Document:

Exhibit

EXHIBIT 10.1

EXECUTION VERSION

CID #000004547

FIRST AMENDMENT TO CREDIT AGREEMENT 

THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Agreement”), dated as of December 21, 2015, is by and among RED ROBIN INTERNATIONAL, INC., a Nevada corporation (the “Borrower”), RED ROBIN GOURMET BURGERS, INC., a Delaware corporation (the “Parent”), the Guarantors, the Lenders party hereto, and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as administrative agent on behalf of the Lenders under the Credit Agreement (as hereinafter defined) (in such capacity, the “Administrative Agent”).

W I T N E S S E T H

WHEREAS, the Borrower, the Parent, the other Guarantors, the Lenders from time to time party thereto, and the Administrative Agent are parties to that certain Credit Agreement dated as of July 2, 2014 (as amended, modified, extended, restated, replaced, or supplemented from time to time, the “Credit Agreement”; capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed thereto in the Credit Agreement, as amended hereby);

WHEREAS, the Credit Parties have requested that the Lenders make certain amendments to the Credit Agreement as set forth herein; and

WHEREAS, the Lenders have agreed to amend the Credit Agreement subject to the terms and conditions set forth herein.

NOW, THEREFORE, in consideration of the agreements hereinafter set forth, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows:

ARTICLE I
AMENDMENTS TO CREDIT AGREEMENT

1.1    Amendment to “Commitment”.  The last sentence of the definition of “Commitment” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

The aggregate Commitments of all the Lenders on the First Amendment Effective Date is $325,000,000.

1.2    Amendment to “Federal Funds Rate”.  The definition of “Federal Funds Rate” in Section 1.1 of the Credit Agreement is hereby amended by inserting the following new sentence at the end thereof:

Notwithstanding the foregoing, if the Federal Funds Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

CHAR1\1441155v4

1.3    Amendment to “Guarantor”.  The definition of “Guarantor” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

“Guarantor” shall mean (a) the Parent, (b) each Domestic Subsidiary of the Parent identified as a “Guarantor” on the signature pages hereto, (c) each Additional Credit Party (other than Liquor License Subsidiaries and Immaterial Subsidiaries) which executes a Joinder Agreement, (d) with respect to (i) all existing or future payment and other obligations owing by any Credit Party under any Secured Hedging Agreement and any Secured Cash Management Agreement, and (ii) any Swap Obligation of a Specified Credit Party (determined before giving effect to Section 10.1 and 10.10) under the Guaranty, the Borrower, and (e) the successors and permitted assigns of the foregoing.

1.4    Amendment to “LIBOR Rate”.  The definition of “LIBOR Rate” in Section 1.1 of the Credit Agreement is hereby amended by inserting the following new sentence at the end thereof:

Notwithstanding the foregoing, if the LIBOR Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

1.5    Amendment to “Sanctioned Country”.  The definition of “Sanctioned Country” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

“Sanctioned Country” shall mean at any time, a country or territory which is itself the subject or target of any Sanctions (including, without limitation, Cuba, Iran, North Korea, Sudan and Syria).

1.6    Amendment to “Sanctioned Person”.  The definition of “Sanctioned Person” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

“Sanctioned Person” shall mean, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by OFAC, the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authority, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person owned or controlled by any such Person or Persons described in clauses (a) and (b).

1.7    Amendments to Section 1.1.  Section 1.1 of the Credit Agreement is hereby amended by inserting the following new definitions in the appropriate alphabetical order therein:

“Anti-Corruption Laws” shall mean all laws, rules, and regulations of any jurisdiction applicable to the Borrower or its Subsidiaries from time to time concerning or relating to bribery or corruption, including, without limitation, the United States Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder.
“First Amendment Effective Date” shall mean December 21, 2015.
“Sanctions” shall mean economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by the U.S. government (including those administered by OFAC), the European Union, Her Majesty’s Treasury, or other relevant sanctions authority.
1.8    Amendment to Section 2.1(a).  The reference to “TWO HUNDRED FIFTY MILLION DOLLARS ($250,000,000)” in the first sentence of Section 2.1(a) of the Credit Agreement is hereby amended to read “THREE HUNDRED TWENTY FIVE MILLION DOLLARS ($325,000,000)”.

CHAR1\1441155v4

1.9    Amendment to Section 2.5.  The reference to “$100,000,000” in the first sentence of Section 2.5 of the Credit Agreement is hereby amended to read “$25,000,000”.
1.10    Amendment to Section 3.27.  Section 3.27 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
Section 3.27    Anti-Corruption Laws and Sanctions.
None of (a) any Credit Party, any or their Subsidiaries or, to the knowledge of any such Credit Party any such Subsidiary, any of their respective directors, officers, employees or affiliates, or (b) to the knowledge of any Credit Party, any agent or representative of any Credit Party or any of their Subsidiaries that will act in any capacity in connection with or benefit from the credit facility established hereby, (i) is a Sanctioned Person or currently the subject or target of any Sanctions or (ii) has taken any action, directly or indirectly, that would result in a violation by such Persons of any Anti-Corruption Laws.
1.11    Amendment to Section 3.28.  Section 3.28 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
Section 3.28    [Reserved].
1.12    Amendment to Article V.  Article V of the Credit Agreement is hereby amended by inserting the following new Section 5.17 at the end thereof:
Section 5.17    Compliance with Anti-Corruption Laws and Sanctions.
(a)    The Borrower will not request any Extension of Credit, and the Borrower shall not use, and shall ensure that no Credit Party and none of their Subsidiaries or their respective directors, officers, employees and agents use, the proceeds of any Extension of Credit (i) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws, (ii) for the purpose of funding, financing or facilitating any activities, business or transaction of or with any Sanctioned Person, or in any Sanctioned Country, or (iii) in any manner that would result in the violation of any Sanctions applicable to any party hereto.
(b)    The Credit Parties will maintain in effect and enforce policies and procedures designed to promote and achieve compliance in all material respects by each such Credit Party, their Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions.
1.13    Amendment to Article IX.  Article IX of the Credit Agreement is hereby amended by inserting the following new Section 9.20 at the end thereof:
Section 9.20    No Advisory or Fiduciary Relationship.
(a)    In connection with all aspects of each transaction contemplated hereby, each Credit Party acknowledges and agrees, and acknowledges its Affiliates’ understanding, that (i) the facilities provided for hereunder and any related arranging or other services in connection therewith (including in connection with any amendment, waiver or other 

