Document:

Exhibit 10.2

Form of 2012 Performance Stock Unit Agreement

GARTNER,
INC.

2003 LONG-TERM INCENTIVE PLAN

PERFORMANCE STOCK UNIT AGREEMENT

Grant
#

NOTICE
OF GRANT

          Gartner,
Inc. (the “Company”) hereby grants you, [NAME] (the “Grantee”), the number of
performance stock units indicated below (a “PSU” or the “PSUs”) under the
Company’s 2003 Long-Term Incentive Plan (the “Plan”). The date of this
Agreement is February 9, 2012 (the “Grant Date”). Subject to the provisions of
Appendix A (attached hereto) and of the Plan, the principal features of
this Performance Stock Unit grant are as follows:

Target Number of PSUs:
               ,
subject to adjustment as provided under Performance Adjustment below.

Performance
Adjustment:

The number of
PSUs eligible to vest will be adjusted in accordance with the following
schedule, based upon Contract Value (a Performance Objective as defined in the
Plan) at December 31, 2012, measured on a foreign exchange neutral basis. 

Adjustment is
linear between Threshold and Target levels of CV and between Target and Maximum
levels of CV. Contract Value shall have the meaning set forth in our Annual
Report on Form 10-K for the year ended December 31, 2012. 

Vesting Schedule:

Twenty-five
percent (25%) of the PSUs eligible to vest (as determined in the prior
subsection) shall vest on each of February 9, 2013, 2014, 2015 and 2016,
subject to Grantee’s Continued Service through each such date.

Your signature
below indicates your agreement and understanding that this grant is subject to
all of the terms and conditions contained in the Plan and this Performance
Stock Unit Agreement (the “Agreement”), which includes this Notice of Grant and
Appendix A. For example, important additional information on vesting and
termination of this Performance Stock Unit grant is contained in Paragraphs 4
through 7 of Appendix A. ACCORDINGLY, PLEASE BE SURE TO READ ALL OF
APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS
PERFORMANCE STOCK UNIT GRANT.

	
  

 	
  

 	
  

 	
  

 	
  

 	
  

 
	
 GARTNER, INC.

 	
  

 	
 GRANTEE

 
	
  

 	
  

 	
  

 	
  

 
	
 By:

 	
  

 	
  

 	
  

 
	
  

 	

 

 	
  

 	
  

 	

 

 	
  

 

APPENDIX A

TERMS AND CONDITIONS OF PERFORMANCE STOCK
UNITS

1. Grant. The Company hereby grants to the Grantee under the
Plan the number of Performance Stock Units (PSUs) indicated in the Notice of
Grant, subject to all of the terms and conditions in this Agreement and the
Plan. 

2. Payment of Purchase Price. When the PSUs are paid out to the
Grantee, the purchase price will be deemed paid by the Grantee for each
Performance Stock Unit through the past services rendered by the Grantee, and will
be subject to the appropriate tax withholdings.

3. Company’s Obligation to Pay. Each PSU has a value equal to
the Fair Market Value of a Share on the date of grant. Unless and until the
PSUs have vested in the manner set forth in paragraphs 4 or 5, the Grantee
will have no right to payment of such PSUs. Prior to actual payment of any
vested PSUs, such PSUs will represent an unfunded and unsecured obligation of
the Company. Payment of any vested PSUs will be made in Shares only.

4. Vesting Schedule. Except as otherwise provided in this
Agreement, the PSUs awarded by this Agreement are scheduled to vest in
accordance with the vesting schedule set forth in the Notice of Grant. PSUs
scheduled to vest on a particular date actually will vest only if the Grantee
remains in Continued Service through such date. Should the Grantee’s Continued
Service end at any time (the “Termination Date”), any unvested PSUs will be
immediately cancelled; provided, however, that if termination of
Continued Service results from the Grantee’s death, Disability or Retirement,
then any unvested PSUs that would have vested by their terms within twelve (12)
months from the Termination Date will be deemed vested on the Termination Date;
and provided further, however, that in the case of PSUs as to which the
Performance Adjustment referred to in the Notice of Grant has not been made at
the Termination Date, the PSUs that will be deemed vested on the Termination
Date pursuant to this paragraph 4 shall be determined, and shall vest, when such
Performance Adjustment has occurred. 

