Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 

INCREMENTAL AMENDMENT NO. 2 TO CREDIT AGREEMENT 

INCREMENTAL AMENDMENT NO. 2, dated as of January 15, 2016 (this “Amendment”), to the Third Amended and Restated Credit
Agreement, dated as of March 17, 2014 (as amended by that certain Incremental Amendment No. 1 thereto, dated as of May 11, 2015, and as further amended, restated, supplemented or otherwise modified prior to the date hereof), among IMS
Health Incorporated, a Delaware corporation (the “Parent Borrower”), Healthcare Technology Intermediate Holdings, Inc., a Delaware corporation, IMS AG, a Swiss corporation and a subsidiary of the Parent Borrower (the “Swiss
Subsidiary Borrower”), IMS Japan K.K., a Japanese stock corporation (kabushiki kaisha) and a subsidiary of the Parent Borrower (the “Japanese Subsidiary Borrower” and together with the Parent Borrower and the Swiss
Subsidiary Borrower, each a “Borrower” and collectively, the “Borrowers”), Bank of America, N.A., as administrative agent and as collateral agent (in such capacity, including any successor thereto, the
“Administrative Agent”), and each lender from time to time party thereto (the “Credit Agreement”). 

W I T N E S S E T H: 

WHEREAS, the Parent Borrower has requested the issuance of Incremental Term Loans, which upon funding shall be in the form of an increase to
the Term A Dollar Loans outstanding under the Credit Agreement immediately prior to the effectiveness of this Amendment, pursuant to and on the terms set forth in Section 2.14 of the Credit Agreement; 

WHEREAS, the Parent Borrower, the Administrative Agent and the Incremental Lenders providing the Incremental Term Loans have agreed to amend
certain provisions of the Credit Agreement as provided for herein to effect the incurrence of Incremental Term Loans pursuant to Section 2.14 of the Credit Agreement; and 

WHEREAS, the Incremental Term A-2 Dollar Lenders (as defined below) will make Incremental Term Loans to the Parent Borrower on the Amendment
No. 2 Effective Date (as defined below). 
 NOW, THEREFORE, the parties hereto hereby agree as follows: 

ARTICLE I 
 Defined Terms

 Section 1.1. Defined Terms. Terms defined in the Credit Agreement and used herein shall have the meanings given to them
in the Credit Agreement unless otherwise defined herein. 
 ARTICLE II 

Incremental Term Loans 

Section 2.1. Incremental Term Loans. The Parent Borrower hereby (i) requests an increase in the aggregate amount of Term A
Dollar Loans, to be referred to in the Credit Agreement as Incremental Term A-2 Dollar Loans, in the aggregate principal amount of $300,000,000 from the Incremental Term A-2 Dollar Lenders pursuant to and on the terms set forth in Section 2.14
of the Credit Agreement, effective on the Amendment No. 2 Effective Date (it being acknowledged, for the avoidance of doubt, that this Section 2.1(i) shall constitute an “Incremental Loan Request” as defined in, and delivered
pursuant to, Section 2.14 of the Credit Agreement), and (ii) confirms and agrees that the Parent Borrower will borrow the full amount of Incremental Term A-2 Dollar Loans from the Incremental Term A-2 Dollar Lenders on the Amendment
No. 2 Effective Date. 

 Section 2.2. Agreements of Incremental Term A Lenders. Each Incremental Term A-2
Dollar Lender hereby agrees that (i) effective on and at all times after the Amendment No. 2 Effective Date, such Incremental Term A-2 Dollar Lender will be bound by all obligations of a Lender under the Credit Agreement in respect of its
Incremental Term A-2 Dollar Commitment and its Incremental Term A-2 Dollar Loans (in addition to all Term Loans of such Lender (if any) outstanding prior to the Amendment No. 2 Effective Date), and (ii) on the Amendment No. 2
Effective Date, such Incremental Term A-2 Dollar Lender will fund Incremental Term A-2 Dollar Loans in the amount of its Incremental Term A-2 Dollar Loan Commitment. 

Section 2.3. Incremental Term Loans. The Incremental Term A-2 Dollar Loans shall have the same terms as the Term A Dollar Loans
outstanding prior to the Amendment No. 2 Effective Date (after giving effect to this Amendment), and upon the funding thereof pursuant to this Amendment and pursuant to Section 2.14 of the Credit Agreement, will constitute (x) a Term
A Loan Increase which increases the aggregate amount of the Borrowing of Term A Dollar Loans outstanding immediately prior to the Amendment No. 2 Effective Date, (y) together with the Term A Dollar Loans outstanding prior to the Amendment
No. 2 Effective Date, a single Class of Term Loans and (z) automatically and without any further action or notice by any party, Term A Dollar Loans for all purposes of the Credit Agreement except as otherwise set forth herein. 

