Document:

Joinder Agreement, dated as of August 26, 2011, to the Credit Agreement

 Exhibit 10(p)(6) 

JOINDER AGREEMENT 
 JOINDER AGREEMENT dated as of August 26, 2011 by the undersigned, Montana Logos, LLC, a Montana limited liability company (the “Additional Subsidiary Guarantor”), in favor of
JPMorgan Chase Bank, N.A., as administrative agent for the Lenders party to the Credit Agreement referred to below (in such capacity, together with its successors in such capacity, the “Administrative Agent”). 

Lamar Media Corp., a Delaware corporation (the “Company”), the Subsidiary Borrower that may be or may become a party
thereto (the “Subsidiary Borrower” and together with the Company, the “Borrowers”) and certain of its subsidiaries (collectively, the “Existing Subsidiary Guarantors” and, together with the
Borrowers, the “Securing Parties”) are parties to a Credit Agreement dated April 28, 2010 “Credit Agreement”), providing, subject to the terms and conditions thereof, for extensions of credit (by means of loans
and letters of credit) to be made by the Lenders therein (collectively, together with any entity that becomes a “Lender” party to the Credit Agreement after the date hereof as provided therein, the “Lenders” and, together
with Administrative Agent and any successors or assigns of any of the foregoing, the “Secured Parties”) to the Company in an aggregate principal or face amount not exceeding $1,425,000,000 (which, in the circumstances contemplated
by Section 2.01(c) thereof, may be increased to $1,625,000,000 and made available to the Company and the Subsidiary Borrower). In addition, the Borrowers may from time to time be obligated to one or more of the Lenders under the Credit
Agreement in respect of Swap Agreements under and as defined in the Credit Agreement (collectively, the “Swap Agreements”). 
 In connection with the Credit Agreement, the Borrowers, the Existing Subsidiary Guarantors and the Administrative Agent are parties to the Pledge Agreement dated April 28, 2010 (the “Pledge
Agreement”) pursuant to which the Securing Parties have, inter alia, granted a security interest in the Collateral (as defined in the Pledge Agreement) as collateral security for the Secured Obligations (as so defined). Terms defined
in the Pledge Agreement are used herein as defined therein. 
 To induce the Secured Parties to enter into the Credit Agreement,
and to extend credit thereunder and to extend credit to the Borrower under Swap Agreements, and for other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the Additional Subsidiary Guarantor has agreed to
become a party to the Credit Agreement and the Pledge Agreement as a “Subsidiary Guarantor” thereunder, and to pledge and grant a security interest in the Collateral (as defined in the Pledge Agreement). 

Accordingly, the parties hereto agree as follows: 

  
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 Section 1. Definitions. Terms defined in the Credit Agreement are used herein as
defined therein. 
 Section 2. Joinder to Agreements. Effective upon the execution and delivery hereof, the
Additional Subsidiary Guarantor hereby agrees that it shall become a “Subsidiary Guarantor” under and for all purposes of the Credit Agreement and the Pledge Agreement with all the rights and obligations of a Subsidiary Guarantor
thereunder. Without limiting the generality of the foregoing, the Additional Subsidiary Guarantor hereby: 
 (i) jointly and
severally with the other Subsidiary Guarantors party to the Credit Agreement guarantees to each Secured Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise)
of all Guaranteed Obligations in the same manner and to the same extent as is provided in Article III of the Credit Agreement; 

(ii) pledges and grants the security interests in all right, title and interest of the Additional Subsidiary Guarantor in all Collateral
(as defined in the Pledge Agreement) that it now owns or hereafter acquires and whether now existing or hereafter coming into existence provided for by Article III of the Pledge Agreement as collateral security for the Secured Obligations and agrees
that Annex 1 thereof shall be supplemented as provided in Appendix A hereto; 
 (iii) makes the representations and warranties
set forth in Article IV of the Credit Agreement and in Article II of the Pledge Agreement, to the extent relating to the Additional Subsidiary Guarantor or to the Pledged Equity evidenced by the certificates, if any, identified in Appendix A hereto;
and 
 (iv) submits to the jurisdiction of the courts, and waives jury trial, as provided in Sections 10.09 and 10.10 of the
Credit Agreement. 
 The Additional Subsidiary Guarantor hereby instructs its counsel to deliver the opinions referred to in
Section 6.10(c) of the Credit Agreement to the Secured Parties. 

