Document:

exv4w1

Exhibit 4.1

 

THIRD SUPPLEMENTAL INDENTURE

Dated as of August 13, 2010

Between

GREAT PLAINS ENERGY INCORPORATED,

As Issuer

and

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,

As Trustee

Creating 2.75% Notes Due 2013

 

 

 

          THIS THIRD SUPPLEMENTAL INDENTURE (the “Supplemental Indenture”), dated as of August 13, 2010,
between GREAT PLAINS ENERGY INCORPORATED, a Missouri corporation (“Company”), and THE BANK OF NEW
YORK MELLON TRUST COMPANY, N.A., a national banking association (successor to BNY Midwest Trust
Company), as Trustee (“Trustee”).

W I T N E S S E T H:

          WHEREAS, the Company has heretofore executed and delivered to the Trustee an Indenture, dated
as of June 1, 2004 (the “Original Indenture” and, as previously and hereby supplemented, the
“Indenture”), providing for the issuance from time to time of one or more series of the Company’s
Notes;

          WHEREAS, pursuant to the terms of the Indenture, the Company desires to provide for the
establishment of a series of Notes to be designated as the “2.75% Notes due 2013” (the “2013
Notes”), the form and substance of the 2013 Notes and the terms, provisions and conditions thereof
to be set forth as provided in the Original Indenture and this Supplemental Indenture;

          WHEREAS, Section 2.05(c) of the Original Indenture provides that various matters with respect
to any series of Notes issued under the Indenture may be established in an indenture supplemental
to the Indenture;

          WHEREAS, Section 13.01(a)(3) of the Original Indenture provides that the Company and the
Trustee may enter into an indenture supplemental to the Indenture to establish the form or terms of
Notes of any series as permitted by Sections 2.01 and 2.05 of the Original Indenture; and

          WHEREAS, all acts and things necessary to make this Supplemental Indenture, when duly executed
and delivered, a valid, binding and legal instrument in accordance with its terms and for the
purposes herein expressed, have been done and performed; and the execution and delivery of this
Supplemental Indenture have been in all respects duly authorized.

          NOW, THEREFORE, in consideration of the premises and in further consideration of the sum of
One Dollar in lawful money of the United States of America paid to the Company by the Trustee at or
before the execution and delivery of this Supplemental Indenture, the receipt whereof is hereby
acknowledged, and of other good and valuable consideration, it is agreed by and between the Company
and the Trustee as follows:

ARTICLE ONE

Relation to Indenture; Additional Definitions

          Section 1.01. Relation to Indenture. This Supplemental Indenture constitutes an integral part
of the Original Indenture.

 

 

          Section 1.02. Additional Definitions. For all purposes of this Supplemental Indenture,
capitalized terms used herein shall have the respective meanings specified below or in the Original
Indenture, as the case may be.

          “Comparable Treasury Issue” means the United States Treasury security selected by the
Quotation Agent as having a maturity comparable to the remaining term of the 2013 Notes to
be redeemed that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of
comparable maturity to the remaining term of the 2013 Notes.

          “Comparable Treasury Price” means, with respect to any redemption date, (1) the average
of four Reference Treasury Dealer Quotations for such redemption date, after excluding the
highest and lowest such Reference Treasury Dealer Quotations, or (2) if the Quotation Agent
obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such
quotations, or (3) if only one such Reference Treasury Dealer Quotation is received, such
quotation.

          “Corporate Trust Office” means the designated office of the Trustee at which at any
particular time its corporate trust business shall be administered, which office at the date
hereof is located at 2 North LaSalle Street, Suite 1020, Chicago, Illinois 60602, Attention:
Corporate Trust Administration; telecopy: (312) 827-8542.

          “entity” means any corporation, partnership (general, limited, limited liability or
other), company (limited liability, joint-stock or other), joint venture or trust.

          “Lien” means any mortgage, pledge, security interest, encumbrance or lien of any kind.

          “Majority-Owned Subsidiary” means any corporation or other entity of which at least a
majority of the securities or other ownership interest having ordinary voting power
(absolutely or contingently) for the election of directors or other Persons performing
similar functions are at the time owned directly by the Company.

          “Maturity Date” has the meaning set forth in Section 2.03.

          “Note Registrar” means The Bank of New York Mellon Trust Company, N.A., hereby
appointed as an agency of the Company in accordance with Section 6.02 of the Original
Indenture.

          “Original Indenture” has the meaning set forth in the first paragraph of the Recitals
hereof.

          “Permitted Securitization” means any sale and/or contribution, or series of related
sales and/or contributions, by the Company or any of its Subsidiaries of accounts
receivables, payment intangibles, notes receivable and related rights and property
(collectively, “receivables”) or interests therein to a trust, corporation or other entity,
where the purchase of such receivables or interests therein is funded in whole or in part by
the incurrence or issuance by the purchaser or any successor purchaser of

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indebtedness or securities that are to receive payments from, or that represent
interests in, the cash flow derived primarily from such receivables or interests therein.

