Document:

Exhibit 10.1

 

Share
Exchange and Acquisition Agreement with Western Xinjiang

 

Tiansheng
Agricultural Development Co., Ltd.

 

December 06, 2017, in Beijing

 

     

     

    

 

Party A: Xinjiang Shineco Taihe
Agriculture Technology Ltd. (“Party A”)

 

Effective controller: Zhang Yuying

 

	 	Address: 	Room 1606, Building B, Rencai Mansion, Korla Economic and Technological Development Zone, Bazhou, Xinjiang 

 

Party B: Chen Lei

 

ID Number:

 

	 	Address: 	Room 2201, Building B, Bazhou Mansion, Sayibage Road, Korla, Xinjiang

 

1. Xinjiang Shineco
Taihe Agriculture Technology Ltd. (“Xinjiang Taihe”) incorporated on September 30th, 2017, and the registered capital
is 10 million RMB. The scope of business is: agricultural scientific research and experiment; agricultural extension; primary processing
of agricultural products; production and sales of Apocynum and its products; Apocynum breeding, planting and purchasing; wholesale,
retail and maintenance of agricultural machinery; green management; import and export of general goods and technology. The joint
venture’s proportion is listed in the following table B.

 

Table B

 

	No.	 	Name of Shareholder	 	Registered Capital (RMB)	 	Proportion of Shares	 
	1	 	Beijing Tenetjove Technological Development Co., Ltd.	 	10 million	 	 	100	%
	Total	 	10 million	 	 	100	%

 

Zhang Yuying is the corporate
juridical person and the effective controller.

 

2. Western Xinjiang
Tiansheng Agricultural Development Co., Ltd. (“Xinjiang Tiansheng”) incorporated on March 25th, 2011, and
the registered capital is 20 million RMB. The scope of business is: agricultural technology development; agricultural planting;
wholesale and installation of drip irrigation equipment; construction of soil and water conservation project; construction of water
conservancy project; planting and wholesale of flowers, foods (white granulated sugar is excluded), fresh fruit; processing of
agricultural equipments. The joint venture’s proportion is listed in the following table A.

 

    	 	2 / 7	 

     

    

 

Table A

 

	No.	 	Name of Shareholder	 	Registered Capital (RMB)	 	Proportion of Shares	 
	1	 	Chen Lei	 	20 million	 	 	100	%
	Total	 	20 million	 	 	100	%

 

Chen Lei is the corporate
juridical person and the effective controller.

 

3. Both Party A and
Party B agree to engage in share exchange and acquisition agreement. With Party A’s outstanding project related to Apocynum
and Party B’s expertise addressing very large business opportunities, both parties intend to promote the development of Xinjiang
Taihe, and spare no effort to make it a public company in the future.

 

Pursuant to these,
based on the principle of equality and mutual benefit, both parties have reached into the agreement with specific terms listed
as follows.

 

First Part Preconditions for the Cooperation

 

1. About
the debt: both parties should clear up the debts (including but not limited to external share mortgage, property mortgage,
commercial guarantee, etc.), and make sure that any potential debt dispute has been eliminated.

 

2. Acquisitions
consideration:

 

(1) After
the completion of the matters listed in terms 1(1) and 1(2) herein, both parties agree that Party A will receive equity
ownership in Xinjiang Tiansheng in exchange for a combination of equity ownership in Xinjiang Taihe and cash payments

 

(2) Asset
evaluation of Xinjiang Tiansheng

 

j
Nursery greenhouses (200 mu): amount of capital invested: 5,970,000 RMB

 

k
Cultivating seedling base (15000 mu): amount of capital invested: 27,670,000 RMB

 

Land with right to use
(2611 mu): 13055000 RMB

 

Total: 46695000 RMB. (All the assets mentioned above should be attached with original certificate, with
which audit can be conducted.)

 

(3) Party
A agrees to pay a total of 23814450 RMB (46695000 RMB*51%=23814450 RMB) to Party B, and to receive 51% equity ownership in Xinjiang
Tiansheng conditionally. The method and amount of payment are listed as follows:

 

    	 	3 / 7	 

     

    

 

The first installment:
Within 20 business days after the signing of this agreement, Party A shall pay 10814450 RMB to Party B after its Financial Due
Diligence Investigation. Party A shall transfer 14% equity ownership in Xinjiang Taihe (the actual investment in Xinjiang Taihe
is 50 million RMB, and 50 million RMB*14%=7 million RMB) and 3814450 RMB to Party B, and the total amount will be 10814450 RMB.
After the first-time transaction, Xinjiang Taihe and Xinjiang Tiansheng shall sign an agreement on nursing and cultivating seedling;
Xinjiang Tiansheng shall commence nursing and cultivating seedling as well as refinancing. Registration changing in administrative
department shall be conducted by all of the related parties.

