SEC Contract Filing

Filing Date: 2024-06-24

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tm2417775d1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B><I>Execution Version</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">SENIOR SECURED CREDIT FACILITIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CREDIT AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">dated as of June&nbsp;21, 2024,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">among</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RIBBON COMMUNICATIONS INC.,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as a Guarantor,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RIBBON COMMUNICATIONS OPERATING COMPANY,&nbsp;INC.,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as the Borrower,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>The
Several Lenders from Time to Time PartY Hereto,</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>HPS INVESTMENT PARTNERS, LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Administrative Agent,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>HPS
INVESTMENT PARTNERS, LLC<BR>
</B></FONT>and<B><BR>
WHITEHORSE CAPITAL MANAGEMENT, LLC,<BR>
</B>as Joint Lead Arrangers and Bookrunners</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Table of Contents</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Page</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
 <TR STYLE="vertical-align: top">
 <TD COLSPAN="2" STYLE="text-indent: 0in">SECTION 1 DEFINITIONS</TD>
 <TD STYLE="text-align: right; text-indent: 0in">1</TD></TR>
 <TR STYLE="vertical-align: top">
 <TD STYLE="padding-left: 25pt; text-align: left; width: 12%">1.1</TD>
 <TD STYLE="width: 81%; text-indent: 0in">Defined Terms</TD>
 <TD STYLE="text-align: right; width: 7%; text-indent: 0in">1</TD></TR>
 <TR STYLE="vertical-align: top">
 <TD STYLE="padding-left: 25pt; text-align: left">1.2</TD>
 <TD STYLE="text-indent: 0in">Other Definitional Provisions</TD>
 <TD STYLE="text-align: right; text-indent: 0in">49</TD></TR>
 <TR STYLE="vertical-align: top">
 <TD STYLE="padding-left: 25pt; text-align: left">1.3</TD>
 <TD STYLE="text-indent: 0in">Rounding</TD>
 <TD STYLE="text-align: right; text-indent: 0in">50</TD></TR>
 <TR STYLE="vertical-align: top">
 <TD STYLE="padding-left: 25pt; text-align: left">1.4</TD>
 <TD STYLE="text-indent: 0in">Currency</TD>
 <TD STYLE="text-align: right; text-indent: 0in">50</TD></TR>
 <TR STYLE="vertical-align: top">
 <TD STYLE="padding-left: 25pt; text-align: left">1.5</TD>
 <TD STYLE="text-indent: 0in">Limited Condition Acquisitions</TD>
 <TD STYLE="text-align: right; text-indent: 0in">51</TD></TR>
 <TR STYLE="vertical-align: top">
 <TD STYLE="padding-left: 25pt; text-align: left">1.6</TD>
 <TD STYLE="text-indent: 0in">Rates</TD>
 <TD STYLE="text-align: right; text-indent: 0in">51</TD></TR>
 <TR STYLE="vertical-align: top">
 <TD STYLE="padding-left: 25pt; text-align: left">1.7</TD>
 <TD STYLE="text-indent: 0in">Agreed Security Principles</TD>
 <TD STYLE="text-align: right