Document:

Amd No. 5 to Credit Agreement

 EXHIBIT 10.2 
  
 EXECUTION COPY 
  
 AMENDMENT NO. 5 
  
 Dated as of December 30, 2003 
  
 to 
  
 AMENDED AND RESTATED CREDIT AGREEMENT

  
 Dated as of July 9, 2002 
  
 THIS AMENDMENT NO. 5 (this “Amendment”) is entered into as
of December 30, 2003 by and among SYNNEX CORPORATION (formerly known as SYNNEX Information Technologies, Inc.), a Delaware corporation (the “Borrower”), GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“GE
Capital”), as a Lender and in its capacity as the contractual representative for itself and the Lenders (the “Agent”) and BANK OF AMERICA, N.A., as a Lender (“Bank of America”). Capitalized terms used in
this Amendment which are not otherwise defined herein, shall have the meanings given such terms in the Credit Agreement (as defined below). 
  
 RECITALS: 
  
 WHEREAS, the Borrower, the Lenders and the Agent are parties to that certain Amended and Restated Credit Agreement dated as of July 9, 2002 (as amended,
the “Credit Agreement”); and 
  
 WHEREAS, the
parties hereto have agreed to amend the Credit Agreement on the terms and conditions set forth herein; 
  
 NOW, THEREFORE, in consideration of the premises set forth above, the terms and conditions contained herein, and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Borrower, the Lenders and the Agent hereby agree as follows. 
  
 1. Amendment the Credit Agreement. As of the Effective Date (as hereafter defined) and subject to the satisfaction of the conditions precedent set
forth in Section 3 below, the Credit Agreement is hereby amended as follows: 
  
 1.1. Section 1.1(b)(iii) is hereby amended by inserting “, and shall on at least a weekly basis,” after “may” in the second line of such Section. 
  
 1.2. Section 1.13 is hereby amended by inserting the following at the end of
such Section: 

 “The Agent shall conduct a field examination of the Borrower, its books and records, and the
Collateral at least twice per calendar year, unless Requisite Lenders shall otherwise agree.” 
  
 1.3. Section 1.18 is hereby amended to delete therefrom the words “[Intentionally Omitted].” and to substitute the following therefor:

  
 “Bank Products. The Borrower may request and the
Agent or any Lender may, in its sole and absolute discretion, arrange for the Borrower to obtain from the Agent or any Lender or any of their respective Affiliates, Bank Products although the Borrower is not required to do so. If Bank Products are
provided by an Affiliate of the Agent or a Lender in reliance on an indemnity from the Agent or such Lender (to the extent such indemnity is approved in writing by the Borrower), the Borrower agrees to pay the Agent or such Lender, as the case may
be, all costs and obligations owing by the Agent or such Lender which arise from any such indemnity given by the Agent or such Lender to its Affiliates related to such Bank Products; provided, however, nothing herein shall limit the
Borrower’s rights against the Agent or such Lender or any of their respective Affiliates that arise under any documents relating to such Bank Products. This Section 1.18 shall survive termination of this Agreement.” 
  
 1.4. The proviso to Section 6.8(a) is hereby restated in its entirety as
follows: 
  
 “; provided that no such sales shall be
permitted from and after (i) the occurrence of a “Termination Event” (as defined in the Receivables Purchase Documents), or (ii) notice of the occurrence of a Stop Event shall have been given by the Agent or any Lender to GE Capital in its
capacity as “Agent” under the Receivables Purchase Agreement” 
  
 1.5. Section 6.9 is hereby amended by inserting the following at the end of such Section: 
  
 “The Borrower shall not agree to any amendment or modification of clause (e) of the definition of “Facility Termination Date” contained in
the Receivables Purchase Documents.” 
  
 1.6. Section 8.4(vi)
is hereby amended by inserting “and Bank Products” after “Swing Line Loan” in the second line thereof. 
  
