Document:

Second Amendment to Credit Agreement and Assignment and Assumption

 Exhibit 10.1 
 SECOND AMENDMENT TO CREDIT AGREEMENT 
 AND ASSIGNMENT AND ASSUMPTION 

THIS SECOND AMENDMENT TO CREDIT AGREEMENT AND ASSIGNMENT AND ASSUMPTION dated as of February 7, 2011 (the
“Agreement”) is entered into among Spark Networks Limited, a company organized under the laws of England and Wales (the “Prior Borrower”), Sparks Networks, Inc., a Delaware corporation (the
“Parent”), Spark Networks USA, LLC, a Delaware limited liability company (the “Borrower”), the Subsidiary Guarantors, the Lenders and Bank of America, N.A., as Administrative Agent. All capitalized terms used herein
and not otherwise defined herein shall have the meanings given to such terms in the Credit Agreement (as defined below). 

RECITALS 

WHEREAS, the Prior Borrower, the Parent, the Lenders and Bank of America, N.A., as Administrative Agent entered into that certain Credit
Agreement dated as of February 14, 2008 (as amended and modified from time to time, the “Credit Agreement”); 
 WHEREAS, the Prior Borrower, the Borrower and the Parent have requested that the Lenders (a) amend the Credit Agreement as set forth below and (b) consent to the assignment of all of the
obligations and liabilities of the Prior Borrower under the Loan Documents to the Borrower; 
 NOW, THEREFORE, in consideration
of the premises and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 

1. Amendments. The Credit Agreement is hereby amended as follows: 

(a) The definition of “Base Rate” in Section 1.01 of the Credit Agreement is hereby amended to read
as follows: 
 “Base Rate” means for any day a fluctuating rate per annum equal to the highest
of (a) the Federal Funds Rate plus 0.50%, (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime rate” and (c) the Eurodollar Rate plus 1.00%. The
“prime rate” is a rate set by Bank of America based upon various factors including Bank of America’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans,
which may be priced at, above, or below such announced rate. Any change in the “prime rate” announced by Bank of America shall take effect at the opening of business on the day specified in the public announcement of such change.

 (b) The definition of “Borrower” in Section 1.01 of the Credit Agreement is hereby
amended to read as follows: 
 “Borrower” means Spark Networks USA, LLC, a Delaware limited
liability company. 
 (c) Clause (b) of the definition of “Change of Control” in
Section 1.01 of the Credit Agreement is hereby amended to read as follows: 

 (b)(i) the Parent shall cease to own or control all of the economic and
voting rights associated with ownership of 100% of the outstanding Equity Interests having voting rights of all classes of Spark UK, on a fully diluted basis and (ii) Spark UK shall cease to own and control all of the economic and voting rights
associated with ownership of 100% of the outstanding Equity Interests having voting rights of all classes of the Borrower, on a fully diluted basis; or 
 (d) The definition of “Consolidated Fixed Charges” in Section 1.01 of the Credit Agreement is hereby amended to read as follows: 

“Consolidated Fixed Charges” means, as of any date of determination, for the Parent and its Subsidiaries
on a consolidated basis, an amount equal to the sum of (a) Consolidated Interest Charges for the period of the four consecutive fiscal quarters most recently ended plus (b) CMLTD plus (c) the amount of
redemptions/repurchases of Equity Interests by the Parent pursuant to Section 7.06(e) and the amount of dividends made by the Parent pursuant to Section 7.06(e), in each case, during the period of the four consecutive fiscal
quarters most recently ended (not including the first $15,000,000 in the aggregate of redemptions/repurchases and dividends or distributions made by the Parent within 365 days of the Second Amendment Effective Date (or such later date as approved by
the Required Lenders)) plus (d) Assumed Amortization. 
 (e) The definition of “Eurodollar
Rate” in Section 1.01 of the Credit Agreement is hereby amended to read as follows: 

“Eurodollar Rate” means, 

(a) for any Interest Period with respect to a Eurodollar Rate Loan, the rate per annum equal to the British Bankers
Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London
time, two Business Days prior to the commencement of such Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period. If such rate is not available at such time for any
reason, then the “Eurodollar Rate” for such Interest Period shall be the rate per annum determined by the Administrative Agent to be the rate at which deposits in Dollars for delivery on the first day of such Interest Period in same day
funds in the approximate amount of the Eurodollar Rate Loan being made, continued or converted by Bank of America and with a term equivalent to such Interest Period would be offered by Bank of America’s London Branch to major banks in the
London interbank eurodollar market at their request at approximately 11:00 a.m. (London time) two Business Days prior to the commencement of such Interest Period; and 

(b) for any interest rate calculation with respect to a Base Rate Loan on any date, the rate per annum equal to
(i) BBA LIBOR, as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as designated by the Administrative Agent from time to time) at approximately 11:00 a.m. London time determined two Business Days
prior to such date for Dollar deposits being delivered in the London interbank market for 

 
a term of one month commencing that day or (ii) if such published rate is not available at such time for any reason, the rate per annum determined by the Administrative Agent to be the rate
at which deposits in Dollars for delivery on the date of determination in same day funds in the approximate amount of the Base Rate Loan being made or maintained with a term equal to one month would be offered by Bank of America’s London Branch
to major banks in the London interbank eurodollar market at their request at the date and time of determination. 