5. Committee Discretion. The Committee, in its discretion, may
accelerate the vesting of the balance, or some lesser portion of the balance,
of the PSUs at any time, subject to the terms of the Plan. If so accelerated,
such PSUs will be considered as having vested as of the date specified by the
Committee. If the Committee, in its discretion, accelerates the vesting of the
balance, or some lesser portion of the balance, of the PSUs and the PSUs are
“deferred compensation” within the meaning of Section 409A, the payment of such
accelerated PSUs nevertheless shall be made at the same time or times as if
such PSUs had vested in accordance with the vesting schedule set forth in the
Notice of Grant (whether or not the Grantee remains in Continued Service
through such date(s)). Notwithstanding the foregoing, if such PSUs are
accelerated in connection with the Grantee’s termination of Continued Service
(other than due to death), the PSUs that vest on account of the Grantee’s termination
of Continued Service will not be considered due or payable until the Grantee
has a “separation from service” within the meaning of Section 409A. In
addition, if the Grantee is a “specified employee” within the meaning of
Section 409A at the time of the Grantee’s separation from service, then any
such accelerated PSUs otherwise payable within the six (6) month period
following the Grantee’s separation from service instead will be paid on the
date that is six (6) months and one (1) day following the date of the Grantee’s
separation from service, unless the Grantee dies following his or her
separation from service, in which case, the accelerated PSUs will be paid to
the Grantee’s estate 

as soon as practicable following his or her death, subject to paragraph
9. Thereafter, such PSUs shall continue to be paid in accordance with the
vesting schedule set forth on the first page of this Agreement. For purposes of
this Agreement, “Section 409A” means Section 409A of the U.S. Internal Revenue
Code of 1986, as amended, and any final Treasury Regulations and other Internal
Revenue Service guidance thereunder, as each may be amended from time to time
(“Section 409A”). 

6. Payment after Vesting. Any PSUs that vest in accordance with
paragraph 4 will be released to the Grantee (or in the event of the Grantee’s
death, to his or her estate) in Shares as soon as practicable following the
date of vesting, subject to paragraph 9, but in no event later than the
applicable two and one-half (21⁄2) month period of the “short-term deferral” rule
set forth in the Section 1.409A-1(b)(4) of the Treasury Regulations issued
under Section 409A. Notwithstanding the foregoing, if the PSUs are “deferred
compensation” within the meaning of Section 409A, the vested PSUs will be released
to the Grantee (or in the event of the Grantee’s death, to his or her estate)
in Shares as soon as practicable following the date of vesting, subject to
paragraph 9, but in no event later than the end of the calendar year that
includes the date of vesting or, if later, the fifteen (15th) day of the third
(3rd) calendar month following the date of vesting (provided that the Grantee
will not be permitted, directly or indirectly, to designate the taxable year of
the payment). Further, if some or all of the PSUs that are “deferred
compensation” within the meaning of Section 409A vest on account of the
Grantee’s termination of Continued Service (other than due to death) in
accordance with paragraph 4, the PSUs that vest on account of the Grantee’s
termination of Continued Service will not be considered due or payable until
the Grantee has a “separation from service” within the meaning of Section 409A.
In addition, if the Grantee is a “specified employee” within the meaning of
Section 409A at the time of the Grantee’s separation from service (other than
due to death), then any accelerated PSUs will be paid to the Grantee no earlier
than six (6) months and one (1) day following the date of the Grantee’s
separation from service unless the Grantee dies following his or her separation
from service, in which case, the PSUs will be paid to the Grantee’s estate as
soon as practicable following his or her death, subject to paragraph 9. Any
PSUs that vest in accordance with paragraph 5 will be paid to the Grantee (or
in the event of the Grantee’s death, to his or her estate) in Shares in
accordance with the provision of such paragraph, subject to paragraph 9. 

