Document:

Exhibit 10.32(a)

 

FIRST
AMENDMENT TO CREDIT AGREEMENT

 

THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”)
is entered into as of October 20, 2004 by and among RELIANT PHARMACEUTICALS,
INC., a Delaware corporation, (the “Borrower”), the financial institutions
parties hereto, each as a Lender, MERRILL LYNCH CAPITAL, a division of Merrill
Lynch Business Financial Services Inc., as Agent, and each of the other Persons
who are signatories hereto (Borrower and each such Person is individually
referred to herein as a “Credit Party” and collectively as the “Credit
Parties”).

 

W I T N E S S E T H:

 

WHEREAS, Borrower, Agent and Lenders have entered
into that certain Credit Agreement dated as of August 19, 2004 (as the same may
be amended, restated, supplemented or otherwise modified from time to time, the
“Credit Agreement”); and

 

WHEREAS, the parties to the Credit Agreement desire
to amend the Credit Agreement on the terms and subject to the conditions set
forth herein; and

 

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

 

1. Defined Terms. Capitalized terms used but
not defined herein shall have the meanings ascribed to them in the Credit
Agreement.

 

2. Amendments.

 

(a)  Section 1.1 of the Credit Agreement
is hereby amended by deleting the definition of “Account” contained therein in
its entirety, and substituting the following language therefor:

 

“ “Account” means, collectively, (a) any accounts receivable for
goods sold and services rendered by Borrower (including, without limitation,
all promotional fees, service fees and other similar fees owing to Borrower
from Novartis under and as described in the Novartis Agreement) or any of
Borrower’s Subsidiaries, and rents, license fees, and “payment intangibles” (as
that term is defined in the UCC now or hereafter in effect) in respect of the
foregoing and (b) all proceeds of any of the foregoing.”

 

(b)  Section 1.1 of the Credit Agreement
is hereby amended by adding the following definition of “Primary Collateral”
thereto in the appropriate alphabetical order:

 

“ “Primary Collateral” shall have the meaning ascribed to such
term in that certain Amended and Restated Security Agreement dated as of
September 3, 2004 between Borrower and Agent, as the same may be amended,
restated, supplemented or otherwise modified and in effect from time to time.”

 

1

 

(c)  Subsections 2.10(d),(e) and (i)
of the Credit Agreement are each hereby amended by replacing the term “Collateral”
contained therein with the term “Primary Collateral.”

 

(d) Section 4.9 of the Credit Agreement is hereby deleted in its entirety, with the
following language substituted therefor:

 

“Section
4.9 Further Assurances.

 

Borrower will, and will
cause each Subsidiary to, at its own cost and expense, cause to be promptly and
duly taken, executed, acknowledged and delivered all such further acts,
documents and assurances as may from time to time be necessary or as Agent or
the Required Lenders may from time to time reasonably request in order to carry
out the intent and purposes of the Financing Documents and the transactions
contemplated thereby, including all such actions to establish, preserve,
protect and perfect: (i) a first priority Lien (subject only to Permitted
Liens) in favor of Agent for the benefit of Lenders on the Primary Collateral
(including Primary Collateral acquired after the date hereof), whether now
owned or hereafter acquired, and (ii) a Lien (subject only to Permitted Liens)
in favor of Agent for the benefit of Lenders on the Collateral other than the
Primary Collateral (including such Collateral other than the Primary Collateral
acquired after the date hereof), whether now owned or hereafter acquired.
Borrower will cause each hereafter acquired Subsidiary to, within ten (10)
Business Days of the acquisition of such Subsidiary and at its own cost and
expense, execute a joinder to the Subsidiary Guaranty and the Subsidiary
Security Agreement, and such other documents and agreements as Agent may
reasonably require to obtain a first or second, as applicable, priority
perfected security interests in the assets of such Subsidiary (subject to
Permitted Liens, and otherwise consistent with the Security Interests granted
to Agent by Borrower in the Security Documents), all in form and substance
reasonably acceptable to Agent.”

 

(e) Section 5.2 of the Credit Agreement is hereby amended by replacing the term “Collateral”
contained in the second line thereof with the term “Primary Collateral.”