(f) The definition of “Foreign Security Documents” in Section 1.01 of the Credit Agreement is hereby
amended to read as follows: 
 “Foreign Security Documents” means the collective reference to
the pledge agreements, charges, and other similar documents and agreements pursuant to which any Loan Party purports to pledge or grant a security interest in any Equity Interests of any Foreign Subsidiary, each as may be amended, restated,
supplemented or otherwise modified from time to time. 
 (g) The definition of “Maturity Date”
in Section 1.01 of the Credit Agreement is hereby amended to read as follows: 
 “Maturity
Date” means February 14, 2014, as such date may be extended in accordance with Section 2.14; provided, however, that if such date is not a Business Day, the Maturity Date shall be the next preceding Business
Day. 
 (h) The last sentence in the definition of “Subsidiary” in Section 1.01 of the
Credit Agreement is hereby amended to read as follows: 
 Unless otherwise specified, all references herein to a
“Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Parent. 

(i) The definitions of “Applicable Foreign Obligor Documents”, “Foreign Obligor”,
“Intermediate Holding Company” and “Permitted Holding Company Reorganization” are hereby deleted from Section 1.01 of the Credit Agreement in their entireties. 

(j) The following definitions are hereby added to Section 1.01 of the Credit Agreement in the appropriate
alphabetical order to read as follows: 
 “Second Amendment Effective Date” means
February 7, 2011. 
 “Spark UK” means Spark Networks Limited, a company organized under the
laws of England and Wales. 
 (k) The first sentence of Section 2.10(a) of the Credit Agreement is hereby
amended to read as follows: 
 All computations of interest for Base Rate Loans (including Base Rate Loans determined by
reference to the Eurodollar Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual elapsed days. 

 (l) Section 3.02 of the Credit Agreement is hereby amended to read as
follows: 
 3.02 Illegality. If any Lender determines that any Law has made it unlawful, or that
any Governmental Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to make, maintain or fund any Loans whose interest is determined by reference to the Eurodollar Rate, or to determine or charge interest
rates based upon the Eurodollar Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the London interbank market, then, on notice thereof by
such Lender to the Borrower through the Administrative Agent, (i) any obligation of such Lender to make or continue Eurodollar Rate Loans or to convert Base Rate Committed Loans to Eurodollar Rate Loans shall be suspended and pending or future
requests for Eurodollar Rate Loans shall, as to such Lender, be deemed requests for Base Rate Loans (and the Borrower shall provide a Committed Loan Notice in form and substance acceptable to the Administrative Agent and such Lender if requested by
such Lender or the Administrative Agent) and (ii) if such notice asserts the illegality of such Lender making or maintaining Base Rate Loans the interest rate on which is determined by reference to the Eurodollar Rate component of the Base
Rate, the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate, in each case, until such
Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, (x) the Borrower shall, upon demand from such Lender (with a copy to the
Administrative Agent), prepay or, if applicable, convert all Eurodollar Rate Loans of such Lender to Base Rate Loans (the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the
Administrative Agent without reference to the Eurodollar Rate component of the Base Rate), either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Eurodollar Rate Loans to such day, or
immediately, if such Lender may not lawfully continue to maintain such Eurodollar Rate Loans and (y) if such notice asserts the illegality of such Lender determining or charging interest rates based upon the Eurodollar Rate, the Administrative
Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference to the Eurodollar Rate component thereof until the Administrative Agent is advised in writing by such Lender that it is no longer
illegal for such Lender to determine or charge interest rates based upon the Eurodollar Rate. Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted. 

(m) Section 3.03 of the Credit Agreement is hereby amended to read as follows: 

3.03 Inability to Determine Rates. If the Required Lenders determine that for any reason in connection with
any request for a Eurodollar Rate Loan or a conversion to or continuation thereof that (a) Dollar deposits are not being offered to banks in the London interbank eurodollar market for the applicable amount and Interest Period of such Eurodollar
Rate Loan, (b) adequate and reasonable means do not exist for determining the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan or in connection with an existing or proposed Base Rate Loan, or
(c) the Eurodollar Rate for any requested Interest Period with respect to a 

 
proposed Eurodollar Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, the Administrative Agent will promptly so notify the Borrower and each Lender.
Thereafter, (x) the obligation of the Lenders to make or maintain Eurodollar Rate Loans shall be suspended and (y) in the event of a determination described in the preceding sentence with respect to the Eurodollar Rate component of the
Base Rate, the utilization of the Eurodollar Rate component in determining the Base Rate shall be suspended, in each case, until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such
notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Rate Loans or, failing that, will be deemed to have converted such request into a request for a Committed Borrowing of Base Rate
Loans in the amount specified therein. 
 (n) Section 5.03 of the Credit Agreement is hereby amended to read
as follows: 
 5.03 Governmental Authorization; Other Consents. No approval, consent, exemption,
authorization, or other action by, or notice to, or filing with, any Governmental Authority or any other Person is necessary or required in connection with the execution, delivery or performance by, or enforcement against, any Loan Party of this
Agreement or any other Loan Document except (a) as may be required by laws affecting the offering and sale of securities generally, (b) filings with the United States Copyright Office and/or the United States Patent and Trademark Office,
(c) filings under the UCC (or equivalent foreign filing office) and/or the Assignment of Claims Act, (d) with respect to any Collateral added in accordance with Section 6.12 after the Closing Date, approvals, consents,
exemptions, authorizations or other actions by, notices to or filing with any Governmental Authority as required under any applicable Law, and (e) as may be required with respect to Vehicles represented by a certificate of title. 

