Document:

15Q1_10Q_09.30.14_Exhibit 10.2

Exhibit 10.2

CARDINAL HEALTH, INC. 
RESTRICTED SHARE UNITS AGREEMENT
This Restricted Share Units Agreement (this “Agreement”) is entered into in Franklin County, Ohio.  On August 15, 2014 (the “Grant Date”), Cardinal Health, Inc., an Ohio corporation (the “Company”), has awarded to Jeffrey W. Henderson (“Awardee”) 24,500 restricted share units (the “Restricted Share Units” or “Award”), representing an unfunded unsecured promise of the Company to deliver common shares, without par value, of the Company (the “Shares”) to Awardee as set forth herein.  The Restricted Share Units have been granted pursuant to the Cardinal Health, Inc. 2011 Long-Term Incentive Plan (the “Plan”), and are subject to all provisions of the Plan, which are incorporated herein by reference, and are subject to the provisions of this Agreement.  Capitalized terms used in this Agreement which are not specifically defined have the meanings ascribed to such terms in the Plan.
1.Vesting of Restricted Share Units.  
(a)    General.  The Restricted Share Units vest on the first anniversary of the Grant Date (the “Vesting Date”), subject in each case to the provisions of this Agreement, including those relating to the Awardee’s continued employment with the Company and its Affiliates (collectively, the “Cardinal Group”).
(b)    Change of Control.  In the event of a Change of Control prior to a Termination of Employment, the Restricted Share Units vest in full, unless a Replacement Award is provided to Awardee in accordance with Section 16(b) of the Plan.  Any Replacement Award must vest in full upon (i) a Termination for Good Reason by Awardee (provided that no later than 90 days following an event otherwise permitting a Termination for Good Reason, Awardee gives notice to the Company of the occurrence of such event and the Company fails to cure the event within 30 days following its receipt of such notice), (ii) a Termination of Employment by the Company or its successor in the Change of Control other than a Termination for Cause, or (iii) Awardee’s death or Disability, in each case, occurring during the period of two years after the Change of Control.  In addition, if a Replacement Award is provided, any Restricted Share Units that would vest in accordance with Paragraphs 3(b) or (c) in connection with Awardee’s Retirement or Disability if Awardee’s Termination of Employment occurred on the date of the Change of Control will for purposes of this Agreement vest at the time of the Change of Control.
2.    Transferability.  The Restricted Share Units are not transferable.
3.    Termination of Employment.
(a)    General.  Except as set forth in Paragraphs 1(b) and 3(b) and (c), if a Termination of Employment occurs prior to the vesting of a Restricted Share Unit, such Restricted Share Unit is forfeited by Awardee immediately after such Termination of Employment.
(b)    Death or Disability.  If a Termination of Employment occurs prior to the vesting in full of the Restricted Share Units by reason of Awardee’s death or Disability, then any unvested Restricted Share Units immediately vest in full and are not forfeited.
(c)    Retirement.  If a Termination of Employment occurs prior to the vesting in full of the Restricted Share Units by reason of Awardee’s Retirement, but at least 6 months from the Grant Date, then a Ratable Portion of each installment of the Restricted Share Units that would have vested on each future Vesting Date, to the extent not previously vested, immediately vests and is not forfeited.  Such “Ratable Portion,” with respect to the applicable installment, is an amount equal to such installment of the 

Restricted Share Units scheduled to vest on the applicable Vesting Date multiplied by a fraction, the numerator of which is the number of days from the Grant Date through the date of such termination, and the denominator of which is the number of days from the Grant Date through such Vesting Date.
4.    Special Forfeiture and Repayment Rules.  This Agreement contains special forfeiture and repayment rules intended to encourage conduct that protects the Cardinal Group's legitimate business assets and discourage conduct that threatens or harms those assets.  The Company does not intend to have the benefits of this Agreement reward or subsidize conduct detrimental to the Company, and therefore will require the forfeiture of the benefits offered under this Agreement and the repayment of gains obtained from this Agreement, according to the rules specified below.  Activities that trigger the forfeiture and repayment rules are divided into two categories: Misconduct and Competitor Conduct.
(a)    Misconduct.  During employment with the Cardinal Group and for three years after the Termination of Employment for any reason, Awardee agrees not to engage in Misconduct.  If Awardee engages in Misconduct during employment or within three years after the Termination of Employment for any reason, then 
(i)    Awardee immediately forfeits the Restricted Share Units that have not yet vested or that vested at any time within three years prior to the Misconduct and have not yet been paid pursuant to Paragraph 5 hereof, and those forfeited Restricted Share Units automatically terminate, and 
(ii)    Awardee shall, within 30 days following written notice from the Company, pay to the Company in cash an amount equal to (A) the gross gain to Awardee resulting from the payment of Restricted Share Units pursuant to Paragraph 5 hereof that had vested at any time within three years prior to the date the Misconduct first occurred (as determined by the Administrator) less (B) $1.00.  The gross gain is the Fair Market Value of the Shares represented by the Restricted Share Units on the date of receipt.
As used in this Agreement, “Misconduct” means 
(A)    disclosing or using any of the Cardinal Group's confidential information (as defined by the applicable Cardinal Group policies and agreements) without proper authorization from the Cardinal Group or in any capacity other than as necessary for the performance of Awardee's assigned duties for the Cardinal Group; 
(B)    violation of applicable Cardinal Group policies, including but not limited to conduct which would constitute a breach of any representation or certificate of compliance signed by Awardee; 
(C)    fraud, gross negligence or willful misconduct by Awardee, including but not limited to fraud, gross negligence or willful misconduct causing or contributing to a material error resulting in a restatement of the financial statements of any member of the Cardinal Group; 
(D)    directly or indirectly soliciting or recruiting for employment or contract work on behalf of a person or entity other than a member of the Cardinal Group, any person who is an employee, representative, officer or director in the Cardinal Group or who held one or more of those positions at any time within the 12 months prior to Awardee’s Termination of Employment; 

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(E)    directly or indirectly inducing, encouraging or causing an employee of the Cardinal Group to terminate his/her employment or a contract worker to terminate his/her contract with a member of the Cardinal Group; 
(F)    any action by Awardee and/or his or her representatives that either does or could reasonably be expected to undermine, diminish or otherwise damage the relationship between the Cardinal Group and any of its customers, prospective customers, vendors, suppliers and/or employees known to Awardee; and 
(G)    breaching any provision of any employment or severance agreement with a member of the Cardinal Group.  
(b)    Competitor Conduct.  If Awardee chooses to engage in Competitor Conduct during employment or within one year after the Termination of Employment for any reason, then 
(i)    Awardee immediately forfeits the Restricted Share Units that have not yet vested or that vested at any time within one year prior to the Competitor Conduct and have not yet been paid pursuant to Paragraph 5 hereof, and those forfeited Restricted Share Units automatically terminate, and 
(ii)    Awardee shall, within 30 days following written notice from the Company, pay to the Company in cash an amount equal to (A) the gross gain to Awardee resulting from the payment of Restricted Share Units pursuant to Paragraph 5 hereof that had vested at any time since the earlier of one year prior to the date the Competitor Conduct first occurred (as determined by the Administrator) or one year prior to the Termination of Employment, if applicable, less (B) $1.00.  The gross gain is the Fair Market Value of the Shares represented by the Restricted Share Units on the date of receipt.
As used in this Agreement, “Competitor Conduct” means accepting employment with, or directly or indirectly providing services to, a Competitor in the United States.  If Awardee has a Termination of Employment and Awardee’s responsibilities to the Cardinal Group were limited to a specific territory or territories within or outside the United States during the 24 months prior to the Termination of Employment, then Competitor Conduct will be limited to that specific territory or territories.  A “Competitor” means any person or business that competes with the products or services provided by a member of the Cardinal Group for which Awardee had business responsibilities within 24 months prior to Termination of Employment or about which Awardee obtained confidential information (as defined by the applicable Cardinal Group policies or agreements).  
(c)    General.
(i)    Nothing in this Paragraph 4 constitutes or is to be construed as a “noncompete” covenant or other restraint on employment or trade.  The provisions of this Paragraph do not prevent, nor are they intended to prevent, Awardee from seeking or accepting employment or other work outside the Cardinal Group.  The execution of this Agreement is voluntary.  Awardee is free to choose to comply with the terms of this Agreement and receive the benefits offered or else reject this Agreement with no adverse consequences to Awardee’s employment with the Cardinal Group.

