Document:

exh_49.htm

EXHIBIT 4.9

  

SECOND ADDENDUM TO CORPORATE SERVICES MASTER AGREEMENT

 

 

Made in the City of Buenos Aires, on this 24th day of February of 2014, by and among:

 

(i) CRESUD S.A.C.I.F. y A., domiciled at Moreno No. 877, 23rd Floor, City of Buenos Aires, represented hereat by the undersigned attorneys-in-fact (hereinafter “CRESUD”) for the first part;

 

(ii) Alto Palermo S.A. (APSA), domiciled at Moreno No. 877, 21st Floor, City of Buenos Aires, represented hereat by the undersigned attorneys-in-fact (hereinafter “APSA”), for the second part; and

 

(iii) IRSA Inversiones y Representaciones Sociedad Anónima, domiciled at Bolívar No. 108, 1st Floor, City of Buenos Aires, and setting up domicile for purposes of this agreement at Moreno No. 877, 22nd Floor, City of Buenos Aires, represented hereat by the undersigned attorneys-in-fact, for the third part (hereinafter “IRSA”, and collectively with CRESUD and APSA hereinafter referred to as the “Parties”, and each of them individually as a “Party”).

 

WHEREAS:

(i) On June 30, 2004, the Parties executed a Master Agreement for the Exchange of Corporate Services (hereinafter the “Master Agreement”), whereby the administrative and financial features and guidelines for implementing the supply of Corporate Services were established, for purposes of reducing fixed costs arising from the Parties’ activities and diminishing their impact on operating results, taking advantage of the individual efficiencies of each of them in the various operating management areas;

(ii) The Parties engaged Deloitte & Co. S.R.L. (hereinafter “Deloitte”) for it to review and assess semi-annually the criteria used in the Corporate Services settlement process and the Cost Distribution Bases and supporting documents used in the above mentioned process and prepare a semi-annual report;

(iii) Due to the experience gained as a result of the implementation of the Master Agreement based on an Implementation Manual prepared by Deloitte, certain operational changes to the Areas of Exchange of Corporate Services and Cost Distribution Bases have been implemented since January 2005;

(iv) Such operational changes were acknowledged by the Parties through the execution of six agreements for the implementation of amendments dated August 23, 2007, August 14, 2008, November 27, 2009, July 11, 2011, October 15, 2012 and November 12, 2013, respectively (the “Agreements”);

 

  

1

  

(v) On March 12, 2010, the Parties executed an Addendum to the Master Agreement (hereinafter, the “Addendum”) whereby the Parties agreed to unify in CRESUD the services of the Areas of Exchange of Corporate Services, for which purpose they transferred the employement agreements of most employees from such areas and a procedure was established to allocate the hypothetical labor costs resulting from outgoing employees;

 

(vi) In view of the fact that the Parties are going through the structuring of a new organizational model for the division of business areas, it is deemed advisable that within the scope of the Master Agreement and the Agreements, the services related to the Technical, Infrastructure and Services, Purchases, Architecture and Design, and Development and Works, Real Estate Business Management, Real Estate Business HHRR, Safety and Real Estate (the “Transfer Areas”), all of which are related to the real estate business, should be directly provided by IRSA and/or APSA, to which end the employment agreements of the employees rendering such services were transferred;

 

(vii) The new organizational model is intended to provide for increased independence and specialization on a business basis, developing deeper identification of the employees with the company for which they provide services and hence creating more commitment on the part of the employees;

 

(viii) As the terms of the Addendum provided that all employees assigned by any of the Parties in the future would be subject to the methology set forth therein, the Parties deem it suitable to enter into this Second Addendum to the Corporate Services Master Agreement (the “Second Addendum”) so as to establish the mechanisms to be used in allocating the expenses related to the hypothetical labor costs that could arise from the termination of employees or other costs whose origin or accrual shall have occurred or shall occur before or after the assignment referred to above;

 

(ix) Notwithstanding the provisions of the Addendum and the Second Addendum, the Parties keep the areas that group together the know-how of the business of each of them unchanged;

 

(x) Each of the Parties has submitted the contents of the Second Addendum to their respective Audit Committees for review, which have raised no objections to it; and

 

(xi) In addition, the Board of Directors of each of the Parties has approved this Second Addendum at the meeting held on February 21, 2014.

