Document:

mdrx-ex106_961.htm

Exhibit 10.6

EXECUTION COPY

AMENDMENT NO. 2 TO FIRST LIEN CREDIT AGREEMENT

This AMENDMENT NO. 2 TO FIRST LIEN CREDIT AGREEMENT, dated as of November 10, 2016 (this “Amendment”), is by and among ANDREWS HENDERSON LLC, a Delaware limited liability company (“Henderson”), NETSMART, INC., a Delaware corporation (the “Company”), NETSMART TECHNOLOGIES, INC., a Delaware corporation (“Netsmart Technologies”; Netsmart Technologies, collectively with Henderson and the Company, the “Borrowers”), as a Borrower and Borrower Representative, each other Loan Party party hereto under, and as defined in, the Credit Agreement referred to below, the Fronting Banks (as defined below) party hereto, the Participating Lenders (as defined below) party hereto, and UBS AG, STAMFORD BRANCH, as Administrative Agent.

WHEREAS, reference is hereby made to the First Lien Credit Agreement, dated as of April 19, 2016, among the Borrowers, the Subsidiaries of the Borrowers from time to time party thereto, NATHAN INTERMEDIATE LLC, a Delaware limited liability company (“Holdings”), UBS AG, Stamford Branch as the Administrative Agent, the Lenders from time to time party thereto, and the other agents, issuers and arrangers party thereto (as amended by that certain Amendment No. 1 to First Lien Credit Agreement and Incremental Assumption Agreement, dated October 27, 2016, by and among the Borrowers, the Borrower Representative, each other Loan Party party thereto, the Lenders party thereto and the Administrative Agent and as the same may be further amended, restated, amended and restated, supplemented, extended, refinanced or otherwise modified prior to giving effect to this Amendment, the “Existing Credit Agreement” and, as the same may be further amended, restated, amended and restated, supplemented, extended, refinanced or otherwise modified after giving effect to this Amendment, the “Credit Agreement”);

WHEREAS, the Borrowers have requested that the Lenders reduce the interest rates applicable to all existing Term Loans outstanding under the Existing Credit Agreement immediately prior to effectiveness of this Amendment (the “Existing Term Loans”) on the terms and conditions set forth herein, which reduction in interest rates with respect to the Existing Term Loans shall be effected by the exchange of Term Loans for Term C-1 Loans (as defined below) otherwise having the same terms (except as otherwise provided in this Amendment) as the Existing Term Loans;

WHEREAS, this Amendment constitutes a Refinancing Amendment, and the Borrowers are hereby notifying the Administrative Agent that they are requesting the establishment of Replacement Term Loans, pursuant to Section 9.02(c)(i) of the Credit Agreement;

WHEREAS, the Borrowers request Replacement Term Loans in an aggregate principal amount of $434,012,500.00 (the “Term C-1 Loans”; the commitments relating thereto, the “Term C-1 Commitments”; and the Lenders with Term C-1 Commitments and any permitted assignees thereof, the “Term C-1 Loan Lenders”), which will be available on the Effective Date (as defined below) to refinance the Existing Term Loans, and which Term C-1 Loans shall constitute Replacement Term Loans and Term Loans (as applicable) for all purposes of the Credit Agreement and the other Loan Documents; it being understood that the aggregate principal amount of the Existing Term Loans immediately prior to effectiveness of this Amendment is $434,012,500.00; 

WHEREAS, each Lender holding Existing Term Loans under the Existing Credit Agreement immediately prior to effectiveness of this Amendment (each, an “Existing Lender”) executing and delivering a notice of participation in the Term C-1 Loans in the form attached as Exhibit A hereto (a “Participation Notice”) and electing the cashless settlement option therein (each such Lender in such capacity, a “Converting Lender” and, together with each other Person providing a commitment in respect of the Term C-1 Loans, the “Participating Lenders”) shall be deemed to have exchanged on the Effective Date the aggregate outstanding amount of its Existing Term Loans under the Existing Credit Agreement for an equal aggregate principal amount of Term C-1 Loans under the Credit Agreement;

 

 

 

[Signature  Page to Amendment  No. 2 to First Lien Credit Agreement]

 

WHEREAS, the Borrowers have appointed Golub Capital Markets LLC to act, and Golub Capital Markets LLC agrees to act, as sole lead arranger and sole bookrunner (in such capacity, the “Second Amendment Lead Arranger”) in respect of the Term C-1 Loans;

WHEREAS, the Second Amendment Lead Arranger has agreed to act (or to designate one of its affiliates to act) as a fronting bank for the syndication of the Term C-1 Loans;

WHEREAS, pursuant to Section 2.20 of the Existing Credit Agreement, the Second Amendment Lead Arranger (or one of its affiliates) and one or more Persons (in addition to the Second Amendment Lead Arranger) who agrees to act as an additional fronting bank for the syndication of the Term C-1 Loans (such Persons in such capacity, together with the Second Amendment Lead Arranger or its designated affiliate, the “Fronting Banks”) will purchase, and the applicable Existing Lenders will sell to the Fronting Banks, immediately prior to effectiveness of this Amendment, Term Loans of Existing Lenders that do not execute and deliver a Participation Notice electing the cashless settlement option therein (the “Non-Participating Lenders”) (the Loans described in the foregoing paragraph being the “Reallocated Loans”);

WHEREAS, to the extent there exist any Reallocated Loans, the Fronting Banks shall be deemed to exchange on the Effective Date such Reallocated Loans on a cashless settlement basis for an equal aggregate principal amount of Term C-1 Loans under the Credit Agreement, and such Reallocated Loans shall promptly thereafter be purchased by, Participating Lenders (other than Converting Lenders)(the “New Lenders”) and Converting Lenders purchasing additional Term C-1 Loans in accordance with such Participating Lenders’ respective Term C-1 Commitments and as allocated by the Second Amendment Lead Arranger; and

WHEREAS, contemporaneously with the effectiveness of the Term C-1 Commitments, the Borrower wishes to make certain amendments to the Existing Credit Agreement to provide for the incurrence of the Term C-1 Loans and the other modifications to the Existing Credit Agreement set forth herein.

NOW, THEREFORE, in consideration of the premises and agreements, provisions and covenants herein contained, the parties hereto agree as follows:

Section 1. Defined Terms; References. Unless otherwise specifically defined herein, each capitalized term used herein has the meaning assigned to such term in the Credit Agreement. The rules of construction and other interpretive provisions specified in Sections 1.03 and 1.04 of the Credit Agreement shall apply to this Amendment, including terms defined in the preamble and recitals hereto.

Section 2. New Term C-1 Loans. The Credit Agreement is, as of the Effective Date and subject to the satisfaction of the applicable conditions precedent set forth in Section 5 of this Amendment, hereby amended as follows:

(a) The following new definitions are hereby added to Section 1.01 of the Credit Agreement in the appropriate alphabetical order:

““Amendment No. 2” means that certain Amendment No. 2 to First Lien Credit Agreement, dated as of November 10, 2016, by and among the Borrowers, the other Loan Parties party thereto, the Participating Lenders (as defined therein), the Fronting Banks (as defined therein) and the Administrative Agent.”

““Amendment No. 2 Effective Date” means the date on which Amendment No. 2 to this Agreement becomes effective in accordance with its terms.”

““Term C-1 Commitment” has the meaning assigned to such term in Amendment No. 2.”

““Term C-1 Loan Lender” means, at any time, any Lender that has a Term C-1 Commitment or Term C-1 Loan at such time.”

““Term C-1 Loan” has the meaning assigned to such term in Amendment No. 2.”

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

(b) Upon the funding of the Term C-1 Loans on the Effective Date, the Term C-1 Loans shall automatically and without further action by any Person constitute additional Term Loans for all purposes of the Credit Agreement and the other Loan Documents. Except as set forth below, the terms and provisions of the Term C-1 Loans shall be identical to those of the Existing Term Loans under the Credit Agreement and references in the Credit Agreement to the Term Loans shall include the Term C-1 Loans.

(c) The definition of the term “Adjusted LIBO Rate” shall be amended by (x) deleting the “and” before the words “the Term B-1 Loans” and replacing it with a “,” and (y) adding the words “and the Term C-1 Loans” after the words “Term B-1 Loans” contained therein.

(d) The definition of the term “Alternate Base Rate” shall be amended by (x) deleting the “and” before the words “the Term B-1 Loans” and replacing it with a “,” and (y) adding the words “and the Term C-1 Loans” after the words “Term B-1 Loans” in clause (ii) of the proviso contained therein.

(e) The definition of the term “Applicable Rate” shall be amended by replacing clause (a) thereof in its entirety with the following:

“(a) (x) with respect to Initial Revolving Loans (i) with respect to any LIBO Rate Loan, 4.75% and (ii) with respect to any ABR Loan, 3.75% and (y) with respect to the Term C-1 Loans, (i) with respect to any LIBO Rate Loan, 4.50% and (ii) with respect to any ABR Loan, 3.50%”,

(f) The definition of the term “Class” shall be amended by adding the phrase “Term C-1 Loans,” immediately after the phrase “Term B-1 Loans,” in clause (a) thereof.

(g) The definition of the term “Maturity Date” shall be amended by (x) deleting the “and” before the words “the Term B-1 Loans” and replacing it with a “,” and (y) adding the words “and the Term C-1 Loans” immediately after the words “Term B-1 Loans” in clause (a) thereof.

(h) The definition of “Repricing Transaction” shall be amended by deleting each reference to “Initial Term Loans” therein and replacing it with a reference to “Term C-1 Loans”;

(i) The definition of the term “Term Loans” shall be amended by adding the words “the Term C-1 Loans,” immediately after the words “the Term B-1 Loans,” contained therein.

(j) Section 2.01 of the Credit Agreement is hereby amended and restated in its entirety as set forth below:

“Subject to the terms and conditions set forth herein or in Amendment No. 2, as the case may be, each Term Lender agrees, severally and not jointly, to (x) make Initial Term Loans to the Borrowers on the Closing Date, (y) make Term B-1 Loans to the Borrowers on the Amendment No. 1 Effective Date or (z) make and/or exchange Term C-1 Loans to the Borrowers on the Amendment No. 2 Effective Date, in each case in an aggregate principal amount requested by the Borrowers not to exceed such Lender’s respective Term Loan Commitments with respect to Initial Term Loans, Term B-1 Loans, or Term C-1 Loans, as the case may be. Amounts paid or prepaid in respect of the Initial Term Loans, Term B-1 Loans and the Term C-1 Loans may not be reborrowed.”

(k) Section 2.03(a)(a) of the Credit Agreement is hereby amended by inserting the phrase “or on the Amendment No. 2 Effective Date” after the phase “or on the Amendment No. 1 Effective Date” contained therein.

(l) Section 2.11(a) of the Credit Agreement is hereby amended by inserting the following sentence immediately following the second sentence contained therein:

“Each Borrower jointly and severally hereby unconditionally promise to repay the outstanding Term C-1 Loans to the Administrative Agent for the account of each Term C-1 Loan Lender (i) on each Loan Installment Date, commencing on the last Business Day of December 2016, in each case in an amount equal to $1,087,750.63 (as such payments may be reduced from time to time as a result of the application of 

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prepayments in accordance with Section 2.12 and Section 9.05(g) or increased as a result of any increase in the amount of such Term C-1 Loans pursuant to Section 2.23(a)), and (ii) on the Term Loan Maturity Date, the remainder of the principal amount of the Term C-1 Loans outstanding on such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.”

(m) The final of sentence of Section 2.12(a)(ii) of the Credit Agreement is hereby amended and restated in its entirety as follows:

“Each prepayment of Term Loans made pursuant to this Section 2.12(a) shall be applied against the remaining scheduled installments of principal due in respect of the Term Loans in the manner specified by the Borrowers or, if not so specified on or prior to the date of such optional prepayment, in direct order of maturity.”

(n) Section 2.12(b)(ii) of the Credit Agreement is hereby amended by deleting the parenthetical “(ratably between the Initial Term Loans and the Term B-1 Loans)” immediately following the words “Term Loans” the first time such words are used in such section.

(o) Section 2.12(b)(iii) of the Credit Agreement is hereby amended by deleting the parenthetical “(ratably between the Initial Term Loans and the Term B-1 Loans)” immediately following the words “Term Loans” in each case such words are used in such section.

(p) Section 2.12(b)(iv) of the Credit Agreement is hereby amended by deleting the parenthetical “(ratably between the Initial Term Loans and the Term B-1 Loans)” immediately following the words “Term Loans” the final time such words are used in such section.

(q) The last sentence of Section 2.12(b)(vii) of the Credit Agreement is hereby amended by deleting the phrase “Closing Date” and replacing it with “Amendment No. 2 Effective Date” and by deleting the reference to “Initial Term Loans” and replacing it with “Term C-1 Loans”.