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(ii)    Awardee agrees to provide the Company with at least 10 days’ written notice prior to accepting employment with or providing services to a Competitor within one year after Termination of Employment.  
(iii)    Awardee acknowledges receiving sufficient consideration for the requirements of this Paragraph 4, including Awardee’s receipt of the Restricted Share Units.  Awardee further acknowledges that the Company would not provide the Restricted Share Units to Awardee without Awardee's promise to abide by the terms of this Paragraph 4.  The parties also acknowledge that the provisions contained in this Paragraph 4 are ancillary to, or part of, an otherwise enforceable agreement at the time this Agreement is made.
(iv)    Awardee may be released from the obligations of this Paragraph 4 if and only if the Administrator determines, in writing and in the Administrator's sole discretion, that a release is in the best interests of the Company.
5.    Payment.
(1)    General.  Subject to the provisions of Paragraph 4 of this Agreement and Paragraphs 5(b), (c), (d) and (e) below, Awardee is entitled to receive from the Company (without any payment on behalf of Awardee other than as described in Paragraph 9) the Shares represented by the Restricted Share Units on the Vesting Date.
(a)    Death.  To the extent that Restricted Share Units are vested on the date of Awardee’s Termination of Employment due to death, Awardee is entitled to receive the corresponding Shares from the Company on the date of death.
(b)    Disability, Retirement and Other Separations from Service.  To the extent that Restricted Share Units are vested as the result of Disability, Retirement or otherwise on the date of Awardee’s “separation from service” (determined in accordance with Section 409A of the Code), Awardee is entitled to receive the corresponding Shares from the Company on the date of Awardee’s “separation from service”; provided, however, that if Awardee on the date of separation from service is a “specified employee” (certain officers of the Cardinal Group within the meaning of Section 409A of the Code determined using the identification methodology selected by the Company from time to time), Awardee is entitled to receive the corresponding Shares from the Company on the first day of the seventh month after the date of Awardee’s separation from service or, if earlier, the date of Awardee’s death.
(c)    Change of Control.  To the extent that Restricted Share Units are vested on the date of a Change of Control, Awardee is entitled to receive the corresponding Shares from the Company on the date of the Change of Control; provided, however, that if such Change of Control would not qualify as a permissible date of distribution under Section 409A(a)(2)(A) of the Code, and the regulations thereunder, and where Section 409A of the Code applies to such distribution, Awardee is entitled to receive the corresponding Shares from the Company on the date that would have otherwise applied pursuant to Paragraphs 5(a), (b) or (c).
(d)    Elections to Defer Receipt.  Elections to defer receipt of the Shares beyond the date of payment provided herein may be permitted in the discretion of the Administrator pursuant to procedures established by the Administrator in compliance with the requirements of Section 409A of the Code.
6.    Dividend Equivalents.  Awardee is not entitled to receive cash dividends on the Restricted Share Units, but will receive a dividend equivalent payment from the Company in an amount equal to the 

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dividends that would have been paid on each Share paid under this Agreement if it had been outstanding between the Grant Date and the payment date of any Shares represented by the Restricted Share Units (i.e., based on the record date for cash dividends).  Subject to an election to defer receipt as permitted under Paragraph 5(e), the Company shall pay dividend equivalent payments in cash on the payment date of the Shares represented by the Restricted Share Units.
7.    Right of Set-Off.  By accepting these Restricted Share Units, Awardee consents to a deduction from, and set-off against, any amounts owed to Awardee that are not treated as “non-qualified deferred compensation” under Section 409A of the Code by any member of the Cardinal Group from time to time (including, but not limited to, amounts owed to Awardee as wages, severance payments or other fringe benefits) to the extent of the amounts owed to the Cardinal Group by Awardee under this Agreement.
8.    No Shareholder Rights.  Awardee has no rights of a shareholder with respect to the Restricted Share Units, including no right to vote the Shares represented by the Restricted Share Units, until such Shares vest and are paid to Awardee.
9.    Withholding Tax.
(a)    Generally.  Awardee is liable and responsible for all taxes owed in connection with the Restricted Share Units (including taxes owed with respect to the cash payments described in Paragraph 6 hereof), regardless of any action the Company takes with respect to any tax withholding obligations that arise in connection with the Restricted Share Units.  The Company does not make any representation or undertaking regarding the tax treatment or the treatment of any tax withholding in connection with the grant or vesting of the Restricted Share Units or the subsequent sale of Shares issuable pursuant to the Restricted Share Units.  The Company does not commit and is under no obligation to structure the Restricted Share Units to reduce or eliminate Awardee’s tax liability.
(b)    Payment of Withholding Taxes.  Prior to any event in connection with the Restricted Share Units (e.g., vesting or payment) that the Company determines may result in any domestic or foreign tax withholding obligation, whether national, federal, state or local, including any employment tax obligation (the “Tax Withholding Obligation”), Awardee is required to arrange for the satisfaction of the minimum amount of such Tax Withholding Obligation in a manner acceptable to the Company.  Unless Awardee elects to satisfy the Tax Withholding Obligation by an alternative means that is then permitted by the Administrator, Awardee’s acceptance of this Agreement constitutes Awardee’s instruction and authorization to the Company to withhold on Awardee’s behalf the number of Shares from those Shares issuable to Awardee under this Award as the Company determines to be sufficient to satisfy the Tax Withholding Obligation as and when any such Tax Withholding Obligation becomes due.  In the case of any amounts withheld for taxes pursuant to this provision in the form of Shares, the amount withheld may not exceed the minimum required by applicable law and regulations.  The Company has the right to deduct from all cash payments paid pursuant to Paragraph 6 hereof the amount of any taxes which the Company is required to withhold with respect to such payments.
10.    Governing Law/Venue for Dispute Resolution/Costs and Legal Fees.  This Agreement is governed by the laws of the State of Ohio, without regard to principles of conflicts of law, except to the extent superseded by the laws of the United States of America.  The parties agree and acknowledge that the laws of the State of Ohio bear a substantial relationship to the parties and/or this Agreement and that the Restricted Share Units and benefits granted herein would not be granted without the governance of this Agreement by the laws of the State of Ohio.  In addition, all legal 