 

The second installment:
Party A shall pay 3 million RMB to Party B within 50 business days after the completion of registration changing procedures.

 

The third installment:
Pursuant to the agreement, Party A shall pay the rest amount to Party B. (After the Financial Due Diligence Investigation, the
exact amount shall be confirmed by both parties.) When the financing capital invested by Xinjiang Tiansheng through loans or other
methods is more than 10 million RMB, Party A shall pay the rest amount to Party B in cash. The time for payment is not included
in the extension period of the agreement.

 

(4) The
tax on equity trading shall be paid by each party respectively.

 

(5) After
the share exchange, related details are listed as follows in Table C and D.

 

Table D

 

	No.	 	Name of Shareholder	 	Proportion of Shares	 
	1	 	Beijing Tenetjove Technological Development Co., Ltd.	 	 	86	%
	2	 	Chen Lei	 	 	14	%
	Total	 	 	100	%

 

Zhang Yuying is the
effective controller.

 

    	 	4 / 7	 

     

    

 

Table C

 

	No.	 	Name of Shareholder	 	Proportion of Shares	 
	1	 	Xinjiang Shineco Taihe Agriculture Technology Ltd.	 	 	51	%
	2	 	Chen Lei	 	 	49	%
	Total	 	 	100	%

 

Zhang Yuying is the effective controller.

 

Second Part Obligations

 

1. After
the joint venture, Xinjiang Tiansheng is mainly responsible for nursing, cultivating seedling, upgrading nursery greenhouse and
land, by which seedling resources for Xinjiang Taihe will be adequate.

 

2. After
the joint venture, Xinjiang Tiansheng shall be responsible for financing through its own channels. All the financing capital should
be invested to this project of the company, with which company’s cultivating seedling ability can be improved and the scale
of assets can be enlarged.

 

3. After
the joint venture, Xinjiang Tiansheng shall take advantage of its geographical conditions to develop a distinctive town with
Apocynum industry as its core industry. And Xinjiang Tiansheng shall be responsible for construction and operation of the
town.

 

Third Part Special Clauses

 

1. The
shares and cash (including 14% equity ownership in Xinjiang Taihe and 16814450 RMB) paid by Party A will be owned by Chen Lei personally.
After the joint venture, Xinjiang Tiansheng will operate independently with a separate financial accounting system.

 

2. During
the transaction, both parties shall be cooperative in registration changing procedures.

 

3. Due
to the development consideration, when it is necessary for Xinjiang Taihe to adjust the shares’ allotment to get prepared
for IPO, Party B shall fully support Party A to make the adjustment.

 

Fourth Part Statement, Commitment and
Guarantee

 

Both parties shall
make the commitment that they are with complete civil capacity and have the right to sign this Agreement. Both parties shall guarantee
the authenticity and integrity of the materials or documents submitted hereto.

 

    	 	5 / 7	 

     

    

 

Fifth Part Term of Agreement

 

This Agreement shall
come into force upon the signing and seal of both parties. Term of validity is five years. There will be 1-year automatic extensions
for each-time expiration. Any termination shall be the result of negotiations between the two parties, and a non-extension agreement
shall be signed to terminate this agreement.

 

Sixth Part Confidentiality

 

The information and
documents provided by both parties, and the information contained in this agreement may be confidential or privileged. Both parties
shall be responsible for the confidentiality. Without the permission from the relevant parties, no information shall be disclosed
to the third party. No terms herein will be applicable to other fields.

 

Seventh Part Dispute Resolution

 

All disputes arising
within this Agreement shall be settled amicably through negotiation. If any negotiation fails, either party has the right to litigate
the case in the Court. Except for issues related to the dispute in litigation, all parties shall carry out other obligations listed
in this agreement continually, and enjoy the right under this agreement.

