Document:

EX-10.1

 Exhibit 10.1 

August 29, 2018 
 Daniel E. Frye 

[Intentionally Omitted] 
 Dear Mr. Frye: 

The Board of Directors (the “Board”) of First BanCorp (the “Corporation”) and FirstBank Puerto Rico (the “Bank”)
is pleased to offer you the position as a Director of the Board of the Corporation and the Bank. Your service as a Director of the Corporation and the Bank shall be effective as of August 29, 2018 (the “Effective Date”), the date of
effectiveness of this offer letter (the “Offer Letter”). 
 The following are the detailed terms of this Offer Letter: 

 

	1.	 Position/Services. 

  

	 	a.	 You will be expected to devote a reasonable amount of your business time to your services to the Bank pursuant
to this Offer Letter commensurate with your role as a member of the Board and as a member or Chair of a Board committee and you agree that you will not, without the prior written consent of the Bank, directly or indirectly, provide any material
services to any other banking entity which competes in any material respect with the Bank and its subsidiaries until the earlier of (i) the termination of your services to the Bank pursuant to this Offer Letter, and (ii) your resignation
as Director (such date, the “Termination Date”), provided however that any services provided by you to any other banking entity which you have disclosed to the Bank prior to the presentation of this Offer Letter and which continues to be
provided as of its execution is not prohibited pursuant to this section and shall not require the prior written consent of the Bank. You may resign as a member of the Board at any time upon written notice to its Chairman. 

 

	 	b.	 You shall render services as a member of the Board, as well as a member of any other committee which you may be
appointed to by the Board during your services as a member of the Board, which may include the appointment as a committee chair. You shall attend and participate to the maximum extent practicable in such number of meetings of the Board and of the
committee(s) of which you are a member as regularly or specially called. 

  

	2.	 Term. Your term as Director shall continue until your successor is duly elected and qualified or until any
resignation by you shall be effective. The position shall be up for re-election each year at the annual shareholders’ meeting and upon re-election, the terms and
provisions of this Offer Letter (as modified from time to time) shall remain in full force and effect. 

  

	3.	 Fees and Compensation. 

 

	 	a.	 Annual Director’s Fees. Commencing on the Effective Date, you will be paid fees for your services as a
Director in a total amount equal to $115,000 per year (such amount, the “Annual Fee”). The Annual Fee shall be payable $75,000 in cash (the “Annual Retainer”) and $40,000 in the form of an annual grant of restricted stock (the
“Restricted Stock”), under the First BanCorp Omnibus Incentive Plan, as amended. The cash Annual Retainer shall be paid in equal installments on a monthly basis over a twelve-month period. The Restricted Stock shall be awarded at the
beginning of each twelve-month period during which you are a Director and shall be subject to a twelve-month vesting period. 

	 	
In addition, you may receive additional compensation in the form of retainers depending upon the Board committees which you may be appointed to by the Board during your services as a member of
the Board as follows, subject to the right of the Board to change such fee structure at its discretion based on changed circumstances: 

  

									
	 Committee
	  	Committee Chair
Retainer	 	 	Committee
Member Retainer	 
	 Audit Committee
	  	$	25,000	 	 	$	5,000	 
	 Compensation and Benefits Committee
	  	$	5,000	 	 	 	-0-	
	 Corporate Governance and Nominating Committee
	  	$	5,000	 	 	 	-0-	
	 Asset/Liability Committee
	  	$	5,000	 	 	 	-0-	
	 Credit Committee
	  	$	25,000	 	 	$	5,000	 
	 Compliance Committee
	  	$	5,000	 	 	 	-0-	
	 Risk Management Committee
	  	$	25,000	 	 	$	5,000	 

  

	 	b.	 Taxes. You are responsible for paying all Federal, state, and local income or business taxes, including
estimated taxes, self-employment and any other taxes, fees, additions to tax, interest, or penalties, which may be assessed, imposed, or incurred as a result of any amounts paid to you pursuant to this Offer Letter. The Bank may withhold or cause to
be withheld from any Annual Fee any Federal, Puerto Rico, state or local taxes required by law to be withheld with respect to such Annual Fee. By acceptance of this Agreement, Director agrees to such deductions. 