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actions or proceedings relating to this Agreement must be brought exclusively in state or federal courts located in Franklin County, Ohio and the parties executing this Agreement hereby consent to the personal jurisdiction of such courts.  Awardee acknowledges that the covenants contained in Paragraph 4 of this Agreement are reasonable in nature, are fundamental for the protection of the Company’s legitimate business and proprietary interests, and do not adversely affect Awardee’s ability to earn a living.  In the event that it becomes necessary for the Company to institute legal proceedings under this Agreement, Awardee is responsible to the Company for all costs and reasonable legal fees incurred by the Company in connection with the proceedings.  Any provision of this Agreement which is determined by a court of competent jurisdiction to be invalid or unenforceable should be construed or limited in a manner that is valid and enforceable and that comes closest to the business objectives intended by the provision, without invalidating or rendering unenforceable the remaining provisions of this Agreement.
11.    Action by the Administrator.  The parties agree that the interpretation of this Agreement rests exclusively and completely within the sole discretion of the Administrator.  The parties agree to be bound by the decisions of the Administrator with regard to the interpretation of this Agreement and with regard to any and all matters set forth in this Agreement.  In fulfilling its responsibilities hereunder, the Administrator may rely upon documents, written statements of the parties, financial reports or other material as the Administrator deems appropriate.  The parties agree that there is no right to be heard or to appear before the Administrator and that any decision of the Administrator relating to this Agreement, including whether particular conduct constitutes Misconduct or Competitor Conduct, is final and binding.  The Administrator may delegate its functions under this Agreement to an officer of the Cardinal Group designated by the Administrator.  
12.    Prompt Acceptance of Agreement.  The Restricted Share Unit grant evidenced by this Agreement will, at the discretion of the Administrator, be forfeited if this Agreement is not manually executed and returned to the Company, or electronically executed by Awardee by indicating Awardee’s acceptance of this Agreement in accordance with the acceptance procedures set forth on the Company’s third-party equity plan administrator’s web site, within 90 days of the Grant Date.
13.    Electronic Delivery and Consent to Electronic Participation.  The Company may, in its sole discretion, decide to deliver any documents related to the Restricted Share Unit grant under and participation in the Plan or future Restricted Share Units that may be granted under the Plan by electronic means or to request Awardee’s consent to participate in the Plan by electronic means.  Awardee hereby consents to receive such documents by electronic delivery and to participate in the Plan through an on-line or electronic system established and maintained by the Company or another third party designated by the Company, including the acceptance of restricted share unit grants and the execution of restricted share unit agreements through electronic signature.
14.    Notices.  All notices, requests, consents and other communications required or provided under this Agreement to be delivered by Awardee to the Company will be in writing and will be deemed sufficient if delivered by hand, nationally recognized overnight courier, or certified or registered mail, return receipt requested, postage prepaid, and will be effective upon delivery to the Company at the address set forth below:
Cardinal Health, Inc.
7000 Cardinal Place
Dublin, Ohio 43017
Attention:  General Counsel

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All notices, requests, consents and other communications required or provided under this Agreement to be delivered by the Company to Awardee may be delivered by e-mail or in writing and will be deemed sufficient if delivered by e-mail, hand, facsimile, nationally recognized overnight courier, or certified or registered mail, return receipt requested, postage prepaid, and will be effective upon delivery to Awardee.
15.    Employment Agreement, Offer Letter or Other Arrangement.  To the extent a written employment agreement, offer letter or other arrangement (“Employment Arrangement”) that was approved by the Human Resources and Compensation Committee or the Board of Directors or that was approved in writing by an officer of the Company pursuant to delegated authority of the Human Resources and Compensation Committee provides for greater benefits to Awardee with respect to vesting of the Award on Termination of Employment than provided in this Agreement or in the Plan, then the terms of such Employment Arrangement with respect to vesting of the Award on Termination of Employment by reason of such specified events supersede the terms hereof to the extent permitted by the terms of the Plan.  In addition, the provisions in Section 4 of this Agreement defining “Misconduct” and “Competitor Conduct” and the related time periods will be interpreted no more broadly than the provisions of Awardee’s Confidentiality and Business Protection Agreement effective as of June 10, 2014.
16.    Recoupment.  This Agreement will be administered in compliance with Section 10D of the Exchange Act and any applicable rules or regulations promulgated by the Securities and Exchange Commission or any national securities exchange or national securities association on which the Shares may be traded.   In its discretion, moreover, the Administrator may require repayment to the Company of all or any portion of this Award if the amount of the Award was calculated based upon the achievement of certain financial results that were subsequently the subject of a restatement of the Company’s financial statements, Awardee engaged in misconduct that caused or contributed to the need for the restatement of the financial statements, and the amount payable to Awardee would have been lower than the amount actually paid to Awardee had the financial results been properly reported.  This Paragraph 16 is not the Company’s exclusive remedy with respect to such matters.  This Paragraph 16 will not apply after a Change of Control.
17.    Amendment.  Any amendment to the Plan is deemed to be an amendment to this Agreement to the extent that the amendment is applicable hereto; provided, however, that no amendment may impair the rights of Awardee with respect to an outstanding Restricted Share Unit unless agreed to by Awardee and the Company, which agreement must be in writing and signed by Awardee and the Company.  Other than following a Change of Control, no such agreement is required if the Administrator determines in its sole discretion that such amendment either (a) is required or advisable in order for the Company, the Plan or the Restricted Share Units to satisfy any Applicable Law or to meet the requirements of any accounting standard or (b) is not reasonably likely to significantly diminish the benefits provided under the Restricted Share Units, or that any such diminishment has been adequately compensated.
	
					
	 
	CARDINAL HEALTH, INC.

	 
	By: /s/ George S. Barrett

	 
	Its: Chairman and Chief Executive Officer

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ACCEPTANCE OF AGREEMENT
Awardee hereby: (a) acknowledges that he or she has received a copy of the Plan, a copy of the Company’s most recent annual report to shareholders and other communications routinely distributed to the Company’s shareholders, and a copy of the Plan Description pertaining to the Plan; (b) accepts this Agreement and the Restricted Share Units granted to him or her under this Agreement subject to all provisions of the Plan and this Agreement, including the provisions in the Agreement regarding “Recoupment” set forth in Paragraph 16 above and “Misconduct,” “Competitor Conduct” and “Special Forfeiture and Repayment Rules” set forth in Paragraph 4 above; (c)  represents that he or she understands that the acceptance of this Agreement through an on-line or electronic system, if applicable, carries the same legal significance as if he or she manually signed the Agreement; and (d) agrees that no transfer of the Shares delivered in respect of the Restricted Share Units may be made unless the Shares have been duly registered under all applicable Federal and state securities laws pursuant to a then-effective registration which contemplates the proposed transfer or unless the Company has received a written opinion of, or satisfactory to, its legal counsel that the proposed transfer is exempt from such registration.

	
					
	 
	 /s/ Jeffrey W. Henderson

	 
	Awardee's Signature

	 
	11/4/14

	 
	Date

815Q1_10Q_09.30.14_Exhibit 10.3

Exhibit 10.3

FIRST AMENDMENT AND JOINDER
TO THE
FOURTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT

This FIRST AMENDMENT AND JOINDER TO THE FOURTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT (this “Amendment”), dated as of November 3, 2014, is entered into by and among the following parties:
(i)CARDINAL HEALTH FUNDING, LLC, a Nevada limited liability company (the “Seller”);
(i)    GRIFFIN CAPITAL, LLC, a Nevada limited liability company (“Griffin” and, together with the Seller, the “Seller Parties” and each, a “Seller Party”);
(ii)    WELLS FARGO BANK, N.A. (“WF”) as a Financial Institution and as the Managing Agent for WF’s Purchaser Group;
(iii)    LIBERTY STREET FUNDING LLC (“Liberty Street”), as a Conduit;
(iv)    THE BANK OF NOVA SCOTIA (“BNS”), as the Related Financial Institution for Liberty Street and as the Managing Agent for Liberty Street’s Purchaser Group;
(v)    ATLANTIC ASSET SECURITIZATION LLC (“Atlantic”), as a new Conduit;
(vi)    CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK NEW YORK BRANCH (“Credit Agricole”), as the new Related Financial Institution for Atlantic and as the new Managing Agent for Atlantic’s Purchaser Group;
(vii)    PNC BANK, NATIONAL ASSOCIATION (“PNC”), as a Financial Institution, as the Managing Agent for PNC’s Purchaser Group and as an LC Bank;
(viii)    VICTORY RECEIVABLES CORPORATION (“Victory”), as a Conduit; and
(ix)    THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., NEW YORK BRANCH (“BTMUNY”), as the Related Financial Institution for Victory, as Managing Agent for Victory’s Purchaser Group and as the Agent.
PRELIMINARY STATEMENTS
WHEREAS, the parties hereto (other than Atlantic and Credit Agricole) are parties to that certain Fourth Amended and Restated Receivables Purchase Agreement, dated as of November 1, 2013 (as amended, supplemented or otherwise modified from time to time, the “Receivables Purchase Agreement”);

