Document:

Exhibit 4.2

 

 

DESCRIPTION OF FRANCESCA’S HOLDINGS
CORPORATION’S CAPITAL STOCK

 

The following description of the capital
stock of Francesca’s Holdings Corporation (the “Company”) and provisions of the Company’s certificate of
incorporation and bylaws, are summaries only. These summaries do not purport to be complete and are subject to and qualified by
reference to the Company’s certificate of incorporation and bylaws and by the provisions of applicable law.

 

Authorized Capitalization

 

The Company’s authorized capital stock
consists of 80,000,000 shares of common stock, par value $0.01 per share, and 45,000 shares of preferred stock, par value $0.01
per share.

  

Common Stock

 

Voting Rights

 

Each holder of the Company’s common
stock is entitled to one vote for each share on all matters submitted to a vote of stockholders, including the election or removal
of directors. Generally, all matters to be voted on by stockholders must be approved by a majority of the votes entitled to be
cast by the holders of common stock present in person or represented by proxy, subject to any voting rights granted to holders
of any preferred stock.

 

An election of directors by the Company’s
stockholders shall be determined by a plurality of the votes cast by the stockholders entitled to vote on the election; provided
that pursuant to the Company’s voting policy approved by the Company’s board of directors (the “Board”)
on March 15, 2016, any nominee for director who receives a greater number of “withhold” votes than “for”
votes in an uncontested election is expected to tender to the Board his or her resignation promptly following the certification
of the election results. The nominating and corporate governance committee of the Board will consider any resignation tendered
under the voting policy and recommend to the Board whether to accept or reject such resignation. The Board will then act on such
resignation. There are no cumulative voting rights for the election of directors, which means that the holders of a majority of
the shares of the Company’s common stock voted will be entitled to elect all of the Board.

 

Dividends

 

Subject to the rights of holders of any
then outstanding shares of the Company’s preferred stock, holders of the Company’s common stock are entitled to receive
ratably any dividends that may be declared by the Board out of funds legally available therefor.

 

Liquidation

 

In the event of the Company’s liquidation,
dissolution or winding up, holders of the Company’s common stock would be entitled to share ratably in all assets available
for distribution to stockholders after the payment of or provision for all of the Company’s debts and other liabilities and
the satisfaction of any liquidation preference granted to the holders of any then outstanding shares of preferred stock.

 

Other Rights

 

Holders of the Company’s common stock
do not have preemptive rights to purchase shares of the Company’s stock. The shares of the Company’s common stock are
not subject to any redemption provisions and are not convertible into any other shares of the Company’s capital stock. The
rights, preferences and privileges of holders of the Company’s common stock will be subject to those of the holders of any
shares of the Company’s preferred stock the Company may issue in the future.

 

     

     

    

 

Blank Check Preferred Stock

 

Under the terms of the Company’s
certificate of incorporation, the Board will have the authority, without further action by the Company’s stockholders,
to issue up to 45,000 shares of preferred stock in one or more series and to fix the rights, preferences, privileges and
restrictions thereof, including voting rights, dividend rights, conversion rights, redemption privileges and liquidation
preferences. There are currently no shares of preferred stock outstanding, and the Company has no present plans to issue any
shares of preferred stock.

 

The purpose of authorizing the Board to
issue preferred stock and determine its rights and preferences is to eliminate delays associated with a stockholder vote on specific
issuances. The issuance of preferred stock, while providing flexibility in connection with possible acquisitions, future financings
and other corporate purposes, could make it more difficult for a third party to acquire control of the Company, or could adversely
affect the rights of the Company’s common stockholders by restricting dividends on the common stock, diluting the voting
power of the common stock, impairing the liquidation rights of the common stock or delaying or preventing a change in control without
further action by the stockholders. As a result of these or other factors, the issuance of preferred stock could have an adverse
impact on the market price of the Company’s common stock.