CHAR1\1441155v4

modification hereof or of any other Credit Document) are an arm’s-length commercial transaction between the Borrower and its Affiliates, on the one hand, and the Administrative Agent, the Arrangers and the Lenders, on the other hand, and the Borrower is capable of evaluating and understanding and understands and accepts the terms, risks and conditions of the transactions contemplated hereby and by the other Credit Documents (including any amendment, waiver or other modification hereof or thereof), (ii) in connection with the process leading to such transaction, each of the Administrative Agent, the Arrangers and the Lenders is and has been acting solely as a principal and is not the financial advisor, agent or fiduciary, for the Borrower or any of its Affiliates, stockholders, creditors or employees or any other Person, (iii) none of the Administrative Agent, the Arrangers or the Lenders has assumed or will assume an advisory, agency or fiduciary responsibility in favor of the Borrower with respect to any of the transactions contemplated hereby or the process leading thereto, including with respect to any amendment, waiver or other modification hereof or of any other Credit Document (irrespective of whether any Arranger or Lender has advised or is currently advising the Borrower or any of its Affiliates on other matters) and none of the Administrative Agent, the Arrangers or the Lenders has any obligation to the Borrower or any of its Affiliates with respect to the financing transactions contemplated hereby except those obligations expressly set forth herein and in the other Credit Documents, (iv) the Arrangers and the Lenders and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from, and may conflict with, those of the Borrower and its Affiliates, and none of the Administrative Agent, the Arrangers or the Lenders has any obligation to disclose any of such interests by virtue of any advisory, agency or fiduciary relationship, and (v) the Administrative Agent, the Arrangers and the Lenders have not provided and will not provide any legal, accounting, regulatory or tax advice with respect to any of the transactions contemplated hereby (including any amendment, waiver or other modification hereof or of any other Credit Document) and the Credit Parties have consulted their own legal, accounting, regulatory and tax advisors to the extent they have deemed appropriate.
(b)    Each Credit Party acknowledges and agrees that each Lender, the Arrangers and any Affiliate thereof may lend money to, invest in, and generally engage in any kind of business with, any of the Borrower, the Parent, any Affiliate thereof or any other person or entity that may do business with or own securities of any of the foregoing, all as if such Lender, Arranger or Affiliate thereof were not a Lender or Arranger or an Affiliate thereof (or an agent or any other person with any similar role under the Revolving Credit Facility) and without any duty to account therefor to any other Lender, the Arrangers, the Parent, the Borrower or any Affiliate of the foregoing.  Each Lender, the Arrangers and any Affiliate thereof may accept fees and other consideration from the Parent, the Borrower or any Affiliate thereof for services in connection with this Agreement, the Revolving Credit Facility or otherwise without having to account for the same to any other Lender, the Arrangers, the Parent, the Borrower or any Affiliate of the foregoing, provided that nothing in this Section shall modify, limit or invalidate any agreement between any of the Arrangers, the Lenders or the Affiliates thereof for payment of fees or other consideration related to this Agreement or the Revolving Credit Facility.
1.14    Amendment to Schedule 1.1(a).  Schedule 1.1(a) to the Credit Agreement is hereby amended in its entirety to read in the form of Schedule 1.1(a) attached this Agreement.

CHAR1\1441155v4

ARTICLE II
CONDITIONS

2.1    Closing Conditions.  This Agreement shall become effective upon the satisfaction of the following conditions precedent:

(a)    Execution of Agreement.  The Administrative Agent shall have received a copy of this Agreement duly executed by the Borrower, the other Credit Parties, the Administrative Agent and the Required Lenders (including each Lender providing an increase to its Commitment under the Revolving Credit Facility).

(b)    Authority Documents.  The Administrative Agent shall have received:

(i)    copies of the articles of incorporation or other charter documents, as applicable, of each Credit Party, certified by a secretary or assistant secretary of such Credit Party and, to the extent any changes have been made to such articles of incorporation or other charter documents since the Closing Date, the appropriate Governmental Authority of the state of each such Credit Party’s organization, in each case, to be true and complete as of a recent date;

(ii)    copies of resolutions of the board of directors (or other appropriate governing body) of each Credit Party approving and adopting this Agreement, the transactions contemplated herein and authorizing execution and delivery thereof, certified by a secretary or assistant secretary of such Credit Party as of the date hereof to be true and correct and in force and effect as of such date;

(iii)    a copy of the bylaws or comparable operating agreement of each Credit Party certified by a secretary or assistant secretary of such Credit Party as of the date hereof to be true and correct and in force and effect as of such date;

(iv)    copies of certificates of good standing, existence or its equivalent with respect to each Credit Party certified as of a recent date by the appropriate Governmental Authorities of each Credit Party’s state of organization; and

(v)    an incumbency certificate of each Credit Party certified by a secretary or assistant secretary to be true and correct as of the date hereof (or otherwise certifying that no changes have been made to the incumbency certificate delivered by such Credit Party as of the Closing Date).

(c)    Officer’s Certificate.  The Administrative Agent shall have received from the Borrower an officer’s certificate in form and substance reasonably satisfactory to the Administrative Agent demonstrating that, as of the date hereof and after giving effect to this Agreement (and the increase of the Commitments hereunder) on a Pro Forma Basis, the Credit Parties will be in compliance with the financial covenants set forth in Section 5.9 of the Credit Agreement, and no Default or Event of Default shall exist.

(d)    Legal Opinions of Counsel.  The Administrative Agent shall have received opinions of legal counsel for the Credit Parties, dated the date hereof and addressed to the Administrative Agent and the Lenders in form and substance reasonably acceptable to the Administrative Agent.

CHAR1\1441155v4

(e)    Fees and Out of Pocket Costs.  The Administrative Agent shall have received upfront fees for the account of each Lender providing an increase to its Commitment under the Revolving Credit Facility and the Borrower shall have paid any and all reasonable, documented out-of-pocket costs incurred by the Administrative Agent (including the fees and expenses Moore & Van Allen, PLLC as legal counsel to the Administrative Agent) and all other fees and amounts required to be paid to the Administrative Agent in connection with this Agreement to the extent invoiced prior to the date hereof.

ARTICLE III 
MISCELLANEOUS

3.1    Amended Terms.  On and after the date hereof, all references to the Credit Agreement in each of the Credit Documents shall hereafter mean the Credit Agreement as amended by this Agreement.  Except as specifically amended hereby or otherwise agreed, the Credit Agreement is hereby ratified and confirmed and shall remain in full force and effect according to its terms.

3.2    Representations and Warranties of Credit Parties.  Each of the Credit Parties represents and warrants as follows:

(a)    Each of the Credit Parties has full corporate power, authority and right to execute, deliver and perform this Agreement and has taken all necessary limited liability company or corporate action to authorize the execution, delivery and performance by it of this Agreement.

(b)    This Agreement has been duly executed and delivered on behalf of each of the Credit Parties.  This Agreement constitutes a legal, valid and binding obligation of each of the Credit Parties, enforceable against such Credit Party in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law).

(c)    No consent or authorization of, filing with, notice to or other act by or in respect of, any Governmental Authority or any other Person is required in connection with the execution, delivery or performance of this Agreement by the Credit Parties (other than those which have been obtained) or with the validity or enforceability of this Agreement against the Credit Parties.

(d)    The representations and warranties made by the Credit Parties in the Credit Agreement, in the Security Documents or which are contained in any certificate furnished at any time under or in connection with the Credit Agreement are true and correct on and as of the date hereof as if made on and as of such date, except for representations and warranties expressly stated to relate to a specific earlier date.

