Document:

Exhibit 4.1

 

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF EUROCLEAR BANK, S.A./N.V., AS OPERATOR OF THE EUROCLEAR SYSTEM (“EUROCLEAR”) AND CLEARSTREAM BANKING, SOCIÉTÉ ANONYME (“CLEARSTREAM” AND, TOGETHER WITH EUROCLEAR, “EUROCLEAR/CLEARSTREAM”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF EUROCLEAR/CLEARSTREAM (AND ANY PAYMENT IS MADE TO THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF EUROCLEAR/CLEARSTREAM), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE REGISTERED OWNER HEREOF, THE BANK OF NEW YORK DEPOSITORY (NOMINEES) LIMITED, HAS AN INTEREST HEREIN.

 

 

	
No.
    	
€                     
    
	
 
    	
CUSIP No. 713448 DH8
    
	
 
    	
ISIN No. XS1446746189
    
	
 
    	
Common Code 144674618
    

 

PEPSICO, INC.

 

0.875% SENIOR NOTE DUE 2028

 

PEPSICO, INC., a corporation in existence under the laws of the State of North Carolina (herein called the “Company,” which term includes any successor corporation under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to The Bank of New York Depository (Nominees) Limited as nominee of The Bank of New York Mellon, London Branch, a common depositary for Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme, the principal sum of €                              on July 18, 2028, and to pay interest on said principal sum annually on July 18 of each year, commencing July 18, 2017, at the rate of 0.875% per annum from July 18, 2016, or from the most recent date in respect of which interest has been paid or duly provided for, until payment of the principal sum has been made or duly provided for. The interest so payable and punctually paid or duly provided for on any Interest Payment Date will, as provided in the Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on the Record Date for such Interest Payment Date, which shall be the July 3 (whether or not a Business Day) next preceding such Interest Payment Date. Any such interest that is payable but is not so punctually paid or duly provided for shall forthwith cease to be payable to the registered Holder on such Record Date and may either be paid to the Person in whose name this Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Notes not earlier than 10 days prior to such Special Record Date, or may be paid at any time in any other lawful manner not inconsistent with the requirements of the New York Stock Exchange (“NYSE”) on which the Notes are expected to be listed and upon such notice as may be required by the NYSE, if such manner of payment shall be deemed practical by the Trustee, all as more fully provided in the Indenture.

 

Interest will be computed on the basis of the actual number of days in the period for which interest is being calculated and the actual number of days from and including the date from which interest begins to accrue for the period (or from July 18, 2016 if no interest has been paid on the Notes) to, but excluding the next scheduled Interest Payment Date. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Markets Association.

 

“Business Day” means any day, other than a Saturday or Sunday, (1) which is not a day on which banking institutions in the City of New York or the City of London are authorized or required by law or executive order to close and (2) on which the Trans-European Automated Real-time Gross Settlement Express Transfer system (the TARGET2 system), or any successor thereto, operates. If any Interest Payment Date, the maturity date or any Redemption Date is not a Business Day, then the related payment for such Interest Payment Date, maturity date or Redemption Date shall be paid on the next succeeding Business Day with the same force and

 

 

effect as if made on such Interest Payment Date, maturity date or Redemption Date, as the case may be, and no further interest shall accrue as a result of such delay.

 

Payment of the principal of and interest on this Note will be made at the Place of Payment; provided, however, that payments of interest may be made at the option of the Company by checks mailed to the addresses of the Persons entitled thereto as such addresses shall appear in the Security Register.

 

Principal and interest payments, including payments made upon any redemption, in respect of this Note will be payable in euro. If the euro is unavailable to the Company due to the imposition of exchange controls or other circumstances beyond the Company’s control or if the euro is no longer being used by the then member states of the European Monetary Union that have adopted the euro as their currency or for the settlement of transactions by public institutions of or within the international banking community, then all payments in respect of this Note will be made in U.S. dollars until the euro is again available to the Company or so used. In such circumstances, the amount payable on any date in euro will be converted into U.S. dollars on the basis of the then most recently available market exchange rate for euro, as determined by the Company in its sole discretion. Any payment in respect of this Note so made in U.S. dollars will not constitute an Event of Default under this Note or the Indenture. Neither the Trustee nor the Paying Agent shall be responsible for any calculation or conversion in connection with the foregoing.

 

Initially, The Bank of New York Mellon, London Branch will act as Paying Agent. The Company reserves the right at any time to vary or terminate the appointment of any Paying Agent, to appoint additional or other Paying Agents and to approve any change in the office through which any Paying Agent acts.

 

Reference is made to the further provisions of this Note set forth on the reverse hereof, which shall have the same effect as though fully set forth at this place. Unless the certificate of authentication hereon has been executed by or on behalf of the Trustee by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

 

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IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed by manual or facsimile signature under its corporate seal or a facsimile thereof.

 

	
Dated:
    	
              ,   2016
    	
 
    	
PEPSICO, INC.
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
By:
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
Name:
    	
 Hugh   F. Johnston  
    
	
 
    	
 
    	
 
    	
 
    	
Title:
    	
 Authorized   Officer
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
By:
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
Name:
    	
 Kenneth   Smith  
    
	
 
    	
 
    	
 
    	
 
    	
Title:
    	
 Authorized   Officer
    
	
[seal]
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Attest:
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    

 

 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION

 

This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.

 

	
 
    	
The   Bank of New York Mellon, as Trustee
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Authorized   Signatory
    
	
 
    	
 
    	
 
    
	
 
    	
Dated:
    	
 
    

 

 

[REVERSE OF NOTE]

 

PEPSICO, INC.

 

0.875% SENIOR NOTE DUE 2028

 

This Note is one of a duly authorized issue of debentures, notes or other evidences of indebtedness of the Company (herein called the “Securities”), issued and to be issued in one or more series under an Indenture, dated as of May 21, 2007 (herein called the “Indenture”), between the Company and The Bank of New York Mellon, as Trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights thereunder of the Company, the Trustee, and the Holders of the Securities, the terms upon which the Securities are, and are to be, authenticated and delivered, and the definition of capitalized terms used herein and not otherwise defined herein. The Securities may be issued in one or more series, which different series may be issued in various aggregate principal amounts, may be denominated in different currencies, may mature at different times, may bear interest (if any) at different rates (which rates may be fixed or variable), may be subject to different redemption provisions (if any), may be subject to different sinking, purchase, or analogous funds (if any), may be subject to different covenants and Events of Default, and may otherwise vary as provided in the Indenture. This Note is one of a series of Securities of the Company designated as set forth on the face hereof (herein called the “Notes”), initially limited in aggregate principal amount to €750,000,000.

 

The Company will have the right at its option to redeem any of the Notes in whole or in part, at any time or from time to time prior to April 18, 2028 (three months prior to the maturity date of the Notes) on at least 30 days, but not more than 60 days, prior notice mailed (or otherwise transmitted in accordance with the procedures of the depositary) to the registered address of each Holder of Notes, at a Redemption Price (calculated by the Company) equal to the greater of (i) 100% of the principal amount of such Notes and (ii) the sum of the present values of the Remaining Scheduled Payments (as defined below) of principal and interest thereon (exclusive of interest accrued to the date of redemption) discounted to the Redemption Date on an annual basis (ACTUAL/ACTUAL (ICMA)) at the applicable Comparable Government Bond Rate (as defined below) plus 20 basis points, plus, in each case, accrued and unpaid interest thereon to, but not including, the date of redemption. The Company shall make all calculations relating to the Redemption Price.

 

The Company will have the right at its option to redeem any of the Notes in whole or in part, at any time or from time to time on or after April 18, 2028 (three months prior to the maturity date of the Notes), at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest thereon to, but not including, the date of redemption.

 

Except as otherwise provided herein, redemption of the Notes shall be made in accordance with the terms of Article 11 of the Indenture.

 

 

“Comparable Government Bond Rate” means, with respect to any Redemption Date, the price, expressed as a percentage (rounded to three decimal places, with 0.0005 being rounded upwards), at which the gross redemption yield on the Notes, if they were to be purchased at such price on the third Business Day prior to the date fixed for redemption, would be equal to the gross redemption yield on such Business Day of the Comparable Government Bond (as defined below) on the basis of the middle market price of the Comparable Government Bond prevailing at 11:00 a.m. (London time) on such Business Day as determined by an independent investment bank selected by the Company.

 

“Comparable Government Bond” means, in relation to any Comparable Government Bond Rate calculation, at the discretion of an independent investment bank selected by the Company, a German government bond whose maturity is closest to the maturity of the Notes, or if such independent investment bank in its discretion considers that such similar bond is not in issue, such other German government bond as such independent investment bank may, with the advice of three brokers of, and/or market makers in, German government bonds selected by the Company, determine to be appropriate for determining the Comparable Government Bond Rate.

 

“Remaining Scheduled Payments” means, with respect to each Note to be redeemed, the remaining scheduled payments of the principal thereof and interest thereon that would be due after the related Redemption Date but for such redemption; provided, however, that, if such Redemption Date is not an Interest Payment Date with respect to such Note, the amount of the next succeeding scheduled interest payment thereon will be deemed to be reduced by the amount of interest accrued thereon to such Redemption Date.

 

On and after the Redemption Date, interest will cease to accrue on the Notes or any portion thereof called for redemption (unless the Company defaults in the payment of the Redemption Price and accrued interest). On or before the Redemption Date, the Company will deposit with the Trustee or its agent money sufficient to pay the Redemption Price of and (unless the redemption date shall be an Interest Payment Date) accrued and unpaid interest to the Redemption Date on the Notes to be redeemed on such date. If less than all of the Notes are to be redeemed, the Notes to be redeemed shall be selected in accordance with applicable depositary procedures. Additionally, the Company may at any time repurchase Notes in the open market and may hold or surrender such Notes to the Trustee for cancellation.

