Document:

First Amendment to Second Amended and Restated Receivables Purchase Agreement

 
EXHIBIT
10.10(v) 
 
FIRST AMENDMENT TO SECOND
AMENDED AND RESTATED RECEIVABLES 
PURCHASE AGREEMENT 
 
FIRST AMENDMENT TO SECOND AMENDED AND RESTATED RECEIVABLES
PURCHASE AGREEMENT dated as of May 14, 2002 (this “Amendment”) among G-P Receivables, Inc., as the seller (the “Seller”), Georgia-Pacific Corporation, as collection agent (the “Collection Agent”),
Blue Ridge Asset Funding Corporation (“Blue Ridge”), Corporate Receivables Corporation (“CRC”), Corporate Asset Funding Company, Inc. (“CAFCO”), Four Winds Funding Corporation (“Four
Winds”), Victory Receivables Corporation (“Victory” and, together with Blue Ridge, CRC, CAFCO and Four Winds, the “Purchasers”), Citibank, N.A. (“Citibank”), Commerzbank AG (New York
Branch) (“Commerzbank”), The Bank of Tokyo-Mitsubishi, Ltd. (New York Branch) (“BTM”), Wachovia Bank, N.A. (“Wachovia” and, together with Citibank, Commerzbank and BTM, the “Secondary
Purchasers”) and Citicorp North America, Inc., as administrative agent (the “Administrative Agent”). 
 
WITNESSETH 
 
WHEREAS, the Seller, the Collection Agent, the Purchasers and the Administrative Agent entered into that certain Second Amended and
Restated Receivables Purchase Agreement dated as of December 19, 2001 (the “Primary Purchase Agreement”); 
 
WHEREAS, the Seller, the Collection Agent, the Secondary Purchasers and the Administrative Agent entered into that certain Second Amended
and Restated Receivables Purchase Agreement dated as of December 19, 2001 (the “Secondary Purchase Agreement” and, together with the Primary Purchase Agreement, the “Agreements”); 
 
WHEREAS, the parties hereto wish to amend the Primary Purchase
Agreement and to waive compliance with certain provisions of the Agreements, in each case, in the manner and on the terms and conditions set forth herein; 
 
NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants herein contained, the parties hereto agree as follows:

 
SECTION 1. DEFINED TERMS. 
 
Unless otherwise defined herein, the capitalized terms used
herein shall have the meanings assigned to such terms in the Primary Purchase Agreement. 
 
SECTION 2. AMENDMENTS TO THE PRIMARY PURCHASE AGREEMENT. 
 
(a) Section 4.01(q) of the Primary Purchase Agreement is hereby amended to read in its entirety as follows: 
 
(q) The Seller and each Originator are treating each sale of a Receivable under the Transfer Agreement to which the Seller
and such Originator are a party as a sale for purposes of GAAP. Georgia-Pacific will present on each consolidated 
 

 
balance sheet of Georgia-Pacific and its subsidiaries each such Receivable outstanding as of the date of such balance sheet. 
 
(b) Section 5.01(o) of the Primary Purchase Agreement is hereby amended to read in its entirety as follows: 
 
(o) Reserved. 
 
SECTION 3. WAIVER 
 
The Purchasers and the Administrative Agent hereby waive
noncompliance with, and the occurrence of any event under Section 7.01(a) or (c) of the Primary Purchase Agreement and the Secondary Purchasers and the Administrative Agent hereby waive noncompliance with, and the occurrence of any event under
Section 7.01(a) or (c) of the Secondary Purchase Agreement, in each case, resulting from the failure of the Seller and the Collection Agent to treat the conveyance of the Receivables Interest in the Receivables, the Related Security and the
Collections under the applicable Agreement as a sale for purposes of GAAP as described in and required under Sections 4.01(q) and 5.01(o) of the Primary Purchase Agreement. 
 
SECTION 4. EFFECTIVE DATE. 
 
This Amendment and the amendments and waivers to the Agreements shall be effective on the first date on which the Administrative Agent
shall have received this Amendment, executed by each of the parties hereto. 
 
SECTION 5. EXPENSES. 
 
The
Seller and the Collection Agent jointly and severally agree to pay on demand all reasonable costs and expenses actually incurred in connection with the preparation, execution, delivery and administration of this Amendment, including, without
limitation, the reasonable fees and disbursements of outside counsel to the Purchasers, the Secondary Purchasers and the Administrative Agent. 
 
SECTION 6. EXECUTION IN COUNTERPARTS. 
 
This Amendment may be executed in any number of counterparts and by different parties hereto on separate counterparts, each of which
counterparts, when so executed and delivered, shall be deemed to be an original, and all of which counterparts, when taken together, shall constitute but one and the same agreement. 
 
SECTION 7. GOVERNING LAW. 
 
THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 

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SECTION 8. SEVERABILITY OF
PROVISIONS. 
 
Any provision of this Amendment
which 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 or affecting the validity or
enforceability of such provision in any other jurisdiction. 
 
SECTION 9. CAPTIONS. 
 
The
captions in this Amendment are for convenience of reference only and shall not define or limit any of the terms or provisions hereof. 
 
SECTION 10. AGREEMENT TO REMAIN IN FULL FORCE AND EFFECT. 
 
This Amendment shall be deemed to be an amendment to the Primary Purchase Agreement. All references to the Primary Purchase Agreement in
any other agreement or document, including, without limitation, the Secondary Purchase Agreement, shall on and after the effective date of this Amendment be deemed to refer to the Primary Purchase Agreement as amended hereby. 
 
