Document:

Form of Guarantee Agreement by Southern California Edison Company

 Exhibit 4.3 

 
  
 GUARANTEE AGREEMENT 
 Dated as of May    , 2012

 By 

SOUTHERN CALIFORNIA EDISON COMPANY, as Guarantor 
  

 

 GUARANTEE AGREEMENT 

This GUARANTEE AGREEMENT (the “Guarantee”), dated as of May [    ], 2012, is executed and delivered
by SOUTHERN CALIFORNIA EDISON COMPANY, a California corporation (the “Guarantor”), for the benefit of the Holders (as defined herein) from time to time of the Securities (as defined herein) of SCE TRUST I, a Delaware statutory trust
(the “Trust”). 
 RECITALS 
 WHEREAS, pursuant to the Declaration of Trust (as defined herein), the Trust may issue up to $[        ] aggregate liquidation amount of trust preference
securities, having a liquidation amount of $25.00 per security and designated the “[    ]% Trust Preference Securities” of the Trust (the “Trust Preference Securities”), and $10,000 aggregate
liquidation amount of common securities, having a liquidation amount of $25.00 per security and designated the “Common Securities” of the Trust (the “Common Securities” and, together with the Trust Preference Securities,
the “Securities”); and 
 WHEREAS, as incentive for the Holders to purchase the Securities, the Guarantor
desires irrevocably and unconditionally to agree, to the extent set forth in this Guarantee, to pay to the Holders of the Securities the Guarantee Payments (as defined herein) and to make certain other agreements on the terms and conditions set
forth herein; 
 NOW, THEREFORE, in consideration of the purchase by each Holder of Securities, which purchase the Guarantor
hereby agrees shall benefit the Guarantor, the Guarantor executes and delivers this Guarantee for the benefit of the Holders. 

ARTICLE 1 

INTERPRETATION AND DEFINITIONS 
 SECTION 1.1 INTERPRETATION AND DEFINITIONS. 
 In this Guarantee,
unless the context otherwise requires: 
 (a) capitalized terms used in this Guarantee but not defined in the preamble above
have the respective meanings assigned to them in this Section 1.1; 
 (b) a term defined anywhere in this Guarantee has the same
meaning throughout; 
 (c) all references to “the Guarantee” or “this Guarantee” are to this Guarantee as
modified, supplemented or amended from time to time; 
 (d) all references in this Guarantee to Articles, Sections and Recitals
are to Articles, Sections and Recitals of this Guarantee, unless otherwise specified; 

  
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 (e) a reference to the singular includes the plural and vice versa and a reference to any
masculine form of a term shall include the feminine form of a term, as applicable; and 
 (f) the following terms have the
following meanings: 
 “Affiliate” has the same meaning as given to that term in Rule 405 of the Securities Act
of 1933, as amended, or any successor rule thereunder. 
 “Common Securities” has the meaning specified in the
Recitals hereto. 
 “Declaration of Trust” means the Amended and Restated Declaration of Trust, dated as of the
date hereof, as amended, modified or supplemented from time to time, among the trustees of the Trust named therein, the Guarantor, as sponsor, and the Holders, from time to time, of undivided beneficial ownership interests in the assets of the
Trust. 
 “Distributions” has the meaning specified in the Declaration of Trust. 