 

If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or any taxing authority in the United States), or any change in, or amendments to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or after July 11, 2016, the Company becomes or, based upon a written opinion of independent counsel selected by the Company, will become obligated to pay additional amounts as described below with respect to the Notes, then the Company may at any time at its option redeem, in whole, but not in part, the Notes on not less than 30 nor more than 60 days prior notice, at a

 

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Redemption Price equal to 100% of their principal amount, together with accrued and unpaid interest on those Notes to, but not including, the date fixed for redemption.

 

The Company will, subject to the exceptions and limitations set forth below, pay as additional interest on the Notes such additional amounts as are necessary in order that the net payment by the Company of the principal of and interest on the Notes to a Holder who is not a United States person (as defined below), after withholding or deduction for any present or future tax, assessment or other governmental charge imposed by the United States or a taxing authority in the United States, will not be less than the amount provided in the Notes to be then due and payable; provided, however, that the foregoing obligation to pay additional amounts shall not apply:

 

(1)         to any tax, assessment or other governmental charge that is imposed by reason of the Holder (or the beneficial owner for whose benefit such Holder holds such Note), or a fiduciary, settlor, beneficiary, member or shareholder of the Holder if the Holder is an estate, trust, partnership or corporation, or a person holding a power over an estate or trust administered by a fiduciary holder, being considered as:

 

(a)         being or having been engaged in a trade or business in the United States or having or having had a permanent establishment in the United States;

 

(b)         having a current or former connection with the United States (other than a connection arising solely as a result of the ownership of the Notes, the receipt of any payment or the enforcement of any rights hereunder), including being or having been a citizen or resident of the United States;

 

(c)          being or having been a personal holding company, a passive foreign investment company or a controlled foreign corporation for United States federal income tax purposes or a corporation that has accumulated earnings to avoid United States federal income tax;

 

(d)         being or having been a “10-percent shareholder” of the Company as defined in Section 871(h)(3) of the United States Internal Revenue Code of 1986, as amended (the “Code”) or any successor provision; or

 

(e)          being a bank receiving payments on an extension of credit made pursuant to a loan agreement entered into in the ordinary course of its trade or business;

 

(2)         to any Holder that is not the sole beneficial owner of the Notes, or a portion of the Notes, or that is a fiduciary, partnership or limited liability company, but only to the extent that a beneficial owner with respect to the Holder, a beneficiary or settlor with respect to the fiduciary, or a beneficial owner or member of the partnership or limited liability company would not have been entitled to the payment of an additional amount had the beneficiary, settlor,

 

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beneficial owner or member received directly its beneficial or distributive share of the payment;

 

(3)         to any tax, assessment or other governmental charge that would not have been imposed but for the failure of the Holder or any other person to comply with certification, identification or information reporting requirements concerning the nationality, residence, identity or connection with the United States of the Holder or beneficial owner of the Notes, if compliance is required by statute, by regulation of the United States or any taxing authority therein or by an applicable income tax treaty to which the United States is a party as a precondition to exemption from such tax, assessment or other governmental charge;

 

(4)         to any tax, assessment or other governmental charge that is imposed otherwise than by withholding by the Company or a Paying Agent from the payment;

 

(5)         to any tax, assessment or other governmental charge that would not have been imposed but for a change in law, regulation, or administrative or judicial interpretation that becomes effective more than 15 days after the payment becomes due or is duly provided for, whichever occurs later;

 

(6)         to any estate, inheritance, gift, sales, excise, transfer, wealth, capital gains or personal property tax or similar tax, assessment or other governmental charge;

 

(7)         to any withholding or deduction that is imposed on a payment to an individual and that is required to be made pursuant to any law implementing or complying with, or introduced in order to conform to, any European Union Directive on the taxation of savings;

 

(8)         to any tax, assessment or other governmental charge required to be withheld by any Paying Agent from any payment of principal of or interest on any Note, if such payment can be made without such withholding by at least one other Paying Agent;

 

(9)         to any tax, assessment or other governmental charge that would not have been imposed but for the presentation by the Holder of any Note, where presentation is required, for payment on a date more than 30 days after the date on which payment became due and payable or the date on which payment thereof is duly provided for, whichever occurs later;

 

(10)  to any tax, assessment or other governmental charge that is imposed or withheld solely by reason of the beneficial owner being a bank (i) purchasing the Notes in the ordinary course of its lending business or (ii) that is neither (A) buying the Notes for investment purposes only nor (B) buying the Notes for resale to a third-party that either is not a bank or holding the Notes for investment purposes only;

 

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(11) to any tax, assessment or other governmental charge imposed under Sections 1471 through 1474 of the Internal Revenue Code (or any amended or successor provisions), any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Internal Revenue Code or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such sections of the Internal Revenue Code; or

 

(12)  in the case of any combination of items (1), (2), (3), (4), (5), (6), (7), (8), (9), (10) and (11).

 

The Notes are subject in all cases to any tax, fiscal or other law or regulation or administrative or judicial interpretation applicable to the Notes. Except as noted above, the Company will not be required to make any payment for any tax, assessment or other governmental charge imposed by any government or a political subdivision or taxing authority of or in any government or political subdivision.

 

As used above, the term “United States” means the United States of America (including the states of the United States and the District of Columbia and any political subdivision thereof) and the term “United States person” means any individual who is a citizen or resident of the United States for U.S. federal income tax purposes, a corporation, partnership or other entity created or organized in or under the laws of the United States, any state of the United States or the District of Columbia (other than a partnership that is not treated as a United States person under any applicable Treasury regulations), or any estate or trust the income of which is subject to United States federal income taxation regardless of its source.

 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Securities of each series under the Indenture at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the Securities at the time Outstanding of each series to be affected by such amendment or modification. The Indenture also contains provisions permitting the Holders of a majority in aggregate principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note.

 

The Indenture contains provisions setting forth certain conditions to the institution of proceedings by Holders of Securities with respect to the Indenture or for any remedy under the Indenture.

 

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If an Event of Default with respect to the Notes shall occur and be continuing, the principal amount hereof may be declared due and payable or may be otherwise accelerated in the manner and with the effect provided in the Indenture.

 

No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place and rate, and in the coin or currency, herein prescribed.

 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note is registerable in the Security Register, upon surrender of this Note for registration of transfer at the office or agency of the Company in any Place of Payment duly endorsed, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Notes, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

 

The Notes are issuable only in registered form without coupons in denominations of €100,000 and integral multiples of €1,000 in excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, this Note is exchangeable for certificated notes in definitive form of like tenor in minimum denominations of €100,000 principal amount and integral multiples of €1,000 in excess thereof if (i) the common depositary provides notification that it is unwilling, unable or no longer qualified to continue as depositary for the global notes and a successor is not appointed within 90 days; (ii) the Company in its discretion at any time determines not to have all the Notes represented by the global note; or (3) default entitling the Holders of Notes to accelerate the maturity thereof has occurred and is continuing. Any Note that is exchangeable as above is exchangeable for certificated notes issuable in authorized denominations and registered in such names as the common depositary shall direct. Subject to the foregoing, a global note is not exchangeable, except for a global note of the same aggregate denomination to be registered in the name of the common depositary (or its nominee).

 

Payments (including principal, interest and any additional amounts) and transfers with respect to the Notes in certificated form may be executed at the office or agency maintained for such purpose within the City of London (initially the office of the Paying Agent maintained for such purpose) or, at the Company’s option, by check mailed to the Holders thereof at the respective addresses set forth in the register of Holders of the Notes, provided that all payments (including principal, interest and any additional amounts) on certificated notes, for which the Holders thereof have given wire transfer instructions, will be required to be made by wire transfer of immediately available funds to the accounts specified by the Holders thereof.

 

No service charge shall be made for any such registration or transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

 

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Prior to the presentment of this Note for registration of transfer, the Company, the Trustee, and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered as the owner hereof for the purpose of receiving payment as herein provided and for all other purposes, whether or not this Note is overdue, and neither the Company, the Trustee, nor any such agent shall be affected by notice to the contrary.

 

All terms used in this Note which are defined in the Indenture and are not otherwise defined herein shall have the meanings assigned to them in the Indenture.

 

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FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto

 

 

[PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE]

 

 

[PLEASE PRINT OR TYPE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE]

 

the within Note and all rights thereunder, hereby irrevocably constituting and appointing                                                       attorney to transfer such Note on the books of the Issuer, with full power of substitution in the premises.

 

 

	
Dated:
    	
 
    	
 
    

 

NOTICE:                                            The signature to this assignment must correspond with the name as written upon the face of the within Note in every particular without alteration or enlargement or any change whatsoever.

 

10Exhibit

EXECUTION VERSION

THIRD AMENDMENT
Dated as of July 13, 2016, 
to the
CREDIT AGREEMENT
among
BOOZ ALLEN HAMILTON INC. 
as the Borrower,
The Several Lenders from Time to Time Parties Thereto,
and
BANK OF AMERICA, N.A., 
as Administrative Agent, Collateral Agent and Issuing Lender
___________
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, 
FIFTH THIRD BANK, 
JPMORGAN SECURITIES LLC 
and 
SUMITOMO MITSUI BANKING CORPORATION, 
as Joint Lead Arrangers and Joint Bookrunners
and
THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.
PNC CAPITAL MARKETS LLC,
SUNTRUST BANK,
TD BANK, N.A., 
and
WELLS FARGO BANK, NATIONAL ASSOCIATION, 
as Co-Documentation Agents