 

NOW, THEREFORE, the Parties agree to enter into this Second Addendum, to be governed by the following clauses:

 

  

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ONE: The Exhibit attached to this Second Addendum includes a list of the personnel serving in the Transfer Areas to be transferred from CRESUD to IRSA and/or to APSA effective as of January 1, 2014. The allocation of their salaries and labor costs shall continue to be distributed as set forth in the Master Agreement and the Agreements. The Exhibit sets forth the length of service of corporate employees, their original employers, their employers as of the date of execution of this document, and the corporate sector where they serve.

 

TWO: The Parties agree to perform the following obligations as an immediate consequence of the execution of this Second Addendum:

	
  

	
(a)

	
In the event of termination of or if a claim is filed by any employee whose employment agreement was transferred, the Parties shall identify its origin or subject matter;

	
  

	
(b)

	
The Parties shall identify the origin or accrual of the termination or hypothetical right, so as to determine the financial liability of each Party;

	
  

	
(c)

	
The Parties promise to indemnify APSA and/or IRSA, as applicable, to such extent as appropriate, for the expenses and disbursements arising from claims made by the transferred employees listed in the Exhibit.

 

THREE: The expenses mentioned in paragraph (c) above include: 

	
  

	
(a)

	
Any salary and/or indemnification and/or social security item, claim or hypothetical concept, including: outstanding wages, if any, salary differences, statutory annual benefit, vacation pay, any kind of commissions, overtime, as well as any bonuses, rewards and/or reimbursements and any indemnification amounts that could arise from Section 212 of the Employment Contract Law, Section 1113 of the Civil Code, damages and/or pain and suffering or damages under Occupational Accidents Laws No. 24,028 and 24,557, as amended, -if applicable-, for which APSA, IRSA and/or CRESUD could be liable, as well as any other amount originated in the employment relationship that is being terminated, whatever its origin may be, as well as any other mechanism or institute related to the employee’s performance during their relationship with CRESUD, irrespective of the regulatory source that created them; and

	
  

	
(b)

	
professional fees and expenses incurred in the defense of the interests of the Party(ies), whether originated in claims filed by employees or third parties.

 

FOUR: The Parties agree that all costs associated to the employees who join the Transfer Areas or who, in spite of working in other Areas, are assigned by any of the Parties in the future within the scope of implementation of the new organizational structure, shall be governed by the method contemplated herein.

 

FIVE: The Corporate Human Resources Department shall be responsible for determining the amounts or percentages to be borne by each Party, based on each employee’s periods of service and taking into account the origin of each termination or the cause of each claim. At the closing of each year the above mentioned Department shall submit a report to an assessment committee (the “Assessment Committee”) containing a detail of all cases of termination that involve the employees listed in the Exhibit. The Assessment Committee shall be composed of the Individual In-charges of each of the Parties previously appointed and shall validate the adequate allocation of expenses made by the Corporate Human Resources Department. Any decisions taken by the Assessment Committee shall be adopted by simple majority and shall not be subject to appeal.

 

  

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SIX: The Parties agree that for purposes of facilitating the implementation hereof among them, within five days before the closing of each calendar month APSA and/or IRSA, as applicable, shall make a pro-forma settlement of the costs to be paid by each of the Parties at the end of the month. Based on such settlement, APSA and/or IRSA shall invoice to APSA, IRSA and/or CRESUD a sum of money calculated on the basis of the costs paid in such month. APSA and IRSA promise to render a monthly account by delivering: (i) a detail of the differences between the pro-forma settlement and the final account resulting from the payments made; and (ii) a detail of the use of proceeds to each of the Parties, for purposes of computing the payments to be made pursuant to Section 5 of the Master Agreement.

SEVEN: The Parties agree that all the clauses and exhibits of the Master Agreement, the Addendum and the Agreements are in force, and that this Second Addendum does not amend any of their clauses.

EIGHT: The Parties agree that all capitalized terms not defined in this Second Addendum shall have the meanings assigned to them in the Master Agreement, the Addendum and the Agreements.

NINE: All the counterparts of this Second Addendum and its Exhibit, once signed by the Parties, shall be regarded as original counterparts to all effects.

