Document:

Exhibit 10.3

 

EXECUTION COPY

 

FIRST AMENDMENT

TO THE CREDIT AGREEMENT

dated as of June 27, 2007

 

Among

 

CASCADES INC.

CASCADES USA INC.

CASCADES EUROPE SAS

CASCADES ARNSBERG GMBH

(as Borrowers)

 

- and –

 

SCOTIA CAPITAL

(as Sole Lead Arranger for
the

Unsecured Revolving Facility

referred to herein)

 

- and –

 

NATIONAL BANK OF CANADA

THE BANK OF NOVA SCOTIA

(as Co-Administrative
Agents)

 

- and –

 

THE LENDERS

FROM TIME TO TIME PARTY HERETO

 

MCCARTHY TÉTRAULT LLP

 

 

FIRST AMENDMENT  TO THE DECEMBER 29, 2006 CASCADES CREDIT
AGREEMENT made as of June 27, 2007.

 

	
  BETWEEN:

  	
   

  	
  CASCADES INC. (“Cascades”)

  
	
   

  	
   

  	
   

  
	
  AND :

  	
   

  	
  CASCADES USA INC.

  
	
   

  	
   

  	
   

  
	
  AND :

  	
   

  	
  CASCADES EUROPE SAS

  
	
   

  	
   

  	
   

  
	
  AND:

  	
   

  	
  CASCADES
  ARNSBERG GMBH

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (each a
  “Borrower” and collectively, the “Borrowers”)

  
	
   

  	
   

  	
   

  
	
  AND:

  	
   

  	
  THE
  LENDERS PARTY TO THE CREDIT AGREEMENT REFERRED TO BELOW

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (each a
  “Lender” and collectively the “Lenders”)

  
	
   

  	
   

  	
   

  
	
  AND:

  	
   

  	
  THE
  BANK OF NOVA SCOTIA

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (as “Agent”)

  
	
   

  	
   

  	
   

  
	
  AND:

  	
   

  	
  NATIONAL
  BANK OF CANADA

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  (as
  “Co-Agent”)

  

 

RECITALS

 

A.                                   The
Borrowers, the Agent, the Co-Agent and the Lenders are party to a credit
agreement dated as of December 29, 2006 (the “Credit Agreement”) providing
for credit facilities in an aggregate amount of $850,000,000 (the “Facilities”).

 

B.                                     The
Facilities were comprised of the Revolving Facility (in an aggregate amount of
$650,000,000 and available to all Borrowers), the Additional Revolving Facility
(in an aggregate amount of $100,000,000 and available to Cascades only) and the
Term Loan (in an amount of $100,000,000 and available to Cascades only).

 

C.                                     In
accordance with Section 2.3 (c) of the Credit Agreement, Cascades
transferred as of June 18, 2007 the Commitment and the outstanding
Borrowings under the Additional Revolving Facility to Tranche A of the
Revolving Facility, thereby increasing the Revolving Facility by $100,000,000
and terminating the Additional Revolving Facility.

 

D.                                    Cascades
has requested that another revolving facility in an aggregate amount of
$100,000,000 be made available to it under the Credit Agreement and that such
other revolving facility be not secured by the Security.

 

 

E.                                      The
parties wish to amend the Credit Agreement in order to (i) provide for
such additional unsecured revolving facility and (ii) make other
consequential amendments.

 

NOW, THEREFORE, THE
PARTIES AGREE AS FOLLOWS:

 

1.                                      Interpretation

 

1.1                                             Capitalized terms used herein and defined in the Credit Agreement
have the meanings ascribed to them in the Credit Agreement unless otherwise
defined herein.

 

1.2                                             This Agreement may be referred to as the First Amendment to the December 29,
2006 Cascades Credit Agreement.

 

1.3                                             Any reference to the Credit Agreement in any Credit Document refers
to the Credit Agreement as amended hereby.

 

2.                                      Amendments to the Credit Agreement

 

2.1                                             Section 1.1 of the Credit Agreement is amended by adding the
following definition of “Brampton Lease” after the definition of “Borrowings”:

 

“Brampton Lease” has the meaning given to such term in Section 10.3(c);”

 

2.2                                             Section 1.1 of the Credit Agreement is amended by deleting the
definition of “Facilities” and replacing it with the following:

 

“Facilities”
means the Revolving Facility, the Unsecured Revolving Facility and the Term
Loan;”

 

2.3                                             Section 1.1 of the Credit Agreement is amended by adding the
following definition of “Unsecured Revolving Facility” after the definition of “Transaction”:

 

“Unsecured Revolving
Facility” means the unsecured revolving facility made available to
Cascades pursuant to Section 2.3;”

 

2.4                                             Section 1.1 of the Credit Agreement is amended by adding the
following definition of “Unsecured Revolving Facility Maturity Date” after the
definition of “Unsecured Revolving Facility”:

 

“Unsecured Revolving Facility Maturity Date” means June 25,
2008;”

 

2.5                                             Article 2 of the Credit Agreement is amended by replacing Section 2.3
with the following:

 

“2.3    The Unsecured Revolving
Facility

 

a)                          The Lenders, individually and not solidarily (i.e. not jointly and
severally) agree to make available to Cascades an unsecured revolving facility
(the 

 

3

 

“Unsecured Revolving Facility”) in an aggregate amount
at any time not exceeding the total of the Commitments at such time with
respect to the Unsecured Revolving Facility. As of the date hereof, the
Commitment of each Lender under the Unsecured Revolving Facility as specified
below opposite its name and the collective Commitments of the Lenders with
respect to the Unsecured Revolving Facility will aggregate to $100,000,000.