(r) The first sentence of Section 2.13(e) of the Credit Agreement is hereby amended by deleting the phrase “Closing Date” and replacing it with “Amendment No. 2 Effective Date” and by deleting each reference to “Initial Term Loans” and replacing it with “Term C-1 Loans”.

(s) The last sentence of Section 2.20(b) of the Credit Agreement is hereby amended by deleting the phrase “Section 2.13(c)” in each place that is appears and replacing it with “Section 2.13(e)”;

(t) The first sentence of Section 5.11 of the Credit Agreement is hereby amended and restated in its entirety as follows:

“The Borrowers shall use proceeds of the Initial Term Loans solely to finance a portion of the Transactions (including working capital, payment of Transaction Costs and/or purchase price adjustments under the Acquisition Agreement), the Borrowers shall use proceeds of the Term B-1 Loans on the Amendment No. 1 Effective Date solely to finance a portion of the First Amendment Transaction (as defined in Amendment No. 1) (including working capital and/or purchase price adjustments in connection therewith and the payment of transaction costs associated therewith), and the Borrowers shall use proceeds of the Term C-1 Loans on the Amendment No. 2 Effective Date solely to prepay in full the aggregate principal amount of the Initial Term Loans and the Term B-1 Loans outstanding on the Amendment No. 2 Effective Date and to pay any interest, fees, and/or expenses related thereto.”

Section 3. Exchange Mechanics.

(a) This Amendment represents a request by the Borrowers to borrow Term C-1 Loans from the Term C-1 Lenders as set forth on the applicable Notice of Borrowing to be delivered by the Borrowers under the Credit Agreement (and, notwithstanding anything to the contrary herein, each Participating Lender hereby consents to any such non-conforming Interest Period elected therein).

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(b) Each New Lender (i) confirms that it has received a copy of the Credit Agreement and the other Loan Documents and the exhibits and schedules thereto, together with copies of the financial statements referred to therein and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment; (ii) agrees that it will, independently and without reliance upon the Administrative Agent or any other Lender 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 Credit Agreement; (iii) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under the Credit Agreement and the other Loan Documents as are delegated to the Administrative Agent by the terms thereof, together with such powers as are reasonably incidental thereto; and (iv) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the Credit Agreement are required to be performed by it as a Lender, as the case may be. Each New Lender acknowledges and agrees that it shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Loan Documents, and shall be subject to and bound by the terms thereof, and shall have all rights of a Lender thereunder.

(c) Except as set forth in this Amendment, the Term C-1 Loans shall otherwise be subject to the provisions of the Credit Agreement and the other Loan Documents.

(d) It is acknowledged and agreed that each Converting Lender has agreed to accept as satisfaction in full of its right to receive payment on the outstanding amount of Existing Term Loans of such Converting Lender the conversion of its Existing Term Loans into Term C-1 Loans in accordance herewith, in lieu of the prepayment amount that would otherwise be payable by the Borrowers pursuant to the Credit Agreement in respect of the outstanding amount of Existing Term Loans of such Converting Lender. Notwithstanding anything to the contrary herein, each Converting Lender hereby waives any break funding payments in respect of such Lender’s Existing Term Loans.

Section 4. Effect of Amendment; Reaffirmation and Ratification of Obligations; Etc. Except as expressly set forth herein or in the Credit Agreement (as amended by this Amendment), this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lenders or the Administrative Agent under the Credit Agreement or under any other Loan Document or constitute a course of conduct or dealing among the parties, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other provision of the Credit Agreement or of any Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect. The Borrowers and each other Loan Party acknowledges and agrees that (A) the Credit Agreement (as amended by this Amendment) and each other Loan Document to which it is a party and the Loan Guaranty contained therein is hereby confirmed and ratified and shall remain in full force and effect according to its respective terms and (B) the Credit Agreement and the other Loan Documents do, and all of the Collateral does, and in each case shall continue to, secure the payment of all Obligations (including with respect to the Term C-1 Loans) on the terms and conditions set forth in the Credit Agreement and the other Loan Documents, and hereby ratifies the security interests and guarantees granted by it pursuant to the Credit Agreement and the other Loan Documents. On and as of the Effective Date (as defined below), each reference in the Credit Agreement to “this Agreement”, “hereof”, “hereunder”, “herein” and “hereby” and each other similar reference, and each reference in any Loan Document to “the Credit Agreement”, “thereof”, “thereunder”, “therein” or “thereby” or any other similar reference to the Credit Agreement shall refer to the Credit Agreement (as amended by this Amendment). This Amendment constitutes a Loan Document.

Section 5. Conditions to Effectiveness.

(a) This Amendment, and the obligations of the Lenders to make Term C-1 Loans, shall become effective on the first date (the “Effective Date”) when, and only when, each of the applicable conditions set forth below have been satisfied (or waived) in accordance with the terms herein:

(i) Amendment. The Administrative Agent shall have received counterparts of this Amendment duly executed and delivered by each of (A) the Borrowers and the other Loan Parties, (B) each Fronting Bank, (C) each Participating Lender representing 100% of the aggregate outstanding principal amount of the Existing Term Loans (other than the Reallocated Loans) and (D) the Administrative Agent.

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(ii) Participation Notices. The Administrative Agent shall have received fully executed and delivered Participation Notices from Participating Lenders and Fronting Banks representing 100% of the aggregate outstanding principal amount of the Existing Term Loans.

(iii) Borrowing Notice. The Administrative Agent shall have received an executed Borrowing Request in accordance with the terms hereof and Section 2.03(a) of the Credit Agreement.

(iv) Representations and Warranties. Each of the representations and warranties made by any Loan Party in Section 6 of this Amendment or in or pursuant to the other Loan Documents shall be true and correct in all material respects on and as of the Effective Date as if made on and as of such date except, (A) to the extent that such representations and warranties expressly relate to an earlier date, in which case they shall be true and correct in all material respects as of such date and (B) that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects.

(v) No Default or Event of Default. No Default or Event of Default shall exist on the Effective Date immediately before or immediately after giving effect to the effectiveness of this Amendment and the incurrence of the Term C-1 Loans.

(vi) Certificate. The Administrative Agent shall have received a certificate of the Borrower Representative dated as of the Effective Date signed by a Responsible Officer of the Borrower Representative certifying as to the matters set forth in subclauses (iv) and (v) above.

(vii) Fees. (i) Golub Capital Markets LLC shall have received all fees required to be paid by the Borrowers on the Effective Date pursuant to that certain Fee Letter, dated as of October 26 2016, among the Borrowers and Golub Capital Markets LLC, and (ii) all expenses required to be paid pursuant to the Credit Agreement on the Effective Date, to the extent invoiced at least one Business Days prior to the Effective Date, shall have been or concurrently herewith will be paid.

(viii) USA PATRIOT Act. No later than one Business Days in advance of the Effective Date, the Administrative Agent shall have received all documentation and other information reasonably requested by it in writing in advance of the Effective Date, which documentation or other information is required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the USA PATRIOT Act.

(ix) Accrued Interest on Existing Term Loans. Borrowers shall have paid or have caused to be paid, to the Administrative Agent, for the account of each Lender with Existing Term Loans on the Effective Date, all accrued interest owing on the Existing Term Loans to and until the Effective Date.

(b) On the Effective Date, upon the satisfaction of the conditions set forth in clause (a) hereof, the outstanding amount of Term Loans of each Converting Lender shall be deemed to be exchanged for an equal outstanding principal amount of Term C-1 Loans under the Credit Agreement. Such exchange shall be effected by book entry in such manner, and with such supporting documentation, as may be reasonably determined by the Administrative Agent.

(c) On or prior to the Effective Date, the Lenders (including Existing Lenders and the Fronting Banks, if applicable) shall sell and purchase Existing Term Loans, and make and receive payments, in immediately available funds, among themselves (and the Fronting Banks, if applicable), as directed by the Second Amendment Lead Arranger, in order to permit the exercise of Section 2.20 of the Existing Credit Agreement. All such sales and purchases shall be made in compliance with Sections 2.20 and 9.05 of the Existing Credit Agreement.

(d) To the extent there exist any Reallocated Loans, promptly following the Effective Date (but not later than 30 days following the Effective Date), each New Lender and each Converting Lender purchasing additional Term C-1 Loans shall purchase Reallocated Loans from the Fronting Banks in accordance with Section 9.05 of the Credit Agreement as directed by the Second Amendment Lead Arranger in accordance with such Participating Lender’s Term C-1 Commitment and as allocated by the Second Amendment Lead Arranger. Except to the extent otherwise 

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agreed by the Fronting Banks, purchases and sales of Reallocated Loans and any such excess Term C-1 Loans shall be made on a ratable basis among the Fronting Banks.

For purposes of determining whether the conditions specified in this Section 5 have been satisfied, by funding its Term C-1 Loans hereunder, the Administrative Agent, Fronting Bank and each Participating Lender that has executed this Amendment shall be deemed to have consented to, approved or accepted, or to be satisfied with, each document or other matter required hereunder to be consented to or approved by or acceptable or satisfactory to the Administrative Agent, Fronting Bank or such Participating Lender, as the case may be.

Section 6. Representations and Warranties. Each of Holdings (solely to the extent applicable to it), the Borrowers and the other Loan Parties, on behalf of themselves and their respective Subsidiaries, represent and warrant on the date hereof to the Lenders holding Term C-1 Commitments on the date hereof and the Administrative Agent that:

(a) Authorization; Enforceability. The execution, delivery and performance of this Amendment are within each applicable Loan Party’s corporate or other organizational powers and have been duly authorized by all necessary corporate or other organizational action of such Loan Party. This Amendment has been duly executed and delivered by each Loan Party and is a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency or similar laws affecting creditors’ rights generally and to general principles of equity and principles of good faith and fair dealing.

(b) Governmental Approvals; No Conflicts. The execution and delivery of this Amendment by each Loan Party party thereto and the performance by such Loan Party thereof (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except (i) such as have been obtained or made and are in full force and effect, (ii) for filings necessary to perfect Liens created pursuant to the Loan Documents or the “Loan Documents” (as defined in the Second Lien Term Loan Agreement) and (iii) such consents, approvals, registrations, filings, or other actions the failure to obtain or make which could not be reasonably expected to have a Material Adverse Effect, (b) will not violate any (i) of such Loan Party’s Organizational Documents or (ii) any Requirements of Law applicable to such Loan Party which, in the case of this clause (b)(ii), could reasonably be expected to have a Material Adverse Effect and (c) will not violate or result in a default under any Contractual Obligation of any of the Loan Parties which would reasonably be expected to result in a Material Adverse Effect.

Section 7. Further Assurances. The Loan Parties hereto shall execute and deliver such additional documents and take such additional action as may be reasonably necessary or desirable to effectuate the provisions and purposes of this Amendment.

Section 8. Severability. Any provision of this Amendment that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

Section 9. Headings. The headings listed herein are for convenience only and do not constitute matters to be construed in interpreting this Amendment.

Section 10. Governing Law. THIS AMENDMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS AMENDMENT (OTHER THAN AS EXPRESSLY SET FORTH IN THE OTHER LOAN DOCUMENTS), WHETHER IN TORT, CONTRACT (AT LAW OR IN EQUITY) OR OTHERWISE, SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

Section 11. Jurisdiction; Consent to Service of Process; Waiver of Jury Trial. Each of the provisions provided in the following sections of the Credit Agreement is hereby incorporated herein by this reference with the same effect as though set forth in its entirety herein, mutatis mutandis, and as if the phrase “this Agreement” in any such provision referred to this Amendment: Section 9.10(b), (c) and (d) and Section 9.11.

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Section 12. Counterparts. This Amendment may be executed in any number of counterparts (and by different parties hereto on different counterparts), all of which, when so executed, shall be deemed an original, but all such counterparts shall constitute one and the same agreement. Any signature delivered by a party by facsimile or electronic transmission shall be deemed to be an original signature hereto.

Section 13. Prepayment Notice. The Participating Lenders and the Fronting Bank party hereto, which constitute the Required Lenders, and the Administrative Agent hereby waive the requirement under Section 2.12(a)(ii) of the Credit Agreement to provide notice to the Administrative Agent not less than three (3) Business Days prior to the prepayment of the Initial Term Loans and Term B-1 Loans to be made hereunder. It is understood and agreed that this Amendment shall serve as the notice referred to in Section 2.12(a)(ii) of the Credit Agreement.

Section 14. Register. The Administrative Agent will record the Term C-1 Loans made by each Participating Lender in the Register in accordance with, and to the extent required by, the Credit Agreement.

Section 15. Notice. For purposes of the Credit Agreement, the initial notice address of each New Lender shall be as separately identified to the Administrative Agent.

Section 16. Tax Forms. For each New Lender, solely to the extent relevant and applicable, delivered herewith to the Administrative Agent are such forms, certificates or other evidence with respect to United States federal income tax withholding matters as such New Lender may be required to deliver to the Administrative Agent pursuant to Section 2.18 of the Credit Agreement and an Administrative Questionnaire.