  
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 IN WITNESS WHEREOF, the Additional Subsidiary Guarantor has caused this Joinder Agreement
to be duly executed and delivered as of the day and year first above written. 
  

							
	MONTANA LOGOS, LLC, a Montana limited liability company
		
	By:	 	 Interstate Logos, L.L.C., its sole Managing
 Member

			
		 	By:	 	Lamar Media Corp., its sole Managing Member
				
		 		 	By:	 	/s/    Keith A. Istre
		 		 		 	 Keith A. Istre, Executive Vice- President/ Chief Financial Officer

 Attest: 
  

			
	By:	 	/s/    James R. McIlwain
		 	James R. McIlwain, Secretary

  

			
	 Accepted and agreed:
  

JPMORGAN CHASE BANK, N.A.
 as Administrative
Agent

		
	By:	 	/s/    Goh Siew Tan
		 	 Goh Siew Tan
 Executive
Director

  
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 The undersigned hereby respectively pledges and grants a security interest in the Pledged Equity that it
owns evidenced by the certificates listed in Appendix A hereto and agrees that Annex 1 of the Pledge Agreement is hereby supplemented by adding thereto the information listed on Appendix A. 

 

					
	Interstate Logos, L.L.C., Issuee
		
	By:	 	Lamar Media Corp., its sole Managing Member
			
		 	By:	 	/s/    Keith A. Istre
		 		 	 Keith A. Istre, Executive Vice-President/
 Chief Financial Officer

  
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 Supplement to Annex 1 
 Appendix A to Joinder Agreement 
  

									
	 Pledgor Ownership
	 	 Issuer
	 	 No. of Units
	 	 Cert. No.
	 	 %

	 Interstate Logos, L.L.C.
	 	Montana Logos, LLC	 	1,000	 	1	 	100

  
 5First Amendment

 EXHIBIT 10.5.1 
 FIRST AMENDMENT 
 TO 

THE JULY 5, 2005 SECOND AMENDED AND RESTATED 
 LIMITED LIABILITY COMPANY AGREEMENT OF 
 DUKE ENERGY FIELD SERVICES, LLC

 This First Amendment to the July 5, 2005 Second Amended and Restated Limited Liability Company Agreement of Duke Energy Field
Services, LLC (this “Amendment”), is dated as of August 11, 2006 and by and between ConocoPhillips Gas Company, a Delaware corporation (“CPGC”) and Duke Energy Enterprises Corporation (formerly Duke Energy
Field Services Corporation), a Delaware corporation (“DEFS Holding”). 
 RECITALS 

 

	A.	Reference is made to that certain Second Amended and Restated Limited Liability Company Agreement of Duke Energy Field Services, LLC by and between CPGC and DEFS
Holding dated as of July 5, 2005 (the “Agreement”) (capitalized terms used but not defined herein shall have the meaning given thereto in the LLC Agreement). 

 

	B.	CPGC and DEFS Holding desire to amend the Agreement to provide for the indemnification of Directors and Officers. 

FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 

1. The Agreement is hereby amended by adding thereto under Article III concerning Management, a new Section 3.14 as follows: 

Section 3.14 Indemnification. 
 (a) Power to Indemnify in Actions, Suits or Proceedings other than Those by or in the Right of the Company. Subject to Section 3.14(c), the Company shall indemnify any Person who was or is a
party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of the Company), by reason of the fact
that such Person is or was an Officer (as used in this Section 3.14, the terms “Officer” and “officer” shall include manager, as such term is defined under the Act) or Director or is or was an Officer or Director serving at
the request of the Company as a director, officer, employee or agent of another limited liability company, corporation, partnership, joint venture, trust or other enterprise (collectively, a “Covered Person”), against expenses (including
attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such Covered Person in connection with such action, suit or proceeding if such Covered Person acted in good faith and in a manner such Covered
Person reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal action or proceeding, had no reasonable cause to believe such Covered Person’s conduct was unlawful. The termination of
any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the Covered Person did not act in good faith and in a manner which such
Covered Person reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal action or proceeding, had reasonable cause to believe that such Covered Person’s conduct was unlawful.