(o) Section 5.21 of the Credit Agreement is hereby deleted from the Credit Agreement in its entirety. 

(p) Section 6.02(a) of the Credit Agreement is hereby amended to read as follows: 

(a) concurrently with the delivery of the financial statements referred to in Sections 6.01(a) and (b),
(i) a duly completed Compliance Certificate signed by the chief executive officer, chief financial officer, treasurer or controller of the Parent and the Borrower and (ii) financial statements in form and substance substantially similar to
those prepared prior to the Closing Date (or in such other form as may be acceptable in both form and substance to the Administrative Agent) and setting forth the amount of Consolidated Adjusted EBITDA of the Parent attributable to (A) the
Israeli Sub and (B) Foreign Subsidiaries of the Parent (excluding the Israeli Sub); 
 (q)
Section 6.12(b) of the Credit Agreement is hereby amended to read as follows: 
 (b) Foreign
Subsidiaries. 
 Cause 66% (or such greater percentage that, due to a change in an applicable Law after the
date hereof, (i) could not reasonably be expected to cause the undistributed earnings of such Foreign Subsidiary as determined for United States federal income tax 

 
purposes to be treated as a deemed dividend to such Foreign Subsidiary’s United States parent and (ii) could not reasonably be expected to cause any material adverse tax consequences)
of the issued and outstanding Equity Interests entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) and 100% of the issued and outstanding Equity Interests not entitled to vote (within the meaning of Treas. Reg.
Section 1.956-2(c)(2)) in each Foreign Subsidiary directly owned by a Loan Party to be subject at all times to a first priority, perfected Lien in favor of the Administrative Agent pursuant to the terms and conditions of the Collateral
Documents, together with opinions of counsel and any filings and deliveries necessary in connection therewith to perfect the security interests therein, all in form, content and scope reasonably satisfactory to the Administrative Agent. 

(r) Section 6.14 of the Credit Agreement is hereby amended to read as follows: 

6.14 Approvals and Authorizations. Maintain all authorizations, consents, approvals and licenses from,
exemptions of, and filings and registrations with, each Governmental Authority in such jurisdiction that are required in connection with the Loan Documents. 
 (s) Clause (v) in Section 7.02(h) of the Credit Agreement is hereby amended to read as follows: 
 (v) immediately before and immediately after giving pro forma effect to such purchase or other acquisition (or series of related purchases or acquisitions), the Borrower shall have at least $3,000,000 in
the aggregate of cash, cash equivalents and/or amounts which may be borrowed hereunder in accordance with the terms of this Agreement; 
 (t) Section 7.02(i) of the Credit Agreement is hereby amended to read as follows: 
 (i) [Reserved]. 
 (u) Section 7.05(h) of the Credit Agreement
is hereby amended to read as follows: 
 (h) [Reserved]. 

(v) Section 7.06(a) of the Credit Agreement is hereby amended to read as follows: 

(a) each Subsidiary of the Borrower may make Restricted Payments to the Borrower, to each other owner of such Subsidiary
and to each direct parent of such Subsidiary that is a Loan Party; provided, that all such Restricted Payments shall be made on a ratable basis among such owners; 

(w) Sections 7.06(e) and (f) of the Credit Agreement are hereby amended to read as follows: 

(e)(i) the Parent may make equity redemptions/repurchases, and the Borrower may make dividends or distributions to the
Parent, or to Spark UK in a certain amount in order that Spark UK shall make dividends or distributions to the Parent, in 

 
such amount to finance such redemptions/repurchases, in each case, so long as (A) no Default or Event of Default has occurred and is continuing, (B) the Parent and its Subsidiaries are
in pro forma compliance with the financial covenants set forth in Section 7.12, and (C) after giving effect to each such redemption/repurchase, the Borrower shall have at least $3,000,000 in the aggregate of cash, cash equivalents
and/or amounts which may be borrowed hereunder in accordance with the terms of this Agreement and (ii) the Parent may make cash dividends, and the Borrower may make dividends or distributions to the Parent, or to Spark UK in a certain amount in
order that Spark UK shall make dividends or distributions to the Parent, in such amount to finance such cash dividends by the Parent, in each case, so long as (A) no Default or Event of Default has occurred and is continuing, (B) the
Parent and its Subsidiaries are in pro forma compliance with the financial covenants set forth in Section 7.12, and (C) after giving effect to each such dividend, the Borrower shall have at least $3,000,000 in the aggregate of cash,
cash equivalents and/or amounts which may be borrowed hereunder in accordance with the terms of this Agreement; 