[SIGNATURE PAGES FOLLOW]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their respective authorized officers as of the day and year first above written.

 

	
ANDREWS HENDERSON LLC,

	
a Delaware limited liability company, as Borrower

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

	
NETSMART, INC.,

	
a Delaware corporation, as Borrower

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

	
NETSMART TECHNOLOGIES, INC.,

	
a Delaware corporation, as Borrower and Borrower Representative

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

	
NATHAN INTERMEDIATE LLC,

	
a Delaware limited liability company, as Holdings

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

 

 

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NETSMART ILLINOIS, INC.,

	
a Delaware corporation, as Subsidiary Guarantor

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

	
NETSMART NEW YORK, INC.,

	
a Delaware corporation, as Subsidiary Guarantor

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

	
LWS ACQUISITION CORP.,

	
a Delaware corporation, as Subsidiary Guarantor

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

	
DEFRAN SYSTEMS, INC.,

	
a New York corporation, as Subsidiary Guarantor

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
SEQUEST PARENT COMPANY, INC.,

	
a Delaware corporation, as Subsidiary Guarantor

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

	
SEQUEST HEALTHCARE BILLING, INC.,

	
a Delaware corporation, as Subsidiary Guarantor

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

	
SEQUEST TECHNOLOGIES, INC.,

	
an Illinois corporation, as Subsidiary Guarantor

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

	
TREND ACQUISITION CORP.,

	
a Delaware corporation, as Subsidiary Guarantor

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
HEALTHMEDX, LLC,

	
a Delaware limited liability company, as Subsidiary Guarantor

	
 

	
By:
	
 
	
/s/ Anthony Ritz

	
 
	
 
	
Name:
	
Anthony Ritz

	
 
	
 
	
Title:
	
Chief Financial Officer

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
PEACH FUNDING CORPORATION,

	
as a Fronting Bank

	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
 
	
 
	
Name:
	
Robert G. Tuchscherer

	
 
	
 
	
Title:
	
Managing Director

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
UBS AG, STAMFORD BRANCH

	
as Administrative Agent

	
 

	
By:
	
 
	
/s/ Darlene Arias

	
 
	
 
	
Name:
	
Darlene Arias

	
 
	
 
	
Title:
	
Director

	
 
	
 
	
 
	
 

	
By:
	
 
	
/s/ Denise Bushee

	
 
	
 
	
Name:
	
Denise Bushee

	
 
	
 
	
Title:
	
Associate Director

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
BEAN CREEK CLO, LTD.,

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Bryan Higgins

	
 
	
 
	
Name:
	
Bryan Higgins

	
 
	
 
	
Title:
	
Manager

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
MILL CREEK CLO II, LTD.,

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Bryan Higgins

	
 
	
 
	
Name:
	
Bryan Higgins

	
 
	
 
	
Title:
	
Manager

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
AMMC CLO 16, LIMITED

	
as a Participating Lender

	
By: American Money Management Corp.,

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ David P. Meyer

	
 
	
 
	
Name:
	
David P. Meyer

	
 
	
 
	
Title:
	
Senior Vice President

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
AMMC CLO 18, LIMITED

	
as a Participating Lender

	
By: American Money Management Corp.,

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ David Meyer

	
 
	
 
	
Name:
	
David Meyer

	
 
	
 
	
Title:
	
Senior Vice President

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
DEUTSCHE BANK AG NEW YORK BRANCH

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Marcus M.Tarkington

	
 
	
 
	
Name:
	
Marcus M.Tarkington

	
 
	
 
	
Title:
	
Director

	
 
	
 
	
 
	
 

	
By:
	
 
	
/s/ Dusan Lazarov

	
 
	
 
	
Name:
	
Dusan Lazarov

	
 
	
 
	
Title:
	
Director

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

 

	
Aon Hewitt Group Trust - High Yield Plus Bond Fund

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Manager

	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
AVAW Loans Sankaty z.H. Internationale

	
Kapitalanlagegesellschaft mbH

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Fund Manager

	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Suzuka INKA

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Fund Manager

	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Sunsuper Pooled Superannuation Trust

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Manager

	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Sankaty Rio Grande FMC, L.P.

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Sankaty Managed Account (TCCC), L.P.

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Sankaty Managed Account (PSERS), L.P.

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Sankaty Managed Account (FSS), L.P.

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
San Francisco City and County Employees’

	
Retirement System

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Investment Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
RBS Pension Trustee Limited as Trustee to The 

Royal Bank of Scotland Group Pension Fund

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Investment Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Los Angeles County Employees Retirement Association

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Kaiser Permanente Group Trust

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Investment Adviser

	
and Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Kaiser Foundation Hospitals

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Investment Adviser

	
and Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Future Fund Board of Guardians

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Investment Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
FirstEnergy System Master Retirement Trust

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Catholic Health Initiatives Master Trust

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Investment Adviser

	
and Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
CHI Operating Investment Program L.P.

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Investment Adviser

	
and Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Community Insurance Company

	
as a Participating Lender

	
By: Bain Capital Credit, LP, as Investment Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Andrew Viens

	
 
	
 
	
Name:
	
Andrew Viens

	
 
	
 
	
Title:
	
Executive Vice President

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
NF Investment Corp.,

	
as a Participating Lender

	
 
	
 
	
 
	
 

	
By:
	
 
	
/s/ Mark Tamburello

	
 
	
 
	
Name:
	
Mark Tamburello

	
 
	
 
	
Title:
	
Vice President

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
FDF I Limited

	
as a Participating Lender

	
By: FDF I CM LLC, its collateral manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Jennifer Sorkin

	
 
	
 
	
Name:
	
Jennifer Sorkin

	
 
	
 
	
Title:
	
Treasurer

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
FDF II Limited

	
as a Participating Lender

	
By: FDF II CM LLC, its collateral manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Jennifer Sorkin

	
 
	
 
	
Name:
	
Jennifer Sorkin

	
 
	
 
	
Title:
	
Treasurer

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Fortress Credit BSL II Limited

	
as a Participating Lender

	
BY: FC BSL II CM LLC, its collateral manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Jennifer Sorkin

	
 
	
 
	
Name:
	
Jennifer Sorkin

	
 
	
 
	
Title:
	
Managing Director/Treasurer

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Fortress Credit BSL III Limited

	
as a Participating Lender

	
By: FC BSL III CM LLC, its collateral manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Jennifer Sorkin

	
 
	
 
	
Name:
	
Jennifer Sorkin

	
 
	
 
	
Title:
	
Treasurer

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
FORTRESS CREDIT BSL LIMITED

	
as a Participating Lender

	
BY: FC BSL CM LLC, its collateral manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Jennifer Sorkin

	
 
	
 
	
Name:
	
Jennifer Sorkin

	
 
	
 
	
Title:
	
Managing Director/Treasurer

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Hildene CLO I Ltd

	
as a Participating Lender

	
By: CF H-BSL MANAGEMENT LLC, its Collateral 

	
Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Jennifer Sorkin

	
 
	
 
	
Name:
	
Jennifer Sorkin

	
 
	
 
	
Title:
	
Treasurer

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
Hildene CLO III Ltd

	
as a Participating Lender

	
By: CF H-BSL MANAGEMENT LLC, its Collateral 

	
Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Jennifer Sorkin

	
 
	
 
	
Name:
	
Jennifer Sorkin

	
 
	
 
	
Title:
	
Treasurer

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
HILDENE CLO IV, Ltd

	
as a Participating Lender

	
By: CF H-BSL MANAGEMENT LLC, its Collateral 

	
Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Jennifer Sorkin

	
 
	
 
	
Name:
	
Jennifer Sorkin

	
 
	
 
	
Title:
	
Treasurer

	
 
	
 
	
 
	
 

	
If a second signature is necessary:

	
 
	
 
	
 
	
 

	
By:
	
 
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
PEACH FUNDING CORPORATION,

	
as a Fronting Bank

	
 
	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
 
	
 
	
Name:
	
Robert G. Tuchscherer

	
 
	
 
	
Title:
	
Managing Director

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
PEACH FUNDING CORPORATION,

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
Name:
	
 
	
Robert G. Tuchscherer

	
Title:
	
 
	
Managing Director

 

	
GOLUB CAPITAL FINANCE FUNDING LLC

	
as a Participating Lender

	
By: GC Advisors LLC, its Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
Name:
	
 
	
Robert G. Tuchscherer

	
Title:
	
 
	
Managing Director

 

	
GOLUB CAPITAL BDC FUNDING LLC

	
as a Participating Lender

	
By: GC Advisors LLC, its Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
Name:
	
 
	
Robert G. Tuchscherer

	
Title:
	
 
	
Managing Director

 

	
GCIC FUNDING LLC

	
as a Participating Lender

	
By: Golub Capital Investment Corporation, its sole 

	
member

	
By: GC Advisors LLC, its Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
Name:
	
 
	
Robert G. Tuchscherer

	
Title:
	
 
	
Managing Director

 

	
GCP FINANCE 4, LTD.

	
as a Participating Lender

	
By: GC Advisors LLC, as agent

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
Name:
	
 
	
Robert G. Tuchscherer

	
Title:
	
 
	
Managing Director

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

Senior Credit Fund SPV I, LLC

By: Senior Credit Fund, LLC, its sole member

By: Goldman Sachs Asset Management, solely in its capacity as Administrative Agent, and not as Principal,

as a Participating Lender

 

	
By:
	
 
	
/s/ Mehmet Barlas

	
 
	
 
	
Name:
	
Mehmet Barlas

	
 
	
 
	
Title:
	
Authorized Signatory

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Birchwood Park CLO, Ltd.

	
as a Participating Lender

	
By: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Blackstone / GSO Long-Short Credit Income Fund

	
as a Participating Lender

	
BY: GSO / Blackstone Debt Funds Management LLC

	
as Investment Advisor

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Blackstone / GSO Senior Floating Rate Term Fund

	
as a Participating Lender

	
BY: GSO / Blackstone Debt Funds Management LLC

	
as Investment Advisor

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
BLACKSTONE/GSO STRATEGIC CREDIT FUND

	
as a Participating Lender

	
BY: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Bowman Park CLO, Ltd.

	
as a Participating Lender

	
By: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Cole Park CLO, Ltd.

	
as a Participating Lender

	
By: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Cumberland Park CLO Ltd.

	
as a Participating Lender

	
By: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Keuka Park CLO, Ltd.

	
as a Participating Lender

	
BY: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Dorchester Park CLO Ltd.

	
as a Participating Lender

	
By: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Pinnacle Park CLO, Ltd

	
as a Participating Lender

	
By: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Jay Park CLO Ltd.

	
as a Participating Lender

	
By: Virtus Partners LLC

	
as Collateral Administrator

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Seneca Park CLO, Ltd.

	
as a Participating Lender

	
By: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Sheridan Square CLO, Ltd.

	
as a Participating Lender

	
By: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Stewart Park CLO, Ltd.

	
as a Participating Lender

	
BY: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Westcott Park CLO, Ltd.

	
as a Participating Lender

	
By: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager to Warehouse Parent, Ltd.

