Document:

EX-10.1

 Exhibit 10.1 
  

 
 July 17, 2018 

ViaSat Technologies Limited 

Sanford Lane, Wareham 
 Dorset,
BH20 4DY, England 
 Attention: President 

Viasat, Inc. 
 6155 El Camino
Real 
 Carlsbad, California 92009 

Attention: Shawn Duffy, Chief Financial Officer 
  

	 	Re:	 Fourth Amendment to Credit Agreement (this “Amendment”) 

Ladies and Gentlemen: 

We refer to that certain Credit Agreement, dated as of March 12, 2015, among ViaSat Technologies Limited, a company
incorporated under the laws of England (the “Borrower”), Viasat, Inc., a Delaware corporation (the “Guarantor”), JPMorgan Chase Bank, National Association, a national association organized and existing under the
laws of the United States of America (the “Ex-Im Facility Agent”), and the Export-Import Bank of the United States (“Ex-Im Bank”) (as amended, modified or supplemented from time to time, the “Credit
Agreement”). Capitalized terms used herein and not defined shall have the meanings assigned to them in the Credit Agreement. 

WHEREAS, the Borrower has requested to amend the Credit Agreement in certain respects in accordance with the terms of this
Amendment; and 
 WHEREAS, pursuant to Section 14.08 of the Credit Agreement, Ex-Im Bank has instructed the Ex-Im
Facility Agent to amend the Credit Agreement (for itself and on behalf of Ex-Im Bank) in accordance with the terms of this Amendment. 

NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, the parties hereto agree as
follows: 
 1.    Clause A of Annex F to the Credit Agreement is hereby amended by
inserting the following new defined terms in proper alphabetical order thereto: 
 ““Specified
Insurance Proceeds” means certain insurance proceeds anticipated to be received by the Guarantor and/or the Borrower with respect to the ViaSat-2 satellite.” 

““Temporary Leverage Increase” has the meaning assigned to such term in Clause
C.13.” 

  
 1 

 2.    The definition of “Permitted Acquisition” set
forth in Clause A of Annex F to the Credit Agreement is hereby amended and restated in its entirety to read as follows: 

““Permitted Acquisition” means any Acquisition of another Person that is engaged in, or
of assets relating to, a Permitted Business, provided that: 
 (a)    subject (in
the case of a Limited Condition Transaction) to Clause A.4, no Event of Default shall exist at the time of such Acquisition or would exist immediately after giving effect to such Acquisition; 

(b)    subject (in the case of a Limited Condition Transaction) to Clause A.4, if
the total consideration (whether such consideration is in the form of Equity Interests, cash or otherwise) for such Acquisition exceeds $75,000,000, as determined by the Guarantor in good faith, a Responsible Official shall certify on behalf of the
Guarantor in writing that the Guarantor would have been in compliance with a Total Leverage Ratio not greater than 0.25 to 1.00 less than the then applicable Total Leverage Ratio set forth in Clause C.13, after giving effect to such
Acquisition on a Pro Forma Basis, as of the last day of the period of four (4) Fiscal Quarters most recently ended prior to the date of such Acquisition for which financial statements prepared on a consolidated basis in accordance with GAAP are
available; 
 (c)    if the total consideration (whether such consideration is in the
form of Equity Interests, cash or otherwise) for such Acquisition exceeds $50,000,000, as determined by the Guarantor in good faith, the Guarantor shall use commercially reasonable efforts to provide Ex-Im Bank and the Ex-Im Facility Agent with at
least one (1) week prior written notice of such Acquisition, together with (x) at least one (1) year (or such shorter period in which the target has been in existence) of historical financial information relating to the target and
(y) such other documentation pertaining to the Acquisition, including the purchase agreement and quarterly projections prepared on a Pro Forma Basis, as Ex-Im Bank may reasonably request, in the case of clauses (x) and (y), solely to the
extent reasonably available to the Guarantor; and 
 (d)    subject (in the case of a
Limited Condition Transaction) to Clause A.4, if the Temporary Leverage Increase is applicable at the time of such Acquisition and the Total Leverage Ratio would exceed 4.75 to 1.00, after giving effect to such Acquisition on a Pro Forma
Basis, the aggregate consideration (whether such consideration is in the form of Equity Interests, cash or otherwise), as determined by the Guarantor in good faith, for such Acquisition and any other Acquisitions previously consummated during the
Fiscal Year ending March 31, 2019, shall not exceed $10,000,000 unless otherwise consented to by Ex-Im Bank.” 