ARTICLE III 
 Amendments

 Subject to the occurrence of the Amendment No. 2 Effective Date: 

(a) Section 1.01 of the Credit Agreement is hereby amended by inserting in appropriate alphabetical order the following
new definitions: 
 “Amendment No. 2” means Incremental Amendment No. 2 to this Agreement dated as
of January 15, 2016. 
 “Amendment No. 2 Effective Date” means January 15, 2016, the date of
effectiveness of Amendment No. 2. 
 “Incremental Term A-2 Dollar Commitment” means, as to each
Incremental Term A-2 Dollar Lender party to Amendment No. 2, the obligation of such Person to make an Incremental Term A-2 Dollar Loan to the Parent Borrower on the Amendment No. 2 Effective Date in the aggregate principal amount set forth
opposite such Person’s name on Annex I to Amendment No. 2. The aggregate principal amount of the Incremental Term A-2 Dollar Commitments of all Incremental Term A-2 Dollar Lenders on the Amendment No. 2 Effective Date is
$300,000,000. 
 “Incremental Term A-2 Dollar Lender” means a Person with an Incremental Term A-2 Dollar
Commitment to make Incremental Term A-2 Dollar Loans to the Parent Borrower on the Amendment No. 2 Effective Date. 

“Incremental Term A-2 Dollar Loan” means the Loans made by the Incremental Term A-2 Dollar Lenders pursuant to
their respective Incremental Term A-2 Dollar Commitments. 

  
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 (b) Section 2.01 of the Credit Agreement is hereby amended by adding the
following paragraph (e) to such Section: 
 “(e) Incremental Term A-2 Borrowings. Subject to the terms and
conditions set forth in Amendment No. 2, on the Amendment No. 2 Effective Date, each Incremental Term A-2 Dollar Lender severally agrees to make to the Parent Borrower an Incremental Term A-2 Dollar Loan in an aggregate amount not to
exceed the amount of such Incremental Term A-2 Dollar Lender’s Incremental Term A-2 Dollar Commitment. Amounts borrowed under this Section 2.01(e) and repaid or prepaid may not be reborrowed. Incremental Term A-2 Dollar Loans may be Base
Rate Loans or Eurocurrency Rate Loans, as further provided herein.” 
 (c) Section 2.06(b) of the Credit Agreement
is hereby amended by adding the following paragraph (vi) to such Section: 
 “(vi) The Incremental Term A-2 Dollar
Commitments of the Incremental Term A-2 Dollar Lenders shall be automatically and permanently reduced to $0 upon the funding of the Incremental Term A-2 Dollar Loans on the Amendment No. 2 Effective Date.” 

(d) Section 2.07 of the Credit Agreement is hereby amended by replacing clause (a)(i) in its entirety with the following:

 “(i) Term A Dollar Loans. The Parent Borrower shall repay to the Administrative Agent for the ratable account
of the Appropriate Lenders (A)(i) on the last Business Day of each March, June, September and December commencing March 31, 2016 and ending March 31, 2017, an aggregate principal amount equal to 1.250% of the product of (x) the sum of
(I) the aggregate principal amount of Term A Dollar Loans (including Incremental Term A-1 Dollar Loans) outstanding immediately prior to the Amendment No. 2 Effective Date plus (II) the aggregate amount of Incremental Term A-2
Dollar Loans funded on the Amendment No. 2 Effective Date times (y) a fraction the numerator of which is equal to the aggregate principal amount of Term A Dollar Loans outstanding on the Term A Facility Funding Date and the
denominator of which is equal to the aggregate principal amount of Term A Dollar Loans (excluding any Incremental Term A-1 Dollar Loans) outstanding immediately prior to the Amendment No. 2 Effective Date, (ii) on the last Business Day of
each March, June, September and December commencing June 30, 2017 and ending March 31, 2018, an aggregate principal amount equal to 1.875% of the product of (x) the sum of (I) the aggregate principal amount of Term A Dollar Loans
(including Incremental Term A-1 Dollar Loans) outstanding immediately prior to the Amendment No. 2 Effective Date plus (II) the aggregate amount of Incremental Term A-2 Dollar Loans funded on the Amendment No. 2 Effective Date
times (y) a fraction the numerator of which is equal to the aggregate principal amount of Term A Dollar Loans outstanding on the Term A Facility Funding Date and the denominator of which is equal to the aggregate principal amount of Term
A Dollar Loans (excluding any Incremental Term A-1 Dollar Loans) outstanding immediately prior to the Amendment No. 2 Effective Date, and (iii) on the last Business Day of each March, June, September and December commencing June 30,
2018 and ending March 31, 2019, an aggregate principal amount equal to 2.500% of the product of (x) the sum of (I) the aggregate principal amount of Term A Dollar Loans (including Incremental Term A-1 Dollar Loans) outstanding
immediately prior to the Amendment No. 2 Effective Date plus (II) the aggregate amount of Incremental Term A-2 Dollar Loans funded on the Amendment No. 2 Effective 