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Webster Park CLO, Ltd

	
as a Participating Lender

	
By: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Tryon Park CLO Ltd.

	
as a Participating Lender

	
BY: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Thacher Park CLO, Ltd.

	
as a Participating Lender

	
BY: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Treman Park CLO, Ltd.

	
as a Participating Lender

	
BY: GSO / Blackstone Debt Funds Management LLC

	
as Collateral Manager

	
 

	
By:
	
 
	
/s/ Thomas Iannarone

	
 
	
 
	
Name:
	
Thomas Iannarone

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Highbridge Loan Management 3-2014 Ltd.

	
as a Participating Lender

	
By: HPS Investment Partners, LLC,

	
Its Investment Manager

	
 

	
By:
	
 
	
/s/ Jamie Donsky

	
 
	
 
	
Name:
	
Jamie Donsky

	
 
	
 
	
Title:
	
Senior Vice President

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
HPS Loan Management 9-2016, Ltd.

	
as a Participating Lender

	
By: HPS Investment Partners, LLC

	
As the Collateral Manager

	
 

	
By:
	
 
	
/s/ Jamie Donsky

	
 
	
 
	
Name:
	
Jamie Donsky

	
 
	
 
	
Title:
	
Senior Vice President

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Highbridge Loan Management 8-2016, Ltd.

	
as a Participating Lender

	
By: HPS Investment Partners, LLC

	
As the Collateral Manager

	
 

	
By:
	
 
	
/s/ Jamie Donsky

	
 
	
 
	
Name:
	
Jamie Donsky

	
 
	
 
	
Title:
	
Senior Vice President

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Highbridge Loan Management 5-2015, Ltd.

	
as a Participating Lender

	
By: HPS Investment Partners, LLC

	
As the Collateral Manager

	
 

	
By:
	
 
	
/s/ Jamie Donsky

	
 
	
 
	
Name:
	
Jamie Donsky

	
 
	
 
	
Title:
	
Senior Vice President

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Highbridge Loan Management 4-2014, Ltd.

	
as a Participating Lender

	
By: HPS Investment Partners, LLC

	
As the Collateral Manager

	
 

	
By:
	
 
	
/s/ Jamie Donsky

	
 
	
 
	
Name:
	
Jamie Donsky

	
 
	
 
	
Title:
	
Senior Vice President

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment  No. 2 to First Lien Credit Agreement]

 

 

	
ING Capital LLC,

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Christopher J. Moon

	
 
	
 
	
Name:
	
Christopher J. Moon

	
 
	
 
	
Title:
	
Director

	
 
	
 
	
 
	
 

	
By:
	
 
	
/s/ Pim Rothweiler

	
 
	
 
	
Name:
	
Pim Rothweiler

	
 
	
 
	
Title:
	
Managing Director

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
ICG US CLO 2015-1, Ltd

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Seth Katzenstein

	
 
	
 
	
Name:
	
Seth Katzenstein

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
ICG US CLO 2016-1, Ltd.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Seth Katzenstein

	
 
	
 
	
Name:
	
Seth Katzenstein

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
ICG US CLO 2014-1, Ltd.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Seth Katzenstein

	
 
	
 
	
Name:
	
Seth Katzenstein

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
ICG US CLO 2014-2 Ltd

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Seth Katzenstein

	
 
	
 
	
Name:
	
Seth Katzenstein

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
ICG US CLO 2014-3, Ltd.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Seth Katzenstein

	
 
	
 
	
Name:
	
Seth Katzenstein

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

	
ICG US CLO 2015-2, Ltd.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Seth Katzenstein

	
 
	
 
	
Name:
	
Seth Katzenstein

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

IN WITNESS WHEREOF, the undersigned has caused this Participation Notice to be executed and delivered by a duly authorized officer.

 

	
CSCOP SE I LLC,

	
as a Lender (type name of the legal entity)

	
 

	
By:
	
 
	
/s/ Philip Davidson

	
 
	
 
	
Name:
	
Philip Davidson

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

Netsmart Technologies, Inc.

Participation Notice

 

 

 

	
BCBSM, Inc.

	
as a Participating Lender

	
BY: KKR Its Collateral Manager

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Chubb Bermuda Insurance Ltd

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Chubb Tempest Reinsurance Ltd

	
as a Participating Lender

	
by KKR Credit Advisors (US) LLC

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Chubb Tempest Reinsurance Ltd.

	
as a Participating Lender

	
by KKR Credit Advisors (US) LLC

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Corporate Capital Trust II

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Geveran Investments Limited

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
HMO Minnesota

	
as a Participating Lender

	
BY: KKR Its Collateral Manager

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
HYFI Aquamarine Loan Fund

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
KKR CLO 10 LTD.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
KKR CLO 11 LTD.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
KKR CLO 12 LTD.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
KKR CLO 13 Ltd.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
KKR CLO 14 Ltd.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
KKR CLO 9 LTD.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
KKR FINANCIAL CLO 2012-1, LTD.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
KKR FINANCIAL CLO 2013-1, LTD.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
KKR FINANCIAL CLO 2013-2, LTD.

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Maryland State Retirement and Pension System

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Oregon Public Employees Retirement Fund

	
as a Participating Lender

	
 

	
By:
	
 
	
/s/ Jeffrey Smith

	
 
	
 
	
Name:
	
Jeffrey Smith

	
 
	
 
	
Title:
	
Authorized Signatory

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Bower 1 LLC

	
as a Participating Lender

	
By: Citibank, N.A.,

	
 
	
 
	
 

	
By:
	
 
	
/s/ Mitesh Bhakta

	
 
	
 
	
Name:
	
Mitesh Bhakta

	
 
	
 
	
Title:
	
Associate Director

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
MidOcean Credit CLO III

	
as a Participating Lender

	
By: MidOcean Credit Fund Management LP, 

	
as Portfolio Manager

	
By: Ultramar Credit Holdings, Ltd., its General

	
Partner

	
 
	
 
	
 

	
By:
	
 
	
/s/ Michael Apfel

	
 
	
 
	
Name:
	
Michael Apfel

	
 
	
 
	
Title:
	
Managing Director

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
MidOcean Credit CLO IV

	
as a Participating Lender

	
By: MidOcean Credit Fund Management LP, 

	
as Portfolio Manager

	
By: Ultramar Credit Holdings, Ltd., its General

	
Partner

	
 
	
 
	
 

	
By:
	
 
	
/s/ Michael Apfel

	
 
	
 
	
Name:
	
Michael Apfel

	
 
	
 
	
Title:
	
Managing Director

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
MidOcean Credit Opportunity Master Fund, LP

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Michael Apfel

	
 
	
 
	
Name:
	
Michael Apfel

	
 
	
 
	
Title:
	
Managing Director

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Monroe Capital BSL CLO 2015-1, Ltd.

	
as a Lender

	
By Monroe Capital Management LLC, as

	
Collateral Manager and Attorney-in Fact

	
as a participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Jeffrey Williams

	
 
	
 
	
Name:
	
Jeffrey Williams

	
 
	
 
	
Title:
	
Managing Director

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Regatta II Funding LP

	
as a Participating Lender

	
By: Napier Park Global Capital (US) LP

	
Attorney-in-fact

	
 
	
 
	
 

	
By:
	
 
	
/s/ Melanie Hanlon

	
 
	
 
	
Name:
	
Melanie Hanlon

	
 
	
 
	
Title:
	
Managing Director

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Regatta III Funding Ltd

	
as a Participating Lender

	
By: Napier Park Global Capital (US) LP

	
Attorney-in-fact

	
 
	
 
	
 

	
By:
	
 
	
/s/ Melanie Hanlon

	
 
	
 
	
Name:
	
Melanie Hanlon

	
 
	
 
	
Title:
	
Managing Director

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Regatta IV Funding Ltd

	
as a Participating Lender

	
By: Napier Park Global Capital (US) LP

	
Attorney-in-fact

	
 
	
 
	
 

	
By:
	
 
	
/s/ Melanie Hanlon

	
 
	
 
	
Name:
	
Melanie Hanlon

	
 
	
 
	
Title:
	
Managing Director

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Regatta V Funding Ltd

	
as a Participating Lender

	
By: Napier Park Global Capital (US) LP

	
Attorney-in-fact

	
 
	
 
	
 

	
By:
	
 
	
/s/ Melanie Hanlon

	
 
	
 
	
Name:
	
Melanie Hanlon

	
 
	
 
	
Title:
	
Managing Director

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Regatta VI Funding Ltd

	
as a Participating Lender

	
By: Regatta Loan Management LLC its Collateral

	
Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Melanie Hanlon

	
 
	
 
	
Name:
	
Hanlon, Melanie

	
 
	
 
	
Title:
	
Managing Director

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
NMFC Senior Loan Program II LLC

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert A. Hamwee

	
 
	
 
	
Name:
	
Robert A. Hamwee

	
 
	
 
	
Title:
	
Chief Executive Officer & Director

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
American Beacon Sound Point Floating Rate Income

	
Fund, a series of American Beacon Funds

	
as a Participating Lender

	
By: Sound Point Capital Management, LP 

	
as Sub-Advisor

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Cavello Bay Reinsurance Limited

	
as a Participating Lender

	
By: Sound Point Capital Management, LP as 

	
Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Commonwealth of Pennsylvania, Treasury

	
Department

	
as a Participating Lender

	
BY: Sound Point Capital Management, LP as 

	
Investment Advisor

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Commonwealth of Pennsylvania, Treasury

	
Department - Tuition Account Program

	
as a Participating Lender

	
BY: Sound Point Capital Management, LP as 

	
Investment Advisor

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Kaiser Foundation Hospitals

	
as a Participating Lender

	
By: Sound Point Capital Management, LP as 

	
Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Kaiser Permanente Group Trust

	
as a Participating Lender

	
By: Sound Point Capital Management, LP as 

	
Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Privilege Underwriters Reciprocal Exchange

	
as a Participating Lender

	
By: Sound Point Capital Management, LP as 

	
Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
PURE Insurance Company

	
as a Participating Lender

	
By: Sound Point Capital Management, LP as 

	
Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
SOUND POINT FLOATING RATE FUND, A

	
SERIES OF TAYLOR INSURANCE SERIES LP

	
as a Participating Lender

	
BY: Sound Point Capital Management LP As 

	
Investment Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Sound Point CLO XI, Ltd.

	
as a Participating Lender

	
By: Sound Point Capital Management, LP as 

	
Collateral Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Sound Point Senior Floating Rate Master Fund, L.P.

	
as a Participating Lender

	
BY: Sound Point Capital Management, LP as 

	
Investment Advisor

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Teamsters Pension Trust Fund of Philadelphia &

	
Vicinity

	
as a Participating Lender

	
BY: Sound Point Capital Management, LP as 

	
Investment Advisor

	
 
	
 
	
 

	
By:
	
 
	
/s/ Misha Shah

	
 
	
 
	
Name:
	
Misha Shah

	
 
	
 
	
Title:
	
CLO Operations Associate

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
SCOF-2 LTD.

	
as a Participating Lender

	
By: Symphony Asset Management LLC 

	
 
	
 
	
 

	
By:
	
 
	
/s/ scott caraher

	
 
	
 
	
Name:
	
scott caraher

	
 
	
 
	
Title:
	
portfolio manager

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
SSF-1 LLC

	
as a Participating Lender

	
BY: Symphony Asset Management LLC 

	
 
	
 
	
 

	
By:
	
 
	
/s/ scott caraher

	
 
	
 
	
Name:
	
scott caraher

	
 
	
 
	
Title:
	
portfolio manager

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Symphony CLO XIV, Ltd

	
as a Participating Lender

	
By: Symphony Asset Management LLC 

	
 
	
 
	
 

	
By:
	
 
	
/s/ scott caraher

	
 
	
 
	
Name:
	
scott caraher

	
 
	
 
	
Title:
	
portfolio manager

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Symphony CLO XV, Ltd

	
as a Participating Lender

	
BY: Symphony Asset Management LLC 

	
 
	
 
	
 

	
By:
	
 
	
/s/ scott caraher

	
 
	
 
	
Name:
	
scott caraher

	
 
	
 
	
Title:
	
portfolio manager

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Symphony CLO XVI, LTD

	
as a Participating Lender

	
By: Symphony Asset Management LLC 

	
 
	
 
	
 

	
By:
	
 
	
/s/ scott caraher

	
 
	
 
	
Name:
	
scott caraher

	
 
	
 
	
Title:
	
portfolio manager

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Symphony CLO XVII, LTD

	
as a Participating Lender

	
By: Symphony Asset Management LLC 

	
 
	
 
	
 

	
By:
	
 
	
/s/ scott caraher

	
 
	
 
	
Name:
	
scott caraher

	
 
	
 
	
Title:
	
portfolio manager

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Gallatin CLO IV 2012-1, Ltd

	
As Assignee

	
By: MP Senior Credit Partners L.P.

	
as its Collateral Manager

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Niall Rosenzweig

	
 
	
 
	
Name:
	
Niall Rosenzweig

	
 
	
 
	
Title:
	
President

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

 

	
Gallatin CLO V 2013-1, Ltd

	
As Assignee

	
By: MP Senior Credit Partners L.P.

	
as its Collateral Manager

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Niall Rosenzweig

	
 
	
 
	
Name:
	
Niall Rosenzweig

	
 
	
 
	
Title:
	
President

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

 

	
Wellfleet CLO 2016-1, Ltd.

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Dennis Talley

	
 
	
 
	
Name:
	
Dennis Talley

	
 
	
 
	
Title:
	
Portfolio Manager

 

	
If a second signature is necessary:

	
 

	
By:
	
 
	
 

	
 
	
 
	
Name:
	
 

	
 
	
 
	
Title:
	
 

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
Henry’s Fork II – A, LLC,

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Kristine Jurczyk

	
 
	
 
	
Name:
	
Kristine Jurczyk

	
 
	
 
	
Title:
	
Duly Authorized Signatory

 

 

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]

 

 

	
PEACH FUNDING CORPORATION,

	
as a Participating Lender

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
Name:
	
 
	
Robert G. Tuchscherer

	
Title:
	
 
	
Managing Director

 

	
GOLUB CAPITAL FINANCE FUNDING LLC

	
as a Participating Lender

	
By: GC Advisors LLC, its Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
Name:
	
 
	
Robert G. Tuchscherer

	
Title:
	
 
	
Managing Director

 

	
GOLUB CAPITAL BDC FUNDING LLC

	
as a Participating Lender

	
By: GC Advisors LLC, its Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
Name:
	
 
	
Robert G. Tuchscherer

	
Title:
	
 
	
Managing Director

 

	
GCIC FUNDING LLC

	
as a Participating Lender

	
By: Golub Capital Investment Corporation, its sole

	
member

	
By: GC Advisors LLC, its Manager

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
Name:
	
 
	
Robert G. Tuchscherer

	
Title:
	
 
	
Managing Director

 

	
GCP FINANCE 4, LTD.

	
as a Participating Lender

	
By: GC Advisors LLC, as agent

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert G. Tuchscherer

	
Name:
	
 
	
Robert G. Tuchscherer

	
Title:
	
 
	
Managing Director

 

[Signature Page to Amendment No. 2 to First Lien Credit Agreement]mdrx-ex1049_962.htm

EXHIBIT 10.49

allscripts healthcare solutions, inc.

