SEC Contract Filing

Filing Date: 2019-09-13

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>d801620dex101.htm
<DESCRIPTION>EX-10.1
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<TITLE>EX-10.1</TITLE>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Execution Version </B></P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>FIRST
AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">THIS FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this
&#147;<B><I>Amendment</I></B>&#148;) is entered into as of September&nbsp;12, 2019 by and among Addus HealthCare, Inc., an Illinois corporation (the &#147;<B><I>Borrower</I></B>&#148;), Addus HomeCare Corporation, a Delaware corporation
(&#147;<B><I>Holdings</I></B>&#148;), the other Persons party hereto that are designated as a &#147;<B><I>Credit Party</I></B>&#148; on the signature pages hereof, Capital One, National Association, as Agent (the &#147;<B><I>Agent</I></B>&#148;) and
as a Lender, and the other Lenders signatory hereto. </P> <P STYLE="margin-top:18pt; 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:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, Borrower, Holdings, the other Credit Parties, Agent and the other Lenders from time to time party thereto are parties to that certain
Amended and Restated Credit Agreement dated as of October&nbsp;31, 2018 (as amended, restated, supplemented or modified from time to time, the &#147;<B><I>Credit Agreement</I></B>&#148;; unless otherwise defined herein, capitalized terms used herein
that are not otherwise defined herein shall have the respective meanings assigned to such terms in the Credit Agreement); </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS,
Borrower has requested that certain of the Lenders party hereto (the &#147;<B><I>Incremental Lenders</I></B>&#148;) provide incremental Revolving Loans Commitments in an aggregate amount of $50,000,000 (the &#147;<B><I>2019 Incremental Revolving
Loan Commitment</I></B>&#148;), in each case on the terms set forth in this Amendment; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Credit Parties have further
requested that the Agent and Lenders amend certain provisions of the Credit Agreement, and, subject to the satisfaction of the conditions set forth herein, Agent and the Lenders signatory hereto are willing to do so, on the terms set forth herein;
and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, in consideration of the mutual agreements, provisions and covenants contained herein, the parties agree as follows:
</P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>A.&nbsp;&nbsp;&nbsp;&nbsp;INCREMENTAL REVOLVING LOAN COMMITMENT </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Each of the Incremental Lenders hereby agrees, severally and not jointly, to increase its respective Revolving
Loan Commitment in an aggregate principal amount equal to the amount set forth opposite such Incremental Lender&#146;s name on <U>Schedule 2.1</U> of the Credit Agreement as amended hereby, on the terms set forth herein and in the Credit Agreement
(as amended hereby), and subject to the conditions set forth in this Amendment. After giving effect to the 2019 Incremental Revolving Loan Commitment, the total amount of Incremental Facilities which may be incurred by the Borrower shall be reduced
from $100,000,000 to $50,000,000. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">For the avoidance of doubt, all Revolving Loans made pursuant to the Revolving Loan Commitments, as increased
hereby, shall have terms and provisions identical to those applicable to the Revolving Loans made immediately prior to the First Amendment Effective Date. </P></TD></TR></TABLE>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>B.&nbsp;&nbsp;&nbsp;&nbsp;AMENDMENTS TO CREDIT AGREEMENT. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Upon satisfaction of the conditions set forth in Section&nbsp;4 hereof, the Credit Agreement is hereby amended as follows: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left">1.</TD