Document:

Bank of America December 26, 2008 Amended Loan Agreement

 Exhibit 10.42 
 

 
 AMENDMENT TO LOAN AGREEMENT 
 This Amendment (the “Amendment”) dated as of December     , 2008, is between Bank of America, N.A. (the “Bank”) and Neogen Corporation, a corporation organized under the
laws of the State of Michigan (the “Borrower”). 
 RECITALS 
 A. Borrower and LaSalle Bank Midwest National Association, the successor by merger to which is the Bank, entered into a Loan Agreement dated
December 16, 2005, as amended by an Amendment Agreement dated April 25, 2007 and an Amendment Agreement dated January 9, 2008 (collectively, the “Loan Agreement”), pursuant to which the Bank has extended to the Borrower a
loan, as evidenced by a Revolving Note dated December 16, 2005 and amended and restated as of the date hereof in the principal amount of $10,000,000.00 (the “Revolving Note”). 
 B. The Bank and the Borrower desire to amend the Loan Agreement and the Revolving Note. 
 AGREEMENT 
 1. Definitions. Capitalized terms used but not defined in
this Amendment shall have the meanings given to them in the Loan Agreement. 
 2. Amendments to Loan Agreement. The Loan Agreement is
hereby amended as follows: 
 2.1 Definition of Revolving Interest Rate. The definition of “Revolving Interest Rate” in
Section 1.1 of the Loan Agreement is hereby amended in its entirety to read as follows: 
 “Revolving Interest Rate”
shall mean the interest rate for the Revolving Loan set forth in the Revolving Note, as amended and restated as of December __, 2008. 
 2.2
Definition of Revolving Loan Commitment. The definition of “Revolving Loan Commitment” in Section 1.1 of the Loan Agreement is hereby amended in its entirety to read as follows: 
 “Revolving loan Commitment” shall mean Ten Million and 00/100 Dollars ($10,000,000.00). 
 2.3 Definition of Revolving Loan Maturity Date. The definition of “Revolving Loan Maturity Date” in Section 1.1 of the Loan
Agreement is hereby amended in its entirety to read as follows: 
 “Revolving Loan Maturity Date” shall mean December 1,
2010, unless extended by the Bank pursuant to a written modification, extension or renewal agreement executed by the Borrower and accepted by the Bank in the Bank’s sole and absolute discretion. 
  

 - 1 - 

 2.4 Definition of Revolving Note. The definition of “Revolving Note” in Section 1.1
of the Loan Agreement is hereby amended in its entirety to read as follows: 
 “Revolving Note” shall mean the Amended and
Restated Promissory Note from the Borrower to the Bank dated December     , 2008, together with any renewal, extension, modification, or replacement thereof executed by the Borrower and accepted by the Bank in the
Bank’s sole and absolute discretion. 
 2.5 Deletion of Sections 2.2, 2.3 and 2.4 of the Loan Agreement. Sections 2.2, 2.3 and 2.4
of the Loan Agreement are hereby deleted in their entirety and their respective headings shall read as follows: 
 Section 2.2
Reserved. 
 Section 2.3 Reserved. 
 Section 2.4 Reserved. 
 2.6 Unused Line Fee. Section 2.7 of the Loan Agreement is
hereby amended in its entirety to read as follows: 
 Section 2.7 Unused Line Fee. Borrower shall pay to the Bank an unused line
fee equal to fifteen basis points (0.15%) per annum of the difference between the Revolving Loan Commitment and the average daily balance of the Revolving Loans (“Unused Line Fee”). The Unused Line Fee shall be (i) computed for each
calendar quarter using the average daily balance of the Revolving Loans for that calendar quarter, and (ii) deemed fully earned by the Bank and payable in arrears on the first Business Day of each calendar quarter for the immediately preceding
quarter. The Unused Line Fee shall be calculated on the basis of a 360 day year. 
 2.7 Use of Proceeds. Section 8.11 of the Loan
Agreement is hereby amended in its entirety to read as follows: 
 Section 8.11 Use of Proceeds. Neither the Borrower nor any of
its Subsidiaries or Affiliates shall use any portion of the proceeds of the Loans, either directly or indirectly, for the purpose of purchasing any securities underwritten by any Affiliate of the Bank. 
 2.8 Deletion of Section 9.1 of the Loan Agreement. Section 9.1 of the Loan Agreement is hereby deleted in its entirety and its respective
headings shall read as follows: 
 Section 9.1 Reserved. 
 2.9 Modification of Address for Notice to the Bank. Section 12.17 is hereby amended to provide that the address for notice to the Bank is as
follows: 
 Bank of America, N.A. 
 201 Townsend Street, Suite 600 
 Lansing, MI 48933 
 Attention: James R. Spoelma 
  

