SEC Contract Filing

Filing Date: 2020-02-27

Document Content:
<DOCUMENT>
<TYPE>EX-10.9
<SEQUENCE>7
<FILENAME>mtz12311910-kex109.htm
<DESCRIPTION>EXHIBIT 10.9
<TEXT>
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<div><a name="s645aa861cecb4746adfa79c2bc49cce7"></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:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Exhibit 10.9</font></div><div style="line-height:120%;text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">EXECUTION VERSION</font></div><div style="line-height:120%;text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">FIFTH AMENDED AND RESTATED</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">PLEDGE AGREEMENT</font></div><div style="line-height:120%;padding-bottom:4px;padding-top:4px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">THIS FIFTH AMENDED AND RESTATED PLEDGE AGREEMENT</font><font style="font-family:inherit;font-size:9pt;">&#32;(this &#8220;</font><font style="font-family:inherit;font-size:9pt;text-decoration:underline;">Pledge Agreement</font><font style="font-family:inherit;font-size:9pt;">&#8221;) dated as of February 22, 2017 is being entered among </font><font style="font-family:inherit;font-size:9pt;font-weight:bold;">EACH OF THE UNDERSIGNED</font><font style="font-family:inherit;font-size:9pt;">&#32;</font><font style="font-family:inherit;font-size:9pt;font-weight:bold;">AND EACH OTHER PERSON WHO SHALL BECOME A PARTY HERETO BY EXECUTION OF A PLEDGE JOINDER AGREEMENT </font><font style="font-family:inherit;font-size:9pt;">(each a &#8220;</font><font style="font-family:inherit;font-size:9pt;text-decoration:underline;">Pledgor</font><font style="font-family:inherit;font-size:9pt;">&#8221; and collectively the &#8220;</font><font style="font-family:inherit;font-size:9pt;text-decoration:underline;">Pledgors</font><font style="font-family:inherit;font-size:9pt;">&#8221;) and </font><font style="font-family:inherit;font-size:9pt;font-weight:bold;">BANK OF AMERICA, N.A.</font><font style="font-family:inherit;font-size:9pt;">, a national banking association, as administrative agent (together with its successors in such capacity, the &#8220;</font><font style="font-family:inherit;font-size:9pt;text-decoration:underline;">Administrative Agent</font><font style="font-family:inherit;font-size:9pt;">&#8221;) for the Secured Parties (as defined in the Credit Agreement (as defined below)).</font></div><div style="line-height:120%;padding-bottom:5px;padding-top:5px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">WHEREAS, MasTec, Inc., a Florida corporation (the &#8220;</font><font style="font-family:inherit;font-size:9pt;text-decoration:underline;">Company</font><font style="font-family:inherit;font-size:9pt;">&#8221;), MasTec North America, Inc., a Florida corporation (together with the Company, collectively, the &#8220;</font><font style="font-family:inherit;font-size:9pt;text-decoration:underline;">Borrowers</font><font style="font-family:inherit;font-size:9pt;">&#8221; and each individually a &#8220;</font><font style="font-family:inherit;font-size:9pt;text-decoration:underline;">Borrower</font><font style="font-family:inherit;font-size:9pt;">&#8221;), the lenders party thereto (the &#8220;</font><font style="font-family:inherit;font-size:9pt;text-decoration:underline;">Existing Lenders</font><font style="font-family:inherit;font-size:9pt;">&#8221;) and the Administrative Agent are parties to that certain Third Amended and Restated Credit Agreement dated as of August 22, 2011 (as amended, supplemented or otherwise modified prior to the date hereof, the &#8220;</font><font style="font-family:inherit;font-size:9pt;text-decoration:underline;">Existing Credit Agreement</font><font style="font-family:inherit;font-size:9pt;">&#8221;), pursuant to which the Existing Lenders agreed to provide a revolving credit facility, a multi-currency revolving credit facility, a letter of credit subfacility and a term loan facility to the Company and its Subsidiaries;</font></div><div style="line-height:120%;padding-bottom:5px;padding-top:5px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">WHEREAS, in connection with the Existing Credit Agreement, the Borrowers, certain Subsidiaries (as defined in the Existing Credit Agreement) of the Borrowers and the Administrative Agent entered into that certain Fourth Amended, Restated and Consolidated Pledge Agreement dated as of August 22, 2011 (as amended, supplemented or otherwise modified prior to the date hereof, the &#8220;</font><font style="font-family:inherit;font-size:9pt;text-decoration:underline;">Existing Pledge Agreement</font><font style="font-family:inherit;font-size:9pt;">&#8221;);</font></div><div style="line-height:120%;padding-bottom:5px;padding-top:5px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">WHEREAS, pursuant to that certain Fourth Amended and Restated Credit Agreement dated as of the date hereof (as amended, restated, supplemented or otherwise modified f