Document:

ex10_9-6.htm

Exhibit 10.9.6

     

    AMENDMENT NO.
5

    TO

    AMENDED AND RESTATED
REVOLVING CREDIT AGREEMENT

    

    This
AMENDMENT NO. 5 TO AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT (“Amendment No. 5”) is
dated as of October 8, 2008 by and among RAYMOND JAMES FINANCIAL, INC., a
Florida corporation (the “Borrower”), the
Lenders named on the signature pages hereto (the “Lenders”), and
JPMORGAN CHASE BANK, N.A., individually and as administrative agent (the “Agent”) for the
Lenders.

     

    
      	
               
      

            	
              W I
      T N E S S E T H:

            

    

     

    WHEREAS,
the Borrower, the Agent and the Lenders are parties to that certain Amended and
Restated Revolving Credit Agreement dated as of October 13, 2005, as amended by
(i) Amendment No. 1 and Waiver to Amended and Restated Revolving Credit
Agreement dated as of October 11, 2006, (ii) Amendment No. 2 and Waiver to
Amended and Restated Revolving Credit Agreement dated as of April 16, 2007,
(iii) Amendment No. 3 to Amended and Restated Revolving Credit Agreement dated
as of July 11, 2007, and (iv) Amendment No. 4 and Waivers to Amended and
Restated Revolving Credit Agreement dated as of October 9, 2007 (the “Credit Agreement”);
and

     

    WHEREAS,
the parties desire to effect a three-month extension of the Facility Termination
Date currently provided in the Credit Agreement and a reduction of the Aggregate
Commitment.

     

    NOW,
THEREFORE, in consideration of the premises herein contained, and for other good
and valuable consideration, the receipt of which is hereby acknowledged, the
parties hereby agree as follows:

     

    
      	
              I.  

            	
              Defined
      Terms

            

    

     

    Capitalized
terms used but not defined herein are used with the meanings assigned to them in
the Credit Agreement.

     

    
      	
              II.  

            	
              Amendment to the
      Credit Agreement

            

    

     

    2.1. The
definition of “Facility Termination Date” in Article I of the Credit Agreement
is hereby amended in its entirety to read as follows:

     

    “‘Facility
Termination Date’ means January 8, 2009 or any later date as may be specified as
the Facility Termination Date in accordance with Section 2.18 or any
earlier date on which the Aggregate Commitment is reduced to zero or otherwise
terminated pursuant to the terms hereof.”

     

    2.2. Pursuant
to Section 2.18 of the Credit Agreement, the Aggregate Commitment is hereby
reduced from $200,000,000 to $100,000,000 as of the date hereof and the
respective Commitments of the consenting, extending Lenders are set forth on the
signature pages hereto; and provided further that,
pursuant to Section 2.4(b) of the Credit Agreement, the Aggregate Commitment
shall be (i) further reduced to $75,000,000 as of November 10, 2008; (ii)
further reduced to $50,000,000 as of December 8, 2008; and (iii) further reduced
to zero as of January 8, 2009.

     

    
      	
              III.  

            	
              Borrower
      Representations

            

    

     

    In order
to induce the Lenders and the Agent to execute and deliver this Amendment
No. 5, the Borrower represents and warrants to the Lenders that, both
before and after giving effect to this Amendment No. 5, (a) there exists no
Default or Unmatured Default on the date hereof; (b) each of the representations
and warranties contained in Article V of the Credit Agreement is true and
correct on the date hereof, except for (i) the matters disclosed in Part II,
Item 1. “Legal Proceedings” in the Borrower’s Quarterly Report on Form 10-Q for
the Fiscal Quarter ended June 30, 2008 that relate to (A) the Borrower’s Turkish
affiliate, (B) Sirchie Acquisition Company, LLC and (C) auction rate securities,
and (ii) the fact that Raymond James Trust Company has converted from a state to
a federal charter and is now known as “Raymond James Trust, N.A.”; (c) the
execution and delivery by the Borrower of this Amendment No. 5 have been duly
authorized by all requisite corporate proceedings; (d) this Amendment No. 5 and
the other Loan Documents to which the Borrower is a party constitute the legal,
valid and binding obligations of the Borrower enforceable in accordance with
their respective terms; (e) no authorization or approval of, and no notice to or
filing with, any Governmental Authority or other Person is required for the due
execution, delivery or performance of this Amendment No. 5  by the
Borrower; and (f) no material adverse change in the business, Property,
condition (financial or otherwise) or results of operations of the Borrower and
its Subsidiaries taken as a whole has occurred since September 30,
2007.

     

    
      	
              IV.  