  
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 (b) Power to Indemnify in Actions, Suits or Proceedings by or in the Right of the
Company. Subject to Section 3.14(c), the Company shall indemnify any Covered Person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company to
procure a judgment in its favor by reason of the fact that such Person is or was a Covered Person, against expenses (including attorneys’ fees) actually and reasonably incurred by such Covered Person in connection with the defense or settlement
of such action or suit if such Covered Person acted in good faith and in a manner such Covered Person reasonably believed to be in or not opposed to the best interests of the Company; except that no indemnification shall be made in respect of any
claim, issue or matter as to which such Covered Person shall have been adjudged to be liable to the Company unless and only to the extent that the Court of Chancery of the State of Delaware or the court in which such action or suit was brought shall
determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such Covered Person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other
court shall deem proper. 
 (c) Authorization of Indemnification. Any indemnification under Section 3.14
(a) or (b) (unless ordered by a court) shall be made by the Company only as authorized in the specific case upon a determination that indemnification of the present or former Officer or Director is proper in the circumstances because such
Covered Person has met the applicable standard of conduct set forth in Section 3.14(a) or Section 3.14(b), as the case may be. Such determination shall be made with respect to such Covered Persons, (i) by a majority vote of the
Directors who are not parties to such action, suit or proceeding, even though less than a quorum, or (ii) by a committee of such Directors designated by a majority vote of such Directors, even though less than a quorum, or (iii) by a
majority vote of the Members. To the extent that a present or former Director or Officer has been successful on the merits or otherwise in defense of any action, suit or proceeding described above, or in defense of any claim, issue or matter
therein, such Covered Person shall be indemnified against expenses (including attorneys’ fees) actually and reasonably incurred by such Covered Person in connection therewith, without the necessity of authorization in the specific case.

 (d) Good Faith Defined. For purposes of any determination under Section 3.14(c), a Covered Person shall be
deemed to have acted in good faith and in a manner such Covered Person reasonably believed to be in or not opposed to the best interests of the Company, or, with respect to any criminal action or proceeding, to have had no reasonable cause to
believe such Covered Person’s conduct was unlawful if such Covered Person’s action was based on the records or books of account of the Company or another enterprise, or on information supplied to such Covered Person by an Officer or an
officer of another enterprise in the course of their duties, or on the advice of legal counsel for the Company or another enterprise 

  
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or on information or records given or reports made to the Company or another enterprise by an independent certified public accountant or by an appraiser or other expert selected with reasonable
care by the Company or another enterprise. The provisions of this Section 3.14(d) shall not be deemed to be exclusive or to limit in any way the circumstances in which a Covered Person may be deemed to have met the applicable standard of
conduct set forth in Section 3.14(a) or Section 3.14(b), as the case may be. 
 (e) Indemnification by a
Court. Notwithstanding any contrary determination in the specific case under Section 3.14(c), and notwithstanding the absence of any determination thereunder, any Director or Officer may apply to the Court of Chancery of the State of
Delaware or any other court of competent jurisdiction in the State of Delaware for indemnification to the extent otherwise permissible under Section 3.14(a) or Section 3.14(b). The basis of such indemnification by a court shall be a
determination by such court that indemnification of the Director or Officer is proper in the circumstances because such Covered Person has met the applicable standard of conduct set forth in Section 3.14(a) or Section 3.14(b), as the case
may be. Neither a contrary determination in the specific case under Section 3.14(c) nor the absence of any determination thereunder shall be a defense to such application or create a presumption that the Director or Officer seeking
indemnification has not met any applicable standard of conduct. Notice of any application for indemnification pursuant to this Section 3.14(e) shall be given to the Company promptly upon the filing of such application. If successful, in whole
or in part, the Director or Officer seeking indemnification shall also be entitled to be paid the expense of prosecuting such application. 
 (f) Expenses Payable in Advance. Expenses (including attorneys’ fees) incurred by a Director or Officer in defending any civil, criminal, administrative or investigative action, suit or
proceeding shall be paid by the Company in advance of the final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such Director or Officer to repay such amount if it shall ultimately be determined that
such Covered Person is not entitled to be indemnified by the Company as authorized in this Section 3.14. Such expenses (including attorneys’ fees) incurred by former Directors and Officers or other employees and agents may be so paid upon
such terms and conditions, if any, as the Company deems appropriate. 
 (g) Nonexclusivity of Indemnification and
Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Section 3.14 shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of
expenses may be entitled, it being the policy of the Company that indemnification of the Covered Persons specified in Section 3.14(a) and Section 3.14(b) shall be made to the fullest extent permitted by Law. The provisions of this
Section 3.14 shall not be deemed to preclude the indemnification of any Covered Person who is not specified in Section 3.14(a) or Section 3.14(b) but whom the Company has the power or obligation to indemnify under the provisions of
Act, or otherwise. 
 (h) Insurance. The Company may purchase and maintain insurance on behalf of any Covered Person
against any liability asserted against such Covered Person and incurred by such Covered Person in any such capacity, or arising out of such Covered Person’s status as such, whether or not the Company would have the power or the obligation to
indemnify such Covered Person against such liability under the provisions of this Section 3.14. 