WHEREAS, each of Atlantic, as a Conduit, and Credit Agricole, as the Related Financial Institution for Atlantic and as the Managing Agent for Atlantic’s Purchaser Group, desires to become a party to the Receivables Purchase Agreement;
WHEREAS, the parties hereto desire to adjust the Financial Institutions’ respective Commitments as set forth herein;
WHEREAS, concurrently herewith, Cardinal Health 200, LLC, a Delaware limited liability company (“CH-200”) and Allegiance Corporation, a Delaware corporation (“Allegiance”) are entering into that certain Receivables Sale Agreement, dated as of the date hereof (the “New Sub-Originator Sale Agreement”);
WHEREAS, concurrently herewith, Allegiance and Griffin are entering into that certain Receivables Purchase and Sale Agreement, dated as of the date hereof (the “New Griffin RPA”);
WHEREAS, concurrently herewith, the Performance Guarantor is executing and delivering that certain Sixth Amended and Restated Performance Guaranty, dated as of the date hereof (the “New Performance Guaranty”);
WHEREAS, concurrently herewith, the Seller and the Agent are entering into that certain letter agreement, dated as of the date hereof (the “New Collection Account Disclosure Letter”);
WHEREAS, concurrently herewith, the Seller Parties, the Agent and JPMorgan Chase Bank, N.A. are entering into that certain Amendment No. 1 to Blocked Account Control Agreement (“Shifting Control”), dated as of the date hereof (the “JPM Blocked Account Agreement Amendment”);
WHEREAS, concurrently herewith, each of the parties hereto (other than Griffin) are entering into that certain Amended and Restated Fee Letter, dated as of the date hereof (the “A&R Fee Letter”; together with the New Sub-Originator Sale Agreement, the New Griffin RPA, the New Performance Guaranty, the New Collection Account Disclosure Letter and the JPM Blocked Account Agreement Amendment, collectively, the “Related Agreements”); and
WHEREAS, the parties hereto desire to amend the Receivables Purchase Agreement as set forth herein. 
NOW, THEREFORE, in consideration of the premises herein contained and for other good and valuable consideration, the receipt and adequacy of which the parties hereto hereby acknowledge, the parties hereto agree as follows:
Section 1.    Definitions.  Capitalized terms used herein and not otherwise defined herein shall have the respective meanings assigned thereto in the Receivables Purchase Agreement.

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Section 2.    Joinder of Atlantic and Credit Agricole to the Receivables Purchase Agreement; Pro Rata Shares.
(a)    Atlantic as a Conduit.  From and after the date hereof, Atlantic shall be a Conduit party to the Receivables Purchase Agreement for all purposes thereof and of the other Transaction Documents as if Atlantic were an original party to the Receivables Purchase Agreement, and Atlantic assumes all related rights and agrees to be bound by all of the terms and provisions applicable to Conduits and contained in the Receivables Purchase Agreement and the other Transaction Documents.  Atlantic confirms that (i) it has received a copy of the Receivables Purchase Agreement and copies of such other Transaction Documents, and other documents and information as it has requested and deemed appropriate to make its own credit analysis and decision to enter into this Amendment and the Receivables Purchase Agreement and (ii) it will, independently and without reliance upon the Agent, any other Conduit, any Managing Agent, any Financial Institution or any other Purchaser and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Receivables Purchase Agreement and the other Transaction Documents.
(b)    Credit Agricole as a Financial Institution.  From and after the date hereof, Credit Agricole shall be the Related Financial Institution for Atlantic party to the Receivables Purchase Agreement for all purposes thereof and of the other Transaction Documents as if Credit Agricole were an original party to the Receivables Purchase Agreement, and Credit Agricole assumes all related rights and agrees to be bound by all of the terms and provisions applicable to Financial Institutions contained in the Receivables Purchase Agreement and the other Transaction Documents.  Credit Agricole confirms that (i) it has received a copy of the Receivables Purchase Agreement and copies of such other Transaction Documents, and other documents and information as it has requested and deemed appropriate to make its own credit analysis and decision to enter into this Amendment and the Receivables Purchase Agreement and (ii) it will, independently and without reliance upon the Agent, any Conduit, any Managing Agent, any other Financial Institution or any other Purchaser and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Receivables Purchase Agreement and the other Transaction Documents.
(c)    Appointment of Credit Agricole as Managing Agent of Atlantic’s Purchaser Group.  Pursuant to and in accordance with Section 13.1 of the Receivables Purchase Agreement, each of Atlantic and Credit Agricole hereby designates Credit Agricole as, and Credit Agricole hereby agrees to perform the duties and obligations of, the Managing Agent for Atlantic’s Purchaser Group.  From and after the date hereof, Credit Agricole shall be a Managing Agent party to the Receivables Purchase Agreement, for all purposes of the Receivables Purchase Agreement and the other Transaction Documents as if Credit Agricole were an original party to the Receivables Purchase Agreement, and Credit Agricole assumes all related rights and agrees to be bound by all of the terms and provisions applicable to Managing Agents contained in the Receivables Purchase Agreement and the other Transaction Documents.

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(d)    Commitments of Atlantic’s Purchaser Group.  Effective as of the date hereof, Credit Agricole’s Commitment, as Related Financial Institution for Atlantic, shall be the amount set forth on Schedule A hereto.
(e)    Consent to Joinder.  Each of the parties hereto consents to the foregoing joinder of Atlantic and Credit Agricole as parties to the Receivables Purchase Agreement and waives any otherwise applicable conditions precedent thereto under the Receivables Purchase Agreement and the other Transaction Documents (other than as set forth herein).
(f)    Pro Rata Shares.  For the avoidance of doubt, each of the parties hereto hereby acknowledge and agree that (i) as of the date hereof, the LC Exposure is an amount equal to $41,332,389 and (ii) after giving effect to this Amendment, as of the date hereof each Purchaser Group’s Pro Rata Share and Pro Rata Share of the LC Exposure are as set forth in the following table:
	
			
	Purchaser Group
	Pro Rata Share
	Pro Rata Share of LC Exposure

	Victory Receivables Corporation
	36.8421%
	$15,227,722.26

	Wells Fargo Bank, N.A.
	18.4211%
	$7,613,861.13

	Liberty Street Funding LLC
	18.4211%
	$7,613,861.13

	PNC Bank, National Association
	13.1579%
	$5,438,472.24

	Atlantic Asset Securitization LLC
	13.1579%
	$5,438,472.24

Section 3.    Amendments to the Receivables Purchase Agreement. The Receivables Purchase Agreement is hereby amended as follows:
(a)    Section 5.1(k) of the Receivables Purchase Agreement is amended and restated as follows:
(k)    Not an Investment Company.  Such Seller Party is neither (i) an “investment company” within the meaning of the Investment Company Act of 1940, as amended, or any successor statute nor (ii) a “covered fund” under Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
(b)    Section 5.1(p) of the Receivables Purchase Agreement is hereby replaced in its entirety with the following:
(p)    Anti-Terrorism Laws.  Neither such Seller Party nor, to the knowledge of such Seller Party, any director, officer, employee, agent or Affiliate of such Seller Party is (i) in violation of any of the laws, regulations and executive orders administered by OFAC, including the International Emergency Economic Powers Act (50 U.S.C. §§ 1701-1705), the Trading with the Enemy Act (50 U.S.C. App. §§ 1-44), and the Office of Foreign 