THIRD AMENDMENT
THIRD AMENDMENT TO CREDIT AGREEMENT, dated as of July 13, 2016 (this “Amendment”), among BOOZ ALLEN HAMILTON INC., a Delaware corporation (the “Borrower”), the Guarantors (as defined below), the Administrative Agent (as defined below), the Collateral Agent (as defined below), and the Lenders party hereto.  Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Credit Agreement.  
W I T N E S S E T H
WHEREAS, the Borrower, the Lenders from time to time party thereto, and BANK OF AMERICA, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”), Collateral Agent (in such capacity, the “Collateral Agent”) and Issuing Lender, are parties to a Credit Agreement, dated as of July 31, 2012 (as amended by First Amendment to Credit Agreement, dated as of August 16, 2013, as further amended by Second Amendment to Credit Agreement, dated as of May 7, 2014, and as otherwise heretofore amended, the “Credit Agreement”);
WHEREAS, the Borrower has requested that the Persons set forth on Schedule I hereto (the “Refinancing Revolving Lenders”) provide revolving commitments (the “Refinancing Revolving Commitments”) in an aggregate amount of $500,000,000 to the Borrower, and each Refinancing Revolving Lender has agreed to provide a Refinancing Revolving Commitment in an aggregate amount as set forth on Schedule I hereto, in each case subject to the terms and conditions set forth herein;
WHEREAS, the Borrower has requested that (a) the Persons set forth on Schedule II hereto (the “New Refinancing Tranche A Term Lenders”) make term loans (the “New Refinancing Tranche A Term Loans”) in an aggregate principal amount of $225,253,107.52 to the Borrower on the Third Amendment Effective Date and (b) the Exchanging Tranche A Term Lenders (as defined below) exchange their Existing Tranche A Term Loans (as defined below) for term loans of like aggregate principal amount (the “Exchanged Refinancing Tranche A Term Loans” and, together with the New Refinancing Tranche A Term Loans, the “Refinancing Tranche A Term Loans”), in each case subject to the terms and conditions set forth herein; 
WHEREAS, pursuant to Section 2.25 of the Credit Agreement, the Borrower has requested that the Persons listed on Schedule III hereto (the “2016 Supplemental Tranche A Lenders”) increase their outstanding Initial Tranche A Term Loans or become lenders of Initial Tranche A Term Loans, as applicable, by issuing new term loans in an aggregate principal amount of $456,750,500 to the Borrower on the Third Amendment Effective Date (the “2016 Supplemental Tranche A Term Loans”), in each case subject to the terms and conditions set forth herein; 
WHEREAS, the Borrower has requested that (a) the Persons set forth on Schedule IV hereto (the “New Refinancing Tranche B Term Lenders”) make term loans (the “New Refinancing Tranche B Term Loans”) in an aggregate principal amount of $170,103,581.87 to the Borrower on the Third Amendment Effective Date and (b) the Exchanging Tranche B Term Lenders (as defined below) exchange their Existing Tranche B Term Loans (as defined below) for term loans of like 

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aggregate principal amount (the “Exchanged Refinancing Tranche B Term Loans” and, together with the New Refinancing Tranche B Term Loans, the “Refinancing Tranche B Term Loans”), in each case subject to the terms and conditions set forth herein; and
WHEREAS, pursuant to Section 10.1 of the Credit Agreement, the Borrower and the Lenders party hereto, constituting no less than the Required Lenders (determined as of the Third Amendment Effective Date), agree to amend the Credit Agreement as set forth in Section 3 and Section 6 hereof;
NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
SECTION ONE – REFINANCING REVOLVING COMMITMENTS.  
(a)    Subject to the terms and conditions set forth herein and in the Credit Agreement (as amended  hereby), each Refinancing Revolving Lender severally agrees to provide Refinancing Revolving Commitments to the Borrower in an aggregate amount equal to the amount set forth opposite such Refinancing Revolving Lender’s name on Schedule I hereto.
(b)    The Revolving Commitments existing immediately prior to the effectiveness hereof (the “Existing Revolving Commitments”) shall be terminated upon the effectiveness of this Amendment, and shall be replaced by the Refinancing Revolving Commitments.  Any accrued commitment fees under Section 2.9 of the Credit Agreement and any accrued Letter of Credit fees under the first sentence of Section 3.3(a) of the Credit Agreement shall be paid in full in cash on the Third Amendment Effective Date, it being understood and agreed that such fees pursuant to such Sections shall accrue for the account of the Refinancing Revolving Lenders from the Third Amendment Effective Date.  Any Revolving Loans existing immediately prior to the effectiveness hereof (the “Existing Revolving Loans”) shall be repaid in full in cash on the Third Amendment Effective Date, together with all accrued and unpaid interest on, and all other amounts owing in respect of, such Existing Revolving Loans.  
(c)    Unless the context shall otherwise require, the Refinancing Revolving Lenders shall constitute “Revolving Lenders” and “Lenders”, the Refinancing Revolving Commitments shall constitute “Revolving Commitments” and “Commitments” and revolving loans made pursuant to the Refinancing Revolving Commitments shall constitute “Revolving Loans” and “Loans”, in each case for all purposes of the Credit Agreement (as amended hereby) and the other Loan Documents. 
(d)    Each Issuing Lender and each Refinancing Revolving Lender hereby agrees that, notwithstanding the termination of the Existing Revolving Commitments, the Letters of Credit outstanding on the Third Amendment Effective Date shall remain outstanding, and each Refinancing Revolving Lender further agrees that it shall be bound by the applicable provisions of Section 3 of the Credit Agreement (as amended hereby) in respect thereof. 

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SECTION TWO – REFINANCING TRANCHE A TERM LOANS.  
(a)    Subject to the terms and conditions set forth herein and in the Credit Agreement (as amended hereby), each New Refinancing Tranche A Term Lender severally agrees to make New Refinancing Tranche A Term Loans in Dollars to the Borrower on the Third Amendment Effective Date in an aggregate principal amount not to exceed the amount set forth opposite such New Refinancing Tranche A Term Lender’s name on Schedule II hereto.  Amounts borrowed under this Section 2(a) and repaid or prepaid may not be reborrowed.
(b)    The proceeds of the New Refinancing Tranche A Term Loans shall be used solely to repay in full all Initial Tranche A Term Loans outstanding under the Credit Agreement immediately prior to the effectiveness hereof (the “Existing Tranche A Term Loans”), other than the Existing Tranche A Term Loans of the Exchanging Tranche A Term Lenders that are exchanged for Exchanged Refinancing Tranche A Term Loans and deemed repaid pursuant to paragraph (d) below, and to pay related accrued and unpaid interest, fees and expenses. 
(c)    Unless previously terminated, the commitments of the New Refinancing Tranche A Term Lenders pursuant to Section 2(a) shall terminate upon the making of the New Refinancing Tranche A Term Loans on the Third Amendment Effective Date. 
(d)    Each Existing Tranche A Term Lender that executes and delivers a signature page to this Amendment and indicates thereon its election of the “Cashless Settlement Option” (each such Lender, an “Exchanging Tranche A Term Lender” and, together with the New Refinancing Tranche A Term Lenders, the “Refinancing Tranche A Term Lenders”; each Existing Tranche A Term Lender that does not so elect, a “Non-Exchanging Tranche A Term Lender”) severally agrees, on the Third Amendment Effective Date and subject to the terms and conditions set forth herein and in the Credit Agreement (as amended hereby), to exchange all (or such lesser amount as the Administrative Agent may allocate to such Lender (any such Existing Tranche A Term Loans of such Lender not allocated for exchange pursuant hereto, its “Non-Allocated Existing Tranche A Term Loans”)) of its Existing Tranche A Term Loans (the aggregate principal amount of Existing Tranche A Term Loans of such Lender so exchanged, its “Exchanged Tranche A Term Loan Amount”) for Exchanged Refinancing Tranche A Term Loans (which Existing Tranche A Term Loans so exchanged shall thereafter be deemed repaid and canceled and no longer be outstanding) in an aggregate principal amount equal to its Exchanged Tranche A Term Loan Amount.  All accrued and unpaid interest on, and all other amounts owing in respect of, the Existing Tranche A Term Loans of each Exchanging Tranche A Term Lender that are exchanged pursuant to this paragraph (d) (less the Exchanged Tranche A Term Loan Amount) shall be repaid in full in cash on the Third Amendment Effective Date.
(e)    The Existing Tranche A Term Loans of each Non-Exchanging Tranche A Term Lender and the Non-Allocated Existing Tranche A Term Loans of each Exchanging Tranche A Term Lender shall be repaid in full in cash on the Third Amendment Effective Date, together with all accrued and unpaid interest on, and all other amounts owing in respect of, such Existing Tranche A Term Loans.  

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(f)    Unless the context shall otherwise require, the New Refinancing Tranche A Term Lenders and the Exchanging Tranche A Term Lenders shall constitute “Tranche A Term Lenders”, “Term Lenders” and “Lenders” and the New Refinancing Tranche A Term Loans and Exchanged Refinancing Tranche A Term Loans shall constitute “Initial Tranche A Term Loans”, “Tranche A Term Loans”, “Term Loans” and “Loans”, in each case for all purposes of the Credit Agreement (as amended hereby) and the other Loan Documents.  
SECTION THREE – CREDIT AGREEMENT AMENDMENTS.   Subject to the satisfaction of the conditions set forth in clause (b) of Section Seven hereof each of the parties hereto hereby acknowledges, agrees and consents that the Credit Agreement will be amended as provided in this Section, effective as of the Third Amendment Effective Date:
(a)    The following defined terms shall be added to Section 1.1 of the Credit Agreement in the appropriate alphabetical order:
“2016 Supplemental Tranche A Term Loans”:  has the meaning assigned to such term in the Third Amendment.
“2016 Transactions”: the transactions to occur pursuant to the Third Amendment. 
“Bail-In Action”: the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution.
“Bail-In Legislation”: with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule.
“Borrowing Notice”: a notice of borrowing delivered pursuant to Section 2.5, substantially in the form of Exhibit M or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.
“Covered Liability”: as defined in Section 10.23.
“EEA Financial Institution”: (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition and is subject to the supervision of an EEA Resolution Authority, or (c) any financial institution established in an EEA Member Country which is a Subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision of an EEA Resolution Authority with its parent.
“EEA Member Country”: any of the member states of the European Union, Iceland, Liechtenstein, and Norway.