(f) the Borrower may make Restricted Payments to Spark UK in a certain amount in order that Spark UK shall make Restricted
Payments to the Parent in such amount to permit the Parent to pay (i) the Parent’s reasonable out-of-pocket costs and expenses related to the Parent’s corporate overhead in an amount not to exceed $6,000,000 during any fiscal year and
(ii) income taxes attributable to the Borrower and its Subsidiaries; and 
 (x) Section 7.12(a) of the
Credit Agreement is hereby amended to read as follows: 
 (a) Maximum Consolidated Leverage Ratio. Permit
the Consolidated Leverage Ratio at any time during any period of four fiscal quarters of the Parent ending on the last day of each fiscal quarter set forth below to be greater than 2.00 to 1.0. 

(y) Article XI of the Credit Agreement is hereby deleted from the Credit Agreement in its entirety. 

(z) Schedule 5.03 of the Credit Agreement is hereby deleted from the Credit Agreement in its entirety. 

2. Assignment. 
 (a) The Prior Borrower hereby assigns, transfers and sets over unto the Borrower, and the Borrower hereby assumes, all the rights, obligations, duties, responsibilities and liabilities of the Prior
Borrower as set forth in the Credit Agreement and the other Loan Documents, and agrees to perform all the obligations, duties and liabilities required by the Loan Agreement and the other Loan Documents in the manner, and in all other respects as
therein provided; and to be bound by all of the terms of the Loan Agreement and the other Loan Documents all as fully and to the same extent as though such Loan Agreement and other Loan Documents and each of them, had originally been made, executed
and delivered by the Borrower. The Borrower acknowledges that it is now the “Borrower” as that term is defined in the Loan Documents. 
 (b) Subject to the Borrower’s assumption of the rights, obligations, duties, responsibilities and liabilities of the Prior Borrower under the Loan Documents, the

 
Administrative Agent and the Lenders hereby consent to the assumption of the Loan Documents by the Borrower and acknowledge that the assignment does not constitute an Event of Default under the
Loan Documents. 
 (c) All references to the “Borrower” in the Loan Documents shall be deemed
references to “Spark Networks USA, LLC”. 
 3. Release. Israel Sub is hereby released and discharged from all
of its obligations as a Subsidiary Guarantor under the Credit Agreement, the Subsidiary Guaranty and any other Loan Documents. The Prior Borrower is hereby released from all of its obligations under the Credit Agreement and any other Loan Documents.
The Administrative Agent hereby agrees to execute and deliver such release documents as the Borrower reasonably requests in connection with this Release. 
 4. Conditions Precedent. This Agreement shall be effective upon satisfaction of the following conditions precedent: 

(a) The Administrative Agent shall have received (i) counterparts of this Agreement executed by the Prior Borrower,
the Borrower, the Guarantors, the Lenders and the Administrative Agent, (ii) a Note executed by the Borrower in favor of each Lender and (iii) executed amendments to the Collateral Documents reasonably necessary to provide for the
assignment to the Borrower contemplated above. 
 (b) The Administrative Agent shall have received a certificate
of a Responsible Officer of each Loan Party, in form and substance reasonably satisfactory to the Administrative Agent, attaching resolutions of each Loan Party approving and adopting this Agreement and authorizing the execution and delivery of this
Agreement and any documents, agreements or certificates related thereto and certifying that such resolutions have not been amended, supplemented or otherwise modified and remain in full force and effect as of the date hereof. 

(c) The Administrative Agent shall have received a favorable opinion of counsel of the Loan Parties, addressed to the
Administrative Agent and each Lender, in each case in form and substance reasonably satisfactory to the Administrative Agent; and 
 (d) The Administrative Agent shall have received (i) for the account of each Lender executing this Agreement, a fee equal to 0.25% of the amount of the Commitment of such Lender and (ii) any
other reasonable fees and expenses owing to the Administrative Agent. 
 5. Reaffirmation of Credit Agreement. The Credit
Agreement and the obligations of the Loan Parties thereunder and under the other Loan Documents, are hereby ratified and confirmed and shall remain in full force and effect according to their terms. This Agreement is a Loan Document. 

6. Reaffirmation of Guaranties. Except as expressly provided herein, each Guarantor hereby (a) acknowledges and consents to
all of the terms and conditions of this Agreement, (b) affirms all of its obligations under the Loan Documents to which it is a party, (c) agrees that this Agreement and all documents executed in connection herewith do not operate to
reduce or discharge such Guarantor’s obligations under the Loan Documents to which it is a party and (d) each Guarantor agrees that the Subsidiary Guaranty and the Parent Guaranty, as applicable, remains effective with respect to the new
Borrower. 

 7. Reaffirmation of Security Interests. Except as expressly provided herein, each
Loan Party (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are valid and subsisting and (b) agrees that this Amendment shall in no manner impair or otherwise adversely effect any of the Liens granted in or
pursuant to the Loan Documents. 
 8. Representations and Warranties/No Default. 

