Document:

Exhibit

EXHIBIT 10.156
Summary of Annual Corporate Performance Bonus Plan for Executives
(as of February 2016)

Performance Goals and Targets

The annual bonus plan performance goals are individually weighted as set forth below. If all goals are achieved, executives will receive 200% of their target bonus amount. The annual bonus plan consists of three primary measurement categories relating to Company operations: Safety & Compliance, System Performance, and Financial. Each goal operates independently, such that payout will occur with respect to those goals for which the related numerical targets have been achieved even though the numerical targets relating to one or more other goals may not be achieved. There is no payout on any goal for which the related numerical target is not achieved. The goals, numerical targets relating to each goal, and a description of any adjustments to be made in determining whether the goal has been achieved, are established annually upon approval by the Compensation Committee. Goals and payout weighting approved for 2016 are as follows:

	
			
	 

	 
	 
	 

	Category
	Goal
	Potential Payout

	Safety & Compliance
10% weight/20% Maximum Potential Payout
	Safety as measured by lost time
	5%

	 
	Safety as measured by recordable incidents
	5%

	 
	Infrastructure protection as measured by cyber security performance
	5%

	 
	Infrastructure protection as measured by physical security performance
	5%

	System Performance
30% Weight/60% Maximum Potential Payout
	ITCTransmission outage frequency
	5%

	 
	METC outage frequency
	5%

	 
	ITC Midwest outage frequency
	5%

	 
	ITC Midwest outage restoration
	5%

	 
	ITCTransmission Field Operation and Maintenance Plan
	5%

	 
	METC Field Operation and Maintenance Plan
	5%

	 
	ITC Midwest Field Operation and Maintenance Plan
	5%

	 
	ITCTransmission, METC, ITC Midwest, and ITC Great Plains Capital Project Plan on a Combined Basis
	15%-25%

	Financial
60% Weight/120% Maximum Potential Payout
	Non-field Operation and Maintenance Expense
	10%

	 
	Net Income (1)
	5%-10%

	 
	Total Shareholder Return (TSR)  (2)
	20%-100%

	 
	Total
	200%

	
		
	(1)
	Net Income is defined as net income at ITC Holdings Corp.’s four operating subsidiaries, which are International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; excluding certain items, including, without limitation, changes in accounting standards or tax laws.  Targets to be adjusted for any potential impacts associated with the changes to MISO ROE refund estimate (and associated interest expense) assumed in the budget, amounts recognized for actual or probable rate refunds (including interest expense) as a result of Section 205 or 206 proceedings at FERC (including retroactive and prospective effects of any items requiring refunds when not included in establishing the targets), the impact associated with asset impairments and gains/losses associated with debt extinguishment.  Targets assume that bonus depreciation is not used by the company.  Should the company elect or be directed to elect bonus depreciation, actual amounts will be calculated as if bonus depreciation was not elected for current year or prior periods for purposes of measuring achievement of the goal.  

	
		
	(2)
	TSR is compared to the Dow Jones Utility Average Index companies. TSR must be positive for the year and must exceed the 50 th percentile of the Dow Jones Utility Average Companies before there will be any payout for meeting this goal, as illustrated below:

	
		
	Total Return to Shareholders Relative to Each of the Dow Jones Utility Average Companies
	Bonus

	1st to 50th percentile
	0%

	51st to 60th percentile
	20%

	61st to 70th percentile
	40%

	71st to 80th percentile
	60%

	81st to 90th percentile
	80%

	91st to 100th percentile
	100%

Total return to shareholders for the calendar year shall be computed as follows:

A: Calculate the average of the closing prices 90 business days leading up to and including December 31, 2015
B: Calculate the average of the closing prices 90 business days leading up to and including December 31, 2016
C: Calculate total dividends paid per share during the calendar year
Total Return to Shareholders: (B - A + C)/A

Calculation of Bonus Award

Bonuses are based on target bonus amounts, which for each executive is a percentage of his or her base salary, as determined from time to time by the Compensation Committee. The amount of the bonus for each executive for any calendar year is determined in accordance with the following formula:

Base Salary x
Target Bonus (% of base salary) x
% Achievement of Corporate Goals
= Annual Bonus Amount

Timing of Payment of Bonus Award

In order to comply with Section 409A of the Internal Revenue Code, all amounts paid pursuant to the bonus program described in this Summary shall be paid out in cash within two and half months after the end of the calendar year.Exhibit

EXHIBIT 4.1

FIRST AMENDMENT TO
THIRD AMENDED AND RESTATED CREDIT AGREEMENT

THIS FIRST AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT (this "Amendment") is entered into as of August 6, 2015, among OUTERWALL INC., a Delaware corporation (the "Borrower"), certain Subsidiaries of the Borrower (the "Guarantors"), the Required Lenders as defined in the Credit Agreement (hereinafter defined) (the "Required Lenders"), and BANK OF AMERICA, N.A., as the Administrative Agent for the Lenders (in such capacity, the "Administrative Agent'').