          “Quotation Agent” means a Reference Treasury Dealer appointed by the Company.

          “Reference Treasury Dealer” means (1) each of Barclays Capital Inc. and BNP Paribas
Securities Corp. (or their affiliates), and their respective successors, unless either of
them ceases to be a primary U.S. government securities dealer in the United States of
America (“Primary Treasury Dealer”), in which case the Company will substitute therefor
another Primary Treasury Dealer and (2) two other Primary Treasury Dealers selected by the
Company.

          “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury
Dealer and any redemption date, the average, as determined by the Quotation Agent, of the
bid and asked prices for the Comparable Treasury Issue (expressed in each case as a
percentage of its principal amount) quoted in writing to the Quotation Agent by such
Reference Treasury Dealer at 5:00 p.m., New York City time, on the third business day
preceding such redemption date.

          “Treasury Rate” means, with respect to any redemption date, the rate per annum equal to
the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a
price for the Comparable Treasury Issue (expressed as a percentage of its principal amount)
equal to the Comparable Treasury Price for such redemption date.

          “2013 Notes” has the meaning set forth in the second paragraph of the Recitals hereof.

          All references herein to Articles, Sections or Exhibits, unless otherwise specified, refer to
the corresponding Articles, Sections or Exhibits of this Supplemental Indenture. The terms
“herein,” “hereof,” “hereunder” and other words of similar import refer to this Supplemental
Indenture.

ARTICLE TWO

The Series of Notes

          Section 2.01. Title of the Notes. The 2013 Notes shall be designated as the “2.75% Notes due
2013.”

          Section 2.02. Limitation on Aggregate Principal Amount. The Trustee shall authenticate and
deliver 2013 Notes for original issue on the Issue Date in the aggregate principal amount of
$250,000,000, upon a Company Order for the authentication and delivery thereof and satisfaction of
Sections 2.01(a) and 2.05(c) of the Original Indenture. Such order shall specify the amount of the
2013 Notes to be authenticated, the date on which the original issue of 2013 Notes is to be
authenticated and the name or names of the initial Holder or Holders. The aggregate principal
amount of 2013 Notes that may initially be outstanding shall

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not exceed $250,000,000; provided, however, that the authorized aggregate principal amount of
the 2013 Notes may be increased above such amount without the consent of the Holders of any then
outstanding 2013 Notes by a Board Resolution authorizing such increase. Notwithstanding anything
to the contrary in the Indenture, the Company shall not issue additional 2013 Notes after August
13, 2010 unless the Holders of the outstanding 2013 Notes will be subject to federal income tax in
the same amounts, in the same manner and at the same times as would have been the case if such
additional 2013 Notes were not issued.

          Section 2.03. Stated Maturity. The Stated Maturity of the 2013 Notes shall be August 15, 2013
(the “Maturity Date”).

          Section 2.04. Interest and Interest Rate.

          (a) The 2013 Notes shall bear interest at the rate of 2.75% per annum, from and including
their Original Issue Date of August 13, 2010, or from the most recent Interest Payment Date to
which interest has been paid to, but excluding, the Maturity Date. Such interest shall be payable
semiannually in arrears, on the Interest Payment Dates of February 15 and August 15 in each year,
commencing February 15, 2011. Interest accrued on the 2013 Notes from the last Interest Payment
Date before the Maturity Date shall be payable on the Maturity Date.

          (b) The interest so payable, and punctually paid or duly provided for, on any Interest Payment
Date shall be paid to the Persons in whose names the 2013 Notes (or one or more predecessor
securities) are registered on the Regular Record Date for such Interest Payment Date, being the
close of business on the immediately preceding February 1 and August 1, as the case may be, whether
or not such day is a Business Day.

          Section 2.05. Place of Payment. Principal and interest payments on the 2013 Notes will be
made by the Company to The Depository Trust Company (“DTC”) while it is the Depositary for the 2013
Notes, or if DTC shall cease to be the Depositary for the 2013 Notes, to the Trustee at its
offices, as paying agent.

          Section 2.06. Place of Registration or Exchange; Notices and Demands With Respect to the 2013
Notes. The place where the Holders of the 2013 Notes may present the 2013 Notes for registration
of transfer or exchange and may make notices and demands to or upon the Company in respect of the
2013 Notes shall be the Corporate Trust Office of the Trustee.

          Section 2.07. Global Notes.

          (a) 2013 Notes shall be issuable in whole or in part in the form of one or more permanent
Global Notes in definitive, full registered, book-entry form, without interest coupons. The Global
Note shall be deposited on its issuance date with, or on behalf of, the Depositary.