 

Anti-Takeover Effects of Certain Provisions of Delaware Law,
the Certificate of Incorporation and the Bylaws

 

The Company’s certificate of incorporation
and bylaws contain provisions that are intended to enhance the likelihood of continuity and stability in the composition of the
Board and that could make it more difficult to acquire control of the Company by means of a tender offer, open market purchases,
a proxy contest or otherwise. The Company expects that these provisions, which are summarized below, will discourage coercive takeover
practices or inadequate takeover bids. These provisions are also designed to encourage persons seeking to acquire control of the
Company to first negotiate with the Board, which the Company believes may result in an improvement of the terms of any such acquisition
in favor of the Company’s stockholders. However, they also give the Board the power to discourage acquisitions that some
stockholders may favor. A description of these provisions is set forth below.

 

Classified Board

 

The certificate of incorporation provides
for the Board to be divided into three classes, with staggered three-year terms. Only one class of directors will be elected at
each annual meeting of stockholders, with the other classes continuing for the remainder of their respective three-year terms.
Because the Company’s stockholders do not have cumulative voting rights, stockholders holding a majority of the shares of
common stock outstanding will be able to elect all of the Company’s directors. A third party may be discouraged from making
a tender offer or otherwise attempting to obtain control of the Company as it is more difficult and time-consuming for stockholders
to replace a majority of the directors on a classified board.

 

No Cumulative Voting

 

Under Delaware law, the right to vote cumulatively
does not exist unless the certificate of incorporation specifically authorizes cumulative voting. The Company’s certificate
of incorporation does not grant stockholders the right to vote cumulatively; therefore stockholders holding a majority of the shares
of common stock outstanding will be able to elect all of the Company’s directors.

 

Stockholder Action by Written Consent and Special Meetings
of Stockholders

 

Pursuant to Section 228 of the Delaware
General Corporation Law, any action required to be taken at any annual or special meeting of the stockholders may be taken without
a meeting, without prior notice and without a vote if a consent or consents in writing, setting forth the action so taken, is signed
by the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take
such action at a meeting at which all shares of the Company’s stock entitled to vote thereon were present and voted, unless
the Company’s certificate of incorporation provides otherwise. However, the Company’s certificate of incorporation
and bylaws provides that all stockholder action must be effected at a duly called meeting of stockholders and not by written consent,
and that only the Board or chief executive officer may call a special meeting of stockholders.

 

     

     

    

 

Requirements for Advance Notification of Stockholder
Meetings, Nominations and Proposals

 

The Company’s bylaws include an advance
notice procedure for stockholder proposals to be brought before an annual meeting of stockholders, including proposed nominations
of candidates for election to the Board. Stockholders at an annual meeting will only be able to consider proposals or nominations
specified in the notice of meeting or brought before the meeting by or at the direction of the Board, or by a stockholder of record
on the record date for the meeting, who is entitled to vote at the meeting and who has delivered timely written notice in proper
form to the Company’s secretary of the stockholder’s intention to bring such business before the meeting. These provisions
could have the effect of delaying stockholder actions until the next stockholder meeting that are favored by the holders of a majority
of the Company’s outstanding voting securities or may discourage or deter a potential acquirer from conducting a solicitation
of proxies to elect its own slate of directors or otherwise attempt to obtain control of the Company.

 

Stockholder Actions

 

The Company’s certificate of incorporation
includes provisions requiring that all stockholder actions against the Company or any of its directors, officers, or employees
in their capacity as such be brought in the courts of the State of Delaware. The Company expects that these provisions will discourage
venue shopping that may unduly increase the costs and expenses to the Company in connection with stockholder actions; however,
these provisions could have the effect of discouraging the filing of certain stockholder actions against the Company.

