Document:

Sixth Amendment to Amended & Restated Note Purchase and Private Shelf Agreement

 Exhibit 10.2 

Prudential Investment Management, Inc. (“PIM”) 

The Prudential Insurance Company of America (“Prudential”) 

Prudential Retirement Insurance and Annuity Company (“PRIAC”) 

Each Prudential Affiliate under the Note Agreement referred to below 

c/o Prudential Capital Group 

Four Embarcadero Center, Suite 2700 

San Francisco, California 94111 

July [30], 2010 

NORTHWEST PIPE COMPANY 
 5721 SE Columbia
Way, Suite 200 
 Vancouver, Washington 98661 
  

	 	Re:	Sixth Amendment and Temporary Waiver to Amended and Restated Note 

	 	    	Purchase and Private Shelf Agreement dated as of May 31, 2007 

Ladies and Gentlemen: 

Reference is made to the Amended and Restated Note Purchase and Private Shelf Agreement, dated as of May 31, 2007 (as amended,
restated, supplemented or otherwise modified from time to time, the “Note Agreement”), by and between Northwest Pipe Company, an Oregon corporation (the “Company”), on the one hand, and PIM, Prudential, PRIAC and
each Prudential Affiliate (as therein defined) that becomes bound by certain provisions thereof (together with PIM, Prudential and PRIAC and their respective successors and Transferees, collectively, the “Purchasers”), on the other
hand. Capitalized terms used and not otherwise defined herein shall have the meanings provided in the Note Agreement (after giving effect to any amendments of such terms in this letter agreement). 

1. Amendments. Pursuant to the request of the Company and the provisions of paragraph 11C of the Note Agreement, and subject to
the terms and conditions of this letter agreement, the Purchasers hereby agree with the Company that the Note Agreement shall be amended as follows: 

(a) Clause (i)(A) of paragraph 5A is hereby amended and restated in its entirety to read as follows: 

“        (i)(A) within (x) 183 days after the end of the first fiscal quarter of the
Company’s 2010 fiscal year, (y) 92 days after the end of the second fiscal quarter of the Company’s 2010 fiscal year, and (z) 60 days after the end of each other quarterly fiscal period in each fiscal year of the Company (other
than the last quarterly period), segment reporting, consolidated statements of income and cash flows and a consolidated statement of shareholders’ equity of the Company and its Subsidiaries for the period from the beginning of the current
fiscal year to the end of such quarterly period, and a consolidated balance sheet of the Company and its Subsidiaries as at the end of such quarterly period, setting forth in each case in comparative form figures for the corresponding period in the
preceding fiscal year, all in reasonable detail and prepared in accordance with GAAP and certified by an authorized financial officer of the Company as fairly presenting, in all material respects, the consolidated financial position of the companies
being reported on their consolidated results of operations and changes in financial position, subject to changes resulting from year-end adjustments and the absence of all required footnotes;” 

 Northwest Pipe Company 

July [30], 2010 
  Page
 2
 
  

 (b) Clause (ii)(A) of paragraph 5A is hereby amended and restated in its
entirety to read as follows: 
 “        (ii)(A) within 273 days after the end of
the Company’s 2009 fiscal year, and within 105 days after the end of each other fiscal year of the Company, segment reporting, consolidated statements of income and cash flows and a consolidated statement of shareholders’ equity of the
Company and its Subsidiaries for such year, and a consolidated balance sheet of the Company and its Subsidiaries as at the end of such year, setting forth in each case in comparative form corresponding consolidated figures from the preceding annual
audit, all in reasonable detail and prepared in accordance with GAAP and, as to the segment reporting and consolidated statements, reported on by independent public accountants of recognized national standing, selected by the Company whose report
shall be without a “going concern” or like qualification or exception and without limitation as to scope of the audit;” 

(c) Clause (iii) of paragraph 5B is hereby amended and restated in its entirety to read as follows: 

“        (iii) Deliver to each holder of a Note (A) on each of June 30, 2010,
July 16, 2010, July 30, 2010, August 13, 2010, August 31, 2010, September 15, 2010, and September 30, 2010, a forecast prepared by management of the Company with the assistance of a certified public
accountant or consultant acceptable to the Required Holders and in a form satisfactory to the Required Holders of the weekly cash flows of the Company and its Subsidiaries for the periods commencing on Monday of the immediately succeeding week, and
ending 13 weeks thereafter, together with a statement of the actual cash flows of the Company and its Subsidiaries since the date of the then-most recently delivered cash flow forecast and a description of material variances between forecast cash
flows and actual cash flows for such period, and (B) not later than the eighth (8th) Business Day of each of August 2010, September 2010 and October 2010, a report of the bookings and backlog of the Company and its Subsidiaries in a
form and containing details satisfactory to the Required Holders, as of the last day of the immediately preceding month; and” 