A.The Borrower, the Lenders (as defined in the Credit Agreement) and the Administrative Agent are party to that certain Third Amended and Restated Credit Agreement initially dated as of November 20, 2007 and amended and restated as of April 29, 2009, as of July 15, 2011, and as of June 24, 2014 (as the same may be further amended, modified, supplemented, restated or amended and restated from time to time, the "Credit Agreement").

B.The Borrower has requested that the Credit Agreement be amended in certain respects.

In consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

1.    Terms and References. Unless otherwise stated in this Amendment, (a) terms defined in the Credit Agreement have the same meanings when used in this Amendment and (b) references to "Sections" are to the Credit Agreement's sections.

2.    Amendments.

(a)Section 1.01 of the Credit Agreement is amended  to insert the following definition in appropriate alphabetical order to read as follows:

"First Amendment" means the First Amendment to this Agreement dated as of August 6, 2015.

(b)Section 3.01(e)(ii)(D) of the Credit Agreement is amended and restated in its entirety to read as follows:

"(D)     if a payment made to a Lender under any Loan Document would be subject to U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable),  such Lender shall deliver to the applicable Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by such Borrower or the Administrative Agent such documentation prescribed by applicable Law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by such Borrower or the Administrative Agent as may be necessary for such Borrower and the Administrative Agent to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender's obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), "FATCA" shall include any amendments made to FATCA after the date of this Agreement. For purposes of determining  withholding Taxes imposed under FATCA, from and after the effective date of the First Amendment, the Borrowers and the Administrative Agent shall treat (and the Lenders hereby authorize the Administrative Agent to treat) the Agreement as not qualifying as a "grandfathered obligation" within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i)."

(c)Section 7.06 of the Credit Agreement is amended to insert a new clause (f) in appropriate alphabetical order to read in its entirety as follows:

"(f)     the Company may make Restricted Payments of cash dividends to common  shareholders of the Company not to exceed an aggregate amount of $35,000,000 in any fiscal year, which payments shall not be subject to the limitations set forth in clause (e) of this Section 7.06; provided that any such Restricted Payments made under this clause (f) shall be disclosed on each Compliance Certificate delivered by the Company under the Credit Agreement."

(d)Exhibit D of the Credit Agreement is restated in its entirety to read as set forth on Exhibit D attached to this Amendment.

3.     Conditions Precedent to Effectiveness of Amendment. This Amendment shall not be effective until the Administrative Agent receives the following:

(a)counterparts of this Amendment executed by the Borrower, the Guarantors, the Required Lenders and the Administrative Agent;

(b)payment of all reasonable expenses, including reasonable legal fees and expenses of counsel to the Administrative Agent, incurred by the Administrative Agent in connection with this Amendment, to the extent invoiced to the Borrower on or prior to the date hereof; and

(c)such other agreements, documents, instruments  and items as the Administrative Agent may reasonably request.

4.     Representations. The Borrower represents and warrants to the Administrative Agent and the Lenders as follows:

(a)The execution, delivery and performance by the Borrower  of this Amendment and the Credit Agreement, as amended hereby, have been duly authorized by all necessary corporate action.

(b)All representations  and warranties made or deemed made by the Borrower in the Loan Documents are true and correct as of the date hereof, except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties were true and accurate on and as of such earlier date) and except that for purposes of such representations and warranties, the representations and warranties contained in subsections (a) and (b) of Section 5.05 of the Credit Agreement shall be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 6.01 of the Credit Agreement.

(c)    Since December 31, 2014, there has been no event or circumstance, either individually or in the aggregate, that has had or could reasonably be expected to have a Material Adverse Effect.

(d)    No Default or Event of Default has occurred and is continuing as of the  date hereof.

5.     Effect of Amendment.  This Amendment is a Loan Document. Except as expressly modified and amended by this Amendment, all of the terms, provisions and conditions of the Loan Documents, and the Liens created thereby, shall remain unchanged and in full force and effect and are hereby ratified and confirmed. The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents. If any part of this Amendment is for any reason found to be unenforceable, all other portions of it shall nevertheless remain enforceable. The Loan Documents and any and all other documents heretofore, now or hereafter executed and delivered pursuant to the terms of the Credit Agreement arc hereby amended so that any reference to the Credit Agreement shall mean a reference to the Credit Agreement amended by this Amendment.

6.     Expenses. The Borrower shall pay all reasonable fees and expenses paid or incurred by the Administrative Agent incident to this Amendment, including, without limitation, the reasonable fees and expenses of the Administrative Agent's counsel in connection with the negotiation, preparation, delivery and execution of this Amendment and any related documents.

7.     Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the State of New York, without regard to conflict of laws principles.

8.     Counterparts. This Amendment may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which taken together shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page to this Amendment by telecopier or by electronic mail shall be effective as delivery of a manually executed counterpart of this Amendment.