 

Blank Check Preferred Stock

 

The Company believes that the availability
of the preferred stock under the Company’s certificate of incorporation provides the Company with flexibility in addressing
corporate issues that may arise. Having these authorized shares available for issuance will allow the Company to issue shares of
preferred stock without the expense and delay of a special stockholders’ meeting. The authorized shares of preferred stock,
as well as shares of common stock, will be available for issuance without further action by the Company’s stockholders, unless
action is required by applicable law or the rules of any stock exchange on which the Company’s securities may be listed.
The Board has the power, subject to applicable law, to issue series of preferred stock that could, depending on the terms of the
series, impede the completion of a merger, tender offer or other takeover attempt. For instance, subject to applicable law, a series
of preferred stock might impede a business combination by including class voting rights which would enable the holder or holders
of such series to block a proposed transaction. The Board will make any determination to issue shares of preferred stock based
on its judgment as to the Company’s and its stockholders’ best interests. The Board, in so acting, could issue preferred
stock having terms which could discourage an acquisition attempt or other transaction that some, or a majority, of the stockholders
might believe to be in their best interests or in which stockholders might receive a premium for their stock over the then prevailing
market price of the stock.

 

Super-Majority Voting

 

The certificate of incorporation requires
a 66.7% stockholder vote for the amendment, repeal or modification of certain provisions of the Company’s certificate of
incorporation and bylaws relating to the classification of the Board, the requirement that stockholder actions be effected at a
duly called meeting and the designated parties entitled to call a special meeting of the stockholders. The combination of the classification
of the Board, the lack of cumulative voting and the 66.7% stockholder voting requirements will make it more difficult for the Company’s
existing stockholders to replace the Board as well as for another party to obtain control of the Company by replacing the Board.
Because the Board has the power to retain and discharge the Company’s officers, these provisions could also make it more
difficult for existing stockholders or another party to effect a change in management. In addition, the authorization of blank
check preferred stock makes it possible for the Board to issue preferred stock with voting or other rights or preferences that
could impede the success of any attempt to change control of the Company.

 

These provisions may have the effect of
deterring hostile takeovers, delaying, or preventing changes in control of the Company’s management or the Company, such
as a merger, reorganization or tender offer. These provisions are intended to enhance the likelihood of continued stability in
the composition of the Board and its policies and to discourage certain types of transactions that may involve an actual or threatened
acquisition of the Company. These provisions are designed to reduce the Company’s vulnerability to an unsolicited acquisition
proposal. The provisions also are intended to discourage certain tactics that may be used in proxy fights. However, such provisions
could have the effect of discouraging others from making tender offers for the Company’s shares and, as a consequence, they
also may inhibit fluctuations in the market price of the Company’s shares that could result from actual or rumored takeover
attempts. Such provisions may also have the effect of preventing changes in the Company’s management.

 

     

     

    

 

Delaware Takeover Statute

 

The Company’s certificate of incorporation
provides that the Company is not governed by Section 203 of the Delaware General Corporation Law. Accordingly, the Company is not
subject to the anti-takeover effects of Section 203 which would have imposed additional requirements regarding mergers and other
business combinations.

 

Limitation on Liability of Directors and Officers

 

The Company’s certificate of incorporation
limits the liability of directors to the fullest extent permitted by Delaware law. The effect of these provisions is to eliminate
the rights of the Company and its stockholders, through stockholders’ derivative suits on behalf of the Company, to recover
monetary damages from a director for breach of fiduciary duty as a director, including breaches resulting from grossly negligent
behavior. However, exculpation does not apply to any director if the director has acted in bad faith, knowingly or intentionally
violated the law, authorized illegal dividends or redemptions or derived an improper benefit from his or her actions as a director.

 

In addition, the certificate of incorporation
and bylaws provide that the Company will indemnify the Company’s directors and officers to the fullest extent permitted by
Delaware law. The Company also expects to continue to maintain directors’ and officers’ liability insurance. The Company
believes that these indemnification provisions and insurance are useful to attract and retain qualified directors and executive
officers.