 

(f)  Subsection 5.2(m) and Sections 5.6
and 5.12 of the Credit Agreement are hereby amended by replacing each
usage of the term “Collateral” contained therein with the term “Primary
Collateral.”

 

3.Conditions. The effectiveness of this
Amendment is subject to the following conditions precedent:

 

	
  (a)

  	
   

  	
  the execution and delivery of this Amendment by
  each Credit Party, Agent and Required Lenders; and

  
	
   

  	
   

  	
   

  
	
  (b)

  	
   

  	
  the truth and accuracy of the representations and
  warranties contained in Section 4 hereof in all material respects.

  
	
   

  	
   

  	
   

  

 

2

 

4. Representations and Warranties. Each
Credit Party hereby represents and warrants to Agent and each Lender as
follows:

 

	
  (a)

  	
   

  	
  the
  representations and warranties of each Credit Party contained in the
  Financing Documents are true and correct as of the date hereof in all
  material respects, except to the extent that any such representation or
  warranty relates to a specific date, in which case such representation and
  warranty shall be true and correct as of such earlier date;

  
	
   

  	
   

  	
   

  
	
  (b)

  	
   

  	
  the
  execution, delivery and performance by each Credit Party, as applicable, of
  this Amendment are within its powers, have been duly authorized by all
  necessary action pursuant to its Organizational Documents, require no further
  action by or in respect of, or filing with, any governmental body, agency or
  official and do not violate, conflict with or cause a breach or a default
  under any provision of applicable law or regulation or of the Organizational
  Documents of any Credit Party or of any agreement, judgment, injunction,
  order, decree or other instrument binding upon it;

  
	
   

  	
   

  	
   

  
	
  (c)

  	
   

  	
  this
  Amendment constitutes the valid and binding obligation of the Credit Parties,
  enforceable against such Credit Parties in accordance with its terms, except
  as the enforceability hereof may be limited by applicable bankruptcy,
  insolvency, or similar laws relating to the enforcement of creditor’s rights
  generally and by general equitable principles; and

  
	
   

  	
   

  	
   

  
	
  (d)

  	
   

  	
  no
  Default or Event of Default exists.

  

 

 

5. No Waiver. Nothing contained herein shall
be deemed to constitute a waiver of compliance with the financial covenants
contained in Article 7 of the Credit Agreement, a waiver of compliance
with any other term or condition contained in the Credit Agreement or any of
the other Financing Documents or constitute a course of conduct or dealing
among the parties. Except as expressly stated herein, Agent and Lender reserve
all rights, privileges and remedies under the Financing Documents. Except as
amended hereby, the Credit Agreement and other Financing Documents remain
unmodified and in full force and effect. All references in the Financing
Documents to the Credit Agreement shall be deemed to be references to the
Credit Agreement as amended hereby.

 

6. Severability. In case any provision of or
obligation under this Amendment shall be invalid, illegal or unenforceable in
any jurisdiction, the validity, legality and enforceability of the remaining
provisions or obligations, or of such provision or obligation in any other
jurisdiction, shall not in any way be affected or impaired thereby.

 

7. Headings. Headings and captions used in
this Amendment (including the Exhibits, Schedules and Annexes hereto, if any)
are included for convenience of reference only and shall not be given any
substantive effect.

 

8. GOVERNING LAW; SUBMISSION TO
JURISDICTION. THIS AMENDMENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED
AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF ILLINOIS,

 

3

 

WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES. EACH
CREDIT PARTY HEREBY CONSENTS TO THE JURISDICTION OF ANY STATE OR FEDERAL COURT
LOCATED WITHIN THE COUNTY OF COOK, STATE OF ILLINOIS AND IRREVOCABLY AGREES
THAT, SUBJECT TO AGENT’S ELECTION, ALL ACTIONS OR PROCEEDINGS ARISING OUT OF OR
RELATING TO THIS AMENDMENT OR THE OTHER FINANCING DOCUMENTS SHALL BE LITIGATED
IN SUCH COURTS. EACH CREDIT PARTY EXPRESSLY SUBMITS AND CONSENTS TO THE
JURISDICTION OF THE AFORESAID COURTS AND WAIVES ANY DEFENSE OF FORUM NON
CONVENIENS. EACH CREDIT PARTY HEREBY WAIVES PERSONAL SERVICE OF ANY AND ALL
PROCESS AND AGREES THAT ALL SUCH SERVICE OF PROCESS MAY BE MADE UPON SUCH
PERSON BY CERTIFIED OR REGISTERED MAIL, RETURN RECEIPT REQUESTED, ADDRESSED C/O
BORROWER AT THE ADDRESS SET FORTH IN THE CREDIT AGREEMENT AND SERVICE SO MADE
SHALL BE COMPLETE TEN (10) DAYS AFTER THE SAME HAS BEEN POSTED.