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Assets Control, Department of the Treasury regulations (31 C.F.R. Parts 500 et seq.) or (ii) a Designated Person.
(c)    The following new Section 7.2(i) is hereby added to the Receivables Purchase Agreement immediately following existing Section 7.2(h) thereof:
(i)    Anti-Terrorism Laws.  Such Seller Party will not knowingly use the proceeds of any Incremental Purchase or Reinvestment, or knowingly lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other Person (i) to, directly or indirectly, fund any activities or business of or with any Designated Person, or in any Sanctioned Country or any country or territory, that at the time of such funding is the subject of any sanctions under any Sanctions Laws and Regulations or (ii) in any other manner that would result in a violation of any Sanctions Laws and Regulations by any party to this Agreement or any Affected Party.
(d)    Section 9.1(f) of the Receivables Purchase Agreement is amended by deleting the percentage “4.5%” where it appears therein and substituting the percentage “6.00%” therefor.
(e)    Clause (ii) of Section 9.1(g) of the Receivables Purchase Agreement is amended by deleting the percentage “5.25%” where it appears therein and substituting the percentage “5.50%” therefor.
(f)    Sub-clause (H) of clause (i) of Section 14.1(b) of the Receivables Purchase Agreement is hereby replaced in its entirety with the following:
(H) except as expressly set forth herein and in the other Transaction Documents, (x) release all or a material portion of the Collateral from the Agent’s security interest created hereunder or (y) release or terminate the Performance Guaranty or
(g)    The following new defined terms and definitions thereof are added to Exhibit I to the Receivables Purchase Agreement in the appropriate alphabetical order:
“Credit Agricole” means Credit Agricole Corporate and Investment Bank New York Branch, and its successors.
“Credit Agricole Conduit” means Atlantic Asset Securitization LLC and its successors.
“Designated Person” means a Person (a) listed in the annex to any Executive Order, (b) that is a Sanctioned Person or (c) otherwise subject to sanctions under any Sanctions Laws and Regulations.
“Executive Order” has the meaning set forth in the definition of “Sanctions Laws and Regulations”. 

4

“Sanctions Laws and Regulations” means any sanctions, prohibitions or requirements imposed by any executive order administered by OFAC (such order, an “Executive Order”) or by any sanctions program administered by OFAC.
(h)    The definition of “Approved Sub-Originator” set forth in Exhibit I of the Receivables Purchase Agreement is hereby replaced in its entirety with the following:
“Approved Sub-Originator” means each of the following Persons and their successors:
(i)    Leader Drugstores, Inc., a Delaware corporation;
(ii)    Cardinal Health Pharmacy Services, LLC, a Delaware limited liability company;
(iii)    Medicine Shoppe International, Inc., a Delaware corporation;
(iv)    Cardinal Health 108, LLC, a Delaware limited liability company;
(v)    Cardinal Health Systems, Inc, an Ohio corporation;
(vi)    Cardinal Health 200, LLC, a Delaware limited liability company; and
(vii)    any other Person approved in writing by the Agent and the Required Financial Institutions as an “Approved Sub-Originator” from time to time.
(i)    The definition of “Collection Account Disclosure Letter” set forth in Exhibit I of the Receivables Purchase Agreement is hereby replaced in its entirety with the following:
“Collection Account Disclosure Letter” means that certain letter between the Seller and the Agent dated November 3, 2014 identifying, among other things, the Collection Banks and the Collection Accounts.
(j)    Clause (i)(C) of the definition of “Eligible Receivable” set forth in Exhibit I of the Receivables Purchase Agreement is hereby replaced in its entirety with the following:
(C) is neither (I) a Designated Obligor nor (II) a Designated Person,
(k)    Clause (iv) of the definition of “Eligible Receivable” set forth in Exhibit I of the Receivables Purchase Agreement is hereby amended by deleting the percentage “5%” where it appears therein and substituting the percentage “ten percent (10%)” therefor.

5

(l)    Clause (xvi) of the definition of “Eligible Receivable” set forth in Exhibit I of the Receivables Purchase Agreement is hereby amended by deleting the percentage “five percent (5%)” where it appears therein and substituting the percentage “ten percent (10%)” therefor.
(m)    The definition of “Griffin RPA” set forth in Exhibit I of the Receivables Purchase Agreement is hereby replaced in its entirety with the following:
“Griffin RPA” means each of (i) that certain Second Amended and Restated Receivables Purchase and Sale Agreement, dated as of May 21, 2004, by and between Griffin and Cardinal Health 110, LLC, a Delaware limited liability company, formerly known as each of Cardinal Health 110, Inc. and Whitmire Distribution Corporation, and as successor by merger to Cardinal Syracuse, Inc., a New York corporation, Ohio Valley-Clarksburg, Inc., a Delaware corporation, Cardinal Health 106, Inc., a Massachusetts corporation, and Cardinal Health 103, Inc., a Mississippi corporation, (ii) that certain Receivables Purchase and Sale Agreement, dated as of June 20, 2007, by and between Griffin and Cardinal Health 411, Inc., an Ohio corporation, and (iii) that certain Receivables Purchase and Sale Agreement, dated as of November 3, 2014, by and between Griffin and Allegiance Corporation, a Delaware corporation, as each of the foregoing may be amended, restated or otherwise modified from time to time.
(n)    The definition of “Originator” set forth in Exhibit I of the Receivables Purchase Agreement is hereby replaced in its entirety with the following:
“Originator” means each of (i) Cardinal Health 110, LLC, a Delaware limited liability company, formerly known as each of Cardinal Health 110, Inc. and Whitmire Distribution Corporation, and as successor by merger to each of Cardinal Syracuse, Inc., a New York corporation, Ohio Valley-Clarksburg, Inc., a Delaware corporation, Cardinal Health 103, Inc., a Mississippi corporation, and Cardinal Health 106, Inc., a Massachusetts corporation, (ii) Allegiance Corporation, a Delaware corporation, and (iii) Cardinal Health 411, Inc., an Ohio corporation, each in its capacity as seller under the applicable Griffin RPA.
(o)    The definition of “Purchase Limit” set forth in Exhibit I of the Receivables Purchase Agreement is amended by deleting the amount “700,000,000” where it appears therein and substituting the amount “$950,000,000” therefor.
(p)    The definition of “Reserve Floor Percentage” set forth in Exhibit I of the Receivables Purchase Agreement is amended by deleting the percentage “21%” where it appears therein and substituting the percentage “25%” therefor.
(q)    The definition of “Scheduled Facility Termination Date” set forth in Exhibit I of the Receivables Purchase Agreement is amended by deleting the date “November 6, 2014” where it appears therein and substituting the date “November 3, 2017” therefor.

6

(r)    The definition of “Sub-Originator Sale Agreement” set forth in Exhibit I of the Receivables Purchase Agreement is hereby replaced in its entirety with the following:
“Sub-Originator Sale Agreement” means each of (i) each Receivables Sale Agreement between an Approved Sub-Originator and an Originator, dated as of March 1, 2010 and (ii) that certain Receivables Sale Agreement, dated as of November 3, 2014, between Cardinal Health 200, LLC, a Delaware limited liability company, and Allegiance Corporation, a Delaware corporation, as each of the foregoing may be amended, supplemented or otherwise modified from time to time.
(s)    Each of Exhibit II, Exhibit XI, Schedule A and Schedule C to the  Receivables Purchase Agreement is replaced in its entirety with new Exhibit II, Exhibit XI, Schedule A and Schedule C respectively, attached hereto.
(t)    The definition of “Concentration Limit” set forth in Schedule D of the Receivables Purchase Agreement is amended by (i) deleting the percentage “three percent (3%)” where it appears therein and substituting the percentage “five percent (5.00%)” therefor and (ii) deleting the percentage “21.00%” where it appears therein and substituting the percentage “25.00%” therefor.
Section 4.    Consent to Related Agreements.  Each of the parties hereto hereby acknowledges, agrees and consents to the execution and delivery of each of the Related Agreements.
Section 5.    Representations and Warranties. On the date hereof, each Seller Party hereby represents and warrants (as to itself) to the Purchasers, the Managing Agents and the Agent as follows:
(a)    after giving effect to this Amendment and each of the Related Agreements, no event or condition has occurred and is continuing which constitutes an Amortization Event or Potential Amortization Event;
(b)    after giving effect to this Amendment and each of the Related Agreements, the representations and warranties of such Person set forth in the Receivables Purchase Agreement and each other Transaction Document are true and correct as of the date hereof, as though made on and as of such date (except to the extent such representations and warranties relate solely to an earlier date and then as of such earlier date); and
(c)    this Amendment and each of the Related Agreements to which such Person is a party, constitutes the valid and binding obligation of such Person, enforceable against such Person in accordance with its terms.
Section 6.    Conditions to Effectiveness of this Amendment.  This Amendment shall become effective as of the date hereof upon receipt by the Agent of each of the following, in each case, in form and substance reasonably satisfactory to the Agent:

7

(a)    counterparts of this Amendment, duly executed by each of the parties hereto;
(b)    counterparts of each of the Related Agreements, duly executed by each of the parties thereto;
(c)    each of the documents, instruments, agreements, certificates and opinions listed on Annex A hereto; and
(d)    confirmation that each of the Financial Institutions has received its respective “Amendment Fee” (under and as defined in the A&R Fee Letter) in accordance with the A&R Fee Letter.
Section 7.    Miscellaneous.
(a)    Effect of Amendment; Ratification.  Except as specifically set forth herein, the Receivables Purchase Agreement (as amended hereby) is hereby ratified and confirmed in all respects, and all of its provisions shall remain in full force and effect.  After this Amendment becomes effective, all references in the Receivables Purchase Agreement (or in any other Transaction Document) to “the Receivables Purchase Agreement”, “this Agreement”, “hereof”, “herein”, or words of similar effect, in each case referring to the Receivables Purchase Agreement, shall be deemed to be references to the Receivables Purchase Agreement as amended hereby.  This Amendment shall not be deemed to expressly or impliedly waive, amend, or supplement any provision of the Receivables Purchase Agreement other than as specifically set forth herein.
(b)    Costs, Fees and Expenses.  The Seller agrees to reimburse each of the parties hereto (other than Griffin) on demand for all reasonable costs, fees and expenses incurred by such parties (including, without limitation, their reasonable fees and expenses of counsel) incurred in connection with the preparation, execution and delivery of this Amendment and each of the Related Agreements.
(c)    Counterparts; Delivery. This Amendment may be executed in any number of counterparts and by different parties on separate counterparts, and each counterpart shall be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.  Delivery of an executed counterpart of a signature page to this Amendment by facsimile or other electronic means shall be effective as delivery of a manually executed counterpart of this Amendment.
(d)    Severability.  Any provision contained in this Amendment which is held to be inoperative, unenforceable or invalid in any jurisdiction shall, as to that jurisdiction, be inoperative, unenforceable or invalid without affecting the remaining provisions of this Amendment in that jurisdiction or the operation, enforceability or validity of such provision in any other jurisdiction.
(e)    Section Headings. The various headings of this Amendment are inserted for convenience only and shall not affect the meaning or interpretation of this Amendment or the Receivables Purchase Agreement or any provision hereof or thereof.

8

(f)    GOVERNING LAW.  THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF ILLINOIS.
(g)    WAIVER OF TRIAL BY JURY.  EACH PARTY HERETO HEREBY WAIVES TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS AMENDMENT, ANY DOCUMENT EXECUTED BY ANY SELLER PARTY PURSUANT TO THIS AMENDMENT OR THE RELATIONSHIP ESTABLISHED HEREUNDER OR THEREUNDER.
(Signature Pages Follow)

9

IN WITNESS WHEREOF, the undersigned have caused this Amendment to be executed as of the date first above written.
CARDINAL HEALTH FUNDING, LLC, 
as Seller

By: /s/ Adrienne Kirby      
Name: Adrienne Kirby     
Title: President

GRIFFIN CAPITAL, LLC, 
as Servicer

By: /s/ Adrienne Kirby    
Name: Adrienne Kirby     
Title: President
 

    
	
			
	 
	S-1
	1st Amendment and Joinder to Fourth A&R Receivables Purchase Agreement

    

WELLS FARGO BANK, N.A.,
as a Financial Institution and as Managing Agent for WF’s Purchaser group

By: /s/ William P. Rutkowski    
Name: William P. Rutkowski
Title: Vice President

    
	
			
	 
	S-2
	1st Amendment and Joinder to Fourth A&R Receivables Purchase Agreement

    

ATLANTIC ASSET SECURITIZATION LLC, 
as a Conduit

By: /s/ Kostantina Kourmpetis    
Name: Konstantina Kourmpetis
Title: Managing Director

By: /s/ Jorge Fries    
Name: Jorge Fries
Title: Managing Director

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK NEW YORK BRANCH, 
as Related Financial Institution for Atlantic and as Managing Agent for Atlantic’s Purchaser Group

By: /s/ Konstantina Kourmpetis    
Name: Konstantina Kourmpetis
Title: Managing Director

By:/s/ Jorge Fries    
Name: Jorge Fries
Title: Managing Director

    
	
			
	 
	S-3
	1st Amendment and Joinder to Fourth A&R Receivables Purchase Agreement

    

PNC BANK, NATIONAL ASSOCIATION, 
as a Financial Institution and as Managing Agent for PNC’s Purchaser Group

By: /s/ Robyn Reeher    
Name: Robyn Reeher
Title: Vice President

PNC BANK, NATIONAL ASSOCIATION, 
as an LC Bank

By: /s/ Robyn Reeher    
Name: Robyn Reeher
Title: Vice President

    
	
			
	 
	S-4
	1st Amendment and Joinder to Fourth A&R Receivables Purchase Agreement

    

VICTORY RECEIVABLES CORPORATION, 
as a Conduit

By: /s/ David V. DeAngelis    
Name: David V. DeAngelis
Title: Vice President

THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., NEW YORK BRANCH,  
as Related Financial Institution for Victory 
 
 
By: /s/ B. McNany      
Name: B. McNany 
Title: Vice President 
 
 
THE BANK OF TOKYO-MITSUBISHI UFJ, LTD, NEW YORK BRANCH, 
as Managing Agent for Victory’s Purchaser Group 
 
 
By: /s/ Eric Williams     
Name: Eric Williams 
Title: Managing Director 
 
 
THE BANK OF TOKYO-MITSUBISHI UFJ, LTD, NEW YORK BRANCH, 
as Agent 
 
 
By: /s/ Eric Williams     
Name: Eric Williams 
Title: Managing Director

    
	
			
	 
	S-5
	1st Amendment and Joinder to Fourth A&R Receivables Purchase Agreement

    

LIBERTY STREET FUNDING LLC, 
as a Conduit 

By: /s/ John L. Fridlington    
Name: John L. Fridlington
Title: Vice President

THE BANK OF NOVA SCOTIA, 
as Related Financial Institution for Liberty Street and as Managing Agent for Liberty Street’s Purchaser Group

By: /s/ John Frazell    
Name: John Frazell
Title: Director

    
	
			
	 
	S-6
	1st Amendment and Joinder to Fourth A&R Receivables Purchase Agreement

    

 
ANNEX A
CLOSING MEMORANDUM
(Attached)

    
	
			
	 
	Annex A-1

	 

EXHIBIT II 
FORM OF PURCHASE NOTICE 

The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch, as Agent and a Managing Agent 
10th Floor 
1251 Avenue of the Americas 
New York, NY 10020
Attention: Luna Mills
PNC Bank, National Association, as a Managing Agent 
Three PNC Plaza 
225 Fifth Avenue 
Pittsburgh, PA  15222-2707 
Attention: Robyn Reeher 
The Bank of Nova Scotia, as a Managing Agent 
One Liberty Plaza 
New York, New York 10006 
Attention: Peter Gartland
Credit Agricole Corporate and Investment Bank New York Branch, as a Managing Agent
1301 Avenue of the Americas
New York, NY 10019
Attention: Debt Capital Markets – Securitization