(d) Clause (iv) of paragraph 5B is hereby amended and restated in its entirety to read as follows: 

“        (iv) No later than August 30, 2010, deliver to each holder of a Note a revised
financial projection model and business plan for the Company and its Subsidiaries, in form and substance satisfactory to the Required Holders, together with a written review and assessment thereof by an independent certified public accountant or
consultant acceptable to the Required Holders, whose engagement arrangements (including engagement letter) shall also be acceptable to the Required Holders.” 

 Northwest Pipe Company 

July [30], 2010 
  Page
 3
 
  

 2. Agreement Regarding December 2009 Financial Covenants. The Purchasers hereby
agree with the Company that for purposes of determining compliance with the financial covenants set forth in paragraph 6A of the Note Agreement which are to be tested on, at or as of December 31, 2009, the Purchasers and the Company shall use
the financial data and other information set forth in the Company’s audited financial statements for fiscal year 2009, which audited statements are to be delivered to the Purchasers pursuant to clause (ii)(A) of paragraph 5A of the Note
Agreement, as amended and restated in Section 1(b) above. 
 3. Temporary Waiver Regarding Financial Covenants.
Pursuant to the request of the Company and the provisions of paragraph 11C of the Note Agreement, and subject to the terms and conditions of this letter agreement, the application of the financial covenants set forth in paragraph 6A of the Note
Agreement is hereby temporarily waived by the Purchasers for the period from July 30, 2010 through, but excluding, September 17, 2010; provided however, that nothing in this section 3 shall be construed to suspend or waive
the Company’s obligations (a) to be in compliance with the financial covenants then set forth in paragraph 6A of the Note Agreement on and after September 17, 2010, and (b) to deliver an Officer’s Certificate not later than
September 30, 2010 pursuant to paragraph 5A of the Note Agreement, demonstrating compliance with, among other things, the financial covenants then contained in paragraph 6A of the Note Agreement as of June 30, 2010. Notwithstanding
anything to the contrary in the Note Agreement, the Company and the Purchasers hereby agree that any failure to be in compliance with any such financial covenants or to deliver such Officer’s Certificate (in each case, referred to in the
preceding sentence) shall constitute an immediate Event of Default. The Officer’s Certificate required to be delivered under the Note Agreement not later than August 30, 2010, may note the foregoing waiver, but shall otherwise be delivered
in form and substance as required by the Note Agreement. Without limiting any provision contained in section 4 of this letter agreement, the foregoing waiver does not (x) constitute a waiver of any Default now existing or hereafter
arising, whether known or unknown by any holder of a Note, or (y) represent any amendment of, or any agreement to amend, any provision of the Note Agreement. 

4. Limitation of Modifications. Each amendment, consent, waiver and/or other modification set forth in this letter agreement shall
be limited precisely as written and shall not be deemed to be (a) an amendment, consent or waiver of any other terms or conditions of the Note Agreement or any other document related to the Note Agreement or (b) a consent to any future
amendment, consent or waiver. Except as expressly set forth in this letter, the Note Agreement and the documents related to the Note Agreement shall continue in full force and effect. 

5. Representations and Warranties. The Company hereby represents and warrants as follows: (a) no Default or Event of Default
has occurred and is continuing (other than the Defaults or Events of Default which may have existed prior to, but not after, the effectiveness of this letter agreement), or would result from the transactions contemplated by this letter agreement;
(b) the Company’s execution, delivery and performance of the Note Agreement, as modified by this letter agreement, have been duly authorized by all necessary corporate and other action and do not and will not require any registration with,
consent or approval of, or notice to or action by, any Person (including any governmental authority) in order to be effective and enforceable; (c) the Note Agreement, as modified by this letter agreement, constitutes the legal, valid and
binding obligation of the Company, enforceable against the Company in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws of general application relating to or affecting the
enforcement of creditors’ rights or by general principles of equity; and (d) each of the representations and warranties set forth in paragraph 8 of the Note Agreement is true, correct and complete as of the date hereof (except to the
extent such representations and warranties expressly relate to another date, in which case such representations and warranties are true, correct and complete as of such other date). 