TEN: If any of the clauses or provisions of this Second Addendum were invalid, unenforceable, ineffective or illegal, such invalidity, unenforceability, ineffectiveness or illegality shall not affect the validity of this Second Addendum, and its remaining provisions shall remain in force.

ELEVEN: This Second Addendum shall be governed by and interpreted in accordance with the laws of the Republic of Argentina.

TWELVE: Any disputes arising from or related to the execution, interpretation or enforcement of this Second Addendum shall be negotiated by the Parties in good faith. The negotiation stage having been exhausted, at the request of any of the Parties the dispute shall be settled by the Arbitration Court of the Buenos Aires Stock Exchange, or any such court as may replace it in the future, which shall act in accordance with the rules of arbitration of law, and whose decision shall be final and not subject to appeal.

THIRTEEN: The Parties have drafted this Second Addendum jointly; therefore, in case of ambiguity or any other circumstance that requires an interpretation of its terms, no presumption arising from the authorship of this Second Addendum shall favor or prejudice any of the Parties.

FOURTEEN: Except as otherwise clearly arising from the text of this Second Addendum, it shall be understood that: (i) any references to the singular form include the plural, and vice versa; (ii) any references to the masculine gender include the feminine gender, and vice versa; (iii) any references to a given legislation include the regulations or supplementary statutes issued under the referred legislation; and (iv) the word “including” or similar terms imply a mere explicatory or illustrative enumeration.

 

In witness whereof, three (3) identical counterparts are signed to a single effect in the place and on the date first above written.

 

  

4

  

CRESUD S.A.C.I.F.y A. 

 

 

-------------------/ 

Attorneys-at-law 

 

 

IRSA Inversiones y Representaciones Sociedad Anónima 

 

 

-------------------/ 

Attorneys-at-law 

 

 

Alto Palermo S.A. (APSA) 

 

 

 

------------------/ 

Attorneys-at-law

 

 

 

5EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
 AMENDMENT
NO. 2 TO CREDIT AGREEMENT 
 This Amendment No. 2 to Credit Agreement (this “Amendment”) is entered into as of
August 20, 2014 by and among Fortune Brands Home & Security, Inc., a Delaware corporation (the “Borrower”), JPMorgan Chase Bank, N.A., individually and as administrative agent (the “Administrative
Agent”), and the other financial institutions signatory hereto. Unless otherwise specified herein, capitalized terms used in this Amendment shall have the meanings ascribed to them in the Credit Agreement (as defined below), and
Section 1.03 of the Credit Agreement shall apply to this Amendment. 
 RECITALS 

A. The Borrower, the Administrative Agent and the other financial institutions signatory thereto are party to that certain Credit Agreement
dated as of August 22, 2011 (as previously amended by Amendment No. 1 dated as of July 23, 2013, the “Credit Agreement”). 

B. The Borrower, the Administrative Agent and the undersigned Lenders wish to amend the Credit Agreement on the terms and conditions set forth
below. 
 C. The Borrower has requested, and certain of the Lenders (as identified on Exhibit B hereto, the “Increasing
Lenders”) are willing to make available to the Borrower, additional Revolving Commitments and Term Commitments pursuant to Section 2.09(d) of the Credit Agreement on the terms and conditions set forth herein. 

Now, therefore, in consideration of the mutual execution hereof and other good and valuable consideration, the parties hereto agree as
follows: 
 1. Amendment to Credit Agreement. Upon the Effective Date (as defined in Section 4 below), the Credit Agreement
shall be amended as follows: 
 (a) The second sentence of the definition of “Revolving Commitment” contained in
Section 1.01 of the Credit Agreement shall be amended and restated in its entirety to read as follows: 
 The amount of each Revolving
Lender’s Revolving Commitment as of the Amendment No. 2 Date after giving effect to Amendment No. 2 is set forth on Schedule 2.01. 

(b) The second sentence of the definition of “Term Commitment” contained in Section 1.01 of the Credit Agreement
shall be amended and restated in its entirety to read as follows: 
 The amount of each Term Lender’s Term Commitment as of the
Amendment No. 2 Date is set forth on Schedule 2.01. 
 (c) Section 1.01 of the Credit Agreement shall be amended by
adding the following new definitions in the appropriate alphabetical order: 
 “Amendment No. 2” means
that certain Amendment No. 2 to Credit Agreement dated as of August 20, 2014 by and among the Borrower, the Administrative Agent and the Lenders signatory thereto. 

