Document:

First Amendment to Revolving Credit Agreement

 Exhibit 10.2 
 Execution 
  
  

 
  
 FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT 
 Dated as of:
October 21, 2011 
 by and among 
 TPG SPECIALTY LENDING, INC., 
 as Borrower 

DEUTSCHE BANK TRUST COMPANY AMERICAS, 
 as Administrative Agent and Lender 
  

 
  

 
  

 THIS FIRST AMENDMENT TO REVOLVING CREDIT AGREEMENT (this “First
Amendment”) is entered into as of October 21, 2011, by and among TPG SPECIALTY LENDING, INC., a Delaware corporation (“Borrower”) and DEUTSCHE BANK TRUST COMPANY AMERICAS (in its individual
capacity, “Deutsche Bank”), as a Lender, as Administrative Agent for Lenders, and each of the other lending institutions that becomes a Lender under the Credit Agreement. 

Recitals 
 WHEREAS, Borrower and Deutsche Bank, as Lender and Administrative Agent, entered into a Revolving Credit Agreement, dated as of September 28, 2011 (as same may be amended, supplemented, renewed,
extended, replaced, or restated from time to time, the “Credit Agreement”), pursuant to which Lenders committed to make Loans to Borrower pursuant to the terms thereof; and 

WHEREAS, Borrower has requested that certain terms of the Credit Agreement be amended, and Deutsche Bank has consented thereto, pursuant
to the terms and conditions hereof; and 
 WHEREAS, terms used in this First Amendment which are defined in the Credit Agreement
shall have the meanings specified therein, as applicable (unless otherwise defined herein). 
 NOW, THEREFORE, for good and
valuable consideration, the parties hereto hereby agree as follows: 
 Section 1. Amendment to Revolving Credit
Agreement. Borrower and Deutsche Bank hereby amend the Credit Agreement, as of the date hereof, as follows: 
 (a)
Section 1.1 of the Credit Agreement is hereby amended as follows: 
 (i) The term “Eligible Investor” is
hereby amended and restated as follows: 
 “Eligible Investors” means those Investors that have executed
Acknowledgment Letters (or delivered Subscription Agreements containing substantially the same terms as the Acknowledgement Letters), and are not subject to an Exclusion Event. 

(ii) The following new terms are added to Section 1.1 in appropriate alphabetical order: 

“First Amendment Date” means the effective date of the First Amendment pursuant to Section 3 thereof. 

“First Amendment” means the Amendment to the Revolving Credit Agreement, dated as of October 21, 2011 by and among
Borrower and Deutsche Bank, as a Lender and Administrative Agent. 
 (b) Section 2.21 (g) of the Credit Agreement is
hereby amended and restated as follows: 
 “(g) Acknowledgment Letters. Borrower shall provide an Acknowledgment
Letter duly executed by each Eligible Investor (and in respect of any Subsequent Investor that is an Eligible Investor, Borrower shall provide an Acknowledgment Letter duly executed by such Subsequent Investor), substantially in the form attached
hereto as Exhibit 2.21(g)-l. Notwithstanding the foregoing, in the event that an Eligible Investor has executed a Subscription Agreement containing substantially the same terms as an Acknowledgment Letter, Borrower shall not be required to
provide an Acknowledgment Letter for such Eligible Investor. Borrower shall 

  
 2 

 provide notice to each Investor that is not an Eligible Investor of the grant by Borrower of
security interests granted pursuant to the Security Documents, which notice may be made by Borrower pursuant to disclosure thereof in Borrower’s next relevant SEC filings to be made following the Closing Date.” 

(c) The last sentence of Section 5.4(b) of the Credit Agreement is hereby amended and restated as follows: 

“Borrower shall obtain an Acknowledgment Letter (or a Subscription Agreement containing substantially the same terms as an
Acknowledgment Letter) from each Subsequent Investor that becomes an Eligible Investor.” 
 Section 2.
Acknowledgement of Control Agreement. The Borrower and Deutsche Bank hereby agree that the Account Control Agreement delivered on the Closing Date by Borrower, JPMorgan Chase Bank, N.A., as Account Bank and the Administrative Agent satisfies
the requirements of Section 2.21(e) of the Credit Agreement and no transfer of the Collateral Account or further amendment or replacement of the Account Control Agreement shall be required under Section 2.21(e) of the Credit Agreement.