 

The limitation of liability and indemnification
provisions in the certificate of incorporation and bylaws may discourage stockholders from bringing a lawsuit against directors
for breach of their fiduciary duty. These provisions may also have the effect of reducing the likelihood of derivative litigation
against directors and officers, even though such an action, if successful, might otherwise benefit the Company and its stockholders.

 

In addition to the indemnification required
in the certificate of incorporation and bylaws, the Company has entered into indemnification agreements with each of its current
directors and executive officers. These agreements provide for the indemnification of the Company’s directors and executive
officers for all reasonable expenses and liabilities incurred in connection with any action or proceeding brought against them
by reason of the fact that they are or were the Company’s agents. The Company believes that these bylaw provisions and indemnification
agreements, as well as its maintaining directors’ and officers’ liability insurance, help to attract and retain qualified
persons as directors and officers.

 

Transfer Agent and Registrar

 

The transfer agent and registrar for the
Company’s common stock is Computershare, Inc.Exhibit

Exhibit 10.1

FIRST AMENDMENT TO 
FOURTH AMENDED AND RESTATED CREDIT AGREEMENT
This First Amendment to Fourth Amended and Restated Credit Agreement (this “First Amendment”) is made and entered into as of February 28, 2019 (the “First Amendment Effective Date”), by and among NEENAH, INC., a Delaware corporation formerly known as Neenah Paper, Inc. (the “Company”), certain Domestic Subsidiaries of the Company, as borrowers (collectively, with the Company, the “Domestic Borrowers”), NEENAH SERVICES GMBH & CO. KG and certain of its Subsidiaries, as borrowers (the “German Borrowers”), the other guarantors party hereto (such guarantors, together with the Domestic Borrowers and the German Borrowers, being collectively referred herein as the “Loan Parties”), the Lenders (as defined below) party hereto and JPMorgan Chase Bank, N.A., in its capacity as Administrative Agent (the “Agent”). 
RECITALS:
WHEREAS, the Loan Parties are parties to that certain Fourth Amended and Restated Credit Agreement, dated as of December 10, 2018 (as amended, restated, supplemented or modified from time to time, the “Credit Agreement”), by and among the Loan Parties, the financial institutions signatory thereto as lenders (individually, each a “Lender” and collectively, the “Lenders”), and the Agent.  Capitalized terms used but not defined herein have the meaning set forth in the Credit Agreement.
WHEREAS, the Loan Parties have requested that the Credit Agreement be amended as hereinafter provided. 
WHEREAS, subject to and upon the terms and conditions contained herein, the Lenders party hereto have agreed to the Loan Parties’ requests as set forth herein.
NOW THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
SECTION 1.Amendments to the Credit Agreement.  In reliance upon the representations, warranties, covenants and conditions contained in this First Amendment, and subject to the terms, and satisfaction of the conditions precedent set forth in Section 2 hereof, the Credit Agreement is hereby amended as of the First Amendment Effective Date in the manner provided in this Section 1.
1.1    Amendment to Definition.  The definition of “Loan Documents” set forth in Section 1.01 of the Credit Agreement is hereby amended by inserting the words and punctuation, “the First Amendment,” immediately after the first reference to “this Agreement,” contained in such definition.
1.2    New Definition.  Section 1.01 of the Credit Agreement is amended to add thereto in alphabetical order the following definition which shall read in full as follows:

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“First Amendment” means that certain First Amendment to Fourth Amended and Restated Credit Agreement dated as of February 28, 2019, by and among the Borrowers, the other Loan Parties, the Administrative Agent and the Lenders party thereto.
1.3    Amendment to Section 6.01 of the Credit Agreement.  Section 6.01 of the Credit Agreement is hereby amended by amending and restating clause (m) thereof to read in full as follows:
(m)     senior unsecured Indebtedness, and/or senior subordinated unsecured Indebtedness, evidenced by the Senior Notes and the Additional Senior Notes, provided, that (i) the sum of the outstanding principal amount of all Additional Senior Notes and the Senior Notes and all Indebtedness outstanding pursuant to Section 6.01(s) shall not exceed $500,000,000 at any time, and (ii) upon the issuance of any Additional Senior Notes (after giving effect to the incurrence of the Indebtedness evidenced by the Additional Senior Notes, and, if applicable, any Indebtedness being contemporaneously incurred pursuant to Section 6.01(s) hereof, and, to the extent applicable, any application of the proceeds thereof to the retirement of existing Indebtedness, provided, that such application occurs, or irrevocable notice of the redemption, prepayment or purchase of which is given, substantially contemporaneously with the issuance of such Additional Senior Notes, and, if applicable, Indebtedness incurred pursuant to Section 6.01(s)) either (x) the Aggregate Availability on a pro forma basis shall not be less than 20% of the lesser of (1) the Aggregate Commitments and (2) the Aggregate Borrowing Base at such time or (y) the Fixed Charge Coverage Ratio for the Company and its Subsidiaries shall be greater than 1.10 to 1.00 for the most recently completed four quarter period, assuming that for purposes of calculating the Fixed Charge Coverage Ratio for such period (calculated on a pro forma basis in a manner reasonably acceptable to the Administrative Agent) such Indebtedness was incurred on the first day of such applicable period; provided further, that, in each case of the foregoing clauses (x) and (y), the applicable Borrower Representative shall provide the Administrative Agent with the applicable pro forma calculations in form and substance reasonably satisfactory to the Administrative Agent;
1.4    Amendment to Section 6.04 of the Credit Agreement.  Section 6.04 of the Credit Agreement is hereby amended by amending and restating clause (6) of the proviso thereof to read in full as follows:
(6)    the Loan Parties may purchase or otherwise acquire all or a substantial portion of the assets of one or more Persons, or any Equity Interests in any Person; provided, that, (i) such transaction or series of transactions is not otherwise prohibited hereunder (giving effect to the provisions of Section 1.07, in the case of any Limited Conditionality Acquisition), (ii) the Loan Parties comply with the applicable requirements of this Agreement, including without limitation Section 5.10, in connection with such transaction or series of transactions, (iii) the aggregate purchase 

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price (including merger consideration, if applicable) paid by the Loan Parties in any transaction or series of transactions under this clause (6) of Section 6.04 does not exceed $250,000,000 in any period of twelve consecutive months, and (iv) after giving effect to the completion of any transaction or series of transactions under this clause (6) of Section 6.04, either (x) the Aggregate Availability on a pro forma basis (taking into account all cash consideration given in connection with such transaction or series of transactions as having been paid at the time of the initial completion of any such transaction or series of transactions) shall not be less than 20% of the lesser of (A) the Aggregate Commitments and (B) the Aggregate Borrowing Base at such time or (y) (A) the Aggregate Availability on a pro forma basis (taking into account all cash consideration given in connection with such transaction or series of transactions as having been paid at the time of the initial completion of any such transaction or series of transactions) shall not be less than $25,000,000 and (B) the Fixed Charge Coverage Ratio for the Company and its Subsidiaries (including, to the extent applicable, the retirement of any Indebtedness occurring, or irrevocable notice of the redemption, prepayment or purchase of which Indebtedness is given, substantially contemporaneously with the consummation of such transaction or transactions) shall be greater than 1.10 to 1.00 for the most recently completed four quarter period assuming that for purposes of calculating the Fixed Charge Coverage Ratio for such period (calculated on a pro forma basis in a manner acceptable to the Administrative Agent) such transaction or series of transactions occurred on the first day of such applicable period; provided, that, in each case of the foregoing clauses (x) and (y), the applicable Borrower Representative shall provide the Administrative Agent with the applicable pro forma calculations in form and substance reasonably satisfactory to the Administrative Agent.
1.5    Amendment to Section 6.11 of the Credit Agreement.  Section 6.11 of the Credit Agreement is hereby amended by amending and restating clause (h) thereof to read in full as follows:
(h)     with respect to Indebtedness incurred under Section 6.01(m), Section 6.02(n) or Section 6.01(s) make or agree to pay or make, directly or indirectly, any payment or other distribution (whether in cash, securities or other property) of or in respect of principal of or interest on any such Indebtedness, or any payment or other distribution (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Indebtedness, in each case which constitutes a voluntary prepayment, unless the Payment Condition is satisfied on a pro forma basis at the time such voluntary prepayment is made (or solely with respect to the Senior Notes or Additional Senior Notes, at the time irrevocable notice of the redemption, prepayment or other distribution with respect to such Indebtedness is given to the applicable indenture trustee or the registered holders of such Indebtedness, whichever occurs first) and immediately after giving effect to such prepayment, redemption or distribution and the application of proceeds thereof.

