SEC Contract Filing

Filing Date: 2025-03-26

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<TYPE>EX-10.1
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<FILENAME>exhibit101toamendmentno8.htm
<DESCRIPTION>EX-10.1
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<DIV><FONT size="1" style="font-size:1pt;color:white">EXECUTED AMENDMENT NO. 8, dated as of March 26, 2025 (this &#8220;Amendment&#8221;), among JELD-WEN Holding, Inc., a Delaware corporation (&#8220;Holdings&#8221;), JELD-WEN, Inc., a Delaware corporation (the &#8220;Borrower Representative&#8221;), JELD-WEN of Canada, Ltd., an Ontario corporation (&#8220;JW Canada&#8221;), the other Borrowers (this and each other capitalized term used herein without definition having the meaning assigned to such term in the Amended Credit Agreement described below) party hereto, the Subsidiary Guarantors party hereto, Wells Fargo Bank, National Association, as Administrative Agent, U.S. Issuing Bank, Canadian Issuing Bank and Swingline Lender (in such capacities, the &#8220;Agent&#8221;), and the Lenders party hereto. WHEREAS, reference is hereby made to the Amended Revolving Credit Agreement, dated as of October 15, 2014 (as amended, supplemented, amended and restated or otherwise modified from time to time prior to the date hereof, the &#8220;Existing Credit Agreement&#8221;, and the Existing Credit Agreement as amended by this Amendment, the &#8220;Amended Credit Agreement&#8221;), among the Borrower Representative, JW Canada, the other Borrowers party thereto, Holdings, the other Guarantors party thereto, the Agent and the Lenders party thereto; WHEREAS, the Borrowers have requested that (i) the Lenders extend the Revolving Termination Date as defined in the Existing Credit Agreement and (ii) the Agent and the Lenders agree to amend certain provisions of the Existing Credit Agreement as further set forth herein, and the Agent and the Lenders have agreed, as applicable, to extend the Revolving Termination Date and to such requested amendments, subject in all cases to the terms and conditions set forth herein; WHEREAS, each Lender under the Existing Credit Agreement that executes and delivers a signature page to this Amendment hereby agrees to the terms and conditions of this Amendment, including, without limitation, the terms and conditions of the Amended Credit Agreement attached hereto as Annex A (each such existing Lender that has executed and delivered a signature page to this Amendment, a &#8220;Consenting Lender&#8221;), and such Consenting Lenders constitute not less than the Required Lenders under the Existing Credit Agreement. WHEREAS, each Lender under the Existing Credit Agreement that does not execute and deliver a signature page to this Amendment (each, a &#8220;Non-Consenting Lender&#8221;) shall assign all of its Commitments, Loans and participations in Letter of Credit Disbursements and Swingline Loans, and all of its interests, rights and obligations under the Existing Credit Agreement with respect thereto, to a Replacement Lender (as hereinafter defined) pursuant to, and in accordance with, Section 2.21 of the Existing Credit Agreement and Section 5 of this Amendment. WHEREAS, each Person that executes and delivers a signature page to this Amendment as a &#8220;Replacement Lender&#8221; (which Person may also be a Consenting Lender) (each such Person, a &#8220;Replacement Lender&#8221;) hereby agrees to the terms and conditions of this Amendment, including, without limitation, the terms and conditions of the Amended Credit Agreement attached hereto as Annex A and shall assume the interests, rights and obligations assigned to it pursuant to, and in accordance with, Section 2.21 of the Existing Credit Agreement and Section 5 of this Amendment. </FONT></DIV>
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<DIV><FONT size="1" style="font-size:1pt;color:white"> 12549163v11 WHEREAS, pursuant to Section 10.1 of the Existing Credit Agreement, the Loan Parties, the Agent and the Lenders party hereto, may, and hereby express their desire to, amend the Existing Credit Agreement for certain purposes set forth more fully herein; NOW, THEREFORE, in consideration of the premises and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: Section 1. Amendments to Existing Credit Agreement. On the Amendment Effective Date (as defined below), the Loan Parties, the Agent and the Lenders agree that: (a) The Existing Credit Agreement is, effective as of the Amendment Effective Date, hereby amended pursuant to Section 10.1 of the Existing Credit Agreement, to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in Annex A attached hereto. (b) Schedule 1.1F to the Existing Credit Agreement is hereby replaced in its entirety with Schedule 1.1F attached as Annex B hereto. (c) Exhibit I to the Existing Credit Agreement is hereby replaced in its entirety with Exhibit I attached as Annex C hereto. Section 2. Representations and Warranties. Each of the Loan Parties represents and warrants to the Agent and the Lenders as of the Amendment Effective Date that: (a) This Amendment has been duly authorized, executed and delivered by it and constitutes a legal, valid and binding obligation of such Loan Party, enforceable against it in accordance w