Wells Fargo Bank, N.A., as a Managing Agent 
1600 Abernathy Road NE – 16th Floor 
Suite 1600 
Atlanta, GA 30328-5657 
Attention: Tim Brazeau, Jonathan Davis and Bill Rutkowski
Re:  PURCHASE NOTICE
Ladies and Gentlemen:
Reference is hereby made to the Fourth Amended and Restated Receivables Purchase Agreement, dated as of November 1, 2013, as amended, by and among Cardinal Health Funding, LLC, a Nevada limited liability company (the “Seller”), Griffin Capital, LLC, as Servicer, the Financial Institutions, the Conduits, the LC Banks, the Managing Agents and The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch, as Agent (as amended, restated, supplemented or otherwise modified from time to time, the “Receivables Purchase Agreement”).  Capitalized terms used herein shall have the meanings assigned to such terms in the Receivables Purchase Agreement.  The Agent and the Managing Agents are hereby notified of the following Incremental Purchase to be made [in cash / by the issuance of a Letter of Credit] as set forth below:

    
	
			
	 
	Exh. II-1

	 

[Use the following for cash-funded Incremental Purchases only]
	
		
	Purchase Price:
	$

	Portion of the Purchase Price Payable by the BNS Conduit’s Purchaser Group:1
	$

	Portion of Purchase Price Payable by the BTMU Conduit’s Purchaser Group:2
	$

	Portion of Purchase Price Payable by the Credit Agricole Conduit’s Purchaser Group:3
	$

	Portion of Purchase Price Payable by PNC:4
	$

	Portion of Purchase Price Payable by WF:5
	$

	Date of Purchase:
	 

	Requested Discount Rate:6
	LIBO Rate

	Requested Tranche Period:7
	[______________________________]

Please credit the Purchase Price in immediately available funds to our Facility Account [and then wire-transfer the Purchase Price in immediately available funds on the above-specified date of purchase to]:
[Account Name] 
[Account No.] 
[Bank Name & Address] 
[ABA #] 
Reference: 
Telephone advice to: [Name] @ tel. no. ( )
Please advise [Name] at telephone no. ( ) _________________ if any Conduit will not be making this purchase. 
[Use the following only for Incremental Purchases
involving the issuance of a Letter of Credit]
_______________________________
1This amount will be equal to the BNS Conduit’s Pro Rata Share of the Purchase Price specified above.
2This amount will be equal to the BTMU Conduit’s Pro Rata Share of the Purchase Price specified above.
3This amount will be equal to the Credit Agricole Conduit’s Pro Rata Share of the Purchase Price specified above.
4This amount will be equal to PNC’s Pro Rata Share of the Purchase Price specified above.
5This amount will be equal to WF’s Pro Rata Share of the Purchase Price specified above.
6This is only applicable in the case of Incremental Purchases funded by Financial Institutions.
7This is only applicable in the case of Incremental Purchases funded by Financial Institutions.

    
	
			
	 
	Exh. II-2

	 

Seller hereby requests that ___________, in its capacity as an LC Bank, issue a Letter of Credit with a face amount of $_____________ on ________________, 20__ (the “Date of Purchase”).  The related Letter of Credit Application has been completed in full by the Seller and is enclosed with this letter.
[Include the following for all Incremental Purchases]
In connection with the Incremental Purchase to be made on the above listed “Date of Purchase” (the “Purchase Date”), the Seller hereby certifies that the following statements are true on the date hereof, and will be true on the Purchase Date (before and after giving effect to the proposed Incremental Purchase):
(i)    the representations and warranties of the Seller set forth in Section 5.1 and 5.2 of the Receivables Purchase Agreement are true and correct on and as of the Purchase Date as though made on and as of such date (except to the extent such representations and warranties relate solely to an earlier date and then as of such earlier date);
(ii)    no event has occurred and is continuing, or would result from the proposed Incremental Purchase, that will constitute an Amortization Event or a Potential Amortization Event;
(iii)    the Amortization Date has not occurred, the Aggregate Capital plus the LC Exposure does not exceed the Purchase Limit and the aggregate Purchaser Interests do not exceed 100%; 
(iv)    none of the conditions or circumstances listed in sub-paragraphs (i) through (vi) of Section 1.1(a) of the Receivables Purchase Agreement exist at the time of, or would be caused to exist by, any Incremental Purchase requested hereby; and
(v)    the amount of Aggregate Capital is $_________ and the LC Exposure is $_________, in each case, after giving effect to the Incremental Purchase to be made on the Purchase Date.
Very truly yours, 
 
CARDINAL HEALTH FUNDING, LLC 
 
 
By:     
Name: 
Title:

    
	
			
	 
	Exh. II-3

	 

EXHIBIT XI 
 
FORM OF REDUCTION NOTICE 
 
_____________________, 20___
The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch, as Agent and a Managing Agent 
10th Floor 
1251 Avenue of the Americas 
New York, NY 10020 
Attention: Luna Mills
PNC Bank, National Association, as a Managing Agent 
Three PNC Plaza 
225 Fifth Avenue 
Pittsburgh, PA  15222-2707 
Attention: Robyn Reeher
The Bank of Nova Scotia, as a Managing Agent 
One Liberty Plaza 
New York, New York 10006 
Attention: Peter Gartland
Credit Agricole Corporate and Investment Bank New York Branch, as a Managing Agent
1301 Avenue of the Americas
New York, NY 10019
Attention: Debt Capital Markets – Securitization
Wells Fargo Bank, N.A., as a Managing Agent 
1600 Abernathy Road, NE – 16th Floor 
Suite 1600 
Atlanta, GA 30328-5657 
Attention: Tim Brazeau, Jonathan Davis and Bill Rutkowski
Ladies and Gentlemen:

    
	
			
	 
	Ex. XI-1

	 

The undersigned, ____________________________, refers to the Fourth Amended and Restated Receivables Purchase Agreement, dated as of November 1, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Receivables Purchase Agreement”, the terms defined therein being used herein as therein defined), among the undersigned, Griffin Capital, LLC, as Servicer (“Servicer”), certain Conduits party thereto, certain LC Banks party  thereto, certain Financial Institutions party thereto, certain Managing Agents party thereto and The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch, as Agent for such Conduits, LC Banks and Financial Institutions (the Conduits, LC Banks and the Financial Institutions, collectively, the “Purchasers”).  Pursuant to Section 1.3 of the Receivables Purchase Agreement, the undersigned hereby irrevocably notifies you that it will repay [all] [a portion] of the Capital outstanding under the Receivables Purchase Agreement and in that connection sets forth below the information relating to such repayment (the “Proposed Reduction”):
The Business Day of the Proposed Reduction is _________________, 20_____. 
The total amount of the Proposed Reduction is $_____________________. 

The Pro Rata Share of the Proposed Reduction for each Conduit is:
$______________ for Atlantic Asset Securitization LLC;
$______________ for Liberty Street Funding LLC; and
$______________ for Victory Receivables Corporation.