“Guarantee Payments” means the following payments or distributions, without duplication, with respect to the Securities,
to the extent not paid by or on behalf of the Trust: (i) any accrued and unpaid Distributions that are required to be paid on such Securities (other than upon a voluntary or involuntary dissolution, winding-up or termination of the Trust) to the
extent the Trust has sufficient funds available therefor at the time, (ii) the redemption price, plus all accrued and unpaid Distributions to the date of redemption, with respect to any Securities called for redemption by the Trust, to the extent
the Trust shall have sufficient funds available therefor at the time or (iii) upon a voluntary or involuntary dissolution, winding-up or termination of the Trust (other than in connection with a redemption or the distribution of Series F Preference
Shares or depositary shares to the Holders in exchange for Securities as provided in the Declaration of Trust), the lesser of (a) the aggregate of the liquidation amount and all accrued and unpaid Distributions on the Securities to the date of
payment, to the extent the Trust has sufficient funds available therefor and (b) the amount of assets of the Trust remaining available for distribution to Holders in liquidation of the Trust (in either case, the “Liquidation
Distribution”). 
 “Holder” means any holder of Securities, as registered on the books and records of
the Trust; provided, however, that, in determining whether the Holders of the requisite percentage of Trust Preference Securities have given any request, notice, consent or waiver hereunder, “Holder” shall not include the Guarantor or any
Affiliate of the Guarantor or any other obligor on the Trust Preference Securities. 
 “Majority in Liquidation
Amount” means Holder(s) of outstanding Securities, voting together as a single class, who are the record owners of an aggregate liquidation amount representing more than 50% of the aggregate liquidation amount (including the stated amount
that would be paid on redemption or liquidation, plus accrued and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities. In determining whether the Holders of the requisite amount of
Securities have voted, Securities that are owned by the Guarantor or any Affiliate of the Guarantor or any other obligor on the Securities shall be disregarded for the purpose of any such determination. 

  
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 “Person” means a legal person, including any individual, corporation,
estate, partnership, joint venture, association, joint stock company, limited liability company, trust (whether statutory or common law trust), unincorporated association, or government or any agency or political subdivision thereof, or any other
entity of whatever nature. 
 “Redemption Price” has the meaning specified in the Declaration of Trust.

 “Securities” has the meaning specified in the Recitals hereto. 

“Series F Preference Shares” has the meaning specified in the Declaration of Trust. 

ARTICLE 2 

GUARANTEE 

SECTION 2.1 GUARANTEE. 
 The Guarantor irrevocably and unconditionally agrees to pay in full to the Holders the Guarantee Payments (without duplication of amounts theretofore paid by the Trust or the Guarantor), as and when due,
regardless of any defense, right of setoff or counterclaim that the Trust may have or assert. The Guarantor’s obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or
by causing the Trust to pay such amounts to the Holders. 
 SECTION 2.2 WAIVERS BY GUARANTOR. 

The Guarantor hereby waives notice of acceptance of this Guarantee and of any liability to which it applies or may apply, presentment,
demand for payment, any right to require a proceeding first against the Trust or any other Person before proceeding against the Guarantor, protest, notice of nonpayment, notice of dishonor, notice of redemption and all other notices and demands, and
any right to require that any action on this Guarantee be brought first against the Trust or any other Person before proceeding directly against the Guarantor. To the fullest extent permitted by law, the Guarantor waives any and all rights and
defenses, including without limitation any rights of subrogation, reimbursement, indemnification and contribution, described in subdivision (a) of Section 2856 of the California Civil Code, including any rights and defenses that are or may become
available to the Guarantor by reason of Sections 2787 to 2855 thereof, inclusive. 
 SECTION 2.3 OBLIGATIONS NOT
AFFECTED. 
 The obligations, covenants, agreements and duties of the Guarantor under this Guarantee shall be absolute
and unconditional and shall remain in full force and effect until the entire liquidation amount of all outstanding Securities shall have been paid and such obligation shall in no way be affected or impaired by reason of the happening from time to
time of any event, including, without limitation, the following, whether or not with notice to, or the consent of, the Guarantor: 

  
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 (a) The release or waiver, by operation of law or otherwise, of the performance or
observance by the Trust of any express or implied agreement, covenant, term or condition relating to the Securities to be performed or observed by the Trust; 
 (b) The extension of time for the payment by the Trust of all or any portion of the Distributions, Redemption Price, Liquidation Distribution or any other sums payable under the terms of the Securities or
the extension of time for the performance of any other obligation under, arising out of, or in connection with the Securities; 

(c) Any failure, omission, delay or lack of diligence on the part of the Institutional Trustee (as such term is defined in the
Declaration of Trust) or the Holders to enforce, assert or exercise any right, privilege, power or remedy conferred on the Institutional Trustee or the Holders pursuant to the terms of the Securities, or any action on the part of the Trust granting
indulgence or extension of any kind; 
 (d) The voluntary or involuntary liquidation, dissolution, sale of any collateral,
receivership, insolvency, bankruptcy, assignment for the benefit of creditors, reorganization, arrangement, composition or readjustment of debt of, or other similar proceedings affecting, the Trust or any of the assets of the Trust; 

(e) Any invalidity of, or defect or deficiency in, the Securities; 

(f) The settlement or compromise of any obligation guaranteed hereby or hereby incurred; or 

(g) Any other circumstance whatsoever that might otherwise constitute a legal or equitable discharge or defense of a guarantor, it being
the intent of this Section 2.3 that the obligations of the Guarantor hereunder shall be absolute and unconditional under any and all circumstances. 
 There shall be no obligation of the Holders to give notice to, or obtain consent of, the Guarantor or any other Person with respect to the happening of any of the foregoing. 

