Document:

Consent to Amendment to Credit Agreement

 EXHIBIT 10.5 

Execution Copy 
 March 19,
2010 
 HD Supply, Inc. 
 3100
Cumberland Blvd., Suite 1480 
 Atlanta, Georgia 30339 

Attention: General Counsel 

Re: Guarantee and Reimbursement Agreement, dated as of August 30, 2007 (as amended, supplemented or otherwise modified from time
to time, the “THD Guarantee”), among The Home Depot, Inc., a Delaware corporation (“we” or “THD”), HD Supply Inc., a Delaware corporation (“you” or the “Borrower”),
each Other Guarantor (as defined therein) and Merrill Lynch Capital Corporation, as administrative agent (in such capacity, the “Administrative Agent”) under the Credit Agreement (as defined therein) and Notice of Consent to the
Amendment, dated the date hereof (“Notice of Consent”), from us to you. Capitalized terms used herein without definition shall have the meanings assigned thereto in the THD Guarantee or the Notice of Consent, as applicable. 

 Ladies and Gentlemen: 

We refer to the THD Guarantee and the Notice of Consent. 

We have, pursuant to the Notice of Consent, consented to the Amendment and to the extension of the maturity of all or a portion of the
Guaranteed Term Loans to a date that is not later than April 1, 2014 pursuant to, and on the terms set forth in, the Amendment. 

You have advised us that if any portion of the Guaranteed Term Loans has not extended its maturity pursuant to the Amendment (the
“non-extended loans”), you may wish to extend the maturity of all or a portion of the non-extended loans to a date that is not later than the maturity date in effect from time to time under the Amendment, pursuant to one or more
later amendments to the Credit Agreement similar in form and substance in all material respects to the Amendment (any such later amendment, the “Later Amendment”). Our consent to any Later Amendment is required pursuant to
Section 4.02 of the THD Guarantee. 
 Consent 

 We hereby notify you of our consent to the Later Amendment and to the extension of the
maturity of all or a portion of the non-extended loans to a date that is not later than the maturity date in effect from time to time under the Amendment. 

We agree to take all steps as may be reasonably necessary or desirable to evidence our consent to any Later Amendment. 

Representations and Warranties 

Our consent, and the execution, delivery and performance by THD of this notice of consent (i) are within THD’s corporate powers,
(ii) has been duly authorized by all necessary corporate action, (iii) require no action by or in respect of or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any
provision of applicable law or regulation or of the certificate of incorporation or by-laws of THD or of any material agreement, judgment, injunction, order, decree or other instrument binding upon THD or any of its Significant Subsidiaries, and
(v) do not result in the creation or imposition of any Lien on any asset of THD or any of its Significant Subsidiaries. 

This notice of consent constitutes a valid and binding agreement of THD enforceable in accordance with its terms, provided that the
enforceability hereof is subject to general principles of equity and the bankruptcy, insolvency and similar laws affecting the enforcement of creditors’ rights generally. 

Reaffirmation of Guarantee 

THD acknowledges and agrees that the THD Guarantee shall continue in full force and effect and that all of its obligations thereunder
shall be valid and enforceable and shall not be impaired or limited by the execution or effectiveness of any Later Amendment. 

Indemnity 

The Borrower and each Other Guarantor agree, on a joint and several basis, to pay, indemnify and reimburse THD and its officers, directors
and employees (each, an “Indemnitee”) for, and hold each Indemnitee harmless from and against, any and all other liabilities, obligations, losses, damages, penalties, actions, judgments and suits of any kind or nature whatsoever,
and costs, expenses or disbursements incurred in connection with investigating, defending or preparing to defend any such liabilities, obligations, losses, damages, penalties, actions, judgments or suits (excluding, for the avoidance of doubt,
expenses or disbursements incurred for the negotiation and execution of this notice of consent or the Notice of Consent and excluding taxes arising from the receipt of any consent fee or guarantee fee payable to THD), as a result of or arising out
of or in any way related to this notice of consent or the Notice of Consent and the transactions 

 
contemplated hereby or thereby (all the foregoing, collectively, the “Indemnified Liabilities”), provided that the Borrower and the Other Guarantors shall not have any
obligation under this paragraph with respect to Indemnified Liabilities arising from or as a result of (x) the gross negligence, bad faith or willful misconduct (as determined by a court of competent jurisdiction in a final and
non-appealable judgment or by settlement tantamount to such judgment) of THD or any Indemnitee, (y) any breach by THD or any Indemnitee of the provisions of this notice of consent or the Notice of Consent, or any failure of any
representation made by THD in this notice of consent or the Notice of Consent to be true and correct in all material respects or (z) the inaccuracy of any information with respect to the business, prospects, condition (financial or otherwise),
results of operations, assets or liabilities of THD and/or its subsidiaries made available by THD or any Indemnitee in the course of the Lender Call for purposes of your solicitation of consents or filed with the SEC prior to the date hereof. All
amounts due under this paragraph shall be due and payable within 15 days of written demand therefor (provided, that all such obligations shall be automatically due and payable without demand therefor in the event any such demand is prohibited by
applicable law). The obligations of the Borrower and the Other Guarantor are in addition to all rights of reimbursement and indemnity as the Guarantor has under applicable law or equity, but for the avoidance of doubt there shall be no requirement
for the Borrower or any Other Guarantor to pay any duplicative amounts. 
 For purposes hereof, “Lender Call”
shall mean any communication by THD with you, the lenders or the Administrative Agent for the purpose of your solicitation of consents, including the lenders’ conference call held on February 23, 2010 in connection with the solicitation of
consents for the Amendment. 
 General 

The provisions of Sections 9.04, 9.06 and 9.10 of the THD Guarantee are incorporated into this notice of consent by reference. 

