SEC Contract Filing

Filing Date: 2016-05-04

Document Content:
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<TYPE>EX-10.1
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<FILENAME>d137631dex101.htm
<DESCRIPTION>EX-10.1
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Exhibit 10.1 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>Fourth Amendment to Investor Agreement </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">THIS FOURTH AMENDMENT TO THE INVESTOR AGREEMENT (this &#147;Amendment&#148;), dated as of April&nbsp;6, 2016, is made by and between Morgan
Stanley, a Delaware corporation (the &#147;Company&#148;), and Mitsubishi UFJ Financial Group, Inc., a joint stock company organized under the laws of Japan (the &#147;Investor&#148;). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">W I T N E S S E T H: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">WHEREAS,
the Company and the Investor are parties to that certain Investor Agreement, dated as of October&nbsp;13, 2008, and amended by the First Amendment to Investor Agreement, dated as of October&nbsp;27, 2008, and amended and restated by the Amended and
Restated Investor Agreement, dated as of June&nbsp;30, 2011, and amended by the Third Amendment to Investor Agreement, dated as of October&nbsp;3, 2013 (the Investor Agreement, as so amended and restated, the &#147;Investor Agreement&#148;); and
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Company and the Investor have determined to further amend the Investor Agreement as set forth herein. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">NOW THEREFORE, in consideration of the premises and of the respective representations, warranties, covenants and conditions contained herein,
the parties hereto agree as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"><U>Defined Terms</U>. Capitalized terms used but not defined in this Amendment shall have the respective meanings ascribed to them in the Investor Agreement. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"><U>Amendments</U>. The Investor Agreement is hereby amended as follows: </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.1.</TD>
<TD ALIGN="left" VALIGN="top">The first sentence of Section&nbsp;3.4 is amended and restated in its entirety as follows: &#147;Standstill Period&#148; shall mean the period from the date hereof until the earlier of (i) October&nbsp;13, 2018, and
(ii)&nbsp;the occurrence of an Investor Rights Termination Event; provided, however, that the parties shall, prior to the expiration of the Standstill Period, discuss in good faith whether to extend the Standstill Period (with no obligation to
extend).&#148; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.2.</TD>
<TD ALIGN="left" VALIGN="top">Section&nbsp;5.6 is amended and restated in its entirety as follows: &#147;The preemptive right to purchase Covered Securities granted by this Article V shall not be available for any offering that commences at any time
after (i)&nbsp;October&nbsp;13, 2018 (the &#147;Preemptive Rights Expiration Date&#148;) or (ii)&nbsp;the date on which the Investor Transfers any of the Securities that it acquired on the Closing Date or the Common Stock issued upon conversion of
any Securities, or Hedges its exposure to the Common Stock, except as contemplated by clause (i)&nbsp;or (ii)&nbsp;of the first sentence of Section&nbsp;4.1(a) and Section&nbsp;4.1(e); provided, however, that the parties shall, no later than 3
months prior to the Preemptive Rights Expiration Date, discuss in good faith whether to extend the Preemptive Rights Expiration Date (with no obligation to extend).&#148; </TD></TR></TABLE>

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<TD WIDTH="4%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top"><U>No Other Amendments</U>. Except as expressly set forth herein, the Investor Agreement remains in full force and effect in accordance with its terms and nothing contained herein shall be deemed to be a waiver,
amendment, modification or other change of any term, condition or provision of the Investor Agreement (or a consent to any such waiver, amendment, modification or other change). All references in the Investor Agreement to the Investor Agreement
shall be deemed to be references to the Investor Agreement after giving effect to this Amendment. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;marg