7. Forfeiture. Notwithstanding any contrary provision of this
Agreement, the balance of the PSUs that have not vested pursuant to paragraphs
4 or 5 at the time the Grantee ceases to be in Continued Service will be
forfeited and automatically transferred to and reacquired by the Company at no
cost to the Company. The Grantee shall not be entitled to a refund of any of the
price paid for the PSUs forfeited to the Company pursuant to this
paragraph 7. 

8. Death of Grantee. Any distribution or delivery to be made to
the Grantee under this Agreement will, if the Grantee is then deceased, be made
to the administrator or executor of the Grantee’s estate (or such other person
to whom the PSUs are transferred pursuant to the Grantee’s will or in
accordance with the laws of descent and distribution). Any such transferee must
furnish the Company (a) written notice of his or her status as a
transferee, (b) evidence satisfactory to the Company to establish the validity
of the transfer of these PSUs and compliance with any laws or regulations
pertaining to such transfer, and (c) written acceptance of the terms and
conditions of this Performance Stock Unit grant as set forth in this Agreement.

9. Withholding of Taxes. When the Shares are issued as payment
for vested PSUs, the Grantee 

will recognize immediate U.S. taxable income if the Grantee is a U.S.
taxpayer. If the Grantee is a non-U.S. taxpayer, the Grantee may be subject to
applicable taxes in his or her jurisdiction. The Company (or the employing
Parent or Subsidiary) will withhold a portion of the Shares otherwise issuable
in payment for vested PSUs that have an aggregate market value sufficient to
pay the minimum federal, state and local income, employment and any other
applicable taxes required to be withheld by the Company (or the employing
Parent or Subsidiary) with respect to the Shares. No fractional Shares will be
withheld or issued pursuant to the grant of PSUs and the issuance of Shares
thereunder. The Company (or the employing Parent or Subsidiary) may instead, in
its discretion, withhold an amount necessary to pay the applicable taxes from
the Grantee’s paycheck, with no withholding of Shares. In the event the
withholding requirements are not satisfied through the withholding of Shares
(or, through the Grantee’s paycheck, as indicated above), no payment will be
made to the Grantee (or his or her estate) for PSUs unless and until
satisfactory arrangements (as determined by the Committee) have been made by
the Grantee with respect to the payment of any income and other taxes which the
Company determines must be withheld or collected with respect to such PSUs. By
accepting this Award, the Grantee expressly consents to the withholding of
Shares and to any cash or Share withholding as provided for in this
paragraph 9. All income and other taxes related to the Performance Stock
Unit award and any Shares delivered in payment thereof are the sole
responsibility of the Grantee.

10. Rights as Stockholder. Neither the Grantee nor any person
claiming under or through the Grantee shall have any of the rights or
privileges of a stockholder of the Company in respect of any Shares deliverable
hereunder unless and until certificates representing such Shares (which may be
in book entry form) shall have been issued, recorded on the records of the
Company or its transfer agents or registrars, and delivered to the Grantee
(including through electronic delivery to a brokerage account). Notwithstanding
any contrary provisions of this Agreement, any quarterly or other regular,
periodic dividends or distributions (as determined by the Company) paid on
Shares will accrue with respect to (i) unvested PSUs and (ii) PSUs that are
vested but unpaid, and no such dividends or other distributions will be paid on
PSUs nor PSUs that are vested but unpaid pursuant to paragraph 5, and in each
case will be paid out at the same time or time(s) as the underlying PSUs on
which such dividends or other distributions have accrued. After such issuance,
recordation and delivery, the Grantee will have all the rights of a stockholder
of the Company with respect to voting such Shares and receipt of dividends and
distributions on such Shares. 

11. No Effect on Employment or Service. The Grantee’s employment
with the Company and any Parent or Subsidiary is on an at-will basis only,
subject to the provisions of applicable law. Accordingly, subject to any
written, express employment contract with the Grantee, nothing in this
Agreement or the Plan shall confer upon the Grantee any right to continue to be
employed by the Company or any Parent or Subsidiary or shall interfere with or
restrict in any way the rights of the Company or the employing Parent or
Subsidiary, which are hereby expressly reserved, to terminate the employment of
the Grantee at any time for any reason whatsoever, with or without good cause.
Such reservation of rights can be modified only in an express written contract
executed by a duly authorized officer of the Company or the Parent or
Subsidiary employing the Grantee. 