 1.7. Section 10.13(b) is hereby amended by inserting the following at the end of such Section: 
  
 “Notwithstanding anything herein to the contrary, the Borrower, Agent
and any Lender (and each of their employees, representatives or other agents) may disclose to any and all persons, without limitation of any kind, any information with respect to the “tax treatment” and “tax structure” (in each
case, within the meaning of Treasury Regulation Section 1.6011-4) of the transactions contemplated hereby and all materials of any kind (including opinions or other tax 
  

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 analyses) that are provided to the Borrower, Agent or Lender relating to such tax treatment and tax
structure.” 
  
 1.8. Annex A to the Credit Agreement is
hereby amended as follows: 
  
 (a) The following new definitions
are added in the appropriate alphabetical locations: 
  
 “ACH Transactions” means any cash management or related services including the automatic clearing house transfer of funds by the Agent or any Lender for the account of the Borrower pursuant to agreement or overdrafts. 

 
 “Bank Products” means any one or more of the following types of
services or facilities extended to the Borrower by the Agent or any Lender or any Affiliate of the Agent or any Lender in reliance on an agreement by the Agent or any Lender to indemnify such Affiliate: (a) credit cards; (b) ACH Transactions; (c)
cash management, including controlled disbursement services; (d) Hedge Agreements and (e) letters of credit and bankers acceptances. 
  
 “Hedge Agreement” means any and all transactions, agreements or documents now existing or hereafter entered into, which provide for an interest
rate, credit, commodity or equity swap, cap, floor, collar, forward foreign exchange transaction, currency swap, cross currency rate swap, currency option, or any combination of, or option with respect to, these or similar transactions, for the
purpose of hedging the Borrower’s exposure to fluctuations in interest or exchange rates, loan, credit exchange, security or currency valuations or commodity prices. 
  
 “Stop Event” means (a)(i) as of the end of any Fiscal Quarter, the Borrower, on a consolidated basis with its
Subsidiaries, shall have for the related Rolling Period (as defined in Annex G), a Fixed Charge Coverage Ratio (as defined in Annex G) of less than 1.5 to 1.00 and (ii) Net Borrowing Availability shall be less than $15,000,000 at any time during the
Fiscal Quarter following the Fiscal Quarter referred to in clause (a)(i) above or (b) the occurrence of an Event of Default under Section 8.1(a) or Section 8.1(f)(ii) with respect to the Borrower. 
  
 (b) The definitions of “Borrowing Base,” “Commitments,”
“Line Increase Period,” “Maximum Amount,” “Net Borrowing Availability,” “Revolving Credit Commitment” and “Swing Line Commitment” are hereby restated in their entirety as follows: 
  
 “Borrowing Base” shall mean, as of any date of
determination by the Agent, an amount equal to the lesser of (A) the product of (x) 85% (or such other percentage as the Agent shall determine in its reasonable credit judgment) and (y) the net orderly liquidation value of Eligible Inventory as of
such date based on the most recently conducted appraisal of the Borrower’s inventory and (B) the product of (1) 50% (or such other percentage as the Agent shall determine in its reasonable credit judgment) and (2) aggregate amount of Eligible
Inventory as of such date, 
  

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 valued at the lower of cost or market value, determined on a first-in-first-out basis. 
  
 “Commitments” shall mean as to all of the Lenders, the
aggregate of all of the Lenders’ Revolving Credit Commitments, which aggregate commitment shall be $45,000,000, as such amount may be adjusted, if at all, from time to time in accordance with the Agreement. 
  
 “Line Increase Period” shall mean the period from September
8, 2003 through and including December 5, 2003. 
  
 “Maximum Amount” shall mean, at any particular time, an amount equal to the aggregate Revolving Credit Commitments of all the Lenders, which aggregate commitment shall be $45,000,000, as such amount may be adjusted, if at
all, from time to time in accordance with the Agreement. 
  
 “Net Borrowing Availability” shall mean, as of any date of determination, (a) the Borrowing Availability on such date, less (b) the Revolving Credit Loan then outstanding. 
  
 “Revolving Credit Commitment” shall mean, as to each
Lender, the commitment of such Lender to make Revolving Credit Advances to the Borrower pursuant to Section 1.1 in the aggregate principal amount outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule I to this
Agreement or specified in any amendment hereto or any assignment hereof pursuant to Section 9.2, as such amount may be reduced or terminated in accordance with the terms of this Agreement. 
  
