Document:

Ex-10.1

 

Exhibit
10.1

EXECUTION COPY

FIRST AMENDMENT

          FIRST AMENDMENT, dated as of April 24, 2006 (this “Amendment”), to the Second Amended
and Restated Credit Agreement, dated as of December 13, 2005 (as amended, supplemented or otherwise
modified from time to time, the “Credit Agreement”), among R.H. Donnelley Corporation
(“Holdings”), R.H. Donnelley Inc. (the “Borrower”), the several banks and other
financial institutions or entities from time to time parties thereto (the “Lenders”),
Deutsche Bank Trust Company Americas, as administrative agent (in such capacity, the
“Administrative Agent”) and the other agents parties thereto. Capitalized terms used but
not defined herein shall have the meanings assigned to such terms in the Credit Agreement.

W I T N E S S E T H:

          WHEREAS, the Borrower and Holdings have requested that the Lenders amend the Credit Agreement
to provide for (i) a new tranche of term loans in an aggregate principal amount of $323,426,647.62
(the “Tranche A-4 Term Loans”), the proceeds of which will be utilized, together with the
proceeds of the Tranche D-2 Term Loans, to refinance the currently outstanding Tranche A-2 Term
Loans and Tranche A-3 Term Loans and which, except as amended hereby, will have the same terms as
the Tranche A-2 Term Loans, (ii) a new tranche of term loans in an aggregate principal amount of
$1,422,032,204.12 (the “Tranche D-2 Term Loans” and, together with the Tranche A-4 Term
Loans, the “New Term Loans”), the proceeds of which will be utilized, together with the
proceeds of the Tranche A-4 Term Loans, to refinance the currently outstanding Tranche D Term Loans
and which, except as amended hereby, will have the same terms as the Tranche D-1 Term Loans, (iii)
the establishment of new commitments (the “New Revolving Commitments”) to make Revolving
Loans, and to acquire participations in Letters of Credit and Swingline Loans under the Credit
Agreement, which will replace all existing Revolving Commitments and which, except as amended
hereby, will have the same terms as the existing Revolving Commitments (and with any outstanding
Letters of Credit and Swingline Loans under the Revolving Commitments to be deemed outstanding
under the New Revolving Commitments upon the effectiveness thereof) and (iv) new revolving loans
thereunder (the “New Revolving Loans” and, together with the New Term Loans, the “New
Loans”), the proceeds of which will be utilized to refinance the currently outstanding
Revolving Loans and which, except as amended hereby, will have the same terms as the currently
outstanding Revolving Loans;

          WHEREAS, the Borrower and Holdings have also requested that the Lenders agree to effect
certain other modifications to the Credit Agreement as described herein;

          WHEREAS, each existing Tranche A-2 Term Lender (an “Existing Tranche A-2 Term Lender”)
and each existing Tranche A-3 Term Lender (an “Existing Tranche A-3 Term Lender”) that
executes and delivers this Amendment specifically in the capacity of a renewing term lender (a
“Renewing Tranche A Term Lender”) will be deemed (a) to have agreed to the terms of this
Amendment, (b) upon the First Amendment Effective Date (as defined below), to have made a
commitment to make Tranche A-4 Term Loans in an aggregate principal amount up to, but not in excess
of, the sum of (i) its Tranche A-2 Term Percentage (if any) of $235,836,066.25 and (ii) its Tranche
A-3 Term Percentage (if any) of $87,590,581.37, as applicable (as to each such Renewing Tranche A
Term Lender, the “Maximum Tranche A

 

 

Rolled Amount”), and (c) upon the First Amendment
Effective Date, to have made Tranche A-4 Term Loans in such amount (not in excess of its Maximum
Tranche A Rolled Amount) as is determined by the Borrower and J.P. Morgan Securities Inc., as sole
lead arranger and bookrunner for this Amendment (in such capacity, the “Lead Arranger”),
and notified to such Renewing Tranche A Term Lender on or prior to the First Amendment Effective
Date by exchanging Tranche A-2 Term Loans and/or Tranche A-3 Term Loans, as applicable, in such
amount for Tranche A-4 Term Loans in an equal principal amount;

          WHEREAS, each existing Tranche D Term Lender (an “Existing Tranche D Term Lender”)
that executes and delivers this Amendment specifically in the capacity of a renewing term D lender
(a “Renewing Tranche D-2 Term Lender” and, together with the Renewing Tranche A Term
Lenders, the “Renewing Term Lenders”) will be deemed (a) to have agreed to the terms of
this Amendment, (b) upon the First Amendment Effective Date, to have made a commitment to make
Tranche D-2 Term Loans in an aggregate principal amount up to, but not in excess of, its Tranche D
Term Percentage of $1,422,032,204.12 (as to each such Renewing Tranche D-2 Term Lender, the
“Maximum Tranche D-2 Rolled Amount”), and (c) upon the First Amendment Effective Date, to
have made Tranche D-2 Term Loans in such amount (not in excess of its Maximum Tranche D-2 Rolled
Amount) as is determined by the Borrower and the Lead Arranger and notified to such Renewing
Tranche D-2 Term Lender on or prior to the First Amendment Effective Date by exchanging Tranche D
Term Loans in such amount for Tranche D-2 Term Loans in an equal principal amount;