(e)    No Default or Event of Default has occurred and is continuing on the date hereof.

(f)    The Security Documents continue to create a valid security interest in, and Lien upon, the Collateral purported to be covered thereby, in favor of the Administrative Agent, for the benefit of the holders of the Secured Obligations, which security interests and Liens are perfected in accordance with the terms of the Security Documents and prior to all Liens other than Permitted Liens.

CHAR1\1441155v4

(g)    The Obligations of the Credit Parties are not reduced or modified by this Agreement and, as of the date hereof, are not subject to any offsets, defenses or counterclaims.

3.3    Reaffirmation of Obligations.  Each Credit Party hereby ratifies the Credit Agreement, as amended hereby, and each other Credit Document to which it is a party and acknowledges and reaffirms (a) that it is bound by all terms of the Credit Agreement, as amended hereby, and each other Credit Document to which it is a party applicable to it and (b) that it is responsible for the observance and full performance of its respective obligations under the Credit Documents.

3.4    Credit Document.  This Agreement shall constitute a Credit Document under the terms of the Credit Agreement.

3.5    Entirety.  This Agreement and the other Credit Documents embody the entire agreement among the parties hereto and supersede all prior agreements and understandings, oral or written, if any, relating to the subject matter hereof.

3.6    Expenses.  The Borrower agrees to pay all reasonable costs and expenses of the Administrative Agent in connection with the preparation, execution and delivery of this Agreement, including without limitation the reasonable fees and expenses of the Administrative Agent’s legal counsel.

3.7    Counterparts; Electronic Execution.  This Agreement may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract.  Delivery of an executed signature page of this Agreement by facsimile transmission or other electronic means shall be effective as delivery of a manually executed counterparty hereof.

3.8    GOVERNING LAW.  THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK (INCLUDING SECTION 5-1401 AND SECTION 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK) WITHOUT REGARD TO CONFLICTS OR CHOICE OF LAW PRINCIPLES THAT WOULD REQUIRE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

3.9    Successors and Assigns.  This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective permitted successors and assigns.

3.10    Consent to Jurisdiction; Service of Process; Waiver of Jury Trial.  The jurisdiction, services of process and waiver of jury trial provisions set forth in Section 9.14 and Section 9.17 of the Credit Agreement and the limitation of liability provisions of Section 9.5(b) of the Credit Agreement are hereby incorporated by reference, mutatis mutandis.

[Signature pages to follow]

CHAR1\1441155v4

IN WITNESS WHEREOF the parties hereto have caused this Agreement to be duly executed on the date first above written.
BORROWER:                
RED ROBIN INTERNATIONAL, INC., 
a Nevada corporation 
By:     /s/ Stuart B. Brown                
Name:    Stuart B. Brown
Title:    President and Treasurer

GUARANTORS:            
RED ROBIN GOURMET BURGERS, INC., 
a Delaware corporation 
By:     /s/ Stuart B. Brown                
Name:    Stuart B. Brown
Title:    Senior Vice President and Chief Financial Officer
    
RED ROBIN WEST, INC.,
a Nevada corporation 
By:     /s/ Stuart B. Brown                
Name:    Stuart B. Brown
Title:    President and Treasurer

WESTERN FRANCHISE DEVELOPMENT, INC.,
a California corporation
By:     /s/ Stuart B. Brown                
Name:    Stuart B. Brown
Title:    President and Treasurer
    
RED ROBIN DISTRIBUTING COMPANY LLC,
a Nevada limited liability company
By:     /s/ Stuart B. Brown                
Name:    Stuart B. Brown
Title:    Manager

NORTHWEST ROBINS, L.L.C.,
a Washington limited liability company
By:     /s/ Stuart B. Brown                
Name:    Stuart B. Brown
Title:    President and Treasurer

FIRST AMENDMENT TO CREDIT AGREEMENT
RED ROBIN INTERNATIONAL, INC.

RED ROBIN EXPRESS, LLC,
Colorado limited liability company
By:     /s/ Stuart B. Brown                
Name:    Stuart B. Brown
Title:    Manager

RED ROBIN NORTH HOLDINGS, INC., 
a Nevada corporation 
By:     /s/ Stuart B. Brown                
Name:    Stuart B. Brown
Title:    President and Treasurer

FIRST AMENDMENT TO CREDIT AGREEMENT
RED ROBIN INTERNATIONAL, INC.

ADMINISTRATIVE AGENT
AND LENDERS:            
WELLS FARGO BANK, NATIONAL ASSOCIATION,
as Administrative Agent and a Lender
By:     /s/ Stephen A. Leon            
Name:    Stephen A. Leon
Title:    Managing Director

FIRST AMENDMENT TO CREDIT AGREEMENT
RED ROBIN INTERNATIONAL, INC.

BANK OF AMERICA, N.A., 
as a Lender
By:     /s/ Anthony Luppino            
Name:    Anthony Luppino
Title:    Vice President
    

FIRST AMENDMENT TO CREDIT AGREEMENT
RED ROBIN INTERNATIONAL, INC.

COMPASS BANK, 
as a Lender
By:     /s/ James T. Short        
Name:    James T. Short
Title:    EVP/ Director of Food Franchise

FIRST AMENDMENT TO CREDIT AGREEMENT
RED ROBIN INTERNATIONAL, INC.

U.S. BANK NATIONAL ASSOCIATION, 
as a Lender
By:     /s/ Jeff Benedix        
Name:    Jeff Benedix
Title:    Vice President

FIRST AMENDMENT TO CREDIT AGREEMENT
RED ROBIN INTERNATIONAL, INC.

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A., “RABOBANK NEDERLAND”, NEW YORK BRANCH, 
as a Lender
By:     /s/ Jeff Geisbauer        
Name:    Jeff Geisbauer
Title:    Executive Director
                    
By:     /s/Bert Corum        
Name:    Bert Corum
Title:    Executive Director

FIRST AMENDMENT TO CREDIT AGREEMENT
RED ROBIN INTERNATIONAL, INC.

Schedule 1.1(a)

COMMITMENTS AND COMMITMENT PERCENTAGES

	
			
	Lender
	Commitment
	Commitment Percentage

	Wells Fargo Bank, National Association
	$86,666,667.10
	26.666666800%

	Bank of America, N.A.
	$86,666,667.10
	26.666666800%

	Compass Bank
	$50,555,555.70
	15.555555600%

	U.S. Bank National Association
	$50,555,555.70
	15.555555600%

	Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland”, New York Branch
	$50,555,555.70
	15.555555600%

	TOTALS
	$325,000,000.00
	100.000000000%

CHAR1\1441155v4EX-10.1

 EXHIBIT 10.1 

SECOND MODIFICATION AGREEMENT 

This SECOND MODIFICATION AGREEMENT (this “Agreement”) is made as of December     , 2015, by and
among (i) CENTURY COMMUNITIES, INC., a Delaware corporation (“Borrower”), (ii) the undersigned Guarantors, (iii) the undersigned Lenders, and (iv) TEXAS CAPITAL BANK, NATIONAL ASSOCIATION, a
national banking association, as Administrative Agent (“Administrative Agent”).  
 W I T
N E S S E T H : 
 WHEREAS, Administrative Agent, Borrower and Lenders are parties
to that certain Credit Agreement (as amended, the “Credit Agreement”), dated October 21, 2014, which established a revolving line of credit in the maximum principal sum of $120,000,000.00 (the “Credit
Facility”); and 
 WHEREAS, the Credit Facility Amount was increased from $120,000,000.00 to $200,000,000.00, pursuant to that
certain First Modification Agreement (the “First Modification Agreement”), dated July 31, 2015, by and among Administrative Agent, Borrower, the Guarantors and the Lenders; and 

WHEREAS, Borrower desires to increase the Credit Facility Amount from $200,000,000.00 to $300,000,000.00, pursuant to Section 7 of the
First Modification Agreement; and 
 WHEREAS, Borrower asked each Lender to increase its respective Commitment, and certain Lenders are
willing to increase their respective Commitments, subject to the terms and conditions of this Agreement; and 
 WHEREAS, Borrower asked
Compass Bank, an Alabama Banking Corporation (“Compass Bank”) to become a Lender, and Compass Bank is willing to become a Lender, and make a Commitment of up to $30,000,000.00, subject to the terms and conditions of this Agreement;
and 
 WHEREAS, Borrower asked U.S. Bank National Association (“U.S. Bank”) to become a Lender, and U.S. Bank is willing to
become a Lender, and make a Commitment of up to $20,000,000.00, subject to the terms and conditions of this Agreement; and 
 WHEREAS,
Administrative Agent, Borrower, the undersigned Guarantors, and the undersigned Lenders now propose to increase certain Commitments and to modify certain of the terms and provisions of the Credit Agreement and the other related documents executed by
Borrower or third parties pertaining to, evidencing or securing the Credit Facility (collectively, the “Loan Documents”). 

  
 SECOND MODIFICATION
AGREEMENT - Page 1 

 NOW, THEREFORE, for and in consideration of the premises and the mutual covenants and agreements
contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Administrative Agent, Borrower, the undersigned Guarantors, and the undersigned Lenders hereby agree as follows: 

1. Definitions. All terms used herein with initial capital letters, but not defined herein, shall have the meanings specified in the
Credit Agreement. 
 2. Joinder of Compass Bank. Compass Bank agrees to assume, and does hereby assume, the obligations of a Lender
under the Credit Agreement. Compass Bank agrees to abide by and be bound by all of the terms of the Credit Agreement applicable to Lenders. Accordingly, the Credit Agreement is hereby amended such that any and all references to the
“Lenders” shall be deemed to refer to Compass Bank, as well as each of the parties that have previously been included within the meaning of such term. 

3. Joinder of U.S. Bank. U.S. Bank agrees to assume, and does hereby assume, the obligations of a Lender under the Credit Agreement.
U.S. Bank agrees to abide by and be bound by all of the terms of the Credit Agreement applicable to Lenders. Accordingly, the Credit Agreement is hereby amended such that any and all references to the “Lenders” shall be deemed to refer to
U.S. Bank, as well as each of the parties that have previously been included within the meaning of such term. 
 4. Credit Facility
Amount. Pursuant to Section 7 of the First Modification Agreement, the Credit Facility Amount is hereby increased from $200,000,000.00 to $300,000,000.00. The Increase Effective Date, as such term is used in Section 2.10(d) of
the Credit Agreement, is the date of this Agreement. 
 5. Commitments and Applicable Percentages. As a result of the increase in the
Credit Facility Amount, and the addition of Compass Bank and U.S. Bank as Lenders, Schedule 2.1 of the Credit Agreement is hereby revised and replaced in its entirety with Schedule 2.1 attached hereto, and Lenders’ respective Commitments
and Applicable Percentages are revised as set forth therein. 
 6. Increase Fee. As consideration for the increase in the Credit
Facility Amount, contemporaneously with the execution and delivery of this Agreement, Borrower shall pay to Administrative Agent, a non-refundable fee as described in Section 2.10(e) of the Credit Agreement, which fee shall be distributed among
Lenders in accordance with the Credit Agreement. 
 7. Additional Notes. To evidence the increase in the Credit Facility Amount,
contemporaneously with the execution and delivery of this Agreement, Borrower shall execute and deliver the following promissory notes, which promissory notes shall (i) be dated of even date with this Agreement, (ii) be substantially in
the form of Exhibit E attached to the Credit Agreement, (iii) each be considered a Note, as defined in the Credit Agreement, in addition to all other Notes previously executed by Borrower in connection with the Credit Agreement: 

(a) Note in the principal sum of $30,000,000.00, payable to the order of Compass Bank, an Alabama Banking Corporation; 

  
 SECOND MODIFICATION
AGREEMENT - Page 2 

 (b) Note in the principal sum of $20,000,000.00, payable to the order of Texas
Capital Bank, National Association; 
 (c) Note in the principal sum of $20,000,000.00, payable to the order of Fifth Third
Bank; 
 (d) Note in the principal sum of $20,000,000.00, payable to the order of U.S. Bank National Association; and 

(e) Note in the principal sum of $10,000,000.00, payable to the order of Bank of America, N.A. 

8. Additional Requests for Increase. The option to increase the Commitments set forth in Section 7 of the First Modification
Agreement was fully exercised pursuant to Section 3 of this Agreement, and is therefore extinguished and of no further force or effect. From and after the date of this Agreement, provided there exists no Default, upon notice to
Administrative Agent (which shall promptly notify Lenders), Borrower may from time to time, request an additional increase in the Credit Facility Amount and the aggregate Commitments by an amount (for all such requests) not exceeding
$100,000,000.00; provided that (i) any such request for an increase shall be in a minimum amount of $20,000,000.00, and (ii) Borrower may make a maximum of three such requests. At the time of sending such notice, Borrower (in
consultation with Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to Lenders). Any such request for
an increase pursuant to this paragraph shall be subject to the terms and conditions set forth in Section 2.10(b) through (f) of the Credit Agreement. 

9. Fee Letter. Borrower and Texas Capital Bank, National Association, entered into that certain Fee Letter, dated November 10,
2015 (the “November 2015 Fee Letter”), which November 2015 Fee Letter supplements (a) the Fee Letter described in the Credit Agreement, and (b) that certain Fee Letter, dated July 14, 2015, between Borrower and Texas
Capital Bank, National Association (the “July 2015 Fee Letter”). Borrower agrees to pay to Administrative Agent and Arranger, for the account of Administrative Agent, Arranger and each Lender, as applicable, fees, in the amounts and
on the dates set forth in the Fee Letter, as supplemented by the July 2015 Fee Letter and the November 2015 Fee Letter. 
 10. Triggering
Event. The following definition is hereby added to Section 1.1 of the Credit Agreement: 
 “Triggering
Event” means a Permitted Acquisition by Borrower of an entity with total tangible assets in excess of $150,000,000. 
 11.
Leverage Ratio. Section 9.1 of the Credit Agreement is hereby revised and replaced in entirety as follows: 
 Borrower shall not
permit, as of the last day of any fiscal quarter, the Leverage Ratio to be greater than 

  
 SECOND MODIFICATION
AGREEMENT - Page 3 

 
1.50 to 1.0. Notwithstanding the foregoing, the maximum permitted Leverage Ratio is subject to automatic adjustment as follows: 

(a) Following the occurrence of a Triggering Event, Borrower shall not permit, as of the last day of any fiscal quarter, the Leverage Ratio to
be greater than 1.75 to 1.0; 
 (b) Following the commencement of the fourth full fiscal quarter after the Triggering Event, Borrower shall
not permit, as of the last day of any fiscal quarter, the Leverage Ratio to be greater than 1.60 to 1.0; and 
 (c) Following the
commencement of the sixth full fiscal quarter after the Triggering Event, Borrower shall not permit, as of the last day of any fiscal quarter, the Leverage Ratio to be greater than 1.50 to 1.0. 

12. Tangible Net Worth. Section 9.3 of the Credit Agreement is hereby revised and replaced in entirety as follows: 

Borrower shall not permit, as of the last day of any fiscal quarter, Tangible Net Worth for Borrower and its Subsidiaries, on a consolidated
basis, to be less than the sum of (a) $266,328,500, plus (b) 50% of the net proceeds of any issuances of stock or other equity interests of any Obligated Party (other than to another Obligated Party) after the Closing Date,
plus (c) 50% of the amount of net income of Borrower and its subsidiaries, on a consolidated basis (but without deduction for any net loss), for each fiscal quarter ending after September 30, 2015. 

13. Risk Asset Ratio. Section 9.5 of the Credit Agreement is hereby revised and replaced in entirety as follows: 

Borrower shall not permit, as of the last day of any fiscal quarter, the Risk Asset Ratio to be greater than 1.25 to 1.0. Notwithstanding the
foregoing, the maximum permitted Risk Asset Ratio is subject to automatic increase as set forth in the following sentence. Following the occurrence of a Triggering 

  
 SECOND MODIFICATION
AGREEMENT - Page 4 

 
Event, Borrower shall not permit, as of the last day of any fiscal quarter, the Risk Asset Ratio to be greater than 1.50 to 1.0. 

14. Real Estate Subsidiaries. Borrower represents and warrants that, as of the date of this Agreement, Borrower has no Real Estate
Subsidiaries other than those listed on Schedule 6.13 attached hereto, and Schedule 6.13 sets forth the jurisdiction of incorporation or organization of each such Real Estate Subsidiary and the percentage of Borrower’s
ownership interest in such Real Estate Subsidiary. 
 15. Borrowing Base Report. The form of Borrowing Base Report attached to the
Credit Agreement as Exhibit B, is hereby revised and replaced in its entirety with the form of Borrowing Base Report attached hereto as Exhibit B. 

16. Compliance Certificate. The form of Compliance Certificate attached to the Credit Agreement as Exhibit C, is hereby revised and
replaced in its entirety with the form of Compliance Certificate attached hereto as Exhibit C. 
 17. Bond Indenture. Borrower
represents and warrants to Administrative Agent and Lenders that (a) Borrower is not in default and no event has occurred which, with the passage of time, giving of notice, or both, would constitute a default by Borrower of its obligations
under the terms and provisions of the Bond Indenture, and (b) the transactions contemplated by this Agreement will not violate the terms and conditions of the Bond Indenture. 

18. Resolutions. Contemporaneously with the execution and delivery of this Agreement, Borrower shall deliver to Administrative Agent, a
copy of resolutions duly adopted by Borrower, approving the transactions contemplated by this Agreement, and certified by an officer of Borrower to be a true and correct. 

19. Documentation Agent and Syndication Agent. Bank of America, N.A is hereby designated as the Documentation Agent (the
“Documentation Agent”). Fifth Third Bank is hereby designated as the Syndication Agent (the “Syndication Agent”). Notwithstanding anything herein which may be construed to the contrary, neither the Documentation
Agent nor the Syndication Agent shall have any rights or responsibilities under this Agreement or the Credit Agreement, other than their respective rights and responsibilities as Lenders. 

20. Acknowledgment by Borrower. Except as otherwise specified herein, the terms and provisions hereof shall in no manner impair, limit,
restrict or otherwise affect the obligations of Borrower or any third party to Administrative Agent and Lenders, as evidenced by the Loan Documents. Borrower hereby acknowledges, agrees and represents that (i) Borrower is indebted to Lenders
pursuant to the terms of the Notes; (ii) there are no claims or offsets against, or defenses or counterclaims to, the terms or provisions of the Loan Documents, and the other obligations created or evidenced by the Loan Documents;
(iii) Borrower has no claims, offsets, defenses or counterclaims arising from any of Administrative Agent’s or Lenders’ acts or omissions with respect to the Loan Documents or Administrative Agent’s or Lenders’ performance
under the Loan Documents; (iv) the representations and warranties of Borrower contained in the Loan Documents are true and correct as of the date hereof, except to the extent 

  
 SECOND MODIFICATION
AGREEMENT - Page 5 

 
that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date; (v) Borrower is not in default and no event
has occurred which, with the passage of time, giving of notice, or both, would constitute a default by Borrower of its obligations under the terms and provisions of the Loan Documents, and (vi) neither Administrative Agent nor Lenders are in
default and no event has occurred which, with the passage of time, giving of notice, or both, would constitute a default by Administrative Agent or Lenders of their respective obligations under the terms and provisions of the Loan Documents. To the
extent Borrower now has any claims, offsets, defenses or counterclaims against Administrative Agent or Lenders or the repayment of all or a portion of the Credit Facility, whether known or unknown, fixed or contingent, same are hereby forever
irrevocably waived and released in their entirety. 
 21. No Waiver of Remedies. Except as may be expressly set forth herein, nothing
contained in this Agreement shall prejudice, act as, or be deemed to be a waiver of any right or remedy available to Administrative Agent or Lenders by reason of the occurrence or existence of any fact, circumstance or event constituting a default
under the Loan Documents. 
 22. Joinder of Guarantor. By its execution hereof, each Guarantor hereby (i) acknowledges and
consents to the terms and provisions hereof; (ii) ratifies and confirms the Guaranty, including all interest and costs of collection, to or for the benefit of Administrative Agent and Lenders; (iii) agrees that the Guaranty is and shall
remain in full force and effect and that the terms and provisions of the Guaranty cover and pertain to the Credit Facility, Notes and other Loan Documents as modified hereby; (iv) acknowledges that there are no claims or offsets against, or
defenses or counterclaims to, the terms and provisions of the Guaranty or the other obligations created and evidenced by the Guaranty; (v) certifies that the representations and warranties contained in the Guaranty remain true and correct
representations and warranties of Guarantor as of the date hereof; and (vi) acknowledges that Administrative Agent and Lenders have satisfied and performed their covenants and obligations under the Guaranty and the other Loan Documents, and
that no action or failure to act by or on behalf of, Administrative Agent or Lenders has or will give rise to any cause of action or other claim against Administrative Agent or Lenders for breach of the Guaranty or other Loan Documents or otherwise.