          (b) DTC shall initially serve as Depositary with respect to the Global Note. Such Global Note
shall bear the legend set forth in the form of Note attached as Exhibit A.

          Section 2.08. Form of Securities. The Global Note shall be substantially in the form attached
as Exhibit A.

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          Section 2.09. Note Registrar. The Trustee shall initially serve as the Note Registrar for the
2013 Notes.

          Section 2.10. Sinking Fund Obligations. The Company shall have no obligation to redeem or
purchase any 2013 Notes pursuant to any sinking fund or analogous requirement or upon the happening
of a specified event or at the option of a Holder thereof.

          Section 2.11. Limitation on Liens.

          (a) So long as any 2013 Notes remain outstanding, the Company shall not issue, assume,
guarantee or permit to exist any indebtedness for borrowed money secured by a Lien on any shares of
capital stock or other equity interests of any Majority-Owned Subsidiary, which shares of capital
stock or other equity interests the Company now or hereafter directly owns, without effectively
securing the 2013 Notes equally and ratably with (or prior to) that indebtedness. The foregoing
limitation does not limit the following Liens and indebtedness:

          (i) any Lien on shares of capital stock or other equity interests of an entity existing
at the time that such entity becomes a Majority-Owned Subsidiary;

          (ii) any Lien on shares of capital stock or other equity interests created at the time
the Company acquires those shares of capital stock or other equity interests, or within 270
days after that time, to secure all or a portion of the purchase price for those shares of
capital stock or other equity interests;

          (iii) any Lien on shares of capital stock or other equity interests in favor of the
United States (or any State or territory thereof), any foreign country or any department,
agency or instrumentality or political subdivision of those jurisdictions, to secure payment
pursuant to any contract or statute;

          (iv) any Lien on shares of capital stock or other equity interests arising in
connection with court proceedings; provided that either: (1) the execution or enforcement of
that Lien is effectively stayed within 30 days after entry of the corresponding judgment (or
the corresponding judgment has been discharged within that 30 day period) and the claims
secured by that Lien are being contested in good faith by appropriate proceedings; (2) the
payment of that Lien is covered in full by insurance and the insurance provider has not
denied or contested coverage; or (3) so long as that Lien is adequately bonded, any
appropriate legal proceedings that have been duly initiated for the review of the
corresponding judgment, decree or order have not been fully terminated or the periods within
which those proceedings may be initiated have not expired;

          (v) any Lien on shares of capital stock or other equity interests in favor of the
Company;

          (vi) any Lien on shares of capital stock or other equity interests of any special
purpose subsidiary formed for the sole and exclusive purpose of the acquisition,
development, ownership or operation of an asset with indebtedness as to which there is no
recourse to the Company or any of its affiliates other than such subsidiary;

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          (vii) any Lien on shares of capital stock or other equity interests of any special
purpose, bankruptcy-remote subsidiary formed for the sole and exclusive purpose of engaging
in activities in connection with the purchase, sale and financing of accounts receivable,
payment intangibles, accounts or notes receivable and related rights and property in
connection with and pursuant to a Permitted Securitization; and

          (viii) the replacement, extension or renewal of any Lien referred to above, provided
that: (1) the principal amount of indebtedness secured by those Liens immediately after the
replacement, extension or renewal may not exceed the principal amount of indebtedness
secured by those Liens immediately before the replacement, extension or renewal; and (2) the
replacement, extension or renewal Lien is limited to no more than the same proportion of the
 shares of capital stock or other equity interests as were covered by the Lien that was
replaced, extended or renewed.

          (b) The provisions of this Section 2.11 shall be an “additional covenant” for purposes of
Section 5.04 of the Indenture and subject to covenant defeasance in accordance with Section 5.04 of
the Indenture, including, without limitation, Section 5.04(g) (such that following a covenant
defeasance with respect to the 2013 Notes, payment on the 2013 Notes may not be accelerated because
of a default under or other reference to this Section 2.11).

ARTICLE THREE

Optional Redemption of the 2013 Notes

          Section 3.01. Redemption Price. The Company shall have the right to redeem the 2013 Notes, at
its option, at any time in whole, or from time to time in part, at a redemption price equal to the
greater of:

          (i) 100% of the principal amount of the 2013 Notes to be redeemed; and

          (ii) the sum of the present values of the remaining scheduled payments of principal and
interest on the 2013 Notes to be redeemed (not including any portion of such payments of
interest accrued as of the date of redemption), discounted to the date of redemption on a
semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the
Treasury Rate, plus 30 basis points;

plus, in each case, accrued and unpaid interest on the principal amount being redeemed to the
redemption date.

          Notwithstanding the foregoing, installments of interest on the 2013 Notes that are due and
payable on an Interest Payment Date falling on our prior to a redemption date shall be payable on
such Interest Payment Date to the Holders as of the close of business on the relevant Record Date.