          WHEREAS, each existing Revolving Lender (an “Existing Revolving Lender”) that executes
and delivers this Amendment specifically in the capacity of a renewing revolving lender (a
“Renewing Revolving Lender” and, together with the Renewing Term Lenders, the “Renewing
Lenders”) will be deemed (a) to have agreed to the terms of this Amendment, (b) upon the First
Amendment Effective Date, to have made a commitment to provide New Revolving Commitments in an
aggregate amount up to, but not in excess of, its Revolving Percentage of $175,000,000.00 (as to
each such Renewing Revolving Lender, the “Maximum Revolving Commitment Rolled Amount”) and
(c) upon the First Amendment Effective Date, to have provided New Revolving Commitments in such
amount (not in excess of its Maximum Revolving Commitment Rolled Amount) as is determined by the
Borrower and the Lead Arranger and notified to such Renewing Revolving Lender on or prior to the
First Amendment Effective Date by exchanging existing Revolving Commitments in such amount for New
Revolving Commitments in equal amounts (it being understood that New Revolving Loans will be made
under the New Revolving Commitments in an aggregate amount sufficient to repay the then outstanding
Revolving Loans under the Revolving Commitments);

          WHEREAS, each Person that executes and delivers this Amendment in the capacity of an
additional tranche A term lender (an “Additional Tranche A Term Lender” (which term will
include any Existing Tranche A-2 Term Lender or Existing Tranche A-3 Term Lender undertaking a
commitment in respect of Tranche A-4 Term Loans in excess of its Maximum Tranche A Rolled Amount,
to the extent of such excess)) or in the capacity of an additional tranche D-2 term lender (an
“Additional Tranche D-2 Term Lender” (which term will include any Existing Tranche D Term
Lender undertaking a commitment in respect of Tranche D-2 Term Loans in excess of its Maximum
Tranche D-2 Rolled Amount, to the extent of such excess) and,

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together with the Additional Tranche
A Term Lenders, the “Additional Term Lenders”) will make Tranche A-4 Term Loans or Tranche
D-2 Term Loans, as the case may be (the “Additional Term Loans”), on the First Amendment
Effective Date, the proceeds of which will be used to repay the principal amount of outstanding
Tranche A-2 Term Loans, Tranche A-3 Term Loans and Tranche D Term Loans, as applicable;

          WHEREAS, each Person that executes and delivers this Amendment in the capacity of an
additional revolving lender (an “Additional Revolving Lender” (which term will include any
Existing Revolving Lender undertaking commitments in respect of New Revolving Commitments in excess
of its Maximum Revolving Commitment Rolled Amount, to the extent of such excess) and, together with
the Additional Term Lenders, the “Additional Lenders”) will provide New Revolving
Commitments (“Additional Revolving Commitments) on the First Amendment Effective Date, with
the proceeds of New Revolving Loans (the “Additional Revolving Loans” and, together with
the Additional Term Loans, the “Additional Loans”) to be used to repay the principal amount
of outstanding Revolving Loans;

          WHEREAS, each Person that executes and delivers this Amendment in the capacity of a consenting
lender (a “Consenting Lender”) will be deemed to have agreed to the terms of this
Amendment;

          WHEREAS, the Lenders are willing, subject to the terms and conditions set forth herein, to so
amend the Credit Agreement; and

          WHEREAS, the Renewing Lenders and the Additional Lenders (collectively, the “New
Lenders”) are severally willing to make or provide the New Loans and/or New Revolving
Commitments, as the case may be, as contemplated hereby, in each case, subject to the terms and
conditions set forth herein.

          NOW THEREFORE, in consideration of the premises and mutual covenants hereinafter set forth,
the parties hereto agree as follows:

          SECTION 1. Definitions. Unless otherwise defined herein, terms defined in the Credit
Agreement and used herein shall have the meanings given to them in the Credit Agreement.

          SECTION 2. Supplement to the Credit Agreement.

          2.1. Subject to the terms and conditions set forth herein, (i) each Renewing Term Lender
agrees to make Tranche A-4 Term Loans or Tranche D-2 Term Loans, as the case may be, to the
Borrower on the First Amendment Effective Date in such amount (not in excess of its Maximum Tranche
A Rolled Amount or Maximum Tranche D-2 Rolled Amount, as applicable) as is determined by the
Borrower and the Lead Arranger and notified to such Lender on or prior to the First Amendment
Effective Date by exchanging its (x) Tranche A-2 Term Loans and/or Tranche A-3 Term Loans, as the
case may be, in such amount for Tranche A-4 Term Loans in an equal principal amount and/or (y)
Tranche D Term Loans in such amount for Tranche D-2 Term Loans in an equal principal amount, (ii)
each Additional Term Lender agrees to make Tranche A-4 Term Loans and/or Tranche D-2 Term Loans, as
the case may be, to the Borrower on the