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SECTION 2.    Conditions Precedent to First Amendment.  This First Amendment will be effective as of the First Amendment Effective Date, on the condition that the following conditions precedent will have been satisfied:
2.1    Counterparts.  The Agent shall have received counterparts of this First Amendment duly executed by each of the Loan Parties, the Agent, and the Required Lenders (or, in the case of any party as to which an executed counterpart shall not have been received, telegraphic, telex, or other written confirmation from such party of execution of a counterpart hereof by such party).
2.2    Agent’s Fees and Expenses.  The Borrower shall have paid or reimbursed the Agent for, to the extent invoiced, its out-of-pocket expenses in connection with this First Amendment and any other out-of-pocket expenses of the Agent required to be paid or reimbursed pursuant to the Credit Agreement, including the reasonable fees, charges and disbursements of counsel for the Agent.
2.3    Other Documents.  The Agent shall have been provided with such documents, instruments and agreements, and the Loan Parties shall have taken such actions, in each case as the Agent may reasonably require in connection with this First Amendment and the transactions contemplated hereby.
SECTION 3.    Representations and Warranties.  The Loan Parties hereby represent and warrant to the Lenders the following (provided that such representations and warranties of the German Loan Parties shall be limited to the facts and circumstances of the German Loan Parties and their Subsidiaries):
3.1    the representations and warranties contained in the Credit Agreement, as amended hereby, and the other Loan Documents are true and correct in all material respects on and as of the date hereof as though made on and as of the date hereof, 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 as of such earlier date, and except for any change of facts expressly permitted under the provisions of the Credit Agreement and the other Loan Documents;
3.2    no Default or Event of Default has occurred and is continuing under the Credit Agreement; and
3.3    this First Amendment has been duly executed and delivered by the Loan Parties, and the Credit Agreement, as amended hereby, constitutes a legal, valid and binding obligation of the Loan Parties, enforceable against the Loan Parties in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.
SECTION 4.    No Waiver.  Nothing contained in this First Amendment shall be construed as a waiver by the Lenders of any covenant or provision of the Credit Agreement, the other Loan Documents, or of any other contract or instrument between the Loan Parties and any of the Lenders, 

