Document:

First Amendment to Credit Agreement

 Exhibit 10.2 

[Execution Copy] 

FIRST AMENDMENT TO CREDIT AGREEMENT 

This FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of November 24, 2009, is by and
among BARNES & NOBLE, INC., a Delaware corporation (“Lead Borrower”), the other Persons party hereto as borrowers (collectively, together with the Lead Borrower, the “Borrowers”),
BANK OF AMERICA, N.A., as Administrative Agent (the “Administrative Agent”) and Collateral Agent (the “Collateral Agent”), and each of the Lenders party hereto. 

RECITALS: 

A. The Borrowers, the guarantors from time to time party thereto, the lenders from time to time party thereto (the
“Lenders”), the Administrative Agent and the Collateral Agent, and the other agents party thereto, are parties to that certain Credit Agreement, dated as of September 30, 2009 (as amended hereby and as otherwise amended,
restated or modified from time to time, the “Credit Agreement”). Capitalized terms used herein but not otherwise defined herein shall have the meanings given such terms in the Credit Agreement. 

B. The parties hereto have agreed to amend the Credit Agreement as set forth below. 

NOW, THEREFORE, in consideration of the premises and the mutual covenants hereinafter contained, the parties hereto agree as
follows: 
 SECTION 1.01 Amendments to Credit Agreement. 

(a) Amendments to Section 1.01. 

(i) The existing definition of “Availability Reserves” in Section 1.01 of the Credit Agreement is
hereby amended by deleting clause (vi) of the second sentence thereof in its entirety and inserting the following in place thereof: 

(vi) warehousemen’s or bailee’s charges and other Permitted Encumbrances which may have priority over the interests of the
Collateral Agent in the Collateral (other than Excluded Assets), 
 (ii) The existing definition of
“Eligible Accounts Receivables” in Section 1.01 of the Credit Agreement is hereby amended by deleting clause (d) thereof in its entirety and inserting the following in place thereof: 

(d) Accounts with respect to which a Borrower does not have good, valid and marketable title thereto, free and clear of any Lien (other
than Liens granted to the Collateral Agent pursuant to the Security Documents and other Permitted Encumbrances) or which are not subject to a first priority security interest in favor of the Collateral Agent; 

 (iii) The existing definition of “Eligible Credit Card
Receivables” in Section 1.01 of the Credit Agreement is hereby amended by deleting clause (c) thereof in its entirety and inserting the following in place thereof: 

(c) Credit Card Receivables with respect to which a Borrower does not have good, valid and marketable title, free and clear of any Lien
(other than Liens granted to the Collateral Agent pursuant to the Security Documents and other Permitted Encumbrances); 

(iv) The existing definition of “Eligible Inventory” in Section 1.01 of the Credit Agreement is
hereby amended by inserting the words “in priority” immediately after the phrase “in favor of the Collateral Agent, subject” in the first line of clause (f) thereof. 

(v) The existing definition of “Real Estate Eligibility Requirements” in Section 1.01 of the Credit
Agreement is hereby amended by inserting the words “in priority” immediately after the phrase “on the property described therein, subject” in clause (d) thereof. 

(b) Amendment to Schedule 5.08(b)(1). Schedule 5.08(b)(1) to the Credit Agreement is hereby amended to add the
owned Real Estate set forth on Annex A hereto. The Lenders party hereto hereby waive any Default or Event of Default that may have arisen as a result of the failure of the Borrowers to list the Real Estate set forth on Annex A on Schedule 5.08(b)(1)
as of the Closing Date. 
 (c) Consent to Amendment of Seller Notes. The Lenders party hereto hereby
consent to the amendment of each of the Seller Notes to add Barnes & Noble Booksellers, Inc. as a co-issuer thereof and hereby agree that such amendments shall be deemed permitted under the Credit Agreement, including Sections 7.09 and 7.12
thereof. 
 SECTION 1.02 Effectiveness. This Amendment shall become effective only upon receipt by the
Administrative Agent of duly executed counterparts of this Amendment which, when taken together, bear the authorized signatures of each Borrower, the Administrative Agent and the Collateral Agent, and the Super-Majority Required Lenders (the
“Amendment Effective Date”). 
 SECTION 1.03 Cross-References. References in this
Amendment to any Section are, unless otherwise specified, to such Section of this Amendment. 
 SECTION 1.04
Instrument Pursuant to Credit Agreement. This Amendment is a Loan Document executed pursuant to the Credit Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and applied in
accordance with the terms and provisions of the Credit Agreement. 
  

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 SECTION 1.05 Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY THE LAWS OF
THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO ANY CONFLICT OF LAW PRINCIPLES (BUT GIVING EFFECT TO FEDERAL LAWS RELATING TO NATIONAL BANKS). 

SECTION 1.06 Counterparts. This Amendment may be executed in any number of counterparts and by the different parties hereto
in separate counterparts, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument. 

SECTION 1.07 Severability. In case any provision in or obligation under this Amendment or the other Loan Documents shall be
invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired
thereby. 
 SECTION 1.08 Benefit of Agreement. This Amendment shall be binding upon and inure to the benefit of
and be enforceable by the respective successors and assigns of the parties hereto; provided that no Borrower may assign or transfer any of its interest hereunder without the prior written consent of the Administrative Agent and each Lender.

 SECTION 1.09 Integration. This Amendment represents the agreement of the Borrowers, the Administrative Agent
and the Collateral Agent, and the Lenders with respect to the subject matter hereof, and there are no promises, undertakings, representations or warranties relative to the subject matter hereof not expressly set forth or referred to herein or in the
other Loan Documents. 
 SECTION 1.10 Confirmation. Except as expressly amended by the terms hereof, all of the
terms of the Credit Agreement, the Security Agreement and the other Loan Documents shall continue in full force and effect and are hereby ratified and confirmed in all respects. 

SECTION 1.11 Loan Documents. Except as expressly set forth herein, the amendments provided herein shall not by implication
or otherwise limit, constitute a waiver of, or otherwise affect the rights and remedies of the Lenders, the Administrative Agent or the Collateral Agent under the Credit Agreement, the Security Agreement or any other Loan Document, nor shall they
constitute a waiver of any Event of Default, nor shall they alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement, the Security Agreement or any other Loan
Document. Each of the amendments provided herein shall apply and be effective only with respect to the provisions of the Credit Agreement or the Security Agreement specifically referred to by such amendments. Except as expressly amended herein, the
Credit Agreement, the Security Agreement and the other Loan Documents shall continue in full force and effect in accordance with the provisions thereof. As used in the Credit Agreement or the Security Agreement, the terms “Agreement”,
“herein”, “hereinafter”, “hereunder”, “hereto” and words of similar import shall mean, from and after the date hereof, the Credit Agreement or the Security Agreement, as the case may be. 

(Signature Pages Follow) 
  

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 IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this Amendment to
be duly executed and delivered as of the date first above written. 
  

			
	 BORROWERS:
  

BARNES & NOBLE, INC.

		
	By:	 	/s/ Maria Florez
	Name:	 	Maria Florez
	Title:	 	VP & Treasurer
	
	 B. DALTON BOOKSELLER, LLC

BARNES & NOBLE BOOKQUEST LLC

BARNES & NOBLE BOOKSELLERS, INC.

BARNES & NOBLE MARKETING SERVICES CORP.

BARNES & NOBLE PURCHASING, INC.

BARNES & NOBLE SERVICES, INC.

BARNESANDNOBLE.COM LLC

DOUBLEDAY BOOK SHOPS, INC.

FICTIONWISE LLC

PONDVIEW ASSOCIATES LLC

SPARKNOTES LLC

STERLING PUBLISHING CO., INC.

TIKATOK LLC (f/k/a TKTK ACQUISITION LLC)

		
	By:	 	/s/ Maria Florez
	Name:	 	Maria Florez
	Title:	 	VP & Treasurer
	
	 BARNES & NOBLE COLLEGE

BOOKSELLERS, LLC (f/k/a BNCB MERGER SUB, LLC)

		
	By:	 	/s/ Maria Florez
	Name:	 	Maria Florez
	Title:	 	VP & Treasurer

 First
Amendment to Credit Agreement 
 Signature Page 

			
	 AGENTS AND LENDERS:
  

BANK OF AMERICA, N.A.,
 as
Administrative Agent and as Collateral Agent

		
	By:	 	/s/ Andrew Cerussi
	Name:	 	Andrew Cerussi
	Title:	 	Senior Vice President

 First
Amendment to Credit Agreement 
 Signature Page 

			
	 JPMORGAN CHASE BANK, NA.,

as Co-Syndication Agent

		
	By:	 	/s/ Larry Favre
	Name:	 	Larry Favre
	Title:	 	SVP

 First Amendment to Credit
Agreement 
 Signature Page 

			
	 WELLS FARGO RETAIL FINANCE, LLC,

as Co-Syndication Agent

		
	By:	 	/s/ Danielle M. Baldinelli
	Name:	 	Danielle M. Baldinelli
	Title:	 	Vice President