 

	
  Name of Lender

  	
   

  	
  Commitment

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  The Bank of Nova Scotia

  	
   

  	
  $

  	
  13,925,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  National Bank of Canada

  	
   

  	
  $

  	
  11,765,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Canadian Imperial Bank of Commerce

  	
   

  	
  $

  	
  11,765,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Caisse de dépôt et placement
  du Québec

  	
   

  	
  $

  	
  9,412,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Caisse centrale Desjardins

  	
   

  	
  $

  	
  9,742,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  The Toronto-Dominion Bank

  	
   

  	
  $

  	
  5,882,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Bank of Montreal

  	
   

  	
  $

  	
  5,882,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  BNP Paribas (Canada)

  	
   

  	
  $

  	
  6,570,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Royal Bank of Canada

  	
   

  	
  $

  	
  4,118,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Deutsche Bank AG, Canada Bank

  	
   

  	
  $

  	
  2,941,000,00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  JPMorgan Chase Bank, N.A., Toronto Branch

  	
   

  	
  $

  	
  2,941,000,00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Société Générale (Canada Branch)

  	
   

  	
  $

  	
  2,941,000,00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Wachovia Capital Finance Corporation (Canada)

  	
   

  	
  $

  	
  2,353,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Citibank, N.A., Canadian Branch

  	
   

  	
  $

  	
  2,353,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Bank of America, N.A., Canada Branch

  	
   

  	
  $

  	
  4,361,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Rabobank Nederland, Canadian Branch

  	
   

  	
  $

  	
  3,049,000.00

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Total

  	
   

  	
  $

  	
  100,000,000.00

  	
   

  

 

4

 

b)                         Borrowings under the Unsecured Revolving Facility may be obtained
only to the extent that there is no availability (taking into account Borrowing
Base requirements) under the Revolving Facility at the time such Borrowings are
requested.”

 

2.6                                 Sections 2.5, 2.7, 2.9, 6.4, 7.3, 10.2, 10.3 and 10.4 of the Credit
Agreement are amended by replacing the term “Additional Revolving Facility”
with “Unsecured RevolvingFacility.”

 

For greater certainty, it is
understood and agreed that the Unsecured Revolving Facility will not be secured
by the Security to be granted pursuant to Sections 10.2, 10.3 and 10.4 of the
Credit Agreement.

 

2.7                                 Section 7.1 (b) of the Credit Agreement is deleted in its
entirety and replaced with the following:

 

“(b)               Cascades
must repay in full the outstanding Borrowings and pay all other amounts owing
under the Unsecured Revolving Facility on the Unsecured Revolving Facility
Maturity Date.”

 

2.8                                 Section 10.3 of the Credit Agreement is amended by deleting in
its entirety paragraph (c) and replacing it with the following paragraph :

 

“(c)                After
the date hereof, Cascades will have the option, but not the obligation, to
increase the Series 1 Charged Fixed Assets component of the Borrowing Base
by providing, or causing Designated Subsidiaries to provide, security over (i) the
rights of Dopaco Canada, Inc. as lessee under the terms of a lease (the “Brampton
Lease”) for a property located at 46-60 Hale Road, Brampton, Ontario together
with related assets and (ii) other fixed assets acceptable to the Majority
Lenders by an amount equal to the market value of such assets or rights as
determined by a valuation report to be furnished to the Agent and the Co-Agent
prior to the grant of the related security.”

 

5

 

2.9                                 Section 10.3 of the Credit Agreement is amended by adding the
following paragraph (g) in Section 10.3 :

 

“(g)               If,
at any time after the granting of security by Dopaco Canada, Inc. over its
rights under the Brampton Lease and related assets as contemplated in paragraph
(c) above, the Brampton Lease is terminated or is not renewed, the market
value attributable to the Brampton Lease will no longer be included in the Series 1
Charged Fixed Assets component of the Borrowing Base.”

 

2.10                           The following Section 10.11 is added to the Credit Agreement :

 

“Notwithstanding Section 10.8 of the
Credit Agreement, the Borrowers undertake to deliver (i) a surveyor’s
report by no later than August 15, 2007 with respect to the property
situated in London, Ontario to form part of the Series 1 Charged Fixed
Assets and (ii) a certificate of location by no later than September 30,
2007 with respect to the property situated in Cabano, Québec to form part of
the Series 2 Charged Fixed Assets.”

 

2.11                           Section 15.4 of the Credit Agreement is deleted in its entirety
and replaced by the following :

 

“15.4                         Reporting
from Time to Time

 

The Borrowers will promptly notify the Agent
of any Default and deliver to the Agent any auditor letter highlighting issues
or deficiencies that, if not addressed or corrected, could reasonably result in
a Material Adverse Change. The Borrowers will also promptly notify the Agent of
any breach or default under the Brampton Lease or any termination (or
non-renewal) notice under such Brampton Lease. The Borrowers will also furnish
the Agent all information, documents and records and allow any enquiry, study,
audit or inspection that the Agent may reasonably request in connection with
the business, financial condition, property, assets or prospects of the Credit
Parties, or to verify compliance with the obligations of any of the Credit Parties
under any Credit Document.”