12. Address
for Notices. Any notice to be given to the Company under the terms of this
Agreement shall be addressed to the Company, in care of its Secretary at the Company’s headquarters, P.O. Box 10212, 56 Top Gallant Road,
Stamford, CT 06902-7700, or at such other address as the

Company may hereafter designate in writing.

13. Grant is Not Transferable. Except to the
limited extent provided in paragraph 8 above, this grant and the rights and
privileges conferred hereby shall not be transferred, assigned, pledged or
hypothecated in any way (whether by operation of law or otherwise) and shall
not be subject to sale under execution, attachment or similar process. Upon any
attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this
grant, or of any right or privilege conferred hereby, or upon any attempted
sale under any execution, attachment or similar process, this grant and the
rights and privileges conferred hereby immediately shall become null and void.

14. Restrictions on Sale of Securities. The
Shares issued as payment for vested PSUs awarded under this Agreement will be
registered under the federal securities laws and will be freely tradable upon
receipt. However, the Grantee’s subsequent sale of the Shares will be subject
to any market blackout-period that may be imposed by the Company and must
comply with the Company’s insider trading policies, and any other applicable
securities laws.

15. Binding Agreement. Subject to the
limitation on the transferability of this grant contained herein, this
Agreement shall be binding upon and inure to the benefit of the heirs,
legatees, legal representatives, successors and assigns of the parties hereto.

16. Conditions
for Issuance of Stock. The shares of stock deliverable to the Grantee may
be either previously authorized but unissued shares or issued shares which have
been reacquired by the Company. The Company shall not be required to transfer
on its books or list in street name with a brokerage company or otherwise issue
any certificate or certificates for Shares hereunder prior to fulfillment of
all the following conditions: (a) the admission of such Shares to listing on
all stock exchanges on which such class of stock is then listed; and (b) the
completion of any registration or other qualification of such Shares under any state
or federal law or under the rulings or regulations of the Securities and
Exchange Commission or any other governmental regulatory body, which the
Committee shall, in its absolute discretion, deem necessary or advisable; and
(c) the obtaining of any approval or other clearance from any state or federal
governmental agency, which the Committee shall, in its absolute discretion,
determine to be necessary or advisable; and (d) the lapse of such reasonable
period of time following the date of vesting of the PSUs as the Committee may
establish from time to time for reasons of administrative convenience.

17. Plan Governs. This Agreement is subject to
all terms and provisions of the Plan. In the event of a conflict between one or
more provisions of this Agreement and one or more provisions of the Plan, the
provisions of the Plan shall govern. Capitalized terms used and not defined in
this Agreement shall have the meaning set forth in the Plan.

18. Committee Authority. The Committee shall
have the power to interpret the Plan and this Agreement and to adopt such rules
for the administration, interpretation and application of the Plan as are
consistent therewith and to interpret or revoke any such rules (including, but
not limited to, the determination of whether or not any PSUs have vested). All
actions taken and all interpretations and determinations made by the Committee
shall be final and binding upon the Grantee, the Company and all other persons,
and shall be given the maximum deference permitted by law. No member of the
Committee shall be personally liable for any action, determination or
interpretation made in good faith 

with respect to the Plan or this Agreement.

19. Captions. Captions provided herein are for
convenience only and are not to serve as a basis for interpretation or
construction of this Agreement.

20. Agreement Severable. In the event that any
provision in this Agreement shall be held invalid or unenforceable, such
provision shall be severable from, and such invalidity or unenforceability shall
not be construed to have any effect on, the remaining provisions of this
Agreement.

21. Entire Agreement. This Agreement
constitutes the entire understanding of the parties on the subjects covered.
The Grantee expressly warrants that he or she is not executing this Agreement
in reliance on any promises, representations, or inducements other than those
contained herein.