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“EEA Resolution Authority”: any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.
“EU Bail-In Legislation Schedule”: the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time.
“Excluded Liability”: any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.
“Third Amendment”: the Third Amendment to Credit Agreement, dated as of the Third Amendment Effective Date, among the Loan Parties, the Administrative Agent, the Collateral Agent and the Lenders party thereto.
“Third Amendment Effective Date”: July 13, 2016.
“Write-Down and Conversion Powers”: with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule.
(b)    The definition of “ABR” set forth in Section 1.1 of the Credit Agreement is hereby amended by inserting “; provided, further that if such rate shall be less than zero, such rate shall be deemed to be zero” immediately before the period at the end of the first sentence thereof. 
(c)    The definition of “Additional Obligations” set forth in Section 1.1 of the Credit Agreement is hereby amended by (x) deleting the first proviso in its entirety and (y) replacing “Tranche B” with “Tranche A” in all places where it appears.  
(d)    The definition of “Applicable Margin” or “Applicable Commitment Fee Rate” set forth in Section 1.1 of the Credit Agreement is hereby amended by (x) replacing “2.00%” and “3.00%” in clause (ii) thereof with “1.75%” and “2.75%” respectively, and (y) restating the proviso thereto in its entirety as follows:
“provided that from the Third Amendment Effective Date until the delivery of financial statements pursuant to Section 6.1 with respect to the first full fiscal quarter ending after the Third Amendment Effective Date (a) the Applicable Margin shall be 1.00% with respect to Initial Tranche A Term Loans and Revolving Loans that are ABR Loans and 2.00% with respect to Initial Tranche A Term Loans and Revolving Loans that are Eurocurrency Loans and (b) the Applicable Commitment Fee Rate shall be 0.40%, and, thereafter, the Applicable Margin and Applicable Commitment Fee Rate with respect to Initial Tranche A Term Loans, Revolving Loans and Revolving Commitments shall be determined in accordance with the Pricing Grid, in each case, based on the most recently delivered financial statements delivered pursuant to Section 6.1.”

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(e)    Clause (a) of the definition of “Available Amount” set forth in Section 1.1 of the Credit Agreement is hereby amended by replacing “$100,000,000” with $125,000,000”. 
(f)    The definition of “Cash Management Obligations” set forth in Section 1.1 of the Credit Agreement is hereby amended by inserting “or any Person that was a Lender or an Affiliate of a Lender at the time the relevant cash management arrangements were entered into” immediately after “any Affiliate of a Lender”.
(g)    The definition of “Consolidated Net Senior Secured Leverage” set forth in Section 1.1 of the Credit Agreement is hereby amended by replacing “$250,000,000” with “$300,000,000”.
(h)    The definition of “Consolidated Net Total Leverage” set forth in Section 1.1 of the Credit Agreement is hereby amended by replacing “$250,000,000” with “$300,000,000”.
(i)    The definition of “Continuing Directors” set forth in Section 1.1 of the Credit Agreement is hereby deleted in its entirety. 
(j)    The definition of “Defaulting Lender” set forth in Section 1.1 of the Credit Agreement is hereby amended by (x) deleting “or” immediately prior to clause (d) and (y) inserting the following immediately prior to the last proviso therein: “or (e) has become the subject of a Bail-In Action”. 
(k)    The definition of “Eurocurrency Rate” set forth in Section 1.1 of the Credit Agreement is hereby amended by adding the following sentence at the end of such definition: 
“Notwithstanding the foregoing, if the Eurocurrency Rate shall be less than zero, then such rate shall be deemed to be zero for all purposes of this Agreement.”
(l)    The definition of “Limited Condition Acquisition” set forth in Section 1.1 of the Credit Agreement is hereby deleted and replaced by the following: 
““Limited Condition Acquisition”: any acquisition by one or more of the Borrower and its Subsidiaries of any assets, business or Person permitted by this Agreement whose consummation is not conditioned on the availability of, or on obtaining, third party financing.”
(m)    The definition of “Permitted Investors” set forth in Section 1.1 of the Credit Agreement is hereby amended by replacing “or the Second Amendment Effective Date” with “, the Second Amendment Effective Date or the Third Amendment Effective Date” in each place where such phrase appears. 
(n)    Clause (a) of the definition of “Permitted Refinancing Obligations” set forth in Section 1.1 of the Credit Agreement is hereby amended by deleting “(1)” and “and (2) the aggregate principal amount of all such Inside Maturity Permitted Refinancing Obligations outstanding at the time of such incurrence, when taken together with the aggregate principal 

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amount of Inside Maturity New Term Loans and Inside Maturity Additional Obligations outstanding at the time of such incurrence, does not exceed $300,000,000”.
(o)    The definition of “Pricing Grid” set forth in Section 1.1 of the Credit Agreement is hereby amended by replacing the table therein with the following: 
	
						
	Consolidated Net Total Leverage Ratio
	Applicable Margin for Initial Tranche A Term Loans that are Eurocurrency Loans
	Applicable Margin for Initial Tranche A Term Loans that are ABR Loans
	Applicable Margin for Revolving Loans that are Eurocurrency Loans
	Applicable Margin for Revolving Loans that are ABR Loans
	Applicable Commitment Fee Rate

	≥ 3.00:1.00
	2.25%
	1.25%
	2.25%
	1.25%
	0.400%

	< 3.00:1.00 but ≥ 2.00 to 1.00
	2.00%
	1.00%
	2.00%
	1.00%
	0.400%

	< 2.00 to 1.00 but ≥ 1.50:1.00
	1.75%
	0.75%
	1.75%
	0.75%
	0.350%

	< 1.50:1.00
	1.50%
	0.50%
	1.50%
	0.50%
	0.300%

(p)    The definition of “Responsible Officer” set forth in Section 1.1 of the Credit Agreement is hereby amended by adding the following immediately before the period at the end thereof: 
“and, solely for purposes of notices given pursuant to Article II, any other officer or employee of the Borrower so designated by any of the foregoing officers in a notice to the Administrative Agent or pursuant to an agreement between the Borrower and the Administrative Agent.”
(q)    The definition of “Revolving Termination Date” set forth in Section 1.1 of the Credit Agreement is hereby amended by replacing “May 31, 2019” with “June 30, 2021”.
(r)    The definition of “Tranche A Term Maturity Date” set forth in Section 1.1 of the Credit Agreement is hereby amended by replacing “May 31, 2019” with “June 30, 2021”.
(s)    Section 2.3(a) of the Credit Agreement is hereby deleted and replaced by the following:
“(a)    The Initial Tranche A Term Loan of each Tranche A Term Lender shall be payable in equal consecutive quarterly installments on the last Business Day of each March, June, September and December following the Third Amendment Effective Date, commencing on the last 

8

Business Day of December, 2016, in an amount equal to one and one-quarter percent (1.25%) of the stated principal amount of the Initial Tranche A Term Loans funded on the Third Amendment Effective Date (which installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.18(b), or be increased as a result of any increase in the amount of Initial Tranche A Term Loans pursuant to Supplemental Term Loan Commitments (such increased amortization payments to be calculated in the same manner (and on the same basis) as the amortization payments for the Initial Tranche A Term Loans outstanding as of the Third Amendment Effective Date)), with the remaining balance thereof payable on the Tranche A Term Maturity Date.”
(t)    Section 2.5 of the Credit Agreement is hereby amended by inserting “pursuant to a Borrowing Notice” immediately after “irrevocable written notice” in the first proviso therein.
(u)    Section 2.15(a) of the Credit Agreement is hereby deleted and replaced by the following:
“(a) Each Eurocurrency Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurocurrency Rate determined for such day plus the Applicable Margin.”
(v)    Section 2.15(b) of the Credit Agreement is hereby deleted and replaced by the following:
“(b) Each ABR Loan shall bear interest at a rate per annum equal to ABR plus the Applicable Margin.”
(w)    Section 2.25(a) of the Credit Agreement is hereby amended by (x) replacing “The” at the beginning of such section with “In addition to the $441,187,500 in aggregate principal amount of 2016 Supplemental Tranche A Term Loans established and incurred on the Third Amendment Effective Date pursuant to the Third Amendment, the”, (y) replacing “$300,000,000” with “$400,000,000” and (z) inserting “; provided that, at the Borrower’s option, capacity to incur New Loan Commitments pursuant to clause (x) shall be deemed to be utilized prior to any utilization of clause (y) to establish New Loan Commitments” at the end of the second sentence of such section.
(x)    Section 2.25(b)(v) of the Credit Agreement is hereby amended by (x) deleting the proviso therein in its entirety and (y) replacing “Tranche B” with “Tranche A” in all places where it appears.
(y)    Clause (xii) of Section 2.25(b) of the Credit Agreement is hereby amended by inserting “, made on or prior to the 24-month anniversary of the Third Amendment Effective Date,” immediately after “relating to any New Term Loan”.
(z)    Section 2.25(e) of the Credit Agreement is hereby amended by replacing “(x) in the case of the 2014 Supplemental Term Loans, the Second Amendment, or (y) otherwise,” with “(x) in the case of the 2016 Supplemental Tranche A Term Loans, the Third 

9

Amendment or (y) otherwise,” after the phrase “pursuant to” in the first sentence of such Section 2.25(e).
(aa)    Section 3.1(a) of the Credit Agreement is hereby amended by inserting “any Revolving Lender’s Available Revolving Commitment or” immediately before “the aggregate amount of the Available Revolving Commitments” in the first proviso therein. 
(bb)    Section 4.19 of the Credit Agreement is hereby amended by (i) deleting “As of the Closing Date,” (ii) capitalizing “the” at the beginning of clause (a) thereof, (iii) inserting “(“OFAC”)” immediately after “executive order” and (iv) adding the following at the end thereof:
“The Borrower will not knowingly (directly or indirectly) use the proceeds of the Loans, or request the issuance of any Letter of Credit, for the purpose of financing the activities of any Person, in any country or territory, that is subject to, or the target of, any sanctions under or administered by OFAC, the U.S. State Department or any other enabling legislation or executive order relating thereto as well as sanctions laws and regulations of the United Nations Security Council, the European Union or any member state thereof and the United Kingdom, except as otherwise permitted by applicable law, regulation or license. The Borrower will not knowingly (directly or indirectly) use the proceeds of the Loans, or request the issuance of any Letter of Credit, in material violation of the United States Foreign Corrupt Practices Act of 1977, as amended, and all laws, rules and regulations of the European Union and United Kingdom applicable to the Borrower or its Subsidiaries from time to time concerning or relating to bribery or corruption.”
(cc)    Section 6.5(d) of the Credit Agreement is hereby amended by adding “the National Flood Insurance Act of 1968, the National Flood Insurance Reform Act of 1994 and the Biggert-Waters Flood Insurance Act of 2012, in each case” immediately before “as it may be amended”.
(dd)    Section 6.9 of the Credit Agreement is hereby amended by adding “and 2016 Supplemental Term Loans” after “2014 Supplemental Term Loans”.
(ee)    Section 7.1(a) of the Credit Agreement is hereby deleted and replaced by the following:
“(a)    Consolidated Net Total Leverage Ratio.  Commencing with the Test Period ending June 30, 2016, permit the Consolidated Net Total Leverage Ratio as at the last day of any Test Period to be in excess of the ratio set forth below for such period:

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	Period
	Consolidated Net Total Leverage Ratio

	June 30, 2016 through and including December 31, 2016
	4.50:1.00

	Thereafter
	4.00:1.00

(ff)    Section 7.2(c) of the Credit Agreement is hereby amended by replacing “$75,000,000” with “$100,000,000”.
(gg)    Section 7.2(p) of the Credit Agreement is hereby amended by replacing “$300,000,000” with “$400,000,000”.
(hh)    Section 7.2(t) of the Credit Agreement is hereby amended by replacing “$75,000,000” with “$100,000,000”.
(ii)    Section 7.2(u) of the Credit Agreement is hereby amended by replacing “$75,000,000” with “$100,000,000”.
(jj)    Section 7.3(z) of the Credit Agreement is hereby amended by replacing “$50,000,000” with “$75,000,000”.
(kk)    Section 7.5(e) of the Credit Agreement is hereby amended by replacing “$300,000,000” with “$400,000,000”.
(ll)    Section 7.6(b) of the Credit Agreement is hereby amended by replacing “3.50” with “3.75”.
(mm)    Section 7.6(m) of the Credit Agreement is hereby amended by replacing “$75,000,000” with “$100,000,000”.
(nn)    Section 7.7(v) of the Credit Agreement is hereby amended by replacing “$75,000,000” with “$100,000,000”.
(oo)    Section 7.7(z) of the Credit Agreement is hereby amended by replacing “3.50” with “3.75”. 
(pp)    Section 7.10 of the Credit Agreement is hereby amended by replacing “$50,000,000” with “$75,000,000”.
(qq)    Section 8.1(j)(iii) of the Credit Agreement is hereby amended by deleting “(x) a majority of the Board of Directors of Parent shall not be Continuing Directors or (y)”.
(rr)    Section 10.2(d) of the Credit Agreement is hereby amended by adding “or notices through the Platform or any other electronic platform or electronic messaging service,” after “the Internet” in the second sentence thereof.

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(ss)    Section 10.22 of the Credit Agreement is hereby amended by (i) adding “or related to any document to be signed in connection with this Agreement and the transactions contemplated hereby, including any Borrowing Notice,” after “(including waivers and consents)” in the first sentence thereof, and (ii) adding the following proviso immediately before the period at the end thereof 
“; provided that notwithstanding anything contained herein to the contrary the Administrative Agent is under no obligation to agree to accept electronic signatures in any form or in any format unless expressly agreed to by the Administrative Agent pursuant to procedures approved by it”.
(tt)    Section 10 of the Credit Agreement is hereby amended by adding at the end of Section 10.22 a new Section 10.23 to read as follows: 
“10.23.  Acknowledgement and Consent to Bail-In of EEA Financial Institutions.  Notwithstanding anything to the contrary in any Loan Document, each party hereto acknowledges that any liability of any Lender or Issuing Lender that is an EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured (all such liabilities, other than any Excluded Liability, the “Covered Liabilities”), may be subject to the Write-Down and Conversion Powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:
(a)    the application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any Covered Liabilities arising hereunder which may be payable to it by any Lender or Issuing Lender that is an EEA Financial Institution; and
(b)    the effects of any Bail-in Action on any such Covered Liability, including, if applicable:
		
	(i)
	a reduction in full or in part or cancellation of any such Covered Liability;

		
	(ii)
	a conversion of all, or a portion of, such Covered Liability into shares or other instruments of ownership in such EEA Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such Covered Liability under this Agreement or any other Loan Document;

		
	(iii)
	the variation of the terms of such Covered Liability in connection with the exercise of the write-down and conversion powers of any EEA Resolution Authority.

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Notwithstanding anything to the contrary herein, nothing contained in this Section 10.23 shall modify or otherwise alter the rights or obligations under this Agreement or any other Loan Document with respect to any liability that is not a Covered Liability.”
(uu)    The Credit Agreement is hereby further amended by adding a new Exhibit M in the form of Annex A hereto. 
SECTION FOUR – 2016 SUPPLEMENTAL TRANCHE A TERM LOANS.  
(a)    Subject to the terms and conditions set forth herein and in the Credit Agreement (as amended hereby), each 2016 Supplemental Tranche A Lender severally agrees to make 2016 Supplemental Tranche A Term Loans in Dollars to the Borrower on the Third Amendment Effective Date in an aggregate principal amount not to exceed the amount set forth opposite such 2016 Supplemental Tranche A Lender’s name in the column titled “2016 Supplemental Term Loan Amount” on Schedule III hereto.  Amounts borrowed under this Section 4(a) and repaid or prepaid may not be reborrowed.
(b)    The proceeds of the 2016 Supplemental Tranche A Term Loans shall be used solely to partially prepay Tranche B Term Loans outstanding under the Credit Agreement immediately prior to the effectiveness hereof (the “Existing Tranche B Term Loans”) and to pay related accrued and unpaid interest, fees and expenses. 
(c)    Unless previously terminated, the commitments of the 2016 Supplemental Tranche A Lenders pursuant to Section 4(a) shall terminate upon the making of the 2016 Supplemental Tranche A Term Loans on the Third Amendment Effective Date.
(d)    Unless the context shall otherwise require, the 2016 Supplemental Tranche A Lenders shall constitute “Tranche A Term Lenders”, “Term Lenders”, “Lenders” and, if applicable, “New Lenders”, and the 2016 Supplemental Tranche A Term Loans shall constitute “Initial Tranche A Term Loans”, “Tranche A Term Loans”, “Term Loans”, “Loans” and “New Term Loans”, in each case for all purposes of the Credit Agreement (as amended hereby) and the other Loan Documents.  For the avoidance of doubt, the New Refinancing Tranche A Term Loans, the Exchanged Refinancing Tranche A Term Loans and the 2016 Supplemental Tranche A Term Loans shall constitute a single Tranche under the Credit Agreement (as amended hereby) in an aggregate principal amount of $1,183,000,500 as of the Third Amendment Effective Date.  
SECTION FIVE – REFINANCING TRANCHE B TERM LOANS.
(a)    Subject to the terms and conditions set forth herein and in the Credit Agreement (as amended hereby), each New Refinancing Tranche B Term Lender severally agrees to make New Refinancing Tranche B Term Loans in Dollars to the Borrower on the Third Amendment Effective Date in an aggregate principal amount not to exceed the amount set forth opposite such New Refinancing Tranche B Term Lender’s name on Schedule IV hereto.  Amounts borrowed under this Section 5(a) and repaid or prepaid may not be reborrowed.

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(b)    The proceeds of the New Refinancing Tranche B Term Loans shall be used solely to repay in full all Existing Tranche B Term Loans, other than the Existing Tranche B Term Loans of the Exchanging Tranche B Term Lenders that are exchanged for Exchanged Refinancing Tranche B Term Loans and the Initial Tranche B Term Loans which are prepaid by the proceeds of the Supplemental Tranche A Term Loans pursuant to Section 4 and deemed repaid pursuant to paragraph (d) below, and to pay related accrued and unpaid interest, fees and expenses. 
(c)    Unless previously terminated, the commitments of the New Refinancing Tranche B Term Lenders pursuant to Section 5(a) shall terminate upon the making of the New Refinancing Tranche B Term Loans on the Third Amendment Effective Date. 
(d)    Each Existing Tranche B Term Lender that executes and delivers a signature page to this Amendment and indicates thereon its election of the “Cashless Settlement Option” (each such Lender, an “Exchanging Tranche B Term Lender” and, together with the New Refinancing Tranche B Term Lenders, the “Refinancing Tranche B Term Lenders”; each Existing Tranche B Term Lender that does not so elect, a “Non-Exchanging Tranche B Term Lender”) severally agrees, on the Third Amendment Effective Date and subject to the terms and conditions set forth herein and in the Credit Agreement (as amended hereby), to exchange all (or such lesser amount as the Administrative Agent may allocate to such Lender (any such Existing Tranche B Term Loans of such Lender not allocated for exchange pursuant hereto, its “Non-Allocated Existing Tranche B Term Loans”)) of its Existing Tranche B Term Loans (the aggregate principal amount of Existing Tranche B Term Loans of such Lender so exchanged, its “Exchanged Tranche B Term Loan Amount”) for Exchanged Refinancing Tranche B Term Loans (which Existing Tranche B Term Loans so exchanged shall thereafter be deemed repaid and canceled and no longer be outstanding) in an aggregate principal amount equal to its Exchanged Tranche B Term Loan Amount.  All accrued and unpaid interest on, and all other amounts owing in respect of, the Existing Tranche B Term Loans of each Exchanging Tranche B Term Lender that are exchanged pursuant to this paragraph (d) (less the Exchanged Tranche B Term Loan Amount) shall be repaid in full in cash on the Third Amendment Effective Date.
(e)    The Existing Tranche B Term Loans of each Non-Exchanging Tranche B Term Lender and the Non-Allocated Existing Tranche B Term Loans of each Exchanging Tranche B Term Lender shall be repaid in full in cash on the Third Amendment Effective Date, together with all accrued and unpaid interest on, and all other amounts owing in respect of, such Existing Tranche B Term Loans.  
(f)    Unless the context shall otherwise require, the New Refinancing Tranche B Term Lenders and the Exchanging Tranche B Term Lenders shall constitute “Tranche B Term Lenders”, “Term Lenders” and “Lenders” and the New Refinancing Tranche B Term Loans and Exchanged Refinancing Tranche B Term Loans shall constitute “Initial Tranche B Term Loans”, “Tranche B Term Loans”, “Term Loans” and “Loans”, in each case for all purposes of the Credit Agreement (as amended hereby) and the other Loan Documents.  
SECTION SIX – ADDITIONAL AMENDMENTS. 