 

Eighth Part Others

 

There are three copies
for this agreement. Party A, Party B and Xinjiang Tiansheng, each holds one copy respectively. Unsettled issues can be added to
this agreement, and amendments in written form are allowed. From the date of the signing of this agreement, both parties shall
promote the project actively and effectively in the spirit of pragmatism and principle of honest.

 

    	 	6 / 7	 

     

    

 

SIGNATURE PAGE

 

	Party A (Seal): Xinjiang Shineco Taihe Agriculture Technology Ltd.
	 
	Legal Representative (Signature): 	 
	 	 
	Date: 2017.12.6

 

	Party B (Signature): 	 
	 	 
	Date: 2017.12.6

 

    	 	7 / 7Exhibit

EXHIBIT 10.1
EXECUTION VERSION

SECOND REPLACEMENT FACILITY AMENDMENT
dated as of 
December 6, 2017,
among
CONTINENTAL BUILDING PRODUCTS OPERATING COMPANY, LLC,

THE LENDER PARTY HERETO
and
CREDIT SUISSE AG, 
as Administrative Agent
------------
CREDIT SUISSE SECURITIES (USA) LLC
as Sole Lead Arranger
and
Sole Lead Bookrunner

This SECOND REPLACEMENT FACILITY AMENDMENT, dated as of December 6, 2017 (this “Second Amendment”), to the Amended and Restated Credit Agreement, dated as of August 18, 2016 (as amended by the Replacement Facility Amendment, dated as of February 21, 2017, and as further amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”), among Continental Building Products, Inc., a Delaware corporation (including any Successor Holdings, “Holdings”), Continental Building Products Operating Company, LLC, a Delaware limited liability company (including any Successor US Borrower, the “US Borrower”), Continental Building Products Canada Inc., a Canadian federal corporation (including its permitted successors, the “Canadian Borrower” and, together with the US Borrower, the “Borrowers”), the several banks and other financial institutions or entities from time to time party thereto as lenders and as issuing banks, and Credit Suisse AG, as administrative agent and collateral agent (together with its successors and in such capacities, the “Administrative Agent”) is made pursuant to Section 2.24 of the Credit Agreement.  Capitalized terms used herein without definition shall have the same meanings herein as set forth in the Amended Credit Agreement.
PRELIMINARY STATEMENTS
The US Borrower has requested that the Credit Agreement be amended pursuant to Section 2.24 thereof to replace, in full, all Term Loans outstanding immediately prior to the effectiveness of this Second Amendment (the “Existing Term Loans”) with a replacement tranche of term loans (the “Replacement Term Loans”), and which Replacement Term Loans shall have the same terms (other than to the extent expressly provided otherwise in this Second Amendment) under the Loan Documents as the Existing Term Loans.
The Person identified as the “Replacement Term Lender” on Schedule A hereto (the “Replacement Term Lender”) (a) will be deemed to have irrevocably agreed to the terms of this Second Amendment and to have irrevocably committed to make the Replacement Term Loans to the US Borrower on the Second Amendment Effective Date in the full amount set forth opposite the name of the Replacement Term Lender on Schedule A hereto and (b) upon the Second Amendment Effective Date, will make such Replacement Term Loans to the US Borrower.  The aggregate proceeds of the Replacement Term Loans, together with cash on hand, will be used to replace, in full, all Existing Term Loans and pay related fees, costs and expenses, on the terms and subject to the conditions set forth herein.
To accomplish the foregoing (a) the US Borrower, the Administrative Agent and the Replacement Term Lender are willing to amend the Credit Agreement pursuant to Section 2.24 thereof as set forth below (the Credit Agreement as amended hereby, the “Amended Credit Agreement”) and (b) the Replacement Term Lender is willing to provide the Replacement Term Loans, which will replace, in full, all Existing Term Loans, in each case, on the Second Amendment Effective Date, on the terms and subject to the conditions set forth herein and in the Amended Credit Agreement.
In consideration of the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows: 