SECTION 11. NO PROCEEDINGS. 
 
Each of the parties hereto hereby agrees that it will not
institute against, or join any other Person in instituting against, the Purchasers any bankruptcy, reorganization, insolvency or similar proceeding until the date which is one year and one day since the last day on which any commercial paper notes
issued by the Purchasers shall have matured. 
 
[Signature Pages Follow] 
 
 

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IN WITNESS
WHEREOF, the parties hereto have caused this Amendment to be signed by their duly authorized officers as of the date first above written. 
 

	  G-P RECEIVABLES, INC. 

	
	  By:
	  	  /s/ Phillip M. Johnson            
        

	  	  	  Name: Phillip M. Johnson

	  	  	  Title: Vice President and Treasurer

 

	  GEORGIA-PACIFIC CORPORATION

	
	  By:
	  	  /s/ Phillip M. Johnson            

	  	  	  Name: Phillip M. Johnson

	  	  	  Title: Vice President and Treasurer

 

	  BLUE RIDGE ASSET FUNDING CORPORATION

	
	  By:
	  	  /s/ Kenny Karpowicz

	  	  	  Name: Kenny Karpowicz

	  	  	  Title: Vice President

 

	  CORPORATE RECEIVABLE CORPORATION

	  By:
	  	  CITICORP NORTH AMERICA, INC.,

	  	  	  AS ATTORNEY-IN-FACT

 

	
	  By:
	  	  /s/ David J. Donofrio

	  	  	  Name: David J. Donofrio

	  	  	  Title: Vice President

 

	  CORPORATE ASSET FUNDING COMPANY,     INC.

	      By:
	  	  CITICORP NORTH AMERICA, INC.,

	  	  	  AS ATTORNEY-IN-FACT

 

	
	  By:
	  	  /s/ David J. Donofrio

	  	  	  Name: David J. Donofrio

	  	  	  Title: Vice President

 
 

S-1 

 

	  FOUR WINDS FUNDING CORPORATION

	  By:
	  	  COMMERZBANK AG (NEW YORK

	  	  	  BRANCH), AS ATTORNEY-IN-FACT

 

	
	  By:
	  	  /s/ James F. Ahern

	  	  	  Name: James F. Ahern

	  	  	  Title: Senior Vice President

 

	
	  By:
	  	  /s/ Michael P. McCarthy

	  	  	  Name: Michael P. McCarthy

	  	  	  Title: Vice President

 

	  VICTORY RECEIVABLES CORPORATION

 

	  By:
	  	  /s/ Karen A. Granquist            

	  	  	  Name: Karen A. Granquist

	  	  	  Title: Secretary

 

	  CITIBANK, N.A

 

	
	  By:
	  	  /s/ David J. Donofrio

	  	  	  Name: David J. Donofrio

	  	  	  Title: Attorney-in-Fact

 

	  COMMERZBANK AG (NEW YORK BRANCH)

 

	
	  By:
	  	  /s/ James F. Ahern

	  	  	  Name: James F. Ahern

	  	  	  Title: Senior Vice President

 

	
	  By:
	  	  Michael P. McCarthy

	  	  	  Name: Michael P. McCarthy

	  	  	  Title: Vice President

 

	  THE BANK OF TOKYO-MITSUBISHI, LTD. (NEW YORK BRANCH)

 

	
	  By:
	  	  /s/ Vincent DeLUCA

	  	  	  Name: Vincent DeLUCA

	  	  	  Title: Senior Vice President

 

S-2 

 

	  WACHOVIA BANK, N.A

	
	  By:
	  	  /s/ Kenny Karpowicz    

	  	  	  Name: Kenny Karpowicz

	  	  	  Title: Vice President

	  	  	  

 

	  CITICORP NORTH AMERICA, INC., as         Administrative
Agent

 

	  By:
	  	  /s/ David J. Donofrio            

	  	  	  Name: David J. Donofrio

	  	  	  Title: Vice President

 
 
 

S-3Amendment Number Four to the GP 1997 Long-Term Incentive Plan

 
EXHIBIT
10.11(xiv) 
 
AMENDMENT NUMBER FOUR

TO THE 
GEORGIA-PACIFIC CORPORATION/ 
GEORGIA-PACIFIC GROUP 
1997 LONG-TERM INCENTIVE PLAN 
 
WHEREAS, pursuant to Section 8 of the Georgia-Pacific Corporation/Georgia-Pacific Group 1997 Long-Term Incentive Plan (“Plan”),
the Board of Directors of Georgia-Pacific Corporation (“Corporation”) has reserved the right to amend the Plan; and 
 
WHEREAS, the Board desires to amend the Plan to change the name of the Plan and to change the definition of Common Stock under the Plan;

 
NOW THEREFORE, the Board hereby amends the Plan
as follows: 
 
1. Effective as of January 1, 2002,
the name of the Plan shall be the Georgia-Pacific Corporation Long-Term Incentive Plan. 
 
2. Section 2(h) of the Plan is amended effective as of January 1, 2002 to read as follows: 
 
“(h) Common Stock. “Common Stock” means the Company’s common stock, par value $0.80 per share.” 
 
3. Section 2(v) of the Plan is amended effective as of January
1, 2002 to read as follows: 
 
“(v) Plan.
“Plan” means the Georgia-Pacific Corporation Long-Term Incentive Plan (formerly known as the Georgia-Pacific Corporation/Georgia-Pacific Group 1997 Long-Term Incentive Plan) as described in this document.”

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