 

	4.	 Reimbursement of Board Meeting/Committee Expenses: D&O Insurance and Indemnification.

  

	 	a.	 You shall be entitled to receive reimbursement for all reasonable and substantiated (i) expenses incurred
by you in connection with your attending each Board meeting and any director education meetings, including reasonable and substantiated business class or equivalent travel expenses and meals and lodging, and (ii) legal expenses incurred by you
in connection with the negotiation of this Offer Letter. All expenses incurred under this Section 4 will be reimbursed in accordance with the applicable policies and procedures of the Bank; provided, however, that any amounts reimbursed in one
taxable year will not affect the amounts eligible for reimbursement by the Bank in a different taxable year, and all reimbursement requests must be submitted by you no later than December 31 of the calendar year following the calendar year in
which the expense was incurred. 

  

	 	b.	 The Bank shall, at its expense, purchase and maintain director’s and officer’s (“D&O”)
insurance in an amount comparable to the amount of D&O insurance provided by chartered banks with similar total assets and of a similar size and complexity to the Bank (but in no event less than $10 million), to protect itself and you, as a
Director serving at the request of the Bank, against any expense, liability, or loss, whether or not the Bank would have the power to indemnify you against such expense, liability, or loss under applicable law. Such insurance shall be written by an
insurer or insurers admitted to issue such insurance in Puerto Rico and holding a financial strength rating (“FSR”) of not less than B+ as such FSR is assigned by Best’s and shall be on terms and conditions as shall be customary in
the current market from time to time. Such coverage shall include a “Side A” coverage available to directors in an amount comparable to that obtained by other comparable institutions (but in no event less than $10 million). The Bank shall
purchase such coverage on a basis that will provide protection to you not only during the time of your service as a director of the Board but also for six years after such service shall terminate for any reason. The Bank will provide copies of its
D&O insurance policies to you upon request and will promptly advise you of any changes that may occur in its existing coverages. 

  

	 	c.	 As a Director serving at the request of the Bank, you shall be indemnified by the Bank to the fullest extent
permitted by applicable law against judgments, penalties (including excise and similar taxes and punitive damages), fines, settlements, and reasonable expenses (including 

  
 Page 2 of 5

	 	
reasonable attorneys’ and expert witness fees) actually incurred by you in connection with any actual or threatened proceeding (a “Proceeding”) relating to or arising from your
service as a member of the Board or any committee thereof with any such expenses being advanced to you within 30 days of your written request therefore; provided that in any matter covered by paragraph (2) of Article Ninth of the Articles of
Incorporation of the Bank your conduct is not finally adjudged in a non-appealable decision by a court of competent jurisdiction to have constituted fraud, bad faith, gross negligence or willful and knowing
violation of any law applicable to the Bank or your service as a director or member of a committee of the Board, in which case there shall be no indemnification and you shall return any advances to the Bank (a
“Non-Indemnifiable Claim”); provided, further, however, that you shall be entitled to indemnification in any circumstance in which you acted or failed to act in reliance upon advice of counsel to the
Bank or the Board or any committee thereof or the court in which such action was brought shall determines upon application, that despite the adjudication of liability but in view of all the circumstances of the case, you are fairly and reasonably
entitled to indemnity for such expenses which the court shall deem proper. Your entitlement to indemnification under this Section 4.c. shall not be limited to your entitlement to protection under any applicable insurance coverage and to any
other indemnification or payment you may be entitled to under the circumstances under the Bank’s articles of incorporation or by-laws or under any other agreement. Notwithstanding the foregoing, the Bank
shall not be obligated to provide any indemnification or advancement of expenses when (i) a Proceeding is between the Bank and you (provided that you shall be entitled to such indemnification in respect of any action brought by or in the right
of the Bank by any shareholder thereof, i.e., a derivative action, and in respect of any action brought by you to establish your right to indemnification hereunder or otherwise; providing any such actions do not constitute a Non-Indemnifiable Claim); or (ii) prohibited by applicable law or regulation, including 12 C.F.R. part 359. 