2

SECTION 1.  Amendments to Credit Agreement.  The US Borrower, the Administrative Agent and the Replacement Term Lender hereby agree that the Credit Agreement shall be amended as follows:
(a)  Section 1.1 of the Credit Agreement is hereby amended by adding thereto the following new defined terms in proper alphabetical order:
“Second Amendment”: that certain Replacement Facility Amendment, dated as of December 6, 2017, among the US Borrower, the Administrative Agent and the Lender party thereto.
“Second Amendment Effective Date”: the date of satisfaction of the conditions precedent referred to in Section 4 of the Second Amendment.
(b)  Section 1.1 of the Credit Agreement is hereby amended by amending and restating the definition of “Applicable Margin” in its entirety to read as follows:
“Applicable Margin”: (a) with respect to the Term Loans, the rate per annum set forth in the applicable column of the grid set forth below, and (b) with respect to the Revolving Credit Loans, the rate per annum equal to (i) for ABR Loans, 1.25%, and (ii) for Eurocurrency Loans, 2.25%; provided that for outstanding Revolving Credit Loans only, at any time the Revolving Credit Facility Fee Rate is 0.375%, then the rate per annum shall be equal to (1) for ABR Loans, 1.375%, and (2) for Eurocurrency Loans, 2.375%.
	
			
	Total Leverage Ratio
	Applicable Margin for ABR Loans
	Applicable Margin for Eurocurrency Loans

	Greater than 1.10:1.00
	1.25%
	2.25%

	Equal to or less than 1.10:1.00
	1.00%
	2.00%

Changes in the Applicable Margin resulting from changes in the Total Leverage Ratio shall become effective on the date that is one (1) Business Day after the date on which a Compliance Certificate is delivered pursuant to Section 5.1(a) or 5.1(b) and shall remain in effect until the next change to be effected pursuant to this definition.  If any Compliance Certificate referred to above is not delivered within the time period specified in Section 5.1(a) or 5.1(b), then, until the date that is one (1) Business Day after the date on which such Compliance Certificate is delivered, the highest rate set forth in each column of the grid set forth above shall apply.  In addition, at any time that (x) an Event of Default has occurred and is continuing, (y) Holdings’ public corporate credit rating from S&P is not BB or higher (with a stable or better outlook) or (z) Holdings’ public corporate family rating from Moody’s is not Ba3 or higher (with a stable or better outlook), the highest rate set forth in each column of the grid set forth above shall apply.

3

(c)  Section 1.1 of the Credit Agreement is hereby amended by amending and restating the definition of “Existing Term Loans” in its entirety to read as follows:
“Existing Term Loans”: as defined in the Second Amendment.
(d)  Section 1.1 of the Credit Agreement is hereby amended by amending and restating the definition of “Replacement Term Loans” in its entirety to read as follows:
“Replacement Term Loans”: as defined in the Second Amendment.
(e)  Section 2.3 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
“Repayment of Term Loans. The Term Loan of each Term Loan Lender shall be repaid in consecutive quarterly installments on each of the last Business Day of each March, June, September and December (each, a “Term Loan Installment Date”), commencing on March 31, 2018, each of which shall be in an amount equal to such Lender’s Term Loan Percentage multiplied by an amount equal to 0.25% of the original principal amount of the Term Loan Facility as of the Second Amendment Effective Date; provided that the final principal repayment installment of the Term Loans repaid on the Term Loan Maturity Date shall be, in any event, in an amount equal to the aggregate principal amount of all Term Loans outstanding on such date.
(f)  Section 2.12 of the Credit Agreement is hereby amended by amending and restating clause (e) in its entirety to read as follows:
“(e) In the event that, prior to the date that is six (6) months after the Second Amendment Effective Date, the US Borrower (i) makes any repayment, prepayment, purchase or buyback of Term Loans in connection with any Repricing Event or (ii) effects any amendment of this Agreement resulting in a Repricing Event, the US Borrower shall pay to the Administrative Agent, for the ratable account of each of the applicable Term Loan Lenders (including any Non-Consenting Lender) (x) in the case of clause (i), a prepayment premium of 1.0% of the aggregate principal amount of the Term Loans so being prepaid, repaid or purchased and (y) in the case of clause (ii), an amount equal to 1.0% of the aggregate principal amount of the applicable Term Loans outstanding immediately prior to such amendment that are subject to such Repricing Event.

4

(g)  Section 3.14 of the Credit Agreement is hereby amended by adding the following new sentence immediately after the last sentence thereof:
“The proceeds of all Replacement Term Loans (as defined in the Second Amendment) made on the Second Amendment Effective Date, together with cash on hand, will be used on the Second Amendment Effective Date to (a) repay, in full, all principal of all Existing Term Loans (as defined in the Second Amendment) and (b) pay fees, costs and expenses incurred in connection with the Replacement Term Loans, in each case on the terms and subject to the conditions set forth in the Second Amendment.”
		