22. Modifications to the Agreement. This
Agreement constitutes the entire understanding of the parties on the subjects
covered. The Grantee expressly warrants that he or she is not accepting this
Agreement in reliance on any promises, representations, or inducements other
than those contained herein. Modifications to this Agreement or the Plan can be
made only in an express written contract executed by a duly authorized officer
of the Company. Notwithstanding anything to the contrary in the Plan or this
Agreement, the Company reserves the right to revise this Agreement as it deems
necessary or advisable, in its sole discretion and without the consent of the
Grantee, to avoid imposition of any additional tax or income recognition under
Section 409A prior to the actual payment of Shares pursuant to this award of
PSUs.

23. Amendment, Suspension or Termination of the
Plan. By accepting this award, the Grantee expressly warrants that he or
she has received an award under the Plan, and has received, read and understood
a description of the Plan. The Grantee understands that the Plan is
discretionary in nature and may be modified, suspended or terminated by the
Company at any time.

24. Governing Law. This grant of PSUs shall be
governed by, and construed in accordance with, the laws of the State of
Connecticut, without regard to its conflict of laws provisions.

25. Defined Terms: Capitalized terms used in
this Agreement without definition will have the meanings provided for in the
Plan. When used in this Agreement, the following capitalized terms will have
the following meanings:

“Continued Service” means that your employment
relationship is not interrupted or terminated by you, the Company, or any
Parent or Subsidiary of the Company. Your employment relationship will not be
considered interrupted in the case of: (i) any leave of absence approved in
accordance with the Company’s written personnel policies, including sick leave,
family leave, military leave, or any other personal leave; or (ii) transfers
between locations of the Company or between the Company and any Parent,
Subsidiary or successor; provided, however, that, unless otherwise
provided in the Company’s written personnel policies, in this Agreement or
under applicable laws, rules or regulations, or unless the Committee has
otherwise expressly provided for different treatment with respect to this
Agreement, (x) no such leave may exceed ninety (90) days, and (y) any vesting
shall cease on the ninety-first (91st) consecutive date of any leave
of absence during which your employment relationship is deemed to continue and
will not recommence until such date, if any, upon which you resume service

with the Company, its Parent, Subsidiary or successor.
If you resume such service in accordance with the terms of the Company’s
military leave policy, upon resumption of service you will be given vesting
credit for the full duration of your leave of absence. Continuous employment
will be deemed interrupted and terminated for an Employee if the Grantee’s
weekly work hours change from full time to part time. Part-time status for the
purpose of vesting continuation will be determined in accordance with policies adopted
by the Company from time to time, which policies, if any, shall supersede the
determination of part-time status set forth in the Company’s posted “employee
status definitions”.

“Disability” means total and permanent
disability as defined in Section 22(e)(3) of the Code.

“Retirement” means termination of your
employment in accordance with the Company’s retirement policies, as in effect
from time to time, if on the date of such termination (i) you are at least 55
years old and your Continued Service has extended for at least five years, and
(ii) the number of full years in your age and your number of full years of
Continued Service total at least 65. By way of illustration, if you terminate
your employment in accordance with the Company’s retirement policies on your
63rd birthday after six years of Continued Service, your total would be 69 and
your termination would be treated as a Retirement; if your Continued Service
had extended for only four years, your total would be 67 but your termination
would not be treated as a Retirement since you would not have met the minimum
of five years of Continued Service.

Your acceptance of this grant indicates your agreement
and understanding that this grant is subject to all of the terms and conditions
contained in the Plan and this Award Agreement, which includes the Notice of
Grant and this Agreement. 