(a) By its execution hereof, each Loan Party hereby certifies that after giving effect to this Agreement: 

(i) each of the representations and warranties set forth in the Credit Agreement and the other Loan Documents is true and
correct in all material respects as of the date hereof as if fully set forth herein, except: 
 (A) to the
extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct as of such earlier date; 
 (B) the representations and warranties contained in subsections (a) and (b) of Section 5.05 of the Credit Agreement shall be deemed to refer to the most recent statements furnished
pursuant to clauses (a) and (b), respectively, of Section 6.01 of the Credit Agreement; 
 (C)
that any representation or warranty that is qualified by materiality or Material Adverse Effect shall be true and correct in all respects as of the date hereof (subject to clause (A) above); and 

(ii) no Default or Event of Default has occurred and is continuing as of the date hereof or would result after giving
effect to the transactions contemplated hereunder. 
 (b) By its execution hereof, each Loan Party hereby
represents and warrants that such Person has all requisite power and authority and has taken all necessary corporate or other action to authorize the execution, delivery and performance of this Agreement and each other document executed in
connection herewith to which it is a party in accordance with their respective terms. 
 (c) This Agreement and
each other document executed in connection herewith has been duly executed and delivered by the duly authorized officers of each Loan Party, and each such document constitutes the legal, valid and binding obligation of such Loan Party, enforceable
in accordance with its terms. 
 9. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
THE LAWS OF THE STATE OF NEW YORK. 
 10. Counterparts. This Agreement may be executed in counterparts (and by different
parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Agreement by telecopy or
other secured electronic format (.pdf) shall be effective as delivery of a manually executed counterpart of this Agreement. 

 [Signature pages follow] 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed
as of the date first above written. 
  

			
	SPARK NETWORKS LIMITED, as Prior Borrower
		
	By:	 	 /s/ Brett Zane

	Name: Brett Zane
	Title: Chief Financial Officer
	
	SPARK NETWORKS USA, LLC, as Borrower
		
	By:	 	 /s/ Brett Zane

	Name: Brett Zane
	Title: Chief Financial Officer
	
	SPARK NETWORKS, INC., as Parent
		
	By:	 	 /s/ Brett Zane

	Name: Brett Zane
	Title: Chief Financial Officer
	
	LOV USA, LLC, as Subsidiary Guarantor
		
	By:	 	 /s/ Brett Zane

	Name: Brett Zane
	Title: Chief Financial Officer
	
	MINGLEMATCH, INC., as Subsidiary Guarantor
		
	By:	 	 /s/ Brett Zane

	Name: Brett Zane
	Title: Treasurer
	
	HURRYDATE, LLC, as Subsidiary Guarantor
	 By:        LOV USA, LLC, its Sole Member

		
	By:	 	 /s/ Brett Zane

	Name: Brett Zane
	Title: Chief Financial Officer
	
	SN EVENTS, INC., as Subsidiary Guarantor
		
	By:	 	 /s/ Brett Zane

	Name: Brett Zane
	Title: Chief Financial Officer

 
			
	KIZMEET, INC., as Subsidiary Guarantor
		
	By:	 	 /s/ Brett Zane

	Name: Brett Zane
	Title: Chief Financial Officer and Treasurer
	
	SN HOLDCO, LLC, as Subsidiary Guarantor
		
	By:	 	 /s/ Brett Zane

	Name: Brett Zane
	Title: Chief Financial Officer and Treasurer

							
	ADMINISTRATIVE	 		  	
	AGENT:	 		  	
		 	BANK OF AMERICA, N.A.,	  	
		 	as Administrative Agent	  	
				
		 	By:	  	 /s/ Julie Yamauchi
	  	
		 	Name: Julie Yamauchi	  	
		 	Title: Senior Vice President	  	
			
	LENDERS:	 	BANK OF AMERICA, N.A.,	  	
		 	as Lender, L/C Issuer and Swing Line Lender	  	
				
		 	By:	  	 /s/ Julie Yamauchi
	  	
		 	Name: Julie Yamauchi	  	
		 	Title: Senior Vice PresidentSecond Amendment to Credit Agreement

 Exhibit 10.1 
 EXECUTION COPY 
 SECOND AMENDMENT TO CREDIT AGREEMENT 

THIS SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) dated as of February 4, 2011 to the Credit Agreement
referenced below is by and among (i) Potlatch Corporation, a Delaware corporation and a REIT (“Potlatch” or the “Company”), (ii) Potlatch Forest Holdings, Inc., a Delaware corporation (“Potlatch
Forest”), (iii) Potlatch Land & Lumber, LLC, a Delaware limited liability company and a taxable REIT subsidiary of Potlatch (“Potlatch Land & Lumber”) (collectively, the “Borrowers”),
(iv) certain Material Subsidiaries of the Borrowers from time to time party hereto as guarantors (the “Guarantors”), (v) each lender from time to time party hereto, and (vii) Bank of America, N.A., as Administrative
Agent, Swing Line Lender and an L/C Issuer. 
 W I T N E S S E T H 