 “Swing Line Commitment” shall mean, as to the Swing Line
Lender, $3,000,000, which commitment constitutes a subfacility of the Revolving Credit Commitment of the Swing Line Lender. 
  
 (c) The definition of “Obligations” is hereby amended to add the following to the end of the first sentence thereof: 
  
 “(including, without limitation, all debts, liabilities and obligations
of the Borrower to the Agent and/or any Lender now or hereafter arising from or in connection with Bank Products)” 
  
 (d) The definition of “Supermajority Lenders” is hereby amended to delete therefrom each reference to “eighty percent (80%)” and, in
each case, to substitute a reference to “one-hundred percent (100%)” therefor. 
  
 1.9. Annex B is hereby amended to add the following at the end of such Annex: 
  
 “11. Notwithstanding anything herein to the contrary, at any time that a Default or Event of Default exists due to a breach of any of the financial
covenants set forth in Annex G, or an Event of Default exists under Section 8.1(a)or Section 8.1(f)(ii), (a) the Borrower shall cause all remittances, receipts and other sums of any kind payable to the 
  

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 Borrower, ComputerLand Corporation, ECLand.com and MiTAC Industrial Corp. to be directed to the
Collection Account, (b) any remittances, receipts or other sums received by any such company shall be held in trust for the account of the Agent and shall be promptly deposited into the Collection Account, and (c) the Borrower, ComputerLand
Corporation, ECLand.com and MiTAC Industrial Corp. shall have no rights to such funds once deposited into the Collection Account.” 
  
 1.10. Annex E is hereby amended as follows: 
  
 (a) Clause 1 of Annex E is amended by inserting the following at the end of such Clause: 
  
 “At any time when Net Liquidity Availability is less than $20,000,000, the Borrower shall deliver such certificate and
reports to the Agent and the Lenders by the second business day of each week, prepared as of the end of business for the prior week.” 
  
 (b) Clause 13 of Annex E is hereby amended and restated in its entirety as follows: 
  
 “13. The Borrower, at its own expense, shall deliver to Agent an appraisal of the Inventory of the Borrower and
ComputerLand, such appraisal to be conducted by an appraiser, and otherwise in form and substance, reasonably satisfactory to Agent (i) at least once during each calendar year if the Agent or any Lender so requests, and (ii) upon the request of the
Agent at any time after Net Liquidity Availability shall have been less than $15,000,000 for any period of five (5) consecutive days.” 
  
 1.11. Clause (b) of the definition of “Fixed Charges” set forth in Annex G is hereby amended and restated in its entirety as follows:

  
 “(b) regularly scheduled payments of principal on Debt
of the Borrower and its Subsidiaries paid during such period (other than regularly scheduled payments or principal in respect of (i) Debt owing under this Agreement and the Receivables Purchase Agreement and (ii) Debt owing by SYNNEX K.K. so long as
(1) the aggregate principal amount of such Debt is less than or equal to $41,500,000 as of the date on which the amount of Fixed Charges is being determined and (2) such Debt does not provide for the payment of principal prior to the maturity date
thereof; provided, however, that notwithstanding the foregoing, regularly scheduled payments of principal in respect of Debt owing by SYNNEX K.K. to the Development Bank of Japan in the aggregate principal amount of $1,169,484 and the
Debt owing by SYNNEX K.K. in respect of the Japanese Yen denominated bonds issued by SYNNEX K.K. in July 2003 in the aggregate principal amount of $3,654,637, shall be included for purposes of this clause (b)), plus” 
  

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 1.12. Schedule I attached to this Amendment is hereby attached to the Credit Agreement as Schedule I
thereto. 
  