In addition, by your acceptance of this Performance
Stock Unit grant and in consideration of such grant, you hereby ratify and
reaffirm the “Agreement Regarding Certain Conditions of Employment” (the
“Gartner Agreement”) previously entered into between you and the Company,
including but not limited to the confidentiality and post-employment
restrictions on competition set forth therein, and/or you hereby agree to comply
with all of the terms and conditions of the Gartner Agreement, which is posted
on the Global “Forms and Policies” section of Gartner At Work, and is
incorporated herein by this reference.

o 0 oexhibit4_2.htm

Exhibit 4.2

FIRST AMENDMENT TO MASTER NOTE FACILITY

FIRST AMENDMENT TO MASTER NOTE FACILITY, dated as of February 14, 2012 (this “Amendment”), is among Henry Schein, Inc., a Delaware corporation (the “Company”), New York Life Investment Management LLC, a Delaware limited liability company (“New York Life”), as purchaser, and the other financial institution and other entities party hereto that constitute each of the holders of the Notes outstanding as of the date hereof (the “Holders”).

W I T N E S S E T H

WHEREAS, reference is made to that certain $150,000,000 Master Note Facility, dated as of August 9, 2010, by and among the Company and New York Life (as amended, restated, modified, or supplemented from time to time, the “Note Facility”);

WHEREAS, the Holders have purchased Notes under the Note Facility pursuant to which they have made extensions of credit to the Company;

WHEREAS, the Holders have requested the Note Facility be amended by this Amendment in order to provide (i) that offers to prepay the Notes upon the occurrence of a Change in Control or Control Event will be made with the Make-Whole Amount and (ii) for a cross default to other Material Indebtedness;

WHEREAS, the Company, New York Life and the Holders are willing to enter into such amendments subject and pursuant to the terms and conditions of this Amendment;

NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, the parties hereto agree as follows:

SECTION 1.   Defined Terms.  Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Note Facility.

 

SECTION 2.   Amendment to Section 8.6(d).  Section 8.6(d) of the Note Facility is hereby amended as of the Effective Date by deleting the final sentence in such Section and replacing it in its entirety with the following:  “A failure by a holder of Notes to respond to an offer to prepay made pursuant to this Section 8.6 on or before such date shall be deemed to constitute an acceptance of such offer by such holder.”

SECTION 3.   Amendment to Section 8.6(e).   Section 8.6(e) of the Note Facility is hereby amended as of the Effective Date by inserting the following at the end of the first sentence thereof: “, plus the Make-Whole Amount with respect thereto”.

SECTION 4.   Amendment to Section 8.6(f).  Section 8.6(f) of the Note Facility is hereby amended as of the Effective Date by replacing such Section in its entirety with the following:

(f)           Officer’s Certificate.  Each offer to prepay the Notes pursuant to this Section 8.6 shall be accompanied by a certificate, executed by a Responsible Officer of the Company and dated the date of such offer, specifying:  (i) the Proposed Prepayment Date; (ii) that such offer is made pursuant to this Section 8.6; (iii) the principal amount of each Note offered to be prepaid; (iv) the interest that would be due on each Note offered to be prepaid, accrued to the Proposed Prepayment Date; (v) the estimated Make-Whole

  

  

  

Amount due in connection with such prepayment (calculated as if the date of such certificate were the date of the prepayment), setting forth the details of such computation; (vi) that the conditions of this Section 8.6 have been fulfilled; and (vii) in reasonable detail, the nature and date of the Change in Control.

SECTION 5.   Amendment to Section 8.6.  Section 8.6 of the Note Facility is hereby amended by adding the following as a new subsection (g) at the end of such Section:

(g)           Make-Whole Amount Calculation.    Two Business Days prior to the Proposed Prepayment Date, the Company shall deliver to each holder of Notes to be prepaid a certificate, executed by a Responsible Officer of the Company specifying the calculation of such Make-Whole Amount as of the Proposed Prepayment Date.