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and the failure of the Lenders at any time or times hereafter to require strict performance by the Loan Parties of any provision thereof shall not waive, affect or diminish any right of the Lenders to thereafter demand strict compliance therewith.  The Agent and the Lenders hereby reserve all rights granted under the Credit Agreement, the other Loan Documents, this First Amendment and any other contract or instrument between the Loan Parties and the Lenders.
SECTION 5.    Survival of Representations and Warranties.  All representations and warranties made in this First Amendment, including any Loan Document furnished in connection with this First Amendment, shall survive the execution and delivery of this First Amendment and the other Loan Documents, and no investigation by the Agent or any closing shall affect the representations and warranties or the right of the Agent to rely upon them.
SECTION 6.    Expenses.  As provided in Section 9.03 of the Credit Agreement and subject to the limitations expressly set forth therein, the Loan Parties hereby agree to pay on demand all legal and other fees, costs and expenses incurred by the Agent in connection with the negotiation, preparation, and execution of this First Amendment and all related documents.
SECTION 7.    Severability.  Any provision of this First Amendment that 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 portions hereof or affecting the validity or enforceability of such provision in any other jurisdiction.
SECTION 8.    APPLICABLE LAW.  THIS FIRST AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
SECTION 9.    Successors and Assigns.  This First Amendment is binding upon and shall inure to the benefit of the Credit Parties and the Loan Parties and their respective successors and assigns, except the Loan Parties may not assign or transfer any of their rights or obligations hereunder without the prior written consent of the Agent, other than as expressly permitted under the terms of the Credit Agreement.
SECTION 10.    Counterparts.  This First Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original but all of which when taken together shall constitute but one and the same instrument.  Delivery of an executed signature page of this First Amendment by facsimile transmission or PDF electronic transmission shall be effective as delivery of a manually executed counterpart hereof.
SECTION 11.    Effect of Consent.  No consent or waiver, express or implied, by the Agent to or for any breach of or deviation from any covenant, condition or duty by the Loan Parties shall be deemed a consent or waiver to or of any other breach of the same or any other covenant, condition or duty.
SECTION 12.    Headings.  The headings of this First Amendment are for purposes of reference only and shall not limit or otherwise affect the meaning hereof.

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SECTION 13.    Reaffirmation of Loan Documents.  This First Amendment shall be deemed to be an amendment to the Credit Agreement, and the Credit Agreement, as amended hereby, and the other Loan Documents are hereby ratified, approved and confirmed in each and every respect.  All references to the Credit Agreement herein and in any other document, instrument, agreement or writing shall hereafter be deemed to refer to the Credit Agreement as amended hereby.
SECTION 14.    Loan Document.  This First Amendment constitutes a “Loan Document” under and as defined in the Credit Agreement.
SECTION 15.    Entire Agreement.  THE CREDIT AGREEMENT, THIS FIRST AMENDMENT, THE OTHER LOAN DOCUMENTS, AND ALL OTHER INSTRUMENTS, DOCUMENTS AND AGREEMENTS EXECUTED AND DELIVERED IN CONNECTION WITH THIS FIRST AMENDMENT REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO ORAL AGREEMENTS AMONG THE PARTIES.
 [THE REMAINDER OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK]

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IN WITNESS WHEREOF, the parties hereto have executed this First Amendment as of the date set forth above.
LOAN PARTIES:

DOMESTIC BORROWERS:
NEENAH, INC.
NEENAH PAPER MICHIGAN, INC.
NEENAH FILTRATION, LLC
NEENAH TECHNICAL MATERIALS, INC.
NEENAH PAPER FVC, LLC
NEENAH PAPER FR, LLC
NEENAH FMK HOLDINGS, LLC
ASP FIBERMARK, LLC
NEENAH NORTHEAST, LLC
NEENAH FILTRATION APPLETON, LLC

By:    /s/ Bonnie C. Lind            
Name:  Bonnie C. Lind
Title:    Senior Vice President, Chief Financial Officer and Treasurer

NPCC HOLDING COMPANY, LLC

By:  Neenah, Inc., as its sole member

By:    /s/ Bonnie C. Lind            
Name:  Bonnie C. Lind
Title:    Senior Vice President, Chief Financial Officer and Treasurer

    

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

GERMAN BORROWERS:
NEENAH SERVICES GMBH & CO. KG
represented by its general partner
Neenah Germany GmbH

By:    /s/ Armin Schwinn        
Name:  Armin Schwinn
Title:    Managing Director of Neenah Germany
GmbH (general partner)             
 

NEENAH GESSNER GMBH

By:    /s/ Armin Schwinn        
Name:  Armin Schwinn
Title:    Managing Director