The Pro Rata Share of the Proposed Reduction for each Financial Institution is: $______________ for BNS, $_______________ for BTMU, $_______________ for Credit Agricole, $_______________ for WF and $______________ for PNC.
On the date of the Proposed Reduction, the Seller shall pay to each relevant Purchaser(s), an amount equal to (i) such Purchaser’s Pro Rata Share of the outstanding Capital described above, plus (ii) all Broken Funding Costs (if any), plus (iii) all other amounts payable to the Agent or any Purchaser under the Transaction Documents.
Very truly yours, 
 
 
CARDINAL HEALTH FUNDING, LLC 
 
By:             
Name: 
Title:

    
	
			
	 
	Ex. XI-2

	 

SCHEDULE A 
 
COMMITMENTS, CONDUIT PURCHASE LIMITS, WIRING INSTRUCTIONS, 
RELATED FINANCIAL INSTITUTIONS AND MANAGING AGENTS
Financial Institutions, Commitments and Wiring Instructions 
for Financial Institutions 

	
			
	Financial Institutions
	Commitment
	Wiring Instructions for Payments to Financial Institutions 
 
(Wiring instructions for payments to Conduits are on the following page)

	Wells Fargo Bank, N.A.
	$175,000,000
	Wells Fargo Bank, N.A.
ABA # #########
A/C #    #########
Ref:  #########

	The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch, with respect to Victory Receivables Corporation
	$350,000,000
	The Bank of Tokyo-Mitsubishi UFJ, Ltd.
ABA # #########
AC#  #########
Account Name:  #########
Reference:  #########

	PNC Bank, National Association
	$125,000,000
	PNC Bank, NA
Routing # #########
A/C # #########
A/C Name: #########
Ref: #########

	The Bank of Nova Scotia, with respect to Liberty Street Funding LLC
	$175,000,000
	The Bank of Nova Scotia - New York Agency
ABA#: #########
Account: #########
Acct#: #########

	Credit Agricole Corporate and Investment Bank New York, with respect to Atlantic Asset Securitization LLC
	$125,000,000
	Credit Agricole Corporate and Investment Bank New York
ABA # #########
Account # #########
Account Name: #########
Ref: #########
Attn: Sam Klein/Cesar Santana

    
	
			
	 
	Sch. A-1

	 

LC Banks and Related LC Limits

	
		
	LC Banks
	LC Limits

	PNC Bank, National Association
	$200,000,000

    
	
			
	 
	Sch. A-2

	 

Conduits, Wiring Instructions for Conduits and 
Related Financial Institutions of Conduits

	
			
	Conduits
	Wiring Instructions for Conduits
	Related Financial Institution

	Liberty Street Funding LLC
	The Bank of Nova Scotia - New York Agency
ABA#:  #########
Account:  #########
Acct#:  #########

	The Bank of Nova Scotia

	Victory Receivables Corporation
	The Bank of Tokyo-Mitsubishi UFJ, Ltd.
ABA #  #########
AC#   #########
Account Name:   #########
Reference:   #########

	The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch

	Atlantic Asset Securitization LLC
	Credit Agricole Corporate and Investment Bank New York 
ABA #  #########
Account #  #########
Account Name:  #########
Ref: #########
Attn: Sam Klein/Cesar Santana

	Credit Agricole Corporate and Investment Bank New York

    
	
			
	 
	Sch. A-3

	 

Managing Agents
	
		
	Purchasers
	Managing Agent

	Liberty Street Funding LLC, as a Conduit 
The Bank of Nova Scotia, as a Financial Institution
	The Bank of Nova Scotia

	Victory Receivables Corporation, as a Conduit 
The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch, as a Financial Institution
	The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch

	PNC Bank, National Association, as a Financial Institution and as an LC Bank
	PNC Bank, National Association

	Wells Fargo Bank, N.A., as a Financial Institution
	Wells Fargo Bank, N.A.

	Atlantic Asset Securitization LLC, as a Conduit 
Credit Agricole Corporate and Investment Bank New York Branch, as a Financial Institution
	Credit Agricole Corporate and Investment Bank New York Branch

    
	
			
	 
	Sch. A-4

	 

Purchaser Groups
	
	
	Liberty Street Funding LLC, as a Conduit 

The Bank of Nova Scotia, as a Financial Institution and as Managing Agent

	Victory Receivables Corporation, as a Conduit 
 
The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch, as a Financial Institution 
 
The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch, as Managing Agent

	PNC Bank, National Association, as a Financial Institution, as an LC Bank and as Managing Agent

	Wells Fargo Bank, N.A., as a Financial Institution and as Managing Agent

	Atlantic Asset Securitization LLC, as a Conduit
Credit Agricole Corporate and Investment Bank New York Branch, as a Financial Institution and as Managing Agent

    
	
			
	 
	Sch. A-5

	 

Agent and Wiring Instructions for the Agent

	
		
	Agent
	Wiring Instructions for Agent

	The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch
	The Bank of Tokyo-Mitsubishi UFJ, Ltd.
ABA #  #########
AC#   #########
Account Name:   #########
Reference:   #########

    
	
			
	 
	Sch. A-6

	 

SCHEDULE C 
 
NOTICE ADDRESSES

	
		
	Seller:
	Cardinal Health Funding, LLC 
7000 Cardinal Place

	 
	Dublin, Ohio 43017

	

	Attention:  Adrienne Kirby
e-mail:  #######

	 
	 

	 
	with a copy to:

	 
	Cardinal Health, Inc.

	 
	7000 Cardinal Place

	 
	Dublin, Ohio  43017

	 
	Attention:  Senior Counsel – Corporate & Securities, for purposes of Sections 3.3 and 4.2 only, Treasury (Fax No. ########)
e-mail: #########

	 
	 

	Servicer:
	Griffin Capital, LLC 
7000 Cardinal Place

	 
	Dublin, Ohio 43017

	 
	Attention:  Adrienne Kirby
e-mail:  #########

	 
	 

	 
	with a copy to:

	 
	Cardinal Health, Inc.

	 
	7000 Cardinal Place

	 
	Dublin, Ohio  43017

	 
	Attention:  Senior Counsel – Corporate & Securities
e-mail:  #########

	 
	 

	BNS:
	The Bank of Nova Scotia

	 
	711 Louisiana, Suite 1400

	 
	Houston, Texas 77002

	 
	Attn: John Frazell

	 
	Fax: #######
e-mail: #######

with a copy to:  Peter Gartland
Fax: #########
e-mail:  ##########

    
	
			
	 
	Sch. C-1

	 

	
		
	 
	 

	BNS Conduit:
	Liberty Street Funding LLC

	 
	c/o Global Securitization Services, LLC

	 
	114 West 47th Street Suite 2310

	 
	New York, New York 10036

	 
	Attn: Jill A. Russo

	 
	Fax: #########
e-mail:  ########

	 
	 

	 
	(with a copy to BNS)

	 
	 

	BTMUNY:
	The Bank of Tokyo-Mitsubishi UFJ, Ltd.

	 
	1251 Avenue of the Americas, 10th Floor

	 
	New York, NY 10020

	 
	Attn:   Nicolas Mounier

	 
	Fax:  #########
e-mail:  #########

	 
	 

	BTMU Conduit:
	Victory Receivables Corporation

	 
	c/o Global Securitization Services, LLC

	 
	68 South Service Road, Suite 120  
Melville, NY 11747  
Telephone:    #########

	 
	Facsimile:     #########

	 
	Attention:    David V. DeAngelis

	 
	e-mail:  #########

	 
	 

	 
	(with a copy to BTMUNY)

	 
	 

	PNC
	PNC Bank, National Association

	 
	Three PNC Plaza

	 
	225 Fifth Avenue

	 
	Pittsburgh, PA  15222-2707

	 
	Attention:  Robyn Reeher

	 
	Fax:  ########
e-mail:  ###########

	 
	 

	WF
	Wells Fargo Bank, N.A.

	 
	1100 Abernathy Rd NE

	 
	16th Floor, Suite 1600

	 
	Atlanta, GA 30328

	 
	Attention: Tim Brazeau and Bill Rutkowski

	 
	Fax: ##########
e-mail:  ##########

    
	
			
	 
	Sch. C-2

	 

	
		
	Credit Agricole:
	Credit Agricole Corporate and Investment Bank New York

	 
	1301 Avenue of the Americas

	 
	New York, NY 10019

	 
	Attention: Debt Capital Markets - Securitization

	 
	Fax: #########
e-mail:  #########
########

	 
	 

	Credit Agricole Conduit:
	Atlantic Asset Securitization

	 
	c/o Credit Agricole Corporate and Investment Bank New York

	 
	1301 Avenue of the Americas

	 
	New York, NY 10019

	 
	Attention: Debt Capital Markets - Securitization

	 
	Fax: #########
e-mail: #########        
############

	 
	 

	 
	(with a copy to Credit Agricole)

    
	
			
	 
	Sch. C-3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00237-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00237-of-00352.parquet"}]]