SECTION 6.   Amendment to Section 11.  Section 11(e) of the Note Facility is hereby amended as of the Effective Date by replacing such Section in its entirety with the following:

(e)           The Company or any Restricted Subsidiary defaults (whether as primary obligor or as guarantor or other surety) in any payment of principal of or premium or make-whole amount or interest or fees on any Material Indebtedness beyond any period of grace provided with respect thereto; or an event or condition occurs that results in any Material Indebtedness (other than Indebtedness permitted under subsection 10.3(b)(vi)) becoming due (or one or more Persons are entitled to declare such Material Indebtedness to be due) prior to its scheduled maturity, or immediately and without satisfaction of any condition required to be prepaid, repurchased, redeemed or defeased prior to its scheduled maturity (or one or more Persons shall have the right to require the Company or any Restricted Subsidiary to so prepay, repurchase, redeem or defease such Material Indebtedness); provided that this clause (e) shall not apply to secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Indebtedness;

SECTION 7.   Amendment to definition of “Make-Whole Amount” in Schedule A.    The definition of “Make-Whole Amount” in Schedule A of the Note Facility is hereby amended by deleting the reference to “Section 8.6” and replacing it with a reference to “Section 8.8”.

SECTION 8.   Amendment to definition of “Material Indebtedness” in Schedule A.    The definition of “Material Indebtedness” in Schedule A of the Note Facility is hereby amended by deleting the amount “$100,000,000” and inserting in lieu thereof the amount “$150,000,000”.

SECTION 9.   Conditions to Effectiveness of Amendment.  This Amendment shall become effective on the date (the “Effective Date”) on which (i) the Amendment has been duly executed by the parties hereto, (ii) New York Life and the Holders have received reimbursement or payment of their reasonable and documented out-of-pocket costs and expenses incurred in connection with the Amendment (including reasonable fees, charges and disbursements of King & Spalding LLP, counsel to New York Life and the Holders) and (iii) an opinion in form and substance reasonably satisfactory to the Holders from Proskauer Rose LLP, special counsel for the Company, covering such matters incident to the transactions contemplated hereby as the Holders may reasonably request (and the Company hereby instructs its counsel to deliver such opinion to the Holders).

 

SECTION 10.   Representations and Warranties.  To induce New York Life and the Holders to enter into this Amendment, the Company hereby represents and warrants to New York Life and the Holders that:

  

  

  

(a)           The execution, delivery and performance by the Company of this Amendment (i) are within the Company’s requisite corporate or other applicable power and authority; (ii) have been duly authorized by all necessary corporate action; (iii) will not violate any Requirement of Law or Contractual Obligation of the Company or any if its Subsidiaries, except for such violations which, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect; (iv) will not result in, or require, the creation or imposition of any Lien on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation which, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect; and (v) will not require any consent or authorization of, filing with, notice to or other act by or in respect of, any Governmental Authority or any other Person with respect to the Company or any of its Restricted Subsidiaries except for such consents, authorizations, filings, notices or other acts which, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect;

 

(b)           This Amendment has been duly executed and delivered on behalf of the Company.  This Amendment constitutes or, upon execution and delivery thereof, will constitute, a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing; and

 

(c)           After giving effect to this Amendment and the replacement of Schedule 5.14 of the Note Facility with the updated schedule attached to the Request for Purchase, dated January 6, 2012, the representations and warranties contained in the Note Facility and the other Note Documents are true and correct in all material respects as of the Effective Date except to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date, and no Default or Event of Default has occurred and is continuing as of the date hereof.

 

SECTION 11.   Effects on Note Facility.  Except as specifically amended herein, the Note Facility shall continue to be in full force and effect and are hereby in all respects ratified and confirmed.

SECTION 12.   GOVERNING LAW; WAIVER OF JURY TRIAL.  THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY THE LAW OF THE STATE OF NEW YORK.  EACH PARTY HERETO HEREBY AGREES AS SET FORTH FURTHER IN SECTION 22.8 OF THE NOTE FACILITY AS IF SUCH SECTION WAS SET FORTH IN FULL HEREIN.

  

                            SECTION 13.   No Novation.  This Amendment is not intended by the parties to be, and shall not be construed to be, a novation of the Note Facility or an accord and satisfaction in regard thereto.

SECTION 14.   Note Document.  This Amendment shall constitute a “Note Document” for all purposes of the Note Facility and the other Note Documents.