 

10. WAIVER OF JURY TRIAL.
EACH CREDIT PARTY, AGENT AND THE LENDERS HEREBY IRREVOCABLY WAIVE ANY AND ALL
RIGHT TO TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING ARISING OUT OF OR
RELATING TO THE FINANCING DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED THEREBY
AND AGREES THAT ANY SUCH ACTION OR PROCEEDING SHALL BE TRIED BEFORE A COURT AND
NOT BEFORE A JURY.

 

11. Waiver.
Borrower and each other Credit Party, on behalf of each such Credit
Party and their respective executors, successors and assigns, hereby waives,
releases and discharges Agent and the Lenders and all of the affiliates,
directors, officers, employees, attorneys and agents of Agent and the Lenders,
from any and all claims, demands, actions or causes of action arising out of or
in any way relating to the Financing Documents occurring on or before the date
hereof and any documents, agreements, dealings or other matters connected with
the Financing Documents, including, without limitation, all known and unknown
matters, claims or transactions occurring on or before the date hereof.

 

12.  Counterparts;
Integration.  This Amendment
may be executed and delivered via facsimile with the same force and effect as
if an original were executed and may be signed in any number of counterparts,
each of which shall be an original, with the same effect as if the signatures
hereto were upon the same instrument. This Amendment constitutes the entire
agreement and understanding among the parties hereto with respect to the
subject matter hereof and supersede any and all prior agreements and
understandings, oral or written, relating to the subject matter hereof.

 

13. Reaffirmation. Each of the Credit Parties
as debtor, grantor, guarantor, assignor, as applicable, or in any other similar
capacity in which such Credit Party grants liens or security interests in its
property or otherwise acts as accommodation party or guarantor, as the case may
be, hereby (i) ratifies and reaffirms all of its payment and performance
obligations, contingent or otherwise, under each of the Financing Documents to
which it is a party (after giving effect hereto) and (ii) to the extent such
Credit Party granted liens on or security interests in any of its property
pursuant to any such Financing Document as security for or otherwise guaranteed
the Borrower’s Obligations under or with respect to the Financing Documents,
ratifies and reaffirms

 

4

 

such
guarantee and grant of security interests and liens and confirms and agrees
that such security interests and liens hereafter secure all of the Obligations
as amended hereby. Each of the Credit Parties hereby consents to this Amendment
and acknowledges that each of the Financing Documents remains in full force and
effect and is hereby ratified and reaffirmed. The execution of this Amendment
shall not operate as a waiver of any right, power or remedy of the Agent or
Lenders, constitute a waiver of any provision of any of the Financing Documents
or serve to effect a novation of the Obligations.

 

[ Remainder
of Page Intentionally Left Blank; Signature Page Follows ]

 

5

 

IN WITNESS WHEREOF, the parties have executed this
Amendment as of the date set forth above.

 

 

	
   

  	
  CREDIT PARTIES:

  
	
   

  	
   

  
	
   

  	
  RELIANT PHARMACEUTICALS, INC., a 

  
	
   

  	
  Delaware
  corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  RP SUB NO. 1, INC., a Delaware corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  AGENT AND LENDERS:

  
	
   

  	
   

  
	
   

  	
  MERRILL LYNCH CAPITAL, a division of 

  
	
   

  	
  Merrill
  Lynch Business Financial Services Inc.,

  
	
   

  	
  as
  Agent and as a Lender

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  

 

First Amendment to Credit
AgreementExhibit 10.32(b)

 

SECOND
AMENDMENT TO CREDIT AGREEMENT

 

THIS SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”)
is entered into as of April 13, 2005 by and among RELIANT PHARMACEUTICALS,
INC., a Delaware corporation, (the “Borrower”), the financial institutions
parties hereto, each as a Lender, MERRILL LYNCH CAPITAL, a division of Merrill
Lynch Business Financial Services Inc., as Agent, and each of the other Persons
who are signatories hereto (Borrower and each such Person is individually
referred to herein as a “Credit Party” and collectively as the “Credit
Parties”).

