Document:

EX-10.23

 EXHIBIT 10.23 

CONSENT, WAIVER AND SECOND AMENDMENT TO AMENDED AND RESTATED 

CREDIT AGREEMENT 

THIS CONSENT, WAIVER AND SECOND AMENDMENT
TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of April 26, 2019 (“Second Amendment Effective
Date”) is entered into by and among VECTOR CAMBIUM HOLDINGS (CAYMAN), L.P., an exempted limited partnership formed and registered under the laws of the Cayman Islands with registration number 51343 and having its registered
office at Intertrust Corporate Services (Cayman) Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9005, Cayman Islands, acting by its general partner, Vector Capital Partners IV, L.P. an exempted
limited partnership formed and registered under the laws of the Cayman Islands, acting by its general partners, Vector Capital, L.L.C and Vector Capital, Ltd. (“Holdings”), CAMBIUM NETWORKS, LTD, a company incorporated
under the laws of England and Wales with company number 07752773 and with its registered office at Unit B2, Linhay Business Park, Eastern Road, Ashburton, Newton Abbot, Devon TQ13 7UP, UK. (the “Borrower”), the other Loan
Parties party hereto, the Lenders party hereto, SILICON VALLEY BANK, as the Issuing Lender, and SILICON VALLEY BANK (“SVB”), as administrative agent for the Lenders (in such capacity, together with its
successors in such capacity, the “Administrative Agent”). 
 WITNESSETH: 

WHEREAS, reference is made to that certain Amended and Restated Credit Agreement, dated as of
December 21, 2017 as amended by that certain Waiver and First Amendment to Amended and Restated Credit Agreement dated as of November 21, 2018 (as amended, amended and restated, supplemented, restructured or otherwise modified, renewed or
replaced from time to time, the “Credit Agreement”), by and among Holdings, the Borrower, the other Loan Parties party thereto, the Lenders and the Administrative Agent; and 

WHEREAS, reference is made to that certain Limited Guaranty, dated as of November 21, 2018 (as
amended, amended and restated, supplemented, restructured or otherwise modified, renewed or replaced from time to time, the “Limited Guaranty”), by and between the Administrative Agent and VECTOR CAPITAL IV,
L.P., a Delaware limited partnership (the “Sponsor Guarantor”); and 

WHEREAS, pursuant to Section 6.2(d) of the Limited Guaranty, the Sponsor
Guarantor is required to cause the Partnership Term (as defined in the Limited Guaranty) to be extended for a one-year period (the “Partnership Term Extension”) by April 27, 2019
(the “Partnership Term Extension Deadline”); and 
 WHEREAS, certain Events of
Default have arisen under Section 8.1(c) of the Credit Agreement as a result of the Borrower’s failure to maintain (i) Minimum Consolidated Fixed Charge Coverage Ratio of not less than 1.00:1.00 for the quarter
ending December 31, 2018 as required pursuant to Section 7.1(a) of the Credit Agreement and (ii) Maximum Consolidated 

 
Leverage Ratio of not greater than 4.25:1.00 for the quarter ending December 31, 2018 as required pursuant to Section 7.1(b) of the Credit Agreement (together with
any other Event of Default that have arisen as a result of the failure to give proper notice of the foregoing, the “Existing Events of Default”); and 

WHEREAS, Holdings and the Borrower have requested that the Lenders and the Administrative Agent
(i) consent to an extension of the Partnership Term Extension Deadline, (ii) waive the Existing Event of Default and (iii) modify and amend certain terms and conditions of the Credit Agreement on the terms and conditions set forth
herein; 
 NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the Administrative Agent, the Lenders, and the Loan Parties agree as follows: 
 1. Capitalized Terms.
All capitalized terms used herein, and not otherwise defined herein, shall have the meanings assigned to such terms in the Credit Agreement. 
 2. Consent
and Waiver. Upon satisfaction of the conditions precedent set forth in Section 4 below, the Administrative Agent and the Lenders hereby (i) consent to an extension of the Partnership Term Extension Deadline until
May 18, 2019 and (ii) waive the Existing Events of Default, which waiver relates only to the Existing Events of Default described above, and shall not be deemed to constitute a continuing waiver of any provision of the Credit Agreement
with respect to any other Events of Default. Except as expressly provided herein, the Credit Agreement and the other Loan Documents shall remain unmodified and in full force and effect. 

 

	3.	 Amendments to the Credit Agreement. The Credit Agreement is hereby amended as follows:

  

	 	a.	 The Credit Agreement is hereby amended by adding the following definitions in
Section 1.1 thereof in appropriate alphabetical order: 

 “IPO Legal
Expenses”: legal fees and expenses payable to Sidley Austin LLP related to services in connection with Cayman Parent Guarantor’s (or a direct or indirect parent or other Group Member as may be selected by Borrower) initial public
offering. 
 “Second Amendment”: that certain Consent, Waiver and Second Amendment to Amended and Restated Credit
Agreement dated as of April 26, 2019 by and among the Loan Parties, Administrative Agent and the Lenders. 
 “Second
Amendment Effective Date”: as defined in the Second Amendment. 
  

	 	b.	 The Credit Agreement is hereby amended by amending and restating the following definitions in
Section 1.1 thereof to read as follows: 

 “Adjusted Quick Ratio”: the
ratio of (i) (a) Qualified Cash of the Loan Parties plus (b) net billed accounts receivable of the Loan Parties, divided by (ii) (a) Consolidated Current Liabilities minus (b) IPO Legal Expenses minus (c) lease liability
associated with the adoption of FASB ASC 842. 