 Northwest Pipe Company 

July [30], 2010 
  Page
 4
 
  

 6. Conditions to Effectiveness. This letter agreement shall become effective on
the date on which: (a) the Purchasers shall have received a fully executed and delivered counterpart of this letter agreement executed by the Company; (b) the Purchasers shall have received a fully executed and delivered copy of the sixth
amendment to Bank Credit Agreement in form and substance satisfactory to the Purchasers, and each of the conditions precedent in such amendment shall have been previously or concurrently satisfied; (c) the Company shall have paid to, or as
directed by, PIM in immediately available funds an amendment fee equal to 0.29% of the principal amount outstanding on the Notes; and (d) if requested by the Required Holders, the Company shall have replenished the retainer previously paid to
Bingham McCutchen LLP in connection with this letter agreement in the amount so requested by such Required Holders in immediately available funds. 

7. Release; Covenant Not to Sue. 

(a) The Company hereby absolutely and unconditionally waives, releases, remises and forever discharges the Purchasers, and any and all of
their respective participants, parent corporations, subsidiary corporations, affiliated corporations, related funds, insurers, indemnitors, officers, directors, shareholders, trustees, agents, employees, consultants, experts, advisors, attorneys,
and each of their respective successors and assigns (each a “Released Party”), from any and all claims, suits, investigations, proceedings, demands, obligations, liabilities, damages, losses, costs, expenses, or causes of action of
any kind, nature or description, whether based in law, equity, contract, tort, implied or express warranty, strict liability, criminal or civil statute, common law, or under any state or federal law or otherwise, of any kind or character, known or
unknown, past or present, liquidated or unliquidated, suspected or unsuspected, which the Company has had, now has, or might hereafter have, or has made claim to have against any such Released Party with respect to the Note Agreement, the Notes or
any other Transaction Document that, in each case, involve events, acts or omissions that have taken place on or before the date hereof, or with respect to the lender-borrower relationship evidenced by the Transaction Documents with respect to acts,
omissions or events that have taken place on or before the date hereof. It is the intention of the Company in providing this release that the same shall be effective as a bar to each and every claim, demand and cause of action specified, and in
furtherance of this intention it waives and relinquishes all rights and benefits under Section 1542 of the Civil Code of the State of California (or any comparable provision of any other applicable law), which provides: 

“A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH A CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF
EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM, MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.” 
 The Company
acknowledges that it may hereafter discover facts different from or in addition to those now known or believed to be true with respect to such claims, demands, or causes of action and agrees that this instrument shall be and remain effective in all
respects notwithstanding any such differences or additional facts. The Company understands, acknowledges and agrees that the release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction against
any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such release. 

 Northwest Pipe Company 

July [30], 2010 
  Page
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 (b) The Company, on behalf of itself and its successors, assigns, and other legal
representatives, hereby absolutely, unconditionally and irrevocably, covenants and agrees with and in favor of each Released Party above that it will not sue (at law, in equity, in any regulatory proceeding or otherwise) any Released Party on the
basis of any claim released, remised and discharged by such Person pursuant to the above release. The Company further agrees that it shall not dispute the validity or enforceability of the Note Agreement, any of the Notes or any of the other
Transaction Documents or any of its obligations thereunder. If the Company, or any of its successors, assigns or other legal representations violates the foregoing covenant, such Person, for itself and its successors, assigns and legal
representatives, agrees to pay, in addition to such other damages as any Released Party may sustain as a result of such violation, all reasonable attorneys’ fees and costs incurred by such Released Party as a result of such violation.

 8. Counterparts. This document may be executed in multiple counterparts, which together shall constitute a single
document. 
 9. Governing Law. This letter agreement shall be construed and enforced in accordance with, and the rights
of the parties shall be governed by, the internal laws of the State of New York, excluding choice-of-law principles of the law of such state that would require the application of the laws of a jurisdiction other than such state. 

[Remainder of the page intentionally left blank.] 

 If you are in agreement with the foregoing, please sign the enclosed counterpart of this
letter in the space indicated below and return it to the Purchasers at the above address whereupon, subject to the conditions expressed herein, it shall become a binding agreement between the Company, on the one hand, and the Purchasers, on the
other hand. 
  

			
	Sincerely,
	
	PURCHASERS
	
	PRUDENTIAL INVESTMENT MANAGEMENT, INC.
		