	SECTION 2.  
	Replacement Term Lender; Replacement Term Loans; Administrative Agent Authorization.

(a)  Replacement Term Lender.  Subject to the terms and conditions set forth herein and in the Credit Agreement, the Replacement Term Lender (i) irrevocably agrees to the terms of this Second Amendment and (ii) irrevocably commits to make, on the Second Amendment Effective Date, Replacement Term Loans in the full amount set forth opposite the name of the Replacement Term Lender on Schedule A hereto.  The Replacement Term Lender further acknowledges and agrees that, as of and on the Second Amendment Effective Date, it shall be a “Lender”, a “Term Loan Lender” and an “Additional Lender” under, and for all purposes of, the Amended Credit Agreement and the other Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.   
(b)  Replacement Term Loans.
(i)As of the Second Amendment Effective Date, the Replacement Term Loans shall be “Term Loans” and “Replacement Term Loans” under, and for all purposes of, the Amended Credit Agreement and the other Loan Documents.  The Replacement Term Loans shall have the same terms as the Existing Term Loans outstanding immediately prior to the Second Amendment Effective Date, other than to the extent expressly provided otherwise in this Second Amendment. Without limiting the foregoing, the Replacement Term Loans (A) shall rank on a pari passu basis in right of payment and security with the Obligations in respect of the Revolving Credit Commitments and (B) shall have the same maturity date as the Existing Term Loans outstanding immediately prior to the Second Amendment Effective Date.  
(ii)On the Second Amendment Effective Date, the Net Cash Proceeds of all Replacement Term Loans, if any, shall be applied in accordance with Section 3.14 of the Amended Credit Agreement.  Notwithstanding anything herein or in the Amended Credit Agreement to the contrary, the aggregate principal amount of the Replacement Term Loans shall not exceed the aggregate principal amount of the Existing Term Loans outstanding immediately prior to the Second Amendment Effective Date (plus the amount of fees, costs and expenses incurred in connection with the Replacement Term Loans).  

5

(iii)The Replacement Term Loans shall initially be Eurocurrency Term Loans with an Interest Period commencing on the Second Amendment Effective Date and ending on the date specified by the US Borrower in the applicable Borrowing Request delivered by it pursuant to Section 4(a)(viii) below; provided that the initial Interest Period with respect to any Eurocurrency Borrowing made on the Second Amendment Effective Date may be for such period specified in the applicable Borrowing Request that is reasonably acceptable to the Administrative Agent.
(iv)The US Borrower and the Administrative Agent hereby consent to any assignments made by the Replacement Term Lender or any affiliate thereof to the Persons included in the list of allocations separately provided to the US Borrower and the Administrative Agent (or any Approved Funds or Affiliate of such Persons) in connection with the primary syndication of the Replacement Term Loans.
(c)  Administrative Agent Authorization.  The US Borrower and the Replacement Term Lender hereby authorize the Administrative Agent to (i) determine all amounts, percentages and other information with respect to the Loans of each Lender, which amounts, percentages and other information may be determined only upon receipt by the Administrative Agent of the signature pages of the Replacement Term Lender (and each Consent to Second Replacement Facility Amendment) and (ii) enter and complete all such amounts, percentages and other information in the Amended Credit Agreement or schedules thereto, as appropriate.  The Administrative Agent’s determination and entry and completion shall be conclusive evidence of the existence, amounts, percentages and other information with respect to the obligations of the US Borrower under the Amended Credit Agreement, in each case, absent manifest error.  
SECTION 3.  Representations and Warranties.  In order to induce the other parties hereto to enter into this Second Amendment, the US Borrower hereby represents and warrants to each of the Replacement Term Lender and the Administrative Agent that, as of the Second Amendment Effective Date: 

(a)  The US Borrower has the organizational power and authority, and the legal right, to enter into this Second Amendment and to carry out the transactions contemplated by, and perform its obligations under, this Second Amendment, the Amended Credit Agreement and the other Loan Documents;
(b)  The US Borrower has taken all necessary organizational action to authorize the execution, delivery and performance of this Second Amendment, the Amended Credit Agreement and the other Loan Documents; 
(c)  This Second Amendment has been duly executed and delivered on behalf of the US Borrower and constitutes a legal, valid and binding obligation of the US Borrower, enforceable against the US Borrower in accordance with its terms, except as enforceability may be limited by any 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); and