  

	 	d.	 Each and every provision of this Section 4 is separate and distinct so that if any provision hereof shall
be held to be invalid or unenforceable for any reason, such invalidity or unenforceability shall not affect the validity or enforceability of any other provision hereof. To the extent required, any provision of this Section 4 may be
modified by a court of competent jurisdiction to preserve its validity and to provide you with the broadest possible indemnification permitted under Puerto Rican law. 

 

	 	e.	 If any provision of this Section 4 is invalidated on any ground by any court of competent jurisdiction,
the Bank shall nevertheless indemnify you as to any expenses, judgments, fines, penalties or excise taxes incurred with respect to any Proceeding to the full extent permitted by any provision hereof that has not been invalidated or by any other
applicable provision of Puerto Rico law. 

  

	5.	 General Provisions. 

  

	 	a.	 This Offer Letter supersedes any other agreements or promises made to you by anyone at the Bank, whether oral
or written, and, subject to approval by the Board, comprises the final, complete, and exclusive agreement between you and the Bank. 

  

	 	b.	 This Offer Letter shall be governed by the laws of the Commonwealth of Puerto Rico, without regard to its
principles of conflicts or choices of laws. 

  

	 	c.	 This Offer Letter may be modified only by a written instrument duly executed by you and an authorized
representative of the Bank. 

  

	 	d.	 This Offer Letter may be executed by the parties in separate counterparts, each of which, when so executed and
delivered, shall be an original, but all of which, when taken as a whole, shall constitute one and the same instrument. 

  
 Page 3 of 5

	 	e.	 Any notices that are required to be given pursuant to this Offer Letter must be in writing and may be given by
personal delivery, registered or certified mail (postage prepaid, return receipt requested), facsimile, courier, or overnight mail delivery to the following addresses: 

 

			
	 To the Company:
	  	First BanCorp
		  	PO Box 9146
		  	San Juan, PR 00907-0146
		
	 To You:
	  	Daniel E. Frye
		  	[Intentionally Omitted]

  

	 	f.	 The Bank and you hereby consent to the jurisdiction of the Federal and State courts of the Commonwealth of
Puerto for the purpose of hearing any Proceeding between you and the Bank arising hereunder or in respect to your service as a member of the Board or any committee thereof. 

 

	 	g.	 This Offer Letter shall be binding upon, and shall inure to the benefit of you and your heirs, executors and
administrators, whether or not you have ceased to be a director, and the Bank and its successors and assigns. 

 (SIGNATURE
PAGE FOLLOWS) 

  
 Page 4 of 5

 Please sign and date this Offer Letter below and return it to the Bank as soon as possible
but in no event later than August 31, 2018, to indicate your agreement to the terms and conditions described herein. 
 We look forward
to your favorable reply and to a productive and enjoyable work relationship. 
  

			
	Sincerely,
	
	First BanCorp
		
	By:	 	 /s/ Roberto Herencia

	Roberto Herencia
	Chairman of the Board
	
	Agreed and Accepted:
		
	By:	 	 /s/ Daniel Frye

	Daniel Frye

  
 Page 5 of 5EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
  

 
  

SEVENTH AMENDMENT 
 TO

 FOURTH AMENDED AND RESTATED CREDIT AGREEMENT 

dated as of 
 August 28, 2018

 among 
 GENESIS ENERGY,
L.P., 
 as the Borrower, 

WELLS FARGO BANK, NATIONAL ASSOCIATION, 

as Administrative Agent and Issuing Bank, 

BANK OF AMERICA, N.A. AND BANK OF MONTREAL, 

as Co-Syndication Agents, 

U.S. BANK NATIONAL ASSOCIATION, 

as Documentation Agent, 
 and 

The Lenders Party Hereto 
  

 
  

 SEVENTH AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT 

This SEVENTH AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT, dated as of August 28, 2018 (this “Seventh
Amendment”), is by and among GENESIS ENERGY, L.P., a Delaware limited partnership (the “Borrower”), WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent (in such capacity, together with its
successors in such capacity, the “Administrative Agent”) for the lenders party to the Credit Agreement referred to below (the “Lenders”), and the Lenders party hereto. 