 2. Adjustments to Commitments and Pro Rata
Shares. The Borrower and Lenders agree that, as of the Effective Date, a settlement shall occur for the purpose of allocating the Revolving Credit Advances then outstanding to each Lender based on their respective Revolving Credit Commitments
and Pro Rata Shares. On and after the Effective Date, each Lender shall have a Revolving Credit Commitment and Pro Rata Share as set forth on Schedule I to this Amendment. Any interest, fees and other payments accrued prior to the Effective Date
with respect to the Revolving Credit Commitments, Advances and other Obligations under the Loan Documents shall be allocated on the basis of the Pro Rata Shares of each Lender as in effect prior to the Effective Date. Any interest, fees and other
payments accrued on and after the Effective Date with respect to the Revolving Credit Commitments, Advances and other Obligations under the Loan Documents shall be allocated on the basis of the Pro Rata Shares of the Lenders as of the Effective
Date. 
  
 3. Conditions of Effectiveness of this Amendment.
This Amendment shall become effective as of the date hereof (the “Effective Date”) when, and only when, the Agent shall have received each of the following: 
  
 (a) counterparts of this Amendment duly executed by the Borrower and the Requisite Lenders; 
  
 (b) a fully-executed copy of an amendment to the Receivables
Purchase Agreement, in form and substance satisfactory to the Requisite Lenders, providing for termination of sales and transfers of receivables by the Borrower and SFC under the Receivables Purchase Documents upon the delivery of notice to GE
Capital, as “Agent” under the Receivables Purchase Agreement that a Stop Event has occurred; and 
  
 (c) a Consent in the form attached hereto executed by each of ComputerLand Corporation and MiTAC Industrial Corp. 
  
 4. Representations and Warranties of the Borrower. 
  
 4.1. Upon the effectiveness of this Amendment pursuant to Section 3
hereof, the Borrower hereby reaffirms in all material respects all covenants, representations and warranties made in the Credit Agreement to the extent the same are not amended hereby and except to the extent the same expressly relates solely to an
earlier date and agrees that all such covenants, representations and warranties shall be deemed to have been re-made as of the Effective Date of this Amendment and that, as of the Effective Date of this Amendment and after giving effect hereto, no
Default or Event of Default has occurred and is continuing. 
  
 4.2. The Borrower hereby represents and warrants that this Amendment and the Credit Agreement, as amended hereby, constitute legal, valid and binding obligations of the Borrower and are enforceable against the Borrower in accordance with
their terms. 
  
 5. Reference to and Effect on the Credit
Agreement. 
  

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 5.1. Upon the effectiveness of this Amendment pursuant to Section 3 hereof, on and after
the date hereof, each reference to the Credit Agreement in any of the Loan Documents shall mean and be a reference to the Credit Agreement as amended hereby. 
  
 5.2. Except as specifically set forth above, the Credit Agreement, and all other documents, instruments and agreements executed and/or
delivered in connection therewith, shall remain in full force and effect, and are hereby ratified and confirmed. 
  
 5.3. The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of
any right, power or remedy of the Agent or any Lender, nor constitute a waiver of any provision of the Credit Agreement, or any other documents, instruments and agreements executed and/or delivered in connection therewith. 
  
 6. Headings. Section headings in this Amendment are included herein
for convenience of reference only and shall not constitute a part of this Amendment for any other purpose. 
  
 7. Counterparts. 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 counterpart of a signature page to this Amendment by telecopier shall be effective as delivery of a manually executed counterpart of
this Amendment. 
  
 8. Entire Agreement. This Amendment,
taken together with the Credit Agreement and all of the other Loan Documents, embodies the entire agreement and understanding of the parties hereto and supersedes all prior agreements and understandings, written and oral, relating to the subject
matter hereof. 
  
 9. Governing Law. This Amendment shall
be governed by and construed in accordance with the laws of the State of New York applicable to contracts made and performed in such State and any applicable laws of the United States of America. 
  
 10. No Course of Dealing. The Lenders have entered into this Amendment
on the express understanding with the Borrower that in entering into this Amendment the Lenders are not establishing any course of dealing with the Borrower. The Agent’s and the Lenders’ rights to require strict performance with all the
terms and conditions of the Credit Agreement as amended by this Amendment and the other Loan Documents shall not in any way be impaired by the execution of this Amendment. Neither the Agent nor any Lender shall be obligated in any manner to execute
any further amendments or waivers, and if such waivers or amendments are requested in the future, assuming the terms and conditions thereof are acceptable to them, the Agent and the Lenders may require the payment of fees in connection therewith.