3.    Clause C.1 of Annex F to the Credit Agreement is hereby amended and restated in its
entirety to read as follows: 
 “1.    Payment of Subordinated Obligations.
Pay any (a) principal (including sinking fund payments) or any other amount (other than scheduled interest payments) with respect to any Subordinated Obligation, or purchase or redeem (or offer to purchase

  
 2 

 
or redeem) any Subordinated Obligation, or deposit any monies, securities or other Property with any trustee or other Person to provide assurance that the principal or any portion thereof of any
Subordinated Obligation will be paid when due or otherwise to provide for the defeasance of any Subordinated Obligation (unless permitted pursuant to an Affiliate Subordination Agreement), in each case prior to the scheduled maturity thereof or
(b) scheduled interest on any Subordinated Obligation unless the payment thereof is then permitted pursuant to the terms of the indenture or other agreement governing such Subordinated Obligation, in each case, other than (i) in connection
with a refinancing, refunding, renewal, exchange or extension of any such Subordinated Obligation to the extent permitted by Clause C.10(f) hereof or (ii) such payments that are made with the Available Basket Amount so long as both
before and after giving effect to such payment on a Pro Forma Basis, (a) no Potential Default or Event of Default exists or would result therefrom, (b) the Senior Secured Leverage Ratio does not exceed 2.50 to 1.0 and (c) at any time
the Temporary Leverage Increase is applicable, the Total Leverage Ratio does not exceed 4.75 to 1.0.” 

4.    The introductory language to Clause C.6 of Annex F to the Credit Agreement is hereby
amended and restated in its entirety to read as follows: 
 “Make any Distribution, whether from
capital, income or otherwise, and whether in Cash or other Property if immediately before and after giving effect to such Distribution, (x) the Senior Secured Leverage Ratio, calculated on a Pro Forma Basis after giving effect to such
Distribution, exceeds 2.50 to 1.00, (y) at any time the Temporary Leverage Increase is applicable, the Total Leverage Ratio, calculated on a Pro Forma Basis after giving effect to such Distribution, exceeds 4.75 to 1.00 or (z) Liquidity is less
than $50,000,000, except:” 
 5.    Clause C.13 of Annex F to the Credit Agreement is
hereby amended and restated in its entirety to read as follows: 
 “13.    Total
Leverage Ratio. Permit the Total Leverage Ratio as of the last day of any Fiscal Quarter to be greater than 4.50 to 1.00; provided, however, that in the event of (a) any Permitted Acquisition for which the aggregate purchase consideration
exceeds $200,000,000 and/or (b) any Satellite Trigger, the maximum permitted Total Leverage Ratio shall increase to 4.75 to 1.00 for the six consecutive Fiscal Quarter period beginning with the Fiscal Quarter in which each such Permitted
Acquisition or Satellite Trigger occurs, so long as the Guarantor is in compliance on a Pro Forma Basis with this Clause C.13 at such 4.75 to 1.00 level after giving effect to such Permitted Acquisition or Satellite Trigger; provided,
further, that (without limiting the foregoing), during the Fiscal Year ending March 31, 2019 (including, for the avoidance of doubt, the Fiscal Quarter ending on such date), the following increase in such level (the “Temporary Leverage
Increase”) shall apply: the maximum permitted Total Leverage Ratio as of the last day of each such Fiscal Quarter shall be 5.25 to 1.00. Notwithstanding the foregoing, in the event that the Guarantor and/or the Borrower shall receive
Specified Insurance Proceeds in excess of $100,000,000 in the aggregate, the Temporary Leverage Increase shall thereafter be disregarded for all purposes.” 

  
 3 

 6.    The introductory language to Clause C.16 of
Annex F to the Credit Agreement is hereby amended and restated in its entirety to read as follows: 

“Make any Investment if, immediately before and after giving effect to such Investment, (x) the
Senior Secured Leverage Ratio, calculated on a Pro Forma Basis after giving effect to such Investment, exceeds 2.50 to 1.00, (y) at any time the Temporary Leverage Increase is applicable, the Total Leverage Ratio, calculated on a Pro Forma Basis
after giving effect to such Investment, exceeds 4.75 to 1.00 or (z) Liquidity is less than $50,000,000, other than:” 

7.    The Borrower and the Guarantor agree to pay to Ex-Im Bank an amendment fee equal to $79,875.36, and
such fee is due and payable on the date hereof. 
 8.    Except as amended hereby, all of the provisions
of the Credit Agreement and the other Finance Documents shall remain unmodified and in full force and effect except that each reference to the “Agreement” in the Credit Agreement or words of like import in any Finance Document shall mean
and be a reference to the Credit Agreement as amended hereby. Except as expressly set forth herein, the execution, delivery, and performance of this Amendment shall not operate as a waiver of, or as an amendment of, any right, power, or remedy of
Ex-Im Bank or the Ex-Im Bank Facility Agent under the Credit Agreement or any other Finance Document, as in effect prior to the date hereof. 