 Section 3. Representations and Warranties. The Borrower hereby (i) confirms and reaffirms that the
representations and warranties contained in the Credit Agreement and the other Loan Documents, to the extent applicable to Borrower, are true and correct in all material respects as of the First Amendment Date, except to the extent that they relate
to a particular date, in which case they are true and correct in all material respects on and as of such date as if made on and as of such date, (ii) confirms that, after taking into account this First Amendment, there exists no Event of
Default or, to Borrower’s knowledge, no event, which with the giving of notice or lapse of time or both, would become an Event of Default, under the Credit Agreement, and (iii) represents and warrants that Borrower has the power and
requisite authority to execute, deliver, and perform its obligations under this First Amendment and is duly authorized to, and has taken all action necessary to authorize it to execute, deliver, and perform its respective obligations under this
First Amendment. 
 Section 4. Conditions Precedent. This First Amendment shall become effective on the First
Amendment Date, which shall be the date hereof, subject to the Administrative Agent receiving this First Amendment duly executed and delivered by the Borrower and the other parties hereto; 

Section 5. Agreements in Full Force and Effect as Amended. Except as specifically amended hereby, all of the terms and
conditions of the Credit Agreement and all other Loan Documents shall remain in full force and effect, and are hereby ratified and affirmed by Borrower. All references to the Credit Agreement in any other document or instrument shall be deemed to
mean the Credit Agreement as amended by this First Amendment. This First Amendment shall not constitute a novation of the Credit Agreement or any other Loan Document, but shall constitute an amendment thereof. 

Section 6. Fees and Expenses. In accordance with Section 9.6 of the Credit Agreement, Borrower agrees to pay
Administrative Agent all reasonable and documented out-of-pocket expenses incurred by Administrative Agent and Lenders, including, without limitation, reasonable and documented legal fees, in connection with preparing, executing, delivering and
administering this First Amendment. 
 Section 7. Counterparts. This First Amendment may be executed in several
counterparts, each of which shall be an original. The several counterparts shall constitute a single agreement. Receipt by telecopy or any other means of electronic communication of any executed signature page to this First Amendment shall be
effective as delivery of a manually executed counterpart of this First Amendment. 

 Section 8. Governing Law. This First Amendment shall be governed by the laws of
the State of New York as provided in the Credit Agreement and Borrower further agrees to submit to the jurisdiction of New York as provided therein. 
 [Remainder of Page Intentionally Left Blank 
 Signature Page Follows.]

 IN WITNESS WHEREOF, the parties have caused this First Amendment to be executed by their
duly authorized officers as of the date set forth above. 
  

			
	TPG SPECIALTY LENDING, INC.
		
	By:	 	 /s/ Joshua Easterly

	Name:	 	Joshua Easterly
	Title:	 	Vice President
	
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Administrative Agent and as Lender
		
	By:	 	  

	Name:	 	
	Title:	 	
		
	By:	 	  

	Name:	 	
	Title:	 	

 Signature Page to First Amendment 

 IN WITNESS WHEREOF, the parties have caused this First Amendment to be executed by their
duly authorized officers as of the date set forth above. 
  

			
	TPG SPECIALTY LENDING, INC.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as
	 Administrative Agent and as Lender

		
	By:	 	 /s/ Steven Yi

	Name:	 	Steven Yi
	Title:	 	Managing Director
		
	By:	 	 /s/ Jie Chen

	Name:	 	Jie Chen
	Title:	 	Director

 Signature Page to First AmendmentEmployment Letter Agreement

 

 
  
 EXHIBIT 10.1

 September 1, 2011 
 Robert
Blocker 
 2164 Dartmouth Gate Court 

Wildwood, MO 63011 
  

	RE:	Employment Agreement 

 Dear Bob: 

We are pleased to extend to you a contingent offer of employment as Senior Vice President Sales, Logistics and Customer Service. You will report to Mark
Knoy, President and Chief Executive Officer. Following are the terms and conditions of our offer. 
 BASE PAY COMPENSATION 

Your base annualized salary will be $250,000. It will be paid in accordance with the Company’s regular payroll process and procedures and will be
subject to all applicable withholdings. 
 SIGNING BONUS 
 A signing bonus in the amount of $50,000 will be paid in your first check. Additionally, we will pay a retention bonus of $50,000 in the paycheck immediately following your one year anniversary with ACL.