  
 11. Release. To induce the Agent and Lenders to enter
into this Amendment, the Borrower acknowledges and agrees that it has no actual or potential claim or cause of action against the Agent or Lenders relating to any Loan Documents or any actions or events occurring on or before the date hereof. The
Borrower waives and releases any right to assert same. 
  
 [Signature Page Follows] 
  
  

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 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the day and year first above
written. 
  
 SYNNEX CORPORATION (formerly known
as 
 SYNNEX Information Technologies, Inc.), as the 
 Borrower 
  

			
		
	By:	 	/s/    Dennis Polk        
	 	 	

	 	 	 Name: Dennis Polk

	 	 	 Title: CFO & SVP of Corporate Finance

  
 GENERAL ELECTRIC CAPITAL 
 CORPORATION, as Agent and as a Lender 
  

			
		
	By:	 	/s/    Eugene Seip        
	 	 	

	 	 	 Name: Eugene Seip

	 	 	 Title: Duly Authorized Signatory

  
 BANK OF AMERICA, N.A., as a Lender 
  

			
		
	By:	 	/s/    Kevin R. Kelly        
	 	 	

	 	 	Name: Kevin R. Kelly
	 	 	Title: SVP

  
  
 Amendment No. 5 
 to 
 Amended and Restated Credit Agreement 

 CONSENT 
  
 Each of the undersigned, as Guarantor under a Subsidiary Guaranty executed in favor of the Agent in connection with the Amended and Restated Credit
Agreement referred to in Amendment No. 5 to Amended and Restated Credit Agreement (as the same may have been or be amended, restated, supplemented or otherwise modified from time to time, the “Guaranty”) and/or as Grantor under a
Subsidiary Security Agreement executed in favor of the Agent in connection with the Amended and Restated Credit Agreement referred to in such Amendment (as the same may have been or be amended, restated, supplemented or otherwise modified from time
to time, the “Security Agreement”), hereby consents to such Amendment and confirms and agrees that (i) the Guaranty and the Security Agreement are, and shall continue to be, in full force and effect and are hereby ratified and
confirmed in all respects, and (ii) the Security Agreement and all of the Collateral described therein do, and shall continue to, secure the payment of all of the Obligations. 
  
 COMPUTERLAND CORPORATION 
  

			
		
	By:	 	/s/    Simon Y. Leung        
	 	 	

	 	 	Name: Simon Y. Leung
	 	 	Title: General Counsel & Corporate Secretary

  
 MiTAC INDUSTRIAL CORP. 
  

			
		
	By:	 	/s/    Simon Y. Leung        
	 	 	

	 	 	 Name: Simon Y. Leung

	 	 	Title: General Counsel & Corporate Secretary

  
  

 Schedule I to 
 Amended and Restated Credit Agreement 
  
 REVOLVING CREDIT COMMITMENTS 
  

						
	 Lender

	  	 Revolving
 Credit Commitment

	  	 Pro Rata
 Share

	 
	 General Electric Capital Corporation
	  	$22,500,000	  	50.0	%
	 Bank of America, N.A.
	  	$22,500,000	  	50.0	%Fifth Amendment to Credit Agreement

 EXHIBIT 10.1 
  
 FIFTH AMENDMENT TO CREDIT AGREEMENT 
  

This Amendment, dated as of February 17, 2004, is made by and among ENTEGRIS, INC., a Minnesota corporation (the “Borrower”), each of the
banks appearing on the signature pages hereof, together with such other banks as may from time to time become a party to the Credit Agreement (defined below) pursuant to the terms and conditions of Article VIII of the Credit Agreement (herein
collectively called the “Banks” and individually each called a “Bank”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, assignee of Wells Fargo Bank Minnesota, National Association, formerly known as
Norwest Bank Minnesota, National Association in its separate capacity as administrative agent for itself and all other Banks (in such capacity, the “Agent”). 
  