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Subject to the satisfaction of the conditions set forth in clause (e) of Section Seven hereof, each of the parties hereto hereby acknowledges, agrees and consents that the Credit Agreement will be amended as provided in this Section, effective as of the Additional Amendment Effective Time: 
(a)    The definition of “Tranche B Term Maturity Date” set forth in Section 1.1 of the Credit Agreement is hereby amended by replacing “July 31, 2019, the seven year anniversary of the Closing Date” with “June 30, 2023”.
(b)    Section 2.3(b) of the Credit Agreement is hereby amended by (x) replacing “December 31, 2012” with “the last Business Day of December, 2016”, (y) replacing “Closing Date” with “Third Amendment Effective Date” in all three places where it appears and (z) replacing “schedule set forth below” with “amortization payments”.
(c)    Section 2.11(b) of the Credit Agreement is hereby amended by (i) inserting “on or after the Third Amendment Effective Date” immediately after “Any prepayment made” and (ii) replacing “First Amendment Effective Date” with “Third Amendment Effective Date”.
SECTION SEVEN – CONDITIONS TO EFFECTIVENESS:  
(a)    This Amendment shall become effective on the date on which the Loan Parties, each Refinancing Tranche A Term Lender, each Exchanging Tranche A Term Lender, each Refinancing Revolving Lender, each 2016 Supplemental Tranche A Lender, each Exchanging Tranche B Term Lender and each Refinancing Tranche B Term Lender shall have signed a counterpart hereof (whether the same or different counterparts) and shall have delivered (including by way of facsimile or other electronic transmission) the same to the Administrative Agent (or its counsel); provided that, (w) the agreements set forth in Sections 1 and 2 hereof and the amendments set forth in Section 3 hereof shall become effective only if the Third Amendment Effective Date shall occur, (x) the amendments set forth in Section 4 and 5 hereof shall become effective only if the Incremental Effective Time shall occur and (y) the amendments set forth in Section 6 hereof shall become effective only if the Additional Amendment Effective Time shall occur.
(b)    The agreements set forth in Sections 1 and 2 hereof and the amendments set forth in Section 3 hereof shall become effective as of the time (the “Third Amendment Effective Date”) when each of the following conditions shall have been satisfied: 
		
	(i)
	Required Lenders. The Administrative Agent shall have received counterparts of this Amendment executed by the Required Lenders;

		
	(ii)
	No Default; Representations and Warranties.  no Default or Event of Default shall exist as of the Third Amendment Effective Date immediately prior to and after giving effect to this Amendment and the borrowing of the Refinancing Tranche A Term Loans and the 

15

Refinancing Tranche B Term Loans and all of the representations and warranties of the Loan Parties contained in the Loan Documents shall be true and correct in all material respects on the Third Amendment Effective Date as if made on and as of such date (unless such representation or warranty relates to a specific date, in which case such representation or warranty shall have been true and correct in all material respects as of such specific date); 
		
	(iii)
	Tranche A Term Loan Borrowing and Prepayment. (i) the Administrative Agent shall have received from the Borrower a notice of prepayment with respect to the Initial Tranche A Term Loans (other than the Exchanged Initial Tranche A Term Loans) (the “Tranche A Term Loan Prepayment”) and a notice of borrowing with respect to the Refinancing Tranche A Term Loans and (ii) substantially contemporaneously with the other transactions contemplated hereby, the Borrower shall have made the Tranche A Term Loan Prepayment and shall have paid all accrued and unpaid interest on all Existing Tranche A Term Loans and other amounts required to be paid by it in connection therewith; 

		
	(iv)
	Revolving Commitment Termination.  (i) the Administrative Agent shall have received from the Borrower a notice of termination with respect to the Existing Revolving Commitments and, to the extent any Existing Revolving Loans are outstanding, a notice of prepayment with respect to such Existing Revolving Commitments (the “Revolving Loan Prepayment”) and (ii) if applicable, substantially contemporaneously with the other transactions contemplated hereby, the Borrower shall have made the Revolving Loan Prepayment, and shall have paid all accrued and unpaid interest on all Existing Revolving Loans and other amounts required to be paid by it in connection therewith;

		
	(v)
	Fees. the Borrower shall have paid, or caused to be paid (including by means of offsetting against the proceeds of the 2016 Supplemental Tranche A Term Loans) to the Administrative Agent all fees and other amounts due and payable under or in connection with this Amendment, including, without limitation, the fees payable pursuant to Section 14 hereof and all fees and other amounts agreed to between the Borrower and the joint lead arrangers of this Amendment, and, to the extent invoiced in reasonable detail at least three Business Days prior to the Third Amendment Effective Date, all reasonable and documented out-of-pocket expenses required to be reimbursed or paid by the Borrower hereunder or under any other Loan Document; 

16

		
	(vi)
	Legal Opinions; Certificates.  the Administrative Agent shall have received legal opinions and closing certificates (consistent with those delivered on the Closing Date pursuant to clauses (f) and (g) of Section 5.1 of the Credit Agreement, taking into account any changes to such counsel’s form of opinion on account of developments in opinion practice), together with appropriate insertions and attachments (including true and complete copies of resolutions of the board of directors or a duly authorized committee thereof for each of the Loan Parties approving and authorizing the execution, delivery and performance of this Amendment, and the performance of the Credit Agreement as amended hereby and a good standing certificate (or the equivalent thereof) for the Borrower and the other Loan Parties from their respective jurisdictions of formation); and

		
	(vii)
	USA PATRIOT Act.  the Lenders shall have received from the Borrower and each of the Loan Parties documentation and other information reasonably requested by any Lender no less than 5 Business Days prior to the Third Amendment Effective Date that is required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the USA Patriot Act.

(c)    The agreements set forth in Sections 4 and 5 hereof shall become effective on the date on which each of the following conditions is satisfied (the “Incremental Effective Time”):
		
	(i)
	Borrowing Notice.  The Administrative Agent shall have received from the Borrower a notice of borrowing with respect to the 2016 Supplemental Tranche A Term Loans; 

		
	(ii)
	Tranche B Term Loan Borrowing and Prepayment. (i) the Administrative Agent shall have received from the Borrower a notice of prepayment with respect to the Initial Tranche B Term Loans (other than the Exchanged Initial Tranche B Term Loans) to be prepaid with the proceeds of the New Refinancing Tranche B Term Loans (the “Tranche B Term Loan Prepayment”) and a notice of borrowing with respect to the Refinancing Tranche B Term Loans and (ii) substantially contemporaneously with the other transactions contemplated hereby, the Borrower shall have made the Tranche B Term Loan Prepayment and shall have paid all accrued and unpaid interest on all Existing Tranche B Term Loans and other amounts required to be paid by it in connection therewith; and

		
	(iii)
	Third Amendment Effective Date.  The Third Amendment Effective Date shall have occurred.

17

(d)    The amendments set forth in Section 6 hereof shall become effective on the date on which each of the following conditions is satisfied (the “Additional Amendment Effective Time”): 
		
	(i)
	Consent of Affected Lenders.  The Administrative Agent shall have received counterparts of this Amendment executed by each of the affected Tranche B Term Lenders; and

		
	(ii)
	Third Amendment Effective Date.  The Incremental Effective Time shall have occurred.

SECTION EIGHT – REPRESENTATIONS AND WARRANTIES; NO DEFAULTS.   In order to induce the Lenders to enter into this Amendment, each of the Loan Parties represents and warrants, on the Third Amendment Effective Date, to each of the Lenders and the Administrative Agent that:
(a)    the execution, delivery and performance by such Loan Party of this Amendment is within such Loan Party’s corporate or other powers, has been authorized by all necessary corporate or other organizational action, except (other than with respect to the Borrower), to the extent such failure to do so would not reasonably be expected to have a Material Adverse Effect, and has been duly executed and delivered on behalf of the Loan Parties party hereto;
(b)    this Amendment and the Credit Agreement, as amended hereby, each constitute a legal, valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law) and the implied covenants of good faith and fair dealing;
(c)    all of the representations and warranties contained in the Credit Agreement, as amended hereby, and in the other Loan Documents are true and correct in all material respects on the Third Amendment Effective Date as if made on and as of such date (unless such representation or warranty relates to a specific date, in which case such representation or warranty were true and correct in all material respects as of such specific date); and
(d)    no Default or Event of Default exists as of the Third Amendment Effective Date after giving effect to this Amendment, the borrowing of the Refinancing Tranche A Term Loans, the 2016 Supplemental Tranche A Term Loans and the borrowing of the Refinancing Tranche B Term Loans.
The Administrative Agent shall give prompt notice in writing to the Borrower of the occurrence of the Third Amendment Effective Date, the Incremental Effective Time and the Additional Amendment Effective Time.  It is understood that such writing may be delivered or furnished by electronic communication.