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First Amendment Effective Date in a principal amount equal
to such Additional Term Lender’s Tranche A-4 Term Loan Commitment or Tranche D-2 Term Loan
Commitment, as applicable, (iii) each Renewing Revolving Lender agrees to provide New Revolving
Commitments to the Borrower on the First Amendment Effective Date in such amount (not in excess of
its Maximum Revolving Commitment Rolled Amount or Maximum Revolving Loan Rolled Amount, as
applicable) as is determined by the Lead Arranger and notified to such Lender on or prior to the
First Amendment Effective Date by exchanging its Revolving Commitments in such amount for New
Revolving Commitments in equal amount and (iv) each Additional Revolving Lender agrees to provide
New Revolving Commitments to the Borrower on the First Amendment Effective Date in an amount equal
to its Additional Revolving Commitment Amount (all Letters of Credit and Swingline Loans
outstanding under the Revolving Commitments as of the First Amendment Effective Date shall cease to
be outstanding thereunder and shall be deemed to be outstanding under the New Revolving Commitments
as of such First Amendment Effective Date). For purposes hereof and of the Credit Agreement, a
Person shall become an Additional Lender by executing and delivering a signature page to this
Amendment pursuant to which such Person (i) commits to make or provide Additional Loans and/or
Additional Revolving Commitments on the First Amendment Effective Date in the amounts set forth on
such signature page and (ii) agrees to become party to the Credit Agreement as a Tranche A-4 Term
Lender, Tranche D-2 Term Lender and/or Revolving Lender, as the case may be, and to be bound by the
terms and provisions thereof. The “Tranche A-4 Term Loan Commitment”, “Tranche D-2 Term Loan
Commitment”, or “Additional Revolving Commitment Amount”, as the case may be, of such Additional
Lender shall be the amount set forth on its signature page to this Amendment or such lesser amount
as is allocated to it by the Borrower and the Lead Arranger by notice to such Lender prior to the
First Amendment Effective Date. The Tranche A-4 Term Loan Commitments, Tranche D-2 Term Loan
Commitments and Additional Revolving Commitment Amounts of the New Lenders are several and no New
Lender shall be responsible for any other New Lender’s failure to make New Loans or provide New
Revolving Commitments. The amount of each Renewing Lender’s Tranche A-4 Term Loan, Tranche D-2 Term
Loan and/or New Revolving Commitments, as applicable, and the amount of each Additional Lender’s
Tranche A-4 Term Loan Commitment, Tranche D-2 Term Loan Commitment and/or Additional Revolving
Commitment Amount, as applicable, shall be recorded by the Administrative Agent on its books on the
First Amendment Effective Date and notified to the applicable New Lender.

          2.2. All Tranche D-2 Term Loans and New Revolving Loans to be made on the First Amendment
Effective Date which are Eurodollar Loans shall have initial Interest Periods ending on the same
dates as the Interest Periods applicable to the existing Tranche D Term Loans and Revolving Loans,
as applicable, being refinanced, and the Eurodollar Rates applicable to such New Loans during such
initial Interest Periods shall be the same as those applicable to the existing Tranche D Term Loans
and Revolving Loans, as applicable, being refinanced. For purposes of the foregoing, such Interest
Periods shall be assigned to the Additional Loans of each Additional Tranche D-2 Term Lender and
Additional Revolving Lender in the same proportion that such Interest Periods applied to the
existing Tranche D Term Loans and Revolving Loans, as applicable, on the Amendment First Amendment
Effective Date. On the First Amendment Effecitve Date all existing Tranche A-2 Term Loans and
Tranche A-3 Term Loans which are Eurodollar Loans shall be deemed to be repaid. Notwithstanding
anything to the contrary in the Credit Agreement, with the approval of the Administrative Agent the
Borrower shall be

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permitted to designate the length of the initial Interest Period to be applicable
to the Tranche A-4 Term Loans to be made on the First Amendment Effective Date which are Eurodollar
Loans. The Borrower shall not be required to make any payments to any Renewing Lender pursuant to
Section 4.11 of the Credit Agreement in connection herewith, irrespective of whether such Renewing
Lender is a Renewing Tranche A Term Lender, Renewing Tranche D-2 Term Lender or Renewing Revolving
Lender.

          2.3. On the First Amendment Effective Date, the Borrower shall apply the proceeds of the
Additional Loans to prepay in full all Tranche A-2 Term Loans, Tranche A-3 Term Loans, Tranche D
Term Loans and Revolving Loans (after giving effect to New Loans made by Renewing Lenders to repay
their Tranche A-2 Term Loans, Tranche A-3 Term Loans, Tranche D Term Loans and/or Revolving Loans).
On the First Amendment Effective Date, the Borrower shall also pay (i) to each Tranche A-2 Term
Lender all accrued and unpaid interest on all Tranche A-2 Term Loans, (ii) to each Tranche A-3 Term
Lender all accrued and unpaid interest on all Tranche A-3 Term Loans, (iii) to each Tranche D Term
Lender all accrued and unpaid interest on all Tranche D Term Loans, (iv) to each Revolving Lender
all accrued and unpaid interest on all Revolving Loans, as well as all accrued and unpaid
commitment fees and fees in respect of Letters of Credit payable to such Revolving Lender, (v) to
the Swingline Lender, all accrued and unpaid interest on all Swingline Loans and (vi) to the
Issuing Lender, all accrued and unpaid fronting fees in respect of outstanding Letters of Credit.