RECITALS 

A.    The Borrower, the Lenders party thereto, the Administrative Agent and the other agents and Issuing Banks referred to
therein are parties to that certain Fourth Amended and Restated Credit Agreement, dated as of June 30, 2014, as amended by that certain First Amendment to Fourth Amended and Restated Credit Agreement, dated as of August 25, 2014, that
certain Second Amendment to Fourth Amended and Restated Credit Agreement and Joinder Agreement, dated as of July 17, 2015, that certain Third Amendment to Fourth Amended and Restated Credit Agreement, dated as of September 17, 2015, that
certainFourth Amendment to Fourth Amended and Restated Credit Agreement and Joinder Agreement, dated as of April 27, 2016, that certain Fifth Amendment to Fourth Amended and Restated Credit Agreement and Second Amendment to Fourth Amended and
Restated Guarantee and Collateral Agreement, dated as of May 9, 2017, and that certain Sixth Amendment to Fourth Amended and Restated Credit Agreement, dated as of July 28, 2017 (as so amended and as further amended, restated, supplemented
or otherwise modified from time to time, the “Credit Agreement”), pursuant to which the Lenders have made certain Loans and provided certain Committed Amounts (subject to the terms and conditions thereof) to the Borrower; and 

B.     The Borrower wishes, and the Lenders signatory hereto and the Administrative Agent are willing, to amend the Credit
Agreement as more fully described herein. 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants herein
contained, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 

SECTION 1. Defined Terms. Each capitalized term used herein but not otherwise defined herein has the meaning given such term in the
Credit Agreement. Unless otherwise indicated, all article, schedule, exhibit and section references in this Seventh Amendment refer to articles, schedules, exhibits and sections of the Seventh Amendment. 

  
 1 

 SECTION 2. Amendments to Credit Agreement. As of the Seventh Amendment Effective Date
(as defined below), the Credit Agreement is amended as follows: 
  

	 	(a)	 Section 1.01 of the Credit Agreement is hereby amended as follows: 

(i) The definition of “Consolidated Total Funded Debt” is hereby amended and restated in its entirety as follows:

 ““Consolidated Total Funded Debt” means, at any date of determination, an amount equal to
(a) the sum of (without duplication) (i) all Indebtedness and Disqualified Equity of the Borrower and its Subsidiaries (on a consolidated basis) as would be required to be reflected as debt or Capital Lease Obligations on the liability
side of a consolidated balance sheet of the Borrower and its Subsidiaries in accordance with GAAP, (ii) all Indebtedness of the Borrower and its Subsidiaries of the type described in clauses (b) (excluding undrawn amounts in respect of letters
of credit and surety bonds and similar obligations) and (g) of the definition of Indebtedness, and (iii) all Guarantees of the Borrower and its Subsidiaries in respect of Indebtedness of any third Person of the type referred to in
preceding clauses (i) and (ii), minus (b) to the extent included in clause (a) above, any such Indebtedness or Guarantees of any Unrestricted Subsidiaries, minus (c) to the extent included in clause (a) above, outstanding
Inventory Financing Sublimit Borrowings; provided, that for purposes of this clause (c), the outstanding Inventory Financing Sublimit Borrowings on the last day of each month (including for purposes of delivery of any certificates pursuant to
Section 5.01(c)) shall be deemed to have been reduced by the Inventory Sublimit Prepayment Amount of a prepayment required to be made in the immediately succeeding calendar month pursuant to Section 2.11(e), minus (d) cash and
Permitted Investments of the Borrower and its Restricted Subsidiaries on such date in an aggregate amount not to exceed $15,000,000 to the extent that the same (i) is not being held as cash collateral (other than as Collateral pursuant to the
Security Documents), (ii) does not constitute escrowed funds for any purpose, (iii) does not represent a minimum balance requirement and (iv) is not subject to other restrictions on withdrawal.” 

(ii) The definition of “Indebtedness” is hereby amended by adding the following at the end thereof: 

“Notwithstanding anything in this definition to the contrary, the term Indebtedness shall not include any liabilities
attributable to existing or future operating leases to the extent such liabilities arise due to any change after January 1, 2017 in GAAP with respect to accounting for leases.” 

(iii) The definition of “Pro Forma Basis” is hereby amended by replacing the period at the end of clause
(iv) thereof with a semicolon and by adding the following proviso at the end thereof: 
 “provided,
however, that without limiting the foregoing, for purposes of clauses (i), (ii) and (iii) above, to the extent that a purchase 

  
 2 

 
and sale agreement or similar agreement with respect to the Designated Divestiture is entered into by any applicable Loan Party and the proposed purchaser on or prior to the Delivery Date (as
defined below) for the fiscal quarter ending June 30, 2018, the calculation of Pro Forma Basis for the relevant Calculation Period or Test Period, as the case may be, solely for the twelve month period ending June 30, 2018, will be
calculated as if the Designated Divestiture had occurred on or prior to June 30, 2018 and all cash proceeds of such Designated Divestiture were used to repay outstanding Loans on June 30, 2018; provided further that (A) the
immediately preceding proviso shall (1) cease to apply with respect to any such calculation for the period described therein from and after the Delivery Date for the fiscal quarter ending September 30, 2018 if, and only if, the Designated
Divestiture is not consummated on or prior to such Delivery Date, and (2) not apply when calculating the Consolidated Leverage Ratio for purposes of determining the Applicable Margin, and (B) for the avoidance of doubt, for purposes of
determining Pro Forma Basis treatment with respect to the Designated Divestiture, if the Designated Divestiture is consummated (1) after June 30, 2018 but on or prior to the Delivery Date for such fiscal quarter or (2) after
September 30, 2018 but on or prior to the Delivery Date for such fiscal quarter, in the case of each of clause (B)(1) and (B)(2), any such Pro Forma Basis determination for any Test Period or Calculation Period that includes such fiscal quarter
shall include the Designated Divestiture as if the Designated Divestiture had occurred during such Test Period or Calculation Period, as applicable. As used herein, “Delivery Date” means, with respect to any fiscal quarter, the date
that is the earlier to occur of (x) the date financial statements and a Compliance Certificate are delivered for such fiscal quarter pursuant to Sections 5.01(b) and 5.01(c) and (y) the date such financial statements and Compliance
Certificate are required to be delivered thereunder.” 
 (iv) The definition of “Transaction Costs” is hereby
amended and restated in its entirety as follows: 
 ““Transaction Costs” means any legal, professional
and advisory fees or other transaction costs and expenses paid (whether or not incurred) by the Borrower or any Restricted Subsidiary in connection with (a) any Acquisition, (b) any Investment in a Permitted Joint Venture, (c) any
Divestiture, or (d) any incurrence of Indebtedness or Disqualified Equity or any issuance of other equity securities to finance, or to refinance Indebtedness or Disqualified Equity incurred to finance, any of the foregoing.” 

  
 3 

	 	(b)	 Section 1.01 of the Credit Agreement is hereby amended by adding the following new definitions in their
proper alphabetical order: 

 ““Designated Divestiture” means the Divestiture by the
Borrower or any Borrower Party disclosed prior to the Seventh Amendment Effective Date to the Administrative Agent and the Required Lenders that are a party to the Seventh Amendment.” 

““Designated Divestiture Date” means the date of the closing, if at all, of the Designated Divestiture.

 ““Seventh Amendment Effective Date” means the “Seventh Amendment Effective Date” as
defined in that certain Seventh Amendment to Fourth Amended and Restated Credit Agreement, dated as of August 28, 2018, among the Borrower, the Administrative Agent and the Lenders party thereto.” 