WHEREAS, a revolving credit facility has been established in favor of the Borrowers pursuant to the terms of that Credit Agreement dated
as of December 8, 2008 (as amended, restated, modified or supplemented from time to time, the “Credit Agreement”) among the Borrowers, the Guarantors, the Lenders identified therein (the “Lenders”) and the
Administrative Agent; 
 WHEREAS, the Borrowers have requested that the Lenders amend the Credit Agreement to modify certain
provisions contained therein; and 
 WHEREAS, the Required Lenders have agreed to amend the Credit Agreement on the terms and
subject to the conditions set forth herein. 
 NOW, THEREFORE, IN CONSIDERATION of the premises and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1.
Defined Terms. Capitalized terms used herein but not otherwise defined herein shall have the meanings provided to such terms in the Credit Agreement. 
 2. Amendments to Credit Agreement. 
 (a) Section 1.01 of the Credit
Agreement is hereby amended by inserting the following new definitions in the appropriate alphabetical order: 

“Second Amendment” means the Second Amendment to this Agreement, dated as of February 4, 2011.

 “Second Amendment Effective Date” has the meaning specified in the Second Amendment.

 (b) The definition of “Aggregate Commitments” appearing in
Section 1.01 of the Credit Agreement is hereby amended by deleting the last sentence contained in such definition and inserting the following new sentence in lieu thereof: 

“The Aggregate Commitments as of the Second Amendment Effective Date shall be ONE HUNDRED FIFTY MILLION DOLLARS
($150,000,000).” 
 (c) Section 6.10(b) of the Credit Agreement is hereby amended by deleting such Section in its
entirety and inserting the following Section 6.10(b) in lieu thereof: 
 “(b) Collateral Coverage
Ratio. Subject to Section 6.13(b), at all times, the Collateral Coverage Ratio shall be greater than 3.00:1.00.” 

(d) Section 6.10(c) of the Credit Agreement is hereby amended by deleting such Section in its entirety and inserting the following
Section 6.10(c) in lieu thereof: 
 “(c) Funded Indebtedness to Capitalization Ratio. At all
times the Funded Indebtedness to Capitalization Ratio shall be less than or equal to 70.0%.” 
 (e) Sections 6.13(b) and
(c) and Section 6.14(b) are hereby amended by deleting each reference to “2.25 to 1.0” contained therein and replacing each such reference with “3.00 to 1.0”. 

(f) Section 7.01(d) of the Credit Agreement is hereby amended by deleting such Section in its entirety and inserting the following
Section 7.01(d) in lieu thereof: 
 “(d) obligations (contingent or otherwise) of the Borrowers or any
Subsidiary existing or arising under any Swap Contracts, provided that such obligations are (or were) entered into by such Person in the ordinary course of business for the purpose of directly mitigating risks associated with purchases,
sales, liabilities, commitments, investments, assets, or property held or reasonably anticipated by such Person, or changes in the value of securities issued by such Person, and not for purposes of speculation or taking a “market
view;”” 
 (g) Schedule 2.01 to the Credit Agreement is hereby amended by deleting such Schedule in its
entirety and replacing it with Schedule 2.01 as set forth in Annex A hereto. 
 3. Conditions Precedent to
Effectiveness. This Amendment shall become effective on the date (the “Second Amendment Effective Date”) when each of the following conditions shall have been satisfied: 

(a) the Borrowers, the Guarantors, the Administrative Agent and the Lenders constituting the Required Lenders shall have signed a
counterpart hereof (whether the same or different counterparts) and shall have delivered (including by way of pdf, facsimile or other electronic transmission) the same to the Administrative Agent; 

  
 2 

 (b) the Borrowers shall have paid to the Administrative Agent (or one of its Affiliates, as
applicable) (a) a non-refundable cash amendment fee in dollars for distribution to each Lender which executes and delivers to the Administrative Agent (or its designee) a counterpart hereof by 12:00 noon (Pacific time) on February 2, 2011,
in an amount equal to 20.0 basis points of the Commitments of such Lender outstanding on the Second Amendment Effective Date (after giving effect to this Amendment) and (b) all other fees required to be paid on or before the Second Amendment
Effective Date; 
 (c) the Borrowers shall have paid all reasonable fees, expenses and disbursements of counsel to the
Administrative Agent to the extent invoiced prior to or on the Second Amendment Effective Date, plus such additional amounts of reasonable fees, expenses and disbursements of counsel to the Administrative Agent as shall constitute its reasonable
estimate of reasonable fees, expenses and disbursements of counsel to the Administrative Agent incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final settling of accounts
between the Borrowers and the Administrative Agent); 
 (d) after giving effect to this Amendment, the representations and
warranties of the Loan Parties contained in Section 4 of this Amendment, Article V of the Credit Agreement or any other Loan Document, or which are contained in any document furnished at any time under or in connection
herewith or therewith, shall be true and correct in all material respects (or, if the applicable representation and warranty is already subject to a materiality standard, shall be true and correct in all respects) on and as of the Second Amendment
Effective Date, except to the extent that such representations and warranties expressly refer to an earlier date, in which case they shall be true and correct in all material respects (or, if the applicable representation and warranty is already
subject to a materiality standard, shall be true and correct in all respects) as of such date; and 
 (e) no Default or Event of
Default shall exist and be continuing as of the Second Amendment Effective Date. 
 4. Representations and Warranties.
Each of the Borrowers and the Guarantors hereby represents and warrants that (a) it has the requisite corporate power and authority to execute, deliver and perform this Amendment, (b) it is duly authorized to, and has been authorized by
all necessary corporate action to, execute, deliver and perform this Amendment, (c) no consent, approval, authorization or order of, or filing, registration or qualification with, any court or governmental authority or third party is required
in connection with the execution, delivery or performance by it of this Amendment, (d) the execution, delivery and performance by it of this Amendment do not and will not conflict with, result in a breach of or constitute a default under the
articles of incorporation, bylaws or other organizational documents of either the Borrowers or the Guarantors or any of their Subsidiaries or any indenture or other material agreement or instrument to which any such Person is a party or by which any
of its properties may be bound or the approval of any Governmental Authority relating to such Person except as could not reasonably be expected to have a Material Adverse Effect, (e) the representations and warranties contained in Article V of
the Credit Agreement are true and correct in all material respects on and as of the date hereof as though made on and as of such date (except for those which expressly relate to an earlier date) and (f) after giving effect to this Amendment, no
Default or Event of Default exists under the Credit Agreement or the other Loan Documents on and as of the date hereof or will occur as a result of the transactions contemplated hereby. 