	By:	 	  

	Title:	 	Vice President
	
	THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
		
	By:	 	  

	Title:	 	Vice President
	
	PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY
		
	By:	 	 PRUDENTIAL INVESTMENT MANAGEMENT,

INC., AS INVESTMENT MANAGER

		
	By:	 	  

	Title:	 	Vice President

 Accepted and agreed to as of the date first appearing above: 

 

			
	NORTHWEST PIPE COMPANY,
	an Oregon corporation
		
	By:	 	  

	Name:	 	Stephanie J. Welty
	Title:	 	Senior Vice President and Chief Financial OfficerCredit Agreement

 EXHIBIT 10.4 

AMENDMENT NO. 5 TO AMENDED AND RESTATED CREDIT AGREEMENT 

This AMENDMENT NO. 5 TO AMENDED AND RESTATED CREDIT AGREEMENT (“Amendment”) is entered into as of January 29, 2010
by and among SAVVIS Communications Corporation, a Missouri corporation (“Borrower”), SAVVIS, Inc., a Delaware corporation (“Holdings”), Wells Fargo Capital Finance, LLC, as a Lender and as Agent for all Lenders
(“Agent”) and the other Lenders party to the Credit Agreement (as hereinafter defined). 
 W I T N E S S E T
H: 
 WHEREAS, Borrower, Holdings, Agent and Lenders are parties to that certain Amended and Restated Credit Agreement,
dated as of December 8, 2008 (as amended, modified and supplemented from time to time, the “Credit Agreement”; capitalized terms not otherwise defined herein have the definitions provided therefor in the Credit Agreement); and

 WHEREAS, Agent, Lenders, Borrower and Holdings have agreed to amend the Credit Agreement as set forth herein; 

NOW THEREFORE, in consideration of the mutual conditions and agreements set forth in the Credit Agreement and this Amendment, and other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 

1. Amendment. Subject to the satisfaction of the conditions set forth in Section 3 below, and in reliance upon the
representations and warranties of Borrower set forth in Section 2 below, the Credit Agreement is amended as follows: 

(a) Section 6.7(a) of the Credit Agreement is hereby amended and restated in its entirety as follows: 

(a) optionally prepay, redeem, defease, purchase, or otherwise acquire any Indebtedness of Holdings, Borrower or their
respective Subsidiaries, other than the Obligations in accordance with this Agreement, provided that Holdings or Borrower may, from time to time, repurchase Convertible Notes with up to an aggregate of $50,000,000 of excess cash on hand,
provided, further, that (i) any such repurchase must occur prior to June 30, 2010, (ii) immediately before and after giving effect to such repurchase, no Default or Event of Default has occurred and is continuing or
would result therefrom, (iii) both before and after giving effect to any such repurchase, Borrower is in pro forma compliance with the financial covenants set forth in Section 7 (regardless of whether such financial covenants would
otherwise be tested at such time) for the most recently ended measurement period or date and assuming such repurchase was made on the last day of such period or on such date, and (iv) Excess Availability plus Qualified Cash must be at least
$25,000,000 both immediately before and after giving effect to any such repurchase; 

 2. Representations and Warranties. Borrower hereby represents and warrant to Agent
and Lenders that: 
 (a) The execution, delivery and performance of this Amendment, the Consent and Reaffirmation attached
hereto and all other documents, agreements and instruments executed and delivered in connection herewith have been duly authorized by all requisite corporate or limited liability company action on the part of each Loan Party, as applicable;

 (b) No Default or Event of Default has occurred and is continuing; and 

(c) The representations and warranties set forth in the Credit Agreement, and in the other Loan Documents, as amended to date, are true
and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) as of the date hereof, with the
same effect as though made on the date hereof (except to the extent such representations and warranties expressly refer to an earlier date, in which case they are true and correct in all material respects as of such earlier date). 

3. Conditions to Effectiveness. The effectiveness of this Amendment is subject to the following conditions precedent (unless
specifically waived in writing by Agent), each to be in form and substance satisfactory to Agent: 
 (a) Agent shall have
received a fully executed copy of this Amendment and a copy of the Consent and Reaffirmation attached hereto executed by each of SAVVIS, Inc. and SAVVIS Communications International, Inc., together with such other documents, agreements and
instruments as may be requested as required by Agent in connection with this Amendment; 
 (b) All proceedings taken in
connection with the transactions contemplated by this Amendment and all documents, instruments and other legal matters incident thereto shall be reasonably satisfactory to Agent and its legal counsel; and 

(c) No Default or Event of Default shall have occurred and be continuing. 