 

	 	(c)	 Section 6.06(h) of the Credit Agreement is hereby amended and restated in its entirety as follows:

 “(h)    the Designated Divestiture; 

 

	 	(d)	 Section 6.08(A)(e) of the Credit Agreement is hereby amended and restated in its entirety as follows:

 “(e)    the Borrower Parties may make other Restricted Payments not otherwise
permitted by the foregoing clauses in this Section 6.08 in an amount in the aggregate during any 12-month period not to exceed an amount equal to 1.0%, or, on and after the Designated
Divestiture Date, 1.5%, of Consolidated Net Tangible Assets as of the most recent delivery of financial statements pursuant to Section 5.01(a) or Section 5.01(b); provided that, solely to the extent that the Designated Divestiture
Date occurs, the Borrower’s Consolidated Leverage Ratio on a Pro Forma Basis, both immediately before and after such Restricted Payment, is not in excess of 5.00 to 1.00; provided further that, with respect to each of clauses (a),
(b), (c), (d) and (e) above, that no Default has occurred and is continuing or would result therefrom; and” 
  

	 	(e)	 Section 6.14(a) of the Credit Agreement is hereby amended and restated in its entirety as follows:

 “(a)    Leverage Ratio. The Borrower will not permit its Consolidated
Leverage Ratio to be in excess of (i) 5.75 to 1.00 as of the last day of the Test Periods ending on June 30, 2017 through June 30, 2018, (ii) 5.50 to 1.00 as of the last day of the Test Periods ending on September 30, 2018 through
December 31, 2019, (iii) 5.25 to 1.00 as of the last day of the Test Periods ending on March 31, 2020 through December 31, 2020 and (iv) 5.00 to 1.00 as of the last day of any Test Period thereafter; provided that, if the
Designated Divestiture Date occurs, the Borrower will not permit its Consolidated Leverage Ratio to be in excess of (i) 5.75 to 1.00 as of the last day of the Test Periods ending on June 30, 2017 through June 30, 2018, and (ii) 5.50 to
1.00 as of the last day of any Test Period thereafter.” 

  
 4 

	 	(f)	 Section 6.14(b) of the Credit Agreement is hereby amended and restated in its entirety as follows:

 “(b)    Senior Secured Leverage Ratio. Prior to the Investment Grade
Date, the Borrower will not permit its Consolidated Senior Secured Leverage Ratio to be in excess of 3.75 to 1.00 as at the last day of each Test Period, commencing with the Test Period ending September 30, 2015; provided that, if the
Designated Divestiture Date occurs, the Borrower will not permit its Consolidated Senior Secured Leverage Ratio to be in excess of (i) 3.75 to 1.00 as of the last day of the Test Period ending on June 30, 2018, and (ii) 3.50 to 1.00 as of the
last day of any Test Period thereafter.” 
 SECTION 3. Conditions to Effectiveness. This Seventh Amendment shall not become
effective until the date (the “Seventh Amendment Effective Date”) on which each of the following conditions is satisfied (or waived in accordance with Section 9.02 of the Credit Agreement): 

 

	 	(a)	 The Administrative Agent shall have received from the Required Lenders and the Borrower executed counterparts
(in such number as may be requested by the Administrative Agent) of this Seventh Amendment. 

  

	 	(b)	 The purchase and sale agreement or similar agreement governing the Designated Divestiture shall have been
executed or shall be executed substantially contemporaneously with the effectiveness of this Seventh Amendment. 

  

	 	(c)	 The Administrative Agent shall have received such other documents as the Administrative Agent or special
counsel to the Administrative Agent may reasonably request. 

 The Administrative Agent shall notify the Borrower and the Lenders of the
Seventh Amendment Effective Date, and such notice shall be conclusive and binding. 
 SECTION 4. Miscellaneous. 

 

	 	(a)	 Confirmation. The provisions of the Loan Documents, as amended by this Seventh Amendment, shall remain
in full force and effect in accordance with their terms following the effectiveness of this Seventh Amendment. 

  

	 	(b)	 Ratification and Affirmation; Representations and Warranties. Each of the undersigned does hereby adopt,
ratify, and confirm the Credit Agreement and the other Loan Documents, as amended hereby, and its obligations thereunder. The Borrower hereby (a) acknowledges, renews and extends its continued liability under each Loan Document to which it is a
party and agrees that each Loan Document to which it is a party remains in full force and effect, except as expressly amended hereby, notwithstanding the amendments contained herein, (b) confirms and ratifies all of its obligations under the
Loan Documents to which it is a party, including its obligations and the Liens granted by it under the Security Documents to which it is a party, (c) confirms that all references in such Security

  
 5 

	 	
Documents to the “Credit Agreement” (or words of similar import) refer to the Credit Agreement as amended and supplemented hereby without impairing any such obligations or Liens in any
respect and (d) represents and warrants to the Lenders that: (i) as of the date hereof, after giving effect to the terms of this Seventh Amendment, all of the representations and warranties contained in each Loan Document to which it is a
party are true and correct in all material respects (except that any such representations and warranties that are modified by materiality shall be true and correct in all respects), except to the extent any such representations and warranties are
expressly limited to an earlier date, in which case, such representations and warranties shall continue to be true and correct in all material respects as of such specified earlier date (except that any such representations and warranties that are
modified by materiality shall be true and correct in all respects as of such specified earlier date); and (ii) as of the date hereof, after giving effect to this Seventh Amendment, no Default has occurred and is continuing. 

 

	 	(c)	 Loan Document. This Seventh Amendment and each agreement, instrument, certificate or document executed
by the Borrower or any other Borrower Party or any of its or their respective officers in connection therewith are “Loan Documents” as defined and described in the Credit Agreement and all of the terms and provisions of the Loan Documents
relating to other Loan Documents shall apply hereto and thereto. 

  

	 	(d)	 Counterparts. This Seventh Amendment may be executed by one or more of the parties hereto in any number
of separate counterparts, and all of such counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of this Seventh Amendment by facsimile or other electronic transmission shall be effective as delivery of a
manually executed counterpart hereof. 

  

	 	(e)	 NO ORAL AGREEMENT. THIS SEVENTH AMENDMENT, THE CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS EXECUTED IN
CONNECTION HEREWITH AND THEREWITH REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR UNWRITTEN ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO SUBSEQUENT ORAL AGREEMENTS BETWEEN THE
PARTIES. 

  

	 	(f)	 GOVERNING LAW. THIS SEVENTH AMENDMENT (INCLUDING, BUT NOT LIMITED TO, THE VALIDITY AND ENFORCEABILITY
HEREOF) SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 

  

	 	(g)	 THE PROVISIONS OF SECTION 9.09(B) AND (C) AND SECTION 9.10 OF THE CREDIT AGREEMENT SHALL APPLY, MUTATIS
MUTANDIS, TO THIS SEVENTH AMENDMENT. 

 [Remainder of page intentionally left blank] 

  
 6 

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

			
	BORROWER:
	
	GENESIS ENERGY, L.P.,
		
	By:	 	GENESIS ENERGY, LLC, its general partner
		
	By:	 	 /s/ Robert V. Deere

		 	Robert V. Deere
		 	Chief Financial Officer

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Administrative Agent, Issuing Bank and a Lender

		
	By:	 	 /s/ J. Christopher Lyons

	Name:	 	J. Christopher Lyons
	Title:	 	Managing Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,

as a Lender

		
	By:	 	 /s/ J. Christopher Lyons

	Name:	 	J. Christopher Lyons
	Title:	 	Managing Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 BMO HARRIS FINANCING, INC.,

as a Lender

		
	By:	 	 /s/ Kevin Utsey

	Name:	 	Kevin Utsey
	Title:	 	Managing Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 DEUTSCHE BANK AG – NEW YORK BRANCH,

as a Lender

		
	By:	 	 /s/ Shai Bandner

	Name:	 	Shai Bandner
	Title:	 	Director
		
	By:	 	 /s/ Chris Chapman

	Name:	 	Chris Chapman
	Title:	 	Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 ABN AMRO CAPITAL USA, LLC,

as a Lender

		
	By:	 	 /s/ Brody Summerall

	Name:	 	Brody Summerall
	Title:	 	Vice President
		
	By:	 	 /s/ Darrell Holley

	Name:	 	Darrell Holley
	Title:	 	Managing Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 BNP PARIBAS, 
 as a
Lender