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ARTICLE FOUR

Miscellaneous Provisions

          Section 4.01. The Indenture, as supplemented by this Supplemental Indenture, is in all
respects hereby adopted, ratified and confirmed.

          Section 4.02. This Supplemental Indenture may be executed in any number of counterparts, each
of which shall be an original, but such counterparts shall together constitute but one and the same
instrument.

          Section 4.03. THIS SUPPLEMENTAL INDENTURE AND EACH 2013 NOTE SHALL BE GOVERNED BY AND DEEMED
TO BE A CONTRACT MADE UNDER, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK
AND FOR ALL PURPOSES SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK
WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF.

          Section 4.04. If any provision in this Supplemental Indenture limits, qualifies or conflicts
with another provision hereof that is required to be included herein by any provisions of the Trust
Indenture Act, such required provision shall control.

          Section 4.05. In case any provision in this Supplemental Indenture or the 2013 Notes shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining
provisions shall not in any way be affected or impaired thereby.

          Section 4.06. The recitals contained herein shall be taken as the statements of the Company,
and the Trustee assumes no responsibility for their correctness. The Trustee makes no
representations as to the proper authorization or due execution hereof or of the 2013 Notes by the
Company or as to the validity or sufficiency of this Supplemental Indenture or the 2013 Notes. The
Trustee shall not be accountable for the use or application by the Company of the 2013 Notes or the
proceeds of the 2013 Notes.

*    *    *    *

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     IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed as of the day and year first above written.

	 	 	 	 	 
	 	GREAT PLAINS ENERGY INCORPORATED 
	 
	 	By  	                        /s/ James C. Shay
 	 
	 	 	Name:  	James C. Shay 	 
	 	 	Title:  	Senior Vice President—Finance and

Strategic Development and
 Chief Financial
Officer 	 
	 

	 	 	 	 	 

	[CORPORATE SEAL]	 	 
	 
	 	 	 	 
	ATTEST:	 	 
	 
	 	 	 	 
	By

	 	/s/ Mark G. English
 

Name: Mark G. English
	 	 
	 

	 	Title: Assistant Secretary	 	 

	 	 	 	 	 
	 	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,

 	 
	 	By  	/s/ M. Callahan
 	 
	 	 	Name:  	M. Callahan 	 
	 	 	Title:  	Vice President 	 

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	STATE OF MISSOURI

	 	 	)	 	 	 
	 

	 	 	)	 	 	ss.
	COUNTY OF JACKSON

	 	 	)	 	 	 

          On the 13th day of August, 2010, before me personally came James C. Shay, to me known, who,
being by me duly sworn, did depose and say that he is Senior Vice President—Finance and Strategic
Development and Chief Financial Officer of GREAT PLAINS ENERGY INCORPORATED, one of the
corporations described in and which executed the above instrument; that he knows the corporate seal
of said corporation; that the seal affixed to the said instrument is such corporate seal; that it
was so affixed by authority of the Board of Directors of said corporation; and that he signed his
name thereto by like authority.

[NOTARIAL SEAL]

	 	 	 	 	 

	 

	 	/s/ Barbara P. Fillinger
 

Notary Public
	 	 

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	STATE OF MISSOURI

	 	 	)	 	 	 
	 

	 	 	)	 	 	ss.
	COUNTY OF JACKSON

	 	 	)	 	 	 

          On the 13th day of August, 2010, before me personally came Mark G. English, to me known, who,
being by me duly sworn, did depose and say that he is Assistant Secretary of GREAT PLAINS ENERGY
INCORPORATED, one of the corporations described in and which executed the above instrument; that he
knows the corporate seal of said corporation; that the seal affixed to the said instrument is such
corporate seal; that it was so affixed by authority of the Board of Directors of said corporation;
and that he signed his name thereto by like authority.

[NOTARIAL SEAL]

	 	 	 	 	 

	 

	 	/s/ Barbara P. Fillinger
 

Notary Public
	 	 

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Exhibit A

[FORM OF NOTE]

     [Certificated Note]

For as long as this Global Note is deposited with or on behalf of The Depository Trust Company it
shall bear the following legend. Unless this certificate is presented by an authorized
representative of The Depository Trust Company, a New York corporation (“DTC”), to Great Plains
Energy Incorporated or its agent for registration of transfer, exchange, or payment, and any
certificate issued is registered in the name of Cede & Co. or in such other name as is requested by
an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity
as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof,
Cede & Co., has an interest herein.