 23. Costs and Expenses. Contemporaneously with the execution and delivery hereof, Borrower shall pay, or cause to be paid, all
costs and expenses incident to the preparation, execution and recordation hereof and the consummation of the transaction contemplated hereby, including, but not limited to, reasonable fees and expenses of legal counsel to Administrative Agent. 

24. Additional Documentation. From time to time, Borrower shall execute or procure and deliver to Administrative Agent such other and
further documents and instruments evidencing, securing or pertaining to the Credit Facility or the Loan Documents as shall be reasonably requested by Administrative Agent so as to evidence or effect the terms and provisions hereof. Borrower shall
cause to be delivered to Administrative Agent, an opinion of counsel, satisfactory to Administrative Agent, opining to (i) the validity and enforceability of this Agreement and the other Loan Documents executed on this date in connection with
the transaction contemplated hereby; (ii) the authority of Borrower, and any constituents of Borrower, to execute, deliver and perform its or their respective obligations under the Loan 

  
 SECOND MODIFICATION
AGREEMENT - Page 6 

 
Documents, as hereby modified; and (iii) such other matters as reasonably requested by Administrative Agent. 

25. Effectiveness of the Loan Documents. Except as expressly modified by the terms and provisions hereof, each of the terms and
provisions of the Loan Documents are hereby ratified and shall remain in full force and effect; provided, however, that any reference in any of the Loan Documents to the Credit Facility, the amount constituting the Credit Facility, any defined
terms, or to any of the other Loan Documents shall be deemed, from and after the date hereof, to refer to the Credit Facility, the amount constituting the Credit Facility, defined terms and to such other Loan Documents, as modified hereby. 

26. Governing Law. THE TERMS AND PROVISIONS HEREOF SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
TEXAS, EXCEPT AS OTHERWISE EXPRESSLY PROVIDED HEREIN. 
 27. Time. Time is of the essence in the performance of the covenants
contained herein and in the Loan Documents. 
 28. Binding Agreement. This Agreement shall be binding upon the successors and assigns
of the parties hereto; provided, however, the foregoing shall not be deemed or construed to (i) permit, sanction, authorize or condone the assignment of any rights, titles or interests in and to Borrower, or (ii) confer any right, title,
benefit, cause of action or remedy upon any person or entity not a party hereto, which such party would not or did not otherwise possess. 

29. Headings. The section headings hereof are inserted for convenience of reference only and shall in no way alter, amend, define or be
used in the construction or interpretation of the text of such section. 
 30. Construction. Whenever the context hereof so requires,
reference to the singular shall include the plural and likewise, the plural shall include the singular; words denoting gender shall be construed to mean the masculine, feminine or neuter, as appropriate; and specific enumeration shall not exclude
the general, but shall be construed as cumulative of the general recitation. 
 31. Severability. If any clause or provision of this
Agreement is or should ever be held to be illegal, invalid or unenforceable under any present or future law applicable to the terms hereof, then and in that event, it is the intention of the parties hereto that the remainder of this Agreement shall
not be affected thereby, and that in lieu of each such clause or provision of this Agreement that is illegal, invalid or unenforceable, such clause or provision shall be judicially construed and interpreted to be as similar in substance and content
to such illegal, invalid or unenforceable clause or provision, as the context thereof would reasonably suggest, so as to thereafter be legal, valid and enforceable. 

32. Counterparts. To facilitate execution, this Agreement may be executed in as many counterparts as may be convenient or required. It
shall not be necessary that the signature and acknowledgment of, or on behalf of, each party, or that the signature and acknowledgment of all persons required to bind any party, appear on each counterpart. All counterparts shall collectively
constitute a single instrument. It shall not be necessary in making proof of this 

  
 SECOND MODIFICATION
AGREEMENT - Page 7 

 
Agreement to produce or account for more than a single counterpart containing the respective signatures of, or on behalf of, each of the parties hereto. Any signature page to any counterpart may
be detached from such counterpart without impairing the legal effect of the signatures thereon and thereafter attached to another counterpart identical thereto except having attached to it additional signature pages. 

33. Notice of Final Agreement. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS EMBODY THE FINAL, ENTIRE AGREEMENT AMONG THE
PARTIES HERETO AND THERETO AND SUPERSEDE ANY AND ALL PRIOR COMMITMENTS, AGREEMENTS, REPRESENTATIONS, AND UNDERSTANDINGS, WHETHER WRITTEN OR ORAL, RELATING TO THE SUBJECT MATTER HEREOF AND THEREOF AND MAY NOT BE CONTRADICTED OR VARIED BY EVIDENCE OF
PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OR DISCUSSIONS OF THE PARTIES HERETO OR THERETO. THERE ARE NO ORAL AGREEMENTS AMONG THE PARTIES HERETO OR THERETO. THE PROVISIONS OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS MAY BE AMENDED OR
WAIVED ONLY BY AN INSTRUMENT IN WRITING SIGNED BY THE RESPECTIVE PARTIES TO SUCH DOCUMENTS. 
 [The remainder of this page is
intentionally left blank. The signature pages follow.] 

  
 SECOND MODIFICATION
AGREEMENT - Page 8 

 EXECUTED to be effective as of the date first above written. 

 

			
	ADMINISTRATIVE AGENT:
	
	 TEXAS CAPITAL BANK,

NATIONAL ASSOCIATION

		
	By:	 	 /s/ John L. Brimberry

	Name:	 	John L. Brimberry
	Title:	 	Senior Vice President

  
 SECOND MODIFICATION
AGREEMENT – Administrative Agent’s Signature Page 

 
			
	LENDER:
	
	TEXAS CAPITAL BANK,
	NATIONAL ASSOCIATION
		
	By:	 	 /s/ John L. Brimberry

	Name:	 	John L. Brimberry
	Title:	 	Senior Vice President

  
 SECOND MODIFICATION
AGREEMENT - Lender’s Signature Page [Texas Capital Bank, National Association] 

 
			
	LENDER:
	
	BANK OF AMERICA, N.A.
		
	By:	 	 /s/ Michael W. Edwards

	Name:	 	 Michael W. Edwards

	Title:	 	 Senior Vice President

  
 SECOND MODIFICATION
AGREEMENT - Lender’s Signature Page [Bank of America, N.A.] 