 Recitals 
  
 A. The Borrower, the Banks and the Agent have entered into a Credit Agreement dated as of November 30, 1999, as amended by a First Amendment to Credit
Agreement dated as of October 17, 2000, a Second Amendment to Credit Agreement dated as of March 1, 2002, a Consent and Amendment Agreement dated as of February 7, 2003, and a Fourth Amendment to Credit dated as of February 26, 2003 (as so amended,
the “Credit Agreement”). 
  
 B. The Borrower has
requested that the Banks and the Agent, among other things (i) extend the maturity of the credit facility provided under the Credit Agreement, and (ii) amend certain other provisions of the Credit Agreement. 
  
 C. The Banks and the Agent are willing to grant the Borrower’s requests
subject to the terms and conditions set forth below. 
  
 ACCORDINGLY, in consideration of the premises and for other good and valuable consideration, the Borrower, the Banks and the Agent agree as follows: 
  

1. Defined Terms. All capitalized terms used in this Amendment and not otherwise specifically defined in this Amendment shall have the meanings
given such terms in the Credit Agreement. 
  
 2. Amendment to
Definitions. Section 1.1 of the Credit Agreement is amended as follows: 
  
 (a) The definition of “Eurodollar Rate Margin” is amended by deleting, in the text of such definition “and the Eurodollar Rate Margin will be 2.000%” and inserting “and the Eurodollar Rate
Margin will be 1.875%” in place thereof, and by replacing the grid with the Eurodollar Rate Margins applicable to the ratios of Total Funded Debt to EBITDA with the following: 
  

			
	 Ratio of Total Funded
 Debt to EBITDA

	 	 Eurodollar Rate Spread for
 Revolving Advances

	 > 2.00/1.00
	 	1.875%
		
	 > 1.50/1.00 to 2.00/1.00
	 	1.625%
		
	 1.00/1.00 to 1.50/1.00
	 	1.375%
		
	 <1.00/1.00
	 	1.125%

  

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 (b) The definition of “Maturity Date” is amended to read as follows: 
  
 “‘Maturity Date’ means February 26, 2005 with
respect to the Revolving Facility.” 
  
 (c) The definition
of “Revolving Commitment Period” is amended to read as follows: 
  
 “‘Revolving Commitment Period’ means a 364-day period commencing on February 27, 2004 and ending on the Maturity Date, unless the Revolving Commitments are earlier terminated pursuant to Section
7.2 or are earlier reduced to zero pursuant to Section 2.14(a).” 
  
 (d) A definition of “Acquisition Reduction” is added, and shall read as follows: 
  
 “‘Acquisition Reduction’ means the amount of payments by the Borrower after February 17, 2004, of the purchase price of the
ownership interests or assets of any other Person, which payments are attributed to goodwill or other intangible assets of the acquired Person, as such amount is certified to the Agent by the Borrower in a Certificate of Chief Financial Officer as
to Fiscal Quarter Financial Statements, provided, that the Acquisition Reduction shall not exceed $15,000,000.” 
  
 3. Minimum Tangible Net Worth. Section 5.10 of the Credit Agreement is amended to read as follows: 
  
 “Section 5.10 Minimum Tangible Net Worth. As of
each Covenant Computation Date occurring on or after November 29, 2003, the Borrower and its Subsidiaries, on a consolidated basis, will maintain a Tangible Net Worth of not less than $220,000,000 plus (a) fifty percent (50%) of the Net
Income (unless such amount is negative, in which case it shall be ignored for purposes of this Section) realized by the Borrower and its Subsidiaries, on a consolidated basis, for each Covenant Computation Period commencing on or after August 31,
2003, and (b) fifty percent (50%) of the net cash proceeds received by the Borrower and/or its Subsidiaries from any equity offering made by the Borrower and/or its Subsidiaries at any time on or after August 31, 2003, provided, the foregoing
requirement shall be reduced by any Acquisition Reduction (subject to the limitations set forth in the definition thereof).” 
  

