SEC Contract Filing

Filing Date: 2016-06-15

Document Content:
<DOCUMENT>
<TYPE>EX-10.76
<SEQUENCE>3
<FILENAME>csc401201610-kex1076.htm
<DESCRIPTION>EXHIBIT 10.76
<TEXT>
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<div><a name="s8c39721d66784092bafdc9b65485d46c"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;padding-bottom:32px;text-align:right;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">EXECUTION COPY</font></div><div style="line-height:120%;padding-bottom:32px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">INCREMENTAL ASSUMPTION AGREEMENT</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">April 1, 2016</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Reference is made to the Term Loan Credit Agreement dated as of March 21, 2016 (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;) among Computer Sciences Corporation, a Nevada corporation (the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Company</font><font style="font-family:inherit;font-size:11pt;">&#8221;), the Lenders (as defined in the Credit Agreement) and Bank of America, N.A., as agent for the Lenders (the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Agent</font><font style="font-family:inherit;font-size:11pt;">&#8221;). Terms defined in the Credit Agreement are used herein with the same meaning.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">The undersigned hereby agrees as follows:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">1.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:11pt;">The undersigned proposes to become an Incremental Lender pursuant to Section 2.20 of the Credit Agreement and, in that connection, hereby agrees with the Agent and the Company that, after giving effect to the Increased Amount Date, the undersigned&#8217;s Incremental Commitment will be $50,000,000.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">2.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:11pt;">The undersigned (i)&#160;confirms that it has received a copy of the Credit Agreement, together with copies of the financial statements referred to in Section&#160;4.01(e) thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Incremental Assumption Agreement and (ii)&#160;agrees that it will, independently and without reliance upon the Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">3.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:11pt;">Following the execution of this Incremental Assumption Agreement, it will be delivered to the Agent for acceptance and recording by the Agent. The effective date for this Incremental Assumption Agreement (the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Increased Amount Date</font><font style="font-family:inherit;font-size:11pt;">&#8221;) shall be April 1, 2016.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">4.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:11pt;">Upon such acceptance and recording by the Agent, as of the Increased Amount Date, the undersigned shall be an Incremental Lender party to the Credit Agreement with an Incremental Commitment as set forth in Paragraph 1 above.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:96px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">5.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:11pt;">This Incremental Assumption Agreement shall be governed by, and construed in accordance with, the laws of the State of New&#160;York.</font></div><div style="line-height: