Document:

Exhibit

Exhibit 10.2

THIRD AMENDMENT TO CREDIT AGREEMENT
THIS THIRD AMENDMENT TO CREDIT AGREEMENT, dated as of the 16th day of May, 2018 (this “Third Amendment”), is entered into among Washington Gas Light Company, a Virginia and District of Columbia corporation (the “Borrower”), the lenders party hereto, and Wells Fargo Bank, National Association, as administrative agent for the Lenders (the “Administrative Agent”).
RECITALS
WHEREAS, the Borrower, the lenders party thereto and the Administrative Agent are parties to that certain Credit Agreement dated as of April 3, 2012 (as amended by the First Amendment to Credit Agreement dated as of December 19, 2014, the Second Amendment to Credit Agreement dated as of June 23, 2017, and as further amended, restated, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”).  Capitalized terms used herein without definition shall have the meanings given to them in the Credit Agreement as they may be amended pursuant to this Third Amendment.
WHEREAS, on January 25, 2017, WGL Holdings, Inc., a Virginia corporation and the Borrower’s parent company (“Parent”), AltaGas Ltd., a Canadian corporation (“AltaGas”), and Wrangler Inc., a Virginia corporation and a wholly-owned subsidiary of AltaGas (“Merger Sub”) entered into an Agreement and Plan of Merger (“AltaGas-WGL Merger Agreement”).  The AltaGas-WGL Merger Agreement provides for the merger of Merger Sub with and into Parent on the terms and subject to the conditions set forth in the AltaGas-WGL Merger Agreement (the “AltaGas-WGL Merger”), with Parent continuing as the surviving corporation and becoming an indirect wholly-owned subsidiary of AltaGas.
WHEREAS, the Required Lenders have consented to the AltaGas-WGL Merger pursuant to the Second Amendment to Credit Agreement dated as of June 23, 2017.  
WHEREAS, in connection with the AltaGas-WGL Merger, Parent will form a wholly-owned Subsidiary of Parent (“HoldCo”) that will conduct no business other than holding 100% of the issued and outstanding common stock of Borrower and activities related thereto.
WHEREAS, the Borrower, the Administrative Agent and the Lenders party hereto have agreed to amend the Credit Agreement to accommodate the formation of HoldCo and Holdco’s ownership of Borrower, on the terms and conditions set forth herein.
STATEMENT OF AGREEMENT
NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
ARTICLE I

AMENDMENTS TO CREDIT AGREEMENT

1.1    Amendment to Section 1.1.  The following definition in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:
“Change in Control” means (i) prior to the consummation of the AltaGas-WGL Merger (A) an event or series of events by which any “person” or “group” (as such terms in this definition are used in Sections 13(d) and 14(d) of the Exchange Act, but excluding any employee benefit plan of such person or its Subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) becomes the “beneficial owner” (as such terms used in this definition are defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that a “person” or “group” shall be deemed to have “beneficial ownership” of all capital stock that such “person” or “group” has the right to acquire, whether such right is exercisable immediately or only after the passage of time (such right, an “option right”)), directly or indirectly, of more than thirty percent (30%) of the capital stock of the Parent entitled to vote in the election of members of the board of directors (or equivalent governing body) of the Parent, (B) a majority of the members of the board of directors (or other equivalent governing body) of the Parent shall not constitute Continuing Directors, or (C) the Parent has ceased to own, directly or indirectly, 100% of the common stock of the Borrower and 99% of all issued and outstanding stock of the Borrower, and (ii) on and after the date of the consummation of the AltaGas-WGL Merger, (1) any circumstances in which a Person or combination of Persons acting jointly or in concert (within the meaning of the Securities Act (Alberta), as amended) acquires beneficial ownership of more than 50% of the capital stock of AltaGas entitled to vote in the election of members of the board of directors (or equivalent governing body) of AltaGas, (2) a majority of the members of the board of directors (or other equivalent governing body) of AltaGas shall not constitute Continuing Directors, (3) AltaGas shall cease to own, directly or indirectly, 100% of the Capital Stock of the Parent, or (4) Parent shall cease to own, directly or indirectly, 100% of the common stock of the Borrower and 99% of all issued and outstanding stock of the Borrower.”  
ARTICLE II    
CONDITIONS OF EFFECTIVENESS
2.1    The amendment set forth in Article I shall become effective as of the date hereof (the “Amendment Effective Date”) only upon the satisfaction of all of the following conditions precedent:
		
	(a)
	The Administrative Agent shall have received a counterpart signature page of this Third Amendment duly executed by the Borrower and such Lenders necessary to constitute the Required Lenders.