EMPLOYMENT AGREEMENT 

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made this 13th day of October, 2016 (the “Signing Date”), to become effective the _1st__ day of November, 2016 (the “Effective Date”), by and between Allscripts Healthcare Solutions, Inc., a corporation organized and existing under the laws of the State of Delaware (“Company”), and Lisa Khorey (“Executive”).  Provided, however, that the Effective Date may be changed by Executive to a later date of up to six months after Executive gives notice of her resignation from employment with current employer as may be required to comply with Executive’s contractual obligations to her current employer.

RECITALS

WHEREAS, commencing on the Effective Date, Company desires to employ Executive subject to the terms and conditions of this Agreement; and

WHEREAS, Executive desires to be employed by Company subject to the terms and conditions of this Agreement.

NOW THEREFORE, in consideration of the foregoing premises, of the mutual agreements and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 

AGREEMENT

1.Employment.

Company hereby agrees to employ Executive, and Executive hereby accepts employment, as Executive Vice President, Chief Client Delivery Officer, of the Company, pursuant to the terms of this Agreement.  Executive shall have the duties and responsibilities and perform such administrative and managerial services of these positions as are delegated or assigned to Executive from time to time by the President of Company (the “President”), the Chief Executive Officer of the Company (the “CEO”), or the individual holding the functional equivalent of either of those positions.  Executive shall carry out Executive’s responsibilities hereunder on a full-time basis for and on behalf of Company; provided that Executive shall be entitled to devote time to personal investments, civic and charitable activities, and personal education and development, so long as such activities do not interfere with or conflict with Executive’s duties hereunder.  Notwithstanding the foregoing, Executive agrees that, during the term of this Agreement, Executive shall not act as an officer of any entity other than Company without the prior written consent of Company.  Executive shall perform her duties at the Company’s Pittsburgh, Pennsylvania office and her home in the Pittsburgh, Pennsylvania area, subject to normal business travel requirements.

	
 
	
 
	
 

 

 

2.Term.

The term of Executive’s employment by Company under this Agreement (the “Employment Period”) shall commence on the Effective Date and shall continue in effect through the third (3rd) anniversary of the Effective Date, unless earlier terminated as provided herein.  Thereafter, unless Company or Executive shall elect not to renew the Employment Period upon the expiration of the initial term or any renewal term, which election shall be made by providing written notice of nonrenewal to the other party at least ninety (90) days prior to the expiration of the then current term, the Employment Period shall be extended for an additional twelve (12) months.  If Company elects not to renew the Employment Period at the end of the initial term or any renewal term, such nonrenewal shall be treated as a termination of the Employment Period and Executive’s employment without Cause by Company for the limited purpose of determining the payments and benefits available to Executive (i.e., Executive shall be entitled to the severance benefits set forth in Section 4.5.1).  If Executive elects not to renew the Employment Period at the end of the initial term or any renewal term, such nonrenewal shall constitute a termination of Executive’s employment and the Employment Period by Executive without Constructive Discharge, and Executive shall be entitled to the payments and benefits set forth in Section 4.5.3.

3.Compensation and Benefits.

In consideration for the services Executive shall render under this Agreement, Company shall provide or cause to be provided to Executive the following compensation and benefits:

3.1Base Salary.  During the Employment Period, Company shall pay to Executive an annual base salary at a rate of $430,000 per annum, subject to all appropriate federal and state withholding taxes, which base salary shall be payable in accordance with Company’s normal payroll practices and procedures.  Executive’s base salary shall be reviewed annually during the Employment Period by the President and/or and the Chief Executive Officer of the Company, who shall recommend any increases to the Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company (the “Board”) and may be increased in the sole discretion of the Board or Compensation Committee based on Executive’s performance during the preceding calendar year.  Executive’s base salary, as such base salary may be increased hereunder, is hereinafter referred to as the “Base Salary.”

3.2Bonuses.

3.2.1Performance Bonus.  Executive shall be eligible to receive cash bonuses in accordance with this Section 3.2.1 (each a “Performance Bonus”).  The amount and payment of any Performance Bonus shall be subject to a recommendation by the CEO to the Compensation Committee, and such Performance Bonus shall be determined in the sole discretion of, and based upon criteria selected by, the Compensation Committee.  Subject to the foregoing exercise of discretion, Executive’s annual target Performance Bonus shall be 75% of Executive’s Base Salary (the “Target Performance Bonus”), but may, based on performance, be less than or exceed such amount.  Performance Bonuses shall be paid according to the terms of the bonus plan or program in which Executive participates from time to time.

	
 
	
2
	
 

 

 

3.2.2Signing Bonus.  Executive shall receive a one-time signing bonus of $150,000 (the “Signing Bonus”).  The Signing Bonus will be paid in a single lump sum on the first normal pay period after the Effective Date.  If the Company terminates Executive’s employment for Cause or Executive terminates Executive’s employment without Constructive Discharge within the first 12 months of employment, Executive must repay a pro rata share of the Signing Bonus based on the remaining portion of the first 12 months of employment within 30 days of the termination of Executive’s employment.

3.3Benefits.  During the Employment Period and as otherwise provided hereunder, Executive shall be entitled to the following:

3.3.1Vacation.  Executive shall be entitled to participate in Company’s vacation policy for similarly-situated employees.

3.3.2Participation in Benefit Plans.  Executive shall be entitled to health and/or dental benefits, including immediate coverage for Executive and Executive’s eligible dependents, which are generally available to similarly situated employees and as provided by Company in accordance with its group health insurance plan coverage.  In addition, Executive shall be entitled to participate in any profit sharing plan, retirement plan, group life insurance plan or other insurance plan or medical expense plan maintained by Company for its salaried employees generally, in accordance with the general eligibility criteria therein.

3.4Expenses.  Company shall reimburse Executive for proper and necessary expenses incurred by Executive in the performance of Executive’s duties under this Agreement from time to time upon Executive’s submission to Company of invoices of such expenses in reasonable detail and subject to all standard policies and procedures of Company with respect to such expenses.

3.5Stock Awards.  

3.5.1Executive shall be eligible to participate in any applicable stock bonus, stock option, or similar plan implemented by Company and generally available to its senior executive employees.  The amount of any awards made thereunder shall be in the sole discretion of the Board or the Compensation Committee.

3.5.2Company shall grant to Executive, as soon as practicable on or after the Effective Date: (i) restricted stock unit awards under a Company stock incentive plan with an aggregate grant-date value of $650,000, one-third (1/3) of which awards shall vest, subject to Executive’s continued employment, on each of the first three anniversaries of the grant date (the “New-Hire Equity Award”).  The form of and terms and conditions applicable to the New Hire Equity Award will be determined in the sole discretion of the Company in accordance with the Company stock incentive plan under which such awards are granted.  

4.Termination of Services Prior To Expiration of Agreement.

Executive’s employment hereunder and the Employment Period may be terminated at any time as follows (the effective date of such termination hereinafter referred to as the “Termination Date”):

	
 
	
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4.1Termination upon Death or Disability of Executive.

4.1.1Executive’s employment hereunder and the Employment Period shall terminate immediately upon the death of Executive.  In such event, all rights of Executive and/or Executive’s estate (or named beneficiary) shall cease except for the right to receive payment of the amounts set forth in Section 4.5.4 of the Agreement.

4.1.2Company may terminate Executive’s employment hereunder and the Employment Period upon the disability of Executive.  For purposes of this Agreement, Executive shall be deemed to be “disabled” if Executive, as a result of illness or incapacity, shall be unable to perform substantially Executive’s required duties for a period of three (3) consecutive months or for any aggregate period of three (3) months in any six (6) month period.  In the event of a dispute as to whether Executive is disabled, Company may refer Executive to a licensed practicing physician selected by mutual agreement of Executive and the Company, which agreement shall not be unreasonably withheld, and Executive agrees to submit to such tests and examination as such physician shall deem appropriate to determine Executive’s capacity to perform the services required to be performed by Executive hereunder.  In such event, the parties hereby agree that the decision of such physician as to the disability of Executive shall be final and binding on the parties.  Any termination of the Employment Period under this Section 4.1.2 shall be effected without any adverse effect on Executive’s rights to receive benefits under any disability policy of Company, but shall not be treated as a termination without Cause.

4.2Termination by Company for Cause.  Company may terminate Executive’s employment hereunder and the Employment Period for Cause (as defined herein) upon written notice to Executive, which termination shall be effective on the date specified by Company in such notice; provided, however, that Executive shall have a period of ten (10) days (or such longer period not to exceed thirty (30) days as would be reasonably required for Executive to cure such action or inaction) after the receipt of the written notice from Company to cure the particular action or inaction, to the extent a cure is possible.  For purposes of this Agreement, the term “Cause” shall mean:

4.2.1the willful or grossly negligent failure by Executive to perform Executive’s duties and obligations hereunder in any material respect, other than any such failure resulting from the disability of Executive;

4.2.2Executive’s conviction of a crime or offense involving the property of Company, or any crime or offense constituting a felony or involving fraud or moral turpitude; provided that, in the event that Executive is arrested or indicted for a crime or offense related to any of the foregoing, then Company may, at its option, place Executive on paid leave of absence, pending the final outcome of such arrest or indictment;

4.2.3Executive’s violation of any law, which violation is materially and demonstrably injurious to the operations or reputation of Company; or

4.2.4Executive’s material violation of any generally recognized policy of Company or Executive’s refusal to follow the lawful directions of the President, or Executive’s insubordination to Executive’s supervisor.

	
 
	
4
	
 

 

 

4.3Termination by Company without Cause; Termination by Executive without Constructive Discharge.  Executive may terminate Executive’s employment and the Employment Period at any time for any reason upon thirty (30) days’ prior written notice to Company.  Company may terminate Executive’s employment and the Employment Period without Cause upon thirty (30) days’ prior written notice to Executive.  Upon termination of Executive’s employment with Company for any reason, Executive shall be deemed to have resigned from all positions with the other members of Company and its subsidiaries (provided, that any such deemed resignations shall not affect Executive’s entitlement (if any) to severance pay and benefits hereunder).

4.4Termination by Executive for Constructive Discharge.

4.4.1Executive may terminate Executive’s employment and the Employment Period, in accordance with the process set forth below, as a result of a Constructive Discharge.  For purposes of this Agreement “Constructive Discharge” shall mean the occurrence of any of the following:

	
 
	
(i)
	
a failure of Company to meet its obligations in any material respect under this Agreement, including, without limitation, (x) any reduction in the Base Salary or (y) any failure to pay the Base Salary (other than, in the case of clause (y), the inadvertent failure to pay a de minimis amount of the Base Salary, which payment is immediately made by Company upon notice from Executive);

	
 
	
(ii)
	
a material diminution in or other substantial adverse alteration in the nature or scope of Executive’s responsibilities or authority with Company from those in effect on the Effective Date (excluding, for this purpose, changes following a Change of Control (x) to Executive’s reporting responsibilities and (y) arising by reason of Company ceasing to be a public company); or

	
 
	
(iii)
	
without Executive’s prior written agreement, Executive’s principal place of business is moved to a location that is more than fifty (50) miles from Company’s offices located in Pittsburgh, Pennsylvania.

4.4.2In the event of the occurrence of a Constructive Discharge, Executive shall have the right to terminate Executive’s employment hereunder and receive the benefits set forth in Section 4.5.1 below, upon delivery of written notice to Company no later than the close of business on the sixtieth (60th) day following the effective date of the Constructive Discharge; provided, however, that such termination shall not be effective until the expiration of thirty (30) days after receipt by Company of such written notice if Company has not cured such Constructive Discharge within the thirty (30)-day period.  If Company so effects a cure, the Constructive Discharge notice shall be deemed rescinded and of no force or effect.  Notwithstanding the foregoing, such notice and lapse of time shall not be required with respect to any event or circumstance which is the same or substantially the same as an event or circumstance with respect to which notice and an opportunity to cure has been given within the previous six (6) months.  The Termination Date of a Constructive Discharge shall be the date of the Executive’s “separation from service” (within the meaning of Treas. Reg. Section 1.409A-1(h)).