GREAT PLAINS ENERGY INCORPORATED

2.75% Notes due 2013

	 	 	 

	Interest Rate: 2.75% per annum

	 	Principal Sum $                    
	Maturity Date: August 15, 2013

	 	CUSIP No. 391164 AD2
	Registered Holder:                                         
	 	 

          GREAT PLAINS ENERGY INCORPORATED, a Missouri corporation (hereinafter called the “Company”,
which term includes any successor corporation under the Indenture hereinafter referred to), for
value received, hereby promises to pay to the registered Holder named above or registered assigns,
on the maturity date stated above, the principal sum stated above and to pay interest thereon from
August 13, 2010, or from the most recent Interest Payment Date to which interest has been duly paid
or provided for, initially on February 15, 2011, and thereafter semi-annually on February 15 and
August 15 of each year, at the interest rate stated above, until the date on which payment of such
principal sum has been made or duly provided for. The interest so payable on any Interest Payment
Date will be paid to the person in whose name this Note is registered at the close of business on
the February 1 or August 1, as the case may be (whether or not such day is a Business Day),
immediately preceding that Interest Payment Date, except as otherwise provided in the Indenture.

          The principal and interest payments on this Note will be made by the Company to the registered
Holder named above. All such payments shall be made in such coin or currency of the United States
of America as at the time of payment is legally tender for payment of public and private debts.

          This Note is one of a duly authorized issue of notes of the Company (herein called the
“Notes”), issued under an Indenture, dated as of June 1, 2004, as supplemented by the Third
Supplemental Indenture, dated as of August 13, 2010 (herein called the “Indenture,” which term
shall have the meaning assigned to it in such instruments), between the Company and The Bank

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of New York Mellon Trust Company, N.A. (successor to BNY Midwest Trust Company), as Trustee
(herein called the “Trustee,” which term includes any successor trustee under the Indenture).
Reference is made to the Indenture and any supplemental indenture thereto for the provisions
relating, among other things, to the respective rights of the Company, the Trustee and the Holders
of the Notes, and the terms on which the Notes are authenticated and delivered. This Note is one
of the series designated on the face hereof, initially limited in aggregate principal amount to
$250,000,000; provided, however, that the authorized aggregate principal amount of the Notes may be
increased above such amount by a Board Resolution authorizing such increase. Notwithstanding
anything to the contrary in the Indenture, the Company shall not issue additional Notes after
August 13, 2010 unless the Holders of the outstanding Notes will be subject to federal income tax
in the same amounts, in the same manner and at the same times as would have been the case if such
additional Notes were not issued.

          The Company shall have the right to redeem the Notes of this series, at its option, at any
time in whole, or from time to time in part, at a redemption price equal to the greater of (i) 100%
of the principal amount to be redeemed and (ii) the sum of the present values of the remaining
scheduled payments of principal and interest on the Notes to be redeemed (not including any portion
of such payments of interest accrued as of the date of redemption), discounted to the date of
redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at
the Treasury Rate plus 30 basis points; plus, in each case, accrued and unpaid interest on the
principal amount of the Notes being redeemed to the redemption date.

          For purposes of determining the redemption price:

          “Comparable Treasury Issue” means the United States Treasury security selected by the
Quotation Agent as having a maturity comparable to the remaining term of the Notes to be redeemed
that would be utilized, at the time of selection and in accordance with customary financial
practice, in pricing new issues of corporate debt securities of comparable maturity to the
remaining term of the Notes.

          “Comparable Treasury Price” means, with respect to any redemption date, (1) the average of
four Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and
lowest such Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than
four such Reference Treasury Dealer Quotations, the average of all such quotations, or (3) if only
one such Reference Treasury Dealer Quotation is received, such quotation.

          “Quotation Agent” means a Reference Treasury Dealer appointed by the Company.

          “Reference Treasury Dealer” means (1) each of Barclays Capital Inc. and BNP Paribas Securities
Corp. (or their affiliates), and their respective successors, unless either of them ceases to be a
primary U.S. government securities dealer in the United States of America (“Primary Treasury
Dealer”), in which case the Company will substitute therefor another Primary Treasury Dealer and
(2) two other Primary Treasury Dealers selected by the Company.

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          “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer
and any redemption date, the average, as determined by the Quotation Agent, of the bid and asked
prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal
amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer at 5:00 p.m.,
New York City time, on the third business day preceding such redemption date.

          “Treasury Rate” means, with respect to any redemption date, the rate per annum equal to the
semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the
Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the
Comparable Treasury Price for such redemption date.

          The Indenture contains provisions for defeasance at any time of (i) the entire indebtedness of
this Note and (ii) the Company’s obligations under the Indenture and this Note with respect to
certain covenants and related Events of Default, upon compliance by the Company with certain
conditions set forth in the Indenture.

          If an Event of Default with respect to the Notes shall occur and be continuing, the principal
of this Note may be declared due and payable in the manner and with the effect provided in the
Indenture.