 “Amendment No. 2 Date” means August 20, 2014, the
“Effective Date” as defined in Amendment No. 2. 
 “Incremental Term Loan” means a Term Loan
made pursuant to Section 2.09(d). 
 (d) Section 2.09(d) of the Credit Agreement shall be amended by replacing the
reference to “$500,000,000” in the first sentence thereof with a reference to “$1,000,000,000” and adding the following sentence at the end of such section: 

The parties acknowledge that the $325,000,000 of incremental Revolving Commitments and $175,000,000 of incremental Term Commitments made
available to the Borrower pursuant to Amendment No. 2 constitute a utilization of the incremental availability contemplated by this Section 2.09(d) such that, after giving effect thereto, the aggregate amount of incremental Revolving
Commitments and/or Term Commitments which may be sought or obtained pursuant to this Section 2.09(d) after the Amendment No. 2 Date may not exceed $500,000,000. 

(e) The Term Loan amortization schedule set forth in Section 2.10(a) of the Credit Agreement shall be deleted and replaced
with the following: 
  

			
	 Payment Date
	    	 Amount

		
	First Anniversary of the Amendment No. 1 Date	    	0% of Term Loan principal amount as of the Amendment No. 1 Date
		
	Second Anniversary of the Amendment No. 1 Date	    	5% of Term Loan principal amount as of the Amendment No. 1 Date plus 5% of the initial principal amount of each Incremental Term Loan made after the Amendment No. 1 Date
		
	Third Anniversary of the Amendment No. 1 Date	    	10% of Term Loan principal amount as of the Amendment No. 1 Date plus 10% of the initial principal amount of each Incremental Term Loan made after the Amendment No. 1 Date
		
	Fourth Anniversary of the Amendment No. 1 Date	    	10% of Term Loan principal amount as of the Amendment No. 1 Date plus 10% of the initial principal amount of each Incremental Term Loan made after the Amendment No. 1 Date
		
	Term Maturity Date	    	Aggregate unpaid principal amount of Term Loans

 (f) Schedule 2.01 of the Credit Agreement shall be deleted and replaced with the form of
Schedule 2.01 attached hereto as Exhibit A. 

  
 -2- 

 2. Term Loans. 

(a) Subject to the terms and conditions set forth herein, each Increasing Lender severally agrees to make a Term Loan to the Borrower on the
Effective Date in a principal amount equal to the amount set forth opposite its name on such Exhibit B under the heading “Incremental Term Commitment”. 

(b) (i) Each Term Loan made pursuant to Section 2(a) of this Amendment shall be made as part of a Term Borrowing which is a Eurodollar
Borrowing with an initial Interest Period of one month. At the time of such Term Borrowing pursuant to Section 2(a) of this Amendment, the Interest Period applicable to all previously made Term Loans which are outstanding shall be terminated
and such Term Loans shall be continued for such one month Interest Period. 
 (ii) The failure of any Increasing Lender to make any Term
Loan required to be made by it pursuant to such Section 2(a) shall not relieve any other Increasing Lender of its obligations hereunder; provided, that the Term Commitments of the Increasing Lenders are several and no Increasing Lender
shall be responsible for any other Increasing Lender’s failure to make a Term Loan as required hereunder. 
 (iii) Each Term Loan made
pursuant to Section 2(a) of this Amendment shall constitute a Term Loan for purposes of the Credit Agreement from and after the Effective Date and rank pari passu in all respects with all other Term Loans, regardless of when made. 

(iv) Sections 2.03 and 2.07 of the Credit Agreement shall apply to and govern the Term Loans made under Section 2(a) of this Amendment
on the Effective Date. 
 (v) No amount of any Term Loan made under Section 2(a) of this Amendment which is repaid or prepaid by the
Borrower may be reborrowed. 
 (c) On the Effective Date, the Risk Participation (as defined below) of each Revolving Lender with a
Revolving Commitment, shall be transferred and assumed by the Increasing Lenders with a Revolving Commitment on a pro rata basis in accordance with their respective Revolving Commitments under the Credit Agreement after giving effect to this
Amendment, such that all such Revolving Credit Exposure will be held ratably by the Revolving Lenders on a pro rata basis in accordance with their respective Revolving Commitments under 

  
 -3- 

 
the Credit Agreement after giving effect to this Amendment. “Risk Participation” means, at any date, the aggregate amount of funded and unfunded obligations of any Lender to
purchase participations from or make payments for the account of the Swingline Lender pursuant to Section 2.05(c) of the Credit Agreement and any Issuing Bank pursuant to Section 2.06(d) of the Credit Agreement. 