	
 
	
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4.5Rights upon Termination.  Upon termination of Executive’s employment and the Employment Period, the following shall apply:

4.5.1Termination by Company Without Cause or for Constructive Discharge.  If Company terminates Executive’s employment and the Employment Period without Cause, or if Executive terminates Executive’s employment and the Employment Period as a result of a Constructive Discharge, in each case either (x) prior to a Change of Control, or (y) after the second anniversary of a Change of Control, Executive shall be entitled to receive payment of any Base Salary amounts that have accrued but have not been paid as of the Termination Date, the unpaid Performance Bonus, if any, with respect to the calendar year preceding the calendar year in which the Termination Date occurs (such Performance Bonus, if any, to be determined in the manner that it would have been determined, and payable at the time it would have been payable, under Section 3.2 had there been no termination of the Employment Period), reimbursement of business expenses properly incurred prior to termination, and any benefits, including conversion and continuation rights, provided upon termination of employment under the Company’s employee benefit plans and policies (not including any severance, separation pay, or supplemental unemployment benefit plan) in accordance with the terms of such plans and policies (collectively the “Accrued Obligations”).   In addition, subject to Sections 4.5.2 and 4.7, below, Company shall, subject to Section 7.14, be obligated to pay Executive (or provide Executive with) the following benefits as severance:

	
 
	
(i)
	
an amount equal to Executive’s Base Salary plus Executive’s Target Performance Bonus, payable in twelve (12) equal monthly installments commencing on the Termination Date, such amount to be payable regardless of whether Executive obtains other employment and is compensated therefor (but only so long as Executive is not in violation of Section 5 hereof) (with the first two installments to be paid on the sixtieth (60th) day following the Termination Date and the remaining ten (10) installments being paid on the ten (10) following monthly anniversaries of such date); 

	
 
	
(ii)
	
continuation of Executive’s then current enrollment (including family enrollment, if applicable) in all health and/or dental insurance benefits set forth in Section 3.3.2 for a period of twelve (12) months following the Termination Date, with Executive’s contribution to such plans as if Executive were employed by Company, such contributions to be paid by Executive in the same period (e.g., monthly, bi-weekly, etc.) as all other employees of Company (but deductions from Executive’s monthly severance payments may be deemed acceptable for this purpose in the discretion of Company); provided, however that Company may terminate such coverage if payment from Executive is not made within the COBRA grace period or ten (10) days of the date on which Executive receives written notice from Company that such payment is due, whichever period ends later; and provided, further, that such benefits may be discontinued earlier to the extent that Executive becomes entitled to comparable benefits from a subsequent employer; in addition, this benefit is contingent upon timely 

	
 
	
6
	
 

 

 

	
 
		
election of COBRA continuation coverage and will run concurrent with the COBRA period; and

	
 
	
(iii)
	
subject to the terms of any equity award that may exclude special vesting treatment upon a resignation for Constructive Discharge, upon the sixtieth (60th) day following the Termination Date (or, for awards subject to the satisfaction of a performance condition, subject to the satisfaction of such performance condition and upon the satisfaction of such performance condition (but no earlier than the sixtieth (60th) day following the Termination Date), and based on the level of performance achieved) a portion of any unvested stock option, restricted stock unit or other equity award granted to Executive shall vest, which portion shall be the number of shares equal to (a) plus (b) (such sum not to exceed the number of shares that result in the full vesting of any such award) as follows: 

(a)  the number of shares that would have vested to Executive per the applicable award as of the one-year anniversary of the Termination Date had Executive remained continuously employed by Company through such date; plus 

(b)  the number of shares resulting from the following formula:  (x) the number of shares of such award that would vest on the next vesting date of such award immediately following the Termination Date, multiplied by (y) a fraction, the numerator of which is the number of days elapsed since the last vesting date of such award (or the grant date, if no portion of such award has yet vested), and the denominator of which is the number of days between the last vesting date (or grant date, as the case may be) and the next vesting date. 

4.5.2Severance Upon Termination following a Change of Control.

	
 
	
(i)
	
If, within the period beginning on the date of a Change of Control through the second anniversary of the Change of Control, Executive terminates Executive’s employment and the Employment Period pursuant to Section 4.4 or Company terminates Executive’s employment pursuant to Section 4.3, then Executive shall, subject to Sections 4.7 and 7.14, receive the payment and benefits provided in Section 4.5.1; provided, however, that (A) in place of the twelve (12) monthly payments provided for in Section 4.5.1(i), Executive shall receive a lump sum amount of cash equal to two (2) times the sum of (x) Executive’s Base Salary plus (y) Executive’s Target Performance Bonus, with such lump sum paid on the sixtieth (60th) day following the Termination Date, and (B) in place of the equity vesting provided for in Section 4.5.1(iii), all unvested equity awards held by Executive shall vest upon the Termination Date.

	
 
	
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(ii)
	
Anything in this Agreement to the contrary notwithstanding, if (A) a Change of Control occurs, (B) Executive’s employment with Company is terminated by Company without Cause or if Executive terminates her employment as a result of a Constructive Discharge, in either case within one hundred eighty (180) days prior to the date on which the Change of Control occurs, and (C) it is reasonably demonstrated by Executive that such termination of employment or events constituting Constructive Discharge was (x) at the request of a third party who had taken steps reasonably calculated to effect a Change of Control or (y) otherwise arose in connection with or in anticipation of a Change of Control, then for all purposes of this Agreement such Change of Control shall be deemed to have occurred during the Employment Period and the Termination Date shall be deemed to have occurred after the Change of Control, so that Executive is entitled to the vesting and other benefits provided by this Section 4.5.2.  If Executive is entitled to additional vesting of any equity awards that were cancelled as a result of Executive’s termination of employment prior to the Change of Control, Company or its successor shall deliver to Executive the consideration Executive would have received in the Change of Control had the cancelled equity awards been outstanding and vested at the time of the Change of Control.  Any additional amounts due Executive as a result of the application of this paragraph to a termination prior to a Change of Control shall be paid to Executive under this Section 4.5.2. in a lump sum on the sixtieth (60th) day following the Change of Control.

	
 
	
(iii)
	
For purposes of this Agreement, a “Change of Control” shall mean any one of the following events following the Effective Date:

(a)the date of acquisition by any person or group other than Company or any subsidiary of Company (and other than any employee benefit plans (or related trust) of Company or any of its subsidiaries) of beneficial ownership of securities possessing more than thirty percent (30%) of the total combined voting power of Company’s then outstanding voting securities which generally entitle the holder thereof to vote for the election of directors (“Voting Power”), provided, however, that no Change of Control shall be deemed to have occurred solely by reason of any such acquisition by a corporation with respect to which, after such acquisition, more than sixty percent (60%) of the then outstanding shares of common stock of such corporation and the Voting Power of such corporation are then beneficially owned, directly or indirectly, by the persons who were the beneficial owners of the stock and Voting Power of Company immediately before such acquisition, in substantially the same proportions as their ownership immediately before such acquisition; or

(b)the date the individuals who constitute the Board as of immediately following the Effective Date (the “Incumbent Board”) cease for any reason other than their deaths to constitute at least a majority of the Board; provided that any individual who becomes a director after the Effective Date whose election or nomination for election by Company’s stockholders was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered, for purposes of this Section, as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of 

	
 
	
8
	
 

 

 

office is in connection with an actual or threatened election contest relating to the election of the directors of Company (as such terms are used in Rule 14a-11 under the 1934 Act (defined below)); or

(c)Company effects (A) a merger or consolidation of Company with one or more corporations or entities, as a result of which the holders of the outstanding Voting Stock of Company immediately prior to such merger, reorganization or consolidation hold less than 50% of the Voting Power of the surviving or resulting corporation or entity immediately after such merger or consolidation; (B) a liquidation or dissolution of Company; or (C) a sale or other disposition of all or substantially all of the assets of Company other than to an entity of which Company owns at least 50% of the Voting Power.

For purposes of the foregoing definition, the terms “beneficially owned” and “beneficial ownership” and “person” shall have the meanings ascribed to them in SEC rules 13d-5(b) under the 1934 Act, and “group” means two or more persons acting together in such a way to be deemed a person for purposes of Section 13(d) of the 1934 Act.  Further, notwithstanding anything herein to the contrary, the definition of Change of Control set forth herein shall not be broader than the definition of “change in control event” as set forth under Section 409A of the Code, and the guidance promulgated thereunder, and if a transaction or event does not otherwise fall within such definition of change in control event, it shall not be deemed a Change of Control for purposes of this Agreement.

4.5.3Termination With Cause by Company or Without Constructive Discharge by Executive.  If Company terminates Executive’s employment and the Employment Period with Cause, or if Executive terminates Executive’s employment and the Employment Period other than as a result of a Constructive Discharge, Company shall be obligated to pay Executive only the Accrued Obligations.

4.5.4Termination Upon Death or Disability.  If Executive’s employment and the Employment Period are terminated because of the death or disability of Executive, Company shall, subject to Section 7.14, be obligated to pay Executive or, if applicable, Executive’s estate, the Accrued Obligations.

4.6Effect of Notice of Termination.  Any notice of termination by Company, whether for Cause or without Cause, may specify that, during the notice period, Executive need not attend to any business on behalf of Company.

4.7Requirement of a Release; Exclusivity of Severance Payments under this Agreement.  As a condition to the receipt of the severance payments and termination benefits (but not the Accrued Obligations) to be provided to Executive pursuant to this Section 4 upon termination of Executive’s employment, Executive shall execute and deliver to Company (without revoking) a general release of claims against Company and its affiliates in a form reasonably satisfactory to Company within forty-five (45) days following the Termination Date (provided, that Executive shall not be required to release any rights under this Agreement or any right to indemnification, advance of expenses or insurance coverage, and shall not be subject to any restrictive covenants in excess of those contained in Section 5 of this Agreement).  In addition, the severance payments and termination benefits to be provided to Executive pursuant to this Section 4 

	
 
	
9
	
 

 

 

upon termination of Executive’s employment shall constitute the exclusive payments in the nature of severance or termination pay or salary continuation which shall be due to Executive upon a termination of employment and shall be in lieu of any other such payments under any severance plan, program, policy or other arrangement which has heretofore been or shall hereafter be established by Company or any of its affiliates.

5.Restrictive Covenants.

The growth and development of Company and its affiliates and subsidiaries (collectively, “Allscripts”) depends to a significant degree on the possession and protection of its customer list, customer information and other confidential and proprietary information relating to Allscripts’ products, services, methods, pricing, costs, research and development and marketing.  All Allscripts employees and others engaged to perform services for Allscripts have a common interest and responsibility in seeing that such customer information and other confidential information is not disclosed to any unauthorized persons or used other than for Allscripts’ benefit.  This Section 5 expresses a common understanding concerning Company’s and Executive’s mutual responsibilities. Therefore, in consideration for Company’s agreement to employ Executive and grant Executive access to its confidential information and customer relationships, and for other good and valuable consideration from Company, including, without limitation, compensation, benefits, raises, bonus payments or promotions, the receipt and sufficiency of which are hereby acknowledged, Executive covenants and agrees as follows, which covenant and agreement is essential to this Agreement and Executive’s employment with Company:

5.1Non-Solicitation; No-Hire.  Executive acknowledges that Allscripts has near permanent relationships with, and a proprietary interest in the identity of, its customers and their particular needs and requirements; and that documents and information regarding Allscripts’ pricing, sales, costs and specialized requirements of Allscripts’ customers are highly confidential and constitute trade secrets.  Accordingly, Executive covenants and agrees that during the Employment Period and for a period of twelve (12) months after the Termination Date, regardless of the reason for such termination, Executive will not, except on behalf of Allscripts during and within the authorized scope of Executive’s employment with Allscripts, directly or indirectly:  (i) call on, solicit or otherwise deal with any accounts, customers or prospects of Allscripts which Executive called upon, contacted, solicited, sold to, or about which Executive learned Confidential Information (as defined herein) while employed by Allscripts, for the purpose of soliciting, selling and/or providing, to any such account, customer or prospect, any products or services similar to or in competition with any products or services then-being represented or sold by Allscripts; and (ii) solicit, or accept if offered to Executive, with or without solicitation, the services of any person who is an employee of Allscripts, nor solicit any employee of Allscripts to terminate employment with Allscripts, nor agree to hire on behalf of Executive or any entity or other person any employee of Allscripts into employment with Executive or any other person or entity.  Executive agrees not to solicit, directly or indirectly, such accounts, customers, prospects or employees for Executive or for any other person or entity.  For purposes of this paragraph, “prospects” means entities or individuals which have had more than de minimus contact with Allscripts in the context of entering into a relationship with Allscripts being a provider of products or services to such entity or individual.

	
 
	
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5.2Non-Interference with Business Relationships.  Executive covenants and agrees that during the Employment Period and for a period of twelve (12) months after the Termination Date, regardless of the reason for such termination, Executive will not interact with any person or entity with which Allscripts has a business relationship, or with which Allscripts is preparing to have a business relationship, with the intent of affecting such relationship or intended relationship in a manner adverse to Allscripts.