          The Indenture permits, with certain exceptions as therein provided, the amendment thereof and
the modification of the rights and obligations of the Company and the rights of the Holders of the
securities of each series to be affected under the Indenture at any time by the Company and the
Trustee with the consent of the Holders of a majority in aggregate principal amount of the
securities at the time outstanding of all series to be affected, considered as one class. The
Indenture contains provisions permitting the Holders of a majority in aggregate principal amount of
the securities of any series at the time outstanding, on behalf of the Holders of all securities of
such series, to waive certain past defaults or Events of Default under the Indenture and their
consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and
binding upon such Holder and upon all future Holders of this Note and of any Note issued in
exchange, substitution or upon the registration or transfer hereof, irrespective of whether or not
notation of such consent or waiver is made upon this Note.

          No reference herein to the Indenture and no provision of this Note or of the Indenture shall
alter or impair the obligation of the Company, which is absolute and unconditional, to pay the
principal of (and premium, if any) and interest on this Note at the times, place and rate, and in
the coin or currency, herein provided.

          This Note is issuable as a registered Note only, in the denomination of $1,000 and any
integral multiples thereof.

          As provided in the Indenture, this Note is transferable by the registered Holder hereof in
person or by his attorney duly authorized in writing on the books of the Company at the office or
agency to be maintained by the Company for that purpose. Upon any registration of transfer, a new
registered Note or Notes, of authorized denomination or denominations, and in the same aggregate
principal amount, will be issued to the transferee in exchange therefore.

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          The Company, the Trustee, any paying agent and any Authenticating Agent may deem and treat the
registered Holder hereof as the absolute owner of this Note (whether or not this Note shall be
overdue) for the purpose of receiving payment of or on account of the principal and premium, if
any, and interest on this Note as herein provided and for all other purposes, and neither the
Company nor the Trustee nor any paying agent nor any Authenticating Agent shall be affected by any
notice to the contrary.

          No recourse shall be had for the payment of the principal of or any premium or interest on
this Note, or for any claim based hereon, or otherwise in respect hereof, or based on or in respect
of the Indenture or any indenture supplemental thereto, against any incorporator or against any
past, present or future stockholder, officer or member of the Board of Directors, as such, of the
Company, whether by virtue of any constitution, state or rule of law, or by the enforcement of any
assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as party
of the consideration for the issue hereof, expressly waived and released.

          This Note shall be governed by and deemed to be a contract made under, and construed in
accordance with, the laws of the State of New York, and for all purposes shall be construed in
accordance with the laws of the State of New York without regard to conflicts of law principles
thereof.

          All terms used in this Note which are defined in the Indenture and not defined herein shall
have the meaning assigned to them in the Indenture.

          This Note shall not be entitled to any benefit under the Indenture or be valid or obligatory
for any purpose until the certificate of authentication on the face hereof is manually signed by
the Trustee.

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          IN WITNESS WHEREOF, the Company has caused this instrument to be signed by the manual or
facsimile signatures of the Senior Vice President—Finance and Strategic Development and Chief
Financial Officer and the Vice President—Investor Relations and Treasurer and Secretary of the
Company, and a facsimile of its corporate seal to be affixed or reproduced hereon.

	 	 	 	 	 
	 	GREAT PLAINS ENERGY INCORPORATED

 	 
	 	By  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

(SEAL)

	 	 	 	 	 
	 	 	 
	 	By  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Dated:                                        

ATTEST:

                                        

	 	 	 	 	 	 	 

	 	 	TRUSTEE’S CERTIFICATE OF AUTHENTICATION	 	 
	 	 	This is one of the Notes of the series designated
herein issued under the Indenture described herein.	 	 
	 
	 	 	 	 	 	 
	 	 	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.,	 	 
	 	 	as Trustee	 	 
	 
	 	 	 	 	 	 
	 
	 	By	 	 	 	 
	 
	 	 	 	
Authorized Signatory
	 	 

Dated:                                         

A -5exv10w1

Exhibit 10.1

     FIRST AMENDMENT, dated as of August 11, 2010 (this
“Amendment”), to the Amended and Restated Five-Year Competitive
Advance and Revolving Credit Facility Agreement dated as of February 26,
2009, as further amended and restated as of November 16, 2009 (the
“Credit Agreement”), among BELO CORP., the Lenders party thereto
and JPMORGAN CHASE BANK, N.A., as Administrative Agent.

WITNESSETH:

     WHEREAS the Lenders have agreed to extend credit to the Borrower under the Credit Agreement on
the terms and subject to the conditions set forth therein; and

     WHEREAS the Borrower has requested that the Lenders amend a certain provision of the Credit
Agreement and the Lenders whose signatures appear below, constituting the Required Lenders, are
willing to amend the Credit Agreement on the terms and subject to the conditions set forth herein.

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

     SECTION 1. Defined Terms. Capitalized terms used but not otherwise defined herein
(including in the recitals hereto) have the meanings assigned to them in the Credit Agreement.