  
 -3- 

 
Date times (y) a fraction the numerator of which is equal to the aggregate principal amount of Term A Dollar Loans outstanding on the Term A Facility Funding Date and the denominator
of which is equal to the aggregate principal amount of Term A Dollar Loans (excluding any Incremental Term A-1 Dollar Loans) outstanding immediately prior to the Amendment No. 2 Effective Date, (which payments, in each case, shall be reduced as
a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) and (B) on the Maturity Date for the Term A Dollar Loans, the aggregate principal amount of all Term A Dollar Loans outstanding
on such date.” 
 (e) The Credit Agreement is hereby amended by replacing each reference therein to “Incremental Term A
Borrowings”, “Incremental Term A Dollar Commitment”, “Incremental Term A Dollar Lender” and “Incremental Term A Dollar Loan” with “Incremental Term A-1 Borrowings”, “Incremental Term A-1 Dollar
Commitment”, “Incremental Term A-1 Dollar Lender” and “Incremental Term A-1 Dollar Loan”, respectively. 
 ARTICLE
IV 
 Conditions to Effectiveness 

This Amendment shall become effective on the date (the “Amendment No. 2 Effective Date”) on which: 

(a) The Administrative Agent (or its counsel) shall have received counterparts of this Amendment signed by the Parent Borrower,
the Guarantors, the Incremental Term A-2 Dollar Lenders and the Administrative Agent. 
 (b) The Administrative Agent shall
have received the legal opinion of Ropes & Gray LLP, counsel to the Loan Parties, in form and substance reasonably satisfactory to the Administrative Agent. 

(c) The Administrative Agent shall have received (i) copies of each Organization Document executed and delivered by the
Parent Borrower and each Guarantor, as applicable, and, to the extent applicable, certified as of a recent date by the appropriate governmental official, each dated the Amendment No. 2 Effective Date or a recent date prior thereto;
(ii) signature and incumbency certificates of the officers of the Parent Borrower and each Guarantor executing this Amendment; (iii) resolutions of the Board of Directors or similar governing body of the Parent Borrower and each Guarantor
approving and authorizing the execution, delivery and performance of this Amendment, and certified as of the Amendment No. 2 Effective Date by its secretary or an assistant secretary as being in full force and effect without modification or
amendment and (iv) if available, a good standing certificate from the applicable Governmental Authority of the Parent Borrower and each Guarantor’s jurisdiction of incorporation, organization or formation, each dated a recent date prior to
the Amendment No. 2 Effective Date. 
 (d) The Administrative Agent, Incremental Term A-2 Dollar Lenders and lead
arrangers shall have been paid all fees payable to the Administrative Agent, the Incremental Term A-2 Dollar Lenders and the lead arrangers on the Amendment No. 2 Effective Date (including, without duplication of fees paid pursuant to this
Amendment, those set forth in the Engagement Letter dated January 5, 2016, by and between the Parent Borrower and Bank of America, N.A.) and, to the extent invoiced at least two (2) Business Days prior to the Amendment No. 2 Effective
Date (or as otherwise reasonably agreed by the Parent Borrower) out-of-pocket expenses required to be paid by the Parent Borrower in connection with this Amendment pursuant to Section 10.04 of the Credit Agreement, including the reasonable fees
and expenses of Cahill Gordon & Reindel LLP. 

  
 -4- 

 (e) The Administrative Agent shall have received for the account of each
Incremental Term A-2 Dollar Lender from the Parent Borrower (from the proceeds of the Incremental Term A-2 Dollar Loans) an upfront fee payable in Dollars for the account of such Incremental Term A-2 Dollar Lender equal to 0.25% of the aggregate
principal amount of such Incremental Term A-2 Dollar Lender’s Incremental Term A-2 Dollar Loans. 
 (f) At least three
(3) Business Days prior to the Amendment No. 2 Effective Date, the Administrative Agent shall have received all documentation and other information required by bank regulatory authorities under applicable “know-your-customer” and
anti-money laundering rules and regulations, including the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) that
has been requested in writing at least ten (10) Business Days prior to the Amendment No. 2 Effective Date. 
 (g)
The Administrative Agent shall have received a Request for Credit Extension in respect of the Incremental Term A-2 Dollar Loans. 

(h) The representations and warranties of each Loan Party set forth in Article V of the Credit Agreement and in each other
Credit Document shall be true and correct in all material respects on and as of the Amendment No. 2 Effective Date, except to the extent such representations and warranties specifically relate to an earlier date, in which case they shall be
true and correct in all material respects as of such earlier date; provided that any representation and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar language shall be true and
correct (after giving effect to any qualification therein) in all respects on such respective dates. 
 (i) Upon the
effectiveness of this Amendment and both immediately before and immediately after giving effect to this Amendment, and the making of the Incremental Term A-2 Dollar Loans on the Amendment No. 2 Effective Date as contemplated by this Amendment,
no Default or Event of Default exists. 
 (j) The Administrative Agent shall have received a Solvency Certificate from Parent
Borrower in substantially the form of Exhibit J to the Credit Agreement. 
 (k) The Administrative Agent shall have received
evidence that all insurance required to be maintained pursuant to the Credit Documents has been obtained and is in effect and that the Administrative Agent has been named as loss payee and/or additional insured, as applicable, under each insurance
policy with respect to such insurance as to which the Administrative Agent shall have reasonably requested to be so named. 