 

2.12                           Schedule “A” of the Credit Agreement is amended by replacing the
grid applicable to the Additional Revolving Facility with the following grid:

 

	
  “Unsecured
  Revolving Facility

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Prime/US Base

  	
   

  	
  Acceptance Fee /Libor

  	
   

  	
  Stand-By Fee

  	
   

  
	
  0

  	
   

  	
  100 bps

  	
   

  	
  25 bps

  	
   

  

 

and is further
amended by replacing the term “Additional Revolving Facility” in Section 6
with the term “Unsecured Revolving Facility”.

 

6

 

3.                                      Conditions Precedent

 

Prior to or concurrently upon the execution
of this Agreement, each of the Borrowers must have delivered to the Lenders a
copy of the corporate resolutions and other documents evidencing the authority
of the persons herein acting on behalf of such Borrower.

 

4.                                      Confirmation

 

Each of the Borrowers represent to the
Agent and the Lenders that this Agreement will not result in any Default or
Event of Default.

 

5.                                      Fees and Expenses

 

5.1                                             On the date this agreement becomes effective pursuant to Section 8, Cascades must pay to each Lender who has a Commitment in respect
of the Unsecured Revolving Facility:

 

a)                                a fee equal to 10 bps on such Lender’s Commitment under the
Unsecured Revolving Facility; and

 

b)                               an additional fee equal to 2.5 bps on such Lender’s Commitment under
the Unsecured Revolving Facility, if any, which is in excess of the amount
obtained by multiplying the aggregate amount of the Unsecured Revolving
Facility by such Lender’s share (expressed as a percentage) of all other
Facilities.

 

5.2                                             The Borrowers agree to pay on demand all reasonable costs and
expenses of the Agent in connection with the preparation, execution,
delivery and implementation and administration of this Agreement including the
reasonable fees and expenses of counsel for the Agent.

 

6.                                      Counterparts

 

This Agreement may be executed in any
number of counterparts and by different parties hereto in separate
counterparts, each of which when so executed and delivered will be deemed to be
an original and all of which taken together will constitute but one and the
same agreement. Delivery of an executed counterpart of a signature page to
this Agreement by telecopier will be effective as delivery of a manually
executed counterpart of this Agreement.

 

7.                                      Governing Law

 

This Agreement is governed by, and
construed in accordance with, the laws of the Province of Quebec and of
the laws of Canada applicable therein.

 

8.                                      Effectiveness

 

This Agreement will be effective as of the
date on which the Agent confirms to the Borrowers and the Lenders that this
Agreement has been executed by all parties hereto.

 

7

 

IN WITNESS WHEREOF the parties have caused this Agreement to be duly executed as of
the date and year first above written.

 

 

	
   

  	
  Cascades
  Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Alain Lemaire

  President & Chief Executive Officer

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Laurent Lemaire

  Executive Vice-Chairman

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Cascades
  USA Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Alain Lemaire

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Cascades
  Europe SAS

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Alain Lemaire

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Cascades
  Arnsberg GmbH

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Alain Lemaire

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  The
  Bank of Nova Scotia, as Agent

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Robert Boomhour

  Director

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  National
  Bank of Canada, as Co-Agent

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Roch Ledoux

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Dominic Albanese

  
	
   

  	
   

  	
   

  
	
   

  	
  (the names
  and signatures of the Lenders are

  on the next page)

  

 

 

[Signature
page – First Amending Agreement]

 

8

 

	
   

  	
  National Bank of Canada

  
	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Roch Ledoux

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Dominic Albanese

  
	
   

  	
   

  	
   

  
	
   

  	
  National Bank of Canada, New York Branch

  
	
   

  	
  (in respect of Tranche B)

  
	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Jeffrey Forgach

  
	
   

  	
   

  	
  Assistant Vice President

  
	
   

  	
   

  	
  Cross Border Financing Group

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Vincent Lima

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
  Cross Border Financing Group

  
	
   

  	
   

  	
   

  
	
   

  	
  The Bank of Nova Scotia

  
	
   

  	
   

  
	
   

  	
  per :

  	
  (s) François De Broux

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) David Loewen

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  The Bank of Nova Scotia, Atlanta Agency (in

  respect of Tranche B)

  
	
   

  	
   

  
	
   

  	
  per:

  	
  (s) J.P. Todd, Managing Director

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Canadian Imperial Bank of Commerce

  
	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Peter Rawlins, Director

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Mark Chandler, Executive Director

  
	
   

  	
   

  	
   

  
	
   

  	
  CIBC Inc., as designated Lender pursuant to

  Section 20.5 with respect to Tranche B

  
	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Dominic Soresso

  

 

 

[Signature
page – First Amending Agreement]

 

9

 

	
   

  	
  Caisse de depôt et
  placement du Québec

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Jean-Pierre Jetté, Manager

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Diane Favreau, Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Caisse centrale Desjardins

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Francine Champoux, Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) André Roy

  
	
   

  	
   

  	
   