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 To reflect such amendment, Paragraph B.3 of the Form of Certificate of Chief Financial Officer as to Fiscal Quarter
Financial Statements, which was Exhibit C to the Fourth Amendment and Exhibit F to the Credit Agreement, is amended to read as follows: 
  
 “3 Minimum Tangible Net Worth. Pursuant to Section 5.10 of the Credit Agreement, as of the Covenant Computation Date, the
Tangible Net Worth of the Borrower and its Subsidiaries was $                , which
                 satisfies                  does not satisfy the
requirement that the Borrower’s Tangible Net Worth be not less than the sum of $220,000,000 plus (a) fifty percent (50%) of the Net Income (unless such amount is negative, in which case it shall be ignored for purposes of Section 5.10)
realized by the Borrower and its Subsidiaries, on a consolidated basis, for each Covenant Computation Period commencing on or after August 31, 2003, and (b) fifty percent (50%) of the net cash proceeds received by the Borrower and/or its
Subsidiaries from any equity offering made by the Borrower and/or its Subsidiaries at any time on or after August 31, 2003, provided, the foregoing requirement shall be reduced by any Acquisition Reduction. The Acquisition Reduction is
$                 [insert amount, determined for acquisitions closed after February 17, 2004, not to exceed $15,000,000].” 
  
 4. Indebtedness. Section 6.2(l) of the Credit Agreement is amended to
read as follows: 
  
 “(l) Rate Hedging Obligations covering
notional amounts not exceeding $15,000,000 in aggregate at any one time; and” 
  
 5. Notes. The Revolving Advances of the Bank shall continue to be evidenced by the Revolving Notes of the Borrower dated as of February 26, 2003. The definition of “Credit Agreement” is such Revolving
Notes shall be deemed to include this Amendment. 
  
 6. Revised
Schedules. The following Schedules and/or Exhibits to the Credit Agreement (whether originally attached to the Credit Agreement or subsequently becoming part of the Credit Agreement by amendment) are hereby replaced in their entirety as follows:

  
 Exhibit 4.1: Entegris Inc. Subsidiaries and
Affiliates 
 Exhibit 6.1: Liens/Mortgages 
 Exhibit 6.2: Indebtedness 
 Exhibit 6.3: Guarantees 
  
 7.
Conditions Precedent. This Amendment shall become effective when the Agent shall have received the following, each in form and content acceptable to the Agent in its sole discretion: 
  
 (a) This Amendment duly executed on behalf of the Borrower, the Banks and
the Agent; 
  

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 (b) The Guarantor’s Acknowledgment attached hereto, duly executed on behalf of the Guarantor;

  
 (c) A certified copy of the resolutions of the board of
directors of the Borrower evidencing approval of the Amendment and all matters contemplated hereby; 
  
 (d) Certificates of good standing of the Borrower and each Guarantor, dated not more than thirty (30) days prior to the date hereof; and 
  
 (e) Articles of Merger of Entegris Custom Products, Inc. with and into
Entegris, Inc., dated as of December 13, 2003. 
  
 8. Reference
to and Effect on the Credit Agreement and the other Loan Documents. Except as otherwise amended by this Amendment, all of the terms and conditions of the Credit Agreement and the other Loan Documents prior to giving effect to this Amendment
shall remain in full force and effect in accordance with their terms. 
  
 9. Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original and all of which counterparts taken together shall constitute but one and the same instrument. 

 
 10. Borrower Release. The Borrower hereby absolutely and
unconditionally releases and forever discharges the Agent and each of the Banks, and any and all participants, parent corporations, subsidiary corporations, affiliated corporations, insurers, indemnitors, successors and assigns thereof, together
withal of the present and former directors, officers, agents and employees of any of the foregoing (the “Released Parties”), from any and all claims, demands or causes of action of any kind, nature or description, whether arising in law or
equity or upon contract or tort or under any state or federal law or otherwise, which the Borrower has had, now has or has made claim to have against such Released Party for or by reason of any act, omission, matter, cause or thing whatsoever
arising from the beginning of time to and including the date of this Amendment in connection with or related to the transactions evidenced by the Loan Documents, whether such claims, demands and causes of action are mature or unmatured or known or
unknown. 
  
