SEC Contract Filing

Filing Date: 2018-03-09

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>exh_102.htm
<DESCRIPTION>EXHIBIT 10.2
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.2<BR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXECUTION VERSION</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>AMENDMENT NO. 3</U></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>AMENDMENT
NO. 3</B></FONT>, dated as of March 7, 2018 (this &ldquo;<B>Amendment</B>&rdquo;), among <B>WESTROCK COMPANY</B>, a Delaware corporation
(the &ldquo;<B>Company</B>&rdquo;), <B>WESTROCK COMPANY OF CANADA HOLDINGS CORP./COMPAGNIE DE HOLDINGS WESTROCK DU CANADA CORP.</B>,
a Nova Scotia unlimited company (the &ldquo;<B>Canadian Borrower</B>&rdquo; and, together with the Company, the &ldquo;<B>Borrowers</B>&rdquo;),
the other Credit Parties, the Lenders party hereto and <B>WELLS FARGO BANK, NATIONAL ASSOCIATION</B>, as administrative agent for
the Lenders (in such capacity, the &ldquo;<B>Administrative Agent</B>&rdquo;) and as multicurrency agent for the Lenders (in such
capacity, the &ldquo;<B>Multicurrency Agent</B>,&rdquo; together with the Administrative Agent, the &ldquo;<B>Agent</B>&rdquo;),
to the Credit Agreement dated as of July 1, 2015 (as amended, restated, amended and restated or otherwise modified from time to
time, the &ldquo;<B>Credit Agreement</B>&rdquo;), by and among the Borrowers, the Subsidiary Borrowers from time to time party
thereto, the Guarantors from time to time party thereto, the Administrative Agent, the Multicurrency Agent and the Lenders and
Issuing Lenders referred to therein. Capitalized terms used and not otherwise defined herein shall have the meanings assigned to
them in the Credit Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">WHEREAS, the Company has entered into that
certain Agreement and Plan of Merger, dated as of January 28, 2018 (the &ldquo;<B>KapStone Merger Agreement</B>&rdquo;), among
the Company, Whiskey Holdco, Inc., a Delaware corporation (&ldquo;<B>Holdco</B>&rdquo;), Whiskey Merger Sub, Inc., a Delaware corporation,
Kola Merger Sub, Inc., a Delaware corporation, and KapStone Paper and Packaging Corporation, a Delaware corporation (the &ldquo;<B>Acquired
Company</B>&rdquo;), pursuant to which the Company intends to acquire the Acquired Company (the &ldquo;<B>Acquisition</B>&rdquo;);
and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">WHEREAS, pursuant to Section 9.1 of the Credit
Agreement, the Credit Parties, the Required Lenders and the Agent desire to amend the Credit Agreement as set forth herein to permit
the consummation of the Acquisition.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">NOW, THEREFORE, in consideration of the premises
and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto, intending to be legally bound hereby, agree as follows:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Section
1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </B></FONT><B><U>Amendment</U>.</B>
The Credit Agreement is, effective as of the date on which the Acquisition is consummated and subject to receipt by the Administrative
Agent (or its counsel) of a Joinder Agreement duly executed by Holdco and dated as of such date (the &ldquo;<B>Amendment Date</B>&rdquo;),
hereby amended to delete the stricken text (indicated textually in the same manner as the following example: <FONT STYLE="color: red"><STRIKE>stricken
text</STRIKE></FONT>) and to add the double-underlined text (indicated textually in the same manner as the following example: <FONT STYLE="text-underline-style: double; color: blue"><U>double-underlined
text</U></FONT>) as set forth in the pages of the Credit Agreement attached as Exhibit A hereto. The Company shall provide notice
to the Administrative Agent on the date on which the Acquisition is consummated; <U>provided</U>, <U>however</U>, that the failure
of the Company to provide such notice shall not negate the amendment of the Credit Agreement as contemplated by this Section 1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Section
2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </B></FONT><B><U>Representations
and Warranties</U>.</B> The Credit Parties represent and warrant to the Lenders and the Agent as of the Effective Date that:</P>

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