 
			
	LENDER:
	
	FIFTH THIRD BANK
		
	By:	 	 /s/ Karen H. Morgan

	Name:	 	 Karen H. Morgan

	Title:	 	 SVP

  
 SECOND MODIFICATION
AGREEMENT - Lender’s Signature Page [Fifth Third Bank] 

 
			
	LENDER:
	
	 VECTRA BANK COLORADO, NA,

A NATIONAL BANKING ASSOCIATION

		
	By:	 	 /s/ Philip Trujillo

	Name:	 	 Philip Trujillo

	Title:	 	 Vice President

  
 SECOND MODIFICATION
AGREEMENT - Lender’s Signature Page [Vectra Bank Colorado] 

 
			
	LENDER:
	
	 COMPASS BANK,
 AN ALABAMA
BANKING CORPORATION

		
	By:	 	 /s/ Benjamin Weimer

	Name:	 	 Benjamin Weimer

	Title:	 	 Senior Vice President

  
 SECOND MODIFICATION
AGREEMENT - Lender’s Signature Page [Compass Bank] 

 
			
	LENDER:
	
	JPMORGAN CHASE BANK, N.A.
		
	By:	 	 /s/ Nadeige Dang

	Name:	 	 Nadeige Dang

	Title:	 	 Vice President

  
 SECOND MODIFICATION
AGREEMENT - Lender’s Signature Page [JPMorgan Chase Bank, N.A.] 

 
			
	LENDER:
	
	DEUTSCHE BANK AG NEW YORK BRANCH
		
	By:	 	 /s/ Michael Winters

	Name:	 	 Michael Winters

	Title:	 	 Vice President

		
	By:	 	 /s/ Peter Cucchiara

	Name:	 	 Peter Cucchiara

	Title:	 	 Vice President

  
 SECOND MODIFICATION
AGREEMENT - Lender’s Signature Page [Deutsche Bank AG New York Branch] 

 
			
	LENDER:
	
	 BANK MIDWEST,
 A DIVISION
OF NBH BANK, N.A.

		
	By:	 	 /s/ Gary Simms

	Name:	 	 Gary Simms

	Title:	 	 Executive Vice President

  
 SECOND MODIFICATION
AGREEMENT - Lender’s Signature Page [Bank Midwest, a division of NBH Bank] 

 
			
	LENDER:
	
	U.S. BANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ Benjamin Kuruvila

	Name:	 	 Benjamin Kuruvila

	Title:	 	 Vice President

  
 SECOND MODIFICATION
AGREEMENT - Lender’s Signature Page [U.S. Bank National Association] 

 
			
	BORROWER:
	
	 CENTURY COMMUNITIES, INC.,

a Delaware corporation

		
	By:	 	 /s/ David Messenger

	Name:	 	David Messenger
	Title:	 	Chief Financial Officer

  
 SECOND MODIFICATION
AGREEMENT – Borrower’s Signature Page 

 
					
	GUARANTOR:
	
	 AUGUSTA POINTE, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 AVALON AT INVERNESS, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 BEACON POINTE, LLC,
 a
Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 BLACKSTONE HOMES, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 1 of 15 

 
					
	CC COMMUNITIES, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CCC HOLDINGS, LLC,
 a
Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CCH HOMES, LLC,
 a
Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT ASH MEADOWS, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT BEACON POINTE, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 2 of 15 

 
					
	CENTURY AT CALEY, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT CANDELAS, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT CAROUSEL FARMS, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT HARVEST MEADOWS, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 3 of 15 

 
					
	CENTURY AT LOR, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT LOWRY, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT MIDTOWN, LLC,
 a
Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT MILLENNIUM, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT MURPHY CREEK, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 4 of 15 

 
					
	 CENTURY AT OUTLOOK, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT SALISBURY HEIGHTS, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT SOUTHSHORE, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT TERRAIN, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT THE GROVE, LLC,
 a
Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 5 of 15 

 
					
	 CENTURY AT VISTA RIDGE, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY AT WOLF RANCH, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY CITY, LLC,
 a
Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CENTURY COMMUNITIES OF NEVADA, LLC, a Delaware limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CENTURY COMMUNITIES OF NEVADA REALTY, LLC, a Nevada limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 6 of 15 

 
					
	CENTURY LAND HOLDINGS, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY LAND HOLDINGS II, LLC,

a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CENTURY LAND HOLDINGS OF TEXAS, LLC, a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY RHODES RANCH GC, LLC,

a Delaware limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY TUSCANY GC, LLC,
 a
Delaware limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 7 of 15 

 
					
	CHERRY HILL PARK, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	COTTAGES AT WILLOW PARK, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CROWN HILL, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	ENCLAVE AT BOYD PONDS, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	ENCLAVE AT CHERRY CREEK, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 8 of 15 

 
					
	ESTATES AT CHATFIELD FARMS, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	HEARTH AT OAK MEADOWS, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	HOMETOWN, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	LAKEVIEW FORT COLLINS, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	MADISON ESTATES, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 9 of 15 

 
					
	MERIDIAN RANCH, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	MONTECITO AT RIDGEGATE, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	NEIGHBORHOOD ASSOCIATIONS GROUP, LLC, a Delaware limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	RESERVE AT HIGHPOINTE ESTATES, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	RESERVE AT THE MEADOWS, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 10 of 15 

 
					
	SADDLEBACK HEIGHTS, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	SADDLE ROCK GOLF, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	STETSON RIDGE HOMES, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	THE VISTAS AT NOR’WOOD, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	VENUE AT ARISTA, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 11 of 15 

 
					
	VERONA ESTATES, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	VILLAS AT MURPHY CREEK, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	WATERSIDE AT HIGHLAND PARK, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	WILDGRASS, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	 CENTURY COMMUNITIES OF GEORGIA,

LLC, a Colorado limited liability company

		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 12 of 15 

 
					
	CCG CONSTRUCTORS LLC,
	a Georgia limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CCG REALTY GROUP LLC,
	a Georgia limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CENTURY AT LITTLETON VILLAGE, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CENTURY AT THE MEADOWS, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CENTURY AT MARVELLA, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 13 of 15 

 
					
	CENTURY AT WILDGRASS, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CENTURY GROUP LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CENTURY AT LANDMARK, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	CENTURY AT OBSERVATORY HEIGHTS, LLC, a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory
	
	HORIZON BUILDING SERVICES, LLC,
	a Colorado limited liability company
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Authorized Signatory

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 14 of 15 

 
					
	SWMJ CONSTRUCTION, INC.,
	a Texas corporation
		
	By:	 	 /s/ David Messenger

		 	Name:	 	David Messenger
		 	Title:	 	Vice President

  
 SECOND MODIFICATION
AGREEMENT – Guarantor’s Signature Page 15 of 15 

 SCHEDULE 6.13 

Real Estate Subsidiaries 

Century Communities, Inc. owns 100% of all Real Estate Subsidiaries, either directly or indirectly. 

[The fifty-seven entities below executed a Guaranty Agreement, dated October 21, 2014.] 