5.3Non-Competition.  Executive agrees that during the Employment Period and for a period of twelve (12) months after the Termination Date, regardless of the reason for such termination, Executive shall not, directly or indirectly, for Executive’s own benefit or for the benefit of others, render services for a Competing Organization in connection with Competing Products or Services anywhere within the Restricted Territory.  These prohibitions apply regardless of where such services physically are rendered.

For purposes of this Agreement, “Competing Products or Services” means products, processes, or services of any person or organization other than Allscripts, in existence or under development, which are substantially the same, may be substituted for, or applied to substantially the same end use as any product, process, or service of Allscripts with which Executive works or worked during the time of Executive’s employment with Allscripts or about which Executive acquires or acquired Confidential Information through Executive’s work with Allscripts.

For purposes of this Agreement, “Competing Organization” means persons or organizations, including Executive, engaged in, or about to become engaged in research or development, production, distribution, marketing, providing or selling of a Competing Product or Service.

For purposes of this Agreement, the terms Competing Products or Services and Competing Organization do not include (i) hospitals or health systems and (ii) consulting companies.  

For purposes of this Agreement, “Restricted Territory” means either:  (i) during Executive's employment with Allscripts, anywhere in the world; or (ii) after cessation of Executive's employment with Allscripts, then, in descending order of preference based on legal enforceability, (A) within the United States (including its territories) and within each country in which Allscripts has conducted business or directed material resources in soliciting business in the prior twenty-four (24) month period, (B) within the United States (including its territories) and within any other country that at any time was within the scope of Executive's employment with Allscripts, (C) within any country that at any time during the last two (2) years of Executive's employment with Allscripts was within the scope of such employment, or (D) within any geographic region(s) that at any time during the last two (2) years of Executive's employment with Allscripts was within the scope of such employment.  Executive agrees that in the event a court determines the length of time or the geographic area or activities prohibited under this Section 5 are too restrictive to be enforceable, the court may reduce the scope of the restriction to the extent necessary to make the restriction enforceable.

5.4Reasonableness of Restriction.  Executive acknowledges that the foregoing non-solicitation, non-competition and non-interference restrictions placed upon Executive are necessary and reasonable to avoid the improper disclosure or use of Confidential Information, and 

	
 
	
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that it has been made clear to Executive that Executive’s compliance with Section 5 of this Agreement is a material condition to Executive’s employment by Company.  Executive further acknowledges and agrees that, if Executive breaches any of the requirements of Section 5.1, 5.2 or 5.3, the twelve (12) month restricted period set forth therein shall be tolled during the time of such breach.

Executive further acknowledges and agrees that Allscripts has attempted to impose the restrictions contained hereunder only to the extent necessary to protect Allscripts from unfair competition and the unauthorized use or disclosure of Confidential Information.  However, should the scope or enforceability of any restrictive covenant be disputed at any time, Executive specifically agrees that a court may modify or enforce the covenant to the full extent it believes to be reasonable under the circumstances existing at the time.

5.5Non-Disclosure.  Executive further agrees that, other than as needed to fulfill the authorized scope of Executive’s duties with Allscripts, Executive will not during the Employment Period or thereafter use for herself or for others or divulge or convey to any other person (except those persons designated by Allscripts) any Confidential Information obtained by Executive during the period of Executive’s employment with Allscripts.  Executive agrees to observe all Company policies and procedures concerning such Confidential Information.  Executive agrees that, except as may be permitted by written Company policies, Executive will not remove from Company’s premises any of such Confidential Information without the written authorization of Company.  Executive’s obligations under this Agreement will continue with respect to Confidential Information until such information becomes generally available from public sources through no fault of Executive’s.  During the Employment Period and thereafter Executive shall not disclose to any person the terms and conditions of Executive’s employment by Allscripts, except:  (i) to close family members, (ii) to legal and accounting professionals who require the information to provide a service to Executive, (iii) as required by law (iv) in order to inform a prospective or actual subsequent employer of Executive’s duties and obligations under this Agreement or (v) if the terms of Executive’s employment are disclosed by the Company pursuant to applicable securities laws.  If Executive is requested, becomes legally compelled by subpoena or otherwise, or is required by a regulatory body to make any disclosure that is prohibited by this Section 5.5, Executive will promptly notify Company so that Allscripts may seek a protective order or other appropriate remedy if Allscripts deems such protection or remedy necessary under the circumstances.  Subject to the foregoing, Executive may furnish only that portion of Confidential Information that Executive is legally compelled or required to disclose.  The restrictions set forth herein are in addition to and not in lieu of any obligations Executive may have by law with respect to Confidential Information, including any obligations Executive may have under the Uniform Trade Secrets Act and/or similar statutes as applicable in the state of Executive’s residence and/or the state of Executive’s primary work location.

5.6Definition of Confidential Information.  As used herein, “Confidential Information” shall include, but is not limited to, the following categories of information, knowledge, or data currently known or later developed or acquired relating to Allscripts’ business or received by Allscripts in confidence from or about third parties, in each case when the same is not in the public domain or otherwise publicly available (other than as result of a wrongful act of an agent or employee of Allscripts):

	
 
	
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5.6.1Any information concerning Allscripts’ products, business, business relationships, business plans or strategies, marketing plans, contract provisions, actual or prospective suppliers or vendors, services, actual or anticipated research or development, new product development, inventions, prototypes, models, solutions, discussion guides, documentation, techniques, actual or planned patent applications, technological or engineering data, formulae, processes, designs, production plans or methods, or any related technical or manufacturing know-how or other information;

5.6.2Any information concerning Allscripts’ financial or profit data, pricing or cost formulas, margins, marketing information, sales representative or distributor lists, or any information relating to corporate developments (including possible acquisitions or divestitures);

5.6.3Any information concerning Allscripts’ current or prospective customer lists or arrangements, equipment or methods used or preferred by Allscripts’ customers, or the patients of customers;

5.6.4Any information concerning Allscripts’ use of computer software, source code, object code, or algorithms or architecture retained in or related to Allscripts’ computer or computer systems;

5.6.5Any personal or performance information about any Allscripts’ employee;

5.6.6Any information supplied to or acquired by Allscripts under an obligation to keep such information confidential, including without limitation Protected Health Information (PHI) as that term is defined by the Health Insurance Portability and Accountability Act (HIPAA);

5.6.7Any information, whether or not designated as confidential, obtained or observed by Executive or other Allscripts employees during training sessions related to Executive’s work for Allscripts; and

5.6.8Any other information treated as trade secrets or otherwise confidential by Allscripts.

Executive hereby acknowledges that some of this information may not be a “trade secret” under applicable law.  Nevertheless, Executive agrees not to disclose it.  Nothing in this Agreement shall be construed to prevent disclosure of Confidential Information as may be required by applicable law or regulation, or pursuant to the valid order of a court of competent jurisdiction or an authorized government agency, provided that the disclosure does not exceed the extent of disclosure required by such law, regulation or order.  Executive shall promptly provide written notice of any such order to an authorized officer of the Company.  Nothing in this Agreement prohibits or restricts Executive (or Executive’s attorney) from initiating communications directly with, responding to an inquiry from, or providing testimony before the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), any other self-regulatory organization or any other federal or state regulatory authority regarding a possible securities law violation.

5.7Inventions, Discoveries, and Work for Hire.  Executive recognizes and agrees that all ideas, works of authorship, inventions, patents, copyrights, designs, processes (e.g., 

	
 
	
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development processes), methodologies (e.g., development methodologies), machines, manufactures, compositions of matter, enhancements, and other developments or improvements and any derivative works based thereon, including, without limitation, potential marketing and sales relationships, research, plans for products or services, marketing plans, computer software (including source code and object code), computer programs, original works of authorship, characters, know-how, trade secrets, information, data, developments, discoveries, improvements, modifications, technology and algorithms, whether or not subject to patent or copyright protection (the “Inventions”) that (i) were made, conceived, developed, authored or created by Executive, alone or with others, during the time of Executive’s employment, whether or not during working hours, that relate to the business of Allscripts or to the actual or demonstrably anticipated research or development of Allscripts, (ii) were used by Executive or other personnel of Allscripts during the time of Executive’s employment, even if such Inventions were made, conceived, developed, authored or created by Executive prior to the start of Executive’s employment, (iii) are made, conceived, developed, authored or created by Executive, alone or with others, within two (2) years from the Termination Date and that relate to the business of Allscripts or to the actual or demonstrably anticipated research or development of Allscripts, or (iv) result from any work performed by Executive for Allscripts, (collectively with (i)-(iii), the “Company Inventions”) are the sole and exclusive property of Company.  

Notwithstanding the foregoing, Company Inventions do not include any Inventions made, conceived, developed, authored or created by Executive, alone or with others, for which no equipment, supplies, facility or trade secret information of Allscripts was used and which were developed entirely on Executive’s own time, unless (1) the Invention relates (A) to the business of Allscripts, or (B) to the actual or demonstrably anticipated research or development of Allscripts, or (2) the Company Invention results from any work performed by Executive for Allscripts.

For the avoidance of doubt, Executive expressly disclaims any and all right title and interest in and to all Company Inventions.  Executive acknowledges that Executive has and shall forever have no right, title or interest in or to any patents, copyrights, trademarks, industrial designs or other rights in connection with any Company Inventions.

Executive hereby assigns to Company all present and future right, title and interest Executive has or may have in and to the Company Inventions.  Executive further agrees that (i) Executive will promptly disclose all Company Inventions to Allscripts; and (ii) all of the Company Inventions, to the extent protectable under copyright laws, are “works made for hire” as that term is defined by the Copyright Act, 17 U.S.C. § 101, et seq.  

At the request of and without charge to Company, Executive will do all things deemed by Company to be reasonably necessary to perfect title to the Company Inventions in Company and to assist in obtaining for Company such patents, copyrights or other protection in connection therewith as may be provided under law and desired by Company, including but not limited to executing and signing any and all relevant applications, assignments, or other instruments.  Executive further agrees to provide, at Company’ request, declarations or affidavits and to give testimony, in depositions, hearings or trials, in support of inventorship.  These obligations continue even after the Termination Date.  Company agrees that Executive will be reimbursed for reasonable expenses incurred in providing such assistance to Company.  In the event Company is unable, after reasonable effort, to secure Executive’s signature on any document or documents 

	
 
	
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needed to apply for or prosecute any patent, copyright or other right or protection relating to any Company Invention, for any reason whatsoever, Executive hereby irrevocably designates and appoints Company and its duly authorized officers and agents as Executive’s agent and attorney-in-fact to act for and on Executive’s behalf to execute and file any such application or other document and to do all other lawfully permitted acts to further the prosecution and issuance of patents, copyrights, or similar protections thereon with the same legal force and effect as if executed by Executive.  

For purposes of this Agreement, a Company Invention shall be deemed to have been made during Executive’s employment if, during such period, the Company Invention was conceived, in part or in whole, or first actually reduced to practice or fixed in a tangible medium during Executive’s employment with Company.  Executive further agrees and acknowledges that any patent or copyright application filed within one (1) year after the Termination Date shall be presumed to relate to a Company Invention made during the term of Executive’s employment unless Executive can provide evidence to the contrary.

5.8Prior Employment.  Executive hereby agrees that during the course and scope of the employment relationship with Company, Executive shall neither disclose nor use any confidential information, invention, or work of authorship derived from, developed or obtained in any prior employment relationship, and understands that any such disclosure or use would be injurious to the economic and legal interests of Company.  Executive represents she has informed Company of, and provided Company with copies of, any non-competition, non-solicitation, confidentiality, work-for-hire or similar agreements with her prior employers to which Executive is subject or may be bound.  Executive further represents and agrees that, if any prior employer commences any legal proceeding in connection with any restrictive covenant, non-solicitation, non-disclosure, or non-competition agreement, Executive shall be entirely responsible for her own legal fees in connection with the defense of same .

5.9Return of Data.  In the event of the termination of Executive’s employment with Company for any reason whatsoever, Executive agrees to deliver promptly to Company all formulas, correspondence, reports, computer programs and similar items, customer lists, marketing and sales data and all other materials pertaining to Confidential Information, and all copies thereof, obtained by Executive during the period of Executive’s employment with Company which are in Executive’s possession or under her control.  Executive further agrees that she will not make or retain any copies of any of the foregoing and will so represent to Company upon termination of her employment.