     SECTION 2. Amendment to the Credit Agreement. Section 2.08(b)(iii) of the Credit
Agreement is hereby amended by deleting “(x)”, replacing the word “and” immediately before clause
(y) thereof with a period and deleting clause (y) at the end thereof.

     SECTION 3. Representations and Warranties. The Borrower hereby represents and
warrants to the Administrative Agent and to each of the Lenders, as of the Amendment Effective Date
(as defined below), that:

     (a) The execution, delivery and performance by the Borrower of this Amendment have been duly
authorized by all necessary corporate or other organizational and, if required, stockholder or
other equityholder action. This Amendment has been duly executed and delivered by the Borrower and
this Amendment and the Credit Agreement, as amended by this Amendment, constitutes legal, valid and
binding obligations of the Borrower, enforceable against it in accordance with its terms, subject
to applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting
creditors’ rights generally and to general principles of equity, regardless of whether considered
in a proceeding in equity or at law.

 

2

     (b) The representations and warranties of the Borrower set forth in the Credit Agreement and
the other Loan Documents are true and correct in all material respects on and as of the Amendment
Effective Date, except in the case of any such representation or warranty that expressly relates to
an earlier date, in which case such representation or warranty is true and correct in all material
respects on and as of such earlier date.

     (c) On and as of the Amendment Effective Date, after giving effect to this Amendment, no
Default has occurred and is continuing.

     SECTION 4. Effectiveness. This Amendment shall become effective, as of the date
first above written, on the date (the “Amendment Effective Date”) on which the
Administrative Agent shall have received duly executed counterparts hereof that, when taken
together, bear the authorized signatures of the Borrower and Lenders constituting the Required
Lenders.

     SECTION 5. Effect of Amendment. (a) Except as expressly set forth herein, 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 any other Loan Document, 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 Loan Document, all of which are ratified and affirmed in all respects and shall continue
in full force and effect. Nothing herein shall be deemed to entitle the Borrower to a consent to,
or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations,
covenants or agreements contained in the Credit Agreement or any other Loan Document in similar or
different circumstances.

     (b) On and after the Amendment Effective Date, each reference in the Credit Agreement to
“this Agreement”, “hereunder”, “hereof”, “herein”, or words of like import, and each reference to
the Credit Agreement in any other Loan Document shall be deemed to be a reference to the Credit
Agreement as amended hereby. This Amendment shall constitute a “Loan Document” for all purposes of
the Credit Agreement and the other Loan Documents.

     SECTION 6. Applicable Law. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND
GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

     SECTION 7. Counterparts. This Amendment may be executed in counterparts (and by
different parties hereto on different counterparts), each of which shall constitute an original but
all of which, when taken together, shall constitute a single contract. Delivery of an executed
counterpart of a signature page of this Amendment by facsimile or other electronic imaging shall be
as effective as delivery of a manually executed counterpart of this Amendment.

 

3

     SECTION 8. Severability. Any provision of this Amendment held to be invalid, illegal
or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent
of such invalidity, illegality or unenforceability without affecting the validity, legality and
enforceability of the remaining provisions hereof; and the invalidity of a particular provision in
a particular jurisdiction shall not invalidate such provision in any other jurisdiction.

     SECTION 9. Fees and Expenses. Without limiting the Borrower’s obligations under the
Credit Agreement, the Borrower agrees to reimburse the Administrative Agent for its reasonable
out-of-pocket expenses in connection with this Amendment, including the reasonable fees, charges
and disbursements of Cravath, Swaine & Moore LLP, counsel for the Administrative Agent.

 

4

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

	 	 	 	 	 

	 	 	BELO CORP.,
	 
	 	 	 	 
	 

	 	By	 	 
	 

	 	 	 	/s/ R/ Paul Fry
	 

	 	 	 	 
	 

	 	 	 	Name: R. Paul Fry
	 

	 	 	 	Title: Vice President
	 
	 	 	 	 
	 	 	JPMORGAN CHASE BANK, N.A.,

individually and as Administrative Agent,
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	 
	 

	 	 	 	Name: 
	 

	 	 	 	Title: 

 

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

	 	 	 	 	 

	 	 	BELO CORP.,
	 
	 	 	 	 
	 

	 	By	 	 
	 

	 	 	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:
	 
	 	 	 	 
	 	 	JPMORGAN CHASE BANK, N.A.,

individually and as Administrative Agent,
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Brian McDougal
	 

	 	 	 	 
	 

	 	 	 	Name: Brian McDougal
	 

	 	 	 	Title: Senior Vice President

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	Bank of America, N.A.
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Jay D. Marquis
	 

	 	 	 	 
	 

	 	 	 	Name: Jay D. Marquis
	 

	 	 	 	Title: Senior Vice President
	 
	 	 	 	 
	Name of Institution:1     
	 	 	 	 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	BNP Paribas
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Yung Wu
	 

	 	 	 	 
	 

	 	 	 	Name: Yung Wu
	 

	 	 	 	Title: Vice President

	 	 	 	 	 

	Name of Institution:1     
	 	BNP Paribas 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Cecile Scherer
	 

	 	 	 	 
	 

	 	 	 	Name: Cecile Scherer
	 

	 	 	 	Title: Managing Director

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	SUNTRUST BANK:     
	 	 	 	 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Michael Vegh
	 

	 	 	 	 
	 

	 	 	 	Name: Michael Vegh
	 

	 	 	 	Title: Director
	 
	 	 	 	 
	Name of Institution:1     
	 	 	 	 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	Sumitomo Mitsui Banking Corporation
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ William M. Ginn
	 

	 	 	 	 
	 

	 	 	 	Name: William M. Ginn
	 

	 	 	 	Title: Executive Officer
	 
	 	 	 	 
	Name of Institution:1     
	 	 	 	 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	The Bank of Tokyo-Mitsubishi UFJ, Ltd
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Jose Carlos
	 

	 	 	 	 
	 

	 	 	 	Name: JOSE CARLOS
	 

	 	 	 	Title: Authorized Signatory

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	The Northern Trust Company
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Morgan A. Lyons
	 

	 	 	 	 
	 

	 	 	 	Name: MORGAN A. LYONS
	 

	 	 	 	Title: VICE PRESIDENT
	 
	 	 	 	 
	Name of Institution:1     
	 	 	 	 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	Capital One Bank N.A.
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Shannan Pratt
	 

	 	 	 	 
	 

	 	 	 	Name: Mr. Shannan Pratt
	 

	 	 	 	Title: SVP
	 
	 	 	 	 
	Name of Institution:1     
	 	 	 	 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	The Bank of New York Mellon
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Thomas Frangione
	 

	 	 	 	 
	 

	 	 	 	Name: Thomas Frangione
	 

	 	 	 	Title: Vice President

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	MIZUHO CORPORATE BANK, LTD.
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Bertram Tang
	 

	 	 	 	 
	 

	 	 	 	Name: Bertram Tang
	 

	 	 	 	Title: Authorized Signatory
	 
	 	 	 	 
	Name of Institution:1     
	 	 	 	 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	BMO Capital Markets Financing, Inc.
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Naghmeh Hashemifard
	 

	 	 	 	 
	 

	 	 	 	Name: NAGHMEH HASHEMIFARD
	 

	 	 	 	Title: DIRECTOR
	 
	 	 	 	 
	Name of Institution:1     
	 	 	 	 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	Wells Fargo Bank N.A.
	 	 	(as successor to Wachovia Bank N.A.)
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Franklin M. Wessinger
	 

	 	 	 	 
	 

	 	 	 	Name: Franklin M. Wessinger
	 

	 	 	 	Title: Managing Director
	 
	 	 	 	 
	Name of Institution:1
	 	 	 	 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	UNION BANK, N.A.
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Carrie Lee
	 

	 	 	 	 
	 

	 	 	 	Name: Carrie Lee
	 

	 	 	 	Title: Vice President

	 	 	 	 	 

	Name of Institution:1     
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	Bank of China, New York Branch
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ William Warren Smith
	 

	 	 	 	 
	 

	 	 	 	Name: William Warren Smith
	 

	 	 	 	Title: Deputy General Manager
	 
	 	 	 	 
	Name of Institution:1     
	 	 	 	 
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	U.S. Bank, N.A.
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Colleen McEvoy
	 

	 	 	 	 
	 

	 	 	 	Name: Colleen McEvoy
	 

	 	 	 	Title: VP
	 
	 	 	 	 
	Name of Institution:1     
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	 
	 

	 	 	 	Name:
	 

	 	 	 	Title:

 

			
	1	 	For any Lender requiring a second signature line.

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     

	 	
AMEGY BANK NATIONAL ASSOCIATION

	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Daniel L. Cox
	 

	 	 	 	 
	 

	 	 	 	Name: Daniel L. Cox
	 

	 	 	 	Title: Vice-President

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	Name of Institution:     	 	Chang Hwa
	 	 	Commercial Bank, Ltd., New York Branch
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Eric Y.S. Tsai
	 

	 	 	 	 
	 

	 	 	 	Name: Eric Y.S. Tsai
	 

	 	 	 	Title: VP & General Manger

 

 

SIGNATURE PAGE TO

FIRST AMENDMENT TO

BELO CORP CREDIT AGREEMENT

	 	 	 	 	 

	 	 	E.Sun Commercial Bank, Ltd., Los Angeles Branch
	 
	 	 	 	 
	 

	 	by	 	 
	 

	 	 	 	/s/ Benjamin Lin
	 

	 	 	 	 
	 

	 	 	 	Name: Benjamin Lin
	 

	 	 	 	Title: EVP & General Manager

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}]]