SEC Contract Filing

Filing Date: 2015-09-09

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex101-secondamendtocredita.htm
<DESCRIPTION>EXHIBIT 10.1 2ND AMENDMENT TO CREDIT AGREEMENT
<TEXT>
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<a name="sd8c52eb986074339b07901e22248bd20"></a><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">&#32;&#32;SECOND AMENDMENT TO CREDIT AGREEMENT</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:11pt;">This SECOND AMENDMENT TO CREDIT AGREEMENT (this &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Amendment</font><font style="font-family:inherit;font-size:11pt;">&#8221;) is entered into as of July 2, 2015, by and among Ciena Corporation, a Delaware corporation (the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Borrower</font><font style="font-family:inherit;font-size:11pt;">&#8221;), Ciena Communications, Inc., a Delaware corporation (&#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">CCI</font><font style="font-family:inherit;font-size:11pt;">&#8221;), Ciena Government Solutions, Inc., a Delaware corporation (&#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">CGSI</font><font style="font-family:inherit;font-size:11pt;">&#8221; and, together with the Borrower and CCI, collectively, the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Loan Parties</font><font style="font-family:inherit;font-size:11pt;">&#8221;), Bank of America, N.A., as administrative agent (in such capacity, the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Administrative Agent</font><font style="font-family:inherit;font-size:11pt;">&#8221;), and each of the Lenders (as defined in the Credit Agreement referred to below) party to the Credit Agreement (as defined below). Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Credit Agreement. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">RECITALS</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:11pt;">WHEREAS, the Borrower, the Lenders from time to time party thereto, and the Administrative Agent are parties to that certain Credit Agreement, dated as of July 15, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Credit Agreement</font><font style="font-family:inherit;font-size:11pt;">&#8221;), pursuant to which, among other things, the Lenders have agreed, subject to the terms and conditions set forth therein, to make certain loans and other financial accommodations to the Borrower;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">WHEREAS, the Borrower has formed Neptune Acquisition Subsidiary, Inc., a Delaware corporation and a Wholly-Owned Domestic Subsidiary of the Borrower (&#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Merger Sub</font><font style="font-family:inherit;font-size:11pt;">&#8221;) for the purpose of acquiring all of the outstanding Equity Interests of Cyan, Inc., a Delaware corporation (&#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Cyan</font><font style="font-family:inherit;font-size:11pt;">&#8221;), pursuant to an Agreement and Plan of Merger, dated as of May 3, 2015, among the Borrower, Merger Sub and Cyan (the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Merger Agreement</font><font style="font-family:inherit;font-size:11pt;">&#8221;);</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">WHEREAS, upon the consummation of the acquisition of all of the outstanding Equity Interests of Cyan as contemplated by the Merger Agreement (the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Acquisition</font><font style="font-family:inherit;font-size:11pt;">&#8221;), Merger Sub shall merge with and into Cyan, with Cyan being the surviving entity, and immediately thereafter, Cyan shall merge with and into the Borrower, with the Borrower being the surviving entity; </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:11pt;">WHEREAS, the Borrower and the other Loan Parties have requested that the Lenders and the Administrative Agent