SECTION 15.   Amendments; Execution in Counterparts.  This Amendment shall not constitute an amendment of any other provision of the Note Facility not referred to herein and shall not be construed as a waiver or consent to any further or future action on the part of the Company that would require a waiver or consent of the holders of the Notes or New York Life.  Except as expressly amended hereby, the provisions of the Note Facility are and shall remain in full force and effect.  This Amendment

  

  

  

may be executed in any number of counterparts and by the different parties hereto on separate counterparts, including by means of facsimile or electronic transmission, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument.

[Remainder of page intentionally left blank]

 

  

  

  

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their respective proper and duly authorized officers as of the day and year first above written.

                   HENRY SCHEIN, INC.,

                    as the Company

                   By: /s/ Ferdinand Jahnel

                   Name: Ferdinand Jahnel

                   Title: Vice President and Treasurer

 

  

  

  

                   NEW YORK LIFE INVESTMENT MANAGEMENT 

                   LLC

                   By: /s/ Christopher H. Carey

                   Name: Christopher H. Carey

                   Title: Managing Director

                   NEW YORK LIFE INSURANCE COMPANY

                   By: /s/ Christopher H. Carey

                   Name: Christopher H. Carey

                   Title: Vice President

                   NEW YORK LIFE INSURANCE AND ANNUITY 

                   CORPORATION

                   By: New York Life Investment Management LLC, its 

                   Investment Manager

                   By: /s/ Christopher H. Carey

                   Name: Christopher H. Carey

                   Title: Managing Director

                   NEW YORK LIFE INSURANCE AND ANNUITY 

                   CORPORATION INSTITUTIONALLY OWNED LIFE 

                   INSURANCE SEPARATE ACCOUNT (BOLI 3)

                   By: New York Life Investment Management LLC, its 

                   Investment Manager

                   By: /s/ Christopher H. Carey

                   Name: Christopher H. Carey

                   Title: Managing Director

 

[SIGNATURE PAGE TO FIRST AMENDMENT TO MASTER NOTE FACILITY]

  

  

                   NEW YORK LIFE INSURANCE AND ANNUITY 

                   CORPORATION INSTITUTIONALLY OWNED LIFE 

                   INSURANCE SEPARATE ACCOUNT (BOLI 3-2)

 

                   By: New York Life Investment Management LLC, its 

                   Investment Manager

                   By: /s/ Christopher H. Carey

                   Name: Christopher H. Carey

                   Title: Managing Director

                   NEW YORK LIFE INSURANCE AND ANNUITY 

                   CORPORATION INSTITUTIONALLY OWNED LIFE 

                   INSURANCE SEPARATE ACCOUNT (BOLI 30C)

 

                   By: New York Life Investment Management LLC, its 

                   Investment Manager

                   By: /s/ Christopher H. Carey

                   Name: Christopher H. Carey

                   Title: Managing Director

                   NEW YORK LIFE INSURANCE AND ANNUITY 

                   CORPORATION INSTITUTIONALLY OWNED LIFE 

                   INSURANCE SEPARATE ACCOUNT (BOLI 30D)

                   By: New York Life Investment Management LLC, its 

                   Investment Manager

                   By: /s/ Christopher H. Carey

                   Name: Christopher H. Carey

                   Title: Managing Director

                   NEW YORK LIFE INSURANCE AND ANNUITY 

                   CORPORATION INSTITUTIONALLY OWNED LIFE 

                   INSURANCE SEPARATE ACCOUNT (BOLI 30E)

                   By: New York Life Investment Management LLC, its 

                   Investment Manager

                   By: /s/ Christopher H. Carey

                   Name: Christopher H. Carey

                   Title: Managing Director

[SIGNATURE PAGE TO FIRST AMENDMENT TO MASTER NOTE FACILITY]

  

  

 

                   FORETHOUGHT LIFE INSURANCE COMPANY

 

                   By: Prudential Private Placement Investors,

                   L.P. (as Investment Advisor)

 

                   By: Prudential Private Placement Investors, Inc.

                   (as its General Partner)

 

                   By: /s/ Eric R. Seward

                   Name: Eric R. Seward

                   Title: Vice President

 

 

 

[SIGNATURE PAGE TO FIRST AMENDMENT TO MASTER NOTE FACILITY]

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