  
	
   

  	
  Caisse centrale Desjardins US Branch, as

  designated Lender pursuant to Section 20.5

  with respect to Tranche B

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Michel Brouillet, Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Bank of Montreal

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Bruno Lemay, Managing Director

  
	
   

  	
   

  	
   

  
	
   

  	
  Bank of Montreal, Chicago Branch

  
	
   

  	
  (in respect of Tranche B)

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Kristina H. Burden, Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  BNP Paribas (Canada)

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Frank Shaw, Managing Director

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Edouard Sinor, Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  BNP Paribas, as designated Lender pursuant

  to Section 20.5 with respect to Tranche B and

  Tranche C

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Monique Vialatou

  
	
   

  	
   

  	
  Managing Director

  

 

 

[Signature
page – First Amending Agreement]

 

10

 

	
   

  	
  Comerica Bank, Canada Branch

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Omer Ahmed, Portfolio Manager

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Comerica Bank

  
	
   

  	
  (in respect of Tranche B and Tranche C)

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) James Lentner, Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  The Toronto-Dominion Bank

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Yves Bergeron

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Serge Cloutier

  
	
   

  	
   

  	
   

  
	
   

  	
  Toronto Dominion (Texas) LLC, as

  designated Lender pursuant to Section 20.5

  with respect to Tranche B

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Ian Murray

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Royal Bank of Canada

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Rod Smith

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Dustin Craven

  

 

 

[Signature
page – First Amending Agreement]

 

11

 

	
   

  	
  Deutsche Bank AG, Canada Branch

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Robert A. Johnston,
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Marcellus Leung

  
	
   

  	
   

  	
  Assistant Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  Deutsche Bank AG, New York Branch, with

  respect to Tranche B and Tranche C

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Evelyn Thierry, Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Omayra Laucella, Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  JPMorgan Chase Bank, N.A., Toronto

  Branch

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Drew McDonald

  
	
   

  	
   

  	
  Executive Director

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  JPMorgan Chase Bank, N.A., with respect to

  Tranche B

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Peter S. Predun

  
	
   

  	
  Executive Director

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Société Générale (Canada Branch)

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Robert Page, Managing
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Vincent Gonzales, Vice President

  
	
   

  	
   

  	
  Corporate Credit

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Société Générale, New York Branch, with

  respect to Tranche B

  
	
   

  	
   

  	
   

  
	
   

  	
  per : 

  	
  (s) Maria Iarriccio, Vice President

  

 

 

[Signature
page – First Amending Agreement]

 

12

 

	
   

  	
  Bank of America, N. A., Canada Branch

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Nelson Lam, Vice
  President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Bank of America, N. A., with respect to

  Tranche B

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Michael L. Letson, Jr., Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Citibank, N.A., Canadian branch

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Isabelle Côté

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Citicorp North America, Inc., as designated

  Lender pursuant to Section 20.5 with respect to

  Tranche B

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Jeffrey Neikirk, Managing Director

  
	
   

  	
   

  	
   

  
	
   

  	
  Rabobank Nederland, Canadian Branch

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Rommel J. Domingo, Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Anthony H. Liang, Executive Director

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Cooperatieve Centrale Raiffeissen-

  Boerenleenbank B. A. “Rabobank

  Nederland” New York Branch, as designated

  Lender pursuant to Section 20.5 with respect to

  Tranche B

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Brett Delfino, Executive Director

  
	
   

  	
   

  	
   

  
	
   

  	
  per:

  	
  (s) Ian Reece, Managing Director

  

 

 

[Signature
page – First Amending Agreement]

 

13

 

	
   

  	
  Wachovia Capital Finance Corporation

  (Canada)

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Raymond Eghobamien

  
	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Wachovia Bank, National Association, as

  designated Lender pursuant to Section 20.5

  with respect to Tranche B and Tranche C.

  
	
   

  	
   

  	
   

  
	
   

  	
  per :

  	
  (s) Robert G. McGill, Jr.

  
	
   

  	
   

  	
  Director

  

 

 

We, the
undersigned, as Designated Subsidiaries and guarantors under the Credit
Agreement, hereby agree with the terms of this First Amending Agreement and
confirm that the guarantee in favour of the Agent and the Lenders dated December 29,
2006 also guarantees the obligations under this First Amending Agreement.

 

CASCADES BOXBOARD U.S., INC.

CASCADES CANADA INC. 

CASCADES BOXBOARD GROUP INC.

6265642 CANADA INC.

SCIERIE LEMAY INC.

RABOTAGE LEMAY INC.

DOPACO, INC.

DOPACO PACIFIC LLC

DOPACO LIMITED PARTNERSHIP

DOPACO CANADA, INC.

GARVEN INCORPORATED

CONFERENCE CUP LTD.

CASCADES BOXBOARD GROUP – CONNECTICUT LLC

CASCADES AUBURN FIBER INC.

CASCADES MOULDED PULP, INC.

CASCADES PLASTICS INC.

CASCADES DIAMOND, INC.

CASCADES FINE PAPERS GROUP INC.

CASCADES FINE PAPERS GROUP THUNDER BAY INC.

CASCADES FINE PAPERS GROUP (SALES) INC.

CASCADES FINE PAPERS GROUP (USA) INC.