          2.4. On and after the First Amendment Effective Date,

     (i) each reference (singular and plural) contained in the following definitions and
Sections to “Tranche A-2 Term Loans”, “Tranche A-2 Term Percentage” and “Tranche A-2 Term
Facility” shall be deemed a reference to “Tranche A-4 Term Loans”, “Tranche A-4 Term
Percentage” and “Tranche A-4 Term Facility”, respectively: “Interest Period”, Section 4.1,
Section 4.2, Section 4.8 and Section 11.18 (and with any reference therein to “Tranche A-3
Term Loans”, “Tranche A-3 Term Percentage” and “Tranche A-3 Term Facility” being deleted);

     (ii) each reference (singular and plural) contained in the following definitions and
Sections to “Tranche D-1 Term Lenders”, “Tranche D Term Loans”, “Tranche D Term Percentage”
and “Tranche D Maturity Date” shall be deemed a reference to “Tranche D-2 Term Lenders”,
“Tranche D-2 Term Loans”, “Tranche D-2 Term Percentage” and “Tranche D-2 Maturity Date”,
respectively: “Interest Period”, “Non-Cash Pay Holdings Debt”, “Non-Cash Pay Preferred
Stock”, “Permitted Holdings Debt”, Section 4.1, Section 4.2, Section 4.8, Section 4.16,
Section 11.1 and Section 11.18; and

     (iii) each reference (singular and plural) in the Credit Agreement to “Revolving
Commitment” and “Revolving Loans” shall be deemed a reference to “New Revolving Commitment”
and “New Revolving Loans”, respectively.

          Notwithstanding the foregoing, the provisions of the Credit Agreement with respect to
indemnification, reimbursement of costs and expenses, increased costs and break funding payments
shall continue in full force and effect with respect to, and for the benefit of, each Lender that
was a Tranche A-2 Term Lender, Tranche A-3 Term Lender, Tranche D Term

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Lender or Revolving Lender
prior to the First Amendment Effective Date in respect of such Lender’s Loans and commitments under
the Credit Agreement prior to the First Amendment Effective Date.

          SECTION 3. Amendment of the Credit Agreement. The Credit Agreement is hereby amended,
effective as of the First Amendment Effective Date, as follows:

          3.1. Amendments to Section 1.1. Section 1.1 of the Credit Agreement is hereby amended
as follows:

     (a) by inserting the following new definitions in appropriate alphabetical order:

     “First Amendment”: the First Amendment to this Agreement, dated as of
April 24, 2006.

     “First Amendment Effective Date”: the date on which the conditions
precedent set forth in Section 5 of the First Amendment shall have been satisfied.

     “New Revolving Commitment”: as defined in the First Amendment.

     “New Revolving Loan”: as defined in the First Amendment.

     “Tranche A-4 Term Lender”: each Lender that holds a Tranche A-4 Term
Loan.

     “Tranche A-4 Term Loan”: as defined in the First Amendment.

     “Tranche A-4 Term Percentage”: as to any Tranche A-4 Term Lender at
any time, the percentage which the aggregate principal amount of such Lender’s
Tranche A-4 Term Loans then outstanding constitutes of the aggregate principal
amount of all the Tranche A-4 Term Loans then outstanding.

     “Tranche D-2 Maturity Date”: June 30, 2011.

     “Tranche D-2 Term Lender”: each Lender that holds a Tranche D-2 Term
Loan.

     “Tranche D-2 Term Loan”: as defined in the First Amendment.

     “Tranche D-2 Term Percentage”: as to any Tranche D-2 Lender at any
time, the percentage which the aggregate principal amount of such Lender’s Tranche
D-2 Term Loans then outstanding constitutes of the aggregate principal amount of all
the Tranche D-2 Term Loans then outstanding.

     (b) by amending and restating the definition of Applicable Margin to read in its
entirety as follows:

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     “Applicable Margin”: for each Type of Loan, the rate per annum set
forth below:

	 	 	 	 	 	 	 	 	 
	 	 	Eurodollar Loans	 	 	Base Rate Loans	 
	New Revolving Loans and Swingline
Loans
	 	 	1.25	%	 	 	0.25	%
	Tranche A-4 Term Loans
	 	 	1.25	%	 	 	0.25	%
	Tranche D-1 Term Loans and Tranche
D-2 Term Loans
	 	 	1.50	%	 	 	0.50	%

     provided that if at any time the Applicable Margin with respect to any
outstanding Tranche C Term Loans is more than 0.50% greater than the Applicable
Margin with respect to Tranche D-1 Term Loans and Tranche D-2 Term Loans, the
Applicable Margin with respect to Tranche D-1 Term Loans and Tranche D-2 Term Loans
shall be increased such that the Applicable Margin with respect to such Tranche D-1
Term Loans and Tranche D-2 Term Loans is equal to the margins applicable to each
Type of Tranche C Term Loan minus 0.50% and solely for the purpose of determining
any adjustment to the Applicable Margin with respect to Tranche D-1 Term Loans and
Tranche D-2 Term Loans required by this proviso, the Applicable Margin with respect
to Tranche C Term Loans shall reflect any original issue discount (“OID”)
applicable to the Tranche C Term Loans (with OID being equated to Applicable Margin
based on an assumed four-year life to maturity).

     (c) by deleting the definition of Facility in its entirety and substituting in lieu
thereof the following new definition:

     “Facility”: each of (a) the Tranche A-4 Term Loans (the “Tranche
A-4 Term Facility”), (b) the Tranche D-1 Term Loans and the Tranche D-2 Term
Loans (the “Tranche D Term Facility”) and (c) the New Revolving Commitments
and the extensions of credit made thereunder (the “Revolving Facility”).

     (d) by amending the definition of Interest Period by (x) deleting the word “and” after
paragraph (iii) of the proviso thereto, (y) replacing the period after paragraph (iv) of
such proviso with a semicolon followed by the word “and” and (z) adding the following new
paragraph (v) to such proviso:

     “(v) the Borrower may select, in connection with any scheduled amortization of
the Loans and with the approval of the Administrative Agent granted in its
discretion and on terms to be specified by it (including the length of the Interest
Period to be used to determine the Eurodollar Base Rate with respect thereto which
may be different than the number of days actually comprising such Interest Period),
Interest Periods of a duration not specified above but so approved by the
Administrative Agent.”

