SIXTH AMENDMENT
Exhibit 10.1
SIXTH AMENDMENT
THIS SIXTH AMENDMENT (this “Amendment”) dated as of July 12, 2012 to the Credit Agreement referenced below is by and among BRIGHTPOINT, INC., an Indiana corporation (the “Parent”), BRIGHTPOINT NORTH AMERICA L.P., a Delaware limited partnership (“Bright North America”), BRIGHTPOINT HOLDINGS B.V., a Netherlands company (“Bright Netherlands”), BRIGHTPOINT AUSTRALIA PTY. LTD., an Australian company (“Bright Australia”), BRIGHTPOINT EUROPE ApS, a Danish company (“Bright Denmark”; together with the Parent, Bright North America, Bright Netherlands and Bright Australia, collectively, the “Borrowers”), the Guarantors identified on the signature pages hereto, the Lenders identified on the signature pages hereto and BANK OF AMERICA, N.A., in its capacity as Administrative Agent (in such capacity, the “Administrative Agent”).
W I T N E S S E T H
WHEREAS, revolving credit and term loan facilities have been extended to the Borrowers pursuant to the Credit Agreement (as amended, modified, supplemented, increased and extended from time to time, the “Credit Agreement”) dated as of February 16, 2007 among the Borrowers, the Guarantors identified therein, the Lenders identified therein and the Administrative Agent;
WHEREAS, the Borrowers have requested certain modifications to the Credit Agreement; and
WHEREAS, the Required Lenders have approved the requested modifications on the terms and conditions set forth herein.
NOW, THEREFORE, IN CONSIDERATION of the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1. Defined Terms. Capitalized terms used herein but not otherwise defined herein shall have the meanings provided to such terms in the Credit Agreement.
2. Amendment. In Section 1.01 of the Credit Agreement in the definition of “Change of Control” clause (c) is deleted in its entirety and revised to read “[Reserved]”.
3. Conditions Precedent. This Amendment shall become effective as of the date hereof upon receipt by the Administrative Agent of counterparts of this Amendment executed by the Borrowers, the Guarantors, the Required Lenders and the Administrative Agent.
4. Amendment is a “Loan Document”. This Amendment is a Loan Document and all references to a “Loan Document” in the Credit Agreement and the other Loan Documents (including, without limitation, all such references in the representations and warranties in the Credit Agreement and the other Loan Documents) shall be deemed to include this Amendment.
5. Reaffirmation of Representations and Warranties. Each Loan Party represents and warrants to the Administrative Agent and each Lender that after giving effect to this Amendment, (a) each of the representations and warranties of each Loan Party contained in the Credit Agreement or any other Loan Document are true and correct on and as of the date hereof, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are be true and correct as of such earlier date, and (b) no Default exists.
6. Reaffirmation of Obligations. Each Loan Party (a) acknowledges and consents to all of the terms and conditions of this Amendment, (b) affirms all of its obligations under the Loan Documents and (c) agrees that this Amendment and all documents, agreements and instruments executed in connection with this Amendment do not operate to reduce or discharge such Loan Party’s obligations under the Loan Documents.
7. Reaffirmation of Security Interests. Each Loan Party (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are valid and subsisting and (b) agrees that this Amendment and all documents, agreements and instruments executed in connection with this Amendment do not in any manner impair or otherwise adversely effect any of the Liens granted in or pursuant to the Loan Documents.
8. No Other Changes. Except as modified hereby, all of the terms and provisions of the Loan Documents shall remain in full force and effect.
9. Counterparts; Delivery. This Amendment may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of this Amendment by facsimile or other electronic imaging means shall be effective as an original.
10. Governing Law. This Amendment shall be deemed to be a contract made under, and for all purposes shall be construed in accordance with, the laws of the State of New York.
[SIGNATURE PAGES FOLLOW]
IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this Sixth Amendment to be duly executed and delivered as of the date first above written.