  
 -2- 

 “Consolidated Fixed Charges”: for any period ending on any determination
date (the “determination date”), the sum (without duplication) of (a) Consolidated Interest Expense for such period, plus (b) scheduled payments to be made during the period on account of principal of
Indebtedness of the Borrower, Holdings and their consolidated Subsidiaries (including, without limitation, scheduled principal payments in respect of the Term Loans and Capital Lease Obligations); provided that any earn out payments in connection
with Permitted Acquisitions shall not constitute Consolidated Fixed Charges. 
 “Fee Letter”: individually and
collectively, (i) the letter agreement dated December 12, 2017 between Holdings, Borrower, and Administrative Agent (ii) the letter agreement dated as of the First Amendment Effective Date between Holdings, Borrower, and
Administrative Agent (“First Amendment Fee Letter) and (iii) the letter agreement dated as of the Second Amendment Effective Date between Holdings, Borrower, and Administrative Agent (“Second Amendment Fee
Letter). 
 “Qualified Public Offering”: the initial underwritten public offering and sale to the public of
common Capital Stock of Cayman Parent Guarantor’s (or a direct or indirect parent or other Group Member as may be selected by Borrower) pursuant to an effective registration statement filed with the Securities and Exchange Commission in
accordance with the Securities Act of 1933 (or equivalent foreign governmental entity). 
  

	 	c.	 The Credit Agreement is hereby amended by amending and restating Section 7.1(a)
thereof to read as follows: 

 “(a) Consolidated Fixed Charge Coverage Ratio. Permit the Consolidated
Fixed Charge Coverage Ratio, tested quarterly, as at the last day of any period set forth below of the Borrower ending with any date set forth below to be less than the ratio set forth below opposite such period: 

 

					
	 Period
	  	Minimum
Consolidated Fixed
Charge Coverage
Ratio	 
	 Trailing three month period ending March 31, 2019
	  	 	1.00:1.00	 
	 Trailing sixth month period ending June 30, 2019
	  	 	1.10:1.00	 
	 Trailing nine month period ending September 30, 2019
	  	 	1.15:1.00	 
	 Trailing twelve month period ending December 31, 2019
	  	 	1.15:1.00	 
	 Trailing twelve month period ending March 31, 2020 and each trailing twelve month quarterly
period ending thereafter
	  	 	1.25:1.00”	 

  
 -3- 

	 	d.	 The Credit Agreement is hereby amended by amending and restating Section 7.1(b)
thereof to read as follows: 

 “(b) Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio
as at the last day of any period of four consecutive fiscal quarters of the Borrower ending with any date set forth below to exceed the ratio set forth below opposite such period: 

 

					
	 Trailing Four Quarter Period Ended
	  	Maximum
Consolidated
Leverage Ratio	 
	 March 31, 2019
	  	 	4.25:1.00	 
	 June 30, 2019
	  	 	3.75:1.00	 
	 September 30, 2019
	  	 	3.25:1.00	 
	 December 31, 2019 through March 31, 2020
	  	 	3.00:1.00	 
	 June 30, 2020
	  	 	2.75:1.00	 
	 September 30, 2020 through December 31, 2020
	  	 	2.50:1.00	 
	 March 31, 2021 through June 30, 2021
	  	 	2.25:1.00	 
	 September 30, 2021
	  	 	2.00:1.00	 
	 December 31, 2021 through March 31, 2022
	  	 	1.75:1.00	 
	 June 30, 2022 and thereafter
	  	 	1.50:1.00”	 

  

	 	e.	 The Credit Agreement is hereby amended by adding the following Section 7.22
immediately following Section 7.21 of the Credit Agreement to read as follows: 

“7.22 IPO Legal Expenses. Make any payment of any IPO Legal Expenses; provided that Borrower may make payments
in respect of IPO Legal Expenses, (i) with proceeds of a Qualified Public Offering or (ii) so long as before and immediately after giving effect to such payment (a) no Default or Event of Default shall have occurred and be continuing
and (b) Liquidity shall be not less than $7,500,000.” 
  

	4.	 Conditions Precedent to Effectiveness. This Amendment shall not be effective until each of the following
conditions precedent have been fulfilled or waived prior to or concurrently herewith, each to the satisfaction of the Administrative Agent (such date being the “Second Amendment Effective Date”): 

 

	 	a.	 The Loan Parties and each party hereto and thereto shall have executed and delivered this Amendment and the
Second Amendment Fee Letter. 

  

	 	b.	 [Reserved]. 

  
 -4- 

	 	c.	 All necessary board of directors and/or shareholder or other corporate consents and approvals to this Amendment
(if any) shall have been obtained. 

  

	 	d.	 [Reserved]. 

  

	 	e.	 [Reserved]. 

  

	 	f.	 No Default or Event of Default shall have occurred and be continuing, both before and immediately after giving
effect to the execution of this Amendment. 

  

	 	g.	 The Lenders and the Administrative Agent shall have received payment from the Borrower of all the fees, costs
and expenses required to be paid pursuant to Section 6 of this Amendment (including the fees and expenses of legal counsel required to be paid thereunder to the extent an invoice therefor has been received by the Loan
Parties). 

  

	 	h.	 The representations and warranties set forth in Section 5 below shall be true and correct in all respects.

  

	5.	 Representations and Warranties. Each of the Loan Parties hereby represents and warrants to the
Administrative Agent and the Lenders as follows: 

  

	 	a.	 Such Loan Party has the power and authority to enter into this Amendment and to perform its obligations under
this Amendment. 

  

	 	b.	 This Amendment has been duly executed and delivered by such Loan Party and is a legally valid and binding
obligation of it, enforceable against it in accordance with its terms, except as enforcement may be limited by equitable principles (whether enforcement is sought by proceedings in equity or law) or by bankruptcy, insolvency, reorganization,
moratorium or similar laws relating to or limiting creditors’ rights generally. 

  

	 	c.	 Each of the representations and warranties made by such Loan Party in or pursuant to this Amendment and the
other Loan Documents to which it is a party, (i) that is qualified by materiality is true and correct, and (ii) that is not qualified by materiality, is true and correct in all material respects, in each case, on and as of the date hereof
as if made on and as of such date, except to the extent any such representation and warranty expressly relates to an earlier date, in which case such representation and warranty was true and correct in all material respects (or all respects, as
applicable) as of such earlier date. 

  

	6.	 Payment of Costs and Fees. The Borrower shall pay to the Administrative Agent all amounts due pursuant
to the Second Amendment Fee Letter. In addition, the Borrower shall pay all reasonable costs, out-of-pocket expenses, and fees and charges of every kind in connection
with the preparation, negotiation, execution and delivery of this Amendment and any documents and instruments relating hereto or thereto (which costs include, without limitation, the reasonable and documented fees and disbursements of any attorneys
retained by the Administrative Agent), in each case, in accordance with Section 10.5 of the Credit Agreement. 