NEENAH GESSNER GRUNDSTÜCKSVERWALTUNGS-GESELLSCHAFT MBH & CO. KG
represented by its general partner
Neenah Germany GmbH

By:    /s/ Armin Schwinn        
Name:  Armin Schwinn
Title:    Managing Director of Neenah Germany 
 GmbH (general partner) 

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

GERMAN GUARANTORS:
NEENAH GERMANY GMBH

By:    /s/ Armin Schwinn        
Name:  Armin Schwinn
Title:    Managing Director

NEENAH PAPER INTERNATIONAL HOLDING COMPANY, LLC

By:  Neenah, Inc., as its sole member

By:    /s/ Bonnie C. Lind            
Name:  Bonnie C. Lind
Title:    Senior Vice President, Chief Financial Officer and Treasurer

NEENAH PAPER INTERNATIONAL, LLC

By:    /s/ Bonnie C. Lind            
Name:  Bonnie C. Lind
Title:    Senior Vice President, Chief Financial Officer and Treasurer

NEENAH GLOBAL HOLDINGS B.V.

                        
By:    /s/ Bonnie C. Lind            
Name:  Bonnie C. Lind
Title:    Managing Director

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

NEENAH PAPER INTERNATIONAL FINANCE COMPANY B.V.

By:    /s/ Bonnie C. Lind            
Name:  Bonnie C. Lind
Title:    Managing Director

By:    TMF Netherlands B.V., Managing Director

By:   /s/ Danny Timmers                 
Name: Danny Timmers
Title: Proxy Holder A

By:   /s/ Linde Rolfes                      
Name: Linde Rolfes
Title: Proxy Holder B

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

JPMORGAN CHASE BANK, N.A., 
as Administrative Agent, Issuing Bank, Swingline Lender and a Domestic Tranche Lender

By:    /s/ Antje B. Focke                       
Name:    Antje B. Focke 
Title:    Authorized Officer

J.P. MORGAN EUROPE LIMITED, 
as German Collateral Agent 

By:    /s/ Kennedy A. Capin                      
Name:    Kennedy A. Capin 
Title:    Authorized Officer

JPMORGAN CHASE BANK, N.A. (LONDON BRANCH), 
as a German Tranche Lender 

By:    /s/ Kennedy A. Capin                      
Name:    Kennedy A. Capin 
Title:    Authorized Officer

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

BANK OF AMERICA, N.A., 
as Syndication Agent and a Domestic Tranche Lender

By:    /s/ Dennis S. Losin                      
Name:    Dennis S. Losin 
Title:    Senior Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

BANK OF AMERICA, N.A., 
as a German Tranche Lender

By:    /s/ Dennis S. Losin                      
Name:    Dennis S. Losin 
Title:    Senior Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

COMMERZBANK AG, NEW YORK BRANCH, 
as a Domestic Tranche Lender

By:    /s/ Veli-Matti Ahonen                      
Name:    Veli-Matti Ahonen
Title:    Vice President

By:    /s/ Pedro Bell                               
Name:    Veli-Matti Ahonen
Title:    Managing Director

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

BMO HARRIS BANK, N.A., 
as a Domestic Tranche Lender

By:    /s/ Sarah E. Fyffe                 
Name:    Sarah E. Fyffe
Title:    Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

BMO HARRIS BANK, N.A., 
as a German Tranche Lender

By:    /s/ Sarah E. Fyffe                 
Name:    Sarah E. Fyffe
Title:    Vice President

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

GOLDMAN SACHS BANK USA, 
as a Domestic Tranche Lender

By:    /s/ Jaime Minieri                
Name:    Jamie Minieri
Title:    Authorized Signatory

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

GOLDMAN SACHS BANK USA, 
as a German Tranche Lender

By:    /s/ Jaime Minieri                
Name:    Jamie Minieri
Title:    Authorized Signatory

[SIGNATURE PAGE TO FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT – 
NEENAH, INC.]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00295-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00295-of-00352.parquet"}]]