No setoff, counterclaim, reduction or diminution of any obligation, or any defense of any kind or nature that the Guarantor has or may
have against any Holder shall be available hereunder to the Guarantor against such Holder to reduce the payments to it under this Guarantee. 
 SECTION 2.4 RIGHTS OF HOLDERS. 
 If the Guarantor fails to make a
Guarantee Payment, a Holder may directly institute a proceeding against the Guarantor for enforcement of the Guarantee for such payment to such Holder, and the amount of the payment will be based on the Holder’s pro rata share of the amount due
and owing on all of the Securities. 
 SECTION 2.5 GUARANTEE OF PAYMENT. 

This Guarantee creates a guarantee of payment and not of collection. 

  
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 SECTION 2.6 SUBROGATION. 

The Guarantor shall be subrogated to all (if any) rights of the Holder against the Trust in respect of any amounts paid to such Holders by
the Guarantor under this Guarantee; provided, however, that the Guarantor shall not (except to the extent required by mandatory provisions of law) be entitled to enforce or exercise any right that it may acquire by way of subrogation or any
indemnity, reimbursement or other agreement, in all cases as a result of payment under this Guarantee, if at the time of any such payment, any amounts are due and unpaid under this Guarantee. If any amount shall be paid to the Guarantor in violation
of the preceding sentence, the Guarantor agrees to hold such amount in trust for the Holders and to pay over such amount to the Holders. 
 SECTION 2.7 INDEPENDENT OBLIGATIONS. 
 The Guarantor acknowledges
that its obligations hereunder are independent of the obligations of the Trust with respect to the Securities, and that the Guarantor shall be liable as principal and as debtor hereunder to make Guarantee Payments pursuant to the terms of this
Guarantee notwithstanding the occurrence of any event referred to in Section 2.3(a) through Section 2.3(g), inclusive, hereof. 

ARTICLE 3 

LIMITATION OF TRANSACTIONS; RANKING 
 SECTION 3.1 LIMITATION OF TRANSACTIONS. 
 So long as any Securities
remain outstanding, if the Guarantor shall have failed to make any Guarantee Payment when due, until such Guarantee Payment is made, the Guarantor shall not declare or pay any dividends or distributions on, or redeem, purchase, acquire or make a
liquidation payment with respect to, any of the Guarantor’s capital stock that ranks, as to payment of dividends and distribution of assets upon liquidation, dissolution or winding up of the Guarantor, equal or junior to the Series F Preference
Shares (other than (a) dividends or distributions in the Guarantor’s capital stock, (b) payments under this Guarantee, (c) any declaration of a dividend in connection with the implementation of a shareholders’ rights plan, or the issuance
of stock under any such plan or the redemption or repurchase of any such rights pursuant thereto, and (d) repurchases, redemptions or other acquisitions of shares of capital stock of the Guarantor in connection with any employment contract, benefit
plan or other similar arrangement with or for the benefit of its directors, officers, employees or consultants). 
 SECTION
3.2 RANKING. 
 The obligations of the Guarantor hereunder constitute unsecured obligations of the Guarantor and rank
subordinate and junior in right of payment to all indebtedness and other liabilities of the Guarantor and all capital stock of the Guarantor that by its terms ranks senior to the Series F Preference Shares as to payment of dividends and distribution
of assets upon the liquidation, dissolution or winding up of the Guarantor; equal in right of payment to the Series F Preference Shares and other capital stock of the Guarantor that by its terms ranks equal in right of payment to the Series F
Preference Shares as to payment of dividends and distribution of assets upon the liquidation, dissolution or winding 