 - 2 - 

 3. Representations and Warranties. When the Borrower signs this Amendment, the Borrower represents
and warrants to the Bank that: (a) there is no event which is, or with notice or lapse of time or both would be, a default under the Loan Agreement except those events, if any, that have been disclosed in writing to the Bank or waived in
writing by the Bank, (b) the representations and warranties in the Loan Agreement are true as of the date of this Amendment as if made on the date of this Amendment, (c) this Amendment does not conflict with any law, agreement, or
obligation by which the Borrower is bound, and (d) this Amendment is within the Borrower’s powers, has been duly authorized, and does not conflict with the Borrower’s Articles of Incorporation, Bylaws or governing documents.

 4. Conditions. This Amendment will be effective when the Bank receives the following items, in form and content acceptable to the
Bank: 
 4.1 The Revolving Note as amended and restated as of the date hereof. 
 4.2 Payment by the Borrower of all costs, expenses and attorneys’ fees (including allocated costs for in-house legal services)
incurred by the Bank in connection with this Amendment. 
 4.3 Such other closing documents as the Bank may require in
connection with this Amendment. 
 5. Effect of Amendment. Except as provided in this Amendment, all of the terms and conditions of
the Loan Agreement shall remain in full force and effect. 
 6. Counterparts. This Amendment may be executed in counterparts, each of
which when so executed shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument. 
 7. FINAL AGREEMENT. BY SIGNING THIS DOCUMENT EACH PARTY REPRESENTS AND AGREES THAT: (A) THIS DOCUMENT REPRESENTS THE FINAL AGREEMENT BETWEEN PARTIES WITH RESPECT TO THE SUBJECT MATTER HEREOF, (B) THIS DOCUMENT
SUPERSEDES ANY COMMITMENT LETTER, TERM SHEET OR OTHER WRITTEN OUTLINE OF TERMS AND CONDITIONS RELATING TO THE SUBJECT MATTER HEREOF, UNLESS SUCH COMMITMENT LETTER, TERM SHEET OR OTHER WRITTEN OUTLINE OF TERMS AND CONDITIONS EXPRESSLY PROVIDES TO THE
CONTRARY, (C) THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES, AND (D) THIS DOCUMENT MAY NOT BE CONTRADICTED BY EVIDENCE OF ANY PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OR UNDERSTANDINGS OF THE PARTIES.

  

 - 3 - 

 This Amendment is executed as of the date stated at the beginning of this Amendment. 
  

			
	Bank of America, N.A.
		
	By:	 	  

		 	James R. Spoelma
	Its:	 	Senior Vice President
	
	Neogen Corporation
		
	By:	 	  

		 	Richard R. Current
	Its:	 	Vice President and Chief Financial Officer

  