(l) The Administrative Agent shall have received the results of (x) searches of the Uniform Commercial Code filings (or
equivalent filings) and (y) judgment and tax lien searches, made with respect to each of Parent Borrower and each Guarantor in the state of formation of such Person and with respect to such other locations and names listed on the Collateral
Disclosure Schedule and reasonably requested by the Administrative Agent, together with copies of the financing statements (or similar documents) disclosed by such search as well as copies of a recent registered search of the U.S. Patent and
Trademark Office and the U.S. Copyright Office to the extent reasonably requested by the Administrative Agent with respect to each of Parent Borrower and each Guarantor. 

  
 -5- 

 The Administrative Agent shall notify the Parent Borrower and the Lenders of the Amendment
No. 2 Effective Date. 
 ARTICLE V 

Representation and Warranties 

The Parent Borrower represents and warrants as follows as of the date hereof: (a) the execution, delivery and performance of this
Amendment have been duly authorized by all necessary corporate or other organizational action on the part of the Parent Borrower and the Guarantors and (b) the execution, delivery and performance by the Parent Borrower and the Guarantors of
this Amendment will not (i) contravene the terms of any of such Loan Party’s Organization Documents, (ii) result in any breach or contravention of, or the creation of any Lien upon any of the property or assets of such Loan Party or
any of the Restricted Subsidiaries (other than as permitted by Section 7.01 of the Credit Agreement) under (A) any Contractual Obligation to which such Person is a party or affecting such Person or the properties of such Person or any of
its Restricted Subsidiaries or (B) any order, injunction, writ or decree of any Governmental Authority or any arbitral award to which such Person or its property is subject, or (iii) violate any applicable Law; except with respect to any
breach, contravention or violation referred to in clauses (ii) and (iii), to the extent that such breach, contravention or violation would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

After giving effect to the amendments contained herein, on the Amendment No. 2 Effective Date the Parent Borrower hereby confirms that:
(a) this Amendment has been duly executed and delivered by each Loan Party party hereto and constitutes the legal, valid and binding obligations of each such Loan Party enforceable against it in accordance with its terms, except as such
enforceability may be limited by Debtor Relief Laws and by general principles of equity and principles of good faith and fair dealing; (b) the representations and warranties of the Parent Borrower and each other Loan Party contained in Article
V of the Credit Agreement or any other Credit Document are true and correct in all material respects (or, in the case of any representations and warranties qualified by materiality or Material Adverse Effect, in all respects (after giving effect to
any qualification therein) on and as of the Amendment No. 2 Effective Date with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date (in which case
such representations and warranties are true and correct in all material respects (or, in the case of any representations and warranties qualified by materiality or Material Adverse Effect, in all respects (after giving effect to any qualification
therein)) as of such earlier date); and (c) no Default or Event of Default has occurred and is continuing. 
 ARTICLE VI 

Miscellaneous 

Section 6.1. Continuing Effect; No Other Amendments or Waivers. This Amendment shall not constitute an amendment or waiver of or
consent to any provision of the Credit Agreement and the other Credit Documents except as expressly stated herein and shall not be construed as an amendment, waiver or consent to any action on the part of the Loan Parties that would require an
amendment, waiver or consent of the Administrative Agent or the Lenders except as expressly stated herein. Except as expressly waived hereby, the provisions of the Credit Agreement and the other Credit Documents are and shall remain in full force
and effect in accordance with their terms. This Amendment shall constitute a “Credit Document” for all purposes of the Credit Agreement and the other Credit Documents. 

Section 6.2. Counterparts. This Amendment may be executed in any number of counterparts, each of which when so executed and
delivered shall be deemed an original, but all such counterparts together shall constitute one and the same instrument. Delivery by facsimile or electronic transmission of an executed counterpart of a signature page to this Amendment shall be
effective as delivery of an original executed counterpart of this Amendment. 

  
 -6- 

 Section 6.3. Governing Law; Jurisdiction. This Amendment shall be governed by, and
construed and enforced in accordance with, the laws of the State of New York. For the avoidance of doubt, Section 10.15 of the Credit Agreement shall apply to this Amendment. 