6

(d)  Each of the representations and warranties made by any Loan Agreement Party in or pursuant to the Loan Documents are true and correct in all material respects on and as of the Second Amendment Effective Date as if made on and as of such date, except for representations and warranties expressly stated to relate to a specified date, in which case such representations and warranties are true and correct in all material respects as of such earlier date; provided that, in each case such materiality qualifier shall not be applicable to any representations or warranties that already are qualified or modified by materiality or Material Adverse Effect.
SECTION 4.  Conditions to Effectiveness of this Second Amendment.
(a)  This Second Amendment shall become effective on the first date (the “Second Amendment Effective Date”) on which the following conditions precedent are satisfied:
(i)The Administrative Agent shall have received (A) this Second Amendment, executed and delivered by the US Borrower, the Administrative Agent and the Replacement Term Lender and (B) a written instrument reasonably satisfactory to the Administrative Agent, executed and delivered by Holdings, the US Borrower and the Subsidiary Guarantors, pursuant to which each party thereto consents to this Second Amendment and the Replacement Term Loans and agrees that the Guarantee and Collateral Agreement and the other Security Documents to which it is party will continue to apply in respect of the Amended Credit Agreement (the “Reaffirmation Agreement”);
(ii)(A) The aggregate principal amount of the Replacement Term Loans, together with certain cash on hand of the US Borrower, shall be equal to the aggregate principal amount of the Existing Term Loans outstanding on the Second Amendment Effective Date immediately prior to the effectiveness of this Second Amendment (plus the amount of fees, costs and expenses incurred in connection with the Replacement Term Loans) and (B) the US Borrower shall have, concurrently with the making of the Replacement Term Loans, paid all accrued and unpaid interest and other amounts, if any, on the aggregate principal amount of the Existing Term Loans;
(iii)All fees and expenses in connection with this Second Amendment or under any other Loan Document or other agreement with the US Borrower relating to the transactions contemplated hereby (including reasonable and documented out-of-pocket legal fees and expenses required to be paid by the US Borrower pursuant to Section 9.3(a) of the Amended Credit Agreement) payable by the US Borrower on or before the Second Amendment Effective Date shall have been paid to the extent then due; provided that any such fees and expenses shall be required to be paid, as a condition precedent to the Second Amendment Effective Date, only to the extent invoiced at least one (1) Business Day prior to the Second Amendment Effective Date;

7

(iv)The Administrative Agent shall have received a solvency certificate in the form of Exhibit J to the Credit Agreement from a Responsible Officer of the US Borrower with respect to the solvency of the US Borrower and its Subsidiaries, on a consolidated basis, after giving effect to this Second Amendment and the transactions contemplated hereby;
(v)The Administrative Agent shall have received a duly executed officer’s certificate of the US Borrower certifying, as of the Second Amendment Effective Date, that (A) each of the representations and warranties set forth in Section 3 above are true and correct on and as of the Second Amendment Effective Date and (B) no Default or Event of Default has occurred and is continuing both before and immediately after giving effect to this Second Amendment and the transactions contemplated hereby, or will result therefrom;
(vi)The Administrative Agent shall have received the following:
(A)  a certificate of the Secretary or Assistant Secretary of each Loan Agreement Party party to the Reaffirmation Agreement, dated the Second Amendment Effective Date, (1) attaching a copy of a short form certificate of the Secretary of State or other applicable Governmental Authority of the jurisdiction in which each Loan Agreement Party party to the Reaffirmation Agreement is organized, dated reasonably near the Second Amendment Effective Date, certifying that such Loan Agreement Party is duly organized and in good standing or full force and effect under the laws of such jurisdiction and (2) certifying (x) (I) that attached thereto is a true and complete copy of the applicable formation document and by-laws or operating agreement of such Loan Agreement Party as in effect on the Second Amendment Effective Date and at all times since a date prior to the date of the resolutions described in clause (y) below or (II) that the applicable formation document and by-laws or operating agreement of such Loan Agreement Party provided in the certificate delivered on the Closing Date have not been amended or otherwise modified since the Closing Date and remain in full force and effect on the Second Amendment Effective Date, (y) (I) that attached thereto is a true and complete copy of resolutions duly adopted by the board of directors, board of managers or members of other governing body, as applicable, of such Loan Agreement Party authorizing the execution, delivery and performance of this Second Amendment and the borrowings hereunder, in the case of the US Borrower, and any Loan Documents to which each such Loan Agreement Party is a party, and that such resolutions have not been modified, rescinded or amended and are in full force and effect or (II) that the resolutions duly adopted by the board of directors, board of managers or members of other governing body, as applicable, of such Loan Agreement Party in connection with the entry into the Credit Agreement on the Closing Date have not been modified, rescinded or amended and remain in full force and effect on the Second Amendment Effective Date and (z) (I) as to the incumbency and specimen signature of each officer executing this Second Amendment or any other Loan Document or any other document delivered in connection herewith on behalf of such Loan Agreement Party or (II) that the incumbency and specimen signature provided on the Closing Date of each officer executing this Second Amendment or any other Loan Document or any other document delivered in connection herewith on behalf of such Loan Agreement Party have not changed as of the Second Amendment Effective Date; and