 

W I T N E S S E T H:

 

WHEREAS, Borrower, Agent and Lenders have entered
into that certain Credit Agreement dated as of August 19, 2004 (as the same has
been amended pursuant to that certain First Amendment to Credit Agreement dated
as of October 20, 2004 and may hereafter be amended, restated, supplemented or
otherwise modified from time to time, the “Credit Agreement”); and

 

WHEREAS, the parties to the Credit Agreement desire
to amend the Credit Agreement on the terms and subject to the conditions set
forth herein; and

 

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

 

1. Defined Terms. Capitalized terms used but
not defined herein shall have the meanings ascribed to them in the Credit
Agreement.

 

2. Amendments.

 

(a)
Section 1.1 of the Credit Agreement is hereby amended by deleting the
definition of “Primary Collateral” contained therein in its entirety.

 

(b)
Section 1.1 of the Credit Agreement is hereby amended by deleting the
definition of “Borrowing Base Certificate” contained therein in its entirety
and substituting the following language therefor:

 

““Borrowing Base Certificate” means a certificate, duly executed
by either a Responsible Officer of Borrower or another Person consented to in
writing by Agent in Agent’s reasonable discretion, appropriately completed and
substantially in the form of Exhibit D hereto.”

 

(c)
Subsections 2.10(d),(e) and (i) of the Credit Agreement
are each hereby amended by replacing the term “Primary Collateral” contained
therein with the term “Collateral.”

 

1

 

(d) Subsection 4.1(a) of
the Credit Agreement is hereby deleted in its entirety, with the following
language substituted therefor:

 

“(a) (i) as soon as
practicable and in any event within thirty (30) days after the end of each of
the first two (2) months of each fiscal quarter of the Borrower’s Fiscal Year,
a consolidated balance sheet of Borrower and its Consolidated Subsidiaries as
at the end of such month and the previous Fiscal Year end and the related
consolidated statements of operations and cash flows for such month, and for
the portion of the Fiscal Year ended at the end of such month setting forth in
comparative form the figures for the corresponding periods of the previous
Fiscal Year, all in reasonable detail and certified by either a Responsible
Officer of Borrower or another Person consented to in writing by Agent in Agent’s
reasonable discretion, as fairly presenting, in all material respects, the
financial condition and results of operations of Borrower and its Consolidated
Subsidiaries and as having been prepared in accordance with GAAP applied on a
basis consistent with the audited financial statements of Borrower (subject to
changes resulting from audit and normal year end adjustments and the absence of
footnotes);

 

(ii) as soon as practicable
and in any event within the earlier to occur of (x) forty-five (45) days after the end of each of the first
three (3) fiscal quarters of the Borrower’s Fiscal Year or (y) five (5) days after the filing of the
SEC 10Q filing for such fiscal quarter, if applicable, a consolidated balance
sheet of Borrower and its Consolidated Subsidiaries as at the end of such
fiscal quarter and the previous Fiscal Year end and the related consolidated
statements of operations and cash flows for such fiscal quarter, and for the
portion of the Fiscal Year ended at the end of such fiscal quarter setting
forth in comparative form the figures for the corresponding periods of the
previous Fiscal Year, all in reasonable detail and certified by either a
Responsible Officer of Borrower, as fairly presenting, in all material
respects, the financial condition and results of operations of Borrower and its
Consolidated Subsidiaries and as having been prepared in accordance with GAAP
applied on a basis consistent with the audited financial statements of Borrower
(subject to changes resulting from audit and normal year end adjustments and
the absence of footnotes); and

 