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     (e) by deleting the definition of Revolving Commitment Period in its entirety and
substituting in lieu thereof the following new definition:

     “Revolving Commitment Period”: the period from and including the First
Amendment Effective Date to the Revolving Termination Date.

     (f) by deleting the definition of Term Lenders in its entirety and substituting in
lieu thereof the following new definition:

     “Term Lenders”: the collective reference to the Tranche A-4 Term
Lenders, the Tranche D-1 Term Lenders and the Tranche D-2 Term Lenders.

     (g) by deleting the definition of Term Loans in its entirety and substituting in lieu
thereof the following new definition:

     “Term Loans”: the collective reference to the Tranche A-4 Term Loans,
the Tranche D-1 Term Loans and the Tranche D-2 Term Loans.

          3.2. Amendment to Section 2.4. Section 2.4 of the Credit Agreement is hereby amended
by deleting paragraphs (a), (b) and (c) in their entirety and substituting in lieu thereof the
following:

     “(a) The Tranche A-4 Term Loans of each Tranche A-4 Term Lender shall mature
in 15 consecutive quarterly installments, commencing on June 30, 2006. The Borrower
shall repay the Tranche A-4 Term Loans on each date set forth below in an amount
equal to the percentage of the aggregate principal amount of Tranche A-4 Term Loans
made on the First Amendment Effective Date set forth opposite such date:

	 	 	 	 	 
	 	 	Percentage of Principal
	Installment	 	Amount
	June 30, 2006
	 	 	5.20903	%
	September 30, 2006
	 	 	5.20903	%
	December 31, 2006
	 	 	5.20903	%
	March 31, 2007
	 	 	5.20903	%
	June 30, 2007
	 	 	5.20903	%
	September 30, 2007
	 	 	5.20903	%
	December 31, 2007
	 	 	5.20903	%
	March 31, 2008
	 	 	5.20903	%
	June 30, 2008
	 	 	5.20903	%
	September 30, 2008
	 	 	6.51129	%
	December 31, 2008
	 	 	6.51129	%
	March 31, 2009
	 	 	6.51129	%
	June 30, 2009
	 	 	6.51129	%

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	 	 	Percentage of Principal
	Installment	 	Amount
	September 30, 2009
	 	 	13.02258	%
	December 31, 2009
	 	 	14.05099	%

     (b) [Reserved]

     (c) The Tranche D-2 Term Loan of each Tranche D-2 Term Lender shall mature in
21 consecutive quarterly installments, commencing on June 30, 2006. The Borrower
shall repay the Tranche D-2 Term Loans on each date set forth below in an amount
equal to the percentage of the aggregate principal amount of Tranche D-2 Term Loans
made on the First Amendment Effective Date set forth opposite such date:

	 	 	 	 	 
	 	 	Percentage of Principal
	Installment	 	Amount
	June 30, 2006
	 	 	0.25253	%
	September 30, 2006
	 	 	0.25253	%
	December 31, 2006
	 	 	0.25253	%
	March 31, 2007
	 	 	0.25253	%
	June 30, 2007
	 	 	0.25253	%
	September 30, 2007
	 	 	0.25253	%
	December 31, 2007
	 	 	0.25253	%
	March 31, 2008
	 	 	0.25253	%
	June 30, 2008
	 	 	0.25253	%
	September 30, 2008
	 	 	0.25253	%
	December 31, 2008
	 	 	0.25253	%
	March 31, 2009
	 	 	0.25253	%
	June 30, 2009
	 	 	0.25253	%
	September 30, 2009
	 	 	0.25253	%
	December 31, 2009
	 	 	0.25253	%
	March 31, 2010
	 	 	15.15152	%
	June 30, 2010
	 	 	15.15152	%
	September 30, 2010
	 	 	15.15152	%
	December 31, 2010
	 	 	15.15152	%
	March 31, 2011
	 	 	17.55051	%
	June 30, 2011
	 	 	18.05546	%

          3.3. Amendment to Section 4.2. Section 4.2(e) of the Credit Agreement is hereby
amended by (i) deleting the word “[Reserved]” and (ii) adding the following paragraph in lieu
thereof:

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     “Any prepayment of Tranche D-1 Term Loans or Tranche D-2 Term Loans effected on
or prior to the first anniversary of the First Amendment Effective Date with the
proceeds of a substantially concurrent issuance or incurrence of new term loans
which both (x) are incurred for the primary purpose of refinancing such Term Loans
and decreasing the Applicable Margin with respect thereto, and (y) otherwise have
terms and conditions (and are in an aggregate principal amount) substantially the
same as those of such Term Loans, shall be accompanied by a prepayment fee equal to
1% of the amount prepaid.”

          3.4. Amendment to Section 4.16. Section 4.16(a) of the Credit Agreement is hereby
amended by deleting the reference to the amount “$100,000,000” in clause (iii) of the proviso in
such Section and substituting in lieu thereof a reference to the amount “$50,000,000”.

          3.5. Amendments to Section 8.5. Section 8.5 of the Credit Agreement is hereby amended
by (i) deleting the word “and” after paragraph (l) thereof, (ii) replacing the period after
paragraph (m) thereof with a semicolon followed by the word “and” and (iii) adding the following
new paragraph (n):

               “(n) Other Dispositions of assets (including to Affiliates without regard to the
requirements of Section 8.10); provided that the aggregate fair market value of all
such assets so Disposed of does not exceed $5,000,000 in any year.”