		
	(b)
	Evidence satisfactory to the Administrative Agent of any required Governmental Approvals or consents regarding this Third Amendment.

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	(c)
	The Borrower shall have paid all fees and expenses referenced in Section 5.5 of this Third Amendment.

ARTICLE III    
REPRESENTATIONS AND WARRANTIES 
To induce the Administrative Agent, the Issuing Banks and the Lenders to enter into this Third Amendment, the Borrower hereby represents and warrants to the Administrative Agent and Lenders that:
3.1    The Borrower has all necessary corporate power and authority to execute, deliver and perform its obligations under this Third Amendment, and the execution, delivery and performance of this Third Amendment, and the consummation of the transactions herein contemplated, by the Borrower have been duly authorized by all necessary corporate action on its part; and this Third Amendment has been duly and validly executed and delivered by the Borrower and the Credit Agreement, as amended by the Third Amendment, constitutes its legal, valid and binding obligation, enforceable in accordance with its terms.
3.2    No consent, approval, authorization or other action by, notice to, or registration or filing with, any Governmental Authority or other Person is or will be required as a condition to or otherwise in connection with the due execution, delivery and performance by the Borrower of this Third Amendment or the Credit Agreement as amended by the Third Amendment or the legality, validity or enforceability hereof or thereof, other than consents, authorizations and filings that have been made or obtained and that are in full force and effect.
3.3    The representations and warranties of the Borrower contained in the Credit Agreement and the other Loan Documents are true and correct as of the date hereof, except to the extent any such representation or warranty is stated to relate solely to an earlier date, in which case such representation or warranty shall have been true and correct on and as of such earlier date.
3.4    Both before and after giving effect to the transactions contemplated by this Third Amendment, there exists no Event of Default or Unmatured Default.
ARTICLE IV    
ACKNOWLEDGEMENT AND CONFIRMATION OF THE BORROWER
The Borrower hereby confirms and agrees that after giving effect to this Third Amendment, the Credit Agreement and the other Loan Documents remain in full force and effect and enforceable against the Borrower in accordance with their respective terms and shall not be discharged, diminished, limited or otherwise affected in any respect, and the amendments contained herein shall not, in any manner, be construed to constitute payment of, or impair, limit, cancel or extinguish, or constitute a novation in respect of, the Obligations of the Borrower evidenced by or arising under the Credit Agreement and the other Loan Documents, which shall not in any manner be impaired, limited, terminated, waived or released, but shall continue in full force and effect.  The Borrower represents and warrants to the Lenders that it has no knowledge of any claims, counterclaims, offsets, 