  
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 up of the Guarantor and to any similar guarantee that the Guarantor issues on behalf of the holders of
securities issued by any statutory trust the assets of which consist of capital stock of the Guarantor that ranks equal in right of payment to the Series F Preference Shares as to payment of dividends and distribution of assets upon the liquidation,
dissolution or winding up of the Guarantor; and senior in right of payment to the common stock of the Guarantor and all other securities of the Guarantor that by their terms rank junior in right of payment to the Series F Preference Shares as to
payment of dividends and distribution of assets upon the liquidation, dissolution or winding up of the Guarantor. 
 ARTICLE 4

 TERMINATION 
 SECTION 4.1 TERMINATION. 
 This Guarantee shall terminate upon (i)
full payment of the Redemption Price of all Securities, (ii) distribution of the Series F Preference Shares or depositary shares to the Holders of all the Securities in accordance with the Declaration of Trust or (iii) full payment of the amounts
payable in accordance with the Declaration of Trust upon liquidation of the Trust. Notwithstanding the foregoing, this Guarantee will continue to be effective or will be reinstated, as the case may be, if at any time any Holder of Securities must
restore payment of any sums paid under the Securities or under this Guarantee. 
 ARTICLE 5 

RIGHT OF DIRECT ACTION WITH RESPECT TO SERIES F 
 PREFERENCE SHARES 
 SECTION 5.1 RIGHT OF DIRECT ACTION.

 The Guarantor agrees that, to the fullest extent permitted by applicable law, each Holder has the right to institute a
proceeding directly against the Guarantor for enforcement of the rights of a holder of Series F Preference Shares to the extent of an interest in Series F Preference Shares corresponding to the aggregate liquidation amount of such Holder’s
Securities (such right, a “right of direct action”). 
 ARTICLE 6 

MISCELLANEOUS 
 SECTION 6.1 SUCCESSORS AND ASSIGNS. 
 All guarantees and agreements
contained in this Guarantee shall bind the successors, assigns, receivers, trustees and representatives of the Guarantor and shall inure to the benefit of the Holders of the Securities then outstanding. Except in connection with a consolidation,
merger or sale involving the Guarantor pursuant to which the successor or assignee agrees in writing to perform the Guarantor’s obligations hereunder, the Guarantor shall not assign its obligations hereunder. 

  
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 SECTION 6.2 AMENDMENTS. 

Except with respect to any changes that do not materially and adversely affect the rights of the Holders (in which case no consent of the
Holders will be required), this Guarantee may not be amended without the prior approval of the Holders of not less than a Majority in Liquidation Amount of the Securities. The provisions of Section 12.2 of the Declaration of Trust with respect to
meetings of, and action by written consent of, the Holders of the Securities apply to the giving of such approval. 
 SECTION
6.3 BENEFIT. 
 This Guarantee is solely for the benefit of the Holders of the Securities and is not separately
transferable from the Securities. 
 SECTION 6.4 GOVERNING LAW 

THIS GUARANTEE SHALL BE GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAW OF THE STATE OF CALIFORNIA.

 [The remainder of this page left blank intentionally; the signature page follows] 

  
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 IN WITNESS WHEREOF, this Guarantee is executed as of the day and year first above written.

 SOUTHERN CALIFORNIA EDISON COMPANY, 
 as Guarantor 
  

			
		
	By:	 	 
	Name:	 	
	Title:	 	

 [Signature Page to Guarantee Agreement]Eighth Amendment to Services Agreement

 Exhibit 10.1 
 Confidential Materials omitted and filed separately with the 
 Securities
and Exchange Commission. Asterisks denote omissions. 
  

							
	 #8 AMENDMENT TO THE SERVICES
 AGREEMENT BETWEEN BOTTOMLINE
TECHNOLOGIES, INC. AND BANK OF
 AMERICA,
N.A.
	  	

				
	Supplier Name:	  	Bottomline Technologies (de), Inc.	  	Agreement Number:	  	CW136262
				
	Supplier Address:	  	 325 Corporate Drive

Portsmouth, NH 03801
 United
States
	  	Addendum Number:	  	CW340957
				
	Supplier Telephone:	  	1-603-436-0700	  	Addendum Effective Date:	  	January 5, 2012

 This Amendment made and entered into this 5th day of January, 2012 by and between BOTTOMLINE TECHNOLOGIES, INC.
(hereinafter referred to as “Tech”) and BANK OF AMERICA, N.A. (hereinafter referred to as “Bank”). 