          3.6. Amendment to Pricing Grid. Annex A to the Credit Agreement is hereby amended by
deleting such exhibit in its entirety.

          SECTION 4. Waiver of Right to Refuse Prepayment, Pro Rata Application of Prepayments.
The requirements of Sections 4.1(b) and 4.8(b) of the Credit Agreement are hereby waived in order
to permit the proceeds of the Tranche A-4 Term Loans and the Tranche D-2 Term Loans to be applied
to prepay, in full, the Tranche A-2 Term Loans, the Tranche A-3 Term Loans and the Tranche D Term
Loans.

          SECTION 5. Effectiveness. This Amendment shall become effective as of the date (the
“First Amendment Effective Date”) on which the following conditions have been satisfied:

     (a) The Administrative Agent (or its counsel) shall have received duly executed and
completed counterparts hereof (in the form provided and specified by the Administrative
Agent) that, when taken together, bear the signatures of (w) the Borrower and Holdings, (x)
the Required Lenders, (y) the Majority Facility Lenders in respect of the Tranche D-1 Term
Facility described in clause (b) in the definition of Facility in the Credit Agreement and
(z) each Additional Lender.

     (b) The conditions set forth in Section 6.2 of the Credit Agreement shall be satisfied
on and as of the First Amendment Effective Date, and the Administrative Agent shall have
received a certificate of a Responsible Officer, dated as of the First Amendment Effective
Date, to such effect.

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     (c) The Administrative Agent shall have received a favorable legal opinion of (i) Jones
Day, counsel to the Borrower and Holdings, in form and substance reasonably satisfactory to
the Administrative Agent, and (ii) Robert J. Bush, Esq., in form and substance satisfactory
to the Administrative Agent, addressed to the Administrative Agent, the Lenders and the New
Term Lenders and dated the First Amendment Effective Date, covering such matters relating to
the New Loans, this Amendment, the Credit Agreement as amended hereby, and the other Loan
Documents and security interests thereunder as the Administrative Agent may reasonably
request.

     (d) The Administrative Agent shall have received such documents and certificates as the
Administrative Agent or its counsel may reasonably request relating to the organization,
existence and good standing of each Loan Party, the authorization of this Amendment and the
transactions contemplated hereby and any other legal matters relating to the Loan Parties,
this Amendment, the other Loan Documents and the transactions contemplated hereby, all in
form and substance reasonably satisfactory to the Administrative Agent.

     (e) Each Loan Party that has not executed and delivered this Amendment shall have
entered into a written instrument reasonably satisfactory to the Administrative Agent
pursuant to which it confirms that it consents to this Amendment and the New Loans and that
the Security Documents to which it is a party will continue to apply in respect of the
Credit Agreement, as amended hereby, and the Obligations of such Loan Party.

     (f) The aggregate amount of Tranche A-4 Term Loan Commitments, Tranche D-2 Term Loan
Commitments and Additional Revolving Commitment Amounts of the Additional Lenders, as set
forth in their signature page to this Amendment, shall equal or exceed the aggregate
principal amount of Tranche A-2 Term Loans, Tranche A-3 Term Loans, Tranche D Term Loans and
Revolving Commitments of Lenders other than any Renewing Lenders that are refinanced with
Tranche A-4 Term Loans, Tranche D-2 Term Loans and New Revolving Commitments made or
provided by such Renewing Lenders.

     (g) All Reimbursement Obligations shall have been paid in full.

     (h) To the extent invoiced, the Administrative Agent shall have received payment or
reimbursement of its reasonable out-of-pocket expenses in connection with this Amendment and
any other out-of-pocket expenses of the Administrative Agent required to be paid or
reimbursed pursuant to the Credit Agreement, including the reasonable fees, charges and
disbursements of counsel for the Administrative Agent.

          SECTION 6. Representations and Warranties. To induce the other parties hereto to
enter into this Amendment, each of the Borrower and Holdings represents and warrants to each of the
Lenders, the Additional Lenders and the Administrative Agent that as of the First Amendment
Effective Date:

          6.1. This Amendment has been duly authorized, executed and delivered by it and this Amendment
and the Credit Agreement, as amended hereby, constitutes its valid and binding

11

 

obligation,
enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency,
reorganization, moratorium or other laws affecting creditors’ rights generally and subject to
general principles of equity, regardless of whether considered in a proceeding in equity or at law.

          6.2. Each of the representations and warranties set forth in Section 5 of the Credit Agreement
are true and correct in all material respects on and as of the First Amendment Effective Date with
the same effect as though made on and as of the First Amendment Effective Date, except to the
extent such representations and warranties expressly relate to an earlier date (in which case such
representations and warranties were true and correct in all material respects as of such earlier
date).

          SECTION 7. Effect of Amendment.

          7.1. Except as expressly set forth herein, this Amendment shall not by implication or
otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the
Lenders or the Administrative Agent under the Credit Agreement or any other Loan Document, and
shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations,
covenants or agreements contained in the Credit Agreement or any other provision of the Credit
Agreement or of any other Loan Document, all of which are ratified and affirmed in all respects and
shall continue in full force and affect. Nothing herein shall be deemed to entitle the Borrower to
a consent to, or a waiver, amendment, modification or other change of, any of the terms,
conditions, obligations, covenants or agreements contained in the Credit Agreement or any other
Loan Document in similar or different circumstances.