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or defenses to or with respect to its obligations under the Loan Documents, or if the Borrower has any such claims, counterclaims, offsets, or defenses to the Loan Documents or any transaction related to the Loan Documents, the same are hereby waived, relinquished, and released in consideration of the execution of this Third Amendment.  This acknowledgement and confirmation by the Borrower is made and delivered to induce the Administrative Agent and the Lenders to enter into this Third Amendment, and the Borrower acknowledges that the Administrative Agent and the Lenders would not enter into this Third Amendment in the absence of the acknowledgement and confirmation contained herein.
ARTICLE V    
MISCELLANEOUS
5.1    Governing Law.  This Third Amendment shall be governed by and construed and enforced in accordance with the laws of the State of New York.
5.2    Full Force and Effect.  Except as expressly amended hereby, the Credit Agreement shall continue in full force and effect in accordance with the provisions thereof on the date hereof.  As used in the Credit Agreement, “hereinafter,” “hereto,” “hereof,” and words of similar import shall, unless the context otherwise requires, mean the Credit Agreement after amendment by this Third Amendment.  Any reference to the Credit Agreement or any of the other Loan Documents herein or in any such documents shall refer to the Credit Agreement and Loan Documents as amended hereby.  This Third Amendment is limited as specified and shall not constitute or be deemed to constitute an amendment, modification or waiver of any provision of the Credit Agreement except as expressly set forth herein.  This Third Amendment shall constitute a Loan Document under the terms of the Credit Agreement.
5.3    Severability.  To the extent any provision of this Third Amendment is prohibited by or invalid under the applicable law of any jurisdiction, such provision shall be ineffective only to the extent of such prohibition or invalidity and only in any such jurisdiction, without prohibiting or invalidating such provision in any other jurisdiction or the remaining provisions of this Third Amendment in any jurisdiction.
5.4    Successors and Assigns.  This Third Amendment shall be binding upon, inure to the benefit of and be enforceable by the respective successors and permitted assigns of the parties hereto.
5.5    Expenses.  The Borrower agrees (i) to pay all reasonable and documented fees and expenses of counsel to the Administrative Agent, and (ii) to reimburse the Administrative Agent for all reasonable and documented out-of-pocket expenses, in each case, in connection with the preparation, negotiation, execution and delivery of this Third Amendment and the other Loan Documents delivered in connection herewith.
5.6    Construction.  The headings of the various sections and subsections of this Third Amendment have been inserted for convenience only and shall not in any way affect the meaning or construction of any of the provisions hereof.

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5.7    Counterparts.  This Third Amendment may be executed in any number of counterparts and by different parties hereto on separate counterparts, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument.  Delivery of an executed counterpart of a signature page of this Third Amendment by telecopy or by electronic mail in a .pdf or similar file shall be effective as delivery of an originally executed counterpart of this Third Amendment.  A complete set of counterparts shall be lodged with the Borrower and the Administrative Agent.

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IN WITNESS WHEREOF, the parties hereto have caused this Third Amendment to be duly executed by their respective authorized officers as of the day and year first above written.
WASHINGTON GAS LIGHT COMPANY, as Borrower
		
	By: 
	/s/ Douglas I. Bonawitz

		
	Name:
	Douglas I. Bonawitz

		
	Title:
	Vice President and Treasurer

WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Issuing Bank, Swingline Lender and Lender
		
	By: 
	/s/ Patrick Engel

		
	Name:
	Patrick Engel

		
	Title:
	Managing Director

SIGNATURE PAGE TO
THIRD AMENDMENT TO CREDIT AGREEMENT – WASHINGTON GAS LIGHT COMPANY

MUFG BANK, LTD., as Lender
		
	By: 
	/s/ Jeffrey Flagg

		
	Name:
	Jeffrey Flagg

		
	Title:
	Director

SIGNATURE PAGE TO
THIRD AMENDMENT TO CREDIT AGREEMENT – WASHINGTON GAS LIGHT COMPANY

BRANCH BANKING AND TRUST COMPANY, as Issuing Bank and Lender
		
	By: 
	/s/ Ryan T. Hamilton

		
	Name:
	Ryan T. Hamilton

		
	Title:
	Vice President

SIGNATURE PAGE TO
THIRD AMENDMENT TO CREDIT AGREEMENT – WASHINGTON GAS LIGHT COMPANY

TD BANK, N.A., as Lender
		
	By: 
	/s/ Vijay Prasad

		
	Name:
	Vijay Prasad

		
	Title:
	Senior Vice President

SIGNATURE PAGE TO
THIRD AMENDMENT TO CREDIT AGREEMENT – WASHINGTON GAS LIGHT COMPANY

ROYAL BANK OF CANADA, as Lender
		
	By: 
	/s/ Justin Painter

		
	Name:
	Justin Painter

		
	Title:
	Authorized Signatory

SIGNATURE PAGE TO
THIRD AMENDMENT TO CREDIT AGREEMENT – WASHINGTON GAS LIGHT COMPANY

U.S. BANK NATIONAL ASSOCIATION, as Lender

		
	By: 
	/s/ Eric J. Cosgrove

		
	Name:
	Eric J. Cosgrove

		
	Title:
	Senior Vice President

SIGNATURE PAGE TO
THIRD AMENDMENT TO CREDIT AGREEMENT – WASHINGTON GAS LIGHT COMPANY

THE BANK OF NEW YORK MELLON, as Lender
		
	By: 
	/s/ Richard K. Fronapfel, Jr.