9.    Each of the Borrower and the Guarantor represents and warrants to Ex-Im Bank and the Ex-Im Bank
Facility Agent that (a) except for representations and warranties which expressly speak as of a particular date or are no longer true and correct as a result of a change which is permitted by the Credit Agreement, the representations and
warranties made by it contained in the Credit Agreement or in any other document or documents relating thereto are true and correct in all material respects (except that any representation and warranty that is qualified by materiality shall be true
and correct in all respects) on and as of the date hereof as though made on the date hereof, and all such representations and warranties shall survive the execution and delivery of this Amendment and (b) no Potential Default or Event of Default
has occurred and is continuing as of the date hereof. 
 10.    The governing law and venue provisions
of Section 12 of the Credit Agreement are incorporated herein by this reference mutatis mutandis. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one instrument. Delivery of an executed counterpart hereof by facsimile or electronic transmission shall be effective as delivery of a manually executed counterpart. Each party shall execute and deliver such further documents, and perform
such further acts, as may be reasonably necessary to achieve the intent of the parties as expressed in this Amendment. 
 [Remainder of
page intentionally left blank.] 

  
 4 

 If you are in agreement with the foregoing, please execute this Amendment in the
space provided below. 
  

			
	 Very truly yours,

	
	JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, as Ex-Im Facility Agent
		
	 By:
	 	 /s/ Lori Helmers

	 Name:
	 	 Lori Helmers

	 Title:
	 	 Executive Director

 Fourth Amendment to Ex-Im Credit Agreement 

 
			
	 VIASAT TECHNOLOGIES LIMITED

		
	 By:
	 	 /s/ Robert Blair

	 Name:
	 	 Robert Blair

	 Title:
	 	 Director and Secretary

	
	 VIASAT, INC.

		
	 By:
	 	 /s/ Shawn Duffy

	 Name:
	 	 Shawn Duffy

	 Title:
	 	Senior Vice President and Chief Financial Officer

  

			
	 ACKNOWLEDGED AND AGREED:

	EXPORT-IMPORT BANK OF THE UNITED STATES

			
		
	 By:
	 	 /s/ Sonia Koshy

	 Name:
	 	 Sonia Koshy

	 Title:
	 	 Managing Director

 Fourth Amendment to Ex-Im Credit AgreementExhibit 10.1

 

 

 

TRANSACTION AGREEMENT

 

On July eighteen (18th), 2018,
appeared, on the one hand ADRIAN SANTIAGO CORAL PANTOJA, of legal age, identified with identity document number 79.601.050
acting on his own representation (hereinafter “The employee”), and on the other hand, JAMES EVANS identified
with Foreigner ID No. 724.447, in his capacity as legal representative of GRAN TIERRA ENERGY COLOMBIA LTD (hereinafter "The
Company" or "Gran Tierra").

 

Using the floor, the appearing parties
jointly stated:

 

		1.	That Mr./Ms ADRIAN SANTIAGO CORAL PANTOJA started working for GRAN TIERRA with a
standard indefinite term contract from August fourth (4th), 2008.

 

		2.	That the last monthly integral salary earned by ADRIAN SANTIAGO CORAL PANTOJA amounted to
FORTY AND EIGHT MILLION SIX HUNDRED SIXTY-SIX THOUSAND SIX HUNDRED SIXTY-SEVEN PESOS LEGAL TENDER ($48.666.667,oo)

 

		3.	That the work contract referred to in numeral one herein, will end, by mutual consent, on July
eighteen (18th) of 2018, pursuant to the faculty set out in letter b) of article 5 of Law 50 of 1990, which Subrogated
Article 61 of the Labor Code, norm and situation that Mr./Ms ADRIAN SANTIAGO CORAL PANTOJA ratifies in this procedure.

 

		4.	Mr./Ms. ADRIAN SANTIAGO CORAL PANTOJA states, free of any constraint and voluntarily that
GRAN TIERRA has paid, according to the law and as agreed between the parties, all salaries, contributions to the social
security system relative to pension, health and occupational risks, social benefits, annual leave, compensatory rest and other
accounts and/or contractual, legal and extralegal benefits to which he/she was entitled, all of the foregoing having been received
at satisfaction by Mr./Ms. ADRIAN SANTIAGO CORAL PANTOJA and additionally points out that GRAN TIERRA made the legal
final settlement of all labor obligations of ADRIAN SANTIAGO CORAL PANTOJA until the date of termination of the work contract,
which is realized at entire satisfaction by the employee and will be paid under the conditions established herein, totally and
timely at entire satisfaction.

