SEC Contract Filing

Filing Date: 2024-10-09

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>tm2425919d1_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<html><head></head><body link=blue lang="EN-US"><div><div align="center"><div align="center"><div style="text-align: right; font: bold 10pt Times New Roman; top: 17px; right: 64px">Exhibit 10.2</div><table border="0" cellspacing="0" cellpadding="0" style="width:100%;border-collapse:collapse;"><tr style="page-break-inside:avoid;"><td width="92.3%" valign="top" style="padding:0in 5.4pt 0in 5.4pt;width:92.3%;"><p align="center" style="margin:0in 0in .0001pt;text-align:center;"><img src="tm2425919d1_ex10-2img001.jpg" alt="GRAPHIC"></p></td><td width="7.7%" valign="middle" style="padding:0in 5.4pt 0in 5.4pt;width:7.7%;"><p style="margin:0in 0in .0001pt;"><font size="1" color="white" face="Arial" style="color:white;font-size:1.0pt;">EXECUTION VERSION
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AMENDMENT NO. 3 TO TERM LOAN CREDIT AGREEMENT
This AMENDMENT NO. 3 TO TERM LOAN CREDIT AGREEMENT, dated as of
October 8, 2024 (this &#x201C;Amendment&#x201D;), is entered into among THE KROGER CO., an Ohio Corporation (the
 &#x201C;Borrower&#x201D;), the Lenders signatory hereto and CITIBANK, N.A., as administrative agent (in such capacity,
the &#x201C;Administrative Agent&#x201D;).
WHEREAS, the Borrower, the Lenders from time to time party thereto and the
Administrative Agent have entered into that certain Term Loan Credit Agreement, dated as of November
9, 2022 (as amended by that certain Amendment No. 1 to Term Loan Credit Agreement, date as of July 26,
2024, as further amended by that certain Amendment No. 2 to Term Loan Credit Agreement, dated as of
September 13, 2024, and as further amended and restated, supplemented or otherwise modified prior to the
date hereof, the &#x201C;Credit Agreement&#x201D;).
WHEREAS, pursuant to Section 8.01 of the Credit Agreement, the Borrower, the Lenders
party hereto (constituting all of the Lenders under the Credit Agreement on the Amendment Effective Date
(immediately prior to giving effect to this Amendment)) and the Administrative Agent have agreed to
amend the Credit Agreement as provided for herein.
NOW, THEREFORE, in consideration of the mutual execution hereof and other good and
valuable consideration, the parties hereto hereby agree as follows:
1. Defined Terms. Capitalized terms used but not defined herein shall have the
meanings given to them in the Credit Agreement.
2. Amendment. Upon satisfaction of the conditions set forth in Section 3 hereof, the
Credit Agreement is hereby amended as follows:
(a) Section 1.01 of the Credit Agreement is hereby amended by deleting the
definition of &#x201C;Acorn Outside Date&#x201D;.
(b) Section 1.01 of the Credit Agreement is hereby amended by amending and
restating the definition of &#x201C;Commitment Termination Date&#x201D; to read as follows:
 &#x201C;&#x201C;Commitment Termination Date&#x201D; means the earliest of (a) December 31, 2024, (b) the
date that the Acorn Acquisition Agreement is terminated or expires in accordance with the terms
thereof, (c) receipt by the Administrative Agent of written notice from the Borrower of its election
to terminate all Commitments hereunder in full and (d) the Closing Date (after giving effect to the
funding of any Advances on such date).&#x201D;
3. Effectiveness. This Amendment will become effective upon the date (the
 &#x201C;Amendment Effective Date&#x201D;) on which the Administrative Agent shall have received from the Borrower
and each Lender under the Credit Agreement on the Amendment Effective Date (immediately prior to
giving effect to this Amendment) an executed counterpart of this Amendment (or photocopies thereof sent
by fax, .pdf or other electronic means, each of which shall be enforceable with the same effect as a signed
original).
4. Representations and Warranties. The Borrower represents and warrants, as of the
date hereof, that, after giving effect to the provisions of this Amendment, (a) each of the representations
and warranties made by the Borrower in Section 4.01 of the Credit Agreement is true in all material respects
on and as of the date hereof as if made on and as of the date hereof, except (i) to the extent that such </font></p></td></tr></table></div><div style="margin-left:2.6515151515151%;margin-right:2.65151515151515%;page-break-after:always;" ><div style="background-color:#000000;clear:both;height:2pt;border:0;margin:30pt 0pt 30pt 0pt;"></div></div><div align="center"><table border="0" cellspacing="0" cellpadding="0" style="width:100%;border-collapse:collapse;"><tr style="page-break-inside:avoid;"><td width="92.3%" valign="top" style="padding:0in 5.4pt 0in 5.4pt;width:92.3%;"><p align="center" style="margin:0in 0in .0001pt;text-align:center;"><img src="tm2425919d1_ex10-2img002.jpg" alt="GRAPHIC"></p></td><td width="7.7%" valign="middle" style="padding:0in 5.4pt 0in 5.4pt;width:7.7%;"><p style="margin:0in 0in .0001pt;"><font size="1" color="white" face="Arial" style="color:white;font-size:1.0pt;">2
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representations and warranties refer to an earlier date, in which case they were true in all material respects
as of such earlier date or (ii) to the extent that such representations and warranties are qualified as to
materiality or Material Adverse Effect, in which case such representations and warranties shall be true in
all respects, and (b) no event shall have occurred and be continuing, or would result from this Amendment
or the transactions contemplated hereby, that would, as of the Amendment Effective Date, constitute a
Default.
5. Effect of the Amendment. Except as expressly set forth herein, this Amendment
shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and
remedies of the Lenders or the Administrative Agent under the Credit Agreement or any other Loan
Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, ob