  
 -5- 

	7.	 Choice of Law. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED
BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO THE CONFLICT OF LAW RULES THEREOF (OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS
LAW). 

  

	8.	 Counterpart Execution. This Amendment may be executed by one or more of the parties to this Amendment on
any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Amendment by facsimile or electronic mail transmission shall
be effective as delivery of a manually executed counterpart hereof. 

  

	9.	 Release by Group Members. Effective on the Second Amendment Effective Date, each Group Member, for
itself and on behalf of its successors, assigns, and officers, directors, employees, agents and attorneys, and any Person acting for or on behalf of, or claiming through it, hereby waives, releases, remises and forever discharges the Administrative
Agent and each of the Lenders and each of their respective successors in title, past and present and future officers, directors, employees, limited partners, general partners, investors, attorneys, assigns, subsidiaries, shareholders, trustees,
agents and other professionals and all other persons and entities to whom the Administrative Agent or any Lender would be liable if such persons or entities were found to be liable to such Group Member (each a “Releasee” and
collectively, the “Releasees”), from any and all known claims, suits, liens, lawsuits, amounts paid in settlement, debts, deficiencies, diminution in value, disbursements, demands, obligations, liabilities, causes of action,
damages, losses, costs and expenses of any kind or character, whether based in equity, law, contract, tort, implied or express warranty, strict liability, criminal or civil statute or common law (each a “Claim” and collectively, the
“Claims”), fixed or contingent, direct, indirect, or derivative, asserted or unasserted, matured or unmatured, past or present, liquidated or unliquidated, which such Group Member ever had or now has against any such Releasee which
arose from the beginning of the world to and including the date hereof (but excluding, for the avoidance of doubt, any Claim which arises after the date hereof) which relates, directly or indirectly to the Credit Agreement, any other Loan Document,
or to any acts or omissions of any such Releasee with respect to the Credit Agreement or any other Loan Document, or to the lender-borrower relationship evidenced by the Loan Documents, except for the duties and obligations set forth in this
Amendment (in each case, other than with respect to acts or omissions of any Releasee that a court of competent jurisdiction finally determines to have resulted from the gross negligence, willful misconduct or bad faith of such Releasee). As to each
and every Claim released hereunder, each Group Member also waives the benefit of each other similar provision of applicable federal or State law (including without limitation the laws of the state of New York), if any, pertaining to general releases
after having been advised by its legal counsel with respect thereto. 

  
 -6- 

 10. Effect on Loan Documents. 
  

	 	a.	 The Credit Agreement, as amended hereby, and each of the other Loan Documents shall be and remain in full force
and effect in accordance with their respective terms and hereby are ratified and confirmed in all respects. The execution, delivery, and performance of this Amendment shall not operate, except as expressly set forth herein, as a modification or
waiver of any right, power, or remedy of the Administrative Agent or any Lender under the Credit Agreement or any other Loan Document. The consents, modifications, waivers and other agreements set forth herein are limited to the specifics hereof
(including facts or occurrences on which the same are based), shall not apply with respect to any facts or occurrences other than those on which the same are based, shall not excuse any non-compliance with the
Loan Documents, and shall not operate as a consent or waiver to any matter under the Loan Documents. Except for the amendments to the Credit Agreement expressly set forth herein, the Credit Agreement and other Loan Documents shall remain unchanged
and in full force and effect. To the extent any terms or provisions of this Amendment conflict with those of the Credit Agreement or other Loan Documents, the terms and provisions of this Amendment shall control. 

 

	 	b.	 Upon and after the Second Amendment Effective Date, each reference in the Credit Agreement to “this
Agreement”, “hereunder”, “herein”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to “the Credit Agreement”, “thereunder”,
“therein”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as modified and amended hereby. 

 

	 	c.	 To the extent that any terms and conditions in any of the Loan Documents shall contradict or be in conflict
with any terms or conditions of the Credit Agreement, after giving effect to this Amendment, such terms and conditions are hereby deemed modified or amended accordingly to reflect the terms and conditions of the Credit Agreement as modified or
amended hereby. 

  

	 	d.	 This Amendment is a Loan Document. 

 

	 	e.	 Unless the context of this Amendment clearly requires otherwise, references to the plural include the singular,
references to the singular include the plural, the terms “includes” and “including” are not limiting, and the term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase
“and/or”. 

 11. Entire Agreement. This Amendment, and terms and provisions hereof, the Credit Agreement and the other
Loan Documents constitute the entire understanding and agreement between the parties hereto with respect to the subject matter hereof and supersedes any and all prior or contemporaneous amendments or understandings with respect to the subject matter
hereof, whether express or implied, oral or written and is the final expression and agreement of the parties hereto with respect to the subject matter hereof. 

  
 -7- 

 12. Reaffirmation of Obligations. Each Loan Party hereby restates, ratifies and reaffirms its obligations
under each Loan Document to which it is a party, effective as of the date hereof and amended hereby. Each Loan Party hereby further ratifies and reaffirms the validity and enforceability of all of the Liens heretofore granted, pursuant to and in
connection with the Guarantee and Collateral Agreement or any other Loan Document to the Administrative Agent on behalf and for the benefit of the Lenders and the Issuing Lender, as collateral security for the obligations under the Loan Documents in
accordance with their respective terms, and acknowledges that all of such Liens, and all collateral heretofore pledged as security for such obligations, continues to be and remain collateral for such obligations from and after the date hereof. 

13. Severability. In case any provision in this Amendment shall be invalid, illegal or unenforceable, such provision shall be severable from the
remainder of this Amendment and the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

[Remainder of Page Intentionally Left Blank] 

  
 -8- 

 IN WITNESS WHEREOF, the parties have executed this Amendment by their respective duly
authorized officers. 
  