Section 6.4. Reaffirmation. The Parent Borrower and each Guarantor hereby expressly acknowledges the terms of this Amendment and
reaffirms, as of the date hereof on behalf of themselves and each other Loan Party, (i) the covenants and agreements contained in each Credit Document to which it is a party, including, in each case, such covenants and agreements as in effect
immediately after giving effect to this Amendment and the transactions contemplated hereby and (ii) its guarantee of the Obligations under each Guaranty, as applicable, and its grant of Liens on the Collateral to secure the Obligations pursuant
to the Collateral Documents. 
 Section 6.5. Effect of Amendment. On and after the Amendment No. 2 Effective Date, each
reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof” or words of like import referring the Credit Agreement, and each reference in the Notes and each of the other Credit Documents to “the
Credit Agreement,” “thereunder,” “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this Amendment. 

[Remainder of this page intentionally left blank] 

  
 -7- 

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

					
	IMS HEALTH INCORPORATED,
	as Parent Borrower
		
	By:	 	 /s/ Jeffrey J. Ford

		 	Name:	 	Jeffrey J. Ford
		 	Title:	 	Vice President and Treasurer

  
 [Signature Page to
Amendment No. 2] 

 
					
	HEALTHCARE TECHNOLOGY INTERMEDIATE HOLDINGS, LLC, as a Guarantor
		
	By:	 	 /s/ Jeffrey J. Ford

		 	Name:	 	Jeffrey J. Ford
		 	Title:	 	Vice President

  
 [Signature Page to
Amendment No. 2] 

 
					
	APPATURE INC., as a Guarantor
	ARSENAL HOLDING COMPANY, as a Guarantor
	ARSENAL HOLDING (II) COMPANY, as a Guarantor
	BUZZEOPDMA LLC, as a Guarantor
	DATA NICHE ASSOCIATES, INC., as a Guarantor
	IMS HEALTH FINANCE, INC., as a Guarantor
	IMS HEALTH HOLDING CORPORATION, as a Guarantor
	IMS HEALTH INDIA HOLDING CORPORATION, as a Guarantor
	IMS HEALTH INVESTING CORPORATION, as a Guarantor
	IMS HEALTH INVESTMENTS, INC., as a Guarantor
	IMS HEALTH PURCHASING, INC., as a Guarantor
	IMS HEALTH TRADING CORPORATION, as a Guarantor
	IMS HOLDING INC., as a Guarantor
	IMS SERVICES, LLC, as a Guarantor
	IMS TRADING MANAGEMENT, INC., as a Guarantor
	RX INDIA, LLC, as a Guarantor
	THE AMUNDSEN GROUP, INC., as a Guarantor
	VALUEMEDICS RESEARCH, LLC, as a Guarantor
		
	By:	 	 /s/ Jeffrey J. Ford

		 	Name:	 	Jeffrey J. Ford
		 	Title:	 	President

  
 [Signature Page to
Amendment No. 2] 

 
					
	ENTERPRISE ASSOCIATES L.L.C., as a Guarantor
		
	By:	 	 /s/ Jeffrey J. Ford

		 	Name:	 	Jeffrey J. Ford
		 	Title:	 	Vice President

  
 [Signature Page to
Amendment No. 2] 

 
					
	IMS CONTRACTING & COMPLIANCE, INC., as a Guarantor
	IMS GOVERNMENT SOLUTIONS, INC., as a Guarantor
	IMS HEALTH TRANSPORTATION SERVICES CORPORATION, as a Guarantor
	IMS SOFTWARE SERVICES LTD., as a Guarantor
	MED-VANTAGE, INC., as a Guarantor
		
	By:	 	 /s/ Jeffrey J. Ford

		 	Name:	 	Jeffrey J. Ford
		 	Title:	 	Treasurer

  
 [Signature Page to
Amendment No. 2] 

 
					
	COORDINATED MANAGEMENT HOLDINGS, L.L.C., as a Guarantor
	COORDINATED MANAGEMENT SYSTEMS, INC., as a Guarantor
	MARKET RESEARCH MANAGEMENT, INC., as a Guarantor
	SPARTAN LEASING CORPORATION, as a Guarantor
		
	By:	 	 /s/ Cathy LoBosco

		 	Name:	 	Cathy LoBosco
		 	Title:	 	President

  
 [Signature Page to
Amendment No. 2] 

 
					
	IMS HEALTH LICENSING ASSOCIATES, L.L.C., as a Guarantor
		
	By:	 	 /s/ Sean Ascher

		 	Name:	 	Sean Ascher
		 	Title:	 	Responsible Officer

  
 [Signature Page to
Amendment No. 2] 

 
					
	IMS CHINAMETRIK INCORPORATED, as a Guarantor
	INTERCONTINENTAL MEDICAL STATISTICS INTERNATIONAL, LTD., as a Guarantor
		
	By:	 	 /s/ Harvey A. Ashman

		 	Name:	 	Harvey A. Ashman
		 	Title:	 	President

  
 [Signature Page to
Amendment No. 2] 

 
					
	BANK OF AMERICA, N.A.,
	as Administrative Agent
		
	By:	 	 /s/ Robert Rittlemeyer

		 	Name:	 	Robert Rittlemeyer
		 	Title:	 	Vice President

  
 [Signature Page to
Amendment No. 2] 