  
 3 

 5. No Other Changes; Ratification. Except as expressly modified hereby, all of the
terms and provisions of the Credit Agreement (including schedules and exhibits thereto) and the other Loan Documents shall remain in full force and effect. The term “this Agreement” or “Credit Agreement” and all similar
references as used in each of the Loan Documents shall hereafter mean the Credit Agreement as amended by this Amendment. Except as herein specifically agreed, the Credit Agreement is hereby ratified and confirmed and shall remain in full force and
effect according to its terms. 
 6. Costs and Expenses. The Borrowers agree to pay all reasonable costs and expenses of
the Administrative Agent in connection with the preparation, execution and delivery of this Amendment, including without limitation the reasonable fees and expenses of Moore & Van Allen PLLC. 

7. Counterparts; Facsimile; Email. This Amendment may be executed in any number of counterparts, each of which when so executed
and delivered shall be deemed an original and it shall not be necessary in making proof of this Amendment to produce or account for more than one such counterpart. Delivery of an executed counterpart of this Amendment by telecopy or email (in PDF
format) by any party hereto shall be effective as such party’s original executed counterpart. 
 8. Governing Law.
This Amendment shall be deemed to be a contract made under, and for all purposes shall be construed in accordance with, the laws of the State of New York. 
 9. Entirety. This Amendment and the other Loan Documents embody the entire agreement between the parties and supersede all prior agreements and understandings, if any, relating to the subject
matter hereof. This Amendment and the other Loan Documents represent the final agreement between the parties and may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties. There are no oral agreements
between the parties. 
 10. Reaffirmation. Each of the Loan Parties party hereto acknowledges and agrees that it is a
Loan Party under the Credit Agreement, that it is bound by all terms of the Credit Agreement applicable to a Borrower or a Guarantor, as applicable, and that it is responsible for the observance and full performance of its respective obligations
under the Credit Agreement and the Loan Documents. The Loan Parties agree that this Amendment and any documents executed in connection herewith do not operate to reduce or discharge the Loan Parties’ obligations under the Credit Agreement or
the other Loan Documents. Each Loan Party affirms the liens and security interests created and granted by it in the Loan Documents (including, but not limited to, the Pledge Agreement and the Timberland Mortgages) and agrees that this Amendment
shall in no manner adversely affect or impair such liens and security interests. 
 [SIGNATURE PAGES FOLLOW] 

  
 4 

 IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this Amendment
to be duly executed and delivered as of the date first above written. 
  

							
	BORROWERS:	 		 	POTLATCH CORPORATION,
		 		 	a Delaware corporation
				
		 		 	By:	 	/s/ Eric Cremers
		 		 	Name:	 	Eric Cremers
		 		 	Title:	 	Vice President, Finance & CFO
			
		 		 	POTLATCH FOREST HOLDINGS, INC.,
		 		 	a Delaware corporation
				
		 		 	By:	 	/s/ Eric Cremers
		 		 	Name:	 	Eric Cremers
		 		 	Title:	 	Vice President, Finance & CFO
			
		 		 	POTLATCH LAND & LUMBER, LLC,
		 		 	a Delaware limited liability company
				
		 		 	By:	 	/s/ Eric Cremers
		 		 	Name:	 	Eric Cremers
		 		 	Title:	 	Vice President, Finance & CFO

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

							
	GUARANTORS:	 		 	PFHI IDAHO INVESTMENT LLC,
		 		 	a Delaware limited liability company
				
		 		 	By:	 	/s/ Eric Cremers
		 		 	Name:	 	Eric Cremers
		 		 	Title:	 	Vice President, Finance & CFO
			