 

 

  

     

     

    

 

		5.	Notwithstanding the foregoing and in order to prevent any future claim for rights that may be uncertain
and/or controversial, GRAN TIERRA offers to pay and ADRIAN SANTIAGO CORAL PANTOJA accepts to receive an amount of
money to settle any uncertain rights that in the future may be claimed administratively and/or judicially, especially as to the
causes, reasons and way of termination of the employment contract, discussions related to labor stability reinforced by any cause,
reinstatement actions, discussions related to an eventual pre-pensioner status, people protection right actions, administrative,
judicial or extrajudicial claims concerning the type of employment relationship, employer substitution, coexistence or concurrence
of contracts with Gran Tierra or any filial company or branch in Colombia or abroad, or headquarter, situations related to eventual
harassment at work, illness and/or accidents of common and/or occupational origin, and claims for compensation on such accounts,
claims related to salary differences for promotions or temporary assignments to equal or higher rank positions, special privilege
or protection for paternity, modification of contractual terms, functions or place and nature of the payments received. Thus, the
parties, in a free, voluntary manner, have decided to negotiate such eventual differences for any doubtful and arguable right,
the bonus for withdrawal of SIX HUNDRED THOUSAND AMERICAN DOLLARS ($ 600,000, oo USD) payable at the Colombian peso exchange
rate to Colombian peso in force at July eighteen (18th), 2018. ADRIAN SANTIAGO CORAL PANTOJA hereby
declares that this value will be imputable to any possible labor obligation that GRAN TIERRA may end up owing to ADRIAN
SANTIAGO CORAL PANTOJA. Similarly, this transactional amount does not constitute salary for any legal or benefit purpose.

 

		6.	That the summation of the value for legal final settlement of labor obligations and the amount
by way of bonus for withdrawal referred to in the foregoing numeral, less legal and authorized discounts, all of which Mr./Ms.
ADRIAN SANTIAGO CORAL PANTOJA ratifies hereby are detailed in the annex liquidation and will be paid within eight (8) business
days following the date of signing of this document, to Mr/Ms. ADRIAN SANTIAGO CORAL PANTOJA through electronic transfer
to his/her personal bank account registered with the Company. All of the above is accepted by Mr./Ms. ADRIAN SANTIAGO CORAL
PANTOJA at entire satisfaction.

 

		7.	By virtue of this agreement, Mr./Ms. ADRIAN SANTIAGO CORAL PANTOJA declares that GRAN
TIERRA ENERGY COLOMBIA LTD. is clear with respect to any uncertain and disputable work related matters, including eventual
claims related to the causes and reasons that gave rise to the termination of the work contract, as well as any claims related
to the type of contract, compensation and/or transactional sum for any reason, aids, annual leave, social benefits, surcharges
for supplementary work, night, Sunday and holidays work, compensatory rest, coexistence, concurrency and/or continuity of contracts,
employer replacement, reinstatement actions, judicial, extrajudicial or administrative claims and/or people protection right actions,
discussions related to an eventual pre-pensioned status or any type of reinforced job stability, harassment at work, illness and/or
work or common accident and, in general, for any special protection to which he/she may be entitled through legal, jurisprudential
or contractual means, claims for non-contractual benefits, non-contractual bonuses or aids recognized in cash or in kind to Mr./Mrs.
ADRIAN SANTIAGO CORAL PANTOJA, as well as eventual differences on their salary incidence and on the benefit factor and eventual
risk for late compensation.

 

     

     

    

 

		8.	Imputability: It is expressly agreed that the sums received by Mr. Ms. ADRIAN SANTIAGO CORAL
PANTOJA in this procedure will be charged in any event to any sum that GRAN TIERRA ENERGY COLOMBIA LTD. ends up owing
to ADRIAN SANTIAGO CORAL PANTOJA with respect the working relationship they had.

 

		9.	The parties hereby declare that this document is the result of the free will of the parties and
that it is signed in full and absolute exercise of their legal powers, without there being any defect of consent.

 

		10.	This agreement becomes res judicata by virtue of article 15 of the LSC as well as article 2483
et seq. of the Civil Code.

 

 

	THE FORMER EMPLOYEE	 	 
	 	 	 
	 	/s/ Adrian Santiago Coral Pantoja
	 	ADRIAN SANTIAGO CORAL PANTOJA
	 	C.C. No.  79.413.444	 
	 	 	 
	 	 	 
	THE FORMER EMPLOYER	 	 
	 	 	 
	 	/s/ James Evans	 
	 	JAMES EVANS	 
	 	C.E. No. 724.447	 
	 	 	 
	 	 	 
	WITNESSES 	 	 
	 	/s/ Karol Barrera	 
	 	 	 
	 	 	 
	 	/s/ Fabian Segura

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00285-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00285-of-00352.parquet"}]]