 
					
	BANK OF AMERICA, N.A.,
	as an Incremental Term A-2 Dollar Lender
		
	By:	 	 /s/ David H. Strickert

		 	Name:	 	David H. Strickert
		 	Title:	 	Managing Director

  
 [Signature Page to
Amendment No. 2] 

 
					
	GOLDMAN SACHS BANK USA,
	as an Incremental Term A-2 Dollar Lender
		
	By:	 	 /s/ Rebecca Kratz

		 	Name:	 	Rebecca Kratz
		 	Title:	 	Authorized Signatory

  
 [Signature Page to
Amendment No. 2] 

 
					
	JPMorgan Chase Bank N.A.,
	as an Incremental Term A-2 Dollar Lender
		
	By:	 	 /s/ Vanessa Chiu

		 	Name:	 	Vanessa Chiu
		 	Title:	 	Executive Director

  
 [Signature Page to
Amendment No. 2] 

 
					
	Morgan Stanley Bank, N.A.,
	as an Incremental Term A-2 Dollar Lender
		
	By:	 	 /s/ Michael King

		 	Name:	 	Michael King
		 	Title:	 	Authorized Signatory

  
 [Signature Page to
Amendment No. 2] 

 
					
	Barclays Bank PLC,
	as an Incremental Term A-2 Dollar Lender
		
	By:	 	 /s/ Marguerite Sutton

		 	Name:	 	Marguerite Sutton
		 	Title:	 	Vice President

  
 [Signature Page to
Amendment No. 2] 

 
					
	Mizuho Bank, Ltd.,
	as an Incremental Term A-2 Dollar Lender
		
	By:	 	 /s/ James R. Fayen

		 	Name:	 	James R. Fayen
		 	Title:	 	Deputy General Manager

  
 [Signature Page to
Amendment No. 2] 

 
					
	WELLS FARGO BANK NATIONAL ASSOCIATION,
	as an Incremental Term A-2 Dollar Lender
		
	By:	 	 /s/ Christine Gardiner

		 	Name:	 	Christine Gardiner
		 	Title:	 	Vice President

  
 [Signature Page to
Amendment No. 2] 

 
					
	FirstMerit Bank, N.A.,
	as an Incremental Term A-2 Dollar Lender
		
	By:	 	 /s/ Tim Daniels

		 	Name:	 	Tim Daniels
		 	Title:	 	Senior Vice President

  
 [Signature Page to
Amendment No. 2] 

 Annex 1 to 

Amendment No. 2 to Credit Agreement 

Incremental Term A-2 Dollar Commitments 
  

					
	 Incremental Term A-2 Dollar Lenders
	  	Incremental Term A-2 Dollar Commitment	 
	 Bank of America, N.A.
	  	$	20,000,000.00	  
	 Goldman Sachs Bank USA
	  	$	50,000,000.00	  
	 JPMorgan Chase Bank N.A.
	  	$	50,000,000.00	  
	 Morgan Stanley Bank, N.A.
	  	$	50,000,000.00	  
	 Barclays Bank PLC
	  	$	50,000,000.00	  
	 Mizuho Bank, Ltd.
	  	$	50,000,000.00	  
	 Well Fargo National Association
	  	$	25,000,000.00	  
	 FirstMerit Bank, N.A.
	  	$	5,000,000.00	  
	 Total:
	  	$	300,000,000EX-10.1

December 20, 2013

Revised December 18, 2015

Federal Home Loan Bank of Topeka

Executive Incentive Compensation Plan Targets

Goal Metrics, Metric Performance Ranges, Participant Eligibility and Metric Weights

This document specifies goal metrics, metric performance ranges/objectives, and metric weights for
the participants (Participants) in the Executive Incentive Compensation Plan (Plan).

The Plan targets contained in this document specifically cover the 2014 Base Performance Period
(January 1, 2014 through December 31, 2014) and the 2015 — 2017 Deferral Performance Period
(January 1, 2015 through December 31, 2017).

	A.	 	2014 Base Performance Period Metrics. The following goal metrics are assigned to the
Participants under the Plan. All calculations including interest rates will be rounded to two
decimal places.

	1.	 	Adjusted Return Spread on Regulatory Total Capital

Definition: The spread between (a) adjusted net income divided by daily average
regulatory total capital and (b) the average daily Overnight Federal funds effective rate (Fed
Effective).