4. Miscellaneous. 

(a) Expenses. Each of Borrower and Holdings, jointly and severally, agree to pay on demand all costs and expenses of Agent in
connection with the preparation, negotiation, execution, delivery and administration of this Amendment and all other instruments or documents provided for herein or delivered or to be delivered hereunder or in connection herewith. All obligations
provided herein shall survive any termination of the Credit Agreement as amended hereby. 
 (b) Governing Law. This
Amendment shall be a contract made under and governed by the internal laws of the State of New York. 
 (c) Counterparts.
This Amendment may be executed in any number of counterparts, and by the parties hereto on the same or separate counterparts, and each such counterpart, when executed and delivered, shall be deemed to be an original, but all such counterparts shall
together constitute but one and the same Amendment. Any party delivering an 
  

 -2- 

 
executed counterpart to this Amendment by telefacsimile or other electronic transmission shall also deliver an original executed counterpart, but the failure to do so shall not affect the
validity, enforceability or binding effect of this Amendment. 
 5. Release. 

(a) In consideration of the agreements of Agent and Lenders contained herein and for other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, each Loan Party, on behalf of itself and its successors, assigns, and other legal representatives, hereby absolutely, unconditionally and irrevocably releases, remises and forever discharges Agent and
Lenders, and their successors and assigns, and their present and former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (Agent, each Lender and all such
other Persons being hereinafter referred to collectively as the “Releasees” and individually as a “Releasee”), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies,
agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a “Claim” and collectively,
“Claims”) of every name and nature, either known or suspected, both at law and in equity, which any Loan Party or any of their successors, assigns, or other legal representatives may now or hereafter own, hold, have or claim to have
against the Releasees or any of them for, upon, or by reason of any circumstance, action, cause or thing whatsoever which arises at any time on or prior to the day and date of this Amendment, including, without limitation, for or on account of, or
in relation to, or in any way in connection with any of the Credit Agreement, or any of the other Loan Documents or transactions thereunder or related thereto. 

(b) Each Loan Party understands, acknowledges and agrees that the release set forth above may be pleaded as a full and complete defense
and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such release. 

[Signature Page Follows] 
  

 -3- 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed under
seal and delivered by their respective duly authorized officers on the date first written above. 
  

			
	SAVVIS COMMUNICATIONS CORPORATION, a Missouri corporation, as Borrower
		
	By:	 	/s/ Gregory W. Freiberg
	Title:	 	Chief Financial Officer

  

			
	 SAVVIS, INC.,

a Delaware corporation, as Holdings

		
	By:	 	/s/ Gregory W. Freiberg
	Title:	 	Chief Financial Officer

 Signature Page to Amendment
No. 5 to Amended and Restated Credit Agreement 

			
	 WELLS FARGO CAPITAL FINANCE, LLC,

a Delaware limited liability company, as Agent and as a Lender

		
	By:	 	/s/ Nichol S. Shuart
	Title:	 	Vice President

 Signature Page to Amendment No. 5 to
Amended and Restated Credit Agreement 

 CONSENT AND REAFFIRMATION 

Each of the undersigned hereby (i) acknowledges receipt of a copy of the foregoing Amendment No. 5 to Amended and Restated
Credit Agreement (the “Amendment”); (ii) consents to Borrower’s execution and delivery of the Amendment; (iii) agrees to be bound by the terms of the Amendment (including without limitation Section 5 of
the Amendment); and (iv) reaffirms that the Loan Documents to which it is a party (and its obligations thereunder) shall continue to remain in full force and effect. Although each of the undersigned has been informed of the matters set forth
herein and have acknowledged and agreed to same, each of the undersigned understands that Agent and Lenders have no obligation to inform any of the undersigned of such matters in the future or to seek any of the undersigned’s acknowledgment or
agreement to future amendments, waivers or consents, and nothing herein shall create such a duty. 
 IN WITNESS WHEREOF, each of
the undersigned has executed this Consent and Reaffirmation on and as of the date of the Amendment. 
  

			
	SAVVIS, INC., a Delaware corporation
		
	By	 	/s/ Gregory W. Freiberg
	Title	 	Chief Financial Officer

  

			
	 SAVVIS COMMUNICATIONS

INTERNATIONAL, INC.,
 a Delaware
corporation

		
	By	 	/s/ Gregory W. Freiberg
	Title	 	Chief Financial Officer

  

			
	 SAVVIS FEDERAL SYSTEMS, INC.,

a Delaware corporation

		
	By	 	/s/ Gregory W. Freiberg
	Title	 	Chief Financial Officer

 Consent and Reaffirmation
to Amendment No. 5 to Amended and Restated Credit Agreement

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