WITNESSETH: 
 WHEREAS,
Tech, as a subcontractor of the Bank, currently provides PayMode Processing Services to Bank Customers pursuant to the Services Agreement (CW 136262) (the “Agreement”); 

WHEREAS, Bank requires a Change Request to set up [**] as described in Attachment A; 

NOW, THEREFORE, in consideration of the premises hereof and the mutual benefits to be derived hereby, the Agreement is hereby amended by adding the
following provisions as follows: 

	A.	Amendment to Schedule A, Section 2 (Description of Services): 

 Change Request and Problem Report Form 
  

													
	Project Name:	 	[**] Set-up	  	Request Number:	  	 
	 Statement of

Work #
  
	 	 	 	 	  	 	 	 	  	 	  	 
	Submitted by:	 	Bill Wardwell	 		  		 		  	Date:	  	 
	 	 	 	 	 	  	 	 	 	  	Date Logged:	  	 
	Description of Change (Attach pages as needed):	  		  	 
	 
	 [**] implementation fee, in Services Agreement category “disburser sending healthcare [**]”
  

-        Support healthcare implementation of [**], including receipt of
a single file format, processing, formatting of data to [**], and creation of a single [**] form at [**], all utilizing the standard Paymode-X for Healthcare data elements at the payment, claim and [optionally] service levels.

 

-        Successful implementation of any healthcare electronic payments
client requires that the client send sufficient data for the generation of HIPAA compliant output
  
  

	Time to Resolve:	 	12/31/2011        	 	Date of Resolution:	  	 
	
Contract Amendment Required (Yes or No Supply Chain Mgmt. decision):  Yes
 Date: 11/28/2011
	  	 
	
Price to Implement:
  

-24 hours development @ rate card $[**] hour = $[**]
  

-24 hours quality assurance @ rate card $[**] = $[**]
  

-Development of one [**] form by [**] = $[**]
  

*Significant rework requested by the client after initial form development may incur additional costs. Such rework would include
changes from portrait to landscape, or changes to a printed format element that necessitates re-placing of multiple additional elements.
  

Total Cost = $[**]
	  	 
	 	 
	Resolution Decision	  	 
	Accepted  ( X )	 	            Rejected  (      )	 	 	  	 	 	Accepted  (X    )	  	                Rejected  (    
  )	  	 
	 	 	 
	 LOB Project
Manager    Bill Wardwell
 Date 11/28/2011
	 	Supplier Project Manager    Date	  	 
	Supply Chain Management Approver:	 	Date Executed:	  	 
	Bank of America Representative:	 	 	  	 	  	 
	 		 
	Date:                   
  	 	    Signed:
                                         
                                         
                  	  	 
	 	 	 	 	 	  	 	 	 	  	 	  	 

  
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 E. Inconsistencies: In the event of any inconsistencies in the terms of the Services Agreement and
this Amendment, the terms of this Amendment shall control with respect to the provisions set out herein. 
 F. All Other Provisions:
Except as to the terms amended by this Amendment, all other terms and conditions of the Services Agreement are declared by the parties to be in full force and effect, and except as otherwise provided in this Amendment, all defined terms used in this
Amendment shall have the meanings set forth for such terms in the Services Agreement. 
 IN WITNESS WHEREOF, the parties have caused this
Amendment to be executed by their duly authorized representatives this 5th day of December, 2011. 
  

									
	(“Bank”)	 	 	 	 	 	(“Tech”)	 	 
	Bank of America, N.A.	 		 		 	Bottomline Technologies (de), Inc.
					
	 /s/ Dani L. Folsom
	 	 1/5/12
	 		 	 /s/ Eric Morgan
	 	 1/5/12

	Signature	 	Date	 		 	Signature	 	Date
			
	 Dani Folsom
	 		 	 Eric Morgan

	(Printed Name)	 		 		 	(Printed Name)	 	
			
	 VP, Sourcing Manager
	 		 	 VP, Global Controller

	(Title)	 		 		 	(Title)	 	

  
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