		
	Name:
	Richard K. Fronapfel, Jr.

		
	Title:
	Director

SIGNATURE PAGE TO
THIRD AMENDMENT TO CREDIT AGREEMENT – WASHINGTON GAS LIGHT COMPANYExhibit
10.15

 

April
18, 2018

 

Nicholas
Tomashot

Gilbert,
AZ 85233

 

Dear
Nick:

 

It
is my pleasure to extend this offer of employment to you for the position of Chief Financial Officer of Lazydays Holdings, Inc.
(the “Company”). Subject to satisfaction of the contingencies set forth below, we anticipate that you will
start with the Company on or about May 7, 2018.

 

	 	1.	Position.
    Your title will be Chief Financial Officer and you will report to me. This is a full-time position. While you are employed
    by the Company, you will not engage in any other employment, consulting or other business activity (whether full-time or part-time)
    that would, or could be perceived to, create a conflict of interest with the Company. By signing this letter, you confirm
    that you have no contractual commitments or other legal obligations or restrictions that could prohibit you from performing
    your duties to the Company.
	 	 	 
	 	2.	Place
    of Business. The primary place for performance of your duties and responsibilities will be at the Company’s headquarters
    in Seffner, Florida; provided however, that you may be required to travel on Company business from time to time.
	 	 	 
	 	3.	Cash
    Compensation. The Company will pay you a starting base salary at the rate of $325,000 per year, payable in accordance
    with the Company’s standard payroll schedule. Your compensation and performance will be reviewed by the Company annually.
	 	 	 
	 	4.	Bonus
    Potential. In addition to your annual base salary, you will be considered for an incentive bonus for each fiscal year
    of the Company. This bonus (if any) will be awarded based on objective and/or subjective criteria established by me and approved
    by the Company’s Board of Directors. Your target bonus will be equal to 75% of your annual base salary (with
    the potential to earn up to 150% of your target bonus). Any bonus for a fiscal year will be paid within 30 days after
    the Company receives audited financial statements for the fiscal year, but only if you are still employed by the Company at
    the time of payment.
	 	 	 
	 	5.	Equity
    Incentive. The Company will grant you an option to purchase all or any part of the aggregate of the number of shares of
    Common Stock set forth in the Option Award Agreement.

 

    	 

    	Nicholas Tomashot
Page 2 of 4
	 

    

 

	 	6.	Relocation
    Allowance. It is expected that you will relocate your permanent residence to the Tampa area within 6 months of your start
    date. In consideration thereof, and to provide you with an allowance to cover expenses incurred in commuting to Tampa, for
    temporary lodging expenses in Tampa, and for your other relocation expenses, the Company will provide you with a lump-sum
    relocation payment in the amount of $100,000 following your start date (the “Relocation Allowance”).
    If either (i) you resign from the Company or (ii) you are terminated by the Company for cause within two years of your start
    date, you will be required to, and agree that, you will repay the remaining pro-rated balance of the Relocation Allowance
    to the Company.
	 	 	 
	 	7.	Employee
    Benefits and Vacation. As a regular employee of the Company, you will be eligible to participate in several Company-sponsored
    benefits. In addition, you will be eligible to take four (4) weeks of paid vacation per year (vacation for calendar year 2018
    shall be prorated based on the number of days that you are employed by the Company during 2018). Unused and accrued vacation
    does not roll over to the next calendar year. Further information regarding the Company’s benefits will be provided
    to you upon your acceptance of this offer.
	 	 	 