	 	 	 
	Measure:

	 	

	 

	Adjusted net income is defined as follows:

	 	•	 	Net income calculated under generally accepted accounting principles (GAAP)

	 	•	 	Plus recorded AHP assessments

	 	•	 	Excluding the impact or adjustment required because of Accounting Standards
Codification 815 (ASC 815)

	 	•	 	Plus dividends on redeemable Class A and Class B Common Stock treated as
interest expense under ASC 450

	 	•	 	Minus prepayment fees

	 	•	 	Minus/plus realized or unrealized gains/losses on securities (excludes any
charges for other-than-temporary impairment of securities)

	 	•	 	Minus/plus gains/losses on mortgage loans held for sale

	 	•	 	Minus/plus gains/losses on early retirement of debt and related derivatives

	 	•	 	Minus/plus any amortization/accretion of premium/discount on unswapped
mortgage-backed securities in the FHLBank’s trading portfolio (not amortized/accreted
under GAAP)

	 	•	 	Less a calculated 10% AHP assessment

Performance Range:

	 	 	 	 	 
	 	 	Annual Performance Range
	Threshold
	 	 	4.73	%
	Target
	 	 	6.02	%
	Optimum
	 	 	7.30	%

	2.	 	Net Income after Capital Charge

Definition: The dollar amount of adjusted net income as defined in the above metric
which exceeds the cost of the required return on capital.

Measure: Adjusted income as defined in the Net Income after Capital Charge Definition
above, less required return on all capital. The required return on capital is the sum of the
outstanding regulatory Class B Common Stock times the average of three-month LIBOR plus 1.00
percent for each day during the year plus the sum of all other capital (regulatory for Class A
Common Stock and GAAP for retained earnings and other comprehensive income) times the average
of three-month LIBOR for each day during the year.

Performance Range:

	 	 	 	 	 
	 	 	Annual Performance Range
	Threshold
	 	$	80,208,963	 
	Target
	 	$	105,208,963	 
	Optimum
	 	$	130,208,963	 

	3.	 	Retained Earnings

Definition: The dollar amount of GAAP Retained Earnings as of 12/31/2014.

Measure: Retained earnings as defined above as reported on the 12/31/2014 balance
sheet.

Performance Ranges:

	 	 	 	 	 
	 	 	Annual Performance Range
	Threshold
	 	$	617,202,106	 
	Target
	 	$	646,572,966	 
	Optimum
	 	$	675,943,826	 

	4.	 	Core Mission Assets (CMA) Ratio

Definition: Core Mission Assets Ratio is defined as daily advances divided by daily
consolidated obligations.

Measure: Average Daily Advances as reported to the Federal Housing Finance Agency (CRS
reference SC11800) divided by the average daily consolidated obligations as reported to the
Federal Housing Finance Agency (CRS reference SC15100) averaged over the Performance Period.

Performance Range:

	 	 	 	 	 
	 	 	Annual Performance Range
	Threshold
	 	 	57.40	%
	Target
	 	 	59.40	%
	Optimum
	 	 	61.40	%

	5.	 	Risk Management – Market, Credit and Liquidity Risks

Definition: Management of FHLBank risks as determined by the weighted average rating
by the board of directors in an annual evaluation of the Risk Appetite metrics in this area
using a 1 (lowest) to 5 (highest) point scale. General risk categories are market, credit, and
liquidity risks.

Performance Ranges

	 	 	 	 	 
	 	 	Score
	Threshold
	 	 	3.0	 
	Target
	 	 	4.0	 
	Optimum
	 	 	5.0	 

Risk Management Metric Weights: The following metric weight for each goal metric is
assigned to the Participants:

	 	 	 	 	 
	Risk Management Category	 	Weighting
	Liquidity Risk

	 	 	30	%
	Market Risk

	 	 	40	%
	Credit Risk

	 	 	30	%
	Total

	 	 	100	%

	6.	 	Risk Management – Compliance, Business and Operations Risks

Definition: Management of FHLBank risks as determined by the weighted average rating
by the board of directors in an annual evaluation of the Risk Appetite metrics in this area
using a 1 (lowest) to 5 (highest) point scale. General risk categories are compliance, business
and operations risks.

Performance Ranges

	 	 	 	 	 
	 	 	Score
	Threshold
	 	 	3.0	 
	Target
	 	 	4.0	 
	Optimum
	 	 	5.0	 

Risk Management Metric Weights: The following metric weight for each goal metric is
assigned to the Participants:

	 	 	 	 	 
	Risk Management Category	 	Weighting
	Compliance Risk

	 	 	30	%
	Business Risk

	 	 	35	%
	Operations Risk

	 	 	35	%
	Total

	 	 	100	%

	B.	 	2015-2017 Deferral Performance Period Metrics.

These metrics apply to the 2015-2017 Deferral Performance Period.