          7.2. On and after the First Amendment Effective Date, each reference in the Credit Agreement
to “this Agreement”, “hereunder”, “hereof”, “herein”, or words of like import, and each reference
to the Credit Agreement in any other Loan Document shall be deemed a reference to the Credit
Agreement as amended hereby. This Amendment shall constitute a “Loan Document” for all purposes of
the Credit Agreement and the other Loan Documents.

          SECTION 8. General.

          8.1. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

          8.2. Costs and Expenses. The Borrower agrees to reimburse the Administrative Agent
for its reasonable out-of-pocket expenses in connection with this Amendment, including the
reasonable fees, charges and disbursements of counsel for the Administrative Agent.

          8.3. Counterparts. This Amendment may be executed in any number of counterparts and
by different parties hereto in separate counterparts, each of which when so executed and delivered
shall be deemed an original, but all such counterparts together shall constitute but one and the
same instrument. Delivery of any executed counterpart of a signature page of this Amendment by
facsimile or electronic transmission shall be as effective as delivery of a manually executed
counterpart hereof.

12

 

          8.4. Headings. The headings of this Amendment are for purposes of reference only and
shall not limit or otherwise affect the meaning hereof.

13

 

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

	 	 	 	 	 
	 	R.H. DONNELLEY CORPORATION

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush 	 
	 	 	Title:  	Senior Vice President, General Counsel and Corporate Secretary 	 
	 

	 	 	 	 	 
	 	R.H. DONNELLEY INC.

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush 	 
	 	 	Title:  	Vice President, General Counsel and Corporate Secretary 	 
	 

	 	 	 	 	 
	 	DEUTSCHE BANK TRUST COMPANY AMERICAS, as

Administrative Agent

 	 
	 	By:  	/s/ Susan Lefevre
 	 
	 	 	Name:  	Susan Lefevre 	 
	 	 	Title:  	Director 	 
	 

	 	 	 	 	 
	 	 	 
	 	By:  	                                              /s/ Lana Gifas
 	 
	 	 	Name:  	Lana Gifas 	 
	 	 	Title:  	Vice President 	 
	 

Signature Page to First AmendmentEx-10.2

 

Exhibit
10.2

EXECUTION COPY

REAFFIRMATION

          REAFFIRMATION, dated as of April 24, 2006 (this “Reaffirmation”), with respect to the
Second Amended and Restated Guarantee and Collateral Agreement, dated as of December 13, 2005 (the
“Guarantee and Collateral Agreement”), made by R.H. Donnelley Corporation, a Delaware
corporation (“Holdings”), R.H. Donnelley Inc., a Delaware corporation and a wholly owned
subsidiary of Holdings (the “Borrower”) and certain subsidiaries of the Borrower in favor
of Deutsche Bank Trust Company Americas, as administrative agent (in such capacity, the
“Administrative Agent”).

W I T N E S S E T H:

          WHEREAS, Holdings, the Borrower, the lenders parties thereto, the Syndication Agent, the
Co-Documentation Agents and the Lead Arrangers named therein and the Administrative Agent are
parties to the Second Amended and Restated Credit Agreement, dated as of December 13, 2005 (the
“Existing Credit Agreement”);

          WHEREAS, concurrently with the execution of this Reaffirmation, the Existing Credit Agreement
will be amended by that certain First Amendment, dated as of April 24, 2006 (the “First
Amendment”), which, among other things, shall provide for (i) a new tranche of term loans in an
aggregate principal amount of $323,426,647.62 (the “Tranche A-4 Term Loans”), the proceeds
of which will be utilized, together with the proceeds of the Tranche D-2 Term Loans (as defined
below), to refinance the currently outstanding Tranche A-2 Term Loans and Tranche A-3 Term Loans,
(ii) a new tranche of term loans in an aggregate principal amount of $1,422,032,204.12 (the
“Tranche D-2 Term Loans”), the proceeds of which will be utilized, together with the
proceeds of the Tranche A-4 Term Loans, to refinance the currently outstanding Tranche D Term
Loans, (iii) the establishment of new commitments to make Revolving Loans, and to acquire
participations in Letters of Credit and Swingline Loans under the Credit Agreement, which will
replace all existing Revolving Commitments and (iv) new revolving loans thereunder, the proceeds of
which will be utilized to refinance the currently outstanding Revolving Loans;

          WHEREAS, pursuant to the Existing Credit Agreement, as amended by the First Amendment (the
“Amended Credit Agreement”), the New Lenders (as defined in the First Amendment) and the
Tranche D-1 Term Lenders will make or maintain Loans to, and the Issuing Lender will issue Letters
of Credit from time to time for the account of, the Borrower;

          WHEREAS, each Subsidiary of the Borrower that is a party hereto (collectively, together with
Holdings and the Borrower, the “Confirming Parties”) has guaranteed the Borrower Credit
Agreement Obligations (as defined in the Guarantee and Collateral Agreement);

          WHEREAS, as collateral security for the Secured Obligations (as defined in the Guarantee and
Collateral Agreement), each Confirming Party has granted to the Administrative Agent, for the
ratable benefit of the Lenders, a security interest in the Collateral referred to in the Guarantee
and Collateral Agreement;

          WHEREAS, all of the liabilities and obligations of the Borrower under the Existing Credit
Agreement are being continued in full force and effect, unpaid and undischarged

 