 First Amendment to
Credit Agreement 
 Signature Page 

			
	 SUNTRUST BANK,

as Co-Documentation Agent

		
	By:	 	/s/ B. Earl Garris
	Name:	 	B. Earl Garris
	Title:	 	Director - CIB - ABL

 First Amendment
to Credit Agreement 
 Signature Page 

			
	 US BANK, NATIONAL ASSOCIATION,

as Co-Documentation Agent

		
	By:	 	/s/ Blake Malia
	Name:	 	Blake Malia
	Title:	 	Vice President

 First Amendment to
Credit Agreement 
 Signature Page 

			
	 SOVEREIGN BANK,

as Co-Senior Managing Agent

		
	By:	 	/s/ Matilde Reyes
	Name:	 	Matilde Reyes
	Title:	 	Senior Vice President

 First
Amendment to Credit Agreement 
 Signature Page 

			
	 BANK OF AMERICA, N.A.,

as a Lender, LC Issuer and Swing Line Lender

		
	By:	 	/s/ Andrew Cerussi
	Name:	 	Andrew Cerussi
	Title:	 	Senior Vice President

 First
Amendment to Credit Agreement 
 Signature Page 

			
	 JPMORGAN CHASE BANK, NA.,

as a Lender and LC Issuer

		
	By:	 	/s/ Larry Favre
	Name:	 	Larry Favre
	Title:	 	Senior Vice President

 First
Amendment to Credit Agreement 
 Signature Page 

			
	 WELLS FARGO RETAIL FINANCE, LLC,

as a Lender and LC Issuer

		
	By:	 	/s/ Danielle M. Baldinelli
	Name:	 	Danielle M. Baldinelli
	Title:	 	Vice President

 First Amendment to
Credit Agreement 
 Signature Page 

			
	 SOVEREIGN BANK,

as a Lender and LC Issuer

		
	By:	 	/s/ Matilde Reyes
	Name:	 	Matilde Reyes
	Title:	 	Senior Vice President

 First
Amendment to Credit Agreement 
 Signature Page 

			
	 SUNTRUST BANK,

as a Lender

		
	By:	 	/s/ B. Earl Garris
	Name:	 	B. Earl Garris
	Title:	 	Director - CIB - ABL

 First Amendment
to Credit Agreement 
 Signature Page 

			
	 US BANK, NATIONAL ASSOCIATION,

as a Lender

		
	By:	 	/s/ Blake Malia
	Name:	 	Blake Malia
	Title:	 	Vice President

 First Amendment to
Credit Agreement 
 Signature Page 

			
	 ING CAPITAL LLC,

as a Lender

		
	By:	 	/s/ Bill Redmond
	Name:	 	Bill Redmond
	Title:	 	Managing Director

 First Amendment to
Credit Agreement 
 Signature Page 

			
	 RBS BUSINESS CAPITAL, a division of RBS ASSET FINANCE, INC., a subsidiary of RBS CITIZENS, N.A.,

as a Lender

		
	By:	 	/s/ John D. Bobbin
	Name:	 	John D. Bobbin
	Title:	 	Vice President

 First Amendment to
Credit Agreement 
 Signature Page 

			
	 CAPITAL ONE LEVERAGE FINANCE CORP.,

as a Lender

		
	By:	 	/s/ Nick Malatestinic
	Name:	 	Nick Malatestinic
	Title:	 	Senior Vice President

 First
Amendment to Credit Agreement 
 Signature Page 

			
	 FIFTH THIRD BANK,

as a Lender

		
	By:	 	/s/ George B. Davis
	Name:	 	George B. Davis
	Title:	 	Vice President

 First Amendment to
Credit Agreement 
 Signature Page 

			
	 PNC BANK, NATIONAL ASSOCIATION, SUCCESSOR TO NATIONAL CITY BUSINESS CREDIT, INC.,

as a Lender

		
	By:	 	/s/ Matthew Potter
	Name:	 	Matthew Potter
	Title:	 	Vice President

 First Amendment to
Credit Agreement 
 Signature Page 

			
	 UNION BANK, N.A.,

as a Lender

		
	By:	 	/s/ Brent Housteau
	Name:	 	Brent Housteau
	Title:	 	Vice President

 First Amendment to
Credit Agreement 
 Signature Page 

			
	 COMERICA BANK,

as a Lender

		
	By:	 	/s/ Chris Rice
	Name:	 	Chris Rice
	Title:	 	Corporate Banking Officer

 First
Amendment to Credit Agreement 
 Signature Page 

			
	 MANUFACTURERS AND TRADERS TRUST COMPANY,

as a Lender

		
	By:	 	/s/ Grant C. Gooden
	Name:	 	Grant C. Gooden
	Title:	 	Assistant Vice President

 First
Amendment to Credit Agreement 
 Signature Page 

			
	 FIRST HAWAIIAN BANK,

as a Lender

		
	By:	 	/s/ Dawn Hofmann
	Name:	 	Dawn Hofmann
	Title:	 	Vice President

 First Amendment to
Credit Agreement 
 Signature Page 

 ANNEX A 

Additions to Owned Real Property Schedule 5.08(b)(1) 

 

							
	 Loan Party
	  	 Street Address
	  	County	  	State
	 Barnes & Noble Booksellers, Inc.
	  	10701 Centrum Parkway, Pineville, NC	  	Mecklenburg	  	NC
				