	 	8.	Severance
    Benefits. If your employment is terminated by the Company without cause, then you shall be eligible to receive as severance
    salary continuation at the rate of your annual base salary in effect prior to the date of termination for a period of twelve
    (12) months. In addition, in the event that your employment is terminated by the Company without cause in connection with
    a change of control (as determined by the Company’s Board of Directors), you shall be eligible to receive a pro-rated
    bonus (pro-rated based on the number of days you were employed in the year of your termination) in an amount to be determined
    by the Company’s Board of Directors after taking into account achievement by you and/or the Company toward the applicable
    annual bonus criteria approved by the Board of Directors. Payment of such severance shall be conditioned on your timely execution
    of a general waiver and release of claims in the Company’s customary form (and passage of any applicable revocation
    period), and your continued compliance with any post-termination obligations to the Company.
	 	 	 
	 	9.	Employment
    Relationship. Your employment with the Company is for no specific period of time. Your employment with the Company will
    be “at will,” meaning that either you or the Company may terminate your employment at any time and for any reason,
    with or without cause. Although your job duties, title, compensation and benefits, as well as the Company’s personnel
    policies and procedures, may change from time to time, the “at will” nature of your employment may only be changed
    in an express written agreement signed by you and a duly authorized officer of the Company.
	 	 	 
	 	10.	Termination.
    The Company reserves the right to terminate the employment of any employee for just cause at any time without notice and without
    payment in lieu of notice. The Company will be entitled to terminate your employment for any reason other than for just cause,
    upon providing to you such minimum notice as required by law, if any.
	 	 	 
	 	11.	Confidential
    Information. Like all Company employees, you will be required, as a condition of your employment with the Company, to
    sign the Company’s standard confidentiality agreement and/or acknowledge your receipt and agreement to the policies
    set forth in the Company’s employee handbook. Similarly, we expect that you will keep the terms of this letter strictly
    confidential and will not share its contents with anyone (other than your family and professional advisors).

 

    	 

    	Nicholas Tomashot
Page 3 of 4
	 

    

 

	 	12.	Withholding.
    All forms of compensation referred to in this letter agreement are subject to reduction to reflect applicable withholding
    and payroll taxes and other deductions required by law.
	 	 	 
	 	13.	Tax
    Advice. You are encouraged to obtain your own tax advice regarding your compensation from the Company. You agree that
    the Company does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and
    you will not make any claim against the Company or its Board of Directors related to tax liabilities arising from your compensation.
	 	 	 
	 	14.	Interpretation,
    Amendment and Enforcement. This letter agreement supersedes and replaces any prior agreements, representations or understandings
    (whether written, oral, implied or otherwise) between you and the Company and constitutes the complete agreement between you
    and the Company regarding the subject matter set forth herein. This letter agreement may not be amended or modified, except
    by an express written agreement signed by both you and a duly authorized officer of the Company.
	 	 	 
	 	15.	Contingencies.
    This offer of employment is contingent upon successfully passing pre-employment drug testing, a criminal background check,
    and/or a general reference check. We will contact you to coordinate such testing and/or to advise you that such checks have
    been completed. At that time, assuming successful completion of this process, we can determine the exact date when your employment
    will begin.

 

    	 

    	Nicholas Tomashot
Page 4 of 4
	 

    

 

You
may indicate your agreement with these terms and accept this offer by signing and dating this agreement on or before April 20,
2018. Upon your acceptance of this employment offer, you will be provided with the necessary paperwork and instructions. Nick,
we look forward to you joining the Lazydays team.

 

	 	Sincerely,
	 	 
	 	/s/
    William P. Murnane
	 	William
    P. Murnane
	 	Chairman
    & CEO
	 	Lazydays
    Holdings, Inc.

 

If
this offer is acceptable to you, we ask that you sign and return the original. Please keep a duplicate copy for your records.

 

Signed
and Agreed to this 18th day of April, 2018:

 

	/s/
    Nicholas Tomashot	 
	Nicholas
    Tomashot

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