Staples, Inc.
Exhibit 10.1
Staples, Inc.
000 Xxxxxxx Xxxxx
Xxxxxxxxxx, Xxxxxxxxxxxxx 00000
January 15, 2009
Barclays Bank PLC
000 Xxxxx Xxxxxx Xxxx
Xxxxxxxx, Xxx Xxxxxx 00000
Attention: May Xxxx
Fax: 000-000-0000
Email: Xxx.Xxxx@xxxxxx.xxx
Barclays Capital
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Xxxxx X. Xxxxxx
Fax: 000-000-0000
Email: XxxxxX.Xxxxxx@xxxxxx.xxx
Re : Credit Agreement, dated April 1, 2008, by and among Staples, Inc., Barclays Bank PLC, as successor Administrative Agent, and the co-syndication agents and lenders party thereto, as amended from time to time through the date hereof (the “Credit Agreement”)
Ladies and Gentlemen:
Reference is hereby made to Section 2.6 (“Mandatory Commitment Reductions; Mandatory Prepayments of Loans”) of the Credit Agreement. Terms used herein but not defined herein shall have the meanings assigned thereto in the Credit Agreement.
Please take notice that, in accordance with Section 2.6 of the Credit Agreement, Staples, Inc. hereby gives notice that, effective January 15, 2009, the Total Commitment shall be reduced by $1,489,000,000.00, resulting in a remaining Total Commitment of $1,261,000,000.00.
Please give notice to the Lenders of this reduction of the Total Commitment in accordance with Section 2.6 of the Credit Agreement.
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Regards, |
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STAPLES, INC. |
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By: |
/s/ XxxxxXx Xxxxxx |
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Name: XxxxxXx Xxxxxx |
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Title: Vice President / Assistant Treasurer |