            	
              Effectiveness

            

    

     

    This
Amendment No. 5 shall become effective as of the date first above written upon
fulfillment of the following conditions (and when notice thereof shall have been
given by the Agent to the Borrower and the Lenders):

     

    (i) the Agent
shall have received counterparts of this Amendment No. 5 duly executed by the
Borrower and the Required Lenders;

     

    (ii) the Agent
shall have received in payment from the Borrower for the ratable account of each
Lender that delivers its executed signature page hereto as directed by, and by
such time as is requested by the Agent, an extension fee of 0.25% of such
Lender’s Commitment;

     

    (iii) the
Borrower shall have delivered to the Agent a certificate of Borrower’s Secretary
and a certificate of Borrower’s Chief Financial Officer in form and substance
satisfactory to the Agent and its counsel; and

     

    (iv) all
accrued fees and expenses of the Agent (including the accrued fees and expenses
of counsel to the Agent invoiced on or prior to the date hereof) shall have been
paid by the Borrower.

     

    
      	
              V.  

            	
              Ratification

            

    

     

    Except as
specifically provided herein, (a) the Credit Agreement shall otherwise remain
unaltered and in full force and effect, and the respective terms, conditions and
covenants thereof are hereby ratified and confirmed in all respects as
originally executed, and (b) this Amendment No. 5 shall not operate as a waiver
of any right, power or remedy of any Lender or the Agent under any of the Loan
Documents.  Upon the effectiveness of this Amendment No. 5, each
reference in the Credit Agreement to “this Agreement”, “hereof”, “herein”,
“hereunder” or words of like import shall mean and be a reference to the Credit
Agreement as amended hereby.

     

    
      	
              VI.  

            	
              Governing
      Law

            

    

     

    THIS
AMENDMENT NO. 5 SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE
INTERNAL LAWS OF THE STATE OF NEW YORK, BUT GIVING EFFECT TO FEDERAL LAWS
APPLICABLE TO NATIONAL BANKS.

     

    
      	
              VII.  

            	
              Execution in
      Counterparts

            

    

     

    This
Amendment No. 5 may be executed in any number of counterparts, each of which
when so executed and delivered shall be deemed to be an original and all of
which taken together shall constitute one and the same agreement.

     

    [signature
pages follow]

     

    
      CHI:2122405.5

       

       

    

    IN WITNESS WHEREOF, the Borrower, the
Lenders and the Agents have executed this Amendment No. 5 as of the date first
above written.

     

     

    RAYMOND
JAMES FINANCIAL, INC.

     

    By:
____/s/   JP
Julien____

     

    Title:              Senior VP & Chief
Financial Officer

     

    Address
for Notices:

    
      	
               
      

            	
              880
      Carillon Parkway

            

    

    
      	
               
      

            	
              St.
      Petersburg, Florida 33716

            

    

    
      	
               
      

            	
              Attention:

            	
              Jeffrey
      P. Julien

            

    

    
      	
               
      

            	
              Telephone:

            	
              (727)
      567-5021

            

    

    
      	
               
      

            	
              Facsimile:

            	
              (727)
      573-8915

            

    

     

    

     

    Commitment:      JPMORGAN
CHASE BANK, N.A.,

    $25,000,000         Individually
and as Administrative Agent

     

    By:             /s/  Piers C.
Murray

     

    Title:                       Managing
Director

     

    Address
for General Notices:

    
      	
               
      

            	
              Financial
      Institutions-Broker-Dealer Group

            

    

    
      	
               
      

            	
              270
      Park Avenue

            

    

    
      	
               
      

            	
              22nd
      Floor

            

    

    
      	
               
      

            	
              New
      York, NY  10172

            

    

    
      	
               
      

            	
              Attention:

            	
              Piers
      C. Murray

            

    

    
      	
               
      

            	
              Telephone:

            	
              (212)
      270-5445

            

    

    
      	
               
      

            	
              Facsimile:

            	
              (212)
      270-1511

            

    

    

    
      	
               
      

            	
              Address
      for Funding Matters:

            

    

    
      	
               
      

            	
              Loan
      and Agency Services

            

    

    
      	
               
      

            	
              1111
      Fannin, 10th
      Floor

            

    

    
      	
               
      

            	
              Houston,
      TX  77002

            

    

    
      	
               
      

            	
              Attention:

            	
              Wesley
      Gibson

            

    

    
      	
               
      

            	
              Telephone:

            	
              (713)
      750-2424

            

    

    
      	
               
      

            	
              Facsimile:

            	
              (713)
      750-2228

            

    

    
      
        
           

          CHI:2122405.5

        

         

      

      
         

        
          

        

      

      
         

      

    

     