 INCENTIVE PAY COMPENSATION 

You will be eligible to participate in the Company’s Annual Incentive Compensation (“AIC”) Plan that provides an “on-target”
bonus equal to sixty-five (65%) of your base salary at 100% of corporate plan achievement. For 2011 plan year you will receive a minimum guaranteed bonus of $121,875. 
 PARTICIPATION PLAN 
 You will be eligible to participate in the Finn Holding Corporation
Participation Plan, subject to the terms and conditions of the Plan. You will receive a grant award of performance units equal to 6.25% of the total employee performance units allocated to the Plan. 

VACATION 
 You will be entitled to four
(4) weeks of accrued paid vacation per calendar year beginning in 2012. You will have two (2) weeks of vacation for the remainder of 2011. 
 BENEFITS 
 Thirty (30) calendar days after your date of hire you and your qualified
dependents will be eligible to participate in the Company’s health and welfare insurance programs that provide medical, dental and vision benefits. In addition, the Company provides life and accidental death and dismemberment insurance, and
long-term disability insurance following thirty (30) calendar days after your date of hire. Short-term disability salary continuance eligibility occurs one year after your start date. 
 You will receive $1,000.00 (gross) in your first pay check to cover the cost of family COBRA coverage for thirty calendar days. 
 Please note that the health and welfare benefits program including carriers, plan features and contributions are subject to change from time to time. 

 
 American Commercial Lines 

 

 
  
 RETIREMENT 

Thirty (30) calendar days after your date of hire you will be eligible to participate in the Company’s savings and retirement 401(k) plan. This
plan, which provides a Company matching contribution, allows participants to direct, on a pre- and post tax basis, income to the plan for long-term investment retirement purposes. Please note that the savings and retirement 401(k) plan including
administrator, investment vehicles, fees, and the Company matching contribution are subject to change from time to time. 
 BUSINESS EXPENSES

 All reasonable and necessary business travel, lodging, meals and other related business expenses incurred by you in the course of
performing your duties shall be reimbursed. 
 CELL PHONE 
 ACL will reimburse your reasonable business expenses associated with the use of your personal cell phone. 
 RELOCATON EXPENSES 
 ACL will reimburse you for up to $100,000 for reasonable pre-approved
expenses incurred for (a) real estate closing costs (i.e., legal fees, bank points, realtor commissions) for the sale of your existing home and purchase of the new primary residence in the greater Louisville area, (b) full-service
transport of your household belongings to the new home, (c) temporary housing to June 30, 2012 and (d) weekly commuting trips (St. Louis – Louisville) to accommodate your presence in the office Monday through Friday.
Non-qualified IRS relocation expenses which are subject to tax withholding and reporting will be grossed up. 
 PRE-EMPLOYMENT SCREEN

 This employment offer is contingent upon successful completion of a background investigation and pre-employment drug screen. 

AT WILL EMPLOYMENT 
 Your employment is
at will, and either you or the Company may terminate the employment relationship at any time with or without cause. We ask that you give us at least two (2) weeks’ notice if you wish to terminate your employment. 

RETURN OF COMPANY PROPERTY 
 Upon
termination of your employment for any reason, you agree to return all documents, property, software, materials, information and other records of ACL or a Platinum Equity LLC affiliate or Platinum Equity LLC (individually and collectively, the
“Group”), and all copies therefore, within your possession, custody or control, including but not limited to any material containing trade secrets or confidential information of the Group. 