							
	HOLDINGS:
	
	VECTOR CAMBIUM HOLDINGS (CAYMAN), L.P.,
	as Holdings
		
	By:	 	 Vector Capital Partners IV, L.P.,

its General Partner

			
		 	By:	 	 Vector Capital, L.L.C.
 a General
Partner

			
		 	By:	 	/s/ David Baylor
		 		 	 David Baylor
 Chief Operating
Officer

			
		 	By:	 	 Vector Capital, Ltd.,
 a General
Partner

				
		 		 	By:	 	/s/ David Baylor
		 		 		 	 David Baylor
 Director

  
 [Signature page to
Second Amendment to Amended and Restated Credit Agreement] 

 
			
	BORROWER:
	
	EXECUTED and DELIVERED as a DEED by CAMBIUM NETWORKS, LTD acting by a director in the presence of:
		
	Signature of director	 	/s/ Stephen Cumming
		
	Print Name	 	Stephen Cumming
		
	Signature of witness	 	/s/ Peter Schuman
		
	Print Name	 	Peter Schuman
		
	Address	 	Peter Schuman
		
		 	2502 Poppy Dr.
		
		 	Burlingame, CA 94010
		
	Occupation	 	Investor Relations Consultant

  
 [Signature page to
Second Amendment to Amended and Restated Credit Agreement] 

			
	Acknowledged and Agreed to:
	
	PARENT GUARANTORS:
	
	 CAMBIUM NETWORKS CORPORATION

(f/k/a Vector Cambium Holdings (Cayman), Ltd.)
 as a Parent
Guarantor

		
	By:	 	/s/ Alexander R. Slusky                         
               
	Name: Alexander R. Slusky
	Title: Director

  
 [Signature page to
Second Amendment to Amended and Restated Credit Agreement] 

			
	 CAMBIUM (US), L.L.C.,
 as a
Parent Guarantor

		
	By:	 	/s/ Stephen Cumming                           
             
	Name: Stephen Cumming
	Title: Chief Financial Officer

  
 [Signature page to
Second Amendment to Amended and Restated Credit Agreement] 

			
	 SUBSIDIARY GUARANTORS:

	
	 CAMBIUM NETWORKS, INC.,
 as a
Subsidiary Guarantor

		
	By:	 	/s/ Stephen Cumming                           
             
	Name: Stephen Cumming
	Title: Chief Financial Officer

  
 [Signature page to
Second Amendment to Amended and Restated Credit Agreement] 

 
			
	ADMINISTRATIVE AGENT:
	
	 SILICON VALLEY BANK
 as the
Administrative Agent

		
	By:	 	/s/ Michael Willard                           
                       
	Name: Michael Willard
	Title: Managing Director

  
 [Signature page to
Second Amendment to Amended and Restated Credit Agreement] 

 
			
	LENDERS:
	
	 SILICON VALLEY BANK
 as
Issuing Lender and as a Lender

		
	By:	 	/s/ Michael Willard                           
                       
	Name: Michael Willard
	Title: Managing Director

  
 [Signature page to
Second Amendment to Credit Agreement] 

 
			
	 HSBC BANK USA, NATIONAL ASSOCIATION

as a Lender

		
	By:	 	/s/ Will
Turner                                        
              

 
			
		
	Name:	 	Will Turner                             
                           

 
			
		
	Title:	 	Global Relationship Manager                          
   

  
 [Signature page to
Second Amendment to Credit Agreement] 

 
			
	 CADENCE BANK, N.A.
 as a
Lender

		
	By:	 	/s/ Steve Prichett                           
                         

 
			
		
	Name:	 	Steve Prichett                             
                       

 
			
		
	Title:	 	EVP                               
                                     

  
 [Signature page to
Second Amendment to Credit Agreement] 

 
			
	 MUFG UNION BANK, N.A.
 as a
Lender

		
	By:	 	/s/ Michael Stahl                           
                         

 
			
		
	Name:	 	Michael Stahl                             
                       

 
			
		
	Title:	 	Director                              
                                 

  
 [Signature page to
Second Amendment to Credit Agreement] 

 AGREED AND ACKNOWLEDGED: 

 

			
	VECTOR CAPITAL IV, L.P.
		
	By:	 	 Vector Capital Partners IV, LP.,
 its general
partner

		
	By:	 	 Vector Capital,
 its general
partner

		
	By:	 	/s/ Alexander R. Slusky
	Name:	 	Alexander R. Slusky
	Title:	 	Managing Member

  
 [Signature page to
Second Amendment to Credit Agreement]Exhibit

Exhibit 10.1

FIRST INCREMENTAL AMENDMENT TO 
TERM LOAN CREDIT AGREEMENT

THIS FIRST INCREMENTAL AMENDMENT TO TERM LOAN CREDIT AGREEMENT (this “Incremental Amendment”) dated as of May 22, 2019, is by and among DELEK US HOLDINGS, INC., a Delaware corporation (the “Borrower”), the Guarantors listed on the signature pages hereof, WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent (in such capacity, together with its successors in such capacity, the “Administrative Agent”) for the lenders from time to time party to the Credit Agreement referred to below (the “Lenders”), and the Incremental Lender (as defined below). 
R E C I T A L S
A.    The Borrower, the Lenders, the Administrative Agent and the other agents referred to therein are parties to that certain Term Loan Credit Agreement, dated as of March 30, 2018, as amended by that certain Amendment No. 1 to Term Loan Credit Agreement, dated as of October 26, 2018 (as further amended, restated, amended and restated or otherwise modified from time to time prior to the date hereof, the “Existing Credit Agreement”, and the Existing Credit Agreement as amended by this Incremental Amendment, the “Credit Agreement”), pursuant to which the Lenders have made certain financial accommodations (subject to the terms and conditions thereof) to the Borrower.
B.    The Borrower has requested and the lender identified on Schedule A hereto (the “Incremental Lender”) has agreed to provide incremental Loans in the aggregate amount of $250,000,000.00 (the “Incremental Loans”) in accordance with Section 2.17 of the Credit Agreement.
C.    Pursuant to Section 2.17(f) of the Existing Credit Agreement, the Borrower, the Administrative Agent and the Incremental Lender desire to amend the Existing Credit Agreement on the terms as set forth herein.
NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
Section 1.Defined Terms.  Each capitalized term used herein but not otherwise defined herein has the meaning given such term in the Credit Agreement.  Unless otherwise indicated, all article, schedule, exhibit and section references in this Incremental Amendment refer to articles, schedules, exhibits and sections of the Credit Agreement.
Section 2.    Amendments to Existing Credit Agreement. Subject to the satisfaction or waiver in writing of each condition precedent set forth in Section 4 hereof, and in reliance on the representations, warranties, covenants and agreements contained in this Incremental Amendment, the Administrative Agent and the Incremental Lender hereby consent to the following amendments to the Existing Credit Agreement:

2.1    Amendments to Section 1.1 (Definitions).
(a)    The definition of “Loan Documents” in Section 1.1 of the Credit Agreement is hereby amended by inserting after “Amendment No. 1,” the following: “the First Incremental Amendment,”.
(b)    The following definitions are hereby added to Section 1.1 of the Credit Agreement where alphabetically appropriate:
“First Incremental Amendment”:  the First Incremental Amendment to Term Loan Credit Agreement, dated as of May 22, 2019, by and among the Borrower, the Guarantors party thereto, the Administrative Agent and the Incremental Lender party thereto.
“First Incremental Effective Date”:  the Effective Date (as defined in the First Incremental Amendment), which, for the avoidance of doubt, is May 22, 2019.
2.2    Amendment to Section 2.3.  The first sentence of Section 2.3 of the Credit Agreement is hereby amended and restated in its entirety as follows:
“The Borrower shall repay the aggregate outstanding principal amount of the Initial Loans and the Incremental Loans made on the First Incremental Effective Date in consecutive quarterly installments in an amount equal to $2,375,000 on the last Business Day of each of March, June, September and December, commencing with June 30, 2019, except as the amounts of individual installments may be adjusted pursuant to Section 2.4 hereof.”
Section 3.    Incremental Loans. 
3.1    Incremental Loan.
(a)    Incremental Commitments.  Subject to the satisfaction or waiver in writing of each condition precedent set forth in Section 4 hereof, and in reliance on the representations, warranties, covenants and agreements contained in this Incremental Amendment, the Incremental Lender hereby agrees to make the Incremental Loans to the Borrower on the Effective Date (as defined below) in a principal amount not to exceed the amount set forth opposite the Incremental Lender’s name in Schedule A attached hereto (the “Incremental Commitments”).  The Administrative Agent has notified the Incremental Lender of its allocated Incremental Commitment, and the Incremental Lender is a signatory to this Incremental Amendment.
(b)    Class of Loans.  The Incremental Loans, once funded, shall constitute Loans and shall be in the form of an increase to the Loans outstanding under the Existing Credit Agreement immediately prior to the Effective Date (such outstanding Loans, for the purposes of this Incremental Amendment, herein called the “Existing Loans”), and thereafter, in accordance with Section 2.17(a) of the Credit Agreement, the Incremental Loans and the Existing Loans shall be treated as a single Class of Loans for all purposes under the Credit Agreement and the other Loan Documents.  As of the Effective Date, after giving effect to the making of the Incremental Loans, the aggregate principal amount of Loans outstanding pursuant to the Credit Agreement shall be $943,000,000.

2

(c)    Tax Fungibility.  For U.S. federal and applicable state and local income tax purposes, after giving effect to this Incremental Amendment, the Existing Loans and the Incremental Loans are intended to be treated as one fungible tranche.  Unless otherwise required by applicable law, none of the Loan Parties, the Administrative Agent or any Lender shall take any tax position inconsistent with the preceding sentence.
(d)    Incremental Incurrence Basket.  The Borrower hereby acknowledges that all of the Incremental Loans are being incurred under the Incurrence-Based Incremental Amount.
(e)    Use of Proceeds.  The Borrower will use the proceeds of the Incremental Loans (i) to repay amounts outstanding under the ABL Agreement, (ii) for general corporate purposes and (iii) to pay fees and expenses in connection with the foregoing and the preparation and negotiation of this Incremental Amendment and the funding of the Incremental Loans.
(f)    Agreements of the Incremental Lender.  The Incremental Lender agrees that (i) effective on and at all times after the Effective Date, the Incremental Lender will be bound by all obligations of a Lender under the Credit Agreement and (ii) on the Effective Date, the Incremental Lender will fund Incremental Loans in Dollars to the Administrative Agent for the account of the Borrower in an amount equal to the Incremental Lender’s Incremental Commitment.  The Incremental Commitment shall terminate on the Effective Date following the funding to the Borrower in full in immediately available funds of the Incremental Commitment.
(g)    OID Amount.  The Incremental Loans will be funded net of an original issue discount in an amount equal to 0.75% of the aggregate principal amount of the Incremental Loans.  For the avoidance of doubt, the full amount of the Incremental Loans (without taking into account any netting of the OID Amount occurring on the Effective Date) shall be repaid under the Credit Agreement (including, without limitation, in accordance with Sections 2.3 and 2.4 of the Credit Agreement) and interest shall be payable on the full amount of the Incremental Loans (without taking into account any netting of the OID Amount occurring on the Effective Date) in accordance with Section 2.5 of the Credit Agreement.
(h)    Credit Agreement Governs.  Except as otherwise stated herein, the terms of the Incremental Loans shall be the same as the terms of the Existing Loans as set forth in the Credit Agreement.  The Applicable Margin for the Incremental Loans shall be the same as for the Existing Loans.  Incremental Loans that are repaid may not be reborrowed.
(i)    Pari Passu; Maturity; Amortization.  The Incremental Loans shall rank pari passu in right of payment and of security with the Existing Loans and mature on the same date that the Existing Loans mature. For the avoidance of doubt, (i) the Incremental Loans shall share in mandatory prepayments of Loans under Section 2.4(b) of the Credit Agreement on a pro rata basis with the Existing Loans and in voluntary prepayments of Loans under Section 2.4(a) of the Credit Agreement on a pro rata basis with the Existing Loans and (ii) the amortization set forth in Section 2.3 of the Credit Agreement shall apply to the Incremental Loans and Existing Loans.
(j)    Interest Periods.  The Incremental Loans shall be initially incurred pursuant to a single borrowing of LIBOR Rate Loans, with such borrowing to be subject to (x) an Interest 