    Commitment:       CITIBANK,
N.A.,

    $25,000,000          Individually
and as Syndication Agent

    

    

    By:             /s/  Michael
Mauerstein

     

    Title:                       Managing
Director

     

    Address
for Notices:

    
      	
               
      

            	
              388
      Greenwich Street

            

    

    
      	
               
      

            	
              8th
      Floor

            

    

    
      	
               
      

            	
              New
      York, New York 10013

            

    

    
      	
               
      

            	
              Attention:

            	
              Michael
      Mauerstein

            

    

    
      	
               
      

            	
              Telephone:

            	
              (212)
      816-3431

            

    

    
      	
               
      

            	
              Facsimile:

            	
              (212)
      816-5325

            

    

    
 

    

    Commitment:        THE
BANK OF NEW YORK MELLON,

    $25,000,000           Individually
and as Co-Documentation Agent

    

     

    By:             /s/  John
Templeton

     

    Title:                       Vice
President_

     

    Address
for Notices:

    
      	
               
      

            	
              One
      Wall Street

            

    

    
      	
               
      

            	
              41st
      Floor

            

    

    
      	
               
      

            	
              New
      York, New York  10286

            

    

    
      	
               
      

            	
              Attention:

            	
              John
      Templeton

            

    

    
      	
               
      

            	
              Telephone:

            	
              (212)
      635-6823

            

    

    
      	
               
      

            	
              Facsimile:

            	
              (212)
      809-9566

            

    

    
      
        
           

          CHI:2122405.5

        

         

      

      
         

        
          

        

      

      
         

      

    

    

    Commitment:          REGIONS
BANK

    $25,000,000

    

    By:             /s/  Heather L.
Long

     

    Title:                       Vice
President

     

    Address
for Notices:

    
      	
               
      

            	
              Building
      I, Suite 105

            

    

    
      	
               
      

            	
              13535
      Feather Sound Drive

            

    

    
      	
               
      

            	
              Clearwater,
      FL  33762

            

    

    
      	
               
      

            	
              Attention:
      Commercial Banking

            

    

    
      	
               
      

            	
              Telephone:

            	
              (727)
      571-8582

            

    

    
      	
               
      

            	
              Facsimile:

            	
              (727)
      572-4776

            

    

    
       

      CHI:2122405.5EXHIBIT 10.1

Exhibit 10.1

SECOND AMENDMENT

TO

THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT

     THIS SECOND AMENDMENT to Third Amended and Restated Loan and Security Agreement (this
“Amendment”) is entered into this 21st day of October, 2008, by and between Silicon Valley Bank
(“Bank”) and Omniture, Inc., a Delaware corporation (“Borrower”) whose address is 550 E. Timpanogos
Circle, Orem, UT 84097.

Recitals

     A. Bank and Borrower have entered into that certain Third Amended and Restated Loan and
Security Agreement with an Effective Date of August 17, 2007, as amended by that certain First
Amendment to Third Amended and Restated Loan and Security Agreement between Borrower and Bank dated
August 7, 2008 (as the same may from time to time be further amended, modified, supplemented or
restated, the “Loan Agreement”).

     B. Bank has extended credit to Borrower for the purposes permitted in the Loan Agreement.

     C. Borrower has requested that Bank amend the Loan Agreement to (i) extend the Revolving Line
Maturity Date; (ii) waive the Fixed Charge Coverage covenant violation that occurred as of
September 30, 2008, and the reporting requirements that were triggered by the covenant violation;
and (iii) consent to Borrower’s proposed acquisition of certain of the assets of Mercado Software
Limited.

     D. Bank has agreed to so amend certain provisions of the Loan Agreement, but only to the
extent, in accordance with the terms, subject to the conditions and in reliance upon the
representations and warranties set forth below.

Agreement

     Now, Therefore, in consideration of the foregoing recitals and other good and
valuable consideration, the receipt and adequacy of which is hereby acknowledged, and intending to
be legally bound, the parties hereto agree as follows:

     1. Definitions. Capitalized terms used but not defined in this Amendment shall have the
meanings given to them in the Loan Agreement.

     2. Amendments to Loan Agreement.

     2.1 Section 13.1 (Definitions). The following term and its definition is amended by deleting
the existing definition and replacing it with the following:

““Revolving Line Maturity Date” is December 16, 2008.”