9.    ENTIRETY.    THIS AMENDMENT, THE CREDIT AGREEMENT, AND THE OTHER LOAN DOCUMENTS EMBODY THE ENTIRE AGREEMENT BETWEEN THE PARTIES AND SUPERCEDE ALL PRIOR AGREEMENTS AND UNDERSTANDINGS, IF ANY, RELATING TO THE SUBJECT MATTER HEREOF. THESE LOAN  DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.

10.    Parties.    This Amendment binds and inures to the benefit of the Borrower, the Guarantors, the Administrative Agent, the Lenders and their respective successors and permitted assigns.

[REMAINDER OF PAGE INTENTIONALLY BLANK. 
SIGNATURE PAGES FOLLOW.]

	
		
	OUTERWALL INC., as the Borrower

	By:
	/s/ Galen C. Smith

	Name:
	Galen C. Smith

	Title:
	Chief Financial Officer

	 
	 

	BANK OF AMERICA, N.A., as the Administrative Agent

	By:
	/s/ Angela Larkin

	Name:
	Angela Larkin

	Title:
	Assistant Vice President

	 
	 

	BANK OF AMERICA, N.A., as a Lender

	By:
	/s/ Anthony Eastman

	Name:
	Anthony Eastman

	Title:
	Vice President

	 
	 

	HSBC BANK USA, NATIONAL ASSOCIATION, as a Lender

	By:
	/s/ Thomas O'Connell

	Name:
	Thomas O'Connell

	Title:
	Senior Vice President

	 
	 

	ROYAL BANK OF CANADA, as a Lender

	By:
	/s/ Julia Ivanova

	Name:
	Julia Ivanova

	Title:
	Authorized Signatory

	 
	 

	U.S. BANK NATIONAL ASSOCIATION, as a Lender

	By:
	/s/ Kurban H. Merchant

	Name:
	Kurban H. Merchant

	Title:
	Vice President

	 
	 

	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Lender

	By:
	/s/ Susan J. Swerdloff

	Name:
	Susan J. Swerdloff

	Title:
	Managing Director

	 
	 

	MORGAN STANLEY BANK, N.A., as a Lender

	By:
	/s/ John Durland

	Name:
	John Durland

	Title:
	Authorized Signatory

	 
	 

	COMERICA BANK, as a Lender

	By:
	/s/ Walter Weston

	Name:
	Walter Weston

	Title:
	Vice President

                                

	
		
	COLUMBIA STATE BANK, as a Lender

	By:
	/s/ Kevin N Meabon

	Name:
	Kevin N Meabon

	Title:
	Senior Vice President

	 
	 

	BANK OF THE WEST, as a Lender

	By:
	/s/ Bruce Kendrex

	Name:
	Bruce Kendrex

	Title:
	Director

	 
	 

	GUARANTORS:

	 
	 

	CLOVER ONE, LLC
By:        Outerwall Inc., its sole manager

	By:
	/s/ Donald R. Rench

	Name:
	Donald R. Rench

	Title:
	Chief Legal Officer, General Counsel and Corporate Secretary

	 
	 

	COINSTAR INTERNATIONAL, INC.

	By:
	/s/ Donald R. Rench

	Name:
	Donald R. Rench

	Title:
	Secretary

	 
	 

	COINSTAR PROCUREMENT, LLC
By:        Outerwall Inc., its sole manager

	By:
	/s/ Donald R. Rench

	Name:
	Donald R. Rench

	Title:
	Chief Legal Officer, General Counsel and Corporate Secretary

	 
	 

	CUHL FOODS, LLC
By:        CUHL Holdings, LLC, its sole manager

	By:
	/s/ Donald R. Rench

	Name:
	Donald R. Rench

	Title:
	Vice President and Secretary

	 
	 

	CUHL HOLDINGS, LLC
By:        Outerwall Inc., its sole manager

	By:
	/s/ Donald R. Rench

	Name:
	Donald R. Rench

	Title:
	Chief Legal Officer, General Counsel and Corporate Secretary

                                	
		
	ecoATM, INC.

	By:
	/s/ Nora M. Denzel

	Name:
	Nora M. Denzel

	Title:
	Interim President

	 
	 

	REDBOX AUTOMATED RETAIL, LLC

	By:
	/s/ Donald R. Rench

	Name:
	Donald R. Rench

	Title:
	Vice President

	 
	 

	REDBOX INCENTIVES LLC
By:        Redbox Automated Retail, LLC, its sole member

	By:
	/s/ Donald R. Rench

	Name:
	Donald R. Rench

	Title:
	Vice President

	 
	 

	RAR VENTURES LLC
By:       Redbox Automated Retail, LLC, its sole manager

	By:
	/s/ Donald R. Rench

	Name:
	Donald R. Rench

	Title:
	Vice President

	 
	 

	SESAME HOLDINGS, LLC
By:        Outerwall Inc., its sole manager

	By:
	/s/ Donald R. Rench

	Name:
	Donald R. Rench

	Title:
	Chief Legal Officer, General Counsel and Corporate Secretary

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