18

SECTION NINE – SECURITY.   The Loan Parties acknowledge that (a) the Refinancing Tranche A Term Loans, any Revolving Loans or other extensions of credit made pursuant to the Refinancing Revolving Commitments, the 2016 Supplemental Tranche A Term Loans and the Refinancing Tranche B Term Loans constitute Borrower Obligations (as defined in the Guarantee and Collateral Agreement) and (b) notwithstanding the effectiveness of this Amendment, (i) the Guarantee and Collateral Agreement shall continue to be in full force and effect, (ii) the Guarantor Obligations of each Guarantor are not impaired or affected and (iii) all guarantees made by the Loan Parties pursuant to the Guarantee and Collateral Agreement and all Liens granted by the Loan Parties as security for the Borrower Obligations (including the Refinancing Tranche A Term Loans, any Revolving Loans or other extensions of credit made pursuant to the Refinancing Revolving Commitments, the 2016 Supplemental Tranche A Term Loans and the Refinancing Tranche B Term Loans) and the Guarantor Obligations pursuant to the Guarantee and Collateral Agreement continue in full force and effect; and, further, confirm and ratify their respective obligations under each of the Loan Documents executed by the Loan Parties, as amended hereby.
SECTION TEN – WAIVER.    Notwithstanding anything contained in Section 2.25 of the Credit Agreement to the contrary, the parties hereto hereby waive any notice requirement with respect to the 2016 Supplemental Tranche A Term Loans and the issuance of New Term Loans with respect thereto.  
SECTION ELEVEN – SEVERABILITY.   Any provision of this 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.
SECTION TWELVE – CONTINUING EFFECT; NO OTHER WAIVERS OR AMENDMENTS.  Except as expressly set forth herein, this Amendment shall not (i) constitute a substitution or novation, or a payment and reborrowing, or a termination, of the Obligations outstanding under the Credit Agreement (other than with respect to the Existing Revolving Loans and the Existing Revolving Commitments, the Existing Tranche A Term Loans, the Existing Tranche B Term Loans, the Tranche B Term Loans which are prepaid with the proceeds from the 2016 Supplemental Tranche A Term Loans pursuant to Section 4) or instruments guaranteeing or securing the same, which shall remain in full force and effect, except as modified hereby or (ii) by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of the Lenders, the Administrative Agent or the Loan Parties under the Credit Agreement, as amended hereby, the Guarantee and Collateral Agreement or any other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement, as amended hereby, the Guarantee and Collateral Agreement or any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect. Nothing herein shall be deemed to entitle any Loan Party to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement, as amended hereby, the Guarantee and Collateral Agreement or any other Loan Document in similar or different circumstances.  After the Third Amendment Effective Date, any reference in any Loan Document 

19

to the Credit Agreement shall mean the Credit Agreement, as amended hereby.  This Amendment shall constitute a Loan Document for all purposes of the Credit Agreement (as amended hereby) and the other Loan Documents.
SECTION THIRTEEN – COUNTERPARTS.   This Amendment may be executed by one or more of the parties to this Amendment on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Amendment by facsimile or electronic (i.e. “pdf”) transmission shall be effective as delivery of a manually executed counterpart hereof.
SECTION FOURTEEN – PAYMENT OF FEES AND EXPENSES.   The Borrower agrees (a) to pay to (i) each Exchanging Tranche B Term Lender, an amendment fee in an amount equal to 0.25% of the aggregate principal amount of such Exchanging Tranche B Term Lender’s Exchanged Refinancing Tranche B Term Loans outstanding on the Third Amendment Effective Date, (ii) each New Refinancing Tranche B Term Lender, an upfront fee in an amount equal to 0.25% of the aggregate principal amount of such New Refinancing Tranche B Term Lender’s New Refinancing Tranche B Term Loans outstanding on the Third Amendment Effective Date and (iii) each Exchanging Tranche A Term Lender, Refinancing Revolving Lender, New Refinancing Tranche A Term Lender and 2016 Supplemental Tranche A Lender the fees agreed among the Borrower, the joint lead arrangers of the Amendment and such Lender and (b) to pay or reimburse the Administrative Agent for all of its reasonable and documented out-of-pocket costs and expenses incurred in connection with this Amendment including, without limitation, the reasonable fees and disbursements and other charges of Cravath, Swaine & Moore LLP, counsel to the Administrative Agent.
SECTION FIFTEEN – GOVERNING LAW.   THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS TO THE EXTENT THAT THE SAME ARE NOT MANDATORILY APPLICABLE BY STATUTE AND THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.  The provisions of Sections 10.12 and 10.17 of the Credit Agreement are hereby incorporated by reference herein, mutatis mutandis. 
SECTION SIXTEEN – TAX MATTERS.  For purposes of determining withholding Taxes imposed under FATCA, from and after the Third Amendment Effective Date, the Borrower and the Administrative Agent shall treat (and the Lenders hereby authorize the Administrative Agent to treat) the Loans as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).    

20

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and delivered as of the date first above written.
BOOZ ALLEN HAMILTON INC.

By:    /s/ Lloyd W. Howell, Jr.        
Name: Lloyd W. Howell, Jr.
Title:   Executive Vice President, Chief Financial Officer and Treasurer

BOOZ ALLEN HAMILTON INVESTOR CORPORATION

By:    /s/ Lloyd W. Howell, Jr.        
Name: Lloyd W. Howell, Jr.
Title:   Executive Vice President, Chief Financial Officer and Treasurer

BOOZ ALLEN HAMILTON INTERNATIONAL, INC.

By:    /s/ Laura S. Adams            
Name: Laura S. Adams
Title:   Treasurer

BOOZ ALLEN HAMILTON ENGINEERING HOLDING CO., LLC

By:    /s/ Laura S. Adams            
Name: Laura S. Adams
Title:   Treasurer

BOOZ ALLEN HAMILTON ENGINEERING SERVICES, LLC

By:    /s/ Laura S. Adams            
Name: Laura S. Adams
Title:   Treasurer

SDI TECHNOLOGY CORPORATION

By:    /s/ Laura S. Adams            
Name: Laura S. Adams
Title:   Treasurer

BANK OF AMERICA, N.A., as Administrative Agent, Collateral Agent, Issuing Lender, New Refinancing Tranche A Term Lender, 2016 Supplemental Tranche A Lender and New Refinancing Tranche B Term Lender
		
	By:
	/s/ Matt Flynn                 
Name: Matt Flynn 
Title:   Managing Director

Amalgamated Bank, as 2016 Supplemental Tranche A Lender
By:    /s/ Jackson Eng            
Name: Jackson Eng
Title:   Senior Vice President

American Savings Bank, F.S.B., as 2016 Supplemental Tranche A Lender

By:    /s/ Rian DuBach            
Name: Rian DuBach
Title:   FVP

Banco de Sabadell, S.A. Miami Branch, as 2016 Supplemental Tranche A Lender

By:    /s/ Maurici Lladó            
Name: Maurici Lladó
Title:   Executive Director, Corporate Banking Americas Director

The Bank of Tokyo-Mitsubishi UFJ, Ltd., as 2016 Supplemental Tranche A Lender

By:    /s/ Adrienne Young            
Name: Adrienne Young
Title:   Vice President

California First National Bank, as 2016 Supplemental Tranche A Lender

By:    /s/ Mark D. Cross            
Name: Mark D. Cross
Title:   Executive Vice President, Chief Credit Officer

Capital Bank Corporation, as 2016 Supplemental Tranche A Lender

By:    /s/ Rebecca L. Hetzer            
Name: Rebecca L. Hetzer
Title:   Senior Vice President

Capital One National Association, as 2016 Supplemental Tranche A Lender

By:    /s/ Joseph C. Costa            
Name: Joseph C. Costa
Title:   Senior Vice President

Cathay Bank, as 2016 Supplemental Tranche A Lender

By:    /s/ Nancy A. Moore            
Name: Nancy A. Moore
Title:   Senior Vice President

Chang Hwa Commercial Bank, Ltd., Los Angeles Branch, as 2016 Supplemental Tranche A Lender

By:    /s/ Kang Yang                
Name: Kang Yang
Title:   VP & General Manager

Crédit Industriel Et Commercial, as 2016 Supplemental Tranche A Lender

By:    /s/ Clifford Abramsky            
Name: Clifford Abramsky
Title:   Managing Director

By:    /s/ Gary Weiss                
Name: Gary Weiss
Title:   Managing Director

Credit Suisse AG, Cayman Islands Branch, as 2016 Supplemental Tranche A Lender

By:    /s/ Robert Hetu            
Name: Robert Hetu
Title:   Authorized Signatory

By:    /s/ Whitney Gaston            
Name: Whitney Gaston
Title:   Authorized Signatory

CTBC Bank Co., Ltd, New York Branch, as 2016 Supplemental Tranche A Lender

By:    /s/ Ralph Wu                
Name: Ralph Wu
Title:   SVP & General Manager

Fifth Third Bank, as New Refinancing Tranche A Term Lender

By:    /s/ Criss Kennedy Talsania        
Name: Criss Kennedy Talsania
Title:   Managing Director

First Commonwealth Bank, as 2016 Supplemental Tranche A Lender

By:    /s/ Stephen J. Orban            
Name: Stephen J. Orban
Title:   Senior Vice President

First Midwest Bank, as 2016 Supplemental Tranche A Lender

By:    /s/ Michael Trunck            
Name: Michael Trunck
Title:   Senior Vice President

The Huntington National Bank, as 2016 Supplemental Tranche A Lender

By:    /s/ Mark Zobel                
Name: Mark Zobel
Title:   Vice President

Industrial and Commercial Bank of China Ltd., New York Branch, as 2016 Supplemental Tranche A Lender

By:    /s/ Tony Huang            
Name: Tony Huang
Title:   Director

By:    /s/ Dayi Liu                
Name: Dayi Liu
Title:   Director

JPMorgan Chase Bank, N.A., as New Refinancing Tranche A Term Lender

By:    /s/ Anthony Galea            
Name: Anthony Galea
Title:   Vice President

M&T Bank, as 2016 Supplemental Tranche A Lender

By:    /s/ Daniel Darnell, Jr.            
Name: Daniel Darnell, Jr.
Title:   Vice President

Mega International Commercial Bank Co., Ltd, Chicago Branch, as 2016 Supplemental Tranche A Lender

By:    /s/ Wan-Ling Jwang            
Name: Wan-Ling Jwang
Title:   VP and General Manager

People’s United Bank, National Association, as 2016 Supplemental Tranche A Lender

By:    /s/ Jennie McElhone            
Name: Jennie McElhone
Title:   Vice President

By:    /s/ David Denlinger            
Name: David Denlinger
Title:   Senior Vice President, Regional Manager