 

 

     3. Waiver of Covenant Violation. Bank waives Borrower’s existing default under the Loan
Agreement consisting of Borrower’s failure to comply with the Fixed Charge Coverage covenant as of
September 30, 2008. To the extent Borrower was required to provide to Bank a Borrowing Base
Certificate, aged listings of accounts receivable and accounts payable and a list of all Deferred
Revenue due to such failure to comply with the Fixed Charge Coverage covenant, Bank also waives
such requirement due to the failure to comply with the Fixed Charge Covenant as of September 30,
2008. In the event the Revolving Line Maturity Date is extended, which Bank has no obligation to
do, as of December 31, 2008, Borrower shall be required to comply with the Fixed Charge Coverage
covenant and the other financial covenants set forth in the Loan Agreement.

     Bank’s agreement to waive the default (1) is not an agreement to waive Borrower’s compliance
with the covenants for other dates and (2) will not limit or impair the Bank’s right to demand
strict performance of these covenants as of all other dates and (3) does not limit or impair the
Bank’s right to demand strict performance of all other covenants as of any date.

     4. Consent to Acquisition. Borrower requests that Bank consent to Borrower’s acquisition of
certain of the assets of Mercado Software Limited pursuant to an Asset Purchase Agreement dated on
or about October 12, 2008 (the “Acquisition”). Borrower represents and warrants to Bank as
follows: (a) after giving effect to the waiver set forth in Section 3 of this Amendment, no
Default or Event of Default exists or would result by virtue of the closing the Acquisition and (b)
Borrower, on a consolidated basis, is in compliance on a Pro-Forma Basis with the financial
covenants in Section 6.6 of the Loan Agreement, recomputed as of the last day of the most recently
ended fiscal quarter. In reliance on the representations and warranties of Borrower, Bank consents
to the Acquisition.

     5. Limitation of Amendments.

     5.1 The amendments set forth in Section 2, above, are effective for the purposes set forth
herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any
amendment, waiver or modification of any other term or condition of any Loan Document, or
(b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under
or in connection with any Loan Document.

     5.2 This Amendment shall be construed in connection with and as part of the Loan Documents and
all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan
Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full
force and effect.

 

 

     6. Representations and Warranties. To induce Bank to enter into this Amendment, Borrower
hereby represents and warrants to Bank as follows:

     6.1 Immediately after giving effect to this Amendment (a) the representations and warranties
contained in the Loan Documents are true, accurate and complete in all material respects as of the
date hereof (except to the extent such representations and warranties relate to an earlier date, in
which case they are true and correct as of such date), and (b) no Event of Default has occurred and
is continuing;

     6.2 Borrower has the power and authority to execute and deliver this Amendment and to perform
its obligations under the Loan Agreement, as amended by this Amendment;

     6.3 The organizational documents of Borrower delivered to Bank as of the Effective Date remain
true, accurate and complete and have not been amended, supplemented or restated and are and
continue to be in full force and effect;

     6.4 The execution and delivery by Borrower of this Amendment and the performance by Borrower
of its obligations under the Loan Agreement, as amended by this Amendment, have been duly
authorized;

     6.5 The execution and delivery by Borrower of this Amendment and the performance by Borrower
of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not
contravene (a) any law or regulation binding on or affecting Borrower, (b) any contractual
restriction with a Person binding on Borrower, (c) any order, judgment or decree of any court or
other governmental or public body or authority, or subdivision thereof, binding on Borrower, or
(d) the organizational documents of Borrower;

     6.6 The execution and delivery by Borrower of this Amendment and the performance by Borrower
of its obligations under the Loan Agreement, as amended by this Amendment, do not require any
order, consent, approval, license, authorization or validation of, or filing, recording or
registration with, or exemption by any governmental or public body or authority, or subdivision
thereof, binding on either Borrower, except as already has been obtained or made; and

     6.7 This Amendment has been duly executed and delivered by Borrower and is the binding
obligation of Borrower, enforceable against Borrower in accordance with its terms, except as such
enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or
other similar laws of general application and equitable principles relating to or affecting
creditors’ rights.

     7. Counterparts. This Amendment may be executed in any number of counterparts and all of such
counterparts taken together shall be deemed to constitute one and the same instrument.

     8. Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and
delivery to Bank of this Amendment by each party hereto, and

 

 

(b) Borrower’s payment of an amendment
fee in the sum of $2,500 and Bank’s out-of-pocket expenses.

     In Witness Whereof, the parties hereto have caused this Amendment to be duly executed
and delivered as of the date first written above.

	 	 	 	 	 	 	 	 	 	 	 
	BANK	 	 	 	 	 	BORROWER	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Silicon Valley Bank	 	 	 	Omniture, Inc.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ John Kinzer
 

John Kinzer
	 	 
	 	By:

Name:
	 	/s/ Michael S. Herring
 

Michael S. Herring
	 	 
	Title:

	 	Director
	 	 	 	Title:
	 	EVP & CFO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00148-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00148-of-00352.parquet"}]]