Document:

AMGN-EX10.52_2013.3.31-Q1

Exhibit 10.52

AMENDMENT NUMBER 4
TO THE INTEGRATED FACILITIES MANAGEMENT SERVICES AGREEMENT
BETWEEN JONES LANG LASALLE AMERICAS, INC. AND AMGEN INC.

This Amendment Number 4 (“Amendment 4”) is entered into as of March 20, 2013 by and between Jones Lang LaSalle Americas, Inc. (“Provider”) and Amgen Inc. (“Company”).
RECITALS
A.Company and Provider entered into that certain agreement titled Integrated Facilities Management Services Agreement effective as of February 4, 2009 and identified by contract number CSV-09-51444 pursuant to which Provider is to be performing integrated facilities services with respect to facilities operations and maintenance and general services as set forth therein (“Original Agreement”).
B.Thereafter, Company and Provider amended the Original Agreement through that certain Amendment Number 1 entered into as of March 31, 2010, Amendment Number 2 entered into as of May 12, 2011, and Amendment Number 3 entered into as of July 1, 2011 (the Original Agreement together with the above-referenced amendments shall be referred to hereinafter as the “Agreement”).
C.Company and Provider desire, and are willing, to amend the Agreement as set forth herein.
AGREEMENT
NOW, THEREFORE, in consideration of the mutual promises, covenants, conditions and provisions contained or referenced herein, the parties have reviewed and accepted all referenced material and any appendices, exhibits or other attachments hereto and agree to be bound by the terms and conditions set forth in the Agreement as modified herein as follows:
		
	1.
	DEFINITIONS

1.1    Capitalized Terms.  All capitalized terms not defined herein shall have the meaning ascribed to them in the Agreement.  In the event of a conflict between the capitalized terms defined and set forth in this Amendment 4 and the defined terms of the Agreement, the definitions set forth in this Amendment 4 shall control.
2.AMENDMENTS TO THE AGREEMENT
2.1Amendment to Section 3.8 of the Agreement. Section 3.8 (Service Level Reporting) of the Agreement is amended by replacing the text beginning with “3.8    Service Level Reporting. No later than” and ending with “Each such report shall:”, inclusive, with the following text:
“3.8    Service Level Reporting.  No later than the eighth (8th) business day of each calendar month unless otherwise approved in writing (which writing, for purposes of this sentence, may take the form of a letter, a memo or an email from Company) and in advance by Company (or as otherwise specified in Exhibit C) during the Term and Termination Assistance Period, Provider shall provide Company with a monthly (or as otherwise specified in Exhibit C) performance report describing Provider's performance of the Services in the preceding month (or other time frame specified in Exhibit C), which report shall be made available to Company in an online, electronic form.  Each report shall:”
2.2Amendment to Section 5.6 of the Agreement. Section 5.6 (Effect of Acceptance) of the Agreement is amended by deleting it in its entirety and replacing it with the following:
“5.6    Effect of Acceptance.  No Change shall become effective without the approval of Company and Provider and, notwithstanding anything to the contrary set forth in this Article 5, such approval shall be in a writing signed by both Parties or approved of pursuant to an approval process specified by Company and maintained in Company's electronic system located at the following electronic location:
https://XXXXXXX.XXXXX.com/sites/JLLSERVICEMGMT/CCR/default.aspx

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(which electronic location may be changed from time to time by Company upon prior written notice to Provider).  If approved by Company and Provider, any such Change shall thereafter be deemed part of Provider's obligations under this Agreement and the relevant Order. Under no circumstances shall Provider be entitled to payment for any Change in Services that has not been approved by Company in accordance with this Article 5.”
2.3Amendment to Section 32.3 of the Agreement. Section 32.3 (Notices) of the Agreement is amended by adding the following to the end of that Section 32.3:
“Notwithstanding the foregoing, any notice required or permitted hereunder with respect to the subject matter set forth below shall be in writing (which writing, if specified in this Section 32.3 as permitted to be in an electronic format, shall be made to the email address specified herein) and submitted to the specified address or such other address as is subsequently specified by the Party in writing:
With respect to notices required or given pursuant to Exhibit C (Key Performance Indicators/Service Level Agreements), Article 5 (Establishing Orders and Change Control), Article 12 (Relationship Between Company and Provider), Section 13.1 (Subcontractors), Section 13.3 (Supply Contracts/Equipment Leases), Section 13.7 (Affiliates), 13.14 (Labor Management), Article 15 (Audits and Recordkeeping) and Section 23.1 (Safety Obligations) of the Agreement: 
    	
		
	If to Company:
XXX-XXXXXXXXXX@amgen.com
With a copy to:
XXXXXX XXXXXXX, Company Program Manager at XXXXXXX@amgen.com
	If to Provider:
XXXXX.XXX@am.jll.com
With a copy to:
XXXXX XXXX, Provider Program Manager at XXXXX.XXXX@am.jll.com