2

(except to the
extent expressly provided in the First Amendment) pursuant to the First Amendment;

          WHEREAS, each Confirming Party is a party to the Guarantee and Collateral Agreement and hereby
wishes to confirm that all of its liabilities and obligations, and Liens and security interests
created, under the Guarantee and Collateral Agreement remain in full force and effect after giving
effect to the First Amendment; and

          WHEREAS, it is a condition precedent to the effectiveness of the First Amendment that the
parties hereto shall have executed and delivered this Reaffirmation to the Administrative Agent for
the ratable benefit of the Lenders;

          NOW, THEREFORE, in consideration of the premises and to induce the Administrative Agent and
the Lenders to enter into the First Amendment and to induce the Lenders to make or maintain
extensions of credit thereunder, each Confirming Party hereby agrees with the Administrative Agent,
for the ratable benefit of the Lenders, as follows:

          1. Unless otherwise defined herein, capitalized terms used herein shall have the respective
meanings assigned to them in the Amended Credit Agreement.

          2. Each Confirming Party hereby consents to the execution and delivery of, and the amendment
of the Existing Credit Agreement pursuant to, the First Amendment. Each Confirming Party hereby
agrees that each reference to the “Credit Agreement” in the Guarantee and Collateral Agreement
shall be deemed to be a reference to the Existing Credit Agreement as amended by the First
Amendment.

          3. Each Confirming Party hereby agrees that:

          (a) all of its obligations and liabilities under the Guarantee and Collateral Agreement remain
in full force and effect on a continuous basis after giving effect to the First Amendment;

          (b) all of the Liens and security interests created and arising under the Guarantee and
Collateral Agreement remain in full force and effect on a continuous basis, unimpaired,
uninterrupted and undischarged, and having the same perfected status and priority as existed prior
to the effectiveness of the First Amendment, after giving effect to the First Amendment, as
collateral security for the Secured Obligations (as defined in the Guarantee and Collateral
Agreement);

          (c) all of the obligations and liabilities of the Borrower under the Existing Credit Agreement
(i) are continued in full force and effect on a continuous basis, unpaid and undischarged (except
to the extent expressly provided in the First Amendment), pursuant to the Amended Credit Agreement
and (ii) constitute the same obligations and liabilities under the Amended Credit Agreement (except
to the extent expressly provided in the First Amendment); and

          (d) this Reaffirmation is being executed and delivered at the request of the Lenders and shall
not imply or require that any consent of such Confirming Parties is needed in

 

3

connection with any future amendments or waivers of the Credit Agreement or any other Loan Documents or any additional
borrowings thereunder.

          4. Each of the representations and warranties made by any Confirming Party in the Guarantee
and Collateral Agreement is true and correct in all material respects on and as of the date hereof
(unless such representations expressly relate to an earlier date, in which case they were true and
correct in all material respects on and as of such earlier date).

          5. Each Confirming Party agrees that it shall take any action reasonably requested by the
Administrative Agent in order to confirm or effect the intent of this Reaffirmation.

          6. This Reaffirmation shall be governed by, and construed and interpreted in accordance with,
the law of the State of New York.

          7. This Reaffirmation may be executed by one or more of the parties hereto on any number of
separate counterparts (including by facsimile or other electronic transmission), and all of said
counterparts taken together shall be deemed to constitute one and the same instrument.

[Balance of Page Intentionally Blank]

 

4

          IN WITNESS WHEREOF, the undersigned have caused this Reaffirmation to be executed and
delivered by a duly authorized officer on the date first above written.

	 	 	 	 	 
	 	R.H. DONNELLEY CORPORATION

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush     	 
	 	 	Title:  	Senior Vice President, General Counsel and Corporate Secretary 	 
	 

	 	 	 	 	 
	 	R.H. DONNELLEY INC. 

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush 	 
	 	 	Title:  	Vice President, General Counsel and Corporate Secretary 	 
	 

	 	 	 	 	 
	 	R.H. DONNELLEY APIL, INC. 

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush 	 
	 	 	Title:  	Vice President and Assistant Secretary 	 
	 

	 	 	 	 	 
	 	R.H. DONNELLEY PUBLISHING & ADVERTISING, INC.

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush 	 
	 	 	Title:  	Vice President and Corporate Secretary 	 
	 

	 	 	 	 	 
	 	GET DIGITAL SMART.COM, INC. 

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush 	 
	 	 	Title:  	Vice President, General Counsel and Corporate Secretary 	 
	 

Signature Page to Reaffirmation Agreement

 

4

	 	 	 	 	 
	 	R.H. DONNELLEY PUBLISHING & ADVERTISING OF

ILLINOIS PARTNERSHIP

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush 	 
	 	 	Title:  	Vice President and Secretary 	 
	 

	 	 	 	 	 
	 	DONTECH II PARTNERSHIP 

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush 	 
	 	 	Title:  	Vice President and Secretary 	 
	 

	 	 	 	 	 
	 	DONTECH HOLDINGS, LLC 

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush 	 
	 	 	Title:  	Vice President and Secretary 	 
	 

	 	 	 	 	 
	 	R.H. DONNELLEY PUBLISHING & ADVERTISING OF

ILLINOIS HOLDINGS, LLC

 	 
	 	By:  	/s/ Robert J. Bush
 	 
	 	 	Name:  	Robert J. Bush 	 
	 	 	Title:  	Vice President and Secretary 	 
	 

Signature Page to Reaffirmation Agreement

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