PNC Bank, National Association, as New Refinancing Tranche A Term Lender

By:    /s/ Steven Day                
Name: Steven Day
Title:   Vice President

Raymond James Bank, N.A., as 2016 Supplemental Tranche A Lender

By:    /s/ Alexander L. Rody            
Name: Alexander L. Rody
Title:   Senior Vice President

Sumitomo Mitsui Banking Corporation, as New Refinancing Tranche A Term Lender

By:    /s/ David W. Kee            
Name: David W. Kee
Title:   Managing Director

State Bank of India, Los Angeles Agency, as 2016 Supplemental Tranche A Lender

By:    /s/ Manoranjan Panda            
Name: Manoranjan Panda
Title:   VP & Head (CMC)

Stifel Bank & Trust, as 2016 Supplemental Tranche A Lender

By:    /s/ Matthew Diehl            
Name: Matthew Diehl
Title:   Senior Vice President

SunTrust Bank, as 2016 Supplemental Tranche A Lender

By:    /s/ Mary K. Lundin            
Name: Mary K. Lundin
Title:   Vice President

Synovus Bank, as 2016 Supplemental Tranche A Lender

By:    /s/ John R. Frierson            
Name: John R. Frierson
Title:   Senior Vice President

TD Bank, N.A., as New Refinancing Tranche A Term Lender

By:    /s/ Mark Hogan            
Name: Mark Hogan
Title:   Senior Vice President

The Bank of East Asia, Limited, Los Angeles Branch, as 2016 Supplemental Tranche A Lender

By:    /s/ David Loh                
Name: David Loh
Title:   Chief Lending Officer

By:    /s/ Simon Keung            
Name: Simon Keung
Title:   General Manager

Trustmark National Bank, as 2016 Supplemental Tranche A Lender

By:    /s/ Louise Barden            
Name: Louise Barden
Title:   Senior Vice President

U.S. Bank National Association, as 2016 Supplemental Tranche A Lender

By:    /s/ Richard J. Ameny, Jr.        
Name: Richard J. Ameny, Jr.
Title:   Vice President

Wells Fargo Bank, National Association, as 2016 Supplemental Tranche A Lender

By:    /s/ Adam Spreyer            
Name: Adam Spreyer
Title:       Vice President

I. Election (Check Any That Apply):

	
	
	A.
    □ CONSENT TO AMENDMENT AND PROVISION OF REFINANCING REVOLVING COMMITMENTS (REVOLVING LENDERS ONLY):   
By checking this box, the undersigned Revolving Lender hereby consents to the Amendment and agrees to provide Refinancing Revolving Commitments in an aggregate amount equal to the amount set forth opposite such Refinancing Revolving Lender’s name on Schedule I to the Amendment.

	
	
	B.
    □ CONSENT AND CASHLESS SETTLEMENT OPTION (TRANCHE A TERM LENDERS ONLY):   
By checking this box, the undersigned Tranche A Term Lender hereby consents to the Amendment and agrees to exchange (on a cashless basis) 100% of the outstanding principal amount of its Existing Tranche A Term Loans (or such lesser amount allocated to such Tranche A Term Lender by the Administrative Agent) for Exchanged Refinancing Tranche A Term Loans in an equal principal amount. 

	
	
	C.
    □ CONSENT AND CASHLESS SETTLEMENT OPTION (TRANCHE B TERM LENDERS ONLY):   
By checking this box, the undersigned Tranche B Term Lender hereby consents to the Amendment and agrees to exchange (on a cashless basis) 100% of the outstanding principal amount of its Existing Tranche B Term Loans (or such lesser amount allocated to such Tranche B Term Lender by the Administrative Agent) for Exchanged Refinancing Tranche B Term Loans in an equal principal amount.

II. Signature: [Lender Signature Pages on File with the Administrative Agent]

Name of Institution: ____________________________________________________

	
		
	by
	 

	 
	Name:

	 
	Title:

	For any institution requiring a second signature line:

	by
	 

	 
	Name:

	 
	Title:

Annex A

BAH BORROWING NOTICE

Date: ____________________

To: Bank of America, N.A. as Administrative Agent 

Ladies and Gentlemen: 

Reference is made to the Credit Agreement, dated as of July 31, 2012 (as amended by the First Amendment to Credit Agreement dated as of August, 16, 2013, the Second Amendment to Credit Agreement dated May 7, 2014 and the Third Amendment to Credit Agreement dated July 13, 2016, the “Credit Agreement”, the terms defined therein being used herein as therein defined), among BOOZ ALLEN HAMILTON INC., a Delaware corporation, the lenders from time to time parties thereto, BANK OF AMERICA, N.A., as Administrative Agent, Collateral Agent and Issuing Lender, and the other banks and financial institutions from time to time party thereto.

The undersigned hereby requests that the [Revolving Facility Lenders][Tranche A Term Lenders][Tranche B Term Lenders][specify other applicable Lenders] make [Revolving Loans][Tranche A Term Loans][Tranche B Term Loans][specify other applicable Loans]: 

1. On ___________________ (a Business Day)

2. In the amount of US $______________

3. As [ABR Loans][Eurocurrency Loans] 

4. With an Interest Period of ___ month[s]

[signature page follows]

BOOZ ALLEN HAMILTON INC.

By:                         
    Name: 
    Title:

SCHEDULE I
Refinancing Revolving Commitments

	
				
	Refinancing Revolving Lenders
	Refinancing Revolving Commitments

	Bank of America, N.A.
	

	$48,281,040.70
	

	Fifth Third Bank
	

	$40,537,500.00
	

	JPMorgan Chase Bank, N.A.
	

	$40,537,500.00
	

	Sumitomo Mitsui Banking Corporation
	

	$40,537,500.00
	

	The Bank of Tokyo-Mitsubish UFJ, Ltd.
	

	$32,430,000.00
	

	PNC Bank, National Association
	

	$32,430,000.00
	

	SunTrust Bank
	

	$32,430,000.00
	

	TD Bank, N.A.
	

	$32,430,000.00
	

	Wells Fargo Bank, National Association
	

	$32,430,000.00
	

	Capital One National Association
	

	$24,322,500.00
	

	Credit Suisse AG, Cayman Islands Branch
	

	$25,000,000.00
	

	Industrial and Commercial Bank of China Ltd., New York Branch
	

	$24,322,500.00
	

	U.S. Bank National Association
	

	$21,079,500.00
	

	Barclays Bank PLC
	

	$50,000,000.00
	

	Synovus Bank
	

	$4,904,694.00
	

	First Commonwealth Bank
	

	$6,484,000.00
	

	Banco de Sabadell, S.A. Miami Branch
	

	$3,680,000.00
	

	Stifel Bank and Trust
	

	$4,081,632.65
	

	American Savings Bank FSB
	

	$4,081,632.65
	

	TOTAL:
	

	$500,000,000.00
	

SCHEDULE II

New Refinancing Tranche A Term Loans

	
				
	New Refinancing Tranche A Term Lenders
	New Refinancing Tranche A Term Loan Amount

	Bank of America, N.A.
	

	$6,606,378.85
	

	JPMorgan Chase Bank, N.A.
	

	$41,387,739.33
	

	Sumitomo Mitsui Banking Corporation
	

	$41,387,739.33
	

	Fifth Third Bank
	

	$44,825,000.00
	

	TD Bank, N.A.
	

	$32,927,142.87
	

	PNC Bank, National Association
	

	$58,119,107.14
	

	TOTAL:
	

	$225,253,107.52
	

SCHEDULE III

2016 Supplemental Tranche A Term Loans

	
				
	2016 Supplemental Lenders
	2016 Supplemental Tranche A Term Loan Amount

	Bank of America, N.A.
	

	$34,707,094.30
	

	The Bank of Tokyo-Mitsubish UFJ, Ltd.
	

	$14,629,151.80
	

	SunTrust Bank
	

	$67,570,000.00
	

	Wells Fargo Bank, N.A.
	

	$67,570,000.00
	

	Credit Suisse AG, Cayman Islands Branch
	

	$50,000,000.00
	

	Capital One National Association
	

	$27,050,267.87
	

	Industrial and Commercial Bank of China Limited, New York Branch
	

	$50,677,500.00
	

	U.S. Bank National Association
	

	$43,920,500.00
	

	Peoples United Bank
	

	$14,875,000.00
	

	Synovus Bank
	

	$2,143,948.84
	

	M&T Bank
	

	$6,462,500.00
	

	First Commonwealth Bank
	

	$7,609,191.96
	

	Banco de Sabadell, S.A. Miami Branch
	

	$1,415,000.00
	

	Credit Industriel Et Commercial
	

	$1,887,950.88
	

	Raymond James Bank, N.A.
	

	$15,000,000.00
	

	Trustmark National Bank
	

	$2,659,859.61
	

	Stifel Bank and Trust
	

	$3,874,553.59
	

	State Bank of India, Los Angeles Agency
	

	$10,000,000.00
	

	American Savings Bank FSB
	

	$186.24
	

	California First National Bank
	

	$15,625.00
	

	Capital Bank Corporation
	

	$151,475.09
	

	Bank of East Asia, Limited, Los Angeles Branch
	

	$3,302,013.42
	

	Chang Hwa Commercial Bank, Ltd., Los Angeles Branch
	

	$7,500,000.00
	

	First Midwest Bank
	

	$7,500,000.00
	

	Huntington National Bank
	

	$7,500,000.00
	

	Amalgamated Bank
	

	$5,000,000.00
	

	Mega International Commercial Bank Co., Ltd. Chicago Branch
	

	$1,003,906.26
	

	Cathay Bank
	

	$724,775.14
	

	CTBC Bank Co., Ltd., New York Branch
	

	$2,000,000.00
	

	TOTAL:
	

	$456,750,500.00
	

SCHEDULE IV

New Refinancing Tranche B Term Loans

	
				
	New Refinancing Tranche B Term Lenders
	New Refinancing Tranche B Term Loan Amount

	Bank of America, N.A.
	

	$170,103,581.87
	

	TOTAL:
	

	$170,103,581.87

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