(iii) as soon as practicable
and in any event within forty-five (45) days after the end of each Fiscal Year,
a consolidated balance sheet of Borrower and its Consolidated Subsidiaries as
at the end of such Fiscal Year and the previous Fiscal Year end and the related
consolidated statements of operations and cash flows for the last month of such
Fiscal Year, and for such Fiscal Year in its entirety, setting forth in
comparative form the figures for the corresponding periods of the previous
Fiscal Year, all in reasonable detail, prepared in accordance with GAAP applied
on a basis consistent with the audited financial statements of Borrower
(subject to changes resulting from audit and normal year end adjustments and
the absence of footnotes);”

 

2

 

(e) Subsection 4.1(b) of
the Credit Agreement is hereby deleted in its entirety, with the following
language substituted therefor:

 

“(b) as soon as available and
in any event within the earlier to occur of (x)
ninety (90) days after the end of each Fiscal Year or (y) five (5) days after the filing of the
SEC 10K filing for such Fiscal Year, if applicable, a consolidated balance
sheet of Borrower and its Consolidated Subsidiaries as of the end of such
Fiscal Year and the related consolidated statements of operations, stockholders’
equity and cash flows for such Fiscal Year, setting forth in each case in
comparative form the figures for the previous Fiscal Year, certified by a
Responsible Officer of Borrower (solely with respect to such consolidated
statements) without material qualification or exception (by Ernst & Young,
LLP or another independent public accountant reasonably acceptable to Agent of
nationally recognized standing) which qualification or exception would, in
either case, be reasonably be expected to have a Material Adverse Effect;”

 

(f)
Subsection 4.1(c) of the Credit Agreement is hereby deleted in its
entirety, with the following language substituted therefor:

 

“
(c) together with each delivery of financial statements pursuant to Subsections
4.1(a)(ii) and 4.1(b), a Compliance Certificate;”

 

(g) Section 4.9 of the
Credit Agreement is hereby deleted in its entirety, with the following language
substituted therefor:

 

“Section
4.9 Further Assurances.

 

Borrower will, and will
cause each Subsidiary to, at its own cost and expense, cause to be promptly and
duly taken, executed, acknowledged and delivered all such further acts,
documents and assurances as may from time to time be necessary or as Agent or
the Required Lenders may from time to time reasonably request in order to carry
out the intent and purposes of the Financing Documents and the transactions
contemplated thereby, including all such actions to establish, preserve,
protect and perfect a first priority Lien (subject only to Permitted Liens) in
favor of Agent for the benefit of Lenders on the Collateral (including
Collateral acquired after the date hereof), whether now owned or hereafter
acquired. Borrower will cause each hereafter acquired Subsidiary to, within ten
(10) Business Days of the acquisition of such Subsidiary and at its own cost
and expense, execute a joinder to the Subsidiary Guaranty and the Subsidiary
Security Agreement, and such other documents and agreements as Agent may
reasonably require to obtain a first priority perfected security interests in
the assets of such Subsidiary constituting Collateral (as such term is defined
in that certain Second Amended and Restated Security Agreement dated April 13,
2005 by and between Borrower and Agent) of such Subsidiary (subject to
Permitted Liens, and otherwise consistent with the Security Interests granted
to Agent by Borrower in the Security Documents), all in form an substance
reasonably acceptable to Agent.

 

(h) Section 5.2 of the
Credit Agreement is hereby amended by replacing the term “Primary Collateral”
contained in the second line thereof with the term “Collateral.”

 

3

 

(i)
Subsection 5.2 of the Credit Agreement is hereby amended by deleting
clause (m) thereof in its entirety and substituting the following language
therefor:

 

“ (m) Liens which are
subordinate to the Agent’s Lien in the Collateral pursuant to an intercreditor
agreement, in form and substance satisfactory to Agent in its sole and absolute
discretion.”

 

(j)
Sections 5.6 and 5.12 of the Credit Agreement are hereby amended
by replacing each usage of the term “Primary Collateral” contained therein with
the term “Collateral.”