 11. No Waiver. The execution of this Amendment
shall not be deemed to be a waiver of any Default or Event of Default under the Credit Agreement, whether or not known to the Agent and/or the Banks and whether or not existing on the date of this Amendment. 
  
 12. Representations and Warranties of the Borrower. The Borrower
hereby represents and warrants to the Agent and the Banks as follows: 
  
 (a) The Borrower has all requisite power and authority to execute this Amendment and to perform all of its obligations under the Credit Agreement, as amended by this Amendment. This Amendment has been duly executed and delivered by the
Borrower and constitutes the legal, valid and binding obligation of the Borrower, enforceable in accordance with its terms. 
  

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 (b) The execution, delivery and performance by the Borrower of the Credit Agreement, this Amendment and
the other Loan Documents have been duly authorized by all necessary corporate action and do not (i) require any authorization, consent or approval by any governmental department, commission, board, bureau, agency or instrumentality, domestic or
foreign, (ii) violate any provision of any law, rule or regulation or of any order, writ, injunction or decree presently in effect, having applicability to the Borrower, or the Articles of Incorporation or Bylaws of the Borrower, or (iii) result in
a breach of or constitute a default under any indenture or loan or credit agreement or any other agreement, lease or instrument to which the Borrower is a party or by which it or its properties may be bound or affected. 
  
 (c) All of the representations and warranties contained in Article IV of the
Credit Agreement are correct on and as of the date hereof as though made on and as of such date, except to the extent that such representations and warranties relate solely to an earlier date. 
  
 13. References. All references in the Credit Agreement to “this
Agreement” shall be deemed to refer to the Credit Agreement as amended by this Amendment; and any and all references in any of the other Loan Documents to the “Credit Agreement” shall be deemed to refer to the Credit Agreement as
amended by this Amendment. All references to schedules or exhibits in the Credit Agreement shall be deemed to include the amendments to such schedules and exhibits effected hereby. 
  
 14. Law. This Amendment shall be a contract made under the laws of the State of Minnesota, which laws shall govern
all the rights and duties hereunder. Provisions of the Credit Agreement respecting consent to jurisdiction and waiver of jury trial shall apply, equally, to this Amendment. 
  
 (signature page follows) 
  

 5 

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

			
	 ENTEGRIS, INC.

		
	 By:
	 	 /s/ James E. Dauwalter

		
	 Title:
	 	 President and Chief Executive Officer

		
	 	 	 and

		
	 By:
	 	 /s/ John D. Villas

		
	 Title:
	 	 Chief Financial Officer

	
	 WELLS FARGO BANK, NATIONAL
 ASSOCIATION, as a Bank and as Agent

		
	 By:
	 	 /s/ Richard G. Trembley

		
	 Title:
	 	 Vice President

	
	 HARRIS TRUST AND SAVINGS BANK, as a Bank

		
	 By:
	 	 /s/ Michael M. Fordney

		
	 Title:
	 	 Vice President

  

 6 

 GUARANTOR’S ACKNOWLEDGMENT 
  
 Pursuant to a Guaranty, dated as of February 26, 2003 (the “Guaranty”), the undersigned has guaranteed payment and
performance of obligations of Entegris, Inc. (the “Borrower”) to Wells Fargo Bank, National Association and the Banks under that certain Credit Agreement, dated as of November 30, 1999 (as thereafter amended, the Credit Agreement”).
The undersigned acknowledges that it has received a copy of the proposed Fifth Amendment to the Credit Agreement, to be dated on or about February 17, 2004 (the “Amendment”). The undersigned agrees and acknowledges that the Amendment shall
in no way impair or limit the right of the Agent and the Banks under the Guaranty, and confirms that by the Guaranty, the undersigned continues to guaranty payment and performance of the obligations of the Borrower to the Agent and the Banks under
the Credit Agreement as amended pursuant to the Amendment. The undersigned hereby confirms that the Guaranty remains in full force and effect, enforceable against the undersigned in accordance with its terms. 
  
 Dated as of February 17, 2004 
  

			
	 NT INTERNATIONAL, INC.

		
	 By:
	 	 /s/ John D. Villas

		
	 Title:
	 	 Treasurer

  

 7

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