		
	By:	 	 /s/ Mark Renaud

	Name:	 	Mark Renaud
	Title:	 	Managing Director
		
	By:	 	 /s/ Ellen Mo

	Name:	 	Ellen Mo
	Title:	 	Vice President

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 CAPITAL ONE, NATIONAL ASSOCIATION,

as a Lender

		
	By:	 	 /s/ Christopher Kuna

	Name:	 	Christopher Kuna
	Title:	 	Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 THE BANK OF NOVIA SCOTIA, HOUSTON BRANCH,

as a Lender

		
	By:	 	 /s/ Alfredo Brahim

	Name:	 	Alfredo Brahim
	Title:	 	Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 SUMITOMO MITSUI BANKING

CORPORATION,
 as a Lender

		
	By:	 	 /s/ Katsuyuki Kubo

	Name:	 	Katsuyuki Kubo
	Title:	 	Managing Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

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

		
	By:	 	 /s/ Michael Clayborne

	Name:	 	Michael Clayborne
	Title:	 	Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 CITIBANK, N.A.,
 as a
Lender

		
	By:	 	 /s/ Michael Zeller

	Name:	 	Michael Zeller
	Title:	 	Vice President

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 ROYAL BANK OF CANADA,
 as a
Lender

		
	By:	 	 /s/ Katy Berkemeyer

	Name:	 	Katy Berkemeyer
	Title:	 	Authorized Signatory

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 COMPASS BANK, 
 as a
Lender

		
	By:	 	 /s/ Gabriella Azcarate

	Name:	 	Gabriella Azcarate
	Title:	 	Vice President

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 FIFTH THIRD BANK,
 as a
Lender

		
	By:	 	 /s/ Jonathan H. Lee

	Name:	 	Jonathan H. Lee
	Title:	 	Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 REGIONS BANK, 
 as a
Lender

		
	By:	 	 /s/ Stuart Murray

	Name:	 	Stuart Murray
	Title:	 	Director

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 DNB CAPITAL LLC,
 as a
Lender

		
	By:	 	 /s/ Byron Cooley

	Name:	 	Byron Cooley
	Title:	 	Senior Vice President
		
	By:	 	 /s/ Einar Gulstad

	Name:	 	Einar Gulstad
	Title:	 	Senior Vice President

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 CADENCE BANK, N.A.,
 as a
Lender

		
	By:	 	 /s/ William W. Brown

	Name:	 	William W. Brown
	Title:	 	Executive Vice President

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 ZB, N.A. dba AMEGY BANK,
 as
a Lender

		
	By:	 	 /s/ Sam Trail

	Name:	 	Same Trail
	Title:	 	Senior Vice President

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 TRUSTMARK NATIONAL BANK,
 as
a Lender

		
	By:	 	 /s/ Jeff Deutsch

	Name:	 	Jeff Deutsch
	Title:	 	Senior Vice President

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 COMERICA BANK, 
 as a
Lender

		
	By:	 	 /s/ William B. Robinson

	Name:	 	William B. Robinson
	Title:	 	Senior Vice President

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement] 

 
			
	 BOK FINANCIAL NA, dba BANK OF TEXAS,

as a Lender

		
	By:	 	 /s/ Marisol Salazar

	Name:	 	Marisol Salazar
	Title:	 	Senior Vice President

  
 [Signature Page –
Seventh Amendment to Fourth Amended and 
 Restated Credit Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00287-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00287-of-00352.parquet"}]]