TRADE SECRETS/CONFIDENTIALITY 
 You agree
not to disclose any trade secrets or confidential information of the Group to anyone else and to hold this information in confidence and use it solely on a need-to-know basis in the course of performing services for the company. Except in the
performance of services for the company, you will not reproduce, distribute, transmit, reverse engineer, decompile, disassemble, or transfer, directly or indirectly, in any form, or for any purpose, any trade secrets or confidential information of
the Group. The obligations of this paragraph shall continue during the term of your employment with the Group and (i) with respect to 
  

American Commercial Lines 

 

 
  
 
trade secrets, for so long as such information constitutes a trade secret under applicable law, and (ii) with regard to confidential information, for a period of three (3) years after
the termination of your employment for any reason. As used in this letter, the term "trade secrets" means any information (whether or not reduced to writing and including any information recorded by any means) of or concerning the Group or any of
their respective officers, directors, owners, employees, licensors, suppliers, customers or joint venture partners that derives economic value, actual or potential, by not being generally known to, and not being readily ascertainable by proper means
by others, including, without limitation: information contained in any prospect list, employee list, contact list or other database; information concerning banking or investment banking relationships; information included in any non-public
documentation concerning transactions completed by the Group (including information included in any "bound volumes" and document clips); information concerning the terms of any debt or equity financings; information concerning compensation and other
employment policies and practices; information concerning the business methods, ownership, operations, financial performance, assets or liabilities (including contingent liabilities) of the Group; information concerning strategic, financial,
marketing or product plans; technical data; and computer programs. 
 NON-SOLICITATION 

You agree that, except with the Group’s written consent, for a period of twelve (12) months immediately following termination of your employment
with the company for any reason, you will not, directly or indirectly, either for your own account or for or on behalf of any other person or entity, call upon, contact or attempt to effect any transaction with any acquisition candidate, customer or
prospect that was being pursued by the company (or of which you otherwise became aware or with which you had any contact) during the six (6) month period immediately preceding the termination of your employment. You also agree that you will not
contact, solicit or recruit, or assist others in contacting, soliciting or recruiting for employment, any person who is or was an employee of the Group during the six (6) month period immediately preceding the termination of your employment, in
an attempt to have such person terminate their employment relationship with the company or to work in any capacity in any other corporation, association, or entity or business. 
 EXISTING AGREEMENT VIOLATION 
 You warrant that your employment by the Company does not
violate any existing agreement between you and any third party, nor will your employment with the Company constitute a violation of any non-compete, confidentiality or non-disclosure agreement. 

GENERAL 
 You agree that the provisions
of this letter are severable; and, if any portion thereof shall be declared unenforceable, the same shall not affect the enforceability of all other provisions hereof. It is the intent of the parties to this letter that if any portion of this letter
contains provisions which are held to be unreasonable, then in such event, a court shall fix the terms of such agreement or shall enforce the terms and provisions hereof to the extent deemed reasonable by the court. 

I look forward to the contributions you will make to the Company. Enclosed are two copies of this letter. Please sign both copies and return one to me.

 Sincerely, 
 /s/ Paul Bridwell

 Paul Bridwell 
 Chief Restructuring
Officer 
 American Commercial Lines (ACL) 
  

American Commercial Lines 

 

 
  
 By signing below, I agree to accept
employment with ACL under the terms outlined herein. I acknowledge and agree that my employment with ACL does not breach any agreements with any other employer and I further agree to maintain the secrecy of, and not to use in any way, any
confidential or proprietary information or trade secrets belonging to any other employer in the performance of my duties for ACL. I agree that I am not subject to any confidentiality or non-compete agreement that might be violated by accepting this
Offer or that restrict my ability to fully perform my job with the Company. I understand and agree that this letter is provided for information purposes only and does not guarantee employment for any definite duration. I understand that my
employment with the Company is at will and either party can terminate this relationship at any time with or without cause. I acknowledge that this offer letter represents the entire agreement between me and the Company and that no verbal or written
agreements, promises or representations that are not specifically stated in this offer are or will be binding on the Company. 
  

			
	/s/ Robert Blocker	  	9/6/11
	  

	Robert Blocker	  	Date

  
 American Commercial Lines

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