8

(B)  Customary good standing “bringdown” confirmations for each Loan Agreement Party party to the Reaffirmation Agreement, dated the Second Amendment Effective Date;
(vii)The Administrative Agent shall have received the legal opinion of Gibson, Dunn & Crutcher LLP, counsel to Holdings, the US Borrower and certain of its Subsidiaries, in form and substance reasonably satisfactory to the Administrative Agent (on behalf of any Person that will become a Lender of the Replacement Term Loans and is not a Lender immediately prior to the Second Amendment Effective Date); and
(viii)Delivery of a Borrowing Request pursuant to Section 2.9 of the Credit Agreement.
(b)  The borrowing of the Replacement Term Loans pursuant to this Second Amendment shall constitute a representation and warranty by the US Borrower as of the Second Amendment Effective Date that the conditions contained in Section 4.2 of the Credit Agreement have been satisfied.
SECTION 5.  Miscellaneous.
(a)  Waiver of Integral Multiple Requirement.  The requirement in Section 2.24(a) of the Credit Agreement that the Replacement Term Loans are incurred in an integral multiple of $1,000,000 is hereby waived in respect of the Replacement Term Loans contemplated by this Second Amendment.  Each holder of Existing Term Loans that executes and delivers a Consent to Second Replacement Facility Amendment in respect of this Second Amendment on or prior to the Second Amendment Effective Date (which holders constitute the Required Lenders under the Credit Agreement as in effect immediately prior to the Second Amendment Effective Date) will be deemed to have consented to the waiver contained in this Section 5(a).
(b)  Reference to and Effect on the Credit Agreement and the Other Loan Documents.  
(i)On and after the Second Amendment Effective Date, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to the “Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as amended by this Second Amendment.  
(ii)This Second Amendment shall constitute a “Replacement Facility Amendment” pursuant to Section 2.24 of the Credit Agreement under, and for all purposes of the Credit Agreement and the other Loan Documents.  This Second Amendment is a Loan Document as defined in the Credit Agreement.