DOMESTIC BORROWERS: | BRIGHTPOINT, INC., an Indiana corporation | |||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||
Name: | Xxxxxxx Xxxxxxx | |||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||||
BRIGHTPOINT NORTH AMERICA L.P., | ||||||
a Delaware limited partnership | ||||||
By: | BRIGHTPOINT NORTH AMERICA, INC., | |||||
an Indiana corporation, its general partner | ||||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||
Name: | Xxxxxxx Xxxxxxx | |||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer |
[SIGNATURE PAGES FOLLOW]
FOREIGN BORROWERS: | BRIGHTPOINT HOLDINGS B.V., a Netherlands company |
By: | /s/ Xxxxx X. Xxxxxxxxx |
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Name: | Xxxxx X. Xxxxxxxxx | |||||
Title: | Managing Director A | |||||
By: | /s/ X. Xxxxxxx and A. Konijn |
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Name: | Intertrust (Netherlands) B.V. | |||||
Title: | Managing Director B | |||||
BRIGHTPOINT EUROPE ApS, a Danish company | ||||||
By: | /s/ Xxxxx X. Xxxxxxxxx |
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Name: | Xxxxx X. Xxxxxxxxx | |||||
Title: | Director | |||||
By: | /s/ Xxxxxxx Xxxxxxx |
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Name: | Xxxxxxx Xxxxxxx | |||||
Title: | Director |
EXECUTED by BRIGHTPOINT | ) | |||||
AUSTRALIA PTY LTD in accordance with section 127(1) of the |
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Corporations Xxx 0000 (Cwlth) by authority of its directors: |
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/s/ Xxxxx X. Xxxxxxxxx |
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) | /s/ Xxxxxxx Xxxxxxx | |||||
) | ||||||
Signature of director | ||||||
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) | Signature of director | |||||
Xxxxx X. Xxxxxxxxx | ||||||
) | ||||||
Name of director (block letters) | ||||||
) | Xxxxxxx Xxxxxxx | |||||
) | Name of director (block letters) |
[SIGNATURE PAGES FOLLOW]
DOMESTIC GUARANTORS: | BRIGHTPOINT GLOBAL HOLDINGS II, INC., an Indiana corporation | |||||
BRIGHTPOINT INTERNATIONAL LTD., a Delaware corporation | ||||||
BRIGHTPOINT NORTH AMERICA, INC., an Indiana corporation | ||||||
BRIGHTPOINT LATIN AMERICA, INC., an Indiana corporation | ||||||
BRIGHTPOINT THAILAND, INC., an Indiana corporation | ||||||
WIRELESS FULFILLMENT SERVICES HOLDINGS, INC., | ||||||
a Delaware corporation | ||||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||
Name: | Xxxxxxx Xxxxxxx | |||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer of each of the foregoing | |||||
BPGH LLC, an Indiana limited liability company | ||||||
By: | BRIGHTPOINT INTERNATIONAL LTD., | |||||
a Delaware corporation, its sole member | ||||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||
Name: | Xxxxxxx Xxxxxxx | |||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||||
BRIGHTPOINT SERVICES, LLC, an Indiana limited liability company | ||||||
By: | BRIGHTPOINT, INC., an Indiana corporation, its sole member | |||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||
Name: | Xxxxxxx Xxxxxxx | |||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||||
WIRELESS FULFILLMENT SERVICES LLC, | ||||||
a California limited liability company | ||||||
By: | BRIGHTPOINT, INC., an Indiana corporation, its Manager | |||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||
Name: | Xxxxxxx Xxxxxxx | |||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer |
2601 METROPOLIS LLC, an Indiana limited liability company | ||||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||
Name: | Xxxxxxx Xxxxxxx | |||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer |
[SIGNATURE PAGES FOLLOW]
BRIGHTPOINT DISTRIBUTION LLC, | ||||||||
an Indiana limited liability company | ||||||||
By: | BRIGHTPOINT NORTH AMERICA L.P., | |||||||
a Delaware limited partnership, its sole member | ||||||||
By: | BRIGHTPOINT NORTH AMERICA, INC., | |||||||
an Indiana corporation, its general partner | ||||||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||||
Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||||||
ACTIFY LLC, an Indiana limited liability company | ||||||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||||
Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||||||
000 XXXXXXX XXXXXXX LLC, an Indiana limited liability company | ||||||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||||
Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||||||
BRIGHTPOINT NORTH AMERICA SERVICES, LLC, an Indiana limited liability company | ||||||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||||
Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer |
[SIGNATURE PAGES FOLLOW]
BRIGHTPOINT ALLPOINTS LLC, an Indiana limited liability company | ||||||||
By: | /s/ Xxxxxxx Xxxxxxx |
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Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||||||
TOUCHSTONE ACQUISITION LLC, an Indiana limited liability company |
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By: | /s/ Xxxxxxx Xxxxxxx |
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Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer |
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TOUCHSTONE WIRELESS REPAIR AND LOGISTICS LP, a Pennsylvania limited partnership |
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By: | TOUCHSTONE ACQUISITION LLC, | |||||||
an Indiana limited liability company, its general partner | ||||||||