"
2.4Amendment to Sub-section (b) of Section 3.10 (Incentive Compensation) of Exhibit D (Pricing) to the Agreement. Sub-section (b) of Section 3.10 (Incentive Compensation) of Exhibit D (Pricing) to the Agreement is hereby amended by replacing in the final sentence in that sub-section the words “Company shall pay to Provider undisputed amounts of Provider's Shared Savings” with the following:  “Company shall pay to Provider undisputed amounts of Incentive Compensation”.
2.5Amendment to Sub-section 6.1 (Cost Baseline) of Section 6 (Savings Initiative Requirements and Process) of Exhibit D (Pricing) to the Agreement. Sub-section 6.1 (Cost Baseline) of Section 6 (Savings Initiative Requirements and Process) of Exhibit D (Pricing) to the Agreement is hereby amended by replacing the phrase “2010 Fiscal Year Potential Management Fees with the following:  “2010 Fiscal Year actual Management Fees”.
2.6Amendment to Exhibit H (Quality Plan) of the Agreement. Exhibit H (Quality Plan) of the Agreement is hereby amended and replaced in its entirety with the following:  “Provider and Company acknowledge and agrees that that certain document setting forth the minimum expected quality requirements signed by Provider (dated November 8, 2011) and Company (dated November 10, 2011) (the “Quality Plan”) is incorporated herein by reference and applies hereto.  Changes to the Quality Plan will be made pursuant to Article 5 of the Agreement.” 
2.7Amendment to Exhibit M (Background Check Certification Form) of the Agreement. Exhibit M (Background Check Certification Form) of the Agreement is hereby amended and replaced in its entirety with the following:  “Company may make changes to the Background Check Certification Form upon prior written notice to Provider.  Notwithstanding anything to the contrary in the Agreement, such notice to be made to Provider at the following email address:  XXXXXXXX@amgen.com (the “Background Form Notice Recipient”). Provider may, upon prior written notice to Company, from time to time change the email address of the Background Form Notice Recipient.” 

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3.CONCLUSION
Except as amended and supplemented hereby, all of the terms and conditions of the Agreement shall remain and continue in full force and effect and apply hereto.
	
		
	IN WITNESS THEREOF, the authorized representatives of the parties have executed this Amendment 4 to the Agreement as of the date first set forth above.

	 
	 

	JONES LANG LASALLE AMERICAS, INC.
	AMGEN INC.

	By:  /s/ Scott S. Darling
	By:  /s/ Sergio de Andrade

	Name:  Scott S. Darling
	Name:  Sergio de Andrade

	Title:  Account Executive, SRVP Jones
Lang LaSalle Corporate Solutions
	Title:  Senior Manager

3Exhibit 4.1

 

WEATHERFORD INTERNATIONAL LTD.,

a Bermuda exempted company

as Issuer

WEATHERFORD INTERNATIONAL, INC.,

a Delaware corporation

as Guarantor

WEATHERFORD INTERNATIONAL LTD.,

a Swiss joint-stock corporation

as Guarantor

and

DEUTSCHE BANK TRUST COMPANY AMERICAS,

as Trustee

SEVENTH SUPPLEMENTAL INDENTURE

Dated as of March 31, 2013

To

INDENTURE

Dated as of October 1, 2003

 

SEVENTH SUPPLEMENTAL INDENTURE dated as of March 31, 2013 (this "Supplemental Indenture"), among Weatherford International Ltd., a Bermuda exempted company (the "Company"), Weatherford International Ltd., a Swiss joint-stock corporation ("Weatherford Switzerland"), Weatherford International, Inc., a Delaware corporation ("Weatherford Delaware" and, together with Weatherford Switzerland, the "Guarantors"), and Deutsche Bank Trust Company Americas, a New York banking corporation, as trustee under the Indenture referred to below (in such capacity, the "Trustee").

RECITALS OF THE COMPANY

WHEREAS, the Company, Weatherford Delaware and the Trustee are parties to an Indenture dated as of October 1, 2003 (the "Original Indenture") (the Original Indenture, as supplemented from time to time, including without limitation pursuant to this Supplemental Indenture, being referred to herein as the "Indenture");

WHEREAS, the Board of Directors of Weatherford Delaware has determined that it is fair, advisable and in the best interests of Weatherford Delaware to convert its corporate form from a Delaware corporation to a Delaware limited liability company pursuant to Section 266 of the Delaware General Corporation Law (the "DGCL") and Section 18-214 of the Delaware Limited Liability Company Act (the "Act") to be called "Weatherford International, LLC" (the "Conversion"), and has recommended approval of the Conversion to the stockholder of Weatherford Delaware and the stockholder has authorized the Conversion;

WHEREAS, under the laws of the State of Delaware, Weatherford Delaware will continue in existence and will remain entitled to and vested in any and all of its rights, privileges and powers following the Conversion, and Section 266(d) of the DGCL provides that the conversion of a Delaware corporation into a Delaware limited liability company shall not be deemed to affect any obligations or liabilities of such corporation incurred prior to such conversion;