(d) The Term Commitments corresponding to the Term Loans to be made pursuant to Section 2(a) of this Amendment on the Effective Date
(i) shall terminate upon the making of such Term Loans on the Effective Date and (ii) shall not be considered a Term Commitment for purposes of Section 2.12(a) of the Credit Agreement. 

(e) Each Lender party hereto hereby waives any entitlement under Section 2.16 of the Credit Agreement to any and all amounts which would
otherwise have been payable thereunder in respect of the consummation on the Effective Date of the transactions contemplated hereby. 
 3.
Representations and Warranties of the Borrower. The Borrower represents and warrants that as of the Effective Date: 
 (a) The
execution, delivery and performance by the Borrower of this Amendment have been duly authorized by all necessary corporate action (and, if required, stockholder action) and this Amendment is a legal, valid and binding obligation of the Borrower
enforceable against the Borrower in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless
of whether considered in a proceeding in equity or at law; 
 (b) Each of the representations and warranties contained in the Credit
Agreement (after giving effect to this Amendment and treating this Amendment as a Credit Document for purposes thereof) is true and correct in all material respects (but in all respects if such representation or warranty is qualified by
“material” or “Material Adverse Effect”) on and as of the Effective Date as if made on such date, or to the extent such representations and warranties expressly relate to an earlier date, on and as of such earlier date; provided,
however, that for purposes of the foregoing (i) the reference in Section 3.04(b) of the Credit Agreement to “December 31, 2012” shall be deemed a reference to “December 31, 2013” and (ii) the reference in the
definition of “Disclosed Matters” to “Amendment No.1 Date” shall be deemed a reference to “Amendment No. 2 Date”; and 

(c) No Default has occurred and is continuing. 

4. Effective Date. This Amendment shall become effective on the date and at the time (the “Effective Date”) upon which
all of the following conditions have been satisfied: 
 (a) the execution and delivery of this Amendment by the Borrower, the
Administrative Agent, the Required Lenders and the Increasing Lenders; 
 (b) the Administrative Agent (or its counsel) shall have received
copies of (i) a certificate of the Secretary or Assistant Secretary of the Borrower, dated the 

  
 -4- 

 
Effective Date, (A) certifying resolutions of the Borrower’s board of directors authorizing the transactions contemplated hereunder and (B) attaching the Borrower’s
certificate of incorporation (certified as of a recent date by the Delaware Secretary of State) and bylaws and certifying that the foregoing are in full force and effect as of the Amendment No. 2 Date, and (ii) a certificate of good
standing of the Borrower, as of a recent date, from the Secretary of State of Delaware; 
 (c) the Administrative Agent (or its counsel)
shall have received a certificate of a Financial Officer of the Borrower dated the Effective Date, certifying that (i) the representations and warranties of the Borrower set forth in the Credit Agreement (after giving effect to this Amendment
and treating this Amendment as a Credit Document for purposes thereof) are true and correct in all material respects (but in all respects if such representation or warranty is qualified by “material” or “Material Adverse Effect”)
on and as of the Effective Date, or to the extent such representations and warranties expressly relate to an earlier date, on and as of such earlier date; provided, however, that for purposes of the foregoing (i) the reference in
Section 3.04(b) of the Credit Agreement to “December 31, 2012” shall be deemed a reference to “December 31, 2013” and (ii) the reference in the definition of “Disclosed Matters” to “Amendment No.1
Date” shall be deemed a reference to “Amendment No. 2 Date”; and (ii) no Default has occurred or is continuing; 

(d) the Administrative Agent shall have received a favorable written opinion (addressed to the Administrative Agent and the Lenders and dated
the Effective Date) of Chadbourne & Parke LLP, counsel for the Borrower, in form and substance reasonably satisfactory to the Administrative Agent and covering such matters relating to the Borrower, this Amendment and the Credit Agreement
as amended hereby as the Administrative Agent shall reasonably request. The Borrower hereby requests such counsel to deliver such opinion. 