9

(iii)Except as specifically amended by this Second Amendment, the Credit Agreement and the other Loan Documents shall remain in full force and effect and are hereby ratified and confirmed.
(iv)The execution, delivery and performance of this Second Amendment shall not constitute (A) a waiver of any provision of, or operate as a waiver of any right, power or remedy of any Agent or Lender under, the Credit Agreement or any of the other Loan Documents or (B) a novation or discharge of any of the terms of the Credit Agreement or any of the other Loan Documents, except as provided in this Second Amendment. 
(v)This Second Amendment shall constitute the notice required under Section 2.24(c) of the Credit Agreement.
(c)  Headings.  Section and subsection headings used herein are for convenience of reference only, are not part of this Second Amendment and shall not affect the construction of, or be taken into consideration in interpreting, this Second Amendment.
(d)  Integration; Applicable Law; Waiver of Jury Trial.  The provisions of Sections 9.7 (Severability), 9.9 (Governing Law; Jurisdiction; Consent to Service of Process) and 9.10 (Waiver of Jury Trial) of the Credit Agreement shall apply with like effect to this Second Amendment.  
(e)  Counterparts.  This Second Amendment may be executed in counterparts (and by different parties hereto on 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 counterpart of a signature page of this Second Amendment by facsimile or other electronic transmission (e.g., “PDF” or “TIFF”) shall be effective as delivery of a manually executed counterpart of this Second Amendment.
(f)  Effectiveness.  This Second Amendment shall become effective on the Second Amendment Effective Date, and thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.
(g)  Post-Effective Requirements.  Within 90 days after the Second Amendment Effective Date (or (i) within 180 days after the Second Amendment Effective Date with the prior consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed) in connection with the making of the Replacement Term Loans under the Amended Credit Agreement or (ii) by such later date as the Administrative Agent in its sole discretion may permit), subject to clause (11) of the definition of the term “Excluded Assets” in the Amended Credit Agreement, the US Borrower shall deliver (A) with respect to each Mortgage encumbering a Mortgaged Property (other than the Mortgaged Property located at 350 Broadway, Buchanan, NY 10511 (the “Excluded Mortgaged Property”)), an amendment or an amendment and restatement thereof (or a new mortgage, if reasonably required to perfect a first lien security interest in the applicable Mortgaged Property) (each, a “Mortgage Amendment”) approved by local counsel reasonably acceptable to the Administrative Agent, setting forth such changes as are reasonably necessary to reflect that the lien securing the Obligations under the Amended Credit Agreement encumbers such Mortgaged Property and to further grant, preserve, protect, confirm and perfect the lien and security interest thereby created and perfected, (B) for all Mortgaged Properties (other than the Excluded Mortgaged Property), date down and modification endorsements to the mortgagee’s title policies reflecting the Mortgage Amendment in respect of such Mortgaged Property, in each case, reflecting that there are no encumbrances affecting such Mortgaged Property except as permitted under the Amended Credit Agreement, and in each case in form and substance reasonably satisfactory to the Administrative Agent, (C) a favorable opinion of local counsel in each jurisdiction in which a Mortgaged Property (other than the Excluded Mortgaged Property) is located for the 

10

benefit of the Administrative Agent with respect to the enforceability of the Mortgage as amended, together with such other opinions as the Administrative Agent shall require, and in form and substance reasonably acceptable to the Administrative Agent (it being understood and agreed that the form and substance of the opinions previously delivered in connection with the Mortgages are reasonably acceptable) and (D) such further documents, instruments, acts or agreements as the Administrative Agent may reasonably request to affirm, secure, renew or perfect the liens of the Mortgages as amended; provided that a Mortgage Amendment with respect to any particular Mortgaged Property and the related documentation set forth in clauses (B), (C) and (D) above shall not be required to the extent that local counsel reasonably acceptable to the Administrative Agent has confirmed in an e-mail that no Mortgage Amendment is required in order for the Mortgaged Property to secure the Replacement Term Loans and other extensions of credit thereunder. For the avoidance of doubt, it is understood and agreed that US Borrower’s satisfaction of the foregoing requirements (A) through (D) with respect to any Mortgaged Property shall also deemed to be a satisfaction of any and all obligations under Section 4.1(k)(A)-(B) of the Credit Agreement, if any, with respect to such Mortgaged Property and with respect to the Excluded Mortgaged Property.  The US Borrower shall also provide flood determinations and flood insurance as required by Regulation H with respect to each Mortgaged Property reasonably acceptable to the Administrative Agent (it being understood and agreed that US Borrower shall not be required to provide any information in excess of that which was previously provided in connection with the Amended Credit Agreement).  
[Signature pages follow]

11

IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be duly executed by their respective officers thereunto duly authorized as of the date first above written.

CONTINENTAL BUILDING PRODUCTS OPERATING COMPANY, LLC 
By:  ______________________________
Name:
Title:

[Signature Page to December 2017 Replacement Facility Amendment]

12

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent and as Replacement Term Lender
By:  ______________________________
Name:
Title:

By:  ______________________________
Name:
Title:

[Signature Page to December 2017 Replacement Facility Amendment]

13

SCHEDULE A

Replacement Term Loan Commitments

	
		
	Replacement Term Lender
	Replacement Term Loans

	Credit Suisse AG (acting through such of its affiliates or branches as it deems appropriate)
	$271,572,812.50

	TOTAL
	$271,572,812.50

14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00277-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00277-of-00352.parquet"}]]