5.10Non-Disparagement.  Executive agrees that during the Employment Period and for a period of twenty-four (24) months thereafter, Executive will not make any statement, nor imply any meaning through Executive's action or inaction, if such statement or implication would be adverse to the interests of Allscripts, its customers or its vendors or may reasonably cause any of the foregoing embarrassment or humiliation; nor will Executive otherwise cause or contribute to any of the foregoing being held in disrepute by the public or any other Allscripts customer(s), vendor(s) or employee(s).  Company agrees that its executive officers and directors shall not make any adverse or disparaging comments about Executive which may tend to impugn or injure Executive’s reputation and, upon Company having knowledge that an officer of the Company is making adverse or disparaging comments about Executive which may tend to impugn or injure 

	
 
	
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Executive’s reputation, the Company shall promptly instruct such officer to cease making such comments. The restrictions of this Section 5.10 shall apply to, but are not limited to, communication via the Internet, any intranet, or other electronic means, such as social media web sites, electronic bulletin boards, blogs, email messages, text messages or any other electronic message.  Nothing in this Section 5.10 is intended to prohibit, limit or prevent Executive or Company’s officers or directors from providing truthful testimony in a court of law, to a regulatory or law enforcement agency or pursuant to a properly issued subpoena, and such testimony would not be deemed to be a violation of this Section 5.10. 

5.11Injunctive Relief and Additional Remedies for Breach.  Executive further expressly acknowledges and agrees that any breach or threatened breach of the provisions of this Section 5 shall entitle Allscripts, in addition to any other legal remedies available to it, to obtain injunctive relief, to prevent any violation of this Section 5 without the necessity of Allscripts posting bond or furnishing other security and without proving special damages or irreparable injury.  Executive recognizes, acknowledges and agrees that such injunctive relief is necessary to protect Allscripts’ interest.  Executive understands that in addition to any other remedies available to Allscripts at law or in equity or under this Agreement for violation of this Agreement, other agreements or compensatory or benefit arrangements Executive has with Allscripts may include provisions that specify certain consequences thereunder that will result from Executive’s violation of this Agreement, which consequences may include repaying Allscripts or foregoing certain equity awards or monies, and any such consequences shall not be considered by Executive or any trier of fact as a forfeiture, penalty, duplicative remedy or exclusive remedy.  Notwithstanding Section 7.9, the exclusive venue for any action for injunctive or declaratory relief with respect to this Section 5 shall be the state or federal courts located in Cook County, Illinois.  Company and Executive hereby irrevocably consent to any such courts’ exercise of jurisdiction over them for such purpose.

5.12Notification to Third Parties.  Company may, at any time during or after the termination of Executive’s employment with Company, notify any person, corporation, partnership or other business entity employing or engaging Executive or evidencing an intention to employ or engage Executive as to the existence and provisions of this Agreement.

6.No Set-Off or Mitigation.

Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which Company may have against Executive or others. In no event shall Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Executive under any of the provisions of this Agreement and, except as otherwise provided herein, such amounts shall not be reduced whether or not Executive obtains other employment.

7.Miscellaneous.

7.1Valid Obligation.  This Agreement has been duly authorized, executed and delivered by Company and has been duly executed and delivered by Executive and is a legal, valid and binding obligation of Company and of Executive, enforceable in accordance with its terms.

	
 
	
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7.2No Conflicts.  Executive represents and warrants that the performance by Executive of Executive’s duties hereunder will not violate, conflict with, or result in a breach of any provision of any agreement to which Executive is a party.

7.3Applicable Law.  This Agreement shall be construed in accordance with the laws of the State of Illinois, without reference to Illinois’ choice of law statutes or decisions.

7.4Severability.  The provisions of this Agreement shall be deemed severable, and the invalidity or unenforceability of any one or more of the provisions hereof shall not affect the validity or enforceability of any other provision.  In the event any clause of this Agreement is deemed to be invalid, the parties shall endeavor to modify that clause in a manner which carries out the intent of the parties in executing this Agreement.

7.5No Waiver.  The waiver of a breach of any provision of this Agreement by any party shall not be deemed or held to be a continuing waiver of such breach or a waiver of any subsequent breach of any provision of this Agreement or as nullifying the effectiveness of such provision, unless agreed to in writing by the parties.

7.6Notices.  All demands, notices, requests, consents and other communications required or permitted under this Agreement shall be in writing and shall be personally delivered or sent by facsimile machine (with a confirmation copy sent by one of the other methods authorized in this Section), or by commercial overnight delivery service, to the parties at the addresses set forth below: 

	
 
	
To Company:
	
Allscripts Healthcare Solutions, Inc.
222 Merchandise Mart Plaza 
Suite 2024 
Chicago, IL 60654
Attention:  Chief Executive Officer

	
 
	
To Executive:
	
At the address and/or fax number most recently 
contained in Company’s records 

Notices shall be deemed given upon the earliest to occur of (i) receipt by the party to whom such notice is directed, if hand delivered; (ii) if sent by facsimile machine, on the day (other than a Saturday, Sunday or legal holiday in the jurisdiction to which such notice is directed) such notice is sent if sent (as evidenced by the facsimile confirmed receipt) prior to 5:00 p.m. Central Time and, if sent after 5:00 p.m. Central Time, on the day (other than a Saturday, Sunday or legal holiday in the jurisdiction to which such notice is directed) after which such notice is sent; or (iii) on the first business day (other than a Saturday, Sunday or legal holiday in the jurisdiction to which such notice is directed) following the day the same is deposited with the commercial carrier if sent by commercial overnight delivery service.  Each party, by notice duly given in accordance therewith, may specify a different address for the giving of any notice hereunder.

7.7Assignment of Agreement.  This Agreement shall be binding upon and inure to the benefit of Executive and Company, their respective successors and permitted assigns and Executive’s heirs and personal representatives.  Neither party may assign any rights or obligations hereunder to any person or entity without the prior written consent of the other party; provided, 

	
 
	
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however, that Company may assign its rights or obligations hereunder to a wholly owned subsidiary of Company without the prior consent of Executive and further provided that, in the event of such assignment, the Company hereby unconditionally and irrevocably guarantees to the Executive, by way of its own independent obligation, the full and prompt fulfilment of the Company’s obligations to Executive under this Agreement. This Agreement shall be personal to Executive for all purposes.

7.8Entire Agreement; Amendments.  Except as otherwise provided herein, this Agreement contains the entire understanding between the parties, and there are no other agreements or understandings between the parties with respect to Executive’s employment by Company and Executive’s obligations thereto.  Executive acknowledges that Executive is not relying upon any representations or warranties concerning Executive’s employment by Company except as expressly set forth herein.  No amendment or modification to the Agreement shall be valid except by a subsequent written instrument executed by the parties hereto.

7.9Dispute Resolution and Arbitration.  The following procedures shall be used in the resolution of disputes:

7.9.1Dispute.  In the event of any dispute or disagreement between the parties under this Agreement (excluding an action for injunctive or declaratory relief as provided in Section 5.11), the disputing party shall provide written notice to the other party that such dispute exists.  The parties will then make a good faith effort to resolve the dispute or disagreement.  If the dispute is not resolved upon the expiration of fifteen (15) days from the date a party receives such notice of dispute, the entire matter shall then be submitted to arbitration as set forth in Section 7.9.2.

7.9.2Arbitration.  If the dispute or disagreement between the parties has not been resolved in accordance with the provisions of Section 7.9.1 above, then any such controversy or claim arising out of or relating to this Agreement, or the breach thereof, shall be settled by arbitration to be held in Chicago, Illinois, in accordance with the rules of the American Arbitration Association then in effect.  Any decision rendered herein shall be final and binding on each of the parties and judgment may be entered thereon in the appropriate state or federal court.  The arbitrators shall be bound to strict interpretation and observation of the terms of this Agreement.  Company shall pay the costs of arbitration.

7.10Survival.  For avoidance of doubt, the provisions of Sections 4.5, 5, 6 and 7 of this Agreement shall survive the expiration or earlier termination of the Employment Period.

7.11Headings.  Section headings used in this Agreement are for convenience of reference only and shall not be used to construe the meaning of any provision of this Agreement.

7.12Counterparts.  This Agreement may be executed in counterparts, each of which shall be deemed an original, but both of which together shall constitute one and the same instrument.  Signatures delivered via facsimile or electronic file shall be the same as original signatures.

	
 
	
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7.13Taxes.  Executive shall be solely responsible for taxes imposed on Executive by reason of any compensation and benefits provided under this Agreement and all such compensation and benefits shall be subject to applicable withholding.

7.14Internal Revenue Code Section 409A.  

7.14.1It is intended that this Agreement will comply with Internal Revenue Code Section 409A and any regulations and guidelines issued thereunder (collectively “Section 409A”) to the extent this Agreement is subject thereto.  This Agreement shall be interpreted on a basis consistent with such intent.

7.14.2If any payments or benefits provided to Executive by Company, either per this Agreement or otherwise, are non-qualified deferred compensation subject to, and not exempt from, Section 409A (“Subject Payments”), the following provisions shall apply to such payments and/or benefits:

	
 
	
(i)
	
For payments and benefits triggered by termination of employment, reference to Executive’s “termination of employment” (and corollary terms) with Company shall be construed to refer to Executive’s “separation from service” from Company (with such phrase determined under Treas. Reg. Section 1.409A-1(h), as uniformly applied by Company) in tandem with Executive’s termination of employment with Company.

	
 
	
(ii)
	
If Executive is deemed on the date of Executive’s “separation from service” to be a “specified employee” (within the meaning of Treas. Reg. Section 1.409A-l(i)), then with regard to any payment that is required to be delayed pursuant to Code Section 409A(a)(2)(B) (the “Delayed Payments”), such payment shall not be made prior to the earlier of (i) the expiration of the six (6)-month period measured from the date of Executive’s “separation from service” and (ii) the date of Executive’s death.  Any payments other than the Delayed Payments shall be paid in accordance with the normal payment dates specified herein.  In no case will the delay of any of the Delayed Payments by Company constitute a breach of Company’s obligations to Executive.

	
 
	
(iii)
	
If the sixty (60)-day period following a “separation from service” begins in one calendar year and ends in a second calendar year (a “Crossover 60-Day Period”) and if there are any Subject Payments due Executive that are:  (i) conditioned on Executive signing and not revoking a release of claims and (ii) otherwise due to be paid during the portion of the Crossover 60-Day Period that falls within the first year, then such payments will be delayed and paid in a lump sum during the portion of the Crossover 60-Day Period that falls within the second year.

	
 
	
(iv)
	
Lump-sum severance payments shall be made, and installment severance payments initiated, within sixty (60) days following Executive’s “separation from service”.  

	
 
	
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(v)
	
The Executive’s right to receive installment payments pursuant to this Agreement shall be treated as a right to receive a series of separate and distinct payments.  

	
 
	
(vi)
	
Whenever a payment under this Agreement specifies a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the sole discretion of Company.  

	
 
	
(vii)
	
Notwithstanding any other provision of this Agreement to the contrary, in no event shall any Subject Payment be subject to offset by any other amount unless otherwise permitted by Section 409A.

	
 
	
(viii)
	
Notwithstanding anything herein to the contrary, in regard to Subject Payments, the definition of Change in Control set forth herein shall not be broader than the definition of “change in control event” as set forth under Section 409A, and if a transaction or event does not otherwise fall within such definition of change of control event, it shall not be deemed a Change in Control.

	
 
	
(ix)
	
To the extent that any reimbursement or in-kind benefits are Subject Payments: (x) the amount eligible for reimbursement or in-kind benefit in one calendar year may not affect the amount eligible for reimbursement or in-kind benefit in any other calendar year (except that a plan providing medical or health benefits may impose a generally applicable limit on the amount that may be reimbursed or paid), (y) the right to reimbursement or an in-kind benefit is not subject to liquidation or exchange for another benefit, and (z) subject to any shorter time periods provided herein, any such reimbursement of an expense or in-kind benefit must be made on or before the last day of the calendar year following the calendar year in which the expense was incurred.

7.14.3If an amendment of this Agreement is necessary in order for it to comply with Section 409A, the parties hereto will negotiate in good faith to amend this Agreement in a manner that preserves the original intent of the parties to the extent reasonably possible.  No action or failure by Company in good faith to act, pursuant to this Section 7.14, shall subject Company to any claim, liability, or expense, and Company shall not have any obligation to indemnify or otherwise protect Executive from the obligation to pay any taxes pursuant to Section 409A.

7.15Payment by Subsidiaries.  Executive acknowledges and agrees that Company may satisfy its obligations to make payments to Executive under this Agreement by causing one or more of its subsidiaries to make such payments to Executive.  Executive agrees that any such payment made by any such subsidiary shall fully satisfy and discharge Company’s obligation to make such payment to Executive hereunder (but only to the extent of such payment).

Signature page follows.

 

	
 
	
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[Signature page to Employment Agreement]

IN WITNESS WHEREOF, the parties have executed this Agreement as of the Signing Date.

	
 
	
EXECUTIVE

/s/ LISA KHOREY
Lisa Khorey 

	
 
	
ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.

/s/ BRIAN FARLEY
By:  Brian Farley
Title:  SVP, General Counsel & Secretary

	
 
	
 

 

 

	
 
	
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