(e) the Administrative Agent shall have received evidence satisfactory to it that substantially concurrently with the effectiveness of this
Amendment the Borrower is paying all accrued interest and fees owing pursuant to the Credit Agreement and the principal amount of all outstanding Revolving Loans, it being understood that any such payments may be made out of the proceeds of loans
made on the Effective Date; 
 (f) the Increasing Lenders, the Administrative Agent and the Lead Arrangers shall have received all fees
required to be paid, and all expenses for which invoices have been presented at least one (1) Business Day before the Effective Date, on or before the Effective Date; 

(g) each Increasing Lender shall have received from the Borrower any promissory notes requested (to the extent requested at least 1 day prior
to the Effective Date) pursuant to, and in accordance with, Section 2.10(e) of the Credit Agreement; and 
 (h) the Administrative
Agent (or its counsel) shall have received, in form and substance satisfactory to it, such additional certificates, documents and other information as the Administrative Agent shall reasonably require. 

  
 -5- 

 In the event the Effective Date has not occurred on or before September 30, 2014, this Amendment shall not
become operative and shall be of no force or effect. 
 5. Reference to and Effect Upon the Credit Agreement; Other. 

(a) Except as specifically amended above, the Credit Agreement and the other Credit Documents shall remain in full force and effect and are
hereby ratified and confirmed, as amended. Each party to the Credit Documents shall hereafter have and perform the obligations, and be entitled to the rights and remedies, applicable to it pursuant to the terms and conditions of the Credit Documents
as amended hereby. 
 (b) The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or
remedy of the Administrative Agent or any Lender under the Credit Agreement or any Credit Document, nor constitute a waiver of any provision of the Credit Agreement or any Credit Document, except as specifically set forth herein. Upon the
effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of similar import shall mean and be a reference to the Credit Agreement as
amended hereby. 
 (c) The parties hereto acknowledge and agree that (i) this Amendment does not constitute a novation, payment and
reborrowing or termination of the Obligations under the Credit Agreement and the other Credit Documents as in effect prior to the Effective Date, and (ii) such Obligations are in all respects continuing with only the terms being modified as
provided in this Amendment. 
 (d) The parties agree that (i) the execution and delivery hereof and the satisfaction of the conditions
to effectiveness set forth in Section 4 above shall be deemed to satisfy the conditions set forth in Section 2.09(d) of the Credit Agreement with respect to the incremental Revolving Commitments and incremental Term Commitments
contemplated hereby and (ii) the incremental Commitments and Term Loans extended pursuant to this Amendment shall be deemed extended pursuant to and in compliance with such Section. 

(e) The parties hereto acknowledge and agree that this Amendment is a Credit Document. 

6. Costs and Expenses. The Borrower hereby affirms its obligation under Section 9.03 of the Credit Agreement to reimburse the
Administrative Agent for all reasonable out-of-pocket expenses incurred by the Administrative Agent in connection with the preparation, negotiation, execution and delivery of this Amendment, including but not limited to the reasonable fees, charges
and disbursements of a single counsel for the Administrative Agent with respect thereto. 
 7. Governing Law. This Amendment shall be
construed in accordance with and governed by the laws of the State of New York. 
 8. Headings. Section headings in this Amendment
are included herein for convenience of reference only and shall not constitute a part of this Amendment for any other purposes. 

  
 -6- 

 9. Counterparts. This Amendment may be executed in any number of counterparts, each of
which when so executed shall be deemed an original but all such counterparts shall constitute one and the same instrument. Delivery of an executed signature page of this Amendment by facsimile transmission or electronic mail shall be effective as
delivery of manually executed counterpart hereof. 
 [Signature Pages Follow] 

  
 -7- 

 IN WITNESS WHEREOF, the parties have executed this Amendment as of the date and year first above
written. 
  