 - 4 -Second Amendment Relationship Agreement

 EXHIBIT 10.1 
 SECOND AMENDMENT TO RELATIONSHIP AGREEMENT 
 This Second Amendment to Relationship Agreement (this
“Amendment”) dated as of January 5, 2009 is by and between Allscripts-Misys Healthcare Solutions, Inc., a Delaware corporation (“Allscripts”), and Misys plc, a public limited company incorporated under the laws
of England and Wales (“Misys”). 
 RECITALS 
 WHEREAS, Allscripts and Misys entered into that certain Relationship Agreement dated as of March 17, 2008 (as amended by the First Amendment
to Relationship Agreement, dated as of August 14, 2008, the “Relationship Agreement”), providing for, among other things, the regulation of the relationship between them after the Merger (as defined in the Relationship
Agreement); and 
 WHEREAS, Allscripts and Misys desire to amend the Relationship Agreement as set forth herein. 
 NOW, THEREFORE, in consideration of the foregoing premises and of other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged by the parties hereto, and of the mutual covenants and agreements set forth herein and in the Relationship Agreement, the parties intending to be legally bound hereby agree as follows: 
 AGREEMENT 
 1.
Definitions. Capitalized terms used herein without definition shall have the respective meanings assigned to such terms in the Relationship Agreement. 
 2. Section 9.2(a) (Receiver Share Schemes). Clause (W) of the second sentence of Section 9.2(a) of the Relationship
Agreement is hereby deleted in its entirety and replaced with the following: 
 “(W) 1.95% of the number of Fully-Diluted Shares
outstanding at the close of business on the Closing Date plus” 
 3. Section 9.2(d) (Receiver Share Schemes).
Section 9.2 of the Relationship Agreement is hereby amended by inserting the following as a new subsection (d) to Section 9.2: 
 “(d)(1) Quarterback agrees that, in connection with a proposal by Receiver to increase the number of shares available under the Receiver Share Schemes by up to 10,000,000 shares, it shall (a) cause any and all shares of Receiver
Common Stock held by the Quarterback Group to be voted in favor of such proposal, whether at an annual or special meeting of Receiver stockholders or otherwise, and (b) take all other reasonable actions in furtherance thereof; provided however
that Quarterback’s obligations under this sub-clause (d) are conditional upon the proposal falling within the scope of the resolution approved by the shareholders of Quarterback at the extraordinary general meeting held in London on
December 9, 2008. (2) Quarterback shall not, and shall cause the Quarterback Group to not, Transfer or agree to Transfer, directly or indirectly, any shares of Receiver common stock to any Person or group (other than Receiver or another
member of the Quarterback Group) if such Transfer would result in Quarterback holding less than 50.1% of Receiver common stock on a fully diluted basis, 

  

 1 

 
unless prior to such Transfer, the transferee agrees in a writing addressed to Receiver to assume and honor all of Quarterback’s obligations under this
Section 9.2(d). (3) Receiver agrees that, upon receipt of a written request from Quarterback to do so, it shall as promptly as practicable put the proposal referred to in sub-clause (1) above to a vote of Receiver stockholders whether
at an annual or special meeting of Receiver stockholders or otherwise” 
 4. Effect on the Relationship Agreement.
(a) On and after the date hereof, each reference in the Relationship Agreement to “this Agreement”, “herein”, “hereof”, “hereunder” or words of similar import shall mean and be a reference to the
Relationship Agreement as amended hereby. 
 (b) Except as specifically amended by this Amendment, the Relationship Agreement shall remain in
full force and effect and the Relationship Agreement, as amended by this Amendment, is hereby ratified and confirmed in all respects. Upon the execution and delivery hereof, the Relationship Agreement shall thereupon be deemed to be amended as
hereinabove set forth as fully and with the same effect as if the amendment made hereby was originally set forth in the Relationship Agreement, and this Amendment and the Relationship Agreement shall henceforth be read, taken and construed as one
and the same instrument, but such amendments and supplements shall not operate so as to render invalid or improper any action heretofore taken under the Relationship Agreement. 
 [Remainder of Page Intentionally Left Blank] 
  

 2 

 IN WITNESS WHEREOF, each of the parties hereto has caused this Second Amendment to Relationship
Agreement be executed by its duly authorized officer as of the day and year first above written. 
  

			
	ALLSCRIPTS-MISYS HEALTHCARE SOLUTIONS, INC.
		
	By:	 	/s/ Glen Tullman
	Name:	 	Glen Tullman
	Title:	 	Chief Executive Officer

  

			
	MISYS PLC
		
	By:	 	/s/ Mike Lawrie
	Name:	 	Mike Lawrie
	Title:	 	Chief Executive Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00151-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00151-of-00352.parquet"}]]