Document:

Exhibit

Exhibit 10.46

GUARANTOR JOINDER AGREEMENT
This Guarantor Joinder Agreement (this “Agreement”) dated as of March 28, 2019 is made by each of the parties on Schedule I hereto (the “Additional Guarantors”), in favor of JPMorgan Chase Bank, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) for the Lenders under the Credit Agreement referred to below.  

RECITALS

WHEREAS, reference is made to the Credit Agreement dated as of March 23, 2018, as amended by that certain First Amendment dated as of March 5, 2019 (as may be further amended, amended and restated, supplemented or otherwise modified, the “Credit Agreement”), among STERIS Limited, a company organized under the laws of England and Wales (formerly known as STERIS plc) (“STERIS Limited”), as a Borrower, STERIS Corporation (“STERIS Corporation”), as a Borrower, the Guarantors parties thereto from time to time, the Lenders parties thereto and the Administrative Agent.  

WHEREAS, pursuant to the Credit Agreement, the Lenders have severally agreed to make Advances to the Borrowers upon the terms and subject to the conditions set forth therein;
WHEREAS, each Additional Guarantor is an Affiliate of STERIS Limited;

WHEREAS, the proceeds of the Advances may be used in part to enable the Borrowers to make valuable transfers to the Additional Guarantors in connection with the operation of their respective businesses; and

WHEREAS, each Additional Guarantor acknowledges that it will derive a substantial direct or indirect benefit from the making of the Advances.

Accordingly, the parties hereto agree as follows:

Section 1. Definitions. Except as otherwise defined in this Agreement, terms defined in the Credit Agreement are used herein as defined therein.
Section 2. Joinder. As of the date hereof, each Additional Guarantor hereby agrees that it shall become a “Guarantor” under and for all purposes of the Credit Agreement with the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor under the Credit Agreement and the other Loan Documents, including those set forth in ARTICLE VIII of the Credit Agreement. 
Section 3. Governing Law.  This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York.

Active.29813459.2.docx

Section 4. Execution in Counterparts.  This Agreement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.  Delivery of an executed counterpart of a signature page to this Agreement by telecopier, facsimile or in a .pdf or similar file shall be effective as delivery of a manually executed counterpart of this Agreement.
Section 5. Miscellaneous. This Agreement shall constitute a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents.
[SIGNATURE PAGES FOLLOW]

Active.29813459.2.docx

IN WITNESS WHEREOF, the Additional Guarantors have caused this Guarantor Joinder Agreement to be duly executed and delivered as of the day and year first above written.
	
		
	

STERIS plc, a company organized under the laws of Ireland 

	 

	By:

	 
	/s/  Michael J. Tokich

	 
	Name:  Michael J. Tokich

	 
	Title:    Senior Vice President and Chief Financial Officer

	
		
	

STERIS Emerald IE Limited

	 

	By:

	 
	/s/  Michael J. Tokich

	 
	Name:  Michael J. Tokich

	 
	Title:    Director

Acknowledged:

JPMORGAN CHASE BANK, N.A., as Administrative Agent
	
		
	By:

	 
	/s/  Brendan Korb

	 
	Name:  Brendan Korb

	 
	Title:  Vice President

[Signature Page to Guarantor Joinder – Credit Agreement]

Active.29813459.2.docx

Schedule I

STERIS plc
STERIS Emerald IE Limited

Active.29813459.2.docxExhibit

Exhibit 10.54

GUARANTY SUPPLEMENT

March 28, 2019
 
To the Holders of the Series A-3 Notes, (each, as hereinafter defined) of STERIS Corporation (the “Company”)
 
Ladies and Gentlemen:

WHEREAS, in order to refinance certain debt and for general corporate purposes, the Company entered into that certain Amended and Restated Note Purchase Agreement, dated as of March 31, 2015, as amended pursuant to that certain First Amendment dated as of January 23, 2017 (the “Original Note Purchase Agreement”), between the Company and each of the purchasers party thereto providing for, inter alia, the issue and sale by the Company of    $35,000,000 aggregate principal amount of its 6.43% Senior Notes, Series A-3, due August 15, 2020 (the “Series A-3 Notes”; the holders of such notes, the “Holders”).
 