WHEREAS, in connection with the Conversion, the Board of Directors of each of the Company and Weatherford Delaware has determined that it is fair, advisable and in the best interests of and beneficial to each of the Company and Weatherford Delaware to enter into this Supplemental Indenture for the purposes of reflecting the Conversion;

WHEREAS, the Conversion will become effective upon the filing with the Delaware Secretary of State of a Certificate of Conversion under Section 266 of the DGCL and a Certificate of Formation of Weatherford International, LLC under Section 18-201 of the Act, the date of effectiveness of the Conversion being referred to herein as the "Effective Date;"

WHEREAS, Section 9.1(10) of the Indenture provides that the Company, when authorized by a Board Resolution, the Guarantors and the Trustee may enter into one or more indentures supplemental to the Original Indenture for any of the purposes set forth in such Section without the consent of any of the Holders;

WHEREAS, the Board of Directors of the Company has determined that this Supplemental Indenture complies with the requirements of Section 9.1(10) of the Original Indenture; and

WHEREAS, this Supplemental Indenture has been duly authorized by all necessary action on the part of the Company, including a Board Resolution.

NOW, THEREFORE, in consideration of the premises, agreements and obligations set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree, for the equal and proportionate benefit of all Holders of the Outstanding Securities, as follows:

 

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ARTICLE 1

Relation to Indenture; Definitions

SECTION 1.01.   Relation to Indenture.

With respect to the Outstanding Securities and the Guarantees thereof by the Guarantors, this Supplemental Indenture constitutes an integral part of the Indenture.

SECTION 1.02.   Definitions.

For all purposes of this Supplemental Indenture, capitalized terms used herein and not otherwise defined herein shall have the meanings assigned thereto in the Original Indenture, as previously supplemented and amended.

SECTION 1.03.   General References.

All references in this Supplemental Indenture to Articles and Sections, unless otherwise specified, refer to the corresponding Articles and Sections of this Supplemental Indenture; and the terms "herein," "hereof," "hereunder" and any other word of similar import refers to this Supplemental Indenture.

ARTICLE 2

Amendments

SECTION 2.01. Amendment to Weatherford Delaware's Name and Entity Type.

As at the Effective Date, all references in the Indenture to "Weatherford International, Inc., a corporation duly organized and existing under the laws of the State of Delaware" shall be amended to refer to "Weatherford International, LLC, a limited liability company duly organized and existing under the laws of the State of Delaware" in each instance.  In addition, all references in the Indenture to "Weatherford International, Inc." shall be amended to refer "Weatherford International, LLC" in each instance, and each reference to "Weatherford Delaware" in the Indenture shall be deemed to refer to Weatherford International, LLC, a limited liability company duly organized and existing under the laws of the State of Delaware.

ARTICLE 3

Miscellaneous

SECTION 3.01.   Certain Trustee Matters.

The recitals contained herein are an integral part of this Supplemental Indenture and 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 validity or sufficiency of this Supplemental Indenture or the Outstanding Securities or the proper authorization or the due execution hereof or thereof by the Company.

SECTION 3.02.   Continued Effect.

Except as expressly supplemented and amended by this Supplemental Indenture, the Indenture shall continue in full force and effect in accordance with the provisions thereof, and the Indenture, as supplemented and amended hereby and thereby, is in all respects hereby ratified and confirmed. This Supplemental Indenture and all of its provisions shall be deemed a part of the Indenture, as supplemented and amended, in the manner and to the extent herein and therein provided.

SECTION 3.03.   Governing Law.

This Supplemental Indenture shall be governed by and construed in accordance with the laws of the State of New York.

SECTION 3.04.   Counterparts.

This instrument may be executed in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

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

WEATHERFORD INTERNATIONAL LTD.

a Bermuda exempted company

as Issuer

By:            /s/ Joseph C. Henry

Name:            Joseph C. Henry

Title:            Senior Vice President, Co-General Counsel and  Assistant Secretary

WEATHERFORD INTERNATIONAL LTD.

a Swiss joint-stock corporation

as Guarantor

By:            /s/ Joseph C. Henry  

Name:            Joseph C. Henry

Title:            Senior Vice President, Co-General Counsel and  Corporate Secretary

WEATHERFORD INTERNATIONAL, INC.

a Delaware corporation

as Guarantor

By:            /s/ Joseph C. Henry

Name:            Joseph C. Henry

Title:            Senior Vice President- Legal and Corporate Secretary

DEUTSCHE BANK TRUST COMPANY AMERICAS

By: Deutsche Bank National Trust Company

as Trustee

By:            /s/ Chris Niesz

Name:            Chris Niesz

Title:            Associate

By:            /s/ Jeffrey Schoenfeld

Name:            Jeffrey Schoenfeld

Title:            Assistant Vice President

 

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