  
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 (i) Certain Definitions. For purposes of this Section 3.14, references to
“the Company” shall include, in addition to the resulting enterprise, any constituent enterprise (including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have
had power and authority to indemnify its directors or officers, so that any Covered Person who is or was a director or officer of such constituent enterprise, or is or was a director or officer of such constituent enterprise serving at the request
of such constituent enterprise as a director, officer, employee or agent of another limited liability company, corporation, partnership, joint venture, trust or other enterprise, shall stand in the same position under the provisions of this
Section 3.14 with respect to the resulting or surviving enterprise as such Covered Person would have with respect to such constituent enterprise if its separate existence had continued. The term “another enterprise” as used in this
Section 3.14 shall mean any other limited liability company or any corporation, partnership, joint venture, trust, employee benefit plan or other enterprise of which such Covered Person is or was serving at the request of the Company as a
director, officer, employee or agent. For purposes of this Section 3.14, references to “fines” shall include any excise taxes assessed on a Covered Person with respect to an employee benefit plan; and references to “serving at
the request of the Company” shall include any service as a director, officer, employee or agent of the Company which imposes duties on, or involves services by, such director or officer with respect to an employee benefit plan, its participants
or beneficiaries; and a Covered Person who acted in good faith and in a manner such Covered Person reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner
“not opposed to the best interests of the Company” as referred to in this Section 3.14. 
 (j) Survival of
Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Section 3.14 shall, unless otherwise provided when authorized or ratified, continue as to a Covered
Person who has ceased to be a Director or Officer and shall inure to the benefit of the heirs, executors and administrators of such a Covered Person. 
 (k) Limitation on Indemnification. Notwithstanding anything contained in this Section 3.14 to the contrary, except for proceedings to enforce rights to indemnification (which shall be governed
by Section 3.14(e)), the Company shall not be obligated to indemnify any Director or Officer (or his or her heirs, executors or Covered Personal or legal representatives) or advance expenses in connection with a proceeding (or part thereof)
initiated by such Covered Person unless such proceeding (or part thereof) was authorized under this Section 3.14. 
 (l)
Indemnification of Employees and Agents. The Company may, to the extent authorized from time to time by the Company’s President or Chief Executive Officer or by a majority vote of the Directors, provide rights to indemnification and to
the advancement of expenses to employees and agents (other than Directors and Officers) of the Company and employees or agents (other than Directors and Officers) of the Company that are or were serving at the request of the Company as a director,
officer, employee or agent of another limited liability company, corporation, partnership, joint venture, trust or other enterprise, similar to those conferred in this Section 3.14 to Directors and Officers. 

  
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 ON THE DATE FIRST SET FORTH ABOVE, each of the undersigned has caused this Amendment to be duly executed and
delivered in one OR more counterparts, all of which shall be considered one and the same agreement, and shall become effective when one or more counterparts have been signed by each of the parties. 

 

			
	 DUKE ENERGY ENTERPRISES
 CORPORATION

		
	By:	 	 /s/ K. G. Butler

	Name:	 	 Keith G. Butler

	Title:	 	 President

  

			
	CONOCOPHILLIPS GAS COMPANY
		
	By:	 	 /s/ John E. Lowe

	Name:	 	 John E. Lowe

	Title:	 	 President

  
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