W.H. SMITH PAPER CORPORATION 

 

[Signature
page – First Amending Agreement]

 

14

 

CASCADES
TISSUE GROUP – ARIZONA INC.

CASCADES
TISSUE GROUP – IFC DISPOSABLES INC.

CASCADES
TISSUE GROUP – NEW YORK INC.

CASCADES
TISSUE GROUP – NORTH CAROLINA INC.

CASCADES
TISSUE GROUP – OREGON INC.

CASCADES
TISSUE GROUP – PENNSYLVANIA INC.

CASCADES
TISSUE GROUP – WISCONSIN INC.

CASCADES
TISSUE GROUP – TENNESSEE INC.

CASCADES
TISSUE GROUP – SALES INC.

CASCADES
TISSUE GROUP – PICKERING INC.

CASCADES
TISSUE GROUP – MARYLAND LLC

NORAMPAC
HOLDING US INC.

NORAMPAC
NEW YORK CITY INC.

NORAMPAC
LEOMINSTER INC.

NORAMPAC
FINANCE US INC.

NORAMPAC
INDUSTRIES INC.

NORAMPAC
DELAWARE LLC

NORAMPAC
NOVA SCOTIA COMPANY

NORAMPAC
THOMPSON INC.

3815251
CANADA INC.

NORAMPAC
SCHENECTADY INC.

CASCADES
TRANSPORT INC.

KINGSEY
FALLS INVESTMENTS INC.

CASCADES ENERGY INITIATIVE INC.

CASCADES DELAWARE LLC

CASCADES NOVA SCOTIA COMPANY

3815285 CANADA INC.

3815315 CANADA INC.

NORAMPAC
INC.

4341384 CANADA INC.

 

 

each of the foregoing entities
represented by

 

	
  Name :

  	
  Alain Lemaire

  	
   

  

 

 

duly authorized as he/they so
declare:

 

 

	
  (s)  Alain Lemaire

  	
   

  

 

 

[Signature
page – First Amending Agreement]

 

15Exhibit 10.1

 

SIRVA WORLDWIDE, INC.,

a Debtor and Debtor-in-Possession, as Borrower,

 

 

SIRVA, INC.,

a Debtor and Debtor-in-Possession, as a Guarantor,

 

 

THE OTHER GUARANTORS NAMED
HEREIN, 

Each a Debtor and Debtor-in-Possession,

 

 

THE SEVERAL LENDERS

FROM TIME TO TIME PARTIES HERETO,

 

 

and

 

 

JPMORGAN CHASE BANK, N.A.,

as administrative agent

 

 

 

FIRST AMENDMENT TO THE CREDIT
AGREEMENT

 

 

March 21, 2008

 

 

FIRST AMENDMENT, dated as of March 21,
2008 (this “First Amendment”), to the Credit and Guarantee Agreement, dated as of February 6,
2008 (as amended, supplemented, modified, extended or restated from time to
time, the “Credit Agreement”), among SIRVA Worldwide, Inc., a
Delaware corporation (the “Borrower”), SIRVA, Inc., a Delaware
corporation, and the other Guarantors from time to time parties to the Credit
Agreement, the several banks and other financial institutions from time to time
parties to the Credit Agreement (the “Lenders”), and JPMORGAN CHASE
BANK, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative
Agent”).

 

W  I  T
N  E  S  S  E  T  H:

 

WHEREAS, the Borrower, the Guarantors, the Lenders
and the Administrative Agent are parties to the Credit Agreement; and

 

WHEREAS, the Borrower has requested that the
Administrative Agent and the Lenders agree to amend certain provisions of the
Credit Agreement as set forth herein;

 

NOW THEREFORE, in consideration of the
premises and the mutual covenants hereinafter set forth, the parties hereto
hereby agree as follows:

 

1.  Defined Terms.  Unless
otherwise defined herein, capitalized terms that are defined in the Credit
Agreement are used herein as therein defined.

 

2.  Amendments to Subsection 8.2.  Subsection
8.2 of the Credit Agreement is hereby amended by inserting the following in
clause (b) immediately prior to the word “provided” therein:

 

and Indebtedness of North American Van Lines, Inc. to SIRVA UK
Limited, which was a Subsidiary prior to the Disposition permitted by
Subsection 8.6(a)(xi), so long as such Indebtedness to SIRVA UK Limited is not
increased and is extinguished on the Effective Date of the Reorganization Plan,

 

3.  Amendment to Subsection 8.3. Subsection 8.3 of the Credit
Agreement is hereby amended by (a) deleting the word “and” at the end of
clause (s) thereof, (b) deleting the “.” at the end of clause (t) thereof
and substituting “; and” in lieu thereof and (c) inserting the following
new clause (u) at the end thereof:

 

                                (u)           Liens in favor of the Buyers referred
to in subsection 8.6(a)(xi) on the assets located in the United Kingdom that
are the subject of the Disposition permitted by such subsection.