 

3. Conditions. The effectiveness of this
Amendment is subject to the following conditions precedent:

 

	
  (a)

  	
  the execution and delivery of this Amendment by
  each Credit Party, Agent and Required Lenders;

  
	
   

  	
   

  
	 
	
  (b)

  	
  the
  execution and delivery of an Working Capital Collateral Intercreditor
  Agreement by and among each of the Borrower, Agent, The Bank of New York, in
  its capacity as “First-Term Lienholder” thereunder, Silver Point Finance,
  LLC, in its capacity as “Second-Term Lienholder” thereunder and Goldman Sachs
  Credit Partners L.P., in its capacity as “Third-Term Lienholder” thereunder,
  in form and substance satisfactory to Agent;

  
	 
	
   

  	
   

  
	 
	
  (c)

  	
  the
  receipt by Agent, for the benefit of the Lenders, of an amendment and lien
  release fee in and amount equal to $100,000; and

  
	 
	
   

  	
   

  
	 
	
  (d)

  	
  the
  truth and accuracy of the representations and warranties contained in Section
  4 hereof in all material respects.

  
			

 

4. Representations and Warranties. Each
Credit Party hereby represents and warrants to Agent and each Lender as
follows:

 

	
  (a)

  	
  the
  representations and warranties of each Credit Party contained in the
  Financing Documents are true and correct as of the date hereof in all
  material respects, except to the extent that any such representation or
  warranty relates to a specific date, in which case such representation and
  warranty shall be true and correct as of such earlier date;

  
	
   

  	
   

  
	
  (b)

  	
  the
  execution, delivery and performance by each Credit Party, as applicable, of
  this Amendment are within its powers, have been duly authorized by all necessary
  action pursuant to its Organizational Documents, require no further action by
  or in respect of, or filing with, any governmental body, agency or official
  and do not violate, conflict with or cause a breach or a default under any
  provision of applicable law or regulation or of the Organizational Documents
  of any Credit Party or of any agreement, judgment, injunction, order, decree
  or other instrument binding upon it;

  

 

4

 

	
  (c)

  	
  this
  Amendment constitutes the valid and binding obligation of the Credit Parties,
  enforceable against such Credit Parties in accordance with its terms, except
  as the enforceability hereof may be limited by applicable bankruptcy,
  insolvency, or similar laws relating to the enforcement of creditor’s rights
  generally and by general equitable principles; and

  
	
   

  	
   

  
	
  (d)

  	
  no
  Default or Event of Default exists.

  

 

5. No Waiver. Nothing contained herein shall
be deemed to constitute a waiver of compliance with the financial covenants
contained in Article 7 of the Credit Agreement, a waiver of compliance
with any other term or condition contained in the Credit Agreement or any of
the other Financing Documents or constitute a course of conduct or dealing
among the parties. Except as expressly stated herein, Agent and Lender reserve
all rights, privileges and remedies under the Financing Documents. Except as
amended hereby, the Credit Agreement and other Financing Documents remain
unmodified and in full force and effect. All references in the Financing Documents
to the Credit Agreement shall be deemed to be references to the Credit
Agreement as amended hereby.

 

6. Severability. In case any provision of or
obligation under this Amendment shall be invalid, illegal or unenforceable in
any jurisdiction, the validity, legality and enforceability of the remaining
provisions or obligations, or of such provision or obligation in any other
jurisdiction, shall not in any way be affected or impaired thereby.

 

7. Headings. Headings and captions used in
this Amendment (including the Exhibits, Schedules and Annexes hereto, if any)
are included for convenience of reference only and shall not be given any
substantive effect.

 

8. GOVERNING LAW; SUBMISSION TO
JURISDICTION. THIS AMENDMENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED
AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF ILLINOIS, WITHOUT
REGARD TO CONFLICTS OF LAWS PRINCIPLES. EACH CREDIT PARTY HEREBY CONSENTS TO
THE JURISDICTION OF ANY STATE OR FEDERAL COURT LOCATED WITHIN THE COUNTY OF
COOK, STATE OF ILLINOIS AND IRREVOCABLY AGREES THAT, SUBJECT TO AGENT’S
ELECTION, ALL ACTIONS OR PROCEEDINGS ARISING OUT OF OR RELATING TO THIS
AMENDMENT OR THE OTHER FINANCING DOCUMENTS SHALL BE LITIGATED IN SUCH COURTS.
EACH CREDIT PARTY EXPRESSLY SUBMITS AND CONSENTS TO THE JURISDICTION OF THE
AFORESAID COURTS AND WAIVES ANY DEFENSE OF FORUM NON CONVENIENS. EACH CREDIT
PARTY HEREBY WAIVES PERSONAL SERVICE OF ANY AND ALL PROCESS AND AGREES THAT ALL
SUCH SERVICE OF PROCESS MAY BE MADE UPON SUCH PERSON BY CERTIFIED OR REGISTERED
MAIL, RETURN RECEIPT REQUESTED, ADDRESSED C/O BORROWER AT THE ADDRESS SET FORTH
IN THE CREDIT AGREEMENT AND SERVICE SO MADE SHALL BE COMPLETE TEN (10) DAYS
AFTER THE SAME HAS BEEN POSTED.