 

	1.	AUGUSTA POINTE, LLC – a Colorado limited liability company 

  

	2.	AVALON AT INVERNESS, LLC – a Colorado limited liability company 

  

	3.	BEACON POINTE, LLC – a Colorado limited liability company 

  

	4.	BLACKSTONE HOMES, LLC – a Colorado limited liability company 

  

	5.	CC COMMUNITIES, LLC – a Colorado limited liability company 

  

	6.	CCC HOLDINGS, LLC – a Colorado limited liability company 

  

	7.	CCH HOMES, LLC – a Colorado limited liability company 

  

	8.	CENTURY AT ASH MEADOWS, LLC – a Colorado limited liability company 

  

	9.	CENTURY AT BEACON POINTE, LLC – a Colorado limited liability company 

  

	10.	CENTURY AT CALEY, LLC – a Colorado limited liability company 

  

	11.	CENTURY AT CANDELAS, LLC – a Colorado limited liability company 

  

	12.	CENTURY AT CAROUSEL FARMS, LLC – a Colorado limited liability company 

  

	13.	CENTURY AT HARVEST MEADOWS, LLC – a Colorado limited liability company 

  

	14.	CENTURY AT LOR, LLC – a Colorado limited liability company 

  

	15.	CENTURY AT LOWRY, LLC – a Colorado limited liability company (formerly Century Hangar Lofts at Lowry, LLC) 

  

	16.	CENTURY AT MIDTOWN, LLC – a Colorado limited liability company 

  

	17.	CENTURY AT MILLENNIUM, LLC – a Colorado limited liability company 

  

	18.	CENTURY AT MURPHY CREEK, LLC – a Colorado limited liability company 

  

	19.	CENTURY AT OUTLOOK, LLC – a Colorado limited liability company 

  

	20.	CENTURY AT SALISBURY HEIGHTS, LLC – a Colorado limited liability company 

  

	21.	CENTURY AT SOUTHSHORE, LLC – a Colorado limited liability company 

  

	22.	CENTURY AT TERRAIN, LLC – a Colorado limited liability company 

  

	23.	CENTURY AT THE GROVE, LLC – a Colorado limited liability company 

  

	24.	CENTURY AT VISTA RIDGE, LLC – a Colorado limited liability company 

  

	25.	CENTURY AT WOLF RANCH, LLC – a Colorado limited liability company 

  

	26.	CENTURY CITY, LLC – a Colorado limited liability company 

  

	27.	CENTURY COMMUNITIES OF NEVADA, LLC – a Delaware limited liability company 

  

	28.	CENTURY COMMUNITIES OF NEVADA REALTY, LLC – a Nevada limited liability company 

  

	29.	CENTURY LAND HOLDINGS, LLC – a Colorado limited liability company 

  

	30.	CENTURY LAND HOLDINGS II, LLC – a Colorado limited liability company 

  

	31.	CENTURY LAND HOLDINGS OF TEXAS, LLC – a Colorado limited liability company 

  

	32.	CENTURY RHODES RANCH GC, LLC – a Delaware limited liability company 

  

	33.	CENTURY TUSCANY GC, LLC – a Delaware limited liability company 

  

	34.	CHERRY HILL PARK, LLC – a Colorado limited liability company (formerly Danbury Park, LLC) 

  

	35.	COTTAGES AT WILLOW PARK, LLC – a Colorado limited liability company 

  

	36.	CROWN HILL, LLC – a Colorado limited liability company 

  
 SCHEDULE 6.13 – Page
1 

	37.	ENCLAVE AT BOYD PONDS, LLC – a Colorado limited liability company 

  

	38.	ENCLAVE AT CHERRY CREEK, LLC – a Colorado limited liability company 

  

	39.	ESTATES AT CHATFIELD FARMS, LLC – a Colorado limited liability company 

  

	40.	HEARTH AT OAK MEADOWS, LLC – a Colorado limited liability company 

  

	41.	HOMETOWN, LLC – a Colorado limited liability company 

  

	42.	LAKEVIEW FORT COLLINS, LLC – a Colorado limited liability company 

  

	43.	MADISON ESTATES, LLC – a Colorado limited liability company 

  

	44.	MERIDIAN RANCH, LLC – a Colorado limited liability company 

  

	45.	MONTECITO AT RIDGEGATE, LLC – a Colorado limited liability company 

  

	46.	NEIGHBORHOOD ASSOCIATIONS GROUP, LLC – a Delaware limited liability company 

  

	47.	RESERVE AT HIGHPOINTE ESTATES, LLC – a Colorado limited liability company 

  

	48.	RESERVE AT THE MEADOWS, LLC – a Colorado limited liability company 

  

	49.	SADDLEBACK HEIGHTS, LLC – a Colorado limited liability company 

  

	50.	SADDLE ROCK GOLF, LLC – a Colorado limited liability company 

  

	51.	STETSON RIDGE HOMES, LLC – a Colorado limited liability company 

  

	52.	THE VISTAS AT NOR’WOOD, LLC – a Colorado limited liability company 

  

	53.	VENUE AT ARISTA, LLC – a Colorado limited liability company 

  

	54.	VERONA ESTATES, LLC – a Colorado limited liability company 

  

	55.	VILLAS AT MURPHY CREEK, LLC – a Colorado limited liability company 

  

	56.	WATERSIDE AT HIGHLAND PARK, LLC – a Colorado limited liability company 

  

	57.	WILDGRASS, LLC – a Colorado limited liability company 

 [The three entities below executed
a Guaranty Agreement, dated December 1, 2014.] 
  

	58.	CENTURY COMMUNITIES OF GEORGIA, LLC – a Colorado limited liability company 

  

	59.	CCG CONSTRUCTORS LLC – a Georgia limited liability company 

  

	60.	CCG REALTY GROUP LLC – a Georgia limited liability company 

 [The two entities below
executed a Guaranty Agreement, dated March 11, 2015.] 
  

	61.	CENTURY AT LITTLETON VILLAGE, LLC – a Colorado limited liability company 

  

	62.	CENTURY AT THE MEADOWS, LLC –, a Colorado limited liability company 

 [The three entities
below executed a Guaranty Agreement, dated July 31, 2015.] 
  

	63.	CENTURY AT MARVELLA, LLC – a Colorado limited liability company 

  

	64.	CENTURY AT WILDGRASS, LLC – a Colorado limited liability company 

  

	65.	CENTURY GROUP LLC – a Colorado limited liability company 

 [The four entities below have
NOT YET executed a Guaranty Agreement.] 
  

	66.	CENTURY AT LANDMARK, LLC – a Colorado limited liability company 

  

	67.	CENTURY AT OBSERVATORY HEIGHTS, LLC – a Colorado limited liability company 

  

	68.	HORIZON BUILDING SERVICES, LLC – a Colorado limited liability company 

  

	69.	SWMJ CONSTRUCTION, INC. – a Texas corporation 

  
 SCHEDULE 6.13 – Page
2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00252-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00252-of-00352.parquet"}]]