 

4.  Amendment to Subsection 8.6(a).  Subsection 8.6(a) of the Credit
Agreement is hereby amended by (a) deleting the word “and” at the end of
clause (ix) thereof, (b) deleting the “.” at the end of clause (x) thereof
and substituting “; and” in lieu thereof and (c) inserting the following
new clause (xi) at the end thereof:

 

 

                (xi)           the Disposition of (A) 100
Ordinary Shares of SIRVA Group Holdings Limited and (B) 14,000,000
Ordinary Shares of SIRVA Ireland Limited, pursuant to the Share Purchase
Agreement (the “Share Purchase Agreement), dated as of March 2,
2008, among North American International Holding Corporation (“NAIHC”),
NA (UK) Limited Partnership (“NAUK”), NA (UK) GP Limited (“NAGP,
and together with NAIHC and NAUK, the “Sellers”), Picot Limited (“Picot”),
and Irving Holdings Limited (together with Picot, the “Buyers”), as such
agreement may be amended, supplemented or otherwise modified from time to time
(so long as no such amendment, supplement or other modification is adverse to
the Borrower or the sellers thereunder or the Lenders).

 

5.  Amendment to Subsection 8.9(f)(i).  Subsection 8.9(f)(i) of the Credit
Agreement is hereby amended by (a) deleting the “,” at the end of clause (i) thereof,
and (b) inserting the following words after the word “outstanding”:

 

(provided
that such amount shall not include amounts paid to NAIHC, NAUK or NAGP for the
purpose of reimbursing the Buyers in the event that the Share Purchase
Agreement is terminated by the Sellers (as each such term is defined in
subsection 8.6(a)(xi)) in connection with any claim asserted by the United Kingdom
Pensions Regulator, the Trustees of the Pension Schemes, or any other Person
acting on their behalf in the Cases),

 

6.  Amendment to Subsection 9(s). Subsection 9(s) of the
Credit Agreement is hereby amended and restated in its entirety as follows:

 

                   (s)         Holding,
the Borrower, or any of the Borrower’s Subsidiaries shall make any payment in
respect of any amounts outstanding under any Relocation SPV Financings with
SIRVA Mortgage Inc., or shall make any advance to SIRVA Mortgage Inc. for such
purpose; excluding in each case, any payment or advance in respect of interest
payments, costs and expenses (other than principal) on mortgages made by SIRVA
Relocation LLC to SIRVA Mortgage in connection with services rendered by SIRVA
Mortgage in the ordinary course of SIRVA Mortgage’s business;

 

7.  Conditions to Effectiveness of this First Amendment.  This First Amendment shall become effective
upon the date (the “First Amendment Effective Date”) when the
Administrative Agent shall have received:

 

(a)         counterparts of this First Amendment, duly executed and
delivered by the Borrower and Administrative Agent;

 

(b)        executed
Lender Addenda, or facsimile transmissions thereof, substantially in the form
of Exhibit A hereto (each, a “Lender Addendum”), from the requisite
Lenders under subsections 13.1(a) and 13.1(c) of the Credit
Agreement;

 

(c)   an executed Acknowledgment and Confirmation, substantially in the
form of Exhibit B hereto, from an authorized officer of each Loan Party
(other than the Borrower); and

 

(d)   all expenses required to be paid on or before
the First Amendment Effective Date for which invoices have been presented.

 

 

8.  Representations and Warranties; Acknowledgements.

 

(a)         No
Default.  No Default or
Event of Default shall have occurred and be continuing on the First Amendment
Effective Date after giving effect to the transactions contemplated herein.

 

(b)        Representations
and Warranties.  Each
of the representations and warranties made by the Borrower and each other Loan
Party in or pursuant to the Loan Documents shall be true and correct in all
material respects on and as of the First Amendment Effective Date as if made on
and as of such date, except to the extent such representations and warranties
expressly relate to a particular date, in which case such representations and
warranties were true and correct in all material respects as of such date.

 

9.  Payment of Expenses. 
The Borrower agrees to pay or reimburse the Administrative Agent and the
Lenders for all of their reasonable out-of-pocket costs and expenses incurred
in connection with this First Amendment, any other documents prepared in
connection herewith and the transactions contemplated hereby, including,
without limitation, the reasonable fees and disbursements of counsel to the
Administrative Agent and the Lenders.

 

10.   Continuing Effect of the Loan Documents.  This First Amendment shall not constitute an
amendment or waiver of any provision of the Credit Agreement or any other Loan
Document not expressly referred to herein and shall not be construed as an
amendment, waiver or consent to any further or future action on the part of the
Borrower or the other Loan Parties that would require an amendment, waiver or
consent of the Lenders or Administrative Agent. 
Except as expressly amended hereby, the provisions of the Credit
Agreement and the other Loan Documents are and shall remain in full force and
effect.  Any reference to the “Credit
Agreement” in the Loan Documents or any related documents shall be deemed to be
a reference to the Credit Agreement as amended by this First Amendment.

 

11.   Counterparts.  This First Amendment may be executed by one
or more of the parties hereto on any number of separate counterparts (including
by facsimile), and all of said counterparts taken together shall be deemed to
constitute one and the same instrument.

 

12.   Severability.  Any provision of this First Amendment which
is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate
or render unenforceable such provision in any other jurisdiction.

 

13.   Integration.  This First Amendment and the other Loan
Documents represent the agreement of the Borrower and the other Loan Parties,
the Administrative Agent and the Lenders with respect to the subject matter
hereof, and there are no promises, undertakings, representations or warranties
by the Administrative Agent or any Lender relative to the subject matter hereof
not expressly set forth or referred to herein or in the other Loan Documents.