			
	FORTUNE BRANDS HOME & SECURITY, INC., as Borrower
		
	By	 	 /s/ Matthew C. Lenz

	Name:	 	Matthew C. Lenz
	Title:	 	VP & Treasurer

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	JPMORGAN CHASE BANK, N.A., individually and as Administrative Agent
		
	By	 	 /s/ Peter S. Predun

	Name:	 	Peter S. Predun
	Title:	 	Executive Director

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	BANK OF AMERICA N.A., as a Lender
		
	By  	 	 /s/ David Catherall

	Name:	 	David Catherall
	Title:	 	Managing Director

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	BARCLAYS BANK PLC, as a Lender
		
	By 	 	 /s/ Christopher R. Lee

	Name:	 	Christopher R. Lee
	Title:	 	Assistant Vice President

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	CITIBANK, N.A., as a Lender
		
	By 	 	 /s/ Lisa Huang

	Name:	 	Lisa Huang
	Title:	 	Attorney-in-Fact

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	 Credit Suisse AG, Cayman Islands Branch, as a

Lender

		
	By 	 	 /s/ Alain Daoust

	Name:	 	Alain Daoust
	Title:	 	Authorized signatory
		
	By 	 	 /s/ Michael Spaight

	Name:	 	Michael Spaight
	Title	 	Authorized signatory

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	WELLS FARGO BANK, N.A., as a Lender
		
	By	 	 /s/ Charles Reed

	Name:	 	Charles Reed
	Title:	 	Managing Director

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	MIZUHO BANK, LTD., as a Lender
		
	By	 	 /s/ David Lim

	Name:	 	David Lim
	Title:	 	Authorized Signatory

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	SUNTRUST BANK, as a Lender
		
	By	 	 /s/ Vinay Desai

	Name:	 	Vinay Desai
	Title:	 	Vice President

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	U.S. Bank National Association, as a Lender
		
	By	 	 /s/ James DeVries

	Name:	 	James DeVries
	Title:	 	Senior Vice President

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	The Bank of Tokyo Mitsubishi UFJ, Ltd. as a Lender
		
	By	 	 /s/ Thomas Danielson

	Name:	 	Thomas Danielson
	Title:	 	Authorized Signatory

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	COMPASS BANK, as a Lender
		
	By:	 	 /s/ Khoa Duong

	Name:	 	Khoa Duong
	Title:	 	Vice President

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender
		
	By	 	 /s/ Lisa Garling

	Name:	 	Lisa Garling
	Title:	 	Vice President

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	THE BANK OF NOVA SCOTIA, as a Lender
		
	By	 	 /s/ Laura Gimena

	Name:	 	Laura Gimena
	Title:	 	Director
		
	By	 	 /s/ Juan Pablo Jimenez

	Name:	 	Juan Pablo Jimenez
	Title:	 	Associate Director

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	PNC BANK, NATIONAL ASSOCIATION, as a Lender
		
	By	 	 /s/ W.J. Bowne

	Name:	 	W.J. Bowne
	Title:	 	Senior Vice President

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	HSBC Bank USA, N.A., as a Lender
		
	By	 	 /s/ Meredith Philips

	Name:	 	Meredith Philips
	Title:	 	Assistant Vice President

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 
			
	The Northern Trust Company, as a Lender
		
	By	 	 /s/ Joshua Metcalf

	Name:	 	Joshua Metcalf
	Title:	 	Officer

  
 [Signature Page to
Amendment No. 2 to Credit Agreement] 