		 		 	PFPC MCCALL INVESTMENT LLC,
		 		 	a Delaware limited liability company
				
		 		 	By:	 	/s/ Eric Cremers
		 		 	Name:	 	Eric Cremers
		 		 	Title:	 	Vice President, Finance & CFO
			
		 		 	POTLATCH TIMBERLANDS, LLC,
		 		 	a Delaware limited liability company
				
		 		 	By:	 	/s/ Eric Cremers
		 		 	Name:	 	Eric Cremers
		 		 	Title:	 	Vice President, Finance & CFO
			
		 		 	POTLATCH LAKE STATES TIMBERLANDS, LLC,
		 		 	a Delaware limited liability company
				
		 		 	By:	 	/s/ Eric Cremers
		 		 	Name:	 	Eric Cremers
		 		 	Title:	 	Vice President, Finance & CFO
			
		 		 	POTLATCH MINNESOTA TIMBERLANDS, LLC,
		 		 	a Delaware limited liability company
				
		 		 	By:	 	/s/ Eric Cremers
		 		 	Name:	 	Eric Cremers
		 		 	Title:	 	Vice President, Finance & CFO

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

 
			
	POTLATCH WISCONSIN TIMBERLANDS, LLC,
	a Delaware limited liability company
		
	By:	 	/s/ Eric Cremers
	Name:	 	Eric Cremers
	Title:	 	Vice President, Finance & CFO

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

							
	ADMINISTRATIVE AGENT	 		 		 	
	AND LENDERS:	 		 	BANK OF AMERICA, N.A.,
		 		 	as Administrative Agent
				
		 		 	By:	 	/s/ Anthea Del Blanco
		 		 	Name:	 	Anthea Del Blanco
		 		 	Title:	 	Vice President

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

			
	BANK OF AMERICA, N.A.,
	as a Lender, an L/C Issuer and Swing Line Lender
		
	By:	 	/s/ Michael J. Balok
	Name:	 	Michael J. Balok
	Title:	 	Managing Director

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

			
	U.S. BANK NATIONAL ASSOCIATION
		
	By:	 	/s/ Richard J. Ameny, Jr.
	Name:	 	Richard J. Ameny, Jr.
	Title:	 	Vice President

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

			
	WELLS FARGO BANK, N.A.
		
	By:	 	/s/ Deborah S. Watson
	Name:	 	Deborah S. Watson
	Title:	 	Managing Director

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

			
	 COOPERATIEVE CENTRALE
 RAIFFEISEN – BOERENLEENBANK
 B.A. “RABOBANK INTERNATIONAL”

NEW YORK BRANCH

		
	By:	 	/s/ Marina Kremer
	Name:	 	Marina Kremer
	Title:	 	Executive Director
		
	By:	 	/s/ Andrew Sherman
	Name:	 	Andrew Sherman
	Title:	 	Executive Director

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

 
			
	 NORTHWEST FARM CREDIT
 SERVICES, PCA

		
	By:	 	/s/ Kerisa Alvis
	Name:	 	Kerisa Alvis
	Title:	 	Account Manager/AVP

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

			
	 GREENSTONE FARM CREDIT
 SERVICES, ACA/FLCA

		
	By:	 	/s/ Jeff Pavlik
	Name:	 	Jeff Pavlik
	Title:	 	Vice President

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

 
			
	STERLING SAVINGS BANK
		
	By:	 	/s/ Colin Duffy
	Name:	 	Colin Duffy
	Title:	 	Vice President

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

 
			
	UNION BANK, N.A.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

 
			
	UNITED FCS, FLCA D/B/A FCS
COMMERCIAL FINANCE GROUP
		
	By:	 	/s/ Lisa Caswell
	Name:	 	Lisa Caswell
	Title:	 	Assistant Vice President

  

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

			
	COBANK, ACB
		
	 By:
	 	/s/ Pete Huffine
	 Name:
	 	Pete Huffine
	 Title:
	 	Vice President

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

 
			
	AMERICAN AGCREDIT, FLCA
		
	 By:
	 	/s/ Vern Zander
	 Name:
	 	Vern Zander
	 Title:
	 	Vice President

  

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

			
	CAPITAL FARM CREDIT
		
	By:	 	/s/ Jeff Norte
	Name:	 	Jeff Norte
	Title:	 	Senior Vice President

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

			
	BADGERLAND FINANCIAL
		
	By:	 	/s/ Larry Coulthard
	Name:	 	Larry Coulthard
	Title:	 	 VP Loan Participation

  & Capital Markets

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

			
	 FARM CREDIT EAST, ACA successor
 by merger to FIRST PIONEER FARM
 CREDIT, ACA

		
	By:	 	/s/ James M. Papai
	Name:	 	James M. Papsi
	Title:	 	Senior Vice President

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION 

 
			
	 FARMCREDIT SERVICES OF THE
 MOUNTAIN PLAINS, FLCA

		
	By:	 	/s/ Bradley K. Leafgren

			
	Name:	 	Bradley K. Leafgren
	Title:	 	Vice President

  
 SECOND
AMENDMENT TO CREDIT AGREEMENT 
 POTLATCH CORPORATION

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00184-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00184-of-00352.parquet"}]]