 

14.   RELEASE.  AS CONSIDERATION FOR THE EXECUTION BY THE
LENDERS AND THE ADMINISTRATIVE AGENT OF THIS FIRST AMENDMENT, THE BORROWER AND
EACH OF THE OTHER LOAN PARTIES HEREBY ACKNOWLEDGE THAT THE

 

 

OBLIGATIONS ARE ABSOLUTE
AND UNCONDITIONAL WITHOUT ANY RIGHT OF RESCISSION, SETOFF, COUNTERCLAIM,
DEFENSE, OFFSET, CROSS-COMPLAINT, CLAIM OR DEMAND OF ANY KIND OR NATURE
WHATSOEVER THAT CAN BE ASSERTED TO REDUCE OR ELIMINATE ALL OR ANY PART OF
ITS LIABILITY TO REPAY THE OBLIGATIONS. 
THE BORROWER AND EACH OF THE OTHER LOAN PARTIES HEREBY VOLUNTARILY AND
KNOWINGLY RELEASE AND FOREVER DISCHARGE EACH LENDER AND ITS PREDECESSORS,
AGENTS, EMPLOYEES, SUCCESSORS, AND ASSIGNS (COLLECTIVELY, THE “RELEASED
PARTIES”), FROM ALL POSSIBLE CLAIMS, DEMANDS, ACTIONS, CAUSES OF ACTION,
DAMAGES, COSTS, EXPENSES, AND LIABILITIES WHATSOEVER, KNOWN OR UNKNOWN,
ANTICIPATED OR UNANTICIPATED, SUSPECTED OR UNSUSPECTED, FIXED, CONTINGENT, OR
CONDITIONAL, AT LAW OR IN EQUITY, ARISING BY REASON OF ANY MATTER, CAUSE OR
THING OCCURRING ON OR PRIOR TO THE FIRST AMENDMENT EFFECTIVE DATE, WHICH SUCH
PERSONS MAY HAVE AGAINST THE RELEASED PARTIES, IF ANY, AND IRRESPECTIVE OF
WHETHER ANY SUCH CLAIMS ARISE OUT OF CONTRACT, TORT, VIOLATION OF LAW OR
REGULATIONS, OR OTHERWISE, AND ARISING FROM ANY “LOANS” MADE ON OR PRIOR TO THE
FIRST AMENDMENT EFFECTIVE DATE, INCLUDING, WITHOUT LIMITATION, ANY CONTRACTING
FOR, CHARGING, TAKING, RESERVING, COLLECTING OR RECEIVING INTEREST IN EXCESS OF
THE HIGHEST LAWFUL RATE APPLICABLE, THE EXERCISE OF ANY RIGHTS AND REMEDIES
UNDER THE CREDIT AGREEMENT OR OTHER LOAN DOCUMENTS, AND NEGOTIATION FOR AND
EXECUTION OF THIS FIRST AMENDMENT.

 

15.   GOVERNING LAW.  THIS FIRST AMENDMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES UNDER THIS FIRST AMENDMENT SHALL BE GOVERNED BY, AND
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK
AND, TO THE EXTENT APPLICABLE, THE BANKRUPTCY CODE.

 

[THE REMAINDER OF
THIS PAGE IS INTENTIONALLY LEFT BLANK]

 

 

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

 

	
   

  	
  SIRVA
  WORLDWIDE, INC. 

  
	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Eryk J. Spytek

  
	
   

  	
   

  	
  Name:  Eryk J. Spytek

  
	
   

  	
   

  	
  Title:  Secretary

  

 

 

 

 

 

 

 

	
   

  	
  JPMORGAN CHASE BANK, N.A., as Administrative Agent

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Charles
  O. Freedgood

  
	
   

  	
   

  	
  Name:  Charles
  O. Freedgood

  
	
   

  	
   

  	
  Title: 
  Managing Director

  

 

 

 

 

 

 

EXHIBIT A

 

[FORM OF]

 

LENDER  ADDENDUM

 

The undersigned Lender (i) agrees to all of the
provisions of the First Amendment, dated as of March 21, 2008  to the Credit and Guarantee Agreement, dated
as of February 6, 2008 (the “Credit Agreement”), among SIRVA Worldwide, Inc.,
a Delaware corporation, SIRVA, Inc., a Delaware corporation, the other
Guarantors from time to time parties to the Credit Agreement, the several
banks and other financial institutions from time to time parties to the Credit
Agreement (the “Lenders”), and JPMorgan Chase Bank, N.A., as
administrative agent for the Lenders (in such capacity, the “Administrative
Agent”), and (ii) consents to the execution of such First Amendment by
the Administrative Agent. Capitalized terms defined in the Credit Agreement
shall have their respective defined meanings herein.