	 Barnes & Noble Booksellers, Inc.
	  	765 Route 17 South, Paramus, NJ	  	Bergen	  	NJ

 First Amendment to Credit Agreement

 Signature PageAmendment No. 2 to Note Purchase Agreement

 Exhibit 4(a).24 

AMENDMENT NO. 2 TO NOTE PURCHASE AGREEMENT 

This AMENDMENT NO. 2 TO NOTE PURCHASE AGREEMENT (the “Amendment”) is entered into this 18
th day of June, 2010 by and between CDC Corporation, a
company organized and existing under the laws of the Cayman Islands (“CDC” or the “Company”) and CDC Delaware Corp., a corporation organized under the laws of the State of Delaware (“CDC Delaware”), all of whom may be
collectively referred to herein as the “Parties” or individually as a “Party”. 
 WITNESSETH

 WHEREAS, the Company issued an aggregate of $168.0 million in face value of 3.75% Senior
Exchangeable Convertible Note(s) due 2011 (the “Convertible Notes”) pursuant to a Note Purchase Agreement dated November 10, 2006 (“NPA”) by and among, inter alia, the Company and certain Investors; 

WHEREAS, CDC Delaware has acquired an aggregate of $126.775 million in face value of Convertible Notes, of which
$124.775 million remain issued, outstanding and held by CDC Delaware (collectively, the “CDC Delaware Notes”); 

WHEREAS, as of the date hereof, the total aggregate amount of Convertible Notes issued and outstanding is $166.0
million; 
 WHEREAS, the CDC Delaware Notes represent 75.16% of the total aggregate amount of the
outstanding Convertible Notes; and 
 WHEREAS, CDC Delaware is the holder of a Majority in Interest of
the Convertible Notes as of the date hereof. 
 NOW, THEREFORE, in consideration of the mutual covenants
and agreements set forth herein, the sufficiency of which is hereby acknowledged and agreed, the Parties agree as follows: 

Section 1. Definitions and Principles of Construction. 

1.1 Defined Terms. Any term not specifically defined herein shall have the meaning ascribed to it in the NPA or
Convertible Notes, as applicable. 
 Section 2. Amendments. 

2.1 The Parties hereby agree that the definition of “Termination Date” as set forth in the NPA be, and it hereby
is, amended and restated as follows: 
 ““Termination Date” means the earlier to occur of
(i) the first date on which the aggregate principal amount of all Notes then outstanding and held by non-affiliates of CDC is less than twenty five percent (25%) of the aggregate principal amount of the Notes issued on the Closing Date and
(ii) in the event that a Qualified IPO has occurred at least thirty (30) days prior to the three-year anniversary of the Closing Date, such three-year anniversary.” 

2.2 The Parties hereby agree that the definition of “Software Facility” as set forth in the NPA be, and it
hereby is, amended and restated as follows: 
 ““Software Facility” means a credit facility
to be made available to Software and/or its affiliates or Subsidiaries by Silicon Valley Bank or a comparable financial institution, the aggregate principal amount of which shall not exceed thirty million dollars (US$30,000,000) and shall not be
guaranteed by the Company.” 
  

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 Section 3. Effect of this Amendment. 

3.1 Effect. This Amendment is entered into to supplement, amend, and modify the NPA and Convertible Notes, as such
may be amended to date. This Amendment contains the entire understanding of the parties relating to the subject matter hereof and supersedes any prior agreements, representations, and warranties, written or oral, with respect to the same subject
matter, but does not supersede the NPA or Convertible Notes, except as expressly set forth herein, and which shall continue to be effective and enforceable in accordance with their terms, as so amended. 

3.2 Effective Date. This Amendment shall be effective as of and subsequent to, the date hereof. 

3.3 Non-Consenting Noteholders. In accordance with Section 12(c) of the Convertible Notes, the amendments set
forth herein shall apply to, and be binding upon, all issued and outstanding Convertible Notes, including any Convertible Notes held by a Holder who did not consent (such consent being evidenced by the signatures set forth herein) to the amendments
set forth herein. 
 Section 4. Consent. 

4.1 Consent to Amendments. By signing below, CDC Delaware, as a Holder of a Majority in Interest in the Convertible
Notes, expressly consents to the amendments set forth herein. 
 * * * * * * * * 

 

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 IN WITNESS WHEREOF, this Amendment has been duly executed and delivered by
the duly authorized officer of each party hereto, and shall be effective as of the date first above written. 
  

			
	CDC CORPORATION
		
	By:	 	 /s/ Matthew Lavelle

	Name:	 	Matthew Lavelle
	Title:	 	CFO
	
	CDC DELAWARE CORP.
		
	By:	 	 /s/ Donald L. Novajosky

	Name:	 	Donald L. Novajosky
	Title:	 	Secretary

  

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