WHEREAS, the Company and the Holders have agreed to enter into that certain Second Amendment, dated as of March 5, 2019, to the Original Note Purchase Agreement (the “Second Amendment”), pursuant to which the Original Note Purchase Agreement will be amended to be in the form of that certain Amended and Restated Note Purchase Agreement attached thereto dated as of March 5, 2019, between the Company and the Holders, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time (the “Note Purchase Agreement”).   
 
WHEREAS, as a condition precedent to the closing of the Original Note Purchase Agreement, the Holders required that certain affiliates of the Company enter into an Affiliate Guaranty as security for the Series A-3 Notes (the “Guaranty”).
 
Pursuant to Section 9.7 of the Note Purchase Agreement and in connection with the Second Amendment, the Reporting Entity (as defined in the Note Purchase Agreement) has agreed to cause the undersigned, STERIS plc, a public limited company organized under the laws of Ireland with company number 595593 (the “New Parent”), and STERIS Emerald IE Limited, a private company limited by shares incorporated under the laws of Ireland with company number 633389 (the “Irish Subsidiary” and, together with the New Parent, the “Additional Guarantors”), to join in the Guaranty. In accordance with the requirements of the 

Guaranty, the Additional Guarantors desire to amend the definition of Guarantor (as the same may have been heretofore amended) set forth in the Guaranty so that at all times from and after the date hereof, the Additional Guarantors shall be jointly and severally liable as set forth in the Guaranty for the obligations of the Company under the Note Purchase Agreement and Series A-3 Notes to the extent and in the manner set forth in the Guaranty.

     The undersigned is the duly elected Senior Vice President and Chief Financial Officer of the New Parent and a Director of the Irish Subsidiary and is duly authorized to execute and deliver this Guaranty Supplement to each of you. The execution by the undersigned of this Guaranty Supplement shall evidence their consent to and acknowledgment and approval of the terms set forth herein and in the Guaranty and by such execution the Additional Guarantors shall be deemed to have made in favor of the Holders the representations and warranties set forth in Section 5 of the Guaranty.
 
Upon execution of this Guaranty Supplement, the Guaranty shall be deemed to be amended as set forth above. Except as amended herein, the terms and provisions of the Guaranty are hereby ratified, confirmed and approved in all respects.
 
Any and all notices, requests, certificates and other instruments (including the Series A-3 Notes) may refer to the Guaranty without making specific reference to the Guaranty Supplement, but nevertheless all such reference shall be deemed to include this Guaranty Supplement unless the context shall otherwise require.

[Signature Page Follows]

Dated as of the date first written above.
STERIS plc, a company organized
under the laws of Ireland
 
	
			
	By:
	/s/  Michael J. Tokich

	 
	Name:
	Michael J. Tokich

	 
	Title:
	Senior Vice President and  
Chief Financial Officer

  
STERIS Emerald IE Limited
 
	
			
	By:
	/s/  J. Adam Zangerle

	 
	Name:
	J. Adam Zangerle

	 
	Title:
	Director

   
 
 

[Signature page to Guaranty Supplement – 2008 Notes]

ACCEPTED AND AGREED:
 

STERIS CORPORATION
 

	
			
	By:
	/s/  Michael J. Tokich

	 
	Name:
	Michael J. Tokich

	 
	Title:
	Senior Vice President and  
Chief Financial Officer

 

[Signature page to Guaranty Supplement – 2008 Notes]Exhibit

Exhibit 10.62

GUARANTY SUPPLEMENT

March 28, 2019
 
To the Holders of the Series A-1A, A-1B, A-2A, A-2B, A-3A and A-3B Notes, (each, as hereinafter defined) of STERIS Corporation (the “Company”)
 
Ladies and Gentlemen:

WHEREAS, in order to refinance certain debt and for general corporate purposes, the Company entered into that certain Amended and Restated Note Purchase Agreement, dated as of March 31, 2015, as amended pursuant to that certain First Amendment dated as of January 23, 2017 (the “Original Note Purchase Agreement”), between the Company and each of the purchasers party thereto providing for, inter alia, the issue and sale by the Company of (a) $47,500,000 aggregate principal amount of its 3.20% Senior Notes, Series A-1A, due December 4, 2022 (the “Series A-1A Notes”), (b) $47,500,000 aggregate principal amount of its 3.20% Senior Notes, Series A-1B, due December 4, 2022 (the “Series A-1B Notes”), (c) $40,000,000 aggregate principal amount of its 3.35% Senior Notes, Series A-2A, due December 4, 2024 (the “Series A-2A Notes”), (d) $40,000,000 aggregate principal amount of its 3.35% Senior Notes, Series A-2B, due December 4, 2024 (the “Series A-2B Notes”), (e) $12,500,000 aggregate principal amount of its 3.55% Senior Notes, Series A-3A, due December 4, 2027 (the “Series A-3A Notes”), and (f) $12,500,000 aggregate principal amount of its 3.55% Senior Notes, Series A-3B, due December 4, 2027 (the “Series A-3B Notes”; the Series A-1A Notes, the Series A-1B Notes, the Series A-2A Notes, the Series A-2B Notes, the Series A-3A Notes and the Series A-3B Notes are hereinafter referred to as the “Notes”; the holders of such notes, the “Holders”).
 
WHEREAS, the Company and the Holders have agreed to enter into that certain Second Amendment, dated as of March 5, 2019, to the Original Note Purchase Agreement (the “Second Amendment”), pursuant to which the Original Note Purchase Agreement will be amended to be in the form of that certain Amended and Restated Note Purchase Agreement attached thereto dated as of March 5, 2019, between the Company and the Holders, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time (the “Note Purchase Agreement”).   
 

WHEREAS, as a condition precedent to the closing of the Original Note Purchase Agreement, the Holders required that certain affiliates of the Company enter into an Affiliate Guaranty as security for the Notes (the “Guaranty”).
 
Pursuant to Section 9.7 of the Note Purchase Agreement and in connection with the Second Amendment, the Reporting Entity (as defined in the Note Purchase Agreement) has agreed to cause the undersigned, STERIS plc, a public limited company organized under the laws of Ireland with company number 595593 (the “New Parent”), and STERIS Emerald IE Limited, a private company limited by shares incorporated under the laws of Ireland with company number 633389 (the “Irish Subsidiary” and, together with the New Parent, the “Additional Guarantors”), to join in the Guaranty. In accordance with the requirements of the Guaranty, the Additional Guarantors desire to amend the definition of Guarantor (as the same may have been heretofore amended) set forth in the Guaranty so that at all times from and after the date hereof, the Additional Guarantors shall be jointly and severally liable as set forth in the Guaranty for the obligations of the Company under the Note Purchase Agreement and Notes to the extent and in the manner set forth in the Guaranty.

     The undersigned is the duly elected Senior Vice President and Chief Financial Officer of the New Parent and a Director of the Irish Subsidiary and is duly authorized to execute and deliver this Guaranty Supplement to each of you. The execution by the undersigned of this Guaranty Supplement shall evidence their consent to and acknowledgment and approval of the terms set forth herein and in the Guaranty and by such execution the Additional Guarantors shall be deemed to have made in favor of the Holders the representations and warranties set forth in Section 5 of the Guaranty.
 
Upon execution of this Guaranty Supplement, the Guaranty shall be deemed to be amended as set forth above. Except as amended herein, the terms and provisions of the Guaranty are hereby ratified, confirmed and approved in all respects.
 
Any and all notices, requests, certificates and other instruments (including the Notes) may refer to the Guaranty without making specific reference to the Guaranty Supplement, but nevertheless all such reference shall be deemed to include this Guaranty Supplement unless the context shall otherwise require.

[Signature Page Follows]

Dated as of the date first written above.
STERIS plc, a company organized
under the laws of Ireland
 
	
			
	By:
	/s/  Michael J. Tokich

	 
	Name:
	Michael J. Tokich

	 
	Title:
	Senior Vice President and  
Chief Financial Officer

  
STERIS Emerald IE Limited
 
	
			
	By:
	/s/  J. Adam Zangerle

	 
	Name:
	J. Adam Zangerle

	 
	Title:
	Director

   
 
 

[Signature page to Guaranty Supplement – 2012 Notes]

ACCEPTED AND AGREED:
 

STERIS CORPORATION
 

	
			
	By:
	/s/  Michael J. Tokich

	 
	Name:
	Michael J. Tokich

	 
	Title:
	Senior Vice President and  
Chief Financial Officer

[Signature page to Guaranty Supplement – 2012 Notes]

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