 

	
   

  	
   

  
	
   

  	
  (Name of Lender)

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  

 

Dated as of March 21, 2008

 

EXHIBIT B

 

[FORM OF]

 

ACKNOWLEDGMENT AND
CONFIRMATION

 

1.             Reference is made to the First Amendment, dated as of March 21,
2008 (the “First Amendment”), to the Credit and Guarantee Agreement, dated as of February 6,
2008 (the “Credit Agreement”), among SIRVA Worldwide, Inc.,
a Delaware corporation, SIRVA, Inc., a Delaware corporation, the other
Guarantors from time to time parties to the Credit Agreement, the several
banks and other financial institutions from time to time parties to the Credit
Agreement (the “Lenders”), and JPMorgan Chase Bank, N.A., as
administrative agent for the Lenders. Unless otherwise defined herein,
capitalized terms that are defined in the Credit Agreement are used herein as
therein defined.

 

2.             Each
of the parties hereto hereby consents to the transactions contemplated by the
First Amendment.

 

3.             THIS
ACKNOWLEDGMENT AND CONFIRMATION SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK AND, TO
THE EXTENT APPLICABLE, THE BANKRUPTCY CODE.

 

4.             This
Acknowledgment and Confirmation may be executed by one or more of the parties
hereto on any number of separate counterparts (including by telecopy), and all
of said counterparts taken together shall be deemed to constitute one and the
same instrument.

 

IN WITNESS WHEREOF, the parties hereto have caused
this Acknowledgment and Confirmation to be duly executed and delivered by their
proper and duly authorized officers as of the day and year first above written.

 

[rest of page intentionally left blank]

 

 

	
   

  	
  SIRVA WORLDWIDE, INC.

  
	
   

  	
  SIRVA, INC.

  
	
   

  	
  NORTH AMERICAN VAN LINES, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Eryk J.
  Spytek

  
	
   

  	
  Name:

  	
  Eryk J. Spytek

  
	
   

  	
  Title:

  	
  Secretary

  
	
   

  	
   

  	
   

  

 

 

 

 

 

 

	
  A FIVE STAR FORWARDING, INC.

  A RELOCATION SOLUTIONS MANAGEMENT COMPANY 

  A THREE RIVERS FORWARDING, INC. 

  ALASKA USA VAN LINES, INC. 

  ALLIED FREIGHT FORWARDING, INC. 

  ALLIED INTERNATIONAL N.A., INC. 

  ALLIED TRANSPORTATION FORWARDING,INC. 

  ALLIED VAN LINES, INC. 

  ALLIED VAN LINES TERMINAL COMPANY 

  AMERICAS QUALITY VAN LINES, INC. 

  A.V.L. TRANSPORTATION, INC. 

  ALLIED ALLIANCE FORWARDING, INC. 

  ALLIED CONTINENTAL FORWARDING, INC. 

  ALLIED DOMESTIC FORWARDING, INC. 

  ALLIED INTERMODAL FORWARDING, INC. 

  ALLIED INTERSTATE TRANSPORTATION, INC. 

  ALLIED TRANSCONTINENTAL FORWARDING, INC. 

  ALLIED VAN LINES, INC. OF INDIANA 

  ANAHEIM MOVING SYSTEMS, INC. 

  CARTWRIGHT MOVING & STORAGE CO., INC. 

  CARTWRIGHT VAN LINES, INC. 

  CITY STORAGE & TRANSFER, INC. 

  CMS HOLDING, LLC 

  DJK RESIDENTIAL LLC 

  EXECUTIVE RELOCATION CORPORATION 

  FEDERAL TRAFFIC SERVICE, INC. 

  FLEET INSURANCE MANAGEMENT, INC. 

  FRONTRUNNER WORLDWIDE, INC. 

  GLOBAL VAN LINES, INC.

  	
  GLOBAL WORLDWIDE, INC. 

  GREAT FALLS NORTH AMERICAN, INC. 

  LYON VAN LINES, INC. 

  LYON WORLDWIDE SHIPPING, INC. 

  MANUFACTURING SUPPORT SERVICES, L.L.C. MERIDIAN MOBILITY RESOURCES, INC. 

  MOVE MANAGEMENT SERVICES, INC. 

  NACAL, INC. 

  NAVL LLC:

  NA (UK) GP CORPORATION 

  NORTH AMERICAN INTERNATIONAL 

  HOLDING CORPORATION 

  NORAM FORWARDING, INC. 

  NORTH AMERICAN FORWARDING, INC. 

  NORTH AMERICAN INTERNATIONAL N.A. 

       INC. (formerly known as
  StorEverything, Inc.) 

  NORTH AMERICAN LOGISTICS, LTD. 

  NORTH AMERICAN VAN LINES OF TEXAS, INC. RELOCATION RISK SOLUTIONS, LLC 

  RS ACQUISITION, LLC 

  RS ACQUISITION HOLDING, LLC 

  SIRVA CONTAINER LINES, INC. 

  SIRVA MLS, INC. 

  SIRVA SETTLEMENT OF ALABAMA, LLC 

  SIRVA FREIGHT FORWARDING, INC. 

  SIRVA GLOBAL RELOCATION, INC. 

  SIRVA IMAGING SOLUTIONS, INC. 

  SIRVA RELOCATION LLC 

  SIRVA SETTLEMENT, INC. (formerly known as 

       SIRVA Title Agency, Inc.) 

  TRIDENT TRANSPORT INTERNATIONAL, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By: 

  	
   /s/ Douglas
  V. Gathany

  
	
   

  	
  Name:  

  	
  Douglas V. Gathany

  
	
   

  	
  Title:

  	
  Treasurer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}]]