 

10. WAIVER OF JURY TRIAL.
EACH CREDIT PARTY, AGENT AND THE LENDERS HEREBY IRREVOCABLY WAIVE ANY AND ALL
RIGHT TO TRIAL BY

 

5

 

JURY IN ANY LEGAL ACTION OR PROCEEDING ARISING OUT OF
OR RELATING TO THE FINANCING DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED THEREBY
AND AGREES THAT ANY SUCH ACTION OR PROCEEDING SHALL BE TRIED BEFORE A COURT AND
NOT BEFORE A JURY.

 

11. Waiver.
Borrower and each other Credit Party, on behalf of each such Credit
Party and their respective executors, successors and assigns, hereby waives,
releases and discharges Agent and the Lenders and all of the affiliates,
directors, officers, employees, attorneys and agents of Agent and the Lenders,
from any and all claims, demands, actions or causes of action arising out of or
in any way relating to the Financing Documents occurring on or before the date
hereof and any documents, agreements, dealings or other matters connected with
the Financing Documents, including, without limitation, all known and unknown
matters, claims or transactions occurring on or before the date hereof.

 

12.  Counterparts;
Integration.  This Amendment
may be executed and delivered via facsimile with the same force and effect as
if an original were executed and may be signed in any number of counterparts,
each of which shall be an original, with the same effect as if the signatures
hereto were upon the same instrument. This Amendment constitutes the entire
agreement and understanding among the parties hereto with respect to the
subject matter hereof and supersede any and all prior agreements and
understandings, oral or written, relating to the subject matter hereof.

 

13. Reaffirmation. Each of the Credit Parties
as debtor, grantor, guarantor, assignor, as applicable, or in any other similar
capacity in which such Credit Party grants liens or security interests in its
property or otherwise acts as accommodation party or guarantor, as the case may
be, hereby (i) ratifies and reaffirms all of its payment and performance
obligations, contingent or otherwise, under each of the Financing Documents to
which it is a party (after giving effect hereto) and (ii) to the extent such
Credit Party granted liens on or security interests in any of its property
pursuant to any such Financing Document as security for or otherwise guaranteed
the Borrower’s Obligations under or with respect to the Financing Documents,
ratifies and reaffirms such guarantee and grant of security interests and liens
and confirms and agrees that such security interests and liens hereafter secure
all of the Obligations as amended hereby. Each of the Credit Parties hereby
consents to this Amendment and acknowledges that each of the Financing
Documents remains in full force and effect and is hereby ratified and
reaffirmed. The execution of this Amendment shall not operate as a waiver of any
right, power or remedy of the Agent or Lenders, constitute a waiver of any
provision of any of the Financing Documents or serve to effect a novation of
the Obligations.

 

[ Remainder
of Page Intentionally Left Blank; Signature Page Follows ]

 

6

 

IN WITNESS WHEREOF, the parties have executed this
Amendment as of the date set forth above.

 

	
   

  	
  CREDIT PARTIES:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  RELIANT PHARMACEUTICALS, INC., a

  	
   

  
	
   

  	
  Delaware
  corporation

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  RP SUB NO. 1, INC., a Delaware corporation

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  AGENT AND LENDERS:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  MERRILL LYNCH CAPITAL, a division of

  	
   

  
	
   

  	
  Merrill
  Lynch Business Financial Services Inc.,

  	
   

  
	
   

  	
  as
  Agent and as a Lender

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Second
  Amendment to Credit Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}]]