3

Period which commences on the Effective Date and ends on the last day of the Interest Period applicable to the Existing Loans, and (y) the LIBOR Rate applicable to the Existing Loans. The Administrative Agent shall record the Incremental Loans in the Register, and the principal amounts and stated interest of the Incremental Loans owing to the Incremental Lender and its subsequent permitted assignees.
(k)    Call Premium.  In consideration for the making of the Incremental Loans, the Borrower agrees that in the event that, on or prior to the six-month anniversary of the Effective Date (as defined below), the Borrower (i) makes any prepayment of the Loans in connection with any Repricing Transaction (as defined below) or (ii) effects any amendment of the Credit Agreement resulting in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the ratable account of each applicable Lender, a fee in an amount equal to, (x) in the case of clause (i), a prepayment premium of 1.0% of the amount of the Loans being prepaid and (y) in the case of clause (ii), a payment equal to 1.0% of the aggregate amount of the applicable Loans outstanding immediately prior to such amendment.  Such fees shall be due and payable within three (3) Business Days of the date of the effectiveness of such Repricing Transaction.  For the purpose of this clause (k), “Repricing Transaction” means (a) any prepayment or repayment of the Loans with the proceeds of, or any conversion of the Loans into, any new or replacement tranche of loans bearing interest with an All-In Yield less than the All-In Yield applicable to the Loans and (b) any amendment to the pricing terms of the Loans which reduces the All-In Yield applicable to the Loans; provided, that any prepayment or refinancing in connection with a Change of Control or any refinancing that involves an upsizing in connection with a Transformative Acquisition shall not be considered a Repricing Transaction.
(l)    Procedure for Funding of Incremental Loans.  This Incremental Amendment shall serve as sufficient notice for the borrowing of the Incremental Loans on the Effective Date.  The Borrower hereby irrevocably authorizes the Agent to disburse the proceeds of the Incremental Loans in immediately available funds by wire transfer to such Person or Persons as may be designated by the Borrower in writing.
Section 4.    Conditions Precedent.  
4.1    Effectiveness.  The amendments set forth in Section 2 of this Incremental Amendment and the obligation of the Incremental Lender to make the Incremental Loans under Section 3 hereof shall not become effective until the date on which each of the following conditions has been satisfied (or waived in accordance with Section 13.1 of the Credit Agreement) (such date, the “Effective Date”): 
(a)    Counterparts.  Administrative Agent shall have received executed counterparts of this Incremental Amendment from each of the Loan Parties and the Incremental Lender.
(b)    Notes.  The Administrative Agent shall have received, for the account of the Incremental Lender, if requested at least two Business Days in advance of the Effective Date, a Note conforming to the requirements set forth in the Credit Agreement and executed and delivered by a duly authorized officer of the Borrower.

4

(c)    [Reserved].
(d)    Representations and Warranties; No Default or Event of Default.  The Borrower shall have delivered a certificate of an Authorized Person of the Borrower certifying that as of the Effective Date and after giving effect to this Incremental Amendment, (i) each of the representations and warranties made by any Loan Party contained in Article 4 of the Credit Agreement and in each other Loan Document are true and correct in all material respects (and in all respects if any such representation or warranty is already qualified by materiality) on and as of the Effective Date, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects (and in all respects if any such representation or warranty is already qualified by materiality) as of such earlier date and (ii) no Default or Event of Default shall have occurred and be continuing on such date or would immediately result after giving effect to this Incremental Amendment, the Incremental Commitments and the application of the proceeds herefrom.
(e)    Fees and Expenses.  The Administrative Agent shall have received all Lender Group Expenses due and payable on or prior to the Effective Date, or substantially simultaneously with the effectiveness of this Incremental Amendment, including to the extent invoiced at least two Business Days prior thereto, reimbursement or payment of all out of pocket expenses required to be reimbursed or paid to the Administrative Agent by the Borrower under the Credit Agreement.  The Borrower shall have paid all fees specified under that certain Engagement Letter, dated as of April 22, 2019, between the Borrower and Wells Fargo Securities, LLC.
(f)    Lien Searches.  The Administrative Agent shall have received copies of a recent Lien and judgment search in each jurisdiction reasonably requested by the Administrative Agent with respect to the Loan Parties.
(g)    The Borrower and each of the Guarantors shall have provided the documentation and other information reasonably requested in writing at least five (5) days prior to the Effective Date by the Incremental Lender as it reasonably determines is required by regulatory authorities in connection with applicable “know your customer” and anti-money-laundering rules and regulations, including, without limitation, the Patriot Act and the requirements of the Beneficial Ownership Regulation, in each case at least one (1) Business Day prior to the Effective Date (or such shorter period as the Administrative Agent shall otherwise agree).
(h)    Documentary Conditions.    The Administrative Agent shall have received each of the following, dated as of the Effective Date:
(i)     a certificate from the Secretary of each Loan Party (A) attesting to the resolutions of such Loan Party’s board of directors (or similar governing authority) authorizing its execution, delivery, and performance of this Incremental Amendment and the incurrence of the Incremental Loans, (B) authorizing specific officers of such Loan Party to execute this Incremental Amendment and the other Loan Documents, (C) attesting to the incumbency and signatures of such specific officers of such Loan Party, (D) attaching copies of each Loan Party’s Governing Documents (or certifying that Governing Documents delivered on the Closing Date 