By: | /s/ Xxxxxxx Xxxxxxx |
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Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||||||
BRIGHTPOINT DEVICE ENGINEERING SERVICES LLC, an Indiana limited liability company |
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By: | /s/ Xxxxxxx Xxxxxxx |
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Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer |
[SIGNATURE PAGES FOLLOW]
FOREIGN GUARANTORS: | BRIGHTPOINT GERMANY GMBH, | |||||||
a company formed under the laws of Germany | ||||||||
By: | /s/ Xxxxx X. Xxxxxxxxx |
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Name: | Xxxxx X. Xxxxxxxxx | |||||||
Title: | Managing Director | |||||||
By: | /s/ Xxxxxxx Xxxxxxx |
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Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Managing Director | |||||||
BRIGHTPOINT DENMARK A/S, a company formed under the laws of Denmark |
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By: | /s/ Xxxxx X. Xxxxxxxxx |
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Name: | Xxxxx X. Xxxxxxxxx | |||||||
Title: | Director | |||||||
By: | /s/ Xxxxxxx Xxxxxxx |
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Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Director | |||||||
BRIGHTPOINT NETHERLANDS B.V., a company formed under the laws of The Netherlands |
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By: | /s/ Xxxxx X. Xxxxxxxxx |
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Name: | Xxxxx X. Xxxxxxxxx | |||||||
Title: | Director | |||||||
BRIGHTPOINT EUROPCO B.V., a company formed under the laws of The Netherlands |
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By: | /s/ Xxxxx X. Xxxxxxxxx |
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Name: | Xxxxx X. Xxxxxxxxx | |||||||
Title: | Managing Director A | |||||||
By: | /s/ X. Xxxxxxx and A. Kohijn |
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Name: | Intertrust (Netherlands) B.V. | |||||||
Title: | Managing Director B |
BRIGHTPOINT SINGAPORE PTE LTD, | ||||||
a company formed under the laws of Singapore, | ||||||
By: | /s/ Xxxxx X. Xxxxxxxxx |
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Name: | Xxxxx X. Xxxxxxxxx | |||||
Title: | Director |
[SIGNATURE PAGES FOLLOW]
ADMINISTRATIVE AGENT: | BANK OF AMERICA, N.A., as Administrative Agent | |||||
By: | /s/ Xxxxxxxx Xxxxx | |||||
Name: | Xxxxxxxx Xxxxx | |||||
Title: | Vice President | |||||
DANISH SWING LINE LENDER: | BANC OF AMERICA SECURITIES LIMITED | |||||
By: | /s/ Xxxx Saint | |||||
Name: | Xxxx Saint | |||||
Title: | Vice President | |||||
AUSTRALIAN SWING LINE LENDER: | BANK OF AMERICA, N.A., SYDNEY BRANCH, | |||||
as Australian Swing Line Lender | ||||||
By: |
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Name: | ||||||
Title: | ||||||
L/C ISSUER: | THE ROYAL BANK OF SCOTLAND N.V. | |||||
By: | /s/ Xxxx Xxx | |||||
Name: | Xxxx Xxx | |||||
Title: | Director |
[SIGNATURE PAGES FOLLOW]
LENDERS: | BANK OF AMERICA, N.A., as a Lender, L/C Issuer, | |||||||
Domestic Swing Line Lender and as an International Swing Line Lender | ||||||||
By: | /s/ Xxxxx X. Xxxxxxxxxx |
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Name: | Xxxxx X. Xxxxxxxxxx | |||||||
Title: | Managing Director | |||||||
DNB NOR BANK ASA | ||||||||
By: | /s/ Xxxxxxx Xx |
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Name: | Xxxxxxx Xx | |||||||
Title: | First Vice President | |||||||
By: | /s/ Kenrik Asland |
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Name: | Xxxxxx Xxxxxx | |||||||
Title: | Senior Vice President | |||||||
FIFTH THIRD BANK | ||||||||
By: | /s/ Xxxx Giffiord |
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Name: | Xxxx Xxxxxxx | |||||||
Title: | Vice President |
NORDEA BANK FINLAND PLC | ||||||||||
By: | /s/ Morgens X. Xxxxxx |
By: | /s/ Xxxxxxxx Xxxxxx | |||||||
Name: | Morgens X. Xxxxxx | Name: | Xxxxxxxx Xxxxxx | |||||||
Title: | Senior Vice President | Title: | Senior Vice President | |||||||
PNC BANK, NATIONAL ASSOCIATION, as a Lender and as an International Swing Line Lender | ||||||||||
By: |
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Name: | ||||||||||
Title: | ||||||||||
BNP PARIBAS | ||||||||||
By: | /s/ Xxxx Xxxxxx |
By: | /s/ Xxx Xxxxx | |||||||
Name: | Xxxx Xxxxxx | Name: | Xxx Xxxxx | |||||||
Title: | Director | Title: | Vice President | |||||||
REGIONS BANK | ||||||||||
By: |
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Name: | ||||||||||
Title: |
[SIGNATURE PAGES FOLLOW]
COMPASS BANK | ||||||
By: | /s/ Xxxxxx Xxxxxx |
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Name: | Xxxxxx Xxxxxx | |||||
Title: | Vice President | |||||
DEUTSCHE BANK AG NEW YORK BRANCH | ||||||
By: | /s/ Xxxxxx X. Xxxxxxxxxx |
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Name: | Xxxxxx X. Xxxxxxxxxx | |||||
Title: | Director | |||||
By: | /s/ Xxxxxxxx X. Xxxxxx |
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Name: | Xxxxxxxx X. Xxxxxx | |||||
Title: | Vice President | |||||
US BANK NATIONAL ASSOCIATION | ||||||
By: | /s/ Xxxxxxx X. Xxxxxxx |
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Name: | Xxxxxxx X. Xxxxxxx | |||||
Title: | Vice President | |||||
THE HUNTINGTON NATIONAL BANK | ||||||
By: | /s/ Xxxxx X. Xxxxx |
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Name: | Xxxxx X. Xxxxx | |||||
Title: | Senior Vice President |