 EXHIBIT A 

Schedule 2.01 

Commitments 
  

													
	 Lender
	  	Revolving
Commitment	 	  	Term
Commitment1	 	  	Total
Commitment	 
	 JPMorgan Chase Bank, N.A.
	  	$	80,925,000	  	  	$	43,575,000	  	  	$	124,500,000	  
	 Bank of America, N.A.
	  	$	80,925,000	  	  	$	43,575,000	  	  	$	124,500,000	  
	 Barclays Bank PLC
	  	$	80,925,000	  	  	$	13,825,000	  	  	$	94,750,000	  
	 Citibank, N.A.
	  	$	80,925,000	  	  	$	43,575,000	  	  	$	124,500,000	  
	 Credit Suisse AG
	  	$	80,925,000	  	  	$	43,575,000	  	  	$	124,500,000	  
	 Wells Fargo Bank, N.A.
	  	$	80,925,000	  	  	$	43,575,000	  	  	$	124,500,000	  
	 Mizuho Bank, Ltd.
	  	$	58,500,000	  	  	$	31,500,000	  	  	$	90,000,000	  
	 SunTrust Bank
	  	$	58,500,000	  	  	$	31,500,000	  	  	$	90,000,000	  
	 U.S. Bank National Association
	  	$	58,500,000	  	  	$	31,500,000	  	  	$	90,000,000	  
	 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	  	$	52,000,000	  	  	$	42,750,000	  	  	$	94,750,000	  
	 Compass Bank
	  	$	52,000,000	  	  	$	43,000,000	  	  	$	95,000,000	  
	 Citizens Bank, National Association
	  	$	52,000,000	  	  	$	28,000,000	  	  	$	80,000,000	  
	 The Bank of Nova Scotia
	  	$	43,875,000	  	  	$	23,625,000	  	  	$	67,500,000	  
	 PNC Bank, National Association
	  	$	43,875,000	  	  	$	23,625,000	  	  	$	67,500,000	  
	 HSBC Bank USA, N.A.
	  	$	35,100,000	  	  	$	18,900,000	  	  	$	54,000,000	  
	 The Northern Trust Company
	  	$	35,100,000	  	  	$	18,900,000	  	  	$	54,000,000	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 TOTAL
	  	$	975,000,000	  	  	$	525,000,000	  	  	$	1,500,000,000	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

  

	1 	Notwithstanding anything in the Credit Agreement to the contrary, (a) amounts on this schedule under the heading “Term Commitment” shall represent, for each Lender, the outstanding amount of such
Lender’s Term Loan on the Amendment No. 2 Date after giving effect to the Term Loans contemplated by Amendment No. 2 and (b) immediately after the making of such Term Loans on the Amendment No. 2 Date, the amount of unfunded
Term Commitments will be zero. 

 EXHIBIT B 

Incremental Amendment No. 2 Commitments2 

 

													
	 Lender
	  	Incremental
Revolving
Commitment	 	  	Incremental
Term
Commitment	 	  	Total
Incremental
Commitment	 
	 JPMorgan Chase Bank, N.A.
	  	$	25,675,000	  	  	$	13,825,000	  	  	$	39,500,000	  
	 Bank of America, N.A.
	  	$	25,675,000	  	  	$	13,825,000	  	  	$	39,500,000	  
	 Barclays Bank PLC
	  	$	25,675,000	  	  	$	13,825,000	  	  	$	39,500,000	  
	 Citibank, N.A.
	  	$	25,675,000	  	  	$	13,825,000	  	  	$	39,500,000	  
	 Credit Suisse AG
	  	$	25,675,000	  	  	$	13,825,000	  	  	$	39,500,000	  
	 Wells Fargo Bank, N.A.
	  	$	25,675,000	  	  	$	13,825,000	  	  	$	39,500,000	  
	 Mizuho Bank, Ltd.
	  	$	19,500,000	  	  	$	10,500,000	  	  	$	30,000,000	  
	 SunTrust Bank
	  	$	19,500,000	  	  	$	10,500,000	  	  	$	30,000,000	  
	 U.S. Bank National Association
	  	$	19,500,000	  	  	$	10,500,000	  	  	$	30,000,000	  
	 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	  	$	19,500,000	  	  	$	10,500,000	  	  	$	30,000,000	  
	 Compass Bank
	  	$	19,500,000	  	  	$	10,500,000	  	  	$	30,000,000	  
	 Citizens Bank, National Association
	  	$	19,500,000	  	  	$	10,500,000	  	  	$	30,000,000	  
	 The Bank of Nova Scotia
	  	$	14,625,000	  	  	$	7,875,000	  	  	$	22,500,000	  
	 PNC Bank, National Association
	  	$	14,625,000	  	  	$	7,875,000	  	  	$	22,500,000	  
	 HSBC Bank USA, N.A.
	  	$	12,350,000	  	  	$	6,650,000	  	  	$	19,000,000	  
	 The Northern Trust Company
	  	$	12,350,000	  	  	$	6,650,000	  	  	$	19,000,000	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 TOTAL
	  	$	325,000,000	  	  	$	175,000,000	  	  	$	500,000,000	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

  

	2 	Lenders identified herein as having an Incremental Revolving Commitment and/or an Incremental Term Commitment are “Increasing Lenders”.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00236-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00236-of-00352.parquet"}]]