5

remain in effect and have not been amended since such date), which Governing Documents shall be certified by the Secretary of such Loan Party; 
(ii)     copies of a certificate of status as of a recent date with respect to each Loan Party that indicates that such Loan Party is in good standing in its jurisdiction of organization;
(iii)     a certificate of the Borrower’s chief financial officer or treasurer certifying to the Solvency of Loan Parties taken as a whole as of the Effective Date immediately after giving effect to the transactions contemplated hereby;
(iv)     a certificate of an Authorized Person of the Borrower certifying that the Net Leverage Ratio of the Borrower, determined on a pro forma basis and after giving effect to the incurrence of the Incremental Loans, as of the last day of the most recently ended period of four (4) consecutive fiscal quarters for which financial statements are delivered or required to be delivered pursuant to Section 5.1 of the Credit Agreement does not exceed 2.50 to 1.00 and attaching reasonably detailed calculations thereof; and
(v)     opinions of Baker Botts L.L.P., counsel to Loan Parties and PPGMR Law, PLLC, local Arkansas counsel to the Loan Parties, each in form and substance satisfactory to the Administrative Agent.
Section 5.    Post-Closing Obligations.  Within 90 days after the Effective Date (or such longer period as the Administrative Agent may reasonably agree), 
5.1    The Administrative Agent shall have received life-of-loan Federal Emergency Management Agency Standard Flood Hazard Determinations from a firm reasonably acceptable to the Administrative Agent covering any “Building” or “Manufactured (Mobile) Home” (each, as defined in the applicable Flood Insurance Laws and related regulations) constituting Collateral showing whether or not such “Building” or “Manufactured (Mobile) Home” is located in a special flood hazard area subject by federal regulation to mandatory flood insurance requirements. If any such “Building” or “Manufactured (Mobile) Home” is in a special flood hazard area, Borrower shall have also delivered copy of a notice as to the existence of a special flood hazard acknowledged by the Borrower and a copy of one of the following: (w) the flood hazard insurance policy, (x) the Borrower’s application for a flood hazard insurance policy, together with proof of payment of the premium associated therewith, (y) a declaration page confirming that flood hazard insurance has been issued to the Borrower or (z) such other evidence of flood hazard insurance satisfactory to the Administrative Agent.
5.2    Administrative Agent and the applicable Loan Parties shall have entered into such amendments to the Security Documents (including modifications to the Mortgages) and received such opinions and title insurance endorsements and other documentation, in each case as may be reasonably requested by the Administrative Agent in connection with the Incremental Loans and the Borrower shall have delivered such other documents and certificates in connection therewith as may be reasonably requested by the Administrative Agent, in each case as are necessary or advisable to maintain in favor of the Administrative Agent, for the benefit of the Secured Parties, 

6

Liens on the Collateral that are duly perfected (subject to Permitted Liens) in accordance with the requirements of, or the obligations of the Loan Parties under, the Credit Agreement, the other Loan Documents and applicable Law.
Section 6.    Representations and Warranties.  To induce the Administrative Agent and the Incremental Lender to enter into this Incremental Amendment, each of the Loan Parties represents and warrants to the Administrative Agent and the Incremental Lender party hereto on and as of the Effective Date that:
(a)all of the representations and warranties of each Loan Party contained in the Credit Agreement or the other Loan Documents are true and correct in all material respects on and as of the Effective Date; provided that, to the extent that such representations and warranties specifically refer to an earlier date, they shall be true and correct in all material respects as of such earlier date; provided, further that any representation and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar language shall be true and correct (after giving effect to any qualification therein) in all respects on and as of the Effective Date or such earlier date; and
(b)no Default or Event of Default exists as of the Effective Date, or would result from the making of the Incremental Loans or the application of the proceeds of the Incremental Loans.
Section 7.    Reaffirmation.  Each Loan Party hereto expressly acknowledges the terms of this Incremental Amendment and reaffirms, as of the date hereof and on the Effective Date, that its guarantee of the Guarantied Obligations (as defined in the Guaranty and Security Agreement) and its grant of Liens on the Collateral to secure the Secured Obligations (as defined in the Guaranty and Security Agreement) pursuant to each Security Document to which it is a party, in each case, continues in full force and effect and extends to the obligations of the Loan Parties under the Loan Documents (including the Credit Agreement) subject to any limitations set out in the Credit Agreement and any other Loan Document applicable to that Loan Party.  Neither the execution, delivery, performance or effectiveness of this Incremental Amendment nor the modification of the Credit Agreement effected pursuant hereto impairs the validity, effectiveness or priority of the Liens granted pursuant to any Loan Document, and such Liens continue unimpaired with the same priority to secure repayment of all Secured Obligations, whether heretofore or hereafter incurred.  Each Loan Party acknowledges and agrees that each of the Loan Documents to which it is a party or otherwise bound shall continue in full force and effect and that all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited by the execution or effectiveness of this Incremental Amendment.
Section 8.    Reference to and Effect on the Credit Agreement and the Loan Documents.
8.1    Incremental Amendment.    This Incremental Amendment constitutes (i) the written notice required to be delivered by the Borrower to the Administrative Agent under Section 2.17(a) of the Existing Credit Agreement, and (ii) an “Incremental Amendment” for all purposes of the Credit Agreement and the other Loan Documents.

7

8.2    Loan Document.  
(a)    This Incremental Amendment and each agreement, instrument, certificate or document executed by the Borrower or any of its officers in connection herewith are “Loan Documents” as defined and described in the Existing Credit Agreement and all of the terms and provisions of the Loan Documents relating to other Loan Documents shall apply hereto and thereto.  On and after the 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 or otherwise modified by this Incremental Amendment.
(b)    On and after the Effective Date, (i) the Incremental Commitments shall constitute “Commitments” and “Incremental Commitments”, (ii) the Incremental Loan shall constitute “Loans” and “Incremental Loans”, and (iii) the Incremental Lender shall be a “Lender” and an “Incremental Lender”, as each term is defined in the Credit Agreement, in each case, for all purposes under the Credit Agreement and the other Loan Documents. 
8.3    No Waiver.  The execution, delivery and effectiveness of this Incremental Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents.
8.4    No Novation.  This Incremental Amendment shall not constitute a novation of the Existing Credit Agreement or of any other Loan Document.
Section 9.    Miscellaneous.
9.1    Confirmation.  The provisions of the Loan Documents, as amended by this Incremental Amendment, shall remain in full force and effect in accordance with their terms following the effectiveness of this Incremental Amendment.
9.2    Ratification and Affirmation.  Each of the undersigned does hereby adopt, ratify, and confirm the Existing Credit Agreement and the other Loan Documents, as amended hereby, and its obligations thereunder.  Each Loan Party hereby acknowledges, renews and extends its continued liability under, each Loan Document to which it is a party and agrees that each Loan Document to which it is a party remains in full force and effect, except as expressly amended hereby, notwithstanding the amendments contained herein.
9.3    Amendment, Modification and Waiver.  This Incremental Amendment may not be amended, modified or waived except pursuant to a writing signed by each of the parties hereto.
9.4    Counterparts.  This Incremental Amendment may be executed by one or more of the parties hereto in any number of separate counterparts, and all of such counterparts taken together shall be deemed to constitute one and the same instrument.  Delivery of an executed signature page 