Minimum Requirement for Receiving a Final Deferred Incentive Award

In order for Participants to be eligible to receive a Final Deferred Incentive Award for the
2015-2017 Deferral Performance Period, FHLBank must have a Market Value of Equity (MVE) of not
less than 100 percent of FHLBank’s Total Regulatory Capital Stock (TRCS) outstanding (as
defined in FHLBank’s Risk Management Policy), as of the last day of the Deferral Performance
Period. Upon determining FHLBank has achieved this minimum requirement, the calculation of the
Final Deferred Incentive Award amounts shall be measured by evaluating the following:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Threshold	 	Target	 	Optimum
	 
	 	10/11 or 11/11  vs	 	 	 	 	 	2/11 or 1/11 vs
	Total Return(1)
	 	FHLBanks	 	5/11 vs FHLBanks	 	FHLBanks
	Deferred Incentive
	 	 	 	 	 	 	 	 	 	 	 	 
	Performance Measure Percentage
	 	 	75	%	 	 	100	%	 	 	125	%
	Weighting
	 	 	0.50	 	 	 	0.50	 	 	 	0.50	 
	Dollar Value (Deferred
Incentive x Performance
Measure Percentage x Weight)
	 	$	 	 	 	$	 	 	 	$	 	 
	MVE / Total Regulatory
	 	10/11 or 11/11  vs	 	 	 	 	 	2/11 or 1/11
	Capital (TRC)(2)
	 	FHLBanks	 	5/11 vs FHLBanks	 	vs FHLBanks
	Deferred Incentive
	 	 	 	 	 	 	 	 	 	 	 	 
	Performance Measure Percentage
	 	 	75	%	 	 	100	%	 	 	125	%
	Weighting
	 	 	0.50	 	 	 	0.50	 	 	 	0.50	 
	Dollar Value (Deferred
Incentive x Performance
Measure Percentage x Weight)
	 	$	 	 	 	$	 	 	 	$	 	 
	Final Deferred Incentive
Award (Dollar value for Total
Return + Dollar Value for
MVE/TRC)
	 	 	 	 	 	 	 	 	 	 	 	 

Footnotes:

1) Total Return. Total Return equals the Total Dividends, plus the Change in
Retained Earnings, divided by the Average Total Regulatory Capital (TRC) over the three-year
period. Total Dividends is defined as all dividends paid on all capital stock during the
three-year period; Change in Retained Earnings is defined as the change in retained earnings
from 12/31/2014 to 12/31/2017; and Average TRC is defined as the average daily ending balance
of Regulatory Capital for dates starting with 01/01/2015 and ending 12/31/2017.  TRC is defined
as total capital stock plus total retained earnings plus subordinated debt plus mandatorily
redeemable capital stock. TRC will also include any additional capital from mergers that will
be reported in the CRS statement of condition.  For performance comparison purposes, FHLBank
Topeka will be ranked against the other FHLBanks, with the highest total return being the best
performance, and ranking 1st out of the 11 FHLBanks.

2) MVE/TRC. Using amounts reported on the Trendbook Analysis from the FHFA Call Report
System (CRS), MVE/TRC is calculated by dividing base case MVE by TRC (as defined above)
calculated at the end of the Deferral Performance Period. For performance comparison purposes,
FHLBank Topeka will be ranked against the other FHLBanks, with the highest MVE/TRC being the
best performance, and ranking 1st out of the 11 FHLBanks.

	C.	 	Total Base Opportunity Metric Weights.

Total Base Opportunity Matrix

(As a percent of base)

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Participant	 	Total Base Opportunity
	 	 	Thresh	 	Target	 	Optimum
	Level 1
	 	 	 	 	 	 	 	 	 	 	 	 
	CEO
	 	 	40	 	 	 	80	 	 	 	120	 
	Level 2
	 	 	 	 	 	 	 	 	 	 	 	 
	COO
	 	 	32.5	 	 	 	65	 	 	 	97.5	 
	Level 3
	 	 	 	 	 	 	 	 	 	 	 	 
	CRO
	 	 	25	 	 	 	50	 	 	 	75	 
	General Counsel
	 	 	25	 	 	 	50	 	 	 	75	 
	CFO
	 	 	25	 	 	 	50	 	 	 	75	 

1 In the event FHLBank’s performance during the Base Performance Period
results in the achievement of a Total Base Opportunity that exceeds 100% of a Participant’s
base salary at the start of the Base Performance Period, the Total Base Opportunity shall be
capped at 100% of the Participant’s base salary.

D. Base Opportunity Metric Weights. The following metric weight for each goal metric is
assigned to the Participants:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	Objective	 	CEO/COO/CFO	 	CRO	 	General Counsel
	1. Adjusted Return Spread on

Regulatory Total Capital

	 	20%

	 	10%

	 	15%

	2. Net Income after Capital Charge

	 	 	20	%	 	 	10	%	 	 	15	%
	3. Retained Earnings

	 	 	10	%	 	 	20	%	 	 	10	%
	4. Core Mission Assets (CMA) Ratio

	 	 	10	%	 	 	10	%	 	 	10	%
	5. Risk Management- Market,

Credit,Liquidity

	 	20%

	 	25%

	 	25%

	6. Risk Management- Compliance,

Business, Operations

	 	20%

	 	25%

	 	25%

	Total

	 	 	100	%	 	 	100	%	 	 	100	%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}]]