This notice of consent may be executed in counterparts, each of which shall be deemed an original and all of which counterparts shall
constitute one and the same document. Delivery of an executed signature page of this notice of consent by facsimile or electronic (including “PDF”) transmission shall be effective as delivery of a manually executed counterpart hereof.

 [remainder of page intentionally blank] 

			
	Sincerely yours,
	
	The Home Depot, Inc.
		
	 By:
	 	 /s/ Carol B. Tome

	Name:	 	Carol B. Tome
	Title:	 	CFO & EVP

 Accepted as of March 19, 2010:

  

			
	HD Supply, Inc.
		
	By:	 	 /s/ Vidya Chauhan

	Name:	 	Vidya Chauhan
	Title:	 	 Senior Vice President,

Strategic Business DevelopmentLetter Agreement

 EXHIBIT 10.6 

HD SUPPLY, INC. 

3100 Cumberland Boulevard, Suite 1480 

Atlanta, Georgia 30339 
 The Home
Depot, Inc. 
 Building C-22 
 2455
Paces Ferry Road, NW 
 Atlanta, Georgia 30339 

March 19, 2010 
 Dear Sirs, 

Reference is made to (i) that certain Guarantee and Reimbursement Agreement, dated as of August 30, 2007 (the “Guarantee
Agreement”), by and between The Home Depot, Inc. (“THD” or “you”), HD Supply, Inc. (“HDS”, “us” or “we”) and Merrill Lynch Capital Corporation, as
administrative agent (the “Administrative Agent”) and (ii) that certain Credit Agreement, dated as of August 30, 2007 (the “Credit Agreement”), among HDS, the Administrative Agent and the other parties
thereto, in each case as amended or supplemented through the date hereof. Capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Credit Agreement. 

We agree that, on and after the date hereof and until the THD Guarantee Release Date, we will not, and will not permit any of our Subsidiaries to,
directly or indirectly, voluntarily purchase, repurchase, redeem or defease or otherwise acquire or retire for value, prior to scheduled maturity or scheduled repayment, in whole or in part, any Senior Notes, any Senior Subordinated Notes or any
Refinancing Indebtedness in respect of Senior Notes or Senior Subordinated Notes (“Specified Debt”) without THD’s prior written consent (not to be unreasonably withheld or delayed). Notwithstanding the foregoing, we may, and we
may permit any of our Subsidiaries to, make any purchase, repurchase, redemption or defeasance or other acquisition or retirement for value of Specified Debt as and to the extent permitted pursuant to Section 7.5(b)(i), Section 7.5(b)(ii)
or Section 7.5(b)(iv) of the Credit Agreement. 
 For the avoidance of doubt, the foregoing paragraph shall not prohibit HDS or any of its
Subsidiaries from acquiring the Capital Stock of a Person that owns Specified Debt or merging or consolidating with such a Person; provided that, (i) such acquisition, merger or consolidation is otherwise permitted by the Credit
Agreement, the Guarantee Agreement and the other Loan Documents, and (ii) HDS’s or the applicable Subsidiary’s purpose (primary or otherwise) for such acquisition, merger or consolidation was not to acquire such Specified Debt.

 Nothing contained herein shall in any way restrict any debt or equity holder of HDS from purchasing, repurchasing, redeeming or otherwise
acquiring or retiring for value any Specified Debt. 

 THD agrees that it shall not require the payment of a fee or impose any other condition to any consent
required of THD under this letter agreement. 
 In addition, we agree, immediately following the closing of Amendment No. 3 to the Credit
Agreement, dated on or about the date hereof. to provide an irrevocable notice of a prepayment of $30 million of principal amount of Non-Extending Term Loans, to elect to apply such amounts in reverse chronological order with respect to scheduled
amortization payments and, on the earliest date we are permitted under the notice provisions for such prepayment under the Credit Agreement, to make such prepayment. It is understood and agreed that THD has granted its consent (pursuant to a
separate letter agreement) to Amendment No. 3 to the Credit Agreement, dated on or about the date hereof, on the condition that such repayment occurs within such time period. 

This letter agreement is not an amendment, supplement, modification or waiver of the Credit Agreement, the Guarantee Agreement or any other Loan
Document, and any failure to perform by HDS or by THD under this letter agreement shall not constitute a Default or an Event of Default under the Credit Agreement, the Guarantee Agreement or any other Loan Document. 

Sections 9.04, 9.06 and 9.10 of the Guarantee Agreement are incorporated herein by reference. The parties hereto agree that irreparable damage would
occur in the event that any provision of this letter agreement were not performed by HDS in accordance with the terms hereof and that THD will be entitled to specific performance of the terms hereof, in addition to any other remedy at law or equity.

 (Signature Page to Follow) 

 Sincerely, 
  

			
	HD SUPPLY, INC.
		
	By:	 	 /s/ Vidya Chauhan

	Name:	 	Vidya Chauhan
	Title:	 	 Senior Vice President,

StrategicBusiness Development

Acknowledged and agreed to by: 

			
	
	THE HOME DEPOT, INC.
		
	By:	 	 /s/ Carol B. Tome

	Name:	 	Carol B. Tome
	Title:	 	CFO & EVP

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