	Restrictive Covenants. From the date hereof and until the end of the eighteen (18) month period following the Termination Date, you shall be subject
to the Non-Competition and Non-Solicitation/Non-Piracy provisions set forth in Sections 7(a) and 7(b) of the Employment Agreement. You shall also be subject to Non-Disclosure, Intellectual Property and Non-Disparagement provisions set forth in
Sections 7(c), 7(d) and 7(e) of the Employment Agreement indefinitely. 

  

	 	6.	Miscellaneous. Neither this Memorandum of Agreement nor any of the rights, interests or obligations hereunder may be assigned or delegated by either party
hereto. Whenever possible, each provision of this Memorandum of Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Memorandum of Agreement is held to be prohibited or
invalid under applicable law, such provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provisions or the remaining provisions of this Memorandum of Agreement. This
Memorandum of Agreement may be amended, supplemented or changed, and any provision of this Memorandum of Agreement may be waived, only in a writing signed by the party to be charged therewith. This Memorandum of Agreement and all questions relating
to its validity, interpretation, performance and enforcement shall be governed by and construed in accordance with the laws of the State of Arizona (notwithstanding any conflict-of-laws doctrines of such state or other jurisdiction to the contrary),
and without the aid of any canon, custom or rule of law requiring construction against the draftsman. Except as it relates to the restrictive covenants described in paragraph 5 above, we agree that any claim, dispute or controversy arising out of or
in connection with this Memorandum of Agreement shall be resolved solely and exclusively by binding, confidential arbitration, in the manner described in Section 9(b)(ii) of the Employment Agreement. 

 

	 	7.	Representation. You represent and agree that you have been encouraged to seek the advice of counsel in connection with your review, negotiation and
execution of this Memorandum of Agreement. You represent and agree that you either sought such advice or knowingly and through your own decision determined not to seek such advice. 

 Fletcher J. McCusker 
 November 19, 2012 
  Page
 3
 
  

 If the terms set forth above reflect your understanding of our agreement in regard to the matters set
forth herein, which constitute all of the agreements of the parties in regard to the subject matter hereof, please execute and deliver the enclosed copy of this Memorandum of Agreement, whereupon it will become a binding agreement between us.

  

			
	Very truly yours,
	
	PROVIDENCE SERVICE CORPORATION
		
	By:	 	 /s/ Warren Rustand

	
	Agreed and Accepted as of the date set forth above.
	
	FLETCHER J. McCUSKER
	
	 /s/ Fletcher J. McCusker

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