SEC Contract Filing

Filing Date: 2015-06-09

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>a15-13503_1ex10d1.htm
<DESCRIPTION>EX-10.1
<TEXT>

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<p align="right" style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:right;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 10.1</font></b></p>
<p align="right" style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:right;text-indent:.5in;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">&nbsp;</font></i></b></p>
<p align="right" style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:right;text-indent:.5in;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">Execution Version</font></i></b></p>
<p align="right" style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:right;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">THIRD LETTER AMENDMENT</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">TO NOTE PURCHASE AND PRIVATE SHELF AGREEMENT</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="right" style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:right;text-indent:3.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">June&nbsp;3, 2015</font></p>
<p align="right" style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-align:right;text-indent:3.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Prudential Insurance Company</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-indent:6.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">of America and each other Holder (defined below)</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c/o Prudential Capital Group</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2200 Ross Avenue, Suite&nbsp;4300</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Dallas, Texas 75201</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Ladies and Gentlemen:</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">We refer to the Note Purchase and Private Shelf Agreement, dated as of December&nbsp;28, 2012 (as amended by (i)&nbsp;the Letter Amendment and Waiver to Note Purchase and Private Shelf Agreement, dated as of April&nbsp;30, 2013, and (ii)&nbsp;the Second Letter Amendment and Waiver to Note Purchase and Private Shelf Agreement, dated as of August&nbsp;25, 2014, the &#147;<b>Existing Agreement</b>&#148; and, as the same shall be further amended hereby, the &#147;<b>Agreement</b>&#148;), among Primoris Services Corporation, a Delaware corporation (the &#147;<b>Company</b>&#148;), Prudential Investment Management,&nbsp;Inc. and the purchasers party thereto (collectively, together with each other holder from time to time of the Notes (as defined therein), the &#147;<b>Holders</b>&#148;).&#160; Unless otherwise defined herein, the terms defined in the Existing Agreement shall be used herein as therein defined.</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Company has requested that certain of the terms and provisions contained in the Existing Agreement be amended to, among other things as set forth herein, (a)&nbsp;increase the aggregate principal amount of Shelf Notes made available to the Company and (b)&nbsp;extend the Issuance Period of the Shelf Notes, and the Company and the Holders have agreed to such amendments, all under the terms and conditions set forth in this Third Letter Amendment to Note Purchase and Private Shelf Agreement (this &#147;<b>Amendment</b>&#148;).</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Therefore, for good and valuable consideration, it is hereby agreed by you and us as follows:</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;punctuation-wrap:simple;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-siz