8

of this Incremental Amendment by facsimile or other electronic transmission shall be effective as delivery of a manually executed counterpart hereof. 
9.5    NO ORAL AGREEMENT.  THIS INCREMENTAL AMENDMENT, THE EXISTING CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH AND THEREWITH REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR UNWRITTEN ORAL AGREEMENTS OF THE PARTIES.  THERE ARE NO SUBSEQUENT ORAL AGREEMENTS BETWEEN THE PARTIES.
9.6    CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER; JUDICIAL REFERENCE PROVISION.  SECTION 11 OF THE CREDIT AGREEMENT IS HEREBY INCORPORATED AND SHALL APPLY TO THIS INCREMENTAL AMENDMENT, MUTATIS MUTANDIS.
9.7    Severability.  Any provision of this Incremental Amendment that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
9.8    Headings. The headings of this Incremental Amendment are for purposes of reference only and shall not limit or otherwise affect the meaning hereof.

9

IN WITNESS WHEREOF, the parties hereto have caused this Incremental Amendment to be executed and delivered by their respective duly authorized officers as of the date first above written.
DELEK US HOLDINGS, INC.

By:    /s/Regina B. Jones    
Name:    Regina B. Jones
		
	Title: 
	Executive Vice President, General Counsel  and Secretary

By:    /s/Greg Intemann    
Name:    Greg Intemann
Title:     Vice President and Treasurer

[Signature Page to First Incremental Amendment]

ALON ASPHALT COMPANY 
ALON ASSETS, INC.
ALON BAKERSFIELD PROPERTY, INC. 
ALON CRUDE PIPELINE, LLC 
ALON LOUISIANA HOLDINGS, INC.
ALON PARAMOUNT HOLDINGS, INC. 
ALON REFINING KROTZ SPRINGS, INC. 
ALON REFINING LOUISIANA, INC.
ALON RENEWABLE FUELS, INC. 
ALON STORE ACQUISITIONS, LLC 
ALON SUPPLY, INC.
ALON TERMINALS, INC. 
ALON USA CAPITAL, INC.
ALON USA DELAWARE, LLC 
ALON USA ENERGY, INC.
ALON USA GP II, LLC, on behalf of itself and as the general partner of ALON USA, LP
ALON USA GP, LLC 
ALON USA HOLDINGS, LLC 
ALON USA PARTNERS GP, LLC, on behalf of itself and as the general partner of ALON USA PARTNERS, LP
ALON USA REFINING, LLC 
ALON USA, INC.
ALON WEST COAST, LLC 
DELEK ACQUISITIONS, INC.
DELEK BIG SPRING GATHERING, LLC 
DELEK BIG SPRING NORTH GATHERING, LLC 
DELEK BIG SPRING SOUTH MAINLINE, LLC

By:    /s/Regina B. Jones    
Name:    Regina B. Jones
		
	Title: 
	Secretary

By:    /s/Greg Intemann    
Name:    Greg Intemann
Title:     Vice President and Treasurer 

[Signature Page to First Incremental Amendment]

DELEK FINANCE, INC.
DELEK HELENA, LLC
DELEK LAND HOLDINGS, LLC 
DELEK LOGISTICS SERVICES COMPANY
DELEK MARKETING & SUPPLY, LLC 
DELEK PERMIAN GATHERING, LLC
DELEK RAIL LOGISTICS, INC.
DELEK REFINING, INC.,
DELEK RENEWABLES, LLC 
DELEK U.S. REFINING GP, LLC, on behalf of itself and as the general partner of DELEK REFINING, LTD.
DELEK US ENERGY, INC.
DK CANADA ENERGY ULC
DK INNOVATION (US), INC.
DK TRADING & SUPPLY, LLC
DK-IL ACQUISITION (US), LLC
DK-MX ACQUISITION (US), LLC
EDGINGTON OIL COMPANY, LLC 
J. CHRISTY CONSTRUCTION CO., INC.
LION OIL COMPANY
LION OIL TRADING & TRANSPORTATION, LLC 
PARAMOUNT OF OREGON, LLC 
PARAMOUNT OF WASHINGTON, LLC 
PARAMOUNT PETROLEUM CORPORATION 
PARAMOUNT PETROLEUM CORPORATION OF ARIZONA, INC.

By:    /s/Regina B. Jones    
Name:    Regina B. Jones
		
	Title: 
	Secretary

By:    /s/Greg Intemann    
Name:    Greg Intemann
Title:     Vice President and Treasurer

[Signature Page to First Incremental Amendment]

ALON BRANDS, INC. 
ALON FINANCIAL SERVICES, INC.
GTS LICENSING COMPANY, INC.
SKINNY’S, LLC
SOUTHWEST CONVENIENCE STORES, LLC

By:    /s/Regina B. Jones    
Name:    Regina B. Jones
		
	Title: 
	Executive Vice President

By:    /s/Greg Intemann    
Name:    Greg Intemann
Title:     Vice President and Treasurer

[Signature Page to First Incremental Amendment]

WELLS FARGO BANK, NATIONAL ASSOCIATION,
as Administrative Agent and Incremental Lender
By:    /s/Ryan C. Tozier    
Name:    Ryan C. Tozier
Title:    Vice President

[Signature Page to First Incremental Amendment]

Schedule A
Incremental Commitments
	
				
	Incremental Lender
	Incremental Commitment

	Wells Fargo Bank, National Association
	

	$250,000,000
	

	Total
	

	$250,000,000

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00296-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00296-of-00352.parquet"}]]